Goodbye to my Old Friend

by John Galt June 2, 2019 10:00 ET Isabella was a dear friend of mine who sat by my side as I penned many articles over the last decade. Yesterday she suddenly died from coronary failure in my living room. Please folks, keep adopting pets from shelters as we do because shelter pets are the best. My old friend was a victim of the housing crash of 2008 and her family had to leave all their pets at the Humane Society when they lost their home. Goodbye sweetheart, you were my…

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And So it Begins: First U.S. Bank Failure in 17 Months

by John Galt May 31, 2019 21:30 ET If the credit markets are not received as an omen, the failure and subsequent panic in China after a major bank failure there, and bizarre equity market action recently, then perhaps tonight’s surprise FDIC takeover of Enloe State Bank of Cooper, TX might just be the first fat canary to fall in the coal mine. From the FDIC website: The Enloe State Bank, Cooper, Texas, was closed today by the Texas Department of Banking, which then appointed the Federal Deposit Insurance Corporation (FDIC)…



05.05.19 DEATHslider Alert (sort of)

by John Galt May 5, 2019 23:10 ET We are all going to die! Well, maybe not tonight or tomorrow, but hell, this action does not justify a full blown DEATHBURGER alert…. It is time to panic a tad bit, not much, just a wee bit, if you have not already. No, John Galt is not dead, I just smell like slathered up tanning lotion and cheap tequila. However, the market smells worse! Why? Chiner, Chiner, Chiner, as El Presidente Trumpo likes to say: OMGOMGOMGOMG!(Thank you Finviz.com) So what is really…



Korea Summit Fails, Trump Walks Away From Talks

by John Galt February 28, 2019 05:30 ET This morning the news is grim as the North Korea’s intransigence and desire to remain a permanent nuclear power resulted in the Hanoi summit breaking up and President Trump walking away from the negotiations with Kim Jong-Un. What this means is that instability and the threat of war will increase dramatically in the months ahead. Kim Jong-Un will view this collapse as an opportunity to tighten his ties with communist China and Iran to spread and enhance his nuclear weapons capability. Sadly, the…


Donald Trump Became a One Term President Today

By John Galt February 15, 2019 19:40 ET In less than one week, President Donald J. Trump went from being as Cool as Coolidge to as Wimpy as W. The blind “Trumptards” as I referred to them during the primary season will live in denial and follow their cult, along with the United States, into their own political grave. President Troover however, our current leader, took actions today which are those of a swamp creature, the very political elites of which he criticized for years and promised to eradicate. Yet his…


What to Expect from Tonight’s State of the Union

by John Galt February 5, 2019 20:40 ET Another year of drama, another State of the Union address to our nation by President Trump. What makes this one different? For one, I refuse to sponsor a drinking game tonight because I for one and intoxicated from all this winning. On the President’s slate tonight, expect the following: Bragging on the economy, and justifiably so.Bragging about ISIS being almost totally eliminated if one doesn’t count the ISIS embeds in France.Bragging about Gorsuch and Kavanaugh bringing “balance” to the SCOTUS.Bragging about his wife…


AAPLgeddon Approaches

by John GaltFebruary 3, 2019 22:30 ET The bad news from Apple earlier this month impacted the global markets hard since 6 p.m. Eastern Wednesday night on January 2nd of this year with everything from a flash crash in FX (USD/JPY): To the impact on futures which as of the following morning were down over 300 points on the DJIA. So why could one stock be the great harbinger that every bear has been hibernating on? A quick review of Apple’s history without five thousand words about how many central banks…


With This Story, I can Say it: Now I’m done

by John GaltJanuary 24, 2019 22:15 ET Just WTF. What kind of story would cause me to say this? From the front page of the DrudgeReport.com tonight, an AP story that just makes one shake their head and say “WTF”!?!?! Man says emotional support alligator helps his depression I’m sure this guy is a nice guy. I believe he has issues with emotional depression, hell, that’s tough at his age. But his doctor? Saying “yep, it’s okie dokey to have a five foot alligator with you, even to snuggle, to keep…


President Origami Folds Again

by John GaltJanuary 24, 2019 18:50 ET Sigh. Just when you think he’s going to man up, go to the mat, and fight to the finish, President Trump folds more than a Tokyo Origami Competition: As the Shutdown was going on, Nancy Pelosi asked me to give the State of the Union Address. I agreed. She then changed her mind because of the Shutdown, suggesting a later date. This is her prerogative – I will do the Address when the Shutdown is over. I am not looking for an….— Donald J….


Alexandria Ocasio-Cortez Hates Billionaires Loves their Money

Another Democrat superstar trying to copy Obama, another liar. How can I state this better than to use AOC’s own words (courtesy of FoxNews): If billionaires are so immoral, she sure has a strange way of showing her disdain for them. For example, the one obvious case I could find after digging through Ocasio-Cortez’s FEC filings was this donation from Tom Steyer in California, who gave the maximum: Of course, if I really wanted to find out if she received a lot more money from the PAC’s and other billionaire outlets,…


2018 Was the First Year with no Bank Failures since 2006

by John Galt January 15, 2019 20:35 ET For the first time in thirteen years, the Federal Deposit Insurance Corporation record any bank seizures. This marks the first time since 2006 that the United States did not have a bank failure, but in the bigger economic scheme of things, what does this mean? First and foremost, the lack of action by the FDIC and statements published regarding the health of our banking system indicates that a real economic recovery was underway in 2018. This does not mean all is well throughout…


President Troover

by John Galt January 2, 2019 23:00 ET Turning and turning in the widening gyre The falcon cannot hear the falconer; Things fall apart; the centre cannot hold; Mere anarchy is loosed upon the world, The blood-dimmed tide is loosed, and everywhere The ceremony of innocence is drowned; The best lack all conviction, while the worst Are full of passionate intensity. From The Second Coming, by William Butler Yeats After World War One, the political world was massively disrupted, the great empires of the 19th century weakened or destroyed, and new…


Santa Bear is Coming To Town

by John Galt December 24, 2018 23:10 You better not pout, But you might as well cry, Even scream a little, I’m telling you why, Santa Bear is coming to town. He knows when your long Apple, He knows when your short vol, He knows when you’ve bought XLF, So he takes you for a fall! Ohhhh, you better just shout, Even scream and cry, Margin call is coming, I’m telling you why, Santa Bear is coming to town. The CNBC screen grab says it all: Yup, the worst Christmas Eve…


Can you Smell the Market Deathburgers on the Grill?

by John Galt December 6, 2018 05:15 ET This is going to be a super ugly day and the lack of a rally might just lead to one of those “events” which change the fortunes of not just market participants, but the global economy as a whole. For example, here is a quick snapshot of DJIA and S&P futures (courtesy of Investing.com): Ugly. But the S&P is uglier: Why is it uglier? Because the full lack of action by the OPEC nations has yet to be digested nor impacted on the…


My Prediction for the Post-Election U.S. Stock Market Reaction

by John Galt November 5, 2018 05:00 ET As this guy reminds us on an almost daily basis, the stock market is still around all time highs: But what happens on November 7, 2018 and the post-election hangover? This is my quick and dirty assessment (as promised) of what I could see happening between now and the end of the year in equities only, with some hope that one scenario pans out; because the Democrats having a great night will be a much greater nightmare than anyone could imagine. So let’s…


Georgia Democrats Use Terrorists to Intimidate Voters

by John Galt November 4, 2018 12:25 ET I hope that the fence sitting independents and Republicans take a good look at what their state will become if they vote for an avowed socialist to be their Governor: (h/t Breitbart News) If my fellow Floridians do not think that is scary, trust me, Andrew “Fidel” Gillum is jealous that he does not have a radical terrorist militia like the Black Panthers helping him in our state. Oh, and by the way Georgia, guess who was trying to hack your voting records…


The Ultimate Fiat Currency is Heading for Disaster

by John Galt November 3, 2018 05:30 ET On June 13th via ZeroHedge Raoul Paul summed up a shocking reality that most of us realized over many, many, many lost dollars ago: When I started to write this article, it was way, way back in June, but more important matters distracted from my penmanship. Thus why revisiting this draft and publishing it is crucial today. I like the idea of cryptocurrency; however I do not like the concept as currently constructed at this time because it is an invitation to fraud,…


Why American Consumers are About to be Blindsided by a Deflationary Shockwave

by John Galt November 2, 2018 23:55 ET Last night in response to an article posted by Tyler Durden at ZeroHedge titled “Why American Consumers Are About To Be Blindsided By An Inflationary Shockwave” I posted a somewhat short, terse, and crude response: The “money line” as I like to refer to it from the ZH posting was this: While inflation still technically remains near the Fed’s 2% target, if you believe the CPI number, which as we have discussed previously woefully undercounts true inflation which is as much as three…


The New Neutron Bomb of the 21st Century has Been Unveiled

by John Galt November 2, 2018 22:10 ET 0 The question facing mankind is does our own arrogance with the supposed mastery of the atom and weapons related to the developments of the 1950’s destroy civilization as we know it, or do we do it to ourselves using the very technology designed to advance our species? I say the latter. The advancements into robotics and remote military technology are purely terrifying. However, the video from CNBC above seems innocent enough. Until one takes a pause and realizes the implications and evil…


Why Michigan Republicans Should Ignore the Media and Vote for John James

by John Galt November 2, 2018 19:50 ET First, so the liberal lunatic left can not accuse me of “bias”, here is a brief bio from the prospective Senate candidate himself: John James is a husband, father, combat veteran and businessman. He is a pro-life, pro-Second Amendment, pro-business conservative who has demonstrated energetic leadership, clarity of vision and a passion for service from the battlefield to the boardroom. John’s lived the American Dream and wants to protect that Dream for future generations. At 17, John made the decision to serve his…


The BIG Oh-Crap: What if the Democrats Have a Great 2018 Election

by John Galt November 1, 2018 05:45 ET The Nancy Pelosi fantasy is not as impossible as some may think. The truth is that if the GOP base fails to show up to vote now through next Tuesday in sufficient numbers, the Democrats will seize control of the House of Representatives and blunt the surge of Republicans having a far larger majority in the U.S. Senate. The impact of Democrats having a great election would be felt all the way down to the state level, which changes the dynamics of our…


Why Florida is NOT Turning Blue this Election in 2 Short Videos

by John Galt October 31, 2018 19:20 ET Bernie Sanders with Andrew Gillum rally in Miami, Florida today: Bernie Sanders Rally for Andrew Gillum today. Almost no one was there. This is the Blue Wave power🤣🌊🚽 pic.twitter.com/1drlDZUjmY — PolishPatriot™️ (@PolishPatriotTM) October 31, 2018 Just the LINE to get into to see the Trump/DeSantis/Scott rally 2 hours before the door opens in Estero, Florida (just south of Fort Myers): Thousands head in to Hertz Arena for @realDonaldTrump #MAGA rally. The President will be in Estero to boost GOP gubernatorial nominee Ron DeSantis…


The John Galt 2018 Election Predictions

by John Galt October 31, 2018 05:00 ET On all Hallow’s Eve, The Spirits shall rise, Will Trump’s message, Lead to the GOP’s demise? Or will spooks and commies, Take the Democrats down, Because they follow leaders, Like that Pelosi clown…. Ugh. Another election. And for myself? I voted a straight Republican ticket for the first time in my life. Why? Every Libertarian on the ballot in my part of and state of Florida is freaking flake. I don’t want open borders, I don’t want all drugs legalized, and I damned…


The Backlash Election of 2018

by John Galt October 30, 2018 21:30 ET Everywhere an average soul looks, stops, or listens, the implication is that America hates Trump and that the elections are going to be a disaster for the Republicans. Hence the idea that the #FakeNews media along with their new accomplices in the world of social media is that there is a sense of panic for conservatives and that all is lost come one week from today. Really? The Democrats (aka Socialist-lite) Party would have everyone believe that they are beloved, that Obamacare was…


Why Trump Won in 2016 and Will Win Again in 2018

by John Galt October 24, 2018 11:10 ET Weird. I forgot about this video. Yeah, when Donald J. Trump ran for President I was not exactly his biggest fan. Yet now? After two years of commielib Marxist bullshit? Yeah, I’m an asshole. Enjoy this reminder as my election prediction post will be coming soon, along with a lot more commentary about the insanity we have seen lately.


Oh My God, We are All Going To Die from the Market Crash

by John Galt October 24, 2018 22:20 ET The screaming headlines everywhere from the New York Post to Zero Hedge says it all, the end of Western Civilization is upon us (again): Thus, we are all going to die, because the usual suspects say so, right? Uh, not in my opinion. I have received emails, requests, concerned private messages, and bewilderment as to why I have not posted my infamous “Deathburger” theme for the markets this month. That is simple: What we are witnessing in the markets this month is nothing…


If President Trump Fails to Stop the Illegal Alien Mob, His Presidency is Over

by John Galt October 23, 2018 21:00 ET The #FakeNewsMedia has continued its phony celebration of the so-called “migrant” mob marching up from El Salvador, Guatemala, and Honduras as a wonderful thing which is designed to play on America’s sympathies. However, for President Trump the future of his Presidency, our economy, and the U.S. Constitution are now being challenged to a point far beyond what the President ever dreamed of. IF Donald Trump fails to prevent the entry of this mob of illegal aliens, he will lose the support of his…


The Democrats Just Committed a 30 Year Suicide

by John Galt September 27, 2018 22:10 ET The Political Prostitute game has failed again. In what can be only called an obvious gambit by grabbing the liberal version of Suzie Homemaker to slander, libel, and belittle an honorable nominee to become a victim of the progressive left’s last ditch effort to save their legislative majority on the United States Supreme Court, all they have to show for it is a large number of furious independent and Republican voters who shall impose their penalty for this foolishness in November of this…




Yo, UpChuck Todd, Well, We’re Waiting

by John Galt August 31, 2018 20:35 ET As usual NBC and its absurd attempt to replace a legend on Sunday mornings promotes more fake news to keep his legacy intact. After all even the Huffington-Puffington Post promoted his “yuge” story last night: Chuck Todd Says Mueller May Drop Something Big: ‘I Wouldn’t Miss Work Tomorrow’ Excerpted: But Chuck Todd said it could be a whole lot sooner. “I’ll be honest with you: I’m not missing work tomorrow,” he said, referring to Friday, the last business day before Labor Day. “I…


How Florida Just Destroyed the Blue Wave Dreams of the Left

by John Galt August 28, 2018 22:15 ET The headline on Drudge tonight speaks volumes: I decided during this social justice love fest on the left wing cable channels (I refuse to call CNN/MSDNC “news” channels), to watch a little bit of Mr. Gillum’s acceptance speech and listen to the left wing pundits on those networks. Two words sum it up: Just wow. The “mainstream” media is already jumping on the Andrew Gillum train, promoting the idea that Florida is like California or New York, ready to elect an extremist quasi-Socialist…


Stories Which Let’s One Know that America is in its Final Days

by John Galt August 28, 2018 20:150 ET America is doomed. Not tomorrow, not the next day, not this weekend, but sooner than most think. Over the last week some stories have indicated to me that our religious institutions are in trouble, the “media” is hilariously out of step with reality (that includes you Fox News), the Democrat Party has devolved into something just short of the radical socialists which attempted to destroy France in the last century, and of course, America’s education system has turned into Lenin’s indoctrination camp where…


Trump’s Mueller Miscalculation

by John Galt August 27, 2018 05:00 ET A President who was widely respected by both sides of the political aisle becomes a victim of his own success in his own mind. When and where have we heard that idea postulated before? Nay, not just in 2017, minus the respect for President Donald Trump which was exhibited when he was a registered Democrat; my readers need to slide their history clocks back to 1927, where Herbert Hoover was in the process of being nominated for the Presidency via the Republican Party….


American Airlines Apparently Decides to Price Gouge for Hurricane Lane Hitting Hawaii

by John Galt August 22, 2018 19:20 ET Remember all the stories about the hurricanes hitting Texas, Louisiana, and of course my home state of Florida and “entrepreneurs” price gouging then getting arrested after the storm? In the fine tradition of Pakistani owned convenience stores raising gas prices from $3.00 per gallon to $14.00 per gallon the day before a storm hits, American Airlines apparently has decide that it should be run like a convenience store in South Florida. From Ian Minnerly’s Twitter feed: So I guess @AmericanAir is still price…


My Ode to the Electric Fools of Tesla

by John Galt August 15, 2018 21:30 ET First posted on Zero Hedge by moi on a whim…. Puff, the Magic Dragon, It’s what I call my car, It is a Tesla, Flames can be seen from afar.   Smoke is an illusion, Because I am so high, 160 miles per gallon, Is awesome as my kids fry.   Puff the Magic Dragon, Is burning real bad, Chinese plastic melting smells Like my dead Grand dad,   Yet it’s my car, And I love it so, The fire is so cool,…


All you Need to Know about the Antifa Morons in One Picture

by John Galt August 13, 2018 21:15 ET As I prepared to retire tonight, I elected to review the funniest moments from Twitter courtesy of Twitchy. Of course they did not disappoint with this gem: Solid burn: Fox News-obsessed Brian Stelter gets an Antifa reality check from Caleb Hull The exchange between the limp-wristed Stetler and Hull was not of any importance. However this tweet from NBC29 was worth reading the mindless dribble about the left vs. left protests: Chalottesville: Hundreds of people have made their way into downtown security area…


Why Trump’s Support is Still Strong as Explained by Al Bundy

by John Galt August 12, 2018 09:40 ET American elites are befuddled. President Trump has insulted, cajoled, slapped around, and derided his opposition to the point where they cry on television or provide 24/7 coverage of the activities of a slutty porn star. Yet all of the attacks on Trump for his actions have resulted in practically zero backlash from his supporters, almost no consequences politically, and an investigation initiated by Obama’s political operatives which is now viewed unfavorably by the majority of Americans and should end. In a nutshell Al…


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