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John Law
decisions made in Washington can affect your portfolio every day. But what policy changes should investors be watching? Washington Wise is an original podcast from Charles Schwab that unpacks the stories making news in Washington right now and how they may affect your finances and portfolio. Listen@schwab.com WashingtonWise
Isaac Saul
from executive producer Isaac Saul, this is Tangle.
John Law
Good morning, good afternoon and good evening and welcome to the Tangle Podcast, a place we get views from across the political spectrum, some independent thinking and a little bit of my take. I'm your host Isaac Saul and today I'm feeling the American pride. Honestly, Friday I got to write about the history of press freedom in the United States. Saturday I had this awesome old fashioned Americana fourth of July barbecue, small town fireworks, family together, hot summer day. Today I get to contemplate the significance of America's 250th anniversary. And then tonight we get another chapter in the USA World cup journey. This is as good as it gets, everybody. This is at Peak America right now. On today's show. We also have a reader question about the United States triumphal arc, a story you may have missed about gun regulations being rolled back, and a request for you to vote in a very special election. We should start there. We're nominated for the 2026 People's Choice Newsletter Awards. I know this is our podcast, but if you're a reader of the newsletter or you just want to support Tangle, I'd very much appreciate it if you could cast a vote for us. It is super quick and easy. There's a link in today's episode description. It'd be awesome if we won this People's Choice Newsletter award and could use that to raise some awareness about Tangle. All right, with that, I'm going to hand it over to John to break down some quick hits. Today's topic, what the left and the right are saying and then I'll be back for my take.
Thanks, Isaac and welcome everybody. Hope y' all enjoyed a great Fourth of July weekend. I know it was hot in a lot of parts of the country, including where I am, so hopefully you were able to stay cool and still get some great time with family and friends. All right, with that said, here are your quick hits for today. First up, Iran held a public funeral for Supreme Leader Ayatollah Ali Khamenei, who was killed in US Israeli airstrikes on February 28. Khamenei's son and Iran's new supreme leader Mojtaba Khamenei was not seen, adding to speculation about his health. Number two, FIFA, soccer's global governing body, lifted the red card suspension of United States men's national team player Fullerin Boligan after President Donald Trump intervened on his behalf. The decision allows Boligan to play in the team's World cup match against Belgium on Monday. Number three, Venezuelan authorities said that the death toll from two earthquakes that hit the country on June 24 has risen to 3,342 as of Sunday. Number four, President Trump spoke separately with Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskyy amid heightened attacks by each side in recent weeks. And number five, State Senator Mallory McMarrow suspended her campaign for Michigan's Senate seat. The decision leaves U.S. rep. Haley Stevens and epidemiologist Abdul Al said as the top candidates. Democratic nomination in the key Senate race.
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It's an incredible 250 years of America. And from the water to the skies to cities and towns across the country, Americans coming out to celebrate it all kicked off at midnight with that countdown in Times Square, The first time the ball has ever dropped when it's not New Year's Eve.
John Law
On Saturday, the United States marked 250 years since the Second Continental Congress adopted the Declaration of Independence on July 4, 1776, establishing the original 13American colonies as a new independent nation. In addition to the traditional fireworks and parades, cities and states held special celebrations reflecting on the country's history for its semiquincentennial. In Washington, D.C. large crowds gathered to celebrate across the Capitol, while some of President Donald Trump's Salute to America event was canceled or delayed due to extreme weather, including a temporary evacuation of the National Mall. The president delivered an address on the Mall, followed by a massive fireworks display. In his address, President Trump highlighted the United States achievements through its first 250 years, painting an optimistic picture of its future as well as attacking some of his political enemies. This country has been the greatest force for peace and justice on earth in the last century. We defeated tyrants, demolished evil, and saved freedom again and again and again, trump said. The address also focused on political topics, with the president renewing his call to pass the Save America act, touting his military actions in Iran and decrying the purported rise of communism in the United States. The celebrations in Washington, D.C. were also marked by controversy after a large group identified as members of the white nationalist organization Patriot Front marched through neighborhoods around the Capitol chanting Reclaim America. Separately, the anniversary prompted reflections on political polarization and national unity. Some criticized President Trump for creating a separate group, Freedom250, to arrange celebrations for the anniversary instead of working through the nonpartisan America250 organization established by Congress in 2016. Others expressed concern about whether the country is capable of overcoming internal divisions in the years ahead. Today, we'll share perspectives from the right and the left on America's semiquincentennial, and then Isaac's take.
We'll be right back after this quick break.
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All right, first up, let's start with what the Rite is saying. The Rite celebrates the anniversary, reflecting on the symbolic importance importance of the United States to the world. Some contrast President Trump's vision for the country with that of the democratic socialist movement. Others argue America remains the greatest country in the world despite its flaws. In his substack, Erik Woods Ericsson praised the greatness and uniqueness of the United States at 250. The only people who don't seem to want to be Americans anymore are progressives in the Ivy League madrasas and increasingly a slice of the online right that has convinced itself we'd all be better off apart from they're both wrong and history proves it, erickson wrote. Read the Declaration of Independence for yourself. What strikes you is that these were not bloodthirsty radicals. They didn't want something new. They thought they already had these rights and Great Britain in its arrogance told them that they were second class colonists who didn't deserve them. So they fought for what they believed was already theirs. We're the only nation founded on an ideal, not blood, not soil, not a king's bloodline, an idea that all men are created equal, endowed by their Creator with certain unalienable rights, among them life, liberty and the pursuit of happiness, erikson said. The shot heard round the world really was heard round the world. Go read the monument at the entrance of the Parliament of Trinidad and Tobago. It echoes our declaration almost word for word. Nations you've never thought about built their own foundings on ours. In American greatness, Roger Kimball wrote, america's story is cast as either triumphant inheritance or unfinished grievance. All across the world, spectacular light shows, fireworks and other red, white and blue extravaganzas have rung out their grateful and congratulatory chorus. And quite right too, for the declaration marked the opening foray of what would become the greatest country the world had ever seen, Kimball said. Others were more astringent in their reactions. On Friday, July 3, Zoran Mamdani, New York City's smiling Ugandan born mayor, sat in front of George Washington's desk in the mayor's office at City hall and delivered a dark admonition. The irony is, Mamdani said, that the story of America has so often been written by those who were told by others with power and influence and wealth that they were anything but exceptional. It's us versus them, comrade, and class warfare must go on forever, kimball wrote. Donald Trump, speaking that same day at Mount Rushmore, provided another very different vision, he noted. What a magnificent anniversary this was. Imagine 250 years of extraordinary prosperity, martial vigor and unparalleled generosity to others. In Town hall, Representative Abe Hamade, the Republican from Arizona, said, America is worth fighting for. America is not perfect. It never has been. But perfection has never been. Our promise. Opportunity has. Only in America could a first generation son of Syrian immigrants born right here in the United States grow up with nothing more than his parents faith in the future, serve as a U.S. army intelligence officer and one day stand on the floor of the House of Representatives to take the oath as a member of Congress, hamadei wrote. My story is proof that the American dream is not a slogan. It is a living promise. Too often today, the media and those who hate our country ask us only to dwell on its perceived shortcomings. We are told to apologize for our history rather than celebrate it. We are taught to focus on what divides us instead of what unites us. But gratitude and patriotism are not signs of ignorance, hamade said. Travel the world as I have and you quickly realize just how extraordinary the United States truly is. Billions of people do not dream of coming here by accident. They come because America remains the greatest engine of freedom, freedom, opportunity and human flourishing ever created. Alright, that is it for what the right is saying. Which brings us to what the left is saying. The left also celebrates America's 250th, with many sharing an optimistic view for the future. Despite the present challenges. Some argue the patriotism represented by Trump deviates from the nation's founding ideals. Others explore key questions for the country in the next 50 years. In the Washington Post, David Ignatius offered a toast to America at 250. If we're honest, on this July 4th, we must admit that the sturdy American men and women who made the Revolution are a distant historical memory. Today, we resemble the imperial Britain of 1776 more than the scruffy patriots who rebelled against it, ignatius wrote at 250. America is a nation in late middle age, showing unmistakable signs of decline. Our political system is broken, and our politicians seem unable to solve big social or economic problems. Our social cohesion has unraveled so much we often feel like two nations rather than one. And yet, as the poet Robinson Jeffers wrote, america retains a mortal splendor. Beyond the Washington tar pit, Americans remain willing to take risks and fail and know how to fall and get up again. We're a muscular nation that weirdly seems to grow tougher as it ages. We still invent the best technology, make the best movies, record the best music. We may elect dreadful leaders, but we survive them, ignatius said. We've had good leaders and terrible ones. But each year, whatever the adversity, we remember what the story is about and we think how lucky we are still to be part of the American story. In his substack, Robert Reich explored the real meaning of July 4, 2026. On this July 4, the 250th anniversary of the start of this country, many people including the current occupant of the Oval Office, believe that celebrating America means waving the flag or standing for the national anthem or shouting america first. That's not what real patriotism is, reich wrote. It means paying taxes proportional to your wealth. It means paying your workers a living wage so they can thrive. It means fully reckoning with how racial oppression and white supremacy have shaped this nation, not whitewashing our history and ignoring racism's continuing legacy. Real patriotism means protecting American democracy and our form of government, not trying to overturn an election that was upheld by 60 federal courts and the Supreme Court or lying about election fraud when it barely exists, reich said. Real patriotism means not flooding our politics with big money so the voices of the people can be heard. It means putting the interests of our country over partisanship. The New York Times editorial board wrote about five questions that will determine America's next 50 years. Asked what kind of government the Framers had produced, Benjamin Franklin is said to have replied, a republic, if you can keep it. The conditional part of that sentence, the if comes fresh to every generation, and it is now the work in front of us, the board said. The work will most likely come down to a handful of questions whose answers are genuinely uncertain. The first question is whether self governing people still share a common reality. The second is whether we can still bear to lose self. Government is in part a system for handling disagreement without bloodshed, and its indispensable habit is the willingness of the defeated to accept defeat. The third is whether the country can still keep its central material promise that those who work can rise and that their children can rise further. The fourth is the oldest American question in its newest whether the most pluralist nation in history can remain one people, the board wrote. The fifth is the question about the future and whether we can pass tests that unfold slowly and yet ask for sacrifice. Now a dangerously changing climate presents one of those tests. Another involves debts handed to people who never voted on them. Alright, let's head over to Isaac for his take.
All right, that is it for the left and the right are saying. Which brings us to my take on this great anniversary. It is hard not to be of two minds. The positive case is almost always easy for me. Anyone with even a rudimentary understanding of world and United States history knows that our country is uniquely significant, awesome and aspirational. We talk about being the richest nation on earth, but that wealth is really a byproduct of centuries of innovation, labor and resilience. We talk about being the most powerful nation on earth but that power comes from balancing might with diplomacy. We talk about being the most free, but those freedoms don't just come from a document. They are really held and have been earned by the people themselves. I don't want to over index on my sports devotion here, but I have to say the timing of the World cup has created a serendipitous time in for this 250th anniversary. Sports don't always have to have some great meaning. And despite being a sports junkie, I often roll my eyes at attempts to inflate competition for entertainment into something much deeper. Yet it is difficult to be tuned into this World cup and not feel a sense of pride in America. In all likelihood, at least dozens, if not hundreds of people from every single country in the world reside in the United States, something that is probably only true of a handful of countries on Earth. Or, as the New York Times put it, in the United States, every World cup team is a home team. Bosnians rejoice at a watch party in St. Louis, Missouri. Moroccans gather in the little Morocco neighborhood in Queens. Japanese fans come together in San Diego. Iranians in complicated fashion watch, rejoice or protest their team from Los Angeles in Provo, Utah, Messi mania took over as fans gathered to cheer on Argentina. My social media feed during the tournament has been a never ending tour of things that make me proud. The University of Kansas band learned the Algerian national anthem to welcome the team for training. The Spanish national team released a beautiful tribute to Chattanooga, Tennessee. A Japanese tourist tried Dallas barbecue for the first time and had his mind blown. Perhaps the coolest, most imposing, most gifted striker in all of soccer is embracing his Texas spirit. A German man broke down on local TV describing how incredible America has been. Even the controversy an apparent behind the scenes pressure campaign led by President Trump to overturn a US Player's controversial red card gives me a wry smile. What is America but a blunt force instrument to reverse injustice? The world soccer tourists and American citizens themselves are learning that behind the big scary headlines and partisan warfare, America is more welcoming than almost any place on Earth. We're used to different different languages, different colors, different attitudes, different faiths, different people. And the truth is that with a little bit of cash, you can show up here from anywhere on earth, rent a car, tour the country, meet tons of strangers who become fast friends and have a delightful, carefree time. Even our politics had a relatively normal, if not inspirational, weekend. President Donald Trump and New York City Mayor Zoran Mamdani, two of the most influential elected officials on the Right and the left each delivered remarks on the anniversary. It was a remarkable thing as an American to read both of their July 4th speeches and feel pangs of pride at each. Some moments made me wince, of course. Trump warned of communism in the water, misquoted the Declaration of Independence and couldn't help but riff about a stolen election and his political opponents. Mamdani needlessly stoked the embers of class warfare, invoked warnings of an authoritarian regime and centered ethnic and religious minorities as the Americans to celebrate. Yet both emphasize the exceptional nature of our country and the need for us to keep striving to improve. Both retold the revolutionary underdog story of the Founders, both center George Washington and their visions of America at its best. Both ruminated on the idea that all men are created equal. Both spoke to the need for a triumph over tyranny and for liberty to defeat oppression. I took comfort in that shared rhetoric, even if I cringed at times. The addresses offered welcome surprises, like Trump celebrating the first African American to win a Medal of Honor and Mamdani proudly retelling the tales of military battles won. I hold all this and I feel a sense of pride and gratitude for the sheer luck and good fortune of being born into such a Yet it's also hard not to be cynical too. The same president celebrating our break from kings and lords is gathering obscene amounts of power, the kind that would give our founders a heart attack, bringing in $2.2 billion in the first 18 months of his second term, much of which came from an extraordinary level of self dealing and corruption. The left, including Mamdani, is backing a soon to be member of Congress who has opposed borders, police, interracial relationship and has called America a fucking disgrace. Post liberal right wingers are responding to a Supreme Court case by pondering banning pregnant women from traveling here or sterilizing foreign visitors. The richest man in the world is using his self purchase social media platform to insist he's wised up about universal suffrage and the threat of classical liberalism, a system of thought valuing individual liberty, free markets and the natural rights of man. Pardons are for sale and so seemingly are elections. Literal white supremacists are marching through neighborhoods in Washington D.C. even the world cup tales are more complicated than my feel good narrative suggests. Ordinary fans from Haiti, Iran and Senegal couldn't attend matches in the US due to a travel ban on their countries. A top referee from Africa was denied entry in Miami despite a valid passport and visa, and some African fans avoided the US altogether for fear of being detained and instead opting to only attend games in Mexico and Canada. I consume all this news and wonder if I'm holding on to an illusion about some great thing that was, but no longer is. There are moments, frankly, when it's easy to submit to the cynicism, but then I remember how much of that feeling is rooted in some twisted human desire to be experiencing something historic, even or especially historically bad. We talk about today's political violence as if nothing in America has ever come close, as if the 1960s or the 1860s just didn't happen. Brains go haywire over a 6. Three Republican appointed Supreme Court, as if we haven't survived the post Truman and Roosevelt court that was nine zero Democratic appointed or the eight. One Republican appointed court that existed as recently as 1992. Is confidence in elections plummeting, especially among Americans? Yes. But go back to Bush vs Gore in 2000, or transport yourself to 19th century America when elections were actually being tampered with at scale, and you'll realize this seemingly novel period is not entirely so. The truth, whether it's comfort or caution, is that in our relatively brief 250 years as a nation, we have always faced challenging bursts of tumult, controversy, corruption, war and division. These features might just be natural byproducts of a free, pluralistic society because they exist in every chapter of our American story. Yet that story remains one of extraordinary triumph, success, and bittersweet change. So long as we cling to the principles we celebrate this week and keep a level head going forward, I Suspect the next 250 years will bring much more of the same. And honestly, thank goodness for that. All right, that is it for my take. We have a staff dissent today from Associate Editor Audrey Moorhead, so I'm going to pass it over to her.
Audrey Moorhead
Thanks, Isaac. This is Associate Editor Audrey Moorhead with a staff dissent in roughly 30 BC Roman Emperor Augustus commissioned the poet Virgil to write an epic tale about the founding of Rome. Some scholars theorize that Augustus wanted Virgil's poem to promote certain values, like piety, as well as legitimize his rule as emperor by analogizing him to Aeneas. I bring this history up only to say that politicians have been using their country's founding myths for their own gain since ancient times, and I think Trump's and Mamdani's semiquincentennial speeches are no different. Both cherry pick the values of the American founding that they appreciate, while conveniently ignoring those that conflict with their political projects. A sleight of hand so easily performed that it alarms me, especially when both their projects have the potential to seriously harm our free market democratic republic. To that end, I don't find their appeals to the American founding comforting as Isaac does. I find them troubling and are a mind to stay on guard against the propagandization of the past.
John Law
We'll be right back after this quick break. Decisions made in Washington can affect your portfolio every day, but what policy changes should investors be watching? Washington Wise is an original podcast from Charles Schwab that unpacks the stories making news in Washington right now and how they may affect your finances and portfolio. Listen@schwab.com Washington wise
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All right, thanks Audrey. Next up is your questions answered. This one's from Michael in Pasco, Washington. Michael said, Can Tangle provide a balanced report on the proposed Arc de Trump? The project has raised questions about historic preservation, environmental review, legal authority and public safety, and I'd appreciate an objective overview of the competing arguments and where the proposal currently stands. Okay, so in October 2025, President Trump unveiled models for a monument in the neoclassical style to be built in celebration of the United States 250th birthday. Called the United States Triumphal Arch, it was nicknamed the Arc de Tromp. The 250 foot structure would be located inside a currently empty traffic circle at the end of the Arlington Memorial Bridge just south of the Potomac River. A National Park Service assessment says the arch will be installed in a manner consistent with the avenue's established role as a ceremonial gateway, an avenue of heroes celebrating valor, sacrifice and American heritage. However, according to the most recent polling, Americans disapprove of the administration's plan by roughly a 2 to 1 margin. In February, a group of Vietnam War veterans sued to stop the construction, arguing that placing a structure more than twice as tall as the Lincoln Memorial near the Arlington Cemetery would dishonor their military and foreign service. In June, protesters gathered outside the National Capital Planning Commission to express concerns over the monument's design and placement basement near Ronald Reagan National Airport. The Federal Aviation Administration recently found no adverse impacts in an initial review. House Democrats have also introduced the bill to stop construction. The NPS assessment drove other concerns over potential traffic delays and an intense construction period. In May, the Commission of Fine Arts, a seven member panel appointed by President Trump, gave the arch's design final approval. In June, the National Capital Planning Commission reviewed the NPS assessment and requested more information on on the Archie's specs and potential impacts. The NCPC public comment is open until Wednesday. To proceed with construction, the plan must receive the NCPC's approval and overcome the legal challenges against it. All right, that is it for your questions answered. I'm going to send it back to John for the rest of the pod and I'll see you guys tomorrow. Have a good one. Peace.
Thanks Isaac. Here's your under the radar story for today, folks. On Sunday, the New York Times reported that the Trump administration is rolling back over three dozen firearms regulations implemented during the Biden administration. The rescinded regulations include rules that had lowered the legal threshold for revoking a firearms dealer's license, restricted access to would be buyers with a history of mental illness or an inability to manage their own finances, and barred certain accessories that have been used in mass shootings. The president of the Brady Campaign to Prevent Gun Violence said the rollbacks will decimate the Bureau of Alcohol, Tobacco, Firearms and Explosives ability to regulate regulate this industry well. The Trump administration said the moves are part of the President's commitment to upholding Second Amendment rights. The New York Times has this story and there's a link in today's episode description. And last but not least, our have a nice day story. In April, the Josie family's 13 year old Shih Tzu Apollo disappeared after slipping through a gate at their property. The family searched for weeks to no avail, but they never gave up hope. In June, they got the call they were waiting for. A Long island animal shelter had found Apollo after identifying him by his microchip. While some mystery remains, the dog arrived at the shelter wearing a name tag that read Yuri. The family has now been reunited with its beloved pet. We definitely kept the faith and held out hope, berejosi said. We knew Apollo was going to come home and it was just a matter of time. Fox 35 Orlando has this story and you can check it out with a link in today's episode description. Alright everybody, that is it for today's episode. As always, if you'd like to support our work, please go to retangle.com where you you can sign up for a newsletter membership, podcast membership or a bundled membership that gets you a discount on both. We'll be right back here tomorrow. For Isaac and the rest of the crew, this is John Law signing off. Have a great day, y'.
Isaac Saul
All.
John Law
Peace.
Our executive editor and founder is me, Isaac Saul, and our executive producer is John Law. Today's episode was edited and engineered by Dewey Thomas. Our editorial staff is led by Managing Editor Ari Weitzman with Senior Editor we will K back and Associate editors Audrey Moorhead, Lindsey Knuth and Bailey Saul. Music for the podcast was produced by Diet75. To learn more about Tangle and to sign up for a membership, please visit our website@retangle.com.
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Date: July 6, 2026
Host: Isaac Saul
Producer/Co-host: John Law
This special episode commemorates the United States’ 250th anniversary, reflecting on the meaning, history, and future of American democracy from across the political spectrum. The discussion centers on July 4th celebrations, competing visions for the country, recent political and cultural controversies, and listener questions about national symbols arising during this historical milestone.
[02:47] Isaac Saul and John Law
[04:33] John Law
[06:32] John Law
[11:08] John Law
[15:10] John Law
[18:41] Isaac Saul
[26:54] Audrey Moorhead (Associate Editor)
[29:09] John Law
[31:37] John Law
[32:30] John Law
This episode provides a rich, nuanced look at the meaning of American patriotism on its 250th birthday. With voices from across the spectrum—celebratory and critical alike—it concludes that America’s story is one of both conflict and progress, always driven by diverse perspectives and a commitment to self-improvement. Listeners leave with a sense of both pride and caution—encouraged to celebrate what unites us, while staying vigilant against the misuse of national ideals.