On Wire

Breaking news, updates, and reports on current events.

Cumulative debt to GDP matters a lot

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by Chris Spanishpaco – Fundamentally GDP is annual but debt is cumulative. Does this matter? Of course it matters. As I’ve been pointing out for nigh on a decade now, the US has been compounding it’s debts since the early 1970’s at 8.9% per year while GDP has been compounding at roughly half that rate. … Read more

Armstrong on the Silence Surrounding Epstein Incident

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by SP Martin points out several aspects of the Epstein affair that sound right to me: 1.  Big Media is very quiet on two aspects of the Epstein case:   a)  the network of coercion/blackmail and a)  the breadth involved participants.  As a diversion, attention is focused on sordid stories of Epstein’s individualdepravity.  (the “lone deranged pedophile”). 2.  … Read more

Bitcoin And Price Manipulation

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by Chris When I see charts like that of BTC today, I can only see a “”market”” fully under the control of lightening-fast algos. If you blinked, you might have missed the “new” price that suddenly developed across and entire globe of interested parties. Millions of eyeballs and hundreds of thousands of interested parties who … Read more

Our Ruling Elites Have No Idea How Much We Want to See Them All in Prison Jumpsuits

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by Charles Hugh-Smith Even the most distracted, fragmented tribe of the peasantry eventually notices that they’re not in the top 1%, or the top 0.1%. Let’s posit that America will confront a Great Crisis in the next decade. This is the presumption of The Fourth Turning, a 4-generational cycle of 80 years that correlates rather neatly with … Read more

The US spends more per pupil than any country in the OECD, but spends it badly, lagging behind many countries in core competencies. Is it a conspiracy to keep the population dumb or just another example of government waste?

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by Playaguy   All that money does not appear to be translating into better results for US students. According to the Washington thinktank the National Center on Education and the Economy (NCEE), the average student in Singapore is 3.5 years ahead of her US counterpart in maths, 1.5 years ahead in reading and 2.5 in … Read more

Most Americans are not aware how morally and intellectually destructive American colleges—and, increasingly, high schools and even elementary schools—have become

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by Playaguy   Those who still believe that one of the primary purposes of American public (and most private) schools is to Americanize students should know this is no longer the case. On the contrary, most American high schools now celebrate every identity except American identity (which the left brands a euphemism for white supremacy). … Read more

Google pays $13 million to settle Street View scandal in which its cars and trucks scooped up emails, passwords and other personal information from tens of millions of people all over the world

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https://www.bloomberg.com/news/articles/2019-07-21/google-finds-cheap-way-out-of-multibillion-dollar-wi-spy-suit?srnd=premium Google is poised to pay a modest $13 million to end a 2010 privacy lawsuit that was once called the biggest U.S. wiretap case ever and threatened the internet giant with billions of dollars in damages. The settlement would close the books on a scandal that was touched off by trucks used by Google … Read more

In June 1993, 4000 people specifically skilled in transcendental meditation were brought to Washington DC to meditate for peace. Violent crime went down so much the chance it was random was 2 in a billion.

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by Playaguy This National Demonstration Project to Reduce Violent Crime and Improve Governmental Effectiveness brought approximately 4,000 participants in the Transcendental Meditation and TM-Sidhi programs to the United States national capital from June 7 to July 30, 1993. A 27-member independent Project Review Board consisting of sociologists and criminologists from leading universities, representatives from the … Read more

COLLUSION? NBC Promotes ‘Fun’ FaceApp, Then Realizes It’s Russian.

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via newsbusters: On Wednesday, the hosts of NBC’s Today show were delighted by the latest viral craze sweeping the nation, FaceApp, an app that allows users to upload photos of themselves to see what they would like at different ages or even as a different gender. However, on Thursday, the journalists realized that they just handed over images … Read more

IT’S DEJA ‘BAM ALL OVER AGAIN! Biden won’t promise Americans they’ll keep their doctor under his healthcare plan.

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via washingtonexaminer: LAS VEGAS — Joe Biden struggled to answer whether he could promise the American people that they could keep their doctors under his healthcare proposal. “Well look, I can’t promise — I can promise them that if in fact the private insurance they have is kept by their company, they keep whoever that plan allows,” … Read more

JOEL KOTKIN: The Tech Oligarchs Are Going to Destroy Democracy — Unless We Stop Them

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Once, the big tech firms embodied American exceptionalism and aspiration. Today, they are strangling these ideals. Government: do something. “Whom do the oligarchs’ wish to destroy? Of course, Donald Trump, whom they find understandably offensive, but who also owes little or nothing to them.” Plus: John D. Rockefeller tried to control energy distribution through his Standard … Read more

Remember, Trump Is Supposed To Be The Angry, Irrational One: Video Goes Viral Of Rep. Tlaib Losing It At 2016 Trump Event: ‘you Guys Are Crazy!’

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https://twitter.com/NewsChute/status/1152675252901752832 “Overnight, this video has gone viral on Twitter. The reason, of course, is that it proves once and for all that Tlaib truly is nothing more or less than a radical left-wing activist, fueled by hatred and anger for those who dare disagree with her. . . . That’s bad enough as it is, … Read more