On Wire

Breaking news, updates, and reports on current events.

Pam & Russ Martens: Credit unions and banking groups warn of “devastating consequences” of a US central bank digital currency

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by Pam Martens and Russ Martens on Wall St. on Parade: Credit union and banking trade groups have released a joint letter to the chair and ranking member of the House Financial Services Committee, warning of “devastating consequences” if the Federal Reserve moves forward with a Central Bank Digital Currency (CBDC). The letter was sent on … Read more

John Rubino: Let them eat gasoline!

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Dollar Collapse – Twitter, Released on 6/8/22 Shocking and reVOLTING: Let them eat gasoline. (She doesn't need it, so no one does. One wonders, though, if her half brain cell has asked where the already overburdened electrical grid is going to get this MASSIVE amount of new required electricity. https://t.co/hbVcdhkRql — DollarCollapse.com (@DollarCollapse) June 8, … Read more

El-Erian: Fed has learned nothing about their inflation mistakes

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CNBC, Released on 6/8/22 Mohamed El-Erian, Allianz and Gramercy advisor and president of Queen’s College, joins CNBC’s ‘Squawk Box’ to discuss markets and inflation ahead of the open on Wednesday. Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, … Read more

Blake Masters on the Root of America’s Gun Violence Problem: “Black People, Frankly”

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by Chris Black Well, someone finally said it. This guy is going places: Adding up: Trump-endorsed Senate candidate Blake Masters blames gun violence on "Black people, frankly," calls Justice Ketanji Brown Jackson "a horrible pick," echoes the "great replacement theory," feeds into "black gangs" narrative, etc. #WhiteSupremacyhttps://t.co/AJZbgE1ksv — LibertyBansTrumpism 🌊 (@YesWeCan4Us) June 8, 2022 There … Read more

If reports are true, it wouldn’t be the first time Paul Pelosi has gotten a DUI charge dismissed in Napa County.

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by squaremild Rules for thee! Drinks for me!!! Now go put your mask on, plebe! Rumormill says the person Pelosi hit is looking to sue. Rumor also has it that Paul’s DUI has been dismissed. Napa claims they have no booking photos nor does CHP have dashcam/bodycam footage from the interaction. Guess it’s good to … Read more

Fortune Magazine: “The Economy is shitty because your attitude is shitty.” (Zero mention of fuel or food costs skyrocketing)

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by squaremild Gas prices may be hitting record highs but it’s not stopping Fortune Magazine from gaslighting America. These people are out of touch with reality. https://fortune.com/2022/06/04/what-causes-a-recession-consumer-confidence-sentiment-inflation/ “Peter Atwater, an adjunct professor of economics at William & Mary, told Fortune that if consumer sentiment continues to fall, it could cause Americans to pull back on … Read more

YouTuber 3D Prints “World’s First” Rocket Launcher And Fires At Target

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3D printing has revolutionized gun-making and has come a long way since the single-shot “The Liberator” pistol was available for download in 2013. Now entire semiautomatic pistol carbines can be entirely printed at home, and weapon-making appears to have graduated to rocket launchers. Youtuber “Ordnance Lab” (also known as Ordnance Lab LLC and holds a … Read more

Insiders Let It Slip: “A Paradigm Shift Has Begun”

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Global markets are in the beginning of a fundamental shift after a 15-year period defined by low interest rates and cheap corporate debt, according to Morgan Stanley co-President Ted Pick. The transition from the economic conditions that followed the 2008 financial crisis and whatever comes next will take “12, 18, 24 months” to unfold, he said … Read more