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Is Joe Biden's admin destroying America?   The Serious You: How Current Events Affect You

Started 4/18/22 by WALTER784; 244023 views.
Showtalk
Host

From: Showtalk 

Nov-7

Cutting the wire is sheer lunacy.

WALTER784
Staff

From: WALTER784 

Nov-7

It's destruction of State property. It should be considered no different than throwing a brick through the State Capitol's window.

FWIW

Showtalk
Host

From: Showtalk 

Nov-7

Except Biden approved it.

WALTER784
Staff

From: WALTER784 

Nov-7

Then Biden should be impeached for instigating destruction of property! It's a much more serious charge than anything they've thrown at Trump over the past 7 years.

FWIW

WALTER784
Staff

From: WALTER784 

Nov-12

Andy Biggs: Record Number of Chinese, Russian Foreign Nationals Encountered on Border ‘Should Not Shock Anyone’

BY VIRGINIA ALLEN
October 26, 2023

(Daily Signal)—Customs and Border Protection encountered a record number of Russian and Chinese foreign nationals along America’s borders and at ports of entry in fiscal year 2023.
 
CBP encountered 57,163 foreign nationals from Russia between Oct. 1, 2022, and Sept. 30, 2023, over 20,000 more than the previous fiscal year. In the same time period, 52,700 Chinese nationals were encountered on America’s borders and at ports of entry, nearly 25,000 more than during fiscal year 2022.
 
“These alarming figures should not shock anyone,” Rep. Andy Biggs, R-Ariz., told The Daily Signal. “The Biden administration’s border policies continue to incentivize foreign nationals from all over the world to enter our country illegally via the southern border.”
 
Along America’s southern border with Mexico, CBP encountered 24,314 Chinese foreign nationals and 43,210 Russian foreign nationals.
 
Biggs added: “Having tens of thousands of Russian and [Chinese Communist Party]-linked individuals show up at our border is not normal by any measure. The inaction from the Biden administration is unacceptable and jeopardizes American lives.”
 
During the final full fiscal year of the Trump administration, 5,946 Russian nationals were encountered on America’s border and 18,395 Chinese nationals were encountered.
 
On Saturday, CBP released data revealing that agents encountered a record 3.2 million illegal aliens at U.S. ports of entry and between ports of entry on the northern and southern borders. That number does not include “gotaways.”
 
A recent report from the House Judiciary Committee found that “more than 1.7 million known gotaways” have successfully evaded Border Patrol agents and entered the country during the first 26 months of the Biden administration.  It is unclear how many illegal aliens have successfully evaded Border Patrol detection and entered America.
 
CBP also reported that 736 illegal aliens on America’s “terrorist watchlist” have been encountered at or between a port of entry in fiscal year 2023, which ended Sept. 30. The terrorist watchlist includes “individuals who represent a potential threat to the United States, including known affiliates of watchlisted individuals,” according to CBP.
 
“The United States’ adversaries understand that now is the prime opportunity to infiltrate our country, and the data should raise immediate concerns, especially with the increasing threats of terror attacks,” Biggs said, referring to Hamas’ Oct. 7 attack on Israel that triggered a war.
 
CBP’s San Diego Field Office issued a memo Friday warning of members of Hamas, Hezbollah, Palestinian Islamic Jihad, or the Popular Front for the Liberation of Palestine attempting to cross the border.
 
The San Diego office “assesses that individuals inspired by, or reacting to, the current Israel-Hamas conflict may attempt travel to or from the area of hostilities in the Middle East via circuitous transit across the southwest border,” according to the memo, which was first reported Monday by the Daily Caller News Foundation.
 
“Foreign fighters motivated by ideology or mercenary soldiers of fortune may attempt to obfuscate travel to or from the U.S. to or from countries in the Middle East through Mexico,” that CBP memo says.

Andy Biggs: Record Number of Chinese, Russian Foreign Nationals Encountered on Border ‘Should Not Shock Anyone’ – America First Report

FWIW

WALTER784
Staff

From: WALTER784 

Nov-12

WALTER784 said...

CBP encountered 57,163 foreign nationals from Russia between Oct. 1, 2022, and Sept. 30, 2023, over 20,000 more than the previous fiscal year. In the same time period, 52,700 Chinese nationals were encountered on America’s borders and at ports of entry, nearly 25,000 more than during fiscal year 2022.

If you look at just these numbers, you end up with this:

  Oct 2022-Sep 2023 Oct 2021-Sep 2022 Total 2-years
Russia (RU) 57,163 37,163 94,326
China (CH) 52,700 27,700 80,400
CH & RU 109,863 64,863 174,726

And note, this doesn't include any other country, nor does it include the gottaways. 

FWIW

WALTER784
Staff

From: WALTER784 

Nov-12

There are numerous charts and graphs I have not included below. To see them, click on the link at the bottom:

As Balances Soar At Record Pace, Millennials Lead Credit-Card Delinquencies Higher

BY TYLER DURDEN
WEDNESDAY, NOV 08, 2023 - 03:40 AM

Credit-card balances are now $154 billion higher than they were a year ago, the largest annual increase since the New York Fed began tracking the data in 1999, researchers said in a blog post.
 
No real surprise there - but certainly not the sustainable foundation of growth so many had pinned their hopes on.
 
However, there is a problem - aggregate delinquency rates were increased in the third quarter of 2023.
 
“The increase in balances is consistent with strong nominal spending and real GDP growth over the same time frame,” they said in the post.
 
“But credit card delinquencies continue to rise from their historical lows seen during the pandemic and have now surpassed pre-pandemic levels.”
 
As of September, 3.0% of outstanding debt was in some stage of delinquency, with credit-card delinquencies' jump standing out...
 
Most notably, the share of debt becoming newly delinquent is now rising for most types of debt, with the share of newly delinquent credit card users rising in Q3, and now exceeding pre-pandemic average levels...
 
So, who is behind this sudden surge in delinquencies?
 
While Baby Boomers (born 1946-64), Generation X (born 1965-79), and Generation Z (born 1995-2011) credit card users have delinquency rates similar to their pre-pandemic levels and trends, Millennials (born 1980-94) credit card users began exceeding pre-pandemic delinquency levels in the middle of last year and now have transition rates 0.4 percentage point higher than in the third quarter of 2019.
 
Additionally, as one might expect, the lowest-income areas persistently have the highest delinquency rates, but all four quartiles are now above their pre-pandemic levels.
 
And finally, NYFed notes that borrowers with auto loans (gold line) or student loans (red line) were more likely to fall behind on their loans than before the pandemic. This was especially the case for those with student loans and auto loans (shown in light blue). This group’s transition rate into a credit card delinquency is 0.6 percentage point higher than it was prior to the pandemic. These repayment difficulties will likely continue to mount for student loan borrowers now that student loan payments have resumed.
 
Whether consumers can keep up with their debt payments and continue spending in the face of higher rates, growing obligations and shrinking savings, is something policymakers and economists are watching closely but given the acceleration in balances and delinquencies, we think the answer is clear.

As Balances Soar At Record Pace, Millennials Lead Credit-Card Delinquencies Higher | ZeroHedge

FWIW

Showtalk
Host

From: Showtalk 

Nov-13

That is why Dave Ramsey is so popular among Millenials. They need sane and practical financial and budgeting advice,

WALTER784
Staff

From: WALTER784 

Nov-15

Showtalk said...

They need sane and practical financial and budgeting advice

OK then... don't fall for Bidenomics!!! (* CHUCKLE *) It's both sane and practical advice!

U.S. Credit Rating Changed From ‘Stable’ To ‘Negative’ As National Debt Balloons

By Leif Le Mahieu
Nov 12, 2023 - DailyWire.com

The U.S. credit rating was given a negative outlook by Moody’s Investor Service in part due to the ballooning U.S. debt. 
 
Moody’s, a global credit rating provider, made the projection on Friday, changing its assessment of the American credit from stable to negative. The news comes as spending and inflation have remained high throughout the Biden administration. 
 
“In the context of higher interest rates, without effective fiscal policy measures to reduce government spending or increase revenues,” Moody’s said in a statement. “Moody’s expects that the U.S.’ fiscal deficits will remain very large, significantly weakening debt affordability.”
 
The rating’s agency also said the decision was based in part on political polarization. 
 
“Continued political polarization within U.S. Congress raises the risk that successive governments will not be able to reach consensus on a fiscal plan to slow the decline in debt affordability,” Moody’s said. 
The Biden administration, which has pushed massive green energy and Ukraine spending packages, pinned the blame on Republicans.
 
“Moody’s decision to change the U.S. outlook is yet another consequence of congressional Republican extremism and dysfunction,” White House Press Secretary Karine Jean-Pierre said. 
 
Deputy Treasury Secretary Wally Adeyem claimed that the American economy remained “strong,” disagreeing with Moody’s decision. 
 
House Speaker Mike Johnson (R-LA) said that Moody’s actions were a result of the “Democrats reckless spending agenda.”
 
“Our $33.6 trillion debt is unsustainable and poses a danger to our national security and economy,” Johnson said. “Meanwhile, the runaway inflation and soaring interest rates that have been the cornerstone of ‘Bidenomics’ have hammered families’ pocket books and made the Treasury’s costs for borrowing spiral out of control.”
 
“This is why the Administration and their congressional allies have lost the faith of the American people,” Johnson added, saying that Republicans were working to restore fiscal restraint to Congress. 
 
In September the U.S. national debt eclipsed $33 trillion,  just months after it hit $32 trillion in mid-June. 
 
“Instead of hearing about solutions, we hear promises of which programs our leaders are unwilling to touch and which taxes they are unwilling to raise,” Maya MacGuineas, president of the Committee for a Responsible Federal Budget, said. “That kind of talk is not only pandering, but it’s also downright irresponsible when we have a mess like this on our hands.”
 
Recent projections estimate that the U.S. debt will exceed $50 trillion by 2033

U.S. Credit Rating Changed From ‘Stable’ To ‘Negative’ As National Debt Balloons | The Daily Wire

FWIW

WALTER784
Staff

From: WALTER784 

Nov-15

Biden lavishes astronomical dollars on LGBT promotions in 3 years

'Has systematically infected nearly all aspects of our foreign policy apparatus'

By Bob Unruh
Published November 8, 2023 at 10:01am

The U.S. government, under Joe Biden, has handed out some $4.1 billion in taxpayer money to promote the LGBT ideology and lifestyle choices around the globe in just three fiscal years, according to a new report.
 
The Epoch Times said its investigation of federal spending, mostly under Joe Biden, revealed that the U.S. as awarded more than 1,100 grants "to fund LGBT-promoting projects round the world."
 
For example, the LGBT Life Center in Norfolk, Virginia, was handed $1.8 million for a "safe space."
 
And in Serbia, LGBT activists got $500,000 for a plan to smooth the path to "economic empowerment and opportunity for LGBTQI+ people," the investigation showed.
 
In Armenia, $1 million U.S. tax dollars went to the Pink Human Rights Defender activists.
 
The Epoch Times said, "The federal spending website can be filtered to show entries that include specific keywords. A list of payouts filtered by using the keyword 'LGBT' included 1,181 grants, 31 loans, and nine direct payments during the past three fiscal years."
 
Grants including the keyword "LGBT" that involved more than $1 million in individual payouts combined to cost taxpayers $3.7 billion, with many smaller grants uncounted. And those payouts based on the "transgender" keyword totaled some $478 million, the report said.
 
The report cites documentation from a researcher whose identity was not revealed by the report.
 
He works at a "politically left-wing" company and told the publication his superiors likely would object to his results.
 
"I could write for 20 years about just the money that's already been spent over the past three or four years," he explained, after sharing his findings on social media.
 
Taxpayers should be stunned by the spending, the report suggested.
 
"A Department of Education search revealed an ongoing grant paid to Emory University for researchers to study 'the rectal mucosal effects of cross-sex hormone therapy among U.S. and Thai transgender women,'" the report said.
 
And one funded scheme just this year got $350,000 from the National Endowment for the Humanities to translate the "Homosaurus," which is a list of LGBT terms, into Spanish.
 
"Another grant pays for a 'social biography of same-sex desire in postcolonial Ireland,'" the report said.
 
Moms for Liberty co-founder Tiffany Justice explained in the report the federal government's profligacy actually is using "the grant process to change the culture and climate in America's public schools."
 
"The grants go to 'community partners,' and 'community partners' then go in, and they work to change the procedure in the schools" to favor and teach LGBT activist worldviews, she explained.
 
A report in the Washington Stand ticked off the problems facing America, "an ongoing war in the Middle East, open borders flooding in millions of illegal immigrants, a worsening drug crisis, and increased risk of terrorist attacks in the U.S.," and compared it to Biden's "priorities," which are promoting the LGBT beliefs.
 
"In June, Family Research Council published a report that tracked the Biden administration’s foreign policy LGBT priorities. Written by Arielle Del Turco, director of the Center for Religious Liberty, and Chris Gacek, senior fellow for Regulatory Affairs, it revealed data similar to the Epoch Times’s investigation. FRC’s report also pointed out that the Biden administration’s 'ideological colonialism' often 'strains our relationships with other countries and diverts U.S. attention from focusing on other human rights issues,'" the report said.
 
Del Turco said, "Sadly, the Biden administration has systematically infected nearly all aspects of our foreign policy apparatus to push LGBT ideology across the globe.
 
"Under Biden, Pride Month is celebrated at embassies, LGBT issues are included in the State Department’s annual Human Righ
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