President Trump wants The Fed to flood the economy with (even more) credit. The so-called "independent" Fed has indicated that it's going to comply. A bigger bubble means an even bigger bust must occur at some point. Central planning is right on course to where it always ends up -- an economic abyss!

Yesterday CNN was the sole source of an article accusing Iran's Revolutionary Guard of trying to seize a UK tanker in the Persian Gulf. Though CNN claimed there was video of the attempt, none has surfaced. Iran strongly denies any such attempt. Is this another psy-op to drum up support for a US attack on Iran? Bonus topic: A new Pew Poll shows that US military members do not believe recent wars have been "worth it." Maybe we should listen to them.

President Trump has threatened to veto the National Defense Authorization Act (NDAA) for 2020 if Congress adopts the House version of the bill, which increases military spending by $16 billion but does not come close to the $33 billion increase the Administration demands. When it comes to military spending...how much is enough?