

9/18/25: Credit Scores Plummet, Kash Patel Humiliated, Candace Says Kirk Shooter Texts Are Fake
13 snips Sep 18, 2025
Credit scores are plummeting as economic woes deepen, raising concerns about housing affordability and student debt. Kash Patel faces embarrassment over his evasive Capitol Hill hearing regarding the Epstein investigation. Additionally, there’s controversy as Candace labels the Kirk shooter texts as fake, sparking debates about trust in institutions and investigative narratives. The blend of financial and political turmoil makes for a compelling discussion.
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Fed Lowers Rates Amid Growth Slowdown
- The Fed cut rates by a quarter point citing slowing job growth and downside employment risks.
- Powell signaled a pivot toward a shallow sequence of cuts amid rising inflation concerns.
The Two-Speed Economy Widening
- The recovery splits into winners: high earners and older asset owners versus struggling low-wage and young workers.
- Wage and job mobility gains are eroding for lower-income groups, producing a two-speed economy.
Housing Affordability Crisis Persists
- Housing has become historically unaffordable due mainly to constrained supply and strong demand.
- Even small Fed cuts won't reverse higher mortgage payments or ease first-time buyer barriers soon.