Key Indicator Hints America Is Headed
For Its Worst Real Estate Crash In History
Posted By: PeterWolosin, 2/17/2022 8:16:51 AM
Although it’s impossible to predict economic crashes with certainty, a key economic indicator suggests the U.S. housing market is on the verge of an unprecedented crash, one that could end up being the biggest in America’s history. Following the 2008 stock and real estate market crashes, the Federal Reserve, Democratic-led Congress, and the presidential administrations of George W. Bush and Barack Obama began an unprecedented effort to pump new dollars into the financial system — and, to a lesser extent, the economy at large. The strategy behind the flood of quantitative easing, government takeovers, stimulus checks, and government welfare programs that followed
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Although it’s impossible to predict economic crashes with certainty, a key economic indicator suggests the U.S. housing market is on the verge of an unprecedented crash, one that could end up being the biggest in America’s history.
Following the 2008 stock and real estate market crashes, the Federal Reserve, Democratic-led Congress, and the presidential administrations of George W. Bush and Barack Obama began an unprecedented effort to pump new dollars into the financial system — and, to a lesser extent, the economy at large.
The strategy behind the flood of quantitative easing, government takeovers, stimulus checks, and government welfare programs that followed
Things are turning, indeed, out there… out in the truck stops and the households fending off repossession and the small businesses struggling desperately for survival — even in the degenerate halls of government…
If the ads on the Superbowl each year are like a Rorschach test for the nation’s mental condition, then this year’s ad-roll was a cavalcade of frantic hallucinations suggesting a near-complete detachment from reality for an audience of ADD-disabled cell phone slaves locked into a Big Tech induced consensus trance. You could barely tell what these advertisers were trying to sell in their commercials, the psychotic dazzle of half-second jump-cuts was so ferocious.
Today in Finland, lawyers for Member of Parliament Paivi Rasanen and Bishop Juhana Pohjola will make their final arguments defending the two against “hate crimes” charges for publicly expressing their Christian beliefs. While intended to suppress Christianity and criminalize the Bible, with ramifications for the entire West, the prosecution has also created opportunities to proclaim Christian theology all over the world, Rasanen told The Federalist in an exclusive interview last week.
“I was happy to have the possibility to also tell the gospel—the solution to the problem of sin—in front of the court and in front of the media,” she said.
Anthony Weiner Is Back
13 replies
So, former congressman and convicted sex offender Anthony Weiner is making something of a comeback. No, this isn’t the springboard for a return to public life. That is forever closed, but the man needs something to do, I guess. I don’t know why he feels that way. Any man slapped with such charges would rightfully stay away…forever. Instead, Carlos Danger will be featured on a radio show with former Republican mayoral candidate and Guardian Angels founder Curtis Sliwa. Could this be the start of Weiner’s radio career?
More Woke Companies to Avoid: List #6
13 replies
After we published our List #5 a few weeks ago, one of our readers, Greg Ennis, left us this simple comment: “Who the hell is left?” Thanks for your input, Greg, and unfortunately, depending on the industry, that’s an excellent question. With the technology and apparel industries, for instance, finding alternatives to the companies on our list isn’t easy. Nonetheless, it’s important to understand the companies with whom we’re doing business. And just because there’s no viable alternative for an insidiously woke monopoly or oligarchy right now doesn’t mean there won’t be other options in a year.
Andrea Babinski never imagined she would be forced to get a vaccine to keep her nursing job.
“When people would say stuff like, ‘Oh, mask mandates today and slippery slope to vaccine mandates tomorrow,’ I thought, ‘No, that’s crazy. That sounds like a conspiracy theory, like wacko people,'” she said.
For the medical-surgical nurse who worked at Gundersen Health Systems for 12 years, it was never about politics. Due to several autoimmune issues, Babinski decided medically the shot was not the best decision for her.
On February 4, a car plowed through a group of demonstrators against Covid restrictions in Winnipeg, Canada. The driver fled the scene, leaving four adult males injured.
Videos taken by surveillance cameras and bystanders show the moment of impact. The white Jeep Patriot speeds up past the trail of cars and aims directly at a group of protesters. One of the victims can clearly be seen being driven over, as the Jeep’s operator indiscriminately steers into others.
Thankfully, no one was killed in the incident. Winnipeg police apprehended the suspect, a 42-year-old man from Headingley, this past Sunday.
A three-year battle in Vermont is coming to a head over Proposal 5, an amendment to the state constitution that would enshrine existing Vermont abortion “liberties” to terminate pregnancies up until birth.
Roe v. Wade established “viability” as the determinant of when state governments hold a “compelling” interest to protect children. The current challenge to Roe in the Supreme Court concerns a Mississippi law that would ban abortions after 15 weeks. Vermont’s Proposal 5 essentially defines fetal viability at 40 weeks (birth), ignoring both Roe and the science of human development.
County judge's behavior during funeral
of fallen officer called “disruptive
and disgraceful” 14 replies
of fallen officer called “disruptive
and disgraceful” 14 replies
Corporal Charles Galloway was brutally murdered during a traffic stop in Harris County (Houston) on January 23. This week the behavior of Harris County Judge Lina Hidalgo at Galloway’s memorial service is being called “disruptive and disgraceful.” Sgt. Roy Guinn’s account of her behavior has been made into a YouTube video by a local radio show host.Galloway is one of several law enforcement officers who have been shot in the line of duty in recent weeks in Houston. Crime has escalated and thanks to soft-on-crime Democrat leadership in Houston and Harris County, criminals are emboldened.
Zero Clue: Democrats’ Quest For Zero
Cancer Deaths, Zero Road Deaths, And Zero
Covid Deaths 13 replies
Cancer Deaths, Zero Road Deaths, And Zero
Covid Deaths 13 replies
It must be nice to be a Democrat in 2022. Think about it: You don’t have to be constrained by truth, reality, or the consequences of ignoring them. Isn’t postmodernism great?!
Nothing – and I mean that literally – that a Democrat politician says or their clueless voters believe is rooted in objective truth. Pick a position of theirs. Any position.
Jen Psaki recently made a spiteful, idiotic comment that highlights this phenomenon. The soft-on-crime approach that she scoffed at is resulting in record-breaking carjackings, murders, and retail theft. When Chicago DAs refuse to prosecute witnessed murders in broad daylight or when California passes legislation
It’s been less than two months since an associate professor teamed up with a pro-pedophile organization in an attempt to normalize the most repugnant crimes imaginable. Now, yet another unhinged professor has been caught advocating for pedophilia, this time even more brazenly.
Stephen Kershnar is a professor at State University of New York at Fredonia, and a pedophilia apologist.
Here’s Kershnar on video saying that an adult male having sex with a 12-year-old girl is not obviously wrong, and that calling it wrong is a “mistake.” In the same clip, he refers to pedophilic rape as “adult-child sex,” another euphemism that, just like “minor-attracted person,”
Penzey’s Spice Company Called All Republicans
Racist, Then Lost 40,000 Customers in
Two Weeks 18 replies
Racist, Then Lost 40,000 Customers in
Two Weeks 18 replies
Just two weeks after a Milwaukee, Wisconsin-based spice company held a “Republicans are Racist” sale over Martin Luther King Jr. weekend, it is dealing with a massive loss of business and openly begging for new customers.
Penzey’s Spices CEO Bill Penzey, who routinely uses his company’s email list to send anti-Republican screeds, sent a newsletter earlier this month in which he accused GOP voters of fantasizing about killing African Americans.
“Remember how Republicans, going against a mountain of evidence to the contrary, once again lied and said BLM [Black Lives Matter] wasn’t a peaceful movement but instead terrorists inciting violence
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Experts are warning that an increase in buried bodies as a result of the COVID-19 pandemic could be having an impact in the environment. In the U.S. alone, the number of people who have died with COVID-19 exceeded 900,000 this month and the number is increasing all the time.
Around the world, the death toll is over 5.8 million according to the World Health Organization (WHO), though some estimates of excess mortality—a measure comparing all deaths recorded with those expected to occur—have put that figure close to 20 million.
What this means is that burial facilities have faced unprecedented pressure as they attempt to allocate space and resources to store the bodies
Democrats are beginning to want change in the White House, whether it is a new strategy since the administration has minimal accomplishments or new top staffers surrounding President Joe Biden.
While Biden’s poll numbers are falling — recently receiving his lowest approval numbers at 33 percent — it appears that he is failing on the political front, according to a recent report from NBC News. The report stated that the president’s message isn’t resonating with Americans. His party’s chances of keeping their congressional majority are slim, his Build Back Better plan is dead, he failed at fixing the Chinese coronavirus, and inflation is on the rise.
SMETHPORT, Pa. — Some Democrats here in rural Pennsylvania are afraid to tell you they’re Democrats. The party’s brand is so toxic in the small towns 100 miles northeast of Pittsburgh that some liberals have removed bumper stickers and yard signs and refuse to acknowledge their party affiliation publicly. These Democrats are used to being outnumbered by the local Republican majority, but as their numbers continue to dwindle, the few that remain are feeling increasingly isolated and unwelcome in their own communities. “The hatred for Democrats is just unbelievable,” said Tim Holohan, an accountant based in rural McKean County who
Surgeon General Dr Vivek Murthy has tested positive for COVID-19, he announced in an 11 tweet Twitter thread Friday. His wife, Alice, and five year old son are infected as well. The news comes days after he revealed that his four year old daughter had contracted the virus.
'Update: my 5 year old son, my wife Alice, and I have all tested positive for COVID-19.(Snip)Biden's top health official wrote a seperate, eight tweet thread, about his daughters infection earlier this week, where he clamored for regulators to approve Covid vaccines for young children.
Four Senate Republicans failed to show up to vote on an amendment that would have defunded President Joe Biden’s remaining vaccine mandates, thus ensuring its failure.
The Senate voted on Sen. Mike Lee’s (R-UT) amendment to the continuing resolution (CR), which would defund Biden’s remaining vaccine mandates. The measure failed 46-47, with Sens. Mitt Romney (R-UT), Jim Inhofe (R-OK), Lindsey Graham (R-SC), and Richard Burr (R-NC) failing to show up, depriving Senate Republicans a potential majority to pass the amendment to the CR.
The beleaguered Black Lives Matter Global Network Foundation has been kicked off Amazon’s charity platform for its failure to disclose where tens of millions in donations it received nearly two years ago have ended up. AmazonSmile, which gives a portion of eligible purchases on the online shopping site to charities, said it “had to temporarily suspend” the group today, an Amazon spokesperson told The Post. “States have rules for nonprofits, and organizations participating in AmazonSmile need to meet those rules,” the spokesperson said. “Unfortunately this organization fell out of compliance with the rules in several states, so we’ve had to temporarily suspend them from the program until
Hillary Clinton — the definition of insanity
32 replies
No, no, no, no, no. Dear God, no.Hillary Clinton is seriously mulling a run in 2024. There’s simply no other way to interpret her speech at Thursday’s New York State Democratic Party Convention.Like the Tracy Flick she is, Clinton could barely make it through name-checking Gov. Hochul before eagerly leapfrogging into national politics. Apologies to Tracy Flick. At least she knew how to win an election.Not enough that Hillary carpet-bagged her way into a New York State Senate seat, itself a pretext for her first failed presidential run.
The Canadian government is issuing warnings to anyone involved in the massive anti-mandate protests, saying that in addition to freezing bank accounts and towing their trucks, they can confiscate pets as well.
A tweet from the official account for Ottawa’s by-law and regulatory services read, “Attention animal owners at demonstration: If you are unable to care for your animal as a result of enforcement actions, your animal will placed into protective care for 8 days, at your cost. After 8 days, if arrangements are not made, your animal will be considered relinquished.” According to tweet, the law applied to animals that were left without
Joe Biden got lost and claimed he once was a lifeguard on Lake Oswego in New York. The problem is there is no such place. Biden’s just keeps making things up not realizing how demoralizing this is for his Administration and the country. During a speech yesterday, Joe Biden shared that he once worked as a lifeguard on Lake Oswego when talking about New York. The problem is there is no Lake Oswego in New York.There is a Lake Oswego in Oregon but there is no evidence Biden worked there. He’s probably never been there.
Treasury Secretary Janet Yellen has admitted soaring US inflation is 'not acceptable'—then insisted the American economy would be even worse were it not for the very spending by the Biden administration that has been blamed for soaring prices. Speaking to AFP, Yellen said of the rise in cost of living—which hit 7.5 per cent last month: 'Inflation is clearly a great concern to Americans, and it really needs to be addressed. 'Certainly it's not acceptable to stay at current levels.' Her words were in marked contrast to Joe Biden's, who has repeatedly insisted that surging inflation figures are 'elevated,' and a temporary phenomenon. Yellen—who is America's first female
Hillary Clinton claimed accusations her campaign spied on Donald Trump are a 'conspiracy' tied to his mounting legal issues and slammed Republicans for backing 'coup plotters' and pushing the 'big lie' in her major comeback speech in New York on Thursday. 'We can't get distracted, whether it's by the latest culture war nonsense, or some new right wing lie on Fox or Facebook - by the way they've been coming after me again lately in case you might have noticed,' Clinton told the New York Democratic Convention in response to special counsel John Durham's filing over on Friday. 'It's funny, the more trouble Trump gets into
So far, Justin Trudeau’s invocation of the Emergencies Act hasn’t yielded any overt scenes of state power; no clouds of tear gas or columns of troops being marched into the capital. But it’s very different story within the Canadian financial sector. One of the most far-reaching implications of the Emergencies Act is what it prescribes for the Canadian financial system. According to the government’s new Emergency Economic Measures Order, every single bank, credit union, investment broker and insurance provider in the country has been deputized to figure out if they have a blockader as a client, and to immediately freeze their accounts if so.
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The repercussions of Bidenomics are coming.