The Whole Thing Is Sad!
A report from Bisnow on New York. “The supply flood and Millennial masses heading to cheaper fringe areas are causing rents to noticeably dip and condo/townhouse sales to soften. Leslie J. Garfield & Co real estate advisor Ravi Kantha said this pushback should’ve been expected as Brooklyn townhouses are being listed for the same prices as Manhattan luxury condos. ‘If the value’s no longer there, only the people who really want to live in Brooklyn will pay those prices,’ he told the crowd at Bisnow’s Brooklyn’s State of the Market.”
“He said companies, including his own, need to readjust their expectations. Toll Brothers City Living president David von Spreckelsen said his firm’s already done so, focusing on a delivering condos worth $2M or less.”
From Crain’s New York. “Buyers at Manhattan’s tallest ultra-luxury condo tower are getting discounts worth millions, a sign of the times in a market that’s swamped with costly homes. At 432 Park Ave., buyers who signed contracts and completed those purchases this year got price reductions averaging 10%, according to an analysis by appraiser Miller Samuel Inc. In one of the most recent big transactions to close, a penthouse on the 88th floor sold for $60.9 million, a 20% markdown from what developers initially sought, city property records made public Dec. 2 show.”
“As new high-end projects mushroom across the skyline, developers of ones that came to the market earlier are cutting deals to unload units before competition gets even more heated. Sales at 432 Park, a 1,397-foot tower on 57th Street off Park Avenue, started in 2012, when the building was just an idea on paper. Now, with construction finished, purchases are able to close and the developers are highlighting that, along with price cuts, as ways to seal a deal with buyers who have many choices.”
“‘It think it’s smart,’ said Jonathan Miller, president of Miller Samuel. ‘This is a recognition of the product that’s coming up behind this one.’”
“The building isn’t the only recently completed ultra-luxury tower that’s lowered prices. A few blocks away on 57th Street, a 4,193-square foot apartment at Extell Development Co.’s One57 sold in October for $21.6 million, or 24% off the last asking price, according to listings website StreetEasy. Discounting is also happening at Manhattan projects that are still under construction. ‘Every building is implementing some some sort of negotiability,’ Miller said. ‘It’s a sharp change from peak new development in 2014, when there wasn’t that opportunity for buyers.’”
From Vanity Fair. “One of the more ghostly, lonely things about modern New York City is that many of the luxury apartments tumored across Manhattan are bought and paid for with millions of dollars, and yet they lie empty. Whole towers of massive duplexes, owned yet unoccupied, vanity purchases made by Saudi billionaires and Russian oligarchs that were never meant to be lived in. They’re simply equity, or bragging rights. Hell, there’s a whole hideous quarter-mile-high totem to this practice currently destroying the city’s skyline.”
“It’s just a fact of New York City that oftentimes rich people buy apartments that they never live in. Even celebrities do it. Celebrities like Leonardo DiCaprio. Yes, the FernGully to our collective There Will Be Blood purchased a Manhattan apartment in the East Village—a home for ‘wellness’ endorsed by Deepak Chopra—in 2013 for $10 million, and yet never moved in. Now he’s sold it at a loss, for $8 million. He lost $2 million on the deal! And he never even lived there. Isn’t that sad?”
“It’s sad for DiCaprio’s bank account, of course. It’s sad for Deepak Chopra. It’s sad for the free parking space DiCaprio was given, to park his ‘$100,000 Fisker Karma hybrid,’ according to Page Six. If anyone had any idea what a Fisker Karma hybrid is, then I’m sure we’d find something sad there too. The whole thing is sad!”
From Mansion Global. “Colin Kaepernick is back in the news, although this time it has nothing to do with the National Anthem: The San Francisco 49ers quarterback has bought a Tribeca condo and is selling off his San Jose home. Mr. Kaepernick quietly bought the two-bedroom apartment in luxury development One York for $3.21 million in July under a family trust, Mansion Global has learned.”
“Mr. Kaepernick’s new apartment, at 1,733 square feet, is only a fraction of the size of the mansion he’s now selling in San Jose, a 4,569-square-foot house in San Jose’s Silver Creek neighborhood. He announced through the team that he’s listed the mansion for $2.895 million. According to the listing, the property benefited from a $300,000 renovation, presumably by the 29-year-old athlete, who moved in two years ago. Mr. Kaepernick bought his San Jose home under a family trust for $2.7 million in 2014, according to property records.”
The Bisnow has info on the retail situation too.
‘Flushing’s growing pains‘
‘With an overtaxed infrastructure and thousands of condos in the pipeline, can the Queens enclave sustain the housing boom?’
‘There are signs that land prices have become overheated. David Brickman, a director at Onex, said his firm wants to do more development in Flushing, but he’s waiting for the market to settle. “Land prices are a little bit inflated right now,” he said. “Developers looked at our success and have tried to price that into their properties.”
‘Among the big players who seem to have cooled on the Flushing market is hotelier Sam Chang. Back in September 2015, the McSam Hotel Group CEO told TRD that the Flushing market was “hot.” He was planning to build condo towers as well as two hotels in the neighborhood. But the following month, he flipped the development site to Wing-Fung’s Chau. “I don’t believe in this market,” Chang said in a Commercial Observer story at the time.’
But the following month, he flipped the development site to Wing-Fung’s Chau. “I don’t believe in this market,” Chang said in a Commercial Observer story at the time.’
In one month, everything changed. Hot to cold.
He lost $2 million on the deal ! “It’s sad for DiCaprio’s bank account, of course ??
He shrugs his shoulders at 2-mil…
Leonardo DiCaprio Net Worth. Leonardo DiCaprio’s net worth is $217 million. The Leonardo DiCaprio net worth total includes $325 million in earnings. The actor earned $20 million for The Revenant and $55 million for Titanic.Jan 13, 2016
Price discovery is the trend. Who cares about Leo? Anyone?
If you go to the Mansion Global link you’ll see this guy is unloading houses left and right. Maybe he’s trying for this record:
How Nicolas Cage Wildly Spent a $150 Million Fortune - FinanceBuzz
financebuzz.io/finance-nicolas-cage-buying-spree
Aug 5, 2016 - Nicolas Cage made over $150 million acting between 1996 and … By the time he reached his mid-forties (he’s now 53), Nicolas Cage spent so much cash that … Cage bought this famed New Orleans house in 2006 for $3.45 …
6 Lessons From Nicolas Cage’s Real Estate Catastrophe - TheStreet
https://www.thestreet.com/…/6-lessons-from-nicolas-cage-s-real-estate-cat...
Nov 12, 2015 - Actor Nicolas Cage lost a fortune through ill-advised real estate investments. … Sure, Cage blew a lot of money on sports cars, private jets and …
People also ask
How many houses does Nicolas Cage have?
Isnt this just sour grapes? Like saying Tome Brady is a loser, while watching TV in your single wide?
Who is Tome Brady?
a heavy book about Tom Brady.
If “rich” celebrities have so much money they don’t care about losing a few million, how come they’re always buying, renovating, and selling real estate? A lot of them are neck deep in this.
Paying massively inflated prices for a dead asset like housing is why they all die dead broke. Every last one of them.
Earning alot of $$ doesn’t fix stupid.
no one is super smart and poor
no one is super smart and poor
—
But there are loads of examples of being rich without being all that smart.
no one is super smart and poor
You can probably find some. Saint Francis of Assisi was probably pretty bright.
no one is super smart and poor, if they don’t want to be poor.
How’s that?
dead.broke.
“If “rich” celebrities have so much money they don’t care about losing a few million, how come they’re always buying, renovating, and selling real estate?”
I guess, because they don’t care about losing a few million.
I know HBB is mostly about the money involved in housing, but there *is* some enjoyment to be had in fixing up decrepit houses to be nice again. And this goes beyond the cosmetic flip-for-profit. If only those celebs had some taste…
IMO, if I had celebrity money, I’d be fixing up entire blocks of poor neighborhoods for ~$50K per house, rather than mess around with expensive materials in just a few estate homes and luxury air boxes. Props to celebrities Harry Connick Jr and Branford Marsalis who did something like this. They created Musician’s Village, a housing development in post-Katrina NoLa.
San Francisco 49ers quarterback has bought a Tribeca condo and is selling off his San Jose home ??
How is that sitting down during the national anthem and running your mouth about it working out for you Cap ??
He’s enraged. Like everyone else in CA.
He’s enraged because the Niners are 1-11, second-to-last in entire league. His contract is up at the end of the year. He might try to re-sign with the Niners, but he’s mediocre enough that the Niners might release him anyway.
Maybe he’ll sign with a CFL team in an oil bust city. *cross fingers* That would be so funny. He’d actually be moving to Canada, like all the good Hillary supporters promised to do. He could buy a cute cottage at fire sale prices in an Oil City, thus satisfying HBB. And he’d have a job that fits his skills. Win-win-win!
Hey Donk.
Hey Enager.
Hows that depreciation treating you.
“He’s enraged because the Niners are 1-11…”
He’s done… finished.
‘he’s now selling in San Jose, a 4,569-square-foot house in San Jose’s Silver Creek neighborhood. He announced through the team that he’s listed the mansion for $2.895 million. According to the listing, the property benefited from a $300,000 renovation, presumably by the 29-year-old athlete, who moved in two years ago. Mr. Kaepernick bought his San Jose home under a family trust for $2.7 million in 2014, according to property records.’
Add in UHS fees, taxes for two years. Was it cheaper than renting Colin?
After adding in the renovation his property taxes on that house are roughly $38,000. per year…
Sad!
‘Leonardo DiCaprio…purchased a Manhattan apartment in the East Village…in 2013 for $10 million, and yet never moved in. Now he’s sold it at a loss, for $8 million. He lost $2 million on the deal! And he never even lived there. Isn’t that sad?’
Oh for the days when UHS regaled us with the “safe deposit box in the sky” line.
Leo is not sad. Have you seen the models he dates?
He’s a sad panda:
‘Referencing Trump’s claims that climate change is not real, he said, “The scientific consensus is in and the argument is over. If you do not believe in climate change, you do not believe in facts or in science or empirical truths and therefore, in my humble opinion, should not be allowed to hold public office.”
‘Before a screening of his film Before the Flood, he led a climate change panel…In the film, DiCaprio travels the world, including trips to China, Greenland, India and the Arctic and talks to people affected by climate change.’
Stamp your little feet Leo!
Leonardo DiCaprio flies his LA friends 6,000 miles for his speech on …
http://www.dailymail.co.uk/…/What-planet-Leo-DiCaprio-flies-LA-friends-6-000...
Jul 2, 2016 - DiCaprio flies his LA friends 6,000 miles around the world so they can … tons of carbon dioxide per person, while if they travel by private jet it …
Leonardo DiCaprio jets around the world partying and preaching on …
http://www.dailymail.co.uk/…/Eco-warrior-hypocrite-Leonardo-DiCaprio-jets-wo...
May 23, 2016 - DiCaprio (here, with co-star Tom Hardy) travels to Leicester Square for The … It is the World Economic Forum annual meeting and Leo, pictured …
Leonardo DiCaprio’s global warming doc is the most depressing world …
http://www.theverge.com/…/before-the-flood-leonardo-dicaprio-global-warmi...
Sep 10, 2016 - But if you like watching Leonardo DiCaprio do stuff, you’re in for a treat. … ‘Before the Flood’ is meant as a clarion call for viewers to change the world …. He could have at least used commercial travel, but I suppose that would …
Inside Leonardo DiCaprio’s Crusade to Save the World - Rolling Stone
http://www.rollingstone.com/…/inside-leonardo-dicaprios-crusade-to-save-the-...
Feb 18, 2016 - Leonardo DiCaprio is on the verge of winning an Oscar for ‘The … As the documentary crew travels from global bleak spot to bleak spot, …
Leonardo DiCaprio Is Helping Save The World One Good Cause At A …
http://www.huffingtonpost.com.au/…/leonardo-dicaprio-is-helping-save-the-w...
Oct 31, 2016 - Watch #BeforeTheFlood right here, as @LeoDiCaprio travels the world to tackle climate change https://t.co/LkDehj3tNn https://t.co/naimfWnAQn.
Leonardo DiCaprio’s Carbon Footprint Is Much Higher Than He Thinks
http://www.forbes.com/…/leonardo-dicaprios-carbon-footprint-is-much-higher...
Mar 1, 2016 - We need to support leaders around the world who do not speak for the … his extensive usage of private jets to travel around the globe for both …
How Leonardo DiCaprio became one of the world’s top climate …
https://www.theguardian.com › Environment › Climate change
Feb 29, 2016 - How Leonardo DiCaprio became one of the world’s top climate change …. and travelling to locations that are on the frontline of climate change.
Before the Flood Review: Leonardo DiCaprio Leads Climate Change …
collider.com/before-the-flood-review-leonardo-dicaprio/
Oct 30, 2016 - … the Flood’ Review: Leonardo DiCaprio Heralds the End of the World … of corporate money into politics is touched on, and DiCaprio travels …
Leonardo DiCaprio took an outrageous 8000 mile trip in a private jet to …
qz.com/…/leonardo-dicaprio-took-an-outrageous-8000-mile-trip-in-a-pri…
May 23, 2016 - Leonardo DiCaprio expanded his carbon footprint last week, taking a … protect the environment at the World Economic Forum in July 2015.
Excellent observations. There is nothing more stupid than vanity air travel when it comes to spewing CO2 in huge amounts and for no good reason.
Lola…. How much bail do you pay to stay out of your RageCage?
Have you seen the models he dates ??
The best that money can buy….No better example than the president elect…
http://www.oldielyrics.com/lyrics/jimmy_soul/if_you_wanna_be_happy.html
Mr. President Donald Trump. A sophisticated statesman…. with a squad of sexy strumpets.
Ya gotta pay to play.
Faces of despair at Clinton party in Manhattan
Gallery:
http://www.fox5ny.com/news/216373607-story
Faces of despair at Clinton party in Manhattan
Comedy gold.
Compare and contrast the 18 year old kids sent to Normandy beach with the SJW college kids who need safe spaces to cry in when their feewings are hurt.
I read somewhere (I think it was “Page 6″ gossip, not on the MSM) that Hillary is holding a thank-you party for her $1M+ donors. Wow she disappeared quick. All I’ve seen is one behind-the-scenes concession phone call, the staged purple-lapel concession speech, a conference call with donors, and now this thank-you lunch with more high dollar donors. Has she even *tried* to go out and speak to her supporters in person?
Here’s one version of Hillary’s current activity:
“Why did Hillary Clinton join Jill Stein, the Green Party’s oddball presidential nominee, in asking for a recount of the votes in Wisconsin, Michigan and Pennsylvania, when everyone knows that such a recount won’t change the outcome of the 2016 election?
Part of the answer is that people close to Hillary — Huma Abedin, Chelsea Clinton, and Sidney Blumenthal — encouraged her to ask for a recount as a way of lifting her spirits.
“She is weepy, looks 10 years older and is very whiny,” said one of Hillary’s closest friends. “She has been drinking wine pretty heavily, much more than usual.
“She mopes around all day, swimming in a sea of recriminations and complaining that her campaign managers were ‘incompetent,’ Bill and Chelsea ‘didn’t work hard enough,’ FBI Director Comey was ‘in league with Trump.’”
In addition, President Barack Obama convinced Hillary that it was in the best interest of the Democratic Party if the Clinton legal team got involved with the recount and didn’t leave it to Jill Stein.
“The president felt that the progressives were acting stunned and helpless and had to rise out of their stupor and show that they weren’t going to take their defeat lying down,” said the source.”
http://www.newsmax.com/Newsfront/ed-klein-hillary-recount/2016/11/30/id/761363/
Apparently the recount is her way of lifting spirits. Whew, Obama really does have it in for her.
Why did Hillary Clinton join Jill Stein, the Green Party’s oddball presidential nominee, in asking for a recount of the votes in Wisconsin, Michigan and Pennsylvania?
I think that that’s mistaken. I don’t think that she joined the lawsuits.
http://www.cnn.com/2016/11/26/politics/clinton-campaign-recount/
I don’t know if she joined any lawsuits, but she did choose to join in pushing for recounts.
Here is the opening line from the CNN article:
“Hillary Clinton’s campaign said Saturday it will take part in efforts to push for recounts in several key states, joining with Green Party candidate Jill Stein, who has raised millions of dollars to have votes counted again in Wisconsin.”
“Hillary Clinton’s campaign said Saturday it will take part in efforts to push for recounts in several key states, joining with Green Party candidate Jill Stein”
Flashback: Hillary Said Not Accepting Election Results Was ‘Direct Threat To Democracy’
https://www.youtube.com/watch?v=6oSicfdfmFU
“Leo is not sad. Have you seen the models he dates?”
Guys in a trailer park get more than Leo ever will from those models.
‘Starbucks boss Howard Schultz plans to open 12,000 more stores over the next five years, he announced today. But at the same time he said brick-and-mortar is a dying breed.’
“We’re going to see a very major downturn in the fact that the country is over-retailed in lots of categories. We’re going to see significant, major brands — as we’ve seen already — not open many stores as they have in the past and it’s the beginning of lots of companies announcing store closures,” Schultz said.’
country is over-retailed in lots of categories ??
Sears is the next big one to drop…The only reason they are still operating is because they can leverage their massive real estate holdings…
So what you’re saying is, don’t expect to see Starbucks opening inside Sears stores.
Have we reached Peak Starbucks yet? 12K more stores? Crikeys, around my parts, there is a standalone Starbucks in a store parking lot, and another Starbucks not 75 feet away inside the grocery store. How many more do we need?
Near-homeless need free wi-fi and a warm room to watch Netflix in all day for the cost of a cup of coffee.
At some point, Starbucks will be opening stores in the bathrooms of existing Starbucks.
Please don’t give them any ideas. I would like to go to the bathroom in peace!
And preferably without any gender-confused males in the immediate vicinity, I suppose. SO insensitive….
“they can leverage their massive real estate holdings…”
Does not compute. If retail is dead, wouldn’t that mean those holdings are worthless? Or do you mean if they sold out, knocking down the stores/malls, to even more condo building developers? Seems like sum ting wong.
I think Sears’ holdings are mainly valuable because of the age of the company. Some of their properties are now in the middle of thriving markets.
Here is an analysis of the real estate break-up play from a few years ago.
http://www.bakerstreetcapital.com/BakerStreet_SHLD.pdf
They think that the top 5% of the stores hold 30% of the value…and the bottom 80% only have 15% of the value.
This actually makes sense to me.
I’ve seen one of their noted strategies play out in a REIT that I own. Namely, increasing rent per square foot, but decreasing the footprint of the larger stores, and bringing in some specialty stores. As an example, they might shrink a 30k sf store to 22k, and lease out a 5k and a 3k unit to smaller users (ULTA, etc.). The big tenant pays less per month total, but more per square foot, and the small tenants pay a lot more per square foot…if you can divide the space for a small enough amount of money, everyone wins.
If the yield on the marginal cost exceeds the market cap rate, then the owner is adding value through the process. And the yields on marginal cost that I’ve seen were 10%+ in a 7%- cap rate environment.
The other comment I heard recently is that retailers find that they sell more product on-line in markets where they have a physical presence. Retailers still see value in having a physical store…just not as large a store, and they will be more selective with respect to location.
I’ve lived in times and places where the Sears presence was only a tiny catalog order pickup desk.
It computes perfectly. They are able to borrow against their real estate holdings irrespective of how the retail side of the business is doing. You just don’t realize how much real estate they own.
Phoney valuations makes alot of things possible.
“only reason they are still operating”
followed by
“borrow against their real estate holdings”
Doesn’t sound sustainable. What would use their new debt for?
I get it if they are sub-leasing per RW’s info above…but then that would mean that we weren’t “over-retailed.”
Molon Latte. Come and take it - my coffee order (said to precious snowflakes with their sociology and wymin studies double majors).
‘In one of the most recent big transactions to close, a penthouse on the 88th floor sold for $60.9 million, a 20% markdown from what developers initially sought, city property records made public Dec. 2 show.’
‘As new high-end projects mushroom across the skyline, developers of ones that came to the market earlier are cutting deals to unload units before competition gets even more heated.’
‘It think it’s smart,’ said Jonathan Miller, president of Miller Samuel. ‘This is a recognition of the product that’s coming up behind this one.’
Can we say the bubble has popped yet?
“High End Manhattan Apartment Prices Taking a Dramatic Plunge”
http://jewishvoiceny.com/index.php?option=com_content&view=article&id=16438:high-end-manhattan-apartment-prices-taking-a-dramatic-plunge&catid=112&Itemid=792&lang=en
May God bless Mr. President Donald J. Trump. May God bless The United States of America.
Barron’s Mom has got it going on
https://www.youtube.com/watch?v=dZLfasMPOU4
Is Jamie Dimon good for the people?
darn! “Drain the swamp” sounded so good!
Hillaryous lost Lola and Mr. Trump is your President for the next 8 years. Get over it and get on with your life.
So much fun to dog this orange clown! Life is good!. Lets get this crash started!
HRC is a neo-con.
And you’re going to love it.
http://www.marketwatch.com/story/white-house-trumpets-stock-market-gains-under-obama-2016-03-04
“White House spokesman Josh Earnest on Friday spotlighted the strong gains in equities since Dodd-Frank regulatory reform became law, saying the gains prove that concerns the new regulation would strangle the financial markets were wrong.”
If stock market gains were “proof” that Dodd Frank didn’t strangle financial markets, I wonder what they are going to say with the market raging higher on the promise of loosening regulations/repealing Dodd Frank?
Seems like the market did well despite regulatory overreach, not because of smart regulation.
DOW 19,549.62
Hollywood, CA Housing Prices Crater 6% YoY
http://www.zillow.com/hollywood-los-angeles-ca/home-values/
And the fruits in Fruitville will all cry BOO HOO.
I know this isn’t a China thread, but…
http://www.msn.com/en-us/money/markets/chinas-banks-are-hiding-more-than-dollar2-trillion-in-loans/ar-AAlgSM7?li=BBnbfcN
CA is closing it’s last, old nuclear power plant. Funny thing, only the people who work there want it to stay open.
Do they plan to move all that water from the north with solar panels?
Donald Trump Picks Fossil Fuel-Friendly Oklahoma Attorney General To Head EPA.
Finally, we can compete with China for dirtiest air.
Profits before people. The swamp grows and grows.
https://www.youtube.com/watch?v=e18eE33juE8
It’s fun to watch you blow a gasket every time trump wins. Stamp your feet! Stamp em’!
‘Trump lays out non-interventionist U.S. military policy’
“We will stop racing to topple foreign regimes that we know nothing about, that we shouldn’t be involved with,” Trump said. “Instead, our focus must be on defeating terrorism and destroying ISIS, and we will.”
‘Instead of investing in wars, he said, he would spend money to build up America’s aging roads, bridges and airports.’
“We don’t want to have a depleted military because we’re all over the place fighting in areas that we shouldn’t be fighting in. It’s not going to be depleted any longer,” he said.’
‘Trump said any nation that shares these goals will be considered a U.S. partner. “We don’t forget. We want to strengthen old friendships and seek out new friendships,” he said. He said the policy of “intervention and chaos” must come to an end.’
http://www.reuters.com/article/us-usa-trump-military-idUSKBN13W06L
It could be interesting.
he has little patience for the organizing principle of the Tea Party: the idea that the federal government must live within its means and lower its debts. Instead, he seems to favor expensive new infrastructure spending and tax cuts as economic stimulus, much like Obama did in 2009. “Well, sometimes you have to prime the pump,” he says.
http://time.com/time-person-of-the-year-2016-donald-trump/
I am glad that my boy Trump thinks that Bush/Cheney nearly destroyed America. Some still think Bush was good for US.
Bring on the crash! DOW 20k is not what we want–right?
He couldn’t possibly be worse than any of the presidents we’ve had since LBJ, and will probably be way better.
I am here for the crash, cheaper prices on everything. I want him to jack it all up. Opposite of Obama’s record.
I need a 4 car garage for my toys.
Lola…. An apartment is the next logical step from a halfway house. Not a 4 car garage.
Trump is a mixed bag for sure. But to be honest, it’s probably worth a little more CO2 pollution — and even maybe some pu***-grabbing, if it means pulling out of endless wars, training and employing Americans (of all colors) instead of importing workers, and getting airports that you don’t dread going to.
Excellent observation.
You will like this too. Alt-energy causes more pollution than conventional. Less airborne BS will also be a breath of fresh air.
Everyone is so wee-wee’d up on CO2 that they forgot about the other pollution. SOx, NOx, soot, heavy metals, etc. (well, coal needs to clean up the heavy metals)
Well Lola the coal rollin’ is just beginning. Learn to love rollin coal.
Enjoy. From my boys to you at 3:50.
https://youtu.be/8CUZOhEcXlc
My wife grew up in So Cal, and experienced the worst of the So Cal smog as a child.
Long before Obama came into office, policies were put into place that cleaned up the air considerably.
My wife visited Beijing on business in 2007, and was sick for a week after coming home–and noted that the air there was worse than she ever experienced…by a wide margin.
Dialing back Obama’s regulations will not be anywhere close to competing with China for the dirtiest air. And throwing out hyperbole laced statements won’t convince anyone here.
It is also possible that Trump makes it easier to build cleaner sources of energy…nuclear anyone?
Clinton favored nuclear power in a form that doesn’t exist. Sanders was against it…Trump is in favor.
Publicly shaming Boeing against a $4B price tag for AF1? Love it.
I can’t wait until he lays into the Pentagon for shelving the report that outlined a way to save $125 Billion.
I cant wait until he jails the scamming bankers that were too big to fail. Then go after the subsidies we give to big oil. No more billions to Isreal. The US spends $35 billion on foreign aid.
Interesting to talk about isolationism today of all days.
No more billions to Israel.
Once again, there’s this thing called the Congress. They’re very friendly towards Israel.
What is Obama’s worst clean air regulation?
Having the EPA effectively recharacterize CO2 as a pollutant in order to give the EPA jurisdiction over anything that emits CO2.
That way, the EPA could circumvent Congressional powers as they relate to environmental regulation.
Massive power grab by Obama’s EPA.
link?
Hey new
This kid feels your pain.
https://www.youtube.com/watch?v=VZ9cR93AynY
“Donald Trump Picks Fossil Fuel-Friendly Oklahoma Attorney General To Head EPA.’
Obamas Fly to Los Angeles on Same Day, But Take 2 Separate Planes… Wait, What?
BY JILLIAN G · PUBLISHED · UPDATED MARCH 16, 2015
The president and the first lady were both in California this past week, on the very same day. Obama was making an appearance on Jimmy Kimmel’s show in Hollywood. Michelle was making an appearance on Ellen in Burbank. These locations are just 7.7 miles apart.
Since they were essentially going to the same place, you might imagine the Obamas traveled together on Air Force One (which costs the American taxpayers approximately $228,000 for every hour spent in the air), but you’d be wrong. Apparently, that wasn’t convenient. President Obama took the presidential jet, and Mrs. Obama traveled on her own.
When the president appeared on Jimmy Kimmel Live!, he entertained the audience (as is the custom for Kimmel’s guests) by reading “mean tweets” about himself. Later, he attended a Democratic National Committee fundraiser, then continued on to Phoenix for another event.
Since a nonstop flight from D.C. to L.A. is more than 5 hours one way, we can quickly calculate that the president’s flight cost $2.3 million by itself – not counting any additional expenses. Add in Michelle’s flight, which could have been $1 or $2 million.
You know what they say, a million here, a million there and it starts to add up to real money.
Of course, the Obamas didn’t foot the bill. You did! Aren’t you glad your tax dollars are being used for important things like appearing on Ellen and Jimmy Kimmel?
http://raisetheflagreport.com/michelle-and-barack-obama-went-to-california-the-same-day-but-not-together/
The funniest part of that article is that Obama “attended a DNC fundraiser.” Who in their right mind would give $$ to the DNC right now?
Reduced use of coal has led to less mercury in Atlantic bluefin tuna
http://arstechnica.com/science/2016/12/less-pollution-makes-for-less-mercury-in-atlantic-bluefin-tuna/
Medford, OR Housing Prices Crater 6% YoY
http://www.zillow.com/medford-or/home-values/
Repeal those regulations! Let biz do as they please–they wont cheat.
http://www.krtv.com/story/33996065/thousands-of-snow-geese-have-died-after-toxic-exposure-in-berkeley-pit
Snow geese are nothing more than flying rats. Fewer of them is a good thing.
“We’re going to get the prices down and if we don’t get the prices down, we’re not going to order them,” Trump said in a phone interview with NBC. “We’re going stick with what we have.”
We’re going to get the prices down. Whether you like it or not.
bring on the crash!!
cash in hand!
Cheer up and remember Lola….. Nothing accelerates the economy and creates jobs like falling prices to dramatically lower and more affordable levels.