Please support my independent journalism by ensuring I can send this free newsletter every morning. It’s $5 a month, and you can quit anytime. I walked away from a high-paying job in the MSM to go independent. If you haven’t already done so, please do so.
WASHINGTON D.C. - Articles to impeach President Joe Biden over his decision to withhold aid to Israel for political reasons are in preparation, freshman Rep. Cory Mills (R-FL) announced Thursday.
Biden’s decision to withhold bombs from Israel is concerning due to its political implications. Biden’s base wants him to defund Israel, while many moderate Democrats support Israel’s ability to defend itself against terrorists. Biden appears stuck between competing coalitions during an election year. He currently trails in the polls to Trump and has a historically low approval rating to win reelection as an incumbent.
Democrats accused former President Donald Trump in 2019 of withholding military aid from Ukraine for alleged political reasons. Click here to read more.
CHICAGO, IL - Around one in 37 homes are now worth much less than their remaining mortgage balance, according to new data released Thursday.
Nationally, the share of “seriously underwater” mortgages — meaning homes with an outstanding loan at least 25% more than the market value — rose from 2.6% to 2.7% in the first quarter, per real estate data firm ATTOM.
However, that share still remains well below the pre-pandemic level when one in 15 homes (6.6%) fell into that category.
In a statement, Rob Barber, CEO of ATTOM, said homeowners continue to benefit from elevated equity but noted that the “windfalls are starting to erode bit by bit.” Click here to read more.
CHICAGO, IL - Just 4% of today’s retirees said they are “living the dream,” according to a new survey from asset management company Schroders.
And just as many — 4% — said they are “living the nightmare.”
Most of the respondents fall somewhere in between — 44% said they are comfortable; 34% said they are not great, but not bad; and 15% said they are struggling, according to the rounded results.
“The real picture of retirement is far from the dreams Americans had hoped and worked so hard for,” said Deb Boyden, head of U.S. defined contribution at Schroders.
The survey, conducted in March and April, included 2,000 adults, with almost 500 retirees. The results come as inflation is still higher than usual and rising prices have made it more challenging for retirees to make their money last.
The top concern, cited by 89% of respondents, is inflation lessening the value of their assets. Click here to read more.
LOS ANGELES, CALIF - Heather Miconi has seven weeks to come up with $2,000 to pay for surgery her daughter needs to breathe more easily.
Merritt Island Surgery Center in Merritt Island, Fla., billed Miconi in advance of the adenoid and tonsil surgery. If she can’t pay for the surgery before it is scheduled to take place next month, the procedure will be put off.
Miconi, whose insurance won’t cover the cost because she has a high deductible, works three jobs and doesn’t have savings to cover the cost. She is now appealing to strangers through a GoFundMe campaign for help.
For years, hospitals and surgery centers waited to perform procedures before sending bills to patients. That often left them chasing after patients for payment, repeatedly sending invoices and enlisting debt collectors. Click here to read more.
CHICAGO, IL - Debra Solomon could think of no other gift that would delight her mother more than to reunite her with her favorite kindergarten pupil, decades later.
Retired from 27 years of teaching, Karen Solomon was set to celebrate her 80th birthday in April—and her daughter had a great idea, although it was a long shot for success.
“I could think of only one present for my mom, a reunion with her favorite kindergarten student from the 1980s, when she taught at Laning Ave School in Verona, New Jersey.”
She Googled Seyi Fayanju and was able to reach out to him though his faculty page at Stanford University where he now works as a doctor. Luckily, the reunion was set to take place in Kenosha, Wisconsin, and Seyi has some close friends and family in nearby Chicago, so, despite his busy schedule as a doctor in Palo Alto, California, he was hopeful he might be able to make it. Click here to read more.
https://substack-post-media.s3.amazonaws.com/public/images/d2ea9316-1358-4bd7-97b5-7a04f92a0b2a_1100x100.png (1100×100)","title":null,"type":null,"href":null,"belowTheFold":false,"topImage":false,"internalRedirect":null,"isProcessing":false,"align":null,"offset":false}" class="sizing-normal" alt="
