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After more than fifty years of U.S. government-sponsored housing finance, Why has home ownership not increased and why are houses unaffordable?
Original article: https://mises.org/mises-wire/after-50-years-us-government-sponsored-housing-finance-why-are-houses-so-unaffordable
Voters in last week‘s Democratic Primary in New York City had to choose between a socialist and a crony capitalist. They chose the socialist. Fifty years ago, Establishment politicians drove the city into de facto bankruptcy. A new generation of political elites are doing the same.
Original article: https://mises.org/mises-wire/half-century-after-new-york-citys-fiscal-collapse-citys-politicians-have-learned-nothing
Nate and Maria take a quick break from the World Series of Poker to tape a live episode at the Aspen Ideas Festival. They give some updates on a scandal at the World Series, then discuss Zohran Mamdani’s recent win in New York City’s Democratic primary, and what it might mean for elections moving forward. They also discuss the language we use to convey probability, and why talking about it can be so difficult. Plus, they answer some audience questions.
Further Reading:
From Adam Kucharski’s newsletter, Understanding the unseen: Possibly a serious possibility
From Silver Bulletin: Zohran delivered the Democratic establishment the thrashing it deserved
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Silver Bulletin from Nate Silver
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array(3) { [0]=> string(184) "https://www.omnycontent.com/d/clips/e73c998e-6e60-432f-8610-ae210140c5b1/951120d9-cf6e-4224-93d7-b15c014dcea5/09282467-8021-4981-9fdb-b30f0019310e/image.jpg?t=1751507216&size=Large" [1]=> string(10) "image/jpeg" [2]=> int(0) }The gang discuss the DOJ‘s attempts to denaturalize American citizens, how the Big Beautiful Bill funds genocide, and Islamophobic attacks on Zohran Mamdani from Republicans and Democrats. Plus, updates on tariffs, the Diddy trial, and Elon Musk’s subsidies.
Sources:
https://www.rollingstone.com/music/music-news/bob-vylan-visa-revoked-state-department-1235375566/
https://bsky.app/profile/mclem.org/post/3lstr4lfyns2w
https://bsky.app/profile/immdef.bsky.social
https://ecf.dcd.uscourts.gov/cgi-bin/show_public_doc?2025cv0306-71
https://x.com/RepOgles/status/1938301392416084150
https://www.politico.com/news/2025/07/01/kirsten-gillibrand-zohran-mamdani-00436031
https://www.youtube.com/watch?v=hU8dU-K1qZ4
https://www.miamiherald.com/news/local/immigration/article309792865.html
https://www.pbs.org/newshour/politics/heres-whats-in-the-big-bill-that-just-passed-the-senate
https://www.cnbc.com/2025/07/02/trump-trade-vietnam-deal.html
https://newrepublic.com/post/197412/donald-trump-big-beautiful-budget-bill-devastating-poll
https://www.cbsnews.com/news/whats-in-trump-big-beautiful-bill-senate-version/
See omnystudio.com/listener for privacy information.
array(3) { [0]=> string(184) "https://www.omnycontent.com/d/clips/e73c998e-6e60-432f-8610-ae210140c5b1/78d30acb-8463-4c40-a5ae-ae2d0145c9ff/2d6bda82-15f8-4894-8721-b30e014717c8/image.jpg?t=1751486031&size=Large" [1]=> string(10) "image/jpeg" [2]=> int(0) }A New York jury clears Sean "Diddy" Combs of sex trafficking and racketeering but finds him guilty of transportation to engage in prostitution. Also: Dining on foie gras in space, and marking moths' decline in sound.
Music mogul Sean "Diddy" Combs denied bond after convictions on prostitution-related federal charges. Bryan Kohberger pleads guilty to killing 4 University of Idaho students. Budget bill stalls in the House.
CBS News Correspondent Jennifer Keiper with tonight's World News Roundup.
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