Pending Home Sales up 3.9% YOY in October

From the WSJ:

Pending Home Sales Rise 0.2% in October

The number of existing homes that went under contract in the U.S. inched up in October, a sign the housing market remains stable heading into the final months of the year.

An index measuring pending home sales—a gauge of purchases before they become final—rose 0.2% to a seasonally adjusted reading of 107.7 in October, the National Association of Realtors said Monday. An index of 100 is equal to the average level of contract activity during 2001.

Economists surveyed by The Wall Street Journal had predicted a 1.5% increase in October sales. September’s reading was revised to a 1.6% decline from an initially estimated 2.3% drop. The index peaked for the year in May and has mostly edged down since.

It typically takes a month or two for a home purchase to be completed. When the sale is finalized, it is registered in the Realtors’ more closely watched existing-home sales report. That report showed sales of previously owned homes, roughly 90% of the overall housing market, reached a post-recession peak of a 5.58 million annual pace in July, and hovered slightly below that level this fall.

The industry group said the pace of sales plateaued in recent months because buyers are finding a small number of available homes and prices are rising quickly in some markets.

“In the most competitive metro areas—particularly those in the South and West—affordability concerns remain heightened as low inventory continues to drive up prices,” said Lawrence Yun, the NAR’s chief economist.

Monday’s report showed pending home sale were up 3.9% from a year earlier in October.

On the month, sales increased in the Northeast and West, but fell in the South and Midwest.

This entry was posted in Economics, Housing Recovery, National Real Estate. Bookmark the permalink.

125 Responses to Pending Home Sales up 3.9% YOY in October

  1. anon (the good one) says:

    test

  2. chicagofinance says:

    ? Scary? What do you think Obama’s machine has been doing since 2008? Who has all the young people (i.e. Silicon Valley talent) under its thumb to do its bidding……gratis!

    Fabius Maximus says:
    December 1, 2015 at 6:41 am
    Scary but inevitable.
    http://www.politico.com/story/2015/11/the-koch-brothers-intelligence-agency-215943

  3. Essex says:

    3. Wtf?

  4. For getting started with commercial real estate investing, you have to do a lot of spade work. Find out the amount of rent paid by the previous tenants. Check out about what kind of businesses flourish in this particular area, etc. If you spend some time on all this and find out what it is that ticks in commercial real estate, then you will be profiting financially. see more, [http://www.jalilirealty.com] Commercial real estate

  5. WickedOrange says:

    Luxury Williamsburg Apartment Building Turns Out To Be Death-Trap
    http://gothamist.com/2015/11/30/menachem_stark_evactuation.php

  6. joyce says:

    Dec 1, 2015 – A team of European researchers have unveiled a scientific model showing that the Earth is likely to experience a “mini ice age” from 2030 to 2040 as a result of decreased solar activity.
    http://www.express.co.uk/news/science/616937/GLOBAL-COOLING-Decade-long-ice-age-predicted-as-sun-hibernates

  7. Juice Box says:

    re # 8 – They are busy talking about climate control for the next two weeks in Paris, when they really should be taking about population control.

  8. joyce says:

    4
    http://nypost.com/2015/11/26/swastika-is-a-symbol-of-peace-elite-school-tells-sixth-graders/
    ^^ is the original article, from the vague sparse comments in the article, it sounds like what was taught was correct but incomplete.

  9. leftwing says:

    From 3.

    “While the Republican Party focuses on winning elections, the Kochs want to realign American politics, government, and society around free enterprise philosophies that they hope to spread more broadly”

    This is bad?

    Democracy is seriously overrated. Simply mob rule. Most major ‘democracies’, including our own, were never intended to be pure democracies, ie. one vote for every citizen.

    There have always been screens and filters.

  10. leftwing says:

    8. LOLOL. I hope it happens. All the little liberal ants so busy moving grains of sand around and the big boot of the sun just comes right down and stamps out all their efforts.

    Only thing better would be if they decamp to VT en masse, vacating their Upper West Side coops in anticipation of rising temperatures and oceans, and freeze their arses off.

  11. joyce says:

    Nope, not in the least. I only wish they were better at it, and went after the true problems and left the low hanging fruit alone.

    leftwing says:
    December 1, 2015 at 10:47 am
    From 3.

    “While the Republican Party focuses on winning elections, the Kochs want to realign American politics, government, and society around free enterprise philosophies that they hope to spread more broadly”

    This is bad?

  12. Comrade Nom Deplume, screwing around at work says:

    [12] leftwing

    “Only thing better would be if they decamp to VT en masse, vacating their Upper West Side coops in anticipation of rising temperatures and oceans, and freeze their arses off.”

    Oh come on. It’s bad enough that they do that 2-3 weeks of the year. Totally ruined Vermont for me. Now skiiing is like driving on the Turnpike.

    The only good thing is that I can come armed and freak out a few NYC hipsters.

  13. Comrade Nom Deplume, screwing around at work says:

    Off to Cabela’s in Delaware to pick up that load of .556 I ordered. Super sale price, no sales tax, and used points. Can’t get .223 that cheap. And since I have to go there anyway, the drive pays for itself.

  14. Comrade Nom Deplume, screwing around at work says:

    [11] leftwing

    “the Kochs want to realign American politics, government, and society around free enterprise philosophies that they hope to spread more broadly”

    Take out “Kochs” and “free enterprise” and you can replace them with any number of leftist groups, think tanks, and philosophies.

    anon is pissed that someone is pushing back. Left=hypocrisy.

  15. leftwing says:

    14/15.

    A memory that still has me busting out laughing is from about 4 holidays ago when my then 11 year old strolled across a WalMart parking lot in upstate NY the newly purchased shotgun from grandma and grandma. The couple coming toward us across the lot were obviously not from the area and unaware of the gun section in the local WalMart.

    Guy literally pulled a Fred Sanford big one heart attack. Wraps his arm around his wife, wild eyed and hyperventilating, thought he was going to keel over.

    My oldest, to stereotype, looks at the guy with concern. My youngest throws him a glance like he’s a bug he’d like to step on.

  16. chicagofinance says:

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    December 3, 2015 | 4 p.m. ET
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  17. Libturd in Union says:

    How long before we go back to picking fun at the French?

  18. Fed Raise? Maybe not.

    US ISM manufacturing at 48.6 in Nov vs 50.5 expected

    The U.S. manufacturing sector contracted in November, falling to its worst levels since June 2009, when the economy was still in the midst of a recession, according to an industry report released on Tuesday.

    The Institute for Supply Management (ISM) said its index of national factory activity fell to 48.6, the first time the index has been below 50 since November 2012, after reading 50.1 in October. The reading was for expectations of 50.5, according to a Reuters poll of 77 economists.

    http://www.cnbc.com/2015/12/01/us-ism-manufacturing-nov-2015.html

  19. joyce says:

    Maybe never

  20. chicagofinance says:

    Did you see this from yesterday?

    chicagofinance says:
    November 30, 2015 at 2:14 pm
    This video is pretty g-damned interesting……I wonder how candid it is? Not that I have an opinion either way….
    http://finance.yahoo.com/news/charles-koch–my-body-is-full-of-harpoons-202130428.html

    leftwing says:
    December 1, 2015 at 10:47 am
    From 3.

    “While the Republican Party focuses on winning elections, the Kochs want to realign American politics, government, and society around free enterprise philosophies that they hope to spread more broadly”

    This is bad?

    Democracy is seriously overrated. Simply mob rule. Most major ‘democracies’, including our own, were never intended to be pure democracies, ie. one vote for every citizen.

    There have always been screens and filters.

  21. Fabius Maximus says:

    #3 Chi

    There is a difference between compiling mailing lists of potential supporters and donors and setting up a Hoover/NSA style system to track and target your enemies.

    It’s a subtle difference, so you may have missed it.

  22. Libturd in Union says:

    When your enemy is taking bribes from the Soviets to sell Uranium to those who shouldn’t have access to it, such a system becomes a necessity.

  23. Libturd in Union says:

    Plus, who wouldn’t want to spy on those sexy cankles.

  24. chi (19)-

    My mom kept a loaded Winchester 22/410 over/under beneath her bed until the day she died. Had a Remington 30.06 ready to go in her walk-in closet, too.

    “Wealth Management Continuing Education Seminars (clot Edition):

    Complimentary Webcast for CE | Administering Unusual Assets with Purpose Trusts: What To Do When You Find Out Grandma Had a Gun Collection
    Powered by Investment Management Consultants Association® (IMCA®)”

  25. expat (21)-

    ZIRP until the endtimes. Even if they raise this month, the next move will be some sort of QE helicopter to silence all the babies on Wall St.

  26. Libturd in Union says:

    We are finishing our basement in a few weeks. When cleaning out some old bookshelfs, we found an old Remington gun cleaning kit box. It was empty, but still pretty cool.

  27. God is telling you to buy a gun, Stu.

  28. How do we sic the Koch brothers on gluteus?

  29. Ragnar says:

    BTW The Koch management book “The Science of Success” is decent conceptually. The key point is you empower employees to behave entrepreneurially, while holding them accountable and rewarding them for creating economic value (i.e. generating a return on investment). Yet I thought the book was too short and didn’t have adequate detail in terms of implementation. Interesting to note, Koch told the story of how they were forced to get involved in politics out of self defense, after several business projects were impaired by regulation.

  30. Fast Eddie says:

    I have a few pro left, save the world, peace on earth progressive types here at work. What I find interesting with these types of muppets is that no matter what you’re discussing, they need to braid their opinions and beliefs into the conversation. “I had a kronut the other day and…. [interruption]… DO YOU KNOW THE AMOUNT OF GREEN HOUSE GASES PRODUCED TO MAKE ONE OF THOSE THINGS?”

    They’re always angry and are clueless that their little, useless agenda adds zero on the value scale. It’s like the Occupy crowd that stops me on the street during lunch time. When their purpose is to save the deserts, feed the whales or whatever, I ask them why they’re wearing jeans, wool hats and have an iShit device? I ask them about the slave labor used, the manufacturing processes or the earth’s resources required to make these things that they’re selfishly abusing. Of course, my approach is subtle and polite but I have yet to be impressed by a response.

    By isn’t this a lefty agenda? To pretend to be aware, to have compassion and to make a difference? If someone would only pay for it all, then their life would be complete.

  31. Fabius Maximus says:

    #27 Lib

    You make a better argument when you leave the misogyny out of it.

  32. Ragnar says:

    Fast Eddie,
    Your cantankerousness cheers me up.
    Not only do their agendas do nothing to make the world a better place, their agendas actually make it less likely that poor people are able to do useful work, and less likely that poor people will be able to have the electricity, homes, cars, and gadgetry that they take for granted, as if it just magically showed up.
    Our young world-savers are today’s Marie Antoinettes. Instead of “let them eat cake” they ask the poor to eat expensive and easily failing non-gmo crops, use expensive sources of “green” energy, build only the more expensive “green” houses and cars, etc. If you cannot afford a Tesla, then you just shouldn’t be allowed to have a car, should you? Who cares about the dirty Chinese rare earth mines involved in batteries and motors? When you’re saving the world, sacrifices must be made.

  33. Fabius Maximus says:

    #34 Rags

    Koch industries is a funny company. In some parts of their business they are environmental leaders. When it suits their bottom line they do have state of the art paper mills that don’t waste energy and reuse resources like water. On the other end they will take an environmental Sh1t and complain when they are made to clean it up.
    I recall one of their big complaints was being fines for not having and emergency plan for one of their chemical plants. As their spill record is not the greatest, asking them to have a plan to avoid having a Bhopal type incident should not be that over reaching.

  34. Is JJ still around? Still invested in PR power authority and/or general obligation bonds?

    Puerto Rico Narrowly Avoids Default—Sort of

  35. Fabius Maximus says:

    # 37 Rags

    A very disingenuous argument. While, yes the biggest strides can be made in the third world, it needs the support and drive of the first world countries to do it
    Here in the first world, just because you can polute does not mean you have to. Small changes in both worlds can have a big effect. No we are not asking for all cars to be Teslas, but moving the third world off two stroke motorcycles onto 4 Stroke, is a major step. Replacing carbon burning cooking stoves with Solar ovens in equatorial countries is a small step with big benefits. Moving the fuel efficiency of a Ford F15o from 16/19 mpg in 2005 to today’s 19/26mpg is another small step in the right direction.
    Yes, rare earth mining is dirty, so is Aluminum extraction. But once out are both reclaimable and recyclable.

  36. Essex says:

    34. / 35. What neither of you knuckle draggers fail to realize that is without regulation, people die. Of course they usually aren’t the men that you fantasize about, the guys in the upper echelon in the offices, but they are the poor schlubs that have to go underground to mine.

  37. joyce says:

    Has anyone died because of regulations?

  38. Essex says:

    42. Millions of bureaucrats….but usually of old age.

  39. Libturd in Union says:

    “You make a better argument when you leave the misogyny out of it.”

    Oh I get it. If you don’t like Obama, you’re a racist.

    If you don’t like Hilary, you’re a women hater.

    But to make fun of a certain Republican’s weight problem….well that’s perfectly acceptable.

    Moron.

  40. Fast Eddie says:

    What neither of you knuckle draggers fail to realize that is without regulation, people die.

    How naïve.

  41. Ragnar says:

    Without capital and industrial progress, people die even earlier.
    Easy to say that forcing the price of a motorcycle up from $800 to $1000 is progress, by making it illegal to use a less efficient engine. But to the 5% of the people in certain poor countries who are thus unable to afford a motorcycle, and then cannot get a job out of the country, or cannot quite afford school, or dies because the cheap 10 year old motorcycle fails, or the girl who cannot get married because her family cannot afford a new motorcycle to give as a dowry, that regulation doesn’t feel like progress.

  42. joyce says:

    Pretty sure it’s everyone but the bureaucrats who are affected. Anyone else die?

    Essex says:
    December 1, 2015 at 3:03 pm
    42. Millions of bureaucrats….but usually of old age.

  43. joyce says:

    Obviously, no one can see the unseen… but not caring about the consequences (or pretending they dont exist) is terrible.

    Ragnar says:
    December 1, 2015 at 3:14 pm
    Without capital and industrial progress, people die even earlier.
    Easy to say that forcing the price of a motorcycle up from $800 to $1000 is progress, by making it illegal to use a less efficient engine. But to the 5% of the people in certain poor countries who are thus unable to afford a motorcycle, and then cannot get a job out of the country, or cannot quite afford school, or dies because the cheap 10 year old motorcycle fails, or the girl who cannot get married because her family cannot afford a new motorcycle to give as a dowry, that regulation doesn’t feel like progress.

  44. Libturd in Union says:

    There are no regulations in my safe space.

  45. Juice Box says:

    re: “without regulation, people die”

    No amount of regulation can fix stupid.

    Case in point Air Asia flight Flight QZ8501 crash.

    Broken rudder computer, pilot improvised and pulled the circuit breaker to reboot the computer, plane stalls as pilot yells to co-pilot who is flying manually and climbing at a way to fast rate “pull down” instead of “push down” and airplane stalls during confusion and falls straight down.

    http://www.upi.com/Top_News/World-News/2015/12/01/Air-Asia-QZ8501-crash-was-due-to-continual-malfunction-pilot-flaws/1101448968236/

  46. Essex says:

    49. Yes, but who needs rules when you are in a snuggly….?

  47. Essex says:

    I think it’s pretty obvious that when left to their ‘own devices’ people will exploit each other and often this takes the form of dangerous practices that lead to all kinds of health issues and long term problems for the unwitting and often helpless conscripts. Limited opportunities and little of no regard for safety leads to crap like this…http://www.wvminesafety.org/disaster.htm

  48. NJT says:

    #44

    Three definite Narcissists with one probably a Sociopath (guess witch…pun intended) in the ‘Cluster ‘B’ Spectrum.

    Who’s going to be the third party candidate? Hmmm….this time I might really have to vote for Mickey Mouse or… Donald Duck (not that it matters).

    *Keeping this Real Estate related:

    What can one do about squatters wrecking an abandoned house? (the police are not interested).

  49. Essex says:

    44. aside from his weight, he’s been terrible for the state of NJ. So you won’t find much in the way of sympathy here.

  50. Fabius Maximus says:

    #44 Lib

    You’re the one playing that card. Stick to gender. What is the political relevance of “cankles” outside of Misogyny?

  51. joyce says:

    Sounds exactly what the government is setup to do and is used for…

    Essex says:
    December 1, 2015 at 3:39 pm
    I think it’s pretty obvious that when left to their ‘own devices’ people will exploit each other and often this takes the form of dangerous practices that lead to all kinds of health issues and long term problems for the unwitting and often helpless conscripts.

  52. joyce says:

    Men can have cankles too. Another example of someone needing to be offended and seeing what they want to see.

    Fabius Maximus says:
    December 1, 2015 at 3:47 pm
    #44 Lib

    You’re the one playing that card. Stick to gender. What is the political relevance of “cankles” outside of Misogyny?

  53. joyce says:

    Government granted limited liability leads to crap like that.

    Essex says:
    December 1, 2015 at 3:39 pm

    Limited opportunities and little of no regard for safety leads to crap like this…http://www.wvminesafety.org/disaster.htm

  54. Fabius Maximus says:

    #59 Joyce

    Show me were Reagan’s were discussed. Or show us where they have ever been discussed in reference to a male politician?

    It’s a misogynistic statement with no relevance and no defense.

  55. joyce says:

    Who has made the fact that she’s a female candidate the primary headline of her candidacy … her.

    All insults related to someone’s physical appearance are irrelevant.

  56. Juice Box says:

    re: “All insults related to someone’s physical appearance are irrelevant.”

    Never in the history of politics in this country has appearance not been relevant. Nasty political mud-slinging. Campaign attacks and counterattacks. Personal insults. Outrageous invective in the press. Dire predictions of warfare and national collapse have always been invoked in our political process going back to the beginning of this republic.

    Anyone who thinks it is unfair or any other adjective like immoral or unethical needs to open a book and re-read up on our history.

  57. joyce says:

    JB,
    Calling something irrelevant does not imply it is somehow a new development.

  58. Fabius Maximus says:

    #62 Joyce

    And the relevance of that can be debated and dismissed without the need for misogynist comments.

  59. Juice Box says:

    My comment is omnidirectional, dislike and hatred is the name of the game of politics Hillary has cankles, and Trump has a chia pet for hair, and it is coming from all sides. I have seen the press put up quite allot of flack trying to take Trump down calling him the laughing stock of the 2016 presidential election, same for Bernie. Everyone can and will chime in and little of it will be calling any of these candidates attractive. 2016 is going to be the race to the bottom.

  60. Ragnar says:

    Fabmax,
    You need to be open minded and respect that Libturd lives in a different microculture than you. In his native community it’s considered ok to speak about the big swollen cankles and the priapic husbands of aspiring female authority figures.

  61. Juice Box says:

    Fabious – just go back to your safe space already, misogynist or any other negative adjective will be flying out of people’s mouths all election season don’t be so naive if you are going to play in the sandbox.

  62. joyce says:

    If Libturd were to call Hillary fat, is that a misogynistic comment? No, because fatness is not related to only females. Neither are cankles.

    Fabius Maximus says:
    December 1, 2015 at 4:24 pm
    #62 Joyce

    And the relevance of that can be debated and dismissed without the need for misogynist comments.

  63. jcer says:

    Regulations are a funny thing. Yes needed but often unfair and loopholes. Good regulations are simple, enforceable and violations punished appropriately so as to make people actually try to abide by the regulations. Our banking regs are the opposite, nobody but giant banks can hope to comply, everything is cooked, liabilities are modeled to look like assets,etc and only those with deep enough pockets can do it thus further enforcing the too big to fail monolith banks and financial firms.

  64. Juice Box says:

    re # 70 – Didn’t the Fed just end TBTF? Nope they hedged……

  65. The Great Pumpkin says:

    Well said. Human nature is joke and ruins everything. Rags and I can go back forth all day over which type of economic system works best, but you want to know the truth? It doesn’t matter what system it is, all that matters is what kind of human nature is guiding this system. If it’s good natured, then you will see a positive system that works for the participants of the system. If it’s bad natured, then you will see a negative system that does not work for the participants of the system. It really is as simple as that.

    If you wanted real progress, you would have people come together for the greater good. No more fighting each other over nonsense. Democrats and republicans coming together and getting voted in on the “good” they provide for the system. Instead, we are stuck picking from bad natured individuals, overcome with greed, unable to work together because they want it all for themselves. We vote for the one that can play dirtier. The more slime you throw at your opponent, the better your chances of getting elected. What a broken system and it’s all due to human nature and how we cope with the seven deadly sins. I can only imagine the progress that could be made if humans weren’t too busy fighting each other over bs. I can only imagine. Instead the bad leadership found all over the world are busy thinking of how to take more for themselves by creating constant fear and warfare. We are their puppets, now lets keep doing a good job of bashing the enemy…..ourselves.

    Juice Box says:
    December 1, 2015 at 4:33 pm
    My comment is omnidirectional, dislike and hatred is the name of the game of politics Hillary has cankles, and Trump has a chia pet for hair, and it is coming from all sides. I have seen the press put up quite allot of flack trying to take Trump down calling him the laughing stock of the 2016 presidential election, same for Bernie. Everyone can and will chime in and little of it will be calling any of these candidates attractive. 2016 is going to be the race to the bottom.

  66. The Great Pumpkin says:

    72- In history, there were a few kings that did good for the people ruled over, but an overwhelming majority were selfish pricks that did nothing for their people, but take advantage and send them to war. These kings have taken on new names in modern times, but nothing has changed but the titles. They are still taking advantage of the majority of the population and holding back “true progress”.

  67. Essex says:

    58. The government will serve best those with ‘land’ or assets. Those who can afford litigation and who present themselves in a way that allows them to beat the system.

  68. Essex says:

    Pressured to prove that Airbnb isn’t robbing New York City of affordable housing and turning buildings in popular neighborhoods into international party hostels, the company released data today that is much less dire than a report issued by New York Attorney General from roughly a year ago, though it appears that most Airbnb hosts in the city are breaking state law.
    The AG’s report stated that from 2010 through early June of 2014, $168.3 million, or 37% of revenue generated by Airbnb hosts, came from hosts with three or more listings.
    According to Airbnb’s numbers, from November of 2014 through November of this year, only 6% of host revenue came from those who had three or more listings.
    The median amount made by Airbnb hosts over the past year was $5,110; hosts in “Outer Manhattan” made the most, at $6,558, followed by “Central Manhattan” ($5,445) and Staten Island ($5,221), despite there being only 200 listings in the borough to Outer Manhattan’s 13,400.
    The data, which can be inspected if you make an appointment at Airbnb’s New York City offices, states that 55% of Airbnb’s users are renting out their entire apartments while they’re gone, rather than a single room when they’re present, which for most residents against the law.
    In a release, Share Better, the group that’s extremely critical of Airbnb that includes city and state elected officials, as well at the Metropolitan Council On Housing, called the company’s release a “whitewash.”
    “By Airbnb’s own analysis they’re admitting most of their revenue comes from illegal home rentals that take precious housing units away from regular everyday New Yorkers,” the release states. “It’s gratifying to see Airbnb finally recognize they’re undermining affordable housing, and hopefully their next step will be to do something about it by kicking off known lawbreakers from their platform.”
    A spokesperson for state Attorney General Eric Schneiderman said their office had no comment on the numbers.

    Source: Gothamist

  69. Essex says:

    If you were doing anything that even closely resembled “having a life” over the Thanksgiving Day weekend, you might have missed the news that the New Hampshire Union Leader handed out a (relatively early) Republican primary endorsement to New Jersey Governor Chris Christie.

    It’s a pretty big deal. As Toby Harnden wrote — so sagely! — back in 2011, “It’s easy to dismiss the importance of today’s endorsement of Newt Gingrich by the New Hampshire Union-Leader.” Indeed. So easy.

    But not dismissing the paper’s latest choice entirely is Tom Moran, the editorial page editor of Christie’s home state newspaper, The Star-Ledger. Moran, as it turned out, was very puzzled as to why the Granite State paper endorsed Christie. So he called up his counterpart in Manchester, the Union Leader’s editorial page editor, Grant Bosse.

    They had a nice conversation. Got down to brass tacks. Discussed several matters germane to Christie’s record. And afterwards, Moran came away with the story: No one at the Union Leader actually knows what they’re talking about.

    “The [Union Leader] knows almost nothing about his record as governor,” wrote Moran.

    Cool, cool, the system works.

    It’s not as if the Union Leader didn’t attempt to make a case for Christie. The paper noted that Christie “has prosecuted terrorists” and “dealt admirably with major disasters” and “he tells it like it is and isn’t shy about it.” And if that sounds like maybe the Union Leader was working off research culled from a coloring book about Chris Christie, well, you aren’t the only one to think so. During his talk with Bosse, Moran went over several key details about Christie’s governorship, only to discover that Bosse wasn’t particularly well-versed in any of them.

    Just to give you a sense of the level of the room at the Union Leader, “It has nothing to do with [Christie],” was Bosse’s response to Moran’s inquiries about Bridgegate.

    It gets worse from there. Per Moran:

    How about pension reform? The board in Manchester did not know that Christie broke his core promise on that by skipping pension payments. “I don’t know if we went into the weeds on pension reform,” Bosse said.

    The editorial said he “dealt admirably” with Sandy. That would come as a shock to the actual victims, 60 percent of whom say they are dissatisfied with the state’s response.

    On jobs, the paper saw no reason to check Christie’s dismal record. “Politicians don’t create jobs, so we didn’t want to give that any credibility,” Bosse said.

    How about the state’s nine credit downgrades on Christie’s watch as governor?
    “Durrrrrr,” replied Bosse. (I’m paraphrasing.)

  70. joyce says:

    Exactly, so when comparing this to your original comment, you don’t seem to appreciate the contradiction.

    Essex says:
    December 1, 2015 at 5:09 pm
    The government will serve best those with ‘land’ or assets. Those who can afford litigation and who present themselves in a way that allows them to beat the system.

    Essex says:
    December 1, 2015 at 3:39 pm
    I think it’s pretty obvious that when left to their ‘own devices’ people will exploit each other and often this takes the form of dangerous practices that lead to all kinds of health issues and long term problems for the unwitting and often helpless conscripts.

  71. Essex says:

    77. not sure i follow. you seem a tad unbalanced….

  72. joyce says:

    78
    That’s funny.
    You initially advocate in favor of government intervention because people will exploit each other if left to their “own devices.” And then you follow it up with a comment mentioning how rich and well-connected people will use said government to “beat the system.”

    follow?

  73. Essex says:

    I do….but just because someone will integrate into said system, doesn’t necessarily mean that they will exploit hundreds of people along the way.

  74. joyce says:

    Right, and similarly, the lack of a (govt) system doesn’t necessarily mean that an individual will exploit hundreds of people.

  75. Essex says:

    81. I dunno Joyce, your arguments are a little empty here. I mean looking at the track record of ‘industry’ for example and just the general working conditions and overall mortality of those in these places over the decades, you’ll see that often the oversight creates places that may not kill you quickly…..I’m talking about dangerous work here.

  76. Essex says:

    Look at modern retailers/fast food venues that pay wages so low that government has to step in a subsidize employees with benefits that we pay. So we have to legislate a minimum wage just to ensure we aren’t paying these working people to work at these crappy jobs.

  77. Comrade Nom Deplume, the anon-tidote says:

    [36] Rory Martin

    “You make a better argument when you leave the misogyny out of it.”

    Oh quit being such an Orwellian c*nt.

  78. chicagofinance says:
  79. joyce says:

    82-83
    You’re not looking at the full picture. Who’s protecting the industry from liability? Who’s creating the inflation that reduces real wages and then offers subsidies so that industry can lower them even more?

  80. chicagofinance says:

    Excellent quote…..
    “Obama Speaking in Paris: Mass Shootings ‘Don’t Happen in Other Countries’ ”—headline, Mediaite, Dec. 1

  81. Essex says:

    I am looking at the wild west — with out rules at least….

  82. NJT says:

    Pumps – 2-12% ( I say more) of any human population are ‘Cluster B’ types (Narcissist all the way to Psychopath – it’s a spectrum). No empathy, no regrets/remorse and all about THEM, ALL the time. ‘Control’ of others and/or a situation is all that matters, to them (even if it means their demise).

    Yeah, have had to deal with these entities several times. Hopefully not again. Best thing to do is avoid these ‘black holes’. Hope you never encounter any but odds are you will. Oh, and when you do…(if you have to – and you will) act swift, decisive and impersonal using the law as it’s all they understand/fear.

    – Fellow Landlord.

    *Fighting them personally is a waste of time and energy see: ‘tar baby’.

  83. joyce says:

    Imagining it, you mean.

    Essex says:
    December 1, 2015 at 6:01 pm
    I am looking at the wild west — with out rules at least….

  84. Essex says:

    It’s ugly out there Joyce, but it could be much, much, much worse.

  85. Essex says:

    92….what a Twit (er) — there you go….unregulated speech. Everyone now has the ability to broadcast to thousands (or millions) ….and we leave it to the individual to moderate themselves…..but the individual isn’t capable of such moderation. Hmmmm.

  86. Essex says:

    Oh, yeah…and EVERY American has the right to bear arms. Especially mentally ill f*cks living in trailers with no electricity and a penchant for violence….Yep, how’s that working for us?

  87. The Great Pumpkin says:

    Millennials have it made!

    If you can’t understand why your child has become more embracing of socia!ism and fearful of capitalism, here’s why. This is what happens when a generation of adults take a giant sh!t on the generation below them.

    “The national voter base is much different from Vermont’s, but Democratic politics have become more Vermont-like in recent years. It’s safe to say that Mr. Sanders’s candidacy would not be taken as seriously if the 2008 economic recession hadn’t lit a fire under progressive Americans’ seats. The same plutocratic disaster that inspired Occupy Wall Street also helped push progressives like Senator Elizabeth Warren of Massachusetts into office.

    It’s also what has filled a new generation of young Americans with righteous rage. Compared to the baby boomers, millennials earn less, have more student loan debt, and can’t afford to buy homes.

    Young people appear to be warming to social!sm in ways their parents probably never would have considered. A 2011 Pew Research Center study found that just 31 percent of the American public had a positive view of the term “social!sm,” compared with 50 percent for “capitalism.” But among 18- to 29-year-olds, 49 percent had a positive view of “social!sm,” while 46 percent had a positive view of “capitalism.” Trust in capitalism was further eroded among black and Hispanic respondents.”

    http://www.nytimes.com/2015/12/01/opinion/campaign-stops/bernie-sanders-your-cool-social!st-grandpa.html

  88. The Great Pumpkin says:

    Good post and great advice. Thanks!

    Totally agree.

    NJT says:
    December 1, 2015 at 6:04 pm
    Pumps – 2-12% ( I say more) of any human population are ‘Cluster B’ types (Narcissist all the way to Psychopath – it’s a spectrum). No empathy, no regrets/remorse and all about THEM, ALL the time. ‘Control’ of others and/or a situation is all that matters, to them (even if it means their demise).

    Yeah, have had to deal with these entities several times. Hopefully not again. Best thing to do is avoid these ‘black holes’. Hope you never encounter any but odds are you will. Oh, and when you do…(if you have to – and you will) act swift, decisive and impersonal using the law as it’s all they understand/fear.

    – Fellow Landlord.

    *Fighting them personally is a waste of time and energy see: ‘tar baby’.

  89. joyce says:

    Pass whatever you’re smoking today, Essex.

  90. Fabius Maximus says:

    Looks like Fast Eddie, bought too soon.

    Realistic seller in Park Ridge, selling $50K lower than the 2004 purchase price, to get back to Florida for the last of the Snowbird Season.

    http://tinyurl.com/GarysDream

  91. The Great Pumpkin says:

    Joyce, do you understand human nature? Why in the world would you ever grant some of these people the ability to do whatever they want? Take away laws, and there is no way to try and hold these people down. Of course, the same argument can be made that they will just hijack the govt (which they do) and create laws to benefit themselves. Thing is, I’ll take the option that makes it the most difficult for these sick greedy masters of the universe to get what they want. If they have to buy lobbyists and spend a sick amount of money on bribing the political process (like the Koch brothers do) to get what they want, so be it. It’s better than letting them get whatever they want for free. Just think, why in the world would the koch brothers devote so much money to politics? Why? Because they are good people with good intentions? Come on now, we have seen this same play over and over again throughout history. You expect me to believe that the koch brothers are spending all this money because they want a better America? Save me the bs, I do not want to hear it.

    joyce says:
    December 1, 2015 at 7:58 pm
    Pass whatever you’re smoking today, Essex.

  92. Fabius Maximus says:

    #68 Joyce

    It comes down to Cankles are misogynistic. You can point out the outlier that men have them, but again show where it has been discussed for any male politician. In fact lets see what you come up with for any male Cankles in general.

    Calling her fat is not. Fat as shown with CC is not gender specific. It is mostly irrelevant outside the “one heartbeat” discussion.

    But that’s not the argument here. When Trump goes after Carly Fiorina on Plastic Surgery, is that misogynistic or fair game? I can’t recall the last male politician called out for a little nip and tuck. (Boneheads bad tan does not count)

  93. The Great Pumpkin says:

    My friend is dead on.

    “Breaking news: Terrorists are rarely ideologically coherent or consistent. They’re usually just crazy and/or assholes, who find and use political narratives they find convenient for justifying and motivating their violence.”

  94. joyce says:

    99,
    Do you understand the English language? They are not able to do what they want without the government bureaucracy wielding its power.

  95. Fabius Maximus says:

    #84 Tin Pot McCarthy

    What is Orwellian about respect for the individual. Revel in your personal insults and Ad Hominem, I’ll pass.

    I don’t care if you call me a c*nt, Lib calls me a moron (although I object to the use of that term in general), or Clot calls me a (honestly, I can’t repeat it). I put it down to a reflection on the name caller, than on me.

  96. The Great Pumpkin says:

    You take away govt, and they have more money than anyone else. Will they not become some form of govt one way or the other in this position?

    You think because there is a govt, this is where their power comes from? You truly believe this? I don’t know, but don’t you think money is where their power comes from? Take away govt and they will still be buying people out to get what they want. Did you see how standard oil took over and black mailed every single business sector during its rise to power? The govt barely took back the power from these barons. They were more powerful than the govt. We are lucky that a rough rider named teddy roosevelt said enough is enough and ran for president to take on these barons. Why would I want to go back to that kind of world?

    joyce says:
    December 1, 2015 at 8:59 pm
    99,
    Do you understand the English language? They are not able to do what they want without the government bureaucracy wielding its power.

  97. Comrade Nom Deplume, the anon-tidote says:

    [103] Rory

    Nice deflection. Spread hate, get it in return. And given some of your admissions, I have a hard time taking your preaching seriously

  98. joyce says:

    100
    “It comes down to Cankles are misogynistic.”
    OK, we’ll I guess that settles it then.

    “You can point out the outlier that men have them, but again show where it has been discussed for any male politician.”

    I can’t think of any other time where it has been discussed for a politician male or female.

    “In fact lets see what you come up with for any male Cankles in general.”
    John Madden coined the term in reference to football players.

  99. Comrade Nom Deplume, the anon-tidote says:

    [103] leprechaun

    I thought of this when thinking of you:

    “Harry, let’s face it. And I’m not being funny, I mean no disrespect, but you’re a c*nt. You’re a c*nt now, you’ve always been a c*nt. And, the only thing that’s gonna change is that you’re gonna become an even bigger c*nt. Maybe have some more c*nt kids.”

  100. Fabius Maximus says:

    #105 Eddie Ray,

    Where is the deflection? Define the Orwellian C*nt.

  101. Fabius Maximus says:

    #107 Tin Pot McCarthy

    More a reflection on you.

  102. joyce says:

    Idiot,
    Where did get your “facts” from this time? Your knowledge of history is infantile.

  103. Fabius Maximus says:

    #106 Joyce
    Getting caught in the filters.

    Madden, that’s funny. I’ll go with this. http://tinyurl.com/p97ht95
    “Cankles
    The area in affected female legs where the calf meets the foot “

  104. The Original NJ ExPat says:
  105. Comrade Nom Deplume, the anon-tidote says:

    [109] Rory

    Deflection and projection. I expected no less. At least you’re consistent

  106. Fabius Maximus says:

    #113 Tin Pot

    ” Orwellian C*nt.” step up to the plate and defend (outside of just calling me a C*nt).
    Where is the “Deflection and projection” in that?

  107. D-FENS says:

    While in Paris, after the attacks…Obama speaks about the planned parenthood shooting and claims “this just doesn’t happen in other countries”.

    https://m.youtube.com/watch?v=LFCnAW27d_c&feature=youtu.be

  108. Libturd at home says:

    Wow…we even need regulations over the use of the word cankle.

    Lighten’ up Francis.

  109. Joyce says:

    111
    Disregarding the absurdity of UD, only one of the first seven definitions made reference to a female. And I didn’t go beyond the first page.
    I’m glad you find it funny… Look it up.
    Lastly, I can’t wait until the next time you criticize someone’s source.

  110. Libturd at home says:

    “Lastly, I can’t wait until the next time you criticize someone’s source.”

    I was going to say something, but I was too busy laughing.

  111. Fabius Maximus says:

    #116 Lib
    I will leave that determination to Gator. If she gives you a bye on Cankles as not misogynistic, I’ll go with that.

  112. Fabius Maximus says:

    #117 Joyce

    UD is the popular persons view and you are putting up Madden in Defense. MKAY!

  113. Joyce says:

    You’ve never been wrong in your entire life have you? No matter how you triple down (and publicly you mock Trump, ha!)

    Will the New York Times suffice:
    “Also, as Madden looked at the physique of the Rams’ Jeff Zgonina, a 6-foot-2, 305-pound defensive tackle, he said, ”Ever see his legs?” He noted that the area between Zgonina’s calves and ankles — the cankles, he labeled them — were the biggest he had ever seen. (Madden, a former offensive lineman, has sizable cankles, too.)
    Summerall added: ”We’ve got a new one for the books. He’s got a 38 cankle.”
    http://www.nytimes.com/2002/01/21/sports/sports-media-it-may-not-be-right-but-that-s-the-rule.html

    Go join Michael in the sandbox

  114. Do we need to get a microaggression officer up in here for that bitch, gluteus?

  115. plume (113)-

    Give me the high sign when you want me to start the drunken Mick jokes. I have a gazillion variations on drunken Micks, bars, rabbis, Jameson’s, Bushmills, Mormons, Lutheran ministers, Black 47 and Red Breast.

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