US Says 'No Ships Made It Past Blockade' As Iran Mulls Hormuz Shipping Pause To Preserve Talks, Which Trump Says Could Happen In Two Days

Sebastian Gorka again. This time Gorka acts like he knows the Constitution and the Bill of Rights. He claims the First Amendment prohibits incitement. It does, under certain conditions. The Supreme Court ruled speech is prohibited if directed at inciting or producing imminent lawless action. Furthermore, the speech must be likely to incite or produce […]

Update: CENTCOM said the remains of two US soldiers were recovered, raising the overall death toll to six. The US military losses are beginning to build in the war against Iran. President Donald Trump acknowledged that more US troops will die in the fighting.  On Monday, Central Command reported that a US soldier who was […]

"...The Entire Internet Has Doomer Fatigue" Authored by James Howard Kunstler, "I can tell the entire internet has doomer fatigue." - Catturd on X The mysterious financial repo markets - which practically no one outside of banking understands (and even some banking insiders don't) - started showing some signs of stress recently (forward rates spiking: 1Y1Y SOFR has risen nearly 50 bps in two weeks, signaling growing concern among dealers and investors about future funding costs); though not near the level they did in September 2019, just before You-Know-What sucker-punched the world with...