Our forgotten first war against Islamic terrorists
Most Americans seem to have forgotten our first war against Muslims.
In the late 18th century, our objection to Islamist practice was their piracy and slaving against our ships and sailors in the Mediterranean Sea.
In 1794, provoked by Algerian captures of American ships, our Congress authorized construction of the first six ships of the U.S. Navy, including the U.S.S. Constitution, still in commissioned service and now docked in Boston.
In 1795, our diplomats negotiated treaties with the Muslim states of Algiers, Tunis, and Tripoli to pay them tribute for the privilege of free passage.
But in 1801, the Pasha of Tripoli, citing late payments of tribute, demanded additional money and declared war on the United States. The United States Marines defeated the Pasha’ forces with a combined naval and land assault. That short foreign conflict is remembered in the Marines’ Hymn in the words “to the shores of Tripoli.”
Earlier, in 1786, John Adams and Thomas Jefferson -- two prominent Founders of our country -- were in London seeking agreements with Muslim states on the North African coast of the Mediterranean Sea. On March 28th they wrote a letter to John Jay, then the American Secretary for Foreign Affairs, reporting on their difficulties:
…We had a conference with the Ambassador of Tripoli, at his House.
The amount of all the information we can obtain from him was that a perpetual peace was in all respects the most advisable, because a temporary treaty would leave room for increasing demands upon every renewal of it, and a stipulation for annual payments would be liable to failures of performance which would renew the war, repeat the negotiations and continually augment the claims of his nation and the difference of expence would by no means be adequate to the inconvenience, since 12,500 Guineas to his Constituents with 10 pr. Cent upon that sum for himself, must be paid if the treaty was made for only one year.
That 30,000 Guineas for his Employers and £3,000 for himself were the lowest terms upon which a perpetual peace could be made and that this must be paid in Cash on the delivery of the treaty signed by his sovereign, that no kind of Merchandizes could be accepted.
That Tunis would treat upon the same terms, but he could not answer for Algiers or Morocco.
Then the Americans asked the Muslim diplomat what justified his country’s seizures of ships and making slaves of their crew or passengers. The answer given by the Ambassador of Tripoli in 1786 was consistent with the 1988 Covenant of Islamic Resistance Movement (Hamas) on the right of Muslims to wage war on those who professed a different faith:
The Ambassador answered us that it was founded on the Laws of their Prophet, that it was written in their Koran, that all nations who should not have acknowledged their authority were sinners, that it was their right and duty to make war upon them wherever they could be found, and to make slaves of all they could take as Prisoners, and that every Musselman who should be slain in battle was sure to go to Paradise.
That it was a law that the first who boarded an Enemy’s Vessell should have one slave, more than his share with the rest, which operated as an incentive to the most desperate Valour and Enterprise, that it was the Practice of their Corsairs to bear down upon a ship, for each sailor to take a dagger in each hand and another in his mouth, and leap on board, which so terrified their Enemies that very few ever stood against them, that he verily believed the Devil assisted his Countrymen, for they were almost always successful.
Pedophile elites wanted to buy an Island, asked if it "comes with children".
Agent replied, the Island "does have a small school"
They don't know camera was rolling
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🇺🇸 #Oklahoma high school principal (Kirk Moore) seen charging at and disarming a school shooter.
The suspect, identified as 20-year-old Victor Hawkins, was a former student who said he wanted to shoot up the school “like the Columbine shooters did.” While taking down the shooter, Moore was shot in the leg. He is expected to recover.
When the Principal woke up that day, he never thought he would be tackling a gunman.
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Oilprice.com
Two months after the U.S. and Israel bombed Iran on February 28, the Strait of Hormuz remains closed for most tanker traffic, forcing more than 10 million barrels per day (bpd) of crude output shut-ins across the Middle Eastern oil producers.
The two-month-long closure of the Strait of Hormuz is longer than analysts had expected at the start of the war. Most assumed back then that the Strait would open by April and producers could restart shut-in wells in May.
Even if the Strait of Hormuz opened to free tanker traffic today, oil supply from the Middle East will take months to start flowing again and reach consumers in Asia, who were the first to feel the supply shock.
The longer the chokepoint remains off limits to most tanker traffic, the worse the scars would be on global supply and economic growth.
The restart of thousands of oil wells across the Middle East would be a big challenge. Some countries would need weeks, but others – like Iraq – many months to bring ...
🍚 War on Iran & El Niño threaten world rice production
Global rice supply is expected to decline this year as farmers across Asia reduce planting areas due to fertilizer shortages and higher fuel costs linked to the US-Israeli war on Iran, while an emerging El Niño weather pattern is also likely to further limit production of the world’s most widely consumed staple.
The impact of the war in West Asia is being felt by farmers in major exporting countries such as Thailand and Vietnam, as well as in import-dependent nations like the Philippines and Indonesia, according to growers and traders. Disruptions to fuel and fertilizer shipments through the Strait of Hormuz, a key global shipping chokepoint linking the Gulf to international markets, have contributed to the strain.
Smallholder farmers in Southeast Asia are also facing added pressure as El Niño is expected to bring hotter and drier conditions in the second half of the year.
🔗 The Cradle
🛢 “Why aren’t oil prices higher?” “How can the oil market be so complacent?”
Oil prices almost always trade to extremes. Right before it does, it always gets “obvious” from a fundamental setup standpoint.
I remember a great conversation I had with Nelson Wu of Open Square Capital about the oil market being analogous to toilet paper. You don’t realize how badly you need it until you run out of it.
Oil prices trade on the margin. As long as there are onshore inventories to draw from, traders don’t panic. It’s when you run low on onshore inventories that panic starts to set in.
Goldman published an update on Thursday that basically captured the storage math phenomenon that we are seeing:
Global visible total oil inventories remain bloated relative to historical standards. If, for example, we had started the conflict with global oil inventories at the 2025 lows, WTI and Brent would already be above $200/bbl.
The ~1.4 billion bbl cushion at the start of 2026 is what gave the US ...