6%

From Reuters:

U.S. mortgage interest rates top 6% for first time since 2008

The average interest rate on the most popular U.S. home loan rose above 6% for the first time since 2008 and is now more than double the level it was one year ago, Mortgage Bankers Association (MBA) data showed on Wednesday.

Rising mortgage rates are increasingly weighing on the interest-rate sensitive housing sector as the Federal Reserve pushes on with aggressively lifting borrowing costs in order to tame high inflation. The central bank has raised its benchmark overnight lending rate by 225 basis points since March.

Expectations for Fed tightening have led to a surge in Treasury yields since the start of this year. The yield on the 10-year note acts as a benchmark for mortgage rates.

The average contract rate on a 30-year fixed-rate mortgage rose by 7 basis points to 6.01% for the week ended Sept. 9, a level not seen since towards the end of the financial crisis and Great Recession.

The MBA also said its Market Composite Index, a measure of mortgage loan application volume, declined 1.2% from a week earlier and is now down 64.0% from one year ago. Its Refinance Index fell 4.2% from the prior week and was down 83.3% compared to one year ago.

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128 Responses to 6%

  1. Hold my beer says:

    First

  2. dentss dumnigan says:

    first ….vacation time

  3. Fast Eddie says:

    So, let me ask the experts here; what happens to the 30 yr. fixed rate mortgage as the FED continues to tighten as expected? Does it correlate directly or is it more in line with the 10 yr.? And what relation does the 10 yr. have with the FED rate?

  4. Hold my beer says:

    This made me laugh.

    https://nypost.com/2022/09/15/ron-desantis-ships-2-planes-of-migrants-to-marthas-vineyard/

    Where next? Redondo Beach? Nancy’s front lawn?

  5. Chicago says:

    2Y 386
    10Y 346

  6. Hold my beer says:

    Abbot dropped some off in front of the Vps house. After she declared the border is secure.

    https://www.dailymail.co.uk/news/article-11215335/Texas-sends-two-buses-containing-100-illegal-migrants-Vice-Presidents-DC-HOME.html

  7. BidenIsTheGOAT says:

    Makes perfect sense. Instead of sending them to our areas send them to the rich areas that support open borders. I’m sure Phil’s neighbors would appreciate a bus load or two. They seem to be reaping the benefits of his responsible governing lately.

  8. Fast Eddie says:

    Thanks, Lib. It’s pretty much what I already knew on rates, I guess I was looking to see if there was any other factors.

  9. Libturd says:

    Supply and demand and MBS market for mortgages as well as macro events.

  10. Fast Eddie says:

    Yes, Carmella says the border is secure. Those 6,000 people crossing the border per day are asylum seekers. That’s totally different. And those residents whose properties and farms are being trashed on a regular basis are just cruel and inhumane for complaining! Thank God Martha’s Vineyard and Carmella’s neighborhood are compassionate enough to accept them!

  11. Fast Eddie says:

    “Rep. Dylan Fernandes, a local lawmaker who represents Martha’s Vineyard as well as Falmouth, Nantucket and Gosnold, said on social media that he was part of the logistical effort to welcome the migrants, which he claimed DeSantis sent “to gain cheap political points.”

    “Our island jumped into action putting together 50 beds, giving everyone a good meal, providing a play area for the children, making sure people have the healthcare and support they need,” Fernandes tweeted. “We are a community that comes together to support immigrants.”

    Fantastic! 50,000 more coming your way.

  12. Libturd says:

    Well the Trumpies are showing their true colors aren’t they?

    The rudeness and lack of compassion for immigrants combined with the stripping of rights for women, hatred of gays and everyone who does not fit the Adam & Eve mold is glaring. Don’t make me mention the love of guns. And then there is the supposed support of the thin blue line while simultaneously killing cops at the capital as well as showing complete disrespect of the FBI or really any authority that does not kiss the ring of Der Fuhrer.

    It’s just a party of scapegoaters, wishing for a return to the days of male and white privilege. We get it. No need to joke about it.

    Did I share this creation already?

    https://photos.app.goo.gl/WjCehzNXUkn6eTkL8

  13. Phoenix says:

    America reaches another new low.

    It’s politicians dropping off migrants to attack or control each other.

    That’s F up. For either side.

  14. Libturd says:

    https://www.bloomberg.com/news/articles/2022-09-14/cathie-wood-goes-on-biggest-dip-buying-binge-since-february

    “Her buys have gone down quite a bit after January but are starting moving up last few days. It just seems like her conviction is higher now,” said Athanasios Psarofagis. Paired with Wood’s tweets Tuesday, “It seems like she is just walking the walk.”

    More like walking the plank.

  15. Ex says:

    9:22 nailed it per the usual.

  16. No One says:

    Obama’s gardeners have arrived. Have the rest arrived just in time to harvest the grapes in the vineyard?
    This sounds like an expensive flight.

    Next time immigration gives you a hard time at Newark Airport, or the lines for same are ridiculously long, can you just say “I’m seeking asylum!” and walk on through?
    That’s what really bothers me – they have this big show at airports for people who following the rules, but all the rulebreakers can just cross the land borders, and the politicians who make political gains from that, really don’t care.
    I personally favor minimal border and immigration restrictions coupled with a dramatic reduction of the welfare state for immigrants (and natural born citizens as well). In the glory days of American immigration through Ellis Island, people came through and had to work to support themselves, possibly with the help of family and charitable organizations. Win win.

  17. Libturd says:

    Phoenix, that is completely screwed up, but with all of the help wanted signs that I see everywhere, it’s a win-win for the immigrants and the town receiving them.

    Thank god people were this generous to my great grandmother when she came over. Her parents died on the trip, but a nice Christian family volunteered to take her in until relatives made it over a number of years later. Now these same Christians want to lock them out. Not surprised though. They got theres, so F everyone after them. Yeah, they were dirt poor and came with nothing more than the clothes on their backs and a few pots and pans.

  18. Phoenix says:

    Although the Martha’s Vineyard thing is interesting: the liberal snobs there should enjoy this. My guess is that they will be put to work as cheap labor that is needed there.

    Send a few busses to the Hamptons. Won’t be long before the wages of the housekeepers there drop to more comfortable levels for those homeowners.

    Bet some get put to work in the nursing homes in the Hamptons where there is a shortage as well.

  19. Libturd says:

    No One. Wish it was that way still too. But neither party wants to invest in the infrastructure that used to exist to process immigrants. The shortage of judges alone to process illegal immigrants and how few continue to be added speaks loudly to the problem. Then the lack of free job and English language training just adds to the issue. The immigrants of the past had such resources. They do not today.

    But trust me. Even if they did, the Trumpster’s would be against it. Just one group of government dependents fighting over the crumbs with another group of future dependents. Plus, they need someone to blame their shitty situation on. There’s no easier to make a friend (or persuade a voter) than to commiserate over a common scapegoat.

  20. Phoenix says:

    Cheap labor.

    That’s what they are.

    These immigrants are going to be brought in by the busload” against Republicans wishes” (the bad cops) and the Democrats pretending they love them( the hypocrite Good cops) in order to lower wages for the plebs of America who they believe are asking too much money for their labor.

  21. BidenIsTheGOAT says:

    Can you cram another straw man into your screed next time. It’s hard to reply to something so void of reality.

    Why the acrimony over the immigrant busing issue at all unless the left is full of hypocrites. If they support open borders then support it the whole way and not just the lip service.

  22. Phoenix says:

    The wealthy want them running across the border full speed ahead, Dem, Repub.

    Anything to keep American labor costs in check.

    The weathy in America have always had a taste for owning slaves and would go back to it in a half second if it could.

    They hate those that “labor.” It’s why they are putting self checkouts every place they can along with kiosks. It increases there profit.

  23. Phoenix says:

    Why do you think the “masters” want to end WFH?

    Cause their inability to not see someone work bothers them too much.

    And those that WFH are getting a taste at what it’s like having a bit of freedom instead of traveling to work in a factory.

  24. 1987 Condo says:

    Some good news:

    https://www.nytimes.com/2022/09/11/us/politics/child-poverty-analysis-safety-net.html?searchResultPosition=1

    A comprehensive new analysis shows that child poverty has fallen 59 percent since 1993, with need receding on nearly every front. Child poverty has fallen in every state, and it has fallen by about the same degree among children who are white, Black, Hispanic and Asian, living with one parent or two, and in native or immigrant households. Deep poverty, a form of especially severe deprivation, has fallen nearly as much.

  25. Phoenix says:

    But only paid 100 million. One fifth of the financial crime they committed.

    Anyone who says crime doesn’t pay isn’t doing it right.

    In the audit of Uber and Rasier, NJDOL examined the companies’ books from 2014 to 2018. They were originally assessed a combined $523 million in past-due contributions plus penalties and interest of up to $119 million

  26. No One says:

    Phoenix,
    That’s why the left wants to have immigration that serves their purposes. Easy immigration for those who come here to get into the massive welfare state. Drives up demand for government jobs (govt workers are one constituency), they don’t compete with unionized jobs (another constituency), and in time they will come to vote for the most generous benefactors of the welfare state, the left/Dems, once generations become trapped in it.

    As for Trump’s take, he’s just xenophobic generally. He cannot even get along with US allies for a day. Well, he cannot get along with anyone who isn’t brown-nosing him. But Trump’s anti-immigration attitude wouldn’t be that popular if it hadn’t been a mess in border states/immigration destinations for years. So I can imagine that it’s quite satisfying for people in those communities who have been getting immigrants dumped on them for years to see the elitist politicians promoting it have some of the unwashed shipped into their picnic parties, to remove some of their disconnect from the reality they’ve been facing for a long time.

  27. Juice Box says:

    Problem with immigration? It’s bigger than that. If Covid taught us anything people don’t even want to take in of Grandma and Grandpa, it’s the governments job to do it and pay for it. You can bet there will be nobody taking in these two million new immigrants coming in now across the southern border annually now and the other 700,000 or so overstaying their visa every year.

    Just an FYI…Latest data pre-covid 55,928,990 in-scope nonimmigrant visa admissions to use the USA in 2019. Approx 676,422 overstayed their visas.

    I do like the fact they are busing the immigrants to rich towns and rich sanctuary cities. They would make their way there anyway even without the free bus ride. Who do you think works in the restaurant kitchens in all of those places or cuts the grass? We do need the help. Last time I saw American high school and college kids working landscaping was 30 years ago when I was doing it. Today’s young adults do little hard manual labor…they are coddled like no generation previously.

  28. RentL0rd says:

    So how did DeSantis board people without papers on a plane? Governors don’t follow TSA rules? Chartered plane?

    Also, the “godless, sinful, non-christian” democrats are being more Christ iike than the f’king border repubs.

  29. Fast Eddie says:

    So, what you liberals are saying is to let the border states handle it? The sanctuary states and cities said they welcome them so why is that inhumane? I don’t understand your logic. The O’Biden administration was flying these people into Florida in the dead of night. Was that inhumane? And how many of you are putting up resources to accommodate these people? How come you guys never put your money where your mouth is? God, it must be nauseating being a so-called democrat and having to redefine your every day existence.

  30. Phoenix says:

    “people don’t even want to take in of Grandma and Grandpa, it’s the governments job to do it and pay for it.”

    Transfer her house and money into your bank account soon enough before she dies and that’s exactly what happens.

    Then dump her in Newton with a bunch of minimum wage overworked patient care technicians. Then sue if she falls or gets a bedsore.

  31. 3b says:

    Juice: There are more than a few liberal elites who are just as racist as the most ignorant on the right, they are just quiet about it. They don’t want these people in their neighborhoods or schools, and are terrified that their children might date and even marry minorities. I have seen it time and time again. The Democrats strategy is the assumption Hispanic and other immigrants will automatically vote Democratic, but many of these immigrants are just as socially conservative as any hard core right wing/ evangelical. My nephews fiancé is Colombian , born there, and she told me she is absolutely shocked over the way Americans treat their old people and the lack of respect for parents. This woman is educated, two masters degrees , but she is socially conservative.

  32. Juice Box says:

    Speaking of manual labor. My Samsung dryer is broken again. I replaced the wheels, belt and pulley two years ago with upgraded bearing versions that is supposed to last longer. It’s making all kind of weird noises now the dryer drum which is stamped aluminum looks to be out of round and probably cracked on the edges now. It’s a known issue Samsung won’t address, metal fatigue happens always with this kind of stuff, especially if you overload the dryer like I tell my wife not to do. I was able to get the parts delivered express today for about $200, new drum, new pulley, new wheels and a new belt. With about two hours of work and I should have it taken apart and back together. It should last maybe anther few years if I am lucky. The unit is almost five years old now and still made.

    Interesting enough there are huge discounts….. similar model was $1,449.00 NOW $999.00. That is less than I paid five years ago..If you take out the features we never use like Steam etc they are even cheaper.

  33. 3b says:

    Average 30 year mortgage rate 6.02 today.

  34. Phoenix says:

    If I were the governor of a border state and wanted to profit, I would put every last one of them to work as cheap labor. You know, American capitalism.

    I’d round ’em up and give them jobs that they have to work outside the state.

    Lease them to Minnesota to work in hospitals cleaning. Lease them to NJ to pick vegetables in the summer and build block walls, roofing, etc.

    You get the idea.

    For an economist, labor is just a commodity-they aren’t really people-just a number.

  35. BidenIsTheGOAT says:

    What’s un Christ like about providing someone transportation. You lost me.

    Take a few buses and drop them in Rehoboth. Joe is a big shot down there.

  36. Phoenix says:

    Juice,
    It’s a dryer. Buy an old one off Craigslist for 100 bucks.

    Type that the only part you will replace is a belt and the support rollers about every 10 years.

    Of course, it won’t play that nifty tune you like to hear when it’s done. Just a loud buzzer.

  37. Phoenix says:

    What’s un Christ like about providing someone transportation. You lost me.

    On Sunday, offer all of the poor and needy in your church a bus ticket out of town.

    You will see the light. And the direction.

  38. BidenIsTheGOAT says:

    They want the ride. Again I miss the point.

  39. SmallGovConservative says:

    Libturd says:
    September 15, 2022 at 9:22 am
    “The rudeness and lack of compassion for immigrants combined with the stripping of rights for women, hatred of gays…”

    Gaslighting and deflection at it’s best. You know it’s a dumb post when you get an ‘atta boy’ from a dud like Ex. A lot of gibberish for what is essentially an attempt to rationalize support for the disastrous Dems.

  40. Juice Box says:

    Phoenix- Not just a dryer, it’s an important fixture in the laundry room designed by my wife. It’s a stacked shiny silver version and matches the washer, and fits in a custom alcove next to a custom granite folding bench we had installed along with a new tile floor and a custom sink etc. Imagine the hell I would raise if I broke up feng shuei of the room? That would be a disturbance in the force itself.

  41. BRT says:

    The immigrant dispersion has been going on for 2 years now. They only choose to report on it when they ship them to DC, Chicago etc…

    I told you guys last year, before this was even a thing in the news. I know someone, legal immigrant from Mexico, she was visiting family in Baja. She came back on foot with plans to fly home. But because she was in a sea of immigrants, they insisted on shipping her back to NJ via JFK free of charge. She couldn’t believe it.

  42. Fast Eddie says:

    6,000 per day are crossing the border. As long as it’s “down there” and out of sight, it’s not an issue. States and cities declare themselves sanctuary havens and when the offer is accepted, they cry foul. See how democrats operate? They’re bleeding heart martyrs until “it” shows up on their doorstep.

  43. leftwing says:

    Wow, opted for the blue pill this morning Lib, huh?

    “The rudeness and lack of compassion for immigrants combined with the stripping of rights for women, hatred of gays and everyone who does not fit the Adam & Eve mold is glaring. Don’t make me mention the love of guns. And then there is the supposed support of the thin blue line while simultaneously killing cops at the capital as well as showing complete disrespect of the FBI or really any authority that does not kiss the ring of Der Fuhrer.”

  44. Phoenix says:

    Juice,

    Been there.
    Haha.
    Fix that dryer, no matter how irrational, not matter the cost.
    It’s cheaper than a divorce.

  45. Phoenix says:

    Juice.

    In my first house, had a bulletproof washer, or so I thought. Old school Whirlpool. Like laundromat quality. One day it stopped spinning, the lid switch was toast. Bypassed it temporarily, was going to get the part, didn’t rush. Told (then wife) make sure you close the lid.

    Nope.

    Full bottle of laundry detergent sitting on nearby dryer migrated its way into the drum of the washer when it was at high speed spin. Sounded like a bomb went off. Buckled the whole side of the cabinet.

    She totaled it. Just like 3 of our cars.

  46. leftwing says:

    “That’s what really bothers me – they have this big show at airports for people who following the rules, but all the rulebreakers can just cross the land borders…”

    “Thank god people were this generous to my great grandmother when she came over. Her parents died on the trip, but a nice Christian family volunteered to take her in until relatives made it over a number of years later. Now these same Christians want to lock them out.”

    Uhmm, legal, controlled immigration with limits vs. an open border free for all with zero controls.

    Big difference.

    Existing legal immigrants here are leaning R…these scenes of unfettered, fence jumping former countrymen are really offensive to those who did all the applications, waited in line, and followed the rules…

    We have never had wide open borders in unlimited numbers for any immigrant class, even for your despised white Euro males a century and a half ago Lib.

  47. Phoenix says:

    So how much of a tax break did the rail corporations get from Biden?

    White House announces ‘tentative’ deal to avert rail strike
    In a statement, the president said the agreement will guarantee “better pay, improved working conditions, and peace of mind around their health care costs” for the workers

  48. Phoenix says:

    That’s a good union. One where the sitting President of the United States goes to the negotiating table with you. Doesn’t get better than that.

    If the contract is ratified, the agreement by the two largest railroad unions and railway carriers guarantees voluntary assigned days off and a single additional paid day off. Workers also can take time off for routine doctor’s appointments without being penalized, and would not lose attendance points for hospitalizations and surgical procedures, according to the Brotherhood of Locomotive Engineers and Trainmen.

    The deal also includes the biggest wage increases for railroad workers in more than four decades. They will receive a 24 percent pay increase by 2024, including an immediate 14 percent raise; $1,000 annual bonuses over five years; and no increases to healthcare copays and deductibles.

  49. Phoenix says:

    Looks like the Brotherhood of Locomotives are better organized than the Sisterhood of nurses.

  50. chicagofinance says:

    left: thought for fall 2022….
    https://youtu.be/19RTuTxvzG8?t=15

  51. chicagofinance says:

    Ex: here is where I’m at….. are you feeling me?
    https://youtu.be/yLrQuPqfxaI?t=417

  52. Phoenix says:

    Create, instead of living off the buying and selling of others

    https://youtu.be/19RTuTxvzG8?t=351

  53. Bystander says:

    ‘They’re bleeding heart martyrs until “it” shows up on their doorstep.”

    ..and now you get abortion argument Ed

  54. Ex says:

    11:51 I am. BMS just put a stake through Amgen’s heart.

  55. OC1 says:

    “So, what you liberals are saying is to let the border states handle it?”

    Florida is a border state????

  56. Fast Eddie says:

    OC1:

    Duh. Okay, the southern portion of the U.S. (eyes rolling).

  57. Fast Eddie says:

    Bystander:

    When I used the word “it”, I meant anything that needs to be addressed with more than just words. Real shit. Real stuff. As for your thoughts, I believe you’re saying it’s better to have an abortion than deal with more people to care for?

  58. Bystander says:

    OC1,

    Yes, it is. The Cubans come on driftwood and rafts but they are the good Hispanics who vote R.

  59. OC1 says:

    “We have never had wide open borders in unlimited numbers for any immigrant class, even for your despised white Euro males a century and a half ago Lib.”

    Not true. The first law that restricted immigration from Europe was passed in 1921.

    Prior to that, there no restrictions (on Europeans).

  60. 3BWillEnjoySpicyColombianMeals says:

    3b – 10:05

    Regarding your nephew’s fiance Colombian’s heritage.

    Realize that Colombian social more place it way across the spectrum of US’s individualistic social mores. Colombians along with many of its neighbors place a premium on family, a prize on whoever takes on the leadership of the family and runs its benevolently and a penalty on individualism.

    Is not unusual for indigineous immigrant of that area to send money to support their direct and extended family and provide for the village. Once they return they are given a social position of respect in the village because of their social benevolence.

    The side effect of this sublimation of individualism to social contract more is that you get conservative, dogmatic, rigidity bound society where nothing changes. Which explains their ongoing since the late 1940’s civil war along with continual exodus of their population.

    Nothing ever changes and you suffocate if you are individualistic, but if your tendency is family dependent/cohisiveness is a heavenly place.

  61. chicagofinancec says:

    Does someone with access to a financial database have the ability to look up the index and spread of the Credit Suisse floater 22548Q3E3? I can’t put my finger on the SEC filing….. they are Aprils of 26.

    All this obscure shit I did about 3 years ago is paying off……. impossible to source today…..

  62. OC1 says:

    Anyone else here descended from an illegal immigrant? My grandfather came here from Italy in the mid 1920’s. At the time, there were strict quota’s on immigration from southern Europe (Italians, Greeks, Slavs, and other undesirable types).

    The woman who would become my grandmother came here a little earlier, legally.

    But Caesere wanted to marry Emma, so he got a job as a cook on a steamer, then jumped ship when it got to NYC. My grandfather didn’t straighten out his immigration staus until the 1940’s.

  63. Very Stable Genius says:

    now a Colombian who read Ann Ryan”dianetics”

  64. Fast Eddie says:

    The Cubans had the most beautiful shops on Bergenline Avenue in West NY/Union City. They came over when Castro moved in. We’d shop there often, though. Florists, groceries, eateries, bakeries, all wonderful stuff. Such nice people and such hard workers. Later, in my late teens/early twenties, I worked part time delivering florist supplies wholesale to florists in WNY and UC. They were always giving me coffee and pastries and gifts during the Christmas holiday. One of the florist owners was gay, an older guy, balding with white hair and pencil thin mustache to match. He had a younger “assistant” (lol) who reminded me of Agadore Spartacus from the movie, “The Birdcage.” The mannerisms, the personality, all Agadore! He was hilarious. Lol. I enjoyed that time so much.

  65. Fast Eddie says:

    Anyone else here descended from an illegal immigrant?

    Italian ancestors… or 3 out 4 were from Italy. They came through Ellis Island and built this country along with mostly other Europeans. The ones crossing the border now have the same dream. I get it. And they do work their asses off unlike the entitled younger fucks born and raised here. The issue is that they need to come here through a process and right now, there is none. And since there is none, the burden shouldn’t fall on five or six states to handle it.

  66. Bystander says:

    OC1,

    Just remember also no labor laws, no OSHA, no modern health, no worker rights, no strict child labor laws, no systemic immigration tracking service..we needed alot of poor European immigrants to die in tunnels and fall off buildings to build this great NYC. We also needed alot of European women working in brutal sweatshops to support clothing industry in late 1800s. American businesses loved exploiting the worker when no laws or rights. Today, we all realize that capitalists should not stomp out the worker. Workers have rights and benefits and that is what Rs hate bc we won’t treat people like that. They think these immigrants should die on street with nothing ala 1900s. They love turning clock back on everything in America…with no plan after they do it.

  67. Libturd says:

    Juice,

    You might want to consider a replacement partner before your replacement dryer. :P

    BTW, you all want to know how desperate buyers are getting with these interest rates? The buyer of my multi will not wait any longer for the NJDEP to send my NFA. It’s only been 33 days. When my environmental company called to ask what the hold up was (usually takes one to two weeks) they were told too many at the government agency were on vacation. We close tomorrow at 11am ChiFi. Don’t fuck this up for me.

  68. Libturd says:

    “opted for the blue pill this morning Lib”

    Yeah. Sounds as stupid as pretending that immigration is a major issue and that all of a sudden, they are being bussed far from the border towns. They’ve always been dispersed for those who choose to pay attention to more than the raping and the murdering.

  69. Libturd says:

    And wait till you hear what my buyer put down.

  70. The Great Pumpkin says:

    Wow. Good luck getting teachers with this inflation and 1% raises, that’s all I can say.

    “deal also includes the biggest wage increases for railroad workers in more than four decades. They will receive a 24 percent pay increase by 2024, including an immediate 14 percent raise; $1,000 annual bonuses over five years; and no increases to healthcare copays and deductibles.”

  71. RentL0rd says:

    haha.. poor FL folks paid $12million to transport undocumented folks out of the state.

    Martha’s Vineyard is and will make the most of the extra hands.

    There’s a reason my the GDP of blue states is so much higher than red states. People in red states ( the majority) elect dumb ppl.

  72. SmallGovConservative says:

    RentL0rd says:
    September 15, 2022 at 1:51 pm
    “People in red states ( the majority) elect dumb ppl.”

    Says the guy that voted for SlowJoe Biden and Carmella Harris.

  73. Hold my beer says:

    Will the wealthy libs actually help the immigrants who went to Martha’s Vineyard, or were the signs on their lawns more virtue signaling? I’m going with virtue signaling since these were the same people that talk about rights and being green while flying in private planes, and ignoring the casting couch horrors of Hollywood, and sucking up to China.

    https://www.dailymail.co.uk/news/article-11216207/Conservatives-joke-Marthas-Vineyard-residents-ripping-pro-immigrant-yard-signs.html

  74. Hold my beer says:

    RC NJ

    No problem. Charter a few ships or planes.

    The Texas border towns are a mess. Only fair the border states send immigrants to sanctuary cities and states who want to stand with immigrants.

  75. Hold my beer says:

    Rentlord

    Spending 12 million to move immigrants out of state is probably a lot cheaper than providing housing, food, medical care, and education. For them.

    My lawn guy disappeared. Wonder if he’s dead, in jail, or deported. Back to mowing it myself for the last few months. Spending the savings on concert tickets.

  76. Libturd says:

    HMB,

    You would be surprised. A day does not go by that people in these parts (Glen Ridge/Montclair) are not asked to help immigrants, be it South American or Ukranian. We draw the line with those pesky Albanians.

  77. No One says:

    I have 100x more sympathy for people trying to leave Venezuela than I have for people with their “Love is Love” “All are Welcomed Here” signs that become outraged when those people actually get across the water to their luxury island.
    Good for that Church and those community groups housing and feeding them, allowing them the opportunity to put into practice what they’ve been preaching. It’s about time they helped some people in actual need rather than just hobnobbing with and making speeches once a week to the rich and famous.

  78. Libturd says:

    Quite honestly, I don’t think personally helping immigrants is partisan. Though, one party is certainly cool with not letting them in. The other party welcomes their future voters. And if Texas doesn’t bus them out, the state will end up blue.

  79. Libturd says:

    I think I was just robbed by our local UPS Store.

    https://www.nationalnotary.org/knowledge-center/about-notaries/notary-fees-by-state

    They charged me $25 for 5 notary stamps on a real estate transaction. It took all of 5 minutes.

    Not too worried about the $10 extra I paid, but more the class action principle.

  80. Fast Eddie says:

    I have 100x more sympathy for people trying to leave Venezuela than I have for people with their “Love is Love” “All are Welcomed Here” signs…

    + 1

  81. RentLord says:

    SmallGuy, so says the guy who voted for a snake oil conman.

  82. Phoenix says:

    Juice,

    “You might want to consider a replacement partner before your replacement dryer. :P”

    Juice, don’t listen to him. 10 dryers will cost you less than a replacement partner after paying for your original partner and her lawyer’s fees.

    “Martha’s Vineyard is and will make the most of the extra hands.” Yup, said that earlier. They will be the housekeepers and other cheap labor for the wealthy liberal hypocrites. No real difference from Repubs except Repubs want to ship them back home after they are done with whatever they needed.

    These people climb walls and dodge Border guards. You think a couple of low bridges are going to stop them? They will walk to the Hamptons.

    “Buses can’t go out to the Hamptons per Mayor Peter as the arches on the bridges were built too low to allow buses to travel under them.”

  83. Phoenix says:

    If these immigrants want to come here so bad maybe I could find me a cute one that could tolerate me long enough to get her green card.

    My guess is she would beg to return home.

  84. Libturd says:

    But think of the chimichangas.

  85. Libturd says:

    Market getting ugly yet again.

    Maybe people are finally realizing that meeting Wall Street estimates, that the same analyst has lowered by 50% from their original estimates, is really not meeting Wall Street estimates.

  86. RentL0rd says:

    Beer, According to your logic, it’s also cheaper not to provide good services like quality education, medical care for pregnant women, etc. So they should just ship it all to more capable states?

  87. Libturd says:

    I wonder how many unwanted, drug-addicted, non-cognitive, severely disabled, rape babies, born with full citizenship, Texas will cram into the cargo hold of those buses?

  88. leftwing says:

    “Workers have rights and benefits and that is what Rs hate bc we won’t treat people like that. They think these immigrants should die on street with nothing ala 1900s.”

    You’re a fool. Or a charlatan. Or both.

    “Yeah. Sounds as stupid as pretending that immigration is a major issue and that all of a sudden, they are being bussed far from the border towns.”

    Love you man but can’t tell if you’re deflecting or really just missing the point painted on the side of the barn.

    The issue is not legal immigration…the issue is unfettered, undocumented, unknown, unlimited people freely pouring over our border.

    On the question of legal status of our ancestors, yeah, mine waited in line. My father is into history, we have copies of their documentation. Both sides of the family. They came over split – some sisters followed my great grandmother – as not everyone was allowed at once. No wall jumping and fleeing like a common criminal to get in, or to get everyone in at once. One male relative was shipped back, refused to take citizenship oath as he was part of the palace guard in the old country and had “sworn fealty to the Kaiser”. LOL. Stubborn (principled) old fuck. But yeah, let today’s ‘immigrants’ start their lives in their new country with their first action on their new country’s soil being illegal. Makes sense. That’s the type of person we want….

  89. leftwing says:

    And good luck on your closing…fingers crossed for you.

  90. The Great Pumpkin says:

    We’re in an interesting spot where lots of early 40-somethings locked in mortgage rates and can focus on financial asset accumulation at increasingly attractive valuations while early 30-somethings are stuck watching mortgage rates climb. Future wealth gap.

  91. Libturd says:

    Not missing the side of the barn. The problem is that the barn isn’t there and neither side is doing anything about it. Building a wall does not solve the problem. Neither does not processing them.

  92. Libturd says:

    And thanks Leftwing. Glad we usually can keep things from getting personal. I like when people have thick skins and who can tell the difference between satire and just being rude.

    Tomorrow at 11am, the first of two pianos is being lifted off of my back.

  93. OC1 says:

    “They will be the housekeepers and other cheap labor for the wealthy liberal hypocrites.”

    You see them as cheap labor; the immigrants themselves see those low-skill jobs as the golden ticket, a chance to earn more, and have a much better life for themselves and their families than they ever could in their home countries.

    They value those “cheap labor” jobs so much that they are willing to risk dying of thirst or heat stroke in the desert in order to get here.

  94. leftwing says:

    “They value those “cheap labor” jobs so much that they are willing to risk dying of thirst or heat stroke in the desert in order to get here.”

    Their need is not my obligation.

    If economic condition is an asylum criterion, let’s all stop being racists and just airlift the entire fucking population of Ethiopia over here, you….Americas-centrists!

  95. Libturd says:

    It’s obvious none could be seeking political asylum. I mean, our country IS a political asylum write now.

  96. Bystander says:

    left,

    A fool believes Jan 6th that was patriotic event. A charlatan says they are a libertarian yet runs to runs to defends Rs fervently at every turn.

    Republicans look at immigrants as enemies. They cut the line, they don’t get citizenship and they don’t get services. It costs me money but I like the gardeners, lawnmower man, nannies who take $10/hr. The Dreamer legislation shows you all need to know. Innocents got brought here yet should have no path for citizenship bc my family got mine years ago before concept of illegal even existed. Concept of a paper visa did even start until 1924. Now, using them as pawn is politics of division. The Rs will never come to sensible solution bc you’ve made illegal immigrants enemy now. Sick party.

    Is this your party anymore left?

    https://www.youtube.com/watch?v=YsmgPp_nlok

  97. Very Stable Genius says:

    Lol, lol…

    Trump on the possibility of being indicted:
    “I don’t think the people of the United States would stand for it….you’d have problems in this country the likes of which we’ve never seen before… I don’t think they’d stand for it…especially since they know I’m totally innocent.”

  98. OC1 says:

    leftwing-

    ICE deports illegal aliens when they catch them crossing the border.

    But most (all?) of those people being shipped out of Texas, etc. are seeking asylum.

    Under US and international law, we have to accept asylum seekers until their asylum claims can processed. The only way they can apply for asylum is to show up at the border. If they don’t meet the asylum criteria, then they can be deported.

    But as libturd mentioned earlier, there are just not enough immigration judges, etc. to process asylum claims. Until their claims get processed, they get to stay.

    But while they are awaiting that asylum decision, they are here legally.

  99. Hold my beer says:

    “RentL0rd says:
    September 15, 2022 at 3:30 pm
    Beer, According to your logic, it’s also cheaper not to provide good services like quality education, medical care for pregnant women, etc. So they should just ship it all to more capable states?”

    Have you seen any of the local Texas news coverage showing the border towns and cities being overwhelmed? DC wants to call up the national guard for a few thousand dropped off by Texas and Arizona. We get more than that amount everyday.

    Ship it all to more capable states? I said nothing of the kind. Are you that daft to think New York and New Jersey are more capable? If they are so capable why aren’t companies moving to those states instead of leaving them? Is that why I have had multiple liberal family members saying they are thankful to no longer live in California, New York, and New Jersey?

    Why should it be the border state’s responsibility to house, feed, and educate them.
    Chicago and DC are crying over getting a few busloads of migrants. 6,000 a day are crossing the border. Current fiscal year has already set a new record for crossings. If team blue wants them to cross and have sanctuary cities and states then they should be willing to house, feed and educate them too. Cheap labor isnt cheap. It may be cheap for companies and the upper class wanting nannies and housekeepers and day laborers, but someone has to pay for the resources they consume.

    https://www.politifact.com/factchecks/2022/aug/18/glenn-grothman/border-apprehensions-outpace-previous-years-analys/

  100. leftwing says:

    “A charlatan says they are a libertarian yet runs to runs to defends Rs fervently at every turn.”

    Not defending Rs, defending common sense and calling out your inanity. A country that cannot control its borders is at risk of not being a country. The definition of a country is literally who comprises, and who it allows to comprise, its citizenry.

    “Republicans look at illegal immigrants as enemies.”

    Fixed it with italics.

    “They [illegal immigrants] cut the line, they don’t get citizenship and they don’t get services.”

    Uhm…fuck yes?

    “Concept of a paper visa did even start until 1924.”

    So in other words the current format, which is being entirely ignored, has existed for a century?

    JFC…smh

  101. leftwing says:

    Oh my, FDX.

    And so it begins….

    June 23 they reaffirmed everything. Today, pulled guidance, down 15% after hours….

  102. leftwing says:

    “But most (all?) of those people being shipped out of Texas, etc. are seeking asylum…Until their claims get processed, they get to stay. But while they are awaiting that asylum decision, they are here legally.”

    There has to be some prima facie support to any claim…these people are on camera stating they want to come here to work. Their fingernails are not being pulled out by some third world dictator because of their political views.

    Moreover, the same treaties that govern your asylum view also provide that they should be seeking asylum in the first signatory state, ie. Mexico or such. They have no right to a superhighway of mass humanity through half a dozen Central American countries to choose asylum here. It’s not a fucking Chinese menu of asylum.

    I have no problem owning my view of shutting the border hard to immigrants seeking asylum who pass through signatory states and have no bona fide claim.

    Why can’t you just admit the current Administration are selectively ignoring parts of governing treaties to throw our borders open to anyone and everyone that can touch our land like some perverse game of hide and seek?

  103. Juice Box says:

    Dryer crisis is official over, got one scratch from a sharp metal edge so no biggie.. I ran the dryer and it put a glass of water on top to check for vibrations. It’s perfectly balanced, as all things should be.

  104. Bystander says:

    So change the definition of illegal then you would be ok. We banned only Asians from coming via the “law’. We banned only Europeans from coming via “the law”. For hundreds of years, you could walk over borders of this country without anyone asking for your ID or papers. You started working. There was no concept of illegal, not even Ellis island. Now, the paper documentation to work legally is enormous. Rs have to accept “illegal” will have to be redefined but you call them murders/rapists and paint them as enemy and it becomes politically impossible. We need lots of cheap labor..period. The Rs seem to want to ignore that now.

  105. joyce says:

    OC1,
    Admittedly, I’m combining asylum and illegal immigration a somewhat here…
    The employers and individuals who hire them see them as cheap labor. A lot (most?) of the low skill jobs they attain are paid wages that are illegal (below minimum wage). Said another way, if they were to be paid on the books with benefits in compliance with all labor laws, they wouldn’t be hired at all.

    Lastly, I do think there’s something to the idea that a lot of policies including this one (and H-1B abuse, etc.) are there to keep labor down… and those considerations shouldn’t be ignored completely.

    OC1 says:
    September 15, 2022 at 3:53 pm
    “They will be the housekeepers and other cheap labor for the wealthy liberal hypocrites.”

    You see them as cheap labor; the immigrants themselves see those low-skill jobs as the golden ticket, a chance to earn more, and have a much better life for themselves and their families than they ever could in their home countries.

    They value those “cheap labor” jobs so much that they are willing to risk dying of thirst or heat stroke in the desert in order to get here.

  106. OC1 says:

    “Moreover, the same treaties that govern your asylum view also provide that they should be seeking asylum in the first signatory state, ie. Mexico or such. ”

    Not true. The US would have to have a “first entry” asylum agreement with Mexico (like we have with Canada). So far, Mexico has not agreed to that.

  107. leftwing says:

    We have zero obligation to any ‘asylum seeker’ who passes through other signatory countries to get to our border…by the governing treaty.

    We have no obligation to process anyone, anywhere on their timeline. Arrange with Mexico to stop them before reaching our border and then queue them through as our judges are available. One judge, 100 judges, 100,000 judges available doesn’t matter. They work on our timeline, not vice versa.

    Oh, and btw, the second you make that arrangement with Mexico? They shut down the inflows to their southern border in a nanosecond.

    Problem solved.

    The issue is that the Left doesn’t see this unfettered, unlimited, and blatantly fraudulent ‘asylum seeking’ as a flaw, it is the feature.

    Oh, and a knock on effect…then lesser skilled labor here has prospects of actually getting a living wage…

  108. leftwing says:

    “Not true. The US would have to have a “first entry” asylum agreement with Mexico”

    link?

  109. leftwing says:

    Lib, chi…more fun with charts….

    https://imgur.com/a/rUOkQd9

  110. joyce says:

    Bystander,
    It does seem like selective support and enforcement of laws. A more libertarian-esque immigration policy and ability to work?… but not repealing minimum wage and child labor laws? I guess I’m just saying there’s a lot of laws that overlap and intertwine.

    Bystander says:
    September 15, 2022 at 5:43 pm
    For hundreds of years, you could walk over borders of this country without anyone asking for your ID or papers. You started working. There was no concept of illegal, not even Ellis island. Now, the paper documentation to work legally is enormous.

  111. crushednjmillenial says:

    I’m a loony lefty on immigration. If I was in charge of the US immigration policy, we’d have some huge number of arrivals each year – 3M+ or whatever. I feel this way because I actually believe in the neoliberal economics (free movement of labor), on the one hand, and feel a sense of compassion on the other – I recognize conditions are bad in central america, venezuela, haiti, and many other countries around the world. Finally, I believe the world as a whole is better off with a more loose US immigration policy, even while recognizing that the median American is probably worse off (the 20th percentile American is almost certainly worse off).

    Notwithstanding all of the above, the current situation at the Southern Border is a joke. Mexico should be a considered a safe third country. It is a silly idea that people can cross Mexico from Central America or Venezuela and still be considered “aslyum seekers”. They should be seeking asylum in Mexico. Now, if a potential aslyum seeker had a boat or a plane and landed first in the US, then that person is an aslyum seeker. Furthermore, these people are primarily economic migrants.

    So, for Venezuelans, Central Americans and Haitians, the Biden Admin should just designate them as refugees, process them while they are far abroad, and bring them directly in a straightforward manner. Instead, the message right now is get to the border (and, be subject to all the well-publisized privations along the way) and you’ll get access into the US. I’m frankly suprised we are only pacing to 2M asylum seekers per year right now – you’d think that there are literally billions of people who would come to the US. What are they waiting for? The red carpet is already rolled out?

    While basically permitting an open border, the biden admin is dragging its feet on normal refugee admissions – there have been approxaimtely 30k this fiscal year (which ends in a month or two). The Obama years saw sometghing like 75k-125k per year. The Vietnam era surge and fall of the Soviet Union era surge counts were like 200-400k per year.

    Finally, Martha’s Vineyard and the VP house today = hilarious. Next stops: White House, Rehoboth Beach, Phil Murphy’s house, etc. Timing is really good – 50 days or so to the midterm elections.

  112. Very Stable Genius says:

    Embedded in today’s discussion is the real fear of losing one’s privilege.

  113. Phoenix says:

    Dryer crisis is official over, got one scratch from a sharp metal edge so no biggie..

    Hope for your sake it was you and not the dryer that got a scratch:)

  114. Phoenix says:

    Cheap labor isn’t cheap. It may be cheap for companies and the upper class wanting nannies and housekeepers and day laborers, but someone has to pay for the resources they consume.

    Bingo.

  115. leftwing says:

    “Embedded in today’s discussion is the real fear of losing one’s privilege.”

    Maybe for you, not for me.

    My ‘privilege’ is secure through my lifetime of hard work and sacrifice.

    The rest of the 20th percentile Americans referenced by crushed above should have the same opportunities I had, and not have to compete with third world wages and standards on our home turf.

    Doesn’t hurt me…the black urban dishwasher or hillbilly burger flipper? Hmmm.

    But, gotcha, you liberals are the compassionate ones. LOL

  116. 3b says:

    Very Stable : Does that include the residents of Martha’s Vineyard who according to CNN are “ stressed” by the arrival of under 100 migrants. So the Fed government has decided right or wrong, to open the border to anyone, who wishes to come in, from a purely rational standpoint should not the entire country share the burden of thousands of migrants entering the country, or just the border states?

  117. OC1 says:

    Leftwing-

    https://bipartisanpolicy.org/blog/requiring-migrants-to-apply-for-asylum-in-the-first-country-they-enter-may-not-resolve-the-central-american-crisis-2/

    Note- I am not defending current immigration/asylum policies (though I would like to see the US take in more of both), just pointing out what the laws are.

    The president is pretty limited in what he can do re immigration and asylum. Congress has to act if you want to see real change.

  118. Juice Box says:

    Beer not sure who this woman is on Martha’s Vineyard but she says they have to leave.

    https://twitter.com/NYCHomoCon/status/1570456702390267905

  119. Ex says:

    Midterms should be fun.

  120. Ex says:

    I wanna watch the GOP bleed out like the rotting corpse it is …

  121. Hold my beer says:

    Juice

    I hope desantis or abbot sends another 50 to them. And sends more to all of the exclusive liberal seasonal areas in the US. They wants them, they gets them. I can’t stand limousine liberals.

  122. Juice Box says:

    Beer – It won’t be weekend at Barry’s for them, plan is now to move them ASAP to a military base off the island on cape cod. Sounds like kicking the can back to the Feds again. News interviews say they want working papers that is why they took the flight from San Antonio in the first place. None so far have said they were political refugees from communist Venezuela. They should drop off a few hundred at Joe’s place too, sure the Secret service will stop the bus from going down his beach house street but they can always drop them in town too. There is always room for more after all….

  123. Ex says:

    You guys are strange. People want to come here & work bfd.

  124. Libturd says:

    I’m looking forward to improved chimichangas.

Comments are closed.