Jamie Dimon claims crypto companies that offer interest-bearing products should be subject to same capital and compliance requirements imposed on banks. That's nonsense. Banks are FDIC insured and make risky loans under a fractional reserve system. Stable coin issuers don't.
🚨🇺🇸The Senate just killed the SAVE Act, 48-50.
Voter ID and proof of citizenship, supported by over 80% of Americans, dead.
Four Republicans voted no: Tillis, Murkowski, McConnell, Collins.
The uniparty showed its face today...
@martnuge@Oct7NeverForget Yeah right. I’ve seen enough of Ukrainian drones hunting Russian conscripts from the comfort of my sofa. What do Russian soldiers on the battlefield actually know? No man wants to lay down his life, in a losing war, for the ego of a 2 bit, Stalin wannabe dictator. Believeable!
@ThomasSowell I love that this kind lady spews ad hominem attacks and acts like she wants a lovely conversation. We want to protect pedophiles, greedy, racist. No explanation why she thinks these things. Just juvenile name calling and the seething anger of a limited intellect.
@ByronYork It seems simple to me. Bomb Karg Island and grind there economy to a halt. Park a satellite over the nuclear dust and kill anyone that gets within 10k of site. Offer to help rebuild once Iranian people depose this murderous regime!
🚨 NOW: EVERY SINGLE DEMOCRAT state Attorney General has REFUSED to show up for JD Vance's anti-fraud roundtable at the White House
Republicans showed up, but Vance specifically sent out an olive branch and invited Dems.
THEY SAID NO.
They're pro-fraud.
Nearly 2 dozen Democrat AGs cited time constraints as the reason they can't show up. Yeah, sure.
Democrats = PARTY OF FRAUD
I am deeply concerned about what we are hearing about an Iran “deal,” being pushed by some voices in the administration.
President Trump’s decision to strike Iran was the most consequential decision of his second term. He was right to do so, and we achieved extraordinary military results—including destroying all of their missiles & drones and sinking their entire navy.
If the result of all that is to be an Iranian regime—still run by Islamists who chant “death to America”—now receiving billions of dollars, being able to enrich uranium & develop nuclear weapons, and having effective control over the Strait of Hormuz, then that outcome would be a disastrous mistake.
The details are still coming out—and I pray the early reports are wrong—but the fact that Biden’s Rob Malley is praising the deal is not encouraging.
President Trump believes in peace through strength, and his strong leadership has already made America much safer. He should continue to hold the line, defend America & enforce the red lines he has repeatedly drawn.
If a deal is struck to end the Iranian conflict because it is believed that the Strait of Hormuz cannot be protected from Iranian terrorism and Iran still possesses the capability to destroy major Gulf oil infrastructure, then Iran will be perceived as being a dominate force requiring a diplomatic solution.
This combination of Iran being perceived as having the ability to terrorize the Strait in perpetuity and the ability the inflict massive damage to Gulf oil infrastructure is a major shift of the balance of power in the region and over time will be a nightmare for Israel.
Also, it makes one wonder why the war started to begin with if these perceptions are accurate. I personally am a skeptic of the idea that Iran cannot be denied the ability to terrorize the Strait and the region cannot protect itself against Iranian military capability.
It is important we get this right.
I just had the craziest experience at the airport.
We are about to board a flight to Atlanta when the pilot from the incoming plane walks out of the jetway. Guy is probably late 50s, salt and pepper hair, military look. The kind of pilot you instantly feel good about seeing on your flight.
Pilot walks over to the counter, gets on the PA system, and starts addressing everyone. “Folks, I’ve been doing this a long time. Flying one of these jets is easy. The hard part is looking at 130 people and telling them their flight is going to be delayed.”
Audible groans throughout the boarding gate. Most people here are flying to Atlanta as a layover before another flight. 130 people just had their day become a complete mess.
The pilot goes on. “I get it, trust me. But here’s the deal: During our landing, we had a small mechanical issue. I’m not your pilot for the next leg, but I don’t feel confident the jet’s safe to fly until we have a mechanical team look it over, and I don’t feel comfortable asking the next pilots to fly you guys until we get confirmation.”
He points at the agents next to him behind the counter: “Now, none of this is the agents’ fault. Please be kind to them. I’m the one who made this decision, not them, so any inconvenience you experience is my fault. Just please know that I don’t do this lightly, and I’m only doing it because I believe it’s in the best interests of everyone’s safety.”
Now this is where the story gets crazy. The pilot puts the microphone down, grabs his suitcase, and all the people in the gate…
Start clapping.
I’m not joking, everyone starts clapping for the guy. 130 people who just had their travel plans ruined give an ovation to the guy who made the decision and delivered the message.
All because he addressed them with decency and transparency, took ownership of the decision, made it clear that it was necessary, and explained why it was in everyone’s best interest.
It’s honestly one of the best examples of strong communication—of strong leadership, for that matter—that I’ve seen in a long time.
@Delta, whoever your Atlanta to Wichita pilot was this morning, he’s one of the good ones. Please tell him the delayed passengers of flight 1637 appreciate what he did.
@SouthwestAir ticket from NOLA-Denver-Bozeman. Got text that we were changed to Vegas-Bozeman arriving 2hours later. Talked to agent who changed us back and gave paper tickets. Tried to board and told we were changed back to Vegas-Bozeman. Here at 1am with rental car closed. Shit
Spirit Airlines died tonight at the hands of the socialist crusader, Elizabeth Warren
She must be so proud to add another casket to her achievements.
Tonight at 3am, Spirit turns off the lights. 14,000 jobs gone. 30+ smaller airports lose service.
JetBlue offered $3.8 BILLION in cash to buy Spirit in 2022. Shareholders, flight attendants union, literally everyone voted yes.
The combined company would have held 9% of the US market against a Big 4 that already owned 80%.
For anyone who understands numbers: 9% isn’t a monopoly against 80%.
Warren said no.
She wrote letters. She pressured Buttigieg. Biden’s DOJ sued. A federal judge killed the deal in January 2024.
Her argument: the merger would cost consumers $1 billion a year.
Now look at her collateral damage she dusts under the rug.
510 pilots gone in the months after. 1,800 flight attendants furloughed in December.
14,000 jobs in 2023. 7,500 last week. Zero tonight.
And that’s just the people in Spirit uniforms.
Catering goes. Fuel guys go. Baggage crews, gate agents, airport coffee shops, hotels and rental cars in 70 cities Spirit flew to. Every airline job carries 3 more on its back.
40,000 people out of work because of one woman’s moronic crusade against the market.
And the math ain’t mathing.
Spirit abandoned 90 routes during the death spiral. Fares on those routes are up 14% on average. Oakland to Newark: $135 to $288. Fort Myers to San Juan: $92 to $219. Kansas City to Newark up 66%.
That’s reality. Not some BS number from a “study.”
So @SenWarren tell me how this saves the consumer money?
Cheap carriers in a market drop fares 21% across the board. Southwest did this in the 90s and saved Americans $68 BILLION over 20 years.
Warren killed it. That’s what moronic politicians led by socialism do.
Then with her own blind arrogance, she tweeted Spirit’s collapse is “a Biden win for flyers.”
A win.
14,000 people are reading termination letters tonight.
And she’s taking credit.
This is socialism in 2026.
A senator who’s never made payroll thinks she knows how to run a market better than the people who own and work in the company.
She saved you a billion on imaginary paper.
She cost you ten times that in real life.
She didn’t protect consumers from anything.
14,000+ will go from working to welfare.
She will make sure to blame billionaires, hardworking tax payers, AI, capitalism and whatever monster they will make up tomorrow hiding under your bed.
Higher taxes. Fewer jobs. More expensive everything.
She called it a win. I hope you enjoy winning.
@DAVIDHALBRIGHT1 I’m sure we have a satellite parked over the buried enriched uranium. The moment a backhoe pulls up, a missile strike would serve as a huge deterrent.
JUST IN: Iran just pulled a thirty-year-old empty supertanker out of retirement and began towing it toward Kharg Island. She is moving so slowly that a voyage that should take a day and a half is taking four days.
Her name is NASHA. IMO 9079107. Built 1996. A two-million-barrel very large crude carrier that has been anchored empty off Kharg for years. TankerTrackers confirmed her reactivation yesterday. Gulf News, Iran International, and Fox News all picked it up within hours.
The reason she is moving at all is that Iran is running out of places to put the oil.
Kharg Island handles roughly ninety percent of Iran’s crude exports. Its onshore tanks had about thirteen million barrels of spare capacity when the US blockade began on April 13. Net inflow since has been running at one million to one point one million barrels per day because exports have collapsed to single digits of vessels while upstream production continues. The math is mechanical. Roughly twelve days of spare capacity. The calendar says that window closes this week.
NASHA is not a strategy. NASHA is what you do when you have run out of strategy.
A two-million-barrel floating storage vessel buys Iran approximately forty-eight hours of continued upstream production. After that, either the wells get shut in or the crude goes somewhere else. The parallel options being pursued, ship-to-ship transfers in the Riau Archipelago, AIS-dark transits, sanctioned VLCCs returning home through the blockade line, are not enough. Lloyd’s List Intelligence has tracked roughly twenty-six Iran-linked vessels evading since April 13. That cannot absorb a million barrels a day.
The wells will shut in. The question is which wells, for how long, and whether they come back.
The Asmari and Bangestan carbonate formations that sit under most of Iran’s giant southern fields are high-permeability, strong-water-drive systems. The Society of Petroleum Engineers literature on this specific reservoir class is unambiguous. Remove continuous pressure support for a prolonged shut-in and four damage mechanisms activate simultaneously: water coning upward through the fracture network, fines migration into pore throats, formation compaction under increased effective stress, and clay swelling under altered salinity and pH. The damage is not theoretical. It is documented. And it is measured in months to years of recoverable production capacity, not days.
Maleki and Gordon estimate three hundred to five hundred thousand barrels per day of permanent capacity loss if the current shut-in trajectory completes. That is a directional estimate, not a lab measurement, but the direction is not in dispute.
NASHA is the archaeological signature of the clock.
When a country with the world’s third-largest oil reserves reactivates a thirty-year-old retired tanker to float on top of its main export terminal and buy forty-eight hours of time, the institutional systems designed to absorb shocks have already failed. The insurance market, the shadow fleet, the diplomatic channels, and the reservoir physics are all converging on the same conclusion at different speeds, and NASHA is the one that shows up on satellite.
The market is pricing a ceasefire.
The Pentagon is pricing six months of mine clearance.
Iran just pulled a corpse out of the Persian Gulf and asked it to buy two days.
That is not how a reversible crisis looks. That is how a regime tells you, operationally, that it has run out of options between the blockade and the shut-in. The reservoir does not negotiate.
https://t.co/vLQh7ydMdk
Elizabeth Warren caught on camera getting off a luxury private jet!
Notice how she is trying to hide behind her assistant…
While living in extreme luxury, she is attempting to block a 401(k) expansion plan designed to help young families build wealth! Do you understand now?