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David Bahnsen joins us today to talk about the new GDP numbers, the tariff deals, and the Trump growth agenda—are they balancing out, canceling each other out, or at war with each other, and will we know what to make of them before next year? And the continuing disgrace of the New York Times and its coverage of Gaza, with a second fraudulent photo "proving" starvation in two months. Give a listen.
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With August about to begin the long-time Virginia election watchers say that this is when “it gets real.” The Washington Examiner just published election predictions made by the organization State Navigate that reported that by their estimates each Democrat candidate would win the statewide races by a minimum of 8 percent and that Lt Gov Winsome Sears would lose by 11. Moreover, they predict that the Democratic party will flip 7 seats in the House of Delegates. Flipping it to a GOP majority had been a key effort of the Republican Party leadership so that they could block the “Day Of” Abortion constitutional amendment.
We sat down with one leader that is spending his time and campaign contributions on other candidates this year, Tom Garrett of Virginia’s 56th district (Fluvanna, Louisa, Goochland) and asked him if the race had really turned so badly.
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This morning's GDP figure showed that the U.S. economy grew at an annual rate of 3% in Q2 — a higher-than-expected rebound. But there's more than meets the eye. "The headline number is showing the volatility in trade and imports and exports, but the numbers underneath are showing very much a slow slowing of the U.S. economy," says economist Kathryn Anne Edwards. We'll discuss. And later: South African entrepreneurs are bringing power generation within reach to lower-income families and small businesses.
Tsunami warnings have been scaled back across much of the northern Pacific after a huge earthquake off eastern Russia. The earthquake, which hit near Kamchatka Peninsula on Wednesday, is one of the most powerful ever recorded. Tsunami warnings have since been downgraded in Japan, Russia and Hawaii. Also, health officials in Gaza say seven more people have starved to death in the last twenty-four hours. And, UK gets first female Astronomer Royal in 350 years. (Credit: Photo by The Russian Academy of Sciences)
Plus: AI finance app, Ramp, is valued at $22.5 billion in funding round. Ariana Aspuru hosts.
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The UK will recognise a Palestinian state in September unless Israel takes "substantive steps to end the appalling situation in Gaza", its prime minister Keir Starmer has said.
Israeli prime minister Benjamin Netanyahu said the move "rewards Hamas's monstrous terrorism".
Also in the programme: As tsunami waves reach the US west coast after Russian earthquake, we'll look at what's behind the earthquake and tsunamis; and the UK gets its first female astronomer royal in 350 years.
(Photo shows Israeli prime minister Benjamin Netanyahu speaking during a press conference in Jerusalem, Israel on 21 May 2025. Credit: Ronen Zvulun/Reuters) )
The proper answer to who should be Fed chairman is…nobody. Nobody knows the “correct” interest rate.
Original article: https://mises.org/power-market/nobody-fed-chairman
President Trump is proposing a $1.5 million levy on Chinese-built ships that enter US harbors. Since a majority of cargo ships have been produced by Chinese shipyards, the costs would be substantial. This action also would damage US exports, yet another unintended consequence of US policies.
Original article: https://mises.org/mises-wire/trumps-tariff-ship-has-sailed-chinese-ship-levy
Hello,
Today, we have on Jeremy Konyndyk, the president of Refugees international and a longtime humanitarian and emergency operator. He has served in senior appointments in two U.S. administrations. He was the director of USAID’s Office of US Foreign Disaster Assistance in the Obama administration and also worked in the Biden administration.
Jeremy has been sounding the alarm about the famine in Gaza for a number of months, and has done a series of really helpful explainer threads on Twitter that have gone viral. We’ve invited him on the show today to help us understand the starvation crisis that is now in full swing.
Tyler and I both learned a ton in this episode about how famines happen, the infrastructure for aid, and the political obstructions in the way. In the end, we both came away somehow feeling both appropriately horrified but also not as nihilistic as we did before we talked to Jeremy. A really important episode of the show.
Muscogee Freedmen are closer to tribal citizenship than ever before. The Muscogee (Creek) Nation Supreme Court ruled the tribe must extend the rights of citizenship to the descendants of slaves who also have Muscogee lineage. We’ll hear from Freedman who welcome the ruling, but warn there are likely more hurdles ahead.
We’ll also talk with an Alaska Native engineer working on building clean water systems for rural villages and inspiring Native girls to consider careers in science along the way.
And we’ll hear from both U.S. Health Secretary Robert F. Kennedy and the tribal chairman about Sec. Kennedy’s visit to the Nez Perce Reservation in Idaho to tout the Trump administration’s commitment to food sovereignty.
GUESTS
Marilyn Vann (Cherokee Nation), president of the Descendants of Freedmen of the Five Civilized Tribes Association
Eli Grayson (Muscogee), radio host, Muscogee Nation Hall of Fame inductee, and a Freedmen descendant
Charitie Ropati (Yup’ik and Samoan), climate justice advocate, water engineer, and North America Regional Facilitator at the Youth Climate Justice Fund
Shannon Wheeler (Nez Perce), chairman of the Nez Perce Tribal Executive Committee
Break 1 Music: Rainbow Gratitude (song) Joy Harjo (artist) Red Dreams, A Trail Beyond Tears (album)
Break 2 Music: Grandmother’s Song (song) Fawn Wood (artist) Iskwewak (album)