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Trump Set To Unveil His $1.5 Trillion Military Budget Request Amid Raging Iran War

President Trump is expected to unveil his request for a $1.5 trillion military budget for the 2027 fiscal year on Thursday, Reuters has reported, marking a 50% increase from this year’s already massive budget. The 2026 military budget marked the first to officially exceed $1 trillion, which was achieved by Congress passing a 2026 National Defense […]
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May 15, 2026 / Tyler Durden
Collum: Was Fed Chair Warsh Chosen For A Controlled Demolition?
Collum: Was Fed Chair Warsh Chosen For A Controlled Demolition? Supposed monetary hawk Kevin Warsh, who was officially sworn in as the 17th Fed Chair earlier this week, will now face the dilemma of staying true to his hawkish roots or caving to his unabashed high-rate hating President. That is, of course, unless there’s a deeper plan at play… Last night, Cornell professor Dave Collum hosted Michael Lebowitz and Stephanie Pomboy for a deep dived into ‘How F***ed Markets Are’ where Dave posited the theory that Warsh man be a demolition...
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Mar 20, 2026 / Daniel McAdams
War Isn’t Free … How The American People Pay Dearly For It
Just because we don’t get invoices in the mail, doesn’t mean we don’t pay dearly for the empire’s senseless wars. Most of us Americans have been hammered our entire lives to pay for them. It was hoped that the long-train of disasters was coming to an end with the second Trump Administration. But alas, it […] The post War Isn’t Free … How The American People Pay Dearly For It appeared first on LewRockwell.
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Mar 13, 2026 / Joshua Mawhorter
Revisiting Colonial Massachusetts and Mises’s Taxonomy of Money
Contrary to what the Modern Monetary Theory advocates and their Chartalist allies are claiming, the 1690 colonial Massachusetts issuance of fiat money did not create an enlightened moment in U.S. monetary history. Instead, it was a monetary bait-and-switch.
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