Breaking News

IMF set to Declare Chinese Yuan Fairly Valued as De-Dollarization of the World Accelerates

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by John Galt May 04 2015 01:45 ET While most of America is focused on a radical terrorist attack on Americans in Garland, TX, the bigger news came from the International Monetary Fund via the Wall Street Journal tonight which could only be equated to a 9.9 earthquake on the financial Richter scale: IMF to Brighten View of China’s Yuan Fund on verge of declaring China’s currency fairly valued for the first time in more than a decade The story by Ian Talley of the…

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05.03 23:15 ET BREAKING NEWS: Attempted Islamist Terrorist Attack in Garland, TX (UPDATE-ISIS Claims Responsibility)

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by John Galt May 03, 2015 23:30 ET The news broke tonight with a violent reverberation across the internet starting with the theory from the Drudge Report’s headline: While this may come as a shock to many Americans, this might be considered a shock, but to those of us who have been warning about the dangers of radical Islam and it’s influence and activities which have been condoned by America’s political elite, this is the norm which we will now have to live with. The…

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Cold War v2.0: NATO Establishes Direct Hotline to Russian Defense Ministry

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by John Galt May 3, 2015 09:50 ET The German newspaper Frankfurter Allgemeine Zeitung breaks the news which should have every European civilian deeply concerned: NATO Initiates Hotline to Russia’s Defense Ministry The story should worry everyone. This course of action has not occurred since the Cold War which infers that indeed, NATO military leadership feels there is a growing risk of a direct conflict between the two powers. From the article (Translated via Google): NATO has for the first time since the Cold War…

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Uh, oh Apple’s Wrist Porno Device has a Defect

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by John Galt April 29, 2015 22:59 ET The headline from the Drudge Report says it all: The story via Marketwatch is even worse: A key component of the Apple Watch made by one of two suppliers was found to be defective, prompting Apple Inc. to limit the availability of the highly anticipated new product, according to people familiar with the matter. The part involved is the so-called taptic engine, designed by Apple AAPL, -0.65% to produce the sensation of being tapped on the wrist.…

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Johns Hopkins bans Non-Existent Plans for a Future Chick-fil-A on Campus

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by John Galt April 22, 2015 20:00 ET Yes America, we have reached the point of banning nothing. The National Review has an awesome story about the holier than thou quasi-Marxist elitists at Johns Hopkins University banning the future building of any Chik-fil-A restaurant on campus for the students because they oppose gay marriage, even though there are no plans to build one now or in the future. Yes, seriously. From the article linked above: The JHU student government’s vote this week to ban any…

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04.13.15 Ukraine Civil War Update: All Hell is Breaking loose with Heavy Fighting around Donetsk (Videos)

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by John Galt April 13, 2015 20:50 ET Armored vehicles in downtown Donetsk: Near Peski: Just outside the Donetsk Airport: Night battle-Sands Spartak Airport: Anti-aircraft fire from Pro-Russian forces at Ukrainian drone over city of Donetsk: Night battle near Spartak/Donetsk Airport: News and eyewitness reports have been pouring in about Ukrainian and NAF fighting all along the LOC (Line of Control) which appears to indicate the ceasefire is all but over: Also reports about the continuing fight for Peski Northwest of Donetsk which apparently has…

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The Obama Domestic Army at Work: Alachua County, FL Deputies in Armored Car Pull man over for Flipping Bird

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by John Galt April 13, 2015 19:20 ET Good thing the US military sold all those armored cars using DHS subsidies to local police departments and sheriffs for things like domestic terrorist threats and Islamic radicals, right? Uh, no. From my home state the unbelievable story and video of a man being pulled over by one of those new armored vehicles for the terrorist act of flipping the bird. From the Ocala Star Banner: Alachua County’s armored vehicle makes traffic stop after driver flips the…

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5 more Nations Start to Flee the US Dollar by Joining China’s New AIIB Bank

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by John Galt April 12 2015 2o:20 ET The disaster which will soon become the joke of the world known as the US Dollar witnessed 5 more nations deciding to flee and take up China’s offer to become founding members of the new Asian Infrastructure Investment Bank. From Xinhua earlier today: AIIB accepts 5 more prospective founding members BEIJING, April 12 (Xinhua) — The Netherlands, Brazil, Finland, Georgia and Denmark have been approved as prospective founding members of the Asian Infrastructure Investment Bank (AIIB), the…

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04.12.15 1800 ET – Ceasefire appears Over, Fighting Breaking out Throughout Eastern Ukraine (Videos)

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by John Galt April 12 2015  18:00 ET As the sun set on Easter Sunday throughout Eastern Ukraine, the fighting appears to have broken out across a broad front from Donetsk to Mariupol and rumors of Russian armor massing throughout the Donbas region. If this confirms, the final offensive to liberate Eastern Ukraine could be starting tonight and erupt creating chaos in NATO and Kiev as there is little from a military perspective that the West could do to counter this move unless they declare…

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FBI and DEA Agents Actually have to be Instructed not to Consort with Hookers?!?!

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by John Galt April 10, 2015 20:50 ET Yes. Seriously. That paragon of honesty and virtue (cough, cough, hack, choke on that one) Attorney General Eric Holder actually had to advise all of America’s FBI and DEA agents in a memo that it is not a good idea to associate with prostitutes. Seriously. From AFP today: Attorney General Eric Holder said paying prostitutes “threatens the core mission” of the department, because it can lead to extortion and blackmail and can support human trafficking. Even where…

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Russian Su-27 Almost Collides With US Spy Plane over Baltic Sea

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by John Galt April 10, 2015 19:40 ET As the United States administration starts to ramp up for the upcoming World War against Russia and its allies, the Russians have sent another message to the United States Air Force using their old Cold War style of near misses to scare the crap out of our pilots in areas near Russian air space or interests. Breaking tonight from the Washington Free Beacon tonight: Russian Fighter Jet Nearly Collides with U.S. Spy Jet Over Europe This is…

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4.09 BRKG NEWS: Witchy-Poo, aka Hillary to Announce She’s Runing for Empress Sunday

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by John Galt April 9, 2015 19:25 ET MSDNC and Business Insider broke the news tonight: Hillary Clinton will announce her 2016 campaign this weekend Yes, on Sunday she will take to social media to announce her candidacy because her new plastic face was not ready for the high powered lights of modern television and she might risk melting during a live broadcast of such magnitude. Interestingly she will not be taking any questions or doing any interviews after casting her spell on the internet,…

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Jeb Bush Registered as a Hispanic Voter in Florida in 2009

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By John Galt April 6, 2015 09:30 ET I don’t want to say that old Jeb is showing signs of desperation before he even announces his run for the Presidency, but to show how quickly he wanted to distance himself from his dufus brother, George W. Bush, he changed his race to “Hispanic” on his voter registration card in 2009: (click on photo for full sized version) The New York Times first reported on this story and it just demonstrates how fake and phony the…

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Saudi Arabia Captures 4 Shia Rebels 1 Saudi Soldier Killed in Al-Qatif (Video)

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By John Galt April 5, 2015 21:45 ET Keep in mind that the video and news report below is from a propaganda bases source, PressTV via Iran: However this does confirm a report from Al-Jazeera early Monday morning of such a raid occurring (translated via Google): One Security Man Killed, one Wounded during Anti-Terror Raid in Eastern Saudi Arabia According to the Saudi Press Agency murder of a security man and left five wounded in an exchange of gunfire in the town of Awamiya in…

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Ted Cruz and Rand Paul are Threatening Rove’s Bush-Clinton Empire

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By John Galt April 5, 2015 20:05 ET Apparently the FNC-Rove Empire is under threat as he’s moved mating season up by some three months. Why do I say this? These stories: Jeb Bush as Inevitable Choice? Republicans Say Not So Fast Jeb’s South Carolina firewall fails to take shape Ted Cruz’s passion play-The Texas senator telegraphs how he plans to win the GOP nomination What has Karl Rove, Fox News, the Democrat Party, Shrillary, and the Bush Family Business worried? I like Cruz, would…

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Gold Surges in Sunday Night Trading after Pathetic Jobs Report and US$ Collapse

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By John Galt April 5, 2015 18:30 ET This could be a very, very, very interesting evening to watch the overnight trade. Gold is up over $12 and Silver back over $17 per oz.   Stay tuned as US equity futures which looked fugly on Friday open shortly…. Like this:Like Loading...

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The Grexit Threat Accelerates next Week with Tsipras Meeting Putin in Moscow

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By John Galt April 5, 2015 18:00 ET While the European Union continues its tizzy over the possible threat of the colony formerly known as Greece daring to do what is best for its own people, the Greek Prime Minister is preparing an exit strategy by looking east to the future alternative to the ECB/Fed/BoE/IMF monopoly on emerging economies and debtor nations. As the Russians and Chinese prepare to surprise the West with the AIIB, Greece looks to hitch its star to Moscow as a…

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The Great Flight from the Dollar Continues: Australia and Denmark Join Chinese Created AIIB

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By John Galt March 29, 2015 20:45 ET As the world turns, these are the days of our Federal Reserve’s lives…. Unfortunately for Janet Yellen, the shareholders of the Federal Reserve, and the Caddyshack in Chief the world is rapidly preparing for the ultimate collapse of our fiat funny money as we go deeper into debt and threaten those nations that do not support it with our robotic weapons and CIA covert overthrow squad. Today two more nations officially and quietly said screw you guys,…

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Russia to Join Chinese led Asian Infrastructure Investment Bank

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by John Galt March 28, 2015 10:05 ET And now the circle is complete. With the United States following, not leading, it’s European banking allies into the Chinese created AIIB alternative to the IMF/World Bank cartel, it was only a matter of time before Russia joined. As of today, Russia has indicated they are joining the bank and since they already have a currency exchange agreement with China the Russians might hold a little bit more influence than the US government or Federal Reserve. From…

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Fitch Continues the Downgrade Parade Reduces Greece to Junk Status Down to CCC

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by John Galt March 28, 2015 09:00 ET In preparation for the impending Grexit, Fitch has decided to downgrade Greece further into junk status by reducing the rating on their credit quality to ‘CCC’.  From the Greek Newspaper Ekathimerini: Fitch downgrades Greece amid bailout uncertainty (excerpted) Ratings agency Fitch has downgraded Greeces sovereign rating amid growing uncertainty over the new government’s pledge to overhaul reforms needed to restart bailout loan payments and avoid default. The agency late on Friday said it had lowered the country’s…

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Iran to get Nukes, Israel Angry, and Yemen being Invaded; Guess Where Obama is Going?

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by John Galt March 26, 2015 19:40 ET While Michelle Obama is in Southeast Asia destroying what relationships we have with our remaining allies in that region: Cambodian prime minister criticizes Michelle Obama visit Ah well, maybe it was her dance moves. The Emperor of the United States (EATUS) decided that after this stressful week of doing nothing but finding new ways to destroy the Constitution that he needed a break. After all, selling out America’s only ally in the Middle East which just happens…

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03.26 Gold and Oil Surge on Yemen Conflict

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by John Galt March 26, 2015 05:00 ET Needless to say that old barbaric metal must be popular in the Middle East as an insurance policy against economic destabilization. As the news about the size and scope of the Saudi offensive into Yemen became public knowledge overnight, precious metals surged in response: Meanwhile WTI Crude is up over $2.00 per barrel as of this posting: Stay tuned as this conflict has the potential of spreading far and wide throughout the region thus ending the bear…

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03.25 20:45 ET: Saudi Arabia & GCC Launch Military Operations in Yemen

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by John Galt March 25, 2015 20:55 ET As I warned in January, the start of a conflict involving the pro-Iranian Houthis and Arab nations in the region would start within weeks of their movement towards the capitol and as warned, the conflict has now expanded to include the nations of Saudi Arabia and the Gulf Cooperation Council launching attacks in Yemen this afternoon. From Al-Jazeera minutes ago: Saudi ambassador announces military operation in Yemen Saudi envoy to US says his country has begun airstrikes…

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Obama’s Petulant Revenge: US Declassifies Intel Report on Israel’s Nuclear Weapons Program

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by John Galt March 25,2015 20:33 ET The petulant emperor’s temper tantrum has reached new lows with the hatred towards Prime Minister Bibi Netanyahu and apparent secret policy of anti-Semitism which runs rampant throughout the administration. Tonight, the Obama administration “suddenly” declassified very sensitive information about Israel’s nuclear weapons program, amazingly enough, on the eve of a possible non-written, undocumented agreement with the terrorist nation of Iran on their nuclear program. From the Israel National News, Arutz Sheva: US Declassifies Document Revealing Israel’s Nuclear Program…

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A Famous Right Wing Extremist Announces his Presidential Run (Video)

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by John Galt March 23, 2015 21:00 ET Funny how the Republican establishment, Democrats, and mainstream media always come up with the term “right wing extremist” whenever someone who supports the Constitution, defends Freedom and our nation’s responsibility in the world, and opposes a large central government in Washington, D.C. Ted Cruz however was not the first to be given this label. Perhaps taking a moment to listen to Ronald Reagan’s announcement or read the transcript below might refresh the whining woo-woo crowd, America haters,…

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Senator Ted Cruz at Liberty University Announcing Presidential Bid (Full Video)

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by John Galt March 23, 2015 17:30 ET Go Ted Go!   The following is a transcript of Sen. Ted Cruz’ remarks at Liberty University in Lynchburg, Va., where he announced his presidential campaign: SEN. TED CRUZ: “Thank you so much President Falwell. God Bless Liberty University. [cheers and applause] I am thrilled to join you today at the largest Christian university in the world. [cheers and applause] Today, I want to talk with you about the promise of America. Imagine your parents when they…

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Senator Ted Cruz to Announce his Presidential Run on Monday 03.23

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by John Galt March 22, 2015 08:40 ET Thankfully there will be at least one conservative candidate who actually walks the walk regarding the US Constitution running for President. From CNN about 40 minutes ago: Ted Cruz to announce 2016 presidential bid on Monday Ted Cruz is first out the gate. The first-term senator from Texas will announce that he’s running for the Republican presidential nomination, according to the Houston Chronicle. He will make his official declaration Monday in Lynchburg, Virginia at Liberty University, the…

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De-Dollarization Accelerates as Switzerland Quietly Wields a Big Bank Stick by Joining the Chinese Founded AIIB

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by John Galt March 21, 2015 08:45 ET The statement from the Swiss Federal Council on Friday was crystal clear and a shot across the bow of the US administration (and probably Federal Reserve also) efforts to blunt the creation and expansion of a non-US controlled Asian banking entity to counter the American financial control of the IMF and World Bank: Switzerland to participate in foundation process of Asian Infrastructure Investment Bank Bern, 20.03.2015 – The Federal Council has decided that Switzerland will participate in…

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From Flash Crash to Flash Crash-Up the Dollar Demonstrates Global Instability

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by John Galt March 19, 2015 05:00 ET At 2 pm yesterday the Federal Reserve launched their desired impact on the currency wars by dropping subtle hints that they were going to do nothing about interest rates but that they were paying attention to the US dollar. Low and behold, we had a flash crash in the USD and surge in the Euro. Fast forward to the open of the European markets this morning and the ECB demonstrates that they can make their currency move…

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Saddam Obama Goes off the Deep End: Supports Mandatory Voting in US Elections

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by John Galt March 18, 2015 20:05 ET Saddam Hussein Obama, the Emperor and current President of the United States has officially gone off the deep end. No, it’s not a requirement that all inner city kids drop midnight basketball and be forced to learn golf. It’s worse. He’s supporting the idea of “mandatory voting” for United States citizens in national elections. From David Boyer in the Washington Times tonight: Obama calls for mandatory voting in U.S. President Obama, whose party was trounced in last…

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OMG, Funniest Summary of the Faux Gluten Free Millennials EVER

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by John Galt March 18, 2015 17:50 ET This dude nails what I’ve witnessed at Whole Foods, Trader Joe’s, and damned near everywhere with the millennials and their “I’ve got that too” or “Me too feel sorry for me” new age behavior promoted by the liberals and Marxists who control this nation. Thank you for this awesome video, JP Sears:   For those people who are really sick not the hypochondriac “me too” crowd, you have my sympathy. Everyone else can take that and their…

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03.16 22:00 ET – Ukraine Situation: Riots in Donbas and Is Russia Preparing an Invasion?

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by John Galt March 16, 2015 22:00 ET The situation in the Donbas has been further destabilized by the Ukrainian government thanks to an unrelenting assault on Donetsk which even received Western press coverage via Reuters: Fighting rages near Donetsk airport despite Ukraine ceasefire Meanwhile, just north of Donetsk, an 8 year old girl was killed with her infant sibling and mother being critically injured as the Ukrainian Army movements in town resulted in an armored personnel carrier driving over the family in the town…

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America’s Long National Nightmare may Continue in 2016: Bush v. Gore Part 2

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by John Galt March 16, 2015 19:05 ET First and foremost, if my audience is squeamish or the reader happens to have a weak constitution, I highly advise that one grabs an air sickness bag or suitable bucket to capture the meal consumed most recently. Why? Because there is a building possibility of this happening in the Presidential Election of 2016: Yes America, we may get a chance to revisit the nightmare known as Bush v. Gore 2000 with Other Bush v. Gore 2016. In…

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In the “Cured” PIIGS nation of Spain, Banco Madrid Files for Bankruptcy

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by John Galt March 16, 2015 05:45 ET The cured, resolved, or fixed nation of Spain which is the big “S” in the PIIGS has long been lauded as one of the economies whose problems have been solved by European Union economic voodoo. This morning, that took a turn for the worst when one of the largest banks in the country, Banco Madrid was forced into bankruptcy and depositors were informed that they will have no access to their funds until a judge allows the…

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70 Million Americans Could Lose their Jobs in the Next 10 years

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by John Galt March 15, 2015 22:00 ET The smartest individuals in American capitalism are hiding a secret in plain sight, yet nobody of consequence wishes to address them about the future they are planning. One of the most amazing, and insightful beginnings to a book was written by Martin Ford in The Lights in the Tunnel: What if technology progresses to the point where a substantial fraction of the jobs now performed by people are instead performed autonomously by machines or computers? Is that…

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03.15 20:00 ET – Oil is Crashing and Burning like an Obama Rail Tanker Car

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by John Galt March 15, 2015 20:00 ET Chart presented courtesy of FinViz.com as the real driving force in this decline is still being ignored by the financial propaganda, er, mainstream media: This would be a good time to build the Keystone pipeline because all of those railroad tank cars sitting on the Taggart Comet’s line may go boom like those who went long WTI at $50 thinking it was the bottom. Like this:Like Loading...

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The Grand Wussification of America Continues as Protests Erupt over Facebook Emoticons

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by John Galt March 9, 2015 17:50 ET Before I start this article in full with all the gruesome details, let us all pray: Dear Lord, I know I’m not going to win the Powerball to escape my fate. I accept the fact that my luck is unfortunate as to reside in a nation with a Kenyan Marxist and a drooling bunch of idiots as our national leaders. Thus, please oh Lord, accept my humble prayers, To bring the Electromagnetic Pulse from the sun and…

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The Union Black Swan: A Possible Teamsters Pension Bankruptcy soon Followed by Others

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by John Galt March 8, 2015 20:50 ET There have been some rumblings sent through the internet by the various Teamster union members that the national union in coordination with the Federal government and possibly some state governments may begin the process of officially putting their pension funds into bankruptcy so as to divorce the national union from control and liability for said pensions and leaving the remainder of the benefits outstanding the responsibility of the taxpayer. Rumors have been swirling since mid-February throughout the…

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A Reminder about our Fraud in Chief, Barry Obama and his Selma Speech from 2008

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by John Galt March 8, 2015 19:30 ET Gateway Pundits was kind enough to remind everyone about what a fraud Barry Sortero, aka, Emperor Barack Hussein Obama is as he recounted in 2008 how his parents got married in 1961 and decided to give birth to his royal highnass thanks to the marchers actions in Selma, Alabama. The problem? Well, the Bloody Sunday March did not occur until March 7, 1965. Here is the video of his speech to remind everyone what a fraud this…

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EU President Juncker Calls for Creation of European Union Army

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by John Galt March 8, 2015 13:50 ET Just when one thinks the world can not get bizarre enough with NATO taunting the Russians across their entire border and the Russian military returning the favor in kind around the world, here comes European President Jean-Claude Juncker’s most amazing declaration in the German news paper Die Welt this morning (translated): A common European army would show the world that there is never again war between EU countries. Such an army would help us to build a…

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