Let's cut right into this. The financial consequences and failure to capture a victory for the US in this war with Iran are just beginning to migrate from geopolitics… directly into markets.
Tag: United States
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BIGS OWN EVERYTHING: FCC VOTES TO REMOVE LIMITS ON BROADCAST TV OWNERSHIP, WHICH MEANS MORE CONSOLIDATION
The Federal Communications Commission (FCC) voted last week to remove any limits on the size of the broadcast airwaves a company can own after Brendan Carr, the head of the commission, called the old policy “outdated.”
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PAKISTANI DEFENSE MINISTER EXPRESSES OPTIMISM THAT DEAL COULD BE REACHED BETWEEN IRAN AND U.S.
Despite both the White House and Tehran appearing to take a more hardline position regarding the Strait of Hormuz in recent days, the top defense official from Pakistan told reporters that “things are shaping up again in favor of a peace arrangement or a deal,” according to Bloomberg.
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THE NORMALCY OF AMERICAN WARS
The war in Iran is unlawful and unconstitutional, but in post-World War II America, it is normal. Here is the backstory.
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AMERICAN DREAM IS BEING REPLACED BY THE ‘GREAT POSTPONEMENT,’ PROFESSOR SAYS
Susan Wachter, a professor of real estate and finance at the Wharton School of the University of Pennsylvania, penned an article last week that said the American Dream is becoming harder to achieve for young Americans and is being replaced by the “Great Postponement.”
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TWO REPUBLICAN SENATORS BLOCK BLANCHE NOMINATION
Two Republican senators are blocking acting Attorney General Todd Blanche’s nomination for Attorney General because of President Donald Trump’s $1.8 billion “anti-weaponization fund,” which was the result of an IRS settlement stemming from a Trump lawsuit.
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CRIME SYNDICATE: TRUMP SAYS HE ‘RESPECTS’ BIDEN’S FAUCI PARDON
President Donald Trump told reporters at the White House Thursday that he “respects” his predecessor’s pardon of Anthony Fauci, drawing swift criticism.
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FASCISM: LUTNICK’S COMMERCE DEPARTMENT ANNOUNCES $870M IN EQUITY STAKES IN SEVEN PRIVATE COMPANIES
The Department of Commerce announced last week that it will provide $870 million in federal incentives for private companies that produce semiconductors, which means the federal government will take minority ownership in these companies.
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FASCISM: AI COMPANIES CRACK OPEN THE PIGGY BANK TO LOBBY WASHINGTON
Major Artificial Intelligence (AI) companies in the United States, including OpenAI, have been spending record amounts on lobbying in Washington to make sure that policies beneficial to the industry are promoted and adopted.
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U.S. MILITARY INDUSTRIAL COMPLEX GETS RICHER AS WE THE PEOPLE OF SLAVELANDIA GET POORER
Demand for weapons because of the Ukraine and Iran wars has resulted in top U.S. weapons manufacturers forecasting higher future profits because supply cannot keep up with demand, according to the Financial Times.