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MILLENIALS SET TO INHERIT TRILLIONS, THEN WHAT?

Millennials Are Set To Inherit Trillions—but for Most, It Will Come Too Late

Realtor.com

The cruelest part of the Great Wealth Transfer may be its timing.

An estimated $124 trillion will pass between generations through 2048. But by then, even the youngest millennials—one of the generations expected to inherit the most—will be 52. The oldest will be 67.

That may be early enough to cushion retirement, but decades too late to really change a person’s financial trajectory.

Recent research from Realtor.com® found that buying a first home by age 30 can compound into a 22.5% higher net worth by age 50 than waiting just 10 years to buy. By 52 or 67, that compounding advantage has closed entirely. Even the youngest Gen Zers will be past this window by 2048.

“An early transfer doesn’t pay one dividend; it changes which financial decisions a family is even able to make for the rest of their lives,” explains Barry E. Janay, principal and owner of The Law Office of Barry E. Janay.

Some families appear to be acting on that reality. A recent survey found that 59% of parents have provided or plan to provide financial assistance to their children, including down payment contributions, cash gifts, and closing-cost help.

And that timing is becoming one of the most consequential divides in today’s economy.

In a stagnant, high-cost era, early family transfers are helping some Americans buy homes, avoid debt, stay employed, and build wealth decades before a traditional inheritance would arrive—deepening the divide between those who receive wealth in time to use it and those who inherit too late.

Early inheritances are helping fill gaps in a stagnant economy

None of this is happening in a vacuum, to be sure. Younger adults are entering prime earning, family-forming, and homebuying years in an economy where many of the basic entry costs of adulthood remain stubbornly high.

The unemployment rate for workers aged 16 to 24 was 9.5% in April 2026, more than double the overall unemployment rate. At the same time, Bank of America found that 42% of Gen Z adults live paycheck to paycheck, while nearly half cite the high cost of living as a top barrier to financial success.

All of that is putting pressure on older generations and their assets.

“There seems to be immense pressure felt by many grandparents who are in the upper middle class in particular to help the younger generations maintain higher standards of living and social access in these various ways,” says Jennifer Kirby, managing partner and co-founder at Talisman Wealth Advisors. “There is a real palpable fear of loss of status after decades of building what they have.”

Writing in a blog post for Bocconi University’s Institute for European Policymaking, Arnstein Aassve, a professor of demography, dubbed this the “King Charles Syndrome”—a reference to the British monarch, who inherited the throne at 73 after spending decades as heir apparent.

The point he makes is about timing: Charles inherited the crown, but not the tenure to shape a reign. Heirs to the Great Wealth Transfer may face a similar problem—they may inherit money, but not the runway to change their lives.

And amid a backdrop of economic anxiety and high costs, that can make all the difference.

“Young adults struggling with housing affordability or precarious employment may see little benefit if inheritance arrives decades too late,” says Aassve. “Families with substantial housing wealth pass on significant assets; those without remain excluded.”

Housing, childcare, and debt show where family money is already propping things up

Aassve’s timing problem is already visible in the housing market, and that could spell trouble for the economy overall.

Inter vivos transfers, so to speak, have always been going on, but they can’t be what keeps first-time homeownership afloat,” says Jake Krimmel, senior economist at Realtor.com. “That’s not healthy or sustainable for the housing market or the broader economy.”

Multi-line graph showing Millennial and Gen Z homeownership Lags behind older generations

His point is that homeownership is not only a private milestone. It’s also one of the country’s biggest engines of middle-class wealth, and residential real estate has historically accounted for 15% to 18% of gross domestic product, according to the National Association of Home Builders.

But housing builds wealth only when people can get in early enough for the benefits to compound.

“It certainly feels like there’s a K-shaped economy when it comes to younger families,” Krimmel says, pointing to the contrast between first-time buyers who purchased before or during the COVID-19 pandemic and those who have spent the past four years on the sidelines, “locked out of homeownership in the midst of their prime earning years.”

He’s referring to a trend in which growth splits in two directions, with some households, businesses, or sectors continuing to gain ground while others fall further behind.

Family money can widen that split. A 2026 Journal of Financial Economics study found that parental co-signing can relax borrowing constraints, allowing first-time buyers to qualify for larger mortgages, buy more expensive homes, and enter the market earlier.

Graphic illustrating that buying a home by age 32 nets 22.5% higher net worth by age 50
Buyers who purchase early accumulate a higher net worth in middle age, our Generational Wealth study has found.Realtor.com

But housing is only the most visible example. The same dynamic is showing up in childcare, education, and debt.

Kirby says she sees parents helping adult children with down payments, home expansions, childcare costs, subsidized rent, direct distributions, and education—often to help them avoid debt.

But childcare, she says, may be the clearest example after housing because it allows parents to keep working, earning, and saving. In some cases, grandparents are contributing “upward of $40,000 to $60,000 a year” to help cover those costs, she says.

The payoff may compound for decades

That kind of support may not look like a traditional inheritance, but it can function like one—or even better than one if it arrives at the right time.

Homeowners are 1.3 times more likely than renters to expect to leave assets to the next generation, and children raised in homeowner households are 18.4 percentage points more likely to become homeowners by age 35.

That is how timing becomes an inheritance in its own right. A late inheritance still matters, to be sure. But it may not restore the years when family money could have helped someone buy earlier, borrow less, keep working, save more, or build equity while those gains still had time to multiply.

The Great Wealth Transfer is still coming, but the transfer shaping American life is already underway.

POPE LEO COMPARES AI TO THE TOWER OF BABEL…? HOW ABOUT CRITICIZING THE MURDER OF CHRISTIANS THROUGHOUT THE WORLD, AND THE 7,000 PERVERT PRIESTS INSTEAD ?

Pope Leo Compares AI Threat to Biblical ‘Tower of Babel’

The head of the Catholic Church is adding his moral suasion to a growing backlash against the impact of artificial intelligence

Pope Leo XIV presenting his encyclical letter "Magnifica Humanitas" to an audience in the Vatican.

Pope Leo at the presentation of his first encyclical letter ‘Magnifica Humanitas’ on Monday in the Vatican, Italy. Gomez/Vatican Pool/Spaziani/dpa/ZUMA Press

VATICAN CITY—Pope Leo XIV warned that artificial intelligence “threatens to normalize an anti-human vision” and said that the concentration of immense digital power in the hands of a few private actors must be countered.

The pontiff’s encyclical letter—a text that is poised to define Leo’s papacy—reads like a sharp warning to Silicon Valley executives and humanity more broadly about the future of civilization as new technologies rapidly advance.

The risk, he said, is that humans will be reduced “to mere cogs in a system driven toward ever greater efficiency.”

Leo used two biblical images to describe the choice humanity faces.

“The primary choice is not between a ‘yes’ or ‘no’ to technology, but rather between constructing Babel or rebuilding Jerusalem,” he wrote.

In the Bible, the Tower of Babel symbolizes a top-down, grandiose project where decisions are driven by pride, profit and a push for homogenization, the pope suggested in his text. In the rebuilding of Jerusalem, diverse people worked together to rebuild the ruined walls and established a fraternal coexistence within them, he added.

Leo’s encyclical has been long-awaited by policymakers, business leaders and different faith groups who see the Catholic Church, the largest Christian denomination, as a source of ethical guidance on tech policy.

In so doing, the pontiff is specifically calling out the private actors who are building the AI systems that will transform society.

“Leo sees the challenge of AI as a choice about its design, and about who gets to make those choices,” said Vincent Miller, a professor of theology at the University of Dayton, Ohio.

Pope Leo XIV signing his Encyclical Letter "Magnifica Humanitas".

The pontiff signed the encyclical letter earlier this month. VATICAN MEDIA/AFP/Getty Images

The encyclical is inspired by the church’s thinking about what it means to be human, and draws on 2,000 years of moral and social teachings.

It is also the product of a decadelong dialogue between the Vatican and Silicon Valley on the ethical and social challenges posed by AI.

Conversations with scientists, political leaders and teachers led Leo to a disturbing conviction, the pontiff said Monday.

“Artificial intelligence needs to be disarmed, freed from the logic that turned it into an instrument of domination, exclusion and death,” he said. “It must be at the service of all, and of the common good.”

At the presentation of the encyclical, Leo was accompanied by Christopher Olah, a co-founder and safety researcher at AI firm Anthropic, which has tried to position itself as a proponent of AI safety. It is a central player in the AI landscape, showing rapid growth in its business and emerging as a flashpoint on questions of AI safety and national security.

Anthropic has leaned in to philosophical questions such as whether AI models experience consciousness. The company employs an in-house philosopher to help instill morality in its AI.

The planned inclusion of Olah drew criticism for appearing to give Anthropic the Vatican’s stamp of moral approval. Vatican officials said Olah’s participation wasn’t intended as an endorsement, but as a gesture aimed at encouraging dialogue with the industry as a whole.

Olah said that AI companies—Anthropic included—have incentives that go against doing the right thing: commercial pressure, competition, pride and ambition.

“We will always be influenced by those incentives,” Olah said. That is why it is “enormously important that there be people outside those incentives,” such as church leaders, who insist on safety and “who are willing to be our earnest, thoughtful critics.”

Meeting the pope has become a rite of passage for a new generation of tech leaders, including Anthropic’s Dario Amodei, Cohere’s Aidan Gomez and top officials from OpenAI. Demis Hassabis, head of Google DeepMind, the search giant’s AI arm, was in 2024 named by the Vatican to the Pontifical Academy of Sciences.

Leo is adding his moral suasion to a growing backlash against the impact of AI.

In the U.S. and overseas, workers are concerned about job losses. College graduates are booing commencement speakers who evoke AI. Residents are protesting energy-hungry data centers. A man threw a Molotov cocktail at the house of OpenAI’s Sam Altman.

That the criticism comes from the first American pope is a rebuke for a technological revolution incubated in the U.S. and supported by President Trump, who has lashed out at the pontiff for criticizing the war in Iran.

Leo’s emphasis on threats to individuals’ human dignity and opposition to autonomous weapons casts him in contrast to techno-optimists who argue that AI will usher in a productivity revolution and that the U.S. must deploy its advances militarily before rivals such as China do.

A person holds up Pope Leo XIV's Encyclical Letter "Magnifica Humanitas" focusing on artificial intelligence in the Vatican.

The encyclical is inspired by the church’s thinking about what it means to be human. Alberto Pizzoli/AFP/Getty Images

AI-driven weapons systems, he wrote, risk lowering the moral threshold for the use of force, and make “war more ‘feasible’ and less subject to human control.”

Last week, Trump delayed an executive order that would have created a voluntary process for testing AI models.

Leo, in the encyclical, said there is an urgent need to regulate AI. “It is not enough to invoke ethics in the abstract; robust legal frameworks, independent oversight, informed users and a political system that does not abdicate its responsibility are required,” he wrote.

Leo has made AI a signature issue of his pontificate. INSTEAD OF CLEANING UP THE PEDO RIDDEN RANKS OF HIS PRIESTS WORLDWIDE.

Days after his election in May 2025, he told red-capped cardinals gathered in the Vatican that he chose his papal name as a homage to Leo XIII, the 19th century pope who stood up for workers against the industrial tycoons of his era.

Artificial intelligence, Leo said at the time, represented the industrial revolution of the modern age, and posed “challenges to human dignity, justice and labor.”

Titled “Magnifica Humanitas,” Monday’s encyclical was explicitly inspired by Leo XIII’s groundbreaking 1891 encyclical, “Rerum Novarum,” Latin for “of new things.” Both were signed on May 15.

“Rerum Novarum”—which backed calls for safe working conditions and against the concentrations of wealth—laid the foundation of Catholic social teaching, helping shape the politics and welfare systems of modern Europe. It also set the stage for the church’s ambivalent relationship to capitalism.

The pontiff called the prospect of mass unemployment caused by digital innovations “a true social calamity.” He added: “Technology is never neutral, because it takes on the characteristics of those who devise, finance, regulate and use it.”

Leo condemned servitude created by the technological revolution, including laborers in rare-earth mines, underpaid data center workers and young people exploited by online criminal networks.

At the same time, he used the moment to apologize for the Holy See’s role in legitimizing the enslavement of non-Christians until it unequivocally condemned slavery in the 19th century.

“This constitutes a wound in Christian memory, one from which we cannot consider ourselves detached,” the pope said. “In the name of the Church, I sincerely ask for pardon.”

Tech industry watchers say the pope has the power to lead a cultural change in how we think about AI—and shape the ethical framework in which it should evolve.

“The pope,” said Glen Weyl, a faith-and-technology researcher, “is perhaps the single most important person in the world on AI at this moment.”

he forget to say that this POPE has done nothing to support Christians who are being killed daily worldwide,  and is pushing open borders everywhere…Looking forward to the AI pope as soon as possible.

DONALD TRUMP, JR. GETS MARRIED AGAIN IN PALM BEACH

Donald Trump Jr. and Bettina Anderson officially wed ahead of Bahamas celebration

Donald Trump Jr. and Bettina Anderson are officially married. The couple wed in a quiet ceremony on Thursday, ahead of a larger wedding celebration planned for the weekend in the Bahamas, Fox News Digital reported.

A marriage certificate obtained by TMZ confirmed the union. The license was signed by a Palm Beach County deputy clerk, and the ceremony was reportedly officiated by Brad McPherson, a real estate attorney with longtime ties to the Trump family.

The wedding caps a relationship that moved from first public sighting to engagement to marriage in roughly a year, a pace that suggests both parties knew exactly what they wanted.

President Trump sends well wishes, from Washington

President Donald Trump announced Friday that he would not attend the celebration, citing the demands of the presidency. His statement was direct:

“While I very much wanted to be with my son, Don Jr., and the newest member of the Trump Family, his soon to be wife, Bettina, circumstances pertaining to Government, and my love for the United States of America, do not allow me to do so.”

The president had formally announced his son’s engagement during a White House holiday celebration in December 2025. That public moment at the White House came after Donald Trump Jr. proposed to Anderson in late 2025.

MORE:  Aaron Rodgers says upcoming Steelers season will be his last in the NFL

The elder Trump’s absence underscores a simple reality: the presidency doesn’t pause for family milestones. That he acknowledged it plainly, rather than quietly slipping away for the weekend, says something about the weight he places on the office.

From Palm Beach to the national stage

Anderson and Trump Jr. first sparked public interest when they were spotted together in Palm Beach in September 2024. Over the following year, Anderson became a regular presence at his side, attending events including the Republican National Convention, international trips, and private family dinners.

The bridal shower drew the Trump women together. Ivanka Trump, Lara Trump, Tiffany Trump, and Arabella Kushner all appeared at the event, which was held at Mar-a-Lago.

Donald Trump Jr. was previously married to Vanessa Trump from 2005 to 2018. They share five children: Kai, Donald Trump III, Tristan, Spencer, and Chloe.

Who is Bettina Anderson?

Anderson, 39, brings her own biography to the marriage, one rooted in Palm Beach society, philanthropy, and conservation work. She graduated from Columbia University with a degree in art history, criticism, and conservation. Her LinkedIn profile also lists her as a member of Sigma Delta Tau.

She has worked as a model and lifestyle influencer, serving as the face of a marketing campaign for Hamilton Jewelers and appearing on the covers of regional luxury magazines including Palm Beach Illustrated and Quest. She has more than 144,000 followers on Instagram.

But Anderson’s profile extends beyond the social circuit. She co-founded The Paradise Fund with her siblings, an environmental and disaster relief nonprofit now called Paradise.ngo. She also serves as executive director and spearheads the Project Paradise Film Fund, which awards grants to filmmakers documenting Florida’s endangered freshwater springs and wildlife.

Her family has deep roots in the Palm Beach community. Her father, Harry Loy Anderson Jr., was made president of Worth Avenue National Bank at age 26 and was instrumental in creating Palm Beach Day Academy, a coeducational independent day school in Palm Beach and West Palm Beach. He died in 2013 after what his obituary described as “a long illness and battle with Alzheimer’s.”

Her mother, Inger Anderson, is involved in advocacy through the YMCA, Urban Youth Impact, and the Paradise Fund. Anderson has a twin sister, Kristina, whom she has called “the greatest blessing in the entire world” on Instagram.

A sense of humor about it all

Before her relationship with Trump Jr. became public, Anderson’s Instagram offered a lighter self-portrait. She once described herself as “just your typical stay-at-home mom… only I don’t do household chores… or have a husband… or have kids…”

That last part has now changed.

Anderson was previously engaged to businessman Beau Wrigley, though that relationship did not lead to marriage.

A family affair, with a full house

The marriage merges two large, visible families. Trump Jr.’s five children from his first marriage are well known in their own right. His eldest daughter, Kai, recently announced a new NIL partnership with Accelerator Active Energy and her decision to attend the University of Miami.

Anderson, for her part, has spoken warmly about her new extended family, posting about “the most beautiful nephews and niece” on social media.

The Bahamas celebration this weekend will serve as the public wedding event. The Thursday ceremony handled the legal formalities, marriage certificate, officiant, deputy clerk’s signature. The weekend is for the rest of it.

In a political era that grinds through every news cycle looking for conflict, a wedding is a welcome change of subject. The country’s business will be waiting Monday morning. For one weekend, at least, the Trump family gets to be just a family.

ENTRENCHED LOW-VALUE EMPLOYEES DRAG THE BUSINESS DOWN..FIRE THE SLACKERS!

CEO Saves His Failing Company by Firing Entire HR Department

When Elon Musk purchased Twitter and took the company over in 2022, he proceeded to fire approximately 80% of the social media company’s bloated 7500 person workforce. This included almost all HR related employees. The company roster was pared down to a lean 1500 people. Everyone in the establishment media claimed that Twitter (now called “X”) was going to collapse.

The political left and their corporate allies did everything in their power to make this happen, including advertising cancellations and even government intervention, but they failed. X’s monthly active user (MAU) count has grown over the past 5 years – rising from roughly 360 million in 2021 to over 550 million by early 2026. Part of the reason for this success despite the constant attacks was Musk’s removal of internal saboteurs.

The majority of corporations today have inflated their teams with people who do not add value – Rather, they create problems from thin air and drag the company down. The primary vehicle that facilitates this sabotage is the Human Resources department.

Trending:HR departments were originally created as a means of monitoring compliance with state and federal laws to avoid liability. In many cases this revolved around “sexual harassment” or “discrimination” in the workplace, but it ended up becoming a progressive crusade to make women, LGBT and minority groups a protected class of workers that are difficult to fire because HR is more concerned with lawsuits.

This lack of accountability based on gender and minority privilege reached its peak during the height of the woke era and DEI. Companies were rife with useless employees who did little work while raking in six-figure salaries.

Today, the situation is changing rapidly. A wave of layoffs has hit the white collar sector since 2025. The end of DEI is leading to mass cuts which are largely affecting women, with minority women making up the bulk of the job losses.

Breslow, who stepped down as CEO in 2022 but returned in 2025, cut 30% of the workforce in April and replaced HR with a smaller “people operations” team focused on training. “They were creating problems that didn’t exist,” Breslow, 31, said at Fortune’s Workforce Innovation Summit. “Those problems disappeared when I let them go.”

Bolt was founded in 2014 and makes checkout payments technology. The company saw a whopping valuation collapse from $11 billion in 2022 to $300 million in 2025.

But HR wasn’t the only group to lose their jobs. Breslow said employees had grown complacent during the boom years. He gave workers 60 days to adapt to a leaner culture but said 99% couldn’t make the shift. “There’s a sense of entitlement that had festered across the company,” he said.

He fired nearly the entire leadership team and eliminated four-day workweeks and unlimited PTO. Bolt now operates with about 100 employees, down from thousands. “We have a team a quarter of the size, who are much more junior, who work a lot harder, who have better energy,” Breslow says.

The CEO’s observations echo across the corporate world in the US and in Europe, and it’s the reason why many DEI related jobs are disappearing and why so many college graduates with psychology and communications related degrees can’t get hired to save their lives.

It makes sense; Human Resource employees are 75% to 80% women and 18% LGBT, far above the averages in most white collar fields.  These demographics commonly lead to a grievance-based work environment and an entitlement culture.  These are the groups who often create problems from thin air as a means to manipulate the policy courses of companies and they are difficult to eject because of liability fears.

Placing them in a position of power with the ability to drum up internal conflicts is a detrimental mistake.

Time, however, is healing.  The era of easy salaries for low value employees is quickly coming to an end.  Numerous tech companies and venture capital companies that expanded during the last decade are cutting the dead weight.  The viral TikToks of women spending most of their workday in corporate cafeterias and yoga rooms are disappearing.  The free ride is over, and soon there may not be any HR department’s left to protect the barnacles from being scraped off the ship.

WE ARE WASTING $4 MILLION VALUE MISSILES TO SHOOT DOWN CHEAP $2,000 DRONES…THANKS TO THE IDIOTS AT THE PENTAGON!

The U.S. uses $4 million Patriot interceptors to destroy drones that cost $20,000 to $50,000. OFTEN EVEN $2,000!!!!

The Economics of Victory in Ukraine and Defeat in Iran

The war in Iran teaches an old lesson about military spending.

Six hundred years ago, on a muddy field near Agincourt in northern France, King Henry V’s outnumbered, half-starved English army faced the flower of French chivalry. French knights were expensive, each man-at-arms the product of many years of training, his armor and warhorse a major investment.

Henry’s archers carried longbows that cost little, drawn by men trained in every village across the kingdom. When the volleys came, the knights fell by the hundreds. Quantity overwhelmed quality—and the mud helped. France lost the battle, but defeat in the war came not in the dying. It was in the impossibility of replacing what had died.

Patriot interceptors are exquisite, a wonder of engineering, the product of decades of accumulated technical mastery, each one the labor of hundreds, perhaps thousands. The Iranian drones they intercept are arrows— cheap, plentiful, made in bulk.

Since February, the U.S. has fired more than 1,300 Patriot interceptors against Iranian missiles and drones. Each interceptor costs around $4 million to destroy weapons that cost between $20,000 and $50,000. Based on the most recent rate of production, it will take two years for Lockheed Martin to replace what has been fired in the past 2½ months. That is the economics of defeat, and our adversaries understand it.

Each Patriot is also a creature of supply chains we don’t fully control. The U.S.-made guidance chips depend on helium, supplies of which have been disrupted by the war in Iran. Even if Congress voted the funds tomorrow for 10,000 new interceptors, the metal and the gas would still have to be found, the workforce trained, and the production lines tooled. We are running short of the raw materials for our exquisite weapons while our adversaries flood the battlefield with cheap drones.

Next-generation fighters, multibillion- dollar carriers and so much more mean that although each is a marvel, we have too few, and they’re too hard to replace, making them too valuable to risk.

Sophistication has become our vulnerability. Ukraine shows the alternative. More than 1,000 interceptor drones roll off Ukrainian production lines every day, at $1,000 to $3,000 apiece. The bodies of Kyivbuilt attack drones are redesigned within months, not years, their engines even more quickly, and their guidance software within a matter of days. By keeping costs down and rapidly iterating simple technology, at scale, Ukraine is delivering a devastating effect.

Behind this show of force sits a market the government built. Programs like Brave1 connect investors directly to startups and to the user on the front line, giving fast feedback. That’s how a country at war fields more than 2,000 defense companies and runs production cycles from outline to front line in months, not years.

Ukraine produced four million drones last year and plans to produce seven million this year, 10 times its output three years ago.

We’re not the only ones who have noticed. Gulf monarchies, which have bought American for decades, are looking at Kyiv as the partner for drone warfare. Their models are cheap, quick to produce and still in active development on the Donbas front.

While the U.S. is cautious about allowing even close allies to use cruise missiles, Ukraine has an alternative. See Spider’s Web, the June 2025 operation that smuggled more than 100 drones deep inside Russia and struck four air bases and 41 aircraft, including several bombers, causing an estimated $7 billion in damage.

For Ukraine, that’s the economics of victory: billions of dollars of weapons destroyed by drones that cost around $2,000 each.

The cure to what ails the North Atlantic Treaty Organizations’s militaries isn’t another exquisite platform. It’s an industrial base that can take an idea and turn it into a million in a year. That means pivoting civilian production lines to defense and giving contracts to the manufacturer that can deliver 100,000 drones a month, not the one that delivers a dozen platforms in a decade.

The goal is no longer the perfect weapon. You build the best you can. Then build it again, 90% as good, at 80% of the cost, in 50% of the time. Then do it again and again, a thousand times more. That not only fills the armory; it creates a system to keep it full.

In the Iran war, we’re equipping like the French at Agincourt when what we need is an army of archers.

CARMEL INDIANA CHOSEN AS THE BEST PLACE TO LIVE!!!

Why Carmel, Indiana, Is the Best Place to Live in 2026-2027

Carmel’s high marks for quality of life helped propel it to No. 1 in the U.S. News Best Places to Live rankings.

U.S. News & World Report
Aerial view of walkable residential neighborhoods in Carmel, Indiana.

Getty Images

Whether its walkability, good schools or access to quality healthcare, Carmel offers a little bit of something for everyone.

Key Takeaways

  • Carmel, Indiana, is the No. 1 Best Place to Live for 2026-2027.
  • Among more than 850 cities analyzed, Carmel ranks in the top 2% for quality of life. Carmel also earned high marks across all other scoring categories, including desirability, job market and value.
  • Residents of Carmel describe this small city as friendly and welcoming, with a walkable downtown and top-tier public schools.

Just about 20 miles north of Indianapolis is Carmel, Indiana, a fast-growing suburb of more than 100,000 residents that manages to retain its small-town charm. After earning the runner-up title last year, Carmel has taken the No. 1 spot in the 2026-2027 U.S. News Best Places to Live rankings.

Carmel is No. 1 thanks to its high scores across all the metrics we consider. Out of the 859 cities we analyzed, Carmel ranks No. 15 for quality of life, No. 40 for job market, No. 90 for desirability and No. 114 for value. Within these categories, scoring factors include quality of education, quality of healthcare, cost of living, climate, crime rates and other factors.

In earning the No. 1 spot, Carmel has shown it has a little bit of something for everyone.

Carrie Holle, a real estate agent and mother of three who has called Carmel home for over 30 years, refers to the city as “our little utopia.” She notes that people move to Carmel from all over the country. “They really are able to make a life for themselves here seamlessly,” she says.

“People are friendly, and it’s clean, and it’s safe, and the schools are wonderful, and the streets are well-kept and maintained,” Holle says.

The Distinctive Appeal of Life in Carmel

Suburban cities in the Midwest aren’t typically known for being pedestrian-friendly, but Carmel is an exception, designed with walkability in mind. Thoughtful civil engineering gives Carmel a vibe all its own.

Take the Monon Trail, for example. Affectionately abbreviated to “the Monon” by Carmelites, this 28.5-mile paved trail functions as an artery that transports pedestrians and bikers through the heart of Carmel.

“It goes all the way through downtown Indianapolis and well north of Carmel, but Carmel’s done a very good job developing our portion of the Monon with beautiful neighborhoods and restaurants and shops,” Holle says.

When you do have to drive, you’re not likely to hit much traffic. Although Carmel is one of the fastest-growing cities in America, getting across town is a breeze thanks to its network of more than 150 roundabouts. The city government even has a page on its website dedicated to roundabouts.

Carmel’s roundabouts don’t just save residents time behind the wheel. According to a report from Indiana University, the infrastructure in Carmel has improved pedestrian conditions, reduced traffic collisions, cut down on emissions and even translated to real fuel savings for drivers.

Of course, when talking about what makes Carmel such a desirable place to live, it’s less about the roundabouts themselves and more about the careful planning they represent. Holle says that in the late 1990s and early 2000s – a time of growth, but also of sprawl in many similarly sized cities – Carmel city officials were already thinking about creating density.

“Our downtown area is vibrant with these mixed-use developments that have created housing, office space, retail, and created activities and entertainment,” she says.

Photos: Carmel, Indiana

The Carmel water tower in Carmel, Ind., on May 14, 2026.

Why Families Are Drawn to This Indiana Suburb

To understand why Carmel has such a high quality of life for its residents, U.S. News analyzed the data on academic standards, access to healthcare and air quality. Unsurprisingly, Carmel excels in all these categories.

In practice, though, perhaps no one has better insights into the quality of life in Carmel than Tim Phares, principal at Carmel High School, who has lived in Carmel for about 25 years. Not only is Phares the school’s top administrator, but he has three daughters currently enrolled at the high school and a son who recently graduated.

“You have everything you need within this community to raise a family,” Phares says. “From an academic setting, from a community setting, from an amenity setting, there really is no greater place in my opinion.”

Carmel High School is ranked as one of U.S. News’ Best High Schools, thanks in part to high scores for college readiness. Many families choose Carmel over other cities in the Indianapolis area specifically to enroll their children in the highly rated Carmel Clay School District, Holle says.

While Carmel’s academic prestige is a primary draw, the city’s appeal extends far beyond the classroom. “There is always something to do as a family,” Phares says.

Residents rave about the Carmel Christkindlmarkt, an authentic German-style Christmas market centrally located in downtown that’s been hailed as one of the best in the country.

Another draw in the heart of the city center is the Palladium, a 1,600-seat performing arts center that’s hosted acts all across the entertainment spectrum – from Yo-Yo Ma to Weird Al Yankovic. The Palladium is built in the style of the Italian Renaissance, and it’s worth a visit if only to admire the architecture.

“It’s drop-dead gorgeous,” Holle says. “They’re very strict on the aesthetics of how the downtown was built, and it has a very European vibe to it.”

All Carmel Has to Offer Comes at a Tremendous Value

By Midwestern standards, Carmel isn’t the cheapest place to live. In fact, Carmel is one of the more sought-after Indianapolis suburbs with a median home cost of $477,625.

Compared with the other 850-plus cities that U.S. News analyzes in the Best Places to Live rankings, however, Carmel comes in at No. 114 for affordability. That puts it in the top 15% for value, which includes cost of living and housing affordability.

Still, there’s no question that the housing market in Carmel is competitive, Holle says. Land is scarce, and the city is “pretty much built out. So because of that, appreciation does well in Carmel, because the demand is always high.”

Considering the educational, safety and entertainment offerings, life in Carmel is a worthwhile investment for those fortunate enough to call it home.

“This place is bigger than any one individual,” Phares says. “We all have a role. We all have a part in it.”

 

XI JUST THREW PUTIN UNDER TE BUS!!!OPINION…

Newsweek
Xi Warns Trump That US And China ‘Should Be Partners, Not Rivals’
China and the United States both stand to gain from

A major outcome of President Donald Trump’s Beijing summit this week with Chinese President Xi Jinping had little to do with semiconductors or rare earths. According to the White House readout, Xi Jinping made clear China’s opposition to any Iranian effort to militarize the Strait of Hormuz or charge a toll on its use. Beijing’s own readout said nothing about Iran or the strait—and pointedly did not dispute the American account. That tacit acceptance exposed the so-called “axis” of China, Russia and Iran for what it actually is: a partnership of convenience that fractures the moment one partner’s interests get in the way.

The natural question is, what comes next? If Beijing can be pried loose from Tehran, can it be pried loose from Moscow, too? The answer requires understanding something Western policymakers have been slow to internalize: Russia already fears China far more than it lets on.

Since the end of World War II—with a brief, hopeful interlude after the Soviet collapse—Moscow has framed the West as its principal adversary. NATO enlargement, European Union accession, color revolutions and “Western values” have dominated Kremlin discourse. But this fixation avoids the real long-term threat to Russian power, which is, and always has been, to the south.

Russia’s President Vladimir Putin and China’s President Xi Jinping mark the 80th anniversary of victory over Japan and the end of World War II on September 3, 2025, in Tiananmen Square, Beijing, China.

That threat has accelerated dramatically since the invasion of Ukraine. As Moscow poured men and capital into keeping Kyiv in its orbit, Beijing quietly absorbed the rest of the post-Soviet space into its own. In 2023, China surpassed Russia as Central Asia’s largest trading partner. By 2025, China-Central Asia trade had hit a record $106 billion—more than double Moscow’s regional turnover. Chinese capital now finances Uzbek car factories, Kazakh logistics hubs and Tajik infrastructure that Beijing often happens to hold the debt on.

The South Caucasus tells the same story. In the last few years, China has signed strategic partnerships with Armenia, Georgia and Azerbaijan, while Chinese railway and infrastructure firms have become increasingly involved in Middle Corridor logistics. Beijing has prioritized the Middle Corridor, which runs from western China through Central Asia, across the Caspian, and through the South Caucasus into Turkey and Europe. Cargo volume along that route jumped roughly 70 percent in 2024 alone. Every kilometer of it bypasses Russia and Iran.

This is the part that should focus minds in Washington. The Middle Corridor is the rare geography where Chinese economic logic and American strategic logic point the same way—both want a trade route to Europe that bypasses Russia and Iran. The Trump administration’s TRIPP corridor and Beijing’s Trans-Caspian investments sit on the same map.

Inside Russia itself, the dependency is now structural. Chinese goods account for around 40 percent of Russian imports, up from roughly 20 percent before the war. China supplies between 60 and 90 percent of goods in key sectors that keep Russia’s sanctioned war economy running, such as machinery, vehicles, telecommunications and dual-use technology. Beijing has become Moscow’s largest creditor and largest energy customer—relationships that have repeatedly forced Russia to accept steep discounts on its oil and gas. China is Russia’s number one trading partner. Russia accounts for a bit more than three percent of China’s trade. The asymmetry is not subtle.

Moscow understands the danger. It simply refuses to say so out loud. Leaked Russian military files reviewed by the Financial Times in 2024—war-game scenarios from 2008 to 2014, still regarded by Western analysts as reflective of current doctrine—show the general staff rehearsing tactical nuclear strikes against China in the event of a southern invasion. One scenario imagines Beijing paying protesters to clash with police in the Russian Far East, deploying saboteurs against Russian infrastructure, and then massing the People’s Liberation Army on the border under the pretext of “genocide.” Russian planners have war-gamed nuclear strikes on Chinese cities. They simply prefer the West not know they think this way.

This is not a new pattern. Americans today have largely forgotten that the “red scare” of the 1950s assumed an unshakable Sino-Soviet bloc, codified in the 1950 friendship treaty between Stalin and Mao. Within a decade, the partnership had curdled—into ideological recrimination, border clashes over Xinjiang, and Mao’s open contempt for Khrushchev’s “weakness.” By 1972, Nixon and Kissinger had walked through the opening and reshaped the Cold War. The two communist giants discovered, as great powers always do, that proximity breeds rivalry.

The roles today are reversed. Russia is now the belligerent, declining junior partner; China is the cautious, ascendant one that prefers stability and trade flows over adventurism. That is precisely why the Hormuz line landed where it did. Iran’s regional belligerence had already collapsed it into near-total dependence on Beijing—China was, until Operation Epic Fury, the destination for roughly 90 percent of Iranian oil exports. When Tehran’s mining and tolling of the strait began to bite into Chinese energy security, Xi’s calculation was straightforward: a junior partner is not worth a tanker route. According to Trump, Xi went further, pledging that Beijing would not supply Iran with military equipment—a “big statement,” in the president’s words, and a devastating one for Tehran.

Beijing’s Eurasian strategy is not alliance-building but asymmetric dependence—leverage to use partners when convenient and to coerce them when necessary. Iran was the purest version of the model: useful while Tehran’s belligerence pressured Western adversaries, expendable the moment it pressured Chinese supply chains. Russia is on the same road, only larger and slower.

The Kremlin’s value to Beijing has always been instrumental: cheap energy, a useful distraction for Washington and a buffer to the north. The moment Russian behavior begins to threaten Chinese economic stability—through wrecked European trade routes, the secondary sanctions risk to Chinese banks, or a broader confrontation that drags in Beijing’s customers in the Gulf—China will recalibrate, just as it did with Tehran.

For Washington, the implication is not a grand reset with Moscow. Russia remains a hostile, revisionist power, and pretending otherwise would be strategic malpractice. But the Hormuz moment is a reminder that the “axis” is held together by Western pressure as much as by genuine alignment. Tighten the right screws—on sanctioned tech, on the Middle Corridor, on Gulf energy architecture—and the seams begin to show.

Joseph Epstein is director of the Turan Research Center and senior fellow at the Yorktown Institute.

The views expressed in this article are the writer’s own.

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UNITED NATIONS IS A JUST A MONEY PIT AND AMERICAN TAXPAYERS ARE PAYING FOR THE WASTE!

Projects—and No One’s Watching

AP Photo/Evan Vucci

The federal government’s own watchdog has confirmed what the numbers have long made clear: the United Nations cannot be trusted to manage the money it receives, and the State Department has been complicit in letting it happen.

A new Government Accountability Office (GAO) report released in April examined 11 U.N. capital projects worth more than $4 billion combined. It found a predictable mess: years-long delays and nine-figure cost overruns, coupled with contractor failures and unusable designs, and a State Department bureau with no formal system for monitoring any of it.

American taxpayers are left footing the bill, though. GAO confirmed the U.S. was the largest financial contributor to the U.N. in 2023. As of early 2026, the U.S. owed approximately $2.2 billion in unpaid dues, a figure the U.N. has been loudly publicizing while simultaneously running construction projects into the ground. An organization pleading poverty while mismanaging billions in active construction budgets is not a victim of underfunding. It’s a management failure dressed up as a cash crisis.


Read More: Who Really Needs the United Nations Anyway?

The United States Must Stop Supporting the United Nations


The single biggest disaster is the U.N.’s “Strategic Heritage Plan” in Geneva, a renovation now four years behind schedule and $91 million over its original $871.4 million budget. COVID, supply chain issues, contractor failures: GAO cites them all. So does every private construction firm that still manages to finish buildings. The U.N. has no competitive pressure and no consequences for failure, and it shows. The report, linked above, noted:

“Costs increased by 27 percent from the baseline because of the SHP’s schedule extensions.”

The project’s risk firm calculated that for every month of delay, the costs rise about $1 million.

It gets worse. The contractor on Building H, part of the same Geneva project, couldn’t manage its own subcontractors, finished two years late, and then left behind a defect list that kept growing long after “completion.”

“In December 2022, the list of minor defects that were not addressed included 10,588 issues that the SHP team had identified. By February 2024, the list had increased to 11,350 issues and included 412 on which there was disagreement with the contractor.”

Then there’s the International Telecommunication Union headquarters project. Member states approved architectural blueprints without anyone considering “cost and functionality.” Architects had “free rein,” billed for designs that were never buildable, and walked away. The GAO reported the U.N. burned through more than $20 million before scrapping the original plan entirely — not one wall built, not one foundation poured. In any organization accountable to someone, that would be a career-ending failure. Here, it barely registers.

The State Department’s Bureau of International Organization Affairs had no formal guidance for monitoring any of it. No written indicators. No threshold for when to intervene. No chain of accountability. Staff rotated every few years and largely made it up as they went.

“State IO officials said they do not systematically monitor key indicators, such as budget and schedule, and do not have clear triggers, such as percentage over budget or time behind schedule, for when to take action.”

GAO recommended State develop formal oversight guidance. And State agreed, a basic step that somehow required a congressional audit to produce.

Now consider the timing. In January, U.N. Secretary General António Guterres warned all 196 member states of “imminent financial collapse” if the U.S. didn’t pay its dues, claiming the organization would run out of money by July. Pay up, or else.

What Guterres didn’t dwell on: his organization was four years behind schedule in Geneva, had torched $20 million on unusable designs, and let a defect list balloon past 11,000 unresolved issues. This is the same organization demanding to know why Washington is hesitating.

President Trump has already pulled the U.S. from several U.N. agencies. He should keep going. The GAO report makes the case without any editorializing: $4 billion in projects, years behind schedule, $20 million torched before a shovel hit dirt, and a State Department with no system to catch any of it. We need to stop paying, and start leaving them for good.

Editor’s Note: The Democrat Party has never been less popular as voters reject its globalist agenda.

HOW RUDY MADE NEW YORK GREAT AGAIN!!!

When Rudy Giuliani Made New York Great Again

 

New York Former Mayor Rudy Giuliani’s recent brush with mortality reminds us how clearly his administration showed that people, not impersonal forces, make history— especially men of vision and courage like him. His mayoralty also offers today’s floundering New York the fundamental lesson that good government can make a city flourish, while bad government impairs it.

Reigning wisdom when Mr. Giuliani took office in 1994 was that the problem-ridden city was “ungovernable.” Crime had skyrocketed in the preceding decades, with murders doubling in the 1960s and doubling once more over the next two decades before reaching 2,154 in 1991—one every four hours, roughly. Dope dealers hustled on the street alongside pushy panhandlers and prostitutes. Derelicts slept alongside graffiti-smeared buildings. An epidemic of car break-ins led owners to post “No Radio” signs in their windows, and auto alarms blared indignantly at all hours. Businesses fled: The 116 major corporate headquarters in Gotham in 1971 had dwindled to 49 by 1995. Small-business owners buzzed customers in through locked doors and, at closing time, rolled down metal security gates, luring graffiti vandals.

Mr. Giuliani, a former federal prosecutor, ignored the cliché that you could cut crime only by addressing so-called root causes, poverty and racism. He instinctively grasped the theory of social scientists James Q. Wilson and George Kelling that stopping small crimes would prevent more serious crimes, just as replacing a broken window halts more window-breaking by showing that somebody watches and acts. He had seen this theory proven in the subways in the two years before his election, when Robert Kiley, head of the Metropolitan Transportation Authority, kept subway trains and stations hosed clean of graffiti and transit police chief William Bratton started arresting turnstile jumpers and graffiti vandals. Crime in the subways began to fall. When Mr. Giuliani entered City Hall, he named Mr. Bratton the city’s police commissioner.

With the mayor’s vocal support, Mr. Bratton put broken-windows policing to work, arresting “squeegee men” who smeared dirty rags across motorists’ windshields, holding them hostage for a “contribution.” Even minor crime, he showed, had no place in Mr. Giuliani’s New York—a lesson he amplified by arresting graffiti taggers and public urinators. Police stopped, questioned and frisked those suspected of carrying weapons or casing a business, dissuading the ill-intentioned from packing guns while reducing shootings. Mr. Bratton made computer maps of crime hot spots and concentrated cops where thugs operated. City Hall’s revolutionary idea was that cops should prevent crime, not solve it after it happened.

The results were spectacular. Murders fell 20% to 1,561 the first year and a further 58% to 649 in 2001, Mr. Giuliani’s last year in office. With newly safe streets and subways, New York roared back to life. As the mayor cleared sex and smut businesses out of Times Square, he enticed Disney to restore a stately vacant theater as that area’s anchor. A visionary private effort had turned Bryant Park from a dope dealers’ den into a green oasis, and that district now thronged with tourists and office workers.

Restaurants and theaters boomed. Old businesses grew, and new ones opened, including even a tech Silicon Alley. Columbia and New York University became hot schools once parents stopped fearing urban crime. With opportunity burgeoning and the city’s rich inheritance of museums, concert halls, and landmark buildings safe to use, property values skyrocketed. Global tycoons looked to city real estate as a glamorous safe haven for money. New development proliferated, and construction workers, service staff and luxury retailers all profited. New York became once more the capital of the world.

Policy can change culture, Mr. Giuliani showed. It wasn’t the legacy of slavery that had created the disproportionately black urban underclass, he understood, but the message of victimhood and helplessness sent by framing crime as an inevitable response to oppression and welfare as deserved reparations. Criminals, not society, were to blame for crime, and welfare recipients were also citizens with agency who were responsible for their own fates.

Seizing on the 1996 welfare reform act, the Giuliani administration started an ambitious workfare program. Welfare offices became “job centers” and set welfare recipients to painting park benches, raking leaves and cleaning courtrooms. Recipients learned discipline and gained self-respect. Many moved into conventional jobs and, as in the nation as a whole, caseloads dropped dramatically.

A remarkable dividend of the new approaches to crime and welfare, one with only anecdotal rather than social- science evidence, was a dramatic thaw in race relations, as fear and resentment abated. But it didn’t last.

Beginning with the De Blasio administration in 2014, the Giuliani reforms slipped away while Amazon and then Covid and Zoom sharply challenged New York’s economic model of retail stores and office towers. As it holds on to old economic engines and searches for new ones, the city urgently needs the culture of personal agency and public safety that Mr. Giuliani fostered.

Mayor Zohran Mamdani evidently believes that legacy businesses and institutions are inexhaustible wealth-generators that, even as lowtax states beckon, will enable him to cultivate the tax-eaters and punish the taxpayers. That will prove a costly and tragic mistake.

SOUTHERN POVERTY LAW CENTER IS JUST ANOTHER SCAM!

Fake Perils Make Real Money

You didn’t need a legal case to know that the Southern Poverty Law Center, to stay alive, badly needs the perils it claims to deplore. The federal indictment, which charges the nonprofit with wire fraud, false statements and conspiracy to conceal money laundering, alleges that the Montgomery, Ala.-based group paid hefty sums to “informants” supposedly operating inside extremist groups. Millions of dollars allegedly went to these “field sources”—Klan members, neo-Nazis—even as the SPLC labeled the same organizations dangerous extremists on its website.

One of the indictment’s claims, if borne out, so perfectly captures the cynicism of radical politics in the 2020s that you’d call it far-fetched if you read it in a novel by Christopher Buckley. The indictment alleges that one source “was a member of the online leadership chat group that planned the 2017 ‘Unite the Right’ event in Charlottesville, Virginia and attended the event at the direction of the SPLC.” This person, say prosecutors, “made racist postings under the supervision of the SPLC and helped coordinate transportation to the event for several attendees.” Between 2015 and 2023, the nonprofit paid this informant $270,000.

The SPLC’s lack of compunction amazes, but its intrigues flow from the nature of the activist nonprofit enterprise. Like almost all advocacy organizations, the SPLC faces the temptation to exaggerate the urgency of its mission and the extent of its accomplishments. Donors respond to big claims and menacing specters. Hence the SPLC’s desperate effort to defame people and organizations on the political right—Charles Murray, Prager University—as promoters of ” hate” and “extremism.” The war for America’s soul may go well or poorly, but the money’s got to keep flowing.

Which is why that Unite the Right rally was the best thing ever to happen to the SPLC. A gathering of, at most, 500 young nincompoops high on racist humbug metamorphosed, in the minds of anxious Americans—and with the media’s help—into a mass movement of brownshirts ready to seize the country’s institutions and overthrow its government. Donations to the nonprofit ballooned in the year after the rally.

The SPLC didn’t create the Charlottesville rally, though its machinations probably helped at the margins. The import of the episode, though, lies in the fact that the nonprofit’s leaders plainly felt it had an interest in making the threat of white racial bigotry appear to hold more sway over American life than it does. “Interest” in the crassest, monetary sense.

The modern liberal outlook, to borrow the political philosopher Kenneth Minogue’s metaphor, must have dragons to slay. When the dragons diminish in size or die out altogether, the civic-minded liberal naturally wants to invent bigger ones, if only to have things to worry about. As with every such mental pathology, this one offers financial rewards to determined exploiters.

The late Jesse Jackson based a lucrative career on the fiction that America in the 1980s and ’90s still excluded black Americans from opportunity in the way the South had under Jim Crow. The static

history of racist America he helped to propagate allowed Jackson, in the 2000s and 2010s, to threaten large companies with boycotts on the grounds that they hadn’t done enough to mitigate racism. His attacks would conveniently cease when the companies agreed to donate to Jackson’s political operation.

Al Sharpton followed the same path. Only Mr. Sharpton, unapologetic perpetrator of the 1987 Tawana Brawley hoax, spun the perception of perennial racism into a decadeslong media career. Ibram X. Kendi, Robin DiAngelo and other “antiracist” theorizers attained celebrity status by persuading millions of well-meaning people to fear and loathe nonexistent monsters.

The District of Columbia teems with nonprofits dedicated to the proposition that one thing or another menaces the citizenry. Human Rights Campaign, to take one example, regularly informs its followers and donors that gay, “trans” and “gender-expansive” Americans suffer from routine violence and bigotry at the hands of their countrymen. In 2025, HRC brought in $46 million in contributions.

Climate catastrophism has grown into a global grift, with poor countries demanding billions in “reparations” from nations with functioning markets, but consider climate alarmism’s role in American politics. For decades, the Environmental Protection Agency and related government bodies have doled out grants to climate- related nonprofits that return the favor by churning out apocalyptic reports about an always-imminent climate crisis. The 2022 Inflation Reduction Act supersized that effort. In 2023, the Biden administration came up with what it called the American Climate Corps, to “mobilize the next generation of clean energy, conservation and resilience workers”: that is, to send millions of public dollars sluicing through climate nonprofits around the country.

To its credit, the Trump administration canceled the program, but similar funding streams proliferate across federal and state agencies. A cynical observer might feel inclined to use the word “racket”: Environmental agencies fund activist groups, which make apocalyptic claims more credible, thus enabling the agencies to demand more funding and regulatory authority from government budgetwriters. Now that’s what I call sustainability.