Fearless commentary on finance, economics, politics and power

Inflation is hitting U.S. shores and more bad war news keeps making the MSM. Plus, Iran seized some ships and Israel is Gaza-ing Lebanon.

Michael Hudson explains the dangers and costs of Wall Street’s Ponzi schemes.

Not only is Trump inventing his own school of math. but he is also pretending that paying more than market rates for drugs is a savings.

Michigan is on the frontlines of the American Democratic Party’s internal battles over Israel with a competitive U.S. Senate primary and lingering fallout from the suppression of Pro-Palestine campus protests.

Wildfires now have longer burn-times; California has about 550 more fire-friendly hours a year than it did in the 1970s.

POTUS Trump extended the ceasefire despite Iran refusing to send a delegation to Islamabad for more negotiations. Plus, “Is There a Method to America’s Madness?” pro and con.

We have discussed the Great American Food System (GAFS) throughout this series, most recently in review of What to Eat Now (2025) by Marion Nestle.  That the GAFS is productive, in both tonnage and profit (for some) is a given.  But a common view of its critics is that much of this production is misguided, […]

AI surveillance and algorithmic management threaten worker autonomy and dignity.

Israel’s pursuit of territorial expansion is driven by persistent security and ideological pressures, but the conditions required for successful consolidation are increasingly absent. A dense web of constraints—geographic, demographic, legal, and geopolitical—prevents expansion from producing durable stability. The result is a pattern of recurring conflict and bounded escalation without resolution.

AI appears to perform no better than astrology, yet even the author of this critical piece defends its use in medicine.

POTUS Trump and the Iranians are locked in a high tension stand off and the pressure on everyone is building like divers trapped in a bell that’s springing leaks as it descends into the abyss. And the hallucinations and delusions are building as bubbles form in the bloodstream and the brain. Let’s start with the […]

“Argentina should focus on what it is ‘inherently competitive’ at: agriculture, mining, oil and gas. What God has given us.”