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Trump Invokes Defense Production Act As US Moves To Rebuild Weapons Stockpiles
Trump Invokes Defense Production Act As US Moves To Rebuild Weapons Stockpiles
The Trump administration is seeking a major increase in defense spending while simultaneously using executive authority to accelerate weapons production, reflecting growing concern over U.S. munitions inventories after the war with Iran, according to NBC.
Defense Secretary Pete Hegseth met with Senate Republicans this week to rally support for a proposed $350 billion defense package, much of which would be directed toward replenishing missile and weapons stockpiles.
According to NBC, Sen. John Cornyn said the Pentagon is “running short of...
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Apr 26, 2026 / Tyler Durden
Will the Left Make The WHCA Dinner Shooter A Hero?
Will the Left Make The WHCA Dinner Shooter A Hero?
There was a lot of confusion in the initial hours after the shooting at the White House Correspondents Association Dinner at the Washington Hilton on Saturday night. But it soon became clear that the suspect, Cole Allen, a 31-year-old teacher from Torrance, California, had rabid anti-Trump views and was there to target Trump administration officials.
While the usual suspects on the left are issuing standard statements condemning violence, there’s a real concern that the left will lionize Allen. And even former...
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May 21, 2026 / Tyler Durden
Rickards: Investing In A World In Turmoil
Rickards: Investing In A World In Turmoil
Authored by James Rickards via DailyReckoning.com,
To say that the world is in turmoil to an extent not seen since the 1960s is an understatement.
The war in Ukraine is now in its fifth year. The war in Iran continues with no end in sight, despite Trump’s optimistic talk. NATO may be nearing the break-up stage as Trump pulls U.S. troops out of Germany.
Energy prices are soaring, inflation has accelerated sharply again, consumer confidence has fallen sharply, debt is at an all-time high and supply...
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Jul 2, 2026 / Farzin Rahimi Zonouz
Culture, the State, and the Problem of Liberty
The modern state has become not only the guardian of political order but also the architect of cultural identity. We must separate culture from the state.
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