At least 22 people killed in Pakistan as protesters try to storm US Consulate

“Violent clashes between protesters and security forces in Pakistan’s southern port city of Karachi and in the country’s north left at least 22 people dead and more than 120 others injured as demonstrators supportive of the Iranian government attempted to storm a U.S. Consulate on Sunday

The violence came after the United States and Israel attacked Iran, killing its Supreme Leader Ayatollah Ali Khamenei.

In addition, 12 people were killed and over 80 wounded in clashes with police in the northern Gilgit-Baltistan region when thousands of protesters angered by U.S. and Israeli strikes on Iran attacked the offices of the U.N. Military Observer Group and the U.N. Development Programme (UNDP)”

https://www.yahoo.com/news/articles/least-6-killed-shiites-storm-080203718.html

Ships Stranded at Hormuz: 1 March 2026 Update | Is the Strait Open or Closed?

Shipping in the Strait of Hormuz is limited, but not closed. In the Red Sea, shipping could go a longer way around, but there is no alternative route for shipping in and out of the Persian gulf. This will likely increase the price of oil.

https://www.youtube.com/watch?v=lcdNGlbep1M

Could Iran hit US Air and Naval forces?

Could Iran hit US Air and Naval forces?

https://www.youtube.com/watch?v=Yiv3QkQIYZs

Andrew Ross Sorkin on the Crash of 1929 & The Parallels We See Today | The Real Eisman Playbook

So before regulation, the great tycoons of the era just acted like greedy unethical thieves in financial markets?

https://www.youtube.com/watch?v=Yp6EggtUBYI

D.C.’s Statue of a Confederate General Isn’t What Its Critics Think It Is

“Pike’s bronze likeness was not donated by a Southern historical society or heritage league, nor funded by a Jim Crow–era government. It was privately commissioned by the Scottish Rite of Freemasonry of Washington, D.C., as part of a fundraising effort that began in the 1890s—years before the wave of Confederate monument construction. The statue honors Pike not for his service to the Confederacy but for his postwar work as a legal scholar, philanthropist, and advocate for the rights of indigenous tribes. This is emphasized by depicting him in civilian garb and holding a book rather than wearing his dress blues and brandishing a rifle.”

https://reason.com/2026/02/22/why-did-d-c-reinstall-a-confederate-statue/

Police Drug Tests Are Notoriously Unreliable. They Got This Man Wrongly Charged With Trafficking Fentanyl.

“The well-documented problem with these kits is that the compounds they test for are not exclusive to illicit drugs and are, in fact, found in dozens of legal substances. That is to say, they’re better at telling if something isn’t a drug than if it is one. This is why they’re used in laboratory settings as preliminary screeners. But in the criminal justice system, they’re considered probable cause to make an arrest.

As a result, many people have been arrested for absurd items. Over the years, officers have jailed innocent people after drug field kits returned “presumptive positive” results on bird poop, donut glaze, cotton candy, and sand from inside a stress ball.

Despite appearing easy to use, the tests can still be performed incorrectly or produce muddy results, which leaves suspects’ fates to the subjective opinions of police officers.”

https://reason.com/2026/02/23/he-was-jailed-for-fentanyl-it-was-really-his-legal-prescription-meds/

Trump’s Tantrum Over the Tariff Decision Highlights His Narcissistic Authoritarianism

“Trump appointees who defy the president’s will are showing the courage of their convictions, applying the law as they understand it rather than reflexively deferring to the politician who gave them their jobs. But Trump, who takes it for granted that justices vote the way they do for political reasons, neither understands nor appreciates judicial independence.”

https://reason.com/2026/02/23/trumps-tantrum-over-the-tariff-decision-highlights-his-narcissistic-authoritarianism/

Trump’s New Tariffs Are Probably Illegal Too

“These new tariffs are likely unlawful too.
Indeed, Trump’s own attorneys even admitted as much during the legal battle over the original tariffs.

Trump is leaning on Section 122 of the Trade Act of 1974

Section 122 allows presidents to impose tariffs of up to 15 percent for up to 150 days to “deal with large and serious United States balance-of-payments deficits.”

What’s that? The Trump administration wants to pretend—or perhaps wrongly believes—that it’s the same thing as a trade deficit. It’s not.

A balance-of-payments deficit is an archaic problem that existed before the introduction of floating exchange rates for foreign currencies. Changes made to the international monetary system in the 1970s—changes that Milton Friedman advocated, it’s worth noting—eliminated the circumstances that could lead to a balance-of-payments deficit.

“The United States does not have an international payments problem, fundamental or otherwise, and has not had one since we adopted a floating exchange rate more than five decades ago,” explains Bryan Riley, director of the Free Trade Initiative at the National Taxpayers Union. “Therefore, Section 122 does not give President Trump the legal authority to impose tariffs.”

Just like with the IEEPA tariffs, Trump’s use of Section 122 ignores the plain language of the law and invokes a broad executive power where Congress clearly provided a narrow one.”

https://reason.com/2026/02/23/trumps-new-tariffs-are-probably-illegal-too/