Running Iron Report

We showed up early because we expected a crowd. We were right. There had been a bird nest over the front door to the Montana Club but in the opening hubbub, not nearly as violent as a Black Friday crush at Walmart, it crashed to the ground and was promptly stomped. An old man in front me said, “Well, at … Read More

Don’t you love a farce? My fault, I fear I thought that you’d want what I want Sorry my dear But where are the clowns? Send in the clowns Don’t bother They’re here — Stephen Sondheim, Send In The Clowns I guess I find it reassuring that the current efforts to muzzle free speech are being conducted by clowns. The … Read More

I won’t bore you with details of 18 hours in delayed flights, an unexpected stay in Denver, or any of the weird third-world adventures accompanying domestic travel that are now routine in modern, robust, and according to President Joe Biden, the excellent economy and upward trajectory of the United States. This is the same man that tries to shake hands … Read More

Been doing a little work for the upcoming 50th anniversary of the Watergate break-in, one of the most significant events in modern American political history. The aftershocks of the botched political espionage operation that ultimately brought down the Nixon presidency continue to reverberate today, as evidenced by the persistent tendency to attach the suffix “gate” to any political scandal, large … Read More

Russia’s invasion of Ukraine will not cause deglobalization; it is a symptom of deglobalization. — Peter Zeihan Since we started RIR, Rullman and I have been trying to suss out the shape of the end of civilization as we know it. We’ve noted before that the “end of civilization” is not necessarily — or even likely — a “shit hits … Read More

There’s a good case to be made that America would not exist as the nation we know without Benjamin Franklin. In 1778, France concluded a formal alliance with the newly declared United States of America — and it was Franklin who almost single-handedly engineered that geopolitical coup. The alliance provided America with critical arms and financing and, eventually, troops and … Read More

I don’t need to read the papers To know the heart of man This world’s been shaved By a drunken barber’s hand — Slaid Cleaves/Rod Picott, Drunken Barber’s Hand Last weekend, Slaid Cleaves returned to Sisters to play The Belfry. The Austin, Texas based singer-songwriter works in a tradition of folk songwriting and storytelling that celebrates the courage and resilience … Read More

Rullman must have thought I had over-caffeinated Friday afternoon. I took a late lunch break and went out to Zimmerman Butte for some kettle-bell-and-gunpowder therapy, and on the way out there I fired up the latest episode of Jack Carr’s Danger Close Podcast, featuring geopolitical analyst Peter Zeihan. As soon as I pulled into the Pit, I pulled out the … Read More

A friend recently gifted me a subscription to The Economist. That was a very nice thing to do. I think. The upside is that I can learn from that publication’s always-excellent, in-depth analysis of the way the economic engines that turn the world run — or don’t. The downside is that, right now, such analysis is a good way to … Read More

* For years a mythology has accreted around Vladimir Putin. Both admirers and detractors in the West have seen him as a calculating genius, playing three-dimensional chess while everyone else was playing checkers. RIR never bought that analysis. We did see Putin as a cunning opportunist, parlaying strategic ambiguity and incremental bites at the periphery of the West into success … Read More