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Surprise, Surprise. Government Capital Stock Is Deteriorating

Despite the eternal promises of members of Congress, government office space is rapidly deteriorating. Unfortunately, Congress has no plans to deal with the problem. All of this is easily explained by Austrian economics.
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May 20, 2026 / Tyler Durden
Iran Warns Will Take War 'Beyond The Region' If Trump Restarts Attacks
Iran Warns Will Take War 'Beyond The Region' If Trump Restarts Attacks Ali Vaez, director of the Iran Project at the International Crisis Group, has summed up where things stand: "Since the ceasefire came into effect, both Washington and Tehran appear to be operating under the illusion that time is on their side," he said. "Each seems to believe that the blockade and counter-blockade in the Strait of Hormuz impose greater costs on the other, while offering a breathing space to regroup for a possible resumption of hostilities," Vaez told...
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May 28, 2026 /
Report: US-Iran Deal Nearly Complete, Waiting on Final Approval from Donald Trump
Axios reports speaking with American officials who claimed that Iranian and US negotiators had reached a framework for an agreement to end the war, and that the signing of the document was awaiting President Donald Trump’s final approval.  The officials explained that the memorandum of understanding (MOU) would extend the ceasefire for 60 days and […]
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Jul 8, 2026 / Tyler Durden
US Navy Backs 3,800 MPH-Speeding Blackbeard Hypersonic Missile With First Contract
US Navy Backs 3,800 MPH-Speeding Blackbeard Hypersonic Missile With First Contract Authored by Sujita Sinha via Interesting Engineering, The U.S. Navy has awarded defense technology startup Castelion its first production contract for the Blackbeard hypersonic missile. This $23.4 million deal includes 50 pre-production missiles and shows the Navy is ready to move the program past development and testing. The U.S. Navy awarded Castellion a contract to deliver Blackbeard hypersonic missiles. Castelion This contract comes as the Pentagon looks for faster, more affordable hypersonic weapons for long-range strikes. For Castelion, it is the first step...
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