Investors Should Not Be Barred From Buying Homes
Posted By: RockyTCB, 1/13/2026 8:09:05 AM
President Donald Trump said last week that he was “immediately taking steps to ban large institutional investors from buying more single-family homes” and “will be calling on Congress to codify” the proposal. His advisers need to show him why that’s a bad idea. Trump promised to “discuss this topic, including further housing and affordability proposals, and more, at my speech in Davos in two weeks.” So there is time to present clear arguments that should convince him to quietly drop the plan. If we had an audience with the president, we’d first remind him that the government in a free country has no authority to determine who
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President Donald Trump said last week that he was “immediately taking steps to ban large institutional investors from buying more single-family homes” and “will be calling on Congress to codify” the proposal. His advisers need to show him why that’s a bad idea.
Trump promised to “discuss this topic, including further housing and affordability proposals, and more, at my speech in Davos in two weeks.” So there is time to present clear arguments that should convince him to quietly drop the plan.
If we had an audience with the president, we’d first remind him that the government in a free country has no authority to determine who
Recall Mamdani
9 replies
Zohran Mamdani has been New York City’s mayor for hardly a week, and his term is already a stew of antisemitism, pro-terrorism, Marxism and discrimination. Voters made a horrifying mistake they can’t correct themselves. But they can band together in a fully justified effort to drive him from office in line with state law.
Before Mamdani was elected in November, it was obvious that he was the last person who should hold the job. It was widely know that he wanted to seize the means of production, that his clearly implied wish as an Islamist is to globalize the intifada
The government’s official report on economic growth in the fourth quarter of 2025 won’t come out for another six weeks. But a preview should be a cause for celebration for everyone who isn’t a Democratic politician.
The Federal Reserve Bank of Atlanta keeps a running tab on the economy, using economic data as it comes in to produce an ongoing forecast for GDP growth as the quarter unfolds – which it calls GDPNow.
The number usually bounces around a little as that data come in, and the final number is usually very close to the official government report that comes out several weeks after the quarter ends.
But yesterday saw something unusual.
When Minnesota Gov. Tim Walz decided not to run for reelection amid the massive Minnesota fraud scandal, Fox News said that his political demise “puts the Harris campaign judgment under scrutiny.”
But that misses the bigger and more troubling issue. Namely, the media’s culpability in letting Walz get so close to being a heartbeat away from the presidency.
Instead of due diligence, the press went into spasms of joy about Walz’s supposed appeal to Middle America. He was an “authentic guy,” “folksy,” with a “great record.” He had “psyched up the Democratic base,” and has “been inundated with supporters professing their love for him.”
The Great Divorce Continues
8 replies
When U-Haul released its latest “Growth Index” this week, it made us wonder if blue states will ever get a clue.
Once again, the index found a strong migration out of blue states and into red states.
“Florida, North Carolina, and Tennessee follow Texas as prime destinations. It’s the same top five from 2024 and 2023, although in a different order,” the company said.
The biggest losers: California, Illinois, New Jersey, and New York.
Of the top 10 growth states, nine voted for President Donald Trump in 2024 and seven currently have Republican governors.
Lack Of Trust In Media Continues As Perceived
Bias, Ideology Divide Readers: I&I/TIPP Poll 5 replies
Bias, Ideology Divide Readers: I&I/TIPP Poll 5 replies
Last year may have been good for most Americans, but not so much for big media groups. Confidence in the media hit a recent low in November, and bounced back only slightly in December, as the final I&I/TIPP Poll of 2025 indicates. Can the media ever regain their lost luster?
I&I/TIPP asks Americans each month two questions about the media. The first: “Generally speaking, how much trust do you have in the traditional or established news media (Example: Washington Post, New York Times, NPR, CBS News, etc.) to report the news accurately and fairly?”
Yes, Cry for Venezuela
4 replies
It’s an excruciating economic lesson for the ages.
How can one of the most resource-rich countries on the planet, with trillions of dollars of energy and mineral reserves, beautiful beaches, and beautiful people, become impoverished in just 25 years?
It should have per capita wealth equal to Saudi Arabia and tourism like Bermuda. Yet half of its citizens now live in “extreme poverty.”
The simplest explanation? Venezuelan communist leaders Hugo Chavez and Nicolas Maduro abandoned free markets and “rugged individualism” in favor of the “warm embrace of collectivism.”
Some are estimating that more than half of federal income tax revenues are devoured by fraud. This should not come as a shock. A massive government that funds everything from small businesses to health care to child care to housing is a rich target for thieves. Sharply reducing its size would limit the opportunities to steal from taxpayers.
Bandits have been defrauding of the U.S. government on such a colossal scale that even the legacy media has had to cover it, at least somewhat. The Minnesota Somalis looting the public fisc blew the lid so high that now smart folks are finding institutionalized fraud far, wide, high and low.
You have to marvel at the sequence of events we just experienced. On Jan. 1, a socialist was sworn in as mayor of New York, promising the “warm embrace of collectivism.” On Jan. 3, President Donald Trump announced that he’d forcibly removed Nicolas Maduro from Venezuela, ending the country’s 23-year embrace of socialism.
We will leave it to the pundits, the lawyers, politicians, and various other “experts” to debate the merits of Trump’s action.
But what we can’t let happen is for the left and the mainstream media to ignore or downplay just how tragic Venezuela’s embrace of collectivism has been.
Politico Should Fire Josh Gerstein
5 replies
Just how corrupt are journalists these days? Consider this example from earlier in the week involving the explosive Minnesota fraud scandal – the one the mainstream media covered up for years and is now busy trying to downplay.
On Tuesday, Josh Gerstein, a “senior legal affairs reporter” for Politico, weighed in in response to the Nick Shirley video, in which the amateur journalist took his camera to various empty taxpayer-supported “day care centers” that were obvious fronts.
Instead of expressing outrage that fraudsters were stealing massive amounts of money meant to support poor families – and his
California’s ‘Get Out Now’ Tax
20 replies
It might seem that public policy insanity has reached an end in California. After all, what more could the state’s malevolent progressive politics concoct to make it more hostile to business, innovation, enterprise, and hard work than it already is? How about a tax on those who drive the economy? Yes, that should do it.
The Service Employees International Union-United Healthcare Workers West and St. John’s Community Health in Los Angeles have teamed up to concoct the 2026 Billionaire Tax Act, a citizen-initiated statute that might appear on the ballot next November. Should it pass, it would levy a “one-time 5% tax on California billionaires in this emergency
Nick Shirley’s 42-minute YouTube video on daycare fraud in Minnesota is shocking not just because of the scale of abuse he uncovered in a day. It’s shocking because it took a young kid to expose this years-long scheme. Where was the mainstream media all this time?
In the must-see video, Shirley teams up with a citizen investigator and goes door-to-door visiting various “daycare” facilities in Minneapolis that got millions in taxpayer money through a Child Care Assistance Program.
The first two “daycare centers” are both located at the same address in an industrial park,
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As U.S. Immigration and Customs Enforcement agents surged into Minneapolis, Minnesota, one local McDonald’s made a public display against the upholding of federal immigration law.
The Daily Wire posted an image of the sign, which was captioned “NO ICE ACCESS IN THIS BUSINESS,” to social media platform X on Thursday afternoon.
The sign was clear that it was intended as a “NOTICE TO ALL LAW ENFORCEMENT & IMMIGRATION AGENTS.” “This is a private business,” it said.
“You are not permitted to enter non-public areas of this business (including offices, break rooms, storage areas, and staff-only areas) without a valid JUDICIAL WARRANT signed by a judge or magistrate.”
Whoopsie. Look what Tampon Tim signed into law back in 2020. As the circus over the George Floyd protests raged on, Minnesota’s Legislature updated its “use-of-force” statute, and Gov. Walz signed it into law that July.
(snip)
MN law §609.066: Officers can use deadly force if a driver accelerates toward them, creating immediate life-threatening danger. No need to wait for impact—they can act based on apparent intent & proximity.
(snio)
And it’s all based on the totality of circumstances known at the moment, not some hindsight debate after the fact.
The Trump administration has canceled the Biden administration’s rules forcing banks to ignore immigration status for loan applications.
On Monday, the Consumer Financial Protection Bureau and the Justice Department eliminated the Biden guidelines that ordered lenders not to consider immigration status when evaluating loan and credit applications, a rule that had major implications for mortgages, credit cards, and auto loans, Bloomberg reported.
The Biden administration maintained that considering immigration status would violate anti-racism laws that ensure equal and fair lending practices.
The Biden era rules were intended to help anchor illegal and temporary visa workers into Americans’ communities, for example, by providing funds for homes, autos, and apartment leases.
The average national price for a gallon of gas dropped to $2.796, the lowest we’ve seen since 2021, per AAA.For obvious reasons, the White House is eager to spread this good news.
“In 43 states, the average gas price is below $3/gal. In 30 states, it’s below $2.75/gal,” wrote the White House’s official Rapid Response X account. “In 17 states, it’s at or below $2.50/gal.”The cost of gas is the tip of the wedge to achieve that new word everyone’s using these days: affordability.Those gas station signs we all pass displaying that day’s cost per gallon acts as a national barometer about how we feel about the economy.
House Oversight Committee Chairman James Comer dropped a bombshell this week, suggesting that far-left Rep. Ilhan Omar sits “at the top of the suspect list” in the sprawling Minnesota fraud scandals involving taxpayer-funded daycare and healthcare programs.
The comments came during a pointed exchange with journalist Alison Steinberg, who raised serious concerns about whether members of Congress themselves may have benefited from money funneled through political action committees tied to fraudulent daycare and healthcare schemes.
Oregon election officials are set to begin removing hundreds of thousands of inactive voters from the state's registration rolls (snip) after years of inaction, mounting public pressure, and lawsuits against the state in recent months. Oregon's Democratic Secretary of State Tobias Read (snip) outlined two new directives (snip) to address the roughly 800,000 voter records that are being maintained by state officials. (snip) [O]regon paused removals in 2017. (snip) "[I]'s astounding that they haven't been removing anybody from the voter force in almost a decade because this is very basic 101 level election administration," said Jason Snead, executive director of the Honest Elections Project.
The Illinois Republican Party has blasted as "divisive" the hiring language the Obama Foundation is using (snip) arguing it shows the privately run project is using public land to advance a political agenda. (snip) While commonly referred to as a "library," the Obama Presidential Center (snip) does not function as a traditional presidential library. (snip) [The state GOP] said the hiring language reinforces concerns that the Obama Presidential Center is operating as an ideological institution (snip.) "[J]ob postings state that the foundation is deeply committed to (snip) leveraging our global reach to combat systemic racism and inequity wherever it exists."
The scandal surrounding Somali-linked welfare fraud in Minnesota has been festering for more than a decade. For years, it lingered as an open secret, quietly discussed and carefully avoided. That era has ended. The Trump administration is going to turn a blind eye to it in the way other past administrations have in the past.
In an exclusive interview, Christopher Rufo and Treasury Secretary Scott Bessent laid out just how vast the problem has become — and why Minnesota is just the tip of the iceberg because what the Treasury Department has uncovered is worse than most people realize.
Democratic National Committee (DNC) Chair Ken Martin compared the U.S. to Iran in several social media posts Sunday, claiming both countries are guilty of "killing protesters."
Martin made his first comparison on X, expressing support for both protesters in the U.S. and Iran for rising up against "systems that wield violence without accountability."
"From Tehran to my birthplace of Minneapolis, people are rising up against systems that wield violence without accountability. In Iran, brave protestors confront a far-right theocratic regime that crushes dissent and denies basic freedoms," Martin wrote.
A New Nick Shirley Video Shows Grift That
Is 'Ten Times Worse' and Will Cause 'World
War III' 14 replies
Is 'Ten Times Worse' and Will Cause 'World
War III' 14 replies
U.S. Treasury Secretary Scott Bessent was told over the weekend that a new Nick Shirley video being released soon - maybe even as early as Monday — is "ten times worse" than the "Quality Learing Center" daycare scam. In Shirley's previous video, he and his source, David Hoch, who has been investigating this billion-dollar-plus scam for years, discovered multiple daycare centers in one building without children in them for years. And this is where Hoch says is the heart of the ongoing continuing criminal enterprise.
Hoch says the new video will show that most of these companies are Somali-owned, and his and Shirley's visit to these companies found zero companies.
Minnesota sued the Trump administration on Monday, asking a court to halt a massive federal immigration operation they claim is unconstitutional, politically motivated and endangering public safety.
The lawsuit claims “Operation Metro Surge” has led to racial profiling and disruptions to public life.
“The unlawful deployment of thousands of armed, masked, and poorly trained federal agents is hurting Minnesota,” said Minnesota Attorney General Keith Ellison. “People are being racially profiled, harassed, terrorized, and assaulted."
The Billionaire Tax Act isn’t even officially on the California ballot yet, but that hasn’t stopped businessmen, entrepreneurs, and investors from fleeing the state, taking $1 trillion in wealth – along with jobs and opportunity – with them.
Tech entrepreneur Chamath Palihapitiya has been keeping track of who’s decided to leave the state in advance of this “temporary” tax.
“We had $2T of billionaire wealth just a few weeks ago. Now, 50% of that wealth has left – taking their income tax revenue, sales tax revenue, real estate tax revenue, and all their staffs (and their salaries and income taxes) with them,” he posted on X this weekend.