Biden proposes whopping 45% capital gains tax rate, highest since 1922
Americans for Tax Reform, Released on 4/23/24 President Biden has formally proposed the highest top capital gains tax in over 100 years. Here is a direct quote from Continue…
Biden’s America: 40% Of Renters Think They’ll Never Own A Home, Up From 27% Last Year
Zero Hedge, Released on 4/23/24 Bidenomics 101: the American dream of owning a home has become the American nightmare for almost half the US population. As housing specialist Continue…
Middle Class Can’t Afford Homes In Nearly Half Of Top 100 US Metros, Study Finds
CreditNews (via Zero Hedge), Released on 4/19/24 According to a new study by Creditnews Research, in 2024, middle-class households could afford to buy an average home in just 52 of the country’s 100 largest metros. Continue…
The Black Swan Rears Its Head: The Fed Has Negative Capital Using GAAP Accounting
Wall Street On Parade, Released on 4/11/24 As of last Wednesday, according to Fed data, the Fed was sitting on $6.97 trillion of debt instruments it had predominantly Continue…
This is the real reason why the Fed is considering cuts this year
Markets & Mayhem – X, Released on 3/31/24 Interest paid on US government debt has hit $1.1 trillion over the last 12 months. This is the real reason why the Fed is considering cuts this year. 👀 pic.twitter.com/Disqvgjvuv — Markets & Mayhem (@Mayhem4Markets) March 31, 2024
‘Shark Tank’ Investor Barbara Corcoran Says Housing Prices Could ‘Go Through the Roof’ This Year
Chief Nerd – X, Released on 3/29/24 Full Video: https://t.co/jP7euQec8m — Chief Nerd (@TheChiefNerd) March 29, 2024
Sam Bankman-Fried sentenced to 25 years for multi-billion dollar FTX fraud
Reuters (via Yahoo), Released on 3/28/24 “He knew it was wrong. He knew it was criminal. He regrets that he made a very bad bet about the likelihood of getting caught. But he is not going to admit a thing, as is his right.” Continue…
New record wealth for the top 1%
Sven Henrich – X, Released on 3/25/24 New record wealth for the top 1%. Data as of Q4 2023. Q1 2024 will show further acceleration. Powell: there will be some painNarrator: Not for the top 1% pic.twitter.com/GGIGt8XXP1 — Sven Henrich (@NorthmanTrader) March 25, 2024