On Wire

Breaking news, updates, and reports on current events.

Today, we’re suing Michael Saylor – a billionaire tech executive who has lived in the District for more than a decade but has never paid any DC income taxes – for tax fraud.

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We’re also suing his company, MicroStrategy, for conspiring to help him evade taxes he legally owes on hundreds of millions of dollars he’s earned while living in DC. — Archive: AG Karl A. Racine (@AGKarlRacine) August 31, 2022 With this lawsuit, we’re putting residents and employers on notice that if you enjoy all the benefits … Read more

Global real household incomes are crashing… ‘We are in stagflation, short bonds, short equities. Simple.’

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by silvertomars HIKING pic.twitter.com/F3AfvUft4U — spaghettilisbon (@spaghettilisbon) August 31, 2022 Ain’t no one got money to go shopping! Bed Bath & Below: Shares Plunge On New Stock Offering, Job Cuts, 150 Store Closures Lets face it. Needs are starting to take over wants, most folks are picking necessity over desire. Food and energy take priority to … Read more

Google Barring Truth Social From Play Store Due To ‘Insufficient Content Moderation’

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Last week, Truth Social CEO Devin Nunes claimed that it was “up to Google” to approve the App for download on the Play Store platform, claiming in a statement to Just the News‘ John Solomon: “we’re waiting on them to approve us, and I don’t know what’s taking so long.” “They could approve it tomorrow and it would … Read more

Project Veritas Exposed Assistant Principal won’t hire teachers that sympathize with parents

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Jeremy Boland, Assistant Principal of Cos Cob Elementary School: “Believe it or not, the open-minded, more progressive teachers are actually more savvy about delivering a Democratic message without really ever having to mention politics.” Boland: “So, it’s subtle. They [teachers I hire] will never say, ‘Oh, this is [a] liberal or a Democratic way of … Read more

US Mortgage Applications Drop To Lowest Level Since 1997 (And The Fed Still Hasn’t Unwound Its Enormous Balance Sheet!)

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by confoundedinterest17 Mortgage application volume dropped and remained at a multi-decade low last week (back to 1997), led by an 8 percent decline in refinance applications, which now make up only 30 percent of all applications. Purchase applications have declined in eight of the last nine weeks, as demand continues to shrink due to higher rates and a weaker economic … Read more

Are Stocks About to Crash?

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By Graham Summers, MBA As I warned yesterday, the next crisis is just around the corner. By quick way of review… 1) The Fed takes its cues on where rates need to be from the yield on the 2-Year U.S. Treasury. 2) Throughout the first half of 2022, the yield on the 2-Year U.S. Treasury … Read more

Clown World: Californians Brace for Blackouts at Same Time Democrats Begin Process of FORCING Citizens to Drive Electric Cars. Now State Urges Avoiding Charging Electric Cars

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If you live in California you might want to trade in your electric car for a gas guzzler. The state’s power grid is in grave danger of failing. The California Independent System Operator says a heat wave could result in power cutbacks. That’s means turning thermostats up to 78 degrees and washing dishes by hand. … Read more

Nearly 300 southern Illinoisans have to give up their firearms after gun rights revoked

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Aug. 25—Illinois State Police announced Wednesday that it has forced nearly 300 people in southern Illinois to give up ownership of their firearms after they had their firearms rights revoked. As part of a “firearms enforcement blitz” from June 16 to July 31 in 41 southern Illinois counties, including St. Clair, Madison, Monroe, Clinton and … Read more

Syria accuses Israel of attacking Aleppo International airport

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https://t.co/a4Zq7iceGX — Richard Medhurst (@richimedhurst) August 31, 2022 Breaking News: For the first time, Israel targets Aleppo International Airport and Damascus International airport in the same day, one hour apart. pic.twitter.com/PLlMo7Z7Xl — The Cradle (@TheCradleMedia) August 31, 2022 Syrian air defenses intercepted “a number” of Israeli missiles on Wednesday evening but several broke through and … Read more

Guaranteed basic income program begins for 1,000 Los Angeles County residents, providing $1K a month

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LOS ANGELES (CNS) — Los Angeles County’s guaranteed basic income program is underway, with 1,000 residents now receiving $1,000 a month for the next three years, officials said Tuesday. The recipients were chosen randomly from more than 180,000 people who applied for the program. https://abc7.com/guaranteed-basic-income-los-angeles-county-residents-1/12183376/

McDonald’s US president says California’s newly created fast-food council that could raise minimum wage to $22 at its restaurants ‘hurts everyone’

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McDonald’s US president said California’s fast-food council is unfair and “hurts everyone.” The fast-food council would be able to raise minimum wage up to $22 at McDonald’s and other chains. Joe Erlinger said increasing wages is “not bad,” but warned it could increase the cost of fast-food. In a letter published on Wednesday, Joe Erlinger, the president … Read more

Twitter suspended me for telling the truth

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Via Libs of TikTok And the media is doing everything they can to convince Twitter to make it permanent. As you may have heard, I’m currently suspended from Twitter for 7 days after I released a damning recording of Children’s National Hospital staff admitting to performing gender-affirming hysterectomies on minors. Of course, the suspension came shortly after … Read more