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Bidenomics – Home Values Continue Dropping Quickly, Especially on West Coast – Meanwhile Rents Continue Increasing

As inflation bites the working-class hard, U.S. household savings rates continue dropping fast.  When combined with drops in home values the loss in home equity compounds the issue.  American families are getting poorer much more quickly under Joe Biden’s economic policies.

According to the Wall Street Journal home values dropped in August at their highest monthly rate of decrease since 2011 {link}.  In part this is driven by higher mortgage rates which are pricing home buyers out of the market.  However, the regional impact is worse on the west coast than east or southeast.

[…] The housing market has slowed abruptly this year due to a rapid increase in mortgage rates, which has raised borrowing costs for home buyers and pushed many prospective buyers out of the market. Existing-home sales fell for eight straight months through September. (link)

As noted in The Daily Mail review of a similar analysis: “It’s Northern California that leads the way, with San Jose experiencing a drop of 10.8 percent since September, followed by San Francisco at 8.5 percent, then it’s Seattle at 8.2 percent, Denver at 5.8 percent, San Diego 5.2 percent, Portland 5.1 percent, Las Vegas 4.8 percent and Phoenix at 4.4 percent.” (link)

What we are seeing is a confluence of events, generally brought about by the outcomes of larger Biden administration policy.  Massive increases in energy costs are the result of energy policy; those increases are fueling inflation from the supply side on food, fuel, electricity, home heating etc.  Simultaneously, Fed monetary policy is driving consumer demand down.  The recession debate continues amid the economic think-tanks while Main Street outcomes show we have been in a recessionary period all year.

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New York Supreme Court Orders Reinstatement of Employees Fired Over Vaccine Status with Back Pay

The New York Supreme Court has ordered reinstatement for all employees fired over their nonvaccinated status and ordered back pay for those who were unlawfully terminated from employment [Full pdf Ruling Here].

The state supreme court found that being vaccinated does not stop the spread of COVID-19, saying the vaccine mandate and firing of the non-compliant employees was “arbitrary and capricious.”  This is a strong rebuke to the totalitarian fiats created by state leaders including the state governor, mayor of New York City and health commissioner.

(SOURCE)

NEW YORK – The New York state Supreme Court has reinstated all employees who were fired for not being vaccinated, ordering back pay and saying their rights had been violated.

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Nigel Farage Gives His Perspective on New U.K Prime Minister Rishi Sunak

As expected, the poster boy for the World Economic Forum’s climate change agenda, Rishi Sunak, has been selected and installed by the British Conservative Party to be the U.K Prime Minister.

Earlier today, U.K. Brexit leader Nigel Farage gave his opinion.  WATCH:

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Media is Backing Away from Arizona’s Democrat “Valley Girl” Candidate Katie Hobbs

National media are backing away slowly from Arizona Democrat gubernatorial candidate Katie Hobbs, using her refusal to debate Republican candidate Kari Lake as the justification.  However, the reality behind the slow exit appears related more to the sheer “valley girl” ineptitude, than the debate decision.  Hobbs is a terrible candidate.

Despite her current role as Arizona Secretary of State, you only need to watch her efforts to present herself to an audience, any audience, to see the construct of a progressive political candidate who has no qualifications to run a state office.  More exposure only highlights the ineptitude.

A good example of the media’s current slow-exit position is represented in this exchange on ABC’s Good Morning America.  WATCH:

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If the Arizona election is a fair and honest election, Kari Lake should easily defeat Katie Hobbs.  Only the most die-hard progressive moonbat could consider Hobbs a qualified candidate for governor.  She’s really that bad.  Arizona Republicans, Independents and the remaining few intellectually honest Democrats need to ensure Vally Girl Hobbs does not achieve higher office.

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DOJ Charges Two Chinese Nationals with Obstruction of Justice in Huawei Telecommunications Case

President Trump and Commerce Secretary Wilbur Ross both raised serious concerns about the malign intents of Chinese nationals involved in the efforts of Huawei Telecommunications to infiltrate U.S. communication networks.

The Trump administration tried to block Huawei from involvement in the 5G telecommunications system in the United States claiming there were national security interests that could be compromised.

However, Washington DC politicians, and Canadian Prime Minister Justin Trudeau, both of whom were recipients of Chinese donations, defended the expansion efforts of Huawei and accused the Trump administration of “Asian hate.”

In the background, to reinforce a false political narrative surrounding the Asian hate theme, in 2021 the Biden administration removed the China initiative, an investigation of PRC influence in U.S. institutional systems, from the focus of the U.S. justice system.

Yet today, the Biden administration announced the arrest of two Chinese nationals, and the indictment of 11 more, for exactly what the Trump administration had feared:

(DOJ) In three separate cases in the U.S. Attorneys’ Offices for the Eastern District of New York and the District of New Jersey, the Justice Department has charged 13 individuals, including members of the People’s Republic of China (PRC) security and intelligence apparatus and their agents, for alleged efforts to unlawfully exert influence in the United States for the benefit of the government of the [People’s Republic of China] PRC. (more)

Court documents did not name the company; however, Reuters identifies the company as… wait for it…. Huawei:

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FBI and DOJ Switch Tactics, Now Claim 2022 Election is Vulnerable to Manipulation

With the majority of American voters now positioned to rebuke the political efforts of Joe Biden and federal Democrats, the narrative from the DOJ and FBI does a 180° reverse course.  The transparency of a corrupt and manipulative political justice system is beyond obvious.

  • ♦Old Message to support the 2020 Democrat vote initiatives (ballot harvesting, mail-in voting, precinct manipulation): The 2020 election was the most secure election in American history.
  • ♦New Message to support the Democrat 2022 vote initiatives: The 2022 election is not secure, subject to manipulation by disinformation and misinformation, and likely to encounter interference by domestic and foreign adversaries.

The transparency of the FBI/DOJ agenda is obvious.

15 days before the 2018 midterm election the FBI promoted a “MAGA mail bomber”, Cesar Sayoc case, claiming the suspect mailed “energetic material that could become combustible when subjected to heat or friction.”

15 days before the 2020 presidential election, the FBI promoted the Gretchen Whitmer kidnapping case, claiming a group of Michigan extremists were foiled in their plot to kidnap the Michigan Governor.  Inside the plot the FBI had used more than a dozen agents, informants and sources to literally construct the events and facilitate the claims.

Today, not coincidentally a repeat of 15 days before the 2022 midterm election, once again the FBI/DOJ is promoting an election interference narrative:

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Governor Ron DeSantis Endorses Senate Candidate Joe O’Dea, Who Vows to Campaign Against Donald Trump

A week ago, Colorado senate republican candidate Joe O’Dea said on CNN, “I don’t think Donald Trump should run again.” He quickly added, ” I’m going to actively campaign against Donald Trump and make sure that we have got four or five really great Republicans right now; Ron DeSantis, Nikki Haley and Tim Scott.”

President Trump blasted O’Dea the following day {link}.

Today, Florida Governor Ron DeSantis picked Joe O’Dea as his only 2022 endorsed senate candidate {link}, recording a robocall for O’Dea that says, “Hello this is Florida Gov. Ron DeSantis. America needs strong leadership and desperately. That’s why I’m endorsing Joe O’Dea for U.S. Senate. Colorado, please vote for Joe O’Dea.”

Keep in mind, Ron DeSantis is a governor who campaigns on his success as a governor and has been rallying exclusively for governor candidates.  However, despite not endorsing the republican candidate in the Colorado state race (Heidi Ganahl), Governor DeSantis went out of his way to support the only explicitly anti-Trump Senate candidate in 2022, Joe O’Dea.

When Paul Ryan endorsed Ron DeSantis, you could argue that DeSantis never asked for it.  When Jeb Bush endorsed DeSantis, again you could argue that DeSantis never asked for it. However, the transparency of DeSantis endorsing O’Dea who has stated his intent to actively campaign against any MAGA candidate… well, you can’t say that had nothing to do with DeSantis.

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Boris Johnson Announces He Will Not Seek Prime Minister Role, sets up WEF Groomed Rishi Sunak to Take Leadership Position

The moves are so predictable… {See Here}… well, it would be funny if the consequences were not so severe.

With Prime Minister Liz Truss announcing her resignation there was considerable discussion of former PM Boris Johnson returning to run for the job.  However, as an outcome of his conversations with other “conservatives” in British politics, Johnson has withdrawn his name.  This sets up… wait for it…. the World Economic Forum’s groomed U.K. climate change “conservative” to take the job.  This stuff is so predictable, it’s beyond funny.

(Via CBS) – Former British Prime Minister Boris Johnson said in a statement Sunday that he would not seek the leadership of the Conservative Party, leaving former Treasury chief Rishi Sunak as the frontrunner to take over after Liz Truss hastily announced her exit last week, after just 45 days at the helm. (read more)

Prime Minister Rishi Sunak together with King Charles III….  What could possibly go wrong?  LOL

Sometimes people make fun of me for cementing my views in the reality of a big picture perspective.  I don’t care.  It’s not a conspiracy theory to see how the alignment of western leadership interests are shaped by the control of the people and institutions who manipulate the illusion of choice.

Liz Truss was dispatched because she dared, in the smallest way, to accept the reality of what created the ‘Build Back Better‘ U.K. economic crisis.  She was always going to be replaced by someone who was willing and able to retain their fullest devotion to the grand pretense.  That’s where Rishi Sunak steps in.  Please watch the video below, you’ll see:

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Sunday Talks, Kari Lake Describes the Ongoing and Escalating Arizona Border Crisis, 227,547 Illegal Aliens in September Alone

Appearing with Maria Bartiromo on Sunday Morning Futures {Direct Rumble Link Here), Arizona gubernatorial candidate Kari Lake describes the specific interests to Arizona ahead of the November election.

Mrs. Lake describes the ongoing and escalating border crisis driven by Joe Biden’s open border policies, including expanded drug running, human smuggling and escalating crime, evil outcomes of unlawful immigration.  WATCH:

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Captured illegal border crossers, illegal aliens, were 227,547 in September 2022 at the U.S. border with Mexico. That’s the third-highest month of Joe Biden’s presidency and was up 11.5% from 204,087 in August, and 18.5% higher than the 192,001 in September 2021.

In the fiscal year that ended Sept. 30, 2.38 million illegal aliens were encountered, up 37% from 1.73 million the year before.  The 2022 annual total surpassed 2 million for the first time in August and is more than twice the highest-level during Donald Trump’s presidency in 2019.

CONTEXT – Keep in mind when 60,000 illegal aliens crossed in 2014, DHS Secretary Jeh Johnson declared a state of emergency and asked congress for $4 billion in emergency funding.  In September 2022 alone, 227,547 illegal aliens crossed.

Nearly 78,000 migrants from Venezuela, Cuba and Nicaragua were stopped in September, compared to about 58,000 from Mexico and three countries of northern Central America that have historically accounted for most of the flow.

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Lee Smith Nails a Key Point, The Fourth Branch of Government and Media Operate Together

Lee Smith makes an important point in this brief podcast excerpt. {Direct Rumble Link Here}  We have outlined his point on these pages for several years.

Essentially, the point Lee Smith drives home is how the U.S. Corporate Media, and the Big Tech monopolies, are the front force of the new national security and intelligence state.  It is a relationship that extends far beyond the customary leanings of media, and now covers a full synergistic relationship.  WATCH:

“We’re all familiar with the fact that the press has historically leaned to the left. That’s not what we’re looking at now. We’re looking at something very, very different. We’re looking at the press as being a part of the intelligence community. They are the ones who is putting these operations out there.”

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The New York Times and Politico are the public relations firms for Main Justice, the DOJ and FBI.  The Washington Post handles the needs of the Intelligence Community (IC) and the Central Intelligence Agency.  Meanwhile CNN is managed by the needs of the U.S. State Dept.   These direct relationships have been discussed here for several years.

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