Housing correction in full swing and still heading down…

Record property plunge: Luxury home purchases fall 28% while rest of market plummets 19.5% as rising interest rates and soaring inflation spark decline that ECLIPSES pandemic plunge

    • Luxury home sales in the US have sunk by 28.1 percent year-over-year in August, beating out the previous record drop of 23.2 percent in June 2020
    • Markets in Oakland, San Jose, Miami, San Diego and Seattle have seen the biggest hits this year as all 50 major metro areas have been impacted
    • Non-luxury home sales across the nation have also dipped by 19.5 percent
    • Economists said the drop in sales can be attributed to soaring federal interest rates and high inflation 
    • Mortgage rates also hit above 6 percent last week, exceeding rates since the 2008 market crash 

The biggest drop in both luxury and non-luxury homes sales year-over-year were concentrated in California and the West

Who could have seen this coming?

LAPD Reports ‘Troubling’ Increase in Armed Robberies

Los Angeles DA George Gascón, Commie

“…Los Angeles Police Department (LAPD) Chief Michel Moore reported Sept. 20 a “troubling” 52 percent increase in robberies with a firearm compared to 2019. Robberies overall are up 17 percent compared to the same time last year, according to the LAPD…”

Related:

New DA Gascon to decline prosecution on range of low-level crimes.

The Democrat strategy for midterms: “say anything”

Related:

Amy Klobuchar Makes Wild Suggestion That Voting Democrat Will Stop Hurricanes

https://youtu.be/Px2CFrNGRvA

The health care bureaucracy has failed America. There must be consequences for those responsible.

CDC walks back COVID guidance again, finds lasting post-vaccine heart problems in young adults

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Related:

CDC drops universal masking at nursing homes, hospitals

And:

The Atrocious Ethics of Fauci’s Lockdown Defense

“…Fauci, on the other hand, is defending “draconian” public policies that harm innocent people. During the pandemic, people were arrested for leaving their homes, driving their cars, paddling a boat, or going to a park. Moreover, Fauci admits these draconian policies also had other “deleterious consequences.” These included mental health deterioration, record drug overdoses, systemic fraud of taxpayers, millions of jobs lost, increased self-harm (especially among teenage girls), and more.

Despite these consequences, Dr. Fauci has consistently defended lockdowns, insisting that the draconian policies served a greater good…”

A lot fewer Americans will comply with the dictates of health care bureaucrats in the future.

Related. There must be consequences for those responsible:

Rand Paul: “There will be a Special Counsel for Dr. Fauci”

Tucker Carlson on Italy’s election…

Related:

However, there is a hard reality ahead for Ms. Meloni:

Giorgia Meloni is no springtime for Italian fascism

“…With Italy already mired in economic woes, Meloni isn’t going to be able to convert it into a fascist state. Quite the contrary. Given the turbulent nature of Italian politics and the tawdry character of her political allies, she’ll be lucky if she can hold her coalition together for six months. Her Roman Holiday ends the moment she enters office…”

Josh Hawley: “The corruption and abuse of law is out of control”

Related:

Either European countries are individual nation-states or they are not. Do they take directions from an unelected EU commissioner or from their voting populations?

Biden as bone-headed ballistics expert!

Biden Talks Ballistics Again, Reiterates Jumbled Claim About Speed of AR-15 Bullets

WILKES-BARRE, PENNSYLVANIA, UNITED STATES – 2022/08/30: President Joe Biden speaks at a Safer America rally, demanding gun control. President Joe Biden visited Wilkes-Barre, Pennsylvania, to discuss his plan to reform gun control. During his speech, he touted beating the NRA. Biden is visiting cities for his Safer America plan. 

Doug Santo