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US Launches Its 63rd Airstrike of the Year in Somalia

The US has launched another airstrike in Somalia, according to a press release from US Africa Command, as the Trump administration continues its record-shattering bombing campaign in the country. AFRICOM said that the strike targeted the ISIS affiliate in Somalia’s northeastern Puntland region, about 46 miles southeast of the Gulf of Aden port city of […]
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Apr 13, 2026 / Tyler Durden
The Case Against Public-Sector Unions
The Case Against Public-Sector Unions Authored by Aaron White via RealClearPolicy, America’s public-sector unions have a problem they can’t explain away: Workers are leaving. Ask a public employee when they joined their union and most couldn’t tell you. Because they didn’t join. The dues just started coming out of their check. That’s not a membership, and for decades nobody told workers they could opt out. That changed in 2018, when the U.S. Supreme Court affirmed in Janus v. AFSCME that no government employee can be forced to join or pay dues to a labor union. Hundreds of...
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Mar 26, 2026 / Tyler Durden
Diplomacy Has Not Stopped, Iran Says, While Vowing To Continue The Fight; Trump Mulls Plan To Deliver 'Final Blow'
Diplomacy Has Not Stopped, Iran Says, While Vowing To Continue The Fight; Trump Mulls Plan To Deliver 'Final Blow' Summary Iran rejects US plan but says diplomacy continues (indirectly, apparently) - White House, Pentagon reviewing options for 'final blow' as Trump tells Iranians 'get serious' about talks. Trump said to want 'speedy end to war' (WSJ) while at the same time warning Tehran of 'no turning back' if it doesn't negotiate. Israel says it has killed Alireza Tangsiri, commander of Iran’s Islamic Revolutionary Guard Corps navy. Iran "laying Traps" & "building up defenses" on...
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Mar 24, 2026 / Tyler Durden
Terrible 2Y Auction: Biggest Tail In 3 Years, Dealers Highest Since 2022
Terrible 2Y Auction: Biggest Tail In 3 Years, Dealers Highest Since 2022 With both foreign and domestic investors dumping gold (and anything else not nailed down) to fund oil, at its brand sparkling new price of $170 (in Asia), we were wondering how long before the lack of disposable cash hits US debt. We got the answer today at just after 1pm when we got the results of today's $69 billion 2Year bond auction. In a nutshell, it was terrible. The auction priced at a high yield of 3.936%, up from...
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