Fed Raises Interest Rates – The Federal Reserve Open Market Committee voted 12-0 Wednesday to raise interest rates, its first hike in three years, by 25 basis-points, to 3.75%-4% and indicated another increase later this year. Fed chair, Kevin Warsh (above), said the quarter-point increase “removed a dose of accommodation.” That's Fedspeak, according to The Wall Street Journal, for ‘stimulus.’
Planned Accidental Attacks – Russia plans “accidental” drone or rocket strikes on European countries supporting Ukraine to “paralyze or at least weaken the motivation on NATO countries,” Poland’s Prime Minister Donald Tusk says.
“There is real risk that drones or other types of projectiles will enter the territory of one or several countries on the eastern flank and even cause destruction,” Tusk told Poland’s parliament Thursday, before traveling to Kyiv Friday. “If anyone dares to attack us, they will face a resolute response from us and our allies.”
Tusk said Poland will invoke NATO Article 5 to defend itself against Russian aggression.
After Tusk’s remarks to parliament Thursday, President Trump announced the US is closer to a permanent military base in Poland, NPR’s Morning Edition reports. US troops currently rotate through a Polish base.
Slovak Prime Minister Robert Fico was also in Kyiv Friday and said Europe is closer than ever to a large-scale war erupting from Russia’s war on Ukraine, according to The Guardian’s report. Meanwhile, Europe plans disbursement of €3.3 billion (about US$3.78 billion) to Ukraine to buy missiles and drones.
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Meanwhile, at the Pump – The national average price of a gallon of unleaded regular is $4.4687 Friday, up 3.01 cents over Thursday’s average, AAA says, and up $1.4887 over February 26. Diesel continues to set new record highs, costing on average $6.4476 Friday, AAA says, up 5.2 cents over Thursday.
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Preventing Attack on Kennedy Center – President Trump cannot demolish the John F. Kennedy Center for the Performing Arts without providing 30-days’ notice, a federal judge ruled Thursday, after the center’s board of directors voted to close it over poor condition and finances (NPR’s Morning Edition).
Trump suggested the Kennedy Center, opened in 1971, will be “ripped down” if his name isn’t emblazoned on the building to give him credit for the renovation he seeks. Trump also claimed, without evidence that the Kennedy Center has lost millions of dollars. –TL
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Fed Raises Interest Rates 25bps
THURSDAY 9/17/26
EU+Canada: New World Leaders? – Something like the “Fifth Beatle” or the “Twelfth Player” at the Seattle Seahawks’ Lumen Field, Canada appears poised to become the 28th member of the European Union, thanks in large part to Prime Minister Mark Carney’s inarguably un-Trumplike statesmanship.
Canadian politeness lives.
At the European Parliament in Strasbourg, France, where President Ursula von der Leyen of the European Union has proposed making Canada an “associate member” (without offering any details of what that means) Carney wowed the 27 extant members with smooth diplomacy, NPR’s Morning Edition reports.
“Canada and Europe are strong,” Carney told the European Parliament. “Europe and Canada are stronger together.”
Canada does not support zero-sum deals, he added.
Von der Leyen noted that the EU and Canada already have “deep” trade agreements, as well as deep sociopolitical ties.
“We see the world with the same eyes, from AI to climate change,” von der Leyen said, “from the Arctic to geopolitics and we’ve stood together on Ukraine defense, on raw material supply chains. But above all, dear Mark, Europe and Canada believe in democracy.”
Touché.
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Meanwhile, Prices at the Pump – The national average price of a gallon of unleaded regular is $4.4386 Thursday, up 7.14 cents over Wednesday, AAA says. Diesel is $6.3956, up 8.53 cents over Wednesday. –TL
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War on Iran, Week 23
WEDNESDAY 9/16/26
President Trump departs his Doonbeg golf resort in Ireland, after he said Saturday he would “love to see” unification with Northern Ireland, (Time magazine), which is part of the UK. “It would seem to me that one of the ‘naturals’ of all time is to put them together.” [White House video screenshot]
EU, Canada – European Union President Ursula von der Leyen says she will work on making Canada the economic bloc’s first “associate” member, The Wall Street Journal reports. The new EU category would acknowledge the result of President Trump’s tariff policy and isolationism the shifting the center of “the West’s” power away from US military and economic might.
Speaking in her annual address to the European Parliament in Strasbourg, France, this one with Canadian Prime Minister Mark Carney in the audience, von der Leyen said (per WSJ): “We must urgently reimagine our partnerships. And build global coalitions for our resilience and democracies. … I would like to work with you on opening the door for Canada to be the first associate member of the EU.”
Carney has vowed to find new markets for Canadian goods after Trump launched his full-scale trade war with our northern neighbor, which sends about 70% of its exports to the US. Tariffs of 50% are to take effect on key Canadian goods on January 1.
Hello, Cleveland … Meanwhile, the Cleveland City Council Monday, in a shot at President Trump’s “Lake America” moniker for Lake Ontario, voted to rename a portion of another Great Lake, Erie, as the “Gulf of Cleveland.”
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House Passes War Powers Act – The House passed the war powers act its third time Tuesday by 220-204 vote, directing the Trump administration to end the war in Iran or seek explicit authorization to continue, The New York Times reports. This time, seven Republicans joined Democrats in the resolution offered by Rep. Seth Moulton (D-MA), up three Republicans from the first two tries.
Moulton, a retired combat veteran, said the war “has not only failed, but backfired.”
Republicans voting for Moulton’s resolution were Reps. Thomas Massie of Kentucky, Brian Fitzpatrick of Pennsylvania, Warren Davidson of Ohio, Tom Barrett of Michigan, Marianette Miller-Meeks and Zach Nunn, both of Iowa and Nancy Mace of South Carolina.
Impeach Hegseth? ... Massie, meanwhile, has introduced a resolution to impeach war/Defense Secretary Pete Hegseth.
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Meanwhile, Prices at the Pump – The national average price of a gallon of unleaded regular is $4.3672 Wednesday, the AAA reports, up another 3.83 cents over Tuesday and $1.551 costlier than the AAA average on February 27. Diesel is up 4.09 cents, to $6.3103 Wednesday, which is $2.6238 higher than just before the US-Israeli war on Iran. –TL
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TUESDAY 9/15/26
It's National Voter Registration Day
•For More on Voter Registration: Click HERE.
Trump Expands his HOAX-o-rama – President Trump defended artificial intelligence development against its chief purveyors – including Dario Amadei, Sam Altman and Elon Musk, who called for curbs on development last weekend – as Vice President JD Vance questioned AI tech companies’ motives for seeking regulation.
“AI taking over the World, destroying HUMANITY, and all other things bad, is a HOAX, no different from RUSSIA, RUSSIA, RUSSIA – UKRAINE, UKRAINE, UKRAINE – IMPEACHMENT HOAX #1 – IMPEACHMENT HOAX #2 – and all of the other HOAXES and SCAMS that America was forced to endure,” Trump Truth Socialed (hat tip to Politico).
Earlier Monday, Trump TS’d “The only control or ‘guardrails’ that AI needs is a STRONG AND SMART (High IQ!) PRESIDENT, and the U.S.A. has that, in spades.”
Testing Trump loyalists? … Recently, Trump asserted that “communities that don’t take a data center are making a mistake,” adding that “plenty of communities” want one for the tax revenues (per Forbes), even as right and left have found a not-in-our-backyard issue over which to unite. Will all the president’s 30% or so loyal MAGAnistes stick with him on AI regulation?
Not Steve Bannon … “Face of the MAGA movement” Steve Bannon is joining Sen. Bernie Sanders (I-VT) (!!!) in participating in an all-day Pro-Human Assembly in Washington Tuesday arranged by the non-profit Future of Life Institute, NPR reports. Sanders with Rep. Greg Casar (D-TX) has written legislation addressing the need for AI regulation. It would make it “illegal for any company to produce AI that is smarter than any human,” Sanders told NPR’s Leila Fadel on Morning Edition Tuesday.
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Speaking of Hoaxes – By 7-2 decision, the Supreme Court Tuesday in a one-paragraph ruling blocked the Trump administration from imposing federal requirements for mail-in ballots, The Wall Street Journal reports. With Justices Samuel Alito and Clarence Thomas dissenting, the court said the US Postal Service cannot enforce a Trump administration rule that would compel state and local election officials to submit lists of voters to the federal government.
Wait, there’s more… Still, Trump’s Justice Department recently sent out letters to at least 30 top election officials across the country – the “Democratic” ones – in an effort to gain access to private voter data and election records, The New York Times reports.
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Speaking of RUSSIA, RUSSIA, RUSSIA – In the final days of Emmy winner The Late Show with Stephen Colbert, its eponymous host joked about President Trump declining to attend his son, Don Jr.’s wedding to Bettina Anderson. TMZ soon after reported that Donald Sr. did attend the actual May 21 nuptials (last day of The Late Show) of Don Jr. to the socialite/model before the happy couple, sans president, flew off to a “destination” wedding celebration with about 50 guests.
The May 22 destination wedding might be considered a good thing for President Trump to avoid, if you buy his explanation that his sons control Trump Organization business interests without his input.
ProPublica Monday published an ongoing investigation of Don Jr.’s three-day wedding party that reports Russian oligarch Umar Kremlev, a close friend of dictator Vladimir Putin, “spent hundreds of thousands” of dollars on expenses, including renting out a private island in the Bahamas.
Kremlev heads the “scandal plagued” International Boxing Association, sponsored by Russian oil giant Gazprom and “appears to have met Donald Trump Jr. only recently, but attended the ‘intimate’ wedding with a large group of other Russian guests.”
Payments for Don Jr.’s wedding were made via an IBA-affiliated entity in Dubai that the boxing association uses for financial transactions, ProPublica reports.
The president’s son recently described the “intimate” three-day wedding celebration in the Bahamas on his podcast, Triggered with Don Jr.
“It was really small, like really close friends. Tried to keep it really tight,” Don Jr. said. “And it was just awesome.”
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Meanwhile, Prices at the Pump – The national average price for a gallon of unleaded regular is $4.3289 Tuesday, according to the AAA, up 1.26 cents over Monday and up $1.5127 over February 27. Diesel is $6.2694, up 3.93 cents over Monday and up $2.5829 since the beginning of the US-Israeli war on Iran. –TL
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MONDAY 9/14/26
Iran War, Week 23
Can AI’s Quest for World Domination be, er, Slowed? – Until last weekend it seemed only a burst of the artificial intelligence capital-raising bubble on Wall Street could possibly stop development of the technology its leader/experts are beginning to fear will end mankind as we know it. Then on Saturday, Anthropic chief executive Dario Amodei posted a 3,800-word essay calling on AI companies to “pace the frontier,” which means, “let’s hit the brakes” on AI development.
Shortly after Amodei’s post, Sam Altman, chief executive of OpenAI, and Elon Musk, founder of SpaceXAI agreed in their own social posts, The New York Times reported Sunday.
Last Tuesday, Anthropic researcher Jacob Coxon resigned and posted a series of social media posts about how AI companies are not responsibly developing the technology, at the potential expense of human lives. And The Wall Street Journal reports Monday that Amodei’s Anthropic and Altman’s OpenAI are “racing” toward initial public offerings (IPOs) at the same time they admit they call for better understanding of the technology as it develops itself.
Meanwhile, Rep. Greg Casar (D-TX) tells NPR’s Morning Edition he expects this week to introduce with Sen. Bernie Sanders (I-VT) their Ban Artificial Intelligence Act in Congress this week before their recess, which begins next week and extends to after the November 3 midterm elections. The Casar-Sanders bill calls for a ban on the development and deployment of superintelligent AI and for a temporarily pause on advanced AI development until safety rules can be developed under federal regulation.
It would also direct US regulators to pursue international agreements to prevent development of superintelligence anywhere in the world.
Speaking to reporters at his Doonbeg golf resort in Ireland Sunday, President Trump, who earlier this year signed an executive order to block states’ regulation of AI, said he opposes the idea of any federal regulations, NPR reports.
“We’re leading China in AI, we’re the most sophisticated country in the world, and frankly, I want to keep it that way because whoever wins AI, wins,” Trump said. “And we can put down guardrails, we can do this and that. But I think you have a lot of forces that are bringing it up that shouldn’t be bringing that up.”
Which means … Even if the Sanders/Casar Ban Artificial Intelligent Act makes it through Congress this week or after the midterms, the Senate will not override a presidential veto.
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Kennedy Center May Close Tuesday – President Trump’s hand-picked leaders of the John F. Kennedy Center for the Performing Arts say the center is close to bankruptcy and the only way to save it is to restore Trump’s name on its façade in order to ensure fundraising efforts, according to a “bleak” 57-page packet distributed to the board and obtained by The Washington Post.
The Kennedy Center’s board, chaired by the president, is to gather in a special meeting Tuesday to consider two resolutions to address a.) the building’s financial crisis and b.) its physical crisis. The center’s officials say they may be unable to make payroll or pay routine maintenance contracts “within a matter of weeks” and argue that putting Trump’s name back on the center could help raise enough money to keep the lights on, according to WaPo’s scoop.
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Russian Drones Strike Near Ukraine-Polish Border – Russia launched drones Sunday at Western Ukraine, just 2 km (1.2 miles) from the Polish border, The Kyiv Independent reports, striking a gas station and a Kyiv-Warsaw passenger train with former CIA Director David Petraeus aboard. The drones came late to miss an earlier train carrying former UK Prime Minister Boris Johnson and other European diplomats.
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Meanwhile, at the Pump – Diesel prices are leaping and bounding across the US, according to AAA’s national average price. Diesel averages $6.2301 per gallon Monday, up 17.45 cents over Friday and $2.5436 higher than it was at the beginning of the US-Israeli war on Iran. Unleaded regular averages $4.3163 Monday, up 2.13 cents over Friday and up $1.5001 over February 27. –Compiled and edited by Todd Lassa
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MONDAY 9/14/26