New ‘Twitter Files’ Bust Fauci for Lies, Hijacking White House Twitter Page

Luis Cornelio
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New ‘Twitter Files’ Bust Fauci for Lies, Hijacking White House Twitter Page

(Luis Cornelio, Headline USA) Dr. Anthony Fauci may have lied under oath during a 7-hour deposition and in cable news interviews when he denied ever using Twitter when asked about potential coverup in gain-of-function research in Wuhan, scathing evidence revealed Thursday. 

Disinformation Chronicle journalist Paul D. Thacker reported that in March 2021, an internal Twitter report showed that Fauci used the Twitter page of the White House COVID Response, directly contradicting Fauci’s sworn testimony that he had never used Twitter. Fauci cites his lack of Twitter knowledge as reason to dismiss online claims that the COVID-19 pandemic was caused by research in Wuhan. 

Fauci testified in December 2022 before Attorney General Jeff Landry, R-La., as part of Louisiana and Missouri’s lawsuit against the U.S. government and the Biden administration for allegedly colluding with Big Tech to muzzle speech. 

“Did you ever have any communications with anybody removing speech about the lab leak theory of the origins of the COVID from social media platforms,” asked then-Missouri Solicitor General D. John Sauer according to the transcript of the deposition reviewed by Headline USA.   

“I don’t have an account,” Fauci said during the deposition, noted Thacker. “I don’t tweet. I don’t pay attention to social media. I wouldn’t know how to access a tweet if you paid me.” 

“You know, I’m so dissociated from social media,” Fauci said earlier in the deposition.  “I don’t have a Twitter account. I don’t do Facebook. I don’t do any of that, so I’m not familiar with that. I’ve never gotten involved in any of that.” 

Fauci’s sworn testimony, however, appears to be directly contradicted by Thacker’s findings. “Dr. Anthony Fauci did an account takeover for @WHCOVIDResponse,” the Twitter memo first unveiled by Thacker showed.

In similar statements to Fox News’s Neil Cavuto, Fauci denied ever using Twitter.  

“I have no idea what he’s talking about—I wish I did,” responded Fauci in reference to a tweet posted by Elon Musk saying “Prosecute/Fauci.”

“A lot of people are spouting out a lot of things about me in Twitter,” Fauci said. “I’ve never had a Twitter account. I don’t intend on having a Twitter account, and I’ve had nothing to do with Twitter. So, I don’t know what they’re talking about when they say that. I’m puzzled.”

A second tweet found by the Twitter Files journalist confirmed that Fauci did indeed use Twitter for an account takeover. “Hear directly from our public health experts as they take to Twitter to answer questions about COVID-19 and the vaccines,” an April 2021 tweet read. “Dr. Fauci will take over this account…” 

Thacker continued to expose Twitter’s effort to censor what they dubbed as “misinformation.”  

“Twitter’s monthly update also documented work they did with Johnson and Johnson on ‘messaging strategy’ to help market the pharma company’s COVID-19 vaccine—action that happened only months after Twitter began removing and labeling tweets that they deemed vaccine ‘misinformation,’ the journalist reported. “By the summer of 2021, Johnson and Johnson began a full court press, marketing multiple pharma products on Twitter.” 

The new findings come a day after former Director of National Intelligence John Ratcliffe testified under oath that Dr. Fauci likely covered up funding for gain-of-function research to avoid “unwanted attention.”

“Some of Dr. Fauci’s testimony is inconsistent with some of the intelligence that we have that remains classified as well as inconsistent with some information that is publicly available,” Ratcliffe told Rep. Nicole Malliotakis, R-N.Y., when asked on whether Fauci had lied on oath. 

See the full Twitter thread below:

Gas Prices Soar as Biden Energy Policies Batter Consumers

Dmytro "Henry" Aleksandrov
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Gas Prices Soar as Biden Energy Policies Batter Consumers

(Dmytro “Henry” Aleksandrov, Headline USA) The Biden administration’s failing domestic agenda and anti-independent energy policies have led to U.S. gasoline prices spiking to the highest level since the end of the last year.

According to Oil Price, the major source for oil and energy news, U.S. gasoline prices rose for the third week in a row, increasing $.076 per gallon from a week ago to $3.65 per gallon yesterday, reaching the highest level since November 2022.

GasBuddy data showed the national average for a gallon of gasoline is $.221 cents more than it was a month ago.

“With oil prices touching their highest level of 2023 at nearly $83 per barrel, the national average price of gasoline has continued to inch higher, with 45 of the nation’s 50 states seeing prices rise over the last week,” GasBuddy’s head of petroleum analysis said on Monday.

“While the rising price of oil is likely the largest factor in rising gas prices, seasonal impacts continue to also exert pressure on prices.”

Making matters worse, the Biden administration has drained the U.S. strategic petroleum reserve to record low levels, triggering economic pain and presenting a growing natural security threat.

“The SPR is at a 38-year-low (lowest since 1984) because the Biden Admin. continues tapping it to artificially lower costs when they should instead unleash domestic energy production,” wrote Rep. Jeff Duncan, R-N.C. “Depleting our strategic oil reserve is weak & shortsighted. Energy security=national security.”

The economic pain at the pump is predicted to get especially worse for northeastern states.

“With the Northeast making the final step in the transition to summer gasoline this week, states in that region should expect a sharp rise in gasoline prices over the next week or two,” GasBuddy said.

“Oil prices remain a wildcard, but we’re likely a few weeks away from seeing the national average peak. Whether it hits $4 per gallon or not is still perhaps a 50/50 chance.”

Headline USA’s Mark Pellin contributed to this report

BuzzFeed News Shutters Operations

Dmytro "Henry" Aleksandrov
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BuzzFeed News Shutters Operations

(Dmytro “Henry” Aleksandrov, Headline USA) BuzzFeed News is shutting down after spreading leftist propaganda for over a decade after its launch in 2012.

According to the Daily Wire, Jonah Peretti — BuzzFeed CEO and founder — announced the closure to staff on Thursday as part of a plan to cut BuzzFeed staff by 15%. Employees from business, content, tech and administration teams will be fired. Chief Revenue Officer Edgar Hernandez and Chief Operating Officer Christian Baesler are also going to leave.

“It might not feel this way today, but I am confident the future of digital media is ours for the taking. Our industry is hurting and ready to be reborn. We are taking great pains today, and will begin to fight our way to a bright future,” Peretti said in a memo to the staff.

The Daily Wire reported that 60 people will be affected because of BuzzFeed News’ closure. Around 12 of those people will continue working at BuzzFeed.com and the Huffington Post, another of BuzzFeed’s subsidiaries.

Peretti stated that the vast majority of BuzzFeed’s reporting will now be done under The Huffington Post, a leftist outlet with “a highly engaged, loyal audience that is less dependent on social platforms.”

“I made the decision to overinvest in BuzzFeed News because I love their work and mission so much. This made me slow to accept that the big platforms wouldn’t provide the distribution or financial support required to support premium, free journalism purpose-built for social media,” Peretti said.

“I regret that I didn’t hold the company to higher standards for profitability, to give us the buffer needed to manage through economic and industry downturns and avoid painful days like today. I’ve learned from these mistakes, and the team moving forward has learned from them as well.”

In 2021, BuzzFeed News received one woke Pulitzer Prize for reporting on the oppression of Uyghur Muslims in China’s Xinjiang province.

The news division also became infamous as the first “news” outlet that published the Steele Dossier — a propaganda tool that was funded by the Hillary Clinton campaign to smear Donald Trump.

SpaceX Giant Rocket Explodes Minutes after Launch from Texas

Wire Editor
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SpaceX Giant Rocket Explodes Minutes after Launch from Texas

(Headline USA) SpaceX’s giant new rocket exploded minutes after blasting off on its first test flight Thursday and crashed into the Gulf of Mexico.

Elon Musk’s company was aiming to send the biggest and most powerful rocket ever built on a round-the-world trip from the southern tip of Texas, near the Mexican border. The nearly 400-foot Starship carried no people or satellites.

SpaceX later said multiple engines on the 33-engine booster were not firing as the rocket ascended, causing it to lose altitude and begin to tumble. The rocket was intentionally destroyed by its self-destruct system, exploding and plummeting into the water.

Instead of a best-case-scenario 1 1/2-hour flight with the spacecraft on top peeling away and taking a lap around the world, the whole thing lasted four minutes. The rocket reached a maximum speed of about 1,300 mph and as high as 24 miles, before going sideways and dropping.

Throngs of spectators watched from South Padre Island, several miles away from the Boca Chica Beach launch site, which was off-limits. As Starship lifted off with a thunderous roar, the crowd screamed: “Go, baby, go!”

Musk, in a tweet, called it “an exciting test launch of Starship! Learned a lot for next test launch in a few months.” SpaceX termed it a “rapid unscheduled disassembly.”

In the weeks leading up to the flight, Musk gave 50-50 odds that the spacecraft would reach orbit. He stressed that clearing the launch tower and not blowing up the pad would be a win.

“You never know exactly what’s going to happen,” said SpaceX livestream commentator and engineer John Insprucker. “But as we promised, excitement is guaranteed and Starship gave us a rather spectacular end.”

At liftoff, the rocket kicked up huge plumes of sand and dust around the pad. In Port Isabel, about 10 miles away, particles covered cars and other surfaces. The only other report, said John Sandoval, assistant to the city manager, was a shattered window at a local business. “Yes, it shook, rattled and rolled,” he said of the rocket.

The Federal Aviation Administration said it would oversee the accident investigation, noting that no injuries or public property damage were reported. The agency also said that until it determines that there is no threat to public safety, Starships are grounded.

SpaceX intends to use Starship to send people and cargo to the moon and, eventually, Mars. NASA has reserved a Starship for its next moonwalking team, and rich tourists are already booking lunar flybys.

Despite the abbreviated flight, congratulations poured in from NASA chief Bill Nelson and others in the space industry. Retired Canadian astronaut Chris Hadfield tweeted, “Huge accomplishment, huge lessons, onwards to the next attempt.”

“It fell somewhere between a small step and their hoped-for giant leap, but it still represents significant progress toward a reusable super-heavy lift rocket,” University of Chicago’s Jordan Bimm, a space historian, said in an email.

At 394 feet and nearly 17 million pounds of thrust, Starship easily surpasses NASA’s moon rockets — past, present and future. NASA successfully launched its new 322-foot moon rocket last November on a test flight, sending the empty Orion capsule around the moon.

The stainless steel Starship rocket is designed to be fully reusable with fast turnaround, dramatically lowering costs, similar to what SpaceX’s smaller Falcon rockets have done soaring from Cape Canaveral, Florida. Nothing was to be saved from this test flight, with the spacecraft — if all had gone well — aiming for a watery grave in the Pacific near Hawaii.

The futuristic spacecraft flew several miles into the air during testing a few years ago, landing successfully only once. But this was the inaugural launch of the first-stage booster with 33 methane-fueled engines.

SpaceX has more boosters and spacecraft lined up for more test flight; the next set is almost ready to go. Musk wants to fire them off in quick succession, so he can start using Starships to launch satellites into low-Earth orbit and then put people on board.

It was the second launch attempt. Monday’s try was scrapped by a frozen booster valve.

Jason and Lisa Flores drove down from Corpus Christi to watch the launch with their daughter, and noticed something was amiss.

Lisa Flores cried seeing the liftoff and then realized, “It’s not working out the way it was supposed to.”

Elizabeth Trujillo, 13, wearing a “Star Wars” shirt and carrying toy binoculars, skipped school to see the launch from the beach with her mother and other relatives. The crowd cheered when Starship cleared the tower.

Despite the failed attempt, “it was worth it,” said Jessica Trujillo, Elizabeth’s mother. “Just hearing and seeing the view, the excitement of the crowd, it was priceless.”

“Practice makes perfect. They just got to practice some more,” she added.

Adapted from reporting by the Associated Press

Soros-Backed DA Faces Contempt of Court Charge for Refusing to Show Up at Murder Trial

Contributing Author
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Soros-Backed DA Faces Contempt of Court Charge for Refusing to Show Up at Murder Trial

(Headline USA) Kim Gardner, the Soros-backed district attorney in St. Louis, Missouri, could be held in contempt of court after no one in her office appeared for a murder trial.

Judge Scott Millikan filed a motion against Gardner this week, blasting her for her failure to show up in court for the trial of Jonathan Jones, 18, who is accused of fatally shooting a man in 2021. As a result of Gardner’s absence, the trial of Jones has been delayed for more than a week.

“This conduct thwarts and defeats the authority of the Circuit Court of the City of St. Louis,” Millikan wrote, demanding that Gardner provide a legitimate justification for her absence.

If Gardner fails to show just cause, Millikan could force her to pay a fine or even put her behind bars.

This is not the first time Gardner has neglected her prosecutorial duties. In 2021, her team also failed to show up in court for at least three murder trials, which led to the cases being dismissed.

The contempt order will likely help Missouri Attorney General Andrew Bailey in his efforts to remove Gardner from office. In February, he filed a writ of quo warranto against Gardner, the legal action allowing him to remove a prosecutor under state law.

“As Attorney General, I want to protect the people of St. Louis, and that includes ensuring prosecutors protect the public,” Bailey said in a statement at the time. “We gave Circuit Attorney Gardner the chance to do the right thing and resign, she has refused to do so, and my office filed a quo warranto at 12:01 PM to remove her from office immediately.”

Bailey cited several cases in which Gardner’s refusal to uphold the law has harmed St. Louis residents. In one case, a repeat bond offender ran over a teenage girl with his car, leading to both of her legs being amputated.

“The quo warranto points out that Ms. Edmonson’s injuries are the direct result of years of willful neglect from Circuit Attorney Kimberly M. Gardner. As the Circuit Attorney, Respondent is morally, ethically, and legally responsible for the conduct of her office,” Bailey said. “For years, the Circuit Attorney’s Office has failed to (1) prosecute cases to resolution, (2) has failed to inform and confer with victims, and (3) has failed to even review and file cases submitted by the St. Louis Metropolitan Police Department.”

Fetterman Fumbles for Words on His First Day Back on the Job

Contributing Author
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Fetterman Fumbles for Words on His First Day Back on the Job

(Headline USA) Sen. John Fetterman’s return to the Senate this week following his hospitalization for clinical depression went about as well as expected.

The Pennsylvania Democrat, who suffered a stroke on the campaign trail last year, attempted to open a hearing for the Senate Agriculture Committee’s Subcommittee on Food and Nutrition, Specialty Crops, Organics and Research on Wednesday, but struggled to read his opening statement.

“Good lord. This dude is not remotely well or able to do this job. Embarrassing for Pennsylvania,” Outkick founder Clay Travis tweeted.

Reporter Savannah Hernandez added that she has “heard second graders with better reading abilities than this …This is just sad.”

Fetterman had been absent from the Senate since mid-February, when he was hospitalized for treatment for depression.

In a recent interview, Fetterman claimed that criticisms of his decision to run for the Senate in spite of his obvious cognitive challenges were the reason he fell into a depression.

One insult he heard on multiple occasions still appears painful for him to repeat: being called a “vegetable.”

“These kinds of personal things accelerated the depression,” he said, referring specifically to comments in which he was compared to a “vegetable.” Fetterman also admitted that his disastrous debate against Republican Pennsylvania gubernatorial candidate Dr. Mehmet Oz caused a “seismic” shift in his mental health.

“I’ll never forget the date. It was October 25,” Fetterman said. “I knew going into this debate that millions of people were going to be watching. And it wasn’t even just for Pennsylvanians watching, this would be kind of national … [it] would be living in history. But I was still in recovery from the stroke. It would be trying to run a marathon with a broken ankle.”

Democrats have been unwilling to criticize Fetterman. And even Sen. Rand Paul, R-Ky., this week came to Fetterman’s defense.

“I say: Lay off Fetterman’s health and talk about policy…There’s lots of material that doesn’t attack someone’s misfortune,” Paul tweeted.

Leftist Political Star Faces 17 Counts of Fraud

Abdul-Rahman Oladimeji Bello
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Leftist Political Star Faces 17 Counts of Fraud

(Abdul–Rahman Oladimeji Bello, Headline USA) Leftist star Andrew Gillum, who ran against Florida Gov. Ron DeSantis in 2018, is on trial for 17 counts of fraud allegedly committed during his run for governor.

The former Tallahassee mayor’s charges include allegedly pocketing campaign funds, illegally receiving gifts including theater tickets to “Hamilton,” and lying to FBI agents, Fox News reported.

Assistant U.S. Attorney Gary Milligan said Gillum still had hefty mortgage bills, had to pay his children’s private school tuition and was also making payments on two luxurious cars, when he resigned from his 6-figure job to focus on his political ambition. Milligan argued that Gillum used campaign funds to bankroll his lifestyle, which became hard for him to maintain. 

“This case is not about politics,” Milligan argued. “This case is about deceiving donors (and) stealing from his own campaign.”

According to the reports from Fox News, Milligan argued during the trial on Tuesday that the alleged corruption started when the Democrat’s campaign team reached out to undercover FBI agent Mike Miller who posed as a developer exploring projects in Florida’s capital seeking campaign donations.

Miller then made several donations that Gillum’s team funneled through P&P Communications, a PR agency owned by one of Gillum’s supporters. However, Milligan alleged that Gillum used his brother Marcus to make illegal contributions and did not work for the agency.

Defense attorney Margot Moss claimed Gillum’s position at P & P Communications was legitimate and that his brother’s involvement does not make him guilty. He argued that Marcus’s solicitation on his brother’s behalf was only to show support for the campaign. 

“Marcus says crazy things, Marcus says unbelievable things. But he is not Andrew Gillum,” the defense attorney said. “Marcus is all talk. That’s why they went to Marcus Gillum.”

Furthermore, Gillum allegedly lied to the FBI about a trip to New York where undercover FBI officials met him, his brother Marcus and lobbyist friend Adam Corey. Milligan said the secret agents lavished him with gifts during this trip. The gift included paid hotel rooms, theater tickets to Hamilton, meals and a boat tour around New York Harbor.

Gillum now faces 17 counts of wire fraud and a wire fraud conspiracy count. Each of these charges carries a maximum of 20 years behind bars. He also faces a charge of lying to the FBI, carrying a five-year maximum sentence. 

Alec Baldwin Skates in Fatal Shooting, Charges Dropped

Mark Pellin
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Alec Baldwin Skates in Fatal Shooting, Charges Dropped

(Mark Pellin, Headline USA) In the latest display of a two-tiered justice system that favors leftist activist pushing a regime agenda, prosecutors in New Mexico plan to drop an involuntary manslaughter charge against Alec Baldwin in the fatal 2021 shooting of a cinematographer on the set of the Western film Rust, the actor’s attorneys said Thursday.

“We are pleased with the decision to dismiss the case against Alec Baldwin, and we encourage a proper investigation into the facts and circumstances of this tragic accident,” Baldwin attorneys Luke Nikas and Alex Spiro said in a statement.

Baldwin had pleaded not guilty to the charge, claiming that he never pulled the trigger of the gun in a shooting that killed cinematographer Halyna Hutchins, and that the weapon discharged accidentally. An FBI forensic report, however, found the weapon could not have fired unless the trigger was pulled.

While Baldwin will reportedly walk free, charges are still moving forward against the film’s weapons supervisor, Hannah Gutierrez-Reed.

The decision to drop charges against Baldwin drew a swift and severe public backlash.

“When you’re a Democrat, they let you do it,” wrote Hunan Events editor Jack Posobiec.

“A perfect example of our corrupt, two-tier injustice system. If you’re a leftist who has literally killed someone, you’ll skate,” wrote Monica Crowley, a media commentator and Trump-era Treasury assistant secretary. “If you sneezed at the Capitol on January 6, you’re in solitary in the DC gulag. We cannot go on like this.”

EXCLUSIVE: Ohio Residents Plead to Stop Demolition of Uranium-Tainted Buildings

Ken Silva
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EXCLUSIVE: Ohio Residents Plead to Stop Demolition of Uranium-Tainted Buildings

(Ken Silva, Headline USA) The Department of Energy uses words such as “remediation,” “decommission,” and “deactivation” to describe what’s going on in the tiny Appalachian town of Piketon, Ohio—the home of a facility that was used to enrich uranium for nuclear bombs during the Cold War.

But Piketon residents say that the DOE is actively poisoning them. That’s because the DOE is conducting open-air demolitions of buildings tainted with enriched uranium, plutonium and other radioactive material, according to the residents.

Vina Colley, the president of Portsmouth/Piketon Residents for Environmental Safety, or PRESS, shared a letter with Headline USA that she wrote to President Joe Biden about the matter.

“Mr. President, while the world celebrates Earth Day this April, we in southern Ohio are struggling with fear and living with a deadly and invisible threat to our families and our lives. The plant is scheduled for open-air demolition, posing inevitable and undeniably hazardous consequences to our community,” Colley told Biden in her April 7 letter.

“In addition, while the Knolls Atomic Power Laboratory received a negative pressure tent and enclosed demolition, those in charge here are charging recklessly ahead with an open-air demolition of the Piketon plant, where plutonium has been proved to pass through the plant since 1955.”

The DOE, for its part, disagrees with Colley’s claims. The department did not respond to Headline USA questions about the matter, but its website color-codes the Piketon facility “green”—a marker for supposed environmental safety.

However, other people who lived and worked at Piketon’s Portsmouth Gaseous Diffusion Plant, or PORTS, agree with Colley—including Jeff Walburn, Charles Lawson, Dr. David Manuta and Dr. Michael Ketterer. Walburn and Lawson have investigated the matter for years—Lawson also recently discovered nuclear contamination in his house miles away from the Piketon facility—and Manuta was a former chief scientist there.

Ketterer, meanwhile, is a Northern Arizona University chemistry professor who has personally analyzed contamination levels in the air around Piketon.

Ketterer’s work led to the discovery in 2019 of the presence of enriched uranium and other radioactive material at Zahn’s Corner Middle School, which is about four miles northeast of PORTS. This forced the DOE to admit to having detected radioactive americium in the air monitor near Zahn’s Corner in 2017, sparking outrage in the community that the federal government had kept information about nuclear contamination from them for some two years.

Ketterer told Headline USA that while the poisoning of Piketon has been happening for decades, it has been exacerbated by the open-air demolition at PORTS, which started in 2021 with the demolition of the “X-326” building, which was where the highest grades of enriched uranium were produced.

“When the X-326 building demolition gets going in 2021… there are periods of time where there are very elevated concentrations of uranium in the air,” said Ketterer, who analyzed data from a high-volume air monitor on the property of Elizabeth Lamerson, who lives just east of PORTS.

Ketterer also said there is an unusually high level of man-made uranium in the air samples he’s analyzed.

“The point I’m getting at, is when they’re knocking down the 326, you can see it with increased uranium levels, as well as isotope compositions indicating that this is stuff coming from the building,” Ketterer said.

Video footage of the demolition from May 2021 shows why the contamination may be so widespread. Workers had apparently tried to cover the site with a rubber roof to prevent dust from escaping, but it was seen flapping in the wind like a kite—much to the surrounding residents’ horror.

The X-326 building demolition is largely finalized, but Colley said she saw parts from the demolition lying uncovered on the ground as late as last month.

Colley and others are concerned about the demolition of other buildings on the site, including X-705, which she said handled plutonium. PRESS’s letter to the Biden White House requests, among other things, to delay the demolition until it can be determined how plutonium passed through the plant since 1955 and, “especially, how much was processed in building X-705, where workers were exposed and contaminated.”

Officials have not responded to questions about what building will be demolished next, or when that will be. Headline USA understands that some buildings may be left standing to store nuclear waste.

In response to email questions, the Ohio EPA sent the following statement about the matter.

“The Department of Energy is the lead agency handing the demolition at this site. To ensure protection of human health and the environment during the demolition, there are multiple layers of air monitoring taking place at the site by Ohio EPA, Ohio Department of Health, and the U.S. Department of Energy. The air monitoring data can be reviewed here,” the Ohio EPA said.

“Ohio EPA is aware that the Portsmouth Gaseous Diffusion Plant in Piketon used reprocessed uranium at the site.”

Walburn and others have expressed dismay at the fact that the national spotlight has been shined on East Palestine, Ohio—the site of the recent toxic train derailment—while Piketon continues to be poisoned with impunity.

“You saw wreckage of a train, you saw an explosion, you saw fire, and you see dead fish. Nuclear material is silent, invisible, and it’s a deadly killer. And the chemicals being transported outside of the plant to the community are just as deadly, but you’re not seeing the explosion or fire,” he said.

“When do we get to come to the table, and present our documents at a state or federal hearing? When do we get that?”

Colley expressed similar sentiments.

“This community was sacrificed for the Cold War, and we’re still being sacrificed,” she said.

Ketterer, the scientist, agreed.

“The Department of Energy is just the most disgusting criminal fraudulent organization that I have ever encountered,” he said.

“They really don’t care about the people that live there. These people are politically powerless. There’s an attitude of contempt towards the people of Appalachia that shows through.”

Ken Silva is a staff writer at Headline USA. Follow him at twitter.com/jd_cashless.

Biden Claims Equity to Punish Americans w/ High Credit Scores, Subsidize Select Homebuyers

Molly Bruns
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Biden Claims Equity to Punish Americans w/ High Credit Scores, Subsidize Select Homebuyers

(Molly Bruns, Headline USA) Starting on May 1, the Biden administration will be mandating higher mortgage rates and monthly fees for Americans with good credit scores and, in turn, rewarding favored citizens with lower credit scores and smaller down payments.

According to the Daily Wire, the White House made the loan-level price adjustments in the name of equity as federal officials attempt to appease radical race activists across the nation.

“The changes do not make sense,” senior loan officer at Bay Equity Home Loans Ian Wright said. “Penalizing borrowers with larger down payments and credit scores will not go over well. It overcomplicates things for consumers during a process that can already feel overwhelming with the amount of paperwork, jargon, etc. Confusing the borrower is never a good thing.”

Buyers with credit scores of 679 or below will receive lower fees and more favorable rates. Buyers with debt-to-income ratios over 40% will also be charged, despite protestations from the Mortgage Bankers Association.

“Most borrowers” seeking mortgages will see increases due to the changing of the fee structure.

Professionals working in the field roundly criticized the plan, explaining that the extension of the mortgage application process simply adds more pressure to an already falling housing market.

“It’s going to be a challenge trying to explain to somebody that says, ‘I worked my whole life for high credit and I’ve put a lot of money down and you’re telling me that’s a negative now?’ That’s a hard conversation to have,” one expert told the New York Post.

Even some Obama officials came out against the plan.

“It’s unprecedented,” David Stevens, Federal Housing Administration commissioner under President Barack Obama, told the Post. “My email is full from mortgage companies and CEOs [telling] me how unbelievably shocked they are by this move.”

The Biden administration continued to deny that the country is hurtling towards recession, despite abysmal reports from the Commerce Department, skyrocketing inflation and the failures of several large banks.

Regardless of the administration’s abject failure to control spending, the Washington Post made a desperate bid to spin the recession and boost Biden’s team.

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