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Running On Empty? US Bank Deposit Outflows Continue To Shrink As Regional ‘Stress’ Accelerates (Mortgage Rates UP 151% Under Biden)

by confoundedinterest17 The song “Running on Empty” by Jackson Browne comes to mind when analyzing the state of American banking, especially regional banks. Yesterday we found out that inflows to money-market funds continue to be huge ($290BN in six weeks), and more importantly, regional banks’ usage of The Fed’s BTFP bailout facility surged to a new record high (even …

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BREAKING: US Embassy Baghdad Under Attack

NEW: Rockets fired at US embassy in Baghdad amid Gaza warhttps://t.co/oQag1MSnW3 — Insider Paper (@TheInsiderPaper) December 8, 2023 U.S. Embassy in Baghdad in the diplomatic green zone under attack with multiple explosions and blasts. pic.twitter.com/ehR9OUz0RA — Oli London (@OliLondonTV) December 8, 2023 BREAKING: The United States Embassy in Baghdad, Iraq's capital, was targeted with many …

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RNC Sees Donations Hit 8-Year Low Under Feckless Chairwoman Ronna McDaniel

via Breitbart: Donations to the Republican National Committee (RNC) have hit an eight-year low, sources told the Washington Post on Monday. The diminished donations raise concerns about whether or not RNC leadership is properly aligned with the party’s grassroots to counter an unpopular Democrat president seeking reelection. Ten people familiar with the matter told the …

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Iowa police may start looking through your trash without a warrant under this new law

via desmoinesregister: Iowa Gov. Kim Reynolds has signed a law that seeks to legislatively overturn a state ban on warrantless police searches of garbage following an Iowa Supreme Court decision last year. Senate File 2296, which Reynolds signed Thursday, says people have “no reasonable expectation of privacy” for garbage placed outside their residence for waste …

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Driving Under Surveillance: Government Seeks Control Over Your Vehicle’s Speed

by Doctor Congo The National Transportation Safety Board wants to create a national database of your driving habits, and brick your car if you speed too often. via ntsb.gov: On Jan. 29, 2022, a 2018 Dodge Challenger entered an intersection near North Las Vegas, Nevada, against a red traffic signal with a vehicle recorded speed …

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Inflation isn’t under control at all – it’s now Shrinkflation – ‘Shrinkflation: Robbing Us Quietly in Back Alleys’

Less quantity for same price = direct inflation. Lower quality for same price = indirect inflation. Inflation is far from being under control. Everywhere, everything is shrinking in size. Who knows what the annual Shrinkflation rate is? It seems to be quite substantial. Shrinkflation: Robbing Us Quietly in Back Alleys NOVEMBER 22, 2023 BY MICHAEL …

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Senator Exposes Covert ‘Hemisphere’ Program: White House Under Fire for Unlawful Surveillance of Trillions of American Phone Records

The revelation of the ‘Hemisphere’ program, a covert surveillance initiative operating from the White House, has unleashed a bombshell report exposing the unprecedented access and scrutiny of trillions of American phone records without the requirement for warrants. BOMBSHELL REPORT: White House Spying on Trillions of American Phone Records without warrants.. New 'Hemisphere' program, a covert …

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Israel Frees 300 Palestinian Prisoners Under Agreement with Hamas

🚨🇮🇱 Israel has announced the names of 300 Palestinians, 95% of them children terrorists, who will be freed under the agreement with Hamas. pic.twitter.com/yGN4GzJMpk — Terror Alarm (@Terror_Alarm) November 22, 2023 IDF expected to intensify combat operations in Gaza before pause in fighting begins, with focus on clearing terror strongholds in eastern Gaza. via @MaarivOnline …

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A Bidenomics Thanksgiving! Turkey Prices Decline Slightly … But Still UP 321% Under Bidenomics (Save The Neck For Me, Clark!)

by confoundedinterest17 President Biden reminds me of Cousin Eddie, the dimwitted cousin of Clark Griswold’s wife in the Vacation movies. Except that Cousin Eddie is a nice dimwit while Biden is a nasty dimwit. And politcal stooge. Given that turkey prices are up 321% under Biden, the famous Thanksgiving line “Save the neck for me, Clark” is …

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NOT Born Under A Bad Sign! Housing Starts Are Down -4.2% YoY As M2 Money Growth Dies (Illegal Immigration Outpaces US Births, But Supply Not Keeping Pace)

by confoundedinterest17 Under Biden’s Reign of Error (or green economic transformation), the US has seen over 8 million illegal immigrants enter the US which is a far greater number than births in the US. In other words, Americans apparently are NOT being born under a bad sign. Hence, the US is seeing the demand for housing …

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Despite Headline Inflation Decline, Essential Necessities Face Persistent 5%+ Inflation, Contributing to Ongoing Affordability Crisis; Older Workers Turn to Entry-Level Jobs; 40% of Under 30s Rely on Family Support for Home Down Payments.

Inflation in essential areas, including car insurance, car repair, transportation, rent, homeowner costs, and food away from home, far exceeds the 3.2% CPI headline rate, challenging the notion of a broader decline in prices and signaling an ongoing affordability crisis for consumers. While CPI inflation is at 3.2%, inflation is much higher in many basic …

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We WILL Get Fooled Again! Purchasing Power Of US Dollar DOWN -15% Under China Joe Biden (Top 1% Doing Great Under Bidenomics, Not The Middle Class)

by confoundedinterest17 Republicans elected Mike Johnson from Louisiana as House Speaker, then were surprised when Johnson agreed with big spending Senators McConnell and Schumer on Biden’s mega spendathon. Also, several Republicans voted with Democrats NOT to impeach Cuba Pete (Mayorkas) for allowing 8 million illegals to cross the southern border. Bottom line: the Biden Administration and Congress …

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Bidenomics Breakfast! Orange Juice Prices UP 47% Under Biden (Even Though Food CPI Has Slowed To 3.69% YoY)

by confoundedinterest17 Even eating breakfast under Bidenomics is more expensive. Particularly if you like orange juice like I do. To save money, I am probably going to have to switch to nasty-tasting Tang. Food CPI is up 3.69% year-over-year. The rate of growth in food prices is slowing. But do I trust BLS data on …

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Biden’s Mortgage Market! Mortgage Demand (Applications) Increase By 2.5% From Previous Week As Mortgage Purchase Demand Down -20% From Last Year (Refi Demand Down -7% From Last Year While Mortgage Rate Is UP 169% Under Biden)

by confoundedinterest17 US inflation is lower than it was a year ago (cheers from The View CNN and MSNBC cheerleaders), but inflation remains stubborning above The Fed’s 2% target rate and will likely remain above 2% for the nexf few years. So mortgage demand is much like inflation … mortgage demand increased in the latest …

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Justin Trudeau’s Leadership Under Fire as Soaring Housing Prices and Rent Strains Canadians

In a revealing interview, Justin Trudeau faces harsh scrutiny as housing prices have skyrocketed by 70% during his tenure, while the average rent has surpassed $2,000 per month and continues to climb. 🔊 … Justin Trudeau gets wrecked in this interview 🚨🚨🚨 "Since you took power in 2015, the benchmark housing prices have gone up …

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The US and UK are about to give up their tax sovereignty under new plans for Global minimum tax rate

New plans for a minimum global rate for big firms will allow foreign nations to pilfer UK and US profits… If anyone had the slightest doubt that the UK is being run by Globalists…Relinquishing Tax Law to another world authority is as bad as giving up sterlinghttps://t.co/QXoSkqpmjC pic.twitter.com/LQxe97oAVF — Tess Summers 🏴󠁧󠁢󠁥󠁮󠁧󠁿🇮🇪 (@tesssummers98) November 2, …

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BREAKING: Failed Test-Launch of Minuteman ICBM Under Investigation for Russian Sabotage

🚨🇺🇸 The United States safely terminated an unarmed USAF Minuteman III ICBM over the Pacific Ocean. Russian sabotage and other options during a test launch from Vandenberg Space Force Base, California are under investigation. pic.twitter.com/JIBzLnoq3m — Terror Alarm (@Terror_Alarm) November 2, 2023 U.S. Air Force blows up Minuteman III in test flight after post-launch anomalyhttps://t.co/YqOanOaQ3V …

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First comes the shock to T-Bill yields, then comes the shock to jobless claims. S&P 500 closed just under the 200D moving average.

First comes the shock to T-Bill yields, then comes the shock to jobless claims. pic.twitter.com/DWIf9dN7S6 — Jeff Weniger (@JeffWeniger) November 1, 2023 This is THE US tightest monetary policy seen since the 1980s Something is bound to break pic.twitter.com/vbr6Y44x3r — Bravos Research (@bravosresearch) November 1, 2023 S&P 500 closed just under the 200D moving average. …

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IRS Chief Hints At Possibility Audits May Rise For Americans Earning Under $400,000

IRS Commissioner Danny Werfel faced a grilling by lawmakers on Capitol Hill this past week, where he hinted that there’s a chance that the agency will—contrary to its repeated pledges—increase tax audits of Americans earning under $400,000. The question of whether the IRS will use some of the $80 billion or so funding boost to increase tax …

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Americans Face Grim Outlook Under Democrats: Rising Inflation, Looming Recession, Soaring Job Losses; Trump Tax Cuts Expire 12/31/2025

The only thing Biden & Co. can do is come up with catch-phrases. – Americans SUFFER with #inflation and a coming #recession. – HUGE layoffs around the corner as job loss numbers increase.-Staggering figures reveal 1.2 MILLION US-born workers lost their jobs last month. They… pic.twitter.com/lDTw7Ejkiz — Kurt Schemers (@KurtSchemers) October 26, 2023   We …

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