Independent thinking for complex markets and current events
Steve Cortes – X, Released on 9/19/24 CBS: “If there is a Harris-Walz Administration — would you want to play a part in it?” Hillary Clinton: “I would do anything I was asked to be helpful.” 🚨Yikes. A vote for Kamala Harris is a vote to make Hillary Clinton the Defense Secretary or Secretary of …
via WSJ: “As political attacks on the Supreme Court become more heated, the institution could use more defenders. Most of the press and the professoriate are hostile. So it’s welcome that a leading member of the appellate bar is speaking up to defend the Court and urging his colleagues to do the same. “I believe …
The US State Department concluded a $200 million settlement with defense contractor RTX over charges related to mishandling military secrets, including sensitive data about the advanced F-22 and F-35 fifth-generation fighter jets and the B-2 Spirit bomber. These breaches occurred as RTX employees traveled to China, Russia, Iran, and other nations, raising concerns about the …
by confoundedinterest17 Here is Biden/Harrisnomics in one chart! Treasury (interest) payments are growing faster than other government outlays and a larger than the entire Defense outlays. Leading outlays include Medicare/Medicaid and Social Security. Here is Treasury Secretary Janet Yellen symbolically gorging on a foot-long sub. No one spends like unelected government bureaucrats!
MATTHEW CONTINETTI: The Biden-Harris Mental Gymnastics. Harris last faced serious opposition in 2010, when she barely won the race for state attorney general in navy-blue California. Her 2020 presidential campaign collapsed before Iowa. She has no political base, no signature issue, is not part of a movement, and is best known for her word salads and very online …
🚨Just in: US and Canadian fighter jets intercept Russian and Chinese planes flying over Alaska. Via: NORAD pic.twitter.com/EKLGv5LFDT — The Calvin Coolidge Project (@TheCalvinCooli1) July 24, 2024
Canada estimated that it will reach its 2% NATO defense spending target by 2032, according to the country’s president, Justin Trudeau said at the NATO Summit in Washington, D.C., which concluded on Thursday. Since his first presidential run, former President Trump, the presumptive 2024 GOP presidential nominee, has advocated for NATO countries to spend at …
Japan and the Philippines are indeed scheduled to hold high-level defense talks next month. Japanese Defense Minister Minoru Kihara and Foreign Minister Yoko Kamikawa will discuss “bilateral and defense and security issues affecting the region” during the July 8 meeting in Manila. These talks come amid escalating confrontations at sea between Chinese and Philippine ships, …
U.S. interest payments on its debt are now set to exceed defense spending. This year, federal spending on interest payments is forecast to reach $870 billion, surpassing the $822 billion allocated for defense in 2024. The rising interest costs are driven by factors such as increased debt resulting from tax cuts and pandemic-related aid. While this development raises concerns, it’s …
Kusti Salm, the Ministry of Defense’s Permanent Secretary, announced his voluntary resignation due to the government’s inaction. He cited a critical shortage of ammunition as the reason. Salm had repeatedly proposed increasing Estonia’s ammunition stocks, but unfortunately, the decision was not taken. He emphasized the need for a €1.6 billion investment to address this shortage. …
There are tensions between Ukraine and its Western partners regarding F-16 pilot training. Kyiv is pressing the U.S. and European countries to expand the program, but allies counter that Ukraine’s pilots aren’t yet ready to fly the incoming F-16 jets in large numbers. Currently, Ukraine has 30 eligible pilots for training in the U.S., but …
COLOGNE, Germany — The European Union is considering setting up its own air defense shield after bloc leaders threw their support behind a Greek-Polish initiative to that effect this week. The two countries’ prime minsters, Kyriakos Mitsotakis and Donald Tusk, respectively, pitched the idea to European Commission President Ursula von der Leyen in a letter …
“At the request of the French authorities, Israeli companies will not be present at Eurosatory,” the French Armed Forces Ministry said in an emailed statement on Friday. “Conditions are no longer suited to welcome Israeli companies to the French show, in a context where the President is calling for Israeli operations in Rafah to stop.” …
Brighteon Broadcast News, May 27, 2024 – Mike Adams announces historic lawsuit against Google, Facebook, Twitter and the Dept of Defense for CENSORSHIP COLLUSION in America – Government #censorship collusion through NGOs and big tech platforms. (0:03) – Lawsuit against #Google, #Facebook, #Twitter, and government agencies for censorship and collusion. (4:01) – Government censorship and …
🇺🇸🇹🇼🇨🇳 The United States will continue to supply Taiwan with "defensive weapons" in accordance with the 1979 law, said House Committee Chairman Michael McCaul. The US delegation led by McCaul arrived in Taiwan on May 26 for a four-day visit. On Monday, the American delegation… pic.twitter.com/afkhRJURUx — Zlatti71 (@Zlatti_71) May 27, 2024 US Lawmakers Arrive …
In a concerning development for U.S. economic stability, interest payments on the nation’s burgeoning debt have now exceeded expenditures on defense and Medicare combined. Key Points: Interest payments in the first seven months of fiscal year 2024 reached $514 billion, surpassing spending on national defense ($498 billion) and Medicare ($465 billion). Interest costs now exceed …
Former President Trump will not take the stand in his own defense during his New York criminal trial, after his attorneys rested their case Tuesday, shortly after prosecutors did the same the day before. “We’ll be resting pretty quickly — resting meaning resting the case. I won’t be resting,” Trump said outside the courtroom Tuesday …
I wanted to share some insights from Vivek’s recent speech outside the Trump Courthouse. He really went deep into what’s been happening in the courtroom, and let me tell you, it’s eye-opening. pic.twitter.com/KigqBJXh6u VIVEK FULL SPEECH OUTSIDE TRUMP COURTHOUSE "What I want to do is dive a little bit deeper into what we actually learned …
The international community is scrambling to provide Ukraine with air defense batteries, but two key countries, Spain and Greece, have declined to donate their systems. Despite Ukraine’s urgent need for at least seven advanced air defense batteries to protect its cities and critical infrastructure from Russian attacks, Madrid and Athens are prioritizing their own security …
Russian forces destroyed the Trypillia Thermal Power Plant (TPP) in Kyiv Oblast because Ukraine had run out of missiles to defend it during an attack, President Volodymyr Zelensky said in an interview with PBS NewsHour published on April 16. The Trypillia TPP was completely destroyed in a Russian strike on Ukrainian energy infrastructure on April …
BEIJING (AP) — China on Thursday announced rare sanctions against two U.S. defense companies over what it called their support for arms sales to Taiwan, the self-governing island democracy Beijing claims as its own territory to be recovered by force if necessary. The announcement freezes the assets of General Atomics Aeronautical Systems and General Dynamics …
The Ukrainian government should leave its “old-school mentality” behind and implement true equality in its armed forces, Kiev’s chief military adviser for gender issues, Oksana Grigorieva, has argued. Kiev is currently overhauling its military conscription system, with lawmakers debating amendments to lower the mobilization age and penalize draft-dodgers. There are currently no plans to conscript women, but the …
BREAKING: Iran has told the White House that if the US defends Israel against its forthcoming retaliation for the Damascus strike, it will consider the US a viable target as well, per the Intercept. https://t.co/nEIrAH3buo — Financelot (@FinanceLancelot) April 11, 2024
In fiscal year 2024, U.S. national debt interest has exceeded spending on the military. The federal government spent $412 billion on military programs at the Department of Defense during the first half of FY2024. However, the rapidly growing cost of servicing the national debt surpassed military spending. Interest expenses from the $34 trillion national debt totaled $440 billion in the first six months of FY2024, representing a 43% increase from …
Defense Sec. Lloyd Austin: The Goal Is to Bring Ukraine into NATO@SenTuberville: "I heard Sec. Blinken say last week in Brussels that Ukraine will soon be in NATO? You agree with that?" @SecDef: "That's the goal of the NATO members is to, at some point, bring Ukraine into… pic.twitter.com/T1cINwIiaO — KanekoaTheGreat (@KanekoaTheGreat) April 9, 2024
The U.S. military declared on Monday the successful elimination of air defense and drone systems belonging to Yemen’s Houthi forces in the Red Sea region. Despite the operation, there were no reported injuries or damages to commercial, U.S., or coalition vessels. According to the U.S. Central Command, the targeted strike destroyed an air defense system …
Without American help, we will have to retreat, Zelensky admitted Vladimir Zelensky, in an interview with American media, admitted that if Kyiv does not receive the promised assistance from the United States, blocked in Congress, its forces will be forced to gradually begin to… pic.twitter.com/0w7lAY71Ae — Sprinter Press (@SprinterPress) March 30, 2024
by confoundedinterest17 Biden loves to blame Republicans for the border crisis. Although he has it in his power to close and secure the border, but won’t. It’s easier to blame the opposition, like “extreme MAGA Republicans.” Huh, I didn’t realize that as a conservative American I am considered extreme by the Biden Administration. Unfortunately, Biden, …
BREAKING: The China Defense Ministry says that China is ready to intervene militarily anywhere if the United States or NATO decides to attack Russia. pic.twitter.com/FWuaSXZy3V — Globe Eye News (@GlobeEyeNews) March 17, 2024 Not sure if people realise how massive this is. China would not release this statement unless we are at the brink of …
Moldova's presidential elections and referendum on EU membership are potential catalysts for greater Russian subversive tactics in 2024 Military personnel training and intelligence cooperation between France and Moldova already was enhanced in September 2023 — Samuel Ramani (@SamRamani2) March 6, 2024