On Wire

Breaking news, updates, and reports on current events.

Facts to keep in mind while seeing the Cohen show and the story line being laid out.

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by yellowsnow2   No government agency has ever analyzed Hillary’s server. https://thehill.com/policy/national-security/312767-fbi-never-examined-hacked-dnc-servers-report Also there is proof the FBI had a lapse in the chain of custody of the server for over a month. Link to FBI FOIA in the article. https://www.inquisitr.com/4892697/wikileaks-reveals-fbi-lost-chain-of-custody-on-clinton-email-server-for-five-weeks/ The fact is there is zero proof the emails were hacked by Russia. Assange has said the … Read more

Don’t Dismiss The Dire Message From ‘The Index Of The Volume Of Speculation’

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by jessefelder “Even the most circumspect friend of the market would concede that the volume of brokers’ loans—of loans collateraled by the securities purchased on margin—is a good index of the volume of speculation.” -John Kenneth Galbraith, The Great Crash, 1929 January margin debt figures were recently released (chart below via dshort.com)  and almost immediately prominent pundits jumped … Read more

VERITAS: Facebook Insider Leaks Docs; Explains “Deboosting,” “Troll Report,” & Political Targeting in Video Interview

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FULL STORY AND DOCS: • Insider, Formerly Responsible for Content Review in Facebook’s Intellectual Property Dept Speaks Out, Loses Job • Facebook Engineers Plan to “demote bad content” • Conservative Facebook Page Livestreams Secretly “deboosted,” No Notice to Page Owners • Facebook Can Classify Users as Trolls Based on Their Vocabulary, Then Punish By Limiting … Read more

Car sales, HK, China default, capex, EU business lending, EU sentiment, Credit card data

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by WARREN MOSLER Chinese state company defaults offshore, first time in 20 years (FT) A Chinese state-owned enterprise from the country’s remote north-west has failed to repay a US dollar bond in Hong Kong, the first offshore default in 20 years and the latest sign investors can no longer rely on Chinese authorities to bail out state groups. … Read more

This Whole Cohen “Hearing” Is One Big Democrat Orchestrated And Scripted Propaganda Show

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The rat is shredded..4 MIN What A Circus. It’s as if there is an agenda to take down 45 at any means necessary… https://www.youtube.com/watch?v=a1ETu3m-hfk https://youtu.be/mbt71TvJQGo Even CNN viewers Don’t believe Cohen A CNN panel said Michael Cohen made a false claim Wednesday when he said he never wanted a job in the Trump White House during … Read more

Fake Capitalism Is a Bigger Threat Than Socialism

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By Patrick Watson Many people are worried socialism will take over the US. They’re sure it will be awful. Socialism can mean many things. You hear it applied to state-dominated economies as varied as Venezuela, Norway, and China. I suspect Karl Marx wouldn’t consider any of those socialist. Whatever the particulars, these fears would be groundless if … Read more

Mises: “Is Argentina On The Brink Of a Tax Revolt?”

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via mises: “We can’t take it anymore,” proclaims the economist and media sensation Javier Milei from his Twitter account. He is not alone. It all started a few weeks ago with a “ Twittazo ” inviting people to protest against the high taxes and the huge public spending. The hashtag #BajenLosImpuestos (lower taxes) quickly became a trending topic. On March … Read more

Shhhhhh: The Yield Curve Is Quietly Inverting in Plain Sight, Signaling Recession

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via mishtalk: The yield curve is inverted in 11 different spots. The latest is 5-year to 3-month inversion. The yield curve recession signal is louder and louder. Inversions are persistent and growing. Let’s compare the spreads today to that of December 18, the start of the December 2018 FOMC meeting. Yield Curve 2019-02-26 vs December and … Read more

In December, year over year inventories were up 7.3% and sales fell 1.5%. The stocks to sales ratio increased from 1.3 to 1.33. This is bad for margins.

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via upfina: The stock market is at a very interesting juncture because its rally has been impenetrable despite the global economic slowdown. The 20% decline late last year probably wasn’t warranted because there are few signs America is headed for a recession. The trade war cooling off and the dovish Fed have also acted as positive … Read more

Like 2007/08 retail investors raising cash, CEOs are leaving their posts at highest rate since GFC

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Like 2007/08 retail investors raising cash. Chart from TheDailyShot pic.twitter.com/vih4pQ5bI2 — Stephen Blumenthal (@SBlumenthalCMG) February 27, 2019 Most share buybacks are done at the top of the market. Perhaps we should view CEO resignations in the same light. Chief executives tend to like to go out at the top of their game. Perhaps their resignations … Read more

CNN disguises lobbyist interns and democratic politicians as “mothers, voters, and students.”

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by Dessert42 Proof of CNN manipulating the truth from its audiences. Watch out for this carefully because propaganda will become stronger as we get closer to 2020! Don’t forget media itself is propaganda as Zizek would say. Here’s some more: https://twitter.com/CNN/status/1100201107471646720 https://elections2018.news.baltimoresun.com/primary/baltimore-county/county-council/district-1/sheila-ruth/ Relevant links: https://twitter.com/FaerieWhings/status/1100409444200902656 https://www.pastemagazine.com/articles/2019/02/did-cnn-stack-the-audience-for-bernies-town-hall-l.html Monday night, Bernie Sanders did a town hall on … Read more

Electoral Alchemy: How the Democrats Create New Voters

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by Spencer P Morrison, NEE Legend says a humble French scribe named Nicolas Flamel (d.1418) discovered the philosopher’s stone—the alchemical secret to physical transmutation. To immortality itself. After turning a half-pound of mercury into gold, fear consumed Flamel: what man could resist the temptations of unlimited wealth and immortality? In a show of Christian humility, Flamel hid … Read more

Michael Pento – Falling Interest Rates – Rocket Fuel for Gold – Intractable Inflation Very Dangerous New Paradigm

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Money manager Michael Pento gives his simple economic road map. Pento says, “We’re going to have one final whoosh down in stock prices and in the economy. That’s going to bring Jerome Powell (Fed Head) back to 0% interest rates and back into QE (money printing), and then it is intractable inflation for as far … Read more

Strong Arctic Outbreak To Surge Into The Lower 48 – Epic Gridlock: Winter Storm = 115 Mile Backup

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That’s a BOOM! More Global Warming fails: Los Angeles has coldest Feb. in 60 years   Record Breaking Snow totals in UP Michigan as “Global Warming takes hold” sarc! You are an Idiot Al Gore! Calumet (Tamarack Loc.) hit 305″ of snow for the season. 1.27.19 – Calumet (Tamarack Loc.) hit 200.8″ of snow for … Read more

They Can’t Help Themselves; Modern Leftism Has Zero Limiting Principles. None.

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RICHARD COHEN: Democrats Are Wrapping a Gift for Trump. Democratic socialist ideas appear to be making significant headway in the party. The Democratic part is fine, the socialism part is not. It suggests a massive government intrusion in the economy that has not worked elsewhere — post-war Great Britain or that contemporary mess called Venezuela — … Read more

DiMartino Booth: Fed is bowing to Trump’s request

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Fox Business, Released on 2/26/19 Former Dallas Fed adviser Danielle DiMartino Booth on former Federal Reserve Chair Janet Yellen’s comments about President Trump and the state of Federal Reserve policy. Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in … Read more

Trump Folds on Trade War With China

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by Tom Luongo Over the weekend, fifteen minutes before U.S. equity futures markets opened, President Trump extended the trade talks between the U.S. and China. No one should be shocked by this. Because China isn’t the main problem.  We are.  Why?  Keep reading. Trump has rapidly become the Appeaser-in-Chief. Everyone on the other side of the … Read more