Breaking Points with Krystal and Saagar 8/10/23: Credit Card Debt Tops 1 Trillion, Feinstein Gives Up Power Of Attorney, FBI Raid Kills Utah Man, Fed Search Trump's Twitter, Fox Begs Trump Debate, LA Workers Rebel, Barstool Goes Independent, Ken Klippenstein Pressed On UFO Report
Aug 10, 2023
Ken Klippenstein, a journalist known for his investigative reporting on UFOs and government transparency, joins the conversation to dissect his recent piece on whistleblower David Grusch. The discussion highlights issues surrounding UFO narratives and the influence of aerospace defense contractors on public perception. Klippenstein also reflects on the need for credible sources and diverse viewpoints in reporting these topics. Meanwhile, Krystal and Saagar tackle rising credit card debt, economic struggles in LA, and the legal battles surrounding Trump's Twitter account.
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Credit Card Debt Crisis
- Americans are accumulating record levels of credit card debt, reaching $1 trillion.
- Rising balances and the return of student loan payments create financial challenges.
Debt's Impact on Young Americans
- Young people are increasingly relying on credit cards for essential expenses, impacting their long-term financial freedom.
- High debt burdens hinder entrepreneurship and contribute to mental health issues.
Bidenomics Messaging Problem
- The Biden administration is promoting "Bidenomics" despite low approval ratings for their economic policies.
- They believe their positive economic message isn't resonating with the public.