On Wire

Breaking news, updates, and reports on current events.

World Economic Forum Says Global Economy Collapsing

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by Chris Black I guess these people would know. They are the “World Economic Forum,” after all. https://twitter.com/wef/status/1613097209846702080 https://twitter.com/wef/status/1613105965146189825 It’s exhausting to see boomers claiming constantly that these people have everything under control, because that obviously isn’t true. RT: The cost-of-living crisis, looming recession and mounting debt are the biggest short-term threats facing the global … Read more

The DEMS Will Try to Force Biden Out of Office Really Soon

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by Chris Black When Trump was President, he made a standing order that any documents he removed from the Oval Office automatically became declassified–something he was empowered to do by the Constitution. So it was legally and logically impossible for Trump to have “classified documents” at Mar A Lago. Unless Obama formally declassified the Obama … Read more

Attorney General Merrick Garland appoints a special counsel Robert Kyoung Hur to probe Biden documents!

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Just announced on CNN! BREAKING: AG Merrick Garland has appointed a Special Counsel to investigate the mishandling of Classified Documents by Joe Biden. — ALX 🇺🇸 (@alx) January 12, 2023 BREAKING: Attorney General Merrick Garland announces the appointment of attorney Robert Hur as special counsel to investigate President Joe Biden's documents. MORE: https://t.co/VycHvlJ2Ao pic.twitter.com/s3VWSUefPa — … Read more

Migrants are ‘drinking all day,’ ‘having sex in the stairs’ in taxpayer-funded New York hotels:

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Watch the latest video at foxnews.com It’s a disgrace,” Row New York City employee Felipe Rodriguez said on “The Ingraham Angle.” “The chaos that we see at the Row today is [caused] by migrants being drunk, drinking all day, smoking marijuana [and] consuming drugs,” Rodriguez said. He also said that the Row is struggling with … Read more

We Won’t Be Fooled Again – Inflation Is Most Definitely Not “Under Control”

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by Michael Inflation is going down!  Let’s all celebrate!  We all knew that when the Federal Reserve began aggressively hiking interest rates it would have an impact on inflation.  Higher rates have caused a new housing crash, they have crushed the tech industry, and they have sparked the biggest wave of layoffs that we have seen since the Great … Read more

CHART: Stocks Are Still Very Expensive

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Wilshire 5000 Market Cap to GDP is still well above the madness of the 2000 super bubble peak. Con artists want you focused on short-term catalysts and not on the bigger (more important) picture. pic.twitter.com/CuSf6tsGnb — Minsky Moment (@BP_Rising) January 12, 2023

GLENN BECK: How TERRIFYING New ESG Rules Will Transform The ENTIRE WORLD

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ESG is here, and now, it could fundamentally transform the entire Western World OVERNIGHT. New ESG reporting rules from the European Union (EU) will affect nearly every major American corporation — meaning YOUR life likely will fundamentally change as well. In this clip, Glenn is joined by The Heartland Institute’s Justin Haskins to discuss these … Read more

Nixon Threatened to Reveal the CIA’s Involvement in the Kennedy Assassination

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A stunning, long-overlooked Nixon Watergate-era tape shows Richard Nixon warning CIA Director Richard Helms that he knows of CIA involvement in the murder of John F. Kennedy- “I know who shot John.” This shocking new tape depicts Nixon increasingly besieged by Watergate but unaware that at least four of the Watergate burglars were still on … Read more

Fed Fireball! Newly Listed Homes Decline -21% YoY In December (Worst Decline In 6 Years) As Fed Tightens Monetary Noose

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by confoundedinterest17 As The Federal Reserves attempts to combat inflation, the withdrawal of monetary stimulus is creating problems in the housing market. For one, as mortgage rates have risen, newly listed homes declined -21% YoY in December. And yes, the 2022 vintage is the worst in 6 years as The Fed counterattacks inflation. And mortgage rates … Read more

This market can’t make up its mind…

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Current situation: 1. $VIX trading lower despite 50+ point $SPX reversal 2. Stocks down like a recession is coming 3. Oil prices up like the recession was canceled 4. Gold up like inflation hasn’t peaked 5. Bonds up like inflation peaked This market can’t make up its mind. — The Kobeissi Letter (@KobeissiLetter) January 12, … Read more

CPI at 6.5%, core CPI at 5.7%, falling in line with expectations. But eggs in California are up 500% …

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Egg supply shortage in Europe and America pic.twitter.com/77gJ9sG98v — Russian Market (@runews) January 12, 2023 Inflation price changes in the last year, per CPI report: Fuel oil: +41%Gas utilities: +19.3%Transportation: +14.6%Electricity: +14.3%Food at home: +11.8%Food away from home: +8.3%Shelter: +7.5%CPI: +6.5%New cars: +5.9%Gas: -1.5%Used cars: -8.8% — unusual_whales (@unusual_whales) January 12, 2023 h/t  BoatSurfer600

If I tell you that house, car, tv, dishwasher or vacation is going to be 5% cheaper next month, 15% cheaper in 2 months and 25% in 3 months, how likely are you to buy today?

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If I tell you that house, car, tv, dishwasher or vacation is going to be 5% cheaper next month, 15% cheaper in 2 months and 25% in 3 months, how likely are you to buy today? — Financelot (@FinanceLancelot) January 12, 2023   US Inflation Cools Again, Putting Fed on Track to Downshift Looks like … Read more