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Click On Picture To See Larger PictureThe green new scam is finished. The people never demanded electrical vehicles, the [CB] pushed it on the people. The economy is breaking apart, it looks very similar to 2008 but worse. The numbers the Biden/Harris admin have been putting out are fake. The Fed will bring it all down. The [DS] is putting everything in place to go for it this election. They are now ramping of the plandemic, they are hacking systems to build the narrative of a cyber attack, they are pushing war. Trump will not accept intelligence briefings because he does not need the clown intelligence, he is using military intelligence to tell him what is going on. Trump lets everyone know justice is coming.

 

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Economy

Ford Ditches Plans For Electric SUV As Industry Continues To Backpedal From EVs

The trend of legacy automakers ditching their plans and investments in EVs continues, with Ford reportedly the latest to cancel plans for a large three-row electric sport-utility vehicle, according to a new report from the Wall Street Journal.

The company will take $1.9 billion in related special charges and write-downs as a result, the report said.

Ford is canceling due to pricing pressures and increased competition, instead opting to focus on hybrid versions of its popular Explorer and Expedition models.

This decision reflects a broader trend among automakers that we have written about over the last year or two, especially since the UAW extorted negotiated their latest labor contracts from the Detroit automakers.

Additionally, consumer demand has been weaker than anticipated, with concerns over cost and charging infrastructure. As a result of all of these factors, combined with increased competition out of China, legacy automakers are scaling back EV investments. VW also announced it was stepping back from EVs to focus on hybrids earlier this year, as we wrote in May.

Source: zerohedge.com

https://twitter.com/KobeissiLetter/status/1826629415377240550

  of the average monthly disposable personal income. By comparison, this share was significantly lower in 2019, at ~24%. In other words, rents have risen much faster than post-tax household income. Even renting a home is becoming a luxury.

https://twitter.com/BehizyTweets/status/1826330352618799345

  qualify for the program “The social and economic benefits of homeownership should be available to everyone." - Assemblymember Joaquin Arambula Specifically, AB 1840, will prevent the state’s Dream for All Shared Appreciation Loans program from denying individuals on the basis of their immigration status.

The program will allow applicants to get "loans" of up to 20% of the home’s purchase price — or, about what a typical down payment is — with zero down payment on the state loan required. There are also no provisions on how the "borrower" can pay back. Meaning they can get the home and live in it for as long as they want without ever paying a dime I know, I'm still trying to wrap my head around it too. I guess trying to use logic to understand what CAN'T be logical is pointless.

https://twitter.com/KobeissiLetter/status/1826365057183129614

  respondents reported decreases in full-time jobs, the highest share since May 2020. Additionally, non-manufacturers' general assessment of business activity plummeted to -25.1 points, the lowest level since December 2020. The labor market is cracking.

https://twitter.com/EndWokeness/status/1826282262129987762

https://twitter.com/erictrump/status/1826379313673109866?