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I Was Sold A Dream But I Actually Bought A Nightmare

It’s Friday desk clearing time for this blogger. “Austin, Phoenix and San Jose have seen home prices fall since the beginning of the year, but those markets were already among the most expensive in the nation. But now price declines are beginning to show up in cities whose median home price was already below the national average. ‘Generally, there are two things that can drive an increase in price reductions,’ said Realtor.com Chief Economist Danielle Hale. ‘One is if you have more homes on the market. Two is if there is a mismatch between what sellers are expecting and what buyers are willing and able to afford.’ In this case, it’s the latter.”

“The data show cities with the most price declines tend to be in the South and Midwest, where the number of homes for sale has been growing along with prices. Huntsville Alabama had, by far the largest median home price – $407,000 – so it also experienced the most price cuts. The number of price cuts increased by 69% over July 2022. But even McAllen, Texas, with a median home price of $289,000, experienced a 50% increase in price cuts year-over-year.”

“The Treasure Coast real estate market has been resilient and slowly normalizing this summer, amid low inventory and higher mortgage rates, according to the latest data released in August. More houses were for sale in July compared to June, but fewer sold. Homes sold faster and prices were down in Indian River County: : $377,500 in July, down 9.03% from $415,000 in June. Throughout Florida in July, the number of home sales declined and the annual rate of home price growth slowed.”

“Housing prices in Utah are definitely not what they used to be. That housing market correction has impacted some areas more than others. In Salt Lake County, the median single-family home price dropped to $582,500 in the second quarter of 2023, a 7% decline from $623,138 during the same period last year. Utah County also saw a 7% drop, while Davis County saw a 5% drop, Weber County a 6% drop, and Tooele County a 9% drop. In Glendale’s 84104 ZIP code, the median single-family home price dropped to $381,000 in the second quarter of 2023, a 7% decline from the area’s median price of $409,000 a year ago. South Ogden, Weber County (84403): $400,000, down 9% from last year. Roy, Weber County (84067): $410,000, down 8% from last year. Kearns, Salt Lake County (84118): $420,000, down 7% from last year. West Valley City, Salt Lake County (84119): $420,000, down 4% from last year.”

“A little over 12 percent of San Francisco homes that sold between May and July traded for less than what their owners paid for them, with the median deficit of $100,000 tied with New York for the largest in the country. That figure doesn’t include additional possible losses due to staging costs or agent commissions. Home values in San Francisco had fallen by almost 8 percent year over year in June, a loss of nearly $60 billion in aggregate, according to Redfin data. Los Angeles saw the biggest decline in aggregate home value at nearly $153 billion, followed by Oakland at almost $86 billion. Compass Chief Market Analyst Patrick Carlisle pointed out that while it’s true that San Francisco values have come down, short-time owners who bought during the ‘relatively short period of the overheated pandemic boom’ are the most likely to be impacted.”

“The Redfin data includes different types of residential properties and Carlisle made a distinction between single-family homes, which have largely gone back to 2020 prices, and condos, which are at 2015 prices, with those outside the downtown core closer to 2019 pricing.”

“An Englewood man who owes 189 home buyers $6 million for tiny homes they never received spent money in some very curious ways, according to a trustee assigned by the U.S. Bankruptcy Court in Denver. Matthew Sowash, the man behind Holy Ground Tiny Homes and Revelations in Christ Ministries, filed bankruptcy on Oct. 7, 2022. Numerous customers told the Problem Solvers they paid for tiny homes they never received. In the first half of 2022, Holy Ground spent $55,000 on ‘extraordinary travel-related expenses’ to Las Vegas while only $10,000 of these travel expenses ‘appear to be related to the delivery of the tiny homes,’ according to the report.”

“The investigative report found that in 2021, Holy Ground spent $4.4 million on materials to build homes that it sold for $2.6 million. In 2022, it spent $5.3 million to build homes it sold for $2 million. Attorney Arthur Lindquist-Kleissler, who represents a couple that claims to have given Sowash their life savings for a tiny home they never received, told FOX31 the investigative report filed by the trustee didn’t go far enough. Lindquist-Kleissler wrote: ‘My clients gave their hard earned money, as well as borrowed monies (their life savings) to a Debtor and it’s principal who knew or should have known that they could not deliver on their promises. The Trustee’s Report evidences far more than ‘incompetence’ or mismanagement on the part of the Debtor and its management.'”

“A water war is underway in Laughlin as existing storage limitations prevent local developers from building any new homes, while who should bear the cost of expanding it remains contingent. Spokesperson Carrie Larson says they brought the concept of RV garages to the area in 2000, which has spiked the interests of those primarily out of state and retired people looking for a big home with a small-town feel. ‘They’re asking us to fork over $11 million to use about seven and a half percent of that water storage,’ Larson said, standing in between newly developed homes and the 40 empty acres of land next to them. ‘There’s too many small parcels in Laughlin that aren’t able to absorb those kinds of costs to develop, which basically means you can’t develop and now your land is worthless.'”

“When Sarah Dueck and her husband bought a new house in Langley, B.C., two years ago, interest rates were low. They had little doubt they could pay off their variable-rate mortgage. ‘All the messaging from the Bank of Canada was that, you know, interest rates would be low for a while and that they’d increase slowly when they did,’ she told The Current’s Matt Galloway. ‘So we thought, you know, on a five-year term, we’re pretty confident that variable rate was a good way to go.’ But as interest rates skyrocket, Dueck doesn’t know how much longer they can keep paying for the home.”

“Dueck and her husband are now staring at mortgage payments of $6,300 per month — up by $2,700 a month in payments since they bought the house. They’ve cut various expenses to make ends meet, from cancelling investment contributions to cutting back on family visits to Ontario. But if the rates continue to rise, Dueck doesn’t know if they’ll be able to keep up. ‘It’s definitely been a hardship,’ Dueck said. ‘It’s something that’s been on our minds. A lot of conversations about finances, about budgets. Our future is entirely tied up in our house.'”

“Furious residents who paid up to £300,000 for new homes say they were ‘sold a dream but are living in a nightmare’ following an alleged catalogue of building blunders. Homeowners on the Broad Lea development on the edge of Worcester have complained about flooding, dodgy electrics, a foul smell coming from the drains, ill-fitting doors, windows and carpets and crumbling brickwork. The group are taking legal action against landowners Platform and developers United Living who opened the estate in 2021. Homeowner Shaun Barnes, 35, said: ‘We have been fobbed off at every turn after complying with everything they have asked for at every turn. It has been horrific. We saw shared ownership as a great way to get on to the property ladder – it was sold to us as a good opportunity. Unfortunately it has not been that, it has been extremely stressful and we feel like cash cows for massive companies.'”

“Another resident said: ‘Buying this property was the worst mistake of my life. I was sold a dream but I actually bought a nightmare. Everything in my house is badly done and almost every house on the development has suffered similar problems. One workman was filmed pouring cement down a drain outside. We are already convinced the drains are blocked because the smell is just terrible. The smell started in the bathroom but now fills every room in the house. It’s an absolute joke.'”

“A distraught homeowner is demanding his former builder pay him back his deposit to save him from a nightmarish limbo. Queensland man Ravi Batra signed a contract with a building firm nearly two years ago but aside from a demolished home, no work has commenced. As the construction dragged on, Mr Batra set deadlines which he says were consistently not met. With his bank warning him that they had been waiting more than a year for him to take out the loan, he took matters into his own hands and hired a solicitor in May. He believes he is entitled to a $30,000 refund, calculated by the deposit paid and the minimal work carried out. But the builder ‘did not even bother to even respond to (the) Breach of Contract notice or the Contract Termination notice.’ ‘All this time I am losing rent, I am paying council rates,’ Mr Batra lamented.”

“‘He said give me $20,000 to get the process moving along. He said he will give me a credit when he gets the advance,’ the Queenslander said. ‘I had been concerned all along, but I thought at least he is working. I thought that was probably the amount he spent in demolition.’ But that was it. Since April this year, Mr Batra says he has not heard anything from 5Rivers or Mr Bhalla. Mr Batra paid the $46,000 deposit and the additional $20,000 progress payment. With the demolition factored in, he has demanded that $30,000 be returned to him. But after the notice of the alleged contract breach, and the contract termination, he is yet to hear anything from his former builder.”

“China is in trouble. The world’s second-largest economy is grappling with growing financial distress, which means big problems for the nation’s nearly $3 trillion shadow banking industry. For years they’ve enjoyed a reputation as safe investment vehicles, with the now discredited notion that they were protected against loss of capital. But now, China’s economic woes have led some trusts to fail and saddled others with the risk of massive financial losses, leaving billions of dollars at the mercy of a slowing economy. Some trusts are already falling, according to Chinese state media. Others may be teetering on the edge. Zhongrong, one of the country’s largest trusts, which managed about $87 billion worth of funds for corporate clients and wealthy individuals as of the end of 2022, missed payments to clients in August.”

“So far, ‘we’ve seen defaults where the Chinese government is not stepping in,’ said Phillip Toews of Toews Asset Management. That lack of intervention has led to a wave of protests by angry investors and heightened police presence outside of the offices of Zhongrong. The protests could indicate that the trust’s problems run deeper than previously believed. ‘The real interesting question to see is if [these protests] expand and if the government will step in. It doesn’t really matter whether it’s a real bank or a shadow bank, it’s still money that’s effectively vaporizing from the economy and they certainly can’t tolerate a lot of additional money disappearing through shadow bank defaults,’ he said.”

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This Post Has 153 Comments

  1. ‘while it’s true that San Francisco values have come down, short-time owners who bought during the ‘relatively short period of the overheated pandemic boom’ are the most likely to be impacted’

    But Pat, these were my winnahs!

    ‘The Redfin data includes different types of residential properties and Carlisle made a distinction between single-family homes, which have largely gone back to 2020 prices, and condos, which are at 2015 prices, with those outside the downtown core closer to 2019 pricing’

    So the whole minor respiratory illness bonanza is gone. Just like that.

  2. Housing?

    Do you remember in 2021 when the government threatened to get you FIRED FROM YOUR JOB for not getting injected with deadly experimental mRNA poison?

    No job –> no paycheck –> no mortgage or rent.

    That’s housing. Get injected, or become homeless.

      3. No long term animal or human testing. Just inject it and keep injecting it. We’ll find out what happens to humanity in 2-10 years

  3. ‘All the messaging from the Bank of Canada was that, you know, interest rates would be low for a while and that they’d increase slowly when they did…So we thought, you know, on a five-year term, we’re pretty confident that variable rate was a good way to go’

    Tiff broke it off in yer a$$ Sarah.

    ‘Dueck doesn’t know if they’ll be able to keep up. ‘It’s definitely been a hardship,’ Dueck said. ‘It’s something that’s been on our minds. A lot of conversations about finances, about budgets. Our future is entirely tied up in our house’

    Is yer fridge still plugged in Sarah? There shouldn’t be a scrap of food in the shack if you want to be a winnah!

  4. “Home values in San Francisco had fallen by almost 8 percent year over year in June, a loss of nearly $60 billion in aggregate, according to Redfin data. Los Angeles saw the biggest decline in aggregate home value at nearly $153 billion, followed by Oakland at almost $86 billion.”

    Got red hotcakes?

  5. ‘it has been extremely stressful and we feel like cash cows for massive companies’

    You say that like it’s a bad thing Shaun.

    ‘He said give me $20,000 to get the process moving along. He said he will give me a credit when he gets the advance,’ the Queenslander said…Mr Batra paid the $46,000 deposit and the additional $20,000 progress payment. With the demolition factored in, he has demanded that $30,000 be returned to him. But after the notice of the alleged contract breach, and the contract termination, he is yet to hear anything from his former builder’

    Have you tried smoke signals Ravi?

  7. This is the list of a$$ poundings from the first link:

    these markets may be worth a look:

    Huntsville, Ala.

    Lafayette, La.

    McAllen. Texas

    Jackson, Miss.

    Augusta, Ga.

    Memphis, Tenn.

    Fort Collins, Colo.

    Cape Coral, Fla.

    Greenville, S.C.

    Fort Wayne, Ind.

  9. Megyn Kelly, a veteran journalist and podcaster, said Wednesday that she deeply regrets getting the COVID-19 vaccine because she believes she has suffered a vaccine injury.

    Ms. Kelly said that she regrets getting vaccinated and then boosted, saying she doesn’t think it was necessary—and that a doctor told her that an autoimmune condition she developed after getting the shot may be related to the vaccine.

    “I regret getting the vaccine even though I’m a 52-year-old woman because I don’t think I needed it,” Ms. Kelly said during a Sept. 6 episode of her podcast. “I think I would have been fine. I had got COVID many times, and it was well past when the vaccine was doing what it was supposed to be doing,” she added.

    “For the first time, I tested positive for an autoimmune issue at my annual physical. And I went to the best rheumatologist in New York, and I asked her, do you think this could have to do with the fact that I got the damn booster and then got COVID within three weeks? And she said yes. Yes. I wasn’t the only one she’d seen that with,” Ms. Kelly said.

    Her current vaccine regret stands in contrast to remarks she made in April 2021, when she said she had “zero qualms” about getting the shot. “Am getting the [Johnson & Johnson] vaccine this [weekend]. Have zero qualms [because] have spent a life immersed in a media obsessed with fear-mongering that is often irresponsible and untrue. Do what your doctor tells you to do and ignore everyone else,” she said in a post on X, formerly Twitter.

    Ms. Kelly’s expression of regret at getting the shot comes amid reports linking spike protein-based COVID-19 vaccines to skin problems, a dull ringing in the ears known as tinnitus, visual impairments, blood clotting, and even death.

    Another study published by Circulation showed that some children who experienced heart inflammation after COVID-19 vaccination had scarring on their hearts months later.

    https://www.theepochtimes.com/article/megyn-kelly-drops-vaccine-injury-bombshell-regrets-getting-covid-shot-5487735

    1. +1

      I enjoy these threads about the alleged “vaccines” and all the injury and death they caused and will continue to cause.

      NPC’s on this very blog think that ignoring the topic will make it go away, that it will be forgotten.

      The employer vaccine mandate was implemented by an illegitimate administration that was not duly elected into office.

      Stolen elections have consequences: get injected or get fired from your job. That’s the economy, that’s housing.

      1. Everybody seems to have forgotten this gene therapy fatality:
        https://sciencehistory.org/stories/magazine/the-death-of-jesse-gelsinger-20-years-later/

        What complication Jesse died of was completely unexpected, I think that the therapy interfered with his mitochondria–whatever the cause, this danger was not anticipated and even today, the failure of this gene therapy attempt has been buried by the scientific community.

        This doesn’t mean that gene therapy or related approaches are all going to be failures, but it demonstrates the need for long and careful drug development and clinical trials before you go off and vaccine 7 billion people.

        I read on Wikipedia that DARPA was involved in mRNA vaccine research in the beginning. So it’s not conspiracy theory nonsense to say that the US Government was involved in this mRNA vaccine.

        I’m beginning to think that DARPA has been very involved in both the gain of function and the nRNA vaccine research. But because of the very strict research regulation that exist in this country, DARPA went and hired outside companies to conduct the research outside of the USA. Like maybe they were sponsoring research in WUHAN, CHINA.

        I’m not a big conspiracy theory believer, but from the get go everything about Covid-19 was not fitting into place the way all other infectious disease outbreaks were handled. Only the government, for example, could give EUAs away like they were cheap vitamins. Just go look at the long process Amgen had to go through with their ground breaking biotech drugs (Epogen and Neupogen). Safety was the prime concern. There was none of this “Lets give it to everybody” attitude. Even so, these were breakthrough drugs that made Amgen billions.

        1. long and careful drug development and clinical trials

          My mother was a regulatory affairs and clinical development professional who specialized in gene and stem cell therapies. I distinctly remember reading the FDA Warning Letter to the University of Pennsylvania’s Institute for Human Gene Therapy.

    2. Globalist scum media talking heads were at the forefront of the cheerleading for the coercive jab campaign. Now they have a moral obligation to go public if they are vaccine-injured and seek forgiveness for their role in promoting & enabling this globalist-engineered depopulation scheme.

    3. I would have taken the shots ,but my wife talked me out of it, so happy for us both now, now I’m re-thinking my bi-yearly flu shots, I’ve done them about every other year for the past decade….any thoughts on that , they may get me that way , with all the lies now…..

      1. any thoughts on that

        I will never get another vaccine. My husband will never get another vaccine. My son will never get another vaccine. I will instruct future successor trustees for my son’s special needs trust that he is not to receive another vaccine.

        2. I will never get another vaccine.

          Same here. There is no way of knowing what is in those vials. Even something as old school as a tetanus shot is now suspect.

      2. No more needles ever. You don’t need the flu shot. Just take vitamin D3, magnesium, and zinc during flu season. If you start to feel sick, add quercetin and vitamin C. I haven’t gotten sick in years.

    4. “Megyn Kelly, a veteran journalist and podcaster, said Wednesday that she deeply regrets getting the COVID-19 vaccine because she believes she has suffered a vaccine injury.”

      – Are any of the myriad of SARS-Cov-2 virus vaccines NOT experimental?

      – Have there been clinical trials to show safety and efficacy?

      – Have the vaccine manufacturers published data showing ALL adverse reactions and side effects, including, but not limited to heart, brain, blood, and death? Also data showing frequency of said adverse reactions?

      – I haven’t seen any of these data. If experimental, then, ethically and morally wrong. Akin to NAZI experiments in concentration camps during WW II.

      – If so, then Nuremberg 2.0 needed. Include CEOs of Big Phama, CDC, NIH, etc.

      – Does your government hate you and want you dead?

      – Am I wrong?

      1. +1

        Anthony Fauci = Josef Mengele.

        The LanguagePolice™ were on the blog yesterday with their finger wagging and nanny scolding.

        It’s a medical genocide, and the historical analogies to previous genocides are 100% correct, and in the case of CCP Flu, exponentially worse.

        The NPC hug-box safe space is back on Reddit. You’re not getting any upvotes for your karma score bringing your vaccine propaganda here.

    6. This globalist scvm media mouthpiece had every bit of info you and I did, and even more, to make the smart decision to not get this poison injection, but she did it anyway. Zero f*cks given.

    7. Crony capitalists are running the country. That’s how this phony “vaccine” was able to get special approval, and continue to enjoy it. If it were actually about health, not only would the jab have been immediately pulled from production, it would also have been required to continue to go through the standard testing and approval process during the special approval timeframe, subject to the traditional standards, and then sh!tcanned due to its deleterious effects.

    8. Have zero qualms [because] have spent a life immersed in a media obsessed with fear-mongering that is often irresponsible and untrue.

      LOL, unlike this clown, I mistrust everyone when they’re toeing the same line in support of something. Group-think can be a dangerous thing, especially when our gooberment and media both support it.

      Last thing I want is a case of the died suddenlies. And doctors are some of the dumbest people out there when it comes to research, making good decisions, and troubleshooting symptoms. Being able to read and pass tests does not automatically qualify you to be trusted to make decisions about my health.

      1. When I first read about how the jab allegedly works my first reaction was “holee sheet, they have to be joking”. There was all the nonsense about your body becoming a “vaccine factory” and how soon all vaccines would be mRNA because the technology was so awesome. Anyway, it was there and then that I decided there was no way I would be getting the jab.

        1. You don’t mess around with your DNA unless you have a terminal disease. Then it can be a Hail Mary. For a supposed virus with a 99.95% survival rate for those under age 70, no way.

    9. Schadenfreude may be bad, but I am glad that the propagandists are beginning to openly air their sudden misgivings when their own life is in danger or, at a minimum, reduced life expectancy. I’d imagine there is immense conflict to still toe the line even when their body is telling them all is not well, versus their livelihood, carrying water for big pharma.
      In an odd sort of way, it may be worse than a stage 4 cancer diagnosis, knowing that one has only a few years to live.
      Talking about regret, does this woman regret how many people she influenced, with clear intent, to get the vaccine and booster and ruined their lifestyle?

          2. In all seriousness, I believe he should be tried in Nuremberg 2.0 for his duplicity, complicity and profiteering in the matter.

          4. He knew or should have known that his viewers/subscribers thought he was an MD. He wasn’t and didn’t correct that misconception. When it was clear YT was censoring videos on the subject matter, he altered his presentation of material to evade YT censorship. And, he made bank all the way. May he rot in hell!!!

        2. Ditto for me. Nice call, RPRH.
          For the first two years of his WuFlu YT videos, i had to suffer thru seeing his social distancing, hand-washing propaganda board every time. P–‘ed me off to the max.

          1. i had to suffer

            I didn’t suffer him much at all, but have seen some of him lately and find it interesting that he seems to be red pilled.

  10. But now price declines are beginning to show up in cities whose median home price was already below the national average.

    Spreading contagion is going to make it harder for the NAR dissemblers to Always Be Closing.

  11. ‘There’s too many small parcels in Laughlin that aren’t able to absorb those kinds of costs to develop, which basically means you can’t develop and now your land is worthless.’”

    But…but…they aren’t building any more land.

  12. Senator Ted Cruz on Breitbart:

    “Look, this is utterly absurd, mask mandates are wrong and for the left this has become, it’s a combination of a number of things,” Cruz said during an episode of his podcast, Verdict.

    “Number one, it’s an article of faith. Number two, it’s a virtue signal. It shows just how self-righteous they think they are,” he said, noting that he recently witnessed a “very prominent Democrat Senator” walking the halls of the Capitol with an N95 mask on alongside a staffer.

    Further, Cruz said these rules are about “controlling people, whether it’s mask mandates, whether it’s vaccine mandates, whether it’s having the 437th booster. Enough is enough is enough,” he said, warning that the left’s scheme is only going to become more apparent as the election draws closer.

    “By the way, a year from now we are going to see the most deadly COVID variant ever seen: the ‘election variant,’ and before the election they’re going to need to shut everything down because they want to have mail-in balloting for everyone because they think it helps elect Democrats,” Cruz predicted.”

    All of this is true.

    #DoNotComply

    2. “By the way, a year from now we are going to see the most deadly COVID variant ever seen: the ‘election variant,’ and before the election they’re going to need to shut everything down because they want to have mail-in balloting for everyone because they think it helps elect Democrats,” Cruz predicted.”

      +1

      – God bless Senator Ted Cruz. Most of the rest of Congress are loser, self enriching scumbags.

      1. If that doesn’t work, then war with Russia and/or China. They’re not going to give up power willingly.

    3. Mask mandates, lockdowns and everything associated with the government response did NOTHING to stop the spread. You know what they say about doing the same thing over and over, expecting different results….

      Somebody needs to corner these idjits and present them with the aforementioned facts. Put their balls to the wall and press them on why they are doubling, tripling, quadrupling down on policies which have been shown to not only have zero effectiveness, but detrimental effects.

  13. We saw shared ownership as a great way to get on to the property ladder – it was sold to us as a good opportunity.

    Shaun, do you take any responsibility whatsoever for your own greed & gullibility that enabled these scam builders to lead you down the primrose path?

  14. Economy.

    Slowing inflation is dragging on Kroger sales, even as consumers still feel a pinch (9/8/2023):

    “Good news for consumers is bad news for Kroger
    .

    As prices that shoppers pay for groceries stabilize or fall, the supermarket operator’s sales are sagging.

    On Friday, the company posted fiscal second-quarter sales that missed Wall Street’s expectations. The company stuck with its full-year outlook, but said the slowing rate of inflation will mean less revenue.”

    https://www.cnbc.com/2023/09/08/kroger-kr-earnings-q2-2023.html

    It’s not a “pinch” you scum media.

    Remember what you were paying for food before the 2020 election was stolen?

    Money printing and stolen elections have consequences.

  15. Economy?

    Yes because your federal income taxes are paying for all of it.

    Russia Today — The West knows Ukraine’s counteroffensive is failing. So what’s plan B? (9/7/2023):

    “The failure of their proxy war bet is now motivating Western figures to consider negotiating a ceasefire in Ukraine with Russia, on the line of the current status quo and without firm political commitments. This would transform the conflict into a classic Cold War format.

    The West will try to impose these negotiations from a position of strength, while Moscow’s willingness to engage will depend on our successes or failures on the battlefield in the coming months.

    In the Western press, the main stories about Ukraine in recent weeks have been about how poor the Ukrainian army (AFU) has performed and how strong the Russian army is in its defensive work. This means that Kiev’s counteroffensive, while not formally over, has been almost definitively written off.

    The results of twelve weeks of combat are thus: The first of the three Russian defense lines has been reached in a narrow area, five or six villages in the surrounding area have been taken, and most of the reserves prepared for the operation have been used up.

    To have a chance of defeating Russia on the battlefield, the enemy must multiply its advantage over the Russian armed forces. To do this, it will have to double or triple military supplies, double or triple the number of its troops, and be provided with hundreds of the latest aircraft with the most potent weapons (instead of dozens of obsolete ones), and so on.

    Firstly, this would take several months, at least, even assuming that Russia would stand by and not prepare a response. Secondly, the West is not at all keen on such a turn of events, for the time being: The current level of its supplies ensure the replacement of the AFU’s losses and its ability to continue its defense at the current level of hostilities. So, basically, enough to stay afloat.”

    https://www.rt.com/russia/582505-ukraine-counteroffensive-us-cold-war/

    Remember, you’ll never be seen as anything more than cattle tax slaves to these globalists.

    1. Antiwar — US Intel Official: Media Misleading Americans About Ukraine’s Battlefield Success (9/7/2023):

      “In an interview with renowned reporter Seymour Hersh, a US intelligence official scolded the media for misleading the American public about Ukraine’s battlefield failures during the Spring counteroffensive. The unnamed official additionally told Hersh he believes that Russian President Vladimir Putin ordered the assassination of PMC Wagner chief Yevgeny Prigozhin to deescalate tensions with NATO.

      Responding to reports in recent weeks that Ukrainian forces were gaining momentum and recapturing territory, the official remarked, “Where are the reporters getting this stuff?” he asked. “There are stories talking about drunk Russian commanders while the Ukrainians are penetrating the three lines of Russian defense and will be able to work back to Mariupol.”

      He continued, “The goal of Russia’s first line of defense was not to stop the Ukrainian offense, but to slow it down so if there was a Ukrainian advance, Russian commanders could bring in reserves to fortify the line.” The official added, “There is no evidence that Ukrainian forces have gotten past the first line. The American press is doing anything but honest reporting on the failure thus far of the offense.”

      Secretary of State Antony Blinken delivered a similarly optimistic message during his trip to Kyiv on Wednesday. “In the ongoing counteroffensive, progress has accelerated in the past few weeks. This new assistance will help sustain it and build further momentum,” he said at a press conference.

      The official says that message is being delivered from military intelligence to the White House, while the CIA has drawn other conclusions. “This kind of reporting from the military intelligence community is going to the White House. There are other views,” he said, referring to the CIA. The official explained those views do not reach President Unelected Occupant.

      For over three months, Kyiv has ordered its forces to advance on entrench Russian defensive lines in southern Ukraine. Russian minefields caused Ukraine to lose a significant portion of its Western-trained soldiers and equipment in the opening weeks of the offensive. The massive push by Ukraine resulted in nearly no territorial gains.

      Still, Washington has pushed Kyiv to continue the counteroffensive. The White House acknowledges that for Ukraine to have a possibility of success, Kyiv will have to be willing to sustain high casualties.

      The official told Hersh no matter how committed Kyiv is to the war effort, President Zelensky’s goals are unattainable. “Zelensky will never get his land back,” he said.

      https://news.antiwar.com/2023/09/07/us-intel-official-media-misleading-americans-about-ukraines-battlefield-success/

      The illegitimate Secretary of State referenced in the article was just in Ukrainistan this week, handing another $1 billion of YOUR TAXPAYER MONEY to that illegitimate state.

      Globalists gonna globe. They care more about the alleged border of that illegitimate state than the border and territorial sovereignty of the United States.

      Onward Christian Soldiers, as always…

      1. GloboHomo will fight this war down to the last Ukrainian. And when those run out we’ll try to get Europeans to fight it.

        1. Where? Do you take it to the race track? My humble Asian cars are fast enough to get me in trouble with the cops. And they don’t break.

          I’m not being flippant. My usual driving routes offer no opportunities for “fun driving”. We had a MINI some years ago, with a manual gear box. Was it more fun than its Asian replacement? I suppose it was, but there were few opportunities for spirited driving. And that sucker broke, and a lot. It wasn’t hard at all to say goodbye to it.

          1. They are great on the track but they are fun to just drive around….you don’t have to drive 150 to enjoy driving. As far as trouble…they’ve been good to me and my many of my relatives. I have 5 of them and 1 Mercedes van in my garage. 3 of them are bikes…1966 r-60 and a GS and a Boxer cup 1 of 500 made in the world. They might a little more to repair but not by much. I sold my 2005 530I to a buddy of mine with 400,000 miles and it is serving him well. The most fun car I’ve ever owned is my 430i grand coupe M sport. It is a blast!!!! Not status…I’ve a neighbor with a Ferrari…to.me that’s status.

          2. you don’t have to drive 150 to enjoy driving

            My point is that most daily driving occurs on straight streets, with plenty of traffic, lots of stop and go. You’re just trying to get from point A to B.

            Now I don’t have anything against “fun cars”, but if they break a lot and are expensive to fix, that is a deal breaker for me.

          3. My first German car was my last German car. It fell apart as soon as the warranty ended. I fixed it up and sold it.

          4. Where?

            I frequently take my son on drives up Highland Valley Rd to the 67 in Ramona then back down Poway Rd. It started during the COVID lockdown.

          6. I drove a 60s Mercedes Benz roadster for over 100k miles. It was a beautiful car, beige cream paint, red leather interior, convertible hard top. It had port fuel injection, non turbo, and it ran smooth as a purring kitten.+

        2. I’ve solely driven Japanese cars since ditching my last made-in-Detroit POS decades ago. I have never since been stranded due to my car breaking down mid-trip.

      3. “…charging an $18 per month subscription for heated seats..”

        Subscription [AKA you will never own anything] models are the new cash cow to keep the worker bees in perpetual debt and reliance on the virtual .

        Subscriptions are all the rage in software these days. Just a thicker noose around your neck.

        Thank God for open source.

    2. This was never for the us market….it was a marketing plan for S. Korea.
      Everybody settle down! Lol. Ya are a jumpy crowd.

      1. “The heated seats subscription never came to the US, a spokesperson confirmed, but it certainly appeared in BMW’s digital stores in countries like the UK, Germany, New Zealand, South Korea, and South Africa. ”

        https://www.theverge.com/2023/9/7/23863258/bmw-cancel-heated-seat-subscription-microtransaction

        If it was successful in those countries, do you really think they would have never expanded to the US? Don’t be so gullible all of the time.

        1. I’m far from gullible but I just don’t get so wound up like some of you guys do or something that has no effect on me.Now go out and buy some aluminum foil.

  17. The alleged party of the poor and downtrodden takes away last resort shelter from the poor, making it even more difficult to live in the era of unaffordable rents:

    LA Council approves motion to ban sale or rental of RVs for housing

    1. The council voted 12-0 to approve a motion seeking to amend city law to add recreational vehicles to the list of vehicles that cannot be used for housing.

      Go ahead and do a web search for the link to the article if you want. I don’t like to globalist SCUM MEDIA.

      1. Like = link I assume.

        That’s why I use the Archive website for linking to NYT or WaPo. We share their content for free, and deny them clicks or revenue.

        I’ll link to Russia Today because as we all now know, Russian state media is more legitimate than the alleged “newspapers of record” that are purportedly mainstream voices of what they claim is “western liberal democracy.”

        When DJT stated that “the media is the enemy of the American people” he was correct.

    2. LA Council approves motion to ban sale or rental of RVs for housing

      Gee, it’s not like there isn’t a plethora of cities in SoCal that aren’t LA, where the sales ban won’t take effect.

      This ban is nothing more than a fake signal saying “See? We’re doing something about homelessness.”

      1. This ban is nothing more than a fake signal saying “See? We’re doing something about homelessness.”

        Agreed. The LA Council with their multiple-choice, therapeutic, college degrees are just virtue signaling to justify their existence.

      2. How would the seller or lessor know? Are they supposed to ask the buyer if they intend to use the RV for housing in LA?

  18. Dr McCollugh in a recent podcast said over 180 Drs have died in Canada after mandated vaccines, 23 times normal death rates.
    You don’t have a legitimate Government anymore if they allow Nuremberg violating expiermental vaccines to be forced on the populas and won’t stop the death and injury and continue to push these dangerous vaccines.
    Its a fake world were the agendas and narratives are more important than truth.
    In a sane world, the fake deadly and injurious vaccines would of been taken off the market, or not even distributed to begin with.
    Declarations of Emergencies is the new ” trust the science” justification for solutions that are insane and anti-humanity.
    Government and the Health Agencies are not protecting you, so you don’t have to comply with this massive fraud.

    1. These doctors were all part of the collusion, so it is poetic justice they are dying. They have murdered millions.

      1. “These doctors were all part of the collusion…”
        Yes they were. The bought off Media was part of the collusion, hospitals part of it, big Corporations part of it, Government part of it, United Nations part of it, Big Pharmacy part of it, fake science part of it, military part of it, probably China part of it, CDC and FHA part of it, rioters part of it, 193 Countries part of it, blue team part of it, red team part of it.
        The Doctors and Scientists were extorted and bribed by incentives to go along. Had the Doctors as a group just rebelled on a massive scale, it would not of happened.
        Doctors /Scientists have been going along with Big Pharmacy harm for decades .
        If they took numerous vaccines themselves , they were probably brainwashed they didnt have risk, being true believers in vaccines. I wonder how many want to take another booster now. The public was extorted and bribed and fear mongered to take the vaccines also.
        Collusion by many.

        1. It doesn’t take much of a brain to figure out that safe and effective medical treatments and vaccines cannot be properly developed and tested in a matter of months. It takes years just for short term testing and up to decades. The malaria vaccine took 3 decades. Still no vaccine for HIV.

    2. over 180 Drs have died in Canada after mandated vaccines, 23 times normal death rates.

      A great proxy. Doctors usually live healthy lifestyles. They don’t smoke, do drug, aren’t obese, etc. If their death rate is 23 time normal it’s probably even worse for the average Joe.

      And this doesn’t cover those sufficiently injured by the jab to have to drop out of the workforce. You know how we hear that “there is no one to hire” especially for lower level, menial jobs. I see signage in drive thrus saying “Now hiring. Starting at $18/hr.” Where did all the burger flippers go? Did they become molecular biologists?

      1. Where did all the burger flippers go? Did they become molecular biologists?

        I think lots of low wage people due to lockdowns found ways to earn money in the underground economy.

        1. “in the underground economy”

          Here in Denver that would be: stealing and/or dealing fentanyl and meth.

          1. And I’m sure with government benefits the cashflow from dealing drugs ends up relatively positive.

            It’s not like folks slanging burgers were living high on the hog. Low expectations and all.

    3. Government and the Health Agencies are not protecting you

      Absolutely. When boarding an airliner, which I do maybe once or twice a year, I worry if this flight is the one where the incompetence will finally catch up and make the plane fall out of the sky. From what I have read, near collisions are becoming a lot more common than they used to be.

      When I fly, it seems that the airplane having an issue that delays the flight is becoming more and more common. When it doesn’t happen and we leave on time its a pleasant surprise.

    1. The self-anointed LanguagePolice™ weren’t elected to police anything.

      Jonathan Brownsplatt was a bottled water salesman before getting appointed as a Literal Who in the King Obama administration.

      Nothing more than a shakedown artist. Notice how the Kyrie Irving kerfluffle all evaporated after he handed these goons a check for $500,000?

  23. Do you believe mortgage interest rates will magically and painlessly drift down to Pandemic-era stimulative levels?

    1. Personal Finance
      Mortgage rate tipping point: Homeowners say roughly 5% is the magic number to move
      Published Tue, Sep 5 2023 10:48 AM EDT
      Updated Tue, Sep 5 2023 12:29 PM EDT
      Jessica Dickler

      Key Points

      – Higher mortgage rates have created a so-called golden handcuff effect.

      – Nearly 82% of homeowners feel “locked-in” by their existing low-rate mortgage, according to data from Realtor.com.

      – But there is a tipping point, recent reports show — and 5.5% is the “magic” number.

      After bottoming out below 3% in January 2021, the average rate for a 30-year, fixed-rate mortgage now sits above 7% — which is just too high for many homeowners to consider selling.

      At today’s rates, most homeowners would need to finance a new home at a higher rate than the rate they currently hold, adding hundreds of dollars a month to their mortgage payment. That has created an incentive to stay where they are.

      “Even if they bought a cheaper house, their payments would go up,” said Nicole Bachaud, a senior economist at Zillow.

      “These existing homeowners either can’t or are unwilling to sell their home because they can’t afford a mortgage on a new home,” Bachaud said.
      …
      https://www.cnbc.com/2023/09/05/mortgage-rate-tipping-point-homeowners-say-5percent-is-the-magic-number.html

      1. can’t or are unwilling to sell their home

        Unwillingness will not stop the inevitable relentless grind of life events. Bankruptcy, divorce, job loss, death, default. These things don’t even have to happen to you personally, anyone down the street will suffice.

    1. How not to have a psychic meltdown

      Suggestions:

      Do not listen to liars.
      Do not watch MSNBC (see above).
      Do not be a psycho.
      Vote for DJT.
      Don’t get meltdowns, give them (see above).

  25. Gateway Pundit — California Assembly Passes Controversial Bill Granting Judges Authority to Remove Child Custody from Parents for Refusing to “Affirm” Their Kid’s Gender Identity: Newsom to Make Final Decision (9/8/2023):

    “California Assembly passed AB 957, a controversial bill that will grant judges the authority to remove child custody from parents who refused to affirm their kids’ gender identity.

    Parents affirm their children. Typically it happens when their gender identity matches their biological gender. But when it doesn’t, the affirmation starts to wane… Our duty as parents is to affirm our children,” said Democrat California State Rep. Lori Wilson.

    The proposed law cleared the Assembly after some final tweaks and has already been given the nod by the Senate. All that’s left now is for Governor Gavin Newsom to either sign or veto the bill.

    Parents in California should seriously think about leaving now.

    A.B. 957 originally passed the California State Assembly back on May 3. As the Daily Signal reported on Friday, Assembly Member Lori Wilson, D-Suisun City, wrote the bill and introduced it on Feb. 14.

    But the State Senator Scott Wiener, a CHILDLESS man who co-authored the legislation, amended it in California’s State Senate on June 6.

    This gives corrupt California courts total authority to remove a child from his or her parents’ home if parents object to the radical left’s LGBTQ ideological agenda.

    But this is not the most sinister part of the bill, though. Conservative activist Greg Price noted that parents could be charged with child abuse, a criminal penalty, if they so much as object to their child’s preferred pronouns.

    So not only can parents lose their children to a kangaroo court, they could go to jail for simply for not going along with their kid’s warped version of basic biology.”

    https://www.thegatewaypundit.com/2023/09/california-assembly-passes-controversial-bill-granting-judges-authority/

    Parents in California should seriously think about leaving now? That sounds about right.

    Go look up some of the other bills that this alleged Scott Weiner has authored and sponsored. He seems to be really, really interested in minors.

    Harvey Milk was too, but Real Journalists never seem to want to talk about that.

    1. Parents in California should seriously think about leaving now.

      For some that could mean leaving lucrative jobs, some with pensions, behind. It could also mean leaving family behind. But these new conditions are fundamentally unbearable for parents. And it’s obvious that it’s going to get worse. A lot worse.

      1. So all these people moving from CA to TX thinking it’ll be that different. The Bush family controls the Republican party in TX. Just look at AG Ken Paxton’s impeachment trial right now. I’d rather have an upfront globalist commie than a masquerading globalist RINO blowing smoke up my a$$.

        1. AG Ken Paxton’s impeachment trial right now

          Ken Paxton beat George P. Bush, the dynasty’s heir apparent, in the GOP primary for TX AG. He’s very MAGA and was going after Google.

        2. ‘I’d rather have an upfront globalist commie than a masquerading globalist RINO blowing smoke up my a$$’

          That’s a good trade off.

          4. relatively fantastic weather

            Perhaps the only thing left California has going for it.

            One of the things that persuaded us to pull the trigger and leave: My wife was shopping late at North County Fair when a gang shootout happened. Fortunately it was at the other end of the mall. She said the cops escorted the few shoppers still at the mall to their cars. And this was in the mid 90’s

        3. So all these people moving from CA to TX thinking it’ll be that different.

          I think one might need to move to Wyoming or the Dakotas for that. And the winters in those places will seem mighty harsh to someone from Calif.

        1. I believe it was Irving Kristol who said “A conservative is a liberal who has been mugged by reality”.

    1. Economy
      The Fed’s own economists now expect a Goldilocks scenario: No recession, low inflation, and positive growth
      Phil Rosen
      Sep 8, 2023, 12:42 PM ET
      Federal Reserve Board Chair Jerome Powell testifies before the Senate Committee on Banking, Housing, and Urban Affairs on ‘The Semiannual Monetary Policy Report to the Congress’, at Capitol Hill in Washington on Tuesday, July 17, 2018. Jose Luis Magana/AP

      – Economists from the Federal Reserve Bank of Chicago predict inflation will cool without a recession.

      – In a September report, they broke down a Goldilocks outlook for a soft-landing scenario.

      – Further rate hikes may not be needed, and inflation could dip below 2% by next year.
      …
      https://www.businessinsider.com/fed-reserve-economists-goldilocks-recession-inflation-economy-markets-powell-investors-2023-9?amp

    2. $7.6 trillion of US government debt will mature in the next year, adding pressure on rates
      Filip De Mott
      Sep 8, 2023, 1:06 PM PDT
      A US Treasury payment check. Douglas Sacha/Getty Images

      – A whopping $7.6 trillion in interest-bearing US public debt will mature within a year, Apollo’s chief economist said.

      – That represents 31% of all outstanding US government debt, adding upward pressure on rates.
      …
      https://markets.businessinsider.com/news/bonds/us-debt-maturing-bond-yields-treasury-bills-federal-reserve-qt-2023-9

  29. ‘Home values in San Francisco had fallen by almost 8 percent year over year in June, a loss of nearly $60 billion in aggregate, according to Redfin data. Los Angeles saw the biggest decline in aggregate home value at nearly $153 billion, followed by Oakland at almost $86 billion’

    Thornberg:

    via GIPHY

  30. ‘The investigative report found that in 2021, Holy Ground spent $4.4 million on materials to build homes that it sold for $2.6 million. In 2022, it spent $5.3 million to build homes it sold for $2 million’

    They’re renting fooking desks!

  31. ‘‘Buying this property was the worst mistake of my life. I was sold a dream but I actually bought a nightmare. Everything in my house is badly done and almost every house on the development has suffered similar problems. One workman was filmed pouring cement down a drain outside. We are already convinced the drains are blocked because the smell is just terrible. The smell started in the bathroom but now fills every room in the house. It’s an absolute joke’

    You know Another resident, it was still cheaper than renting.

  32. ‘For years they’ve enjoyed a reputation as safe investment vehicles, with the now discredited notion that they were protected against loss of capital. But now, China’s economic woes have led some trusts to fail and saddled others with the risk of massive financial losses, leaving billions of dollars at the mercy of a slowing economy. Some trusts are already falling, according to Chinese state media. Others may be teetering on the edge’

    For the record, when they started rolling out this crapolla, lots of people called it for what it was. The wall street/globalist scum narrative at the time: China’s gonna rule the world someday and our kids will speak Mandarin to the their Chinese bosses. Their paper is stronger than the west. Yes, they really talked like that in 2009.

  33. LILLEY UNLEASHED: Teacher who wore prosthetic breasts is now indeed a mister
    Toronto Sun
    2 hours ago

    Sun political columnist Brian Lilley talks about how the teacher formerly known as Kayla, is now Kerry Lemieux has been punking us this entire time. As well as showing us what a disgrace the Ontario school system has become.

    https://www.youtube.com/watch?v=Dia0jaNWYEc

    3 minutes.

  34. I don’t typically cite ZH articles because I think most HBBers already read the site. But may I suggest reading Biden Biography Bombshell: Hillary Violated Logan Act, Drew Rebuke From Ex-Crony. Every now and then, a ZH article perfectly encapsulates the systemic rot in our system and this is one of them.

  35. Boss of Failed Crypto Exchange Gets 11,000-Year Sentence

    https://www.bloomberg.com/news/articles/2023-09-08/turkish-crypto-boss-sentenced-to-over-11-000-years-in-prison

    Faruk Fatih Ozer, who ran crypto exchange Thodex until it imploded in 2021, was sentenced to 11,196 years in prison by a Turkish court for crimes including fraud.

    Delivering its verdict late Thursday, the court in Istanbul sentenced Ozer and his two siblings to similar-length jail terms, finding them guilty of aggravated fraud, leading a criminal organization and money laundering.

    Ozer, a high-school dropout who founded Thodex in 2017 and fled to Albania after Thodex went bust, appeared unrepentant at his final hearing.

    “I am smart enough to lead any institution on Earth,” state-run Anadolu Agency cited Ozer as saying in court. “That is evident in this company I established at the age of 22. I wouldn’t have acted so amateurishly if this were a criminal organization.”

    The total amount of losses investors suffered when Thodex collapsed remains unclear. The prosecutor’s indictment estimates them at 356 million liras ($13 million), but Turkish media have reported figures as high as $2 billion. A study by Chainalysis put the value of cryptocurrency lost at Thodex at $2.6 billion.

    Ozer was extradited to Turkey from Albania earlier this year following a lengthy legal process.

  36. Does it seem like real estate investors who haven’t dumped inventory by now are staring down massive losses?

    1. Real Estate Investors Retreat
      Investor home sales in 2Q fell sharply from a year ago, Redfin reports, as the mid-pandemic housing frenzy continues to cool amid higher interest rates.
      A row of brownstone townhouses in New York City.
      (Image credit: Getty Images)
      Seychelle Thomas
      BY SEYCHELLE THOMAS
      PUBLISHED 1 DAY AGO
      As the housing market hits a standstill, real estate investors are buying fewer homes than last year, although home flippers are still making money on deals.

      Investor home purchases dropped 45% in the second quarter from a year earlier, a new report from Redfin shows. That compares to a drop of 31% in overall home sales.

      Investors — homebuyers who intend to either flip or rent out their properties — have been more reactive to the cooling housing market than individual homebuyers. Investors scooped up a greater share of properties during the 2020-2021 frenzy than other homebuyers, and were also quicker to retreat once the market cooled.
      …
      https://www.kiplinger.com/real-estate/real-estate-investing/real-estate-investors-retreat

    1. Real Estate
      Redfin report: Over the last year, potential homebuyers have lost more than $70K in buying power
      The sizzling housing market is scorching some would-be first-time homebuyers from ever entering the market, with interest rates hanging around 7.4%.
      Author: Colin Mayfield
      Published: 10:44 PM EDT September 7, 2023
      Updated: 12:17 AM EDT September 8, 2023

      CHARLOTTE, N.C. — With interest rates hovering around the 7.4% range, many would-be homebuyers are vacillating about the opportunity to buy a home. A new Redfin report shows over the last year, people looking for a home have lost more than $70,000 in buying power.

      Historically high mortgage rates are hitting buyers where it hurts — in their budgets. Would-be homeowner Mason Pixley realizes that some of the homes in this market are just not within his budget, and he’s not alone.
      …
      https://www.wcnc.com/article/money/markets/real-estate/possible-homeowners-losing-buying-power-mortgage-point/275-596c6789-946f-4c15-ac41-18d2aa409656

      1. Did anyone else catch the major conceptual error the REIC-funded housing economists make in assessing the market situation? They miss that higher interest rates have the effect of reducing purchase demand. In freshmen economics, they teach that if demand decreases (the demand curve shifts to the left), then market value falls along with transactions volume. This loss lands on homeowners, not wannabe buyers.
        We’ve seen a big drop in transactions volume, and many markets are reporting lower market values as well (many thanks to Ben Jones for reporting these daily).

        I wonder if you have to pass freshmen economics to become a REIC-paid shill?

    1. Markets
      ‘Far deeper market losses will emerge’: A notorious market bear who called the 2000 and 2008 crashes warns the S&P 500’s losses are only just beginning as stock valuations remain near their 1929 and 2000 levels
      William Edwards
      Sep 9, 2023, 2:00 AM PDT
      Stock traders
      Investors may want to brace for a sudden stock market downturn, according to John Hussman.
      (Photo by Drew Angerer/Getty Images)
      John Hussman is fairly certain of one thing: investors who buy into the S&P 500 right now are doomed for a decade-plus of abysmal returns.

      It’s something Hussman, the president of Hussman Investment Trust who called the 2000 and 2008 crashes, often refers to as a “long and interesting trip to nowhere.” With valuations historically high, it’s likely that 12 years from now investors end up pretty close to where they bought the index today.
      …
      https://www.businessinsider.com/stock-market-crash-sp500-outlook-bubble-valuations-1929-2008-hussman-2023-9

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