Darkness, Darkness! Recession Fears Push Mortgage Rates Down And MBA Purchase/Refi Applications Up (Home Prices Up 20.9% YoY In May)

by confoundedinterest17 Biden’s new campaign theme for the midterms: economic darkness, darkness. Well, this is one way to get inflation under control … crash the economy. And inflation fears growing, we are seeing mortgage rates declining and mortgage applications increasing. Mortgage applications decreased 5.4 percent from one week earlier, according to data from the Mortgage Bankers Association’s … Read more

Top New Biden Staffer Defended Underage, Gay Prostitution Website Raided By Feds in Jaw-Dropping 2015 Article.

A recent, high-level hire at the Department of Energy’s Office of Nuclear Energy defended a controversial gay prostitution website with a track record of allowing children to be promoted for sexual services on the platform, The National Pulse can reveal. The revelations, from unearthed op-ed, follow The National Pulse exposé of appointee Samuel Brinton’s past … Read more

Yield Curve Inverted…. Again

by cbus20122 Probably not a surprise, but wanted to share this for discussion points. Given, the initial and brief inversion in April 2022 garnered most of the attention, but I personally think this one will get a bit deeper unless the Fed immediately walks back some rhetoric. Keep in mind, the inversion in April occurred … Read more

Markets predict mortgage payments could rise by $12,000 a year

by Boo_Randy Aussie f**ked borrowers who failed to see that interest rates were bound to rise are well and truly schlonged. These fools bought into one of the world’s most insane speculative housing bubbles – now it’s starting to dawn on them how screwed they are. https://www.news.com.au/finance/money/markets-predict-mortgage-payments-could-rise-by-12000-a-year/news-story/33f13de97d1ca1518b9b04dbf3f2835c Interest rates are well and truly on the … Read more

Mitch McConnell says the labor shortage will be solved when people run out of stimulus money because Americans are ‘flush for the moment’

For over a year, lawmakers and businesses have been bemoaning how they can’t find workers. Senate Minority Leader Mitch McConnell offered his own theory as to why at an event in Paducah, Kentucky, on Tuesday. “You’ve got a whole lot of people sitting on the sidelines because, frankly, they’re flush for the moment,” the Kentucky … Read more

Get woke, go broke… Woke Coffee Shop Closes Down After Insane Demands From Even-More-Woke Employees

A coffee shop in Philadelphia known for its LGBTQ brand identity closed its doors after employees revolted against the owners and demanded that they “redistribute” the company. Mina’s World, located in the neighborhood of West Philadelphia, was characterized by Bon Appetit as a business that doubled as a “hangout spot for people of marginalized identities.” … Read more

Prepare For War, High Energy Prices And Civil Unrest – Greg Hunter Interview Martin Armstrong.

This Interview is a combination of insider opinion and an AI predictive program. Armstrong states that the current batch of political leaders are the worst the world has seen ( paraphrasing ). He sees WW3 in 2024 and civil unrest arising after the mid-terms. That the rumours he’s heard for the Democats grabbing the election … Read more

DHS Secretary Mayorkas “Illegal migrants receive false information from smugglers”

Mayorkas claims, “The Department of Homeland Security has repeatedly warned people to not take the “dangerous journey.” Fox News hit piece headline. “DHS Secretary Mayorkas appears to place blame on migrants after 53 people found dead in Texas truck.” This shit has to stop, IT IS their fault. THEY decided to get in that truck, … Read more

The gaslight of all gaslights…

by BoatSurfer600 Source: https://www.marketwatch.com/story/the-u-s-wont-officially-be-in-recession-if-gdp-shrinks-again-and-heres-why-11657047088?mod=mw_latestnews They gotta keep spinning the narrative otherwise all the plebs will panic sell and the elites will be left holding the bags. Controlled demolition is best for them.

Sri Lanka admits bankruptcy

“Sri Lanka is bankrupt and the acute pain of its unprecedented economic crisis will linger until at least the end of next year, Prime Minister Ranil Wickremesinghe told parliament Tuesday. The island nation’s 22 million people have endured months of galloping inflation and lengthy power cuts after the government ran out of foreign currency to … Read more

IF HE WON’T RESIGN, HE MUST BE IMPEACHED! Joe Biden just sent 5 million barrels of US Oil Reserves to Europe ensuring more skyrocketing prices for US Citizens

Un-freaked-believable. We sent 5,000,000 barrels of oil to Europe from our strategic oil reserves with prices through the roof for Americans. At this point it’s hard to assume Democrats are doing anything other than purposefully destroying our country! https://t.co/DJ3FcC7THM — Donald Trump Jr. (@DonaldJTrumpJr) July 5, 2022 "Joe Biden doesn’t give a rip that families … Read more