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You Chose To Buy A Home That You Can’t Afford

A report from the Atlanta Journal Consitution in Georgia. “The metro Atlanta housing market clicked into balance in July: Supply met demand and home prices stopped their rapid rise. About 12,300 homes were listed for sale last month. In the city of Atlanta, home prices are up 20% from a year ago, according to Bill Adams, president of Adams Realtors. But the change in price ranges from a decline of 3% in Candler Park to a leap of 36% in Inman Park, he said. The trend of higher prices is going to continue because there won’t be a large increase in homes listed for sale, he predicted.”

From Market Watch. “‘Although housing is expected to remain sturdy for some time, several key gauges are cooling as the pandemic-induced buying frenzy eases and elevated prices cut into affordability, particularly for first-time homebuyers,’ Priscilla Thiagamoorthy, an economist with BMO Capital Markets, wrote in a research note.”

The Chicago Tribune on Illinois. “Seneca Oaddams, 44, bought his two-flat in Roseland for $132,000 a little over two years ago. The property, which he purchased as an investment and rental property, now has an estimated worth of $250,000, according to Redfin. But having endured 17 months of the pandemic, Oaddams says it’s hard to hold on to the building. His tenant, whose rent covers approximately half of Oaddams’ monthly mortgage, lost her job at the start of the pandemic and hasn’t been able to keep up her payments.”

“‘I’m actually hopeful for the future,’ Oaddams said. ‘I’m hopeful that it’s going to get better. … It needs to get better. Who doesn’t want to own property? Why not be able to help someone as well and lessen the load on your pocket with a building, so it’s a win-win for the renter and the tenant? The problem is when the rent can’t get paid.'”

The Norwich Bulletin in Connecticut. “Mark Kulos, president of the Norwich Property Owner’s Association and a landlord with 27 units, said while there are ways today for landlords to evict people, most won’t try because a misstep under the federal moratorium can lead to heavy fines. Kulos said this affects ‘mom and pop landlords,’ who have day jobs and have an operation of 50 units or smaller, as the landlord still has to pay for mortgage, taxes and upkeep without making a profit. ‘(The landlords) are working their other jobs to pay their bills, especially if the tenants aren’t paying,’ he said.”

From CBS DFW in Texas. “Clint Cash owns a handful of rental properties in the Dallas-Fort Worth area, some of whom have tenants impacted by the pandemic. Cash and other rental property owners believe the eviction moratorium that the Centers for Disease Control and Prevention enacted last year has gone on for too long with an expanding job market making it easier for people to find work. Cash says he’s sympathetic to those who still can’t pay their bills, but he says the government has put landlords in a position where they can’t either.”

“‘There’s not enough profit in it for these mom and pops to continue and pay their own bills and so they will lose their houses and those houses will thus go to foreclosure,’ he said.”

The Steamboat Pilot in Colorado. “Before casting their votes, members listened to nearly two hours of public comment from dozens of residents, most of whom were short-term rental owners, property managers or property owners who spoke in favor of short-term rentals. Michelle Williams bought her home on Bear Creek Drive in 2018, with a plan to retire in the home one day. Williams said she and her family spent four months in the home in 2020 and supported the city’s economy during the COVID-19 pandemic.”

“To supplement the cost of owning the home until she can retire in it, Williams rents her home out to nightly renters when she is not living in it. ‘We spent an absurd amount of money downtown, as we dined out almost every night,’ Williams said. ‘We’re really good people, and we want to do the right thing and abide by rules and regulations set forth.'”

“Debby Spiker, a resident on Meadow Wood Court, said she understands many property owners need to cater to short-term renters to help pay for their homes, but that choice infringes on her quality of life. ‘I’m hearing a lot of self interest and financial ‘woe is me,’ Spiker said. ‘It’s not my fault that you chose to buy a home that you can’t afford without renting it out to carry the cost.'”

“Spiker said nightly renters have brought ‘destruction’ into her neighborhood — as nightly renters are often loud, do not pick up trash and may cause other issues in neighborhoods traditionally home to full-time families and working residents. ‘I get you want to monetize your home, but it affects me personally,’ Spiker said.”

The New York Post on California. “There is really nothing Kate Beckinsale can’t do, including sell her longtime Los Angeles home after only weeks on the market. The Brentwood property, which was listed on Aug. 2 for $3.995 million, is already in contract after it found a buyer on Aug. 20, The Post has learned. The English-born actress has enjoyed a 15-year run in the four-bedroom, five-bathroom pad she purchased for $3.595 million in 2006.”

“But this also means that she won’t be leaving with that much of a profit, considering renovation projects over the years and broker fees.”

This Post Has 143 Comments
  1. ‘The trend of higher prices is going to continue because there won’t be a large increase in homes listed for sale, he predicted’

    12,000 shacks in a month is a large increase Bill.

    1. Realtors are liars. If they appear in your neighborhood, duct tape them to the nearest tree, then spray them with a garden hose.

      1. ** ” . .duct tape them to nearest tree . . ”

        don’t forget to film it. a crowd would be even better, like that “Black Mirror” episode where creepy people whipped-out their cell phones like an army of walking dead paparazzi.

    2. NAR are liars too. As Jason Walter on YT pointed out yesterday, in their new July monthly report they conveniently omitted any month over month comments and switched to year over year – because it was down.

          1. Location location location? Realtors lie about local dirt like schools, NAR lies about the money part of it.

  2. ‘she won’t be leaving with that much of a profit’

    On a 2006 purchase, Kate takes an a$$ pounding.

    1. This is along the lines of red hotcakes but the clown “ibuyers” lose tremendous amounts of money quarter after quarter.

      1. The markets gonna suck us down.

        Take a deep breath when I say.

        Say we were duped and we are victims.

        Do not make any mortgage payments.

        Say we were Robo-signed and keep bitc#ing!

        We’re gonna make it Rose, trust me.

        I trust you!

        Ready?

        Ready?

        Now!

    2. Here are more pix of the Beckinsale house:
      https://www.zillow.com/homedetails/2445-Banyan-Dr-Los-Angeles-CA-90049/20559362_zpid/

      It’s actually a pretty cool house. I would call it a house for normal people, not one of those extravagant entertainment tombs. It’s got lots of sun and little balconies and lofts and nice-sized bedrooms that don’t feel like an airport. Oh, and a bridge from the primary suite to the hot tub. I can get on board with that.

      Kate’s worth only $25 million, so it’s a good price range for her. And she did get 15 years out of the house, unlike some of those celebrity flippers.

  3. ‘We spent an absurd amount of money downtown, as we dined out almost every night,’ Williams said. ‘We’re really good people, and we want to do the right thing’

    Now that’s some virtue signalling! Get a job Michelle. BTW, this article shows short term rentals are a dead end road. We already knew this from last decade. Remember all the craigslist drama? Huff and puff but eventually the bribes will run out and locals will kick em out.

    1. Short term rentals have destroyed all the formerly affordable ski towns in Colorado. These STR owners are the true parasite class.

      And all the ski towns are now progressive utopias, where people are either multi millionaires, or homeless, and the former love to whine about long waits at understaffed local businesses because nobody can afford to live there to serve their pampered, coddled, fat @sses.

      1. There is usually one article a month in the Colorado Sun about how the working class can’t afford to live in the ski towns, or even anywhere remotely close to them.

  4. ‘so it’s a win-win for the renter and the tenant? The problem is when the rent can’t get paid’

    ‘The episode is also known for the nonsensical business plan that the gnomes of the title devise (whose three steps consist of “Collect underpants”, “?”, “Profit”), which later became a common meme used to mock poorly-thought-out business and political strategies’

    https://en.wikipedia.org/wiki/Gnomes_(South_Park)

  5. Today is Thursday, August 26th and Joe Biden is not the legitimately elected president of the United States.

    The 2020 election was stolen.

    1. January 6th was only the beginning.

      Deep State globalists and other parasites like the Southern Poverty Law Center were never elected to govern anything.

      We are the leaderless resistance.

      1. We have a treasonous President in the White House , as a direct result of a criminally rigged election. Biden Administration acts on behalf of a insurrection against the US Citizens by a body of Private Party Entities and Global Monopolies that have taken over.
        They have taken the first amendment , and are censoring news for a one narrative fraud and deception of murderous harm and mass hypothesis ,using a Panademic medical fraud as a weapon of mass destruction.
        There isn’t anything about the response to Covid that was a legitimate response to the real facts about the contrived Panademic.
        They have managed to defraud the Public and the globe into a Medical Tyranny of epic harm and murder and destruction . Monopoly fake news with censorship to defraud the Public into submission .
        A new form of warfare of take over to usher in a Dictorship by a Innsurrection of One World Order Globlist Monopolies intent on take over of US and other Countries , in collusion with Foreign enemies.
        The evidence shows these self appointed Entities have been working on this scheme of take over for years , by a step by step corruption of Governments and agencies, and brainwashing in schools and fake news hypnosis of public by fraudent narratives and deception.
        Does it get any more obvious than the mandating of forced injections of untested vaccines that are fraudulently being marketed as safe and effective , when its just lab rat expierments by one of the biggest Monopolies being Big Pharmacy.
        The evidence points to a bio weapon creation of a virus , so Medical Tyranny would be the response to be used as Control and destruction of commerce and freedoms for a take over .
        The public can’t comply to this scheme of fraud and deception to take all freedoms for a dictorship by Nazi like psychopaths .
        No other conclusion can be drawn based on the entirety of acts by these forces that have colluded to take over this Constitional Republic.
        Extremely ambitious in it being a global attack, not just the US.

  6. Here in upstate SC ,a small landlord can still evict for non-payment , as long as the property is private owned ,with no federal ties at all….No section 8 ,no Federal loans involved …Also almost no one I know has bothered to try to get that rental money the feds are pushing ,just too many strings attached ,and the fed money trap would be sprung then, no evictions allowed then…Theres a price to pay for Fed help like that ,it’s better to just avoid it

  7. ‘I wish our leaders valued freedom over tyranny’: Decorated Iraq War veteran says Pentagon’s vaccine mandate is ‘deeply wrong’ after 800,000 service members were told to get jabbed or face court martial

    https://www.dailymail.co.uk/news/article-9928123/Iraq-War-veteran-says-tyrannical-Pentagons-vaccine-mandate-deeply-wrong.html

    A decorated Iraq War veteran has blasted the Pentagon’s newly-announced vaccine mandate as ‘tyrannical’ and ‘deeply wrong.’

    Rob Smith, 37, told DailyMail.com: ‘As someone who raised my right hand, wore the uniform, and served for five years including combat duty in Iraq, I think a vaccine mandate for soldiers is deeply wrong and an invasion on the civil liberties of Americans.’

    1. “Rob Smith, 37, told DailyMail.com: ‘As someone who raised my right hand, wore the uniform, and served for five years including combat duty in Iraq, I think a vaccine mandate for soldiers is deeply wrong and an invasion on the civil liberties of Americans.’”

      Yeah? Well you are going to get your shot. And you will like it.

      1. “…an invasion on the civil liberties of Americans.”

        The problem here is that once you raise your hand and take the oath your rights are limited to those extended by the Uniform Code of Military Justice.

  8. Soaring home prices are a hot-button political issue in South Korea, forcing the central bank to finally hike interest rates.

    South Korea hikes interest rates, the first developed economy to do so in pandemic era

    https://www.cnbc.com/2021/08/26/south-korea-hikes-interest-rates-the-first-developed-economy-to-do-so-in-pandemic-era.html

    South Korea’s central bank raised interest rates on Thursday in a decision that was expected as financial risks heat up despite the virus threat.

    The Bank of Korea raised its policy rate by 25 basis points to 0.75% for the first time in nearly three years, becoming the first developed economy to raise interest rates during the pandemic era.

    1. “While moderating the symptoms of infection, the jab allows vaccinated individuals to carry unusually high viral loads without becoming ill at first, potentially transforming them into presymptomatic superspreaders.”

      Happy 18 month anniversary of “15 days to flatten the curve!”

      1. This is no different than what I’ve said before.

        1. No traditional herd immunity. That is, we can’t depend on the people around us to not spread it to us. We’re all going to get it.
        2. If we’re all going to get it, we have some control over our symptoms. There are prophylactic protocols, including the symptom-reducing “vaccines,” and treatment protocols.
        3. Presumably, the end-point herd immunity will simply be everyone repeatedly spreading Delta to each other asymptomatically.
        4. Expect this to go on until a second-generation sterilizing vaccine comes along.

        1. oxide,
          As a alternative explanation, for instance you have Ireland Scientists and others complaining that they have never gotten proof positive of isolation of the original Covid under a microscope, let alone the variants. Just a bunch of computer simulated creations claimed to be the evidence.

          One has to question why inaccurate PCR tests were used to confirm Covid cases along with the testing of people who weren’t sick , calling them Covid cases. One has to question why the Hospitals were given hefty money incentives to pronounce every respiratory affliction Covid , again using the inaccurate PCR test.
          One has to be in shock by the suppression of meds that worked, for no treatment of Covid that resulted in thousands of preventable deaths.

          Yesterday a Doctor was saying that the actual death count for 2020 in US does not reflect a departure from the decade norms, except for 30 thousand excess deaths of increased suicide.
          The regular flu almost vanished from the face of the earth as to a death figure when usually 30 to 70 thousand deaths per year are regular flu deaths.

          You get censorship news for the constant fear monger of this Covid narrative , while a vast Scientist/ Doctor voice of dispute is silenced
          and slandered.

          Its possible that toxins could of been released here and there to fake a Panademic. Nobody thinks that the footage from China , designed to terrorize and make it look like they were covering up a accidental leak , is believable. . Than China going back into normal production in spite of having highly populated cities that strangely weren’t in need of lockdowns, like the rest of the globe, inspire of China being ground zero for the plague. China isn’t even doing mass vaccination . And strange no reports from Media on Chinas totally different response to Covid.
          The evidence of Fauci funding the gain of function in a foreign rival Nation, that ends up being the disease released. And he’s the US spokes person for the response to the created disease. Evidence of a pre planning of a Pandemic .

          Unjustified lockdowns based on a threat to a small percentage of the population. Vaccination of segment of population with no risk or low rist. A false theory of super spreaders with no symptoms based on fake PCR tests. Lockdowns destroying small business, while enriching big monopolies while they get relief packages from gov.
          No informed consent, with fraud news marketing that vaccines are safe and effective. Vaccine mandates with Private industry enforcement.
          I could go on and on about all that just doesn’t add up.
          So, more evidence points to this Panademic being contrived and faked for some kind of weapon of take over and warfare against the US Citizens

          Anything is possible as to why vaccinated people are getting sick. The variant theory could be entirely false. No doubt they want to eliminate the control group unvaccinated so they can weave any fraud they want about their lab rat expierments.
          The fact that highly vaccinated Countries like Israel where the vaccinated are getting sick by Covid, or by something. Some Countries with super low vax rates not having a problem .

          The evidence point more to a massive Fraud of a Panademic being used for take over purpose using medical tyranny as the means.

          So, when you say that everyone is going to Delta, its based on what they want you to believe .

          And I think historically people thought that if you got vaccinated this totally prevents getting the disease. But no now its you just get a lessor form of the disease, but you can still transmit the disease, but you will need constant booster shealth or

          The med treatment is cheaper and helps your body wage the war where you get long term immunity. Much better solution than ongoing shots with risk of adverse reactions.
          Nope, its all a narrative to obtain results that has nothing to do with public health.

          1. PCR tests were used to inflate “cases” to declare a pandemic as well as to instill fear to usher in the jabs. No need to overthink it.

        2. complaining that they have never gotten proof positive of isolation of the original Covid under a microscope

          To CCP: We know you were engaged in GoF research and developing bioweapons. Please hand over your work product.

        3. Expect this to go on until a second-generation sterilizing vaccine comes along.

          That would be a cure to the common cold, wouldn’t it? Your grasp of the narrative is awesome.

          1. Maybe. I got this idea from a Medcram youtube channel interview with Dr. Eric Topol. Dr. Topol was quietly raging that the scientists were concentrating on an injection vaccine instead of a nasal vaccine. A nasal vaccine would concentrate antibodies in the nasal cavities and neutralize antibodies at the entry point. That would prevent the virus was infecting cells or replicating, which would stop both infection and spread.

            Dr. Topol believes it would work. I don’t know if that’s narrative or not. But at the moment, we are still stuck with what we have.

    2. /study-fully-vaccinated-healthcare-workers-carry-251-times-viral-load-pose-threat-to-unvaccinated-patients-co-workers/

      No threat to patients. Right.

      Yet one more reason to stay away from hospitals and clinics.

  9. Corrupt Democrat-installed Judges presiding over the Stalinist show trials of the January 6th “insurrectionists” don’t even pretend to be impartial. Meanwhile, these black-robed frauds turn a blind eye to rampant fraud and criminality among our political elites, and treat the REAL insurrectionists – BLM & Antifa commies – with kid gloves.

    D.C. judges express frustration about possible leniency in Capitol riot cases

    https://www.msn.com/en-us/news/us/dc-judges-express-frustration-about-possible-leniency-in-capitol-riot-cases/ar-AANLvk6

    Federal judges in Washington are questioning whether rioters who have admitted to storming the Capitol on Jan. 6 in support of President Donald Trump are being treated too leniently.

    Judges are asking prosecutors why defendants aren’t paying more to cover the cost of damage to the Capitol, why the court can’t order additional supervision of many defendants beyond a brief prison term and why more do not face heftier charges.

    1. Today is Kenosha Kyle Day 🙂

      Only 17 years old, and he single handedly took out two and a half commie rapist pedophiles.

      WE LOVE YOU KYLE !!!

    2. “Was your purpose in entering the Capitol building . . . to protest against Congress certifying the electoral college vote?” Howell asked one defendant last week. … One recent plea to the same charge was nearly derailed when Boyd Camper of Montana refused to sign a document that said he “knew that he did not have permission to enter the building.”

      Wouldn’t any defense lawyer being screaming 5th amendment in such a situation? Add that to being forced to express regret and contrition, this sounds a bit like Inquisition-type trials or barbarian conquests where enemies were made to grovel before being beheaded.

    1. The winner of the 2020 election.

      This is not Facebook, this is not Twitter. The HBB can’t be censored. None of us can be cancelled.

      The 2020 election was stolen, by globalists, who will someday soon be facing arrest, trial, conviction, and execution.

    1. Did they find a new stooge? One copper already confessed or rather, took the blame for CS who I am convinced is the real killer.

    2. Odd. In the original raw footage video, this admitted identified shooter was shorter, less husky, and white.

  10. ANOTHER stim check coming for us Californians courtesy of Gavin “Commodus” Gavin.
    are you NOT entertained?

    1. Is this his last Hail Mary or just more cash for illegals? Californians are anyone anywhere with relatives or a mailbox in CA.

    2. “ANOTHER stim check coming for us Californians…”

      What ever happened to a “Chicken in every pot?”

    1. Price per square foot — on many of the motive links posted — is remaining constant or rising slightly while median price per unit is plummeting. Days on market — some have stated on for 242 days an longer. Is only the worst left?

    2. Price per square foot — on many of the motovo links posted — is remaining constant or rising slightly while median price per unit is plummeting. Days on market — some have stated on for 242 days or longer. Is only the worst left?

      1. $/ft2 is meaningless after the structure is constructed. It doesn’t capture lot sizes, additional structures and other features.

        1. This is quite the reversal for you, Mafi. You used to swear by $50/sq ft, flat. Now, “it’s the land?” 🤣

    1. Dr. Malone via Twitter: More details on the Moderna contamination issue. Particulates. Based on past experience, these are likely to be glass chips or stopper detritis, but this should help get to the bottom of the graphene hypothesis. I have confidence in the Japanese.

      1. Ok, I though there was already viable discovery on all kinds of toxic substances in the current vaccines.
        How about all the years of mercury and other junk being put in jabs.
        Something really bugs me about these so called delivery systems being toxic substances to humans . I know the theory on why they use these toxic substances, but I don’t agree that its acceptable or safe.
        And the way they deny adverse effect from vaccines just makes my blood boil. Just how much more assault can the human species take of what I call bad medicine. We were conditioned into thinking that we had some kind of protection from harmful bad medicine , which was a illusion.
        I just by instinct didn’t trust it, in spite of it being approved. I have really picked carefully what I was willing to ingest. Now my biggest nightmare of forced injections.

  11. “Seneca Oaddams, 44, bought his two-flat in Roseland for $132,000 a little over two years ago. The property, which he purchased as an investment and rental property, now has an estimated worth of $250,000, according to Redfin. But having endured 17 months of the pandemic, Oaddams says it’s hard to hold on to the building. His tenant, whose rent covers approximately half of Oaddams’ monthly mortgage, lost her job at the start of the pandemic and hasn’t been able to keep up her payments.”

    This should tell you Redfin estimate is completely BS. Even at purchase price of “only” $132K, the rent payment only cover 50% of the mortgage payment. This doesn’t include maintenance cost, property taxes, home insurance, etc. So this sucker, I mean investor, was losing money every month even when the rent checks were coming in! Good thing you brought in Socialist sh*thole where free housing is essential for everyone as we are all in this together crap. I can’t imagine the damages done to the house from this free loader chick.

  12. They have kept the Jan. 6 protesters locked in the gulag, arrested conservative reporters who stood outside the Capitol that day and Attorney General Merrick Garland has told lawmakers white supremacist groups in the U.S. pose a growing threat.

    Maybe they should send those brave badasses who arrested the Jan. 6 “insurrectionists” to Kabul and straighten this out. Surely if they could handle those “domestic terrorists” so easily the Taliban should be no problem at all for them.

    Two explosions outside Kabul airport leave U.S., civilian casualties amid evacuations

    At least 13 people including children were killed and many others were injured, Taliban sources told NBC News, in what they described as a suicide attack.

    Aug. 26, 2021, 6:05 AM EDT / Updated Aug. 26, 2021, 12:24 PM EDT

    By Yuliya Talmazan, Mushtaq Yusufzai, Courtney Kube and Andrea Mitchell

    Two explosions rocked the area outside Kabul airport Thursday, leaving a number of casualties and throwing evacuation efforts into more turmoil days before President Joe Biden’s deadline for the United States to leave the country.

    Three U.S. Marines were injured in that blast, according to three U.S. military officials.

    Kirby added that there was “at least one other explosion at or near the Baron Hotel, a short distance from Abbey Gate.”

    https://www.nbcnews.com/news/world/high-threat-terror-attack-disrupts-kabul-airport-evacuations-biden-deadline-n1277670

    1. I wonder how many American civilians will be captured by the Taliban and held hostage? What will the Biden regime do if the Taliban start beheading them on a live stream?

      It’s only August, I don’t even want to think of what state our nation will be in by year’s end.

      1. Biden has announced any USA citizen not on a plane out of there by a certain deadline will have citizenship stripped thereby leaving no Americans behind.

  13. I am so disturbed on what might happen to all these people in the hands of the Taliban.

    Everything Biden does is a disaster that’s resulting in death, destruction, mayhem and chaos. I knew Biden was going to be bad, but this is off the charts bad. This is what you get when you have a criminally stolen election. And the thought of that jerk Harris taking over is equally scary.
    Course you have to assume that somebody other than these 2 puppets are calling the shots.

    1. There are kids and parents from SoCal stuck there. This is uncomfortable now, and is potentially very ugly real soon.

      1. Almost two dozen El Cajon (San Diego, CA) students stranded with their families. Oops, saying they’re stranded is irresponsible.

    2. “And the thought of that jerk Harris taking over is equally scary.”

      So you’re not confident with her “knee caps on the ground” tactical experience? 🙂

      1. “knee caps on the ground” tactical experience? 🙂
        Well, at least she has some practical/valuable skills.

  14. Here is an article, an opinion, with the title “Mistake” …

    https://northmantrader.com/2021/08/26/mistake-2/

    (here is a snip from the article)

    “Maybe the reason money velocity continues to crater & doesn’t make its way into the real economy is because all the wealth gets sucked up by the few who hold it in the very assets continually goosed up by the Fed.
    “Which could mean the Fed is actually wrecking the economy.”

    (another snip)

    “Which fits with the Harvard Study conclusion: ‘the U.S. and lower-income families are becoming more indebted, rich people have more money tied up in debt funds, and less money goes toward fostering innovation and prosperity.'”

    I suggest everyone read the full article.

    1. One attitude is that low interest rates encourage businesses to “invest” and thus create jobs and prosperity. The paradoxical result may be that they do use debt to indebt their companies for mergers and acquisitions (that kill jobs) and to do stock buybacks.

      The central bank is very quick to take credit for any positive development, but very quick to deny its policies have any negative or unintended side effects.

    2. Maybe the reason money velocity continues to crater & doesn’t make its way into the real economy is because all the wealth gets sucked up by the few

      The other thing is that the Fed firehosing money at the economy, by way of the government and Wall Street means that those best positioned to capture that cash will do so.

      Analogy: Imagine throwing footballs into a crowd, because there’s some promotion where you want to give away footballs. Now imagine there are college and professional level receivers in the crowd. They’re going to get most of the footballs.

      The economy is a competition for resources. People may eventually get enough footballs. They’ll never get enough money.

  15. On this J-Hole eve, I thought it would be useful to post the turning point where the central bankers decided to fully embrace bubblenomics, and thus turning the money gun on themselves.

    From the 2009 Fed transcripts:

    As the Fed weighed strategies for arresting the economic tailspin in March 2009, including the collapsing housing market, Elizabeth Duke, a member of the board of governors, offered a colorful way of thinking of their task.

    “I’d like to start with the story of an elderly wealthy gentleman who had taken a young bride and begun to spend money like crazy,” Ms. Duke said. “His friends got very concerned that he was going to go through his entire fortune, and they elected one of their number to go and talk to him about it. He said: ‘Sam, we’re really concerned. We want to make sure that you know that you can’t buy love.’ Sam said: ‘I know you can’t buy love, but if you spend enough money, you can buy something that looks so close you can hardly tell the difference.’ ”

    What does this have to do with housing? She continued:

    “So I think if we spent enough money, got enough of a hit right now, it would look like a floor on house prices, and we might have something every bit as good as a floor on house prices. It seems like the best time, when we have the synergies with the housing program, which should reduce foreclosures and should increase the ability to refinance. Both borrowers and purchasers are so incredibly hair-trigger sensitive to what goes on with mortgage interest rates. Mortgage interest rates went down when we made the announcement before, but that was in November, and that was not the season when people buy houses. If we do this in the spring, when there are other programs that would support it and when it’s pretty obvious that there’s not going to be any fiscal stimulus coming along that would also further support house purchases, then maybe we’ve got a window of opportunity where we can go in there and put a floor under house prices, and that will start to move some of these other things.”

    https://www.nytimes.com/2015/03/05/upshot/ben-bernanke-has-an-impressive-passive-aggressive-streak-and-other-things-we-learned-in-the-new-fed-transcripts.

    1. Somebody needs to do something about this Bitchute website and all these problematic videos.

      Can’t Facebook or YouTube buy them out, and ban this content? Oh wait, they can’t.

      Suck it, globalists.

    1. Trump was recently booed for telling his supporters to get vaccinated (google “Trump booed in Alabama”)

    1. It’ll be interesting to see if NPR blasts headlines every hour, on the hour, for days on end, about an unarmed white woman getting shot by a black cop, the way they did when unarmed black man, Michael Brown, was shot by a white cop a few years ago.

  16. When vibrants single out whites and Asians for unprovoked attacks in Democrat-Bolshevik malgoverned cities, it’s always “random” per the MSM. However, in the extraordinarily rare incidents where whites attack blacks, it’s automatically a hate crime. Confused?

    #KnowYourNarrative

    Tourist punched in face in random Times Square attack

    https://nypost.com/2021/08/25/tourist-punched-in-face-in-random-times-square-attack/

    A 20-year-old tourist from Wisconsin was randomly attacked by a lunatic in Times Square on Wednesday afternoon, police and sources.

    The suspect stalked the victim and then punched him in the face on Seventh Avenue near West 49th Street at about 2:30 p.m., the NYPD and sources said.

    1. “…it’s always “random” per the MSM.”

      NY seems like cuck central; it’s worse than California!

    1. Who needs “real journalists” when all the outlets just publish the same tripe.

      Saw a link to an article about how people don’t care if the have a job. Of course, it’s easy to not care if you have a job if you don’t have to pay the rent and Uncle Sam gives you up to $800 a week to sit on your keister. Anyway, this seems to be an up and coming Narrative, probably because the extra unemployment $$$ is ending.

      There is a silver lining, because as others have mentioned, there are few willing to wait on the rich and famous.

      1. “…people don’t care if the have a job.”

        Many of the manual labor types finally realize that hard work simply doesn’t pencil-out in America 2021.

        1. simply doesn’t pencil-out

          Only because of free rent and free money. Those are tapering off.

  17. Vibrants robbing hedgies in Gotham City? Well this is fun.

    Moment a man leaving a Manhattan nitespot is robbed of $4MILLION worth of jewelry by brazen thieves in a Mercedes-Benz

    https://www.dailymail.co.uk/news/article-9930459/Moment-brazen-NYC-thieves-steal-4M-worth-jewelry-man.html

    Police in New York City are hunting for thieves who they say have been responsible for a pair of recent high-end jewelry heists in Manhattan, including one where a man leaving a restaurant was robbed of $4million worth of valuables.

    According to the NYPD, at around 4.20am on August 14, a 47-year-old man and his 27-year-old companion had just walked out of the trendy TAO Downtown on 9th Avenue when they were accosted by a duo that got out of a Mercedes-Benz parked on the corner of West 30th Street and Broadway.

  18. Not good

    U.S. officials provided Taliban with names of Americans, Afghan allies to evacuate

    “Basically, they just put all those Afghans on a kill list,” said one defense official.

    By LARA SELIGMAN, ALEXANDER WARD and ANDREW DESIDERIO

    08/26/2021 03:28 PM EDT

    Updated: 08/26/2021 06:16 PM EDT

    U.S. officials in Kabul gave the Taliban a list of names of American citizens, green card holders and Afghan allies to grant entry into the militant-controlled outer perimeter of the city’s airport, a choice that’s prompted outrage behind the scenes from lawmakers and military officials.

    The move, detailed to POLITICO by three U.S. and congressional officials, was designed to expedite the evacuation of tens of thousands of people from Afghanistan as chaos erupted in Afghanistan’s capital city last week after the Taliban seized control of the country. It also came as the Biden administration has been relying on the Taliban for security outside the airport.

    https://www.politico.com/news/2021/08/26/us-officials-provided-taliban-with-names-of-americans-afghan-allies-to-evacuate-506957

    1. Justice Stephen Breyer, writing for the three, pointed to the increase in COVID-19 caused by the delta variant as one of the reasons the court should have left the moratorium in place.

      Now even our top legal experts think that they are doctors and epidemiologists. 🙄 Hello you idiots, we have a VACCINE now. Call it what you want, the injection turns almost every serious case of COVID into a non-deadly flu. Since when do we hand out gimme-stimmies for flu?

      1. “we have a VACCINE now. Call it what you want, the injection turns almost every serious case of COVID into a non-deadly flu.”

        For the most part, without existing preconditions it already was a non-deadly flu.

        Age of Coronavirus Deaths

        We are collecting and analyzing the data from all US States. In the meantime, below we show the data provided by New York City

        Health as of May 13, 2020:

        https://www.worldometers.info/coronavirus/coronavirus-age-sex-demographics/

  19. An article …

    “The Weaponization of Medicine”

    https://freemansperspective.com/the-weaponization-of-medicine/#more-11301

    There are five key points that are discussed:

    1: Science is not consensus

    2: Medicine stands apart from, and above, politics

    3: Peer review no longer means much

    4: Medicine and science have nothing to do with social pressure

    5: If you don’t read multiple scientific papers, especially from rebels and cast-outs, you simply don’t know

    (some snips)

    “What you see on TV is propaganda. What you see on Facebook, Twitter and YouTube is pre-censored. If you want to really know, you’ll have to find the scientific papers that address your question… and you’ll need papers that are rejected by televised authorities. If you don’t, all you’ll have are pre-censored conclusions, the underlying facts of which may or may not be reliable.

    “At this point, if you don’t include ‘conspiracy theory’ research, you’re more or less stuck with Orwell’s Ministry of Truth. Sad but mostly true.”

    1. How timely. I just got home from Urgent Care where I was lectured by the triage nurse for not being vaxxed. “You chose poorly. Your child is sick.” She got an earful as did the nurse manager, who conceded she has colleagues with views similar to mine. Talk about feeling like a leper! The doctor encouraged me to wear a mask at home, per CDC guidelines, because my husband, son and I might have different variants. What?!

      1. EKG normal, lungs clear but chest pressure and pain up/down spine. This virus is no joke.

        Hubby seems to be doing better post infusion. Kid has low grade fever, is difficult to treat and stir crazy.

  20. Bring out your dead …

    Study: One-third of Americans were infected with COVID by December 2020
    https://www.msn.com/en-us/health/medical/study-one-third-of-americans-were-infected-with-covid-by-december-2020/ar-AANMi4v?ocid=uxbndlbing

    “Nearly one-third of the entire U.S. population had been infected with COVID-19 by the end of 2020 — a much higher rate of infection than previously known, a new study has found.”

    This accounts for the enormous numbers of dead bodies that clogged up all the streets.

    “… the rate of infection in New York City at the time was even higher at 44%.”

    And Wall Street stinks as a result.

    The peer-reviewed research …”

    My, my, peer reviewed even …

    “… found that by the end of 2020, infection rates were particularly high in several regions and in big cities, with 48% of people in Chicago infected, 52% of Los Angeles and 42% of Miami.

    “In parts of the Midwest like Minnesota, Wisconsin and Iowa, more than 60% of the population had been infected, the study found.”

    The death toll there must be out of sight. A well kept secret in that reports of these massive number of deaths never hit the news.

    “‘While the landscape has changed with the availability of vaccines and the spread of new variants, it is important to recognize just how dangerous the pandemic was in its first year,’ said Sen Pei, one of the researchers and an assistant professor at Mailman.”

    Bahahahahahaha … so just how dangerous could it have been if the then raging pandemic is just now being discovered?

  21. A somewhat long (but good) read …

    What Can We Learn About Covid Tyranny From Australia And Afghanistan? – Alt-Market.us
    https://alt-market.us/what-can-we-learn-about-covid-tyranny-from-australia-and-afghanistan/

    (a snip or two)

    “Despotic people tend to telegraph their future actions like inexperienced fighters tend to telegraph their punches; it’s not as if the intentions of totalitarians are obscured or hard to predict. In some cases they may even believe that they can be as obvious as they wish because they assume no one will ever try to stop them. They’ve been destroying lives for so long they adopt a sense of superiority, as if they are untouchable.

    “In my extensive study of psychopathy I find that, unfortunately, the primary catalyst for the exploitation and victimization of large populations of people is that many of them can’t wrap their heads around the idea of an organized conspiracy of human monsters. They refuse to acknowledge the existence of the evil right in front of them, so the evil is able to go unopposed for long stretches of time. There is ALWAYS a moment, though, when psychopaths push the wrong people too far. They just can’t help it, and this is when they find themselves on the business end of a noose or the barrel of a gun.

    “When it comes to organizations of psychopaths, the same moment also eventually arrives, it just takes longer for the public to comes to grips with the necessity of it.

    “In terms of the ‘Great Reset’ agenda, medical tyranny using covid as a rationale is clearly a key ingredient to the future objectives of the power elite. At the beginning of the pandemic lockdowns last year I made several predictions and warnings. I said that the mandates and lockdowns for most people around the world would never go away, and I called this ‘Wave Theory’; the use of intermittent moments of limited freedom followed by increasingly more aggressive restrictions.

    “This cycle is meant to condition the public to the idea that governments are ‘allowed’ to micromanage our daily lives, that this is ‘normal’, that it is for our own good and that we should enjoy the short moments of liberty or normalcy they so graciously let us to have.”

    (end of snips, go read the rest of the article on your own)

  22. Are the stories true about Larry Elder being separated from birth from his twin brother by another mother, Donald Trump, and having lived his life as a white supremacist disguised in a black man’s body?

    1. Tucker Carlson blasts LA Times for calling black politician Larry Elder a white supremacist as polls show conservative radio host could replace Gavin Newsom as California governor
      By Ronny Reyes For Dailymail.Com
      02:12 EDT 25 Aug 2021 , updated 11:06 EDT 25 Aug 2021
      – Tucker Carlson went after the LA Times for calling California’s Republican gubernatorial candidate Larry Elder ‘the black face of white supremacy’
      – With a sarcastic tone, Carlson ‘congratulated’ the LA Times for its insight and claimed they only went after Elder since he was the favorite to become the state’s newest governor if Gavin Newsom is recalled on September 14
      – ‘Larry elder could actually win. So no wonder the ‘L.A. Times’ is so upset’

  23. Finally, the Supreme Court has struck down the CDC’s eviction moratorium.

    Anyway between this and the extend unemployment benefits expiring, it sounds like the year+ vacation is over.

  24. Does it seem like the Fed’s efforts to drown Wall Street with the gasoline of Unlimited Quantitative Easing has ignited the financial markets equivalent of an uncontrollable California wildfire?

    1. The Financial Times
      Private equity
      Private equity’s affordable housing land rush leaves trail of disputes
      Blackstone to inherit strains with US charity landlords after $5bn property purchase
      Mark Vandevelde in New York August 26 2021

      Joe Dejesus has stopped counting how often he has patched leaks and repaired walls at the rent-controlled Brooklyn housing block where he works as superintendent.

      The community organisation that rents out the apartments had been preparing to install a new roof and heating system, but held off when an investment group stepped in to claim sweeping rights over the property, according to people familiar with the charity’s plans.

      Instead the landlord, RiseBoro Community Partnership, is entering the third year of a legal battle with insurance company American International Group over who is the long-term owner of the imposing century-old block.

      It is one of at least half a dozen fights between charities and powerful investment groups over affordable apartments funded by federal tax credits — a trend that activists say could displace families whose homes were built with billions of dollars of government subsidies.

      Those homes are now coveted by private equity firms. Last month RiseBoro learnt that AIG’s disputed stake in its building in the Bushwick section of Brooklyn would be sold to Blackstone, part of a pending $5bn deal that represents the investment group’s most politically charged incursion into the US housing market in the years after the mortgage crisis of 2008.

      Housing advocates worry that a private equity takeover of affordable housing could spell trouble. Some fear that housing charities will have to accede to crippling financial settlements with Wall Street investors, or face being stripped of their custodianship of housing assets that provide a bulwark against rising rents.

      Others worry about what will happen if financial firms are in charge of affordable housing assets when rent control regulations finally run out. “Gentrification has been going through Bushwick quite rampantly,” Dejesus said. “I’m worried about the families in my building — where are these people supposed to go?”

      Blackstone has said it intends to maintain affordability, even after federal and state rent controls on many of the 83,000 apartments that the firm is buying expire over the next 20 years.

      1. “…the landlord, RiseBoro Community Partnership, is entering the third year of a legal battle with insurance company American International Group over who is the long-term owner of the imposing century-old block.”

        Isn’t AIG one of those firms that would have gone belly up in the 2007-2009 financial crisis if the Fed hadn’t rained bailout monies on them?

  25. Wokest Wookie
    @TheDude97795345
    Sometimes they don’t come in the night. They come via Twitter and mass surveillance.. Jesus I sound like Alex Jones…
    9News Sydney
    @9NewsSyd
    #BREAKING: From September 13, NSW residents that are fully vaccinated against COVID-19 will be given new freedoms.

    Residents of hotspots can leave home for an hour of recreation on top of their exercise hour, while people in other areas can meet five others outdoors.

    https://twitter.com/9NewsSyd/status/1430707532134236163?s=20

    1. NSW residents that are fully vaccinated against COVID-19 will be given new freedoms

      Meanwhile, fully vaxxed Israel is going back into lockdown.

      They know the vaxxes don’t work. Countries like Oz are going to be locked down forever.

      1. Do you have a source for that? duckduckgo is saying that Israel is “hoping” that they don’t have to go back into lockdown, but I didn’t see any news of actual lockdowns being ordered (yet). Instead, they’re really pushing the third dose of Pfizer vaccine, if only to get the hospitalizations down.

        They know the vaxxes don’t work

        No, they know that the Pfizer vaccine doesn’t work, for Delta. Do you have sources for the other vaccines not working?

        1. Why do you have to use the duck search to find information? Oh right, we’ve had the biggest censorship/misinformation campaign in human history going on since before the election. All this we know don’t know stuff is irrelevant when you look at what’s happening even down to your acknowledgement that simple searches can’t be trusted, much less globalist scum “reporting”. We can’t even do autopsies. They’re dead and they still try to cover it up. Good gravy, what wouldn’t they hide?

          We do know more people have died from this death injection than all the vaccinations in history combined – in 6 months. We also know many of these psychopaths have believed for decades we gotta kill off huge numbers of people.

          On the bright side, I again encourage the death injected to put the good old HBB in yer wills. There will be plenty of shacks and automobiles for everyone! Ima drive a different one every day of the year.

          1. I’m not acknowledging that info is being censored, not about Israel locking down, which is the topic at hand. It’s not as if I used Google first and found nothing. Duck is the first engine I tried only because it’s my default, DUH. And Duck has nothing on Israel locking down either, so unless In Colorado provides a source, I have to think that Israel is not locking down, not at this time.

            And anyway, why would someone censor news of Israel locking down? That news would support the narrative of a third (or fourth) death shot. They would be blasting it all over the media: “Israel locking down!! Get your booster!!”

            And I’ve asked this before: if TPTB really wanted to kill people, then why bother with a vaccine — or even masks or lockdowns — at all? The virus itself kills people a lot better than the vaccine. Let it run rampant, and better yet, treat them all with HCQ.

  26. OK, how is it possible that Corporations and Private Party Business get to carry out the vaccine mandates by bribery or extortion of job loss if you don’t comply.
    Seems to me this constitutes a total violation of the Nuremberg Codes , informed consent , or right to choice., or even protection for whistle blowers.
    The Media Monopoly thinks it has the right to take the first amendment and censor all dispute to the one Medical Narrative of take the jab and don’t ask questions.
    What kind of corrupted power has taken over that Big Pharmacy get to forced their vaccine lab rat expierments down the throats of the public , saying they are safe and effective when they have no proof of that. Its fraudulent advertisement, without informed consent that’s its just one big unproven expierments.
    Now its the push for the third shot with no long term data on what the results of that will be, or that more is better.
    And than you have the vaccinated getting sick with something, yet no investigation on what is this sickness they are getting that resembles Covid.
    In other words they are saying that the sickness is a reduction of protection from vaccines, but is that true?
    With the concerted effort to defraud the Public on adverse reactions to the jabs , with a narrative that more shots are the solution , with being fraudulent about blaming the unvaccinated, anything could be the truth.
    How would they know what a third booster shot would do is what I’m saying. They didn’t really know what the first 2 shots would do.

    I really don’t care what the Corporate Monopolies want, or what Big Pharmacy wants to impose by their take overs . They are breaking all the rules and violating all previous Constitional protections with this Medical fraud.
    And I think the main strategy is to violate the laws and do the damage before the cases get to the High Court, like the eviction restrictions.
    If you get 70 % forced to take the jab before issues are taken to High Court, than you win because the irreparable damage is already done.
    The case against Media for their violations against the first amendment won’t reach the high Court until the damage of censorship has been done already. This is why there is such a big timeline race to reek the dictates fast.
    So even if they get a stop order after 2 years of damage they have already carried out the agenda.
    With no liability for damage done by Big Pharmacy , what do they have to lose?

    1. how is it possible that Corporations and Private Party Business get to carry out the vaccine mandates

      It is against the law for the Fed Gov to use private companies to do what is illegal for them to do. We are outside the law.

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