Relevant and even prescient commentary on news, politics and the economy.

Trade Deficits, Tariffs, and Rare Earths

Having read the part of processing rare earths in China when the United States has a sufficent supply of rare earths to sustain US Processing. It may make sense to process rare earths in the US. The possesses significant rare earth element (REE) deposits estimated to be > than 3.6 million tons. There are major […]

Brief Oil News Today

Some of the latest oil news from Oil Price, March 6, 2027 March 6. 2026: Brent tops $90 as the Strait of Hormuz closure halts Gulf oil flows and Iraq and Kuwait begin cutting output, fueling fears of a sharper price surge. “Oil Prices Hit $90 as Middle East Tensions Escalate,” Julianne Geiger, OIl Price, […]

Anthropic and Pete Hegseth

This one has to go . . . Two forces are stopping sensible regulation of AI. He’s one of them. Pete Hegseth and the AI Doomsday Machine – Robert Reich Which is more important to you? Allowing Pete Hegseth to use artificial intelligence (AI) however he wants, OR preventing AI from doing mass surveillance of […]

“New regime” of lower jobless claims continues – a good sign (but for geopolitical idiocy)

– by New Deal democrat Let’s take our weekly look at jobless claims. As a reminder, I pay attention to these because they are a good short leading barometer of the economy in general, and the jobs market in particular. And the news this week continued to reflect the “new regime” of lower YoY claims […]

Active Volcano in Mexico

Interesting piece on a Mexico Volcano called El Chichón. Biggest fear is an economic impact similar as to what happened previously. “The 1982 eruption of El Chichón in Chiapas, Mexico, was the nation’s deadliest modern volcanic disaster, killing roughly 2,000 people and destroying nine villages with pyroclastic flows. The March-April explosions deposited up to 40 […]

Schrödinger’s nukes

There’s absolutely no evidence that Iran has, or has ever possessed, nuclear weapons. Indeed, the Obama Administration negotiated an agreement whereby Iran agreed not to develop nuclear weapons or even enrich uranium to the purity necessary to create a fission bomb. Trump tore up that agreement, but there’s no evidence that Iran made any progress […]

Here we go again

During the Vietnam war, we were told Americans were fighting and dying because of the domino theory—that if the dictatorship in South Vietnam fell, the communists would take over all of Southeast Asia and India. It was a lie. During the US invasion and military occupation of Iraq, we were told that Americans were fighting […]