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Join us Sept. 9 in Austin and online for a discussion on the politics of data centers in Texas
Data centers are reshaping Texas communities, and the politics around them don’t break along familiar lines. Join The Texas Tribune at 9 a.m. Wednesday Sept. 9 in Austin or online for a conversation that goes beyond the headlines to examine where Texans actually stand on the data center boom, how opinions are shifting and what […]
Texas Politics Project director discusses new poll results, Senate race and data center opinion
‘There are several reasons why we’re in this precarious situation’
Opinion, comment and editorials of the day
Opinion: Alaska’s science is strange enough without the conspiracy theories
Alaska’s research facilities do remarkable work. Causing earthquakes and controlling the weather isn’t part of the job description.
‘Snake Men’ by Zach St. George
Who gets to name a newly discovered species is an unsettled question in the world of biology. Conflicts over taxonomy can become venomous.
Opinion | Democrats Want Fighters. A Former Republican Has Ideas.
On deep frustration with the Democratic establishment and potential souring among Trump supporters.
The Literacy Crisis Reaches Dog-Bear Science
“New analysis of more than 300 bear encounters suggests our canine companions often increase odds of conflict and rarely serve as early warning systems many recreationists assume,” reads a subhead in Mountain Journal. The thing is, that study reaches no such conclusion. But you have to read beyond the abstract to understand that. Mountain Journal is not alone. Let’s look at a brief list of takeaways published elsewhere just to establish that none of them seem to know how to read science. Wes Siler’s Newsletter is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Subscribe Here’s CBC: “A new peer-reviewed study, The Canine Conundrum: Is a Dog a Help or Hindrance in Bear Country?, dug into conflicts similar to what the video depicts, by analyzing 326 reported human-bear conflicts from 1901 to 2023 involving dogs.” “The study found 54 per cent of conflicts were started by dogs. In the encounters researchers included in the study, five people and 56 dogs were killed, and 170 people were injured.” “Lana Ciarniello, an independent researcher who co-authored the study, said researchers found when a person goes hiking with at least one other person, the odds of a negative bear encounter decrease by 50 per cent.” “However, when a dog is involved, the chances of a negative bear encounter increase because ‘a dog really adds a chaotic factor into the mix of recreation,’ said Ciarniello.” Again, the study finds no data supporting that conclusion. “Hiking with your pet dog may make you feel safer in bear country—but a hiker’s recent encounter and a new study prove that the numbers don’t add up,” writes Backpacker, which is now part of Outside. The numbers don’t add up to support this take. There’s plenty more examples, but all are equally dumb, so I’ll stop there. How did so many people get this so wrong? Three reasons: 1) the study is published behind a paywall, with only the abstract freely available. 2) the methodology sets out to create work relevant to a hyper-specific audience, not the public. And 3) the dataset studied is almost absurdly limited and doesn’t bear (get it?!) comparison to wider information. Let’s work through all three. The Problem is Money I understand the irony, since I’m writing about this on a subscription-model newsletter, but information wants to be free. The study is published by The Wildlife Society and costs $16 to access. Reprinting it is specifically prohibited by the terms of use, so I can only share snippets and my conclusions with you here. Having worked as a journalist for 24 years, I can report with some authority that journalists are both lazy and cheap. I don’t think it’s a stretch to say that much of the material you’re seeing written about this study is drawn from the freely-available abstract (above) only, and not a deep dive into its methodology or data. And that’s a problem, because abstracts are where researchers are able to break from their numbers and editorialize their opinions about conclusions. So what’s getting reported isn’t based on numbers, it’s based on an opinion designed for a specific audience, not the general public. Hell yeah ladies, kick that bear’s ass. The Methodology is Designed to Support a Predetermined Conclusion One of the biggest issues with the science that everyone likes to cite about bear spray’s efficacy is that no one understands that study was designed for a specific audience, looking for a specific answer. And since that audience is not the public, and our safety was not the question being asked, its conclusion is rendered irrelevant to our needs. Yes, I’m talking about Efficacy of Bear Deterrent Spray in Alaska, which was created by Tom Smith and Stephen Herrero, two of the same scientists who put together this dog-bear conflict analysis. In the spray study, the purpose was to present relevant agencies with the information they needed to issue their field workers with bear spray. As such, incidents where people were unable to access the spray or similarly failed to get it deployed in time were excluded from the results, and only incidents they deemed successful were included. Could a ranger roll down their vehicle’s window and scare a bear away from a dumpster by spraying it? Turns out the answer was yes, and that was good enough for the purposes of that study. The sample size of actual bear attacks—the thing you and I would want bear spray to provide a solution to, was too small to draw conclusions from, and didn’t indicate success in that role. Is a Dog a Help or Hindrance in Bear Country? has similar limitations. “Insights provided here are intended to help wildlife managers create effective guidelines regarding the presence of domestic dogs in bear habitat,” is explained clearly by the study’s text. To conduct the study, Smith and Herrero went looking for publicly available reports of dog-bear conflicts: “All incidents included in our analysis involved at least one bear, one dog, and one person who was at immediate risk of injury (e.g., not in a protective structure such as a cabin or vehicle), injured, or killed,” explains the report’s methodology. Why is that a problem? “We recognize that data used in this study are biased in that people generally only report adverse interactions with bears, not benign ones. Consequently, we assume that for the most part, people and their dogs pass through bear country without incident.” As was the problem with the bear spray study, people are drawing conclusions here from a study that was never intended to be relevant to the general public. The Smith-Herrero database famously excludes Alaska’s Defense of Life and Property records, which are elsewhere considered the largest and most authoritative source on human-bear conflict. The Dataset is Absurdly Limited A 2009 study conducted by the Washington Department of Fish & Wildlife estimates that each year there are at least 43,000 documented complaints of human-bear conflict across North America. Is a Dog a Help or Hindrance in Bear Country? Examined those reports for years ranging from 1901 to 2023, and only managed to find 326 such incidents that met the criteria explained above. Let’s do some quick math, poorly. 43,000 incidents x 122 years = 5,246,000 total incidents of documented human-bear conflict. Smith and Herrero were only able to find 326 incidents that met their criteria for dog+human+bear+risk or occurrence of injury. That means there’s a 0.006 percent chance that the study’s conclusion—that dogs make bear encounters more dangerous—even gets a chance of occurring. And remember, that’s only in documented conflicts. There’s no way to know how many people across North America run into a bear in any given year without any conflict, but it’s probably safe to assume that the total number is well in excess of 43,000. And, dig deeper into the study and you can find further restrictions that skew its conclusions even more. “While the people involved in these incidents did not report the level of training their dogs had received, it is our assumption that most were untrained companion dogs as opposed to well-trained bear dogs, such as Karelians and livestock guardian breeds that have proven to be significant aids in bear country,” the study’s methodology explains. And that’s a problem, because an ongoing study here in Montana is finding that the simple presence of a Kangal like our youngest dog Teddy can reduce visits to private property from grizzly bears by 87.8 percent. In addition to being a badass, Teddy is also a companion animal. And in my admittedly limited sample size of the three dogs currently present in our living room, she’s no more effective than her mutt brothers. Plenty of people own a dog capable of deterring bears, even if they didn’t set out to own a bear dog. The real purpose of this study appears to be a recommendation that leashes are mandated and recreationists pursue training in their deterrent of choice. But that doesn’t make for sensational headlines. Are There Any Real Takeaways Here? Let’s throw some numbers around, just to try and get our hands around what the larger picture might look like for bears and dogs here. The American Veterinary Medical Association estimates that 42.6 percent of American households own a dog. The Canadian Animal Health Institute says roughly 35 percent of households in Canuckistan own a dog. In an attempt to create the worst possible result for dogs, let’s run with that 35 percent number. And given that outdoorsy and rural people are more likely to both own a dog, and have bear encounters, let’s just make a giant assumption and apply that number to those 43,000 conflicts documented annually. If 35 percent of 43,000 human-bear encounters involve a dog, then we can assume that at least 15,050 dog-bear conflicts are occurring annually in North America. 15,050 x 122 = 1,836,100. Smith and Herrero were only able to find 326 incidents that met their human, dog, chance or occurrence of injury criteria across 122 years. And only 170 documented human injuries. So, with all the obvious caveats about these numbers in no way describing reality beyond narrow study parameters, what they actually found is that your risk of injury if your dog tangles with a bear is only 0.009 percent. I’ll take those odds next time I’m hiking my dogs in bear country. Top photo: “Superintendent Horace Albright, eating pancakes with bears, at Lake Lodge, Yellowstone National Park.” NPS. A journalist with more than two decades of experience working around the world, Wes Siler is here to cut through the outrage and disinformation to bring you the factual, insightful, actionable reporting you need to understand what’s going on. Upgrading to a paid subscription supports this reporting, and buys personal access to Wes, who will help you save money on gear, plan outdoor adventures, and prepare for real life, and who promises he’s less salty in real life than he sometimes comes across as on the Internet. Wes Siler’s Newsletter is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Subscribe
Opinion | How Shenzhen can win the ‘AI for science’ race
Rather than copy the research-focused models of Beijing and Shanghai, the tech hub must leverage its industrial depths to become a premier lab for experimentation and deployment.
Yankees Get Devastating Fernando Cruz Injury News During Astros Series
The New York Yankees got a devastating update concerning reliever Fernando Cruz. Yankee manager Aaron Boone told MLB.com’s Bryan Hoch that Cruz is seeking second opinions after imaging revealed a partially torn UCL in his right elbow. Fernando Cruz has a partial tear of his right UCL. He is seeking second opinions but surgery is […] The post Yankees Get Devastating Fernando Cruz Injury News During Astros Series appeared first on HEAVY.
New Yorkers share opinions about Trump's idea to change the name of Lake Ontario
The trade war between the United States and Canada took an unexpected turn Tuesday morning, when President Donald Trump threatened to rename Lake Ontario.
‘Gary has borne the brunt of extreme deindustrialization and disinvestment’
Opinion, comment and editorials of the day
Opinion | Forcing women to drink at business dinners has no place in modern China
The alleged assault of a female employee in Hangzhou exposes how such unsavoury practices persist amid Beijing’s anti-extravagance campaign.
Five Best Books on the Human Side of Science
The author of “Lost in Curiosity” on tales of lab mishaps, fieldwork adventures and personal sacrifices in the pursuit of good data.
A deep dive into climate change
Some policymakers continue to question the science of climate change, despite the growing evidence of significant damage to life on land and in the ocean.Katja Matthes, director of the GEOMAR Helmholtz Centre for Ocean Research Kiel in Germany, believes the ongoing attempts to politicise climate science and discredit researchers are hindering international cooperation and public understanding. The ocean provides clear evidence of the extent to which changes are occurring, she says.“We are seeing severe, unprecedented and accelerating changes in the ocean — warming ocean temperatures, acidification and oxygen depletion — that are destabilising the most important system that makes life on this planet possible,” Matthes explains. Visible signs of these changes include the melting of ice sheets in the Arctic and Greenland. Deeper down, the growing frequency of hypoxia — or oxygen-deprived “dead zones”, where marine life can no longer survive — in the Baltic and record-high Mediterranean surface temperatures are indicators of the “dramatic warming” of the ocean, she adds.The ocean, which covers around 70% of the Earth’s surface, acts as a vital carbon sink, absorbing around 30% of the planet’s carbon dioxide (CO2) and 90% of the excess heat. However, the global ocean surface temperature has risen by an average of half a degree Celsius since 1982, according to the EU Copernicus observatory. More significant rises have been recorded in the Mediterranean, Black, Baltic and other shallower seas.Some ocean temperature increases do occur naturally, such as during El Niño events. But sustained rises can trigger extreme weather on land — including droughts, floods and catastrophic storms — while also harming marine ecosystems. Only 10% of marine species have been studied, Matthes notes, “so the consequences might be even more severe than we know.”Fostering European cooperation amid uncertaintyMatthes, who holds a doctorate in meteorology, is a professor of atmospheric physics as well as director of GEOMAR. She serves as one of Kiel’s ambassadors to Science Comes to Town (SCTT), an EU-funded programme that aims to promote science’s role in society and strengthen cross-border collaboration in research, innovation and sustainability. SCTT is hosted by the coastal cities of Kiel, Brest (in France) and Split (in Croatia).The SCTT project also provides a platform for raising awareness and understanding between scientists and the public about major issues, such as climate change. Having worked on both sides of the Atlantic, Matthes is frustrated by recent attempts to erode decades of international climate collaboration and question the credibility of research. Earlier this year, the US administration delivered a major blow to global cooperation by withdrawing from the Intergovernmental Panel on Climate Change (IPCC), the UN Framework Convention on Climate Change and other global climate organisations, claiming they were “contrary to the interests of the United States.”In addition, a US Department of Energy (DOE) report cast doubt on the latest IPCC climate assessment, which was published in 2024. As a contributing author to the IPCC study, Matthes says the DOE sought to discredit scientists like herself. “Climate change is not a matter of opinion, it really exists and we are witnessing dramatic changes,” she notes. “It’s not climate change as a whole that is being targeted, but scientists and their research.”Other US actions have also hit home for Matthes, who spent three years at the US National Center for Atmospheric Research (NCAR) in Boulder, Colorado. The White House has announced plans to close the facility, a move that was “pretty tough” due to the German scientist’s personal connections with the staff and their reputation for excellence.Changing the narrative on climate changeEurope’s scientific community remains a driving force on climate research and collaboration. As one of the world’s leading marine research institutions, GEOMAR attracts students from more than 50 countries and plays an important role in global observation initiatives that contribute to understanding and protecting the ocean basins. At a European level, GEOMAR works closely with other top marine research facilities, including France’s Ifremer, an SCTT partner in Brest. GEOMAR has also developed innovative and safe strategies for removing unexploded wartime munitions from the seabed, which release toxic substances that pose a danger to humans and the marine environment. Through the Horizon Europe MMinE-SwEEPER project, this knowledge has been transferred to the European level.These initiatives are examples of how local action can have a global impact, Matthes says, and how Europe can strengthen climate research and partnerships. “This is a chance for Europe to step up and work on climate cooperation and agreements,” she notes. “Climate change is an international problem and a real threat, and we need more speed on climate action than we have now.”Matthes believes her fellow scientists need to communicate that climate change is not only a threat, but an opportunity to find solutions. “We need to change our narrative and expand our strategic alliances with those who are willing,” she says, “and luckily there are a lot of willing people and countries.”Science|Business, which connects policymakers, academics and industry through its news reporting, analysis and events, is an SCTT partner.
A deep dive into climate change
Some policymakers continue to question the science of climate change, despite the growing evidence of significant damage to life on land and in the ocean.Katja Matthes, director of the GEOMAR Helmholtz Centre for Ocean Research Kiel in Germany, believes the ongoing attempts to politicise climate science and discredit researchers are hindering international cooperation and public understanding. The ocean provides clear evidence of the extent to which changes are occurring, she says.“We are seeing severe, unprecedented and accelerating changes in the ocean — warming ocean temperatures, acidification and oxygen depletion — that are destabilising the most important system that makes life on this planet possible,” Matthes explains. Visible signs of these changes include the melting of ice sheets in the Arctic and Greenland. Deeper down, the growing frequency of hypoxia — or oxygen-deprived “dead zones”, where marine life can no longer survive — in the Baltic and record-high Mediterranean surface temperatures are indicators of the “dramatic warming” of the ocean, she adds.The ocean, which covers around 70% of the Earth’s surface, acts as a vital carbon sink, absorbing around 30% of the planet’s carbon dioxide (CO2) and 90% of the excess heat. However, the global ocean surface temperature has risen by an average of half a degree Celsius since 1982, according to the EU Copernicus observatory. More significant rises have been recorded in the Mediterranean, Black, Baltic and other shallower seas.Some ocean temperature increases do occur naturally, such as during El Niño events. But sustained rises can trigger extreme weather on land — including droughts, floods and catastrophic storms — while also harming marine ecosystems. Only 10% of marine species have been studied, Matthes notes, “so the consequences might be even more severe than we know.”Fostering European cooperation amid uncertaintyMatthes, who holds a doctorate in meteorology, is a professor of atmospheric physics as well as director of GEOMAR. She serves as one of Kiel’s ambassadors to Science Comes to Town (SCTT), an EU-funded programme that aims to promote science’s role in society and strengthen cross-border collaboration in research, innovation and sustainability. SCTT is hosted by the coastal cities of Kiel, Brest (in France) and Split (in Croatia).The SCTT project also provides a platform for raising awareness and understanding between scientists and the public about major issues, such as climate change. Having worked on both sides of the Atlantic, Matthes is frustrated by recent attempts to erode decades of international climate collaboration and question the credibility of research. Earlier this year, the US administration delivered a major blow to global cooperation by withdrawing from the Intergovernmental Panel on Climate Change (IPCC), the UN Framework Convention on Climate Change and other global climate organisations, claiming they were “contrary to the interests of the United States.”In addition, a US Department of Energy (DOE) report cast doubt on the latest IPCC climate assessment, which was published in 2024. As a contributing author to the IPCC study, Matthes says the DOE sought to discredit scientists like herself. “Climate change is not a matter of opinion, it really exists and we are witnessing dramatic changes,” she notes. “It’s not climate change as a whole that is being targeted, but scientists and their research.”Other US actions have also hit home for Matthes, who spent three years at the US National Center for Atmospheric Research (NCAR) in Boulder, Colorado. The White House has announced plans to close the facility, a move that was “pretty tough” due to the German scientist’s personal connections with the staff and their reputation for excellence.Changing the narrative on climate changeEurope’s scientific community remains a driving force on climate research and collaboration. As one of the world’s leading marine research institutions, GEOMAR attracts students from more than 50 countries and plays an important role in global observation initiatives that contribute to understanding and protecting the ocean basins. At a European level, GEOMAR works closely with other top marine research facilities, including France’s Ifremer, an SCTT partner in Brest. GEOMAR has also developed innovative and safe strategies for removing unexploded wartime munitions from the seabed, which release toxic substances that pose a danger to humans and the marine environment. Through the Horizon Europe MMinE-SwEEPER project, this knowledge has been transferred to the European level.These initiatives are examples of how local action can have a global impact, Matthes says, and how Europe can strengthen climate research and partnerships. “This is a chance for Europe to step up and work on climate cooperation and agreements,” she notes. “Climate change is an international problem and a real threat, and we need more speed on climate action than we have now.”Matthes believes her fellow scientists need to communicate that climate change is not only a threat, but an opportunity to find solutions. “We need to change our narrative and expand our strategic alliances with those who are willing,” she says, “and luckily there are a lot of willing people and countries.”Science|Business, which connects policymakers, academics and industry through its news reporting, analysis and events, is an SCTT partner.
Opinion: Men's health: Prevention starts with knowing your numbers
Making time for regular checkups and preventive care is essential to staying healthy and active for years to come.
Norman Knight: Science fiction birthday twins
Editor’s note: Opinion pieces are solely the opinion of that person and not the Daily Journal.
GPL Column: Make a difference with citizen science
Editor’s note: Opinions expressed by columnists are solely the opinion of that person and not necessarily the Daily Journal.
What Should Science Education Look Like 10 Years From Now? (Opinion)
Science instruction has already had some big changes in the past decade. Where is it going next?
‘The two sides aren’t equal as a general thing’
Opinion, comment and editorials of the day
Trump Threatens Defamation Suit Over National Guard Report, Aiming to Intimidate a Critic
It was the latest example of President Trump’s bid to use the legal system against those who voice unflattering facts and opinions generally protected by the First Amendment.
Women’s Equality Day: Miami women are still breaking barriers
Voting gives women the power to choose their leaders. Running for office gives women the opportunity to become them. | Opinion
Opinion | Walz said ‘follow the science.’ His mining order does the opposite.
"The governor’s executive order throws six years of progress into question without new science, new legislation or the opportunity for a vote by our elected representatives," Dave Lislegard writes.
Opinion | Clancy trial highlights gaps in postpartum mental health care
Women suffer if mental health, substance use conditions go untreated.
Opinion | Boston's racial wealth gap is as glaring as ever
Home and business ownership, and the generational wealth they provide, are the only way out.
Gov. Braun should listen to the science on bobcat hunting quota
Letters to the Editor do not reflect the opinions of The Reporter, its publisher or its staff. You can submit your own Letter to the Editor by email to News@ReadTheReporter.com….
Opinion: Lowering CTs electric bills takes more than political promises
CT should increase the percentage of renewables in our energy mix by switching to more stable, alternative power sources.
Young scientists ask NH candidates for stances on science
Young scientists in NH gather candidate opinions via the SNAP questionnaire on AI, vaccines, and climate change to influence policy.
Governors' races are being increasingly buffeted by the toxic politics of data centers
More governors are shifting their stances or taking more steps to squeeze data centers, as the midterm elections near and public opinion sours on the energy-hungry behemoths
The Trump administration’s false promise of a scientific ‘golden age’
Opinion: The Trump administration’s proposal to shift research funding from universities to corporations may be good for short-term profits but not for groundbreaking scientific breakthroughs.
Government Science Websites Shouldn’t Apologize for Scientists
The job of a government science website is to inform the public about what science has discovered, not to pass judgment on historical figures for their alleged failure to live up to contemporary progressive standards of opinion. Someone should make that distinction clear to the men and women at the National Human Genome Research Institute (NHGRI).
Opinion: The Tijuana River Valley pollution crisis is trapped in politics
San Diego residents will continue to bear the cost.
Opinion: The science that protects our children doesn't take a summer vacation
Connecticut's own biopharmaceutical community has played an important role in advancing vaccine science.
The fake L.A. mayor poll adds to challenges facing the public opinion industry
The fake opinion survey showing Karen Bass with a commanding lead in the L.A. mayoral race comes amid a wave of low-quality polls that have missed the mark in marquee races.
Turns Out, AI Has a Herd Instinct. It's Even More Pronounced in Stronger AIs
AI agents spontaneously follow majority (herd) opinion — and smarter models do this more strongly.
Opinion | Why a merger between the Minneapolis and St. Paul chambers is the wrong direction
"This Thursday, the boards of the Minneapolis Regional Chamber and St. Paul Area Chamber will vote on creating a new regional chamber, paving the way for an eventual merger," Vicki Stute writes.
Governors' races are being increasingly buffeted by the toxic politics of data centers
More governors are shifting their stances or taking more steps to squeeze data centers, as the midterm elections near and public opinion sours on the energy-hungry behemoths
Governors' races are being increasingly buffeted by the toxic politics of data centers
More governors are shifting their stances or taking more steps to squeeze data centers, as the midterm elections near and public opinion sours on the energy-hungry behemoths.
Governors’ races are being increasingly buffeted by the toxic politics of data centers
HARRISBURG, Pa. (AP) — More governors are shifting their stances or taking more steps to squeeze data centers as the midterm elections near and public opinion sours on the energy-hungry behemoths t…
‘The adjustments no longer reflect a change in responsibility’
Opinion, comment and editorials of the day
Opinion | In Clancy case, mental health care system is being put on trial
"The sidelining of the therapeutic alliance reflects a system that has lost its bearings," writes one reader, a longtime psychologist.
WakeMed-Atrium Health hearing draws differing opinions
Skeptics want more clarity on how the price of healthcare will be affected by a merger, whereas supporters believe it will improve care in several ways.
Opinion | Yes, Higher Ed Shapes Students’ Politics. Here’s How.
Different disciplines have different ideological effects.
Everyday Injustice Podcast Episode 337: Marc Bookman Examines the Death Penalty’s Politics, Failures and Enduring Appeal
Marc Bookman, legal director of the Atlantic Center for Capital Representation, recently discussed capital punishment on Episode 337 of 'Everyday Injustice.' Bookman challenged the perception of a national death penalty resurgence, asserting its continued application is increasingly confined to a limited number of states. He also critiqued public opinion polling on capital punishment, specifically a Pew poll, for failing to present alternatives such as life without parole. Additionally, Bookman previewed his forthcoming novel, 'Albert's Time,' which explores the ethical dimensions of capital punishment by confronting the execution of an undeniably guilty individual.
Lincoln petition fraud investigation becomes political
Lincoln City Council and Nebraska’s leading Republican consulting firm clash in the court of public opinion
‘New weather’ changing the nation, defying politics
OPINION — I have never done political consulting. So, it was novel to me when a candidate in the midterms asked me what he should be worried about in 2027. I repeated what Harold Macmillan, British prime minister from 1957 to 1963, is believed to have said, “Events, dear boy, events.”
Opinion: Could the fight for clean water bridge the gap between science and MAHA?
Clean water offers a place to replace polarized rhetoric with cooperation, evidence and measurable results.
Politics: With no end in sight, Iran war draws mixed opinions from tri-state congresspeople
After Vice President J.D. Vance said on Friday that lowering oil prices has become the new goal for the United States in its ongoing war with Iran, oil prices rose
Davies: Board must go
>Continued from front board fit for purpose. The economy and the game in Wales is suffering. It is time now for people to voice their opinions, ex-players, regions, and the clubs and the fans most importantly and say change is needed. “It is up to us to force the changes otherwise this is not going […] The post Davies: Board must go appeared first on The Rugby Paper.
Opinion | Republicans Are Trying to Hide These Health Care Cuts
Republicans are taking deliberate steps to make health care less affordable.
Opinion: Politics may change. Our commitment to New Hampshire’s children does not.
NH pediatricians warn against a recent federal executive order changing vaccination schedules, citing potential risks to public health.
Opinion: Black Atlanta must decide its own political future
Black Atlanta residents built their prosperity through hard work and discipline. The rise of democratic socialism threatens the progress made over several generations.
While the public debates antisemitism in politics, Colorado Jews live the consequences (Opinion)
The op-ed in The Denver Post by Krista Kafer on Sunday began by asking, “What does it mean to be antisemitic?” but never asks a single Jew for an answer.
Court rules against Detroit Axle over Trump tariffs
The U.S. Court of International Trade’s opinion validated the president’s elimination of the “de minimis” tariff exemption for goods valued at $800 or less.
Opinion: After Michigan, Will Pro-Israel Politics Get a Ground Game?
Michigan’s $80 million Democratic U.S. Senate primary demonstrated that money can buy attention, but it cannot create a movement.
Opinion: After Michigan, Will Pro-Israel Politics Get a Ground Game?
Michigan’s $80 million Democratic U.S. Senate primary demonstrated that money can buy attention, but it cannot create a movement.
Opinion: The Science of Reading and Teaching English Learners to Read Are Not Incompatible
For all the noise and attention and — laudable — political energy behind it, the science of reading is not a thing. Or, rather, it is not a thing that schools can implement. The science of reading is ...
Opinion: Cleveland’s enrollment cliff is becoming a talent cliff
"Demography created the enrollment cliff. Immigration policy should not turn it into a talent cliff," attorney Richard T. Herman writes.
Opinion | These A.I. Policies Will Hurt Our Business. We Should Do Them Anyway.
The risks posed by A.I. are too great to forgo any regulation, even for those who stand to gain tremendously from the technology’s rise.
Opinion: Include San Antonio FC in sports and entertainment district
A reader says not to forget San Antonio FC. The soccer club should be included in the city’s plans for a sports and entertainment district.
Llewellyn King: 'New weather' will define life, politics (Opinion)
I have never done political consulting. So it was novel to me when a candidate in the midterms asked me what he should be worried about in 2027. I repeated
The cruelty of turning Jewish children’s pain into political theater (Opinion)
Parents are justifiably frustrated that it took this long for the Boulder Valley School District to address antisemitism in schools. But Superintendent Anderson has acknowledged the problem and proposed concrete action. The district now has…
‘The Rivals of Amziah King’ Review: There’s No Business Like Bee Business
Matthew McConaughey stars as an Oklahoma honeymaker in a perplexing film that also features Kurt Russell and Angelina LookingGlass.
The new Instagram logo is the perfect embodiment of AI slop
Opinion: Some remarks about the new wordmark accidentally being perfectly awful.
Opinion | Expand training programs for entry-level health care jobs
Hospitals need workers, but colleges can’t accept enough students
Opinion | When Politics Becomes a Substitute for Faith
The enemy of socialism isn’t capitalism, it is God.
Opinion: AI isn’t the business
AI will transform how businesses operate without replacing what makes them valuable.
Science can help kids build Kansas City’s economic future
The Curiosity Cube interactive mobile lab teaches children about the growing need for STEM careers. | Opinion
Opinion | One Senate committee chases Dr. Fauci while another takes aim again at Steward’s elusive Ralph de la Torre
One Senate committee chases Dr. Anthony Fauci while another takes aim again at Steward’s elusive Ralph de la Torre.
Artificial intelligence gets smarter in the lead-up to midterms
AI-generated images aren’t the only way artificial intelligence is influencing our elections and public opinion.
Opinion: Illinois can’t wait until families are in crisis to invest in them
A state that waits for families to collapse will keep paying a premium for preventable crises.
Opinion: CT students write on today's primaries
Are today's politics too nasty in nature to allow for discussion about them in school?
Opinion | Haims: Science is closing in on why we age
For nearly all of human history, aging has been accepted as something that simply happens. Bodies ware down, organs falter and the only reasonable response is to endure it with as much grace as one...
Opinion |Boston homeowners aren’t overtaxed. So why raise taxes on businesses?
New data show Boston homeowners are already among the least-taxed in the country, while businesses carry a disproportionate share of the city’s property tax burden.
Opinion | How We Talk About Mental Health Challenges
The National Alliance on Mental Illness responds to an Opinion guest essay. Also: President Trump’s arch; a retreat on vaccines; Mr. Trump and Canada.
Opinion: Chicago needs a governing budget, not a campaign budget
Chicago is about to begin one of its most consequential budget seasons in years. The challenge isn’t simply the size of the deficit. It’s that the people making the decisions are entering budget season with very different incentives.
Opinion | The White House hopes AI replaces a lot of researchers
Basic scientific research gave the nation its technological edge. But the Trump administration is skeptical of the universities that do it.
Opinion | When political rhetoric clashes with the social worker’s ethics code
Those in the mental health community and adjacent to it must face what’s happening right now to our colleagues and clients, writes a regional leader of the national association of social workers.
OPINION: New Jersey liquor law reforms boost breweries, business
Opinion: New Jersey's new liquor law reforms expand opportunities for breweries, reuse inactive licenses and support business growth.
OPINION: Business formation fee cuts spur entrepreneurship
Opinion: New Jersey cut business formation fees to encourage entrepreneurship and make it easier for startups to launch and stay compliant.
NBA Analyst's Joel Embiid Claim Completely Misses the Mark
Max Kellerman has shared some very strong opinions on the 76ers. It's tough to say there is no team willing to trade for an All-Star center.
Our Opinion: Don’t delay studies of health, environmental impact of data centers
In so many ways, it was the opposite of just about everything one might expect from a public meeting these days. An overflow crowd of residents jammed into the Lackawanna County Commissioners’ meeting room in Scranton on Wednesday,…
Opinion: The Politics Of Possibility - Why The 97th District Needs Wildaliz Bermúdez
New Havener Kyle Gonzalez weighs in on an east-side state rep race.
Nick and Brou think this is an unacceptable opinion 👀
Nick and Brou think this is an unacceptable opinion 👀
Gerald Winegrad: The Trump administration’s unprecedented attacks on science
Opinion: Donald Trump’s second term has been the worst period in our nation’s history for the advancement of science and its use in governance, writes Gerald Winegrad.
Business Restructuring Review Vol. 25 No. 4 July-August 2026
In This Issue New York Bankruptcy Court: Premature Allegations of Creditor Mistreatment Insufficient to Deny Chapter 15 Recognition of Foreign Restructuring Proceeding In In re ARD Finance, S.A., No. 25-12794 (MG), 2026 WL 817458 (Bankr. S.D.N.Y. Mar. 25, 2026), the U.S. Bankruptcy Court for the Southern District of New York was presented with a petition seeking chapter 15 recognition of Luxembourg's recently enacted bankruptcy law governing judicial reorganization proceedings. The court granted the petition, turning aside challenges to recognition voiced by a creditor group arguing that recognition should be denied based upon allegations of unfairness to creditors in the Luxembourg proceeding that would make recognition manifestly contrary to U.S. public policy. According to the bankruptcy court, recognition was warranted because: (i) the rules and procedures governing the proceeding under Luxembourg law were fundamentally fair; (ii) the petition otherwise satisfied chapter 15's recognition requirements; and (iii) the creditor group's allegations were premature, given the fact that the Luxembourg court presiding over the debtor's restructuring proceeding had not confirmed a restructuring plan, and all creditors had the right to participate fully and voice their objections in the proceeding (including the right to appeal an order approving a plan). [read more …] Florida Bankruptcy Court Examines Scope of Discovery in Chapter 15 Cases In In re Banco Master, S.A., No. 25-24568-SMG, 2026 WL 931729 (Bankr. S.D. Fla. Apr. 6, 2026), the U.S. Bankruptcy Court for the Southern District of Florida granted in part and denied in part post-recognition motions filed by an insider of a foreign debtor seeking to bar or limit discovery sought by the debtor's foreign representative concerning allegedly voidable transfers involving the debtors' U.S. real property. According to the court: (i) although chapter 15 includes its own discovery provisions among the relief that may be granted to a foreign representative, the expansive discovery available in cases under other chapters of the Bankruptcy Code is also available in chapter 15 cases; (ii) the discovery sought by the foreign representative was permissible; (iii) discovery regarding matters that were the subject of a pending adversary proceeding had to be undertaken under the more restrictive rules applicable to such proceedings; and (iv) a discovery request would be barred to the extent that it sought production of documents or testimony from a subpoenaed entity that exceeded the geographic limitations specified in such rules. [read more …] Delaware District Court Affirms Chapter 15 Recognition Order Enforcing Nonconsensual Third-Party Releases In U.S. Int'l Dev. Fin. Corp. v. Credito Real S.A.B. de C.V. SOFOM, E.N.R. (In re Credito Real S.A.B. de C.V. SOFOM, E.N.R.), 677 B.R. 192 (D. Del. 2026), appeal filed, No. 26-2356 (3d Cir. June 5, 2026), the U.S. District Court for the District of Delaware affirmed a bankruptcy court order granting chapter 15 recognition to a Mexican "concurso mercantile" proceeding and enforcing nonconsensual third-party releases approved by the Mexican court. Agreeing with the bankruptcy court that the releases were not manifestly contrary to U.S. public policy, the district court concluded: "It is well settled that U.S. bankruptcy courts can give effect to foreign orders in recognized foreign proceedings pursuant to the authority granted in Chapter 15, even when those orders contain relief unavailable under U.S. law. [The appellant's] arguments misconstrue the Supreme Court's narrow holding in Purdue, applicable in Chapter 11 cases, as well as the statutory framework of Chapter 15 and its core policy objectives. Accordingly, I will affirm the Enforcement Order." The ruling has been appealed to the U.S. Court of Appeals for the Third Circuit. [read more …] Fifth Circuit: Bankruptcy Court, Not State Court, Had Jurisdiction to Allow or Disallow Administrative Expense Claim In Storey Minerals Ltd. v. EP Energy E&P Co., LP (Matter of EP Energy E&P Co., LP), 169 F.4th 609 (5th Cir. 2026), the U.S. Court of Appeals for the Fifth Circuit affirmed lower courts' rulings disallowing a creditor's administrative expense claim. It also rejected the creditor's argument that, because the claims were predicated on state law, a state court should adjudicate the merits of the state law causes of action before the bankruptcy court could allow or disallow the claim as an administrative expense. According to the Fifth Circuit, even though the causes of action were based on state law, the bankruptcy court had jurisdiction to determine whether the creditor's claims should be conferred with administrative expense priority in the debtors' chapter 11 case. [read more …] New York Bankruptcy Court: Dismissal of Involuntary Chapter 11 Case Filed Prior to Commencement of Foreign Restructuring Proceeding Unwarranted In In re Xinyuan Real Estate Co. Ltd., No. 25-10745 (PB), 2026 WL 592250 (Bankr. S.D.N.Y. Mar. 3. 2026), the U.S. Bankruptcy Court for the Southern District of New York considered the bona fides of an involuntary chapter 11 petition filed by certain holders of U.S. dollar-denominated notes against a holding company for a group of Chinese property development companies that filed a restructuring proceeding in the Cayman Islands after the noteholders filed the involuntary chapter 11 petition. The court denied the debtor's motion to dismiss the chapter 11 case. Given the timing of the filing of the Cayman Islands restructuring proceeding, the absence of any progress in the proceeding for seven months, the debtor's need to restructure notes governed by U.S. law, and the debtor's lack of any meaningful contacts to the Cayman Islands, dismissal of the chapter 11 case was unwarranted under the applicable provision of the Bankruptcy Code, international comity, or the doctrine of forum non conveniens. [read more …] Bankruptcy Court Evaluates Trustee's Authority to Sell Avoidance Actions and Right of Target Defendants to Object In In re Law Enf't Officers Sec. Union, No. 24-70277-JAD, 2026 WL 560452 (Bankr. W.D. Pa. Feb. 27, 2026), a chapter 7 trustee sought court approval to sell certain avoidance actions to a creditor of the debtor's estate. Potential targets of the subject avoidance actions objected, arguing that such claims were nontransferable powers of the trustee rather than saleable estate property and urging the court to approve their competing settlement with the trustee. The U.S. Bankruptcy Court for the Western District of Pennsylvania disagreed with the potential defendants, holding that they lacked standing to object to the proposed sale, that avoidance actions are indeed estate property, and that the sale—rather than the settlement—best served the estate's interests. [read more …] U.S. Supreme Court Bankruptcy Roundup in Brief In Keathley v. Buddy Ayers Construction Inc., No. 25-6, 2026 WL 1686028 (U.S. June 11, 2026), the U.S. Supreme Court overturned a Fifth Circuit decision judicially estopping a chapter 13 debtor from asserting a personal injury claim against a construction company because the debtor failed to disclose the claim during his bankruptcy case. In so ruling, the Court held that "[t]he Fifth Circuit erred by artificially narrowing its inquiry to whether the debtor had knowledge of the underlying facts or a potential motive to conceal the claim." It represents the first time that the Court has applied judicial estoppel in the bankruptcy context, although it has suggested in other contexts that it may be inappropriate where an inconsistent legal position resulted from "inadvertence or mistake." Also in June, the Court denied petitions for certiorari in a few notable bankruptcy cases. [read more …] Newsworthy Heather Lennox (Cleveland/New York) (Star Individual), Bruce Bennett (Los Angeles) (Senior Statesperson), Kevyn D. Orr (Washington) (Eminent Practitioner), Gregory M. Gordon (Dallas) (Band 1), Carl E. Black (Cleveland), Corinne Ball (New York) (Senior Statesperson), Brad B. Erens (Chicago), Jeffrey B. Ellman (Atlanta), T. Daniel Reynolds (Cleveland), and Dan T. Moss (Washington/New York) were recognized as leading lawyers in the practice area Bankruptcy/Restructuring in the 2026 edition of Chambers USA: The World's Leading Lawyers for Business. The 2026 edition of Lawdragon 500 Leading Bankruptcy and Restructuring Lawyers ranked the following lawyers: Corinne Ball (New York) (Hall of Fame), Bruce Bennett (Los Angeles), Carl E. Black (Cleveland), Jeffrey B. Ellman (Atlanta), Brad B. Erens (Chicago), Gregory M. Gordon (Dallas), Heather Lennox (Cleveland/New York), Joshua M. Mester (Los Angeles), and Kevyn D. Orr (Washington). Fabienne Beuzit (Paris) and Jasper Berkenbosch (Amsterdam) were among the "Leading Individuals" ranked in the 2026 edition of The Legal 500 EMEA guide in the field of Restructuring and Insolvency or Insolvency. Rodolphe Carrière (Paris) was named a "Next Generation Partner" in the practice area Insolvency. Sid Pepels (Amsterdam) was selected by Global Restructuring Review's 40 under 40 2026. He was identified as a Rising Star within the global cross-border restructuring community. Global Restructuring Review is a leading digital subscription service, news outlet, and information platform dedicated exclusively to cross-border insolvency and corporate restructuring law. Fabienne Beuzit (Paris), Rodolphe Carrière (Paris), and Isabelle Maury (Paris) were recognized in the 2027 edition of The Best Lawyers in France™ in the practice area Insolvency and Reorganization Law. An article written by Corinne Ball (New York) titled "Comity and Fairness are Critical to Granting Additional Assistance under Chapter 15: A Canadian Reverse Vesting Order and Related Releases in Proceedings Involving Canadian and U.S.-Affiliated Companies Are Approved" was published in the June 24, 2026, edition of the New York Law Journal. An article written by Caitlin K. Cahow (Detroit) titled "New York Bankruptcy Court Weighs In on Adequate Assurance of Future Performance under Assigned Leases and Chapter 11 Plan Exculpation Provisions" was published on June 8, 2026, in Lexis Practical Guidance. An article written by Trisha L. Mowbray (Real Estate; Chicago) and Ryan Sims (Washington) titled "Chapter 11 Plan that Abridged Non-Debtor Lessee's Rights to Remain in Possession After Rejection Unconfirmable as Having Been Proposed in Bad Faith" was published on June 16, 2026, in the Harvard Law School Bankruptcy Roundtable. An article written by Dan T. Moss (Washington/New York), Corinne Ball (New York), Isel M. Perez (Miami), and David S. Torborg (Washington) titled "Texas Bankruptcy Court Adopts Barnet Rule Requiring Foreign Debtor to Have U.S. Assets to Be Eligible for Chapter 15 Relief" was published on June 10, 2026, in Lexis Practical Guidance. An article written by Daniel J. Merrett (Atlanta) and Nathaniel Parr (Atlanta) titled "Southern District of Texas Clarifies Post-Purdue Course for Consensual Third-Party Releases and Gatekeeping Provisions" was published on June 11, 2026, in Lexis Practical Guidance. An article written by Corinne Ball (New York) titled "LMEs, Sophisticated Investors and Equitable Mootness: The Fifth and Third Circuits Warn Against Testing the Limits of Chapter 11" was published in the June 2026 issue of the American Bankruptcy Institute Journal. Nicholas J. Morin (New York) was quoted in an article titled "Serta Ruling Offers Damages Road Map in Lender-on-Lender Disputes," published by Bloomberg Law on July 7, 2026. The article discussed U.S. Bankruptcy Judge Christopher Lopez's July 7, 2026, ruling that participating lenders in Serta Simmons Bedding's 2020 non-pro rata uptier exchange breached the credit agreement's ratable-sharing provision, and awarding excluded lenders more than $261 million in damages. The opinion resolves six years of litigation related to Serta's 2020 transaction, where it raised $200 million in new financing and exchanged $1.2 billion of term loans for $875 million in superpriority debt. Judge Lopez found that the debt-for-debt exchange constituted a "payment" under the credit agreement, requiring proportional sharing among lenders, and dismissed various defenses raised by the participating lenders. The case is Serta Simmons Bedding LLC v. AG Centre Street Partnership (In re Serta Simmons Bedding LLC), 2026 WL 1968535 (Bankr. S.D. Tex. Jul. 7, 2026). The New York Law Journal has recognized Andrew M. Butler (New York) as a 2026 "Rising Star" in Restructuring/Bankruptcy as part of the New York Legal Awards. The Rising Star category recognizes New York's most promising lawyers age 40 and under who have distinguished themselves through exceptional legal work, leadership, and contributions to the profession. Lawyer Spotlight: Daniel J. Merrett Dan Merrett, a partner in the Atlanta Office, has spent nearly 20 years representing all manner of stakeholders in complex corporate restructurings and chapter 11 reorganizations. His practice extends to related transactions and disputes involving acquisitions; divestitures; credit facilities; securities; environmental obligations; and vendor, employee, and governance matters. Dan has substantial experience managing mass tort liabilities, including the restructurings and related chapter 11 cases of affiliates of Georgia Pacific and Johnson & Johnson, implemented to resolve asbestos and talc liabilities. He also represents key parties in energy and infrastructure matters, including facility owners, EPC contractors, and joint-venture parties. Dan was a key player in the restructuring teams in the historic bankruptcies of the City of Detroit and Chrysler. His other significant representations in chapter 11 cases include AFA Foods, Alpha Natural Resources, Dana Corporation, M&G Chemicals, McDermott International, Monster/CareerBuilder, Transtar Industries, and Westinghouse. He is licensed in both the United States and England & Wales and recognized in restructuring by Chambers USA and Best Lawyers.
Opinion | College Is More Political Than Ever. But in a New, Insidious Way.
Students are self-segregating by ideology.
Opinion | A political debate that was actually civil
Democratic candidates for the Sixth District offered a glimpse of what politics can be: civil, substantive, and focused on the problems voters actually care about.
Colorado must continue finding common ground on wildfire policy
By John Herrick Colorado has never lacked for opinions about wildfire policy. We debate forest management, climate change, prescribed burns, land use, air quality and budgets. Those debates are familiar territory, but a new discussion is beginning to happen around the use of chemical retardant in aerial firefighting. Before I became an attorney and served […]
Opinion: As a new school year begins, let's put children's mental health first
The need to pay attention to our children's emotional well-being has never been greater.
‘There can be kernels of truth in crude stereotypes’
Opinion, comment and editorials of the day
Smart people in tech and business react to Google's AI restructuring
Opinions diverge on what it means for DeepMind's future as Google overhauls its AI leadership.
Donald Trump and the Rise of Parasocial Politics
As technology has brought us closer to our politicians, it has simultaneously tricked us into believing we have a real relationship with them.
Opinion | Trump’s NSF cuts would undercut gold standard science
Trump says he wants better science, but his NSF budget would weaken reform.
Judges May Remain in Text Message Chains With Friends in Politics If They Refrain From Political Discussion: Judicial Ethics Opinion 26-06
A judge may remain in a text message chain with personal friends, even when some of those friends are also local political leaders. The judge must exercise caution to avoid political activity and otherwise comply with the Rules Governing Judicial Conduct.
‘People seem to still find a sense of stability’
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Opinion | David Ellison: In Defense of the Paramount-Warner Deal
The issue is whether I can be trusted as a steward of CNN
Opinion: Separate political truths from lies. Democracy depends on it
Despite the deluge of lies we’re exposed to every day, please don’t give up on seeking, finding, and acting on the truth. Here are some techiniques.
Opinion: Why diversity still matters in business
I view stewardship as protecting what matters most: our people, our culture, our communities and the principles that have allowed an independent company to thrive for more than a century and a half.
Debt Digest | Federal Debt is a Health Care Problem
Welcome David Ditch to the Debt Dispatch! We are pleased to announce a new regular contributor: David Ditch will be joining the Cato Institute as a Policy Analyst for Budget and Entitlement Policy later this week. David has more than a decade of experience in fiscal policy issues, with a particular focus on federal spending. He previously worked at the Senate Budget Committee, the Heritage Foundation, and the Economic Policy Innovation Center. David’s areas of expertise include appropriations, transportation, agriculture, federalism, grantmaking, and policy options for deficit reduction. Originally from the Rochester, N.Y. area, David has a BA in Economics and Political Science from the University of Rochester and a MA in Political Management from George Washington University. David currently lives in Arlington, VA. You may have enjoyed his earlier guest posts: CBO: New Highway Bill Has More Spending, Taxes, and Deficits Trump Administration’s Proposed Changes to Federal Grants Highlight Problems of Big Government Here are this week’s reading links and fiscal facts: The federal debt is largely a health care problem. In a new report, the Congressional Budget Office and Joint Committee on Taxation find that “In 2026, federal subsidies for health insurance, net of related payments to the government, are projected to equal $2.4 trillion, or 7.4 percent of gross domestic product (GDP). In CBO and JCT’s projections, those subsidies grow by 65 percent, reaching $3.9 trillion, or 8.4 percent of GDP, in 2036. Subsidies for Medicare contribute most to that overall growth, increasing by $900 billion. Over the entire 2026–2036 period, federal subsidies for health insurance total $33.6 trillion.” Cato’s Michael Cannon emphasizes, “The long-term federal debt problem is a health care problem. […] Only two categories of federal outlays will grow faster than gross domestic product (GDP): health care subsidies and interest payments on the debt. The former is, therefore, the primary driver of the latter.” The bond market fears deficits, not the loss of tariff revenue. Responding to a New York Times essay claiming tariff revenue has grown too important for a future administration to unwind, Cato’s Kyle Handley argues: “Bond investors are not attached to customs duties as a line item revenue source. They care about the government’s overall fiscal position.” He continues, “tariff revenue is a side hustle. And the Trump administration has already promised to dole out the funds through schemes like tariff dividend rebates, farm subsidies, and pay-fors on tax cuts or other spending.” Furthermore, “tariff revenue is simply not large enough to transform the government’s fiscal trajectory.” Take net interest for example: it “reached $970 billion in fiscal year 2025, absorbing 18.5 percent of federal receipts. Customs duties accounted for only 3.7 percent of receipts—and that was before refunds (see Figure 2).” Handley concludes, “The real bond-market concern is a large and growing interest bill, persistent budget deficits, and a political system unwilling to bring spending and revenue into alignment.” Medicare’s spending growth is driven by more volume and utilization. A Congressional Research Service report finds that Medicare spending “grew at an average annual rate of 7.3%” from 1985 through 2025, and the trustees project health care expenditures will keep rising “faster than gross domestic product (GDP) in most future years.” Citing CBO, the report attributes Medicare’s projected 2026–2036 spending growth to “23% from higher enrollment, 31% from inflation, and 47% from the growth of inflation-adjusted spending per beneficiary. In other words**, the largest single driver of Medicare spending growth during the next decade is expected to be higher volume and intensity of health care services.”** Boccia and Thakur explain: “as the economy grows, Medicare spending tends to grow at least as fast—and often faster—because the program automatically pays the bill for more and more healthcare consumption by seniors, even as prices rise.” The Fed has little control over market interest rates. Cato’s Jai Kedia documents that the Fed has held its rate target steady since December, yet “nearly every rate Americans actually borrow at has climbed over the same stretch.” Kedia continues, “The Fed did nothing, and the cost of credit went up anyway. […] Markets spent these months repricing macroeconomic events such as sticky core inflation, a volatile energy market driven by the conflict in the Middle East, and global trade disrupted by tariffs, among others. None of that required a policy change to show up in borrowing costs because markets, not the FOMC, set prices.” He concludes, “Accurately priced borrowing rates will come from credible disinflation and disciplined budgets and from a Fed content to follow the economy rather than pretend it leads it.” Nearly half of US farm income comes from taxpayers. Former Reagan OMB director David Stockman notes that “in the most recently completed full year (FY 2025) farmer incomes in the US totaled $97.8 billion, but fully 42.7% or $41.8 billion of that amount came from taxpayers, not the marketplace. Nor is this some kind of one-year aberration. If we look at the most recent decade as a whole, total farm income posted at nearly $708 billion, but, as indicated, fully $322 billion or 45% of this came compliments of US taxpayers.” Cato’s Chris Edwards explains why so little of that income is market-earned: “Farmers are businesspeople, but the government shields them from just about every type of weather and market risk. Furthermore, just about every part of the agricultural industry is subsidized, including insurance, loans, marketing, research, export sales, and land improvements.” The Debt Dispatch is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Subscribe