S8 E1740-The Home Ownership Dream Becomes A Nightmare

• Obama was banging men back in 2008 campaign and the MSM didn’t report on it
• Donald Trump legal woes
• Climate Change updates or as we like to call it, weather updates
• Housing Market

32m

45m

• The controlled demolition.
• Remember back in 2021 they were trying to demolish the small, mildly successful entrepreneur? 
• It wasn’t just broadcasting it was every field they wanted to demolish the middle class.
• Then Amazon and Walmart the big box stores would swoop in and take the business. 
• It was largely successful in that effort.
• Amazon distribution centers – 
• New Orleans used to be 35 and 36 until Katrina happened.
• There is an Amazon distribution center in every major city.
• They didn’t get the job completely done which is why the conspiracy continues. 
• What did they miss? 
• The homeowner.
• QUESTION: Why would they want to drive you out of owning your own home?
• ANSWER: Because you have the potential of one day paying it off and actually OWNING it.
• Remember you will own nothing and you will be happy.
• Let’s talk about BlackRock for a minute.
• They weren’t just buying houses they were paying OVER asking price.

HEADLINE: BlackRock, other investment firms ‘killing the dream’ of home ownership, journalist says by Charles Crietz 

• According to a Wall Street Journal report, BlackRock – led by billionaire Laurence Fink – is purchasing entire neighborhoods and converting single-family homes into rentals; while in cities like Houston, investors like Fink account for one-quarter of the home purchasers.
• Pedro Gonzalez said that BlackRock’s actions are leading 40% of American renters to believe they will never be able to purchase a home.
• The impetus for firms to mass-purchase housing is to underwrite pensions and pad their books by spiking housing prices.
• QUESTION: What was really driving this?
• QUESTION: Why would driving the average price of American home matter?
• ANSWER: To cause more renters.
• That is the ultimate goal.
• They don’t want you OWNING anything.
• Ownership matters, you have to own your own land.

HEADLINE: Investment Firms Aren’t Buying All the Houses. But They Are Buying the Most Important Ones. by Elena Botella 

• “Why Isn’t the Housing Market Behaving the Way It’s Supposed To?”

HEADLINE: Housing Conundrum: High Prices, High Interest Rates Crippling For Aspirational by Steve Cortes 

• That quadrupling of the world’s most important market interest rate flows directly from the exorbitant federal borrowing and spending that commenced with the 2020 lockdowns. Then, Biden compounded the massive initial 2020 errors. Once the unnecessary, created Covid panic subsided, rather than revert to budgetary sanity, Biden ramped up the fiscal profligacy even further. 
• In response, mortgage rates skyrocket. As I pointed out in this Chalk Talk, the monthly fee for a median priced home in America rose by a stunning 82% from the beginning of the lockdowns until today, from $1,444/month to $2,621/month. That monthly payment also assumes that the buyer can muster $83,000 in cash for a down payment, which is nearly impossible for most Americans right now in this era of crashing real wages.
• If I reduce the sale price now, I don’t have enough to build a new home.

1h34m

They wanted this to happen.

Those responsible for COVID and the lockdowns, this was all part of their plan.

HEADLINE: How Big is the US Housing Bubble? by Mish 

• For at least 12 years, home prices followed extremely closely to real disposable personal income. In 2012 the indexes touched again at 133-134.

Percentage Difference Between Home Prices and Real DPI:

2006: (185-120)/120 * 100 = 54.17 Percent

2023: (305-169)/169 * 100) = 80.47 percent

QUESTION: So what does this mean exactly?

ANSWER: Home prices are roughly 80 percent above where they should be.

• Your average American relies about half of their income on Government.
• Whether it is from tax rebates, or whatever it is still coming from the Government.
• The difference between home prices and income is really a measure of the Fed’s propensity to blow financial bubbles by keeping rates too low too long. 
• When this corrects, and it ultimately will, those that paid 80% above what the house is really worth will never be able to get out of this, they will be in that home forever.
• Now, in normal market economics, when demand for a product plunges, as has happened in mortgages, then the price of the product declines to “move inventory.” That reduction in the price of loans (the interest rate) has not and cannot occur now, though. Why? Because the inflation that bedevils shoppers at the supermarket and gas station also requires banks to earn substantial interest to make any loans profitable for the lenders, even if such high rates materially deter would-be borrowers.

So now that we know all this…what can be done?

1. Stop Spending.
2. Make Construction Great Again
3. Outlaw Institutional Encroachment into Single Family Homes
4. Restrict Immigration 

• Without a major course correction, affordable housing will soon become available only to the wealthy. This present crisis demands forceful policy responses, as outlined above.
• Who is a better arbiter of quality for the roof over your families head?
• YOU that protects your family or some person from the government that doesn’t know you?

• Those incentives are actual money they should have been paying you!
• What are the best investments?
• Land and Children

HEADLINE: Wilhelm Röpke’s Magnetism of the Garden by Allan Carlson 

Journalist – Is anything being done to try and raise that $700 cap?

FEMA-  Critical needs assistance is just that for the immediate emergency needs and that was the $700. Every year the main part of our assistance, adjust annually and adjusts w/ inflation. We do adjust the main portion that goes to people and right now it is around $41,000.

• Do you pay FEMA monthly for insurance?
• The US Government has a $41,000 benchmark per household.
• Where does that come from?

1h48m

AUDIO/VIDEO: Donald Trump Do Not Despair – Do not despair and do not lose hope. Every injustice they throw at us, every hoax, witch hunt and abuse of power must only harden our will and steel our resolve to save our nation. This is the nation we love. We will save it.

• Can we agree that the source of most of this angst is government? 
• Someone that is not directly attached or connected to the people or that area has no bearing on how to rule or dictate what happens there.
• Only someone that lives there can.

2h51m

CJ Doyle

Catholic Action League www.catholicactionleague.org

Bishop Robert Joseph McManus Diocese of Worcester 

HEADLINE: League Hails Bishop McManus for His Defense of Catholic Teaching

• This instruction requires all students at Catholic schools in the diocese to be identified according to their biological sex, and to conduct themselves in a manner consistent with Catholic moral principles.

It States: “All entities of the Catholic Church are for the purpose of furthering the saving mission of Jesus Christ and must operate in accord with the truth revealed by God in both natural law and divine revelation. In particular, our Catholic schools must remain in the fullness of the truth in order to carry out their proper mission.”

• The new policy reaffirms previous prohibitions against bullying, harassment, or threats or acts of violence against any student based on that student’s perceived sex, sexual orientation, or gender identity.
• Students will be prohibited from expressing, advocating, or celebrating same sex attraction, and will be expected to comport themselves in a manner corresponding with their biological sex, which will be reflected on all school documents.
• Here is a story written up about how Bishop McManus is preaching hate.

HEADLINE: ‘It’s bringing us back into the Dark Ages’: Rally protests diocese school policy by Tatum Goetting

Planned Parenthood Advocacy – 

• They are attempting to demonize this Bishop and the Catholic Church.
• The President of Holy Cross in New England – 
• The Quiet Man w/ John Wayne 1952
• Catherine of Aragon 
• She refused to reform to the lie.
• She refused and she was good to the poor, she was admired and should be a Saint.

• Now I had not even heard of Larry Sinclair before.
• I knew that Obama had homosexual tendencies. 
• We also knew he dappled in drugs.
• Remember the death of his Chef recently?
• If you are actively participating in homosexual sex, you have disordered thinking.
• That should bother everyone thus this should have played a role in the MSM reporting.

• A CDC spokesperson told NBC News that there have been no agency discussions about bringing back mask mandates, which comes as a handful of hospitals and offices around the country started reimposing them this month. There has also been speculation that federal officials may bring back mandates or even push for lockdowns, similar to what happened in 2020.
• Over the past several weeks, COVID-19 hospitalizations have been on the rise across the country, according to CDC data. Despite the increase, it’s among the lowest levels of hospitalization recorded since the start of the pandemic in early 2020.
• I still can’t wrap my head around people still lining up to take this shot.

IMPORTANT ——— 

AUDIO/VIDEO: Senate Minority Leader Chuck Schumer talks with Rachel Maddow about Donald Trump’s antagonistic tweeting at U.S. intelligence agencies over evidence of Russian hacking.

• This is in the winter.
• You have the Senate Majority Leader saying that Trump is being dumb.
• He was President Elect at the time and that is why he is getting intelligence briefs.
• Start connecting the dots here – 
• This clip is damning.

Peter Doocy – Did you guys realize that the initial Hawaii wildfire response was not that good? Or is it just easier for people to get help from the WH when the president is not on vacation?

Karine Jean-Pierre – Your question is wrong, it’s flawed in many, many ways.

• Joe Biden responded in 3 days.

AUDIO/VIDEO: WH Briefing on Border Flow

Doocy – Why aren’t you guys stopping the flow at the border?

Karine Jean-Pierre – We are stopping the flow at the border. If anything what the president has done is amazing w/o the help of the Republicans in Congress. They have refused to give the funding necessary to do so.

AUDIO/VIDEO: Gov Ron DeSantis on looting – Here in Florida we have the 2nd amendment and you never know what’s behind a door. There are signs ‘you loot we shoot’ so we will not tolerate that after a natural disaster.