Breaking News

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

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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…

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The Fed Goes Full Retard Leaving Investors Totally Befuddled

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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…

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How to Overkill Killing a Sniper with a Surface to Surface Missile (VIDEO)

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by John Galt April 27, 2016 17:15 ET Courtesy of Al-Masdar in Syria where a sniper in East Damascus finds out that the Assad government has some serious weaponry to spare. (FYI, this was an Elephant surface to surface missile for those that may ask)

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

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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…

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

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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)

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Another Economic Canary Just Croaked in Asia

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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…

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

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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…

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Obama to Send 250 More Troops into Undeclared Syrian War

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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…

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

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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.

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The Delusional World of Trumptards

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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.…

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Yeah…It’s all good

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by John Galt April 21 22:40 ET Bolts win the series 4-1 Detroit loses the final game 1-0. It’s all about the Bish.

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Hannity the Hypocrite Loses it With Ted Cruz

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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…

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

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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…

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

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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…

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

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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.…

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

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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…

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

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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”…

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Meet the Typical Trumptard

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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.

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

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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…

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This isn’t going to end well…

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by John Galt April 7, 2016 05:20 ET No comment is really necessary. Please put your trays in the upright position and assume the crash position.

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

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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…

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

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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…

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A Hero in the War Against ISIS that Most Americans Will Never Know

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by John Galt March 28, 2016 20:45 ET While the United States U.S. Army Special forces or Navy SEAL teams would do the same thing this individual did, it is doubtful that THIS administration will give him the credit the individual is due in the war against ISIS unless it served a political purpose. The name “Denis Tukhmanov” will not appear on Fox News, CNN, ABC, etc. His name will never be mentioned by the United States State Department, White House, or even allowed to…

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Meanwhile the Ukrainian Military Continues Attacks in Donbass on Easter Sunday (VIDEOS)

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by John Galt March 27, 2016 13:10 ET The Ukrainian military and its pro-Nazi militias continue to violate the Minsk Ceasefire Agreements with attacks on the rebel forces inside the Donbass region. Even on Easter Sunday, there is no peace for the residents of the areas near Donetsk as the Ukrainian military attacked a vital crossroads just north of the city of Donetsk by the Yasinovatskiy industrial area. Videos of the shelling along with the sounds of the conflict demonstrate that this is no false…

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Watch an ISIS Fighter Wearing a GoPro Camera get Wasted by the Syrian Army (VIDEO)

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by John Galt March 27, 2016 10:40 ET And for wearing that GoPro we thank you. WARNING: This is a graphic, yet enjoyable video. Please note the dying grunts of the terr at the end of the video. (via LiveLeak)

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03.27 Syrian Army Retakes Palmyra Expands Control of Area Around Hama (VIDEOS)

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by John Galt March 27, 2016 10:25 Sunday March 27, 2016 might indeed be a turning point in the war against ISIS in the vast Middle East ground war. The first video from Palmyra with some of the fighting over the last 24 hours illustrates the destruction which has occurred within the city (via Al-Masdar News): And more video via YouTube: Finally, footage allegedly shot today, of what is left of ancient Palmyra after ISIS evacuated the city and the destruction left behind (via Al-Masdar…

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Micheal Savage Threatens to Renounce his Support of Donald Trump over National Enquirer Story

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by John Galt March 25, 2015 16:15 ET I won’t dignify the story from the National Enquirer by re-hashing the garbage they published on Senator Ted Cruz. But what is happening is an incredible backlash against the story that even the Drumpf could not have anticipated. David Pecker, the CEO and Owner of the Enquirer is a good friend of Trump’s and as Savage highlighted on the radio today, this story is so offensive that he might withdraw his support from Trump for “assassination by…

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03.22 BREAKING NEWS: 17 Dead, over 30 wounded in Multiple Bomb Attacks in Belgium

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by John Galt March 22, 2015 04:50 ET During the peak check in period and rush hour in Brussels at 8 a.m. local, multiple explosions hit the airport check-in for American and Belgium airlines killing at least one and wounding 10 per reports from Bloomberg TV Europe. Video from the scene highlights to massive confusion which occurred afterwards: The UK Guardian has reported information via VRT-Belgium that the airport attack was indeed carried out by a suicide bomber. At almost the same time, two Metro…

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A Short Movie about Capitalism: “I Pencil” (VIDEO)

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by John Galt March 21, 2015 19:10 ET I wish to thank Mark Levin for reminding me about this short video which is one of the best explanations of how modern capitalism, not Hooverism has caused not just an evolution, but revolution in the world, enabling the economies of the world to expand via competition; until governments mar that path with protectionism and phony exclusionary trade deals.

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The Truth about Putin’s Withdrawal from Syria

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by John Galt March 21, 2015 04:00 ET THERE is this myth, propagated by the Western media that when Russia engages in an activity which seems counter to prior statements or actions that it is a sign of weakness or incoherent strategic goals. Sadly for the West and the new generation of so-called “Russian” experts, this is the farthest thing from the truth. At the liberal website Slate, the ‘expert’ speculated that it was due to Assad’s intransigence and the financial cost of the operations…

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Hovermerica

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by John Galt March 20, 2015 20:00 ET  ** NOTE: The following commentary is not a slam on the truly handicapped; those individuals unable to walk due to accident, war injuries, etc. Please do not perform the typical short sighted politically correct view and assume I attacking all handicapped individuals, because that is not what this editorial is all about. Today was a typical American day in my household. The only errand I really had to run was into town to pick up a few…

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The Federal Reserve is Being Held Hostage by China

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by John Galt March 17, 2015 05:15 ET Please not the following from the Federal Reserve’s FOMC statement: Information received since the Federal Open Market Committee met in January suggests that economic activity has been expanding at a moderate pace despite the global economic and financial developments of recent months. Household spending has been increasing at a moderate rate, and the housing sector has improved further; however, business fixed investment and net exports have been soft. A range of recent indicators, including strong job gains,…

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The Delegate Math does not look Good for Ted Cruz or #NeverTrump

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by John Galt March 16, 2016 20:00 ET And it looks even worse for the GOP Establishment. Based on my estimates and the behavior of voters this season in varying states, this is how I see the rest of the races in the 2016 Republican Primary: As some radio hosts or fellow Ted Cruz supporters might try to indicate via hopium, the thought process is that Senator Cruz can do well in some of the upcoming states. Without any debates, with free media being shunted…

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That Fresh Clean Feeling after Decontamination

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by John Galt March 16, 2016 17:25 ET I feel like I just had one of those showers like you see in a biological warfare or nuclear war movie. It was refreshing. It was saintly. I have that fresh spring morning euphoria where I no longer smell like I’ve been shoveling fertilizer for twelve hours a day, seven days a week, without ever cleaning up. For months now, I’ve been suffering a blood toxicity and enduring great pain due to contamination from the mainstream media,…

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Dear Ted Cruz, It’s all but over Except for the Fat Glenn Beck Crying

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by John Galt March 16, 2016 16:25 ET Dear Senator Ted Cruz, It is with great sadness that I must announce that your campaign to become the nominee of the Republican Party for the 2016 Presidential Election is realistically coming to an anti-climatic end. The strategy you and/or your staff adopted was brilliant for 2008 or 2012, however the economic and geopolitical realities have changed since that time, and this new era of politics is no longer based on the rule of law, the Constitution,…

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10 Charts to Explain the Upcoming Stock Market Disaster

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by John Galt March 14, 2016 22:20 ET These charts are so easy, even a caveman can understand what’s about to hit. As Apple goes, the stock market usually follows and the chart above explains what is about to hit. IBM is not much better: The bigger issue lies in the financials, be it the regionals or the big banks… Think that’s bad? Check out the XLF and the big boys:       Ultimately what the S&P500 reflects is actually a mirage. With the…

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Why I Voted for Senator Ted Cruz in the Florida Republican Primary

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by John Galt March 15, 2016 18:40 ET Despite the rumors, lies, and nonsense being spread by the GOP establishment, Donald Trump and his army of attack dogs, and the Democrats who despise him for his refusal to negotiate on issues of Constitutional importance, Senator Ted Cruz remains standing in the Republican Presidential Primaries with a chance to win the nomination against all odds. I did my part today by voting for this man in the Florida Republican Primary. The conspiracy loons and others tell…

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Trump GIF of the Year now on Twitter

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by John Galt March 14, 2016 19:10 ET Thank you TheRightScoop and Carlos Maza on Twitter for something which still has me in tears tonight. This is hands down the funniest animated GIF for the political season: Absolutely freaking awesome.

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Rick Santelli Slams it Home Again: We are Living Atlas Shrugged (VIDEO)

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by John Galt March 14, 2016 18:40 ET Is this the post where I say “See, I told you so” once again? Video courtesy of CNBC this morning: Outfreakingstanding sir! That is why we love hearing you speak!

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New Donald Trump Radio Ad Now Being heard in Florida

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by John Galt March 14, 2016 17:35 ET One has to give this man credit, once he wins a state like Florida in the polls,  he begins his post-primary advertisements early: For you terminally stupid Drumpf supporters, this is a parody. Get over yourselves, please.

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Gold/Silver/Dollar Charts

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