Side note: If the US and Iran can literally sign a peace deal electronically why is it when you buy a house in the United States you have to pay thousands to some bullshit title company
The next 65 days until the final deal is signed will be the greatest fight in the Israel lobby's history. They will stop at NOTHING to derail it. The closer it gets, the more unhinged they'll become
Perhaps the highest stakes 65 days in modern history
Lets say what Trump said is true and roughly 2 million barrels per day made it through in the last 40 days.
That is roughly 10% of normal traffic at the cost of an Apache helicopter, several drones, and god only knows how many billions a month it costs to sustain the blockade
US President Trump says since last month more than 100 million barrels of oil have left the Persian Gulf in a “secret” US mission to get tankers out via the Strait of Hormuz.
If true, and counting 40 days (all May and first 9 days of June) that would equate to ~2.5m b/d.
Even more evidence of sports gambling's harms: legalization reduces the share of working-age, non-college households that have enough to eat by 2.1 percent—implying a 10.5 percent reduction among active gamblers.
Guo, Peng, and Meyerhoefer use data from the Census Bureau's Household Pulse Survey, which collected data every two weeks on (among other things) households' food sufficiency.
Using these data, they compare 9 states where sports gambling was legalized in 2021–2023 to states where it was illegal in that period in a difference-in-difference design.
First, they show that legalization does increase gambling—Google searches and household spending on gambling both rise, by ~$50 per capita per month in the latter case. (That's a consistent finding, undermining the claim that legalization just cannibalizes the black market.)
Then they look at the actual effect on "food sufficiency," whether households have enough to eat. Indeed, there's a reduction, concentrated among non-college-educated, non-white, and households with adults aged 25-44.
Finally, they suggest the effect is driven by financial hardship: legalization causes an increase in the share of households saying it's hard to pay for "usual expenses."
This result is consistent with the ever-growing body of research showing that legalization yields economic harms, especially among the most precarious. And it adds yet another data source to that mix—this one at a remarkably high frequency.
https://t.co/zyDuYZ2GYU
Sports Podcasters: "The Brendan Sorsby situation is destroying the integrity of the sport AND while you're here use promocode DUMBFUCK to bet 5 dollars and win up to 200"
As the dust has settled it seems that Trump soft greenlit the Israeli attack on Iran and then further depleted US military interceptors to defend attacks on Israel
Update: US forces did fire interceptors in response to recent Iranian missile attack targeting Israel, per a US official, though it was not immediately clear if the attempted intercepts were successful.
US officials are still working to assess “who hit what” in the aftermath, the official said.
Despite Trump's protestations the truth is he just failed a major Iranian test for a future MOU: He just proved definitively that despite explicitly telling Israel NOT to strike Iran they did so anyways. The MOU is predicated on actual US ability to restrain Israeli action
Trump tells FT that Israel would have no choice but to accept whatever deal the US negotiates with Iran
"He won’t have any choice. I call the shots. I call all the shots. He [Netanyahu] doesn’t call the shots"
This remains the most important geopolitical story with no clear answer: Why is China importing 40% less oil than normal?
As a softpower gift to Asia? At the request of the US? To prove how energy independent they are? All answers are not great for the US
CHART OF THE DAY: Perhaps the most important story in global markets / geopolitics right now.
China's oil imports plunged to ~6.6m b/d in May, according to @Vortexa data, down ~38% vs 2025 average (or ~4m b/d).
I wrote this @Opinion column in early May: https://t.co/XK71uh81m1
We will soon celebrate the 250th anniversary of the Declaration of Independence. The Declaration was, in essence, a declaration of war against the most power military force on earth, the British Empire. The colonists knew that Britain would not tolerate such a declaration of independence, so war was certain to follow. The truth is the war had already begun. But the Declaration committed the colonies to join forces and unite against Britain. And every patriot who supported independence literally put their lives and property on the line. They did this despite the fact that they were the clear underdogs in the war and nothing short of a miracle would result in the revolutionaries winning the war. Every delegate who signed that document had signed their own death warrant.
Let us remember this when we listen to the debates about whether or not we should defeat the Iranian regime. All the arguments and even excuses against it -- despite 47-years of it killing and maiming thousands of our fellow countrymen, 47-years of lies and deceit, decades developing nuclear and missile technology to obliterate our nation, and a far more dangerous and diabolical ideological agenda than that of the British monarchy. Yet, George Washington and the brave founders of our country personally risked everything. Ultimately, the British forces surrendered. The Iranian regime will never surrender. And they will never abide by a deal, any more than they have abided by a ceasefire.
I am mindful that only some 35% of the colonists supported war with Britain. My view may similarly be a minority view today. I hope not. But if it is, so be it.
We will soon celebrate the 250th anniversary of the Declaration of Independence. The Declaration was, in essence, a declaration of war against the most power military force on earth, the British Empire. The colonists knew that Britain would not tolerate such a declaration of independence, so war was certain to follow. The truth is the war had already begun. But the Declaration committed the colonies to join forces and unite against Britain. And every patriot who supported independence literally put their lives and property on the line. They did this despite the fact that they were the clear underdogs in the war and nothing short of a miracle would result in the revolutionaries winning the war. Every delegate who signed that document had signed their own death warrant.
Let us remember this when we listen to the debates about whether or not we should defeat the Iranian regime. All the arguments and even excuses against it -- despite 47-years of it killing and maiming thousands of our fellow countrymen, 47-years of lies and deceit, decades developing nuclear and missile technology to obliterate our nation, and a far more dangerous and diabolical ideological agenda than that of the British monarchy. Yet, George Washington and the brave founders of our country personally risked everything. Ultimately, the British forces surrendered. The Iranian regime will never surrender. And they will never abide by a deal, any more than they have abided by a ceasefire.
I am mindful that only some 35% of the colonists supported war with Britain. My view may similarly be a minority view today. I hope not. But if it is, so be it.
$40 BILLION- the cumulative increased cost to American consumers filling with gasoline since the U.S. attack Iran on March 1. The peak 24 hour surcharge was $603 million added on May 20. Today added another $488 million to the tally.
Wearable culture is a direct backlash to watching elderly people with varicose veins, diabetes, and being so fat/weak they can't pick up their own grandkids while facing the risk of death from a slight fall
If wanting to be a healthy grandfather makes me cringe then so be it
Have a glass. Get some sleep. Stop tracking yourself. The millennial fixation with wearable devices and health optimization is pointless quackery. https://t.co/n2Zm0xWd1t
It is genuinely shocking to glimpse what the America of 1926 and 1876 were like: The level of reverence and knowledge the population down to the average schoolchild had for the American founding would shame a history professor today
I would have nodded at some stupid shit like this 10 years ago. Once I was even mad at a parent of a baby crying on a 16 hour flight
The universe heard me and 10 years later I was that parent. Wish I could go back in time and slap myself
No one wants a romantic dinner ruined by a screaming child at the next table.
According to a new survey, 75% of Americans say restaurants should offer some kind of adults-only dining experience to avoid unruly kids.
That includes child-free sections, restrictions during late-night hours, and quieter dining environments focused more on the experience than family-friendly chaos.