On Wire

by Michael Snyder Vibrant competition is absolutely essential in order for a capitalist economic system to function effectively.  Unfortunately, in the United States today we are witnessing the death of competition in industry after industry as the biggest corporations increasingly gobble up all of their competitors.  John D. Rockefeller famously once said that “competition is … Read more

House GOP member were cyber attacked during the midterms. Grassley writes a letter to Horowitz to explain the raid. Trump wants the wall built. Macron gives in to the yellow vests, but the people reject is temporary suspension of the tax. Q drops more bread, this goes much deeper than everyone knows. Is POTUS standing … Read more

by Deplorable Patriot The people in the photo below are Ethel and Julius Rosenberg in 1951.   Ethel ‘s age was 37 , Julius 35. Executed June 19, 1953 .  They were charged  Conspiracy to commit espionage. Julius and Ethel Rosenberg were American citizens who spied, with others, for the Soviet Union and were tried, convicted, and executed by the federal government of the United States. They provided … Read more

SenatorRandPaul, Released on 12/4/18 Dr. Rand Paul is the junior United States Senator for Kentucky. Elected in 2010, he has proven to be an outspoken champion for constitutional liberties and fiscal responsibility, and a warrior against government overreach. A graduate of Duke University School of Medicine, Rand was a practicing ophthalmologist in Bowling Green, Ky., … Read more

by Troy The stock market tanked -3% today as the yield curve started to invert. Let’s determine the stock market’s most probable direction by objectively quantifying technical analysis. For reference, here’s the random probability of the U.S. stock market going up on any given day, week, or month. *Probability ≠ certainty. Past performance ≠ future performance. But if you … Read more

  h/t fuzinator

Relevant bit at 5:01 but the whole video is worth a watch. When discussing the media’s treatment of HW following his death, Jimmy Dore brings up an interesting idea regarding the psyche of our nation, the sycophantic nature of our culture and the general unwillingness to break from the official narrative of TPTB: “The United … Read more

by WARREN MOSLER Imports are real benefits, exports real costs. Seems everyone of consequence has it backwards? A collapse in global trade can make 2008 look tame:

via @OddStats: Red years had as many or more than we have had in 2018 so far (does not include today).    

via @chigrl:    

via marketwatch: We’re due for a prolonged bear market I often read articles, along with the comments, to gauge the stock market’s sentiment from an anecdotal perspective. I recently noticed a quote by investor Sir John Templeton: “For 100 years optimists have carried the day in U.S. stocks. Even in the dark ’70s, many professional money … Read more

Mike Maloney covers all the trouble brewing in the global economy in this 11-minute video – including data he promised to show you last week.    

by Chris Well, there’s a dozen reasons for why the markets are falling hard right now, so it’s hard to really pinpoint any one of them as being the most important. Flat yield curve, housing in rapid decline, trade “decisions” with China that turned out to be anything but and very prematurely announced. Add it … Read more

Just when we thought the bogus Assange smear couldn’t get worse, Politico asks the world to hold their beer. It appears that a certain segment of American society hate Donald Trump more than they love their own country. They would rather see America burn down to the ground (metaphorically speaking), than accept the fact they … Read more

by Thinker Bill and Hillary Clinton are on their book tour, just like Michelle Obama, and some people are getting a steal of a deal on tickets while others aren’t. One thing for sure that the authors are feeling is a lack of buyers or listeners. As more and more people in the world go … Read more