There has been a very dangerous development in the Los Angeles protests, although so far it seems to be a series of isolated incidents as opposed to any sort of blanket policy. Journalists covering the protests and the police response have been targeted by police using what is now being called "less-than-lethal" weapons (non-lethal rounds such as rubber bullets). And so far, it appears that this targeting has happened not from the members of the National Guard or U.S. military (who have now been deployed, in a serious escalation of the situation by Donald Trump) but rather from local and state police forces. Which is almost more worrisome, since it can't be chalked up to the federal militarization of the response to the protests.

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We seem to be quickly headed for a confluence of events that is going to produce a rather shocking split-screen moment next weekend. We could be simultaneously watching a parade that is ostensibly being given for the celebration of the U.S. Army's 250th anniversary, while we also watch the national military being deployed on the streets of American cities. That's a jarring contrast, you have to admit.

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The world's richest man and the world's most powerful man got into an online fight yesterday, which began when Elon Musk tweeted out: "Donny Trump is a poopyhead!" -- to which Donald Trump immediately responded: "No YOU'RE the poopyhead Elon!!!"

Well, no. That's not actually how it happened. But it's not that far from the reality, sad to say.

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While I do realize that a very entertaining playground fight between the world's most prominent schoolboys is currently raging, I am going to exercise a monumental amount of restraint and not address the dustup between Elon Musk and Donald Trump today. Besides, by tomorrow, there'll probably be several more amusing developments to talk about, right?

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So there's a public gathering in Washington this week that aims to fix what's wrong with the Democratic Party. It is called "WelcomeFest" and is yet another effort to make the party "more moderate" (they talk of being "partisan centrists"), while admittedly trying to emulate the amount of energy from the progressive side of the party. One of the founders of the "Welcome Party" summed this up: "We respect the very robust and multifaceted effort on the progressive faction of the party over the last few years. They had a lot of clear coherency behind it, and there was a lot of action. We are essentially just trying to emulate that faction of the party." However, one has to wonder what they really mean when they talk of being centrists and moderates, since the lion's share of the funding behind the effort comes from Democratic deep-pocket donors, instead of being supported by any sort of authentic grassroots effort.

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This week, Wall Street figured out something about Donald Trump (that Vladimir Putin has known for quite a while now) and gave it a catchy name: "TACO." This stands for: "Trump Always Chickens Out."

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There are two basic ways to successfully deal with a bully: you can stand up to him, or you can laugh at him. Wall Street is apparently now taking the second route, as traders openly ridicule Donald Trump.

There's a new acronym making the rounds on Wall Street: "TACO," or (more specifically) the "TACO trade." It stands for "Trump Always Chickens Out," and it refers to the resilience of the markets after a cycle which is becoming more frequent in Trump's tariff war. The cycle starts when Trump, in a fit of pique, announces insanely-high tariffs will be levied. The market then tanks. Trump then backs off and announces he will be "pausing" the tariffs, or severely rolling them back. The market then gains back what it had lost.

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Since today is Memorial Day, I'd like to begin with a remembrance of our most forgettable war, the War of 1812. How forgettable was this war? Well, its bicentennial passed by a few years ago, but the country as a whole took little notice. That's pretty forgettable, as these things are measured. In fact, only one event during this war has become what one might call (if one were in the mood for a pun) a "Key" moment, but more on that in due course.

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Once again, the Republican Party has laid out its real agenda, in the form of a federal budget. And once again, they have proven what their real priorities are: cutting taxes on the wealthiest Americans no matter what -- no matter who has to pay for it, or how.

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Disasters happen. It's a fact of life. Mother Nature occasionally decides to wreak havoc, and there's not a whole lot humanity can do about it. Steps can be taken to mitigate the worst features of a disaster (such as strengthening building codes), people do what they can to cope with disasters when they strike, and then the affected area goes through a phase of recovery and rebuilding after the disaster is over. Natural disasters can't be prevented, but we do everything we can in their aftermath to ameliorate the suffering. That's the way it is supposed to work, in any case.

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