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Angry Homebuyers Are Chanting, Give Us Our Money Back

A report from the Phoenix Business Journal in Arizona. “A former Coolidge real estate agent faces decades in prison after being convicted this month in a scheme that emptied a family friend’s savings of $185,000 amid promises to help the victim become a successful real estate investor. A federal jury found Sarah Nicole Kelley guilty of 24 counts of wire fraud and eight counts of money laundering in a verdict handed down on Oct. 15 after three days of trial. Conviction on wire fraud carries a maximum penalty of 20 years in prison, a $250,000 fine or both. The maximum penalty for a money laundering conviction is 10 years in prison, a $250,000 fine or both.”

“Court documents outlined how Kelley, who was facing foreclosure at the beginning of 2017 on two investment properties, learned of a recent inheritance the family friend had received and convinced the friend that she could teach her how to invest the inheritance in real estate and retire on the proceeds. Kelley first persuaded the friend, who was identified only by initials in the court documents, to wire $55,000 to Kelley’s company, Canyon Construction, so the two could buy a Coolidge lot and build a spec home there that they were to eventually sell. The friend was supposed to receive her money back along with a share of the profits. Rather than buying property, however, Kelley used that money toward her past-due loans, court documents showed.”

“Prosecutors said that other evidence showed that Kelley had allegedly defrauded another family friend out of $647,000 a few years earlier using similar tactics.”

The Phoenix New Times in Arizona. “Thirty-five years ago, Queen Creek wasn’t even a town. Today, though, Queen Creek is booming. According to Redfin, the average home sale price per square foot in Queen Creek is $228 as compared to $247 in Mesa, $257 in Gilbert, and $264 in Chandler. (Queen Creek has seen a 35.7 percent jump over the last year, though.)”

From Nogales International in Arizona. “Santa Cruz County, like many communities across the nation, is experiencing a home seller’s market. The median price of a single-family home has gone up 28 percent during the first nine months of the year, according to data from the Multiple Listing Service of Southern Arizona. Gabriel Gastelum, who has 40 years’ experience in real estate, said he sold a home in Rio Rico to a couple who lost their jobs in San Francisco this year. They had managed to save $500,000, which they found could go much further here than in the Bay Area due to drastically lower home prices and a lower cost of living.”

“He said it’s becoming common for buyers to make offers above list price, as was the case in a recent home sale in the Meadow Hills subdivision of Nogales. ‘We had an appraisal, we researched and set what we felt was a fair market price of $488,000. The house is located in the flood zone and is about 45 years old. It sold for $515,000,’ Gastelum said.”

“‘I’ve never seen anything like this,’ he said. ‘Not only are some people offering more than what the house is listed at, I’ve heard that a couple of them have added personalized letters with their offer to the owners saying, for example, that they love and will preserve traditions like the décor of crosses on the walls. I think they hope this will help endear them to the sellers and increase the chances that their offer will be accepted.'”

From DS News. “The first question posed to the panel was ‘Why is Ginnie Mae addressing financial stability in the Mortgage Servicing Right (MSR) industry now?’ ‘We have to recognize that Ginnie Mae is acting prudent and responsibly in issuing this Request for Input (RFI),’ said Tom Piercy, President of National Enterprise Business Development and Managing Director for Incenter. ‘They really have the responsibility to maintain the credibility to its bondholders. The bondholders, the purchasers of these Ginnie Mae bonds, are a critical component to affordable housing finance in our nation.'”

“When asked about who the RFI will have the most impact on and where it will be felt the most, Bob Dowell, Managing Director of Analytics at Incenter, said that it would be the smaller mortgage companies that would feel it the most. ‘A company that originates $100 million per month, but has a servicing portfolio of a couple of billion that they are able to maintain, that asset is going to be the biggest investment that they have, he said. Dowell continued, ‘It will mainly be small- to mid-sized mortgage companies who mostly are retail originations … they retain the asset to get those cash flows, and this will cause them to get into investments they are not comfortable with.'”

From Bisnow San Francisco. “Oceanwide Holdings has been forced to hand over the keys to its most prominent San Francisco project. Creditors have taken over the stalled 2M SF Oceanwide Center after subsidiaries of the beleaguered Chinese developer missed payments of notes worth $321.5M. The property at Mission and First streets is slated to become the second-tallest tower in the city. Construction at the site halted last year, and two potential deals to trade the asset for $1B and $1.2B, respectively, fell through.”

“The forfeiture is the latest sign of struggle for Chinese developers as the country’s largest property developer, Evergrande, continues to head toward implosion with over $300B in debt. Elsewhere in California, Oceanwide has paused construction work at the $1B Oceanwide Plaza project in Los Angeles after unpaid work claims. In New York, Oceanwide is looking to offload its development site at 80 South St. for $190M, a far cry from the $390M it paid in 2016. That building was slated to become the tallest in New York City. Those two assets could face a similar fate as the San Francisco tower if sales agreements aren’t reached.”

The Real Deal. “Another day, another underfunded aid package. After the state’s rent-relief program left landlords $3 billion, a preview of New York’s mortgage forgiveness program shows the forthcoming Homeowner Assistance Fund might do even worse. Joseph Sant, general counsel of the Center for New York City Neighborhoods estimated the award would cover just 9 percent of New Yorkers’ delinquent payments. Citing data from the firm Black Knight, Sant said homeowners statewide have accrued about $5.85 billion in late mortgage payments since the start of the pandemic.”

“Sant’s nonprofit says homeowners must think of the Homeowner Assistance Fund as Congress intended it: a backstop, not a blanket solution. ‘HAF is an important tool, but It’s not going to be able to address the scale of mortgage delinquency in New York state by itself,’ Sant said. ‘We have to do more to let homeowners know about their post-forbearance options and this figure really brings that home.'”

From Reuters. “Chinese homebuilder Yango Group offered on Monday to exchange some U.S. dollar bonds for new notes personally guaranteed by its chairman as it struggles to free up cash and avoid defaulting on upcoming debt payments. Yango is offering $25 in cash and $1,000 in new notes for each $1,000 of existing bonds exchanged, it said in a Hong Kong bourse filing. The exchange offer applies to its U.S. dollar notes due in February 2023, January 2022 and March 2022, which have an outstanding face value of $747 million.”

“The announcement follows a report from financial information provider Redd on Friday that Yango had asked holders of its onshore asset-backed securities (ABS) to refrain from asking for repayment for a year over concerns it would struggle to pay this month. On Monday, Redd reported that Yango had sweetened its offer with plans to pay more than 10% upfront in cash, and a second installment in March, with the remaining principal extended to November 2022. It did not say whether investors had accepted the offer.”

“In international debt markets, Yango’s 7.5% February 2025 dollar bond fell more than 20% to a discount of about 85% of its face value, according to Duration Finance. Other Chinese developers’ bonds also slumped. Yango has eight outstanding U.S. dollar bonds worth a total $2.24 billion and 14 outstanding yuan-denominated bonds worth 13.1 billion yuan, according to Refinitiv data. Holders of the February 2023 notes, worth a total of $247 million, have the option to demand early repayment on Nov. 12.”

“Hong Kong-based independent market research analyst Travis Lundy warns the downstream impact on Australia will be substantial. ‘Some global players would feel economic pain from a slowdown in China much more than others,’ he told the BBC. ‘I think Malaysia is considered to be the most correlated economy. However, one could easily point to Australia and say that would be the biggest hit.'”

From News.com.au. “Angry Chinese homebuyers are storming office blocks chanting, ‘Give us our money back.’ Contractors are getting paid in IOUs. Billionaires are facing Communist Party pressure to pay up. The Evergrande crisis is getting real. S&P Global Ratings warns that up to one-third of all China’s property developers face ‘acutely strained’ financial conditions. And that puts them at ‘real’ risk of defaulting on $A111.7 billion worth of debt repayments due next year. Of greatest concern is how small investors, contractors and suppliers react. Cash flows will quickly dry up if they batten down the hatches and clamp down tightly on their wallets.”

“The International Monetary Fund says Evergrande’s financial risks are ‘contained.’ But, if it defaults on its many upcoming bonds, that may trigger a psychological backlash. ‘So the worry really is contagion,’ says economics analyst Professor Adam Tooze. ‘It’s not so much Evergrande itself is the fear and sort of financial distress that could spread out from that one company and could become a sort of self-sustaining wildfire.'”

“Potential homebuyers are becoming hesitant, causing sales to fall. The appearance of IOUs means suppliers are demanding upfront payments. And each of these, in turn, can cause cascading cashflow problems throughout the economy.”

This Post Has 78 Comments
  1. ‘His best-known catchphrase started in 1931 as, “Cook me up a hamburger. I’ll pay you Tuesday.” In 1932, this then became the famous “I’ll gladly pay you Tuesday for a hamburger today”. Rough House explains why Wimpy is able to get away with this tactic in one strip, stating that “He never comes around on Tuesday”.

    https://en.wikipedia.org/wiki/J._Wellington_Wimpy

    1. ‘on Friday that Yango had asked holders of its onshore asset-backed securities (ABS) to refrain from asking for repayment for a year over concerns it would struggle to pay this month’

      Onshore asset-backed securities sounds better than worthless paper.

  2. ‘HAF is an important tool, but It’s not going to be able to address the scale of mortgage delinquency in New York state by itself…We have to do more to let homeowners know about their post-forbearance options and this figure really brings that home’

    Option numba one: better get some boxes.

      1. Vegas 89121
        There has been a small blooming of for sale signs (from 0 to 6 out of 210 households/nextdoor figure) in our neighborhood. All listed in the $600+ range. I don’t see it, except they are not Grey Poupon sized lots. I know one family here bought their place around 2011 for under $200K. Some are lavishly renovated, though.
        We are still waiting for the garage ceiling to be fixed. We are told the LL is pricing abatement companies. That doesn’t sound very good.

  3. These Oceanwide towers failed years ago. The various bubbles have popped and the REIC media says nothing. Do you remember who was supposed to buy these LA airboxes? Chinese investors.

    1. “….Oceanwide towers…”

      Just a few blocks away from (ever expanding) LA skid row.

      If you ever drive the area, be *sure* your doors are locked and you have an escape plan.

  4. ‘the average home sale price per square foot in Queen Creek is $228 as compared to $247 in Mesa, $257 in Gilbert, and $264 in Chandler. Queen Creek has seen a 35.7 percent jump over the last year, though’

    There’s a reason why Queen Creek cratered last decade. More than one actually but it was a drive til you qualify thing. But what a drive! Two lane “highways” full of lumbering trucks that stop everything if they have to turn left. The jobs are far away. So when prices fell, the keys rained on the lenders.

  5. ‘Kelley, who was facing foreclosure at the beginning of 2017 on two investment properties’

    ‘Perhaps the best known attraction in Coolidge, the Casa Grande Ruins National Monument showcases the area’s vast history.’

    https://www.coolidgeaz.com/

    Well, they got that going for them. The other ruins are the 6,000 abandoned lots from last decade.

      1. Since publishing of the initial story on Kelley’s federal indictment a week ago, numerous calls, texts and emails have come into PinalCentral from people claiming to be victims of Kelley’s alleged real estate deceptions. One even referred to Kelley as “the Bernie Madoff of Coolidge.”

        She’s a callous swindler!

        1. ‘In examination of civil court cases involving real estate transactions, PinalCentral found more than $1.2 million in judgments against her, her husband Brian and the many LLCs the couple was involved with — all were related to real estate investments.’

          ‘The judgments awarded were in five separate cases in Pinal and Maricopa counties. In one Pinal County case, more than $754,000 was awarded to a California woman who was involved in investing in six properties with the Kelleys in Coolidge, Casa Grande and Eloy between June and August 2018. The woman sued the Kelleys on 12 different counts in Pinal County Superior Court and won judgments of $754,726 against them.’

          ‘In all, a total of $963,818 in judgments have been handed out against the Kelleys in Pinal County Superior Court and $246,682 in Maricopa County Superior Court decisions. These figures do not include the $185,000 mentioned in the federal criminal case against her nor other cases appearing on court records in the Eloy Justice and Florence-Coolidge Justice courts.’

          Yer pretty bad when the UHS kick you out. But then she keeps at it! Why on earth are people throwing hundreds of thousands into this got-forsaken place? When I’ve driven through, I never even stop, except for dust storms.

    1. So, I had to look up the Casa Grande ruins. Uhhh, that looks like a nice afternoon. And that’s it.

      After google-mapping these places, especially the Kingman-area houses Ben is posting, I have started to wonder why anyone would want to bother to colonize Mars. We already have Mars, right here.

      1. I’ve been there and found it interesting for a couple of hours. Especially interesting that there was once surface water, which made a large settlement possible for hundreds of years.

  6. ‘in the Meadow Hills subdivision of Nogales. ‘We had an appraisal, we researched and set what we felt was a fair market price of $488,000. The house is located in the flood zone and is about 45 years old. It sold for $515,000’

    This is the end…

    ‘I’ve never seen anything like this…Not only are some people offering more than what the house is listed at, I’ve heard that a couple of them have added personalized letters with their offer to the owners saying, for example, that they love and will preserve traditions like the décor of crosses on the walls’

    I’ve never been there but I think it’s kinda primitive.

    1. In Nogales, Ariz? That’s a cartel infested border town of 20K. The median HH income is $28,000.

  7. Sounds as though the Chinese plan to take over America through real estate acquisition has died in the arse.

    “The forfeiture is the latest sign of struggle for Chinese developers as the country’s largest property developer, Evergrande, continues to head toward implosion with over $300B in debt. Elsewhere in California, Oceanwide has paused construction work at the $1B Oceanwide Plaza project in Los Angeles after unpaid work claims. In New York, Oceanwide is looking to offload its development site at 80 South St. for $190M, a far cry from the $390M it paid in 2016. That building was slated to become the tallest in New York City. Those two assets could face a similar fate as the San Francisco tower if sales agreements aren’t reached.”

    1. That building was slated to become the tallest in New York City

      Once again, “tallest ever” signals an economic disaster.

    2. That’s because they were stupid and greedy. For that same $390 million, they could have bought up an entire small town in the Rust Belt, and probably the surrounding farm fields too. Get a bunch of tourist visas, and send over a bunch of relatives and preggo women to live in the houses, overstay their visas, and “colonize” the area. Heck, the latinx are doing that very well right now.

      1. “Heck, the latinx are doing that very well right now.”

        They might be born pregnant like those tribbles on Star Trek.

  8. “Of greatest concern is how small investors, contractors and suppliers react. Cash flows will quickly dry up if they batten down the hatches and clamp down tightly on their wallets.”

    Yeah, sure, it’s these financial plankton that are of greatest concern. It’s no big deal if HSBC and a slew of other internationally prominent investment banking whales have to absorb $100s of billions in bond defaults.

    “The International Monetary Fund says Evergrande’s financial risks are ‘contained.’ But, if it defaults on its many upcoming bonds, that may trigger a psychological backlash. ‘So the worry really is contagion,’ says economics analyst Professor Adam Tooze. ‘It’s not so much Evergrande itself is the fear and sort of financial distress that could spread out from that one company and could become a sort of self-sustaining wildfire.’”

    The kindling for this potential conflagration comes from central banker assurances to investors that they are too-big-to-fail and face no risk of loss. A certain class of investor acts on such false assurances to leverage up to the hilt and invest like there is no tomorrow; many of these favor real estate as their investment of choice. Pretty soon the buildup of financial kindling is sufficient to fuel an uncontrollable crown fire upon occurrence of the smallest spark.

    1. I’m pretty sure this is the worst asset bubble situation since 1929.

      How do I know?

      Because so many, many people on the planet have been successfully conditioned to believe that gambling on shacks, stonks, and cryptocurrency is a no-lose proposition. It’s when the masses become fully convinced that outsized investment gains into the indefinite future are a sure thing that you get bubbles of the too-big-to-bail (TBTB) variety.

      1. BULLETIN Stocks close higher Monday but finish off their best levels of the day

        Market Extra
        Treasury liquidity is worsening as hedge funds Rokos and Alphadyne reportedly incur losses from wrong-way bets on yields
        Published: Nov. 1, 2021 at 12:11 p.m. ET
        By Vivien Lou Chen
        Federal Reserve Chairman Jerome Powell Sarah Silbiger/Press Pool

        Rokos Capital Management and Alphadyne Asset Management are being identified by Bloomberg News as two of the large hedge funds that have incurred losses as a result of wrong-way positions on government-bond yields.

        Yields across the world have unexpectedly converged on growing expectations of tighter policy from central banks and a darkening global outlook. The accompanying volatility has caught a number of leveraged players off guard — and is now leading to deteriorating liquidity in the Treasury market, as well as in Europe, Canada, and the U.K., according to BofA strategists.

  9. “Angry Chinese homebuyers are storming office blocks chanting, ‘Give us our money back.’”

    At what point will it dawn on these greater fools that they poured their money into a giant CR8R, and it’s not coming back?

    1. Denial
      Anger
      Bargaining <- they are here. 'How long do the 5 stages of grief last? There is no set timetable for grief. You may start to feel better in 6 to 8 weeks, but the whole process can last anywhere from 6 months to 4 years.'

    2. ** “Sant’s nonprofit says homeowners must think of the Homeowner Assistance Fund as Congress intended it: a backstop, not a blanket solution. ‘HAF is an important tool, but It’s not going to be able to address the scale of mortgage delinquency in New York state by itself,’
      ‘We have to do more to let homeowners know about their post-forbearance options and this figure really brings that home.’”

      hmm so the best idea is to spend more money from a fund that:
      1) doesn’t have enough to pay everyone
      2) rightful benificiaries do not know it exists
      3) the gatekeepers stall payouts until they can’t, then claim more “advertising” is the answer.

      well, of course. it’s all so clear now. thank god you masters-of-the-universe MBA’s explained it to use simple folk. I feel much better now as you continue to scrape all those fund fees.

      after all, it IS the holiday season!

  10. https://townhall.com/columnists/wayneallynroot/2021/10/31/what-i-just-told-the-new-york-times-about-the-complete-failure-and-disaster-of-the-covid19-vaccine-n2598286

    ‘Here are the VAERS numbers: Over 17,000 Americans are reported dead from this vaccine — mostly from strokes, heart attacks and blood clots. Over 800,000 are reported injured, many of them hospitalized (over 83,000), many with life-threatening illness (over 18,000) and many others permanently disabled (over 26,000).’

    ‘This information is all publicly available and provided by the CDC. This cannot be called “misleading” by anyone in the media. The very definition of “misleading” would be to either disparage or ignore VAERS and not report on it daily to your readers.’

    ‘The number of deaths and significant injuries reported to VAERS is now dramatically higher than in the past 30-plus years combined. This has happened in only 10 months.’

    1. Over 17,000 Americans are reported dead from this vaccine

      The CDC page on this reports 9,143 deaths after vaccine. I wonder what’s up with the 17,000 number.

      It is interesting that the CDC emphasizes that it’s deaths after vaccine, not deaths from vaccine. Isn’t that cute! I’ve never seen them say deaths with PCR positive test, only deaths from covid. Sometimes liars don’t realize how obvious they are.

    2. Attorneys, medical doctors, and family members of COVID-19 victims have described and offered recordings of what the Truth for Health Foundation calls “horrific hospital violations of human rights,” including denial of intravenous fluids to patients, denial of access to patients by families, attorneys, and others, and the imposition of remdesivir on patients despite risks of kidney and liver damage from that drug and the availability of possibly safer alternatives, such as ivermectin.

      “Prisoners in America’s jails do have more rights right now than COVID patients in America’s hospitals—it’s unheard of,” Dr. Elizabeth Lee Vliet, president and chief executive of the foundation, said at an Oct. 27 press conference that she moderated. According to its website, the mission of the physician-founded charity foundation is “to provide truthful, balanced, medically sound, research-based information and cutting-edge updates on prevention and treatment of common medical conditions, including COVID-19 and other infectious diseases, that affect health, quality of life, and longevity.”

      “‘I’m doing my job’ has never been a defense to crimes against humanity,” said Ali Shultz, legal director for America’s Frontline Doctors, whose mother-in-law died of COVID-19 and whose father-in-law allegedly suffered severe harm as a COVID-19 patient at the Mayo Clinic in Arizona.

      Shultz said that despite her medical power of attorney, she was prevented from learning basic information about the status of her father-in-law, Chuck, while he was in the hospital.

      “I tried everything,” Shultz said. “I wrote every letter possible. I sent every email possible to advocate for them. I was literally carried out in handcuffs under color of law. I was assaulted under color of law. I was deprived access to their health records, I was deprived access to them, and I was lied to. But that’s absolutely nothing compared to what happened to Chuck.”

      Shultz said that the Mayo Clinic kept Chuck from any hydration or nourishment over six days, “except one bag of D5 [dextrose 5 percent] water.”

      She also stated that the clinic secretly experimented on Chuck with the repurposed rheumatoid arthritis drug baricitinib. They also secluded him for over three weeks more than the Arizona Department of Public Health or the Centers for Disease Control and Prevention (CDC) recommend, she said.

      Shultz played a recording of someone who identified himself as a hospital administrator; this recording and others by Shultz were legal, as Arizona is a one-party consent state for recordings. The administrator states that the choice to deprive Chuck of food and water was the standard of care in metropolitan Phoenix, due to concerns about the aspiration of objects into his lungs.

      “Yes, of course, we don’t want him to aspirate, but maybe he could get some IV hydration—something at all—or, I don’t know, just an assessment?” Shultz asks in the recording.

      In another recording, an unidentified hospital employee states, “As far as visitation in our hospital, we are not going to allow you to visit him in our hospital as long as he is here.”

      A third recording referred to meetings in which hospital executives concluded that patients who tested positive for COVID-19 wouldn’t be permitted to receive visitors.

      “They’re meeting and they’re all deciding on this together. So either this is becoming the standard of care, or this is the same modus operandi, which actually criminally makes it easier to prove,” Shultz commented after playing the recording.

      She urged listeners to prevent COVID-19 patients from being secluded.

      “Get in there—it is in the Patient Bill of Rights,” Shultz said. “Just because they’re using the word ‘isolation’ doesn’t mean it makes it any better what they’re doing.

      “When an American is isolated from others, what is this considered? Unlawful imprisonment—torture.”

      Holding up a document she identified as a police report on the Mayo Clinic, which she said included felony charges of vulnerable adult abuse, Shultz stressed that prosecutors have considerable discretion to decide whether doctors should be charged.

      She also highlighted a template for a private criminal complaint that individuals can file online with their state’s attorney general, which she said can be accessed through the Truth for Health Foundation’s website.

      Other speakers at the press conference included Dr. Bryan Ardis, who highlighted what he described as the hazards of remdesivir, as well as an unprecedented climate of fear and retribution for medical doctors who dissent from the enforced consensus on its use.

      “Now they are punishing those who want to practice medicine and they are continuing to reward and allow doctors to maintain their licenses to practice in hospitals if they just follow the mandated protocol,” he said.

      Ardis pointed out that a randomized, controlled trial of remdesivir and other therapies for Ebola, published in the New England Journal of Medicine and touted by Dr. Anthony Fauci, chief medical adviser to the president, actually showed the dangers of remdesivir, as the scientists stopped administering it during the study because it was leading to a mortality rate above 50 percent—higher than any of the other drugs they tested.

      He also stated that the Centers for Medicare and Medicaid Services is “bribing hospitals” to choose remdesivir with a 20 percent bonus. CMS’s website does, in fact, refer to a “20% add-on payment” for claims coding for COVID-19 and for treatment by remdesivir or several other drugs.

      In a pre-recorded interview with Vliet, another speaker identified only as Mary Ann spoke about her Marine Corps veteran father’s deterioration and death at a Bozeman, Montana, hospital. She said she was prevented from being with her father and holding his hand as he died, allowed only to view him from behind glass as he convulsed in his bed, a mask concealing his face.

      “There’s something about when you’re able to be with your loved one and talk to them and hold their hand, there’s something extremely powerful in that—and there’s a reason they don’t want us in the hospital,” Mary Ann said. “They want us apart from each other.”

      Thomas Renz, legal counsel for the foundation, shared what he called “the most shocking statistic I have seen probably since this has started”: In Texas, 84.8 percent of people who were mechanically ventilated for 96 consecutive hours died. The Epoch Times could not independently verify this statistic before press time. “It’s a death sentence,” Renz said.

      https://www.theepochtimes.com/mkt_breakingnews/recordings-reveal-lockstep-covid-19-protocols-patient-isolation-by-hospitals_4073286.html

      1. ‘ “Prisoners in America’s jails do have more rights right now than COVID patients in America’s hospitals—it’s unheard of,” Dr. Elizabeth Lee Vliet, president and chief executive of the foundation, said at an Oct. 27 press conference that she moderated. ‘

        huh, wonder if she is related to Captain Beefheart

      2. They captured the Medical System , so Doctors and Nurses that are opposed to this level of corruption have to protest and refuse to be part of it. Pharmacies have to refuse to comply with this murder that is taking place.
        Hospitals have now become scary places to risk entering .
        While you have a lot of testimony from whistleblowers within the Health System that people are being killed, and people are suffering discrimination based on their vaccine status, and they are trying to cover up vaccine injury, it’s getting worse.
        Doctors and nurses with any kind of morals , have to reject what these Powers are doing.
        Do you want to be a puppet in this mass murder , just to hold you job, and to take a jab you don’t believe in?
        You can’t be blind anymore to what is taking place.

  11. Ok, so I’m hearing that big National walk outs are scheduled for Nov. 3, and others for around the 8th of November. Robert Kennedy Jr talking about this .
    Apparently this is a boycott against Employers and the vaccine mandates , and all the other tyranny being inflicted on people.
    If you ask me this is a good sign that people are starting to reject the insanity . Based on how big this protest is suppose to be, I wonder if how fake news is going to handle it. Better get the supplies you need for a number of days because a lot could be shut down over this.
    ARE THEY GOING TO TELEVISE THE REVOLUTION?
    Want to bet that they will try false flags to discredit this peaceful movement.
    Just saying that apparently people are starting to draw a line .

    1. FYI November 2, tomorrow, is the election for VA governor, widely seen as a bellweather for the country. Will be interesting to see if the election results have any bearing on the walk-outs on Wednesday.

      1. “election results”

        This alleged election won’t be “decided” for at least a week, because COVID, because reasons.

        The HBB remembers the whole linear narrative of the first few weeks of November. We remember every detail of the steal, and we remember every lie, and every liar who told those lies.

        And the Leaderless Resistance (see also: 4chan) has the names and addresses of all of those liars.

        1. First few weeks of November 2020.

          The unfolding of the steal, the stolen election, the globalists stealing the election, the unelected globalists stealing an American presidential election.

          Ever notice how conspicuously absent the globalists are from this whole narrative, especially when people start naming names?

    1. KTAR News 92.3 FM
      China’s economy slows as Beijing wrestles with debt
      Oct 31, 2021, 7:27 PM | Updated: 7:35 pm
      BY ASSOCIATED PRESS

      BEIJING (AP) — China’s economic rebound from the coronavirus pandemic is stalling as President Xi Jinping’s government cracks down on surging corporate debt.

      For a decade, the ruling Communist Party has talked about shifting to economy based on spending by 1.4 billion consumers instead of on building factories and apartments. But with each slowdown, Beijing fell back on pepping up growth with more construction and borrowing.

    2. China’s manufacturing slows for 2nd straight month in Oct
      China Manufacturing A worker scoops soft gels at Humanwell PuraCap Pharmaceuticals, a major Chinese soft gel pharmaceutical manufacturer, in Wuhan in central China’s Hubei province on Oct. 25, 2021. China’s manufacturing activity contracted for a second straight month in October amid a materials shortage and a widespread power crunch. (Chinatopix Via AP) (Uncredited)
      November 01, 2021 at 4:12 am EDT
      By ZEN SOO

      BEIJING — (AP) — China’s manufacturing activity contracted for a second straight month in October amid materials shortages and a widespread power crunch.

      China’s official manufacturing purchasing managers index dipped to 49.2 in October, according to data released by the National Bureau of Statistics, down from 49.6 in September. The index is measured on a 100-point scale on which numbers above 50 show activity increasing.

      The indicators are closely watched as a barometer of China’s economy. Analysts have warned activity may slow further as manufacturers grapple with the power crunch, shortages of materials and surging costs.

        1. Here’s a new one: Over 30,000 people were locked down INSIDE Shanghai Disneyland and were not allowed to leave unless they tested negative. Apparently, someone in the theme park was sick.

  12. “A former Coolidge real estate agent faces decades in prison after being convicted this month in a scheme that emptied a family friend’s savings of $185,000 amid promises to help the victim become a successful real estate investor.”

    That’s funny, I think I remember reading somewhere that…

    Realtors Are Liars

  13. One has to wonder if the Biden Administration Haas been trying to create some major conflict by the outrageous mandates , so some kind of false flags could be introduced to lable peaceful rebellion as insurrectionist.
    I just wouldn’t put anything pass this Administration that stole the election , and Big Pharmacy dictating a jab in every arm, in spite of overwhelming evidence that the vaccines are killing and injuring people.

      1. environmental science

        The Green Movement isn’t about science, it’s the veneer of a political agenda. He knows about those things.

      2. He knows the climate changes. What else does an environmental “scientist” (cough cough) need to know about climate change?

  14. Oh dear….

    More Chinese Developers Are Scrambling to Dodge Debt Defaults

    https://www.bloomberg.com/news/articles/2021-11-01/china-developer-yango-tries-to-avert-default-with-bond-exchange?srnd=premium-asia&sref=ibr3A0ff

    A selloff in Chinese developers’ debt is deepening, with one of the 20 biggest developers joining a host of firms looking to dodge defaults as debt crises effectively shut them out of the overseas financing market.

    China’s dollar high-yield bonds are falling for an eighth-straight day Monday after tumbling nearly 9 cents on the dollar in October, closing out the worst two-month slide in a decade. Yuzhou Group Holdings Co.’s bond due 2025 tumbled 11.6 cents to 38 cents, on pace for its biggest drop in since March, while Sunac China Holdings Ltd.’s note due 2026 fell 5.3 cents to 65.5 cents.

  15. Another day, another crypto pump & dump separates more fools from their money.

    Squid Game Cryptocurrency Scammers Make Off With $2.1 Million

    https://gizmodo.com/squid-game-cryptocurrency-scammers-make-off-with-2-1-m-1847972824

    The anonymous hucksters behind a Squid Game cryptocurrency have officially pulled the rug on the project, making off with an estimated $2.1 million. Remember on Friday morning when Gizmodo told you it was an obvious scam? It was only obvious because investors could purchase the crypto but couldn’t sell it. But plenty of people didn’t get the warning in time.

    The SQUID cryptocurrency peaked at a price of $2,861 before plummeting to $0 around 5:40 a.m. ET., according to the website CoinMarketCap. This kind of theft, commonly called a “rug pull” by crypto investors, happens when the creators of the crypto quickly cash out their coins for real money, draining the liquidity pool from the exchange.

  16. Nothing to see here…move along….

    Two Thirds of China’s Top Developers Breach a ‘Red Line’ on Debt

    https://www.bloomberg.com/news/articles/2021-10-31/two-thirds-of-china-s-top-developers-breach-a-red-line-on-debt?sref=ibr3A0ff

    China’s indebted developers are struggling to meet Beijing’s tighter financing rules.

    Two-thirds of the top 30 Chinese property firms by sales ranked by the China Real Estate Info Corp. have breached at least one of the metrics known as the “three red lines.”Greenland Holdings Corp., Jiangsu Zhongnan Construction Group, and Guangzhou R&F Properties Co. have not met any of the metrics, Bloomberg-compiled data showed as of Oct. 29.

  17. Will the Democrat-Bolsheviks be able to orchestrate electoral fraud on the scale necessary to overcome Virginia voter anger over the party’s anti-white hatred?

    Now floundering Democrat governor candidate Terry McAuliffe says Virginia has TOO MANY white teachers: Glenn Youngkin leads race by less than 1% ahead of tomorrow’s vote that could deal shattering blow to Biden presidency

    https://www.dailymail.co.uk/news/article-10152633/Glenn-Youngkin-pulls-ahead-Democrat-Terry-McAuliffe-1-Virginia-governors-race.html

    Terry McAuliffe and Glenn Youngkin have less than a 1 per cent polling gap from each other as Tuesday’s Virginia gubernatorial race comes down to the wire.

    The Republican contender, Youngkin, pulled ahead of his Democratic challenger and former Virginia governor on Saturday in a FiveThirtyEight polling average. On October 28, the two were tied at 47 per cent, then on October 29, Youngkin pulled ahead of McAuliffe in a 47.5 to 46.9 per cent split.

    1. Short version: I’m pretty sure VA was fixed in 2020, so, yes. One thing I haven’t kept up is whether the R’s have strengthened their local election-watchers. Will Dems be able to pull off the same ballot-stuffing if the R’s are watching more closely?

      1. They steal a hundred different ways.
        My bet is they steal this too.
        They have become brazen as no not one has faced consequences from 2020.

    1. Yes, yes it did. Just like how CCP Flu became incalculably more deadly after 10pm (or 11pm, or 8pm, or 9pm, please consult The Science™ of your local jurisdiction or Region to determine when).

      The Science™ is only here to help, Jeff. I wish you could be a little more accepting, docile, and perhaps even kneeling. It is not the only known The Science™, but it is better than all those other The Sciences (note they had their ™ symbols revoked) therefore you should probably accept this The Science™.

      Do you want me to read the card?

  18. CNN Host: “We Took Off Our Masks Just For the Photo”

    by Paul Joseph Watson
    November 1st 2021, 12:47 pm

    CNN host Jake Tapper inadvertently revealed the security theater that is ‘COVID-safe’ after he tried to reassure people “we took off our masks just for the photo.”

    Tapper posted an image of himself and his CNN staffers for a “bake off” event before tweeting, “for anyone concerned, we took off our masks just for the photo, but generally we all wear masks around the office. also, we’re all vaccinated.”

    Apparently, COVID has developed artificial intelligence and knows not to infect people when they’re doing a photo-op.

    “Did you get everyone’s permission in that photo before disclosing their private medical information?” asked one respondent.

    Did you get everyone’s permission in that photo before disclosing their private medical information?

    “My son is vaccinated and has to wear a mask all day at school. Why???” asked another.

    https://search.xfinity.com/?searchTerm=infowars&searchType=web&searchPage=1#:~:text=Infowars%3A%20There%27s%20a,The%20%231%20Independent

  19. Bahahahahahahahahahaha.

    Squid Game price today, SQUID to USD live, marketcap and chart | CoinMarketCap
    https://coinmarketcap.com/currencies/squid-game/

    (a snip from another link)

    “The Squid Game token rocketed in price from around 1 cent on Tuesday to trade around $38 late Sunday, according to CoinMarketCap data. It then stepped up to around $90 early Monday, then spiked to just above $2,861 before falling to $0.003467 at 10 a.m. ET.”

    Suck ’em in, shake ’em out. Repeat as often as possible.

    1. What is the context for that protest? Time, location, reason to blame George Soros for one’s own foolish investing decisions, etc.?

  20. Zillow is looking to sell off about 7,000 homes, Bloomberg reports, and stock sinks – MarketWatch
    https://www.marketwatch.com/story/zillow-is-looking-to-sell-off-about-7000-homes-bloomberg-reports-and-stock-sinks-2021-11-01?siteid=rss&utm_campaign=Feed%3A+marketwatch%2Fmarketpulse+%28MarketWatch.com+-+MarketPulse%29&utm_medium=feed&utm_source=feedburner

    “Shares of Zillow Group Inc. Z, -6.25% dropped 6.4% in afternoon trading, after Bloomberg reported that the real estate services company was looking to sell off about 7,000 homes. Zillow’s Class A shares ZG, -8.62% were down 6.3%. The report comes about two weeks after Bloomber reported that Zillow stopped buying homes because of a bloated backlog, which KeyBanc analyst Edward Yruma highlighted on Monday were mostly underwater. In Monday’s report, Bloomberg cited people familiar with the matter as saying the company is seeking $2.8 billion for the homes it was looking to sell. Zillow’s stock was down 8.7% over the past three months, while the S&P 500 SPX, +0.18% has gained 4.8%.”

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