US Elections (& Politics) :)

Mortgage rates are already easing even though Fed rates remain at 4.5%

Why is that?

Supply and demand

Banks lowering rates because home sales have slowed
 
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Either the economy is strong and we shouldn't cut rates or the economy is going in the toilet and we should cut rates. You can't cut rates into a strengthening economy, it just doesn't make fiscal sense.

Trump claims the economy is booming
 
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Groceries are still going up. Autos are still going up. Toothpaste and most things you by made by P&G are going up.

Inflation

And what’s driving that now?

Tariffs

Wait till they fully kick in Sept/Oct
 
Groceries are still going up. Autos are still going up. Toothpaste and most things you by made by P&G are going up.

Inflation

And what’s driving that now?

Tariffs

Wait till they fully kick in Sept/Oct

Black is white, up is down - I guess it's time for the uni-party to start switching their roles as good cop, bad cop.

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Welcome aboard CNN - you losers are only a year late

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The problem is that what Banks and the Administration consider “good” for rates, conflict with what rates are good for YOU

We have different goals

Lower rates will benefit them, not you

We had rates at 0-2% from 2010-2022
Refer to the FRED chart below to see how that worked out


Corporate-Profit-Margins-and-Employee-Compensation-Q2.gif corpprofit1.jpg
 
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DOJ targets noncitizens on voter rolls as part of Trump election integrity push
Attorney General Pam Bondi has directed Department of Justice (DOJ) officials to probe election practices throughout the country as part of the Trump administration's efforts to crack down on federal election laws.

The DOJ's Civil Rights Division is largely leading the effort, which has involved seeking information from states about their election practices and voter registration lists, sometimes known as "voter rolls," and placing an emphasis on identifying any noncitizens on them.

"Election integrity starts with clean voter rolls. That's the foundation for secure elections," a DOJ source told Fox News. "There's been a culture of noncompliance from several states that don't keep their roles updated. This DOJ is cracking down."

(Excerpt) Read more at foxnews.com ...
 
Trump says he wants to 'release everything' related to Jeffrey Epstein
President Donald Trump on Friday night said he would like the federal government to "release everything" that it has on the disgraced, late financier and sex trafficker Jeffrey Epstein as long as innocents aren't hurt in the process.

The Trump administration has faced heavy backlash over its handling of the Epstein investigation, including its promise to release Epstein's alleged "client list," which it has since said does not exist. But Trump has pushed the Justice Department to provide more transparency on the matter.

Trump last month directed Attorney General Pam Bondi to release relevant grand jury testimony related to Epstein, but a judge in Florida denied the request saying that legal precedent doesn't allow it.

Deputy Attorney General Todd Blanche also interviewed Epstein's former associate Ghislaine Maxwell last week about her relationship with the deceased felon.

“I think [Blanche] probably wanted to know, you know, just to get a feeling of it, because we’d like to release everything, but we don’t want people to get hurt that shouldn’t be hurt,” Trump told Newsmax host Rob Finnerty. “I want to release everything. I just don’t want people to get hurt."

Trump reminded viewers that he has the right to pardon Maxwell if he decides to, but claimed no one has formally requested the pardon. Maxwell is currently trying to appeal her sex-trafficking conviction, for which she is currently serving a 20-year prison sentence.


Comment from another forum: It is possible Trump was in on busting Epstein and testified to the Grand Jury. That would be why he wants everything released. It will drive the MSM into a feeding frenzy and then it will become apparent he is the good guy and they will be so disappointed.
 
India and China say they will continue to buy Russian oil.
Grok says that if India decides to stop buying Russian oil due to potential penalties. The gas prices in US will increase by a $1 and upto $2 in Europe.

This in turn will increase the cost of global shipping and cascading effect is more inflation in addition to tariff induced inflation.
 
The sad thing is I'm sure that mental illness in this county is not just limited to an ex-teacher. There are probably millions who would claim they were traumatized, offended or genuinely butt hurt about a jeans commercial. We have a mental illness epidemic in this country.

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Trump says he wants to 'release everything' related to Jeffrey Epstein
President Donald Trump on Friday night said he would like the federal government to "release everything" that it has on the disgraced, late financier and sex trafficker Jeffrey Epstein as long as innocents aren't hurt in the process.

The Trump administration has faced heavy backlash over its handling of the Epstein investigation, including its promise to release Epstein's alleged "client list," which it has since said does not exist. But Trump has pushed the Justice Department to provide more transparency on the matter.

Trump last month directed Attorney General Pam Bondi to release relevant grand jury testimony related to Epstein, but a judge in Florida denied the request saying that legal precedent doesn't allow it.

Deputy Attorney General Todd Blanche also interviewed Epstein's former associate Ghislaine Maxwell last week about her relationship with the deceased felon.

“I think [Blanche] probably wanted to know, you know, just to get a feeling of it, because we’d like to release everything, but we don’t want people to get hurt that shouldn’t be hurt,” Trump told Newsmax host Rob Finnerty. “I want to release everything. I just don’t want people to get hurt."

Trump reminded viewers that he has the right to pardon Maxwell if he decides to, but claimed no one has formally requested the pardon. Maxwell is currently trying to appeal her sex-trafficking conviction, for which she is currently serving a 20-year prison sentence.


Comment from another forum: It is possible Trump was in on busting Epstein and testified to the Grand Jury. That would be why he wants everything released. It will drive the MSM into a feeding frenzy and then it will become apparent he is the good guy and they will be so disappointed.
The Left has been orchestrating much of this hysteria. Regrettably there are MAGA voters that are buying into it.
 
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The Left has been orchestrating much of this hysteria. Regrettably there are MAGA voters that are buying into it.

There seems to be disappointment by some or many MAGA voters. They fail to realize we are only 7 months into Trump's term. Name some great accomplishments by former presidents in their first 7 months in office. I'll sit back and enjoy the relaxing sound of crickets gently chirping.