On Wire

Breaking news, updates, and reports on current events.

Beginning of Tyrannical New York

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by Specialist-Gap6929 This is in the new bill that’s gonna be voted on January 5th, 2022: section 2120-a to read as follows: § 2120-A. REMOVAL AND DETENTION OF CASES, CONTACTS AND CARRIERS WHOARE OR MAY BE A DANGER TO PUBLIC HEALTH; OTHER ORDERS. THE PROVISIONS OF THIS SECTION SHALL BE UTILIZED IN THE EVENT THAT … Read more

US Existing Home Sales Rise In November While Median Price Rises 13.9% YoY Amidst Declining Inventory

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by confoundedinterest17 While the Bureau of Labor Statistics uses a lame measure of house price inflation, US existing home sales MEDIAN PRICE YoY is growing at 13.9%. US existing home sales rose by 6.46 million units SAAR, less than the expected 6.53 million units SAAR. Where is the inventory increases that various talking heads were predicting … Read more

Stimulypto! US Q3 Price Index Grows 3X Personal Consumption (Real GDP +2.3% QoQ)

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by confoundedinterest17 The good news is that US Real GDP grew at 2.3% QoQ in Q3 thanks to massive Federal government and Federal Reserve stimulus. The bad news? Prices are growing at rate of 6% QoQ, three times higher than the growth of real personal consumption. Runaway inflation, cooling personal consumption. This is the definition … Read more

Build Back Better is so popular that Democrats can’t even get it through their own Senate caucus.

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ED MORRISSEY: Dems about to play hardball with Manchin … and vice versa? Excuse me? “Absolutely no pressure”? Not only has Manchin been under constant pressure from progressives in both the House and Senate, he’s been the target of so much abuse from them and their allies that at one point they finally realized it wasn’t … Read more

CCP OWNS Amazon

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As part of a larger effort to win favor with China’s communist government and expand its business, Amazon complied with the Communist Party’s requests to delete negative comments and reviews of dictator Xi Jinping’s book. A report by Reuters detailed for the first time how ratings, comments, and reviews were removed from the listing of … Read more

Hospitals Pushed to Financial Ruin as Nurses Quit En Masse…

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Across the country, hospitals are buckling under the strain of nursing shortfalls and the spiraling cost of hiring replacements. For Watsonville Community Hospital on California’s Central Coast, those costs became too much to bear, and contributed to the facility’s bankruptcy this month, according to a person familiar with the situation. The shortages are most acute … Read more

Most Americans can save $2,000 a year from little-known tax break

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Americans looking to tuck away some extra cash next year can take advantage of an oft-overlooked tax break recently updated by the Internal Revenue Service to reduce their liability next year. The retirement savings contribution credit – frequently shortened to the saver’s credit – provides up to $1,000 in credit to low- and middle-income Americans … Read more

Inflation Peaking? Watch These 3 Charts!

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by Kimble Charting Over the past 18 months, I’ve penned several articles about traceable commodity breakouts and rising commodities prices… and inflation risks. With each breakout came more inflation pressures. And today, we continue to battle high energy, food, and housing prices. But what if I told you there was a chance that inflation is … Read more

The Great Supply Chain Collapse – Jim Rickards

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Global supply chains are facing a very chaotic crisis that only seems to get worse. While some bottlenecks ease others are just starting. With each passing day, new shortages emerge around the world due to delivery delays, shipping disruptions, and a record congestion of cargo ships at ports. The network of world trade is also … Read more