Oil: once reserves run low, some countries will lose access, and bid higher, this will force the price up for everyone; after that some countries will deny export (US), which will make the price go up even faster. This can happen fairly quickly, but unevenly. In the end only demand loss can solve.

The problems we're seeing with California's open primary could perhaps be solved by ranked choice voting. But RCV has it's drawbacks, too. I wrote here about all the voting methods, and which ones' outcomes best reflect voters' desires.

Trump has not been seen in public for a week. Maybe we are already deep into Weekend At Donnies.

Two aging dictators cannot figure out how to get out from under a war they started and cannot conclude.

Delaney should be renamed Dachau. That's what it is.

We apparently attack Iran again today for some reason. Clearly there is no deal.

A capitalist take (from this Wharton grad) on "Magnifica Humanitas." Pope Leo XIV’s superb new encyclical is the most cogent Catholic critique of capitalism that I have ever read. www.americamagazine.org/faith-and-re...

Ya'll. I am shook. In a good way. Pope Leo XIV makes historic apology for Holy See's own role in legitimizing Slavery

It's clear everything is agreed with Iran, except the things that matter, Uranium and Hormuz.

Supposedly Trump agreed to give up everything to Iran to stop the problem. No confirmation yet, however. If so, he needs to put a scarlet L on his forehead.

I highly doubt any real deal with Iran will happen. Trump hates being labelled a loser, and the US has no way to get the uranium or open the Strait permanently, and Iran is smart enough to know both are keys to their future, and that Trump has no way to get them.

Trump is apparently staying at the White House this weekend. Not going to the Bahamas or playing golf. I wonder what might happen Saturday...

Food. It's what's missing for dinner. www.agweb.com/news/usda-pr...

This should be in every Democratic ad in the midterms for every candidate running for every office. bsky.app/profile/acyn...

Ah, the Cobra effect in action. (Get paid for dead Cobras, raise more cobras to get more money for more dead ones). arstechnica.com/ai/2026/05/a...

The current Federal Debt in the US is: 38,900,000,000,000 (38 trillion, 900 billion) Your descendants will pay for all those zeros.

"those who make peaceful revolution impossible, make violent revolution inevitable." - JFK

The Klan shall rise again and be called the Republican Party.

Today I learned the word "Buffalant". conservationtravelafrica.org/blog/elephan...

"John G. Roberts" is the new "Jim Crow".

Oil futures nearing $107. The longer the blockage continues, the more pressure on crude prices ramp up. If the war restarts, lost supply might never return, and the price may climb to crazy heights. Fear of economic disaster will give way to actual economic disaster.

Here's @pkrugman.bsky.social explaining why the Iran situation could soon get much worse for Trump: newrepublic.com/article/2096...

ht: @jeromejgarcia.bsky.social

Nothing is normal in this country any more...

So they will continue the dinner like nothing happened? So nothing happened?

WHCA dinner shots, real, fake, mistaken backfire, fart into microphone? I supposed we will find out eventually.

Well at least you can say no reporter had to embarrass themselves at the dinner.

What is happening at the Correspondent dinner? CSPAN is showing some kind of problem.

Looks like bluesky's CDN is failing, so many images are not showing up.

The war is over! Hmm...

Oil back to $80. Market going up. Everything is fine, nothing to see, move along... Hopium is on fire. The war is not a solved problem. Problems in the economy are not gone. Iran is not a defeated nation.

I reiterate my position that Trump will be dead, incapacitated, or removed by the end of this year. No way he is still functioning as President by next year.

Does anyone have WW3 on their 2026 bingo card? Blockading the strait would involve stopping Chinese ships.

Trump and his cronies in the Cabinet are living in a fantasy world where they are the heroes, while everyone else sees they are a nightmare where they are the villains. Future historians will laugh at how stupid this timeline is; that is, if we survive so that there are future historians.

Oil back to $100 again, not surprising, given that Iran still has control over Hormuz, and is still chucking missiles about. Time for a new taco?

I bet some oil trades were put in right before Trump gave in.

Trump gave in to Iran, oil now at $96. Still a little fear there that it might unravel. Also, Iran will now charge $2M for each ship, which will add some cost to things.

Oil is at $114.50 Monday evening. Looks like the fear is growing. Gas going to hit $5 nationally soon if this continues.

Hard to image than Lebron James was already an established star in the NBA before Cooper Flagg was even born.

Tis but a scratch.

Oil futures now priced at 101 Dalmatians. Or rather dollars.

If the Senators go home without a deal, the airports in DC should deny them CLEAR or PreCheck, make them stand in the long lines, and stick a note on their back reading "US Senator forcing you to stand in this line".

Good luck, Europe. en.defence-ua.com/news/with_40...

In the US we are all immigrants or descended from immigrants, even those who were here first. Demonizing immigrants is demonizing ourselves.

"Now the general who wins a battle makes many calculations in his temple ere the battle is fought. The general who loses a battle makes but few calcula- tions beforehand. Thus do many calculations lead to victory, and few calculations to defeat: how much more no calculation at all! - Sun Tzu.

Time to start a new wall for the new war. Better make it big. This one's full.