On Wire

Breaking news, updates, and reports on current events.

Hedge funds and other financial firms now own nearly 1/3 of the daily newspapers in America.

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60 Minutes episode tonight was about the decline of local newspapers (gazettes, tribunes and journals) due in part to ruthless hedge funds buying them up. Hedge fund, Alden Global Capital, has been called a “vulture,” bleeding newspapers dry. This secretive hedge fund — their website shows a single photo — started building its print empire … Read more

Tulsi Gabbard wants to protect whistleblowers. This is the only sane Democrat that I know off currently in the Democrat party.

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Tulsi introduces three new Bills to protect people who release classified information in the publics best interest. https://finflam.com/archives/13609 Everyone knows theres a good reason they casted her aside. Tulsi is the only Democrat Representative that currently represents all those Democrats who are currently walking away from the Neo-Democratic party today. Its bitter sweet to have … Read more

Credit Suisse revelations: The rot of global financial oligarchy and its banking system

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The leak of 30,000 bank accounts belonging to Credit Suisse has revealed the enormous wealth of dictators, criminals, officials and business tycoons involved in torture, drug trafficking, money laundering, corruption and other serious crimes. It confirms the financial parasitism, fraud and illegality that permeates the ruling elite in every capitalist country. The revelations cover only … Read more

Cold War coming off ice

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by squidsqwab In this article by WSJ. Germany are stepping up their military spending by 100 billion USD. More than 2% of their GDP, an historic shift in stance. They plan to “finance the building of two liquefied natural gas import terminals on the country’s northern coast.” – halting reliance on Russian supply. “Mr. Scholz also announced … Read more

Norwegian state pension fund will liquidate all their investments (totalling $3 billion USD) from Russian stock market

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Just announced on a press conference by the Norwegian government. Sources: https://www.vgtv.no/video/233573/direkte-siste-fra-krigen-i-ukraina https://borsen.dagbladet.no/studio/borsenstudio/608?post=86622 Edit (28.02.22 00:26 GMT+1): Russian central bank has ordered block on foreign clients’ bids to sell Russian securities. Source: https://www.reuters.com/business/russian-cbank-orders-block-foreign-clients-bids-sell-russian-securities-document-2022-02-27/     h/t  andrerav

All of the crypto platforms that everyone uses, goes against everything that they supposedly stand for. But they’ll still use them. Trust, don’t verify.

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Huh, that’s funny. All of the crypto platforms that everyone uses, goes against everything that they supposedly stand for. But they’ll still use them. Trust, don’t verify. pic.twitter.com/MXztu0eiBH — Bitfinex'ed 🔥🐧 Κασσάνδρα 🏺 (@Bitfinexed) February 27, 2022

With the level of global disorder at extremes, some world leader is going to make a mistake & initiate the next bloody chapter of this Crisis….

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https://twitter.com/burningplat/status/1498284767703404545 RUSSIAN CENBANK: SAYS FOREIGN COUNTERPARTS CAN ALSO CONNECT TO RUSSIAN ALTERNATIVE TO SWIFT https://t.co/53brrbPefq — First Squawk (@FirstSquawk) February 28, 2022 Payments: Russian banks may boost renminbi’s status via China’s ‘Swift’ https://t.co/9xydSeK4kP | opinion — Financial Times (@FT) February 28, 2022 US steps up sanctions in effort to cripple Russia’s financial system https://t.co/jH5V19Mn7x pic.twitter.com/5fYpdKQVDU … Read more

Why So Few See the Last Chance to Exit

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by Charles Hugh-Smith When the crash can no longer be denied, the drop is widely recognized as having been obvious and inevitable.. The last chance to exit is well-known in stock trading circles, but the concept can be applied much more broadly. The basic dynamic at work is a mismatch between the fundamentals (i.e. the real world) … Read more

Anti-War Protests in Russia

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by Chris Black There are no good guys in this war, remember that folks. Some gimps have been trying to say the anti-war protests in Russia are “small”. Don’t look small to me. And remember many Russians fear showing up at these protests because they’re immediately arrested. Huge anti-war protest happening in Moscow, the capital … Read more

Google, Twitter and Facebook are the US “Russia Today” in Terms of Propaganda/Information Control

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by Chris Black Many people in the West are buying into the fantasy that Ukrainians are putting up a serious fight even as they arm civilians, lock men trying to flee conscription into the cities, and desperately sue for peace on Russia’s terms. The US oligarchy and its client states in Europe have total control … Read more

Freedom Fries Moment

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by Chris Black Will be interesting to see how this plays out. In 2003, the pro-war faction was rural, middle aged and Evangelical. In 2022, the people screeching for Russian blood are college educated, urban-cosmopolitan and homosexual. Russian vodka pulled from shelves in US, Canada bars, liquor stores: 'Every small thing makes a difference' https://t.co/coWWBCQFAj … Read more