Rates scaring off buyers?

From the WSJ:

U.S. New Home Sales Drop Sharply in December

New home sales posted a steep decline in December, an indication that affordability challenges are beginning to cut into demand.

Purchases of newly built, single-family houses, which account for a small share of overall U.S. home sales, decreased 10.4% from November to a seasonally adjusted annual rate of 536,000 last month, the Commerce Department said Thursday.

That was the slowest monthly sales pace since February and the steepest one-month drop since March 2015.

Economists surveyed by The Wall Street Journal expected new home sales to decline 1.5%, to 583,000 sales.

The drop “was a shocker,” said David Berson, chief economist at Nationwide Insurance. He said home sales are often volatile in the winter months because of weather, however, and he still expects new-home sales to rise in 2017.

Data on new-home sales generally can be imprecise from month to month. December’s 10.4% sales decrease came with a margin of error of 12 percentage points.

In all, an estimated 563,000 new homes were sold in 2016, up 12.2% from a year earlier and the fifth straight year of sales growth. The annual figure indicates broad improvement in the market, even if sales of new homes remain well below where they were during the housing boom of the 2000s, when they topped 1 million a year for four years running.

“Home buyers are facing headwinds from higher mortgage rates and uncertainty about tax policy, but low existing inventory, near full employment, and rising wages are tailwinds that will continue to push new home sales higher in the year ahead,” Mr. McLaughlin said.

This entry was posted in Mortgages, National Real Estate, New Development. Bookmark the permalink.

148 Responses to Rates scaring off buyers?

  1. Grab them by the puzzy says:

    @BCApplebaum

    The garbled WH messaging on the border tax is just a first taste of the chaos that can be unleashed by an imprecise relationship with facts.

  2. Fast Eddie says:

    puzzy,

    Progress is not defined by a straight line. Your guy talked and had no clue how to advance an idea nor did he have one. It was an eight year speech accented by finger pointing. It was a beer summit vs. a guy who can build whole cities. You don’t have a party and what’s left of it resembles a freak show.

  3. Fast Eddie says:

    Rates scaring off buyers?

    No. It’s having three part time jobs that are paying $10 an hour.

  4. grim says:

    Flew in from Vegas this morning. Hosts on 95.5 were talking about Trump’s position on Mexico in an incredibly/unexpectedly positive way. They were in absolutely total support for a tax on remittances to pay for a wall.

  5. Grab them by the puzzy says:

    Fake News ====>

    Fast Eddie says:
    January 27, 2017 at 8:16 am
    puzzy,

    Progress is not defined by a straight line. Your guy talked and had no clue how to advance an idea nor did he have one. It was an eight year speech accented by finger pointing. It was a beer summit vs. a guy who can build whole cities. You don’t have a party and what’s left of it resembles a freak show.

  6. Grab them by the puzzy says:

    @jonfavs

    Republicans take control of Washington,
    and immediately charge taxpayers at least $14 billion for a concrete wall.
    Good voting everyone.

  7. grim says:

    Eddie – Don’t follow… What do you mean? He was expected to do something?

    Didn’t we set a precedent by giving the guy a Nobel Prize for doing absolutely NOTHING of merit. I mean, shit, if you got the Nobel Prize in Physics for dropping a turd in the bowl in the morning, why bother to even get dressed after that?

  8. Fast Eddie says:

    Fake news is why you have no party and no direction. Fake news is why the House, the Senate, the Executive seat and the Judicial branch (soon) is in Republican hands. Fake news is why Trump won 3084 of 3141 counties. Do you see a pattern here, troll? Since your into facts, I figured I’d give you a few.

  9. Fast Eddie says:

    The Nobel Prize was a trophy for participating. You know the drill, everyone needs to feel accepted, even the big-eared f.uck pretending to be a president. Everybody deserves a pony.

  10. Essex says:

    President Donald Trump on Thursday afternoon played with an idea for financing his wall with a 20% tariff on Mexican imports to the US.

    He did, after all, promise that Mexico would pay for the wall while on the campaign trail.

    The problem is, if he puts a 20% tariff on goods coming in from Mexico, the US will most certainly pay for it too. (The plan would also violate international trade law through the US’s membership in the World Trade Organization, and our trade pacts with Mexico, just to be clear.)

    “Trump’s plans to finance his wall are going to hit the auto industry like a ton of bricks,” said Lee Branstetter, a professor of economics and public policy at Carnegie Mellon. “The consequences for American workers and American business would be immediat

  11. Ben says:

    Anon, you shouldn’t have a problem with that. Here’s a quote from one of your favorite sources:


    “And the Tinkerbell principle NEVER applies to fiscal policy. If the government goes out and hires a million people to dig ditches, the direct effect is that a million people have been put to work digging ditches. It doesn’t matter whether people believe it will work. Some of the effect might be partially offset if people believe the government will have to raise taxes later (though not completely offset– we’ve had that discussion). ”

    -Paul Krugman

    I guess your ideology only applies to things that you support politically.

  12. Grab them by the puzzy says:

    @LindseyGrahamSC

    Border security yes, tariffs no. Mexico is 3rd largest trading partner. Any tariff we can levy they can levy. Huge barrier to econ growth /1

    Simply put, any policy proposal which drives up costs of Corona, tequila, or margaritas is a big-time bad idea.
    Mucho Sad. (2)

  13. Steamturd, Hate Trumps Cankles says:

    What will we do without cilantro?

  14. 30 year realtor says:

    Eddie, You keep calling him a Republican. He isn’t. The Republican Party was hijacked. Just sit back and watch this unfold. Only a matter of time until the GOP has had their fill of The Donald.

    Mid term elections will be very interesting. Bluster, empty executive orders and fake news will keep the masses distracted for a little while and then what?

  15. Alex says:

    Just the other day Puzzy, you were thanking Obama for this so called ” sizzling” economy. Yet, it was just reported that the economy grew at a very tepid 1.9 % in the 4th quarter.

    Not so sizzling is it?

    This is what happens Puzzy, when you fill up on Fake News.

  16. Steamturd, Hate Trumps Cankles says:

    I kind of agree with 30-year.

    Though I would argue that the left generates a lot more fake news than the right.

    Finally, my friends are starting to get it. Even the big Dem supporters I know are starting to realize the error in their ways. I think the ladies March on Washington was about licking the collective liberal wounds. Anon will never get it, but I think Otto and Fab understand the mistakes the DNC made and that elitism and public well being issues only get you so far.

    Eddie, nothing personal, but Trump hijacked your party. He is less conservative than HRC was which probably explains why the Investment Banks have gone bonkers since election day. Too bad what they spent on trying to get Hillary to ignore their greedy ways was just a drop in the bucket. When they got Trump, they knew it was going to be a field day for profits. It’s only a matter of time before the tried and true conservatives completely bail on him. Nearly every appointment has been someone who brazenly stuck their neck out for him during his campaign. I hardly see any real conservatives among them. Registered Republicans? Yes. Conservatives? Nah. Maybe the education appointment, but she’s terrible and in a few days, Trump might actually admit it.

  17. Steamturd, Hate Trumps Cankles says:

    So when do we get back to complaining about how sh1tty NJ is?

  18. Fast Eddie says:

    I know he’s not Republican or Conservative. I could care less. I want to make money and I was tired of hearing that white men are the cause for the last 3000 years of the world’s problems.

  19. Essex says:

    9:50 not all white men Eddie, just you…

  20. D-FENS says:

    I dunno…I don’t remember any president in my lifetime ever making good on their campaign promises within the first week.

  21. D-FENS says:

    Mexico needs us more than we need them.

  22. D-FENS says:

    The 20% tariff threat is their reminder.

  23. yome says:

    Balance Trade is what we need. I agree with the administration. If you are running a Trade Deficit put a tariff to level the playing field. The US tax import at a minimal while Developing Countries tax US exports twice to 4x US charges. It is the same as with currency. When the dollar is weak,import is more expensive to buy ,domestic goods is more attractive. Put tariff on Mexican Goods and domestic will be more attractive. I would rather see my dollar circulate in the US than Worldwide. We need to stop giving Companies Tax breaks to give us jobs.It should be Companies comes to our Towns because it is more fissible for their products to get to their customers faster.

  24. yome says:

    Tariffs are essentially a tax on imports. On this front, China imposes higher rates than does the United States.

    Here’s how it breaks down, according to the World Trade Organization:

    Agricultural Products
    Non-Agricultural Products
    US tariffs on Chinese goods sold in the United States
    2.5%
    2.9%
    Chinese tariffs on U.S. goods sold in China
    9.7%
    5.0%

    US trade with China TOTAL 2016 Export 104,149.1B Import 423,431.2B
    Trade Deficit -319,282.1B

  25. yome says:

    We just keep on giving the House away. Enough with WTO ending World Poverty. Gorb is now talking about World War developing because of Trade War

  26. yome says:

    US 2016 Economic Growth 1.6%

  27. D-FENS says:

    Phil Murphy and Assemblyman John Wisniewski both vying for Bernie Sanders endorsement.

    http://observer.com/2017/01/murphy-wins-bergen-democratic-convention/

    While Thursday’s vote makes it official for Murphy in Bergen, the former Goldman Sachs Executive has long been considered the favorite to win the Democratic Party nomination in the state. He launched his campaign in May 2016 and has been scoring endorsements from the likes of the New Jersey Democratic State Committee ever since. On Friday, Murphy’s campaign announced that the candidate had scored the endorsement of Bernie Sanders’ son, Levi Sanders, despite the fact that Wisniewski was the New Jersey chair of the Sanders campaign during the 2016 presidential primary.

    “Phil’s values align with so much of what we fought for in 2016: a livable minimum wage of $15 an hour, respect for workers, an affordable college education, equal pay for equal work, reforming our broken criminal justice system, and an economy that creates a vibrant and diverse middle class and which works for Main Street, not Wall Street,” said Sanders in a statement, also noting that he would be in New Jersey on February 11 to help Murphy campaign.

  28. Yome says:

    Here is a increase in tariff Mexico imposed to the US during Obama’s Term —–>

    MEXICO CITY (Reuters) – Mexico said on Wednesday it was imposing higher tariffs totaling $2.4 billion on a wide list of U.S. imports ranging from strawberries to Christmas trees after Washington banned Mexican trucks from U.S. roads.

    The official government gazette said the new tariffs, which will range from 10 percent to 45 percent, will be effective on Thursday.

    Mexico said the U.S. ban on its trucks violates the North American Free Trade Agreement, or NAFTA, and in retaliation published a list of dozens of products subject to tariffs.

    To avoid raising prices for local consumers, the Mexican government excluded major staples like rice, corn, wheat and meat products and instead focused on imports that could affect as many U.S. states as possible without hurting Mexican manufacturers.

    The list of 90 imports, estimated by the Mexican government to be worth $2.4 billion a year, included sunglasses, toilet paper, pet food, ornaments, soy sauce, Christmas trees and produce such as strawberries, pears and onions.

    “One of the very difficult issues that any government has in this highly integrated global economy is to come up with a retaliatory list that doesn’t end up doing more damage to a home country’s interest as opposed to a foreign country,” said Jon Huenemann, a former U.S. Trade Representative official.

    Mexico’s economy minister said authorities were working to resolve the dispute as quickly as possible.

    Mexico, the United States’ No. 3 trade partner, is angry the U.S. Congress scrapped a pilot program this month that allowed Mexican trucks to haul goods deep into the United States.

    Some U.S. lawmakers and truck driver unions say Mexican trucks do not meet U.S. safety standards, a charge Mexico denies.

    Mexico said it imposed the sanctions according to NAFTA rules since the two countries have not been able to resolve the dispute simmering since 2001.

    Only about 1.5 percent of U.S. exports to Mexico are affected by the new rules but trade experts say the flap will be the first real test of President Barack Obama’s trade strategy.

    Obama’s first two choices to be commerce secretary, New Mexico Governor Bill Richardson and New Hampshire Senator Judd Gregg, both withdrew their nominations. The Senate Commerce Committee currently is considering his third choice, former Washington governor Gary Locke.

    (For details of the full list of U.S. goods facing tariffs, please see pages 50 and 51 of the following document: dof.gob.mx/PDF/180309-MAT.pdf)

  29. yome says:

    US Companies cost to import goods into Mexico —> Duty rates average 14%,
    VAT 16%, Customs processing fee 0.8%

    https://www.dutycalculator.com/country-guides/Import-duty-taxes-when-importing-into-Mexico/

  30. D-FENS says:

    The goal is no more regional trade agreements. Negotiate Country to country to achieve the best trade deals.

  31. D-FENS says:

    Dude is trying to blow up NAFTA…then renegotiate trade with Mexico and Canada separately.

    https://www.bloomberg.com/politics/articles/2017-01-23/canada-signals-possible-u-s-trade-deal-that-excludes-mexico

  32. grim says:

    I think we should enact new tariffs globally, a single global standard tariff for any country that has a significantly lower standard of living, social equality, minority oppression, basic health standards, womens rights, lgbt rights, poverty standards.

    The rate would float by country and would be a harmonizing rate to adjust prices to what they would approximately be if the trading partner had an equal standard of living and social equality.

    Call it the global worker opportunity act.

  33. Ben says:

    Perot brought this up in his debates but when we look at exports into Mexico, a lot of times we are shipping raw materials over there (i.e. rubber for tires) so when the finished product gets sold to the U.S., it appears as if there was some sort of trade going on when in fact, whatever we exported, we bought right back.

  34. D-FENS says:

    http://www.cnbc.com/2016/11/30/commerce-secretary-pick-says-mexico-has-better-trade-deals-than-america.html

    Wilbur Ross, President-elect Donald Trump’s choice for Commerce secretary, told CNBC on Wednesday he wants to overhaul “dumb trade” deals that the U.S. has with countries around the world.
    “Believe it or not, Mexico has better treaties with the rest of the world than the United States has. We’re going to fix that,” Ross said as Trump’s choice was being announced.

    “Mexico has 44 treaties with other countries that make it very advantageous to do international shipping from Mexico rather than from the United States,” Ross said in a “Squawk Box” interview.

    “Protectionism is a pejorative term. It’s not really something that’s meaningful,” he said. “There’s trade. There’s sensible trade. And there’s dumb trade. We’ve been doing a lot of dumb trade, and that’s the part that’s going to get fixed.”
    Ross called the Trans-Pacific Partnership a “horrible deal.”
    “Everybody talks about tariffs as the first thing. Tariffs are the last thing. Tariffs are part of the negotiation,” Ross said. “The real trick is going to be increase American exports. Get rid of some of the tariff and nontariff barriers to American exports.

  35. D-FENS says:

    Why build a car in the US destined for European markets when you can build it in Mexico and avoid the tariff on US imports?

  36. Tywin says:

    “You keep calling him a Republican. He isn’t.”

    And thank god for that. We’ve had more than enough of donor puppet Globalists from both parties selling out the country to the highest bidder. Trump is there to clean house, and after just 4 days, is off to a phenomenal start.

  37. Raymond Reddington says:

    Far out scenario..

    Piss off Mexico enough, what if the Russians or Chinese convince Mexico to allow them to put missiles on the border, just on the other side of the brand new fence….

  38. D-FENS says:

    12:04 – That kind of thinking made Cuba the economic powerhouse it is today.

  39. The Great Pumpkin says:

    I was terribly wrong about Trump. Fast Eddie, I agree with you. You have been right about this man from day 1. He is bringing real change at an extremely fast pace. He is doing everything he stated he would do and he is doing with speed and precision.

    He is the third party candidate this country has needed for a long time. The dems and repubs have become to complacent and corrupt. They produce the same exact outcomes when in office, they only disagree when it’s election season. Trump is saving America right before our eyes. Brings a tear to my eyes.

    It’s just amazing how people are fighting against trump, when all he wants is to make America great again. Why are you getting in his way? What is wrong with putting America first? Why does putting America first make you a racist? Why does not allowing ILLEGAL immigrants into our country make you a racist? Why does not allowing refugees from the middle east into your country make you a racist?

    Fast Eddie says:
    January 27, 2017 at 8:16 am
    puzzy,

    Progress is not defined by a straight line. Your guy talked and had no clue how to advance an idea nor did he have one. It was an eight year speech accented by finger pointing. It was a beer summit vs. a guy who can build whole cities. You don’t have a party and what’s left of it resembles a freak show.

  40. The Great Pumpkin says:

    Amen, and the way it always should have been. That’s if you are putting America first.

    D-FENS says:
    January 27, 2017 at 11:33 am
    The goal is no more regional trade agreements. Negotiate Country to country to achieve the best trade deals.

  41. Raymond Reddington says:

    DFENS,

    Would Cuba ever be an economic powerhouse anyway…

  42. The Great Pumpkin says:

    Amen, the era of giving the house away is now over, and I could not be happier.

    yome says:
    January 27, 2017 at 11:03 am
    We just keep on giving the House away. Enough with WTO ending World Poverty. Gorb is now talking about World War developing because of Trade War

  43. The Great Pumpkin says:

    Agreed. Balance is needed. We are slowly bleeding ourselves to death.

    yome says:
    January 27, 2017 at 10:50 am
    Balance Trade is what we need. I agree with the administration. If you are running a Trade Deficit put a tariff to level the playing field. The US tax import at a minimal while Developing Countries tax US exports twice to 4x US charges. It is the same as with currency. When the dollar is weak,import is more expensive to buy ,domestic goods is more attractive. Put tariff on Mexican Goods and domestic will be more attractive. I would rather see my dollar circulate in the US than Worldwide. We need to stop giving Companies Tax breaks to give us jobs.It should be Companies comes to our Towns because it is more fissible for their products to get to their customers faster.

  44. The Great Pumpkin says:

    I thought trump was going to use his position to just enrich himself. I did not expect him to do anything he stated during the election. Boy was I wrong. God bless Trump for being the only individual with the balls to take back our country. We are so lucky that someone like him came along and was willing to take on the corrupt establishment that was profiting off policy that was killing our country.

  45. Grab them by the puzzy says:

    Alex says:
    January 27, 2017 at 9:33 am

    Just the other day Puzzy, you were thanking Obama for this so called ” sizzling” economy.

    Anon (the good one) says:
    January 23, 2017 at 9:04 am
    President Obama, God bless, left us with a sizzling hot economy and as result got recently outbid couple of new projects, wanted to upgrade just like Gary but my price point is much higher than his and, ironically, there’s a very healthy competition at that level that not even me can keep up with resulting being forced to switch gears and consider expansion instead.

    Grim,
    what’s best practice to engage in say 200k upgrade project as am not really concerned about getting my dough back when selling as this ain’t a biz move, it’s more about using the money well and making sure end up with a non-wasteful quality upgrade

  46. Comrade Nom Deplorable, Zombie Hunter says:

    Okay, who are you and what have you done with Pumpkin?

  47. Comrade Nom Deplorable, Zombie Hunter says:

    It is reported that people are buying “1984” all of a sudden. I thought everyone read that in high school?

    But to the leftists, I must add this caveat: Despite what you might think, it isn’t an instructional manual.

  48. Comrade Nom Deplorable, Zombie Hunter says:

    Pumpkin,

    Well, you have the right guy as the USTR with Lighthizer in place. He may be a prick but he’s our prick

  49. Bystander says:

    Blumpkin going through his daily bi-polar episode. Tomorrow, back to Trump the villain. The Don has accomplished nothing but a bunch of PR meetings. The plan details matter and he will be asking some Republicans to vote against their own final interests. Lets face it, money dictates change and our politicians are dollar w$ores so if The Don hits their pockets, their business overlord’s pockets or districts pockets then good bye to his plans or fangs and remove. It sure will be entertaining watching some Repubs try to skirt around voting for these measures. The Dems will party line vote against all his plans. Break out the popcorn soon. Trump lovers thinks he brought harmony to DC but money is all that matters and no politician, R or D, wants to shake up their profitable little applecart.

  50. The Great Pumpkin says:

    Bystander, from my pt of view, this guy is getting stuff done. I have never seen a President in my life time go to work this fast. He is doing everything he stated he would do, why are you still doubting him? Finally, we have a leader with balls who puts America first, and actually does what he says he is going to do, and you still are doubting him.

    CNN is praising trump right now, need I say more?

    Btw, nice job calling me bi-polar for not holding onto a position for the sake of telling myself I’m right. I have no problem being wrong and switching positions when proven wrong.

  51. yome says:

    Now add VAT tax and Business Tax that US Companies needs to pay that some Chinese companies gets a refund. Keep in mind US do not have a VAT tax

    “China has operated a dual system of indirect taxes, with VAT applicable to the sale and importation of goods, at the standard rate of 17 percent or, for some products, at the reduced rate of 13 percent, whilst most services were subject to business tax (BT) at rates of either 3 percent or 5 percent.”

    yome says:
    January 27, 2017 at 11:00 am
    Tariffs are essentially a tax on imports. On this front, China imposes higher rates than does the United States.

    Here’s how it breaks down, according to the World Trade Organization:

    Agricultural Products
    Non-Agricultural Products
    US tariffs on Chinese goods sold in the United States
    2.5%
    2.9%
    Chinese tariffs on U.S. goods sold in China
    9.7%
    5.0%

    US trade with China TOTAL 2016 Export 104,149.1B Import 423,431.2B
    Trade Deficit -319,282.1B

  52. The Great Pumpkin says:

    Glad I finally see the light, and it’s beautiful!

    Comrade Nom Deplorable, Zombie Hunter says:
    January 27, 2017 at 12:39 pm
    Okay, who are you and what have you done with Pumpkin?

  53. No One says:

    Scorecard so far:
    Good:
    Talk about scrapping/reducing US regulations – makes it easier to produce/invest in US
    Talk about lowering/simplifying individual and corporate taxes: same
    Talk about bringing in more private sector financing/operation of infrastructure: much better to let investors operate rather than finance government deficits and then let bureaucrats decide/run them.

    Energy production in/Global Warming hysteria out

    Bad:
    Tariffs: basically a sales tax on imported goods. Potentially creates distortions. On the other hand, so does 40% income taxes and 35% corporate taxes. While I don’t like tariffs, they already exist, and if some distortions/barriers rise while others fall, I cannot say for sure what the net effect will be. Probably bad for big US exporters when they face retaliation.

    Potentially wasteful government spending on infrastructure. We don’t know if this will turn out to be pork-barrel government spending as usual, with low efficacy.

    Trump’s arbitrary, narcissistic, vindictive personality. He has appointed some decent people, but he will be his own worst enemy.

  54. The Great Pumpkin says:

    Yes, they are going to be short even more money when we work out these new trade deals.

    https://www.bloomberg.com/news/articles/2017-01-26/world-s-biggest-real-estate-buyers-are-suddenly-short-on-cash

  55. No One says:

    Also bad, Trump might end up wrecking Libturd’s “Bye Bye Baby” franchise plans.

  56. Essex says:

    1:47 eye roll

  57. Steamturd, Hate Trumps Cankles says:

    “Also bad, Trump might end up wrecking Libturd’s “Bye Bye Baby” franchise plans.”

    Bye Bye Baby is moving underground. Get your dry cleaning done soon. Before they run out of hangers.

  58. Tywin says:

    Yet another Fake News story this week, this time from ABC News…

    http://thehill.com/homenews/media/316022-abc-apologizes-for-misleading-quote-about-spicer

    ABC News apologized late Tuesday for a misleading edit around a quote from former George W. Bush press secretary Ari Fleischer that portrayed him as being harshly critical of President Trump press secretary Sean Spicer.

    Fleischer made a series of tweets complaining about the error, which led to ABC’s apology.

    “Nightline aired a segment Monday night about the first three days of the new administration including Sean Spicer’s statement to the press on Saturday. As part of the report, we interviewed former White House press secretary Ari Fleischer. In editing the piece for air, his quote was shortened and as a result his opinions mischaracterized. We are fixing the piece online to include his full quote and context. We apologize and regret the error.”

  59. Grab them by the puzzy says:

    @ianbremmer

    Great thing about real estate deals: not having to work w other side again.

    Trump needs to understand foreign policy isn’t like that.

  60. Tywin says:

    5:54

    That tweeter should read up on the “Weaponization of Finance” where America limits access to the US marketplace as an instrument of its foreign and security policy. Nice term “Weaponization of Finance,” right? It was coined by Ian Bremer.

  61. Grab them by the puzzy says:

    @BCAppelbaum

    IDEA:
    Why doesn’t Trump just sign one of these executive order thingies ordering America to become great again?

  62. Comrade Nom Deplume, Who doesn't care when you got your bottle. says:
  63. Comrade Nom Deplume, Who doesn't care when you got your bottle. says:

    Fast Eddie,

    In Puzzy’s case, progress is a straight line

    Well, more or less straight….

    You have to allow for windage and drop.

  64. Ben says:

    Thinking back to Christie’s 2012 RNC speech:

    They said it was impossible to cut taxes in a state where taxes were raised 115 times in eight years. That it was impossible to balance a budget at the same time, with an $11 billion deficit. Three years later, we have three balanced budgets with lower taxes.

    We did it.

    They said it was impossible to touch the third rail of politics. To take on the public sector unions and to reform a pension and health benefit system that was headed to bankruptcy.

    With bipartisan leadership we saved taxpayers $132 billion over 30 years and saved retirees their pension.

    We did it.

    5 years later, we get a gas tax and higher property taxes. What’s amazing is, that pretty much public sector in NJ take home pay hasn’t increased 1 dime since then. I don’t see them filling any of those potholes along 287 and 78. Where’s all this money going? Christie has been equally as awful as any governor we’ve had.

  65. Grab them by the puzzy says:

    wasn’t he to be on groper in chief cabinet?

    Ben says:
    January 28, 2017 at 9:36 am

    Christie has been equally as awful as any governor we’ve had.

  66. Ben says:

    wasn’t he to be on groper in chief cabinet?

    Apparently, Trump didn’t offer him a good job. Smart decision on his part. Bad for New Jersey.

  67. Alex says:

    [12:38]

    My apologies Puzzy, thought you and Anon were one in the same.

  68. Steamturd thinking about the remains of Hillary's umbilical stump says:

    I did too. By the way, I just watched a protest video live on a friends Facebook feed. I watched five minutes of marchers and not a single Muslim among them. What gives? I know if they did this to Jews, every Jew I know would be out there. What’s up?

  69. HouseWhineWine says:

    at 8:03 how the heck do you know there aren’t any Muslims in the crowd??

  70. Steamturd thinking about the remains of Hillary's umbilical stump says:

    Oh come on now…now you are just being silly.

  71. The Great Pumpkin says:

    Anyone complaining about trump’s immigration ban, I can direct you to a bunch of Americans that need just as much help, if not more, than these refugees. But that’s not the cool thing to fight for right now, is it?

  72. Fabius Maximus says:

    Stu,

    What Muslim puts their head above the parapet these days. Who is going to step in that crowd and be labeled a radical. The tribe can protest and there is no comeback.

    I applaud this group of Rabbis. This is a powerful statement on the impact of denying refugees.
    https://mic.com/articles/166948/this-powerful-twitter-account-is-sharing-the-names-of-jewish-refugees-the-us-turned-away-in-1939#.MlcYe714i

  73. Fabius Maximus says:
  74. Steamturd thinking about the remains of Hillary's umbilical stump says:

    HouseWhine? Wouldn’t you expect to see at least a few devout Muslims? You know, the ones with the robes, the beards and some women in hajibs? I mean, not one. If there was a ban of immigrants from Israel, every single yamulka-wearing Hasid from Brooklyn would be out there. Something is not right.

  75. Steamturd thinking about the remains of Hillary's umbilical stump says:

    “What Muslim puts their head above the parapet these days. Who is going to step in that crowd and be labeled a radical. The tribe can protest and there is no comeback.”

    I don’t know if this is a great strategy. Hide out and you’ll end up like the Japanese in WWII. It speaks to the lack of assimilation of this group. In this country, the right to protest is strong and powerful. Fearing being labeled a radical is a sorry excuse in my opinion. Have they not learned the lesson of Rosa Parks?

  76. Fabius Maximus says:

    Stu

    At this point don’t you think this nation should be above the need for a Rosa Parks?

    Have a think about that one.

  77. Steamturd thinking about the remains of Hillary's umbilical stump says:

    I do and I don’t support this ban at all. I do understand a delay though in order to try to vet out potential terrorists from countries where there is little to no record keeping making vetting difficult. Trump blew it on this on. He’s so concerned about building Rome in a day that he does not think things through. It explains his success to a degree as a developer, but it’s a different skill set that is needed to be a humanitarian.

  78. Steamturd thinking about the remains of Hillary's umbilical stump says:

    And it is a temporary ban of Muslims from war torn countries where there is little record keeping. Reading the leftist headlines, we are already loading Muslim’s into box cars.

  79. Fabius Maximus says:

    Gary are we great yet!

    I am assuming this guy is going to get us there. Don’t worry Gary, I assume he will decline a salary and all the bene’s. Not like he needs it after the 100Mil Paulson he’s getting handed.

    http://money.cnn.com/2017/01/26/investing/gary-cohn-goldman-sachs-exit-trump/

  80. The Great Pumpkin says:

    everyone wants to help everyone, but no one wants to pay the bill….

  81. Steamturd thinking about the remains of Hillary's umbilical stump says:

    Hey Fab…Gitmo’s still open last time I checked. What happened? Is Obama a liar?

  82. Fabius Maximus says:

    “I do and I don’t support this ban”

    Ok, you need some time to work out where you are.

  83. Steamturd thinking about the remains of Hillary's umbilical stump says:

    I don’t need more time. If it’s truly temporary, so vetting can be increased, which is incredibly difficult when you come from Somalia, I can support it. With obvious exceptions for those who obviously should be allowed to travel freely, I think it’s a fine and fair way to avoid what has happened recently in France, Belgium and Germany. Trumps blew it by doing a terrible job 0n this bans execution and the details of it.

  84. Fabius Maximus says:

    Stu

    Gitmo? Wow, you are scraping for a defense.
    O is no more, as Gary stated back in 2008, “Yes we know what he was, but he’s gone!”

    Welcome to the Brave New World! Workout what you want to defend.

  85. Fabius Maximus says:

    I wish this article had landed before the press conference yesterday . The media could have asked Teresa May in front of Trump of how this applies to all the people forced out of Iran when the Shah was overthrown and then ended up in the UK with Dual Nationality and British Passport.
    http://www.wsj.com/articles/trump-visa-ban-also-applies-to-citizens-with-dual-nationality-state-department-says-1485628654

  86. Steamturd thinking about the remains of Hillary's umbilical stump says:

    Come on…that’s too easy. Trump Somalia or Trump Libya would never exist. It takes decades to recoup development costs. He would never build in a country where it’s so unstable. Only the left would make this a story. Just like there has never been an attack on our country from any of the countries in the ban. No sh1t sherlock. And lets keep it that way.

  87. Grab them by the puzzy says:

    @kenvogel

    Ex-KGB chief suspected of helping compile Trump/Russia dossier found dead in back of car.
    Body sent to FSB morgue.
    telegraph.co.uk

  88. Grab them by the puzzy says:

    @AoDespair

    If you believe in America, show it by refusing to work on the Friday before President’s Day, Feb. 17.
    Let them know.
    #NationalStrike

  89. Fabius Maximus says:

    Come on…that’s too easy. Trump Somalia or Trump Libya would never exist.

    But Trump Turkey Does.

  90. Steamturd thinking about the remains of Hillary's umbilical stump says:

    Turkey is not in the same class. Heck, if Europe wasn’t so racist, Turkey would have been in the EC by now.

  91. Grab them by the puzzy says:

    @Chrislhayes

    Much easier for Trump to make life worse for those he promised to hurt than it will be to make life better for those he promised to help.

  92. Steamturd thinking about the remains of Hillary's umbilical stump says:

    Don’t make me link to pictures of Ankara vs. Allepo.

  93. Fabius Maximus says:

    “.Heck, if Europe wasn’t so racist, Turkey would have been in the EC by now.”

    Actually no.

  94. Steamturd thinking about the remains of Hillary's umbilical stump says:

    Why do you say that? Turkey did everything necessary to join. Every vote, the soc1alists showed their true colors.

  95. Fabius Maximus says:

    Stu,

    I don’t think you understand the underlying issues.
    https://www.nytimes.com/2016/11/24/world/europe/european-parliament-turkey-eu-membership.html

    But if you do, where do you stand?

  96. Fabius Maximus says:

    Because this crap is legal.

    http://www.politico.com/story/2017/01/trump-refugees-lawsuit-iraq-visas-234305

    Are we Great Yet Gary?

  97. Pete says:

    Turd, you like to rail against the pussificaton of America. Seems cowardly to implement a order like this bc there’s a bunch of pusses afraid of the miniscule threat of a refugee or immigrant killing them.

    That’s ignoring the silliness of even thinking this actually lessens The threat of radicalization that may lead to future foreign and domestic terrorist attacks.

  98. njescapee says:

    To all the bleeding hearts out there: Many of us in flyover country appreciate what our President is doing to make us a little more secure. Why don’t you sponsor a family or 2 of refugees If you feel so strongly that you want them to live here. You can then be responsible for their housing, feeding, education and healthcare.

  99. Clotpoll says:

    good morning from france, fcuksticks…

  100. Clotpoll says:

    what the president is doing is sentencing to certain death many who fought and worked alongside our troops. but then again, he’s got experience in stiffing people.

  101. Clotpoll says:

    laugh at france all you want, but:

    1. casual cruelty isn’t a virtue here.
    2. politics here are hugely corrupt, but a crooked pol caught in the act can’t wriggle out of it. the press does its job, for the most part.
    3. people here are not dismissive of drumpf or derisive, like they were with shrub. they’re scared as fcuk he’s gonna start ww3.

  102. yome says:

    What the administration is asking is file sharing with originating countries. We want to know if this people have crime records. Obviously, Iran will not agree.It’s Citizen will be stranded. Today,the rigorous vetting they are talking about is asking questions like,if they support the Islamic State. Etc

  103. yome says:

    Who is affected by Trump’s executive order?

    Citizens of seven Muslim-majority nations – Iraq, Iran, Syria, Somalia, Sudan, Libya and Yemen will be prohibited from entering the U.S. for 90 days.
    Green card holders from any of those countries currently outside of the U.S. will need to report to a local U.S. consulate for “extra vetting,” and admitted or rejected on a case-by-case basis, according to administration officials.
    Refugees seeking asylum in the U.S.: All refugees will be banned from entering the country for 120 days. Refugees from Syria will be banned indefinitely.
    Anyone with U.S. citizenship will not be affected.
    A DHS spokesperson on Saturday told the Associated Press that foreign-born U.S. residents who could have been barred from re-entering the United States under Trump’s immigration order have been allowed back into the country.

    The official said all green card holders from the seven countries who sought to enter the U.S. Saturday were granted special permission.

    Not all aspiring immigrants have been so lucky, however. Since the order has been in force, stories have been emerging about families and individuals aiming to rejoin their loved ones being refused entry to the U.S

  104. The Great Pumpkin says:

    God forbid you investigate who comes into your country.

  105. The Great Pumpkin says:

    And here we are again, liberals choosing foreign citizens rights at the expense of the majority of their own citizens rights.

  106. yome says:

    You can agree or disagree with the guy but he is the first President I know that kept his campaign promises with in the first week of office

  107. The Great Pumpkin says:

    This is similar to the story of forcing the business owner to sell the birthday cake to the homosexual couple even though they didn’t want to.. No problem violating the rights of the business owner to sell to whomever they want. Love to pick and choose who gets rights and who doesn’t, like you are the moral barometer of our country. They can’t accept that for some people, their religious beliefs do not allow them to support homosexuality, but they ignore their rights and force their beliefs on these individuals because that’s what they do.

  108. The Great Pumpkin says:

    Right now, some kid is being abused by his parents in America, but let’s focus on uniting some family of non citizens while your fellow citizens live in absolute terror every day of their life. Once again, the problems of foreigners take precendent over the problems of our own citizens. I guess children living in extremely abusive homes can’t be used to paint trump in a negative light, so we ignore it.

  109. The Great Pumpkin says:

    Saving some foreign refugees matters more than saving the refugees living in our war zones like Chicago.

  110. The Great Pumpkin says:

    How is Chicago any different than Syria? Because they are not using bombs? Those gangs are no different than isis. They terrorize the people’s lives living within their borders. They terrorize every aspect of those people’s lives from school to their homes.

  111. Fabius Maximus says:

    Nice to see the Post trying to polish a turd.

    http://nypost.com/2017/01/26/three-cheers-for-the-state-department-exodus/

    Big question still to be answered, did they jump or where they pushed?

  112. Fabius Maximus says:

    “God forbid you investigate who comes into your country.”

    That’s what the State Department does before issuing a visa. But considering the disarray the State department is in, there will be no visas issued anyway.

  113. Outofstater says:

    njescapee – I agree. I would like to see our immigration policies more in line with New Zealand’s yet I haven’t heard of any protests at their embassies.

  114. Juice Box says:

    Resettlement of actual refugees is being funded by the US government, Trump knows this and the money will be cut off. Our government doled out 550 million for resettlement alone last year, without the money the NGOs like the catholic church and the jewish coalition for disaster relief as well as other organization won’t be moving anybody here.

    If these protesters at the airports really had a heart they would open their wallets and their homes and let them in, they would sign an affidavit of support like my family has and officially sponsor immigrants to move here and live with them. This requires accepting financial responsibility for another person, usually a relative, who is coming to the United States to live permanently. An affidavit of support is legally enforceable for 10 years. We have done it more than more than once in my family. We have another perhaps arriving this year.

  115. Juice Box says:

    Pumps – re:”Saving some foreign refugees matters more than saving the refugees living in our war zones like Chicago.”

    The liberals in NJ have raised it to an Art form. “Syria Supper Club”

    They cook the Syrians dinner and and fund raise, then put them in an Uber ride back to the slums where the refugees suck from the government teat to survive. This one family where the father is a professional welder still cannot find work. They will be here two years soon and still no work.

    All that money spent bringing them here and keeping them here which is one of the most expensive places to live on the planet could have bought them a nice home in Turkey where the average family lives on only $10,000 a year.

    http://www.npr.org/sections/thesalt/2017/01/27/511795672/syria-supper-club-reaching-out-to-refugees-one-dinner-at-a-time

  116. The Great Pumpkin says:

    Juice, exactly, actions speak louder than words.

    That’s my problem with this whole immigration protest. Once again, it’s a certain group of individuals pushing the costs of their dream world on everyone else. You want to go and help these people, no problem, as long as you are not forcing me to pay for it. I could care less, I just don’t want to get stuck holding the bill for your utopian vision like always happens. How many Europeans have already paid the ultimate price with their life, helping refugees, by opening their borders. Go ask their families if it was worth it.

  117. Juice Box says:

    re: “who fought and worked alongside our troops”

    The Iraq people were never a priority. The first resettlement from Iraq after the 2003 invasion was a handful mostly who bought their way out. Four years after the war we had only accepted about 600 refugees. As of today is it the size of a small US city about 85,000.

    Of-course it does not help when a few from the bowl of skittles are actual terrorists.

    “Two Iraqi refugees living in Bowling Green, Ky., have been arrested and charged with violating federal terrorism laws — allegedly plotting to send missiles and other weapons to insurgents to kill American soldiers abroad.

    Waad Ramadan Alwan, 30, and Mohanad Shareef Hammadi, 23, are accused of conspiring to send Stinger missiles, cash, sniper rifles and rocket-propelled grenade launchers from the United States to al Qaeda and other jihadists in Iraq.”

    http://www.nydailynews.com/news/national/bungled-background-checks-iraqi-terrorists-screw-would-be-refugees-helped-american-troops-report-article-1.1523305

  118. Fabius Maximus says:

    Njescapee 11:44

    So what you seem to be saying is that you don’t have a problem with them coming here, they just have to stay with me. So its not a Security issue then!

  119. njescapee says:

    Hey as
    Long as they are allowed in by US Customs why not?

  120. Juice Box says:

    Fabius – sign up your home for Airbnb, it seems the CEO will do the security vetting for you.

    https://twitter.com/bchesky/status/825517729251684352

  121. njescapee says:

    Fab,

    We had people
    Here in Key West and in Ft Lauderdale proclaim allegiance to ISIS. This
    Needs
    To be cleaned up ASAP.

  122. Fast Eddie says:

    Fabius,

    You have no one to root for because your side no longer exists. It’s like Pickett’s Division at the end of Gettysburg. What’s left of your side has become a freak show. The Democrats are not my Father’s party because if they were, I might consider them. As it is now, I don’t consider them nor do I acknowledge them. I don’t care for some experimental social dabbling and not only are they demanding that I comply to it but they have the audacity asking me to pay for it. Whatever you wish for this country to become was rejected and the rejects can’t seem to accept it.

  123. Steamturd, Hate Trumps Cankles says:

    FAB…I think it is. And I fully understand the Turkey Issue. For much of the last two decades (well prior to the coup) Turkey has done everything asked of them to join the EU. Only in recent years have they become less secular. I don’t blame them anymore. They looked for economic help from the West, did what they were asked to and were intentionally left out of the party (since they Muslim). I’ve been following the story since the 90s since I’ve had a small investment in that country through the Turkish Fund.

  124. Steamturd, Hate Trumps Cankles says:

    As for this need to vet immigrants better coming from Muslim countries where there is little to no record keeping, I use Belgium as an example of why it is necessary. The lefty press is claiming that Trump is ignoring countries where he has interests. This is fake news. The countries where Trump has interests are stable. The coup in Turkey was a complete joke anyway. And a massive fail due to lack of effort quite honestly. Then there’s the lefty argument that no terrorist attacks have occurred against Americans in the countries where the delay for vetting is being established. To this I would say, what does this have to do with anything? Terrorists from these countries have attacked elsewhere. Like in Belgium and Germanu and in Africa, or do we not care when brown people from Africa are blown up? It’s nice to see our efforts to thwart terrorism be proactive for a change, rather than reactive. And if Trump added the major (and stable) Muslim countries to the list, the Left would claim that the ban delay for vetting is anti-Muslim and not anti-terrorist. One must be very careful when reading the New York Times and the Washington Post. These are extremely clever writers who employ the same tactics that Bannon has profited off of. Same tactics, different audience.

    I know countless cases of Muslims dressing up as Hasidic Jews and then blowing the doors off of Israeli buses. Who is to say that everyone escaping war in Syria is not a terrorist in hiding. And once these refugees get here, who is to say they won’t become radicalized which is what happened in Belgium and continues to happen in every country that has accepted Muslim refugees with poor vetting. I applaud Trump for doing what Obama did not have the balls to do. Though I fault him greatly on his complete lack of preparation in passing this executive order much like his symbolic repeal of Obamacare where absolutely nothing has nor is probably going to change. I still posit that Trump speaks LOUDLY and carries a nano stick.

  125. Steamturd, Hate Trumps Cankles says:

    So what do the Republican’s here think of Bannon’s appointment to the head the Ministry of Information, I meant, replace the joint chiefs of staff? This is very Goebbels-like of Trump no?

  126. njescapee says:

    You mean like Obama’s use of Ben Rhodes brother of CBS big shot and Claire Shipman from ABCs spouse?

  127. nwnj3 says:

    My complaint with this immigration ban is that it’s no way comprehensive enough. Is letting fewer future terrorists in a good thing? Yes. But so is inciting fewer of them overseas. Tell Saudi Arabia to stop funding medrasas and Israel to stick to the two state solution or we turn our backs on both of them.

  128. Fabius Maximus says:

    Stu,

    The stable countries argument does not hold. In most cases, its the stable countries that are the real issue.

    http://www.nydailynews.com/news/politics/trump-muslim-ban-excludes-countries-linked-businesses-article-1.2957956
    Friday’s executive order, signed at the Pentagon, suspends the issuing of U.S. visas or travel permits to people from Iran, Iraq, Libya, Somalia, Sudan, Syria and Yemen.

    Not a single American was killed on U.S. soil by citizens from any of those countries between 1975 and 201

    In total, Saudi citizens killed 2,369 Americans between 1975 and 2015, according to CATO.

    Egyptian citizens killed a total of 162 Americans between 1975 and 2015.

    A total of 314 Americans were killed by UAE citizens between 1975 and 2015, according to CATO.

  129. Fabius Maximus says:

    Gary,

    I would say its your party that has the issue. At some point it rips itself in two. But Trump won’t end up with the infrastructure side of the GOP.

    http://www.huffingtonpost.com/mike-wood/why-i-am-no-longer-a-repu_b_9873154.html

    The Dems will regroup and continue on as before. They will learn nothing from this. In two or four years, the people that voted Trump will find themselves no better off and the country in worse shape.

  130. Fast Eddie says:

    Fabius,

    Obama is the only U.S. president in history who did not deliver a single year of 3% economic growth. How can it be any worse? Obama preached his gospel and then retreated to his bunker shunning the biggest part of his job – one that requires him to broker deals and compromise with both sides of the aisle. He was touted as this wonderful communicator who avoided contact. He was an absolute failure. Trump is here for 9 days and your side is already drawing conclusions? LOL! The left is freak show, wearing p.ussy hats and breathing flavored oxygen. They’re a bunch of dropouts, weirdos and misfits. Even the unions are gravitating towards Trump. Who’s left for the left to con?

  131. Grab them by the puzzy says:

    @kurteichenwald

    Nixon knew, if he ignored the courts on releasing tapes, he’d have 2 resign 4 violating constitution.

    If Trump ignoring courts, huge deal.

  132. Grab them by the puzzy says:

    @kurteichenwald

    If White House ordered Customs to ignore court orders, we’ve now reach constitutional crisis Nixon refused 2 set off

    To explain:
    Prez doesnt have constitutional authority 2 ignore the courts. If Trump ordered it, we are in an unprecedented moment of history

  133. Grab them by the puzzy says:

    @paulkrugman

    Given the level of skill, planning, and consultation with experts on the refugee ban,

    how well do you think infrastructure push will go?

  134. Grab them by the puzzy says:

    Fake News ========>

    Fast Eddie says:
    January 29, 2017 at 2:16 pm
    Fabius,

    Obama is the only U.S. president in history who did not deliver a single year of 3% economic growth. How can it be any worse? Obama preached his gospel and then retreated to his bunker shunning the biggest part of his job – one that requires him to broker deals and compromise with both sides of the aisle. He was touted as this wonderful communicator who avoided contact. He was an absolute failure. Trump is here for 9 days and your side is already drawing conclusions? LOL! The left is freak show, wearing p.ussy hats and breathing flavored oxygen. They’re a bunch of dropouts, weirdos and misfits. Even the unions are gravitating towards Trump. Who’s left for the left to con?

  135. Comrade Nom Deplume, Who doesn't care when you got your bottle. says:

    So much BS on the immigration issue being strewn, I’m staying out of it. And our immigration laws are so Byzantine, it makes the tax code look logical.

    That said, I propose a solution: Trump can delegate responsibility for taking in refugees to willing states. But those states must monitor their refugees and must waive sovereign immunity for any crimes their charges commit.

    I’d be shocked if there was anything other than crickets or howls of outrage.

  136. Anon E. Moose, proud owner of Silk City Bourbon ver 2.36/114 says:

    Grab them by the puzzy says:
    January 27, 2017 at 8:27 am
    @jonfavs

    Republicans take control of Washington,
    and immediately charge taxpayers at least $14 billion for a concrete wall.
    Good voting everyone.

    Since you simultaneously mock Trump re: “Puzzy” and loving quote @jonfavs, the folks here should have a gander at what @jonfavs (aka, Democratic speech writer Jon Favreau) does in his spare time.

    F*&k you, you f*&king hypocrite.

  137. Anon E. Moose, proud owner of Silk City Bourbon ver 2.36/114 says:

    Grab them by the puzzy says:
    January 29, 2017 at 3:16 pm
    @paulkrugman

    Given the level of skill, planning, and consultation with experts on the refugee ban,

    how well do you think infrastructure push will go?

    “If the question is when markets will recover, a first-pass answer is never.” – Paul Krugman, Election Night 2016. The DJIA is + 1,761 pts (just shy of 10%) in the two months since the [ahem] Nobel Laureate economist and resident scholar at the august CUNY institute of 13th grade education brought forth his prognostication.

  138. Anon E. Moose, proud owner of Silk City Bourbon ver 2.36/114 says:

    TDS is real, folks.

  139. Fabius Maximus says:

    Meanwhile further on behind this scenes this is going on.

    https://www.yahoo.com/news/gates-says-big-mistake-push-134814627.html

  140. Fabius Maximus says:

    Gary, O is gone. Whats the point harping on about 3%. Its all aboout the Trump. Embrace the Orange, you own it!

    Now if you want to discuss a president dividing a nation. You can have that discussion with Trump.

Comments are closed.