On Wire

Breaking news, updates, and reports on current events.

NJ Democrat Gov. Phil Murphy Signs ‘Gun Safety Package 3.0,’ Requiring Database of All Ammo Sold in State

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New Jersey Gov. Phil Murphy (D) signed “Gun Safety Package 3.0” Tuesday, creating a database of all ammo sold in the state and putting six other new gun controls in place. NJ.com notes that the legislation also bans .50 caliber rifles, requires “micro-stamping technology” on certain new firearms, and “[makes] it easier to sue gun … Read more

Video Released by Alleged Illinois Mass Shooter.

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by Chris Black A legit crazy/autistic retard who thinks he is a Batman villain. You can download the alleged shooter’s videos here if this interests you. It’s mostly schizophrenic nonsense. https://robert-crimo-archive-footage-files.blogspot.com/2022/05/robert-crimo-archive-footage-files.html?m=1 Suspect in mass shooting looks like the type of freak who posts on the new denazified Bircher 4chan. Mostly a collection of libertarian conspiratards, … Read more

Housing Bubble Getting Ready to Pop: Pending Sales Plunge in June, Inventory Jumps, Price Reductions Spike amid Holy-Moly Mortgage Rates

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by Boo_Randy Anyone stupid enough to have bought into the Fed’s insane Housing Bubble 2.0 over the past two years is going to get their head handed to them when it all comes crashing down. Got popcorn? https://wolfstreet.com/2022/07/01/housing-bubble-getting-ready-to-pop-pending-sales-plunge-in-june-homes-listed-for-sale-jump-price-reductions-spike-amid-holy-moly-mortgage-rates/ Pent-up supply suddenly shows up – those vacant homes that no one was counting as vacant. For … Read more

Lunatic RBA steers Australia toward recession with 0.5% rate hike

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by Boo_Randy Central bank engineered boom/bust cycles are the most efficacious means to transfer the wealth and property of the soon-to-be-extinct middle class to the central bankers’ oligarch accomplices. Looks like the RBA just broke it off in the asses of the housing speculators – setting the stage for “private equity” vulture funds to hoover … Read more

Sri Lanka promises to stop printing money soon as inflation hits 60%

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by Boo_Randy Watch & learn, Jerome Powell, Yellen the Felon, & Brandon. https://www.independent.co.uk/asia/south-asia/sri-lanka-inflation-rate-money-printing-b2115862.html Sri Lanka, which is facing one of the worst economic crises in years with depleting foreign reserves, recorded the highest inflation in Asia amid plans to stop printing local currency to pay salaries. Prime Minister Ranil Wickremesinghe said on Tuesday that the inflationrate is expected … Read more

A Massive Police Database of Allegedly 1 Billion Chinese Citizens Is Being Sold Online

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by Boo_Randy If you want to see the “fundamental transformation” the globalists and their Democrat-Bolshevik Quislings have in mind for America, just look at the creepy Orwellian surveillance & control measures the DNC’s ideological mentors in the CCP have implemented in China. https://www.vice.com/en/article/y3pgyw/china-leak-1-billion-shanghai-police The sample files contain a trove of crime reports, including cases of … Read more

Joe Biden faces a Jimmy Carter moment on inflation, and Carter-era officials warn of political doom as the White House has few tools to tame rising prices.

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Veterans of Carter's inflation wars say that the "excessive" American Rescue Plan surely fueled inflation and that Biden must abandon his Build Back Better spending ambitions and focus on deficit reduction. pic.twitter.com/JbjKDKHLVe — Alan Rappeport (@arappeport) July 5, 2022

This is a major breakout for the greenback as a result of this continued global flight to safety trade.

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The US dollar index at *106.04*, a 19-year high! The Euro is nearing parity, sinking down 1.26% to 1.035. This is a major breakout for the greenback as a result of this continued global flight to safety trade. pic.twitter.com/8PH7wOfMEm — Markets & Mayhem (@Mayhem4Markets) July 5, 2022 … leaving would-be #leverageloan borrowers in the lurch: … Read more

Deflation to Trigger Fed’s 180

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by David Brady via Sprott Money While everyone is focused on inflation, it is becoming increasingly clear that we’re on the cusp of deflation in everything but necessities such as food and energy. It is also convenient for the Fed that they exclude the most important factors for consumers in their analysis of inflation and its influence on … Read more

Payment For Order Flow & The SEC’s Plan To End It

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By Lance Roberts “Payment For Order Flow” remains a contention between retail investors and Wall Street. On the one hand, it creates the ability to have “free trading” for retail investors. However, it also creates an opportunity for Wall Street to “front-run” individuals for profit. In financial markets, “Payment For Order Flow,” or “PFOF,” refers to a broker’s compensation from third parties to influence how the … Read more

Supermarkets put security tags on ‘high value’ items cheese, meat and BABY MILK as cost-of-living crisis drives thefts…

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Now Lurpak nears a TENNER a pack: 1kg tub is spotted on sale in Iceland for eye-watering £9.30 while supermarkets put security tags on ‘high value’ items cheese, meat and BABY MILK as cost-of-living crisis drives thefts Photos posted to social media showed £3.99 blocks of cheddar on shelves in Aldi with electronic tags fitted … Read more