Changed the title of my posting today several times.   Why Democracy?  Still celebrating the recovery of the USA on November 3.   Why Iran?  Looks like they "won" their war against the USA and Israel. One fallout from the midterms is that President Donald Trump will be stuck with a Democratic Congress that will force him to end this war. Netanyahu is in big trouble. Polymarket has Gadi Eisenkot at 62.7% to become the next prime minister of Israel. Kalshi has Eisenkot at 49%,  with NO ONE 37% and Netanyahu 8%. Then there is Stephen Miller, who on Monday will become the new Chief of Staff to President Donald Trump: Miller, only 41 years old, is Trump's attack bulldog. He represents the epitome of cruelty in the White House, even more so than Trump. “Stephen Miller is a dangerous xenophobe and reckless extremist who has American blood on his hands,” tweeted top House Democrat Hakeem Jeffries (D-NY). He is why ICE is so hated. So if the President wanted ...

Today, gambling....the casino kind and more.  But first, a few more things about petroleum, my feature yesterday:  Iran warns oil could hit $200 as it fires on merchant ships . WTI Crude Oil dropped from $110/barrel ( price just before the market re-opened on Monday ) to $82/barrel yesterday, but increased to $87/barrel today. The stabilization occurred because Donald Trump said this would be a short war, plus the International Agency recommended the release of 400 million barrels from global strategic reserves.  Note that the world roughly produces 106 million barrels of oil/day, and the USA is #1 with 13.6 million barrels/day.  Amazingly enough, North America is the largest oil-producing region, with over 31 million barrels/day. The world strategic petroleum reserve holds over 2 billion barrels, of which 20% will be released.  The USA has 415 million barrels in Gulf Coast salt caverns, which are designed to hold 714 million barrels.   President Trump...