On Wire

Breaking news, updates, and reports on current events.

THIS IS CNN: The CNN Sex Party Comes To An End.

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Under Jeff Zucker, it was pretty clear the fraternization rules were viewed more as suggestions. Quite a few CNN employees sleeping together (see: Dana Bash and John King) or pleasuring themselves on video chats with no consequences (see, actually don’t see, Jeffery Toobin). With 2 former producers being linked to pedophilia and one current anchor … Read more

MAKE THEM PAY: Why Colleges Don’t Care About Free Speech: It’s incentives more than ideology, and there’s a simple fix.

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Regardless of Mr. Treanor’s political views, he has every reason to do this. University administrators get no reward for upholding abstract principles. Their incentive is to quell on-campus outrage and bad press as quickly as possible. Success is widely praised, but there is no punishment for failing to uphold the university’s commitment to free speech. … Read more

Biden’s “Historic Growth” Is No Such Thing

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by Daniel Lacalle via Mises I was surprised to see a tweet from President Joe Biden showing the gross domestic product (GDP) of the United States for 2021 compared to the average GDP growth under other presidents. The tweet stated, “This didn’t happen by accident. Because of the actions we took, last year we achieved the fastest economic growth in … Read more

‘Astonishing bit of fake news’ exposed in Canada

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Sky News host Andrew Bolt says an astonishing bit of fake news has emerged in Canada – which “woke flake” Justin Trudeau didn’t question. “Last year the ABC reported shocking claims the remains of 215 children had been found at the Kamloops Indian Residential School in Canada,” Mr Bolt said. “Not a single one of … Read more

AOC should move to North Korea or Cuba. The only people that are for communism are those that never lived under it.

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‘Capitalism is not a redeemable system for us’: AOC says capitalism does not benefit the vast majority of Americans and is a system run by a wealthy minority U.S. Rep. Alexandria Ocasio-Cortez said capitalism does not benefit most Americans and is ‘not a redeemable system’  The New York democratic socialist said the economy only benefits … Read more

US Congress FINALLY acts on shipping containers to prevent shipping firms from price-gouging, and locking out American exports!

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The Ocean Shipping Reform Act of 2022, a bill proposed in Washington by S.D. Sen. John Thune and Minnesota Sen. Amy Klobuchar, would make turning away products ready to go abroad more difficult for carriers. https://t.co/JDIuiy0x1r pic.twitter.com/ZxWkWwoGT6 — KELOLAND News (@keloland) February 5, 2022 Bravo! It’s about time! this is the main reason for the … Read more

30y mortgage rates in the US just hit 3.85%

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View post on imgur.com https://www.mortgagenewsdaily.com/mortgage-rates 30y mortgage rates in the US just hit 3.85%: that’s 1pp higher vs Feb 2021. The new marginal buyer’s real salary has shrunk, but let’s say he wants to pay the same $2k/month. He can now afford a $350k house versus $400k 1y ago. >10% less.   h/t Patriot_King

Almost a year later, entire City of Austin without drinking water again

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Sounds like somebody stirred up the shit. “A release from Austin Water says Austin Water’s Ullrich Water Treatment Plant is out of service due to an “internal treatment process issue that resulted in high turbidity within the plant.” https://www.kxan.com/news/local/austin/boil-water-notice-issued-for-austin-water-users/ “It appears this will be over in a couple of days,” Austin Mayor Steve Adler said … Read more