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HOUSING BUBBLE: Price Drops Spread Across America
/in Economy, Featured, ThePricklyPear.org /by ThePricklyPear.orgBy Wolf Richter Big drops in San Diego, Los Angeles, Dallas, Portland, Phoenix, Boston. Prices going down faster than they’d spiked? No way. Oops. This is the first month in this cycle that the S&P CoreLogic Case-Shiller Home Price Index, which lags reality on the ground by 4-6 months, is showing house price declines in all the […]
Christine Marsh – AZ LD4 Parents and Voters Should Not Send this Woke, Leftist Candidate Back to the Arizona Senate
/in Economy, Education, Liberty, Life Advocacy, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy John R. Ammon The Prickly Pear recently published an article about Senator Nancy Barto running in Arizona Legislative District 4. Her opponent is Democrat Christine Marsh, also an Arizona State Senator. The Senate race in AZ LD 4 is a consequence of redistricting and pits two individuals truly on opposite sides of the issues […]
The Scam Called ESG
/in Economy, Environment, Featured, Liberty, National Security, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Mark T. Cicero What is this thing called ESG? It stands for Environmental, Social, and Governance. Sounds great, doesn’t it? What could possibly be the harm of seeking to promote these virtues in our corporations? I mean, seriously, who doesn’t want companies that seek to emulate these values? I will be the first to […]
U.S. Has ONLY 25 DAYS OF DIESEL SUPPLY—Shortage Could Cripple Economy
/in DrRichSwier.com, Economy, Elections, Politics, Regulation /by DrRichSwier.comBy The Geller Report This is intentional. The Democrats are on a rampage to destroy America. Diesel fuel shortages will disrupt the entire US transportation supply chain. Not only do the trucks run on diesel but so do trains. Airports get their jet fuel by trucks. Think about that. That means gasoline, food, Thanksgiving and […]
US Has ONLY 25 DAYS OF DIESEL SUPPLY; Shortage Could Cripple Economy
/in DrRichSwier.com, Economy, Elections, Politics, Regulation /by DrRichSwier.comBy The Geller Report This is intentional. The Democrats are on a rampage to destroy America. Diesel fuel shortages will disrupt the entire US transportation supply chain. Not only do the trucks run on diesel but so do trains. Airports get their jet fuel by trucks. Think about that. That means gasoline, food, Thanksgiving and […]
Billionaire CEO Purged for Opposing Gender Pronouns
/in DrRichSwier.com, Economy, Elections, Politics, Science /by DrRichSwier.comBy Jihad Watch It doesn’t matter if you’re a janitor or the CEO, they will come for you. Predictable. Basecamp CEO Jason Fried was forced to apologize for asking woke staffers to leave their politics at home. Ben Chesnut at Mailchimp may have been in an even worse position after the Intuit sale. In a nearly […]
2023 Federal Tax Brackets Are Out. See Which Bracket You Fall in—and Why Tax Rates Are so High
/in DrRichSwier.com, Economy, Elections, Politics, Regulation, Taxes /by DrRichSwier.comBy Foundation for Economic Education (FEE) The sad truth is, the average American works four months a year just to cover tax bills. How did we get here? The Internal Revenue Service released new federal income tax brackets last week. Though marginal tax rates did not change, under federal law the brackets are adjusted for […]
Here’s How To Secure America’s Energy Future
/in DrRichSwier.com, Economy, Elections, Energy, Environment, Politics, Regulation, Science /by DrRichSwier.comBy The Daily Caller We live in a dangerous world starved for energy. Americans are grappling with sky-high inflation and high energy prices and yet the Biden administration and the Democrats in Congress continue to spend money we don’t have, driving inflation higher and making us all poorer. Should the Republicans take over the Congress […]
Throw the Bums Out: You Have the Power
/in Economy, Education, Environment, Featured, Liberty, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Mark T. Cicero Election Day is coming, a ceasing of the endless and despicable character assassination ads, the ‘misinformation’, and vile vitriol issued forth regarding the candidates. If you are to take them at face value then you will be left believing that Kari Lake is a fraud, an enemy of all women’s reproductive […]
An Inflation Nation — The New Norm
/in DrRichSwier.com, Economy, Elections, Politics, Taxes /by DrRichSwier.comBy The Daily Caller Hard working Americans continue to suffer from historically high levels of inflation caused by the Biden administration’s out-of-control spending and opposition to domestic energy production. Soon after the Bureau of Labor Statistics released the Consumer Price Index (CPI) report for September, which confirmed inflation is accelerating and isn’t going away anytime soon, President […]
John Mackey: ‘Capitalism Is the Greatest Thing Mankind Has Ever Done’
/in DrRichSwier.com, Economy, Elections, Politics /by DrRichSwier.comBy Foundation for Economic Education (FEE) The Whole Foods founder offered a clear message on capitalism at LibertyCON in Miami, where five hundred delegates from 50 countries recently gathered. On October 14, LibertyCON kicked off with an interview between Students for Liberty CEO Wolf von Laer and John Mackey, founder of Whole Foods Market. Mackey studied philosophy […]
Covid Fraud: A Staggering $600 Billion
/in Economy, Education, Featured, Healthcare, Liberty, National Security, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy James Bovard Editors’ Note: Looking back at the Covid lockdowns, the overall response looks even worse than before. At the time they were being imposed, The Prickly Pear opposed them on a variety of grounds; medical, economic, and because they violated human rights and freedom. Now in hindsight, it is clear lockdown, mask requirements, […]
Housing Bubble Woes: Plunge in Buyer Traffic & Homebuilder Confidence a Lot Faster than During Housing Bust 1
/in Economy, Featured, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Wolf Richter Holy-moly mortgage rates of 7% slash demand for new houses due to super-inflated prices, but prices are now coming down. Traffic of prospective buyers of new single-family houses plunged to the lowest since 2012, excluding the two lockdown months April and May, and is now approaching even the levels of those two […]
Housing Bubble: Buyer Traffic and Homebuilder Confidence Plunge Faster than Expected
/in Economy, Featured, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Wolf Richter Holy-moly mortgage rates of 7% slash demand for new houses due to super-inflated prices, but prices are now coming down. Traffic of prospective buyers of new single-family houses plunged to the lowest since 2012, excluding the two lockdown months April and May, and is now approaching even the levels of those two […]
California Entrepreneur Who Was Fined $1000 for Drawing Informal Maps without a License Takes Regulatory Board to Court
/in Courts & Law, DrRichSwier.com, Economy, Elections, Politics, Regulation /by DrRichSwier.comBy Foundation for Economic Education (FEE) Ryan Crownholm’s story perfectly illustrates how occupational licensing laws stifle competition. Ryan Crownholm is a self-described “serial entrepreneur” and the founder of a California-based business called MySitePlan.com. Founded in 2013, the business creates unofficial “site plans” for various clients using publicly available imagery. Hotels and resorts will sometimes use the […]
FAU Poll: Hispanics Losing Confidence in U.S. Economy
/in DrRichSwier.com, Economy, Elections, Politics /by DrRichSwier.comBy Dr. Rich Swier BOCA RATON, Fla./PRNewswire-HISPANIC PR WIRE/ — Hispanics are increasingly concerned about their personal finances, leading to a decline in optimism in the U.S. economy during the third quarter, according to a new poll from the Florida Atlantic University Business and Economics Polling Initiative (FAU BEPI). The Hispanic Consumer Sentiment Index dropped to 74.3 […]
California’s Economy Heading For Disaster As Companies Flee Socialist Insanity In Droves
/in DrRichSwier.com, Economy, Elections, Politics, Regulation /by DrRichSwier.comBy The Geller Report If you want to know what the left wants to do to the entire nation, look at California: unsustainably high taxes, soaring crime rates, filthy, dangerous cities full of insane and criminal homeless people — California is a leftist’s paradise. If Gavin Newsom is the Democrat nominee in 2024, as many […]
Americans Say Federal Government Has Too Much Power
/in Economy, Featured, Liberty, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Casey Harper Newly released polling data shows that a majority of Americans say the federal government has too much power. Gallup released the poll Wednesday, which showed that 54% of Americans said the federal government is “too powerful.” The survey found that 39% said the federal government has the right amount of power while only 6% […]
Stacey Abrams’ Plan to Fight Inflation: Abort Your Children
/in DrRichSwier.com, Economy, Elections, Healthcare, Politics /by DrRichSwier.comBy The Geller Report Stacey Abrams and other Democrats are fighting for abortions at eight, nine months and post birth. And they think they have the moral high ground. Monsters. And now Abrams has made the abortion issue not just about women and reproductive rights, but about inflation. The Biden regime has wreaked havoc on […]
Blake Masters and a Family-Focused Liberty Movement
/in Economy, Featured, Liberty, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy David Gornoski Younger voters online are closely watching Blake Masters’ Senate race in Arizona. Masters’ background as a disruptive innovator in technology and his penchant for irreverently challenging sacred cows has made his candidacy stand out in a noisy political moment. Despite an attempt by Democrats to fund an out-of-touch Libertarian candidate to spoil […]
Dems Are Successfully Executing a Long-Range Strategy on the Border
/in Economy, Featured, National Security, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Dr. Thomas Patterson Pundits commonly depict the ongoing calamity at our border as the result of Biden administration incompetence. As with inflation, urban crime, and the deficit, their near-complete lack of insight and management skills is leading us over a cliff. But this analysis itself is a major error. They know exactly what they […]
Pelosi on Voters’ Concerns About Inflation, Crime: ‘I Dismiss That’
/in Commentary, DrRichSwier.com, Economy, Elections, Politics, Taxes /by DrRichSwier.comBy Discover The Networks Tuesday on MSNBC’s Andrea Mitchell Reports, House Speaker Nancy Pelosi (D-CA) completely rejected a poll showing that Americans’ top concerns going into the November midterm elections are inflation and crime. Host propagandist Andrea Mitchell began, “Let’s talk about rising inflation concerns along with crime, giving momentum, new momentum to Republicans after the Democrats were closing the […]
ZELDIN SPIKES: NY Race Now A Toss-Up In Blue NY State As Voters Put Crime, Inflation As Top Issues in Midterm Election
/in DrRichSwier.com, Economy, Elections, Politics, Taxes /by DrRichSwier.comBy The Geller Report And this comes from a Left leaning poll. Lee Zeldin can win. The rational citizens of the state of New York must come out in full force and vote for Lee Zeldin. Vote the Left out of office. Save the state of New York. #Zeldin2022! New Quinnipiac NY poll has Kathy […]
Relations With China and the Arizona U.S. Senate Race
/in Economy, Featured, Liberty, National Security, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Neland Nobel Editors’ Note: The choice for the next Senator from Arizona between Blake Masters and incumbent Mark Kelly is not only critical for determining the majority in the United States Senate but vital for America’s national security interests. The following article explains the threat China poses to our nation on many levels but […]
Economic Truths, Perennially Forgotten
/in Economy, Education, Featured, Liberty, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy William M. Briggs In 2021, Treasury Secretary Janet Yellen assured Americans that recent inflation was “transitory.” Back in 2017, Yellen, then Chairman of the Federal Reserve Board, hinted there would not be another financial crisis “in our lifetimes.” Maybe she got that idea from Morgan Stanley boss James Gorman, who in 2013 put the […]
Under Democrat Rule Average 401K Plans are Down $34,000, More Than 24% In Less Than A Year
/in DrRichSwier.com, Economy, Elections, Featured, Politics /by DrRichSwier.comBy The Geller Report What kind of a stupid bastard would vote for this? How is it even a contest? The Democrats are destroying EVERYTHING. Meanwhile government officials are getting wildly rich. Under Biden, the average 401k plan is down “about $34,000—more than 25% in less than one year.” pic.twitter.com/HhuOblaJYc — RNC Research (@RNCResearch) October […]
Pay-to-Play in the China Swamp
/in DrRichSwier.com, Economy, Elections, National Security, Politics /by DrRichSwier.comBy The Daily Skirmish – Liberato.US Finally, people are catching on to how our corrupt elites are beholden to China, starting with the first family. The Biden family received a $5 million interest-free, forgivable loan from a Chinese energy company five years ago, according to FBI evidence. Senator Chuck Grassley called for a pay-to-play corruption investigation. Joe […]
Biden Administration’s Attempt to Loosen Document Verification Would Clear the Path for Fraud and Unlawful Employment
/in DrRichSwier.com, Economy, Elections, Immigration, Politics /by DrRichSwier.comBy Federation for American Immigration Reform Washington, D.C. — Today the Federation for American Immigration Reform (FAIR) submitted a public comment in response to a Notice of Proposed Rulemaking (NPRM) that seeks to significantly alter the physical document examination requirements associated with employment eligibility verification (Form I-9). During the height of the COVID-19 pandemic, U.S. Immigration and Customs Enforcement (ICE) instituted temporary flexibilities and […]
Dem ‘Moderates’ In Name Only Are Running For Key Offices Across America
/in Economy, Education, Featured, Liberty, National Security, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Deroy Murdock Editors’ Note: Senator Mark Kelly is on a prominent but deceitful list of Democrat Senators calling themselves ‘moderate’ (see below) but voting almost always with the far-left, progressive and socialist agenda of the modern Democrat Party and the White House cabal directing Joe Biden. In addition, the junior Senator from Arizona considers […]
Social Security COLA for 2023 Biggest since 1981, Might Finally Outpace Inflation, Unless Inflation Dishes Up More Surprises
/in Economy, Featured, ThePricklyPear.org /by ThePricklyPear.orgBy Wolf Richter Beneficiaries got whacked over the head in 2021 and 2022 by raging inflation that outran the COLAs. Among the raging and worse-than-expected inflation data released today was the Consumer Price Index for All Urban Wage Earners and Clerical Workers (CPI-W), which the Social Security Administration uses to calculate the Cost-of-Living Adjustment (COLA) for Social […]