Debt-Ridden Families Struggling To Pay Monster Mortgages
A report from Sourceable in Australia. “The peak of the boom in residential construction in Queensland appears to be coming to an end. In its latest report, the Master Builders Association of Queensland says it expects dwelling commencements to fall from what it expects will be a record 48,000 in 2016 to a still healthy 43,000 in 2017 before dropping back further to 40,000 the following year. ‘Beyond the existing pipeline of work demand is softening. There are reports of softer rents, more modest price growth,” said Master Builders deputy CEO Paul Bidwell.”
“As at September last year, ABS data suggests that the value of work in the residential pipeline throughout the state stood at record levels of $6,708 billion – almost three times its level four years earlier. Nevertheless, building approvals have slowed. Moreover, significant volumes of new supply which are set to come online are causing raising concerns that some parts of the market might be pushed into a situation of oversupply. Apart from the supply issue, however, there are also other headwinds as the loss of 30,0000 jobs over the past twelve months and subdued income growth has limited consumer spending confidence and power.”
The Australian. “Brisbane inner-city apartment sales have fallen almost a third over the last year amid warnings high prices in newer developments may not stack up at valuation time, new analysis predicts. The analysis, however, said there was little evidence of significant settlement risk, despite stretched out time frames — especially for foreign buyers.”
“‘Projects on sites purchased later in the cycle (potentially at an above market rate) are likely to be exposed to higher levels of settlement risk,’ property services firm JLL’s latest Brisbane Apartment Market Commentary said. ‘The higher asking prices for units in such projects may struggle to meet valuation benchmarks upon completion.’”
From Business Insider. “Australia is currently in the middle of an unprecedented apartment building binge, particularly in the eastern capitals. The skies are littered with cranes, but with so much high rise construction activity going on, there’s been more than a little unease over the prospect of an apartment glut forming, particularly in Brisbane and Melbourne’s inner city areas.”
“According to CoreLogic, nearly 20% of all units sold at a loss in Brisbane during the September quarter, while 10.5% of Melbourne sales were also for less than what the originally purchase price. According to figures released by the ABS, there were over 30,000 ‘other’ residential dwellings — almost entirely units — under construction in Queensland in the 2016 September quarter. Most of them are in Brisbane. There was an even larger number – in excess of 45,000 – under construction in Melbourne over the same period. A lot of stock has yet to hit these markets, in other words.”
The New Daily. “New data has illustrated just how reliant the nation is on sustained house price growth. Roy Morgan Research reported that Australians are less heavily geared on property than in recent years, but that pockets of risk are emerging. The fear underlying these figures, even in strongly ‘improved’ areas like Sydney and Melbourne, is that if price growth – the factor that is lowering gearing levels – stalls or reverses then many households may be in serious trouble. For example, if they are forced to sell they might incur a capital loss.”
“The Roy Morgan study also estimated that 302,000 borrowers, or about 7 per cent of all mortgage holders, had little or no equity in their homes. ‘With some early signs that home loan rates are rising, the problem is likely to worsen as repayments increase and home values may decline, which has the potential to lower equity levels even further,’ Roy Morgan spokesman Norman Morris said.”
The Daily Telegraph. “More homebuyers are missing loan repayments, with mortgage defaults soaring a whopping 25 per cent across Australia in a year. Debt-ridden families are struggling to pay off monster mortgages as cost-cutting bosses slash their work hours and overtime. And global credit ratings giant Standard & Poor’s (S & P) is warning that even more Aussies will fall behind in their mortgage payments this year. Home loan ‘delinquencies’ rose by one-quarter in the 12 months to November, with one in every 87 mortgages at least one month in arrears, S & P revealed. The number of homeowners more than three months behind in payments jumped 41 per cent.”
“S & P warned the levels of people in arrears would get worse this year, with analyst Erin Kitson saying underemployment was partly to blame. ‘Arrears are higher than they were a year ago, even though interest rates are relatively low and unemployment is relatively stable,’ she said.”
The Courier Mail. “Perth house prices will continue to fall in 2017 and won’t start to recover until the middle of 2018, WA’s biggest property developer warns. In a bleak new year prediction, Nigel Satterley said a 5 per cent drop in the city’s median house price was likely within the next six months. The millionaire businessman said an oversupply of listings and fierce competition among sellers would drive prices further down.”
“Referring to the bulk of Perth’s listed houses — those valued between $350,000 and $1 million — Mr Satterley said: ‘People buying this year are going to be buying near the bottom of the market. It’s a good time to buy. WA-wide, this is the most competitive I’ve seen the new house and land market since 1970.’”
The Daily Mercury. “The number of empty homes in Mackay has increased for the first time in more than 12 months. According to REIQ figures, the vacancy rate in Mackay for the quarter ending in December increased a full percent from 6.9% to 7.9%. The increase has put Mackay’s vacancy rate ahead of Townsville as the second highest vacancy rate of Queensland’s regional centres. Only Gladstone has more vacancies with 9.9%.”
“Elders Real Estate Mackay principal Sally Richards said she believes the rental market had definitely improved, saying December was one of the biggest months in 2016. ‘We’ve noticed properties are talking less time to rent especially houses with pools at this time of year, however, units are taking longer to rent because there is a slight oversupply.’”
The Gladstone Observer. “Real Estate agents in Gladstone have already called it but property gurus Herron Todd White have made it official, the property market in Gladstone has hit the bottom. For at least 12 months, as property prices continued to tumble, Herron Todd White said Gladstone’s residential market was ‘approaching the bottom.’ But after its latest Month in Review report, the experts say it is ‘no longer all doom and gloom and it is unlikely that values will drop any further. The key driver at present is the affordability of property in the Gladstone region…value levels are the lowest they have been in over a decade.’”
“Although the market has hit the bottom, the report stated that the road ahead may be difficult, especially for the unit market in town. ‘The vacancy rate is slowly dropping however until it is at least halved, there is unlikely to be nay pressure put on the rental market and rental levels,’ the report said. ‘2016 saw a significant increase in the number of mortgage defaults in the Gladstone region (and) with the possibility of increasing interest rates this year from major lenders, we suspect these properties will continue to roll in during 2017.’”
‘The number of Gladstone residents struggling with financial ruin has been released, suggesting the pain isn’t over for many families. New figures show 47 Gladstone people found themselves in financial ruin from October - December 2016.’
‘The figures, released by Australian Financial Security Authority, reveal the how many new insolvencies and bankruptcies were made in Gladstone. All up 25 people filed for bankruptcy and 22 secured debt agreements.’
‘The dismal statistics show people are struggling to make ends meet following falling property and rent prices and industry job losses. We faired far worse than Rockhampton, which had 18 people suffer financial ruin. But in Mackay it was far more grim, with 87 people filing for bankruptcy in the December quarter.’
industry job losses ??
What Industry Ben ?
Mining, mostly iron ore.
the timber industry is a disaster in ca.
Most of California simply doesn’t have the periodic rainfall nor the volume. Hence disease, drought and pests.
What are you talking about? Ever been north of San Francisco. They get >40″ of rain.
Crescent City, CA weather averages
Annual high temperature: 59.6°F
Annual low temperature: 44.3°F
Average temperature: 51.95°F
Average annual precipitation - rainfall: 71.26 inch
Eureka gets 40″
uhg. It is a big state!
Fetch Ballboy! lmao
Canceled due to rain. Thanks for remembering.
“Crescent City, CA weather averages…”
The Mountains between San Jose and Santa Cruz see more rainfall than that, but it all happens during a short time period. It’s fire danger the rest of the time. Look at the Sierra Mountains over the past six or eight years, same story. North of the Shasta range things change, but the Klamath Falls to Yreka has been mighty dry too.
>Ever been north of San Francisco.
Sure, a narrow stretch of greenery. Look out of the airplane’s window on your next Seattle trip… lot of arid-brown areas.
We called it a drought the last 5 yrs. look it up.
The China effect I see. China Steel. I don’t see that coming back anytime soon particularly in the USA
Trump has mandated US steel for the Dakota pipeline. That will keep a few hundred lucky-ducky domestic steel workers busy for awhile.
So the pipeline protestors can be seen as anti-(US) labor?
Protesters seem to have lots of sore time
China steel is already turning around:
http://www.shanghaidaily.com/business/manufacturing/Chinas-steel-sector-returns-to-the-black/shdaily.shtml
“China steel”
Extreme swings. Boom/crash/boom. Alot of everything over there depends on how much useless overcapacity they build or shutter.
Austin, TX Housing Prices Crater 18% YoY
https://www.zillow.com/montopolis-austin-tx/home-values/
Heckova job, central bankers.
dont you love centrally planned pricing?
“Real Estate agents in Gladstone have already called it but property gurus Herron Todd White have made it official, the property market in Gladstone has hit the bottom”
Uh, so it’s “official” because they’re “gurus”?
Maybe somebody rang a bell? Don’t they always ring a bell at the top and the bottom?
Boulder County, CO Rental Rates Crater 9% YoY
https://www.zillow.com/boulder-county-co/home-values
Labor Force Participation Rate Plummets To 30 Year Low As Record Numbers Of Americans Go Jobless
https://data.bls.gov/timeseries/LNS11300000
‘Dairy crisis: Understanding why the bubble burst and what it means for milk in supermarkets’
‘Dollar a litre milk was quick to become the villain of the dairy crisis. For many shoppers, it was why farmers were being forced off their farms. It prompted social media campaigns calling on the major supermarkets to ditch the cheap milk.’
‘But what few understand even to this day is that if the supermarkets ended milk discounting, it would do little to end the industry crisis. Here’s why.’
‘The further north you travel in Australia, the more likely that farmers are producing milk that will end up being sold fresh in bottles, to end up on someone’s breakfast cereal, or in their cup of tea. Those northern farmers were hardest hit when supermarkets dropped their prices to a dollar a litre in 2011, because the milk they produce is consumed almost exclusively as a liquid product within Australia.’
‘But the majority of Australia’s dairy farmers are not in that category. Instead, they are concentrated across the powerhouse dairy regions of Victoria and Tasmania, as well as southern NSW and south-east SA, where most of their milk is processed.’
‘Instead of being sold in a liquid form, it is turned into cheese and milk powders for export, and as a result, the global dairy market is the biggest driver of the price those farmers are paid. A processor starts the financial year setting its milk price. It will then usually announce a “step-up”, where it lifts prices and retrospectively back-pay farmers the difference.’
‘When Murray Goulburn, and later Fonterra, announced sudden and retrospective price cuts it was the southern farmers who were hardest hit. They had been told that booming export markets for milk powder products, particularly in China, would open up rivers of gold for the Australian dairy industry. As we now know, that did not go as planned.’
China unexpectedly strikes again…
They are very sneaky!!!!
“China, would open up rivers of gold for the Australian dairy industry. As we now know, that did not go as planned.’”
China is broke with an economy on its knees so its no surprise.
So why did the Chinese not buy the Australian milk powder? Are they lactose intolerant?
maybe they don’t trust milk anymore
There was melamine contamination in 10% of liquid milk samples from Mengniu and Yili, and 6% of those from Bright Dairy. … On 1 December, China’s Ministry of Health issued an update, saying nearly 300,000 babies were sickened after consuming melamine-contaminated infant formula.
Oh, wait. It’s in the article. China has a stockpile of powdered milk. Even the billion Chinese can’t use up this milk powder? That’s a lot of milk. Maybe the Aussies could turn the next milking into yogurt for India.
What magic will happen in 2018?
—
“Perth house prices will continue to fall in 2017 and won’t start to recover until the middle of 2018, WA’s biggest property developer warns.
Well, these are “gurus”, you see. They just know things.
Oh dear. What happens to the Vancouver real estate market when the supply of Chinese embezzlers dries up?
http://www.businessinsider.com/regulation-changes-in-china-could-crash-vancouvers-real-estate-market-2017-2
The bubble has popped and it’s a long, long, long way down…
Indeed… a very l-o-n-g way down.
The left hates free speech.
The left hates tolerance and diversity.
And they still don’t get why they lost.
—–
UC Berkeley cancels Milo Yiannopoulos event amid violent protest
SFGate | February 1, 2017 | Michael Bodley and Nanette Asimov
A protest at UC Berkeley turned fiery and violent Wednesday night, shutting down a scheduled speech by right-wing provocateur Milo Yiannopoulos.
The Breitbart News editor was set to deliver a speech inside a UC Berkeley campus building but hundreds of protesters began throwing fireworks and pulling down the metal barricades police set up to keep people from rushing into the building.
Windows were smashed and fires were set outside the building as masked protesters stormed it, and at 6 p.m., one hour before his scheduled speech was to begin, police decided to evacuate Yiannopoulos for his own safety.
The Berkeley Police Department said people threw bricks, smoking objects, and fireworks at police officers. University police locked down all buildings and ordered a shelter in place, and later fired rubber pellets into the crowd of protesters who defied orders to leave the area. Police called in support from other law enforcement agencies and warned protesters that they might use tear gas.
“This is what tolerance looks like at UC Berkeley,” said Mike Wright, a Berkeley College Republican member said as smoke bombs went off around him. Someone threw red paint on him. “It’s sad.”
“This is what tolerance looks like at UC Berkeley,”
It ain’t just Berkeley.
https://www.youtube.com/watch?v=PwTkx_uF4DM
The Putin Effect - live, at a campus near you.
Liberals aren’t interested in diversity, unless it’s diversity in skin color and sex organs.
Diversity of thought is not allowed.
It’s a shame, when you have a really good word like “Liberty” and it gets ripped off as a brand for intolerant abuse.
Hollywood Director Tweets Threat To Trump Supporters After Berkeley Riot
SCOTT GREER
Deputy Editor
2:11 AM 02/02/2017
Comedy director Judd Apatow threatened Americans who support Donald Trump that the riots that broke out at the University of California – Berkeley Wednesday night were “just the beginning.”
In a now-deleted tweet, the “Knocked Up” director shared a link to CNN’s coverage of the riots with the message, “This is just the beginning. When will all the fools who are still supporting Trump realize what is at stake?”
Read more: http://dailycaller.com/2017/02/02/hollywood-director-tweets-threat-to-trump-supporters-after-berkeley-riot/#ixzz4XXJ48Mnd
pumping 22 shorts into crowds is a sport in VA
come down lefties
“Liberals aren’t interested in diversity, unless it’s diversity in skin color and sex organs.”
That would explain the…
Trans Dykes are Good and Pure
signs at the UC Berkeley riots last night.
UC Berkeley cancels right-wing provocateur’s talk amid violent protest
By Michael Bodley and Nanette Asimov,
San Francisco Chronicle
February 1, 2017 Updated: February 1, 2017 11:37pm
http://www.sfchronicle.com/bayarea/article/Protesters-storm-Milo-Yiannopoulos-event-at-UC-10901829.php
Last night was at Cal Poly–no violence. We wont put up with that crap!
As an alum I’m glad to hear it.
Berkeley’s anti-fa tantrum aside, Milo Yiannopoulos is an agent provocateur and drama queen. Trust me, he loved every minute of this, being the center of attention. The folks at the Donald subreddit are on to him. He’ll probably be the next David Brock. In the meantime, Breitbart is stuck with him, until he turns on them.
“being the center of attention.’
Seems to be what a lot of the SJWs covet.
Right. Milo is all about Milo. Milo was never a Trump supporter. He was a Milo supporter. Interesting character, though.
Milo Yiannopoulos seems like he was made by someone.
Milo Yiannopoulos (/jəˈnɒpᵿləs/;[2] born 18 October 1984[3])
As a “cultural libertarian”[12] and “free speech fundamentalist”, he is a vocal critic of third-wave feminism,[13] Islam, social justice, political correctness, and other movements and ideologies he deems authoritarian or belonging to the “regressive left”. Yiannopoulos has been called a spokesperson for the alt-right,
https://en.wikipedia.org/wiki/Milo_Yiannopoulos
Milo is a spokesperson for Milo.
Lots of buzzwords there.
Did they manage to catch any of those masked agitators and find out where they were from or if they were paid by somebody? I don’t buy the theory that they are all Soros-paid. It could have been either side.
Notice there were NO ARRESTS made.
“Notice there were NO ARRESTS made.”
The assaults are starting to pile up at these “protests” with no arrests made.
UC BERKELEY
VIDEO: TRUMP SUPPORTER PEPPER SPRAYED AT UC BERKELEY PROTEST
http://abc7ny.com/news/video-trump-supporter-pepper-sprayed-at-uc-berkeley-protest/1732728/
I don’t buy the theory that they are all Soros-paid.
Much more likely they were all Milo-paid.
Nazi playbook (1930s) was to use masked violence-inciting agitators, in order to instill fear and to turn off normal people from peaceful protesting.
The easiest question to ask is “Who benefits?”. Certainly not Soros.
Soros benefits from global upheaval and disorder. This is well known. He doesn’t try to hide it, either.
Fascists like to grab power by organizing mobs of masked agitators, and inciting violence. This is well known.
Woman….. get a hold of yourself.
Fascists like to grab power by organizing mobs of masked agitators, and inciting violence. This is well known.
So you’re saying the Left are the true fascists?
the Left?
I rather think that psychopaths can fly whatever flag suits them.
“So you’re saying the Left are the true fascists?”
Actually she was agreeing with me on Soros, who also does not hide the fact that he was a Nazi collaborator in his youth. Right there on 60 Minutes.
I am sure you are as upset about this I am:
https://www.rt.com/business/375925-soros-hedge-fund-loser/
“So you’re saying the Left are the true fascists?”
There’s very little difference between true far-right fascists and true far-left commies.
Both specialize at rabble-rousing and inciting violence to forcibly grab power and limit people’s freedom. Both are experts at lying. Both turn totalitarian in the end.
However, in the case we’re discussing, it’s much more likely that the true perpetrators were fascists, not commies. As in, far-right fascist Milo-driven Nazis.
nothing but confused bs from start to finish.
Thanks for being one of the few who is not drinking the DJT kool aid.
Oh don’t worry. They are already protesting the protests. Very thorough these young kids are.
FWIW, Pres Trump just put out a tweet:
“If U.C. Berkeley does not allow free speech and practices violence on innocent people with a different point of view - NO FEDERAL FUNDS?”
Hmmm… no need to fly off the handle, Mr. Pres. Berkeley’s got some pretty good STEM programs that need funding. If anyone should be blamed, it’s the Berkeley security. There was enough time to estimate a clearly organized mob of 150 agitators and film the whole thing from multiple angles, but not enough time to grab a couple of them for questioning?
And they still don’t get why they lost.
This I agree with. They are STILL asking “how could people vote for such hate.” Easy. Those people needs jobs. They can’t eat diversity. Diversity eats them.
Those people needs jobs. They can’t eat diversity. Diversity eats them.
Who are you talking about?
They are STILL asking “how could people vote for such hate.” Easy. Those people needs jobs.
They also ignore the lessons of history.
It’s very easy to awaken the darkest impulses in people, especially in people with legitimate grievances (cue Germans and Russians voting for their authoritarians).
What’s difficult is to put the genie back in the bottle, once reason is displaced by dark emotion.
“What’s difficult is to put the genie back in the bottle, once reason is displaced by dark emotion.”
It’s the infrastructure damage that takes recovery time. Emotions can be controlled and fed, e.g., you might spend your weekends getting primordial, but Monday morning you fasten those little neck buttons on your white blouse preparing for another professional day at the office.
Don’t worry. Trump has a great guy to sort out those colleges.
POLITICS | Thu Feb 2, 2017 | 5:44am EST
Evangelical Jerry Falwell Jr. to head Trump education task force
By Ian Simpson | WASHINGTON
Evangelical Christian leader Jerry Falwell Jr. will head an education reform task force under U.S. President Donald Trump and is keen to cut university regulations, including rules on dealing with campus sexual assault, the school he heads said.
Falwell, the son of the late televangelist Jerry Falwell Sr., was described by Trump as “one of the most respected religious leaders in our nation” last year after Falwell endorsed him during the Republican party primary race.
Falwell is president of Liberty University in Lynchburg, Virginia, which bills itself as the world’s biggest Christian university. A school spokesman, Len Stevens, said on Wednesday it was not clear yet when the task force would start its work.
Stevens said Falwell was interested in eliminating numerous regulations the U.S. Department of Education has placed on colleges and universities, adding that many college presidents felt the same, regardless of their political orientation.
“It’s an autonomy issue for universities to be able to not be micromanaged by the Department of Education,” Stevens said in an email.
http://www.reuters.com/article/us-usa-trump-falwell-idUSKBN15G5F4
Ruh Roh…
http://www.marketwatch.com/story/why-grexit-worries-are-back-on-the-markets-radar-2017-02-01
RIP Sausage the Greek Riot Dog….
https://youtu.be/Br9QvqbDza8
Never mind Grexit. They need to be more worried about a potential Frexit.
My favorite invented word is “Italeave”.
A few months ago, there was news in the USA about milk and over production, and the producers dumped something like millions of gallons of it. Just dumped it into the ground.
Oh yeah, here it was.
http://time.com/4530659/farmers-dump-milk-glut-surplus/
“The farmers dumped the milk in fields and manure lagoons or used it as animal feed, in the first eight months of 2016, according to the Wall Street Journal, which cited data from the U.S. Department of Agriculture.”
–
Right around that time, I asked my grocery store clerk to give me my milk for free (to get it off their hands at least!) — but sadly, they wouldn’t do it. I still had to pay. Hehe.
people stopped eating cereal like they use to.I know I dont.
Compare the $/lb… might as well eat ground turkey.
I think that government support of milk prices is how we got the term “government cheese”.
You don’t remember the actual government cheese that was handed out to the poor and elderly? I remember eating it at Grandma’s house when I was a kid. It was a brick-sized piece of Velveeta-ish stuff in a cardboard box.
https://munchies.vice.com/en/articles/wtf-happened-to-government-cheese
Just plug “government cheese” into google images to see the typical government box.
Yes Oxy I remember. That’s why I mentioned it.
“You don’t remember the actual government cheese that was handed out to the poor and elderly?”
I remember when the Symbionese Liberation Army demanded free food distribution for all the oppressed former slaves living in the ghettos, and they just threw it at each-other; had great time.
sounds unlikely
I used to think the proposed high-speed rail line between Las Vegas and Victorville, CA (?!) was just a big H5B visa scam. But then the Chinese (specifically, China Railway International) pulled out of the project. So now I don’t know WHAT this project is. Other than in trouble, given the estimated $8 billion price tag with no one currently on board to finance it.
Not too surprising that, in general, nothing seems to be happening. The “milestones” section of their site hasn’t been updated since March, and the last “news” was June.
I’m amused that the “environment” section of the site features a pic of a saguaro cactus, which of course does not grow in the Mojave desert where this train is supposed to be built.
http://www.xpresswest.com/index.html
I’ll bet anything that if it ever gets built that it’ll be cheaper to fly from LA to Vegas than to ride the bullet train. It’s cheaper to fly from London to Paris or Brussels that to ride on the Eurostar.
I meant to ask the H1-B poster yesterday if they could do us a favor and come up with an e-commerce search algorithm that might be worth a crap. Or maybe they could fix Google’s now-worthless image search that returns nothing but Pinterest results (which, by the way, is illustrative of laziness). Not holding my breath, though.
As someone who follows the e-commerce space, it’s been interesting to see that all the early innovation and accuracy has been wiped out by the “global” software engineers. Baby thrown out with the bathwater.
You got that right! Here’s another perfect example of Google’s stupidity:
There is a new housing development near me on former farmland. So all of the street addresses are brand-new. So of course, Google doesn’t even recognize any of those addresses, and rather than stating that it can’t find the address, it picks it’s “best guess” which happens to be about five miles away!
So all of the real estate listings for these new homes, which used embedded Google maps, show the houses being in an existing cul-de-sac which was built out in the 1960s!
Our addresses are on a grid system - from the street number and address as well as extension (NE, SE, etc.) you can pinpoint exactly where in the county the location is. Google knows nothing about this system at all, apparently.
But…but…Keynesian fraudsters like Paul Krugman assured us that debt-fueled “growth” is the key to prosperity.
https://www.bloomberg.com/view/articles/2017-02-01/debt-and-deficits-are-about-to-matter-again-for-investors
The neocons will be enraged at Rep. Gabbard’s attempts to stop funding for “moderate” Syrian rebels.
https://gabbard.house.gov/news/in-the-news/op-ed-us-must-stop-helping-terrorists-fighting-syria-s-government
But they’ll love this:
“You have an expansionist Islam and you have an expansionist China. Right? They are motivated. They’re arrogant. They’re on the march. And they think the Judeo-Christian west is on the retreat,”
http://www.msn.com/en-us/news/politics/steve-bannon-were-going-to-war-in-the-south-china-sea-no-doubt/ar-AAmwFbi
“The one thing the Chinese fear more than America … they fear Christianity more than anything,”
“The one thing the Chinese fear more than America … they fear Christianity more than anything,”
Given how they try to suppress and control it, there might be something to that statement.
Someone once told me that there are more Christians in China than in the USA. I have no idea of how accurate that statement might be.
That Bannon is a piece of the work. He’d probably like to get rid of separation of church and state. Though I have a feeling that he rarely attends church himself.
Pence is the one who’d like to get rid of separation of church and state.
Go watch Pence’s oath of office at the Inauguration. He quite deliberately stresses the word “FAITHfully execute the office” during his oath. Dog-whistle.
“My feeling about Brexit was not anger at anybody else, it was anger at myself for not realising what was going on. I thought that all those Ukip people and those National Fronty people were in a little bubble. Then I thought: ‘F***, it was us, we were in the bubble, we didn’t notice it.’ There was a revolution brewing and we didn’t spot it because we didn’t make it. We expected we were going to be the revolution.””
“The Apartment Glut Cometh – Adios Housing Market”
http://investmentresearchdynamics.com/the-apartment-glut-cometh-adios-housing-market/
Glad you got your promotion, HA.
Me too. Now he has the authority to hire those guys standing in the corner of the Home Depot parking lot so he can drive his building cost per square foot even lower!
And they actually build things instead of stamping their little feet over construction cost of $50/sq ft.
Mark Hanson @MrMarkHanson 19h19 hours ago
More
HOUSING BUBBLE: Big, BUY-TO-RENT institutions that in large part are responsible for Bubble 2.0 are liquidating…
Thanks, Palm Beach. I really appreciate your updates on the Florida market.
Mark Hanson
@MrMarkHanson
HOUSING BUBBLE BUST: Only 13 homes of $4M+ entered into contract last week in NYC lowest number for the final week of January since ‘10.
Mark Hanson @MrMarkHanson
HOUSING BUBBLE BUST FL: Foreign buyers spent $4.3B less on residential real estate in the Sunshine State last year, an 18 percent plunge.
Wait until Trump effect (further restrictions on immigration).
How many of the foreign buyers are immigrants, i.e. moving here with plans to stay here full time? I’d think these purchases are more likely to be investments/flipping or money laundering.
It’s both. Invest or launder money, with an added benefit of getting a vacation home for snowbirding, while keeping an eye on retirement in warmer climate.
Getting quite serious now between Russia and the Ukraine than you Powers and company for destabilizing the region:
http://oilprice.com/Latest-Energy-News/World-News/Black-Sea-Incident-Risks-Russia-Ukraine-Conflict-Tension.html
than=thank
What did you expect? Putin got a green light from Trump.
Did Ukraine get it too? It has been acting in a very aggressive manner.
Ask yourself, what is more likely:
a) that Putin, given a green light from Trump, would step up his aggression?
Or
b) that a much weaker country (Ukraine) would attack an immensely more powerful country (Russia), when the U.S. clearly signaled it will not defend it?
NYchk
‘This is why those who were peddling “Hillary is war” meme were full of crap.’
A dingo ate my baby!
The globalists run Ukraine now. They will gladly sacrifice all the people living in the Ukraine for their agenda. Right now they want to discredit Trump. That is why the Ukraine is provoking Putin.
“A dingo ate my baby!”
“Weasels ripped my flesh!” Frank Zappa
Ukrainians want to discredit Trump, and that’s why they are provoking Putin?
Sure, it’s a brilliant strategy. “Lets make certain Russia invades our little country, kills our countrymen, rapes our women, steals our wealth and enslaves our population. Sure, we’ll be destroyed, but…
This will allow us to achieve a great benefit: we’ll be able to point at Trump and say: “I told you so! You bad, bad pro-Putin puppet!”"
Yeah. Sure. Makes sense.
The globalists run Ukraine now.
Where’d you get that?
As I said above the Globalists run the country and not for the benefit of the people, they even moved the gold out of the country for their benefit. Nothing would create more problems for Trump then what you described. What you describe has actually occurred in Syria and the Globalists caused it and did not care at all about the people of that country.
Where’d you get that?
The globalists sent out a meme telling:
1. That they wanted one world government run by their leader
2. They want socialism for the masses reducing the wages of the developed countries while raising wages in the developing countries. Of course, they still want to hang on to their wealth.
3. They gave a list of all people in their conspiracy.
Seriously want do you want? I gave you the links, just connect the dots? Clearly they installed the ruler they want and it has brought nothing by misery for the Ukraine.
Who’s the leader of the globalists?
Soros and every pigman who attends Davos.
Pigmen gonna pig.
@Albuquerquedan - As I said above the Globalists run the country
You’ve been misinformed.
It’s funny that disinformation that you consumed managed to convince you simultaneously of two contradictory narratives:
that on the one hand, Ukraine is run by nationalistic Ukrainian fascists, who are brutally oppressing Russian-speaking population, (which in turn seeks help in the welcoming arms of their defender Putin
),
and that on the other hand, Ukraine is run by globalists, who want to join the E.U. so much that they are ready to “provoke” Russia into invading and destroying their little country.
Which one is it? (Hint: neither is correct.)
Funny, I never stated the first. Do you know something I do not?
I must have confused you with another Putin-apologist.
I am not a Putin apologist but I do not want a war with a nuclear superpower over a dispute that we do not and should not be involved with. Putin is looking after his country’s interest, that is his job. So hacking the DNC to go after the globalists that interfered in his back yard or funding the anti-frackers to drive up oil prices do not make me insanely mad at him. I am more worried about the Bush family, the Clinton family and Obama that are working for one world government while ignoring their constitutional duties. They are the clear and imminent threats to my freedom not Putin.
Putin is looking after his country’s interest
Wrong. He’s looking only after his own interests, to preserve his power.
Those people (Putin and his gangsters) stole so much… They committed so many unspeakable crimes (not just externally, against the Russians, too)… They can’t afford to lose their power.
If Putin loses power, he’ll lose his freedom for sure, and more than likely he’ll lose his life. So for him, holding on to power is a matter of survival.
obviously if the new girl wants you to have an opinion, she will tell you so.
and what it is.
What about the Western role in the Ukraine:
https://www.theguardian.com/commentisfree/2014/apr/30/russia-ukraine-war-kiev-conflict
Dan, it’s an “opinion” piece, so I like to check the credentials of the person writing it, to understand what kind of “opinion” to expect from him. This one is square KGB-financed.
A quick search of the name, and we see that the author is a member of Putin’s Valdai forum. (If you’re not familiar with Valdai, it’s an annual gathering in Russia of pro-Putin Western useful idiots. These Putin apologists make a lot of money from their ties with Russia.)
From Wiki on Seumas Milne: “he’s on the far left of the Labour Party”. I wouldn’t be surprised to learn that his Soviet-Russian ties start from those early days.
Oh, yeah, here it is: “After graduating from Oxford University, Milne became the business manager of Straight Left, a monthly publication produced from 1979 by a pro-Soviet faction in the Communist Party of Great Britain.”
Bought and paid for long ago, LOL.
And he continues to support KGB to this day: “Milne has been accused of being one of the “leftist apologists” for Vladimir Putin’s government in Russia.
Attended Valdai. His expenses were paid for by the organisers of the event. Ben Judah wrote in late October 2015 that Milne had been “respectfully asking softball questions” of Putin. According to Judah, while “Milne claims to hate ‘imperialism’”, but he “was gazing respectfully at Putin” who “is an imperialist, spymaster and, in my view, a war criminal, too. One thing he is not is a socialist.”
Brian Whitaker, former Middle East editor for The Guardian asserted in October 2015 that Milne “views international politics almost entirely through an anti-imperialist lens. That, in turn, leads to a sympathetic view of those dictatorial regimes which characterise themselves as anti-imperialist.”
I don’t even need to read the opinion piece to know what kind of Kremlin talking points it will promote.
“Blah-blah, illegitimate American-sponsored coup; blah-blah, NATO aggression scares Russia; blah-blah, all hail White Knight Putin the Courageous, as Defender of Russian-speaking people oppressed by evil Ukrainian fascists and American imperialists”.
https://en.wikipedia.org/wiki/Seumas_Milne#On_Putin_and_Russia
‘One thing he is not is a socialist’
Mike has called time out on that.
“individuals such as Milne, in allying themselves with Putin “are not just making the West’s enemy their friend. Western leftists are allying with the West’s own far right” because Putin’s government “funds the French National Front and far right nationalist movements in Hungary, Slovakia and Bulgaria”.
From Wiki.
As discussed before, the far-left and far-right ALWAYS meet and find the point of convergence at the “totalitarian dictatorship”. Always.
Those who do not know history are doomed to repeat it.
because Putin
Here in the USA we only blame everything on the last guy. Try to fit in.
geeEEEz here it comes; this blog is morphing into ANOTHER long-winded pointless coffee-fueled politico pulling match, full of sound & fury, signifying nothing.
I just want short, snappy comments about feeding squirrels, strawberry pickers living large. real-time anecdotes.
oh for the days of Ben’s narratives of green pools, moldy homes & AZgal bicycle pics!
the beatings will continue until prose improves. or I move to Oil City w/whatsziname where they obviously don’t have da internet and live in a drug induced stupor all day.
if I wander into James Kunstlers apple treed back yard by accident someone please give me a viking funeral on my Honda Silverwing in full white Elvis leathers. cape optional.
(I did say “please”)
If Russia had interfered in Mexico like Obama’s administration interfered in the Ukraine, the U.S would be threatening war not just helping WikiLeaks:
http://www.bbc.com/news/world-europe-26079957
http://www.globalresearch.ca/washington-was-behind-ukraine-coup-obama-admits-that-us-brokered-a-deal-in-support-of-regime-change/5429142
Proof that Obama is a Putin operative. In fact it’s well known that all presidents since z. Tyler were Putin operatives. He has been controlling them with radio waves from his moon base.
Did you know that all the powdered milk stored in China was connected to the KGB according to CNN?
to stay blog relevant however: If it werent for Putin US house purchase prices would average under $30k and sale prices would average over $1.3m.
Actually it was Z. Taylor and J. Tyler. Putin must have infiltrated the schools and given us fake educations!
[Dang, all that Fortran gone to waste.
]
“Putin got a green light from Trump.”
Actually, that fantasy does not fit. The Russians were not actors in the incident, only the Ukrainers.
Speaking of green lights, any news on Obama’s 11th hour buildup on the Russian border?
It is interesting that the buildup did occur just prior to Ukraine getting aggressive.
“The Russians were not actors in the incident, only the Ukrainers.”
Nasty lie and 100% Kremlin’s talking point.
It’s shameful to repeat such lies. I’ve met plenty of people such as yourself in Russia. They know they are lying, and they are getting off on it. It’s that “gopnik” culture.
“But I saw a gun in your hand, I saw you point it and shoot, I saw you kill him!”
“No, I didn’t. Prove it! Ha-ha-ha.”
Perhaps I only read the article in the link provided. Sometimes we do that before going full shrew.
Calling out people on repeating lying Putin’s propaganda equals going full shrew.
Got it.
Comprehension fail. I’m sure the newspaper has a carpet you can vomit on.
“Debt-ridden”
https://www.flickr.com/photos/kenchie/4722304670/
Donk Craterton and the Stampedes
Australia is in Trouble. House prices are very high with incomes more or less flat. Looking at the data the break becomes prominent in 1997.
I think I’ve seen this episode before. May I change the channel, please?
Regards,
Roidy
“Looking at the data the break becomes prominent in 1997.”
Here too… central bank collusion; can’t short ‘em.
I’ve never met an Australian. From what I read they have it coming. Canadian will talk about “loving” houses and infatuation, etc, like making gobs of money for doing nothing is romantic. But Australians are downright religious about it. And these areas with the “financially ruined” loanowners: these shacks went up to 900K pesos! Now they are half that or less and I still wouldn’t take one if you gave it to me. Plus they live in an alternative reality. Look at the photos of these things. To listen to them go on about it, you’d think these were the Taj Mahal, but they look like some crummy crack house in downtown Phoenix.
https://youtu.be/zqXjP4PG_k8
FrancisJav @FrancisJav Jan 23
#TheSimpsons predicted the #HousingBubble!
From “You Only Move Twice” (s08e02)
Aired on November 3, 1996
Bahhhhhhhhhhh will stay tuned
The link has not posted but it appears that Ukraine and Russia might clash over an oil and gas field.
It posted. Oops, what have we here? Something about this is ringing a bell. Oh, my, whatever could it be?
“The violent anti-Trump protests and disruptive demonstrations aimed at shutting down Trump rallies during the 2016 presidential campaign and the Trump inaugural on January 20, 2017, were covertly organized by several U.S.-based Marxist-Leninist groups whose top operatives have ties to Russia through Putin’s “Anti-Globalist Movement” headquartered in Moscow.”
“The Anti-Globalist Movement in Russia is really an anti-American organization that brings radicals on both the right- and left-wings to Moscow for seminars and conferences in the attempt to build an anti-American international organization that today is heavily involved in backing the anti-Trump protest movement.”
http://www.infowars.com/moscow-trains-anti-trump-us-radicals-cnns-putintrump-link-debunked/
Double game, looks like. Reminds me of all that SMERSH and SPECTRE stuff.
Dr. Strangelove too, with that guy
That’s classic Kremlin disinformation: 60% truth, 40% lies.
It’s 100% true that the Kremlin-sponsored”Russian Anti-Globalism Movement” is actually an effort at inciting and monetarily supporting the U.S. (and European) separatism. This “movement” holds annual “world separatist congress” in Moscow, to which it invites the U.S. separatists of California, Hawaii, Puerto-Rico and Texas.
It’s 100% false to imply that Kremlin did not support Trump. It did.
http://www.zerohedge.com/news/2014-11-18/ukraine-admits-its-gold-gone
“Needless to say there was no official confirmation of any of this taking place”
As in, a made-up whopper. Not the first time I see ZeroHedge peddling in fake news.
Here’s the official website of Ukraine’s Ministry of Finance.
Gold and foreign currency reserves as of 12/31/2016:
GOLD = $941.71 million
http://index.minfin.com.ua/index/assets/
Gold and foreign currency reserves as of 12/31/2014:
GOLD = $911.09 million
http://index.minfin.com.ua/index/assets/?2014
Gold and foreign currency reserves as of 12/31/2013:
GOLD = $1,640.15 million
http://index.minfin.com.ua/index/assets/?2013
Why such a drop in 2014? Because according to the World Bank records, in October 2014 Ukraine had to sell gold in the amount of $874 million in order to pay off the internal and external government debt.
The enemy of my enemy is not always my friend.
True but sometimes you have to work with an enemy. Just as Churchill had to work with Stalin to win World War II. Nobody hated communism more.
OXIDE /ETHAN
Even w the human tornado landing Zillow hasn’t changed their DC area 2% appreciation call.
last year was zip
Giant global corporations will make up for any lost jobs. They like to be near the capital of the planet.
Nestlé to move U.S. headquarters to Arlington, bringing 750 jobs
By Abha Bhattarai February 1 at 12:27 PM
Nestlé USA, the maker of Häagen-Dazs, Baby Ruth, Lean Cuisine and dozens of other mass brands, is moving its U.S. headquarters to Arlington’s Rosslyn area, bringing roughly 750 jobs to a part of Virginia struggling with widespread office vacancies.
The world’s largest packaged-food company — which bills itself as a nutrition, health and wellness company — will move in at 1812 N. Moore St., the region’s tallest building, which has remained vacant since it was completed in late 2013. Nestlé was lured to the area, executives say, by its proximity to lawmakers, regulators and lobbyists — and more than $16 million in state and county subsidies.
“Frankly, this brings us closer to the heartbeat of our industry,” said Paul Grimwood, chairman and chief executive of Nestlé USA, which is part of the global giant Nestlé SA, based in Vevey, Switzerland. “It allows us to collaborate not just with consumers but also with other important stakeholders in Washington and on Capitol Hill.”
https://www.washingtonpost.com/business/capitalbusiness/nestle-to-move-us-headquarters-to-arlington-bringing-750-jobs-to-the-region/2017/02/01/0ff6ec34-e40c-11e6-a547-5fb9411d332c_story.html?utm_term=.c7f9072855bb
‘to a part of Virginia struggling with widespread office vacancies’
Commercial real estate bust on the way.
“Nestle USA is currently based in Glendale, California. Lisa Gibby, a Nestle representative, said there are about 1,200 employees at the existing headquarters. About 750 jobs are moving to Virginia and the others will head to the company’s divisions in Ohio and Missouri.”
Ouch. Ohio and Missouri instead of California? Bet they won’t pay as well.
http://abcnews.go.com/US/wireStory/nestle-usa-moving-headquarters-california-virginia-45198897
The Glendale water boys will be upset. If you understand the reference you watch too many bad movies.
I didn’t get the reference. Which movie?
“In the Army Now”.
“The commonwealth is offering $10 million in cash grants to Nestlé: $6 million as a Commonwealth Opportunity Fund incentive and $4 million from a Virginia Economic Development Incentive Grant. Arlington County is offering an additional $6 million in incentives — $4 million from performance grants and $2 million in infrastructure updates — as well as additional money for “extensive relocation assistance” to help cover expenses related to the company’s move and training of new hires.”
That adds up to about $20 million bucks, or $27K/job.
The Carrier deal in Indiana was $7K/job.
that was the highest and most empty building in the DC area
Short sales ramping up in a big way.
Good to hear/know.
‘More homebuyers are missing loan repayments, with mortgage defaults soaring a whopping 25 per cent across Australia in a year. Debt-ridden families are struggling to pay off monster mortgages as cost-cutting bosses slash their work hours and overtime. And global credit ratings giant Standard & Poor’s (S & P) is warning that even more Aussies will fall behind in their mortgage payments this year. Home loan ‘delinquencies’ rose by one-quarter in the 12 months to November, with one in every 87 mortgages at least one month in arrears’
One in 87? That makes Las Vegans look timely during the worst of the bust.
I wonder what the foreclosure laws are like in Oz? Can the lender garnish your wages after foreclosing to cover a loss?
That may not make a difference if foreclosure moratoriums are imposed like they are here.
The answer could probably be found here but I do not have the time to check:
http://www.loc.gov/law/help/guide/nations/australia.php
Takoma Park, MD Housing Prices Crater 25% YoY
http://www.movoto.com/takoma-park-md/market-trends/
All these protests/riots are sure costing cities a lot of $$$. See Berkeley.
DJT - crush, break, slam…
Gotta love the Marxist mindset. Freedom of speech is only for them. All the more reason why we should all be very thankful that the screecher lost.
Inside every “progressive” is a totalitarian.
A lie.
No, the attitude is they know how to live another person’s life better than that person knows. Thus, they want to dictate how a person lives his or her life. I think most people that buy large pick-up trucks do not need them but if they want them and use their own money to pay for them and the gasoline, that is fine with me. Progressives do not think like that, they will mandate gas mileage etc.
Da Tooth!
if they want them and use their own money to pay for them and the gasoline, that is fine with me
once again, good for Putin
I guess you’re also opposed to prohibiting smoking in public places?
It’s kind of similar reasoning: “your freedom to smoke ends where my freedom not to die of lung cancer begins”, and “your freedom to drive a large truck ends where my freedom not to die due to climate-change induced catastrophe begins”.
With large trucks, it’s either tax the hell out of them, or mandate gas mileage.
My good friends are in this video at 3:50. We love our trucks.
The non-sequitur of the day award goes to Natasha!
I was responding to Dan’s point about how progressives are supposedly totalitarian, because they would restrict a person’s choice to drive large trucks.
Ain’t so.
“your freedom to drive a large truck ends where my freedom not to die due to climate-change induced catastrophe begins”
lol…a few days ago, you were claiming that the Koch’s views on climate change would lead to authoritarianism (so called “climate deniers”), yet, the BS you just spouted above is leading to a greater and greater grab of the economy by the Federal government.
They have you…you have been brainwashed.
After you watch Inside Job, to educate yourself how WJC and his cabinet ignored danger in the derivatives markets, you should watch this:
https://youtu.be/j5M1qtN62yk
To educate yourself that “climate deniers” are not stupid, non-scientific thinkers. They simply look at the evidence, and based on the evidence believe the dangers to be overblown, and don’t think the current policies are warranted, wise, or a good use of resources.
That may describe a very small portion of climate deniers. There are millions who think that it’s some think that the scientists made up to get themselves funding.
I choose to trust scientists, not science-deniers.
99% of scientists who study climate agree that climate change is real, and that it’s human caused.
“That may describe a very small portion of climate deniers.”
And that’s the problem…we (I put myself in that camp), do not DENY climate change. “Climate Deniers” is a charged phrase to make people like me (scientifically minded) look somehow backward in our thinking.
I choose to trust scientists, not science-deniers.
99% of scientists who study climate agree that climate change is real, and that it’s human caused.
You really have been brainwashed.
I’m not saying that climate change isn’t real, nor am I saying that humans aren’t the cause. What I am saying is that there is a whole ton of scientific evidence that not only places huge doubt on whether climate change is dangerous, supports the view that the earth is less sensitive to C02 in the atmosphere than the politicians would like us to believe, but also makes it clear that scientists have been overestimating the risks for a long time.
Have you watched this? https://youtu.be/j5M1qtN62yk
Or do you choose to close your mind rational debate?
“You really have been brainwashed.”
You’ve been. The absolute majority of climatologists who agree that climate change is human caused, similarly agree that rapid societal response is needed in order to lessen serious negative consequences.
protest all yah want…. some taxpayers just get stuck with the high bills.
As a fiscal conservative (rare bird), I hate to see money wasted.
I’m also glad that Hillary lost.
Because the sooner we deal with this proto-authoritarian pro-fascist crap, the better.
If she won, we’d just end up with someone even worse than Trump in four years.
When a country is “pregnant with fascism” (c), it’s much better for everyone to deal with it as soon as possible, by bringing it into the open, instead of letting it fester and grow.
My hope is that we take the best from Trump, and fight the worst. This way society can renew, improve, learn and grow.
You think there’s no chance to save the country?
I’m starting to wonder, are you guys gold bugs? Guns, gold and a bunker to wait it all out, while the world above burns… before crawling back into the sun to start building the brave new world?
Woman……. Are you still depressed?
Some gold bugs, lots of tightwads, and gov blamers for their misery.
Then there are a rare few who belong to no party and seek the truth to better invest.
the smashing continues…
What are you thoughts on better investing in today’s circumstances?
I’m at a loss.
In mostly cash now. Kept a few high div stocks (>8%) short china… and wait. 401k each mo goes to CD.
I have my on Exxon.
Me too, mostly cash, but getting uncomfortable.
I think there’s a real risk of Trump devaluing USD.
Our international reputation is already in the toilet, the dollar might be next.
I’m starting to wonder, are you guys gold bugs? Guns, gold and a bunker to wait it all out, while the world above burns… before crawling back into the sun to start building the brave new world?
You say that like it’s a BAD thing….
I think there’s a real risk of Trump devaluing USD.
how would he do that?
Monetary inflation.
raising the money supply doesn’t cause price inflation.
Fiscal stimulus while keeping the rates low will.
..both cause inflation and devalue USD.
Fiscal stimulus while keeping the rates low will.
so you admit your ‘monetary inflation’ solution is wrong?
both cause inflation and devalue USD.
i assume you’re talking about price inflation. we need to be precise in this discussion.
what’s the difference between price inflation and the dollar losing value?
You really don’t know?
educate me, unless all you can do is play games.
Why would I want to, when you’re the one playing games?
Lets return to the beginning. I posited that “I think there’s a real risk of Trump devaluing USD.” You implied that there is no such risk.
Prove it.
Why would I want to
because it’s normal to answer questions in turn if you want to be answered.
Lets return to the beginning.
no, let’s continue from here.
I proved my point, you can’t prove yours. LOL
I proved my point, you can’t prove yours.
you didn’t prove any point and you can’t answer my questions.
Whatever. Keep drinking Trump koolaid.
people on this blog for while know that i’m against tariffs and other forms of protectionism. protectionism is price fixing. the same thing that caused and perpetuated the housing bubble.
Being anti-tariffs is not the same as being impervious to drinking Trump koolaid, as you so frequently demonstrate.
yes, i know you prefer the gore kool-aid.
i want regs and taxes rolled back, so i like that part of the trump kool-aid.f refreshing if it gets passed.
but i don’t like the protectionism that you seem to love.
btw, do you think it’s moral to force anyone to buy something they may not want or need?
Who’s gore, LOL? Nice deflection there, buddy.
Keep on deflecting and denying science.
Meanwhile, I’ll keep reading reports from scientists instead of political hacks, such as yourself.
I’ll keep reading reports from scientists
you mean like professor richard linzden, the atmospheric physicist from MIT?
you should see how he’s destroyed the climate alarmists like you. he’s on youtube in case you want to educate yourself. i’d much rather you stay in the dark though.
you mean like professor richard linzden
I have zero interest in reading a known climate skeptic, who’s funded by fossils fuel lobby (Peabody Coal, Exxon), and whose views are wildly opposite to the scientific consensus.
It was reported he makes $2500 a day from “consulting” fossil fuel industry. How much do you make for your political climate science denial peddling?
I have zero interest in reading a known climate skeptic
of course. you’d rather keep sipping the climate alarmist kool-aid. typical leftist.
linzden shoots all the sippers down so you have to run from him.
more co2 in the air means plants need less water. they grow better. less needed water means less strain on the resource and better production from the land.
and a warmer climate on net, opens more land for farming. sure there will be a few dry spots, but still more land. a warmer atmosphere holds more water.
all this and more polar bears than ever. what’s not to like?
too bad many scientists think we’re headed into a cooling era that might result in an ice age. more co2 please?
I believe the absolute majority of climate scientists.
I don’t believe you, and I don’t believe those paid by fossil fuel lobbysts.
You are not just biased, you are untrustworthy.
I believe the absolute majority of climate scientists.
yes, the ones funded by government to come up with their hockey sticks. keep living in your leftist lie. it’s where you belong.
That majority of scientists, who are in consensus on climate change, is credible, unlike a few “dissenters” who are funded by Big Oil.
That majority of scientists, who are in consensus on climate change
Last I heard - and I admit it might not be true now - the majority of scientists also believe in a Sky Wizard. There was also a time when the majority of scientists believed the world was flat. Throughout history the majority of scientists have believed and taught incorrect things time and time again. Often they have brutally castigated the people who came up with the correct theory.
Science isn’t a democratic process and anybody who says “the majority of scientists believe X” implying that it makes X true is ignorant.
The way this global warming thing is happening isn’t science, it’s more of the SJW BS of trying to shove their opinion down everybody’s throat. They preach ‘free thinking’, ‘diversity’, ‘coexistence’, ‘tolerance’ but actually they’re self-righteous babies/children who can’t tolerate any disagreement.
You are strongly in this camp. You talk is if you’re the almighty Sky Wizard himself. Everything you speak you’re sure is the gospel truth. Your mind is so closed it’s unreachable.
Last I heard
Clearly, you’re not a scientist and still live in the Dark Ages.
Usually it was the other way around. Scientists would come up with an inconvenient but correct theory, then have their mouths shut by deniers who didn’t want them to upset the apple cart.
Big Oil sure spends a ton of money on denial, I wonder why.
It’s ground hawg day. Will Punxsutawney Donk see her shadow?
Weather dot com has the scoop. Evidently there are 10 predictive groundhogs in North America. The results were mixed. There four for “long winter,” and six for “early spring.” ANd for good measure, the groudhog in Georgia predicted Atlanta Falcons.
lol@donk
But we haven’t had any winter yet.
What are they talking about, “more winter”? It hasn’t even begun.
White House: Trump’s Mexico talk ‘lighthearted’
The White House on Thursday confirmed that President Trump told Mexican President Enrique Peña Nieto he might send the U.S. military across the border to deal with drug cartels and illegal immigration if Mexican authorities do not.
The confirmation comes one day after the White House pushed back on accounts of the conversation, saying reports that Trump “threatened to invade Mexico are false.”
An official told The Associated Press, which on Wednesday published a partial transcript of the conversation, that the remark was meant to be “lighthearted” and came in the context of a “pleasant and constructive” discussion about mutual efforts to fight drug cartels.
“Those comments, while lighthearted, were part of a discussion about how the United States and Mexico could work collaboratively to combat drug cartels and other criminal elements, and make the border more secure,” the official said.
The White House did not dispute the latest account when asked by The Hill. It has not confirmed or denied whether Trump used the phrase “bad hombres” in his conversation with Peña Nieto.
http://thehill.com/homenews/administration/317512-white-house-trumps-mexico-talk-lighthearted
Once again, more proof that the meme “Hillary is war” was full of crap.
Trump is war. He’s so incompetent and impetuous he just might press a nuclear red button, for lulz.
He’s so incompetent and impetuous he just might press a nuclear red button, for lulz.
so you think he might just get drunk one night and ‘press the button’ eh? what makes you think his aides won’t hide it from him? worse yet, what if he misplaces it and accidently sits on it?
I think he’s stupid enough to press the button even if not drunk.
I think he’s stupid enough to press the button even if not drunk.
you’re so irrational it’s amazing. i showed you how ridiculous you’re being with some humor and you doubled down.
in case you don’t know, neither putin nor trump can simply ‘press a button’. they couldn’t press the button no matter how bad they wanted to. there are safety protocols they have to go through with generals at their sides. that have to give their approval to a series of actions before the weapons can be launched. if they believe the president is being irrational, they can stop him. ‘impetuous’ simply isn’t in the equation.
Pressing “a button” is a metaphor. Trump being stupid isn’t.
A man who in his phone calls with Heads of State threatens to send troops to Mexico and insults Australian president is capable of pressing the button.
The world is much less safe today than two weeks ago.
being stupid and launching nuclear weapons don’t have anything to do with each other.
You sure?
yes. if you think they’re connected, please explain how.
Better you explain how incompetence and stupidity in Commander in Chief are desirable qualities which make us all safer.
i didn’t say stupidity was a desirable quality in anyone.
i said “being stupid and launching nuclear weapons have nothing to do with each other”. you then asked me if i was sure, and i said “yes. if you think they’re connected, please explain how.”
i’m still waiting for you to explain how they’re connected. but of course you won’t, because you can’t, because they’re not connected.
Being stupid = getting us to the brink of war = continuing being arrogant and stupid enough not to be able to back off and de-escalate = pressing the button becomes inevitable and missiles start flying
If you think that’s it’s a good idea to be a stupid bully, because everybody else will be rational and yield ground, you’re mistaken.
It’s very easy to lead the country into war, or to reach a point when it just happens (like there were many instances of nuclear war almost happening during times of West-Soviets escalation).
Being stupid = getting us to the brink of war
even a child could see that’s not true. all you’re doing is exposing your faulty thinking.
If you think that’s it’s a good idea to be a stupid bully..
that’s not what i think, and you know it from what i said in a post above.
you’ve got more strawmen than a nebraska cornfield.
You are denying the undeniable - the increased danger of having someone stupid and rash in the Commander in Chief role, rather than someone competent and cool.
You are denying the undeniable
no, you’re conflating the incomparable.
“Debt-ridden families are struggling to pay off monster mortgages as cost-cutting bosses slash their work hours and overtime.”
Debt-ridden families are struggling to pay monster, interest only, mortgages as cost-cutting bosses slash their work hours and overtime.
There fix’d fer ya.
How does it feel to pay interest only on a loan?? Kinda like renting. Only yer stuck with the losses!!
Bummer.
http://www.zerohedge.com/news/2017-02-02/unacceptable-congressman-slams-yellen-prioritizing-foreign-banks-over-domestic-inter
“This Is Unacceptable” - Congressman Slams Yellen For Prioritizing Foreign Banks Over “America’s Interests
It’s only unacceptable. That’s good. It must not be illegal, unethical, or bad for the economy.
Housing my friend. Housing!
Takoma Park, MD Housing Prices Crater 25% YoY
http://www.movoto.com/takoma-park-md/market-trends/
GOP talk shifts from replacing ObamaCare to repairing it
By Peter Sullivan - 02/01/17 05:40 PM EST
Key Republican lawmakers are shifting their goal on ObamaCare from repealing and replacing the law to the more modest goal of repairing it.
It’s a striking change in rhetoric that speaks to the complexities Republicans face in getting rid of the Affordable Care Act. Many of the law’s provisions are popular, and some parts of the law that the GOP does want to repeal could have negative repercussions on the parts seen as working.
“I’m trying to be accurate on this that there are some of these provisions in the law that probably will stay, or we may modify them, but we’re going to fix things, we’re going to repair things,” House Energy and Commerce Committee Chairman Greg Walden (R-Ore.), a key player on healthcare, told reporters Tuesday.
“There are things we can build on and repair, there are things we can completely repeal,” he said.
Senate Health Committee Chairman Lamar Alexander (R-Tenn.) is sounding a similar note. He notes that Republicans plan to use special budget rules known as reconciliation to prevent Democrats from filibustering a vote to repeal ObamaCare. The use of those rules won’t allow all of ObamaCare to be repealed.
“I think it is more accurate to say repair ObamaCare because, for example, in the reconciliation procedure that we have in the Senate, we can’t repeal all of ObamaCare,” Alexander said. “ObamaCare wasn’t passed by reconciliation, it can’t be repealed by reconciliation. So we can repair the individual market, which is a good place to start.”
http://thehill.com/policy/healthcare/317441-gop-talk-shifts-from-replacing-obamacare-to-repairing-it
those that obstruct repeal will be primaried.
Do the ones who’ll do the primaring have health insurance?
Next question, are they seriously hoping to keep it?
I say, repeal it all. Medicare, Social Security, lets privatize and voucherize and cancel.
Do the ones who’ll do the primaring have health insurance?
better yet, can they afford to use it?
Next question, are they seriously hoping to keep it?
many of them, probably not.
my question: is it moral to force people to buy things they may not want?
I say, repeal it all.
me too, but it would have to be means tested and done carefully over a period of time. insurance premiums would immediately start to fall it that were implemented.
A friend of mine got a health plan from the ACA the past 2 years. After several massive deductibles for pretty basic care, she has decided she can’t afford it…she didn’t get a policy this year.
She makes too much money for a subsidy…but not enough to buy the insurance.
“She makes too much money for a subsidy…but not enough to buy the insurance.”
And if they repeal it instead of repairing it, she won’t ever be able to.
she has decided she can’t afford it…
your friend’s experience is common.
And if they repeal it instead of repairing it..
you can’t repair it. it’s unworkable.
Do the ones who’ll do the primaring have health insurance?
The type of person who would challenge a sitting member of the House or Senate in a Republican primary is either highly educated professional type or a corporate executive, meaning that he or she receives health insurance (a large amount of tax-free compensation) as an employment benefit. Either that, or he or she will be an heir to a fortune, so that they don’t have to worry about health insurance or anything else that money can buy.
Such a candidate will receive funding from other very prosperous people in the state or district, as well as from national PACs that have the word Liberty of Freedom in their names, which indicates that they exist to benefit the wealthy and business as the expense of ordinary middle- and low-income citizens.
I meant the ones who’d vote them into office.
Yeah, cuz a $8,000 ded with a $1,300/mo premium is so SMART.
After 2 Weeks, Voters Yearn For Obama
Less than 2 weeks into Donald Trump’s tenure as President, 40% of voters already want to impeach him. That’s up from 35% of voters who wanted to impeach him a week ago. Only 48% of voters say that they would be opposed to Trump’s impeachment.
Beyond a significant percentage of voters already thinking that Trump should be removed from office, it hasn’t taken long for voters to miss the good old days of Barack Obama…52% say they’d rather Obama was President, to only 43% who are glad Trump is.
http://www.publicpolicypolling.com/main/2017/02/after-2-weeks-voters-yearn-for-obama.html
it’s a good thing we know the media is trustworthy. we know they’d never lie to us or fudge numbers or anything.
You have to read the right kind of media in order to learn the truth, such as Pravda, RT, Geobbeles News, conspiracy sites.
They will not lie to you. I promise.
“They will not lie to you. I promise”
So NYchk it’s safe to say you are a PBS and CBS kinda girl.
PBS’s Charlie Rose Runs Away From Bilderberg Questions
https://www.youtube.com/watch?v=jP6l39I47QA