Thursday, March 12, 2026

Overnight -- Literally Every Country In The Mideast Was Struck By Iranian Drones In Past 24 Hours -- March 12, 2026

Locator: 50198EPICFURY.

Meme. Wrong. "The biggest winner in the Mideast War: Russia." At the moment, I would say the biggest winner is Israel and it's not even close. For Israel, it's an existential issue.  

Hegseth: in the middle of a war that the US could very well lose, Hegseth is now on a mission to take on the "JAGs" across the entire War Department. We might need a few of those JAGs following:

  • US strike on girls' school in Iran, using outdated maps? 
  • US sinking of an Iranian training vessel off the coast of India? 
    • it's being reported that one "general [more likely an admiral] said its more fun to sink a ship than capture a ship" 
    • more likely apocryphal but the damage has been done 

Mideast: literally, every country in the Mideast was struck by Iranian drones in the last 24 hours.

  • Iran: hoping that the entire Mideast politely asks the US to declare the war over and to go home. 
  • we'll know more by Monday 
  • could cheap drones take out floating mines had we focused on that technology? 
  • how many mine-sweepers does the US have in the Strait? 

Whose decision was this?

UN: Security Council passes resolution condemning Iranian's actions, neither Russia nor China veto the resolution! 

Reporting: the press is doing a superb job reporting strikes in the Strait of Hormuz; not hearing one thing about continued B-1, B-2, B-52 attacks on Iran. 

Random note: not letting the US Marines blockade the coast of Iran was mistake #1, but administration was focused on body counts. 

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Meanwhile, Somewhere in the US

Could be anywhere. Most likely New York City, Los Angeles, or Albuquerque.  Name three places I would prefer not to live.

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Ticker

Amgen: 

  • the 37% gain in six months did not excite me:
  • the $101 increase in value over six months really excited me;
  • currently paying 2.67% (not too shabby), it was paying 4% when it was trading for $260