So Lori Chavez-Deremer at the Department of Labor had a good long lie-in past NOON today and didn't get the initial claims numbers to FRED until 4:16PM EDT

 These numbers are routinely updated not long after the 8:30am press release in previous administrations.

 

 

Drudge is running propaganda for the Chicom bond market now

 

Chinese govt bonds emerge as lone haven...

 

https://en.people.cn/n3/2026/0327/c90000-20440521.html

... "By allocating to RMB bonds, foreign investors can reduce portfolio volatility and improve risk-adjusted returns." ... "In the face of frequent geopolitical risks, the safe-haven role of RMB bonds has emerged," Yu said, adding that as the RMB internationalization progresses, demand for RMB assets as reserves is growing, and this is expected to support the growth of RMB bonds holdings by central banks and sovereign wealth funds.                                                                                        

LOL, what a crock.

Foreign investors own less than $1 trillion of Chinese debt, compared with over $9 trillion of U.S. debt.

... [U.S.] Treasuries are relied upon by global central banks as the pre-eminent reserve asset, since the $30tn market for the securities is the biggest and deepest in the world. ...

More. 

 

Trump fires another woman

 

Trump fires Attorney General Pam Bondi

... “Pam Bondi is a Great American Patriot and a loyal friend, who faithfully served as my Attorney General over the past year,” Trump wrote on Truth Social.

“Pam did a tremendous job overseeing a massive crackdown in Crime across our Country, with Murders plummeting to their lowest level since 1900,” the president wrote.

“We love Pam, and she will be transitioning to a much needed and important new job in the private sector, to be announced at a date in the near future,” Trump said.

Bondi, in a statement on X, said, “Over the next month I will be working tirelessly to transition the office of Attorney General to the amazing Todd Blanche before moving to an important private sector role I am thrilled about, and where I will continue fighting for President Trump and this Administration.” ...

Rep. Thomas Massie, a Kentucky Republican whose bill mandating that the DOJ release all files related to Epstein became law in late 2025, said in an X post, “I support Trump firing Pam Bondi. Do you?”

“I hope the next AG will release all the Epstein files according to the law and follow up with investigations, prosecutions, and arrests,” Massie said. ...

 

Some foreign holders of U.S. Treasury securities are selling them to buy oil, which is denominated in DOLLARS, not in yuan

 Thank you for your attention to this matter.

DXY: 99.893 

Foreign central banks sell US Treasuries in wake of Iran war

 

Polls: Support for Military Operation Drops Below 40% in RCP Average

 

"The 14th Amendment was never that great"

 

War for Peace!

 

Trump Touts the Successes of His War for Peace

Roger Kimball, Spectator World

She's so . . . u n u s u a l

 Sotomayor: Do You Want to 'Unnaturalize People?'

... Sauer replied, “No, we believe the court should do what it did in Sessions v. Morales-Santana, where there was a ruling that would have deprived people who are already citizens of citizenship, and the court said this applies prospectively only. We think that’s the appropriate course here. ..."

 

This is so great

 

Drudge version:

RUBIO MAY NEED TO SURRENDER PASSPORT; Neither parent was citizen at time of his birth...

 

Actual version:

 

Trump’s Own Cabinet Would Have Been Harmed by Birthright Citizenship Move

... Rubio, who was born to Cuban parents who were not American citizens at the time of his birth ...

 

 

The Newsweek story simply omits the crux interpretum involved in "and subject to" in the 14th Amendment.

Rubio's parents were subject to the jurisdiction of Cuba, and therefore so was he, making none of them citizens.

Same was true of Native Americans, none of whom were made citizens by the 14th Amendment. They were subject to The Nations, which the federal government recognized by treaties as nations within the American nation. Native Americans received citizenship by law passed in 1924.  

14th Amendment:

All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens ...                                               

It is high time that "and subject to the jurisdiction thereof" be treated seriously and not superfluously.  

 

Is NATO allowed to use U.S. bases within the United States, say, to help Ukraine against Russia?

 Rubio: Why Are We In NATO When They Won't Allow U.S. To Use Their Bases?

Peter Morici doesn't get it that Tehran already threatens the global order, without nuclear weapons, because it already decides who may safely pass through the Strait of Hormuz

 

 ... With nuclear weapons in hand, Iran could threaten the global order with impunity. ... Tehran would recover, build atomic weapons, decide who may pass safely through the Strait of Hormuz, and slowly strangle the global economy by demanding tribute for access to precious Gulf oil and LNG.

Very odd essay.

Here. 

Some Golden Age: The 10-year trend for percent change for ADP private payrolls is down

 

Trump keeps calling Iran's leadership "new" as if that means there's been real change when the current president assumed office in July 2024 lol

 Trump says Iran’s president asked for ceasefire, but U.S. wants Hormuz Strait open first

President Donald Trump on Wednesday said Iran’s “New Regime President” has asked the U.S. for a ceasefire. ...

A broken clock is right twice a day

 Trump calls U.S. ‘STUPID’ for birthright citizenship after attending Supreme Court arguments

The U.S. has military bases in all Persian Gulf countries except Iran, from which Trump has launched attacks on Iran which will have the effect of bankrupting those countries

 There is something deeply insane about all this.

Only Saudi Arabia and the UAE have pipelines which can by-pass the Strait of Hormuz and replace a part of the lost export capacity. Production will have to be curtailed because there's nowhere to go with it. And everyone in the world will be poorer for it.

 

 

Massive oil shortages incoming, tanker traffic down 90% in March through the Strait of Hormuz

 

In other words, this would mean Trump is going to cut and run from the Persian Gulf just like he cut and ran from the Red Sea on May 6, 2025

 Trump Tells Aides He’s Willing to End War Without Reopening Hormuz: Administration officials assess that forcing the waterway back open would mean extending the military mission

WASHINGTON—President Trump told aides he’s willing to end the U.S. military campaign against Iran even if the Strait of Hormuz remains largely closed, administration officials said, likely extending Tehran’s firm grip on the waterway and leaving a complex operation to reopen it for a later date.

In recent days, Trump and his aides assessed that a mission to pry open the chokepoint would push the conflict beyond his timeline of four to six weeks. He decided that the U.S. should achieve its main goals of hobbling Iran’s navy and its missile stocks and wind down current hostilities while pressuring Tehran diplomatically to resume the free flow of trade. If that fails, Washington would press allies in Europe and the Gulf to take the lead on reopening the strait, the officials said. ...

 

It's embarrassing to have a whiny little baby for president demonstrating everyday that he's not up to the job of being the leader of the free world

 Trump lashes out at UK and France, telling allies ‘the U.S.A. won’t be there to help you anymore’

... “You’ll have to start learning how to fight for yourself, the U.S.A. won’t be there to help you anymore, just like you weren’t there for us. Iran has been, essentially, decimated. The hard part is done. Go get your own oil!,” he concluded. ... For its part, Tehran continues to demonstrate its ability to dominate and derail maritime traffic in the strait, hitting a fully laden Kuwaiti oil tanker in the anchorage area of Dubai’s port earlier Tuesday. 

J. D. Vance: Republicans have to break the Senate filibuster and destroy the country in order to save it

Remember when W said to CNN's Candy Crowley in December 2008 that he had abandoned free market principles in order to save the free market system?

We got Obama, a foreclosure crisis for six million, banks failed by the hundreds, and jobs didn't recover for six years and five months.

Why is it always the Republicans with these paraprosdokians?  

 

Trump says "we will conclude our lovely ‘stay’ in Iran by blowing up and completely obliterating all of their Electric Generating Plants, Oil Wells and Kharg Island (and possibly all desalinization plants!)"

 Trump says U.S. will destroy Iran’s oil wells, Kharg Island without deal to ‘immediately’ reopen Hormuz Strait

He thinks this is a bargaining chip instead of a requirement.