On Wire

Breaking news, updates, and reports on current events.

SOURCE: Biden knows his $300B student loan forgiveness plan is BOTH unconstitutional AND unfunded. As a result, he’s not starting the program until after the midterms so that it cannot be struck down by the court. He’ll get the credit before the election and the GOP will get the blame in 2023.

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via mishtalk: The Wall Street Journal comments on Biden’s Half-Trillion-Dollar Student-Loan Forgiveness Coup Well, he did it. Waving his baronial wand, President Biden on Wednesday canceled student debt for some 40 million borrowers on no authority but his own. This is easily the worst domestic decision of his Presidency and makes chumps of Congress and every American … Read more

Chicago Public Schools’ radical agenda gets uglier: ‘Equity’ video promotes looting and burning

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Looting and burning is a pathway to social justice. That’s the message from a video recently added by Chicago Public Schools to its website as a response to perceived economic injustice for blacks. The district calls the video an “equity tool,” but the reality is it promotes hopelessness. Titled “How Can We Win?,” the video’s message is clear: there … Read more

THIS IS A FKING BEAR MARKET RALLY! Goldman Sachs, $GS: “.. volume and liquidity will assuredly fade over the next ten days .. as those messy September seasonals come into view.”

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Goldman Sachs, $GS: ".. volume and liquidity will assuredly fade over the next ten days .. as those messy September seasonals come into view." — unusual_whales (@unusual_whales) August 25, 2022 https://twitter.com/WifeyAlpha/status/1562716147438731264 ⚠️ Philadelphia Fed President Harker: ~ Fed Need To Raise Rates To Restrictive Stance ~ I'd Like To See US Get To Above 3.4% … Read more

Did you know that profitable business scientific publishing is bad to science?

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by Chris Black Ghislaine Maxwell’s father and high-ranking Mossad agent, Ian Robert Maxwell, is the reason many scientific publications are pay walled today. After World War 2, Maxwell used contacts in the Allied occupation authorities to go into business, becoming the British and US distributor for Springer Verlag, a publisher of scientific books. As this … Read more

Good Overview That Validates My Long Held Theories About Trump Voters

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by Chris Black What tipped the scales for Trump in 2016 was winning the white labor Democrat vote in the rust belt and previously apolitical people more broadly. This demographic finds religious people and religious issues annoying, likes Medicare/Social Security/wants more government intervention in the economy, and like Trump because they perceive him as standing … Read more

They Finally Fired the Uvalde School Police Chief Who Allowed for the Mass Shooting to Happen

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by Chris Black It took over three months for them to finally fire this criminally negligent cretin who essentially told his men to stand down as a maniac methodically slaughtered classroom after classroom of elementary school children for over an hour. If he’d been secretly recorded saying the word “n*gger,” he would’ve been fired in … Read more

2022: “Yes, Big Tech works hand in hand with the government to censor information embarrassing to the regime, so what?”

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So basically the government was censoring information. https://t.co/eX5Jt7BTcQ — Blume Industries CEO Balding 大老板 (@BaldingsWorld) August 25, 2022 https://twitter.com/Breaking911/status/1562939112893587456 2018: "Facebook is a private company, it can do what it wants." 2022: "Yes, Big Tech works hand in hand with the government to censor information embarrassing to the regime, so what?" https://t.co/3n1AaGZckI — Paul Joseph … Read more

US GDP price index 9% new high

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US GDP price index 9% new high — Alessio (@AlessioTMAD) August 25, 2022 🇺🇸 *US 2Q ECONOMY SHRINKS AT 0.6% ANNUAL RATE; EST. -0.7%*US 2Q GDP PRICE INDEX RISES AT A 8.9% ANNUAL RATE; EST. 8.7% — Christophe Barraud🛢🐳 (@C_Barraud) August 25, 2022

Europe is totally f*cked: The current energy crisis could have a bigger impact on households than the 2008 financial crisis

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(Bloomberg) — More than half of UK households risk being pushed into energy poverty this winter by soaring bills that threaten suppliers with rising amounts of debt that simply can’t be repaid. The crisis could have a bigger impact on households than the 2008 financial crisis — Alessio (@AlessioTMAD) August 25, 2022 Rest in peace … Read more

India Cuts U.S. Crude Imports By 50% As It Buys Discounted Russian Crude

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By Alex Kimani New reports have emerged that during the second quarter, India slashed its crude imports from the United States by one million metric tonnes while sharply ramping up imports of discounted Russian oil. India’s energy mix now looks dramatically different from a year ago. Last year, Russian oil in India’s crude basket amounted to a … Read more

Europe’s Corn Yield Expected To PLUMMET

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by Mac Slavo of SHTFplan Europe’s corn yield is expected to drop by nearly a fifth due to a devastating drought. The bloc’s Monitoring Agricultural Resources forecasted that this upcoming harvest is not going to be a plentiful one. Besides the news of record high electricity prices, a troubling new crop failure report about a low corn yield … Read more

Tree of death: This is Poyang Lake, China’s largest freshwater lake. The lake is drying up and is currently below 25% of its normal surface area. It’s so hot that animals are dying by the thousands on farms

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2)…The drought is causing a hydroelectric power shortage in Sichuan. The CCP is conserving energy by restricting air conditioning, shutting down businesses, & cutting power to some areas. It is so hot without AC that these folks must cool off in a drainage culvert/storm sewer. pic.twitter.com/p20T6O5uOJ — Things China Doesn't Want You To Know (@TruthAbtChina) … Read more

This is depression era territory: In China, the unemployment rate for young people aged 16-24 climbs to an all time record high of 19.9%

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China’s economy is worse than we thought as it is crashing at an “alarming” rate. The People’s Bank of China (PBOC) was forced to cut policy rates to try to stop a slowdown that began back in March. China’s slump is threatening to take the rest of the world into a recession as evident by … Read more