A tale of two worlds

U.S. Waives Jones Act After Iran Gas Field Attack Shortly after Israeli fighter jets struck Iran's upstream oil and natural gas production assets for the first time in Operation Epic Fury, sending WTI futures to $98.5/bbl, the Trump administration appears to have pulled another emergency lever from JPMorgan's six-option playbook we recently outlined: a 60-day Jones Act waiver that allows foreign-flagged ships to transport oil, gas, refined products, fertilizer, and related energy cargoes between US ports to boost domestic energy flows and ensure shipping capacity does not become a bottleneck. Bloomberg...

True prosperity cannot be measured by aggregate spending totals prone to manipulation and malinvestment, but by private-sector health, wage gains across income levels, and genuine productive investment.

It has been 20 years since the Duke Lacrosse Case dominated the news media. It was a story in which false narratives of guilt pushed by corrupt police and prosecutors, radical members of Duke’s faculty, and the legacy media nearly railroaded three innocent men into prison.