Month: March 2019

OFFICIAL: BARNIER DECLARES A BREXIT EXTENSION…..BUT WHEN DID MAY KNOW?

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by John Ward Just when you thought that, if nothing else, we had control over the decision to extend Article 50, Barnier told key European press titles yesterday that it was inevitable…thus rendering at least two UK Parliamentary votes before March 29th irrelevant. Setting aside that unpardonable interference in our affairs, it is noticeable that the … Read more

The Fed Doesn’t Target The Market?

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by Lance Roberts Earlier this month, I penned an article asking if we “really shouldn’t worry about the Fed’s balance sheet?” The question arose from a specific statement made by previous New York Federal Reserve President Bill Dudley: “Financial types have long had a preoccupation: What will the Federal Reserve do with all the fixed income securities it purchased to help … Read more

California paid $1M in harassment settlements under then-AG Kamala Harris

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by DCG One million dollars in payment for sexual misconduct and Kamala knew nothing about it? Um, okay. Doesn’t speak much of her great concern for victims of sexual harassment. From NY Post: The California Department of Justice paid more than $1 million to employees who alleged they faced sexual harassment or workplace retaliation while presidential candidate … Read more

MMT on CNBC, Oil sale, Growth forecast

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by WARREN MOSLER Well done Professor Kelton! Stephanie Kelton explains Modern Monetary Theory This is particularly ridiculous: U.S. offers up to 6 million barrels of oil from emergency reserve (Reuters) The U.S. Energy Department said on Thursday it is offering up to six million barrels of sweet crude oil from the national emergency reserve in … Read more

3.8 Million Drop Off Food Stamps Under President Trump; American manufacturing jobs are on the rise

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3.8 Million Drop Off Food Stamps Under President Trump More than 3.8 million people dropped off food stamps since President Donald Trump’s first full month in office, according to the most recent data from the U.S. Department of Agriculture (USDA). The latest USDA data revealed that food stamp participation dropped to 38,577,141 in November 2018, down by … Read more

The Economic Crisis Will Expose The [CB]

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Once the UK breaks away from the UK, the US is ready to make a bilaterial trade with the UK, this will benefit the UK and the US. Other countries are ready and willing. There are two economies that running simulataneously at the same time, the [CB] which is imploding and the Patriot economy which … Read more

The End Is Near, There’s No Place To Hide

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37% of the people do not believe Cohen during his testimony. Russia says ready to have peace talks with US and Venezuela. Q drops more bread, the clock is ticking down, gives the world a refresher course on what to expect. The end is near and the declass is coming very soon. https://www.youtube.com/watch?v=7bLAA_mkmlE    

Indonesia has recognised bitcoin as a commodity – where else is it legal?

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In February, the Indonesian government introduced legislation legalising the trading of bitcoin as a commodity and providing a legal framework for traders to operate in. This article will discuss what the new legislation means and provide an overview of where else the use of bitcoin is legal. Indonesia With regulation No.5/2019 the Indonesian Trade Ministry … Read more

Investors Brace For Impact As The Cancer That Is Ravaging “The Real Economy” Starts To Spread

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by Michael Snyder  2019 sure has been a weird year so far.  On Wall Street, everything has been coming up roses for investors up to this point.  Stock prices have risen more than 10 percent year-to-date, and the horrible crashes of late last year are quickly fading from memory.  Meanwhile, the real economy is literally falling … Read more

Denver Airport installs a talking gargoyle that says “Welcome to the Illuminati Headquarters, I mean, Denver International Airport!”

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by Michael Snyder Denver International Airport has just installed a brand new animatronic talking gargoyle statue that is making fun of the “conspiracy theories” about the airport.  As you can see in this video, the animatronic statue is incredibly lifelike, and it must have cost a fortune to create.  The airport claims that the goal is to … Read more

What Killed the Middle Class?

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by Charles Hugh-Smith Rounding up the usual suspects won’t restore a vibrant middle class. What killed the middle class? The answer may well echo an Agatha Christie mystery: rather than there being one guilty party, it may be that each of the suspects participated in the demise of the middle class. If you doubt the middle … Read more

Jim Jordan: No evidence of Trump colluding with Russia, but ‘all kinds’ showing Clinton campaign did

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“There is all kinds of evidence to show that the Clinton campaign worked with Russians to impact the elections, via that whole thing I just described where they fired the law firm who hired Fusion, who hired Christopher Steele, who communicated with Russians, and put together the fake dossier,” he added. https://www.washingtonexaminer.com/news/jim-jordan-no-evidence-of-trump-colluding-with-russia-but-all-kinds-showing-clinton-campaign-did    

Crash Signatures

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by Jesse If you have been a long term reader here you know that I have something called a ‘Crash Signature.’ One of the key components of this is a significant decline from a new all time high, that rallies substantially so that the fear subsides and most believe there is a return to ‘normal’ bubble … Read more