Used Car Repossession Rates Double for
Both Sub-Prime and Prime Borrowers, Indicates
Trouble on Main Street
Posted By: earlybird, 7/11/2022 12:02:10 PM
Barrons has an interesting article on an increase in bank auto repossession rates connected to defaults [see here]. Essentially, used car prices have surged significantly and the timeline seems to indicate the temporary covid-19 stimulus spending had a lot to do with the increase in demand. According to data assembled by CoPilot, used cars are currently priced approximately 10,000 higher than they would be without any pandemic related influence, supply side or demand side. Banks and financial institutions loaned money into the climbing market price. However, the artificially inflated car prices now create a bubble where the liability on the books is significantly higher
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CLEVELAND, Ohio - 19 News meteorologist Jon Loufman was attacked and severely beaten in his home on July 9, according to Bay Village police.
Loufman has been hospitalized since the attack, and according to police, was in stable condition.
Officers arrested Loufman’s son, Daniel Loufman.
He is charged with felonious assault and is currently being held on a $1 million bond.
Julia Loufman, Jon’s wife, was also arrested and is being charged with obstructing justice during the investigation.
She is being held on a $30,000 bond.
Both Julia and Daniel Loufman pleaded not guilty to the charges; they were arraigned via video this afternoon in Rocky River municipal court.
Support for transgenders falls
8 replies
A poll by Public Religion Research Institute, a lefty lobbying group, found that Lia Thomas has had an impact on how Americans view allowing transgenders competing with women athletes.
Americans don't like it.
PRRI's polled found that Will Thomas changing his name to Lia and winning all the women's swimming trophies turned people off.
Four years ago, 50% supported allowing men who say they are women competing in women's sports.
Now that Americans have seen this firsthand, only 36% do.
In fact, a 61% majority of Americans oppose letting men who say they are women to compete in women's sports.
Hey, in a democracy, you have to ban it, right?
Hunter's iPhoney
8 replies
The "laptop" dumps were pretty bad.
Apparently, the weapon-style "autists" over on the chans have managed to break the password for Hunter's iPhone backups.
(snip)
Expect the leaking of extremely nasty things to start in earnest, and the files have been seeded via torrents sufficiently at this point that there is no possible way for any government or any agency to stop it, particularly given that the password has also allegedly been leaked.
So now you have the "chest", if you will, and the key to the lock is in the public domain.
Whatever is in there and whatever it shows -- it will soon be everywhere.
OPEC expects to increase oil output in 2023 by nearly 1 million barrels per day due to rising global demand.
“In 2023, expectations for healthy global economic growth amidst improvements in geopolitical developments, combined with expected improvements in the containment of COVID-19 in China, are expected to boost consumption of oil,” the organization said in its monthly report released on July 12.
Year over year, world oil demand is anticipated to rise by 2.7 million barrels per day (bpd), and overall demand is projected to reach 103 million bpd, (snip)
Non-OPEC supply is expected to increase by 1.76 million bpd in 2023, with OPEC having to chip in an additional 940,000 barrels daily.
Dr. Jill Biden Compares Latinos to Tacos
20 replies
You might remember the manufactured media controversy that erupted when President Trump tweeted a picture of himself eating a taco bowl on Cinco De Mayo. The media and left-wing moonbats went nuts, calling it a racist belittlement of the Hispanic community.
Well, today, someone convinced Dr. Jill Biden that it would be a great idea, a brilliant exhibition of her connection to the Latino community, for her to compare the diversity and unique nature of Latino’s to “breakfast tacos.” Seriously folks, you just cannot make this stuff up.
But wait, it gets worse. Mrs. Biden doesn’t even know how to pronounce the word “bodegas” as it was loaded into
Barrons has an interesting article on an increase in bank auto repossession rates connected to defaults [see here]. Essentially, used car prices have surged significantly and the timeline seems to indicate the temporary covid-19 stimulus spending had a lot to do with the increase in demand.
According to data assembled by CoPilot, used cars are currently priced approximately 10,000 higher than they would be without any pandemic related influence, supply side or demand side. Banks and financial institutions loaned money into the climbing market price. However, the artificially inflated car prices now create a bubble where the liability on the books is significantly higher
UN Human Rights Report Shows Ukraine Military
Used Nursing Home Residents as Human Shields 18 replies
Used Nursing Home Residents as Human Shields 18 replies
A quietly released study from the U.N. Human Rights Commissioner [See Here pdf] looking into allegations of war crimes conducted during the Ukraine -vs- Russia conflict, specifically looked into allegations of Russian military targeting a nursing home facility in the eastern region of Luhansk.What the UN investigation revealed was that Ukraine military soldiers had intentionally used the nursing home as an active base to launch military strikes against Russian forces (snip) the effort to create civilian casualties seems more purposeful as a strategy to gain western media support and create stories that can be used to advance sympathy toward Ukraine,
Asked to look back at the pandemic and assess public health recommendations aimed at limiting Covid-19 spread, only about half of Americans now think masks and vaccines have been very effective or extremely effective.
That's the finding of a new Pew Research survey of more than 10,000 adults, which provides insights into Americans' thinking about many aspects of the pandemic.
Only 48% think "wearing masks around other people indoors" has been extremely or very effective; 23% give masks a lukewarm "somewhat effective" grade. Defying two years of public health preaching, 28% say they're either "not too" or "not at all effective."
Elon Musk has weighed in on a video of President Joe Biden reading what appears to be a teleprompter instruction line during a live announcement on Friday.
Biden was addressing the nation over an executive order related to the reversal of Roe v. Wade when he seemingly went too far by reading out directions—”End of quote. Repeat the line.”—from the teleprompter.
“Whoever controls the teleprompter is the real President!,” Musk wrote on Twitter in response, adding a picture that shows a dialogue from Will Ferrell’s 2004 movie “Anchorman,” in which Ferrell is cast as television anchor Ron Burgundy.
Legal Group Launches ‘Litigation Blitz’
To Compel FOIA Disclosures Of Biden’s
Radical Appointees 2 replies
To Compel FOIA Disclosures Of Biden’s
Radical Appointees 2 replies
America First Legal (AFL), a conservative nonprofit, launched a cascade of litigation last week suing 11 federal agencies over their refusal to disclose records compelled under the Freedom of Information Act (FOIA).
In July last year, the group filed requests across federal agencies to disclose the names, titles, positions, resumes, salaries, ethics pledges, waivers, and agreements of political appointees under President Joe Biden in the new administration.
“Everyone knows personnel is policy,” AFL Vice President and General Counsel Gene Hamilton told The Federalist, highlighting the torrent of liberalism rapidly taking over the federal government from open-borders policy to the embrace of radical gender ideology. “We FOIA’d every department and agency across
Earlier today Joe Biden held an official ceremony promoting the killing of unborn babies as a legacy initiative of his administration. Biden signed an executive order [View Here] stating that abortion “is essential to justice, equality, and our health, safety, and progress as a Nation.”
(Video)(Via Reuters) – […] Biden, [a member of the progressive death cult], has been under pressure from supporters, particularly progressives, to take action after the landmark decision, which upended roughly 50 years of protections for women’s reproductive rights.
The president’s powers are constrained, because U.S. states can make laws restricting abortion and access to medication, and the executive order is expected to have limited impact.
Hilarity follows Pelosi beach photo as
she hobnobs at swanky Italian resort owned
by Andrea Bocelli 25 replies
she hobnobs at swanky Italian resort owned
by Andrea Bocelli 25 replies
Nancy Pelosi reacted to a string of Supreme Court rulings that landed multiple body blows on the Democrat agenda, the Biden-controlled bureaucracy, and their activist shock troops by taking a trip across the pond where she has been living it up in Italy and pictures of her kicking it seaside at a lavish Mediterranean beach resort are creating quite a buzz on Twitter.
In the shots of Pelosi and hubby Paul, who was recently busted for DUI in California, Madame Speaker is seen as she’s never been seen before, barefoot and showing off her cleavage – plenty of it – as she dipped her toes in the sand and surf
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Vice President Kamala Harris would defeat Florida Governor Ron DeSantis in a hypothetical 2024 presidential match-up, according to a new poll, but the race would be extremely close.
A poll from the Harvard University Center for American Political Studies (CAPS) has found that Harris enjoys 39 support to the Republican governor's 37 percent in a theoretical contest. (snip) The poll showed Trump defeating both Biden and Harris in hypothetical 2024 contests. Trump had 43 percent support to Biden's 40 percent, with 17 percent undecided.
In a theoretical race against Harris, Trump performed even better, garnering 45 percent to Harris' 39 percent with 16 percent of respondents undecided.
The US has inflicted more than $1.9tn in damage to other countries from the effects of its greenhouse gas emissions, according to a new analysis that has provided the first measurement of nations’ liability in stoking the climate crisis. The huge volume of planet-heating gases pumped out by the US, the largest historical emitter, has caused such harm to other, mostly poor, countries through heatwaves, crop failures and other consequences that the US is responsible for $1.91tn in lost global income since 1990, the study found. This puts the US ahead of China, currently the world’s leading emitter, Russian, India and Brazil as the next largest contributors to global
Prosecutors may have a case for federal prostitution offenses against Hunter Biden, according to documents, texts and videos that show he spent a staggering $30,000 on escorts in a five-month period. The president's son wrote checks to a Ukrainian woman whose transactions were red-flagged by banks for suspicious activity, documents reveal. A Suspicious Activity Report (SAR) filed by JPMorgan Chase named Florida and New York-based Ekaterina Moreva after she received tens of thousands of dollars from Hunter's company and women who the First Son paid for sex.(Snip)Some of Hunter's hooker payments came just hours after he received thousands of dollars from his father.
Former House Speaker Paul Ryan was so "disturbed" by the events of the January 6 riots that he "found himself sobbing" while watching the events on television. Ryan, a Republican, told journalist Mark Leibovich for his upcoming book "Thank You For Your Servitude" that he often did not cry but "something snapped in him" that day, CNN reported. "I spent my whole adult life in that building," Ryan said. "And I saw my friends, a lot of cops, some of my old security detail – I'm still friends with a bunch of those guys. It really disturbed me, foundationally." Ryan spent
CNN contributor and Republican consultant Scott Jennings predicts that former President Donald Trump will announce an early Presidential bid to prevent Florida Governor Ron DeSantis from running in 2024.
Jennings observed that given DeSantis’ popularity, specifically with conservatives across the country, he is a Trump-like figure without the baggage. Jennings said:
“I definitely think there are a lot of Republicans out there who voted for Donald Trump twice, maybe gave him money, wanted to see him succeed who know we cannot drag the country and the party through this again in 2024, that he’s the least likely Republican to have a chance to win the White House …
Do You Miss America Yet? What Life Behind
Bars In Russia Is Like For America-Hating
Brittney Griner 39 replies
Bars In Russia Is Like For America-Hating
Brittney Griner 39 replies
The Brittney Griner story has been one which tears at us from two sides. When we hear about an American being detained in a foreign country for offenses which are considered minor here in the U.S., we often become sympathetic, depending on the infraction, of course. And when we learn that the country holding that prisoner is an archrival or enemy such as China, Iran, North Korea, or Russia, our sympathies become that much stronger.
In the case of Brittney Griner, however, things aren’t that simple. Griner, who has been detained in a Russian prison since her arrest at a Moscow airport for possession of cannabis oil
Shocking video footage has emerged of a young child repeatedly hitting a Minnesota cop who was there to arrest a murder suspect — calling the officer a “b—h” and telling his colleague to “shut the f–k up!”
The clip released by Alpha News was filmed last week in St. Paul, a city that saw widespread rioting after the nearby police murder of George of Floyd and manslaughter of motorist Daunte Wright.
“Shut up, b—h!” screamed the young child, who appeared to be only a few years old and wearing just underwear while standing in the street, with an even younger child in a diaper just behind him.
The Electric Reliability Council of Texas (ERCOT) has warned power consumers in Texas to conserve energy on Monday afternoon and evening because there will not be enough wind power to operate the power grid reliably in peak demand. (Tweet) Though Texas is known for its role in the oil industry, it is also the nation’s number-one producer of wind energy. During a cold snap in the winter of 2021, however, wind turbines froze and many Texans found themselves without electricity.
Now that scenario is likely to repeat itself, albeit due to high temperatures that are accompanied by calm conditions.
Fewer Americans than ever say that they believe that the Bible should be taken literally, while a record number of Americans now say they view the holy book as a compilation of "fables, legends, history and moral precepts recorded by man," according to a Gallup poll.
One in five Americans surveyed said the Bible is the "actual word of God, to be taken literally," about half off from the high point in 1984. The survey also shows that as fewer Americans are ranking religion as "very important," the number of those who believe the Bible came directly from God decreases.
Elon Musk said former President Donald Trump should not run for a second term, arguing that he’s too old and “too much drama.”
The Tesla CEO, who had vowed to reinstate Trump’s Twitter account before he moved to terminate the $44 billion acquisition of the social media giant, responded late Monday to a Twitter post from Breitbart News that included a clip of Trump slamming the tech mogul as “another bullsh-t artist.”
“I don’t hate the man, but it’s time for Trump to hang up his hat & sail into the sunset,” the world’s richest person tweeted in response to Trump’s comments.
Senate Majority Leader Chuck Schumer has tested positive for COVID, his office said Sunday. “As a part of his regular testing regimen, Leader Schumer received a positive test result for COVID-19,” said Angelo Roefaro, a spokesman for the Democrat senator from New York.
Schumer, 71, is fully vaccinated, double boosted and experiencing “very mild symptoms,” according to his office. He plans to quarantine through the week in his Brooklyn home and will work remotely while the Senate is in session, Roefaro said. “He greatly appreciates the protection the vaccine has provided him and encourages everyone to test regularly and get vaccinated and boosted,” the spokesman said.
Pam Hemphill is a former drug and alcohol counselor who has been sober for 42 years and helped thousands of addicts find sobriety.
Pam Hemphill is a 69-year-old grandma.
Pam Hemphill is a cancer patient.
And Pam Hemphill is going to prison for 60 days for walking into the US Capitol on January 6, 2021 and taking video. They say she was trespassing. A misdemeanor.The government wants to make sure Pam suffers for opposing the regime.
** Joe Hoft wrote about Pam on Monday.
On Monday night Pam told Greg Kelly on Newsmax TV that she’s scared. She’s never been to prison.
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