Note: I will be taking Friday off to be with family, so there won’t be any Friday Scouting Report. However, Paul Kiker and I will discuss markets on Wednesday, and that will go out on Thursday as it typically does.
Operation Massive Fraud
I find it harder and harder to continue paying taxes. It seems like there’s no representation, and everything is a massive fraud.
Democrats laundered $93 billion during the 76 days between when Donald Trump was elected and Joe Biden was leavingUpdate: As of today only $24.16 billion from the $93 billion in rushed Biden-era loan and grant commitments have been recovered$69 billion remains unrecoverable… pic.twitter.com/NrRO4wxCxh
— Wall Street Apes (@WallStreetApes) November 23, 2025

And it seems to be both parties. Perhaps it was a bipartisan operation to get Trump to dump Elon before DOGE could move more deeply into the heart of darkness we call DC? I’ll bet it was.
On that note – surprise! – DOGE is no more:
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Rep Tim Burchett says “the money flows straight to the NGO’s and then right back to Washington.”
Elon Musk’s DOGE team was quietly dissolved even though it still had eight months left on its mandate to cut excessive regulations and federal spending.Rep. Tim Burchett says Musk was pushed out of Washington because he was getting too close to exposing corrupt officials… pic.twitter.com/XDMn0U2zQs
— Shadow of Ezra (@ShadowofEzra) November 23, 2025
Oh, now it all makes sense:
— M. Todd Trebony, MD FAAC (@TheSingingDoc) November 24, 2025
““Markets””
The “”Markets”” were thrown into ‘repair mode’ on Friday. After Thursday’s sell-off, the Fed, ever afraid of even a 5% drawdown for some reason, trotted out Fed official Williams to dangle the lure of a rate cut in December.
FED'S WILLIAMS: FED CAN STILL CUT RATES IN THE NEAR TERM GIVEN CURRENT POLICY IS MODESTLY RESTRICTIVE. pic.twitter.com/8PJbNP1lH0
— MRKT (@MRKT_AI) November 21, 2025
That was all it took for stocks to trot smartly back to the upside. One wonders how many insiders were given this information before Williams made his remarks?
Here’s another example. On Sunday night (last night), all of the ‘proper’ futures went the ‘right’ directions. Gold and silver down, oil down, bonds firm and, of course, stock futures immediately vaulted higher.
Yahoo “news” was there!

Here’s the