On Wire

Breaking news, updates, and reports on current events.

DOJ Inspector General, Michael Horowitz, Does It Again with another Whitewash

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by LV The U.S. Justice Department’s Office of Inspector General (OIG), led by Michael Horowitz, just issued a report, which concludes that there was no intentional misconduct or political bias by the FBI when it sought a highly controversial Foreign Intelligence Surveillance Act (FISA) warrant to monitor former Trump campaign adviser, Carter Page.  Instead, the report faults … Read more

CAM EDWARDS: The Michael Bloomberg Speech He Doesn’t Want You To Hear.

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via bearingarms: I've been working on gun violence for over a decade. And as president, I will fight gun violence from every angle and do everything in my power to save lives. pic.twitter.com/clzxVaktTO — Mike Bloomberg (@MikeBloomberg) December 6, 2019 “On February 5th, 2015, in front of less than 400 people, Michael Bloomberg had a speaking … Read more

FBI finally admits it was terror attack…

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https://abc7chicago.com/fbi-says-it-pres…m/5740213/ PENSACOLA, Fla. — The FBI is working under the presumption that a fatal shooting at a Florida naval base carried out by an aviation student from Saudi Arabia was an act of terrorism, the agency said Sunday. All international students at the Pensacola base have been accounted for, there have been no arrests, and … Read more

‘Thin-Air Credit’ Spikes in the Fourth Quarter

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by FS As discussed with Macro Watch’s Richard Duncan on our podcast this week (see The Most Extraordinary Monetary Policy U-Turn In History), credit growth has moved sharply higher following the repo crisis in September. The Fed is now injecting hundreds of billions of dollars into the financial system and expanding their balance sheet at the fastest … Read more

Prins: The Fed Is On High Alert

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Authored by Nomi Prins via The Daily Reckoning, It’s hard to believe the end of the year is upon us and 2020 is right around the corner. In many ways, it went by very quickly. For economies and markets, it was a year marked by uncertainty over economic slowdowns, trade wars and a complete pivot … Read more

Here it is – the IG Report.

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https://www.justice.gov/storage/120919-examination.pdf It’s 476 pages! Link to PDF just released on justice.gov No more speculating, let’s dig in and find out what real “conspiracies” are occuring/have occurred. Please post any interesting finds in the comments! Let’s do this! Page 196-FBI lies about corroborating Steele dossier info FBI ignores glaring issues with dossier’s credibility AG Barr’s statement Page … Read more

Three of the biggest hedge funds use repo to leverage up in the markets and yet we are told by the Fed that actions to add liquidity to repo markets doesn’t not boost markets.

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For more- https://t.co/Ci4TLhaHHl — Michael Lebowitz, CFA (@michaellebowitz) December 9, 2019 Repo Blowup Was Fueled by Big Banks and Hedge Funds, BIS Says The September mayhem in the U.S. repo market suggests there’s a structural problem in this vital corner of finance and the incident wasn’t just a temporary hiccup, according to a new analysis … Read more

Schism in beliefs: Grounds for a civil war

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by SP I hear strident words from many sides on many subjects.  The subjects vary, but the same stridency is heard. One is the impeachment process. Another is citizen gun ownership. Democrats won the Virginia governors race and control the legislature.  They dove into efforts to tighten gun control with a passion.  This of course, elicited … Read more

The 8th Largest Snow Storm to Hit North America

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by Martin Armstrong Seven counties in New York State have been buried in snow as their regions are declared snow emergencies. Albany even had to tow some 240 cars since declaring the emergency. This has been the biggest snow storm on record this early in the season, and it turned out to be the eight largest snow … Read more

Pro-War NED Funded “Bellingcat” Smears Anti-War Journalists – Jimmy Dore Show

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Jimmy Dore discusses how the NED/Atlantic Council funded Bellingcat organization founder Eliot Higgins has been smearing anti-war voices and claiming that anti-war voices are Russian assets and Assad apologists (Orwellian speak). Dore corrects the record and points out the funding and so-called credentials (hypocrisy) of Bellingcat and deception related to their actual mission of providing … Read more

Repo Madness Update: New BIS Report Out Today, Jim Bianco Predicts $500 Billion/Day Repo in 2 Weeks?

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And now CNBC is copying my “Repo Madness” phrase! Jim Bianco Tweet from today, Sunday, December 8th, 2019 about how #RepoMadness will be up to $500 billion dollars per day (or more) in 2 weeks: https://twitter.com/biancoresearch/st… New Jim Bianco article Repo Madness on Marktwatch: The repo market is ‘broken’ and Fed injections are not a … Read more