Independent thinking for complex markets and current events
by confoundedinterest17 In politics, it is usually discussed whether you are better off today than 4 years ago. Well, not if you are a renter or need to buy a home with mortgage financing. If you are a homeowner, you are better off in terms of home equty. With the Case-Shiller National home price index …
Julian Assange, the founder of WikiLeaks, has indeed reached a plea deal with the U.S. Justice Department. According to court documents filed recently, Assange will plead guilty to a felony charge related to the Espionage Act. This deal will allow him to avoid imprisonment and resolve a long-running legal saga that spanned multiple continents. The charge specifically relates to conspiring to unlawfully obtain and …
OPINION: 22-915 United States v. Rahimi https://t.co/SwiwMXrlzh When an individual has been found by a court to pose a credible threat to the physical safety of another, that individual may be temporarily disarmed consistent with the Second Amendment. ROBERTS, C. J., delivered… — SCOTUS Updates (@USSupremeCourt) June 21, 2024 So they've legalized red flag laws. …
In an alarming trend between 2020 and 2022, California witnessed a dramatic population decline, with a staggering 700,000 residents fleeing the state. This mass exodus, primarily to Texas, marks the largest state-to-state migration in U.S. history, as reported by U.S. Census data. Over the past decade, the Golden State saw 8.5 million people relocate elsewhere, …
Over 75 million people in the United States are currently under extreme heat alerts as a heat wave sweeps across the country. The mid-Atlantic and New England regions are likely to experience highs in the 90s, with excessive humidity making it feel even more oppressive. This situation underscores the importance of staying indoors, staying hydrated, and taking precautions during …
President Joe Biden might think that last week’s jobs report shows that “the great American comeback continues.” Democrats might believe that “the numbers don’t lie – things are great,’ Rep. Maxwell Alejandro Frost put it. And leftist media mavens have no doubt convinced themselves that “the American job market is so good, Republicans have literally …
Salaried employees who work long hours for low pay aren’t finding much sympathy among Republicans on Capitol Hill. GOP lawmakers filed a resolution in Congress on Wednesday that would block the Labor Department from extending overtime protections to millions of salaried workers, a key workplace reform pursued by President Joe Biden. Under federal law, only …
Putin is sending four Russian warships and a nuclear sub to Havana, Cuba next week in order to take part in military exercises right under Joe Biden’s nose. Vladimir knows Joe is weak and is likely doing this because Biden authorized Ukraine to use US weapons inside Russia. Here’s more from CBS News: Four Russian …
by confoundedinterest17 The US economy is going down. 2024 hasn’t been a good year for Bidenomics. The Economic Surprise Index is falling to its lowest point in years. The economic confidence index has been terrible since Covid and Biden’s Reign of Ecoomic Error. We need to give Biden the hook!’ And I don’t want The …
by confoundedinterest17 Call it Washington DC soullessness. Back in 2023, Socialist Paul Krugman declared that “the war on inflation is over!!! “We” won, at very little cost.” I love when elitists claim “We won!” since clearly 99% of Americans lost since food, housing and car prices up are double digits under Biden. The problem is that food, …
by confoundedinterest17 Housing in the US is simply unaffordable. Home prices in Biden’s America are up 34.5% even though mortgage rates are up 157%. Home prices in America’s 20 largest cities rose for the 13th straight month in March (according to the latest data from S&P CoreLogic – Case Shiller – data today), up 0.33% (more than the …
Fast food prices have skyrocketed under the Biden administration, outpacing grocery bills and gas prices, according to Axios. Since before the pandemic, prices have surged by 31%, while average hourly earnings have only climbed 25%. It’s the cost of living crisis, plain and simple. Biden, the Democrats, and the media seem oblivious to the fact …
This is a developing story from Valley View, Texas, where a large, violent tornado has caused widespread devastation along Interstate 35. Emergency crews have declared a mass casualty event at a Shell truck stop gas station, reporting that up to 150 people are trapped inside with a collapsed roof. The tornado’s impact has led to …
Russia’s Vladimir Putin is ready to halt the war in Ukraine if a negotiated ceasefire that recognises the current battlefield lines can be agreed, Russian sources claim. Three of the sources, familiar with discussions in Putin’s entourage, told Reuters the veteran Russian leader had expressed frustration to a small group of advisers about what he …
by confoundedinterest17 You know “Green Joe” is desperate for re-election when he approves the release of 1 million barrels of gasoline from the Northeast Reserve in an attempt to lower gasoline prices. Jennifer Granholm, US energy Overlord, said it is to lower gasoline prices for 4th of July weekend (LOL!). Or in time for the November Presidential …
NATIONAL DEBT: $34.5 Trillion Yellen: •Need to address the $2 trillion a year deficit •Debt to GDP ratio the highest ever at 122% under Biden •Interest rates are highest in 20 years •Rates still low relative to the previous decades interest on the debt remains manageable ⚠️NATIONAL DEBT: $34.5 Trillion Yellen:•Need to address the $2 …
A commencement speaker at the University of Massachusetts Dartmouth gave the graduates some inspiring words for their futures — and $1,000 cash each to get them started. Robert Hale, Jr., the billionaire founder and CEO of Quincy-based Granite Telecommunications, sent the students into a frenzy when he told them “each graduate who crossed the stage” …
https://twitter.com/JackStr42679640/status/1790169813777834265 https://twitter.com/ThePublicaNow/status/1789715774099136766 Belgium’s new law equates sex workers to regular employees, regulating their activity through labor contracts. However, if a prostitute refuses a client more than 10 times in six months, fines are imposed. Belgium’s new law treats sex workers as regular employees, subjecting them to labor contracts. Prostitutes can face fines if they refuse …
Brace yourselves for the economic storm! The heartland of America is trembling as the median mortgage payment skyrockets to an unprecedented $2,894 per month, shattering all previous records. But the nightmare doesn’t end there. In the wake of Bidenomics, renters and prospective homeowners are being mercilessly squeezed, with only those fortunate enough to have secured …
Can you believe this? $7.5 billion of taxpayers’ hard-earned money flushed down the drain, and what do we have to show for it? Eight measly charging stations. It’s an absolute disgrace. With the urgent need to transition to cleaner energy sources, this snail-paced progress is unacceptable. The Biden Administration needs to be held accountable for …
Gas prices under last 4 presidents Bush, Obama, Trump and Biden. pic.twitter.com/ktrf1JPCLv — Citizen Free Press (@CitizenFreePres) April 17, 2024
Recent polling reveals a decline in American backing for Israel, with 36% of voters advocating for a reduction in aid and 31% believing current support is excessive. Additionally, 40% disapprove of President Biden’s management of the conflict, resulting in a -11% approval rating. https://t.co/9vwEJiwsXs — AF Post (@AFpost) May 7, 2024
by Michael If you are like most Americans, the cost of living has been going up much faster than your income has been. Right now, millions of Americans that were once prospering are now deeply struggling. When I was growing up, most of the population could afford to live “the American Dream”, but now that …
Former Massachusetts District Attorney Rachael Rollins is facing scrutiny for using her taxpayer-funded purchase card for expensive dinners, including charges at seafood and Italian restaurants, Jersey Mike’s, coffees, and Uber Eats, in violation of state guidelines. Rollins allegedly used her taxpayer-funded purchase card for lavish dinners at restaurants, including a $500 seafood meal in Worcester …
by confoundedinterest17 I doubt if Biden really understands what he is saying. He simply reads (badly) off a teleprompter. Biden has repeatedly claimed that no new taxes on anyone making less than $400,000. Remember, he has repeatedly said “You have my word as a Biden.” Which is worthless, by the way. There are TWO taxes that …
by confoundedinterest17 The Fed will likely pause rate cuts/increases when The Fed reveals their plans today. Breaking: Federal Reserve officials are likely to hold interest rates steady at 5.25-5.5%—a 20-year peak—for a 6th consecutive meeting. With inflation still high, rate cuts seem off the table for now. Rate decision at 2pm Washington time. The Street seems aligned. …
Nayib Bukele, President of El Salvador, stuns his administration by initiating investigations into bribery allegations against the entire executive branch and Attorney General. In a bold move, Bukele aims to distance himself from corruption and ensure a legacy free from association with criminal activities. Nayib Bukele, the President of El Salvador, brings in everyone from …
by confoundedinterest17 The US debt and Federal spending is out of control. As is entitlement spending. In 2007, the U.S. national debt was below $10 trillion, and the budget deficit was about $160 billion. Federal spending was about $3 trillion, and interest payments were approximately $400 billion. Then the numbers spiraled out of control. Yet Biden/Congress keep shoveling …
