On Wire

Breaking news, updates, and reports on current events.

Now Is The Time To Boot Failed GOP Leaders, Not Bicker About Trump Vs. DeSantis. After a colossal failure in the midterms, the Republican Party desperately needs to overhaul its leadership. We can worry about 2024 later.

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via thefederalist: Anyone who cares about the Republican Party needs to understand that the ongoing campaign to blame the midterms on Donald Trump and throw support behind Florida Gov. Ron DeSantis for 2024 is a GOP establishment scheme to avoid responsibility for their own failures. Forget about the Trump versus DeSantis question for a minute. Right … Read more

These guys still looking for liquidity?

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Credit Suisse on Tuesday announced that it would accelerate the restructure of its investment bank by selling a significant portion of its securitized products group (SPG) to Apollo Global Management. Credit Suisse said the transaction, along with the potential sale of other assets to third-party investors, is expected to reduce SPG assets from around $75 … Read more

Establishment Republicans Consider Working with Democrats to Pick House Speaker

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This is the same establishment GOP getting chummy with Ron DeSantis. They will work with DemoKKKrats over the base of GOP supporters and those they elected to represent them. https://www.breitbart.com/politics/2022/11/15/establishment-republicans-consider-working-democrats-pick-house-speaker/ While the Republican Party will vote on a nominee for House Speaker on Tuesday for the projected GOP-led Congress next year, some establishment Republicans are … Read more

They aren’t protestors; they’re nihilists bent on making the world as ugly and pointless as they are.

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ENEMIES OF CIVILIZATION: Protesters Pour Black Liquid On Klimt Painting In Vienna. Climate activists on Tuesday poured a black liquid over Austrian painter Gustav Klimt’s masterpiece “Death and Life” at Vienna’s Leopold Museum, a spokesman told AFP. “Restorers are working to determine whether the painting protected by glass has been damaged,” said Klaus Pokorny. A group … Read more

BIS Is Nearly Out Of Its Gold Swap Business

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By Robert Lambourne via GATA After 12 years in the gold swap business, the Bank for International Settlements seems to have just about gotten out. The bank’s October statement of account, just published — https://www.bis.org/banking/balsheet/statofacc221031.pdf — shows that the bank’s gold swaps, which totaled 501 tonnes in January and have been falling sharply throughout the year, have crashed … Read more

FTX Digital Markets gave 2,500,000 USD to RINO McConnell

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2.5 Million dollars given by FTX to RINO McConnell. Now we know why McConnell was influenced to not support the important candidates and throw the election. Here is a link to the opensecrets web page that keeps track of all political donations, see line 20: https://www.opensecrets.org/outside-spending/detail/2022?cmte=C00571703&tab=donors Here is a tweet with the sched A for … Read more

The Wrath of Nancy: NBC Correspondent Miguel Almaguer Suspended After Viral Report on Paul Pelosi and David DePape

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BREAKING: The @TODAYshow has now DELETED this clip and @NBCNews has scrubbed it from their website because it “did not meet” their “reporting standards.” WHAT IS GOING ON?! pic.twitter.com/SnnQY7sq6y — Benny Johnson (@bennyjohnson) November 4, 2022 NBC News pulled their bombshell report in early November by Miguel Almaguer on the attack on Paul Pelosi that … Read more

UPDATE NEWSPEAK DICTIONARIES ACCORDINGLY: Christopher Rufo on The “Stochastic Terror” Lie. The Left’s latest gambit for suppressing speech is built on preposterous grounds.

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via city-journal.org: The scheme works like this: left-wing media, activists, and officials designate a subject of discourse, such as Drag Queen Story Hour, off-limits; they treat any reporting on that subject as an expression of “hate speech”; and finally, if an incident of violence emerges that is related, even tangentially, to that subject, they assign guilt … Read more

HOUSE: ‘Dems Can’t Catch a Break’: CA-41 Called.

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Republican Rep. Ken Calvert defeated his Democrat opponent Will Rollins, a former federal prosecutor, in California’s 41st Congressional District, bringing Republicans one step closer to taking the House. According to the Los Angeles Times, the district became more competitive this year due to the reconfiguring of congressional maps in the state and “the inclusion of … Read more

PPI misses across the board again…Watch what happens once inflation relief turns into realization as to why inflation is dropping.

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PPI: misses across the board again PPI 0.2% M/M, Exp. 0.4%PPI 8.0% M/M, Exp. 8.3% PPI Core 0.2% M/M, Exp. 0.3%PPI Core 6.7% Y/Y, Exp. 7.2%, — zerohedge (@zerohedge) November 15, 2022 https://twitter.com/NorthmanTrader/status/1592513820412764160 NOW CAN WE CALL IT A RECESSION? Jeff Bezos advises to ‘take some risk off the table,’ says economy currently ‘does not look great.’ … Read more

Where Crypto Went Wrong

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by Charles Hugh-Smith You want to fix the world with finance? Then fix this: wages’ share of a financialized, globalized, speculative-bubble dependent economy have been falling for decades. Fix this and you really will change the world. Anything less changes nothing. Let’s start by stipulating my perspective on cryptocurrencies is neither positive nor negative in … Read more