The field looking to fill MTG's seat in todays special election
10.03.2026 20:38
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The field looking to fill MTG's seat in todays special election
> @cbsnews.com
"WE CAN TAKE THEM AT THEIR WORD"
Russian leaders denied in a call with Pres. Trump on Monday allegations that they are sharing intelligence with Iran during the war, U.S. Special Envoy Steve Witkoff told CNBC.
“We can take them at their word,” Witkoff said. “Let’s hope that they’re not sharing.”
But because he didn’t think through the most basic realities of the Persian Gulf, one of the key bottlenecks in the global economy, he is inching closer and closer to a dramatic strategic loss.
When he’s pitching this to reporters, he focuses on this big game of Battleship, the number of Iranian warships on the bottom of the sea. He jokes — as he did in that presser — about how much fun it is to kill Iranian sailors.
".. The U.S. believes a joint release of 300 million to 400 million barrels, representing 25% to 30% of the 1.2 billion barrels held in reserve, would be appropriate .."
That suggests that the consistent pattern of deficit spending that has been the norm in the United States for many years has driven up costs for families.
Research has shown that when Congress decides to persistently raise deficits (e.g., by cutting taxes or increasing spending without making offsetting adjustments), then interest rates rise for the overall economy (Gomez-Cram et al., 2025).
With diminishing storage facilities for exports, DW asks whether Gulf oil production could be shut down within days.
No shit..
Russia would supply oil and gas to European buyers, provided such cooperation was "long-term" and did not put political pressure on Moscow, President Vladimir Putin said Monday.
For Asian economies in particular, this is not an abstract geopolitical question. The Strait of Hormuz, now effectively closed, carries roughly 60% of Asia’s crude oil imports. Fuel-importing Thailand’s stock exchange halted trading last week after an 8% plunge.
Should a rise in the overall CPI number bleed into the core rate, then the Federal Reserve will be forced to respond by considering a hike in rates this year.
My sense is that the nature of the recent shock, coupled with market expectations of short-lived conflict, has created classic conditions for inflation that is higher than what the market expects.
Allow me to answer - Zip, zero, zilch, nada, no way in hell..
On the ballot:
12 Republicans
3 Democrats
1 Libertarian
1 Independent
A runoff election next month is all but assured between 2 of the 12 Republicans.
UK newspapers say new Iranian leader’s vast global property holdings include two apartments on same street as embassy, 50 yards away, enabling ‘permanent surveillance’ and constituing a ‘serious security breach’
Indexing capital gains would be regressive. The top 0.1 percent by income would see an average tax cut of about $350,000 while those in the bottom two quintiles would not benefit at all.
Fuck Cruz and Scott
"The Washington Post reports that Senators Ted Cruz and Tim Scott are asking the Treasury Department to use regulatory action to index capital gains to inflation. Senator Cruz has also introduced legislation in recent years to achieve the same goal."
“Cocky Iran Hawks Forget the History of Blowback” — my latest for @washingtonmonthly.com
washingtonmonthly.com/2026/03/10/i...
“Who could’ve seen this coming?” is highly unpleasant when the answer is “most people who know anything about this big topic and they’ve been saying so for years.”
“ #Toronto police are investigating after a person opened fire at the #American #consulate early Tuesday morning.” www.thestar.com/news/gta/sho...
Da fuq?
Trending on BlueSky
Every time Hegseth opens his mouth, this is what I hear...
youtu.be/h2fv9Yq0i_Q?...
Bloomberg chart showing the pronounced negative impact of the attack on Iran on various key global stock indexes.
1 Bloomberg: Donald Trump's decision to attack #Iran has injected a new and potentially long-lasting #shock into the #globaleconomy at a time when investors were already grappling with an array of forces threatening to upend their confidence. 🧵
Trump is more likely to declare victory in few weeks over Iran and simply move on, without any understanding of or care for the dangers of power vacuums or the deeper conflict with Israel at stake. I
Neither the Trump administration, nor the government of Israeli Prime Minister Benjamin Netanyahu, are interested in any post-war diplomatic initiative to try to bring about peace to the region.
At the very least, it was widely presumed that U.S. self-sufficiency in oil would protect America from disruptions in oil supplies overseas.
But that presumption was wrong.
Oil is traded on world markets, so the price is more or less the same everywhere.
It appears as if Operation Epic Fuck Up is going to continue and that he just made that early comment to manipulate the markets prior to his presser.
Kolanovic.