Ken Klippenstein

Ken Klippenstein

The Iran War Is Over

Democratic tsunami washes away more than just Susan Collins

Ken Klippenstein
Nov 04, 2026

I had a lot of fun with last night’s election live chat - so much so that I’m going to try having a subscriber-only chat for each story. Subscribe below if you’d like to join.

The Democratic tsunami isn’t just washing away living fossils like Susan Collins, but U.S. military contractor profits as well.

Shares plummeted today as investors anticipated a retreat from the Iran war. (This despite the fact that the Dow shot up by about 3 percent today — its best day since April.)

Then there’s Big Oil, which also sees the writing on the wall: the war is ending, depriving them of their excuse for price gouging — the most overlooked scandal this year, as I’ve written.

Meanwhile, Vice President JD Vance issued an extraordinary statement on X (née Twitter) blaming his party’s wipeout at the midterms on the Iran war:

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