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Everyone Thought The Housing Binge Would Last And The Only Direction For Prices Was Up

It’s Friday desk clearing time for this blogger. “California’s $5.2 billion pandemic rental relief fund is running out of money. ‘Many owners have received no rent for months. They cannot pay their taxes, mortgages and other expenses if the rent continues to go unpaid,’ said Debra Carlton, executive vice president of the California Apartment Association.”

“City Solicitor Michael Traynor said it was his understanding that the attorneys seeking to shut down Boston’s moratorium were also seeking for those communities to stop as well. ‘I don’t see anything in this proposal that is balanced that way,’ said Councilor-at-Large Morris Bergman, adding that District 5 Councilor Etel Haxhiaj’s order ‘leans hard’ toward the tenant side of the argument, while making landlords whole appeared to be included as ‘wishful thinking.'”

“Frustrations are growing among some Connecticut landlords who say they are waiting for months to get paid through the state’s rental assistance program. Oz Pariser, a landlord with 56 units, said he has pending applications from August and September that haven’t been paid. ‘It kind of in spirit, in theory, it’s a good idea, providing all this funding for people to pay their rent, but in reality, it’s not effective,’ Pariser said. ‘It’s a nightmare. I’ve had to cut back personally. If it continues this way, it will cut into the bills and we will have to find different ways to support the property.'”

“Teresa Giudice doesn’t seem to have any luck when it comes to selling the longtime marital home she shared with her ex, Joe Giudice. The ‘Real Housewives of New Jersey’ star has slashed the price of her Montville, New Jersey home once again. Giudice is ‘desperate to unload the property,’ an insider revealed.”

“The Old South home of a disgraced London financial adviser charged with fraud and facing multiple lawsuits has hit the market at a price sure to raise eyebrows. The high-end home at 152 Elmwood Ave., just east of Wortley Road, has sat vacant for more than a year after legal troubles first surfaced for Chanrith Yin, 41, who is accused of defrauding investors out of $1.5 million.”

“TD Bank is selling the house, and offers will be accepted on Jan. 24, the agent said. Property records show Yin took out a mortgage from TD Bank for $1.74 million in 2018. He also took out another $1.1 million in mortgages from private lenders, including a $300,000 loan from the wife of an alleged Hells Angels member. TD is suing Yin for $1 million, alleging he defaulted on mortgages on the two units.”

“More construction companies will fold this year as lock-in contracts leave builders unable to pass on the rising cost of labour and supplies, the Master Builders Association warns. Two Queensland firms, Privium and BA Murphy, went into liquidation just before Christmas, with customers and subcontractors waiting to find out how much, if anything, they will get from the wash up. BA Murphy also had 50 unfinished building projects across Australia, including 21 in Queensland, 18 in Victoria and about 11 in New South Wales. Meanwhile, the final amount owed by Privium is likely to be more. The company has 831 unfinished contracts around Australia and records show a $28m dollar loss in the 2020 financial year.”

“House prices will fall further than expected this year, ANZ economists say. The bank has downgraded its outlook to a 7 per cent decline in prices, from its earlier forecast of a 3 per cent fall. Higher mortgage rates, affordability constraints, and tighter credit conditions, suggested more moderation was to come, ANZ chief economist Sharon Zollner said. ‘At this stage, we’d still classify our price outlook as a soft landing. A severe contraction in prices would require a significant household income shock, forcing the sale of properties. That’s always a possibility, but it’s not our central forecast. Supply continuing to outstrip new demand limits the likelihood that prices will get wind in their sails again any time soon.'”

“In Yanjiao, a town about 40 km east of downtown Beijing, David Wu has found a novel way to deal with the 13,000 yuan ($2837)-a-month mortgage he can no longer afford. Instead of listing his three-bedroom apartment for rent or sale, the 32-year-old office worker, who makes 7000 yuan a month, has offered to give it away to anyone willing to shoulder the cost.”

“Four years after bought the apartment for 3.9 million yuan and later leased it out for 2500 yuan a month, the property is worth less than 1.5 million yuan and rents have not budged. ‘I thought I could make a fortune from the investment,’ he said. ‘It ended up being a nightmare.'”

“Wu is one of many property owners in Yanjiao, once an investment hotspot thanks to its proximity to the capital, who were tripped up by the town’s decision in 2017 to adopt some of the nation’s toughest purchase restrictions to curb property speculation.”

“New housing sales in Yanjiao, by floor space, increased 150 per cent from 2014 to 2016, according to E-House China, a Shanghai-based real estate consultancy. ‘Everyone thought the housing binge would last and the only direction for property prices was up,’ said Wu.”

“While some distressed homeowners, such as Wu, are offering their flats for free to anyone willing to take on the mortgage, others have had to default. A local bankruptcy court judge, who asked not to be named, said he was struggling to keep up with the resulting workload. ‘I have stopped giving free tours of the foreclosed houses,’ the judge said. ‘There are too many of them.'”

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This Post Has 86 Comments

  1. ‘A severe contraction in prices would require a significant household income shock, forcing the sale of properties’

    If shack prices stop going up, and they have, yer gonna get yer income shock Sharon.

    1. “…would require a significant household income shock…”

      Text message to Sharon Zollner: Inflation will do it for ya’

      Random personal examples:

      A bottle of my favorite hot sauce *doubled* in price as of last week..

      As of this past Monday, my homeowners insurance premium increased 25% YOY. Agents response: Inflation (AKA greed).

      Here in SoCal, a gallon of gas is now pushing $5.00

      1. Who would have thought giving away free money would be so expensive ? Seems like Biden’s crew is spending most of its time going after trump and ignoring reality. Some war of the roses @# here.

      2. my homeowners insurance premium increased 25% YOY. Agents response: Inflation (AKA greed).

        Inflation in what? House prices? Insurance company office supplies? CEO bonuses?

  2. ‘They cannot pay their taxes, mortgages and other expenses’

    Which brings up the question: how can these bonds be triple A if the basic concept of private ownership hasn’t been resolved?

    ‘It’s a nightmare. I’ve had to cut back personally. If it continues this way, it will cut into the bills and we will have to find different ways to support the property’

    Hey Oz, I hear those trampoline things are popular. Insurance might be pricey.

  3. Also from the MA article:

    ‘Nguyen said despite an attempt to shift the narrative, the city is not yet at the recovery stage of COVID-19 — it’s still in a state of emergency, and as policy makers, the council needs to take items like Haxhiaj’s order seriously. Nguyen said people carry the burden of the impact of the pandemic and the city needs to do a better job supporting them.’

    “It’s time to think about collective care and what that looks like,” Nguyen said.’

    This is Worcester BTW. You’ve got these little commies all over the place. Still triple A moodys?

  4. ‘I thought I could make a fortune from the investment,’ he said. ‘It ended up being a nightmare’

    ‘Wu is one of many property owners in Yanjiao, once an investment hotspot thanks to its proximity to the capital, who were tripped up by the town’s decision in 2017 to adopt some of the nation’s toughest purchase restrictions to curb property speculation’

    They broke it off in yer a$$ Wu. Good luck giving it away.

  5. I saw a headline earlier something like ‘the notion that crypto is an inflation hedge is in doubt.’ So just where did that idea come from?

        1. Not that it matters, but the long term chart screams Grand Tetons facing the Skye. Looks like there might be resistance at $9,000. Time will tell.

      2. “…scam digital gambling tokens…”

        At least with Pet Rocks, you got something you could hold in your hand.

  6. ‘Jessica Rose didn’t ask for any of this. She started to analyze data on adverse reactions after COVID-19 vaccines simply as an exercise to master a new piece of software. But she couldn’t ignore what she saw and decided to publish the results of her analysis. The next thing she knew, she was in a “bizzarro world,” she told The Epoch Times.’

    ‘A paper she co-authored based on her analysis was withdrawn by Elsevier, the company publishing the academic journal that ran the article, under circumstances that raised eyebrows among her colleagues. The publisher declined to comment on the matter.’

    ‘VAERS has been in place since 1990 to provide an early warning signal that there might be a problem with a vaccine. Anybody can submit the reports, which are then checked for duplicates. They are largely filed by health care personnel, based on previous research. Usually, there would be around 40,000 reports a year, including several hundred deaths.’

    ‘But with the introduction of the COVID-19 vaccines, VAERS reports went through the roof. By Jan. 7, there were over a million reports, including more than 21,000 deaths. Other notable issues include over 11,000 heart attacks, nearly 13,000 cases of Bell’s palsy, and over 25,000 cases of myocarditis or pericarditis.’

    ‘Rose found the data alarming, only to realize authorities and even some experts were generally dismissing it. “Clearly, there’s no concern [among these authorities and experts] for people who are suffering adverse events,” she said.’

    ‘As of July 9, they found 559 VAERS reports of myocarditis, 97 among children ages 12–15. Some of them may have been related to COVID itself, which can also cause heart problems, but there were too many cases to dismiss the likelihood the vaccines were involved, according to the authors.’

    “Within 8 weeks of the public offering of COVID-19 products to the 12–15-year-old age group, we found 19 times the expected number of myocarditis cases in the vaccination volunteers over background myocarditis rates for this age group,” the paper said.’

    ‘The paper’s conclusions are not necessarily controversial. A recent Danish study concluded, for example, an elevated risk of myocarditis for young people following the Moderna COVID vaccine.
    It’s common, however, even for papers that examine potential issues with the vaccines to frame their results in a way that still endorses vaccination.’

    “That’s what you have to say to get your work published these days,” Rose said.’

    ‘The paper also called the vaccines “injectable biological products”—a reference to the fact that they are distinct from all other traditional vaccines.’

    ‘A traditional vaccine uses “whole live or attenuated pathogens” while the COVID vaccines use “mRNA in lipid nanoparticles,” Rose explained via email. She said the lipid nanoparticles include “cationic lipids which are highly toxic.” Pfizer, the manufacturer of the most popular COVID-19 vaccine in many countries, addressed the issue by saying the dose is sufficiently low to ensure “an acceptable safety margin,” according to the European drug authority, the Committee for Medicinal Products for Human Use (pdf).’

    ‘In the past, 50 reports of deaths in VAERS would prompt authorities to hit the brakes and investigate, Rose said. In her view, that should have happened with the COVID-19 vaccines a year ago. Not only has that not happened, but it isn’t even clear what would be enough to convince the authorities to do so.’

    “What’s the cut-off number for the number of deaths?” Rose asked.’

    ‘The counterargument is that the vaccines save more lives than they cost. But in Rose’s view, this logic is flawed since the vaccines haven’t been around long enough and studied thoroughly enough to tell how many lives they may cost. It is known, however, that VAERS understates adverse events following vaccination—by a factor of anywhere between 5 and as much as 100, based on some estimates.’

    ‘Rose has now joined the ranks of dissident doctors and researchers skeptical of the official line on the vaccines and the pandemic in general. She described it as something she’s compelled to do despite the disincentives involved.’

    “We don’t want to be doing this. But it is our duty. Doctors swore an oath to do no harm. And researchers with integrity cannot look away from this,” she said via email.’

    https://www.theepochtimes.com/researcher-calls-out-censorship-after-journal-pulls-covid-19-vaccine-adverse-events-analysis_4221081.html

    This is the most glaring thing IMO:

    ‘In the past, 50 reports of deaths in VAERS would prompt authorities to hit the brakes and investigate’

    2. “Pfizer, the manufacturer of the most popular COVID-19 vaccine in many countries, addressed the issue by saying the dose is sufficiently low to ensure “an acceptable safety margin,”

      Judge scraps 75-year FDA timeline to release Pfizer vaccine safety data, giving agency eight months

      Kaelan Deese,
      Washington Examiner
      Jan 7, 2022

      The Food and Drug Administration won’t have 75 years to release thousands of pages of documents it relied on to license its COVID-19 vaccine. Instead, the federal agency will have just over eight months to do so, per a federal judge’s ruling.

      The timeline ordered Thursday by U.S. District Judge Mark Pittman radically shortens the timeline under which the FDA has to produce troves of documents. The order stems from a Freedom of Information Act document lawsuit by a coalition of doctors and scientists with the nonprofit Public Health and Medical Professionals for Transparency. The group seeks an estimated 450,000 pages of material about the vaccine-creation process during the COVID-19 pandemic, which came into full force in the United States in March 2020.

      https://gazette.com/news/judge-scraps-75-year-fda-timeline-to-release-pfizer-vaccine-safety-data-giving-agency-eight/article_9bcaaa2b-23d4-5dab-9f65-515e969ec51d.html

    4. “Clearly, there’s no concern [among these authorities and experts] for people who are suffering adverse events,” she said.’

      I saw an article yesterday that claimed most adverse effects were placebo effects, not caused by the jab.

      The more they lie, the more I refuse the kill shot.

    5. “cationic lipids which are highly toxic”

      I thought it was the spike protein which was toxic? Maybe both are? Was this data corrected for the stricter recording guidelines in VAERS?

      1. Maybe both are?

        Both. I found the following publication in less than 2 minutes.

        Regarding cationic LNPs: Safe Nanoparticles: Are We There Yet? Int J Mol Sci. 2021 Jan; 22(1): 385.

        [Nanoparticles] are also used as gene delivery systems and have shown efficacy in replacing specific target diseased genes involved in cancer, certain viral infections and other genetic disorders. Unfortunately, cationic NPs can cause immunological responses that limit their use [55,56,57]. Additionally, NPs have been used in cellular imaging to detect cellular changes in vitro and in vivo [58]. NPs can be conjugated with moieties such as antibodies and other ligands to increase their targeting efficiency [2].

        Despite their promising efficacy as drug or gene carriers, there are fewer NPs in clinical use than one would predict based on the wide preclinical studies. This is mainly because of potential toxicity by mechanisms that are not fully understood, which is especially true for NPs being administered chronically [59].

        (emphasis added)

          2. I have very solid scientific reasons why my family is not getting these jabs. The more I learn, the more horrified I am.

          3. family is not getting these jabs
            Six months since my daughter got the J&J. Thank God nothing’s happened. 29 yo at jab time, doesn’t drink, smoke and regularly worked out (the local gym closed). I push CBG capsules on her (anxiety is still out of control). Vax is taboo subject; still causing trouble between us. Won’t give me her batch number (I’d like to check, valuable or not.) She’s gotten her own apt., caught a very bad cold in the middle of moving, home now, chicken soup.

            Ours are minor matters, but upsetting.

    6. I’ll add that, based on family experience, that many adverse reactions are not reported in VAERS. In the last six months, two vaccinated relatives have had Bell’s Palsey, fortunately not seriously. I’m pretty sure it’s from the Wuhan Coronavirus vaccine, and that neither one reported it.

      1. Anecdotal yes but a friend who had a clean bill of health including blood labs in April just diagnosed with Leukemia Thursday.

        9 months for your white cells to become your enemy?

        Yes, clot shot and boosted.

        1. miRNA is short for microRNA. Pfizer’s licensed jab is named co-miRNA-ty.

          Innate Immune Suppression by SARS-CoV-2 mRNA Vaccinations: The role of G-quadruplexes, exosomes and microRNAs

          Abstract
          The mRNA SARS-CoV-2 vaccines were brought to market in response to the widely perceived public health crises of Covid-19. The utilization of mRNA vaccines in the context of infectious disease had no precedent, but desperate times seemed to call for desperate measures. The mRNA vaccines utilize genetically modified mRNA encoding spike proteins. These alterations hide the mRNA from cellular defenses, promote a longer biological half-life for the proteins, and provoke higher overall spike protein production. However, both experimental and observational evidence reveals a very different immune response to the vaccines compared to the response to infection with SARS-CoV-2. As we will show, the genetic modifications introduced by the vaccine are likely the source of these differential responses. In this paper, we present the evidence that vaccination, unlike natural infection, induces a profound impairment in type I interferon signaling, which has diverse adverse consequences to human health. We explain the mechanism by which immune cells release into the circulation large quantities of exosomes containing spike protein along with critical microRNAs that induce a signaling response in recipient cells at distant sites. We also identify potential profound disturbances in regulatory control of protein synthesis and cancer surveillance. These disturbances are shown to have a potentially direct causal link to neurodegenerative disease, myocarditis, immune thrombocytopenia, Bell’s palsy, liver disease, impaired adaptive immunity, increased tumorigenesis, and DNA damage. We show evidence from adverse event reports in the VAERS database supporting our hypothesis. We believe a comprehensive risk/benefit assessment of the mRNA vaccines excludes them as positive contributors to public health, even in the context of the Covid-19 pandemic.

          1. Meanwhile, back at the CDC ranch, they are claiming that a booster will protect you from Omicron.

            I also remember them claiming:
            -That after two jabs you would be fully immunized and that life would go back to normal
            -OK, maybe not fully immune, but very immune
            -OK, not very immune, but kind of immune
            -OK, almost no immunity at all, but it will keep you out of the hospital
            -OK, so you need a booster … this time we promise it will work, cross our hearts, etc.

          3. Didn’t the WHO just say the boosters won’t help with Omicron?

            Don’t you just love the endless contradictions? Anyway, here is the headline, from NBC News:

            Covid booster shots effective against severe illness from omicron, CDC studies say

            An odd claim, since almost no one become severely ill from Omicron.

  7. While Real Journalists at globalist media outlets continue to pretend that the Emperor’s new clothes are magnificent, the foreign media isn’t giving the Dementia-Patient-in-Chief a free pass anymore.

    Now international press lash Biden for giving Putin ‘green-light’ to invade Ukraine: Kyiv Post accuses him of ‘fraying raw nerves’, Le Figaro calls him ‘clumsy’ and Moscow media brand him ‘sick’

    https://www.dailymail.co.uk/news/article-10425907/World-press-reacts-Bidens-car-crash-press-conference.html

    President Joe Biden has made international headlines for his car crash press conference where he seemingly gave Russian strongman Vladimir Putin the ‘green light’ to invade Ukraine.

    Biden was blasted on all fronts after after telling reporters that a ‘minor incursion’ into Ukraine by Moscow might elicit a lesser response than a full-scale invasion.

    1. Posted here years ago.

      A man walks into a bar with an alligator on a leash and asks the bartender…

      Do you serve Realtors here?

      The bartender responds…

      Of course we serve Realtors here.

      The man says…

      Good, I’ll have a beer and give me a Realtor for my alligator.

  12. Well, I’ve been cleaning out my basement and going through a bunch of magazines from the 90’s. There are quite a few similarities between the debates of that era and today. Back then the hot topics were:

    Global warming
    Health care
    Electric cars
    S&L crisis
    Social Security
    Assisted suicide
    Partial birth abortion
    Education (and the appropriateness of teaching transgenderism, etc. to grade school kids)

    And of course —

    Alleged pandemics based on speculative theories of disease transmission (mad cow disease)

    1. i think you missed peak oil, we would be out of cheap oil in 20 years, gasoline would be $5-6-8 a gallon, but then they invented fracking

    1. I had a gig once playing a spoof warmup act before one of his concerts, on stage in tux attire, with a classical string quartet. It was hilarious!

  14. “Frustrations are growing among some Connecticut landlords who say they are waiting for months to get paid through the state’s rental assistance program.”

    The money is never coming, and I believe in most of these progressive states, once there is an application for rental assistance, the landlord cannot evict even if the state’s eviction moratorium has expired.

    “he has pending applications from August and September that haven’t been paid.”

    I bet they’ll be “pending” for years.

    1. Caption under the photo in the Connecticut landlords article.

      “Members of the Cancel Rent Coalition and residents attend the Elm City Communities/ Housing Authority rally on Thursday, June 18, 2020.”

      I think the guy holding the big #CANCELRENT sign in back is Ray Epps son.

  15. Looks like the governor finally left the French laundry or whatever billion dollar walled estate he’s been hanging out at and turned on the news showing the train yards in LA . He’s shocked who could have seen this coming?

    “The images looked like a Third World country,” Newsom told reporters. “What you saw here in the last week is just not acceptable. So, I took off the suit and tie and said I’m coming because I couldn’t take it. I can’t turn on the news anymore. What the hell is going on?”

      1. A somewhat related story …

        Tanker, bulker, LNG rates drop. Container rates hold near top
        https://www.freightwaves.com/news/tanker-bulker-lng-rates-drop-container-rates-hold-near-top

        (a short snip)

        “Container shipping rates are being heavily driven by persistently high U.S. consumer demand, which has overwhelmed transport supply, creating an extreme congestion situation that appears much ‘stickier’ for rates than current drivers in other shipping segments.”

      2. “California Gov. Gavin Newsom visited the site Thursday and helped perform clean up for the cameras.”

        Such a woke cuck!

    2. What the hell is going on?

      He knows very well what’s going on: He lost control of his golems and his future run for the White House is in jeopardy.

      1. his future run for the White House is in jeopardy.
        I think his future run is officially over. CA has too many issues and even hard line Dems are admitting that people should not be ShI$$ing and shooting up in the streets regardless of whatever discrimination/aliment claimed.

      2. In his recall campaign, only 60% voted to keep him. Without context, 60% sounds like a smashing victory. But that’s California. What about the swing states? If he can only get 60% of the vote in California, what would he get in, say, Michigan or Pennsylvania?

    3. If we had an honest media, they would crucify Newsom for the next year over those statements alone. As if this hasn’t been going on for years in various forms. And SF and LA have looked like third world sh!tholes for longer than that.

      1. And SF and LA have looked like third world sh!tholes for longer than that.

        LA since the 90’s, I would say. Of course now it’s far worse. There is no way I would vacation in California, and I used to do so quite a bit.

        1. “There is no way I would vacation in California”

          After I’ve made my escape, aside from family visits and obligations, the only thing that might get me to come back is the Sierra Nevada mountains. There is no place in the world quite like the Yosemite backcountry.

      3. Governor Newsom signs CNPS-sponsored AB 223 into law, providing important new protections for California’s imperiled dudleya”

        whoa governor has been busy after all

        1. new protections for California’s imperiled dudleya

          Too bad he isn’t interested in protecting imperiled Californians.

  16. “Four years after bought the apartment for 3.9 million yuan and later leased it out for 2500 yuan a month, the property is worth less than 1.5 million yuan and rents have not budged. ‘I thought I could make a fortune from the investment,’ he said. ‘It ended up being a nightmare.’”

    “Wu is one of many property owners in Yanjiao, once an investment hotspot thanks to its proximity to the capital, who were tripped up by the town’s decision in 2017 to adopt some of the nation’s toughest purchase restrictions to curb property speculation.”

    David “Dumbass” Wu didn’t learn the 1% rule. You should get around 1% of the home value for rent per month, give or take.

    “While some distressed homeowners, such as Wu, are offering their flats for free to anyone willing to take on the mortgage, others have had to default. A local bankruptcy court judge, who asked not to be named, said he was struggling to keep up with the resulting workload. ‘I have stopped giving free tours of the foreclosed houses,’ the judge said. ‘There are too many of them.’”

    The author is also a dumbass. Free does not mean pay for the “owner” mortgage especially when it’s multiple of the average rent. At this point, just give it away but it’s probably under water already.

    1. The author is also a dumbass.

      or worse. As far as I can tell, personal bankruptcy protection is not a thing where Wu is. Only business bankruptcy.

    1. “It is unlikely the housing market will crash because of two main factors,” Community Capital Management Chief Investment Officer Andy Kaufman told TheStreet via email. ”

      I liked him better as Latka than as a real estate shill.

  18. NFLX is crashing (go woke, go broke) along with other tech stocks including ZM, DOCU, SHOP, etc. Don’t forget the fake Tech stocks like PTON, BYND, CHWY, etc. Or the SPACs like WISH, CLOV, SDC, PLTR, etc.

    The whole tech stock bubble is imploding. Note that I’m in the tech industry. Can’t say that this is hard to see…waiting on the lag for the housing bubble in the Silicon Valley to do the same. Come on Powell raise the interest rate now!

    1. NFLX is crashing (go woke, go broke)

      That just warms my heart. They sure misjudged with “Cuties”, didn’t they? They figured we had been desensitized enough and were ready for the next step.

      1. I liked the 90s B movies known as erotic thrillers, e.g., nothing too complicated, the usual scammer greed, a detective looking to retire early and a pretty woman with cultivated wile and plans of her own, etc., 95-minutes of easy entertainment.

    1. Elite, but too dumb to know that the winner gets rid of all the useful idiots first.
      Professor Ngaire Woods is the founding Dean of the Blavatnik School of Government and Professor of Global Economic Governance at Oxford University.https://t.co/dwgHRXqPgN

  20. Gateway Pundit — Feds on Parade… Mysterious Khaki-Clad Patriot Front Group Hijacks March for Life Today in Washington DC (1/21/2022):

    “The Khaki-clad Federal Patriot Front group was out protesting again today — This time at the March for Life in Washington DC.

    Two weeks ago this mysterious khaki-clad group showed up at the Chicago March for Life for some reason.”

    https://www.thegatewaypundit.com/2022/01/feds-parade-mysterious-khaki-clad-patriot-front-group-hijacks-march-life-today-washington-dc/

    Glowies gonna glow.

    January 6th was a FED-surrection, and it was a total joke.

    1. Front Group Hijacks March for Life Today in Washington DC

      I expect these front groups to become more numerous in the future, with the objective of drowning out the real protestors (the ones carrying Rosaries), hoping to demoralize them by associating white supremacism with the prolife movement.

    2. “Feds on Parade… Mysterious Khaki-Clad Patriot Front Group”

      Undoubtedly financed with money from Biden’s $1 trillion infrastructure bill under the name of some BS program.

  21. I am a long time reader but first post. I see many homes being bought over asking in Rancho Cucamonga ca. I think it’s the panic of buying a home before rates climb any further. I see this like a blow off rally. What do you think?

    1. Can’t speak to Cali but the folks I know in the Midwest trying to buy today are the least qualified with the smallest down payments with FOMO. It’s the last tranche of greater fools.

    2. What kind of God takes Meat Loaf & leaves George Soros?

      Soros time is near, he’s older than Methuselah, and Satan can only buy him so much time.

      1. Rumor has it soros is more senile than pedo joe. It’s his son that’s been running the show that’s why his son is in every picture with his dad and the politicians.

  24. Hmm…lucky guess:

    Archive of 4chan thread from September 4, 2019.
    https://archive.4plebs.org/pol/thread/225497848/

    3 of 6 Posts by ID:FoT86R5e in that thread:
    17:45:17 9-10 million Americans will be killed during 2020 > 2021 in some kind of major event. Don’t ask me how I know this.
    17:50:37 Do not accept any vaccines that will be released for a deadly virus in the winter of 2020.
    17:54:45 It will originate from a pharmaceutical company working with military op’s in a west coast state. It will be accurately planted in major cities and It will cause flue like symptoms and may be deadly to elders and babies but the media will report it as deadly for everyone but It’s a hoax, the vaccine will be the real killer packed with copious amounts of toxic metals.

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