On Wire

Breaking news, updates, and reports on current events.

Trump Calls for All Republicans to Back Establishment RINO Kevin McCarthy for Speaker

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Former President Trump called on House Republicans to unite behind House GOP leader Kevin McCarthy (Calif.) for the Speakership, announcing early Wednesday that he is standing by McCarthy despite opposition from some hard-line members of the party. Trump said in a Truth Social post that “some really good conversations” were held Tuesday night, and all … Read more

Another Twitter Files Drop: How Twitter Let the Intelligence Community In

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https://t.co/mz7AFonNSn August 2017, when Facebook decided to suspend 300 accounts with “suspected Russian origin,” Twitter wasn’t worried. Its leaders were sure they didn’t have a Russia problem. — Matt Taibbi (@mtaibbi) January 3, 2023 4.“KEEP THE FOCUS ON FB”: Twitter was so sure they had no Russia problem, execs agreed the best PR strategy was … Read more

The thought police come for Jordan Peterson

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I have been accused of harming people (although none of the complainants involved in the current action were clients of mone, past or present, or en were even acquainted with any of my clients. — Dr Jordan B Peterson (@jordanbpeterson) January 3, 2023 About a dozen people from all over the world submitted complaints about … Read more

Federal bank regulatory agencies today issued a statement highlighting key risks for banking organizations associated with crypto-assets and the crypto-asset sector and describing the agencies’ approaches to supervision in this area.

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Source: https://www.federalreserve.gov/newsevents/pressreleases/files/bcreg20230103a1.pdf Federal bank regulatory agencies today issued a statement highlighting key risks for banking organizations associated with crypto-assets and the crypto-asset sector and describing the agencies’ approaches to supervision in this area. In particular, the statement describes several key risks associated with crypto-assets and the crypto-asset sector, as demonstrated by the significant volatility and vulnerabilities … Read more

U.S. Economic Calendar Alert! Dates for the 2023 CPI Releases and FOMC Meetings

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by Dismal-Jellyfish 2023 CPI schedule Reference Month Release Date Release Time (ET) December 2022 1/12/2023 8:30am January 2023 2/14/2023 8:30am February 2023 3/14/2023 8:30am March 2023 4/12/2023 8:30am April 2023 5/10/2023 8:30am May 2023 6/13/2023 8:30am June 2023 7/12/2023 8:30am July 2023 8/10/2023 8:30am August 2023 9/13/2023 8:30am September 2023 10/12/2023 8:30am October 2023 11/14/2023 … Read more

If you can’t report in a timely fashion, then don’t do it. What if I told the IRS it would take 50 years to calculate my taxes? Jail would happen.

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by Dismal-Jellyfish Commodity Futures Trading Comission (CFTC) Alert! Swap Data Recordkeeping and Reporting Requirements (OMB Control No. 3038-0096). This is a request for extension of a currently approved information collection. They estimate it takes 1,460,357 hours for 1,732 folks to get swap reporting together… https://public-inspection.federalregister.gov/2022-28548.pdf   https://public-inspection.federalregister.gov/2022-28548.pdf

A PRECEDENT WE SHOULD FOLLOW: India set an ‘incredibly important precedent’ by banning TikTok, FCC Commissioner says.

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India set an “incredibly important precedent” by banning TikTok two and a half years ago, FCC commissioner Brendan Carr said as he projected a similar fate for the Chinese giant ByteDance app in the U.S. Carr warned that TikTok “operates as a sophisticated surveillance tool” and told the Indian daily Economic Times that banning the social … Read more

STATUS OF US DOLLAR AS GLOBAL RESERVE CURRENCY: USD EXCHANGE RATES HIT FOREIGN EXCHANGE RESERVES

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The last three years were complicated for the dominant reserve currency. At first there was the Fed’s $5-trillion money-printing orgy and interest-rate repression. Then there was raging inflation, which the Fed brushed off as “transitory.” Through this period, the dollar fell against other currencies. But then the Fed got religion and began to tighten: since … Read more

Scott Adams, Creator of Dilbert, Threatens Legal Action Against Ben Garrison Over Political Cartoon of Scott

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If you believed those claims, see the pandemic link in my profile to correct. — Scott Adams (@ScottAdamsSays) January 2, 2023 You’re an idiot. No one lets this go. — Scott Adams (@ScottAdamsSays) January 2, 2023 Timestamp: 33:49 (“…I’m going to beat the sh*t out of him, I mean not physically, l abhor violence, but … Read more