Yemen’s Houthis Launch Missile Strikes on Israel in Coordination With Iran, Hezbollah

The Case Against Federal Reserve Independence Authored by Alexander William Salter via AmericanMind.org, It’s illegal in theory and ineffective in practice. The independence of the Federal Reserve System has become a major source of public controversy. As political leaders signal dissatisfaction with monetary policy, officials and commentators rush to defend the central bank’s insulation from democratic pressure. We are told, as if it were self-evident, that central bank independence is a pillar of sound economic governance. But this confidence is misplaced. The economic case for central bank independence is far weaker than its defenders suggest. And the constitutional case is weaker still. Start...

Southern Poverty Law Center Pleads Not Guilty To Federal Fraud Charges Authored by Matthew Vadum via The Epoch Times, The Southern Poverty Law Center (SPLC) on July 7 entered not guilty pleas again to 11 criminal counts alleging it defrauded donors by sending millions of dollars to informants who infiltrated white supremacist and so-called hate groups that it publicly opposed. The fresh arraignment of the nonprofit organization under a new superseding indictment took place via videoconference before Montgomery, Alabama-based U.S. Magistrate Judge Kelly F. Pate. The charges, announced on April 21 by FBI...

Waste Of The Day: Disaster In Small NM Village Authored by Jeremy Portnoy via RealClearWire, Topline: The Village of Cuba, New Mexico, has had "a sustained and indefensible breakdown in accountability over public funds" since at least 2020, according to a state audit released in May. The report identified dozens of issues, including a public official with $11,471 in unpaid water bills and another who used public funds to buy a Subaru Crosstrek without approval. Key facts: Auditors found the village never implemented proper processes to monitor its payroll, bank accounts, credit...