On Wire

by moon89286 “America has lurched from one crisis to the next in 2020, knocking many people, even professional forecasters, off their feet. But not Matt Gertken, geopolitical strategist for BCA Research. “Unrest was an easy prediction even before the pandemic and recession, which made matters worse,” wrote Gertken in a note out Friday.” https://www.marketwatch.com/story/strategist-who-predicted-the-us-would-see-a-revolt-of-some-kind-by-the-2020-election-says-us-in-danger-zone-and-stocks-will-suffer-2020-06-08?mod=home-page “In … Read more

Kshama Sawant, 46, has been described as a leader in the creation of Seattle’s Capitol Hill Autonomous Zone The city councilwoman has urged fellow activists not to allow cops back into the six-block zone set up in the center of the city Indian-born Sawant worked as a software engineer before migrating to the US, where … Read more

Posted in Las Vegas Emergency: Ok I was not going to post this as I’m sick of the lies on social media but all of you need to hear what happened here last night. At about 4pm we started getting notices that our outside shopping distract Downtown Summerlin was suddenly closed and evacuated. About an … Read more

by: Michael Alexander (Natural News) Los Angeles City Council President Nury Martinez has found herself in hot water for filing a motion that seeks to cut millions of dollars from the Los Angeles Police Department’s funding – all while having a security detail from the LAPD stationed right outside her home. “The Los Angeles Police Department deployed … Read more

BY JOHN RUBINO Credit Bubble Bulletin’s Doug Noland saves the rest of us a lot of time by digging through the Fed’s quarterly financial reports and presenting the results in an understandable form. These reports are always terrifying, but Q1 2020 is in a class of its own. Here, mostly in Noland’s words, are some of … Read more

Chinese military officer arrested after trying to leave US Washington Examiner | June 12, 2020 12:52 PM A Chinese military officer is accused of trying to leave the United States with a cache of scientific research conducted at a California university. Xin Wang, a high-ranking member of the People’s Liberation Army, was arrested Monday and … Read more

by elag20 Bear season isn’t over, and the market is about to get shafted. Here’s why: JPOW The fed talks recently confirmed the suspicion that the “V-shaped recovery” is a myth, and it’ll take years for the economy to fully recover from this crisis. The feds could never outright say “the market is cucked”, but … Read more

by LouisDesyjr As unbelievable as it seems, and almost sounds like an Onion story, the Federal Reserve has ‘reduced’ reserve requirements to zero as of March 26, 2020. So, why care? Because if we can ‘take over’ any depository institution, we can lend unlimited amounts of money, the sell the loans off in the secondary … Read more

by akwilliamson I opened a high interest savings account last year with Ally and have seen it do nothing but drop with reserve rates decreasing. I tracked all my rate change emails over the last year or so and documented the following: 05/21/19 – 2.20% 06/26/19 – 2.10% 08/05/19 – 1.90% 10/10/19 – 1.80% 11/13/19 … Read more