Free Republic

I have never seen two Federal entities make such a mess in my life. The Federal Reserve and The Federal government. The good news? The 10-year Treasury yield is down -12.9 BPS this morning generally resulting in lower 30-year mortgage rates. Of course, the reason why the 10-yield is falling is generally bad news. The bad news? US New Home Sales fell -16.6% MoM in April as mortgage rates skyrocketed. Since the installation of Joe Biden as President, new home sales have plunged -31.2%, mortgage rates are up 88.9%, and framing lumber prices are up 29.2%. Biden is out there...

Please Follow us on Gab, Minds, Telegram, Rumble, Gab TV, GETTR Russian forces have achieved a significant breakthrough in the area of Popasna, East Ukraine against Ukrainian forces. Fighting is reportedly ongoing in the villages of Volodymyrivka and Soledar, which are located along the main supply route for thousands of Ukrainian soldiers in Lysychansk and Severodonetsk, reported Inkerman. Following the capture of the town of Popasna, the Russian General Staff devoted most of its available resources in Eastern Ukraine to this part of the front.If the Russian advance continues, they will be in a position to fully encircle thousands of...

Henry Kissinger said that Ukraine must concede territory to Russia to end the war, and warned the West that a humiliating defeat for Russia could result in wider destabilisation. The legendary statesman, now 98, made the comments in a conference at the World Economic Forum in Davos, Switzerland Monday

Joe Biden let the veil slip Monday, telling reporters gathered at a press conference in Tokyo that unaffordable gas prices in the U.S. are part of a deliberate “transition” to green energy.Suddenly, Vladimir Putin isn’t to blame anymore as a reporter asked if a U.S. recession is unavoidable. Struggling to speak coherently, Biden said “When it comes to the gas prices, we’re going through an incredible transition that is taking place that God willing when it’s over we’ll be stronger.” “The world will be stronger and less reliant on fossil fuels when this is over,” Biden added. Biden also claimed...