“Americans awoke on Saturday, February 28, 2026, to discover that the United States had launched one of the largest military operations in its history. Operation Epic Fury followed the collapse of diplomatic talks purportedly aimed at ending the Islamic Republic of Iran’s efforts to build nuclear weapons and its 47-year history of aggression against the U.S. and the nations of the Middle East by Iran and its proxy forces. The effort began nearly two months after President Trump first called for a 50% increase in the U.S. defense budget, bringing it to $1.5 trillion. According to the Congressional Budget Office, the U.S. government was already on track to run a $1.9 trillion deficit in fiscal year 2026. Without any plan to reduce the government’s excessive spending, the new spending would require the U.S. government to borrow more, above and beyond that amount.” (03/09/26)
“A group of Democratic Party moderates gathered in Charleston, South Carolina, last Sunday and Monday for an event organized by Third Way, an influential group in the party’s moderate wing. The event, entitled ‘Winning the Middle’, brought together elected officials, prominent pundits, data gurus, communication savants, and industry figures with one goal in mind: how to block a progressive from winning the party’s nomination for president in 2028. The event’s speakers celebrated their claim that a similar conference hosted by Third Way in the same location back in 2019 helped power Joe Biden (whom they touted as ‘the most conservative Democrat in the 2020 field’) to the White House, recalling that South Carolina served as both the last refuge of and launching pad for the then-former vice president’s flailing presidential campaign.” (03/10/26)
“Trump’s ‘all over the place’ press conference at his Miami resort on Monday appears to have had two key objectives: a) Calm the markets by signalling the conflict may soon be over because it has been so ‘successful,’ and b) Prepare the ground for Trump ending the war through a unilateral declaration of victory. Though ending a war that never should have been started in the first place — rather than fighting it endlessly in the pursuit of an illusory victory as the U.S. did in Afghanistan — is the right move, it won’t be as easy as Trump appears to think. Tehran also has a vote — and there is little to suggest that it will agree that the war is over.” (03/09/26)
“America’s Boomers have established a bipartisan gerontocracy — a political and economic system under the leadership of the elderly. They take care of their own and make younger Americans foot the bill for their longer and more luxurious retirements. It’s obviously unfair, but no one on either side of the political aisle seems inclined to do anything about it. The federal government has run a budget deficit for 24 consecutive years as the gerontocracy tightened its grip on power. It’s particularly worrisome given that the political influence of senior citizens is likely to grow as the population ages, even as the economics of America’s gerontocracy become more and more unsustainable.” (03/09/26)
“Of the many questionable decisions Donald Trump has made with regard to Iran, one of the strangest was his declaration last Friday that the United States would demand ‘unconditional surrender’ from Tehran. When Trump launched the attack with Prime Minister Netanyahu of Israel, he was obviously hoping for a quick victory, something like the outcome he achieved when he snatched Nicolás Maduro of Venezuela in January. But the war expanded across the Middle East … Normally, a smart leader in such a situation would try to lower expectations and declare an achievable objective in the war, such as degrading the better part of Iran’s ability to strike targets with ballistic missiles and drones. This would offer an opportunity for Trump to declare victory and disengage. Instead, Trump did the opposite. The new objective of unconditional surrender suddenly raised the goalposts to an unachievable height.” (03/09/26)
“America’s healthcare system consistently ranks as the most expensive in the developed world. It’s not, as some politicians claim, expensive because markets have failed. It’s expensive because the market has been repeatedly blocked from succeeding. Until we’re honest about that, any potential reforms will only address symptoms while ignoring the disease. The healthcare market is hindered in many ways, but the core structural problem is simple: The person receiving care is almost never the person actually paying for it.” (03/09/26)
“Back in the first heady days of the attacks on Iran I cautioned that it was relatively easy to kill a few leaders and bomb a bunch of stuff, but harder to understand how a liberal democracy was to magically eventuate in Iran. The US has a history of removing one bad leader and getting only something worse afterwards (remember Diem? Gaddafi?). One problem is that after 40 years of rule, the totalitarian government there is strong and deeply entrenched, and the opposition (while it certainly exists) does not seem to have leadership, plans, or coherent organization. Would killing Hitler in 1943 or Stalin in 1937 have incited a successful revolution? Almost certainly not — not because they were loved but because their party’s instruments of control were strong and the opposition was smashed flat.” (03/09/26)
“Few books can be said to have withstood the test of time 250 years later, but Adam Smith’s An Inquiry into the Nature and Causes of the Wealth of Nations (usually shortened to The Wealth of Nations), published for the first time in 1776, certainly has. At a time when even the governments of nominally free countries once again dabble with guiding economies, and the president of the United States rails against trade as if it’s a team sport where some countries are winners and others are losers, Smith’s book reminds us that unfettered societies are both good and productive, and that free trade produces the best outcomes for all.” (03/09/26)
Source: TomDispatch
by Janet Abou-Elias & William D. Hartung
“‘I love the idea of getting a drone and having light fentanyl-laced urine spraying on analysts that tried to screw us’, said Alex Karp, the CEO of the emerging military tech firm Palantir. Far from an offhand outburst, his statement reflects a broader ethos taking hold in Silicon Valley’s military-tech sector, one that treats coercion as innovation, cruelty as candor, and the unchecked application of technological power as both inevitable and desirable. Karp loves verbal combat as much as he likes running a firm that makes high-tech weaponry. His company has helped Israel increase the pace at which it has bombed and slaughtered Palestinians in Gaza, and its technology has helped ICE accelerate deportations, while also helping locate and identify demonstrators in Minneapolis. Not only is Karp unapologetic about the damage done by his company’s products, he openly revels in it.” (03/08/26)
