Independent thinking for complex markets and current events
via Babs_Achtung What’s your theory on why the state creates homelessness? (And why there is zero incentive to end it) byu/Babs_Achtung inconspiracy I’ve been thinking a lot about the systemic roots of homelessness, and I want to hear your theories. The official narrative is always that it’s a tragic byproduct of inflation, bad luck, or …
This is the part nobody wants to say out loud. The money wasn’t mismanaged, it was routed exactly where they wanted it to go. Homeless people were just the excuse, the real product was a fat paycheck and a clean paper trail. There is fraud everywhere now, and nobody ever seems to pay for it. …
There are around 772,000 homeless Americans (nearly 230 for ever 100,000 Americans), according to the last time a point-in-count assessment was done in 2024. In this visualization, Visual Capitalist’s Pallavi Rao, take a look at the highest homelessness rates by state, measured per 100,000 residents. Hawaii tops the ranking with 805 people experiencing homelessness for …
California Homelessness Executive making $430,000 per year, funneled million of dollars into her husband’s NGO three separate times, and has taxpayers pay for open bars at her parties. She paid $800,000 to silence whistleblowers @5149jamesli Her name is Dr Va Lecia Adams Kellum. She’s the former CEO of the LA Homeless Services Authority. – She …
by Martin Armstrong https://www.armstrongeconomics.com/wp-content/uploads/2024/04/PublicSectorEmployee.Homelessness.mp4 California’s homeless crisis presents the public sector with a valuable political opportunity to expand its resources. The state and cities continually increase spending to combat the homeless epidemic without producing any results. Funding vanishes into the coffers of the public sector, with the number of people on the streets continuing to …
It’s hard to wrap your head around how something like this could happen. LA poured billions into homelessness programs, desperate to solve an issue that’s only getting worse. And now, after an audit, we’re left staring at a harsh reality: the money is gone, and nobody knows where it went. California didn't even track the …
His response? Blame everyone else while polishing his influencer persona, hoping people forget the destruction he caused. You cut fire prevention; LA burned. You spent $24 billion on homelessness; it rose 40%. You reduced penalties for violent crime; it's 31% higher in California than in the US as a whole. And instead of taking responsibility, …
by Michael All over America, our core urban areas are teeming with tent cities, hordes of homeless drug addicts, and vast throngs of newly arrived migrants that don’t have anywhere to go. When I wrote about this topic one year ago, homelessness in the U.S. was at an all-time record high, and it was increasing …
California Gov. Gavin Newsom, a Democrat, commands a Golden State that has turned into a deep blue “Sapphire State.” As Newsom took over following the 2003 San Francisco mayoral election, the then-mayor-elect said that December he intended to “aggressively” make ending homelessness in his city his administration’s top priority. The plan involved a 10-year strategy to …
It’s 2025 in 🇨🇦: Federal, provincial, and personal debt are at breaking points. Food bank lines hit record highs. Homeless encampments spread across cities. Housing is out of reach. Universities and hospitals are buckling. Collapse isn’t a question of if—it’s when. — Shazi (@ShaziGoalie) December 1, 2024 This crazy chart is now updated to include …
The United States is facing worsening conditions in the housing market due to a shortage of affordable housing. However, a new study blamed billionaire investors for playing a key role in driving up the cost of renting and homeownership and increasing homelessness in the country. A report published Monday by the Institute for Policy Studies …
People working on the C-level of non-profits are generally overpaid. Just look at how much this guy made. This is where your donations go to besides advertising which then goes back to MSM lying to you. 🤷♂️ pic.twitter.com/Alw35UAoPi — 🐶PlanÐ🐕 (@1TrillionUSDoge) August 23, 2024
THE MORE MONEY YOU SPEND ON HOMELESSNESS, THE MORE OF IT YOU BUY: “That’s the equivalent of spending… $1,137,256 per person to exit homelessness.” Despite spending over $1.1 million for each of the only 126 people who transitioned out of homelessness, Washington Democrat Governor Jay Inslee claimed that his initiative for removing encampments from state land and getting …
by Michael Over the past three years, millions of migrants have come pouring into this country looking for a better life. They were promised that things would be so much better once they got here, but for so many of them that has turned out to be not true at all. There just aren’t enough …
The family of Kenosha killer Kyle Rittenhouse claim he has abandoned them and left them facing eviction while he cashes in on his notoriety. The 21-year-old shot to infamy in 2020 after gunning down three men with an AR-15 style rifle during unrest following a Black Lives Matter demonstration in Kenosha, Wisconsin. Two of the …
by Michael The tremendous chaos that is gripping communities all over this country did not emerge out of a vacuum. For years, poverty and homelessness have been on the rise. According to a recent report from Harvard University, the number of homeless Americans has increased by almost 50 percent in less than a decade. Meanwhile, the ranks …
The homelessness crisis that is taking over our core urban areas is getting so out of control that tent cities are emerging everywhere, even next to the U.S. Supreme Court. Soaring rents and the most expensive housing prices in U.S. history are triggering a wave of evictions and foreclosures like nothing we have ever seen. …
With all of their belongings packed into a stroller, Gabriella Crespo and her 14-year-old son, Adeimis, wait outside an emergency homeless shelter in the Mission District each night, wondering whether there will be space on a school gymnasium floor for them to sleep. Crespo, who fled Venezuela around a month ago to escape sexual violence …
“According to evictionlab just over the past 12 months alone, we have seen 83,000 tenants kicked out on the street and evicted and over 1 million eviction filings during the same time.. Here’s the kicker, that’s only across 34 cities and 10 states that they track. So this only accounts for roughly 1/5 of the …
Skid Row used to be confined to a one block area but now tents and other makeshift shelters can be seen throughout the city. Los Angeles Councilwoman Monica Rodriguez is lobbying Tuesday for a new department to create and oversee programs that address the homelessness crisis. The department would report to Mayor Karen Bass and …
ACRAMENTO, Calif. (AP) — California voters have approved a measure that will impose strict requirements on counties to spend on housing and drug treatment programs to tackle the state’s homelessness crisis, in a tissue-thin win for Gov. Gavin Newsom, who personally campaigned for the measure’s passage. The state accounts for nearly a third of the …
The other 12 countries that have more homeless are third-world shitholes. U.S.– 653,104 homeless Russia –11,285 homeless U.K. — 380,000 homeless Japan — 3,065 homeless https://en.wikipedia.org/wiki/List_of_sovereign_states_by_homeless_population h/t DIY Spaceman
Maui faces a homelessness crisis blamed on Biden’s FEMA, forcing residents into roadside tents. FEMA’s housing efforts fail, pushing landlords to evict tenants for FEMA occupants, skyrocketing rent prices. Displaced residents receive no aid amid job losses, while vacant short-term rentals compound the issue. 🚨 THE BIDEN ADMIN HAS CREATED A MASSIVE HOMELESS CRISIS ON …
Amidst a cost-of-living crisis in Britain, London experiences a 23% surge in rough sleepers. Mayor Sadiq Khan calls for urgent government intervention as emergency accommodation usage rises. Strikingly, 242 newly-granted refugees report homelessness after leaving government-provided shelter. Meanwhile, in Germany, thousands of doctors and medical center employees strike against low wages and high costs, underscoring …
https://twitter.com/WallStreetSilv/status/1737145060959928766 In an unsettling development reminiscent of times not seen since the Great Depression, a new phenomenon is sweeping across Canada, leaving fully employed carpenters and nurses living in their cars in parking lots. This distressing reality, unimaginable just eight years ago, signals a concerning shift in the socioeconomic landscape. The heart-wrenching truth is that …
https://twitter.com/GregCrennan/status/1737172258467254709 Christmas spending increases due to inflation concerns; 24% cite inflation as the reason, while 37% cut expenses, blaming inflation, up from 15% last year. The surge in homelessness, reaching a staggering 653,104 people, unveils a heartbreaking reality in the U.S. Declining assistance packages and a shocking +20% increase in shelter costs since the pandemic …
by Michael At least things are still good for those at the very top of the food chain. But for everyone else, economic conditions have already become very painful. Today, the vast majority of Americans have less money than they did prior to the pandemic, and thanks to raging inflation our standard of living is steadily going down. We …
Reverse mortgages: 15,000 older Florida homeowners at risk of foreclosure and homelessness Already, 16,654 reverse mortgage holders have gone into foreclosure in the five years that ended December 2017, the most by far in the U.S. and nearly double the second-most — in California. Those figures are based on an analysis by USA TODAY in …
via Mike Shedlock: While Dallas has thrived, elsewhere Democratic policies have exacerbated crime and homelessness says mayor Eric Johnson in a WSJ op-ed. Mayor Eric Johnson: America’s Cities Need Republicans, and I’m Becoming One Please consider America’s Cities Need Republicans, and I’m Becoming One I have been mayor of Dallas for more than four years. During …
BREAKING: New York City is facing a level of homelessness not seen since the Great Depression in the 1930s, per Reuters. — unusual_whales (@unusual_whales) September 12, 2023