For a little over a week now, America's military might has been called into action to defend our airspace against... balloons. This has led to a frenzy of speculation about what, precisely, is going on up there. It even sparked a bit of a U.F.O. craze of the type not seen since at least Close Encounters Of The Third Kind came out, if not the original U.F.O. craze of the 1950s. This is pretty absurd when you think about it, though, since if advanced civilizations were indeed monitoring humans, you'd think they'd have slightly-more-sophisticated aircraft to do so than the one which travels the slowest and is the easiest to shoot down. But because the tally is now up to four such objects shot out of North America's skies, I thought I'd share my own ballooning thoughts today (pun very much intended).

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President Joe Biden achieved -- in public and on national television -- a seemingly-impossible feat this week, as he vocally unified all of Congress in support of the long-held Democratic goal of protecting Social Security and Medicare from having their budget slashed by Republicans. That was pretty astonishing to see, you have to admit, since Republicans have been attacking Social Security since before Joe Biden was born (which is really saying something, considering he's about as far from a spring chicken as you can get). But suddenly they decided en masse to take exception with this fact, and loudly protested when Biden pointed out what they've essentially been saying for decades and decades. So Biden welcomed them into the fold of politicians who do fight to preserve the safety net, gleefully proclaiming he had achieved "unanimity." This was a warning to the Republicans that the subject of cuts to Social Security and Medicare were now officially off the table. Rarely has so major a bit of political bargaining worked so effectively during a State Of The Union speech. Which is why it was all so astonishing to watch.

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Next Tuesday night, President Joe Biden will deliver his State Of The Union speech to a joint session of Congress. Today, he got some good news he will without doubt be touting in this speech -- the unemployment rate is not just low, not just "lower than it ever hit under Donald Trump," but historically low. The last time the unemployment rate was a mere 3.4 percent was in 1969, before we sent any men to the moon. If it falls any further, we'll have to go back to 1953 to find a similar number. So we certainly expect this to be prominently featured next Tuesday night.

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Welcome back to the second of our year-end awards columns! And if you missed it last Friday, go check out [Part 1] as well.

As always, this is long. Horrendously long. Insanely long. It takes a lot of stamina to read all the way to the end. You have been duly warned! But because it is so long, we certainly don't want to add any more here at the start, so let's just dive in, shall we?

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Twelve years ago, I wrote about an obscure subject that I felt needed a lot more attention. So I was happy today to see as a lead story on the Politico site a cheerful update to that story. And since I am currently busy as a beaver reviewing the past year in preparation for my year-end awards columns, I thought it would be a good day to revisit an older column (warning: tomorrow might see a rerun column as well).

The obscure subject in question is the mining and production of rare earths. These are elements that used to only have specific uses in consumer products (making television screens that had the reddest of reds, mostly), but these days are essential in all kinds of high-tech equipment, from the phone in your pocket to military jet fighters and missiles.

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We were reminded of an old political saying this week: "Only Nixon could go to China." Only a president who was long known as a staunch anti-communist warrior could open up American relations with communist China in the depths of the Cold War, without being painted as some sort of pinko/commie back home. This week's update might read: "Only Biden could pardon weed crimes." Joe Biden, before he became Barack Obama's vice president, had spent much of his life in the Senate being the biggest, baddest drug warrior around. He actually coined the term "drug czar" and worked with the Reagan administration to make the Office of National Drug Control Policy a reality. He's never been pro-legalization in any way, a fact that didn't exactly help him in the 2020 Democratic primaries. But there he was yesterday, taking the first steps away from the War On Weed that any U.S. President has ever taken.

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The irony is delicious, we cannot deny it. A man who rose to power by leading chants of: "Lock her up!" against his political opponent (for mishandling classified documents -- a man who later signed a law making the offense a felony with up to five years' prison time) is now in the process of being hoist by his own petard. So it's been a rather schadenfreude-y kind of week.

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There were two major events in politics this week which will have a profound effect on the upcoming midterm campaigns. The first was the stunning victory in the Kansas primary of the anti-forced-birth position on an abortion referendum -- which passed with a jaw-dropping 59-41 percent margin in a very red state. The second was Senate Democrats finally achieving unity by all agreeing to the "Inflation Reduction Act" budget reconciliation bill. Majority Leader Chuck Schumer has refused to let the Senate begin their month-long August vacation and is planning the first vote on the bill tomorrow, with all the other arcane floor events to follow, so the final passage could come early next week.

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Speaker of the House Nancy Pelosi is visiting Taiwan, considered by many to be a highly provocative act. Mostly because it openly highlights the diplomatic fiction that has existed in one form or another for 73 years (and counting). The fiction is that there is "only one China." Now, there was indeed one China in the past -- and there may also be one China in the future. But for almost three-quarters of a century, there have been two Chinese governments, both of them claiming exactly the same thing: that they are the real and legitimate government of all of China. But this is not true (no matter which one of them sits at the United Nations) -- it is fictional. The Chinese Communist Party (C.C.P.), which governs the mainland it calls the Peoples' Republic of China (P.R.C.), also claims the island and territories of Taiwan as its own. The Republic Of China (R.O.C.), which governs Taiwan, also claims all of mainland China as its own. Neither is right -- their saying so is fiction, pure and simple.

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The conventional political wisdom all year has been that the Republicans were going to have a big "red wave" midterm election, which would mean Democrats would lose lots of seats pretty much everywhere -- the House, the Senate, and governors' offices. This idea was formulated back when the voters were worried about different things than they are now, however, because life (and politics) is not static -- constant change is the only thing that stays the same. We are just under 100 days until this year's election, which means there is still time for the public's focal point to change even further, as unforeseen events pop up. But it's worth taking a look at how things have shifted over the past few months, because things are looking decidedly better for the Democrats.

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