On Wire

Breaking news, updates, and reports on current events.

Jim Jordan Rips FBI Director Christopher Wray… “Wray doesn’t seem to care”

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https://www.youtube.com/watch?v=bRSlk62gql4&list=WL&index=23&t=0s Katie Pavlich from Townhall reports, During an interview with Fox News host Sean Hannity Monday night, House Oversight Committee Ranking Member Jim Jordan went after FBI Director Christopher Wray for failing to sufficiently hold the Bureau accountable for actions taken against the Trump campaign and administration.  

VIDEO: USS Portland Fires Laser Weapon, Downs Drone in First At-Sea Test

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VIDEO: USS Portland Fires Laser Weapon, Downs Drone in First At-Sea Test https://t.co/BsDPNsEqjC — EndGameWW3 🇺🇸 (@EndGameWW3) May 22, 2020 Amphibious ship USS Portland (LPD-27) shot down a drone with a laser weapon during a first-of-its-kind at-sea test of the Navy’s high-energy laser weapon system. The Navy is currently developing and testing a portfolio of … Read more

Jobless claims are simply too high. They have been falling for 7 weeks, but they didn’t fall enough this past week. The unemployment rate is well over 20%.

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by UPFINA As we mentioned last week, Connecticut put that they had 10 times the number of initial jobless claims that they actually had. That was a huge mistake which made the results look worse than they were. That was resolved this week as the number of initial claims was revised down from 2.981 million to 2.687 … Read more

Who isn’t cutting jobs? You know what first thing a broke middle class employee with two kids does when they lose their job and can’t make the mortgage. Take the penalty and cash in the 401k. Companies need to sell stock, boomers, and now working class. Market on borrowed time

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https://twitter.com/hks55/status/1263914696513650693 Dell Halts 401(k) Matching, Pay Raises, Hiring to Preserve Cash JP Morgan: "We raise our forecast of the unemployment rate and expect it to stay above 10% through year-end" "We are less confident in 2021 growth prospects and see GDP in 4Q21 5% lower than the pre-pandemic path" — Nick Timiraos (@NickTimiraos) May 22, … Read more

Rent to salary ratio by U.S. metro

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by brixu   I’m a data scientist at LinkedIn and created with ggplot2 in R. Data source is LinkedIn Salary and Zillow Rentals data. My post source on LinkedIn: https://www.linkedin.com/posts/brixu_workforcereport-activity-6669273938411044864-DIZA    

Just IMAGINE the media reaction if @realDonaldTrump said this to a black person that asked questions about his policies?

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REMINDER BLACK PEOPLE: If you don’t do the bidding for wealthy white Democrats “YOU AIN’T BLACK”. Just IMAGINE the media reaction if @realDonaldTrump said this to a black person that asked questions about his policies? Or if Trump said “ain’t” when speaking to black people? pic.twitter.com/ipKNPUVhC9 — Candace Owens (@RealCandaceO) May 22, 2020

Record High Price Spike For Food At Grocery Stores As Farmers Dump Milk, Smash Eggs

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by Mac Slavo of SHTFplan Food prices have soared in recent weeks while at the same time, farmers are smashing eggs and dumping out milk. Farmers are wasting more food than ever while most Americans are feeling a pinch at the grocery store. The power-hungry elitists have done their job.  The wealthy will get to eat while the … Read more

Fed’s Money Printing & Bail-Out Policies Are Driving Investors Out Of US Assets?

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Dan Becker interviewed by Chris Marcus on Arcadia Economics With the world increasingly realizing that the Federal Reserve’s plan is apparently to print and assume any and every obligation in the financial system, not surprisingly, the smart investors are already diversifying away the central bank risk. Fortunately, internationalization expert and author Dan Becker joined me on the show … Read more