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But U.S. crude oil futures tumbled and energy stocks posted muted declines after Iran launched missiles at a U.S. base in Qatar and at Iraq. Plus: Tesla shares rose after it debuted its robotaxi service. And stock in Hims & Hers slid after Novo Nordisk ended their partnership. Danny Lewis hosts.
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On Saturday night, June 22, President Donald Trump’s Operation Midnight Hammer sent a message to Tehran, and the world, that can’t be ignored.
Seven Missouri-based B-2 bombers dropped 14 bunker-busting bombs on Iran’s Fordow nuclear site, while U.S. Navy vessels launched a barrage of cruise missiles at other strategic nuclear infrastructure.
Victor Davis Hanson explains what just happened—and what could come next—on today’s episode of “Victor Davis Hanson: In His Own Words.”
“ [Iran] must know that people are angry. That over 50 years, nearly, they spent a trillion dollars subsidizing the Houthis, Hezbollah, Hamas, the Assad dynasty. And for what? It's all up in smoke. And then they probably lost another trillion dollars, over 50 years, through sanctions and oil embargoes. For what? It's up in smoke.
“ Right now the ball is in the court of Iran. Trump has said to them, you can come back and negotiate. But, what would they negotiate over? Their one card was that we have the specter of a nuclear bomb. So, you better come to us and talk. They don't have that anymore. At least not for the foreseeable future. The only negotiable item is whether they survive or not.”
(0:00) Trump's Bold Military Move in the Middle East
(0:57) Historical Context of U.S. Actions in the Middle East
(2:23) Details of the Recent Military Operation
(4:34) Potential Repercussions and Future Speculations
(5:55) Iran's Next Move and Global Reactions
(6:39) Israel and U.S. Stature Post-Operation
👉 This episode is sponsored by the Pepperdine School of Public Policy. Learn more: https://go.pepperdine.edu/dailysignal
👉Don’t miss out on Victor’s latest videos by subscribing to The Daily Signal today. You’ll be notified every time a new piece of content drops: https://youtube.com/dailysignal?sub_confirmation=1
👉If you can’t get enough of Victor Davis Hanson from The Daily Signal, subscribe to his official YouTube channel: https://youtube.com/victordavishanson7273
👉He’s also the host of “The Victor Davis Hanson Show,” available wherever you prefer to watch or listen. Links to the show and exclusive content are available on his website: https://victorhanson.com
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Today, Iran fired missiles at a U.S. military base in Qatar. Officials said Iran also fired on Iraq. The attacks were in retaliation for a strike over the weekend that hit three of Iran’s nuclear facilities, authorized by President Trump. WSJ’s Shayndi Raice reports on how Iran got backed into a corner and has been forced to decide whether or not to escalate into a broader war. Jessica Mendoza hosts.
Further Listening:
-Iran May Be Running Out of Options
-Iran and the U.S. Were Set to Negotiate. Then Israel Attacked
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Our socialist transit systems are an ongoing failure made worse by even more government intervention. We should not be surprised, then, when political leaders insist that the real problem is the lack of a political will to spend even more money on government enterprises.
Original article: https://mises.org/mises-wire/disasters-government-enterprise
When we last recorded Saturday night, the U.S. had just announced its strike on Iran’s nuclear facilities. The U.S. had entered the war. The restrainers had seemingly lost.
In the following hours, President Donald Trump said the mission was a “spectacular military success.” And Defense Secretary Pete Hegseth said the program “obliterated” Iran’s nuclear sites.
But there’s much more to that story than meets the eye. As Jay Solomon wrote in our pages: Before the U.S. struck, 16 cargo trucks entered the fortified mountain complex and moved unidentified equipment to another location. Are the sites destroyed or merely damaged? Was enriched uranium smuggled out? It all remains unclear.
Now the war is heating up. Israel has expanded its bombing campaign beyond nuclear facilities to hit regime targets. Qatar has closed its airspace. And just as we write this, Iran has reportedly fired toward Qatar and Iraq.
It all begs the question: Was the strike on Iran’s Fordow Fuel Enrichment Plant the end of this war—or just the beginning? And what comes next?
To understand the state of the nuclear facilities and the state of the war, we’ve brought together three of the most well-read experts: Michael Oren, Jay Solomon, and Matti Friedman.
Oren is the former Israeli ambassador to the U.S. He served from 2009 to 2013. He is also a former Knesset member. He is the author of many books, including Ally: My Journey Across the American-Israeli Divide.
Solomon is an investigative journalist who has covered Iran and the region for decades. He just published an explosive piece for The Free Press titled “Did Iran Just Sneak Out Critical Nuclear Material from Fordow?”
And, Friedman is our Jerusalem-based columnist, and the author of four books, including his latest, Who by Fire: Leonard Cohen in the Sinai. He just wrote “After the Bombs: American B-2s Just Changed the Middle East. Now It’s Time to Return the Region to the Humans Who Live Here” for our pages.
We’ll note we recorded this Monday morning, starting around 11 a.m. ET, as a Free Press Live event. To join these, you just need to do one thing—and that’s become a Free Press subscriber.
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FICO turns to BNPL data and Fiserv embraces a new stablecoin.
Andy Cross, Jason Hall, and Matt Frankel discuss:
- FICO to include BNPL data
- The importance of Tesla’s robotaxi
- Tesla’s advantages and challenges in self-driving
- Fiserv launches its own stablecoin
Companies discussed: FICO, TSLA, GOOGL, UBER, FI, PYPL, CRCL, SHOP
Host: Andy Cross
Guests: Jason Hall, Matt Frankel
Engineer: Dan Boyd
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Plus: German auto-parts company Continental pushes into semiconductors. And the world’s biggest digital camera releases its first photos of deep space. Victoria Craig hosts.
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