On Wire

Breaking news, updates, and reports on current events.

Q4 Mortgage Lending At Big Three Banks Plunges 20-30% Y/Y

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via MarketWatch: How low can they go? With earnings from three of the four biggest banks in, one metric stands in sharp relief. Mortgage lending just keeps plunging. In the fourth quarter, mortgage originations at Citi C, +0.31%   were down 23% compared to a year ago. At Wells Fargo WFC, -0.08%  , they were 28% lower, and at JPMorgan Chase JPM, +0.81%  , … Read more

What Can We Learn From A Shutdown?

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by Danny Ratliff As we are now in to day 26 of the government shutdown, the 800,000 federal employees and contractors being used as political pawns go without their first paycheck. This whole ordeal, while unfortunate, is a great reminder of what can happen to any of us: missing a paycheck: Luckily many financial institutions … Read more

How progressive: Striking LA teachers turn to social media to shame substitutes

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by DCG From NY Post: Some striking Los Angeles teachers are trying to teach picket-line crossers a lesson — by posting their names on social media. “These subs crossed our picket line,” Deanna Cambell posted on Twitter Monday — with a list of substitutes working to keep the second-largest school system in the nation open. Only a third … Read more

Joe Messina – California Goes Further off the Deep End

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from Financial Survival Network Joe Messina says that just when you thought it couldn’t get any worse, Gaven Newsom is now the governor and he’s planning ever larger giveaways to illegal aliens. Where does he think the money’s going to come from? California is already $127 billion in debt and counting. Liberalism has reached pandemic proportions and … Read more

Clinton Donor BLINDSIDED By Investigator After Dozens Come Forward, Call Ed Buck ‘Serial Predator’

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Jim Hoft for the Gateway Pundit reports, Los Angeles journalist and political commentator Jasmyne Cannick joined FOX and Friends on Monday morning to discuss her ongoing investigation of Democrat donor and gay activist Ed Buck. https://www.youtube.com/watch?v=q_73xWz1RaQ Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2019…    

WHAT COULD GO WRONG? “Report for America, an initiative of the GroundTruthProject, Google, and others, plans to place 1,000 journalists in local newsrooms over the next five years,”

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DNC-MSM house organ Columbia Journalism Reviewreports: Writing in CJR, the project’s co-founders argue that America needs “a dramatically new approach at the local level—grounded less in the traditional commercial model and more on a reawakened spirit of public service among reporters.” Steven Waldman and Charles M. Sennott say that they want to model their initiative on … Read more

“Enough with the endless talks and handshakes. We need to untie the American economy from China.”

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ANALYSIS: TRUE. China Is a Dangerous Rival, and America Should Treat It Like One. “Enough with the endless talks and handshakes. We need to untie the American economy from China.” After years of unsuccessful talks and handshake deals with Beijing, the United States should change course and begin cutting some of its economic ties with China. Such … Read more

Israel Exposed: Providing Arms to Syria Rebels

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Former Pentagon official Michael Maloof talks with RT America’s Manila Chan about the admission by outgoing Israeli Defense Forces chief that Israel has been supplying weapons to Syrian rebel forces for years, citing threat from Iran. https://youtu.be/NfkWJ_CUVIM   h/t normanbatesmotel    

The Canadian Government effectively bought the media off with taxpayer money in advance of the next election

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by Playaguy It’s even worse than many people feared. In their economic update, the Trudeau Liberals have announced a series of measures that add up to a $600 million media bailout. Instead of letting the Canadian People pick and choose which media companies to support freely, the Trudeau Liberals are forcing you to bail out … Read more

REPORT: GOOGLE Manipulated Search Results for Hot Topics; ‘Blackslists’… Huge Teams Manually Intervene on Search

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‘THE SMOKING GUN’: Google Manipulated YouTube Search Results for Abortion, Maxine Waters, David Hogg In sworn testimony, Google CEO Sundar Pichai told Congress last month that his company does not “manually intervene” on any particular search result. Yet an internal discussion thread leaked to Breitbart News reveals Google regularly intervenes in search results on its YouTube video … Read more

Over 140 International Airlines Affected by Major Security Breach

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Amadeus referred as one of the largest reservation systems, serving for 141 airlines including world-leading airline customers of British Airways, Air France, Icelandair, Qantas etc. This same vulnerability was discovered include 44% of the international carriers market including United Airlines, Lufthansa, Air Canada, and many more that affects tens of millions of travelers. This could … Read more

30 DAYS after a GOVERNMENT SHUTDOWN, Federal PARASITES can be FIRED! 5 MORE DAYS

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via americanthinker: Has President Trump suckered Democrats and the Deep State into a trap that will enable a radical downsizing of the federal bureaucracy?  In only five more days of the already “longest government shutdown in history” (25 days and counting, as of today), a heretofore obscure threshold will be reached, enabling permanent layoffs of bureaucrats furloughed … Read more

Nancy Pelosi’s net worth $196,299,990 in 2018

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  Company Co-Founded By Nancy Pelosi’s Son Charged With Fraud Another day another scandal hits the Democratic machine and this one stinks. A company co-founded by Paul Pelosi Jr., Nancy Pelosi’s son, was just charged with fraud by the SEC and other prominent Democrats are involved. The company is called Natural Blue Resources and it … Read more

We’re Reaching the Beginning of the End of the Pension Fund Crisis

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Photo by Bank of England | CC BY | Photoshopped from original From Birch Gold Group The pension crisis has been escalating for quite some time, and accounting for pension shortfalls seems next to impossible for state governments. The shortfall between pension assets and liabilities is a major problem. But another problem may be spelling the beginning of the end … Read more

Big Pharma’s Worst Nightmare, Survey Finds Most Medical Pot Users Quitting Prescription Drug Use

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via thefreethoughtproject: A new survey published this month in the Journal of Psychoactive Drugs helps explain why Big Pharma is so afraid of cannabis. The pharmaceutical and alcohol industries, both powerful influences in Washington, have long lobbied against cannabis legalization in order to protect their profits. However, the tide has turned as decriminalization of medical and recreational … Read more

Quantitative Brainwashing

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via Jeff Thomas We’re all familiar with the term, “quantitative easing.” It’s described as meaning, “A monetary policy in which a central bank purchases government securities or other securities from the market in order to lower interest rates and increase the money supply.” Well, that sounds reasonable… even beneficial. But, unfortunately, that’s not really the whole … Read more

The Worst Possible Environment For Stock Market Investors

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by jessefelder “For the investor, a too-high purchase price for the stock of an excellent company can undo the effects of a subsequent decade of favorable business developments.” -Warren Buffett “My greatest discovery was that a man must study general conditions, to size them so as to be able to anticipate probabilities.” -Jesse Livermore It’s popular … Read more

Sears stores to stay open after Lampert prevails in bankruptcy auction with a $5.2 billion bid

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NEW YORK (Reuters) – Sears Holdings Corp Chairman Eddie Lampert prevailed in a bankruptcy auction for the U.S. department store chain with an improved takeover bid of roughly $5.2 billion, allowing the 126-year-old retailer to keep its doors open, people familiar with the matter said Wednesday. Lampert’s bid, boosted from an earlier $5 billion offer, … Read more