On Wire

Breaking news, updates, and reports on current events.

State Department Hacked

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It is unclear when the breach was discovered, but it is believed to have happened a couple weeks ago. A source familiar tells Fox the State Department’s ongoing mission to evacuate Americans and allied refugees in Afghanistan “have not been affected”. — Jacqui Heinrich (@JacquiHeinrich) August 21, 2021 The extent of the breach, investigation into … Read more

Central Banks Spending $834M per Hour for 18 Months buying bonds

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Central Banks Spending $834M per Hour for 18 Months buying bonds Wow 🤔 https://t.co/jUEB7LACrT — Reminiscences of an American Capitalist (@4Awesometweet) August 21, 2021 Bond Bubble keeps inflating. Value of global bonds has hit fresh ATH at $69tn despite rising #inflation. pic.twitter.com/uj0sAbEfcA — Holger Zschaepitz (@Schuldensuehner) August 21, 2021 Stocks Can't See Financial Conditions Tightening … Read more

Ultimate insider BlackRock has sold 90% of their $SPY position.

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Wild divergence. Major decline in Asian stocks suggests a systemic selloff in global equities ahead. pic.twitter.com/kN6RDWFzhg — Otavio (Tavi) Costa (@TaviCosta) August 20, 2021 The hindenburg falshed red today pic.twitter.com/CxZD39XkZE — Alessio (@AlessioTMAD) August 20, 2021 Ultimate insider BlackRock has sold 90% of their $SPY position. They also know what's coming… Barclays – 27%Morgan Stanley … Read more

U.S. General Tells British Special Forces — ‘Stop rescuing people in Kabul, you’re making us look bad’…

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https://twitter.com/seanmdav/status/1428844052343107585 The commanding general of the 82nd Airborne Division has told the commander of the British special forces at the Kabul airport to cease operations beyond the airport perimeter.   Maj. Gen. Christopher Donahue has told his British Army counterpart, a high-ranking field-grade officer of the British army’s 22nd Special Air Service Regiment, that British … Read more

Pollinators, the 4 Biggest Threats They Face, and Why You Should Care

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by Jayne Rising Besides drought, disease. and supply chain disruptions, another problem that could cause food shortages is a lack of pollinators. 87% of plants require pollination to reproduce. 1/3 of food crops require pollination. In the US, beekeepers have lost 30-42% of their colonies every year since 2006.  While it’s true that many plants, such as squash, can be … Read more

Fed Talks Tough but Few Listen

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by David Brady via Sprott Money The latest FOMC minutes have come out. Unsurprisingly, the Fed suggested it may taper its $120B per month stimulus. Despite the initial chaos in the markets, once the dust settled, few seemed to believe the Fed can do it. Bonds yields, the dollar index, and Gold were basically unchanged on the day. … Read more

Riot police overpowered by anti-lockdown protesters in Melbourne and Sydney

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Aerial views showed protesters breaking through police lines and being met with pepper spray, as they continued to march through the city streets. Victoria Premier Daniel Andrews on Saturday expanded a lockdown in that city to the entire state as he reported 61 new locally acquired cases. https://www.yahoo.com/news/police-clash-protesters-melbourne-063034927.html h/t DeploraVision

Second-Largest U.S. Mortgage Lender to Accept Bitcoin and Other Cryptos as Payment

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United Wholesale Mortgage announced plans this week to accept cryptocurrency for home loans, in an apparent first for the national mortgage industry. The company hopes to start accepting bitcoin in Q3, and it is currently weighing other digital currencies like ether. Starting later this year, U.S. homebuyers will have the option to pay for their … Read more

Sorry, Joe, more spending means more inflation

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There has not been much good economic news lately for working families. Inflation is soaring, consumer confidence is plunging, and Congress is pushing for even more spending and taxes on the economy. After spending nearly $6 trillion, Congress is now considering a new $3.5 trillion tax and spending plan, in addition to the $1.2 trillion … Read more