Rand Paul exposes $1.6 trillion in government waste in annual Festivus report

This is what collapse looks like in spreadsheets. Not mistakes, not edge cases, just a machine vacuuming taxpayer money into pet projects, activists, consultants, and friends of the system while interest alone eats the country alive. There is fraud everywhere and nobody ever pays for it because the people writing the checks are never the …

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Video: Bondi Beach hero receives $1.6 million check.

A man credited with saving lives for wrestling a gun from one of the alleged attackers during a mass shooting at Australia’s Bondi Beach received a check for more than A$2.5 million ($1.65 million), a video released on Friday (December 19) showed, after tens of thousands of people contributed to a donation website. Ahmed al …

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With over $1.29 trillion in credit card balances, $1.6 trillion in auto loans, and $1.5 trillion in commercial real-estate debt now at risk, the U.S. is marching into a full-scale crisis.

America’s banking system is entering a dangerous new phase — and the warning signs can no longer be ignored. In today’s video, “The American Banking Crisis Just Got Worse (Defaults Are Rising),” we break down the shocking financial data that major media outlets continue to downplay. Credit card delinquencies, auto-loan defaults, commercial real-estate collapses, and …

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Mortgage Applications Decline -1.6% From Previous Week (30Y Mortgage Rates UP 137% Since Biden Was Elected President)

by confoundedinterest17 The mortgage market got its mind set on a recovery, but Biden’s mindless economic policies have jammed up the mortgage market. Example? Mortgage applications are down in a season where they typically increase. Mortgage applications decreased 1.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications …

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Youtube to eclipse Disney as biggest media company in world — Now valued at $550 billion. Google paid $1.6 billion for youtube in 2006.

As YouTube marks its 20th anniversary, the Google-owned video giant is the “new king of all media” — larger and more powerful than any other player in Hollywood — according to an influential Wall Street research firm. What’s more, it’s in a position to gobble up even more screen time and grow bigger. For the …

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ILLINOIS AUDIT: GOV PRITZKER SPENT $1.6 BILLION ON ILLEGAL IMMIGRANT HEALTHCARE—TRIPLE THE ESTIMATES

Republicans are demanding the program be shut down immediately. But what does Pritzker do? Defends it. No accountability, no remorse, just the same tired excuses. Meanwhile, taxpayers struggle, and Illinois inches closer to financial collapse. 🚨🇺🇸ILLINOIS AUDIT: GOV PRITZKER SPENT $1.6 BILLION ON ILLEGAL IMMIGRANT HEALTHCARE—TRIPLE THE ESTIMATES A state audit revealed Governor JB Pritzker …

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Nvidia insiders dumped $1.6 billion in stock—zero buys in the last year.

BREAKING: In the last year, Nvidia, $NVDA, insiders have only sold. They have sold up to $1,602,674,927.72 in stock. There have been zero buys. pic.twitter.com/W9wLfEAiu0 — unusual_whales (@unusual_whales) February 26, 2025 This morning, before hopping on the NJ Transit train, I grabbed a bagel from my usual stall at the station. The stall guy handed …

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“Michael Burry is now down 42% on his “$1.6 billion” S&P 500 and Nasdaq short if he is still holding it.” – Gurgavin noted.

Fifteen years after his famed bet against the mortgage market led to substantial gains, legendary investor Michael Burry has once again set his sights on a major financial maneuver. This time, he has taken a “big short” position against the stock market by purchasing an impressive 40,000 put options contracts tied to SPDR S&P 500 …

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