Americans Raiding 401ks to Pay Rent and Mortgage; Elon Musk Takes On Far-Left Media Matters

1 year ago
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Another indication of the direction President Joe Biden and his administration has rendered the US Economy is from data released by Fidelity Investments on Monday revealing more Americans are resorting to raiding their 401ks and retirement accounts to cover daily expenses. According to Fidelity, 2.3% took a hardship withdrawal in the third quarter, up significantly from the 1.8% rate observed in the same quarter of 2022. According to Fidelity, he top two reasons given for the third-quarter hardship withdrawals: avoiding foreclosure/eviction, and medical expenses. Dr. Jerome Corsi breaks down what's happening, the continued failures of Bidenomics and where the U.S. economy is headed if things continue the way they are going.
Also, Elon Musk is fighting back against Soros-Funded Far-Left blog Media Matters, over lying - manipulating advertisement stats - to maliciously drive advertisers away from X (formerly Twitter). The Leftist outlet's tactics to manufacture advertisement adjacencies with fringe tweets were exposed by X leadership. Get the popcorn out as Dr. Corsi examines the situation here.
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