On Wire

Breaking news, updates, and reports on current events.

FYI Tesla or any other automaker making ventilator is BS

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“The effective operation of a production facility for ventilators is only possible in an integrated supply chain with sub-suppliers of components,” wrote Kamann. “To meet the technological and quality requirements, close integration and exchange are necessary. New production lines would only generate additional output if the supply industry were also doubled, which is impossible in … Read more

Where Will the US Stock Market Crash End?

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by David Haggith   As the carnage continues with stocks now ignoring anything the Fed throws at them — and the Fed has pretty well thrown everything it has used in the past and is now moving into bailout mode — where is the US stock market crash likely to to stop falling? So far, it’s … Read more

The Global Economy Won’t Bounce Back Soon

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Authored by Daniel Lacalle via The Mises Institute, In February, the general consensus between large investment banks and supranational entities was that there would be a one-time hit to GDP in the first quarter due to the impact of the coronavirus, followed by a stronger, V-shaped recovery. The IMF expected a modest correction of global GDP … Read more

There goes the sewage system.

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As the toilet paper crisis ramps up, many Australians are turning to alternative products — but these photos prove using them is a big mistake. Shocking photos have emerged online revealing exactly what happens to sewage pipes when people attempt to flush items other than toilet paper. Right now amid coronavirus pandemic fears, Australian shoppers … Read more

Ohio shutting down

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We just got word that the Ohio governor will close all non critical infrastructure starting tomorrow. We’ve been given our travel document in case we get stopped.   h/t Jay

Tucker Carlson explains how Senators use their office to make money through insider trading. Rand Paul: We absolutely must, must, resist government run amok taking advantage of a crisis.

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Here is how one Senator, Richard Burr the former Lawn Mower salesman made money using his access to privileged information. Rand Paul: We absolutely must, must, resist government run amok taking advantage of a crisis. This is how your liberty dies. Stand up America and resist. DOJ seeks new emergency powers amid coronavirus pandemic – … Read more

NEW YORK — Military is Outlining Plans to Take Over Hotels, Dormitories, Arenas to Treat Patients

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NY State Declared Major Disaster Area After 56 Coronavirus Deaths — Military is Outlining Plans to Take Over Hotels, Dormitories, Arenas to Treat Patients On Friday President Trump declared New York State a major disaster area as the number of confirmed coronavirus cases jumped to 10,356 by Saturday morning. There have been 56 deaths reported in the state due … Read more

CNN: “The Use of American companies to push Russian propaganda goes beyond social media sites like Facebook.”

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Also CNN: Much more at Twitchy: ‘So we believe Russia now?’ CNN passes along Kremlin info saying ‘Putin’s strategy seems to have worked’ against coronavirus (and people have thoughts). Related: Is Russia running a coronavirus disinformation campaign? ARE YOU GUYS SURE WE CAN’T EXPEL JOURNALISTS TO CHINA?  I MEAN OSTENSIBLY AMERICAN JOURNALISTS:  Rachel Maddow and others call on networks … Read more

Egon von Greyerz – Fake Markets Supported by Fake Money, Global Financial System Broken & Bankrupt

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Financial and precious metals expert Egon von Greyerz (EvG) operates the largest private gold vault in the world in Switzerland. EvG contends, “They have managed to maintain totally false markets with no real price discovery, certainly since 2009, by just flooding the market with so much money. We don’t have any real markets. We don’t … Read more

Amazon CEO Jeff Bezos asks laid-off workers from BARS and RESTAURANTS to come join the company . Amazon has also raised overtime pay for us workers . Bezos says ” Things are gonna get much worse “

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Amazon CEO Jeff Bezos said in a statement on Saturday the company is hiring for 100,000 new roles, and urged laid-off restaurant workers to apply. Bezos added that the company has implemented a number of health and safety measures in response to the crisis, and has raised wages for hourly workers. Amazon has been flooded … Read more