08-13-24 FED Monetary Gold News PM

The Harsh Reality of Affording Homes in Today’s Economy

Author

Daniel Belyaks
August 13, 2024

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Inspirational Quote

“A man, after he has brushed off the dust and chips of his life, will have left only the hard, clean questions: Was it good or was it evil? Have I done well — or ill?”

John Steinbeck, East of Eden

The Latest News

Families Are Moving Out of Big Cities

In a revealing trend that underscores the failures of urban progressive policies, American families with young children are increasingly abandoning major cities. This exodus, highlighted in recent reports by The Atlantic and analysis by a Manhattan Institute scholar, suggests that the very policies championed by progressives may be driving families away.

The Atlantic's Derek Thompson recently critiqued JD Vance's pronatalist views but conceded that progressives face a significant "family problem." This issue stems less from personal choices about childbearing and more from the family-unfriendly policies prevalent in Democrat-controlled urban areas.

According to Connor O’Brien of the Economic Innovation Group, the population of children under five is dwindling at twice the rate in large urban counties compared to other regions. This stark decline is evident in major cities like New York and Los Angeles, where the number of young children has plummeted by nearly 20 percent in just three years.

"These places ought to be advertisements for what the modern progressive movement can achieve without meddlesome conservatism getting in the way, at the local or state level," The Atlantic pointed out in its analysis. The publication further challenged progressive leaders with a poignant critique: "If progressives want to sell their cause to the masses, they should be able to say: Elect us, and we’ll make America more like Oakland. Or Brooklyn. Or suburban Detroit. If they can’t make that argument, that’s a problem."

The decline in young populations in these cities is not merely a result of the COVID-19 pandemic or broader national trends of falling birth rates. Cities in Republican-led states have been more successful in building housing and controlling child-care costs, suggesting that policy failures in Democrat-led cities are contributing to the family exodus.

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Banks Now Treating Customers as Criminal Suspects for Withdrawing Their Money

Customer Had Debit Card, Photo ID, Told $2,000
Too Much to Withdraw on the Spot

 

My Dear Friend,

The far-left progressives and the world elites are gaining a foothold in all financial institutions and transactions, Digital and Cash.

They want money... All of it, or at least control of it.

They are setting up governance mechanisms to rule over your money.

This whole digital money thing is coming. IT'S COMING... PREPARE. When it does happen, will they outlaw cash?

Banks are already clamping down. They're coming at you from both ends.

Barclays Bank has prohibited depositors from withdrawing large deposits in the past.

People put their money in banks to be safe; now your money is not safe from the banks.

I'm not talking about withdrawing $5,000 or $10,000—no $2,000.

A perfect example a man walks into Barclays Bank and asks for £1,570, or $2,000 US. He wants to pay his bills.

Barclays said no.

Now, Banks are beginning to post this letter in their windows.

Credit: Wall Street Silver, @WallStreetSilv/X

You are now a Criminal Suspect. Who do you think you are withdrawing your funds?

You have a small window of time before the US Debt becomes an armed torpedo aimed at every bank.

As Janet Yellen, Joe Biden, and yes, Kamala Harris (if elected) continue to raise our debt up to $50 Trillion, more and more banks will begin to crumble causing runs on the banks.

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Sam Bennett

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