On Wire

Breaking news, updates, and reports on current events.

We’re about due for another Great Muppet Reaping. Wash, rinse, repeat.

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by Boo_Randy Fed-engineered boom/bust cycles are the most efficacious means of transferring the wealth and assets of the soon-to-be-extinct middle class to the Fed’s private equity accomplices. Investors Brace for the Fed’s Hard Landing As investors hope for a Santa Claus rally in the days ahead, the Grinch is looking to steal their holiday cheer. … Read more

Biden – The Worst President in History?

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by Martin Armstrong https://www.armstrongeconomics.com/wp-content/uploads/2022/12/Biden-Nobody-Notices.mp4 I really question his wife. How she could allow Biden to run for President when she knew his mental state unless she is in the same category? I feel sorry for him because he is just a patsy as was Lee Harvey Oswald. He is not the one making these decisions. … Read more

Real Wage Growth Falls For The 20th Month

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by Ryan McMaken of Mises Institute The federal government’s Bureau of Labor Statistics released new price inflation data today, and according to the report, price inflation during the month decelerated slightly, coming in at the lowest year-over-year increase in 12 months. According to the BLS, Consumer Price Index (CPI) inflation rose 7.1 percent year over year during November, … Read more

Given the level of tightening, soft landing is not really going to be an option

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https://twitter.com/steveanastasiou/status/1604771059852800001 Nearly 70% of Americans struggling to pay grocery bills, per Fox Business News. — unusual_whales (@unusual_whales) December 18, 2022 https://twitter.com/WallStreetSilv/status/1604609026129633281 One third of Americans are thinking of skipping holiday gifts altogether this year, due to inflation, per Bloomberg. — unusual_whales (@unusual_whales) December 19, 2022 -Americans are worried about a recession. -Retail sales have dropped. … Read more

IRS Admits To Accidentally Releasing Private Data Of About 112,000 Taxpayers

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The Internal Revenue Service (IRS) mistakenly released the private data of roughly 112,000 taxpayers in September and again in late November, the agency disclosed Thursday. An IRS programming error in September caused the release of 112,000 individual 990-T forms, a form used by IRA holders to report retirement account assets. The IRS is required to … Read more

In Canada, the The Integrated National Security Enforcement Teams now pay visits to your home for speaking out against Trudeau online.

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Let’s not forget this is the same PM who admires Chinas basic dictatorshiphttps://t.co/m31bfNQrtT — Tammy AbiKhalil (@abikhalil_t) December 15, 2022 This is also the same PM who freed a convicted terrorist (Omar Kadhr,) and secretly paid him $10.5 million. Stating “The Charter of Rights and Freedoms protects all Canadians, every one of us, even when … Read more

AirB&B housing speculators ran up the price of housing for everyone, and ruined the quality of life in thousands of residential neighborhoods. Now communities are starting to fight back against STRs, which is going to force millions of f*cked borrowers to dump these “investments” at a loss.

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Know that the City of Toronto is now enforcing the 180 nights short term rental maximum allowance. They will investigate you and audit you if they catch you. And it’s highly likely they will. Not even worth taking the risk. — Nasma Ali (@nasmadotali) December 17, 2022 City also threatening fines of $100k if you … Read more

REP. SCHIFF: “We’ve got a big problem right now with social media companies and their failure to moderate content and the explosion of hate on Twitter, the banning of journalists on Twitter. […] If you’ll be responsible moderators of content, we will give you immunity.”

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https://twitter.com/Breaking911/status/1604599039839936512 Adam Schiff should be expelled from Congress for his corrupt and unconstitutional rogue behavior over the last 4+ years. — Brigitte Gabriel (@ACTBrigitte) December 19, 2022

One Massive Bot Trap???

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The media has been having a field day since Elon Musk’s poll asking users if he should step down as the head of Twitter, which now shows the votes favor him leaving. Should I step down as head of Twitter? I will abide by the results of this poll. — Elon Musk (@elonmusk) December 18, … Read more

‘Twitter Files Supplemental’ Further Reveals Collusion Between Twitter and the FBI . . . . . . 6 Huge Takeaways From the Sixth Dump of ‘Twitter Files’

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In a “supplemental” to the 6th installment of the “Twitter Files,” Independent Journalist Matt Taibbi reveals new details about the relationship between Twitter and the U.S. the Federal Bureau of Investigations. “A surprisingly high number are requests by the FBI for Twitter to take action on election misinformation, even involving joke tweets from low-follower accounts,” … Read more