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Cash Flows Suddenly Dried Up As Overexposed Investors Struggled To Meet Repayments

A report from the Los Angeles Times in California. “The city of Bradbury just saw its priciest sale in years when Lynsi Snyder sold her Mediterranean mansion for $16.25 million. It chalks up as a loss for Snyder, who bought the nearly 19,000-square-foot home for $17.21 million in 2012. She first flipped it onto the market for $19.8 million in 2017 before dropping the price to $16.8 million earlier this year, records show.”

From Marketplace. “‘I feel like the frenzy from buyers is pausing a little bit,’ said Matthew Hilton, a real estate agent in the Tampa Bay area of Florida. To be clear, he said the market in his area is still very competitive, but he thinks people are less willing to get into bidding wars. Homebuying typically slows down at this time of year, said real estate agent Salinda Riebow, who’s also based near Tampa. When things pick up again next year? ‘I think we’re going to start seeing a little bit of a cool down,’ she said.”

The Northern Kentucky Tribune. “Kentucky REALTORS® expect an increase in sales volume in the next year even as the market continues to turn buyer-friendly. ‘We will get much needed supply as some homeowners take advantage of the recent price appreciation and list their properties,’ said Vidur Dhanda, author of the survey. ‘Additionally, with the end of forbearance, homeowners struggling with mortgage payments would also prefer selling their homes and cashing in their increased home equity.'”

“36% of the Kentucky REALTORS® reported that buyers were holding back because of concerns about the economy, with 82% saying that buyers were not rushing to beat mortgage rate increases. Dhanda said, ‘A combination of concerns about the economy and affordability challenges exacerbated by sustained appreciation in home prices over the last 18 months will temper homebuyer enthusiasm. Price cutting by sellers will further moderate house price appreciation.'”

“In the latest issue of the Home Purchase Sentiment Index, which tabulates national consumer sentiment, Fannie Mae reported that consumers expressed ‘their greatest economic pessimism in 10 years.'”

From Mortgage News Daily. “‘House price levels continue to rise but the rapid pace is curtailing through October,’ said Will Doerner, Ph.D., Supervisory Economist in FHFA’s Division of Research and Statistics. ‘The large market appreciations seen this spring peaked in July and have been cooling this fall with annual trends slowing over the last four consecutive months.'”

The Globe and Mail. “The Financial Times details a difficult year for bond markets. ‘Global bond markets are on course for their worst year since 1999 … The Barclays global aggregate bond index — a broad benchmark of $68 trillion of sovereign and corporate debt — has delivered a negative return of 4.8 per cent so far in 2021… ‘ ‘We shouldn’t be too surprised that bonds are a bad investment when inflation is running at 6 per cent,’ said James Athey, a portfolio manager at Aberdeen Standard Investments. ‘The bad news for bond investors is that next year looks tricky too. We have the potential for a further shock if central banks move quicker than expected, and I don’t think [riskier bonds] are particularly attractively priced.'”

From News.com.au. “Have we reached peak China?Its population has reached a tipping point. Its economy is set to follow. And Beijing may soon be desperate to distract an increasingly disgruntled public. The number of births across China reportedly fell 20 per cent to about 10 million in 2021. The number of deaths is expected to have been significantly higher.”

“Unregulated property investors have been derailed. Megacorporations such as Evergrande are on the brink of collapse. And anxiety is spilling over into bond markets. Now international analysts are worried China’s economy may be in for a hard landing. ‘The nation’s growth strategy rests on four pillars,’ says Professor Kent Matthews. ‘Three are frequently talked about – infrastructure, exports and consumers – while the fourth is only whispered in official circles – and that is the property sector.'”

“And that’s in crisis. Major property speculators such as Evergrande found themselves out on a limb after Beijing suddenly imposed limitations on borrowing. Cash flows in the construction sector and real estate markets suddenly dried up as overexposed investors struggled to meet repayments.”

“How China adapts to Chairman Xi’s economic thoughts is yet to be seen. ‘These economic disruptions are fueling a general wariness about China’s outlook,’ says Asia analyst Daniel Rosen. ‘(But) financial analysts are self-censoring their research for fear of offending officials by telling a truthful but pessimistic story; this has led to mistrust and uncertainty in markets.'”

The Daily Telegraph in Australia. “Property prices have been falling in a handful of NSW suburbs since the Covid pandemic hit, defying a pattern of skyrocketing prices in the rest of the market. The price drops meant home seekers who purchased in the current market would save up to $176,000 compared to buyers who purchased their homes before the country’s first hard lockdown in March 2020.”

“The suburb with the biggest drop in prices was the North Coast suburb of Dunbogan, about 38km south of Port Macquarie. Houses sold before the pandemic started had a median price of about $501,000, but the median has since slipped to $325,000. There was a similar mix of housing in Morriset, south of Lake Macquarie, which had a $129,000 drop in prices. The median price of houses in the suburb is now $420,000. It had been $549,000.”

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This Post Has 162 Comments

  1. ‘sold her Mediterranean mansion for $16.25 million. It chalks up as a loss for Snyder, who bought the nearly 19,000-square-foot home for $17.21 million in 2012’

    2012? Wa happened to my 9 years of red hotcakes California? Now that’s an a$$ pounding!®

  2. ‘a negative return of 4.8 per cent so far in 2021… ‘ ‘We shouldn’t be too surprised that bonds are a bad investment when inflation is running at 6 per cent…The bad news for bond investors is that next year looks tricky too’

    Worser, especially fer the gringos.

    ‘financial analysts are self-censoring their research for fear of offending officials by telling a truthful but pessimistic story; this has led to mistrust and uncertainty in markets’

    Self censoring, you mean like completely making up stories of yuuge bond payments that weren’t really made, much less on time? And they did this for months.

    Anywho the peak China article is worth reading. They really set themselves up for this sh$tshow.

    1. Self censoring, I would like you to meet a$$ pounding®

      You two have a lot in common, enjoy your weekend!

    2. “financial analysts are self-censoring their research for fear of offending officials”

      One who offends officials in China may end up as an organ donor. In China they do not play around with “offenders”.

      1. Question for Mr. Banker

        Do you re-fi marketable body parts?

        Me thinks marketable body part re-fi’s might be the next big thing, right after crypto and NFT’s.

        1. “Do you re-fi marketable body parts?”

          It depends. If the marketable body part is attached to, say, a really good-looking teenaged daughter then refinance terms can be worked out (I call this my Back Room Special).

  3. New York Times — U.S. Case Records Are Shattered as Delta and Omicron Converge (12/29/2021):

    “The U.S. record for daily coronavirus cases has been broken, as two highly contagious variants — Delta and Omicron — have converged to disrupt holiday travel and gatherings, deplete hospital staffs and plunge the United States into another long winter.

    As a third year of the pandemic loomed, the seven-day average of U.S. cases topped 267,000 on Tuesday, according to a New York Times database. The milestone was marked after a year that has whipsawed Americans from a relaxation of rules in the spring to a Delta-driven summer wave to another surge that accelerated with astonishing speed as Omicron emerged after Thanksgiving.”

    https://archive.is/EkYea

    There is no such thing as a COVID “case.”

    Read the language of these two paragraphs closely and know that this is only authoritarian government propaganda.

    There is no such thing as a COVID “case” because the concept of what a “case” is has been exaggerated to the point it is meaningless.

    We’re taking our country back, globalists GFY.

          1. Is the concept of “Go Time” still a joke to you?

            The HBB is, of course, a blog of peace.

            What some of our less tethered brothers from another mother over at 4chan or WRSA may or may not do, well I guess that’s just beyond our control on this blog…

          2. I guess you’re right. They could put up a checkpoint on the American Legion Bridge. You’ll get your Civil War in less than 10 minutes.

        3. Amazing how a globalist’s last words will always be about their rights and you can’t do this to me.

          Narcissist’s right until the lever pull.

        4. Brandon says he’s gonna implement a vaccine passport for interstate travel?

          I wonder how the idiots plan on enforcing this? Will they set up a border check on every road that crosses a state line? How many thousands of checkpoints would that be? Haw long will it take them to set that up, especially after many governors give the Feds the bird?

          And just imagine the backups on the main roads. It could take hours to cross a state line. That will do wonders for the supply chain problems.

          And of course, there are the Constitutional problems with that. Small wonder leftist pundits are writing articles claiming that the Constitution is obsolete and we need to write a new one. I can envision Brandon saying, in a Darth Sidious like voice: “I’ll make it legal”. Or should I be thinking of George Soros and Klaus Schwab?

          1. Totalitarian regimes ALWAYS impose curbs on the free movement of their citizens. That’s why the globalists & their Quislings are trying to phase out private autos and force the proles to rely on mass transit. That said, I have seen no credible evidence that the Biden regime is planning on instituting vaccine passports for interstate transportation. Even the DNC’s CCP advisors would probably recognize that such a step would provoke a huge backlash among the population.

          2. vaccine passports for interstate transportation

            A million miles of interstate borders? Enforced by aircraft with night vision? Skeet shooter resistant drones?

            I went to CT last year in the spring to pick up my grandson and drove to VA and back to NY, with the state’s borders “closed”. LMAO

          3. and force the proles to rely on mass transit

            And expect that you will have to provide a QR code to board mass transit, and if your “score” is deficient then you’re walking.

    2. More authoritarian government propaganda.

      “The Centers for Disease Control and Prevention’s tally represents a grim new milestone in the coronavirus pandemic.”

      A “grim” milestone? LMFAO@ these globalists.

      “The U.S. logged its highest single-day total of new Covid-19 cases on Tuesday, with 441,278 infections surpassing the previous daily record by close to 150,000.”

      Oh, look! A “case” just flew over my house.

      “overburdened hospitals … straining the nation’s health care system”

      https://www.politico.com/news/2021/12/28/us-new-daily-high-covid-526223

      Nobody ever elected these globalists to govern anything.

      Ben, get the ropes ready…

  4. This is a pearl-clutching article. Globalists intent on disarming potential resisters much first conjure up a bugbear “threat” to justify outlawing the private ownership of firearms and giving the Corporate State a monopoly on coercive firepower. Expect a slew of movies, “documentaries,” and articles pushing The Narrative that 2nd Amendment advocates are dangerous extremists that must be disarmed, if not interned in re-education camps…for the children.

    Citizen Militias in the U.S. Are Moving toward More Violent Extremism

    https://www.scientificamerican.com/article/citizen-militias-in-the-u-s-are-moving-toward-more-violent-extremism/

    In some members, a longing for “simpler” times is giving rise to deadly activities

    1. Americans Never Give Up Your Guns – A Warning from a Russian

      https://www.ammoland.com/2012/12/americans-never-give-up-your-guns-a-warning-from-a-russian/#axzz6BPK8eYc2

      Russia –-(Ammoland.com)- These days, there are few few things to admire about the socialist, bankrupt and culturally degenerating USA, but at least so far, one thing remains: the right to bare arms and use deadly force to defend one’s self and possessions.

      This will probably come as a total shock to most of my Western readers, but at one point, Russia was one of the most heavily armed societies on earth. This was, of course, when we were free under the Tsar. Weapons, from swords and spears to pistols, rifles and shotguns were everywhere, common items. People carried them concealed, they carried them holstered. Fighting knives were a prominent part of many traditional attires and those little tubes criss crossing on the costumes of Cossacks and various Caucasian peoples? Well those are bullet holders for rifles.

    2. The people who write and read articles like this believe that the opinions of the Editorial Boards of the New York Times and the Washington Post are reflective of the opinion of the country as a whole.

      They also believe that food grows itself on grocery store shelves, and that electricity magically pours out of the wall like water.

      Sure would be shame if food stopped getting delivered to NYC, DC, LA and other nests of globalist filth. Sure would be a shame if the electric grid feeding these child rapists went down, permanently. Sure would be a shame if they were all road blocked inside their cities with no food and no electricity, who knows what could happen then?

      All of this hypothetically happening in a game of Minecraft, of course, just some idle speculation about the peril that could befall these globalists…

      1. “Since when did Scientific American become a political rag?”

        From Wikipedia …

        “In the years after World War II, the magazine fell into decline. In 1948, three partners who were planning on starting a new popular science magazine, to be called The Sciences, purchased the assets of the old Scientific American instead and put its name on the designs they had created for their new magazine. Thus the partners—publisher Gerard Piel, editor Dennis Flanagan, and general manager Donald H. Miller, Jr.—essentially created a new magazine.[3] Miller retired in 1979, Flanagan and Piel in 1984, when Gerard Piel’s son Jonathan became president and editor; circulation had grown fifteen-fold since 1948. In 1986, it was sold to the Holtzbrinck Publishing Group of Germany, which has owned it until the Springer-Nature merger. In the fall of 2008, Scientific American was put under the control of Holtzbrinck’s Nature Publishing Group division.[4]

        “Donald Miller died in December 1998,[5] Gerard Piel in September 2004 and Dennis Flanagan in January 2005. Mariette DiChristina became editor-in-chief after John Rennie stepped down in June 2009,[4] and stepped down herself in September 2019. On April 13, 2020, Laura Helmuth assumed the role of Editor-in-chief.”

        1. Per Wikipedia, this is what Holtzbrinck’s Nature Publishing Group owns or controls …

          German newspaper Die Zeit in newsstand
          In Germany:

          S. Fischer Verlag
          FISCHER Krüger[5]
          Argon Verlag [de]
          FISCHER Scherz[6]
          Rowohlt Verlag
          Kiepenheuer & Witsch (85%)
          Verlagsgruppe Droemer Knaur (50%)
          O.W. Barth
          Die Zeit (50%)
          In the United States:
          Using the Macmillan name:

          Farrar, Straus and Giroux
          Faber & Faber (formerly; ended partnership in 2015)
          Henry Holt and Company
          Holt Paperbacks
          Metropolitan Books
          Times Books
          Owl Books
          Palgrave Macmillan
          Picador
          Roaring Brook Press
          Neal Porter Books
          First Second Books
          St. Martin’s Press
          Thomas Dunne Books
          Tom Doherty Associates
          Tor Books
          Forge Books
          Bedford, Freeman and Worth Publishing Group
          W.H. Freeman
          Bedford-St. Martin’s
          Worth Publishers
          Macmillan Learning
          Hayden-McNeil
          Nature Publishing Group
          Scientific American
          Using the Audio Renaissance name in Southfield, Michigan:

          Renaissance Media[7]
          In the United Kingdom:

          Macmillan Publishers
          Palgrave Macmillan
          Pan Macmillan
          Macmillan
          Pan Books
          Picador
          Macmillan Children’s Books
          Campbell Books
          Priddy Books
          Boxtree
          Sidgwick & Jackson
          Macmillan Education
          Springer Nature (53%)
          Digital Science
          See alsoSubsidiaries and imprints

          German newspaper Die Zeit in newsstand
          In Germany:

          S. Fischer Verlag
          FISCHER Krüger[5]
          Argon Verlag [de]
          FISCHER Scherz[6]
          Rowohlt Verlag
          Kiepenheuer & Witsch (85%)
          Verlagsgruppe Droemer Knaur (50%)
          O.W. Barth
          Die Zeit (50%)
          In the United States:
          Using the Macmillan name:

          Farrar, Straus and Giroux
          Faber & Faber (formerly; ended partnership in 2015)
          Henry Holt and Company
          Holt Paperbacks
          Metropolitan Books
          Times Books
          Owl Books
          Palgrave Macmillan
          Picador
          Roaring Brook Press
          Neal Porter Books
          First Second Books
          St. Martin’s Press
          Thomas Dunne Books
          Tom Doherty Associates
          Tor Books
          Forge Books
          Bedford, Freeman and Worth Publishing Group
          W.H. Freeman
          Bedford-St. Martin’s
          Worth Publishers
          Macmillan Learning
          Hayden-McNeil
          Nature Publishing Group
          Scientific American
          Using the Audio Renaissance name in Southfield, Michigan:

          Renaissance Media[7]
          In the United Kingdom:

          Macmillan Publishers
          Palgrave Macmillan
          Pan Macmillan
          Macmillan
          Pan Books
          Picador
          Macmillan Children’s Books
          Campbell Books
          Priddy Books
          Boxtree
          Sidgwick & Jackson
          Macmillan Education
          Springer Nature (53%)
          Digital Science

          1. Also, per Wikipedia …

            “Nature Portfolio (formerly known as Nature Publishing Group and Nature Research[1]) is a division of the international scientific publishing company Springer Nature that publishes academic journals, magazines, online databases, and services in science and medicine. Nature Research’s flagship publication is Nature, a weekly multidisciplinary journal first published in 1869. It also publishes the Nature-titled research journals, Nature Reviews journals (since 2000),[2] society-owned academic journals, and a range of open access journals, including Scientific Reports and Nature Communications. Springer Nature also publishes Scientific American in 16 languages, a magazine intended for the general public. In 2013, prior to the merger with Springer and the creation of Springer Nature, Nature Publishing Group’s owner, Holtzbrinck Publishing Group, bought a controlling stake[3][4] in Frontiers.[5]

            “Before Springer Nature was formed in 2015, Nature Research (as the Nature Publishing Group) was a part of Macmillan Science and Education, a fully owned subsidiary of Holtzbrinck Publishing Group.[6]”

            Holtzbrinck Publishing Group, a German company, has a lock on scientific information. They get to decide what is science and what is not science, what gets to be published and what does not get to be published.

      1. “God ain’t made a man that could stand up to the power that lays between a woman’s thighs. You see, the hold that little cooter has on a man’s life is unbreakable. It can bring a strong man to his knees.” —Prentice Ritter, about why he lives on the range.

        1. When she was just starting out as a grad student, she was one of the more objective observers when it came to reporting on the American militia movement. But to get a paid professorship at Vanderbilt, she obviously had to toe the globalist line when it came to The Narrative and how it depicts militias.

    5. I noticed years ago that “Scientific American” was neither scientific nor American. Now everyone else will know that too.

        1. RR, from yesterday, I do not qualify for monoclonal antibodies because I’m in my 40’s, have a 25 BMI and no pre-existing conditions. I’m not a severe risk. I caught it at a bar the day before thanksgiving, got sick the Sunday but the worthless antigen said negative! Had the full course of fever, chills, loss of taste, etc. it took a week after that and my lungs went from coughing to heavy. I drove myself to Er on day 7 of symptoms and they sent me home with a cough suppressant and ambuterol. Two days later my o2 dropped to 88% and i drove myself to Er again and triage freaked out when my 88% o2 lasted for like 20 mins at rest. The admitted me right away and sent me to the covid floor. It’s like yeah dude, I was here two days ago, you did jack for me, and now I’m back! Then my states morbidly obese gov gives a press conference complaining the hospitals are filling up. Well yeah, because the only treatment they give for high risk patients is regeneron (which now my state is apparently abandoning because Ron DeSantis says it works and is good, everything is politics here). All regular people with bad cases of covid are given no treatment until they suffocate from low oxygen. It’s scandalous that I can walk into the Er with a bad case of covid and clearly deterioring and they can’t give me a antibodies, or ivermectin, or some hql or any of the other medicines scientists all around the world use to keep their cases low. And then Biden whines we have too many deaths. DUH!!!!

          1. Why did I get so sick? My working theory is that I got a high viral load. My unvaccinated friend who I met at the bar also got really sick but didn’t require hospitalization for his covid pneumonia. I was at the bar for about 25 mins longer than he was but we were there for hours. He passed the virus on to about 10 other people and none of them got as sick as he or I did, and I passed it on to my family and none of them got as sick as we didn’t.

          2. Sadly, your experience is not unique. I barely qualified for the monoclonal antibodies in late August but that was before the Biden administration started interfering with distribution.

  5. Shares in Chinese property developers rallied yesterday as Evergrande assured 1.5 million bagholders who put down big deposits on skyboxes that work has resumed at 92% of construction projects…a completely meaningless assurance since the company is in arrears to countless suppliers, contractors, and workers who are not going to give free labor and material to an insolvent company with $300B in debt.

    Coupon Payment Deadline Passes, Stocks Slide: Evergrande Update

    https://finance.yahoo.com/news/focus-two-dollar-bond-coupon-005456457.html

    (Bloomberg) — China Evergrande Group passed another debt deadline with no sign of payment, after coupons came due Tuesday on two dollar notes, both with a 30-day grace period before a default can be declared.
    Evergrande has been turning its attention to delivering homes and paying workers even as debt payments loom. The embattled developer was labeled a defaulter by international ratings firms for the first time earlier this month after it failed to repay liabilities on time. Still, the paying agent and transfer agent for the latest two bonds is Citibank London Branch, according to a prospectus seen by Bloomberg News. Tuesday was a public holiday in the U.K.

  6. The CDC has about as much credibility as the Fed.

    CDC gets it SERIOUSLY wrong: Agency revises estimate of Omicron prevalence in U.S. and now says it was only responsible for 23% of all new cases – NOT 73%: Delta still dominates as America records all-time daily high of 254,496 cases

    https://www.dailymail.co.uk/news/article-10351995/CDC-slashes-estimate-Omicrons-prevalence-50-23-cases.html

    The impact the Omicron variant has had on the nation’s skyrocketing Covid infections may have been overblown by as much as 50 percentage points after the Centers for Disease Control and Prevention slashed its estimate for the prevalence of the strain in COVID-19 cases on Tuesday.

    The agency released a revised chart on Tuesday showing that the new variant accounted for 23 percent of all cases for the week ending on December 18, as opposed to the 73 percent it originally reported.

    The chart showed that the Omicron variant accounted for 59 percent of all new cases for the week ending on December 25, meaning the Delta variant has been accounting for far more infections than the agency initially thought.

    1. There is no such thing as a “case” of COVID.

      COVID “vaccines” are not vaccines.

      Nuremburg v2.0 is coming…

      1. You keep saying this but the Italians and Iranians in feb 2020 were diagnosing covid-19 pneumonia by a very distinctive X-ray pattern common only in viral pneumonia, the ground glass opacity, that was showing up Covid is very real, it’s a modified cave bat virus. The vaccines suck. But to say covid isn’t real is a disservice to guys like me who spent two weeks in the covid ward at my hospital breathing oxygen through a tube because I gasped for breath every time I tried to stand up and walk. Covid is very real, most people survive, we need to learn to deal with this, shutdowns and mandates don’t work either

        1. You keep saying this

          Deplorable’s point isn’t that Covid doesn’t exist, but that the tests are bogus and unreliable, and tend to give false positives, which is why we were all encouraged to get tested before Christmas get togethers, even if we felt fine. The objective was for the number of “cases” to soar, to help restart the panic. It’s all about getting the public to panic.

        2. ‘to say covid isn’t real is a disservice to guys like me’

          That’s a strange thing to say.

          Why haven’t they isolated it? Not enough time has passed?

          3. AFAICT, people claiming the virus hasn’t been isolated are relying on Koch’s postulates which predate our understanding of viruses.

  7. It chalks up as a loss for Snyder, who bought the nearly 19,000-square-foot home for $17.21 million in 2012. She first flipped it onto the market for $19.8 million in 2017 before dropping the price to $16.8 million earlier this year, records show.”

    Weren’t gonna give it away, huh, Greedhead Lynsi with an i?

    1. “New York’s finest are going after the REAL threat.”

      Thought about this incident and others like it after posting about the 13 year old running from the cops below.

      It seems the world is not as simple as it used to be when it comes to dealing with the authorities. If I am pulled over today for a traffic infraction or if I were (although at this point in my life I don’t think it would ever happen again) in a fistfight or brawl where the police were called I would treat the police with respect and comply with their orders completely.

      However, if I was at an establishment where the police were acting like thugs enforcing what I would consider unconstitutional laws or knocking down my door and searching my home I don’t believe I would behave in the same manner.

  9. Stiffing realtors…now that’s just wrong. Color that money gone, baggies.

    Evergrande Crisis: Centaline Property Agency plans further legal action against embattled developer’s Hong Kong subsidiary to recoup ‘unpaid commission’

    https://www.scmp.com/business/china-business/article/3161462/evergrande-crisis-centaline-property-agency-plans-further

    Hong Kong’s biggest property sales agency plans to take further legal action against a subsidiary of China Evergrande Group to recoup “unpaid commission” from the troubled developer.

    Centaline Property Agency said it will apply through the courts to chase HK$113 million (US$14.5 million) it claims it is owed by Evergrande’s Hong Kong unit.

    The fees applied to 520 units of the Emerald Bay residential project in Tuen Mun accrued by more than 560 agents, Centaline said in an emailed statement on Wednesday.

  11. The Joy Of Vibrancy.

    I got woke up at 4:15 this morning to the sound of a Vibrant underneath a neighbor’s truck sawing off the catalytic converter. I realized immediately what was happening and opened the window and yelled at them (in English) and the Vibrant got spooked and ran. The neighbor also saw them and started yelling.

    Two cop cars showed up surprisingly quickly, and I saw the neighbor talking to them to give a police report that will never be solved.

    Yet another confirmation of: Vote like California, become California.

    1. “and I saw the neighbor talking to them to give a police report that will never be solved.”

      Cop : Let’s see, that’s one tv, a stereo, one leather jacket, a VCR, and a computer. Is that about it?

      Elaine : Answering machine.

      Jerry : *Answering machine*. Boy, I hate the idea of somebody out there returning my calls.

      Cop : What do you mean?

      Jerry : It’s a joke.

      Cop : I see. Well, Mr Seinfeld, we’ll look into it and we’ll let you know if we, you know, if we find anything.

      Jerry : Do you ever find anything?

      Cop : No.

      Seinfeld, “Robbery”.

      0:59

      https://youtu.be/yihDWRs3_RA

  12. No mention of why this kid’s father didn’t teach him to say yes sir no sir to the police and do exactly what they ask like my old man started telling me at the age of 10. Or why this family allowed a 13 year old kid to ride a dirt bike like a maniac on the streets.

    No, it’s someone else’s fault and we need “Justice for SJ,”.

    I’m sorry you didn’t have someone like that in your life kid.

    RIP SJ.

    Surveillance video shows beginning of attempted traffic stop before teen’s deadly dirt bike crash

    WPBF
    Dec 29, 2021

    Surveillance video shows the teen filling up his dirt bike with gas, paying for the gas and then quickly driving away as police came into the gas station parking area.

    Troopers said the teen was traveling northbound on U.S. Highway 1 near NE Eighth Avenue when he hit the median curb, was ejected and hit a sign located in the median.

    The 13-year-old died at the scene, officials said. On Sunday, WPBF 25 News spoke to family members about the teen, who the family identified as Stanley Davis Jr.

    https://www.wpbf.com/article/young-person-died-after-attempted-traffic-stop-in-boynton-beach/38616182

    Family of teen protests outside Boynton Beach Police Department after dirt bike death

    by Lena Salzbank
    Tuesday, December 28th 2021

    BOYNTON BEACH, Fla (CBS12) — Family and friends of Stanley Davis Jr., peacefully protested outside of the Boynton Beach Police Department Tuesday night.

    The community is asking for transparency after the 13-year-old boy died during a dirt bike accident involving a police officer.

    “Justice for SJ,” could be heard outside the police department.

    https://cbs12.com/news/local/family-of-teen-protests-outside-boynton-beach-police-department-after-dirt-bike-death

      1. Quercetin Against SARS-CoV-2

        ‘In Part 2 of the anthology, Modern Discontent reviews the evidence behind the recommendation to use quercetin against COVID-19 specifically. As mentioned, zinc has antiviral activity, and quercetin helps shuttle the zinc into the cell. But quercetin also has other mechanisms of action that make it useful in the fight against COVID-19.’

        https://www.theepochtimes.com/fights-covid-like-hydroxychloroquine-yet-easier-to-find_4179040.html

        I recently got a bottle of this mixed with zinc at the health food store for under 7 bucks.

      2. excellent presentation

        Probably one of the best I’ve seen in terms of accessibility and comprehensiveness.

      3. Dr. Robert Malone, who tweeted that presentation this morning, just had his account suspended by Twitter.

        1. I suggest that Jack Dorsey have his head suspended from the rest of his body.

          Did you know that all of these globalists have names and addresses?

          1. Did you know that all of these globalists have names and addresses?

            They probably also have military trained bodyguards.

          2. I remember when Czarly Fiorina was HP’s CEO. She once graced us with a visit at the Fort Collins campus. She had three bodyguards, IIRC. This was about 20 years ago. And in the big picture, she was a nobody.

          1. I have written off all mainstream social media platforms. They are agents for the enemy. Even innocuous ones like NextDoor are heavily censored.

          2. Even innocuous ones like NextDoor

            Nextdoor deleted a post about an abandoned and left for dead dog that someone rescued on Christmas Day. Someone may have said something bad about the Human Society. Who knows. The post had info of people willing to assist with vet bills and to adopt.

  18. This is what will come out , if the truth of the corruption of Medicine by Big Pharmacy comes out.

    1. Pharmaceuticals have been listed as the third and forth cause of death in US for over a decade, which suggest a breakdown on safety .
    2. The evidence shows a rigging of test trials to get bad medicine passed.
    3. The evidence shows extortion of scientists, de-funding of Scientist/ Drs , job threat to Scientists/Drs that don’t support unsafe meds and vaccines.
    4.The evidence shows tax dollars directed to a vaccine for everything, in which Big Pharmacy can escape liability on the products made, that are called vaccines.
    5. Fauci funded research with China to create disease bio weapons , while they registered patents of vaccines to cure the bio weapon created.
    6. Fake testing of a declared Pandemic , with false projections of death count to fear monger, and push lockdowns, masks, and mass vaccinations forced on public. Suppression and censorship of cheap drugs that were highly effective in treating Covid , that would of stopped emergency use authorization of a expiermental vaccine, that isn’t a vaccine, with no long term safety tests.
    7 The evidence shows that they tried to get this gene tampering technology passed before the Covid outbreak, but it didn’t pass scrunty. Its had to be unleashed under a emergency use basis , under a fake Pandemic .
    8 Vaccines are cheaper to produce because they make your own body produce the so called culprit spike. Computer sequence used by Big Pharmacy provided by China , to make the vaccines , that they had before the Pandemic started. No true isolation of the Covid 19 virus, all based on computer sequencing . In other words , no real proof that Covid 19 was causing the cases.
    9. Bribery to hospitals to apply Fauci killer protocol to Covid patients and up to 100 k extra paid if a Covid death occurred after killer protocol applied .
    10. Threat of job loss to Drs and health care workers if they didn’t conform to the killing protocols. On and on.

    Do you really want to have a Doctor that is being threatened by job loss, or is being bribed , to give you a recommendation on anything when they are under the thumb of Big Pharmacy. Big Pharmacy is a criminal product maker that corrupted Medical system . Now Big Pharmacy wants you to be forced to take their poison, or not be able to function.

    Obamacare was the set up to move into the Medical Tyranny. Obama even tried to get a couple of Panademics going in his term of President, but they fizzled out.

    1. Wouldn’t it be ironic if the code sequence of the “vaccine”, provided by our friends in the CCP, had no relationship at all to the Wuhan Flu, also provided by our friends in the CCP?

      Never mind my wild imagination.

      2. Maybe that’s another reason why the vaccines don’t work. Don’t rule out that they released toxins to up cases of respiratory distress. I would not put it pass them.
        I have no doubt that China is in on this Covid Fraud emergency Pandemic.
        Interesting how no way is China employing mass vaccination of gene tampering expiermental vaccines.

        1. Interesting how no way is China employing mass vaccination of gene tampering expiermental vaccines.

          My understanding is that they have jabbed a billion of their people, with their own in house spike protein cocktail.

        2. Don’t overthink the plot: develop bioweapon and “vaccine” at taxpayer expense to achieve deaths, profits and power.

  19. I read yesterday that our CDC has reduced quarantine time to five days. This morning my nurse daughter tells me they now say healthcare workers may go to work if Covid positive without any quarantine time.

    Apparently “The Science” is quite flexible.

    1. Apparently “The Science” is quite flexible.

      As Hercule Poirot would say: “N’est-ce Pas?”

      I’m also sure Poirot would wonder how many of those who are testing positive are asymptomatic? In other words, not sick.

    2. “The Science” is quite flexible

      We’ve known that since summer 2020, when smashing out the windows of Starbucks and burning down Wendy’s granted blanket immunity to CCP Flu, but going to some Orange Man biker rally in Sturgis, SD killed ten billion grandmas.

      “they’re not sending their best”

  20. https://youtu.be/nv33eaygVDQ
    Bobby Gentry – Ode to Billy Joe

    “It had three small rooms just another shanty anyways.
    She was out shopping houses with a realtor on a saturday.
    And at dinner time she signed a contract on a shack in suburban DC.
    The realtor hollered out the back door there’s no need to stamp your feet.
    Then he said I got some news this morning from Rocket Mortgage.
    Today you’re deep in mortgage debt so go and jump from the nearest bridge.”

    Falmouth, ME Housing Prices Crater 15% YOY As The Long Flatulent Sound Of Toxic Gas Escapes From Housing Bubble

    https://www.movoto.com/falmouth-me/market-trends/

  21. Basically, Big Globlist Monopoly Corporations, Money Changers, Wall Street Casinos, Elites, Big Pharmacy , etc, corrupted US Government and other Governments to take over for a One World Order Dictorship by these Entities.

    These Entities have been rigging the deck for a long time, they are looting systems of extraction of public wealth and tax dollars.

    They have probably been rigging a lot of elections to put all their puppets in .
    I think they want another lock down so they can rig the 2022 election , as they did the 2020 National Election.
    Is the fake testing going to work this time, to hype up Omicron? Is omicron even the culprit causing any of the ICU deaths, in that the evidence shows its mild. Is omicron just a regular flu strain being pitched as a variant of Covid?
    Why do the censored Scientists and Doctors have such a dramatically different opinion on the Fauci/Biden /Fake news narratives?
    Government isn’t going to stop the con job because they are in on the con job. The public who is the victim of their fraud has to stop it. The question is how to stop it in a effective manner, without triggering a civil war or something that would advance the strategy of the enemy.
    Its a given that they will go for rigging 2022 election, but how is that stopped?
    They loot to get money than they use the money to corrupt the systems.

    1. Yea Google maps gave them alternative routes through the mountains.

      And in other news about the ongoing CA drought

      “The UC Berkeley Central Sierra Snow Lab in Soda Springs, California, reported 8 additional inches of snow in the last 24 hours on December 29, contributing to already record-breaking accumulation.

      The weather lab said the facility in the Sierra Nevada mountains had received 258 percent of its average amount of snow to that date, and 70 percent of the average snowfall for the entire season.”

      1. We’ve seen this before.

        In preparation for this change, CDC recommends clinical laboratories and testing sites that have been using the CDC 2019-nCoV RT-PCR assay select and begin their transition to another FDA-authorized COVID-19 test.

        So, one of many tests didn’t work, so they’re recalling it and telling labs to switch to other tests. Big whoop.
        This is SOP for anything from Toyotas to contaminated lettuce.

        1. Wrong.

          The PCR test produced false positives like all other PCR tests. All those test results are invalid.

    2. Hate to tell you, but the new tests are just as bad.
      This was all about fake testing all along to fear monger a Pandemic.
      And so now you know how the regular flu just vanished.
      So, they think that if they disclose their fraud , after they have already benefited from the fraud, that somehow it absolves them of their fraud.

  24. China: Public shaming returns amid Covid fears

    Published2 hours ago

    https://www.bbc.com/news/world-asia-china-59818971

    Chinese Police Publicly Shame Covid Lockdown Violaters By Parading Them Through Streets

    by Kelen McBreen
    December 29th 2021, 12:52 pm

    Many people gathered to watch the suspects get escorted down the street on Tuesday as police forced them to wear full hazmat suits and to carry signs showing their faces and names.

    Watch below as armed officers escort the supposed Covid criminals.

    A video going viral online claims to show more Chinese lockdown violators being publicly punished, this time by being paraded in a truck used to transport pigs.

    https://www.infowars.com/

    2. You know the DNC is looking on with envy, yearning for the day Democrat-Bolshevik Comrades of Proven Worth can exert the same unchecked tyranny and “public security” as their CCP ideological clones.

      Chinese lockdown rule-breakers are publicly shamed and paraded through the streets carrying placards with their names on in bid to ensure Covid rules are obeyed

      https://www.dailymail.co.uk/news/article-10352249/Chinese-lockdown-rule-breakers-publicly-shamed-ensure-Covid-rules-obeyed.html

      Armed riot police in southern China have paraded four alleged violators of Covid rules through the streets, leading to criticism of the government’s heavy handed approach.

      Four masked suspects in hazmat suits – carrying placards displaying their photos and names – were paraded Tuesday in front of a large crowd in Guangxi region’s Jingxi city.

  25. Corporations act on their own self serving interest, so they could never be representative government of the people.

  26. OMG,
    On fake news Anderson Cooper and Bill Gates were discussing how Social Security should be taken from any beneficiary that refuses to take the vaccine.
    Is that legal?

    Isn’t it enough that they polished off thousands and thousands of elderly during this Covid Pandemic.
    They have had a high compliance rate by the older people in taking this vaccine to begin with. Now they want to go after the hold outs, maybe the elderly who won’t take booster after booster shot.

    1. It won’t be much longer now, Housing Wizard.

      I know HBB might not like John Campbell PhD, but his videos are reporting better and better news. Today he’s reporting UK data which said that 80% of omicron “hospital” cases are incidental. These b@st@rd globalists have about six weeks left of this and then hospitalizations and deaths are going to drop almost everywhere. They will have no more fear or death to cling to.

      1. I know HBB might not like John Campbell PhD,
        I like his analysis and he always provides links to his sources so you can read the reports if you so desire, and decide for yourself.
        He has been saying that Omicron should be the end of the Pandemic and has repeatedly said it appears to be no worse than a cold for MOST people. And if I recall correctly, one of his guests stated that 50% of the “colds” tested were actually Omicron covid cases.

    2. Not possible, Biden assured us during the campaign that Social Security was a “sacred compact” forever etched in stone and enshrined in the Constitution. This was in response to Trump’s suggesting a slight change in the methodology used to compute the COL.

  27. 225K GBP is about $400,000 US. Heckova job, central bankers.

    Gorgeous grade II-listed Georgian house could be yours for £225,000 but is there room to swing a cat? One of Britain’s SMALLEST detached houses goes up for sale

    https://www.dailymail.co.uk/news/article-10352815/Gorgeous-grade-II-listed-Georgian-house-225-000.html

    One of Britains smallest detached houses has gone on sale for £225,000 as a grade II-listed Georgian residence.

    The tiny property on the Grimston Park Estate in Tadcaster, North Yorkshire, measures just 10ft 5ins by 8ft 6ins above ground and is just 408sq ft.

    The cube-shaped home is up for sale for a quarter of a million pounds, complete with an underground living quarters and spiral staircase.

      1. That was my first reaction. Appears to be a gate house to what was once a grand country estate, now McMansioned.

  30. The globalists & their Quislings are going to keep expanding the definitions of terms like “insurrectionist” and “extremist” to encompass any and all who express non-Narrative Compliant views that in our former America were considered protected First Amendment speech. #FJB

    MSNBC: Saying ‘Let’s Go, Brandon’ Is Part of ‘Slow-Moving Insurrection’

    https://www.newsbusters.org/blogs/nb/kevin-tober/2021/12/28/msnbc-saying-lets-go-brandon-part-slow-moving-insurrection

    In MSNBC’s ongoing obsession with labeling anyone who dares to disagree with their left-wing agenda an “insurrectionist,” Deadline: White House host Nicole Wallace laughably claimed on Monday that the Oregon father who said “let’s go, Brandon” to President Joe Biden was part of a “slow-motion insurrection”.

    1. dares to disagree with their left-wing agenda an “insurrectionist

      2022 is just around the corner and these tools can go back to being the rejected minority trying to overthrow the government.

      1. these tools can go back to being the rejected minority

        Keep in mind that they don’t have to steal every congressional seat, just a select number. There are, unfortunately, many districts that will continue to elect Dems, no matter how unbearable things become

        1. I’m not so sure. In 2020 “they” only needed a relative few (under a thousand?) “soldiers” to pad a few blue districts enough to affect an entire purple state. In 2022, they would have to do this at a much more local and granular level for individual Congressional districts. And this time, they won’t have a pandemic, they won’t have a single hated name to unite against, they know the risk of getting caught is much higher, and they would have to recruit in purple districts. I don’t think they could pull it off.

          2. You really think after stealing one election, they’re gonna lie down and let republicans take an honest win in 2022? Heck no, They’re never going to voluntarily give up their power. They are the coup. Their 2022 shenanigans after the lose the house and senate are going to make Stop the Steal and J6 look like child’s play.

          3. My understanding is that there are only 44 Dem seats in the House that are “at risk”, so that’s where they need to cheat. No point in cheating where they know they will win and cheating in districts where the GOP is entrenched could be a waste of time. I don’t see it being all that hard for them to cheat and protect those seats, with more 2AM “miracles” snatching victory from the jaws of defeat.

            And if through some miracle the GOP recovers the House and Senate, expect a repeat of 2020’s BLM and Antifa riots and unrest in 2023, with Dem mayors and governors sitting on their hands again while their cities are once again looted and burned to the ground and the National Guard is nowhere to be found.

    2. If you don’t go along with FAKE NEWS narratives, or Biden, or Fauci, or Klaus Schwab , or captive treasonous Government, your a Innsurrectist. And if your white you have two strikes against you. If your white and unvaccinated you got three strikes against you.

    3. Imagine if some loose cannon from 4chan went off his meds and was able to successfully barricade all the exits to the MSNBC building and burn it down with all the Real Journalists locked inside?

      Imagine that happening, within a fictional game of Minecraft, of course…

    4. “Deadline: White House host Nicole Wallace laughably claimed on Monday that the Oregon father who said “let’s go, Brandon” to President Joe Biden was part of a “slow-motion insurrection”.

      I don’t recall Nicole Wallace having any problem with Kathy Griffin’s pic holding up President Trump’s bloody ‘decapitated’ head.

      Kathy Griffin retweets pic of bloody ‘decapitated’ Trump head after president claims victory in 2020 election

      Tariq Tahir

      10:23 ET, Nov 4 2020Updated: 16:25 ET, Aug 3 2021

      In a press conference just after 2am, Trump claimed he had won the election and promised to go to the Supreme Court.

      A few minutes later Griffin re-shared the photo to her Twitter feed without comment it has so far has being liked nearly 43,000 times.

      https://www.the-sun.com/news/1742978/kathy-griffin-decapitated-trump-head-election/

  31. They will have no more fear or death to cling to.”

    They will pivot and say they defeated the virus and saved us all .

    1. I don’t know. In places like Oz and NZ, all it takes to decree yet another lockdown is for a handful of people to test positive. They aren’t sounding the all clear, and I doubt our thugs will ever do so either.

      Auckland, NZ just came out of a 100 day lockdown. At its worst, the country had 200 cases per day, which we know means it was actually a lot less. And for that everyone was placed under house arrest.

      As long as even just a handful of people are “infected” the “emergency” will never be over and they will screech as loud as ever to get jabbed /boosted before it’s too late, and will continue to strip away our liberties.

        1. Next year is make or break. Either we put a stop to this nonsense or we will live with it forever. And I will acknowledge that the US is not Oz or Kiwiland, so if anyone will succeed at pushing back, it will be us.

          So we have to completely defeat the mandates, all of them. As in no more court decisions to reinstate them. And not allow vax passports to be required to travel, not on airplanes or to cross state lines.

          At this point I’m not sure how the Supremes will rule on mandates. If they say they’re OK, then we have our work cut out for us.

  32. Realtors Remove Crime Heat Maps – Watch

    Jon Bowne | Infowars.com
    December 29th 2021, 2:19 pm

    When considering a home, crime statistics are at the top of the list, but due to the current tsunami of cultural Marxist woke-ism, realty sites are “re-imagining” crime.

    As homicide rates Skyrocket, realtors are protecting their bottom lines skewing reality and putting potential buyers in harm’s way.

    A concerned Infowars viewer recently emailed Realtor.com, questioning if the crime map had been removed due to technical reasons.

    Realtor.com replied saying it had been removed on purpose, defaulting to the popular corporate misnomer that crime statistics are racist, self-righteously purporting fair housing for all.

    comments

    1 hour ago
    Realtors have always been a corrupt criminal cartel in America.
    American greed destroys American lives.

    https://www.infowars.com/posts/realtors-remove-crime-heat-maps-watch/

    2. I wonder how long until social media, like NextDoor, begins to censor crime reports? It shouldn’t be long.

      I suppose that homeowner’s insurance premiums could be used as a proxy for crime levels.

      1. I suppose that homeowner’s insurance premiums could be used as a proxy for crime levels.
        Interesting thought. Next time I talk with my agent I will try and remember to ask his opinion on that idea.

    3. Given the NAR’s long history of lying, embezzling, deliberate misrepresentations and street level crimes against individuals, this is really business as usual for them.

      The day has long since passed when NAR could atone for their actions. They are a bonafide criminal organization and should be treated as such.

  33. A “national divorce” is an idea whose time has come. No decent, productive person wants to live under Democrat-Bolshevik malgovernance or globalist Quisling regimes and all their associated crime & corruption. Banish the libtards to the blue states, and let them stew in their own juice.

    Majorie Taylor Greene calls for a ‘National Divorce’ from the East and West coasts and TAXES on Californians and New Yorkers moving to different parts of the country

    https://www.dailymail.co.uk/news/article-10353585/Majorie-Taylor-Greene-calls-National-Divorce-Democrat-Republican-run-states.html

    Republican Rep. Marjorie Taylor Green of Georgia on Wednesday backed calls for an added tax for Americans moving to red states from the blue strongholds of California and New York.

    She went on to advocate for a ‘national divorce’ between Democrat-run and Republican-run states.

    1. There is no way the Bolsheviks would agree to a national divorce.

      They want the whole enchilada. All of it.

  35. Just noticed that Zillow it appears may have started removing Zillow owned listings in Phoenix that underwent price cuts and still didn’t sell.

    1. I guess it is Zillow’s prerogative to hang onto those investment homes and lose more money as their prices drop further, similar to how Lynsi Snyder kept hanging on to her house for years until she lost boatloads of money.

      1. In 2009 I remember banks allowing FBs to squat in their homes without paying the mortgage, sometimes for years. It was better to keep the house on the books (and maintained) than to sell for a loss. I don’t know if Zillow has the resources to do that.

  36. ‘A combination of concerns about the economy and affordability challenges exacerbated by sustained appreciation in home prices over the last 18 months will temper homebuyer enthusiasm. Price cutting by sellers will further moderate house price appreciation.’

    Translation: Sell now, or get priced in forever.

    ‘In the latest issue of the Home Purchase Sentiment Index, which tabulates national consumer sentiment, Fannie Mae reported that consumers expressed ‘their greatest economic pessimism in 10 years.’

    Sounds like they aren’t offering enough loans to buyers in the $1+ million price range.

      1. a novelist

        After leaving the New York Times where he covered the pharmaceutical and health care industries, specializing in the coverage of dangerous drugs.

        1. Non-fiction works:
          Tell Your Children: The Truth About Marijuana, Mental Illness and Violence (2019)
          Pandemia: How Coronavirus Hysteria Took Over Our Government, Rights, and Lives (2021)
          Unreported Truths about COVID-19 and Lockdowns: Part 1: Introduction and Death Counts and Estimates (2020)
          Unreported Truths about COVID-19 and Lockdowns: Part 2: Update and Examination of Lockdowns as a Strategy (2020)
          Unreported Truths About Covid-19 and Lockdowns: Part 3: Masks (2020)
          Unreported Truths About Covid-19 and Lockdowns: Combined Parts 1-3: Death Counts, Lockdowns, and Masks (2020)
          Unreported Truths About Covid-19 and Lockdowns: Part 4: Vaccines (2021)

  39. Check out this Zillow beauty in the Austin area. I hear it’s a red hot market. 136 Shearwater Ln, Leander, TX 78641. Listed 9/22 for 522K yours today for 394K. Still no takers!

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