Great news from Russian financial media today.. 📉😂 Looks like the Russian Central Bank just discovered the "magic money printer" solution to fix their massive budget deficit. They just pumped nearly 5 trillion rubles (4,748 billion to be exact) into the banking system.
According to Bloomberg, they are basically printing money through repo loans so Russian banks can buy up the government's debt. To top it off, the Duma rushed a law through in just three days, allowing the government to blow past all spending limits and increase the national debt however they like. 💸🏃♂️
As economist Nikolaj Korzhevsky noted, this completely changes the game. Sure, printing money will cover their immediate bills for a little while, but it's going to trigger massive inflation. But hey, inflation is just a hidden tax on regular Russian citizens, so who cares right? Everything is going exactly according to plan! 🤷♂️ Peak Russian economics.
Source: Financial data reported by Bloomberg and Russian economic analysts (June 22, 2026) regarding the Central Bank's emergency monetary measures.
President Trump has gone from America First to Iran First.
He stopped the war early, got cornered when Iran closed the Strait of Hormuz, and cut a deal: a $300 billion bribe, unfrozen assets, and their oil profits back. Then he handed negotiations to a naive Vice President and guys who'd be better off buying you an office building in Alexandria.
deconfliction mechanism to manage war in lebanon has been set up.
includes iran, united states, qatar, pakistan and lebanon. doesn’t include israel, unclear how that’s going to work.
@maggieNYT@jonathanvswan 3. Reference to Haberman and Swan NYT piece drawn from their reporting for forthcoming book:
Frustrated by Courts, Trump Weighed Suspending a Constitutional Right
https://t.co/tGYXL7TvIR
Many lessons to be taken from this new searchable database including:
Todd Blanche's gross mismanagement of DOJ over this period.
Courts: presumption of regularity/government good faith simply gone.
Courts: increasingly sanctioning DOJ attorneys⬇️
2/ It was hugely controversial when Stephen Miller said the White House was considering suspending habeas corpus.
The White House backed off (@maggieNYT@jonathanvswan new book).
Now see what the administration has been doing, in effect.⬇️
link: https://t.co/wOlrveCrBj
To George and Laura, Bill and Hillary — we're grateful for your friendship, counsel, and devotion to this country. And to Joe and Jill, thank you for being on this journey with us.
CNN: What you think about the president formally signing the Iran deal at Versailles last night?
Moulton: It's an appropriate place to sign a surrender document. And it's too bad that the president is completely oblivious to history to understand the parallels there
Asked by a reporter whether he was confident Iran would give up its nuclear ambitions, John Kennedy, a Louisiana Republican senator, answered: “Unless you were homeschooled by a day drinker, no one’s confident that Iran is going to do anything.” @FT https://t.co/h6HqKW39N5
Ossoff on Trump calling him "Os(jerk!)off" -- "I didn't think it was his best work as far as nicknames go. But more to the point, he is increasingly unstable. And I think it flows the fact that he is globally humiliated from this failed war."
Community isn’t a smooth experience—it’s a shared one. And shared spaces come with friction: different habits, different timelines, different ways of doing things.
A lot of what we call “annoyance” is just the reality of people trying to live alongside each other without being identical. The question isn’t how to eliminate it, but how much we’re willing to tolerate in exchange for not living in isolation.
If you thought the new chair would simply echo the White House, today cut the other way.
The Fed's most powerful tool isn't interest rates. It's credibility.
A reminder of the deal the Omani mediator mentioned was about to be finalized between the U.S. and Iran, just before Trump started the war. This is from February:
It takes a special kind of strategic incompetence to achieve total military dominance and still pathetically lose a war, yet that is exactly what Donald Trump did in Iran.
The US and Israel ruled the skies, hitting almost every target with virtually zero resistance and few aircraft losses.
Even so, the entire operation failed because Trump is a loudmouth fraud who was never actually ready to commit.
Before the war started, I wrote that Iran's best move would be to just to try to somehow survive the first wave, and call Trump's bluff, and that is exactly what they did. They realized early on that Trump's tough-guy routine was entirely hollow.
Airstrikes alone rarely force an aggressive regime to collapse. Trump ignored every historian and military advisor, charging ahead with Israel without a clear objective.
This was not a typical asymmetric victory like Ukraine's resistance against Russia, where the smaller nation wins by inflicting severe costs on the occupier. Iran's military performance was miserable. Their air defenses were a joke, and their retaliatory strikes achieved almost nothing.
They won the war of wits because survival was existential for them, while for Trump, it was a political stunt. They correctly gambled that the US had no stomach for a prolonged ground invasion.
They just had to absorb the hits and choke off global oil supplies in the Strait of Hormuz. Both sides held back some of their biggest moves, since Washington kept ground troops out of the fight and Tehran chose not to make the Houthis completely seal off Bab el Mandeb.
I have absolutely zero sympathy for the horrific Iranian regime. Trump deeply betrayed the people of Iran by waiting until their domestic uprisings were brutally crushed before launching his badly prepared operation.
He talked big and made sweeping demands, yet everyone knew he lacked the resolve to follow through. The upcoming peace deal will inevitably be far worse than the JCPOA he originally tore down.
This war exposed the hard limits of Trump's posturing. When an adversary stood their ground and called his bluff, the entire might of the US armed forces could not cover up his cowardice and stupidity
🔥 @cthagod on Josh Hokit attacking Michelle: “All you do when you bring the Obamas up is remind people what is currently missing from the White House. The Obamas set a standard for decency & class & poise & intelligence... Now that bar is in hell.”
(H/T @MarcoFoster_)
Will be interesting to see if White House comes to regret its claims that @maggieNYT and @jonathanvswan have Situation Room tape recordings. I mean it will be kind of hard to claim “fake news” if you concede that the reporters have verbatim recordings of what was said.
Hey @Jim_Jordan and @freedomcaucus just checking in to see if the same idea applies? You wanted to see the side car agreement from Obama and opposed the money he gave Iran. How is that today?