Fresh from his attempt to convince the American people that the election of 2020, yes, that one, was rigged, fearless leader was up early to attack another whipping boy, our neighbor to the north.
Donald Trump threatened to impose additional tariffs on Canada, accusing the country’s government of “willful negligence” in its handling of massive wildfires that have wafted heavy smoke and worsened air quality in parts of the Midwest and East Coast.
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“The Second Day of July 1776, will be the most memorable Epocha, in the History of America. I am apt to believe that it will be celebrated, by succeeding Generations, as the great anniversary Festival. It ought to be commemorated, as the Day of Deliverance by solemn Acts of Devotion to God Almighty. It ought to be solemnized with Pomp and Parade, with Shews, Games, Sports, Guns, Bells, Bonfires and Illuminations from one End of this Continent to the other from this Time forward forever more.”
John Adams, Letter to Abigail Adams, July 3, 1776
John Adams, by far the most prescient of the founders, described Independence Day in this letter sent to his wife Abigail on July 3rd, 1776. He got most of it right.
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The poem on the pedestal of the Statue of Liberty in New York Harbor is a sonnet titled “The New Colossus,” written by American poet Emma Lazarus in 1883. Its famous lines, “Give me your tired, your poor, / Your huddled masses yearning to breathe free” transformed the statue from a monument of generic liberty into a worldwide symbol of immigration, refuge, and hope.
Lady Liberty was the first thing millions of immigrants saw as they arrived in the New World. “Her name,” the poem declares, is “Mother of Exiles. From her beacon-hand Glows world-wide welcome.”
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The economy, the war, the arch, the east wing, all of these controversies swirling around Washington these days seem to pale when compared to the saga of the Lincoln Memorial Reflecting Pool. The pool recently underwent a $14 million repainting project ordered by Donald Trump. However, within two weeks of refilling, the pool developed severe algae blooms that turned the water green, and its new blue paint began peeling in large chunks.
Trump insisted that the bottom of the pool be repainted “American flag blue” and that the work be completed well before the nation’s 250 birthday celebration on the Fourth of July. But the repainting did not address the well-known problems with the pool, which is more than one hundred years old.
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I have not held back on my feelings for Elon Musk. But his persona and his work for the Trump administration notwithstanding, I will concede that he is the greatest marketer since P. T. Barnum. Barnum was a 19th century showman, self-made entrepreneur, and co-founder of the Barnum & Bailey Circus. He is often credited for coining the phrase, “There’s a sucker born every minute” although there is no evidence that he actually said it. Elon Mush might have been able to sell shares in his company, SpaceX (Ticker: SPCX), to Barnum. He did manage to sell shares to millions of retail investors.
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We think Donald Trump‘s name has been removed from the John F. Kennedy Center for the Performing Arts. At least, that what Trump’s handpicked board of directors told the District Court for the District of Columbia in a filing on Saturday. The removal had been ordered by the court two weeks earlier in a decision enforcing the Center’s original statutory name.
Trump’s name was added in December 2025 after he replaced the Kennedy Center’s leadership and the new board voted to rename the institution. The court found this action illegal, ruling that the board cannot unilaterally change the name of a national memorial.
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Go ahead. Tell me the higher prices we see staring back at us every day at the grocery store and the gas pump are just a temporary thing. I dare you.
The latest inflation report shows that price pressures heated up again in May, with the Consumer Price Index rising 0.5% month‑over‑month and 4.2% year‑over‑year, the highest annual rate since April 2023. That 4.2% figure matched economists’ expectations, but it still marks a clear acceleration from April’s 3.8% pace. The monthly increase was driven heavily by energy costs, which jumped 3.9% in May and are up 23.5% over the past year, reflecting the ongoing impact of the Iran conflict on global oil markets. Gasoline alone surged 7% in May and more than 40% compared with a year ago, accounting for the majority of the overall CPI increase.
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