On Wire

Breaking news, updates, and reports on current events.

Inflation + Weaponized IRS = Off-Grid Investing Boom

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by: Clint Siegner The Orwellian-named Inflation Reduction Act passed both houses of Congress and is now on its way to the White House for Joe Biden’s signature. The politicians responsible for multi-trillion-dollar federal deficits and a Federal Reserve which is completely out of control plan to “reduce” inflation by spending another $700 billion they don’t … Read more

FBI Erects Barricades Around Headquarters Building in DC

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The crooks running the FBI are either scared that they have gone too far or are trying to build another BS narrative that President Trump and the bulk of America that support him are violent radicals. American Military News reports: Authorities erected barricades around the Federal Bureau of Investigation (FBI) headquarters office in Washington, D.C. … Read more

US Army creates tactical Bra

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Four prototypes of the bra, known as the Army Tactical Brassiere (ATB), are in development at the U.S. Army Combat Capabilities Development Command Soldier Center in Natick, Mass., and final concepts will be presented to the Army Uniform Board for approval in the fall. The designs all offer flame-retardant protection and vary in other features, … Read more

14 FBI whistleblowers come out after Trump raid exposing all they have done

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https://twitter.com/_Roughneck_Rob_/status/1559027962871046146 Rep. Jim Jordan (R-OH) exposed in a Fox News interview on Sunday Night in America with Trey Gowdy that 14 FBI whistleblowers are speaking out against systemic corruption in their department after the unlawful raid on President Donald Trump’s Florida home. “14 FBI agents have come to our office as whistleblowers, and they are good people. … Read more

Supersized IRS Will Shrink Liberty

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by Ron Paul West Virginia Senator Joe Manchin recently claimed the 15 percent corporate minimum tax contained in the Inflation Reduction Act, which should be called the Inflation Creation Act, is not a tax increase. Instead, he claimed, the bill simply closes a loophole that allows corporations to avoid paying all the taxes they owe. Despite … Read more

JPMorgan chief Jamie Dimon says China has ‘serious issues’ – and lays out what the US needs to do to push back against Beijing

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(Business Insider) JPMorgan chief executive Jamie Dimon has said China faces “serious issues” regarding its energy and food usage – and urged the US to take more of a stand against Beijing. Dimon pointed out China is far more reliant on imports than the US in a call to wealthy clients last week that was … Read more

This is a Bear Market Rally… Nothing More Pt 2

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by The Phoenix On Friday I outlined the technical setup for the stock market’s current bear market rally. By quick way of review… The price action in 2022 had been extremely bearish with 12 out of the previous 15 weeks closing down as of mid-June. The S&P 500 was extremely extended below its 50-day moving average (DMA)… hitting … Read more

The US Housing affordability index is the lowest since 1989 (then we had average 10.3% mortgage rates). Never before have corporate investors had a larger share in the housing market in terms of purchases. BUT they are now stepping back…

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by silvertomars Housing today is less affordable than at the housing bubble peak of 2006… either interest rates will have to come down a lot or real estate prices will have to come down substantially… “Builder confidence fell for the eighth straight month in August as elevated interest rates, ongoing supply chain problems and high home … Read more

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Argentina Raises Interest Rate to 69.5%! Socialism ALWAYS ends like this

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The majority of the nation is unemployed, and the currency is basically worthless. The people can no longer rely on the socialistic promises as the government is unable to fund its programs. Basic necessities are no longer available, and the people are suffering. After inflation reached 60%, the nation decided to stop printing money entirely. … Read more

Welcome to the World of Bankster Magic Where We Shall Have “Weather Followed by More of the Same Unless it Changes.”

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by David Haggith At the start of the year he said we were entering the “strongest economy” he had ever seen. Then he said he saw storm clouds. Then he said his storm-cloud forecast might have been underestimating the calamity coming upon us because we were likely facing an economic “hurricane.” Now we’re back to “storm … Read more