The American Conservative 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸

@JBPritzker JB Pritzker….raising taxes everyday, one item at a time…..

In Illinois, we're bringing down costs—one junk fee at a time. I called for this in my State of the State address, and I'll be proud to sign it into law.

@JBPritzker Highest property taxes in the country.

Illinois is facing a housing crisis. It's time to fix it.

@0xReflection When the consensus thinks they have it all figured out and are waiting for something to happens it usually never does and takes a totally different direction.

🚨 THE FIRE ALARM IS SCREAMING But everyone ignoring it The US 30-Year Treasury yield just hit 5.2% We've only been here once before July 2007 You remember what happened next? Three months later, the stock market peaked A year after that, Lehman Brothers collapsed and dragged the entire global financial system down with it Same yield. Same setup. And almost nobody is talking about it So why are yields exploding? Two words: inflation's back ➮ CPI at 3.8% ➮ PPI at 6% ➮ Oil above $100 a barrel since the Iran war started Here's the part most people don't get: A bond paying you 5% sounds great - until you realize inflation is eating 3.8% of that return every single year. So investors are doing the only rational thing. They're selling. And that's where it turns dangerous: ➮ Investors sell ➮ Yields rise ➮ Government borrowing gets more expensive ➮ The deficit gets worse ➮ So they flood the market with even more bonds ➮ Which pushes yields higher still It's a loop. And nobody has figured out how to break it. Now put real numbers on it. The US is sitting on $39 TRILLION in debt. Every 1% rise in yields adds roughly $390 billion in annual interest. America now spends around $1.2 trillion a year just on interest (more than its entire military budget.) And this isn't only a Wall Street problem. The average 30-year mortgage was below 6% before the Iran war. Today it's 6.68%, heading straight for 7%. Don't take my word for it. The smart money is already running: ➮ 62% of global fund managers expect the 30-year yield to hit 6% ➮ Barclays and Citigroup are warning yields could breach 5.5% ➮ BlackRock's head of research is telling clients to dump government bonds entirely When the 30-year hit 5% in 2007, most people ignored it too. They found out what it meant 12 months later. History doesn't repeat exactly. But it rhymes. And right now it's rhyming with 2007. Don't worry though - my system flags the exact moment the market shifts from CAUTION to DANGER. You'll be warned before it hits, like always. All you need to NOT miss my next call is follow me

@EndWokeness Gorilla fever

@skumWgmi America needs to take better care of their older people. Many other civilized countries do.

My uncle had a heart attack. He survived. He wishes he hadn't seen the bill. Ambulance: $3,200. ER: $44,000 Surgery: $180,000. ICU: $22,000 per day. For 4 days. Rehab: $1,400/day. Insurance negotiated it down to $97,000 out of pocket. He's 65. He'll die still paying this off. in every other developed country, this bill is $0. We don't have a healthcare system. We have a hostage situation.

@EndWokeness Preparing for the next summer of joy!

Chicago Mayor Johnson: "If we think we can arrest our way to safety, we wrong. We ask police to do too much!" From today's summer safety event:

@GovPritzker @ILHumanServices Why not buy the building at 55 W Monroe that sold for a 90% discount? It’s $30 a square foot. With your new property tax increase you could make the tax payers buy it for you and fill it with vagrants.

Home Illinois is our mission to reach functional zero homelessness. In order to do that, we need to better understand how it impacts all our people to best meet them where they are. Today’s briefing was a step toward a future where every Illinoisan has a place to call home.

@ZachForIL @GovPritzker Now that a bunch of big commercial buildings in Chicago are selling for 90% discounts this will give JB the opportunity to buy them with your money and turn them into free public housing. Problem fixed.

Translation: “I’ve really done a terrible job, and Illinoisans are barely surviving. That’s not good for my upcoming election. What can I do??” — @GovPritzker

@IlliniJen Don’t t let JB see this! He will use it as another opportunity to add an additional layer of taxes!

ComEd is brazenly ripping off Chicago and the suburbs with yet another rate hike this summer, while blaming rising demand. Our rates are already sky-high at 17¢ per kilowatt-hour, with average bills at $107 and climbing past $120. We’ve been hammered nonstop: last summer’s 10% spike added over $10 a month, and the 2025 PJM capacity auction, fueled by data centers, drove prices up nearly 50%. Now in June, the supply charge jumps 12%, resulting in a 9% overall bill increase while we blast the AC. This is no coincidence. Pritzker dangled massive tax incentives to lure these power-hungry data centers here and bragged about turning Illinois into a tech hub. He’s now calling for a two-year pause on new incentives, but it’s too late for this summer. We’re already subsidizing Big Tech’s greedy energy binge and the governor’s grand vision one painful kilowatt at a time. So enjoy your higher energy bills, courtesy of ComEd and @JBPritzker.

@fox32news If you keep taking these drugs you’ll loose 100% of your weight.

Retatrutide, Eli Lilly’s next obesity shot, showed far more weight loss in clinical trial patients than other blockbuster obesity drugs. fox32chicago.com/news/retatruti…

@OptimizedPort @DividendBreeder Obviously no sense of history or how math and markets work. Definitely a lack of experience.

@americanconsev @DividendBreeder In fairness, I don't think OP understands what SORR is, what SWR is, or how they interact. People who offer up armchair, surface-level criticism of things like the 4% Rule often don't fully understand it: x.com/DividendBreede…

One area I agree with Dave Ramsey where many others don’t… You can pull out 6% of your nest egg annually in retirement and you’ll be just fine. Rule of 4% (or less) is ultra conservative.

@Suntimes Toss them all back over the border. Problem solved. 👋👋👋

Homelessness rates increased among Latinos in Illinois in recent years, exacerbated by the influx of migrants bused to Chicago by the governor of Texas, according to a new report. chicago.suntimes.com/real-estate/20…

@JackPosobiec @NickRecondo The only thing that might begin to dissuade them would be public executions.

Mass arrests at call centers

@midwestern_ope Nobody wants to admit they’re from Chicago anymore. It’s an embarrassment across the country.

Geographically correct map of Chicago

@FCNightingale @xungovernable $30 dollars a square foot. Another dead building that JB can turn into a homeless shelter.

55 W. Monroe St. Chicago, Illinois selling at 90% discount. Reported to be selling for close to $25 million. Canada’s Manulife paid $243.25 million for the property in 2014. 815,074 Square Feet More than 80% vacant. -CoStar #commercialrealestate

@GovPritzker Nobody retires in Illinois unless they can’t afford to leave after being taxed to death for a lifetime.

Today, I've signed an Executive Order to establish the EngAging Illinois Multisector Plan for Aging Commission — a powerful step to ensure every Illinoisan has the support they need to age with dignity. The Commission will use our 10-year blueprint to turn vision into action.

@Common_Cent1 You can remove the fraud but you can’t remove the debt created by the fraud.

Illinois is a Red State if you remove the fraud 🤷🏾‍♂️

@GuyChicago5151 Hell

Declining

@its_The_Dr Next up….you can only drive an electric car in Minnesota

This is insane. They want to make you not drive your classic car 5 days a week! This is Communism.