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'Prison For Reich': Musk Slams Former Labor Secretary Over Commie Fever Dream To Nationalize SpaceX

'Prison For Reich': Musk Slams Former Labor Secretary Over Commie Fever Dream To Nationalize SpaceX Former Labor Secretary Robert Reich said on a podcast that Democrats should lay the groundwork for nationalizing SpaceX and Starlink if they win the White House, according to PJ Media. "Defund Musk. I mean this," Reich told host Heather Lofthouse on The Coffee Klatch. "If we have a Democratic administration - and the Democrats ought to be starting this, not just with oversight hearings, but also laying the groundwork for nationalizing Starlink and SpaceX. Nationalize...
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Apr 3, 2026 / Tyler Durden
Oil Shocks & Recessionary Outcomes
Oil Shocks & Recessionary Outcomes Authored by Lance Roberts via RealInvestmentAdvice.com, After more than three decades of watching oil markets upend economies, one pattern keeps repeating: investors learn the wrong lessons from the last shock. The 1973 OPEC embargo taught us that geopolitical disruptions are temporary. That lesson then got everyone killed, financially speaking, in 1979. The 2003 Iraq War produced only a mild oil bump and no recession, so traders got comfortable. Then 2008 happened. Today, with Brent crude having spiked over 60% since U.S. and Israeli strikes on Iran...
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Jun 14, 2026 / Tyler Durden
Trump Says New Israeli Attack On Beirut "Should Not Have Happened" - Also Warns Hezbollah "Let's Not Blow It"
Trump Says New Israeli Attack On Beirut "Should Not Have Happened" - Also Warns Hezbollah "Let's Not Blow It" Update(1140ET): President Trump on Truth Social has sought to brush back the Israeli Sunday strikes on Beirut's southern suburbs, saying this morning's attack "should not have happened" and given it was on "a special day when we are so close to a Peace Deal with Iran. He emphasized, "We are very close to a Deal that will bring peace to the region, including to Lebanon, and all sides should stand down."  He warned...
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Jun 22, 2026 / Tyler Durden
Nadella's Hedge: Microsoft Wants To Make AI Models Cheap - Then Own The Rails They Run On
Nadella's Hedge: Microsoft Wants To Make AI Models Cheap - Then Own The Rails They Run On The entire AI capital cycle - roughly $700 billion in hyperscaler capex this year, an estimated $2 trillion-plus through 2028 - is collateralized by one belief: that intelligence is scarce, and therefore priceable. That belief is already under strain. Per-token inference prices have fallen on the order of 200× in a year, and the only thing holding revenue up is volume; the cost of intelligence is dropping even as the cost of deploying...
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