LIMITED TIME DEAL: JISULIFE Portable Neck Fan, Hands Free Bladeless Fan. #CommissionEarned

INFLATION, ONCE UNLEASHED, IS DIFFICULT AND PAINFUL TO REIN BACK IN: The Fed just dashed hopes for lower mortgage rates. What homebuyers need to know.

So far, the MBS roll-off has lagged the Fed’s $35 billion cap because of the slower housing market. They’ve been hovering at $15 billion per month, Fed Chair Jerome Powell said after the Fed’s policy meeting last week.

But if sales accelerate in the spring-summer buying season, homebuyers could see an uptick in mortgage rates. The more likely scenario, though, is that mortgage rates just won’t drop, financial and real estate experts said.

“Lower mortgage rates continue to feel more out of reach in this perfect storm of persistent inflation, rising treasury yields, and the Fed’s continued run-off of its MBS holdings,” Orenstein said.

Plus: Fed may need to hold rates steady all year, Kashkari says.

AS IS HIS ENTIRE PRESIDENCY: Biden’s War on Guns Runs Up Against Reality.

THEY’RE ABOUT LAWFARE: Sen. Fetterman: I’m A Senator And I’m Not Exactly Sure What Trump’s Trials Are About.

KEVIN DOWNEY JR: How ‘Woke’ Social Conditioning Almost Cost My Friend His Life and Is Killing Our Nation.

PUT A FORK IN THEM:  Finishing School.

WE’VE ENTERED SOME SORT OF BIZARRE HELL-WORLD IN WHICH PIERS MORGAN IS A VOICE OF SANITY: Go woke, go broke: Hims & Hers boss Andrew Dudum is a morally bankrupt Dud by name — and by nature.

Related: The Hims Hers Drama: “Healthcare” company loses over $200 million in stock value after CEO offers to hire college protesters. Then he walks it back.

SUICIDE BY ANY OTHER NAME:  An Ugly Read…

WITH GOOD CAUSE, NO DOUBT:  Columbia custodian who took on masked pro-terror rioter is too afraid to return to campus — and fears he will be fired.

WHO WOULD HAVE THUNK?  Apparently rioting in support of murderous terrorists does not win the hearts and minds of the public.

DID I SAY CLOWNWORLD?  To whom it may concern.

DID I SAY CLOWNWORLD?  No, Quora derpseal, Hebrew is not “younger” than Arabic.

NOW DO THE HOMELESS AND OTHER CRIMINALS:  65 Arrested as U. California San Diego’s Anti-Israel Encampment, Cleared by Police.

UHUH:  Trump Classified Records Trial in Florida Postponed Indefinitely.

DON’T YOU HATE: Reruns.

YOU SHOULD BE AWARE OF THIS:  Comparative Advantage- by Ian Bruene.

CLOWNWORLD QUANDARIES:  Of Bears and Men.

MERCHAN IS DOING HIS BEST TO SAVE HIS CASE:  Judge warns prosecutors about ‘degree of detail’ during Stormy Daniels’ salacious testimony as jurors struggle to keep straight faces.

FUNNY HOW THE PEOPLE QUICKEST TO DISMISS THEIR COUNTRY’S NATIONAL FLAGS AS ‘MERE RAGS’ ARE SO AVID TO DEMAND RESPECT FOR THEIR (BLM/RAINBOW/PALLY) FLAGS:  Emblems of a flagging country.

GEE, YA THINK?  Covid vaccine may have killed hundreds of thousands in the US alone.

In addition, a preprint of a new study among nearly 50,000 employees at an Ohio clinic, posted last month, says that those who received more than one dose of the covid jab were found to be more rather than less likely to contract the illness. –

From Mark Steyn.   Linking this article

DON’T WORRY, BE HAPPY:

Biden's chief economist literally has no idea how bonds work 🤯

This is actually kind of scary. I didn't think they were this dumb. https://t.co/trD9ckYvBl

— Peter St Onge, Ph.D. (@profstonge) May 3, 2024

IT’S SATIRE, OR IS IT?

Uighur Slaves Struggling To Keep Up With Demand For Palestinian Headscarves https://t.co/xM7swbtL0i pic.twitter.com/vw09tHKvQV

— The Babylon Bee (@TheBabylonBee) May 7, 2024

ANOTHER NCLA WIN: NCLA Defeats Motion to Dismiss, Wins Expedited Discovery in Suit Alleging State Dept. Censorship.

OPEN THREAD: Be here now.

MY LATEST SUBSTACK ESSAY: Pushback Works: Campus political violence and the moral and practical aspects of resistance.