A Commentary By John Stossel, Socialism Destroys

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Famous actors recently made a commercial proclaiming that “democratic socialism” creates some of the best parts of America. It’s “your kids’ public school” (says Susan Sarandon), the “interstate highway system” (Rosario Dawson), “public libraries” (Jay Ferguson), “EMTs” (Ethan Embry), “workers who plow our streets” (Max Carver) and “scientists” (Danny DeVito). Wow. I guess every popular … Read more

Rob Kirby: I Have Never Been As Bearish For The Very, Very Short-Term As I Am Right Now

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Rob Kirby interviewed on Reluctant Preppers Widely followed proprietary analyst & founder of KirbyAnalytics.com, Rob Kirby, returns to Reluctant Preppers to lay out the case why he is gravely concerned about extreme near-term risk in the equity & debt markets. Kirby also fields a vault full of YOUR QUESTIONS submitted by our Reluctant Preppers viewers. So buckle … Read more

Of Course The Fed Is Crazy

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by Raúl Ilargi Meijer  Pieter Bruegel the Elder The Triumph of Death 1562  Finally financial ‘markets’ go through a substantial dip, which Steve Mnuchin claims is just temporary and Donald Trump says is caused by the fact that the Fed is ‘loco’. Mnuchin may well be right, but it won’t be because he knows something you don’t. And … Read more

How to Survive an Economic Collapse

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via Robert Gore at Straight Line Logic On Septemeber 30, at Murphy, North Carolina, I addressed the Appalachian Network PATCON, a gathering of very bright people on the cutting edge of preparation for the coming catastrophe. The topic was: “How to Survive an Economic Collapse.”

Stocks smell like 2000 & 2007 again?

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by Kimble Charting CLICK ON CHART TO ENLARGE Did the top in the S&P 500 in 2007, have anything in common with the 2000 top? Yes! In 2000 the S&P made a nominal new high near the first day of fall, as monthly momentum was creating lower highs. Once it broke support selling pressure increased. In … Read more

How Will 6% Mortgage Rates Deal with Housing Bubble 2?

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter What many in 2016 thought would never happen again is now reality. It finally happened – a line in the sand has been breached. The average interest rate for 30-year fixed-rate mortgages with conforming loan balances ($453,100 or less) and a 20% down-payment did what people had thought in 2016 we’d … Read more

Maxine Waters LOSES HER MIND, Blasts Trump For Doing EXACTLY What SHE ORDERED Libs To Do!!

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https://www.youtube.com/watch?v=riNuA8lIBgQ Mad Maxine is back at it. Fox News Insider reports, Rep. Maxine Waters took issue with President Donald Trump characterizing the Democratic Party as an “angry left-wing mob.” telling the crowd, during a rally in Iowa, “You will have your chance to render your verdict on the Democrats’ outrageous conduct on November 6th,” Read … Read more

Clintons NEW Plot To ROB AMERICA Blind – And YOU Are In Their Crosshairs

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https://www.youtube.com/watch?v=B5qHA730aWk Caitlin Yilek for the Washington Examiner reports, Bill and Hillary Clinton are embarking on a 13-city tour — dubbed “ An evening with President Bill Clinton and former Secretary of State Hillary Rodham Clinton” — across the U.S. and Canada in late 2018 through May 2019. Read More/Source/Credit/FairUse: https://www.washingtonexaminer.com/ne…

Liberals PETRIFIED After Taking ONE LOOK At What Just Happened After The Kavanaugh Hearing

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https://www.youtube.com/watch?v=KzRKulN5IHU Randy DeSoto for the Western Journal reports, Republican National Committee spokeswoman Kayleigh McEnany stated on Monday that GOP polling showed movement in her party’s direction in “every single” U.S. Senate race, which she attributed to the Democrats’ treatment of Supreme Court Justice Brett Kavanaugh. Read More/Source/Credit/FairUse: https://www.westernjournal.com/rnc-sp…

Three Charts That Scream “Growth is DEAD”

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via GPC Once again, the economy appears  to be roaring as it enters the late stages of a major credit expansion. Once again this late stage credit expansion is entering the inflationary blow off top. And once again, “growth” sectors of the markets are flashing that big trouble is lurking just beneath the surface. Take a look … Read more

Rout in Global stocks stretches into second day with little reaction from risk-haven assets

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by QuantalyticsResearch US Stocks The rout in global stocks continues into its second day with little movement in risk-haven assets like Gold and the Yen US stocks index futures are dropping ahead of the open in NY with the Dow Jones minis -0.81%, S&P500 minis -0.73% and Nasdaq 100 minis –0.67% The VIX is little changed … Read more

10 Mind-Blowing Facts About Hurricane Michael – The 3rd Most Powerful Hurricane Ever To Make Landfall In The U.S.

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by Michael Snyder It wasn’t supposed to be like this.  Hurricane Michael was supposed to be a relatively minor storm as hurricanes go, but it just kept getting stronger and stronger as it approached the Florida panhandle.  And when it finally did make landfall, it was an absolutely monstrous storm with sustained maximum winds of … Read more

We Witnessed The 3rd Largest Point Crash In Stock Market History On The Same Day That The 3rd Most Powerful Hurricane To Ever Hit The U.S. Made Landfall

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by Michael Snyder If you don’t believe in “coincidences”, what are we supposed to make of this?  On Wednesday, the 3rd most powerful hurricane to ever hit the United States made landfall in the Florida panhandle.  Entire communities were absolutely shredded as Hurricane Michael came ashore with sustained winds of 155 miles per hour.  You can … Read more

“Concerned” Bank of England Raises Alarm about Growth of High-Risk Loans

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The power of Collateralized  Loan Obligations. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. “The global leveraged loan market is larger than – and growing as quickly as – the US subprime mortgage market was in 2006,” said the Bank of England’s Financial Policy Committee in the statement from its latest meeting. And the committee is … Read more

Infectious typhus, fueled by homeless, reaches epidemic levels in southern California

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by Dr. Eowyn Typhus, or typhus fever is an infectious disease spread by fleas. Symptoms can include high fever, headache, chills, and body aches, rashes and in some rare cases, meningitis and even death. KMI 640AM reports, Oct. 9, 2018, that health officials in Southern California are warning residents to be aware of a typhus outbreak that’s reached ‘epidemic’ levels in … Read more