The Elusive Giffen Good, Once Again

Hegseth Pushes $1.5 Trillion Military Budget As Tribute To Lindsey Graham Authored by Dave DeCamp via AntiWar.com, US Secretary of War Pete Hegseth called on Congress to approve his request for a $1.5 trillion military budget for 2027 during remarks at a ceremony in South Carolina for the renaming of Joint Base Charleston to Joint Base Lindsey Graham in honor of the late Sen. Lindsey Graham, who died unexpectedly last month. Hegseth claimed that before he died, Graham told him that the $1.5 trillion request was the best military budget he'd ever seen. Department of...

More Than Just Iran By Peter Tchir of Academy Securities Without a doubt, trading at the start of the week will hinge on developments in the ongoing ceasefire negotiations. As Spider, Bret, and I discussed on Friday’s podcast the range of possible outcomes has not narrowed significantly. Anything from a serious deal, to walking away and restarting the attacks seems plausible. Spider “guffawed” at the comparison of Regime Change to Welcome Back Kotter – well, the names have all changed… You know we live in a weird world, where in less than a...

Senate Moves Major Crypto Regulation Bill Toward Vote Authored by Tom Gantert via The Epoch Times, Senate Majority Leader John Thune (R-S.D.) took a procedural step Saturday to bring the CLARITY Act to the Senate floor, setting up a vote on whether to consider the bill when lawmakers return from their August recess. The CLARITY Act would establish a federal regulatory framework for cryptocurrency and other digital assets, spelling out how the industry would be regulated and which federal agencies would have authority over different types of assets. The legislation would divide oversight...