The Navy says it has no ships available to escort ships through the Strait of Hormuz.
“While the Trump administration is calling for tanker protection, the U.S. Navy told shipping industry leaders that the sea service does not have naval availability to provide escorts.”
Banning Congress, Not Markets: The Insider Trading Dilemma
The Iran War Exposes the Farce of American “Representative Democracy”
The Trump administration has unilaterally—without any Congressional debate or vote, of course—forced Americans into yet another war. This time, the war is a large-scale military campaign against Iran. Was there any groundswell of public support for this war? Did the Congress vote to spend more American tax dollars on another war? Apparently not. According to a March 1 poll from Reuters, only 27 percent of Americans polled said they support the US’s new war on Iran.
A Tax Proposal Against Progress and Democracy
It has become fashionable to believe that inequality and “extreme” wealth compromise democracy, and that, consequently, taxes on high incomes and wealth must be increased even further. Several left-oriented economists (such as Krugman, Stiglitz, and Zucman) and political and social leaders have endorsed this idea, which easily resonates with citizens burdened by stagnant real wages in societies sclerotized by state interventionism and excessive regulation.
Murray Rothbard: A Unique Scholar
[This is the introduction to Man, Economy, and Liberty: Essays in Honor of Murray N. Rothbard, first published in 1988.]
Murray N. Rothbard is a scholar of unique, indeed monumental achievements: the founder of the first fully-integrated science of liberty.
Oil prices keep climbing as expanding conflict heightens supply risks
“Crude oil benchmarks rose more than $4 on Tuesday, soaring for a third session as the U.S.-Israeli conflict with Iran widens...”
Rubio says the State of Israel forced the US to launch the war
“Mr Rubio said President Donald Trump was forced into a preemptive response after learning of an imminent Israeli attack.”
Stuck in Another Disastrous Middle East War
Unfortunately, President Trump listened to the neocons and Benjamin Netanyahu instead of his MAGA base and other voices of caution as he launched a surprise attack on Iran over the weekend. For the second time in nine months, the US Administration used negotiations with Iran as a cover to launch a pre-planned attack.
The US may run out of interceptor missiles
The Iranians are sending their cheapest and oldest missiles first, to deplete the US’ stock of interceptor missiles. Then Iran will send its newer, better missiles.
