Credit card balances 90+days delinquent is the highest since 2011. 
The New York Fed Quarterly Report on Household Debt and Credit for 2025-Q4 shows disturbing trends in delinquencies.
Delinquency & Public Records
- Aggregate delinquency rates worsened slightly in the fourth quarter of 2025. As of the end of December, 4.8% of outstanding debt was in some stage of delinquency, 0.3 percentage points higher than 2025Q3.
- Transition into early delinquency ticked up slightly for mortgages and more significantly for student loans, but held mostly steady for autos, credit cards, and HELOCs.
- About 124,000 consumers had a bankruptcy notation added to their credit reports in 2025Q4, from 141,000 in previous quarter.
Housing Debt
- There was $524 billion in newly originated mortgage debt in 2025Q4.
- About 58,000 individuals had new foreclosure notations on their credit reports, an increase from the previous quarter.
Student Loans
- Outstanding student loan debt stood at $1.66 trillion in 2025Q4.
- The student loan delinquency rate remains elevated at 9.6% of balances 90+ days delinquent, reflecting continued effects from the resumption of payment reporting following the extended pandemic forbearance period.
- Approximately one million student loan borrowers who were more than 120 days past due had their loans transferred to the U.S Department of Education’s Default Resolution Group.
Household 2025 Q4 Percent of Balance Delinquent
Delinquency by Loan Type Details
- Credit card and auto loan defaults have surged to the highest levels since 2010-2011
- Mortgage loans and home equity loans defaults are low.
- This is the opposite of the Great Recession housing bust that started in 2007.
On average, those who own their home are doing much better than those who don’t. But not all home owners are doing great.
Many new home buyers struggle. And home owner’s insurance and property taxes have soared.
Delinquency Transition by Age
Delinquency Transition by Age Details
- Big surges in all age groups starting in 2025
- Age groups 18-29 highest since 2013
- Age groups 30-39 highest since 2014
Credit Card Delinquency Transition by Age
- Age groups 18-29 and 30-39 appear to be curtailing spending.
- Problems in age group 40-49 are high and rising.
- In general, there are huge sings of stress age 49 and younger.
This is not the greatest economy ever. Heck, it’s not a great economy period when so many struggle to pay bills.
Rising unemployment and inability to find jobs is spreading misery.
Related Posts
Related Posts
February 5, 2026: Challenger Job Cuts In January Highest Since 2009, Lowest January Hiring Ever
It’s more grim data to start the year.
February 7, 2026: Education and Health Services Is Now the Sole Driver of Jobs
A recession proof industry is the last industry standing.
February 9, 2026: Trump Thinks Kevin Warsh Can Deliver 15 Percent GDP Growth
“We can grow at 15 percent. I think more than that,” says Trump
It will be interesting to see how fast Trump turns on Warsh.
February 10, 2026: Retail Sales Fizzle, Real Sales Turn Negative from a Year Ago
Will the unexpected consumer spending weakness continue?
The delinquency charts help explain poor retail sales. Many consumers are forced to cut back.
This post will probably be lost to most readers so I’l post it again on a current thread. It is OT but quite telling to many readers.
Today the 11th of February there were 3,256,883 ounces of silver removed from the COMEX registered inventory.
For this delivery to occur during the non-delivery month of February is a big tell on what is going on in the silver market. The COMEX is now being used as a physical silver delivery facility. In addition to this, contracts for march delivery were rolled into February and will stand for delivery before the big March contract expiry.
This drawdown is over three times the already large February off-take of 800,000 ounces per day and inventory now breaks below 100 million ounces to 98,138,005 ounces.
For the first time ever, 98% of open contracts are standing for delivery.
The industrial uses of silver have exceeded production for five years running and demand for physical is growing rapidly.
For stackers or owners of mining shares this is fantastic news. JPM will eventually sell into this market as they have accumulated a huge position and some banks that are short will eat huge losses.
The Chinese investor Bianming that lives in Gibraltar is short 30,000 contracts of 5,000 per contract is about to jump off the rock…
Bravo For some and Ouch for others. Investing is like that!
THANKS FROSTY. YOU ARE THE BEST
As usual, you’re right on top of it! TY!
Do you think this will shift some investments from Gold over to Silver?
Business and asset-debt time-dependent fractal cycles … Accelerating private citizen debt default is another real canary in the uS and global economy recessionary coal mine. AG Bondi’s odd distraction technique in answering historical DOJ corruption and Epstein questions in congress today was to dwell on the good times associated with the (7 April 2025 53/108/56 day :: x/2x/(56 of 86-90 days) 2x’) 1982 to 2026 50K blow-off in the DJIA. Good luck with that strategy when the DJIA follows crypto and silver/gold to their 80% peak to nadir valuations in another 10 months …
Remove the anomaly of student loan debt, and compare the delinquency chart to interest rates of FFR and 10-year Treasuries. In 2003-2006 Greenspan suppressed interest rates to levels that created the mortgage crisis. Current 10-year Treasury rates are at the low end of these Greenspan levels. If the charts were extended back another decade it would yield a more accurate economic snapshot without Fed intervention. In the delinquency chart shown, the Fed has kept rates much lower than historic long-term averages except for 2 years. Note, the lows in the percent of delinquent loans during the pandemic, when rates were at historic lows for the century. Compared to the lower-lows in delinquency (less delinquency than the pandemic), after Yellen took rates back down to mortgage crisis levels in 2014-2017. The Fed’s excessive low rates have less effect on the percent of delinquent loans over time. Likely from the added cost of inflation low rates produced.
The largest shift I have seen in the silver market is China’s incredible build out of their electrical grid, solar power generation and EV’s.
Last year China built 200 GW’s of solar power generation. This year they are building another 500 GW’s and in 2028 they plan 1,000 GW’s of additional solar generation. Each panel uses approximately 20 grams of silver, there are 3,125 million panels required to create 1 GW/year of reliable electricity. That is approximately 2,1 million ounces of silver per GW. China used roughly 400 million ounces for solar in 2025. They will use 1.1 billion this year and potentially 2.2 billion ounces in 2028.
This consumption does not include all the switchgear battery storage and EV usage.
Silver is the metal to buy right now. Hopefully there will be a dip in silvers prices for us mere mortals to accumulate a bit!
I personally do not think the COMEX will default in March of 2026. But at some point they will fail.
As of February 2026, concerns regarding a COMEX silver default are centered on high demand, low registered inventories, and a projected March market squeeze where over 400 million ounces of demand face roughly 103 million ounces of supply. While structural deficits persist, analysts debate whether this will cause a physical delivery failure or a cash settlement. Investing.com
+4
Key Aspects of the 2026 COMEX Silver Situation:
Disclaimer: This information is based on market analysis and reports as of early February 2026 and does not constitute financial advice.
Part of the reason people buy silver and gold are for bad times, and during bad times one would expect delivery problems. People buying metal indirectly through ETFs for convenience may think they are protected, only to discover they don’t really have the underlying assets when they need them the most.
There is truth to the statement “If you don’t hold it, you don’t own it”.
The stackers were smart to buy and hold.
Owning the mining stocks (like I do) has resulted in paper profits and dividends denominated in dollars within the banking system. Those profits mean nothing if/when the wheels come off.
aye aye frosty. you are a wise fella. hat tip to you for sharing your wisdom. seems like you possess a heart and soul, too. rare in pax dumbfuckistan empire of war mongering uniparty cunts.
My take is that people world wide want similar things: Stable food and drinking water sources, a place to live and raise their children safely. People want to rely on their neighbors, governments and police to treat them fairly. People are willing to pay reasonable taxes and want their governments to respect other nations and their sovereignty.
Governments often do not share the peoples values and are unreasonably aggressive. I include the US as a nation with a government that is out of control and far too aggressive.
Given my relationships with police persons?
If you think cops are bad? Try living in a world without them…
The out of control ICE agents? They do not qualify as using reasonable force or good judgement.
been stacking since 1965 as a little boy with my parents. best to keep separate hoards in different jurisdictions………….the old geezers i was reared by all took their gold to toronto vaults when FDR made it illegal in 1933. this is not complicated stuff. when i talk with peasants from russia or china or africa or mexico……..they get it. modern rich amerikans are the most ignorant of any stress or reasons to think in life since the 1930s. just reality of where i was raised.
Because of the remarkable off-take of silver from the COMEX in February, registered inventories have been falling on average 800,000 ounces per day. At the end of trading on Feb 9th there were 101,394,888 ounces in the deliverable inventory. At this rate of off-take, it is obvious that the COMEX is being used as a source of physical silver instead of a trading or price discovery mechanism.
With the consistent $10.00 higher price for silver on the Singapore exchange, significant arbitrage profits are available to those that can move the metal quickly.
At this rate of off-take, and the present average daily deliveries, there will only be about 300,000 ounces of deliverable silver at the COMEX on Feb 27th when first notice day for the March contract arrives.
Additional inventory will arrive at the COMEX in the meantime, and price will drive conversion of other available inventories into the registered for sale category.
I am watching for contracts to be rolled forward into March as they were for February. This will indicate additional desire for physical off-take and magnify the low inventory issues at the COMEX.
We live in interesting times!
I’M SURE YOU KNOW THIS, BUT IF NOT, there is a public companies, that act as custodians of aforementioned silver…….Based on recent reports, JPMorgan Chase & Co. (NYSE: JPM) is the most prominent public institution involved in storing physical silver that backs COMEX (Commodity Exchange) contracts, with its vault holding a significant portion of the exchange’s inventory.
Here are the key public entities involved in holding, storing, or managing silver for the COMEX:
WHAT SHALL WE DO WITH THIS INFO? SEEMS LIKE NICE SHORTS. BUT I’VE BEEN SHORTING MSTR HERE AND THERE, AND HAVE MY FILL OF STRESS……………GOOD LUCK OLD SPORT. I MEAN THAT. THE BEST CURRENCY IN BAD TIMES ARE GOOD FRIENDS. SOUNDS LIKE YOU ARE SURROUNDED BY PEOPLE YOU HAVE DONE RIGHT BY. I AM THE SAME. SAVED A BUNCH OF PEOPLE IN PANIC OF 2008 IN PHOENIX……………
GDP does not measure standard of living nor quality of life.
What measurement tool do you use for “standard of living” or “quality of life” to try to objectively measure it?
Stock market returns? The Bible? How your Aunt Ida is feeling about her life?
Crabby old man metrics. This site scores high.
PPP is much better. nothing perfect. but GDP is fugazi
it is a FUGAZI number. counts making bombs to blow up as “productive”. give me a fucking break.
America had an opportunity to punish bad behavior in 2008 and let all the useless paper-pushing fraudsters in banking and finance go bankrupt and to PRISON where appropriate. The vast majority of the country’s debt is FRAUDULENT. meaning the American people never voted in favor of spending the money on what it was spent on (pointless wars and bailouts for the rich – socialization of PRIVATE losses). It should have been crystal clear to everyone the moment Hank Paulson demanded TARP and TALF from congress that the republic was lost. This, once great country is now fully owned by global corporations and their owners. This is what happens when you disconnect your monetary system from reality and reward bad behavior for 50+ years.
Hedge accordingly.
For those still playing party politics, remember that the bailouts were overwhelmingly supported by the Uniparty, including both Bush and Obama.
Yes, but this is a design feature. Corporations support both parties as they ultimately want the same goal (Americans working for Chinese wages). The cognitive dissonance is simply astounding as Americans still think “their party” is different. Regardless it seem that Israel is the only entity getting everything they want…
Interesting times.
“Israel is the only entity getting everything they want”
How about those who want increased government spending? The war industry hasn’t had many lean years either, despite its voracious appetite.
NEWS FLASH. 2026 AND 2028 elections will not occur in all 50 states of the empire. thank you for your attention to this matter.
ALSO
ANARCHY IS THE ANSWER. like the taliban and the gypsies. the bootlickers in red states can perform public fellatio on the Donald for the next 1000 years of the cult…………….i’ll watch from afar.
I AM THE SELF APPOINTED WAR LORD of my little 1858 house on the hudson river……..keep your distance bootlickers. go perform fellatio on donny the diddler or genocide joe in your own land.
we have more fresh water here than jesus joseph and mary ever had. go pick apples and kill varmints and free fuel everywhere. not GET OFF my land bootlickers.
In France, household budgets are divided into two parts: “mandatory expenditures” and “disposable income”. Mandatory expenditures include housing costs, various insurance premiums, energy, etc. The inflation rate significantly underestimates the impact on mandatory expenditures, as well as the percentage they represent in the total budget. As a result, a substantial decrease in disposable income can occur without it being immediately apparent if one considers only the inflation rate.
been trading FX and stocks and bonds for decades……..i never understand why anyone takes any gov stats seriously. besides just a trading signal if one likes to day trade………….it’s all fugazi
In France, of late it seems, they have only 2 levels of intelligence. Dumb and Dumber…
Check out DC first.
HUMAN PRIMATES default position is dumb and dumber for most. anthropology 101. past 50,000 years, so far, so good.
Any country that would re-elect a fool and charlatan like Macron cannot be taken seriously. Oh wait …
Bud, no need to look east across the pond……………….
Lol
I agree with that, unfortunately
heather cox richardson : In a letter dated the next day, Representative Jamie Raskin (D-MD) immediately asked for access on behalf of the Democratic members of the House Judiciary Committee, saying they would be ready to view the files the following day, Sunday, February 1.
After viewing the files briefly yesterday, Raskin told Andrew Solender of Axios that when he searched the files for President Donald Trump’s name, it came up “more than a million times.” Raskin suggested that limiting members’ access to the files is part of a cover-up to hide Trump’s relationship with the convicted sex offender, a cover-up that includes the three million files the DOJ has yet to release despite the requirements of the Epstein Files Transparency Act. One of the files he did see referred to a child of 9. Raskin called it “gruesome and grim.”
In other news, the 10-year yield keeps getting hammered.
10 year yield at 4.140%.
52 week range of 3.864% – 4.664%
Bitcoin touched $66,636 overnight and is just under $67,000 in the little hours….
Silver & gold both up.
Bitcoin is testing levels where it could break significantly lower (forced selling)? It takes a great deal of energy to keep bitcoin alive, much less mine the damn things.
Real yield heading negative again? Watch those inflation numbers closely kids!
It has not happened yet, but I’m watching for the VIX & SQQQ to be up in conjunction with gold and silver. If the PM mining stocks see inflows with a rising VIX?
great analysis frosty. thanks for sharing. this is the end of the empire………nero fiddled. the donald diddled. democracy surely works swell. assholes elect assholes to do asshole things. i implore you to read Plato’s Republic. slowly. will do you a world of good, old sport.
Added more toward the sword (strc) tether and mstr adding more to their coffers, nice mouthly divy on (strc)
In other news: Bitcoin is testing 68,000 again while gold is holding $5,050 and silver just grabbed the $82 mark.
Today the COMEX saw its silver inventory slip beneath 100 million ounces. Not many people actually follow the number of ounces registered for delivery. This is extremely low and deliveries are running at an unusually high rate.
If this continues, the COMEX will run out of deliverable silver inventory during the March expiry. As of today there are 4.2 March silver contract owners for every ounce.
The balance of the futures strip going forward is completely without deliverable inventory. Refiners are reporting dramatically higher direct purchases so the COMEX is not receiving as much silver to cover their contracts and this exacerbates the higher stand for delivery rates being experienced.
Goodness, I wish I had stacked more instead of piling so deeply into the mining stocks…
THANKS sport. been stacking in my hand for decades…….not some computer cursor that says i might own some shares in some company. a wise old man who lived through the great depression told me a mine is a hole in the ground with a liar screaming about it. good luck dude. you are awesome. the best currency in really bad times is good friends…………seen it in really rough times…….
If BTC rolls over and performs its “C” leg, then Gold and especially Silver will follow with theirs.
Elliott Waves are only a Complement to the Measured Move. I will not go into it here as I am on my first cup of Joe on 11 Feb….plus, I am trying to get seats in Business Class for some friends on Delta.
I’m not smart enough for Elliot waves, I just meant the classic A-B-C, lightning bolt, zig-zag pattern that is not exclusive of the good old “head and shoulders”/”bear flag” pattern. Bitcoin seems to be one of the few things that still executes the tried and true fear/greed patterns quite nicely. I think Gold and Silver are flagging out very similarly and are awaiting their own ‘C” legs. Reason…classic FOMO.
That is the conventional thought.
Reality is that they are diverging with silver up while Bitcoin slides.
We live in interesting times!
Agreed but until I find a reason to believe otherwise, I’m sticking with the conventional thought.
QE is back already. Since Dec 3rd the Fed’s balance sheet is up $70 billion. No one seems to want to look at it as QE yet. To see it most accurately click on the 1 year chart.
https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm
thanks old sport.
You are welcome.
The 1 year chart is my economic barometer. The QE weather pattern has definitely changed in support of the precious metals.
That does not rule out another bitch slapping to wash out the weak or over-leveraged hands.
March contracts first notice day will see me with first row seats watching for carnage.
Play on!
😉
One could look at the current state of affairs, throughout the U.S., and see some certain similarities between now (2026), and the last considered (2009) major recession within our Country.
They both had, or were leading up to, a housing collapse of sorts. Due to Home Sizes being Overbuilt, and therefore too expensive to be able to afford by the masses. When one considers Homes for what they represent, and that’s Jobs, and cash flow within the economy, it’s easy to see how such a mistake can cause such quick hardship.
On comes a financial crisis next, as the banks due to over lending, now are dealing with defaults. Same with Automobiles, and other items. Then comes the Financial Blows, as Credit (C/C’s) & Lending / Borrowing simply disappears. Graduates can’t find anyone to pay them enough to even cover three loan expenses, as the degrees are worthless in real life in many cases.
Construction Jobs can’t be finished, therefore homes can’t be sold. Heck, even if they could be, they can’t find many Qualified Buyers that wish to do so. Checkmate many would say, and I would agree, it appears as though we have reached that point.
Let’s not forget School Loans (Co-Signed By Parents and Grandparents) Must Be Paid Back or Lien’s apply in many cases. Jobs can’t be found, or certainly not nearly enough with qualified applicants for them. Rents unaffordable, Elder Parents must take some back home, some combine living dormitory style (many now used to it), some in cars or tents were possible perhaps? Everywhere and Nowhere if that makes any sense…
Now add in Insurance, for many Parents won’t be able to pay for them any longer. That will become a bigger issue than Rent, if we have another Pandemic, but worse. We still have Inflation, Theft beyond belief in many of our States and their Cities. That’s going to leave a mark somewhere…
The more this unravels, the more fraud that’s exposed, the more people in power are being tagged for being a part of it, politicians playing a role in it, and equally Reporters, Media and the like as well, it’s become utterly disgusting!!!
President Trump says he wants the new triumphal arch he’s commissioning as a gate to Washington, D.C., to be the “biggest one of all” in the world
https://www.cbsnews.com/news/trump-arch-dca-airport-flight-path/
l love that idea. put a bow on the top of the bubble of our empire. i’ll LOL visiting DC in future years to tip my hat to it. THE MAGA KIDDY DIDDLER TRIUMPHAL ARCH
LOL. The MKDTA Arch!
What a narcissistic twat Trump is.
Does that make Politicians Honest? Because if so, then I want one!
Does it glorify their ability to lie and steal? If so, then we should build one I as an entrance to every State that it applies to.
This way, we know when entering a State, that we will be getting screwed. If by chance a couple manage to fix themselves, then they can take their Gate down. They then.of course they would be overloaded with occupant’s in no time at all, so we may have to have State Quotas…
good and proper take, i believe. smells like panic of summer of 2007…….bear stearns mortgage time…………this will be way worse. austrian econ is always correct……the more they blow the bubbles the worse the bursting…………think USSR circa leading up to christmas eve 1991
I believe a major contributing factor to the problems you detailed is Federal Reserve sponsored inflation via their redefining stable prices as 2% annual inflation, which has been much more on average over the years. It was gold that backed the dollar at $35/ounce in 1971. Gold, the mineral that does not change in value over time, is now plus minus $5,000/ounce. So much for stable prices.
One can consider the stable prices goal as flawed to a degree as with improving productivity, unit prices should fall.
Here in the Midwest its as if people dont understand what is happening to the economy and life in general and are just going thru the motions to somehow get thru it all
It appears as though Fact and Fiction mirror one another. People see, hear, watch, fiction, then try to live it, and the banks that supported the theory, have realized they may have been played perhaps, within all the hype and false promises being tossed at them all… Now comes reality!
Lots of escapism through Netflix?
When the “life in general” reality means accepting that baby-eating pdo elites call all the shots in your life, can you blame them?
China moving early as confidence in US debt fraysBy Nigel Green
China is signaling a major shift in how it views US debt. Regulators have reportedly advised large banks to limit their Treasury holdings, citing “concentration risk” and market volatility. While this doesn’t affect official state reserves, it shows a growing desire to insulate Asian capital from a more unpredictable US fiscal environment under the second Trump administration.
Possible explanation for the dramatic drawdown of silver and gold inventory at the COMEX? February deliveries have been running at extremely high levels and futures traders are rolling contracts forward instead of out in time.
Every day inventories are drawn down and February has seen a 98% delivery rate against a normal 5% delivery rate for February.
February 27th is first notice day for the March contract. Look out if the high “stand for delivery” rate holds…
Your approach in commenting has really gotten more positive. Keep it up. You are sharp.
Think where we would be if Trump wasn’t doing A++++++ on the economy!😂
and the stock market continues to set records!
Partying like it’s 1929.
I’m not surprised the 40-49 group is facing an uptick in serious credit card delinquency because they experienced 3 bear markets / recessions: Y2K, housing, and COVID.
Most likely to be white collar/displaced by AI?
Horrific times for farmers! It is truly sad!
Mortgage delinquencies for small family farms are rising quickly where I live in the midwest.
Costs are crippling…
6 & 7 generation farming families are handing the keys to their banks and the equipment back to creditors.
NIHILISM is in cities and family farms in pax dumbfuckistan in the 21st century. those assholes have been voting for nonstop warfare since 1898 and now they are ruled by kleptomaniac sociopaths. democracy sure does work. assholes elect assholes. farmers aint’ any better or worse than anyone else. they just had great government welfare teat forever……….. hat tip plato. democracy works. we are at end of road for this evil empire old sport. shit will keep on keeping on. but most everyone will be bust. like when USSR crumbled……….
Farming is a waste of land, environmentally polluting and inefficient due to weather and crop turnover considerations. I’m sure you know this as a farmer.
The future is indoor vertical farming with the crops picked by robots. Space usage is much more efficient, weather is no longer a factor and crop production is significantly increased.
Of course, such farms require more energy to maintain an optimum growth environment year round. Which is where fusion power will come in.
There are many such vertical farms in operation now and the number increases yearly. Run this prompt through an AI for more details:
how many commercial indoor vertical farms are currently operating in the US and also worldwide?
Our economy in the US can be described as collapsing crashing depression and or a long emergency. We also have environmental problems a possible major war with Iran plus an incompetent corrupt regime ruining our US
Collapsing or just reverting to historically common third-world/feudalist model thanks to the Cantillon effect (money printing)?
And yet with supposedly 70% of the economy due to consumer spending, the sock markets are doing bonkers! And oil is relatively low.
But OTOH, gold and silver soaring points to great fear.
Does the left hand know what the right hand is doing?
MISH, you are really hitting your sweet spot on analysis. question and comment. on that first chart, percent in default, if you extend to the left, does it NOT bring us back to 2006 or 2007……when they started to rise before the panic really set in a year or two later………..i remember well how you nailed it, back then. hat tip to you.
Yes, comparison to conditions leading up to the housing market crash / Great Recession indicates the US should be in a recession.
agree. i remember the years 2004 to 2012 very well. phoenix az. the boom, 2004 to 2006, and the slow balloon leak, off that…….i remember being at a bear stearns event in san diego when their mortgage funds blew up summer of 2007, sold bear stock at 110 and saw it go to few bucks by the st patricks day bailout by JPM in march 2018………saw the houses in my downtown 100 year old craftsman houses…..hood deflate 75% top to bottom 2007 to 2012. worse in exurbs. i smell the same or worse, empire wide. farms to burbs to office towers……….hope i’m wrong. but prepared if i’m correct. hopefully. shit gets ugly in depressions. worse in russia in 90s.
I hired a Bear-Stearns Broker in SF. The fucker never called me during the DOT COM bubble. He had that PART of our portfolio invested in DOT COM STOCKS: LU, AMAT, CSCO amongst others. CSCO just came back to my cost basis. Luckily I only had 5% invested in Stocks (Still Millions). I fired that fuck. Later, they went under. YEAH!
Ouch, it’s like he magically picked the worst ones.
He could have just as easily picked Google, Amazon, Microsoft, Oracle etc and you’d be singing his praises.
Looks like the effects of QE are finally starting to wear off. A little more of this and QE will be ushered in with a vengeance. This isn’t a Trump or Biden issue. They are all involved in running up massive deficits while the Fed pretends they are working for the people while driving up asset prices to the moon. They are ALL guilty. If you take a side then you are wrong.
From the guy you voted for. He did not seem to think what you described was a big deal:
The person I voted for didn’t say that. Defending one of the main 2 parties is supporting both without realizing it, because they are the same. There is an illusion of choice. There isn’t. The next round or presidential candidates will promise to lower deficits. News flash… the next administration will increase deficits, regardless of the party.
BINGO
I’m gonna go out on a big limb and guess the libertarian and Green Party candidates do worse than ever. Hell, I know libertarians and greens too stupid to vote for them. They want to “win”, by losing. Like Ed Seykota writes about in trading and in life. LOSERS WIN BY LOSING, IN TRADING AND IN LIFE. It is a thing. Especially among nihilists.
With Voting, “YOUR SIDE winning” is still “losing.” We hire losers to lose everything we lose and we end up being losers in a loser’s world. I ran out of Loser applicable contexts.
So this is what being “Great Again” looks like.
Good job MAGA. Your pedo president is firing on all cylinders.
Owning those libs feels amazing, doesn’t t?
Maybe we can blame this one on the Haitians or the Somalis too.
How long will the Pedo’s have to keep lip-flapping until they get hold of more victims. They need a new Jeff.
It begs the question: IS TRUMP THE NEW JEFF EPSTEIN to the STARS.
All by design. The secret global crypto pedophile ring wants to take all you have and make you pay them forever, in interest, organs, or any pretty underage children you might have.
If they can’t buy the kids off you, they’ll just disintegrate your family with poverty, and have their scouts pick up little Ashleigh when she steps off that bus in Big City.
It’s so eerie how this is basically the same story they were trying to sell us with the Pedo Pizza Kitchen thing. I guess once you’ve accused someone else of something, it’s ok for you to do it too.
I’d be interested in knowing where that is in the bible.
It’s not about accusing and then doing it yourself.
Rather it’s about normalizing things that used to be considered abnormal or deviant in order to make them main stream.
The whole LGBTQIA movement is really LGBTQIA(P) with the (P) representing a silent P for Pedophilia.
The reason you normalize drag queen story hours and have pride months etc is to normalize it. The (P) has tried to make initial inroads with the term ‘minor attracted persons’ instead of Pedo. By the time the Epstein thing plays out in a couple of years don’t be surprised to see calling someone a Pedo to be the same as calling someone a ‘Fag’ and ‘minor attracted persons’ become the norm as part of the continued effort to normalize it.
Surely it was the gays and not the president who is named over one million times in the Epstein files. No sir! He’s ending woke!
The P is hysterical bullshit, and you know it. Dressing like a fruitcake draws attention, the last thing a molester wants.
Sure because currently molesting is forbidden so of course they don’t want attention.
Not sure how old you are but when I grew up in the 60s and 70s the last thing gays wanted was attention. Homosexuality was quite often illegal (still is technically in some places) and you’d be jailed or run out of town in the same way molesters are now if you were openly gay and especially if you were flaunting it.
My point is over time that was normalized and the (P) is the last forbidden thing that will be normalized by the LQTBQIA(P) movement.
As for the bible that you asked about, it’s pretty clear on homosexuality and yet no one seems to care in the least. So I doubt anyone cares about what the bible says about being a pedo.
There are organizations that are pro pedo. They are reviled by everyone, gay or straight.
Kids have more to fear from Bishop Badtouch than they do from Big Gay Al.
If it wasn’t gay people, you’d be trying to hang this on people that had sex in non-missionary positions. Anything you could dream up to separate them from you.
I’m not trying to hang anything on gay people. Not sure how you came to that conclusion from what I wrote.
What I said was that Pedos are attached to the LGBTQIA movement. Not saying they were asked to join it nor that they are welcomed by it. But merely that they are attached to it because the LGBTQIA movement is the exact playbook they are going to follow in an attempt to be normalized.
Pedophelia support. The P you sharpies in. I shoulda said queer people… gays are just the G.
queers aren’t trying to normalize pedophelia
I would never associate P with the LGBTQ folks. Most would never dream of harming children. Many are raising children.
those are very good and twisted points. i concur. the amerikan empire has normalized just bombing the living fuck out of any poor nation for no reason in particular. democracy works. sick fucks elect sick fucks, to be scientific about it. hat tip plato’s republic.
we can call this nihilism 101. happened in ancient roman crumbling evil empire. same with spanish empire and nazi germany……….to name just a few other evil empires. anyone still caught up in the blue v red team bullshit in modern amerika is a putz and dumbfuck.
Blondi was the local DA when Epstein received his original sweetheart deal ~ 18 years ago.
If you are referring to Bondi, that is false. That case was handled locally by Barry Krischer and federally by Alexander Acosta. The latter was the villain, who let Epstein off for being CIA/Mossad. The locals were pretty upset because they had Epstein dead to rights with evidence/witnesses galore.
Bondi has faults, but don’t bear false witness.
Some don’t care if you can pay or not:
Houston-area developer Colony Ridge reaches $68 million settlement with Texas, feds | AP News
“The agreement resolves the state and federal lawsuits, which alleged the owners of Colony Ridge lured would-be Spanish-speaking homebuyers into seller-financed mortgages with high interests that they could not afford. By federal authorities’ estimate, roughly one in four Colony Ridge loans resulted in foreclosure. The company would then flip those properties to new unsuspecting customers eager to become homeowners, court filings allege.”
Caveat emptor.
Sounds somewhat similar to schemes described in Upton Sinclair’s classic
“The Jungle” whereby owners would sell homes via contract to Lithuanian immigrants who had immigrated to Chicago to work in the packing plants in the early 1900s. in similar fashion when a home was repossessed a bit of paint and wallpaper and the places were ready to sell again. History rhymes once again.
Joe Sixpack is morphing into Jurgis.
Im starting to hear people want to not have to pay property tax on their homes. Think the saying goes you dont really own it even if its paid off.
My thoughts are where is that tax burden gonna get shifted to.
Here in ca they already have prop 13/ 19. Shifting the tax burden to new home buyers. Now they want to drop the tax altogether for retires or something like that. Everyone loves the value of their property rising. But not the tax.
It’ll be shifted onto the back of future generations, like we’ve been doing for generations. We’re out 10 generations from now already, but since generations are theoretically infinite, the amount of debt we can saddle them with is theoretically infinite.
Having a kid now is just throwing a newbie into a pit full of hungry lions.
Not if you give birth in a foreign country that your child can then choose to become a citizen of later in life.
This is a global problem.
There aren’t many countries left that give birth right citizenship. The few that do are clustered only in the Americas.
Rubbish, plenty of countries give citizenship by birth as well as by decent. For many countries that citizenship is for any baby born of parents legally in the country and that includes the countries my family lives in.
Tenacious suggested one could just have a baby in another country visited on a tourist visa and automatically give them citizenship, as is true in the US.
Outside of the Americas, only Pakistan, Chad, and Tanzania allow that.
. My thoughts are. Some guy with a 20 million dollar house wants to save on his taxes. Talks it up to the masses. Would it be great not to have prop tax. Everyone’s say yeah and changes the law. Then that tax burden gets put on say food. Or something everyone uses equally. Wealthy guy makes out lowers his over all burden. Average joe just swaps the amount he pays on property tax for a tax on something else plus a bit of the wealthy guys share
There will never be enough tax money for the malevolent incompetent parasites. Property taxes are extortion. Why should one homeowner pay more for a home based on value, each family uses the roughly the same city resources. They need to find a more fiscally responsible and fairer way to collect taxes from homeowners. In Mi you pay higher property taxes on a second home or home you own for renting out. It will never be enough.