No return to “normal”

From A Wealth of Common Sense:

Why It Could Be Years Until We See a Normal Housing Market

The people buying homes today have excellent credit scores. This wasn’t the case in the subprime boom of the early-to-mid aughts when the majority of buyers came from people with low credit scores.

Just imagine you’ve owned your home for 5 years or more. By now you’ve certainly refinanced at least 2-3 times and likely have a borrowing rate of 3% or less. You’re also sitting on some nice equity through a combination of principal payments and rising prices.

It sure doesn’t seem like housing prices are going to stop rising any time soon and rents are also on the rise so it makes sense people are choosing to hold onto their original property even after buying something new.

They can simply charge enough rent to cover the mortgage, insurance and taxes and still come out ahead by slowly paying down a cheap mortgage and seeing their house go up in value.

If I had to guess it’s going to be years until we see anything approaching a “normal” housing market. We simply didn’t build enough homes following the last housing crash to meet the demand coming from millennials reaching their household formation years.

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

120 Responses to No return to “normal”

  1. dentss dunnigan says:

    Foist

  2. grim says:

    From SHRM:

    Year-End Employee Quits Remained Near Record High

    The phenomenon called the Great Resignation continued in December 2021, as 4.3 million U.S. workers quit their jobs. That’s slightly down from the record 4.5 million in November and continues a monthslong streak of historically elevated churn, according to the monthly JOLTS report released by the U.S. Bureau of Labor Statistics.

    Quitting has been especially high in health care, hospitality and construction, as well as low-wage sectors in general, where workers have been leaving their positions partly in response to increased opportunities in the labor market as job openings strongly outnumber those looking for work. There were 10.9 million job openings posted on the last day of December, far more than the roughly 6.3 million people counted as unemployed.

    “Overall, 2021 saw a historic surge in workers voluntarily leaving their jobs as the quits rate reached higher and higher peaks,” said Nick Bunker, director of research at the Indeed Hiring Lab. “More and more people left their jobs to find greener pastures as strong demand for workers resulted in a job switching boom. The result was wages growing at a rate the U.S. labor market hasn’t seen in well over a decade.”

  3. dentss dunnigan says:

    D’Souza Drops Must-See Trailer for Explosive Election Fraud Movie Exposing Alleged ‘Illegal Vote Harvesting’.finally chickens come home to roost ….will the media cover it ?

  4. The Great Pumpkin says:

    Said this for how long on here. Finally, people are realizing it.

    Not bad for the village idiot. Lol

    “If I had to guess it’s going to be years until we see anything approaching a “normal” housing market. We simply didn’t build enough homes following the last housing crash to meet the demand coming from millennials reaching their household formation years.”

  5. grim says:

    Lots of head scratching about the Pfizer re-approval request. Doesn’t seem very data driven at all. Even “voice of reason” Katelyn Jetelina (Your Local Epidemiologist) sounds fairly skeptical about the process and rationale here.

    Bottom line: I hope I didn’t make this more confusing, but… it’s complicated. As a mom with two kids under 5, I couldn’t be more excited that a vaccine continues to move forward. As an epidemiologist and public health official, I have lots of questions. We will be getting answers in the weeks to come as our checks and balances play out. I’ll be reporting back, like always, with the cliff notes. Hang in there!

  6. Juice Box says:

    Sure let’s keep testing a vaccine on kids formulated on the now extinct Wuhan strain..Look if we give the kiddos three shots it might work!!!

  7. No One says:

    ABC to Whoopie:
    We side with Hitler’s opinion over yours. You get a 2 week time out.

  8. Juice Box says:

    Dents- Plenty of cover has been laid ahead of time for chain of custody arguments. Yes people were paid to canvass the nursing homes and housing projects to collect votes, but the votes were legal and are signed. Heck Grandma with her cataracts was hired to work part time checking the signatures! No ballots flagged in that process.

    Did the mules fill them out and sign them too? That will be very hard to prove because it means hard time for anyone that did. Not that it does not happen. I lived in Hoboken people were doing it there all the time, paying for votes, harvesting ballots and even some times filling them out. Was it enough to change the election? No way to prove it now, there is not a court in the land that will touch it. It’s over.

    D’Souza book comes out last week of September perfectly timed to make some $$$ before the midterms.

    https://www.amazon.com/Civil-War-2-0-Dinesh-DSouza/dp/168451083X

  9. leftwing says:

    “Just stay in for the river and go all in when you are dealt it.”

    LOL

    “D’Souza Drops Must-See Trailer for Explosive Election Fraud Movie Exposing Alleged ‘Illegal Vote Harvesting’.finally chickens come home to roost ….will the media cover it?”

    Of course not. It will be banned from YouTube and any mention of its contents will be the basis of banning parties from Twitter, Facebook, etc. The misguided worried mothers backed by their cohort of frightened beta males will lean hard on their politicians assuring no coverage on traditional media, except negative.

  10. 3b says:

    It’s different this time for housing until it’s not. It never is. Lots of old timers in my town sitting in houses.

  11. Juice Box says:

    Who hooo, we are #1 again!!! We just pass 30 Trillion in National debt folks..

    https://www.usdebtclock.org/

  12. BRT says:

    lol, yes, there’s no question she’s definitely on Tilt

  13. leftwing says:

    “lol, yes, there’s no question she’s definitely on Tilt”

    It’s like watching a novice investor go through their first baptism by fire in the market but with $50B of other peoples’ retirements, college educations, and down payments. eeek…..

    Tilt…long time since I’ve heard that term. Cards down, walk away from the table….

  14. The Great Pumpkin says:

    It’s all about the cycles. So yes, this will eventually bust, but until the supply of housing picks up, it’s not going to happen anytime soon.

    3b says:
    February 2, 2022 at 8:22 am
    It’s different this time for housing until it’s not. It never is. Lots of old timers in my town sitting in houses.

  15. The Great Pumpkin says:

    You people are sick. You really are. Why wasn’t the election rigged when Trump won? Only when he loses, you f/ing babies.

    dentss dunnigan says:
    February 2, 2022 at 7:24 am
    D’Souza Drops Must-See Trailer for Explosive Election Fraud Movie Exposing Alleged ‘Illegal Vote Harvesting’.finally chickens come home to roost ….will the media cover it ?

  16. Phoenix says:

    Ever tried reasoning with a rabid Trump supporter?

    Chicago says:
    February 1, 2022 at 12:00 pm
    No. He needs to STFU, or else start cutting checks to make sure his parents live in dignity.

  17. The Great Pumpkin says:

    How would we be better off with Trump right now? Honest question.

  18. Libturd says:

    Crude might break 90 today.

  19. BRT says:

    in grad school, we’d play cards once a week. I’d go on tilt regularly. Doyle Brunson wrote an amazing book on poker. I learned a lot from that but knowing your stats just wasn’t good enough. It’s a game of discipline and patience combined with risk and aggressiveness.

  20. The Great Pumpkin says:

    Google is now a $2Tn company, or roughly worth 10% of US GDP. Def another flush coming.

  21. Phoenix says:

    Uhhmm…please give your friend a swift kick in the ass….

    Don’t have time. Too busy working. You know, that shortage of “producers.”

    He will just pay cause people in my industry are not going to do freebies anymore.
    You don’t get other industries to work for nothing. That’s why it’s getting ugly.

    A morning laugh for you. Haha:

    https://bit.ly/3salhdB

  22. Fast Eddie says:

    How would we be better off with Trump right now? Honest question.

    – A secured Southern border
    – Making Putin an offer he couldn’t refuse
    – Energy Independence
    – No disruption in supply lines
    – A slow starvation of China
    – More stability in the DOW/NASDAQ
    – Greater accountability and further advancement in the covid fight
    – A real infrastructure plan that doesn’t include useless, psych0tic s0c1al engineering
    – Modernizing the regulatory framework for agricultural biotechnology products
    – A further investment in the ReConnect Program
    – Expanding opportunity zones for businesses for minorities
    – Support for law enforcement
    – Opening schools so kids can be placed in a proper learning environment

    This is off the top of my head. What we have so far in this administration is a shit-stained numbskull paraded around by progressive left1sts who are now at the point of public feuding and no direction.

  23. Phoenix says:

    Feel free to roast his nuts. Somehow I don’t think he would notice:

    No One says:
    February 1, 2022 at 1:17 pm
    Brussels sprouts can be pretty good roasted. Maybe Biden is the same?

  24. Phoenix says:

    Eddie,

    Repeat after me. Trump is no longer president.

    The people have spoken. The war will start when the Boomers elect the next brain dead President.

    Cause they can’t help themselves from picking losers.

  25. BidenIsTheGOAT says:

    Snakeoil salesman was pretty lucrative back in the days. Not much has changed.

  26. Phoenix says:

    Plus Eddie,
    The more the middle class declines, the more likely they will vote strongly liberal, as they will need those freebie care packages that liberals drop.

    Plus women vote more than men, and they vote considerably more liberal then men do. They also know how to market themselves, instead of doing dirty jobs, they kvetch amongst each other.

    Next election is going to be as fun as the SuperBowl.

  27. Phoenix says:

    This was an expensive futile effort to save Boomers that now the youth gets to burden. You don’t think they will ever want to pony up some cash for the bill they rang up do you?

    study finds
    New study says lockdowns only reduced COVID mortality by .2 percent
    Economists who carried out a meta-analysis found draconian restrictions imposed in spring 2020 – including stay-at-home orders, compulsory masks and social distancing – only reduced Covid mortality by 0.2 per cent. They warned that lockdowns caused ‘enormous economic and social costs’ and concluded they were ‘ill-founded and should be rejected as a pandemic policy instrument’ going forward

  28. Phoenix says:

    Even the 4 year old kids can’t take it anymore. Can you blame them?

    “Boy, 4, fatally shoots himself in the head while playing with his father’s gun in backseat of car”

  29. Phoenix says:

    Now imagine if the genders were reversed. They would still hunt a guy like a dog.

    “Prosecutors have dropped charges against a Missouri high school teacher after she married the student she was accused of having sex with.”

  30. The Great Pumpkin says:

    Fast,

    Fair enough. That’s a solid list. Instead of focusing on Trump, the Republicans should find someone that can win and carry that out.

  31. Fast Eddie says:

    Repeat after me. Trump is no longer president.

    A general question was asked, I responded. Yes, Trump is no longer president… though the l1beral media outlets talk about him every day.

  32. Libturd says:

    I am decent at poker. Not just because I know the stats and calculating pot odds, but because I am extremely good at getting into people’s heads. What I’ve learned over the years is that the stats are the easy part. Even the mind game is pretty easy. The toughest part is the aggressiveness versus the patience. If I gain an early lead, I’m deadly, like most experienced players. But if I am card dead, I completely suck. I know it comes across sounding obvious, but being able to play a good game while being card dead is more important than any other aspect of the game. I am extremely disciplined and patient as well. It just seems like when I am in a run of weak hands, whenever I finally get a playable hand, I still manage to lose. When this occurs, I’ve often used the tried and true strategy of occasionally playing whatever you are dealt as if you were holding the nuts. But this only works when you someone does not have a large stack, as they will challenge me with anything when my chips are low.

    It’s kind of like what I witness on my kid’s sports teams. You get a lot more bang for the buck improving the weak links than focusing on the stronger players.

    I am also kind of sucky at no limit. I can wipe out the 1:2 table. Can hold my own on the 2:4 table. Get my ass whipped most of the time at 5:10. Though I prefer the home game over the rake every time. Love tournaments when the house doesn’t take too much.

  33. Phoenix says:

    Repub Lawbreakers are now fully confused? Do we support the truckers that are fighting for freedom, or the Back the Blue who are about to arrest them and seize their vehicles?

    Hahaha.

    Choice 1. Bravely run away away. Turn your tails and flee like Sir Robin.

    Choice 2. Don’t resist, and say goodbye to your trucks and enjoy jail time.

    Police threaten to ARREST truckers blockading the US border in Alberta unless they leave now: Cops give Freedom Convoy an ultimatum after their one-time cheerleader Justin Trudeau turned on them for protesting his vaccine mandates

  34. Libturd says:

    Phoenix,

    The Republican stance on abortion is what will be their undoing. Like gay marriage, the majority supports the woman’s right to choose. Regardless of EVERYTHING ELSE, if Roe V. Wade goes down, so will the Republican Party.

  35. The Great Pumpkin says:

    I wonder what the impact these truckers will have on the supply lines. Might keep inflation around for an extended time. Another issue to think about when it comes to the stock market.

    If war breaks out, anyone want to take a guess how much it will drop the market?

  36. 3b says:

    Phoenix: I agree as long as the millennials and Gen Z or whatever they are called , the younger generations continue to get screwed , soci@lism will look like an attractive alternative.

  37. SmallGovConservative says:

    Fast Eddie says:
    February 2, 2022 at 9:23 am
    “How would we be better off with Trump right now? Honest question.
    – A secured Southern border…”

    Good start, Ed. I’ll add a few more since it’s so easy to do…
    – Continued progress on peace in the middle east with additional peace deals between Israel and Arab countries as part of he Abraham Accord process
    – A safe and secure withdrawal from Afghanistan, with likely continued control of Bagram so that we know what’s going on there, and maintain control of our military equipment
    – Continued neutralization of Iran (instead of them returning to the trouble-making we’re now seeing in Iran, Yemen, etc…)
    – Continued neutralization of ISIS (don’t look now, but they’re making noise again — thanks SlowJoe)
    – No new radical leftist supreme court justices (like we’re about to get)
    – Engagement and progress with N Korea (for those not paying attention, they’re testing military hardware more frequently then ever)
    – Hot first lady

  38. The Great Pumpkin says:

    My brother said supply lines still f/ed. Still waiting on items for his plumbing business.

  39. Phoenix says:

    Lib,

    I agree. All of the policy is now driven by women. But men are too interested in looking at their bodies and ignoring the policy they are driving.

    They are systematically eliminating men using social media. They go to college learning things like psychology and marketing- during a Super Bowl, they made a commercial where a woman attacks a man- Domestic Violence during halftime. Men just sit there, drink and laugh.

    Need a drug? 9 out of 10 times its a female announcer. Alexa? Female.

    So Lib, they are Pro Choice, they are pulling the strings, and with the exception of a few old Boomer women and midwestern girls (who don’t have the education) the women of today are clearly winning the race in dictating policy that they want.

    Anti Abortion is a losing proposition for any politician today.

  40. BidenIsTheGOAT says:

    Roe vs Wade being overturned doesnt ban abortion, it removes the federal protection of near unlimited abortion. Turning it back to the states allows them to create their own laws. And most people do support abortion limits. Implying that overturning it does make it illegal is great fodder for the outrage industry.

  41. leftwing says:

    “I’d estimate the bottom is $2 to $5. That company [HOOD] is a piece of trash that scams their client base…”

    HOOD will never, ever, ever, ever again see $85 per share. Ever.

    I pointedly avoid using the terms ‘always’ and ‘never’ in conversation as I’ve been around long enough to see the nearly impossible happen, more than once. And yet I have no problem making the above statement.

    Best case scenario is a takeunder M&A by a larger firm…more likely alternative is it fades into pink sheet oblivion alone or in some ugly marriage of convenience with another trash company.

    These talking heads predicting some large cash buyout (including by the likes of Goldman for goodness sake) are out of their minds…there is little of value the corporate entity of HOOD brings to a major house and in fact acquisition by one would be detrimental to what little business model HOOD actually has…thereby being value destructive, not enhancing, for both sets of shareholders.

  42. Libturd says:

    Phoenix,

    My favorite Republican conundrum is their flip flopping on Covid deaths. For the longest time, people weren’t dying of Covid. They were all dying of underlying issues. And par for the course, the counts could not be trusted (when they work against their narrative). The goal was to make Covid look like the common Flu, as so many originally claimed. Now, the narrative is make the number look as high as possible now that more people have died under Biden’s watch than under Trump’s. What a complete 180 turn. And as usual, Republican math ignores all of the necessary variables to try to make an apples to apples comparison. Of course, the rednecks and morons who will believe anything don’t concern themselves with the truth or the math. If it sounds good, then it must be true.

    I’m sure this documentary on the stolen election too will leave out the math and the fact that there was likely small amounts of fraud on both sides. Heck, then there’s this,
    https://youtu.be/sQGl0a6mcIQ?t=37

  43. Old realtor says:

    The 2020 election has been more closely examined than just about any modern presidential election. To date there is no evidence of fraud sufficient to have changed the outcome. The former president has not stopped crying foul since election night and continues to cry. The majority of his party questions the validity of the election without evidence, solely on loyalty to Trump.

    Dinesh D’Souza was convicted of campaign finance violations and sentenced to 5 years in federal prison in 2014. In 2018 he was pardoned by Donald Trump.

    Can you understand why people may have questions in their minds regarding the reliability of the information in this film?

  44. Libturd says:

    I don’t a believe a word that comes out of his mouth.

    Remember the inauguration crowd (penis size) comparisons? What a way to come out of the gate. Nothing like kicking off your presidency with a completely false and unnecessary lie. But it sure laid the groundwork as to what was to come. I mean, how could he lose? Didn’t you see the crowds wasting their time at his rallies?

  45. Phoenix says:

    Implying that overturning it does make it illegal is great fodder for the outrage industry.

    No one is driving the “outrage industry” bus more than women are today. And the bus at the front of the line is the abortion one.

    Keep doing your “Mike Rowe” dirty jobs and keep your trap shut. Women are not going back on R VS W that is for damn sure.

    Need a shovel to dig your own grave? Nope, looks like you got one.

    Lets start here.

    Moms against: Drunk Driving
    Moms against: Marijuana
    Moms against: Racism
    Moms against: Gaming
    Moms against: Poverty
    Moms against: Vaping
    Moms against: Masks
    Moms against: Drugs
    Moms against: Hunger
    Moms against: Trafficking
    Moms against: Mold
    Moms against: Bombs
    Moms against: Mercury
    Moms against: Poverty

    There isn’t a thing a Mom isn’t marketed in. And these are the old goats.
    The young ones use Instagram and Tik Tok- comedy to incite outrage.

    And they are good at it.

    Men on the other hand- silence.

    Just look how successful cancel culture is- driven primarily by women. So successful it’s even backlashing on some of them.

    You tell them to get back in the kitchen, no, you get back outside, cut the grass, wash the car- and when you are done do the laundry as well.

    Hahahaha.

    Go ahead, take them on with Roe vs Wade. I’ll take that bet.

  46. The Great Pumpkin says:

    Eurozone Inflation Rises to Fresh Record, Against Expectations
    Economists had long expected inflation to fall, but a fresh surge in energy prices delivered a major surprise

    https://www.wsj.com/articles/eurozone-inflation-rises-to-fresh-record-against-expectations-11643799121

  47. Libturd says:

    How about Moms in Portland during the Trump WOKE protests?

    https://en.wikipedia.org/wiki/Wall_of_Moms

  48. The Great Pumpkin says:

    Look at google 5 year chart. Tell me that isn’t scary. Easy money scares the living sh!t out of me. Something is going to happen to tank this entire market. Money isn’t made this easily for this long.

  49. Fast Eddie says:

    Joe O’Biden just announced he is nominating Rachael Dolezal to fill the Supreme Court vacancy.

  50. Phoenix haha edition says:

    Wonder if the Canadian Po Po is going to be on a video kneeling on the neck of a Canadian trucker telling him to stop resisting.

    Hahaha.

  51. Phoenix says:

    Eddie,
    You need a script for Valium?

  52. No One says:

    Partisans, which include nearly all media, always try to make the world seem terrible when their political opponent’s president is in power.
    The first time I really noticed this was in the 1992 election. There was a recession under Bush Sr., but the economy was already showing strong signs of recovery during the presidential campaign. However, the leftist media was only willing to portray the negatives of the economy, wasn’t willing to play up the story of the economy coming out of recession at all. Had it been a Dem president, they would absolutely have been playing up the emerging positives.

  53. Phoenix says:

    Lib,
    All joking aside, how often do men rally?

    Only time men rally is over guns and freedom.

    Children could be born with 3 heads and they wouldn’t even complain except for the extra mouth’s they would have to feed.

    Oh and this. This they really get angry over- it’s like pure self destruction.

    https://youtu.be/ndX2RFHmMNg

  54. Libturd says:

    Inflation is out-of-control. We are at the stage now where most companies that haven’t raised prices yet are about to. I’ve noticed this is a common theme in most of the 10-Qs that are coming through my team.

    Besides the obvious tolls, fuel and car prices (both used and new), Burger has announced paring back what is available on their value menu. Home builders margins are being threatened by the increases in material costs so they too plan to raise prices. Even the material manufacturers are planning to raise prices due to their own energy and basic material cost increases. Then there is the increase in labor costs. This could be the dangerous start of an out-of-control inflation cycle. I just put in a shopping order at Walmart + where some of the supply chain issues appear to have eased. Clearly prices are up by 20% or more on nearly all products besides produce. Dry goods, meats, tunafish, pasta. Prices are moving up across the board. Can’t wait to see what these things will cost in Whole Foods.

  55. Phoenix says:

    Eddie

    That would really be funny, really funny.

    Except for one critical thing.

    They are running the country. And the irony of that is–

    That is what makes that picture so funny.

    Americans voted for that.

    Let that sink in for just a minute.

    And you wonder why they want to legalize cannibis.

    Gonna need it to survive, that’s why.

  56. Phoenix says:

    Can’t wait to see what these things will cost in Whole Foods.

    They have filed to change their name from Whole Paycheck to Next Paycheck.

  57. Phoenix says:

    Just buy bags of rice, and tell your neighbor you are sorry when she says she let her cat out and can’t find it.

  58. Libturd says:

    Phoenix,

    I don’t even want to know how you found that. Are you okay?

  59. The Great Pumpkin says:

    Jobs report stinks.

    “The ADP employment report showed a 300,000 drop in January – much weaker than the +100,000 economists expected and pointing to a weak non-farm payrolls figure too”

  60. Bystander says:

    “Joe O’Biden just announced he is nominating Rachael Dolezal to fill the Supreme Court vacancy.”

    Comedy gold..that is a good one Ed

  61. Phoenix says:

    Has she pretended to be an Attorney as well? Seems like no one questioned this woman, it took her own parents to rat her out.

    Dolezal was president of the NAACP chapter in Spokane, Washington, from 2014 until June 2015, when she resigned in the midst of controversy over her racial identity. She received public scrutiny when her parents publicly stated that she was passing as black.

  62. Bystander says:

    I picture Small and Ed working on notepad, updating their Clown’s (delusional) accomplishments list and shrieking with delight when someone about what he did. Always so handy.

  63. 3b says:

    Pumps: ADP numbers are pretty much meaningless. They almost never line up with BLS numbers, and the market pretty much discounts their numbers. That being said BLS numbers could be weak on Friday as well.

  64. Bystander says:

    Printed headline: Drew Brees to Get Paid in Bitcoin via NYDIG’s BTC Savings Plan

    Real story: NYDIG to pay Drew Brees to agree to take part of his salary in NYDIG’s BTC Savings Plan

  65. Libturd says:

    Exactly what I was thinking, B.

  66. Libturd says:

    Wonky, but interesting FED Fund rate change versus predicted for 5 recent tightening and expanding cycles.

    https://www.cmegroup.com/insights/economic-research/2022/fed-rate-hikes-expectations-and-reality.html

    I’m in the complete minority, but I have a feeling they go 1/8th and done when the floor starts falling out from the tiny move. :P

  67. BidenIsTheGOAT says:

    I don’t see an inconsistency saying that covid deaths are inflated and also they are higher for Biden using objective counts. If the methodology changed that’s another story but Biden say he would “end” covid. He failed.

  68. Fast Eddie says:

    I picture Small and Ed working on notepad, updating their Clown’s (delusional) accomplishments list and shrieking with delight when someone about what he did. Always so handy.

    Fair enough. Just to be balanced, here’s O’Biden’s accomplishments:

    https://tinyurl.com/32vheucm

  69. leftwing says:

    Lib, 1/8th is too bizarre….it would create volatility and noise that would cloud the ability of the Fed to analyze the impact of their move. 25bps in March, maybe three more max this year, no way we get anywhere near the 7-8 floating around legitimate quarters now.

    The surest way to stop inflation is recession. The master key – that nearly no fed has – is to raise in exactly the amount and timing to bring the economy right up to the brink but not over….optimize slowdown without shutdown.

    Once you hit recession it’s game over….you’ve cured the disease but by killing the patient.

    This economy hits recession well before 7-8 cuts.

    And BTW another reminder to move your calendar to 2022 from 1982…not sure which broadcasts you’re watching that may have been reflected back to our atmosphere from the past but where the hell did all this talk of overturning Roe come from? Not happening in the Roberts Court.

  70. Phoenix says:

    but where the hell did all this talk of overturning Roe come from? Not happening in the Roberts Court.

    It’s instilling fear. Women are afraid of this, even if the chances are remote of it happening.

    Fear and victimization. Tools of manipulation.

  71. Fast Eddie says:

    The Washington Commandos? Ugh. How lame. Will no doubt be known as the Commies, for sure. Are they an XFL team now? Lol. Why not the Warriors? Or the Red Hogs? Or something juicier?

  72. Libturd says:

    Left. I hope you are right about RvW.

  73. Bystander says:

    Fast,

    Ironically, would he not be the best Dem prez is history if that list stays empty? hah..

    I don’t need a list of bullsh*t accomplishments like Red hat dolts need for Trumps. It is the economy stupid and rest of it is meaningless short term chair re-shuffling? Peace in the middle east? Seriously, dolts can f-off with the hubris. There will never be peace in that region.

  74. leftwing says:

    Phoenix, with a Biden announcement on POTUS forthcoming false flag as well….

    Focusing on reproductive rights where there is little unsettled except on the margin to obfuscate what will likely be glaring issues elsewhere…

    Plus, Joe can then get credit for his selection ‘saving choice’…..wish I could have been claimed credit on counterfactual gains when I was in banking, would been able to buy up half the Caribbean…

    Zero coincidence that fictional threats to Roe are raised on the of a nomination.

  75. The Great Pumpkin says:

    CHINA
    China Fortifies Its Borders With a ‘Southern Great Wall,’ Citing Covid-19
    Barbed wire, lights and cameras spring up, changing life for locals and making trade cumbersome

    https://www.wsj.com/articles/china-fortifies-its-borders-with-a-southern-great-wall-citing-covid-19-11643814716?mod=hp_lead_pos5

  76. leftwing says:

    “The Washington Commandos? Ugh. How lame…Why not…”

    I wanted to see them stay “The Washington Football Club”. Classic, as that format is the formal name of most franchises. European.

    And a big FU to the SJWs…..you took our mascot away, go fuck yourselves, we don’t need one.

    Changing it tacitly accepts their position…omitting it says we complied but don’t agree.

  77. The Great Pumpkin says:

    Good post.

    leftwing says:
    February 2, 2022 at 1:14 pm

  78. Phoenix says:

    Lib
    Roe vs Wade is safe.

    If not, there won’t be a man around who is safe.

    How to do videos will be posted on how to perform an orchiectomy at home with a bottle of vodka and a pair of scissors.

    No way we are going back to this. But you will find politicians, and women’s rights groups that will instill fear in women trying to get them paranoid they will be back to the coat hanger days.

    In reality, this will never happen again.

  79. 3b says:

    One 25 bp hike in March, another 3 spread out over the year subject to how the market reacts. Scary, when you think of it. And shocking that the Fed says we thought inflation was transitory. Scary again when you think these people are in charge of managing the economy.

  80. Hold my beer says:

    Phoenix

    I guessed correctly.

  81. Phoenix haha edition says:

    Ohhhh, SNAP:

    CNN President Jeff Zucker stepped down on Wednesday after being outed for his years-long secret relationship with colleague Allison Gollust, a relationship that only came to light publicly when Chris Cuomo pointed it out during negotiations for his severance package. Zucker and Allison Gollust, 49, have worked together for more than 20 years. The pair were both married previously, but are now separated from their partners.

  82. Hold my beer says:

    Was at Walmart this morning. Place was full of people stocking up on milk, bread, and canned food for tonight’s storm. My favorite shopper was a dude with a ZZ Top beard getting a box of a dozen Krispy Kreme donuts and a 12 pack of beer and nothing else.

  83. Phoenix says:

    HMB,
    She was not a druggie in the “classic” type. This stuff hits everyone. If she were a lowlife you would hear nasty things.

    This girl was a superstar. And yet still taken out.

    See this too often in my career. Makes me want to scream every time.

  84. 3b says:

    I guess Chris Cuomo figured if he is going down he will take the big guy with him. What an honorable bunch!!

  85. Fast Eddie says:

    Phoenix,

    Why did I open those f.ucking links to read those posts?

    Sigh…

  86. Hold my beer says:

    Phoenix

    It’s a depressing story. What a waste.

  87. Phoenix says:

    But at the end of the day, a criminal drug addict.

    See.

    Perception is everything.

    Cut people some slack. You never know how they got where they are.

    Have any of you ever heard of Provigil?

    You think the “elites” of the world don’t have a script of this stuff?

  88. No One says:

    Key info is that Allison Gollust is still Chief Marketing Officer of CNN still and was formerly Gov. Andrew Cuomo’s communications director.
    Now CNN’s recent love affair with disgraced governor Cuomo starts making more sense.
    That’s a way bigger deal than two executives secretly banging.
    Kind of like how those two CIA agents bonded their affair while strategizing how to take down Trump.

  89. Phoenix says:

    HMB,

    I love the Daily Mail. Snapshot of America that America refuses to post.

    Ring camera recorded this according to the article.

    A shout out to all the engineers who made these devices possible to give us the insight, reality, and truth of how humans act. Amazing.

    Poor kids are orphans now. Wonder if she killed him or she was just a dopey drunk? Seems like no matter how many sensors you put on a car some people just can’t drive.
    Maybe Elon can save humanity from itself with his cars.

    She looked like a nice enough lady……

  90. Phoenix says:

    Bill Burr might just comment on this one. It’s from Boston, and the cop was Irish.

    I’ll have to look out for that.

  91. grim says:

    Street dealers are cutting coke with Fentanyl?

    That’ll end well. Speedball took lots of great people (Belushi, Farley, etc etc), add Fentanyl and it’s the fucking grim reaper.

  92. Phoenix says:

    No One,

    You thinking there was some sort of triangle, octagon, or rhombus going on.

    She is attractive and has money…..

  93. BidenIsTheGOAT says:

    How desperate do you have to be to be passed back and forth between cuomo and zucker. Either a paid operative or not much self respect.

    But the relationship between fake news and the democrats is beyond incest. It’s inseparable. Then throw in the intelligence people and it’s quite a circle jerk they have. Throw a Rico at cnn and see what you turn up.

  94. Phoenix says:

    Coke is for the wealthy.

    There are plenty of wealthy educated drug addicts as well.

    However, they are treated like they have an illness compared to lower class drug addicts that should be neutralized in the eyes of society.

    Those with money usually have better connections, so get safer stuff.

    Swing and a miss on this one.

    Come into my arena. We know who is on what and how much you use. Legal or illegal, we got your number.

    It’s not worth the risk.

  95. Phoenix says:

    How desperate do you have to be to be carried like a six pack by Trump?
    Either a paid operative or not much self respect.

  96. No One says:

    Seems like smart and dumb people don’t listen to the pretty obvious lessons that drugs are bad for you.
    I have some sympathy for people who accidentally get addicted to painkillers. But people who get stung by recreational drugs, despite the endless ads and data warning about their risks, I have less sympathy. Do they not “believe in science”?
    Who hasn’t seen something like this ten times?
    https://www.youtube.com/watch?v=KeprIqxrDQo

  97. SmallGovConservative says:

    Bystander says:
    February 2, 2022 at 1:31 pm
    “I don’t need a list of bullsh*t accomplishments like Red hat dolts need for Trumps. It is the economy stupid and rest of it is meaningless short term chair re-shuffling? Peace in the middle east?”

    Typically myopic outlook; wouldn’t expect anything else from a Dem stooge that proudly voted for Hillary and SlowJoe. Fact is, thanks to Joe we’re virtually blind in Afghanistan and likely won’t have any sense of al-Qaeda’s plans until it’s too late. Likewise, given his appeasement of Iran it’s virtually certain that they’ll spread the type of chaos that will allow ISIS to regroup. So yeah, T’s accomplishments in the middle east really do matter! In the meantime, you can thank Joe for this…

    As Islamic State Resurges, U.S. Is Drawn Back Into the Fray — https://www.nytimes.com/2022/01/25/world/middleeast/isis-syria.html

  98. Ex says:

    3:07 weed is a godsend /

  99. BRT says:

    Seems like smart and dumb people don’t listen to the pretty obvious lessons that drugs are bad for you.
    I have some sympathy for people who accidentally get addicted to painkillers. But people who get stung by recreational drugs, despite the endless ads and data warning about their risks, I have less sympathy. Do they not “believe in science”?
    Who hasn’t seen something like this ten times? </i

    My entire family, siblings, cousins, the whole lot have abused drugs. Some are addicted. Some aren't but do so recreationally. Some are dead from ODing. I'm the one person in my family who has never ingested an illegal drug. I remember being in 5th grade and the teacher was going over "Here's looking at you 2000" who's goal was to get every kid in the US off drugs by year 2000….yeah right. 12 years later, every kid in that class, many of them my good friends are smoking weed and eating shrooms. Some were snorting things. I was basically surrounded by drugs from age 14 to age 23, but understood the implications and made my decisions accordingly.

    As far as the painkillers go, I do have sympathy there for people that were prescribed it. When I initially hurt my feet and had plantar fasciitis, I went for a high energy ultrasound procedure. In order to numb the pain over the next two days, the friggin doctor prescribed me a months supply of Vicodin. I took one, hated it, and never touched the rest. I can only imagine what they were giving people with actual real pain.

  100. crushednjmillenial says:

    Wow, Chris Cuomo FREDO’d Zucker. Living up to the nickname that gets him so angry.

  101. chicagofinance says:

    leftwing: they fcuking lost to Brown? WTF?

  102. BRT says:

    OOOOOOOOOF Facebook….time to re-establish negative positions. Apple, Microsoft, and Google are still cleaning up, but the rest of the market is trash.

  103. Libturd says:

    Phoenix,

    I just shared your two posts with my older son. I had already warned him about doing any powders or pills. Weed and booze are fine in moderation, if you must. And he knows that he is never to drive or get behind the wheel if someone is under the influence more than the one drink an hour rule. I follow that rule to the T. He also has guaranteed immunity from his mother and me if he calls us for a ride when there are no other safe options.

    Everyone should share this story (or similar) with their children once they turn about twelve or so.

    Appreciate the share.

  104. Phoenix says:

    Lib,
    You are welcome. Just see too much on a daily basis.

    Now here is something I find educational, just forced my 12 y/o to watch this, some will sink in, but I feel that anything you spend all day on you should have some responsibility of knowing how it functions.

    For the nerds:

    https://youtu.be/0faCad2kKeg

  105. Libturd says:

    Meta-static maybe.

    I have a small bet on Amazon. In at 2800. Already moving down in sympathy with FB.

  106. Phoenix says:

    Chi,

    Bet if they check her cell phone she has a few student phone numbers on speed dial.

    Of course, if caught, no problem, unless it was a male teacher.

    Then it would be burn him at the stake.

  107. Libturd says:

    Phoenix,

    You didn’t have a poster like this on the wall of a science class some time in middle or junior high school?

    https://cdn.images.fecom-media.com/FE00011238/images/HE1588526_167995-PHE-LEQ-P01.jpg

  108. Libturd says:

    Phoenix,

    You didn’t have a poster like this on the wall of a sc1ience class some time in middle or junior high school?

    https://tinyurl.com/5y3bb8py

  109. BRT says:

    lol, what a newb. Where’s the web filter?

  110. Phoenix says:

    I did.
    I know this stuff. But this was such a slick production, plenty of info jammed into 18 minutes.

    Just the 12 years my daughter has been alive has been such a massive change in cell phones. I showed her what they looked like when she was born. Haha.

  111. The Great Pumpkin says:

    I’m an optimist when it comes to the economy. I have never been more scared than now. You guys know this. Past 10 years I never showed fear and always said to buy the dip. For me to pull the 401k 100% into safety has to say something. Not saying I am correct, could be totally wrong, but I am scared.

    Biggest wildcard…war. That happens forget about it, market going to get destroyed.

  112. The Great Pumpkin says:

    It’s wild. It’s overwhelming at times.

    My job is completely different from when I started 17 years ago.

    “Just the 12 years my daughter has been alive has been such a massive change in cell phones. I showed her what they looked like when she was born. Haha.”

  113. Bystander says:

    Smallbrain,

    It always amazes me that it took 10 years, billions of dollars, years of Intel/collection, and multiple special ops to get Osama yet a d&pshit like you knows what Al Queda is up to and risks forthcoming then assigns it to Biden now. Do you have any logic at all?

  114. leftwing says:

    BRT, yeah, FB is like groundhog day…oh wait…

    So, exited that PYPL trade at 1x loss (2.6x was maxloss) which tagged that portfolio for 1% overall. Loss of 2.80 per share on it. Reset it in the same trade at 105. Somewhere between here and 105 I’ll look to go proper long, market dependent.

    Same deal with FB…trade I have on is long at 260…this might be a little trickier, it’s easier to manage if the share price is at or above that level….we’ll see.

    It is very unusual for stocks of major companies to move 25% on earnings, nearly never happens. Twice in two days on companies of this size…buckle up buttercups.

    Glad as hell I got long through these writes.

  115. Phoenix says:

    So, now we know which scum President ordered this constitution breaking software and how he expected full control over it.

    This is dictator level Defcon 1.

    The FBI’s procurement of Pegasus, which occurred in 2019 under the Trump administration, was first reported by the New York Times.

    It was a stunning revelation in part because the Biden administration has recently placed NSO on a commerce department blacklist, saying it had evidence that the company’s hacking tools had enabled governments around the world to conduct “transnational repression”, targeting dissidents and journalists.

    It is claimed one disagreement centred on how much control NSO would retain over its software. The source claimed that NSO usually kept sensors on its technology so that the company could be alerted in Israel if the technology was moved by a government client.

    But the source claimed the FBI did not want the technology to be fitted with sensors that would have allowed NSO to track its physical location.

    The source also claimed that the FBI did not want NSO’s own engineers to install the technology and did not want to integrate the spyware into its own systems. Ultimately, it is understood that NSO and the FBI agreed to keep the technology in a large container. NSO did not respond to a request for comment on these claims.

    The FBI was also concerned about possible “leakage” of any data to another foreign intelligence service, the source said.

    The source claimed the Pegasus license was acquired by the FBI using a financial “vehicle” that was not easily identified as being linked to the bureau.

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