Get ready for some "warflation": higher prices for oil, gas, food (lots of fertilizer passes through Hormuz), goods made with petrochemicals (umbrellas, shampoo, toys, etc.), and pretty much anything that needs to be transported anywhere.
Affordability! open.substack.com/pub/thebulwa...
SCOOP: The Army in recent days canceled a training exercise for the headquarters element of the 82nd Airborne Division, fueling speculation among soldiers that they may be called upon for a still undefined mission as the war with Iran widens.
wapo.st/4uiXxTO
CNN matches WaPo:
@cnn.com
www.cnn.com/2026/03/06/p...
“I know we just forced you into a full-blown energy crisis, but you’re still good for that $550 billion investment, right?” 🤡
Wish me luck. I am seeing my CPA this afternoon. I think my calculations are on target. 🤣
I think we are on the path of an empire on collapse. It didn't need to happen.
I swing back and forth between thinking this all the most successful foreign op of all time or just the normal stages of an empire in collapse. This is a complete dissolution of American power on every front - cultural, economic, military, scientific, technological. In real time. Happening now.
"For retirees like us, the ideal home is in a “15-minute city,” a concept by urban planners who promote neighborhoods in which most daily needs—food, housing, healthcare, culture, jobs—are within 15 minutes by foot, bike or public transit."
www.wsj.com/lifestyle/re...
Tfw your credit card company cares more about you than your government.
After a year of berating and humiliating Ukraine, we could really use their help with drone warfare.
Irony of ironies. 🇺🇦
@pkrugman.bsky.social
paulkrugman.substack.com/p/renewable-...
Collecting your money illegally was so much easier.
Maybe this is just me, but I kind of think massive military operations, in which we're demanding unconditional surrender as the outcome, probably should be authorized by Congress.
HUGE differences in jet fuel depending on exposure/ability to export- inland jet fuel prices have launched by ~$1/gal vs week ago, while potential export markets have seen jet fuel prices rising closer to $2/gal to over $4/gal on the Iran situation. US airlines will get hammered.
BREAKING: The national average price of gasoline has risen to $3.262/gal- the highest level recorded during either of Trump’s terms in office, according to live GasBuddy data.
fun fact about our Markwayne - he is the only sitting Senator who does not possess a college degree (I know, shocking!)
JAN 6 PLAQUE will finally be posted at Capitol, after long, unreasonable delay by Trump supporters
youtube.com/shorts/-yLFV...
Tesla’s US vehicle sales fell year over year for the fifth straight month in February, according to data released Tuesday by Motor Intelligence.
The company sold 38,500 vehicles during the month, down 11.8% from 43,650 units a year earlier.
/1
With Amazon down, a good reminder to buy books from actual bookstores—not an oligarch-owned tech behemoth that exploits its workers.
“.. the prospect of Ms. Halligan losing her license could serve as a check on administration lawyers who have been accused by judges of pushing the boundaries of the law or intentionally misleading the courts, which has happened frequently in recent months.”
www.nytimes.com/2026/03/05/u...
Iraq's first lady, Shanaz Ibrahim Ahmed, a political/humanitarian figure from a prominent (& very political) Sulimaniyah-rooted Kurdish family closely tied to the PUK, coming in hot with a free history lesson for people who think Iraqi Kurds might be unquestioningly game for more US bait-and-switch.
BREAKING NYT:
Lindsey Halligan, the ex-U.S. attorney in the Eastern District of Virginia who brought criminal cases against Trump's enemies over the objections of career prosecutors, is under investigation by Florida's bar association, according to a letter the organization sent last month.
93 million Iranians may also have opinions.
Beth Hammack tells @nytimes.com that the Fed should be on hold for "quite some time"
The next move may also not necessarily be down: "If we don’t see inflation moving toward target as I expect, it could mean that we need to put more restriction on the economy" www.nytimes.com/2026/03/04/b...
* TRADERS BOOST ECB RATE BETS, SEE 75% CHANCE OF A HIKE THIS YEAR
@bloomberg.com
Wholesale gasoline is up 50% so far this year.
One wonders what Trump would consider “up much.”
Private credit is having a day.
@nytimes.com @bloomberg.com
$APO $BLK $OWL
www.bloomberg.com/news/newslet...
Ay, Dios mio.
@apnews.com
apnews.com/article/iran...
An intricate octopus cut from a single piece of paper
Japanese artist Masayo Fukuda hand-cut this life-sized octopus from one sheet of paper. Known as Kirie in Japanese (translated as “cut picture”), the art form involves cutting intricate forms from a single sheet of white paper and then contrasting it against a black background to reveal the design.
You are never going to put Pete Hegseth in front of cameras and microphones and have the sentient world feel anything but a bad cocktail of contempt and anxiety. He oozes obnoxious, out of his depth clown
