A hub for independent voices and hard truths
https://www.youtube.com/watch?v=gmnO4O1MBdM The decline of our country is explicit. While 99% of our population is struggling to adapt to the rising cost of basic necessities, the top 1% of ultra rich Americans has seen their wealth increase by nearly 500% over …
One strategy for state officials looking to transition Washington’s transportation sector to electric vehicles is by subsidizing them with taxpayer dollars. This week, Gov. Jay Inslee announced $45 million in subsidies through a Department of Commerce grant program for families …
https://wallstreetonparade.com/2024/04/for-the-first-time-in-history-the-fed-is-reporting-billions-in-losses-weekly-its-still-paying-high-interest-income-to-the-mega-banks-on-wall-street/ The Federal Reserve is losing billions of dollars weekly for the first time ever. Here’s the breakdown: The Problem: The Fed gets low interest (~2%) on the massive amount of bonds it bought during economic stimulus programs (QE). However, they pay …
Inflation seems to be spiraling out of control, with ominous warnings of 8% interest rates and rising gold consumption. Just think. Three months ago the street saw 6 rate cuts coming in 2024 😂 8% interest rates would put mortgage …
Sanctuary Cities Giving Billions To Illegal Migrants 🚨 $1,000 Guaranteed Income Coming For Migrants – $1,000 debit card each every month – $1400 SNAP benefits In Los Angeles every month – Full coverage health insurance – Will soon get $1,000 …
In a heartbreaking reflection of the current state of housing affairs, a staggering 36% of Gen Zers and millennials gearing up to purchase their first homes cling to hope in the form of cash gifts from family. This reliance on …
🇺🇸 US Real Gross Domestic Income -0.1% YoY. In #recession territory with a perfect track record! H/t: @GameofTrades_ pic.twitter.com/WUyY6GN0vR — Alex Joosten (@joosteninvestor) February 23, 2024 My point exactly. Since 2000, US real GDP increased +60% with industrial output flat. …
This move has sparked intense debate among economists, policymakers, and the public. Once considered an extreme idea, UBI has become mainstream, challenging how we view the social contract and the government’s role in ensuring citizens’ well-being. As the economy changes …
This is an amazing number to watch in the next few years. Individual income taxes are about 1/2 of the govt revenue. For February, the US govt collected $120 billion from individual income taxes. They had to spend $76 billion …
America’s $125 MILLION ‘guaranteed income’ giveaway: Huge rise in taxpayer-funded programs offering no-string handouts of up to $36,000 – including D.C. scheme used by mom to buy $6K luxury Miami vacation Taxpayers have funded dozens of ‘guaranteed income’ schemes which …
IT’S BEEN 30 YEARS SINCE FOOD ATE UP THIS MUCH OF YOUR INCOME The last time Americans spent this much of their money on food, George H.W. Bush was in office, “Terminator 2: Judgment Day” was in theaters and C+C …
SALT LAKE CITY (KTVX/NEXSTAR) — It’s tax season in the U.S., leaving many Americans to try and sort through the mess of W-2s and 1099s. Making sure you report every bit of your income to the IRS can be a …
The Internal Revenue Service’s request (IRS) that taxpayers report any income they might have received through illegal activities such as dealing drugs has gone viral on social media, with users joking about the unlikely demand. “Don’t forget to report your …
A Super Bowl Ticket Costs Roughly 11.7% Of The Median Household Income teaser image “…the average price for a Super Bowl ticket on the secondary market is $9,024…”Purchasing a ticket for the Super Bowl in 2024 costs roughly 11.7% of …
The Biden administration is classifying some of the country’s most elite and exclusive locales as “low-income” areas, making them eligible for electric vehicle (EV) charger subsidy programs. The administration’s EV charger tax credit program — made possible by the Inflation …
by mrmrmrj Best part of the chart is the tiny box underneath it.
On Friday’s “CNN News Central,” Rep. Jasmine Crockett (D-TX) argued that U.S. asylum laws aren’t the problem and we should give work permits to people who come to the U.S. for economic reasons because “We need more tax income anyway.” …
A Universal Basic Income is Now Coming to Canada. The Liberals Believe There Will Be "Positive Consequences" of Offering Universal Basic Income. More government dependency by Justin Trudeau as he leads Canada towards communism. 🚨🚨🚨 pic.twitter.com/0AwdAwtQnw — Wall Street Mav …
California faces a record $68 billion deficit — here’s what is eating away at the Golden State’s coffers. California has also lost residents and businesses — and therefore, tax revenue — in recent years. The Golden State’s population declined for …
US govt:~$5 trillion total rev all sources~$2.5 trillion of that is personal income taxes~$1 trillion annual interest on the debt. This is crazy to think about. When you look at your paycheck info, and you see that amount taken out …
Gross domestic product and income have recently diverged to a degree last seen in 2007 pic.twitter.com/JkCpItbD3C — Win Smart, CFA (@WinfieldSmart) November 30, 2023 When “Gross domestic product (GDP) and income have recently diverged by a large margin,” it implies …
Full Story: https://t.co/cKkQZUus2A — Chief Nerd (@TheChiefNerd) November 25, 2023 This is what I heard: School loans Car loans (Plus full cov. ins. & gas) House mortgage loan (Plus utilities and ins.) THESE THREE ARE KILLER ALL AT ONCE! h/t …
As the U.S. government collects approximately $2.5 trillion annually in personal income taxes, a staggering 40% of that sum, equivalent to $1 trillion, is already allocated to servicing the interest on the national debt. The ominous trajectory continues as interest …
by TonyLiberty “Job security” is an illusion created by corporations — A company’s only concern is how much money the company can make. Companies are not “families”, they’re businesses, and their goal is to make as much money as possible. …
The interest payments on the national debt alone used up 40% of all the money collected from individual income taxes in October. This means a significant portion of the taxes paid by individuals goes just towards paying the interest on …
The financial outlook in the United States is deeply concerning. The bottom 20% of workers are allocating a staggering 80% of their income to essential goods like food, highlighting the stark inequality. Even those earning $150,000 or more a year …
by TonyLiberty The US housing market is at its most unaffordable level in 39 years, with mortgage rates at record highs near 8%. Monthly principal and interest payments on a median-priced home have surpassed $2,500 for the first time since …
by mrmrmrj A mere 7 corporate giants are single-handedly generating over 100% of the S&P 500’s profit growth, with a mere 10 stocks shouldering 90% of the market’s gains this year. This high level of dependence on a select few …
by TonyLiberty The cost of housing in the United States has reached an all-time high, with Americans now needing to make $114,600 per year to afford the median-priced home. To put things in perspective, the median household income is only …
The Canadian government is considering universal basic income. https://www.cbc.ca/news/politics/basic-income-senate-myths-1.6999287 The UK government is also trialling universal basic income. https://www.theguardian.com/society/2023/jun/04/universal-basic-income-of-1600-pounds-a-month-to-be-trialled-in-england Over the next decade, the agenda is to move over from natural gas generated electricity to that generated by solar panels …