Friday, November 6, 2026

How Did Paraguay’s Fastest Growing Bank Become the Country’s Worst Nightmare?

The fallout of Ueno Bank’s collapse has quickly spread across the economy, leading to the collapse of Paraguay’s government and the arrest of eight bank executives

Iran War: Will AI Rout, Report of Rubio Exit, End of Netanyahu Reign, Likely Hegseth Impeachment, Halt Plans to Hit Iran Over Weekend?

Today’s Iran war news: Trump is bleeding out power, but will he still proceed with his big beautiful attack on Iran to shore up his manhood?

‘Time for Some Accountability’: Advocate Says Democrats Must Subpoena Corporate Price-Gougers

Will a push to rein in algo-driven individual corporate price gouging get Congressional support and legal restrictions?

The Decline of Politics, Lawfare and the Coming Technocratic Government

Driven by zero-sum conflict and legal overreach, the decline of politics threatens to replace representative democracy with technocracy.

Easy Money Does Not Win Elections

Why politicians’ complaints that central banks are hurting them by not lowering the cost of money are nearly always wrong.

Links 11/5/2026

Iran War: Trump Freezes as Israel and AIPAC Assess Damage, Vance Admits Iran War as Key to Epic Defeat; White House Clip Touting Trump Defiance Includes “Wolf of Wall Street” Fraudster

Today’s Iran war news: A chastened Trump has held back on his Iran strike plans. But is he relenting or just regrouping?

Satyajit Das: Golden Mythologies

Why gold does not necessarily glitter as an investment.

How China Accidentally Broke the West’s Monopoly Over the Weapons Trade

Not surprisingly,. given how overpriced and fussy US weapons are, China is moving in.

Coffee Break: Armed Madhouse – The Wordsmiths of War

An influential network of think tanks, strategic analysts, and media commentators supplies the language and narratives that legitimize military power. The conflicts in Iraq, Afghanistan, Ukraine, and Iran illustrate how sophisticated strategic advocacy can perpetuate ill-advised wars.

Short Supplies of Large Power Transformers Stymie Changes to US Electricity Grid

An explanation of why large electrical transformers have become a chokepoint in grid upgrades and expansion, crimping data center plans.

Links 11/4/2026

Hannah Arendt on the Power of Friendship in a Broken World

We have previously discussed Hannah Arendt (1906-1975) in Hannah Arendt, Isaiah Berlin and the Tenor of Our Time.  Agree with her or not, she is always a good teacher, and at all times we must choose our teachers carefully.  I started reading her work shortly after her death and have kept at it ever since.  […]

Midterms Deliver Epic Trump Rebuke. So What Might Come Next?

Trump has taken a very public beating. Will Team Dem show a bit more respect for the will of voters than usual?

Democrats in House Poised to Investigate the Trump Administration

Democrats have been rumbling that they will investigate Trump and his cronies. Will they go ahead or become the dog that caught the car?