"It becomes clearer with each passing day that the people who took us to war with Iran had and have no idea what they’re doing — that they’re adolescents who think they’re playing video games while thousands die and the world careens toward economic crisis. The New York Times reports that Trump officials dismissed warnings that attacking Iran could disrupt world oil supplies."

~ Paul Krugman

#Trump #Iran #war #economy #EconomicElites #oligarchy #oil #gas
/1

https://paulkrugman.substack.com/p/the-billionaires-war

The Billionaires’ War

The ultrawealthy put Trump in power but other people will pay the price

Paul Krugman

"If you want to understand how this country has degenerated to such a state, how we can be spending nearly $2 billion a day attacking Iran without a clear endgame in sight, while children go without healthcare, nursing homes are understaffed because their workers have been deported, home electricity bills skyrocket due to data centers, consider who benefits and who isn’t hurt."

#Trump #Iran #war #economy #EconomicElites #oligarchy #oil #gas
/2

"This is a billionaire’s war, waged at everyone else’s expense."

#Trump #Iran #war #economy #EconomicElites #oligarchy #oil #gas
/3

"If the road to Tehran required the sons and daughters of the billionaire & political class to march beside everyone else’s kids, would we still be there?"

~ Thom Hartmann

#Trump #Iran #war #economy #EconomicElites #oligarchy #oil #gas
/4

https://hartmannreport.com/p/what-if-every-billionaires-and-senators-b21

What If Every Billionaire's and Senator’s Kid Could Be Sent to Fight in Iran?

If the road to Tehran required the sons and daughters of the billionaire & political class to march beside everyone else’s kids, would we still be there?

The Hartmann Report

"Observers have spent two weeks trying to discern the 'aims' of Trump’s war on Iran, and therefore what might constitute a victory or defeat. His every bizarre utterance about his war 'plans' — including wildly conflicting declarations that Iran has surrendered and the war must be expanded to defeat the regime — immediately move markets."

~ David R. Lurie

#Trump #Iran #war #economy #EconomicElites #oligarchy #oil #gas
/5

https://www.publicnotice.co/p/trump-excursion

Trump’s military excursion, into an abyss

The evident fact is that the president is nuts.

Public Notice

"The evident fact, though, is that Trump is completely nuts, and that he’s 'governing' the country — and has now taken the US to war — based on his impulses alone, without even the pretense of a strategy or goal."

#Trump #Iran #war #economy #EconomicElites #oligarchy #oil #gas
/6

"He governs the country by a kind of manic coaxing which is at war with short-term memory and thrives on the ability to keep as many people fixated on the super dramatic crisis of the moment without remembering that it was preceded by an endless litany of other crises with similar branding."

~ Josh Marshall

#Trump #Iran #war #economy #EconomicElites #oligarchy #oil #gas
/7

https://talkingpointsmemo.com/edblog/borderline-personality-trump-and-the-uses-of-press-myopia

Borderline Personality Trump and the Uses of Press Myopia

Every president wants favorable press coverage. Most feel a surprising level of...

TPM - Talking Points Memo
Sing, Goddess, of the Fury of Trump!

The wartime president is focused on footwear.

The Bulwark

"In the run-up to launching this regional bloodbath, Trump’s advisers 'fully briefed and prepped' him on how Iran’s government would likely respond by acting to explode oil prices – and damage the markets and our economy – if he went ahead with the war. Trump privately downplayed those warnings. Then he did it anyway."

~ Asawin Suebsaeng

#Trump #Iran #war #economy #EconomicElites #oligarchy #oil #gas
/9

https://zeteo.com/p/us-intel-trump-iran-regime-first-draft

First Draft – 💥 US Intel to Trump: Iran Isn’t Breaking

The president claims we’ve already ‘won’ in Iran, as his officials tell him we most definitely haven’t; Ohioans protest Trump; and a former ICE lawyer (!) wants to replace Rep. Ilhan Omar in Congress.

Zeteo

"In recent days, two Trump advisers and two other sources briefed on the situation tell me, US officials have delivered another dire warning to our batshit crazy president: They’ve informed Trump and his lieutenants that, based on American intel, the Iranian regime at this time isn’t breaking, isn’t ready to fold on the war or stop retaliating," (continued in /11)

#Trump #Iran #war #economy #EconomicElites #oligarchy #oil #gas
/10

(continued from /10)

"and that there are signs the war is causing significant rally-around-the-flag effects on the ground in Iran, including among some groups that hate the government in Tehran."

#Trump #Iran #war #economy #EconomicElites #oligarchy #oil #gas
/11

"And yet – you guessed it – Donald Trump is going to keep doing it anyway, even in the face of mounting casualties on all sides of the conflict, the world economy on the brink, and gas and fertilizer prices surging, and increasingly disastrous poll numbers at home for this president."

#Trump #Iran #war #economy #EconomicElites #oligarchy #oil #gas
/12

"The media continues to focus on the disruption to oil supplies, but a bigger crisis may be looming in the liquefied natural gas (LNG) market. For technical reasons, it is difficult to stockpile LNG. For example, Taiwan is heavily dependent on LNG to produce semiconductors; LNG accounts for about 50% of Taiwan’s energy generation. Taiwan has a 100-day oil reserve but only an 11-day LNG supply."

~ Robrt Hubbell

#Trump #Iran #war #economy #oil #gas
/13

https://roberthubbell.substack.com/p/gop-continues-dhs-shutdown-as-adminstration

GOP continues DHS shutdown as adminstration reels from unanticipated consequences.

March 12, 2026

Today's Edition Newsletter

"It feels to me, however, that much of the media is preoccupied with how many things the US blows up on any given day and is less focused on the intricate, interconnected, downstream effects of the war. Trump proudly boasted on Wednesday that the US is self-sufficient in oil production. That’s great, but if Taiwan can’t make chips to run our computers, TVs, cars, and precision-guided missiles, having a lot of oil may be irrelevant."

#Trump #Iran #war #economy #oil #gas
/14

"Military analysts say reopening the Strait of Hormuz could require a ground operation to seize Iran’s coastline along the strategic waterway, a move that would significantly escalate the conflict and could lead to higher casualties for U.S. and allied forces, according to the Wall Street Journal."

~ Aaron Parnas

#Trump #Iran #war #economy #oil #gas #StraitOfHormuz
/15

https://aaronparnas.substack.com/p/news-iran-escalates-war-after-trump

NEWS: Iran Escalates War After Trump Declares Victory, Iranian Hackers Hit U.S. Company, Allies Admit They Don’t Know Trump’s Plan

Good morning, everyone.

The Parnas Perspective

@wdlindsy have they tried... diplomacy?

it's time to send in the adults.

@bweller @wdlindsy

That's just crazy talk..

/s

@oldguycrusty 🤪

if the admin wants to claim it's a strategy, they can pretend they meant to do "bad cop, good cop," all along

@wdlindsy

@bweller @wdlindsy

They send fucking Jared for that. Not even Rubio. It's ludicrous.