NYC wants to house Illegals in jail…

New York City officials want to ease pressure on overcrowded homeless shelters by housing migrants in a federal jail that once held mobsters, terrorists and Wall Street swindlers before being shut down after Jeffrey Epstein’s suicide. The proposal, suggested in an …

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Current debt levels are dangerously high, with $17.1 trillion in household, $12.0 trillion in mortgage, $1.6 trillion in auto loans, and $1.0 trillion in credit card debt.

For the first time in history, the median monthly mortgage payment is nearing $3000/month. Mortgage rates are now at their highest since 2002. Inflation has made many basic necessities into unaffordable things. Follow us @KobeissiLetter for real time analysis as …

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How many of these fires were set on purpose to advance a political agenda?

https://twitter.com/BernieSpofforth/status/1693326860942180470 Arson isn’t climate change… it’s murder pic.twitter.com/lablUrtyaG — Pelham (@Resist_05) August 20, 2023 DEMOCRATIC GOV OF HAWAII SAYS CLIMATE CHANGED CAUSED HUMAN ERROR IN MAUI FIRESpic.twitter.com/UfBHRIPp57 — The_Real_Fly (@The_Real_Fly) August 20, 2023 Honest question… How many of these fires …

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200 ship traffic jam at the Panama Canal…

In what is being called the “world’s worst traffic jam,” some 200 cargo ships are waiting to pass at the Panama Canal as the area experienced its worst drought in 100 years. pic.twitter.com/SHh6wa8muF — Massimo (@Rainmaker1973) August 20, 2023

Hellzapoppin Under Bidenomics! Conforming 30-year Mortgage Rate UP 163.5% (Federal Debt UP 19% Or >$5 Trillion Under Biden While Unfunded Liabilities Are Now At $193 TRILLION)

by confoundedinterest17 Hellzapoppin under Bidenomics! And it isn’t a musical, but a tragedy. Between The Federal Reserve’s outrageous overreaction to Covid (printing like there was no tomorrow), and Biden’s massive spending spree (lots of moldy (green) spending, we have see horrid …

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Lowriding! US Personal Savings Lower Than Pre-Covid As Core Inflation Still Hurts At 4.70% YoY (Large Bank Loan Volumes Shrank Last Week As Deposit Outflows Re-Accelerated)

by confoundedinterest17 US personal savings are being exhausted as The Fed raises rates to fight inflation. I call this phenomenon “low riding” where consumers are being punished by The Federal Reserve and Biden Administration. Meanwhile, large bank loan volumes are shrinking. With money-market …

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