Why isn't oil at $200? Because "someone" keeps dumping oil futures all night long, and the CFTC refuses to look into it. Heck, even when it's clear-cut insider trading, the CFTC has been told to "back off," and they did. bloomberg.com/news/features/…

America & The House Next Door The first time I understood what America meant, I was standing on a beach on Long Island. My grandfather had come to America as a Hungarian immigrant fleeing the Holocaust. He arrived speaking little English. He installed carpets in hotels, built a business carpeting many of them, and changed the circumstances of his family. By the time I was a boy, he owned a waterfront house. It had pear trees, boats and a beach. I thought of it as the trophy of his success. A few years later, a heart surgeon bought the house next door. He was African American, a rarity along that beach. I was eight years old. I didn’t have the language for what I was seeing. I knew only that people treated the doctor with great respect. He had devoted his life to becoming exceptionally good at helping other people. We shared a beach. In the evenings, he would go fishing, and I would be his assistant, grabbing lures and handing him clips. We fished together. My grandfather and the surgeon gave me two versions of the same lesson. My grandfather had crossed an ocean with almost nothing and built a life. The doctor had become one of the most skilled people in the most demanding profession I could imagine. People respected him for what he could do for them. I did not think of this as politics. I did not think of it as capitalism. I thought it was how the world worked: a person’s beginning did not have to determine the ending. That belief shaped how I saw my own life. It also shaped how I understood America. The idea America has offered the world is simple and powerful: people can change their circumstances through creativity, intelligence and hard work. Birth matters. Luck matters. The obstacles are real. But they do not have to be the final answer. For generations, people around the world have looked toward America as a place where that possibility could be tested. They came carrying different languages, histories and hopes. They believed their children might have choices they did not. That belief is larger than any one family. It is a promise to every child who has been told that their starting point defines their future. America’s importance to the world has never rested on its wealth or power. It has rested on the example of human agency: the ability to make something, learn something, serve someone, and change the shape of a life. That promise is not automatic. A waterfront house does not prove that every person has the same chance. A heart surgeon’s success does not erase the barriers he crossed. My grandfather’s achievement does not make his journey easy. The point is that their lives were not fixed by where they began. They could act. Their work could matter. Their choices could open a future. That is the fundamental promise we have to preserve—and make real for more people. When institutions close paths to opportunity, when tax policy targets people who generate active income, and when concentrated power turns the economy into a system of extraction, children stop believing that effort can change anything. When voters are given increasingly awful choices, that loss reaches beyond one family or one country. It weakens the foundational idea people everywhere have looked to America to represent. I think about those two houses on the water. One held the story of an immigrant who built a life after surviving catastrophe. The other held a Black doctor who had devoted his life to saving people. I was a boy on the beach between them. They made the American promise visible to me. The world does not need America to be perfect. It needs America to keep proving that a person’s circumstances can change—and that what a person creates for others can change the course of a life.