3+ day, 21+ hour ago   (151+ words) Scott Bessent boasting “I am the house” and trying to talk down the dollar is the classic hubris of a central planner. As Martin Armstrong points out, we saw this exact political vanity with the 1985 Plaza Accord—and the market…...

4+ day, 8+ hour ago   (583+ words) As the US prepares to mark 25 years since Sept. 11, 2001, Donald Trump has removed top Al Qaeda figures from the US list of designated terrorists. Among those he delisted was Abdullah Muhaysini, a Saudi cleric who recruited child fighters and teen…...

4+ day, 8+ hour ago   (1732+ words) “War is a racket. It always has been. It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one in which the profits are reckoned in dollars and the losses in lives.” — Major…...

6+ day, 8+ hour ago   (752+ words) Donald Trump does not want to kill millions of Iranian civilians. But Trump has a gun to his head and time is running out. The Strategic Petroleum Reserve is getting dangerously low, long-term interest rates are edging up, and a…...

1+ week, 2+ day ago   (179+ words) On 31 August 2026, I was on “Judging Freedom” talking about Iran and Ukraine. I made the case that despite all the hype in the West about how well Ukraine is doing in its war with Russia, the fact is that the…...

1+ week, 2+ day ago   (192+ words) Writes Moon of Alabama: The Trump administration has yet to learn of cause and effect … Bessent Blames High Energy Prices on Ukraine’s Russia Strikes (archived) – Bloomberg, Sep 2 2026 Treasury Secretary Scott Bessent said Ukrainian drone strikes on Russian energy facilities were…...

1+ week, 3+ day ago   (477+ words) The US Treasury has doubled the size of its buyback operations for longer-term government securities from $2 billion to at least $4 billion per operation after long-term yields surged to levels not seen in nearly two decades. They will call this “liquidity…...

1+ week, 4+ day ago   (143+ words) —– Writes Tyler Durden: Pezeshkian: We’ll Teturn to Ceasefire if US Does Iranian President Masoud Pezeshkian on Tuesday reiterated his country’s willingness to return to talks with the US, but made clear that Washington must return to its prior commitments made....

1+ week, 4+ day ago   (186+ words) —– Writes Tyler Durden: Treasury Secretary Scott Bessent told the audience at the Group of 20 finance ministers’ meeting in Asheville, North Carolina, that Iran’s ability to weaponize the Strait of Hormuz will be reduced to zero because “oil will be going…...

1+ week, 5+ day ago   (472+ words) The United States has crossed $40 trillion in gross federal debt, and Washington will treat it as another unfortunate milestone before returning to the business of spending money it does not have. The more immediate problem is what it costs to…...