On Wire

This is blowing my mind…. im slowly watching my state fall apart. https://www.youtube.com/watch?v=Dzcc6S3DTE0     CH

by Martin Armstrong QUESTION: Hello, Since the Fed ‘created’ ‘money’ after 2008 that was then deposited back at the Fed by the recipient banks ( say,75% of it), it is not easy to see why the Fed is to blame for the credit explosion since 2008- nor for the very slow ( like a paralytic centipede) … Read more

by Martin Armstrong I have been warning that raising taxes is DEFLATIONARY because you are reducing the net disposable income. Governments simply cannot get that through their head. In Romania where protests over political corruption have been unfolding, the government revealed its plan to try to comply with EU austerity raising they hope 10 billion lei ($2.5 billion … Read more

by DCG Mayor Catherine Pugh: “We want your guns” From Fox News: A woman in Baltimore is using the city’s gun buyback program, not to get firearms off the street but to upgrade to a better weapon. On Monday, the city’s Police Department paid gun owners anywhere from $25 to $500 for their unwanted firearms and magazines … Read more

RT, Released on 12/20/18 Larry and former Rep. Ron Paul (R-TX) discuss Paul’s warning of an impending market meltdown, and his take on removing U.S. troops from Syria. Then, Larry and the political panel take on Facebook’s privacy policies. Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president … Read more

by Jesse “I tremble for my country when I reflect that God is just: that his justice cannot sleep for ever.” Thomas Jefferson, Notes On the State of Virginia “An evil and faithless generation demands a sign.  But no sign will be given it, except for the sign of Jonah.” Matthew 16:4 “Do not be deceived, … Read more

by Bill Bonner BALTIMORE, MARYLAND – Well, we were wrong. We figured the Fed would pause now. Instead, it went ahead with its rate hike and suggested it would pause in 2019. This was widely expected by the markets, if not by us. Early yesterday, investors guessed – as we did – that the Fed would … Read more

  The way CNN and similar mainstream outlets have been beating the war drum the past few days has been sickening… but not surprising   HC

Jim Hoft for the Gateway Pundit reports, Former FBI Supervisory Special Agent Robyn Gritz has asked SaraACarter.com to post her letter to Judge Emmet G. Sullivan in support of her friend and colleague retired Lt. Gen. Michael T. Flynn, who will be sentenced on Dec. 18. https://www.youtube.com/watch?v=hTrrlwIsETc Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2018… Via SaraCarter.com and ZeroHedge: Andrew McCabe I believe … Read more

Ryan Saavedra for the Daily Wire reports, Senior White House adviser Stephen Miller appeared on CBS’s “Face the Nation” on Sunday where he blasted “left wing, activist” judges for rulings that have put lives of Americans and migrants at risk by incentivizing the “most vulnerable populations” to come to the United States. https://www.youtube.com/watch?v=KGlaSK0bKq8 Read More/Source/Credit/FairUse: … Read more

via Twitter: For example: He’s even got Hillary Clinton, of all people, telling us that actions have consequences. A consequence of Hillary’s actions in Libya — “we came, we saw, he died” — was black people being sold as slaves in open-air slave markets. So maybe she should sit this one out. But note how despite her dreadful track record, … Read more

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The Fed has warned about them, and investors fear a run-on-the-fund.  The $1.3 trillion “leveraged loan” boom is coming unglued: Not because the junk-rated, highly leveraged, cash-flow-negative companies that issued these loans are massively defaulting – they’re not yet – but because investors are fleeing these instruments that had been super-hot … Read more

by Chris Well, htere’s not a lot of positives for the bullks out there.  Tough start to the holiday shopping weekend too for those that were hoping for unbridled shopping spirits. The S&P finished down another -50 points: There was really nowhere to hide today, except, oddly, in the US dolalr which popped nearly 0.9% … Read more

by Chris Stocks are for show, but bonds are for dough. Always keep your eye firmly on the credit space.  That Federal Reserve could give a rat’s ass about whether or not you are employed or your milk costs 2x what it did last week.  They care about the credit markets. Everything else is a … Read more

by Chris Well, that deteriorated quickly. Looks like I was wrong, and the expected bounce helped along by some judicous futures propping just crapped out. We are now below yesterday’s lows: And that’s with a stock futures ramp yesterday and a Fed jawboning moment. I guess when it’s time to get out, it’s time to get out. Good luck … Read more

by TFittonJW I remained patient: My full, written testimony: https://www.judicialwatch.org/document-archive/fitton-testimony-oversight-committee-12-2018/