🇺🇸 California advances 0 down, no payment home 'loans' for undocumented immigrants
The California Senate Appropriations Committee advanced a bill to allow undocumented immigrants to make use of the state’s zero down, no payment home “loan” program, an expansion the legislature says would create “significant cost pressures.”
“The social and economic benefits of homeownership should be available to everyone. As such, the California Dream for All Program should be available to all,” wrote bill author Assemblymember Joaquin Arambula, D-Fresno. “When undocumented individuals are excluded from such programs, they miss out on a crucial method of securing financial security and personal stability for themselves and their families.”
This program allows applicants to secure “loans” of up to 20% of the home’s purchase price — or, about what a typical down payment is — with zero down payment on this state loan, and no payments.
The state’s “loan” can potentially be repaid to the state when the home is refinanced, sold, or transferred, with the borrower paying back the original loan amount plus 20% of any increase in value on the property. It’s not clear what happens if a family decides to hold on to a home as there are no provisions on how long a property can be held for, which means certain kinds of trusts could potentially allow the loan to not be paid back.
This year, 18 thousand individuals applied for the $255 million “loan” program through a lottery, leaving 1,700 lucky winners with up to $150,000 each towards down payment and closing costs.
Humanitarian lawyer and ex-aid worker Andrew MacLeod exposes the involvement of UN security staff in the sex trafficking of young girls, who were kept in cages and abused as sex slaves, with the full knowledge of the UN's leadership.
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Dr. David Martin: "Remdesivir was too unethical to put into Ebola clinical trials in Africa because it had a 53% kill rate."
"But it was chosen in April and May of 2020 to be the drug of choice to treat Covid... despite the fact that the World Health Organisation said it was unethical to use it."
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Serious allegations from former CIA officer Larry Johnson about Senator Lindsey Graham: “There will be news coming out in the next couple of months about how he has profited financially off of money that came out of Ukraine, laundered through Latvia and made it way into his bank account. And now we're talking significant amounts of money. Department of justice is looking at it.”
🇮🇱 ❌ 🇮🇷 🛢 📈 — Deutsche Bank: Oil Prices will go to $125/barrel if the Iran-Israel conflict spills over into the Straight of Hormuz
@CIG_Telegram
Developments in the Iran-Israel war. It is currently 1:11am in Tel Aviv and 1:42am in Tehran.
Main points:
Iran and Israel have started targeting each other’s energy infrastructure.
Iranian missiles continued to target and impact northern and central Israel.
Israel has started targeting Iranian oil infrastructure, including oil refineries and oil depots.
Israeli airstrikes continue to target various parts of Tehran and the surrounding areas.
Iranian air defence seems to finally be doing some damage to Israeli missiles and drones. In turn, Israel has deployed dozens of small quadcopters and loitering munitions to waste Iranian air defence and saturate for larger attacks with cruise missiles.
Drones launched from Iran and factions in Iraq continue to target northern and southern Israel.
Missiles & drones:
2 rockets were launched from the Khan Younis area of southern Gaza by an unknown Palestinian faction. Neither were intercepted, with the IDF claiming they hit an open area with no casualties.
2 rockets were ...
OIL MARKETS REACT SHARPLY TO ESCALATING MIDDLE EAST TENSIONS
📈 WTI CRUDE IS NOW FORECAST TO HIT $94.10 BY YEAR-END, UP OVER $21 IN A WEEK, ACCORDING TO KALSHI MARKETS.
THE JUMP FOLLOWS IRAN’S CANCELLATION OF NUCLEAR TALKS WITH THE U.S., CITING ISRAELI AIRSTRIKES. WITH TENSIONS RISING, MARKETS ARE PRICING IN THE RISK OF REGIONAL ESCALATION AND POTENTIAL DISRUPTION TO OIL FLOWS THROUGH THE STRAIT OF HORMUZ, A KEY ROUTE FOR 20% OF GLOBAL OIL.
ANALYSTS WARN THAT A FULL CLOSURE OF THE STRAIT COULD PUSH PRICES ABOVE $120–$150 PER BARREL. ...