On Wire

Breaking news, updates, and reports on current events.

This looks transitory?

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This looks transitory? pic.twitter.com/56eX1mYodz — Win Smart, CFA (@WinfieldSmart) May 20, 2021 Ultra easy Fed monetary policy amid massive stimulus potentially sets the stage for a “vicious cycle” on the inflation front, Lawrence Summers says https://t.co/mD1Dvt3fhF — Real Time Economics (@WSJecon) May 20, 2021 That semi shortage is going to be with us for a … Read more

Housing Is So Hot That U.S. Builders Have to Stop Taking Orders (Fed Stimulus Having Ill Effects!)

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by confoundedinterest17 The US housing market is hot, hot, hot! (Bloomberg – Prashant Gopal) Across the U.S., house prices are skyrocketing, bidding wars are the norm and supply is scarcer than ever. Now the market is too hot even for homebuilders. Demand is so fevered — and construction costs are climbing so quickly — that overwhelmed … Read more

Slowdown! Fed’s Kaplan Calls For Fed To Slow Down Asset Purchases As Atl Fed GDPNow Q2 Forecast At 10.132%

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by confoundedinterest17 Federal Reserve Bank of Dallas President Robert Kaplan repeated his call for policy makers to begin a discussion of slowing their asset purchases, a day after minutes of the Fed’s April meeting showed an increased interest in talking about tapering. “Maybe taking the foot gently off the accelerator would be a wise thing to … Read more

Joe Biden Loses It At Podium, Goes Into Full Tyrant Meltdown

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Ahead of signing the Anti-Asian Covid-19 hate crimes bill, President Biden says, "Every time we're silent, every time we let hate flourish, we make a lie of who we are as a nation." https://t.co/BDD0nmpNC4 pic.twitter.com/JM2CgPNmzs — CNN Politics (@CNNPolitics) May 20, 2021 https://www.thegatewaypundit.com/2021/05/joe-biden-slams-hand-podium-randomly-starts-shouting-middle-remarks-like-tyrant-video/

House Passes Bill To Fund $1.9 Billion For ‘Additional Security’ At U.S. Capitol

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The House passed a bill 213 – 212 that will provide $1.9 billion for “additional security measures” at the U.S. Capitol. Texas Republican Rep. Lance Gooden argued that Democrats would rather spend money on a wall ”around this building in D.C.” than they would on finishing a border wall advocated by Trump. The bill includes … Read more

Brace For Dangerous Prices: Global Supply Chains Are Shrinking And Causing Starvation On The Planet

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https://www.youtube.com/watch?v=CeKtb9VvtZM Every day it goes by we are learning that things are getting even worse than we originally thought. Global supply chains are in utter chaos and the situation is being aggravated by a number of different factors, so it doesn’t seem this crisis will be reversed any time soon. Now, widespread crop failures are … Read more

LOST IN A GALLUP: Survey experts have yet to figure out what caused the most significant polling error in 40 years in Trump-Biden race.

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More than six months after the astonishing polling embarrassment in the 2020 U.S. elections, survey experts examining what went wrong are uncertain about what led to the sharpest discrepancy between the polls and popular vote outcome since Ronald Reagan defeated Jimmy Carter in a near-landslide in 1980. Lingering questions about the misfire in 2020, in … Read more

AND JUST LIKE THAT, RUSSIANS AREN’T THE BAD GUYS ANYMORE…

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Can’t make this up: Sec. of State Blinken “calls for cooperation with Russia to make world ‘safer.’” #BREAKING Blinken calls for cooperation with Russia to make world 'safer' pic.twitter.com/N8dJ6cGY3G — AFP News Agency (@AFP) May 19, 2021 What's old is new again. https://t.co/MZs8OtEcux https://t.co/EfytwVGxqc pic.twitter.com/avG6kR6hI6 — Robert M. Cutler (@RobertMCutler) May 19, 2021 Similarly, Ted … Read more

Five Oregon Counties Vote to Secede and Join Idaho

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https://www.breitbart.com/politics/2021/…oin-idaho/ Five rural Oregon counties voted on Tuesday to secede from the state of Oregon and join the state of Idaho. Thousands of people in eastern Oregon voted Tuesday for their elected officials to consider ditching their state and becoming part of Idaho. Voters in Sherman, Lake, Grant, Baker and Malheur counties all voted for … Read more

Kamala Harris Could Soon Be Cut Off…

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Pressure is still mounting on Kamala Harris to visit the southern border in her capacity addressing the migration crisis as a Republican representative introduces a bill Thursday that will restrict the vice president’s travel until she goes to the U.S.-Mexico border. Representative Ashley Hinson of Iowa is putting forward the ‘See the Crisis’ Act on … Read more

Canadian Gov publishes report recommending Social Credit Scores

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Social Credit may become a more powerful determinant of socio-economic inclusion: Rating a user’s credibility/trust (social credit), as is currently done by Uber, eBay and many others, is becoming more common. At the same time, new technologies such as blockchain bring new ways of capturing and assessing more information. Together, these developments could lead to … Read more

Fed Reserve Chair Powell: Cryptocurrencies Not Convenient for Payment Due to Swings in Value, Central Bank CryptoCurrency May Be Coming

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https://twitter.com/disclosetv/status/1395441828430745602 The Fed this summer will take another step ahead in developing a digital currency The Federal Reserve will release a research paper this summer that explores a move to a central bank digital currency. The moves of multiple countries, most prominently China, in the central bank digital currency space has intensified talk about how … Read more

Gretchen Whitmer Gets BAD NEWS after More Details about Her Trip to FL Arise

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https://www.youtube.com/watch?v=UaO6z_Dvh40 Cristina Laila from The Gateway Pundit reports, The Federal Aviation Administration launched an investigation after determining the company used to fly Democrat Governor Gretchen Whitmer from Michigan to Florida during spring break was not authorized to operate charter flights. Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2021/05/faa-launches-investigation-determining-company-used-fly-gov-whitmer-florida-not-authorized-operate-charter-flights/