No, I’m not dead yet — hardly had a moment to myself in the last week or so of work travel, and when I did, I was overwhelmed by all the stuff worth commenting on.
(a) This is a brilliant column by Roger Kimball. https://amgreatness.com/2026/08/30/sciolistic-and-treadless-the-democrats-rough-2026/ “Treadless” refers to the Dhimmicrats not getting any traction on anything, and now Trump’s Venezuela oil deal taking away even expensive gasoline prices. The somewhat rare word “sciolistic” (freely: “having only superficial knowledge about a subject yet loudly pretending to be an expert”) was used by Treasury Secretary Scott Bessent when schooling Senator Fauxcahontas Lieawatha about foreign currency.
President Trump just announced the Mother of All Oil Deals with Venezuela, the country he liberated from its narco Chinese puppet Nicolás Maduro at the beginning of 2026. […] This is good—nay, great, which is to say GREAT—news for America and ordinary Americans (if any Americans can be said to be “ordinary”). It is bad news for Democrats. Why? Hearken to what President Trump said. The deal not only “greatly increases our Oil Supply,” it will also “substantially lower Gas Prices for all Americans, long into the future.” […] Suffering from an acute, and possibly terminal, case of Trump Derangement Syndrome, the Democrats have been assiduous in shredding their credibility since the 2024 election. To an extraordinary extent, they have thrown their lot in with all the many varieties of America haters, from the so-called Democratic Socialists of America to the mouth-frothing, Sharia-law-spouting lunatics who want to turn the United States into another Muslim hellhole.
The Trump administration has been on a tear since noon on January 20, 2025. The border. Energy. Foreign policy. The economy. The toxin of so-called “DEI”—i.e., invidious discrimination masquerading as higher virtue. The weaponization of “gender dysphoria.” The administrative state and its chief export: stifling over-regulation whose only real purpose is to employ regulators and stymie innovation. Anti-semitism on college campuses and sundry municipalities. On all those fronts and more, Trump 2.0 has been like a whirlwind, aiding the good, hindering the bad. It has made the Democrats punch drunk. Their tires are treadless. Wherever they touch reality, they spin out. They can’t get traction. President Trump revitalizes American manufacturing. How can the Democrats be against that? Because—turn the amp up to 11—TRUMP! President Trump tackles rising anti-Semitism at elite universities. What can the Democrats say about that? The best they have come up with is Rep. Jamie Raskin’s pathetic effort to say that the Trump administration is using anti-semitism as a “pretext” to punish or “retaliate” against those noble repositories of “progressive” fatuousness, elite universities.
No, the Democrats open their cupboards and find them nearly bare. Just about the only issue they managed to salvage was “affordability.” The United States has pulverized the Iranian military and is in the process of strangling it economically. A temporary side effect is slightly higher gas prices, which means higher prices for many consumer items. “Please, please, please let the prices stay high,” the Democrats beg as the midterm elections heave into view.
As I write, most polls say that the Democrats are likely to win back the House and possibly the Senate in November. I have never thought that likely. As for the polls, remember what those fake partisan megaphones said about Francesca Hong and Karen Bass. But now that President Trump has put the United States in charge of Venezuela’s huge petroleum reserves, gas prices will plummet and the Democrats will wave their magic wand of “affordability” only to discover that the magic is gone.
Read the whole thing. And don’t miss Bessent’s letter quoted there:
“I am in receipt of your August 13 letter, which unfortunately reveals that you know even less about foreign exchange markets than you do about banking. Terrifyingly, the opening paragraph is wrong about where the money came, what the transaction was, and whether there was even a borrower. What is equally shocking, but not surprising: not a single member of your media mob has a rudimentary-enough level of financial market literacy to spot your remedial error.
Treasury exchanged existing Exchange Stabilization Fund foreign-currency assets for yen. No new congressional appropriation was involved, and no credit was extended to Japan. Japan owes Treasury nothing. There is therefore no risk that Japan will fail to repay a debt that does not exist.
You state that it is “not clear” how preventing disorder in Japan benefits the United States. As your letter notes, Japan is a major holder of U.S. Treasuries. It is also a critical trading partner and a treaty ally. Disorderly yen markets can trigger forced unwinds, which could destabilize global markets and ultimately raise borrowing costs for American families and businesses. For a fuller explanation, I recommend any entry-level course in international finance for you and your staff, or I can give you a tutorial on Foreign Exchange for Dummies.
(b) A small detail about Prohibition that I learned from the Markets of the Past channel (which contains loads of AI imagery but is quite well scripted): prior to 1913, taxes on alcohol represented almost 40% of federal revenue, the remainder being mostly import duties. Only because the 16th Amendment (1913) created a federal income tax for the first time did Prohibition even become a viable preposition, and an motley coalition of Christian temperance activists, women’s rights groups (when this actually meant something), Progressives (when they actually stood for progress), industrialists like Henry Ford worried about absenteeism and accidents caused by drunkenness on the shop floor, and even ghouls like the KKK were able to advance their cause. Anti-German sentiment during WW I, and the mostly German-American ownership of the major breweries, did the rest.
Of course, as is well known, the unintended consequences of the 18th Amendment (Prohibition) soon proved disastrous, and ultimately it became the only constitutional Amendment in US history to be undone by, of course, another Amendment (the 21st).
(c) What can I say about “feminist icon” Kathy Hochul appearing in a hijab? (Other than Arbel’s Law, of course: “the trouble with fighting stereotypes is that some are hell-bent on affirming them”.) Ironically, Margaret Atwood’s “The Handmaid’s Tale”, which so many fauxminists love cosplaying, was actually directly inspired by the Khomeinist revolution in Iran — just transposed to a more western context.
(d) the Game of Thrones tagline of course just writes itself. Bibi now seems to be seriously worried by a new political challenge, this time from the hard right: Major-General Ofer Winter and his new Amkha Yisrael (literally: “your people, Israel”, idiomatically: “the common people of Israel”) party, which is polled to win six seats, mostly from disaffected Likud and Religious Zionism voters. Winter makes no secret of wanting to see Bibi gone (to be fair, Bibi is the longest-serving Prime Minister of any democracy since the UK’s Robert Walpole in the 18th century!)[*] and is willing to sit in a cabinet with the anti-Netanyahu coalition around former IDF Chief-Of-Staff Gadi Eisenkot — and this would push it over the magical 61-MKs threshold without including any Arab or chareidi [“Ultra-Orthodox”] parties.
ADDENDUM: via Sarah Hoyt: “red diaper babies” remember their Communist upbringing as “all the worst features of Church, without any of the redeeming ones” https://markatwood.substack.com/p/all-the-worst-features-of-church A really good read.
And:

ADDENDUM 2: Arab party Ra`am (acronym for United Arab List) joined by Jewish top cop, makes fighting rampant violent crime in the Arab sector is top priority. https://www.timesofisrael.com/liveblog_entry/in-historic-step-segalovitz-to-run-with-arab-raam-party/ This move is widely seen as an attempt to make the moderate Islamist party koalitionsfähig (it already was part of Naftali Bnnett’s COVID-era cabinet, thought that was prior to the October 7 pogrom) and giving Eisenkot additional options for assembling an anti-Bibi coalition.
[*] if one includes quasi-democracies, Otto von Bismarck‘s almost-30 year tenure as Kanzler Prussia, then the North German Confederation, then the 2nd German Reich, would be the longest.







