- George Soros gave $6 million to a Hillary Clinton super PAC last month.
The Koch brothers are prepared to start spending money to oppose Donald Trump if he leaves New Hampshire with a strong lead.
The Heritage Foundation’s 2016 Index of Economic Freedom places the U.S. 11th in the world. The U.S. ranked 6th when President Obama took office.
Secretary of Agriculture Tom Vilsack is the only member of President Obama’s original cabinet who’s still in office. Robert Bryce writes that Vilsack has spent his time advancing the cause of ethanol despite evidence that ethanol imposes huge costs on the economy:
As I showed last year in a report for the Manhattan Institute, the ethanol mandates are now imposing $10 billion in additional fuel costs annually on U.S. motorists, over and above what they would have paid for gasoline alone. That means that each of the 212 million licensed drivers in the United States are paying about $47 per year in excess fuel costs.
And ethanol produces more greenhouse gas emissions than regular gasoline:
In August, John DeCicco, a research professor at the University of Michigan’s Energy Institute who has been studying automobile fuels for more than two decades, found that greenhouse gas emissions from corn ethanol are up to 70 percent higher than those from standard gasoline.
- Combat testing of the F–35 is delayed until August 2018 due to software development problems. More than 500 of the planes are scheduled to be delivered by that time, which is an extraordinary situation for the U.S. to be in.
Joel Kotkin writes on California’s new feudalism:
Once the beacon of opportunity, California is becoming a graveyard for middle-class aspiration, particularly among the young. In a recent survey of states where “the middle class is dying,” based on earning trajectories for middle-income cohorts, Business Insider ranked California first, with shrinking middle-class earnings and the third-highest proportion of wealth concentrated in the top 20 percent of residents.
An Obama administration representative, Brett McGurk, visited Kurdish-controlled areas in northern Syria over the weekend.