Adjusting To Something That Is Much Less Irrational
It’s Friday desk clearing time for this blogger. “Another housing market report is raising red flags about Dallas’ runaway home market. Record prices in the Dallas area have made this one of the most ‘mismatched’ markets in the country - where buyers can’t find homes at prices they want, according to Trulia. More than 30 percent of Dallas-area home shoppers aren’t able to buy a house in a price range they can afford, Trulia researchers found. ‘In Dallas, job growth accelerated from early 2015 to today, yet the mismatch is large and growing when compared with the same period in 2015,’ says Trulia analyst Felipe Chacon. ‘The median listing price and price per square foot in Dallas climbed 11.8 percent and 10.4 percent year over year in August 2016, while search interest remained relatively unchanged.’”
“Dallas-Fort Worth home prices are about 40 percent higher over the last few years. Home prices in North Texas this year are almost 60 percent higher than they were at the peak of the last housing cycle in June of 2007.”
“As the newest set of Manhattan real estate market reports make the rounds, many were taken aback by the rather large number of units sitting on the market, with a relative lack of sales from this time last year. The greater abundance of resale means that there is less of an incentive for buyers to engage in bidding wars, resulting in many sellers realizing that they’re going to have to lower listing prices. ‘It’s a collection of factors that influence price—there is not any one smoking gun,’ Engel & Völkers New York president Stuart Siegel said. ‘Buyers think they are buying 18 months from now, and sellers think they are selling 18 months ago,’ when sales were at a high.”
“‘We’re adjusting to something that is a new market, but one which is much less irrational! I think it’s a better place to be,’ Miller Samuel CEO Jonathan Miller told the Observer. ‘Well, unless you’re a super luxury developer,’ he laughed.”
“Hundreds of new apartments have opened in downtown New Orleans in converted office towers and the newly built South Market District, adding supply on the more expensive side of the market. Some rental property owners who have enjoyed top rents in pricey neighborhoods in recent years are now finding it tough to find tenants and lowering their rates, real estate agents say. ‘You drive around Uptown and you see ‘For Rent’ sign after ‘For Rent’ sign after ‘For Rent’ sign,’ said David Reeves with Latter & Blum.”
“Meanwhile, home prices in Uptown and the French Quarter have actually declined. Julie McGehee owns a small apartment building near St. Charles and Napoleon avenues. One of the units has been empty but available for rent since mid-August. She is renting the two-bedroom, one-bath unit for $1,450. Given the prime location, she said, it usually doesn’t take this long. ‘I’m in a big bind,’ McGehee said. ‘I have a mortgage … It wakes you up at night.’”
“The Angelgate development in the city’s Green Quarter, proposed to build 344 ‘luxury’ apartments in the city centre. However, after the contractors for the development - PHD1 - went into administration, plans began to stall and work has yet to fully commence. Candy Choi and her husband Eddie Lau had bought two properties off-site at Angelgate, investing approximately £290,000 - of which they have paid £230,000 - in the development.”
“Mrs Choi said: ‘Buyers are considering to sue Pinnacle, so we are considering to pay money to our litigation lawyer, but not Pinnacle. The whole affair reflects that there is loophole in the UK legislation in the sense that buyers’ deposit is not sufficiently protected in off-plan purchases.’”
“Parts of WA hit by the mining construction downturn or rising unemployment are becoming no-go zones for the nation’s big banks, fearful of making losses on crumbling property markets. During the past 12 months the median house value in South Hedland has dropped by 45 per cent while one of the older areas of Karratha, Nickol, has suffered a 44 per cent drop. This week the International Monetary Fund raised concerns about the total level of debt across the world, which has now reached $200 trillion, and singled out Australia because private debt levels are on the rise.”
“Westpac chief executive Brian Hartzer said banks did not benefit from sky-rocketing prices which were now preventing increasing numbers of potential buyers out of the market. ‘Housing has become more difficult for families to afford,’ he said.”
“Singapore home prices dropped by the most in more than seven years as developers offered discounts amid signals from the government that it won’t roll back property curbs initiated in 2009. The head of Singapore’s central bank, Ravi Menon, said last month that the city-state doesn’t plan to ease property curbs anytime soon, even as home prices have fallen 11 percent from a peak in September 2013 and sales have halved. That’s increasing the pressure on developers to offer discounts, payment programs and other incentives to stoke sales. ‘The haemorrhage continues for home prices,’ said Nicholas Mak, an executive director at SLP International Property Consultants in Singapore.”
“The existing stock of unsold homes may take three years to sell, according to Augustine Tan, President of the Real Estate Developers’ Association of Singapore. In addition to the oversupply, home vacancy rates are at their highest in more than 11 years, Tan said last month.”
“Tony Joe, a real estate agent in Victoria, received a predictable earful last spring when he distributed flyers that screamed: ‘Investors and foreign buyers want your property!’ The glossy mailouts touted Joe’s connections to—you guessed it—China. But then a funny thing happened. Joe’s phone started ringing and it didn’t stop. ‘Honestly, it was a very successful campaign for us,’ he says. ‘There were a lot of people who said, ‘I know you deal with a lot of Chinese, can you sell my property?’”
“How did we get here? Years of relative government inaction on the housing file are one reason. Failure to grasp the potential impact of foreign money on Canadian real estate is another. But much of the blame falls on the shoulders of individual Canadians.”
“Vancouver lawyer Jonathan Weisman sits on the board of the Dunbar Residents Association. He says he and other homeowners are ‘tremendously concerned’ about the impact of risky new government policies aimed at promoting housing affordability on their coveted West Side neighbourhood, where a modest, 70-year-old bungalow sold for $4 million earlier this spring. Like himself, Weisman says many residents scrimped and saved to buy a slice of West Coast paradise. ‘They shouldn’t be penalized for owning something that’s valuable,’ he says.”
“But foreigners weren’t the only ones who stopped buying. So did everyone else. ‘The market’s gone cold,’ says Keith Roy, a local agent. He points to his neighbour’s house across the street. Worth as much as $1.85 million back in May, it was put up for sale several weeks ago for $1.8 million and the price has been dropped twice since. ‘It’s now down to $1.6 million,’ he says. ‘No action.’”
“Some homeowners in Canada’s biggest city are eager to cash in while they still can. Local agent Victoria Boscariol says she now receives at least one call a week from someone with the following message: ‘I’ve got this property and I want to sell for a high price to the Chinese.’”
“It’s unfortunate that Ottawa didn’t take more assertive steps to bring the housing market to heel back five years ago when Canada’s economy was still the envy of the world. Now, the country finds itself in the unenviable position of having to explore untested and ever-riskier measures to cool house prices at a time when GDP growth is limping along at just 1.2 per cent. ‘It would be a very bad thing if foreigners were to sell properties in Canada, because all of us—homeowners or not—would experience a very significant slowdown in the economy,’ says Sherry Cooper, the chief economist at Dominion Lending Centres, who worries governments are being motivated more by political promises to help the middle class than they are by sound economic judgment.”
“Of course, that assumes the middle class actually wants to be protected from rising prices. Roy, the Vancouver agent, isn’t so sure. ‘Everybody believes in affordable housing,’ he says, ‘until it comes time to sell their house.’”
This Macleans article is epic. Please read it if you have a chance. These guys took heat for saying it was a bubble for years and now it’s blown wide open.
‘There were a lot of people who said, ‘I know you deal with a lot of Chinese, can you sell my property?’
‘I’ve got this property and I want to sell for a high price to the Chinese.’
‘It would be a very bad thing if foreigners were to sell properties in Canada’
‘They shouldn’t be penalized for owning something that’s valuable’
“Those feeling shut out want more affordable prices. But the only way for that to happen is for incomes to grow massively or for house prices to fall. Yet, the majority of Canadians—70 per cent—now own their own homes and have built up enormous wealth, at least on paper. If prices nosedive, it will threaten their prosperity.”
The article does a great job of detailing the political forces that support housing manias. The picture is similar in the U.S., except our home ownership rate is far lower than 70% following the 2008-09 collapse.
After years of viciously attacking anyone who suggested it was a bubble, even mayors and province heads are rolling out taxes and laws to pop the bubble. But as their mortgage guarantor pointed out this week, the bubble in Vancouver actually started deflating well before any of this started. Then the Globe and Mail does some great investigating and finds, not only are the Chinese speculators not cashed up, but were getting loans from Canadian banks that Canadian citizens would never have gotten! I feel bad for them. With commodities in the dumpster, real estate is what was holding the whole thing up. I have no idea where it goes from here, but it is possible they’ll have really bad recession or worse. Where oh where is that HBB basher Bob Rennie now?
“…not only are the Chinese speculators not cashed up, but were getting loans from Canadian banks that Canadian citizens would never have gotten!”
Despicable.
“Where oh where is that HBB basher Bob Rennie now?”
Crying into his beer, eh?
He’s one of the condo kings (notice there’s a lot of condo kings?) So he isn’t hurting. That’s the biggest surprise out of the Vancouver debacle; it’s detached houses that are getting slaughtered. Condos haven’t yet. But he was the most public face of the development cartel, a big political donor and the most vehement bubble denier. When the Globe and Mail dared to interview me, he took it upon himself to give a speech attacking this blog which ended up on youtube. I didn’t care. But what he was really doing was attacking the newspaper for allowing my views to be heard. That’s the kind of control-freak attitude the REIC has about this. It’s quite common actually.
Ben, if you don’t mind, would you post a link to that? I need a laugh today.
I’ll try and find it. Here’s something he said recently:
‘On June 2, at the UDI Luncheon, Bob Rennie went as far as saying, “only supply will cool the market”.
https://www.youtube.com/watch?v=szsMBFgf21k&feature=youtu.be&t=15m20s
Eat crow Bob…
“Everybody believes in affordable housing,” he says, “until it comes time to sell their house.”
“Our goal is to make sure we can manage the risks in the market for the long term,” Morneau said during a press conference in Toronto, during which he seemed eager to reassure both homeowners and non-homeowners alike. “We’re looking for ways that we can ensure people’s investments in their home are stable.”
“We’re looking for ways that ensure the bank’s investments are stable.” —Fixed It
“It’s also difficult to overstate the degree to which the entire country—both homeowners and renters alike—has become reliant on rising house prices to keep the lights on.”
…
“There’s been a cultural shift, too. In recent years, Canada emerged as a centre of reality-TV programs focused on real estate, exporting no-nonsense stars like Mike Holmes and the winsome Property Brothers to U.S. audiences.”
___________________________/
It’s a fascinating article, even though the words “Ponzi” and “mania” nowhere appear. That this occurred as a matter of deliberate policy after the deflation of the U.S. bubble makes it even more incredible.
‘You drive around Uptown and you see ‘For Rent’ sign after ‘For Rent’ sign after ‘For Rent’ sign’
One of the tightest rental markets in the country not that long ago. One after another they go from shortage to glut.
‘Meanwhile, home prices in Uptown and the French Quarter have actually declined. Julie McGehee owns a small apartment building near St. Charles and Napoleon avenues. One of the units has been empty but available for rent since mid-August. She is renting the two-bedroom, one-bath unit for $1,450. Given the prime location, she said, it usually doesn’t take this long. ‘I’m in a big bind,’ McGehee said. ‘I have a mortgage … It wakes you up at night.’
Sounds like you are not renting it at $1,450 Julie. How many people can afford that anyway? I’ve only been there once and the public vomiting is worse than Anchorage. A quick visit is alright but I wouldn’t want to live there.
“public vomiting is worse than Anchorage”
NoLA I can understand; if the alcohol doesn’t get you, the food will. But why would there be public vomiting in Anchorage? Just getting drunk?
Native Americans living on an oil stipend. They drink (to excess) all the time. I asked a guy I worked with if any of them had their act together and saved their money, etc. He said sure most of them, but they live on their land and don’t come to town much.
“Native Americans living on an oil stipend.”
I’m wondering if that is much different than Native Americans living on a gambling stipend?
I am in that area at least annually. New Orleans is a poor and violent city in a poor state, but strangely, that wasn’t an obstacle to building a surplus of luxury apartments.
At least Uptown is on comparatively higher ground.
Nola grabbed 120 billion from taxpayers and is still a shthole
Chocolate
Nolo voters elected corrupt, incompetent Democrat politicos like Ray Nagin who excelled at milking the system for all it was worth, but failed at basic governance tasks like having a viable emergency response plans for a hurricane. And the Nola idiots, having learned nothing from Katrina, are still voting for corrupt, incompetent Democrats - as if there’s any other kind.
I’m not going to disagree that Nagin was corrupt and that local officials largely struggled. But the federal reaction, under an elected Republican administration, was just as incompetent. Michael Brown was not a Democrat. He also had no experience in emergency response, having worked previously for the International Arabian Horse Association. Why was he placed in charge of the FEMA response?
From the UK article:
‘According to investors and Wilmslow-based Pinnacle, PHD1 had underestimated the build cost by around £19m, which meant that new quotes were needed. Units had however, been bought wholesale, off-site, by investors in Hong Kong, the UK and a number of Far East countries, with funds transferred to developer, Pinnacle Alliance.’
‘Pinnacle contacted investors and assured them that they were not going to leave the development, giving the buyers two options. They could action their right to take control over the site and finish themselves, or, they could invest further funds to meet the new quote.’
‘Questions have also been raised over how the money invested, estimated to be around £32m, from investors had subsequently been spent by Pinnacle.’
“action their right to take control over the site and finish themselves”
Which they will likely never do. Investors and traders *hate* “stuff.” “Stuff” takes months to trade and you can’t cut it in half. They would rather convert stuff into security paper and sell that instead. Witness how quick the investors literally washed their hands of the actual trashed housing they had repaired and rented, and began trading in rental backed securities.
Yeah, a bunch of Asians who don’t know each other on the opposite side of the globe are going to finish these air boxes. They’ve been had and consider throwing good money after bad hiring lawyers when she admits the law doesn’t protect her.
As more former sheeple become awake and aware, are they turning off their TeeVees?
http://www.wsj.com/articles/ratings-fumble-for-nfl-surprises-networks-advertisers-1475764108
DVDs from the library are free. And so is streaming C-SPAN on the internets.
I have been in the same room with (not chosen to watch) only a few minutes of political advertising in the last year. Over half a billion dollars spent on that and I am beyond their reach, LOLZ.
Same here on the political ads. I’ve made it through the entire campaign season without watching a single Clinton or Trump ad.
without watching a single Clinton or Trump ad ??
You must not watch any TV because its everywhere..The Clinton Ad with the pre-teen girls is a dagger in Trumps heart…That assuming he had one…
‘with the pre-teen girls’
I bet that was Bills idea.
I bet that was Bills idea ??
It was a womans Idea thats for sure because only a woman can internalize it…
Go ahead Trump…Bring Bill’s philandering into the discussion…Your calling the Kettle Black you toad…
Everybody already knows it. Here’s another woman:
Protester Intertupts Bill Clinton With A ‘Bill Is A Rapist’ Sign
https://www.youtube.com/watch?v=akvDQGZeHG4
BTW, I’ve seen more people at a garage sale than this “rally.”
I remember reading about how Ivanka gets asked frequently about her dad’s treatment of women (multiple wives, beauty pageants, calling women fat, etc.).
But Chelsea never gets asked about Bill’s philandering (interns in the Oval office, multiple and repeated allegations of extramarital affairs, paid, and unpaid, over many decades, etc.). Why is that, I wonder?
Why is that, I wonder?
It’s Chelsea’s mother who’s running for president, not the father.
So? It’s Trump who is running for president, not Melania, but that didn’t stop anyone from going after her, publishing naked pics, looking into her immigration status and implying she was a high priced call girl.
It’s a package deal. She’s that “stand by your man” gal.
The news about Bill is also old news. It’s not likely that Chelsea would have anything interesting to say about it.
Every American male that admires a beautiful (mature) woman who is not fat and/or flatchested is a Deplorable. Transferring this to images of 10 year old girls is absurd.
No, that’s not the definition of deplorable.
It’s Chelsea’s mother who’s running for president, not the father.
Yet a rationale that many have for why HRC will be good for the country is her relationship with Bill. They are considered a two for one sale.
I have several free DVDs from the library on the counter to watch. Don’t need and don’t want TV. I get a couple of offers in the mail every week begging me to sign up for $50/mo. The way I figure it, that’s $15,000 I don’t need to spend from my savings over the next 25 years. Money and time better spend having fun.
I have Netflix and the Internet. Cut the cable in 2013, will never, ever have it again unless there’s an a-la carte option where I can have shows like Democracy Now, Discovery Channel, and NatGeo, and have zero corporate media propaganda channels.
the kneelers aren’t helping the NFL
10 mill a year snowflakes
I saw your post on that yesterday. It’s about time. I’m a football fan, but we’re absolutely saturated with it.
Yep. It’s time people in the Tampa Bay area woke up and accepted that the Bucs are nothing more than a taxpayer subsidized investment scheme for the Glazers. They can change coaches and quarterbacks all they want, there won’t be any more Super Bowls for them. Ever. Unless there’s a change in ownership.
The team is not meant to win, and that’s deliberate. All you have to do is look how they treated the team after they did win the Super Bowl. The only people who “win” are the Glazers, and they win whether or not the team wins. The Bucs aren’t a “team”, they’re a business strategy, an investment vehicle. And this goes for other teams as well.
The exact same thing can be said of the Seattle Mariners baseball team.
Too bad that most sports fans can’t figure this out.
If you want make the team better, stop going to the games and watching them on TV. This seems counterintuitive at first, until you realize that the only way they will ever improve their product is if they are losing money.
These team “owners” have financial advisers who do ROI calculations. It takes a bit of money to improve the team, hire the best coaches and players, etc. The return on that investment apparently isn’t great enough to warrant the money and effort. So they go low bid and stick with mediocre personnel and collect what they would get anyway for showing up.
I think it’s more that football has become almost painful to watch. The advertisements between every down, commentary, injuries, and the players themselves have all ruined it.
‘The 49ers have had a rough start to their season, but some fans are getting to benefit from the teams struggles. For Thursday’s nationally televised game, some people paid more for their parking than they did for their seats.’
‘Online, hundreds of season ticket holders are dumping their tickets, often at a loss. At the NFL Ticket Exchange Thursday, there were tickets going for as little as $20 bucks. That’s well below face value.’
Two things: the Jaguars helmets and those freaking orange creamsicle uniforms the Dolphins wore last week. Just stop!
Also, I’m in Los Angeles and we have NFL back. ESPN radio talks about NOTHING but the Rams all day every day. I don’t remember ESPN radio in 1994, I don’t even remember it being on the air, at that time I was listening to the Mighty 690, and they talked about the Chargers a lot because it was a San Diego station (I was still in L.A.) but it wasn’t anything like this.
Part of the business now seems to be a periodic uniform change, along with special “third jerseys,” for which fans are supposed to pay to update their team gear. Even my university, which is not a football power, has gotten into the act, signing a contract with an apparel company and going Halloween from time to time.
I happen to like the Buccaneers’ original creamsicle uniforms, with the helmet featuring Bucco Bruce holding a dagger in his teeth, better than anything used since.
There’s only speculation regarding what’s going on.
Long seen as invincible against the trends and changing media habits that have negatively affected other programming, network executives and advertisers have been scrambling to figure out if this is a short-term blip because of political news or the start of a long-term trend.
Not everyone is convinced that Hillary Clinton and Donald Trump are solely to blame. Some industry analysts note that as the NFL continues to place product on more digital platforms, a negative hit to the broadcast partners is more likely. Others cite that the NFL may have hit saturation level with games on all day Sunday, as well as a Monday and Thursday game.
In addition to the election coverage and some fans angered at the protests, another factor NFL media chief Brian Rolapp cited i n a Wall Street Journal interview was the absence of some marquee players due to injury and retirement, as another possible cause of the lower ratings.
Interestingly, ratings for college football have been up this season.
http://www.nasdaq.com/article/nfl-blames-confluence-of-events-for-ratings-declines-20161007-00275#ixzz4MQ3tBVor
28% of Australian mortgages issues in 2015 and 2016 are liar loans. Haven’t we seen this movie before?
http://wolfstreet.com/2016/10/07/liar-loans-surge-in-australias-red-hot-housing-bubble-ubs/
bam the banks
Bahhhhhhhhh
left wing chant
WTF…in our current rigged, broken, manipulated “markets,” are flash crashes going to be the new normal?
http://www.zerohedge.com/news/2016-10-07/deutsche-bank-shocked-disorderly-dramatic-pound-flash-crash
But…but…Nobel Peace Prize! Hope n’ change!
http://bigstory.ap.org/article/fd0fbcd09be746708be34c1b0bb95ed4/once-lauded-peacemaker-obamas-tenure-fraught-war
Got hysteria?
http://www.businessinsider.com/fox-news-shepard-smith-hurricane-matthew-your-kids-die-too-2016-10
Meanwhile, Matt Drudge asks an interesting question.
http://www.infowars.com/drudge-asks-is-government-lying-about-hurricane-matthew/
“Hurricane Center has monopoly on data. No way of verifying claims. Nassau ground observations DID NOT match statements! 165mph gusts? WHERE?”
— MATT DRUDGE (@DRUDGE) October 6, 2016
I’ve mentioned this before: years ago I was living on a barrier island and there was a hurricane nearby. I was watching the weather channel and that bald guy was broadcasting from a few miles away. He was standing in the breezeway between two timeshare towers and it has blowing his jacket like crazy. Thing is, it’s always blowing through a breezeway, that’s what it’s designed to do. I looked out my window and the sun was shining and the palm trees were barely moving. It never even rained.
But the fear channels have to “alert the public.” It’s for the children.
The fear mongering industry is alive and well.
~600 deaths from Mathew… i think warnings for the sheeple are a good thing. If not they end up in the hospital and taxpayers get the bill.
How do you know how many deaths? How does anyone know, for that matter. Could be more, could be less. Whatever the case, there’s no excuse for screaming “We’re all gonna die!”
If you want something to really be concerned about, check what’s going on between the US and Russia over Syria right now. THAT is what could be a “We’re all gonna die!” moment.
sure, deny reality and keep your cell phone in the microwave.
Russia can have Syria, we get Cuba.
I am off to the beach soon, supposed to be 95 degrees here today. No concerns.
“I am off to the beach soon”
Don’t glow in the dark, now, y’hear?
Horror in rural Haiti as Hurricane Matthew death toll surges to 842
Reuters
Joseph Guyler Delva, Reuters
2h 1,135 3
“Reuters”
LOL, Reuters. The company that keeps “tweaking” the polls every time they show Trump ahead.
I mentioned ecommerce third party merchant throttling the other day. Clearly, ebay’s CEO learned the finer points of internet manipulation during his time at Reuters.
https://en.wikipedia.org/wiki/Devin_Wenig
Somewhere, George Soros is cackling with delight as his fundamental transformation sweeps across old Europe.
http://www.zerohedge.com/news/2016-10-06/germany-imports-child-marriage
hang on to your gold caps
Hmmm … they’re gonna use Islam to decriminalize pedophilia … clever.
Cue up another “lifestyle choice.”
But…but…the Keynesian lunatics at the Fed and central banks told us debt fueled growth was the pathway to permanent economic prosperity!
http://wolfstreet.com/2016/10/06/great-debt-unwind-business-commercial-bankruptcies-soar/
This goes out to our self-styled anarcho-capitalist who is now the parrot on Hillary’s shoulder and Big Brother’s Little Helper: Big Bad Bill is Sweet William Now.
https://www.youtube.com/watch?v=3ij6kfRZcVE&list=RD3ij6kfRZcVE
All the rigging and market front-running by algos MAY have consequences one of these days….
http://www.bloomberg.com/news/articles/2016-10-06/pound-plunges-6-1-percent-in-biggest-drop-since-brexit-result
‘Westpac chief executive Brian Hartzer said banks did not benefit from sky-rocketing prices which were now preventing increasing numbers of potential buyers out of the market. ‘Housing has become more difficult for families to afford,’ he said.’
Let me get this right:
‘banks did not benefit from sky-rocketing prices’
So these guys stop making loans because prices are in free-fall.
‘prices which were now preventing increasing numbers of potential buyers out of the market’
This Brian guy is something else.
Isn’t it interesting how these bubble pumping governments/central banks are now trying to stop it?
‘Singapore home prices dropped by the most in more than seven years as developers offered discounts amid signals from the government that it won’t roll back property curbs initiated in 2009. The head of Singapore’s central bank, Ravi Menon, said last month that the city-state doesn’t plan to ease property curbs anytime soon’
‘Australian policymakers say efforts to rein in the runaway housing market are working. But on the ground there’s a fresh bidding frenzy, as fibreboard shacks fit for demolition and miles from downtown Sydney go for almost $1 million.’
‘At a sale last week, auctioneer Baldwin took 134 bids for a drab, two-bedder in Greenacre, 18 kilometres west of Sydney, before dropping the hammer at $926,000. That’s 19 per cent more than the median price for that size of property. Baldwin said the main draw wasn’t even the house; it was the chance to knock it down and build anew. Some buyers are saying: ‘We’d better get in or we’ll never get in,’ he said.’
Oh but the central bank is “very concerned”. Maybe 10 or 12 years too late for that. What’s really nuts is rents in Sydney just crashed, in some parts by half!
“Isn’t it interesting how these bubble pumping governments/central banks are now trying to stop it?”
Growing bubble awareness can quickly morph into panic and a race for the exits.
“Another housing market report is raising red flags about Dallas’ runaway home market. Record prices in the Dallas area have made this one of the most ‘mismatched’ markets in the country - where buyers can’t find homes at prices they want, according to Trulia. More than 30 percent of Dallas-area home shoppers aren’t able to buy a house in a price range they can afford, Trulia researchers found.”
If I correctly remember the first wave of Housing Bubble mania, then the ‘mismatch’ problem described in the article was primarily a California problem, easily explained by the ‘fact’ that ‘everyone wanted to live there.’
Who knew everyone wanted to live in Dallas, too?
‘Dallas-Fort Worth home prices are about 40 percent higher over the last few years. Home prices in North Texas this year are almost 60 percent higher than they were at the peak of the last housing cycle’
And there are certain areas around there which have seen much higher price increases than these general stats. Nothing to see here Yellen. 40% in a few years? Heck there are individual flips doing that much and have been for years.
Just walked into my hotel in Chicago and they have Marko Rubels Million Dollar Foreclosure Seminar going on down the hall. One of these days I have to attend one just to people watch and see what kind of BS they spew.
Must be gearing up to profit from the next leg down?
Heh. For a minute there I was wondering why the heck Marco Rubio was giving a seminar in Chicago. Then I had another gulp of coffee.
Hey, Jeff, if you’re out there and have access to the internets, how’s it going and how bad was Matthew? We got some rain and wind, not even tropical storm stuff.
Tell me about it. Schools are closed in Tampa today, and right now it’s calm outside and not even raining.
Short version of the BS they spew: The free seminars are just a “beginner” seminar. If you want more detail, you need to sign up and pay for the intermediate seminar. At the intermediate seminar they try to get you to sign up and pay even more for the advanced seminar. Same thing for marketing seminars, stock-trading seminars, and the like.
The guy profiled in this segment sounds like the dad of half the people I grew up with:
http://www.npr.org/2016/10/07/496984920/northeastern-ohio-couple-who-normally-vote-democratic-consider-trump
Look at the comments to this article.
http://finance.yahoo.com/news/white-house-americans-pay-astronomical-091500724.html
Our premium for family health insurance coverage equals a new car every two years. We can add to that expense the things that aren’t covered and for which we are enthusiastically “balance billed” by healthcare providers afterwards. And we have a grandfathered plan. If we didn’t, the premium would be even higher. The ACA hasn’t benefitted us.
Is Trump proposing to kill the ACA?
He says it every day.
Somehow I missed that amidst all of the hubbub over fat Miss Universes and fear mongering over the internal terrorist threat.
You can look it up pretty easily. He’s got a seven point plan, most of which would lead to an increase in the number of people without insurance. The last one might a good idea.
7. Remove barriers to entry into free markets for drug providers that offer safe, reliable and cheaper products. Congress will need the courage to step away from the special interests and do what is right for America. Though the pharmaceutical industry is in the private sector, drug companies provide a public service. Allowing consumers access to imported, safe and dependable drugs from overseas will bring more options to consumers.
https://assets.donaldjtrump.com/Healthcare_Reform.pdf
“The last one might a good idea.”
Wait, what? Did I just agree with Mike on something? Well, paint me pink and call me Shirley.
I love the smell of competition in the morning….
I have one choice under ACA, Blue Cross wins again.
Trump on the ACA:
http://www.msn.com/en-us/news/politics/trump-continues-to-hammer-away-at-central-park-five/ar-BBx8xWA
We just went through our small company’s options for next year. We are wondering how any person with a “normal” salary can afford even a basic ACA medical plan.
No wonder the young and/or healthy are opting to pay the fine.
2.5% is cheap compared to the premium for coverage that doesn’t pay for anything until you’ve spent thousands additional in deductible.
According to Sweet William, voting for Trump automatically makes one a neo-facist swooning before a meglamaniac’s cult of personality.
‘Bank of America Says We’re Experiencing ‘Peak’ Everything and a Major Market Change Is Coming’
‘Explaining their rationale in predicting declining liquidity, the team cites declining enthusiasm among central bankers in Europe and Japan towards negative interest-rate policies. “Central banks are starting to feel political backlash for fueling inequality, and ‘Quantitative Failure’ (671 rate cuts since Lehman bankruptcy has fostered neither robust economic recovery nor ‘animal spirits’ as corporations & households continue to hoard cash) means that the era of excess liquidity and QE is now largely behind us.”
I don’t know how inequality and household hoarding cash matches up, but it does seem this whole QE thing is now recognized as a failure. And just as the barbarians are at the gates. 671 rate cuts!
It’s coming.
Very few places to hide.
Cash could be a place. But which currency?
All fiat have issues.
Now that an investment bank is calling it QF, we might have to reconsider the self named “Bernanke the Courageous.”
‘Bank of America Says We’re Experiencing ‘Peak’ Everything and a Major Market Change Is Coming’
Financial hurricane warning?
“QF”
Quantitative Fooking
central bankers will hunted down like Hoeneker and Caucesque in the soviet fall- same lies and ruined lives
you know what I mean
Peddling fiction.
“This week the International Monetary Fund raised concerns about the total level of debt across the world, which has now reached $200 trillion, and singled out Australia because private debt levels are on the rise.”
______________________________/
And much of that debt is counted as an asset on somebody’s balance sheet or retirement account.
“…much of that debt is counted as an asset…”
Which won’t pencil out well if the debt proves uncollectible.
Educated guesses:
1) More bailouts lie ahead
2) They will be adopted and executed without political fanfare
3) They will be financially engineered as stealth measures to mitigate MSM coverage
IMF world bank
there sht isn’t debt cause no one pays them back
taxpayers in USA contribute 19%
Ethan Barton
11:44 PM 09/14/2015
Violent drug cartels help “every single illegal alien” cross the border between the U.S. and Mexico for a fee, and often the price is carrying a backpack full of heroin, according to a Border Patrol union president.
“Drug cartel violence in Mexico threatens both American and Mexican citizens and their families on both sides of the border,” said Rep. Elijah Cummings of Maryland. “Combating the violence and stabilizing this region needs to be a top priority for both countries.”
But Customs and Border Protection needs more resources to complete that task, according to the Border Patrol union.
“Without the manpower on the border, we just can’t physically secure the border,” National Border Patrol Council president Brandon Judd told the committee.
Read more: http://dailycaller.com/2015/09/14/americas-heroin-epidemic-fueled-by-flood-of-illegal-immigrants/#ixzz4MPWZIFq0
But in Amherst Massachusetts…
Raid! National Guard, State Police descend on 81-year-old’s property to seize single pot plant
By SCOTT MERZBACH
Staff Writer
Friday, September 30, 2016
Margaret Holcomb said she was growing the plant as medicine, a way to ease arthritis and glaucoma and help her sleep at night. Tucked away in a raspberry patch and separated by a fence from any neighbors, the plant was nearly ready for harvest when a military-style helicopter and police descended on Sept. 21.
In a joint raid, the Massachusetts National Guard and State Police entered her yard and cut down the solitary plant in what her son, Tim Holcomb, said was a “pretty shocking” action — one that he argues constitutes unlawful surveillance and illegal search and seizure.
“It’s scary as hell,” said Tim Holcomb.
Those agencies also conducted raids in Wendell and Granby recently.
http://www.gazettenet.com/MarijuanaRaid-HG-100116-5074664 - 83k - Cached - Similar pages
Amazing, isn’t it?
The war on drugs. They ought to ask Duterte how to conduct a real war on drugs. It’s brutal, and extra-judicial, but unfortunately, when things get that bad, it takes extreme measures and innocent people get caught up in it.
National Guard, State Police descend on 81-year-old’s property to seize single pot plant ??
Now off to prison with you…Seize her house to pay for the raid…
In a ‘joint’ raid - get it? Get it???
Unintentional pun of the day, right there . . .
Pueblo will be the first city in CO with recreational MJ dispensaries to vote to ban them next month.
The Denver market is absolutely saturated. I live close to a section of South Broadway called the Green Mile, it is the highest concentration of legal recreational dispensaries anywhere in the world. Bloomberg published a piece about that.
Are you still in the biz?
By: Marc Morano - Climate Depot
September 6, 2016 5:57 PM
TAMPA, FL — Speaking to supporters in Tampa, Hillary Clinton says climate change is “wreaking havoc on communities across America.” Clinton warns that Hurricane Hermine “is not the last one that’s going to hit Florida given what’s happening in the climate.” She says, “When it comes to protecting our country against natural disasters and the threat of climate change, once again, Donald Trump is totally unfit and unqualified”.
“is not the last one that’s going to hit Florida given what’s happening in the climate.” She says
Given what’s been happening in the climate since forever.
Hurricane sinks Spanish treasure ships
A hurricane strikes the east coast of Florida, sinking 10 Spanish treasure ships and killing nearly 1,000 people, on this day in 1715. All of the gold and silver onboard at the time would not be recovered until 250 years later.
From 1701, Spain sent fleets of ships to the Western Hemisphere to bring back natural resources, including gold and silver. These groups of ships were heavily fortified against pirates, but there was little that could be done to protect them from bad weather.
On July 24, 10 Spanish ships and one French ship left Havana, Cuba, on their way to Europe, carrying tons of gold and silver coins, about 14 million pesos worth. The Spanish ships stayed very close to the Florida coast, as was the custom, while the French ship, the Grifon, ventured further out from the shore. A week later, as the ships were between Cape Canaveral and Fort Pierce, in modern-day Florida, the winds picked up dramatically.
The hurricane advanced quickly and, one by one, the ships were wrecked. The Nuestra Senora de la Regla sank, sending 200 people and 120 tons of coins to a watery grave. The Santa Cristo de San Ramon went down with 120 sailors aboard. In all, somewhere between 700 and 1,000 people lost their lives in the wrecks. Meanwhile, the Grifon was able to ride out the storm; most of its crew survived.
In the following months, Spanish officials in Havana sent ships to salvage the treasure. About 80 percent had been recovered by April 1716, but the rest remained lost until the 1960s.
http://www.history.com/this-day-in-history/hurricane-sinks-spanish-treasure-ships - 145k -
“She says, “When it comes to protecting our country against natural disasters and the threat of climate change, once again, Donald Trump is totally unfit and unqualified”.
Hmm. I seem to recall he was the only one who went to Louisiana and brought food and supplies and assessed the damage. On his own plane, not one funded by the taxpayers.
It was one of those “damned if you do, damned if you don’t things.” If he didn’t, he’d be accused of “not caring” and “not being presidential”. And when he did, the screaming deviants accused him of a cheap photo-op.
Meanwhile, Hillary was taking “the treatment”.
Well, humans did start burning simple oils for light starting over 1,000 years ago, so clearly that hurricane in the 18th century was due to humans.
Whew! Did anyone see the cyberwar that took place last night over the latest Clinton email dump? Servers around the world were ddos’ed as the archive was spread like a wildfire. Knowing what we know about the clinton camp and their inability to secure anything, its safe to say the US govt (paid for by your taxpayer dollars) will be collecting some overtime from last nights attempt to suppress the information from coming out. Makes you wonder what percentage of the total US budget is devoted to hiding what the US government itself is up to - thanks Big Brother, where should I send the check?
Emails are interesting - more of Bill Clinton and his bimbos, possibly classified information being transmitted in the open (with a general using a private email server as well?), lots of hatred for Bernie - they call him grumpy and theres lots of hate for socialism in general. Wait, wut? More violations of campaign finance laws, coordination with the media and hollywood types. Oh, and Obama lied, again - knew full well about what she was up to and coordinated to suppress reporting of it.
You can find more on:
https://www.reddit.com/r/The_Donald/comments/567l7e/breaking_clinton_foundation_emails_leaked_get_in/?sort=new
I think the Clintonistas (and really most of our current government) can best be described as creating a shadow government that acts like a mafia, bullying anyone who dares to cross them. Cant find any really core principles except an unbridled lust for power and a willingness to attack and destroy any challengers.
Everything the Clintons touch turns to schitt. Everything. That includes the US of A. Even the planet. Until this election cycle, I had no idea about the tentacles of the Clinton Foundation.
Here’s how morally bankrupt they are: both will do a Ken Lay and bite the biscuit, leaving Chelsea holding the bag. No one will shelter Chelsea like they sheltered her parents. Chelsea will be the patsy, the one sitting in a jail cell for decades. The smartest thing she could have done was to cut ties with her parents and gone off to live in obscurity in flyover. Then again, maybe she’ll wise up and enter the witness protection program. And she may be lucky enough, when Trump takes office, to have Ivanka intervene on her behalf.
what is the difference between HRS’s “private server” and all of us using Outlook where are mail was all on our PC and nowhere else?
What did you say your IQ was?
Great answer. Are you busy making posters today?
Where’s that photo of the trout stream in Idaho? I want to put it on one of my posters.
I think you already have it on your wall.
Or the photos from DNC in Philly? Either would do.
Probably something to do with security and archiving protocols related to being secretary of state. She clearly didn’t follow either with her “private server”.
Not sure what you mean by “using Outlook where are[sic] mail was all on our PC and nowhere else?” Are you implying that when I open Outlook and view email those messages aren’t stored on the exchange server run by my company?
yes, internal but not on the “cloud” to be scanned by NSA.
she was not a “Company” with many users.
I dont trust the gov to keep my email safe.
you make it sound like she had a mainframe setup in her house with no ability to access except at the console. her setup was certainly hackable, especially given the dolt trotted out as responsible for setting it up. additionally, her emails were stored on the cloud, unbeknownst to her. for someone with top security clearance, she’s proven herself corrupt and inept at the same time. rather scary.
http://www.mcclatchydc.com/news/nation-world/national/article37968711.html
“A Connecticut company, which backed up Hillary Clinton‘s emails at the request of a Colorado firm, apparently surprised her aides by storing the emails on a “cloud” storage system designed to optimize data recovery.
The firm, Datto Inc., said Wednesday that it turned over the contents of its storage to the FBI on Tuesday.
Read more here: http://www.mcclatchydc.com/news/nation-world/national/article37968711.html#storylink=cpy“
You can’t be serious.
HRC, instead of using her employer’s e-mail system (protected by her employer’s IT staff, security experts, etc.), she used her own, in her house.
If a Google, Facebook, MSFT, Apple, GE, Wells Fargo, etc. employee did this, they would be fired.
Looks like it is trickling down, the rich need to be served:
Since 2014 The US Has Added 547,000 Waiters And Bartenders And Lost 32,000 Manufacturing Workers
Vote for Hillary if you want more of this.
All I can do is vote against Trump. Letterman told me to.
All I can do is vote against Trump. Letterman told me to.
So you are coming around to voting Hillary? Which was your plan all along, wasn’t it?
All the things about you being a libertarian and voting Johnson or Stein was all BS…..Many knew your BS by miles….
I am a libertarian. I’ll vote for the candidate that gives me less gov.
walls, wars, deportations, lawsuits, debts and yuuuuge military are not less spending and less gov.
I’m voting Weld
Johnson needs ties and pointy shoes
“Which was your plan all along, wasn’t it?”
Why would you make such a nonsensical assumption? Maybe he watched the debate and realized Trump is utterly unqualified…
Maybe he watched the debate and realized Trump is utterly unqualified…
I guess you found your excuses. What are the qualifications? He’s a 70 yr old NB US Citizen. What other qualifications one need? Does he need to earn 250k per speech to GS?
I am trying to find what candidate is for “trickle down” economics, which one is a Reagan fan? still looking.
I’m your new president. Pleased to meet you.
What are you going to do if you don’t win the election?
Which one is more likely to admire Andrew Jackson?
From Melbourne friends say storm was vs.
Btw ,other than dallas are there any perky markets remaining?
And I’m not believing the Dallas hype.
I’ve posted reports of the high end in Dallas going down. You never know exactly where things are at. Vancouver was breaking down since January and it didn’t get reported until May or June. Now it’s chaos.
Define perky.
Well, I’m north of Dallas in Frisco. Real estate is all anyone talks about and they say it’s “cool”. But everyone is convinced that the fact that 5,000 Toyota workers are coming to Plano means a revival of the entire housing market. I pointed out to one person recently that, in a metro area with 6.6 million people, 5,000 isn’t even noticeable. They didn’t like that. “Toyota is coming” has become the local mantra. Smells a little desperate to me.
As I said yesterday, globalism is behind open borders. They talk about it openly:
‘The G20 warned Friday of the risks to the global economy of populist politicians playing up anti-globalization sentiments to win votes. Kim urged world governments to banish “the storm clouds of isolationism and protectionism,” saying that open borders had lifted a billion people out of poverty in over a quarter century.’
These people with high, guaranteed salaries jet in, take limos to little confabs in five star hotels, where they meet behind closed doors, have secret talks. While the global economy sucks, the rich get richer, the poor poorer. It just ain’t working Kim. We need to try something else.
here’s an idea: either dissolve the UN, or at least have the US withdraw from it.
And, as my father used to say, admit the UN to Red China.
PB posted this elsewhere:
The Financial Times
Globalisation
Trump angst looms over economic elite at IMF meetings
Global policymakers fret discreetly about Republican candidate
Donald Trump. It is beyond hope that he will moderate his attacks
© Reuters
4 hours ago
by: Shawn Donnan and Claire Jones in Washington
‘The world’s economic elite spent this week invoking fears of protectionism and the existential crisis facing globalisation while avoiding any mention of Donald Trump by name.’
‘But the US presidential candidate and his anti-establishment politics have loomed large at this week’s annual meetings in Washington of the International Monetary Fund and World Bank. He has been a sort of Voldemort for the global economic order — like the villain in Harry Potter, his name is spoken only in hushed tones and behind closed doors.’
“It is terrifying,” said one senior official of the prospect of a Trump victory in the November 8 election before laying out a scenario in which a President Trump would lead the US into a default on its debts, the collapse of the dollar and US treasuries as safe haven assets and the tumbling of the global economy into a 1930s-like crisis.’
The world’s economic elite can go pound sand. Brexit was supposed to be Hitler too.
I’m not the only one who’s noticed an increase in the use of the word elite in the media. I was thinking; it’s pretty much always the globalists. The EU, the IMF, central banks, those sorts of things. Davos, but that’s globalists too. I’ll have to watch this and keep track. But really, one would think the media would be a little embarrassed to be kissing ass so much. Maybe it’s propaganda.
Well, now they can talk about Trump’s “lewd” comments about women on the Access Hollywood bus. That’s the important thing.
As opposed to the data dump of Hillary’s speeches and Podesta emails.
What’s interesting about the Podesta emails is that Podesta himself made some statement to the press a few months ago that he thought the public could handle hearing about extra-terrestrial life:
http://www.cnn.com/2016/04/07/politics/john-podesta-hillary-clinton-ufo/
And there’s some information to that effect in his emails with former astronauts. Maybe the ETs could do us a favor and beam up the economic elite. Please.
‘Well, now they can talk about Trump’s “lewd” comments about women on the Access Hollywood bus. That’s the important thing.’
I guess Trump better not get too carried away on the Bill & Monica story?
“‘I’ve got this property and I want to sell for a high price to the Chinese.’”
TOO LATE. NO CHAIR FOR YOU!
Biden at Clinton Rally: I Know Some of You Aren’t Crazy About Hillary
BY: Jack Heretik
October 7, 2016 1:25 pm
Vice President Joe Biden admitted at a Hillary Clinton rally on Friday that many of those in attendance are not the biggest fans of Clinton.
“No one ever doubts I mean what I say, the problem is sometimes I say all that I mean,” Biden said. “But I know some of you and some of the people you’re trying to convince aren’t crazy about Hillary, I know that.”
http://freebeacon.com/politics/biden-clinton-rally-know-arent-crazy-hillary/ - 80k -
A vote for Hillary is a vote for Goldman Sachs, crony capitalism, corporate statism, and endless neocon wars, aka the status quo.
you can grab their ____y, when you are a start ( an orange star)
uhggg….. can it get any worse for women voters?
A lot of women will die if warmongering Hillary is elected.
“can it get any worse for women voters?”
Way worse.
Exclusive: ‘Hillary Clinton Took Me Through Hell,’ Rape Victim Says
The woman at the center of the scandal over Hillary Clinton’s defense of an alleged child rapist speaks out in depth for the first time.
Josh Rogin
06.20.14 7:24 AM ET
The victim’s allegation that Clinton smeared her following her rape is based on a May 1975 court affidavit written by Clinton on behalf of Thomas Alfred Taylor, one of the two alleged attackers, whom Clinton agreed to defend after being asked by the prosecutor. Taylor had specifically requested a female attorney.
“I have been informed that the complainant is emotionally unstable with a tendency to seek out older men and engage in fantasizing,” Clinton, then named Hillary D. Rodham, wrote in the affidavit. “I have also been informed that she has in the past made false accusations about persons, claiming they had attacked her body. Also that she exhibits an unusual stubbornness and temper when she does not get her way.”
Clinton also wrote that a child psychologist told her that children in early adolescence “tend to exaggerate or romanticize sexual experiences,” especially when they come from “disorganized families, such as the complainant.”
The victim vigorously denied Clinton’s accusations and said there has never been any explanation of what Clinton was referring to in that affidavit. She claims she never accused anyone of attacking her before her rape.
“I’ve never said that about anyone. I don’t know why she said that. I have never made false allegations. I know she was lying,” she said. “I definitely didn’t see older men. I don’t know why Hillary put that in there and it makes me plumb mad.”
The victim’s second main grievance with Clinton stems from the newly revealed audio recordings, which were taped in a series of interviews of Clinton with Arkansas reporter Roy Reed, who was researching an article on the Clintons that was ultimately never published. The Free Beacon found the tapes archived at the University of Arkansas in Fayetteville, amidst thousands of pieces of Clinton history that are being periodically released for public consumption.
On the tapes, Clinton, who speaks in a Southern drawl, appears to acknowledge that she was aware of her client’s guilt, brags about successfully getting the only piece of physical evidence thrown out of court, and laughs about it all whimsically.
“He took a lie detector test. I had him take a polygraph, which he passed, which forever destroyed my faith in polygraphs,” Clinton says on the recording, failing to hold back some chuckles.
She then describes how she discovered that investigators had cut out and lost a section of the suspect’s underwear that they said contained the victim’s blood. Clinton brought the remaining underwear segment to a Nobel Prize-winning blood expert in Brooklyn, NY, she explained, in order to convince him to lend his heavyweight reputation and influence to her defense case.
“And so the, sort of the story through the grapevine was, if you get him interested in the case, then you know you had the foremost expert in the world willing to testify so that it came out the way you wanted it to come out,” Clinton said.
Clinton told the judge that the famous expert was willing to testify. Instead of the original charge of first-degree rape, the prosecutors let Taylor plead to a lesser charge: unlawful fondling of a child. According to the Free Beacon, Taylor was sentenced to one year behind bars, with two months reduced for time served. The second attacker was never charged.
“Oh, he plea bargained. Got him off with time served in the county jail, he’d been in the county jail about two months,” Clinton said on the recording, apparently not remembering the sentence accurately.
http://www.thedailybeast.com/articles/2014/06/20/exclusive-hillary-clinton-took-me-through-hell-rape-victim-says.html - 118k -
http://www.nbcnews.com/politics/2016-election/gop-piles-donald-trump-over-remarks-women-n662276
A bunch more Republicans are withdrawing support of Dump.
Who cares. They won’t be missed. Trump says nasty things about dames, Hillary gets American Ambassador murdered. Yeah, that’s about the same.
Any “Republican” who doesn’t vote for Trump isn’t a Republican. Hillary or Donald? If you have to think about this choice, you’re already dead.
It should be obvious by now that Trump has been purposely campaigning for Hillary all along. He’s made fools out of millions of people and at the least they outed themselves as racists. We will have at least four more years of wars under Hitlary.
‘He’s made fools out of millions of people and at the least they outed themselves as racists’
So I’m a racist? Why are you posting here on a racist blog? Why should I let you comment here if that’s the way you feel? You know, you can always leave, no skin off my back. You don’t seem to be interested in anything but getting Hillary elected anyway.
Did you see my sentence that we will have four more years of war under “Hitlery?”
How does that make you think I support her at all?
You just said I was a racist. You aren’t the first. But you are on thin ice thinking you can comment on my blog with slander like that.
‘He’s made fools out of millions of people and at the least they outed themselves as racists’
Strictly speaking, that statement does not logically translate into ‘all Trump voters have outed themselves as racists.’
“at the least they outed themselves as racists.”
Bill I know you are a smart guy but if you honestly believe that then Will Rogers was right.
“Everybody is ignorant, only on different subjects.”
‘at the least they outed themselves as racists’
‘At the least’
I pay for this blog. Don’t forget that.
“‘at the least they outed themselves as racists’
‘At the least’
I pay for this blog. Don’t forget that.”
Ben you’re a saint with your level of patience. I’m jumping up and down like Joe Pesci in Good Fellas over here. lol
This is not how you prepare for a storm.
Hurricane Mathew Walmart Brawl over Water … - YouTube
https://www.youtube.com/watch?v=LQEwpJj2W0o - 234k - Cached - Similar pages
12 hours ago … Hurricane Mathew Walmart Brawl over Water #HurricaneMathew … panic’ sparks supermarket brawl as two women scrap over last case of .
Kind of sad that the only way the public will ever know what Hillary said in her $250-a-pop speeches to Goldman Sachs is if some hacker divulges them.
https://www.buzzfeed.com/rubycramer/wikileaks-appears-to-release-hillary-clintons-paid-speech-tr?utm_term=.mbr7MPE8D#.dsLLj8KZv
Soros-sponsored fundamental transformation comes to Ocktoberfest.
http://www.foxnews.com/world/2016/10/07/attendance-plummets-at-oktoberfest-amid-fears-refugee-sex-assaults.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+foxnews%2Fworld+%28Internal+-+World+Latest+-+Text%29
RIP, rule of law. Crooked Hillary and the .1% need not fear the FBI or our captured judiciary.
http://nypost.com/2016/10/06/fbi-agents-are-ready-to-revolt-over-the-cozy-clinton-probe/
President Hillary = Chief Justice Michelle Obama
Leaked Emails Show Clinton Campaign Coordinating With Soros Organization
Peter Hasson
Reporter, Associate Editor
8:21 PM 10/07/2016
Leaked emails from Hillary Clinton campaign manager John Podesta’s personal email account published by WikiLeaks reveal the Clinton campaign’s coordination with George Soros’s Open Society Foundations on the subject of police reform.
Soros, who has given almost $10 million to Clinton super PAC Priorities USA, is a major funder of Black Lives Matter. The Washington Times reported in August that Soros has given at least $33 million to the group through the Open Society Foundations (OSF), which he funds and controls.
Both OSF and Clinton have called to crack down on police officers’ “implicit bias.”
As reported by The Daily Caller last month, internal OSF documents say the mainstreaming of “implicit bias” is meant to serve as a foundation from which to overhaul the nation’s anti-discrimination laws and make it easier to file racial discrimination lawsuits by eliminating the need to prove intent.
Read more: http://dailycaller.com/2016/10/07/leaked-emails-show-clinton-campaign-coordinating-with-soros-organization/#ixzz4MSVkqDC7