A slowdown in the housing market is being identified as the primary cause of a significant increase in cancelled homebuyer contracts in the month of June.  Bloomberg Report Here and Redfin Report Here.  It would appear the inflated housing bubble has popped.

According to the data 60,000 home sales were cancelled while under contract in June, that represents 14.9% of all contracts cancelled by the buyer before the transaction closed.  If you take out the forced cancellations due to the pandemic, a 15% cancellation rate equals the highest monthly cancellation rate ever recorded.

The economy is contracting, economic activity and consumer purchases have stopped, and the contraction is now fast and sudden.

(Redfin) – Nationwide, roughly 60,000 home-purchase agreements fell through in June, equal to 14.9% of homes that went under contract that month. That’s the highest percentage on record with the exception of March and April 2020, when the housing market all but ground to a halt due to the onset of the coronavirus pandemic. It compares with 12.7% a month earlier and 11.2% a year earlier.

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Comrades, the professional moonbats went to Washington DC today to advance the Democrat position on baby killing.  However, UC Berkely Law School Professor, Khiara M. Bridges, claimed to be a victim of transphobic non-binary violence while being questioned about women and abortion.

After hearing Professor Bridges speak about “people with the capacity for pregnancy” in her testimony, Senator Josh Hawley attempted to understand exactly who Ms. Bridges was talking about because the Senate Judiciary hearing was assembled to discuss the legal consequences of the recent Supreme Court Dobbs decision on abortion.

Professor Bridges took exception to the line of inquiry suggesting that only women could get pregnant, and immediately accused Senator Hawley of conducting transphobic violence against her for asking questions without accepting her position that men can get pregnant.  WATCH:

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This is the modern political ideology of Democrats.   And leftists are puzzled, shocked and stunned about why so few people can relate to them anymore.

Violence that supports leftist ideology is called speech. Any speech that confronts leftist ideology is labeled violence.

The Democrat party really need to double-down on this approach.  It will be good for them, I promise.

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Appearing on GBNews with Dan Wootton, UK commentator Neil Oliver discusses and connects the Sri Lanka protests, the uprising in the Netherlands, and the aligned protests in Poland, Italy, Germany and much of the European continent.

As Oliver notes the pretorian guards for western politicians, aka the ‘western media’, are doing everything they can to ignore the global scale of the popular uprisings that are directly connected to the globalist agenda of the World Economic Forum and their Build Back Better orders to the western politicians.  The media ignore the issue until it reaches a point like Sri Lanka where it can no longer be ignored.  WATCH:

The Canadian trucker protests were targeted by Canadian Prime Minister Justin Trudeau in an effort to quickly stop the spread of any opposition to the globalist agenda. However, in the Netherlands the Dutch farmers have several distinct advantages in their ability to impact the life of ordinary Dutch people, as they refuse to become victims to the new global feudalism.

Like Sri Lanka, the Netherlands is a case study in raw people power, where the government is represented by a select few people.  The only thing keeping the Dutch from storming the politicians’ palaces and government buildings is a preference for polite society.  If that preference changes, and it might as people get more desperate, well, katy-bar the door.

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Two things about this report showing Rivian is planning layoffs for its workforce.

First, the larger ‘layoff‘ issue is going to be more prevalent as the economy contracts and consumer demand declines.  There is almost no expanded investment going into any Main Street business that sells non-essential goods.

The economic contraction, the drop in consumer demand that indicates a recession, is very real and now very easy to spot.

Second, Rivian is backed by the financing of Ford and Amazon and operates in California, Michigan and Illinois (three deep blue states).  Rivian is also the supplier for Amazon electric delivery vehicles having previously announced (in 2019) a deal to purchase 100,000 vehicles from Rivian.  Additionally, Rivian has lost 69% of its market value this year.

LA TIMES – Rivian Automotive Inc. is planning hundreds of layoffs to trim its workforce in areas where the electric-vehicle maker has grown too quickly, according to people familiar with the matter. […] The Irvine company, which has more than 14,000 employees, could target an overall reduction of around 5%, the people said. The layoffs are still in the planning stage, and nothing has been decided.

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You might have heard about an online grocery distribution center called Picnic in the Netherlands burning to the ground {LINK}.  The backstory of how the Picnic operation connects to the Dutch government is fascinating, and with context it looks like Picnic was targeted as part of the Dutch farmer protest.

In the Netherlands the government official who organized the regulations to take farmland from farmers and reduce their livestock is a politician named Christianne van der Wal-Zeggelink {wiki link}.  Mrs van der Wal-Zeggelink is the current Minister for Nature and Nitrogen Policy in the Dutch cabinet of Prime Minister Mark Rutte.

Minister Christianne van der Wal-Zeggelink and Prime Minister Mark Rutte are climate activists, so it makes sense that the “Minister of Nitrogen Policy” would be the person who would attempt to reduce nitrogen by targeting the farmers.  It is Mrs. van der Wal-Zeggelink who created the regulations that the farmers are protesting.

Now, stay with me… Christianne van der Wall-Zeggelink is married to Piet van der Wal, an heir to the wealth of the family who owns a supermarket chain called Boni. {citation} So, when Dutch farmers sell product to Boni they are directly funding the wealth of the government minister who seeks to destroy their livelihoods.

Additionally, when Dutch shoppers spend their money at the Boni supermarket they are funding the family of the government minister who is seeking to destroy the farmers who provide the food to the supermarkets.  Do the Dutch farmer blockades of the supermarkets and distribution centers make more sense now?

Here is where it gets interesting….  The supermarket chain Boni is one of a small group of four big investors in the online supermarket chain Picnic. {citation}  The van der Wal family was part of a group of investors in 2015 and 2019 who generated €450 million for the Picnic grocery operation.

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Michael LaRosa, the press secretary to Jill Biden and likely one of the inside people who suggested the first lady should compare Latino diversity to tacos, tweets an apology from the office [LINK]:

The apology comes on “Taco Tuesday”….

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It looks increasingly likely that Dr. Caitlin Bernard, the OBGYN who originally made the claim to the Indianapolis Star, lied about the 10-year-old child rape story in order to sell a sympathetic abortion narrative to the public.   An ideologically compliant and incurious media then promoted the false story, which led to Joe Biden repeating the story as part of his pro-abortion speech and executive action.   It’s Jussie Smollett all over again.

The Washington Post previously tried and failed to verify the story and wrote an article saying the only attribution for the claim comes from Dr. Caitlin Bernard {link}.  There is zero evidence the story is true, and considerable evidence the story was a complete hoax.  Including the lack of any police report and no documentation of any rape despite a legal responsibility to do so.

Now Ohio Attorney General Dave Yost is saying his office has no evidence of a raped ten-year-old child who was impregnated, including a request for lab results. Yost also noted that Ohio law would have allowed for an abortion in such a case.  First, the summary of the likely hoax.  WATCH:

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Below is the segment with Ohio AG Dave Yost:

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You might remember the manufactured media controversy that erupted when President Trump tweeted a picture of himself eating a taco bowl on Cinco De Mayo.  The media and left-wing moonbats went nuts, calling it a racist belittlement of the Hispanic community.

Well, today, someone convinced Dr. Jill Biden that it would be a great idea, a brilliant exhibition of her connection to the Latino community, for her to compare the diversity and unique nature of Latino’s to “breakfast tacos.”  Seriously folks, you just cannot make this stuff up.

But wait, it gets worse.  Mrs. Biden doesn’t even know how to pronounce the word “bodegas” as it was loaded into her teleprompter.  WATCH (05:44, prompted):

[Transcript] …”Raul helped build this organization with the understanding that the diversity of this community—as distinct as the bodegas of the Bronx, as beautiful as the blossoms of Miami, and as unique as the breakfast tacos here in San Antonio—is your strength.”

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That’s right America.  If you are black and don’t support Joe, “you ain’t black,” and if you are Latino and do not self-identify as a taco, well, you just might not be a democrat.

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The Liberal Democratic Party (LDP) of Japan, the party of current Prime Minister Kishida Fumio and former Prime Minister Shinzo Abe, has scored a major election victory.

The election was held only three days after Shinzo Abe was assassinated, and the results reflect the Japanese people giving Fumio the opportunity to cement the legacy of the man he replaced.   Prime Minister Abe was an advocate for reforming the Japanese pacifist constitution, which has not been modified or amended since 1947.

Current Prime Minister Kishida Fumio, the leader of the LDP, now has a super-majority in the upper house, controlling more than two-thirds of the seats.  Fumio will have this majority for at least three years and will be able to structure amendments to the Japanese constitution, a life-long ambition of Shinzo Abe who was a hawk to the influence of Chinese aggression in the region.

With the people supporting him, Kishida Fumio now has a major mandate to fulfill the legacy of Abe and keep a focus in the economic and security needs of the average Japanese citizen.  This is a rare moment of almost universal control within the Japanese political system.  Western media are writing the typeset with furrowed brows and gritted teeth.  Meanwhile, the Beijing dragon is fuming behind the panda mask.

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A quietly released study from the U.N. Human Rights Commissioner [See Here pdf] looking into allegations of war crimes conducted during the Ukraine -vs- Russia conflict, specifically looked into allegations of Russian military targeting a nursing home facility in the eastern region of Luhansk.

What the UN investigation revealed was that Ukraine military soldiers had intentionally used the nursing home as an active base to launch military strikes against Russian forces. The Associated Press was forced to reveal, “Ukraine’s armed forces bear a large, and perhaps equal, share of the blame for what happened in Stara Krasnyanka, which is about 580 kilometers (360 miles) southeast of Kyiv. A few days before the attack, Ukrainian soldiers took up positions inside the nursing home, effectively making the building a target.”

The issue of the Ukraine military, intentionally and with purposeful forethought, using civilian locations to embed their military units, highlights the inherent dangers associated with western propaganda during the conflict.  In fact, the effort to create civilian casualties seems more purposeful as a strategy to gain western media support and create stories that can be used to advance sympathy toward Ukraine, even if it means putting their own civilians in harm’s way.

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