NO REFORM without the crash and burn

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by Martin Armstrong QUESTION: So you do not think anyone running for office in 2024 will succeed in making any difference? HC ANSWER: No. We have crossed the Rubicon on that score. Trump would at least fight hard against them, but our computer does not show that there is anyone coming in on a white horse to … Read more

$NVDA – May sell $10B in stock.

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Best run hedge fund out there. $NVDA issued a $10B buyback on the Oct lows and monetized with a $10B shelf offering in March. He’s doing it again! https://t.co/yY0CiloWvQ — Samantha LaDuc (@SamanthaLaDuc) May 27, 2023 Source: https://investor.nvidia.com/financial-info/sec-filings/sec-filings-details/default.aspx?FilingId=16690150   h/t Euro347

Morgan Stanley’s Wilson: traders are duped by bear-market rally

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Morgan Stanley’s Wilson: traders are duped by bear-market rally pic.twitter.com/t46LhlCiKk — Cheddar Flow (@CheddarFlow) May 27, 2023 This time will be different. pic.twitter.com/Xnm3KYRMkZ — 471TO (@TOzgokmen) May 26, 2023 The value of global bonds drop another $547bn this week – the 4th weekly loss in a row – and thus no relief for the balance … Read more

The Fed bought up $2.7 trillion in toxic waste mortgage backed securities to reinflate the housing bubble and take those bad loans off the books of its Wall Street bankster accomplices. Next up: Powell will let the banksters transfer their non-performing commercial real estate loans to the Fed.

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by Simian_Stacker This level of blatant corruption and global usury is frankly biblical in how unprecedented it all is. FED'S WALLER: I HOPE THE FED NEVER GETS BACK INTO BUSINESS OF BUYING MBS. — FinancialJuice (@financialjuice) May 24, 2023 $247M Blackstone Hotel Loan Heading For Foreclosure After 34-Month Delinquency (the Fed’s private equity accomplices are … Read more

Housing Bubble 2.0 is toast

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The average 30-year fixed mortgage rate heads into the weekend at 7.14%—that's a new high for 2023. Spread: 330 bps pic.twitter.com/1rwwjauNbL — Lance Lambert (@NewsLambert) May 26, 2023 This year, we've had 8 readings with a 7 mortgage rate handle. Of those 8 readings, 4 came this week. — Lance Lambert (@NewsLambert) May 26, 2023 … Read more

DC_Draino: ‘Trans Extremism has led to a school shooting in Nashville and now bomb threats in Target stores. Where is the FBI & DOJ?!’

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Trans Extremism has led to a school shooting in Nashville and now bomb threats in Target stores Where is the FBI & DOJ?! Too busy arresting peaceful protestors? pic.twitter.com/Ve1fdmPEnj — DC_Draino (@DC_Draino) May 27, 2023 WOW – look what these MAGA Boycotters did to Target!! Oh wait this is from a BLM riot in a … Read more

The New York Times Complains About a Lack of “Kink” in the Children’s Movie the Little Mermaid

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The New York Times wants “kink” in a movie made for children, and they’re sad that The Little Mermaid doesn’t have any of it. https://t.co/yg0xZvy99W — Ian Miles (@ianmiles) May 27, 2023 Disney's live-action remake of "The Little Mermaid," with Halle Bailey starring as Ariel and a diverse cast, "reeks of obligation and noble intentions," … Read more

NHS data breach: trusts shared patient details with Facebook without consent

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‘NHS trusts are sharing intimate details about patients’ medical conditions, appointments and treatments with Facebook without consent and despite promising never to do so. An Observer investigation has uncovered a covert tracking tool in the websites of 20 NHS trusts which has for years collected browsing information and shared it with the tech giant in … Read more

Laura Loomer: ‘The money behind DeSantis’s campaign is so dirty. It’s all big tech, hedge fund, and Chinese affiliated cash… DeSantis is literally trying to sell the Presidency to the highest bidder.’

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The money behind DeSantis’s campaign is so dirty. It’s all big tech, hedge fund, and Chinese affiliated cash. I want to reiterate. He called his kickoff meeting an INVESTOR meeting. You don’t invest in campaigns. You DONATE to campaigns. You INVEST when you expect to get $… — Laura Loomer (@LauraLoomer) May 27, 2023

Texas House Impeaches Attorney General Ken Paxton — Update: Trump Responds

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BREAKING: Texas House Impeaches Attorney General Ken Paxton – Here is the Vote Sheet via @gatewaypundit https://t.co/wwSOiekTtm — The Gateway Pundit (@gatewaypundit) May 27, 2023 The Republican-led Texas House on Saturday impeached highly popular Attorney General Ken Paxton. Ken Paxton was impeached by the Republican-led House (85 Rs to 64 Ds) and will be suspended … Read more

BREAKING: The White House and Republicans have reached an agreement to avoid a US default. Kevin McCarthy will give formal remarks at 9:10 p.m. ET.

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WASHINGTON — House Republicans reached a tentative deal with the White House on Saturday night to address the nation’s borrowing limit and avoid a catastrophic default on U.S. sovereign debt. Three Republican sources said there is a tentative agreement between Republicans leadership and the White House on a debt ceiling deal, and that the contours … Read more

IWB: Paywall will be lifted indefinitely. Will roll out member only contents soon.

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Our mission is to inform as many people as possible, and our recently implemented paywall is doing the exact opposite. The majority of our readers were prevented from accessing our most crucial contents of the day. This is quite heartbreaking. As a result, we decided to remove the paywall indefinitely while still providing member-only content … Read more

$29 billion deposited to commercial banks in the last week (May 10th-17th). $1,006 billion in deposits has been pulled since the all time hit 4/13/22. Since the run picked up momentum 2/22/2023, $538 billion in deposits have been pulled. A transitory break before accelerating again?

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by Dismal-Jellyfish https://www.federalreserve.gov/releases/h8/20230526/ https://fred.stlouisfed.org/series/DPSACBW027SBOG A little over a year ago (4/13/2022) the high was hit at $18,158.3536 billion Date Deposits, All Commercial Banks (billions) Down from all time high (billions) 4/13/2022 $18,158 0 2/22/2023 (Run picks up speed) $17,690 -$468 billion 3/1/2023 $17,662 -$496 billion 3/8/2023 $17,599 -$559 billion 3/15/2023 $17,428 -$730 billion 3/22/2023 $17,256 … Read more