One has to wonder how much money it would take for the New York Fed to throw at Wall Street before the New York Times reports to its readers on the biggest Wall Street bailout by the Fed since the financial crisis. Last Thursday, December 12, the New York Fed announced that over the next […]
BIS Drops a Bombshell: Four U.S. Mega Banks Are Core of Repo Loan Crisis…
Yesterday, the Bank for International Settlements (BIS) dropped a bombshell report that torpedoed the Federal Reserve’s official narrative on what has caused the overnight lending market (repo loan market) on Wall Street to seize up since September 17, leading to more than $3 trillion in cumulative loans from the New York Fed as lender of […]
Congress Held a Hearing on the Fed’s Bailout of the Repo Market: Here’s Why You Haven’t Heard About It…
Unemployment 3.5%…Wage Growth +3.1%…Inflation 1.4%…
NEC Director Larry Kudlow: “President Trump Has Restructured the U.S. Economy” — Main Street USA Is Back on Top…
Blowout November Jobs Report Cements Fed’s Wait-and-See Approach…
Bloomberg Spends $34 Million on Campaign Ads in 46 States…
Billionaire Michael Bloomberg, who has officially entered the 2020 Democratic primary field, has spent roughly $34 million across 46 states on advertisements as of Nov. 22, according to data from Advertising Analytics. “This buy is MASSIVE,” Ben Taber, an analyst for the firm, said in an email to Politico. “I think it‘s going to be […]
The Disturbing Advance Men for the Fed’s $3 Trillion (and Counting) Wall Street Bailout…
As you may have noticed by now, Wall Street On Parade is not buying the narrative that the $3 trillion that the New York Fed has pumped out to the trading houses on Wall Street since September 17 is part of routine open market operations that the Fed is legally allowed to do. We are […]
Deceitful Nancy Pelosi Hides Behind Richard Trumka as Excuse for Not Ratifying USMCA….
The U.S. multinationals on Wall Street do not want the USMCA to pass because they don’t want President Trump to have leverage that allows him to continue the fight against China and the EU. It is a simple dynamic, USMCA ratification makes the Wall Street prior investments in China worth less. In all of these […]
The Fed Has Created the Big Lie for Congress on its Repo Loans while the New York Fed Blocks Freedom of Information Requests…
Yesterday Federal Reserve Chairman Jerome Powell testified before the Joint Economic Committee of Congress. Only one Congressman, Kenny Marchant (R-TX), had the courage to ask Powell about the Fed’s intervention in the repo loan market beginning on September 17. Since that time the Fed has been pumping hundreds of billions of dollars each week (that […]
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