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The Iran-backed Houthis’ escalating attacks on shipping through the Bab el-Mandeb Strait are raising a growing strategic question: Could the waterway become the next Strait of Hormuz? The answer is complicated by the geography — and by Yemen itself. Unlike Hormuz, where Iran can directly threaten shipping from its own coastline, Tehran’s leverage over Bab … Read more
The Trumps’ Crypto Project Just Got One Step Closer to Becoming a Bank A regulatory charter for World Liberty Financial could be “the most brazen act of self-dealing our system has ever seen.” Federal regulators have given President Donald Trump’s family crypto business a conditional approval to operate like a bank. On Friday, the Office … Read more
Two Robbers, One Retired Marine Picked the wrong store pic.twitter.com/8vPmWjqD4O — TaraBull (@TaraBull) August 16, 2026
The Fed spent 15 years trying to make markets safer. It built a $2.4 trillion time bomb instead. Hedge funds now hold $2.4 trillion of US Treasurys, up from $600 billion a decade ago, levered as much as 100 to 1. Every time the Fed backstops the market to kill risk, it invites more borrowing. … Read more
President Donald Trump said Sunday that he has directed the Defense Department to scale down joint military exercises with South Korea, citing the country’s refusal to join the war in Iran and his “very good” relationship with North Korea’s Kim Jong Un. Trump said the large, annual military drills sent a “signal that is totally … Read more
Now for something completely different. Just kidding… h/t 1guynAz
AI data centers, an honest Ad. pic.twitter.com/hVXEQ21DtO — Kim Dotcom (@KimDotcom) August 14, 2026
Look at what is happening to the world’s major shipping routes right now. Hormuz has already been hammered. On Sunday, zero commodity vessels crossed the Strait of Hormuz, compared with more than 130 ships a day before the Iran war. Bab el Mandeb is also coming under pressure, with Houthi attacks threatening another major route … Read more
The UK government has announced a new per-mile car tax for EVs and plug-in hybrids from 2028. The UK government will introduce its new mileage-based Electric Vehicle Excise Duty (eVED) from April 2028. Following a consultation with more than 5,000 respondents, ministers have simplified compliance requirements for fleets and dropped additional mileage checks for newer … Read more
This PERFECTLY explains why ‘The Left’ is obsessed with being morally superior “Did you ever ask yourself why it's always the weakest, least competent, and average IQ people who base their entire identity on morality and tolerance?” Here’s the psychology behind it: “Every… pic.twitter.com/PfFrvq2eBK — Wall Street Apes (@WallStreetApes) August 16, 2026
BIG ‼️ There is a growing political movement in Illinois is trying to redraw the state’s borders The rest of the state wants to break free from Chicago because they are tired of Chicago policies destroying their cities It’s been approved in more than 30 counties and 7 more are set to vote in November … Read more
The Trump Superstore along Interstate 40 near Knoxville is liquidating inventory at 50 percent off. Owner William “Bill” Hays said the closure is due to lack of customers. Local reports first claimed he was retiring and moving, but Hays and an employee rejected that. An employee told reporters foot traffic has dried up. The store … Read more
A defiant Iran called on the U.S. to “accept the reality of defeat and stop indulging in delusions” after President Trump suggested that he would soon declare the Strait of Hormuz a “territory of the United States.” NBC News’ Julie Tsirkin reports.
Food giant Tyson Foods is closing several of its beef plants in the US including one in Illinois, with state representatives describing the closure as “devastating” and “abrupt,” with more than 2,500 workers expected to lose their jobs. The company announced the closures in a Thursday news release, saying it was “making strategic changes to … Read more
Low-income families give up their old car and get a government-chosen new one on a three-year lease. Own nothing, pay monthly, and stay within the limits. Families with ISEE under 30,000 euros can rent a new Euro 6 car for 100 euros a month. The car must meet Euro 6 standards and emit no more … Read more
by Michael It appears that most of the population has become way too apathetic about the threat of nuclear war. There are people on social media that cheer as both sides continue to escalate the conflict in Ukraine, and there are people on social media that are openly advocating for nuclear weapons to be used … Read more
JPMorgan strategist David Kelly says the total value of US corporate equity now exceeds 400% of GDP. That is roughly double the 204% peak at the height of the 2000 Dot Com bubble and far higher than levels before the 1987 crash. OpenAI cut the price of GPT-5.6 Luna by 80%, from $1 to $0.20 … Read more
Multiple Democratic officials were charged or convicted in the past week on fraud, bribery, and related cases involving public money or elections. Former New Mexico House Majority Leader Sheryl Williams Stapleton convicted on 31 federal felonies for diverting school funds and taking kickbacks. Lawrence, Massachusetts Mayor Brian DePena charged with wire fraud and money laundering … Read more
🚨 UPDATE: Elon Musk has infuriated foreign governments by making PUBLIC any and all censorship required by governments in open source "Any censorship required by governments is now clearly visible." 💯 The censors hate this. Thank you, @ElonMusk 🇺🇸 pic.twitter.com/3EgN5XwIdY — Eric Daugherty (@EricLDaugh) August 15, 2026 Elon Musk’s announcement that government censorship and content … Read more
While France builds Europe's largest mosque. Poland has built Europe's tallest Virgin Mary statue. Officially opens to the public tomorrow. Two nations. Two very different paths 🇵🇱 pic.twitter.com/qamrqDOQHb — Casey Krol (@CaseyKrol) August 14, 2026