On Wire

Breaking news, updates, and reports on current events.

New Yorkers are living in a “state of fear” as gangs have been “terrorizing their apartment building.”

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New Yorkers are living in a “state of fear” as gangs have been “terrorizing their apartment building.” “They came at us, they beat us. We don’t have nobody.” pic.twitter.com/ckF1EwXwwm — RNC Research (@RNCResearch) August 22, 2022 NYC IS BACK https://t.co/VHheI5hJaB — The_Real_Fly (@The_Real_Fly) August 23, 2022

US New Home Sales Crash And Burn In July, Down -32.26% YoY (-12.65% MoM) While Average Price Rises +19.57% From June

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by confoundedinterest17 Well, new home sales aren’t coming to the rescue for affordable housing. July’s New Home Sales crashed and burned. At -32.26% YoY. This is happening as M2 Money growth has declined. For the month of July, new home sales were down a staggering -`12.65%. However, the average price of new homes rose 19.57% from … Read more

In a couple of months, the stock market will crash and as a result the economy will crater and fall into severe recession..

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https://twitter.com/MFHoz/status/1561777023579717632 Record Number Of Americans Are "Suffering" Economically, Surpassing 2008 Crisis Levels; Gallup Poll Finds — Don Johnson (@DonMiami3) August 23, 2022 The Fed trying to bring down inflation pic.twitter.com/wPe8YMzgnm — Not Jerome Powell (@alifarhat79) August 22, 2022 Meanwhile everyone is focused on the pivot narrative, interest rates on credit cards/short term loans are climbing … Read more

United Nations on Population Replacement

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View post on imgur.com Conclusion: … In contrast to the migration streams needed to offset total or working-age population decline, the levels of migration that would be needed to prevent the countries from ageing are of substantially larger magnitudes. By 2050, these larger migration flows would result in populations where the proportion of post-1995 migrants and … Read more

Woman destroys the pronoun fad. Who owns language?

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Who owns language? She makes a bold argument. Camille Paglia https://en.wikipedia.org/wiki/Camille_Paglia “Camille Anna Paglia (born April 2, 1947) is an American feminist academic and social critic. Paglia has been a professor at the University of the Arts in Philadelphia, Pennsylvania, since 1984. She is critical of many aspects of modern culture and is the author … Read more

US 30yr Mortgage Rate Rises To Near 6% Housing Affordability WORST Since 2006 Housing Bubble (Yield Curve Remains Inverted)

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by confoundedinterest17 Baby, let me take you home is getting more difficult as mortgage rates approach 6%. The National Association of Realtors’ Homebuyer Affordability Index for fixed-rate mortgages is now at the lowest reading since 2006 and the peak of the 2005-2007 housing bubble that burst catastrophically. The reason? The Federal Reserve, in their attempt to put … Read more

Will the US Dollar Weaken against Other Currencies?

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by Frank Shostak via Mises In the July 26 Financial Times article entitled “Is the Dollar about to Take a Turn?,” Barry Eichengreen writes that the US dollar has had a spectacular run, having risen more than 10 percent against other major currencies since the start of the year. According to Eichengreen, the key reason behind the spectacular strengthening in … Read more

World Economic Forum Suggests There Are “Solid, Rational” Reasons For Children to Be Microchipped

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Not doing their Bond villain reputation status any favors, the World Economic Forum published an article suggesting it would be a “solid, rational” move for children to be implanted with microchips. Yes, really. The idea is promoted in a blog post on the Davos elite’s website which discusses the future of augmented reality and an … Read more

Fed’s dilemma: Debt/GDP is 3x higher than in the 1970s, interest rates must go up to avoid hyper inflation but with government revenue of only $4 trillion and debt of $30 trillion, it would only take an interest rate of 13% for interest expenses to equal ALL government revenue…

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by silvertomars Many warning lights are now flashing red for the US housing market… US Natural Gas Spikes 81% in 7 Weeks, Hits New 14-Year High Mish Shedlock: The Average US Household Pays 47 Percent More for Electricity Than a Year Ago

ALL THE INSTITUTIONS HAVE BEEN CORRUPTED…

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by Glenn Reynolds WSJ: The Trump Warrant Had No Legal Basis: A former president’s rights under the Presidential Records Act trump the statutes the FBI cited to justify the Mar-a-Lago raid. The warrant authorized the FBI to seize “all physical documents and records constituting evidence, contraband, fruits of crime, or other items illegally possessed in violation of … Read more

Ford Confirms Layoffs, Says It Is Cutting About 3,000 Jobs

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Ford Motor Co. F -5.01%▼ confirmed Monday it is laying off roughly 3,000 white-collar and contract employees, marking the latest in its efforts to slash costs as it makes a longer-range transition to electric vehicles. Ford sent an internal email Monday to employees, saying it would begin notifying affected salaried and agency workers this week … Read more

FACT CHECK: Did China give Ivanka Trump $250,000,000 in trademarks while her father was in office? The simple answer is NO. It is complete fake news.

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by ReviewEquivalent1266 Over the past decade, Ivanka Trump has sought to protect more than 70 trademarks she owns through a company called Ivanka Trump Marks LLC. The marks primarily consist of her name “Ivanka Trump”, “Ivanka”, and “IT” for various clothing and household items. She did file a few non-Ivanka Trump marks including Gilded Cage, Lao Tong, … Read more

UNEXPECTEDLY: Biden takes two-week break as vacation time outstrips Trump, Obama, Bush.

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via NYPOST: Call him the “Out of Towner.”​ President Biden will wrap up a two-week vacation at his beach house in Rehoboth Beach, Del., Wednesday as one unofficial count indicates he has spent more time away from the White House than his three immediate predecessors at the same point in their terms. The president and his … Read more