illegal immigration crisis is contributing to lack of affordable housing in US

Article Title: Musk says illegal immigration crisis is contributing to lack of affordable housing in US
Snippet of Article: "...Billionaire Elon Musk weighed in on the economic impacts of illegal immigration in a series of posts on social media as he criticized the Biden administration's handling of the border crisis. Musk took to X to call out a variety of services and benefits that illegal immigrants have access to in the U.S. and argue they're contributing to the housing affordability crisis. A few other things you probably don't know: illegals in America can get bank loans, mortgages, insurance, driver's licenses, free healthcare (California, New York) and in-state college tuition, Musk wrote. What's the point of being a citizen if an illegal gets all the benefits, but doesn't pay taxes or do jury duty? If you're wondering why housing is so expensive, this is a major contributor..."

Source: www.foxbusiness.com

[tag] Root Causes of Inflation, The Democrat Years, Bidenomics, Housing affordability crisis, Destruction of Retirees, [/tag]

More Free Money (Your Tax Dollars) | President Biden Cancels Student Debt for more than 150,000 Student Loan Borrowers Ahead of Schedule

Article Title: President Biden Cancels Student Debt for more than 150,000 Student Loan Borrowers
Snippet of Article: "...President Biden announced the approval of $1.2 billion in student debt cancellation for almost 153,000 borrowers currently enrolled in the Saving on a Valuable Education (SAVE) repayment plan. The Biden-Harris Administration has now approved nearly $138 billion in student debt cancellation for almost 3.9 million borrowers through more than two dozen executive actions. ..."

Source: www.whitehouse.gov

More Reading: Presidential Spending Without Congressional Approval ; www.realclearpolicy.com

[tag] Social Security Poor vs. More Student Loan Forgiveness, Root Causes of Inflation, The Biden Years, Buying Votes in America, destruction of the working class, Executive Orders for federal funds, [/tag]

Bidenomics | US new home sales fall more than expected in October

Article Title: US new home sales fall more than expected in October
Snippet of Article: "...New home sales dropped 5.6% to a seasonally adjusted annual rate of 679,000 units last month, the Commerce Department said on Monday. September’s sales pace was revised lower to 719,000 units from the previously reported 759,000 units. ..."

Source: www.oann.com

[tag] Bidenomics,Home Sales (The Biden Years),American economy,30-year fixed-rate mortgage Oct. 2023,Root Causes of Inflation,Mortgage Rates Under Biden, [/tag]

Just a Little $9 Billion Tweak by Biden With Your Tax Money

Article Title: Biden will forgive $9B more in student loan debt with rule tweak
Snippet of Article: "“With the latest debt cancellation, in total, my administration has canceled $127 billion in student debts for nearly 3.6 million Americans.”...Biden has routinely touted such steps as he courts younger voters going into next year’s election...Joe Biden’s student loan bailout for the wealthy was already struck down by the Supreme Court. ...Biden’s desperate vote grabs won’t cover for sky-high inflation and failed economic policies."

Source: nypost.com

[tag] Buying Votes, Biden Election Tricks, Biden Legacy,Root Causes of Inflation, [/tag]

Bidenomics | West Texas Intermediate crude (WTI) Hits $90 a Barrel

Article Title:
Snippet of Article: "...Oil prices jumped on Thursday, with U.S. crude topping $90 a barrel, as expectations of a tighter supply grew. West Texas Intermediate crude (WTI) gained 1.6% to reach a high of $90.04 per barrel, touching its highest level since November 2022. Brent crude was up 1.5%, at $93.23, reaching a 10-month high. ..."

Source: twitter.com

[tag] Biden Energy Prices,Bidenomics,Biden Legacy,West Texas Intermediate crude (WTI),Root Causes of Inflation,Inflation,Biden Admins Attack om U.S. Oil Industry,Destruction of America, [/tag]

Surging oil prices: Blame Biden’s ‘put America last’ energy policies

Article Title: Surging oil prices: Blame Biden’s ‘put America last’ energy policies
Snippet of Article: "...gas prices will soon rise well above $4 a gallon nationally. These price hikes are like a multibillion-dollar tax on American families and drivers, with money going straight into the coffers of the OPEC nations and Russia. The Saudis and Vladimir Putin couldn’t have scripted it better. But there’s another villain here: President Joe Biden’s “put America last” war against our domestic fossil fuels. ..."

Source: nypost.com

[tag] Gas Prices,Root Causes of Inflation,Biden Legacy, [/tag]

Biden bucks Supreme Court to spend your tax dollars on student debt

Article Title: Biden’s Department of Education to cancel $39B in student loans
Snippet of Article: "...Republicans criticized the Biden administration for “fixing” the loan forgiveness plan just weeks after the Supreme Court overturned an earlier Education Department scheme to cancel $400 billion in student debt. “The Biden administration’s blatantly political attempt to circumvent the Supreme Court is shameful...The Biden administration is trampling the rule of law, hurting borrowers, and abusing taxpayers"

Source: nypost.com

[tag] Who Pays vs Who Gets Working Class Dollars, [/tag]

The Fed will be forced to surrender on rate hikes after SVB's failure

Article Title: The Fed will be forced to surrender on rate hikes after SVB's failure
Snippet of Article: "The Federal Reserve will be forced to end its interest-rate hikes following SVB's collapse, according to Mohamed El-Erian. ..."The immediate move in 2-year bonds points to the view that, by treating this as a systemic threat, the #Fed will also retreat from its #inflation battle," he added. ..."

Source: businessinsider.com

[tag] Federal Reserve, Interest-rate hikes,Root Causes of Inflation,Inflation, [/tag]

U.S. consumer spending posts biggest gain in nearly two years; inflation picks up

Article Title: U.S. consumer spending posts biggest gain in nearly two years; inflation picks up
Snippet of Article: "This report all but insures the Fed will continue on its rate hiking campaign for a lot longer than markets anticipated just a few weeks ago. Consumers boosted purchases of long-lasting manufactured goods like motor vehicles, household furnishings and equipment as well as recreational goods and vehicles. They also bought clothes. Goods outlays rebounded 2.8%. Spending on services was also strong, rising 1.3% as Americans frequented restaurants and bars. There were increases in spending on healthcare, recreation and transportation services. ..."

Source: yahoo.com

[tag] Consumer spending vs Inflation,Inflation,Root Causes of Inflation, [/tag]

Biden Administration | Times Square Billboard Says it All

Biden Administration | Times Square Billboard Says it All

The Job Creators Network (JCN) put up a new billboard in Times Square calling out the broken promises the Biden administration has made to small businesses. The ad comes on the heels of the passage of the boldly misnamed Inflation Reduction Act—which includes tax increases that will roll downhill to Mainstreet and an army of new IRS agents that will have small businesses in their crosshairs.

Source: www.JobCreatorsNetwork.com

President Biden announces $10,000 student debt forgiveness, payment pause

Article Title: President Biden announces $10,000 student debt forgiveness, payment pause
Snippet of Article: "Borrowers who earn less than $125,000 a year, or families earning less than $250,000, would be eligible for the $10,000 loan forgiveness, Biden announced. For those who also receive Pell Grants, which are reserved for undergraduates with the most significant financial need, the federal government would cancel up to an additional $10,000 in federal loan debt. “Both of these targeted actions are for families who need it the most..."

Source: www.pbs.org

[tag] Federal Employee News, Federal Civil Service, [/tag]