DOES SPANKING VIOLATE THE NON-AGGRESSION PRINCIPLE?

A high-level defense official told a House Armed Services Committee on Tuesday that the continuing operations against Latin American drug cartels were “just the beginning”, and left open the possibility of deploying ground forces. The official, acting assistant secretary of defense for the Department of Homeland Defense John Humire, told the committee that these operations–referred […]

"Serve Your Country": Uncle Sam Seeks Investment Bankers For 'Economic Defense Unit' The Department of War is reportedly building a 30-person investment banking team, called the "Economic Defense Unit," to deploy $200 billion in private equity over three years into defense companies and, more importantly, war unicorns, as the race to secure the Western Hemisphere and counter China, Russia, and Iran intensifies in the Trump era. Seamfor reviewed a slide deck from the headhunting firm Heidrick & Struggles that says DoW is seeking to stack EDU with bankers from Goldman...

Fed Remains On Hold (As Expected) Amid 'Uncertain Implications' Of War With Iran Tl;dr: Rates on hold as expected with a hawkish tilt to 'uncertainty' around the Iran war clouding the outlook. The Dot-Plot showed no real change (7 on hold, 12 at least 1 cut in 2026) but inflation expectations surged in the SEP. *  *  * A lot - and we mean a lot - has happened since the last FOMC meeting (Jan 28th). Oil is up 54% since the last FOMC meeting, bitcoin has tumbled. Gold and stocks are also...