Persistent Delusion Among the American and NATO Defense Establishment

US Existing Home Sales Bounced In February As Mortgage Rates Tumbled Despite tumbling mortgage rates, existing home sales plunged (the most since COVID) in January, with some blaming 'below-normal temperatures' despite The West suffering the biggest declines (and unaffected by the winter storms). Consensus was for a modest 0.8% MoM decline in February (again despite an ongoing drop in mortgage rates) but sales actually surprised to the upside, rising 1.7% MoM. Perhaps even more notably, January's 8.4% MoM plunge was revised up to a slightly less crazy 5.9% MoM drop... Source: Bloomberg With...

US Signals Allies 'No Immediate Plans' For Ground Invasion, As Iran Warns 'Heavy Price' To Pay For Nuclear & Steel Plant Attacks Summary US signals to allies no ground invasion coming, with thousands of troops still en route: Iran denies requesting Donald Trump’s 10-day halt; Israel attacks steel & industrial sites. Also, Khondab Heavy Water Research Reactor, part of the Arak Nuclear Complex, targeted. Yellow Cake factory in Yazd province hit. Escalation on all fronts: IRGC HQ targeted by US-Israsel; Iran signals expansion by naming UAE targets, hitting Kuwait ports and sending drones...

Restoring Meaning To American Citizenship Authored by John Velleco via Gun Owners of America, This week, the Supreme Court will hear oral arguments in a case that could redefine one of the most fundamental questions in American law: Who is a citizen of the United States? Does birth on U.S. soil automatically confer citizenship, even when the parents owe allegiance to a foreign nation? Gun Owners of America and Gun Owners Foundation, along with several others, have filed a Friend of the Court brief urging the Court to take a fresh look at...