May 17, 2022

Mortgage Refinance Applications Dip 62 Percent as Rates Rise at Faster-Than-Expected Pace

Mortgage refinance demand dropped for the week ending April 8 according to the Mortgage Bankers Association (MBA), while it also expects refinance originations to drop by double digits in 2022. MBA’s Refinance Index slipped 62 percent for the week when compared to the same week a year back. The index was lower by 5 percent…

China Cuts Key Rates to Boost Slowing Economy

China lowered mortgage lending benchmark rates on Jan. 20, after data earlier in the week pointed to a darkening outlook for the country’s troubled property sector. The cut to the one-year and five-year loan prime rates (LPR) followed surprise cuts by China’s central bank on Monday to its short- and medium-term lending rates for the…

Brooks: Biden’s Not to Blame for Inflation Rates, ‘We’re in an Overheating Economy’

On Friday’s “PBS NewsHour,” New York Times columnist David Brooks argued that we have “an overheating economy” but President Joe Biden isn’t to blame for inflation. Brooks said, “I don’t think he’s to blame for the inflation rates. I think that’s mostly the supply chain issues and other things, and the fact that we have a booming…

George Soros is the 'common thread' linking cities with rising crime rates: Watters

Jesse Watters pinpointed the man behind rising crime rates in some of the country’s largest cities in his opening monologue Friday on “Tucker Carlson Tonight.” ARI FLEISCHER: CRIMINALS MAKING THE ‘RATIONAL DECISION’ TO MAKE THEIR MONEY IN CRIME JESSE WATTERS: The New York of the early 1990s is back, and it’s not just New York. […]

Exclusive — Report: Lockdowns Crippled State Economies, Reopenings Did Not Increase Case Rates

As it turns out, shuttering businesses, keeping children out of schools, and devastating economies with stringent lockdown measures is not the answer to keeping the Chinese coronavirus pandemic under control, according to a new study from the Beacon Center of Tennessee. The study, which Breitbart News obtained exclusively before its release, compared four states: Tennessee…

Fed raises interest rates again as unemployment nears record lows.

The Federal Reserve on Wednesday raised interest rates 0.25 points as the bank aims to prevent a tight labor market from driving inflation to unsustainable levels. The central bank raised the federal funds rate to a 1.75–2 percent target range, the second increase under Fed Chairman Jerome Powell. The Fed was widely expected to raise […]

Black, Hispanic unemployment rates hit record lows in April.

The unemployment rate for black workers hit the lowest on record in April, according to the latest jobs figures released by the Bureau of Labor Statistics Friday. The unemployment rate for black workers dropped to 6.6 percent, beating the previous record low of 6.8 percent set in December. The jobless rate for Hispanics fell to […]

Conservative Heritage Foundation Rates Trump’s First Year Better Than Reagan’s.

News Flash to Conservatives in the Republican Party – According to the Heritage Foundation President Trump did an amazing job in his first year in office – even better than conservative and American icon President Ronald Reagan! The New York Times reported that the conservative Heritage Foundation ranks President Trump as doing even better than […]

No, Obamacare’s Rising Rates and Evaporating Access Are Not Trump’s Fault

I’ve written about this issue a few times now, but the Left’s spin about Democrats’ terrible, deteriorating healthcare law — which Republicans have failed to replace, in spite of endless promises — is misleading and not credible.  As the story now goes, the reason why Obamacare premiums are soaring by double digits across most of […]

GOOD TRUMP: Trump Plans Huge Cut In Corporate Tax Rates.

President Trump is having no truck with half-measures when it comes to spurring the economy to grow: he plans to fight for reducing corporate tax rates from their current 35% to 15%. Trump is ignoring those who cavil that the federal deficit will grow substantially because of the reduced revenue accruing to the federal government, […]

Obama Hides Rising Murder Rates, and Hundreds of Dead Americans, in Criminal Statistics

President Barack Obama is claiming that murder rates are declining in Dallas, Los Angeles and nationwide, even though numerous sources of data shows a nationwide spike in murder since he launched his 2014 stigmatize-and-federalize campaign for the nation’s state and local police forces. “Over the last four or five years during the course of my […]

Surprise! Mass Murder Rates Fell Right Along with Communism – WATCH

Recent American celebrity fetishism with Cuba and its Potemkin Kardashian Villages is probably giving a lot of millennials the mistaken impression that communism is A-OK. As it is often difficult to communicate concepts to them in words, the good people at Human Progress have provided a nice, easy-to-understand picture: While the chart doesn’t mention communism, […]

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