On Wire

Breaking news, updates, and reports on current events.

Inflation Watch! July PCE Deflator Rises To 4.2% YoY (Home Prices Growing At 16.6% While M2 Money Growing At “Only” 12.1%)

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by confoundedinterest17 Fed’s Favorite Inflation Measure Surges At Fastest Pace In 30 Years As Spending, Incomes Rise! Federal Reserve Chairman Mao Powell will be speaking at 10am EST in his virtual Jackson Hole KC Fed Conference speech. He might actually save his blockbuster comments for the next Fed meeting, instead just hinting at what The Fed might do … Read more

Congressman Madison Cawthorn Formally Requests Cabinet Officials Invoke the Twenty-Fifth Amendment… ‘Joe Biden does not simply have a pattern of poor decision-making, his mental decline is on full display.’

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BREAKING: I just formally requested the U.S. Cabinet invoke the 25th Amendment. Joe Biden does not simply have a pattern of poor decision-making, his mental decline is on full display. We must not allow this mentally unstable individual to direct our country one second longer. — Team Cawthorn (@teamcawthorn) August 27, 2021 Congressman Madison Cawthorn … Read more

Fed Up With The Fed’s Abuse Of Power

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Authored by Charles Hugh Smith via OfTwoMinds blog, One phrase describes the Fed’s pillaging of the nation to benefit the few at the expense of the many: abuse of power. To confess that the fate of the entire global economy now rests on the mumblings of a fossilized Politburo fanatically devoted to making the rich … Read more

This tweet didn’t age well…

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Every single one of them needs to be publicly shamed. https://t.co/GJr1njsGQl — John Cardillo (@johncardillo) August 26, 2021 Yes, it just keeps getting worse…#kabulairport #blackhawk #afghanistan pic.twitter.com/pNd1Ws8BmG — Mrgunsngear (@Mrgunsngear) August 27, 2021 SOURCE

Permanent War Advocates Exploit the Kabul Bombing to Demand More War

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Anyone watching the Kabul attack is going to feel rage, horror, and sadness. But the same people responsible for the last 20 years of fraudulent, endless war — like HR McMaster on CNN — immediately tried to exploit those emotions to extract what they long wanted: never leaving. pic.twitter.com/jerL9XW6GP — Glenn Greenwald (@ggreenwald) August 27, … Read more

EU offers ‘cash bribes’ to nations who resettle Afghan refugees…

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European Commission President Ursula von der Leyen is looking to use cash to convince the EU’s 27 member states to resettle Afghan asylum seekers, promising generous financial incentives to countries that do so. Von der Layen, who is well-known for supporting radical migration policies, made her remarks on Saturday while speaking alongside European Council President … Read more

U.S. Inflation Problem (Caused by the Government) Pushing all Wealth to the already Wealthy: Poor and Middle Class are Getting Shafted

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  https://data.bls.gov/generated_files/graphics/latest_numbers_CUUR0000SA0L1E_2014_2021_all_period_M07_pct_12mths.gif SOURCE: U.S. BUREAU OF LABOR STATISTICS With all of the inflation happening in the US, the poor and the middle class are suffering the most. As the currency continues to inflate, the majority of assets/investments tend to inflate at the same rate. Since the wealthy have more capital to invest into assets, and in … Read more

Department of Energy will buy an Nvidia-AMD powered supercomputer because Intel is months late on delivery

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Source: The U.S. Department of Energy is nearing a deal to purchase a supercomputer made with chips from Nvidia Corp and Advanced Micro Devices Inc as a key lab waits for a larger supercomputer from Intel Corp that has been delayed for months, two people familiar with the matter told Reuters. The Nvidia and AMD … Read more

Developed economies. Economic surprise turns negative for the first time since June 2020. Suggests the peak of the recovery is behind us.

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Developed economies. Economic surprise turns negative for the first time since June 2020. Suggests the peak of the recovery is behind us. pic.twitter.com/1kUzgecEgi — Daniel Lacalle Official Account (@dlacalle_IA) August 27, 2021 see the pattern here? in 2018 as Fed was hiking rates into "strong economy" the cyclical parts of market were singing to different … Read more

Oh look. More awesome Israeli data…

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Oh look. More awesome Israeli data. Natural Covid infection is 7x to 13x *more protective* from subsequent infection than the Pfizer vaccine. Also significantly (p<0.001) more protective from symptomatic disease as well. (link in comment below). pic.twitter.com/BOgvwk8bxO — Chris Martenson (@chrismartenson) August 26, 2021 And here's the PDF:https://t.co/f0DTdIAwtL — Chris Martenson (@chrismartenson) August 26, 2021