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The Same People Who Are Always At Risk When Rates Start To Climb: They Just Bought A House, They Paid Too Much

A report from the Review Journal on Nevada. “The last time Las Vegas had a major housing bubble, things didn’t end well. Here’s hoping it ends differently this time. It’s not fun to think about, but there are many signs that current Las Vegas housing prices aren’t sustainable. Last year, prices soared 26 percent. The median cost of a single-family home jumped from $345,000 in January 2021 to $435,000 last month. Before the bubble burst in the mid-2000s, Las Vegas housing prices peaked at $315,000. After adjusting for inflation, that amount is roughly $436,000. Uh oh.”

“It would be one thing if this 26 percent spike happened when prices were near record lows. In January 2013, prices jumped 27 percent over the previous year, going from $118,000 to $150,000. But that followed six years of falling prices. That was a market recovery. It’s a red flag when prices shoot up 26 percent in a year, nearing the inflation-adjusted number that preceded a massive downward spiral 16 years ago.”

“If the Las Vegas economy were especially robust, that price increase would be less concerning. But the Las Vegas area has the highest unemployment rate of any large metro area in the country.”

The Miami Herald. “It would seem the sky’s the limit when it comes to pricing for South Florida’s high-rise living with sales prices reaching new heights in January. House hunters, however, are catching some relief — as prices steadied or dipped for the first time in months.”

The Financial Post. “The reality of higher interest rates is almost here. The Bank of Canada meets next week, and the market is all but certain that a hike is in the cards. Those due to renew their mortgages in the next year are especially concerned, with 61% saying that if their borrowing costs go up much more, they worry that they will be in financial trouble. Thirty-five per cent of all surveyed agree that rising rates could move them toward bankruptcy.”

“‘Variable-rate mortgage holders will be the most significantly impacted. Especially with talk of there being a string of rate increases in 2022,’ said Grant Bazian, president of MNP LTD. ‘Households may need to re-adjust their budgets to accommodate for hundreds or thousands of dollars more a year in mortgage-related costs.'”

From Radio New Zealand. “Experts say today’s raise in the official cash rate will sting for struggling businesses, first-home buyers, and the recently indebted. Michael Gallagher from Financial Advice Hawkes Bay said those who had recently taken out substantial debt, or a mortgage, could also feel a squeeze. ‘Interest rates have gone up 75bp since October and we’re talking them going up another two percent by 2023 which is a year away. If you owe a million dollars, that’s another $20,000 you might have to find. That’s going to have a big impact. People, I don’t think, have that money lying around to pay additional interest costs so it’s going to be challenging,’ he said.”

From Voxy New Zealand. “Policymakers need not be shy about their role in this, says Westpac’s Acting Chief Economist Michael Gordon. ‘The Government and the Reserve Bank’s stated intentions were to err on the side of doing too much rather than too little. And to their credit, they achieved that. Stubborn inflation is a better problem to have than stubborn unemployment.'”

“‘But there was never going to be a cost-free solution to a shock of this nature, and the bill is now coming due,’ says Mr Gordon. ‘Our view remains that the RBNZ will need to lift the Official Cash Rate beyond its estimates of ‘neutral’ and into tight monetary policy settings, at least for some time.'”

The Daily Mail. “Typical Australian borrowers could see their monthly mortgage repayments climb by a third or $721 during the next 18 months, National Australia Bank predicts. A surge home loan pain would also see Australian borrowers lumped with the tightest budget pressures in a decade. Should variable rates rise to 4.64 per cent, as predicted, monthly repayments on a mid-priced Australian home would climb by $721 to $2,959, marking 32 per cent increase in just 18 months.”

“KPMG senior economist Sarah Hunter said the latest wages growth data was still below the RBA’s preferred level before it raised rates. Wages are also well below the inflation rate of 3.5 per cent. ‘At the moment the average worker is experiencing declining real wages,’ Ms Hunter said.”

From News.com.au in Australia. “Chris Richardson, partner at Deloitte Access Economics, told news.com.au those who had taken advantage of record-low interest rates during the pandemic, and bought a home that would usually be out of their price range were in for a rude shock. ‘Your specific group is the same people who are always at risk when interest rates start to climb up after a long period of fall,’ he said. ‘They are the people who just bought a house. They paid too much. They were funded by the bank of mum and dad.'”

“‘It’s that group who will need to stretch because they will genuinely need to save, or save more than they’re doing. That’s painful. It’s a bigger group than usual because it’s basically been over a decade since interest rates went up,’ he said. As for those looking to buy, Mr Richardson said prospective homebuyers should no longer feel pressured to enter the property market, because rapidly rising housing prices have eased. ‘If you’re thinking about being in the market, there’s no rush,’ he said. ‘Give FOMO the boot.'”

From Bloomberg. “Three months ago, Chinese authorities saved the country’s largest manager of distressed debt from a potentially disastrous collapse. Now, they’re turning China Huarong Asset Management Co. and its peers into a key line of defense for the $54 trillion financial system as defaults in the property sector soar.”

“In a sign of growing urgency within Xi Jinping’s government to stabilize the world’s second-largest economy, regulators have asked Huarong and other so-called AMCs in recent weeks to buy property assets from troubled developers and formulate plans for taking over or restructuring smaller lenders, according to people familiar with the matter. But the AMCs’ capability to provide large-scale aid to developers could also be constrained by their own liquidity and capital requirements unless there’s policy support, according to China International Capital Corp.”

“The four bad-loan managers together had almost 5 trillion yuan ($790 billion) of combined assets, and about $62 billion in cash, according to Bloomberg Intelligence. By comparison, total liabilities of 38 Chinese developers rated BB or lower by Fitch Ratings amounted to $1.3 trillion, excluding opaque debt residing off their balance sheets.”

“Andrew Collier, managing director of Orient Capital Research Inc. in Hong Kong, said the use of AMCs is another shortcut to backstop the economy without adding to the debt burden of the central government. ‘The leadership is afraid of an economic downturn but even more concerned about a massive, central government stimulus that would lead to an even worse property bubble whose collapse would call into question the effectiveness of the Communist Party,’ he said.”

This Post Has 100 Comments
    1. “Is that a lot?”

      It’s enough, enough to perhaps generate some interest in applying for one of my Gotcha Plans.

      😁

  1. ‘Policymakers need not be shy about their role in this, says Westpac’s Acting Chief Economist Michael Gordon. ‘The Government and the Reserve Bank’s stated intentions were to err on the side of doing too much rather than too little. And to their credit, they achieved that’

    Hurrah! Central bankers saved us from a cold!

    ‘But there was never going to be a cost-free solution to a shock of this nature, and the bill is now coming due’

    AKA breaking it off in yer a$$.

    1. ‘The Government and the Reserve Bank’s stated intentions were to err on the side of doing too much rather than too little. And to their credit, they achieved that. Stubborn inflation is a better problem to have than stubborn unemployment.’”

      This is almost verbatim from Janet Yellen’s mouth. The globalist shitbags have shown that they work in lockstep. These people need to be eliminated, IMHO. What they have created is an absolute disaster for humankind.

  2. ‘repayments on a mid-priced Australian home would climb by $721 to $2,959, marking 32 per cent increase in just 18 months’

    ‘At the moment the average worker is experiencing declining real wages’

    Somebody is gonna have to cut back on the avocado sandwiches.

    1. At the moment the average worker is experiencing declining real wages’

      And just wait until the real inflation kicks in.

    2. ‘At the moment the average worker is experiencing declining real wages’

      My brain can’t even comprehend these kinds of price increases and how they are even possible. I know that when I look at house prices I have no way of affording them at current levels regardless of whether or not somebody would give me a loan. I don’t get it.

      1. IIRC, mortgage interest rates in places like Oz and Kiwiland was about 1%. Sounds great, except all their mortgages are adjustable, which means that the rates can go up and are going up, a lot.

        I agree, the thought of having a mortgage payment that was already onerous, rise 32% sounds terrifying. I also doubt that the interest is tax deductible over there.

  3. ‘Some 1.1 billion yuan ($174 million) of asset-back notes guaranteed by Shimao Group may not be redeemed on maturity next month, the trustee of the notes said in a filing, as the debt crisis for Chinese property developers rumbles on.’

    ‘Yunnan International Trust Co said in a filing dated Tuesday the assets underpinning the notes had generated less income than expected. Shimao, which defaulted on a trust loan last month, has been scrambling to extend debt maturities including asset-backed securities and trust loans with creditors.’

    ‘The Shanghai-based developer and its chairman have also been selling assets in China and overseas to raise funds.’

    ‘Last week, Shimao sought to extend payments of a 6 billion yuan trust loan by two years, and some creditors said they were not happy with the proposal that did not offer any credit enhancement. Shimao did not pay the 1.3 billion yuan in the trust loan that was due last Thursday, local media Cailianshe reported on Tuesday, and no agreement with creditors have been reached yet.’

    https://www.channelnewsasia.com/business/chinese-developer-shimao-guaranteed-174-million-notes-due-march-may-not-be-redeemed-trustee-2514911

    We’re gonna need more goldfish…

  4. is this the start of the change – with 30yr fixed at 4%?


    From CNBC: Climbing mortgage rates are hitting both potential homebuyers and refinance candidates. Total mortgage applications decreased 13.1% last week to the lowest level since December 2019, according to the Mortgage Bankers Association. Applications to refinance dropped 15% weekly and were 56% lower than one year ago.

    “Higher mortgage rates have quickly shut off refinances, with activity down in six of the first seven weeks of 2022,” said Joel Kan, MBA’s associate vice president of economic and industry forecasting.

        1. Yes, you are correct. Kolob is off exit 289 on the Interstellar Freeway, across the street from In-N-Out Burger.

  5. “In a sign of growing urgency within Xi Jinping’s government to stabilize the world’s second-largest economy, regulators have asked Huarong and other so-called AMCs in recent weeks to buy property assets from troubled developers and formulate plans for taking over or restructuring smaller lenders”

    Just say no. (And then say hello to that skater when you see her).

  6. “The last time Las Vegas had a major housing bubble, things didn’t end well. Here’s hoping it ends differently this time.

    Here’s to hoping it doesn’t.

    1. “The federal government can — and does — create asset bubbles.”

      I wish the fed.gov would explain this premise. Why?

  7. Those due to renew their mortgages in the next year are especially concerned, with 61% saying that if their borrowing costs go up much more, they worry that they will be in financial trouble. Hate to say it but: Stupidity should hurt and it usually/eventually does.

    1. I don’t know how people feel comfortable buying houses without a 30-year fixed-rate mortgage. If I lived in NZ or Aus or Kda I might still be renting.

      1. The UK relations almost lost their house during the Thatcher years when interest rates soared into the stratosphere.

  8. I see what you did there, globalists.

    Google Maps Location Data of Freedom Convoy Donors Posted

    Onlinehttps://summit.news/2022/02/23/google-maps-location-data-of-freedom-convoy-donors-posted-online/

    Precise Google Maps locations of people in Ontario, Canada who donated to the Freedom Convoy was posted online as a result of the GiveSendGo hack that was incited by the media.

    Following the legacy media-led demonization of the Canadian truckers and their supporters, the names of 90,000 people who donated to the cause were leaked.

    Now a Google Maps link was posted, “pointing to locations of donors throughout the Canadian province, with each pin listing their names, donor ID, email address, and the amount they donated, including those as low as $10,” reports Breitbart.

    1. Clearly the tech giants have chosen to side with the Progressive Democrats, so doxing their opponents has become standard procedure.

  9. Let’s jump in the DeLorean and go Back To The Basement for yet another failed campaign promise by the installed one who they still laughably want people to believe received 81 million votes.

    @theblaze
    Flashback to Biden in 2019:

    “Putin knows that when I am president of the United States his days of tyranny and trying to intimidate the United States and those in Eastern Europe are over.”

    https://twitter.com/theblaze/status/1495924782801604612?s=20&t=CmTo0mAXKy4DEfTtZENSyw

    But alas, in 2019 Doc and Marty McFly find 1.21 gigawatts of power the flux capacitor needed to get the car up to 88 mph and initiate time travel 21 hours ago.

    Speaking from the East Room of the White House, Biden called Putin’s decree a “flagrant violation of international law.”

    “We still believe that Russia is poised to go much further in launching a massive military attack against Ukraine,”

    https://www.npr.org/2022/02/22/1082308773/biden-russia-ukraine-updates

      1. Yeah, it is. Commercial aircraft still fly within about a mile of the WH on their final approach to DCA. Enough noise to disrupt something in the press room. And the plane flew near Psaki, not Biden. They probably don’t need to fake her location like they do for Biden.

          1. This is as close airplanes get to the White House. The White House is in the upper center left of this video, directly opposite the Washington Memorial.
            https://youtu.be/95aFq1v4-cg?t=62
            At this distance, I don’t think that any sound from a jet can be heard anywhere inside any building in the White House compound.
            https://youtu.be/95aFq1v4-cg?t=62

            This is a takeoff from Runway 1 which points directly towards the White House.
            https://youtu.be/25vzUFDl0RI?t=183
            You can see that airliners fly closer to the White House while taking off from Runway 1, but they immediately begin a left hand turn to avoid the restricted airspace over the White House (P56A) and are climbing through 1500 as they go past the White House:
            https://youtu.be/25vzUFDl0RI?t=183
            https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwiGvIeOuJb2AhUqI0QIHTgpDjkQFnoECCoQAQ&url=https%3A%2F%2Fflightaware.com%2Fresources%2Fairport%2FKDCA%2FDP%2Fall%2Fpdf&usg=AOvVaw3-YqW0aXPvoIbacpdHRe4X

            At that altitude, the noise from departing aircraft is not all that intrusive to those on the ground.

          2. The closest distance — from the White House to the Kennedy Center — is 1.07 mile.

            A jet a mile away does not produce enough sound to be heard interrupting a press conference.

    1. Let’s jump in the DeLorean and go Back To The Basement for yet another failed campaign promise by the installed one who they still laughably want people to believe received 81 million votes.

      Wut? Dincha know that Cackling Kamala has always had a cult following of tens of millions of ‘Muricans? I mean, she dropped out of the Democratic Primary after her polling numbers hit 2%.

      Oh, wait….

      1. Cackling Kamala

        “It is time for us to do what we have been doing, and that time is every day.”

        Say what?

          1. I suspect that Air Force 2 will suddenly crash with no warning before Brandon abdicates with a newly appointed successor.

          2. “Headboard Harris”

            Down on her knees, sucking off Mayor Willie Brown. Her alleged political “career” only exists from sucking c*ck.

          3. Her alleged political “career” only exists from sucking c*ck.

            Having a harlot as VP. What a country.

          4. Trump doesn’t have much of a moral high ground. But Trump at least made his fortunes in spite of his sex life, not because of it.

          5. Having a harlot as VP. What a country.
            Quoting Banker here: You use what works!.
            Someone voted for her, besides by family! (SMH)

        1. A childless mongrel of unknown ethnicity or citizenship and dubious morals. Sounds about right for a clown world run by Silly Con Valley and Hollywood.

      2. This is what you get with rigged elections. Puppets like Joe Biden and Harris, who are there to advance a Agenda that has nothing to do with Government by the People.
        Klaus Schwab actually brags about the infiltration of Global leaders with the treasonous agenda of Corporate Governance and One World Order, Great reset takeover.
        Its outrageous that you have Biden and other World Governments pumping for a untested vaccine, defrauding the public by saying its safe and effective.
        When they censored the news for this one narrative defrauding the public with the fear mongering , so as to inject something vile and unproven in everybody, it was war against humanity .
        Funny how Nazi like tyrants , using similar tactics that Hitler used is calling anybody that opposes them Nazis or racist, or White insurrectionists and enemies of the State.
        What State are they talking about? The One World Order, , Great Reset State, run by Private Party Monopolies, Moneychangers, and Stakeholders, and trillionaire families like the Rothschild family.
        What a loot job by these parasites of humanity , that don’t think twice about murder, mayhem and destruction of current systems for their bizarre vision of destruction of human race, for this slave like dictorship.
        Can you imagine how much they hate the human race to do what they have done so far. They are parasites and looters and destroyers of human progress , for their pre planned enslavement of the people of the World.. The World needs to rid itself of this cancer menace of these Entities once and for all , now that they are obvious in their evil intentions.

    2. “We still believe that Russia is poised to go much further in launching a massive military attack against Ukraine,”

      Hmm, maybe you should call the President of the United States and have him call Putin and tell him to stop. Oh wait, that’s you.

      Amazing how Trump was Putin’s puppet and Putin didn’t do bupkis for 4 years. But whenever Sleepy Joe is around the White House, whether as VP or P, Putin is on the move. Quite interesting, I’m sure CNN can explain that one to us.

  10. Are your penny stocks melting down as the Fed keeps openly discussing its eventual punchbowl removal operations?

    1. The Financial Times
      Retail trading
      Traders leave US penny stocks in sign speculative fever is cooling
      Volume on over-the-counter market was 70% below February’s all-time high
      Over-the-counter equities are not quoted on a national securities exchange
      © REUTERS
      Nicholas Megaw in New York yesterday

      Trading in unlisted US shares has dropped almost three-quarters from its peak at the height of last year’s retail trading frenzy, as investors rein in speculative bets and regulators crack down on potential fraud in penny stocks.

      January marked the 11th consecutive monthly decline in volumes of “over-the-counter” equity trades, according to data from Finra, the watchdog for US broker-dealers and exchanges. The total number of trades was 70 per cent below the all-time high set last February.

      Many of the riskiest areas of financial markets experienced a surge in activity at the height of the coronavirus pandemic, with amateur traders attracted by rebounding asset prices, government stimulus cheques and an escape from lockdown boredom.

      However, the Finra figures are the latest sign of their retreat as volatility rises and the Federal Reserve prepares to raise interest rates.

      Over-the-counter equities are stocks that are not quoted on a national securities exchange such as Nasdaq or the New York Stock Exchange. They include smaller companies and those in controversial industries such as cryptocurrencies and cannabis, along with American depositary receipts that make it easier to buy stock in large overseas companies such as Nestlé and Tencent.

      Jason Paltrowitz, executive vice-president at OTC Markets Group, which operates the main marketplace for over the counter stocks, said there had been a definite “levelling off” in activity from traders who “just had extra money sitting around”. However, he added that activity remained stronger than before the pandemic, and he expected a “new normal” level to continue into the long-term.

        1. According to “da’ bear” they’re on a peace keeping mission, so yer long stonks should correct like a homesick angel!

  11. It’s turtles all the way down.

    “But the AMCs’ capability to provide large-scale aid to developers could also be constrained by their own liquidity and capital requirements unless there’s policy support, according to China International Capital Corp.”

  12. Currently, Grand Jury Trial Trial going on.
    Hours and Hours of testimony going on that would that makes a case for massive crimes against humanity concerning the Covid Scam.
    The Trial even covers the historical set up of the capture of Governments and Agencies by these Entities going back to 1870.
    The Trial covers how these Private Parties infiltrated and corrupted these Agencies for these bizarre agendas of World Dominance.
    Apparently , the British Empire, the Rothschild Family , and all the other Entities involved have had a Agenda preventing Governments by the People and Sovereign States .
    They had testimony about how these noval gene altering vaccines should of never been approved based on the testimony , and they aren’t vaccines.
    They talk about how all these Countries acted in lockstep on the Declared Pandemic and how that all came about.
    Just hearing the testimony you would never want to take these vaccines, and they plan to introduce more of this technology going forward in spite of it not being proven safe or effective.
    They had testimony about how they used psychological methods to induce acceptance of a unacceptable vaccine expierment.
    They want to stop the unwarranted vaccination of children and basically most the population , that wasn’t at risk over this Covid 19 Panademic .
    They talk about the Bill Gates agenda about the goal of vaccination of World , where that response isn’t justified , especially with these sort of vaccines, being one big unproven expierment where safety and effectiveness wasn’t satisfied.
    Also testimony about no consistency in the vaccine batches in the manufacturing process that would of taken years to perfect , not 21/2 months under EUA.
    They also have testimony on the economic impact of this Pandemic , that I’m going to watch today. I have no doubt the looting that took place , and consolidation of power in Monopolies and destruction of small and medium business will be covered.
    In the meantime I guess the USA Convoy starting in California is starting today.

    1. “In the meantime I guess the USA Convoy starting in California is starting today.”

      “Perfect time to impound and give the trucks to small trucking companies looking to expand their business,” Gallego wrote:

      by Steve Watson
      February 23rd 2022, 7:20 am

      As truckers in the U.S. prepare to drive across the country into Washington D.C. in solidarity with the Canadian Freedom Convoy, one Democratic congressman has suggested that authorities should “impound” the vehicles of the anti-vaccine mandate protesters and then give them away to businesses that are compliant with the government mandates.

      Democratic representative Ruben Gallego of Arizona tweeted a response to the headline “Trucker convoy could shut down DC Beltway tomorrow.”

      Ruben Gallego
      @RubenGallego
      Perfect time to impound and give the trucks to small trucking companies looking to expand their business.
      Quote Tweet

      https://twitter.com/RubenGallego/status/1496138717890850819?s=20&t=vTgx-QkUtPXou7amxD5FfA

      1. Purely hypothetical, mere speculation of fictional events that occur only in the imagination, but it sure would be a shame if some Bad People did some Bad Things to Ruben.

        Remember the scene in Chinatown where Jack Nicholson had one of his nostril slashed open with a knife, because he was getting a little too nosy?

        Ruben was allegedly elected to govern the constituents of his Congressional district. If you are a U.S. citizen, please do not threaten American elected officials. That’s the Glowie bait Glow trap they want to drag you into…

      1. Where is GRAND JURY TRIAL?

        Just input GRAND JURY TRIAL in search engine and it will take you to a number of sites.
        Or,
        M.Youtube.com/watch?V=MmbAz

        1. Mr Banker,

          They even have hours of testimony on the bogus PCR test that was used to declare the Pandemic.
          This Trial really ties in all the dots on how they pulled off this fraud and scam on the World,

          It would be really bad if these fraudsters and psychopaths aren’t stopped , because they are planning more of the same on humanity .
          Bill Gates talking about new Pandemics, and how they need to make their poison shots faster than the ridiculous warp speed they made the current ones.
          The Entities have been planning this contrived Pandemic and introduction of fake vaccines for years with the goal of mass vaccination of the World , being mandated by corrupted Governments and agencies. , was done .
          Its mindblowing that they planned more of this sinister assault on people of this unsafe expierment with this failure technology vaccine. They like this gene altering technology because its cheaper to produce , even when it hasn’t been proven safe or effective .
          They obviously corrupted the FDA and the Europe Protection agencies to even approve such a unsafe expierment under Emergency Use on this massive scale, over a Covid Pandemic that didn’t justify mass vaccination of all age groups.
          They obstructed cheap med cures for Covid that would of disqualified EUA for a unproven vaccine technology. Thousands and thousands of people died being deprived of medications that cured Covid, for the Dr Fauci killer protocols, which is still going on today.
          Its just absolutely sinister and outright murder and injury what these fraudulent culprits did , and will continue to do if they aren’t stopped and prosecuted.

  13. More brilliance from Cackling Kamala

    Tucker Carlson: Americans have been trained to hate Putin, and will suffer because of it

    Even Biden admitted that energy prices are about to go up

    Tucker Carlson By Tucker Carlson | Fox News
    OPINION Published February 23, 2022 12:38am EST

    Listen, guys, you may be Europeans who live in Europe, but you don’t fully understand the ramifications of war in Europe. That’s your problem. The thing about Europe, you’ve had peace and security for more than 70 years. Kamala Harris just told the Europeans that.

    And that, by the way, is true, if you don’t count the breakup of Yugoslavia, which caused hundreds of thousands of deaths in the 1990s or the Soviet occupation of half of the landmass, which you manage the enslavement of hundreds of millions. But apart from that, Mrs. Lincoln, it’s all been peace and security in Europe. Until now. The Soviets were fine. Vladimir Putin is bad.

    KAMALA HARRIS: I mean, listen, guys, we’re talking about the potential for war in Europe. I mean, let’s really take a moment to understand the significance of what we’re talking about. It’s been over 70 years and through those 70 years, as I mentioned yesterday, there has been peace and security. We are talking about the real possibility of war in Europe.

    https://www.foxnews.com/opinion/tucker-carlson-hate-putin-americans-suffer.amp

    1. More “predigested chunks of language” from “Headboard Harris” 🙂 that “come tumbling out in no particular order”.

      Tucker Carlson By Tucker Carlson | Fox News
      OPINION Published February 23, 2022 12:38am EST

      KAMALA HARRIS: And the allied relationship is such that we have agreed that the deterrence effect of these sanctions is still a meaningful one, especially because, remember also, we still sincerely hope that there is a diplomatic path out of this moment and within the context then of the fact that that window is still opening, although open, although it is absolutely narrowing, but within the context of a diplomatic path still being open, the deterrence effect we believe has merit.

      Got that. Take a breath and let it sink in.

      Well, of course it has merit. The only question is what the hell are you talking about? And the answer is, Kamala Harris has no real idea what she’s talking about. She can’t even point to the direction of what she’s talking about. Her mouth opens and predigested chunks of language come tumbling out in no particular order. It’s soothing to listen to until you try to understand what it means.

  14. Will the Trucker protest in the USA be allowed , like the BLM protest was allowed that included, burning , looting , mayhem and death of innocent victims.?
    I’m concerned about what tactics will be used against the Truckers by this lawless Administration under Biden .
    Firstly, the Corporate owned news will want to censor the protest and call the Truckers A bunch of Nazis, Racist and White Innsurrectionist. I’m afraid of false flags also.
    The Truckers have a right to peaceful protest in USA, but how are they going to try to obstruct that right is the question. .

    1. Will the Trucker protest in the USA be allowed

      If the Imperial Government is heavy handed with the Truckers, I wouldn’t be surprised if they exerted their 2nd Amendment Rights.

    1. Medical staff are still “encouraging” his parents to let him take his 2nd dose.

      They want to finish the job. Sadly, some parents are stupid enough to get him jabbed again.

  15. Yesterday first visit with surgeon after a year and change. Back then she sat me down and very solemnly told me to get vaxxed asap, it’s made for someone in your situation, blah blah. Shocked and confused when I laughed and said there was no way in hell I was doing that and why.

    Though I am grateful and in her debt, it’s sad – she doesn’t like me anymore. I handled her chilly attitude by being sunny as the day is long 😁

    1. Shocked and confused when I laughed and said there was no way in hell I was doing that and why.

      I got that same deer in the headlights look from my Primary Care Physician when I said there was no way I was getting jabbed.

        1. My father recently had a patient who worked for Pfizer for 10 years on the clinical trial side of things. She’s not jabbed.

          1. Sure, she knows.

            My objection to my daughter being jabbed resulted in her moving out (not just that, but it all escalated quickly 🤯 ) I hate these bastards for their casual dismissal of harm done in the past two years.

    1. How in the phuc did an obese loser like Yolanda Talley land her position as chief of internal affairs? The world has gone mad!

  16. Deplorable posted about the bible and “abomination” the other day, and the following headline from today qualifies. I had never heard of one “Laverne Cox,” and I was better for it. This…..THING….is a 6’4″ man in heels who cut off his junk and is pretending to be a woman – and a victim in every way.

    Laverne Cox only recently began telling the truth about her age. Here’s why so many can relate: ‘Ageism is still an acceptable prejudice’

    I am not sure who is responsible for trying to force feed us these abominations, but I will never recognize this mentally ill creep as a woman.

    1. “not sure who is responsible”

      We are, we just don’t get too specific in naming names out of politeness. Have you *EVER* met an alleged atheist who had anything critical to say about any religion besides Christianity?

      Neither have I.

      I’m not even religious, but I agree with the sentiment that trannies are a defilement of what God created.

      You’re physically revolting. Confused children look at you and ask their mommy “is that a man?”

  17. WHERE IS JOE BIDEN!? Is he even AWAKE right now!? The absence of leadership from this White House is SICKENING! This war should’ve NEVER happened!

    — Ronny Jackson (@RonnyJacksonTX) February 24, 2022

    Former White House Physician Says Biden is Not Cognitively Fit to Deal With Russia Crisis

    by Paul Joseph Watson
    February 24th 2022, 5:51 am

    Former White House physician Ronny Jackson responded to Russia’s attack on Ukraine by warning that Joe Biden is not “cognitively… fit to be our president right now.”

    The current Texas Republican Congressman made the comments on Fox News after Vladimir Putin ordered the bombardment of Ukrainian military infrastructure across the country.

    “The whole country is seeing his mental cognitive issues on display for over a year now, and there’s really no question in most people’s minds that there’s something going on with him,” said Jackson.

    “He’s not cognitively the same as he used to be and, in my mind, not fit to be our president right now,” he added.

    “Every time he gets up and talks to the American people, it’s not just the American people that are watching him speak, it’s the whole world, and that’s part of what the problem is here,” said Jackson.

    “[Biden] looks tired, he looks weak, he looks confused, he’s incoherent, and it sends a message of weakness all over the world, and they’re seizing up on that,” he added.

  18. Everybody who voted for Pedo Joe Biden, and all their kids and grandkids, need to be on the next plane to Ukraine.

    You’ve been bedsh*tting about Muh Russia for almost seven years now, so now it’s time to go over there and fight and die for it.

    Boots on the ground, snowflakes.

    1. “need to be on the next plane to Ukraine.”

      “Boots on the ground, snowflakes.”

      Give each one a parachute and an orange day glow vest, a quick jump lesson and an AR-15 so they don’t have so many semi-auto guns in the U..S. to worry about.

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