2008 Financial Crisis

Foreclosures Rising Under Trump Reignite Housing Crisis Fears

Foreclosure activity in the U.S. is experiencing a rise in 2025, with October marking the eighth consecutive month of annual increases. According to ATTOM, there were 36,766 foreclosure filings in October, a 19% jump year-over-year, though still remaining low compared to historical levels. Experts suggest this increase reflects a normalization of foreclosure volumes as market conditions adjust, but overall risk remains low due to factors like low-interest mortgages and the positive equity of most homeowners. While states like Florida are seeing the worst foreclosure rates, there is no indication of a crisis.

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ISIS Terror Plot Against Chicago Pride Parade Exposed, Sparking Distraction Accusations

An FBI investigation revealed a potential ISIS plot to attack the 2024 Chicago Pride Parade using a backpack bomb, as discussed on a dark web terrorist forum. This plot, which never materialized, was part of a larger planned series of attacks against LGBTQ+ targets in the U.S., according to an FBI affidavit. Law enforcement experts emphasize the seriousness of these online threats, especially given the recent arrests in Detroit related to planned attacks on LGBTQ+-friendly venues. Authorities are now highlighting the importance of vigilance, particularly for upcoming public events like the Christmas parades, while Pride Chicago officials are responding with a renewed emphasis on visibility and resilience.

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Trump’s Policies: A Path to Economic Crash and Potential 1929 Parallels

Trump Is pushing us toward a Crash. It could be 1929 all over again.

The economic landscape under Republican administrations, particularly since 1953, paints a concerning picture. History shows a clear pattern, with a significant number of recessions, a vast majority, beginning under Republican leadership. This context sets the stage for a worrisome present, especially when considering the actions of a figure like Donald Trump. His history of business failures, marked by multiple bankruptcies, raises serious red flags. Could the United States, under his influence, be heading towards a financial catastrophe mirroring the Great Depression?

The potential for a severe economic downturn under Trump’s guidance is a very real possibility, and it’s something that should concern everyone.… Continue reading

Michigan Men Charged in Alleged ISIS-Linked Halloween Terror Plot: Skepticism and Scrutiny

Two men, Mohmed Ali and Majed Mahmoud, face federal charges for planning a terror attack over Halloween weekend in Michigan. The suspects are accused of conspiring to commit a federal crime of terrorism, as revealed in a 73-page criminal complaint. Evidence includes the purchase of firearms, ammunition, and tactical gear, along with communication, in which the suspects allegedly discussed an attack on behalf of the Islamic State terrorist group. Law enforcement seized multiple firearms, over 1,600 rounds of ammunition, tactical vests, and other materials during raids on the suspects’ homes and a storage unit.

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Bank of England Chief: Firm Collapses Raise Economic Concerns

The Governor of the Bank of England, Andrew Bailey, has expressed concern over the recent collapses of two US companies, including car parts supplier First Brands and subprime car lender Tricolor, suggesting these failures may signal wider problems in the financial system. Mr. Bailey indicated that these failures in the private credit market warranted serious attention and drew parallels to the lead-up to the 2008 financial crisis. The Bank of England plans to conduct “stress tests” of private equity and credit firms to assess the potential for systemic risk. Additionally, the Bank will be examining the private finance sector to identify vulnerabilities and potential parallels with the 2008 financial crisis.

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Trump, Gabbard Fired CIA Russia Expert After Alaska Summit

Leading up to the Alaska summit between President Trump and President Putin, a top CIA Russia expert dedicated extensive hours to preparing Trump’s team. This expert’s role included briefing the team and aiding them in navigating high-stakes discussions, specifically focusing on Ukraine. The expert’s efforts were crucial to ensuring the US delegation was well-informed prior to the summit. This information was provided by a former colleague of the Russia expert.

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French Teens Detained in Eiffel Tower, Synagogue Plot; Concerns Raised

French authorities have arrested two teenagers, aged 15 and 17, for allegedly plotting terrorist attacks against synagogues and the Eiffel Tower, with the youths reportedly sympathizing with ISIS. The individuals, raised in “Arab-Muslim families,” had been exchanging violent content and discussing attacks, having searched for weapons online. They appeared in court on charges of criminal conspiracy to commit terrorism. This incident reflects a worrying rise in terrorism charges against minors in France, prompting the creation of a special department within the National Terrorism Prosecution Office.

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Trump Purges Senior CIA Russia Analyst Amidst Concerns

The CIA officer, a veteran of American intelligence with over two decades of service, held a pivotal role in 2016 as the top intelligence officer for Russia and Eurasia. In this capacity, she supervised the creation of a report detailing Russia’s interference in the presidential election, specifically its support for Donald Trump. Later, she rejoined the agency as a senior manager, resuming her oversight of CIA operations and analysis concerning Russia and the former Soviet Union.

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Iraq Begins Excavation of Islamic State Mass Grave: A Somber Undertaking

Iraqi officials have begun excavating a mass grave near Mosul, believed to contain thousands of victims of the Islamic State (ISIS) group. This initial phase focuses on gathering visible remains and preparing for a full exhumation, which will require international assistance. Authorities estimate thousands of bodies may be buried at the site, known as Khasfa, including Iraqi army and police personnel, Yazidis, and other victims. The excavation is a crucial step in identifying victims and bringing closure to families, with DNA collection and database creation as essential first steps to ensure proper identification.

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Putin Awards Trump Envoy Amid CIA Official’s Son Controversy

President Vladimir Putin awarded US President Donald Trump’s envoy, Steve Witkoff, the Order of Lenin to pass on to a senior CIA official whose son was killed fighting for Russia in Ukraine. Michael Gloss, the 21-year-old son of CIA deputy director Juliane Gallina, died in Ukraine last year and enlisted with Russian forces in the fall of 2023. The Kremlin has not officially acknowledged the award, while neither the White House, the CIA, nor Witkoff have commented on the matter. Reports indicate Trump and Putin are scheduled to meet to discuss the future of the war in Ukraine.

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