The Boom Times Are Quieting To An Echo
A report from the Seattle Times in Washington. “At $750 a month, a new apartment opening in the University District is one of the cheapest in Seattle. So what do you get for that price? A room the size of a parking space with a toilet that’s not even behind its own door. The landlord for a congregate housing building opening on Seventh Avenue Northeast recently posted an ad online searching for tenants, and it was widely circulated this week in a Reddit post that referred to the room as a ‘prison cell.’ The ad features a 130-square-foot ’studio’ that contains a sink, shower and toilet. The entire space is in one room: The toilet and shower are open to the rest of the living space. There is no kitchen.”
“The rent is $750 a month, plus a $1,000 deposit, and includes access to a congregate kitchen area and free utilities. For perspective, just seven years ago, $750 got renters the average University District studio, according to Dupre + Scott Apartment Advisors. And the typical studio in the neighborhood is more than three times bigger than the one featured in the ad, and has a shower and toilet in a separate room called a ‘bathroom.’”
The Washington Post. “For the second time this fall, average monthly rents declined in the Washington area in October, according to Axiometrics, a provider of data on apartment and student housing market trends. ‘An employment base where one in five jobs is in some level of government does tend to have a stabilizing effect on the overall D.C. apartment market,’ says Nick Fitzpatrick, a real estate analyst with Axiometrics. ‘However, as we saw in 2013 with the budget sequestration, there are times when that can work against the D.C. apartment market.’”
The Miami Herald in Florida. “Repeating a strategy from the last time Miami’s luxury home market cooled down, the Related Group — South Florida’s biggest condo builder — is announcing plans for two new residential projects in Mexico. South Florida’s condo market has had a rough year thanks to a grueling election season and a strong dollar. Developers including Related have delayed, suspended or canceled new projects in the absence of foreign buyers. Sales for existing condos in Miami-Dade County fell 30 percent year-over-year in October.”
“When the housing market crashed in 2008, many developers bought land and built projects in more stable markets abroad, hoping to weather the downturn until the United States recovered. ‘We’ve always been doing projects in Latin America and most of our buyers are in Latin America,’ said Carlos Rosso, head of Related’s condo division. ‘When things start slowing down here, we do more projects in Latin America.’”
From SF Curbed in California. “The consulting firm Beacon Economics assessed the state of the Bay Area’s financial bearings on Monday. They conclude that the boom times are quieting to an echo, thanks in part to housing costs. Oh, jobs are still on an upward trend. But they’re smaller gains than they have been, with even shrimpier returns projected for the near future, somewhere between one and one and a half percent.”
“Meanwhile, the Beacon analysis points out that ‘a mere 13% of San Francisco County residents were able to afford the monthly payments on a median priced home.’ Actually, that might even be a slightly generous assessment. The California Association of Realtors projects that you need to be making about $252,000/year to afford a home in San Francisco. The Census says the city’s median income is just over $92,000. (Although admittedly the mean is much higher: $134,000.) ‘As the rising cost of living in the area chips away at wage advantages, net migration is expected to dramatically decline over the next few years,’ writes the Beacon team.”
“Of course, you can rent for about half of what CAR estimates is the monthly cost of a standard SF mortgage ($6,310).”
Falling tax revenues = rising property taxes for wealth extraction from the middle class.
http://wolfstreet.com/2016/12/07/texas-sales-tax-collections-fall-houston-economy-gets-crushed/
They could always cut spending….
Oh wait…..
Hahahahahahahahahahahahahahaha
‘The Texas economy isn’t monolithic. People in North Texas (the Dallas area), in Austin, and some other places are scratching their heads; the economy where they are is doing well. So retail sales may not be all that strong either, but exuberance still reigns in the housing market. Big companies are moving operations into the Dallas area, and total employment in October was up 3.5% year-over-year, to 3.59 million, though that was down a smidgen from September. There aren’t many dark clouds in sight – as long as the housing euphoria holds up.’
‘People in North Texas (the Dallas area)’
It would take more than a day to drive across north Texas. You can cross the metroplex in 3 hours or so.
“You can cross the metroplex in 3 hours or so.”
You forgot to add the universal disclaimer, “depending on traffic”.
And yet everywhere I turn, they are building more commercial buildings. There are new stores, cafes, and restaurants opening DAILY within a mile of where I live. I’ve never seen anything like it.
Within the last few months, there have opened the following places within 1/2 mile of where I live: a Verizon store, Taco bell, Starbucks, a car wash, Ulta, Tuesday Morning. Gander Mountain is about to open. There’s a strip mall with several new places that I imagine will be opening shortly.
This is just off the top of my head, and I’m sure I’m forgetting some. There’s so much going on you can’t really process it all. I become confused when I drive because the landscape keeps changing.
Not in my neck of the woods. There is apartment construction, but no new strip malls or new chain outlets. We have an old outlet mall that has been half occupied for years, and the newer outdoor mall across the freeway has plenty of available space.
For perspective, just seven years ago, $750 got renters the average University District studio, according to Dupre + Scott Apartment Advisors. And the typical studio in the neighborhood is more than three times bigger than the one featured in the ad, and has a shower and toilet in a separate room called a ‘bathroom.’”
Heckova job, Ben and Janet. Hope n’ change Goldman Sachs can believe in, Bitchez….
“Meanwhile, the Beacon analysis points out that ‘a mere 13% of San Francisco County residents were able to afford the monthly payments on a median priced home.’ Actually, that might even be a slightly generous assessment. The California Association of Realtors projects that you need to be making about $252,000/year to afford a home in San Francisco. The Census says the city’s median income is just over $92,000.
Seems sustainable to me….
SF is full of trustifarians. They move there with $$$.
The median household income is - $78,000 (all households) in San Francisco.
The median “family” income is $92,000.
I love how all these housing tards like to choose the “better” figure for their analyses. The Chicago Tribune used to publish housing costs in a particular area and they used a “typical” income, whatever that is.
Prop 13 screws this up.
If you are living in a home that people say is now worth $1.2MM home, but paying taxes as though it’s worth $400k, it’s easy to stay.
That doesn’t make a whole lot of sense knowing there isn’t a shack on the planet worth $1.2M.
The ENRAGER strikes again! Thank you for my daily enragement/sanity check.
This is cool.
http://kfor.com/2016/12/07/muslim-restaurant-to-feed-the-homeless-and-elderly-for-free-on-christmas-day/
So when a muslim rapes or murders in the name of thier religion - the press just ignores that fact. “No motive for this crime has been discovered…”
Just take the recent example of the OSU Somalian immigrants dreamer…
They do something nice - it plastered all over the article.
Okay, I’m guessing the proprietors of this restaurant, and the vast majority of their co-religionists, never raped or murdered anyone in the name of their religion. Be that as it may, it was a decent and kind thing to do. God, whoever or whatever he is, would surely approve.
https://www.theguardian.com/global-development/2016/dec/07/child-labour-bangladesh-factories-rampant-overseas-development-institute-study
51% of U.S. Muslims want Sharia
https://www.jihadwatch.org/2015/10/51-of-u-s-muslims-want-sharia-60-of-young-muslims-more-loyal-to-islam-than-to-u-s
Now go google how infidels live under sharia.
They do a whole lot more than pray for your sins…
What percentage of evangelicals want jesus law?
from that page:
51% of Muslims living in the U.S. who just this June told Polling Co. they preferred having “the choice of being governed according to Shariah,” or Islamic law.
That’s not the same as imposing it on other people.
We have the freedoms of the US Constitution written the Founding Father who were western and Christians.
The Founding Fathers were not preachers or priests. But they were near universally rooted in Christianity.
https://en.wikipedia.org/wiki/The_Faiths_of_the_Founding_Fathers
And then we have sharia.
You pick.
—
Sharia:
2- A Caliph can hold office through seizure of power meaning through force.
3- The head of an Islamic State (Caliph) cannot be charged, let alone be punished for serious crimes such as murder, adultery, robbery, theft, drinking and in some cases of rape (Hudood cases) - Codified Islamic Law Vol 3 # 914C of and page 188 of Hedaya the Hanafi manual.
8- A Muslim who leaves Islam (apostate) must be killed immediately.
9- A Muslim will be forgiven for murder of : a) an apostasy b) an adulterer c) a highway robber. Making vigilante street justice and honor killing acceptable.
10- A Muslim will not get the death penalty if he kills a non-Muslim.
11- Sharia never abolished slavery and sexual slavery and highly regulates it. A master will not be punished for killing his slave. Slavery still exists amongst Arab Muslims.
13- Non-Muslims are not equal to Muslims and must comply to Sharia (pay Zizzya: poll tax) if they are to remain safe. They are forbidden to marry Muslim women, publicly display wine or pork, recite their own religious scriptures, or openly celebrate their religious holidays or funerals. They are forbidden from building new churches or building them higher than mosques. They may not enter a mosque without permission. A non-Muslim is no longer protected if he commits adultery with a Muslim woman or if he leads a Muslim away from Islam.
14- It is a crime for a non-Muslim to sell weapons to someone who will use them against Muslims. Non-Muslims cannot curse a Muslim, say anything derogatory about Allah, the Prophet, or Islam, or expose the weak points of Muslims. However, Muslims can curse, criticize or say anything derogatory they like to the religions of others.
15- A non-Muslim cannot inherit from a Muslim.
17- No testimony in court is acceptable from people of low-level jobs, such as street sweepers or a bathhouse attendant. Women in such low level jobs such as professional funeral mourners cannot keep custody of their children in case of divorce.
18- A non-Muslim cannot rule even over a non-Muslims minority.
19- Homosexuality is punishable by death.
20- There is no age limit for marriage of girls under Sharia. The marriage contract can take place anytime after birth and consummated at age 8 or 9.
27- A man is allowed to have sex with slave women and also with women captured in battle (concubines), and if the enslaved woman is married her marriage is annulled.
28- The testimony of a woman in court is half the value of a man; that is, two women equal to one man.
30- A rapist may only be required to pay the bride-money (dowry) without marrying the rape victim.
33-It is obligatory for a Muslim to lie if the purpose is obligatory and is known as Taqiyya (Islamic Deception). That means that for the sake of abiding with Islam’s commandments, such as jihad, a Muslim is obliged to lie and should not have any feelings of guilt or shame associated with this kind of lying.
35. To prove rape, a woman must have 4 male witnesses. Women’s testimony is not accepted
http://islammonitor.org/index.php?id=4050&option=com_content
You obviously have NO IDEA what sharia law is about.
See my other post.
That’s not the same as imposing it on other people.
You must have missed those words about the choice of being governed.
You don’t get a choice under sharia.
You must have missed those words about the choice of being governed.
So I guess that the answers to the question should be ignored because it makes no sense.
“You must have missed those words about the choice of being governed.”
Nobody is missing it. Islam has a religious component and secular governance component. These folks want to use the religious component of Islam as a cloak to govern themselves — and everybody else — under the secular component of Islam. That is, they want to use the American First Amendment to make themselves immune to the rest of American laws, while enjoying the American protections for their “religion.”
This is darn near treason, but go ahead and continue your SJW crusade. I for one am not going to be a sucker.
The words were “the choice of being governed”. If a poll had asked a question about imposing sharia law on everyone in America, that would be a different matter.
Sharia doesn’t apply only to what Muslims do to each other. Banana’s list of Sharia laws explains what to do about non-Muslims - for example, non-Muslims are not allowed to recite their own Scripture. Therefore, being governed by Sharia law DOES impose Sharia law on everyone else in America.
And even if Sharia applied only to Muslims (which it doesn’t), Sharia itself is in direct contradiction of American law. The laws restricting women, for example. As American citizens, Muslim women have a lot of rights. Sharia takes those rights away. What would you say to those American Muslim women? That she had the choice to be governed under Sharia, therefore she can’t have custody of her children in a divorce?
I saw the question and I assumed that it was asking about individuals submitting themselves to the authority of a sharia court or whatever. If someone wanted to ask American Muslims whether the constitution should be changed so that American law is subservient to sharia, they should have asked that question.
Preach it bananas, preach it.
These dang Muslims need to start drone striking our weddings and hospitals like civilized folks do!
Hey - Obama is on his way out…
Now go Google the muslim Barbary Pirates and the millions of European slaves they took. To include American slaves.
And how the ottomans took millions of European Slavic slaves. In fact, that is where the word slave comes from.
All without ONE American base in the entire middle east. And no Isreal too.
Would what the muslim excuse was then?
Oh yeah! Muhomend (the perfect muslim) was a slave trader, mass murderer, child rapist, sex slave trafficker, etc.
The Hungarians have not forgotten the atrocities committed by their Muslim conquerors and for that reason the adherents of the “religion of peace” are still persona non-grata in Magyarorszag.
Poway, CA Housing Prices Crater 7% YoY
http://www.zillow.com/poway-ca/home-values/
With Yellen the Felon hellbent on printing away all US government and corporate debts and liabilities, it’s not like I needed any more reasons to buy physical gold, but now there’s this:
http://www.marketwatch.com/story/new-rules-for-gold-investing-may-open-the-market-to-16-billion-muslims-2016-12-07?link=MW_latest_news
A silly, silly article.
I have been all over the middle east.
There are large gold markets and bazaars everywhere. And I mean everywhere. Literally streets of stores that sell nothing but gold in various forms.
Buying gold is easy for a muslim in a muslim country. And they have been doing it for centuries.
I have not done the research but I am 99% sure when FDR banned holding gold and gold sales in the USA (which wasn’t lifted until Nixon), muslims around the world were happily trading the barbarous relic with gusto.
‘I have been all over the middle east’
What were you doing at the time?
Ringin’ freedom one bullet at a time?
‘A room the size of a parking space with a toilet that’s not even behind its own door…a Reddit post that referred to the room as a ‘prison cell.’ The ad features a 130-square-foot ’studio’ that contains a sink, shower and toilet. The entire space is in one room: The toilet and shower are open to the rest of the living space. There is no kitchen.’
How would you like to be the guy who financed this baby, with falling rents and all.
‘Of course, you can rent for about half of what CAR estimates is the monthly cost of a standard SF mortgage ($6,310).’
And rents have been falling there for most of the year.
Ever sleep in a men’s room? Well, this is sleeping in one:
http://imgur.com/gallery/HvgVt
Isn’t globalism grand?
https://www.theguardian.com/global-development/2016/dec/07/child-labour-bangladesh-factories-rampant-overseas-development-institute-study
That pic looks a lot like my textbooks of kids in the 1920’s at factories in New York. At least the American kids had shoes.
But ya know, who needs those “crushing regulations?”
I picked tomatoes and fruit when I was 9 years old and on…Thats how I got my summer money…It instilled a good work ethic early on and the respect & understanding of the value of a dollar…
It’s one thing for a kid to help pick tomatoes in the summer to earn some fun money, and quite another when he has to do that to survive, while working under possibly dangerous conditions.
Becoming a debt donkey is getting more expensive.
http://www.zerohedge.com/news/2016-12-07/us-housing-market-reeling-after-mortgage-rates-jump-two-years-highs
‘US Steel wants to accelerate investments, bring back jobs, CEO says’
http://csimarket.com/stocks/singleProfitabilityRatios.php?code=X&itx
United States Steel’s Effective Tax Rate is 27%, let’s drop it to 19% for the next 5 yrs and bring back all the jobs. Deal or no deal?
Meanwhile… congress thinks they can just stay home.
You don’t need a Congress.
Obama showed us the way.
EOs and international “agreements”
Ignore laws you don’t like.
Make up laws you wished you had.
What new regulation of Obama’s do you hate the most?
What about the Trump presidential landslide enrages you most?
I like Trump’s tear it up style. He is rocking the boat, congress has been worthless for the last 8 yrs.
I am a wealthy, white, educated man, I will do very well with Trump. I am no fan of the Chinese nor the Muslims. But what is good for me, may scru you.
I am a wealthy, white, educated man
You lie!!
Nonsense.
“congress has been worthless for the last 8 yrs.”
Try the last 16 years (with a few exceptions). However, I was happy to read this:
https://www.washingtonpost.com/news/local/wp/2016/12/07/mgm-gets-state-clearance-to-open-its-national-harbor-casino-thursday-night/?utm_term=.3e536159c2d9
Hopefully it’ll keep Washington away from the kidz.
The 1%ers have done EXTREMELY well under obama.
And they are nearly all white.
If Trump stops the bank bailouts, QE and government picking winners in industry - you will suffer.
And I predict we will see the first banker perp walks in EIGHT YEARS
I am a wealthy, white, educated man, I will do very well with Trump.
If we see the rule of law finally applied to the .1%, that will prove there is a new sheriff in town.
No need for that. Establishing a tariff corrects the disadvantage.
Natty Ice Dude, I picture you sitting on your urine soaked bed, drinking beer in the single-wide, alternately cursing at Tom Brady and flipping channels to MSNBC to yell at the screen with each Trump win. Then you look up at the machine signed photo of DeCaprio’s hollywood star on the wall and cry, “Why Leo! Why did she have to lose?”
No need to imagine the scene.
http://bit.ly/2h7PDs3
It’s gonna take years to watch all these videos.
Watch Hillary’s Supporter Crying -funny
https://www.youtube.com/watch?v=mh4wEXxdQmM
Hey, do you still have that stick figure pic of the angry guy pedaling a bike? If so, and if it wouldn’t be too much trouble, could you post it? It made me laugh and I forgot to save it.
Clinton Victory Party Turns to Sorry and Worry
https://www.youtube.com/watch?v=D-CQc0VrDu4
Here’s the bullet we dodged:
https://www.youtube.com/watch?v=eeZQ5VROfBE
I will never tire of this
Try surfing, mountain biking, fly fishing, drinking good wine…life is good!
Wine, women and time to enjoy it all…
How is PHX?
Natty and cheap wine. Get ahold of yourself.
I am no fan of upper state NY this time of year. Is your back up generator ok?
Falling prices my friend. Falling prices.
Newport Beach, CA Housing Prices Crater 7% YoY
http://www.zillow.com/newport-beach-ca/home-values/
“Get ahold of yourself.”
Natty needs no encouragement.
Breaking News : Trump wins Pennsylvania
https://www.youtube.com/watch?v=QGFJatgYBug
“It appears we’re seeing an epic political defeat.”
Trump wins LIVE2016 The Choice: Election Night 2016
https://www.youtube.com/watch?v=HzTXy8J32eM
3:20 “Living rent free in the Presidents head.”
Mr. Trump knows how to live rent free….. even in the corrupt skull of His Phoniness….. and millions of others.
“A number of people have left in tears..in stunned disbelief’
https://www.youtube.com/watch?v=L5nPi85×4CA
“Mr. Trump knows how to live rent free”
No kidding. I admit, he’s been living rent free in my noggin since May.
Granby, CO Housing Prices Crater 11% YoY
http://www.zillow.com/granby-co/home-values/
Michigan recount has been officially halted.
DETROIT (AP) - A federal judge who ordered Michigan to begin its recount effectively ended it on Wednesday, tying his decision to a state court ruling that found Green Party candidate Jill Stein had no legal standing to request another look at ballots.
The ruling seals Republican Donald Trump’s narrow electoral victory over Democrat Hillary Clinton in Michigan.
http://archive.is/5Bl8g
And he’s actually gaining votes in the Wisconsin re-count.
What does that mean? We stuck with Hillry?
It means The Donald is still standing. But again, it ain’t over until he’s sworn in.
I dont mean to beat a dead horse again but back up the truck and buy more stocks and homes!
You’re inconsolable about interest rates still?
Housing seems a bit peaky, but at least stocks keep on going up like there is no tomorrow.
we have a booming economy!
Trump ignores Gore’s advice, instead picks skeptic to head EPA & dismantle climate agenda
‘Trump listened to what Gore had to say at their New York City meeting and then he exercised his good judgement and did the exact opposite.’
By: Marc Morano - Climate Depot
December 7, 2016 7:08 PM
http://www.climatedepot.com/
Not getting sick of winning. NOT ONE LITTLE BIT.
—
Fraud: Ten years ago Monday, Al Gore said we had only a decade left to save the planet from global warming. But Earth has been doing just fine. Why do we listen to this man?
While preening at the Sundance Film Festival in January 2006 during the premiere of his “An Inconvenient Truth” fib-umentary, Gore made his grand declaration. The former vice president said, in the words of the AP reporter taking down his story, that “unless drastic measures to reduce greenhouse gases are taken within the next 10 years, the world will reach a point of no return.” In Gore’s own words, he claimed we were in “a true planetary emergency.”
Ten years later, he’s probably hoping that everyone has forgotten about his categorical statement.
The terrible truth for Gore is that there is no planetary emergency. Not one of the dire predictions he and the rest of the alarmist community made has come to pass. In fact, there is plenty of evidence that they have been running a racket. Here’s how we know:
Two, predictions that climate change — the rebranding of “global warming” when it turned out that predicted warming wasn’t happening — would cause catastrophic weather damage haven’t panned out.
German insurance giant Munich Re says losses from natural disasters were lower in 2015 than in 2014 and lowest since 2009. The facts are sharply at odds with Gore’s 2012 claim that “dirty weather” caused by “dirty fossil fuel” has created “extreme weather” that “is happening all over the world with increasing frequency.”
Three, despite all the self-congratulatory international conferences and pseudo-agreements, the world has done nothing to “fight global warming.”
He cannot claim that his deadline has been extended because some governments have forced their citizens to cut carbon dioxide emissions. CO2 levels keep climbing and now exceed 401 parts per million in the atmosphere. It is simply not the dangerous greenhouse gas we’ve repeatedly been told it is.
Four, in the mid- to late-2000s, Gore repeatedly predicted that an ice-free Arctic Ocean was coming soon. But as usual, his fortune-telling was wrong. By 2014, Arctic ice had grown thicker and covered a greater area than it did when he made his prediction.
http://www.investors.com/politics/editorials/al-gore-runs-global-warming-racket/
“outright climate denier” has a nice ring to it.
Trump’s EPA Pick Spooks Liberals and the Environmental Lobby
Oklahoma AG Scott Pruitt is a sharp critic of Obama’s executive overreach on energy.
6:45 PM, DEC 07, 2016 | By FRED BARNES
Liberals and the environmental left have gone into a tizzy over the selection of Oklahoma attorney general Scott Pruitt as Donald Trump’s pick to head of the Environmental Protection Agency.
House minority leader Nancy Pelosi says the Pruitt nomination must be blocked “for the sake of the air we breathe, the water we drink, and the planet we will leave our children.” New York AG Eric Schneiderman says Pruitt is a “dangerous and an unqualified choice.” Independent socialist senator Bernie Sanders declares the Pruitt pick is not only dangerous but also “sad.” The League of Conservation Voters calls Pruitt not just a global warming skeptic but “an outright climate denier.”
Whew! That’s strong stuff. But what is Pruitt’s actual offense? He has challenged the EPA’s practice of going far beyond its authority to attack the energy industry and thus affect practically every industry in the country. The EPA needs a leash, and Pruitt and other state attorneys general have gone to court to attach it.
http://www.weeklystandard.com/trumps-epa-pick-spooks-liberals-and-the-environmental-lobby/article/2005733
“NOT ONE LITTLE BIT.”
JW?
http://www.wsj.com/articles/donald-trumps-choice-of-generals-for-top-posts-raises-concerns-1481157356
“Critics see threat to civilian oversight of government”
I was thinking about this very thing the past few days. Ike did a pretty good job and he had lots of military involved in the government. They got the job done, that’s for sure. I also read somewhere that after Reagan got shot, he replaced a lot of the Secret Service and CIA types around him with personnel from the military. I sort of get the idea that Trump trusts his military advisers more than he trusts some of the civilian types. Probably with good reason.
Given the fact that the US has, essentially, been occupied from within under the guise of “civilian oversight”, it’s going to take something of a military operation to clean up the damage that’s been done.
I live near the bus to DC,when it snows you only see military going in
the rest have a snoose
Time Urges 65 Million Americans Who Voted For Hillary Not To Pay Taxes
by Tyler Durden
Dec 7, 2016 5:46 AM
Under the twisted premise of losing the popular vote and “no taxation without representation”, TIME’s Mark Weston proclaims that the approximately 65 million Democrats who voted for Hillary Clinton should pledge “we won’t pay taxes to the federal government… until democracy is restored.”
Because, It’s just not fair?
http://www.zerohedge.com/news/2016-12-06/time-urges-65-million-americans-who-voted-hillary-not-pay-taxes
http://time.com/4590994/popular-vote-tax-pledge/
Instead of being honest about why they lost and taking positive measures to change, they stamp their feet and posture. Just like all the celebs who said that they would leave the country, and then didn’t leave.
Of course, they’ll pay their taxes. They know very well that if they don’t that the IRS will garnish their wages and seize their assets.
What is so funny though, is that they stuffed ballot boxes, had dead people and non-citizens vote … and they still lost!
“What is so funny though, is that they stuffed ballot boxes, had dead people and non-citizens vote … and they still lost!”
true, that really is the deliciously comical part!
When will China get serious about cracking down on capital flight?
http://www.zerohedge.com/news/2016-12-07/chinese-driven-vancouver-housing-bubble-moves-seattle-vancouver-20
Hehehe….
http://www.breitbart.com/video/2016/12/07/valerie-jarrett-trump-victory-was-soul-crushing-punch-to-the-stomach/
And zero introspection from the DNC. Instead, they’re talking about nominating Keith Ellison to be their chairman. Yeah, that’ll bring flyover voters back into the fold.
Without endless injections of financial crack cocaine from the “former” Goldmanites running “our” central banks for the exclusive enrichment of the .1% in the financial sector, these Ponzi markets would crater.
http://www.businessinsider.com/euro-price-movements-on-december-8-2016-12
Cue another tsunami of money-printing to be gifted to the banksters for greed-fueled speculation. Must.defer.financial.reckoning.day.
http://www.zerohedge.com/news/2016-12-08/global-equity-euphoria-prepares-meet-mario-draghi
Syria is a case of baddies fighting baddies, regardless of what the neocons would have us believe. Maybe we “not go abroad in search of monsters to slay” in the parting words of George Washington.
http://www.independent.co.uk/voices/syrian-conflict-rebels-jabhat-al-nusra-no-rebels-a7462986.html
Oh dear….
http://www.zerohedge.com/news/2016-12-08/ecb-stuns-markets-announces-tapering-bond-purchases-€60-billion
the most wonderful time in 8 years!
https://www.youtube.com/watch?v=sW85ZcswiqM&feature=youtu.be
Don’t buy the lie that Obama’s leaving behind a healthy economy
nypost.com | 12/7/16 | Seth Lipsky
The truth is that the Obama years have been among America’s worst for the economy. His eight years will go down in history as the Great Recession, even though for much, even most, of the span, we weren’t technically in a recession.
It just felt that way. And no wonder. Obama’s is the only modern presidency that failed to show a single year of growth above 3 percent, a point Trump stressed during the campaign (and that was conceded even by the Web site Politifact).
Plus, the Obama economy failed to prosper even though the Federal Reserve had its pedal to the metal. Its quantitative easing, $2 trillion balance-sheet expansion and zero-interest-rate policy all produced zilch.
In a “true economy” what people would boast about would be the number of employed persons rising faster than the size of an expanding workforce. In reality, the job participation rate is the lowest in decades, as millions are too discouraged to seek a job.
Boosting home and stock prices does nothing for people who have to work for a living.
So many people have not participated in rising asset prices and that’s why they are so pissed.
The real economy is a disaster and never came out of the doldrums.
Most of the jobs created were part time and service jobs.
The national debt also doubled. There are a lot of problems hiding behind rigged stock markets and low interest rates.
Donald Trump has done more good for the economy in 2 weeks than Obama has in almost 8 years.
And he’s not even sworn in yet.
The freight train is coming…
“The truth is that the Obama years have been among America’s worst for the economy. His eight years will go down in history as the Great Recession”
I think this guy is pedaling fiction because It didn’t seem that bad from the golf course, there was enough jet fuel to take his and hers 747s to the Ellen Show and a fundraiser 3 blocks apart not to mention enough cash to pay back a half a billion $ from the Pokulus Program for Obama’s backer in the failed solar panel maker Solyndra and there was a $Billion for Michelle to shut down Paris for a shopping spree and take her Mom on really cool vacations.
His eight years will go down in history as the Great Recession
Many must already think that way. Those are the people with their own personal definition of recession.
That’s what you do best Snowflake. Redefine words.
No, it’s the right wingers who do that as part of their efforts to sell their unpopular agenda.
Nonsense
‘unpopular agenda’
Remind me who won this election?
“their unpopular agenda.”
Unpopular does not mean “wrong” or “inappropriate”.
Popular does not mean “right” or “appropriate”.
It’s popular to have the government spend lots of other people’s money.
It’s not popular to have the government spend lots of your money.
Just because it’s popular, doesn’t make it right.
Mag 6.0 off Cali coast.
http://earthquake.usgs.gov/earthquakes/eventpage/pt16343051#executive
If this keeps up, we won’t have to worry about Cali seceding, it’ll happen all on its own.
Big quake off the coast of Cali?
Updated 3 mins ago
HUMBOLDT COUNTY, Calif. (KGO) — USGS reports that a magnitude-6.5 earthquake hit off the coast of Humboldt County.
At this point, no tsunami warning has been issued.
The quake was first reported as a magnitude-6.8 but was later downgraded.
BART is experiencing 10 minute delays due to the quake.
Track Bay Area earthquakes here.
Related Topics:
6.5 quakes tend to not generate tsunamis.
Apparently Calexit is in progress.
Adios, para siempre, adios!
Didn’t feel it.
Magnitude 6.5 Earthquake Strikes Off Northern California Coast
December 8, 2016 8:23 AM
FERNDALE, Humboldt County (CBS SF) — A magnitude 6.5 earthquake struck off the Northern California coast in the Mendocino Fracture Zone early Thursday morning, according to the U.S. Geological Survey.
The USGS reports that the earthquake struck at 6:50 a.m. about 100 miles west of Ferndale and 110 miles west-southwest of Eureka, at a depth of 6.2 miles. Earlier reports from the USGS said the earthquake was a magnitude 6.8.
The original quake was followed by an aftershock measuring 5.0 at 7:40 a.m.
Visitors to the USGS website from Humboldt County reported light shaking. People from as far as the Bay Area, the Sacramento area and Southern Oregon also said they felt shaking.
Bonnie Brower, owner of the Ferndale Pie Company, told The Associated Press she was grabbing something from the fridge in the restaurant’s kitchen when the quake happened. She didn’t see any damage, but said says felt a “big jolt.”
“I just felt this very huge jerk and I didn’t know what it was,” Brower said to The AP. Afterward, it felt like the ground was rolling, “like you were on a boat.”
Lorri Asbury, who lives in the Freshwater area of Humboldt County, wrote on Facebook that the quake woke her up but not her husband.
“Woke me up,” she posted. “I woke my hubby telling him earthquake is coming. I thought it’d be get tougher. We felt big swishing rolls movement. Surprised it was a 6.8!!!”
Steven Durrett lives in the Humboldt Hill area of Eureka posted that his home rocked for a while.
“Rolled for a long time,” he posted on Facebook. “No damage here on Humbolt[sic] Hill.”
Veronica Coleman in Cutten was surprised it was so large of a quake.
“Rolling for a long time, gentle swaying, no damages not the usual jolt and noises,” she wrote on social media. “Felt like a 4 on land.”
Eureka resident Marsha Hale said the quake rearranged her shelves.
“Felt strongly, 13th and F St., Eureka,” she wrote on Facebook. “No damage, but cupboards got a bit rearranged.”
There are no immediate reports of damage or injuries.
Located in the area of the quake is the Gorda Escarpment — a plate boundary between the Pacific to the south and Gorda Plate to the north and the site of frequent earthquakes.
The National Tsunami Center reports no danger of tsunami at this time.
In January 2010, a 6.5 magnitude quake in the Pacific caused about $34 million in property losses in and around the nearby city of Eureka, including partial damage to at least nine buildings.
“Spend more time working, less time talking. Reduce dues.”
http://www.zerohedge.com/news/2016-12-08/trump-blasts-steelworkers-union-boss-spend-more-time-working-less-time-talking-reduc
I mean, seriously, how can you not love the guy for gems like this?
God bless DJT
refi rates same as reg mort rates
does that include cash out Kamikazes ?
“The Boom Times Are Quieting To An Echo”
It’s the calm before the storm .
The comments are gold Jerry! Gold!
“This author’s “paean to adolescent self obsession” is just detestable. Madam You are seriously on the road to ensuring your children grow up emotional cripples with an inability to deal with disappointment.”
“She is saying that she is a single mother of two who has had little success finding men younger than her who want to deal with the baggage of her 2 kids, BUT Donald Trump is the reason she is giving up on dating. ”
“All I can say is that you have made some guy lucky.”
—-
Trump’s election stole my desire to look for a partner
WaPo | December 5 2016 | Stephanie Land
In August, I went on six dates in one week. I had decided that I was ready to look for a partner. Enough of this dating unavailable men a half-decade younger than me. They’d never seriously consider a relationship with me, my two children and our needy dog. No. I wanted to find an equal. A man who wouldn’t feel the need to step in and rescue me. I didn’t need rescuing.
…two weeks later, the election happened. Once it was clear that Donald Trump would be president instead of Hillary Clinton, I felt sick to my stomach. I wanted to gather my children in bed with me and cling to them like we would if thunder and lightning were raging outside, with winds high enough that they power might go out. The world felt that precarious to me.
My oldest came out of her room the next morning to show me the money the Tooth Fairy had left her. She’d unexpectedly had to have a tooth pulled, and so bravely went through it that I said, “Just think: You’ll always remember the day you got a tooth pulled with the day we elected our first female president.”
When I told her Trump had won, she protested: “But Mom. You said Hillary was going to win.”
I’ve lost the desire to attempt the courtship phase. The future is uncertain. I am not the optimistic person I was on the morning of Nov. 8, wearing a T-shirt with “Nasty Woman” written inside a red heart. It makes me want to cry thinking of that. Of seeing my oldest in the shirt I bought her in Washington, D.C., that says “Future President.”
“They’d never seriously consider a relationship with me, my two children and our needy dog. No.”
The needy dog is a deal breaker, for sure!
When a guy says it’s the dog….he is just not that much into you.
WaPo published this garbage? Why does that not surprise me?
Well,, they are a fake news site.
This is just pathetic
Helplessness driven drama in the style of DebtDonkeyism. Think about it……
I’ve lost the desire to attempt the courtship phase.
Translation: Those young bad boys don’t want her anymore. And the thought of dating a nice guy makes her cringe.
The future is uncertain.
Hardly. Cats and boxed wine are in her future.
Is Donald Trump already the president?
By SARAH WESTWOOD (@SARAHCWESTWOOD) • 12/8/16 12:01 AM
President-elect Trump has spent the month since his election victory engaging in some distinctly presidential-style behavior, including engaging with businesses on behalf of the American people, conducting a bit of foreign policy, and delivering sweeping public addresses — all before he holds the authority of the presidency.
With weeks to go until he takes office, Trump’s moves have tested the limits of his unofficial powers as the president-in-waiting. And although his activism has drawn scrutiny from detractors, his favorability ratings have hit new heights on the heels of several high-profile successes.
“I don’t think it’s normal for a president-elect to be out and about like this, but this is the era of Trump, and he is literally rewriting the rules,” said Ford O’Connell, a Republican strategist.
“Things always change when you actually are sworn in, but at the same time, he is taking advantage of this and throwing his weight around while he’s got the momentum,” O’Connell added.
Trump notched his first presidential-style win last week when he convinced executives at manufacturing firm Carrier to scrap their plans to move an Indianapolis plant to Mexico, saving somewhere between 700 and 1,100 jobs in the process.
He did so through a combination of state-level tax incentives offered by Vice President-elect Pence, Indiana’s lame-duck governor, and the promise of impending federal tax cuts designed to boost the business climate. Trump had similarly claimed to have kept Ford Motor Co. jobs from leaving the country. And Trump followed the Carrier deal with an announcement on Tuesday that a Japanese telecommunications corporation, SoftBank, would soon invest $50 billion to create 50,000 jobs in the U.S.
http://www.washingtonexaminer.com/is-trump-already-president/article/2609134