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Monday, September 26, 2022
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1.
Housing Market is in a Recession

Daily Mail: Record-high housing prices in the US could collapse by up to 20 percent over the next year if a recession sparked by Joe Biden’s inflation takes hold, a top Wall Street economist has warned. Ian Shepherdson, a chief economist at Pantheon Macroeconomics, pointed out that home prices have already declined by about five percent from their peak in May and will continue to tumble. According to his previous work, there are now 40 percent more single-family homes available than four months ago. Prices for homes sank by 0.7 percent in August, but Shepherdson predicts a total decline of up to 20 percent by the middle of 2023 (Daily Mail). Insider: However, they emphasized the current housing downturn won’t crash the rest of the US economy, as the market has fewer entrenched risks than during the mid-2000s housing bubble. Still, there are growing concerns about the sector. Inflation, which surged to a 40-year high in June and remained above 8% in August, has squeezed consumers’ budgets (Insider).

2.
Governor Newsom Signs Bill Allowing Illegal Immigrants Access to State IDs

ABC: Gov. Gavin Newsom signed a bill into law on Friday allowing undocumented immigrants the opportunity to obtain a state ID. The legislation aims to support immigrants by expanding their access to state programs. Critics have argued it rewards people who enter the country illegally, and they’ve expressed concerns about the cost of rolling out the new IDs (ABC). KTVU: AB 1766, also known as “California ID’s For All”, was introduced by Assemblyman Mark Stone earlier this year. Anyone with a state ID can gain employment, health care, housing, and secure a bank account (KTVU).

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3.
Texans Support Governor Abbott Bussing Illegal Immigrants to Sanctuary Cities

Townhall: As the Biden administration continues to ignore their responsibilities of keeping the southern border secure, Republican governors are taking the issue into their own hands and sending the illegal migrants elsewhere so the Democrats will be forced get a grip on the crisis. The Texas Politics Project at the University of Texas found that 52% of Texas voters want Gov. Greg Abbott (D-TX) to continue to bus migrants out of their state (Townhall). University of Texas: The latest University of Texas/Texas Politics Project poll finds Gov. Greg Abbott sustaining a polling lead over Democratic challenger Beto O’Rourke, 45%-40%, albeit one that has narrowed as the gubernatorial campaign enters its final and most public phase (University of Texas).

4.
Pro-Life Speaker, Counselor Arrested by FBI for Charges Dropped by Local Courts

LifeSite News: A well-known pro-life author, sidewalk counselor, and father of seven was the latest victim of a U.S. Department of Justice-sponsored SWAT raid and arrest — for supposed “FACE Act” violations — at his rural home as his children looked on “screaming.” Mark Houck is the founder and president of The King’s Men, which promotes healing for victims of pornography addiction and promotes Christian virtues among men in the United States and Europe (LifeSite News). Charlie Kirk: The Biden Regime sent 30 heavily armed FBI agents to arrest Mark Houck because he pushed a Planned Parenthood activist shouting profanities at his 12 yr old son. Where’s the FBI on the 60+ pregnancy centers that have been firebombed by leftwing domestic violent extremists (Twitter)?

5.
Biden Lies About Gas Prices, Gets Fact Checked

Even CNN is calling out his blatant lie. CNN: During a campaign-style Friday speech at a Democratic National Committee event in Washington, President Joe Biden boasted about the three-month decline in gas prices and about the unemployment rate. But he used inaccurate figures on both subjects… Biden’s claim about average gasoline prices was false, as the White House acknowledged by correcting the official transcript after CNN inquired about the claim on Friday afternoon (CNN). RNC Research: BIDEN: “In 41 states plus D.C., the average gasoline price is less than $2.99.” That’s completely made up. There are ZERO states with an average price under $2.99/gal — and gas prices remain $1.31/gal higher than when Biden took office (Twitter). According to AAA, the national average is $3.71 (AAA).

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6.
Poll Indicates Tight Midterms with Determining Factor Being Biden’s Low Approval Rating

New York Post: ​With control of Congress hanging in the balance, Republicans and Democrats are neck-and-neck in the weeks before November’s midterm elections,​ according to a poll released on Sunday. Registered voters are giving the GOP the advantage on inflation, the economy and crime, while Democratic candidates are getting an edge on abortion and climate change. Asked if the election for the House were held today, 47% of voters said they would choose the Republican candidate, compared to the 46% who opted for the Democrat (New York Post). ABC: The president’s standing customarily is critical to his party’s fortunes in midterms — and Biden is well under water. Thirty-nine percent of Americans approve of his job performance while 53% disapprove, about where he’s been steadily the past year. Specifically on the economy, with inflation near a 40-year high, his approval rating is 36% while 57% disapprove (ABC).

7.
Liz Cheney Claims if Trump Becomes the GOP Nominee, She Will No Longer Be a Republican

CNN: Wyoming GOP Rep. Liz Cheney said at The Texas Tribune festival Saturday that if former President Donald Trump becomes the Republican Party’s nominee for president in 2024, she will not remain a Republican. “I’m going to make sure Donald Trump, I’m going to do everything I can to make sure he is not the nominee. And if he is the nominee, I won’t be a Republican,” Cheney said. Cheney also said she will campaign for Democrats to ensure that Republican candidates who promote election lies do not get elected (CNN). Townhall: Speaking to Texas Tribune CEO Evan Smith, Cheney said that she is committed to keeping Trump as far away from the White House as possible, even if that means she needs to run against him (Townhall).

8.
Heritage Foundation Analysis Finds Americans Have Lost $4,200 in Income Due to Inflation

Heritage: New economic numbers show that the average American has lost the equivalent of $4,200 in annual income under the Biden administration because of inflation and higher interest rates… Under former President Trump’s low-inflation economy, the average American worker’s real annual earnings increased by $4,000. That has been completely wiped out in about a year and a half under the Biden administration (Heritage). Daily Mail: Wage growth in the U.S. has risen to its highest in years, but most American workers say their pay increases are not keeping pace with the rise in costs of everyday goods (Daily Mail).

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9.
Hillary Clinton, Democrats Equate Republicans to Nazis Because They Pointed Upward

Hillary Clinton has a history at name calling republicans. Before the 2016 election, she called the republican base “deplorables.” Fox News: Trump hosted a rally in Youngstown, Ohio, last Saturday in support of US Senate candidate JD Vance, who is facing Democratic Rep. Tim Ryan to succeed retiring Republican Sen. Rob Portman. Some Trump supporters in attendance raised one index finger in the air at the end of the former president’s speech. Taylor Budowich, a spokesman for Trump, accused Clinton of “using some of the most disgusting smears imaginable” (Fox News). Jon Levine: Hillary Clinton likens Trump supporters to Nazis during remarks at the Texas Tribune Festival in Austin “What’s happened to these people” (Twitter)? Daily Wire: Washington Post columnist Jennifer Rubin claimed that Trump supporters pointing in the air “bore an uncanny resemblance to the infamous Nazi salute.” Other left-wingers, including feminist author Joyce Carol Oates, Harvard professor emeritus Laurence Tribe, retired Army General and MSNBC contributor Barry McCaffrey, and the left-wing legal organization Citizens for Ethics all compared the rally attendees to Nazi supporters on Twitter (Daily Wire).

10.
Florida Prepares for Possible Landfall of Hurricane Ian

USA Today: Tropical Storm Ian was forecast to rapidly gain strength Sunday while racing across the Caribbean toward Cuba and threatening a big hit to Florida’s west coast later in the week. As Ian approaches Florida, Accuweather said the storm could reach Category 4 status, which means sustained winds between 130 mph and 156 mph. Florida Gov. Ron DeSantis urged residents to load up on food, water, medicine, batteries and fuel. He said it was too soon to determine when or even if Ian will make landfall, but that evacuations may be ordered in coming days (USA Today). Daily Mail: Photos from the weekend showed lines of Floridians stretching back from supermarket registers through aisles stripped bare of bottled water and other essentials. Shots from one Florida Costco showed an individual with two industrial sized pallets piled high with cases of water, while at Home Depot and hardware store’s people flocked to the construction materials aisle to load up on planks of plywood to board their windows up with (Daily Mail).

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