FINANCE
More than a Quarter of Homeowners in U.S. Are ‘House Poor’
(By Brett Rowland, The Center Square) Nationwide 27.4% of homeowners are considered "house poor," meaning they spend more than 30% of their income on housing costs.
However, in some U.S. cities, far more Americans are living beyond their means, according to research from the U.S. Chamber of Commerce. In Hialeah,...
Fitch Warns of Recession, Downgrades US Credit Rating: CNN Blames Trump
(Mark Pellin, Headline USA) On the same day when a politically-weaponized Biden Justice Department indicted former President Donald Trump for alleged crimes related to the J6 Capitol protests, one of the world’s top credit rating agencies announced that it had downgraded the United States.
Fitch Ratings dunked the U.S. spending...
Commerce Dept. Threatens Small Businesses w/ Mafia-Made Warning
(Mark Pellin, Headline USA) Part and parcel of the Biden administration’s relentless push of a radical green energy, climate alarmist agenda, a Republican lawmaker claimed the Commerce Department is using a taxpayer-funded survey to threaten small businesses into regime compliance.
“I rise today to condemn the bullying and threatening of...
Teamsters Union Boss Smears Yellow Trucking after Driving It into Ditch
(Mark Pellin, Headline USA) Despite learning months ago that the Teamsters’ refusal to negotiate with management would plunge Yellow trucking into terminally dire straits, leftist labor union bosses on Monday tried to blame the company for its collapse and potential loss of 30,000 jobs, despite the union remaining entrenched...
Oregon Ends Unjust Corporate Activity Tax on Precious-Metals Dealers, Investors
(Sound Money Defense League) With the stroke of her pen, Oregon Gov. Tina Kotek put an end to the state’s punitive corporate activity tax (CAT) as applied to precious-metals dealers---and, ultimately, to gold and silver investors, effective in 2024.
Supporting the efforts of in-state small business owners, the Sound Money...
Why EVs Are ‘Piling Up’ at Dealerships, Despite Massive Taxpayer Subsidies
(By Jon Miltimore, FEE) Ford Motor recently announced it is slashing prices on its F-150 Lightning, an electric vehicle the company rolled out in 2021.
The Lightning now carries a suggested retail price of $49,995, about $10,000 lower than its previous recommended price tag ($59,974), a reduction the company says...
British Bank Execs Face Fallout, Resignations for Canceling Brexit Leader’s Account
(Headline USA) The chief executive of Coutts Bank, long known as the bankers for Britain’s royal family and nobility, has stepped down amid the furor surrounding populist politician Nigel Farage’s complaints that his account was closed because of his political views.
It follows an alarming trend among in which many...
DOJ Drops Campaign-Finance Charge against Dem. Mega-Donor Sam Bankman–Fried
(Ken Silva, Headline USA) Federal prosecutors in the Sam Bankman--Fried case said Wednesday that they were dropping the campaign-finance charge against "SBF"—sparking uproar among critics who said the move was designed to suppress information about the crypto-fraudster’s political donations, which were mostly made to Democrats.
The development in the Southern...
Dissident COVID Doctor De-Banked by Chase
(Ken Silva, Headline USA) Noted COVID-19 vaccine critic Dr. Joseph Mercola's bank accounts have been deactivated by JP Morgan Chase bank in a move that previews what a dystopian central bank digital currency system will look like.
“JP Morgan Chase Bank suddenly informed me they are closing all of my business accounts,...
Congress FINALLY Investigating Jeffrey Epstein’s Finances
(Ken Silva, Headline USA) After keepings its head in the sand for years, Congress is finally investigating matters related to millionaire pedophile Jeffrey Epstein, according to Senate Finance Committee Chairman Ron Wyden, D-Ore.
Wyden revealed the ongoing investigation Tuesday when he released an open letter to former Apollo Global CEO...
GLEASON: Will Fed’s New Digital Payment System Pave Way for Social Engineering?
(Stefan Gleason, Money Metals Exchange) Last week, the Federal Reserve launched a new payment processing system dubbed "FedNow."
Officials say FedNow will allow individuals and businesses to initiate instant funds transfers between banks. Critics warn that FedNow could be a prelude to central bank digital currency (CBDC) that threatens financial privacy...
Disability Claims Are Increasing at a Record Pace Under Biden. Why?
(By Jon Miltimore, FEE) Despite the many economic challenges people are facing today, including stubbornly high inflation and 401ks that are still reeling from the worst stock market drop since 2008 , many contend that we’re witnessing the triumph of “Bidenomics.”
The White House has been touting statistics showing 13.2 million jobs have been created during the...
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