The Perils Of Fed Tightening 2: US Mortgage Rates Climb To Highest Since 2000, Mortgage Demand Falls To Lowest In Recorded History (Great Job DC!!)

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by confoundedinterest17 Happy Columbus Day! As I discussed yesterday in my post entitled “The Perils Of Fed Tightening In One Chart (Or Sweet Home DC!) Treasury Yield Curve Remains In Reversion And Stock Market Declining As Fed Reduces Money Supply Growth,” The Federal Reserve is tightening its monetary policies to combat 40-year highs in US inflation caused by … Read more

Control of interest rates has been lost and a credit freeze is on the horizon. All Central Banks losing money. Bonds not wanted. Bye Felica

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Source: Zerohedge   Using joint EU debt and the ECB printer to try to print energy is going to be a disaster. They should go ahead and do it. They need to do everything wrong first before they reach the correct solution. A lot of #nuclear plus invest in more oil and natural gas resources. … Read more

BIDEN ACTUALLY NOT RELEASING MARIJUANA PRISONERS FROM PRISON

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It was with great fanfare and public excitement this week that the Biden administration announced pardons for federal prisoners convicted of possessing small amounts of marijuana. Many Democrats cheered this long-awaited partial honoring of Biden’s campaign promise, typically without noting that the pardons will release exactly zero inmates from federal prison, seeing as how federal … Read more

FBI TEAM INVOLVED IN CENSORSHIP OF HUNTER BIDEN LAPTOP STORY IDENTIFIED

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The FBI team that was in communication with Facebook before the social media company censored the original Hunter Biden laptop story has been identified, according to a new court filing. Meta, Facebook’s parent company, identified the team as the FBI’s Foreign Influence Task Force (FITF), according to an updated complaint entered late on Oct. 6. … Read more

Texas mom sentenced to life after pleading guilty to murder of bedridden daughter she left alone to go party

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Lauren Kay Dean pleaded guilty to murder on Wednesday and was sentenced to life in prison in connection to the death of her 7-year-old daughter, Jordynn Barrera, KTRK reported. Dean was also sentenced to an additional 20 years for two counts of abandonment and endangering a child. According to the criminal complaint, Dean had left … Read more

NY to become first state to begin to “test” people for marijuana intoxication whil driving, setting up thousands of DWI!

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New York is putting the doobie before traffic safety, law enforcement officials charge — and it’s forcing Albany to give the issue high priority. Gov. Kathy Hochul’s administration is scrambling to develop a way to measure when motorists are driving while under the influence of cannabis since there’s no current standard or valid testing, the … Read more

Scientists Have Discovered a New Set of Blood Groups

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THE UNBORN BABY was in trouble. Its mother’s doctors, at a UK hospital, knew there was something wrong with the fetus’s blood, so they decided to perform an emergency C-section many weeks before the baby was due. But despite this, and subsequent blood transfusions, the baby suffered a brain hemorrhage with devastating consequences. It sadly … Read more

Clown World: Man convicted of raping a minor sues state over housing him with men, and judge awards him $2.58 million in legal fees

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“Edmo is not currently required to register as a sex offender, and social media activity from after his 2021 release from prison mention traveling across the United States to multiple destinations including Nevada and California.” https://t.co/vKjKTEkzov — An Open Secret (@AnOpenSecret) October 6, 2022 h/t Jwnlwplus4

BANK RUN!!! DIGITAL BANK RUN!!!

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by Chris Black Today, PayPal stock dropped 5 percent at the time of writing this piece. On October 8th Paypal announced that they would be fining account holders for wrongthink they posted or said in a public space.  Refuse to use someone’s pronouns? That’s a $2500 fine per charge you are found guilty of.  Name … Read more

US MILITARY WILL PURGE ALL SOUTHERN HERITAGE

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by Chris Black The order has come down: >Defense Secretary Lloyd Austin on Thursday signed off on an independent commission’s recommendations to remove from U.S. military facilities, “all names, symbols, displays, monuments, and paraphernalia that honor or commemorate the Confederacy.” >Beginning on Dec. 18, 2022, the Department of Defense will begin renaming assets across the … Read more

US Mortgage Rates Rise To 7.04% As Housing Market Chills (WTI Crude And Gasoline Prices On The Rise Again As Biden Fails To Convince OPEC To Pump More Oil)

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by confoundedinterest17 Under “Nuclear Joe” Biden, the US is truly the land of confusion. As the Biden Administration touts “affordable housing,” we are seeing the 30-year mortgage rate rise above 7% as The Federal Reserve fights inflation … caused by the Biden Administration. Meanwhile, US home prices are falling. The Biden Administration launched a war on … Read more

Ethereum 2.0 Merge Could Drive Up Institutional Investment

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Ethereum completes the much-awaited Merge, now using proof-of-stake, which opens a new era for the second-largest blockchain. ETH had postponed the network transformation several times before getting to this point, giving the competition time to catch up. The update’s complexity was augmented by the fact that it was one of the most significant open-source software … Read more