April 2016

04.27 23:05 ET: Bank of Japan Screws Yellen, TAKES NO ACTION!

by John Galt April 27, 2016 23:05 ET Japan has elected to maintain its current levels of funding with rates and stimulus unchanged. Kuroda basically just told Janet Yellen to go fawk herself. The Japanese Yen just soared against the U.S. Dollar on the announcement (screenshot via BloombergTV): The candlestick on the 1 minute chart via NetDania was even more impressive: Meanwhile in the U.S., S&P and Dow futures, well, shit the bed on the announcement: Everyone knew something was up when Kuroda delayed the announcement but to see this type…


The Fed Goes Full Retard Leaving Investors Totally Befuddled

by John Galt April 27, 2016 22:30 ET James Grant summed up today’s FOMC meeting better than any other talking head today (via Bloomberg-TV): “They remind me in the aggregate of the most novice of novice retail investors” That actually sums up the Federal Reserve Open Market Committee quite nicely. What did they say today to trigger this response? From the Federal Reserve website: Press Release Release Date: April 27, 2016 For release at 2:00 p.m. EDT Information received since the Federal Open Market Committee met in March indicates that labor…



The Truth Behind Apple’s Dismal Earnings the MSM Won’t Report

by John Galt April 26, 2016 19:30 ET The headlines blared across the broadcast financial MSM and the internet as the 4:30 p.m. disaster unfolded on the superstar tech stock known as AAPL: Revenue missed. Earnings per share missed. The blame on television went from China to lack of innovation to absurd theories as to why Apple products must modernize and take advantage of their iWatch which in this writer’s opinion is just an overpriced toy for people to show their friends and say “look at me.” The reality? Apple is…


Target in St. Petersburg, FL Confirms it: Men can Pee Like a Woman in the Ladies Room (Video)

by John Galt April 25, 2016 21:45 ET I swear, I can no longer make this crap up. And today Presidential candidate Democrat in Drag as a Republican confirmed his support for the ideals behind Target’s pee policy. Ah well, if I’ve got to go, I now know what to sing to get access… Man is our nation f’d beyond belief if Trump or Clinton are the nominees. (h/t TheRightScoop)


Another Economic Canary Just Croaked in Asia

by John Galt April 25, 2016 19:00 ET And everyone should be worried….. The new mantra on Wall Street and Main Street is that Europe, Asia, and the Middle East do not matter. What happens there is relatively irrelevant and just keep buying crap be it at the retail level for a new gadget or electronic game app, or in the stock market a biotech with losses of over $100 million and a product which is still five years from viability. Yet reality is happening everyday overseas and Americans had best…


Obama’s Military Reminds Me of the Jimmy Carter Era (Video)

by John Galt April 25, 2016 18:00ET First we focused on making sure gays were welcome in the military. Obama made sure to make a big deal about this. Unfortunately for his royal ignorance, they have always served but no one cared because 99% of the soldiers kept their sexuality to themselves unless it was the usual bullshit scuttelbutt about finding that nice piece of ass in town during liberty. Now even that conversation has taken on new meaning. Then it was to force the military to be more accommodating to…


Obama to Send 250 More Troops into Undeclared Syrian War

by John Galt April 24, 2016 21:30 ET The United States has declared war on the government of Syria but someone forgot to tell the American people and U.S. Constitution. In May of 2013 I highlighted the games Obama started playing with the Saudis over the Syrian Civil War and the sudden rush of “contributions” some of which appeared to originate from GCC nations. Fast forward to this weekend where suddenly after meeting with King Salman in Saudi Arabia, Obama is set to increase the U.S. involvement in the conflict which…


Sean Hannity is the RINO Leg Tingling Version of Chris Matthews in 2016 (VIDEO)

by John Galt April 24, 2016 15:20 ET When the Washington Free Beacon published this hilarious video several weeks ago, I thought to myself, “there is no way Hannity could act any worse than this.” I was wrong. I will tell everyone that there is one huge difference between Chris Matthews and Sean Hannity regarding leg-tingling and their excitement towards ‘their’ respective candidates: Sean Hannity goes all the way, he swallows.


The Delusional World of Trumptards

by John Galt April 24, 2016 15:10 ET In the last three weeks, I thought I could not be any more amazed and stunned by the blithering stupidity of supporters of one Donald J. Trump, aka, Trumptards. I hereby retract that statement. The delusion is not only strong with these weirdos, it extends into the formerly, now allegedly, conservative and patriot media community and worse, into churches, major television networks, and a few bitter clinging political has-beens who desire a return to relevancy; right Dr. Carson? Wow. Pretty sad there, but…



Hannity the Hypocrite Loses it With Ted Cruz

by John Galt April 20, 2016 1945 ET Yesterday on the Sean Hannity Radio Show, the host who is obviously 100% in the bag for Donald Trump, lost it on Presidential Candidate Senator Ted Cruz when the good Senator went on the attack against his boy(via Mediate on YouTube): Needless to say, Senator Cruz is not backing down and doubled down when he was on the Chris Stigall radio show in Philadelphia today where he stated “There are hosts who make the decision to go in the tank for Trump!” Of…


04.18 0500 Market Update: Cue the Pump Monkeys, OPEC panic Fading

by John Galt April 18, 2016 05:00 ET Last night’s Asian session was interesting as the Japanese earthquakes and OPEC disaster in Doha provided the deflationary double whammy which scared investors out of Tokyo and Shanghai with sizable drops in those markets(charts via YahooFinance): With a 3.4% drop that was pretty nasty. Shanghai was down 1.44%: Meanwhile, US equity futures have recovered substantially since last night’s initial fall as the central bankers began intervening when Europe opened:   With Europe beginning to recover and crude oil prices pausing in their declines…


04.17 DeathCamelBurger Edition: Saudis Choke in Doha, WTI Crashes below $40 on the Open, Stock Futures Falling

by John Galt April 17, 2016 19:15ET Apparently the House of Saud would rather eat their rides than finance them as today’s Doha, Qatar OPEC meeting ended in discord and disaster for the now flailing for a reason to exist organization. The results? WTI-Crude opened up down over 6% along with Brent and created a huge disaster for the longs that enjoyed the short covering rally of the past few weeks (Charts courtesy of Finviz.com/prices delayed 15 mins):   Note: WTI rolled over to the June 2016 contract starting today; on…


04.17 14:30 ET BREAKING NEWS: OPEC Doha Meeting Ends with No Agreement

by John Galt April 17, 2016 14:30 ET In a not so shocking development, the Saudis and Russians could not find middle ground for agreement to freeze oil production until October of this year as Saudi Arabia insisted on some sort of output reduction guarantees from Iran. The news just broke in the past 20 minutes, here is Reuters breaking news on the meetings: OPEC and non-OPEC producers on Sunday failed to reach a deal to freeze oil output, three oil industry sources told Reuters. Sources said OPEC producers had told…


Rush is Wrong: The Fox News-Trump Dirty Trick Against Cruz Is NOT a Big Deal

by John Galt April 15, 2016 18:00 ET Rush Limbaugh spent some considerable time on his radio program today highlighting an obvious Roger Stone-like dirty trick executed at the Republican Party of New York Gala held in Manhattan last night. The mainstream media highlighted how “Ted Cruz was ignored by the crowd for his New York values comment,” but in reality the planners, whomever they were working with had this sabotage in the works many weeks ago if one is to believe El Rushbo’s commentary today. What did Rush say? Here…


Donald J. Trump: “Whining not Winning” (VIDEO)

by John Galt April 11, 2016 16:45 ET A woman in the crowd at Ted Cruz’s Irvine, CA rally today summed up The Donald’s reaction perfectly with one statement: “Whining, not winning” Boy does that sum up the Cheetos faced crybaby perfectly. He can’t get his ground game going because he’s too cheap. He can’t even get his kids registered properly to vote for him in the New York State GOP Primary! And there are whiny little bitches that want to vote for “that guy” to become President? Check out Ted…


Meet the Typical Trumptard

by John Galt April 10, 2016 19:00 ET (h/t RedState for finding this gem)   Of course what this moron forgets to mention is that most of us are “independents” or Libertarians and we are against the establishment also. But whatever. He burned his house down to feel better about the rules being followed.


Why I am BACK on the #NeverTrump Train Until the Election is Over

by John Galt April 8, 2016 19:25 ET I have been leaning #NeverTrump for a while but on March 3rd, the evil GOP establishment convinced me to tolerate the moron and jump off the train as a result of this: Mitt Romney and the GOPe Just Made me Hop Off the #NeverTrump Bandwagon I wish to congratulate a few people and organizations for permanently changing my mind: All the message boards who have decided to become propaganda mouthpieces posting lies and nonsense about Senator Ted Cruz All the Woo-Woo news sites…



Donald Trump’s Ex-Wife asks the Big Immigration Question: “Who’s going to vacuum our living rooms and clean up after us?”

by John Galt April 3, 2016 18:50 ET Wow. I guess we know more about the mindset in the Trump household now. Via The Hill: Ivana Trump said the first step for America to regain respect is adopting the billionaire’s immigration policies. “And I’m an immigrant,” said Ivana, who was born in the Czech Republic. “As long as you come here legally and get a proper job … we need immigrants. Who’s going to vacuum our living rooms and clean up after us? Americans don’t like to do that,” she added….


A Quick Editorial Note about this Website

By John Galt April 3, 2016 17:50 ET As some of you may have noticed, the links section has changed somewhat with the majority of “pro-Trump” alleged news sites and blogs being removed from the list. I’ve received a number of emails about this and to those queries is simple: If one manages a news aggregation, message board, or blog where they are too stupid, retarded, or willfully incapable to see what an evil threat to the American way of life and our Constitution one Donald J. Trump really is, then…


Ad of the Day Hammers John Kasich’s Love Affair with Obamacare

By John Galt April 3, 2016 17:45 ET When the PACs start to unload the facts and the ad is effective because of it, wow, do these ads hit home and hard. Governor Kasich can not deny that he supported the expansion of Medicare benefits which was the blackmail installed within Obamacare to lure Republican governors into the trap under the perception of “free” money for their states. The reality is that after Obama leaves office, the Federal funds dry up by 2018 and the states are left with the bill….


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