The Wreck Of The US Middle Class: America’s Paychecks Bigger Than 40 Years Ago, But Purchasing Power About The Same (Credit Card Delinquencies Highest Since 1991)

by confoundedinterest17 Under Bidenomics and Fed monetary “policies”, we now have the wreck of the US middle class. To begin with, America’s paychecks are bigger than 40 years ago, but purchasing power of those larger paychecks is about the sames as it was 40 years ago. Great job Washington DC!!! … NOT!!!! Meanwhile, credit card delinquencies …

READ MORE

Fixed-rate mortgages don’t prevent ownership costs from rising, leading to forced sales.

This is something most people miss. Just because someone has a fixed rate mortgage it doesn’t mean their cost of ownership can’t increase. And if other costs do increase it’s identical to having an adjustable rate mortgage. At some point the owner has to sell. pic.twitter.com/t292RSSmCk — George Gammon (@GeorgeGammon) June 11, 2024 Fixed Rate …

READ MORE

Mass shooting at Peachtree Center Mall injures multiple victims in downtown Atlanta.

Multiple people have been shot at The Hub at Peachtree Center in downtown Atlanta. The incident occurred in the 200 block of Peachtree Road NE. As of now, details are limited, and authorities are referring to this as an “open and active” scene. Atlanta Police are investigating, and we’ll continue to monitor updates on this developing story. 🚨#BREAKING: Numerous …

READ MORE

Global labor conditions worsen; media gaslighting Americans, overstating job market strength to stabilize markets.

In US BLS numbers for Q3 (published end April) should have been the wake-up call, but everyone still asleep at the wheel. 190k jobs destroyed over Q3 (600 k creations were expected from nfp surveys). Talking about hard data… — Manu (@SolalM) June 11, 2024 Global labor market slowdown is underway UK Claimant claims largest …

READ MORE

AfD politicians stabbed, Farage attacked, and riot police injured at anti-Le Pen rallies

AfD politicians stabbed. Farage attacked with cement. Riot police injured at anti-Le Pen rallies. But somehow we’re meant to believe the “far-right” is the biggest problem in Europe. pic.twitter.com/vzjLKYLii6 — Wolf 🐺 (@WorldByWolf) June 11, 2024 NIGEL FARAGE ATTACKED A far-left extremist attacked Nigel as he was out campaigning. This is the second attack within …

READ MORE

Planned Parenthood Sued for Trafficking Minors to Evade Missouri Abortion Laws, Hide Procedures.

BREAKING.🚨 Planned Parenthood is being SUED for trafficking minors out of the State of Missouri in order to evade abort*on laws. "Planned Parenthood’s most recent troubling activity was captured on video, where Planned Parenthood staff admitted they traffic minors across state… pic.twitter.com/omrorW0LcK — Kyle Becker (@kylenabecker) June 10, 2024 Missouri Attorney General Andrew Bailey has …

READ MORE

Société Générale: The US economy is teetering on the edge of a recession, flashing multiple warning signs within the past week.

The US economy is edging precariously close to a recession, and it's flashed a handful of warning signs in just the last week that suggest a downturn is on the horizon, according to Société Générale + BI. — unusual_whales (@unusual_whales) June 11, 2024 This is crazy. They are calling 2024 “Restaurant Armageddon” as the consumer …

READ MORE

Nancy Pelosi J6 video emerges (after 3 years) as she is being evacuated from Capitol. Pelosi admits she was responsible for security.

She knew this and didn't say anything during the months of J6 hearings that tore the country apart. She knowingly let the lynching and propaganda continue. Also clear election interference. Now would be a good time for Republicans on the House Justice committee to subpoena… — Ms. Jazz (@Linda82982011) June 11, 2024 Democrats and the …

READ MORE

Farmer issues warning on water cut of for idaho

‼️Share Share Share‼️ pic.twitter.com/3TJEHUE1qZ — Truthseeker (@Xx17965797N) June 10, 2024 Idaho farmers are indeed sounding the alarm about the dire consequences of a state government order to shut off their water supply. They warn that this action could lead to the failure of farms and banks across the nation, sparking concerns about food security and economic …

READ MORE

Elon Musk threatening The CEO of Apple Tim Cook … “I will ban Apple”

Elon Musk recently expressed concern about Apple’s integration of OpenAI technology into its iPhones and iPads. He claimed that this move was an “unacceptable security violation” and threatened to ban Apple devices from his companies, including Tesla, SpaceX, and X. Elon Musk threatening The CEO of Apple Tim Cook “I will ban Apple” 😂 pic.twitter.com/bsRug14Mha — …

READ MORE

Hospitals now require upfront payments for surgeries

Some hospitals and surgery centers are now requiring patients to pay upfront for surgeries. According to a recent report by the Wall Street Journal, this practice has become more common, with facilities refusing to perform surgery until they receive full payment. While this approach may allow patients to know the cost ahead of time and …

READ MORE

California on verge of collapse. Everyone is leaving.

California’s housing market and economy is on the verge of collapse in 2024. With a huge surge in the number of people leasing the state and a rise in unemployment as a sign of things to come. California restaurants have cut 10,000 jobs. California thieves are stealing fire hydrants.

US Supreme Court allows 40 states to issue their own gold and silver-backed currencies, endorsing dual banking systems.

So apparently the US Supreme Court has just given 40 US states the green light to begin issuing their own gold and silver-backed currencies. Quote from the SC decision: “The United States maintains a dual system of banking, made up of parallel federal and state banking systems. That dual system allows privately owned banks to …

READ MORE

Ukraine is a ‘gold mine’ – US senator Lindsey Graham Reveals

US Senator Lindsey Graham has made statements regarding Ukraine’s potential as a “gold mine.” During an interview on CBS’s “Face the Nation,” Graham accused Russian President Vladimir Putin of being a “megalomaniac” who aims to “re-create the Russian Empire by force of arms,” starting with Ukraine. He further claimed that if Moscow wins the current …

READ MORE

San Francisco opens a 5.5 million dollar COSTCO like supermarket, where the poor can shop, eat and leave WITHOUT PAYING

San Francisco opened its first $5.5 million free food “market”, where approved residents can show a benefits eligibility card, put what they want in their carts, check out to keep track of outgoing inventory, and leave without paying. The Bayview-Hunters Point facility aims to be a food pantry alternative that replicates the supermarket experience in …

READ MORE

18,000 Cows Killed in Texas Dairy Farm Explosion

Do you believe in coincidences? pic.twitter.com/ZMowIqgsDH — MAVERICK X (@MAVERIC68078049) June 9, 2024 2 million pounds of nuts lost in Northern California storage facility fire. https://t.co/DI2hCZzaQT — AmericanWoman_USA (@AmericanwomanU1) June 6, 2024 The tragic incident involving the South Fork Dairy Farm in Dimmitt, Texas resulted in the loss of approximately 18,000 cows. The explosion occurred on April 10, 2023, and …

READ MORE

Russia Officially Declares for the First Time Ever, that America is its Enemy

Russia officially declares the United States an "enemy" for the first time ever. pic.twitter.com/T9LXt50RhY — SAY CHEESE! 👄🧀 (@SaycheeseDGTL) June 8, 2024 According to recent reports, the Kremlin has officially labeled the United States as an “enemy” for the first time. Dmitry Peskov, Russian President Vladimir Putin’s press secretary, made this statement during a press …

READ MORE

Turkey prepares for changes with m-bridge testing and shifts to yuan for oil trade, bypassing dollar dependence.

Project mBridge and CBDCs: Project mBridge is a multilateral initiative involving central banks and commercial banks. It aims to explore a multi-central bank digital currency (CBDC) platform built on distributed ledger technology (DLT) for instant cross-border payments and settlement1. The project involves collaboration between the BIS Innovation Hub, the Bank of Thailand, the Central Bank of …

READ MORE

US commercial real estate faces a crisis: 19% office vacancy rate hits record highs, $1.7 trillion of debt maturing soon. 2/3 of all CRE loans held by small banks

The landscape of US commercial real estate (CRE) is facing unprecedented challenges, with prices plummeting 21% from their 2022 peaks. The latest figures reveal a staggering milestone: the US office vacancy rate has surged to a historic high of 19%, eclipsing levels observed during the financial crises of 2008 and 2020. To put it starkly, …

READ MORE

Australia to Limit Egg Purchases Starting Today

BREAKING:Australian Supermarkets to limit egg purchases from tomorrow. Bread rationing next under Communist Labour. Just a Conspiracy Theory of course. — The White Rabbit Podcast 🐇 (@AllBiteNoBark88) June 9, 2024 Starting today, Coles supermarkets in Australia will implement a temporary purchase limit on eggs due to shortages linked to bird flu outbreaks. Customers will be …

READ MORE

Canadian homeowners face a “mortgage cliff,” with skyrocketing rates risking financial stability and delinquencies.

Canadian banks are indeed bracing for a “mortgage renewal cliff.” As mortgage renewals approach for over three-quarters of homeowners, Canada’s Big Six banks are adding billions of dollars to their emergency funds. The spike in mortgage payments that many homeowners will face during renewal is known as the “mortgage cliff.” Mortgage rates are significantly higher …

READ MORE

Major Conservative, Anti-War Success in EU Elections as Macron Dissolves Parliament, Calls Snap Election

Marine Le Pen’s National Party has soundly defeated French President Emmanuel Macron’s party in the French EU Elections. 🚨Breaking News: Marine Le Pen’s National Party has soundly defeated French President Emmanuel Macron’s party in the French EU Elections. Le Pen’s party won 34% of the vote while Macro’s party received just 15% pic.twitter.com/UVWfYDTx35 — The …

READ MORE

SoCal: Thousands of Cheering Supporters Line the Streets in Newport Beach to Catch a Glimpse of President Trump (VIDEO)

Thousands of supporters lined the streets in Newport Beach, California to catch a glimpse of President Trump’s motorcade. Newport Beach is a wealthy coastal enclave in Orange County – and it’s Trump Country all the way! President Trump on Saturday is attending a fundraiser in Newport Beach hosted by John Word, a health insurance executive. …

READ MORE

Arizona Governor Katie Hobbs Accused of “Alleged” Pay-to-Play Scheme [VIDEO]

The accusation against Arizona Governor Katie Hobbs involves an alleged “pay-to-play” scheme related to a group home operator for foster kids. The Arizona Attorney General’s Office is investigating the ties between Governor Hobbs and Sunshine Residential Homes, Incorporated, which runs group homes for foster kids1. Reports suggest that Sunshine Residential Homes made significant donations to Governor …

READ MORE