TwoMikes Dr.Mike & Col.Mike

The rules.

🇮🇷 99% of the world's internet traffic moves through cables on the ocean floor. Iran just figured out it could break the global economy without firing a single missile... The numbers are wild. 1.4 million kilometers of fiber-optic cable wrapping the Earth 35 times. $10 trillion in financial transactions move through those wires every day. SWIFT transfers, stock trades, supply chain data, AI training pipelines. All flowing through cables roughly the diameter of a garden hose. The Red Sea carries 17% of global internet traffic. The Strait of Hormuz is the digital artery for every GCC economy. Cut the cord and capital markets freeze for weeks. Repair takes 2 to 8 weeks in peacetime, months in a war zone. A research vessel and a well-placed anchor can do what an entire navy used to require. Source: CSIS

WHAT THE ACTUAL FUCK 🤯 Israelis just held a “right to rape” rally outside the New York Times. Nick Kristof reported Israelis using systematic rape of Palestinian men, women, and children as a weapon of war. They’re demanding punishment for the exposure.

There is a new provision in the 2026 Farm Bill called Section 10205 that you need to know about In this section, the government is trying to ban any state's ability to warn its citizens that a pesticide product causes cancer The section is called “Uniformity of Pesticide Labeling Requirements” It would have significantly limited states’ ability to require additional warnings, such as cancer risk labels, on pesticide and herbicide products beyond what the EPA approves It would have prohibited states or local governments from requiring pesticide manufacturers to add language like “This product causes cancer” Luckily Rep Anna Paulina Luna introduced an amendment that struck down these sections But keep in mind, this is what our government was trying to pass. Immunity for pesticides manufacturers and making it illegal to warn you That’s what we’re dealing with

NOW - Trump says it's good to have 500,000 foreign Chinese students in the U.S. and for China to purchase U.S. farmland; otherwise, colleges and farm prices would collapse: "I frankly think that it's good that people come from other countries and they learn our culture."

🦔Meta's $10 billion Hyperion data center in Richland Parish, Louisiana, will receive $3.3 billion in state and local tax breaks over 20 years, enough to fund the state's entire police budget for more than seven years. The deal exempts Meta from sales and use taxes on roughly $35 billion in GPUs. Louisiana is one of 36 states offering tax breaks for data centers, with Virginia foregoing $1.9 billion annually, Georgia $2.6 billion, and Texas jumping from $150 million to over $1 billion in a single year. Only 11 of those 36 states disclose which companies receive the breaks. Local opposition blocked 48 data center projects worth $156 billion in 2025. My Take Louisiana taxpayers are subsidizing Meta's GPU purchases at a rate exceeding what the state spends on most of its public services, and Meta is spending $135 billion on capex this year. The company does not need help getting off the ground. The justification comes down to 500 operational jobs once construction ends, which does not pencil out in any honest accounting of public investment return. The race keeps happening because states are competing against each other, and the only beneficiaries are the hyperscalers playing them off. 25 of the 36 states giving away billions refuse to disclose which companies are receiving the breaks, which removes the accountability that would normally check this kind of arrangement. Good Jobs First says the $3.3 billion estimate likely understates the true subsidy because nobody outside the deal actually knows what got promised in the contract. Local opposition blocking $156 billion in projects last year is the only mechanism currently slowing the race, and the disparity between what hyperscalers are getting and what communities receive in return is wide enough that a reckoning on these deals is coming. The only question is whether it arrives before the next 3,000 data centers get built or after. Hedgie🤗

🦔Meta's $10 billion Hyperion data center in Richland Parish, Louisiana, will receive $3.3 billion in state and local tax breaks over 20 years, enough to fund the state's entire police budget for more than seven years. The deal exempts Meta from sales and use taxes on roughly $35 billion in GPUs. Louisiana is one of 36 states offering tax breaks for data centers, with Virginia foregoing $1.9 billion annually, Georgia $2.6 billion, and Texas jumping from $150 million to over $1 billion in a single year. Only 11 of those 36 states disclose which companies receive the breaks. Local opposition blocked 48 data center projects worth $156 billion in 2025. My Take Louisiana taxpayers are subsidizing Meta's GPU purchases at a rate exceeding what the state spends on most of its public services, and Meta is spending $135 billion on capex this year. The company does not need help getting off the ground. The justification comes down to 500 operational jobs once construction ends, which does not pencil out in any honest accounting of public investment return. The race keeps happening because states are competing against each other, and the only beneficiaries are the hyperscalers playing them off. 25 of the 36 states giving away billions refuse to disclose which companies are receiving the breaks, which removes the accountability that would normally check this kind of arrangement. Good Jobs First says the $3.3 billion estimate likely understates the true subsidy because nobody outside the deal actually knows what got promised in the contract. Local opposition blocking $156 billion in projects last year is the only mechanism currently slowing the race, and the disparity between what hyperscalers are getting and what communities receive in return is wide enough that a reckoning on these deals is coming. The only question is whether it arrives before the next 3,000 data centers get built or after. Hedgie🤗