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We’ve Trained Them To Believe That It’s Red Hot With No End In Sight

A report from the Lawton Constitution in Oklahoma. “For the first time in her 40 years as a realtor, Brenda Bentley is seeing sellers get well above asking price for their home. ‘It’s been hard for sellers all these years,’ Bentley said. ‘This is the first time in my career, and I’ve been doing this for 40 years, that I’ve seen a seller actually make money and get above asking and it worked out and not paying closing costs. They’re still paying some but not like they were like every deal had 6 — $8,000 in closing.'”

“Over the last few months, she and her business partner, Nelson Marrero, have seen a very drastic shift in the Lawton housing market. ‘I don’t see prices going down all that much over time,’ said Marrero, ‘I think what we’ll see is longer D.O.M.s (days on market). In 2020 houses would stay on market for about 79 days or more, now they’re only lasting about 39 days. Before that, it could take up to six months to sell a house. It was really easy to negotiate then. We had a buyer’s market and sellers were really getting the short end of the stick. This seller’s market we have now isn’t just in Lawton either, it’s everywhere.'”

From Politico. “As of the end of June, just $3 billion of the funds had been disbursed. Landlords have lost billions of dollars a month under the ban. ‘We’re doing everything the right way,’ said Matthew Haines, a Dallas property owner. ‘But we’re drowning.’ Haines and his wife own three apartment buildings with fewer than 100 units, where the average rent is between $780 and $950 a month for a one-bedroom apartment. ‘We’ve turned it over to collections, but we’ll never see it,’ he said of his tenants unpaid rent. ‘In January we had to take $50,000 out of our personal savings just to keep one of the properties going so we didn’t have to lay anyone off.'”

“‘Our industry has been picking up the slack from the very beginning, in terms of helping people deal with the pandemic,’ said Cindy Chetti, senior vice president at the National Multifamily Housing Council, which represents professional landlords. ‘That’s what’s not being reported, how much the industry is doing on this, how much they are working with residents,’ Chetti added. ‘That’s the untold story, but nobody wants to talk about it.'”

“Some Democrats are openly dismissing property owners’ concerns.’Yes, the small landlords are at a disadvantage, but guess what, they know how to go to the bank, they know how to get a loan,’ House Financial Services Chair Maxine Waters (D-Calif.) said July 30 as she rallied support for extending the eviction ban. ‘They know how to deal with hard times.'”

From KRON in California. “In the East Bay, home sales in many communities have slowed down from month-to-month, while inventory is up, according to the Bay East Association of Realtors. In communities like Pleasant Hill, Clayton and Hayward, year-over-year — more homes are listed on the market. A combined increase of 51%. But fewer are being sold, a drop off of about 6%.”

“David Stark speaks for the Bay East Association of Realtors, a group that monitors housing trends for more than 6,000 real estate professionals throughout the Bay Area.’We’ve got both, historically low interest rates, which make it easier to qualify for a mortgage. At the same time, historically high sales prices. So even though mortgage interest rates may be low, you’re still having to qualify for a large mortgage and make a large payment,’ Stark said. ‘So I think what we’re seeing in some communities is what we’re calling buyer-fatigue, and they’re saying, ‘We’re going to back off for a second and see what happens with the market.'”

From Fox 40 in California. “Houses in the Greater Sacramento area have been selling left and right for months, but new data from the Sacramento Association of Realtors shows things have slowed down. According to the statistics from this past July, there was an 8.6% decrease in sales from June. Median sales prices also dropped almost 2% from $520,000 to $510,000. Realtor Steve Heard told FOX40 that he expected the numbers, especially during this time of year.”

“‘We’ve trained them, or they trained each other to believe that it’s red hot with no end in sight and markets do cycle,’ Heard said. A house in Folsom, for example, has been on the market for three days without any offers. But even with the recent price dips, there’s no need to be concerned, according to Heard. ‘People buy homes all year round so I don’t think it’s any time to panic just yet,’ he said.”

The Globe and Mail in Canada. “Toronto’s real estate rental market is firming up. In the past three weeks, overseas students have begun making plans to return to the city says real estate agent Simson Chu. One new tenant offered to pay fiv months’ rent up front. Another, a full year. ‘They offered one full year up front without seeing the unit because they are still in China,’ Mr. Chu says, and the bloated inventory of recent months is being absorbed.”

“Manu Singh, a real estate agent with Right at Home Realty, says the average monthly rent for a one-bedroom unit in Toronto was $2,082 in the second quarter. The agent adds that it has been the case for the past several years that many investors are out-of-pocket in monthly cash flow because their carrying costs for mortgage and expenses are higher than current rents. ‘Mainly what people are seeing is opportunity to participate in appreciation,’ he says. ‘You can stomach the few-hundred-dollars-a-month loss if you can see price appreciation.'”

“Mr. Singh says he is not seeing a lot of good-quality units listed for sale at the moment. When he’s advising buyers, he recommends looking for a unit that is not staged to look its sparkling best. If the decor is tired or the tenant is still living there, the buyer is better able to negotiate a deal. ‘The investor wants out – maybe they’ve had a rough year or two,’ he says. ‘Sometimes you can get it for under list price, so we look for those.'”

From Somerset Live in the UK. “Homes in the BA postcode, which covers east Somerset, west Wiltshire and a portion of north-west Dorset have an average drop in asking prices compared to sale prices of 4.19 percent, or £13,960, over the last 12 months. The biggest price discounts were seen in the Bruton postcode, although there were only nine sales in the time-span monitored. These Bruton homesellers knocked a whopping average of £94,827 from their initial asking price, amounting to a 27.97 per cent discount in what is a coveted and pricey real estate location.”

“Co-founder of Property Solvers Ruban Selvanayagam said: ‘Despite what has been a very active market, homebuyers are still, by and large, able to negotiate down on prices. There is also wider evidence of surveyors down-valuing properties that are misaligned with the realities. This means that properties end up selling for lower than the original estate agent price estimation.'”

The Brakpan Herald in South Africa. “According to Catherine de Villiers, rental consultant at Jawitz Properties, the rental market is experiencing one of its most challenging times and several factors are contributing to this. ‘Covid-19 was the major catalyst as it created vast financial implications and loss in people’s lives and livelihoods resulting in many tenants struggling to pay and becoming increasingly price sensitive. These factors, as well as the many new sectional title developments coming on to the market, have resulted in an oversupply of rental properties. There are also countless furnished properties standing empty due to the lack of holiday rentals and expats coming into the country due to Covid-19 and the travel restrictions imposed,’ said de Villiers.”

“The glut of rental properties has impacted the supply and demand ratio and pushed monthly rental prices down. Despite there still being in demand, rentals have decreased by 25% on average across the board. With prospective tenants having lots to choose from, landlords need to adjust their rental expectations. ‘Take your agent’s advice on a fitting price that will entice lessees. It makes sense to find a good tenant rather than have your property stand empty for months to come,’ said de Villiers. ‘The oversupply of homes available to rent has resulted in potential tenants being able to pick and choose from several properties at prices they can afford, so landlords need to re-evaluate how they go about attracting a good tenant that will stay the course with them.'”

The Sydney Morning Herald in Australia. “More than four years after paying a deposit, Sydney woman Kim Morris has no idea when she can move into an apartment she bought off the plan. ‘The worst thing is the deafening silence from the developer. It is just the total uncertainty – we just can’t get a word out of them,’ she said.”

“Ms Morris is among dozens of buyers who have been languishing due to repeated delays to construction of the Bellevue Hill apartment complex known as The Acre in Sydney’s east. Now the discovery of serious defects in the complex overlooking Cooper Park is creating more delays. ‘There are young couples who have bought it as their first home and wanted to have children,’ Ms Morris said. ‘Everyone is frustrated and angry. It’s taken a massive toll.'”

“Resident Edwina Considine considers herself lucky after she got her deposit back on a two-bedroom apartment in The Acre in 2019, due to advice from her lawyer. ‘I’m incredibly lucky. I think I’m the only one who got out – it is a miracle,’ she said. However, the experience has taken a toll and she is adamant she would not buy off the plan again. ‘I had to go and see a psychiatrist due to the impact it was having on me and my family,’ she said.”

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This Post Has 95 Comments

  1. ‘This seller’s market we have now isn’t just in Lawton either, it’s everywhere’

    This is my red hotcakes in sh$tholes contribution for the day.

  2. ‘The agent adds that it has been the case for the past several years that many investors are out-of-pocket in monthly cash flow because their carrying costs for mortgage and expenses are higher than current rents’

    It’s been this way for years in Toronto. And now rents are down 9% again. What’s the NOI or ROI on these airboxes? It’s beyond insane in K-da. Last I heard there are many thousands on the way.

  3. ‘In communities like Pleasant Hill, Clayton and Hayward, year-over-year — more homes are listed on the market. A combined increase of 51%. But fewer are being sold’

    Sound familiar?

    ‘Median sales prices also dropped almost 2% from $520,000 to $510,000’

    Thornberg, Caw!

    ‘We’ve trained them, or they trained each other to believe that it’s red hot with no end in sight’

    Good boy, want a treat?

    ‘A house in Folsom, for example, has been on the market for three days without any offers. But even with the recent price dips, there’s no need to be concerned, according to Heard. ‘People buy homes all year round so I don’t think it’s any time to panic just yet’

    You now Steve, I appreciate yer concern, but I’m not feeling any panic. An aside, 3 days and yer slashin and a sawin? Sounds like something isn’t being said. Are you guys doing the relisting manipulation like bay aryans openly brag about? You know, where the shack has been sitting there forevah but it still shows on the market for 10 hours with 20 offers – back up offers accepted!

    1. Some old friends of ours helped set the stage for the East Bay market shift currently underway. With their marriage failing and a pandemic raging, they pulled up the tent stakes and offloaded their East Bay home, using the proceeds to purchase two separate houses in a more affordable Midwest market.

      Seems like we know a lot of people who ditched California over the past year!

      1. “ …. according to Heard. ‘People buy homes all year round so I don’t think it’s any time to panic just yet,’ he said.”

        as stated earlier:

        a realtor is someone who yells “fire” after the theater empties.

      2. With their marriage failing and a pandemic raging, they pulled up the tent stakes and offloaded their East Bay home, using the proceeds to purchase two separate houses in a more affordable Midwest market.

        Sheeple gonna sheeple.

      3. With their marriage failing and a pandemic raging, they pulled up the tent stakes and offloaded their East Bay home, using the proceeds to purchase two separate houses in a more affordable Midwest market.

        Oh goodie, two more Cali transplants who will be pulling the D lever.

  4. Does anyone know any sources for information about the treatment of ADE? I could not find any information about this on Dr. Zelenko’s website or anywhere else. Just lots of hits re: the vaccine does NOT cause ADE.

    1. ADE is not a disease that you get or treat.

      Should [ADE] occur, the antibodies won’t improve the body’s reaction to the disease, but rather lead to a more severe condition.

      That is, the “ADE” that he’s talking about is a severe case of Delta. So the treatment would be the same as for anyone who has Delta: monoclonal antibodies, steroids, oxygen, etc. Or, the MATH+ protocol, Vitamin C, Vitamin D, Iver, melatonin, etc.

      I took the quote from this primer on ADE (warning, it’s a “it’s not ADE” paper): https://davidson.weizmann.ac.il/en/online/reasonabledoubt/ade-and-corona-vaccines

    3. Red just posted on the other thread that the treatment is to take drugs to prevent getting COVID in the first place so that ADE never happens. HCQ, zinc, maybe Ive.

      I understand the reasoning for preventative medicines, but how long would someone have to keep taking such drugs? Years? Delta’s not going away entirely.

    4. From Ben last thread:

      Dr. Vladimir ‘Zev’ Zelenko: SLAYS Globalists, Exposes ‘Global Genocidal Event’

      ‘If you have “jab remorse”, the show isn’t over, and there are ways to treat the antibody dependent enhancement that you may experience as a result of the inoculation.’

      https://www.bitchute.com/video/JWK7kGeH9qVE/

      https://vladimirzelenkomd.com/zelenko-prophylaxis-protocol/

      For a lead comment each thread, I would also add:

      https://aapsonline.org/covidpatientguide/

      https://americasfrontlinedoctors.org/treatments/how-do-i-get-covid-19-medication/

      1. I can’t access Zelenko’s site now. Anticipating that would happen, I saved the prophylaxis protocol as a PDF:

        Covid-19 Prophylaxis Protocol
        Dr. Vladimir Zelenko
        http://www.VladimirZelenkoMD.com
        Prophylaxis is an action taken to prevent or protect against a specified disease. Greek in origin, from the word “phylax”, meaning “to guard” and “watching.”

        Low Risk Patients
        Young healthy people do not need prophylaxis against Covid 19. In young and healthy people, this infection causes mild cold-like symptoms. It is advantageous for these patients to be exposed to Covid-19, build up their antibodies and have their immune system clear the virus. This will facilitate the development of herd immunity and help prevent future Covid-19 pandemics. However, if these patients desire prophylaxis against Covid-19, then they should take the protocol noted below.

        Moderate Risk Patients
        Patients from this category are healthy but have high potential viral-load exposure. This group includes medical personnel, caregivers of high-risk patients, people who use public transportation, first responders and other essential personnel who are crucial to the continued functioning of society. These patients should be encouraged to take prophylaxis against
        Covid-19 in accordance with the protocol noted below.

        High Risk Patients
        Patients are considered high risk if they are over the age of 45, or if they are younger than 45 but they have comorbidities, that is, they have other health conditions that put them at risk. These patients have between a 5 to 10% mortality rate if they are infected with Covid-19. These patients should be strongly encouraged to take prophylaxis against Covid-19 in accordance with the protocol noted below.

        Protocol for Low and Moderate Risk Patients:
        Elemental Zinc 25mg 1 time a day
        Vitamin D3 5000iu 1 time a day
        Vitamin C 1000mg 1 time a day
        Quercetin 500mg 1 time a day until a safe and efficacious vaccine becomes available
        If Quercetin is unavailable, then use Epigallocatechin-gallate (EGCG) 400mg 1 time a day

        Protocol for High Risk Patients:
        Elemental Zinc 25mg once a day
        Vitamin D3 5000iu 1 time a day
        Hydroxychloroquine (HCQ) 200mg 1 time a day for 5 days, then 1 time a week until a safe and
        efficacious vaccine becomes available
        If HCQ is unavailable, then use the Protocol for Low and Moderate Risk Patients.

        1.https://Www.Ncbi.Nlm.Nih.Gov/Pmc/Articles/PMC7365891/
        2.https://Www.Ncbi.Nlm.Nih.Gov/Pmc/Articles/PMC7318306/
        3.https://Pubs.Acs.Org/Doi/10.1021/Jf5014633
        4.https://Www.Preprints.Org/Manuscript/202007.0025/V1

          1. I’m about COVID’d out.

            Same here. Heading out on a trip late next week, come hell or high water.

          2. Just got back from a trip to a U.S. National Park. We only masked up when required to enter federal government buildings. Otherwise we enjoyed breathing the clean alpine air, mask free.

          3. Same here. I’m under a self-imposed lockdown until tomorrow. I have a dentist appointment and they don’t like it if you have any symptoms of anything. After that I’m only going to mask up if I have to. I have all the home remedies including home tests.

          4. I’ve been in Canada for a week. Was staged on the St. Lawrence to be one of the first to cross.

            Saw a great example of mask theater. There’s a Thousand Island tour boat moored on the same wall as my boat which leaves every few hours packed with passengers. I walked right by as the boat was filling up and there were four people sitting at a table at an open window, not wearing masks. I said Hi and said I thought everyone in Canada was supposed to mask up in crowded spaces. One said with an
            “it’s obvious” look “We’re seated”. Haha! It’s not a restaurant.

          5. mask theater

            Experienced something similar yesterday at lunch. A sign said mask up if you’re not vaxxed, but the employees were the only ones masked with no one bothering to ask about vax status.

          6. I have a dentist appointment and they don’t like it if you have any symptoms of anything. After that I’m only going to mask up if I have to.

            At mine all they do is check your temperature. No fever, come on in.

  5. ‘That’s what’s not being reported’

    This statement struck me. How many things, important things, just aren’t being “reported.” Like cures for the CCP virus! Can’t have that, people might not scurry like rabbits to the sound of guberment whistle.

    The fall of guberment in Kabul reminds me of Lebanon years back. Guberment isn’t a real “entity.” It can dissolve in minutes. You see people wandering around looking at each other: “are you in charge, somebody must be in charge?” Note that the scumbag media hasn’t called up George the 2nd and asked “how much shame do you feel for all the needless death and misery you dumped on the world?”

    1. I came across this:

      https://e.vnexpress.net/news/life/trend/hcmc-informal-workers-anxiously-wait-for-covid-relief-from-government-4338926.html

      ‘Many informal workers in HCMC are longing for relief from the government since lengthy lockdowns have taken away their livelihoods and what little savings they had.’

      ‘Huynh Duong Trong, 22, of HCMC’s Hoc Mon District is the sole breadwinner for a family of five that includes his mother, wife and two young children.’

      ‘He used to earn VND200,000 ($8.74) a day on average by driving a motorbike taxi. But after the Covid-19 pandemic broke out and the city imposed stricter preventive measures, he got fewer and fewer customers and sometimes none at all.’

      ‘At the beginning of July his neighborhood was locked down for some time after a person was found infected, forcing him to stay at home.
      Huynh Duong Trongs family of five faces financial harships when he has stopped driving a motorbike taxi during the latest outbreak. Photo by VnExpress/An Phuong.’

      ‘Huynh Duong Trong’s family of five faces financial harship after he stopped driving a motorbike taxi amid the latest Covid-19 outbreak.
      Without any savings to fall back on, Trong’s family began to suffer when he stopped working. Due to her poor diet, his wife does not have enough breast milk for their infant daughter.’

      These lockdowns have killed millions of poor people. Do you ever hear the globalist scumbags mention any “downside” like this infant going hungry? It’s completely left out of the “narrative”.

      1. The earth’s not going to depopulate itself, Ben. Mother Gaia needs an assist to get rid of the surplus humans. Only those who generate wealth for the oligarchy have a place on this planet.

      2. The most surprising part of that was that a man could support a family of 5 on taxi-driver wages. You haven’t been able to do that in the US since, uh, 1978?

        1. You haven’t been able to do that

          Not with a cable plan and a smart phone plan and a mortgage, no.

          1. Plus car payments, etc.

            I’m sure most first worlders would find the rickshaw driver’s standard of living, even when he was working, to be appalling.

    2. A flood tide of Afghan asylum seekers will be heading for Europe, as George Soros and his ilk cackle with Satanic delight.

    4. They are shaping the narrative toward socialism. What I don’t know is how many people are falling for it. Sure, we have activists on both sides slamming comment sections on video and articles, but what about the silent majority? What are they thinking?

      1. “… but what about the silent majority? What are they thinking?”

        It doesn’t matter what they think, it only matters what they do, and what they do is go along – go along to get along.

        Their thinking of the masses has already been done for them by the PTB and all that is left for the PTB to do is sell the fruits of this thinking to the masses.

        1. They’ll go along to get along … until it comes time to vote. I’m guessing that the Republicans will be able to prevent another fraud. They aren’t going to be thwarted by a couple pizza boxes this time.

      2. They are shaping the narrative toward a total dictorship by a One World Order of Monopolies and psychopaths .
        Socialism is the carrot false narrative they are employing that they won’t deliver on.
        They want a dictorship where your a slave who has nothing, getting harmful shots all the time.No freedom, while your considered non essential to their overall plan of depopulation.
        There is nothing about these Entities that intent on doing anything of benefit as evident by their massive harm already.
        Any temporary benefit you get is a bribe to get compliance, that they will take away when they gain the absolute power they seek.

        1. “Any temporary benefit you get is a bribe to get compliance, that they will take away when they gain the absolute power they seek.”

          Bahahahahaha … this accurately describes the loans I enjoy floating to my dumb-assed customers.

    5. Note that the scumbag media hasn’t called up George the 2nd and asked “how much shame do you feel for all the needless death and misery you dumped on the world?”

      A few weeks back I heard some brain dummy say “I wish we had GW back”…. I wanted to choke the idiot.

    6. “Note that the scumbag media hasn’t called up George the 2nd…”

      Ehud Barak September 11 interview:
      https://www.youtube.com/watch?v=7tbxYWKtYWM

      @7:55 “..bin Laden sits in Afghanistan…”

      How did they already know on 9/11 that bin Laden was in Afghanistan and responsible for 9/11? Why was a criminal investigation never conducted by the DoJ and ground zero in NYC not treated as a crime scene? Why did Ehud Olmert make a secret visit to NYC on September 10, 2001? These are all questions that were never even asked by our compliant stooge media.

    1. Yesterday I watched some fox show with the soldiers walking around eating cookies in a palace with the big headline “Taliban seeks transfer of power.”

  7. I love when it government employees and politicians with a guaranteed fat pay checks and amazing benefits and gold plated pensions give out business advice.

    “’Yes, the small landlords are at a disadvantage, but guess what, they know how to go to the bank, they know how to get a loan,’ House Financial Services Chair Maxine Waters (D-Calif.) said July 30 as she rallied support for extending the eviction ban. ‘They know how to deal with hard times.’”

    1. According to the Great Reset agenda they are going to burn everyone and set it up where only they don’t loose. Another loot job designed to reset in their favor where the losers are anybody other than them.
      These Entities are the parasites that have rigged the deck for a long time and the parties that have created the murder and mayhem in the World. Finally because they want to totally take over, this is the opportunity to eliminate these devils once and for all .

  8. From the Politico piece: “Yes, the small landlords are at a disadvantage, but guess what, they know how to go to the bank, they know how to get a loan, ” House Financial Services Chair Maxine Waters (D-Calif.) said July 30 as she rallied support for extending the eviction ban.

    Oh sure, Maxine. It’s easy to borrow money on a non-performing asset that’s incurring monthly expenses due to squatters and has property tax arrears.

    1. You leave Maxine alone! It is thinking such as hers that allows wonderful people such as myself to fully emerge myself in living the life of luxury.

      “… they know how to go to the bank, they know how to get a loan,”.

      Bahahahaha … you go girl! You pukes need to remember: There is not one problem on this planet that cannot be solved by borrowing money. The greater the problem, the greater the borrowing.

      Bring on the problems, real or imaginary it does not matter; The only thing that matters is the length of the line of borrowers that stretches around my bank.

      2. Maxine chairs the House Financial Services Committee. This is what the Committee does:

        “The Committee oversees all components of the nation’s housing and financial services sectors including banking, insurance, real estate, public and assisted housing, and securities. The Committee continually reviews the laws and programs relating to the U.S. Department of Housing and Urban Development, the Federal Reserve Bank, the Federal Deposit Insurance Corporation, Fannie Mae and Freddie Mac, and international development and finance agencies such as the World Bank and the International Monetary Fund. The Committee also ensures enforcement of housing and consumer protection laws such as the U.S. Housing Act, the Truth In Lending Act, the Housing and Community Development Act, the Fair Credit Reporting Act, the Real Estate Settlement Procedures Act, the Community Reinvestment Act, and financial privacy laws.”

        About Us | Financial Services Committee
        https://financialservices.house.gov/about/

        Many pukes laugh at Maxine, laugh all the way to my bank. I also laugh, but for different reasons.

    2. Haven’t these LLs already been getting loans for 18 months now? Who’s going to lend to them now, Maxine? You?

    1. Did somebody say “rigged election?”

      Joe Biden is not the legitimately elected president of the United States, and the 2020 election was stolen.

      Globalists, there will be trials, convictions, and executions.

      This isn’t Facebook, YouTube, Twitter, or Reddit. Globalists, you are powerless to stop these discussions here.

      Today is Monday, August 16th, and the only good globalist is a dead globalist 🙂

    2. Meh…the end of Afghanistan is not about Biden nor Trump. Anyone paying attention twenty years ago could have foretold a bad ending.

      Naturally the current president gets blamed for whatever longterm political timebomb explodes during his term…just like W caught the blame for the collapse of Housing Bubble 1.0.

      1. Naturally the current president gets blamed for whatever longterm political timebomb explodes

        pimping for the democrats/socialists as usual. you tired of all the ‘winning’ under biden yet?

        1. I typed and canceled: “Regretting your vote yet?” Biden’s been in public office the longest of his three predecessors.

        2. you tired of all the ‘winning’ under biden yet?

          Gas prices have doubled from last year’s low in my little burg. Inflation this year so far is over 5%, should be 10% by year’s end.

          Come on, man! Isn’t that winning in your book?

      2. Sorry, W was President for the entire housing sh!tshow, start to finish. He should be blamed. And don’t conveniently forget that in between Bush and Trump, there were 8 years of Obama. He did … what?

        1. “He should be blamed.”

          he can’t be blamed for the disaster of a pullout that biden just perpetrated on everyone. all biden had to do was follow trump’s plan of how and when to leave. a plan the taliban agreed to. we could have saved all those people who helped us. now they face being tortured and killed. and that’s what’s going to happen.

          and right at this moment i’m sure the chinese are reverse engineering our most sophisticated military equipment that was left behind. we had friends there that are now going to die thanks to biden. our standing in the world has been diminished and we are weaker and at greater risk of war. but hey, they always blame the incumbent right? so this mess isn’t really rock solid joe’s, is it?

          we’ve only just begun to see the consequence’s biden’s latest attempt to make sure trump got credit for nothing. the deep state’s/puppet biden’s motivation on this was pettiness and nothing less.

          RR:I typed and canceled: “Regretting your vote yet?”

          that was perfect right there.

        2. Biden is getting flack for the catastrophic withdrawal. Why didn’t he begin evacuating US citizens before it came to this? And the helicopter leaving the abandoned embassy after frantically destroying all documents, now that’s bad optics. I’m sure people around the world are laughing their azzes off at us and our woke, incompetent leadership.

          Thank Heaven Biden didn’t start a war with Iran. And if I lived in Taiwan, I would be very nervous now.

          I also expect the PTB to vent their anger on the American people. Somehow, the blame this disaster will be pinned on the Deplorables.

          1. And if I lived in Taiwan, I would be very nervous now.
            You think the chip shortage is bad now. Just wait if the CCP decides Joe is a complete senile moron and decides to test the theory.

          2. “Thank Heaven Biden didn’t start a war with Iran.”

            I was afraid Trump was going to ignite Iran.

        3. Actually the seeds of the Housing Bubble were planted when Slick Willie occupied the White House, including the subprimization of the evil twins, Fannie and Freddie, plus the establishment of the $500,000 capital gains exclusion for sale of a primary residence.

          W just so happened to be in office after those seeds sprouted and bore fruit, and remained in office when the fruit ripened and rotted.

      3. Biden shouldn’t just get the blame for the end of the Afgan war but the beginning as well. He voted for it and all the other stupid wars. In 2001, our beef was with AL Qaeda and not the Taliban. Sure, they were in the country but that’s why we have cruise missile and Special Ops. It turns out Osama escaped to Pakistan, our “ally”, probably early on. I’m glad we didn’t invaded there too.

    2. What’s the saying? 40% will do as they are told, without any question, and another 40% will initially resist; but can be persuaded?

  11. So…how’d those cash flow projections work out for ya, real estate mogul wanna-be?

    Tenant from hell who ‘didn’t pay rent for a year’ trashes two-bedroom flat and leaves behind 8,000 empty beer cans, rotten food and a toilet overflowing with excrement

    https://www.dailymail.co.uk/femail/article-9897485/Tenant-hell-turns-flat-sea-8-000-cans-4ft-high-toilet-paper-tower.html

    A tenant from hell wrecked his two-bedroom rental flat, leaving behind 8,000 beer cans, rotting food and a toilet piled with waste.

    Cleaner and wastewater management expert Freddie Gillium-Webb, 29, from Hampshire, was given the task of clearing up the property by the landlord once the problem tenant finally left after a year of paying no rent and trashing the flat.

    2. leaves behind 8,000 empty beer cans,
      On the bright side, assuming they are all Aluminum cans, they should be worth over $200 if recycled.

  13. Sounds like “real journalists” are scared in Afghanistan:

    Afghan journalists, particularly women, are “absolutely petrified,” CNN’s chief international correspondent Clarissa Ward told CNN’s chief media correspondent Brian Stelter on “Reliable Sources” Sunday. “They’ve been doing bold and incredible reporting for many years, and now there’s a very real fear that they might face retaliations for that or that certainly they won’t be able to do their work anymore.”

    The disingenuousness is almost endearing. They’re being hunted down because they are considered traitors and collaborators. They’re also fools, they should have fled the country as soon as the US withdrawal was announced. Or did they believe their own lies about how the American trained Afghan army would keep the country safe from the Taliban?

    1. “No, it is not. Because you have the Afghan troops have 300,000 well equipped as well as good as any army in the world and an Air Force, against something like 75,000 Taliban.”

      – Kabul Biden
      July 2021

      1. Jimmy Carter was a competent, respected statesman compared to Biden.

        How are we supposed to survive 3+ more years of this?

      1. As 2banana commented on ZH, these liberal feminists are only brave and courageous protesting in the US. You know, the same country they hate. They also like to disrespect the flag of those who died protecting their rights to speak and protests.

        In the meantime, CNN female reporters are covering up fast! I’m sure Megan are concerned about the paid inequality between men and women in Afghanistan. I mean do they get paid in goats now? Also, it looks like the “ex-president” is a POS. He ran away with a box of cash (most likely US dollars) with him! Money well spent US taxpayers! Come on, we can print more!!!

  14. Is it extremely difficult to train a robotic driver to pull over as an emergency vehicle approaches with lights flashing and sirens blaring? Who is legally liable if the robot stupidly crashes into the emergency vehicle that all the nearby human drivers have the common and moral sense to avoid?

    1. Tesla is under investigation because its cars keep hitting emergency vehicles
      By Chris Isidore and Peter Valdes-Dapena, CNN Business
      Updated 1:01 PM ET, Mon August 16, 2021
      Tesla invests $1.5 billion in bitcoin
      Watch the Tesla Cybertruck’s unbreakable windows break

      New York (CNN Business)
      Federal safety regulators are investigating at least 11 accidents involving Tesla cars using Autopilot or other self-driving features that crashed into emergency vehicles when coming upon the scene of an earlier crash.

      The National Highway Transportation Safety Administration said seven of these accidents resulted 17 injuries and one death.

      All of the Teslas in question had the self-driving Autopilot feature or the traffic-aware cruise control engaged as they approached the crashes, the NHTSA said.
      …

  16. What ammunition I wonder does the Fed have left with the housing market? Buy more MBS? Suppress mortgage rates further? The market is cooling and I think Fed stimulus is at least close to maximum?

    If they taper while the market is cooling, and the market starts stalling hard, could they create a “stall surge” by slamming the stimulus back on, gaining the market altitude again and the frenzy comes back? But then what about doing that with hotter than normal inflation?

    Perhaps they can further boost the prices of food and clothing while they’re at it. Nobody should tell them about lumber, else they might try to keep that bubble going. But I guess lumber execs don’t boost lending like the core FIRE sector does.

    1. What ammunition I wonder does the Fed have left with the housing market?

      Give more money to the Blackrocks so they can buy more houses?

    1. The music industry, like Hollywood, has been depraved for a long time. Are you familiar with Julia Holcomb, the girl Steven Tyler adopted, knocked up and forced to have a late-term abortion?

      1. adopted, knocked up

        While that may have been the chronology, it wasn’t quite as bad as that reads. There was a relationship before the adoption.

  20. Neel Kashkari is one of the more effective Fed debator advocates. In the recent PBS documentary (google “PBS Frontline The Power of the Fed”), Kashkari addresses the core of the complaint – that the Fed policies are stoking bubbles and inequality. Kashkari’s response is that poor people aren’t saying that – in fact they’re asking for the Fed to do more. The implication is its well-off malcontents that are saying that.

    So two things there:
    1) The Fed publicly denies its policies have any meaningful negative side effects and unintended consequences, while at the same time, loudly taking credit for any positive development. I was reading an Economist story about the capital expenditure boom (capex – what companies spend on plant buildout). A Fed official would say that’s because of low interest rates. I don’t remember a capex boom during the 10 years pre-pandemic. Now that there’s a demand for new infrastructure, that’s probably the real driver of the capex boom the Economist noted.

    2) A lot of these claimed beneficial effects of Fed policy are not provable. Look at the rigor spent on trying to tease out the effect of medications on illness, large rigorous studies and the like These folks have utterly nothing approaching anything like that, relying on a theory (which is necessary) but the evidence could be coincidental (the economy could be recovering in spite of the zombie companies, the malinvestment, and allocation of systems to capture Fed cash, not because of it).

    Finally I think he’s flat out lying about the poor person asking for the Fed to do more but that’s my opinion because who but a Wall Streeter or politician would approach the central bank for assistance? Most poor people would approach politicians.

    1. I don’t believe it’s a direct lie. The poor just ask for money from “the government.” The Fed is where the money is printed, so technically, when the poor ask for money, they’re asking the Fed. It’s just that the poor don’t know they’re asking the Fed. However, Neel is aware of it.

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