On Wire

by Mark Angelides It has been a full 24 hours since the nail bomb was detonated at a packed concert in Manchester, England. We have the death toll at 22 people (including children), and injuries numbering 60+. Already we have found out that the bomber was working with others (although as he detonated alone, it … Read more

By Michael Snyder After eight long, bitter years under Obama, will things go better for entrepreneurs and small businesses now that Donald Trump is in the White House?  Once upon a time, America was the best place in the world for those that wanted to work for themselves.  Our free market capitalist system created an … Read more

by Michael Snyder The left just can’t seem to understand that Islamic terrorists are going to try to destroy our way of life no matter how nice we are to them. On Monday night, a bombing at Ariana Grande’s Manchester concert made headlines all over the globe. 22 people, including an 8-year-old girl, were killed … Read more

by Robert Carbery A second civil war may very well be inevitable in the coming years if we keep this up.   The United States of America has not been united in some time. We have continued to separate ourselves by geography and political affiliation. New England is totally different from the Deep South. The … Read more

by Pamela Williams The actual documents surrounding the Seth Rich murder are at:   At last I have answers to questions that were very important to me.  However, there is one question that I do not.  When were Seth’s parents called?  Since his wallet was on his body, the police, the EMTS, the hospital staff had … Read more

by V.K. I’m a financial journalist, I write about pension funds and their role in funding a huge range of industries, and I believe they have grown to become the most significant contributer to collapse. At the end of last year pension funds in the 22 biggest markets were worth a record $36.4 trillion. And all … Read more

by Pamela Williams   The murder investigation of Seth Rich has been mishandled and blatantly botched.  I do not know how his parents are withstanding this miscarriage of justice against Seth.  All one has to do is to examine each aspect of the nonexistent investigation.  There clearly is no investigation, but the issues surrounding Seth’s murder … Read more

by Mark Angelides On both sides of the Atlantic we have seen a decade long push to have more and more people apply for university placement. Is this because governments see a “full-education” as the most practical way of removing people from poverty? or is there a more sinister reason? The principle by which a … Read more

by Mark Angelides As news comes out about the latest terror attack in the UK, a nation is left wondering if the government can actually do anything to stop them happening, and if so, why have they not already done so. In Manchester at an Ariana Grande concert, it is thought at least two explosions, … Read more

By Michael Snyder Even though I write about our ongoing long-term economic collapse every day, I didn’t realize that things were this bad.  In this article, I am going to show you that the average rate of growth for the U.S. economy over the past 10 years is exactly equal to the average rate that … Read more

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Having surged for years, quant hedge funds dominate stock trading. Quant-focused hedge funds – they specialize in algorithmic rather than human trading – gained $4.6 billion of net new assets in the first quarter, and now hold $932 billion, or about 30% to the $3.1 trillion in total hedge-fund assets. At … Read more

by tsukeisawa There have been plenty of attacks against the tax plan proposed by President Trump. I personally love the tax plan as it is everything you could want. Realistic taxes for the rich and corporations. Lower taxes on the poor and middle class. Best of all the new tax code is simple and easy to … Read more

Starts off pretty normal, May 16th bit worse, May 17th hyperbole increases, May 18th OMFG FULL AUTISTIC SCREECHING May 22 https://www.youtube.com/watch?v=Um6xwV-mqk0 h/t Forkfoot

Imagine if the Watergate investigation had led not only to the downfall of President Nixon, but also to allegations against his successor, plus the Speaker of the House, the leader of the Senate, a third of the cabinet, and more than 90 members of Congress. That gives you some idea of what’s happening in Brazil … Read more

Americans are falling behind on their auto-loan and credit-card bills, household debt has exceeded the amazing levels reached in 2008, only the rich can afford to live downtown now, and it’s getting worse! A shortage of homes for sale has bedeviled U.S. house hunters in recent years, so why don’t builders build more? One problem … Read more

The Pentagon overbilled the US Army, Navy, Air Force, and the Marines for fuel, pocketing the massive price differences to fill a “slush fund” used for inefficient or mismanaged defense programs, according to the Washington Post. The Department of Defense amassed $6 billion over the past seven years by billing the US armed forces excessive … Read more

https://www.youtube.com/watch?v=ua8fnbgZFqM It’s More Than Just A Cyber Attack! On the morning of Fri., May 12th, 2017, an unprecedented ‘‘ransomware’’ cyber attack struck tens of thousands of victims in 150 countries. WannaCry, the ransomware program, also known as WannaCrypt, WanaCrypt0r 2.0, Wanna Decryptor, and others similar, began with infecting one computer, until infecting all others in … Read more

by Mark Angelides A recent thread on Reddit shows how the covers of Time Magazine vary around the world. The Asian, South Pacific and European versions are all the same; detailing major world events and uprisings, whilst the American edition has cover stories such as: “Why anxiety is good for you”, and “What makes a … Read more

by Mark Angelides The theories and practice of Globalism have become so accepted that it is hard to imagine any country ever being able to elect a leader that is not sold on the concepts of “shared sovereignty”, “Free-Trade zones” and the use of international regulation to administer nation states. But there is a secret … Read more

by Gordon T Long    HISTORIC COLLAPSE IN MARKET BREADTH We are witnessing a startling breakdown in market breadth. It is worse than both prior to the 1987 and  2000 market draw downs. Similar to the Dotcom Bubble when it finally burst in 2000, it is being held up by a hand full of stocks which were referred … Read more

by Michael Snyder If America is going to survive, it is time for this generation of Americans to take a stand. Edmund Burke once said that “all that is necessary for the triumph of evil is that good men do nothing”, and if we sit back and do nothing now the radical left is going … Read more

By Michael Snyder The evidence that the middle class in America is dying continues to mount.  As you will see below, nearly half the country would be unable “to cover an unexpected $400 expense”, and about two-thirds of the population lives paycheck to paycheck at least part of the time.  Of course the economy has … Read more