Cronyism and Regulatory Capture

DOE FY27 Budget Requests $45 Billion in Nuclear Funding The White House fiscal year 2027 budget proposal has requested almost $54 billion for the Department of Energy in fiscal year 2027, with almost 80% of that funding going towards nuclear energy and nuclear deterrent programs. The funding request represents a nearly $5 billion increase from 2026 levels. Outside of the $32.8 billion in funding requested for the National Nuclear Security Administration (NNSA), the Trump admin cites a $2.7 billion reduction in funding requests achieved by “slashing Green New Scam initiatives and...

After "Fantastic Day" With Xi, Trump Touts 200-Jet Boeing Deal As China Offers Hormuz Help Summary:  Trump says Boeing Secured a 200 'Big' jet order from China Trump says President Xi wants Hormuz reopened, won't give Tehran weapons  Trump, Xi Put Hormuz, Iran, Trade, Taiwan At Center Of Historic Beijing Summit Boeing-China Jet Deal A highly anticipated Boeing jet deal appears to have materialized after the first day of President Trump's summit with President Xi Jinping.  Fox News reports that Trump said Boeing secured an order for 200 "big" jets from China. He said the order...

The AI Economy, Part 1: Looking Beyond The Facade Authored by Michael Lebowitz via RealInvestmentAdvice.com, The US economy’s curb appeal looks great. Consider that gasoline prices are nearly $5, crude oil is trading above $100, consumer sentiment is at historically low levels, and mortgage and other interest rates have remained relatively high. Yet, despite the worrisome headwinds, the US consumer-driven economy continues to expand. However, as with a house’s curb appeal, it’s not just the headline data that defines an economy. Equally important is its supporting structure. Let’s open the door...