‘Bad Idea’: Biden DOJ Set to Launch Nationwide ‘Red Flag’ Initiative

The Biden Justice Department announced the creation of a National Extreme Risk Protection Order Resource Center to help implement red flag laws in nearly two dozen states. Red flag laws allow courts to temporarily confiscate firearms from individuals deemed a danger, without due process, which critics argue violates Second Amendment rights.   https://www.msn.com/en-us/news/politics/bad-idea-biden-doj-set-to-launch-nationwide-red-flag-initiative/ss-BB1kTSYE

Dementia in Chief Calls Chinese People “Bad Folks” Who Do “Bad Things,” Threatens to Hurt Them

by Chris Black We are reaching levels of retarded foreign policy that make me think Idiocracy was a documentary from the future. https://twitter.com/thonwingp/status/1689848652301570049 Biden on China’s economy: “They’ve got some problems. That’s not good, because when bad folks have problems, they do bad things”. So China is now “bad folks”? Don’t people realize just how …

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Biden’s Mortgage Market! Mortgage Demand Falls 1.8 Since Last Week, Purchase Mortgage Demand Down -49% Since April 2021, Refi Mortgage Demand Down -87% As Mortgage Rates Up 115% (Hurts So Bad?)

by confoundedinterest17 Biden loves to brag about Bidenomics, or should I say selective stats like the labor market. But the mortgage market hurts so bad. Mortgage applications decreased 1.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 21, 2023. The Market …

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“Big Short” Trader Danny Moses Reveals Short Position on GameStop Stock The famed trader called Ryan Cohen a “bad trader” and pointed out the reasons for his bearish thesis on GameStop.

by Dismal-Jellyfish Source: https://twitter.com/CNBCFastMoney/status/1681423000405692416 https://www.thestreet.com/memestocks/gme/big-short-trader-danny-moses-reveals-short-position-on-gamestop-stock TLDRS: Danny Moses, recognized for his part in “The Big Short,” disclosed that he holds put options on GameStop. He expressed concerns about GameStop’s financial health, emphasizing its declining cash reserves and anticipated annual losses, while also challenging its $7 billion market valuation. Hints RC is a ‘bad trader’ for …

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