The horizon is not so far as we can see, but as far as we can imagine

Author: Tony Wikrent Page 1 of 48

Week-end Wrap – Political Economy – May 31, 2026

Week-end Wrap – Political Economy – May 31, 2026

by Tony Wikrent

 

Trump not violating any law

‘He who saves his Country does not violate any Law’

Trump Stuns By Saying ‘I Don’t Know’ When Asked Directly NBC’s Kristen Welker ‘Don’t You Need to Uphold the Constitution?’

Joe DePaolo, May 4th, 2025

 

Company headed by Trump-pardoned Republican fundraiser Elliott Broidy wins $106 million federal prison contract

[Guardian, Drop Site Daily: May 28, 2026]

LEO Technologies, a Texas-based AI company founded and led by Elliott Broidy—a Republican fundraiser pardoned by President Donald Trump on his last day in office in 2021, days before Broidy was to be sentenced for secretly lobbying the Trump administration on behalf of Chinese and Malaysian interests—won a $106 million contract from the Bureau of Prisons to translate, transcribe, and monitor prison phone calls using artificial intelligence last month, the Guardian reported. The contract marks LEO’s first with the federal government. Broidy, who has twice pleaded guilty to separate criminal offenses.

 

The White House Intervened to Get a $620 Million Deal for a Company Tied to Donald Trump Jr.

Robert Faturechi, May 28, 2026 [propublica.org]

 

Donald Trump Jr. and Eric Trump Are Running a $1.2 Billion Felony Fraud Scheme that is Fully Prosecutable in New York.

Christopher Armitage, May 24, 2026 [The Existentialist Republic]

Other crypto founders are serving eight, twelve, and twenty-five years in prison for the same conduct. The only thing that separates the Trump sons from those men is their last name.

 

How Trump Created a Slush Fund for His Allies – The President may have committed the rare offense that turns Republican lawmakers against him.

Ruth Marcus, May 24, 2026 [The New Yorker]

 

Trump’s Jan. 6 slush fund is right from Hitler’s playbook! This is not a coincidence

Dean Obeidallah, May 25, 2026

It was about a year after Jan. 6 that I first raised red flags in both articles and on my SiriusXM radio show that Donald Trump would be increasingly defending and even praising the Jan. 6 terrorists. That was way before Trump was calling them “patriots,” pardoned them or recently erased their crimes from the DOJ website and created his $1.8 billion terrorist slush fund to reward them.

The reason I raised that concern is not because I’m some type of political version of Nostradamus. Rather it’s because I have read a great deal about the history of fascist leaders and spoken to many experts.

That history was telling us that Trump would not reject the J6 terrorists but instead embrace, celebrate and honor those who helped him wage his failed coup. After all, it’s exactly what Adolph Hitler did after his 1923 failed coup known as the “Beer Hall Putsch.”….

 

Here’s the Real Reason Pam Bondi is Returning to the Trump Regime

Dean Obeidallah, May 28, 2026

On Wednesday, we learned that fired Attorney General Pam Bondi was returning to work for the Trump regime. However, this time no longer as the corrupt administration’s top attorney but as a member of the President’s Council of Advisors on Science and Technology (PCAST) that will focus on Artificial Intelligence….

But why would Bondi—who has no experience in the AI area—be appointed to this board by Trump and get a hero’s welcome?! Well former prosecutor Glenn Kirschner has a theory—and it’s one that resonates with me.

Glenn’s view it’s likely two reasons. First, “This is probably a wonderful opportunity to grift Should someone be interested in doing just that,” Kirschner commented.

And second—and this is the big one—”Pam Bondi knows where all the Epstein bodies are buried and Trump wants to keep her close.” Ding! Ding! Ding! That sounds like a winner. This is especially true given Bondi will testify Friday, May 29 before the House Oversight committee. (Obviously, the timing of the new gig is not a coincidence!)

And as I have written about in the past, Bondi served as Florida’s Attorney General from 2011 to 2019 at the very time Epstein was operating his massive child rape and women sex trafficking ring in that very state. Yet Bondi NEVER investigated Epstein despite there being more one thousand victims. That was clearly a decision by her in an effort to protect Trump and other powerful men….

We also discussed Trump DOJ’s latest actions to cover up the Jan. 6 crimes. This comes in the form of Acting AG Todd Blanche deleting a massive number of Jan. 6 related files from the DOJ website about the people charged and convicted of crimes—including those who brutally beat up police officers like Michael Fanone.

Some of the records Blanche deleted–as NPR reported— include:

  • Daniel Rodriguez, who pleaded guilty to driving an electroshock device into the neck of former Washington, D.C., Metropolitan Police Department officer Michael Fanone, and who was sentenced to more than 12 years in prison.
  • Thomas Webster, who was convicted by a jury of assaulting law enforcement with a metal flagpole, tackling a police officer to the ground and trying to remove the officer’s gas mask. Webster was sentenced to 10 years in prison.
  • Peter Schwartz, who was convicted by a jury of assaulting police officers with pepper spray and throwing a metal chair at law enforcement. Schwartz was sentenced to 14 years in prison.

And DOJ is bragging about this erasure of records saying in a statement they are “proud” to strip the “DOJ’s website of partisan propaganda.” The goal in deleting these records is not just part of the effort to rewrite Jan. 6. It’s also to make it more difficult for the media and public to uncover the crimes committed by Trump’s followers—especially since he is on the verge of giving them a huge pay day with his $1.8 billion terrorist slush fund….

 

How the War on Terror Created the Age of Trump (W/ Matt Kennard)

Chris Hedges, May 27, 2026

Matt Kennard shows in his new book that the bipartisan War on Terror laid the groundwork for the Trump presidency and the rise of fascism — now, with extremists empowered, we face the consequences.

 

Trump’s $250 Greenback Is a Gift to the Criminal Class

Timothy Noah, May 28, 2026 [The New Republic]

 

National Park Entrance Fees Are Funding Trump’s D.C. Projects 

[New York Times, via Naked Capitalism 05-29-2026]

 

Strategic Political Economy

GRAPH: Not All Oil Is the Same (types of oil)

[X-Twitter, via Naked Capitalism 05-26-2026]

 

The Mystery Gasoline Surcharge: How Oil Incumbents Are Trying to Maintain Fossil Fuel Dominance

Matt Stoller, May 29, 2026 [BIG]

Among American elites, there appears to be an aggressive embrace of new technologies, whether crypto, generative artificial intelligence, or automated systems in war. But there is an important exception. If you deploy energy systems at scale that compete with fossil fuels, you will be ignored. The reason is both the narrative power of oil companies, and the Trump administration’s view that fossil fuel infrastructure is a deep source of American strength.

What’s interesting about this dynamic is that clean tech systems – batteries, solar panels, electric vehicles – are having real impacts, far more measurable than crypto or AI. Here is a chart of annualized gasoline sales in California, which has dropped by 2.5 billion gallons a year since 2019, despite more cars on the road. And California is leading the way in America; a quarter of new cars there are electric….

[TW: I have not yet come across a book that, imho, adequately explains the proper principles of political economy for a republic. I have been pondering these principles since it became clear around 2009-2010 that President Obama and the Democratic Party leadership had no intention of imposing accountability and justice on the financial predators who had created the 2008 Global Financial Crisis. Among the principles of political economy of civic republicanism I have identified are

[1. Scientific and technology progress are fundamental and essential to a republic’s economic health (note I do not use the term “economic growth” here).

[2. Because private enterprise, in reality, is mostly risk averse and therefore unwilling to invest in breakthrough science and unproven technology, one major responsibility of the national government is to encourage and support scientific endeavors and the development of new technologies — including outright funding. First Secretary of the Treasury was explicit about this in hid December 1791 Report to Congress on the Subject of Manufactures, which carefully and thoroughly refuted the “free enterprise” and “free trade” nostrums of British empire factotum Adam Smith. Point number 2 is reflected repeatedly in the history of how nations actually industrialized, including

  • USA’s deliberate seeding of new armory machine tool technology into the rest of the economy in the early 1800s (which created the bases for modern industrial mass production);
  • the massive land giveaways that supported the development of nationwide rail networks in the mid-1800s;
  • outright national funding of the telegraph and infant electricidal industry;
  • agricultural research and development, including fighting pests and diseases, and identification and support of new crop breeds;
  • outright government funding of the road and highway network that made possible the widespread use of automotive technology;
  • early funding and continued support for aviation and aerospace technology;
  • the development of transistors, integrated circuits, computers and the internet.

[To use Marxist phraseology, it is the political superstructure — the government — that most often creates and determines new means of production — the exact opposite of the disastrously erroneous Marxist view of reality.

[3. Unfortunately, though it is government support which creates new industries, new companies and huge private fortunes, the human faults of avarice, lust for power, pride end up transforming these new industries, new companies and new private fortunes into opponents of further change to the means of production. When this inevitably occurs, Marxist analysis of how the means of production determines the political superstructure tends to reflect reality with more fidelity than other forms of economic analysis.

[4. Therefore, a republic must always take steps and impose measures to limit the accumulation of wealth, the translation of wealth into political power, and misuse of the political system by concentrations of wealth and the morbidly rich. The argument that every billionaire is a policy failure must be fleshed out by developing this framework of civic republican political economy. Much of the history of neoclassical and Austrian economic thinking is a series of case studies in how concentrations of wealth and the morbidly rich used academia to develop schools of political economy which justified selfish behavior and concentrations of wealth, and in effect suppress and bury a decent exploration and consideration of civic republican political economy.

[5. Civic republican political economy therefore demands making moral judgements about what is good and bad for the preservation and development of human existence. Preserving the use of fossil fuels endangers human life istelf and is therefore bad. Remember that two of the basic principles of civic republicanism are justice, and the General Welfare. Gambling, prediction markets, crypto, and artificial intelligence should all be rigorously subjected to moral judging. Markets cannot and will not do this. The essence of the evil of neoliberal and neoclassical economics is that they use mathematical certainty as a facade to evade moral judgement.

[Though it omits any consideration of government’s role in supporting the early development of the petroleum industry, Stoller’s article is an excellent case study of how an industry, once mature, becomes a force for oligarchy and against republican governance. – TW]

Week-end Wrap – Political Economy – May 24, 2026

Week-end Wrap – Political Economy – May 24, 2026

by Tony Wikrent

 

Americans are leaving the U.S. in record numbers and spending hundreds to learn how to do it

Jennifer Liu, May 17 2026 [CNBC, via DailyKos]

…A record number of Americans are leaving the U.S.: The country saw a net negative migration of between 10,000 and 295,000 people in 2025, according to research from The Brookings Institution. The widest estimated range was among people who left voluntarily, with Brookings estimating that between 210,000 to 405,000 people did so last year.

It’s the first time in at least 50 years that more people moved out of the country than moved in. Restrictive immigration policies and deportation efforts play a role, according to Brookings. Some U.S. citizens are emigrating for school, work, raising a family, retirement and everything in between.

Expatsi, a company that offers relocation tours for Americans, is becoming a sought-after resource for some….

The company, launched in 2022, held its second annual Move Abroad Con in San Diego on May 9 and 10. Some 600 Americans from around the country attended, double the number of people at the inaugural event held in May 2025, Expatsi co-founder Jen Barnett tells CNBC Make It.

A majority, 89%, said they want to leave the U.S. for political reasons, according to a sampling of 218 of the weekend’s attendees, per Barnett. Others say they hope to move for adventure and growth (73%), as well as to save money (57%). Roughly two-thirds of respondents hope to move within two years, they have an average monthly budget of $3,856 to work with, and hopeful movers are split among 44% individuals, 39% couples and 17% families with kids….

 

LinkedIn Is Doing What Bluesky Was Supposed to Do

[Popular by Design, via The Big Picture, May 20, 2026]

Rebuilding a public square on the platform you least expect. For a brief moment about a year ago, it really did look like Bluesky might work. Researchers and left-of-center intellectuals were flooding in, swapping starter packs, reassembling what felt like a nostalgic reunion of old Twitter. Then everyone arrived, and the center could not hold. A sharp argument that the post-Twitter intellectual conversation didn’t move to Bluesky or Threads — it quietly migrated to LinkedIn, of all places. Uncomfortable for everyone involved, but not wrong….

The people on LinkedIn are the people we should be trying to reach: policymakers, congressional staffers, civil servants, industry analysts, foundation program officers, and journalists at general-interest outlets. A 2025 Avoq survey of DC policy insiders found that 81 percent of Democrats, 84 percent of Republicans, and 78 percent of MAGA-aligned respondents use LinkedIn. Good representative data on LinkedIn compared to other platforms is notoriously hard to find, but this looks like a bipartisan footprint no other platform comes close to matching….

Discussion that actually moves understanding. The clearest evidence I have for all of this is my own cross-posting experience. I have often shared the same piece, including the more controversial ones, simultaneously on Bluesky, X, and LinkedIn, and the pattern has been remarkably consistent. On Bluesky, the reaction is usually either silence or a small pile-on when the piece challenges prevailing consensus, and substantive engagement is rare. On X, responses are a mix of real engagement and the usual ratio of slop, bad-faith screenshotting, and reply guys.

On LinkedIn, the pushback I get is both the most civil and the most productive: named professionals who actually work on the topic, often from perspectives I don’t share, who write multi-paragraph responses that engage with the argument rather than perform outrage about it. This holds even for pieces and takes I expected to trigger the most hostility, because people disagreeing under their own name with their employer looking over their shoulder have strong incentives to be reasonable.

 

Week-end Wrap – Political Economy – May 17, 2026

Week-end Wrap – Political Economy – May 17, 2026

by Tony Wikrent

 

War

Iran war has cost American consumers over $37 billion in extra fuel costs, Brown University tracker shows

[Drop Site Daily: May 12, 2026]

American consumers have paid more than $37 billion in additional gasoline and diesel costs since the war with Iran began on February 28, according to a real-time tracker developed by Brown University’s Watson School of International and Public Affairs.

 

Trump not violating any law

‘He who saves his Country does not violate any Law’

Trump Stuns By Saying ‘I Don’t Know’ When Asked Directly NBC’s Kristen Welker ‘Don’t You Need to Uphold the Constitution?’

Joe DePaolo, May 4th, 2025

 

Trump Isn’t Mentally Ill; He’s Evil

Thomas Meisenhelder, May 14, 2026 [Common Dreams]

…Nor are the mentally ill immoral. It is somewhat commonplace to find public figures, journalists, and other “experts” express that a person who commits a horribly immoral act must be mentally ill. This is a faulty presumption. Mental illness does not necessarily affect moral reasoning or understanding….

Donald Trump is not crazy, he is evil. The America Heritage Dictionary definition of evil has three components. The first one is that evil means morally bad or wrong. The list of the immoral acts of our president is too long to be included listed completely here, but consider just a sampling: participating in Jeffrey Epstein’s abuses, illegally detaining and deporting veteranschildren, and others; using charitable donations for personal desires; separating innocent children from their families; fomenting racism and racial hatred; ridiculing the disabled; daily misogyny; supporting white supremacy; inciting violence; lying for personal gain; harming the lives of LGBTQ+ people; taking food and medical care from children and their families; and the list goes on and on.

The dictionary also defines evil as harmful or causing injury and pain. Rather than repeating the cruel and hateful list above, please consider this sampling of the harmful consequences of decisions of President Trump: ordering the murder of hundreds of people who have been in boats attacked because they were supposedly carrying illegal drugs; murdering nearly a hundred people in Venezuela when the country was attacked and he ordered its president arrested; causing death and injury to tens of thousands of Iranians during his war against the government of that country; partnering with Israel’s raining of death and destruction on the people of LebanonGaza, and Palestine; expanding the embargo against Cuba causing pain, injury, and death to ordinary Cubans; and his administration’s defunding of the medical aid and food assistance provided to less developed nations by the US Agency for International Development, which has damaged the lives of millions of people around the world….

 

INSIDER Exposes Trump’s SECRET EMERGENCY Midterm Plan!! (YouTube video)

[Legal AF, YouTube, May 15, 2025]

Sidney Blumenthal and Sean Wilentz interview Jonathan Winer, former State Department official, on the secret Presidential Emergency Action Documents, Trump’s intention to manipulate the midterm elections, his devilish designs, and how to foil them….

Week-end Wrap – Political Economy – May 10, 2026

Week-end Wrap – Political Economy – May 10, 2026

by Tony Wikrent

 

Mother’s Day

Heather Cox Richardson, May 10, 2026 [Letters from an American, May 9, 2026]

If you google the history of Mother’s Day, the internet will tell you that Mother’s Day began in 1908 when Anna Jarvis decided to honor her mother. But “Mothers’ Day”—with the apostrophe not in the singular spot, but in the plural—actually started in the 1870s, when the sheer enormity of the death caused by the Civil War and the Franco-Prussian War convinced writer and reformer Julia Ward Howe that women must take control of politics from the men who had permitted such carnage. Mothers’ Day was not designed to encourage people to be nice to their mothers. It was part of women’s effort to gain power to change society….

 

War

Iran used Chinese spy satellite to target US bases

[Financial Times, via The Big Picture, May 05, 2026]

Leaked documents show IRGC secretly acquired system and used it to guide strikes during war in March. Iran secretly acquired a Chinese spy satellite to target US military bases across the Middle East. The China-Iran axis just became a lot more concrete — and a lot more dangerous.

 

Iran has hit far more U.S. military assets than reported, satellite images show

Evan Hill, Jarrett Ley, Alex Horton, Tara Copp and Dan Lamothe, May 6, 2026 [Washington Post]

Iranian airstrikes have damaged or destroyed at least 228 structures or pieces of equipment at U.S. military sites across the Middle East since the war began, hitting hangars, barracks, fuel depots, aircraft and key radar, communications and air defense equipment, according to a Washington Post analysis of satellite imagery. The amount of destruction is far larger than what has been publicly acknowledged by the U.S. government or previously reported….

Experts who reviewed The Post’s analysis said the damage at the sites suggested that the U.S. military had underestimated Iran’s targeting abilities, not adapted sufficiently to modern drone warfare and left some bases under-protected.
“The Iranian attacks were precise. There are no random craters indicating misses,” said Mark Cancian, a senior adviser with the Center for Strategic and International Studies and a retired Marine Corps colonel, who reviewed the Iranian images at The Post’s request. The Post previously revealed how Russia provided Iran with intelligence to target U.S. forces….
Shaun King, May 07, 2026
Satellite images show extensive damage to at least 15 U.S. military sites, with over 225 essential pieces of equipment destroyed — and the American people were never told the full scale of it….

What The Washington Post has now documented is something altogether different: a state adversary damaging U.S. military infrastructure across an entire region. Bahrain. Kuwait. Qatar. Saudi Arabia. Jordan. The United Arab Emirates. Multiple bases. Multiple categories of targets. Multiple forms of military infrastructure.

That is the point.

Iran did not merely “respond.” Iran demonstrated that the U.S. military footprint across the Middle East is not some invisible, invincible architecture of empire.

It is a map of fixed targets.

 

Demand destruction vs fuel-superseding infrastructure

Cory Doctorow, 04 May 2026) [Pluralistic]

… In starting this stupid, unforgivable war, Trump has vastly accelerated the process of demand destruction. Rather than buying American oil, the whole world has undertaken a simultaneous, rapid, irreversible shift to electrical substitutes for fossil fuel applications, from induction tops to balcony solar to ebikes and EVs:

https://thepolycrisis.org/01-demand-destruction-us-oil-is-not-winning-the-iran-war/

As Solnit writes, Trump’s stupid war follows on the heels of another unforgivable and cruel blunder: Putin’s quagmire in Ukraine, which catapulted Europe into the Gretacene, with a wholesale, continent-wide shift away from fossil fuels to renewables and the devices they power. Now, the rest of the world is following suit. In South Korea, President Lee Jae Myung is leading the charge to transition the country to renewables, framing fossil fuels as an existential geopolitical risk.

Trump’s demand destruction accelerates Putin’s demand destruction: China and India both increased their energy consumption in 2025 – but reduced their fossil fuel consumption over the same period. In 2025, coal accounted for less than a third of the world’s energy for the first time in modern history. 2025 was the year that solar and wind overtook coal globally.

Meanwhile, Trump and his oil baron buddies keep trying to make fetch happen. On the campaign trail, Trump told the oil industry that if they slipped him a $1b bribe, he would give them anything they wanted, and he’s kept his promise. Trump will let Big Oil drill anywhere they like, from sacred sites like New Mexico’s Chaco Canyon to the Arctic. He’ll even let them take all of Venezuela’s oil. The problem is that banks can see the demand destruction writing on the wall, and they are conspicuously declining to loan the oil companies the money they’d need to get that oil.

Truly, Trump’s a machine for creating stranded assets at scale.

In starting this stupid, unforgivable war, Trump has vastly accelerated the process of demand destruction. Rather than buying American oil, the whole world has undertaken a simultaneous, rapid, irreversible shift to electrical substitutes for fossil fuel applications, from induction tops to balcony solar to ebikes and EVs:

https://thepolycrisis.org/01-demand-destruction-us-oil-is-not-winning-the-iran-war/

As Solnit writes, Trump’s stupid war follows on the heels of another unforgivable and cruel blunder: Putin’s quagmire in Ukraine, which catapulted Europe into the Gretacene, with a wholesale, continent-wide shift away from fossil fuels to renewables and the devices they power. Now, the rest of the world is following suit. In South Korea, President Lee Jae Myung is leading the charge to transition the country to renewables, framing fossil fuels as an existential geopolitical risk.

Trump’s demand destruction accelerates Putin’s demand destruction: China and India both increased their energy consumption in 2025 – but reduced their fossil fuel consumption over the same period. In 2025, coal accounted for less than a third of the world’s energy for the first time in modern history. 2025 was the year that solar and wind overtook coal globally.

Meanwhile, Trump and his oil baron buddies keep trying to make fetch happen. On the campaign trail, Trump told the oil industry that if they slipped him a $1b bribe, he would give them anything they wanted, and he’s kept his promise. Trump will let Big Oil drill anywhere they like, from sacred sites like New Mexico’s Chaco Canyon to the Arctic. He’ll even let them take all of Venezuela’s oil. The problem is that banks can see the demand destruction writing on the wall, and they are conspicuously declining to loan the oil companies the money they’d need to get that oil.

Truly, Trump’s a machine for creating stranded assets at scale….

 

 

Ukraine’s rapid rise as an anti-drone powerhouse

[New Atlas, via The Big Picture, May 05, 2026]

Necessity makes the best R&D lab. Kyiv’s counter-drone industry now exports back to NATO. In only four years after the Russian invasion, Ukraine went from being a country knocked back on its heels and scrambling for military aid to emerging as a leading provider of battlefield-tested counter-drone expertise and exporter of anti-drone weapons systems. How did this happen? Let’s find out.

 

Trump not violating any law

‘He who saves his Country does not violate any Law’

Trump Stuns By Saying ‘I Don’t Know’ When Asked Directly NBC’s Kristen Welker ‘Don’t You Need to Uphold the Constitution?’

Joe DePaolo, May 4th, 2025

 

Insane Pre-Crime Strategy Unveiled for Leftist “Extremists” 

Ken Klippenstein [via Naked Capitalism 05-07-2025]

The White House declared war on the American people today, labeling its political opponents as terrorists, including “Left-wing extremists.” The new label also claims that there are “deepening alliances” between “the far-left and Islamists” — or pro-Palestinian protesters.

The language is contained in the White House’s newly released National Counterterrorism Strategy. It is the first National Strategy to be unveiled since 2021, when the Biden administration issued its document. The Strategy identifies the “left-wing,” “anti-Fascists,” “Anarchists” and “radically pro-transgender” ideologies as threats equivalent to jihadi groups like al Qaeda and ISIS, or narco-traffickers.

The Strategy is the brainchild of White House counterterrorism czar Sebastian Gorka, an eccentric figure I have reported on, who last year hinted at terrorism charges being levied for political opponents of the administration. The document makes clear he got his wish. Gorka called the Strategy “my life’s work,” ….

“Counterterrorism” Now Officially Means Targeting Trans People

Sophie Hurwitz, May 8, 2026 [Mother Jones]

On Wednesday, the White House released a new “United States Counterterrorism Strategy,” the first such directive since a 2021 Biden-era memo emphasizing the need to combat white supremacist violence, which has now been scrubbed from the White House website.

Wednesday’s document, masterminded by White House “counterterrorism czar” Sebastian Gorka, does not mention far-right violence at all. It identifies “Violent Left-Wing Extremists, including Anarchists and Anti-Fascists” as a security threat of equal severity to “Legacy Islamist Terrorists” and “Narcoterrorists and Transnational Gangs.” The administration will now apparently “prioritize the rapid identification and neutralization of violent secular political groups whose ideology is anti-American, radically pro-transgender, and anarchist.

Week-end Wrap – Political Economy – May 03, 2026

Week-end Wrap – Political Economy – May 03, 2026

by Tony Wikrent

 

War

War, El Niño, Pestilence, and Famine: The Coming Shock to Global Food Supplies

Craig Tindale [via Naked Capitalism 04-27-2025]

 

Why Iran’s Oil Infrastructure Is Not Exploding Like Trump Said It Would

Murtaza Hussain, May 01, 2026 [Drop Site News]

 

Why U.S. Oil Companies Are Not Plugging the World’s Energy Gap

[New York Times, via Naked Capitalism 05-02-2025]

 

Trump not violating any law

‘He who saves his Country does not violate any Law’

Trump Stuns By Saying ‘I Don’t Know’ When Asked Directly NBC’s Kristen Welker ‘Don’t You Need to Uphold the Constitution?’

Joe DePaolo, May 4th, 2025

 

Trump blames No Kings for assassination attempt

[Popular Information, via Naked Capitalism 04-29-2025]

 

Comey Indictment Shows Justice Dept. Got the Message From Bondi’s Firing

Glenn Thrush, April 30, 2026 [Washington Post]

In naming only an interim successor as acting attorney general, President Trump has established even greater incentives to execute his most extreme demands, current and former officials say.

Week-end Wrap – Political Economy – April 26, 2026

Week-end Wrap – Political Economy – April 26, 2026

by Tony Wikrent

 

War

How Iran has been studying lessons from the war in Ukraine

[FT Alphaville, via The Big Picture, April 20, 2026]

Military journals provide tantalising glimpses into what Tehran’s military thinks and its priorities, including drones. Tehran’s military journals reveal how closely it’s been watching drone and missile warfare.

 

How Iran war has triggered soaring cost of medicines 

[Aljazeera, via Naked Capitalism 04-25-2025]

 

To A Conclusion. 

Aurelien [via Naked Capitalism 04-23-2025]

…But we have become so used to the Liberal internationalist way of thinking, where all problems have a reasonable solution and compromise is only a negotiation away, that we cannot recognise and understand a situation where a negotiated solution cannot actually address the fundamental issues that divide parties from each other. But that is the case here. The obsession of the US and Israel with the destruction of Iran, and the Iranian desire to preserve itself and to come to dominate the region, can simply never be reconciled, even by the most brilliant negotiators in history. This one, I’m afraid, will have to be fought out to a conclusion, whatever that might be.

 

GOP senators ponder giving Trump official blessing for Iran war 

[Responsible Statecraft, via Naked Capitalism 04-22-2025]

Week-end Wrap – Political Economy – April 19, 2026

Week-end Wrap – Political Economy – April 19, 2026

by Tony Wikrent

 

War

House rejects resolution to end U.S. war with Iran by one vote

[Drop Site News, April 17, 2026]

The Republican-controlled House voted 213–214 on Thursday to defeat a resolution directing President Donald Trump to withdraw U.S. armed forces from hostilities against Iran, one day after the Senate rejected a similar measure 52–47. Only one Republican, Rep. Thomas Massie (Ky.), broke with his party to support the measure. One Democrat, Rep. Jared Golden (Maine) voted against it; Rep. Warren Davidson (Ohio), who had previously voted to end the war, voted present. The resolution, introduced by Rep. Gregory Meeks (N.Y.), would have required congressional authorization to continue military operations under the War Powers Resolution.

 

The Iran war’s fertilizer shock is hammering American farmers, and 70% can’t afford what they need for this year’s growing season

[Fortune, via Naked Capitalism 04-17-2025]

 

Top oil companies pocketed $30 million per hour in war profits during first month of Iran conflict

[Drop Site News, April 16, 2026]

The world’s top 100 oil and gas companies earned more than $30 million every hour in windfall profits during the first month of the U.S.-Israeli war on Iran, generating an estimated $23 billion in excess earnings in March alone as oil averaged $100 a barrel, according to analysis by Global Witness using Rystad Energy data reported exclusively by the Guardian. Saudi Aramco stands to make an estimated $25.5 billion in war profits in 2026 if the $100 price holds, while ExxonMobil is on track for $11 billion, Chevron $9.2 billion, and Shell $6.8 billion—with three Russian state-linked companies, Gazprom, Rosneft, and Lukoil, projected to collect a combined $23.9 billion, boosting Vladimir Putin’s war chest for the conflict in Ukraine.

 

Iran used Chinese satellite to monitor and target U.S. bases, leaked documents show

[Drop Site News, April 16, 2026]

Iran’s Islamic Revolutionary Guard Corps Aerospace Force acquired a Chinese spy satellite in late 2024 that it used to monitor and help target U.S. military bases across the Middle East during the war, the Financial Times reported Wednesday, citing leaked Iranian military documents confirmed by Fox News. The IRGC purchased the TEE-01B satellite from Chinese company Earth Eye Co for roughly $36.6 million, paid in renminbi, according to the report. Time-stamped coordinate lists, satellite imagery, and orbital analysis show Iranian commanders used the satellite to surveil Prince Sultan Air Base in Saudi Arabia on March 13, 14, and 15—the same days President Donald Trump confirmed U.S. aircraft at the base had been struck—as well as Muwaffaq Salti Air Base in Jordan, the U.S. Fifth Fleet naval base in Bahrain, and Erbil airport in Iraq around the time of IRGC-claimed strikes on those facilities. China’s Foreign Ministry denied the report, calling it “not true.”

 

How Much Has the War in Iran Depleted the U.S. Missile Supply?

Garrett M. Graff, April 14, 2026

 

Trump not violating any law

‘He who saves his Country does not violate any Law’

 

Trump Stuns By Saying ‘I Don’t Know’ When Asked Directly NBC’s Kristen Welker ‘Don’t You Need to Uphold the Constitution?’

Joe DePaolo, May 4th, 2025

 

Caught in the Crackdown: As Arrests at Anti-ICE Protests Piled Up, Prosecutions Crumbled

A.C. Thompson [ProPublica] and FRONTLINE, and Gabrielle Schonder [FRONTLINE], April 14, 2026

  • Protesters Detained: ProPublica and FRONTLINE found more than 300 people who were arrested during immigration sweeps and accused of crimes like assaulting or interfering with law enforcement.
  • Cases Collapse Under Scrutiny: Over and over, cases against protesters fell apart, often because statements made by the arresting officers were debunked by video footage.
  • Chilling Effect: Experts said arrests, even without convictions, can quash dissent. “I don’t want to be assaulted again. I don’t want to wind up back in federal prison,” a protester said.

 

 

DOJ fires US immigration judges who ruled for pro-Palestine activists

[Jurist News, via Naked Capitalism 04-16-2025]

 

 

Luigi-Inspired Arsonist Threatened “Our Way of Life,” Feds Say

Ken Klippenstein [via Naked Capitalism 04-15-2025]

 

 

 

Oligarchy

The Shocking Secrets of Madison Square Garden’s Surveillance Machine

[Wired, via The Big Picture, April 18, 2026]

Famously vengeful Knicks owner Jim Dolan has long spied on people at his iconic arenas. He has turned MSG into one of the most aggressive private facial-recognition operations in the country, using it to ban critics and lawyers at the door. Private-sector dystopia that most fans never see coming.

[TW: As the classic thinkers of civic republicanism warned, the morbidly rich suffer extreme psychological damage because they lose the capacity for self-discipline, destroying any basis for one of the key components of civic virtue. This happens because the morbidly rich can afford to surround themselves with sycophants who are unwilling to call out the excesses the morbidly rich indulge in. This is why Locke’s concept of venerating private property must be forcefully opposed by the civic republican principles of General Welfare and the civic virtue of subordinating private interest to the public good. The preservation of a republic requires that the absence of civic virtue among the most powerful, the morbidly rich, must be countered by the extension of the Constitutional guarantees of individual liberty to the states (which conservatives and the (anti)Republican Party have been and are now contesting), AND private actors such as corporations and the morbidly rich.]

 

 

Billionaire Adelson Pours $40 Million To Back GOP—Soros Gives $50 Million To His Democrat PAC

[Forbes, via Naked Capitalism 04-17-2025]

Week-end Wrap – Political Economy – April 12, 2026

by Tony Wikrent

 

“A curtain of darkness is settling over our nation.”

Heather Cox Richardson, Apr 11, 2026 [Letters from an American, April 10, 2026]

It feels like something shifted in the United States this week after President Donald J. Trump threatened on Tuesday that “a whole civilization will die tonight, never to be brought back again.” As professor of human rights, global affairs, and philosophy Mathias Risse of Harvard University’s Kennedy School noted, the Geneva Conventions prohibit “acts or threats of violence whose primary purpose is to terrorize civilians.” He notes that Trump’s threat terrorized 90 million Iranians by threatening them with genocide.

 

 

Killing History — DOJ’s Office of Legal Counsel (OLC) declares the Presidential Records Act unconstitutional

Joyce Vance, Apr 08, 2026 [Civil Discourse]

…“You have asked,” it begins, “whether the Presidential Records Act of 1978 (“PRA” or “Act”) is constitutional.” The answer follows immediately: “We conclude that it is not.” There are two reasons, either of which, standing on its own, would have been sufficient to undo the PRA. The opinion explains that they are “interlocking.” The Act “exceeds Congress’s enumerated and implied powers”, and it also “aggrandizes the Legislative Branch at the expense of the constitutional independence and autonomy of the Executive.” In other words, we’re watching another power grab by this administration, a stratagem to expand the power of the executive at the expense of Congress, while claiming it’s the other way around….

[TW: I hope readers who have been here long enough will remember that in the past few years I often linked to law journal and scholarly articles debunking the conservative arguments about “enumerated” powers:

 

Donald Trump’s Plan To Steal Or Destroy Everything — We should assume it’s underway, starting with the Epstein files.

Brian Beutler, Apr 10, 2026 [Off Message]

Donald Trump now claims to own all of his presidential records. To be more precise, his Justice Department’s Office of Legal Counsel, which interprets law for the entire executive branch, recently opined that the Presidential Records Act is unconstitutional, and thus that any government documents that cross the president’s desk, or pertain to his work, are his to keep, unless he chooses to leave them with the National Archives….

This is bullshit because the president works for the public, not the other way around; he is no more entitled to make off with our documents than you’re entitled to charge a Ferrari to the company credit card….

…And we should suspect the worst, because this action only really makes sense as a fabricated legal defense against actions Trump and his subordinates have already taken or intend to take imminently. There was no reason for Trump to do this unless he means to make off with or destroy a large number of incriminating or valuable public records in short order—not merely at the end of his term. If Trump had sincere, above board motives, he could have challenged the Presidential Records Act in court directly, rather than make a lawless assertion of power and wait for litigants and judges to stop him. The reason an administration of such low character would do this now, years before Trump leaves office, is to begin the process of burying or destroying or privatizing records right away—many months before Democrats regain control of Congress….

Trump’s New Attempt To Keep You From Voting

Joyce Vance, Apr 06, 2026 [Civil Discourse]

Last Tuesday, Donald Trump signed a new executive order designed, to put it simply, to make it more difficult for us to vote.

 

 

War

Yes, Trump Might Use Nukes in Iran

Andrew Day, Apr 7, 2026 [www.defenddemocracy.press]

…Maybe these statements were just bluster, maybe not. Regardless, if Tehran doesn’t budge, Trump will feel pressure to follow through and turn Iran into an apocalyptic hellscape before tomorrow morning.

Moreover, Trump doesn’t seem to have internalized the “nuclear taboo,” the idea that strategic planners consider the nuclear option illegitimate and uncomfortable to even contemplate. Joe Scarborough of MSNBC reported during the 2016 presidential race that Trump had questioned a foreign policy adviser about the impermissibility of using nuclear weapons. “Three times he asked at one point, if we had them, why can’t we use them,” Scarborough said.

Trump: First of all, you don’t want to say, “Take everything off the table,” because you’d be a bad negotiator if you did that.

Matthews: Just nuclear.

Trump: Look, nuclear should be off the table. But would there be a time when it could be used? Possibly, possibly.

Matthews: OK. The trouble is, when you said that, the whole world heard it. [Then–Prime Minister] David Cameron in Britain heard it. The Japanese, where we bombed them in ’45, heard it. They’re hearing a guy running for president of the United States talking of maybe using nuclear weapons. Nobody wants to hear that about an American president.

Trump: Then why are we making them? Why do we make them?

Arguably, Trump had a point. After all, a president can’t take nuclear weapons “off the table” without thereby negating their deterrence value. Still, the exchange suggests Trump approaches the issue with less gravity and forbearance than the average world leader….

“President Trump is clearly frustrated and looking for an off ramp to end the war, but seems to want to put some kind of exclamation point on the campaign,” Jennifer Kavanagh of Defense Priorities told The American Conservative. “He’s hoping for a big win that he can use to sell the war as a massive success. This could push him to escalate, even as the returns are diminishing.”….

 

 

When War Crimes Rhetoric Becomes Battlefield Reality: The Slippery Slope to Total War on Iran.

[JustSecurity, via The Big Picture, April 07, 2026]

Iranian power plants and other critical civilian infrastructure are protected from attacks by the law of war the United States helped craft after World War II. Such an object can lose its protection only if it is used for military purposes by the enemy and its destruction “offers a definite military advantage.” Even then, such an object can be attacked only if, after a case-by-case rigorous analysis, the “concrete and direct military advantage anticipated” outweighs the civilian suffering that is expected to result.

[TW: Aa number of Democratic Senators and Congressmen declared Trump should once again be impeached. Even former prominent Trump boosters such as Tucker Carlson and Candace Owens have begun calling for the use of the 25th Amendment to remove Trump from office.

[Because the (anti)Republicans in Congress will block another impeachment, I think a more useful and effective response is to introduce and fight to pass a law making it an explicit war crime for any President — absent a nuclear attack on the US or any of its allies, or without a Declaration of War by Congress — to order the use of nuclear weapons. To maintain the deterrent capability of US nuclear weapons, this law must be explicit that it does not apply to an order in which a nuclear attack on the US or any of its allies has already been inflicted or has already begun. This is necessary to maintain US strategic deterrence.

[By contrast, this new law would clearly state that any use of nuclear weapons outside this deterrent role would be a war crime.

[The introduction and debate of this new law can be framed and managed in such a way as to force supporters of the unitary executive theory to admit that either there are limits to presidential authority, or admit that their interpretation of unitary executive theory is not even bounded by the war powers clause of the Constitution. This admission would inflict serious damage on the unitary executive theory, especially in the court of public opinion.

[This would be much more likely to attract the support, or at least votes, of Republican members of Congress, and could be used to great benefit in attacking the unitary executive theory.

[This new law should also include sturdy and robust safeguards for members of the military who refuse unlawful orders. We have already seen Trump’s vindictive attempt at retribution against the Vindman brothers during his Trump’s first term, and the threats to prosecute Senators Slotkin and Kelly, and the Congressmen who joined them in publishing a video remining members of the military their duty includes refusal to obey unlawful orders. Will a JAG lawyer who advises a commander not to obey an order be subjected to retaliatory investigations, abuse, professional damage, and even personal danger by Trump and his agents? Using the hypothetical Seal Team 6 question during the Supreme Court hearing on Presidential immunity – what if Trump orders certain military units or operatives to kill any JAG lawyer opposing illegal orders? ]

 

 

Confirmed: Trump admin threatened to overthrow the papacy

Adam Lynch, April 08, 2026 [Alternet, via DailyKos, April 08, 2026]

Pope Leo XIV chronicler Christopher Hale says he has confirmed that Trump’s Pentagon threatened to declare war on the Vatican.

“In January, behind closed doors at the Pentagon, Under Secretary of War for Policy Elbridge Colby summoned Cardinal Christophe Pierre — Pope Leo XIV’s then-ambassador to the United States — and delivered a lecture,” said Hale.

“America has the military power to do whatever it wants in the world,” Colby and his associates informed the cardinal. “The Catholic Church had better take its side.”

As the room temperature grew, Hale said he confirmed that one U.S. official “reached for a fourteenth-century weapon and invoked the Avignon Papacy, the period when the French Crown used military force to bend the bishop of Rome to its will.” ….

Citing a Free Press report, a writer obtained accounts from Vatican and U.S. officials briefed on the Pentagon meeting. According to his sources, Colby’s team picked apart the pope’s January state-of-the-world address line by line and read it as a hostile message aimed directly at President Donald Trump. Hale said what “enraged them most” was Leo’s declaration that “a diplomacy that promotes dialogue and seeks consensus among all parties is being replaced by a diplomacy based on force.”

“The Pentagon read that sentence as a frontal challenge to the so-called ‘Donroe Doctrine’ — Trump’s update of Monroe, asserting unchallenged American dominion over the Western Hemisphere,” said Hale….

The Pentagon’s January confrontation with Cardinal Pierre signals an unprecedented willingness by Trump officials to pressure religious institutions into alignment with administration goals. This represents a potential inflection point: where diplomatic courtesy once governed state-Church relations, coercion may now be replacing negotiation. The Vatican’s refusal to participate in the 250th anniversary celebration underscores that even America’s most prominent religious institution will not compromise its moral authority for political expediency.

 

 

The Public Theology We Need Now — Moral compromise is far too common, but we know a better way.

William J. Barber, II and Jonathan Wilson-Hartgrove, Apr 11, 2026 [Our Moral Moment]

In the spring of 1933, while the world faced rising authoritarian movements, Franz von Papen traveled to Rome as a delegate of Germany’s new Chancellor. There he began negotiations for an agreement between the Vatican and the German Reich – a Concordant both parties would sign that summer, preparing the way for Hitler’s regime to advance its agenda for the next dozen years without mass resistance from German Christians. The details of the agreement were spelled out in several pages, but the structure was simple, and largely reflected how most Catholic and Protestant churches would negotiate the Third Reich: churches would be free to worship, run schools, and conduct social services as long as their preachers stayed out of politics.

The pastoral ministries of the Church could continue if it silenced its prophetic critique.

When the US President threatened genocide on social media this week, Pope, Leo XIV – the first American Pope – told reporters, “This truly is not acceptable.” He encouraged US citizens to call their representatives in Congress and demand a check on the President’s war powers. This was not the first time Leo (or Pope Francis before him) challenged Trump’s agenda, but it was remarkably direct….

The central question of public theology is always what God requires of us, no matter who is in charge. Throughout history clergy have been accused of being “too political” in times and places where political leaders did not want to have to deal with the challenge our moral traditions offer. The compromise that Trump demands today and that German Christians agreed to in 1933 has been made far too often in human history. It was the basic agreement between white churches and the Jim Crow regime in the American South, between church leaders and the Roman emperor Constantine in the fourth century, and between many governments and church institutions in between.

But this is not the only story of public theology that we have inherited. Two years before von Papen traveled to Rome to meet with Vatican officials in 1933, a handful of clergy, scholars, and activists traveled to New Haven, Connecticut at the invitation of seven African-American students at Yale Divinity School who had dedicated themselves to “service and sacrifice for Christ.” The students were concerned about the authoritarian movements of their day, both in Europe and in the American South. They also knew God had called them to become leaders in the church who could work together for “the creation of a new social order based on the principles of Jesus.”

Not content to simply wait for their theological school to equip them for this moral leadership, they called on a young scholar from Howard University (Benjamin Mays), a young labor organizer (A. Philip Randolph), a couple of preachers who had built large churches in New York City and Atlanta, and a couple of PhD’s who would go on to lead HBCUs over the next few decades. Only one of their professors, Jerome Davis, helped facilitate the gathering. For a few days, the small group reflected together on this question: how could they practice the militant nonviolent love of Jesus in a way that would bring down Jim Crow? They recorded their resolutions in a document they titled, “Whither the Negro Church?,” then they set about building institutions that could operationalize their vision.

Just five years later, one of those seven students and his spouse traveled with Howard and Sue Bailey Thurman to India, where they met Gandhi and continued the discussion they’d started about nonviolence. Others who’d participated in the seminar worked together to build the Institute for Religion at Howard University, where Thurman became Dean of Rankin Chapel. Mays left Howard to lead Morehouse College, and others from this “Rankin Network” went on to teach and lead at Virginia Union, Lincoln University, Shaw University, North Carolina College (now NC Central University), and other HBCUs. But their growing network came back to Howard for regular meetings and stayed in touch through the “Journal of Religious Thought” that William Stuart Nelson, a Yale graduate, edited.

The public theology of this network did not make headlines for the next couple of decades. Most of its adherents didn’t get big book deals or respected teaching posts….

Before Martin Luther King, Jr., James Farmer, Diane Nash and many others were leaders of the modern civil rights movement, they were students at the HBCU’s shaped by this Rankin Network. There they learned a faith that demanded social action, the philosophy of nonviolence, and the hope that movements could change what seemed immovable. When he was martyred in 1968 after becoming the most recognizable moral leader of the 20th century America, Dr. King was eulogized by his mentor and college President – one of the handful of people who’d been at that initial seminar in 1931 – Dr. Benjamin Mays….

 

 

Trump decided on war with Iran after secret Israeli pitch, New York Times reports

[Drop Site Daily, April 8, 2026]

President Donald Trump authorized strikes on Iran following a February 11 Situation Room meeting in which Israeli Prime Minister Benjamin Netanyahu, appearing alongside Mossad chief David Barnea and military officials, presented a four-part regime-change pitch that included a video montage of potential replacement leaders such as Reza Pahlavi, the New York Times reported Tuesday. Netanyahu argued Iran’s ballistic missile program could be destroyed within weeks, that the regime would be too weakened to close the Strait of Hormuz, and that Mossad-fomented street protests combined with a Kurdish ground front from Iraq could trigger an uprising. Trump’s immediate response was reported as: “Sounds good to me.” Vice President JD Vance was absent, stranded in Azerbaijan. U.S. intelligence officials pushed back sharply the following day. Central Intelligence Agency Director John Ratcliffe called the regime-change scenario “farcical,” Secretary of State Marco Rubio called it “bullshit,” and General Dan Caine told the president the Israelis routinely “oversell” plans that are “not always well-developed,” the Times reported. War Secretary Pete Hegseth was described as the strongest proponent of immediate action.

 

 

Here’s A List Of Gulf Energy Infrastructure Damaged In Iran War

[Bloomberg, April 12, 2026, via gCaptain]

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