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WSJ Catches Up, Discovers AI's Off-Balance Sheet Liabilities Are $3 Trillion And Growing $1.2 Trillion Per Quarter
WSJ Catches Up, Discovers AI's Off-Balance Sheet Liabilities Are $3 Trillion And Growing $1.2 Trillion Per Quarter
More than two months ago, long before most Wall Street analysts had any clue that the bulk of the AI buildout commitments were diligently hidden in various off-balance sheet SPVs and other (perfectly legal) accounting gimmicks, we wrote a lengthy article detailing just that, and explaining why far beyond the $1 trillion (and rapidly rising) in annual plain vanilla capex -- all of which now has to be funded through debt issuance since...
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Oct 20, 2026 / Tyler Durden
RTX Boosts Outlook Again As Missile Demand Fuels Rearmament Supercycle
RTX Boosts Outlook Again As Missile Demand Fuels Rearmament Supercycle
RTX Corp., formerly Raytheon Technologies, raised its full-year outlook for a third straight quarter as the Western rearmament supercycle gathers momentum.
Wall Street welcomed the earnings update: RBC Capital Markets called the results "strong," Goldman Sachs highlighted a "solid quarter" with higher guidance, and UBS pointed to "accelerating defense growth."
The Tomahawk cruise missile maker reported third-quarter earnings earlier and now expects 2026 adjusted earnings of $7.65 to $7.75 a share, up from a previous ceiling of $7.25. Even the lower end...
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Mar 12, 2026 / Dave DeCamp
Nine PMF Fighters Killed by US Airstrikes in Iraq
Nine members of the Iraqi Popular Mobilization Forces (PMF) were killed by what were likely US airstrikes in Iraq on Thursday, as Iraq has become a major battlefield in the US-Israeli war against Iran. Unnamed Iraqi security officials told AFP that the strikes targeted a PMF base near the Iraq-Syria border housing Harakat Ansar Allah […]
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Jun 17, 2026 / Tyler Durden
Of The Elite, By The Elite, For The Elite
Of The Elite, By The Elite, For The Elite
Authored by John C. Eastman via The American Mind,
For generations, Democrats have portrayed themselves as the party of ordinary Americans - factory workers, waitresses, truck drivers, police officers, construction workers, and middle-class families trying to get ahead. Yet one of the most striking features of modern American politics is how often Democrat leaders, activists, and media allies seem genuinely baffled by the very people they claim to represent.
The latest example comes from Washington Post columnist Monica Hesse, whose reaction to President...
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