Yes, the Latest Bank Bailout Is Really a Bailout, and You Are Paying for It.

Trump Announces US To Cover Insurance For All Ships Traveling Through Gulf, Will Provide US Navy Escorts Update (1440ET): Moments ago President Trump announced that the United States will provide insurance for "ALL Maritime Trade" via the US Development Finance Corporation (DFC), and will provide Navy escorts, "if necessary." Effective IMMEDIATELY, I have ordered the United States Development Finance Corporation (DFC) to provide, at a very reasonable price, political risk insurance and guarantees for the Financial Security of ALL Maritime Trade, especially Energy, traveling through the Gulf. This will be available to all Shipping Lines....

CCP-Linked NGO Network Prepares "Emergency Protests" In US After Trump's Iran Strikes Jeopardize Oil Flows To China TL;DR, while we find the actions of the Trump administration disappointing - based on their campaign promises vs. reality - there can be little doubt (given the speed and breadth of action) that kneejerk protests emerging within minutes of an event are clearly manufactured, aimed at leftist youth, and risk alienating antiwar conservatives. Planned demonstrations branded "Hands Off Iran" or "Stop The War On Iran" are scheduled to take place this afternoon in major cities...

Brazil Proposes National Bitcoin Reserve, Targets 1 Million BTC Over Five Years Authored by Micah Zimmerman via BitcoinMagazine.com, Brazilian lawmakers have reintroduced a bill to create a national Strategic Sovereign Bitcoin Reserve, known as RESBit, proposing the gradual acquisition of one million bitcoins over five years.  The bill, presented by Federal Deputy Luiz Gastão (PSD/CE), outlines a comprehensive framework to integrate Bitcoin into the country’s financial strategy and diversify national reserves. The proposed legislation establishes several guidelines for RESBit. First, the plan calls for a gradual accumulation of at least 1,000,000 BTC over five years. It prohibits the...