Saturday, August 1, 2026 • Not as oppressively hot. Highs 89-93. ☀️
Oklahoma Memo Podcast 🎙️ (At the bottom of this newsletter:) My weekly conversation with Grant Hermes, host of the “Make It Make Sense with Grant Hermes” podcast. Our big topic is the latest in the Iran War, including news that Iran hacked into an American water system.
Poll results:
We received 194 votes on the Friday poll, “Would you support a mosque being built in your city or town?”
• 126 said Yes
• 52 said No
• 16 said they were not sure
New poll question at the bottom of today’s newsletter. (You can also suggest a poll question by emailing me at [email protected].)
Most of Inola's planning commission resigns as town considers aluminum smelter

Town of Inola / YouTube screenshot
By Graycen Wheeler, KOSU
👉 Click here to support this newsroom
As Inola weighs a proposed aluminum smelter with massive federal backing, four of the town’s five planning commissioners have resigned in recent weeks.
Chairman James Shaffer stepped aside from the Inola Planning and Zoning Commission earlier this month amid questions about his multiple roles in the town’s government.
Shaffer had served on the commission for three years. Commissioners are appointed by the Inola Board of Trustees and serve on a volunteer basis.
In June, the Board of Trustees created the paid staff position of city planner and approved Shaffer’s hiring for the role.
But at their next meeting on July 13, trustees and meeting attendees raised concerns over the appearance of conflicts of interest, citing Shaffer’s ongoing role on the Planning and Zoning Commission and his job as a local realtor.
Although several commended Shaffer’s work and personal integrity, they cited concerns about how he was hired as city planner: at the suggestion of Town Administrator Scott Devers rather than via a competitive, widely advertised application process.
The Board of Trustees voted 3-2 not to terminate Shaffer as city planner. But as they considered whether to initiate a more competitive hiring process for the position, Shaffer approached the podium to resign from both his job as city planner and his volunteer role on the commission.
I'm 63 With $1.5M. Can I Spend $10K a Month?
You’ve saved $1.5 million. Now comes the real test.
Can it produce $10,000 a month, or will that pace drain your portfolio?
Most retirees do not get a clear answer until it is too late.
The issue is not just how much you have. It is whether your portfolio was built to pay you, not just grow.
That difference can determine whether your money lasts decades or starts breaking down early.
Sequence of returns, taxes on withdrawals, healthcare costs, and whether the 4% rule still applies all play a role.
Fiduciary advisors created a breakdown showing what drives sustainable income and why the same $1.5M can produce very different outcomes.
If you have $1M or more invested, do not guess.
The Oklahoma Rundown 📰
Editor’s note: Links requiring subscriptions have an *.
Here’s what’s happening in Oklahoma today:
Stitt pushes for AI rules in political campaigns at National Governors conference (The Oklahoman)*
CompSource client files ethics complaint against Oklahoma Insurance Commissioner (KOSU)
Oklahoma Native American students ranked first in the nation in reading and math, but funding cuts could change that (Oklahoma Watch)
Chickasaw Nation breaks ground on state-of-the-art medical center in Newcastle (Fox 25)
M.T. Berry, Oklahoma City’s first black police chief, honored at memorial service (News 9)
This initiative could bring more housing to north Tulsa. Residents still have questions. (The Oklahoma Eagle)
Federal grant keeps GRDA coal-fired plant churning in Chouteau (Tulsa World)*
Why the Tulsa County DA wants Judge Sharon Holmes removed from six cases (News On 6)
Oklahoma appeals court tosses out stalking conviction related to man’s YouTube rant (Oklahoma Voice)
“Gas Station Heroin:" Legal to sell, deadly to take (News On 6)
Project Return will help Choctaw boarding school survivors find student records (KOSU)
Pawhuska Chief of Police charged with fraud in Canadian County (KJRH)
OU Health staff helps terminally ill father walk daughter down aisle as final wish (KFOR)
Red Earth Festival celebrates 40 years in downtown OKC (The Oklahoman)*
5 ways to spend your weekend in Tulsa July 31-Aug. 2 (Tulsa Flyer)
Looking for things to do this August on the eastside? We got you covered. (Tulsa Flyer)
Saturday Poll
Which comes closest to your view of AI regulation?
🎙️ Oklahoma Memo Podcast 🎙️
OKLAHOMA MEMO
Iran Tries to Hack Water Systems? Trump vs. Senate Republicans + Fauci's 5th | Grant & Ryan
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