@dessamo.bsky.social

the UAE's threat wasn't subtle (give us swap lines or we're going to Beijing) but hassett is dodging here ("should that be necessary") and between this and the Abdulkhaleq post the other day I have to wonder if there was a massive rupture between the US and UAE at the end of last week

Aaron Rupar@atrupar.com · 4mo ago

Hassett on a bailout for the UAE: "The UAE has been an incredibly valuable ally throughout this effort, and I'm sure the Treasury Secretary will make every effort to help them out should that be necessary"

Remember Joe Biden? The guy who didn't rip civilization to shreds? Anyway he had a pretty good economic program of full employment and industrial rebuilding. But he tore down America's best-ever welfare state at a time of high inflation. And it cost him. @ryanlcooper.com has a retrospective:

A Retrospective on Bidenomics - The American Prospect

Joe Biden listened to the left on full employment. But the lasting effects were wanting, and the politics were brutal.

prospect.org

Hello, Gaius Cassius Longinus here. I have a favor to ask you. Julius Caesar has DECLARED himself DICTATOR FOR LIFE! I need you to send a denarius to Save The Republic PAC RIGHT NOW so we can stop Caesar from making himself a king.

$2bn/day, with $2.8bn/day in munitions alone over the first two days. I tend to think of myself as a Large Number Scale Understander but this is just mind-boggling amounts of money.


<Back> to Return
Previous  Next  Send    Actions    Translate                                                       News: News Story
101)	 	 	*PENTAGON OFFICIALS MET WITH LAWMAKERS ON IRAN ON TUESDAY: NYT	 	BFW	16:35	 	 
102)	 	 	*NYT CITES 3 PEOPLE FAMILIAR WITH CONGRESSIONAL BRIEFING ON IRAN	 	BFW	16:33	 	 
103)	 	 	*PENTAGON SAYS IRAN WAR COST MORE THAN $11B IN FIRST WEEK: NYT	 	BFW	16:33	 	 
 03/11/2026 16:31:40[NYT] 
Billion
 By Catie Edmondson

 (New York Times) -- In a Capitol Hill briefing, officials gave their most
 comprehensive assessment of the cost of the first six days of the war, but the
 number omitted several aspects of the operation.
 Pentagon officials told lawmakers in a closed-door briefing on Capitol Hill on
 Tuesday that they estimated the cost of the war against Iran had exceeded
 $11.3 billion in the first six days alone, according to three people familiar with
 the briefing.
 The estimate did not include many of the costs associated with the operation,
 such as the buildup of military hardware and personnel ahead of the first
 strikes. For that reason, lawmakers expect the number to grow considerably as
 the Pentagon continues to calculate the costs that accumulated just in the first
 week.
 Still, it appeared to be the most comprehensive assessment Congress had
 received so far amid mounting questions about the objectives, scope and time
 frame for the war. The New York Times and The Washington Post reported
 earlier that defense officials had said in recent congressional briefings that the
 military used up $5.6 billion of munitions in the first two days of the war.
 That is a far larger amount and munitions burn rate than had been publicly
 disclosed. The Center for Strategic and International Studies had estimated that
 the first 100 hours of the operation cost $3.7 billion, or $891.4 million each
 day.
 The first wave of the bombardment used weapons including the AGM-154 glide
 bomb, which can cost from $578,000 to $836,000. The Navy …

this is wrong. Markets immediately responded to 24th January 2020 China lockdown news. Commodity markets are HIGHLY attentive to anything in the world economy that disrupts demand & supply. Equity markets did not as they thought pandemic would be contained to China & only freaked out in Feb-Mar 20

News Eye@newseye.bsky.social · 5mo ago

Spent some time today trying to fathom why the markets don’t seem to care about an unfolding catastrophe. Then I remembered it took them 6 weeks to realise there was a global pandemic, even with wall to wall footage of dead bodies around the world.

An apocalyptic view of Tehran with an orange glow and thick black smoke rising on the skyline from a bombed oil refinery

You cannot tell voters (accurately) this is a fascist regime that is hell bent on destroying us - let alone rely on it (as Dems are) as your GOTV while also voting yourselves to enable the regime.

Jonathan Cohn @jonathancohn.bsky.social · 5mo ago

18 Senate Dems just voted to confirm Trump's NSA director: Baldwin Coons Cortez Masto Fetterman Gillibrand Hassan Heinrich Hirono Kelly King Peters Reed Rosen Schiff Shaheen Slotkin Warner Whitehouse

It's not some tactical maneuver, it's not secret negotiations to extract concessions, it's not because they conclude some nominee is actually pretty reasonable and qualified. They do it because they literally don't care and aren't even paying attention, and have been taught this is thing you do.

64/ Yes, losing Gulf Kings now a risk. “They can hardly believe US impotence at protecting oil installations & shipping, & the US inability..to rapidly refresh their dwindling stocks of interceptors. There's a profound sense that US military bases have become a source of threat rather than security"

Bild

51/ Listening to US & Israel hawks paraded on CNN etc saying this if you read between lines " If Iran hits back we must escalate bc they're strong. If Iran doesn't hit back, we must finish the job bc they're weak. The only constant is more bombs,more killing,more $ on their forever war"- Ben Rhodes

Threading some stuff about oil & oil markets, just basic but hope it helps: 1/ oil markets are what you call “finely balanced”. Supply is usually very very close to demand/consumption. Demand is hard to shift *quickly* in response to supply hiccups. So even small supply changes = big price effects