When It Doesn’t Matter What The Seller Wants
A report from Bloomberg on China. “China watchers are starting to put a price tag on what any collapse in the nation’s red-hot property market could cost banks. A drop of 30 percent in housing prices could cause 4 percent of total loans worth 4.1 trillion yuan ($615 billion) to sour, according to DBS Vickers Hong Kong Ltd. ‘The amount of increase in housing prices in China that we have seen in recent years, especially this year, is concerning,’ said Roland Mieth, portfolio manager for emerging markets in Singapore at Pimco, which doesn’t have a real estate NPL estimate. ‘Those increases in price year on year at 30 percent or more tend to suggest a bubble-like phenomenon.’”
“As delinquencies made banks reluctant to lend to companies, the amount of outstanding mortgages in China jumped 31 percent in the first half, three times more than the increase in overall lending. Loans to households soared to 71 percent of total new lending in August, from 24 percent in January. ‘Chinese banks are extending mortgage loans very aggressively,’ said Christine Kuo, a Hong Kong-based senior VP at Moody’s Investors Service. ‘Those loans are becoming riskier because housing prices are at a frothy level.’”
The South China Morning Post. “Hundreds of investors and retirees from Shanghai swamped China Evergrande Group’s sales office on Chongming Island as the developer launched a new batch of homes at its Sea Venice project on Thursday for as little as 350,000 yuan. Zhang Fan, who runs a small restaurant in Shanghai, bought a 60 sq metre property in Sea Venice for about 400,000 yuan, which he intends to use as a holiday home before selling it on for a profit when a proposed high-speed train commences services to Chongming.”
“Prices at the project have already increased rapidly. Fan said his friend bought a similar sized property - part of a previous batch released for sale - for 300,000 yuan earlier this year. ‘For this amount you cannot buy four square metres in Shanghai city centre, where it costs 100,000 yuan per square metre,’ he said.”
The North Shore News in Canada. “Real estate industry insiders say it’ll be a few months before they know if the once white-hot North Shore real estate market is heading into the deep freeze. But the trend is definitely cooler, especially at the high end of the market, where teardowns were selling for multiple millions just six months ago. Bidding wars have largely vanished, said Brent Eilers, a Realtor with Remax Masters Realty. ‘We haven’t had a British Properties home sell for over $6 million since May 27,’ he said. ‘The West Van market is really struggling.’”
“North Vancouver Realtor Satnam Sidhu said he’s seen the same trend. With the imposition of a 15 per cent foreign buyers tax in August, luxury tax on properties worth more than $2 million and tightening of the rules around contract assignments, ‘the higher end of the properties have been hit,’ said Sidhu. ‘Last year there were twice as many properties over $2 million sold in September as there were this year.’”
“Builders have backed off snapping up expensive lots, he said. ‘They don’t know where the market’s going to be 10 months down the road.’ Sidhu said he’s still seeing market activity in the lower end of the market, dominated by local residents. But many people are adopting a wait-and-see approach. ‘There was a time everyone thought ‘buy today’ because prices are going to be higher tomorrow,’ he said. ‘That isn’t the case anymore.’”
“Eilers said he’s started to see selling prices inching down, though that may take some time as sellers begin to realize they can’t sell their house for what their neighbours got six months ago. ‘When the pendulum swings from the sellers’ side to the buyers’ side it doesn’t matter what the seller wants. … I think we are in the process of the slowdown.’”
“Sidhu said buyers will certainly qualify for less expensive homes under the new regulations, but said he understands Ottawa’s desire to prevent home buyers from courting disaster when interest rates begin to rise. Sidhu said back when he started in the real estate business almost 40 years ago ‘these (interest) rates were simply unheard of. … People have over-extended themselves.’”
The Online Citizen on Australia. “During our recent vacation in Perth, we dropped by to visit our relative’s family who had been staying there for longer than a decade. The built-in area of my relative’s house was approximately 3,000 sq ft. It’s spacious, bright and cozy. They bought it at over $300,000 and market value has since increased to $650,000. ‘Our house is old and nothing to see. Let me show you the brand new ones. It’s just five minutes’ drive away.’”
“In this new residential area, there were six to eight streets full of display homes (Australian show houses). Each house was built by a different developer with totally different look-and-feel. Although we saw parked cars on both sides of the streets, there were not many buyers on a Sunday afternoon. Most of them were young couples or families with small children.”
“Compared with my relative’s suburb, these new single or double-storey detached houses were built much closer to each other. There were so many houses that it could take a few days to view all of them. We were at a loss where to start and had to rely on our relative to help us pick a few. ‘Go inside and take a look. You can change the design, layout, materials and landscaping. Everything, including the asking price, is negotiable.’”
“Single-storey basic houses were selling from $148,000 while high-end double-storey houses were asking for slightly above $400,000. Prices already include the cost of land. ‘Last year my sister bought a similar one at $600,000. That’s crazy! Now prices have come down to $400,000. SGD and AUD conversion is now almost 1:1 right? Why don’t you also buy one and you two can be neighbors?’”
“With the declining commodity prices, there is a recession going on in Perth since 2015. In the CBD and inner-city district of Perth, ‘for lease’ signs on the windows of empty offices and shops are everywhere. Unemployment rate now stands at 5.7 percent. It can go up to 25 percent in suburbs with mining as a major industry. More than 20 percent of Uber drivers used to work in mining.”
“Perth’s vacancy rate for rental properties reached a 20-year high last year. It is now 5 percent and at its highest since December 1995. Rental rates have dropped 13 percent. Rent in Western Australia’s most expensive suburb Peppermint Grove has declined 24 percent from $2,000 to $1,525 a week. The median weekly rent in Perth is $420 for houses and $395 for units. It is a tenant’s market. Tenants keep breaking leases to move to better places. Landlords lament that it is difficult to get tenants for viewing. Sounds familiar for Singapore landlords?”
“In Perth, there are more home sellers than buyers. Many are moving away from Western Australia to other parts of the country or back to where they come from. Last quarter, 17.9 percent of houses and 30.2 percent of units are selling at a loss – the highest level since September 1996 for houses and since 1994 for units. It’s because the Australian economy didn’t really hit by the 2007 financial crisis.”
“If you are going after properties in Australia, better do your sums and make sure that you have the holding power even under the worst scenario. Do you have the guts?”
This is a Singapore piece written for Singaporeans. Kinda interesting angle:
‘Last year my sister bought a similar one at $600,000. That’s crazy! Now prices have come down to $400,000. SGD and AUD conversion is now almost 1:1 right? Why don’t you also buy one and you two can be neighbors?’
Sign me up. Always wanted to drive a low rent cab in a depressed mining area.
QE4 is around the corner after the election.
QE by any reserve currency nation is QE for the global economy. The EU and Japan have been doing this for years and what has it stopped? China could be printing money like mad and we wouldn’t know. That report by BofA about Quantitative Failure was historic IMO. Condo prices are crashing in Tokyo too.
‘When they were first established, central banks were tasked with providing an elastic currency that met the seasonal ebbs and flows of money demand. They were also supposed to provide liquidity when financial crises occurred from time to time to make sure they didn’t turn into full-blown financial contagions. They certainly were not mandated to manage the economy with the aim of keeping the labor market near full employment and stabilizing inflation around a fixed and near-zero target. Most of them originally were run by commercial bankers and lawyers who tended to be conservative and weren’t trained to manage the economy in any case.’
‘That changed in recent years, and now the major central banks have been overrun by macroeconomists in the policy committees, with large staffs of more macroeconomists. They’ve all been trained to manage an economy, and firmly believe that’s their job and they can do it. The leading proponent of that view in the United States is, of course, the leader of the Fed, namely Fed Chair Janet Yellen.’
‘Central bank leaders are convinced that without their ongoing and expanding ultra-easy monetary policies—relying increasingly on so-called “unconventional” monetary tools—the global economy would have sunk into a depression following the financial crisis of 2008. Of course, they’ve been disappointed that the pace of economic growth has been sub-par and that inflation remains below their 2% targets. However, they argue the counterfactual—namely, that were it not for the forward guidance, quantitative easing, and negative interest rates they implemented once their official interest rates had fallen to zero (the dreaded “lower bound”), there would have been a terrible outcome. They never consider the alternative counterfactual that their unconventional policies might be one of the main causes of global secular stagnation.’
‘Last Thursday, in a video conference (start listening at the 9:05 time mark) with bankers in Kansas City, Yellen crossed the line, in my opinion, when she suggested that the Fed should be authorized by Congress to buy corporate bonds and stocks. After all, she noted, the Bank of Japan (BOJ) has been buying corporate bonds and stocks for a while, and the ECB has been buying corporate bonds since June of this year. That’s true, but how’s that working so far?’
‘Not so good. The BOJ just can’t seem to stop the forces of deflation.’
‘In her talk last Thursday, Yellen said: “Now because Treasury securities and, say, corporate securities and equities are substitutes in the portfolios of the public, when we push down yields–let’s say on Treasuries–there’s often and typically spillover to corporate bonds and to equities as well [such] that those rates fall or that equity prices rise, stimulating investment. But we are restricted from investing in that wider range of assets. And if we found–I think as other countries did–that [we] had reached the limits in terms of purchasing safe assets like longer-term government bonds, it could be useful to be able to intervene directly in assets where the prices have a more direct link to spending decisions.”
‘On Friday of last week, just by coincidence (or maybe not), Larry Summers floated exactly the same idea. The 9/30 Bloomberg reported: “Among the proposals that deserve “serious reflection” is the purchase of a “wider range of assets on a sustained and continuing basis,” Summers said in a lecture at a Bank of Japan conference in Tokyo Friday. “I’m not prepared to make a policy recommendation at this point,” he told reporters later. …”
“Japan has “engaged in that type of transaction to much greater extent than other countries,” Summers said, pointing out among its initiatives the BOJ’s purchases of exchange-traded funds. “It is something that economic logic suggests should be considered in other places where the zero lower bound is a potentially important monetary policy issue,” he said, referring to the perceived lower limit for benchmark rates set by central banks.”
‘Got that? It’s “economic logic.” Maybe so, but that too certainly hasn’t worked for Japan so far.’
They want to buy corporate debt and securities because they want to prop up their own wealth, and that of their cronies. Off with these peoples’ heads already.
With the FED buying all this debt that will never be repaid its like some folks get money for nothing.
Isn’t the Fed bringing debt onto its balance sheet a form of “repayment”?
A liability yes. A form of repayment, not even close.
I think they hope it is more a “contingent liability”.
That there really is a tooth fairy.
Once the debt is paid off by the Fed, why doesn’t that lay it to rest forever? What further action is necessary?
The Fed is the oligarchy’s chief instrument of plunder against the 99%. Everything they do has one purpose: to effect the concentration of wealth and power into the hands of a corrupt and venal .1% in the financial sector.
“QE by any reserve currency nation is QE for the global economy.”
Especially in a world where cross-border capital controls have been eliminated in order to make investment bank looting operations more profitable.
Vote Hillary to make Goldman and MS more profitable!
‘the trend is definitely cooler, especially at the high end of the market, where teardowns were selling for multiple millions just six months ago…Builders have backed off snapping up expensive lots, he said.’
It’s hard to break old habits like using ’snapped up’ in real estate articles. Amazing that this all happened in just six months.
Trump- you know this is not the last of it. I am sure they have more ammo . Thanks GOP!
Not at all. More wikileaks dumps are coming…your candidate is fooked. She will be in prison next year.
Some have compared the White House to a prison.
Obviously not Hillary….she wants to go back there.
I’d like to believe you, but I seriously think the globalists put the screws to Assange this last week - he was scheduled to announce something last Tuesday on Hillary and then backed off, with no reason given.
These people will stop at nothing to advance their agenda.
Speaking of more dumps…Bunga Bunga!
Politics
More Trump tapes surface with crude sex remarks
Radio personality Howard Stern talks with Donald Trump at a party held by the New York Post in February 2000 in New York. (Louis Lanzano/AP)
By Marc Fisher October 8 at 5:52 PM
Republican presidential nominee Donald Trump, already under siege for vulgar comments about forcing women into sex, also had crude, sexually explicit conversations in a series of radio interviews over the past 23 years, even noting how “voluptuous” his daughter was.
On a new batch of recordings from Howard Stern’s radio shows aired Saturday by CNN, Trump said that he would “have no problem” having sex with 24-year-olds, that he “couldn’t care less” if he satisfies the women he sleeps with, that “it’s checkout time” once women reach the age of 35 and that he had engaged in three-way sex.
“Haven’t we all?” Trump told Stern on his SiriusXM satellite radio show in 2008. “Are we babies?”
Trump also described barging in on nude Miss Universe beauty pageant contestants in their dressing room, characterizing his visits as inspections by the contest’s owner.
In previously reported tapes of Stern programs from the 1990s through this decade, Trump bantered with the host of the popular radio raunchfest about whether he could have “nailed” Princess Diana, whether he would stay with his wife if she were disfigured in a car crash (“How do the breasts look?” Trump asked) and how often he had sex with his wife, Melania.
…
If Trump is such an outsider and his followers love him cause the GOP insiders hate him….. why chose Pence?
Biggest mistake he ever made. He underestimated the influence of establishment uniparty.
He didn’t really want Pence, with good reason. He smelled a set-up.
The idiots on the Trump subreddit didn’t get it and never will. Pence is a neocon and a Trojan horse.
I think you are right. Halloween day, Trump will top the polls. The tax stuff, the P**** stuff and others will NOT matter at all.
I fear Pence will pull some stunt in Novermber first week (November surprise!) on uniparty’s behalf. That’s the only thing keeping Trump from the WH.
hehe, puck Fence. Paul Ryan plant. Did my heart good to see Ryan get called out at his little rally. All you have to do is look at Ryan to know who and what he is. Never returned Hastert’s money, either.
I will give Pence a little credit here…I think he’s been a good lieutenant so far. He probably senses that he will be the most powerful VP in the history of America once they get in. And contrary to the MSM news and Polls, I would say they are winning right now. Ohio, Iowa, Florida all going Trump. PA most likely…he doesn’t even need VA or CO.
“I will give Pence a little credit here…I think he’s been a good lieutenant so far.”
Fair enuf. I don’t like him, never did. Manafort shoved him down Trump’s throat as part of “deal” to placate the RNC. LOL, Pence was on the plane to NY before Trump had actually even accepted him. I read a piece somewhere, VDare, I think, that Ryan probably already has the impeachment written up and ready to go should Trump be elected.
Trump’s a fookin idiot then to believe in Manafort.
I am NOT a Trump fan. I can’t vote for him..will not vote for him, but I am hoping and praying that he wins for the chaos that it’s going to bring.
Ryan that sneaky c***. Half of the republicans in Congress and Senate are like him. Can’t expect them to do any good on peoples behalf.
Butters = Albuquerque Dan?
The Dan character is one of many of one.
one of many of one
Some guy called it the hive mind a few months ago.
Ha-ha, definitely a planned and very well coordinated takedown of Trump. Frontline running a story about Obama right now heavily featuring Trump’s birth certificate kerfluffle.
Well, to borrow a line from a recent ZH story: “He who will not listen will have to feel.” Meaning the lowly minions who carry out the wishes of the establishment.
Good thing is nobody fooking watches their TV shows except for the already inclined to believe any propaganda.
Can’t believe they spend so much money on the eco-chambers.
‘Those increases in price year on year at 30 percent or more tend to suggest a bubble-like phenomenon.’
It’s a bubble. Why weaken the proclamation with weasel words?
“As delinquencies made banks reluctant to lend to companies, the amount of outstanding mortgages in China jumped 31 percent in the first half, three times more than the increase in overall lending. Loans to households soared to 71 percent of total new lending in August, from 24 percent in January. ‘Chinese banks are extending mortgage loans very aggressively,’…”
The Chinese issue new mortgage loans faster than they pour concrete. How can this episode not end badly?
“People have over-extended themselves.’”
The low-rate lending environment confronting the global economy creates huge, though unacknowledged, moral hazard incentives for home buyers to overextend themselves. Whether they will eventually face unpleasant consequences as a result depends heavily on for how long rates can remain at historically unprecedented lows.
Been working jobsites lately with some peeps who grew up poor with poor parents that don’t have alot of opportunity, and who may or may not be in the country legally. Hillary wants these people on welfare, food stamps, FOREVER. She doesn’t want any of them to work, just take freebies and vote Democrat Party for life.
Selling crack on the corner was the greatest entrepeneurial activity that many poors I knew in the 1990’s could ever aspire to. Give these people some f*ing jobs and not multi-generational welfare.
Biggie — Everyday Struggle (1993):
https://www.youtube.com/watch?v=rogvlB2SP4k
Brings new votes, brings new poverty, brings new blood for useless wars, brings new debt holders. Win Win, what’s not to like if you are US government.
Hillary wants these people on welfare, food stamps, FOREVER. She doesn’t want any of them to work, just take freebies and vote Democrat Party for life.
Do you have a link for that?
Last 70 yrs?
if it weren’t for the fed monetizing debt they wouldn’t have the money to pay for all this. Keep borrowing to buy votes!
+1, butters. Ever since LBJ’s Great Society. What a POS he was.
We used to chant when I wuz a pup: “Hey, hey, LBJ! How many kids did you kill today?”
That was 50 years ago, not 70.
More importantly, the biggest Great Society program was little thing calls Medicare, which is probably the most popular institution in American life.
We got a lawyer in da house! Perfect Soros employee.
Utter idiocy.
Success of any government program should be based on how few people use it…not how MANY people use it
That’s an odd opinion. That would make the Dept. of Defense the worst part of government, since it services benefit all Americans.
since it services benefit all Americans.
Does it? Are you sure?
Well, that’s the theory of national security. Of course, some would say that it’s largely unnecessary, since we’re not under threat. But that’s beside the point. There are other federal programs that could be mentioned, such as the interstate highway system.
In any case, you trying to distract because I’ve shown your argument to be nonsense.
“We got a lawyer in da house! Perfect Soros employee.”
Mike isn’t much of a lawyer. Maybe a para legal?
Maybe a para legal?
Point taken. I was just being nice.
In any case, you trying to distract because I’ve shown your argument to be nonsense.
I am not distracting $hit. Military doesn’t benefit the poors of this country. Canada spends 1% of GDP and we spend 4% of GDP on military and the only beneficiaries have been the multinational corps. Fook Them!
So according to your definition, our armed forces are more successful than Canada’s because fewer people benefit.
that’s your definition. i don’t give a flying fook about this country’s military. it should be brought in court for crime against humanity including its leaders.
So according to your definition, our armed forces are more successful than Canada’s because fewer people benefit.
Jesus how stupid a person can be…..
I point that your statements are nonsense and you call me stupid. Why am I stupid? It’s because you say so. You’re head is full of BS, but that doesn’t matter You’ve declared yourself to be genius and anyone who disagrees with you is a moron.
You disagree with facts. That’s ok.
Last 70 yrs?
That’s not a link. I was talking about evidence to support the assertion made about what Hillary wants.
Sometimes things are as common sense as rains and winds, you don’t need a link for that.
So there’s no evidence. It’s just more made up nonsense.
Irrelevant
Yes, once again the facts don’t matter.
Identify the facts first Mike.
There are no facts. That’s my point.
A willingness to accept fact is required.
Been working jobsites lately with some peeps
You’ve never worked a day in your life that wasn’t on a Soros paycheck.
You’ve never mopped a floor of a restaraunt.
You’ve never loaded and unloaded trucks with a pallet jack.
You’ve never lived in a neighborhood that was less than 99.9% white.
Correct The Record signs your paychecks.
And Hillary is sick and weak and she is dying.
She is dying, literally. Take this old horse out behind the barn and put a f*ing bullet in it, because it has lost its use in service to humanity
You behind the times. You spend so much time on the Internet, yet you haven’t noticed that #HillaryHealth is yesterday’s news.
You’ve never lived in a neighborhood that was less than 99.9% white.
I attended an elite university, so I lived in a dorm that had a lot of Asian-American and Jewish kids living in it.
Jewish and Asian Kids??
The most brainwashed group of any kind.
“I attended an elite university, so I lived in a dorm that had a lot of Asian-American and Jewish kids living in it.”
“Bucket of Losers”
“I attended an elite university, so I lived in a dorm that had a lot of Asian-American and Jewish kids living in it.”
When you went home for the holidays did all your White Anglo-Saxon Protestant friends and neighbors gather round and listen to you tell stories about the Asian-American and Jewish kids in your dorm?
I attended an elite university
Ha ha, another idiot!
War is peace. Freedom is slavery. Ignorance is strength.
War is peace.
You are catching on. You forgot the big one, debt is money. Sucks to be you and any any hillay supporter.
Nothing more helpless than an educated fool.
You should read the news. Hillary supporters have been enjoying the last couple of days.
last couple of days
Enjoy while it lasts. Trump supporters will have the last laugh.
Albuquerque Dan was saying the same thing four years ago today. Saturday Night Live should be good tonight.
Saturday Night Live should be good tonight.
Who watches that $hit anymore?
And 4 years later there’s more poor, more unemployment, less gdp, falling demand and rising crime.
And you’re proud of all that.
And you’re proud of all that.
Only the educated fools. I is edumcated too (also from top top college), but I is no fool.
They’re playing your song Mighty
https://www.youtube.com/watch?v=zwDvF0NtgdU - 172k -
It doesn’t matter much how many people watch it if it’s still entertaining to those who do. Though they did pretty well last week.
‘Saturday Night Live’ Draws 8.3 Million Viewers In Strongest Season Opener Since 2008 – Update
UPDATED, 11:40 AM: Saturday Night Live drew 8.3 million viewers in its season premiere on Saturday, the strongest season opener in total viewers since 2008, according to Nielsen and the network. That’s up 31% from last year’s 6.32 million for season-opening telecast on October 3, 2015. In adults 18-49, the 42nd season premiere averaged a 2.34 rating, 11 share, for a 29% increase on the year-ago debut (1.82). It’s the highest-rated SNL season premiere in 18-49 since September 28, 2013 (a 2.39, with host Tina Fey and musical guest Arcade Fire).
http://deadline.com/2016/10/saturday-night-live-season-premiere-ratings-donald-trump-alec-baldwin-1201829687/
Hope Canada screens people before letting them in.
LOL
And 4 years later there’s more poor, more unemployment, less gdp, falling demand and rising crime.
That’s incorrect. There’s less poverty and unemployment and the GDP is higher.
Ofcouse the GDP is higher. Any disposable income has gone to pay health insurance or the penalty. GDP is the most useless tool to measure people’s well being, but ivy-leagueres love this obviously. Anyone surprised?
Nope.
Labor Force Participation Rate Plummets To 37 Year Low; Jobless Population At Record High
http://data.bls.gov/timeseries/LNS11300000
credit to mafiablock
Not higher. Lower and falling.
http://perspectives.pictet.com/wp-content/uploads/2016/01/US_GDP_29.01.2016-4.jpg
“It doesn’t matter much how many people watch it if it’s still entertaining to those who do.”
Which must be a few stay at home Man Moms from your all white neighborhood.
Forget Diversity: Saturday Night Live Has a Viewership Problem
By Danielle Kurtzleben | Staff Writer Jan. 17, 2014, at 4:14 p.m.
The numbers above show both the share of total households that were tuned into the show (a measure known as the “rating”) and the share of TVs that were in use during SNL’s time slot that were tuned in (the “share”). That means that, of all TVs that were on late on a Saturday night during the 1978-79 season, nearly 4 in 10 were tuned into SNL. Thus far this season, that share is at only 9 percent.
http://www.usnews.com/news/blogs/data-mine/2014/01/17/forget-diversity-saturday-night-live-has-a-viewership-problem - 105k -
GDP is the most useless tool to measure people’s well being, but ivy-leagueres love this obviously
Do you have a link for that?
You’ve been told before about that participation graph doesn’t mean what you think it means. And that other graph doesn’t show that GDP is lower than it was four years ago.
Your article is 2½ years old, phony.
Is there another way to understand record high jobless rate?
How about falling GDP?
It’s funny cause it’s true.
http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2016/10/01/20161008_bumper.jpg
Keep ‘em coming, butters. Good job.
Can’t help it. I am fooking drinking JW blue and smoking some joints better than Apt 401 could have ever produced. Life is good.
http://www.zazzle.com/hillary_clinton_monica_lewinsky_bumper_sticker-128063246232987495‘
http://static.conservativetribune.com/wp-content/uploads/2015/04/Screen-Shot-2015-04-20-at-6.56.00-PM.png
http://www.cafepress.com/mf/104598441/clinton-supporters-stupid_bumper-sticker?productId=1784797304
http://www.cafepress.com/mf/25188033/lifes-a-bitch_bumper-sticker?productId=211292354
http://www.cafepress.com/mf/24107944/liar-liar-pantsuit-on-fire_bumper-sticker?productId=196636103
http://www.cafepress.com/mf/24108024/if-the-bitch-wins-we-all-lose_bumper-sticker?productId=196636121
http://www.cafepress.com/mf/103440641/hillary-dumbass_bumper-sticker?productId=1725377269
http://www.cafepress.com/mf/12945451/bill-doesnt-want-hillary_bumper-sticker?productId=61385357
I like the pull the handle one best, although to be fair, he’s just the latest in the line that put the country in the toilet. Bill certainly did his part.
Obama really does bear more than a passing resemblance to Frank Marshall Davis, especially that particular image.
When David Brock was working for republicans, Great Right Wing Conspiracy.
When David Brock is working for Clintons, cricket….
LOL this is good.
http://i3.cpcache.com/product/1267819554/wild_bill_sticker.jpg?color=White&height=460&width=460&qv=90
Bill the molester back in the whitehouse? Never happen.
Na Ga Ha
Not Going To Happen
The truth the lapdog media will never tell you about Crooked Hillary.
http://www.zerohedge.com/news/2016-10-08/latest-wikileaks-revelations
If it was any other profession, you could sue them for malpractice and win.
http://www.wsj.com/articles/trump-tells-wsj-i-never-give-up-and-getting-unbelievable-support-1475940443
“Unlike in a video he taped and released last night, Mr. Trump, who spoke on Saturday from his Manhattan home in Trump Tower, offered no apologies in the Journal interview, but rather went on the offensive. “Go behind closed doors of the holier-than-thou politicians and pundits and see what they’re saying. I look like a baby.”
That’s it, right there. The holier than thou priggish crap on the surface, crawling with deviance underneath. Right, Paulie? Here’s lookin’ at you, kid!
It is ironic. The people who are damning Trump for crude speech are the same ones that not so long ago said “his morals don’t matter” in regards to their Slick Willie. I can’t be the only one who remembers this.
Hillary Clinton: “I’m Kind Of Far Removed” From The Struggles Of The Middle Class “Because The Life I’ve Lived And The Economic, You Know, Fortunes That My Husband And I Now Enjoy.” “And I am not taking a position on any policy, but I do think there is a growing sense of anxiety and even anger in the country over the feeling that the game is rigged. And I never had that feeling when I was growing up. Never. I mean, were there really rich people, of course there were. 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.” [Hillary Clinton Remarks at Goldman-Black Rock, 2/4/14]
‘SECRETARY CLINTON: You go to Washington. Right. But, you know, part of the problem with the political situation, too, is that there is such a bias against people who have led successful and/or complicated lives. You know, the divestment of assets, the stripping of all kinds of positions, the sale of stocks. It just becomes very onerous and unnecessary.” [Goldman Sachs Builders And Innovators Summit, 10/29/13]
‘Hillary Clinton Said Jordan Was Threatened Because “They Can’t Possibly Vet All Those Refugees So They Don’t Know If, You Know, Jihadists Are Coming In Along With Legitimate Refugees.” “So I think you’re right to have gone to the places that you visited because there’s a discussion going on now across the region to try to see where there might be common ground to deal with the threat posed by extremism and particularly with Syria which has everyone quite worried, Jordan because it’s on their border and they have hundreds of thousands of refugees and they can’t possibly vet all those refugees so they don’t know if, you know, jihadists are coming in along with legitimate refugees. Turkey for the same reason.” [Jewish United Fund Of Metropolitan Chicago Vanguard Luncheon, 10/28/13]
‘Hillary Clinton Said The Saudis Opposed The Muslim Brotherhood, “Which Is Kind Of Ironic Since The Saudis Have Exported More Extreme Ideology Than Any Other Place On Earth Over The Course Of The Last 30 Years.” “And they are getting a lot of help from the Saudis to the Emiratis—to go back to our original discussion—because the Saudis and the Emiratis see the Muslim Brotherhood as threatening to them, which is kind of ironic since the Saudis have exported more extreme ideology than any other place on earth over the course of the last 30 years.” [2014 Jewish United Fund Advance & Major Gifts Dinner, 10/28/13]
‘Hillary Clinton: “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.” [05162013 Remarks to Banco Itau.doc, p. 28]‘
Here’s a couple of Bloomberg articles:
http://www.bloomberg.com/news/articles/2016-10-08/this-was-the-week-the-world-got-really-anxious-about-globalization-s-future
The world got anxious? Note there was no reference to the “elite” in this article.
http://www.bloomberg.com/news/articles/2016-10-06/foreigners-in-london-horrified-by-may-s-immigration-vision
‘A YouGov poll on Wednesday of 5,875 adults found that 59 percent of people support those policies, showing that Rudd and May are in tune with voters. From Brexit to the rise of Donald Trump, populism in Western democracies is threatening to do away with a postwar political order and usher into power a new brand of leadership willing to crack down on immigration and revert to isolationist policies. Economic hardship has turned voters against beliefs that open borders, tariff-free trade and greater integration would narrow income inequality and bring about greater well-being.’
‘Chancellor of the Exchequer Philip Hammond Thursday told Bloomberg Television that the Brexit vote was a call to impose tougher control on immigration amid concerns an influx of foreign workers has pressured wages in the low-skilled workforce. “We have to recognize that part of the mood in the U.K. that drove the referendum decision is a mood about pressure on wages on entry level jobs from high level immigration,” he said.’
I’m just trying to understand it. It’s generally called a populist movement. An impulse. It has no leader. It was in France when they cut off the king and queen heads. It was in Cairo when they chased the police across that bridge. You get the idea.
I remember distinctly when occupy wall street first started it had something like 90% approval in the US. It spread all around the world before DHS snuffed it. These things are vapor like. It’s somewhere in the minds of many millions of people who can’t put their finger on it but know something isn’t right. Some spark can ignite it. Remember the Tunisian who set himself on fire and started the entire Arab Spring? It went from country to country very quickly. There was something: discontent, injustice, something was already there in the minds of millions, just waiting for a spark.
If you are going to rebel, what can it be against? The existing order. What is the existing order? Globalism. What I call central bank-ism. Corporatism. US military hegemony. These forces can be tied to unrest over immigration, off-shoring, inequality, war, moneyed interests, etc. Like I said, I’m just trying to understand it, thinking out loud here.
Mighty mouse? cricket….
And Occupy arose … during a Democratic presidency. As did the perpetuation of record income inequality. This bears no resemblance whatsoever to any Democratic Party I knew, which is why I am not voting for Clinton.
Ben Jones let’s make an Ohio video.
We can make the real one that will be hundreds of hours long if we have to include every city and town destroyed by NAFTA, or we can make an abridged version.
And for the purposes of 2016 (it’s Current Year) we should also include a live heroin overdose death on camera, preferably the young 20-something child of a worker whose job was lost because of NAFTA, and the parents’ reaction, and the funeral.
New York City, Los Angeles, and Washington, are not the United States. You add nothing, you create nothing, you build nothing, and when we cut off your electricity and food, you will eat nothing.
You will starve, and you will die. The road to the airport has been barricaded, and the planes on the runway have been blown up.
Prepare to have your throat slit, but only after you watch your wife’s and daughters’ throats slit first.
They said “this could never happen in Aspen.”
It’s happening in Aspen, tomorrow.
* strictly hypothetical with no laws broken until reality happens otherwise
Add San Francisco there as well. Online bulletin boards aren’t worth 100’s of billions anyway you cut it.
You have to give the sheeple what they voted for: globalism and crony capitalism.
Merkel’s Marauders continue to implement Fundamental Transformation.
http://www.breitbart.com/london/2016/10/08/german-city-lockdown-police-hunt-terror-bomber/
Hope n’ change comes to the national debt.
http://www.cnsnews.com/news/article/terence-p-jeffrey/debt-under-obama-9000000000000
Bush’s neocon coterie have come out strongly against Trump. One more reason to vote for him.
http://www.businessinsider.com/condoleezza-rice-donald-trump-video-2005-women-2016-10
Anyone surprised by this token b!atch?
About the candidate Raymond worships, from the link he provided:
I am drunk as fook and high as kite. Since the girl of my life is out this weekend, here’s a poem I read in one of Hardy’s novels.
Two Points of View
by Sir Edmund William Gosse
If I forget, —
May joy pledge this weak heart to sorrow!
If I forget, —
May my soul’s coloured summer borrow
The hueless tones of storm and rain,
Of ruth and terror, shame and pain, —
If I forget!
Though you forget, —
There is no binding code for beauty;
Though you forget, —
Love was your charm, but not your duty;
And life’s worst breeze must never bring
A ruffle to your silken wing, —
Though you forget.
If I forget, —
The salt creek may forget the ocean;
If I forget, —
The heart whence flows my heart’s bright motion,
May I sink meanlier than the worst,
Abandoned, outcast, crushed, accurst, —
If I forget!
Though you forget, —
No word of mine shall mar your pleasure;
Though you forget, —
You filled my barren life with treasure,
You may withdraw the gift you gave,
You still are lord, I still am slave, —
Though you forget.
My complements re your dignity and higher level of consciousness despite your inebriation. Most of the drunk people I dealt with in the bar biz would just pizz you off and puke on your shoes.
Been watching Trailer Park Boys. Some of it is familiar (again, customers.)
Oh, confirmation on ubiquitous beer cans in the walls. Dialog:
Ricky: install those and make sure they’re working in the bathroom, then I’ll give you two cheeseburgers, simple as that.
Randy: Double cheeseburgers, Ricky.
Ricky: Hey, listen: that’d be three or four cheeseburgers, wouldn’t it? I said two, okay?
Randy: Same amount of buns.
Ricky: Randy, two f–kin’ cheeseburgers, take it and leave it! Here’s a little piece of hash, go to the stove, do some hot knives, get stoned, and get the fuck to work, okay?
Randy: I can’t get stoned, Ricky!
Ricky: What do you mean? It’s shitty work. Everybody does that. Alright? Carpenters, electricians, dishwashers, floor cleaners, lawyers, doctors, fuckin’ politicians, CBC employees, principals, people who paint the lines on the fuckin’ roads. Get stoned. It’ll be fun. Get to work.
I had one small dirty so I feel good about my finances for a while. I am still awaiting for the big dirty whenever it may happen.
Nah, it’s better to keep it under $1000
+1
Germans voted for a stooge of the banksters and globalists, Angela Merkel. Now they’re getting exactly what they voted for.
https://www.theguardian.com/world/2016/oct/08/german-police-jaber-albakr-syria-bomb-plot
Mutti might be worse the the c**ti that we have running to be prezident.
The full extent of Crooked Hillary’s malevolence and corruption will not be on display until she is in office.
Hillaryous is unelectable.
Iran has been the chief beneficiary of the neocon “regime change” fiascos in the Middle East.
https://www.theguardian.com/world/2016/oct/08/iran-iraq-syria-isis-land-corridor
All the ivy-league education….it’s so fooking funny.
Thousands of Democrat-on-Arrival Haitian migrants are piling up in Tijuana. The Comrades of the DNC must expedite their resettlement and registration as Democrat entitlement voters before the election…for the children.
https://www.yahoo.com/news/far-hurricane-matthew-haitian-crisis-flares-tijuana-222445322.html
I am not too sure. Haitians might vote Trump as they know Clintons democratized the money raised for the Haiti earthquake.
“Far removed” crony capitalist Hillary is “fighting for us.”
http://www.infowars.com/im-kind-of-far-removed-clinton-admits-estrangement-from-middle-class-in-wall-street-paid-speech/
Hillary correctly calls her parasite FSA supporters “a bucket of losers.”
http://www.infowars.com/hillary-calls-her-own-supporters-a-bucket-of-losers/
Bernie fans didn’t get it either.
Yes it is a miracle that came out the same day they released the Billy Bush recording.
Gotta have then ribs and p**** too!
Is mighty mouse podesta, brock or soros employee?
All Democrat Comrades of Proven Worth are implicitly stooges and lackeys for George Soros and Goldman Sachs.
I am here to vent, knowing you guys will probably slap me for it, but also because maybe it will help others who read this blog to know they’re not alone in their frustration with the state of this market. So we have a target neighborhood, mostly filled with older people, but really great schools and safe and quiet, and very few rules because it’s in an unincorporated part of the county. A house that has not been very well taken care of that I’ve had my eye on for a while finally came up for sale for $625K. The second it went up, it went pending. The flippers get houses like this, put in granite, subway tile, wood floors and sell them for $900 - $1,000K. We’re in a rental I like with a nice yard and good neighbors, but it’s 800 sf and has one bathroom, although I do have boys and a lemon tree, so there’s some bathroom flexibility. But I now believe that this is going to go on and on and on, that normal people don’t have a chance to get a house in a decent neighborhood without having to sign up for 30 years of debt servitude. Husband said we need to sign a contract with one of the big realty houses, but I really, really hate those guys and loathe the idea of being locked into a relationship with one of them with no guarantee that they’ll ever get a listing we’d want, fully knowing that he’d constantly be pushing us to exceed our spending limits. If any of you can teach me how to resign myself to renting permanently, it would be much appreciated. I don’t think our quality of life is going to be almost 2.5 times better than it currently is which is what buying would cost us, not to mention the enormous opportunity cost of a 20% down payment, so we’re still not buying, but I feel like a huge part of my life is on hold and I resent the F out of it.
Don’t fall for it. I know the temptation is too high and I know nothing about your circumstances. Wait a year to three years, I am sure you will have the last laugh. My girls wants the same thing as well and I have been resisting…it’s hard but this is the right thing to do.
My situation is even worse than yours. I convinced her to sell her house and move in with me in my rental.
Resent though you might, you do not beat the system by joining the ranks of suckers and debt donkeys. If you buy at bubble prices with borrowed money you are throwing away decades of the most productive time of your lives. That’s not improved “quality of life” in the long run. Do the long math.
It will happen and it won’t be that long IMO (see Vancouver). There are thousands of articles on this blog and elsewhere that make it undeniable. Imagine yourself paying 2.5 times per month what you pay now, no longer having the 130k+ you put down and being underwater 275k on your great new house. Plus depreciation, repairs etc. How would that affect quality of life?
“But I now believe that this is going to go on and on and on, that normal people don’t have a chance to get a house in a decent neighborhood without having to sign up for 30 years of debt servitude.”
It’s totally simple: Rent it, don’t own, unless buying pencils out.
This close to Election Day, 80:20 odds against winning must not seem too encouraging to the Always Trump people.
No one has even commented on the latest wiki leaks I put a link to in the other page. The deal is both of the groups supporting Trump and Hillary are dupes.
I will get a “so what” from only blind worshippers. And people here accuse me of supporting Hillary. Idiots.
“We need to be elevating the Pied Piper candidates so that they are leaders of the pack and tell the press to [take] them seriously.”
https://mobile.twitter.com/wikileaks/status/784908158426869761
Oh no, not the Tic Tac endorsement!
Media Hoax: Support For Trump Barely Affected by “Pu##y” Tape
The “disaster” claimed by the Clinton mouthpiece media was another hoax
Infowars.com - October 9, 2016 32 Comments
The “disaster” claimed by the Clinton mouthpiece media was another hoax.
Support for Trump has barely moved since the “pu##y” tape.
It registered as a big move in the Iowa Electronic Market Presidential Election Futures prices, which is about the closest thing to an instantaneous poll:
https://iemweb.biz.uiowa.edu/graphs/graph_Pres16_WTA.cfm
4% loans go bad w a 30% price drop?
Bahhhhh people would be shooting at each other
Anyone got some good hangover remedies for butters?
hilary is good for another 10 trillion in debt.
Yes, but she can expropriate most of that from Les Deplorables as she seizes their assets before dispatching these “irredeemables” to the Gulag.
A spontaneous show of support for Trump. They mobbed Trump Tower yesterday.
http://www.theamericanmirror.com/video-supporters-mob-trump-tower-donald-wades-crowd-sidewalk/
Another spontaneous show of support, from the SNL writers:
‘Saturday Night Live’ Recap: Trump, Trump, And More Trump
by Mike Fleming Jr
October 9, 2016 4:59am
While there has been an outcry over the last 24 hours for Donald Trump to step aside in the race for the White House after the leak of his lewd comments on an Access Hollywood bus in 2005, the makers of Saturday Night Live better hope that doesn’t happen. Donald Trump might well be the best thing to have happened to that show since John Belushi.
…
Yah, they’ve got Seth Myers, SETH MYERS, fer chrissakes, on Meet the Press. Seriously. Guy was never even that funny, always had to mug for the camera so that people would know he was telling a joke.
RIP, MSM. They’ve schat themselves into oblivion.
Thanks, famous actors!
https://www.youtube.com/watch?v=pyCHfJ3lKZQ
While Bernie Sanders was always the controlled opposition, and now is campaigning for Hillary Beelzebub Clinton, it appears a large segment of his disillusioned supporters still recognize Hillary for the bankster-globalist stooge that she is and will not be voting for her even if Bernie caved.
http://www.businessinsider.com/r-sanders-supporters-seethe-over-clintons-leaked-remarks-to-wall-st-2016-10
There’s no shortage of leaked remarks out of either candidate as this campaign slogs its way towards Election Day.
A month to go. I’ll be glad to get it over with.
What was the bigger bombshell - Trump’s crass comments in an unguarded moment, or Crooked Hillary’s admissions to her Goldman Sachs handlers of how she was in the bag for them?
http://www.theburningplatform.com/2016/10/09/and-now-the-bombshell/
Sunday funnies from TBP. Enjoy!
http://www.theburningplatform.com/2016/10/09/sunday-funnies-133/
Idiots who vote for globalist-bankster water carriers like Frau Merkel or Crooked Hillary have no right to complain when they reap Fundamental Transformation.
http://www.breitbart.com/london/2016/10/09/girl-dies-syrians-dump-stairwell/
We must accelerate our fundamental transformation while building our permanent Democrat supermajority. Forward!
http://www.breitbart.com/big-government/2016/10/07/obama-rushes-900-refugees-u-s-single-day-track-now-185000/
The oligarchy’s GOP puppets want to make it harder for their speakers (i.e. the most craven and feckless advocates of the crony-capitalist status quo) to be replaced by populist uprisings.
http://hotair.com/archives/2016/10/08/house-republicans-try-make-harder-speakers-replaced/
Hillary and her oligarch puppetmasters and bankrollers dream of free trade and open borders. Forward!
http://www.breitbart.com/2016-presidential-race/2016/10/07/leaked-hillary-clinton-speech-to-foreign-bank-my-dream-is-a-hemispheric-common-market-with-open-trade-and-open-borders/
Wheels are coming off the Houston economy.
http://wolfstreet.com/2016/10/08/texas-sales-tax-collections-fall-consumers-cut-back-houston-economy-drops/
Would WWIII be bullish for housing?
http://www.voltairenet.org/article193570.html
THE WALL STREET JOURNAL
Election 2016
Video Puts Spotlight on Donald Trump’s History of Lewd Comments
Trump campaign says past comments were for entertainment value, don’t reflect actual views
By Alexandra Berzon, Joe Palazzolo and Charles Passy
Updated Oct. 9, 2016 10:20 a.m. ET
The 2005 video that emerged Friday of Donald Trump talking about how he groped women has put a new spotlight on a decadeslong history of lewd comments by the Republican presidential nominee, as well as lawsuits against him by women who allege he sexually abused them.
…
THE WALL STREET JOURNAL
Kaine sees pattern of sexual assault in Trump; Giuliani defends candidate
By Donna Borak and Jess Bravin
Published: Oct 9, 2016 12:32 p.m. ET
Giuliani: ‘Gosh almighty, he who hasn’t sinned throw the first stone here’
Getty Images
Tim Kaine, pictured during last week’s vice presidential debate, says Donald Trump’s comments about women are more than just words.
WASHINGTON—Democratic vice presidential candidate Tim Kaine said Sunday that Donald Trump’s lewd and degrading comments about women show a “pattern of assaultive behavior” by the Republican nominee.
“It’s not just words,” the Virginia senator said on CNN’s “State of the Union,” referring to a 2005 video of Mr. Trump’s comments released on Friday. “It’s really talking about a pattern of sexual assault.”
…
Watch and learn, Democrats. Venezuelans voted themselves benefits someone else would have to pay for. The corrupt collectivist kleptocrats they installed in office looted the productive first, then everyone else. Now the country has descended into misery, lawlessness, and destitution - exactly what they deserve. This is a preview of coming attractions once the DNC gets its permanent Democrat supermajority and can embark on its own looting, er, “redistributing the wealth” schemes in America. Forward!
http://www.aljazeera.com/indepth/inpictures/2016/10/face-hunger-malnutrition-venezuela-161007055723064.html
Crooked Hillary knows she cannot implement her bankster-globalist agenda and redistribution of the wealth until the “irredeemable” quarter of the population she regards as “a basket of Deplorables” are disarmed. No wonder her oligarch puppetmasters look Soros and Bloomberg are pouring hundreds of millions into “gun control” initiatives.
http://www.breitbart.com/big-government/2016/10/07/wikileaks-release-hillary-clinton-press-secretary-says-gun-control-implemented-executive-order/
Discipline? More like a fat payday and a party.
Billy Bush won’t face ‘Today’ show discipline from NBC amid sexist Trump video fallout
BY Don Kaplan
NEW YORK DAILY NEWS
Saturday, October 8, 2016, 4:14 PM
An NBC executive said Saturday Billy Bush would remain a “Today” show host despite his role in a shocking 2005 video with Donald Trump in which they discussed groping women.
“There are no plans to take Billy off the show Monday, and there have been no discussions of any type of disciplinary action,” the exec said.
Another well-placed executive said Saturday that it would be difficult to take action against Bush because the vile talk with Trump happened 11 years ago.
“What are they going to do, suspend him? For something that happened a decade ago?” the executive said. “There’s been a lot of water under the bridge since then.”
“For conservative purposes, we use the lower debt estimate, and get that when combining a duration estimate of 5.6 years with a total notional exposure of $17trn, and current Dollar price of bonds of $105.6, indicates that, to first order, a 100bp shock to interest rates - the same one that Dalio envisions - would translate into a $1trn market value loss. That is using the more conservative estimate of the bond market. Using the broader, and more accurate, bond market sizing of $40trn, the market value loss estimate would be $2.4 trillion. While the largest number would be stunning, even the smaller $1 trillion loss estimate is massive:
it would amount to over 50% larger than the market value lost in the 1994 bond market selloff in inflation-adjusted terms, and larger than the cumulative credit losses experienced to date in the non-agency residential mortgage backed securities market. ”
http://www.zerohedge.com/news/2016-10-08/ray-dalio-warns-1-rise-yields-would-lead-trillions-losses
If stupid voters didn’t comprise 95% of the ‘Murican electorate, globalism - which benefits only the 1% at the expense of everyone else - would’ve been on the ash heap of history years ago.
https://www.theautomaticearth.com/2016/10/the-imf-and-all-the-other-losers/
While you watch tonight’s debate over who is the Biggest Abuser, try to keep in mind that Donald Trump is one of the candidates, while Bill Clinton is not.
CNN and NBC pay good money for that kind of commentary Professor.
I don’t get paid, nor am I interested in taking payment, for my comments.
Which is good, since most of your anti-Trump shilling is worse than worthless.
Sorry Bear, but Hillary says once she wins…she will put bill in charge of the u.s. economy. He is in this race.