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Crashing Into 2023

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  1. From the first 3 minute video:

    Parker Colorado Housing Update Year End 2022
    Brian Chandler Real Estate | Denver Metro Colorado
    Jan 4, 2023 PARKER
    We’re going to go over a year in stats for December 2022 for the housing market here in Parker Colorado. Listings, Sales, Inventory and Days on The Market.

    The second 2:29 video:

    San Diego Luxury Housing Market Trends – 2022 vs 2023
    Nikol Klein
    Jan 3, 2023
    Is the San Diego Luxury Housing Market declining at the same rate as the rest of San Diego County?

    Let’s take look back at where we started in 2022 vs where we finished at the start of 2023 in the North County Coastal Areas of San Diego including Del Mar, Encinitas, Carlsbad, and Rancho Santa Fe.

    The third 11:14 video:

    Crashing into 2023 in Ontario
    The Mark Loeffler Experience
    Jan 3, 2023
    Ontario is still Crashing. How do we continue in the current housing market? Well, as always let’s look at the numbers and figure it out for ourselves. Why are we Crashing into 2023? When will we hit the bottom?

    The fourth 8 minute video:

    Sellers In Hot Water In Brampton, Mississauga & Durham Real Estate – Dec 28
    Team Sessa Real Estate
    Jan 4, 2023 CANADA

    Brampton, Mississauga, Ajax, Whitby, Pickering Real Estate Market Report for the week of Dec 22 – Dec 28, 2022.

    The fifth 14 minute video:

    How’s the Market in 92128 (Carmel Mountain, Rancho Bernardo, Sabre Springs)?
    Eric and Deva Edelman – San Diego Homes
    Jan 4, 2023
    Today we’re talking about another of our favorite zip codes in San Diego County, 92128! Let’s compare what’s happening in the housing market now to the peak of the market, around April of 2022.

  4. Amazon.com Inc. is laying off more than 18,000 employees — a significantly bigger number than previously planned — in the latest sign that a technology slump is deepening.

    https://www.latimes.com/business/story/2023-01-04/amazon-to-slash-more-than-18-000-jobs-in-escalation-of-cuts

    Salesforce is laying off about 8,000 employees, or 10% of its workforce, as major technology companies continue to prune payrolls that rapidly expanded during the pandemic lockdown.

    The cuts announced Wednesday are by far the largest in the 23-year history of a San Francisco company founded by former Oracle executive Marc Benioff. Benioff pioneered the method of leasing software services to internet-connected devices — a concept now known as “cloud computing.”

    https://www.latimes.com/business/story/2023-01-04/salesforce-cuts-10-percent-workforce

    1. Salesforce is laying off about 8,000 employees

      Salesforce was recently considered as one of those “great places to work”. Firms with meteoric growth are often like that: big raises, promotions, bonuses, parties, zero layoffs, etc. Until the growth suddenly stops.

      Sometimes that’s all it takes, sales don’t even have tp drop for the layoffs to begin, because during the good times they always overhire. I have seen and experienced this first hand myself.

      It’s always like someone flipped a switch and everything suddenly changed. Good performance reviews become bad reviews. And when the layoffs happen, they are handled impersonally, sometimes via an email or a FedEx package delivered to one’s home.

  5. Mayor Adams harangued some of Bill de Blasio’s administration officials Wednesday for having the gall to publicly criticize his leadership even though he said they left him with the city in a state of “total disarray.”

    Adams unleashed the extraordinary broadside against his predecessor’s team at the tail end of an unrelated press conference in Brooklyn — unprompted by any questions from reporters.

    “Once they’re gone, they’re experts on everything. When you look through the last 12 months, and you see how many times they have interfered, this is not acceptable,” Adams said of de Blasio’s staff without identifying anyone by name. “You tell me when there has been a time that a previous administration has attacked another administration in the first year.”

    “Those from the Koch administration call us: ‘How can we help?’ Bloomberg administration calls us: ‘How can we help?’ Dinkins administration calls: ‘How can we help?’ Giuliani’s administration calls us: ‘How can we help?’ Every other administration calls us: ‘How can we help?’” Adams said.

    “But we have the previous administration that just left the house — they just left, they left the house in total disarray — and then they come and say, ‘Look at the mess that you created, Eric.’

    “No, it’s the mess we inherited.”

    https://www.msn.com/en-us/news/politics/mayor-adams-blasts-de-blasio-administration-officials-for-criticizing-him-blames-them-for-mess-we-inherited/ar-AA15Z57b

  6. U.S. prosecutors are in the process of seizing shares of Robinhood Markets Inc tied to Sam Bankman-Fried, who has been charged with fraud in the collapse of the FTX cryptocurrency exchange, a U.S. attorney told a judge on Wednesday.

    The Department of Justice did not believe the 56 million shares of Robinhood, worth about $465 million, were property of a bankruptcy estate, U.S. attorney Seth Shapiro told U.S. Bankruptcy Judge John Dorsey, who is overseeing the FTX bankruptcy.

    Shapiro said that competing claims to shares of the stock-trading app could be worked out in a forfeiture proceeding. Bankrupt crypto firm BlockFi, FTX and liquidators in Antigua have all laid claim to the Robinhood stock, along with Bankman-Fried.

    Bankman-Fried purchased about 7.42% of Robinhood’s stock through Emergent Fidelity Technologies Ltd, using funds borrowed from Alameda Research, according to an affidavit he filed in December in an Antigua court.

    Bankman-Fried said he owned 90% of Emergent and Gary Wang, another former FTX executive, owned 10%. Wang has pleaded guilty to fraud charges from the FTX collapse and is cooperating with prosecutors.

    Shapiro also said prosecutors had seized U.S. bank accounts affiliated with FTX’s Bahamas-based business, known as FTX Digital Markets. Court records show the accounts at Silvergate Bank and Farmington State Bank, which does business as Moonstone Bank, held about $143 million

    https://www.msn.com/en-gb/money/other/us-doj-to-seize-465-million-of-robinhood-shares-tied-to-bankman-fried/ar-AA15Z2C7

  7. Controversial Canadian psychologist Jordan Peterson has launched a legal challenge against the College of Psychologists of Ontario after he said the governing body threatened to pull his practicing license if he doesn’t complete social media re-education for comments he made on Twitter and the Joe Rogan’s podcast.

    Peterson, 60, filed an application for judicial review with the Ontario Divisional Court, The Toronto Sun reported on Wednesday, as the clinical psychologist has said he will refuse to comply with the regulatory body’s demands.

    In June, Twitter suspended Peterson for a post about trangender actor Elliot Page that broke the platform’s rules “against hateful conduct.”

    “Remember when pride was a sin? And Ellen Page just had her breasts removed by a criminal physician,” Peterson tweeted. Twitter’s new CEO Elon Musk reinstated Peterson’s account in November after he took over the company.

    A month earlier, he announced he would be stepping away from social media after he caught heat for retweeting a New York Post article about plus-size Sports Illustrated model Yummi Nu, calling her “Not beautiful,” adding that “no amount of authoritarian tolerance is going to change that.”

    In January, the former University of Toronto researcher claimed on Joe Rogan’s podcast that being transgender is a result of a “social contagion” and similar to “satanic ritual abuse,” and suggested that acceptance of the trans community is a sign of “civilizations collapsing.”

    “Every single accusation is not only independent of my clinical practice, but explicitly political — and not only that: unidirectionally explicitly political,” Peterson, a free-speech advocate, wrote. “Every single thing I have been sentenced to correction for saying is insufficiently leftist, politically. I’m simply too classically liberal — or, even more unforgivably — conservative.”

    In May 2022, Peterson blasted Trudeau on Twitter for his travel ban. 

    “I’m at my daughter’s wedding in California. I will never forget [sic] @justintrudeau that my father is not here because of your utterly unconscionable, unconstitutional and vindictive travel ban,” he said at the time.

    The Wall Street Journal Editorial Board defended Peterson for “speaking his mind” in an opinion piece published on Wednesday evening.

    “Professional bodies are supposed to ensure that practitioners are competent, not enforce political orthodoxies or act as language police outside the office,” the board wrote in a scathing column.

    Peterson penned a letter to Trudeau, which he published in the National Post, demanding he look into the government’s regulatory bodies.

    “I am not suggesting or even presuming that you or any of the people associated with you had anything directly to do with this,” he wrote. “However, the fact that it is happening (and that physicians and lawyers have become as terrified as psychologists now are of their own regulatory bodies) is something that has definitely happened on your watch, as a consequence of your own conduct and the increasingly compulsion-based and ideologically pure policies that you have promoted and legislated.”

    https://nypost.com/2023/01/05/jordan-peterson-could-lose-psychologist-license-if-he-refuses-social-media-re-education/

    1. hreatened to pull his practicing license if he doesn’t complete social media re-education for comments he made
      Wow, reeducation classes are actually a thing in Canada. Growing up they were always a joke, I never thought they would be real.

  8. 𝗪𝗲𝘀𝘁𝗺𝗶𝗻𝘀𝘁𝗲𝗿, 𝗠𝗔 𝗛𝗼𝘂𝘀𝗶𝗻𝗴 𝗣𝗿𝗶𝗰𝗲𝘀 𝗖𝗿𝗮𝘁𝗲𝗿 𝟮𝟭% 𝗬𝗢𝗬 𝗔𝘀 𝗕𝗼𝘀𝘁𝗼𝗻 𝗔𝗿𝗲𝗮 𝗛𝗼𝘂𝘀𝗶𝗻𝗴 𝗠𝗮𝗿𝗸𝗲𝘁 𝗗𝗶𝘀𝗶𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗲𝘀

    https://www.movoto.com/westminster-ma/market-trends/

    𝘈𝘴 𝘢 𝘯𝘰𝘵𝘦𝘥 𝘦𝘤𝘰𝘯𝘰𝘮𝘪𝘴𝘵 𝘴𝘢𝘪𝘥, “𝘠𝘰𝘶’𝘥 𝘩𝘢𝘷𝘦 𝘵𝘰 𝘩𝘢𝘷𝘦 𝘳𝘰𝘤𝘬𝘴 𝘪𝘯 𝘺𝘰𝘶𝘳 𝘩𝘦𝘢𝘥 𝘵𝘰 𝘩𝘢𝘷𝘦 𝘣𝘰𝘶𝘨𝘩𝘵 𝘢 𝘩𝘰𝘶𝘴𝘦 𝘪𝘯 𝘵𝘩𝘦 𝘭𝘢𝘴𝘵 15 𝘺𝘦𝘢𝘳𝘴.”

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