Sunday May 25th

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Good morning and happy Memorial Day weekend from all of us at RedState Finance—where we honor fallen heroes, grill with pride, and question everything coming out of D.C.

Let’s start with something serious: President Biden’s health. It’s desperately sad to hear about his cancer diagnosis, and while we may not agree with him politically, we genuinely wish him strength, healing, and good health. No snark here—just a moment to recognize that illness doesn’t care about party lines, and real leadership starts with humanity.

Now, onto Memorial Day—a time to remember those who gave everything so the rest of us can live free, argue politics, and yes, enjoy a brisket sandwich in peace. Speaking of brisket, there’s actual good news: gas prices just hit a 4-year low, and America’s most patriotic gas station, Buc-ee’s, is expanding into new states this summer. That’s what we call a win for the road-tripping class.

But let’s not sugarcoat it—this wasn’t a great week for what’s going in your shopping cart. New studies dropped a double whammy: one linking a common food ingredient to dementia, and another connecting everyday processed foods to the growing epidemic of autism.

Meanwhile, in “you’ve got to be kidding me” news, Chuck Schumer somehow blamed both Trump and DOGE for a deadly Mexican Navy crash in NYC. We’re not sure what’s in the water up there, but if Doge can crash helicopters, we’re thinking it’s time for an IQ test in the Senate.

And yes, Trump made headlines again—not for rallies, but for reminding Walmart that if they try blaming tariffs for price hikes, he’s watching. Given their record-breaking profits, we’re guessing they can survive without jacking up the price of your socks and lawn chairs.

One more relic bites the dust: the U.S. Treasury is officially ending penny production after over two centuries. Pour one out for Abe Lincoln—just don’t expect to get exact change at the store ever again.

Finally, last week’s poll asked if President Trump should accept a $400 million private jet from Saudi Arabia—and over 60% of you said no. Whether it’s about avoiding bad optics, foreign entanglements, or just sticking to America First principles, one thing’s clear: our readers know where the line is—and you’re not afraid to draw it.

Buckle up, folks. The economy’s weird but the American spirit is still alive, and we’re still standing tall. Let’s get into it.

Poll Time: Do you believe Biden’s declining health was intentionally hidden by the Left to protect their grip on power—and that Congress should investigate immediately?

Todays Mood:

The Rundown This Week:

Trump’s Tax Cuts Are Back—And This Time, There’s a Baby Bonus

The House just passed Trump’s signature tax bill—loaded with trillions in cuts for working Americans and a $1,000 savings kickstart for every newborn.

Passed 215–214, it’s a major win for Trump and Speaker Mike Johnson, who got it across the finish line despite a couple GOP holdouts. For families, business owners, and anyone tired of footing the bill for Washington waste—relief may finally be on the way.

Bitcoin Breaks $110K… Meanwhile, the Dollar Breaks Down

Bitcoin just punched through the $110,000 mark for the first time ever, hitting a new record high of $111,886 early Thursday before settling around $110,726.

What’s fueling the rally? Let’s just say confidence in the U.S. dollar isn’t exactly booming. With ballooning national debt and rising Treasury yields, investors are fleeing fiat like it’s 2020 all over again—and crypto’s looking like the safer bet. Go figure.

Red State Refuge: Americans Ditch Woke Cities for Southern Sanity

Turns out sunshine, low taxes, and common sense still sell. Americans are fleeing woke coastal enclaves faster than a U-Haul can hit the gas—and heading straight to freedom-loving Southern gems like Myrtle Beach and Wilmington.

A new report from PODS shows the South is once again the nation’s relocation champ, with families trading lockdowns and $12 lattes for front porches and actual safety. Call it the great American rebalancing—or just people getting tired of the nonsense.

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Home Prices Just Blinked—Is the Bubble Finally Bursting?

For the first time since 2022, U.S. home prices actually fell—and no, that’s not a typo. April saw a 0.1% dip, snapping a years-long streak of “up only” housing insanity.

Redfin says buyer hesitation and too many unsold listings are cooling the market. Translation? Even with high rates, sky-high prices, and shaky consumer confidence… gravity might finally be kicking in.

Climate Chaos = Foreclosures? Homeowners Left Holding the Bag

In case inflation and sky-high rates weren’t enough, now your house might be repo’d thanks to Mother Nature. A new report says hurricanes, wildfires, and floods are quietly fueling a wave of foreclosures in states like Florida, Louisiana, and—shocker—California.

First Street predicts $1.2 billion in climate-related credit losses next year, with 19,000 homes on track to get snatched back by lenders. The kicker? Many of these families did everything right—but insurance hikes, declining home values, and storm damage are leaving them powerless. But hey, at least we’re sending billions to Ukraine, right?

What Else You Might’ve Missed:

Texas Man Sues Whataburger for Over $1 Million… Over Rogue Onions

Everything’s bigger in Texas—including lawsuits over burger toppings.

Demery Ardell Wilson is suing Whataburger for almost $1 million after allegedly getting onions on a burger he specifically asked to be onion-free. According to the lawsuit, the mix-up triggered an allergic reaction and landed him in need of medical care.

Filed April 25, the suit accuses the chain of failing to meet the “standard of care.” Translation: Whataburger may have forgotten the “customer is always right” part—especially when onions are a health hazard, not a topping choice.

California Priorities: LA Gives $150 Travel Cards… So Residents Can Go to Disneyland

Because when you're broke in LA, what you really need is a taxpayer-funded trip to Disneyland.

The Democrat-run city handed out $150-a-month prepaid travel stipends to low-income residents—good for Metro rides, scooters, Ubers... and yes, even Amtrak jaunts to the Magic Kingdom. It's all part of LA’s Mobility Wallet Pilot Program, which wrapped in April after giving 1,000 residents a government debit card and a reminder that fiscal responsibility is just a fairytale.

Capital One Buys Discover—Hope You Weren’t Planning to Swipe That Abroad

Capital One just sealed a $35.3 billion deal to acquire Discover, making it the largest credit card issuer in America—and possibly the least fun to use overseas.

With full control of Discover’s payment network (aka the one half the world doesn’t accept), experts warn this mega-merger could make foreign travel trickier for cardholders. But hey, at least it passed DOJ review—so rest easy knowing the same folks who ignore actual monopolies are on the case.

Trump Picks a Golden Dome—Because Iron Domes Are for Amateurs

President Trump just greenlit the design for his $175 billion Golden Dome missile shield, tapping a Space Force general to lead the charge.

The goal? A sky-high defense network to block threats from China and Russia using hundreds of satellites. Translation: Reagan had Star Wars. Trump’s building Fort MAGA in orbit.

Jamie Dimon: Bitcoin’s Bad… But You Can Still Buy It

JPMorgan CEO Jamie Dimon spent his investor day reminding everyone he still hates Bitcoin—but he’s happy to let you own it (as long as he profits off it).

Dimon slammed crypto again, linking it to everything from terrorism to trafficking, then immediately added: “We’ll put it on your statement though. Knock yourself out.” Translation: Freedom for thee, disdain from me—but thanks for the trading fees.

Tesla CFO Gets $139 Million—Must’ve Found Some Spare Change in the Frunk

Tesla’s CFO Vaibhav Taneja just pulled in a jaw-dropping $139 million compensation package—more than most actual CEOs.

The haul, mostly in stock options and equity awards, officially puts him in “I’ll just buy my own EV company” territory. Meanwhile, average Americans are sweating over gas prices and grocery bills. But hey, at least Wall Street’s still winning.

3 Events That Could Impact Your Wallet Next Week: 🗓️

Closing Thoughts:

Why Bitcoin, Gold, and Land Are the New American Hedge

Let’s get real for a minute—because I know you feel it too. This country is hurting right now.

Prices are up, trust is down, and the so-called experts keep telling you “everything’s fine” while your grocery bill says otherwise. Wages haven’t kept up. Retirement feels like a fantasy. And if you’re trying to buy a home, raise kids, or save for the future—you’re probably wondering: Is this still the America I grew up believing in?

You're not alone.

More and more Americans—normal, hard-working, freedom-loving people—are waking up to the reality that the system isn’t built for them anymore. And that’s why people are starting to look for what I call real assets—things that don’t vanish with a tweet from the Fed Chair.

I’m talking about Bitcoin. Gold. Land.

Not because they’re trendy. But because they’re real. Tangible. Not controlled by some unelected bureaucrat in D.C. or manipulated by Wall Street hedge funds.

• Bitcoin is trustless for a reason—because most of us don’t trust the government anymore.

• Gold doesn’t inflate when politicians print trillions and tell you it’s "transitory."

• Land isn’t making more of itself. And unlike fiat money, it can’t be conjured into thin air.

This shift is more than financial. It’s emotional. It’s patriotic. It’s people saying, “I want control again. I want something no one can take from me.”

The truth is, the American Dream has taken a beating—but it’s not dead. Not even close. We’ve been through worse before. Our grandparents lived through world wars and real depressions. And they didn’t fold. Neither will we.

America’s hurting—but this country is resilient. Our people are strong. And the American Dream, though bruised, is still alive—and it will be restored. Not by government. Not by big tech. But by people like you—who refuse to give up, who invest in truth, and who fight like hell for what’s right.

We’ve been knocked down before. We always get back up.