On Wire

Breaking news, updates, and reports on current events.

There are early signs of distress building in markets, and while they’ve been orderly in recent months, they can quickly grow disorderly.

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The stock market could fall another 20% as a recession is likely to hit the US economy over the next six to nine months, according to Jamie Dimon. He said higher inflation, interest rates, and war uncertainty are all contributing to volatile markets. “The far more serious thing is this war,” Dimon told CNBC on … Read more

CNN forced to apologize for intruding on the crime scene where dozens of toddlers were killed.

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CNN forced to apologize for intruding on the crime scene where dozens of toddlers were killed. pic.twitter.com/P8pPtnWv7r — Ian Miles (@ianmiles) October 10, 2022 Thai authorities have fined two CNN journalists for working in the country on tourist visas but cleared them of wrongdoing for entering the day care centre where more than 20 children … Read more

“Gone Woke”: PayPal Stock Tanks 6% After Flood of Users Cancel Over $2,500 ‘Misinformation’ Debacle

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October 10, 2022: Shares in PayPal are off more than 6% in early Monday trading after a massive internet campaign to cancel accounts went viral in response to the company’s now-reversed policy that would fine users $2,500 if they were to allegedly promote “misinformation” or “hate.” The company backpedaled on the line in their user … Read more

Serbia and Hungary Will Bypass Russia Sanctions by Building Their Own Oil Pipeline

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by Chris Black After threats to cut Serbia off from Russian oil (through Croatia), it was decided to build their own oil pipeline through Hungary to Russia. The pipeline will be called “Friendship”. Hungary, Serbia agree to build pipeline to ship Russian oil to Serbia https://t.co/9GTRuCMc8K pic.twitter.com/4uofFGyjRV — Reuters (@Reuters) October 10, 2022

The Perils Of Fed Tightening 2: US Mortgage Rates Climb To Highest Since 2000, Mortgage Demand Falls To Lowest In Recorded History (Great Job DC!!)

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by confoundedinterest17 Happy Columbus Day! As I discussed yesterday in my post entitled “The Perils Of Fed Tightening In One Chart (Or Sweet Home DC!) Treasury Yield Curve Remains In Reversion And Stock Market Declining As Fed Reduces Money Supply Growth,” The Federal Reserve is tightening its monetary policies to combat 40-year highs in US inflation caused by … Read more

Control of interest rates has been lost and a credit freeze is on the horizon. All Central Banks losing money. Bonds not wanted. Bye Felica

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Source: Zerohedge   Using joint EU debt and the ECB printer to try to print energy is going to be a disaster. They should go ahead and do it. They need to do everything wrong first before they reach the correct solution. A lot of #nuclear plus invest in more oil and natural gas resources. … Read more

BIDEN ACTUALLY NOT RELEASING MARIJUANA PRISONERS FROM PRISON

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It was with great fanfare and public excitement this week that the Biden administration announced pardons for federal prisoners convicted of possessing small amounts of marijuana. Many Democrats cheered this long-awaited partial honoring of Biden’s campaign promise, typically without noting that the pardons will release exactly zero inmates from federal prison, seeing as how federal … Read more

FBI TEAM INVOLVED IN CENSORSHIP OF HUNTER BIDEN LAPTOP STORY IDENTIFIED

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The FBI team that was in communication with Facebook before the social media company censored the original Hunter Biden laptop story has been identified, according to a new court filing. Meta, Facebook’s parent company, identified the team as the FBI’s Foreign Influence Task Force (FITF), according to an updated complaint entered late on Oct. 6. … Read more

Texas mom sentenced to life after pleading guilty to murder of bedridden daughter she left alone to go party

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Lauren Kay Dean pleaded guilty to murder on Wednesday and was sentenced to life in prison in connection to the death of her 7-year-old daughter, Jordynn Barrera, KTRK reported. Dean was also sentenced to an additional 20 years for two counts of abandonment and endangering a child. According to the criminal complaint, Dean had left … Read more

NY to become first state to begin to “test” people for marijuana intoxication whil driving, setting up thousands of DWI!

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New York is putting the doobie before traffic safety, law enforcement officials charge — and it’s forcing Albany to give the issue high priority. Gov. Kathy Hochul’s administration is scrambling to develop a way to measure when motorists are driving while under the influence of cannabis since there’s no current standard or valid testing, the … Read more

Scientists Have Discovered a New Set of Blood Groups

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THE UNBORN BABY was in trouble. Its mother’s doctors, at a UK hospital, knew there was something wrong with the fetus’s blood, so they decided to perform an emergency C-section many weeks before the baby was due. But despite this, and subsequent blood transfusions, the baby suffered a brain hemorrhage with devastating consequences. It sadly … Read more

Clown World: Man convicted of raping a minor sues state over housing him with men, and judge awards him $2.58 million in legal fees

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“Edmo is not currently required to register as a sex offender, and social media activity from after his 2021 release from prison mention traveling across the United States to multiple destinations including Nevada and California.” https://t.co/vKjKTEkzov — An Open Secret (@AnOpenSecret) October 6, 2022 h/t Jwnlwplus4