Neighborhood Real Estate Update – 92129 – Rancho Penasquitos
Eric and Deva Edelman – Realtors
Oct 5, 2022
The second 4:42 video;
Home Prices 2022 – What’s going on?
Erick & Jill Magnuson
Oct 5, 2022 The question of the day, in Real Estate, is What’s going on with Home Prices in 2022? Are we in a housing crash? When will the housing market rebound?
The third 7 minute video:
Houston Housing Market Update – Prices Dropping
Oct 5, 2022 ⚠️ Houston Housing Market Update and PRICES are DROPPING!! We have had a couple months in a row of price drops, watch the video for a more detailed breakdown. ⚠️
Link to the chart video that the crash has started and where prices could end up…. The correction phase of the Houston Housing market has started.
The fourth 4:46 video:
Dorado Ranch | Emerald Park Real Estate Market Update September 2022
Jeremy Smith
Oct 6, 2022 Dorado Ranch is a very popular community located in North Fort Worth/Haslet. There are about 1,000 homes in this community, 2 parks, walking trails and a pool. It is close to several schools and easy highway access. Dorado Ranch has a turnover rate of about 12% a year and is one of the most affordable neighborhoods in the area.
The fifth 8:38 video:
Oakville Detached Homes Tank in September But It’s Not All Bad News.
Vic Singh
Oct 6, 2022 Prices are down and number of homes sold in Oakville is down. However, it is not doing as badly as the surrounding cities.
Toronto real estate market had the slowest month in September but for Oakville that was not the case. Worst part is not over by any means so please do a lot of research before making any move.
The last 12 minute video:
Why Are Buyers Still Competing In Vaughan, Richmond Hill & Markham Real Estate?
Team Sessa Real Estate
Oct 6, 2022
Vaughan Home Prices, Richmond Hill Home Prices & Markham Home Prices for the week of Sept 22 – Sept 28, 2022.
Mr. Macklem has long maintained a “soft landing” is possible, where inflation declines without a spike in unemployment or a sustained drop in economic growth. He reiterated this on Thursday, but acknowledged the path is narrow, and said Canadian households and businesses should factor the risk of a recession into their decisions.
“He was very clear that they remain resolute in bringing inflation back down to the 2 per cent target and that is the over-arching focus,” Simon Deeley, Royal Bank of Canada’s director of Canadian rates strategy, wrote in a note to clients. “This should leave no doubt that the BoC is willing to risk a recession in order to achieve 2 per cent inflation.”
JAY PARSONS: I don’t think we’re going to see necessarily a drop in rents for most parts of the country. I think we could see some seasonal cuts here in the winter months, but nothing dramatic and drastic. But I think we can see– more importantly, though, I think we’re going to see a big moderation in rent growth next year.
By now, most are familiar with what was deemed “The Great Resignation” – spurred by the pandemic, an unprecedented number of American workers quit their jobs seeking a better work-life balance and pay.
“A lot of people rethought their relationship with work,” Peach said. “A lot of people were asking, ‘Do I stay in Durango and be broke and wait tables? Or do I take a job that can turn into a career?’ Durango is great, but having a career is pretty nice, too.”
However, for restaurants, which were perhaps most acutely impacted, staffing shortages were already starting to rear their ugly heads before the pandemic, said Kris Oyler, co-founder and CEO of Peak Brewing Co., the parent company for Steamworks, El Moro and Homeslice.
The pandemic simply accelerated what was likely on the horizon, Oyler said. And housing remains one of the top suspects. Just this past summer, Steamworks lost five employees who were priced out of town. “I’ve seen it in my own neighborhood – houses sell, and people show up with Texas or Oklahoma license plates, and they’re not contributing to the labor force.”
Yup, the other side of the story. I was an accidental LL, rented it to several people for a few years. Only one gave us a hard time (stopped paying rent after one month, nightmare to deal with in NYC) but everyone else was good. Didn’t like being a LL in general, though.
Nice story about the owner turning it into a rental.
According to a report conducted and published by Zillow, three out of four people who bought a home have buyer’s remorse, where they have at least one regret related to that purchase. It’s super easy to get caught up in the buying process and miss or overlook concerns that end up costing you later. Yet, once you move in after signing a stack of closing documents, you may not be sure you have any options moving forward. If you have buyer’s remorse, take into consideration what you can do to deal with the outcome of your hasty decision-making.
If you really regret the home and it is just not working for your lifestyle, it can feel like an impossible step to remain there. You could list the property for sale and then move on, but doing this can be costly, and you may be trapped in your loan contract for some time. On the other hand, if moving is essential in your case, it may be worth taking any losses and turning the corner.
“On the other hand, if moving is essential in your case, it may be worth taking any losses and turning the corner.”
Looks like Tom Brady will be selling some RE in a down market.
Samsung — the world’s largest memory chipmaker — reported a 32% dive in operating income, while PC-processor maker AMD said it will miss its earlier forecast by about $1 billion. Analysts’ reactions ranged from “breathtaking” to “Uff-da!”
Those numbers followed grim comments from memory makers Micron Technologies Inc. and Kioxia Holdings Corp., which are slashing spending and output in a bid to stabilize plummeting prices. AMD shares fell, spurring losses in chip gear suppliers from Tokyo Electron Ltd. to client PC makers including Lenovo Group Ltd. on Friday. Disco Corp., whose equipment grinds, polishes and dices chips, tumbled 7.1% — losing the most ground in almost 16 months.
“It seems end demand has likely deteriorated markedly in recent weeks, and end customers appear to be aggressively draining inventory,” Bernstein’s Stacy Rasgon said. The cut in AMD’s client-revenue “is admittedly a bit breathtaking.”
“No party lasts forever,” Rasgon said. “It’s a cyclical industry. There were a few years of very, very strong growth” that prompted companies to ramp up capacity. “You build supply for demand that turns out not to be as real as you thought it was.”
LONDON (Reuters) – Hackers have stolen around $100 million worth of cryptocurrency from a Binance-linked blockchain, Binance CEO Changpeng Zhao said in a tweet on Friday.
Zhao said the tokens were stolen from a blockchain “bridge” used in the Binance-linked blockchain called BNB Chain, known as Binance Smart Chain until February.
Blockchain bridges are tools used to transfer cryptocurrencies between different applications.
Separately, BNB Chain said in a tweet that the hack involved $100 million to $110 million of digital tokens, without specifying which token was affected.
San Diego ranked as the fifth most expensive rental market in the nation in September, though there are signs the rapid rise in costs is slowing, according to housing analysts.
“The rental market has been very supply constrained for the past five quarters, but there has been a significant shift back towards equilibrium in the past quarter,” explains Zumper CEO Anthemos Georgiades. “Occupancy rates and the pace of rent increases are now falling in many major metros as renter demand softens and fear of recession kicks in, with many renters deciding to stay put or trade down on the most expensive options.”
A new interactive map shows just how much the rental market in the Sacramento region has cooled off this year.
The map, with data from RentHub, shows that the median rent has gone up just 2% since January in the region. Very few corners of the area are seeing significant rent increases, while many have seen rates decline.
The map has data for most of the ZIP codes in the region, including communities in Placer, El Dorado and Yolo counties. Fresh data is also available for many rental hot spots in the area, including Davis, Elk Grove, Folsom and Roseville.
“Fresh data is also available for many rental hot spots in the area, including Davis, Elk Grove, Folsom and Roseville.”
Those hot spots are nowhere close to Martin Luther King Jr Blvd.
Tampa insurance CEO says Hurricane Ian losses will push industry ‘to the brink’
The Business Journals|16 hours ago
Insured losses from Hurricane Ian could reach upward of $57 billion, which places the Category 4 storm as the second costliest hurricane to hit the U.S. behind Katrina, according to estimates by the Insurance Information Institute.
Over 1M Homes in Florida Areas Hit Hardest by Ian Have No Flood Insurance
Newsweek|17 hours ago
Over a million households in Florida counties hit hardest by Hurricane Ian are thought to be without flood insurance, according to Newsweek’s estimates, which could potentially leave many out of pocket when it comes to covering the expenses for repairing,
A yes vote on Measure A will have devastating consequences on the City of La Quinta. My family loves La Quinta and we enjoy sharing our home with others. When we vacation, we prefer to rent a home rather than a hotel. The ability to rent an affordable home is often a deciding factor in where we vacation, as it is for many families who visit La Quinta.
As a real estate agent, I’ve already witnessed the negative consequences. When the push for Measure A started, numerous people chose not to buy or chose to sell. Second homeowners nearing retirement age that purchased in La Quinta years ago due to the ability to short-term rent that had planned to retire and live full time in La Quinta have now chosen to sell and move to other areas.
The consequences of a yes vote on Measure A are many but they include a huge loss of tax revenue, illegal operators will remain and increase, demand for real estate will drop while supply will increase, thus hurting home values. Businesses will close. I hope the city joins together for a no vote on Measure A.
More layoffs at Keller Mortgage
HousingWire|16 hours ago
Keller Mortgage is the latest lender to undergo layoffs as mortgage demand drops to its lowest level since 1997.
Key figure accused of embezzling from failed Bridgeport bank lost $1 million at casinos, sources say
Chicago Sun-Times|17 hours ago
Authorities are trying to determine whether the money Marek Matczuk lost gambling came from the millions he never repaid Washington Federal Bank for Savings.
Peloton Interactive is planning to cut about 12% of its workforce in what will be its fourth round of layoffs this year to “save” the fitness equipment maker, according to a memo sent to its staff Thursday.
The company’s latest move to lay off 500 global jobs also marks its final step of restructuring, which began under the watch of Barry McCarthy, who took over as Peloton’s chief executive officer in February.
“I know many of you will feel angry, frustrated, and emotionally drained by today’s news, but please know this is a necessary step if we are going to save Peloton, and we are,” McCarthy said in the internal memo.
Seriously there’s a market for these bikes, and that’s fine. But it’s very limited and nobody buys another one. There is no repeat business. Not because it’s a bad product, but because no one needs another one. ever.
Pretty sure at least half of the 2020/21 sales were to people who reached with their stimmy checks for a “fancy” exercise bike.
In the end, it’s an overpriced exercise bike.
“Seriously there’s a market for these bikes, and that’s fine. But it’s very limited and nobody buys another one.”
Once winter sets in up in the northern half of the country the stationary cycle is one of the few cardio workouts sans a gym membership.
But it need not be a Peloton. You can buy a Schwinn AirDyne for a lot less, like $600 vs. $2000
the stationary cycle is one of the few cardio workouts sans a gym membership.
Good grief. We don’t all just sit in our igloos wondering what to do for some exercise.
Sure, there’s snow shoveling, wash the car(s) and touch-up the wax, other chores, etc., but it is difficult to keep a steady heart rate above 120-bpm for 30-min without impact forces like jogging doing those things. An indoor swimming pool would be nice, but there’s nothing like that near us.
COLEMAN: Madoff gave better returns than BLM, so why are we angry at Kanye for calling out the scam?
The outrage mob can’t really be mad at Kanye West for speaking out. They should be mad at themselves for ignoring an outrageous controversy for so long.
On Monday, as only as he could, Kanye exposed the rank emptiness of ‘Black Lives Matter.’
Pictures circulated showing him, conservative commentator Candace Owens and models at his Paris fashion show wearing White Lives Matter T-shirts.
On Tuesday, Kanye stoked the outrage again by posting on Instagram: ‘Everyone knows that Black Lives Matter was a scam. Now it’s over. You’re welcome.’
And on Wednesday he leaned in once more, posting another photo of his shirt with the caption: ‘Here’s my latest response when people ask me why I made a tee that says white lives matter … THEY DO.’
Is he wrong? Not really. He’s doing two things at once: He’s poking at the idea of highlighting one race over another when, as a self-professed Christian, he believes we’re all one and the same. And he’s going after the executives who took a notion that every human being agrees on — Black Lives Matter – and politicized it for their own gain.
After all, more than two years after the tragic murder of George Floyd at the hands of a Minneapolis police officer, what has BLM really done for black people? It’s long past time we confronted that question, because too many Americans never took the time or had the space to come up with an answer.
This doting dad’s respiratory system shutdown due to fentanyl laced suppositories inserted in his rectum.
Do not besmirch the memory of St. Floyd of Fentanyl, patron saint of vibrancy.
The deaths of Mendoza and Marín brought the number of mayors killed during López Obrador’s administration to 18 and the number of state lawmakers to eight, according to data from Etellekt Consultores.
Places that used to be “safe” in Mexico no longer are. I was reading about an expat who was thinking of opening a brew pub near Cancun, that is until he found out how much protection money he would have to pay, which is informally known as “derecho de piso”. It was basically all the profit he would make, so the brew pub plan was shelved.
If ‘they’ are at accepting ‘correction’ stage, I must say we are already in a collapse, a massive collapse.
Logan, UT Housing Prices Crater 13% As Salt Lake City Turns Toxic On Rampant Mortgage Fraud
From the first 16:26 video:
Neighborhood Real Estate Update – 92129 – Rancho Penasquitos
Eric and Deva Edelman – Realtors
Oct 5, 2022
The second 4:42 video;
Home Prices 2022 – What’s going on?
Erick & Jill Magnuson
Oct 5, 2022 The question of the day, in Real Estate, is What’s going on with Home Prices in 2022? Are we in a housing crash? When will the housing market rebound?
The third 7 minute video:
Houston Housing Market Update – Prices Dropping
Oct 5, 2022 ⚠️ Houston Housing Market Update and PRICES are DROPPING!! We have had a couple months in a row of price drops, watch the video for a more detailed breakdown. ⚠️
Link to the chart video that the crash has started and where prices could end up…. The correction phase of the Houston Housing market has started.
The fourth 4:46 video:
Dorado Ranch | Emerald Park Real Estate Market Update September 2022
Jeremy Smith
Oct 6, 2022 Dorado Ranch is a very popular community located in North Fort Worth/Haslet. There are about 1,000 homes in this community, 2 parks, walking trails and a pool. It is close to several schools and easy highway access. Dorado Ranch has a turnover rate of about 12% a year and is one of the most affordable neighborhoods in the area.
The fifth 8:38 video:
Oakville Detached Homes Tank in September But It’s Not All Bad News.
Vic Singh
Oct 6, 2022 Prices are down and number of homes sold in Oakville is down. However, it is not doing as badly as the surrounding cities.
Toronto real estate market had the slowest month in September but for Oakville that was not the case. Worst part is not over by any means so please do a lot of research before making any move.
The last 12 minute video:
Why Are Buyers Still Competing In Vaughan, Richmond Hill & Markham Real Estate?
Team Sessa Real Estate
Oct 6, 2022
Vaughan Home Prices, Richmond Hill Home Prices & Markham Home Prices for the week of Sept 22 – Sept 28, 2022.
Mr. Macklem has long maintained a “soft landing” is possible, where inflation declines without a spike in unemployment or a sustained drop in economic growth. He reiterated this on Thursday, but acknowledged the path is narrow, and said Canadian households and businesses should factor the risk of a recession into their decisions.
“He was very clear that they remain resolute in bringing inflation back down to the 2 per cent target and that is the over-arching focus,” Simon Deeley, Royal Bank of Canada’s director of Canadian rates strategy, wrote in a note to clients. “This should leave no doubt that the BoC is willing to risk a recession in order to achieve 2 per cent inflation.”
https://www.theglobeandmail.com/business/article-bank-of-canada-tiff-macklem-speech/
JAY PARSONS: I don’t think we’re going to see necessarily a drop in rents for most parts of the country. I think we could see some seasonal cuts here in the winter months, but nothing dramatic and drastic. But I think we can see– more importantly, though, I think we’re going to see a big moderation in rent growth next year.
And to be honest, we’ve already seen that.
https://finance.yahoo.com/video/homebuyers-wait-see-mode-amid-201241845.html
By now, most are familiar with what was deemed “The Great Resignation” – spurred by the pandemic, an unprecedented number of American workers quit their jobs seeking a better work-life balance and pay.
“A lot of people rethought their relationship with work,” Peach said. “A lot of people were asking, ‘Do I stay in Durango and be broke and wait tables? Or do I take a job that can turn into a career?’ Durango is great, but having a career is pretty nice, too.”
However, for restaurants, which were perhaps most acutely impacted, staffing shortages were already starting to rear their ugly heads before the pandemic, said Kris Oyler, co-founder and CEO of Peak Brewing Co., the parent company for Steamworks, El Moro and Homeslice.
The pandemic simply accelerated what was likely on the horizon, Oyler said. And housing remains one of the top suspects. Just this past summer, Steamworks lost five employees who were priced out of town. “I’ve seen it in my own neighborhood – houses sell, and people show up with Texas or Oklahoma license plates, and they’re not contributing to the labor force.”
https://www.durangotelegraph.com/news/top-stories/where-did-everyone-go/
Investors Beware: 15 Shocking Real Estate Horror Stories
https://www.msn.com/en-us/money/realestate/investors-beware-15-shocking-real-estate-horror-stories/ar-AA12FbOk
Yup, the other side of the story. I was an accidental LL, rented it to several people for a few years. Only one gave us a hard time (stopped paying rent after one month, nightmare to deal with in NYC) but everyone else was good. Didn’t like being a LL in general, though.
Nice story about the owner turning it into a rental.
According to a report conducted and published by Zillow, three out of four people who bought a home have buyer’s remorse, where they have at least one regret related to that purchase. It’s super easy to get caught up in the buying process and miss or overlook concerns that end up costing you later. Yet, once you move in after signing a stack of closing documents, you may not be sure you have any options moving forward. If you have buyer’s remorse, take into consideration what you can do to deal with the outcome of your hasty decision-making.
If you really regret the home and it is just not working for your lifestyle, it can feel like an impossible step to remain there. You could list the property for sale and then move on, but doing this can be costly, and you may be trapped in your loan contract for some time. On the other hand, if moving is essential in your case, it may be worth taking any losses and turning the corner.
https://www.msn.com/en-us/money/realestate/how-to-deal-with-homebuyers-remorse/ar-AA12Ffl5
“On the other hand, if moving is essential in your case, it may be worth taking any losses and turning the corner.”
Looks like Tom Brady will be selling some RE in a down market.
Samsung — the world’s largest memory chipmaker — reported a 32% dive in operating income, while PC-processor maker AMD said it will miss its earlier forecast by about $1 billion. Analysts’ reactions ranged from “breathtaking” to “Uff-da!”
Those numbers followed grim comments from memory makers Micron Technologies Inc. and Kioxia Holdings Corp., which are slashing spending and output in a bid to stabilize plummeting prices. AMD shares fell, spurring losses in chip gear suppliers from Tokyo Electron Ltd. to client PC makers including Lenovo Group Ltd. on Friday. Disco Corp., whose equipment grinds, polishes and dices chips, tumbled 7.1% — losing the most ground in almost 16 months.
“It seems end demand has likely deteriorated markedly in recent weeks, and end customers appear to be aggressively draining inventory,” Bernstein’s Stacy Rasgon said. The cut in AMD’s client-revenue “is admittedly a bit breathtaking.”
“No party lasts forever,” Rasgon said. “It’s a cyclical industry. There were a few years of very, very strong growth” that prompted companies to ramp up capacity. “You build supply for demand that turns out not to be as real as you thought it was.”
https://www.yahoo.com/now/chipmakers-see-breathtaking-drop-demand-042045859.html
LONDON (Reuters) – Hackers have stolen around $100 million worth of cryptocurrency from a Binance-linked blockchain, Binance CEO Changpeng Zhao said in a tweet on Friday.
Zhao said the tokens were stolen from a blockchain “bridge” used in the Binance-linked blockchain called BNB Chain, known as Binance Smart Chain until February.
Blockchain bridges are tools used to transfer cryptocurrencies between different applications.
Separately, BNB Chain said in a tweet that the hack involved $100 million to $110 million of digital tokens, without specifying which token was affected.
https://finance.yahoo.com/news/hackers-steal-around-100-million-091802276.html
San Diego ranked as the fifth most expensive rental market in the nation in September, though there are signs the rapid rise in costs is slowing, according to housing analysts.
“The rental market has been very supply constrained for the past five quarters, but there has been a significant shift back towards equilibrium in the past quarter,” explains Zumper CEO Anthemos Georgiades. “Occupancy rates and the pace of rent increases are now falling in many major metros as renter demand softens and fear of recession kicks in, with many renters deciding to stay put or trade down on the most expensive options.”
https://www.msn.com/en-us/money/realestate/san-diego-renters-face-5th-most-expensive-market-in-us-but-has-slowdown-begun/ar-AA12G6TS
A new interactive map shows just how much the rental market in the Sacramento region has cooled off this year.
The map, with data from RentHub, shows that the median rent has gone up just 2% since January in the region. Very few corners of the area are seeing significant rent increases, while many have seen rates decline.
The map has data for most of the ZIP codes in the region, including communities in Placer, El Dorado and Yolo counties. Fresh data is also available for many rental hot spots in the area, including Davis, Elk Grove, Folsom and Roseville.
https://www.msn.com/en-us/money/realestate/find-a-deal-new-interactive-map-shows-median-rents-throughout-the-sacramento-region/ar-AA12FfEq
“Fresh data is also available for many rental hot spots in the area, including Davis, Elk Grove, Folsom and Roseville.”
Those hot spots are nowhere close to Martin Luther King Jr Blvd.
Tampa insurance CEO says Hurricane Ian losses will push industry ‘to the brink’
The Business Journals|16 hours ago
Insured losses from Hurricane Ian could reach upward of $57 billion, which places the Category 4 storm as the second costliest hurricane to hit the U.S. behind Katrina, according to estimates by the Insurance Information Institute.
Over 1M Homes in Florida Areas Hit Hardest by Ian Have No Flood Insurance
Newsweek|17 hours ago
Over a million households in Florida counties hit hardest by Hurricane Ian are thought to be without flood insurance, according to Newsweek’s estimates, which could potentially leave many out of pocket when it comes to covering the expenses for repairing,
A yes vote on Measure A will have devastating consequences on the City of La Quinta. My family loves La Quinta and we enjoy sharing our home with others. When we vacation, we prefer to rent a home rather than a hotel. The ability to rent an affordable home is often a deciding factor in where we vacation, as it is for many families who visit La Quinta.
As a real estate agent, I’ve already witnessed the negative consequences. When the push for Measure A started, numerous people chose not to buy or chose to sell. Second homeowners nearing retirement age that purchased in La Quinta years ago due to the ability to short-term rent that had planned to retire and live full time in La Quinta have now chosen to sell and move to other areas.
The consequences of a yes vote on Measure A are many but they include a huge loss of tax revenue, illegal operators will remain and increase, demand for real estate will drop while supply will increase, thus hurting home values. Businesses will close. I hope the city joins together for a no vote on Measure A.
https://www.yahoo.com/entertainment/real-estate-agent-measure-already-123001464.html
Die, speculator scum.
More layoffs at Keller Mortgage
HousingWire|16 hours ago
Keller Mortgage is the latest lender to undergo layoffs as mortgage demand drops to its lowest level since 1997.
Key figure accused of embezzling from failed Bridgeport bank lost $1 million at casinos, sources say
Chicago Sun-Times|17 hours ago
Authorities are trying to determine whether the money Marek Matczuk lost gambling came from the millions he never repaid Washington Federal Bank for Savings.
Peloton Interactive is planning to cut about 12% of its workforce in what will be its fourth round of layoffs this year to “save” the fitness equipment maker, according to a memo sent to its staff Thursday.
The company’s latest move to lay off 500 global jobs also marks its final step of restructuring, which began under the watch of Barry McCarthy, who took over as Peloton’s chief executive officer in February.
“I know many of you will feel angry, frustrated, and emotionally drained by today’s news, but please know this is a necessary step if we are going to save Peloton, and we are,” McCarthy said in the internal memo.
https://nypost.com/2022/10/06/peloton-to-cut-12-of-workforce-in-a-move-to-save-company/
The pricey luxuries are the first ones to go.
Well you only need so many clothes hangers.
Seriously there’s a market for these bikes, and that’s fine. But it’s very limited and nobody buys another one. There is no repeat business. Not because it’s a bad product, but because no one needs another one. ever.
Pretty sure at least half of the 2020/21 sales were to people who reached with their stimmy checks for a “fancy” exercise bike.
In the end, it’s an overpriced exercise bike.
“Seriously there’s a market for these bikes, and that’s fine. But it’s very limited and nobody buys another one.”
Once winter sets in up in the northern half of the country the stationary cycle is one of the few cardio workouts sans a gym membership.
But it need not be a Peloton. You can buy a Schwinn AirDyne for a lot less, like $600 vs. $2000
the stationary cycle is one of the few cardio workouts sans a gym membership.
Good grief. We don’t all just sit in our igloos wondering what to do for some exercise.
Sure, there’s snow shoveling, wash the car(s) and touch-up the wax, other chores, etc., but it is difficult to keep a steady heart rate above 120-bpm for 30-min without impact forces like jogging doing those things. An indoor swimming pool would be nice, but there’s nothing like that near us.
COLEMAN: Madoff gave better returns than BLM, so why are we angry at Kanye for calling out the scam?
The outrage mob can’t really be mad at Kanye West for speaking out. They should be mad at themselves for ignoring an outrageous controversy for so long.
On Monday, as only as he could, Kanye exposed the rank emptiness of ‘Black Lives Matter.’
Pictures circulated showing him, conservative commentator Candace Owens and models at his Paris fashion show wearing White Lives Matter T-shirts.
On Tuesday, Kanye stoked the outrage again by posting on Instagram: ‘Everyone knows that Black Lives Matter was a scam. Now it’s over. You’re welcome.’
And on Wednesday he leaned in once more, posting another photo of his shirt with the caption: ‘Here’s my latest response when people ask me why I made a tee that says white lives matter … THEY DO.’
Is he wrong? Not really. He’s doing two things at once: He’s poking at the idea of highlighting one race over another when, as a self-professed Christian, he believes we’re all one and the same. And he’s going after the executives who took a notion that every human being agrees on — Black Lives Matter – and politicized it for their own gain.
After all, more than two years after the tragic murder of George Floyd at the hands of a Minneapolis police officer, what has BLM really done for black people? It’s long past time we confronted that question, because too many Americans never took the time or had the space to come up with an answer.
https://www.msn.com/en-us/news/us/coleman-madoff-gave-better-returns-than-blm-so-why-are-we-angry-at-kanye-for-calling-out-the-scam/ar-AA12FiHh
“…the tragic murder of George Floyd…”
This doting dad’s respiratory system shutdown due to fentanyl laced suppositories inserted in his rectum.
Do not besmirch the memory of St. Floyd of Fentanyl, patron saint of vibrancy.
The deaths of Mendoza and Marín brought the number of mayors killed during López Obrador’s administration to 18 and the number of state lawmakers to eight, according to data from Etellekt Consultores.
https://www.latimes.com/world-nation/story/2022-10-06/18-people-killed-attack-city-hall-guerrero-mexico
Places that used to be “safe” in Mexico no longer are. I was reading about an expat who was thinking of opening a brew pub near Cancun, that is until he found out how much protection money he would have to pay, which is informally known as “derecho de piso”. It was basically all the profit he would make, so the brew pub plan was shelved.
If ‘they’ are at accepting ‘correction’ stage, I must say we are already in a collapse, a massive collapse.
Logan, UT Housing Prices Crater 13% As Salt Lake City Turns Toxic On Rampant Mortgage Fraud
https://www.movoto.com/logan-ut/market-trends/
As a leading economist advises, “Mortgage debt is the most toxic and damaging debt of all. Avoid it at all costs.”