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How Antitrust Populists Drove Spirit Airlines Out of Business
Antitrust populists claimed blocking the Spirit–JetBlue merger would protect competition and consumers. But their effort entirely misdiagnosed the problem with the airline industry, leading to an intervention that strengthened the very oligopoly they set out to fight.
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Apr 9, 2026 / Larry C. Johnson
Trump Got Played by Israel… And the Game Continues
Here is the non-news news flash up front — The alleged ceasefire between the United States and Iran is kaput. While there has been no official announcement stipulating that it is over, trust me, it is over. The copium in the Trump administration in particular, and in Washington, DC in general, is ridiculous… Proclamations of a great […]
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Mar 9, 2026 / Dave DeCamp
US Southern Command Kills Six in Latest Boat Strike
US Southern Command announced on Sunday that its forces blew up another alleged drug-running boat in the waters of Latin America and killed at least six people, marking the first known US boat strike since the US and Israel launched the war against Iran. SOUTHCOM said that the strike targeted the small vessel in the […]
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May 6, 2026 / Tyler Durden
Treasury Weighs Allowing Billionaires To Donate Stock To Trump Accounts
Treasury Weighs Allowing Billionaires To Donate Stock To Trump Accounts
Here's something that could go incredibly well or spectacularly wrong: The Trump administration’s flagship program for American children - the so-called Trump accounts - could soon get a dramatic upgrade. White House and Treasury Department officials are in internal discussions about letting the world’s wealthiest individuals donate shares of their companies directly into the accounts, a move that would transform the program from a conservative cash-and-index-fund vehicle into a potential magnet for high-growth tech stock.
The accounts, formally known as Section...
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