Anonymous ID: d70c75 Sept. 28, 2024, 3:07 p.m. No.21674905   🗄️.is 🔗kun   >>5050 >>5070 >>5113 >>5199 >>5319 >>5371

Trump: Rally Downsized so Iran's President Could Be Protected

https://www.newsmax.com/newsfront/trump-rally-wisconsin/2024/09/28/id/1182123/

 

Former President Donald Trump, speaking before a small crowd in Prairie du Chien, Wisconsin Saturday after his outdoor rally was canceled because of a shortage of Secret Service agents, complained that the Biden administration chose to guard Iran's President Masoud Pezeshkian over him.

 

"We were going to have a thing outside someplace in an area where we could have held the people and I would say what do you think, 40,000, 50,000 people at least out there…thousands and thousands of people and they all could have had a lot of fun," Trump said. "Instead, now they're probably leaving and walking back home because we have a nice little room that probably holds 1,500, 2000, maybe less, and outside you have 40,000 or 50,000 people because the administration couldn't give us the Secret Service necessary because they're guarding the Iranian president who's looking to kill Trump."

 

Trump's campaign scrapped the plans for the outdoor rally after the Secret Service said it did not have the personnel that it needed to secure the site, CBS News reported Friday, citing multiple sources.

 

He had planned to hold the rally outdoors at a Wisconsin airport.

 

The shortage came because of the ongoing United Nations General Assembly in New York City, where the Secret Service is responsible for providing the security for foreign dignitaries.

 

The agency was "never configured to provide such an elevated level of protection for an increasing number of protected," an official told CBS News.

 

"Our personnel and equipment are being pushed to their limits to sustain the current operational tempo" the official commented under the condition of anonymity. "This proposed Wisconsin event also took place during the United Nations General Assembly, where the Secret Service is responsible for the safety and security of over 140 world leaders amid a challenged global threat level."

Anonymous ID: d70c75 Sept. 28, 2024, 3:09 p.m. No.21674917   🗄️.is 🔗kun   >>4921 >>5113 >>5199 >>5319 >>5371

>>21674900

Congressional Bill Aims to Keep Mortgage Rates from Consumers

 

Congress is set to pass a bill that blocks mortgage financing companies from sharing with consumers information on the best interest rates available.

 

This sounds crazy and it is.

 

We all know that housing has become extremely expensive over the last five years. A key reason for this is the very high interest rates new homeowners have to pay. Most homeowners in middle America have a mortgage while the wealthy generally do not.

 

Now Congress wants to go out of its way to make sure the middle class is paying possibly the highest interest rates because they don’t want them to have other options.

 

It is a known fact that wholesale mortgage providers will save an average homeowner $10,300 on average.

 

Veterans will save even more if they go wholesale, somewhere around $13,400.

 

But Congress wants to make sure that they limit rate information mortgage providers can offer to potential homeowners about how they can save money.

 

Currently there is a bill in the Senate right now designed to do just this.

 

For 20 years, mortgage wholesalers have been able to buy information on potential customers, This data comes from credit report companies who have to provide their reports to banks and others.

 

This data has enabled the wholesale mortgage brokers to provide information to homebuyers of competitive rates.

 

Getting competitive rates saves consumers money.

 

The buyer is in a better position as they can either negotiate a lower rate with the bank or go with a different lender.

 

Because of this competition it also prevents certain organizations from having a virtual monopoly to charge whatever they want.

 

Some in Congress want this bill, claiming they are giving consumers privacy.

 

This is complete hogwash because the consumer is currently protected, they can opt out if they do not want their information released, or they can be put on a do not call list.

 

The only thing this current bill does is protect the big banks and financing firms that they can continue to punish the middle class with high interest rates.

 

We have two organizations that support this so-called privacy bill: the Mortgage Bankers Association and the National Association of Mortgage Brokers.

 

They hate the wholesale brokers that come in there and give a fair price for the mortgage.

 

These associations have been lobbying for years to stop consumer homebuying information that is shared with wholesalers.

 

This competition causes the larger banks to have to reduce their price and prevents them from charging as much as possible for the loan.

 

It is interesting to note that this entire group of small wholesale brokers cater to the middle class because the jumbo loans are almost exclusively handled by the Banks or large institutions.

 

The escalating cost of housing, fueled by high interest rates, unfairly burdens the middle class while enriching large financial institutions.

 

The current legislation in Congress, disguised as consumer protection, aims to actually limit consumers’ access to vital information that could save them many thousands of dollars.

 

It’s time to ensure a fair housing and competitive mortgage market that serves all Americans.