The noose is tightening around Iran’s economy, and not even Iran’s so-called allies can save it. The Department of the Treasury will not relent until the Iranian regime’s coffers are empty and every remaining financial lifeline sustaining its war machine has been severed.
My dear American friends, in my last post I showed you a number that should terrify you: 70% of Millennials say they're pro-socialist. Today I want to show you why. Not with emotion. With pure logic. Step by step, A plus B, until the conclusion is impossible to escape.
Adults, this one is for you. Read it, then explain it to the young people in your life.
Start with Peter Thiel. Years ago he summed up our era in one line: we wanted flying cars, instead we got 140 characters. His thesis is that since the early 1970s, the world of bits has kept racing forward while the world of atoms has stalled. Computers, phones, software, the internet: incredible progress. Housing, energy, transportation, medicine, education: stuck. We build almost nothing physical faster or cheaper than our grandparents did.
Why would progress stop in some places and not others? Same country, same people, same capitalism. The only thing that differs is how much the state is involved.
Here is the proof.
Step one: look at prices. Since 2000, in America, the price of TVs has fallen by more than 90%. Software, phones, toys, clothing: cheaper and better every year. Over the same period, college tuition, hospital services, childcare and housing have more than doubled.
Step two: look at which is which. The goods getting cheaper are the ones where companies compete freely and the state mostly stays out. The goods exploding in price are the ones where the state regulates the most, subsidizes the most, or controls who is allowed to sell.
Step three: look at what young people complain about. They don't complain about TVs. They complain about rent, student debt and healthcare. Exactly the three sectors the state controls the most.
That's not a coincidence. That's a pattern. Let's go one by one.
Housing. In many American cities, most residential land is zoned for single-family homes only. Building an apartment building can take years of permits, hearings, environmental reviews and lawsuits from neighbors. When you make it nearly illegal to build, supply can't keep up, and prices go up. The young don't have a capitalism problem. They have a permission problem.
Education. Washington hands out loans without asking whether the degree is worth it, so universities raise prices because they can. The money doesn't go to better teaching. It goes to layers of administrators that have grown faster than the faculty. And the accreditation system makes it extremely hard for a new, cheaper school to compete. The incumbents are protected. The students pay.
Healthcare. In many states, if you want to open a new hospital or even buy a new MRI machine, you need a "certificate of need," permission from a board where your future competitors often have a say. The number of residency slots that train new doctors is effectively capped by Medicare funding. Getting a new drug approved costs billions. Every rule adds a layer. Every layer adds a cost. Every cost lands on the patient.
Energy. America built dozens of nuclear reactors in the 1970s. Since then, only a handful, years late and billions over budget. Not because physics changed. Because the rulebook did.
Now step four, the most important one. Who benefits from all these layers?
Not the young. Not the poor. The incumbents. The big hospital systems, the big universities, the big developers, the big pharma companies, the big unions. Every complex regulation is a wall that only the giants can afford to climb. So they lobby for more of it. They fund the politicians who write it. They hire the regulators when they leave office. That's not capitalism. That's cronyism. Capitalism is a newcomer allowed to compete. Cronyism is an incumbent paying the state to stop him.
Step five: so what do young people see? They see prices going up, a system rigged for insiders, and no way to build anything for themselves. Their anger is legitimate. Their diagnosis is wrong. They look at the result of the state's capture and call it capitalism.
Step six: and what cure are they offered? Socialism. Which means giving the state even more power over housing, education, healthcare, energy. Giving the keys of the house to the exact institution that locked them out of it.
Follow the logic to the end. If regulation creates cronyism, then total regulation creates total cronyism. If a little state control makes things expensive, total state control makes them scarce. That's not theory. The Soviet Union had a ruling class with its own shops, cars and dachas while ordinary people stood in line for bread. Stalin's collectivization caused a famine that killed millions in Ukraine. Mao's Great Leap Forward caused a famine that killed tens of millions. Venezuela went from one of the richest countries in Latin America to a nation where millions fled. Every time the state got all the keys, the insiders ate and the people starved.
So here's the conclusion, and there's no escaping it:
Where entrepreneurs are free to compete, prices fall and life gets better. Where the state controls, prices rise and insiders get rich. Young people are suffering in the sectors the state controls. Socialism means handing the state everything. So socialism gives you more of the very thing that's hurting you.
The enemy is not capitalism. The enemy is a state captured by insiders, blocking the builders who would solve your problems.
Adults, this is your job now. Don't tell the young they're stupid. Don't tell them their anger is fake. Tell them they're right to be angry, and show them where to aim it. Ask them: what got cheaper in your lifetime, and what got more expensive? Who controls each one? Let them do the math themselves.
The real counter-revolution isn't against the young. It's with them. Free the builders. Let people build homes, open schools, open clinics, build reactors. Give the next generation a stake in the system, and they'll defend it with their lives.
I come from your future. We gave the state the keys. Don't make the same mistake.
Some people say Trump is only in it for himself.
The man was a billionaire. He did not need this job. He took a bullet for it.
Say what you want, but nobody goes through all that for a paycheck.
Are we fighting the wrong war heading into the 2026 midterms? 🇺🇸
Mike exposes why the polls always miss the bigger picture—and what Trump, George Washington, and Alexander Hamilton reveal about leadership, political warfare, and the American System.
Screw the issues. Fight for the soul.
Bernie Sanders says the top 1% owns more than the bottom 93%, that fewer than a thousand billionaires got $2.2 trillion richer last year, and that it's "obscene."
It's the most seductive and most wrong economic argument of our time. Let me explain why.
First, wealth distribution follows a power law. Always. Everywhere. Books, music, startups, followers on X, goals in soccer. A small minority captures most of the value. That's not a bug of capitalism. It's the mathematical signature of every system where value gets created.
So the only question that matters isn't "how big is the rich's slice?" It's "is the cake growing, and is the slice of the poorest growing with it?"
And the answer is yes. In 1990, more than one human in three lived in extreme poverty. Today it's about one in ten. During exactly the period when billionaires multiplied.
Bernie shows you the slice. He never shows you the cake.
Second thing he won't tell you: past a certain level, wealth stops being consumption. It becomes capital allocation.
Elon Musk isn't sleeping on a pile of cash. He owns stakes in Tesla, SpaceX, xAI. Jeff Bezos owns Amazon stock. That "$2.2 trillion" isn't sitting in a checking account. It's factories, rockets, data centers, millions of jobs. Nobody can eat $100 billion. You can only decide where to invest it.
Once you understand that, the whole debate changes. The real question becomes: who allocates capital better?
The people who built Amazon, SpaceX and Nvidia? Or politicians?
A 5% wealth tax isn't "taking money from the rich." It's taking investment decisions away from people who proved they can create value and handing them to people who proved the opposite.
Because the fundamental difference between an entrepreneur and a politician is consequences.
The entrepreneur invests his own money. If he allocates badly, he loses everything. The market corrects him brutally, no appeal. That's why most startups die: the system kills bad decisions.
The politician invests other people's money. If he allocates badly, nothing happens. Worse, he gets a bigger budget to "fix the problem."
Milton Friedman put it better than anyone. There are four ways to spend money. Your money on yourself: you care about price and quality. Your money on others: you care about price. Others' money on yourself: you care about quality. Others' money on others: you care about nothing.
Government is the fourth box. By design.
Perfect example: California high-speed rail. Approved in 2008 for about $33 billion. Current estimated cost: over $100 billion. Passengers carried: zero. No entrepreneur would have survived that. The politicians who pushed it built careers on it.
And when allocation has no consequences, it eventually finds a buyer. A politician who controls billions without accountability becomes the most profitable target in the world for anyone who wants to steer that money.
The irony is that the left that rails against billionaires is itself funded by billionaires. George Soros is one of the biggest Democratic donors in history. The Gates Foundation shapes public health policy across the planet.
Politicians don't fight billionaires. They pick their own. The ones who fund the state over the ones who compete with it.
So if we actually want fewer poor people, we have to stop judging ideas by their intentions and start judging them by their results. And the results are brutally clear.
China, 1978: Deng Xiaoping opens the economy to markets. More than 800 million people escape extreme poverty. The largest retreat of misery in human history. Not through redistribution. Through the freedom to build.
India, 1991: liberalization. Same movie.
South Korea and North Korea: same people, same language, same starting point in 1953. One became one of the most advanced economies on earth. The other has famines.
Poland and Ukraine: comparable living standards in 1990. Today the average Pole is more than three times richer than the average Ukrainian.
Argentina: a year and a half of liberalization, and the poverty rate falls from over 50% to around 30%.
No country in history escaped poverty by punishing the people who build. Every single one did it by letting them build.
And if you want to see what Bernie's program looks like in real life, you don't have to imagine it. It exists. It's called France. We've been running it for 45 years.
Mass nationalizations in 1981. Two years later, Socialist president Mitterrand has to reverse course into austerity.
Retirement at 60. The 35-hour workweek.
A wealth tax for 35 years. Hundreds of wealthy households left every year for Belgium, Switzerland, London, taking their capital, their companies and their future taxes with them. Macron finally scrapped it in 2018.
Hollande's 75% tax: raised a few hundred million, drove talent out, abandoned after two years.
One of the highest tax burdens in the OECD. Public spending around 57% of GDP, a record in the developed world.
Last balanced budget: 1974. Public debt: over €3.4 trillion. Mass unemployment for four decades.
If taxing the rich and growing the state made people prosperous, France would be the richest country on the planet.
It isn't. GDP per capita in France is barely more than half of America's. It's lower than Mississippi, the poorest state in the US. Not a single global tech giant. Our best engineers build Silicon Valley instead. I've been going back and forth between Paris and San Francisco for years. I see it every week.
And California is about to replay the movie. Prop 40, on the ballot November 3rd, would take 5% of billionaires' net worth. Even Gavin Newsom, a Democratic governor, opposes it. The state's own nonpartisan budget analyst warns that income tax revenue could drop every year if the wealthy leave. Larry Page, Sergey Brin and Peter Thiel have reportedly already started moving their assets out.
You don't fight poverty by shrinking the top. You fight it by growing the cake.
Bernie wants a society where nobody has too much. I want a society where nobody has too little.
The first has been tried everywhere and produces equality in stagnation. The second lifted a billion people out of misery.
Choose.
@ALeaument Outrage about exit options doesn’t create jobs or growth. Better rules that keep productive people here do.Universal taxation may catch some leavers, but it doesn’t fix the incentive problem it just makes the system more complex while activity still leaves.
Ilhan Omar should be deported, I said this 2 weeks ago. All these subversive muslims should be deported. If they hate America so much the answer is simple… Go somewhere else! Go back to your own shit hole countries. I’m sick of the patty cake!
Royce White for President
Mass Deportations, 25 Year Moratorium!
Full Interview: https://t.co/umQp3BbPGS
ALERT RED STATE FLORIDA: ISLAMIC AND PAKISTANI INFILTRATION!
The Pakistani Muslim Democrat we exposed seven years ago is now YOUR Republican nominee.
Imtiaz Mohammad switched parties in 2022, ran unopposed in the 2026 Republican primary, and landed on a Florida GOP congratulatory flyer.
Did anyone check his record? Just listen to how he speaks about Floridians and our incredible country!?
Now he wants to represent Florida House District 103.
He backed Bernie and the Squad, donated to Hillary, and advocated abolishing ICE and making Florida a sanctuary state.
Broward Republicans dropped him from a voter guide in 2024 after public objections. Now the state GOP is promoting him.
In June, he partnered with WhyIslam, ICNA’s outreach arm. A former senior ICNA leader was convicted in absentia of murdering 18 people.
In July, he posted campaign photos from the notorious Darul Uloom, the mosque where he made his anti-America remarks, where convicted terrorists studied or taught, and where al-Qaeda operative Adnan el-Shukrijumah led prayers.
He also condemned DeSantis’s CAIR terrorist designation.
Florida GOP: Who vetted him? Remove him from your promotional materials.
RAIR warned you in 2019. Why are you congratulating him in 2026?
How exactly did this happen - the ISLAMIZATION OF RED STATES MARCHES ON!
I’m French. I want to talk to Americans who are about to vote Democrat. Not to insult you. To warn you.
I come from your future.
In France we did everything your progressive politicians promise. Free healthcare, free college, generous welfare, strong unions, heavy regulation, high taxes on the rich, a state that takes care of everything. Public spending close to 57% of GDP, one of the highest on the planet. On paper, it’s the dream.
Here’s what it looks like from the inside. France hasn’t passed a balanced budget since 1974. Our debt is above 3,300 billion euros. Interest on that debt is becoming one of the biggest items in the national budget. Our hospitals are collapsing despite record funding. Our schools rank lower every year. Young people with degrees can’t afford an apartment in the city they were born in. Our best engineers leave for London, Zurich and San Francisco. And the rich you wanted to tax? They left too, and took the jobs with them.
The promise was protection. The result is stagnation.
The worst part is that nobody in France voted for decline. Every single step sounded generous, compassionate, reasonable. One more program. One more regulation. One more tax to fund it. Each step alone makes sense. Fifty years of them, and you wake up in a country that can no longer build a nuclear plant on time or keep its streets safe.
I love America because it’s the one place on earth where people still believe they can build something from nothing. I came to Silicon Valley as a self-taught kid and it changed my life. That spirit is the most precious thing your country has.
Before you vote, ask yourself one question: is the program you’re voting for making America more like America, or more like France?
Trust me. You don’t want to be France.
To my American friends, from a Frenchman. From a European. Before you vote in the midterms, let me give you some perspective, because we've already lived the movie you're being sold.
The Soviet Union promised equality and delivered gulags, famine, bread lines, and a state that lied about everything. Solzhenitsyn spent his life documenting it. Tens of millions dead, and an entire people taught that truth was whatever the Party said it was. Nobody votes for that on day one. You vote for "a little more state," "a little more redistribution," "a little more control over what you can say." It's a slope, not a cliff.
France is what the middle of that slope looks like. One of the heaviest tax burdens in the developed world. Public spending around 57% of GDP. A state that touches everything and fixes nothing. Schools set on fire during riots. Insecurity so normal that people stop reporting it. Engineers, founders and doctors leaving every year for London, Dubai, Lisbon, or your country. And worst of all, a whole generation that no longer believes tomorrow can be better than today. That's what kills a country. Not one bad law. The death of hope.
I build my company between Paris and San Francisco. I know exactly where ambition is welcomed and where it's punished.
You have something we don't: Elon Musk on your side. Please, listen to him. A man who voted Democrat most of his life didn't switch sides on a whim. He saw something coming. We in Europe are already living it.
Don't hand back even part of the keys. We did. Look at us.
@realphilhendrie What's the specific principle you're trying to demonstrate with this hypothetical? Because depending on the assumptions, I can interpret it in several completely different ways?
My post about France went viral. Thousands of likes. Many Americans told me: "Democrats aren't socialists. America will never be France." I want to answer that seriously, step by step.
Start with a simple observation. Look at what has gotten cheaper in America over the last 25 years: TVs, phones, software, clothes, toys. Now look at what has exploded: college tuition, healthcare, childcare, housing.
What separates the two lists? The first lives in competitive markets. The second is exactly where government is most involved: subsidies, mandates, licensing, zoning, regulation.
College. Washington lends students almost unlimited money. Universities know the money will always come, so they raise tuition and hire more administrators. The student pays the bill for twenty years. More government money, higher prices.
Housing. Why can't a nurse buy a home in the city where she works? Not because of capitalism. Because of zoning laws, permits, environmental reviews, years of procedure to build a single building. The most expensive places to live in America are the places where it's hardest to build. When building is nearly illegal, prices explode.
Healthcare. The patient almost never sees the price. A third party pays, regulations limit who can compete, and costs climb year after year with no one able to say no.
So here is the trap. The problems you suffer from are not the failure of free markets. They are the places where the market has already been replaced by the state. And the solution you're being offered is more of the same.
That's the Trojan horse. It always works the same way. A real problem. A generous-sounding promise. A program that makes things worse. Then the failure of that program becomes the argument for the next one. People who lived under communism in Poland learned to recognize the lie and the mask the lie wears. The lie never presents itself as a lie. It presents itself as compassion.
In France we are at the end of that road. Debt we can never repay. Young people who can't afford a home. Our best people leaving. And every few years our cities burn. Nobody voted for this. They voted for one more generous promise, fifty years in a row.
If you're a Republican, share this with the Democrat in your life. Not to win an argument. To start a conversation.
If you're a Democrat, I'm not asking you to switch teams. I'm asking you to look at the pattern. Wherever the state took over, life became unaffordable. Don't fix the failures of government with more government.
Stay American. Ask for less state, not more.