Beyond the bluster and carnage let’s look at the current situation in the war between the U.S. and Israel and Iran. I wrote most of this post before the overnight news that Trump is essentially suing for peace. But all of it still applies. And it comes down to one remarkable dynamic.

Despite the U.S. dominating the skies and almost every other combat domain, Iran has seized and holds the initiative in the war itself, forcing the U.S. to react to it and, in Trump’s hands, do so erratically and helplessly. Iran has the strategic initiative, despite constant and incredibly damaging attacks by the United States and Israel. Indeed, getting Iran to stop its primary retaliatory measure — throttling the Strait of Hormuz — now appears to be the main U.S. war aim. In other words, the main goal of the U.S. now is to get Iran to cease its retaliation for the U.S. starting the war in the first place.

The U.S. was already trying to get Iran to the bargaining table, according to this report last night from Axios. The fact that the U.S. is, reportedly, considering how to “package” cash payments to Iran (i.e. release frozen assets) is a testament to just how far we are from “unconditional surrender.” Meanwhile, this morning’s news confirms that the U.S. is getting talks started, or at least hoping to do so. Of course the simplest way to get Iran to release the strait is to stop the war. But the U.S. can’t do that, at least not openly, since that would amount to a massive and humiliating defeat.

An update on yesterday’s Drive post. We needed 25 more sign ups yesterday to stay on track. And we got them. Thirty new members signed up since yesterday’s post. Now we just need 45 41 by Sunday night to stay on track to get to 40% of our goal by the end of the weekend. If we can sign up 20 16 of those 45 41 today and tonight we can get there. Not currently a member? Be one of the 20 16 we need today! Seriously, lets make this fun but it’s also super important. Just click right here. And thank you in advance.

Can we do it? We need 75 more membership sign ups by the end of the weekend to keep on track to meet our goal in this year’s Annual TPM Membership Drive. We’ll need at least 25 more tonight to manage that. If you’re not currently a member, now’s the time. I know it’s easier to delay, figure you’ll do it later. But can you do me this favor? Just take a moment right now, ninety seconds tops and sign up. Just click right here. We need your help to get this done.

There’s a lot going on in the world of news. In a live conversation this afternoon, Josh and I touched on some of those things including: “State Media”, Barry Weiss and CBS, changing business models, Buzzfeed, AI, the eternal importance of naval power and more.

If you missed it live, check out the recording below.