skip to Main Content
thehousingbubble@gmail.com

The Dirty Not-So-Little Secret Of The Entire Issue

A weekend topic starting with the New York Post. “New York has 20 of the 100 priciest ZIP codes in the nation, but for the first time the city doesn’t have a single one in the Top 10. The biggest price dip was 38% in the Garment District’s 10018, which dropped from 26th to 84th. Manhattan’s fall is historic, the first time at least one neighborhood hasn’t made the Top 10 since PropertyShark launched its rankings in 2015.”

From NBC News on California. “When Chirag Bhakta saw a headline recently that said tech workers were fleeing San Francisco, he had a quick reaction: ‘Good riddance.’ Bhakta, a San Francisco native and tenant organizer for affordable housing nonprofit Mission Housing, is well-versed in the seismic impact that the growth of the tech industry has had on the city. As software companies expanded over the past decade, they drew thousands of well-off newcomers who bid up rents and remade the city’s economy and culture.”

“He said the sudden departure of many tech workers and executives — often to less expensive, rural areas where they can telecommute during the coronavirus pandemic — reveals that their relationship with San Francisco was ‘transactional’ all along. ‘They used their capital to radically shift the makeup of poor, working-class communities,’ Bhakta said. ‘We’re left with ‘for sale’ signs and price points that are still out of reach for most people.'”

“John Elberling, executive director of Todco, an affordable housing nonprofit that operates in the South of Market neighborhood alongside the shuttered headquarters of countless tech companies and startups, is among those who believe the city was being overrun by people who arrived for one reason. ‘The motivation got to this get-rich-quick attitude,’ he said. ‘And that isn’t what our city is about. You can make a lot of money here, obviously, but that’s not the persona of San Francisco.'”

“San Francisco has a history of boom-and-bust cycles, stretching back to the 1849 gold rush and including multiple tech bubbles. But that’s not why people stay, Elberling said. ‘If all you care about is money, I suggest you go to Texas,’ he said.”

From Stuff New Zealand. “The housing debate raged this week almost as much as the housing market itself. The politicians talked faster than the auctioneers and were just as sweaty. Home-buyer anxiety approached Wellington tender-opening time levels. No-one is publicly happy, although the Reserve Bank said it appreciated the wealth effect on economic growth and homeowners are quietly planning their next trip to Harvey Norman and Bunnings Warehouse.”

“‘This is like the greatest boom I’ve ever seen in my lifetime,’ said Gerry Harvey, the 81-year-old founder of Harvey Norman this week. He predicted another three or four years of rampant sales of couches and flat-screen-TVs, sales of which were up 25 per cent in the September quarter from a year ago.”

“Politicians and financial bureaucrats were less thrilled. The Opposition called on the Government to rein in the rogue Reserve Bank’s cheap lending to banks. The Finance Minister took the unprecedented step of writing to the Reserve Bank Governor asking him nicely not to blow up house prices too much more. The Reserve Bank responded by saying in as many words: ‘Thanks for the advice. We’re already doing that, and how about you use your levers too, including tax.'”

“Every property owner and politician under their breath: ‘Don’t do too much to make housing affordable. It might reduce the value of my house and my life savings, and endanger the banks.’ This is the dirty not-so-little secret of the entire issue, which was perfectly encapsulated by the Prime Minister’s comment in the last debate before the election that she would not want house prices to fall.”

From Newshub New Zealand. “A property investment expert has claimed the housing crisis is a myth, and that we’ve built more than enough homes in the past few decades to keep up with population growth. Ashley Church’s views are at odds with the Government, economists and advocacy groups, which all place the shortage in the tens of thousands.”

“‘If you go back to 1986 and you look at the census, the short answer is we don’t [have a crisis],’ Church, the former head of the Property Institute of New Zealand, said. ‘We’ve actually built far more houses than we would have required just to stand still. This mantra that we’ve been parroting since about 2013 is political, not practical. It’s not real.'”

“Many have pointed the finger at the Reserve Bank, which has kept interest rates at record lows to stimulate the economy – a side-effect being it’s cheaper than it has ever been to borrow and speculate on property. Church said this has been the real reason for prices going up as far back as the mid-1980s – not a lack of supply ‘The cost of money has come down dramatically, that’s fuelled the ability for people to spend more on houses. Essentially, that’s probably the 80 or 90 percent driver of house price increases.'”

“The official cash rate in the 1980s was up around 20 percent. While this made servicing a mortgage arguably more difficult, prices compared to incomes were much lower – making it easier to get a deposit together. In 1991, Statistics NZ data shows there were about 2.64 people per household on average. That has fallen to 2.59 in 2020. Far more people are now renting than in 1991 however, suggesting a higher percentage of homes are owned by investors than in the past – and with more equity, it’s often easier for them to get lending to buy more.”

“Church said it was ‘not necessarily a bad thing’ for house prices to go up. ‘There’s this big focus on what we can do to stop house prices going up, what can we do to slow down house price inflation? It’s the wrong question. There’s nothing wrong with house price inflation. It’s been very good for our country – it’s made people wealthy, it’s enabled us to start businesses using the equity that we’ve built in properties.'”

“Economist Shamubeel Eaqub contributed to a housing report commissioned by the Government in 2018 which laid out the sheer scope of the problem, saying it had contributed to soaring rents and ‘high levels of children’s hospitalisations as a result of poor quality housing.’ Last week on Newshub Nation he said the Reserve Bank was pouring fuel on the housing market fire and ‘ripping apart the social fabric of New Zealand.'”

“While they agree on the primary cause of the recent surge in prices, Eaqub is squarely in the camp of believing there is a crisis. ‘We’ve got this huge ponzi scheme that is being enabled and encouraged by the Reserve Bank. We can’t afford for this to continue.'”

The Herald Sun in Australia. “Christmas could come early for frustrated Victorian vendors who have had their homes on the market for most of the ‘rollercoaster’ year, as confidence returns to Melbourne real estate. A Torquay house that’s been discounted twice, a one-bedroom Strathmore apartment and a lush Bright property have lingered the longest on the market — for about 11 months, since January 2.”

“Homeowners in Clyde, the CBD, Ballan, Wongarra and South Yarra are also desperate for Santa to bring them sales after a tough 2020, having waited for the chance to put up sold stickers since the first month of the year. Phillip Webb chief executive Anthony Webb said the drawn-out sales campaigns could be blamed on the coronavirus ‘rollercoaster,’ which had left some vendors ‘stuck’ with their listings.”

“‘This has been a year where all normal rules were thrown out the window,’ Mr Webb said. ‘The number of days a property has been on the market is often more reflective of the situation we’ve been in rather than the quality of the listing. We saw some buyers who had difficulty getting finance, so they also just stopped looking at properties.'”

“Realestate.com.au chief economist Nerida Conisbee said the inner-city apartment market had been massively hit by the ban on private inspections and international border closures. ‘These markets have been challenged because of very little rental demand,’ Ms Conisbee said. ‘Most units in Australia are bought by investors, so that’s also why these markets have been very weak, with investors fleeing during COVID-19.'”

“Pakenham Upper vendor Carol Sheen has been trying to sell her outer lifestyle retreat at 5 Bayard Drive since the start of 2020. After a turbulent year, she wants to ‘put pen to paper before Christmas’ and move into her newly-built Warragul house without being saddled with too much debt next year. The four-bedroom acerage with sweeping views is on the market for $1.15m.”

This Post Has 130 Comments
  1. https://www.americanthinker.com/blog/2020/11/the_smartest_man_in_the_room_has_joined_sidney_powells_team.html

    https://votepatternanalysis.substack.com/p/voting-anomalies-2020

    https://www.revolver.news/2020/11/definitive-case-proves-donald-trump-won-election/

    From the Voting Patterns site:

    ‘The oddness of the update described above pales in comparison to that of the update in the top right corner, however. That update, at (135,290, 3.164), represents the vote update described at the top of this report, and is responsible for the extremely noticeable spike which nearly eliminated Trump’s lead in one shot. It arrived at 6:31am ET on November 4th, and went 141,258 for Biden to 5,968 for Trump — representing both the largest vote margin for Biden of any of the 502 updates we have here, at 135,290, while also representing, by a factor of more than 2, the largest Biden:Trump ratio, at a whopping 23.67:1 (the log of which is 3.16). As we will see when comparing with other states, by our metric this is the single most anomalous point in the nation.’

    ‘This update is also particularly interesting for another reason: there are 2,546 non-two-party votes, while Donald Trump only has 5,968. As we see, when we weight by the number of votes in any given update, this update is particularly anomalous. The next closest vote-weighted Other:Trump ratio is less than two-thirds of this one, and the median — 137.56 — is smaller by a factor of about 464.5. For such a large batch of votes to be counted while also showing such an exceptionally poor performance of Trump relative to the non-two-party vote is clearly very surprising.’

    ‘In particular, it calls into serious question the veracity of this vote update, and is perhaps some of the strongest direct evidence of fraud in this entire report. Someone looking to fraudulently improve Joe Biden’s margins relative to Donald Trump is likely to be focused on covering their tracks by keeping Joe Biden’s share of the update at a reasonable value. 95% might seem plausible, but 99.9% at this scale becomes prima facie implausible to any honest observer. One effective way of achieving the desired goal of decreasing Donald Trump’s lead at this point would have been to suppress the Trump vote while artificially inflating the non-two-party vote in an attempt to disguise just how Biden-favoring this update actually was. Indeed, this is precisely the reason this report uses ratios — because they are a metric virtually never used for any practical purpose in discussing election results, someone committing fraud is far less likely to consider how unusual a ratio might look. In particular, because the non-two-party candidates received far less media attention than in the 2016 Presidential election, and the Green Party candidate was even successfully sued off of the ballot in one or more states, it is hard to believe that this vote update only favored Trump over the non-two-party vote by less than a factor of 2.5, when the statewide ratio was over 31[8].’

    ‘Absent a compelling explanation of why this particular update — at such a crucial time, in a crucial state, which improved Biden’s standing in the state so dramatically — also had non-two-party votes performing so unusually relative to Trump votes, it seems unlikely that this vote update reflects an honest accounting of the legitimate votes.’

    ‘Subsequent sections of this report quantify how extreme it is in other respects and consider the implications if it had been slightly less extreme.’

    ‘Here is the analogous graph for Wisconsin…there is one point which especially stands out, i.e. the one in the top right, at (118,215, 1.74). This was the vote update which arrived at 3:42am CST on November 4th, and went 143,379 for Biden to 25,163 for Trump[9], giving a margin of 118,215 and a Biden:Trump ratio of about 5.7:1 — about 3 times larger than the update with the next largest margin (which was 39,499). At the same time, only one update — one with a mere 6,435 votes (i.e. about a factor of 18 fewer than the update in question) which went 3,037 for Biden to 495 for Trump — has a larger ratio, at around 6.14:1.’

    ‘Directing our attention to the points on the far right end of the distribution, i.e. those which have the most extreme Biden-Trump margin with respect to their state, we immediately see one point from Michigan, which is quite far above where the shape of the plot would otherwise predict it being. This, the point at (15.494, 4.989), is the vote update which arrived at 6:31am EST on November 4th, went 141,257 to Biden and 5,968 to Trump. Recall: this update had both the largest margin (135,290) of any of the 574 updates[12] in Michigan, by about 85,000 votes and a factor of about 2.7 over that of the update with the next-largest update, (5.679, 3.912) — which, critically (and surprisingly, vis a vis what this distribution shows), was both the second largest in terms of Biden-Trump margin and Biden:Trump ratio[13]. It also had the largest Biden:Trump ratio (roughly 23.69:1), by more than a factor of 2 over that of the update with the next-largest Biden:Trump ratio. The visual discrepancy between that update and the overwhelming pattern followed by the other updates is glaring, and we will shortly quantify just how extreme it is.’

    ‘This analysis does not require that we regard the final vote totals in any of these states (or counties thereof) as suspicious, nor, critically, does it require that we accept that the observed data should follow any particular distribution a priori. We merely show that the data, adjusted appropriately to remove differences in size and political leaning between states, does follow a certain pattern, and that four key vote updates deviate profoundly from that pattern.’

    ‘It is our belief that the extraordinarily anomalous nature of the studied vote updates here, combined with the staggering political implications, demands immediate and thorough investigation.’

    There’s a lot more, read it for yourself.

    1. The Mechanics Behind the Electronic Vote Steal Operation

      https://www.bitchute.com/video/OJrljwQFcIvc/

      https://twitter.com/tom2badcat/status/1325126091460268032

      https://archive.vn/KPwUa

      Michigan @ 45:20. And on. 5 out of 5 states.

      Another poster added:

      ‘At 31:30 in the video, he explains how Trump was comfortably ahead in all the 5 key battleground states, and suddenly all 5, AT THE SAME TIME, quit counting and went offline for 3 hours.’

      ‘Then when they came back, suddenly there were massive numbers of found votes and were all for one candidate and one candidate only (Biden). Statistically impossible.’

      Lots of info and links here:

      https://votepatternanalysis.substack.com/p/voting-anomalies-2020

      https://www.revolver.news/2020/11/definitive-case-proves-donald-trump-won-election/

      https://everylegalvote.com/country

      https://hereistheevidence.com/

      https://censoredbyjack.com/channel/evidence-of-widespread-election-fraud

      https://www.deepcapture.com/2020/11/election-2020-was-rigged-the-evidence/

      From the last link:

      Example

      Example

      Example

      Example

      1. ”We began to look and realized how easy it is to change votes.”

        ‘Election security expert @RussRamsland
        has performed many investigations on US election machines.’

        ‘The most *shocking* thing about this interview is it took place just days BEFORE the election. Watch’

        https://twitter.com/kylenabecker/status/1327511568993701888

        I believe this is the gentleman in the top video.

        ‘The claims of unexplained anomalies by Wayne County, Michigan, election board canvassers are validated by one renowned election fraud experts who states, definitively, that Michigan’s election results – across the state and not just in Wayne County – are a “physical impossibility.”

        ‘The examination of the Michigan voter data was performed by Russell Ramsland, the co-owner of Allied Security Operations Group (ASOG). His company specializes in detecting election fraud, cybersecurity, open source intelligence and global security services. Ramsland served in the Reagan administration and has worked for both NASA and MIT.’

        ‘In the affidavit concerning the election in Michigan, Ramsland determined – without question – that vote fraud and ballot tampering took place in the 2020 General Election in Michigan determining the results as they are currently known to be a “physical impossibility.”

        ‘In addressing the Dominion Voting System, Ramsland was critical of its security over-all citing “vulnerabilities to hacking and tampering, both at the front end where Americans cast their votes, and at the back end where the votes are stored, tabulated, and reported.”

        ‘Ramsland noted that the vulnerabilities described are well-known by experts in the voting securing field and that these vulnerabilities have been extensively written about. “My colleagues and I… have studied… the November 3, 2020, election results. Based on the significant anomalies and red flags that we have observed, we believe there is a significant probability that election results have been manipulated…” Ramsland wrote.’

        ‘His colleague, Dr. Andrew Appel, a professor of computer science at Princeton University and an election security expert, said, “I figured out how to make a slightly different computer program that just before the polls were closed it switches some votes around from one candidate to another. I wrote that computer program into a memory chip and now to hack a voting machine you need just 7 minutes alone with it and a screw driver.”

        https://nationalfile.com/election-fraud-expert-michigans-election-results-are-physical-impossibility/

        1. “Dominion-izing the Vote”

          https://www.bitchute.com/video/qlEUbPLvW98w/

          So when senator running dear and 4 other senators/lawmakers said Dominion was a election fraud disaster, was that bizarre?

          “Dominion-izing the Vote”

          This video is about 30 minutes and has two long commercials (kinda) that you can skip. But it starts to drill down into substance. They have a computer guy who knows his stuff: says the ability to manipulate votes was a “feature, not a bug.” They also explore the Dominion “security” expert who was a rabid antifa nut, boasted of “making sure” the President wasn’t going to be re-elected, and had several unhinge TDS social media posts that were saved.

          Eric Coomer Explains How To Alter Votes In The Dominion Voting System

          https://www.youtube.com/watch?v=UtB3tLaXLJE

          Eric Coomer, Dominion’s head of product and strategy, has disappeared.

          ‘Representatives from Dominion also did not attend a court hearing in Pennsylvania on November 19. Its US headquarters in Denver was also suddenly closed and moved away. Their employees deleted their names from LinkedIn.’

          https://www.youtube.com/watch?v=0oYQeeNCzZM

          1. ‘A Republican poll observer from Pennsylvania’s Delaware County, told a Senate GOP Policy Committee hearing in Gettysburg on Wednesday, that he witnessed a range of Election Day irregularities, including 47 USB cards that went missing.’

            ‘Greg Stenstrom, who, besides being a poll watcher, said he is an expert in security fraud, told the hearing that he witnessed a number of chain-of-custody violations, including around mail-in ballots, the balance of votes from drop boxes, and the handling of USB card flash drives—all of which he said broke rules defined by the Delaware County Board of Elections and the election process review.’

            “They didn’t follow one,” Stenstrom said. “It shocked me that this could happen,” he added.’

            ‘He described witnessing a situation in which data on USB cards was uploaded to voting machines by a warehouse superviser without being observed by a poll watcher, which he said he saw happening at least 24 times.’

            “He’s walking in with baggies, which we have pictures of and that were submitted in our affidavits,” Stenstrom said, adding that Democrat poll watchers also witnessed this occurrence.’

            ‘Stenstrom said he was told by an attorney that it’s normal for several USB cards to be left in machines and then brought back by the warehouse manager for input into tally systems. He added that when he later raised the issue with U.S. Attorney General William McSwain and some law enforcement officers, he was told it is unusual for more than two drives to be left in voting machines.

            He said he was later told that “these 24 to 30 cards that were uploaded” were unaccounted for, adding that “as of today, 47 USB v-cards are missing.”

            “People ask me all the time, how do people commit crimes? I know there’s a lot of theories here. And I always look for the simplest thing. People that stuff…stick USB sticks in, putting ballots in—a very simple thing. Only takes a couple of people, doesn’t take a big conspiracy,” he said.

            “As a forensic computer scientist, my interest is in the data—where did it go? Where did the spoilage go? How did the data come in and go out of the system?” he said, and called for an audit.’

            ‘Stenstrom also said that it recently emerged that “virtually all chain of custody logs, records, yellow sheets, everything was gone” in Delaware County.’

            “They had a signing party where they sat down, and coworkers were invited back to recreate those logs,” he said. “And our understanding as of today was that they were unsuccessful in getting them all.”

            ‘He said the situation is that there are up to 120,000 ballots that remain “in question.”

            “There’s no cure for this, no remedy for this,” he said, adding, “I don’t believe, as a citizen and an observer to this, that anybody could certify that vote in good conscience.”

            ‘At the same hearing, President Donald Trump’s attorney Rudy Giuliani said that the type of election irregularities witnesses described in Pennsylvania also occurred in other battleground states.’

            “What we’re going to describe to you, with these witnesses, happened in roughly the same way in Michigan, Wisconsin, Nevada, and Georgia—the primary device was mail-in ballots,” Giuliani said, characterizing the election in Pennsylvania as a “sham.”

            “We don’t want to disenfranchise anyone. We want to disqualify 672,000 votes so 72 million people are not disenfranchised, because that’s what happened by the cheating that went on here,” Giuliani said.’

            https://www.theepochtimes.com/poll-watcher-describes-pennsylvania-election-irregularities-including-47-missing-usb-cards_3594549.html

            Here’s the testimony on video:

            “Baggies of USBs” – PA Witness Gives Explosive Testimony

            https://www.bitchute.com/video/AdaglXlcuqYt/

            Dem Ballot Inspector Says She Was Threatened with Violence for Speaking Up About Suspicious Activity

            “The majority inspector threatened to slap me in the face,” said Olivia Jane Winters, a registered Democrat and minority ballot inspector in Pennsylvania, testifying to Pennsylvania State Republicans Wednesday that she had been threatened and harassed by other election officials after she asked about suspicious activities during the 2020 election.’

            https://www.bitchute.com/video/_KrpyDlHTe8/

            Crowd Gasps after Finding out about Absurd Spike of Votes in Favor of Biden

            https://www.bitchute.com/video/jmNUAx8wQYdO/

            There was some laughing too. Sure, a spike with 570,000 D’pedo votes and 3,200 for the President, within 90 minutes.

            Sen. Doug Mastriano closing remarks PA state legislature meeting.

            https://www.youtube.com/watch?v=PIqujobvDFI

          2. Trump: Leaders Called on Election Night to Congratulate, Then Votes Came in ‘Dumps’

            https://www.theepochtimes.com/trump-leaders-called-him-on-election-night-to-congratulate-then-votes-came-in-dumps_3597340.html

            The video:

            PRESIDENT TRUMP – On Fox News Sunday Morning Futures with Maria Bartiromo

            https://www.bitchute.com/video/CghoC5gx6eik/

            A comment:

            ‘They discovered people who had been dead for years voted. When they looked into it, some of them would be over 100 years old if they were still alive and voted. Not possible.’

            Confederate soldiers for D’pedo!

          1. I wonder if republicans could request UN observers for the Georgia Senate races. However, so many conservatives are boycotting that special election that Dems could easily win legitimately anyway.

  2. ‘she wants to ‘put pen to paper before Christmas’ and move into her newly-built Warragul house without being saddled with too much debt next year. The four-bedroom acerage with sweeping views is on the market for $1.15m’

    These housing bubble are a road to nowhere, like anything that relies on a greater fool.

    ‘No-one is publicly happy, although the Reserve Bank said it appreciated the wealth effect on economic growth and homeowners are quietly planning their next trip to Harvey Norman and Bunnings Warehouse’

    ‘This is like the greatest boom I’ve ever seen in my lifetime,’ said Gerry Harvey, the 81-year-old founder of Harvey Norman this week. He predicted another three or four years of rampant sales of couches and flat-screen-TVs, sales of which were up 25 per cent in the September quarter from a year ago’

    This is the big lie of globalism which central banks are at the heart of. Sure, yer shack can go up to a million NZ pesos, you borrow against that and buy couches and pillows! It’s a ponzi economy that is unsustainable.

    Central banks may do more harm than good, says head of India’s central bank

    June 18, 2016

    “A bridge that relies on wealth effects, you better hope that you got enough growth to justify the asset price increase which created the wealth effect in the first place.” — Raghuram Rajan

    https://www.marketwatch.com/story/in-interview-indias-rajan-says-monetary-policy-has-run-its-course-2016-04-15?siteid=yhoof2&yptr=yahoo

    1. Not the sharpest tool in the shed.

      “So that the question that is still outstanding is why is the U.S. not growing faster, why is productivity growth so slow? And I don’t think we understand the answer to that.”

    2. These housing bubble are a road to nowhere, like anything that relies on a greater fool.

      Sounds like crypto. Just buying high then selling higher to the next sucker.

    3. “A bridge that relies on wealth effects, you better hope that you got enough growth to justify the asset price increase which created the wealth effect in the first place.” — Raghuram Rajan

      I remember when you posted this quote 4 years ago. It is hard to believe the central banks have pushed things out this far.

      1. A better analogy might be a column and its buckling factor. As a column’s compressive load increases it requires added lateral bracing to remain stable, e.g., the increasing debt is the compressive load and the lateral bracing the lending ratio.

  3. ‘alongside the shuttered headquarters of countless tech companies and startups, is among those who believe the city was being overrun by people who arrived for one reason. ‘The motivation got to this get-rich-quick attitude,’ he said. ‘And that isn’t what our city is about. You can make a lot of money here’

    You live in the poorest state in the country John. Everybody leaves, yer left with the commies.

    ‘If all you care about is money, I suggest you go to Texas’

    Yeah, all those Texans are yer problem. I’ve said for years, with the jacked up rents, wallowing in gouging at every opportunity: it comes down to Californians being greedy bashtards. “Oh, we so rich! It’s always been expensive in rancho obnoxio!” Enjoy the bust.

    1. ‘their relationship with San Francisco was ‘transactional’ all along. ‘They used their capital to radically shift the makeup of poor, working-class communities…We’re left with ‘for sale’ signs and price points that are still out of reach for most people’

      For sale signs? Wa happened to my shortage bay aryans? Did it just get built? No. Good gravy, it must have been there all along and the UHS were a lion! Sacré bleu!

      1. >>”…their relationship with San Francisco was ‘transactional’ all along.”

        “Self-interest generally refers to a focus on the needs or desires of one’s self. Most times, actions that display self-interest are often performed without conscious knowing. A number of philosophical, psychological, and economic theories examine the role of self-interest in motivating human action.” —wiki

      2. ‘their relationship with San Francisco was ‘transactional’ all along.

        Duh. I’ve found that when someone complains you don’t love them enough they probably never loved you that much either. It was always transactional…on both sides. The only thing most people can agree about regarding California is that it must have been a really beautiful place before all the people showed up.

    2. A friend of mine told me that Biden/Harris want to import a million H1-Bs from India. How’s that going to square with work from home? Even with H1-B, it’s expensive to import a worker, not to mention paying $$$ so they can live in Silly Valley flophouses and busing them to work. Wouldn’t companies simply outsource the jobs entirely?

      1. Million of new H1-B’s &
        Path to GC/Citizenship for 30 million illegals

        I wonder who voted for that….Seriously?

      2. “…How’s that going to square with work from home?…”

        It makes no economic sense.

        My company (software) started that trend long before Corona virus.

        Why? Because it saves money.

        Fun factoid. Engineering wages are rising faster in many countries such as India, Singapore and even Eurozone than in the USA.

        Sooner or later, the economic advantage of overseas outsourcing is going to become a wash or even a disadvantage. Its even happening how in certain specialized [engineering] areas.

      3. million H1-Bs from India”

        What ?? And Why ?? they are supposed to be highly skilled that can’t be found in America instead it’s just tech slavery. Maybe they are all medical Doctors ?? I know a few foreign trained doctors that work in very poor areas for MediCal , Oxnard CA.
        One from Persia one from Bolivia. And they are both very rich not from salaries but money from back home they had to get out before it was taken away, maybe it will get taken away here in America now just like back home all socialist .

  4. ‘New York has 20 of the 100 priciest ZIP codes in the nation, but for the first time the city doesn’t have a single one in the Top 10. The biggest price dip was 38% in the Garment District’s 10018, which dropped from 26th to 84th. Manhattan’s fall is historic’

    So is that a reverse wealth effect? Just wondering cuz it kinda comes at a bad time.

    1. New Yawkers vote for socialists and want to make things more fair…

      Then they don’t want to pay more taxes with SALT deduction limitations and expect a Kansas waitress to make up the difference.

      And then don’t rejoice when their city is getting more affordable for all those underlings and illegals who can now move in next to them!

      It almost seems like they don’t believe their own crap.

      1. Same in Boulder. They virtue signal, but are also perfectly fine with the fact that the cleaning lady, the landscaper, etc. all have to commute from El Longmonto because they can’t afford to live in Boulder.

        1. Boulder loves brown people as long as they’re silent and mostly invisible. Bonus points for having Tibetan prayer flags on the front porch and a 20 year old Volvo in the driveway.

          1. Don’t forget the de rigueur “What We Believe” sign on the front lawn that includes the sanctimonious “No human is illegal,” notwithstanding their Hispanic landscaper’s dubious immigration status.

          2. Lol, sounds like Portland. I guess that’s how the modern day brown shirts, Antifa, got their ideology – from their hypocrite parents.

          3. Boo, is that the black sign with different a column of virtuous sayings in different colors, saying “Love is love, we believe in science, no human is illegal, black lives matter…” Those have been all over my nabe for years.

        2. They virtue signal, but are also perfectly fine with the fact that the cleaning lady, the landscaper, etc. all have to commute from El Longmonto

          The truth is they like it that way. I’ve told the story here before about how surprised I was to see the white flight from my son’s elementary school in Boulder about 15 years ago. They love the Hispanic culture in the service industry but they are horrified that their kids might “catch” any of it and end up in the service industry themselves.

          1. Boulder is a Klan rally wrapped in a COEXIST flag.

            So is Fort Collins. You will be hard pressed to find a whiter town, and it’s home to CSU.

  5. Yes – A long time SF native whose family, I am sure, helped build SF…

    Oh wait – she is just a recent grifter.

    ““When Chirag Bhakta saw a headline recently that said tech workers were fleeing San Francisco, he had a quick reaction: ‘Good riddance.’ Bhakta, a San Francisco native and tenant organizer for affordable housing nonprofit Mission Housing,”

  6. The biggest price dip was 38% in the Garment District’s 10018, which dropped from 26th to 84th.

    Is that a lot?

  7. ‘The motivation got to this get-rich-quick attitude,’ he said. ‘And that isn’t what our city is about.

    Your city is about vagrancy, addiction, and dependency.

  8. Conan – what is best in life?

    “To see your enemies driven before you and new Italian couches and big flat screens…”

    ““This is like the greatest boom I’ve ever seen in my lifetime,’ said Gerry Harvey, the 81-year-old founder of Harvey Norman this week. He predicted another three or four years of rampant sales of couches and flat-screen-TVs, sales of which were up 25 per cent in the September quarter from a year ago.”

  9. Those in the front or close to the front of the line get ungodly wealthy for doing nothing.

    Those in the back get $700,000 crack shacks and $70,000 per year communication degree tuitions…

    “Every property owner and politician under their breath: ‘Don’t do too much to make housing affordable. It might reduce the value of my house and my life savings, and endanger the banks.’ This is the dirty not-so-little secret of the entire issue, which was perfectly encapsulated by the Prime Minister’s comment in the last debate before the election that she would not want house prices to fall.”

    1. “Every property owner and politician under their breath: ‘Don’t do too much to make housing affordable. It might reduce the value of my house and my life savings, and endanger the banks.’ This is the dirty not-so-little secret of the entire issue, which was perfectly encapsulated by the Prime Minister’s comment in the last debate before the election that she would not want house prices to fall.”

      It’s just more of the same – policies which promote asset bubbles and favor asset owners at the expense of the masses. Until you can root this out, nothing will change.

      1. Their idea of affordable housing is to keep the price high but to make it affordable by subsidizing poor renters with printed money. Everyone wins!

      2. “It might reduce the value of my house and my life savings…”

        If all houses lost resale value, no problem. You can still sell yours and buy a similar one somewhere else. Ditto for your life saving’s purchasing power.

        “…and endanger the banks.”

        Lacking real down payments it doesn’t take much to destroy a bank’s mortgage portfolio’s value. Hence, the lobbying effort for federal guarantees.

  10. We’ve got this huge ponzi scheme that is being enabled and encouraged by the Reserve Bank. We can’t afford for this to continue.’”

    I’m astonished that globalist media outlets would allow such truths to ever see the light of day.

    1. Kinda like:

      “We’re in a situation where we have put together, and you guys did it for our administration…President Obama’s administration before this. We have put together, I think, the most extensive and inclusive voter fraud organization in the history of American politics,”
      –Joe Biden

  11. “I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.”
    — Woodrow Wilson after signing the 1913 Federal Reserve Act

    1. So why did he sign it? I have Creature From Jekyll Island sitting right here but I haven’t opened it yet. Not sure if it will answer that question.

  12. “… our whole monetary system is dishonest, as it is debt-based… We did not vote for it. It grew upon us gradually but markedly since 1971 when the commodity-based system was abandoned.” The Earl of Caithness, in a speech to the House of Lords, 1997.

  13. Pravda at its worst was never as intellectually dishonest as globalist propaganda purveyors like the New York Times. Here the NYT “explains” how Democrats and their far-left agenda were repudiated in just about every decent area of America, even as Biden supposedly benefited from suburban disgust with DJT. Yeah, that and massive electoral fraud orchestrated from the highest levels of the Democratic Party.

    How Democrats Suffered Crushing Down-Ballot Losses Across America

    https://www.nytimes.com/2020/11/28/us/politics/democrats-republicans-state-legislatures.html

    1. How Democrats Suffered Crushing Down-Ballot Losses Across America

      Yet we’re supposed to believe that Biden won running away, after he was behind massively with a widening deficit on election day. What a sham.

      1. 80 million votes, when only a handful of Democrat Party apparatchiks and future cat ladies turned up at his appearances, and his few attempts at organizing caravans in response to Trump’s turned out to be laughable.

  14. I don’t know how long this will be on YouTube

    Dr. Quigley
    5.1K subscribers

    To be clear, I DID NOT interview @GenFlynn myself. I merely snagged the audio from this WVW interview in an attempt to provide an alternative in case of censorship.

    I’ll gladly take down the video if asked.

    #HOLDTHELINE

    SITREP FROM LTG FLYNN

    20,263 views•
    Nov 28, 2020

    https://youtu.be/luUZl3l2Q_8

    1. ‘I’ll gladly take down the video if asked.’

      That’s funny, like they ask. Also says it’s here:

      https://www.worldviewweekend.com/tv/video/wvw-tv-exclusive-lt-general-michael-flynns-first-interview-president-trumps-pardon

      A comment at utub:

      ‘President of United States of America is being censored by US companies funded by China. Think about that. Twitter allows terrorists Iran to tweet death threats while blackout communication from the President.’

      1. Globalists gonna globe.

        Twitter blue checkmarks hate anything regarding the national sovereignty of the United States. They hate this country, they hate its history, and they hate themselves for being white.

      2. President of United States of America is being censored by US companies funded by China.

        These US companies sold American citizens down the river with the help of politicians. Crony capitalism is not free market capitalism.

    2. ‘I’ll gladly take down the video if asked.’

      That’s adorable, Deplorable. Like “they” would ever make a polite request before censoring and banning you.

      1. ‘Stockholm syndrome is a psychological response. It occurs when hostages or abuse victims bond with their captors or abusers.’

        1. For reasons that defy explanation, Stockholm syndrome is also commonplace between realtors and their marks, er, clients. “Suzanne researched this” is a manifestation of this deluded belief system that Suzanne somehow has her clients’ best interests at heart, when she would happily throw them under the bus if it means making the payments on her Lexus SUV.

  15. “Every property owner and politician under their breath: ‘Don’t do too much to make housing affordable. It might reduce the value of my house and my life savings, and endanger the banks.’ This is the dirty not-so-little secret of the entire issue, which was perfectly encapsulated by the Prime Minister’s comment in the last debate before the election that she would not want house prices to fall.”

    But that’s unpossible! Every knows that the Prime Minister, who is a socialist and a woman as well, is a champion of fairness and equality and would never saddle the working class with unaffordable housing!

    Funny, how socialists paradises have the most unaffordable housing and have huge waiting lists for government housing, often years long. And how sometimes said housing is a death trap (Grenfell Tower)

  16. #Resist:

    “A Staten Island pub located in a coronavirus hot spot is stealing a page from Seattle’s anarchist cookbook, declaring itself an “autonomous zone,” free from the public-safety restrictions its owners say they will refuse to abide by.

    “At this point, we’re OK with it, because we’re not paying it,” co-owner Danny Presti said. “[The Sheriff’s Department] is issuing us $1,000 fines, so they keep coming back. We’re still here. We’re not letting them in.”

    Co-owner Keith McAlarney backed up his partner’s declaration of COVID independence.

    “We’re not backing down. You think you scared me by . . . saying I don’t have a license now to serve liquor now? Well guess what? That liquor license is on the wall. If that liquor license is gonna come off the wall, it’s gonna be done by Cuomo. You wanna come down here and pull that license off the wall?” McAlarney says in a YouTube video posted Friday, the same day the bar’s liquor license was yanked.

    “De Bozo,” he continued, presumably referring to Mayor de Blasio, “you want to come down here and pull the license off the wall?” “Feel free to end up comin’ down, and we’ll end up having a conversation before you even think about stepping foot on my property. I will not back down.”

    https://nypost.com/2020/11/28/nyc-bar-in-covid-hotspot-refuses-to-close-after-liquor-license-yanked/

    1. It’s racist in using democrat rules and exceptions for BLM against democrat marxist edicts.

      The brush and deadwood is bone dry…all it needs is a spark.

      1. Sounds like things are uncomfortably close to people starting to wonder why they need a license in the first place…

        1. The original understanding was that licenses helped keep things orderly. But now that protected groups can flaunt the law and do whatever they want, creating mayhem and lawlessness with impunity, with no legal repercussions, then why bother with licenses?

  17. I just updated the posts above with this:

    Eric Coomer Explains How To Alter Votes In The Dominion Voting System

    https://www.youtube.com/watch?v=UtB3tLaXLJE

    Eric Coomer, Dominion’s head of product and strategy, has disappeared.

    ‘Representatives from Dominion also did not attend a court hearing in Pennsylvania on November 19. Its US headquarters in Denver was also suddenly closed and moved away. Their employees deleted their names from LinkedIn.’

    https://www.youtube.com/watch?v=0oYQeeNCzZM

    1. Its US headquarters in Denver was also suddenly closed and moved away. Their employees deleted their names from LinkedIn.’

      Sounds like just the kind of fly-by-night outfit we should entrust with ensuring the integrity of our electoral process.

        1. And a lot of them are middle and upper-middle class – who live in areas like Lowry, Highlands Ranch, Cherry Creek. They donate to left wingers and spot nonsense.

          1. Not splitting hairs but just to clarify, Highlands Ranch is in Douglas County and is divided from Denver by Arapahoe County.

            Lowry, Cherry Creek, *The* Highlands are in Denver proper.

    2. Since I don’t watch the NFL anymore, I think I will let the “Dominion VP is Missing” video sink in for a half hour and then watch it again.

      1. “I don’t watch the NFL anymore”

        Nobody wants to watch some three hour woke fest to which the actual game is merely incidental.

        1. The Broncos are mega screwed today, as all of their quarterbacks either have Covid or are quarantined and can’t play. For some reason the NFL won’t reschedule the game.

          Oh the humanity! I might just watch some of it to laugh my head off.

    3. Eric Coomer, Dominion’s head of product and strategy, has disappeared.

      I’m kind of worried about him. Knowing too much can make guys like this a serious liability to the upper echelons of the Democratic Party. Just ask Jeffrey Epstein and Seth Rich.

  18. Oh, heavens no – not a surge within a surge! That sounds scarier than a Shark-nado! My girlish shrieks have triggered noise complaints on both coasts, while my flapping arms are causing turbulence in the air travel corridors above my backyard.

    Dr. Anthony Fauci warns of COVID ‘surge within surge’ after Thanksgiving holiday travel; says ‘it’s not too late for all of us to do something’

    https://www.masslive.com/coronavirus/2020/11/dr-anthony-fauci-warns-of-covid-surge-within-surge-after-thanksgiving-holiday-travel-says-its-not-too-late-for-all-of-us-to-do-something.html?utm_medium=social&utm_source=facebook.com&utm_campaign=masslivedotco

    Fauci, the nation’s top infectious disease expert, warned that as the nation heads into December, officials expect “we might see a surge superimposed on the surge we are already in.”

      1. Johns Hopkins student newspaper deletes, then retracts, article on faculty member’s presentation about COVID-19 deaths

        A student newspaper at Johns Hopkins has retracted an article claiming that COVID-19 has had “relatively no effect on deaths in the United States.”

        The article, “A closer look at U.S. deaths due to COVID-19” (link from the Wayback Machine) was published on November 22 and relied on a presentation by Genevieve Briand, assistant program director of the Applied Economics master’s degree program at Hopkins.

        From the article:

        These data analyses suggest that in contrast to most people’s assumptions, the number of deaths by COVID-19 is not alarming. In fact, it has relatively no effect on deaths in the United States.

        Not surprisingly, the article was promoted on social media by COVID-19 skeptics. And yesterday, The News-Letter made the article disappear, tweeting:

        JHU News-Letter
        @JHUNewsLetter
        The article “A closer look at U.S. deaths due to COVID-19,” published in the Science & Technology section on Nov. 22, has been deleted.
        6:13 PM · Nov 26, 2020

        https://retractionwatch.com/2020/11/27/johns-hopkins-student-newspaper-deletes-then-retracts-article-on-faculty-members-presentation-about-covid-19-deaths/

    1. Imagine that, they ran out of other people’s money to spend. I’m certain no one could have seen that coming.

    2. >>”New Mexico promised its students free college.”

      “In New Mexico, the median household income is around $12,000 less than the national average, and the poverty rate hovers near 18 percent.”

      They also have a very high number of births out of wedlock.

    3. Oil is (slowly) coming back. But yeah, the main areas like Permian cut 50% of the rigs from April to August. Look for craters in midland and Odessa soon if not already.

  19. ‘The FBI has reached out to an election integrity researcher for evidence of crimes in the 2020 election, said the researcher, who is also a former Trump campaign official. The evidence was collected by the Voter Integrity Project (VIP) led by Matt Braynard, former data and strategy director for President Donald Trump’s 2016 election campaign.’

    “The @FBI has proactively and directly requested from me the VIP findings that indicates illegal ballots,” Braynard said in a Nov. 29 tweet. “By Tuesday, we will have delivered to the agency all of our data, including names, addresses, phone numbers, etc.”

    ‘His account was backed by the Amistad Project of the Thomas More Society, a conservative non-profit which says it retained Braynard to conduct the work.’

    “We’ve learned that Mr. Braynard was contacted by FBI Special Agent Young Oh of the FBI Los Angeles Field Office seeking our data. Mr. Braynard is fully cooperating with this request and we fully support him,” said a statement posted by the project’s director, former Kansas Attorney General Phillip Kline, on Twitter on Nov. 29. “This data has been used to identify hundreds of thousands of potentially fraudulent ballots in the states where we filed litigation.”

    ‘The evidence indicates that thousands of voters were disenfranchised as the absentee ballots they said they returned weren’t counted. The VIP project also found that thousands of people voted in states where they likely no longer resided, because they already requested an address change or even registered in another state.’

    ‘Thousands more were registered at postal locations or commercial establishments while listing information that seemed to serve to disguise the addresses as residential ones, such as by listing “APT,” “UNIT,” or “STE.”

    ‘Moreover, a large number of voters were marked in state data as requesting absentee ballots, though they said they didn’t.’

    “The number of questionable ballots surpasses the vote margin in at least three states right now, Arizona, Georgia, and Wisconsin,” Braynard told The Epoch Times’s Joshua Philipp in a recent interview.’

    https://www.theepochtimes.com/fbi-requests-fraud-disenfranchisement-evidence-researcher-says_3597396.html

    1. Ben, have you ever been “threatened” for posting about the 2020 election?

      Anonymous emails, telling you you’re gonna get kicked off your hosting provider, that sort of thing.

        1. True story

          The Sunday after Thanksgiving I ran to Publix to get some half and half for the the next morning. While was there I picked up a microwavable container of Panera Bread Broccoli Cheddar soup.

          After I got home I nuked the soup for 4 minutes, sat down at my computer and went to the HBB. I scrolled down and saw that Ben Jones had posted a link about “Chuck Schumer telling a touching story from when he was born” I clicked on it, watched the first fifty seconds or so about how on the day he was born Chuck’s Dad drove his Mom to a French hospital in a Packard.

          At that point I looked down and started to eat my soup all the while listening to Chuck’s story. I looked up again at 1:48 of the video.

          To make a short story even longer I think I got all the Panera Bread Broccoli Cheddar soup off my keyboard.

    1. “As on Northern Virginia broker explained, “Buyers overpay because they’re lazy, helpless and uninformed.”

      Same broker also said his career in his crooked ethics landed him a side hustle counting and changing votes as a ballet counter. He stated “its easy peasy when you live your life lying, cheating, and stealing! Look at my listings, every one has the same amount of saves (from the 100’s of fake accounts i made!). Like the msm, you have to create that false sense of optimism for the sheeple to follow.

    1. And the baby daddies??? and his parents aka grandparents they are broke losers too?

      “I’m a single mother with three children trying my hardest. It’s not like I don’t want to pay this man.”

    2. “A nationwide eviction ban was supposed to protect tenants like Tawanda Mormon, who was forced out of her two-bedroom apartment last month in Cleveland. The 46-year-old, who was hospitalized in August for the coronavirus and can’t work due to mental health issues, said she fell behind on her $500-a-month rent because she needed the money to pay for food.”

      So, covid-19 hospital bills, but no health insurance? “The devil’s due a soul, I’d say.” —Holmes

      1. Haven’t partaken in the mary jane for 15 years or so. I was always a lightweight in the first place, then the stuff they started growing was out of my league. One puff and I got major tachycardia and shaky hands. Not a good experience and I was done for life. I’ll leave that to the pros.

    1. female Ginko trees have a fruit dogs like to roll in , it smells like a dumpster outside a supermarket full of rotted food. So they cut them down. usually

    2. Nobody wants female mulberries either. They stain the heck out of sidewalks in early June every year. (I like mulberries. They’re edible, but it’s a pain to get the stems out.)

  20. READ: Federal judge orders Georgia voting machines be preserved– then reverses; hearing set for Friday
    DATED: NOVEMBER 29, 2020 BY SHARYL ATTKISSON 14 COMMENTS

    Amid rumors that Georgia elections officials intended to alter or wipe voting machines used in the 2020 election, a federal judge has ordered that the machines be preserved in their current state. He then abruptly reversed that order, according to the attorney who asked for it.

    The order was made public several hours after Georgia Republicans complained that elections officials had kept them at a distance for hours while election officials worked on the machines.

    On Sunday, November 29, attorney Lin Wood tweeted the following:

    GA officials performing “software update” on Fulton County voting machines at this very moment at World Congress Center. They are trying to erase the evidence by scrubbing the machines with litigation pending. BLOW YOUR HORNS. PATRIOTS. This cannot stand.

    And

    STOP THE SUNDAY ATTEMPT TO DESTROY EVIDENCE IN GA.

    Shortly thereafter, an order from U.S. District Court Judge Timothy Batten, Sr. was made public:

    Defendants are ordered to maintain the statue quo & are temporarily enjoined from wiping or resetting any voting machines in the State of Georgia until further order of the Court.

    US District Court Judge Timothy Batten, Sr.
    Read Judge’s Order

    But not long after that decision, attorney Wood tweeted that the judge reversed his decision on the machines, based on claims that Georgia counties control the machines. The judge says the defendants do not control the machines and, therefore, he cannot order them to be preserved in their current state.

    Read Judge’s Second Order

    Meantime, a hearing on Wood’s broad ranging requests related to election fraud allegations is set for Friday.

    Wood has also asked for a forensic audit and security tape videotape evidence.

    Read the judge’s order summarizing the requests below.

    https://sharylattkisson.com/2020/11/read-federal-judge-orders-georgia-voting-machines-be-preserved-then-reverses-hearing-set-for-friday/

    1. “The order was made public several hours after Georgia Republicans complained that elections officials had kept them at a distance for hours while election officials worked on the machines.”

      Sounds like another Enron party.

    2. Maybe the judges got some phone calls from Aunt Tifa. I guess that’s where the civil war will be fought — in the front yards of private homes.

    1. This is unpossible! I thought everyone in California was hiding under their beds.

      Speaking of California people, we spent the long weekend on the coast at a campground. The big thing I noticed is that almost everybody was masked when outside their campsite. As in, people walking around on the beach were wearing masks. I didn’t see that anywhere else around the country on our big trip except for DC (and people were packed in together a lot more there). I’d estimate it at about 50/50 the people who looked terrified when other people got too close to them (outdoors) versus the people who were just trying to be polite. Meanwhile I’m just confused that people are so worried about it outdoors on a nice sunny day. Indoors, sure, but people don’t seem to see the difference.

      1. So if Californians are wearing masks on uncrowded beaches, how is it that Covid is spreading there?

        I’m becoming increasingly skeptical of anything I read about the pandemic. They tell us that ICU’s are full, but I wouldn’t be surprised if I were to sneak into a hospital and peek, that I would find acres of empty ICU beds.

        1. So if Californians are wearing masks on uncrowded beaches, how is it that Covid is spreading there?

          I don’t know. I think the conventional wisdom is that people were complacent before and only now they masking up. The only thing I’m sure of is that the people who are trying to scare everyone are at least halfway succeeding around here. And fear tends to be irrational…walking around terrified and angry at everyone who isn’t regardless of the logic of the situation. And these are the lucky ones…they have money to travel and do nice things while still isolating.

          1. The fear mongering is working. I think that everyone I know had a reduced Thanksgiving (no guests). I never do Black Friday, but from what I heard locally it was very quiet. People are hiding under their beds.

  21. Rand Paul Highlights Vote Fraud, Predicts Big Tech Will Censor Him; Big Tech Censors Him

    by Steve Watson
    November 30th 2020, 4:59 am

    Senator Rand Paul found himself on the end of a dreaded Twitter red label Sunday after he highlighted evidence of voter fraud in multiple states where President Trump “lost”.

    The Senator predicted that Twitter would censor his post, which it did soon after he posted it:

    The Senator’s comments come on the heels of a judge in Georgia ordering the wiping and reseting of voting machines, erasing any remaining election fraud evidence state-wide:
    Senator Rand Paul
    @RandPaul

    Interesting . . . Trump margin of “defeat” in 4 states occurred in 4 data dumps between 1:34-6:31 AM. Statistical anomaly? Fraud? Look at the evidence and decide for yourself.(That is, if Big Tech allows u to read this)

    Anomalies in Vote Counts; https://votepatternanalysis.substack.com/p/voting-anomalies-2020
    This claim about election fraud is disputed
    3:27 PM · Nov 29, 2020

Comments are closed.

Back To Top