On Wire

Breaking news, updates, and reports on current events.

Washington D.C. to Legalize Public Urination

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via Front Page Mag: When your whole city’s a toilet, why not embrace it? The D.C. Council is expected to take the first of two votes Tuesday on a massive rewrite of its criminal code. If passed, the bill would eliminate most mandatory minimum sentences, allow for jury trials in almost all misdemeanor cases and reduce the … Read more

Who Would You Rather Bet On?

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By Graham Summers, MBA The financial system is currently experiencing a “relief rally.” For the eight weeks ending October 28th, the primary problems facing the financial system were: 1)    The collapse of the British Pound/ UK Government Bonds 2)    The collapse of the Japanese Yen. 3)    The collapse of U.S. Treasuries. All of those have … Read more

Ex-Pakistan Prime Minister Imran Khan got shot in a ‘assassination attempt.’

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https://twitter.com/amar_navneet/status/1588139597951045633 Former Pakistan PM Imran Khan’s rally came under attack just days after he took on ISI, issuing a public warning. Former Pakistan Prime Minister Imran Khan has been injured after his public rally in Pakistan’s Wazirabad came under attack. As per media reports, as many as 5 people have been injured in the incident. … Read more

The Era of All-Powerful Central Banks Is Over

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by Charles Hugh-Smith Central bank gaming of Finance is the source of instability. The era of all-powerful central banks is over for a simple reason: they failed: they failed their citizens, their nations, and they failed the world. Their policies have pushed wealth and income inequality to extremes that have destabilized the planet’s social, political, economic … Read more

Powell Feinted Full Dovetard, and Stocks Still Plummeted. Why?

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by David Haggith I’m going to write today’s article with all the vicissitudes I experienced as I read Powell’s statements about the Fed’s predicted moves and watched the market’s responses as they played out. My first thought, as I read the headline about Powell stating outright that the time was coming when the Fed would have to slow down … Read more

That’s How the West Abetted Hitler

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by Chris Black 1921 – The great famine shook Bolshevik Russia. The USA sent Mr. Herberg Hoover (credited with saving more lives than any person who has ever lived) with $74 million (amounts to 1.2 billion in 2022) in relief. 1928 – The US industrialized Bolshevik Russia and changed Russian society from agrarian to industrial. … Read more

Powell Rugged the Markets Today, Why Tho’?

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by Chris Black Where’s muh Midterms Rally? Where’s muh FED Pivot? https://twitter.com/ADAMBERGMANshow/status/1563177450992832517 What’s going on here? They are simply trying to time the break. The USD is toast when the petro dollar breaks. And that has been the plan. Brainard told banks to be ready for FEDNOW instant payment system May/ June 23. And Saudi … Read more

Looks Like Elon Musk Spent $44 Billion Just to Have the Same Twitter as Before + The Babylon Bee

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by Chris Black Come up with whatever conspiracy theories you want, we’re here right now, a week in, and Elon is talking to the ADL and he’s talking about “election interference.” Talked to civil society leaders @JGreenblattADL, @YaelEisenstat, @rashadrobinson, @JGo4Justice, @normanlschen, @DerrickNAACP, @TheBushCenter Ken Hersch & @SindyBenavides about how Twitter will continue to combat hate … Read more

REALLY COOL: Forget air conditioning! Scientists develop a transparent window coating that can cool buildings without using ANY energy

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Scientists used machine learning to develop a transparent window coating The coating blocks UV and infrared light and radiate heat away from the window In hot and dry cities, the coating could reduce cooling energy consumption by 31 per cent, compared with conventional windows With global temperatures around the world continuing to rise, the demand … Read more

Fetterman is a colossal failure

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Fetterman is a disaster! pic.twitter.com/GrWUFDPmhT — Donald Trump Jr. (@DonaldJTrumpJr) November 2, 2022 UNFIT FOR OFFICE: Fetterman fumbles fracking question from Lemon … and more. EVERGREEN HEADLINE: The Press Has Officially Lost Its Grip On Reality. Consider the recent string of events involving President Biden. In the span of a few days, he called Kamala Harris a … Read more

Canada AGAIN increasing immigration: 500k per year within 3 years.

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https://www.cbc.ca/news/politics/canada-immigration-500000-2025-1.6636661 More than 1% of the population every year. I guess the Global Pandemic isn’t a real thing after all! They already announced an increase last October, but I guess they needed to increase the demise of YT faster, so they upped it again. Of course “the economy” is given as the official reason —– … Read more

Any portfolio manager that attempts any strategy OTHER than return on investment should be prosecuted for fraud.

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GOOD: States Pulling Hundreds of Billions in Retirement Funds from ‘Woke Capitalist’ ESG Investment Management Firms. You don’t want your portfolio managers chasing peer approval instead of return on investment. On Tuesday, Oct. 18th, Missouri Attorney General Scott Fitzpatrick divested $500 million in assets managed by the massive investment management firm BlackRock on behalf of the Missouri State Employees’ … Read more

Yet another Bitcoin mining company is collapsing and cant pay back loans. This is good for bitcoin

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The machines which are worth an estimated $65-$70m today, were originally purchased via loan for $103m. The company does not currently expect to make payment on November 8th, meaning that up to 3.6 EH/s could hit the market, approximately 1.5% of global hash rate. pic.twitter.com/ZWn54PPEhP — Dylan LeClair (@DylanLeClair) November 2, 2022 Anyways, here’s the … Read more