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April 28

The Reign of the War Profiteers | Consor
We are witnessing an unprecedented shift of resources from domestic investments in the United States to the military-industrial complex (aka the war machine). The current buildup is breathtaking in scope and will certainly prove devastating in its impact — not just on this country’s foreign and domestic policies but also on the economic prospects of average Americans.

Jeff Bezos Is Targeting $100 Billion To Acquire And Automate The Manufacturing Sector
The startup is building AI systems aimed at the physical economy, designing models that can understand and simulate real-world engineering environments rather than relying solely on digital data. It is targeting manufacturing behind jet engines, semiconductors, automobiles, and spacecraft, with the goal of making production faster and less resource-intensive.

War Profiteers and the Demise of the US Military-Industrial Complex | Orlav on 2019
The Russian military-industrial complex is fully owned by the Russian government and works exclusively in its interests; anything else would be considered treason. But the US military-industrial complex is evaluated based on its… profitability! It would be one thing if each defense contractor simply took its cut off the top, but instead there is an entire food chain of defense contractors, all of which are legally required, no less, to maximize profits for their shareholders. More than 28,000 companies are involved, but the actual first-tier defense contractors with which the Pentagon places 2/3 of all defense contracts are just the Big Six:

Ed Zitron: AI's Economics Don't Make Sense
I think it’s inevitable that the majority of AI subscriptions move to token-based billing, especially as both Anthropic and OpenAI have now done so with their enterprise customers. \\\ KR: This is a long, sobering piece about the future of AI. Bye, bye Oracle.

AI's biggest critic has lost the plot
Zitron’s theory is that OpenAI is straightforwardly lying.

OpenAI’s Q4 2026 IPO Might not Happen
There's a lot of palace intrigue at OpenAI but dig deeper and there are structural issues the press ignores

S&P   Oil   FX   Gold   BTC  10Y
S&P is down 0.66% | 12:09
Oil rises 3.61% to almost $100 Gold is down more than 2% on inflation fears
AAA up to $4.176, highest since start of war

Tech companies weighed on US stock indices as sharp losses for AI companies. Reports indicated that OpenAI missed its own targets for user acquisition sales. The developments magnified recent skepticism on whether the surge in AI capital expenditure is warranted, triggering selling pressure for software companies and hardware producers alike.

Conference Board Confidence Unexpectedly Jumps To 92.8, Highest In 2026
ADP says private employers added an average of 39,250 jobs per week in four weeks
Brent at 2-week high after Iranian proposal to reopen Hormuz gets a chilly reception
OpenAI-Linked Stocks Slump on Report of Startup Missing Targets | Clima

UAE Leaves OPEC and OPEC+ in Huge Blow to the Cartel. What’s That Mean? | Mish
Putin Signals Support for Iran in Standoff With U.S. | OilPx

We are merely weeks away from irreversible capacity loss across the entire Persian Gulf

US Government Sold $524 Billion of Treasury Securities this Week. Inflation to Surpass T-Bill Yields | Wolf
US Carrier Groups in Position for Next Round | Simpl
It is likely that Trump will try one last gamble of US air strikes | John

What Anthropic’s Mythos Means for the Future of Cybersecurity
Two weeks ago, Anthropic announced that its new model, Claude Mythos Preview, can autonomously find and weaponize software vulnerabilities, turning them into working exploits without expert guidance.

The Transformation of the Vulnerability Researcher.
AI-based hacking benefits defenders as well as attackers. In this scenario, AI empowers defenders to do more.

The End of Human Content Creators: Why Big Tech Is Gearing Up for a Post-Human Future
Platforms are systematically devaluing human creators to make room for AI avatars that never demand payment, never take sick days, and never push back against censorship.

Debt Rattle
* The moral relativism that has taken over the American left. If capitalists are “social murderers,” then why not kill them?
* Trump’s Prescription Drug Policies Make Small-Town Pharmacies Great Again (JTN)

A Nation Divided: The Chilling Embrace of Political Violence in the United States | Turley
One prior poll shows a quarter of Americans supporting political violence.

President Trump might have to use the Insurrection Act | Kunst
to stop what has been an ongoing coup against his elected administration by an opposition party that has turned criminal and traitorous. He may have to convene extraordinary military tribunals to adjudicate crimes that include those committed by the federal judiciary itself. If he does all this, it must include an executive order mandating common sense election procedure for the midterm:

Why Iran Can’t Be Bombed, Invaded, or Nuked Into Submission

Dr. Fauci’s Right-Hand Man Indicted By DOJ | TrendP

Chud: Used to describe someone who is repulsively unattractive.
Gorm: A person who lacks any common sense and is generally brainless


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