From Bloomberg:
US Home Prices Now Posting Biggest Monthly Drops Since 2009
Median home prices fell 0.98% in August from a month earlier, following a 1.05% drop in July, Black Knight Inc. said in a report Monday. The two periods mark the largest monthly declines since January 2009.
“Together they represent two straight months of significant pullbacks after more than two years of record-breaking growth,” said Ben Graboske, Black Knight Data and Analytics president.
The housing market is losing steam fast with skyrocketing mortgage rates driving affordability to the lowest level since the 1980s. The Federal Reserve has sought to curb inflation, which has thrown cold water on the US real estate boom.
While prices are falling on a month-over-month basis, they’re still significantly higher than a year earlier when the buying frenzy was going strong. Values were up 12.1% from a year earlier in August.
The sharpest correction in August was in San Jose, California, down 13% from its 2022 peak, followed by San Francisco at almost 11% and Seattle at 9.9%, the company said.
First
second
An enormous storm causes devastating damage and loss of life. And you cannot resist the opportunity to spin it into division and hatred. Life isn’t always about politics and proving your point. Sometimes life is about compassion.
SmallGovConservative says:
October 2, 2022 at 10:56 am
Old realtor says:
October 1, 2022 at 1:32 pm
“That law and order sheriff is going to protect what?”
Liberal stupidity never ceases to amaze. Yours is the kind that results in Dem officials like Baltimore mayor Stephanie Rawlings-Blake , who in the midst of rioting and looting in her decaying city said “…we also gave those who wished to destroy space to do that as well…”.
Democrats passed a bill on Friday for $18.8 billion for FEMA’s hurricane Ian response.
Every Florida Republican, including Matt Gaetz, voted no.
Great Mets-Braves series this weekend, at least for Braves fans.
The Mets weren’t so Amazin’. Though, post-season should still be interesting.
Gaetz is subhuman
7:22 GOP playbook….
Saw Poppy, Janes Addiction, and Smashing Pumpkins last night. Smashing Pumpkins was great. Liked Poppy too.
Democrats passed a bill on Friday for $18.8 billion for FEMA’s hurricane Ian response.
Post a link to the bill that lists the line item distribution of funds. So far, all I can find is that some of the money goes towards cars for the Department of Homeland Security, fisheries in Alaska and a roof for the Smithsonian. Post the link that illustrates the distribution. I’d venture to bet that very little goes toward actual relief and most goes toward pet dem projects. It’s a campaign commercial for the democrats because honestly, they don’t give a fuck that an 85 year old woman is sitting on a milk crate right now, in the place where her house stood.
But the Republicans are doing their best to see that nobody steals that 85 year old woman’s milk crate.
And then there is the Populist response to a natural disaster.
https://www.youtube.com/watch?v=kEe7_zgZbuI
They are all the same.
The Media is again reporting on an unrelated bill. Problem is the half truths of the legislation, and the process of how some FEMA rules changes were added to another unrelated bill that was done in the SENATE.
The vote itself was the following.
BILL NUMBER: H. R. 6833
It is the “Affordable Insulin Now Act” that vote happened on Friday at 1 PM.
It passed.
Vote Question: On Motion to Concur in the Senate Amendment
That is not the say Gaetz isn’t a turd. I always think to myself why do people vote for this guy? But then I have to remind myself of some of our great New Jersey additions to Washington Circus and clown show like Booker and Menendez.
Here are the amendments added by the Senate. Little to do with Insulin or Florida relief.
https://rules.house.gov/sites/democrats.rules.house.gov/files/BILLS-117HR6833EAS.pdf
You guys need to move on to better things to argue about.
Lib – re: “Populist response”
Biden will be down in Puerto Rico today… Two things he won’t do, be pictured looking out the window of Air Force 1 at the damage, and tossing paper towels into a cheering crowd. Perhaps he and Jill will be photographed standing arund some hurricane damaged buildings and sad looking families.
Puerto Rico got wiped out again? Power was knocked out again on the entire Island…They will need another 50 Billion to rebuild the electrical grid again… Ho do power lines get knocked down again and again? It’s not like they have tall trees on that island.
Here is why…..All that money allocated to rebuild Puerto Rico’s grid after Hurricane Maria? Seems it was never spent.
“Each community across the archipelago faces its own obstacles, but all share the awareness that we cannot rely on a federal and local government that has chronically failed us. In a recent congressional hearing, a Federal Emergency Management Agency Official, Anne Bink, reported that only $40 million out of the $13.2 billion allocated for public utilities, has been disbursed. This shocking shortfall follows FEMA’s own admitted failures in its post-Maria response, such as a lack of critical supplies and effective logistical coordination with the local government.”
https://www.latimes.com/opinion/story/2022-09-27/puerto-rico-hurricane-fiona-power-electricity-climate-disasters-communities
I was in San Juan over Labor Day weekend.
There was a huge protest at the governors mansion. Protestors were carrying appliances, pushing refrigerators and washing machines through the streets to protest the privatized grid operator, who seemed to be doing a shitty job, and this was even before the hurricane.
Regular power outages, something like 5 or 6 price increases over a short period of time. Lots of claims of mismanagement.
Credit Suisse really going under? Lehman 2.0? Anyone got their scotch tape and dollar bill ready?
My cousins home just sold. It’s a divorce sale, listed for 719 and sold for 700. No bidding wars only one offer of $675 which was countered. He is supposed to close this week but there is some kind of issue with the fireplace chimney and the CO. House was built in 1968 but the chimney is not up to code now it seems. There is some kind of top lock option that is acceptable and needs to get it done asap.
BTW he paid $260,000 for it 20 years ago. Kids are grown and out of the house as I said divorce sale. No idea what equity he sucked out. I would not be surprised if it was a good chunk, as he owns a bunch of rental apartments around Monmouth county.
Relocation for Afghan refugees? The Craft Beverage Modernization Act? The Hermit’s Peak/Calf Canyon Fire Assistance Act? Indian Health Services? National Recreation and Preservation? Refugee and Entrant Assistance? Ukraine Supplemental Appropriations Act? Extension of Child and Family Services? Native Hawaiian Housing Loan Guarantee Fund Program?
Is this the correct bill? I did a keyword search on the words “Ian” and “Florida” and they’re not in that Senate document.
No banks that big are allowed to fail. They have a trillion under management. Who really knows what is under the covers it is Switzerland after all.
Yes Eddie.. The vote was held Friday, they will be back tomorrow for the next episode of the clown show.
https://clerk.house.gov/FloorSummary
I wonder if Murphy will try to bail them out Grim.
As for FEMA not distributing money, I dare any of you to try to work with them after a disaster.
When our basement flooded after some named storm (though we had flood insurance from FEMA), we were told by the adjuster that the stuff the insurance wouldn’t cover would most likely be covered by FEMA since they declared NJ a disaster area. After finally figuring out the website (no task for the meek), we were told an adjuster would come, but to clean up anything that might cause further damage or would encourage mold growth.
About two months later, long after we fixed up most of the basement and had received our check from the insurer, I get an email from a personal Gmail account in broken English that clearly looked like fraud and had no mention of our claim, or that it was the adjuster. I figured it was a contractor trying to capitalize on the storm damage. It certainly looked like it. It was also from out of state and was the most unprofessional email I probably ever witnessed (I wish I saved it). We eventually followed up with FEMA who said we did not respond in time to the aforementioned email so they closed the claim. Of course, speaking with FEMA on the phone was another disaster. It was clearly a person from the deep south living in a trailer park. She was constantly berating her kids, her pets, her husband, while trying to help me out. Well she said look for the adjuster to reach out. This time I was ready. He texted me this time. If you thought that email was bad, you should have seen these texts. I responded to every one, to no avail. He would never call me to schedule the inspection. Back on the phone with FEMA again. At this point, I was probably 10 hours in on the phone and had done everything required including uploading tons of photos and descriptions up to FEMA to support our case. At least 20 hours (probably more) was spent on this. Eventually, they close the case without ever sending an adjuster, they say they have enough evidence in the pictures. I receive a letter a few months later, at least six months after my initial claim was setup online, stating that since I was insured, I was not eligible for anything else. So the carpeted stairs, the doors (basement was finished), the refrigerator/freezer contents, etc., all were not covered. I did okay with the insured items (furnace, freezer, washer, dryer and sheetrock). But probably lost about $3,000 more for the stuff FEMA would have covered if we did not have insurance. From all of the research I did, I think they were still wrong, but I just gave up. This is America. If it involves the government, you can be sure the lack of accountability will turn it into a complete shit show. Look at the PPP, the handling of Puerto Rico, my FAFSA form (which is still not working three days after they opened it), really anything they manage.
GAO report on Puerto Rico..
Lots of stupidity to going around. There is something like 28 Billion available for infrastructure projects, Roads, Bridges, Water, Schools, Power but a lack of local knowledge to get the job done. FEMA after all does not build the bridge they just cut the check after it’s approved.
Starting on Page 18…
“Limited institutional knowledge for managing FEMA’s grant
programs. Preliminary observations from our ongoing work indicate that
Puerto Rico faces challenges with building up institutional knowledge to
manage FEMA grant awards and projects. In particular, officials from
COR3 stated that COR3 found that some local governments—commonly
known as municipalities—had relatively little knowledge of the federal
procurement process or the use of Public Assistance funding for the
administrative and management costs of projects. Specifically, in COR3’s
February 2021 analysis of its survey to identify the capacities of
municipalities, it found that 31 municipalities did not have extensive
knowledge of federal regulations and needed to obtain better knowledge
in the area to meet federal requirements for recovery project contracting
and purchasing.”
https://www.gao.gov/assets/gao-22-106211.pdf
What a bunch of clowns. And the meager muppets pull the lever for the dems because, you know, it’s for the children.
Meanwhile, Elon Musk sets up Starlinks so communication and instructions can by passed quickly. He has too much money. Musk needs to pay his fair share so that we can fund the Native Hawaiian Housing Loan Guarantee Fund Program.
What I find comical about my cousin’s house sale is he has an old old hot tub on the deck. He could not give the damm thing away, tried for years on craigs list etc and tried giving it to me as well. It’s old but working and is now featured prominently in the home listing pictures. Lol…he has not used it in over a decade and he was too damm cheap to pay a hauler to take it away and too lazy to do what I would have done which is make quick work of it with a Sawzall and toss it out. Caveat Emptor……….
Juice,
I am in the process of slowly bringing our Glen Ridge house up to sellable condition. Just recently got rid of all of the old paint cans/chemicals/pesticides as our county had their collection on Saturday. We live in a tudor and have a unique/custom 100-year old front door. The bottom is nearly hollow so I just purchased a brass kick plate to hide this defect. I plan to refinish the door shortly as the stain has faded something fierce as well. I plan to refinish all of the hardwood throughout next. I need to hotwire a new ring doorbell (I got for free from AC) for the back door as well.
Lib re: ” nearly hollow”
Go one step further. Get a $6.47 can of expanding foam from Walmart. Don’t buy the cheap stuff for $3.. This GE brand green can is the best for large gaps, it hardens nicely and sticks to anything.
https://www.walmart.com/ip/GE-Large-Gaps-Cracks-Insulating-Foam-12-oz-Can/20576249
Does anyone know if Home Depot/ Lowes installs toilets?
3b – man up already…..and learn how to use google.
https://www.homedepot.com/services/c/toilet-installation/55af3b94a
Juice: Thanks. I know, I am getting lazy, looking for people to do the work for me. I will check it out. I have heard over the years HD does not have a good reputation for kitchen remodels.
In reference to this housing post, I see no change on prices here nor is there any inventory. People don’t want to give up their current low rate and move just to lock into a 6.5% 30 year nor does anyone want to overpay only to possibly get the same house cheaper in a year from now. And, the difference in PITI between a $400,000 loan at 2.8% is substantially different than 6.5%. It’s almost impossible to predict the direction in our area.
Fast: We shall see, but lots of old timers in Bergen Co, and eventually they will sell for whatever reasons. Divorce, other life changes, people who can’t afford their bills, recession etc, Lots of reasons and it’s early in the process. 20 odd houses in my town for sale, most appear to be sitting. Where is all the demand? Where are all these Millenials with big bucks jobs? It was a bubble here too, not like Boise Idaho and other places, but still a bubble.
Good idea Juice. I will. Then just cut the excess with a knife. Good idea.
Toilets are easy if it is a straight up replacement. Just have someone help you guide the base onto the wax seal. You only get one shot for a good seal.
2 Piece Toilets are easier to put in place, it’s a one person job. once the base is bolted down over the wax seal it easy to add the water tank.
I put in three since I moved in.. American Standard brand too.
https://www.youtube.com/watch?v=0q7MMoawww8
Libturd,
As a Braves fan, I will be rooting for the Mets to take out the Dodgers, so the Braves don’t have to do it again.
Juice/ Lib: Thanks for the information. I am too lazy, and will have someone do it for me.
NJ Gov. Phil Murphy was ready to send 135 National Guard & 40 support vehicles to Florida to assist in rescue, but was told by FL Gov. Ron DeSantis,
“thanks but help is not needed.”
Juice & Libturd -9:32
FEMA has a small set of permanent federal employees. They have list of pre-cleared of contractors and people that are called and made temporary hourly only employees, sort of what the Postal Service does to avoid paying benefits by having 90 days temps that are rehired again after 2 weeks layover.
Interpreting FEMA’s performance rules in Puerto Rico is another issue because you have to contrast it with Puerto Rico’s informal work culture, lack of rules, and on going corruption and the fact that is really small in size and population. FEMA expects to pay to legitimate, registered, bonded, licensed contractors and to duly titled registered property owners.
The reality is that most residential contractors in Puerto Rico are one of two guys that work together getting paid in cash and totally off the legal legit registered world.
Residential ownership is another really big issue. The fact is people built their home nilly-willy based on a handshake in a plot of land decades ago and legal ownership and title of the land where the home was built is not recorded legally. So when people filed claims as owners, well there is no legal record of ownership and claim is denied
“Two things he won’t do…Perhaps he and Jill will be photographed standing arund some hurricane damaged buildings and sad looking families.”
Maybe he’ll just wander around shaking hands with imaginary people on stage right…
Pres Biden and Dr. Jill are going to a school in the southern part city of Ponce, it will be a quick trip the flight each way lasts longer. The whole area got 32 inches of rain, it was not an ocean storm swell that wrecked the place but flash flooding, as Hurricane Fiona was a CAT 1 when it hit. There are large hills surrounding the city down to the ocean and poor drainage for sure…
They had deadly floods there in 1985, a landslide in that city Ponce killed 130 people back then. 31 inches of rain fell in 24 hours in that storm. So perhaps the drainage has improved since then. There is a large forest north of the city Toro Negro State Forest with peaks above 3500 ft. The flood waters build there and then wreck Ponce every time it rains hard.
Maybe it should be renamed Pounce? As to what happens every time there’s a storm.
Elon won’t be invited to Kyiv anytime soon.
https://twitter.com/elonmusk/status/1576973049277992974
This dude…… may or may not recognize….. photo is pretty airbrushed….
https://twitter.com/herculesinvests
Did this…..
https://dealbreaker.com/2022/09/former-cnbc-talking-head-suddenly-not-interest-in-showing-his-face
Chi – He is still at large..and FBI is looking for him.
https://www.justice.gov/usao-cdca/pr/arcadia-man-charged-securities-fraud-stealing-client-funds-and-concealing-his
Sweden has a few ship now off NordStream pipeline gas leak with a submersible and divers. We might see some pictures soon. Considering they are waiting for final approval to become a member of NATO I would expect them to pin this on Russia.
WTF?
U.N. Calls On Fed, Other Central Banks to Halt Interest-Rate Increases
Chgo: Talk about balls!
The market cannot drop to where it was 2 years ago, that’s armageddon
That’s crazy!
chicagofinance says:
October 3, 2022 at 3:12 pm
WTF?
U.N. Calls On Fed, Other Central Banks to Halt Interest-Rate Increases
BRT: There is no Fed rescue this time. This was a decade in the making.
3b, I agree. Just making fun of how the recent peaks are the new baselines for Armageddon.
Chi,
I recognize him.
https://youtu.be/WR1UiNdQnDw
Just picked up two tickets to Jack Johnson in the SB Bowl.
This guy: https://youtu.be/suY1W86fJ-M
Love Jack Johnson. First heard of him in Hawaii of all places. His music fits their vibe though.
Very first listen to Jack Johnson was snowboarding up at Hidden Valley (NJ)
He was guesting on a G. Love album.
Listen to this
https://youtu.be/HtW367czY8A
Biden claims ‘I was sort of raised in the Puerto Rican community’ in Delaware
Biden is only his day moniker. At night he become Dark Brandon.
That senile old codger is at the wheel.
At night he become Dark Brandon
That’s because he shits his pants.
Lots of attacks on Elon over his Ukraine comments about starting peace talks and his online poll. I would think most agree that this war must end with a diplomatic agreement, and the sooner the better.
Perhaps the keyboard warriors should book a flight and join the ranks of the International Legion of Ukraine if they really believe that they should keep fighting for perhaps a decade or more to come. No matter what the media says the war there began over 8 years ago now in 2014, with tens of thousands dead and as many as 6 million refuges and 2 million forcibility displaced people.
How long should they fight? Do they really believe they can take back all that land with the meager means they have today? We aren’t going to give them the force projection they need to stop the Russians on their territory. That would mean nuclear war, something that unfortunaly should be avoided at all costs. That is the reality of it, as soon as our politicians wake up to this fact then perhaps some constructive talks can begin.
Ex,
Ironically I spent all day listening to him. Wife likes his songs. You want to make a woman happy put on Banana Pancakes. He has a good positive vibe.
Chgo: I heard his comments yesterday, it was painful and embarrassing to listen to. Biden and Harris are an absolute embarrassment.
TUCSON, Ariz., Sep 30, 2022 (GLOBE NEWSWIRE via COMTEX) — TUCSON, Ariz., Sept. 30, 2022 (GLOBE NEWSWIRE) — The Association of American Physicians and Surgeons (AAPS) filed its motion and amicus brief Thursday evening with the federal district court in Galveston urging it to allow the lawsuit to proceed against the FDA for its misleading statements against ivermectin. In Apter v. HHS, a group of physicians sued to hold the Food and Drug Administration, a federal agency within the Department of Health & Human Services (HHS), accountable for its interference with physicians’ ability to treat Covid-19.
“Defendant FDA has improperly exploited misunderstandings about the legality and prevalence of off-label uses of medication, in order to mislead courts, state medical boards, and the public into thinking there is anything improper about off-label prescribing,” AAPS writes in its amicus brief to the court. “Not only is off-label prescribing fully proper, legal, and commonplace, but it is also absolutely necessary in order to give effective care to patients.”
Yet the FDA published multiple statements and sent letters to influential organizations to falsely disparage ivermectin, implying that it was not approved for treating Covid-19. Many, including courts and state medical boards, were misled by the FDA into thinking that its lack of approval for this treatment meant that ivermectin should not be used to treat Covid-19.
“It has never been proper for the FDA to interfere with that essential part of the practice of medicine, and the FDA knows it,” AAPS informed the court. The FDA “insisted and continues to insist on interfering with the prescription of this safe medication by physicians in treating Covid-19,” AAPS added.
AAPS General Counsel Andrew Schlafly pointed out to the court that the FDA “has engaged in a campaign of interference with the proper use by physicians of ivermectin, which has long been approved as fully safe for human use.” He alerted the court that once the FDA approves a medication as safe, then physicians have full authority to prescribe it to treat any illness, particularly a novel virus like Covid-19.
The Association of American Physicians and Surgeons (AAPS) is a national organization representing physicians in all specialties since 1943. Its motto is omnia pro aegroto (everything for the patient).
Jose Alvarez O’Biden.
LMAO!
By the way, gas in California is up to $6.41 per gallon on average. The western part of the U.S. saw a 50 cent jump per gallon in less than a week. When slo joe took office, gas was $2.39 per gallon, now at $3.80.
I flipped through 6 or 7 news/business channels this morning; the talk went from inflation to rate hikes to the Ukraine to crime to North Korean missiles and Florida. I switched to MSNBC… Trump. LOL. It’s an SNL script at that station. They are wildly entertaining.
Guess I better start filling up trying to beat the weekly price gains again. Such chitty times…
“By the way, gas in California is up to $6.41 per gallon on average. The western part of the U.S. saw a 50 cent jump per gallon in less than a week. When slo joe took office, gas was $2.39 per gallon, now at $3.80.”
BRT – The AAPS a political group they don’t represent allot of doctors maybe 5,000 or so, there are many hospital groups alone that are much much larger. The AMA has about 250,000 of the licensed physicians in the political group. The AMA is against the off-label use since if it was not studied in a trial etc.
Off-label is an interesting concept BTW. The government gave the FDA the power to regulate “drug promotion” and “interstate commerce”, but doctors can do as they want it’s really up to the state powers via state medical boards to regulate, after all doctors are licensed by the states and not the Feds.
When this whole thing started with chloroquine and hydroxychloroquine before ivermectin the NJ Government and NJ State Board of Medical Examiners ordered the pharmacists (not the doctors) to not distribute it. This is all because a bunch of doctors had hoarded it already for themselves and their families and it was in short supply for whomever really needed it. Do no harm my ass.
Fast: And OPEC is apparently cutting production as well. Late summer we were hearing oil down inflation will be over. But, the voices were out there saying drop will be temporary which of course was right.
Fast: Jose Alvarez O Biden, that is funny!!
Somewhere I saw a stat that said there were less than 2,000 people of Puerto Rican decent in Delaware when Sleepy Joe was an adult never mind back in 1953 when he was 11 years old and his dad moved them there to run a used car lot. When he said raised by Puerto Ricans did he really mean grazed? As in by his teenage nemesis Corn Pop who Sleepy Joe called Ester Williams one the diving board and then went behind the pool fence to have a straight razor fight with his gang? Those Puerto Ricans? It’s all so confusing….
Stock markets will drop another 40% as a severe stagflationary debt crisis hits an overleveraged global economy
https://www.marketwatch.com/story/stock-markets-will-drop-another-40-as-a-severe-stagflationary-debt-crisis-hits-an-overleveraged-global-economy-11664823521
“Are we already in a recession? Not yet, but the U.S. did report negative growth in the first half of the year, and most forward-looking indicators of economic activity in advanced economies point to a sharp slowdown that will grow even worse with monetary-policy tightening. A hard landing by year’s end should be regarded as the baseline scenario.”
Juice; In my neighborhood in the Bronx, by the time I was in high school, it was about 50 percent Puerto Rican. J Lo went to my Catholic high school, and we had quite a few bodegas or as Jill Biden calls them bogetas . Just silly when these white liberals try and demonstrate how diverse they are, and they simply don’t have a clue.
8:10 it was my wife who told me he was playing there.
Liked him for years. Never seen him play live. Never imagined that if I did, it would be at the Santa Barbara Bowl on Yom Kippur. Wish my kid was with us :(
3B- They would have raked Trump over the coals if he said he was raised by Puerto Ricans. At least that would be more believable than Wilmington in 1953,
Lib; That is a sobering read from Mr. Roubini.
The new buzz in the market is Fed rate increases are going to break something, but not sure what might break. So if the Fed stops after November, does that mean the something won’t break? Is it the developing world economies that are going to break, like Sri Lanka? If this something breaks, would it be better to have it break and then clean up the mess, or cover it up, by stopping rate increases and hope it doesn’t break. The Fed and other central banks have made a mess of things. Low/ zero rates destroy economies.
Joe has worked nearly perfectly for the left. The more senile and incoherent he gets, the easier he is to circumvent and manipulate. Of course the neocons might be stumbling us into a nuclear war but the progressive left has a free hand to implement their domestic wishlist. And he’s also already gotten people killed with his rhetoric over MAGA. That 18 year old kid was run over by one of his zealots. That’s want covered by the propaganda industry.
Juice: Yes, they would have, again the hypocrisy factor. At least Trump grew up in Queens and actually saw Puerto Ricans. Delaware had a population of 1.1 million, as of the last census, 24k were of Puerto Rican descent.
Yeah, Joe, tell us how you grew up with Puerto Ricans in Delaware in the 1950s!
Correction J Lo went to my Catholic grammar school. Her Mom was a teacher there.
All this time I have been calling him a Q-Tip, but he is really a match.
An incendiary little p r icck with his mind skipping like a record thinking the world is back in time like it’s 1942.
Considering Jill didn’t know what a Bodega was, I doubt they’ve ever been around someone of Puerto Rican descent.
He made a joke, possibly, about being a pedophile last week that was barely reported. Of course that backs up a lot of the innuendo and rumors that we’re told about him. If you assume he’s just as depraved as Hunter.
Just silly when these white liberals try and demonstrate how diverse they are, and they simply don’t have a clue.
Nancy Lugosi said we need the immigrants to pick the crops.
Translation: “We need those sub humans to work like mules for our convenience.”
The AMA is against the off-label use since if it was not studied in a trial etc.
That wasn’t true though, it was studied in plenty of trials. It doesn’t matter what your opinions are of the AMA, what matters is, the FDA overstepped it’s boundaries and mission statement. More recently, they openly promoted the bivalent vaccines. That’s not their job.
Two senior FDA officials resigned last year during this because they knew the organization was being undermined from above. Then, when their expert panel which is relied upon to make decisions is overruled, or bypassed entirely, it’s extremely dangerous.
Lawsuits like this need to proceed to bring them back into their defined role. I have friends from grad school that work in the FDA. A lot of the employees there are disgusted with the political operatives running the show.
Why in the world do you want it all to crash? Why?
Take away those low rates, and what would life have been like? Needless pain for what? Because some rich f/ks are owed interest on their bonds? F them. They still live like kings. Pay the debt back so it all crashes and no one has everything. Go ahead, keep raising the rates so people can’t even afford to buy a car.
The point of an economy is to keep it functioning, not to make life miserable because of ideology. You want people to be able to eat and live. We don’t need to crash it all. No reason to.
3b says:
October 4, 2022 at 10:13 am
Lib; That is a sobering read from Mr. Roubini.
The new buzz in the market is Fed rate increases are going to break something, but not sure what might break. So if the Fed stops after November, does that mean the something won’t break? Is it the developing world economies that are going to break, like Sri Lanka? If this something breaks, would it be better to have it break and then clean up the mess, or cover it up, by stopping rate increases and hope it doesn’t break. The Fed and other central banks have made a mess of things. Low/ zero rates destroy economies.
the FDA overstepped it’s boundaries and mission statement. More recently, they openly promoted the bivalent vaccines. That’s not their job.
Sorry to tell you but you have a barely functioning government now. Corrupt down to the lowly patrolman.
All credibility is being undermined with cameras and video. Lies and propaganda being spread on social media. Blatant gaslighting is now the standard. Those with ethics are in the minority.
When the market crashes the wealthy come and scoop up all the chips just like a poker game.
None of this is an accident. None.
And should you retaliate – you become the criminal.
Adults should be ashamed of the world they are leaving the children, but they don’t have any shame at all.
Boo. Yah.
And the short on volatility in the 30s from the day before doesn’t suck either…
Staring at my ATH…that hedge hurt this time…boys, listen to chi…on market dynamics (seasonality, end of quarter, funds flow) he knows his signposts….
“leftwing says:
September 30, 2022 at 3:27 pm
So what do we say boys, buy on close?
Assumption that we’ll be through quarter end, into a relatively benign couple of weeks, no Fed, etc?
I probably have more net positive delta (essentially, long) than I’ve been in a while…”
BRT – My quote is off off the AMA website specifically on ivermectin…Anyway I get it the whole politicization of medicine. You should see me argue with my kids doctor over the balance bills and late fees I won’t pay.
Yes bichez
https://m.youtube.com/watch?v=V6A_dEBox9s
Left,
Gonna look for some shorts headed into earnings. This UN-infused rally may turn out to be an absolutely perfect setup for it. We’ll see.
Finally
10:29 farmers agree.
Trouble is that once you open the door wide open for a underclass you cannot really complain when your cities and towns are overrun.
Lib, same. Although, I’m starting to just play the indexes short instead of looking for stocks in general. I don’t have time to look at individual setups right now.
Ex: Kia Forum 3/28/23 tickets on sale Friday
The UN is generally either clueless or outright malicious.
Of course someone who has been addicted to heroin for 20 years is against stopping heroin. So bureaucratic agencies are against countries getting un-addicted to central-planner monetary stimulus.
There is no escaping pain, one way or another.
Opening in…..Sacramento !! Lordy!
BODY CAM VIDEO: Hazelwood Police Chief blows more than twice legal BAC limit during traffic stop
https://www.kmov.com/2022/07/14/body-cam-video-hazelwood-police-chief-blows-more-than-twice-legal-bac-limit-during-traffic-stop/
“If you don’t mind, I will take him home,” Neske said to an officer on the scene. “I have known him for a lot of years.”
The traffic stop ended with no arrest or ticket. A spokesperson called it a personnel matter and refused to say if the chief is still serving or if he is on leave.
Neske retired a few days after the traffic stop. The city said his retirement was planned a year ago and had nothing to do with the traffic stop. O’Fallon’s new police chief said he is investigating the incident.
The St. Charles County Prosecutor’s Office said police have not asked the office to look at the case.
3b,
I was told this would never happen as NYC is Silicon Valley East and they can’t find tech talent anywhere else.
Tech giant Meta has confirmed a report that it’s closing one of its New York offices, slimming down expansion plans in the city. The company’s move to end its lease at 225 Park Ave. South comes following an announcement b
Tom and Gisele calling it quits. I bet it goes beyond him unretiring and going back to the game. I think he went back to the game because there was something else. I don’t believe it was just Gisele having a fit that he went back. It could be. Maybe he promised to retire so she can dive into her career after primarily raising the kids and he reneged. Or, there’s a lot more to it. We’ll never know I suppose.
3:28 fascinating
Bystander: Oh they can find the talent whether in NYC or elsewhere in the country, they just don’t need to be in an office to do it. And, of course great savings from dumping office space.
Rumps are 12,000 layoffs coming at META
Rumors are lol
Opened up shorts on SPY, QQQ after the close. Overlaying 2008 chart on the current one is very spooky. If history repeats itself, this is basically the last bounce before a big red candle.
Juice- Putin’s invasion of Ukraine has already violated multiple treaties; what makes you think he’d honor the next one?
There are way too many similarities between Putin and Hitler in the 30’s- and we know how that worked out.