Tag Archive for: its the economy stupid

Home Foreclosures Soar Nationwide

So confident is the Democrat party of treason in their running dogs in the media (and election rigging) that they are running on how great the economy is.

The Associated Press and other government stooges are running with it:

President Joe Biden opened a new line of attack against former President Donald Trump on Wednesday, asking and answering the classic “are you better off today than you were four years ago” question to remind voters of what it was like when Trump was in office.

Home foreclosures are soaring nationwide – and rising fastest in these 5 states

By Megan Henney FOX Business, March 15, 2024:

Home foreclosures rose again in February as Americans continue to grapple with the ongoing cost-of-living crisis.

That is according to a new report published by real estate data provider ATTOM, which found that there were 32,938 properties in February with foreclosure filings, which includes default notices, scheduled auctions and bank repossessions. That marks an 8% increase from the prior year, although it is down 1% from the previous month.

“The annual uptick in U.S. foreclosure activity hints at shifting dynamics within the housing market,” said ATTOM CEO Rob Barber. “These trends could signify evolving financial landscapes for homeowners, prompting adjustments in market strategies and lending practices.”

[…]

In South Carolina, foreclosures surged 51%, while Missouri saw a 50% jump and Pennsylvania a 46% increase. Foreclosures in Texas rose 7%, and in Indiana they climbed 0.8%…

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PERKINS: State of Faith, Family, and Freedom Address

TRANSCRIPT

I am Tony Perkins, president of the Family Research Council in Washington, D.C., with this year’s State of Faith, Family, and Freedom in America.

The apostle Peter wrote to believers who had been scattered because of the persecution of the early church, instructing them to “always be prepared to make a defense to anyone who asks you for a reason for the hope that is in you” [1 Peter 3:15 ESV].

Notice where that hope was to reside. Not in the halls of power, the media headlines of the day, and certainly not on the stages of entertainment. Rather, that hope is to be found within us.

As followers of Christ, we have the very presence of God within us, which is our hope and confidence. And in a moment, I want to share with you the tangible results that have come from that hope, results which the godless Left and their lemmings in the legacy media work day and night to keep from you.

So, from that foundation, we look at the state of faith, family, and freedom in America.

The assault on biblical faith continues to accelerate under the Biden administration’s policies, both at home and abroad.

Religious freedom, the top foreign policy objective of the former Trump administration, has been replaced with prioritizing attacks on the unborn, promoting LGBTQ ideology, and the climate, the unholy trinity of the Left.

The Biden administration has found the ideal partner to advance this unholy trinity with the World Health Organization (WHO), which is working feverishly to advance an unprecedented global power grab through a pandemic treaty — or pandemic accord as it is deceptively called to avoid the need for ratification by the U.S. Senate.

This accord grants the compromised WHO the ability to regulate nearly every aspect of life for citizens of every nation when the WHO believes there is a health emergency. The treaty calls for censoring information that would challenge their declaration, which would include silencing dissenting voices. We saw this type of totalitarianism play out here in the United States during COVID-19; we don’t want to see a global sequel.

The consequences of the Biden administration’s misplaced priorities have rapidly manifested in global chaos and instability, along with historic levels of persecution of Christians and other religious minorities.

A case in point is the country of Nigeria, the most populous African nation. As chairman of the bipartisan U.S. Commission on International Religious Freedom during the Trump administration, I led the commission in recommending that Nigeria be designated as a country of particular concern. This designation, which the Trump administration adopted for the government of Nigeria, allowed for economic sanctions upon the country and its leaders for allowing the egregious, ongoing, and systematic persecution of people of faith.

But, without adequate explanation, that designation was immediately removed by the Biden administration when they came into office. The result has been a dramatic rise in the death toll. According to the International Society for Civil Liberties and Rule of Law, more than 8,000 Christians were killed in Nigeria last year alone.

This indifference to religious freedom abroad is rivaled only by the hostility toward religious freedom here at home, as a congressional investigation revealed the FBI tracked and worked to infiltrate churches in part because of leftist propaganda from the Southern Poverty Law Center.

The role of faith, the Christian faith, has been routinely undermined by President Biden’s policies. Faith-based entities focused on proclaiming truth through charitable service have been assaulted.

At the end of last year, the Biden Department of Health and Human Services put forth a new rule that would shut down Christian foster care services and exclude Christian foster families unless they surrender biblical teaching on human sexuality and gender identity. And this comes at a time when more, not fewer, stable families are needed for children in need of a family.

These policies, which are hostile to biblical truth, have fomented and tacitly approved outright acts of hostility toward churches in America.

Over the last year, there have been 436 identified acts of hostility on churches in the United States, ranging from vandalism to firebombing to shootings. Family Research Council’s recently released Hostility Against Churches Report shows an astounding 800% increase in acts of vandalism and violence towards churches since 2018.

The family has not evaded the hostility of this administration either, as radical gender policies are pushed from the Department of Education onto local schools, demanding parents be kept in the dark as their children are transitioned. Ask Jennifer and Dan Mead, whose autistic daughter was being secretly transitioned at school without her parents’ knowledge or consent. Behind their backs, teachers agreed to call her by a masculine name and male pronouns. The Meads stumbled on the truth when an education plan that detailed their daughter’s life as a boy at school was accidentally sent home. Furious, they pulled her out of classes, started homeschooling, and sued. Now, her mom says, “She’s safe. She knows her real identity.” But who knows how many other parents are living this same nightmare? Or worse, oblivious to what’s happening right under their noses.

The hostility of the Left begins at the moment of conception.

“Think about [it],” Vice President Kamala Harris told reporters after the Alabama Supreme Court ruled that frozen embryos are persons. “Individuals, couples, who want to start a family are now being deprived of access to what can help them start a family,” she said, referring to the potential impacts on In Vitro Fertilization. “So, on the one hand, the proponents are saying that an individual doesn’t have a right to end an unwanted pregnancy, and on the other hand, the individual does not have a right to start a family.”

This faux outrage is the height of hypocrisy. The Alabama ruling did nothing to outlaw IVF, but on the contrary, ensured that parents struggling with infertility don’t experience even more heartbreak because of the carelessness of IVF clinics that treat embryos as if they are merely pieces of property. This feign of counterfeit compassion over infertility comes at the same time the Biden administration is working to overturn every state’s pro-life laws by allowing dangerous mail-order abortions without medical oversight — which is a violation of federal law. And once again, they are peddling the lie that protecting unborn children puts women’s lives at risk. Not a single pro-life law prohibits saving a mother’s life. Instead, these laws protect unborn children from being brutally torn apart.

Innocent human life must be protected, as must the mothers, many of whom think they have no alternative. That’s why Republicans are working to stop the Biden administration in its new Temporary Assistance for Needy Families program from excluding pregnancy resource centers from receiving federal funding for the myriad of services they provide.

More and more families are looking to religious nonprofits for assistance in many areas as families struggle under the present tight economy, where prices have climbed 18% since President Biden took office.

Prices aren’t the only thing increasing under this administration; so has violent crime.

While the Democratic Party wants you to believe that crime has declined over the past year, the reality is that homicides, theft, carjackings, and property damage are astronomically higher than they were in 2019. Violent crimes against young people have actually doubled in the last year. Motor vehicle thefts are up 105% since the pandemic — as even members of Congress have fallen prey to carjackings. The murder rate is up as much as 30% in places like the nation’s capital and about 18% overall.

A contributing factor to violent crime is the skyrocketing illegal immigration on our southern border, made tragically evident again when 22-year-old nursing student Laken Riley was found murdered on the campus of the University of Georgia. The alleged murderer, Jose Ibarra, illegally entered the country in 2022 from Venezuela, was detained, and then let loose or “paroled” into the United States. This is a man who was arrested three times but never detained. And by the way, Athens, Georgia, where the campus is located, is a sanctuary city. A sanctuary for criminals and murderers, not nursing students and law-abiding citizens.

An estimated 10 million illegal immigrants have crossed into the United States since President Biden took office in January of 2021.

Deadly drugs like fentanyl are also streaming across the border, becoming the number one killer of Americans aged 18-45.

It is not just drugs and criminals that are streaming across the border; so are terrorists. At least 342 individuals who are on the terrorist watchlist have been detained at the border; there is no telling how many terrorists have evaded authorities and are now in the United States establishing terrorist cells.

We don’t have to look back far into history to see the savagery of a terrorist border invasion. We simply look at October 7 in Israel when Hamas terrorists invaded peaceful Israeli communities and brutally tortured, maimed, raped, and killed 1,400 innocent people and took 240 hostages. And now, five months later, as Israel seeks to secure its borders and eliminate future threats from Hamas, the Biden administration is breaking with one of America’s most politically reliable and spiritually significant allies. The Biden administration has repeatedly called for pauses or ceasefires, which allows Hamas to regroup and resupply, even as American hostages have not been freed.

Most recently, the Biden administration reversed the policy of the Trump administration that recognized Israel had a right to build in the biblical areas of Samaria and Judea, misleadingly called the West Bank. President Biden has gone so far as to sanction Israelis living in these areas while giving billions of dollars to organizations like the United Nations Relief and Works Agency for Palestine Refugees (UNRWA), which has been directly linked to Hamas and the October 7 terrorist attack.

Friends, I believe America’s support for and stand with Israel has resulted in God extending grace to America despite our accelerating departure from His truth over the last half-century. America’s future is inextricably intertwined with Israel’s.

When we look at and consider these challenges, we don’t do so as people who have no hope of overcoming — to the contrary. Jesus, in the parable about the unjust judge, which is an appropriate analogy as we consider our relationship to our government, said men should always pray and not lose heart or hope.

Jesus was not laying out a prescription to simply feel good. This call to prayer was a prescription for change.

Let me give you just a few facts about the change God has brought forth in our nation because Christians didn’t give up hope but instead continued to pray, vote, and stand for biblical truth.

On June 24, 2022, after 49 years of prayerful, disciplined, and often ridiculed political engagement, Roe v. Wade was overturned, putting the ability to protect women and children into the hands of their elected representatives rather than unelected judges.

Here is something I am sure you’ve yet to hear from the legacy media. We have more Bible-believing Christians in Congress, in state legislatures, on city councils, and serving on school boards than at any time in modern history. Look at the speaker of the House, Mike Johnson, a Christian, a conservative, a Republican. I know Speaker Johnson; he and I have been friends for over 25 years.

Look at the transformation of state legislatures across the country. In 1990, there were six GOP-controlled legislatures. Twenty-four years later, there are 28. And one result has been state pro-life laws have doubled since the Republican election wave of 2010.

We know that we will overcome. That is why we must continue to pray for our nation, that we will return to God and His truth. We need to vote. We need to both raise up and vote for leaders who have the qualities that Jethro laid out to Moses in Exodus 18, leaders who: 1) are able, they know what to do; 2) fear God; 3) are men of truth; and 4) are not looking to get rich; rather, they are seeking to serve.

Finally, we need to stand for truth, no matter who else is standing or not standing. And do so filled with the joy of the Lord. In John 15, as Jesus was warning His disciples of the challenges they would face for following Him, He said this: “These things I have spoken to you, that my joy may be in you, and that your joy may be full” [John 15:11].

And we do all of this in love. Paul instructs us in 1 Corinthians 16, to “watch, stand fast in the faith, be brave, be strong. Let all that you do be done with love” [NKJV].

The state of faith, family, and freedom in America is being tested and tried to a degree that is almost unrivaled in our history. But our confidence and hope in the future has never been more solid because we’ve seen the budding fruit of decades of prayer, of biblically guided participation in our republican form of government.

We must let it be known that we will not be intimidated into silence by a weaponized government, nor will we allow Marxist tactics that seek to marginalize the Christian faith to cause us to shrink back into the shadows of society. Why? Because of the hope that is within us and the victory that is before us, it leaves us more resolved than ever to pray, vote, and stand for biblical truth.

AUTHOR

Tony Perkins

Tony Perkins is president of Family Research Council and executive editor of The Washington Stand.

EDITORS NOTE: This Washington Stand column is republished with permission. All rights reserved. ©2024 Family Research Council.


The Washington Stand is Family Research Council’s outlet for news and commentary from a biblical worldview. The Washington Stand is based in Washington, D.C. and is published by FRC, whose mission is to advance faith, family, and freedom in public policy and the culture from a biblical worldview. We invite you to stand with us by partnering with FRC.

‘Super Expensive’: NRCC Drops Video Targeting Dems For Thanksgiving Food Price Hikes

The National Republican Congressional Committee (NRCC) released a video Wednesday, first shared with the Daily Caller News Foundation, seeking to hold Democrats responsible for Thanksgiving food price increases ahead of 2024.

The online advertisement, titled “Thanksgiving in Biden’s America” and launched by the House GOP’s campaign arm, depicts how some of the feast’s staples “are more expensive again this year,” arguing that “you can thank Democrats” for the price increases. Local prices for canned cranberries, canned pumpkins and russet potatoes are all up 60%, 30% and 14%, respectively, since 2022, according to the NRCC.

“It’s super expensive and I’m sharing the cost with some of my siblings,” a grocery shopper can be heard saying in the video.

“Definitely more conscious about what we purchase,” another said.

WATCH:

Inflation has spiked under the Biden administration, which has been attributed by critics to record levels of government spending approved by Democrats. Biden signed the American Rescue Plan in 2021 authorizing $1.9 trillion in new funding for COVID-19 relief, as well as the 2022 Inflation Reduction Act, which added $750 billion to the deficit and sought to advance the president’s green energy agenda.

“Unsatisfied with their war on Christmas, extreme Democrats launched a war on Thanksgiving. That’s why your Thanksgiving meal costs skyrocketed,” Ben Smith, NRCC rapid response director, told the DCNF in a statement.

While the average cost for a Thanksgiving table of ten has decreased by 4.5% since 2022, the price is still up by 25% at $61.17 since 2019, according to a report from the American Farm Bureau Federation released Nov. 15. Last year’s average Thanksgiving feast saw a record-high price of $64.05 compared to $48.91 from before the COVID-19 pandemic.

The NRCC is seeking to expand its majority in the House by targeting 37 seats held by vulnerable Democrats, including several that will now be open in 2024 following a wave of departures in Michigan, Virginia and California.

AUTHOR

MARY LOU MASTERS

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As Homeownership Costs Soar and Inflation Persists, Americans Sour on Biden’s Economy

President Joe Biden turned 81 years old on Monday, and he was greeted with the lowest approval rating ever recorded by NBC News at 40%. While a large part of the number is due to Democrats’ disapproval of Biden’s handling of the Israel-Hamas conflict, it’s also likely a reflection of an economy that continues to struggle under the weight of persistent inflation, skyrocketing mortgage rates, a decline in full-time jobs, and ever-expanding federal debt.

The president has continued to tout “Bidenomics” in recent weeks, despite stating last week that he acknowledges there is a “disconnect between the numbers and how people feel about their place in the world right now.” Polls show that the American public is indeed not connecting with the White House’s messaging on a massive scale. A Fox News survey taken last week revealed that almost 80% of Americans rate the economy negatively.

As economists are pointing out, the raw economic numbers are a tremendous cause for concern. Joel Griffith, a research fellow in the Thomas A. Roe Institute for Economic Policy Studies at The Heritage Foundation, joined “Washington Watch” last week to give a snapshot of where things currently stand.

“The typical family has lost more than $4,000 in real inflation, just adjusted income since President Biden took office, and that $4,000 pay cut is not even taking into account the rising home ownership costs,” he observed. “… [A]s [we]’ve seen real income decline, we’ve also seen credit card balances hit an all-time record $1 trillion. That’s about a $3,000 a family increase over the past year and a half, even as savings rates have plunged near all-time lows. Bidenomics has been a disaster for American families.”

Polls show that Americans are continuing to feel economic pain when they compare their income with prices. An Associated Press poll last month found that “three-quarters of respondents described the economy as poor,” with two-thirds saying their expenses have risen and only one quarter saying their income had also gone up. Compounding the problem is that the prices of many of the items that Americans most commonly buy have inflated substantially. Since February of 2020, the average price of a gallon of milk is up 23% ($3.93), a pound of ground beef is up 33% ($5.35), and a gallon of gas is up 53% ($3.78).

As Griffith went on to explain, one of the primary reasons for the decline in real income currently being experienced by Americans is the exploding cost of home ownership.

“If you’re looking to get a mortgage right now on a standard middle class home, that mortgage payment is costing you about $1,000 per month more than it would have cost you just a year and a half ago,” he noted. “… These are the worst economic conditions since the 1970s. … [T]hat was a time when we also had declining real income, and we also had sky high inflation. So arguably, it’s even worse now than it was then because it’s never been less affordable to buy a home. If you look to buy a home, it costs you about half of your income just to make the mortgage payments and the property taxes. It has never been this bad in terms of home ownership.”

Griffith further illustrated how reported job growth numbers are misleading. “[E]very month, the Biden administration loves to tout these jobs growth numbers. But what they fail to tell us is actually that over the last six months, we’ve actually seen a decline in full-time jobs. The only reason why we have seen the top line jobs growth numbers positive is because we’ve seen a surge in part-time jobs, meaning we have a lot more people today working double jobs just to pay the bills.”

As the national debt approaches $34 trillion, Griffith underscored how runaway federal spending is leading to unyielding inflation.

“[S]pending is out of control — it’s been out of control a long time,” he said. “The interest we’re paying right now on the federal debt is $10,000 per family per year. The amount of money that we’ve borrowed over the prior year is $25,000 per family of four. We cannot keep this up. A big part of the reason why families today are suffering from this inflation … is because for the last three years, we have spent wildly beyond our means, and we relied on our central bank to print the dollars to buy that debt.”

“We have to change this trajectory now, and I’m hopeful Congress will actually attempt to do so once they come back from Thanksgiving and Christmas break,” Griffith concluded.

AUTHOR

Dan Hart

Dan Hart is senior editor at The Washington Stand.

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EDITORS NOTE: This Washington Stand column is republished with permission. All rights reserved. ©2023 Family Research Council.


The Washington Stand is Family Research Council’s outlet for news and commentary from a biblical worldview. The Washington Stand is based in Washington, D.C. and is published by FRC, whose mission is to advance faith, family, and freedom in public policy and the culture from a biblical worldview. We invite you to stand with us by partnering with FRC.