Foreclosures decline, NJ still in foreclosure logjam

From MarketWatch:

CoreLogic Reports 36,000 Completed Foreclosures in August 2015

CoreLogic…today released its August 2015 National Foreclosure Report which shows the foreclosure inventory declined by 25.2 percent and completed foreclosures declined by 20.1 percent compared with August 2014. The number of foreclosures nationwide decreased year over year from 46,000 in August 2014 to 36,000 in August 2015, representing a decrease of 68.9 percent from the peak of 117,357 completed foreclosures in September 2010.

Completed foreclosures reflect the total number of homes lost to foreclosure. Since the financial crisis began in September 2008, there have been approximately 5.9 million completed foreclosures across the country, and since homeownership rates peaked in the second quarter of 2004, there have been nearly 8 million homes lost to foreclosure.

As of August 2015, the national foreclosure inventory included approximately 470,000, or 1.2 percent, of all homes with a mortgage compared with 629,000 homes, or 1.6 percent, in August 2014.

CoreLogic also reports that the number of mortgages in serious delinquency (defined as 90 days or more past due, including those loans in foreclosure or REO) declined by 20.7 percent from August 2014 to August 2015 with 1.3 million mortgages, or 3.5 percent, in this category. This is the lowest serious delinquency rate since January 2008. The foreclosure rate (defined as the share of all loans in the foreclosure process) was at 1.2 percent as of August 2015, which is back to January 2008 levels.

The five states with the highest number of completed foreclosures for the 12 months ending in August 2015 were: Florida (94,000), Michigan (47,000), Texas (32,000), California (27,000) and Georgia (26,000). These five states accounted for almost half of all completed foreclosures nationally.

Four states and the District of Columbia had the highest foreclosure inventory rate as a percentage of all mortgaged homes for the 12 months ending in August 2015: New Jersey (4.6 percent), New York (3.7 percent), Florida (2.6 percent), Hawaii (2.5 percent) and the District of Columbia (2.4 percent).

This entry was posted in Foreclosures, Housing Recovery, National Real Estate, New Jersey Real Estate. Bookmark the permalink.

105 Responses to Foreclosures decline, NJ still in foreclosure logjam

  1. Fabius Maximus says:

    Friskies

  2. anon (the good one) says:

    yep, the War in Iraq is a perfect example of it.

    Extreme Corruption at its highest levels was fully supported by those who were brainwashed into believing their moral superiority.

    chicagofinance says:
    October 12, 2015 at 1:09 pm
    sadly…these comments are spot on….for many people corruption is tolerated, or even preferred, for causes that people have been brainwashed to think are morally superior……

  3. Fabius Maximus says:

    #118 (previous) AllHype

    “Tell me the 5 greatest technology accomplishments that occurred in communist Russia…”

    They won the space race!
    #DropMic

  4. Fabius Maximus says:

    You can pick your friends, but you can’t pick your family.
    http://www.theguardian.com/us-news/2015/oct/13/woman-sues-11-year-old-nephew-hug-broke-wrist

  5. Marilyn says:

    what does Friskies mean ?

  6. Juice Box says:

    re # 2 Eh, perfect example?

    Then why did your party vote for the war? 58% of the Dems in the Senate voted for the Iraq war including one Senator Hillary Clinton and current Secretary of State Kerry.
    Are you meaning to tell me the corrupt Corporatocracy fooled the ex. first lady only two years after she left the White House? Is she that gullible? She is not fit to be president, she is either too dumb to see through it or worse complicit.

  7. Juice Box says:

    Friskies is what cats and sometimes old people eat, there was a story back in the early 1980s during the recession that old people in NYC were buying and eating cat food. It is a bit of an urban legend but heck who does not like a shiny coat?

  8. Libturd in the City says:

    It is a terrible example Anon. Of course, we expect no less than that from you. Tell us right now, who you endorse. If it’s Hil, then shut the fcuk up you asinine hypocrite.

  9. Juice Box says:

    And for the Hillary fans. Lincon Chafee talked about it last night, she is not fit to be president.

    “If you’re looking at someone who made that poor decision in 2002 to go into Iraq when there was no real evidence of weapons of mass destruction, which I knew because I did my homework, that’s an indication of how someone will perform in the future. And that’s what’s important.” Chafee said.

  10. Comrade Nom Deplume, living well off the carrion of the left says:

    Spell check had trouble with “carrion”. Tell me again how intelligent Millenials are.

  11. Comrade Nom Deplume, living well off the carrion of the left says:

    [9] juice

    Hillary was for (insert issue here) before she was against it

  12. chicagofinance says:

    It is a Booya Bob reference from the early days of the blog……he suggested that realtors would end up penniless with few options for food….

    Juice Box says:
    October 14, 2015 at 9:01 am
    Friskies is what cats and sometimes old people eat, there was a story back in the early 1980s during the recession that old people in NYC were buying and eating cat food. It is a bit of an urban legend but heck who does not like a shiny coat?

  13. Fast Eddie says:

    Regarding the “Friskies” discussion and this blog in particular, I believe it’s a reference to someone who used to post as “Boyaa Bob” stating that mortgage bag holders were going to eat Friskies due to their overreaching purchase on vastly overpriced houses.

  14. Fast Eddie says:

    ChiFi,

    Yes, I stand corrected.

  15. chicagofinance says:

    Anonymous says:
    July 28, 2006 at 3:51 pm
    DO NOT LISTEN TO A STARVING REALTOR.

    I BET THEY ARE GETTING A LITTLE GRUMPY LATELY.

    COMMISH CHECKS NOT COVERING EXPENSES. MOMORE FOOLS TO SLAMDUNK AN EASY SALE.

    IF ONE OF THESE REALTORS SAYS SOMETHING TO YOU THAT IS VERY QUESTIONABLE. ASK THE GRUBBER TO PUT IT IN WRITING.

    BOOOOOOOOOYCOTT RIPOFF HOUSE PRICES.
    GET FIRED UP ANOTHER MISERBLE/LONELY WEEKEND FOR GRUBBING SELLERS AND STARVING SLICK REALTORS.
    START TALKING YOUR GRUBBING SELLERS TO START DROPPING PRICES AGGRESSIVELY IF YOU WANT A COMMISH CHECK.
    BABABABABA

    BOOOOOOOOOOOOOYAAAAAAAAAAA

    Bob

  16. leftwing says:

    “They won the space race!
    #DropMic”

    Thought of that also. Dismissed it as much of it was German rocket technology and scientists “annexed” from WW2.

  17. Juice Box says:

    Just to be clear for the Democrats. Chafee, Sanders, Webb,and O’Malley were against the war. I would vote for Webb he took it to another level by switching parties after the war started among other honorable things he has done in his career.

    Whoever the Democrats nominate will start off with between 200 and 250 electoral votes out of the 269 needed to win in 2016. They need a candidate that people will get behind, I would say Webb should be that candidate.

  18. Libturd in the City says:

    That same lack of intelligence was displayed in setting up an unprotected server in her bathroom installed by some local yocals who happened to be minor donors. $2.35 million is how much the Russian’s gave to the Clinton foundation to get their Uranium mine purchase. And you think the Koch Brother’s are the evil ones?

    ——————————————————————————————————
    From the NYT:

    As the Russians gradually assumed control of Uranium One in three separate transactions from 2009 to 2013, Canadian records show, a flow of cash made its way to the Clinton Foundation. Uranium One’s chairman used his family foundation to make four donations totaling $2.35 million. Those contributions were not publicly disclosed by the Clintons, despite an agreement Mrs. Clinton had struck with the Obama White House to publicly identify all donors. Other people with ties to the company made donations as well.

    And shortly after the Russians announced their intention to acquire a majority stake in Uranium One, Mr. Clinton received $500,000 for a Moscow speech from a Russian investment bank with links to the Kremlin that was promoting Uranium One stock.

    At the time, both Rosatom and the United States government made promises intended to ease concerns about ceding control of the company’s assets to the Russians. Those promises have been repeatedly broken, records show.

    The New York Times’s examination of the Uranium One deal is based on dozens of interviews, as well as a review of public records and securities filings in Canada, Russia and the United States. Some of the connections between Uranium One and the Clinton Foundation were unearthed by Peter Schweizer, a former fellow at the right-leaning Hoover Institution and author of the forthcoming book “Clinton Cash.” Mr. Schweizer provided a preview of material in the book to The Times, which scrutinized his information and built upon it with its own reporting.

    Whether the donations played any role in the approval of the uranium deal is unknown. But the episode underscores the special ethical challenges presented by the Clinton Foundation, headed by a former president who relied heavily on foreign cash to accumulate $250 million in assets even as his wife helped steer American foreign policy as secretary of state, presiding over decisions with the potential to benefit the foundation’s donors.

    ——————————————————————————————————

    Who do you endorse twerp?

  19. chicagofinance says:

    Anonymous says:
    August 31, 2006 at 6:35 pm
    BLEED’EM DRY…..

    NO BIDS NO HOPE NO NOOOTTT”’ING!

    JUST 6 MONTHS AGO MANY OF THESE DUMMIES HAD BLOATED EGO FILLED HEADS NOW THE BLOAT IS FIZZZING OUT.
    HUMBLED AND KICKED AROUND. THIS IS WHEN THESE DUMMIES HIT ROCK BOTTOM…A NICE ATTITUDE ADJUSTMENT….U KNOW THE WORD HUMBLE AS OPPOSED TO ARROGANT WANT-A-BE RE TYCOON GENIUS…

    Good memories from a 12-15 years

    BLEED’EM DRY

    BABABABABABA!

  20. leftwing says:

    Like trust and judgment in the person occupying the most powerful position in the world?

    The Great Pumpkin says:
    October 13, 2015 at 9:52 pm
    Bernie just hit it. Who gives a crap about the stupid emails. Our middle class is disappearing!! Stick to the issues that matter!!

  21. Fast Eddie says:

    Hillary: You mean wipe it clean with a cloth?

  22. chicagofinance says:

    My son was born in October 2006….
    chicagofinance says:
    October 31, 2006 at 12:11 pm
    OT:

    When Hunter arrived, the first words out of his mouth were:

    “boooyaaa boycott open houses, no nott”ing, bleed ‘em dry grubbers.”

    Needless to say the nurse and ob were a little shocked.

    I was thinking – “that’s my boy!” ;-)

    Oh – and I’m definitely the dad – get your mind out of the gutter! :(

  23. Comrade Nom Deplume, living well off the carrion of the left says:

    Today, winning the space race is like being in first place 150 feet into a marathon

  24. Juice Box says:

    re # 15 – “Suzanne researched this”… a now classic commercial from a Friskies eating Century 21 Realtor circa 2006.

    https://www.youtube.com/watch?v=20n-cD8ERgs

  25. leftwing says:

    From 28, NYT: “…special ethical challenges presented by the Clinton[s]….”

    Understatement of the year.

    In any other endeavor except politics, including Wall Street, the Clintons would have been perp walked long ago.

  26. Juice Box says:

    Speaking of classics, just noticed Grim passed the 10 year mark on his blog. I guess time does fly.

  27. chicagofinance says:

    look at these rates!

    chicagofinance says:
    November 29, 2006 at 12:18 pm
    Also:
    FF 5.25%
    3M 5.04%
    2Y 4.67%
    10Y 4.51%

    feh!

  28. chicagofinance says:

    Condoshacks!

    Take at least 25% off 2005 peak prices for houses says:
    December 29, 2006 at 11:59 am
    Brooklyner Says:
    December 29th, 2006 at 11:53 am
    Hey Clotpoll, home prices are going down 30-50% in the north east. It happened during the last housing bubble of the 90’s and will certainly happen again. Homes only appreciate in value by the rate of inflation over the long term, not 10-20% a year.

    With renting at 1/2 the cost of owning in most places, anybody would be a fool to buy a house right now. When they can scoop up a good house at heavily discounted prices in a year or two.

    ——————
    Houses were down about 20-25% last bubble from my experience, but this one is the biggest baddest ever. So expect 25-35% for houses.
    Condoshacks fell 50% in last bubble. this time who knows, but probably 50% is likely.
    last bubble took about 3-4 years to bottom
    this one will be a little shorter imo cuz of the massive leverage being used.

    just use some common sense.

    Take “at least” 25% off 2005 peak prices for houses

  29. leftwing says:

    The more things change the more they stay the same….

    Who posted the doomed to repeat history quote the other day?

  30. leftwing says:

    Last paragraph is priceless.

  31. chicagofinance says:

    finally…..

    READ MY LIPS: CUT YOUR GRUBBING HOUSE PRICES FAST says:
    August 31, 2007 at 2:46 pm
    How are the peasants doing today?
    How is that dried friskies tasting?
    baaaaaawahahahahahaha

  32. Fast Eddie says:

    All these memories are tempting me to release my latest “memories” with the grubbing house tour guides regarding the sale and purchase I am going through at the moment. I still can’t believe I bought another f.ucking house.

  33. Fast Eddie says:

    10 years! Holy sh1t!

  34. leftwing says:

    Pumps, WalMart down 8% today so far. On the back of announcing they are increasing minimum wage up to $10hr.

    You should be happy! Robin Hood!

    Oops, forgot about all those 401ks and pensions invested in Walmart…….darn…..sorry grandma……

  35. phoenix says:

    10. Probably will have trouble with “Geritol” too…

    “Spell check had trouble with “carrion”. Tell me again how intelligent Millenials are.”

  36. grim says:

    10 years?

    format c:

  37. chicagofinance says:

    dude – you blew off the 10Y GTG last month you lazy d!ck…..

    grim says:
    October 14, 2015 at 10:56 am
    10 years?

    format c:

  38. Comrade Nom Deplume, living well off the carrion of the left says:

    Phoenix,

    Age, experience and treachery usually beats out youth, inexperience, and vigor.

    Without Google, most Millenials are idiots. Why do you think I prefer live debate?

  39. joyce says:

    In any other endeavor except politics (Agree), including Wall Street (Disagree), the Clintons would have been perp walked long ago.

    leftwing says:
    October 14, 2015 at 9:27 am
    From 28, NYT: “…special ethical challenges presented by the Clinton[s]….”

    Understatement of the year.

    In any other endeavor except politics, including Wall Street, the Clintons would have been perp walked long ago.

  40. joyce says:

    “Why do you think I prefer live debate?”

    No fact checkers? ;-)

  41. Comrade Nom Deplume, living well off the carrion of the left says:

    [41]. Joyce

    LOL

  42. Juice Box says:

    This is the kind of project we need for NYC for high speed one seat train ride into NYC.

    Put it all underground.

    “Over the last three years, eight 1,000 tonne tunnelling machines have bored 42km or 26 miles of new 6.2m diameter rail tunnels under London.”

    http://www.cnn.com/2015/10/13/tech/future-cities-london-crossrail/index.html

  43. chicagofinance says:

    juice…..this method and equipment is exactly what the MTA is using for the 2nd Avenue subway…..

  44. Libturd in the City says:

    Yeah, but the MTA would take 100 years to bore 26 miles.

  45. Juice Box says:

    re #44 – I am talking tunnels to NJ and LI outer boroughs etc not a Subway so you don’t have to walk a few blocks to the 4,5,6….

  46. Juice Box says:

    Cost for 2nd ave is 2.5 billion per mile too.

  47. Libturd in the City says:

    2nd Avenue line. Total line is 8.5 miles. Started 2007. In December of 2016, line from 63rd to 96 street. So ten years to go 2.5 miles. Go government!

  48. leftwing says:

    “In any other endeavor except politics (Agree), including Wall Street (Disagree), the Clintons would have been perp walked long ago.”

    Joyce, the villifications of WS far exceed the facts. The Left have done a perfect job there.

    The lack of disclosure of the $2m+ Uranium One transaction would land any WSer in jail. It is the functional equivalent of a WS firm doing a transaction for a company during which the CEO’s family pays the WS CEO’s family an undisclosed $2m. Gonzo. NQA.

    When I came back to the US ten years ago and saw how ridiculously tough the regs had become I left IB. This was after the analyst scandal but well before 2008 reforms. At the time I was nearly fired for talking to an analyst *in an entirely different business line*. Impossible to have a conflict. Happens he was a good friend, I was to be best man in his wedding. HR and Legal literally tried to shut that down. Unbelievable. That is when I said “fcuk this”. Think the bar is higher in politics?

    How about Billy and the blue dress? Think that type of s3xual harassment would be tolerated on WS by an exec? Can give you a personal answer there too. The Group Head of a $300m revenue line (meaning $150m of profit to the firm) got caught for the same thing not that long after Billy. A recent college grad or two working late making pitstops under his desk before heading home. Gonzo. Guy was a heavy hitter – $150m of profit to the firm annually – gone.

    Both Clintons are narcissist SOBs interested only in themselves and power acquisition and will do anything and everything to further those goals. In any other industry – especially WS now – they would be gone.

  49. chicagofinance says:

    under Hudson would be easier…..part of the issue is all the infrastructure that has to be minded, remediated or diverted…

    Juice Box says:
    October 14, 2015 at 11:43 am
    Cost for 2nd ave is 2.5 billion per mile too.

  50. phoenix says:

    34 LW
    Don’t worry about grandma. Those workers are still supporting her Social Security and Medicare-things they will not be getting in the future. She is way ahead of the game.
    She bought her house for 30k and sold it for 500k in 2006. It’s all good…..

    Grandpa is gone now, the factory he worked for that gave her his pension is now in China selling the same goods to Walmart. It’s nice to see his legacy go on. His check still cashes thanks to the PBGC, and taxpayers don’t mind supporting that either.

    “Oops, forgot about all those 401ks and pensions invested in Walmart…….darn…..sorry grandma……”

  51. joyce says:

    Leftwing,
    Do we want to compare the number of financial penalties to perp walks for WS crimes?

  52. phoenix says:

    39 CMD
    Treachery could probably win on it’s own.
    Problem is the youth are too naive.
    They trust the adults to do the right thing.
    Which does not happen.
    For one reason, one that you posted earlier.
    Human Nature.
    Then they get older and become adults.
    Rinse, Recycle, Repeat…….

  53. D-FENS says:

    Ugh, Hillary as president is so boring.

    Somebody start talking about Trump before I fall asleep.

    I hope he wins….so he can start negotiations with Putin and Iran after he puts his concealed glock on the table.

  54. grim says:

    Wait, hold up, there are other democratic candidates? Since when?

  55. grim says:

    There was a debate last night? Did anyone show up?

  56. grim says:

    I hear Trump threw a party across the street from the Wynn and most of the attendees changed their plans and went over there.

  57. grim says:

    Neither party can seem to muster a worthwhile candidate.

  58. Libturd in the City says:

    I actually like Bernie a lot, but his persona is too Weekend At Bernie’s, Bernie.

  59. The Great Pumpkin says:

    When it comes to Republican issues, webb is a better option than most of the Republicans, that’s all you need to know. The party system is a joke. I hope Bernie and Trump break this mess up.

    Bernie is the best option for the majority of people, but let’s watch people naively vote against their best interest by not voting at all, or worse, get brainwashed into voting for a candidate against their best interest by some silly issue like religion.

  60. leftwing says:

    LOL phoenix.

    I’m with you, I think. I’ve taken off the rose colored glasses on the tail end of the ‘greatest’ generation and the front end of the ‘boomers’.

    They were part of the lucky sp3rm club. Born into the richest country on earth, in one of few major economies untouched by the major global conflagration in history, at a time where world trade and economies favored their situation strongly.

    They hit the apex. Dealt a pair of aces and got blackjack on each split. Where did they take it from there?

  61. Comrade Nom Deplume, living well off the carrion of the left says:

    Leave me out of it. At the tail end of the Boom means I wasn’t part of the lucky sp3rm club. No one gave me a f$&?ing thing.

  62. leftwing says:

    “Leftwing, Do we want to compare the number of financial penalties to perp walks for WS crimes?”

    All day long provided we do a side-by-side comparison with politics on both counts.

    Separately, do you have any idea how much insider trading occurs around DC? How much money you can make with knowledge of what is coming out of Ways and Means? Other committees? Soon to be announced regulations? The confidential information freely passed there is stunning. There have been half hearted efforts to reign it in but nothing so far. On WS, all accounts must be maintained at the firm, they are closely monitored, and trading is regulated (ie, for the areas you can trade the number of trades you can make each month is quite limited).

    Reminds me of Germany. In an economics clas in college I wrote a thesis on insider trading. It was still legal in Germany. When I got over there in my career it had only recently been banned. it was very interesting getting the first hand German take on it. There was no stigma attached, it was just viewed as another form of compensation to the bankers.

    Clintons, et. al. follow that model these days in the US.

    Nice sleight of hand by them. Watch the shiny distraction of ‘corruption’ on WS while we do a bevy of activities that would be criminal there while we net much more.

  63. leftwing says:

    “Leave me out of it. At the tail end of the Boom means I wasn’t part of the lucky sp3rm club. No one gave me a f$&?ing thing.”

    I feel your pain. I have been a decade too late to each party – education (college admissions), junk bonds, equities, housing boom.

  64. The Great Pumpkin says:

    65- Thanks, Christie! What would we do without you!

  65. Juice Box says:

    re # 65 – Not funded and chances are NYC will be underwater by 2030.

  66. yome says:

    My Son tells me,it is even a bother to sell his stock holdings,when he wants to. He needs to get permission just to sell. He is an IB in MS

    “Separately, do you have any idea how much insider trading occurs around DC? How much money you can make with knowledge of what is coming out of Ways and Means? Other committees? Soon to be announced regulations? The confidential information freely passed there is stunning. There have been half hearted efforts to reign it in but nothing so far. On WS, all accounts must be maintained at the firm, they are closely monitored, and trading is regulated (ie, for the areas you can trade the number of trades you can make each month is quite limited).”

  67. phoenix says:

    62 CMD,
    If you are referring to me, I did not put you “in it.” In fact, I apologize it was Ragnar’s post from yesterday I was referring to.

    “Pumpkin,
    The problem is that your opinion of what is a “just society” is incompatible with human nature. So you and your friends want to reforge humanity to fit your anti-human view of justice, using blunt force.”

  68. phoenix says:

    CMD,
    I have no doubt about how hard you worked to get to where you are.

  69. Libturd in the City says:

    “65- Thanks, Christie! What would we do without you!”

    Actually, he probably saved NJ tons by forcing NY and the feds to pay their fair share.

  70. NJT says:

    I haven’t bought or sold stock since the early 2000’s (not counting 401K stuff) but back in the 90s insider trading was…rampant and, I don’t know anyone (personally) that was pinched for it.

    *My wife worked in the back office at a firm.

    Made some great trades and could have done others that would have paid far more but wife got nervous. I knew a bunch of people at DoD and in private sector IT. Man… I wouldn’t have to worry about anything now.

    One of my wife’s old bosses (mega-rich guy) and I went fishing out on his yacht once (he heard I was an expert at catching a type of fish). Dude told me something I’ll never forget: “When it comes to business, never ask for or listen to your wife’s advice”.

  71. joyce says:

    Did the government have any hand in your success?

    Comrade Nom Deplume, living well off the carrion of the left says:
    October 14, 2015 at 1:51 pm
    Leave me out of it. At the tail end of the Boom means I wasn’t part of the lucky sp3rm club. No one gave me a f$&?ing thing.

  72. joyce says:

    Leftwing,
    How are you concluding it’s worse on WS when your examples are about annoying regulations, people stepping down, etc … and nothing of consequence happening to them? I think you interpreted my initial statement as one being worse than the other. WS & DC, the people in power, nothing happens to them… ever. They don’t even resign anymore. They act with total impunity.

  73. Fabius Maximus says:

    Friskies, how we miss the truth of BoooYa Bob.

    Looking back we can see what became of the Realtors on the board. The most successful is still selling REO. One is now selling hooch. And one is reduced to making hooch, in a makeshift Italian bath tub, in the back of a garage, in the a$$ end of Patterson.

  74. Fabius Maximus says:

    Marilyn, were you out on one of your famous drives yesterday?

    http://jalopnik.com/woman-does-donuts-in-intersection-rams-cops-rolls-car-1736241338

  75. grim says:

    Clifton actually

  76. Comrade Nom Deplume, living well off the carrion of the left says:

    [73] Joyce

    One could say that. If it weren’t for government, my clients wouldn’t need me.

    Why do you think so many lawyers support democrats? They’re good for business.

  77. Marilyn says:

    76, HAHA, no first off Im sober, but when I was a user I was too paranoid to leave the house, Second, the guy in the second video sounds like Lizard Lick dudes just an observation. Third, I bodybuild and am a lean 15 percent bodyfat at age 49 weight 129 so she is a little too heafty to be me, and last the one you would be proud of me….. I drive a prius!!!

  78. Marilyn says:

    hey 76, you cant even say shes on crystal due to the weight problem. Just a drunk loser. I guess we got them in every State.

  79. Statler Waldorf says:

    Romney was actually a good candidate, far closer to the center than Obama, and was derailed by CNN’s Candy Crowley, completely choking on live television during debate #2. Can’t see a moderator pulling a tag-team move on Trump, though, he would shut that down in an instant.

    #CantStumpTheTrump

    “Neither party can seem to muster a worthwhile candidate.”

  80. Juice Box says:

    Pumpkin must be full of glee.

    Wal-Mart Heirs See $11 Billion Vanish in a Day on Share Fall

    http://www.bloomberg.com/news/articles/2015-10-14/wal-mart-heirs-see-9-billion-vanish-in-a-day-as-shares-plummet

  81. joyce says:

    Wait a minute, are you telling me the majority of the super wealthy only hold “paper” assets?

    (and that are propped up by the very policies poopkin advocates in favor of i might add)

  82. Juice Box says:

    re # 84- Paper means dividends and lots of them. Walmart has been paying about .50 cents every quarter for a long long time. You don’t need to be a math wizard to see how owning a billion shares means massive cash wealth too.

  83. Juice Box says:

    re # 81 – Romney ran on others wealth, he did not contribute one dime of his own money to the campaign. He lost do to a bartender named Scott Prouty who filmed his infamous 47% comments.

  84. Essex says:

    Only an azzhole roots for Walmart.

  85. Essex says:

    And a double Dutch dooshbag would even consider rooting for the heirs.

  86. Juice Box says:

    Essex – Hilary was a board member of Walmart. If she gets in there will be a filp on TPP…It may not pass in a few months but will come up again after the election cycle is over.

  87. Essex says:

    Yeah she lived in Arkansas so I guess that’s just compensation for lack of brain cells. Hillary ain’t gonna win anything else. Biden ‘ll enter the race..,.then more of the same.

  88. Juice Box says:

    Except big money on the D side is backing Hillary, she was waht the govenor’s wife when the glass ceiling became an issue is the 80s.and Walmart needed a quiet woman on their board.

  89. Essex says:

    Either way. It’s ancient history. As is WalMart and the shitty retailers selling bottom barrel crapola from China. Donating money to Hillary (as it is to most of the candidates) is a waste.

  90. phoenix says:

    83. Jb
    This was coming. There is no longer any lift in the economy. Outsource, increase efficiency, and gains thru eliminating jobs. Its like a cow eating it’s leg to survive.
    The consumer base that is squeezed is looking for ways to save, reuse, borrow, rent, etc. It’s a vicious cycle-and the symptoms of something much bigger ahead.
    Although I don’t share in the glee you think Pumps is having, I find it hard to have sympathy for a company that makes it’s living by exploiting 3rd world labor vs giving Americans jobs right here. I applaud Grim for pushing forward in his quest to make and American made brew and can’t wait to try it..

  91. phoenix1 says:

    LW and CMD,
    Me neither, not part of the lucky sp3rm club. And like you, I keep working and doing the best I can. I just have a hard time listening to their complaints, and the pandering by the politicians to the most lucky group (by timing) of all. I just don’t believe that any group should be held to any different standard than another. The debt accumulated over many years- would these lucky sp3rms really be so lucky if they paid the full nut every year for what they used? Then to hear the complaints that they don’t have kids in the schools and should not pay, well, let them go see physicians that are the same age as themselves-and nurses, etc.
    Nope, not going to happen– I did not have a child till later in life. Never once complained about paying taxes to support neighbors kids. Once had pr**k neighbor whining about his taxes. He had 4 kids in a system where I had none. I told him I pay taxes so your 4 kids x 10K — 40k school bill gets paid. Per year x 12. Do the math. I don’t complain, why are you whining? You could hear crickets….

    I then told him I don’t bi**h because maybe one day your kid may be a Dr. and save my life. Or design a drug that will save me from disease. Or pull me out of a fire.

    He never complained again….

  92. Joyce says:

    85
    Don’t get me wrong, of course they and others would still be very wealthy.

    But remember when some like Buffet lost (temporarily) about 40% of his wealth in 08/09?

  93. phoenix says:

    Maybe the Waltons can spend some of their bucks to help defend against the sizzler.
    or not….
    http://www.defensereview.com/us-navy-aircraft-carriers-vulnerable-to-ss-n-27b-sizzler-anti-ship-missile/

  94. Ten fcuking years. My hair is all gray now, one kid’s an adult (and the youngest acts like one), my house lost 170K in value, I got out of RE to save the shred of sanity I still cling to…and the sausage grinder’s being primed for another death run, perpetual war is now how the US conducts foreign policy, and I can come to this blog at any hour to find at least three wackadoodle pinheads either barfing up nonsense from the Twittersphere or advocating for the US to adopt the soci@l policies of failed UK backwaters whose citizens are unified by the common traits of alcoholism and consumption of empty starch calories.

  95. Just when you thought Sizzler was a place where you could score a cheap, tough steak on the fly…

  96. Juice Box says:

    phoenix – you crack me up.
    Inflect on your own 3rd world purchases. hint any chance ended 20 plus years ago, and now your chicken cutlets Get more sky miles than you miles apparently.

  97. Comrade Nom Deplume, Device-Hopping Today says:

    It’s official. You can now be prosecuted for thoughtcrime

    http://www.cnn.com/2015/10/14/us/douglasville-confederate-flag-terror-charges/index.html

    Orwell was right.

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