On Wire

Breaking news, updates, and reports on current events.

Microsoft Data Scandal & Global Tax Gets Backing

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New details have emerged showing that Microsoft has been disclosing swaths of information to the United States law enforcement agencies in a manner that the firm has dubbed “routine”. RT’s Trinity Chavez and Boom Bust’s Ben Swann dig into the revelations and what rules justify the move. ( 1:03 ) Plus, a new global minimum … Read more

Bitcoin Winter Is Here; Crashing to $10,000 and It Could Linger for Years Warns Former Crypto Bull

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Stansberry Research, Released on 7/1/21 It is highly likely we have entered capitulation and that crypto prices have gone out of bounds; the first stop is Bitcoin at $20,000 and then possibly to $10,000 says Clem Chambers, CEO of ADVFN. “We are heading to BTC $20,000 and Ethereum $1,000. There will be almighty volatility,” he … Read more

A Timeline for Draining Supply Chains

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Goldman Sacs put out a time line when they think supply chains will stabilize and refills, that’s Q2 2022, but its from demand destruction as prices become so expensive consumers stop buying. Freight rates hit $100,000 per day, Argentina halts beef and corn exports and the CME starts nature offset credits, made of air market, … Read more

Citi, BofA, Goldman, other banks accused of credit default swap antitrust scheme and market manipulation. (2008 flashbacks anyone?)

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🚨 BREAKING NEWS 🚨 Citi, BofA, Goldman, other banks accused of credit default swap antitrust scheme and market manipulation. (2008 flashbacks anyone?) — unusual_whales (@unusual_whales) July 1, 2021 New Mexico’s sovereign wealth fund brought a federal antitrust lawsuit claiming Bank of America Corp., Citigroup Inc., Goldman Sachs Group Inc., and other top financial institutions rigged the credit default … Read more

Apparently America’s media outlets are in some kind of competition to see who can compose the most nauseatingly sycophantic paean to China’s communist party?

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I’m going to start compiling these … please send along any tweets I may have missed — Tom Elliott (@tomselliott) July 1, 2021 Google & YouTube are removing videos and channels of Uyghurs & family members of people who have been disappeared in Xinjiang – per Reuters. https://t.co/J4IYV7LH9N pic.twitter.com/QBEGUglj5d — Stephen L. Miller (@redsteeze) July … Read more

Marc Faber: The American tax system is rigged

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Recently, Abigail Disney wrote an article entitled, I Was Taught From a Young Age to Protect My Dynastic Wealth (Miss Disney is the granddaughter of Roy Disney who founded with Walt Disney the successful entertainment company in 1923). According to Miss Disney: “When ProPublica published its report last week on the tax profiles of 25 … Read more

Pinterest goes woke bans ALL lost weight ads.

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Pinterest has announced a complete ban on weight-loss ads, which goes into effect today. The policy builds on previous rules that prohibited ads for weight-loss or appetite-suppressant pills and supplements, liposuction and fat-burning procedures and body shaming. There’s now a blanket ban on ads with any weight-loss language or images, and those that reference Body … Read more

RUSSIA WILL BLOCK KERCH STRAIT

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#Putin approves decree allowing Russian military to block Kerch Strait #Russia https://t.co/YzXSOj8F8I — UAWire (@uawire) July 1, 2021 Russia threatens to BOMB any warship that sails too close to Crimea after Moscow fired warning shots at British destroyer in Black Sea stand-offhttps://t.co/79vhuBT3v6 — Fitzpatrick Informer (@FitzInfo) July 1, 2021 US and Its Allies Turning Black … Read more

Longtime Host on ABC’s The View Is OUT

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The ABC Daytime news and opinion show, “The View,” is now short one member as longtime host, and daughter of the late Sen. John McCain, Meghan McCain has decided to leave. The 36-year-old mother of one made the announcement on Thursday’s show, saying that she has four weeks left. “I’m just going to rip the … Read more

30-year Mortgage Rate Falls To 2.98% (REAL Mortgage Rate Falls To -0.41%) With Rising Inflation

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by confoundedinterest17 According to Freddie Mac, their mortgage survey rate for 30-year fixed-rate mortgages fell to 2.98%. And with rising inflation, the REAL mortgage rate (Freddie Mac 30-year survey rate – Core PCE Prices YoY) has dropped to -0.41%. At Tompall Glaser sang, “Put another log on the fire” as home price growth burns out of control.   … Read more

Microsoft VP: Federal Targeting of Americans’ Texts, Emails, Data ‘Routine’

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“The testimony about clandestine surveillance of Americans comes on the heels of explosive allegations from Tucker Carlson, whose Fox News show broke the record for the highest-rated program in cable news history in July 2020. Carlson recently alleged that the U.S. National Security Agency (NSA) was spying on him without his knowledge, based on a … Read more

650 U.S. BANKS & CREDIT UNIONS to Use BITCOIN!

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“650 U.S. banks will soon be able to offer bitcoin purchases to an estimated 24 million total customers. As part of the deal between enterprise payments giant NCR and digital-asset management firm NYDIG, community banks, including North Carolina-based First Citizens Bank, and credit unions, including Bay Federal Credit Union in California, will be able to … Read more