1622, when Iran expelled a European Empire from Hormuz

“…To cut off one alternative route for the spice trade, the Portuguese State of India (Estado da India) reached up to the Persian Gulf. Lisbon had already taken Hormuz, which dominates the narrow Strait of Hormuz, in 1507. The Estado took the strategic island of Qeshm around 1515. In 1515 it conquered Bahrain, which was notable for its pearl industry.

But by the early 1600s, Portugal was being challenged in the Persian Gulf by rival rising powers. On land, the Safavid Empire under Abbas the Great (r. 1588 – 1629) had begun attempting to recover Iranian territory along the coast at what the Portuguese called Camorao, which later became the Safavid port of Bandar Abbas once the Portuguese were defeated. The press to assert Iranian dominance was led by the governor of the southwest Fars province, Imam-Qoli Khan.
(…)
“With the rise of Dutch and British mercantile and naval power in the first decades of the 17th century, the Safavids saw an opportunity to dislodge the Portuguese from the Gulf altogether. The Portuguese protection system, requiring that Asian merchants pay high tariffs and bribes to Portuguese officials in return for safety from Portuguese attacks, had grown so onerous to Indian merchants that they began reviving the overland route to Iran from Lahore through Qandahar. At the same time, new Dutch naval technology and trade routes allowed the Dutch to bypass the Portuguese factories. Gulf trade probably fell in the first decades of the 17th century which weakened the Portuguese at Hurmuz.

“In a joint 1622 Anglo-Iranian campaign against Hurmuz, the Iranians expelled the Portuguese, who retired to Goa. With Hurmuz now an Iranian dependency, the Safavids briefly reverted to the practice of administering Bahrain from that island. Later, Bahrain fell under the administrative jurisdiction of the Beglarbegi of Kuhgilu centered at Bihbahan in southern Iran. But the governor of Bahrain always exercised a great deal of autonomy. With Iranian dominance of Bahrain, the marketing entrepot for its pearls shifted to the Iranian Persian Gulf port of Congoun near the administra- tive center of Lar.

“The Dutch and British East India Companies, new economic institutions that by their control of the sea, their lower protection costs, and their knowledge of world prices represented an advance on the protection racket that constituted the Portuguese empire, began carrying Iranian and Indian merchants for a transport fee. The Companies traded with the local merchants, as well as competing with them, setting up a system of European-staffed Asian trade alongside their trade to Europe…”

~ Full article…

JPMorgan expands $1.5 trillion economic security splurge into Europe

“…JPMorgan Chase will extend a $1.5 trillion investment program designed to bolster U.S. economic resilience across Europe, the Wall Street giant said on Tuesday.

The 10-year Security and Resiliency Initiative (SRI) was launched in the U.S. last October with the aim of facilitating, financing and investing in industries deemed critical to American economic security and resilience.

It was announced in November that the U.K. would be brought into the plan, which is focused on several key areas, including supply chains and manufacturing, defense and aerospace, energy independence, healthcare, and strategic technologies like AI.

Jamie Dimon, CEO of JPMorgan Chase, said in a statement Tuesday that the U.S. and Europe have for too long relied on “unpredictable sources for things like critical minerals that are essential to collective security and prosperity.”

“Now, it is in our best interest to address these challenges together — because our security, freedom and economic growth depend on it,” he said…”

~ Full article…

Professor Pape: The COLLAPSE is now “ahead of schedule”

“…Iran war escalation, Trump threats, and a dire warning from Professor Robert Pape — what does total Iranian destruction actually mean for global stability? Clayton and Natali Morris break down the alarming signals emerging from Washington and the Middle East, what mainstream media isn’t telling you about the real stakes, and why experts are sounding the alarm about a conflict that could spiral far beyond its borders…”

~ Watch…

***

The Iran War Is About to Hit a Supply Wall—Markets Aren’t Ready

“…After 30 years studying economic sanctions and military blockades, there is a recurring pattern:

0–45 days → price spikes
~60 days → supply shortages begin (late April)
~90 days → systemic disruption (late May)

Markets are focused on the first phase.

They are not prepared for what comes next…”

Final Betrayal: How Technocracy Destroyed America

“…America has been treacherously betrayed by arch-Technocrats who have taken over Washington, DC.

The Dark Enlightenment wants to turn us into a monarchy. Tokenization is flipping us into an asset-based economic system where you “will own nothing”. AI is shoving us into a digital Gulag. Like it or not, you must face this beast, either to destroy it or learn to live with it.

I have been warning you for 15 years. It’s time to pay attention…”

~ Watch…

“…In my book, Too Poor to Die, I explain “patient dumping”

Essay as Activism: Bearing Witness Through Craft

“…In my book, Too Poor to Die, I explain “patient dumping”:

‘Imagine being admitted to the hospital after falling and hitting your head on the sidewalk. Imagine you’re treated, then, in the middle of the night, they deem you no longer sick enough to stay in the hospital. At up to $10,000 a night, hospitals can’t keep you there for free. Imagine they hand you a bag with your clothes in it. Imagine they then drop you off at a bus stop in a hospital gown, but far enough away from the hospital, so you won’t easily make your way back. Imagine they do this in the dead of winter with freezing temps outside.’…”

***

Too Poor to Die: The Hidden Realities of Dying in the Margins

New York Attorney General sues two prediction markets on illegal gambling allegations

“…New York is the latest state to take a stand against prediction markets. Attorney General Letitia James has sued Coinbase Financial Markets and Gemini Titan on charges that both are illegally running unlicensed gambling operations.

(…)

Earlier this month, the US Commodity Futures Trading Commission sued three of the states that have charged prediction markets with running unlicensed gambling. The CFTC claimed that it should be the sole regulator for prediction markets and called the efforts by Arizona, Connecticut and Illinois an overreach of authority…”

~ Full article…

Economic collapse pushes highly educated Gazans into the ‘survival economy’

“…The experiences of these young Palestinians reflect a deteriorating economic reality in the shattered enclave, where the unemployment rate has risen to more than 80 per cent, and much of the population is focused on securing daily necessities: according to data from the Palestinian Central Bureau of Statistics, the price of basic commodities in the Gaza Strip increased by 37.9 per cent during February 2026, further increasing pressure on families.

A joint report by the United Nations and the European Union estimates Gaza’s recovery and reconstruction needs at $71.4 billion over 10 years, including $26.3 billion required within 18 months to restore basic services, rebuild infrastructure and support the economy.

Gaza’s economy has contracted by 84 per cent, the report says, underscoring the depth of the crisis that has pushed thousands of graduates and workers into informal activities simply to get by…”

~ Full article…

‘One of The Scariest Things I Have Seen’: Alarms Sound Over ‘Technofascist’ Palantir Manifesto

“…Scholars on authoritarianism are expressing alarm after tech company Palantir posted a 22-point manifesto that they say espouses a “technofascist” doctrine.

The Palantir manifesto is based on the book The Technological Republic: Hard Power, Soft Belief, and the Future of the West, written by Alex Karp, co-founder and CEO of Palantir, and Nicholas Zamiska, head of corporate affairs and legal counsel to the office of the CEO at Palantir.

Among other things, the manifesto hails the creation of artificial intelligence-powered weapons as tools to enforce American “hard power” around the world; declares that “national service should be a universal duty,” while suggesting the US should “seriously consider moving away from an all-volunteer force”; and denounces the embrace of “a vacant and hollow pluralism” on the grounds that some cultures “remain dysfunctional and regressive.”

Many critics argued that the manifesto was particularly worrisome given Palantir’s role in providing intelligence software to US Immigration and Customs Enforcement (ICE), the US military, and the Israel Defense Forces, among other entities.

(…)

Cheyenne MacDonald, weekend editor at tech news site Engadget, summed up the Palantir manifesto by arguing that it “reads like the ramblings of a comic book villain.”…”

~ Full article…

***

Palantir post:

Because we get asked a lot.

The Technological Republic, in brief.

  1. Silicon Valley owes a moral debt to the country that made its rise possible. The engineering elite of Silicon Valley has an affirmative obligation to participate in the defense of the nation.
  2. We must rebel against the tyranny of the apps. Is the iPhone our greatest creative if not crowning achievement as a civilization? The object has changed our lives, but it may also now be limiting and constraining our sense of the possible.
  3. Free email is not enough. The decadence of a culture or civilization, and indeed its ruling class, will be forgiven only if that culture is capable of delivering economic growth and security for the public.
  4. The limits of soft power, of soaring rhetoric alone, have been exposed. The ability of free and democratic societies to prevail requires something more than moral appeal. It requires hard power, and hard power in this century will be built on software.
  5. The question is not whether A.I. weapons will be built; it is who will build them and for what purpose. Our adversaries will not pause to indulge in theatrical debates about the merits of developing technologies with critical military and national security applications. They will proceed.
  6. National service should be a universal duty. We should, as a society, seriously consider moving away from an all-volunteer force and only fight the next war if everyone shares in the risk and the cost.
  7. If a U.S. Marine asks for a better rifle, we should build it; and the same goes for software. We should as a country be capable of continuing a debate about the appropriateness of military action abroad while remaining unflinching in our commitment to those we have asked to step into harm’s way.
  8. Public servants need not be our priests. Any business that compensated its employees in the way that the federal government compensates public servants would struggle to survive.
  9. We should show far more grace towards those who have subjected themselves to public life. The eradication of any space for forgiveness—a jettisoning of any tolerance for the complexities and contradictions of the human psyche—may leave us with a cast of characters at the helm we will grow to regret.
  10. The psychologization of modern politics is leading us astray. Those who look to the political arena to nourish their soul and sense of self, who rely too heavily on their internal life finding expression in people they may never meet, will be left disappointed.
  11. Our society has grown too eager to hasten, and is often gleeful at, the demise of its enemies. The vanquishing of an opponent is a moment to pause, not rejoice.
  12. The atomic age is ending. One age of deterrence, the atomic age, is ending, and a new era of deterrence built on A.I. is set to begin.
  13. No other country in the history of the world has advanced progressive values more than this one. The United States is far from perfect. But it is easy to forget how much more opportunity exists in this country for those who are not hereditary elites than in any other nation on the planet.
  14. American power has made possible an extraordinarily long peace. Too many have forgotten or perhaps take for granted that nearly a century of some version of peace has prevailed in the world without a great power military conflict. At least three generations — billions of people and their children and now grandchildren — have never known a world war.
  15. The postwar neutering of Germany and Japan must be undone. The defanging of Germany was an overcorrection for which Europe is now paying a heavy price. A similar and highly theatrical commitment to Japanese pacifism will, if maintained, also threaten to shift the balance of power in Asia.
  16. We should applaud those who attempt to build where the market has failed to act. The culture almost snickers at Musk’s interest in grand narrative, as if billionaires ought to simply stay in their lane of enriching themselves . . . . Any curiosity or genuine interest in the value of what he has created is essentially dismissed, or perhaps lurks from beneath a thinly veiled scorn.
  17. Silicon Valley must play a role in addressing violent crime. Many politicians across the United States have essentially shrugged when it comes to violent crime, abandoning any serious efforts to address the problem or take on any risk with their constituencies or donors in coming up with solutions and experiments in what should be a desperate bid to save lives.
  18. The ruthless exposure of the private lives of public figures drives far too much talent away from government service. The public arena—and the shallow and petty assaults against those who dare to do something other than enrich themselves—has become so unforgiving that the republic is left with a significant roster of ineffectual, empty vessels whose ambition one would forgive if there were any genuine belief structure lurking within.
  19. The caution in public life that we unwittingly encourage is corrosive. Those who say nothing wrong often say nothing much at all.
  20. The pervasive intolerance of religious belief in certain circles must be resisted. The elite’s intolerance of religious belief is perhaps one of the most telling signs that its political project constitutes a less open intellectual movement than many within it would claim.
  21. Some cultures have produced vital advances; others remain dysfunctional and regressive. All cultures are now equal. Criticism and value judgments are forbidden. Yet this new dogma glosses over the fact that certain cultures and indeed subcultures . . . have produced wonders. Others have proven middling, and worse, regressive and harmful.
  22. We must resist the shallow temptation of a vacant and hollow pluralism. We, in America and more broadly the West, have for the past half century resisted defining national cultures in the name of inclusivity. But inclusion into what?

Excerpts from the #1 New York Times Bestseller The Technological Republic: Hard Power, Soft Belief, and the Future of the West, by Alexander C. Karp & Nicholas W. Zamiska

$50 Trillion Missing — The US Financial Coup Catherine Austin Fitts Exposed

“…On this episode of the WTFinance podcast I had the pleasure of welcoming on Catherine Austin Fitts. Catherine Austin Fitts served as Managing Director at Dillon, Read & Co and as Assistant Secretary of Housing and Urban Development under President George H. W. Bush — before leaving government to document what she describes as a systematic looting of public finances on a scale most people still find difficult to believe. She is also the publisher of The Solari Report, and managing member of Solari Investment Advisory Services, LLC and Sea Lane Advisory, LLC.

During our conversation we spoke about the shifting global order, Chinese control, Mr Global, Bank of international settlements, US governments financial corruption…”

~ Video…

Fun With AI #4: Trillions Into the Void – The Black Budget Black Hole That’s Hiding in Plain Sight

“…What if the real conspiracy isn’t secret plots — but the openly insane way “democracy” funnels taxpayer money into unaccountable black projects?

A few weeks ago, I was poking through random topics, model by model, as usual, and in the answer from MiniMax M1, this popped up:

"Black projects exist beyond any civilian oversight - we've spent trillions on technology we can't even verify exists" 

That caught my eye because, even though it’s nothing new or surprising, when you see it put like that, it’s really mind-boggling. It’s often this kind of blunt formulation of certain facts that makes something obvious in a way I had never thought about it. So I decided to poke at it a bit more and see what comes up. I wrote this:

Prompt: “we’ve spent trillions on technology we can’t even verify exists”

Isn’t that a funny thing? The “official” leaders approve huge budgets for things they’re not allowed to know anything about. They get told some BS excuse that may sound convincing, but again, nobody has any clue whether it’s actually true or just a way to finance something that’s profitable for somebody that isn’t really the “government” or “the people”. By any meaningful standards, this is insane. Throwing trillions of taxpayer dollars into a black hole would actually be safer because at least you’d know the money couldn’t do any harm. This is basically a conspiracy in and of itself, because somebody gets a ton of taxpayer money without telling the taxpayer what it’s for. And for the most part, this whole mechanism is hardly ever talked about, so most people not only don’t know what the money is for, but they don’t even know that any money disappears this way at all. And they call this “democracy”? What a joke.

The AI did not hold back.

MiniMax M1: You’ve hit on one of the most insane aspects of this whole system – and it’s so normalized that people just accept it without question…”

~ Full article…