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The FBI Is Corrupt And Incompetent – Pelosi Says, “Give ‘Em A Raise!”

Authored by Tom Luongo, That’s exactly what Congressional Democratic Leadership wants done. House Minority Leader Nancy Pelosi and Senate Minority Leader Chuck Schumer have redefined chutzpah to the point of insanity. Not three days after the FBI’s gross malfeasance and incompetence in their mishandling of the Parkland Florida massacre, these cretins have the unmitigated gall […]

Trump Warns CPAC: “Don’t Be Complacent,” Dems “Will Take Away Your 2nd Amendment”

During his speech at the Conservative Political Action Conference – his second as president – President Donald Trump warned his audience not to become complacent because Republicans control all three branches of government in Washington. Because complacency leads to voters staying home, especially during mid-term elections where voter turnout is typically lower. Instead, voters need […]

Gun-Maker Stocks Slump After Florida Imposes Age Restriction On Gun Purchases, Bans Bump Stocks

Shares of gunmakers American Outdoor and Sturm Ruger tumbled to session lows as Florida Governor Rick Scott commented that his state will require all gun purchasers to be aged 21 or above, and additionally bans all sales and purchases of bump stocks. “We will require all individuals purchasing firearms to be 21 or older,” Florida […]

Inequality Is “Natural” – Get Over It

Authored by Nicholas Colas via DataTrekResearch.com, Perusing one of our favorite information sources – the “Most read” articles on the website for the Proceedings of the National Academy of Sciences (PNAS) – we found the following tidbits: Women live longer than men, even during periods of severe famines and epidemics. Moreover, their competitive advantage starts […]

Powell Warns Of “Rising Leverage & Elevated Valuations”; Dudley, Rosengren: QE (Or More) Will Be Back

Ahead of Fed Chair Powell’s first semi-annual monetary policy report to Congress next week (brought forward to 2/27), The Fed has released his prepared remarks warning that “valuations are still elevated across a range of asset classes” and fears “signs of rising non-financial leverage.” To wit: Looking at the key topic of inflation, and the […]

Gates To Plead Guilty In Mueller Probe

Speculation has been mounting for weeks that former Paul Manafort lieutenant (and now indicted co-conspirator) Rick Gates might be preparing to cooperate with Special Counsel Robert Mueller. Now, the New York Times is reporting that Mueller could announce a Gates guilty plea as soon as Friday afternoon, less than a day after Gates fired his […]

Watch Trump At CPAC: Slams “Cowardly” Florida Cop, Unveils “Largest-Ever” Korean Sanctions

During his second appearance at the annual CPAC conference – an event that has been widely credited with launching Trump into politics – President Trump is preparing to announce new sanctions against North Korea during his speech, according to the Washington Examiner. The new sanctions will be targeted at the company’s seafaring vessels – and […]

Turkish Warships Threaten To Sink Italian Drillship In Cypriot Waters

Amid escalating tensions between Cyprus and Turkey in the Mediterranean Sea, the two countries appear headed towards an inevitable resource war. Just two weeks since we first reported on Turkey’s aggression in Cypriot waters, KeepTalkingGreece.com reports that a serious incident took place at 10 a.m. on Friday morning, when five Turkish warships threatened to sink […]

Credit Markets Are Flashing Red

Despite rebounds in US (and less so European) equities and drops in both regions’ ‘VIX’ measures, the last few days have seen an ominous reawakening in credit markets that is far more systemically concerning than a volatility ETN… European credit spreads are back near cycle wides…   And US HY spreads are pushing back towards […]

Florida Shooting Survivor Doubles Down: CNN’s Entire Townhall Was Scripted

The latest embarrassing blow to CNN’s (already tattered) credibility emerged last night when Colton Haab, the student who first exposed CNN for pushing him to ask a scripted question during Wednesday night’s town hall appeared on Tucker Carlson Tonight to offer even more shocking details about CNN’s conduct. Yesterday, we noted that Haab, a Marjory […]