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How the “Affordability Crisis” Migrated from High-Income Rental Markets, as Manhattan & San Francisco, to Lower Income Markets, as Detroit & Fresno

by Wolf Richter
Wolf Street

The distortions caused by the shift to working from anywhere are hitting households that can least afford it.

For months, we have seen in the data how the large-scale shifts coming out of the Pandemic have impacted the housing markets around the country. In terms of rents, tenants have left big expensive places, such as San Francisco, Silicon Valley, Boston, or Manhattan, thereby leaving behind high vacancy rates, plunging rents, and massive churn by the stayers-behind that are chasing that free upgrade to a nicer apartment, as landlords are trying to keep their units filled.

And we have seen in the data that this outflux has created, conversely, a large-scale influx in the destination places, usually less expensive markets, and have driven up rents in those markets.

Continue Reading at WolfStreet.com…

From American Dream to American Nightmare

by James Quinn
The Burning Platform

For most of the ninety years since James Truslow Adams coined the term American Dream, most Americans still believed the fairy tale of the American Dream, that no matter how humble your beginnings, everyone had a fair chance to become a success in America, based upon your individual talent, intelligence, work ethic and a society that rewarded those who exceled. Sadly, that dream is no longer achievable for most Americans. Our society has devolved into an oligarchy since The Epic of America was published in 1931, where a powerful few rule over a willfully ignorant many through propaganda, mistruth, fear, and an iron fist.

Continue Reading at TheBurningPlatform.com…

Infrastructure Bills Do Not Lead to Recovery, Only Increased Federal Control

by Brandon Smith
Alt Market

The concept of infrastructure stimulus has been hyped for decades as a kind of cure-all for economic decline. The propaganda runs parallel to the narrative of the “savior” of the Great Depression, Franklin Delano Roosevelt. In fact, one cannot examine the presidency of FDR without being bombarded with one sided worship of infrastructure spending and the “New Deal.”

The New Deal is often credited in left-leaning literature as being the singular cure for the depression, and FDR by extension has been handed messiah status among leftists. The New Deal is supposedly proof that massive socialized federal and central bank interventions through public works programs is an economic ambrosia. So, it’s not surprising that nearly every president since the Great Depression has argued for an unprecedented infrastructure bill when faced with economic collapse. A large portion of the public on both sides of the aisle has been trained to think these programs will save us.

Continue Reading at Alt-Market.us…

Leftists Will Say Anything to Keep People Masked

by Andrea Widburg
American Thinker

Vaccinations or not, Dr. Fauci wants everyone to continue with lockdown behavior and, most especially, to keep wearing masks. It’s safer that way. Meanwhile, a San Francisco publication says we must keep wearing masks because race-based vaccine inequities make it rude to cast them off. Underneath this specious reasoning is the leftists’ desperate desire to erase our individuality with masks.

As we’ve noted at American Thinker, there’s increasing evidence that masks not only aren’t helpful, they’re counterproductive, as well as being dangerous and dirty. Nevertheless, leftists will not let go of their mask obsession.

Fauci, of course, is all-in on masks. Indeed, he’s still all-in on lockdowns to judge by all the activities he urges Americans to continue avoiding. I’m not making that up. Pay attention to the last tweet in this thread:

Continue Reading at AmericanThinker.com…

The Early Stage of Breakouts in Gold, Silver and Mining Stocks

by David Kranzler
Investment Research Dynamics

“Management withheld metal [silver] from sale during the price correction over last two weeks of March and plans to sell the withheld metal inventory in anticipation of a precious metal prices rebound in Q2, 2021” – Endeavor Silver ($EXK) management, Q1 earnings report

It’s rare to find a stronger statement of conviction for the price potential of gold and silver than for a company to withhold production from the market in the anticipation of higher prices for the precious metals. I would argue that implicit in that view from EXK is the acknowledgement that the prices of gold and silver are actively manipulated.

But the inflation genie is out of the bottle now and India, China and Russia – along with several other eastern hemisphere countries (Hungary’s Central Bank just tripled its gold reserves) – are furiously importing gold bars.

Continue Reading at InvestmentResearchDynamics.com…

Trump Blasts McConnell, Fauci at RNC Donor Event

by Penka Arsova
LaCorte News

Former President Trump took aim at Senate GOP Leader Mitch McConnell and Dr. Anthony Fauci, among others, during a Republican National Committee donor gathering over the weekend.

The event took place at the former president Mar-a-Lago club in Palm Beach, Florida, where he made a roughly 50-minute speech. He reportedly went off-script multiple times.

He invoked the names of several Republicans and other officials who served under the Trump administration. Trump specifically called out GOP lawmakers over what he described as a lack of support after the November election, which, he claims, was riddled with fraud that led him to lose to President Joe Biden.

What he said: The president slammed McConnell and Fauci, who currently serves as chief medical advisor to the president, criticized McConnell’s wife, and said he is “disappointed” in the former vice president Mike Pence. He also promised to help the GOP get back their majority in Congress.

Continue Reading at LaCorteNews.com…

The CDC Mocks NPCs Who Take the Vax, DMX and Prince Philip Today’s Vaccine Deaths & Corbett Report is Removed

by Jeff Berwick
Dollar Vigilante

On today’s episode of Jeopardy! World Tour, with Lucy and Jeff:

1. This country has literally been making a killing with the manufacturing and export of disposable face masks since 2020.

Who is China?

In 2020, Germany alone imported protective face masks worth around 6 billion euros (7.2 billion U.S. dollars) –– almost all of them from China.

In January 2021, 1.4 billion face masks worth 186.7 million euros (222.5 million dollars) were imported to Germany, with 94 percent of them from China.

This is what you are buying on Amazon: “Disposable Face Masks – 50 PCS – For Home & Office – 3-Ply Breathable & Comfortable Filter Safety Mask – Made in the USA”

Continue Reading at DollarVigilante.com…

No Amendment to the Constitution is Absolute. – Quote by Joe Biden

by Bob Rinear
The International Forecaster

And there it is. Joe Biden, who probably doesn’t know what he’s saying any more, is coming after guns in a big way. Second Amendment? Not absolute in Joey’s eyes. It shouldn’t surprise anyone, the left has been on that little treasure hunt for years.

(Oh and by the way, Joe’s also rounded up a think tank group to explore expanding the Supreme Court. Remember when he was asked about “packing the court” and he wouldn’t respond? He said people shouldn’t know until he’s president. What a guy.)

One of the things that generally astounds me, is how the left comes up with solutions to problems, but never addresses the problem. Frankly and I’m sure I’m going to tick off some people here, they seem incapable of rational and logical thought. Hey feelings are great and doing things that makes you feel good is something all of us like. But doing something that won’t work, just because you think it feels good, is futile. I’ll try and refrain from saying stupid. Oops, just did.

Continue Reading at TheInternationalForecaster.com…

Protesters Rip Down Government Fencing Around Alberta Church; Police Show Up in Riot Gear

by Jon Brown
Daily Wire

Some of the protesters who demonstrated against the Royal Canadian Mounted Police (RCMP) on Sunday after they erected a three-walled chain link barrier around GraceLife Church in Alberta, Canada, attempted to rip down portions of the barricade.

RCMP responded in force, decked out in riot gear and masks, according to video posted to social media.

[…] Sheila Gunn Reid, a journalist with Rebel News who has spent two months with the GraceLife congregation as they have defied the provincial lockdowns on houses of worship, explained to The Daily Wire that the agitation was not because of anyone at the church.

“What I can tell you is that most of the congregation was with Pastor Coates today, who was holding services at an undisclosed location off-site to avoid any trouble,” she said. “For them, this is not about a building, it’s about being able to gather in-person. That’s why they got in trouble in the first place for not limiting the congregation for 15% of fire code capacity.”

Continue Reading at DailyWire.com…

Another Covid Myth Dies the Death

by Jeffrey A. Tucker
The American Institute for Economic Research

Going to the grocery store in Massachusetts in 2020 guaranteed you would breathe heaps of sanitizer. A full-time employee scrubbed down shopping carts between customers. Conveyor belts at the checkout counter were blasted and wiped between every sale. Glass surfaces were sprayed as often as possible. The plastic keypads on credit machines were not only covered in plastic – why putting plastic on plastic stopped Covid was never clear – but also sprayed between uses.

Employees would carefully watch your hands to see what you touched, and as you exited the space would cover the area with cleaning spray.

It was the same at offices and schools. If a single person turned in a positive PCR test, the entire place had to be evacuated for a 48-hour fumigation. Everything had to be wiped, sprayed, and scrubbed, to get rid of the Covid that surely must be present in the bad place. The ritualistic cleaning took on a religious element, as if the temple must be purified of the devil before God could or would come back.

Continue Reading at AIER.org…

A Contrarian Bet Against Inflation

by Rick Ackerman
RickAckerman.com

The inflation trade is struggling for loft, a potential victim of its own, wild popularity. “We don’t have strong reflation-trade momentum at the moment because people are waiting for more data,” said Daniel Tenengauzer, markets strategy chief at Bank of New York Mellon. By his logic, all that it would take to stoke inflation would be a little more…inflation. So much for the markets’ supposed gift of prescience. Tenengauzer and his flock should instead be asking themselves when was the last time every investor on the planet got on the same side of a bet and made money. Answer: never. That hasn’t stopped them from praying that Tuesday’s release of CPI numbers for March will show a significant jump. Don’t these guys know that the harder they hope for statistical evidence of inflation, the less likely it is that the markets will move their way if and when it comes? Buy the rumor, sell the news, as the saying goes.

Prominent among those who have made money for clients in the past by betting against the popular wisdom is Lacy Hunt, chief economist at Hoisington Investment Management. The firm’s official position is that “inflationary psychosis” has gotten too far ahead of the real thing. Hunt is an old-timer who well understands how inflation fears can flout reality – for decades, even –causing otherwise astute investors to do the wrong thing.

Continue Reading at RickAckerman.com…

Rana Vig: Biden’s Tax Plan, and the Central Bank Are Setting Up a “Perfect Storm” for Precious Metals

by Mac Slavo
SHTF Plan

Rana Vig, the CEO of Blue Lagoon Resources says that the Biden administration’s plan to steal more from the American public is going to have a harsh effect on the economy. Coupled with the central banks’ money creation, a perfect storm is forming for both gold and silver.

The accelerated devaluation of the dollar has begun. In an interview with X22 Report, Vig says the tax plan will force businesses out of the country. The worldwide stimulus printing is setting up the perfect storm for precious metals.

Because YouTube has fully censored X22 Report, the video can be found on Rumble.

Continue Reading at SHTFPlan.com…

Will Evidence Matter in Chauvin’s Trial?

by Dr. Paul Craig Roberts
PaulCraigRoberts.org

Evidence is coming out in the courtroom, although not in the US media, that Officer Chauvin’s arrest was based entirely on “camera perspective bias,” as I previously reported. As the police videos demonstrate, Chauvin’s knee was on Floyd’s shoulder blade and not on his neck.

https://sputniknews.com/us/202104061082555798-what-killed-floyd-lawyer-plays-30-sec-video-showing-chauvin-knelt-on-black-mans-shoulder-blade/

My opinion is that evidence will play no role in the trial. If evidence mattered, Chauvin would not be on trial. I hope I am wrong. But if Chauvin is acquitted, “All Hell Will Break Loose,” and this fear will produce a guilty verdict. The utterly corrupt Minnesota Democrats will sacrifice an innocent person in order to appease the ignorant mob. Consider, if you were a juror, would you acquit Chauvin when you know that your name will be leaked and Antifa and Black Lives Matter will burn down your home in your police-defunded city? Americans so easily scared silly by the Covid propaganda haven’t the stamina to stand up to an angry mob.

Continue Reading at PaulCraigRoberts.org…

Homicide Rates Are Absolutely Soaring as Hearts Grow Ice Cold All Across America

by Michael Snyder
End of the American Dream

From coast to coast, major U.S. cities are being transformed into war zones, and our politicians seem powerless to stop the carnage. If we can’t even feel safe walking down the street anymore, what does that say about our society as a whole? Over the past couple of months, I have published article after article documenting the shocking deterioration of our society as a whole, but most people that I interact with still seem to think that conditions will return to “normal” eventually. Unfortunately, I do not believe that is going to be the case. The riots and violence that erupted in 2020 have sparked a wave of civil unrest that has spilled over into 2021, and we continue to see incidents of civil unrest on an almost nightly basis. For example, over the weekend rioters in Portland set the ICE building on fire while agents were still working inside. Hearts have grown so cold in this country, and it is only going to get worse.

Continue Reading at EndOfTheAmericanDream.com…

Must Watch: This is How to Stand Up to the Covid Lockdown Nazis

Yet another heartening video out of Canada shows citizens are beginning to stand up to the medical tyranny

by Infowars.com
Info Wars

Inspiring video out of Canada shows a store full of patrons refusing to back down to COVID-19 lockdown enforcers trying to shut the business down.

The footage, taken in Barrie, Ontario over the weekend, begins with a pair of government workers attempting to intimidate the owner of the Simmering Kettle bistro over a number of customers without masks.

[…] One government worker appears to lecture the business owner about the number of maskless customers in the bistro in violation of COVID restrictions.

One fed-up customer interrupts to bring up an injunction that was filed over COVID regulations, telling the workers to refer to the sign outside the business instead of “preying” on business owners.

Continue Reading at InfoWars.com…