Been a busy couple of days so here are some items you might find interesting, frightening or amusing.
Americans’ credit card debt levels have just notched a new, but undesirable, milestone: For the first time ever, they’ve surpassed $1 trillion, according to data released Tuesday by the Federal Reserve Bank of New York.
During the second quarter, credit card balances shot up by $45 billion, or nearly 4.6%, to land at $1.03 trillion, according to the New York Fed’s latest Quarterly Report on Household Debt and Credit.
Rising credit card debt and auto loan balances helped to drive overall household debt levels up 1%, to $17.06 trillion for the quarter, the report showed. Overall household debt has spiked by $2.9 trillion since the end of 2019, before the pandemic. The New York Fed’s debt balances are nominal and not adjusted for inflation.https://archive.vn/sMJmL
That is a lot of debt, and unsecured debt at that. Secured debt like car loans and mortgages is backed by collateral, but unsecured credit card debt (and student loans) have nothing backing them but your promise to pay them. With around 124 million households in the U.S., that total $17 trillion number comes out to $137,000 in debt per household. For most American households that includes their mortgage but 36% of Americans rent their home and while data is hard to come by, I suspect that percentage is climbing and will continue to do so rapidly. Our economy, such as it is, is driven by relatively cheap consumer debt and if that dries up, the house of cards tumbles down.
July 2023 saw President Joe Biden announcing not one but three Memorial Parks to Emmett Till, the black teenager who in 1955 sexually harassed a white woman and was killed by her menfolk. This presumably means Biden will soon be announcing some 186 Memorial Parks to the record 58 whites killed by blacks in July 2023 alone—perhaps more, since a significant few were the immigrants he seems so keen on.
July saw the usual relentless toll of white women dying at the hands of their black male Significant Others. It also saw road rage incidents, carjackings, home invasions, a Disgruntled Minority Massacre, Drug Deals Gone Wrong, and (a trend we’ve just recently noticed) the apparently random sadistic murder of a homeless white. Plus, of course, innocent bystanders In the Wrong Place at the Wrong Time. As in May 2023, there was also another multi-white killing spree resolutely repressed by the Regime Media.
We found only one white-on black killing in July.https://vdare.com/articles/a-record-58-black-on-white-homicides-give-or-take-a-few-white-hispanics-asian-immigrants-july-2023-another-month-in-the-death-of-white-america
A 58 to 1 ratio for Team Blaque is pretty impressive, even by American standards. The carnage continues to spread and no one seems interested in slowing it down.
The AI mentioned above, “Milla Sofia” looks like this.
For now you can still tell it is AI although that is getting harder to see at a casual glance. The technology will only get better and that is bad news indeed for Hollywood bimbos. Why deal with some moody, bitchy starlet who will only get older when you can create nearly perfect appearing women like this and ones that will do anything on film? We are in for a very creepy new world as AI will allow the creation of hyper-realistic porn, including and especially child pornography, and the ardent defenders of “Muh free markets!” will think it is grand.
Lebron James’ I Promise School in Akron, Ohio is facing major backlash from Akron Public School Board members after it was reported that the school hasn’t had one student from its 8th grade class pass a state math test in over three years.
Akron Public School board member Valerie McKitrick was shocked by the new revelation and stated “Not one? In three years?” after she was presented with data that showed not one single student in the school’s fall 8th-grade class could pass a Ohio state math proficiency test.
Keith Liechty-Clifford who serves as Akron’s district director of school improvement went on record saying the new finding “Is discouraging.”
Despite receiving massive funding from the James Foundation along with local, state, and federal funding, the I Promise school’s “Black students and those with disabilities, are now testing in the bottom 5% in the state.”https://www.thegatewaypundit.com/2023/07/lebron-james-i-promise-schools-8th-grade-class/
Just further proof, as if you needed it, that the dismal state of urban public schools has never been a lack of funding but rather is simple biology.
More than 10,000 people in the U.S. turn 65 every day, and that number will peak at about 12,000 in the summer of 2024. As more baby boomers hit that traditional retirement age, this demographic bubble will affect everything from healthcare and politics to the composition of the workforce to the future of Social Security and Medicare.
“It’s a demographic blip in some ways, but it has huge implications on our society and how it operates,” said Gal Wettstein, senior research economist at the Center for Retirement Research at Boston College.https://archive.vn/9OiJN
Social Security is in desperate need of a massive overhaul, as is our entire concept of how different age cohorts operate in our economic system (the topic of a future post), but as no one has the courage to do anything and the average normie would flip out if anyone tried to fix it, it simply won’t. They will just keep pushing the retirement age out….
For baby boomers, full retirement age is somewhere between 66 years and 66 years, 10 months. For anyone born in 1960 or later, that age is 67. People can start collecting reduced benefits at age 62.
…and using inflation to enact de facto benefits cuts. We are planning on living right where we are after “retirement” and well before I hit my 60th birthday the house will be paid off. For people my age and younger that don’t own a home and are facing a rental market in retirement? They will never be able to stop working full-time.
Newly passed blue state legislation has pork producers snorting over industry oversight which could shutter farm doors and add to food inflation.
“The issue is really around the cost associated with Proposition 12, and how producers across Pennsylvania and the country are going to be able to come compliant to meet the demands of the consumers in California,” Pennsylvania Pork Producers President Ben Barcovtch told FOX Business’ Jeff Flock on “Mornings with Maria” Monday.
California’s Proposition 12 could cost pork producers and consumers up to $350 million over its animal welfare law. Back in May, the Supreme Court ruled that the Democrat-led state has the right to impose tough animal-welfare standards on pork produced outside the state.
Proposition 12 specifically bans the sale of pork products unless the animal from which it derived was housed with specific space allowances. According to the bill text, each animal must have at least 24 square feet and the ability to “lie down, stand up, fully extend limbs and turn around freely.”https://www.foxbusiness.com/economy/newly-passed-california-law-squeezes-lots-costs-mom-and-pop-pork-producers
As the article points out, California consumes lots of pork but produces very little.
The pork farmers previously told FOX Business that California raises almost no hogs, but accounts for 13% of the nationwide pork consumption.
That means that this is a new law that mostly impacts farmers in states other than California, as well as consumers around the country even if they live in states that would never pass something this moronic. The costs will be significant.
“There’s lots of cost associated behind being able to become compliant,” he said. “Right now, farmers are facing $40, $50 per pig losses. It’s already tough.”…..But for mom-and-pop businesses: “You’re looking at between $3,000 and $4,000 a sow to become compliant.”
Oh gee, another law that will benefit the biggest producers and the meatpacking conglomerates but kill off small farmers. You can bet there is some sort of loophole to allow pork raised in China to get around these requirements, sort of how they get around those pesky labor laws that U.S. employers have to obey.
Over the last year, there have been several anti-Christian incidents that have made headlines in Israel. In February, a U.S. Jewish tourist vandalised a statue of Jesus in the Church of Flagellation in the Old City, the site where Christ was scourged before his crucifixion.
The following month in March, members of the Greek Orthodox church were attacked at the Tomb of the Virgin Mary by two Jewish men armed with iron bars. The pair allegedly tried to attack Archbishop Joachim and attacked a priest, with the Greek church labelling the incident a “heinous terrorist attack.”
“Terrorist attacks, by radical Israeli groups, targeting churches, cemeteries, and Christian properties … have become almost a daily occurrence that evidently increases in intensity during Christian holidays,” the church said and called for “international protection of holy sites.”
Spitting attacks from Jews toward Christians and other non-Jews have also become more and more common, to the extent that an entire conference was held regarding the issue in Israel in June entitled “Why Do (Some) Jews Spit on Gentiles.”https://europeanconservative.com/articles/news/anti-christian-violence-growing-in-jerusalem/
Our Greatest Ally! Judeo-Christian values baby!
What we all knew.
Yet when it came out six years ago, Rising Star was mostly ignored; as a result, its most scandalous and perhaps revelatory passages, such as Obama’s long letter to another girlfriend about his fantasies of having sex with men, read today, to people who are more familiar with the Obama myth than the historical record, like partisan bigotry.
How did you get those three women, Obama’s college and law school girlfriends, to give you Obama’s love letters to them, and what was the most surprising thing you found in them?
With Alex [McNear, Obama’s girlfriend at Occidental College], I think she wanted to have her role known. So when Alex showed me the letters from Barack, she redacted one paragraph in one of them and just said, “It’s about homosexuality.”
Uh….does anyone really think that Obama is not taking it/giving it up the poop chute?
This article is written by….
….wait for it…..
Lauren Wolman is the Anti-Defamation League’s Director of Government Relations, specializing in combating extremism and protecting civil rights.https://archive.ph/og2cu
The ADL wants to be the arbiter of which White men can or cannot serve in the military, forgetting for a moment that this standard would exclude virtually every man that served in the U.S. military for the first couple centuries of our nation’s history.
I hope you enjoyed these, it definitely cleared my browser tabs up.