On Wire

Breaking news, updates, and reports on current events.

Biden Official “We are imploring Congress to pass the CHIPS Act. It has to happen by Christmas. This cannot take months,” [CNN]

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https://edition.cnn.com/2021/12/02/business/inflation-chip-shortage-raimondo/index.html the Biden administration is championing the CHIPS for America Act, a $52 billion bill that would encourage domestic semiconductor production and research. “The shortage has exposed vulnerabilities in the semiconductor supply chain and highlighted the need for increased domestic manufacturing capacity.” In recent months, Apple, Ford, General Motors and other companies have been forced … Read more

YouShouldKnow: When you buy digital media online, you don’t own it, you’re just licensed to watch it. that can be taken away.

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by  lost12 Why YSK: just because you “buy” something digitally, doesn’t mean the same when you physically buy something. you are buying ACCESS to the content. don’t be surprised if the company revokes access. A user lost access to his movies in apple’s ecosystem. it was a licensing issue If you look at amazon’s policy for the … Read more

SELLING OF THE US OIL RESERVES: Figures: US Oil Reserves Released by Joe Biden to Go China and India — Will Not Put a Dent in US Gas Prices Here

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Two weeks ago Joe Biden announced he was going to open the US oil reserves. This was after he spent the last year blocking pipelines and production here in the United States. Now we know that the oil reserves are expected to go to India and China. Who could have guessed it? President Biden’s move … Read more

Guess Who’s Getting Taken to the Cleaners This Time Around?

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by The Phoenix The only thing holding the stock market up is blatant manipulation. Financial institutions do NOT attempt to move markets. In fact, the traders charged with executing these institutions’ trades are graded based on their ability to buy and sell large chunks of stocks without moving the tape. Which is why we know that no real investor is responsible … Read more

Evergrande officially declared indebtness on offshore/international bonds! Kaisa struggles for relief from bondholders as default risk looms

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by Scrolling_Scroller Things are actually happening! ​   Link to below official statement: https://www1.hkexnews.hk/listedco/listconews/sehk/2021/1203/2021120302119.pdf China’s Kaisa struggles for relief from bondholders as default risk looms HONG KONG, Dec 2 (Reuters) – Chinese developer Kaisa Group Holdings Ltd (1638.HK) is unlikely to win bondholders’ approval to extend the maturity of a $400 million bond due next … Read more

Berkshire’s Munger Says Now ‘Even Crazier’ Than Dotcom Bust

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https://finance.yahoo.com/news/berkshire-munger-says-now-even-011210126.html So Charlie Munger was speaking at a conference in Australia. Here are some things he said: -markets are wildly overvalued and is “even crazier” than dot com boom. -he wished crypcurrencies didn’t exist and praised China for taking action to ban their use. -likes the idea of rapidly reducing burning of coal and burning … Read more

THIS NUMBER WILL ONLY GO UP: Inflation causing hardship for 45% of U.S. households.

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Lower-income households are most likely to have experienced financial hardship due to price increases. Seventy-one percent of those living in households making less than $40,000 a year say that recent price hikes have caused their family financial hardship. That compares with 47% of those in middle-income households and 29% in upper-income households. Moreover, 28% of … Read more

Democrats obviously still approve of the use of slave labor…

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USEFUL IDIOTS? FELLOW TRAVELERS? ON THE PAYROLL? YOU MAKE THE CALL! Senate Dems Blocking Measure To Prohibit Imports Made With Chinese Slave Labor. Senate Democrats are blocking legislation that would prohibit imports from China made with Uyghur slave labor, in response to pressure from Biden administration officials who fear the bill would torpedo climate negotiations with … Read more

NatSec Source: Russians ARMING KURIL ISLANDS Just North of Japan Has SET-OFF ALL KINDS of Alarms in DC

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Russia has placed its ‘Bastion Anti-Ship Missile’ batteries in the Kuril Islands just north of Japan’s northernmost island Hokkaido. They can effectively control north & east to the Bering Sea, all the way to Dutch Harbor Alaska. It’s being done in solidarity with their economic ally China, who has complained about all the anti-China re-arming … Read more

Corrupt Sexual Harrasser Andrew Cuomo Receiving HUGE REWARD Despite Investigations

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https://www.youtube.com/watch?v=H9RKA_JiZiM John Rigolizzo from The Daily Wire reports, Former New York Democratic Governor Andrew Cuomo is still collecting a paycheck from the State of New York despite resigning in disgrace following scandals related to the pandemic and sexual assault allegations with nearly a dozen women. Read More/Source/Credit/FairUse: https://www.dailywire.com/news/former…

Joe Biden Caught With Something DANGEROUS On His Face

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https://www.youtube.com/watch?v=m8l-Yp7ticg Clayton Kierns from Trending Politics reports, On Monday, raging hypocrite Joe Biden begged Americans to keep wearing their mask indoors, but then he violated his own mask mandate as he walked away from the podium. Read More/Source/Credit/FairUse: https://trendingpolitics.com/watch-bi…

At Least 5 Major Governments Colluded To Manipulate Oil Prices Down A Lot Last 2 Weeks?

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India released 5 million barrels of oil from its strategic petroleum reserves (SPR) in coordination with other countries including the United States, China, Japan and South Korea. The move is part of efforts led by U.S. President Joe Biden’s for a coordinated release of stockpiles from large government SPRs. India to release 5 million barrels … Read more

BREAKING: US only adds 210,000 jobs in November.

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via hotair: “Economists expected a job-creation boost of 573,000. The BLS reported that the US economy added well below half of that. Only 210,000 jobs got created in November, another in a series of disappointing results in an economy where millions of jobs have yet to be recreated more than a year after most of the … Read more

Florida School Boards Association Ditches NSBA After ‘Domestic Terrorism’ Letter

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Looks like the commie Marxist NSBA has lost again “The Florida School Boards Association announced on Tuesday it would leave the National School Boards Association (NSBA) effective Wednesday, in a continuation of the backlash from state board associations against the NSBA for colluding with Attorney General Marrick Garland to target parents under domestic terrorism laws. … Read more

Austria’s new chancellor chosen

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Karl Nehammer, Austria’s minister of the interior, has been unanimously supported by the ruling conservative party to become the country’s next chancellor. The unanimous vote was confirmed to Austria’s public service broadcaster, the ORF, by a top official in the People’s Party on Friday. Apart from being Austria’s chancellor, Nehammer will also double as the … Read more

Ukrainian Citizens Prepping for Russian Invasion

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Update: Ukraine: Reports that some civilians in the larger Ukrainian cities are forming territorial defense battalions in case of a Russian invasion. — EndGameWW3 🇺🇸 (@EndGameWW3) December 3, 2021 Russia has massed more than 94,000 troops near Ukraine's borders and may be gearing up for a large-scale military offensive at the end of January — … Read more