The Monopolization and Collectivization of the Security Industry

Mortgage Rates Hit 9-Month High, Freezing Out Homebuyers In Peak Season The average rate on a 30-year fixed mortgage climbed to its highest level since August, threatening to derail the spring selling season as higher Treasury yields and renewed inflation pressure push loan costs higher and freeze more prospective buyers out of the market. Freddie Mac data released Thursday show the 30-year fixed mortgage rate for the week ending May 21 jumped to 6.51% from 6.36%, the highest rate since Aug. 28, 2025. Soaring mortgage rates stem from turmoil in the Gulf...

NATO 3.0: Report Details 'Fundamental Restructuring' Of US Commitments Via The Cradle The US is moving forward with a "fundamental restructuring" of its commitments to European security, transitioning from the traditional "burden sharing" strategy to that of "burden shifting," according to a Der Spiegel report published on May 26. Under the new vision dubbed "NATO 3.0," Washington expects European allies to assume responsibility for the continent’s entire conventional defense. Source: Dunya In this new framework, the US will primarily provide a nuclear deterrent rather than the broad military support it has historically guaranteed. This transition, which the report notes...

Spirit Airlines 'Bites The Dust' As All Flights Canceled The collapse of bankrupt Spirit Airlines is now official. After several failed attempts by the Trump administration to engineer a rescue package, including a proposed $500 million financing deal that could have left the U.S. government with control of up to 90% of the budget carrier, negotiations broke down late this week. By Saturday morning, Spirit had begun winding down operations, with all flights canceled and the carrier entering liquidation mode. The outcome marks the final flight for the budget airline, crushed by...