On Wire

Breaking news, updates, and reports on current events.

As inflation hits 30-year high, White House and Federal Reserve change their tune — economists warn ‘stagflation’ has arrived

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The costs of goods and services rose sharply again in August, leaving the U.S. inflation rate at a 30-year high, the Department of Commerce reported, causing the Federal Reserve chairman and at least one White House economic adviser to change their tune on just how temporary the Biden administration’s inflation increase may be. What are … Read more

Andrew Yang says he officially left the Democratic Party to become an Independent

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Andrew Yang announced on Monday that he changed his voter registration from “Democrat” to “Independent,” calling the move a “strangely emotional experience.” What he’s saying: While Yang said he has identified as a Democrat for years and has “dozens of friends and confidantes who are entrenched in the Democratic Party,” he is “confident that no … Read more

Spain To Ban Sale Of Fruit And Vegetables In Plastic Wrapping From 2023

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The sale of fruit and vegetables in plastic wrapping will be prohibited in Spain’s supermarkets and grocery stores starting in 2023. This is one of the measures in a decree being drafted by the Ministry for Ecological Transition, according to sources familiar with the initiative.The new regulation also contains measures to encourage the purchase of … Read more

Ron DeSantis wife has been diagnosed with Cancer

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TALLAHASSEE, Fla. — Florida’s first lady has been diagnosed with breast cancer, according to a Monday morning statement from the governor’s office. Casey DeSantis and Gov. Ron DeSantis have been married since September 2010. The governor called his wife’s diagnosis “the most difficult test of her life,” but said she would have his and their … Read more

The Debt Ceiling Drop-Dead Date Means Just That…

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From Birch Gold Group The “drop-dead date” for raising the debt ceiling is quickly approaching… That’s a quote from a recent article: The Treasury now estimates that the “drop dead date”, i.e. the date at which the Treasury will exhaust all of its extraordinary measures if Congress has not acted to raise or suspend the debt limit, … Read more

ROGER KIMBALL: The January 6 Insurrection Hoax.

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Notwithstanding all the hysterical rhetoric surrounding the events of January 6, 2021, two critical things stand out. The first is that what happened was much more hoax than insurrection. In fact, in my judgment, it wasn’t an insurrection at all. An “insurrection,” as the dictionary will tell you, is a violent uprising against a government … Read more

Deficits + Debasement + Decadence = Death of Dollar & Rising Gold

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By Egon von Greyerz In this compelling interview with Patrick Vierra of Silver Bullion TV, Matterhorn founder, Egon von Greyerz, bluntly addresses the blunt forces of policy absurdity and the cyclical adversity now facing debt-wild global markets and financial regimes, against which precious metals offer a timeless protection. Egon opens by addressing the embarrassing and clear mismanagement of pandemic … Read more

FORMER SEC BRANCH CHIEF LISA BRAGANCA “Ken Griffin was not wholly truthful with congress. Not to use legal jargon, but that is a no-no.”

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SOURCE: https://twitter.com/LisaBraganca/status/1444296075020472324 Lisa Bragança worked as a SEC Enforcement Branch Chief, where she led investigations into securities fraud, insider trading, market manipulation, and other trading practices. Interview: https://twitter.com/LisaBraganca/status/1444292731740868615   h/t ringingbells

Record 52 Chinese aircrafts including bombers entered Taiwan’s defense zone

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TAIWAN DEFENCE MINISTRY SAYS 52 CHINESE AIR FORCE AIRCRAFT ENTERED TAIWAN'S DEFENCE ZONE ON MONDAY No invasion coming up here at all — zerohedge (@zerohedge) October 4, 2021 #breaking Another record-breaking day: Taiwan's defense ministry says 52 Chinese warplanes entered its Air Defense Identification Zone so far Monday. And it’s only 8pm here. The PLA … Read more