From Corelogic:
CoreLogic Reports 26,000 Completed Foreclosures in November 2016
CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its November 2016 National Foreclosure Report, which shows the foreclosure inventory declined by 30 percent and completed foreclosures declined by 25.9 percent compared with November 2015. The number of completed foreclosures nationwide decreased year over year from 35,000 in November 2015 to 26,000 in November 2016, representing a decrease of 78.2 percent from the peak of 118,339 in September 2010.
The foreclosure inventory represents the number of homes at some stage of the foreclosure process and completed foreclosures reflect the total number of homes lost to foreclosure. Since the financial crisis began in September 2008, there have been approximately 6.5 million completed foreclosures nationally, and since homeownership rates peaked in the second quarter of 2004, there have been approximately 8.6 million homes lost to foreclosure.
As of November 2016, the national foreclosure inventory included approximately 325,000, or 0.8 percent, of all homes with a mortgage, compared with 465,000 homes, or 1.2 percent, in November 2015.
CoreLogic also reports that the number of mortgages in serious delinquency (defined as 90 days or more past due, including loans in foreclosure or REO) declined by 22.1 percent from November 2015 to November 2016, with 1 million mortgages, or 2.5 percent, in serious delinquency, the lowest level since August 2007. The decline was geographically broad with year-over-year decreases in serious delinquency in 48 states and the District of Columbia.
“The decline in serious delinquency has been substantial, but the default rate remains high in select markets,” said Dr. Frank Nothaft, chief economist for CoreLogic. “Serious delinquency rates were the highest in New Jersey and New York at 5.6 percent and 5 percent, respectively. In contrast, the lowest delinquency rate occurred in Colorado at 0.9 percent, where a strong job market and home-price growth have enabled more homeowners to stay current.”
“The 7 percent appreciation in home prices through November 2016 has added an average of $12,500 in home-equity wealth per homeowner across the U.S. during the last year,” said Anand Nallathambi, president and CEO of CoreLogic. “Sustained growth in home prices is clearly bolstering homeowners’ spending power and balance sheets and, as a result, spurring a continued drop in defaults.”
NJ currently sitting at a 2.8% foreclosure inventory rate, down 35.6% year over year.
We’re resolving at a good pace now, higher than the national average (to be expected), but also at the some of the fastest percentage reductions nationally. Florida tops at 41.8%, followed by Oregon at 40.3%, followed by NJ at 35.6%. If we could foreclose as quickly as Florida has (they did 48k this year, 83k last year) – we’d be done. Instead, we only hit 13k this year.
The NY-JC-White Plains statistical area came in slightly better than NJ or NY statewide, with a 2.5%.
From the Daily Record:
NJ housing 2017: Higher mortgage rates, slim price gain
Low unemployment rates and fatter paychecks are expected to give more people the confidence to buy homes in 2017. But at the same time, higher mortgage rates will make buying more costly.
These economic crosscurrents add up to a 2017 real estate market that will continue recovering from the worst housing crash in generations – but possibly at a cooler pace than in recent years.
“We’re not going to turn negative; we’re just going to proceed forward more slowly,” said Patrick O’Keefe, an economist with CohnReznick in Roseland and New York.
“We’re going to see a strong first half of 2017, with strong home sales and prices rising at an annual pace of about 3 to 4 percent, but the second half of the year will experience a slowdown due largely to higher interest rates,” said Jeffrey Otteau, an East Brunswick appraiser who tracks the housing market statewide.
…
Otteau expects price gains of about 3 percent for New Jersey in 2017. He said the biggest increases in home values are likely to take place in Bergen, Passaic, Hudson and other counties close to New York City, which has been adding jobs at a fast pace.
Higher prices, of course, make it harder for first-timers to afford to buy. But an increase in values also tends to bring more inventory into a market that is starved for supply.
In this region, home values remain about 14 percent below their peaks in 2006, during the housing boom. As a result, many homeowners own properties worth less than they paid, which makes them reluctant to sell.
“Prospective sellers are not listing their homes, because they realize they’d get offers that they’re not willing to accept,” O’Keefe said.
As values rise nationwide, “you’re going to see more households willing and able to move because of the confidence they feel about the overall job market, and now they have equity in their homes,” said Fratantoni.
…
New Jersey foreclosures continue to weigh on home values, because these troubled properties tend to sell at a discount. As of the third quarter of 2016, New Jersey led the nation in mortgage distress, according to the Mortgage Bankers Association. One in eight – 12.7 percent – of mortgage holders in the state were either late on their monthly payments or in the foreclosure process, the MBA said, more than double the national rate. However, the New Jersey percentage was down from 15 percent in the same period in the previous year.
While most of the nation has already resolved the foreclosure crisis that erupted after the housing crash, New Jersey is still dealing with the fallout. In 2016, the mortgage industry was on track to file about 29,000 foreclosures in the state, down from 35,752 in 2015 and 48,795 in 2014.
As lenders continue to chip away at the state’s backlog of distressed properties in 2017, the downward pressure on home values will ease.
…
Renting is likely to get more expensive – but rents won’t rise as quickly as in the past couple of years. Reis Inc., a real estate research company, is projecting that rents in North Jersey will rise 2.5 percent in 2017, to an average of more than $1,800 a month, after rising by 5 percent in 2015 and an estimated 3.2 percent in 2016.
From Newsworks:
New Jersey may consider tiny houses for the homeless
The “tiny house” movement that has millennials and baby boomers squeezing their lives into one- or two-room homes may be on the verge of putting down roots in New Jersey, but for a very different purpose.
A bill (S-2110) that would create three pilot “tiny house” projects across the state to provide places to live for New Jersey’s homeless and poor has begun moving through the Legislature. It cleared the Senate Community and Urban Affairs Committee before the holiday break and now awaits action by the Senate Budget Committee.
Sponsored by Sens. Raymond Lesniak (D-Union) and Brian Stack (D-Hudson), the bill was suggested by Sherry Rubel, a photographer and activist who was moved to action after spending years taking pictures at Tent City in Lakewood. Once home to more than 100 homeless people, Tent City drew the ire of the township, which closed it and relocated the residents in mid-2014.
“I spent years documenting life there,” said the Middlesex County woman. “At the same time, the whole tiny house movement was becoming popular … We need affordable housing across this country. This is just a little different from what people normally think of. To solve the problem, you have to get creative, be open to new ideas.”
For years, NJ and it’s fiefdoms have been fighting to close and banish trailer parks.
They were looked at as blight, a negative.
Try to get a trailer park approved in NJ today, good luck. My old broker tried to do it for decades, he told me every day it was a goldmine. Open up an upscale tiny house park today, you’d be rolling in money. I bet you could get $1000 a month ground lease.
Trailer = Tiny House – Same Shit, Different Marketing.
Essex…I couldn’t let your krapola private vs. public compensation study go unanswered. I didn’t when it was released (you can look up my posts back then) and I still won’t now. Jeff Keefe, the author of the study, worked with my sister at Eagleton at Rutgers. As I have eluded to time and time again about progressive research, they intentionally leave out factors that flaw the results and get away with it for the most part, because the elitist academic community feel they need not be fact checked. If they produced the study, then they must be right!
Here’s another study by a less left wing institution. And not from a department with “public” in it’s name.
https://www.princeton.edu/ceps/workingpapers/227rosen.pdf
Since I know none of you will actually read it…the extremely wonkish and significantly more thorough Princeton study revealed total compensation differentials of 48.65 percent for federal government employees, 6.39 percent for state government employees, and 6.33 percent for local government employees as compared with their private sector counterparts.
When background checking to see if Rosen was a closet conservative (which he isn’t), I happened upon another Rosen study showing how much more recession proof public sector jobs are than private sector jobs. Another fact conveniently left out of the comparison Keefe offered. I’m sure if you dig deep enough, you’ll find that the Eagleton Institute is supported by the NJ teacher’s union.
The other study
https://www.princeton.edu/ceps/workingpapers/240rosen.pdf
So…the CIA puts a 4chan hoax into their “official classified intelligence report”.
Is it any wonder that they’ve completely fcuked up the Middle East? I mean for chrisssakes…the CIA doesn’t even know what the fcuk is going on in the world.
F off Pumpkin.
My ultra progressive friend at work walks into my office and says the Russian’s have tape of Trump getting golden showers from Russian wh0res.
Wow…how the extreme positions been juxtaposed.
I can’t wait for both the R’s and the D’s to realize that Trump is not a member of either of their parties.
Finally,
You can tell which team Keefe is up to bat for here.
http://www.epi.org/people/jeffrey-h-keefe/
Translation: Pumpkin has a profound and pervasive effect on me that I am not smart enough to ignore. Further, this stupidity on my part causes me to lash out with violence.
Steamin’ Ormann, reminiscing about Cankles says:
January 11, 2017 at 7:56 am
F off Pumpkin.
Was he hoping to put said trailer park within spitting distance of his own house or in some other faraway place that wouldn’t affect his home’s value even if it was in the same town. Its cute when people bash zoning laws, all the while benefiting from them at the same time. You’re a libertarian twit from what I can tell, I’m sure you’d be happy if your neighbor put up a 5 story section 8 palace next door. After all, freedom.
“For years, NJ and it’s fiefdoms have been fighting to close and banish trailer parks.
They were looked at as blight, a negative.
Try to get a trailer park approved in NJ today, good luck. My old broker tried to do it for decades, he told me every day it was a goldmine. Open up an upscale tiny house park today, you’d be rolling in money. I bet you could get $1000 a month ground lease.”
“F off Pumpkin.” = Violence?
Who is the stupid one? Get some thicker skin man!
Half of the people you interact with in your daily life are churning inside and freaking out because Trump is about to be president.
CIA intelligence reports are more gossip than fact. We are Fukt.
Besides the worry of what might come out of Trump’s mouth, I do not fear Trump’s leadership. To me, he actually represents the Hope and Change Obama ran on and failed to deliver. No one loves America more than this guy and he really stands to gain little from his foray into politics. If anyone should be embarrassed, it should be the DNC for letting someone without a single grain of political experience, beat their candidate with a lifetime of public serving. No homo!
Hecho en Mexico….GM lied about where Chevrolet Cruze sedan’s sold in the US are made…
http://gotnews.com/busted-gm-sells-mexico-made-cars-ohio-gm-factory-workers-lied-trump-public-msm-cover/
Was he hoping to put said trailer park within spitting distance of his own house or in some other faraway place that wouldn’t affect his home’s value even if it was in the same town. Its cute when people bash zoning laws, all the while benefiting from them at the same time. You’re a libertarian twit from what I can tell, I’m sure you’d be happy if your neighbor put up a 5 story section 8 palace next door. After all, freedom.
No, actually near his home in Ho Ho Kus, and a few other slots in Bergen. If you want an example of where it is done very well, look at Bogert Estates in Mahwah. This would be an ideal setting to build out a kind of mid/upscale tiny home community. I’d live in Bogert, it’s the cheapest way to live in an upscale part of BC without much outlay.
You wouldn’t pull this off in Lodi, for example.
You want to be infuriated? You know what he used to do when zoning wouldn’t approve his teardown/remodel projects?
He’d turn them into halfway houses, which the zoning boards could not turn down, and take state money instead to recoup his investment. Usually, he got his approvals shortly thereafter. Honestly, he’d be just as happy to hold them as halfway houses knowing him. He had lots of section 8 as well.
And you shouldn’t talk bad of him, he was incredibly generous to everyone. He and his wife couldn’t have kids, so they ended up adopting a few, who all turned out to be incredibly successful. He was incredibly active in philanthropic endeavors, and was a teacher well into his 80s. Pretty sure there are hundreds of people in NJ that would say he changed their lives for the better.
nice try, but not even close to being clot……
Clotpoll says:
January 10, 2017 at 7:57 pm
cmon man. i was never a bojangles fan, but at least the guy had dignity, a nice family…and didn’t seem prone to blowing up the planet after getting pilloried on a comedy show. drumpf is mentally unbalanced and will prob have to be removed from office by his own party. he is no more than a charlatan, pandering to the worst in everyone, especially the dumbest and least fortunate among us.
drumpf is a measurement of how sick and craven we have become as a nation. nothing more.
Fake news
chicagofinance says:
January 11, 2017 at 9:38 am
nice try, but not even close to being clot……
Clotpoll says:
January 10, 2017 at 7:57 pm
Buzzfeed’s Trump report takes ‘fake news’ to a new level
http://nypost.com/2017/01/10/buzzfeeds-trump-report-takes-fake-news-to-a-new-level/
You ain’t kidding. I just ripped a bunch of my liberal friends on Facebook for believing it.
That’s what my liberal coworker was claiming was news this morning.
9:38…that is classic Clot there I tell ya wut
Liberals love secks stories look it up….
Research has found that being attractive influences many things in a person’s life — their salary, their popularity and grades in school, even the prison sentences they receive. So why not their politics?
A recently published study in the Journal of Public Economics concludes that the attractiveness of a candidate does correlate with their politics. They find that politicians on the right are more good looking in Europe, the United States and Australia.
The study shows correlation, not causation, but the researchers float a simple economic explanation for why this might happen. Numerous studies have shown that good-looking people are likely to earn more, and that people who earn more are typically more opposed to redistributive policies, like the progressive taxes and welfare programs favored by the left.
The researchers also offer a more general psychological explanation for the trend: That good-looking people are often treated better than others, and thus see the world as a more just place. Past studies have found that the more attractive people believe themselves to be, the lower their preference for egalitarianism, a value typically associated with the political left.
In their first experiment, the researchers showed respondents photographs of political candidates in Finnish municipal and parliamentary elections, members of the European Parliament, U.S. candidates for Senate and governor, and candidates for Australia’s House of Representatives. They asked participants to rate the photographs on a five-point scale. The results suggested that politicians on the right are more beautiful on all three continents.
https://www.washingtonpost.com/news/wonk/wp/2017/01/10/conservatives-really-are-better-looking-research-says/?utm_term=.785cc70d5e39
Science says conservatives are more attractive though….
Essex says:
January 11, 2017 at 9:57 am
Liberals love secks stories look it up….
DFENS,
That explains why I still get hit on.
clot<
"drumpf is a measurement of how sick and craven we have become as a nation. nothing more."
I felt similarly. I have long felt that the glue holding the American experiment together was expanding wealth and opportunities. In short, zero sum game is bad for democracy and republican form of government. I don't think this is a radical or unique notion.
I further theorized that when things got bad, people would look for unconventional leadership. This is, IMHO, why Obama won and because Obama played a zero sum game, we now have Trump.
My concern is that this gyration gets out of control. We are perilously close to an Art. V convention, and if that happens, short everything except guns and ammo.
SX [10:00];
Old news. It’s a truism that “Politics is Hollywood for ugly people.”
This study was done in 2012. It doesn’t incorporate all the increases put on public workers since 2011. So that 6.33/6.39 percent for state and local is much less when factoring in no Cola, and increased pension contributions. Now add in the fact that they might not get a pension, or if they do, it will be worth even less, how exactly are these individuals overpaid? You can claim fed employees are overpaid, but not local and state employees. Take away that pension, and the job is severely underpaid.
Plus, all this study shows, is that even with this so called golden pension, they are only making 6.39 percent more in compensation, so the people that die and never receive their pension were robbed their entire life, they never lived long enough to receive their fair compensation.
So can we put the overcompensation to rest? 6% is not enough to qualify as over compensation. On a 50,000 salary, that is only 3,000 more a year. On a 100,000 dollar salary, that is 106,000. Plus this study was done based on the demographic group of 50 or older. So if teachers were included in this group, it messes up the data. Teachers that actually make it to 50 years or older, will be at top of the scale. It doesn’t take into account all the years they worked for nothing. So a better study would be one that takes in account a lifetime of work. In the private sector, you might start off lower, but the raises come extremely fast. My friend (with no college degree) has had 40,000 dollar raises. Good luck with that in the public sector.
“Since I know none of you will actually read it…the extremely wonkish and significantly more thorough Princeton study revealed total compensation differentials of 48.65 percent for federal government employees, 6.39 percent for state government employees, and 6.33 percent for local government employees as compared with their private sector counterparts.”
Steamin’ Orrman:
“Who is the stupid one? Get some thicker skin man!”
Just because Otto is thin-skinned doesn’t mean he should not be concerned.
After all, I think more than a few of us would gladly cap him during a zombie apocalypse.
Christie: Give all school districts same amount of aid, provide some towns property tax relief
Christie is asking state lawmakers to put his plan before voters on the fall 2017 ballot, an election that will decide the next governor. Residents would have to decide whether to amend the state Constitution to implement Christie’s funding system.
http://www.nj.com/education/2016/06/christie_nj_school_funding_announcement.html
Nom [10:29];
short everything except guns and ammo.
Speaking of, I read that despite the Trump market surge, the firearms sector is swooning at the prospect of losing their world-beating salesperson from the White House.
Gun shares fall as anti-2nd Amendment threat fades
Yes, the nypost calling out fake news. Now that is funny.
D-FENS says:
January 11, 2017 at 9:46 am
Buzzfeed’s Trump report takes ‘fake news’ to a new level
http://nypost.com/2017/01/10/buzzfeeds-trump-report-takes-fake-news-to-a-new-level/
Moose,
Yeah, SWHC and RUGR tanked right after Trump was declared the winner and not on the brief futures downdraft.
I think they may pose a buying opportunity in 3.5 years. My expectation is that Trump becomes the Republican Carter and the voters toss him in 2020. He takes the GOP down with him and if the Congress falls, you will see a run on gunshops the likes of which we have never seen. The shelves will empty overnight and I can finally sell my excess at hugely inflated prices.
Things I have learned today: Ottoman is ugly.
Carry on.
Agree. Part of why I focused so much on inequality over the past 8 years.
Check this out. This gives me hope. I posted yesterday, but I think I agree with this guy over picketty.
“Milanović doesn’t talk too much about potential solutions in his book, which he now thinks was a “mistake,” because the current wave of inequality will at some point come to an end. The winds of globalization and technology could shift, he says, perhaps targeting more highly skilled sectors (think outsourcing coding jobs to Africa, or the rise of robot surgeons). And policies can help too, but not the tired “20th century” policies of taxing the rich and spending on benefits. Instead, Milanović is typically creative and intellectually ambidextrous: Improving the quality of public education, he says, citing Sanders, and creating incentives for the middle classes to financially invest, a la Margaret Thatcher. Now those are two names that only he could cite in the same sentence and still sound smart.”
http://ow.ly/SOFf307juZ3?fb=ozy&type=cpc
“I felt similarly. I have long felt that the glue holding the American experiment together was expanding wealth and opportunities. In short, zero sum game is bad for democracy and republican form of government. I don’t think this is a radical or unique notion.”
Pumps,
You and I agree that inequality is a problem.
You and I disagree on where blame lies and how to fix it.
This is the crux of all that is dividing us.
This from CNBC, which is hardly shilling for Trump:
“Donald Trump did not get briefed on a document summarizing explosive accusations about the president-elect’s ties to Russia, a senior U.S. intelligence official with knowledge of the preparation told NBC News.
The summary of a 35-page dossier originally created as part of anti-Trump opposition research was included in material prepared for those briefing Trump, multiple officials told NBC. But it was not given to Trump’s team, the senior official told NBC. The document was given to the briefers so that they could make the distinction between analyzed intelligence and “disinformation.”
The senior official told NBC News that no investigations found any conclusive or direct link between Trump and the Russian government. . . .”
Not for nothing, but in DC, we called this “hide the ball”; it is disfavored because it smacks on intellectual dishonesty and political gamesmanship.
Add this the fact that this administration and party, known for using executive agencies to promote political agenda, and its acolytes in the 4th estate have been actively poisoning the well, this time by giving credibility to an unverifiied, unsourced report that was generated as an oppo hit piece at the time (and at least one “fact” capable of verification has already been disproven).
What results is this: Whatever truths may be in these reports, they are so covered up with the taint of political manipulation that they cannot be accepted at face value.
This is why Trump refused to accept the “intelligence.”
Trump talking about bringing Pharma back to the US…..good for Jersey?
I like what he’s saying about cyber security. It’s about time.
11:23 – mfg? nawwww
https://pjmedia.com/trending/2017/01/10/public-records-suggest-ft-lauderdale-airport-shooter-converted-to-islam
Public records uncovered in the days following the Ft. Lauderdale Airport massacre suggest that the shooter, Esteban Santiago, is a Muslim convert who years ago took on the Islamic name Aashiq Hammad.
that’s what the dude said….mentioned we are the largest buyer of drugs….maybe he’ll use that as leverage.
Essex says:
January 11, 2017 at 11:37 am
11:23 – mfg? nawwww
Some cyber security tips:
1) Don’t conduct government business on an unsecure server in your basement, in an effort to subvert the Federal Records Act and also Freedom of Information Requests (bonus tip: especially if you have a cabinet level position, such as Secretary of State, and regularly send and receive classified information.)
2) Don’t conduct government business on public e-mail services (gmail, etc).
“I like what he’s saying about cyber security. It’s about time.”
I realize this is sarcasm but I took his comments to mean he would work with tech giants to protect government institutions. Specifically from incidents like the OPM hack.
http://www.nbcnews.com/tech/security/opm-hack-government-finally-starts-notifying-21-5-million-victims-n437126
Tywin says:
January 11, 2017 at 11:46 am
Some cyber security tips:
1) Don’t conduct government business on an unsecure server in your basement, in an effort to subvert the Federal Records Act and also Freedom of Information Requests (bonus tip: especially if you have a cabinet level position, such as Secretary of State, and regularly send and receive classified information.)
2) Don’t conduct government business on public e-mail services (gmail, etc).
“I like what he’s saying about cyber security. It’s about time.”
Tywin:
“Public records uncovered in the days following the Ft. Lauderdale Airport massacre suggest that the shooter, Esteban Santiago, is a Muslim convert who years ago took on the Islamic name Aashiq Hammad.”
I also saw that in MSM and it was quickly buried. And there is a good reason for this: Mental illness is being pushed as a vehicle for disarming the public. Trust me when I tell you that getting a vastly expanded mechanism for disarming “mentally ill” folks is a major goal of the gun grabbers and one they think that they can get with republican help. Once they get this loophole, they will drive a fleet of trucks through it via efforts to get doctors to report their patients as “depressed” or something else vague that entitles the sheriff to knock on your door and say “turn em over” (and good luck getting them back). By contrast, Islamoterror is often seen as supporting pro-2A because terrorists are not “us” and people would prefer good guys with guns if terrorists show up.
This is one reason that Islamoterror is buried as opposed to other factors–it makes it harder to pursue the gun control objectives.
Twyin,
And for those that disbelieve the notion that the left wants to use mental health as a vehicle for wide-scale seizures, ask your favorite gun control expert the following questions:
Do you support protections in the proposed law that:
(a) requires law enforcement to hold weapons seized?
(b) requires law enforcement to return weapons upon an adjudication that there was no mental illness constituting a threat?
(c) automatically reimburse an individual for all costs and attorney fees for a successful challenge to a mental health seizure?
(d) automatically reimburse individuals for the fair market value of weapons seized regardless of the outcome of the litigation, if any, for weapons not stored and returned?
Ask them that and watch their heads explode.
Do the lefties here REALLY buy this fake news? My friends on Facebook do. It’s unbelievable to me. I thought academics were smart? Maybe they are the true rednecks?
Ft. Lauderdale shooter was from Jersey…just sayin’
Hispanic Muslims: Why Are Catholic Hispanic Americans Converting To Islam?
http://www.latintimes.com/hispanic-muslims-why-are-catholic-hispanic-americans-converting-islam-130483
In fact, in Union City in New Jersey, where more than 80 percent of the population is Hispanic, mosques and Islamic religious centers are popping up. One local mosque has a 30 percent Latino population and classes are held in Spanish to help converts learn more about the Qur’an. “We are a minority within a minority, growing very rapidly,” says Nahila, a Mexican convert who works at an outreach center. “I think they’re looking for that niche.” Nahila goes on to explain that the hardest part of converting for a Latino is the feeling that they are leaving their family.
http://www.pbs.org/wnet/religionandethics/2015/06/05/july-25-2014-latino-muslims/23669/
Stems from a Republican. And I don’t see why this former M16 agent would make up stuff about trump.
“Sen. John McCain admitted Wednesday that he gave the FBI a dossier detailing claims of a Russian blackmail plot against President-elect Donald Trump.
The Arizona lawmaker, a longtime Trump critic, made the public statement as questions piled up about his alleged role in spreading an unverified and error-riddled document that Trump has denounced as “a complete and total fabrication.”
“Late last year, I received sensitive information that has since been made public,” McCain said.
“Upon examination of the contents, and unable to make a judgment about their accuracy, I delivered the information to the Director of the FBI. That has been the extent of my contact with the FBI or any other government agency regarding this issue.”
Watergate reporter Carl Bernstein, who contributed to a story about the dossier reported by CNN on Tuesday, said McCain was given the document by a former British ambassador to Moscow.
“It came from a former British MI6 agent who was hired from a political opposition research firm in Washington who was doing work about Donald Trump for both republican and democratic candidates opposed to Trump,” Bernstein told CNN.
“They were looking at Trump’s business ties. They saw some questionable things about Russians, about his businesses in Russia. They in turn hired this MI6 former investigator. He then came up with additional information from his Russian sources. He was very concerned by the implications of it. He then took it to an FBI colleague that he had known in his undercover work for years. He took it to this FBI man in Rome who turned it over to the bureau in Washington in August,” Bernstein said.
“And then, a former British ambassador to Russia independently was made aware of these findings and he took the information to John McCain – Senator John McCain of Arizona – in the period just after the election, and showed it to McCain – additional findings,” he added.
McCain is no fan of Trump as he disavowed the president-elect weeks before the election.
During the campaign Trump said McCain wasn’t a war hero because he was captured during the Vietnam War.”
http://nypost.com/2017/01/11/john-mccain-i-gave-russia-blackmail-dossier-on-trump-to-fbi/
McCain is a bumbling doofus. A prime example is his policies in Syria. He willfully armed Al-Qaeda with American made weapons without any understanding of who they were.
My in-laws are catholic Syrians. They understand this issue intimately. Many of the dead in Syria are the fault of numskulls like him.
Al-Qaeda became ISIS. He is too stupid to know this. It doesn’t surprise me that Michael (aka pumpkin aka lost) and John McCain believe that garbage published in buzzfeed.
What a sh!t show our society has become.
“An official in the US administration who spoke to the Guardian described the source who wrote the intelligence report as consistently reliable, meticulous and well-informed, with a reputation for having extensive Russian contacts.
Some of the reports – which are dated from 20 June to 20 October last year – also proved to be prescient, predicting events that happened after they were sent.
One report, dated June 2016, claims that the Kremlin has been cultivating, supporting and assisting Trump for at least five years, with the aim of encouraging “splits and divisions in western alliance”.
It claims that Trump had declined “various sweetener real estate deals offered him in Russia” especially in developments linked to the 2018 World Cup finals but that “he and his inner circle have accepted a regular flow of intelligence from the Kremlin, including on his Democratic and other political rivals.”
Most explosively, the report alleges: “FSB has compromised Trump through his activities in Moscow sufficiently to be able to blackmail him.” The president-elect has not responded to the allegations.
CNN reported on Tuesday that the FBI was still investigating the credibility of the documents but added that the intelligence chiefs had included a summary of the material in a secret briefing on Russian interference in the election delivered last week to Barack Obama and Donald Trump.
The emergence of the documents is potentially explosive, 10 days before Trump’s inauguration and on the eve of his first planned press conference since July last year.
Despite glowing references from US and foreign officials who have worked with the source, there are some errors in the reports. One describes the Moscow suburb of Barvikha as “reserved for the residences of the top leadership and their close associates”, but although it is a very expensive neighbourhood, there are no restrictions on who can own property there. The document also misspells the name of a Russian banking corporation.
The FBI does not normally make any comment on ongoing counter-intelligence investigations but was under increasing pressure from Democrats and some Republicans to act before the inauguration, particularly because of Comey’s announcement of a continuing investigation into Hillary Clinton’s email server 11 days before the election, which many of her supporters believe cost her the presidency.
The reports were initially commissioned as opposition research during the presidential campaign, but its author was sufficiently alarmed by what he discovered to send a copy to the FBI. It is unclear who within the organisation they reached and what action the bureau took. The former Democratic Senate leader, Harry Reid, has lambasted Comey for publicising investigations into Hillary Clinton’s private server, while allegedly sitting on “explosive” material on Trump’s ties to Russia.
The Guardian can confirm that the documents reached the top of the FBI by December. Senator John McCain, who was informed about the existence of the documents separately by an intermediary from a western allied state, dispatched an emissary overseas to meet the source and then decided to present the material to Comey in a one-on-one meeting on 9 December, according to a source aware of the meeting. The documents, which were first reported on last year by Mother Jones, are also in the hands of officials in the White House.
McCain is not thought to have made a judgment on the reliability of the documents but was sufficiently impressed by the source’s credentials to feel obliged to pass them to the FBI.
The Senate armed services committee, which Senator McCain chairs, launched an inquiry last week into Russian cyber-attacks during the election.
McCain was reluctant to get involved, according to a colleague, for fear the issue would be dismissed as a personal grudge against Trump. He pushed instead for the creation of a special Senate committee to look into connections between campaign staff and Moscow, but the proposal was blocked by the Republican leadership.”
https://www.theguardian.com/us-news/2017/jan/10/fbi-chief-given-dossier-by-john-mccain-alleging-secret-trump-russia-contacts
McCain woman confronted by Syrian woman in town hall meeting.
https://www.youtube.com/watch?v=AvdmrIXc5is
“According to the report passed to Comey, Russian intelligence allegedly gathered compromising material during Trump’s stay in Moscow in November 2013, when he was in the city to host the Miss Universe pageant.
Another report, dated 19 July last year said that Carter Page, a businessman named by Trump as one of his foreign policy advisers, had held a secret meeting that month with Igor Sechin, head of the Rosneft state-owned oil company and a long-serving lieutenant of Vladimir Putin. Page also allegedly met Igor Divyekin, an internal affairs official with a background in intelligence, who is said to have warned Page that Moscow had “kompromat” (compromising material) on Trump.
Two months later, allegations of Page’s meetings surfaced in the US media, attributed to intelligence sources, along with reports that he had been under FBI scrutiny.
Page, a vociferous supporter of the Kremlin line, was in Moscow in July to make a speech decrying western policy towards Russia. At the time he declined to say whether he had been in contact with Russian officials, but in September he rejected the reports as “garbage”.
The Guardian has learned that the FBI applied for a warrant from the foreign intelligence surveillance (Fisa) court over the summer in order to monitor four members of the Trump team suspected of irregular contacts with Russian officials. The Fisa court turned down the application asking FBI counter-intelligence investigators to narrow its focus. According to one report, the FBI was finally granted a warrant in October, but that has not been confirmed, and it is not clear whether any warrant led to a full investigation.
A month after Trump’s surprise election victory, Page was back in Moscow saying he was meeting with “business leaders and thought leaders”, dismissing the FBI investigation as a “witch-hunt” and suggesting the Russian hacking of the Democratic Party alleged by US intelligence agencies, could be a false flag operation to incriminate Moscow.
Another of the reports compiled by the former western counter-intelligence official in July said that members of Trump’s team, which was led by campaign manager Paul Manafort (a former consultant for pro-Russian politicians in Ukraine), had knowledge of the DNC hacking operation, and in return “had agreed to sideline Russian intervention in Ukraine as a campaign issue and to raise US/Nato defence commitments in the Baltics and Eastern Europe to deflect attention away from Ukraine”.
A few days later, Trump raised the possibility that his administration might recognise Russia’s annexation of Crimea and openly called on Moscow to hack Hillary Clinton’s emails.
In August, officials from the Trump campaign intervened in the drafting of the Republican party platform, specifically to remove a call for lethal assistance to Ukraine for its battle against Moscow-backed eastern rebels.
Manafort stepped down in August as campaign manager and the campaign steadily distanced itself from Page. However, Trump’s praise of Putin and defence of Moscow’s actions in Ukraine and Syria remained one of the few constants in his campaign talking points.
Manafort has denied secret links with Moscow calling the allegation “an outrageous smear being driven by Harry Reid and the Clinton campaign”.
Since then, Trump has consistently cast doubt on Russian culpability for hacking the Democratic National Committee, defying a consensus of 17 national intelligence agencies. After Obama deported 35 Russian diplomats in retaliation for Moscow’s intervention, Trump praised Putin for not carrying out tit-for-tat deportations of US diplomats. “I always knew he was very smart,” he tweeted.
An FBI spokesman declined to comment after the CNN report.”
McCain an the neo-cons completely fcuked up the middle east. It is on them. He has zero credibility. Get that through your thick skull.
I don’t care what anyone says, something is up with Trump and Russia. Just like there is some truth to every joke, there is some truth with they have to get warrants to look into your actions. Pretty crazy to sit here and say trump is completely innocent in his support for Russia.
McCain could have released this information during the election, but he didn’t, that has to count for something.
D-FENS says:
January 11, 2017 at 12:24 pm
McCain an the neo-cons completely fcuked up the middle east. It is on them. He has zero credibility. Get that through your thick skull.
Who the heck cares about Russia? Waa. Waa. Waa.
If you want to believe where there’s smoke, there is fire. Then go back to the smoldering Clinton’s.
McCain was completely wrong about everything. Thank God he did not become president. Things might have been much worse.
McCain backed al-Qaeda, which became ISIS…
The other side of that equation is the Assad regime basically secular in nature, backed by Russia. McCain is a neo-con who thinks the cold war is still going on with the Soviets and can’t see the world any other way. He spent too much time locked in a tiger cage or something.
So was he just peed on, or did it go in his mouth?
I think there is a big difference there.
Witch hunt? You weren’t even running and this investigation was going on
Don’t encourage him.
This investigation started before he was even running for election. Something is up here.
Maybe Trump was just putting his cigar out?
So where does Cuba fit into all of this? Do progressives now have to burn their Che t-shirts?
What is this obsidian with Russia? We should be working with them. So Putin took Crimea back from Ukrsine. Who cares?
Good stuff
“You are fake news”
https://www.youtube.com/watch?v=BgwWuoxljMY
When does our esteemed Senator from NJ testify against Jeff Sessions?
That should make for some good tv.
Fake Testimony?
whoa
D-FENS says:
January 11, 2017 at 12:51 pm
Good stuff
“You are fake news”
https://www.youtube.com/watch?v=BgwWuoxljMY
“You are fake news.” Beautiful, CNN obliterated on live television.
my my my the bwaintwust is in ovadrive!!
Wow, just wow. You do realize that Putin hijacked his govt and constitution, right? He has no business being a leader right now, he had his two terms. He is a tyrant, who is playing a game a chess, and trump is trying to befriend him and compliment him? Are you kidding me? Trump really f/ed this country up, you have people constantly defending a russia that is run by a dictator. What is next, befriending north korea?
3b says:
January 11, 2017 at 12:51 pm
What is this obsidian with Russia? We should be working with them. So Putin took Crimea back from Ukrsine. Who cares?
Of course the left believes fake news. Most of their beliefs are false.
And the real Clot would never use the expression “the less fortunate”.
1:51…did the man in the sky tell you that…??
President-elect Donald Trump on Wednesday finally appeared to publicly say that Russia was behind the hacking and release of emails from within the Democratic National Committee and from Hillary Clinton’s campaign chair.
“I think it was Russia, but I think we also get hacked by other countries and other people,” Trump said at his first press conference in 169 days.
The president-elect then referenced China’s likely 2014 breach of the Office of Personnel Management. “And I can say that, you know, when we lost 22 million names and all that was hacked recently, they didn’t make a big deal out of that,” he said.
This is almost as good as Trump deporting Ramos from the press conference last year, when Ramos tried to cut the line ahead of everyone else following the rules…
http://www.realclearpolitics.com/video/2017/01/11/trump_vs_cnns_jim_acosta_im_not_giving_you_a_question_youre_fake_news.html
Christie would have been a better pick than Sessions.
Sessions testimony from the denied federal judgeship 30 years ago is damning.
Best comment on a board I read today:
“Trump, alpha
Obama, beta cuck boy”
LOL!
Pumps wow back at you! Putin is a dictator who cares? Russia has been ruled by dictators for centuries. The Russians tried democracy after the fall of the Soviet Union and it was a disaster. Putin restored order to the country and cleaned it up. Is he a nice guy? No but it’s what his country needed. Will they evolve to a multi party democracy at some point perhaps but for now this is how it is. I am sick of the the USA dictating how countries should govern themselves. Our democracy has not been a shining example lately. And where is the outrage over China and their dictatorship? I would trust the Russians far more than the Chinese. And finally Russians have far more freedom under Putin then they ever had. And apparently he has a lot of support among the Russian people especially including the younger generation.
2:12 – I watched today’s testimony…from Bookers on….I’m not getting that…
Frankly the testimony I saw today…made the Democrats crying racism seem kind of silly.
John Lewis’s testimony was moving…he’s a great public speaker. I respect and admire the sacrifices he’s made in his life. However no one who spoke out against Sessions seemed to know him personally.
Meanwhile, 3 African-American lawyers who worked alongside Sessions spoke on his behalf…and noted specific situations that explained why they did not feel he was racist at all.
The Democrats spoke in generalities…and said things we all agree with regarding civil rights…but never really said anything that specifically tied Sessions to racism.
Christie’s bridgegate baggage would have been too much.
However, I think what the Democrats are trying to do to Sessions will backfire.
Essex,
What man in the sky? Confusing me with a theist due to some lazy generalizations you harbor?
Leftist fake news shared on Facebook generally consists of global warming hysteria, anti-vaccination bs, hippie food health cure bs, conspiracies about pharma companies hiding simple cures for cancer, magical thinking about solar/green products, and taking the predictions of various leftist economists seriously.
“Do the lefties here REALLY buy this fake news?”
The birther movement got a ton of play, Trump was on it for years. There are rubes everywhere.
‘anti-vaccination bs’
Scary stuff. It could get worse, if the RFK rumors are true.
“Healthy young child goes to doctor, gets pumped with massive shot of many vaccines, doesn’t feel good and changes – AUTISM. Many such cases!”
https://twitter.com/realdonaldtrump/status/449525268529815552?lang=en
3b (aka Thomas Hobbes), I’m glad you are okay with dictators. So if Obama decided to stay another term, because he considers himself to be the best man for the job. you wouldn’t be bi!ching and moaning? Now put yourself in the shoes Russian citizens who don’t approve of Putin and have to live with the idea that this guy is ruler for life and can do whatever the fuc/ he wants.
Please leave this country and go live in Russia. Your thought process is a threat to our republic. If enough people think it’s okay to be a dictator, we are in trouble.
Just remember how many lives the previous Russian dictatorship cost the U.S. through the Cold War. If you think Putin isn’t trying to bring back that Red Flag era he admires so much, you are thinking clearly. He is playing chess, just like all the authoritarian leaders before him, and just remember, we are the pawns in this game. We get hurt, we suffer the pain for people like Putin,who hunger for world power.
Pumps don’t ever argue history with me. Ever. Democracy is an ideal worth striving for. It comes with time and it evolves over time just like our own which is not democracy but rather a constitutional republic. We have no business dictating to others what system they should live under. But we can lead by example. Where is your outrage over the brutal Chinese dictatorship? They have slaughtered millions over the last 70 years. They armed the north Vietnamese. They prop up the brutal North Korean dictatorship. So China ok but Russia bad?
2:19 – alpha’s go through mail order wives now?? Izzat a thjngG-g-g-gary??
somehow this comes to mind:https://youtu.be/ROxvT8KKdFw
Orman [12:01];
Do the lefties here REALLY buy this fake news? My friends on Facebook do. It’s unbelievable to me. I thought academics were smart? Maybe they are the true rednecks?
Leftism is noting if not a case study in psychological projection. Everything they accuse the right of being and doing, they are modeling themselves.
Cory Booker on Sessions:
“I feel blessed and honored to partner with Sen. Session as co-sponsors of this important award [Congressional Gold Medal to Selma Marchers].” (https://youtu.be/chkAASced_0)
See also: https://twitter.com/jtLOL/status/818837307042111493
Democrats haven’t been this upset since Lincoln freed the slaves.
You know who was a real scary president? The widely beloved FDR. Hired a bunch of egghead bureaucrats to make the economy worse, set price controls all over, leading to shortages and surpluses, took away everyone’s gold, served 4 terms as president, throwing out Washington’s precedent, pushed through unconstitutional laws, and when the Supreme Court rejected them as unconstitutional, he attempted to pack the Supreme Court with his cronies by attempting to expand the size of the Supreme Court. Thankfully even his own party in Congress grew weary of his fascist power grab and stopped his attempt to become supreme ruler.
6:24- they’re all scary…..when ur broke
FDR paid farmers to burn crops and pour milk down drains to raise the price in the midst of people starving so farmers could pay back their loans. Everyone is taught that this was a good thing.
They are both after world power, imo. There is no difference, hence, why I can’t believe Trump is sucking up to Putin.
Why all the focus on Russia and not China? Well, they did just influence the election in a major way by hacking democrat emails, and the president elect was claiming “nothing to see here, move along.” “A guy sitting at home on his couch could have done it.” Yes, sure, tell me another one.
“Pumps don’t ever argue history with me. Ever. Democracy is an ideal worth striving for. It comes with time and it evolves over time just like our own which is not democracy but rather a constitutional republic. We have no business dictating to others what system they should live under. But we can lead by example. Where is your outrage over the brutal Chinese dictatorship? They have slaughtered millions over the last 70 years. They armed the north Vietnamese. They prop up the brutal North Korean dictatorship. So China ok but Russia bad?”
Well guys I have been visiting here again lately looking for some intelligent comments, mostly with regard to the incoming regime. I thought because of my years ago experiences I would come here and find out how our nation has gotten to this place. I see how we did, but I did not expect to see that most of you are how we got here.
RR
Pumps now you are back tracking. Whether the Russians did or did not back the d n c and we still don’t know for sure is not why Hillary lost the election.
8:14 – Ben, the original TBTF.
Thank you Karen
“U.S. secretary of state nominee Rex Tillerson briefly laid out his position on climate change at Wednesday’s Senate confirmation hearing in Washington. The former head of one of the biggest fossil fuel companies on Earth acknowledged that additional carbon dioxide is warming the planet but left enough ambiguity to float an oil rig through.
His assessment of climate risk and the state of scientific confidence in man-made climate change depart from the most authoritative descriptions of the problem, such as recent reports by the United Nations’ Intergovernmental Panel on Climate Change, or IPCC, which states:
“It is extremely likely that human influence has been the dominant cause of the observed warming since the mid-20th century. The evidence for this has grown, thanks to more and better observations, an improved understanding of the climate system response, and improved climate models.”
Tillerson, 64, appeared to distance himself slightly from President-elect Donald Trump’s promise to tear up the 195-nation Paris Agreement on reducing global emissions. “It’s important that the U.S. maintains its seat at the table about how to address the threat of climate change, which does require a global response,” Tillerson said. “No one country is going to solve this on its own.” It’s not impossible for a Republican administration to stand by a statement like that even after ditching the Paris Agreement.”
https://www.bloomberg.com/news/articles/2017-01-11/climate-change-deniers-even-exxon-s-ceo-has-abandoned-you
this is clotworthy,,,,,
Public Transportation (clot Edition):
http://nypost.com/2017/01/11/wheelchair-bound-woman-smokes-blunt-on-subway-ruckus-ensues/