Home prices were up 19.2% in January according to the S&P CoreLogic Case-Shiller index. It is extremely difficult for Millennials and Gen Z to enter the housing market, as homes today cost 75% more than they did in 1987 – and that’s just when the index first began tracking prices. The agency addressed the problem the youth are facing:
“While the re-acceleration of home price gains may be concerning and likely discouraging for first-time and younger buyers, it is nevertheless unsurprising considering the dire inventory of for-sale homes, which continues to decline and continually record new lows. Additionally, with mortgage rates jumping to three-year highs, existing homeowners now have little incentive to sell and buy a new, more expensive home with a higher mortgage rate. As a result, homebuyers that remain in the market are once again faced with a very competitive buying environment.”
The pandemic, coupled with extremely low rates, spurred this buying frenzy. Cumulatively, home prices across the US rocketed 31% since March 2020. Although rates are rising and mortgages hit nearly 5% last week, there is no indication of demand declining significantly. The age of remote work has allowed people earning New York-level salaries to relocate to areas with lower tax rates and less crime. It has become a new form of gentrification in the age of corona.
Home prices are soaring everywhere as the supply cannot meet the demand. Some areas have far surpassed 19.2% increases. The 10-city composite is 33% higher than during the peak in 2006, and the 20-city composite rose an astounding 40%. America is looking at a housing crisis if inflation does not wane and risks a generation becoming reliant on rentals and more likely to delay having families.
Armstrong Economics Blog/Politics Re-Posted Apr 18, 2022 by Martin Armstrong
The plot behind Ukraine is far deeper than anyone is willing to talk about publically. Yanukovich was corrupt and his sons were acting like a protection racket. Yanukovich was keen on joining the EU but the treaty had a clause in there that would have put Ukraine in NATO through the backdoor. Ukraine would have to comply will all the rules and regulations of NATO without formally being admitted. Worse still, Ukraine was to trade exclusively with the EU when Russia was its main trading partner and its fuel came from Russia. This was the first attempt by the West to bring Ukraine into NATO.
That is why Yanukovich backed out and that is what began the whole uprising. To appease the protestors, Yanukovich agreed to early elections in nine months. This is where the US Neocons were hard at work to actually see the uprising as an opportunity and they wanted to install their own people. That was all in the leaked phone call of Victoria Nuland.
Zelensky was elected with overwhelming support to create peace which was exactly OPPOSITE of the objectives of the American Neocons. The Ukrainian Nationalists (Nazis) threatened to kill Zelensky if he pushed for peace with Russia. Zelensky did a political flip-flop and yielded to the Nazi movement. Reliable sources insisted that the Nazis threatened to kill Zelensky to prevent any peace with Russia.
Don’t forget McCain and Lesley Graham even addressed the Ukrainian Nazis promising them to support back in December 2016 after Trump was elected, but before he was sworn in. The Neocons were hard at work to ensure that there would be no peace with Russia.
The entire Russiagate has been discredited but we must understand the reality of international relations. Hillary, who is a Neocon and was friends with John McCain to the point he is the one who handed the fraudulent Steel Dossier to James Comey at the FBI, was instrumental in the failed takeover of Russia by the bankers blackmailing Yeltsin and interfering in the 2000 election which brought Putin to power. Hillary clearly concocted the whole theory that Trump was a puppet of Putin. The Neocons even spun the story that Putin was ex-KGB and that meant he wanted to resurrect the old Soviet Union which was also a lie.
With the seriousness of these actions, we are now heading into war over fake news. Obama had refused to provide military aid to Ukraine and the entire Russiagate was to box in Trump who was then advised to provide military weapons to Ukraine to prove he was not a puppet of Putin. It was the Neocons who were trying to push Trump into an eye-to-eye confrontation.
What Kennedy did to the Neocons was reject their advice and in the Cuban Missle Crisis, this resulted in a monumental shift in US-Russian relations. It forced both parties to realize that they needed each other and that confrontation was not the answer. The Neocons disagreed. This probably cost Kennedy his life. I believe the Neocons had him killed and Oswald was hinted that he was somehow connected to Russia. The CIA refused to release the files and the only reason is to hide the fact that the Neocons took out Kennedy.
Before he died, Robert McNamara (1916 – 2009) was a leading Neocon that pushed the country into the Vietnam war. He was famous for saying: “I learned early on never answer the question that is asked of you. Answer the question that you wish had been asked of you. And quite frankly, I follow that rule. It’s a very good rule.” McNamara finally admitted that they were wrong particularly in their assessment of Russia as a threat. The perception that Russia is a threat is still dominating the agenda today and there is absolutely no attempt to create world peace.
By creating Russiagate, the main objective was to prevent Trump from working any peace deal with Russia. That was the same objective of McCain and Graham running to Ukraine now that Trump was elected to promise aid to the Ukrainian Nazis to keep up their war against Russians. Can you imagine if the Cuban Missile Crisis took place during the Trump Administration, the Neocons would have been in their glory warning Trump any peace deal would confirm he was just a puppet of Putin. That would have e guaranteed war – not peace. This was the strategic move – a checkmate against Trump seeking peace as did Kennedy.
Reliable sources also claim that the transcript of the phone call between Trump and Zelensky that was used for impeachment was not the full conversation. Trump had assumed that Zelensky was serious about peace and would have supported that decision. But this would have been seen as making Trump the puppet of Putin. This scenario was vital to prevent peace and eventually put the pieces in place for the war that now clouds the horizon.
The DEMONIZING of Trump began to PREVENT world peace and to strip Trump of any ability to reach a peace deal with Russia. Putin did NOT want to reestablish the old Soviet Union, but instead, he saw the rise of China economically and sought to bring Russia into an economic player on the global scale. He wanted to be remembered for being the leader who brought Russia to its economic greatness – not the reestablishment of the USSR which was the dream of Stalin, not Lenin nor Putin.
The image of Trump and Putin had to be manipulated to direct the world into the new political agenda leaving these two leaders who wanted to make their respective nations great again. So far, they have accomplished their goals with strategic cunning and manipulation. To this day, there remain people who are just obsessed with their hatred of Trump. They refuse to come up for air remaining below the surface in the darkness of the depths. To see the plot, they first have to realize that Trump is no longer president and the Neocons will do everything in their power to prevent him from ever running again. That’s what the January 6th hearings are all designed to do – charge him with INSURRECTION to prevent him constitutionally from ever running again. But with that failing, they would more likely than not assassinate him. These people are playing for keeps and they see their goal – the destruction of Russia and China – within their reach.
Posted originally on the conservative tree house on April 17, 2022 | sundance
Earlier today, 22-year-old Jewayne Price was arrested in connection with yesterday’s mass shooting at a busy mall in Columbia, South Carolina. Jewayne Price is accused of shooting nine people leaving 14 people at the mall injured. The victims are ages 15 to 73.
Price was arrested after he was originally questioned as one of three gang related suspects identified as persons of interest in Saturday’s shooting at Columbiana Centre, a busy shopping mall in the state’s capital. A few hours after his arrest, Jewayne Price was released on 25,000 bail.
SOUTH CAROLINA – The suspect in a South Carolina mall shooting in which nine people were wounded has been released under house arrest and ordered to wear an ankle monitor after a judge set a $25,000 surety bond.
The suspect, Jewayne Price, is also barred from contacting any of the victims, Columbia police said on Twitter. Price will be allowed to travel from his home to work while he is under house arrest. Neither Price nor his attorney could immediately be reached for comment. (read more)
#ColumbiaPDSC Update: In a court hearing a short time ago, a judge set a $25,000 surety bond for shooting suspect Jewayne Price. He is also on house arrest & ordered to wear an ankle monitor. The judge will allow Price to travel from home to work certain times of the day. pic.twitter.com/I9RwY9dP5Z
Posted originally on the conservative tree house on April 16, 2022 | Sundance
In the ongoing public battle over Twitter as a speech platform, one actual user of Twitter, Chris Bakke, wanted to see who exactly these Board of Directors are, who are attempting to stop Elon Musk from purchasing it.
Chris Bakke then noted how little of the actual stock is owned by the company’s Board of Directors. Sans Twitter Founder Jack Dorsey, the combined ownership of the entire board equates to 77 shares of stock, worth around $3,200 bucks.
The Board of Directors [SEE BoD LINK HERE] consists of academics, tech executives, business and policy wonks, and a random baroness who doesn’t even use the service. These are the people who are making fiduciary decisions for all Twitter stock owners without any financial stake in the decisions they make for the company.
BOARD MEMBERS – (2) Bret Taylor, Independent Board Chair; Co-CEO, Salesforce (former Google exec). (3) Parag Agrawal,CEO, Twitter. (4) Mimi Alemayehou, Senior Vice President for Public – Private Partnership at Mastercard. (5) Dr. Fei-Fei Li, Professor at Stanford (former Google exec). (6) Egon Durban, Co-CEO, Silver Lake. (7) Robert Zoellick, Former Chairman of the Board of Directors of AllianceBernstein Holding L.P. (8) Patrick Pichette, General Partner, Inovia Capital; Former Senior Vice President and Chief Financial Officer, Google. (9) Martha Lane Fox, Founder and Chairperson, Lucky Voice Group; Former Co-Founder and Managing Director of lastminute.com; Crossbench Peer, House of Lords. (10) Omid Kordestani, Former Executive Chairman, Twitter (former Google exec). (11) David Rosenblatt, CEO, 1stdibs.com, Inc. (former Google exec). (12) Jack Dorsey, Co-Founder, Twitter; CEO and Co-Founder, Square.
Further evidence the motivations behind the Twitter board have nothing to do with stewardship for their shareholders. Again, this is yet another datapoint highlighting the background structure of Twitter that Musk is exposing.
Twitter is not making a decision to decline the generous offer by Elon Musk because of stewardship or fiduciary responsibility to shareholders. The financials of Twitter as a non-viable business model highlight the issue of money being irrelevant. Twitter does not and cannot make money. Growing Twitter only means growing an expense. Growing Twitter does not grow revenue enough to offset the increase in expense.
There is only one way for Twitter to exist as a viable entity, people are now starting to realize this.
What matters to the people behind Twitter, the people who are subsidizing the ability of Twitter to exist, is control over the global conversation.
Control of the conversation is priceless to the people who provide the backbone for Twitter.
Once people realize who is subsidizing Twitter, everything changes.
Posted originally on the conservative tree house on April 15, 2022 | Sundance
Jumpin’ ju-ju bones, this is rather remarkable. Two video segments from CNN today highlight just how horrible things are for Democrats this mid-term election year. No amount of J6 leverage is going to offset the way Americans feel about Joe Biden.
Delivering a summary of the last four most recent and consecutive polls, even CNN had to report that President Joe Biden’s approval is the lowest ever for any president at this point in any presidency. According to the CNN presentation, Joe Biden is “in a lot of trouble,” as outlined during a segment on CNN’s “New Day” with Brianna Keilar and John Berman. WATCH:
The second segment is even worse news than the first. In the second segment they take a look at all modern presidential polling and discover that Joe Biden has a lower approval rating than even Jimmy Carter in 1978.
To me, it is fascinating how everything dovetails in together when the computer is monitoring everything on a global scale. The projection that unemployment could reach 15% in 2020 not only came true, but it did so tied into the whole COVID scam which has provided the mechanism for government control over the population and to implement one aspect of the intended Agenda 2030 and the elimination of Democracy. But more serious than that, we still face the risk of more than 25% unemployment in the post-2024 period.
Right now, everywhere I do I see help wanted signs. Even at FedEx the other day I saw a sign help wanted. There is another aspect to this inflation and GREEN regulation that is undermining the entire world economy. We are already short over 80,000 truck drivers and then California imposing demands that Trucks must now comply with their insane regulations by January will kill off even more trucks and we can expect inflation to well exceed 20% even in their manipulated statistics.
The higher the inflation, the lower the net real wages, and this then compels small businesses to raise wages but this produces COST-PUSH inflation on top of the SHORTAGE-INFLATION and this is a lethal combination for the economy going forward. This means small businesses will decline unable to find employees and the higher the inflation, the fewer people can afford to buy. This all combines to the WORST economic outlook possible post-2024.
So stock up on that food. This is going to get much worse. With all the threats the US hurls now at China, they may think they are a Lion when they look in the mirror, but if I was China, locking down Shanghai which is the busiest port in the world will not only further wipe out trucking companies in the USA, but it will result in a further jump in inflation. So threatening sanctions against China will worsen the economy and we have already divided the world economy by ending Globalization. This is eventually the end of the United States and the dollar. Even the IMF has come out and warned this is undermining the dollar as the reserve currency.
We have the WORST possible crop of politicians in charge and they are just jumping on the bandwagon to hate Putin without ever understanding that they have dealt a permanent death blow to the world economy. Thus, our projection on unemployment may sound instance exceeding the highs of the Great Depression, but the inflation is reducing the living standards and the reduces economic activity, and that in turn results in businesses failing and jobs vanishing.
The United States has abused its position and it may think that it is a Lion, but it has been reduced to just a cat. They should pay attention to the military. The Pentagon has been trying to throw cold water on this heated invasion talk over Russia and threatening China with sanctions if they dare to help Russia is just insane. They know they are far stronger with Russia than to let Russia fall and the West would only then turn against them. There is deep concern that the USA will lose in a war with China. These politicians had better look at reality rather than the image they see in the mirror.
History repeats became human nature never changes. Although Athens was enjoying a golden age while led by Pericles, this soon came to an end and thus began the fall of Athens in 431 BC when the 27-year-long Peloponnesian War began. Athens became extremely arrogant and compelled others to donate to their treasury to protect them against another invasion by the Persians which did not happen – today’s Russia. This led to discontent and the image of Athens became tainted by arrogance.
Sparta, which was a communist society, had longed for dominance in Greece. In May of 431 BC, war broke out between Athens and Sparta. The Peloponnesian War (431–404 BC) was fought between the Delian League, which was led by Athens, and the Peloponnesian League, which was led by Sparta. Historians have traditionally divided the war into three phases. However, there were two major causes of the rise and fall of Athens. First is the conflict between the oligarchy and democracy, and its arrogance. The democracy produced many great leaders, but unfortunately, also many bad leaders. Their arrogance lived off of the past glory of the great leaders during the Persian Wars, and it led to the end of Athenian power in Greece.
The decline and fall of the United States is following the very same pages from history. It is the arrogance of the United States threatening China while attempting to destroy Russia that will be what historians write about when the dust settles.
Posted originally on the conservative tree house on April 13, 2022 | Sundance
Yesterday in Iowa, Joe Biden called the Russian military operation in Ukraine a “genocide,” which has a very specific set of legal definitions to it.
When asked if he had seen enough evidence to support that statement Biden responded:
“Yes, I called it genocide. It has become clearer and clearer that Putin is just trying to wipe out the idea of even being — being able to be Ukrainian. And the amount — the evidence is mounting. It’s different than it was last week. The — more evidence is coming out of the — literally, the horrible things that the Russians have done in Ukraine. And we’re going to only learn more and more about the devastation. And we’ll let the lawyers decide internationally whether or not it qualifies, but it sure seems that way to me.” (link)
Several ground reports from European journalists indicate the U.S. military is running all of the combat operations inside Ukraine. A French reporter said on Euro News, “I thought I was with the international brigades, and instead I was facing the Pentagon.” Now today, Joe Biden announces he is arbitrarily sending U.S. combat helicopters into the conflict.
(WHITE HOUSE) – I just spoke with President Zelenskyy and shared with him that my Administration is authorizing an additional $800 million in weapons, ammunition, and other security assistance to Ukraine.
The Ukrainian military has used the weapons we are providing to devastating effect. As Russia prepares to intensify its attack in the Donbas region, the United States will continue to provide Ukraine with the capabilities to defend itself.
This new package of assistance will contain many of the highly effective weapons systems we have already provided and new capabilities tailored to the wider assault we expect Russia to launch in eastern Ukraine. These new capabilities include artillery systems, artillery rounds, and armored personnel carriers. I have also approved the transfer of additional helicopters. In addition, we continue to facilitate the transfer of significant capabilities from our Allies and partners around the world. The steady supply of weapons the United States and its Allies and partners have provided to Ukraine has been critical in sustaining its fight against the Russian invasion. It has helped ensure that Putin failed in his initial war aims to conquer and control Ukraine. We cannot rest now. As I assured President Zelenskyy, the American people will continue to stand with the brave Ukrainian people in their fight for freedom. (link)
White House spokesperson Jen Psaki was asked about this escalation earlier today:
.
The Biden administration is all-in for this Ukraine proxy war, taking all actions to highlight a zero-sum position.
Posted originally on the conservative three house on April 13, 2022 | Sundance
Fed Governor Christopher Waller appeared on CNBC to announce we have reached peak inflation, and things will moderate from here. All of these fed moves are political moves, not monetary policy-based moves. Here’s the thing they will never admit to the non-institutional investor.
The fed has been painfully slow to raise interest rates on purpose. They did not make a mistake. The reason for their delay is they needed to wait for the beginning of the first 2021 inflation wave to cycle through before they raised interest rates. It’s a game of mirrors that almost no one sees. WATCH:
The rate of inflation will drop once the statistical year-over-year comparisons reach the same moment in the prior year. The fed will raise interest rates in May and then use the June inflation rate decline as a false talking point to highlight how their policy is working. They wait for May, because they need to wait for the calendar, nothing else. Inflation is measured as the percentage of change from the prior year. By waiting until the inflation is measured against the first wave of rising prices, it will give the illusion of a decline in inflation.
So that’s why they waited. But here’s the worse part….
All of these U.S. Fed monetary policymakers are in full ideological alignment with the global and central bankers. They are all following the same Build Back Better agenda and policy instructions.
All of bankers know the shift from ‘dirty energy’, coal, oil, natural gas, will create inflation. All of the bankers know there is no economic bridge within the plan to shift from oil to their unicorn dust. All of the bankers know that shutting down oil exploration as a matter of western unified policy will, as a factual matter, destroy the economic systems that rely on energy….. which is to say everything.
All of these bankers know the severity of the inflation crisis this energy shift creates. None of them do not know.
Everything they are doing is coordinated to assist the climate change agenda.
Posted originally on the conservative tree house on April 13, 2022 | Sundance
The CDC announced today {SEE HERE} they are extending the federal emergency order requiring masks on planes, trains and public transportation for a period of 15 days, ending May 3rd.
The mask mandate was set to expire April 18. However, the Biden administration will keep the requirement in place for another 15 days under the justification of a rise in COVID-19 cases driven by the new BA.2 sublineage of the Omicron variant.
(Press Release) – […] The CDC Mask Order remains in effect while CDC assesses the potential impact of the rise of cases on severe disease, including hospitalizations and deaths, and healthcare system capacity. TSA will extend the security directive and emergency amendment for 15 days, through May 3, 2022. (link)
There are contradicting claims on the benefits and/or futility of wearing masks to avoid spreading the COVID-19 virus. Several scientific studies have found no significant benefit; however, the theatrics of mask wearing is now a litmus test for global virtue.
Philadelphia, Pennsylvania, has recently announced a new indoor mask mandate for their extended metropolitan area. Fauci soundbite below.
I have created this site to help people have fun in the kitchen. I write about enjoying life both in and out of my kitchen. Life is short! Make the most of it and enjoy!
This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America
Centinel2012 