We know what’s coming and we are prepared.
>Imposes a 3.8% investment tax on top of state income taxes (HB378)
>Allows every locality to raise the state sales tax by 1% (HB334 & SB66)
>Raises the sales tax for Stafford County (HB1000)
>Rounds up all state and local taxes by the nearest 5-cent increment (HB954)
>Allows localities to outlaw gas-powered leaf blowers (HB881)
>Imposes a new personal property tax on electric-powered lawn equipment (HB557)
>Limits the ability to use self-driving or autonomous vehicles (HB1124)
>Allows state and local government to implement traffic and speed cameras (HB1330 & HB994)
>Puts speed cameras on state highways (HB1220)
>Requiring a license to buy a firearm (HB1359)
>"Assault weapons" ban (HB217)
>Strips gun rights from anyone convicted of a misdemeanor "hate crime" (HB1015)
>Making it illegal to shoot a firearm on lot sizes less than 5 acres (HB926)
>Expands "gun-free zones" (HB626)
>Shrinks concealed-carry reciprocity with other states (HB24)
>Holds firearm manufacturers liable for gun deaths (HB21 & SB27)
>Imposes an 11% sales tax on all firearms and ammunition (HB1094)
>Imposes a $500 sales tax on firearm suppressors (HB207)
>Drastically raises the physical requirements to operate a firearms store (HB907)
>Makes it harder to obtain a concealed carry permit (HB916)
>Creates a new taxpayer-funded state propaganda "center" for the sole purpose of promoting gun control (HB969)
>Ends qualified immunity for police (HB 1314)
>Targets ICE by banning the use of facial coverings by law enforcement officers (HB7)
>Makes ICE agents liable for civil lawsuits filed by illegal aliens (HB1314)
>Prohibits ICE from arresting illegal migrants outside of courthouses (HB1265)
>Establishes a state propaganda commission to publicize the supposed negative impacts of ICE raids in Virginia (HB1264)
>Creates a state-mandated playbook for how schools must respond to ICE showing up on their campus and bans school employees from assisting ICE (HB1260)
>Unionizes government employees and gives them collective bargaining rights (HB1263)
>Unlimited taxpayer-funded home purchases for government employees (HB164)
>Preferential hiring in State government for Federal employees laid off by DOGE (HB494)
>Defers property taxes for Federal employees during shutdowns (HB915)
>Hikes Minimum Wage to $15/Hour (HB1)
>Eliminates the minimum wage exemption for farm workers (HB20)
>Mandates the hiring of a new bureaucratic position ("Career Coach" ) in every single public school (HB138)
>Mandates "mental health screenings" for all public school students between 6th and 12th grade (HB355)
>Drastically curtails home school and private school independence from the Virginia Department of Education (HB359)
>Raises the salaries of school board chairs and vice-chairs (HB382)
>Free public school education for illegal aliens (HB912)
>Allows out-of-state Indian tribe members to receive in-state tuition (HB287)
>Lets students graduate high school despite failing grades (SB147)
>Eliminates nearly all academic benchmarks for college students to continue receiving financial aid (SB167)
>Somali daycare fraud pilot program (HB259)
>Expands the eminent domain powers of the Virginia Passenger Rail Authority (HB446)
>Reclassifies Solar farms as an "agricultural operation", thus granting it protections under the Right to Farm law (HB1091)
>More than triples financial penalties from the Department of Environmental Quality to comply with environmental regulations (HB1350)
>Mandates all localities adopt an "environmental justice plan" (HB256)
>Allocates $100 million in taxpayer funding for the production of "sustainable aviation fuel" (HB1230)
>Eliminates the ability of a health insurance provider to charge a premium for smokers (HB220)
>Adds a new insurance mandate to cover over-the-counter condoms (HB1182)
>Mandates "unconscious racial bias" trainings for nurses to retain their license (SB22)
📎 Christian Heiens
Speaking at the WEF, Savor CEO Kathleen Alexander boasts about how her company is "saving the planet" from the evils of agriculture by replacing real butters and oils with synthetic versions made from carbon dioxide and methane. 😳
"Savor is part of bringing transformation to the food system by re-imagining how we make an entire macronutrient—fats and oils."
"The result is that we can dramatically lower the planetary footprint of our food system."
"Our food system today uses about 50% of the habitable land on the planet. It's 20-30% of our greenhouse gas emissions."
"And we can reduce all of those by 50-100%."
Source
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🌆 Market News Digest
[July 3, 2026 EST]
🔥 Top Stories
• Middle East risk flares — IDF hits Hezbollah sites in south Lebanon; Houthis threaten Saudi assets; France deploys naval/mine-countermeasure assets near Hormuz.
• U.S. oil market scrutiny — DOJ/FTC say they’re monitoring crude for price-fixing/collusion as Brent settles at $72.12/bbl.
• Trump pardons saga — Trump signs pardons for six and faces fresh scrutiny after NBC reported undisclosed stock purchases before tariff pause.
⛽ Oil & Energy
• Gulf crude exports topped 10M bpd in June but remain ~40% below pre-conflict levels; Fitch flags ongoing Iran/Mideast risk to corporates and oil forecasts.
• CMA CGM warns Hormuz transit charges would be “devastating”; Airbus says defense cooperation remains pressured.
📊 Markets & Macro
• Germany’s 2027 draft budget lifts borrowing to €203.7B and spending to €555.4B; euro equities firm with DAX +0.85%.
• ECB/BoE message: inflation still the focus, but Bailey says UK ...
🇮🇷🏆🇺🇸 Iran Is a Bigger Defeat Than Vietnam | Foreign Policy
At his second inaugural, U.S. President Donald Trump pronounced his hope “that our recent presidential election will be remembered as the greatest and most consequential election in the history of our country.” By losing his Gulf war, Trump has achieved that goal. His choice to launch a campaign against Iran was encouraged by others, but fully his own. It has led to a reversal that marks a strategic calamity far greater than the U.S. defeat in the Vietnam War.
Defeat in the Iranian war looks, on the surface, nothing like other U.S. military defeats. The speed of the war and its remoteness have lent an air of unreality to the whole endeavor. The White House has not been burned, as it was in 1814; there have not been protests against a nonexistent draft. The absence of substantial U.S. casualties in this conflict also masks the scale of the U.S. defeat. To be sure, the war has been deadly: Thousands of Iranians, ...
According to The Wall Street Journal, Donald Trump reviewed military options for a full-scale war against Iran to “finish the job,” but has decided, for now, not to move forward.
The report says Trump is concerned that renewed military conflict could hurt the chances of a diplomatic resolution and of dismantling Iran’s nuclear program, and that he’s shown willingness to let indirect talks in Qatar run past the August 18 deadline. He is said to be fine with continuing limited strikes on Iranian targets if Tehran violates the current temporary deal - as it already has, repeatedly.
How are those negotiations going?
Not well. It seems JD Vance’s “historic” face-to-face achievement was a one-off. Washington has been quietly downgraded from talking to the Great Satan to negotiating with the Little Satan instead - a senior Qatari official confirmed that U.S. envoys Steve Witkoff and Jared Kushner met Qatari officials in Doha, but there are currently no high-level U.S.-Iran meetings ...
