Category : * Economics, Politics

(Economist) Donald Trump’s blind alley–America’s president looks bereft of good options for solving the stand-off in the Gulf

When Donald Trump proposed peace with Iran, he could hardly have offered better terms. In return for Iran opening the Strait of Hormuz and forswearing all ambitions for a nuclear bomb, America held out the prospect of hundreds of billions of dollars of income and investment in an economy ravaged by sanctions and war. The horrified reaction of Iran hawks in America and Israel tells you that no other American leader would have surrendered so much.

The bleak message from the upsurge in fighting over the past week is that, for Iran, money alone is not enough. The hardliners are in charge. They want something more, and it cannot be good—be it revenge, control over the strait, regional dominance or a nuclear programme. America must not yield.

The memorandum of understanding (MoU), signed a month ago, allows 60 days to bring peace. Halfway through, it has itself become the focus of conflict. It asks Iran to “make arrangements to ensure the safe passage of commercial vessels free of charge for 60 days”. Iran takes that to imply it is in charge; for America it means that Iran must not restrict sea traffic.

The two sides are exchanging missile and drone strikes, and tankers are wary of sailing even with American offers of protection. Thankfully, these military exchanges have so far stopped short of a return to war. But the oil price is creeping back up. Meanwhile, there has been no progress in talks on tricky matters, including nuclear materials and Iranian efforts to enrich uranium.

Read it all.

Posted in Iran, Military / Armed Forces, Politics in General, President Donald Trump

(CT) Ben Sasse Doesn’t Doubt God’s Goodness

I’m pre-writing your obituary. I hope it does not have to get published immediately, but I did feel it would be interesting to have you speak to people from beyond the grave, if it does get published. So: Do you have anything you would like to say?

In the past few months, I had to make an interesting choice to go on this clinical trial that’s pretty nasty. And you do a little bit of introspection: What’s the point of extending life a couple of months? My girls are now 24 and 22, so they are launched and are doing well. And my wife is mindful of the truth that death is a wicked thief, but she is not despairing at all through this. So I really think that I made the choice to do this clinical trial and extend the few months of life because my boy’s only 14. I want him to have a dad for a little bit longer and slap him upside the head and love on him.

But it’s really a function of the two great commands, trying to love God with all our heart, soul, mind, and strength and love our neighbor as ourselves.

And what does it look like to live well in this time? For me, these months have been largely about my son, Breck, but they’re also more broadly about the challenge of what it means to raise kids in this time and place. We spend so much time talking about the jobs apocalypse in light of AI and the digital revolution. And that’s an interesting question. I care about it a lot. But much more fundamental than just the paid-vocation piece, the jobs piece, is what does it mean to be human in this time when we’ve got technological tools that are distorting reality in such fundamental ways?

I think we have a big, big collective action problem of what it means to raise kids in a world that will be this disrupted this frequently. People who are 25, 30, 35, 40, 45 years old are going to have their world upended again and again. What are the fundamental truths and roots that give life meaning and place meaning? I’ve been reflecting about that a lot.

America works and thrives to the degree that people have thick local communities and places and small platoons and congregations to assemble for worship on Sunday morning and throughout the week. Right now, I think we’re living through a period of institutional collapse, and we’re going to need to go through a wave of Tocquevillian institution-building. We’ve been mostly harvesting the consumer benefits of a technology revolution without acknowledging the production, vocational, and communal costs of burning all the districts where local community happens.

Read it all.

Posted in * Culture-Watch, Death / Burial / Funerals, Eschatology, Health & Medicine, Politics in General, Religion & Culture, Senate

(Local paper) Lindsey Graham, South Carolina’s senior U.S. senator, dead at 71 after suffering tear in aorta

U.S. Sen. Lindsey Graham — South Carolina’s senior senator who in his decades-long tenure rose to the highest levels of influence on the global stage — died the evening of July 11 in Washington, D.C., after what his office described as a “brief and sudden illness” that the D.C. medical examiner in its preliminary review later ruled to be a torn aorta.

An aortic dissection is a tear in the body’s main artery. The examiner attributed the dissection to underlying cardiovascular disease, though the official cause and manner of death remain pending while toxicology and microscopic testing are completed.

Graham’s death comes as he was seeking reelection to a fifth term this year and also just days after reaching his latest birthday on July 9. He turned 71.

“On the evening of Saturday, July 11, U.S. Sen. Lindsey Graham passed away from a brief and sudden illness,” his office said in a news release shortly before 2 a.m. July 12. “Senator Graham’s family appreciates prayers at this time and asks for privacy during this incredibly difficult period.”

Read it all.

Posted in * South Carolina, Death / Burial / Funerals, Senate

(Fox Business) More Americans are relying on credit cards to buy groceries, new study finds

American families are increasingly being pushed past their financial limits at the grocery checkout counter, turning to credit card debt just to keep food on the table, according to a new study.

Data released Monday from the Urban Institute found that a cumulative 32% increase in food costs over the last five years has pushed more than one in four working-age Americans into credit card debt just to cover their regular grocery bills.

“Groceries are one of the largest household budget items for families. Over the past five years, food costs have increased substantially,” the report said. “This means that families today face persistently higher prices when they go to the grocery store, and food affordability remains a key concern for many.”

The report also found, “Between 2023 and 2025, the share of working-age adults who paid for groceries with a credit card and did not make the minimum payment increased, signaling worsening financial distress among families.”

Read it all.

Posted in * Economics, Politics, America/U.S.A., Consumer/consumer spending, Economy, Personal Finance

(Church Times) Reith Lecturer Edward Norman’s warning to Church

Adroit, acerbic, and dry in his selective use of examples, Norman instanced Dr Robert McAfee Brown, Professor of World Christianity at Union Theological Seminary in New York. Addressing the World Council of Churches in 1975, in the guise of a penitent who now realised that he was a sinner, the Professor confessed his embodiment of “racism, sexism, classism, and imperialism”, and spoke of Jesus as a “liberator”, to be “identified with the demands of oppressed people”.

Another instance nearer to home was that of a sincere Anglican cleric interviewed on the radio, extolling the Sex Pistols’ song to change the world order as a model of true “Christian prophecy”.

Unconvinced by this unlikely juxtaposition, Norman highlighted the lacunae in the punk-rock gospel: nothing about the Christ who was the Lord of history or the sin that affects liberator and oppressor alike; silence concerning the need for the repentance and forgiveness, which are fundamental to prayer and spiritual maturity, or any acknowledgement of the final judgement of all human actions. Absent, too, was the unique Christian teaching concerning the place and ultimate end of humanity, along with any serious critique of secular visions of the future for the forsaken of this world.

The lecture series was praised for its clarity, intellectual depth, and the way in which it had facilitated a serious discussion of the relationship between Christianity, politics, and contemporary society.

Read it all.

Posted in * Culture-Watch, Anthropology, England / UK, Ethics / Moral Theology, History, Pastoral Theology, Politics in General, Religion & Culture, Theology

(Local paper) A deadly combo: In South Carolina, rising cost of living collides with surging heatwaves

Wendell Gilliard spent the hottest days of his childhood summers praying for a cool breeze.

Gilliard, a state lawmaker who represents parts of the peninsula and West Ashley in the S.C. House of Representatives, grew up in Charleston’s low-income housing before it had air conditioning. His family would cool off by purchasing a large block of ice and setting it in the middle of a room surrounded by fans and open windows.

“ That was our air conditioning,” Gilliard recalled. “Mom would always say, ‘ You need to stay still and pray for a cool breeze.’   Then, when everybody stayed still in that one room, you would notice the curtain would pick up from the breeze, and everything changed.”

Charleston Housing Authority properties now have air conditioning, but many households across the state still don’t. As South Carolina enters the dog days of summer, heat-vulnerable residents — who are predominantly elderly, those with chronic illnesses and the “homebound,” per the S.C. Department of Public Health — face life-threatening risks.

Read it all.

Posted in * Economics, Politics, * South Carolina, Ecology, Economy, Personal Finance

(Washington Post Op-ed) David Ignatius–Europe braces for a Russian provocation

The Ukraine war may be entering a dangerous new phase as an embattled Russia appears to be weighing whether to escalate the conflict with limited strikes or military incursions against European NATO countries such as the Baltic states or Poland — betting that the United States wouldn’t intervene.

“I’d say escalatory risk is real, and growing — mostly because [Russian President Vladimir] Putin is under growing pressure at home and losing on the battlefield,” said former CIA director William Burns in a message to me Monday. The United States has been sharing warnings about the growing danger with European allies for the past month, officials told me.

We’re watching a demonstration of how wars can leap the bounds of what strategists call “agreed battle” and become global catastrophes. With Russia caught in a meat grinder in eastern Ukraine, suffering more than 30,000 casualties a month to Kyiv’s drones, the danger is that Putin will try a breakout against the NATO alliance that he claims is his real adversary — at a moment when the United States is less engaged than at any time in the alliance’s history.

Read it all.

Posted in Europe, Foreign Relations, Military / Armed Forces, Russia, Ukraine

(Paul Kedrosky) AI, Immigration, and Collapsing Labor Force Participation

The U.S. labor force participation rate has quietly returned to levels last seen in the 1970s (outside the recent pandemic). It increasingly seems to signal a structural shift in how society works, with a shrinking share of adults participating directly in the production of goods and services. The consequences extend well beyond slower economic growth.

Some implications:

  • A growing share of U.S. society has no direct stake in labor markets.
    • As fewer adults work or seek work, a larger fraction of voters experience the economy mostly as consumers, retirees, or rentiers, not as workers.
    • That changes political incentives around wages, immigration, AI, taxation, and redistribution.
  • The economy becomes increasingly dependent on a shrinking core.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, America/U.S.A., Economy, Labor/Labor Unions/Labor Market, Science & Technology

(Gallup) A new Survey tool finds half of U.S. teens are missing at least one necessity

The Gallup study found that roughly half of U.S. adolescents lacked at least one necessity measured by the ANI. Neighborhood safety was the least common (about 76% reported having it), followed by the ability to afford extracurricular activities (about 78%). The most common were access to medical care (about 97%) and having an adult who offers encouragement (about 96%).

Analysis of the Character Lab data revealed two underlying dimensions — material necessities (transportation, housing, nutrition, safety, medical care, quiet space, and extracurriculars) and social necessities (academic support, emotional support, and encouragement). Because the two dimensions are highly correlated, the authors combined them into a single metric that they call “Access to Necessities,” appropriate for most research and screening applications.

Across both the Character Lab and Gallup studies, students with higher ANI scores consistently showed better outcomes: higher GPAs; greater emotional, social and academic thriving; better physical and mental health; and greater life satisfaction. Critically, the ANI predicted these outcomes even after accounting for traditional measures of socioeconomic status. In other words, the ANI didn’t merely replicate what SES captured — it added meaningfully to it.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, America/U.S.A., Economy, Education, Personal Finance, Poverty, Teens / Youth

(Bloomberg) US Hiring Slows Sharply, Curbing Recent Job-Market Momentum

US hiring slowed sharply in June even as the unemployment rate fell, curbing some of the budding momentum in job growth this year.

Nonfarm payrolls increased 57,000 last month after downward revisions to the prior two months took some of the shine off recent blockbuster reports, Bureau of Labor Statistics data Thursday showed. The unemployment rate fell to 4.2% as labor force participation plunged.

The payroll figures, which were lower than all but one estimate in a Bloomberg survey, suggest the labor market still faces some challenges despite signs of strength in recent months. While consumer spending has been resilient in the face of the energy shock from the Iran war, Americans are pessimistic about high prices, which may also be keeping employers cautious about hiring.

Read it all.

Posted in * Economics, Politics, America/U.S.A., Economy, Labor/Labor Unions/Labor Market

(Economist Cover) The AI backlash is only getting started

Yet this backlash is itself dangerous. AI promises to change the world for the better, much as electricity or the steam engine did. Not long ago, the era-defining problem for the rich world was stagnant economic growth and the populism it unleashed. Now it has a technology that could power a surge in productivity and incomes, help find cures for untreatable diseases and improve everything from education to green tech.

All this could be lost if countries starve the technology of computing power or regulate it into uselessness. Look at mRNA vaccines research, which has been held back after a backlash during the covid-19 pandemic.

Scenarios in which some countries give in to popular rage but others forge ahead are also worrying. If America succumbs, it could cede the global ai frontier, and the attendant cyber and military capabilities, to authoritarian China. Europe and Canada are more risk-averse than America. If they choked off AI while the rest of the world kept pushing forward, their losses could be unrecoverable. More than two centuries after the Industrial Revolution, few countries have managed to catch up with the first movers.

So the stakes are high. Can governments do anything about it? Grand proclamations about the shape of a “social contract” for a post-AI world are good fodder for blog posts but offer little help today. Besides, the unknowns are still large enough to make the exercise almost futile.

Better to be incremental. 

Read it all.

Posted in * Economics, Politics, Economy, Globalization, Politics in General, Science & Technology

(Gallup) Gas Prices Hitting Americans’ Finances, Travel Plans

 Two-thirds of Americans surveyed in a June 1-15 Gallup poll say the cost of fuel has caused financial hardship for their household, similar to the level recorded when gas prices were similarly high in 2022 and at other times over the past two decades when gas prices were elevated — especially 2005, 2008 and 2011.

Although most people are feeling the pinch from high fuel prices, 17% of those experiencing financial hardship because of high gas prices call it “severe.” That is slightly lower than the 22% found four years ago.

Gallup’s trended data suggest that Americans are especially sensitive to average pump prices reaching new levels — often widely reported in the news. Each time a new threshold has been crossed for a sustained period, the share of Americans reporting financial hardship has risen sharply. This includes when prices went above $2 per gallon in 2005, above $3.50 in 2008, above $3.75 in 2011 and above $4 in 2022.

Read it all.

Posted in America/U.S.A., Consumer/consumer spending, Economy, Energy, Natural Resources

(Church Times) Low-income families are going without food, C of E Bishops warn peers

Child poverty is “not just an issue of economics, but a crisis of human dignity and a moral challenge to the kind of society we wish to build”, the Bishop of Peterborough, the Rt Revd Debbie Sellin, has said.

Speaking during a House of Lords debate last week on the Government’s Child Poverty Strategy, Bishop Sellin referred to research from the Joseph Rowntree Foundation that “food is now the most common essential that low-income households are going without.”

A C of E primary school near Daventry had set up a community larder, she said, “providing affordable food to families struggling to make ends meet, along with ensuring that all children [have] a good breakfast each morning. Volunteer groups work hard to bring isolated families back into community life, but they find their efforts stifled by lack of investment in infrastructure.”

Read it all.

Posted in Church of England (CoE), CoE Bishops, England / UK, Ethics / Moral Theology, Politics in General, Poverty, Religion & Culture

(Economist Leader) AI has granted America vast new power

The news is full of how an ignominious peace deal with Iran exemplifies a decline in American power. That conclusion could hardly be more wrong. On June 12th the Trump administration ordered Anthropic to block foreigners from Fable and Mythos, its latest and most capable frontier AI models. In an instant, everyone learned that the American government can decide who may use the world’s most important technology. You don’t get much more powerful than that.

The administration was responding to a supposed jailbreak for Fable, meaning a prompt that circumvents defences against uses such as hacking computers or making bioweapons. The chances are that it wanted Anthropic to switch off the models for everyone, and that targeting foreigners was a means to an end. Sure enough, that is what Anthropic did, while claiming that the concern about its model was overblown. The legal basis of the order remains unclear, and the ban seems unlikely to last.

What matters, though, is the demonstration that global access to the best AI may come down to a decision in the Oval Office. The administration showed in March that it is prepared to trample on the frontier AI companies, when it designated Anthropic a “supply-chain risk”. Now it has shown that it is prepared to trample on users, too.

America must decide how to wield this vast new power. The rest of the world must decide what to do about it. Even as it plans for an unreliable America in everything from defence to trade, it now has to cope with a new way of being captive to the world’s biggest economy.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, America/U.S.A., Globalization, History, Politics in General, Science & Technology

(CT) A Devil’s Bargain for the Black Church–An excerpt from Delano Squires’ ‘The Vanishing Black Family: How Welfare and Feminism Made Marriage Optional and Children Vulnerable’

The Christian faith is by nature conservative—in a theological sense. The Scriptures are replete with verses pointing to the unchanging and enduring nature of God and the Bible. Revelation 1:8 says, “‘I am the Alpha and the Omega,’ says the Lord God, ‘who is, and who was, and who is to come, the Almighty’” (ESV throughout). Malachi 3:6 says, “For I the Lord do not change; therefore you, O children of Jacob, are not consumed.” Isaiah 40:8 says, “The grass withers, the flower fades, but the word of our God will stand forever.” Hebrews 13:8 says, “Jesus Christ is the same yesterday and today and forever.” These verses do not mean that the biblical text cannot be distorted or manipulated by self-serving people, but it does mean that the Bible is not a party platform that gets updated every four years.

Thankfully, there are countless others who are faithfully preaching and teaching God’s word. These congregations are often small and do not receive any media attention. Many are led by pastors more concerned with preparing their members for eternity in heaven than getting souls to the polls on Election Day. Some of these churches have vibrant ministries for men, women, and families. They are committed to remaining faithful to biblical ethics regarding sex, sexuality, marriage, family, and the sanctity of life without any concern for whether elected Democrats—or Republicans—agree.

Liberation-minded pastors who reject the biblical definitions and descriptions of sex and marriage are incapable of doing the work needed to rebuild the Black family. They fashion themselves as brave prophets, but they make race and politics twin idols that draw their hearts—and pulpits—away from God.

Christians are often told to beware of wolves in sheep’s clothing. That is wise counsel, but what’s even more dangerous is a wolf in shepherd’s clothing. The former can devour a few sheep before the others scatter, but the latter can lead an entire flock over a cliff.

One ray of hope is the biblical theme of God’s mercy on those who turn from their wicked ways and trust him. The pattern in both the Old and New Testaments is quite familiar. God’s people rebel. He rebukes them. They reflect on their sin and repent. He restores them. This is my prayer because the Black family needs the church to function in its God-given role now more than ever.

Read it all.

Posted in * Culture-Watch, America/U.S.A., Anthropology, Books, Children, Ethics / Moral Theology, History, Marriage & Family, Parish Ministry, Pastoral Theology, Politics in General, Theology

(Church Times) Social-media ban for under-16s ‘not enough’ C of E Bishops warn

A ban on social media for under-16s, announced by the Government this week, will not guarantee child safety online, Bishops and safeguarding specialists have warned.

Two C of E Bishops — one in favour of the ban and the other opposed — nonetheless agreed this week that a ban in isolation was not enough, and that both scrutiny of big tech social media companies and investment in youth services was essential if children are to be protected from harm.

The Children’s Society warned against letting the tech companies off the hook, while Jim Gamble, the chief executive of INEQE, the safeguarding group currently auditing all Church of England dioceses and cathedrals, said that, while well intentioned, a ban was not practical.

Read it all.

Posted in --Social Networking, Blogging & the Internet, Children, Church of England (CoE), CoE Bishops, England / UK, Politics in General, Religion & Culture, Teens / Youth

(PD) David Lewis Schaefer–Hamilton, Jefferson, and the Fight for Power in America 

For his part, while Hamilton favored a more active role for government in promoting commerce, his ultimate aim was almost the same as Jefferson’s: securing the rights proclaimed in the Declaration. But by enhancing commerce, Hamilton aspired to enable ordinary Americans to emulate his path of rising to prosperity through their own initiative and industry.  

Both men would surely have been horrified by the enormous and intrusive bureaucracy that the progressive movement bequeathed to us. As Rosen puts it, “in the name of Jefferson’s commitment to equal economic opportunity, Roosevelt had buried Jefferson’s commitment to limited government” (though Rosen surely errs in calling his program “Hamiltonian”). Rosen does cite Ronald Reagan’s “Jeffersonian criticisms” of the Great Society “antipoverty” program of FDR’s successor Lyndon Johnson for undermining welfare recipients’ incentive to work, while also noting how the articles of impeachment that Congress drew against Richard Nixon, drawing on Federalist no. 69, finally “refuted” Jefferson’s charge that Hamilton had been a monarchist

Finally, in the area of constitutional interpretation, Rosen quotes Justice Antonin Scalia’s embrace of “the interpretative approach of the Hamiltonian justice Joseph Story” according to which the Constitution’s words should be construed neither broadly nor strictly, but rather taking them “in their natural and obvious sense” (though that phrase obviously leaves considerable room for dispute in particular cases). But Rosen departs from Scalia by insisting that “the central dispute on the Supreme Court” since the Founding “has not been between originalism and non-originalism, but between liberal and strict construction of federal power”: how would that distinction apply to decisions applauded by “living constitutionalists” like Roe v. Wade, which have no grounding in the Constitution’s text at all?  

Whatever one’s judgment of these controversies, it is impossible to differ with Rosen’s concluding judgment that “the greatest threat to the American Idea” throughout our history has come not from those who inconsistently apply Hamilton’s or Jefferson’s principles, but “from those who have rejected the principles entirely,” from Calhoun and others who renounced the claim of natural human equality as “a self-evident lie” to “progressive and conservative ideologues today” who would replace the Constitution entirely with a “resort to violence.” Taken as a whole, Rosen’s book offers a learned and sober account of the relevance of Hamilton’s and Jefferson’s principles to America’s past, present, and possible future. 

Read it all.

Posted in America/U.S.A., Books, History, Politics in General

(Economist) Companies are scrambling to curtail soaring AI costs

“It’s going to be an absolute nightmare,” says an executive at a big American tech company. He is talking about an emerging problem for businesses that use artificial intelligence. AI agents—bots that can read, interpret and act—use masses of processing power and have started to run up huge bills. As they proliferate, the problem will grow. Big companies, the executive points out, typically use hundreds of software programs. If each of those offer agents (as they probably will), AI costs could easily spiral out of control.

Budget management is a new worry for AI adopters. Not long ago employees were encouraged to binge on the technologyas bosses and investors saw spending as a sign of innovation. Burning through vast numbers of tokens—the chunks of text that models process, which are often used as a unit of pricing—became a badge of honour; techies dubbed it “tokenmaxxing”. Companies showed off staff’s AI use on internal leaderboards. Meta’s display awarded top users titles like “Token Legend”.

Such incentives partly explain the boom in AI spending. Another contributing factor is a change in the way enterprises use the technology. Token-heavy applications, such as reasoning models and agents, are growing more popular. In some cases agents build their own agents, sending costs higher still. Ramp, a corporate-credit-card provider, analyses its clients’ transaction data to shed light on how they use AI. It reckons their overall spending has risen 13-fold in the past year. In April Uber said that it had already spent its annual AI budget in four months. Other firms are experiencing similar problems. One reportedly spent $500m on AI tokens in a month. Sam Altman, the boss of OpenAI, has described mounting customer costs as “a huge issue”.

For now, the problem is concentrated. The top spenders tend to be tech firms….

Read it all.

Posted in Corporations/Corporate Life, Economy, Science & Technology

Bishop of Newcastle insists Lords must continue scrutiny of [so-called] assisted-dying legislation

Responding to the news that a Bill to permit assisted dying is to be reintroduced to Parliament, the Bishop of Newcastle, Dr Helen-Ann Hartley, has told the Church Times that she remains committed to scrutinising the legislation in the House of Lords — although MPs may use the Parliament Act to bypass the Upper House.

“The issues around workability and safety remain, as do the issues around the funding of palliative and social care,” she said.

The Bishop was speaking after the Labour MP for Rochester and Strood, Lauren Edwards, announced that she would use another Private Member’s Bill to reintroduce the Terminally Ill Adults (End of Life) Bill into the House of Commons.

Read it all.

Posted in Church of England (CoE), CoE Bishops, Death / Burial / Funerals, England / UK, Ethics / Moral Theology, Health & Medicine, Life Ethics, Politics in General, Religion & Culture

(Church Times) Cathedral deans press their case in Westminster

A new parliamentary network of cathedral cities with a remit to make a “sustained appeal” to the Government for funding support was established this week.

Cathedral deans and their constituency MPs met in Westminster on Tuesday. MPs were urged to propose a motion for debate in Parliament on the value of cathedrals to the nation. The deans also urged the Government to call on the Church’s own National Investing Bodies to meet their obligations to cathedrals.

Parliamentary debates on cathedrals have been held every year for the past few years, covering their economic contribution, choral music, maintenance, and sustainability.

Read it all.

Posted in Church of England, England / UK, Ministry of the Ordained, Parish Ministry, Politics in General, Religion & Culture, Stewardship

(NYT) Jeff Bezos Wants to Build an ‘Artificial General Engineer’

Mr. Bezos said he was spending a significant amount of time working on the company, which is based in San Francisco.

Dr. Bajaj is a trained scientist with significant experience in industry. After studying as a physicist and a chemist, he worked closely with the Google co-founder Sergey Brin at Google’s X, a research effort inside the tech giant often called “the Moonshot Factory.” Google X created ambitious projects that have since become their own companies under the umbrella of Google’s parent company, Alphabet, including the drone delivery service Wing and the self-driving car company Waymo.

In 2015, Dr. Bajaj helped found Verily, a research lab that focuses on the life sciences. Like Waymo and Wing, Verily is operated by Alphabet.

He later co-founded and served as chief executive of Foresite Labs, an effort to create A.I. and data science start-ups. He left that job to focus on Prometheus.

Mr. Bezos and Dr. Bajaj declined to reveal many details about how the company aims to build its new A.I. tools.

Read it all.

Posted in * Culture-Watch, Economy, History, Science & Technology

(NYT) Thomas Friedman–Everybody Is a Loser in This Middle East War

The leaders of Israel, Iran, Hezbollah, Hamas and the United States have one thing in common: None of them want a commission of inquiry looking into their performance in the latest Middle East conflict. So I have decided to do it for them, and I can summarize my conclusions in two words that apply to them all: “You lost.” There — I’ve saved you all the time and money of an internal investigation. You’re welcome.

This truly is the Middle East war that everybody lost. Even though it’s not over, I can see that. In fact, one reason this war may linger is because most of the leaders of these countries and militias know that history has its eyes on them and the minute the guns fall silent there will be a moral, political and economic accounting that will be devastating for each one of these fools.

Let’s go around the table. Hamas started this latest Middle East conflict on Oct. 7, 2023, with an invasion of Israel from Gaza in which in one day it murdered more than 1,200 people — men, women and children — and abducted more than 250. What was Hamas’s war aim? As far as we can tell, its fantasy was that by invading Israel it would spark a regional uprising in which “resistance” forces — including Hezbollah, Iran and even some Arab nations — would help it to annihilate the Jewish state.

Hamas did not launch this war with any peaceful intent — that is, with a gun in one hand and a peace map in the other showing how two indigenous people, Jews and Palestinians, might coexist between the Jordan River and the Mediterranean Sea. No, the only maps Hamas fighters carried showed them where to find the most Jews to kill in the border communities they invaded, including at elementary schools and a youth center.

Read it all.

Posted in America/U.S.A., Foreign Relations, Iran, Israel, Middle East, Military / Armed Forces

(Church Times) No public appetite for forcing through controversial [so-called] assisted-dying legislation, poll suggests

The Bishop of Newcastle, Dr Helen-Ann Hartley, has welcomed a poll of more than 10,000 people which suggests that a majority in all 632 parliamentary constituencies oppose the proposed law on assisted dying being revisited without full scrutiny and approval by both chambers.

Dr Hartley was on the House of Lords select committee that examined the Private Member’s Bill brought by the Labour MP Kim Leadbeater in October 2024 (News, 18 October 2024), and spoke against it before it was defeated earlier this year in the Upper House (News, 1 May). She told the Church Times that the poll “confirms that the public does not support the suggestion of bypassing the House of Lords in order to force through an unsafe Bill”.

She said: “This would mean using a procedure never used for a Bill of this kind and acting against the advice of medical professionals, disability groups, and the concerns of all those who want to see legislation that is safe and workable.

“For a Bill of this magnitude in terms of societal change, the highest level of scrutiny is imperative.”

Read it all.

Posted in Anthropology, Church of England (CoE), CoE Bishops, Death / Burial / Funerals, England / UK, Ethics / Moral Theology, Health & Medicine, Law & Legal Issues, Life Ethics, Pastoral Theology, Politics in General, Theology

(WSJ) Social Security Now Expects Shortfall Earlier than previously expected, it will occur in Late 2032

Social Security is expected to deplete the fund that helps pay out retirement benefits by late 2032, the program’s trustees said Tuesday.

That is earlier than their projection last year of 2033, partly because the fund expects to collect less revenue after President Trump’s new tax law. Passed last summer, the law gave senior citizens an extra deduction that reduced taxes on benefits for many Social Security recipients. . .

Unless Congress shores up the retirement program, the depletion of reserves would trigger a 22% reduction in benefits in late 2032. Because incoming payroll tax revenue doesn’t fully cover promised benefits, the program is forced to make up the difference by pulling money from its two Social Security trust funds—one for disability benefits and the other for the larger program for retirees…

Read it all.

Posted in Aging / the Elderly, America/U.S.A., Ethics / Moral Theology, House of Representatives, Office of the President, Personal Finance & Investing, Senate, Social Security, Taxes, The U.S. Government

Remembering D-Day–Franklin Delano Roosevelt’s D-Day Prayer on June 6, 1944

“My Fellow Americans:

“Last night, when I spoke with you about the fall of Rome, I knew at that moment that troops of the United States and our Allies were crossing the Channel in another and greater operation. It has come to pass with success thus far.

“And so, in this poignant hour, I ask you to join with me in prayer:

“Almighty God: Our sons, pride of our nation, this day have set upon a mighty endeavor, a struggle to preserve our Republic, our religion, and our civilization, and to set free a suffering humanity.

“Lead them straight and true; give strength to their arms, stoutness to their hearts, steadfastness in their faith.
“They will be sore tried, by night and by day, without rest — until the victory is won. The darkness will be rent by noise and flame. Men’s souls will be shaken with the violences of war.

“For these men are lately drawn from the ways of peace. They fight not for the lust of conquest. They fight to end conquest. They fight to liberate. They fight to let justice arise, and tolerance and goodwill among all Thy people. They yearn but for the end of battle, for their return to the haven of home.

“Some will never return. Embrace these, Father, and receive them, Thy heroic servants, into Thy kingdom.

“And for us at home — fathers, mothers, children, wives, sisters, and brothers of brave men overseas, whose thoughts and prayers are ever with them — help us, Almighty God, to rededicate ourselves in renewed faith in Thee in this hour of great sacrifice.

“Many people have urged that I call the nation into a single day of special prayer. But because the road is long and the desire is great, I ask that our people devote themselves in a continuance of prayer. As we rise to each new day, and again when each day is spent, let words of prayer be on our lips, invoking Thy help to our efforts.

“Give us strength, too — strength in our daily tasks, to redouble the contributions we make in the physical and the material support of our armed forces.

“And let our hearts be stout, to wait out the long travail, to bear sorrows that may come, to impart our courage unto our sons wheresoever they may be.

“And, O Lord, give us faith. Give us faith in Thee; faith in our sons; faith in each other; faith in our united crusade. Let not the keenness of our spirit ever be dulled. Let not the impacts of temporary events, of temporal matters of but fleeting moment — let not these deter us in our unconquerable purpose.

“With Thy blessing, we shall prevail over the unholy forces of our enemy. Help us to conquer the apostles of greed and racial arrogances. Lead us to the saving of our country, and with our sister nations into a world unity that will spell a sure peace — a peace invulnerable to the schemings of unworthy men. And a peace that will let all of men live in freedom, reaping the just rewards of their honest toil.

“Thy will be done, Almighty God.

“Amen.”

You can listen to the actual audio if you want here and today of all days is the day to do that. Also, there is more on background and another audio link there.–KSH.

Posted in America/U.S.A., Australia / NZ, Canada, France, History, Military / Armed Forces, Office of the President, Spirituality/Prayer

(WSJ) Phoenix Is a Data-Center Mecca—and Test Case for How to Pay for AI’s Power Needs

A new style of architecture is rising in the sprawling suburbs of the Sonoran Desert: windowless data centers that hum 24 hours a day and guzzle as much electricity as a midsize city.

As Microsoft and other tech giants expand their footprints in one of the nation’s largest data-center markets, a high-stakes battle is unfolding over how to pay for the massive power-grid upgrades needed to drive the AI revolution. 

Arizona Public Service, the state’s largest utility, sits at the center of the firestorm. APS is proposing a 45% electricity-rate increase for “extra-large energy users,” primarily data centers, and a roughly 14.5% increase for residential customers.

Nearly everyone is unhappy.

Consumer advocates warn the plan would shift the financial risks of the AI build-out to households already struggling with high summer electricity bills and temperatures that often hit triple digits. If the AI boom fizzles or the energy consumption of data centers wanes, they worry residents could be left paying off the infrastructure upgrades years from now.

Read it all.

Posted in America/U.S.A., City Government, Corporations/Corporate Life, Energy, Natural Resources, Politics in General, Science & Technology, Urban/City Life and Issues

(Economist Cover) How to fight back against Gen-Z socialism

Something new is stirring on the left. A fresh crop of socialists want to remake the economy with price controls, hefty wealth taxes and a spree of nationalisations. Supercharged by fury over Gaza, they are winning voters at a formidable pace. Many rose to prominence only recently, like Zack Polanski, who leads the Green Party in Britain, or Zohran Mamdani, the mayor of New York. Others are long-standing political fixtures: the septuagenarian Jean-Luc Mélenchon is on his fourth swing at the French presidency, but thumping support from the 20-somethings of “Generation Z” has put the Elysée back in his sights again.

Call it Gen-Z socialism. Not because all its adherents are young—or because it is new for young people to lean leftward—but because it is the brand of leftism, made for the TikTok era, that today’s young revolutionaries support.

Forget weighty collectivist ideals or seizing the means of production. Gen-Z socialism is a me-first doctrine. Climate change and race, preoccupations of the 2010s and early 2020s, are now much more peripheral concerns. So are social issues, barring Gaza. Angst about inflation, housing and artificial intelligence have replaced all that with something cruder. “This country is awash in wealth,” says Avi Lewis, freshly elected leader of the New Democratic Party in Canada, a country where productivity has been all but flat for a decade. “We can have nice things.” Saying that prices should be capped to keep your bills down while someone else pays for your public services is a seductive, shareable message.

Read it all.

Posted in * Economics, Politics, Economy, Ethics / Moral Theology, Globalization

(Gallup) Fewer Than One in Five Financially Fulfilled in U.S., Canada

ust 16% of U.S. adults and 12% Canadian adults are financially fulfilled, according to analysis of the inaugural Edward Jones and Gallup Money and Meaning: Understanding Financial Fulfillment study. Financial fulfillment is a state where people’s personal finances support the life they want to have.

In contrast, 32% of U.S. adults and 41% of Canadian adults experience consistent financial stress, characterized by straining to meet obligations, needing to make trade-offs between financial and life goals, and feeling they lack control over their financial situation. The largest share in each country, described as “financially conflicted,” experience some progress but still contend with ongoing financial strain.

These findings are based on web interviews conducted March 20-April 6, 2026, with 5,075 U.S. adults aged 21 and older who are members of the probability-based Gallup Panel and March 25-April 3 with 2,117 Canadian adults aged 21 and older from a nonprobability online panel. Both samples were weighted to represent the adult population in each country on key demographic characteristics.

The financial fulfillment measure is derived from a statistical analysis of 37 items that measure financial wellbeing, the emotional aspects of financial life, and how closely financial decisions align with people’s values.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, America/U.S.A., Canada, Economy, Personal Finance & Investing

(ISW) Iran’s current leadership ‘likely calculate that the status quo…is a favorable situation that advances their objectives’

‘The Iranian regime, which ISW-CTP continues to assess is dominated by Islamic Revolutionary Guards Corps (IRGC) Commander Major General Ahmad Vahidi and his inner circle, suspended US-Iran negotiations on June 1. Vahidi and his inner circle likely calculate that the status quo, in which Iran has neither made concessions to the United States in a diplomatic agreement nor is engaged in a full-scale conflict with the United States, is a favorable situation that advances their objectives. IRGC-affiliated Tasnim News Agency announced on June 1 that the regime has suspended negotiations, ostensibly in response to Israeli operations against Hezbollah in Lebanon…

The Iranian regime has likely focused on the Lebanon issue, as opposed to another key sticking point in negotiations, to try to curb Israeli operations against Hezbollah in Lebanon as part of the regime’s broader objective to preserve Hezbollah. The regime also likely seeks to drive a wedge between the United States and Israel by falsely blaming Israel and its operations in Lebanon for the collapse of the US-Iran talks. Vahidi and his inner circle also likely calculate that the status quo will help them advance several other objectives, such as solidifying Iranian control over the Strait of Hormuz and maintaining the Iranian nuclear program.’

Read it all.

Posted in America/U.S.A., Defense, National Security, Military, Foreign Relations, Iran, Military / Armed Forces

(Economist Cover) Smart tech is making war a dumber choice

Bullets and bombs killed nearly three-quarters of a million people in wars between 2021 and 2024. Many more died from the indirect effects of conflict, such as hunger and disease. Combat deaths in the past four years have been the highest since the end of the cold war. And for what purpose? Not even the leaders who started recent wars can be pleased with the results. Russia’s invasion of Ukraine has become a humiliating quagmire for Vladimir Putin. President Donald Trump’s war on Iran has gone badly awry. These two wars of choice exemplify two new battlefield truths. Technology has made it harder for any army to advance on the ground. It has also made it easier for weaker powers, when attacked by stronger ones, to cause havoc.

In a valedictory essay this week, The Economist’s defence editor reflects on how war has changed over the past decade and how it might evolve in the future. The first big shift is that soldiers are more exposed on the battlefield. Sensors and satellites can see them; small, cheap drones can kill them. Armies have to work harder than before to hide, move and survive. Ukraine’s expanding front-line “kill zone”, where soldiers move in small groups and ground robots evacuate casualties and deliver supplies, embodies this shift.

Technology quickly spreads. Israeli soldiers in Lebanon now face the same kind of drones that were pioneered in Ukraine. Iranian missiles are far more accurate than the Iraqi Scuds fired during the first Gulf war. Were China to attempt to invade Taiwan, its landing forces would be met with a blizzard of drones. Air superiority is now harder to achieve and buys soldiers less protection than before, thanks to the new drone-saturated layer of airspace.

Some experts draw the lesson that manoeuvre—attacking an enemy’s soft spots through shock and rapid movement—is no longer possible. But war is a Darwinian environment, driving constant adaptation, and the battlefield is never frozen for long….

Read it all.

Posted in Defense, National Security, Military, Globalization, Military / Armed Forces, Science & Technology