The 2026 midterms aren't shaping up like any other midterm. While analysts obsess over economy and crime, the White House is focused on something else entirely: the rules of the game. Voter ID narrative intensity has hit record levels, and it's not slowing down. Here's what's actually driving this election cycle.

There are no good outcomes remaining in the Iran War, only a range of bad outcomes where pain can be concentrated or diffused over time, but not avoided. The White House must change its thinking about Iran or these next outcomes will be as disastrous as the first.

Two days. Three days tops.

That's how long we have before our grief and rage is transformed into a politically useful symbol instead of action. Again.

New Epsilon Theory contributor Mike Smith delivers a tour de force history of Fed political 'independence' over the years, and how today's Fed Putsch is both similar and different from years past.