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Turns Out the Elites Like The Administrative State Better Than Democracy
Turns Out the Elites Like The Administrative State Better Than Democracy
Authored by William L. Anderson via MisesInstitute,
If there is a mantra among progressive American political and media elites, it would be “our democracy,” usually preceded by what they believe to be a threat from the Right. For example, progressives deemed the recent reversal of Roe “a threat to our democracy” because it removed laws regulating abortion from Supreme Court jurisdiction and returned the issue to democratically elected legislatures.
It would seem inconsistent to invoke the democratic electoral process to deal with...
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Oct 21, 2026 / Tyler Durden
Another Poor, Tailing 20Y Auction: Is This One Of The Last Ones
Another Poor, Tailing 20Y Auction: Is This One Of The Last Ones
The week's lone coupon auction took place at 1pm and amid speculation of fireworks at the next Treasury Refunding Announcement in two weeks, when Citi is confident Bessent could announce the end of 20Y auction, it could very well be one of the last sales of 20Y paper for the US.
The auction, as most recent 20Y sales, was mediocre: it stopped at a high yield of 5.469%, the highest on record for the tenor, up 49bps from September,...
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Jul 23, 2026 / Tyler Durden
The Odyssey And The Tiresome Woke War Against White Culture
The Odyssey And The Tiresome Woke War Against White Culture
Authored by Brandon Smith via Alt-Market.us
We’ve all heard the argument for most of our lives: “White culture doesn’t exist.” It’s perhaps the most common racial refrain because it’s the most socially acceptable to repeat. If someone said “Black culture doesn’t exist because black people all herald from different tribes…” that person would be browbeaten as a bigot by the woke mob. When it comes to white culture, such claims are applauded.
The question is, why is it okay to diminish or...
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Apr 22, 2026 / Tyler Durden
U.S. Deploys Ukrainian Acoustic Sensors, Interceptor Drones At Prince Sultan Air Base
U.S. Deploys Ukrainian Acoustic Sensors, Interceptor Drones At Prince Sultan Air Base
Last month's Iranian drone strike on Prince Sultan Air Base in Saudi Arabia appears to have inflicted a costly toll on U.S. forces in the region. The attack destroyed a U.S. Air Force E-3 Sentry Airborne Warning and Control System aircraft and damaged multiple KC-135 refueling tankers, highlighting a major gap in U.S. air defenses against cheap attack drones.
Nearly a month after the drone strike on Prince Sultan Air Base, and following multiple reports that Ukrainian drone forces...
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