JUST IN: Nearly 9 in 10 Americans over 65 support keeping Social Security benefits at current levels even if younger workers have to pay higher taxes. — Cato Institute
Did I just hear the WH press briefing question correctly? $2.7 TRILLION in improper Medicare/Medicaid payments to people overseas who weren’t entitled to the benefit?
This cannot be real.
The entire national debt is ~$36T, and you’re telling me that you sent checks for $2.7T to people overseas??
I am telling you right now, by the time we’re done with these audits, we will find at least $36T worth of waste, fraud and abuse.
The entire national debt is waste, fraud and abuse.
Ray Dalio just said the quiet part out loud.
"If you devalue the money, it makes everything appear to be going up."
The stock market boom is a lie…
What we're really witnessing is the death of the Dollar, not the growth of the economy.
99% of people have absolutely no idea.
Nearly 1.93 million Americans have been unemployed for at least 27 weeks, marking the third-highest share since the Great Recession, per Yahoo Finance.
The middle class is gone.
According to Fed data, the top 1% of Americans now control ONE-THIRD of all US net worth.
Since 2020, the top 1% have gained +$30 TRILLION in net worth, while the bottom 50% are worth just $4.3 trillion.
What is happening? Let us explain.
(a thread)
Long one:
My dad always used to tell me Wall St always had a “game” and they’d ride it until they rode it into the ground.
Wall St is a vampire. It sucks everything it touches dry.
So let’s look at the games the last 30 years
1996-2002 tech bubble. Implodes
2002-2008 housing bubble. Implodes.
2009-2020 QE/zero rates/bailouts. Implodes thanks to COVID.
2020-2022 COVID bubble: Fed prints $9 trillion/PPP loans. Large corporations bailed out. Implodes(inflation and a bear market)
2023-Current. AI bubble.
This one is still going but it looks long in the tooth.
You have to wonder what’s next after they suck the life out of AI.
One thing you can be assured of: The Wall St’s wizards will always find the next game.
The “games” may change but the result is always the same:
Pain and destruction and then Wall St will move on to its next victim.
Cheers
QE
Democrats just UNANIMOUSLY voted to reject Voter ID and a stock trading ban for Congress
It’s this simple. If Democrats are opposing Voter ID and stock trading it’s because they’re rigging elections and getting rich insider trading
Every one of them is treasonous and criminals
BREAKING 🚨: Housing Market
The largest mortgage lender in the United States, United Wholesale Mortgage, just fell to its lowest closing price in history after trading red for an 8th straight month, its longest losing streak ever! 📉 🏡
FLORIDA
HOW DID WE GET TO THE POINT THAT COUNTY AND CITY GOVERNMENT WORKERS MAKE $450,000 DOLLARS A YEAR, OF OUR TAX MONEY ??????
THIS IS ABSURD BEYOND REALITY...
STOP THE INSANITY...