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Who’s Ready for Another Subprime Real Estate Crash? Joe Biden, That’s Who

Written on . Posted in PT Global Economy.

PJ Media: Remember the early part of the 21st century, when Washington “helped” poor people by encouraging reckless lending to buy houses?

And remember how the reckless loaning practices made their way up through the middle class?

Remember how we ended up with a massive bubble of bad loans and overpriced housing?

Then remember how millions of people ended up losing everything or at best having their finances ruined for years?

“Wasn’t that awesome?” said no one ever.9 Best Subprime Loans for Bad Credit (Personal, Auto, Home) | BadCredit.org

Biden’s new dilemma: How to slash housing costs for low-income borrowers

When the bubble popped — all bubbles pop — we ended up with the Great Recession and everyone with a lick of sense said, “Let’s never do that again!”

Democrats have not a lick of sense.

To wit:

A long-awaited Supreme Court decision last month gave Biden the ability to remove the Trump-era leader of the Federal Housing Finance Agency, and he wasted no time. The president installed as interim director an agency veteran who says she’ll make affordable housing and combating discrimination a top priority.  Read More

US Commander in Afghanistan Worried About Taliban Advances

Written on . Posted in PT Middle East.

VOA: As the last U.S. forces are withdrawn from Afghanistan after nearly 20 years of fighting, the American commander says he is worried about the territorial advance of Taliban insurgents attempting to take back control of the country.

U.S. Army Gen. Scott Miller, in an interview broadcast Sunday on ABC’s “This Week” show, said the Taliban is “gaining strength.”

“And the sixth angel poured out his vial upon the great river Euphrates; and the water thereof was dried up, that the way of the kings of the east might be prepared.” Revelation 16:12

“We should be concerned,” he said. “The loss of terrain is concerning.”

For the Afghans trying to maintain control, he said, “Hope matters. Morale matters.”

FILE - Commander of U.S. and NATO forces in Afghanistan, U.S. Army General Scott Miller, speaks during a change of command ceremony in Kabul, Afghanistan, Sept. 2, 2018.“I don’t like leaving friends in need,” Miller said as he oversaw the last U.S. troops leaving the mammoth Bagram Airfield this past week. Read More

Activist Teachers Brag About Injecting Race, ‘Equity’ Lessons in Elementary Classrooms

Written on . Posted in PT World Order.

Breitbart: Several King County, Washington, activist teachers revealed to Crosscut how they inject race and “equity” lessons into their elementary classrooms.

Kent teacher Joanne Barber took advantage of violent Black Lives Matter protests last year “to teach more about race” in her second grade class.

“And He has made from one blood every nation of men to dwell on all the face of the earth, and has determined their preappointed times and the boundaries of their dwellings,” Acts 17:26

“I am willing to be that teacher that has those hard conversations,” she said. “I would be doing a huge disservice to my students if I didn’t give them information that they could see themselves in.”

She told Crosscut learning that “racial history” is “just as important as reading or math.”

Barber teaches children 7- and 8-year-olds that slavery “led to institutional racism and implicit bias.” She also “weaves race and equity into every subject” and “every day in her class is filled with race education.” Read More

OPEC+ Crisis Propels Oil to Six-Year High – Economic Recovery at Stake

Written on . Posted in PT Global Economy.

Bloomberg: Oil jumped to the highest in more than six years after a bitter fight between Saudi Arabia and the United Arab Emirates plunged OPEC+ into crisis and blocked a supply increase.

West Texas Intermediate crude advanced to $76.98 a barrel, the highest since November 2014, as the breakdown in talks left the market without the extra supplies for next month it had been counting on.

“By the God of your father who will help you,
And by the Almighty who will bless you
With blessings of heaven above,
Blessings of the deep that lies beneath,
Blessings of the breasts and of the womb.” Genesis 49

What happens next will determine whether the standoff could escalate into a conflict as destructive as last year’s price war.

Compulsory jabs: Pressure grows on anti-vaxxers

Written on . Posted in PT World Order.

Medical Press: A growing number of countries and territories around the world are forcing people, often in specific sectors, to be vaccinated against COVID-19.

Mandatory in Tajikistan, Vatican

Tajikistan and the Vatican are among the rare countries imposing vaccinations on all adults.

In the Vatican, the world’s smallest state, vaccinations were made obligatory for residents and workers in February, with those refusing liable to be sacked.

“Woe to those who decree unrighteous decrees,
Who write misfortune,
Which they have prescribed” Isaiah 10:1

Italy

Several countries or territories have imposed vaccinations on certain sections of the population.

Italy

Several countries or territories have imposed vaccinations on certain sections of the population.

Read More

Two attacks, less than 12 hours apart, target US forces in Iraq

Written on . Posted in PT Middle East.

JPost: A day after rumors of an attack on US forces in Syria by pro-Iran militias, the militias made good on their threats with two rounds of attacks on the US in Iraq. During the afternoon, rockets targeted Al-Asad base and by the evening, drones were reported to have targeted an area near the US embassy.

“Assyria also has joined with them;
They have helped the children of Lot. Selah” Psalm 83:8

The attack on Al-Asad base occurred in the afternoon in a rare daylight attack. Pro-Iran militias have attacked US facilities increasingly since 2019, killing a contractor in December 2019 and several members of the US-led coalition in early 2020. The US has retaliated with airstrikes. So far this year there have been some 50 attacks on the US in Iraq, often targeting either Baghdad, Al-Asad base or Erbil. The pro-Iran militias, most linked to Kataib Hezbollah, have increasingly used drones. This is thought to be at least the 11th incident with drones used.

The US has only a few facilities in Iraq where forces are concentrated, including Al-Asad base. Read More

Is Iran preparing a new series of attacks on US, Israel with proxies?

Written on . Posted in PT Middle East.

JPost: Iran’s media gave major headlines to claims of attacks on US forces in Syria on July 4. The date was symbolic. It was Independence Day in the US. What better day for Iran to claim it had struck at a US base in Syria. However, it turns out the rumors of the rocket attacks were likely false, and the US-led Coalition denied any incident happened in Syria.

That doesn’t matter for Iran’s media, and the media stations that have links to Iran’s IRGC. The reports claimed there were attacks and “explosions” at a US base. However sources there denied the reports. What Iran may be messaging on this issue is more complex than just rumored attacks. Iran may be pinpointing where the next front will begin in its conflict with the US.

“They have said, “Come, and let us cut them off from being a nation,
That the name of Israel may be remembered no more.” Psalm 83:4

Since 2019 Iran has upped attacks on the US in Iraq. It has used militias such as Kataib Hezbollah to carry out numerous attacks. It also downed a US drone in June 2019 and mined ships in the Gulf of Oman in May and June. At the time US Secretary of State Mike Pompeo warned about the Iranian threats. The threats increased rapidly through the fall of 2019.

At the same time in 2019 there were concerns expressed by US officials in the fall of 2019 that Israeli-Iran tensions could affect the US. Read More

Foreign Media Skewer Joe Biden As ‘Barely Cogent,’ ‘Bizarre’

Written on . Posted in PT World Order.

Daily Wire: While the U.S. media frequently look the other way at President Joe Biden’s verbal and intellectual foibles, foreign media have questioned the president’s mental acuity. Australian reporters have lamented that “the leader of the free world” is “struggling,” “barely cogent,” and a “human corpse” who has sunken deep into “cognitive decline.”

“Where there is no counsel, the people fall;
But in the multitude of counselors there is safety.” Proverbs 11:14

Those quotations come from Sky News Australia, the center-right cable news network launched in 1996 by NewsCorp Australia. Its collection of hosts and journalists have told their growing audience what many in the U.S. media have refused to say: Joe Biden’s declining intellectual capabilities threaten all Western democracies.

In March, Sky News Australia host Cory Bernardi compared the Biden-Harris administration to a “reality show where the Democrats put up a barely cogent candidate for president just so that they could enjoy the spoils of office for four years. And, of course, it features an all-star cast of the politically semi-lucid.”

Biden’s speeches are “often total gibberish,” he said, but due to his evasive campaign strategy of remaining in his basement and effusive media coverage, far-left ideologues have “seized control, without having any idea what they’re doing.” Bernardi also wondered what “canny investing Biden did to afford a lifestyle where his family can afford to abandon laptops in repair shops and enjoy regular jaunts to China and the Ukraine.”

Read More

Gantz: Israel ready to provide assistance to Lebanon amid economic crisis

Written on . Posted in PT Global Economy.

JPost: Defense Minister Benny Gantz offered to assist Lebanon on Sunday as Israel’s neighbor continues to suffer from a worsening economic crisis.

“As an Israeli, as a Jew and as a human being, my heart aches seeing the images of people going hungry on the streets of Lebanon,” wrote Gantz on Twitter. “Israel has offered assistance to Lebanon in the past and even today we are ready to act, and to encourage other countries to extend a helping hand to Lebanon so that it will once again flourish and emerge from its state of crisis.”

“Gebal, Ammon, and Amalek;
Philistia with the inhabitants of Tyre.” Psalm 83:7

Lebanon is suffering from a worsening economic crisis, with violence and protests breaking out in cities around the country as basic services collapse. Electricity outages and gas shortages are now commonplace in the country.
Over half of Lebanon’s population now lives in poverty. According to the World Bank, Lebanon’s financial crisis is likely to rank in the top 10, possibly even the top three, most severe crises in the world since the mid-1800’s. A World Bank report in early June warned that “the increasingly dire socio-economic conditions risk systemic national failings with regional and potentially global effects.” Read More