You’d Think We’d Be Hitting A Ceiling
A report from KTVN in Nevada. “Yes the expensive Reno-Sparks housing train is still rolling, with the latest median house price racking up another near-high. At Keller Williams Group One Realty, real estate agent Guy Johnson reads off the latest high number: ‘October’s median sales price jumped up to $350,000.’”
“So are home prices going to keep increasing? You’d think we’d be hitting a ceiling, but he says…not yet. Healthy job numbers and rising home buying demand look positive. Reno’s housing market is still hot. As he put it, ‘Sales are robust, even with these prices, and prices are up almost 13% over last year. So it doesn’t seem to be deterring sales at all.’ His prediction of what the Reno-Sparks median home price will be one year from today? Up another $30,000 to $380,000. ‘Again, it’s the lack of inventory. We have the buyer demand and lack of inventory, and that’s pushing the prices up.’”
“That’s over the all-time high set in 2005, making 2018 an even more challenging year for home buyers. Yes, a house is still a great investment…if you can afford one.”
From New Channel 13 in Colorado. “With an influx of people and not enough houses to go around, home prices are at a high, making a competitive market for buyers. Dali Moncada and Ian Devillaz are under contract on a house in Colorado Springs, but it wasn’t without months of house hunting. ‘It was like a conveyor belt of people looking at one property. You felt so pressured to buy regardless of if it was what fit your needs,’ Moncada said. Devillaz did not see the house the couple is under contract on now before they put an offer down. ‘Just the way the market was I said, ‘Babe, if you like it I trust you so let’s put an offer on it,’ Devillaz said.”
“Home Smart Realty Group Realtor, Michael Dillon, has had to navigate the housing market with his clients. ‘We saw 20 people at the open house we’re probably going to need to offer above asking price and then in certain cases significantly above asking price,’ Dillon said.”
The Mercury News in California. “An emerging group of local entrepreneurs is taking up arms against the sky-high cost of living in the Bay Area, hoping to end once and for all the housing crisis crippling the region. These founders, intent on disrupting the housing market and bringing down costs, are stepping in as government officials and nonprofits struggle with the enormity of the problem. Landed splits the down payment on a home with its teacher clients — the teacher typically pays 10 percent of the home’s value, and Landed puts in another 10 percent. That money comes from investors — private institutions, like foundations, which receive equity in the house in exchange for their contribution.”
“When the teacher later sells the house, Landed’s investors get back the 10 percent they put in, plus 25 percent of any appreciation in the home’s value. So far the company, which received $5 million from the Chan Zuckerberg Initiative over the summer, has completed 16 home purchases in the Bay Area. Starting in mid-November, HomeSlice will help groups of potential homeowners navigate the hurdles and complications of collectively buying a home. HomeSlice’s website helps home buyers agree on details such as how the property will be maintained, how shares will be divided, and how decisions will be made, and then turns that information into a co-ownership agreement that can be made legally binding.”
“The company also helps connect clients with real estate agents and lenders, and plans to eventually roll out an online marketplace where users can buy and sell slices of homes. ‘I think the notion of homeownership is going to change over the next couple years,’ co-founder Anna Roumiantseva said. ‘People are just fundamentally rethinking how they’re using assets, how they’re buying assets — getting more comfortable sharing.’”
From Mortgage News Daily. “Lawrence Yun, chief economist of the National Association of Realtors (NAR), said that the many positives for housing that should pave the way for an increase in existing home sales are being handcuffed by continued supply shortages and passage of a tax bill that could disincentivize homeownership. ‘Despite considerable demand all year, pending sales have lost a step in recent months because low supply is pushing prices higher and making homebuying less affordable in several parts of the country,’ Yun said.”
“Yun is estimating the current year will finish with existing home sales at a pace of 5.47 million units. While this would make 2017 the best year since 2006 when sales hit 6.47 million, it will achieve only a modest 0.4 percent increase from 2016. Yun said he expects another 3.7 percent increase in sales next year, to 5.67 million units. He also forecasts price hikes of around 5.5 percent both this year and next.”
“The biggest impediment to sales, Yun said, is the massive shortage of supply in relation to overall demand. The slow pace of new home construction is creating a further logjam, delaying housing turnover. Because of the lack of new homes, homeowners are staying put longer, typically 10 years, keeping inventory low and hurting affordability. ‘The lack of inventory has pushed up home prices by 48 percent from the low point in 2011, while wage growth over the same period has been only 15 percent,’ said Yun. The inability of renters who want to become homeowners but cannot do so means they are missing out on the significant wealth gains that have come to homeowners through appreciation.”
“Yun was joined on stage at the Expo by Ken Rosen, chairman of Rosen Consulting Group and UC Berkeley’s Fisher Center for Real Estate and Urban Economics. Both men cautioned that the legislative overhaul proposed last week by the Republican-controlled House of Representatives could very well affect home sales and prices next year and into the future. They called the tax bill as proposed ‘a direct tax hike on homeowners’ and said it nullifies the homeownership incentive for all but the top 5 percent of tax filers. It could, according to an NAR analysis, negatively affect home values by about 10 percent and raise taxes on middle-class homeowners by an average of $815.”
“Rosen said, ‘Ownership rates are currently below their peak across the younger age groups and in cities that have seen sharp price increases, and it’s not a good thing. A higher rate of homeownership makes sense. It is so important to the financial health of the economy. Homeownership helps households accumulate wealth over time, reduces inequality, increases investments in communities and boosts economic growth.’ He added, ‘A willingness to embrace new ideas will go a long way towards easing the constraints of low supply, student debt and weaker affordability that are currently suppressing homeownership.’”
From Deadline Hollywood. “Johnny Depp seemed quite tired and emotional last week at the London premiere for the new Murder On The Orient Express but today the Oscar nominee may be feeling the wolf is at the door, at least legally and residentially. Nearly a year after Depp and his former business managers start throwing accusations and betrayals at each other in court over millions in the seemingly spendthrift actor’s troubled finances, The Management Group on Monday filed an ‘action for judicial foreclosure’ against the Pirates of the Caribbean star.”
“Aiming for the heart of what started the lawsuits flying back in January when the actor went after TMG in a $25 million fraud suit, the move Monday is to force a sale of five Los Angeles properties owned by Depp run trusts. Those sales are part of a larger play to repay a $5 million loan TMG made to the strapped actor in December 2012.”
“‘Although Depp is refusing to pay his debts, he does not and cannot dispute that he received the full benefits of the TMG/Depp Note by avoiding a public calamity in 2012,’ the duo from of Tinseltown heavyweights Kinsella Weitzman Iser Kump & Aldisert LLP state. ‘Nor can he dispute that TMG gained nothing from the transactions and instead, became indebted to CNB for $5 million.’”
‘Sales are robust, even with these prices, and prices are up almost 13% over last year. So it doesn’t seem to be deterring sales at all’
If you’ve ever plotted a supply and demand curve, you’d know higher prices should lower demand. This isn’t supply and demand at work.
A comment to the MND article:
‘The “affordable” housing market complainers are the same people who complain about too much development and demonize developers. It’s as if the rules of supply and demand are irrelevant to these people.’
I remember saying years ago homebuilders should be embraced as one of the keys to affordable housing. We should make their tasks simpler and less costly.
“. . . one of the keys . . .”
Username checks out!
‘It could, according to an NAR analysis, negatively affect home values by about 10 percent’
What would happen if prices fell 10%? It’d be a freaking disaster foreclosure wise. And prices are down double that or more in NYC and Miami Beach right now.
“And prices are down double that or more in NYC and Miami Beach right now.”
Has this been reported yet in the MSM?
Yes.
We should make their tasks simpler and less costly ??
Spot on….At least around here….
“…..a supply and demand curve, you’d know higher prices should lower demand…..”
The other scenario is that higher prices lead to more supply being created which then meets the demand.
The problem with housing demand is a higher price doesn’t stop demand…..people still need a place to shelter.
‘people still need a place to shelter’
Yes, currently millions of bay aryans are living in cardboard boxes. How many years does this low supply myth go on before it is rejected? I find more references to glut, oversupply, vacant shacks and air boxes every day. If London, Sydney, Manhattan can be over built, why would any area have a “shortage”?
Again, what is the mechanism for a tax change to drive prices down 10%? Sounds more like speculation, hot air and easy lending to me.
And the greatest irony is the fact there are 25 million excess, empty and defaulted housing units out there.
‘Dali Moncada and Ian Devillaz are under contract on a house in Colorado Springs, but it wasn’t without months of house hunting. ‘It was like a conveyor belt of people looking at one property. You felt so pressured to buy regardless of if it was what fit your needs,’ Moncada said. Devillaz did not see the house the couple is under contract on now before they put an offer down.’
Dali and Ian are currently living in their van, right? The article doesn’t say, but I’d bet they have “shelter”.
The biggest turnoff when I am buying anything is urgency. If a salesperson pressures me, or if there are a bunch of idiots trying to outbid me, I’m out. I like to take my time, especially on the expensive stuff.
Why would any area have a shortage? Because all the glut, oversupply, vacant shacks and airboxes are too expensive to afford! Why is this so difficult to grasp?? And I still don’t buy the concept that LLs will drop their prices just to get someone into the unit. Why would they? Some of these luxury buildings have been half-vacant for over a year now. If the purchase housing bubble is any indication, these LLs will keep up the charade for another 2-3 years, and after that they’ll just default on the loans and get bailed out; or at worst sell the building to some other “dry-cleaner” with deep pockets, who then has another 3-5 years to hope for luxe tenants, or a bailout, or a government program or rent control. All the while, poor people pooping out Hep A onto the sidewalk. The LLs don’t care. They will do anything other than drop their prices.
Of course, this will cue Ben to post dozens of articles describing concessions and rent drops. But I’m not sure these are meaningful drops. Concessions only apply to the first year, creating a generation of apartment-hoppers. And the rents are not dropping nearly to make a real difference to a renter. If a renter can only afford $1200/month, what good does it to lower a luxe unit from $1800 to $1600?
‘I still don’t buy the concept that LLs will drop their prices just to get someone into the unit’
It’s happening all over the world.
“‘I still don’t buy the concept that LLs will drop their prices just to get someone into the unit’
It’s happening all over the world.”
I know, right? And it’s not a “concept,” it’s something that has always happened in the past, and will continue to in the future. In 2001 there was a recession, and you could pretty much name your price in downtown Seattle. People don’t even remember this.
If prices are dropping, then why aren’t the Grade B residents filling the luxury units, so that the homeless can fill the Grade B units? Prices are just not dropping enough, not yet.
And don’t forget those folks living with Mom. They are going to come out of the basement and fill units before the homeless or poor do.
Some of the “B” residents are slowly moving up to more reasonable “A” units, but remember, housing is sticky. People don’t move frivolously. Their lease has to come up, they have to feel good about their job, the new place has to be well located……it takes years…..just like all bubbles and busts.
The problem with housing demand is a higher price doesn’t stop demand…..people still need a place to shelter.
I’ve said it before and I’m going to say it again, self-driving is one key to lower housing costs. Let me break it down this way:
1) People need a place to live
2) They need a job/income to afford the place they live
3) Good jobs are increasingly clustered in urban city centers
4) Housing is ridiculously expensive in said city centers
5) You can a) pay through the nose to live close to work b) live in your car (or a cardboard box) or c) sacrifice a good chunk of your life’s time going to and from “extreme commuter”, mostly to pay for your overpriced house.
That’s the way I see it. Self-driving cars “could” dissolve this lose-lose scenario this by opening up new developments that are lower priced
1) Land farther away from urban centers is easier to develop (fewer regs), is cheaper to purchase, and is much more abundant
2) Self-driving cars makes a commute more bearable by allowing transportation to and fro be less burdensome.
Since this is my operating hypothesis, this was a cool announcement today:
Google’s Waymo Is Launching a Driverless Ride-Hailing Service
http://fortune.com/2017/11/07/google-waymo-phoenix-self-driving-car/
It’s about to get real.
I was looking at a used car this week that I decided not to buy. It was 10k but it needed tires. Of the various reasons I decided not to buy it, these are the financial ones:
- 10k plus say $600 for tires, 10,600, not a great deal but I could live with it.
- SC Infrastructure Management Fee (IMF) $500.
- Estimated SC Property Tax $200. (Annual)
- Title and Reg. fees $50
So now the vehicle is around $11,350 just to get it on the road. Those extra state fees just rubbed me the wrong way and pushed the acquisition price into the “screw it” range, considering I didn’t need a different vehicle but rather just wanted one.
What’s my point? The state isn’t giving up that revenue. Nobody gives up revenue. Landlords, developers, governments - nobody. You just end up spending the same percentage or more of income for housing and transportation for less space, a longer commute, or less convenience.
You’ve just highlighted one of the biggest problems of late - local governments robbing the taxpayers blind. It’s happening everywhere, and they’re not taxes anymore but “fees.”
The problem around here isn’t bad driving, it’s just TOO MANY CARS (mine included). We’re at a point where traffic accumulates at an intersection faster than any light can get them through, no matter how it’s programmed. Side streets are filling up. In the past five years, the number of weekend Beltway accidents has caught up to the number of weekday accidents. The lanes are stuffed from stoplight to stoplight. The subway cars are stuffed. The buses are stuffed. Adding lanes isn’t going to work because the congestion is at the interchanges and ramps anyway. Adding Lexus lanes may work for a while but those will fill up too.
How are self-driving cars going to solve this?
I don’t think self-driving will solve the problem of too many cars. Everything I’ve read indicates that self-driving will cause people to drive a lot more.
Having said that, most cars are idle about 95%+ of the day, so if a company could come up with a true sharing network and figure out insurance and trust (easier if full autonomy is achieved), it is feasible that the total number of cars could dramatically go down and those that are on the road would be much more utilized. Instead of cars sitting in the parking lot at work, they are off ferrying people to and fro, earning you money, or something like that. That is the future vision of the Tesla network, in any case.
Instead of cars sitting in the parking lot at work
To me that’s the biggest bonus. No need for so much parking and no need for me to waste time and energy and stress on figuring out where to put a car when there’s no space available.
I look forward to riding around in a self-driving car by the time I’m a senior citizen. Heck, it will prob even be electric!
“…….again, self-driving is one key to lower housing costs.”
….you need to add “theoretical” and “future” to your scenario. I like your thinking, but we are years away from practical application.
I don’t know if there’s a supply problem or not, but, I thought these two quotes from a WSJ article were sort of strange:
“One early warning sign came last week, when American Homes 4 Rent which owns more than 50,000 single-family properties across 22 states, reported disappointing revenue growth for the third quarter.”
“A spokeswoman for American Homes 4 Rent said: “We believe our country’s cumulative undersupply of housing stock, along with shifting preferences towards rentership provides a favorable landscape for single-family rentals into the future.”
Well, buying up 50,000 homes is one way to ensure an undersupply of housing stock shifting people’s preferences towards renting.
The housing stock owned by AH4R is insignificant. RW showed us a year ago it’s not even equivalent to a 4th decimal rounding error.
It is interesting they believe we have too little supply…..AND that their earnings are sub par……sum ting wong….
Reno is a transient town with low wages and unskilled workers. The only word I would use to describe the $350,000 median is ludicrous.
There are lots of people living in the Sierra foothills who are retiring and starting to move to Reno. If you make $100.000, you save $6,500 in state taxes. That’s $500/month. That’s almost half the interest on a $300,090 loan at 4%>
Evergreen San Jose, CA Housing Prices Crater 9% YOY
https://www.zillow.com/evergreen-san-jose-ca/home-values/
*Select price from dropdown menu under first chart
‘Again, it’s the lack of inventory.’
Oh, yeah? Unleash the Kraken. Purge the shadow inventory. Remove the sticky fingers of the servicers.
Just what is the mechanism for these tax changes to reduce prices 10%? Lower demand? How come we always address “affordability” with easier lending?
Because it works?
The term “affordable” used to be associated with a term that rhymes with the word “price” but now the term is associated with something else.
Easier lending serves to goose demand. My recollection, from studying and teaching economics, is that shifting the demand curve to the right normally results in higher (less affordable) prices.
“Purge the shadow inventory.”
One thing I find shocking is that the banks are holding onto so many houses even though prices have accelerated through the last peak. Man, I would be unloading those things as fast as I could right now.
I’m not too worried.
In the next round of bank foreclosures there will be many banks to choose from.
da bear
“The company also helps connect clients with real estate agents and lenders, and plans to eventually roll out an online marketplace where users can buy and sell slices of homes.”
This is really an interesting concept. I’ve often wondered why we haven’t had much innovation in housing despite having innovation in about every other area of our lives. Like, why isn’t there a middle ground between owning and renting? We need a hybrid, if you will.
I once brainstormed with some coworkers of mine about starting a company like that. The idea would be that you could fully amortize a property and figure out monthly payments plus some premium to compensate for vacancies, fees, legal, management, etc. Then, the renter who lived in the property would accrue a percentage of ownership in the unit depending on how long they lived there. If they continued to stay in the unit, their rent would effectively decrease (because they would be rebated their fraction of ownership). If they moved and someone else rented, they would receive a fraction of the rental cash flow. The fractional ownership would remain even if the owner lived there for a short time.
‘We need a hybrid’
It’s called a time share. Condos are another. You don’t own any real estate, just a box of air and an HOA to feed.
Yeah, but timeshares are kind of terrible. I’m talking about some innovation that would actually be beneficial. 90% of the people I know who get suckered into buying a timeshare view it as a terrible investment and a drain on their financial resources.
So is doubling your housing cost by buying a house right now. A timeshare and housing at current prices is a distinction without a difference.
“90% of the people I know who get suckered into buying a timeshare view it as a terrible investment and a drain on their financial resources.”
A nation of dummies.
😁
What I’ve been hearing a lot on radio lately:
- Flipper seminars
- Companies that are supposed to help you get out of your timeshare legally.
if they were making money they’d never tell anyone how
This is really an interesting concept ??
Nothing new here…This has been ongoing for 20+ years around here…Its called “equity sharing”…I actually know a investor that has been doing this for that long…He once told me that he had done well over 400 of them…It can work out okay for both parties…With that said, is it just another way to shoehorn people into homeownership with maybe half the benefits…I think so…
I realize that this has been available in some form or another, but it’s pretty niche I think. Some wealthier people do fractional ownership interests in vacation housing, boats, etc. But what I had in mind was something that would scale very well and be exceedingly easy to participate in and mainstream. You’d need some clean web interface to handle all the back-end legalese to make it super simple. It would not be limited to 2 parties, but to any number of parties who effectively lived in the unit. You’d have to set up some baseline authority entity to enforce a standard set of regs since ownership would be distributed fractionally.
You’d have to set up some baseline authority entity to enforce a standard set of regs since ownership would be distributed fractionally ??
LLC…Particularly in California…
Here’s a radical idea: let’s stop financializing everything, and stop treating homes as primarily an investment.
Maybe the “everything should be a one time transaction” approach (e.g. Uber vs car ownership, AirBnB, Tinder, etc) doesn’t work well for most people most of the time. I’m old enough to remember the dot-bomb days talk of “virtual companies” where teams would be assembled, over the almighty internet, for a project and then disbanded. Thank God I haven’t heard that hype for a long time…
“Here’s a radical idea: let’s stop financializing everything, and stop treating homes as primarily an investment.”
Can’t do it. I read somewhere that housing was the only thing holding this whole sh^t show together.
I agree with you, though.
“Here’s a radical idea: let’s stop financializing everything, and stop treating homes as primarily an investment.”
This is it in a nutshell. Bankers have essentially made everything a commodity to be profited from.
“Bankers have essentially made everything…
Bankers don’t make mindless debt donkeys, they just dress them out.
Ooops! It’s the old “I knew that!” But, the scaling, the scaling!
Put it on the blockchain!
“’m old enough to remember the dot-bomb days talk of “virtual companies” where teams would be assembled, over the almighty internet, for a project and then disbanded. Thank God I haven’t heard that hype for a long time…”
I’ve worked this way for over a decade. I rarely if ever see co-workers face to face. I love it. I have a Silicon Valley income and a Flyover Country cost of living. Both of best worlds. And it’s a growing trend. I have many friends locally who also work for a behemoth in either NorCal or NY.
I have a Silicon Valley income and a Flyover Country cost of living.
That’s what I want…but it’s hard to get in my industry. Folsom seems to be my best compromise available. Colorado can be good but it’s scary if you lose your job there and right now the housing bubble REALLY needs to pop there.
No, it sounds like you’re telecommuting or working remotely.
The “virtual company” hype was about basically hiring a whole team of contractors with “just” the right skills for a project - and ONLY for that project (hmm….sounds like a forerunner of the current “gig economy” hype).
Lone Tree, CO Housing Prices Crater 11% YOY
https://www.movoto.com/lone-tree-co/market-trends/
TO THE MOON ALICE…..
“The median price of a single-family home in Seattle grew 17.6 percent from a year prior, the biggest increase in 19 months, according to monthly home sales data, released Monday.
The typical Seattle house sold for $735,000, or $110,000 more than at this point last year. Prices have nearly doubled from when the market bottomed out six years ago, and are up 55 percent from the previous bubble peak a decade ago.”
No mention of how much incomes are up in the same period? Notice the media never lays some data like this Seattle stuff on Yellen? At least in 2005 she was asked straight up if the bay area was a bubble. (She said no, of course).
‘up 55 percent from the previous bubble peak a decade ago’
You guys are fooked.
Remember….. I can ask $50k for my 10 year old Toyota Corolla but where is the buyer at that price?
So it is with all depreciating assets like houses.
“Remember….. I can ask $50k for my 10 year old Toyota Corolla but where is the buyer at that price?”
In Seattle you’d get $55K offered on the first day.
Seattle, WA 98177 Housing Prices Crater 9% YOY
https://www.zillow.com/seattle-wa-98177/home-values/
Introducing a used 1996 Honda Accord. A car for people who have life figured out and just need a way to get somewhere. Luxury is a state of mind.
https://www.youtube.com/watch?v=4KlNeiY4Rf4
https://target.scene7.com/is/image/Target/12992238?wid=520&hei=520&fmt=pjpeg
Not fooked yet, and those who want to leave the area couldn’t ask for a better time to sell and beat feet out of Dodge City (hint hint).
And those of us who are staying due to our jobs can woo-hoo about how rich we are on paper (”woo-hoo”). I could actually quadruple my money if I sold my house right now, compared to what I paid for it in 1998. But that is not going to happen so it’s a moot point.
When Amazon opens HQ2 somewhere else, that is when we are really going to be fooked IMO . . .
F.O.O.K.E.D.
Well, this is startling:
http://www.zerohedge.com/news/2017-11-07/he-loves-things-splendid-and-magnificent-beloved-trump-set-heros-welcome-chinese-sup
Trump is apparently held in high regard by a sizable portion of the Chinese social media crowd. Now they tell us. A hero’s welcome!
Outside of a few leftist pockets in America, Trump is highly regarded by a sizable portion of Americans as well. Not that you’ll ever see one on CNN.
When he wins again in 2020, all the leftists will once again wonder, how could he have won, NOBODY I know voted for him, everyone hates him, NYT and CNN keep saying so.
This is why they keep up with this Russian nonsense. It is incomprehensible to them that he could have won honestly. After all 100% of their friends hate him, therefore 100% of the electorate hates him as well, therefore he must have cheated.
Yeah, a third of the population is a sizable potion.
CNN poll: Trump approval hits new low
President Trump’s approval rating is at its lowest point yet following indictments against some of his former campaign associates, according to a CNN poll released Monday.
Thirty-six percent approve of the way Trump is handling his job, down 1 point from his previous low. Meanwhile, 58 percent disapprove of his performance. The new numbers come nearly a year after his 2016 election victory.
http://thehill.com/homenews/administration/359007-cnn-poll-trumps-approval-hits-new-low
A CNN Poll???
Like the one that predicted a Hillary landslide??
BAHAHAHAHAHAHAHAHAHA!
Which poll predicted a Hillary landslide?
Perhaps you’d like this one better:
Fox News poll: Trump’s approval rating drops to 38 percent
http://video.foxnews.com/v/5625136124001/?#sp=show-clips
“Perhaps you’d like this one better:”
Fox News Poll: Clinton leads Trump by 7 points
By Dana Blanton Published October 14, 2016
Hillary Clinton’s lead over Donald Trump has increased to seven points, as more than half of voters say he is not qualified to be president.
That’s according to a just-released national Fox News Poll of likely voters.
Clinton receives 45 percent to Trump’s 38 percent. Libertarian Gary Johnson is at 7 percent and Green Party candidate Jill Stein gets 3 percent. Last week, Clinton was up by two points in the four-way contest (44-42 percent).
http://www.foxnews.com/politics/2016/10/14/fox-news-poll-clinton-leads-trump-by-7-points.html
Clue in Mikey and read Donna Brazile’s new book. She lays everything out. The Clinton campaign thought that the election was in the bag, which is why they poo-poo’d it when the SEIU locals in states she was expected to win warned the Democratic Party that there was very little enthusiasm for Clinton.
This directly from NPR this AM.
warned the Democratic Party that there was very little enthusiasm for Clinton ??
65 million votes…I hardly call that “little enthusiasm”
2016 election predictions compilation, 30 minutes of LOLZ:
https://m.youtube.com/watch?v=1z6VfcvMVig
65 million votes…I hardly call that “little enthusiasm”
True. But still very weak compared to Obama. Why?
Clue in Mikey and read Donna Brazile’s new book. She lays everything out. The Clinton campaign thought that the election was in the bag, which is why they poo-poo’d it when the SEIU locals in states she was expected to win warned the Democratic Party that there was very little enthusiasm for Clinton.
This was know long before Donna Brazile’s book. Regardless of enthusiasm, Hillary got more votes than Trump.
Waaa waaa mikey - you still can’t handle losing the election.
Now you know how half the country felt for eight long years while Obama was in office.
Get over it. Our founders set up the electoral college for a very good reason. We live in a representative republic, not a direct democracy. You should have learned this in high school government class.
Don’t worry. I handle it quite well.
Our founders set up the electoral college for a very good reason. We live in a representative republic, not a direct democracy. You should have learned this in high school government class.
I don’t think that there was a good reason for the electoral college. If it’s such a good idea, why don’t any states elect their governors in the same way? The whole dopey republic, not democracy argument is just advanced by right wingers as an empty excuse for government policy reflecting the wishes of business and the wealthy in instead of the population.
The whole dopey republic, not democracy argument is just advanced by right wingers as an empty excuse for government policy reflecting the wishes of business and the wealthy in instead of the population.
Not true. IMO the electoral college is a critical ingredient to keeping a republic together. Without it, why would any smaller members want to remain a part of the larger group?
Tyranny of the majority beats tyranny of an individual or minority but only by a little bit. A system that protects minorities the best it can really is a superior system.
It’s something I noticed on the internet when this republic argument is put forward. It usually an excuse given for why the population can’t have what it wants and why the rich get what they want instead. As I stated, no city, county or state has an electoral college. The effect of the electoral college is that the votes of people in states with few people are worth more than the votes of people in states with high populations. There’s no valid argument for that arrangement.
The winner-take-all state system for presidential races doesn’t serve us well. It makes it so many presidential candidates never even touch base in states that are deemed out of play. If I could change the rules I would 1) scrap the electoral college and make it decision by popular vote for presidency and 2) make it so that presidential primaries are held on the same day for ALL states.
As I stated, no city, county or state has an electoral college.
None of them are trying to hold together a republic that has members that are theoretically free to leave.
The effect of the electoral college is that the votes of people in states with few people are worth more than the votes of people in states with high populations.
True.
There’s no valid argument for that arrangement.
Not true. I gave you one in my previous response. Why would any smaller group that can survive on their own want to join a pure democracy and give up all right to self determination? Answer: They wouldn’t. It was a necessary compromise to make a voluntary republic work. It gets a little squishy later on when we decided to Hotel California them, but that’s an argument for a different day.
Doesn’t every state give up self-determination by being part of the United States?
‘no city, county or state has an electoral college’
‘None of them are trying to hold together a republic’
This is beyond wacky. It used to be understood the fed’s were supposed to be hands off on how the states conducted their affairs. And the EC was part of that, to give smaller population states some leverage in the process. Mike missed some classes on the subject I think. I keep wondering why I let him post this slop on my blog.
‘Doesn’t every state give up self-determination by being part of the United States?’
You should really stop commenting when drinking. A little time out is in order. Buh-bye!
I kind of like Mike because he represents a lot of people’s thinking but can do it without screaming. I can’t have this conversation with any of my relatives who feel the same as he does.
But it does illustrate how wide the gulf is in this country between the Hamiltonians and the Jeffersonians. It’s like we can’t even speak the same language any more. Each side is genuinely baffled by the other and has a completely different view of history.
Then catch him on some other blog, cuz he’s a gone pecan.
His Marxist comments won’t be missed.
“he’s a gone pecan.”
It’s the Ban Van!
“CNN poll: Trump approval hits new low”
Political Prediction Market: Clinton’s odds rise again
By Caroline Kenny, CNN
Updated 12:17 PM ET, Tue November 8, 2016
Washington (CNN)Hillary Clinton’s odds of winning the presidency rose from 78% last week to 91% Monday before Election Day, according to CNN’s Political Prediction Market.
With one day to go before Election Day, CNN’s Poll of Polls shows Clinton leading Trump by a narrow 4-point margin: 46% to 42%.
http://www.cnn.com/2016/11/07/politics/political-prediction-market-hillary-clinton-donald-trump/index.html
So she only ended up beating him by 1% or 2%. They were pretty close.
That CNN poll also shows Hillary up 7 in Florida. It’s going to be an early night.
Thirty-six percent approve of the way Trump is handling his job, down 1 point from his previous low. Meanwhile, 58 percent disapprove of his performance.
Doesn’t matter. The critical question is “if the election were held again today, would you vote for DJT or HRC”? Until the answer is HRC he’s still winning. My recommendation is that for 2020 the Ds nominate someone less HRC-like in order to avoid getting beaten (again) by someone most people don’t even like.
The critical question is “if the election were held again today, would you vote for DJT or HRC”? Until the answer is HRC he’s still winning.
No, the election was a year ago and HRC is no longer involved in politics. She’s a former senator, former secretary of state, etc., fading into history. I think that there have been presidential approval polls going back to the Truman administration. This sort of logic has never been asserted in the past.
Trump’s approval ratings will go up and down with Twitter.
Really, the only meaningful drop in approval that I saw was when Chuck Schumer and Nancy Pelosi hinted that Trump had made a deal on DACA. I don’t think Trump really meant to deal. I think that Schumer and Pelosi were just optimistically floating the idea as a hint hint, and it backfired.
This sort of logic has never been asserted in the past.
If we’re simply talking about presidential approval I agree. But every post I see from anyone talking bad about Trump’s approval always seems to include a subtext of “it shoulda been HRC”. Until that goes away the responses will tend to include a response to that part as well.
Or maybe I’m overly sensitive because I don’t like either of them but so far consider this preferable to the alternative of a year ago. I’ll never tell anybody to get on the Trump train, but I’ll also have no sympathy for them until they can come up with an alternative that is actually liked by the middle.
But every post I see from anyone talking bad about Trump’s approval always seems to include a subtext of “it shoulda been HRC”.
I think that you perceiving a subtext that isn’t actually present.
LMFAO watching little mikey get embarrassed over and over again is what truly makes this a TREMENDOUS comment section.
I’m not embarrassed about anything.
True statement, leftists know no shame. Actually, its all they know, which probably explains the behavior of Bill Clinton, Harvey Weinstein, Ted Kennedy, etc. etc.
And I can see the Chinese respecting Trump a lot more than the previous pres. Asians hold no quarter for dindus - much as the marxists try to ruin their cultures as well.
“I’m not embarrassed about anything.”
With all those Trump voices in your head you shouldn’t have to be embarrassed about anything.
“This would certainly apply to Ivanka, Donald Jr. and Eric Trump.”
https://www.youtube.com/watch?v=X6qzfJ1EG88
“And I can see the Chinese respecting Trump a lot more than the previous pres.”
Funny you should mention this, I suddenly remembered that tarmac incident with Obama and his entourage in China:
https://www.politico.com/story/2016/09/chinese-officials-clash-with-press-susan-rice-227708
They really gave the entourage quite a dissing.
They’re just good examples of people born with silver spoons in their mouths. Other names could have been used.
And I can see the Chinese respecting Trump a lot more than the previous pres. Asians hold no quarter for dindus
There you go again.
Voices, I hear voices
Seek medical attention.
Outside of a few leftist pockets ??
Quit fricken whining…You won…You own it…Get over it…
Rage-ravaged skull, meet TrumpTrain.
this fellow merikan owns a lofty piece of NYC … Bahawhawhahaha!!!!
https://www.yahoo.com/news/mueller-team-says-paul-manafort-131948236.html
I’m really happy that a year later and the left still thinks Trump won because of Russia . It means they have no idea how to beat him in 2020.
As for the approval numbers….you do realize that his approval was in the 30s on election day as well, yes? In fact it averaged 34% during the week before Election Day 2016.
So him being at 38% is a slight improvement from where he was 1 year ago today.
http://news.gallup.com/poll/197576/trump-favorability-trails-presidents-elect.aspx
scdave, same to you and yours:
YOU LOST.
YOU OWN NOTHING.
GET OVER IT…
LOL, he’ll get a better inaugural celebration than he got in the US.
When do we get to flush the turds out of Washington, the MSM and Wall Street?
This is a crock, I’m sure of it.
Those Chinese “superfans” were probably paid to bow to Trump, Potemkin style, in order to nudge toward not enacting tariffs against cheap Chinese goods. The social media is likely bought off as well.
They see Ivanka as a “goddess” because her clothing line is made in China.
Prolly. It’s not unusual for some Asian societies to lay on the flattery real thick to either get what they want, or lull the opposition into complacency. I think there was something about it in that Sun Tzu book, the Art of War. It’s interesting to see the present day manifestation through social media, though.
Besides, what’s got my attention is the Saudi coup/purge/whatever it is. That’s some hot nuts right there. Maybe that Q clearance poster over on 4 chan wasn’t as much of a troll as I thought he was.
Big doings.
Yep, a lot of funny money for the demoncrats has been cut off - future barack obamas will have to get real jobs, flipping burgers or other things that suit their IQ/disposition.
Also, interesting link to vegas shooting re: failed assassination attempt.
Next up, Merkel. Seeing her get taken down will be awesome.
Yep. This statement is kinda heavy:
http://i.magaimg.net/img/1suf.jpg
Imagine if he hadn’t paid for Obama’s Harvard edu, then maybe Obama would have been flipping burgers, for reelz.
This is a crock, I’m sure of it.
Those Chinese “superfans” were probably paid to bow to Trump, Potemkin style, in order to nudge toward not enacting tariffs against cheap Chinese goods. The social media is likely bought off as well.
They see Ivanka as a “goddess” because her clothing line is made in China.
Actually he does have a lot of fans in China. I don’t get it, but it’s true. Every time somebody in China wants to talk American politics about Trump with me I assume they are going to complain and instead they talk about how they like him. At first I was shocked but now I’m getting used to it. They respect money and they respect results and they aren’t as bothered by personality quirks. They have noticed that some of his past results may have been overhyped, though…I assume they will turn on him if they conclude it was all BS.
they respect results
Do the Chinese realize that he was elected in order to get “results” against China?
Oddly enough they don’t care. They’ll care later if they get screwed. But right now it’s still more about respect.
Ashford, WA Housing Prices Crater 13% YOY
https://www.movoto.com/ashford-wa/market-trends/
has anyone ever been to RENO twice
what a sad place
little gamblers
I’m sure the incomes in Reno can easily handle a 350k mortgage.
I’m sure the incomes in Reno ??
Lot of two income retirees moving their Ben…The friends I have that have moved there can easily afford that house…No state income tax and being able to get back to California easily for many of them is a big driver…
The median household income can’t afford to finance $350k….. Even less so for a pair of sway-back mules on fixed incomes.
well, at least your consistent HA….Worthless posts all the time…
DebtDonkey
Honokaa, Hawaii Housing Prices Crater 5% YOY
https://www.zillow.com/honokaa-hi/home-values/
Move up buyers. People sold their house that increased in value now move to a nicer place.
And once again, ruining the local economics for those who already live there.
Equity locusts are a plague on society.
No state income tax and being able to get back to California easily for many of them is a big driver…”
bay area money driving up costs in a line from silicon valley to Reno.
The John Deep/Nick Cage School of Real Estate.
Now taking applications for the Spring semester.
++++++
Johnny Depp Hit With Foreclosure On Homes By Ex-Biz Managers For $5M Loan
Dominic Patten - November 6, 2017 - Deadline Hollywood
Nearly a year after Depp and his former business managers start throwing accusations and betrayals at each other in court over millions in the seemingly spendthrift actor’s troubled finances, The Management Group on Monday filed an “action for judicial foreclosure” against the Pirates of the Caribbean star.
Aiming for the heart of what started the lawsuits flying back in January when the actor went after TMG in a $25 million fraud suit, the move Monday is to force a sale of five Los Angeles properties owned by Depp run trusts. Those sales are part of a larger play to repay a $5 million loan TMG made to the strapped actor in December 2012.
These sort of foreclosure actions usually move through the courts faster than most matters and, if a judgment is found in Depp’s disfavor, could see the Sheriff or a marshall snagging the properties within a year and selling them to pay the loan Depp has apparently decided not to.
“Depp paid interest and some principal payments under the TMG/Depp Note until he terminated TMG as his business manager on March 14, 2016,” the 10-page plus exhibits filing states. “After that date, Depp and his new business manager, (Edward) White, have refused to pay any interest or principal on the loan,” it goes on to detail. “Well over $4.4 million is due and owing under the TMG/Depp Note,” the document cites of the big bucks involved as well as fees and interest.
“As a result of Depp’s uncontrollable spending, which exceeded the net income he received from his films, Depp was forced to borrow large sums of money to fund a lifestyle that continued to become more and more extravagant over the years,” Monday’s fairly detailed filing says. “At the outset, this borrowing was in the form of advances from various movie studios, primarily Disney.”
Johnny Dope and Nick DonkeyCage. Two broke underwater fools despite large incomes.
Sounds like every other mortgage paying fool out there.
get a tiny house and park in Orlando Blooms backyard
At least one of them has probably already parked in Orlando Bloom’s backyard. Without a tiny house.
I got this in an email today:
“I’m looking at buying a new house here in the Vancouver Washington area…I’m trying to decide if I should buy now or wait. What would you do?”
Buy! Buy! Buy!
Real Estate only goes up!
Get on the property ladder!
And get the MID forever! It will help pay for your house!
Suzanne said it was OK!
https://www.youtube.com/watch?v=20n-cD8ERgs
I know. It’s like that here, too! Have no fear:
(Vegas) The Sunday - It’s Not a Bubble
2006’s Ridiculous prices are regarded as the norm.
lol@HousingHens/DebtDonkeys/MortgageMonkeys
So how did you respond?
I just told him I posted it here.
I see the comment here now. I will watch the videos after work. Would you see any reason to wait for a price dip if it seems like the housing prices just keep climbing?
If prices dip far enough then a dip will end up being much more than a dip.
A healthy price dip will destroy the perception of endlessly rising prices, of the endless creation of wealth. Once this destruction of perception takes hold and becomes widespread then percieved reality will take a rather unpleasant shift.
Why buy it when you can rent it for half the monthly cost? Buy later after prices Crater for 75% less.
A healthy price dip will destroy the perception of endlessly rising prices, of the endless creation of wealth. Once this destruction of perception takes hold and becomes widespread then percieved reality will take a rather unpleasant shift.
We already got a “healthy price dip” in 2008. But managed to head off the full learning experience. One more spin of the wheel for you Mr. B.
Vancouver Washington…
House prices 10 x income. It is impossible to pay that kind of debt off, even in a magical place like BC.
Well I got an actual hand-written and hand-addressed (as opposed to those printed ones that are made to appear handwritten in cursive) letter yesterday from a used-house salesperson, asking me if I wanted to sell my house to a friend of hers. It included two of her cards.
And even stranger, her business card is 2″ x 2″ with a picture of her on the back that reminds me of the small ones included in those high-school senior picture packages that you would pass around to your friends back in the day.
Weird.
But sadly, no dollar bills in this letter. There is a local builder who I kid you not, has sent me an actual dollar bill about 4-5 times over the past few years. Sometimes it actually pays to open your junk mail!
And yet 50 miles away you could buy a beautiful house on 10 acres for half the price, or less.
redmondjp
Sure, and have a four-hour daily commute.
#winning!
My time is the most valuable thing that I have; why would I want to sit in traffic any more than I already do?
Ineffectual trolling of the hbb is worthless.
They loan you 10% of your downpayment for a 25% share of the appreciation (plus the return of their 10%) and call it sharing.
KInda like the way obama called taxes an “investment”
That should read “half your downpayment” (10% of the purchase price).
and call it sharing ??
They also participate in other benefits like principal pay down, depreciation and maybe some participation in deduction in the operating costs even though they may not be paying for it…The investor really comes out on top in this (financially) if everything goes okay…Biggest fear for the investor is “default” by the owner occupant…Then it can get real ugly & costly….
Do you want a great experience in sharing? Come see me at my bank and ask for my Dotted Line Special; This simple act on your part will allow your ever-enduring sharing experience to fully commence.
With a bit of luck perhaps we can set up this sharing experience of yours in such a way that it will last an entire lifetime.
Bahahahahahahahahahahahahahahahahahahahaha.
Why would you need the loan shark to provide 10% down? You can buy a house with your own 10%, from any conventional bank. Or you can go the FHA route.
These people are buying $1 million + houses.
Besides, this is just about reeling in the suckers by posing as helpful folks. They just want to help, don’t you see. It’s loan sharking while evading any regulations concerning interest rates.
Mendon, MA Housing Prices Crater 18% YOY
https://www.movoto.com/mendon-ma/market-trends/
“The same geniuses who are currently crowing about their savvy real estate purchases will be a wailing and a moaning in the wake of the next crash…”
Right.. but isn’t the general trend always moving upward? My father has owned a house in the Excelsior District of San Francisco, CA for like 25 years.
Obviously he went through ups and downs with recessions, crashes, etc. But the price of the house, like all real estate in SF, has a general upward trend.
Yes, it’ll fall when the next bubble bursts.. But how bout when it recovers? Won’t it just surpass it’s previous maximum?
I’m just bringing up questions so I can gain more knowledge.
Over long periods of time, with meaningful maintenance dollars continually being invested in a home, you should typically expect the home value to rise with inflation.
Some places do better over long periods of time (typically places with supply constraints and strong economies).
Some places do worse over time (typically places with few supply constraints and economies that didn’t keep up with the times).
better answer above
“Over long periods of time, with meaningful maintenance dollars continually being invested in a home, you should typically expect the home value to rise with inflation.”
The problem is depreciation of $3/sqft year after year after year tends to eat you alive. You can eek by so long as the price was low enough. You never get your money out of it when you pay many multiples of construction cost for a depreciating asset.
Eek! is right.
” it’ll fall when the next bubble bursts.. But how bout when it recovers? Won’t it just surpass it’s previous maximum? ”
yes versus a fiat dollar.
And speaking of CNN polls…
Views Of Democratic Party Drop To Lowest Point Since 1992
“Only 37% of Americans have a favorable opinion of Democrats, down from 44% in March of this year. A majority, 54%, have an unfavorable view, matching their highest mark in polls from CNN and SSRS, CNN/ORC and CNN/USA Today/Gallup stretching back to 1992. The rating includes low favorable ratings from some core Democratic groups, including nonwhites (48%) and people under 35 years old (33%). ”
I have a feeling Wolfie Blizter or Andy Cooper won’t be talking much about this one tonight.
LOLZ
People must sense that the Dems are likely to run Hillary again.
Hahah :-). If she was healthier maybe. But this is why it’s pointless to talk about DJT’s approval ratings until they come up with an alternative that seems more palatable to the 50th percentile.
Well no, the Dem won big in VA. Enthusiastic turnout, probably. Maybe all the illegal immigrants will migrate to friendly VA now.
No surprise there. Smilin’ Ed is a neocon loser. Democrat-lite, really.
So what’s the word on the street about those 11 sealed indictments that were handed down, on a Saturday, no less? More Trump “associates”? Or the Hillary/Podesta/Huma gang? My money’s on the latter, on account if it was Trump associates, they wouldn’t have been sealed.
I haven’t heard about those new indictments.
Jog my memory, Palmy. That shooting in Texas. I heard on the radio — ONCE — that the bad guy with the gun was confronted by a good guy with a gun, which is why the bad guy stopped shooting. The news reports now just say that he “fled the scene,” as if he fled on his own. Of course, the story has turned to scapegoating the Air Force. But did *you* hear anything about this mystery good guy who was carrying? Why isn’t anyone hailing him as a hero? We don’t even know who he was.
There was a good interview with him going around FB yesterday. A bit rambling but nice to hear the story from the person who did it. The MSM did not do the interview or help promote it. I can probably post a link if you can’t find it.
http://ntknetwork.com/tom-perez-admits-democratic-primary-was-unfair-in-2016/
“trust gaps”
lol. That’s a new one.
How do you know a Democrat is lying?
He’s talking
That evil Donald Trump is at it again. Sit down for it. He is….I can barely type it’s so awful….he is…..helping American workers and cracking down on H1B visa abuse. The monster!!
How bad is this? It’s so bad that companies who used to rely on near-slave like H1B labor, now have to hire Americans. Trump is literally worse than Hitler.
https://www.bloomberg.com/news/articles/2017-11-06/trump-s-h-1b-reform-is-to-make-life-hell-for-immigrants-and-companies
Interesting. Shouldn’t be hard to prove that the job requires specialized skills. However there are also a lot of those skills already available from American workers. It will be interesting to see how that gets interpreted going forward. If it means specialized skills that can’t be found locally that will change everything.
After a year in Silicon Valley I have a much better understanding of why the whole place runs on H1Bs. It’s because only management and elite stock option/equity holders can afford to have a normal life here. And only H1Bs are willing to pay all their income for housing for years to get their foot in the door. So you end up with companies that are all management plus H1B mercenaries that can’t easily change jobs.
If the H1B availability changes significantly either rank and file wages have to go up a lot (and they are already high), or houses have to get cheaper. Or companies have to move…but those management and elites like being here. Maybe a lot more satellite offices will start to open out in the hinterlands again.
The narrative nowadays is that American kids are lazy and would rather get a degree in womyn’s studies than STEM and that’s why there aren’t any skillz and why we need hordes of H1B.
Total bunk. I was in graduate school in the late 90’s. Kids were fighting each other to get into a computer science program — any computer science program. Those who couldn’t were getting certificates by the dozen. When there are jobs to be had, Americans are a pretty hard-working bunch. Many of them could learn what they needed with 1 or at best 2 years of training.
Of course now, it’s a cyclic self-fulfilling prophecy. Kids aren’t majoring in STEM because they figure that their job will just be taken by an H1B anyway, which contributes to the alleged labor shortage. The cycle has to break somewhere, and perhaps H1B is the best link to break.
When there are jobs to be had, Americans are a pretty hard-working bunch.
Yep. But they want security and enough pay for a middle class life wherever the job is if they are going to run up a bunch of student loans to get it. Otherwise it makes more sense to hunker down in the hinterlands with the extended family where at least you can live cheaply with relatives if you have no choice but to work a McJob.
H1Bs can always get on a plane and go back to that in their own country if everything falls apart here without having the US govt guaranteed student loans around their neck for the rest of their lives.
And many times the extended family all chip in for the college costs for the one student. He goes to the US with arranged wifey, pops out a few anchors and presto! chain migrates the whole damn clan to pay them back for his tuition. All on the backs of the American taxpayer, of course.
I would support the RAISE act before the stupid wall.
Trump wins visas to hire 70 foreign workers at Mar-a-Lago
The Trump Organization has won the permission to hire 70 foreign workers to serve as maids, cooks and servers for the 2017-2018 tourist season, according to data from the U.S. Labor Department.
The Palm Beach Post reported Friday that Trump’s Mar-a-Lago resort in Palm Beach, Fla., won the permission after first applying for the H-2B visas in July. The request was originally filed during Trump’s “Made In America” week at the White House.
Palm Beach’s unemployment rate currently sits at 3.6 percent. A local job placement agency told the Post that there are plenty of local workers who would be eager to fill the positions.
“We currently have 5,136 qualified candidates in Palm Beach County for various hospitality positions listed in the Employ Florida state jobs database,” CareerSource spokesman Tom Veenstra said Friday.
http://thehill.com/homenews/administration/358793-trump-wins-visas-to-hire-70-foreign-workers-at-mar-a-lago
I wonder if some of them are Eastern European women with specialized skills that are there to do jobs similarly qualified Americans won’t do?
Brilliant! Thanks for making me smile!
Are you referring to the pure fiction golden-showers-on-the-bed episode that was made up by the firm hired by the anti-trumpers?
Nah, just repeating an old joke about prostitution in general and his taste for east/central European women. Combined with some standard illegal alien cultural reference humor.
“California Is America’s Poorest State”
http://www.laweekly.com/news/california-is-americas-poorest-state-4177082
Gulf Breeze, FL Housing Prices Crater 7% YOY
https://www.movoto.com/gulf-breeze-fl/market-trends/
MightyMike and scdave, I think about you guys and others like you and I think about how Trump won the presidency and I get a real warm feeling in my heart and I smile Bigly! Trump makes all the right people mad/hurt/upset. Just wanted you to know that.
Also, last night I was looking at an entry in my journal about a flight I took last year. During a layover the news was all about how Trump was losing. When I reached my final destination, an SJW was crying in the airport because Trump was winning. Winning I say! I never get tired of winning. Delicious! I fed on her tears as I told her I was glad. You all got schlonged!
Thanks for that!!
I’m not mad or hurt. Apparently, upsetting people will be Trump’s only accomplishment and you’ll be satisfied with that.
What about the anger that you’re missing? Remember how much satisfaction you derived out of hating Barack Obama and his appointees during his eight years?
Remember how much satisfaction you derived out of hating Barack Obama and his appointees during his eight years?
Actually No. Is this a projection? Can I assume you’re deriving satisfaction out of hating Trump and his appointees?
No, it is not. It’s just what you pick in the right wing media complex. For example, the best two years in Rush Limbaugh’s career were probably 1993 and 1994 - the first 2 years of Bill Clinton.
It’s just what you pick in the right wing media complex. For example, the best two years in Rush Limbaugh’s career were probably 1993 and 1994 - the first 2 years of Bill Clinton.
I don’t remember picking or talking about any of this. I was only sharing how much Schadenfreude I get out of your Schlonging. I imagine a lot of people get a MightyWarm feeling in their hearts when thinking about how all the SJWs got schlonged.
P.S. Nice list, Ben. The Clinton machine tumbling down? It’s not meager at all; it’s all Winning.
For example, the best two years in Rush Limbaugh’s career were probably 1993 and 1994 - the first 2 years of Bill Clinton.
I think you’re right. Mostly I don’t like the guy but man was he a sound for sore ears those two years. I even went to Dan’s Bake Sale in Fort Collins just to check out the scene.
https://en.wikipedia.org/wiki/The_Rush_Limbaugh_Show#Dan.27s_Bake_Sale
It might seem silly and unimportant now…except that I believe you can draw a direct line from those years (and the subsequent Lewinski scandal and refusal to resign) to where we are today. That’s the beginning of why She was a bad candidate.
‘upsetting people will be Trump’s only accomplishment’
The 75% decrease in illegal immigration within 60 days was a plus. Not having Shriek pack the supreme court with nut-jobs is favorable. Nafta - toast. Even the Mexican people are happy about that.
A firm schlonging of Hillarious while she hands him a landslide victory is a real plus.
That’s a pretty meager list. Some people were expecting good manufacturing jobs to return to the Rust Belt.
I don’t have all night to educate you. I don’t personally know one single supporter of the President that regrets voting for him or doesn’t expect to vote for him again.
Yeah, there’s a real cult of personality going on with that guy. It’s not really related to issues, which is exactly what 1% wants.
That’s an intelligent comment. My time is better spent reading 20 year old TV guides than talking with you.
Actually, it’s quite valid. The wealthy never cared about Obama’s birth certificate or #Hillary’sHealth. They just want more control of the economy. Those phony issues were just ginned up to distract voters from actual policies.
Housing my good friend…. Housing.
Crown Heights Brooklyn Housing Prices CRATER 13% YOY
https://www.zillow.com/crown-heights-new-york-ny/home-values/
I don’t personally know one single supporter of the President that regrets voting for him or doesn’t expect to vote for him again.
This is true I think. I think Trump supporters will support him through thick and thin. I’ve asked Trump supporters to hypothesize what it would take for them to lose faith in Trump. Many struggle to come up with anything. Maybe Trump said it best: “”I could stand in the middle of 5th Avenue and shoot somebody and I wouldn’t lose voters.”
That’s why I bring up HRC as part of this. When you ask a DJT supporter what it will take for them to lose faith, they think what you are really asking is whether they regret their vote yet. As long as the alternative is HRC-or-similar the answers will be “nothing”. Run a Jim Webb type and see how much loyalty the deplorable masses have towards NYC billionaires.
Every time I’ve started to lose faith in Trump, something happens to restore it. Every. time.
But it isn’t really even about Trump. As Jeff Sessions said, “This is a movement.” Trump gave voice and hope to many that the country doesn’t have to succumb, that it can be better, that people can actually do something about it, that they can withstand the slings and darts that come their way and persist. Look at the citizen journalists like Jason Goodman and George Webb who have persisted with the uncovering of the Awan spy ring in Congress and the research and investigation they’ve done. Lee Stranahan. David Seaman. Tom Fitton and his Judicial Watch. The list goes on. People are learning that they can contribute, in their own way, to making things better. We’ve a long way to go, but we’ll make it, I think. The point is, once again citizens are taking an interest. And it all started when Trump came down that escalator.
I’ve said before that if I had to deal with even a tiny bit of the incoming that Trump’s had to take, I’d be curled up in a corner in a fetal position, sobbing.
I honor his family as well, for all they’ve had to endure.
what it would take for them to lose faith in Trump.
I think it’s the illegal immigration. If Trump signals ANY kind of amnesty, or caves on DACA, he’ll lose a LOT of his support. Again, I don’t think people would mind even eventual citizenship for the 800,000, IF they get the RAISE act and kick out the parents.
And no, DACAs, no crying and moaning that you need your mommy. Americans kids separate when their parents about age 18, and you can too.
Fair enough. I don’t like him. I didn’t vote for him. But I don’t disagree with anything you are saying. For me there is no faith in him. Just relief for the bullet dodged.
God Bless President Trump. God Bless America.
And, fair enough to you as well. Dodging a bullet is good, it means living to fight another day.
I remember how depressed I was as election season drew near, thinking it was going to be Hillary vs. JEB! Then along came Trump.
Remember the failed Obama pivot to Asia? What Trump is doing, now THAT is a pivot to Asia. Well, with the exception of Kim and quite frankly, I think all Kim wants at this point is just the tiniest acknowledgement from Trump and it looks as if he may have gotten it.
Meanwhile, back in Saudi…
This boxer on the canvas reminds me of Mighty who keeps commenting after Ben has already knocked him out.
https://www.youtube.com/watch?v=5wNrB_V3PFc
Heartwarming.
Real Estate Crash 2018 | The Canadian Bubble Bursts
Published on Sep 25, 2017
https://www.youtube.com/watch?v=2YBtoH4Ez9k
Of course it’s already popped. A comment:
“Viking Mike
There never was, ever has, or ever will be any sort of a housing bubble in Canada whatsoever. Prices only go up and that is the reality. In less than a decade, detached house prices will soar into the Billion dollar price mark in Canada’s two hottest markets, Vancouver and Toronto. Then another decade later you can count on that same price mark will be hitting the Quadrillion dollar price mark with ease. There are well over several hundred million Chinese billionaires that need to cash in and buy several homes in Canada. That is what will keep the housing market healthy and vibrant. Credit is the best thing for Canadians as you never have to pay it back because house prices only go up, therefore the credit pays itself off because of the increase in home values. Smart people are the ones who have several homes and just live off the the equity that just keeps increasing every year. Home prices basically double every three months in Canada, people should get in while they can to enjoy living for free off their homes. Marc Carney along with the Stephen Harper Government administration was the best thing to ever happen to the Canadian housing market.”
I think they legalized weed up there.
Plummeting house prices has buyers backing out
CityNews Toronto
Published on Aug 3, 2017
Plunging house prices in the GTA has opened the door to unscrupulous moves by some buyers as one Oshawa couple found out
https://www.youtube.com/watch?v=38OpRNKCtmI&spfreload=10
Complete with trembling voice FB.
Ahahahaha these videos might just replace the election night wailing montages in my daily rotation if they become common enough. I’m starting a playlist.
Palo Alto, CA Rental Rates Crater 7% YOY
https://www.zillow.com/palo-alto-ca/home-values/
*Select list price from dropdown menu under rental chart
More big doings:
http://www.zerohedge.com/news/2017-11-07/cia-director-met-nsa-whistleblower-who-disputes-russias-role-dnc-hack
“But now, it appears Binney’s theory is being discussed at the highest levels within the CIA after the Intercept reported that CIA Director Mike Pompeo met with Binney late last month under the advisement of President Donald Trump.”
Please, Mr. President, I can’t take all this winning (I can).
It takes a Texan (even if he is a transplanted Ohioan):
https://www.youtube.com/watch?time_continue=121&v=ZSPkcpGmflE
That’s a beautiful thing, and such a simple way of restoring the land.
Now there’s a rich guy putting some of his fortune to good use.
Love this!
It’s great, isn’t it? I love the simplicity of it.
I found out who is renting all the new and unsold super expensive houses for $2000 - $3000 per month in this part of Iowa, and it’s not John Deere executives. I talked to a carpet shampoo guy, he’s in ‘the know’. He said it was just regular people renting these places, they can’t afford them and always tell him they have almost no money and are living paycheck to paycheck. From what he’s seen, they are trashing the heck out of these nicer houses. After living in them for one year, the lease is up, they get the carpet shampooed to get their deposit back, and move into the next McMansion to trash it out. That’s just bizarre.