On Wire

by confoundedinterest17      

by Matthew Piepenburg via Gold Switzerland Earlier in July, U.S. President Biden came away from a meeting with Fed Chairman Jerome Powell and calmly announced that in addition to inflation being “short term,” we should fear not, as Biden also “made it clear to Chairman Powell that the Fed remains independent,” but “will act as needed.” Whewwww. Where … Read more

by confoundedinterest17 You might as well face it, we’re addicted to gov. Or at least perpetual Federal Reserve intervention. Financial Times has a great graphic showing that Wall Street sell-side analysts are as bullish today as they were in 2002, just after the Dot.com bubble burst. One reason that Wall Street sell-siders are so positive in … Read more

t’s looking increasingly clear folks: The economy has taken on too much debt. Interest rates can’t rise substantially without threatening to crash the entire system. But instead of exercising concern, Wall Street is partying hard with today’s cheap liquidity in a speculative orgy. Unless the situation changes dramatically, investment manager Lance Roberts foresees an approaching ‘Minsky Moment’ for the … Read more

Gov Cuomo apologized but insisted that NY AG investigation saying he sexually harassed women and created a toxic work environment is inaccurate. He then played photos of himself kissing people and said he is bringing in a sexual harassment expert to train his staff. Wow. — Yamiche Alcindor (@Yamiche) August 3, 2021 https://twitter.com/brianmrosenthal/status/1422624608411439114 Andrew Cuomo … Read more

https://www.youtube.com/watch?v=UDbWr0KmNUw

by The Phoenix So, will it be stagflation after all? It is already clear that inflation has entered the financial system. Those who claim that this cannot be true because Treasury bonds aren’t showing it fail to mention that Treasury bonds are the most manipulated asset class on the planet. After all, it’s rather difficult to … Read more

https://www.youtube.com/watch?v=2Si34ntZuU8 A majority of voters say more police are needed amid rising crime and mass shootings in the US. This comes after a fourth police officer dies by suicide following his role in defending the US Capitol during January’s deadly riot. Nationally syndicated columnist and host of “Navarrette Nation” Ruben Navarrette joins In Question to … Read more

https://www.youtube.com/watch?v=h9T72DktLes No food at the grocery store. Starving Cows. Drying Farmland. What are you seeing is just the beginning of the future that you have ahead of you.

By Chris Black The state is the political expression of an earlier human reality – the nation (nation means extended tribe basically, people who share the same blood by birth), which asserts its distinct character and wants to preserve it.  But once formed, the state must feed the nation and build it in a deliberate … Read more

BY JOHN RUBINO This week, US household debt jumped by the most in 14 years to a new all-time record. The last time it did something like this was in 2007, just as the housing mania was cresting and the Great Recession was looming. The biggest part of the recent gain was from mortgages (it’s official, … Read more