Extra, Extra
Under the Gun: It’s a good time to be in the weapons business. It’s not just that we’re depleting our arsenal in Iran. It’s also that our allies have realized they can no longer count on America. That makes it a bigly buyer’s market in the defense industry. WSJ (Gift Article): Europe Is Accelerating a NATO Fallback Plan in Case Trump Pulls Out. It’s also not a bad time to be in the oil business. Big oil reaping huge war windfall from consumers. And that includes Russia, where Oil Revenues Nearly Doubled in March.
+ Trading and Abetting: According to Bloomberg, US Probes Suspicious Oil Trades Made Before Trump Pivots. (Five bucks says this investigation gets dropped as soon as they find out some of the people making the trades…)
+ Big Ticket Case: “A jury in a high-stakes antitrust trial on Wednesday found that Live Nation and its subsidiary, Ticketmaster, illegally maintained monopoly power in the ticketing market.” (Knowing Live Nation, they’ll probably sell tickets to the appeal…)
+ Justice Just Isn’t: “The Justice Department moved Tuesday to wipe out the seditious conspiracy convictions of the leaders of the Proud Boys and Oath Keepers who were found guilty of organizing key aspects of the Jan. 6 attack on the Capitol.” (Meanwhile, another pardoned Jan. 6 rioter to admit guilt in child sexual abuse case.)
+ Without Reserve: As Trump threatened to fire Powell, federal prosecutors showed up unannounced at the Federal Reserve building.
+ The Tragical Mystery Tour: “While carrying out public business for his father-in-law, he has continued to pursue his private interests and declined to disclose any information about them.” The Atlantic (Gift Article): Jared Kushner’s Mysterious Role in the Trump Administration. (Ethics aside, what about qualifications?)
+ Manspleening: “After Dr. Shaknovsky removed the organ, ‘The staff looked at the readily identifiable liver on the table and were shocked when Dr. Shaknovsky told them that it was a spleen.'” This story is even crazier and more disturbing than its headline. Surgeon Who Removed Wrong Organ From Patient Is Charged in His Death.
