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GOP Civil War Erupts On Two Fronts: Luna Freezes The House Floor, Trump Gets "Brother'd" By Cassidy In Senate Over SAVE Act
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May 12, 2026 / Tyler Durden
Millions Of Student Borrowers Are Defaulting: They Are 40 Years Old On Average
Millions Of Student Borrowers Are Defaulting: They Are 40 Years Old On Average
The NY Federal published its latest report on Household Debt and Credit for the first quarter: the report showed total household debt increased by $18 billion, just a 0.1% increase, in Q1 2026, to $18.8 trillion.
Some details:
Mortgage balances shown on consumer credit reports grew slightly by $21 billion during the first quarter of 2026 and totaled $13.19 trillion at the end of March.
Balances on home equity lines of credit (HELOC) rose by $12 billion, marking the 16th...
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Jun 26, 2026 / Tyler Durden
America's Data-Center Revolt Goes Local - And Bipartisan - As Towns Slam The Brakes
America's Data-Center Revolt Goes Local - And Bipartisan - As Towns Slam The Brakes
The pitchforks are out over the AI buildout - as drama unfolds in county commission chambers, where the people who will actually live next to the substations and cooling plants are starting to win.
Saline, Michigan, December 1, 2025. Rural Michigan residents rally against the $7 billion Stargate data center planned on southeast Michigan farm land. (Photo by: Jim West/UCG/Universal Images Group via Getty Images)
Over the last week, local governments in at least three states have independently moved...
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Apr 16, 2026 / Tyler Durden
House Effort To End Trump's Iran War Fails By One Vote: Guess The Lone GOP Dissenter
House Effort To End Trump's Iran War Fails By One Vote: Guess The Lone GOP Dissenter
Two parallel war-related votes in the House and Senate reveal growing dismay and political fractures over President Trump's Iran war, as the Strait of Hormuz remains locked down and ceasefire still seems distant.
The Republican-controlled House voted Thursday to reject a resolution ordering the White House to end the war with Iran, as Memorial Day approaches and Americans are anxious over gas prices and general rising costs at the grocery store.
The vote was 213-214, almost entirely...
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