Is it OK to be white?
Is it OK to be white?
stormfront
Now that the markets have got a good look at the approaching tsunami, they may figure that it’s time to head to higher ground. The feds need to refinance $16 trillion in the next four years.
Nov 17, 2024
When Mr. Trump spoke of a Golden Age in his victory speech, we immediately thought of the Golden Age of Greece… when Pericles delivered his famous funeral oration. Athens was at war, and many people thought they should give it up, sue for peace… and get back to work. Not Pericles. He saw an opportunity to Make Athens Great Again.
Pericles was a ‘war hawk’… and no slouch as an orator. The Athenians rallied around him, put on their panoplies — sword and shield — and the war cries resounded through the city as the menfolk, young and old, marched out to combat.
Uh oh… the result was a crushing defeat in which the Athenian empire was destroyed, the city itself conquered, occupied by foreign troops… and its population sold into slavery.
Not a good example for the uplifting spirit we’re looking for today…
U.S. Credit Card Debt Hits Record $1.17 Trillion as Interest Rates Soar to 20%
November 16, 2024
Collectively, Americans now owe a record $1.17 trillion on their credit cards, according to a new report on household debt from the Federal Reserve Bank of New York.
Credit card balances rose by $24 billion in the third quarter of 2024 and are 8.1% higher than a year ago.
Despite that increase, credit card delinquency rates improved — with 8.8% of balances transitioning to delinquency over the last year, compared with 9.1% in the previous quarter, the New York Fed found. That change could “suggest that rising debt burdens remain manageable,” the New York Fed researchers said on a press call Wednesday.
The U.S. national debt is rising by $1 trillion about every 100 days
March 3, 2024
The debt load of the U.S. is growing at a quicker clip in recent months, increasing about $1 trillion nearly every 100 days.
The nation's debt permanently crossed over to $34 trillion on Jan. 4, after briefly crossing the mark on Dec. 29, according to data from the U.S. Department of the Treasury. It reached $33 trillion on Sept. 15, 2023, and $32 trillion on June 15, 2023, hitting this accelerated pace. Before that, the $1 trillion move higher from $31 trillion took about eight months.
I've read several posts about the non-importance of credit scores. I can tell you in concrete terms that it does matter.
I compared two of our loans with our interest rates to what we would have paid if our credit had sucked.
Car Loan: After trade-in and down payment, we financed about $24,000 at zero percent for the life of the loan (6 years) and pay $333.00 per month instead of the next best rate of 2.9% which would have made the payment $363.00.
Home Loan: After down payment, we financed $400k at 5.125% fixed for 30 years and pay about $1,800.00 per month instead of the next best rate of 6%which would have made the payment about $2,020.00.
In one year, we would have paid $3,000 more just in interest. Over 6 years, we would have paid $18,000.00 just in interest.
That's just two standard loans and we're an average, middle class family. Think of what you could do with an extra $250 a month or $18,000 in 6 years.
Check your credit. It does matter and it will affect your life in ways you don't know yet. I talk to people all the time who don't know what's on their credit reports until they are denied a car loan, home loan, apartment rental or silly department store credit card. Your auto insurance rates can be higher (insurance companies check your credit report). You could be denied employment (law enforcement and other government and private companies often check your credit reports before hiring you). You could be required to pay deposits just to turn on utilities at your new residence or open a cell phone account.
College Conspiracy - YouTube
Dear Friends:
Now that the markets have got a good look at the approaching tsunami, they may figure that it’s time to head to higher ground. The feds need to refinance $16 trillion in the next four years.
Nov 17, 2024
When Mr. Trump spoke of a Golden Age in his victory speech, we immediately thought of the Golden Age of Greece… when Pericles delivered his famous funeral oration. Athens was at war, and many people thought they should give it up, sue for peace… and get back to work. Not Pericles. He saw an opportunity to Make Athens Great Again.
Pericles was a ‘war hawk’… and no slouch as an orator. The Athenians rallied around him, put on their panoplies — sword and shield — and the war cries resounded through the city as the menfolk, young and old, marched out to combat.
Uh oh… the result was a crushing defeat in which the Athenian empire was destroyed, the city itself conquered, occupied by foreign troops… and its population sold into slavery.
Not a good example for the uplifting spirit we’re looking for today…
U.S. Credit Card Debt Hits Record $1.17 Trillion as Interest Rates Soar to 20%
November 16, 2024
Collectively, Americans now owe a record $1.17 trillion on their credit cards, according to a new report on household debt from the Federal Reserve Bank of New York.
Credit card balances rose by $24 billion in the third quarter of 2024 and are 8.1% higher than a year ago.
Despite that increase, credit card delinquency rates improved — with 8.8% of balances transitioning to delinquency over the last year, compared with 9.1% in the previous quarter, the New York Fed found. That change could “suggest that rising debt burdens remain manageable,” the New York Fed researchers said on a press call Wednesday.
The U.S. national debt is rising by $1 trillion about every 100 days
March 3, 2024
The debt load of the U.S. is growing at a quicker clip in recent months, increasing about $1 trillion nearly every 100 days.
The nation's debt permanently crossed over to $34 trillion on Jan. 4, after briefly crossing the mark on Dec. 29, according to data from the U.S. Department of the Treasury. It reached $33 trillion on Sept. 15, 2023, and $32 trillion on June 15, 2023, hitting this accelerated pace. Before that, the $1 trillion move higher from $31 trillion took about eight months.
I've read several posts about the non-importance of credit scores. I can tell you in concrete terms that it does matter.
I compared two of our loans with our interest rates to what we would have paid if our credit had sucked.
Car Loan: After trade-in and down payment, we financed about $24,000 at zero percent for the life of the loan (6 years) and pay $333.00 per month instead of the next best rate of 2.9% which would have made the payment $363.00.
Home Loan: After down payment, we financed $400k at 5.125% fixed for 30 years and pay about $1,800.00 per month instead of the next best rate of 6%which would have made the payment about $2,020.00.
In one year, we would have paid $3,000 more just in interest. Over 6 years, we would have paid $18,000.00 just in interest.
That's just two standard loans and we're an average, middle class family. Think of what you could do with an extra $250 a month or $18,000 in 6 years.
Check your credit. It does matter and it will affect your life in ways you don't know yet. I talk to people all the time who don't know what's on their credit reports until they are denied a car loan, home loan, apartment rental or silly department store credit card. Your auto insurance rates can be higher (insurance companies check your credit report). You could be denied employment (law enforcement and other government and private companies often check your credit reports before hiring you). You could be required to pay deposits just to turn on utilities at your new residence or open a cell phone account.
College Conspiracy - YouTube
Dear Friends:
When our generous patron announced this year's fundraising challenge I was thrilled...but at the same time a little worried. I was sitting in the grocery store parking lot when the phone rang.
"I have decided I am going to support the Ron Paul Institute in a major way again this year. I've seen you gaining traction and really becoming part of the debate. I see Elon and Vivek welcoming your ideas like never before. I want to help that to continue. But there's a twist."
"What would that be," I asked.
"I am going to offer up DOUBLE the matching funds...but you have to earn them by December 27th! Are you up for the challenge?"
"You bet!" was my reply.
By: Aafreen Ghorbani
Ask Aafreen Ghorbani a question now