October 7, 2016

Grand Ideas Are Floated Toward The Top

A report from Multi-Housing News on Nevada. “Shopoff Realty Investments, a national manager of opportunistic and value-add real estate investments, has announced the purchase of Sky Pointe Landing, a 624-unit apartment community located in northwestern Las Vegas. ‘Our strategy is to bring the asset up to modern standards, improving the living experience for the residents and with that, the value of the asset,’ David Placek, executive VP of Shopoff Realty Investments, said in prepared remarks.”

“‘As a market, Las Vegas is coming back from the depths of the 2008 Great Recession, with steady job growth a greatly reduced inventory of shadow market single family homes which is helping to push market rents and occupancy for apartments across the Las Vegas Valley,’ stated William Shopoff, CEO of Shopoff Realty Investments.”

From KQED in California. “The fight over who is responsible for California’s fast-rising rents and its housing crisis is playing out on ballots across the Bay Area. There are six cities in the region asking voters to weigh in on ballot measures that would limit certain evictions and make it harder for property owners to raise rents. The new and proposed laws have caused some smaller landlords to feel that they, too, might get priced out of the city. Karen Francisco, a 69-year-old landlord, bought her fourplex right near Lake Merritt in 1979. It’s an older building from the 1930s. All four families who live in the building, including herself, share one furnace.”

“Francisco wants to pay to install separate heating units. She also wants new windows with thicker panes, but she can’t afford it. She estimates she’s spending about $1,000 more each month than she makes in income, she said. ‘I was ready to move out because I couldn’t afford it. But I’ve changed my mind because I’m not ready to go,’ she said. But she also can’t afford to stay.”

The Los Angeles Times in California. “In downtown Los Angeles, cranes dot the skyline, operated by workers busy erecting new hotel, condominium and apartment towers. In all, more than 10,000 residential units are under construction, with thousands more planned. And now, with the building boom reaching new heights, a developer is proposing the most futuristic plan yet: a nearly 60-story condo tower where home buyers will swim in their own lap pools that extend from their units and hover above the street.”

“The proposal also comes as some in the real estate industry wonder how long the current boom can last and whether some recent plans will go the way of Park Fifth. Grand ideas are floated toward the top of every real estate cycle, only to never see the light of day after the market turns south and financing becomes hard to get.”

“Already, some new luxury apartment buildings are offering a free month’s rent to lure tenants. The trend is worrisome for developers, although welcomed by housing advocates who hope that the supply can lower the cost of rentals. Any concerns, however, haven’t dampened a flurry of recent skyscraper proposals.”

From Chalkbeat Colorado. “Aurora Public Schools is preparing to slash $3 million from its budget in the face of its largest enrollment decline in decades, a sign that the metro area’s skyrocketing housing costs are transforming what has long been an affordable alternative for low-income families. The number of students who showed up at Aurora schools this fall was less than school district officials had expected, especially in lower-income schools.”

“Looking to the coming years, officials are now expecting more budget cuts — and in the next round, schools and teachers would not be shielded from the impact. Enrollment eventually will stabilize and may grow again, officials predict, but the city could look different by then. ‘Aurora has lots of developable land,’ said Josh Hensley, planning coordinator for Aurora Public Schools. ‘There are several hundred homes being completed,’ many of them with more expensive price tags than what has been the norm in Aurora.”

The Denver Post in Colorado. “Metro Denver rent increases, after slowing this year, should kick it up a notch next year, with the biggest hikes coming in more affordable areas and outlying communities such as Bailey, Elizabeth and Black Hawk, according to Zillow. Of the 11,000 new apartments arriving this year in metro Denver, almost all are coming with pricier rents in a small number of urban neighborhoods. A big theme next year will be high-rise luxury, with 10 projects at 12 stories or taller, including one at 34 stories and another at 31 stories, currently underway in either downtown Denver or in Five Points.”

“‘A lot of the new product is being built in the central core. As more and more units come on, that market will get softer,’ said Richard Bird, Rocky Mountain district manager for Marcus & Millichap.”

“All the new construction is capping rent increases in the luxury apartment market. Class A apartments in metro Denver rent for $1,765 a month on average and have a 7.5 percent vacancy rate, while class C units, with an average rent of $997 a month, have a low vacancy rate of 2.6 percent, according to Marcus & Millichap. Bird said investors are showing a greater interest in older buildings in outlying suburbs passed over earlier. But they are paying a premium, and that could come back to bite them and their tenants.”

“‘In order to have any cash flow, they have to push the rents up,’ he said.”

From Realtor.com. “Prices have been rising in Portland as the city’s population has spiked in the past few years. ‘The rents have gone up so much that it makes sense to buy,’ local Realtor® Dawn Barry-Griffin of Portlandia Properties says of the increases over the past few years. ‘That’s really a big reason why a lot of people who have been here for the last five years are buying.’”

“Despite the influx of new residents, home prices are now beginning to soften—particularly in the $500,000-and-up range, Barry-Griffin says. She’s still seeing multiple offers on more affordable properties under $350,000. However, over the past two months, bids are only typically 1% to 2% over the list prices compared with higher percentages just a few months ago.”

“Median prices in Denver are also starting to come down. They were up 12.99% in September compared with the same time a year ago, but were down 0.57% from a month earlier, according to the Denver Metro Association of Realtors.”




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131 Comments »

Comment by Ben Jones
2016-10-07 18:47:07

‘All the new construction is capping rent increases in the luxury apartment market. Class A apartments in metro Denver rent for $1,765 a month on average and have a 7.5 percent vacancy rate’

Same paper reported it’s over 14% when incentives are calculated. 14% means they are losing money.

‘Bird said investors are showing a greater interest in older buildings in outlying suburbs passed over earlier. But they are paying a premium, and that could come back to bite them and their tenants. ‘In order to have any cash flow, they have to push the rents up,’ he said.’

It’s on a self-destructive course and has been for a while. To have ANY cash flow, because they are paying too much. Push one market to the brink, move on and do the same to others. Not driven by supply and demand, but money chasing yield. One recession and boom, it’ll all come down.

 
Comment by Ben Jones
2016-10-07 18:54:01

‘She estimates she’s spending about $1,000 more each month than she makes in income, she said. ‘I was ready to move out because I couldn’t afford it. But I’ve changed my mind because I’m not ready to go,’ she said’

Get some boxes Karen.

Comment by Raymond K Hessel
2016-10-08 05:07:10

But…but…entitlement!

 
Comment by Blue Skye
2016-10-08 05:10:31

What’s the rest of the story? She shouldn’t have any debt on the place after almost 40 years, right? How much could it cost to heat even a drafty old house in Oakland?

Comment by ibbots
2016-10-08 13:06:45

Californians are inherently temperature sensitive, myself included when I lived there. It was funny, we’d be at a cookout, suns out, everybody’s in tanks and flip flops. A little beach layer rolls in, out come the hoodies and Uggs. A change of 3 degrees would require a total wardrobe change.

Oakland can get cool in the evenings, into the 50’s. We had a gas furnace in our house when I lived there but only ran it when we had company, girlfriends stay over.

This gal should be able to clear at least $1M if she bought in 1979. She likely pulled cash out etc. She’ll still likely walk a way with significant cash in her pocket. Lake Merritt area has really appreciated.

 
 
 
Comment by Ben Jones
2016-10-07 19:01:12

‘a nearly 60-story condo tower where home buyers will swim in their own lap pools that extend from their units and hover above the street’

My count of these is three. First one was an apartment in Houston. It just had a main pool, not individual pools for each unit.

Comment by Blue Skye
2016-10-08 05:18:36

“Grand ideas are floated toward the top of every real estate cycle, only to never see the light of day after the market turns south and financing becomes hard to get.”

 
Comment by aNYCdj
 
Comment by Professor Bear
2016-10-08 09:43:21

What kind of ganja do LA real estate developers smoke?

Comment by dropping like a rock
2016-10-08 12:50:37

Whatever China grows.

 
 
Comment by snake charmer
2016-10-08 17:31:42

There’s one in a recently renovated hotel in Melbourne, Australia, that extends partly over the street. I saw it randomly on Google a few weeks ago, as part of a television segment hosted by a comely former Miss Australia, who donned a bathing suit and swam.

The feature reminds me of the Porsche Tower in Miami, with the car elevator that takes your car up 50 stories. It’s peak unnecessary luxury. We’re going to have some green pools high in the sky.

 
 
Comment by SW
2016-10-07 19:51:07

I have heard lots of reports lately of multi family investors buying, upgrading properties, then raising rents and selling or cashing out equity. One bought in Dallas five years ago for $2.5M. Sold recently for $5M. Whoever bought it for $5M must have had to raise rents again.

 
Comment by Don!
2016-10-07 22:03:46

I’ve said some things in locker rooms I wouldn’t want my daughter to hear. And I bet every man in America has, too.

Comment by Professor Bear
2016-10-07 22:39:16

Why is this stupid post relevant to anything anyone cares about?

 
Comment by Professor Bear
2016-10-07 23:03:11

Locker room talk?

“If Ivanka weren’t my daughter, perhaps, I would be dating her.”

 
Comment by Professor Bear
2016-10-07 23:23:39

Groper

 
Comment by Professor Bear
2016-10-07 23:28:47

Did your lewd remarks and behavior just lose you the Christian conservatives? (Albeit, I don’t expect Lyin’ Ted to budge from his newfound allegiance to your candidacy.)

Politics
The Latest: Utah’s Lee calls on Trump to quit after apology
A clock sits outside of Trump Tower at midnight on, Saturday, Oct. 8, 2016, in New York. Republican presidential candidate Donald Trump blurted out lewd and sexually charged comments about women as he waited to make a cameo appearance on a soap opera in 2005, a revelation that led him to issue a rare apology.
(Evan Vucci/Associated Press)
By Associated Press October 8 at 1:24 AM

WASHINGTON — The Latest on the U.S. presidential race (all times EDT):

1:05 a.m.

Utah Sen. Mike Lee is the latest Republican member of Congress to call on Donald Trump to drop out of the race for president.

Lee is responding to Trump’s apology for making crude comments about women and his defiant assertion that those remarks from 2005 are a “distraction from the important issues we’re facing today.”

Lee says in a video posted on his Facebook page early Saturday morning: “You, sir, are the distraction. Your conduct, sir, is the distraction.”

Lee adds the goal of the GOP is to defeat Democratic nominee Hillary Clinton. For that reason, he says, Trump should step aside.

 
Comment by Professor Bear
2016-10-07 23:36:23

If a Democratic president were caught engaging in this sort of behavior, I am sure the Republicans would call for his impeachment.

Perhaps a different set of rules apply to their own candidates?

The floodgates are opening with prominent Republicans calling on Trump to step down
Bryan Logan

Calls for Donald Trump to remove himself from the presidential race rushed in late Friday and into Saturday morning from prominent Republican officials.

The last couple weeks for the real-estate businessman have gone from disappointing to near-apocalyptic.

Now, a bombshell audio recording that is shaping up to be the GOP nominee’s biggest campaign scandal has forced some Republicans to hit the panic button.

GOP Sen. Mark Kirk of Illinois said on Friday Trump “should drop out” and the Republican National Committee “should engage rules for emergency replacement.”

Comment by palmetto
2016-10-08 07:59:07

Yah, some of these guys really shouldn’t go there. Like Paul Ryan. He really, really, really doesn’t want to go there.

Comment by butters
2016-10-08 08:14:35

The usual suspects and their phony outrage.

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Comment by Professor Bear
2016-10-08 00:56:49

Politics
Billy Bush Says He’s Ashamed by Lewd Talk With Donald Trump
By MICHAEL M. GRYNBAUM and JOHN KOBLIN
OCT. 7, 2016

Comment by palmetto
2016-10-08 07:57:50

But I guess he’s not ashamed of his uncle’s phony war in Iraq and the thousands dead and maimed, the lies, the torture, the destruction.

 
 
Comment by Professor Bear
2016-10-08 01:01:25

I would think a typical Republican would be embarrassed for Trump to represent their party.

The ‘p-word’ problem: Trump’s comments pose issue for news outlets
by Frank Pallotta
October 7, 2016: 7:47 PM ET
Trump’s uncensored lewd comments about women from 2005
WARNING: This story contains graphic language.

 
Comment by taxpayers
2016-10-08 03:56:43

Trumps likes girls !
Ickky
On the over hand,Hilary is untouched for 20 years
Inventory tight as n Va awaits Hilary and the big spend

Comment by Professor Bear
2016-10-08 07:51:20

“Trumps likes girls !”

So does Bill Clinton. Apparently it’s kind of an alpha male thing.

But that’s beside the point, which is that Trump is the candidate in the party of the religious right, anti-abortion and moral purity in general. Remember how the Republicans led the move to impeach Bill Clinton over the Monica Lewinsky scandal? Lots of these folks will have trouble supporting Trump, given his image as an extra-marital philanderer.

Comment by butters
2016-10-08 08:01:27

Those republicans are for Killary anyway. Trump has his own brand of supporters…they are neither republicans nor democrats.

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Comment by palmetto
2016-10-08 08:03:44

The difference is, clearly Trump backs off and admits defeat when a gal turns him down. Bill Clinton gets enraged and rapes.

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Comment by Professor Bear
2016-10-08 08:53:38

“Bill Clinton gets enraged and rapes.”

Do you have anything to back this up, or is this just your own opinion?

 
Comment by palmetto
2016-10-08 09:06:16

Plenty. It’s all out there for anyone who cares to look. The names, the events. Since you seem to have plenty of time on your hands, if you’re really interested, you can research it yourself.

Bill Clinton is a rapist.

 
Comment by Professor Bear
2016-10-08 09:45:30

How about a link to a news article?

 
Comment by palmetto
2016-10-08 10:40:31

Start here, go from there. If you really care about it, that is. Which I don’t think you do.

https://en.wikipedia.org/wiki/Bill_Clinton_sexual_misconduct_allegations

https://en.wikipedia.org/wiki/Juanita_Broaddrick

 
Comment by butters
2016-10-08 12:08:02

Which I don’t think you do.

Never has never will. Look Trump, he’s so racist!

 
Comment by Professor Bear
2016-10-08 12:29:27

A Wikipedia link to a post about allegations is not a news article. Since you apparently have plenty of time on your hands, would it be possible for you to post a news article that confirms your claim that Bill Clinton is a rapist, so we will know that you are not slandering him?

 
 
Comment by traderjack
2016-10-08 12:34:34

with due respect I think that the Republican party is just a bunch of Americans that have every sin, belief, and virtue of any American citizen, when it comes to their personal life, and B Clinton was impeached for telling lies, not convicted and thereby set the standard for future lies by the government.

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Comment by azdude
2016-10-08 05:24:32

I wonder how much bill bush was paid to dig that up?

This election is a joke. Its like who can dig up the most dirt on the other candidate.

Comment by palmetto
2016-10-08 07:51:32

“I wonder how much bill bush was paid to dig that up?”

Bush. There it is, right there. Bush. After all, he IS a member of that family and blood is thicker than water.

BTW, who did NOT know that Trump was like this? The stories are legendary since the 1980s. The faux outrage is way over the top.

Comment by Tarara Boomdea
2016-10-08 10:37:13

BTW, who did NOT know that Trump was like this?
New Yorkers certainly did. However, he was well liked by construction workers (though they didn’t like him employing illegal aliens on job sites.)

No excuse for Trump, but I’ve heard far worse said by guys with far less going for them. I was in the bar biz and was always fascinated when I heard unattractive men critiquing very attractive women. The “she wouldn’t —- on you if you were on fire” bunch.

Still, there is no choice. Didn’t we derive a benefit from Reagan’s “fear factor”? Trump says he’s anti-war. His unpredictability makes you wonder if he’ll stay that way. Maybe that could be a deterrent.

If the press was doing their job, war/financial criminals and their responsibility for untold suffering and deaths would be topic #1.

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Comment by Ben Jones
2016-10-08 11:26:41

‘If the press was doing their job, war/financial criminals and their responsibility for untold suffering and deaths would be topic #1.’

As individuals we can determine what the critical issues are. The media is what we all saw it becoming years ago; tools for big corporations. There are so many people dying for no reason everyday. No reason that I can see. We sell arms to the Saudi’s and give them cover from war crimes while they pummel one of the poorest countries on the planet, Yemen. Where is the discussion of this in congress? In the debates? Turkey refuses to leave Iraq. When in the heck did it become acceptable for a member of NATO to just storm into any country they want? What’s our position on that? Syria is going down in the history books as far worse than Vietnam. We’re on the verge of WW3 and the media is pounding the table for war! The person largely responsible for Libya and Syria is running for president. She should be in prison for life on war crimes.

 
Comment by aNYCdj
2016-10-08 14:03:10

not to mention the insane amount of functional illiteracy we have in this country and how almost every person shot by a cop would never be able to read the NY Times out loud, let alone People magazine….

If the press was doing their job, war/financial criminals and their responsibility for untold suffering and deaths would be topic #1.

 
 
 
Comment by In Colorado
2016-10-08 10:20:55

I’ll take a groper over a globalist any day.

Comment by butters
2016-10-08 11:39:22

Secretly, I think Trump is a globalist, too.

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Comment by Blue Skye
2016-10-08 05:34:25

He is as guilty as can be of rude speech crimes. At times he talks like a biker, or a boater, or a construction worker or a teenager in the locker room.

This disqualifies him from speaking to political corruption, grand theft, murder and real philandering in the highest office of the land.

Comment by butters
2016-10-08 05:46:15

You are all racists per some bloggers here.

 
Comment by palmetto
2016-10-08 06:50:03

Interesting that he wasn’t bragging about a conquest. He was willing to admit he couldn’t close the deal. Doesn’t sound like a narcissist to me. He just endeared himself to legions of men everywhere who have tried and failed. And probably to attractive married women who have found themselves on the receiving end of a heavy-handed pass. Yeah, take THAT, Donald! Can’t be bought for the price of a sofa.

The last bit about crotch-grabbing was a tad much, though. But probably true, alas.

Comment by Professor Bear
2016-10-08 07:52:25

“Interesting that he wasn’t bragging about a conquest. He was willing to admit he couldn’t close the deal.”

Is that really the important detail here?

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Comment by palmetto
2016-10-08 08:00:52

It speaks to humility.

 
Comment by scdave
2016-10-08 08:12:43

It speaks to humility ??

LOL….Trump, Humble ??

 
Comment by Blue Skye
2016-10-08 08:28:48

No, PB is right. The important detail here is that Clinton grabbed him by his b***s. Probably though, she is too gentile to express herself that way, even among her girl friends. No woman I ever met talked that way (sarc/off).

 
Comment by palmetto
2016-10-08 08:31:14

Yes, yes he is. It takes a lot of humility for a guy with a reputation as a stud to admit he was turned down. And to admit it happened after throwing a Hail Mary pass like going so far as to help a woman with furniture shopping, even more so.

Also we learned he’s not a fan of fake tits.

 
Comment by Professor Bear
2016-10-08 09:47:38

“Also we learned he’s not a fan of fake tits.”

How presidential.

 
Comment by butters
2016-10-08 11:40:41

How presidential.

Not at all. He just needs to take 250K per speech in bribe money. That’s the most presidential thing anyone can do.

 
 
 
Comment by scdave
2016-10-08 08:01:09

Comment by Blue Skye
2016-10-07 12:18:08
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 ??

First, 10 year old is not “preteen” for a girl…More like 12 years old when puberty has hit or coming quickly…You are the last one on the blog that I thought would have the capacity (empathy you might say) to know how a young girl feels about their body and looks at this stage in their life…Trump is a sick male, and deserves everything and some that he is getting right now…

Comment by palmetto
2016-10-08 08:17:56

My younger sister made fun of me when I busted out with some big time zits.

Then she hit puberty and it was her turn. She never called me “Pizza Face” after that.

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Comment by scdave
2016-10-08 08:30:14

Then she hit puberty and it was her turn ??

Which is exactly my point with Blue Skye’s “absurd” comment…Like I said, the ad with the preteem girls resonates “Big Time” with every female voter even with the few that may vote for ugly trump..

 
Comment by palmetto
2016-10-08 08:41:24

But wouldn’t you think there would be a cure for zits by now? I don’t care what gender a person is, when you’re a teen or an adolescent, it’s miserable. I’m just glad I had the garden-variety type zits, not the acne stuff that left people looking like smallpox victims.

Supposedly that Pro-activ stuff works, but back in the day, all we had was Propa PH and Stridex. And some sort of mustard-looking ointment. And heat lamps. That’s how desperate we got.

 
 
Comment by Blue Skye
2016-10-08 08:36:12

Dave,

I was a single dad. I raised three wonderful girls. Preteen is just the beginning of many emotional hurdles. They thought I did OK.

Puberty usually starts between age 10 and 14.

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Comment by palmetto
2016-10-08 09:22:14

I am always humbled by your posts. To paraphrase something from the Bible: “Thy children shall rise up and honor you.”

 
Comment by scdave
2016-10-08 10:50:17

I raised three wonderful girls ??

Did any of them marry someone the likes of Trump ??

 
Comment by palmetto
2016-10-08 11:29:26

“Did any of them marry someone the likes of Trump ??”

What a schiddy little cheap shot. I don’t mind if you do that kind of stuff to me, I’m used to it and I’ve made some cheap shots myself. But Blue? A kind, decent guy with his own hard won wisdom who has just told you he raised three daughters on his own?

You got some nerve, buddy.

 
Comment by butters
2016-10-08 12:04:37

No they wanted to marry stellar men like Clinton, Weiner, Filner, etc, but these men were busy fighting for womyn’s causes. They just settled with normal average men.

 
Comment by Professor Bear
2016-10-08 12:58:08

“Did any of them marry someone the likes of Trump ??”

You bring to mind my daughter’s Mexican boyfriend…the one who is voting for Trump.

 
Comment by butters
2016-10-08 16:01:58

Why are you letting your aughter date a racist?

 
 
 
 
Comment by Professor Bear
2016-10-08 06:55:25

How are The Groper’s poll numbers looking this morning?

Comment by palmetto
2016-10-08 07:39:56

Joe Biden isn’t running.

 
Comment by butters
2016-10-08 08:04:09

His numbers just went up because this election has never been about Trump.

 
 
Comment by phony scandals
2016-10-08 07:09:13

What are Hillary and the MSM going to do when Deplorable Nation tells them to fuque off again with their latest stashed and remastered Trump scandal?

Now excuse me while I read up on…

Bill Clinton’s anti-Obamacare remarks

Updated by Sarah Kliff @sarahkliff sarah@vox.com Oct 4, 2016, 4:10p

Former President Bill Clinton’s unexpected remarks about Obamacare — delivered Tuesday at a Hillary Clinton rally in Michigan — were so negative, they might have felt more at home in a Republican stump speech.

“You’ve got this crazy system where all of a sudden 25 million more people have health care, and then the people that are out there busting it — sometimes 60 hours a week — wind up with their premiums doubled and their coverage cut in half,” Clinton said at a rally Tuesday morning in Flint, Michigan. “It’s the craziest thing in the world.”

http://www.vox.com/policy-and-politics/2016/10/4/13162654/bill-clinton-obamacare - 133k -

And…

Wikileaks releases what appear to be excerpts of Clinton’s paid speeches

Cooper Allen and Heidi M Przybyla ,
USA TODAY 10:44 p.m. EDT October 7, 2016

Clinton’s paid speeches, many to Wall Street firms, came up repeatedly during her Democratic primary campaign against Vermont Sen. Bernie Sanders, who challenged Clinton to release the transcripts.

The Carrk email, which is dated Jan. 25, 2016, according to the Wikileaks release, includes several “flags” for campaign officials to consider, such as one speech in February 2014 where Clinton acknowledges she is “far removed” from the middle-class lifestyle she grew up with.

“My father loved to complain about big business and big government, but we had a solid middle class upbringing. We had good public schools. We had accessible health care. We had our little, you know, one-family house that, you know, he saved up his money, didn’t believe in mortgages. So I lived that. And now, obviously, I’m kind of far removed because the life I’ve lived and the economic, you know, fortunes that my husband and I now enjoy, but I haven’t forgotten it.”

Clinton also discusses trade in one speech, a significant issue in both her primary campaign and in her battle with Trump, and expresses her “dream” of a “hemispheric common market.”

“My dream is a hemispheric common market, with open trade and open borders, some time in the future with energy that is as green and sustainable as we can get it, powering growth and opportunity for every person in the hemisphere.”

http://www.usatoday.com/story/news/politics/elections/2016/10/07/clinton-paid-speech-transcripts-wikileaks/91751472/ - 451k -

Comment by Ben Jones
2016-10-08 07:32:59

Grab her by any means necessary and LOCK HER UP!

Comment by palmetto
2016-10-08 07:54:29

And that’s the gift of this latest Trump “outrage”. As the Dilbert guy just said, now the gloves are off and everything is on the table, so to speak. I look forward to the debate.

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Comment by Ben Jones
2016-10-08 09:19:47

‘From the context it’s clear that Johnson wasn’t just talking about the allegedly accidental bombings by the US that have recently occurred, but also about the policy of regime change Washington has been pursuing in Syria – a policy championed by Hillary Clinton. That’s what the phrase “civilian deaths caused by the American-backed coalition” indicates, and yet the Times piece leads off with something quite different.’

‘The reality is that Washington’s Syria policy of arming, funding, and training “moderate” Islamist rebels has led to the deaths of untold thousands. This is exemplified in the grisly case of a 12-year-old child who was beheaded by US-supported “moderates” near the city of Aleppo. Mrs. Clinton was the leading voice in the Obama administration for expanding US aid to these monsters, and it was under her watch that the rebel group responsible for this atrocity received US taxpayer dollars and assistance. Her ally in the internal debate over aid to the rebels, Gen. David Petraeus, even advocated allying with al-Qaeda.’

‘The idea that the tens of thousands killed by Hillary’s Hellions in Syria carries less moral weight than Assad’s many victims is simply war propaganda of the crudest sort: what kind of theology could possibly sanction such an unbalanced view? Yet this is how the moral compass of the political elites operates, and has always operated. When Madeline Albright made her infamous remarks to Leslie Stahl about the US sanctions that killed hundreds of thousands of Iraqis, her answer — “The price is worth it” – aroused no cries of condemnation from the moralists over at the New York Times for precisely this reason.’

 
Comment by palmetto
2016-10-08 09:43:38

Of course I had to read the whole article and shame on me for not keeping up with Raimondo. He’s got an excellent takedown of Weld there.

And of course, we come back to the fact that Wikileaks did a major dump the same day as this Trump take comes out. And what are people talking about? Trump’s failed pass at a married woman and his very true comments about showbiz groupies.

Not the real issues of corruption, regime change, war and the loss of hundreds of thousands of lives, the maiming and the killings that continue, the Middle East machinations of one of the most evil women on the planet.

 
Comment by Ben Jones
2016-10-08 09:47:26

More than that, unrepentant and loading up with a neocon cabinet to kill even more.

 
Comment by palmetto
2016-10-08 09:59:28

Interesting that you posted Raimondo’s article, and then this pops up on ZH. Everything you know about Aleppo is wrong.

http://www.zerohedge.com/news/2016-10-07/everything-you-hear-about-aleppo-wrong

 
Comment by palmetto
2016-10-08 10:10:35

“More than that, unrepentant and loading up with a neocon cabinet to kill even more.”

Which is nothing more than a suicide mission. Russia, and I’m sure China, will not permit it. They’re willing to go full mutually assured destruction if that happens, so it seems.

 
 
Comment by butters
2016-10-08 08:18:30

Not in the p**** though.

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Comment by palmetto
2016-10-08 08:33:20

OK, now, that’s disgusting, lol.

 
Comment by Professor Bear
2016-10-08 08:57:09

I see no problem here that a little faux apology can’t erase.

 
 
 
 
Comment by aNYCdj
Comment by absolute beginner
2016-10-08 11:23:42

The cover of that book is pure comedy gold. lol

 
 
Comment by Don!
2016-10-08 08:41:02

I hope I’m still that horny when I’m 60.

Comment by Blue Skye
2016-10-08 10:38:23

Start saving for a boat. Nothing too fancy or overpowered. Sensible women have a vulgar saying about a man who buys an overpowered boat.

Comment by butters
2016-10-08 10:39:37

No it’s only Trump who is with the bad mouth.

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Comment by Neuromance
2016-10-08 12:17:52

Tim Kaine was really clutching his pearls over this. He said he felt “sick to his stomach” after hearing the remarks. I thought, “If this makes you sick to your stomach, you shouldn’t be anywhere near the presidency.”

I don’t think people support Trump because they think he’s an innocent Boy Scout.

Comment by Professor Bear
2016-10-08 12:52:53

Opinion: It’s now clear Donald Trump would abuse the powers of the presidency
By Chris Edelson
Published: Oct 8, 2016 2:47 p.m. ET
He said his celebrity status gave him license to assault women — just imagine if he had military control

Voters should consider Donald Trump’s videotaped comments from 2005 when they think about whether to believe his belated promise not to order the military to violate the law.

It’s been just one day, but Donald Trump’s comments are already infamous.

Comment by Bill, Just South of Irvine
2016-10-08 13:55:37

The article does not explicitly say it, but Trump’s consistent pattern of supporting the violation of people’s lives (a woman’s body is her property) is anti libertarian and in other words, authoritarian, his late night apology won’t change that leopard’s spots.

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Comment by butters
2016-10-08 14:17:16

This has to be a joke. We already have a military that’s out of control and Trump is not even president yet.

Jokes write themselves with lamestream media.

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Comment by Bill, Just south of Itvine
2016-10-08 15:01:36

Would you trust him at the switch of a nuclear missile? What about his assault statements makes you think he won’t mean to nuke all humanity?

 
Comment by butters
2016-10-08 15:41:57

Would you trust him at the switch of a nuclear missile? What about his assault statements makes you think he won’t mean to nuke all humanity?

Wasn’t that the same argument made against Goldwater. And what did we get? Vietnam War.

I see the same parallel. With the fear of unimaginable/unthinkable about Trump, we are walking into a sure war with Hillary.

 
 
 
Comment by GuillotineRenovator
2016-10-08 13:09:06

Yeah, get a spine, Kaine. Nobody wants some gutless wimp like that as a “leader.”

“Sick to my stomach” might make sense if he was watching a video of ISIS children beheading kidnapped adults or something.

Comment by phony scandals
2016-10-08 14:13:58

Kaine would be more popular with the “Bucket of Losers” if he came out of the closet.

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Comment by MightyMike
2016-10-08 13:11:14

Tim Kaine was really clutching his pearls over this. He said he felt “sick to his stomach” after hearing the remarks. I thought, “If this makes you sick to your stomach, you shouldn’t be anywhere near the presidency.”

He’ll be one heartbeat away in 3½ months.

Comment by butters
2016-10-08 16:00:47

He will be a lobbyist after he finishes his senate term.

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Comment by Raymond K Hessel
2016-10-08 17:56:05

Tim Kaine is a Nancy-Boy.

 
 
 
Comment by MWR
2016-10-08 05:07:20

Has anyone read/know anything about Jacksonville’s rent situation recently. I am losing my job in the next 4-6 months and thinking about moving there. Based on the apartment web sites there are open units at most apt. complexes but I am not seeing rents come down or incentives showing up yet.

Comment by azdude
2016-10-08 05:25:45

get a camper and live in your truck to save some money.

Comment by GuillotineRenovator
2016-10-08 13:10:16

^^This.

 
 
Comment by taxpayers
2016-10-08 05:40:19

Hitlery will be hiring in dc

S of jacksonville is nice ,Cresent beach etc

Otherwise no help

Comment by In Colorado
2016-10-08 10:22:54

Hitlery will be hiring in dc

Only members of the protected classes need apply.

 
 
 
Comment by Raymond K Hessel
2016-10-08 05:11:44

HFT algos account for 70-80% of all trading volume in this rigged, broken, manipulated markets. When they go haywire, things could get ugly.

http://www.telegraph.co.uk/business/2016/10/07/pound-flash-crash-sees-sterling-plunge-6pc-within-minutes/

 
Comment by taxpayers
2016-10-08 05:33:21

Floated?” Did someone say floating condo hotels ? Circa 2005

 
Comment by azdude
2016-10-08 06:17:54

“you cant wallpaper over termites forever.” R. Santelli

Comment by palmetto
2016-10-08 08:05:31

His rant about the Fed is epic.

Comment by azdude
2016-10-08 08:54:17

I know, he is awesome. He knows this sh@t show cant go on forever.

Comment by MightyMike
2016-10-08 10:56:07

He’s just another angry right winger. When people talk about all of Chicago’s problems, he should be near the top of the list.

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Comment by butters
2016-10-08 12:05:59

Anybody says anything bad about the status-quo, of course he’s a right winger. If he’s a right winger and you disagree with him, does that make you a left winger?

 
Comment by azdude
2016-10-08 12:06:29

he produces unlike most libitards.

 
Comment by MightyMike
2016-10-08 13:07:40

If he’s a right winger and you disagree with him, does that make you a left winger?

No, it doesn’t.

 
Comment by MightyMike
2016-10-08 13:08:40

He’s most famous for producing rants, like Limbaugh, Hannity, and so many others.

 
Comment by butters
2016-10-08 16:46:51

Yeah Limbaugh and Hannity they are all rants, but Santelli is pure gospel.

 
 
 
 
 
Comment by butters
2016-10-08 08:11:43

In my travels during summer (east coast and midwest), I hardly saw any Trump or Hillary bumper stickers, except in DC where Hillary signs and stickers were regularly seen.

That’s this election in nutshell.

Comment by Raymond K Hessel
2016-10-08 17:58:38

Every Hillary bumper sticker I’ve seen, without exception, is on an import being driven by haggard, overweight Boomer women who are portraits in bovine stupidity.

 
 
Comment by inchbyinch
2016-10-08 08:21:58

“Sky Pointe Landing, a 624-unit apartment community located in northwestern Las Vegas”

That is a city in itself. I check it out on yelp, and it looks like different price points, and I would bet some designated low income housing tax credit units, as some of the units were basic plain wrap.
LIHTC is a way developers get their way with planning commissions, as a % of units is put aside for affordable housing. Most of the waiting lists across the country are now closed. Section 8 is now a no-starter, the lists are years log. What a mess.

Comment by Ben Jones
2016-10-08 08:59:37

‘a greatly reduced inventory of shadow market single family homes which is helping to push market rents’

All these years later, foaming the runway for the banks.

 
Comment by oxide
2016-10-08 12:50:14

From the article:

While the property is in great shape for being 20 years old… Our strategy is to bring the asset up to modern standards, improving the living experience for the residents

Good god, the place was built in 1996, not 1916. What “modern standard” did we not have in 1996? And “improving the living experience for the residents” is another crock. Lemme guess, it won’t be the same residents.

Comment by Jingle Male
2016-10-10 05:51:49

More electronic needs, efficient HVAC, carpet, better appliances…..there are some things.

 
 
 
Comment by phony scandals
2016-10-08 09:44:40

Maybe Bernie’s “Bucket of Losers” won’t notice this with Trump saying a bad word in a private conversation and all.

Savage Attack: Hillary Calls Bernie Fans & Democrat Millennials a “Bucket of Losers” in Goldman Sachs Speech

Posted on October 7, 2016 by admin

According to portions of a speech Hillary Clinton was paid top dollar to deliver to brass and VIPs of investment conglomerate Goldman Sachs, the Democratic nominee for president savagely rails against voters of her own party.

A portion of Clinton’s private remarks were released Friday night by Wikileaks where Clinton, for the second time is 10 days, is busted viciously besmirching millennials and Sen. Bernie Sanders supporters. The transcript, in part, reads:

“This coalition, a collection of generally under-represented, low social capital individuals has become increasingly networked and increasingly motivated. This group that our analysts are calling (she marks air quotes) ‘Bucket of Losers’ could not only be a significant force in the next election but could, on an outside percentile, even win.”

Again, Clinton is not speaking about Republican voters. Her remarks are targeted at Democrats.

http://truepundit.com/savage-attack-hillary-calls-bernie-fans-democrat-millennials-a-bucket-of-losers-in-goldman-sachs-speech/ - 91k -

Comment by palmetto
2016-10-08 10:12:41

A tisket, a tasket,
Buckets and Baskets.

Comment by Blue Skye
2016-10-08 10:59:48

A bucket of losers here, a bunch of deplorables there, after a while it adds up.

Comment by phony scandals
2016-10-08 12:05:29

Good thing thing the MSM has been screaming about that Trump recording or the “Bucket of Losers” the ‘basket of deplorables’” and a few crates of those Super-Predators who won’t heel might have gotten pissed off at Hillary.

Why Hillary’s Super-Predator Comment Matters

Ronda Lee
04/11/2016 01:37 pm ET

It was only a matter of time before President Clinton’s 2008 gaffes during Hillary’s initial presidential bid would re-appear. And re-appear they did when former President Bill Clinton tried to defend Hillary’s “super-predator” comment. First, I am appalled at press and media outlets referring to it as the super-predator “myth.” She made the statement! Secondly, referring to black kids as super-predators back then is like how people use “thug” now. Lastly, Bill Clinton trying to “inform” Black Lives Matter protesters was akin to Matt Damon trying to school Effie Brown, the only black woman filmmaker on his Project Greenlight, about diversity in Hollywood.

http://www.huffingtonpost.com/ronda-lee/hillarys-superpredator-comment_b_9655052.html - 516k -

Hillary Clinton on “Superpredators” - YouTube
https://www.youtube.com/watch?v=ALXulk0T8cg - 442k -

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Comment by jerzdebil
2016-10-08 11:15:57

The most interesting aspects of all the dirt that came out yesterday is:
1) Hillary wants an open borders western hemisphere, to make her wall street benefactors even richer
2) Wants those same wall street insiders to be in charge of their own regulation
3) Supports keystone pipeline privately
4) Should be in jail for the rest of her life on campaign finance law violations alone
5) Has contempt for just about everybody - republicans, fellow democrats. Shes that type where you know she’s trash talking you once you’re outside of earshot.
6) Knew full well about the scope of security attacks prior to setting up her server - there absolutely was intent but it doesnt matter because this entire federal government seems to be skirting the law as well, with a corrupt justice department and fbi providing cover.

I dont know, but I think Trumps locker room banter is a fart in a hurricane compared to all this - and we’ve got weekly dumps of more dirt for the next couple of months. This election is forcing the veil to be removed from the government media complex and its web of lies.

Comment by jerzdebil
2016-10-08 11:37:59

I’ll add too that no matter who “wins” in this election, the fallout and chaos is going to be unreal. If Trump wins, the globalists will do who knows what - including WW3 - to prevent him from taking the reins of power. If Hilldog wins, the half of the nation that hasnt checked out already is going to check out/go galt because we’ll all KNOW that the entire power structure is built on fraud and deceit, so why continue supporting it? This country will be looted from within as it has been, but now even the productive class will join in as they see its hopelessly corrupt.

 
Comment by butters
2016-10-08 11:47:33

Vulgar mouth is the worst thing anyone can have. Everything else is politics as usual.

Amerikkka, what a fukushima!

Comment by phony scandals
2016-10-08 12:17:07

“Vulgar mouth is the worst thing anyone can have.”

Even worse than a kid in a coffin because of a you tube video?

Or is that “politics as usual”?

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Comment by dropping like a rock
2016-10-08 12:47:02

I always hated the poor me mentality. If you are CIA working in Bengazi, you may want to step or take a new job. You cant pray for others to help u. See the movie: 13 hrs.

 
Comment by phony scandals
2016-10-08 13:08:10

Diane Reynolds would agree.

 
 
Comment by dropping like a rock
2016-10-08 12:43:47

China is mocking us!

Time to Give us Rand Paul / Dwayne “the rock” ( for the TV voters) on the ticket. They can win!

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Comment by MightyMike
2016-10-08 13:13:30

4) Should be in jail for the rest of her life on campaign finance law violations alone

I doubt that life sentences are part of campaign finance laws.

 
 
 
Comment by Professor Bear
2016-10-08 12:32:03

Cashing Out: New Technologies Are Making the Convenience of Living Cash-Free a Reality
You need to understand the trade-offs of abandoning paper money entirely
By Jeff Blyskal
September 20, 2016

Cash is king, right? But check your pockets. Almost half of us walk around with less than $20, according to a 2014 survey by Bankrate.com. And with so many other ways to pay—a dozen and counting, including mobile wallets and store-branded payment apps, and, of course, old-fashioned credit and debit cards—legal tender today is becoming more minion than monarch.

Comment by Bill, Just South of Irvine
2016-10-08 13:49:28

Shiftpayments.com

Bitcoin man, Bitcoin!

 
 
Comment by phony scandals
2016-10-08 14:20:05

Some of those Tweets can really be something.

KATHLEEN WILLEY
‏@kathleenwilley

The Hag has called us bimbos,sluts,trailer trash,whores,skanks. From one woman to her rapist’s victims.When will u resign from ur campaign?

Comment by butters
2016-10-08 16:43:21

Hillary has a foul mouth. Who knew that?

 
 
Comment by The Selfish Hoarder
2016-10-08 19:00:32

Can you say the word “duped?”

This is one of the wikileaks that was tweeted. Found a link - this election is all rigged.

https://twitter.com/wikileaks/status/784908158426869761

 
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