Bandits are making out like bandits

The fabulist residing at 1600 Pennsylvania Ave. “made 13 posts in an hour” Friday celebrating his greatness. (That’s His Greatness.) Ron Filipkowski compiled the lot:
- “Iran has agreed to never close the Strait of Hormuz again. It will no longer be used as a weapon against the World!
- “A GREAT AND BRILLIANT DAY FOR THE WORLD! DJT”
- “Now that the Hormuz Strait situation is over, I received a call from NATO asking if we would need some help. I TOLD THEM TO STAY AWAY, UNLESS THEY JUST WANT TO LOAD UP THEIR SHIPS WITH OIL. They were useless when needed, a Paper Tiger!
- “Again! This deal is not tied, in any way, to Lebanon, but we will, MAKE LEBANON GREAT AGAIN!”
- “Iran, with the help of the U.S.A., has removed, or is removing, all sea mines! Thank you!”
- “Thank you to Saudi Arabia, UAE, and Qatar for your great bravery and help!”
- “The U.S.A. will get all Nuclear “Dust,” created by our great B2 Bombers – No money will exchange hands in any way, shape, or form. This deal is in no way subject to Lebanon, either, but the USA will, separately, work with Lebanon, and deal with the Hezboolah situation in an appropriate manner. Israel will not be bombing Lebanon any longer. They are PROHIBITED from doing so by the U.S.A. Enough is enough!!!”
- “The Failing New York Times, FAKE NEWS CNN, and others, just don’t know what to do. They are desperately looking for a reason to criticize President Donald J. Trump on the Iran situation, but just can’t find it. Why don’t they just say, at the right time, JOB WELL DONE, MR. PRESIDENT, and start to gain back their credibility???”
Speaking of credibility, the Strait of Hormuz is an open and shut case that His Greatness has none.
From The Washington Post this morning, Breaking: Iran says it’s closing Strait of Hormuz again, citing U.S. blockade:
Iran’s military announced it has closed the Strait of Hormuz just a day after the country declared the waterway open, claiming the U.S. had breached Tehran’s trust by maintaining its blockade in the region.
The Strait of Hormuz had “returned to its previous state” and “is under the strict management and control of the Armed Forces,” Iran’s military command said Saturday, according to a statement published by Iranian state-backed media.
“Trump keeps claiming victory in Iran,” a headline at Politico reads. “Our new poll shows voters aren’t buying it.”
Neither are the Iranians:
Iranian officials did not confirm most of Mr. Trump’s claims and disputed several of them. Mohammad Bagher Ghalibaf, Iran’s top negotiator and the speaker of its Parliament, said on social media Friday evening that Mr. Trump made several false claims.
“The president of the United States made seven claims in one hour, all of which are false,” said Gen. Ghalibaf, a military and political influential figure in Iran leading negotiations. “They did not win the war with these lies, they will certainly not get any where in negotiations either.”
Who is buying Trump’s total victory BS? The stock market. The Washington Post reports that investors most distant from the oil production and processing business seem less concerned about the realities of what’s been damaged and how long “it will take for things to return to normal — if they ever do,” said Gerry Morton, oil and gas co-chair at the law firm Baker Botts. Underlying problems signal “a reckoning in the not too distant future,” the Post reports.
Until then, “US stocks rally and return to where they were before the US-Iran war.” For illustration, here’s what the one-year tracker on my retirement nest egg looks like since Trump launched his unsanctioned war on Feb. 28:

Thirty years ago, then-Federal Reserve Board chairman, Alan Greenspan, described that kind of investor behavior as “irrational exuberance.” Under a Trump administration, one might call it market manipulation. Somewhere close to Trump’s inner circle (and to the buffet line at Mar-a-Lago), bandits are making out like bandits.
Update: Container ship reportedly hit by ‘unknown projectile’ in second incident in Strait of Hormuz














