The Preferred Stock Purchase Agreements Will Hamper Access to Credit (Will Minorities Suffer As FHFA Tries To Reduce Overall Risk Exposure?)

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by confoundedinterest17 The Urban Institute has an interesting paper entitled “The Preferred Stock Purchase Agreements Will Hamper Access to Credit.” “The changes that Trump administration officials made to the preferred Stock Purchase Agreements (PSPAs) – the contracts that govern Fannie Mae and Freddie Mac’s relationship with the US Treasury – would restrict the volume of “high risk” loans they can … Read more

Separate Your Money from Your Emotions with Bob Wheeler

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from Kerry Lutz’s Financial Survival Network CPA Bob Wheeler says that, “We all deal with financial issues and choices every day. Most of what we learned about money came from our family. How they thought and reacted to money choices shaped our thinking today. Have you ever stopped to consider that maybe they didn’t know what they were … Read more

National Guard Troops in DC Hospitalized After Democrat Run City Repeatedly Feeds Them Raw, Undercooked Meat and Meals With Metal Shavings

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More than a dozen Michigan National Guard troops deployed to Washington, D.C. have been sickened, with some hospitalized, after being served raw, undercooked meat and meals laced with metal shavings according to a report by WXYZ-TV reporter Brian Abel Monday evening. In his report, Abel played a recording of a whistleblower describing meals: 74 with … Read more

Report: China’s ‘gray zone’ warfare against Taiwan at highest level

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Taipei [Taiwan], March 1 (ANI): China’s ‘gray zone’ warfare against Taiwan is now at the highest level, which could mean that Beijing is preparing for a full-scale invasion, Focus Taiwan reported citing local military experts warned on Thursday. Gray zone conflicts are activities by a state that are harmful to another state and are sometimes … Read more

Joe Biden loses patience with Vladimir Putin – major retaliatory move expected today

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JOE BIDEN is set for a collision course with Vladimir Putin by imposing sanctions on Russia later today. The US President is expected to punish Russia over the poisoning of Mr Putin’s rival Alexei Navalny, according to sources in Washington. The Russian opposition leader fell ill on board a domestic flight from Siberia to Moscow … Read more

Pelosi tweet from 2015 shows her on panel with Cuomo discussing sexual misconduct: Cuomo is now accused by three women of sexual misconduct.

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A 2015 tweet from House Speaker Nancy Pelosi, D-Calif., is coming back to haunt her as Democratic New York Gov. Andrew Cuomo is facing multiple allegations of sexual harassment. The New York Times reported on Monday of a third accuser who alleged that Cuomo touched her bare lower back and asked if he could kiss her at a 2019 … Read more

BREAKING: Mass casualty incident in California. Multiple fatalities. 17 DEAD, MULTIPLE INJURED

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#BREAKING: Mass Casualty Incident declared after bus and truck collide in Imperial, California. Initial reports suggest there are multiple fatalities and numerous injuries. — UA News (@UrgentAlertNews) March 2, 2021 ⚠️🇺🇸#𝐀𝐋𝐄𝐑𝐓: MASS CASUALTY CRASH IN CALIFORNIA •Still working to get the exact location of the crash, but it is located in Imperial county. •Fatality rate … Read more

If we only manage what we measure, then we’re mismanaging our economy by promoting waste as the only metric we measure and incentivize.

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by Charles Hugh Smith Any economy stupid enough to rely on the insane distortions of GDP “growth” as its primary measure will richly deserve a Darwin Award when it inevitably collapses in a putrid heap of squandered resources and capital. We’re told the gross domestic product (GDP) measures growth, but what it really measures is waste: capital, … Read more

Charted: Money Can Buy Happiness After All

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by visualcapitalist What’s the relationship between money and happiness? Previous studies have indicated that, while money can in fact buy happiness, it plateaus at approximately $75,000/year. However, new research suggests otherwise. Using over a million real-time reports from a large U.S. sample group, a recent study found that happiness increases linearly with reported income (logarithmic), and continues to rise beyond … Read more

Commodities Flashing Inflation, Gold is Next

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Vincent Lanci on Palisades Gold Radio Tom welcomes a new guest to the show, Vincent Lanci. Vince discusses his background in energy and precious metals and he manages money for a couple of hedge funds. Vince explains some of the terms surrounding the bond markets and the current signs of low investor interest. Strangely, there was … Read more

ID for absentee ballots are now required in Georgia. Angry leftists react by storming the state capitol.

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ID for absentee ballots are now required in Georgia. Angry leftists react by storming the state capitol. pic.twitter.com/xt92xcDGwW — Ian Miles Cheong (@ianmiles) March 1, 2021 Related: When the Left Attacked the Capitol. In the winter of 1971, you could still find vestiges of an age of innocence in Washington. The previous decade had been one … Read more

This woman knows nothing of economics. Why oh why can’t we get competent people in office

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AOC: $15 Minimum Wage a ‘Deep, Deep Compromise,’ Should Be $24 Rep. Alexandria Ocasio-Cortez (D-NY) on Monday criticized certain Democrats for failing to support progressive demands for a $15 minimum wage, contending they are living in a “dystopian capitalist nightmare” and adding that the minimum wage should actually be $24 an hour. “Any person who … Read more

FREE TEXAS! Gregg Abbott Will Make An Announcement Today Regarding Rolling Back State-Wide Restrictions while CDC urges caution

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  https://www.yahoo.com/news/gov-abbott-statewide-announcement-could-001229496.html Abbott said he will be traveling to Lubbock today to make a statewide announcement regarding plans to roll back some restrictions. What will his plan be? Will it be ‘something will be rolled back by May if and only if….’ ? Or will he say something less strict? Let’s find out! But while … Read more

The bear market started last week. Intervention is coming.

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https://twitter.com/RetirementRight/status/1366588915251961859 https://twitter.com/NorthmanTrader/status/1366749008472006657 $spx earnings pic.twitter.com/i6APoMmCiU — Álvaro Oviedo (@alvoviedo) March 1, 2021 https://twitter.com/MFHoz/status/1366647153410650112 WARREN: IT WOULD BE ERROR TO EXTEND BANKS' CAPITAL EXEMPTIONS negative rates here we come — zerohedge (@zerohedge) March 2, 2021