thehousingbubble@gmail.com
Blog

Really, You’re Blinded By Greed, And That’s The Embarrassing Part

A report from the Denver Post in Colorado. “The once-predictable Denver metro residential real estate market feels topsy-turvy at the year’s midpoint, according to the monthly real estate trends report from the Denver Metro Association of Realtors. ‘A once reliable market with a peak selling season in June has taken a detour,’ Libby Levinson-Katz, chair of the DMAR Market Trends Committee, said in the report. ‘The main culprit of higher interest rates is easy to identify. However, contrasting perspectives on the market have been summed up well by memes circulating the internet: buyers fear a repeat of 2008, sellers hope for a return to 2021 conditions and renters expect interest rates to drop back to three percent. While none of these views are true, the increasing inventory is moving our market towards a balanced market with the current months of inventory sitting at 2.78.’”

“Active listings rose 11.5 percent month-over-month to 10,214, a 68.27 percent jump year-over-year. As more sellers compete for fewer buyers, they’re providing more concessions. In May, 56.3% of closed transactions paid a seller concession, with the average concession being $9,250 and the median of $7,000, according to the report. Last year, only 47.8% included a concession, with an average concession of $7,723 and a median of $5,000. The number of contract terminations is also rising, forcing sellers to make more concessions during inspection negotiations to keep closings on track.”

“Colleen Covell, a market trends committee member said June broke the historical trend of high-priced sales in June. ‘Last month featured some of the most sluggish activity the million-dollar-plus market has seen in years,’ she said. The number of closings in this segment plunged almost 50% from May. ‘With showing activity coming to a virtual standstill in the highest-priced segments, sellers and listing agents were left scratching their heads and asking, ‘Where have all the buyers gone?’ Covell said that the high-priced segment is now a buyer’s market. ‘Sellers in this market will be left out of the summer fun unless they update their home before listing, price conservatively, and expect to pay a closing concession,’ she said. ‘Otherwise, they will be sitting idle throughout the long dog days of summer.'”

Seattle Magazine in Washington. “With rising rates, Seattle may not exactly be a renter’s paradise. But for those on a budget, renting certainly beats buying. Using data from Zillow, Creditnews Research says only six cities across the United States have a bigger gap between renting and total homeownership costs. The average home price in the Puget Sound region is $753,414, and average total cost is more than $6,900 per month. Contrast that with average rent of $2,250, and residents here pay a staggering $4,662 per month to own their own homes. The study considers all homeownership costs, not just mortgage payments. Think insurance, taxes, and renovation expenses. The greater San Jose holds the dubious No. 1 ranking, with the total difference between owning and renting more than $11,000. The metro areas of San Francisco, Los Angeles, San Diego, Honolulu and Oxnard-Thousand Oaks, Calif., are the only cities ahead of Seattle.”

Fox 11 Los Angeles in California. “A mom of two says she was in danger of foreclosure after her employer, Vinivia, allegedly missed multiple payments. The female employee, who asked to keep her identity confidential, said the delay and/or missed pay checks from the live stream company left her struggling financially. Things got so bad that the employee said she struggled to pay her mortgage and started having issues with her bank. The allegations of employees struggling to get their money on time serve as a stark contrast to the optics shown by Vinivia’s social media pages, where the company shared photos of its lavish ‘brand launch’ party back in April 2024 in Los Angeles with celebrity appearances.”

“According to Vinivia’s website, the company is based out of Switzerland with an office in Santa Clara, but a handful of its former employees were based out of Los Angeles before they were allegedly let go or laid off. Initially, the employee thought it was a one-time deal and hoped Vinivia would resolve the issue. ‘Turned out that it was going on for months,’ the employee said. With the alleged missed paychecks, the employee began to wonder what that would mean for her. ‘I slowly started to become a little worried,’ she said. ‘What about my salary and how will that go?'”

KFMB San Diego in California. “People in North Park want to know why the construction of a housing complex is taking so long. Residents said the project on the 3400 block of Florida Street has been abandoned. ‘It’s decrepit. It’s been falling apart. It’s been getting moldy,’ said Lisa Mezta. Mezta has lived in her North Park home for three years. She loves it but says things started to change when construction began on the project. Mezta started noticing another change about a year ago. The crew who worked to get the project going stopped coming, seemingly halfway through. ‘It literally just stopped. And if you look at the building itself, you’ll see it’s kind of even moldy because of the storms that we’ve had recently, or, you know, the last few storms we’ve had, and it’s just been sitting, nothing’s been happening,’ said Mezta.”

“According to the City of San Diego’s website, a series of permits were granted to build a four-story duplex and four-story single-family homes. Those permits expired between February and June 2023, which may explain why there’s been no work done since then. As for the plan moving forward, CBS 8 reached out to the names and companies who submitted for a permit. Each time, we reached someone’s voicemail, or in the case of the design firm listed, the number is no longer in service. ‘To have a moldy bunch of wood and graffiti strewn pieces of lumber everywhere. That’s not what is going to help this community. Before it gets any worse, I just thought, you know, something could be done to look into it,’ Mezta said.”

The Star Telegram in Texas. “Haley Forsyth owns her dream home: high ceilings, lots of natural light, walls she painted herself. She described her south Fort Worth house as a ‘spiritual space,’ a haven she’s invested time and money into. There’s just one problem. Forsyth’s next-door neighbor is the man who, she says, scammed her out of her life savings. ‘I wake up thinking about it. I go to bed thinking about it. I can barely function,’ Forsyth said. Forsyth, a health insurance agent, had known her neighbor Robert Rambo for about six years when he approached her in late 2023 and asked her to invest in his car-flipping business. For every $20,000 she signed over to him, he said, he’d buy one car at auction, resell it and return her money plus $1,200 profit.”

“Forsyth thought of Rambo as a businessman, a successful real estate agent with lots of balls in the air at any given time. But more than that, she saw him as a kind man, a family man. So she gave him $60,000. Rambo was supposed to give her that money back within two weeks, according to a contract they both signed. It’s been nearly eight months since Forsyth signed her savings over to Rambo, and she’s gotten less than $1,000 back, she said. A Star-Telegram investigation identified eight people in North Texas, including Forysth, who say Rambo scammed them out of money, in some cases hundreds of thousands of dollars. The people who spoke with the Star-Telegram provided documentation that Rambo owed them, in total, $1.2 million.”

“A Dallas business owner in his 30s said he and his father invested hundreds of thousands of dollars with Rambo, who signed a repayment agreement for $460,000. ‘He was paying us. It was working,’ the man, who asked not to be identified in this article in fear of retaliation, said. ‘That trust led to more trust, and then it got too deep, and he cut it off.’ Beyond the paperwork and the personal trust, his decision to invest with Rambo really came down to his own desire to make money, which he let overshadow his decision-making. ‘Really, you’re blinded by greed. And that’s the embarrassing part,’ he said.”

Market Watch. “Do they make new homes like they used to? These home inspectors don’t think so. Several TikTok videos posted by home inspectors detail major problems inspectors have found in newly built homes — revealing not just shabby workmanship but also, they say, the true cost of fast-and-furious home building over the last few years. One inspector, who serves parts of North Carolina and South Carolina, showed TikTok viewers issues such as water leaking into a home’s walls and floor, nails jutting out of framing, and more. ‘Take a look at this house with me, and let’s see what $1.5 million will buy us these days,’ the inspector says as he tours the site. ‘I was more impressed at the fifth-grade gingerbread-house contest than I am right now,’ he says. ‘It’s pitiful.'”

“Other clips posted by the same inspector show flaws in brand new houses that would send chills down the spine of many home buyers: rotten wood lurking inside a load-bearing wall; a luxuriously deep bathtub that ‘spins around like a top’ because it’s not properly anchored to the floor; wobbly gutters. ‘I don’t expect to see runs in my paint and shoddy seam jobs on my trim when I’m paying half a million dollars for a new house,’ he says in one video.”

“Part of the frenzy to build stemmed from the COVID-19 pandemic, which boosted home-buying demand. Consequently, ‘there was a marked drop from 2019 to 2020 in terms of quality construction,’ Michael Cholewa, a Portland, Ore.-based home inspector since 2018, told MarketWatch in an interview. In one video Cholewa sang about his ‘first look at a $1.8 million house’ where he found several flaws. They included a flight of floating stairs that he was able to wiggle with just one hand. He did not specify which builder had constructed the home, which was in Oregon. In another video, Cholewa showed another Oregon house where the heat pump is located on a backyard deck that also lacks stairs connecting it to the lawn. ‘Couldn’t think of a better place to put the f—ing unit for the heat pump here,’ Cholewa says in the video. ‘But also, where are the steps?'”

The Real Deal. “The sketch of multifamily distress drawn over the past year is now being shaded in by data. The picture shows problems have spread beyond value-add players squeezed by floating-rate loans. Apartment deals marked delinquent or in special servicing and financed with commercial mortgage backed securities loans jumped 185 percent in late June from January, according to a report by CRED iQ. ‘We’ve noticed a spike in multifamily since the beginning of the year,’ said report author Mike Haas. That surge marked the largest increase among any commercial real estate asset in the period. The data signals the deterioration of multifamily loans isn’t only ramping up, it’s mushrooming. Just accounting for delinquencies and specially serviced loans, nearly 10 percent of all CRE CLOs were distressed with the distress rate for multifamily clocking in at about 13 percent.”

From Bisnow. “The Department of Justice has launched an investigation into Arbor Realty Trust following a series of reports and accusations of fraud by short sellers. Short seller Viceroy Research is on the forefront of the attacks on the REIT. In a previous report, Viceroy accused Arbor of fraud, claiming it hides losses by financing the purchase of assets from its own foreclosures in off-balance-sheet transactions. Viceroy released another report Friday claiming that Moneil Capital, an Arbor borrower, has initiated a capital call as it seeks to restructure the loans tied to a Houston apartment complex, the Regard at Med Center.”

“Arbor reportedly has $52M of loans secured against the property, which was most recently valued by Arbor at the same amount. However, in the report, Viceroy claims that the property appraisal is ‘ludicrously overstated and appears fraudulent.’ ‘This loan is severely impaired but no impairment has been made by Arbor,’ the report says. ‘Moneil has outrightly stated that selling the property or refinancing is not an option, as it will completely wipe out investors.'”

“In a statement to Bisnow following news of the investigation, Viceroy doubled down on its fraud allegation. ‘We have provided investors with substantial data, surveillance reports, and case studies to support the fact that Arbor’s book requires significant impairment which will wipe out equity holders,’ the group said in an email. ‘We maintain our belief that Arbor’s equity is worthless. It is no surprise that Arbor is being investigated, as the fraud is so obvious.'”

The Windsor Star in Canada. “For the third consecutive month, rents remained stable or even declined in the Windsor area according to a report compiled by rentals.ca and Urbanation. ‘There is a lot of inventory right now with the students moving out,’ said Patrice Surrette, owner of Windsor’s Goldmar Property Management. ‘Some landlords are looking at the market availability and are trying to make their units look more affordable by setting a lower price point.’ Surette, who oversees the management of 1,000 units locally, said the market is also adjusting to a potential change in the number of international students coming this fall.”

“The federal government’s decision to cut down on the number of international students allowed into Canada has introduced an air of uncertainty into the market for landlords. ‘That change could have an interesting impact on Windsor’s market,’ Surette said. ‘We’re not going to have as many international students at both the college and the university. That’s going to result in a higher number of vacancies and lengthen the time it’ll take to get tenants.’ Surette said the Windsor market is further stabilized by an increasing number of newly built condos coming onto the market for both sale and rent. Surette added there has also been a return of more negotiations with tenants. With the uncertainty around student rentals and the glut of units that were created to target that market in recent years, landlords are being more flexible rather than hoping there’ll be enough international students to fill all the rentals in two months.”

Blog TO in Canada. “A condo sold at a substantial loss in Toronto in May shows just how much prices fluctuate in the city’s unpredictable real estate market. Located in The Beaches, this two-bedroom condo first sold for just under $1.5 million in April 2022. The unit was put back on the market less than two years later in February 2024 for just shy of $1.33 million. However, the condo failed to attract any buyers and was re-listed the next month for just under $1.25 million. Despite these price reductions, the unit failed to sell again, and was eventually put on the market for $999,000. After six days on the market, the condo finally sold for $1.19 million in May 2024 — exactly $305,000 less than it originally sold for just two years earlier.”

This Is Money. “The housing market is in the doldrums, according to surveyors and estate agents. Fewer buyers in the market are resulting in fewer sales and falling house prices, according to the latest survey by the Royal Institution of Chartered Surveyors (Rics). It revealed more of its members, comprising estate agents and surveyors, continued to see fewer buyer enquiries and fewer sales in June. East Anglia, alongside the South East and South West of England all returned clearly negative readings for house prices in June. David Hickman, a Rics member in South Devon paints a more dramatic picture, suggesting there are too many homes for sale and not enough buyers.”

“He said: ‘There hasn’t been a spring rush. Properties are coming to the market at below last year’s levels and quick reductions are needed to snag a buyer. Also long chains and long completion times. Redundancy adds to slow down and repossessions where higher fixed rates can’t be serviced. Too many new houses.'”

From Eureka Street. “The fundamental distortion in the Australian economy is extremely high house prices. It has created a damaging generational divide between those who were lucky enough to buy cheaply and those who are unlikely ever to be able to afford a house, or are saddled with long term burdensome mortgages. Just how bad the situation is was underlined by the US journalist Tucker Carlson when he visited the country recently. Although presumably well off, he said he was shocked by the prices – he initially thought they must be ‘in pesos or something’ – and noted that even he could not afford to purchase.”

“The problem has no obvious solution because governments will not change the negative gearing and capital gains tax mix that triggered the bubble in the first place. They know it would be electoral suicide. The other main factor, interest rates, governments do not control – the central bank does. So what they do instead is tinker at the edges, talking about the availability of land and giving limited hand-outs to first home buyers. The first option is usually short circuited by property developers who are big funders of political parties. The second option just drives prices up more, or at least puts a floor under them.”

“It does seem to be a problem for English speaking colonies, and also the UK. The same cul-de-sac faces Canada and its government is similarly impotent. Like Australia, house prices have approximately tripled over the last two decades, fuelled by the combination of aggressive bank lending and, until recently, falling interest rates. Canada has the same mix of relatively modest government debt and soaring household debt that is the case in Australia.”

“Over two million taxpayers in Australia, about a fifth of the total, are property investors while 3.25 million Australians own investment properties. That is an awful lot of people who are punting on an investment that is not very logical. A comment made by this writer’s brother, who owns an investment property, underlined to me the dubious nature of relying on negative gearing. He lamented that things had gone ‘wrong’ because the rent on the property actually covered the interest costs and other expenses, so he did not get a tax deduction. He considered this to be a failure.”

“What kind of investment relies on losing money? One that is a punt on sharp rises in the capital value, which is perfectly sound – until it isn’t. If property prices start to fall dramatically, expect investors to bail out with great speed as they start to realise the implications of their gamble. Should that happen, property investment would go from being the nation’s greatest financial distortion to its greatest vulnerability.”

Related Posts
This Post Has 120 Comments

      1. Seeing more sheeple with their stupid cloth masks that do nothing to block viruses.

  2. ‘Last month featured some of the most sluggish activity the million-dollar-plus market has seen in years,’ she said. The number of closings in this segment plunged almost 50% from May. ‘With showing activity coming to a virtual standstill in the highest-priced segments, sellers and listing agents were left scratching their heads and asking, ‘Where have all the buyers gone?’ Covell said that the high-priced segment is now a buyer’s market. ‘Sellers in this market will be left out of the summer fun unless they update their home before listing, price conservatively, and expect to pay a closing concession,’ she said. ‘Otherwise, they will be sitting idle throughout the long dog days of summer’

    This is a sponsored article. The UHS paid for it.

  3. ‘The crew who worked to get the project going stopped coming, seemingly halfway through. ‘It literally just stopped. And if you look at the building itself, you’ll see it’s kind of even moldy because of the storms that we’ve had recently, or, you know, the last few storms we’ve had, and it’s just been sitting, nothing’s been happening’…According to the City of San Diego’s website, a series of permits were granted to build a four-story duplex and four-story single-family homes’

    All time high Larry.

    1. I’m tempted to bid over-ask but I’m afraid the insurance would be more than the house is worth. 🙁

  5. Housing?

    Biden Floods Ohio Town with 20,000 Haitian Migrants: Ten to a Bedroom (7/10/2024):

    “The town situated just west of the state capitol in Columbus has been a target of Haitian immigrants at least since 2014, and in the ensuing years, some ten thousand had moved to the Rust Belt town. But in the last four years alone, that population has ballooned to more than 20,000. The influx is causing serious pressures to mount on the town.

    The explosion of immigrants — many of whom do not speak English — has placed serious burdens on the town. Town services are being stretched thin, and costs for translating services, housing, and legal services have become a major expense.

    For a few years, longtime residents were unbothered by the growing Haitian community, but over time, clashes have begun to occur as Haitians have become more obtrusive by driving illegally, piling into apartments and homes by the dozens, filling local schools with children who need special care in education and language services, and increasingly becoming a focus for government spending.

    The housing situation has driven city officials to plead with federal officials to help them solve the dearth of suitable living spaces for the mounting number of migrants.

    In a letter sent by Springfield City Manager Bryan Heck to U.S. Sens. Sherod Brown (D-OH) and Tim Scott (R-FL), the town notes that its efforts to work on sustainable housing has been swamped by the number of migrants flocking to their town.”

    https://www.breitbart.com/immigration/2024/07/10/biden-floods-ohio-town-20000-haitian-migrants-ten-bedroom/

    You are being replaced.

  6. French government fines TV news for allowing a skeptic speak without being challenged.

    https://www.joannenova.com.au/

    We know what secrets they fear the most, by how they overreact
    In France, the second largest news network let an economist go on air and declare he thought global warming was a lie and a scam used to justify State intervention. He even went on to say it is a form of totalitarianism. Shockingly (to the regulators Arcom), the CNEWS TV hosts did not contest this, and nor did anyone else in the studio. For this, 11 months later, the TV channel is being fined €20,000.

    Too close to the truth then?

    A popular French rolling news channel has been fined for broadcasting climate scepticism unchallenged
    By Saskia O’Donoghue, EuroNews

    During the programme, prominent economist Philippe Herlin shared personal climate scepticism – but was not contradicted by anybody else in the TV studio, including the hosts.

    “Anthropogenic global warming is a lie, a scam… Explaining to us that it is because of Man, no, that is a conspiracy, and why does that have so much weight?”, Herlin said. “Because it justifies the intervention of the State in our lives, and it absolves the State from having to reduce its public spending… It is a form of totalitarianism.”

    Apparently, the real crime here is not that he said the unthinkable, but that the TV crew didn’t correct him:

    After investigation, Arcom found that CNews’ lack of reaction was a “failure” to meet the obligations of the channel …

    Perhaps if they’d laughed at him, called him petty names, and treated him like a leper it would have been OK? (No, seriously, there is a razor point here. There are bound to be past examples where the only response to a skeptic was to call them a climate denier, and Arcom was apparently happy with that, since they’ve never used this fine before.) Does Arcom approve of namecalling or social approbation as a “balanced response”? Oh. Yes. They. Do.

    The regulators go on to explain that the channel:

    “…is required to ensure an honest presentation of controversial issues, in particular by ensuring the expression of different points of view”.

    Which must be a new requirement since French TV has relentlessly hammered the establishment line in a one sided way for thirty years without needing any balance at all. And Arcom didn’t fine them for shamelessly promoting government propaganda. Perhaps a French skeptic could ask Arcon if controversial government opinions need to be balanced “in an honest presentation” or whether it’s only critics of the government who need to be held to account?

    Arcom found that the views shared “contradicted or minimised” the scientific consensus on climate change “through a treatment lacking rigour and without contradiction”.

    Since when was it the job of journalists to promote government approved “science”?

    The regulator is going out on a limb and sawing off the branch…
    Officially, the regulators are trying to pretend they are not punishing the TV channel for putting on a skeptic, which would be a free speech issue, but it’s clearly what they are doing. So they dress this up as a lack of balance, which accidentally exposes that they’ve never cared a jot about balancing opinions before. Immediately, this opens up all kinds of interesting doors: for one, skeptics can start asking where the balance is on controversial government propositions? In most countries about half the population doesn’t agree that mankind is solely responsible for “climate change”. Where is their voice? The government is suggesting that solar panels can stop storms, and EV’s will control floods, why isn’t this a failure of the obligations of a news channel?

    Secondly, skeptics can ask when this rule started and why the regulator missed so many past examples. Why aren’t breaches the other way being fined too?

    The overreaction IS the news story
    Ponder how afraid the believers must be if the mere opinion of an economist is so dangerous. This man is a not a scientist and every person in France has heard the evidence is overwhelming, climate change is real, and 130% of all scientists who ever lived know that CO2 threatens life on Earth. For three decades children have been trained to say that skeptics are funded by Big Oil, and motivated by money, and yet here is one guy who used the word “totalitarian” and they all go off their rocker.

    Why, perhaps because it suggests that believers are motivated by a bigger pot of money and power than skeptics ever could be.

    1. “He even went on to say it is a form of totalitarianism”

      Because it is.

      Right now, the globalists are using gain of function to make bird flu spread to cattle. They want every cow on the planet culled, with the exception of course of their quarantined herds only for globalist pigmen consumption.

      And on a related topic, anyone else #Notice that Arson Season is off to a late start this year?

      This time a year ago, half of Canada was on fire, and the people who started those fires were paid to do it by globalists.

      “If you want a picture of the future, imagine a boot stamping on a human face forever” — George Orwell

  7. [This land at Portuese Bend in Paolos Verdes has been known for DECADES to be unstable but nevertheless builders continue to build and buyers continue to buy. Truly, people are stupid.]

    Accelerating land movement in Rancho Palos Verdes cracks roads, sinks homes.

    https://www.yahoo.com/news/accelerating-land-movement-rancho-palos-003304478.html

    LOS ANGELES COUNTY, Calif. – According to experts, land movement in Rancho Palos Verdes continues to accelerate. As a result, roads and homes continue to crack and sink.

    On Friday, FOX 11 exclusively joined Alpha Structural to view the land movement up close in a neighborhood near Portuguese Bend.

    “You have to think to yourself, this isn’t real,” said Damien Hammond, from Alpha Structural. “That’s how I feel here. I feel like I’m on a movie set, but in reality, this is 25 peoples’ homes.”

    Drone video from the Alpha Structural team shows essentially a giant crack cutting through the neighborhood.

    “This whole part just pulled away from over here, opened up a chasm,” said Joe Demers, a civil engineer with Alpha Structural. “This whole area moved about 5 feet in the last year or so, but then it really accelerated. In the last couple months, it’s moved another 4 or 5 feet.”

    Water main pipes are now above ground to try and prevent breaks. While at least one homeowner uses a garden hose to get water inside. In addition, a rope has been placed at the edge of one driveway to help homeowners climb up to their house.

    “In the last week it’s gotten so bad, they’re actually packing up and moving, along with the house across the street,” said Hammond.

    Within the last year or so, experts believe some areas have dropped more than 12 feet. Recently, experts have said the land is moving about 12 inches per week.

    “It’s possible that the unusual wet weather we’ve had in the last couple years is contributing to it, but it’s also possible it’s kind of a cycle over time,” said Demers.

    Workers nearby continue to pave Palos Verdes Drive, despite constant cracking. While historic Wayfarers Chapel was forced to close.

    Some homeowners Friday could be seen moving from the area with the most significant land movement, while others hope it slows down.

    “It may slow down, but if you build on it when it’s not moving, it’s going to move later,” said Demers.

    The City of Rancho Palos Verdes has a meeting scheduled for Tuesday, July 16 at 7 p.m. at McTaggart Hall in Hess Park to discuss planned repairs on Palos Verdes Drive, a section known as the “ski jump.” The meeting can be accessed on Zoom.

    1. [A snip from Wikipedia …]

      The Palos Verdes Landslide has been conducive to ground failure for approximately 250,000 years.[9] The landslide spans 260 acres (1.1 km2) with an average thickness of 135 feet (41 m). The ground failure occurs on an overall smooth surface approximately 100 feet (30 m) below the surface. The ground failure over the years has been due to seaward-dipping strata, rock weakness and continual coastal erosion. Prehistoric landslides are believed to be so extensive that they destroyed the formation of higher wave-cut benches. The active slide consists of landslide rubble such as bedded blocks, which are rare among most landslides. The bedded blocks measure ten feet (3.0 meters) in diameter and they appear in landslide rubble. This shows ground disturbance which could eventually cause the land to slide.

      Modern landslides

      Large surface rifts caused by the Portuguese Bend landslide
      Though the Portuguese Bend area had a history of landslides going back 250,000 years and had been officially mapped as a landslide complex before the 1950s, current slippage in the Portuguese Bend area began in 1956, coincident with the construction of a road (the Crenshaw Boulevard extension, south of Crest Road) along the top of the ancient landslide complex.[10] During this construction, excavated sediment was dumped onto the upper slopes of the complex along with hundreds of thousands of gallons of water which lubricated a layer of bentonite clay formed by the subsurface weathering of volcanic rock called tuff. This layer of bentonite slants down to the Pacific Ocean enabling down-slope movement which continues to the present. A 1958 video newsreel was shot of the effects of the movement on the homes in the area. A successful suit was filed by area homeowners in 1961, winning $10 million in compensation against Los Angeles County, the party responsible for the road construction.[11] Another possible contributing cause of the sliding was the construction of hundreds of homes on and above the unstable rock and soil in the early 1950s prior to the slide. Each home had its own sewage treatment facility (cesspool or septic system) and home owners established lawns and gardens on their properties. Some homes were damaged, but others remain intact. Homes which remain occupied now have water and sewage lines available to them. The new lines were constructed above ground, so the slide can move freely below them.[12]

      Description and characterization
      The first movement indication occurred on Friday, August 17, 1956. Cracking occurred in the foundation of a recently built structure. The cracks were repaired, but new cracking occurred just days later. Ten days after the first indication of movement, cracking propagated to Palos Verdes Drive South. By September 4, an offset of 4 inches (10 cm) was observed on the road. By mid-September, more pronounced cracking was observed. Distortion became noticeable on the Portuguese Bend pier on October 4 of that year. A survey station was installed to monitor ground movement. The station recorded movement of 3 to 4 inches (7.6 to 10.2 centimetres) per day. By the end of October, movement slowed to ≈¾ inch (2 cm) per day. The amount it moves is unknown today. Drilling projects over the next several months determined the location of the slip surface, and the location of standing groundwater.

      The major part of the landslide consists of severely broken rubble. Individual rock fragments appear to be from the middle and upper units of the Altamira Shale, consisting of tuffaceous and silty shale. Fractured blocks of diatomaceous shale are found on the south slope of Blakesley Hill. Individual fragments of chert and cherty shale are found throughout the slide, though they are more abundant west of Portuguese Canyon. At the toe of the slide, between Inspiration Point and Portuguese Point, are weathered boulders of basalt.

      Drainage within the Portuguese Bend district is characterized by a prevailing southward flow. Several canyons cross the district and act as the primary drainage features, including the Altamira and Portuguese Canyons. These canyons trend southward through the slide complex. Drainage is controlled locally by landslide-related features, such as resistant landslide blocks or channels cut in softer zones.

  8. [This post is related to the above Fox 11 post.]

    Teresa Giudice’s Husband and Vinivia CEO Accused of Fraud, Owes Millions To Companies.

    https://www.msn.com/en-us/money/news/teresa-giudice-s-husband-and-vinivia-ceo-accused-of-fraud-owes-millions-to-companies/ar-BB1osI3A

    Luis Ruelas and Marcello Genovese, CEO of Vinivia, are reportedly embroiled in allegations of financial misconduct involving millions of dollars owed to employees, companies, vendors, and agencies despite their empty business accounts. Switzerland-based Vinivia aims to help content creators monetize through live streaming.

    Despite Ruelas’s claims of no ties with Genovese, sources indicate the two shared an office space in Los Angeles. Additionally, an Instagram reel features Ruelas endorsing Vinivia, hinting at their collaboration. Recently, it was reported that Ruelas secured a $1 million loan using his mansion as collateral. Close sources revealed Genovese reportedly instructed employees that Ruelas was an investor, mandating a $300,000 check to be written to a fictitious entity named Influencer Nation and another $100,000 for personal use by him and his sons. It emerged that Influencer Nation was non-existent, with no actual investors behind it.
    Genovese is also accused of engaging in a fraudulent $6 million deal with the D’Amelio family, which fell through following fan backlash. He purportedly approached U.S. banks for loans due to a lack of funds for upfront payments to vendors and unwilling to utilize personal funds. Several Swiss vendors and contractors reportedly remain unpaid, and the company often fails to meet payroll deadlines due to insufficient funds, leading to the termination of employee health insurance. Sources also disclosed that Vinivia falsely claimed expansion through a new platform called Vidpresso, which was founded by Randall Bennett and not associated with Vinivia.

    Additionally, all but one employee at Vinivia were terminated after the company reportedly accrued an additional debt of $1.5 million owed to various companies in May. Close sources revealed that Genovese is accused of fabricating emails from Vinivia to another company, attempting to illicitly secure $60 million. Furthermore, he is alleged to owe over $335,000 to another business, following bounced payments stemming from fraudulent wire transfers and credit card transactions.

    Amid these allegations, Genovese nor Ruelas have released a statement and Vinivia’s comments are turned off on all social media platforms.

    1. That’s the “progressive utopia” the globalists want in every city of western nations.

      1. The globalists won’t get their Great Reset until their “progressive” minions first bring about a societal collapse.

        1. And they are working on it, diligently. Every illogical and harmful policy is there to bring about the collapse.

  10. You are being replaced.

    Biden admin set to launch app so migrants can bypass in-person ICE check-ins: ‘Sh-t show’ (7/12/2024):

    “The Biden administration is preparing to eliminate in-person check-ins for migrants and replace them with an app, The Post has learned — which insiders warn is a “half-baked” plan that will lead more asylum seekers to abscond.

    The app — which is set to launch soon in the form of a pilot program in select cities — will let the millions of illegal migrants released into the US to await their asylum proceedings check in with immigration officials on a phone or computer, two sources familiar with the app revealed.

    This means the migrants will no longer be required to check in with their local Immigration and Customs Enforcement (ICE) field office every few months while they wait to plead their asylum case in immigration court.

    New York City’s ICE office was already “fully booked through October 2032” as of early last year for appointments to process migrants released at the southern border, according to an official document previously reviewed by The Post.”

    https://nypost.com/2024/07/12/us-news/biden-admin-set-to-launch-app-so-migrants-can-bypass-in-person-ice-check-ins/

    Build the wall, deport them ALL.

  11. Fiery But Mostly Peaceful (7/12/2024):

    “CNN quietly disbanded its “Race and Equality” team of reporters as part of a major restructuring that included firing 100 staffers this week, according to a report.

    There were three reporters that made up the unit, which was created by former CNN president Jeff Zucker in the aftermath of the police killing of George Floyd in Minneapolis in 2020.

    Mark Thompson, CNN’s new boss, announced Wednesday that the newsroom would be shedding around 100 jobs, nearly 3% of the workforce.”

    https://nypost.com/2024/07/12/media/cnn-quietly-disbands-race-and-equality-team-as-part-of-layoffs/

    1. After careers spent slavishly adhering to globalist propaganda narratives, these fired Real Journalists are going to see first-hand the gulf between the lies they were propagating and reality of life in #BidensAmerica.

      1. Their cognitive dissonance is so great that they won’t be able to see the lies. They will be true believers until they draw their final breath.

        It is said that when you are no longer useful to the dark rider that he throws you from his mount.

  12. Housing?

    Yes, because the Warmists want to force you into poverty and deprivation (7/13/2024):

    “Project 2025, a controversial conservative roadmap that aims to guide the next Republican administration, calls for the elimination of multiple energy- and environment-related offices and rules — moves that would restrict the government’s ability to combat climate change and pollution …

    In addition, with the help of Congress, Project 2025 seeks to eliminate energy efficiency standards for household appliances. Such standards have been a target of congressional Republicans, who have made multiple efforts to block or roll back Biden administration restrictions on appliances.
    Former President Trump has also blasted regulations requiring more efficient lightbulbs, showerheads and a range of other items.”

    https://thehill.com/policy/energy-environment/4769252-project-2025-climate-change-energy-environment/

    Never forget, YOU are the carbon that needs reduced.

      1. There are actual communists on Denver City Council,

        I think this is true i just about any major city, which is why so many are in a doom loop, teeming with homeless who OD on fentanyl.

        1. I’m surprised the Communist Party USA hasn’t sued the DNC for appropriating its political platform.

    2. I stocked up on incandescent light bulbs before the ban went into effect. They give up such a nicer light than harsh LED bulbs, while also being a middle finger to the Biden regime.

  13. PEPIN, Wis. – Angie Bocksell stood in the shade of a sprawling swamp oak tree. She was soaking in a picturesque afternoon on her fifth-generation dairy farm and discussing the state of American politics. This centuries-old tree, it occurred to her, is the perfect symbol of her family’s place in a politically shifting America: firmly rooted in one place, resistant to change around it.

    President Biden’s government spending. Big government’s COVID measures went against her rural self-reliance and common sense. She’s doesn’t love Trump — his divisiveness, his pompous attitude — but she feels she has no other choice.
    Glen Stubbe, Star TribuneAngie Bocksell works on her goat and cattle farm in Pepin, Wisc.

    “He’s just going to cause more divide, and I don’t like that,” Bocksell said. “But I want to vote for things that make sense for us as citizens. I can’t vote for Joe Biden.”

    The votes of people like Bocksell are of vital importance in 2024, with Wisconsin again among a handful of crucial swing states. And her region — called the Driftless Area for its hilly landscape untouched by ancient glaciers — has experienced voting shifts among the most drastic in the nation.

    Half a century ago, this region, whose small towns and rolling hills of farmland feel more rural New England than Midwest, was a hotbed of hippies and progressivism. Pepin County has leaned blue for generations. Before Trump, it voted Democrat for 10 consecutive presidential elections, with Richard Nixon its last Republican winner in 1972.

    But Trump didn’t just win Pepin County: He demolished Hillary Clinton by more than 23 percentage points. And although Biden in 2020 defeated Trump by 7 million votes nationally, Pepin County swung further right, with Trump winning by more than 26 percentage points.

    Tom Milliren is a self-made man. He married his Durand High School sweetheart 49 years ago, then bought his first piece of Pepin County farmland. There were hard times, but Milliren persisted. Now he owns 1,000 acres and operates 10,000 more.

    He’s always been conservative. But what solidified him as a Trump-style Republican wasn’t anything headline-grabbing like immigration or culture wars. It was when Milliren began serving on the county board and grew frustrated with big government.

    The federal government always tells them what to do despite not knowing the area, Milliren said. It tells farmers they can’t build in flood zones — “We know where the high spots are, and it’s our money,” he lamented — yet he sees million-dollar beach homes get wiped out by hurricanes then built back up. When a tenth of an acre is needed from a farmer to build a bridge, Milliren asks the farmer himself: easy. But federal grants stipulate land acquisition plans, costing $10,000 or more.

    “I’d like to sit down with some of those guys and say, ‘Do I look so stupid that you’re gonna tell me what to do all the time?'” Milliren said. “The people haven’t changed. The politics changed. What was blue is now red. They’re so far left they’re going to run off the road. I don’t care which party you are — let’s have some common sense.”

    https://www.msn.com/en-us/news/other/from-blue-to-red-in-a-generation-upper-midwest-s-driftless-area-flexes-political-heft/ar-BB1pS19H

    1. “But I want to vote for things that make sense for us as citizens. I can’t vote for Joe Biden.”

      Considering that Joetato and his minions want to end your dairy farm, because of warmism, I think voting against him is a very good idea.

    2. Angie Bocksell stood in the shade of a sprawling swamp oak tree. She was soaking in a picturesque afternoon on her fifth-generation dairy farm and discussing the state of American politics.

      Globalist agribusinesses want a total monopoly on the means of food production, which means driving kulaks like Angie off the land and consolidating family farms into gigantic factory farm complexes staffed by 3rd World wage slaves, striving more maximum profitability while consigning farm animals to hellish conditions. Two globalist “researchers” recently published a book-length smear on “white rural rage,” demonizing rural folk as irredeemable Deplorables – sound familiar? The sooner farmers figure out the oligarchy has targeted them as Enemies of the State who must be driven from their lands for the Greater Good, the sooner they can start organizing against these sociopaths and their political prostitutes.

  14. Column: Instead of just criticizing Biden, maybe George Clooney should take his place

    OK, my choice to replace President Biden as the Democratic nominee is George Clooney.

    Yes, I am semi-serious. No, I don’t expect anyone else to take me seriously — let alone the Oscar-winning actor.

    His lifestyle, privacy and pay would suffer immensely — even if a $400,000 salary plus free housing, food and travel would sound very alluring to most people. Even with the hefty workload increase.

    Why Clooney?

    Most importantly, he’d whip the dangerous Donald Trump easily, probably by a landslide. Clooney’s a better actor. That’s all Trump is, besides a compulsive liar. Clooney is much more.

    He has an easy smile that exudes sincerity and is extraordinarily telegenic. Trump pouts and frowns and is a horror show.

    Clooney exhibits conviction and is a humanitarian. Trump displays self-centered opportunism and sows hate.

    Clooney is relatively young for a presidential candidate these days. He’s an upbeat 63. Trump is a whiny, grouchy 78.

    Why else?

    Clooney had the guts, unlike most leading Democratic politicians, to be straight with the public, call it like he saw it and urge Biden to quit running for reelection. This was just weeks after he co-hosted a record $30-million, star-studded Hollywood fundraiser for the president.

    “I love Joe Biden. … In the last four years, he’s won many of the battles he faced. But the one battle he cannot win is the fight against time. None of us can,” Clooney wrote in a New York Times op-ed.

    https://www.msn.com/en-us/news/politics/column-instead-of-just-criticizing-biden-maybe-george-clooney-should-take-his-place/ar-BB1pUpFl

  15. “there was a marked drop from 2019 to 2020 in terms of quality construction”

    Which is why I want to build my own house.

    This country doesn’t need any more unskilled labor.

  16. Before Biden won the rigged 2020 election , Klaus Schwab said Biden was a tireless worker for the One World Order. Biden, after in office said , “The
    United States should lead in the One World Order.”

    So, Biden Administration and his Party and One World Order fake news proceeded to advance the One World Order take over of the glob.
    -Invasion of US Borders
    -Mandated killer vaccines
    – Censorship of free speech to defraud public.
    -Attempts at taking the second Amendment.
    – Wars, and more global wars.
    – Destruction of small business and transfer of tax dollars to Monopoly Corporations to fund take over.
    – Transgender assult on minors
    -Biden transfer of unlimited power by Treaty to UN and WHO, to dictate global policy that would override global Governments , Constitutions and any Sovereign Countries rights of Citizens.
    -Biden attack on political opposition, and attack on at least 50 of population declaring them enemy of State.
    – Discrimination of segments of population and violation of Civil Rights and promoting division and violence and civil war.
    -Bribery of segments of populations by paying off debt, Medical Bribery to med system by Cares act, transfer of funds to Monopoly Corporations, inflation attack, cutting off energy, food and supply lines, giving US oil reserves to China, and ongoing destruction of small business in USA. .
    -Governments partnership with Monopoly Corporations, Banks, Big Pharmacy , Rich Elites and other co conspirators to eliminate the US Constitutional Republic for a Great Reset, Global Governance , Stakeholders power grab to rule world.
    -A pre planned take over of world using fraudulent narratives of Climate Change and concocted Panademics so one World Order can enslave, genocide and deprive billions of people of resources of earth, under a One World dictorship.
    -A plan by One World Order Entities to implement a 2030 UN Sustainable Earth Agenda , based on fraudulent science of elimination of billions of people, animals, plants and destruction of earth’s terrain .
    -Warfare against inhabitants of earth by these forces who are psychopathic killers who want to assult humans and all life forms for a vision of utopia for a small number of power hungry nuts.
    Nothing else explains what’s been happening and global Governments are partnering in this power grab along with epic crimes against humanity.

    Its all so surreal , sinister and hard to believe but they openly reveal their plans, as if nothing can stop them.

    1. “nothing can stop them”

      300+ million guns in the hands of U.S. civilians would like to have a word.

  17. China’s First-Tier Cities’ Worst Fear Realized: Housing Prices Plummet 75% With No Bottom in Sight

    China Observer
    6 hours ago

    China’s real estate market is still crashing, with sales and construction in trouble. Recently, a topic about a property in Wuqing, Tianjin dropping from 1.6 million to 390,000 yuan trended on social media, sparking heated discussions.

    According to Chinese media, the property experiencing a steep drop is the First New Beijing Peninsula project in Tianjin. A local real estate agent said the project was most popular from 2016 to early 2017, with high-rise units selling for 20,000 yuan per square meter. An 83-square-meter apartment cost around 1.6 million yuan. Now, new homes are priced at 7,000 yuan per square meter, and similar second-hand homes cost 400,000 to 500,000 yuan per unit. It’s not unusual for very urgent sales to drop to 390,000 yuan.

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

    16:16.

  18. Florida’s Insurance Crisis Continues

    Ben Grieco

    5 hours ago

    Florida’s Insurance Crisis is no secret at this point. Homeowners premiums have skyrocketed on existing homes both state and nation-wide. Now Flood Insurance Premiums are wreaking havoc on an already afflicted housing market with new and dangerous gimmicks emerging to move real estate in these higher risk flood areas.

    https://www.youtube.com/watch?v=i6wOKUtr73Y

    15:16.

    2. The LSAT scores of Democrat DEI judges

      Interesting, I never even thought about their LSAT scores.
      Is it public knowledge how high they finished in their class ranking?

  21. 2 deaths today:

    Dr. Westheimer was in her 50s when she first went on the air in 1980, answering listeners’ mailed-in questions about sex and relationships on the radio station WYNY in New York

    https://dnyuz.com/2024/07/13/ruth-westheimer-the-sex-guru-known-as-dr-ruth-dies-at-96/

    Simmons, who revealed in March he had been diagnosed with skin cancer, died of natural causes and there is no suspicion of foul play.

    https://www.dailymail.co.uk/sport/othersports/article-13631661/Richard-Simmons-dead.html

  22. ‘A once reliable market with a peak selling season in June has taken a detour…The main culprit of higher interest rates is easy to identify. However, contrasting perspectives on the market have been summed up well by memes circulating the internet: buyers fear a repeat of 2008, sellers hope for a return to 2021 conditions and renters expect interest rates to drop back to three percent. While none of these views are true, the increasing inventory is moving our market towards a balanced market with the current months of inventory sitting at 2.78′

    Buyers and sellers are wrong Libby, got it. 2.78 is splitting the hair thin, but that’s a deep sellers market. Which makes one wonder why yer paying to run a ‘once reliable market with a peak selling season in June has taken a detour’?

  23. LIVE: President Trump Holds a Rally in Butler, Pennsylvania – 7/13/24
    Right Side Broadcasting Network

    Started streaming 6 hours ago

    President Donald J. Trump, 45th President of the United States of America, will hold a rally in Butler, Pennsylvania, on Saturday, July 13, 2024, at 5:00 p.m. ET to emphasize the horrendous effects Biden’s dishonest presidency has had on our country.

    https://www.youtube.com/watch?v=Rr63RgGN-Yo

    Apparently shots fired.

      1. Law enforcement snipers were shooting back at a sniper in the trees RBN reported just now.

        1. Gunfire appeared to erupt at former President Donald Trump’s rally in Pennsylvania while he was speaking on stage — and he was grazed in the ear, law enforcement said.

          Several gunshots rang out just about five minutes into his speech shortly after 6 p.m., sending Trump to the ground as Secret Service agents jumped in to cover him.

          Trump appeared to grab his ear in the moments before he was taken to the floor by the Secret Service. He was heard asking for his shoes as the guards rushed him away.

          Soldiers in military gear were seen rushing into the rally.

          Nine shots could be heard in video of the incident, including three before Trump ducked.

          Law enforcement sources said that he appeared to be grazed by a ricochet.

          Members of the crowd could be heard screaming in panic as several pops could be heard.

          Thousands had attended the campaign rally in Butler, where Trump was rumored to make an announcement about his Vice Presidential pick ahead of the Republican National Convention next week.

          https://nypost.com/2024/07/13/us-news/trump-rushed-offstage-after-sounds-of-gunfire-erupt-at-rally/

          2. Maybe it’s minor

            Hopefully so, so close to his temple. Reportedly now at the hospital, which the Butler hospital is not so great.

  24. BREAKING NEWS: Shots Fired At Trump Rally, Former President Pumps Fist As He’s Rushed Off Stage

    Forbes Breaking News

    31 minutes ago

    Shots are fired at former President Trump’s campaign rally in Butler, Pennsylvania, and the former President is rushed off stage.

    https://www.youtube.com/watch?v=XL3D0h5j0Lo

    4:35. Better video. “Let me get my shoes.” Those are probably some pretty nice shoes!

      1. Bloody Trump escorted off stage at Pennsylvania campaign event
        FOX 4 Dallas-Fort Worth

        58 minutes ago.

        Former president Donald Trump was escorted off the stage with blood on his face at a Pennsylvania rally after the sound of gunshots were heard in the area.

        https://www.youtube.com/watch?v=7I9wdTC52I0

        1:48. Report says ‘shooter down, shooter down.’

      1. Relax love. This was not an officially sanctioned act of violence. The pardon will happen. Then, before the celebration ends, DJT will commute Derek Chauvin’s sentence and open another investigation.

          2. The New York “hush money” and Georgia election interference cases are state crimes so a presidential pardon doesn’t apply. As for the two federal cases, Trump could just direct his DOJ to drop the cases. I’m not sure what pardon you think Biden will give Trump. Trump on the other hand could pardon Biden for all of his crimes, but that would NOT go over well.

          1. But some of Trump’s allies immediately pointed the finger.

            “Today is not just some isolated incident,” wrote JD Vance, a Republican senator from Ohio and rumoured contender for Trump’s running mate.

            “The central premise of the Biden campaign is that president Donald Trump is an authoritarian fascist who must be stopped at all costs. That rhetoric led directly to president Trump’s attempted assassination.”

            Republican representative Marjorie Taylor Greene accused Trump’s opponents of “demonising” the former president and his supporters.

            “The Democrats and the media are to blame for every drop of blood spilled today,” she said.

            The pictures of Trump returning to his feet, pumping his fist in the air, and mouthing what appeared to be the words “Fight, fight, fight” will become the defining images of his election bid.

            https://www.abc.net.au/news/2024-07-14/donald-trump-assassination-attempt-rally-analysis-jade-mcmillan/104096418

          2. “Are they ever?”

            Back in the day Christians like William Randolph Hearst and Allen Dulles decided the fate of many unfortunate souls.

        3. officially sanctioned

          For your consideration: “The Supreme Court overturned the Chevron doctrine in Loper Bright Enterprises v. Raimondo (2024) holding that it was inconsistent with the Administrative Procedure Act (APA) and gave unelected government officials too much authority.” (emphasis added)

  26. A report from the Denver Post in Colorado. “The once-predictable Denver metro residential real estate market feels topsy-turvy at the year’s midpoint, according to the monthly real estate trends report from the Denver Metro Association of Realtors. ‘A once reliable market with a peak selling season in June has taken a detour,’ Libby Levinson-Katz, chair of the DMAR Market Trends Committee, said in the report.”

    “Colleen Covell, a market trends committee member said June broke the historical trend of high-priced sales in June. ‘Last month featured some of the most sluggish activity the million-dollar-plus market has seen in years,’ she said. The number of closings in this segment plunged almost 50% from May. ‘With showing activity coming to a virtual standstill in the highest-priced segments, sellers and listing agents were left scratching their heads and asking, ‘Where have all the buyers gone?’ Covell said that the high-priced segment is now a buyer’s market. ‘Sellers in this market will be left out of the summer fun unless they update their home before listing, price conservatively, and expect to pay a closing concession,’ she said. ‘Otherwise, they will be sitting idle throughout the long dog days of summer.’”

    \\

    https://www.youtube.com/watch?v=5IsSpAOD6K8
    Talking Heads – Once in a Lifetime (Official Video)
    72,935,577 views Feb 2, 2018
    You’re watching the official music video for Talking Heads – “Once in a Lifetime” from the album ‘Remain in Light’ (1980)

    \\

    https://www.azlyrics.com/lyrics/talkingheads/onceinalifetime.html

    “Once In A Lifetime” lyrics
    Talking Heads Lyrics

    “Once In A Lifetime”

    And you may find yourself living in a shotgun shack
    And you may find yourself in another part of the world
    And you may find yourself behind the wheel of a large automobile
    And you may find yourself in a beautiful house, with a beautiful wife
    And you may ask yourself, “Well, how did I get here?”

    Letting the days go by, let the water hold me down
    Letting the days go by, water flowing underground
    Into the blue again after the money’s gone
    Once in a lifetime, water flowing underground

    And you may ask yourself, “How do I work this?”
    And you may ask yourself, “Where is that large automobile?”
    And you may tell yourself, “This is not my beautiful house.”
    And you may tell yourself, “This is not my beautiful wife.”

    Letting the days go by, let the water hold me down
    Letting the days go by, water flowing underground
    Into the blue again after the money’s gone
    Once in a lifetime, water flowing underground

    Same as it ever was, same as it ever was
    Same as it ever was, same as it ever was
    Same as it ever was, same as it ever was
    Same as it ever was, same as it ever was

    Water dissolving and water removing
    There is water at the bottom of the ocean
    Under the water, carry the water
    Remove the water at the bottom of the ocean
    Water dissolving and water removing

    Letting the days go by, let the water hold me down
    Letting the days go by, water flowing underground
    Into the blue again, into the silent water
    Under the rocks and stones, there is water underground
    Letting the days go by, let the water hold me down
    Letting the days go by, water flowing underground
    Into the blue again after the money’s gone
    Once in a lifetime, water flowing underground

    You may ask yourself, “What is that beautiful house?”
    You may ask yourself, “Where does that highway go to?”
    And you may ask yourself, “Am I right? Am I wrong?”
    And you may say to yourself, “My God! What have I done?”

    Letting the days go by, let the water hold me down
    Letting the days go by, water flowing underground
    Into the blue again, into the silent water
    Under the rocks and stones, there is water underground
    Letting the days go by, let the water hold me down
    Letting the days go by, water flowing underground
    Into the blue again after the money’s gone
    Once in a lifetime, water flowing underground

    Same as it ever was, same as it ever was
    Same as it ever was and look where my hand was
    Time isn’t holding up, time isn’t after us
    Same as it ever was, same as it ever was
    Same as it ever was, same as it ever was
    Same as it ever was, same as it ever was
    Letting the days go by, same as it ever was
    Here a twister comes, here comes the twister
    Same as it ever was, same as it ever was (Letting the days go by)
    Same as it ever was, same as it ever was (Letting the days go by)
    Once in a lifetime (Let the water hold me down)
    Letting the days go by (Water flowing underground)
    Into the blue again

  27. Had the shooting been against Biden, we would be hearing nonstop about “fashism” destroying the country.

    Curiously, I have yet to see any information about the shooter’s name or whether he posted a leftist manifesto. If he did, I’m sure it’s getting scrubbed along with anything that could tie him to the left. Eventually we will be told that he was a lone wolf.

    1. Well, how about that. Even though I tried to be clever with spelling my post was sent to moderation. Probably another triggered that.

    2. lone wolf

      In a press conference last night, law enforcement wouldn’t commit to only one shooter.

      https:// nitter.poast.org/ KatiePavlich/ status/ 1812264550722388289#m: Just spoke on the phone to Ambassador Kip Tom, who was sitting in the front row at the Trump rally. He told me he believes there were two shooters, saying shots at President Trump came from different directions. He also saw others get hit. He also said he saw “gun smoke.”

      1. One reply:
        Candidate McCormick said that the same thing
        2 shooters.
        Not one.

        Unsurprisingly, other responses are saying it’s just Secret Service returning fire.

  28. Witness says he saw gunman on roof near Trump rally

    10 hours ago

    A man with a rifle was seen on a rooftop minutes before shots were fired at a Donald Trump rally in Pennsylvania, a witness has told the BBC.

    Greg Smith said the man had crawled on top of a building just outside the event in Butler County on Friday evening.

    He said he pointed the gunman out to police.

    “I’m thinking to myself ‘Why is Trump still speaking, why have they not pulled him off the stage’… the next thing you know, five shots ring out.”

    The former president was immediately swarmed by Secret Service agents and escorted away. He was seen with blood on his face and later said a bullet had pierced his ear.

    The gunman was shot dead, officials later confirmed. Mr Smith told the BBC he saw Secret Service agents shoot the man.

    Mr Smith was listening from outside the rally and said he saw the gunman around five minutes into Trump’s speech.

    “We noticed the guy bear-crawling up the roof of the building beside us, 50ft away,” he said. “He had a rifle, we could clearly see a rifle.

    “We’re pointing at him, the police are down there running around on the ground, we’re like ‘Hey man, there’s a guy on the roof with a rifle’… and the police did not know what was going on.”

    Mr Smith said he tried to alert the authorities for three to four minutes, but thought they probably could not see the gunman because of the slope of the roof.

    “Why is there not Secret Service on all of these roofs here?” he asked. “This is not a big place. “[It’s a] security failure, 100% security failure.”

    https://www.bbc.com/news/articles/cn4v7v2g5l1o

    1. “[It’s a] security failure, 100% security failure.”

      Or security conspired to allow it to happen. Unfortunately for them their shooter, who knew he would die, wasn’t a great shot, or maybe got nervous and missed.

      1. A reasonable marksman could hit an apple on a fence post at 200 yards. Of course, apples don’t move around.

        1. We used to have crabapple trees on our farm. After a good wind-up, I could hit my younger brother in the head with unerring accuracy from a distance of about 75 meters. I needed every bit of that head-start once he flew into a homicidal rage.

  29. ‘A once reliable market with a peak selling season in June has taken a detour,’ Libby Levinson-Katz, chair of the DMAR Market Trends Committee, said in the report. ‘

    Hey Libby, pick a last name, and your dissembling isn’t fooling anyone when the data speaks for itself.

  30. “Active listings rose 11.5 percent month-over-month to 10,214, a 68.27 percent jump year-over-year.

    Is that a lot?

  32. The female employee, who asked to keep her identity confidential, said the delay and/or missed pay checks from the live stream company left her struggling financially.

    Companies that were only viable in a world awash with Yellen Bux liquidity are entering the dead pool as the long-deferred financial reckoning day slouches closer.

  33. But more than that, she saw him as a kind man, a family man. So she gave him $60,000.

    The stupid, it burns.

  34. ‘Really, you’re blinded by greed. And that’s the embarrassing part,’ he said.”

    Whoop, there it is. Greed seems to be the common denominator among all of these “victims.”

  35. In a previous report, Viceroy accused Arbor of fraud, claiming it hides losses by financing the purchase of assets from its own foreclosures in off-balance-sheet transactions.

    The terror of incurring the wrath of Fauxahontus and suffering real consequences would surely be a deterrent to this kind of financial chicanery.

  36. “A condo sold at a substantial loss in Toronto in May shows just how much prices fluctuate in the city’s unpredictable real estate market.

    You keep using that word “fluctuate,” REIC shills. I don’t think that word means what you think it means. (H/t to Inigo in “Princess Bride.”)

    https://www.youtube.com/watch?v=qhXjcZdk5QQ

  37. “Over two million taxpayers in Australia, about a fifth of the total, are property investors while 3.25 million Australians own investment properties. That is an awful lot of people who are punting on an investment that is not very logical.

    Die, speculator scum. The sooner your dreams of effortless wealth die in the arse, the sooner sanity can return to the housing market.

    1. But Trump needs to turn down the rhetoric and didn’t in his first post post assassination attempt.

    1. Yeah, those three ladies running around that SUV looked like the Keystone cops. And they looked like it had been a while since they had seen the inside of a gym. What if Trump had been unable to walk and needed to be carried? I don’t think that detail could lift him.

    2. DEI Secret Service.

      I suspect this level of incompetence is across the board in the FedGov and in most states as well. Think about that the next time you board an airliner.

    1. Also evidently the LEO snipers had been watching the gunman for at least 30 seconds, waiting for the gunman to fire first. They knew there was a gunman and they STILL allowed Trump to stand up and speak? They should have had him on the ground 20+ seconds before any shots fired.

  47. Eyewitness believes there was a ‘noticeable’ difference in security at Trump’s rally

    NBC News

    7 hours ago

    Robert D. Philpot spoke to NBC News’ Tom Llamas about what he saw at former President Trump’s rally before the assassination attempt and what he believed was a “noticeable” difference in security compared to a previous rally he attended with his daughter.

    https://www.youtube.com/watch?v=uSpsBgYn-uM

    5:26.

    1. I prefer the kitchen to have sliding doors and good ventilation so that the entire house doesn’t smell like whatever was cooked. These photos have fabric furniture staged nearby; lmao. Sorry love.

      1. Incongruous interiors and exteriors bug me. They barely touched the landscape and there’s that gravel slope view off the back.

Comments are closed.