On Wire

Breaking news, updates, and reports on current events.

Todays SCOTUS ruling was the biggest gift to the DNC.

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by Travoltage They’re down in the polls, economy is going to sh*t, and now they’re exploiting women’s to get them to vote in the midterms because of a states rights issue. This was never about abortion. They didn’t make abortion illegal, they just ruled that the federal government cannot make it legal or illegal because … Read more

If Democrats think rioting over abortion is helping them politically, they are clueless

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Democrats just voted for nearly limitless abortion. That’s not what the American People want • 71% of Americans want significant limits on abortion.• 77% support legislation banning infanticide. • 80% of Americans believe that third trimester abortions should be illegal. — GOP (@GOP) May 11, 2022 https://twitter.com/thebias_news/status/1540419537287335936 https://www.foxnews.com/politics/biden-calls-congress-restore-roe-v-wade-protections-federal-law   AC

Laboratory Greece (2019) – Debt and economic colonization of Greece. Over 95% of the resources intended to “save” Greece ended up in the hands of national and international banks.

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Laboratory Greece: The Crisis That Changed Our Lives (2019), a documentary on the euro crisis in Greece. Italian director Jacopo Brogi confronts the fact that military, intelligence and US domination over the country’s United Kingdom after World War II continues today with economic arrangements such as the IMF and the European Central Bank. The documentary … Read more

RIP to the US dollar

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Russia and China are developing a new reserve currency with other BRICS countries, President Vladimir Putin said. The basket currency would rival a US-dominated IMF alternative and let Russia widen its influence, an analyst said. Russia is ready to develop a new global reserve currency alongside China and other BRICS nations, in a potential challenge to the dominance of the US dollar. … Read more

Germany says its energy crisis may trigger Lehman-like contagion as the country moves a step toward to natural-gas rationing

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Germany’s economy minister warns of a “market collapse” if natural-gas prices continue to soar. Germany has triggered the second stage of its three-stage emergency gas plan on supply fears. That’s after Russia —citing a techincal reason — slowed piped natural-gas supplies to Germany. Germany warned the country’s energy crisis may trigger a “Lehman effect” across … Read more

Largest China developer Country Garden downgraded to junk. Ratings firm cited declining sales and weaker funding access.

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by DJ_ODell Found this Global 500 rating from 10 months ago entertaining. Doesn’t say much for the global economy. https://www.prnewswire.com/news-releases/country-garden-rises-to-139th-on-2021-fortune-global-500-list-301347299.html FOSHAN, China, Aug. 3, 2021 /PRNewswire/ — The latest FORTUNE Global 500 list was released on August 2nd, with the number of Chinese companies in the list increased to 143, demonstrating the strong vitality of China’s economy. … Read more

THE NEW NARRATIVE: Inflation and Recession Aren’t So Bad, Ackshully.

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Recession? You’ll hardly even notice! Inflation? What a great chance to help a neighbor. You might think I’m kidding, but I caught two stories this morning showing just how comically desperate lefties have become, trying to defend the flailing Biden administration from its malicious economic mismanagement. If your memory is even just slightly better than … Read more

The collapse in consumer sentiment is definitive proof that social mood is rolling over. Hard. So far, the declines in stocks have been bought ALL the way down. Each rally has been shorter than the last.

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by SilverBoatSurfer About 15% of US renters aren’t caught up with their payments, according to Census Bureau data, and it’s about to get worse this summer as many leases come due and landlords boost prices https://t.co/H0DtY23hot — Bloomberg Markets (@markets) June 24, 2022 Consumer sentiment fell to its lowest point on record, reflecting that elevated … Read more

New York Gov. Kathy Hochul eyes special session to pass law that would make entire CITIES ‘sensitive locations’ like schools and stadiums

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New York Gov. Kathy Hochul eyes special session to pass law that would make entire CITIES ‘sensitive locations’ like schools and stadiums so she can keep concealed-carry rules DESPITE Supreme Court ruling Hochul, a Democrat, vowed to call the Democrat-led Legislature back for a special session to pass new rules New York City mayor Eric … Read more