Politics

In what may be the most bizarre news of the day, Bloomberg reports that Saudi Arabia and the United Arab Emirates were "close to taking military action in the early stages of their ongoing dispute with Qatar", until Donald Trump called the leaders of both countries and warned them to back off; in other words, Trump's intervention prevented yet another gulf war, which if true will make the U.S. Millitary-Industrial complex very unhappy as Trump's peace effort likely cost US offense defense companies tens of billions in lost profits.

In a week in which the MIC already scored big with Monday's sale of Orbital, today it was the NRA's turn to rejoice, when gun stocks soared on a Reuters report that the Trump administration was preparing "to make it easier for American gun makers to sell small arms, assault rifles and ammunition" to foreign buyers. The stocks of Ruger, Smith & Wesson and American Outdoor brands have all soared by as much as 18% on the news.

Just when you thought the 'Russian collusion' narrative couldn't get any more surreal, 3 House democrats decide to write a letter to the FCC which can only be described as 'criminally stupid' and even that seems generous.

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Trump’s UN Speech

Paul Craig Roberts

I listened to part of Trump’s UN speech this morning. I was so embarrassed for him and for my country that I had to turn it off.

President Donald Trump will deliver his first address to the United Nations General Assembly Tuesday at 10 am. His remarks will be streamed on the UN's live feed, available below...