The war between the U.S. and Iran has now become nothing more than a classic war of attrition. The key question is: which side will run out of missiles first? Nobody knows the answer to that, but every day that Iran and the U.S. trade attacks with each other brings the answer closer and makes it more critical. In the future, this war will doubtlessly be studied as a new paradigm for modern warfare that is similar but different in one big way to the war being waged between Ukraine and Russia -- since neither Iran nor the U.S. is able to easily and quickly replace their dwindling stockpiles of crucial munitions. Which makes it a textbook example of a war of attrition.

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We have now entered the sprint phase of the 2026 midterm election season, with fewer than 100 days left on the calendar until Election Day. While nothing is guaranteed, up until now it has seemed that the Democratic Party has had the wind at its back, heading into the crucial part of the campaign. But there were worrisome reports in the media for both parties lately, so I thought it'd was high time we take a closer look at the state of things.

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Donald Trump has ramped up his war of choice once again, bombing Iran on a nightly basis while Iran launches missiles at U.S. military installations and other targets in the region. Sadly, four more American soldiers lost their lives as a result of all this crossfire. And the war seems to be escalating, as the Houthis in Yemen have now entered the fray by blocking the strait at the southern end of the Red Sea to any Saudi ships. All of this has caused oil prices to spike above $100 per barrel once again, and gas prices here in America to spike to over four bucks a gallon once again.

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The mainstream political press loves to highlight the differences within the Democratic Party, usually presenting them as some sort of open warfare between opposing factions. But while there are indeed issues that polarize Democratic politicians and voters (support for Israel, for one), there is also an underlying consensus building within the party on a big issue that is much more relevant for most voters. And it has proven to be a winning issue for both progressive and moderate Democrats alike, because it affects everybody.

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As the M.O.U. crumbles, the price of gas is going back up again. That's where America stands with Donald Trump's on-again/off-again war of choice with Iran. The Memorandum Of Understanding that both sides signed less than a month ago now lies in tatters, Trump just announced that U.S. military ships will re-impose the blockade of Iranian ports, and ships passing through the Strait of Hormuz are under attack again from Iran. All of which has spooked the world's oil market, where prices are (once again) rising fast.

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Last week, we warned everyone that July was going to be a sketchy month for us, in terms of our ability to write these Friday columns. So we begin today with a program update. Today's offering is not a complete Friday Talking Points column. It is bare-bones, at best. We're not even really going to attempt reviewing the past week, and we're also not going to write out talking points at the end (although we did complete the two awards sections). Just to warn everyone up front.

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Rahm Emanuel just launched his 2028 presidential campaign -- in Israel. He did so by giving what might be called a "Sister Souljah moment" speech in Tel Aviv, where he delicately tried to thread the needle of addressing the relationship between the U.S. and Israel in a realistic fashion without burning his bridges with either American Democrats or Israeli Jews. That is a challenging thing to attempt these days, which is why Emanuel's speech was such an important political development.

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A surprise announcement shook up the Democratic primary for an open Senate seat in Michigan over the holiday weekend, as Mallory McMorrow announced she was suspending her campaign. This leaves the race as a two-person contest, which will pit a favorite of the Democratic Party establishment against an upstart progressive.

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A paroxysm of hand-wringing and pearl-clutching was set off yesterday, as another Democratic Socialist candidate beat a long-standing Democratic incumbent in a Colorado primary. This likely means there will be at least three new members of the House of Representatives who call themselves Democratic Socialists, which is causing certain political commentators to absolutely freak out.

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If anyone needed any further proof that everything that Donald Trump touches turns to schlock (or worse), this week's opening of the Great American State Fair certainly provided some. The initial idea wasn't too bad a concept -- have all 50 states send an exhibit to the National Mall, and it would capture the spirit of state fairs held every year across America. Sounds kind of fun, actually.

But, of course, with Trump in charge of it, things didn't turn out as well as they could have. And that's putting it mildly. The whole thing was supposed to kick off with a big concert, but when the musical artists realized it was a pro-Trump event (rather than a nonpartisan celebration of patriotism), almost all of them immediately pulled out. So Trump, in a hissy fit, said that he'd give a speech instead, with the handful of the few musical artists still willing to perform for him also featured.

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