Odds & Ends

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Bidenomics also known as Obamanomics, at work.  Homebuyers need to earn 80% more than in 2020 to afford a house in this market. It’s not just due to high mortgage rates. Factors beyond high mortgage rates are affecting housing affordability for many Americans, according to experts.

Almost four years ago, a household earning $59,000 annually could afford a new mortgage without spending more than 30% of their monthly income and with a 10% down payment, according to a recent report by Zillow Group. That is no longer the case today.

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The TikTok Ban Law   

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Some people may be aware that the House recently passed, with bipartisan support, HR7521 which would ban TikTok in America because “of Chinese influence.”  The hysteria that has been generated in this country over this app is unreal.  This bill represents the most far-reaching attempt at censorship in the history of America.  This attempt to ban TikTok is just another step toward ending freedom of speech in this country.

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Actual State of the Union

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Retired Colonel Douglas Macgregor delivers a scathingly accurate response to Joe Biden’s 2024 State of the Union address.  I cannot emphasize the value of these remarks strongly enough.  MacGregor hits all the nails on the head without once denigrating any individual.  This is well worth ten minutes of your time.

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Odds & Ends

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During a recent appearance on the FOX Business Network, Biden Treasury Secretary Janet Yellen said that she regrets her previous claim that inflation was transitory.  Yellen said, “Most forecasters believe we’re on a path where inflation will come down over time.”  Just who are these forecasters?

Any economist worth his salt would tell you that inflation is going to head upward.  Yellen wanted to say that housing costs flattening will stop inflation.  Hogwash!  The cost of oil products (gasoline, diesel, etc.) are headed up again.  Unleaded regular gasoline has risen over ten percent during the last three months. ... 

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J6 Committee Oversight Report

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Washington is a master class in deception and the generation of smoke screens to distract the public from negative news on DC pols particularly but not exclusively Democrats.  The House Subcommittee on Oversight recently released a report on the J6 Select Committee which is damning in its conclusions.

If the Democrats had released something similar to this about PDJT and his administration, it would be featured news 24/7.  The narrative would be how PDJT was Hitler and the Republicans were an existential threat to democracy.  How much of this have you seen in Big Media?  And we all know why that is.

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