On Wire

Breaking news, updates, and reports on current events.

Is this real? If you now loot/steal and new car, shoes, etc in Oakland California and if you tell the courts you needed it you get to keep it and not be charged.

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A California district attorney is requiring her prosecutors to consider looters’ “needs” when weighing criminal charges against them. The new mandate, set forth by Contra Costa County District Attorney Diane Becton, makes it tougher to prosecute looting cases in the county, which sits just outside San Francisco. Investigators must now consider “was this theft offense … Read more

Joe Biden’s America! Democrat Leaders calling for our nation to burn!

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Probably the sickest video I have ever watched Raise your hands if you don't recognize New York City. pic.twitter.com/tK6r1pf2p9 — Joel Fischer 🇺🇸 (@realJoelFischer) September 3, 2020   JIM TREACHER: Colorado Woman Beats Up Child for Carrying Trump Sign. And get ready for more of this madness. Just today, WaPo has informed us: This sounds like … Read more

Indians Tap Their Savings (Gold) To Raise Fiat Currency As Coronavirus Lockdowns Devastate Local Economies

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by Ramon Tomey via Natural News (Natural News) Many countries in the world were affected by the coronavirus pandemic in more ways than one – India being one of them. With tough times ahead due to an economic downturn, Indians are pawning family gold for some much-needed quick cash. Delhi resident Jasmine Nair had to sell her family gold … Read more

TRUMP AND WHAT ARMY… OH, RIGHT:

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Fact check: Trump does have an army https://t.co/Ux4vGxmqdK — Buck Sexton (@BuckSexton) September 3, 2020 NO ENEMIES TO THE LEFT: CBS Censors Andrew Cuomo Threatening Physical Harm to Donald Trump. Well, that’s not all that surprising, when John Dickerson, the host of Face the Nation and the “political director” for CBS, wrote an article for Slate in 2013 charmingly titled “Go … Read more

Michael Pento: Fed Needs Helicopter Money From Fiscal Stimulus To Get Inflation

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Podcast: Play in new window | Download Subscribe: Apple Podcasts | Android | Email | Stitcher | RSS The Fed wants inflation, the stock market’s plunging, and, renters can’t be evicted for the rest of 2020? Michael explains all of that and more in today’s show… Michael Pento of Pento Portfolio Strategies interviewed by Paul “Half Dollar” Eberhart Michael Pento joined Silver Doctors on Thursday, September 3, 2020, for a robust … Read more

It’s Not “Just Property”: How Looting Destroys Lives and Low-Income Neighborhoods

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by Ryan McMaken of Mises Institute It’s now become fashionable on the Left to defend looting as a means of redistributing wealth from allegedly unworthy business owners to the more-deserving looters themselves. “It’s just property!” is the refrain, with the implication being that property owners should not defend their property with coercive means—such as calling in the police … Read more

Sea of Red! NASDAQ Drops 5% As AAPL Nosedives 8% (125 Strike AAPL Calls Drop 89%!)

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by confoundedinterest17 Do you remember a sea of red? Well, the Dow plunged 2.78% today while the NASDAQ dropped 5%. Losses in benchmark indexes were brutal enough, getting to 6% in the Nasdaq 100, or about $730 billion erased. In single-stock equity contracts they were downright existential, with some instruments wiped out in the space of a few … Read more

$GOOG: Justice Dept. Plans to File Antitrust Charges Against Google in Coming Weeks

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https://www.nytimes.com/2020/09/03/us/politics/google-antitrust-justice-department.html?action=click&module=Top%20Stories&pgtype=Homepage Key Excerpts: ​ The Justice Department plans to bring an antitrust case against Google as soon as this month, after Attorney General William P. Barr overruled career lawyers who said they needed more time to build a strong case against one of the world’s wealthiest, most formidable technology companies, according to five people briefed … Read more

So many people; such a small door…

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So many people; such a small door… — Walter Deemer (@WalterDeemer) September 3, 2020 https://twitter.com/NorthmanTrader/status/1301494296512729089 As toppy as it gets. Financial conditions are flashing warning signal for stocks. Lowest level since the peak of the tech bubble. Prior lows also preceded or coincided with key market tops. Tech bust, GFC, EM crash and Volmageddon. pic.twitter.com/JHuY8Sb5Cd … Read more

Economic Confessions! US Natural Rate of Interest Hits All-time Low (Never Recovered From 2008 Financial Crisis)

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by confoundedinterest17 The global economy never recovered from the carnage created by the financial crisis of 2008. One measure that shows how bad things have gotten is the Laubach Williams “Natural Rate of Interest” or R-star which is now at an all-time low. (R-star is the real interest rate expected to prevail when the economy is … Read more

FAKE News Has Been Around for Thousands of Years

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by Martin Armstrong Many people claim that fake news is just something that Trump made up. They fail to realize that fake news has been a major political tool for thousands of years. The New York Times celebrated Joeseph Stalin as the future and cure for the Great Depression. Their top journalist Duranty even convinced … Read more

California is too broke to pay its pensions, but now wants to explore paying “reparations” to black people who were never slaves

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by: Ethan Huff (Natural News) With no extra money to spare, the state of California is still choosing to bypass the pressing needs of its own citizens with the creation of a new reparations task force, which will decide how much taxpayer cash to hand out for free to people with black skin whose ancestors may have been … Read more