U.S. businesses are experiencing a surge in bankruptcies, reaching levels not seen since 2010. Data indicates that at least 717 companies filed for bankruptcy through November 2025, a 14% increase from the previous year. Factors contributing to the rise include inflation, interest rates, and the trade policies of the Trump administration, particularly impacting the industrial sector. The increased bankruptcies add to concerns about the economic impact of Trump’s policies.
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Russell Vought, a prominent figure in the Trump administration, mirrors the persona of Charles Colson, a similarly partisan figure from the Nixon era. Like Colson, Vought embraces a dual identity, publicly showcasing both an aggressive political strategy and a deep commitment to Christian faith. Vought’s actions, which have included inflicting trauma on civil servants, utilizing his think tank aggressively, and defying legal precedents, are pursued alongside his declared devotion to Christianity. This combination of harsh political tactics and religious conviction challenges the traditional separation once held between these two aspects.
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Pennsylvania State Representative Ben Waxman introduced a bill to ensure that discriminatory housing developments, such as the whites-only community Return to the Land, are explicitly illegal in the state. The bill is a response to Return to the Land’s efforts to revive segregated housing, which, according to some legal experts, may violate the Fair Housing Act. Waxman’s bill aims to prevent any ambiguity by clarifying that the “private club” exemption does not apply to organizations that discriminate based on race, color, national origin, or ancestry, thereby closing potential loopholes. While current law prohibits racial discrimination in housing, the legislation seeks to reinforce this and eliminate any room for misinterpretation.
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In a recent interview, outgoing Congresswoman Marjorie Taylor Greene reflected on her evolving views, admitting naivete in her past support of Donald Trump. She cited a pivotal moment during the memorial service of conservative influencer Charlie Kirk, where Trump’s contrasting statement regarding his opponents spurred her disillusionment. Greene’s departure from MAGA aligned with her newfound commitment to her faith. This shift led to her distancing herself from Trump and Republican positions, including her stance on the Gaza conflict, and a vote concerning Jeffrey Epstein’s files, resulting in her current political ostracization.
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China is heavily investing in Latin American infrastructure, particularly ports, to secure its supply of agricultural products like soybeans, shifting trade away from the United States. This investment is exemplified by projects such as the Port of Chancay in Peru and expansions at the Port of Santos in Brazil. Consequently, while Latin American exports to China are booming, U.S. port traffic, especially for soybean exports, has significantly declined. Despite a recent trade agreement between the U.S. and China, the shift is negatively impacting American farmers, who face an uncertain future in the global soybean market.
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Poland to produce 10,000 precision missiles in landmark deal with South Korea is definitely a big deal, and honestly, good for them! Out of all the Eastern European countries, Poland really seems to be stepping up. They’ve been doing a pretty good job so far, and hopefully, they’ll keep it up. This agreement with South Korea looks like a smart move.
This kind of partnership is crucial. Ten thousand precision strike missiles is a serious number and should act as a deterrent, especially with the current geopolitical climate. We’re talking about a significant investment in defense, and it makes perfect sense considering the threats Poland faces, and the ongoing situation in Ukraine.… Continue reading
Following a meeting at Mar-a-Lago, President Zelenskyy announced that US security guarantees for Ukraine were fully agreed upon. He also revealed that a 20-point peace plan was 90% agreed, with an economic revitalization plan nearly finalized. While acknowledging the success of the talks, President Trump indicated that the territorial partition issue remained unresolved and that Europe would play a significant role in Ukraine’s future security. The discussions included a phone call with European leaders, showing good progress toward finalizing documents, possibly within the next month, as hoped by Zelenskyy.
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During a joint press conference, President Trump stated that Vladimir Putin expressed a desire for Ukraine’s success and indicated Russia’s willingness to assist with its reconstruction. Trump claimed Putin was generous in his sentiment towards Ukraine, even mentioning the possibility of providing energy and other resources at low prices. Trump was responding to a question regarding discussions about Russia’s role in Ukraine’s post-war rebuilding. The former President concluded that “a lot of good things came out of that call today”.
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Incoming Mayor Zohran Mamdani will be sworn into office at midnight on January 1st inside the abandoned old City Hall subway station, signaling a new era for the city. This location was chosen to reflect the transformative ambitions of the new administration, echoing the city’s historical commitment to transit. The private ceremony will be followed by a public swearing-in at City Hall at 1 p.m., which will feature Senator Bernie Sanders, and a car-free block party. This unique event will also serve to close the loop on a social media post Mamdani made following the election, alluding to the new administration’s goals.
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Iran’s currency collapse sparks second day of protests, and the situation feels like a pressure cooker on the verge of exploding. The plummeting value of the Iranian rial against the dollar is making life increasingly difficult for ordinary citizens, triggering public demonstrations. This isn’t just about economic hardship; it’s a symptom of deeper structural problems, including corruption, inequality, and a severe water crisis, all of which have been brewing for some time. The question on everyone’s mind seems to be whether these protests will finally lead to meaningful change in Iran.
The precipitous decline of the rial is staggering. It’s difficult to fathom the speed at which the currency has lost value, effectively turning many Iranians into overnight “trillionaires” in their own currency, yet leaving them unable to afford basic necessities.… Continue reading
John Q. Hosedrinker 
Matt Underwood