I’d Like The Value Of My Home To Start Rising Again, I Wonder If The Good Days Are Over
A report from the American Statesman in Texas. “StoryBuilt, one of Austin’s most active urban developers, has launched a major reorganization and furloughed employees as it deals with a financial meltdown. In a letter sent to StoryBuilt investors Friday, co-founder Anthony Siela said that ‘in response to current financial realities,’ StoryBuilt has furloughed much of its staff over the past couple of weeks and expects to have ‘a vast reduction in headcount with the aim of solely focusing on core development services for our projects and partners.’ To support the reorganization, StoryBuilt — which has developed projects in Austin, Dallas, Seattle and Denver — will be bringing in bridge capital, he said. ‘The foregoing changes may raise concerns about your investment. We plan to continue written communications weekly at a minimum and schedule a virtual town hall meeting next week,’ Siela said.”
The News Tribune in Washington. “A proposal for 200 new luxury apartments in Tacoma near the Stadium District is over before even starting. A representative for Tacoma-based Harbor Custom Development, in response to questions from The News Tribune, said its proposal for an undeveloped site on Broadway is not happening. The publicly traded company relocated its headquarters to Tacoma from Gig Harbor last year. It also turned its regional focus to multifamily apartment development in Western Washington, instead of single-family homes. The company completed Pacific Ridge, 8445 Pacific Ave. in Tacoma last year. That project had been planned as condominiums, later switching to apartments.”
“In its first quarter earnings report released in May, the company showed sales of $9.2 million compared with $28.6 million a year earlier, and a gross loss of of $2 million compared to gross profit of $6.1 million from the same period a year ago. It noted some of the decrease was because of ‘large prior year sales in California and Washington that did not recur in the first quarter 2023.’ The news of the now-abandoned luxury apartment project is the latest high-profile multifamily project to not go according to plan: — Tacoma Trax, 415 E. 25th St. next to the Tacoma Dome Station, was one of the city’s first anticipated transit-oriented projects. It appeared to still be headed for a foreclosure sale Friday (July 21) along with a Kent apartment site. GIS International Group and DMG Capital Group partnered in developing the Kent and Tacoma sites as Madison Plaza LLC.”
Sarasota Magazine in Florida. “For the entire North Port-Sarasota-Bradenton MSA, the median sales prices is $524,450. But the median percentage of the original listing price received has ticked down to 96 percent in the MSA for both property types, versus 100 percent in June last year, showing that there’s room for more negotiating between buyers and sellers. In Sarasota, the median time to contract for single-family homes increased year-over-year to 23 days vs. 7 last year and to 35 days vs. 7 in the condo market. ‘But those times to contract are no canary in the coal mine,’ says local realtor Roger Pettingell, of Coldwell Banker Realty. ‘Time to contract is still great. We really should compare numbers to pre-Covid, because last year and the year before will always stand out as anomalies. We also seem to forget that the government added $2 trillion into the system, creating an inflationary environment. It was unrealistic to think those low-interest rates [roughly 3 percent] would persist,’ he adds.”
“‘An interesting point today vs. a year ago is that you may be paying higher interest now [roughly 6.5 to 7 percent], but you would have certainly been paying over the listing price last year and the year before,’ Petingell says. ‘Buyers were more likely to be in a bidding war. Even though interest rates are higher now, you’re probably getting 3-5 percent off of the listing price, so buyers are having to borrow less. You’re probably better off as a buyer now. You have more choices and are not being pushed into an unrealistic situation. You can get an inspection and have more negotiating power.'”
“In Manatee County, single-family home supply increased by 55.6 percent, to a 2.8-month supply, and condo supply increased by 126.7 percent to a 3.4-month supply. In Sarasota County, there was a 3.2-month supply for single-family homes and a 3.5-month supply for condos, a year-over-year increase of 88.2 percent and 133.3 percent, respectively.”
The Tribune. “Though most regions in California saw their housing markets stagnate, the Central Coast region — which encompasses San Luis Obispo, Santa Barbara, Monterey and Santa Cruz counties — experienced the smallest home sales decline relative to the other four main regions of the state. Year-over-year, housing sales declined 18.6% on the Central Coast, the CAR report found. In San Luis Obispo County, median sale price decreased 1.1% from May and 4.4% from June 2022 to $865,000. According to the CAR report, the city of San Luis Obispo experienced drops in median price, sales and listings compared to the previous year, with median price dropping 6.7% to $1.12 million.”
“Home prices in Paso Robles remained the least expensive in the county, with median price falling 4% from June 2022 to $685,000. Atascadero featured the second lowest median price in the county, declining 17.3% from the previous year to $705,000. Los Osos saw median home prices decline 4.8% year-over-year to $810,000 in June. Grover Beach’s median home price of $752,000 was the lowest in the county, and was 14.6% lower than in June 2022. The low inventory is ultimately a symptom of 2022’s ‘unsustainable, red hot market’ that saw inventory get snapped up as buyers looked to buy before rising interest rates and decreasing inventory priced them out, said South County Realtor Barry Brown. ‘Generally, the only way you can come off of that is with a market correction,’ Brown said. ‘I think where we’re at now is a little bit more of — and I hate to use the phrase — but it’s a soft landing, more of a normalized market.'”
The Real Deal on California. “One LA is hoping two price cuts will do the trick to move the luxe, record-setting condo. The unit was Los Angeles’ priciest condo in 2022 when it hit the market with an ask of $75 million, but now a buyer can scoop it up for half that. The 13,000-square-foot penthouse, located at Four Seasons Private Residences Los Angeles, is now listed at $37 million. In March, its price was reduced to $50 million. It has been on the market for nearly a year. Billy Rose, co-founder of The Agency, who has the listing, said the penthouse is now at the right price. ‘$75 million was aspirational, but One LA is a singular, one-of-a-kind property, and it is hard to know what the market will bear,’ he said.”
The New York Post. “Martha Stewart has finally offloaded her West Village triplex — albeit for significantly less than she once hoped. However, Stewart didn’t live there. Her daughter Alexis did. The palatial Manhattan abode, at the Richard Meier-designed 165 Charles St. that’s right on the West Side Highway, first listed in 2019 asking an ambitious $53 million. Over four years later, the three-story, 9,500-square-foot residence has at last found a buyer, but the new owner forked over just $31 million for the pad, or 42% under ask. Despite the luxury, when Alexis listed the units in 2019 she explained that there was one thing her unit lacked: A yard.”
Rough Draft Atlanta in Georgia. “The loan backed by a skyline-defining office tower in Buckhead is in reportedly in default, adding to the list of high-profile buildings in Atlanta facing financial distress. Starwood Capital Group has defaulted on a $212.5 million mortgage on Tower Place 100. The mortgage matured July 9 and Starwood failed to refinance or pay off the debt, Bloomberg reported. According to CBRE, nearly 30% of all metro Atlanta office space is either vacant or listed as sublease space, meaning it’s under lease but the tenant is looking to give it to another would-be renter. That’s a modern record high for the Atlanta area. Some hotels in Atlanta are also facing financial hardship. Last week, a hospitality holding company relinquished 19 hotels across the country, including the W Atlanta — Downtown, to cut costs and reduce its debt. The 763-room Sheraton Atlanta Hotel also faced loan default earlier this year, setting the stage for an imminent foreclosure.”
From Global News. “As the weather heats up in Canada, cottages prices are cooling down. Mark Pedlar is a broker with ReMax Bluewater Realty Inc. in Ontario’s Grand Bend area. He said he’s seeing a ‘softening of the market,’ with a 10 per cent decrease in average price for that region. ‘The inventory is up, and the sales unfortunately are down right now. So it is a softer market than what we’ve seen the last two years,’ Pedlar said. ‘There’s still good value for the sellers, but even better value for buyers looking for a deal that they might have missed out on last year.'”
The Telegraph. “As anyone who has experience of it won’t need telling, the UK rental market has long since passed the point of being merely exasperating. Sue Hull has spent almost three decades building up a small buy-to-let portfolio, which she hoped would support her into old age. Today, she is considering dismantling her little empire of houses in Essex and Sussex, because the numbers no longer stack up. ‘I don’t want to sell; I have to,’ says Hull, 49. ‘I actually love being a landlord, giving a home to families and seeing their children grow up, but I got into this business to make a profit, not just to scrape by.'”
“Landlords such as Tabitha Masters*, 42, who bought a three-bedroom flat in Kew on a buy-to-let mortgage in 2013, now find they are running out of options. ‘I tried to sell it the year before last to release some capital towards buying a family home, but the market was flat and it just sat there for six months,’ explains Masters. ‘It doesn’t really make me any money – the rent covers the mortgage, my tax bill and any minor repairs – but as I’m on an interest-only deal, I’m running the risk of going into negative equity now that property prices look set to drop. My plan is to sit tight and try and hold on to it for as long as I can in the hope that eventually we will pass through the storm.'”
“One of the main reasons why many investors got into the buy-to-let game was the dearth of alternatives. Professional investors called it the ‘hunt for yield.’ In the decade-and-a-half in which interest rates have hugged the floor, there has been a desperate scramble to find any assets from which they could squeeze even the tiniest trickle of income.”
Market Watch. “As China’s economic recovery continues to underwhelm, observers’ sights are turning from the country’s intractably weak consumer sector to the more worrying downturn in the enormous Chinese real-estate market. Average citizens who have stored most of their savings in housing are suddenly finding their main nest egg a dwindling investment. Buildings in some of the country’s biggest cities stand eerily vacant. And the 100 biggest developers saw their sales values fall more than 28% last month, on a year-on-year basis.”
“In the tech hub of Shenzhen, famous for having been the center of southern China’s ‘workshop of the world,’ growth was explosive for decades, even by China standards. That has begun to dry up, and an anecdote from a recent report illustrates the boom-to-bust times. In 2020, there were 51,000 professionally rated real-estate agents in the city, according to a report this week from the Shenzhen Real Estate Intermediary Association. That number has since halved. And that only includes registered agents, in a country rife with off-the-book agents whose position in the sector is even more precarious.”
“Last week, China’s commerce ministry rolled out a set of policies to spur consumption of household products such as furniture, appliances and interior-decor items. The gambit at boosting overall weak consumption and the struggling housing sector went over poorly with locals, among those who noticed at all. ‘I don’t need new curtains or a sofa,’ said Beijing homeowner Jiang Ming, who is 58 and retired. ‘I’d like the value of my home to start rising again. I wonder if the good days are over.'”
This Post Has 87 Comments
Comments are closed.
‘One of the main reasons why many investors got into the buy-to-let game was the dearth of alternatives. Professional investors called it the ‘hunt for yield.’ In the decade-and-a-half in which interest rates have hugged the floor, there has been a desperate scramble to find any assets from which they could squeeze even the tiniest trickle of income’
‘It doesn’t really make me any money’
Tabitha*, you have succeeded in the hunt yer yield!
‘I’m running the risk of going into negative equity now that property prices look set to drop. My plan is to sit tight and try and hold on to it for as long as I can in the hope that eventually we will pass through the storm’
That’s right Taitha* don’t give it away.
we will pass through the storm
You leaned into the storm. When the flood waters recede, your stuff will be washed away.
Professional investors called it the ‘hunt for yield.’
Yeah it sucked, we all had to deal with it. In my search for yield I got an 18 month CD from Jan 2022 paying me .60% interest. When it resets later this month should be slightly over 5%. Inflation ate a lot of my capital, but…
Debt markets were a bit crazy in 2022. I helped several family mambers pick up these Series I savings bonds that paid an initial composite rate of 9.62%, when new Series EE bonds were yielding 0.1%.
https://www.treasurydirect.gov/news/2022/release-05-02-rates/
I savings bonds that paid an initial composite rate of 9.62%, when new Series EE bonds were yielding 0.1%.
I got those too but they were much later in the year not January plus the amount you could invest was DAMN small. Almost a why bother.
‘in response to current financial realities,’ StoryBuilt has furloughed much of its staff over the past couple of weeks and expects to have ‘a vast reduction in headcount with the aim of solely focusing on core development services for our projects and partners.’ To support the reorganization, StoryBuilt — which has developed projects in Austin, Dallas, Seattle and Denver — will be bringing in bridge capital, he said. ‘The foregoing changes may raise concerns about your investment’
It’s all gone, isn’t it Tony?
Bridge loans means nobody else will lend them money. Bend over for the vulture capitalists with 15-20% short term loans
I have no problem with fools being smacked upside the head with 15%+ interest rates. As has been said so many times here, stupid should hurt. Don’t get me wrong, I see mass corruption and fraud in lending in general. But at the end of the day borrowing is voluntary. It drove me absolutely nuts during the last bust how everyone wanted to blame subprime and lenders. Not buying it. It was the financially deadly combination of stupidity and greed on the borrowers part. And those who dove in head first deserved what they got. Same is true this time around.
‘Starwood Capital Group has defaulted on a $212.5 million mortgage on Tower Place 100. The mortgage matured July 9 and Starwood failed to refinance or pay off the debt’
Barry is in charge (better yer money than mine) of billions of pesos, and he just gave it away. He could have paid or refinanced, but he just tossed the keys. Wa is the world coming to?
‘I don’t need new curtains or a sofa,’ said Beijing homeowner Jiang Ming, who is 58 and retired. ‘I’d like the value of my home to start rising again. I wonder if the good days are over’
Jiang, there’s no shame in working until yer 100 years old.
Yip-yip-yip-yip-yip-yip, bmm
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na, sha-na-na-na-na
Ahh, yip-yip-yip-yip-yip-yip-yip-yip
Mum-mum-mum-mum-mum-mum, get a job
Sha-na-na-na, sha-na-na-na-na
Well every morning about this time (Sha-na-na-na, sha-na-na-na-na)
She gets me out of bed, a-crying get a job (Sha-na-na-na, sha-na-na-na-na)
After breakfast everyday she throws the want ads right my way
And never fails to say – get a job
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na, sha-na-na-na-na
Ahh, yip-yip-yip-yip-yip-yip-yip-yip
Mum-mum-mum-mum-mum-mum, get a job
Sha-na-na-na, sha-na-na-na-na
Lord, and when I get the paper I read it through and through
I, my girl never fail to see if there is any work for me…
I got to go back to the house, hear that woman’s mouth
Preachin’ and a cryin’, tell me that I’m lyin’ about a job
That I never could find
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na, sha-na-na-na-na
Ahh, yip-yip-yip-yip-yip-yip-yip-yip
Mum-mum-mum-mum-mum-mum, get a job
Sha-na-na-na, sha-na-na-na-na
Lord, and when I get the paper I read it through and throu-ough
I, my girl never fail to see if there is any work for me…
I better go back to the house, hear that woman’s mouth
Preachin’ and a cryin’, tell me that I’m lyin’ about a job
That I never could find
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na…
Business
San Diego’s unemployment rate ticks higher in June despite strong tourism hiring trend
Construction workers revamp a downtown San Diego hotel in this 2019 file photo.
Construction employment gained just 200 workers during June, a month when economists like to see more robust gains.
(Hayne Palmour IV/The San Diego Union-Tribune)
Unemployment rate reaches 4 percent, its highest level since February 2022, even though employers added jobs at a rapid pace.
By Mike Freeman
July 21, 2023 6:25 PM PT
San Diego County employers added 6,900 jobs in June as the region’s economy continues to put pandemic woes behind it, with the strongest hiring occurring in restaurants, bars and personal care services.
Even so, the local unemployment rate ticked up to 4 percent last month — the highest level since February 2022, according to the U.S. Bureau of Labor Statistics. That was just before the Federal Reserve began raising interest rates to corral inflation.
…
https://www.sandiegouniontribune.com/business/story/2023-07-21/san-diegos-unemployment-rate-ticks-higher-in-june-despite-strong-tourism-hiring-trend
Some auto-industry observers are calling it a “field of dreams” moment, but if electric-vehicle makers can’t figure out how to bridge the gap between consumers’ curiosity in the products and their willingness to buy them, it may become a nightmare on Main Street.
The supply of unsold EVs on U.S. dealer lots has swelled 350 per cent so far this year, to more than 92,000 units in June. That’s about three months’ worth of inventory and nearly twice the industry average, according to a new report from Cox Automotive, the people behind the Kelley Blue Book auto-pricing guides.
With the average new EV costing US$64,000, that’s about US$6-billion in stock collecting dust – and all at a time when dealers are offering huge incentives for the summer sales season. Among the biggest losers – Genesis, the Hyundai luxury brand, sold only 18 of its high-end US$80,000 EV sedans in June, and some Audi and GMC EV models topped the 100-day inventory mark, Cox said.
By comparison, dealers have only 54 days’ worth of gas-powered vehicles on their lots, less than the usual 70-day threshold. The average cost of a gas-powered car is about US$30,000, less than half the price of the average EV.
While high interest rates and lingering inflation may be partly to blame for soft sales, the real story behind the unsold EVs is that while consumers may be interested in the concept, they are wary of buying them. The two big reasons for this gap between curiosity and purchase: price and charging concerns.
Horror stories of drivers and their families getting stranded in the record heat during summer vacation road trips when their EVs run out of juice have become commonplace.
Like the South Florida family I know who got stuck in a traffic jam in their Tesla just about 15 kilometres from home after a trip to Disney World near Orlando. After an hour of stop-and-go, and having turned off the air-conditioning in the 35-degree heat to conserve juice, they finally made it to an exit that took them to a service station with EV charging stations.
But relief was still more than an hour away – the lineup to use the chargers was long and winding – and when they finally plugged in, the electrical grid was so overloaded charging took longer than expected. The final 15 kilometres of their journey took more than three hours – a trek marked by frustration and near dehydration.
It will be interesting to watch how activists will view the glut of EVs through their green-coloured glasses. The reality of nearly 100,000 cars baking in the summer heat does not fit their narrative very well. More concerning, if EV makers can’t solve the problems of high prices and low charging availability, industry consolidation and a slowing of development may be the next bump in the road.
That, in turn, may spook the EV car market even more, perhaps to the point where even if automakers build them, buyers may not come.
https://www.theglobeandmail.com/business/commentary/article-unsold-electric-vehicles/
‘The final 15 kilometres of their journey took more than three hours – a trek marked by frustration and near dehydration’
Where do I sign up?
frustration and near dehydration
Oh Dear!
Aka not ready for prime time.
The final 15 kilometres of their journey took more than three hours
Walking at 15 minutes/mile (4 miles per hour) you could have completed the trip in about 2 hours 20 minutes.
walking at 20 minutes/mile you come in at about 3 hours 10 minutes. 15 KM = 9.3 Miles
“The average cost of a gas-powered car is about US$30,000, less than half the price of the average EV.”
My family owns a small fleet of used gasoline powered Japanese automobiles which represent some of the most remarkable engeneering achievements in planetary history in terms of affordably priced styling, fuel efficiency and reliability. I am perfectly content to keep a safe distance from the Tesla and Prius snobs who pay a premium to
crowd California freeways.
By comparison, dealers have only 54 days’ worth of gas-powered vehicles on their lots, less than the usual 70-day threshold.
Factor out pickups and I’ll bet that number is even smaller.
Good for local commuting and not much else. If you’re going out of town, rent a real car.
On Autotrader’s website I have six hot hatches saved to my watch list, and none of them have sold in the past month. Previously, they’d be sold-off in a week to ten days. Likely it’s the interest rates, which have gone from 4.5% to 7.5% for well qualified buyers. Cars are not assets, so eventually the prices will be cut to make the monthly payments doable again.
The Guardian — Why aren’t we more scared of the climate crisis? It’s complicated (7/22/2023)
Note the sub-heading: “Despite extreme heat and weather in the US, most Americans aren’t cowering in fear. There’s a psychological reason for it”
Cowering in fear? This is the #Narrative that globalist scum media are pushing.
“This summer in the United States, millions of people have experienced the intense effects of the climate crisis. The “heat dome” that has gripped the south-west for the past three weeks is expanding into the south-eastern states. Catastrophic flooding in the north-east has claimed lives and wiped out farmers’ crops. And the worst wildfire season in Canadian history has not only caused tens of thousands of Indigenous people to be displaced, but the accompanying smoke has also billowed over into the north-eastern and midwest US, setting records for poor air quality. In many cases, these events have caused irreparable damage and trauma to those directly affected, and can certainly feel like they’re encroaching on those people on the periphery. And yet despite the fact that we’re living through a climate disaster, most Americans aren’t cowering in fear every day about the future of our planet. There’s a psychological reason for that.
According to Brian Lickel, a social psychologist who researches human responses to threats, we aren’t designed to remain in a high state of fear for long. “A very fundamental feature of the normal kind of expected emotional processing is hedonic adaptation,” he said. “Our emotion system is designed to be labile, to go up or have certain responses, but then to not stick there.”
In her 2019 research surveying a sample of some 200 Americans, Clayton found that up to 20% said that their anxiety about the climate crisis is so bad that it impairs their ability to function normally, meaning they lose sleep or the ability to work or socialize normally. One part of the discussion that tends to come up, though, especially among young people, is the concern that others aren’t worrying enough.”
Others aren’t worrying enough? See also the last three years of the CCP Flu and “vaccine” hoax.
“Instead of spiraling, Lickel said it’s important to take care of our own mental health as we go through these scary times. One way to do that if you’re worried about the climate crisis might be to figure out life changes you can make that are good for you and for the planet”
https://archive.li/ltny3
Eat the bugs, live in the pod, pay more taxes to unelected globalist bureaucrats. The lifestyles of the rich won’t change, only yours will.
“Why aren’t we more scared of the climate crisis?”
Perhaps not everyone is a fan of carte blanche political manipulation?
‘The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by an endless series of hobgoblins, most of them imaginary.’
— H.L. Mencken, In Defense of Women
By Cheryl K. Chumley – The Washington Times – Thursday, July 6, 2023
The news cycle is filled with headlines about the “hottest day ever recorded,” and the “Earth’s hottest day,” and the “Earth sees third straight hottest day on record” — and so forth, and so on, and so we go. Make way for the spontaneous combustion of earth and with it, all of humanity, right?
Though it’s unofficial; there’s an interesting turn of phrase. It means the data is questionable. It means the numbers haven’t been verified. It means this whole hyped climate narrative about the hottest days on record is really just that — hype.
Even the stories themselves admit that. Just read.
https://www.washingtontimes.com/news/2023/jul/6/climate-hottest-day-lies-ratchet-and-lockdowns-loo/
“Even the stories themselves admit that. Just read.”
From the Washington comPost…
This July 4 was hot. Earth’s hottest day on record, in fact.
By Leo Sands
Published July 5, 2023
, according to data from the U.S. National Centers for Environmental Prediction.
As a result, some scientists believe July 4 may have been one of the hottest days on Earth in about 125,000 years, due to a dangerous combination of climate change causing global temperatures to soar,
“This is our ‘best guess’ of what the surface temperature at each point on earth was yesterday,” he said.
https://www.washingtonpost.com/climate-environment/2023/07/05/hottest-day-ever-recorded/
Even if it was the hottest on record, the records only go back 100 years out of the 4.5 billion years earth is estimated to have existed.
Don’t miss the subtlety that “hotter” means a higher nightly low to these guys, not a higher daily high.
Clayton found that up to 20% said that their anxiety about the climate crisis is so bad that it impairs their ability to function normally
Good grief. People really are that easy to scare. It reminds me of relatives who screamed at me to get jabbed, or I would die.
Globalist scum media.
NPR — Jason Aldean’s ‘Small Town’ is part of a long legacy with a very dark side (7/22/2023):
“Jason Aldean’s “Try That in a Small Town,” which ignited controversy this week over claims that the song and its new video promote white supremacy and violence, is far from the first country song to attack cities using racist dog whistles.
Aldean’s latest release invokes and builds on a lineage of anti-city songs in country music that place the rural and urban along not only a moral versus immoral binary, but an implicitly racialized one as well. Cities are painted as spaces where crime, sexual promiscuity and personal and financial ruin occur, while the “country” is meanwhile framed as a peaceful space where happiness reigns.
The discourse over city and country has evolved over time, and taken on its own identity within country music. Songs that pine for an idyllic rural past have been a part of country music since the genre was first invented as a marketing category for rural white Southerners in the 1920s.
While “Try That” echoes the anti-urban sentiment of “Okie,” it goes further, imagining city folks invading the country and expressing a desire to assert control over them and defend the small town from city influence. The song addresses those who might “carjack an old lady at a red light” or “pull a gun on the owner of the liquor store,” and footage in the video makes clear references to Black Lives Matter demonstrations. As Andrea Williams, a Nashville-based author, journalist and cultural critic, told me, “The video reflects a desire to control the actions of people in and outside of these towns, people who have grown tired of the exclusionary, oppressive antics of Aldean and his ilk — people who are, most often, Black.”
“Try That” ‘s invocation of “law and order” politics also distinguishes it from “Okie From Muskogee.” Kevin Kruse, a professor of history at Princeton University who specializes in 20th-century America with a particular interest in the making of modern conservatism, says that “Try That in a Small Town” builds on and evolves from common conservative rhetoric, but where the song departs is in its demands. “He’s calling for people who aren’t law enforcement to mete out violence against people who haven’t broken any laws,” Kruse explains. “This sounds like a ‘law and order’ appeal, but it’s actually a call to lawlessness.” Such calls vividly echo events such as the January 2021 insurrection that have come to define modern, far-right extremism.
https://archive.li/1bWX5
Lawlessness? Do they mean the “not my concern” kind of lawlessness?
California decriminalizing shoplifting of $950 of merchandise? Oregon decriminalizing all drugs?
NPR = NPC Public Radio (see also: Reddit). Soft, soft hands. Spaghetti noodle arms. The average male NPR listener weighs under 125 pounds. Or over 300 pounds (see also: Reddit).
“They’re not sending their best”
The average male NPR listener weighs under 125 pounds. Or over 300 pounds
That’s funny
Thanks for the laugh this morning
If one of these Soy Bois ever hits me, and I find out about it….
Maybe we should ask the opposite question. when was the last time we read about a carjacking. drive by or police shoot out in a redneck trailer park????
The foregoing changes may raise concerns about your investment. We plan to continue written communications weekly at a minimum and schedule a virtual town hall meeting next week,’ Siela said.”
Translation: color yer money gone, baggies!
“One LA is hoping two price cuts will do the trick to move the luxe, record-setting condo. The unit was Los Angeles’ priciest condo in 2022 when it hit the market with an ask of $75 million, but now a buyer can scoop it up for half that.
But…but a very authoritative poster here on the HBB assured us once upon a time that 50% off shack & skybox prices was a bitter renters’ pipe dream.
‘I actually love being a landlord, giving a home to families and seeing their children grow up, but I got into this business to make a profit, not just to scrape by.’”
The Flying Lizards – Money
https://www.youtube.com/watch?v=fVuSYUNAekc
I actually love being a landlord
Doing the Lord’s work.
. ‘I tried to sell it the year before last to release some capital towards buying a family home, but the market was flat and it just sat there for six months,’ explains Masters.
Better get to sawin’ and slashin’ like you mean it, Masters, if’n you want to offload that shack.
‘I don’t need new curtains or a sofa,’ said Beijing homeowner Jiang Ming, who is 58 and retired. ‘I’d like the value of my home to start rising again. I wonder if the good days are over.’”
China has 21% youth unemployment, Jiang. What’s the Chinese character for “deflation”?
#Nuremberg 2.0 can’t come soon enough.
https://pjmedia.com/news-and-politics/kevindowneyjr/2023/07/22/military-notes-a-spike-in-myocarditis-cases-wonder-why-n1712879
Conservative public interest advocacy group Defending the Republic (DTR) has obtained almost 15,000 pages of Moderna’s COVID-19 vaccine clinical trial data, claiming the data show an “utter lack of thoroughness” of the trials and calls the vaccine’s safety into “serious doubt.”
As a result of successful Freedom of Information Act (FOIA) litigation against the U.S. Food and Drug Administration (FDA), the group recently announced it had obtained—and is releasing—nearly 15,000 pages of documents relating to testing and adverse events associated with “Spikevax,” Moderna’s COVID-19 vaccine.
Since 2022, the group has been involved in litigation against the FDA relating to the production of data submitted by Moderna in support of its application to federal regulators for approval of its vaccine.
As a result, the FDA agreed to produce around 24,000 pages of the Moderna records by the end of this year, with the 15,000 pages being the first installment.
The records, some of which relate to adverse events related to the vaccine, include important information related to the safety profile of Spikevax, which was first authorized for emergency use in the United States in December 2020 and in January 2022 received full approval for adults.
One of the key takeaways from the documents is that many of those who died after receiving the Moderna vaccine were not given an autopsy.
“According to one study, 16 individuals died after being administered the Moderna vaccine. The study’s authors indicated that out of those 16 deaths, only two autopsies were performed, five of the dead were not autopsied, and the autopsy status of nine of the dead was ‘unknown,’” DTR said in a statement.
“Yet this did not stop those running these ‘studies’ from concluding, despite the absence of evidence, that the Moderna vaccine was not related to these deaths,” the group added.
As an example, the group gave the case of a 56-year-old woman who experienced ‘sudden death’ 182 days after receiving the second dose of the Moderna vaccine.
“The cause of death was unknown, and no autopsy was conducted. It seems they purposely decided not to investigate suspicious deaths in case the Moderna vaccine might be the cause,” the group stated.
There were also numerous examples in the clinical trial data of participants diagnosed with post-vaccination Bell’s Palsy and Shingles, with numerous vaccinated trial participants seeing the onset of Shingles less than 10 days after getting the shot.
The studies also showed that there were a number of serious adverse events noted in the vaccinated groups, with a number of participants experiencing heart attacks, pulmonary embolisms, and spontaneous miscarriages.
Overall, the group concludes that the 15,000 pages of data create “serious doubt concerning the safety of the Moderna vaccine and the FDA’s standards and approval of the Moderna vaccine.”
The 15,000 pages or so of data released by DTR, all of which can be found here, add to the growing body of evidence suggesting that the COVID-19 vaccines may not be as safe as advertised.
Elsewhere, a federal judge in Texas ordered the FDA to make public data it relied on to license COVID-19 vaccines at an accelerated rate, requiring all documents to be made public by mid-2025 rather than, as the FDA wanted, over the course of about 23.5 years.
In a May 9 decision hailed as a win for transparency by the lawyer representing the plaintiffs (the parents of a child injured by a COVID-19 vaccine) in a lawsuit (pdf) against the FDA, the agency was ordered to produce the data on Moderna’s vaccine for adults and Pfizer’s for children about 10 times faster than the agency wanted.
“Democracy dies behind closed doors,” is how U.S. District Judge Mark Pittman opened his order (pdf), which requires the FDA to produce the data on Moderna’s and Pfizer’s COVID-19 vaccines at an average rate of at least 180,000 pages per month.
The FDA had argued it would be “impractical” to release the estimated 4.8 million pages at more than between 1,000 and 16,000 pages per month, which would have taken at least 23.5 years.
The January 2022 order (pdf), also issued by Pittman, forced the FDA to produce all its data on Pfizer’s COVID-19 vaccine for those aged 16 and older at a rate of 55,000 pages per month, or much faster than the 75 years the agency had sought.
https://www.theepochtimes.com/article/serious-doubt-raised-about-covid-19-vaccine-safety-after-forced-release-of-15000-pages-of-clinical-trial-data-5414614
I’m going to re-post this as a reply to other HBB’ers who bring up the topic first. This is the public sentiment of this country in just under two years ago.
Gallup — American Public Opinion and Vaccination Requirements (9/3/2021):
“Americans’ political identity is strongly related to their opinions about vaccine requirements, echoing similar partisan differences on such issues as vaccination hesitancy, mask requirements and the importance of COVID-19 as the nation’s top problem. Very large majorities of Democrats are in favor of each of the five vaccination requirements tested …
The variation across these party/vaccination status groups is extreme. For example, 96% of vaccinated Democrats favor the requirement for proof of vaccination before flying on an airplane, compared with 12% of unvaccinated Republicans. Ninety-four percent of vaccinated Democrats favor the requirement for attendance at events, compared with 9% of unvaccinated Republicans.”
https://news.gallup.com/poll/354506/update-american-public-opinion-vaccination-requirements.aspx
A very simple explanation is that people who use logic and caution as guides in life are “Conservative”. People who rely upon fantasy and being told what to think are likely “Liberal”.
A reader sent these in:
If anyone doesn’t believe the combination of Batsh$t Crazy House Prices, unprecedented levels of Immigration and a 400% increase in Prime Rate related mortgage rates isn’t triggering bizarre, dangerous outcomes for average Canadian families BELIEVE IT
https://twitter.com/ronmortgageguy/status/1682377812391469058
Asking for a friend 🤔
https://twitter.com/WallStreetSilv/status/1682531668454699008
Yellow Freight is being kicked out of a Central States Pension fund. This man who worked there for 30 yrs was just told him he will no longer have a pension.
https://twitter.com/WallStreetSilv/status/1682519068518088705
For the first time in history this year, the rejection rate of auto loans exceeded the application rate, per Bloomberg.
https://twitter.com/unusual_whales/status/1682415385239273472
Active managers had less than 20% exposure to equities last October when the S&P 500 was at 3,500. Today their equity exposure has jumped above 99% with the S&P 500 above 4,500. This is the highest exposure since November 2021.
https://twitter.com/charliebilello/status/1682155527164375042
Currently there is the highest debt-to-income ratio in US housing since 2007, per FOX.
https://twitter.com/unusual_whales/status/1682017765069058049
Two weeks ago, mortgage rates have surged, with the average rate for a 30-year fixed mortgage reaching 7.22%, the highest since early November.
https://twitter.com/unusual_whales/status/1682254323797880833
Freight markets giving off recession vibes. Dave Jackson CEO of Knight-Swift on their conference call stated: “I don’t know that we’ve ever seen freight demand fall this far so fast and for so long without an accompanying economic recession.”
https://twitter.com/FreightAlley/status/1682818064629346304
The War in Ukraine Summarized:
https://twitter.com/WallStreetSilv/status/1682769712898355201
Recessions surprise investors every time. It always looks like a soft landing, until it doesn’t, and that’s when minds are changed. Too soon to declare it’s different this time – as so many have done so before. Behavioral patterns repeat across history.
https://twitter.com/MichaelKantro/status/1682800052400447488
For the first time in history this year, the rejection rate of auto loans exceeded the application rate, per Bloomberg.
I think they meant acceptance rate. Otherwise they re turning down people who didn’t apply for a loan.
I didn’t think it was possible to be rejected for an auto loan. Who knew….
I think they meant acceptance rate. Otherwise they re turning down people who didn’t apply for a loan.
Thanks,
I had the same question but your response Makes more sense
“I don’t know that we’ve ever seen freight demand fall this far so fast and for so long without an accompanying economic recession.”
If the MSM says there isn’t a recession, then there isn’t one. Got it? This is misinformation! Everything is hunky dory.
I think it’s “malinformation”. True but bad for you to know.
“Currently there is the highest debt-to-income ratio in US housing since 2007, per FOX.”
Wonder what happened after ‘07….🤔
I was told this time is different because the loans are sound and everyone has plenty of equity
“StoryBuilt — which has developed projects in Austin, Dallas, Seattle and Denver — will be bringing in bridge capital, he said. ‘The foregoing changes may raise concerns about your investment.”
Where does ‘bridge capital’ originate, and if it has to be borrowed, at what interest rate? It almost sounds as though they are raising new money to placate current investors.
Once you’re above [104 degrees Fahrenheit] you start to have a breakdown of the passive emission layer on the anode, and that breakdown will then cause consumption of the liquid electrolyte, which will shorten the lifetime of your battery,”
https://news.yahoo.com/too-hot-evs-172000376.html
Electric vehicles = FAIL.
The administration of the Unelected Occupant is now pushing for a ban on all gas powered generators.
The grid can’t support charging all these phony electric vehicles, so now when the grid is “taken down” for whatever WEF phony lockdown, you can’t run your home’s electrical panel off of a generator.
See also: South Africa. That’s the future that these globalists want for you.
Reuters (1/11/2023):
“South African power cuts worsened on Wednesday as struggling state utility Eskom said it would extend its worst-ever outages until further notice.
The “Stage 6″ power cuts mean six to eight hours a day without power for most South Africans and require up to 6,000 megawatts (MW) of capacity to be shed from the national grid.
They are a major source of public frustration with the governing African National Congress party, whose support among voters is sliding, and a brake on economic growth in Africa’s most industrialised nation.
The country witnessed more than 200 days of power cuts in 2022, the most in a calendar year, and the situation could get even worse in 2023.”
https://www.reuters.com/business/energy/south-african-power-cuts-worsen-eskom-extends-worst-ever-outages-2023-01-11/
The administration of the Unelected Occupant is now pushing for a ban on all gas powered generators.
I got a very nice bonus this year. Perhaps I should buy one while I still can.
Will they ban gas? You might need a wood powered generator
More likely it will be taxed to death. Which is the plan for about everything the globalists want to do to us, but not themselves.
Lil’ Fidel gets a warm reception from his adoring countrymen.
https://www.youtube.com/watch?v=mOjbDBKu0aU
Where is AlbuquerqueDan when you need to read a hopeful take on the Chinese real estate situation?
“…the more worrying downturn in the enormous Chinese real-estate market. Average citizens who have stored most of their savings in housing are suddenly finding their main nest egg a dwindling investment. Buildings in some of the country’s biggest cities stand eerily vacant. And the 100 biggest developers saw their sales values fall more than 28% last month, on a year-on-year basis.”
In a word: CR8R
New Chinese vice-premier He Lifeng has been a vocal proponent of the Greater Bay Area initiative and has worked with Xi Jinping since the 1980s.
July 20, 2023
Author: Craig Mellow
China’s new vice premier, He Lifeng
Receiving a bow from the US Treasury Secretary Janet Yellen is an auspicious way to debut in the world of global diplomacy. Such was the coming out that Chinese vice-premier He Lifeng enjoyed during Yellen’s July olive-branch visit.
Chinese chains of command can be less than transparent. He’s star turn with Yellen marked him as Xi Jinping’s new economic emissary, heir to Lui He, who hammered out trade deals with Donald Trump’s administration, among other achievements.
Whether He, 68, can fill Lui’s shoes is another question. He lacks his predecessor’s fluent English and Harvard graduate degree, instead attaining his current position by riding Xi’s coattails beginning in the 1980s, while they were Chinese Community Party officials in the booming Fujian province.
His predilection for massive development projects earned the future vice-premier the nickname “He, The Big Demolisher.” But not all of his schemes worked out. “He is well known for financing one of the biggest ghost cities in China, the Yujiapu Financial District,” notes Victor Shih, director of the 21st Century China Center at the University of California San Diego.
…
https://www.gfmag.com/magazine/july-august-2023/he-lifeng-new-vice-premier-china
Yahoo
AFP
Chinese ghost town of mansions reclaimed by farmers
Matthew WALSH
Wed, July 19, 2023 at 9:47 PM PDT·3 min read
A luxury complex in Shenyang whose crumbling verandas and overgrown arches are stark symbols of a housing market in China crippled by its own excess (Jade GAO)
Cattle wander between the concrete shells of half-finished mansions in northeastern China, some of the only occupants of a luxury complex whose crumbling verandas and overgrown arches are stark symbols of a housing market crippled by its own excess.
Property giant Greenland Group broke ground on the development nestled in the hills around Shenyang, an industrial city of 9 million, in 2010 — when the real estate sector’s lightning growth was in full swing.
But around two years later, the State Guest Mansions project — lavishly planned as 260 European-style villas complete with swanky facilities for visitors of the provincial government — was abandoned.
Local farmers now plough land that was envisaged as manicured gardens for the wealthy and politically connected, while feral dogs patrol crudely built poultry pens and double garages crammed with hay bales and farm equipment.
The reasons for the project’s failure remain unclear, though locals have their suspicions.
“Frankly, it was because of official corruption,” a farmer named Guo told AFP as he dug for edible weeds beneath a creaking 10-metre-high metal fence screening the development from a nearby highway.
…
https://news.yahoo.com/chinese-ghost-town-mansions-reclaimed-044710409.html
Ozymandias
By Percy Bysshe Shelley
I met a traveller from an antique land,
Who said—“Two vast and trunkless legs of stone
Stand in the desert. . . . Near them, on the sand,
Half sunk a shattered visage lies, whose frown,
And wrinkled lip, and sneer of cold command,
Tell that its sculptor well those passions read
Which yet survive, stamped on these lifeless things,
The hand that mocked them, and the heart that fed;
And on the pedestal, these words appear:
My name is Ozymandias, King of Kings;
Look on my Works, ye Mighty, and despair!
Nothing beside remains. Round the decay
Of that colossal Wreck, boundless and bare
The lone and level sands stretch far away.”
Russia Today — Putin estimates Kiev’s counteroffensive losses (7/23/2023):
“On Sunday, Putin met with Belarusian President Alexander Lukashenko in St. Petersburg, who said, citing US intelligence assessment, that the Ukrainian military has sustained 26,000 “irreplaceable losses.” “It’s more than that,” Putin replied.
In addition to this, Russian forces have eliminated numerous foreign fighters in Ukraine, he said. “Foreign mercenaries… are also suffering significant losses. Because of their stupidity.”
Putin recently described Ukraine’s losses during the counteroffensive – which Moscow says has failed to gain any ground – as “catastrophic” and exceeding Russia’s by a factor of ten.
https://www.rt.com/russia/580154-putin-ukraine-counteroffensive-losses/
Remember, you will get more truth from Russian state media than you ever will from the New York Times or Washington Post, which have been so eloquently (and accurately) described as “the enemy of the American people.”
Latest from Michael Anton, worth reading in full (7/21/2023):
“Recently, I was asked to make the “pessimistic case for the future.” I present instead more of a “pessimistic take on the present.” The future, while imminent, is obscure. The present, by contrast, is knowable. This is also not so much a “case” replete with exhaustive evidence—there isn’t space for that, nor is there a need—as a quick tour through our present hell.
We Americans are supposed to govern ourselves via a constitution that rests on a specific understanding of natural right (right and wrong, good and evil, better and worse exist by nature) and natural rights (government’s job is to secure people’s God-given rights to life, liberty, property, etc.). The Constitution specifically declares and delimits the purposes of government and its powers, and it specifies how we the people choose the officers of the state, who are supposed to exercise those powers.
We still choose, sort of, but that hardly matters, because the people we nominally elect do not hold real power. And when they do, they often use it for unconstitutional ends. America’s real rulers are not the constitutional officers we nominally elect, and certainly not the American people, whom our understanding of political legitimacy asserts to be sovereign. They are, rather, a network of unelected bureaucrats, revolving-door Cabinet and subcabinet officials, corporate-tech-finance senior management, “experts” who set the boundaries of acceptable opinion, and media figures who police them.
Add to this the routine, repeated violations of our explicitly guaranteed rights—Big Tech censoring free speech, big cities denying the right of self-defense, the government itself violating the right to be secure in one’s person, home, papers, and effects, against unreasonable searches and seizures—and it becomes more than a stretch to describe the United States as any longer a “constitutional republic.”
Compare the treatment of the Jan. 6 protesters with the total impunity granted to the summer 2020 rioters. One example: Two lawyers, literally caught throwing Molotov cocktails, were given slaps on the wrist. Meanwhile, Kyle Rittenhouse was charged with first-degree murder (one of six charges) for shooting two deranged thugs who were in the process of trying to kill him. All over the country, and especially in blue-ruled precincts, acts of self-defense will get you arrested, jailed, and possibly imprisoned. Meanwhile, in the Black Lives Matter era, so long as the perp is the correct race or acting in a sanctified cause, violence and arson are excused.
In huge parts of the country, we’ve stopped trying to fight crime. “Bail reform” lets dangerous criminals out of jail the same day they’re caught. Witness the psycho who lunged at New York’s Republican gubernatorial candidate with a knife. He was apprehended—and released that day. Granted, in that case, the feds did rearrest him. But all over the country, thousands of offenders are much luckier.
Bail reform assumes that offenders are caught in the first place. Which, in the “defund-the-police” era, many are not. Crime has spiked dramatically since 2020 (and had already been rising since the first BLM riots in 2014).
We may try to console ourselves with the observation that we’re still nowhere close to the crime peaks of the mid-1970s through the early ’90s. But even with the massive declines that followed, we never even got close to the negligible crime rates of the pre-1960s era. Worse, we appear to have entirely lost the will to try. Worse still, our elites have moved beyond mere unwillingness to fight crime and into an almost positive embrace of leniency. Our cities, which still haven’t recovered from being sacked in 2020, face ongoing gunbattles, random attacks, subway pushings, and beatdowns of the elderly that our elected and appointed leaders refuse to do anything about.”
https://compactmag.com/article/the-pessimistic-case-for-the-future
Sharing these specific excerpts about crime, because it is YOUR PROPERTY TAXES paid to these cities that pay for nothing as far as law enforcement is concerned.
Sounds like a “That’s not my concern” kind of thing…
‘our elites’
IMO if you use language like that you are a big part of the problem.
More like elites imposed on us, In other words: usurpers.
Anton is a talented writer. I won’t let one poorly chosen phrase deter me from reading his material.
That’s not what I’m saying. We have to get the words right. If the constitution means one thing, it’s that in the country we don’t have royalty. Let’s go back to 2014 or so. I first started finding articles in the usual globalist scum media: Thompson-Reuters and the Associated Press, with the writers calling davos scum ‘elites’. I mentioned it more than once because it was a vast change. Why were these supposed third-party writers suddenly adding descriptors that the subjects themselves didn’t say? And a very loaded word. It persisted and I’ve steadily called them out. Here we are, in 2023 and everybody calls these skid marks that. Even patriotic people, and I think we should put a cold stop to it.
What they did in 2014, in those sleazy offices, was set out to train people. Let’s work elites into the dialog, they won’t fall for masters. All along I pointed out the term elitist was derogatory as far as I’ve heard it used. They changed the way people identify these scalawags, and most (the globalist scum press especially) just go right along with it. It’s a disgusting term in a free society, but more so in these united states because of our constitution. This is part of their long game IMO and it stunk then and stinks more in retrospect.
elite
Agree, conditioning, promotes the control they want so badly.
Sometimes the language used is just stupid and petty. Yahoo yesterday, in an article about water heaters:
Former President Donald Trump, a Republican, complained about efficiency standards for shower heads, saying that they interfered with the rinsing of his hair.
If the constitution means one thing, it’s that in the country we don’t have royalty.
I would add that we should not be using the term “entitlements” in reference to Social Security and Medicare. Article I, Section 9 of the U.S. Constitution says “No Title of Nobility shall be granted by the United States”. Yet recipients of Social Security and Medicare deem themselves “entitled” to such without allowing any democratic debate or discussion to influence the matter. Rethinking this concept could dramatically alter the view of the supposed $96 Trillion unfunded “liability” which has been imposed upon the working generations without their consent.
It’s a disgusting term in a free society,
Very thought provoking comment. It doesn’t help that we use the word readily for someone who is at the top of their game, performance wise. Just a little tweak and we’ve got royalty supposedly.
“We Have Two-Track “Justice”
“How the same offense is treated by our “justice” system depends on who’s committed it and, often, for what purpose. At the upper strata, compare the treatment of Hillary Clinton, James Comey, and Andrew McCabe with that of Roger Stone, Paul Manafort, Steve Bannon, Carter Page, and Michael Flynn. Clinton illegally hid, and then deleted, her proprietary—and classified—communications from government records. Comey and McCabe orchestrated the Russia Hoax and lied about it. None of these three was even charged.”
“The latter five have all been hounded by the state—some convicted and imprisoned, all at least bankrupted and defamed. Their crimes, to the extent that any were even committed, were all much less serious than those of the regime darlings.”
https://youtu.be/ZB52NEPJxUs
zerohedge
@zerohedge
8:45 AM · Jul 23, 2023
Biden Admin Begs Employers To Pay For Health Insurance As 3.8 Million Americans Set To Lose Medicaid
During the pandemic, the government paused Medicaid terminations until March 31, 2023. Now, four months later, state Medicaid agencies are returning to regular operations, renewing coverage for those who are eligible, while terminating it for those who no longer qualify.
According to the nonprofit KFF, more than 3 million people from 33 states lost Medicaid coverage in April, which occurred when those Covid-19 protections expired.
In March 2023, Medicaid coverage surged to a historic high of more than 93 million Americans, after Congress barred states from disenrolling people during the pandemic starting in March 2020.
https://twitter.com/zerohedge/status/1683095904532701184?s=20
Medicaid coverage surged to a historic high of more than 93 million
Almost 1 in three people. I hesitate to use the word “Americans” because I’m certain that not only is a large percentage of those 93 million not American citizens, many of them are here illegally.
I guess that’s in addition to the 66 million on Medicare.
in addition to the 66 million on Medicare
And they say the US doesn’t have socialized healthcare.
Some rare good news. Ballot petitioners outside of King Soopers this afternoon collecting signatures for the property tax reduction measure for this November, which I happily signed.
You mean prop HH? They want to use the TABOR refunds to reduce property taxes.
CNBC pushing the propaganda and lies (7/23/2023):
“With extreme heat waves and climate-related disasters becoming more frequent across the U.S., some politicians are becoming more urgent in their call for action.
“The climate change bomb has gone off. … The earth is screaming at us,” Washington state Governor Jay Inslee said Sunday on ABC’s “This Week.”
“There’s good news,” he added, noting that “this is a solvable problem. But we need to stop using fossil fuels. That is the only solution to this massive assault on humanity.”
The governor underscored both short-term measures and longer-timeline initiatives to reduce fossil fuel usage. Washington state is switching to electric-powered ferries and stopping the sale of internal combustion cars after 2035, said Inslee.
https://www.cnbc.com/2023/07/23/us-needs-to-go-further-and-faster-to-achieve-climate-goals-lawmakers-say-.html
Nothing more than a money grab. The lifestyles of the rich won’t change, only yours will.
Follow the money…
That guy is such a clown I’m surprised he’s not a front-runner for the Dem nomination.
Forgot to point out the Freudian slip with “massive assault on humanity.”
“Sue Hull has spent almost three decades building up a small buy-to-let portfolio, which she hoped would support her into old age. Today, she is considering dismantling her little empire of houses in Essex and Sussex, because the numbers no longer stack up. ‘I don’t want to sell; I have to,’ says Hull, 49. ‘I actually love being a landlord, giving a home to families and seeing their children grow up, but I got into this business to make a profit, not just to scrape by.'”
Instead of people like this, you’ll rent from megaconglomerates, hedge funds, and speculator scum, and you’ll like it.
‘We really should compare numbers to pre-Covid, because last year and the year before will always stand out as anomalies’
Roger got the memo: play down 2000 to 2022.
‘But those times to contract are no canary in the coal mine’
They are are way up Roger.
‘has spent almost three decades building up a small buy-to-let portfolio’
Wa happened to the cash out refi money Sue?
‘I don’t want to sell; I have to…I got into this business to make a profit, not just to scrape by’
That can only mean you borrowed too much Sue.
‘In the tech hub of Shenzhen, famous for having been the center of southern China’s ‘workshop of the world,’ growth was explosive for decades, even by China standards. That has begun to dry up, and an anecdote from a recent report illustrates the boom-to-bust times’
This is historic and a reminder that no matter how seemingly powerful and long lasting these things can be, they can also fall apart fast.
“I’d Like The Value Of My Home To Start Rising Again”
https://youtu.be/42jlK_L8heM
Joe Biden is the Second Most Unpopular President in Modern U.S. History.
Lauren Elizabeth
5 days ago
Andrew Romano with Yahoo writes:
“At this point in his term — about 910 days in — Joe Biden is the second-most-unpopular president in modern U.S. history. As of July 18, Biden’s average job-approval rating, according to the poll aggregators at FiveThirtyEight, is a paltry 39.1%; his average disapproval rating is 55.4%. That means his “net approval rating” is -16.3%, which is well “underwater,” as pollsters like to say.
Negative 16.3% is also really bad historically speaking. In fact, the only president with weaker numbers than Biden was Jimmy Carter, who hit -28.6% on day 910. At the time, just 29% of Americans approved of Carter’s performance on average, while 57.6% disapproved…”
https://medium.com/@xlauren-mx/joe-biden-is-the-second-most-unpopular-president-in-modern-u-s-history-5e95e90aa3ba
The Rolling Stones – Memory Motel
https://youtu.be/bE96fz6BWqk