From the WSJ:
Millennials Continue to Leave Big Cities
Large U.S. cities lost tens of thousands of millennial and younger Gen X residents last year, according to Census figures released Thursday that offer fresh signs of cooling urban growth.
Cities with more than a half million people collectively lost almost 27,000 residents age 25 to 39 in 2018, according to a Wall Street Journal analysis of the figures. It was the fourth consecutive year that big cities saw this population of young adults shrink. New York, Chicago, Houston, San Francisco, Las Vegas, Washington and Portland, Ore., were among those that lost large numbers of residents in this age group.
The drop in young urban residents last year was smaller than in 2017, when big cities lost nearly 54,000 residents in this age group. But the sustained declines signal a sharp reversal from the beginning of the decade, when young adults flooded into cities and helped lead an urban revival.
…
Separate Census figures show the majority of people in these age groups who leave cities move to nearby suburbs or the suburbs of other metro areas.
City officials say that high housing costs and poor schools are main reasons that people are leaving. Although millennials—the cohort born between 1981 and 1996—are marrying and having children at lower rates than previous generations, those who do are following in their footsteps and often settling down in suburbs.
Hello. And Bye.
Why no discussion of Hunter Biden being the most egregious example of white privilege and political cronyism?
The fake news people are insufferable. They are becoming more and more outlandish.
Even the term whistleblower is fake news. Its is an orchestrated political leak. Dress it up in righteous language and then create a back story to fit.
Sadly all legal. Get your crack addict son appointed to a few fake board seats and take indirect payoffs. Similar loopholes to the Clinton fake charity.
We need term limits and campaign reform. It’s the only way to root out the corruption.
And we need to start holding bureaucrats accountable when they break the law. Of course we’ll find out this leak was illegal but fake news will ignore that.
Posted in yesterday’s discussion by mistake…Apologies for opening this morning with politics – i promised myself i would stop and made it through yesterday – but this can’t wait….
In the category of the Dems just don’t get it they rolled out a very special guest on cbs national news, second segment no less, to give a somber analysis of whether trump should be impeached and the obligations of an administration under the Constitution…
Hillary Clinton.
Yup, that Hillary Clinton. Seriously can not make this stuff up.
Keep it up dems. You may even hit the ultimate long shot, give the house back
Sorry, the son of an American politician on the board of an Eastern European oil/gas company? You know, because some random foreigner that has absolutely zero experience running an oil/gas company is the perfect board choice, this is so purely coincidental there’s nothing to see there. No quid pro quo, etc.
Oh, and let’s pay him $50,000 a month for it. $50,000 a month. The average monthly wage in Ukraine is $300. So let’s pay him 166 times the average wage for the population. Suppose that’s fair, you know, given that he’s taking all the time and effort of lending his vast energy experience to this small foreign company. I’m sure it will turn up that he spent minimal time actually conducting board business, meaning he was probably paid in excess of ten thousand dollars an hour. Eh, who are we kidding, they conduct board business in Ukranian, not English, so it’s probably fair to say he didn’t do anything for the $600,000 annual salary they paid him.
Nothin to see there guys.
https://www.cnbc.com/2019/09/26/wall-street-democratic-donors-may-back-trump-if-warren-is-nominated.html
So let’s see there are no funds for an election if the female soc1alist is nominated, Biden will be toxic after any Ukraine investigation, and the male soc1alist has lost his mojo….
Who’s left?
I guess if the Dems want to the circular firing squad going they could reach out to Steven Colbert lol.
第一借錢網
https://168cash.com.tw/adv/area
Grim – Kill two birds with one stone?
Get Biden and Trump out of the way for Warren. Warren by the way has been mum on Biden’s little ethical dilemma when he was VP and flying his son around on air force two to drum up work for his unemployed son. She is sitting back instead of going on the attack, even when asked directly by Reporters.
Why would any politician let this kind of chance to take a shot at their main rival for the Dem nomination pass?
“Elizabeth Warren became flustered when asked an ethics question that was an indirect reference to Joe Biden’s son, Hunter Biden, serving on a Ukrainian gas company board.
The Massachusetts senator and 2020 Democrat asserted that a similar kind of behavior would not be allowed under a Warren administration, before saying that she did not know whether the situation would violate her ethics plan.
When a reporter asked Warren whether her ethics plan would allow her vice president’s son or daughter to serve on the board of a foreign company, but without directly referencing the Bidens, Warren responded “no” before quickly walking back her assertion.
“I don’t know. I mean, I’d have to go back and look at the details,” Warren said.”
3b,
When are you going to say I was correct? I called this how long ago? Keep telling me I’m wrong about Wayne being an absolute great value right now, we will see where the prices are at 10 years from now. I’ve been on point with my real estate calls so far…
“The drop in young urban residents last year was smaller than in 2017, when big cities lost nearly 54,000 residents in this age group. But the sustained declines signal a sharp reversal from the beginning of the decade, when young adults flooded into cities and helped lead an urban revival.
…
Separate Census figures show the majority of people in these age groups who leave cities move to nearby suburbs or the suburbs of other metro areas.
City officials say that high housing costs and poor schools are main reasons that people are leaving. Although millennials—the cohort born between 1981 and 1996—are marrying and having children at lower rates than previous generations, those who do are following in their footsteps and often settling down in suburbs.”
left – yup the “green” party is squirming over Warren and Bernie. Biden they knew would at least keep status quo and not try and soak the rich. 8% annual total wealth tax? But more importantly, if either get in you mean I might have to fly commercial?
Honest question. If Bernie or Warren get into office, do we blame Trump? That would be my worst nightmare.
Hate to break it to you pumps, but I called it long before you even found the site, not that I am keeping score. My theory was as simple as this. Young couples were moving to the city as direct result of the Great Recession and their hatred of owning after witnessing the pain caused by the housing bubble bursting. So rent, party and fukc having kids. Especially when you can’t afford them. The phenomenon of not having kids happens after every major recession. Well, wait a decade for effects to wear off. Rents rise so much that taking out a mortgage once again makes sense. The economy bounces back and people are both employed and able to save enough to have children, which requires good schools, which can only be had in the burbs. Rinse and repeat.
I forgot who I argued this trend with here, but he believed that, “THIS TIME IT IS DIFFERENT. ”
It never is. Not with markets either.
Saudi’s see the light, either end the war or face total annihilation.
https://www.wsj.com/articles/saudi-arabia-agrees-partial-cease-fire-in-war-shattered-yemen-11569580029?mod=hp_lista_pos1.
Bernie has always been the best option. Shame I’m the only one who realizes it. Shame too that he is not smart enough to work on more talking points. His broken record is breaking his chances.
Hoping this is the end of Trump and Biden, would represent a huge victory for democracy if it is. Warren or Bernie will be constrained by an obstructionist minority and will likely cause a route in the 2022 midterms. If they can use those 2 years to fix some of the social safety net then this could all work out nicely. The hard left will end up disappointed with Bernie, btw, he is not an admirer of identity-based politics.
Bingo. Perfectly said.
Never underestimate the psychological impact of a recession on a demographic group. They had their life pushed back 10 years. Only a group being held back economically would willingly put off families and embrace renting. It’s extending your college lifestyle another 10 years…
Libturd, seen crazy things done with ping pong balls. says:
September 27, 2019 at 9:46 am
Hate to break it to you pumps, but I called it long before you even found the site, not that I am keeping score. My theory was as simple as this. Young couples were moving to the city as direct result of the Great Recession and their hatred of owning after witnessing the pain caused by the housing bubble bursting. So rent, party and fukc having kids. Especially when you can’t afford them. The phenomenon of not having kids happens after every major recession. Well, wait a decade for effects to wear off. Rents rise so much that taking out a mortgage once again makes sense. The economy bounces back and people are both employed and able to save enough to have children, which requires good schools, which can only be had in the burbs. Rinse and repeat.
I forgot who I argued this trend with here, but he believed that, “THIS TIME IT IS DIFFERENT. ”
It never is. Not with markets either.
Amen!
“I forgot who I argued this trend with here, but he believed that, “THIS TIME IT IS DIFFERENT. ”
It never is. Not with markets either.”
I think it would be worse if a president promoted his coke addict son to the R presidental nomination via family wealth and political connections then got his brother to help win a contested election. It would be equally bad if that son’s VP was personally enriching himself off of wars started by that family.
It’s no surprise there was not enough demand to push up suburban pricing earlier this decade. Who needs a home and good schools with no kids? Watch the reversal as the millennials enter the family stage…
The time to buy is before the demand comes. When people like 3b rave about how bad of an idea it is to buy a suburban home…that’s your window of opportunity. He represents the avg mindset in the market. That window is still open, but it will be closing fast. You will not be able to get current pricing 5 years from now anywhere in north jersey.
Just look what this group did for cities at a stage in their life where they had no money. They helped play a vital role in the gentrification process of beat down urban neighborhoods. Now think of the impact they will have on housing when their hit their prime earning years in the not too distant future. They are going to blow the lid off current pricing in towns with good schools.
Lib,
What is different this time is that suburban jobs are either gone or paying much less than a decade ago. A plethora of cheap labor options coupled with current worker desparation means they will be shocked when they realize they still need a city commute. Pop a kid or two out and now your wife better work hard and make 6 figures to afford the nanny.
Lib I don’t doubt some Millenials are moving to the suburbs for schools once married and children come into play. I have not seen it yet in Bergen Co or at least my town. But I don’t believe it will be a tidal wave. The age of marriage is increasing the age of childbirth is increasing with the only denmograhic increasing among white women in their 40s. First time home buyer age has increased to 46!! I think that is very sobering. Buying your first house as your pushing 50 and with a couple of kids is scary IMO. As well I see lots of school age kids in Manhattan and Jersey City so not all are moving to the suburbs at least not yet. As I have said repeatedly here when you need two incomes to live today having both parents work in the city and then have to commute and day care thing every day is miserable. And many won’t do it. And the ones that do will stay as close to the city as they can like Montclair and Rutherford. They won’t be flocking to the hinterlands of Wayne.
I will tell my neighbor that he can expect a full 875K offer anyday from a millenial for the (new) home he paid $885k in in 2014. That millenial will get 70K of upgrades for free. Going on 5 months, no offers..I will tell him any minute. We are similiar to Wayne except better schools, better dowtown, 2 D1 universities and 4 separate beaches on LI sound. 75m commute to GC. Crickets in CT.
I wish that moron would stop referencing me in his ramblings. He reads one article and he is off to the races.
Bs. The labor market is making a huge comeback like I predicted way back in 2012/13. Your field might be f’ed, but that is not the case across the board. Look at the data: the population is higher now than 10 years ago, yet the participation rate is up, unemployment rate way down to historically low levels, and there is wage growth happening on a yearly basis of almost 4% in a low inflationary environment. Don’t apply your personal situation to the entire economy.
Do you know how much traffic there is in the morning? Keep telling me there are no jobs…where are all these people going? I have never seen it this bad in September.
Bystander says:
September 27, 2019 at 10:14 am
Lib,
What is different this time is that suburban jobs are either gone or paying much less than a decade ago. A plethora of cheap labor options coupled with current worker desparation means they will be shocked when they realize they still need a city commute. Pop a kid or two out and now your wife better work hard and make 6 figures to afford the nanny.
Yes, give them some time. This is the most educated demographic group in our nation’s history. They will be making a sh!t load of money if they are not already doing it.
My wife and I are at the 330k range, so the millennials are coming.
Bystander says:
September 27, 2019 at 10:30 am
I will tell my neighbor that he can expect a full 875K offer anyday from a millenial for the (new) home he paid $885k in in 2014. That millenial will get 70K of upgrades for free. Going on 5 months, no offers..I will tell him any minute. We are similiar to Wayne except better schools, better dowtown, 2 D1 universities and 4 separate beaches on LI sound. 75m commute to GC. Crickets in CT.
The traffic is horrible because NJTRansit is driving everyone to their cars. It’s worse than ever!
The traffic is also bad because the text at all times generation is now driving and constantly causing accidents. I’ve see more the past year than the previous 10.
Disagree. It’s simply more people getting involved in the economy. That’s the source of the traffic.
Yes, douche..just the financial “field” in NYC. You think paying highly skilled H1B solution architect about 90K does not impact what non-technical people get paid? Dream on. It is moving out..faster each day. The argument has never been jobs but whether the incomes for those jobs are rising or falling, considering inflation stat lies and rise in overall taxation across NYC area. We have plastic bag tax (which I agree with), and now car “trade in” tax in CT last few months. Sure, they are all running to burbs because they are just like you.
3b,
Nothing is 100% black or white. We all see things from our own perches. I absolutely agree that certain cities have completely changed in regards to young couples (Jersey City). I went downtown about a month ago and could hardly find any Latinos in an area that used to have abierta signs in most of the stores. There the change is certainly going to stick. But at the same time, it has gotten so expensive that this trend is now only affordable for the rich. I know, I still have a handful of JC and Hoboken friends.
My biggest concern is who is going to move into all of the active adult communities that are propping up everywhere you look?
Bystander,
How can the data be showing strong wage growth if your position is correct? How? For a lot of people, they are making a lot more money.
7:40 because everything about the POTUS is compromised, Hunter Biden is just another kid who managed to get rewarded with Nepotism.
7:59 there it’s out in the open, did that swing an election?
Manufacturing and construction, dufus. Those jobs won’t buy many 750K homes with 17K tax bill in Wayne. Most non-revenue, knowledge based jobs are competing with low cost labor pool globally. I deal with the dilemma way more than you. I see the fear everyday, of people potentially losing their jobs and companies who won’t promote or reward because they know that they don’t have to do it. Price elasticity of labor supply.. look it up, dummy.
Lib I agree. I just don’t see a massive flow of young people back to the suburbs for a variety of reasons previously discussed. I am also curious to see how the massive amount of apartment building in Bergen co will impact things. I do see older immigrant first generation families moving into the area with extended families all in same house. One I know has the husband and wife plus two kids and both sets of grandparents in a 3 bedroom 2 bath house.
More too the Biden story……
https://thehill.com/opinion/campaign/463307-solomon-these-once-secret-memos-cast-doubt-on-joe-bidens-ukraine-story#.XY02ewYDEV8.twitter
WeWork – give it maybe six months?
https://therealdeal.com/national/2019/09/27/the-purge-continues-weworks-head-of-real-estate-is-leaving/
Hilarious, I have to fly commercial now?
That was fast.
WeWork is selling the private plane used by Adam Neumann days after the co-founder stepped down from his post as CEO.
The company bought the two-bedroom Gulfstream G650 last year for $60 million for Neumann’s use, but the purchase immediately raised concern among investors and frustrated employees, according to Business Insider. The sale comes on the heels of mounting criticism of the co-founder that led to his removal as CEO on Tuesday.
https://therealdeal.com/national/2019/09/26/adam-neumann-is-leaving-but-it-wont-be-on-weworks-jet-plane/
AOC legislation – wants nationalized rent control. 3% cap on rent increases, and zoning code changes to allow more multifamliy affordable housing in the suburbs by eliminating height restrictions, and areas that require parking minimums or lot sizes of more than half an acre for residential property, or prohibit multistory residential building, will be deemed not supportive of equitable growth and lose funding.
https://www.curbed.com/2019/9/25/20882120/aoc-alexandria-ocasio-cortez-just-society-legislation-housing
No chance of passing…
bystander,
If you say so..
Does she think? This will destroy the real estate market. I will sell immediately. I’m not having my hard earned capital tied up subsidizing someone’s cost of living. NO WAY, NO HOW.
Juice Box says:
September 27, 2019 at 11:47 am
AOC legislation – wants nationalized rent control. 3% cap on rent increases, and zoning code changes to allow more multifamliy affordable housing in the suburbs by eliminating height restrictions, and areas that require parking minimums or lot sizes of more than half an acre for residential property, or prohibit multistory residential building, will be deemed not supportive of equitable growth and lose funding.
https://www.curbed.com/2019/9/25/20882120/aoc-alexandria-ocasio-cortez-just-society-legislation-housing
No chance of passing…
BRT,
You are right. I drive about 40 miles on 78 during morning and afternoon rush. The number of accidents on a very straight road with limited entrance and exits is astounding. Lately, I’ve been laying on the horn when I see people swerving and verify that they are on their smart phones. The number of people on their phones surfing while driving must be up to one in about five. I would be in support of a law that allows law officials to check the driver’s phone’s black box app (yeah, would be real easy to create) after they get into an accident. If they are found guilty of surfing while driving, then take away their license.
“grim says:
September 27, 2019 at 7:40 am
Why no discussion of Hunter Biden being the most egregious example of white privilege and political cronyism?”
Because they are all Hypocrite Democrats. It doesn’t apply them.
BRT,
You are right. I drive about 40 miles on 78 during morning and afternoon rush. The number of accidents on a very straight road with limited entrance and exits is astounding. Lately, I’ve been laying on the horn when I see people swerving and verify that they are on their smart phones. The number of people on their phones surfing while driving must be up to one in about five. I would be in support of a law that allows law officials to check the driver’s phone’s black box app (yeah, would be real easy to create) after they get into an accident. If they are found guilty of surfing while driving, then take away their license.
Same here, 78, there is always an accident near Clinton, Bedminster, or Berkeley Heights. 287, I don’t see these issues. 78 is absolutely insane. I’ve come up on some of the worst accidents on that road before the emergency personnel have gotten there. In no way would I ever consider stopping. Way too much risk.
Was going to install a truck horn in my car because my horn sounds like the road runner at low volume (meep meep). Nobody gives a crap when I lay on it.
AOC legislation – wants nationalized rent control. 3% cap on rent increases, and zoning code changes to allow more multifamliy affordable housing in the suburbs by eliminating height restrictions, and areas that require parking minimums or lot sizes of more than half an acre for residential property, or prohibit multistory residential building, will be deemed not supportive of equitable growth and lose funding.
She wants complete control of energy and now housing. She is a totalitarian in nature.
Disagree. It’s simply more people getting involved in the economy. That’s the source of the traffic.
Ever since NJ transit started cancelling 7 trains a day, more people have opted to drive. Accidents are up and you can look up the stats on that one. If there are more cars on the road, it’s because NJ Transit has been awful the past 2 years.
https://www.nytimes.com/2019/09/27/nyregion/njtransit-commuter-delays.html?fbclid=IwAR1SG5IvTJaJirkGkb9XKU5rMqTaSImdWrWC_cuYWRzDAr4GR9noaUQVgYw
If we have nationalized rent control, who in their right mind would buy a home? You would have to be an idiot. Just go and live in the subsidized housing with no chance of rent reflecting a realistic market price.
Sure, Joe.
Who cares what Adolph is doing..did you hear about Paul von Hindenburg’s son?
My take on Biden is how can he possibly have arranged such a deal for his son if he hasn’t even been able to collect a net worth of under ten million after a lifetime in the highest offices in DC?
Maybe he just spends it all?
Another take on the Repo issues.
The higher rate in the US compared to other countries combined with inverted yield curves in Europe and Japan is causing foreign Central Banks to use up US dealer reserves by putting their capital into foreign Repo facilities at US dealers like JP Morgan.
This allows foreign Central Banks to keep their exchange rates low while also taking advantage of attractive overnight interest rates in the US.
Link to the research from Credit Suisse.
https://research-doc.credit-suisse.c…34061071196160
Turd – what’s not to believe? Bill Clinton’s brother took cash from people to sell pardons, of which he received one for himself from his brother on his last day in office. Nobody batted an eye, nobody went to jail, there was no impeachment inquiry or FBI investigation.
Turd -what’s not to believe? Here is a not so new story from early August about the Biden boys in 2006 before Joe was VP – “We’ve got people all around the world who want to invest in Joe Biden.”
https://www.politico.com/magazine/story/2019/08/02/joe-biden-investigation-hunter-brother-hedge-fund-money-2020-campaign-227407
Leftwing,
I don’t think is a circular firing squad issue.
The fact is the “Wall Street” aka Thurston Howell III was always a “Rockefeller” republican crowd. That crowd was already feeling unwelcome in the post civil rights legislation republican party, which all of the sudden was full of the old southern democrat segregationist and religious social conservative crowd.
They came over very willingly to the Dems when the Clintons put “For Sale” signs on the Democratic Party, nothing said it larger than Travellers’ purchase of Citibank which was illegal because of Glass-Steagal, it kept being illegal for 1 year, until the law was changed and Sandy Weill looked like a genius.
So what’s happening now, is the labor/working class side, which was sold out and blockaded out by the Clintons is reasserting itself and telling the Wall Street crowd to take a hike.
leftwing says:
September 27, 2019 at 8:19 am
https://www.cnbc.com/2019/09/26/wall-street-democratic-donors-may-back-trump-if-warren-is-nominated.html
So let’s see there are no funds for an election if the female soc1alist is nominated, Biden will be toxic after any Ukraine investigation, and the male soc1alist has lost his mojo….
Who’s left?
“Why would any politician [Warren] let this kind of chance to take a shot at their main rival for the Dem nomination pass?”
I you really don’t like your father in law and he goes terminal after a two pack a day habit what do you say? Stupid cranky old fcuk deserved it, I’m happy? Or gee I hope they look at it harder and he’ll be OK?
Don’t tie Trump and Biden together in going down over this. It is a non-event for Trump. There is a well worn news cycle on these types of events with him. First move is always the gleeful hopeful left and established media grabbing the megaphones and running hard to their absolute wet dream conclusion. First pushback will come on the Sunday shows this weekend. Then the Biden cracks will appear. Then a new weekly cycle. Then another Sunday cycle.
Remember re: Trump impeachment that everyone, including the Dems, knows he will not be impeached if it even gets that far. No chance there are even close to enough votes in the Senate.
Bringing the impeachment inquiry in the House over this has absolutely nothing to do with actually getting him impeached.
Non-event, sure, Left, sure..you sure seem amped up in his defense for no worry at all. Maybe people are finally sick of his BS. Takes meetings with Russia to get dirt on Hilary, openly flaunts the he would take dirt from foreign govt then solicits help from foreign govt to get dirt on rival. Dems are the crazy ones, not the delusional red hat defenders.
FridayMe
Agree. The Repubs have become more populist and the Dems more corporatist.
Repub populism started even before this, one could argue with Reagan.
..but I agree, he will not get impeached because of cowardly, ball-less Rs. There is no way anyone would put up with this $hit, in a sane political landscape. I think Twitter followers scares hell out of Rs and they seem to think it means votes, which it does not.
“Non-event, sure, Left, sure..you sure seem amped up in his defense for no worry at all.”
As I said yesterday please do not mistake my absolute joy at the Dems shooting themselves in the foot yet again with concern for (or sympathy with) Trump.
I’ve said for over a year here I want Warren to be the Dem nominee. Period, full stop.
This Ukraine affair advances that prospect much further down the field. That is what I am seriously amped about.
And don’t forget I’m also on the record here that Trump is a freakshow and that I’ve never voted R in a Presidential election.
Plus, regarding emotion, there was more than a little bit of bling effect there. Fcuking nailing the transcript trade for an 8x return in hours on wednesday is literally the best I’ve done in a long time.
Who’s left?
I think we should elect another Hawaiian. She is a real Mahina too.
https://twitter.com/TulsiGabbard/status/1094380860508422146/photo/1?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1094380860508422146&ref_url=https%3A%2F%2Fwww.washingtonexaminer.com%2Fnews%2Ftulsi-gabbard-surfing-congresswoman-rides-political-wave-after-first-debate
Moral of the story, human nature blows. Politicians are a perfect example of how flawed humans can become in their hunger for power. Just disgusting behavior by people that claim to love America and its people.
Worst part, nothing ever happens. Not one arrest. Always put under the rug and hid away.
Warren is a phony. He would Pochantas her all the way back to Mass. I guess that is what you want. We need a serious person, on either side but I guess serious is unelectable these days. Sh&t, Romney looks like a god-send now..well the god from planet Kolob anyway.
No more Boomer Locusts for president please. We should declare their time is up already and send them off to the Sunrise Center for Assisted Living so the taxpayers don’t have to pay 1st class rates for dressing, bathing, eating, and toileting them anymore.
A 3% rent cap increase might not be so bad. I have a some good tenants that have not seen an increase in many years. They take care of these long distance properties and I don’t get any calls at 2 am. I would though welcome a law that forces me to increase their rent. “I hate to do this to you, being you are such a good tenant but it is the law”
Btw if Hillary was president what would the odds be that the whistle blower dies in a plane crash while attempting to commit suicide on railroad tracks in Arkansas drinking a Starbucks coffee this weekend?
“Romney looks like a god-send now…”
Dear Lord, let’s not get crazy now.
Listen, in the primaries in 2016 a majority of each Party voted for someone to come in and break the china. Trump got the Repub nomination, the Dems kept it from Bernie.
In the National election the desire was re-affirmed. No establishment. Let’s break the china.
Well, this is what breaking all the china in the cabinet looks like. And for a second don’t believe that Bernie wouldn’t have been just as crazy if he were the one elected President. Less crass and vulgar, but still batshit crazy.
Breakups are never easy. We collectively wanted to ditch our mate, the political establishment. We are in the middle of divorce proceedings which are never pretty. We do get to the other side though where things are much better.
Romney? Biden? Seriously? Why would we ditch our mate and then go running to his twin brother?
Walk,
…and a Comet pizza box in the other hand.
Bystander
Lol, I’m looking up comet pizza now. I must have missed that one over the years.
Left,
I like the busting up part of the government. What I don’t like is the Republican agenda. Trump’s doing both. Our health care is still fcked. You can’t be anti regulation and try to regulate all women at the same time. Then there’s the whole private school thing. Which is it? Is he anti-establishment or just anti the other establishment?
And yes, this impeachment is pure politics. Like Clinton, he will not be removed. Everyone know’s that. But it will be nice to put that brand on HIS brand. Especially considering his hyper ego.
I don’t think anyone thinks anything else. And if the shoe was on the other foot, the Republican’s would be doing the same.
Both parties continue to suck balls.
Bergen County mayor/real estate agent foreclosed, evicted, moved in with parents.
https://newjerseyglobe.com/local/bogota-mayor-evicted-from-home-failed-to-pay-property-taxes-mortgage/
“I like the busting up part of the government. What I don’t like is the Republican agenda. Trump’s doing both.”
Agree. And if Bernie were in he would Green, taxes, etc. Doesn’t matter who/what the transitional entity is, but that they are breaking the mold. Opens the field up for a new generation of non-establishment players. And when they arrive Red will still have Red concerns and Blue will still have Blue. But it won’t be the old guys.
“And if the shoe was on the other foot, the Republican’s would be doing the same.”
I don’t believe this. Not because the Repubs are better people. Because running impeachment on this after the major fails on Kavanaugh and Mueller is about the most stupid political move I’ve seen recently.
Dems are going into a situation they know they will lose, that will tarnish one of their Party standard bearers, that alienates rather than attracts the voters they need, after two major fails. All the while knowing that after the failed Clinton impeach the other side cleaned up in Congress, turning it Blue.
Repubs are dumb, but not that dumb.
Make sure everyone listens closely and takes Leftwing’s analysis seriously as he has proven his political acumen is unmatched and completely on point….
leftwing says:
June 11, 2018 at 10:48 am
“The left is only going to get more unhinged as we head into the midterms.”
6-8 months ago I was sure of the red wave. Pivoted to uncertain in the interim with the special elections, the shortcomings of certain specific red candidates notwithstanding.
Back to net red pickup in both houses, possibly strong, so long as the economy and market can hold gains for five more months.
No matter how well DeNiro played to the local crowd, that doesn’t play in Peoria. Especially the standing ovation.
Thanks for the good laugh red.
Recession is coming or already here.
“U.S. Inflation Decelerated in August”
https://www.wsj.com/articles/u-s-inflationdecelerated-in-august-11569590738?emailToken=3543c2fe5368994df85a3c7fcd0cbad27pH3JaNMezXNY790SMCvtbl99jpo2gXcKsVejSWHlXYWatq5tML07N8QWrerb/8K0hWmKsbfKDCpmQuPotCCfg%3D%3D&reflink=article_copyURL_share
Nail in the coffin?
“Economists lower third-quarter growth estimates after household spending nudged up 0.1% in August”
https://www.wsj.com/articles/u-s-consumer-spending-slowed-sharply-in-august-11569587637?emailToken=c71c7f414bc6e13a1a3b443c275f571aA91m6rj0dcqgc0P2+B81AHDKhnEqukXerPF/ROAXNBp015gseADWbh3cKqiuy34RTL/rkJiI7XRlFot2j8QD6xY/1ncN7ul3QQwBMGMUUCY%3D&reflink=article_copyURL_share
It’s popcorn time.
“Nail in the coffin”, Recession? maybe? but the article actually says this:
“Many economists expect the annual inflation rate to tick higher in coming months amid brisk growth in workers’ wages, solid consumer demand and a steep decline in borrowing costs this year. With unemployment hovering at the lowest rates in half a century, average hourly earnings for U.S. workers rose 1% in the three months through August, the biggest such gain in a decade.”
Yes, but that drop off in consumer demand is huge. Maybe they come on strong the next month and this was only an anomaly, but if this happens on consecutive months, businesses will act on it if they already have not.
The economy is too strong fundamental wise to see a major recession. If the recession is here/coming, it will be quick. The millennials are coming to spend all their money and some…
Good, I just transferred about $300,000 in college and related funds to my millennial kids, hopefully they can return that to the economy.
The dems are a morass…. get Biden out of the way and try to galvanized the party to take out Trump. However, they have no ideas…. nothing to offer…. where is the governance? dead in the water…..
At this point, I don’t care who is in charge… let’s just deal with China and Iran, and protect our economy….
The Clinton impeachment saga lasted six months. If it takes six months this time, it’ll wrap up just seven months before the next election. Why bother? The voters will have their say soon enough. And impeachment will eat Washington. Nothing else will get done. This should matter to Democrats, because it looked as if they might get at least some of their gun-control ideas passed into law. Not anymore. Gun control has been pushed off the back burner and disappeared behind the stove.
https://nypost.com/2019/09/28/trump-impeachment-saga-is-pointless-repeat-of-1999-bill-clinton-effort/
Noonan:
Among Trump supporters right now, the Ukraine story would look like a Washington-centric phony drama—more partisan nonsense, business as usual, ignore it. But if the story gets bad, if it comes to be thought of as a real national-security question, as the whistleblower charged in his report, they will pay attention and care.
So much depends on who’s called to testify and what they say and how ugly a picture they paint.
Wholly anecdotal but perhaps significant, I heard this week from two separate Trump supporters, one in the past passionate, the other whose support was always softer, who shared their dismay at the Ukraine story. Both said these words: “Maybe Pence wouldn’t be so bad.” They were exhausted by the drama and wrongness. Why not the man with the soft white hair?
In the end, in purely practical political terms, the one person who will be hurt by this story will be Joe Biden. Every telling of this story necessitates pointing out that Mr. Biden’s son Hunter had cozy financial relationships with other countries, including Ukraine. It’s real swamp stuff. It looks bad, say the former vice president’s friends. No, it is bad.
It is infuriating that members of America’s leadership class so often show themselves to the world as self-enriching. As a nation we spent the 20th century presenting ourselves to the world as a truly moral leader, a self sacrificing country, one to be looked up to. In the 21st century our political figures and their families too often look like scrounging grifters—Americans with connections who can be hired, who leverage connections to fame for profit. There’s a fairly constant air of soft corruption, of an easy, seamy reality of big-power back scratching.
It makes America look bad. It makes us look weak and craven, like we can be bought.
There should be something called the Class Act. If you have any class, you don’t profit financially from a relative in power in the world’s greatest democracy. You don’t embarrass your country that way. Because, you know, you have class. You’re lucky to be from a respected family. A president or vice president might say, “It’s unfair to make my child sacrifice a deal because of what his father does!” Actually, no one asked you to ask for power; no one told you to want it. If you get it, it’s an honor. Do your job. Yes, your family should sacrifice, as should you
ChiFi,
You just touched on the points that if Trumps keeps pressing will win him the election if the Dems put Morass Biden. With Sanders or Warren, at least there is a clear set of ideas that they want put into law.
Keep beating China up and force more tariffs, does 2 things at a time. Iran and Saudi Arabia, we don’t need their oil anymore, let our enemy and our frenemy fight it out for the right to molest camels. The economy, well the brutal closing of the border for unskilled labor has done some good, but he’s missing the corporate prosecutions. Now if he does for skilled labor, Trump will get way more mileage for the economy.
chicagofinance says:
September 28, 2019 at 10:39 am
The dems are a morass…. get Biden out of the way and try to galvanized the party to take out Trump. However, they have no ideas…. nothing to offer…. where is the governance? dead in the water…..
At this point, I don’t care who is in charge… let’s just deal with China and Iran, and protect our economy….
Tell Noonan, the “Class Act” is null and void until the last of the morally and intellectually bankrupt boomer locust in government or corporate power is dead and cremated (don’t trust buried with this jerks)
A prime example is you can draw a straight line between the way the immigrant border crossing kids are treated and Bill Clinton/Newt Gringrich ‘s welfare reform (both great models of intellectual and moral bankruptcy).
Up until that point the chattering ideologues talked about it, but no one did anything because they knew they would heart kids. It took these 2 shining examples of boomer generations to start the ball rolling.
When the truth comes out about the kids & ICE care. It’s going to make the Catholic Church and the Boys Scout look good in comparison.
Red, thanks for the laugh.
Never said I prescient.
Never was, and never will be, a cheerleader though.
Level of confidence…as in the above on the midterms was not high.
On Trump getting impeached this go around….0% chance of happening.
Just raise your hand if you want a side bet on that one lol. Anytime.
“One doesn’t normally look to The New York Times for pushback to the Resistance, but this week the Paper of Record made an honest attempt to break outside the Acela corridor and ask Americans outside the political class what they think of impeaching the president. What they found was very little interest in impeachment. A recent poll showed 57 percent opposition to impeachment”
A good part of my opinion on the partisan matters is formed by a sister and BIL in TN, a niece and husband in OH, and another direct family member in MI.
They’re generally a pretty good barometer. Got three-fer on impeachment, basically the AYFKM in the Post article. Significant because OH and MI are millennials and leftward leaning.
Remember, their opinions matter. Bigly. Yours and mine? Fcuking absolutely worthless lol.
10:59 have another drink Peggy. You dusty old cunt.
Back to Real Estate, Florida of course,
https://wolfstreet.com/2019/09/26/miami-real-estate-is-about-to-collapse-this-is-about-condos-and-it-would-be-funny-if-it-werent-so-serious/
There’s a bit of trump exhaustion out there but when this all sees the light of day I think this will be seen for what it is. Another orchestrated hoax between the media, Democrats and corrupt intel people. Just like they did with the dossier.
Apparently corrupt people in the CIA feel unpowered to influence politics here like they do abroad. The lengths they’ve gone to destroy this man are mind boggling. Just like shumer predicted.
Regardless of how one feels about Trump the Hunter Biden thing smells. The Dems May be sorry they are doing the impeachment route.
Hunter Biden? Yeah riiiight.
This is why moving to Fl to save on taxes doesn’t work. Glad you saved on taxes..
Saturday Naptime says:
September 28, 2019 at 12:46 pm
Back to Real Estate, Florida of course,
https://wolfstreet.com/2019/09/26/miami-real-estate-is-about-to-collapse-this-is-about-condos-and-it-would-be-funny-if-it-werent-so-serious/
Yeah, it doesn’t work. As if a retiree who paid 350k cash for a friggin palace and no property taxes cares about what people are selling for on Miami Beach.
Huh?
The point I was making, you buy the wrong part of the Florida real estate cycle and you are dead. A lot of people leaving for cheaper taxes get killed.
Blue Ribbon Teacher says:
September 29, 2019 at 8:45 am
Yeah, it doesn’t work. As if a retiree who paid 350k cash for a friggin palace and no property taxes cares about what people are selling for on Miami Beach.
“The point I was making, you buy the wrong part of the Florida real estate cycle and you are dead.”
Punkin, master of the rear view mirror and prognosticator of the sunrise in the East.
Soon to be under water Miami Beach.
Coming sooooon: water front in Plantation.
Florida is building everywhere. I read somewhere like 14,000 + homes in West Palm on former cow pastures aka Everglades.
Avenir, former ranch 4,763-acres in West Palm.
https://www.palmbeachpost.com/news/20190125/heres-whats-new-with-avenir-gardens-big-new-development-out-west
Funny they are promoting a lake of “very clear” lake of water where people can also practice water sports, that is only if Chomp the Magic Gator isn’t around.
Pumps – The northeast will kill you with cold weather and taxes. FL makes sense for many and will continue to do so as Florida will not under any circumstance lose their edge to other states on the East Coast. Where else are they building hundreds of thousands of new homes on the east coast right now? Florida is expecting Millions of boomer retirees in the next decade or so and have already laid foundation for many with new roads and infrastructure.
No one retires in Florida with the expectation to sell their home. They die in it.
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