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Fannie Mae (FNMA) and Freddie Mac (FMCC) shares advanced on Monday after "Big Short" investor Michael Burry wrote up a deep dive on the two mortgage giants and their possible relisting. FNMA gained 1.4% in midafternoon trading, while FMCC increased 1.8%. “There remains a final steep, windy and rocky climb to IPO for both," Burry wrote in a 6,000-word post on Substack. "The deeper the fund of historical knowledge, the stronger the analytic foundation, the better the result will be for the investor,” he added. It would not be surprising to see Berkshire Hathaway (BRK.A) (BRK.B) acquiring a large portion...
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Michael Virgil, 35, and his family boarded Royal Caribbean’s Navigator of the Seas in Los Angeles on Dec. 13, 2024, for a four-day cruise to Ensenada, Mexico, a trip they intended to be a fun vacation. What began as a routine departure quickly unraveled, the lawsuit says, after an onboard incident involving security that would later become the center of a legal battle. The family – which includes Virgil’s longtime fiancée and their young son who has autism – has filed a wrongful death complaint in the U.S. District Court for the Southern District of Florida. Security and crew members...
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[Catholic Caucus] Archbishop Gänswein: Benedict XVI’s path “is the right way,” Traditionis custodes “is and remains a mystery to me”Archbishop Georg Gänswein, the former private secretary of Pope Benedict XVI and current nuncio to Lithuania, Estonia and Latvia, recently gave an interview to Athinea Andryszczak, broadcast in two parts (1, 2) on the German Catholic television station K-TV.At the very beginning of part 2 (full German-language video below), he spends some time discussing the liturgical situation in Lithuania and the universal Church. Here are his comments, in English translation, with my emphases:Your Excellency, we were just talking about the different...
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Michael Dell, founder and CEO of Dell Technologies, and his wife Susan are donating $6.25 billion to fund investment accounts for 25 million American children. "It's designed to help families feel supported from the start and encourage them to keep saving and investing as their children grow," Michael said. "We know that when children have accounts like this, they're much more likely to graduate from high school, from college, buy a home, start a business and less likely to be incarcerated." Their donation will be coordinated with a new federal government program that allows parents to open tax-advantaged investment accounts...
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While less prevalent these days, it’s hard to not appreciate the sound of a high-revving naturally aspirated engine. The team at Boreham Motorworks just pulled the cover off their new 2.1-liter, inline-four cylinder engine. This small-displacement powerplant puts out an impressive 325 horsepower and, as the name suggests, screams all the way to an astonishing 10,000 rpm. It may be small, but innovative engineering is significantly pushing the boundaries for what a street-driven engine can be.
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VIDEOIs Dasha Burns of Politico planning on doing what many non-narrative journalists have already done and go independent? The question has to be asked because during her newly released interview with President Donald Trump she AGREED with him on immigration, specifically on the stark contrast between Trump shutting down the border versus Third World immigrants that continue to flood Europe. It was so surprising to hear her agreeing with Trump on this that upon first hearing this I thought it was due to a wax buildup in my ears that I have an upcoming clinic appointment to get flushed out.How...
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It wasn’t long after Florida declared CAIR a foreign terrorist group, with an Executive Order blocking certain activities in Florida before they hit back with a lawsuit. As a former JAG Officer in the Navy, he didn’t even flinch at the threat of a lawsuit. In fact, he almost seems to be looking forward to it. For anyone jumping into this story partway through, let’s get everyone up to speed. His executive order got the ball rolling, but the Florida Legislature will likely be enshrining this into law. CAIR, to nobody’s surprise, pushed back immediately. They took the bait!
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NASHVILLE, Tenn. (WSMV) - A woman is accused of pointing a long gun at another woman who was attempting to retrieve her food delivery order that was dropped off at the wrong house in Nashville, according to an arrest affidavit. Officers responded to a report of an assault involving a gun in the 1800 block of Blair Boulevard on Thursday. As they arrived, the victim told officers she had ordered food through DoorDash. The victim said the delivery driver mistakenly left the order at the wrong address. The photo from the delivery driver indicated the food was dropped off at...
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Twelve former FBI agents fired after kneeling during a 2020 racial justice protest in Washington sued Monday to get their jobs back, saying their action had been intended to de-escalate a volatile situation and was not meant as a political gesture. The agents say in their lawsuit that they were fired in September by Director Kash Patel because they were perceived as not being politically affiliated with President Donald Trump. But they say their decision to take a knee on June 4, 2020, days after the death of George Floyd at the hands of Minneapolis police, has been misinterpreted as...
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Daily Readings from the USCCB“If a man has a hundred sheep and one of them goes astray, will he not leave the ninety-nine in the hills and go in search of the stray? And if he finds it, amen, I say to you, he rejoices more over it than over the ninety-nine that did not stray.” Matthew 18:12–13Jesus teaches us a powerful lesson using a familiar image: the shepherd who discovers one of his sheep is missing, goes on a diligent search, finds the lost sheep, and rejoices. The hard work of searching through the hills and valleys is rewarded...
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President Donald Trump denounced Europe as a “decaying” group of nations led by “weak” people in an interview with POLITICO, belittling the traditional U.S. allies for failing to control migration and end the Russia-Ukraine war, and signaling that he would endorse European political candidates aligned with his own vision for the continent. The broadside attack against European political leadership represents the president’s most virulent denunciation to date of these Western democracies, threatening a decisive rupture with countries like France and Germany that already have deeply strained relations with the Trump administration. “I think they’re weak,” Trump said of Europe’s political...
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The FCC is seeking the public’s input on Nexstar Media Group and Tegna’s pending $6.2 billion merger. On Monday, the agency began accepting the two companies’ applications to transfer the licenses of Tegna’s 64 full-power television stations, one AM radio station, one FM radio station and other related FCC licenses to Nexstar. Per a public notice released by the agency, Nexstar has said that it would serve 54.5% of the national audience post-transaction and is seeking a waiver of the National Television Multiple Ownership Rule, which prohibits a single entity from owning television stations that, in the aggregate, reach more...
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The alleged D.C. pipe bomber, Brian Cole Jr., has been outed as a hardcore fan of the “My Little Pony” franchise. Cole is such a fan of the franchise that he started “creating art of plastic pony dolls, remixes of songs about them, and writing fan fiction dedicated to them,” according to the New York Post. “Posting [online] as iDeltaVelocity, Cole apparently uploaded 87 pictures of My Little Pony fan art to one forum, showing various pony and unicorn characters,” the Post notes. One piece he created showed a pony with a bionic leg brace. The ponies he designed were...
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White House Chief of Staff Susie Wiles revealed that President Donald Trump will get out and “campaign like it’s 2024 again” for the 2026 midterm elections. During an interview on The Mom View, Wiles spoke about the 2026 celebration of the 250th anniversary of the United States, the 2026 Winter Olympics, and the FIFA World Cup. Wiles also referenced how, instead of focusing on localizing the midterm elections, the Trump administration would turn that approach “on its head.” “This is such a great time for him to be in office,” Wiles said. “He’s such a patriot. He loves it so...
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The far-left rep’s ghetto event was emceed by rapper Cameron McCloud, who rapped, “She ain’t never scared if she ain’t never been. Who was willing to go toe to toe against the president.” He then calls out the “racist bigots,” but he couldn’t even rap his own song, acknowleding that some of the words got “messed up.” Hilariously, this proves Trump’s point. What idiot thought this was a good idea?
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The United States Supreme Court heard oral arguments on Tuesday in the case of Trump v. Slaughter, which centers on whether the president has the authority to fire a member of the Federal Trade Commission without cause. A ruling in favor of the Trump administration would overturn a nearly century-old precedent. The Court seems poised to rule in favor of allowing the president to fire, without cause, members of independent executive agencies. Oral arguments lasted only 2.5 hours, as the Court's conservative majority appeared favorable to the administration's arguments, with Justice Neil Gorsuch arguing that those independent agencies constitute an...
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“‘When anyone hears the word of the kingdom and does not understand it, the evil one comes and snatches away what has been sown in his heart. This is the one on whom seed was sown beside the road’” (Matthew 13:19). The hard-packed soil beside the road represents the unresponsive hearer who “does not understand” the gospel, solely because of his or her own hardheartedness. The person has continually resisted the gospel or anything else related to true spirituality because of an insensitive, impervious heart. The Word lies on the surface of the unresponsive heart, exposed to attack by Satan....
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A routine green card interview in Los Angeles ended with federal immigration agents detaining a 39-year-old applicant, according to his wife, who says the encounter halted their effort to secure his permanent residency. Xelena Diaz and her husband, Taeha Hwang, arrived at a downtown Los Angeles federal building on Oct. 29 expecting a routine appointment. The pair married earlier this year and believed their immigration meeting would be, in Diaz’s words, “quick and easy.” Instead, Hwang was taken into ICE custody after officials determined he was in the country without proper documentation. ... Hwang, who was born in Korea and...
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"Imagine if the US and EU were still aligned on the censorship-by-proxy strategy. Few people realize how close we were to global totalitarianism." —Michael Shellenberger. Norm Eisen, Lawfare Ninja Supreme Western Civ is choking itself to death with lawfare in the name of “democracy.” If you think just a little bit past the sale, you will realize that few will say what they mean by “democracy,” including the most ardent “democracy” cultists. What it supposedly means is legal outcomes that the political left wants, not what the law, or the truth, or justice requires. On the surface, the left pretends...
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Donald Trump did not rule out expanding US military operations beyond Venezuela to Mexico and Colombia. The president sat down with Politico in an interview released on Tuesday where he said he would consider using military force on two US allies in Latin America. Trump cited Mexico and Colombia's drug trade into the US as he continues threatening to overthrow Venezuelan President Nicolás Maduro. Mexico is the primary country for drug trafficking into the US for a variety of narcotics, including heroin, cocaine, and fentanyl. Since early September, the Trump administration has launched 22 strikes on alleged drug-trafficking vessels in...
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