Buyers Are Looking For A Good Deal, And They’re Willing To Wait Until Sellers Figure That Out

1. ‘The home is in a reverse mortgage; her son tells FOX5, they have been trying to give the home back, but are having trouble doing so…‘Give it back to the damn bank, and let the bank clean it up and sell it, instead of torturing the neighborhood’

   Senator running deer heap angry!

   1. My squatting brothers!

2. One week from today, our long national nightmare will be over.

   1. I wouldn’t be so sanguine. Keep in mind that The Cabal will be in a vengeful mood if the electorate rejects their cardboard cutout Comrade Harris. They will want to present Trump with one crisis after another and wage incessant lawfare against him using our globalist-subverted institutions of governance. The globalist oligarchs will also turn on the money spigot for the REAL insurrectionists on the radical left. So things will probably be getting spicy even if the DNC and Deep State can’t pull off electoral fraud on the scale needed to overcome Comrade Kamala’s unpopularity with voters. Last but not least, we’re long overdue for the next Wall Street-Federal Reserve Great Muppet Reaping, which will probably occur on Trump’s watch.

3. How did you lose yer igloo Bob?

   This policy change will be felt quickly, and will make other supply-side measures look almost like a rounding error.

4. ‘The news that the firm went bust came days after one of the investors, among 17 who have spent up to £600,000 on villas which are now unlikely ever to be finished, leaving them out of pocket, warned this would happen…At the time they said: ‘At the very least Kingfisher Una Resort Limited, as our agent, should be sitting on a significant sum of money. If we average the sale cost at £500,000, less £140,000 for the lease premium, and times that by 17 owners who paid up front then take 50 per cent of it – we have more than £3 million. So where is the money? If Kingfisher Una Resort Limited, as our agent, spent the money on something other than the build of the villas that they held the money for, what has it been spent on?’

   These angry investors always want to know where their money went.

   1. The shrieks of rage from fleeced housing speculators is music to my ears.

5. “Signs that read ‘Homes, Not Hotels’ are popping up in a neighborhood near Old Town Scottsdale.

   Neighborhoods & communities need to unite to drive out the STR speculator scum and their unregulated hotels from residential neighborhoods by whatever means necessary. City council members who are accepting brown envelopes from the STR companies need to be exposed, then voted out of office.

   1. That’s not how you spell guillotine.

6. ‘I think right now is the time to buy if you’re ready to upgrade in the Casper area.

   This is a terrible time to buy, said no realtor ever.

7. ‘There’s wiggle room. We’re not really increasing right now, just holding steady.’”

   Realtor lies tell their own kind of truth. The data shows rising inventories and deepening price reductions which belie the “holding steady” REIC shill narrative. Time is on your side, buyers, as each new month will bring new evidence of a bursting housing bubble and intensify pressure on sellers to get real with their pricing.

8. [This 6 minute video is for Housing Wizard.]

   https://www.youtube.com/watch?v=WJdHF7J_ZZM

9. After “Colossal” Exodus Of Subscribers, WaPo Boss Bezos Explains “The Hard Truth” About Not Endorsing Kamala.

   https://www.zerohedge.com/political/colossal-mass-exodus-over-200000-wapo-subscriber-cancellations-after-bezos-blocks-harris

   [This is a long read so I will offer up but a snip.]

   In what is likely even more harrowing for the Op-Ed editors at The Washington Post, Jeff Bezos has just penned an explainer for his decision to not allow the liberal rag to endorse Kamala.

   We present the opinion piece here in full (with some emphasis by us) – this is shocking levels of honesty!

   The hard truth: Americans don’t trust the news media
   The credibility gap can be bridged by independence.

   In the annual public surveys about trust and reputation, journalists and the media have regularly fallen near the very bottom, often just above Congress. But in this year’s Gallup poll, we have managed to fall below Congress. Our profession is now the least trusted of all. Something we are doing is clearly not working.

   1. Not a fan of Bezos, but as a businessman he’s pragmatic enough to realize a business model of expecting subscribers to pay good money for globalist propaganda & DNC talking points is increasingly non-viable as millions of former sheeple become red-pilled and seek out real news and real truth from citizen journalists on social media and blogs like this one.

10. ‘So I don’t know that people are seeing the benefit of moving up here as much as they used to, because I feel like that price gap is closing in.

    With Marxist-Leninists controlling the Colorado Statehouse and imposing globalist agendas like the resettlement of 40,000 Venezuelans in Denver, the sane portion of the population is reading the writing on the wall and are fleeing to the free states like Wyoming and Idaho. That exodus is only going to accelerate as the commies in Denver throw Colorado into a terminal doom loop.

    1. There are elected Democratic Socialists of America on Denver City Council.

       And Denver voted 79.55% for Harris Biden in 2020, actual votes, not ballots shipped in overnight.

       Stick a fork in it, cuz that place is done.

11. [This post is long.]

    The Political Theology That Maintains State Power

    https://mises.org/mises-wire/political-theology-maintains-state-power

    For religions throughout the world, established rules, studies, and practices are instrumental for their legitimacy. Established religious institutions throughout the world train theologians to study the nature of God and their belief system. For the Sunni Muslims, theologians in the Hanafi school consist of legal studies in line with Islam, while others like the Murji’ah sect focus on moral teachings of work and faith. Catholics too prescribe specialized areas of study to theologians, whether that be social teachings on leading a moral life or supernatural studies of God.

    Whatever the case, each of these studies offers legitimacy to the faith and to the clergy, so the state, in all its omnipotence, follows suit. The late German jurist Carl Schmitt held that the “omnipotent state” practices its legitimacy similarly. Writing in his book, Political Theology, that “all significant concepts of the modern theory of the state are secularized theological concepts.” As the age of monarchs came to a close in the early 20th century and the age of massive ideological states came into play, new concepts and ideas had to be developed, as they did not have a “mandate of heaven” to legitimize their power.

    The United States government, for instance, has had an army of academics, experts, and celebrities to legitimize its actions. Their political theology consists of some of the following: economics, law, and the hard sciences. Analyzing these concepts, we can see how the state and its clergy weaponize them in order to maintain their power.

    Economics
    In 1994, Charlie Rose interviewed the British businessman James Goldsmith. Sir Goldsmith was campaigning in the European Union against the General Agreement on Tariffs and Trade (GATT), a component of the WTO agreement. In 1995, 125 countries had signed onto the agreement, which included agricultural subsidies. Goldsmith warned in the interview that this would lead to massive emigration from third-world countries and that people in western society had come to serve an economic index that harms them. He claimed that, if the GATT were adopted, we would be:

    Creating mass immigration, which none of us could control. We would be destroying the towns, which are already largely destroyed. Look at Mexico; look at our own towns, and we’re doing this for economic dogma because we’ve got to get it done by the end of December. We can’t wait another year or two to see the results. Otherwise some political gimmick like Fast Track will go out of the way. What is this nonsense? Everything is based in our modern society on improving an economic index. How do we get greater economic growth? How do we grow the GNP? The result is, we are destroying the stability of our societies because we are worshiping the wrong god, economic index.

    It is economic orthodoxy today that GDP must grow and that financial stimulus is one way of doing this. During the COVID-19 pandemic, the United States government issued stimulus checks from the low of $600 to a high of $1,400 per person. Assistant professor Christina Patterson of the University of Chicago suggested that when Congress pumped the money into the economy during COVID, the highest growth came from the individual household. Her suggestion: “Lawmakers should give the money to people who will spend most of it, rather than sock it away in savings.”

    To suggest that the COVID stimulus grew the economy is preposterous. Some of the real effects of the “stimulus” are as follows: nearly 7,000 firms are considered “zombie firms” that are laden with debt, an increase of 30 percent over the last ten years; the average price inflation rate in 2022 was 8 percent, with a high of 9.1 percent in June 2022; grocery prices increased by 20 percent. The inflationary expansion of the money supply and adjustment of interest rates by the Federal Reserve during this time caused the increase in prices. The Federal Reserve propping up the stock market led to the rise of zombie firms because of malinvestment, but mainstream economists refuse to believe their orthodoxy is wrong.

    Law
    The United States has prided itself on being a land of law, where the rule of law reigns supreme and all its subjects, even the president, cannot usurp it. This is an illusion in our current political theology. America’s “supreme law of the land,” the Constitution, has been nothing more than a suggestion for much of its history. Whether that be censorship against the freedom of speech and press, as seen with the Espionage Act of 1917, or with the illegal mass surveillance by the NSA as exposed by Edward Snowden in 2013. Each case violated amendments in the Constitution, the 1st and 4th respectfully. Despite the controversy, the Espionage Act is still in effect and Edward Snowden is in exile in Russia.

    Despite this, the establishment is still unwavering in their claims of being defenders of American law and democracy. What they’re really defending is their so-called mandate of heaven. Just as the Chinese Emperors had this supernatural mandate, the president, the Congress, and the bureaucrats each have the supernatural concept of “law” on their side. Hugo Krabbe, a Dutch political scientist, developed an explanation for the legitimacy of constitutional law in his book The Modern Idea of the State, saying:

    We no longer live under the dominion of persons, either natural or fictitious legal persons, but under the dominion of norms [laws], of spiritual forces. In this is revealed the modern idea of the state…. These forces rule in the strictest sense of the word. Obedience can be freely rendered to these forces, for the very reason that they do proceed from the spiritual nature of mankind. (italics in original)

    The entire constitutional legal order is, therefore, based on man’s sense of right and wrong. Just as Moses took down the Ten Commandments on Mount Sinai to the Israelites, so do we receive the law from the politicians on Capitol Hill and in the halls of bureaucratic departments. This is how the American establishment is able to maintain its power, by linking their positions of authority to American “morality” that they claim is linked to the law. Any attack against them or to the law is a threat to the American way of life and the regime will use all the means at its disposal to silence you. The former British PM, Tony Blair, had described himself and all who govern as a Moses-like figure in his book, On Leadership. He had stated:

    I liken governing to leading people on a journey. You don’t just start by stepping out. You begin with a description of the destination—the house on the hill you might call it…. Think of Moses and the Exodus from Egypt. You might have thought that since he was leading his people out slavery and oppression, they would have been perpetually grateful. But they weren’t. They complained bitterly much of the time. They dissented. They rebelled. They frequently averred that they would have been better off if he had just left them where they were.

    Many of the bureaucrats that rule, whether from places such as London, Brussels, or Washington DC, have a Messiah complex. All they do is for the benefit of the democratic system and, therefore, the whole Western world. From here, the regime can continue to manage its economy and wars without interference, as James Burnham said in his book The Managerial Revolution:

    They proclaim the rules, make the law, issue the decrees. The shift from parliament to the bureaus occurs on a world scale. The actual directing and administrative work of the bureaus is carried on by new men, a new type of men. It is, specifically, the MANAGERIAL type. The active heads of the bureaus are the managers-in-government, the same, or nearly the same, in training, functions, skills, habits of thought as the managers-in-industry.

    Because of the form the law has taken, we’re no longer ruled; we’re administered. The term “law and order” becomes merely a tool to contain what Carl Schmitt has called the “exception.” When the current regime finds the state of things abnormal, they can declare war on it. Whether they be abstract concepts such as “disinformation,” against populists like Donald Trump, or against ideologies like “fascism” and white supremacy.

    Conclusion
    In the past, kings could legitimize their power through alliances with a church or spiritual leader to show that their rule was established by a higher authority, an alliance of the throne and altar. Today, politicians and bureaucrats use the “sciences” and their experts to establish their authority. Economists at the Federal Reserve and IMF fund the government’s schemes, judges support laws via theories that violate the Constitution, and you, while dissenting, will follow the “new Moses” to the house on the hill.

12. There needs to be accountability and consequences for the massive fraud on taxpayers perpetrated during the scamdemic.

    https://www.news.com.au/finance/economy/australian-economy/billions-wasted-on-covid-job-keeper-payments/news-story/20033e859714ea215de71b4ede6c4196

13. Steve Bannon walked out of the gulag today, unbowed and unbroken. Be afraid, globalist traitors, of what’s percolating among the political dissidents you’ve railroaded and the radicalization you’ve created among the J6 political prisoners.

    https://x.com/liz_churchill10/status/1851241314576114133

14. The wall of lies is crumbling.

    https://x.com/liz_churchill10/status/1851055356824220074

    1. 100% safe and effective.

15. This is rich: STR host is shocked, shocked! after TdA Biden-Harris regime imports trash an AirBnB party house.

    https://www.dailymail.co.uk/news/article-14014887/Tren-Aragua-gang-trash-Colorado-Airbnb.html

16. The deadline for these inspections is Dec. 31, but for condo residents like Darlene VanRiper, that is not enough time. VanRiper helped start the ‘Treasure Coast Condo Alliance,’ a group focused on developing alternatives for these inspections and how to pay for them. ‘Zero-interest loans aren’t going to help you if you can’t even pay back the principal,’ said VanRiper.”

    Florida is finished

    1. They’ve had 3 years…………..Waiting to the last minute to kick the can.

       sounds like most condo owners everywhere.

17. “Part of the problem Scigliano sees is home sellers hanging onto pandemic-level pricing”

    What your realtor is trying to say is you need to price your house circa 2019 or earlier.

18. And the 10yr yield just keeps a rising. 4.3+ and going up. Sorry rate daters…..no soup for you!!

    1. Fidelity SPAXX show me the money.

19. A reader sent these in:

    Just an FYI for those who dont know, @NAR, @Zillow, and @Redfin
    are all pushing this ridiculous, “sales are low because of the 2024 election” idiocy. They’ll say whatever it takes to cover their ass. Email I received just this morning from $RDFN.

    https://x.com/mcspacface/status/1850657119940620478

    This is too funny. Pour one out for this real estate agent’s clients in Dallas.

    https://x.com/GayBearRes/status/1850620768851304486

    I can’t be mad at this guy at all

    3 screenshots

    https://x.com/GayBearRes/status/1850737431701524931

    The Fed is the prime source of our economic problems. Our nation needs sound money again.

    I’d be very happy to discuss this with you @JDVance!

    https://x.com/RonPaul/status/1850579645667606544

    As I’ve said before, guys, you don’t need the same exact conditions as 2008 to have an outcome like 2008.

    You just need a bubble and a catalyst.

    2008 was a bank liquidity crisis much more than it was a housing crisis. Now, we have a bubble three times the size we had then, and three catalysts:

    1) Deposit account balances are dropping significantly. This is causing the reverse repo funds held at the Fed to be collapsing in real time.

    2) Many credit cards and loans are not performing now and are 30-90 days delinquent. Commercial real estate losses are staggering and short-term rental housing loans are also rapidly going under.

    3) Treasury yields are going in the wrong direction. Banks all hold a significant amount of their reserve assets in treasuries, which have taken significant losses since 2022.

    Right now, banks don’t have to report those losses as long as they hold the bonds to maturity. But if money gets tight, they would have to book those losses and risk insolvency in some cases, if they sold any treasuries at the losses they currently hold.

    https://x.com/his_eminence_j/status/1850719672204923170

    Rare photo of a BLS employee gathering data.

    https://x.com/RudyHavenstein/status/1850287897968357619

    More pain for the wine industry.

    Southern Glazer’s, the largest wine distributor in the U.S., has reportedly laid off 3,000 employees.

    The layoffs were allegedly conducted via Zoom and included the elimination of an entire wine division.

    https://x.com/dedkatbouns/status/1849940672004165966

    act check me if you are a Democrat!

    YES, THE GOVERNOR OF MICHIGAN USED TO WORK FOR GEORGE SOROS.

    YES, CALIF GOV. GAVIN NEWSOM IS NANCY PELOSI’S NEPHEW

    YES, ADAM SHIFF’S SISTER IS MARRIED TO ONE OF GEORGE SOROS’ SONS.

    YES, JOHN KERRY’S DAUGHTER IS MARRIED TO A MULLAH’S SON IN IRAN.

    YES, HILLARY’S DAUGHTER CHELSEA IS MARRIED TO GEORGE SOROS’ NEPHEW.

    YES, ABC NEWS EXECUTIVE PRODUCER IAN CAMERON IS MARRIED TO SUSAN RICE,
    OBAMA’S FORMER NATIONAL SECURITY ADVISER.

    YES, CBS PRESIDENT DAVID RHODES IS THE BROTHER OF BEN RHODES, OBAMA’S DEPUTY NATIONAL SECURITY ADVISER FOR STRATEGIC COMMUNICATIONS.

    YES, ABC NEWS CORRESPONDENT CLAIRE SHIPMAN IS MARRIED TO JAY CARNEY, FORMER OBAMA WHITE HOUSE PRESS SECRETARY.

    YES, ABC NEWS AND UNIVISION REPORTER MATTHEW JAFFE IS MARRIED TO KATIE HOGAN, OBAMA’S FORMER DEPUTY PRESS SECRETARY

    YES, ABC PRESIDENT BEN SHERWOOD IS THE BROTHER OF ELIZABETH SHERWOOD, OBAMA’S FORMER SPECIAL ADVISER.

    YES, CNN VP VIRGINIA MOSELEY IS MARRIED TO TOM NIDES, FORMER HILLARY CLINTON’S DEPUTY SECRETARY.

    THIS IS WHAT YOU CALL A “STACKED DECK”. IF YOU HAD A HUNCH THE NEWS MEDIA WAS SOMEWHAT RIGGED AND YOU COULDN’T PUT YOUR FINGER ON IT, THIS MIGHT HELP YOU SOLVE THE PUZZLE.

    https://x.com/VernonForGA/status/1850327214392307718

    Kamala Harris unveils a new accent at a black Philadelphia church

    https://x.com/EndWokeness/status/1850548289608839250

    The Great Martis’s 2025 Predictions. ⏳🦉🕑🕙
    1. Trump inauguration.
    2. Dow Jones 28k.
    3. Regional bank failures 2.0.
    4. Housing crisis begins.
    5. Mass Democrats prosecuted.
    6. Bitcoin $12k.
    7. Bond erosion worsens.
    8. Unemployment 7%.
    9. WW3 averted.
    10. Nvidia crashes.
    11. iPhone 17 looks exactly like iPhone 16.

    https://x.com/great_martis/status/1850024717299876112

    Volkswagen plans to shut at least three factories in Germany, lay off tens of thousands of staff and shrink its remaining plants in Europe’s biggest economy as it plots a deeper-than-expected overhaul

    https://x.com/MacroEdgeRes/status/1850904395057152432

    Cutting free coffee – sign of the times for the current labor market.

    https://x.com/DonMiami3/status/1850919565309395447

    For at least a few days, the manufacturing facilities at FCA’s large Detroit Assembly Complex—Jefferson will fall silent — due to low sales volumes. Stellantis notified workers of a temporary shutdown and subsequent layoffs today

    https://x.com/MacroEdgeRes/status/1851012047997473197

    Reply with your favorite “why not just buy T-bills instead?” take from the past 2 years.

    https://x.com/GayBearRes/status/1851072592171471177

    “GNMA loans at least 90 days past due has reached 2.69% of the unpaid balance, the highest since the end of 2021, $BOK Financial strategist Christopher Maloney wrote Friday” @markets| And @HUD
    is going to limit @FHA loan mods to 1x per year. That rancid float of #NPLs is about to become very real…

    https://x.com/rcwhalen/status/1850960055581159689

    The Commercial Real Estate Crisis ReportedlyThreatens A Big
    Wisconsin Bank

    43% Of Their Deposits Are Uninsured – @MacIverWisc

    “…a huge portion of their Commercial Real Estate holdings may have deteriorated enough in value that they are now flirting with default…”

    “…The Associated Bank is one such bank worried about its financial stability––as it should be.

    As the 49th largest bank in the U.S.––owning more than $41.5 billion worth of assets and holding 13% of all deposits in the state of Wisconsin––the Associated Bank (AB) is a major source of financing for Wisconsin industry.

    Its failure could guarantee that the Wisconsin economy remain stagnant for many years to come, as businesses seeking capital suddenly lose access to a major source of financing….”

    https://x.com/kshaughnessy2/status/1850865344245837834

    “Flood of buyers”

    https://x.com/24marinematt/status/1851035962895466793

    1. More pain for the wine industry.

       A luxury that gets cut during tough times.

       1. Why The World Has A Huge Wine Glut And Why It’s Only Going To Get Worse

          https://www.forbes.com/sites/johnmariani/2023/09/08/why-the-world-has-a-huge-wine-glut-and-why-its-only-going-to-get-worse/

          As certain well heeled connoisseurs struggle to come up with $28,000 to buy a single bottle of the latest vintage (2020) of Romanée-Conti from Burgundy, or a 2020 Screaming Eagle from Napa Valley for $3,700 each, the rest of us wine lovers are now in a position where there is more wine and more choice of wines at better prices than ever before in the past fifty years.

          The principal reason is that there is an astoundingly large wine glut in the world, and several reasons why there is one. Australian wineries alone are sitting on more than 256 million cases of wine—more than two years of inventory—without a market. In June the EU gave France about $172 million to destroy nearly 80 million gallons of wine, with more funds to come this month. What will happen to all that wine? It will be distilled into pure alcohol to be used in perfume and cleaning supplies.

          This so-called “Lake of Alcohol” is nothing new—there’s long been a lot of junk wine to be dumped—and bulk wineries have looked upon the process as a subsidy. But now it is affecting some of the biggest wine companies around the world, with grape and wine prices dropping precipitously.

          The reasons are easy enough to come by. First of all, there are so many more countries producing wine for both local and export markets than ever before. Vineyards in France, Italy, Spain and Germany have now been joined by expansive production in many countries once held back by the Soviet Union, like Rumania, Croatia, Hungary and Georgia. New World wines from South America, as well as Australia and New Zealand, have added billions of liters to the huge California, Oregon and Washington industry, joined now by Texas, Virginia, even New Mexico.

          Ironically, the tremendous technological advances in viniculture, like temperature-controlled stainless steel tanks and genetic modifications have made good wines easier to make in so many territories where it would have been unthinkable even ten years ago. Equally ironic is that while climate change and warming temperatures are threats to the distinctive qualities of many areas’ terroir, it can actually spur cooler climate regions like the United Kingdom to enter the market aggressively.

          Next, the fantasy on the part of all wine companies was that Russia and China would offer limitless new opportunities to sell their wines. But, as Denys Hornabrook of VINEX said in an interview with industry newsletter Meninger’s International, “”Few Australian producers are taking the initiative to re-engage UK, and European buyers, which is very surprising . . . [and] China and Russia have been two of the world’s largest markets to soak up surplus supply. Both are now off the table.” In the case of China, it’s due to lower demand in a falling economy—not to mention a falling birth rate; in Russia it’s the sanctions over the war in Ukraine that have stopped exports cold.

          Competition is, of course, a good thing for the consumer, so that lower prices at wholesale and discounts at retail for a wide variety of wines now overflow the bins of wineshops and restaurants, which were already devastated by the Covid closings.

          But the main reason—and it’s one that’s going to be very difficult, if not impossible, to change—is that Gen Y and Z are drinking less wine than in the wine boom years of the 1980s and 1990s. And it’s not only Americans of those generation who have cut back in favor of beer, spirits, soft drinks and flavored seltzers. The French and Italians are, too. Wine consumption in France in the 1920s was an average of 136 liters per person—little of it of high quality—while today that average is only 40 liters. Even the Italians on average drink only 56 bottles per year per person, which is little more than a bottle a week.

          Of course, the boom years’ upward spiral could not be sustained or improved in numbers, and it has been a mantra of the industry that people are drinking “less but better wines.” Some of the most illustrious wines like Prémier Cru Bordeaux and Grand Cru Burgundies and so-called California “cult wines” will continue to sell every bottle they produce, which is, in many cases, limited by regulations. But that category is minuscule compared with those who drink wine even occasionally.

          U.S. data from IWSR indicates a bounce-back of consumption since the low point at end of Covid in 2021, with 4 million more drinkers consuming wine in 2022. Yet, at the same time, overall wine consumption dropped 2% last year. The decline has been most precipitous in the Gen Z population. In 2015, 40% of those in that population drank wine, though only once a month. In 2021 only 25% did.

          So, the good news for those of us who love wine is very positive, with more choice and lower prices, but for the industry, which like all agriculture depends as much on weather as it does on supply and demand, the news is troubling. Decreasing production can mean destroying acreage or pouring wine into the Lake of Alcohol, and without a increase in demand, higher prices cannot be charged, despite the higher costs inherent to the industry. But to somehow create a sea change in a worldwide population that does not share the thrill of discovery the baby boomers had forty years ago seems like an impossibility.

          Arguments for wine being a healthful beverage never gained traction, and in the modern world those who can afford to drink premium wines ($10-$15) do not indulge at a time when excessive drinking is socially unacceptable and DUI laws are stiffer than ever—notoriously so along the highways in Napa Valley thronged with tourists visiting tasting rooms.

          The hope that the vast populations of Asia would want to become wine drinkers was an empty dream built on the headlines of Chinese and Russian millionaires consuming oceans of the world’s finest wines and spirits. A crack-down by Xi Jinping on that class put the kibosh on any such ideas about imported wine trickling down to China’s 1.4 billion people.

          I am confident that there will be plenty of good wine for everyone for decades to come. The industry’s woes are wine lovers’ big win.

    2. Volkswagen plans to shut at least three factories in Germany, lay off tens of thousands of staff and shrink its remaining plants

       This was predicted when Germany announced they were moving to renewables.

       It’s hard to be competitive when your energy costs are sky high. Now VW and others will steadily move their factories offshore.

    3. For at least a few days, the manufacturing facilities at FCA’s large Detroit Assembly Complex—Jefferson will fall silent — due to low sales volumes. Stellantis notified workers of a temporary shutdown and subsequent layoffs today

       Yet when I look at prices on cars dot com, many dealers, from all makes, want you to pay MSRP or higher, even though their lots are bursting at the seams.

20. Flood-damaged cars hitting the market

    As Central Florida continues to recover from Hurricane Milton, the impact of this hurricane season could hurt anyone in the market for a new or used car. “These cars really could show up anywhere,” says Em Nguyen with CARFAX.

    A lot of them are already here in Florida. According to CARFAX, the Orlando area ranks 10th for the highest number of flooded out cars. Miami, Tampa and Fort Myers are also in the top 10. It’s also important to note, there is no Lemon Law for used cars in Florida.

    Nguyen says scammers target every corner of the country. They often attempt to sell damaged cars far from the original disaster zone because buyers are less likely to look for signs of water damage.

    “While they can make it look showroom fresh, it’s actually rotting from the inside out,” Nguyen says. “They try to sell to very unsuspecting buyers who may not realize these cars are really just ruined.”

    https://www.wftv.com/news/local/action-9-flood-damaged-cars-hitting-market/AJF2ZYJHXFABVCHFWDEF6FUZYM/

    1. Flood cars are almost never right again.

21. Why Used Tesla Prices Are Tanking

    We’re talking about 25% price drops year-over-year in some cases. And what this all means depends on one’s place in the market. Massive depreciation is a gift to an EV’s second or third owner and a migraine for its first.

    The situation is far more complicated than “people just don’t want EVs,” which is the faulty premise underlying some coverage. And while depreciation is leveling off, there’s one big reason that it could get a lot worse before it does.

    “We’re not setting ourselves up to counter the drop in EV used car values,” Karl Brauer, executive analyst at the car-buying website iSeeCars, told InsideEVs. “We’re setting ourselves up to exacerbate it.”

    Experts say Tesla is largely responsible for the sinking values. “The biggest single factor can be summed up in two words, and that’s Elon Musk,” Brauer said.

    Tesla slashed prices for the Model S, Model X, Model Y and Model 3 throughout 2023.

    At its peak in 2022, Tesla’s popular Model Y cost around $67,000 for the Long Range AWD variant. Today, that exact crossover costs $48,000.

    Virtually overnight, all Teslas were worth less. That not only left customers royally pissed off, but it also had profound ripple effects across the entire EV market. Since Teslas account for about half of America’s EV sales, the price cuts also depressed what dealers could charge for battery-powered Fords, Kias and Toyotas.

    https://www.msn.com/en-ie/money/other/why-used-tesla-prices-are-tanking/ar-AA1t4mWm

    1. “At its peak in 2022, Tesla’s popular Model Y cost around $67,000 for the Long Range AWD variant. Today, that exact crossover costs $48,000. Virtually overnight, all Teslas were worth less.”

       That’s terrible. Powell and Yellen should build a floor under Tesla prices because their customers are moral paragons who are helping to save the planet.

22. Ford cuts 2024 earnings guidance due to warranty costs and slow pace of cost cutting

    Stubbornly high warranty expenses and lagging cost-cutting efforts are holding back Ford Motor Co.’s profits this year, causing the company to lower its full-year earnings guidance.

    That pushed the company’s stock price down 6% in trading after Monday’s closing bell.

    The Dearborn, Michigan, automaker, which reported third-quarter earnings Monday, said its net profit tumbled nearly 26% as it took $1 billion in accounting charges to write down assets for a canceled three-row electric SUV.

    https://www.msn.com/en-us/money/companies/ford-quarterly-profit-drops-almost-26-due-to-1b-write-offs-for-canceled-electric-suv/ar-AA1t5wNY

23. Electric boating insiders react to Pure Watercraft’s demise as court documents reveal sell-off details

    More than three months into the process of liquidating the assets of Seattle-based electric boat company Pure Watercraft, the firm in charge of that effort is seeking buyers for a variety of materials and parts of the business. But as the high-profile startup sinks, electric boating backers and executives remain enthusiastic about the market as a whole.

    Founded in 2011, Pure Watercraft raised $37 million and attracted backing from General Motors, which acquired a 25% stake in the company in November 2021 in a cash and payment-in-kind stake that cost the automaker $150 million.

    Even with a major investment and the launch of a Pure Pontoon boat meant to disrupt the $44 billion global leisure boating industry, the company ran into financial troubles and was placed into receivership on July 19. The legally appointed trustee for Pure’s assets is Bellevue, Wash.-based Turnford Consulting.

    Documents filed in King County Superior Court this month (see below) detail Turnford’s efforts to liquidate millions of dollars worth of assets — everything from boat parts and lithium battery cells to service vans — to satisfy creditors and address liabilities.

    Jon Roskill, a Microsoft vet who is also the former CEO of business technology company Acumatica, sits on the board of Swedish e-boat company X Shore. He said he liked the position Pure carved out for themselves going after the electric pontoon segment. But he said bankruptcies, including among car companies, point to an EV industry that got ahead of itself a bit.

    “Any companies going bankrupt right now is more a factor of believing in an unrealistic ramp and creating a cost structure that the fundraising couldn’t sustain,” Roskill said.

    https://www.msn.com/en-us/money/companies/electric-boating-insiders-react-to-pure-watercraft-s-demise-as-court-documents-reveal-sell-off-details/ar-AA1t4Yid

    1. A boat loaded up with batteries sounds like a great idea /s

       1. A German U-boat was loaded with lead-acid batteries, and sea water didn’t mix well if the hull was breached.

    2. a cost structure that the fundraising couldn’t sustain,”

       Running out of OPM. It’s not a business. It’s a scam.

24. Windsor Mill woman sentenced for COVID loan fraud

    Tomeka Glenn, 47, was sentenced to 65 months imprisonment and three years of supervised release in connection with her conviction for conspiracy to commit wire fraud relating to the submission of millions of dollars in fraudulent COVID-19 CARES Act Paycheck Protection Program and Economic Injury Disaster Loan applications. Glenn must also pay over $3 million in restitution.

    According to Glenn’s plea agreement, she prepared and submitted loan applications featuring numerous pieces of false information, including but not limited to monthly payroll costs, bank statements, and tax forms.

    Glenn admitted to receiving kickback payments from small business owners in exchange for her assistance in submitting the fraudulent forms. Those payments totaled over $400,000.

    Glenn also received hundreds of thousands of dollars through other fraudulent activities relating to the COVID loan assistance program.

    Glenn used the fraudulently obtained funds to pay for a vacation to Jamaica, purchase a new car, and buy various luxury items, including jewelry, Dior, Gucci, and more.

    At the time of the scheme, Glenn had no legitimate source of income, officials said.

    https://www.msn.com/en-us/news/crime/windsor-mill-woman-sentenced-for-covid-loan-fraud/ar-AA1t5Ux6

    1. I know I should be completely numb to this by now, but it just pi$$es me off to no end.

       1. Tomeka was probably counting on the race card to keep her out of jail.

25. People opt out of organ donation programs after reports of a man mistakenly declared dead

    Transplant experts are seeing a spike in people revoking organ donor registrations, their confidence shaken by reports that organs were nearly retrieved from a Kentucky man mistakenly declared dead.

    It happened in 2021 and while details are murky surgery was avoided and the man is still alive. But donor registries in the U.S. and even across the Atlantic are being impacted after the case was publicized recently. A drop in donations could cost the lives of people awaiting a transplant.

    “Organ donation is based on public trust,” said Dorrie Dils, president of the Association of Organ Procurement Organizations, or OPOs. When eroded, “it takes years to regain.”

    The 2021 case first came to light in a congressional hearing last month, with unconfirmed details in later media reports – allegations that a man who’d been declared dead days earlier woke up on the way to the operating room for organ-donation surgery and that there was initial reluctance to realize it.

    https://www.msn.com/en-us/health/other/people-opt-out-of-organ-donation-programs-after-reports-of-a-man-mistakenly-declared-dead/ar-AA1t58Co

    1. The whole organ donor thing is a scam. The ONLY person who doesn’t get paid is the donor themself. Everyone else, esp the hospitals and doctors all get paid.

       1. Dead people don’t negotiate well.

    2. Association of Organ Procurement Organizations, or OPOs

       Doing Business As OOPS

26. Police searching for LI scam artist who ‘rented’ foreclosed apartment to multiple people

    CORAM, N.Y. (1010 WINS) — A 26-year-old mother was thrilled to be getting a place of her own, an apartment in Coram she would have shared with her 5-year-old daughter. But instead of moving in, she is now raising awareness about a vicious Long Island scam that robbed her of her life savings.

    “He showed me the house, the laundry, the dishwasher. So I was getting excited,” the Long Island woman, who was planning to move out of her parents’ house, told 1010 WINS.

    She then paid the man $6,000 in cash for what she thought were fees associated with renting the space.

    “He made me look like everything was real, he gave me the paper and the key,” she explained.

    But when the woman went to clean the apartment and prepare for move-in, other people started coming in, claiming they also rented the apartment.

    “I’m like, ‘No, I’m gonna rent this apartment.’ They’re like, ‘No, I’m gonna be here,’” she recounted. “So we were arguing back and forth. After that I was like, oh my God, this is so weird.”

    They all had been the victim of a scam. The apartment, which the woman and others found on social media, was in a foreclosed house owned by the bank.

    The 26-year-old victim decided to share her story to prevent others from getting cheated. “My best advice is to not believe everything on social media,” she said.

    https://www.msn.com/en-us/news/crime/police-searching-for-li-scam-artist-who-rented-foreclosed-apartment-to-multiple-people-he-made-me-look-like-everything-was-real/ar-AA1t5KiC

27. ‘Time to clear the air’: Some Liberal MPs want secret ballot vote on Trudeau’s leadership

    Former cabinet minister and long-time Liberal MP Helena Jaczek is joining the growing number of caucus members calling for a secret ballot vote to decide whether Prime Minister Justin Trudeau should step down as leader of the party.

    “I’m very much in favour of a secret ballot,” Jaczek told CTV News Channel host Vassy Kapelos in an interview Monday. “I think it’s time that we clear the air.”

    Pressure has been mounting for weeks for Trudeau to step down as party leader, culminating in a longer-than-usual caucus meeting last Wednesday, during which many MPs gave the prime minister a deadline — today — to reflect on his political future.

    Asked about Trudeau’s adamance after less than a day of reflection that he will not step down, Jaczek said those statements wouldn’t necessarily preclude further reflection. But when asked whether she believes that reflection is actually occurring, she wasn’t sure. “Honestly, I have no idea.

    “I would hope that he is considering what he heard from his caucus, from a number of people in his caucus, I think that is significant,” Jaczek told Kapelos. “Our duty is to report to the prime minister what is going on in our constituencies, and a number of people shared that information.”

    “A secret ballot would put this to rest,” said Ontario Liberal MP Sameer Zuberi. “We need to have finality to this. I think that would help us as a party to move beyond this.”

    https://www.ctvnews.ca/politics/time-to-clear-the-air-some-liberal-mps-want-secret-ballot-vote-on-trudeau-s-leadership-1.7089811

28. On immigration, the Canadian economy needs less quantity, more quality

    In the past 30 months, the number of immigrants in Canada grew by more than 2.7 million. That’s more than the number of people living in the Atlantic provinces. It’s the population of Saskatchewan and Manitoba, combined. It’s more than the number of people who became permanent residents in the nine years of Stephen Harper’s government, or the decade that Jean Chrétien was prime minister.

    And it’s all water under the bridge. Prime Minister Justin Trudeau’s government has gone from enthusiastically embracing an open border for visa students and notionally temporary workers – that’s what most of the 2.7 million are – to promising the opposite, namely a negative immigration rate for the next two years. Hundreds of thousands of temporary residents will continue to arrive in 2025 and 2026, but a larger flow is supposed to go in the other direction.

    The longer-term challenge the Trudeau government has created comes from the record number of people it allowed into the country on temporary permits, but who won’t ever get permanent residency. Taylor Swift’s tour managers don’t let hundreds of thousands of people into a stadium and then ask those without tickets to leave, but that’s basically what Ottawa did.

    https://www.theglobeandmail.com/business/commentary/article-on-immigration-the-canadian-economy-needs-less-quantity-more-quality/

    1. On immigration, the Canadian economy needs less quantity, more quality

       But I was told by my betters that they were all astronauts, engineers and doctors!

       Taylor Swift’s tour managers don’t let hundreds of thousands of people into a stadium and then ask those without tickets to leave, but that’s basically what Ottawa The West did.

       It sure says something when it’s far easier to cross a border illegally than to get into a concert/ball game/etc. without a ticket.

    2. promising the opposite

       Subject to change without notice.

       1. Are people really falling for these empty promises?

          “We’ve been harming you and your family for almost ten years now, but we’ve seen the error of our ways and promise to change.”

          Is anyone who has been harmed by the Liberal’s policies buying these bogus promises? Then again, Harris is doing the same thing, promising to help the middle class* and claiming she is a capitalist.

          * I’m gonna guess that only DEI’s will benefit, as she will “grow” the middle class via more government hiring.

29. EDITORIAL: Liberals care about their problems, not ours

    While Prime Minister Justin Trudeau and the Liberals might not believe it, there are more important issues facing Canadians than their endless fretting over their day-to-day survival as the government.

    Food Banks Canada reported Monday there were more than two million visits to food banks in March, almost double the number in March 2019 — the year before the pandemic hit — and 6% higher than last year’s record-breaking figure.

    One of the major causes of soaring food bank use is the high cost of housing, with the Trudeau government finally admitting last week that its high-intake immigration policy has contributed to soaring housing costs.

    So, the Liberals finally lowered their future targets last week, having for years accused Canadians of being racists who were making exactly the same argument as they are now.

    It’s just one example of why Trudeau and the Liberals are out of gas and out of time.

    https://www.msn.com/en-ca/money/topstories/editorial-liberals-care-about-their-problems-not-ours/ar-AA1t5Emx

    1. And it only took ten years for Canucks to figure out they were getting sh@fted. Better late than never , I suppose. I just hope that once the conservatives right the ship that Canadians won’t vote the Liberal party back into power.

30. Sharron Davies warns free speech is under attack: ‘Cancel culture is a plague’

    Olympic silver medallist Sharron Davies spoke out about the threat to free speech warning restricting free speech is a threat to democracy.

    Speaking on X, Davies explained how people have lost their faith in “independent” mainstream media who seem to “have their own agendas”.

    She continued: “Free Speech, debate, agreeing to disagree without violence is what keeps democracies safe. And democracy is the best of the worst solutions out there. It stops censorship & holds tyrannical governments to task.

    “People have become intimidated to speak unless it’s in a virtue signally way.”

    https://www.msn.com/en-gb/news/other/sharron-davies-warns-free-speech-is-under-attack-cancel-culture-is-a-plague/ar-AA1t4GhB

31. Wisconsin Bank Failure?! Noooo that CAN’T BE TRUE ?!?
    during the VP debate Tim Walz yammered on & on about
    “Wisconsin this, Wisconsin that . . . back in Wisconsin we did it this way . . . Wisconsin done it thataway . . . Wisconsin Wisconsin”
    blah blah ad nauseam, as if ‘effing Wisconsin is/was some great undiscovered paragon of Americana virtue.

    after awhile I got the feeling that he was there not so much as a serious VP candidate but a WI. salesman.
    yeah, sure, be proud of your roots but JFC after mentioning it 50 times give it a REST already!!

    * as irritating as the NY transplants to the South forever bragging about “Up NORTH we did it THIS WAY!”

32. If You’re Being Fatalistic or Panicking, You Are Helping Donald Trump

    The psychological differences between liberals and conservatives are an important and underexamined aspect of politics. Never are they more transparently on display than at election time, and I would submit to you that if Kamala Harris ends up losing this race, the tendency I’m seeing on display among liberals may actually bear some part of the blame for the loss.

    To put it simply, liberals tend toward fatalism and panic; the label often employed is “bedwetters.” Did you see those new anti-trans ads? She’s doomed. Oh my God, did you see what Nate Silver just said? It’s over. Yikes, the polls in Pennsylvania just shifted seven-tenths of a point in Trump’s favor, this is a nightmare. Oh dear, the Nevada early vote totals are a disaster. And on and on and on and on: Liberals look for things to panic about. Everywhere you look, liberals are finding a reason to white-knuckle their way through these final hours.

    Conservatives, on the other hand, tend to do the opposite. They look for things to feel confident about. Hey, check out Polymarket today—our guy is cruising. Look at the new Insider Advantage polls; looking good. Harris bombed in that CNN town hall. She’s a joke. This thing is over, over, over.

    I think there’s something else going on that is specific to elections, which is that many liberals have, whether consciously or not, absorbed the lesson from the media that they don’t really represent or speak for America, while conservatives are serenely confident that they do represent and speak for America.

    https://www.msn.com/en-us/news/opinion/if-you-re-being-fatalistic-or-panicking-you-are-helping-donald-trump/ar-AA1t3wdO

    1. The psychological differences between liberals and conservatives are an important and underexamined aspect of politics.

       It is common knowledge that liberals are mentally ill.

       1. Bed wetters for sure. Bed sh.itters as well. Filth

          1. The clinical term for this is Nocturnal Encopresis.

             See also: Amber Heard.

             1. No rimming for Amber. Sorry love!

       2. Permanent victims in their own minds.

33. L.A. Times, Washington Post see subscription cancellations over not endorsing in presidential race

    The Los Angeles Times and Washington Post have seen significant subscription cancellations in the days since their billionaire owners decided not to endorse in the presidential race after the editorial boards at both newspapers proposed backing Vice President Kamala Harris.

    National Public Radio reported that the Post saw more than 200,000 cancellations. Sources said The Times, which has less than 400,000 subscribers, had more than 7,000 subscribers cancel for “editorial reasons.” Total cancellations over the last few days were higher, but internal data did not give reasons in those cases.

    Those losses amounted to about 8% of the roughly 2.5 million print and online readership of the Post and at least 1.8% of the audience for The Times. Any subscription drops are painful for financially shaky organizations whose futures rely heavily on building robust audiences online.

    The Post suffered its particularly large setback, insiders said, because it built much of its reputation on being an unflinching Trump critic, adopting the slogan “Democracy Dies in Darkness.” Many readers said they subscribed because the paper that exposed the Watergate scandal 50 years ago also held Trump accountable for his lies, his inflammatory and sometimes racist rhetoric and his attacks on institutions.

    “This is a self-inflicted wound on the part of the Washington Post,” Martin Baron, former editor of the Post, said in an interview Monday. “Many of these readers signed up for the Post because they believed it would stand up to Donald Trump. And now they fear this is a sign of weakness … and an invitation to Trump to continue to bully the owner of the Washington Post.”

    The angry reaction prompted an extraordinary response from the newspaper’s owner, Amazon founder Jeff Bezos.

    The Post published a column by the billionaire, one of the world’s wealthiest men, in which he defended his decision not to endorse Harris, saying that the tradition of presidential endorsements had not helped the public but, instead, served to “create a perception of bias. A perception of non-independence.”

    He depicted the decision not to endorse in the Harris-Trump race as an attempt to begin to restore trust.

    “I wish we had made the change earlier than we did, in a moment further from the election and the emotions around it,” Bezos wrote. “That was inadequate planning, and not some intentional strategy.”

    https://www.msn.com/en-us/news/politics/la-times-washington-post-see-subscription-cancellations-over-not-endorsing-in-presidential-race/ar-AA1t6JfL

34. When we moved out of Colorado (northern front range) in 2020, we looked at Cheyenne.

    The prices were just as high as Colorado for the equivalent house/land but
    the weather is WAY worse. 10 to 15deg colder, way more snow, ENDLESS wind and Cheyenne is set up very strange. nice house, nice house, avg house, 8 plex, duplex, nice house. yuck. Did i mention the wind?

    For the same money, what’s the point?
    We didn’t like Cheyenne and we didn’t move there.

    1. Yeah I drove through there in the early summer of 2001. Once I figured out those huge wooden fences along the highways were for snow I knew it was not for me.

       1. same general purpose as the miles of large, towering trees growing alongside CA 99 & I-5 freeways as windbreaks in the middle of nothingness.

    2. I’ve looked at Cheyenne and housing is cheaper than in my little burg. But the weather is a big turn off, especially the wind. The weird zoning is also a turn off, but that can be circumvented.

       On the plus side, Wyoming has no state income tax.

    3. “…the weather is WAY worse. 10 to 15deg colder…”

       A leaf blower clears snow there.

       1. In the winter, yes. In the spring, no.

35. Revenge Of The Big Apple Conservatives: Trump Rally Speakers Rant About How New York Has Been Ruined

    Most of the speakers at former President Donald Trump’s Madison Square Garden rally on Sunday trained their fire on Vice President Kamala Harris and the various national issues they see as her weak points.

    But among the handful of colorful New York City-area speakers, there was a strong undercurrent of outer-borough reactionary rage about the city’s decline — due to an uptick in crime, or some vaguer grievance that could easily be interpreted as nostalgia for a time when the city’s political elite looked and sounded a bit more like the angry voices on talk radio shows.

    Leading the pack, sure enough, was Sid Rosenberg, conservative host of 77 WABC’s morning drive-time show “Sid and Friends.”

    “Look at my city: Yes, this building is beautiful. You’re all beautiful. Look at you!” he declared in his raspy voice. “But you can’t walk outside past about 10 o’clock at night here if you’re a pretty woman like my beautiful wife, Danielle, out there somewhere. You get punched across the face just for walking down the street!”

    “Who did that? Bill de Blasio, Eric Adams — shitty Democrat mayors. Andrew Cuomo, Kathy Hochul — shitty Democrat governors,” he continued. “You got homeless and veterans — Americans, Americans — sleeping in their own feces on a bench in Central Park, but the fuckin’ illegals get whatever they want!”

    Steve Witkoff, a real-estate investor, was more cryptic in his remarks panning the state of the city in which he was speaking.

    “This city shaped who I am, helped me build my business, and gave me my roots. But I’ll tell you, this is not the New York I grew up in,” Witkoff said. “Our city has drifted away from what it once was, but if there is one man who can restore it to its greatness, it is my dear friend, President Donald J. Trump.”

    “As the mayor, you know that I reduced crime more than any mayor in history,” Giuliani boasted, prompting loud applause from the crowd. “I improved the quality of life in the five boroughs. I lowered taxes. It was the biggest tax reduction in New York history — not like Donald Trump’s tax reduction, not as big. You know why it was the biggest? It was the only one” in city history.

    Giuliani’s nostalgia for his two terms as mayor extended to the New York Yankees’ victories in four Major League Baseball world championships, which he jokingly took credit for, and used as a jumping-off point to ding his successors. In the World Series currently underway, the Yankees trail the Los Angeles Dodgers two games to none.

    “You think they need my help now? What the heck does Adams know about baseball? And de Blasio’s so stupid, he doesn’t know about anything,” Giuliani said.

    Giuliani’s remarks were a hit with Phillip Kraese, a union steamfitter from Huntington, New York, and his friend Kristin Uvaydov, a registered nurse from Massapequa — both towns on Long Island. Kraese said he notices a greater number of unhoused people and panhandlers than he used to when he arrives at Penn Station for early morning construction jobs.

    “It’s gotten so much worse and that’s why the whole crowd went really crazy when Rudy Giuliani came out,” Uvaydov said. “He cleaned up the city,” Kraese interjected, prompting Uvaydov to repeat the assessment verbatim.

    For his part, Trump has long pointed to urban crime rates as a reason to vote for him, especially for the people of color often most affected by crime in their neighborhoods. “New York has gone to hell. Vote Trump!” he posted on social media in October 2020.

    https://www.yahoo.com/news/revenge-big-apple-conservatives-trump-113940224.html

36. Trump’s deportation plans worry families with relatives in US illegally

    Trump’s plans for a crackdown have motivated some mixed-status families to speak out. America’s success depends on the contributions of immigrants, they argue, and the people doing this work deserve a pathway to legal residency or citizenship.

    Others choose to be silent, hoping to evade attention. And there are some who support Trump, even though they themselves could become targets for deportation.

    Living in a mixed-status family is inherently precarious, as immigration policies and political rhetoric have ripple effects for U.S. citizens and legal residents, said Heide Castañeda, a professor of anthropology at the University of South Florida.

    Erika Andriola, 37, a longtime advocate for immigrants in Arizona, witnessed her mother and brother being detained by immigration agents in 2013. She waged a successful campaign that led to their release, but she now suffers from PTSD and separation anxiety as a result of that day.

    Still, there are people living in the country illegally who do support Trump, said Castañeda, the university professor. Even Andriola says she has family members who do.

    “They’re not necessarily thinking about what can happen to people like my mom,” Andriola said, “but they’re thinking about their own lives and what they think is best for them.”

    https://www.nbcbayarea.com/news/national-international/trumps-deportation-plans-worry-families-with-relatives-in-us-illegally/3692554/

    1. A relative of mine was trying to organize a parish trip to the Holy Land a few years ago. When he approached the Hispanic parishioners he was shocked to find out that they were basically all illegals and thus could not go on the trip, as they would not be able to re-enter the US, at least not at the airport.

       He was surprised because most of these people had nice homes and late model cars, which was not his stereotype for illegals.

       1. Sorry, they have to go back. Legal immigration. Not hard

          1. Agreed. I just doubt there will be the political will power to deport the long entrenched, many who have adult US born kids. It will be easier to develop consensus to deport the recent invaders, and once that is done I suspect the government will claim victory and call it a day.

37. ENOUGH IS ENOUGH! WE NEED CHANGE! #housingcrisis

    OwlMortgage

    3 hours ago

    The federal government has been promoting various policy changes aimed at addressing affordability in housing, but the reality is that these efforts are falling short. Instead of providing real solutions, they are creating a new class of debt slaves. We must demand better from our policymakers. It’s time for comprehensive solutions that truly tackle the housing crisis and relieve the financial burden on families.

    https://www.youtube.com/watch?v=PVdYZevZle0

    5:17. K-da.

    1. Shut up, just shut up.

       You had me at the Stooges T-shirt, you had me at the Stooges T-shirt.

       1. The Three Stooges. Not the Stooges from Michigan, with Iggy Pop on vocals.

    2. 28 Comments

       @TheWhiteAfghan

       3 hours ago (edited)

       You will own nothing, and they will be happy..

       Reply

       1. I will own some things. A GC wants to sell me a generator, and I want it, but it’s too heavy to lift by myself, and I have nowhere to store it.

38. From article:
    “Los Angeles ‘mansion tax’ affected the market? ‘The tax is horrible. It’s punitive, very all-or-nothing, and it’s totally chilled the market. With interest rates, it’s been a double whammy. We also don’t talk about all of the people affected by this. Public schools are funded by property taxes, so less turnover means less money for schools.”

    How does real estate turnovers affect property taxes, i.e. schools?

    1. Maybe the Real Estate Transfer Tax. The new “mansion tax” I think goes to the homeless (and their herders).

    2. Prop 13 caps property tax growth to 2% per year. This is why two identical houses next door to each other can have VERY different property tax bills, as in orders of magnitude different.

       But if a property changes hands, then the property tax is reset to the current property value. Clownifornia depends on properties changing hands.

       1. “…then the property tax is reset to the current property value….”

          This scheme is really a form of confiscation of personal property.

          1. What’s funny about that is 19 years ago trolls would crow about how great that set up is. Not so much now.

             1. My parent’s old house (they have both passed away) in Orange County has a current tax bill (per zillow) of about $1,500. If it changes hands the new bill would be about $13,000

                This is a very ordinary, 60 year old house with a potential $1100 a month tax bill. Who knows how much it costs to insure it.

    3. California’s Prop 13. It’s valued at what they bought it at and can only go up so much a year. (way less than ti’s gone up). so people who have lived in a home for 30 years it might be assessed (for tax purposes) at 100k but it’s gonna sell for 2.2 million and get revalued at that new value. That’s a big jump in property taxes.

39. Response to video up above posted by People Are Stupid.

    Tape shows Klaus Schwab bragging about infiltration of Gobal Governments by his private party Cult of 350 Mega Monopolies and Rich Elites.
    Just infiltrate the Governments and partner with them on a One World Order Dictorship.
    Get the puppet Governments to transfer power to UN/WHO by Treaty to dictate Global policies that supercedes Soverign States ,goverments, constitutional protections, and rule of law.
    Use fraudulent narratives of global emergencies like Climate Change Doomsday and manufactured global panademics to justify warfare launched against billions of people.
    You will own nothing, eat bugs, mandated vaccines, 24/7 surveillance, Banks controlling your consumption.
    The Monopoly model to destroy all competition until they control or own all the marbles.

    Unbelievable power grab by a Cult of anti humanity, anti life psychopaths , parasite fraudster thieves , and genocidal monsters.

    1. That may be but that F-trudeau is currently going through an historic public humiliation prior to being tossed aside. The bug eaters are losing.

       1. Historic and well deserved.

40. CWBChicago
    @CWBChicago

    A North Side man who twice broke windows at Trump Tower, causing damage worth $145,000, told cops that seeing Donald Trump “makes him do it.”

    From cwbchicago.com
    8:02 AM · Oct 29, 2024
    ·
    https://x.com/CWBChicago/status/1851233134853177628

41. Who gets your vote, Rosemary one, two, three, four or five?

    Edison Lighthouse- Love Grows (Where My Rosemary Goes)

    https://youtu.be/sL7qxlEtrCc?si=36SVY0uU_Ws7D4-B

42. ‘Dec. 31, but for condo residents like Darlene VanRiper, that is not enough time. VanRiper helped start the ‘Treasure Coast Condo Alliance,’ a group focused on developing alternatives for these inspections and how to pay for them. ‘Zero-interest loans aren’t going to help you if you can’t even pay back the principal’

    Darlene has indicated yet again that the winnahs! are really broke a$$ losers.

43. ‘Creach is a loan officer at Wesson Group’s Cross Country Mortgage who covers Marco Island, Naples and Bonita Springs. ‘The biggest issue here is a lot of condos have deferred maintenance from the storms,’ Creach said. Creach said he hasn’t been able to write a loan for condos at Riverside Club since before Irma. ‘They had issues for a while, and that was just due to Irma damage’

    Thanks you Marc fer today’s contribution to HBB Pitfalls of Commie Urban Living™. If you got bad apples you all get schlonged.

44. ‘It only takes one to really kind of ruin your day, literally, and night,’ John Washington, Scottsdale, said. Crime is also a concern. Homeowners say in the past few years, neighbors have called police to report theft, escorts, and illegal drug use at some of the short-term rentals. ‘You don’t feel safe, because you just don’t know who these people are’

    John, Meg, it’s still way cheaper than renting. I say that knowing that you paid a sh$tload of borrowed money fer yer shacks.

45. ‘The median sales price for September 2024 was $393,000 compared to the median sales price of September 2023, which was $427,000, which indicates a negative 7.96% change’

    It’s a good thing everybody put 20% down Rhonda!

46. ‘‘There’s a two-story, four-unit ADU two houses down on that street. It used to bother me, but I can’t see it anymore because of this. There’s one being built behind the neighbors. It’s got to stop,’ homeowner Phillip Gibbins said. He says he worked hard to achieve his piece of the American Dream but that it’s not as attractive with large units emerging nearby. ‘A flipper bought it and remodeled it. The person that bought it immediately turned the living room into a bedroom, the garage into a bedroom, over the last few years, and this just started August 28th’

    You can paint the walls any color you want Phil, that’s what I call a winnah!

47. ‘Cugliari Allegritti told the Sun there is a ‘standstill’ across parts of Canada’s housing market, as interest rates impact buyer and seller activity. ‘In cities like Toronto and Vancouver, which are some of the country’s most expensive markets, buyers are holding off, waiting for expected interest rate cuts from the Bank of Canada,’ she said. ‘We have this buyer mentality of trying to, quote, unquote, time the market’… On the rental side, Allegritti highlighted that the recent decline in international student numbers has softened demand, especially in Ontario’s university towns. She attributed the increase in rental inventory and price moderation partly to the impact of ‘mom-and-pop’ landlords facing negative cash flows due to lower demand. The reduction in international students is ‘not the only reason,’ she explained, ‘but it’s certainly contributed’ to these trends in the rental market’

    Yer right Anne-Elise, rents were falling before you got F-trudaued and now these strip mall students are getting the door slammed in their faces.

48. ‘McClurg was excited when she purchased her Punt Road home in 2007. She believed she had just secured a slice of prime, inner-city real estate. ‘The location is like nothing else. It’s so central,’ Ms McClurg told 7.30. That was until she was told by her broker that her newly acquired property in South Yarra sat under one of Australia’s longest-running public acquisition overlays. ‘I was like, ‘what are you talking about?’ she said. ‘Then he explained about how there was an overlay on the property, which meant VicRoads can come and purchase the property, and therefore you’ve paid too much money. It really shocked me that something so significant could be hidden’

    Yer sh$thole is second only to K-da fer institutionalized RE crooks Michelle. That’s only because almost nobody lives in K-da.

    1. Oz and Canada are similar in many ways:
       -Low population
       -Large swaths of uninhabitable land
       -Have the King on their pesos
       -Lots of immigration
       -Parliamentary governments
       -Have massive housing bubbles
       -Are ruled by crooks

       The main difference is one is a desert, the other is an ice cube

       1. the other is an ice cube

          I’ve worn shorts and a T-shirt there. Hard to believe, but true.

          1. That must have been during the summer month.

          2. “I’ve worn shorts and a T-shirt there.”

             You could do that in Alaska and the Yukon in summer, but the mosquitos would suck you dry. Been there, done that.

             1. Avoid the forest in the summer. It’s for winter hunting.

49. ‘Since hitting an all-time high in September 2021, home prices have retreated by about 28 per cent. ‘The sales volume is improving, but prices are not,’ said Derek Chan, head of research at Ricacorp Properties. ‘As developers maintain their strategy of opening at low prices due to high unsold stock, this hinders the rebound of second-hand home prices’

    Yer so right Derek, they made so much money off these suckers they can undercut them forever.

50. [Currency futures. They all suck except the U.S Dollar.]

    https://finviz.com/futures_charts.ashx?t=CURRENCIES&p=d

51. The Most Important Tucker Carlson Speech Ever Given | An Entire Arena Left SILENT

    Benny Johnson

    20 hours ago

    Tucker never disappoints!

    https://www.youtube.com/watch?v=5nJGyKE6h4I

    11:25.

    1. Kamala kissed her husband while wearing a mask. Willie Brown was treated better than that.

52. Residents of landslide-stricken city in California offered $42M in buyout program.

    https://www.yahoo.com/news/residents-landslide-stricken-city-california-192232578.html

    RANCHO PALOS VERDES, Calif. (AP) — Homeowners on a Southern California peninsula where worsening landslides have damaged homes and led to utility shutoffs are eligible for a $42 million voluntary buyout program offered by state and federal officials.

    The program was announced Monday night during a special town hall meeting for Rancho Palos Verdes residents plagued by shifting land on their properties. The money will come from the Federal Emergency Management Agency, or FEMA, and the California Governor’s Office of Emergency Services.

    “This buyout program provides a viable pathway forward for our most vulnerable community members, offering the opportunity to relocate and rebuild with meaningful compensation,” said Rancho Palos Verdes Mayor John Cruikshank.

    More than 250 homes in the city south of Los Angeles have been affected by land movement and utility shutoffs over the past two years.

    Many residents have said they are facing costs of up to $100,000 as they scramble to fortify foundations, switch to off-grid solar energy and convert natural gas lines to propane.

    The FEMA funds were allocated after federal officials declared a disaster following wet winter storms in January and February that contributed to more landslides, KCAL-TV reported.

    The voluntary program is intended to help eligible homeowners relocate to safer areas by offering a fair market value for their homes based on pre-disaster appraisals. Properties acquired by the city through this program will be permanently converted to open space and deed-restricted, protecting the community from future redevelopment risks in these vulnerable areas, KCAL reported.

    The landslides are the latest catastrophe in California, already burdened by worsening wildfires and extreme weather that has swung from heat waves to torrential rains that have caused flooding and mudslides in the past year.

    In Rancho Palos Verdes, entire homes have collapsed or been torn apart. Walls have shifted and large fissures have appeared on the ground. Evacuation warnings are in effect, and swaths of the community have had their power and gas turned off. Others are contending with temporary water shutdowns to fix sewer lines.

    Nearly 70 years ago, the Portuguese Bend landslide in Rancho Palos Verdes was triggered with the construction of a road through the area, which sits atop an ancient landslide. It destroyed 140 homes at the time and the land has moved ever since.

    But the once slow-moving landslides began to rapidly accelerate after torrential rains drenched Southern California over the past two years. The land that once was sliding at an average of several inches per year is now moving between 9 to 12 inches (22.8 to 30.48 centimeters) weekly.

    Property owners interested in applying for the buyout program must request a voluntary property inspection from the city by Monday, Nov. 4 and submit a completed program application by Nov. 8. Properties will be prioritized for selection based on factors such as safety concerns, structural condition and utility statuses.

    [Here is a comment related to the article …]

    fedupwithliberals
    2 hours ago

    Do the math

    250 homes divided by 42 million gives each homeowner $168,000.

    The average price for a home in California exceeds that number significantly.

    The homeowners will get nothing as I’m sure they owe a mortgage.

    The banks are the ones who are getting the money.

    I guess that “priceless” view isn’t so priceless after all…

53. Twofer Tuesday.

    Rolling Stones — Flight 505:

    https://www.youtube.com/watch?v=EMFSjBWR5gM

    Rolling Stones — All Sold Out:

    https://www.youtube.com/watch?v=uIZhiBu2JLc

Comments are closed.