Trump’s $1.8 Billion Insurrectionist Slush Fund ‘Dead for Now’ Amid Furious Public Backlash
Trump has been forced into a retreat after a $1.8 billion fund for insurrectionists was a grift too far.
Read more...Author Archives: Yves Smith
Links 6/2/2026
Iran War: Iran Rug Pulls Trump by Suspending Talks Over Ceasefire Violations, Escalating with Demands to End Attacks in Gaza and West Bank, Threat to Close Hormuz and Choke Bab El-Mandab; More on How Hormuz Traffic Will Stay Low Even if “Deal” Agreed
Today’s Iran war news: Iran demands a end to hostilities on all fronts or Bad Things happen. Trump choke chained Bibi…but will that last?
Read more...A Peptide, a Secretive Scientist, and a Debate Over Evidence
RFK, Jr. is backing a peptide out of Zagreb, BPC-157, which has lots of fans and very little evidence. What could go wrong?
Read more...France’s “Forward Deterrence” Vis-à-vis Russia Raises The Risk Of Nuclear War
France plans to deploy Rafale jets armed with tactical nuclear bombs to Poland and other EU states to threaten Russia.
Read more...Iran War: Iran Rejects Trump Claims That Deal Is Near as US Counterproductively Toughens Terms; Hotter Tit-for-Tat Strikes Threaten Ceasefire; What if Trump Continues to Stall When Hitting Energy Cliff ?
Today’s Iran war update: What if Trump fails or refuses to resolve the conflict despite the US going over the energy cliff, projected for July?
Read more...Links 5/30/2026
Manufacturing Consent for Trump’s Invasion of Cuba
Team Trump’s rhetoric against Cuba gets louder despite the lack of legal justification.
Read more...A New Iron Curtain Is Inevitable
European hostility towards Russia and related trouble-making have hit the point where Russian Ambassador invoked a new Iron Curtain.
Read more...When ICE Ramped Up Enforcement, US‑Born Workers Didn’t See Any Economic Gains
US natives did not see wage gains from ICE crackdowns. But the story looks more complicated than some suggest.
Read more...Iran War: New Reports of Agreement on Memo of Understanding Effectively Shot Down by Bessent as He Also Repeats Threats Against Oman; Israel Attacks Beirut; More Warnings of Energy Price Cliff Plus Claim Trump Made Illegal Below-Market SPR Sales
Today’s Iran war news: More Axios “deal is sealed” fake news as real economy costs of continued conflict look even more dire.
Read more...It’s Not Just High Gas Prices – Inflation Is Now Spreading Through the US Economy
Inflation is rising and set to become more severe and puts the Fed in a bind.
Read more...The Brits, French, & Germans Are Now Right on Russia’s Doorstep
Russia has cleared its throat about naked European escalatory threats and belligerent moves. What next?
Read more...Iran War: US Attacks Iran for Second Day as Trump Rejects Leaked Iranian Outline of Terms, Threatens to Bomb Oman; US Draining of Strategic Petroleum Reserve to Contain Energy Prices Means Energy Cliff Arrives Sooner
Today’s Iran war update: The US and Iran trade blows as Trump forcefully rejects fundamental Iran demands and Israel pounds Lebanon.
Read more...Electile Dysfunction—Why Can’t the Democrats Get Their Polls Up?
Quelle surprise! The Democrats will not attend to the material needs of its traditional popular base because it is thrall to its donor class.
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