On Wire

Breaking news, updates, and reports on current events.

The Fed Just Got Rid of Forward Guidance Because It’s Making It Up as It Goes

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by Ryan McMaken of Mises Institute The Federal Reserve’s Federal Open Market Committee announced Wednesday it is raising its key policy rate—the federal funds rate—by 75 basis points to 2.5 percent. According to the FOMC’s press release, the committee recognizes that economic activity is declining but that Consumer Price Index (CPI) inflation also “remains elevated”: Recent indicators of spending and production … Read more

Inflation is so high that Americans are cutting back on food spending. The nonprofit food bank is spending 40% more to purchase the same amount of supplies as last year.

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by BoatSurfer600 Inflation is so high that Americans are cutting back on food spending, per WSJ. — unusual_whales (@unusual_whales) July 31, 2022 The nonprofit food bank is spending 40% more to purchase the same amount of supplies as last year, in which they served 85 million meals Source: https://www.foxbusiness.com/economy/food-banks-face-inflation-struggles-surging-demand-never-seen-anything-like-this If CPI prints at 0% every single … Read more

Severe Economic Desperation Rises Rapidly All Over America As Nearly Half The Nation Cuts Back Spending On Food

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by Michael It is starting to look a lot like 2008.  Extremely long lines are forming at food banks all over the country, job losses and layoffs are starting to spike, countless small businesses are right on the brink of going under, a housing crash that could be even worse than what we witnessed in 2008 has begun, and large … Read more

Terms Like “Unipolar Order” and “American Hegemony” are Contrived and Sodomistic

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by Chris Black “Trans-Atlantic” globalists may use western nations as a base of operations for their fiat banking schemes, but that’s not out of some fidelity to Western peoples. Likewise, Pan-Eurasian globalists may use Eastern nations as a base of operations for their fiat banking schemes, but that’s not out of some fidelity to Eastern … Read more

Free Porn and Hard Drugs Keep the Cattle in Line

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by Chris Black The biggest changes to people’s lifestyles in the last 40 years has been the proliferation of engineered super-weed as well as the internet (especially social media and porn). I think these are major factors in the huge jumps in youth mental illness/homosexuality we are seeing. Scientists are finally starting to break through … Read more

HOUSING CRASH 2.0

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by Jim Quinn Have you seen or heard these facts from the MSM talking heads? They are building more houses and apartments today than any time in history. We have entered a recession and the Fed is raising interest rates. The feckless politicians and Wall Street whores aren’t warning anyone that this would be the … Read more

Welcome To The 4th Turning Crisis Stage

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Bob Moriarty on Palisades Gold Radio Tom welcomes Robert Moriarty back to the program. Bob discusses the capital destruction that has occurred within both the cryptocurrency and stock markets. He believes crypto is analogous to beanie babies because of the amount of different currencies. Interference in the markets is creating more problems than if the government and … Read more

An engineer who was fired by Google says its AI chatbot is ‘pretty racist’ and that AI ethics at Google are a ‘fig leaf’

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(Business Insider) Blake Lemoine, a former Google engineer, has ruffled feathers in the tech world in recent weeks for publicly saying that an AI bot he was testing at the company may have a soul. Lemoine told Insider in a previous interview that he’s not interested in convincing the public that the bot, known as … Read more

CHINA TELLS THE US—“DON’T SAY WE DIDN’T WARN YOU”

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by FeedYourHead China has issued the “Don’t say we didn’t warn you” only twice before in her history and each time the warning preceded the beginning of two MAJOR WARS! They have issued the warning again…..this time TO US! https://www.the-sun.com/news/5894591/warning-china-sends-before-war-heard/ CHINA’S chilling “war signal” has allegedly been heard in official circles as the country holds military drills … Read more

Who has seen this development?

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The Brits seem to be moving away from Chinese supply chain in anticipation of further escalation between US and China. This is not good. Who has seen this development? pic.twitter.com/79r9IFFzd3 — Menthor Q (@MenthorQpro) July 30, 2022

NYC hits depression status everything from spam to tooth paste locked up as people start selling stolen goods on street!

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At Duane Reade’s store in the Port Authority bus depot, the shelf-stable product — only $3.99 a can — is now being stocked in plastic, anti-theft cases. “I’ve never seen that before!” one cashier laughed while using a magnet to remove a can of Spam from its cage. The cashier was among the employees, tourists … Read more