The Head Of The Plunge Protection Team Is Quitting

from Zero Hedge Back in the summer of 2012, a historic if largely under-reported change took place at the New York Fed, when Brian Sack, the former head of the Fed’s Markets group, also known as the Plunge Protection Team’s trading arm, was replaced by former UCLA economist, Simon Potter. Potter’s arrival was most notable for not only … Read more

Trump Derangement Syndrome makes Bush Derangement Syndrome look like a mild head cold.

I DON’T KNOW, I CAN IMAGINE QUITE A BIT: Hollywood hates Trump, Republicans even more than we thought, according to Vanity Fair’s insider account. Christian Toto: The far-left magazine serves up a behind-the-scenes pastiche of an industry reeling over Trump’s very existence. Author Nick Bilton showcases a number of scripts circulating around Hollywood as well as … Read more

Feds owe Baltimore more than an explanation if NSA weapons were trained on the city’s computers.

If the hackers who crippled Baltimore city government computers used a cyberweapon developed by the National Security Agency, as the New York Times reported Saturday, the federal government bears some responsibility in helping to clean up the mess. Yes, the city should have updated its Windows systems with a security patch Microsoft released two years ago after a … Read more

The Base Gets Itself A New Elite

Back in 2010 at the New Criterion, the late Kenneth Minogue warned: My concern with democracy is highly specific. It begins in observing the remarkable fact that, while democracy means a government accountable to the electorate, our rulers now make us accountable to them. Most Western governments hate me smoking, or eating the wrong kind of food, or hunting foxes, … Read more

Gold and Silver Could See Sparks This Summer

From Birch Gold Group This week, Your News to Know rounds up the latest news involving precious metals and the overall economy. Stories include: Gold and silver prices could spark this summer, why silver can’t lose in the ongoing trade war, and massive $69,000 gold nugget discovered by amateur treasure hunter. Gold and Silver Prices Could Spark This … Read more

Merkel Unretires: Chancellor Determined To Remain In Power Until 2021 As Succession Plan Implodes

The CDU’s abysmal showing in last week’s EU Parliamentary election marked the party’s worst result ever in a national election. And apparently, the the loss of the CDU/CSU’s position as the largest party in the bloc’s largest legislative body was the last straw for Chancellor Angela Merkel, who reportedly regrets her decision to step aside … Read more

Behold, The Dawning

Authored by Sven Henrich via NorthmanTrader.com, The dawning may have begun, the realization that growth again has been overstated. Be it a China deal that’s dragging on with no clear path to resolution, and/or economic data that keeps disappointing. With index charts showing signs of potential topping patterns, yet support holding at the moment, I wanted to briefly … Read more

FITTON: MASSIVE Truth Media Won’t Tell You: Prosecutors DID draft an indictment against Hillary Clinton. DOJ keeping it secret.

by TFittonJW Whitewater independent counsel created draft indictment: Prosecutors DID draft an indictment against Hillary Clinton. DOJ keeping it secret. https://t.co/PImDkkMc5i — Tom Fitton (@TomFitton) May 28, 2019 Why is Hillary Clinton such a reviled figure in many precincts of the American populace? And not just the Right—I’m lookin’ at you, Bernie Sanders supporters. A … Read more

Stumbling Towards Chaos: All This Happened In Just One Week

BY JOHN RUBINO Every week is eventful these days. But the most recent one stands out for sheer edge-of-the-abyss when-it-rains-it pours diversity. Some of the highlights: US stocks fell for the 5th straight week “logging the longest weekly losing streak since June 2011.” The US yield curve inverted decisively as long-term Treasury yields plunged. Past yield curve inversions have … Read more