Month: February 2019

Mark Taylor, author of the popular book “The Trump Prophecies,” says, “I want to encourage people and tell them there is good stuff coming. We are seeing good stuff happening in this country right now, but we have got to be patient and stay in prayer. We’ve got to stay together and, for goodness sakes, … Read more

Venezuela here we come, it just keeps getting dumber and dumber… If you like your health care plan, chances are the 2020 Democrat nominee will want to eliminate it. Kirsten Gillibrand is now echoing Kamala Harris’ call to eliminate all private plans – saying it’s an “urgent goal.” pic.twitter.com/HDbsa0nG1I — GOP (@GOP) February 10, 2019 … Read more

by Martin Armstrong Chart provided by STATISTA The TV viewership of Superbowl LIIII collapsed in a virtual waterfall to just 98.2 million viewers. CBS, however, said the big game was watched across all platforms — including digital and streaming — by a combined total of 100.7 million viewers. That is still a major decline down … Read more

by DCG Tax dollars at work. From SF Gate: It appears the California Department of Motor Vehicles is, yet again, trying to clean up after itself. The Sacramento Bee uncovered one possible reason why thousands of Californians have yet to receive a driver’s license in the mail, months after attempting to renew them. It comes down to … Read more

Whatcha gonna do when they come for you.   The stop was for an alleged turn signal violation. Minutes later, Wheatcroft was handcuffed lying face down on the hot asphalt on a 108-degree day. He’d already been tased 10 times, with one officer kneeling on his back as another, Officer Matt Schneider, kicked him in … Read more

by Thinker Watching from the balcony, most in the audience still aren’t what act were in. Has the fluoride really dumbed Americans down that much??? Haven’t drank or consumed it since watching the Youtube documentary “Our Water” The Great Culling. How has “deep state” been able to pull the wool over the eyes of Americans??? … Read more

Jonathan Roth (a Canadian): A “Vice” special report: https://www.youtube.com/results?search_query=vice+a+house+divided&sp=mAEB “Happy Hunger Games.  And may the odds be ever in your favor.”   h/t thc0655

By David Stockman BLS Price Index For New Vehicles—–0% Rise In 20 Years   Actual USA Transaction Prices: Up 20% In 10 Years      

Reports: Russian authorities make deal with Google MOSCOW (AP) — Russian news reports say that Google has agreed with national authorities to delete links to websites banned in Russia. The daily Vedomosti reported Thursday that Google has reached an agreement with the Russian state media oversight agency, Roskomnadzor, to regularly receive updated lists of banned … Read more

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Consumers are doing their job only in a lackadaisical manner. But the student-loan scheme is hot. It’s a tough job, but someone’s got to do it: Propping up the massive US economy. And consumers are doing it, but in a somewhat lackadaisical manner when it comes to spending money they don’t … Read more

by Dave For some reason, I forgot to check my favorite pre-recession indicator after the January Nonfarm Payrolls number was reported last Friday: “Working part time/economic reasons.” See the chart below.  its a “quarterly” chart, so the moves stand out a bit more, but Q1 is not looking very good at all right now.  At … Read more

Currently, the U.S. government is operating in the negative on every front: it’s spending far more than what it makes and it is borrowing heavily to keep the government operating and keep funding its endless wars abroad. This is how military empires fall and fail: by spreading themselves too thin and spending themselves to death. … Read more

by confoundedinterest As Bruce Springsteen famously mumbled, The Fed’s Balance Sheet is “Goin’ Down.” As of Feburary 6, 2016, The Federal Reserve of New York further shrank The Fed’s Balance Sheet by $14.2 billion. This week it was $11.665 billion of US Treasury Notes and Bonds and $2,525 billion of US Floating Rate Notes. For a grand … Read more

by confoundedinterest It seem s that banks willingness to lend to consumers hass fallen. Perhaps it should be an index of “Willing.” Bank willingness to lend to consumers, a prime driver of Federal Reserve monetary policy, typically slumps to zero before a recession. Yes, as The Fed continues to unwind its balance sheet, bank willingness to lend to … Read more