On Wire

Breaking news, updates, and reports on current events.

Not in My Back Yard: Rich Libs in Posh D.C. Suburb Freak Out Over Affordable Housing Proposal

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via freebeacon: “Just because others flee crime-ridden and poverty-stricken areas doesn’t mean Montgomery County has to be turned into a slum to accommodate them” Residents of one of the wealthiest, most liberal counties in the United States are freaking out over a measure to increase the availability of affordable housing in the area — yet another example … Read more

China Warns of Countermeasures if U.S. Puts Missiles on Its ‘Doorstep’

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BEIJING (Reuters) – China threatened countermeasures on Tuesday if the United States deploys intermediate-range, ground-based missiles in Asia and warned U.S. allies of repercussions if they allow such weapons on their territory. U.S. Defense Secretary Mark Esper said on Saturday he was in favour of placing ground-launched, intermediate-range missiles in the region soon, possibly within … Read more

All Immigrants Must Enter the United States Legally

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  Seeking legal asylum? Seek it legally. Want to avoid being arrested? Don’t break the law. The media narrative today is that America has become “xenophobic” and is turning its back on new immigrants. But that narrative is sharply contradicted by the fact that the United States maintains the most generous immigration policies in the … Read more

Next Market Sell-Off Could Be ‘Lehman-Like’; Recession Warning

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Nomura: A second market sell-off could be ‘Lehman-like’ “At this point, we think it would be a mistake to dismiss the possibility of a Lehman-like shock as a mere tail risk,” says Nomura strategist Masanari Takada. Nomura’s propriety sentiment data shows a “deterioration in supply demand for equities and a sharp downward break in fundamentals” … Read more

Fed Stonewalling – Bernanke Flatly Refuse to Say Which Banks Took Trillions in Taxpayer Loans

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by NovaTraveller69 Since James Corbett’s Federal Reserve video “Century of Enslavement” got recently blacklisted on the ever-less-popular Youtube (i.e. doesn’t show up in “federal reserve” search results anymore), here’s a little clip of ex-Fed-Chairman Ben Bernanke being questioned by Bernie Sanders. Ben Bernanke, nicknamed “Helicopter Ben”, was famous for his “Quantitative Easing” policies, which distributed huge … Read more

Just a Reminder, Whenever You Hear Mass-Shooting, Your First Question Should Always be “What drugs where they on?”

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by NuttBoxer Guns – Been around for almost 1,000 years Anger – Since Cain and Abel Politics – Since Rome Mass shootings – Since the 1950’s Anti-psychotics, anti-depressants, anxiety medications – Since the 1950’s ​ There is only ONE connection that matters. http://www.prweb.com/releases/2014/04/prweb11735195.htm    

NYC Police Chief who seized Anthony Weiner’s laptop resigned from the force to take up a cushy job at a Clinton firm

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via thedailybeast: A shady firm with deep ties to Bill and Hil made lifelong cop Bill Bratton an offer so good, he left the leadership of the country’s largest police force. What’s next? New York City Police Commissioner Bill Bratton got results as the city’s top cop, driving down crime under two mayors. But Bratton, who announced his … Read more

Uruguay issues travel warning for USA

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MONTEVIDEO, Aug 5 (Reuters) – Uruguay on Monday issued a warning to its citizens traveling to the United States after two mass shootings over the weekend that killed 31 people in Texas and Ohio. In a press release, the Foreign Ministry advised avoiding cities such as Detroit, Baltimore and Albuquerque, which it said are among … Read more

Here’s How Prepping Can SAVE You Money

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by Daisy Luther One of the most common reasons that people give for not prepping is the cost involved.  People seem to have this mental image of a  bedroom or basement dedicated to being filled to the rafters with cans of Chef-Boy-Ardee.  They imagine someone going out and spending $5000 at a time for a … Read more

Will China Retreat Into Itself?

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by Raúl Ilargi Meijer Odilon Redon Peyrelebade landscape 1880  It’s never easy to gauge what exactly is happening in China, or why the CCP Politburo takes the decisions it does. Today, or overnight, is no exception to that. However, one thing that appears certain, but which I don’t see reflected in all the analyses, is that Beijing … Read more

$1,400,000,000,000 Gone In Less Than A Week – Stock Market In Turmoil As The Trade War Dramatically Escalates

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by Michael Snyder Our trade war with China has begun to spiral out of control, and as a result global financial markets have been thrown into a state of turmoil.  On Monday, the Dow Jones Industrial Average fell 767 points, and that represented the sixth-largest single day stock market decline in all of U.S. history.  … Read more

Nothing Is Guaranteed

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by Charles Hugh-Smith There are no guarantees, no matter how monumental the hubris and confidence. The American lifestyle and economy depend on a vast number of implicit guarantees— systemic forms of entitlement that we implicitly feel are our birthright. Chief among these implicit entitlements is the Federal Reserve can always “save the day”: the Fed has the tools … Read more

What Plunging Global Semiconductor Sales Just Said about Autos, IT & How the Economy Reacts to Uncertainties

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The deepest plunge since the Financial Crisis, but more persistent. Global chip sales plunged 16.8% in June from June last year, to $32.7 billion, on a three-month moving average basis, and are down 22% from the peak in October 2018, according to the World Semiconductor Trade Statistics today. As deepest and most relentless … Read more