Treasury Secretary Steven Mnuchin Has Scheduled An Emergency Call With The President’s Working Group On Financial Markets On Christmas Eve

by Michael Snyder If the financial markets are going to be just fine, then why did Treasury Secretary Steven Mnuchin make emergency calls to the CEOs of the six biggest banks in America on Sunday?  And if we don’t have anything to worry about, then why has he scheduled an emergency call with the Presidents … Read more

The Junk-Bond Market Just “Puked.”

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Risk is getting repriced. And rather suddenly. What are the real-world consequences? And how will it impact stocks? The Fed has warned about them, and investors fear a run-on-the-fund. Read…  $1.3 Trillion “Leveraged Loan” Boom Comes Unglued      

In Defense of Powell’s Restoration of Price Discovery

by Charles Hugh-Smith Relying on fakery and addictive stimulus is the acme of fragility and vulnerability. Let’s start with a chart of the S&P 500: Having become addicted to the Federal Reserve’s nearly free money for financiers and the infamous Fed Put, stock market players are now weeping and thrashing about in the agony of withdrawal as Fed … Read more

Selfish Lawmakers In Ohio Sneak Pay Raise In Last Minute Bill – Nearly $13,000 Increase

Tyler Arnold for the Western Journal reports, Ohio lawmakers are increasing their salaries from $60,000 to $73,000 annually by 2028. https://www.youtube.com/watch?v=dN-HccHXt6w Read More/Source/Credit/FairUse: https://www.westernjournal.com/ohio-l…   Ohio lawmakers are increasing their salaries from $60,584 to $73,167 annually by 2028. Members of leadership – who already receive additional money – will see an even higher increase. Senate … Read more

NFL In Trouble! No One Wants To Perform In The Super Bowl Halftime Show – Thanks To Kaepernick

Emily Zanotti for the Daily Wire reports, The National Football League is having a very difficult time finding acts to play the halftime show for the league’s annual Super Bowl — and musicians are beginning to call the prime time performance slot the “least-wanted gig” in music. https://www.youtube.com/watch?v=ECNvMHzLcEE Read More/Source/Credit/FairUse: https://www.dailywire.com/news/39415/…   The National Football … Read more

Brief Encounters: beware the drones of Brexit

by John Ward Along a narrow lane one Spring Sunday, two blokes who’ve been staying overnight at a house party are taking a walk, and breathing in the quiet solitude, leafy glades and fresh air of the Kent countryside. As seems somehow inevitable these days, they fall to discussing Brexit. The Brexiteer (an expat) declares himself … Read more

RAND PAUL DROPS SOME TRUTH BOMBS ON CNN

Rand Paul was right on all counts, the talking head didn’t look too pleased about it though. He makes the presidents decisions seem so common sense as opposed to going through the military channels of 10% stand down over 10 years, unless something bad happens. Why leave a trip wire in Syria that will only … Read more

Lessons Learned From the Yellow Vest Uprising

https://www.youtube.com/watch?v=0Xw-saw2Q-Q Yellow vest movements already started in the UK as their pro EU government continues to use every dirty trick in the book to keep the UK in the EU. The Brits want to leave under WTO rules which would instantly return their sovereignty , laws and birth right back from those unelected bureaucrats in … Read more

FITTON:No surprise McCain abused office to push anti-Trump Dossier. IRS Documents Reveal McCain Staffer Urged Lois Lerner and Obama IRS to “audit so many that it becomes financially ruinous.”

by TFittonJW https://www.judicialwatch.org/press-room/press-releases/judicial-watch-obtains-irs-documents-revealing-mccains-subcommittee-staff-director-urged-irs-to-engage-in-financially-ruinous-targeting/ (Washington, DC) – Judicial Watch today released newly obtained internal IRS documents, including material revealing that Sen. John McCain’s former staff director and chief counsel on the Senate Homeland Security Permanent Subcommittee, Henry Kerner, urged top IRS officials, including then-director of exempt organizations Lois Lerner, to “audit so many that it becomes financially ruinous.”  Kerner … Read more

President Donald Trump wants to fire Federal Reserve Chairman Jerome Powell for raising interest rates

President Trump has discussed firing Federal Reserve Chairman Jerome Powell recently, with his frustration intensifying in recent days, Bloomberg News reported. Powell and the Fed this week raised interest rates for a fourth time this year, helping to send the Dow to its worst week since the financial crisis. It’s unclear whether the president has … Read more

How arrest of Chinese ‘princess’ exposes world domination plot!! plot to install China 5G globally to run world

How arrest of Chinese ‘princess’ exposes regime’s world domination plot Meng is the heiress apparent of China’s largest and most advanced hi-tech company. Huawei is a leader in 5G technology and, earlier this year, surpassed Apple to become the second largest smartphone maker in the world behind Samsung. Huawei is a key part of this … Read more