On Wire

Breaking news, updates, and reports on current events.

Pharmacies seeing shortages of hundreds of medicines, including critically important antibiotics.

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Pharmacies across the country are seeing shortages of hundreds of medicines, including critically important antibiotics, as the height of cold and flu season nears. According to the FDA, 123 of 184 listed drugs are currently in some kind of shortage. Charles Tabouchirani, the owner of Cherry’s Pharmacy on East 66th on Manhattan’s Upper East Side … Read more

FedEx and UPS are ‘tracking gun sales’ for White House…

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Montany Attorney General Austin Knudsen sent letters to logistics companies UPS and FedEx demanding information on their altered policies on firearms and whether they are in cooperation with federal agencies. “What this looks to me, and a lot my colleagues, is the administration … can’t get more gun control passed through the Senate and through … Read more

Buttigieg claims rail strike would force Americans to boil water and the economy would grind to a halt

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Pete Buttigieg claims a rail strike would force Americans to boil their water and the economy would grind to a halt – as unions, Democrats and Republicans go to battle over paid sick leave Transportation Secretary Pete Buttigieg said the economy would face dire consequences if U.S. railroads were to shut down from a strike … Read more

British families are ‘eating PET FOOD’ and ‘heating meals on radiators and candles’ as households struggle amid cost-of-living crisis, charity warns

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The UK sheeple are getting exactly what they voted for. Coming soon to a globalist looting colony near you. A community worker with 20 years’ experience said people are being forced to eat pet food while others are heating their food on radiators due to the ongoing cost of living crisis. Mark Seed, who heads … Read more

Pelosi has sold another 20,000 shares of Visa, totaling ~$4M Back in 2008, Visa offered her husband a “VIP cut of the IPO” at $11/share. Since then, $V is up ~1900%

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Trading History: Bought pre IPO – 80K shares @ $11/shareBought 3/25/08 – 40K shares @ $16/shareBought 6/4/09 – 20K shares @ $21.50/shareSold 5/8/20 – ~$1M @ $185/shareSold 6/21/22 – ~$3M @ $194/shareSold 11/8/22 – ~$3M @ $201/share *all post stock split numbers — Nancy Pelosi Stock Tracker ♟ (@pelositracker) December 1, 2022

Switzerland, Facing an Unprecedented Power Shortage, Contemplates a Partial Ban on the Use of Electric Vehicles

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The Swiss Confederation usually imports electricity from France and Germany to keep the lights on over the winter, but this year neither country has any power to spare. Many French nuclear power plants are down after years of postponed maintenance, while in Germany we suffer from a superfluity of idle wind turbines and a (self-imposed) … Read more

Federal Reserve Alert! Vice Chair for Supervision Michael S. Barr in speech: “We are currently evaluating whether the supervisory stress test that is used to set capital requirements for large banks reflects an appropriately wide range of risks.”

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Source: https://www.federalreserve.gov/newsevents/speech/barr20221201a.htm In my first speech as Vice Chair for Supervision in September, I said that the Federal Reserve Board would soon engage in a holistic review of capital standards. My argument, then and now, is that our review of regulatory policy must be a periodic feature of bank oversight. Banking and the financial system continuously … Read more

“Baal-enci-aga” Literally Means “Baal The King”

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by Michael This rabbit hole just keeps on getting even deeper.  Earlier today, I was contacted by two individuals that had heard about another twist on the Balenciaga controversy.  As I detailed earlier this week, extremely disturbing Balenciaga photographs that prominently feature children are causing a tremendous uproar all over the globe.  The fashion house is … Read more

Money Supply Growth In October Fell To A 39-Month Low: A Recession Is Now Almost Guaranteed

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by Ryan McMaken of Mises Institute Money supply growth fell again in October, dropping to a thirty-nine-month low. October’s drop continues a steep downward trend from the unprecedented highs experienced during the thirteen months between April 2020 and April 2021. During that period, money supply growth in the United States often climbed above 35 percent year over year, … Read more

Blackstone limited withdrawals from its $69 billion unlisted real estate income trust (REIT) on Thursday after a surge of redemption requests

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by silvertomars Closing the gates and leaving investors with illiquid positions they can’t redeem. Investors fear Blackstone has been slow to mark down valuations. Asset panic leading to liquidity problems, hmm. I do believe I have seen this before. https://www.reuters.com/business/finance/blackstone-limits-redemptions-69-billion-reit-2022-12-01/ Blackstone Real Estate Income Trust (BREIT) is a real estate investment trust that invests in … Read more

California reparations committee will recommend handing out $223,200 to descendant of slaves (and this will be funded how?)

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Gavin Newsom’s reparations committee will recommend handing out $223,200 per person to all descendants of slaves in California for ‘housing discrimination’ at a cost of $559BN – in nation’s biggest restitution effort ever A task force was set up in California to make proposals for slavery reparations Descendants of slaves in California could receive $223,200 each, … Read more