Cortese shared about the audit on a recent episode of EpochTV’s “Bay Area Innovators.”

He said $24 billion is what was invested throughout the state of California by the time the audit came out, and with that spent on 58 counties, homelessness should have been wiped out.

“We want homelessness to be resolved, to be eradicated, really … but that hasn’t happened, obviously. Everyone can see that with their own eyes,” Cortese said. “In San Jose … there’s still somewhere between 4,500 and 5,000 people on the streets.”

He noted that there are two types of homeless people, those who are sheltered and those who are unsheltered. […]

— Read More: www.theepochtimes.com

Guest host David Asman said, “Jay Powell was talking yesterday about fiscal responsibility and of course some people wonder about the responsibility of the Fed to inform Congress and the White House when they’re not being fiscally responsible. But let me just roll that tape and get your response.”

Powell said, “The U.S. fiscal, federal government’s fiscal path, fiscal policy is on an unsustainable path. You’ve got a very large deficit at, you’re at full employment and that’s expected to continue. So it’s important that we, you know, that to be dealt with. It is ultimately a threat to the economy.”

Asman said, “Yeah, well, where was he with the rollout of all that deficit spending of the Biden administration?”

Carney said, “Right, we needed to hear from him back in 2021 when the Biden administration was rolling out the American Rescue Plan, another two trillion dollars.” […]

— Read More: www.breitbart.com

Like so many disasters, this started out with a great idea proposed by the venture Marxists who grift their way to the top of most federal agencies.

The Biden administration in 2021 unveiled an initiative to kick-start smaller meatpackers and help the U.S. food system avoid supply shocks such as those during the Covid-19 pandemic, when shutdowns of meat plants backed up livestock on farms and prompted some farmers to euthanize animals.

If, in the words of the prophetic James Carville, you “drag a hundred-dollar bill through a trailer park, you never know what you’ll find,” then you can imagine the effect of $325 million in grants and $700 million in federally secured loans had on the meatpacking industry. It increased everything except production and market share.

This project has sad echoes throughout the economy.

The Bipartisan Infrastructure Law, which Biden signed in November 2021, included $7.5 billion for EV charging. Of that, $5 billion was allocated to individual states in so-called “formula funding” to build a network of fast chargers along major highways in the National Electric Vehicle Infrastructure, or NEVI, program.

But after two years, that program has only delivered seven open charging stations with a total of 38 spots where drivers can charge their vehicles, according to a spokesperson for the Federal Highway Administration. (The funding should be enough to build up to 20,000 charging spots or around 5,000 stations, according to analysis from the EV policy analyst group Atlas Public Policy.) Stations are open in Hawaii, New York, Ohio and Pennsylvania and under construction in four other states. […]

— Read More: redstate.com

It stands to reason that Trump Media shares would also be on the rise, especially after Trump torched the people saying that he was about to offload his shares in the company.

New York Post reported:

“Shares of Trump Media & Technology Group jumped on Friday after President-elect Donald Trump said he had no intention of selling his shares in the company, which owns his Truth Social media platform.”

Trump took to Truth Social to counter what he described as ‘rumors’ that he had the intention of selling his shares.

“’There are fake, untrue, and probably illegal rumors and/or statements made by, perhaps, market manipulators or short sellers, that I am interested in selling shares of Truth’, Trump wrote. ‘THOSE RUMORS OR STATEMENTS ARE FALSE. I HAVE NO INTENTION OF SELLING!’, Trump added.”

Shares of the social media company jumped 15% higher on Friday at $31.91, with a session high of $33.03. […]

— Read More: www.thegatewaypundit.com

“Your pocketbook is bad, not because the Bidens did anything. Not because the economy is bad. Your grocery bills are what they are because the folks that own the groceries are pigs,” Whoopi said hatefully.

Wanting to talk about "the real stuff," multi-millionaire, Whoopi Goldberg declares "your pocketbook's bad not because of the did anything, not because the economy is bad" but because "the folks that own the groceries are pigs!" pic.twitter.com/xoKkKIMtao

— Nicholas Fondacaro (@NickFondacaro) November 7, 2024

Fake Republican Alyssa Farah Griffin agreed, adding, “But no one articulated that.”

Whoopi, who makes $8 million a year on the show, spreading this hate, then went on, “Well, that’s what I’m saying, is that let’s talk about the reasons why stuff—gas is high, not because the Bidens didn’t try to help, but because the folks who control that decided ‘I want mo’ money!’”

GROCERS ARE OUTRAGED

The National Grocers Association warned that her remarks could fuel violence against store employees, emphasizing that inflation stems from broader economic issues. […]

— Read More: www.independentsentinel.com

Modern nuclear technologies show promise and offer a safer harnessing of the mighty atom. The limitations of renewable energy technologies – particularly a continuing need to power the electric grid with difficult-to-replace fossil fuels, including coal, oil, and natural gas – have caused even left-leaning environmentalists to give the castaway nuclear harlot another gander. And she’s lookin’ good!

Horrors of Atomic Armageddon Abate

Fears of bureaucratic incompetence or corruption in safely maintaining massive1950s nuclear reactors were the stuff of end-of-the-world disaster movies long before the proliferation of real nuclear incidents proved such anxieties were quite sensible. Godzilla was a fictional depiction of lurking real-life anxiety, compounded by justifiable concerns about terrorist attacks against nuclear installations and where to safely store spent radioactive fuel cells forever (if not beneath Yucca Mountain). Other blockbuster flicks teased audiences with nuclear salt for their worried nerves: Damnation Alley, Fail-Safe, Goldeneye, Silkwood, The Hunt for Red October, and The China Syndrome examined various threats of the dawning atomic age.

Hollywood may have to shift its Armageddon themes to climate change, nasty pathogens, or alien invasions; its honeymoon with atomic horror movies has largely ended. Many US reactors have been permanently decommissioned, reducing threats from operation, terrorism, and disposal. Americans just aren’t having nuclear nightmares the way they used to. The promises of future technologies suggest they may finally be able to sleep well. […]

— Read More: granitegrok.com

“How much do you think we can rip out of this wasted, $6.5 trillion Harris-Biden budget?” Howard Lutnick, a Wall Street CEO and Trump’s transition team co-chair, asked Musk.

Musk said in response that he thinks “at least $2 trillion” could be cut. It’s a nice round number, but how realistic is it?

If we’re asking if the fat is there to achieve $2 trillion in cuts, the answer is obviously “yes.” If you’re asking if it can realistically be done, the answer is a resounding “no.”

Most of the thousands and thousands of federal programs and departments have a constituency in Congress. Each of those line items in the budget represents human beings: sick people, poor people, old people, babies, and tens of millions of other human beings that would die without federal assistance. That’s the reality for anyone who wants to cut the budget. […]

— Read More: pjmedia.com

Sanders made the remarks during a Sunday interview on CNN’s “State of the Union” with host Dana Bash while discussing criticism he has faced from Rep. Nancy Pelosi (D-CA), the former speaker of the House.

When asked if he stood by what he said, Sanders responded: “Oh, absolutely.”

“Look, Joe Biden is a friend of mine,” he said. “I have been proud to work with him on an agenda which has been very strongly in favor of the working class. Biden promised to be the most progressive president since FDR. In many ways, on domestic issues, I think he kept his word.”

“But here is the reality,” he continued. “The working class of this country is angry, and they have a reason to be angry. We are living in an economy today, Dana, where the people on top are doing phenomenally well, while 60 percent of our people are living paycheck to paycheck, 25 percent of elderly people are trying to get by on $15,000 a year or less.” […]

— Read More: www.dailywire.com

After Trump’s sweeping win on Wednesday, 30-year fixed mortgage rates briefly surged before settling at 6.98% the next day, according to Mortgage News Daily. On Friday, they settled at 6.92%.

That’s bad news for house hunters, who had hoped the Fed’s recent interest rate cuts would finally ease mortgage rates, which surged during the pandemic as government stimulus helped kickstart inflation on everything from groceries to cars.

The problem: While mortgages can often align with the Fed’s key lending rates, they are more directly tied to 10-year treasury bond yields. These treasury yields often spike on reports of strong economic growth, which can cause inflation.

The US 10 Year Treasury – which jumped to 4.475% on Wednesday – closed on Friday at 4.302%. […]

— Read More: nypost.com

When it comes to housing, however, leading Democrats are offering lip service to supply, while simultaneously engaging in counterproductive schemes to deflect responsibility for rising costs.

Instead of addressing the true sources of inflation and economic instability, the administration’s go-to response is to take cheap shots at the private sector.

Addressing the national housing shortage will require an estimated 1.7 million new homes each year, on average, until 2030. As its response to this crisis, the Biden-Harris administration has chosen a desperate, partisan approach by scapegoating private-sector technology through litigation.

The Department of Justice is suing rental industry software company RealPage Inc., alleging it played a role in raising rents for apartments and multifamily dwellings. Blaming a single data analytics company for the nationwide housing shortage and inflationary pressures may seem bizarre — and it is. We need real solutions. […]

— Read More: www.theblaze.com