On Wire

Breaking news, updates, and reports on current events.

Biden Calls For Raising Taxes On Oil Drillers Amid Energy Crisis

by

President Joe Biden’s budget proposes to scrap more than $45 billion in fossil fuel subsidies, his administration’s latest attack on the beleaguered industry. The White House budget will remove more than a dozen fossil fuel industry tax credits, increasing the federal government’s revenue by an estimated $45.2 billion between 2023-2032, according to the proposal published … Read more

Credit. A mishap the Fed can’t address or won’t because of inflation

by

Credit. A mishap the Fed can’t address or won’t because of inflation https://t.co/XSusjAlKtU — Danielle DiMartino Booth (@DiMartinoBooth) March 29, 2022 It better be transitory 👇 (Morgan Stanley) pic.twitter.com/akSOjB1rGx — Michael A. Arouet (@MichaelAArouet) March 29, 2022 Conference Board consumer confidence indicator ticked slightly higher in March, completely different picture than that painted by the … Read more

The Biden Presidency Disaster Continues

by

by Chris Black My  recent point regarding how the sane adults no longer have any power whatsoever in the federal government can be no better exemplified than by the president threatening regime change on the third most powerful country on earth after failing to regime change Belarus and Kazakhstan, largely thanks to Russian involvement on … Read more

Trannies Starting to Get Rekt

by

by Chris Black “Controversial measure” proclaims CNN when it comes to banning men from women’s sports. Nonetheless, a rare culture war victory from Republicans. Let’s see how long it lasts before some shitlib judge overturns it and the GOP back pedals in response. Young transgender athletes in Utah have been banned from competing on women's … Read more

Latest FBI Crime Stats for 2022 Are Abysmal

by

by Chris Black Make no mistake, the FBI will not be releasing complete crime statistics for 2021 because it doesn’t want the public to know just how bad the problem is even compared to 2020. If tracking violent crime was important to them they would have achieved 100% compliance with their new system by now. … Read more

Gold Miners Sweet Spot For Upside Potential As Entire Gold Stock Sector Set-Up For Greater Gain

by

by Adam Hamilton of Zeal LLC The mid-tier and junior gold miners in their sector’s sweet spot for upside potential have powered higher in recent months.  Amplifying gold’s young upleg, they have already surged to major breakouts.  And the smaller gold miners’ gains are likely to grow much larger.  Their recently-reported Q4’21 earnings season revealed ongoing strong fundamentals.  … Read more

He feels your pain …

by

https://twitter.com/WallStreetSilv/status/1508866415117291523 https://twitter.com/WallStreetSilv/status/1508863893279412224 #recession … #GFC2 #Food #inflation edition Holy Guacamole! "Green Gold" is doing better than actual Gold… 👇 https://t.co/I3F8VUUfI3 — Invariant Perspective (@InvariantPersp1) March 29, 2022

Massive SLAP in the Face to New Yorkers: Almost 1 BILLION Dollars from Public Diverted to New Buffalo Bills Stadium, Child Services Cut by $800M

by

New York State officials have reached a deal to use $850 million in public funds to help the Buffalo Bills build a new $1.4 billion stadium adjacent to its current home. It would be largest taxpayer contribution ever for a pro football facility. https://t.co/9lgbrzKqod — The New York Times (@nytimes) March 28, 2022 View post … Read more

Pelosi Unilaterally Extends Unconstitutional Proxy Voting Scheme Through May 14

by

Proxy voting extended till may 14. pic.twitter.com/BIdAZDe2iy — Jake Sherman (@JakeSherman) March 28, 2022 Although the Constitution allows Congress to write its own rules, those rules cannot violate the Constitution itself, including the requirement to actually assemble in person. Since its adoption 14 months ago, proxy voting has shattered 231 years of legislative precedent and … Read more

The 2 and 10 year yield may invert tomorrow.

by

https://twitter.com/FinanceLancelot/status/1508881413042540545 The U.S. 2-year yield has exceeded the 10-year yield for the first time since 2019 An indicator of #recession Remember in 2020 we did get a recession from #covid https://t.co/M7vW3bTV3k — Susan Li (@SusanLiTV) March 29, 2022 When long-term #bonds #Yield get lower than short-term #debt instrument, there are #recession probabilities. If the percentage … Read more

Report: Former Google CEO Indirectly Paid Salaries In White House Office — Played “Extraordinary” Role

by

Other ethical fights broke out last fall because Tom Kalil, an OSTP alum, was serving as an unpaid consultant at the science office while still working as chief innovation officer at Schmidt Futures — Alex Thompson (@AlexThomp) March 28, 2022 Former Google CEO Eric Schmidt’s charity foundation indirectly paid the salaries of two White House … Read more