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Markets and US Allies Rattled By Trump's Erratic Iran Moves – The Friday AM Quickie 3/27/26

By Corey Pein —

Sam was right: Bill Maher schmoozed his way into winning the Mark Twain Prize for American Humor. How utterly ignominious! That's it from me, Whitney's back Monday. - Corey

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THE BIG NEWS

War on Iran: 10,000 More US Ground Troops Headed to Middle East

  • Struggling to Calm Markets, Trump Again Delays Attacks on Iran Energy Sites for Another 10 Days "The market isn't being erratic, this is what an efficient market looks like in the face of radical uncertainty," says investor Steven Grey. "The market’s confusion is entirely rational." via the Associated Press, the Financial Times, and the Wall Street Journal.
  • US Allies, Frenemies, and Rivals Bewildered By Trump Regime's Diplomatic Ignorance and Erratic Moves "'I have no idea what they are trying to do,' an Asian diplomat said, referring to US objectives toward Iran and the confusing messaging from the White House about the possible next stage in the conflict." via the New York Times, Politico, and HuffPost.
  • Turkey, Egypt, and Pakistan Are Pushing Peace as Saudi Arabia and UAE Agitate for 'a Decisive End to the War' Pakistan seems to have earned its seat at the table after cutting a Midtown Manhattan real estate deal with Trump's "special envoy," Steve Witkoff. via the Wall Street Journal, the Washington Post, the New York Times, and the Financial Times.
  • 'The Tehran Toll Booth': Iran Has a New System for Letting Ships Pass Through the Strait of Hormuz "Some ships have paid as much as $2 million to Iran to ensure safe passage through the Gulf, according to Lloyd's List Intelligence and one person with knowledge of a shipowner whose vessel has made it through." via the AP, NBC News, and the Financial Times.
  • War Disrupts Supplies of Fertilizer and Helium, Risking Food Price Spikes and Medical Technology Shortages "'The food system is fragile, and it depends on stable fertilizer supply chains to ensure farmers can produce the food the world relies on,' said Hanna Opsahl-Ben Ammar of Yara International, one of the world's largest fertilizer companies." via the AP and Al Jazeera.
  • Israel Sends Another Military Division to Occupy Southern Lebanon "Amnesty International also warned that the destruction of bridges and homes in southern Lebanon reflected Israel's 'record of atrocity crimes' in the Gaza Strip, where it has carried out a genocidal war against Palestinians since October 2023." via Al Jazeera and the AP.
  • Pentagon May Send Weapons Meant for Ukraine to the Middle East Instead Meanwhile, "European allies are increasingly concerned that Russia is preparing to deliver advanced drones to Iran." via the Washington Post and the New York Times.
  • Young Fascists at CPAC Vent About Trump's 'Betrayal' in Launching Iran War Meanwhile, Alaska Republican Sen. Lisa Murkowski "is working with a group of senators on a formal authorization for the use of military force against Iran, but has yet to introduce the resolution." via the AP, the Washington Post, and the New York Times.

Bruce Springsteen to Perform 'Streets of Minneapolis' at Flagship No Kings Rally

More than 3,100 No Kings protests will be held across all 50 states tomorrow, and the Associated Press reports that more than 9 million people are expected to participate. At the Minnesota State Capitol in St. Paul, the flagship rally, 100,000 people may attend, and enjoy a performance from Bruce Springsteen, who will perform a song dedicated to "our innocent immigrant neighbors and in memory of Alex Pretti and Renee Good." Joan Baez and Vermont independent Sen. Bernie Sanders will share the stage with The Boss.

"You want to try to meet the moment," Springsteen tells the Minnesota Star Tribune. "The No Kings movement is of great import right now." Find your nearest protest via the No Kings website.

FBI Records Suggest Grounds for a New Trial in Prairieland 'Antifa' Case

Government prosecutors withheld exculpatory evidence in the trial of nine "antifa" defendants convicted of terrorism-related charges this month over a 2025 shooting at the Prairieland, Texas, ICE concentration camp. That's according to an investigation by In These Times and Type Investigations, which says FBI records "contradict the government's claim that antifa poses an existential threat to national security" – and that those records should've been included in the discovery phase of the trial. The report states:

"Records from an FBI investigation out of the Dallas field office that ended in 2018 reveal that, under Trump's first term, the bureau had investigated ​'Antifa DFW' (and several allegedly related entities, including Dallas Workers Front, Dallas Antifa, Antifa Dallas, Dallas Antifascist and DFW Anti-Fascist League) and found that the group and its affiliates posed no threat to national security. This determination prompted the bureau to formally close the investigation. ...
"'The prosecution broke the law when it hid this evidence from the defense,' said Texas attorney George Lobb, who is representing one defendant in the state’s case. ​'This internal FBI document shows the government lied about the defendants, because it presents a position contrary to what the prosecution alleged at trial. The prosecutors should be removed from this case and a new trial should be granted immediately.'"

QUICKEST QUICKIES

  • TSA Agents Will Be Paid 'Immediately' Under Emergency Order, Trump Says The Senate departs today for a two-week recess, and it's unclear whether senators will stay in Washington, DC to work toward a deal to end the Homeland Security shutdown. via the Washington Post, NBC News, and HuffPost.
  • Trump Is Adding His Signature to Newly Printed US Currency Ohio Democratic Rep. Shontel Brown calls the plan "gross and un-American. But at least it will remind us who to thank when we pay more for gas, goods, and groceries." via the New York Times and the Associated Press.
  • Two Boats Carrying Aid to Cuba Go Missing Meanwhile, "rapidly deteriorating conditions at hospitals and clinics across Cuba [are] causing deaths that would otherwise be preventable." via Reuters, the New York Times, and the AP.
  • Bipartisan Senate Bill Would Ban Insider Trading on Prediction Markets The bill from California Democratic Sen. Adam Schiff and Utah Republican Sen. John Curtis part of a slew of legislation aimed at getting a handle on America's fast-growing gambling problem. via HuffPost and Politico.

SOME NUMBER

5

That's how many minutes Donald Trump rambled about Sharpies in a cabinet meeting yesterday, according to the Associated Press. "The bottom line is: They're better pens," he said, per the New York Times. "It's a business story. So for $5, it could be zero, but for $5, I get a much better pen than for $1,000."

In the same meeting, he also threatened to deploy federalized forces to Los Angeles and San Francisco, the LA Times reports.

ON THE SHOW TODAY

3/27: Sam and Emma will be in studio; the guest will be Hasan Piker, Twitch streamer and political commentator.

DON'T MISS MR CLIPS‌

Janet Mills DISASTROUS Maine Senate Town Hall

Phoning it in, literally.

The Moment PBD's Audience Turned on Adam Sosnick...

I don't know of another podcast host whose No. 1 job seems to be to derail the conversation.

PARTING WORDS

"What she did yesterday was every parent's nightmare."
"This is exactly what Big Tech wants to create: a sense of a society that is being led by and taught by robots, displacing every bit of all of who we are, starting with education."

-- American Federation of Teachers President Randi Weingarten, denouncing Melania Trump's promotion this week of an AI-powered humanoid robot as a replacement for teachers, per NBC News. Meanwhile, Education Secretary Linda McMahon announced that her department would be vacating its Washington, DC headquarters to make room for the Energy Department.

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