12-15 Politically Incorrect Daily

Political Memes and Funny Pictures

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sign tequila makes everything better except tomorrow
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babylon bee courageous dissident reads banned books section barnes noble

Bidenomics Aftershocks Continue

average mortgage payments bidens america

Yet another cost to Americans that isn’t factored into CPI inflation measures is interest. Monthly mortgages, which are usually the largest expense for citizens, have gone up 90+ percent, almost all of which is consumed by interest! So, instead of building up equity in a real estate asset, the vast majority of monthly cash you spend on your mortgage is essentially being tossed in the fireplace. The same goes for loans on cars, computers, furniture, and other big-ticket items. Also, if you lease something or purchase on “0 percent financing,” the interest cost is simply added by the seller to the principle. In fact, Generally Accepted Accounting Principles demand accountants record part of each payment as interest in their bookkeeping. It’s not just consumers that feel the pain. Businesses feel the effects also in their purchases, which is yet another reason they must jack up prices.

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Social Media Posts of the Day

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x dogs vet my doctor good boy vs fatter paler
x unbelievable home alone youngest child middle yes forget

Quote of the Day

quote sun tzu can prevent oppenent through defense cannot defeat without offensive

Message of the Day

message best thing worst time life see true colors everyone

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10-25 Politically Incorrect Daily

Political Memes and Funny Pictures

taco cat spelled backwards
teacher kid conference trouble listening brand new information friends
ross painting happy little path for friend leatherface
baby yoda sold lawn mower facebook marketplace last neighbor wake up
lebron james sign woman have cramps too
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pfizer bought arena pharmaceuticals heart inflammation
babylon bee hamas disappointed liberals dont believe jews livestream it
celebrity letter release hostages hamas applaud
joker leaving library putting cookbooks womens sports section
kid dear santa brains for democrats balls for republicans

Social Media Posts of the Day

x hard to stay ahead babylon bee dien Islamophobia
x play museum kids starting calling toys artifacts
x things said years ago dont agree do no longer growing

I Wonder Why They Held the Nomination Vote in Secret? 🤔

x poll vote for house speaker emmer donalds
x emmer is uniparty fraud democrats want gop stab in back
x zelensky soros biden emmer for speaker who gop picked

Was there ever a doubt the RINO scumbags who dominate the House would nominate a fellow swamp creature? This is a former George Soros spokesman who’s never met a spending bill he didn’t like, and who compared Trump supporters to Nazis. He’s far worse than McCarthy or Scalise. The main reason he was still picked was the hope Democrat votes would get him over the finish line. That should tell you everything you need to know. You can bet if another RINO gets power, he will help put in place controls to prevent another Goetz-type action to force out other lying slimeballs. In the coming year, primary votes may be equally as important as general election votes. Keep a close eye on your districts. A two-party system sucks, but it’s better than the one-party system we have now.

republicans bus hit by republicans train

Tom Emmer drops out of contention for House speaker, hours after winning GOP nomination

Yay, Bidenomics! 👍

mortgage rates trump vs biden

Of course, as with almost every economics-related post under Biden, it’s already outdated. We’re now over 8 percent mortgages with rates poised to go even higher.

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The housing market was already painful, ugly and anxious. Now the 8% mortgage rate is back.

Real estate deals cancelled at highest rate in nearly a year as mortgage rates tick up

Be Sure to Invest in “Safe” Investments Like Bonds 👌

x janet yellen can afford two wars bond market no treasury yield

When yields go up on bonds, prices go down. In other words, you can lose money even if the lender doesn’t default. So-called risk-free treasury investments have plummeted in value through the recent explosion of inflation & interest rates. Nearly every financial advisor will recommend you put a portion of money in bonds and some in stocks, with the percent of bonds increasing as you near retirement due to their safety and stability. Well, if you had invested at the start of the Biden presidency in a Total Bond Market fund, common in 401k plans and “target date” retirement funds, you would be down 15-20 percent to date. It takes real talent to make every investment asset class risky, but the Biden Administration has managed to do it. 👏👏👏

Quote of the Day

quote inflation taxation without legislation friedman

Message of the Day

message if republicans fought democrats as much as own voters

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