Wednesday, March 25, 2026

Not The Fame We Were Looking For

“We Are A Deeply Unserious Country”

SNAFU.
U.S. President Donald J. Trump was critical of the Democrats today on his Truth Social app for their continued blockage of key funding for the Department of Homeland Security, that has caused the President to move ICE agents inside airports to aid the embattled TSA, as they go weeks without pay. Per the president’s statement, he may call up the National Guard should the congressional budget impasse continue.
(Those water bottles get heavy! And has Trump forgotten he can’t nationalize the Guard without an “emergency.”? Which long airport lines, ain’t.)

 Trump did this! With a little help from the electorate.

Yeah, Like That

How's that working out? And somebody needs to tell the Speaker of the House what’s going on: I really don’t think he has a clue….
Reporter: President Trump has railed against mail in voting as rigged and said it’s a form of cheating as recently as Monday. In the special election yesterday, he voted by mail. How do you square those statements?

Johnson: Some states handle mail in balloting well. Florida is a great example. They don't allow fraud. That is not true in other parts of the country. That's the concern especially in a state like California.
A) And the SAVE act makes allowances for this based on…?

B) Has he seen the results from Florida yet? Because that seems to make a difference in the analysis.
Yeah, like that.

Vietnam Redux

EXCLUSIVE: Each day since the start of the war, U.S. military officials compile a video update for President Trump that shows the biggest, most successful strikes on Iranian targets over the previous 48 hours.

But the military can’t brief Trump on every strike and so the video, while it showcases U.S. capabilities, doesn’t reflect the full scope of the conflict.

“We can’t tell him every single thing that happens,” a current U.S. official said. The official noted that Trump’s briefings tend to draw better feedback from his aides when they focus on U.S. victories.
The country heard for over a decade how the war in Vietnam was being daily won. I think our Presidents knew better, though; at least in private.
Responding to NBC’s reporting, the White House rejected the notion that Trump doesn’t receive information about the full range of developments in the war, both successes and setbacks.

“That’s an absolutely false assertion coming from someone who has not been present in the room,” Karoline Leavitt said in a statement. “Anyone who has been present for conversations with President Trump knows he actively seeks and solicits the opinions of everyone in the room and expects full throated honesty from all of his top advisors.”
She forgets we’ve seen his Cabinet meetings. And we’ve seen Trump on TV. 📺 

What Is It About Public Schools?

As far as I can tell, this one started in Tennessee. 

“School vouchers” is definitely a national phenomenon, started and continued by right wing cranks determined to extirpate Brown v Board root and branch (what’s left of it) and take us back to 1953. The basic idea is to leave people worse off than they are now, by promising them the false hope that private is better than public.

The best private schools in Houston are already refusing to take vouchers. Religious schools are allowed to take vouchers, but Muslim schools had to sue to be allowed to take them. Children with disabilities are eligible for vouchers, but need extra paperwork to prove they qualify for extra money for private schools, who don’t already get federal funding for educating such students. The public schools now have the burden of providing that paperwork. But the private schools still get to select which students can enroll.

The dream of people enrolling their children in “better” private schools is proving a pipe dream; a lead pipe upside the head, delivered with brute force. Private schools don’t provide transportation; require expenses like school uniforms; and often are so demanding students need tutors just to keep up. Vouchers won’t pay for that. And there’s the social status issue: the kids whose families are paying for school, will look down on the voucher kids, if only because of the wealth disparity. It’s a nightmare scenario, with one goal in mind.

And now, there’s a movement to overturn Plyler v Doe, as well. 
[Stephen] Miller met with Texas Republicans for more than four hours and demanded to know why the GOP-dominated legislature had not passed a bill to restrict public school funding to children who are citizens or are “lawfully present in the United States," which would break a precedent set in 1982 by a ruling in Plyler v. Doe that found states must pay for elementary school education for children regardless of their immigration status.

“There’s a lot of people that believe that that ruling has some pretty faulty logic associated with it,” Oliverson said. “He challenged us, and he encouraged us, and he asked us to partner with him."

Miller's proposal, if passed into state law, would cut education funding for an estimated 100,000 students out of more than 5.5 million schoolchildren in the state, the Times reported. It appears to be intended as a model for other red states to follow, according to the report.

"[It seems to be an effort from the White House to pressure lawmakers into passing extreme immigration policies that don’t reflect the needs of our state," said state Rep. Ramon Romero, a Democrat and the chair of the Mexican American Legislative Caucus.
Plyler v Doe is a 1982 ruling that the 14th amendment means what it says:
All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States and of the State wherein they reside. No State shall make or enforce any law which shall abridge the privileges or immunities of citizens of the United States; nor shall any State deprive any person of life, liberty, or property, without due process of law; nor deny to any person within its jurisdiction the equal protection of the laws.
That last phrase is the key: “nor deny to any person within its jurisdiction the equal protection of the laws” The state of Texas denied access to public education to the children of “illegal immigrants,” even though those persons pay school taxes (property taxes; Texas has no state income tax). The Supreme Court said, quite clearly, the state was in violation of the 14th Amendment.

Stephen Miller & Co. don’t like that conclusion, because they don’t think non-white people are… “persons.”

This argument is of a piece with the challenge to birthright citizenship. The basic argument is that only certain people (white) can be citizens, and further, only citizens are entitled to equal protection of the laws, the plain language of the 14th be damned. So we need school vouchers to get the white kids away from the non-white kids (and separate the abled from the “disabled”), and the worthy whites from the unworthy (vouchers help some people, but offer false hope to others without quite enough money). We need to cement the deal by cutting off non-persons from our public schools, thus cutting expenses there and making vouchers even more viable. 

They want, in short, three classes of people: citizens who are worthy, evidenced by wealth; citizens who are less worthy, but we need plumbers and laborers, right? And an immigrant class who are non-citizens, and unworthy of any legal protection, the better to make them “self-deport.”

This is what you voted for, America. Amid oil prices and inflation and falling job rates, are you paying attention?

“The winners are at war with the losers, and the fix is in. The prospects for peace are awful.”—Kurt Vonnegut, Jr., fifty years ago or so.

The more things change….

Tuesday, March 24, 2026

🪩

According to a readout on the Iranian Foreign Minister’s Telegram channel, detailing a conversation with his Chinese counterpart, vessels from the U.S., Israel, and all nations involved in strikes on Iran will not be allowed to transit the Strait of Hormuz. All other vessels are reportedly allowed through the Strait of Hormuz, providing they coordinate traffic with Iranian authorities. This is in line with past few transits seen through the strait in the past weeks.
But! Trump’s shiny object! Nixon had a “secret plan” to end the war in Vietnam. 

That was in ‘68.
The key is knowing the 82nd Airborne was going in before Trump announced his shiny gift. Incoherence is the rule of the day.

Meanwhile, in Trump’s backyard:
I’m beginning to believe Democrats could win some state seats in Texas.

Speaking of shiny objects:
  What’s the point of a Justice Department if you can’t get justice as you see fit?

So 🧊 Didn’t Come To The Rescue? 🛟

More likely, it was the Benny Hill music:🎶  Of course, who did Trump talk to last?
Aren’t we supposed to be very afraid? Isn’t this a pivot point in history? (Yes, Dershowitz is batshit crazy.) SO SAY WE ALL!

And Unconditional Surrender!

And a floor wax! And a dessert topping! It’s as also new! And improved!! And shiny !!!
Speaking to reporters earlier at the White House, President Trump mentions and vaguely talks about a mysterious “present” given to the United States yesterday by Iran:

“Because they're going to make a deal. They're going to make a deal. They did something yesterday that was amazing, actually. They gave us a present, and the present arrived today. It was a very big present worth a tremendous amount of money. And I'm not going to tell you what that present is, but it was a very significant prize. And they gave it to us, and they said they were going to give it. So that meant one thing to me, we’re dealing with the right people. No, it wasn't nuclear related. It was oil and gas related. And it was a very nice thing they did.”
Does Bibi know? For that matter, does Iran know?
The United States and a group of regional mediators, including Egypt, Pakistan and Turkey, are discussing the possibility of holding high-level peace talks with Iran as soon as Thursday, but are still waiting for a response from Tehran, possibly from Iran’s Supreme Leader Mojtaba Khamenei himself, two sources with knowledge of the discussions tell Axios.

U.S. President Trump is interested in winding down the war, but Iran's chokehold on the Gulf of Hormuz complicates any potential exit strategy. The U.S. has shared with Israel its 15-point plan to end the war and claimed Iran had agreed to many of the key points. However, there has been no tangible evidence of any such agreement and any concessions have been denied by Iran.
Is Trump blowing smoke again? Or does he just have no clue what he’s doing? 
U.S. President Donald J. Trump tells reporters regarding negotiations with Iran: “The leaders left. The leaders are all gone. Nobody knows who to talk to. But we're actually talking to the right people, and they want to make a deal so badly. You have no idea how badly they want to make a deal. And we'll see what happens.”
Signs point to ‘Yes.’

I’m Glad They’re Wearing Body Armor

Those water bottles can explode, you know!

(True story: I worked on a PI case where a liter coke bottle blew the cap off in a grocery store, hitting the plaintiff in the eye.👁️ Your mother was right! You need to be careful!)

Blood And Treasure?

According to officials, a written order to deploy a Brigade Combat Team, roughly 3,000 Paratroopers from the U.S. Army’s 82nd Airborne Division, most assigned to the Immediate Response Force (IRF), is expected to be issued in the coming hours by the Pentagon. A decision to conduct ground operations in Iran hasn’t been made, officials cautioned to the Wall Street Journal. However, the movement of the 82nd as well as the arrival soon of roughly 5,000 Marines, opens the door for President Trump to try to reopen the Strait of Hormuz by force, seize Iran’s strategic islands or coastline or launch a mission to capture the regime’s highly enriched uranium stored in several buried sites throughout Iran.
Ship traffic stopped in the Strait not because Iran mined it, or sat on the shore shooting RPG’s at tankers, but because insurance companies decided the risk was too great. Specifically, Lloyd’s of London stopped underwriting the policies.

People who know have said Iran could attack ships from 100 miles away, with drones. So the U.S. can take Kharg Island and invade the shore (all 167 km?), and how will that reassure Lloyds? Because that’s the real issue.

This is why Europe won’t send naval support until hostilities end. They know it’s pointless to put their navies in harm’s way.

I’m Not Part Of The “Flying Public”

Mostly because I remember when air travel was convenient because there weren’t more people in the air than on the road.

But Trump had the NG in DC raking leaves and declaring that “law  enforcement” (when most street crime is a matter of tolerance for crime in the neighborhood. I’ve lived in this street 25 years. I’ve seen a police car here 4 times, at best. Each time they were called. Once I did it, because a drunk driver drove into my house, and I wanted a police report for the insurance company. The driver was fairly sober by the time the police arrived, but the cop had been handling a shooting, so I didn’t complain. There was a shooting on this street. A crazy guy shot a postal worker. No cops on the street to stop that, but you can’t stop crazy. I’m not saying police are unnecessary. I’m saying Trump is full of shit.), so, sure, send ‘em to stand around airports. I’m sure Greg Abbott would approve. Of course, he sent the Guard to the border, and eventually guardsmen starting going AWOL and attempting suicide because they had nothing to do, and lives to get back to. The Guard is not law enforcement.

But I’m sure ICE and the Guard will make travelers feel safer as they stand in line for three four hours, for the privilege of getting loaded into a flying cigar tube acting as a cattle car.

Well, We’re Already Doing The Bidding Of Israel…

Saudi Arabia’s de facto leader, Crown Prince Mohammed bin Salman, has been pushing President Trump to continue the war against Iran and destroy the Iranian Regime, arguing that the US-Israeli military campaign presents a “historic opportunity” to remake the Middle East, with MBS telling the president that Iran poses a long-term threat to the Gulf that can only be eliminated by getting rid of the current government, people briefed by American officials on the conversations told The New York Times.
And replacing the regime worked out so well for us in 1953.

Substitute “Vietnam” For “Iran” In That Headline

And tell me what difference it makes.

Predicting The Future Is A Mug’s Game

Not all justices made clear where they stood on the issue during oral arguments Monday, but several questioned whether the RNC’s position — that votes can’t be counted after Election Day — would also mean votes can’t be counted before Election Day. Millions of Americans rely on early or absentee voting.

Lawyers for both the federal government and the RNC insisted that they are not trying to end those practices.

“We agree with both sides that early voting is still acceptable,” Solicitor General John Sauer told the court, citing Civil War practices. “There could be a process where ballots are being received earlier, but that ballot box has to close on Election Day.”

That answer didn’t seem to satisfy Chief Justice John Roberts, who suggested Sauer was making an arbitrary decision to treat early voting and late receipt of ballots differently.

“I’m not sure I understand how that point is responsive to the point that if the Election Day is the voting and taking that it has to be that day,” Roberts said. “Maybe you’re not saying anything other than, well, that’s different.”

“It’s a challenging question,” Sauer replied.

Justice Amy Coney Barrett jumped in with a similar question after the RNC’s lawyer, Paul Clement, said federal lawmakers involved in passing a uniform Election Day law in 1845 would have found it “unthinkable” to count ballots after Election Day.

“Isn’t that true of early voting, too?” Barrett said. “Why is that permissible? If we’re just going to say historically it just needs to look like it always looked, how come those features fall out?”

Justice Samuel Alito gave the most voice to concerns President Donald Trump has repeatedly aired and amplified about public suspicion driven by vote tallies potentially being swayed by late-arriving ballots.

“We are moving in this direction: We don’t have Election Day any more,” Alito said. “We have election month or we have election months, early voting can start a month before the election. The ballot can be received a month after the election. “

“Some of the briefs have argued that confidence in election outcomes can be seriously undermined if the apparent outcome of the election on the day after the polls close is radically flipped by the acceptance later of a big stash of ballots that flip the election,” Alito said.
As Mark Joseph Stern said, Alito is marinated in MAGA conspiracy theories.  As critics have pointed out, that “big stash of ballots” are votes that need to be counted. Alito is betraying a basic ignorance about how elections work. 

Which is concerning, but hardly surprising. It’s also not the issue before the Court. The strongest legal grounds Alito could muster was claiming fraud, based on his ignorance. But fraud requires extraordinary proof. In civil law, fraud is the universal solvent that undoes almost any benefit earned from the fraud; but for that reason it is very challenging to prove. Can Alito decide it’s proven anyway? Yes. Can he get at least four more justices to agree with him? Doubtful. 

Stern thinks he can. But Stern offers no evidence for his extraordinary claim, either. The “liberals” on the Court are unlikely to back Alito’s nonsense, and Barrett and Roberts make 5. Will Gorsuch go with Alito? Who cares?

To me, the interesting question is the legal one: what are the grounds for relief? What, in legal terms, is the cause of action? Alito created some insane ones to basically say “states rights” in overturning Roe. Roberts also went for “states rights” to gut the VRA. “States rights” is more of an amorphous political concept than it is a constitutional provision. But states do have clear constitutional authority over elections, authority Congress can to some degree control (which actually makes the arguments against the VRA even weaker). Where does the Court get the authority to play Congress and invalidate state election laws because they don’t like the electoral outcomes?

I just don’t really see 6 votes for Alito’s position.  OCICBW.

Predictions are a mug’s game.

🧊😵‍💫

Declaring airports the site of “significant public safety threats” is not the way to reassure the traveling public. Especially when all the pictures yesterday were ICE agents standing around, talking to each other. I know I’m supposed to be afraid of Bannon, but he’s just a guy out in a field waving his arms and yelling: “Look at me!  LOOK AT ME!!!” Homan is actually in charge of ICE. He actually works for the government. And what is ICE doing? Standing around some airports (not, as Boebert found out, all of the airports). There are more polling locations in Houston, alone, than there are airports in America.  And is ICE going to do “law enforcement” at those polling places? The way they’re doing it in airports?

Occam’s Razor Still Has A Keen Edge

Monday, March 23, 2026

“What’s The Frequency, Kenneth?”

The optics are that image precisely, because this: As a guy who’s carried more weight than he should longer than he should, I’m just pointing out most ICE agents look like they hang around Cinnabon (like all the cops are in the donut shop).  Which is a bad enough optic, but what are they doing? Walking around heavily armed and/or armored? And that helps TSA how? ICE walks around in groups chatting with each other, TSA lines stagnate, and Trump bellows about not working with Democrats.

The GOP has Congress and the White House. The lesson of every shutdown is that the party running Congress pays the bill.

What’s the plan here? Because nobody is going to praise the Republicans when government goes back to working the way it should.

If it does….

Insider Trading Is Okay 👌

... if you’re deep enough inside.

Now do you see why they got rid of so many IG’s?

Good Thing ICE Took Their Masks Off

Replacing “Where’s Waldo?” with “Where’s ICE?”

Grace(less)land

Iran and the U.S. were in talks when the U.S. started this “excursion.” Every non-sentient being on the planet was surprised. The rest of us, not so much. Or the night before that. Or two weeks ago. Or two weeks from now. Time is a helix of semi-precious stones, ya know. 🧬 And that would be good for the world, how? Is that why you regularly vote by mail? Their master’s voice…. Are they going to catch immigrants getting off the plane and going through customs? It’s not an excursion? Whut? Those who are not with us are against us. E pluribus unum. 🤷‍♂️ Is that why courts have stopped you at every turn, ICE is despised, DOJ is running out of lawyers, and communities don’t want detention centers? Posse Comi-whatus?” Trump: “Not enough tongue! Off with his head!” Miller knows the remedy for that! Patel, sotto voce: “Miller! Don’t bogart the Chapstick!” 🤷‍♂️

A Clockwork Orange

Alito: "We have lots of phrases that involve two words, the second of which is 'day.' Labor Day, Memorial Day, George Washington's birthday, Independence Day, birthday, and Election Day. They are all particular days. So if we start with that, if I have nothing more to look at than the phrase 'Election Day,' I think this is the day in which everything is going to take place."
COLLINS: Who's idea was it to put ICE in airports?

TRUMP: Mine. That was like the paperclip. Do you know the story of the paperclip? 182 years ago a man discovered the paperclip. It was so simple. And everybody that looked it thought, 'Why didn't I think of that?' ICE was my idea.
The entire U.S. military leadership is that stupid?

The argument for age limits on public office just grow stronger.

Too Little, Too Late

No shit.  And TSA lines are moving faster? 🤦‍♂️

The Fog Of War

Ummmm.... But not including Israel?

Well, It Was Nice While It Lasted

According to the Iranian state-backed Fars News Agency, citing an official with knowledge on the matter, Iranian decision-makers have no indirect or direct communication links with the Trump administration. This comes after U.S. President Donald J. Trump announced a 5 day pause on strikes against Iranian energy and power infrastructure.
If there is any truth to President Trump’s statement about actual talks with Iran, expect Israel to significantly escalate strikes against Tehran and other areas of the country in the coming days, in an attempt to draw out a “reaction” from the Islamic Regime. The last thing that Israel wants is a diplomatic end to this war that results in any kind of agreement between Iran and the United States.
Iran’s foreign ministry has said that remarks by U.S. President Donald J. Trump on the 5 day halt to strikes on Iranian energy infrastructure is a ploy to buy time for military preparations and to bring down oil prices. This, as indicators of an impending ground operation against Iran’s strategically and economically important Kharg Island continue to increase.
ICE was caught flat-footed over the decision to man airport security, so what did we really expect? We should have expected this. Neither peace nor strength, to put it mildly.

Pictures v. 1000 Words

And the cherry on the cheesecake:

Full Of Sound And Fury, Signifying Nothing

And poor Lindsey’s not gonna get his Iwo Jima redux. Which would mean, yes, not even a new JCPOA.

Aren’t you glad we didn’t get the black woman for President?

🌮🌮🌮 Is It Tuesday Already?

Apparently it did.

Two Scoops…

Officials at Immigration and Customs Enforcement (ICE) were caught off guard and have been scrambling to carry out a weekend directive from President Trump to have immigration agents provide security at airports amid the partial government shutdown which has led to mass resignations and callouts by employees with the Transportation Security Administration (TSA), multiple sources familiar with the internal deliberations told CBS News.
... shy of a sundae. Still got the nuts on top, though.

Sunday, March 22, 2026

The Scoop Is…?

BREAKING: In a phone call just minutes ago President Trump told me Democrats want to make a deal on DHS funding but he doesn’t “think any deal should be made on this until they approve save America.”

First I asked him how long he’s prepared to have ice agents help out at airports

He told me, “For as long as it takes.”

Then I asked “Some lawmakers are saying they should just fund TSA while they negotiate on DHS. What do you think about that?”

President Trump said “Now that I did this the Democrats want to make a deal. And I don’t think any deal should be made on this until they approve SAVE America. Ok, so you have a scoop.”
...  Trump is an idiot who has no idea what’s going on? Or that people in lines at airports don’t give a shit about the SAVE Act? (He’s not even aware of the number of votes Democrats have forced to make Republicans vote down a separate bill to pay for TSA.) 😹 😹😹

🐓 Or 🥚 Or 🐈?

I guess hospitals is a … pink line? For the U.S., I mean. Like Schrödinger’s cat, it’s all a matter of who looks, and when they’re looking. And it’s just a thought experiment, anyway. 

Putting It… Mildly?

Brig. Gen. Ebrahim Zolfaghari, the Spokesman for the Khatam-al Anbiya Central Headquarters, the unified combatant command headquarters of the Iranian Armed Forces:

“Hey Trump! You are fired! You are familiar with this sentence. Thank you for your attention to this matter. The Central Headquarters of Khatam-al Anbiya.”
If he’s putting it mildly, why is he shouting?  And what is he putting mildly? Peace? Strength? Or how to say something? The Iranian guy I understand. Maybe his cleaned up in translation.  I don’t know what would fix Trump’s.

As Charlie Pierce used to say: “This close to English.”

Hope Is Not A Plan

The belief that Israel and the US could help instigate widespread revolt was a foundational flaw in the preparations for a war that has spread across the Middle East. Instead of imploding from within, Iran’s govt has dug in and escalated the conflict, striking blows and counterblows against military bases, cities, ships in the Persian Gulf, and against vulnerable oil and gas installations." (gift link)
No one could have foreseen? 🤷‍♂️

OK, Let’s See Whether He Makes Sense, Or Not

Asked about what he thought of today’s statement from Iran’s Foreign Minister saying Iran would not be swayed by threats after President Trump said the U.S. would strike Iranian power plants if the Strait of Hormuz was not reopened within 48 hours, Trump told NewsNation:

“Ok, let’s see whether or not he’s right.”
Regarded plainly, it’s a perfectly empty statement. Will the Foreign Minister of Iran be swayed by threats? He says not. What will Trump “see”? That the Foreign Minister blinks? Or that Trump turns his threats to action, at which point Iran has not been swayed by threats.

Language, how does it work, again?

Trump really has no idea how to bully someone who won’t be bullied.

Follow The Money

Because if you don’t describe the problem correctly, you can’t affect the solution.

I was watching a discussion on PBS among four “experts” about Iran and the Strait and not one mentioned the question of insurance.  It was only discussed in terms of military control, not in terms of risk assessment. They were talking about a problem that exists in the realm where they can discuss and describe it. Reality be damned.

And their answers are always right, of course; they are just never implemented properly. The Big Idea cannot fail; it can only be failed.

I’ll retire to Bedlam.

You Need To Read This

  Not this post; this one. Seriously. You do:

Rheinmetall’s CEO went on CNBC and said the thing that nobody in his position is supposed to say. “If the war lasts another month, we will have nearly no missiles available. All European, American, and also Middle East country warehouses are empty, or nearly empty.” This wasn’t a leak. Not an anonymous source. Not a think tank estimate. This was the CEO of Europe’s largest defense manufacturer, on camera, stating plainly that the cupboard is bare. It is the military equivalent of the pilot coming on the intercom to say he doesn’t know how to land.
Future’s so bright:
The IEA released 400 million barrels from strategic reserves. The largest coordinated release in history. It will be remembered as such for 3.8 days. The fire extinguisher lasted less than a week and the fire hasn’t even noticed.

United Airlines is planning for $175 per barrel through the end of 2027. Whatever “winding down” means, United’s CFO doesn’t believe in it. Corporate planning has looked at the situation, done its own maths, and concluded that this is a two-year problem being described as a two-week one.
Does this sound like Trump and COVID all over again? And shouldn’t that worry us? Or should it worry us that this is worse?
There exists in diplomacy a concept known as “sanctions”, which works on the same principle as telling a child they can’t have dessert while you’re eating cake in front of them. The United States has been sanctioning Iran for years. It has also been bombing Iran for three weeks. These are, in the normal course of events, complementary activities. One is economic warfare. The other is the regular kind.

This week, the US Treasury lifted all oil sanctions on Iran. For 30 days. 140 million barrels of Iranian crude, sitting on ships at sea, may now be sold freely on the global market. Including to the United States itself.

In yuan.

The United States is purchasing, with Chinese currency, oil from the country it is currently bombing?! The same oil that funds the missiles that just shot down an F-35 for the first time. The same missiles that are redecorating allied oil infrastructure.

Treasury Secretary Bessent called this “narrowly tailored”. Narrow like in white, and tailored as in card, apparently.

In the same OFAC filing, Russian oil sanctions were lifted as well. And Belarus potash too, because apparently the universe was running low on irony and needed to top up.

The logic, insofar as there is any, goes like this: the war has crashed the global oil market so hard that the administration needs the enemy’s oil to keep gasoline prices from eating the midterms. They are unsanctioning the people they’re bombing because the bombing is working too well at the thing they didn’t want it to do. The sanctions were necessary to stop Iran funding the war, but the war made the sanctions too effective, so the sanctions had to be lifted to fund the war effort against the country that no longer needs sanctions because the oil revenues that sanctions were preventing are now required to prevent the economic damage caused by preventing those revenues, which is itself a consequence of the military campaign designed to make the sanctions unnecessary by making Iran the kind of country that doesn’t need sanctioning, which it would be, if the sanctions hadn’t been lifted to pay for making it that.
And still it gets worse:
Friday’s press gaggle. Barely exaggerated: at 12:03 PM, President Trump told reporters he wanted a ceasefire with Iran. At 12:05 he declared victory. At 12:07 he announced he was sending Marines. At 12:08 he said no boots on the ground. At 12:11 he said he did not want a ceasefire. At 12:16 he declared victory again. At 12:17 he asked for a ceasefire. At 12:23 he told NATO they were cowards. At 12:29 he said Iran was begging for a ceasefire. At 12:31 he said everything was perfect. At 12:36 he said $500 oil was a good thing. At 12:37 he demanded Iran open Hormuz. At 12:39 he said Hormuz was never closed. At 12:41 he said the US was not at war with Iran. At 12:42 he declared victory in Iran.

By 3:43 PM he told CBS he doesn’t want a ceasefire. By 5:13 PM - 13 minutes after futures markets closed for the weekend, in a coincidence that should be studied in every securities fraud textbook - he posted on Truth Social that the US is “getting very close to meeting our objectives as we consider winding down our great Military efforts”. The S&P reversed more than 1% in seconds. QQQ had already surged 1.1% in the 80 minutes before the announcement, with call options flowing in at a pace that suggests someone, somewhere, had an itinerary.
No notes. Or surprises.