On Wire

Breaking news, updates, and reports on current events.

A Drop in the Money Supply Was Not the Cause of the Great Depression

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by Frank Shostak via Mises In his writings, Milton Friedman blamed central bank policies for causing the Great Depression. According to Friedman, the Federal Reserve failed to pump enough reserves into the banking system to prevent a collapse in the money stock.1 The adjusted money supply (AMS), which stood at $26.6 billion in March 1930, had fallen to $20.5 billion by … Read more

Proposed Biden Gun Tax Could Top $34 Billion

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Report: 20 million ARs, 150 million ammunition magazines would be taxed under Biden proposal American gun owners could face tens of billions of dollars in new taxes to keep the guns they already own under Democrat Joe Biden’s gun ban and tax plan. At least 20 million rifles and 150 million ammunition magazines would be … Read more

Housing Authority Installs “Eye of Sauron” Surveillance Cameras In Low-Income Housing

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by mapi It is hard to get past the grade-school mentality of this video title which attempts to justify installing surveillance cameras everywhere. Pro-Vigil’s “Crime is Bad. We Stop Crime. Pro-Vigil Is Good” video is probably one of the most ironic videos I have ever seen about mass surveillance. Five seconds into the video they boast … Read more

San Francisco Going Just Insane

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by Martin Armstrong First, San Francisco just banned Natural Gas in any new buildings, requiring them to rely on the electric grid instead. The city’s board of supervisors unanimously approved the ordinance which will apply to more than 54,000 homes and 32 million square feet of business space that was approved for construction. They do … Read more

Scotland Total Lockdown

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by Martin Armstrong The first round of lockdowns was supposed to stop the virus. It did not. They no longer even pretend these lockdowns are backed by science. They are simply tru=ying to crush the world economy into submission. Until the people rise up, this sort of tyranny is following the World Economic Forum goose-stepping … Read more

Linda Kerns, a Trump campaign lawyer in PA, has been placed under Federal protection after threats by Joe Biden supporters (NYPOST)

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One of President Trump’s campaign lawyers in Pennsylvania was placed under official protection following threats against her, according to court papers filed Wednesday evening. Philadelphia lawyer Linda Kerns “has been the subject of threats of harm, to the point at which the involvement of police and US Marshals has been necessary to provide for her … Read more

BigTech Replacing Banks

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by Martin Armstrong COMMENT: Marty; I am amazed. Your information is light-years ahead of the curve as well as Socrates. You said BigTech was censoring us because, under the Great Reset, banks would become obsolete. Alphabet is moving to expand Google Pay into a checking account that can also grant users all credit cards and discounts. … Read more

Apple Agrees To Pay $113 Million To Settle ‘Batterygate’ Case Over iPhone Slowdowns

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Apple Agrees To Pay $113 Million To Settle ‘Batterygate’ Case Over iPhone Slowdowns https://www.npr.org/2020/11/18/936268845/apple-agrees-to-pay-113-million-to-settle-batterygate-case-over-iphone-slowdowns In March, Apple agreed to pay up to $500 million to settle claims of intentionally slowing down older phones. That settlement called for Apple to pay consumers at least $25 per iPhone, though some consumers who had already spent hundreds on … Read more

The ageing process has been biologically reversed for the first time by giving humans oxygen therapy in a pressurised chamber.

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Scientists in Israel showed they could turn back the clock in two key areas of the body believed to be responsible for the frailty and ill-health that comes with growing older. As people age, the protective caps at the ends of chromosomes – called telomeres – shorten, causing DNA to become damaged and cells to … Read more

General Flynn: “The question is not whether you support President Trump or Joe Biden. The question is whether you support freedom or tyranny….

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“The question is not whether you support President Trump or Joe Biden. The question is whether you support freedom or tyranny…Make your choice. Then pray & prepare. God bless America.” @LLinWood @RudyGiuliani @SidneyPowell1 @VicToensing @marklevinshow @BoSnerdley https://t.co/QMFrh5WroA — General Mike Flynn (@GenFlynn) November 19, 2020  

BREAKING: Trump: Important News Conference today by lawyers on a very clear and viable path to victory. Pieces are very nicely falling into place

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Donald J. Trump @realDonaldTrump Important News Conference today by lawyers on a very clear and viable path to victory. Pieces are very nicely falling into place. RNC at 12:00 P.M. Important News Conference today by lawyers on a very clear and viable path to victory. Pieces are very nicely falling into place. RNC at 12:00 … Read more

Google will let users open bank accounts, pay friends and manage budgets through a new version of its app rolling out

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CNBC Google will let users open a bank account through its Google Pay app, in a partnership with Citi and Stanford Federal Credit Union beginning next year. The tech giant is relaunching the payments app to allow people to pay friends, similar to PayPal’s popular Venmo and Square’s Cash App. “It’s going to have a … Read more

Fed now holds more Treasury securities than all other foreign central banks…combined… Gold is a hedge against bad government decisions

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Fed now holds more Treasury securities than all other foreign central banks…combined @federalreserve @biancoresearch @USTreasury pic.twitter.com/3FPC3NQkWv — Liz Ann Sonders (@LizAnnSonders) November 19, 2020 Marginal utility of an additional dollar of debt continues to collapse. The MMT people never bring any of this up as a constraint on gov't spending or even a problem to … Read more