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After the last major financial crisis, when scores of banks failed or took government bailouts while sporting seemingly pristine balance sheets, America’s accounting rule makers got working on a new system for reporting credit losses that was supposed to make lenders recognize them more quickly. That new set of rules has been in place for a little over four years. Investors could be forgiven for wondering if it is working any better than the former one. The old system was called the incurred-loss model. To book a loss, a lender had to conclude it was “probable” that one had already...

The report was issued by House Judiciary Committee Republicans.. Nearly 100 illegal immigrants on the terror watch list have been released into the United States during the Biden administration, while Border Patrol agents have encountered migrants on the watch list from dozens of different countries... "Under the Biden-Harris Administration, of the more than 250 illegal aliens on the terrorist watchlist who were encountered by Border Patrol at the southwest border between fiscal years 2021 and 2023, DHS has released into American communities at least 99, with at least 34 others in DHS custody but not yet removed from the United...

It's the economy, stupid, and former President Donald Trump leads Democrat candidate, Vice-President Kamala Harris, when it comes to economic confidence by leaps and bounds. According to polling by the Wall Street Journal that was taken July 23-25, Trump lead Harris on confidence regarding the handling of the economy by 12 points, with Trump at 52 percent to Harris's 40 percent. As Charlie Kirk points out in his tweet, combine that with the fact that a New York Times/Siena College Poll taken July 22-24 found that a whopping 50 percent of Americans think economic conditions are "poor." Since these were...

[Catholic Caucus] Young Catholics aren’t ‘schismatic’ for preferring the Latin Mass to sappy Novus Ordo MassesRome - 7 September 2017 - Celebration of the Holy Mass vetus ordo, Mass in Latin, in the days of the pilgrimage Summorum Pontificum decennial(LifeSiteNews) — In Part 1 of this two part series, I discussed how young Catholics today view the Second Vatican Council. In Part 2, we shall examine how these young people experience the “fruits” of the Council and the “spirit” of Vatican II. Why is it that so many are fond of the Traditional Latin Mass? Why do so many consult...

JUST IN: Arizona AG announces that Jenna Ellis has agreed to cooperate with prosecutors in the fake electors criminal case.

Former President Donald Trump and Vice President Kamala Harris are locked in a dead heat in Pennsylvania, but Trump has the edge in approval rating, according to polling. The Fabrizio, Lee & Associates poll conducted for the Republican PAC, Early Vote Action, finds Trump and Harris tied at 48 percent apiece in a two-way race for the presidency. Another four percent are undecided: Thank you for posting our @EarlyVoteAction commissioned poll. It’s important to note that 41% of this poll is from the Philly market. Also, the sample is 44% Democrat & 42% Republican. I included the entire memo. pic.twitter.com/3V7o1nKVo5...

Explanation: That's no moon. On the ground, that's the Lars Homestead in Tunisia. And that's not just any galaxy. That's the central band of our own Milky Way galaxy. Last, that's not just any meteor. It is a bright fireball likely from last year's Perseids meteor shower. The featured image composite combines consecutive exposures taken by the same camera from the same location. This year's Perseids peak during the coming weekend is expected to show the most meteors after the first quarter moon sets, near midnight. To best experience a meteor shower, you should have clear and dark skies, a...

#Israel has launched strikes against three fronts in the last few days. #Iran has vowed to take revenge. The region is on the precipice of a major war

Women who have sex less than once a week may be more likely to die early than those who engage in more regular intercourse, according to the results of a new study. While this same impact was not observed in men, the researchers did note that more frequent sex reduces the chances of an early grave in both men and women with depression. “Sexual activity is important for overall cardiovascular health possibly due to reduction of heart rate variability and blood flow increase,” write the authors. “Using findings from our study, we can infer that sexual activity, broadly defined, may...

Chief of Staff of the Iranian Armed Forces Major General Mohammad Bagheri has said that Iran-Russia ties are strategic and deep, which will never be disrupted with change of governments, News.Az reports citing IRNA. The military official made the comment as he hosted Russia’s Security Council Secretary Sergei Shoigu in Tehran on Monday. Bagheri said that the US is aware that unipolar power has come to an end in the world, adding that the Islamic Republic welcomes trilateral cooperation between Iran, Russia and China.

Two weeks after becoming the Democratic nominee for president, Vice President Kamala Harris’s surge in enthusiasm and support has considerably narrowed the 2024 election. Last week in these pages, we wrote that while there was limited data available, Harris was clearly an improvement over President Biden. Now, new national and state-level polling suggests that assessment might be even more prescient, and points to an election that will be much closer than many had expected. Indeed, national polling underscores just how much the race has tightened. According to the 10 most recent public polls conducted after Biden’s withdrawal and aggregated by...

As the world prepared for an unprecedented gold medal bout, the referee presiding over the Olympic women's boxing finals warned both competitors to not punch each other in the testicles. The warning, which came from the official as two dudes prepared to make Olympic history by competing in the very first all-male match for the gold in the final round of women's boxing, reflected the Olympic Committee's goal to encourage fairness and sportsmanship. "Please, no punches to the yam bag," Olympic boxing referee Claude Laurent said. "If these men do not adhere to the rules and insist on swinging at...

Iran’s Power and Security Bubble Burst Following Haniyeh’s Assassination The killing of Ismail Haniyeh significantly weakened the political and regional power of Khamenei’s regime, causing its sense of security to collapse. After this event, the biggest question people around the world wanted answered was: What will the Iranian regime do? However, the Khamenei regime, weakened by the election boycott and the killing of Raisi, and with the new government under President Pezeshkian not yet formed, will not be able to endure a heavy war in the region. This is because its repercussions in Iran will lead to increased protests and...

The official website for the Kamala Harris campaign for president has no policies listed whatsoever — two weeks after she entered the race. There is a “Meet Kamala Harris” section, a “Take Action” section, a “Store” for campaign merchandise — and, of course, a “Donate” button. But as far as policies — there is absolutely nothing on the website. In addressing campaign headquarters last month, Harris defined her campaign loosely as a quest for a better future — which she contrasted to what she called former President Donald Trump’s desire to return America to an evil past: Our campaign has...

[Catholic Caucus] The Vatican’s Response to the Olympic Scandal Rewards the Mental Gymnastics of Conservative Catholics The recent scandal of the Paris Olympics has brought all of this together in a blasphemous tableau. In it, we saw not only the LGBQT+ portrayal of the Last Supper but also the celebration of the French Revolution, complete with the decapitated head of Queen Marie-Antoinette singing along to a heavy metal song. But the most anti-Catholic touch of all has now been delivered by Francis’s Vatican, with its Communiqué about the opening ceremony.In his Principles of Catholic Theology, Cardinal Ratzinger compared Vatican II’s...

Google has violated US antitrust law with its search business, a federal judge ruled Monday, handing the tech giant a staggering court defeat with the potential to reshape how millions of Americans get information online and to upend decades of dominance. “After having carefully considered and weighed the witness testimony and evidence, the court reaches the following conclusion: Google is a monopolist, and it has acted as one to maintain its monopoly,” US District Judge Amit Mehta Mehta wrote in Monday’s opinion. “It has violated Section 2 of the Sherman Act.” The decision by the US District Court for the...

At least two missiles believed to be from Iran have struck American base at Ain Al-Asad in western Iraq.

The smartest people I know are Freepers. Hopefully, y’all can give me some advice My 72yo wife has ulcerative colitis (UC), she’s in her 6th month of trying to get it into remission. UC is bleeding ulcers in your colon – therefore rectal bleeding and diarrhea, poor girl has it hugely. Her last UC episode, which went into remission within a couple months, was 17 year ago when she was 55yo. She’s taken all her biologic initial dosages of Remicade. We have Medicare and Medigap insurance, we live in KY in a major metro area. Her blood test results are...

The first Monday in August has arrived with panic sweeping through the finance sector, as nearly $2 trillion was wiped out of the S&P 500 at market open. Investor anxiety over a looming global recession triggered a selloff that sent U.S. stock futures plummeting and raised urgent questions about the Biden’s administration’s economic policies. As trading began on August 5th, a staggering $1.93 trillion was wiped out from the S&P 500, with stock index futures taking a massive hit. S&P 500 futures fell more than 4.4%, while Dow futures were down 3%, translating to a loss of 1,212 points. The...

In a sure sign that a stable hand is at the wheel, Intel CEO Pat Gelsinger is tweeting out inspirational Bible verses. Intel’s stock plummeted at the end of last week. Sunday afternoon, Gelsinger quoted Proverbs—the New International Version translation. The bit of poetry came amidst a collapsing stock price at Intel following the news that the company had missed quarterly targets and would cut thousands of jobs. “Let your eyes look straight ahead; fix your gaze directly before you. Give careful thought to the paths for your feet and be steadfast in all your ways,” Gelsinger posted, quoting Proverbs...