Independent thinking for complex markets and current events
by confoundedinterest17 Thank God President Auto Pen is out of office! Inflation? Lower real wage growth? Excessive personal loan growth?? All resulting in historic subprime auto loan delinquency rate of 6.6%. Auto Loan 60+ Day Delinquency Index
by confoundedinterest17 Inflation soared under Biden/Harris, primarily due to their outrageous wasteful government spending. US government spening soared with Covid and politicians enjoyed the unbridled spending. Let’s see if Trump and Republicans can do any better.
by confoundedinterest17 CMBS delinquencies are on the rise. The delinquency rate for commercial mortgage-backed securities (CMBS) tied to office properties reached 10.4 percent in November 2024, approaching the 10.7 percent peak reached during the 2008 financial crisis. The ascent is the fastest two-year increase on record, with rates climbing 8.8 percentage points since late 2022, …
by confoundedinterest17 Like a Great White Shark, Bitcoin has breached $100k! Gold, a competitor to the US Dollar, is down a bit today, but has been rising with the prospect of Trump deregulating the hamstrung US economy. Gold rose under Biden/Harris (and McConnel/Schumer’s) gross fiscal mismanagemment. Here is a picture of Bitcoin breaching the surface. …
The federal government has spent over $2 billion dollars over the last three years infusing and embedding diversity, equity and inclusion concepts into scientific research – tainting the efforts with ideology and diminishing discoveries — according to the recently published findings of a report commissioned by a Senate subcommittee. The National Science Foundation has awarded …
Biden-Harris Admin Races To Dish Out $25 Billion for Green Energy Before Trump Takes Office, Sparking Fraud Fears Frantic pace ‘only increases the risk for Solyndra style waste and abuse,’ House Energy chair warns President Joe Biden speaks on Earth Day (Andrew Harnik/Getty Images) Thomas Catenacci November 22, 2024 The Biden administration is in a …
by confoundedinterest17 Fortunately, the Biden/Harris administration is winding down. On the mortgage side, the mortgage market is already gone under Biden/Harris where mortgage purchase applications are down a whopping 60%. Mortgage applications increased 1.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November …
(Breitbart) House Speaker Mike Johnson on Tuesday ordered the entire administration of President Joe Biden to preserve all records and communications in the waning days of the outgoing Democrat administration as former President Donald Trump’s team prepares to take over. Johnson, Breitbart News has learned exclusively, has sent letters to all 18 federal Departments ordering …
Wisconsin Sheriff Testifies that under the Biden/Harris admin Americans would be paying for this illegal migrant they arrested for the next 18 1/2 years His crimes – Possession with intent to deliver more than 50 grams of meth – Possession with intent to deliver marijuana – 200 grams to a 1000 grams – Maintaining a …
Case in point is the $15 billion giveaway that Biden-Harris snuck through this summer without a single hearing, vote, or advance notice, in an attempt to buy seniors’ votes. Followed up by a campaign email to these same seniors on behalf of Kamala Harris, also paid for by taxpayers. Is any of this legal? Who …
by confoundedinterest17 I just watched Dennis Quaid in “Reagan”. Excellent film. But it reminded me of how Reagan sank the Soviet Union: by outspending the Soviet Union on the arms race. It worked! The Soviet Union, hamstrung by grossly inefficent central planning, couldn’t keep up and collapsed under President George H.W.Bush. Fast forward to today. …
“Of the many falsehoods, obfuscations, and pivots by Kamala last night, her claim that transgender surgeries at federal prisons started during the Trump administration if a full blown lie” 2/ But Biden-Harris Administration granted request–not because court ordered it but through voluntary settlement with ACLU. Here's settlement agreement. https://t.co/RKEoeziLFg — Margot Cleveland (@ProfMJCleveland) October 17, …
by confoundedinterest17 I would like to see Kamala Harris explain why mortgage purchase applications are down -60% under Biden/Harris Presidency. Other than a word salad answer. Or Cottage Cheese. Mortgage applications decreased 17.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending October 11, …
by confoundedinterest17 Biden/Harris will be remembered for many things, mostly BAD. Uncontrolled immigration, crime out of control, endless wars, grossly incompetent government administrators, 200k+ missing immigrant children, etc. But wreckless inflation coming from insane government spending takes the cake. And it is heating up again, with the help of The Feral Reserve. Yes, The FERAL …
by confoundedinterest17 Communications breakdown! As Harris wordsalads her vision of the economy saying small businesses are the backbone of the US economy, but small businesses aren’t feeling it. Small business optimism remains below 100 at 91.5. Perhaps the themesong of Harris/Walz should be “economy breaker.” Or former San Francisco Mayor Willie Brown’s livin’, lovin’ maid.
This image embodies the Biden/Harris administration in all its abject failure. A sleeping sand slug and a cackling drunk. All while America sinks into the abyss. pic.twitter.com/34uX30Iv21 — James Woods (@RealJamesWoods) September 30, 2024 h/t Coastie Patriot
Biden-Harris’ FCC Nuked 20,000 Starlink Terminals For North Carolina That Could’ve Saved Lives Hurricane Helene shows how fragile modern society is when a monster storm invades the Appalachian region. Yet, Elon Musk’s space internet company could’ve supplied residents with Starlink terminals over the years through a rural federal program. However, the Biden administration’s weaponization of …
Author and cultural critic Fran Lebowitz added voice to the unhinged calls on the left for trashing the Supreme Court. As I discussed recently in the Wall Street Journal (and in my book), there is a growing counter-constitutional movement in the United States led by law professors, pundits, and celebrities. Lebowitz amplified those calls in …
There will be no more federal aid for the victims of Hurricane Helene, Joe Biden has said. Standing on the tarmac as he prepared to board Air Force One, the President spoke to reporters and said the federal government has done everything it can to help. After giving a largely incoherent response when asked if …
via David Stockman There is only one way to rescue America’s faltering economy and that’s the wholesale abandonment of Washington’s reckless spending, borrowing and printing policies of the last quarter century. These policies did not remotely attain their ostensible goals of more growth, more jobs and more purchasing power in worker pay envelopes. What they …
FIRST ON FOX: Dozens of Republican lawmakers in the House and Senate are slamming the Biden-Harris administration’s handling of the hundreds of thousands of unaccompanied migrant children who have come into the U.S. since 2021 – alleging a “cover-up” of information and how policies have led to potential exploitation. Sen. Chuck Grassley, R-Iowa, led lawmakers …
by confoundedinterest17 The US has fallen into a Ring of Fire under Biden/Harris horrid economic policiies. But Biden/Harris had help from their deep state partner, The Federal Reserve. The purchasung power of the US dollar has fallen by a whopping -20% under Biden/Harris. No wonder Harris is afraid to talk to reporters about her plans. The children in …
BREAKING: The SEC will sanction Elon Musk in its Twitter acquisition probe Biden right after Elon bought Twitter: "There's a lot of ways [to get him]" pic.twitter.com/HrHH9mwNP6 — End Wokeness (@EndWokeness) September 20, 2024 The U.S. Securities and Exchange Commission said on Friday it intends to seek sanctions against Elon Musk after he failed to …
Just 2 days after a Biden/Harris supporter tried kiIIing President Trump, KJP is calling Trump a threat to Democracy. This is intentional.pic.twitter.com/Ia1SLVGbEu — Libs of TikTok (@libsoftiktok) September 17, 2024 Have you seen this guy break down the shooters social media? Very interesting…https://t.co/vWlfbd1QU9 — floridanow1 (@floridanow1) September 16, 2024 HOLY SH!T MSNBC blames the 2nd …
FLASHBACK: New poll shows Pennsylvania voters overwhelmingly reject Biden LNG pause. A [March 4, 2024] statewide Pennsylvania poll released Monday morning showed 58% of Pennsylvania voters surveyed oppose President Joe Biden’s liquefied natural gas export moratorium after learning the details of the impact it would have on jobs and communities in the state. The survey showed …
‘As a physiocrat, this is the most alarming chart I’ve ever seen.’ https://twitter.com/1CoastalJournal/status/1834457143770317229 Soft landing confirmed 🛬 pic.twitter.com/zX7MgPiaV1 — The Coastal Journal (@1CoastalJournal) September 13, 2024 Source: https://www.ers.usda.gov/topics/farm-economy/farm-sector-income-finances/highlights-from-the-farm-income-forecast/ Under the Biden/Harris insane regulatory agenda, every aspect of getting food to your kitchen table became astronomically more expensive – from soil/farming equipment rules to trucking costs …
REPORT: @BenBergquam Exposes One Of The Last "Trump Border Wall" Graveyards! This One Is In New Mexico.The Biden/Harris Regime SCRAPPED Millions Of Dollars Worth Of Trump Border Wall Instead Of Installing It.They Sold It For Pennies On The Dollar! pic.twitter.com/0nUQt7R8x5 — John Basham (@JohnBasham) September 9, 2024 h/t MT Ballsack
The Biden administration proposed to open up tens of millions of acres of public lands to solar development on Thursday after cementing restrictions on oil and gas activity across large swaths of Alaska. The Bureau of Land Management (BLM) rolled out its proposed “Western Solar Plan,” which would put approximately 31 million acres across 11 …
Just pandering for votes! pic.twitter.com/mrwPX09cPv — Donna Marie (@sabback) August 28, 2024 View post on imgur.com WASHINGTON — The Supreme Court on Wednesday rebuffed a Biden administration plea seeking to revive the latest plan to tackle federal student loan debt. The court in a brief order denied an emergency request filed by the administration seeking …
BOMBSHELL REPORT:⚠️ Mark Zuckerberg just admitted the Biden-Harris Admin "pressured" Facebook to CENSOR Americans. THOUGHTS? Zuckerberg also admitted Facebook censored Americans at the behest of the administration.. The META CEO also ADMITTED they throttled the Hunter… pic.twitter.com/enqipHmseP — Chuck Callesto (@ChuckCallesto) August 26, 2024 Page 2 pic.twitter.com/AXJytwSfLy — Chuck Callesto (@ChuckCallesto) August 26, 2024 JUST …