Home prices spike again, 6 percent higher than last year.

The index for home prices increased in January at its fastest rate since November 2022 as supply constraints and inflation continue to raise prices, according to data from S&P Global. The Case-Shiller U.S. National Home Price Index increased 6.0% year-over-year in January, up from 5.6% in December, according to a press release …

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: Gross Domestic income is negative while “Real” GDP is not sustainable as deficit across $3 Trillion this year.

🇺🇸 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. All growth from services — healthcare, rent, education etc — …

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Biden unveils massive new budget with $6 trillion in tax increases, $36,000 in tax hikes per family; National Debt would grow by $1.8 trillion in one year.

In a move that could reshape the nation’s financial landscape, President Biden has revealed a budget proposal of unprecedented proportions, amounting to a staggering $7.3 trillion for the fiscal year 2025. This budget, while reflecting ambitious plans for tax increases and increased spending on various fronts, has ignited concerns about …

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Global freedom recedes for 18th year: Watchdog

Global freedom has receded for the 18th consecutive year, according to a report released Thursday by American nonprofit Freedom House. “Global freedom declined for the 18th consecutive year in 2023. The breadth and depth of the deterioration were extensive,” Freedom House said in the report. “Political rights and civil liberties were diminished in …

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University of Virginia Spends $20 Million On 235 DEI Employees, With Some Making $587,340 Per Year.

“The University of Virginia (UVA) has at least 235 employees under its ‘diversity, equity and inclusion (DEI)’ banner — including 82 students — whose total cost of employment is estimated at $20 million. That’s $15 million in cash compensation plus an additional 30-percent for the annual cost of their benefits.” …

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Meta Loses 16 billion this year. Stock up 12%

Zuckerberg is building his secret fortress in Hawaii. Sustainable food sources, underground bunkers, treetop expierences for guests – on land stolen from Indigenous Hawaiians, bought under shell companies. People working on the project are sworn to secrecy with nondisclosure agreements. Fired for discussing what they do at work. It was …

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Biden’s timely visit to East Palestine, a year late, conveniently aligns with an election year. Trump set a quicker precedent.

Oh, how punctual and dedicated! It’s heartwarming to see Biden keeping his promise to visit East Palestine ‘at some point.’ I mean, who doesn’t love a timely visit, especially during an election year? Biden will visit the site of a train derailment that spilled hazardous chemicals in East Palestine, Ohio. …

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Biggest financial red flag of the new year…

Company processes $2 trillion in transactions a month. And conveniently hacked to prevent short selling during market melt up. If you think you are well covered in 2024 with assets safe, think again. There are very few ways to insulate yourself from the coming fallout. Neither gold or crypto are …

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Congressional Wealth Surge: Pelosi and Blumenthal’s Portfolios Skyrocket 65% in a Year, Outpacing S&P 500.

This blatant corruption infuriates me! Congressional Democrats exploiting their privileged positions for personal gain, trading stocks with insider knowledge while ordinary citizens suffer. Beating the S&P 500 by seven points is no mere coincidence; it reeks of unethical practices. The fact that they have the audacity to engage in such …

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WEAPONIZED ALTRUISM: The Pitfalls of Benevolence: Unpacking the Toxic Mix of Universal Good Intentions and Political Correctness in the New Year.

via amgreatness: New Year’s is traditionally a time for reassessment and meditation. Wise sayings and saws are dredged up for reconsideration even as the chorus is getting ready to reprise “Auld Lang Syne.” It is easy to dismiss such scraps of wisdom, especially as they tend to come glazed with …

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It’s election year! Threaded Mode Biden is pardoning thousands.

Biden is pardoning thousands convicted of marijuana charges on federal lands and in Washington https://apnews.com/article/biden-marijua…c3c74e9d64 President Joe Biden is making thousands of people who were convicted of use and simple possession of marijuana on federal lands and in the District of Columbia eligible for pardons, the White House said Friday, …

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Three Wall Street Mega Banks Hold $157.3 Trillion in Derivatives – That’s $56.7 Trillion More than the Entire World’s GDP Last Year!

According to the OCC, as of September 30, JPMorgan Chase (which lost $6.2 billion from its federally-insured bank in wild derivative trades in 2012) is still allowed to sit on $54.4 trillion in derivatives. Citigroup’s Citibank, which blew itself up in 2008 from derivatives and off-balance-sheet vehicles and received the largest bailout in global …

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