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Treasury Secretary Says the Strait of Hormuz Will Be Irrelevant in Two Years

OK. So What Are We Fighting For?

August 4 Lie

Bessent Feuds with the Wall Street Journal

I support this view regardless of what one makes of the argument.

This is degrading to the Treasury Dept and to the Secretary himself. Such tantrums are unbecoming and gratuitous. These remarks are also unjustified. Treasury Secretaries should best avoid publicly opining on Fed-related matters.

But nor do I think much of the argument.

Former WSJ journo Jon Hilsenrath responds on LinkedIn

ATTENTION MR. BESSENT, 2.0: YOU ARE COMING UP SHORT ON YOUR OWN ‘3-3-3’ GOALS

Treasury Secretary Scott Bessent has been attacking financial journalists on Twitter [X] this morning. It’s petty, but let’s judge a man not by what he says. Let’s judge him on what he accomplishes.

During the 2024 presidential campaign, Bessent laid out a ‘3-3-3’ economic agenda for his prospective administration. This was a promise to achieve annual economic growth of 3%, reduce the federal budget deficit to 3% of gross domestic product, and increase daily output of oil by 3 million barrels per day.

President Trump’s economic co-pilot is failing on every count:

— Growth in economic output as measured by real gross domestic product slowed to a 1.95% annualized rate during President Trump’s first 18 months in office. That’s a slower growth rate than the average 3.2% rate when Biden was in office, though the Biden rate was bolstered by a post-Covid pandemic recovery. The Bessent 1.95% growth rate is a touch slower than the 2.0% growth rate during Obama’s eight year term in office.

— The budget deficit is estimated by the Congressional Budget Office to be 5.8% in the fiscal year that ends in September, nearly double the Treasury Secretary’s promised rate. In order to reach 3% of GDP, the budget deficit would need to be nearly a trillion dollars smaller. Instead, it will rise next year, in part because of the cost of funding the war in the Persian Gulf. I see little evidence that the present administration, or anyone in Washington for that matter, has a credible plan to reduce the red ink that’s spilling forth like a geyser from Washington on a daily basis.

— Domestic oil production averaged 13.71 million barrels daily in May, up 0.57 million from 13.14 million in January 2025. Again, short of the goal. Implicit in the promise on oil production was a promise that energy costs would ease. They have not.

On one count that matters to many Americans, the economy is delivering a number with a “3” in it: The inflation rate was 3.7% higher in June that it was a year earlier, as measured by the Federal Reserve’s preferred personal consumption expenditure price index.

I have no desire to get political, but when a politician attacks honest people who I know and respect, that bugs me. It’s petty, and meant purely as distraction.

Quote of the Day

Reporter: Some have speculated the strait will never go back to the way it was before. What would you say?

Bessent: I think they are saying that in a doomsday sort of way. I would say it in another way. It is never going back to the way it was because the Iranians tried to use it as a choke point. What we are going to see over the course of the next two years, is the strait is going to become irrelevant.

Bessent’s logic is that the strait will become irrelevant when new pipelines are built to avoid its use.

Convoluted Logic

Bessent does not realize how idiotic he sounds.

Either he is lying, or he just admitted how stupid Trump is to keep fighting.

One Two Three, What Are We Fighting For?

To answer the question, in the words of the Treasury Secretary of the United states, we are fighting over something that is irrelevant.

Now how stupid is that?

Gimme an “F”.

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157 Comments
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Mike
Mike
8 hours ago

He could be telling the truth but they tell so many lies. Fails to identify the permanent macro cause for change in global energy demand.

yippee
yippee
10 hours ago

i think we ought to call this episode in amerikan empire the kosher war. waged by the kutschners the witkoffs and donald epstein. notice how they always take off from friday sundown to saturday sundown, brooklyn time. the funny part is all my hasidic ultra orthodox pals in brooklyn despise zionism. they have half a brain between them, at least. DONALD EPSTEINS KOSHER WAR

Flavia
Flavia
10 hours ago
Reply to  yippee

You’re right – he started the recent war after sunset on a Saturday.

‘Lil Mr.
‘Lil Mr.
9 hours ago
Reply to  yippee

Very interesting about your pals. I think your name for the war is spot on sir!

yippee
yippee
8 hours ago
Reply to  ‘Lil Mr.

i attended a bunch of anti genocide joe and israel protests in brooklyn and nyc…….tons of hasidim joined. israel are useful idiots to amerikan empire….. the ultra orthodox understand that.

Feral Finster
Feral Finster
8 hours ago
Reply to  ‘Lil Mr.

The Satmar Hassidim (largest Hassidic court) consider Israel to literally be satanic and they refuse to set foot there.

One often sees Satmar at pro-Palesinian rallies.

yippee
yippee
5 hours ago
Reply to  Feral Finster

yes. i lived among the lubavitch, short walk to their world hq. i even met the great rebbe, their messiah 35 years ago. i’m a born roman catholic who believes in nothing. but i love philosophy and those fellas love talking history and philosophy. mention hannah arendt and banality of evil to them, on eastern parkway and it’s like catnip……..those old men are my favorite. most amerikans have no clue about the evil empire they inhabit. or the bitch colony called israel. the hasidim do.

Frosty
Frosty
11 hours ago

So much for Trumps “Dealmaking or Winning”. Negotiations are OVER!

Trump and Israel never keep their word or honor treaties they sign. Why would any rational countries leaders enter into negotiations with them?

Oil just went up another 5% and all costs of manufacturing, mining and transportation go up, right along with it.

yippee
yippee
10 hours ago
Reply to  Frosty

stagflation and stupid war. i remember the late 60s to early 80s stagflation and vietnam. another dumbfuck war our boys could never win.

Feral Finster
Feral Finster
9 hours ago
Reply to  Frosty

The United States never intended to make any kind of deal.

yippee
yippee
9 hours ago
Reply to  Feral Finster

yup. amerika has been breaking treaties since the founding 250 years ago. only the dumbfucks in flyover country believed Donald

RandomMike
RandomMike
11 hours ago

He is projecting.

Eric
Eric
11 hours ago

US Strategic Petroleum Reserve (SPR) has fallen below 300 million barrels for the first time since 1983.

According to data from the US Department of Energy, reserves fell by 6.1 million barrels last week to 298.7 million barrels.

And it seems we’ve run out of planned strikes on Iran to call off, depriving the markets of their favorite tool for artificial price control.

I’m back robbyrob
I’m back robbyrob
11 hours ago

BREAKING: Iran has flatly ruled out any future negotiations with the Trump administration, declaring it will wait out Trump’s term until January 20, 2029, per an advisor to the Parliament Speaker Ghalibaf and a senior Iranian source.

https://nitter.net/HormuzLetter/status/2086833395754016880#m

Frosty
Frosty
11 hours ago

Trump did break the previous treaty and attack Iran multiple times. Why on earth would anyone trust trump?

Trump is also threatening many of our allies and neighbors.

What else did people that voted for a convicted Felon and pedophile think he would do? Trump voters nay be the most gullible people on earth!

yippee
yippee
11 hours ago
Reply to  Frosty

democracy works old sport. majority of amerikans are cunts.

Sentient
Sentient
11 hours ago
Reply to  Frosty

If you want to know how the US handles treaty obligations, ask a Native American.

yippee
yippee
11 hours ago
Reply to  Sentient

aye aye. lived in AZ for many years and attended school with native amerikans for a decade. usa is built on a pack of lies and genocide.

njbr
njbr
11 hours ago

Whocouldathunk a guy who lived by lying, cheating and scamming would be a great guy to make a “deal” with

njbr
njbr
12 hours ago

so about those “on-going negotiations”, the”art of the deal” guy gets off the golf course, wakes up finally, and enters the room….

I see that Representatives of the Islamic Republic of Iran are asking for compensation for the damage done to them during the last five month Military Conflict (started because, THEY WILL NOT HAVE A NUCLEAR WEAPON), even though it was never mentioned in any of our negotiations or meetings! But it is an interesting idea because now I am likewise demanding compensation from Iran, for all of the people that they have killed and gravely wounded with their roadside bombs and many conflicts, for which they are famous, as led initially by General Soleimani, including the families of those killed on the USS Cole, and thousands of others killed in combat. Additionally, compensation should be paid to the families of the hundreds of thousands of innocent protestors that Iran has killed over the last 50 years, not to mention the 52,000 that have been killed in the last five months. I have instructed my representatives to put this firmly into any, and all, future negotiations. Thank you for your attention to this matter! President DONALD J. TRUMP

El Trumpedo
El Trumpedo
12 hours ago
Reply to  njbr

Now Iran has stated they won’t negotiate with Trumpstien, and the strait will remain closed until his term ends.

Game Over.

randocalrissian
randocalrissian
12 hours ago
Reply to  El Trumpedo

Is that code for “bombs away?” Asking for a friend

El Trumpedo
El Trumpedo
11 hours ago

What bombs? The bomb cupboard is bare.

randocalrissian
randocalrissian
12 hours ago
Reply to  njbr

Note the lack of threats and enforcement mechanisms – this is just empty drivel

Oleg Grozny
Oleg Grozny
11 hours ago

Trump is growing bored with Iran. Perhaps he will turn his attention toward Cuba. Rubio would be a fine viceroy.

peelo
peelo
8 hours ago
Reply to  Oleg Grozny

We can’t run Cleveland properly. What are we going to do with Cuba?

yippee
yippee
13 hours ago

democray works perfectly. always has. cunts elect cunts to do cunt things. amerika has been an empire of cunts for many decades now. Ike did the coup in persia in 1953. ike was a cunt. geopolitics is very simple.

El Trumpedo
El Trumpedo
12 hours ago
Reply to  yippee

Freudian typo? Democraycray

randocalrissian
randocalrissian
12 hours ago
Reply to  yippee

Always a battle between AmeriKKKa and AmeriCUNTs, you say?

Eric
Eric
15 hours ago

If they finally admit that, they are no longer talking to Iran…
Meaning there are no planned strikes to “call off” at the last minute, etc.
Then how will they be able to manipulate the price of oil from now on?
With the winter and elections coming up, I cannot think of any ideas for them.
Any guesses?

Quatloo
Quatloo
14 hours ago
Reply to  Eric

Brent crude is up about 10% since Thursday.

Trump and Bessent seem to really believe Iran will fold from the economic pressure being exerted on them. They are delusional. I think their plan is to wait until Iran begs them for a deal and then drive a hard bargain.

yippee
yippee
13 hours ago
Reply to  Quatloo

you really don’t believe Bessent believes anything coming out of his own mouth, do you? please old sport. you are smart, and not that naive.

njbr
njbr
12 hours ago
Reply to  Eric

I’m gonna keep my good ideas secret until Trump pulls the Hegseth move and asks the public for ideas on how to defeat Iran….

El Trumpedo
El Trumpedo
11 hours ago
Reply to  njbr

Bake sale followed by a 5k for peace.

peelo
peelo
8 hours ago
Reply to  njbr

Showing weakness or dependency (or acknowledging the expertise of anyone else), are the lasts things Trump will ever do (like showing his Depends undergarments).

njbr
njbr
15 hours ago

We are the trapped animal contemplating gnawing it’s own paw off to escape while being tormented by 24/7 cartoon characters telling us it’s the best of times

peelo
peelo
16 hours ago

Goal posts moved over the horizon, in retreat.
The new Goebbels is being shoved in front of the cameras.
At least the situation has demonstrated some awareness of a public to be dealt with, though with insulting sales pitches as usual.
‘Everything is fine’ — that tack didn’t work for Biden.

I’m back robbyrob
I’m back robbyrob
16 hours ago

There is growing concern within the Trump administration about the potential for a global economic crisis if the Persian Gulf remains shuttered, especially if this continues as is into September. And this is likely the main factor pushing Trump to do a repeat of the end of Operation Rough Rider… i.e., Declare victory and leave.

I’m back robbyrob
I’m back robbyrob
16 hours ago

Joe Gruters chair of the Republican National Committee’s (RNC), on Sunday predicted that Republicans will maintain their control over both chambers of Congress after the midterm elections this fall.

https://thehill.com/homenews/campaign/6019233-rnc-predicts-congress-majorities/

peelo
peelo
14 hours ago

The GOP has very effectively exploited narrowly focused, cartoon fear targets for decades. The socialist wing of the Dems will be lit up by the GOP/FOX etc. in red letters. Of course the usual voters will fall right into line. This time I think Trump has definitively alienated most independents. and lost ground among some groups that swung toward him in 2024.

Harrold
Harrold
13 hours ago
Reply to  peelo

Trump still has the full support of the Evangelicals.

Frosty
Frosty
12 hours ago
Reply to  Harrold

Trump has lost many farmers and construction workers. Except the evangelical ones. Evangelicals want war regardless of the cost in lives, credibility or debt.

Jojo
Jojo
9 hours ago
Reply to  Frosty

Looking forward to removing those huge subsidies paid to corporate farmers!

randocalrissian
randocalrissian
12 hours ago

Congratulations to the GOP

JCH1952
JCH1952
17 hours ago

This will all soon be over with. A pickup with a 50 gallon drum of “injectable testosterone” was spotted this morning at a White House gate. In an act of pure savagery, Trump is going to turn 50 square miles of human-free dessert into glass. That otta do it.

Last edited 17 hours ago by JCH1952
Joe Penny
Joe Penny
17 hours ago
Reply to  JCH1952

TRT does wonders for prostate cancer…and not in a good way

peelo
peelo
16 hours ago
Reply to  JCH1952

Potemkin airstrikes — what a concept. Wasn’t it Caligula who had his legions fight the British waves?

Peace
Peace
18 hours ago

Welcome to “Hotel Iran ( California )”

“Welcome to the Hotel Iran (Caliornia)
Such a lovely place (such a lovely place)
Such a lovely place
Plenty of room at the Hotel Iran
Any time of year (any time of year)
You can find it here”



Last thing I remember, I was running for the door
Had to find the passage back to the place I was before
“relax,” said the night man. “We are programmed to receive
You can check out any time you like, but you can never leave”

Sorry, you can check out at any time but you can’t leave.

Last edited 17 hours ago by Peace
Peace
Peace
17 hours ago
Reply to  Peace

Enjoy your excursion!
Mr President.

MattyM
MattyM
18 hours ago

@mish I appreciate the “hide” button, keeps me from engaging with the trolls.

Also the entire Trump Regime are nothing but bull shitters

Frosty
Frosty
18 hours ago

It is more likely that Bessent will be irrelevant in two years. As far as I have seen Bessent is a transparent liar and ineffective. Trump will turn on him just as he has so many others.

peelo
peelo
16 hours ago
Reply to  Frosty

Everyone is a potential scapegoat in his world, right down to Kushner and I reckon even Don Jr.

randocalrissian
randocalrissian
12 hours ago
Reply to  peelo

He can at least bed Ivanka, Don Jr not so much

Augustine
Augustine
13 hours ago
Reply to  Frosty

Perhaps that, in two years, when the Orangutan is ousted, the Epstein files will be released and nobody will care that the Strait will be tolled by Iran, because no way the Usonian leopard will lose its spots and do the right thing paying reparations to Iran.

john smith the third
john smith the third
21 hours ago

Bessent is not stupid. I think he’s just trying to keep a lid on oil prices via supply positive messaging

John Overington
John Overington
16 hours ago

I don’t know your definition of stupid but I just googled it and a picture of bessent was presented.

Eric
Eric
21 hours ago

Welcome to Ameri-Kakistocracy

Joe Penny
Joe Penny
21 hours ago

Israel ‘rejects’ Trump’s 15-point peace plan for Gaza, Netanyahu says

BWHAHAHA….the boss phoning one in from Tel Aviv

Frosty
Frosty
18 hours ago
Reply to  Joe Penny

Israel has never wanted peace.

yippee
yippee
13 hours ago
Reply to  Frosty

israel was setup by the brits as useful idiots. they play the part well. israel is a bitch colony of usa. useful idiots to usa, the real nasty cunts.

Frosty
Frosty
12 hours ago
Reply to  yippee

I see it the other way with the USA spending to support Israels wars of aggression. Israel never does anything for the USA… It’s OK to disagree.

randocalrissian
randocalrissian
11 hours ago
Reply to  yippee

While Israel calls US their useful idiots. Two can play at that game!

Sentient
Sentient
16 hours ago
Reply to  Joe Penny

We’ll never be able to solve America’s big problems until we excise that tumor from the body politic.

Joe Penny
Joe Penny
21 hours ago

“Iran will never have a nuclear weapon, if I hadn’t bombed the hell out of them Israel wouldn’t exist” — TRUMP

Yes, yes, we know, you are the best Goyim

Creamer
Creamer
22 hours ago

Also @mish if Jojo is going to literally spam links can you please do everyone a favor and flush him? I don’t think he’ll be missed.

Jojo
Jojo
20 hours ago
Reply to  Creamer

What spam links are you referring to? Methinks you just don’t wan’t to see real information that you don’t agree with!

Joe Penny
Joe Penny
17 hours ago
Reply to  Creamer

You do know that you can just click on the “hide” button….or are you too fcuking stupid to figure that out?

Creamer
Creamer
13 hours ago
Reply to  Joe Penny

Are you too fucking stupid to spell “fuck”? The answer looks like yes!

yippee
yippee
13 hours ago
Reply to  Creamer

ha ha ha. i find that comical, too. grown men afraid to type the letters fuck or cunt…………no wonder amerika hasn’t won a war since 1945. fucking pussies and cunts.

Luke
Luke
12 hours ago
Reply to  Joe Penny

It doesn’t always work I have to rehide Jojo every few weeks

Luke
Luke
12 hours ago
Reply to  Luke

Also… chill!

Creamer
Creamer
22 hours ago

Sour grapes here, sour grapes over the polls, seems to me like sour grapes are a running theme in this shambolic admin.

Jojo
Jojo
22 hours ago

The US can keep the economic squeeze on the Iranian Regime as long as necessary. So gas prices are a bit higher. It’s a worthwhile price to pay to cut off the knees of the Iranian Regime:

Iran’s Economy Is In Shambles As War Takes Its Toll
Saturday, Aug 08, 2026 – 09:15 AM

Despite the bluster from Iranian officials on social media, it should come as no surprise that the country is not doing well economically. From the beginning of the conflict to current day, Iran has been dealt an estimated $270 billion to $300 billion in total damage due to a steady barrage of strikes, including numerous infrastructure targets from bridges, highways, railways, airports, etc. 

The three-month-long US blockade on Iran’s oil exports have also taken a toll, with national oil output dropping from 2.2 million bpd to less than 300,000 bpd. It is likely that there has been some long term damage to the regime’s oil wells and they have lost approximately $6 billion in oil revenues so far.    

With a general information blackout in place, getting a proper estimation of the damages can be difficult. However, in recent months many Iranian leaders and media sources have indicated a dangerous shift in the stability of the country. The situation has become so volatile that citizens are reportedly turning to theft in order to get their hands on basic necessities including food.  

https://www.zerohedge.com/geopolitical/irans-economy-shambles-war-takes-its-toll

MPO45v2
MPO45v2
22 hours ago
Reply to  Jojo

Economic squeeze? Hasn’t the US had sanctions on Iran for like the past 50 years? How has that worked out? The only thing this mess is causing is massive inflation to every American and F*** You for saying it’s worth it. It’s not. The only threat Iran poses is to Israel and every day that passes, less and less people here in the US care about that and it will accelerate as boomers die off.

cambeiu
cambeiu
22 hours ago
Reply to  MPO45v2

1 – Iran is defeated.
2 – The US is locked and loaded, ready to rain down fire and steel at levels not seen since world war 2 if they don’t open the strait.
3 – We will keep the economic squeeze….

The MAGA rhetorical journey of powerlessness and copium is a pathetic one to watch.

Last edited 22 hours ago by cambeiu
Jojo
Jojo
20 hours ago
Reply to  cambeiu

What’s pathetic is your posts, which so many laugh at.

Jojo
Jojo
20 hours ago
Reply to  MPO45v2

People like yourself are worms who care nothing about the world around them. All they are interested in is finding food living their simple lives.

You ar ein another country now. Why are you worried about US inflation?

Frosty
Frosty
18 hours ago
Reply to  Jojo

We do care about the world around us! And we are sick and tired of Israels constant lies and warmongering. Israel threatens every nation and person on earth by attacking its neighbors and provoking constant war (risking nuclear war). Why do you think you are so superior to others? The nuclear option is abject failure at every level!

Israel is the only nation in this conflict with illicitly obtained nuclear weapons and has not signed the nuclear non-proliferation agreement.

At this point I think the US should remove all support for Israel and let them fight their own wars.

Last edited 18 hours ago by Frosty
Quatloo
Quatloo
13 hours ago
Reply to  Frosty

Exactly right Frosty!

Jojo
Jojo
10 hours ago
Reply to  Frosty

You have no idea what you are saying. Israel and the US are strong allies. That is never going to change no matter how much you and those who align with you stomp and hold your breath.

As I regularly remind you, you would do better to focus on your farm business. Your clear haltered of Israel and Jews is blocking any rational understanding of why Israel is the strongest ally Israel has in the Middle East.

Suggested reading:

The U.S. stays involved in the Middle East mainly because of strategic interests: oil and energy security, support for allies, counterterrorism, preventing a regional rival from dominating the area, and protecting global trade routes such as the Persian Gulf and nearby sea lanes. U.S. involvement grew during the Cold War and has remained heavy since the 1970s, with stated priorities also including regional stability and the Israeli-Palestinian conflict.

## Main reasons

– Energy and oil: the region has long been central to global oil supply, which affects world prices and economic stability. 

– Security and alliances: the U.S. works with partners like Israel and Gulf states and keeps forces there to respond quickly to threats. 

– Counterterrorism: after attacks such as 9/11, the region became even more tied to U.S. military and intelligence operations. 

– Geopolitics: Washington wants to limit the influence of hostile states or groups and maintain access to key shipping routes. 

## What this means in practice

That presence can include military bases, naval patrols, arms sales, intelligence cooperation, diplomacy, and occasional direct military action. It is not just about oil anymore; it is also about keeping the broader international system from being disrupted by conflict in a very important region. 

## Why it keeps going

Once a country has long-term alliances, troops, and commitments in a region, it becomes hard to leave without creating new risks. That is why U.S. policy in the Middle East often looks like a mix of defending old interests and reacting to new crises. 

https://www.perplexity.ai/search/d64769c5-0b94-4935-b093-512a93c5f230

Sentient
Sentient
16 hours ago
Reply to  Jojo

I thought the goyim were cattle. Now it’s worms? Guess I’m not up to speed on my talmud.

randocalrissian
randocalrissian
11 hours ago
Reply to  Sentient

Jojo is like a compost bin, breaking things down into dirt faster than you can breathe. He’s a wizard I tellz ya

Christoball
Christoball
19 hours ago
Reply to  MPO45v2

Thank you MP

peelo
peelo
15 hours ago
Reply to  MPO45v2

As for eternal, unbreakable “special relationships” of nations with the USA, see Britain. Britain and Israel combined to provoke a fight in 1956 to hold the Suez Canal against Egypt’s Nasser. President Eisenhower pulled the plug on that. Britain lost face and global reach.

The only weird irony is Trump trying and to some extent succeeding to play not the part of USA from that story, but of conspiratorial Britain with this war pretext and fiasco. In a few months he jumped us down to scrabbling with countless other countries and paying every new toll for the future. .

Last edited 15 hours ago by peelo
Christoball
Christoball
22 hours ago
Reply to  Jojo

The straight of Vermouth will never be opened by drunks. It just isn’t possible.

Lefteris
Lefteris
19 hours ago
Reply to  Jojo

<<Iran’s Economy Is In Shambles As War Takes Its Toll>>
Well, they have high inflation, the currency is kaput, and certain mechanisms to fund Hamas and Hezbollah do not work anymore, from what I hear. But such regimes have remarkable endurance/staying power (like in N. Korea), because the population is used to suppression. Fatalism and misery are characteristics of these societies, almost inherent in the cultures and embedded in the lifestyle. Let alone their masochistic religion. I think Trump is probably betting on a revolution in Iran that most likely will never happen.

Jon
Jon
17 hours ago
Reply to  Jojo

“So gas prices are a bit higher. It’s a worthwhile price to pay to cut off the knees of the Iranian Regime”

No its not. The Iranian regime has done nothing to the American people.

Jojo
Jojo
9 hours ago
Reply to  Jon

Wrong. They have killed or been responsible for the death of hundreds of Americans over the years! Are you really that stoopid? If yes, please get a vasectomy before you make kids

Jon
Jon
8 hours ago
Reply to  Jojo

Name one, and the circumstances.

Tom
Tom
16 hours ago
Reply to  Jojo

Isn’t zerohedge a has been?

I thought he went a bit loopy during COVID and never got over it

Feral Finster
Feral Finster
15 hours ago
Reply to  Tom

Zerohedge is great, if you are into unvetted conspiracy theories and you take trumpy crackpottery straight.

Same as it ever was.

Jojo
Jojo
9 hours ago
Reply to  Feral Finster

Yes, you guy should continue watching/reading MSNOW.

Jojo
Jojo
9 hours ago
Reply to  Tom

Shows how little you know and how uninformed you are.

randocalrissian
randocalrissian
11 hours ago
Reply to  Jojo

“gas prices are a bit higher” tell us you don’t understand basic economics without directly admitting it. Have you ever factored diesel, and what gets to market via diesel, and the effect of vastly higher diesel price increases relative to gasoline? Why are you glomming on to gas when it’s just one part of the whole?

Jojo
Jojo
23 hours ago

Bessent is correct. Gulf states are not going to kowtow to attempted power grabs by the Iranian Regime. They will find bypasses to get their products to market. This may cost more but everything gets more expensive, doesn’t it?

One example:

How the UAE Has Kept Its Oil Flowing Through Hormuz

By Tsvetana Paraskova – Aug 06, 2026, 4:40 AM CDT

The United Arab Emirates has managed to boost its oil exports to pre-crisis levels as early as June, as it has kept pushing crude through the Strait of Hormuz and outside it.  

The UAE, which left OPEC on May 1, has found workarounds to the blockage at the Strait of Hormuz. It has been shuttling crude through the chokepoint to load it on larger vessels outside the Strait, maximizing the use of its onshore pipeline to ship crude from the west to the east of the country, bypassing Hormuz, and shipping tankers through the Strait in dark mode.  

The UAE has managed to ship over June and July the most crude oil out of the Strait of Hormuz than any other Gulf producer, according to vessel-tracking data compiled by Bloomberg.

The UAE has also issued an unprecedented number of tenders to sell cargoes of millions of barrels of crude oil in recent weeks.

https://oilprice.com/Latest-Energy-News/World-News/How-the-UAE-Has-Kept-Its-Oil-Flowing-Through-Hormuz.html

Jon
Jon
17 hours ago
Reply to  Jojo

Yes, but the Iranians bombed the port they were using outside the Strait, now it is shut down. The Houthi’s have bombed Saudi ports on the Red Sea. Pipeline fed exports from the Gulf are now effectively shut down. It was surprisingly easy.

Jojo
Jojo
23 hours ago

Life Liberty Levin

August 9, 2026

Mark Levin: There’s no question Trump’s military actions against the Iranian regime have been courageous

https://www.foxnews.com/video/6403132982112

randocalrissian
randocalrissian
11 hours ago
Reply to  Jojo

Telling people what to do isn’t courageous, it’s cowardice

Jojo
Jojo
23 hours ago

Life Liberty Levin

August 8, 2026

Commentator says the United States’ goals in Iran need ‘clarity’

Political commentator Josh Hammer says Iran’s regime can’t be dealt with like the Soviet Union on ‘Life, Liberty & Levin.’

https://www.foxnews.com/video/6403078998112

Frosty
Frosty
18 hours ago
Reply to  Jojo

Blood flavored Kool-Aid…

Classic pro-israeli propaganda fron Faux.

Jon
Jon
17 hours ago
Reply to  Frosty

Fox: owned and controlled by Zionists happy to spill Christian blood.

Jojo
Jojo
10 hours ago
Reply to  Jon

This has to be one of the dumbest posts you have ever made. Suggest not introducing religion as it will not lead to anything good.

Jon
Jon
8 hours ago
Reply to  Jojo

How so?

yippee
yippee
13 hours ago
Reply to  Frosty

i was visiting family for weekend. the dumbfucks had Fox on. it’s hysterical. i know all your farmer pals love it. those morons thought “the apprentice” was a documentary. just like my dumbfuck pals in south brooklyn and long island. it’s comical how fucking stupid amerikans are. democracy works perfectly well old sport. assholes elect assholes to do asshole things. amerikans have been assholes for many decades.

Frosty
Frosty
12 hours ago
Reply to  yippee

Some Americans are assholes – especially the two faced politicians. Most societies simply want to live in peace, work meaningful jobs and raise successful families.

The average Iranian, Russian, Italian or American has no interest in war.

In America, Fox is the largest promotor of theocratic hatered and war.

Jojo
Jojo
10 hours ago
Reply to  Frosty

You think you have all the answers. Why don’t you run for office?

Jojo
Jojo
10 hours ago
Reply to  Frosty

Put your hands over your ears and eyes if you don’t want see/hear reality.

Casual Observer
Casual Observer
1 day ago

Just admit you dragged into a war by Israel and declare victory at any turn. The real quagmire seems to be Israel got what it wanted and has trapped the US.

Jojo
Jojo
20 hours ago

Your observation skills suck. Why not take them back to the NYT forums?

randocalrissian
randocalrissian
11 hours ago
Reply to  Jojo

We are conducting a scientific experiment to determine how long Jojo sticks around here before admitting his arguments were wrong. We’ve got all the time in the world, apparently just like Trump does to wait for Iran to “change their minds”

Jojo
Jojo
10 hours ago

I’ve been here for 20 years, longer than you likely. I have no plans to bail out.

Harry
Harry
1 day ago

It seems easy to connect the Iran failure to the Trump administration. As if loss is OK and good if Trump fails. But what this war marks goes way beyond that, and it is far more serious than the midterms. Misguided war: yes. In the cards anyway: yes.

Jon
Jon
17 hours ago
Reply to  Harry

Why in the cards anyway? The JCPOA insured Iran would never have a nuclear weapon.

randocalrissian
randocalrissian
11 hours ago
Reply to  Jon

Trump pissed in that cereal as quickly as possible in Trump 1.0, so no, it didn’t after that.

PapaDave
PapaDave
1 day ago

Bessent is trying to minimize another failed goal of Trump’s war on Iran.

They have given up on their original goals:

  • Get a friendly regime change in Iran
  • Obtain the enriched Uranium and bring it to the US
  • End Iran’s nuclear program
  • End Iran’s missile program
  • Control Iran’s oil
  • Enhance the US standing as the global policeman
  • Demonstrate US military invincibility to China and Russia
  • Demand unconditional surrender of Iran
  • Prove Trump is the greatest deal maker and military strategist of all time

Recently they have switched to:

  • Reopen the strait of Hormuz

Now they are apparently abandoning that goal.

I wonder what the new goal will be that will signify “victory” for Trump; perhaps it’s this: Hey, Trump didn’t shit his diaper today! Smells like victory!

'Lil Mr.
'Lil Mr.
1 day ago
Reply to  PapaDave

Unless the Iranian government collapses or there are too many US causalities I don’t see this ending anytime soon. Trading words and bombs keeps Epstein out of the spotlight and “saves the world for democracy” or was it from democracy??? Hey you don’t think the Iranian’s are also trying to hide their involvement in Epstein??? I mean one woman said she was abused by a certain prime minister. She apparently told the police hoping someone from that country would investigate.

Christoball
Christoball
22 hours ago
Reply to  PapaDave

Thank you PaPa

Augustine
Augustine
13 hours ago
Reply to  PapaDave

The war against Iran is getting so embarrassing that the Orangutan might release the Epstein files to distract the populace from his defeat by Iran.

randocalrissian
randocalrissian
11 hours ago
Reply to  PapaDave

Jojo would be here to tell you you are wrong, but he can’t since you’re right. Poor Jojo!

JeffD
JeffD
1 day ago

LOL! Wow, what a whopper. And here I was thinking that Trump’s lies were overblown. No comparison, with this one.

Last edited 1 day ago by JeffD
'Lil Mr.
'Lil Mr.
1 day ago
Reply to  JeffD

Don’t be so sure. In a MSM interview Taco said the people are mad at Republicans, not him!

I’m back robbyrob
I’m back robbyrob
1 day ago

The news next to nobody wants to hear is that we will have to get used to living much more frugally in the years ahead. Yes, this applies to our kleptocratic upper class too―the supposed net worth of the wealthy these days is mostly a matter of financial hallucinations propped up by a baroque system of absurd overvaluations of notional assets that will not stand even the feeblest price discovery.
It’s a long road down for all of us, and those who think they are perched in the catbird’s seat just now face the unwelcome realization that they have further to fall than most.

Ed@yahoo.com
Ed@yahoo.com
1 day ago

The hypocrisy of this administration is just blowing up. Their finger must be close to the button by now.

Six000MileYear
Six000MileYear
1 day ago
Reply to  Ed@yahoo.com

That was the topic of discussion in the office this week. One opinion was nukes will be used only on Iran’s nuclear production sites. Trump doesn’t want to destroy Iranian citizens who are the IRGC’s human shields. It’s viewed as a warning shot to the Chinese as well.

Israel may launch a nuclear attack, and the US will support by claiming responsibility for the strike.

'Lil Mr.
'Lil Mr.
1 day ago
Reply to  Six000MileYear

That would be one hell of an escalation. Bibi better be ready for the “fallout” if he thinks he can get away with that. He’s already in enough trouble at home which is probably why he doesn’t want this war to end.

Jon
Jon
17 hours ago
Reply to  Six000MileYear

What if firing a nuclear weapon doesn’t cause Iran to open the Strait, and Iran just broadcasts videos of dying babies caused by the nuclear attack and loss of electricity, water, refrigeration, etc…

Feral Finster
Feral Finster
15 hours ago
Reply to  Jon

What will anyone do about it?

The United States and Israel conduct a daylight genocide in Gaza and nobody other than Iran and the Houthis dare do boo.

Jon
Jon
12 hours ago
Reply to  Feral Finster

It will permanently drive US independents into the Democratic camp, destroying GOP power for decades.

Feral Finster
Feral Finster
11 hours ago
Reply to  Jon

Team D is equally in the tank for Israel.

Victoria "the Hutt" Nuland
Victoria "the Hutt" Nuland
1 day ago

It’ll be irrelevant because the global economy, including the American economy, will have long since been destroyed by this Epstein class.

Naphtali
Naphtali
1 day ago

Well, as my Irish father would say: Total shite.. My mother: Ganz Dreck. Myself: Utter bullshit.

Victoria "the Hutt" Nuland
Victoria "the Hutt" Nuland
1 day ago
Reply to  Naphtali

Here in Korea, it would be: 똥 냄새.

MMchenry, CFA
MMchenry, CFA
1 day ago

Ah, for the days before Trump 1.0 when we had relatively noble measured Treasury Secretaries. With some modicum of integrity even if you disagreed about some issue.
The list from when there used to be some integrity with the role:

Jacob Lew (2013–2017) – Served under President Barack Obama.

Timothy Geithner (2009–2013) – Served under President Barack Obama.

Henry Paulson (2006–2009) – Served under President George W. Bush.

John Snow (2003–2006) – Served under President George W. Bush.

Paul O’Neill (2001–2002) – Served under President George W. Bush.

Lawrence Summers (1999–2001) – Served under President Bill Clinton.

Robert Rubin (1995–1999) – Served under President Bill Clinton.

Lloyd Bentsen (1993–1994) – Served under President Bill

Trump 2.0 is such an out of control 24/7/365 LIAR he makes Nixon look like a Sunday School Teacher!

Brutus Admirer
Brutus Admirer
1 day ago
Reply to  MMchenry, CFA

Not to defend Bessent, but that is a pretty corrupt bunch of people if you look at them in detail. One thing about the Swamp, any cream that manages to exist there doesn’t rise to the top.

Neil
Neil
1 day ago
Reply to  Brutus Admirer

As corrupt as they may have been, i would pick any of them over Bessent. I believe those in the list above would not go this far in their lies and corruption. So yes, Trump would never appoint them.

eighthman
eighthman
1 day ago

Why stop there in regard to wars being irrelevant? Taiwan and South Korea may have the lowest birth rates on earth – which means they don’t care to generate new citizens, taxpayers or soldiers – or are OK with the end of their nations. In Ukraine, demographics are a state secret but they had a low birthrate before the war and are now eliminating their future fathers with the actual slogan, “to the last Ukrainian”. This is foolishness beyond comprehension.

Jojo
Jojo
20 hours ago
Reply to  eighthman

Smart players understand that AI/robots are going to be doing all the work in the next 5 years or so. More babies/people not needed!

Jon
Jon
17 hours ago
Reply to  eighthman

Interestingly, it’s a global phenomenon. Birth rates are even crashing in Africa compared to historical norms.

Feral Finster
Feral Finster
15 hours ago
Reply to  eighthman

Because the rulers of Ukraine themselves do not suffer, they do not care.

You think a farmer mourns the deaths of his livestock?

yippee
yippee
1 day ago

this is a great article which underscores our failing empire. https://asiatimes.com/2026/08/with-america-deranged-president-xi-summons-overseas-chinese/

FDR
FDR
1 day ago
Reply to  yippee

Chinese college graduates face similar obstacles as US citizen grads, namely unemployment or taking on gig work, etc..

1 in 6 are unemployed in the PRC. Non college are at approximately 15%. These stats are per the Chinese government so most likely way higher similar to the US youth and college grad unemployment.

The operative question to ask the Chinese diaspora : Why did you leave? If it was strictly for economic reasons, given the youth unemployment I wouldn’t move back.

Per Michael Pettis, the Chinese higher ed system lacks innovation skills because their entrance exams emphasize rote learning and their colleges follow the same paradigm. Manufacturing, technology, engineering is over emphasized. Service sector and consumer driven products suffer as a result regarding innovation as well.

yippee
yippee
1 day ago
Reply to  FDR

pettis is alright. but asia times has a much better grip on the ground. we shall see. of course china is going through booms and busts like usa did in 1800s and early 1900s due to their development status.

FDR
FDR
1 day ago

Can’t pipelines be bombed, power stations blown up that pump the oil through the pipes, and/or cyber attacked, blown up by commandos, etc?

Bessent is probably right that some of the GCC will try pipelines but that is two or more years away. In the meantime the US and its “ allies” are running out of diesel, jet fuel and heating oil not to mention natural gas for W. Europe this coming winter?

What is the plan, Mr. Secretary to get more blended crude out of the Middle East since Iran has said this weekend no oil for the US or it’s allie’s? What about other commodities that are transited on barges? What about components for fertilizer? What about packaged food?

Why weren’t those questions asked by large swaths of the brain dead MSM?

Quatloo
Quatloo
1 day ago
Reply to  FDR

The only plan is to wait for Iran to give up and cut a deal favorable to the US.

Seriously.

FDR
FDR
1 day ago
Reply to  Quatloo

Agreed and that maybe their plan at this juncture but that is what is called a debacle, fiasco, etc.

jackula
jackula
1 day ago
Reply to  Quatloo

More likely Trump will give up due to the western financial system about to turn into smoking ruins

Jojo
Jojo
20 hours ago
Reply to  jackula

And all you leftist socialists continuing nipping at his ankles as you pray that the USA fails.

Jon
Jon
17 hours ago
Reply to  Jojo

Fails at what? Shutting down unnecessary wars, reducing our budget deficit and debt, and rebuilding our own country?

yippee
yippee
1 day ago
Reply to  Quatloo

bessent and trump and company are just carrying the water for operation epstein which the zionists are running. nothing more. bessent is a pillow biter who probably fantasizes about having daddy potus donald, put him over his lap and spank his bare ass.

Jojo
Jojo
20 hours ago
Reply to  FDR

What’s the plan? Pay the price to reign in the Islamic Regime or get a bike.

FDR
FDR
14 hours ago
Reply to  Jojo

Live up to the signed MOU, declare victory and go home.

peelo
peelo
15 hours ago
Reply to  FDR

Deft move by Europe maybe to not back Trump here. That may get it oil.

CJW
CJW
1 day ago

Bessent, Trump, and their gang will become irrelevant in a few months.

Last one down the toilet bowl wins?

Rogerroger
Rogerroger
1 day ago

Well this is one way to get our troops out of the middle east.
Looks like just just taking your ball and going home is a win these days. Spinspin spin

cambeiu
cambeiu
1 day ago

1 – Iran and their proxies can still close the Bab-el-Mandeb Strait.

2 – Fertilizers and aluminum cannot be send via pipeline. They must sail via ships through Hormuz.

3 – The entire Gulf oil infrastructure, including pipelines to the Red Sea, remain vulnerable to Iranian missiles and drones. The only reason why they are still intact is the fact that Iran has Hormuz as leverage. If Hormuz ever stops being relevant, Iran will shift to attacking the infrastructure.

Last edited 1 day ago by cambeiu
whirlaway
whirlaway
1 day ago

These guys are REALLLLLLLL specimens! Each one outdoing the other, day after day after day.

Tony Frank
Tony Frank
1 day ago

This response should not be a surprise to anyone paying attention. Lip service and threats might make good headlines but failure in these efforts is the end result most of the time with this group.

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