In The Midst Of A Boom, Concern About A Bust
A report from Bloomberg. “Real estate developers who can’t get funding from JPMorgan Chase & Co.’s commercial bank may have another option: a JPMorgan trading desk. A group of traders in JPMorgan’s investment bank has expanded from selling commercial mortgage-backed securities to underwriting loans that are unsuitable for bonds, such as those for big construction projects, according to people with knowledge of the matter. In recent months, the desk has helped fund developments including Manhattan condominiums, a Times Square hotel and New Jersey’s troubled American Dream mega-mall.”
“The biggest U.S. bank by assets is making the deals as traditional lenders pull back from construction loans, which carry bigger risks and juicier yields than mortgages for occupied buildings. Traders in JPMorgan’s investment bank are harnessing demand from investors and developers to take part in potentially lucrative projects, even as the company’s commercial bank — which holds most of its real estate debt — signals caution about riskier property financing after a six-year surge in prices.”
“‘They’re lending into a higher-risk area when we’re clearly at an inflection point in the cycle,’ said Mark Williams, a former Federal Reserve examiner who lectures on financial risk management at Boston University, and didn’t have specific knowledge of the loans.”
The Houston Chronicle in Texas. “Several large real estate loans backed by Houston office buildings with vacant space and exposure to the volatile energy industry have the potential to default, according to a recent report from a ratings agency Morningstar Credit Ratings. Morningstar’s November ‘Watchlist’ report includes loans held in commercial-backed mortgage securities with an elevated risk of default based on a number of factors, including building occupancy, upcoming lease expirations and the amount of debt the owner has on the property. The ratings agency added seven loans totaling $263.5 million backed by Houston collateral to its list.”
“On a list of markets with the most ‘Watchlist exposure,’ Houston moved up 10 spots in the past year to No. 5, according to the Morningstar report. The top four markets on the list are New York City, Los Angeles, Washington, D.C., and San Diego.”
From Costar. “Over the past 12 months, the balance of Houston loans on the Watchlist has grown by more than 50% to $748.1 million, moving Houston up to have the fifth-largest Watchlist exposure from 15th largest one year ago. Much of the increase can be attributed to 2007 loans, whose Watchlist exposure more than tripled, and 2013 loans, which saw a 188.2% increase over the past 12 months. Six of the seven loans added to its Watchlist have Morningstar loan-to-value ratios greater than 90%, including five with LTVs above 100%.”
“Office vacancy in Houston increased nearly four percentage points to 14.6% in the third quarter of 2016 from 10.8% in 2014, according to CoStar Group. Sublease space pushes the total availability to roughly 20.0%. While office buildings made up the largest property type added to Morningstar’s Watchlist in November, it also was seeing weakness in other property types as job losses from energy-related sectors weigh on demand. It added two multifamily loans, the $13 million Champions Centre Apartments loan in CSMC 2007-C4 with a $100,000 value deficiency; and the $5.7 million Colonial Oaks at Westchase loan in FREMF 2011-K14 with a $1.8 million value deficiency.”
The Arizona Republic. “If you see a big construction crane in metro Phoenix now, chances are it’s the site of a new apartment complex. The Valley is in the midst of an apartment building boom. Developers are almost racing to get the complexes up. Enticed by rising rents, they are turning parking lots on prime vacant corners, old restaurants, half-empty shopping centers and older, run-down complexes into shiny, new upscale complexes.”
“These complexes are being quickly built, pretty rapidly filled up with renters and then sold. Investors have spent a record $4.5 billion on Valley apartment complexes through November of this year, according to research from ABI Multifamily. And both big-time investors, including pension funds and life insurance companies, and even individual investors aren’t done buying, ABI’s Thomas Brophy said.”
“But when the Valley goes through a building boom, there’s always concern about a bust. Last month, the Elevation on Central complex in midtown Phoenix, which was completed just a few months ago, sold for $60 million. During the same week the Alta Tempe apartments, near the city’s lake, sold for almost $68 million. ‘Alta Tempe is a premier core community with a tremendous downtown Tempe location,’ said CBRE broker Asher Gunter, who negotiated those two big deals with Tyler Anderson, Sean Cunningham and Matt Pesch.”
“That apartment brokerage team is pretty busy now. And their investor clients definitely have a lot of new developments to choose from with more than 10,000 apartments recently built, under construction or planned in metro Phoenix. The heady number of new apartments in the Valley gives some folks pause, though. After two years or steady increases, the average Phoenix-area apartment rent did dip a bit last month, according to research firm Yardi Matrix.”
The Columbia Daily Tribune in Missouri. “Despite a downturn in enrollment at the University of Missouri, a West Coast investment management firm is enthusiastic about its $21.6 million purchase of the Gateway apartments at 3904 Buttonwood Drive. ‘We understood there would be a drop in enrollment’ at MU as a result of campus turmoil last fall, said Alexander Philips, CEO and CIO of TwinRock Partners. Philips said that the company’s experience with The Row and Columbia’s national recognition as a college community — along with MU’s participation in the Southeastern Conference — ‘made us feel comfortable there would be a rebound’ in enrollment ‘at some point and time.’”
“He said Gateway, a 450-bed complex built in 2006, had an 85 percent occupancy this year. ‘We’re not happy with that,’ Philips said. ‘With student housing, you want to be around 95, 97′ percent. He said the complex averaged around 95 percent occupancy since opening in 2006. Occupancy at The Row is in ‘the low 90s,’ he added.”
“The topic of student housing vacancies was the focus of a report presented last month to the Columbia City Council. The student housing report noted that Columbia’s 25 apartment complexes had 4,414 rental units with an average vacancy rate of just under 20 percent. Excluding complexes with 50 percent or greater vacancy, which were considered outliers in the report, the average was 9.8 percent.”
“Mayor Brian Treece has bemoaned the growing bevy of ‘luxury student high-rises,’ particularly downtown. He noted that the rooms often rent for $1,000 a month and higher, a factor that challenges the city’s initiatives to advocate for more affordable housing. ‘It actually inflates the rent on that secondary housing market,’ he said. ‘Unfortunately, that is driving out the opportunity for young families’ to rent or own a home ‘at a reasonable level.’”
“Columbia-based Catalyst Design Works, previously known as Trittenbach Development, is known for its projects at Discovery Park and Brookside student apartments. The company provided an analysis several months ago that concluded ‘there’s likely an oversaturation of student housing’ in the Columbia market. Catalyst spokesman Jack Cardetti has said the company ‘takes a much longer view of the market’ for student housing unlike ‘most out-of-state developers who are looking to build something and then flip it rather quickly.’”
From the last link:
‘Philips said Gateway’s ownership group relied heavily on international students. He said the rebranding effort will aim to draw from all student populations. The LYFE at Missouri will have an “upgraded clubhouse,” lighted basketball court and, among other amenities, a complimentary stand-up tanning bed.’
“In order to compete, you have to offer that,” he said. “Anything you can do to support that will make your properties successful.”
I can remember to compete in off-campus student housing you had to be AFFORDABLE…
stand-up tanning bed
Haven’t seen that one yet. I’ll add it to the list.
Great comment from ZH…
—
I’ve pretty much given up trying to understand or contemplate any of this. USA, Greece, Italy, Dallas, New Jersey, China, …….millions of migrants in Europe…millions of iilegals in the US…
The never ending stream of overwhelming debt…lack of jobs..selective rule of law..artificiality low interest rates. Rich getting richer…poor getting poorer. Millions who don’t work, but eat…live and procreate.
Each one is a screaming headline, for 3 days or two weeks…and then nothing….it’s goes away, as if solved. Nothing happens.
For example…a year ago, it was Greece. Now, nothing. Venezuela, still hanging in there. China, still building ghost cities? Dallas, must be good.
Generally, the only people I know are are doing ok, work for government. I build. My best buddies build. We are busy, working HARD, seven days a week…and barely hang on. There are few who build houses for big money…and they do ok. And if you try to play by the rules..you will get more or less crushed.
Go to a paint store..any national chain. They will have a cork board with cards on it. It will be inundated with cards…full of mistakes and misspelling…no Licencse numbers…all Hispanics. We collect them for the humor.. one ” Diegos Paintyng ” on the front…”peinting ” on the back.
“LLC & insured”… wtf? If I operate like this..it’s a $1000 fine for each offense, and THEY know where to find me. This crap, nothing. All I ask for is a level playing field. If I don’t get it….I level it. But it makes me a near do well. Basically..you need to cheat the system to succeed, because the system has failed you..if you are a native born..
And in High Tech all we hire are H1B .
labor is plentiful and cheap and I guess so is capital for now.
No clue how this will end
Not just high tech is H1B. Where I work (Fortune 50 company) they hire workers offshore, living in places like India, Philippines, China and have them log into our remote computers here in the U.S., inside our corporate data centers. Hundreds, maybe even thousands of them!
These are jobs that would pay about $16 to $20 an hour, plus benefits, here in the U.S. But they go to foreigners living on foreign soil!
How in the hell can any American, living on American soil, compete with someone living in India!? Where the cost of living is much cheaper than the U.S.!?
How in the hell can any American, living on American soil, compete with someone living in India!?
by producing more than they do.
By bringing down the cost of living and cost of labor in America.
How? Easy. Destroy the dollar.
destroying the dollar brings down the cost of living?
Absolutely.
You will just have to make do with less and consume much less.
Look at the history of countries who had to live through periods of hyperinflation - their currency was destroyed, along with their living standards.
You will just have to make do with less and consume much less.
if thing cost more, how does it lower the cost of living even if you have to buy less?
When currency collapses, things will cost more, but only nominally. In “real” money (in non-collapsed currencies) things will cost less. Including the cost of labor.
“When currency collapses, things will cost more, but only nominally.”
only nominally?? people get paid ‘nominally’. so how is the cost of living going down for them?
The cost of living in real money will go down.
The catch is that your living standards (what you can afford, in real money) will go down even more.
We were talking about “how can American compete” with a guy in India, right?
Lets say your rent is $3,000, your salary is $10,000, and one dollar buys you 70 indian rupees. So your salary is 700,000 rupees and your rent is 210,000 rupees.
If dollar falls to 10 rupees (along with against all other currencies), what will happen? Your salary now is only 100,000 rupees instead of 700,000 (you now can compete with the guy from India, yipee!).
The nominal cost of oil and the nominal cost of food will go up, and your landlord needs to eat. He won’t be able to jack up the price of your rental to completely recoup his currency losses, but he’ll try. So your rent will be jacked up from $3,000 to $10,000, which you can no longer afford, even though it’s now only 100,000 rupees instead of 210,000 - i.e., twice as less in “real money” as it used to cost.
So you move in with your parents, along with your brothers and sisters. You stop consuming your “rental apartment”, and severely cut the amount of food and other things you can afford.
The cost of living (in real money) goes down, but you can’t afford consuming at the same level as you did before the currency collapse.
Meanwhile the value of the dollar continues to skyrocket.
i’m not even going to try to parse your twisted logic. you make wild assumptions.
you say to ‘crash’ the dollar. how would you do that?
as i said above, the way to out compete the guy in india, is to produce more than he does. that’s what makes your labor worth more than his. that’s what enables your employer to pay you more and keep your job in the USA.
currency manipulation won’t help you.
I don’t want to do that. But that’s easy enough to do, if one wants to throw caution to the wind.
if you can keep it under book length, go ahead.
if you can keep it under book length, go ahead.
The wackos here are multiplying, like gremlins
tj: as i said above, the way to out compete the guy in india, is to produce more than he does.
More specifically, regardless how much you produce, your “cost per unit” must be below the Indian’s.
American’s “cost per unit” is higher than the rest of the world’s for many reasons. Thus the difficulty in competing.
Americans own productivity. They are highly productive. But their “cost per unit” makes it difficult to compete against those with a lower “cost per unit.”
Start a trade war and a cold war with China; restrict immigration, thus reducing labor force and population growth, thus tanking the economy; start running humongous deficits by combining huge tax cuts with huge fiscal stimulus.
No?
But their “cost per unit” makes it difficult to compete against those with a lower “cost per unit.”
yes. do you have any ideas about how to lower the cost per unit?
No.
Start a trade war and a cold war with China;
that would be a good start.
“restrict immigration, thus reducing labor force and population growth, thus tanking the economy;”
restricting immigration won’t reduce the labor force, it will only slow its growth. it wouldn’t ‘tank the economy’.
“start running humongous deficits by combining huge tax cuts with huge fiscal stimulus.”
it would be worse to have huge tax increases.
Deporting millions of illegals and ending work visas will not reduce labor force?
you said ‘restricting immigration’.
Neuromance:But their “cost per unit” makes it difficult to compete against those with a lower “cost per unit.”
tjyes. do you have any ideas about how to lower the cost per unit?
First, I think the focus should be on improving the standard of living in the society, as stated in the preamble to the Constitution: “We the people of the United States, in order to form a more perfect union, establish justice, insure domestic tranquility, provide for the common defense, promote the general welfare, and secure the blessings of liberty to ourselves and our posterity, do ordain and establish this Constitution for the United States of America.”
As long as increasing the American worker’s competitiveness does not involve lowering his standard of living so he becomes more competitive with workers in developing countries, I could support those changes.
Specific proposals?
First we’d need to quantify why a US worker making a widget or a database is more expensive per-unit than a foreign worker. Seeking answers to that question would provide the foundation of how to address the problem of the more expensive unit cost of the American.
I suspect it has to do with the superior American infrastructure - physical, legal, financial, medical. The exact transmission mechanism from superior infrastructure to more expensive worker unit costs would have to be explicitly identified and stated.
If the problem turns out that we are not as productive as the foreign worker (i.e. one American produces less per unit time than the foreign worker), then we’d have to have a national initiative to address that. But I seriously doubt this is a factor.
If it is due to our infrastructure or related to our standard of living (i.e. we get weekends off and still make more money than the foreign worker), then we’d need some sort of protection of American industry.
This is a dirty, filthy term in the modern economic discourse, “protectionism”. And yes, if politicians are enacting protectionist policies, politicians have shown themselves to be particularly prone to corruption. We’d have to have severe penalties for political corruption in order to effectively implement protectionist policies which wouldn’t simply become more cronyistic and rent-seeking.
How would easily-corruptible politicians enact protectionist policies which do not further entrench cronyism and rent-seeking? Quite a difficult proposition. We’d have to deal with political corruption, i.e. preventing politicians from prostituting themselves to those willing to give them money, favors or sinecures.
Also, economic theory has indoctrinated us to the absolutely necessity of free (non-tariff) trade as a way to improve the standard of living. But I think looking at tariffs is one option.
Encouraging foreign manufacturers to build factories here if they want non-tariff access to the American market is another. This last option is probably the most promising, combined with some limited tariff scheme to avoid political corruption and further cronyism.
I suspect it has to do with the superior American infrastructure - physical, legal, financial, medical.
not much.
“If it is due to our infrastructure or related to our standard of living (i.e. we get weekends off and still make more money than the foreign worker), then we’d need some sort of protection of American industry.”
protectionism is never an answer. protectionism is price fixing.
“Also, economic theory has indoctrinated us to the absolutely necessity of free (non-tariff) trade as a way to improve the standard of living.”
i don’t think it’s indoctrination. but it’s not an absolute necessity either.
you simply need to increase the efficiency of labor.
efficiency of labor = automation or skill set minus taxes and regulations.
keeping taxes and regs as low as possible is really helpful. automate to the greatest extent possible.
wages will rise as the efficiency of labor rises.
The United States has 320 million people. Do we want to be India or China?
We don’t have the infrastructure to support such an enormous population and can’t afford to build it as we are $20 trillion in debt.
Additionally, the West is already having waters issues and increasing our population will just put more strain on our limited resources.
On top of this, 50% of our population receives government benefits.
Completely unsustainable.
and the gov-nics get guaranteed pensions- u get a 201k
hopefully the human tornado will end their kind
my county retirement age is 55 w 75% of pay
except Oxide
Is this a sign of the apocalypse?
A mortgage lender actually encouraging me to pay off my mortgage faster?
A recent email:
—
It’s quick, easy and hassle-free to add extra principal with your mortgage payment.
We make it easier to pay down your mortgage faster. Learn how.
Simply add extra principal to your monthly amount due to pay down your mortgage faster.
Plus, you can:
• Pay from any checking or savings account, including ones from other banks
• Elect to pay additional escrow to avoid a possible shortage if taxes/insurance increase
I remember there being 3rd party companies that would do this, for a fee. Presumably before most thought they (a) *could* pay it down early and (b) realized they could just add a few bucks to the checks they were already sending their lender.
It is interesting 2fruit.
A hallmark of the housing bubble was that lenders structured debt to make it costly to pay back, etc. They wanted to keep debt outstanding, NOT get paid back.
I recall speaking to someone at the time about how this was a bad sign. Traditional lending was historically that you work to get paid back the day after you make your loan, not keep it forever outstanding.
What your lender is doing with you makes a ton of sense as a lender.
Every time you make an extra principal paydown, your likelihood of default declines, and their ability to get paid back in full improves.
At the moment, I’m not paying back my mortgage any faster than the schedule. However, if the MID goes away, I suspect that I (along with lots of other people) will be making lots of extra principal payments.
Given the massively inflated price you paid, accelerating mortgage payments will do nothing.
It depends on how they securitized the loan. If the lender sold the kit-n-kaboodle to Fannie Mae, it’s Fannie Mae that gets less in interest, not the lender.
Yes, but the lower the default rates, the fewer potential clawbacks for the entity that sold the loan.
Once you make the loan, the best thing is to get it paid back faster than planned (both for the lender and the borrower).
Didn’t a lot if Texas public unions (now facing bankruptcy) invest in Commercial real estate in Houston to make their predicted 8% returns?
‘These complexes are being quickly built, pretty rapidly filled up with renters and then sold. Investors have spent a record $4.5 billion on Valley apartment complexes through November of this year’
‘concluded ‘there’s likely an oversaturation of student housing’ in the Columbia market. Catalyst spokesman Jack Cardetti has said the company ‘takes a much longer view of the market’ for student housing unlike ‘most out-of-state developers who are looking to build something and then flip it rather quickly.’
See the pattern?
‘On a list of markets with the most ‘Watchlist exposure,’ Houston moved up 10 spots in the past year to No. 5, according to the Morningstar report. The top four markets on the list are New York City, Los Angeles, Washington, D.C., and San Diego.’
‘Over the past 12 months, the balance of Houston loans on the Watchlist has grown by more than 50% to $748.1 million’
Compare that to 4.5B spent in Phoenix, just this year. You get an idea of the scale of the problem.
‘Real estate developers who can’t get funding from JPMorgan Chase & Co.’s commercial bank may have another option: a JPMorgan trading desk. …selling commercial mortgage-backed securities to underwriting loans that are unsuitable for bonds, such as those for big construction projects, according to people with knowledge of the matter. In recent months, the desk has helped fund developments including Manhattan condominiums, a Times Square hotel and New Jersey’s troubled American Dream mega-mall.’
This means credit is drying up. These guys are cherry picking the desperate and charging big fees. Wait til rates go up a little more. A lot of these low cap rates will look worse and worse. Remember the lender about six months ago who said “like everyone on the planet, we’re financing and refinancing any multifamily project we can!” If you listen an read these guys, they are refinancing like crazy, pulling cash right back out as soon as they are able.
‘a West Coast investment management firm is enthusiastic about its $21.6 million purchase of the Gateway apartments…‘We understood there would be a drop in enrollment’ at MU as a result of campus turmoil last fall, said Alexander Philips, CEO and CIO of TwinRock Partners. Philips said that the company’s experience…‘made us feel comfortable there would be a rebound’ in enrollment ‘at some point and time.’
‘He said Gateway, a 450-bed complex built in 2006, had an 85 percent occupancy this year.’
Ring ring.
Hello.
Mr. Rollwithit?
Joe speaking.
This is Bob Gladhander with Build It and They Will Come Pension Servicing, I’m calling to see if you could come down to the Irvine office for a talk?
No can do Bob, the wife and I aren’t in town, we’re looking at timeshares in Rockypoint.
Silence.
Joe, have you signed yet?
Philips said that the company’s experience…‘made us feel comfortable there would be a rebound’ in enrollment ‘at some point and time.’
At some point in time the sun will burn out
‘That apartment brokerage team is pretty busy now. And their investor clients definitely have a lot of new developments to choose from with more than 10,000 apartments recently built, under construction or planned in metro Phoenix. The heady number of new apartments in the Valley gives some folks pause, though. After two years or steady increases, the average Phoenix-area apartment rent did dip a bit last month’
‘Phoenix-area rent growth is tapering off according to the most recent data from real estate market research firm, Axiometrics. One reason, the company said, is slower job growth.’
“Fewer new jobs reduces the demand for apartments,” said Stephanie McCleskey, vice president of research for Axiometrics. “But the situation in Phoenix is far removed from that of the San Francisco Bay Area because new supply is not as much of a factor.”
The good ol bay areans, have they gone quiet lately! Anyhoo, the Arizona Republic is all over this one. Two years too late but they’ve never been anything but a REIC cheerleader.
Yeah, well, they’re not stupid. They know where their ad dollars come from.
In the 90’s, luxury student housing meant the heat worked in your dorm. LOL!!
‘an “upgraded clubhouse,” lighted basketball court and, among other amenities, a complimentary stand-up tanning bed.’
“In order to compete, you have to offer that”
This amenity race is funny. Like the DC apartment buyer said a few weeks ago: “these amenities don’t generate any revenue!”
Luxury Dorm: For me it was when my roommate stayed at his girlfriends apartment for several months, leaving me with more space and privacy to bring girls back. True luxury!
Someone posted this in the last thread:
Comment by RioAmericanInBrasil
2015-12-09 07:13:17
Does a bigger sucker exist than a Bernie Sanders supporter?
Trump supporters’ twisted vision of reality will not help the Repubs win the election imo. Unlike most Trump supporters, a Sanders supporter has the intelligence and enough degree of realism to see the big picture. Sanders is helping his party no matter who gets the Dem nomination. Trump is absolutely destroying his party’s chances. Trump is lifting the veil on the very ugly side of the Repubs I’ve been talking about for years.
Come November, Trump supporters are going to still be wondering how it all went so wrong, while most more intelligent main-stream Repubs will know how it all went so wrong.
Hint: I seriously doubt that your gettin’ “your country back” in November.
Comment by RioAmericanInBrasil
2015-11-29 13:25:54
I’m beginning to think Hillary’s election chances scares the he!! out of Republicans.
Can you imagine their fears after 8 years of a black guy then 8 years of a women president? And a women that’s hard to like?
16 years is almost a generation. Half the old white guys from 08 might be gone. I don’t relate to their fears but I understand them.
They should support Sanders because Repubs are toast imo.
Pure comedy gold!
Gold Jerry! Pure Gold! We could make a fortune!
Ben, my respect for you is immense.
At the same time, it’s extremely sad to watch the beginning of the end. I don’t see comedy gold. I see the death throws of democracy, and the rise of autocratic criminal thugs and dictatorships, like in Russia, everywhere.
To all Trump supporters out there - Putin is not your friend. Russia is not America’s friend. Putin’s goal is to destroy America, the US dollar, and the American way of life.
If Trump is dumb enough (or, as I suspect, corrupt enough) to jump on the Putin’s bandwagon, then he’s either a moron or a traitor. I don’t know which scares me more.
Putin is not our friend.
Putin is not our enemy.
Putin does what is in Russia’s best interest.
Many times that could be what is in America’s best interest.
Like the destruction of ISIS or keeping OPEC on a short leash.
Putin is our enemy. If you think otherwise, you’re either a traitor or a fool.
His dream is to destroy the US way of life.
You calling obama a traitor?
How about his deal with Iran?
Funny the double standards of the left…
—–
Obama tells Russia’s Medvedev more flexibility after election
President Barack Obama was caught on camera on Monday assuring outgoing Russian President Dmitry Medvedev that he will have “more flexibility” to deal with contentious issues like missile defense after the U.S. presidential election.
Obama, during talks in Seoul, urged Moscow to give him “space” until after the November ballot, and Medvedev said he would relay the message to incoming Russian president Vladimir Putin.
http://mobile.reuters.com/article/idUSBRE82P0JI
You’re a troll. Obama is leaving, so who cares about him? He is the past. Trump is the future.
Trump is explicit in his pro-Russian dictator stance.
I’m wondering what NYchik thinks the grave consequences of peaceful negotiation with Russia from a position of power might be. Wasn’t it not long ago that we bailed them out from a financial crisis?
I suspect what Russia really wants is to be left alone by the Globalists.
What you suspect is wrong.
They are hellbent on exporting their version of criminal thuggery, just as the Soviet Union was hellbent on exporting “the revolution”.
Putin’s getting involved in Syria, having his air force fly right along the borders of many countries, sending a beat up aircraft carrier though the strait of Gibraltar. He’s pretty globalist himself.
Geeze Mikey, perhaps you didn’t notice the US “getting involved”. Is Syria an ally of Russia? Perhaps you don’t care.
I noticed that. It’s not relevant. If you were part of true blue anti-globalist crew, you would understand that having allies and rushing in to help them is a form of globalism. George Washington famously warned against such alliances.
“Putin’s goal is to destroy America, the US dollar, and the American way of life.”
Well, then. He’s a little late to the party. Hillary and Obama seem to be well ahead of him.
You have no idea.
Collapse of the US dollar, break-up of NATO, and eventual break-up of the United States - those are Russia’s goals. It’s not like it’s a secret, LOL.
Alaska by right belongs to Russia. California, Texas and Hawaii should secede the Union. America should be either broken up into small ineffectual pieces, or turned into radioactive dust.
These slogans are an everyday diet of Russian generals and politicians. It’s not just the state-controlled media frenzy and zombified population; it’s the officials, the highest ranking members of officialdom, who say so - with complete approval of Putin.
“You have no idea.”
I believe you. I don’t know Putin. However, as I recall, you work on Wall Street, and Wall Street has done more of a number on me and my environment than Putin has. At this time.
Give him time. Whatever grievances you had against “Wall Street”, “globalists”, “liberals”, and “Hillary/Obama combined” (and I’m definitely not the fan of the latter), will be NOTHING compared to what you’ll suffer once Putin is done with you. Unless he’s stopped.
These new cold warriors have sent most of our manufacturing jobs overseas, lost wars, turned the Mideast into a jihad wonderland, let in millions of illegal immigrants and saddled us with $200 trillion in unfunded liabilities. We have some problems and we’re going to try something different for a time.
Agree about trying something different. Scared to death that it’s Trump (and Putin) who will be trying it.
You have nothing to be afraid of. The RR is nothing more than a regional power. Don’t overestimate it.
“However, as I recall, you work on Wall Street, and Wall Street has done more of a number on me and my environment than Putin has…”
When will you take the beer goggles off for long enough to notice that over half of Trump’s newly appointed cabinet heads cut their teeth on Wall Street? (I know, I know, this is much better than filling top positions with government insiders like Mike Pence or Rick Perry…)
Russia is a regional power at best and is in recession. They have demographic problems too. This new cold war the neocons and interventionists like Screech wanted was to embroil the US into decades of useless military buildup. Do some reading: the neocons hated the end of the cold war. I seem to remember being kinda glad about it. Still am and aren’t interested in repeating it, especially against some phony mighty-Russia.
I’m an optimist by nature. We have a chance things could get better in a post-globalist world. Sure it could all go to hell, but we’ll face that if and when it comes. For now it takes all my spare time to enjoy the humiliation of the pompous ass-hattery that was rio and those like him.
Well, Ben said everything I wanted to say.
Agreed about “in recession” and “regional power” - with one exception.
They have the will and the might to reek havoc in the world and in the US.
It’s very difficult to build something, to create something. But it’s very easy to break something which others spent their lifetimes building. Putin deals in chaos.
He has the means - including the vast monetary resources (such as plenty of oil and stolen billions), the military force (Russia is a leading exporter of modern weapons), the “KGB” (VERY skilled in “special influence and disruption operations” abroad), as well as the highly sophisticated cyber force (on par with the US).
He certainly has the will - and the goal, to end the US dominance, to end the Western (democratic) way of life.
He’s dangerous.
Russia does not have even a minimal chance of doing anything to us. This is all just more neocon propaganda, like during the cold war they used to tell us how huge and growing the Russian economy was, when in fact it was like North Korea.
I’m not neocon.
Russia already is doing things. Very successfully.
They wanted Crimea - they got it. They wanted to keep Assad, to re-assert Russia’s might in the Middle East, and to humiliate the US - they got it all.
They wanted Brexit as the first step to the dissolution of European Union - they got it. They wanted the far right parties replacing the center and the left in EU - they’ve got it, and in the process of getting it. They wanted Trump - they’ve got him.
Don’t underestimate them.
Those far right parties are pretty lefty in my book. But I wanted Brexit to win, I voted for Trump, I want the US out of Syria. This US “domination” is a losing game run by the globalists. Lesson: don’t underestimate a populist revolution.
Well, you are certainly upping the comedy factor on this blog
Ben, it’s funny, but I’m also in favor of Brexit as a means of stopping uncontrolled migration, and I didn’t want the US in Syria to begin with (there are no good guys there, although some guys are much worse than others), and I was ready to vote Republican - anybody but Hillary - until Trump.
What scares me is that Russia is capitalizing on this “populist rebelion” to weaken the West. And it’s succeeding.
It’s all good and well to Brexit, and to elect the far-right parties (to keep the left in check), but if it leads to the collapse of the European Union?
It’s all fun and games to elect Trump to get back at “establishment” (and do they deserve it!), but what if he plays into our enemies hands, and it leads to the collapse of American democracy and dissolution of the US?
Hard to imagine? A fun historical fact - former mighty empires are prone to easy breakage.
All empires collapse. Better to just ditch it and move along. Everybody has to figure out how to get along without the US “policing” the whole thing.
Nonsense. Nothing strengthens our Republic like falling prices to dramatically lower and more affordable levels.
What will runaway inflation do to our Republic?
What are falling prices going to do to our Republic?
The left is looking for a scary boogeyman.
When Romney called Russia America’s greatest geopolitical foe, Obama laughed at him, telling him that he didn’t understand how the world works.
So, what is it? Is Russia a foe? Or not?
I tend to think along the same lines as 2banana…Putin is looking out for himself, and the best thing for Putin is to stay in power in Russia. And to stay in power in Russia, Russians need to feel like Putin is looking out for their best interests.
As such, what is good for Russia is good for Putin.
The task for any US President is to see where our interests overlap, and build on the relationship.
It is true for any global relationship.
So, what is it? Is Russia a foe? Or not?
To answer that question we need to know if the hacking was their fault.
‘Former UK Ambassador Blasts “CIA’s Blatant Lies”, Shows “A Little Simple Logic Destroys Their Claims”
‘As Julian Assange has made crystal clear, the leaks did not come from the Russians. As I have explained countless times, they are not hacks, they are insider leaks – there is a major difference between the two. And it should be said again and again, that if Hillary Clinton had not connived with the DNC to fix the primary schedule to disadvantage Bernie, if she had not received advance notice of live debate questions to use against Bernie, if she had not accepted massive donations to the Clinton foundation and family members in return for foreign policy influence, if she had not failed to distance herself from some very weird and troubling people, then none of this would have happened.’
‘The continued ability of the mainstream media to claim the leaks lost Clinton the election because of “Russia”, while still never acknowledging the truths the leaks reveal, is Kafkaesque.’
‘In fact, the sources any serious journalist would view as “credible” give the opposite answer to the one Freedland wants. But in what passes for Freedland’s mind, “credible” is 100% synonymous with “establishment”. When he says “credible sources” he means “establishment sources”. That is the truth of the “fake news” meme. You are not to read anything unless it is officially approved by the elite and their disgusting, crawling whores of stenographers like Freedland.’
‘The worst thing about all this is that it is aimed at promoting further conflict with Russia. This puts everyone in danger for the sake of more profits for the arms and security industries – including of course bigger budgets for the CIA. As thankfully the four year agony of Aleppo comes swiftly to a close today, the Saudi and US armed and trained ISIS forces counter by moving to retake Palmyra. This game kills people, on a massive scale, and goes on and on.’
Worth reading in full.
I don’t know why that HTML won’t work, but here’s the link:
http://www.blacklistednews.com/Former_UK_Ambassador_Blasts_%22CIA%27s_Blatant_Lies%22%2C_Shows_%22A_Little_Simple_Logic_Destroys_Their_Claims%22/55732/0/38/38/Y/M.html
Or you find it halfway down the page here:
http://www.antiwar.com/
“The left is looking for a scary boogeyman.”
Well, of course they are. Much like the neocons who don’t know (or don’t remember) they are neocons are suddenly on the “wouldn’t it be nice if we got along with Russia” bandwagon.
Ah, partisan politics.
My SIL (left leaning HRC fan) shook Obama’s hand in a town hall meeting prior to his first presidential victory.
According to her, he had one of those limp-wristed handshakes.
Her comment: If Putin shakes this man’s hand, he’s going to think he can walk all over him.
Putin will take what he can, when he can. You need to approach relations with Russia with that in mind.
That’s pretty goofy thinking. It’s possible that Putin might think that way, but it wouldn’t make much sense. It’s also possible that Obama uses a firmer handshake with a guy than he does when shaking a woman’s hand.
Putin’s demeanor in this meeting seems to convey that he feels he’s dealing with a lightweight.
https://www.youtube.com/watch?v=5P1q3IDjBaI
My SIL is an attorney (retired partner at a law firm of more than 750 attorneys) and has shaken plenty of men’s hands in her day.
You can call it goofy thinking, or not, but the reaction to meeting Obama in person, and the words with respect to Putin were hers (an HRC/Obama fan).
And they were hers before Obama was president.
Obama was a fool, and a weakling.
I can’t believe the hatred of the left is so rampant, that the right would sell out their country to the Russian thugs.
My god.
I can’t believe the hatred of the left is so rampant, that the right would sell out their country to the Russian thugs.
I can’t believe somebody can swallow the ‘Trump’s a Russian pawn’ business. I’ve heard some say Obama has been playing checkers while Putin is playing chess. I think Obama has been playing tic-tac-toe. Trump is playing chess, just like Putin. He’s already had a nice chess opening against China.
I’m not sure what you’re playing, but more and more it seems that whatever you’re playing, you’re playing with a full deck.
I don’t know how close Trump is to Russians, and why.
I do know Russia wants to destroy America’s hegemony.
Siccing US onto China, or China onto US, just might accomplish this goal.
Have you seen the new Miller beer commercial? It’s the retro Miller song from the 60’s and 70’s.
No, I haven’t. Is it on youtube?
Cheers. Everyone raise their beer. Mr. Trump won a landslide victory.
“I can’t believe somebody can swallow the ‘Trump’s a Russian pawn’ business.”
Michael Viking knows better than the Washington Post writers. Of course.
The Washington Post
National Security
Secret CIA assessment says Russia was trying to help Trump win White House
Trump denies CIA’s assessment that Russia tried to help him win election
CIA officials told senators it is now “quite clear” that electing Donald Trump was Russia’s goal. In an interview on Fox News Sunday on Dec. 11, President-elect Trump denied the CIA’s assessment.
(Victoria Walker/The Washington Post)
By Adam Entous, Ellen Nakashima and Greg Miller
The CIA has concluded in a secret assessment that Russia intervened in the 2016 election to help Donald Trump win the presidency, rather than just to undermine confidence in the U.S. electoral system, according to officials briefed on the matter.
Intelligence agencies have identified individuals with connections to the Russian government who provided WikiLeaks with thousands of hacked emails from the Democratic National Committee and others, including Hillary Clinton’s campaign chairman, according to U.S. officials. Those officials described the individuals as actors known to the intelligence community and part of a wider Russian operation to boost Trump and hurt Clinton’s chances.
“It is the assessment of the intelligence community that Russia’s goal here was to favor one candidate over the other, to help Trump get elected,” said a senior U.S. official briefed on an intelligence presentation made to U.S. senators. “That’s the consensus view.”
…
“I’ve heard some say Obama has been playing checkers while Putin is playing chess. I think Obama has been playing tic-tac-toe. Trump is playing chess, just like Putin.”
LMFAO. Thanks!
God bless America. We’ve had a revolution and overthrown a dynasty. The the only thing being shed is tears.
No tears here. Much as I loath Trump, I’m gleeful that Hillary was thwarted.
I blame Democrats for letting that corrupt incompetent hag monopolize the party, and for not coming with a better alternative than crazy Sanders.
I equally blame Republicans for not standing up to Trump. Electing a pro-Putin useful idiot - oh, yes, that will turn out well. No doubt. :-((
Did you say the same about Obama?
Didn’t think so…
—–
Obama tells Russia’s Medvedev more flexibility after election
President Barack Obama was caught on camera on Monday assuring outgoing Russian President Dmitry Medvedev that he will have “more flexibility” to deal with contentious issues like missile defense after the U.S. presidential election.
Obama, during talks in Seoul, urged Moscow to give him “space” until after the November ballot, and Medvedev said he would relay the message to incoming Russian president Vladimir Putin.
http://mobile.reuters.com/article/idUSBRE82P0JI20120326
Of course, those things happened before Putin grabbed Crimea.
He needed the port. The US treats the gulf of Mexico and Caribbean like its private lake. Did you know Khrushchev gave Ukraine it’s independence one night when he was drunk as a skunk and no one ever considered it might split off? This Delaware sized place (that speaks Russian, BTW) no one in this country could find on a map isn’t worth WW3.
The issue was not war, but the way the tone used by President Obama in conversations with Putin and Medvedev.
Did you know that Russia actually HAD the port, for the next thirty plus years (till 2047), when it annexed Crimea?
It was a land grab. His goal was all of Ukraine, or at least half of Ukraine. He said as much in his 2014 speeches.
He kept talking about “unjustly divided Russian speaking people”, and that he had the right to “protect Russian speaking people with military force, where ever they lived” (I guess including Brooklyn, LOL).
Just like Hitler did, when he annexed Sudetenland.
Oh, Crimea. Funny the people of Crimea are not fighting a guerilla war against Russia. Land grab my ass. Read the history of Crimea.
LOL. What “people of Crimea”?
Maybe the original people of Crimea, i.e., crimean tatars (a turkish ethnic group)? They were exiled and sent to camps by Stalin, then 45 years later allowed to return, and now they’re being murdered, tortured, kidnapped and imprisoned, their public and religious organizations outlawed, their leaders exiled, their young men disappearing (sometimes found, later, dead).
Maybe the Ukrainians? Their language forbidden in schools, their defenders sentenced to 20 years of hard labor camps, on trumped up charges.
Or maybe you mean the Russians? Do you mean the ones who were sent to populate the emptied Crimea in order to replace the crimean tatars, or the ones who relocated to Crimea as a reward for their upstanding service in KGB and Soviet military?
Or the ones who during annexation were promised “pensions like in Russia”, and who are now being told “there’s no money, but be strong”?
Just like Hitler did, when he annexed Sudetenland.
Well, there it is
I don’t give a shit about Crimea
Watch the language there.
Do you give a shit about Russian thugs undermining American democracy?
Russian thugs…
Right. New poster. Russia, Russia, Russia. I voted against the dynasty you are shilling for. You lost.
It wasn’t Russia. It was me!
“It wasn’t Russia. It was me!”
Don’t self-aggrandize.
Why do you think Trump parades around with his family?
Meet the new boss, same as the old boss. MAGA = hope and change.
Sad Pandas tears?
1. Make Trump a racist to lose the election
2. Make Trump a tax cheat to lose the election
3. Make Trump a woman hater to lose the election
4. Make Trump anti-Jewish to lose the election
5. Force a recount to make Trump lose the election
6. Blame Russian interference and “fake news” to make Trump lose the election
7. Have the electoral college vote for someone else to have Trump lose the election
When all the above FAILS….
No big deal - Trump = obama
Your logic is an EPIC fail.
Additionally, Trump is following through on his campaign promises.
The freight train is coming…
He’s gone above campaign promises. Previously the only people who criticized the F-35 were ex-military and ex-politicians. Did any of you know this company cynically placed work on this boondoggle in practically every congressional district so as to pressure each and every person in congress to keep it going? We don’t even fight wars like this any more. Look at the recent past: Taliban, no aircraft. Al-Quada, no aircraft. Iraq, we destroyed almost every plane before they took off.
Remember when I posted that other boondoggle with the marines spending $1.5 billion to develop an amphibious landing craft? (They didn’t build even one in the end). We don’t beach landings anymore, haven’t for decades. This stuff is the biggest rip off our country faces and we all know it. It’s low hanging fruit and I hope Trump takes it.
Testify!
1. Make Trump a racist
Trump’s parents are probably to blame for that.
It’s gonna be a long 8 years for you TrigglyPuffs.
Trump’s parents are probably to blame for that.
except they aren’t, because trump isn’t a racist. you’re race baiting again.
There’s plenty of evidence regarding his discrimination against blacks who wanted to rent apartments in buildings that his family owned, as well as the way that he treated black employees at his casino.
Too late. He’s your President and you’re going to love it.
Did Trump call all black males “super predators with no empathy?”
Not even anything close.
But Hillary make comments like that and worse. She poses with a Confederate flag for votes when convenient. All and more are ignored by the fake legacy media.
And by useful idiots like yourself.
We don’t need the F35, but our friends do. Buck up!
US delivers F-35 fighter jets to Israel - CNN
https://www.youtube.com/watch?v=LPgeD53S21o
sez you, meltdown mike.
you sure don’t mind accusing others of racism.
it wouldn’t be that those blacks just didn’t qualify financially to rent, and then race baiters like you misrepresented the situation? that couldn’t be it, could it?
what about the homeless black woman that he’s been taking care of for years in trump tower? a nice place to live and meals. for years before he even thought about running for president. is that part of his racism, meltdown mikey? you’re pathetic.
But Hillary make comments like that and worse.
Go find a link for that. You call me a useful idiot. I say that you’re a useless idiot. Ha Ha
it wouldn’t be that those blacks just didn’t qualify financially to rent
No, employees of the Trump organization were told to deflect blacks who wanted to rent in their buildings.
Poor Meltdown. Poor poor Meltdown.
No, employees of the Trump organization were told to deflect blacks who wanted to rent in their buildings.
not by trump.
No, employees of the Trump organization were told to deflect blacks who wanted to rent in their buildings.
was the black homeless woman he takes care of in trump tower, a symptom of his racism?
you sure don’t mind accusing others of racism
I make the accusation if there is evidence.
you’ve shown NO evidence. you’re race baiting. you just can’t help it i guess.
was the black homeless woman he takes care of in trump tower, a symptom of his racism?
I’d never heard about that. I Googled it and it appears to be a hoax video.
Is Donald Trump racist? That question has hung over the presumptive Republican nominee for president as he has called Mexicans “rapists” and proposed a ban on Muslims entering the U.S. Lately, though, the question has taken on more urgency as Trump has repeatedly publicly attacked the judge who presides over Trump University class-action lawsuits. Calling the American-born Gonzalo Curiel a “Mexican,” he said Curiel was therefore biased against him, and he added to the flurry of objections by suggesting that a Muslim judge might also be incapable of hearing a lawsuit involving any Trump entity.
In between these remarks he managed to offend by singling out a black man at one of his rallies, calling him “my African American” as if the fellow’s presence proved Trump was on the right side of the race issue.
For the long followers of Trump’s career, however, none of these incendiary remarks are especially surprising. Trump has a long record as a provocateur on matters of race and ethnicity.
It starts in 1973, when the United States Department of Justice went to court with a discrimination complaint against the Trump family business, which rented apartments across Brooklyn and Queens. Coming from the administration of Richard Nixon, who was hardly a civil rights agitator, the complaint was based on an investigation that found four different Trump employees confirming that applicants for leases were screened by race. One rental agent said Trump’s father had told him not to rent to blacks and that he actually wanted to reduce the number of African Americans in his buildings. Three doormen said they had been instructed to deflect blacks who came to Trump buildings to apply for apartments.
See also: Here’s One Big Thing Trump Is 100% Correct About
Though just 26 years old at the time, Donald Trump was already president of the Trump Organization. Rather than work with the government to bring the company into compliance with the law, as the New York apartment king Sam LeFrak had done, Trump retained one of the most notorious lawyers in the country, Roy Cohn, and commence an all-out legal war. Cohn, who had been Joe McCarthy’s chief inquisitor during the senator’s witch hunt for communists in the government, filed a $410 million lawsuit against the federal government and smeared the justice department attorneys with terms such as “storm troopers” and “Gestapo.” Trump complained in the press of “reverse discrimination” and alleged a “nationwide drive” to force landlords to “rent to welfare recipients.”
Trump Tower Opening
Donald Trump, Mayor Ed Koch, center, and Roy Cohn, right, in October 1983.
Photography by Sonia Moskowitz Getty Images
In the early 1970s, “African American” and “welfare” were used interchangeably and it was a well-established hallmark of dog-whistle politics, which allowed speakers to appeal to racist beliefs without using openly racist terms. More whites used welfare assistance than blacks, but welfare was regarded by some as a special benefit for minorities. In 1980 the coded language that matched welfare with undeserving minorities was revealed as Ronald Reagan spoke of “welfare queens” and “strapping young bucks.”
Trump’s countersuit in the fair housing case brought against his company was dismissed by a judge who considered it a “waste of paper.” The Trump organization eventually accommodated the feds, agreeing to a protocol intended to address the mistakes of the past.
See also: Donald Trump Calls for Exploding the National Debt
For two years Trump would be required to supply weekly lists of vacancies to the Urban League’s Open Housing Center. When vacancies opened up in buildings where fewer than 10 percent of the tenants were black or Hispanic, the center would then have three days to submit applications from minority clients who wanted those apartments. If qualified, they were to get preference by agreeing to advertise vacancies in newspapers that served the black community. Trump was also required to advertise vacancies in press outlets serving minority communities.
Although he wound up complying with federal regulators on his rental policies, Trump had successfully staked out his position on race. He was on the side of those whites who resented civil rights laws intended to redress racism.
“A well-educated black has a tremendous advantage”
In 1989, he told Bryant Gumbel in an interview, “A well-educated black has a tremendous advantage over a well-educated white in terms of the job market…if I was starting off today, I would love to be a well-educated black, because I really do believe they have the actual advantage today. “ In fact, all the serious studies refuted that. However his statement did serve as a kind of shout-out to those who were ignorant about the racial dynamics in the U.S. economy.
See also: All You Need to Know About ‘Trumponomics’ In One Chart
Earlier in that same year Trump helped fan the flames of racial resentment when black and Latino teens were arrested in the infamous “Central Park jogger” attack. Trump alone chose to pay for $85,000 worth of full-page newspaper ads trumpeting, in capital letters, “BRING BACK THE DEATH PENALTY. BRING BACK OUR POLICE!” In the text Trump objected to then-Mayor Ed Koch’s plea for peace: Mayor Koch stated that “hate and rancor should be removed from our hearts. I do not think so.”
Trump ny daily news ad
Trump’s NY Daily News ad on the Central Park Five. (
New York Daily News Archive NY Daily News via Getty Images)
As Trump and other New Yorkers indulged in hate and rancor, the five accused were subjected to intense interrogation, most without their parents present, and gave false confessions. After years in prison, they were exonerated by DNA evidence. A book and a documentary film on the case showed how fear and race played substantial roles in the wrongful convictions but Trump, who fanned the flames, remained steadfast in his views. When the men received compensation for their imprisonment, Trump denounced the payments and smeared the men by saying, “These young men do not exactly have the past of angels.”
“@CoachClintSwan Tell me, what were they doing in the Park, playing checkers?
— Donald J. Trump (@realDonaldTrump) April 21, 2013
“Black guys counting my money! I hate it”
Next in the Trump record on race came a 1991 book by John O’Donnell, who had been president of Trump Plaza Hotel and Casino in Atlantic City. O’Donnell quoted Trump saying,“ Black guys counting my money! I hate it. The only kind of people I want counting my money are short guys wearing yarmulkes… Those are the only kind of people I want counting my money. Nobody else…Besides that, I tell you something else. I think that’s guy’s lazy. And it’s probably not his fault because laziness is a trait in blacks.”
O’Donnell’s report was shocking, but Trump did not contest it at the time. In 1997 he was interviewed for Playboy by author Mark Bowden and he confirmed that the O’Donnell book was “probably true.”
Two years later, when he was seeking the reform party nomination for president, Trump changed his tune. “I’ve never said anything like that,” he told Tim Russert on Meet The Press.
The flip-flop that saw Trump affirm John O’Donnell’s reporting and then deny it, must be weighed against Trump’s clear tendency to see things in racial terms and then say what he thinks.
http://fortune.com/2016/06/07/donald-trump-racism-quotes/
alright, i won’t defend the video. i watched it, but it might be a hoax.
the point still remains that you’re making an extraordinary claim with no evidence. if you have real evidence post it. but you won’t post it because trump isn’t a racist.
mikey, point to the specific sentence or paragraph that proves he’s a racist. i’m not going to read your lame articles. i never have and never will.
It’s gonna be a long 8 years for you TrigglyPuffs.
And we will be here every day to remind you
mikey, point to the specific sentence or paragraph that proves he’s a racist. i’m not going to read your lame articles. i never have and never will.
So now you’re claiming that there’s too much evidence. You don’t have the time to read it all. I forgot about the comment about the Mexican-American judge. Do you remember that one? it was just a few months ago. Paul Ryan said it was a textbook example of a racist comment.
Here’s on paragraph from what I posted above:
Next in the Trump record on race came a 1991 book by John O’Donnell, who had been president of Trump Plaza Hotel and Casino in Atlantic City. O’Donnell quoted Trump saying,“ Black guys counting my money! I hate it. The only kind of people I want counting my money are short guys wearing yarmulkes… Those are the only kind of people I want counting my money. Nobody else…Besides that, I tell you something else. I think that’s guy’s lazy. And it’s probably not his fault because laziness is a trait in blacks.”
i don’t care about people ‘quoting’ trump. they may be lying. i want evidence, not anecdotes.
do you have reputable news quotes or videos of him being a racist?
Mighty
Do you look like the dude in the SNL Bubble skit because from 1:30 - 1:38 you sound like him. (which includes the look on the girls face at the end)
https://www.youtube.com/watch?v=vKOb-kmOgpI
one more thing mikey. it should be recent. like within the last few years.
for instance, george wallace was a racist that reformed later in his life. he later did things that proved he had a change of heart.
byrd claimed he was reformed, but i didn’t believe him. all he had was words. so even though he claimed he wasn’t a racist anymore, i had trouble believing him.
so it should be something fairly recent to prove he’s a racist.
you claim he IS a racist, not that he WAS a racist. i doubt if you’ll find anything. even in his past. he just doesn’t seem like he could be that kind of person.
one more thing mikey. it should be recent. like within the last few years.
for instance, george wallace was a racist that reformed later in his life. he later did things that proved he had a change of heart.
Wallace probably made some statements indicating that he regretted his past actions. If you can’t find an example of Trump doing that, then you should accept evidence that’s not recent.
This is a pretty ridiculous conversation. I think a reminder to Mike is appropriate, the Mexican and Muslim are not exactly races. It is irrelevant what Trump’s father’s biases were, and they were likely similar to 95% of his generation. Trump’s generation (mine also) have worked against many of the legacy biases. It is difficult to just work together for a better world when the race baiters scream; No wait, we’re not done fighting!
Yes, his father’s views are not relevant. However, many Americans do think of Mexicans as being a separate racial group. They see people who look neither black nor white and so think of them as being a separate race.
Also, it may be the case that some people of Trump’s generation have tried to leave behind the biases of previous generations, but he’s not one of those people.
“when the race baiters scream; No wait, we’re not done fighting!”
+1
OBAMA: AMERICA ‘BY NO MEANS’ HAS OVERCOME LEGACY OF SLAVERY
CURATED BY JOSH CAPLAN
8 hours ago
So someone else, supposedly quoting a person, one time, during their 70 years on this planet is enough to consider that person a racist?
According to Bill Clinton, even having a “fleeting association” with the KKK is justified because Byrd was just trying to get elected and nobody’s perfect.
https://www.youtube.com/watch?v=8Fg3XNTMzNo
Byrd’s fleeting association:
“In the early 1940s, Byrd recruited 150 of his friends and associates to create a new chapter of the Ku Klux Klan in Sophia, West Virginia”
“Byrd became a recruiter and leader of his chapter.[13] When it came time to elect the top officer (Exalted Cyclops) in the local Klan unit, Byrd won unanimously”
“I shall never fight in the armed forces with a negro by my side … Rather I should die a thousand times, and see Old Glory trampled in the dirt never to rise again, than to see this beloved land of ours become degraded by race mongrels, a throwback to the blackest specimen from the wilds.
— Robert C. Byrd, in a letter to Sen. Theodore Bilbo (D-MS), 1944″
https://en.wikipedia.org/wiki/Robert_Byrd
What a bunch of deceitful hypocrites.
Just like when the Deep State tried to paint Ron Paul as a racist over ONE article that someone else penned.
Disgusting.
Wallace probably made some statements indicating that he regretted his past actions. If you can’t find an example of Trump doing that, then you should accept evidence that’s not recent.
except you still have given any evidence that trump is a racist.
So someone else, supposedly quoting a person, one time, during their 70 years on this planet is enough to consider that person a racist?
Go look at the excerpt from the Fortune article that I pasted above. There were quite a few incidents over a period of a few decades.
except you still have given any evidence that trump is a racist.
There’s plenty. You just refuse to accept it.
It is difficult to just work together for a better world when the race baiters scream; No wait, we’re not done fighting!
It’s unclear what this even means.
Just like when the Deep State tried to paint Ron Paul as a racist over ONE article that someone else penned.
You must not have read much about this. There were quite a few articles in his newsletters.
There’s plenty. You just refuse to accept it.
there’s none. you don’t have any. anecdotes aren’t evidence. all you do is race bait and not care about the damage you cause. YOU inflame racism.
“quite a few”
Does that equate to being in the KKK? Because Bill Clinton said that is okay, nobody’s perfect. And isn’t his word gold? He was two-term democratic president.
anecdotes aren’t evidence
Once again, that’s your opinion. You ask for evidence that Trump is a certain kind of person and I supply information that showed him saying and doing thing that indicates that he’s that sort of person. Then you say that anecdotes aren’t evidence. Perhaps it’s not possible to satisfy you due to your admiration for Donald Trump.
Does that equate to being in the KKK?
Since you were mistaken about the newsletters, maybe you should go and inform yourself about them.
I just looked up Bill Clinton’s use of the word “fleeting”. It turns out that it was at Byrd’s funeral. It’s the kind of that people say at funerals. I recall that Clinton also said nice things about Richard Nixon at his funeral, which occurred during Clinton’s presidency.
I found the following in an article on one those wacky right wing websites:
Byrd explained decades later that he joined the KKK because he “was sorely afflicted with tunnel vision — a jejune and immature outlook — seeing only what I wanted to see because I thought the Klan could provide an outlet for my talents and ambitions,” acknowledging in 2005, “I know now I was wrong. Intolerance had no place in America. I apologized a thousand times … and I don’t mind apologizing over and over again. I can’t erase what happened.”
I supply information that showed him saying and doing thing that indicates that he’s that sort of person.
you don’t know what evidence is, race baiter.Perhaps it’s not possible to satisfy you due to your admiration for Donald Trump.
“Perhaps it’s not possible to satisfy you due to your admiration for Donald Trump.”
all you need to do is show reputable news source quotes by him or a video. but you can’t. all you can do is show what other people claim he said. in other words, you have no evidence. race baiter.
You’re repeating yourself. Once again, plenty of people find those articles to be sufficient evidence. You probably would as well if the person in question was a liberal Democrat.
That’s your opinion. Now provide evidence.
I already did, rage boy.
Once again, plenty of people find those articles to be sufficient evidence.
yeah, about 20% of the population evidently. still, it isn’t evidence. it’s hearsay.
“You probably would as well if the person in question was a liberal Democrat.”
no, i wouldn’t. and especially not if the charge was as serious as racism.
I already did, rage boy.
meltdown is one smart cookie. he thinks hearsay is evidence.
Here’s another one that I forgot about.
Trump’s Pants on Fire tweet that blacks killed 81% of white homicide victims
http://www.politifact.com/truth-o-meter/statements/2015/nov/23/donald-trump/trump-tweet-blacks-white-homicide-victims/
Trump claimed on Twitter that crime statistics show blacks kill 81 percent of white homicide victims. The FBI statistic is 15%.
bzzzzt! wrong again!
making a mistake about a stat doesn’t make one a racist.
I had a feeling that you would say that.
Why even bring that up at his funeral? It was pure propaganda to release any democrat from being designated a racist.
From the Young Turks
“WATCH Hillary Clinton’s racist “super predators” speech. Cenk Uygur, host of The Young Turks breaks down the speech and what Clinton really mean”
https://www.youtube.com/watch?v=8k4nmRZx9nc
“i watched it, but it might be a hoax.”
The Trump apologistas have an excuse for every horrible thing the man said on the campaign trail.
Luckily for America, he is now our president, which means he will henceforth act presidential.
The Trump apologistas have an excuse for every horrible thing the man said on the campaign trail.
nobody needs an excuse because nobody cares what he said. elphaba simply had to be stopped no matter what. it was him or her and ‘he’ just had to win.
I’ll concede that Trump may have been the only candidate who could stop Hillary Clinton.
Clinton…. Brazil…. Housing… The economy.
lol@lola. Lol.
VZ=democratic socialism
Is there any way to read this website as a forums-thread type of thingie? So that it’s easier to follow conversations?
I remember a few years ago there was a mention of an app, or something.
Lolas comrade. Welcome back.
https://www.youtube.com/watch?v=Mmm3KTa601s
The what?
OBAMA: AMERICA ‘BY NO MEANS’ HAS OVERCOME LEGACY OF SLAVERY
CURATED BY JOSH CAPLAN
8 hours ago
America is still struggling to overcome its “legacies of slavery, Jim Crow, colonialism, and racism,” President Obama told Comedy Central Monday night.
Appearing on “The Daily Show,” Obama was asked about how he speaks to crowds about race.
http://vesselnews.io/obama-america-no-means-overcome-slavery/
Bill Gates says Trump has the opportunity to be like JFK
Matthew J. Belvedere
6 Hours Ago
CNBC.com
Bill Gates Bill Gates: Trump has a chance to lead through innovation
President-elect Donald Trump has an opportunity to establish “American leadership through innovation,” Bill Gates told CNBC on Tuesday.
“A lot of his message has been about … where he sees things not as good as he’d like,” the billionaire Microsoft co-founder said on “Squawk Box.”
“But in the same way President Kennedy talked about the space mission and got the country behind that,” Gates continued, “I think whether it’s education or stopping epidemics … [or] in this energy space, there can be a very upbeat message that [Trump's] administration [is] going to organize things, get rid of regulatory barriers, and have American leadership through innovation.”
http://www.cnbc.com/
Haysus…do they ever stop sucking up to anyone in power?
Media is media, I don’t care who it is. For example, here’s an alarmist bit of hogwash from ZH:
http://www.zerohedge.com/news/2016-12-13/soft-coup-builds-more-electors-demand-russian-interference-briefing-they-vote
It’s all about clicks and eyeballs. When you read the story, it’s Democrat electors who are going to vote for Hillary anyway. A non-story, of course, but ZH had to put it out there. ZH likes to stir the pot as much as any other outlet.
I like ZH to some degree, but jeez.
Russia hacked Detroit, too? I bet sad pandas have no concern whatsoever about this.
Voting machines in more than one-third of all Detroit precincts registered more votes than they should have during last month’s presidential election, according to Wayne County records prepared at the request of The Detroit News.
Detailed reports from the office of Wayne County Clerk Cathy Garrett show optical scanners at 248 of the city’s 662 precincts, or 37 percent, tabulated more ballots than the number of voters tallied by workers in the poll books. Voting irregularities in Detroit have spurred plans for an audit by Michigan Secretary of State Ruth Johnson’s office, Elections Director Chris Thomas said Monday.
nvar.com local uhs org shows
RE prices off in N NVA in November and the human tornado hasn’t begun to RIF n roll fed workers yet.
I heard Boris and Natasha came up with way more votes for Hillary than they had voters in Detroit.
Why is it that illegals voting, the dead voting and mysterious ballots showing up in someone’s car trunk always benefits democrats?
No wonder they are against voter ID.
No wonder that are against accurate voting rolls.
No wonder they call Canada and Mexico racist countries for requiring their citizens to produce a government ID before they vote.
The DNC is a patronage and graft racket. Voter fraud is indespensible to getting their crooks into office.
Because you’re a liar.
Banana is living in your empty skull…. rent free.
Which Putin’s orifice did you crawl out from?
Who is Putin?
We got Detroit right. It’s the rest of the state we bungled.
Hillary Clinton’s losing campaign cost a record $1.2B
By Bob Fredericks
December 9, 2016 | 2:06pm
Hillary Clinton and her supporters spent a record $1.2 billion for her losing presidential campaign — twice as much as the winner, Donald Trump, according to the latest records.
The president-elect, who confounded critics during the campaign by saying there was no need to raise or spend $1 billion or more, ended up making do with $600 million.
Clinton’s expensive machine tore through $131.8 million in just the final weeks, finishing with about $839,000 on hand as of Nov. 28.
http://nypost.com/2016/12/09/hillary-clintons-losing-campaign-cost-a-record-1-2b/
Remember when democrats wanted to get money out of politics?
The fake legacy media hasn’t hit that meme for a few years now…
All the foriegn “donations” to the Clinton Foundation. Hundreds of millions of dollars.
Just what we’re they buying?
This election, if nothing else, proved that money does not buy elections. Money is necessary to get your message out, but more money doesn’t make a bad candidate better, or a poor message resonate with voters.
This election proved that money, applied strategically, and covert influence buy the election.
Hillary’s staff was shown to be incompetent.
Tramp’s staff - especially the same UK “analytical” team that masterminded Brexit - was shown more skillful.
Doesn’t make it any less evil. It’s voter suppression and voter manipulation on the grandest scale.
‘It’s voter suppression and voter manipulation on the grandest scale’
And still we won.
Yes, you did. Whether that’s a good or a horrible thing, remains to be seen.
I hope for the best, but fear the worst.
Do you think Obama has been great, good, bad, or horrible for the country as a whole?
I suspect you think that he’s been between good and great, and I think he’s been between bad and horrible.
It’s all subjective.
And you’ll throw out some objective measures to prove your point, and I’ll throw out some objective measures to counter your point.
But at the end of the day, the very people who Obama supposedly championed (the little guy), which supposedly made him between good and great for many on the left, were the driving force behind Trump’s election.
[i]“Do you think Obama has been great, good, bad, or horrible for the country as a whole?”[/i]
I think Obama was better than Bush in the beginning, but overall - BAD for the country.
He ended recession and regulated big banks - I support him in this. He was concerned about the environment - me too.
He tried to reform the healthcare - I give him credit for trying, but the result was horrible.
But he slept through the Russian and ISIS threat, and overall he weakened the US tremendously, IMO. He tried to do the TPP as a counterweight to China - good idea, poor execution.
He let Russia interfere in our elections. He projected weakness, and the country is less safe for it.
They were buying what cannot be delivered.
When Hillary ran for her “It’s my turn” in NY. She spend 10 X the competition.
Where does a stay at home mom come up with $10 million of her own money to throw away on a State Senate election I’ve always wondered.
Crooked Hillary steered over $20 billion to Goldman Sachs after 9/11. That’s a pretty good ROI.
Cheer up my friends. Falling housing prices.
Redding, CT Housing Prices Crater 10% YoY
http://www.zillow.com/redding-ct/home-values/
Have you noticed they grey-out the Median Sale Price data? Wonder why that is?
Bahahahaha.
I thought that median sale price was the important number.
Falling prices is whats important here.
Which prices?
Falling prices.
It is when they are trying to lie with their fake home “values”. But then things get so bad they can’t even do that.
“I thought that median sale price was the important number.”
You, sir, are correct. Therefore, there is little doubt as to why they are suppressing the data.
It could also be that Redding, CT is a tiny market (~125 homes listed for sale), and for whetever reason, Zillow can’t get the sale price data.
The Excel Spreadsheet that Zillow posts showing median home sale prices has lots of blanks when you get to smaller markets…they didn’t cherry pick and suppress this particular market…they don’t show the median for lots of small markets.
I thought so too, so I tried multiple areas including all the major metros on the West coast (Seattle down to SD) as well as Chicago, Cleveland, Boston, and smaller locales like Eugene and Bend. All locked out for median sales price.
http://www.zillow.com/research/data/
Look at the raw data. The spreadsheets are available to the public. Looks like their data only goes to June 2016…weird.
Nothing weird about it. Housing prices peaked June 2015.
It’s a long way down my friend.
Where do you see June 2016? Most of these links are through October 2016.
So how’s real estate doing? This is a real estate blog, right?
All that is here at the top. BTW, it is not a real estate blog, it’s a housing bubble blog.
Buckle up!
Are you a newbie? We may have to jump you in, gangsta style….
More pertinent question, how RE will do?
Things will change, for sure. But how?
Al Gore’s favorite song.
https://www.youtube.com/watch?v=9AUEjzVQwKo
This Tillerson dude is going to be one bad-assed secretary of state.
For whom?
You’re enraged. Relax my friend. Relax.
I’m concerned.
As you should be.
You’re giving yourself an anxiety attack. Relax.
The net result of the Russian hack of the DNC servers was a more informed voter (they turned the emails over to Wikileaks who put them in a searchable database).
I understand the anger of the Democrats - their candidate was damaged by this. Were the tables turned, and the Russians hit the Republicans like this, the Democrats would be smirking and the Republicans would be angry.
Regardless, in each of those two scenarios, the net result is a more informed voter.
Is that such a terrible thing?
The net result is a brainwashed voter. It wasn’t just hacking. It was propaganda trolling, memes and fake news.
In Russia, population is completely zombified, as a result of massive propaganda and internet control via paid trolls. It’s a very powerful tool. It’s sad to see it spreading to the US.
I have to ask though - “Were the tables turned, and the Russians hit the Republicans like this, the Democrats would be smirking” - do you really believe that?
Are there no Republicans left who are patriots first, republicans after? Are there no Democrats left who are patriots first, democrats after?
Lola pretended to know a lot about Brazil too.
Are you gay?
Lola?
http://www.msn.com/en-us/news/us/scientists-are-frantically-copying-us-climate-data-fearing-it-might-vanish-under-trump/ar-AAlw6Q4?li=BBnbcA1
My climate prediction is for 8 years of hysteria, bedwetting, and tears. And lots of comedy.
My prediction is that your comedy will give way to mortification within the next four years.
better than the mortification had elphaba been elected.
crushing_housing_losses