From CNBC:
Mortgage rates jump back over 7% as inflation fears drive yields higher
The average rate on the 30-year fixed mortgage jumped back over 7% on Thursday, rising to 7.1%, according to Mortgage News Daily.
Growing fears that inflation is not cooling off are pushing bond yields higher.Mortgage rates loosely follow the yield on the U.S. 10-year Treasury.
“Rates continue to move at the suggestion of economic data, and the data hasn’t been friendly. This is scary considering this week’s data is insignificant compared to several upcoming reports,” said Matthew Graham, chief operating officer at Mortgage News Daily.
Rates went over 7% last October. That was the highest level in more than 20 years. But they pulled back in the following months, as inflation appeared to be easing. By mid-January rates were touching 6%, spurring a big jump in buyers signing contracts on existing homes.
So-called pending home sales rose an unexpectedly strong 8% from December, according to the National Association of Realtors. But the past four weeks have been rough. Rates have moved 100 basis points higher since the start of February.
For a buyer purchasing a $400,000 home with 20% down on a 30-year fixed loan, the monthly payment, including principal and interest, is now roughly $230 a month more than it would have been a month ago. Compared with a year ago, when rates were in the 4% range, today’s monthly payment is about 50% higher.
As a result, mortgage applications from homebuyers have been falling for the past month and last week hit a 28-year low, according to the Mortgage Bankers Association.
“The recent jump in mortgage rates has led to a retreat in purchase applications, with activity down for three straight weeks,” said Bob Broeksmit, president and CEO of the Mortgage Bankers Association. “After solid gains in purchase activity to begin 2023, higher rates, ongoing inflationary pressures, and economic volatility are giving some prospective homebuyers pause about entering the housing market.”
first
still asleep …..?
Lazy WFH people can’t drag themselves out of bed on a Friday. Clearly we’re seeing a drop in productivity here.
Bunch of losers and isolated freaks.
Compared with a year ago, when rates were in the 4% range, today’s monthly payment is about 50% higher.
Get Violet Parr to put one of those protective dooms over the NJ/NY area because rates here could go to 12% and hammer prices would still creep higher. There’s the rest of the country and then there’s us.
It’s beyond me how the muppets are justifying the monthly nut but they are and it’s dizzying.
“Bunch of losers and isolated freaks.”
Hey, I resemble that remark…unless anyone else was grinding through MBs of csv while chi was doing his old man early a.m. bathroom run…
Truth in jokes….
grim says:
March 3, 2023 at 7:57 am
Lazy WFH people can’t drag themselves out of bed on a Friday. Clearly we’re seeing a drop in productivity here.
My wife doesn’t get out of bed till 1030 on WFH Fridays….
Left: knee high in spreadsheets and documents, for the couple of weeks. Up early and at it early. Plus since I don’t have to commute, bathing is optional now, maybe once a week if I think about it.
Monthly nut . . .
Below is a link to an “ok” home in Waldwick.
Stats:
12 Maple Ct.
Waldwick
3 bed, 2bath
$635k ask
Monthly nut is $5,100 for mortgage and property tax, assuming 5% down and 7% 30-year fixed. So, the owners more-or-less need $6k a month for home-related expenses (insurance, utilities, repairs, etc). So, you probably need at least $180k in annual compensation to minimally get by. $180k per year is about $10k net per month.
So, out of the $10k per month, it’s $6k for the house, minimum $1k for two cars, around $1k for food. Leaving $2k for everything else.
https://www.njmls.com/listings/index.cfm?action=dsp.info&mlsnum=23006095&openhouse=true&dayssince=15&countysearch=false
I’d like to short whatever company pumpkins wife works for, lol.
She works hard…she doesn’t WFH everyday. That’s only on Fridays. She actually goes to work majority of the week.
At the end of the day, she is just an avg. She is a very hard worker with long hours. What do you think all these other workers are doing with WFH? So you may want to short a lot of other companies that actually WFH all week.
You can’t be this thin skinned after all this time here.
Fast: Don’t fight it, that’s the way it is here. Rates could go to 20 percent and it won’t matter.
So, out of the $10k per month, it’s $6k for the house, minimum $1k for two cars, around $1k for food. Leaving $2k for everything else.
It’s warranted. It’s different here. If one can’t hack it, then one doesn’t deserve to live in Northern NJ. Try the Poconos, you may find something there.
This area is for those who want to live the dream and go apple picking at Demarest Farms.
Imagine shelling out $5K per month for a has-been house deep in New Jersey at a 7% interest. That’s a self inflicted Monte Christo move.
10 year dropping below 4 again….
“This area is for those who want to live the dream and go apple picking at Demarest Farms.”
or ski year round at Big Snow
crushednjmillenial,
Stop using mathematics to calculate expenses. It’s about how you feel and appearances. Besides, math is rac1st. You should know better!
87,
It is below 1997 stock price already. 10:30 AM? Which blog is she tormenting at all hours of the day? NJ Kept Husbands Commiseratory?
See! Who says the dream isn’t possible!
https://www.trulia.com/p/pa/albrightsville/195-valley-view-dr-albrightsville-pa-18210–2016299194
PITI plus HOA = $1,950/month:
https://www.trulia.com/p/pa/albrightsville/162-buckhill-rd-albrightsville-pa-18210–2016298671
But, it’s outside the Violet Parr impervious dome.
People are so focused on acquiring the structure, that they forget to consider the community outside of it.
I am in the office at 7 AM on friday…
Fast: Who wants to live in Albrightsville PA??? Just the name alone says unsophisticated residents. I bet many of the residents belong to bowling leagues. You want special and sophisticated, you pay.
3b,
And I bet they were bowling shirts, too. Bah! It’s only German cars and artisan bread for us!
chi, I don’t know what the context is…too much time on my hands and no golf, lol?
Seriously, it came about because for the life of me I’m not seeing any real long opportunities. It’s not as bad as a month or so back when you, I, and Lib were discussing re-entering and my short screens were returning an unheard of 600+ names but still nothing I’m seeing that’s compelling…
Ultimately, and sooner rather than later, I really do want to get to the point of having a large portion of my account back in set it and forget mode and I’d like to get it right on the first go around, not later. And as I mentioned I have a blind spot on much of the tech stuff – I literally know nothing on SaaS, etc and haven’t yet found consistently reliable research – so as I mentioned to Lib yesterday figured I would take a look at multiple ‘beaters’ and see if there were anything that could be derived because some companies, many established but growth tech, seem to be consistently delivering with share prices moving…
The macro stuff just fell out as I ran that first to give context…no judgements, just minor surprises. Realized as I was doing it I had no idea of even the basic answers…gun to my head force me to give the correct answer on historical eps beat percentages, you should pull the trigger because I was clueless…the interesting stuff to me I posted last night…the base level, that the short and long term averages (5 and 20 year) are right on top of each other, the low variance on the eps at least…and especially to your question and Lib’s quest, where we sit right now on EPS beats is not far out of line with historical standards which raises context on where and how we go from here…
Listen, end of the day if good portfolio and trade management is a well prepared full course dinner this stuff is which fresh herb and how much sprinkled on top…it’s far from being a deciding factor in success.
Although I will say you never know…I am still amazed at the disinformation (ie, potential trading and investment opportunities created out there) among established money managers with a lot of OPM and national microphones that just have some shit really wrong…applying floor P/E multiples to forward earnings in a recession scenario, that technical analysis only really works in stable markets and breaks down in chaotic situations…don’t know which markets they are watching, but what do I know I’m a retired HS janitor living fat on the hog in a Red State on my NJ school pension…
I’ll keep noodling around and toss any interesting (bullet) points out…listen, that covid drop and rebound was absolutely extraordinary for me…I have zero expectation we will experience something similar before the market resumes its inevitable march up again but…what I did coming out of covid was a huge learning experience for me but easy, a hat trick at JV and certainly not repeatable on a National tournament bound team. I have the trading down (entries, options setups, trade management) which historically was the difficult part for me. To do similar off another (less severe) downdraft this time I’m gong to need that trading experience but also be a bit more selective on the company side…while that is my historic strength, it was my career FFS, I’m seeing anomalies I can neither explain nor address and I know that in areas I need to be I have blind spots…so, with that, back to coal mines with the other child laborers looking to find that diamond…
Breaking news….AMZN HQ2 construction ‘paused’….
Guys,
People that are performers have no problem working at home and getting chit done. They are the minority of the population (maybe 30%, but prob more like 20%). Rest of the population can not work at home because they are self driven and basically don’t give a f/k. Bottom 50% of the population…you are lucky to get any kind of work out of them. This is the reality.
So when I bash WFH…understand I am coming from looking at the big picture. Majority of the population can not handle wfh long-term. They will find ways to get paid more than they put in on this platform. Unfortunately, they need someone to constantly push them or they will do chit, or at best, the bare minimum.
Fast: Bowling shirts with their names on them! Can you imagine! The women probably drink beer too, and domestic!! Who wants to be around those types of people.?
I mean just like at some of these lawns with people that WFH. They are so f/ing lazy, they can’t even take care of the house while WFH. They just sit in the sweats all day and gain weight. My neighbors are one of them. They both WFH, and he cuts the grass once a month. They barely leave the house. Maybe a couple times of the week. They take like 2 days to grab the garbage can when they do put it out. They never come outside. Now how many are out there like this?
Nothing to see here…just one of the largest, richest, and most liquid corporations in history says it doesn’t want to continue developing a piece of CRE it shopped and negotiated over the course of two years to house its white collar work force…
Left,
Some of these corporations are going to realize they made a big mistake giving these workers so much freedom and flexibility. There is a reason workers didn’t have these things for so long. You won’t see the negative impact in the short-term, you will see it in the long-term.
But hey, maybe I am wrong. Maybe you can trust all these workers. If they do continue to adopt WFH, I hope I am very very wrong about the typical worker. Our society depends on it.
All I see is the quality of worker going to chit in this unicorn labor market. From top to bottom….all going to chit. Hope it changes. The irony in fast food workers getting 20 dollars an hour and doing an even chittier job. Crazy.
An experiment I would like to see.
The internet in America shut down for two weeks, with people not knowing how long it will be down for.
Those who have not grown up without it would go absolutely bonkers.
I remember a teacher in psych class telling us if you don’t think you are addicted to television, turn it off and put it in the attic for 10 days. If you can’t handle that, you are addicted to it.
Pumps — You exude resentment.
The irony in fast food workers getting 20 dollars an hour and doing an even chittier job.
Honestly, where I live, those are some of the hardest working individuals I know. Can barely afford the product they are selling, working with a skeleton crew, and being polite while handling long lines of angry Karen customers.
Teachers ran from Covid. Chicken sh I tts.
Left – I can only imagine many people went all in on RE the day after the original announcement was made.
“They both WFH, and he cuts the grass once a month.”
She probably has him doing the laundry and the dishes.
Get your tap water tested in Wayne, it probably has high levels of estrogen in it from urine with birth control.
Phoenix: I find some of the biggest obnoxious arse holes, are the first/ second generation college educated, who came from blue collar working class families, who now perceive themselves to be better and more sophisticated than those same people. They adopt airs of superiority and sophistication, and almost have contempt for the blue collar working class that they came from. Ironically, I never saw that with the generational wealth people I worked with over the years,( that’s not to say it does not exist there as well). They were comfortable in their wealth, many of them had families back to the Mayflower Days as they say.
And I have seen blue collar guys be obnoxious to those who are educated. Belittle them for being educated….calling them suckers for going to college. Goes both ways.
3b says:
March 3, 2023 at 11:31 am
Phoenix: I find some of the biggest obnoxious arse holes, are the first/ second generation college educated, who came from blue collar working class families, who now perceive themselves to be better and more sophisticated than those same people. They adopt airs of superiority and sophistication, and almost have contempt for the blue collar working class that they came from. Ironically, I never saw that with the generational wealth people I worked with over the years,( that’s not to say it does not exist there as well). They were comfortable in their wealth, many of them had families back to the Mayflower Days as they say.
Just look at how teachers are treated…enough said.
3b
First/ second generation college educated are being tortured by their employers to do more with less. You expect more from them, they expect more from everyone else. They are triggered.
OTOH, generational wealth people have all day to sit in the line at Starbucks .No one to rush them, SAHM in her Lexus, only time she will get flustered is if it takes so long to make her latte that she misses her nail appointment.
case in point…… we touch the 200 day yesterday and boing….
I think the interim answer is Tom Keene’s triple leveraged all-cash.
leftwing says:
March 3, 2023 at 10:29 am
… that technical analysis only really works in stable markets and breaks down in chaotic situations…
Pumps, How are you doing with that DNA stock. I think it is at an all time low now.
I just call it how I see it. When Musk puts it down and mocks it, is it due to resentment or the fact that he understands how to get chit done?
Boomer Remover says:
March 3, 2023 at 11:16 am
Pumps — You exude resentment.
Funny you ask, Jim. Was looking to buy today. I love buying ultra cheap shares. This is a long-term play, not a short-term one….please understand this before you throw in your mocking commentary.
Think of it as buying Amazon while it was beat down and getting mocked on the regular. Idiots that can’t see the future mock companies that they don’t understand. I mean…how long did they mock Tesla for and still do…it’s comical.
Phoenix: Whatever the reasons, and for whoever it applies to, there is no excuse for treating people as somehow less, based on where they come from and their level of education.
Whatever the reasons, and for whoever it applies to, there is no excuse for treating people as somehow less, based on where they come from and their level of education.
Except when they can’t afford a German car and Upper Montclair address. Otherwise, they’re not really interesting enough for our tastes. I mean, ignoring them is being compassionate… it’s not like you’re hurting them or anything, right?
Left,
So this means that AOC was right to object to HC2 in NY.
I heard a great stat that Covid brought tech adoption in the workplace forward 10 years. I suppose this is the consequence.
Amazon HQ2 plans
The timeline of the pause on construction of the headquarters, which Amazon calls HQ2, is still being determined, per a spokesperson.
The company expects to start pre-construction work later this year and open the first phase of the second headquarters, Met Park, in June, which can accommodate more than 14,000 employees.
The spokesperson said the company’s long-term intention and commitment, including its anticipated 25,000 corporate and tech jobs connected to the second HQ, remain unchanged.
It’s hired more than 8,000 employees for the Met Park campus, the spokesperson said.
Amazon’s first headquarters, the Amazon Spheres, is in Seattle, Washington.
Amazon still building it…..they are preparing for a recession.
“The spokesperson said the company’s long-term intention and commitment, including its anticipated 25,000 corporate and tech jobs connected to the second HQ, remain unchanged.”
The Great Pumpkin says:
March 3, 2023 at 12:23 pm
Funny you ask, Jim. Was looking to buy today. I love buying ultra cheap shares. This is a long-term play, not a short-term one….please understand this before you throw in your mocking commentary.
So how much do you own of DNA now, buy today before it goes under.
Then why do you put people down for living in Bergen County?
3b says:
March 3, 2023 at 12:29 pm
Phoenix: Whatever the reasons, and for whoever it applies to, there is no excuse for treating people as somehow less, based on where they come from and their level of education.
Jim,
I will do me. I believe DNA is a major disruptor. I love the management. They had a great guidance call this week. They are transparent. They straight up said that they are focused on the long-term, and will not make short-term moves just to push the price up. They are focused on building something amazing. They created their first lab in 2010 by buying the pieces used to build the lab from used parts on EBAY. These MIT kids are special. They basically built this garage lab and turned it into a billion dollar company. Simply amazing what they have already achieved and can’t wait to see what they do in the 5-20 years.
Of course, like FoxConn..still building it. We are committed.
“So this means that AOC was right to object to HC2 in NY.”
Fabs, yes your comment is one of the first that ran through my head when I saw the announcement…not sure which scares me more…agreeing politically with AOC or you :)
Yes, offices are dead….sure.
“Beyond job cuts, Amazon in November announced a hiring pause for its corporate workforce.
-Amazon CEO Andy Jassy said last month the company will require most corporate employees to spend a minimum of three days in the office per week starting in May, updating work-from-home policies enacted because of the coronavirus pandemic.
-The company also paused construction on sites in Bellevue, Washington, and Nashville, Tennessee, to redesign plans for office spaces.”
The Great Pumpkin says:
March 3, 2023 at 1:17 pm
Jim,
I will do me. I believe DNA is a major disruptor. I love the management. They had a great guidance call this week.
Simple question, only requires a simple answer.
How much of DNA do you own now?????
Oooofff…Jim, haven’t looked at DNA in a while, $1.39….
CW and Pumps are the one-two punch kiss of death for a company’s shares…CW backs the truck up at ten all the way down to this all time low, Pumps hops in at $3.20, rides that down, finally finds the balls to buy more around $1.75, and promptly gets another 20% haircut…LOL…hope he has a poster of CW hanging on his ceiling over his bed like teenage boys used to do with Farrah Fawcett, that’s the only near term return he’ll likely see…
What both these novice ass-clowns oblivious to valuation are missing is that at $1.3B equity value and as one of literally hundreds supply and service companies serving the life science and agri-business sectors, of which dozens are public, this company given its own published forecasts is not wildly mispriced.
What an entirely predictable dumpster fire. This thing had red flags all over it.
https://www.cnn.com/2023/03/03/business/ford-repossessing-car-patent/index.html
“We don’t have any plans to deploy this,” Ford said in a statement, pointing out that the company was granted — not just applied for, but actually granted — 1,342 patents last year. That’s an average of 3.7 patents per day.
…
Before getting to the point where the car would simply drive itself away, delinquent payers would be subject to a litany of annoyances. First, badgering messages on owners’ smartphones and even on the screens inside the car. These messages would demand at least an acknowledgment or, better yet, on-the-spot payment.
If the owner persists in ignoring these messages, the vehicle would, in the words of Ford’s patent application, “initiate execution of a multi-step repossession procedure.”
Fabius Maximus says:
March 3, 2023 at 12:51 pm
“So this means that AOC was right to object to HC2 in NY.”
Bystander says:
March 3, 2023 at 1:32 pm
“Of course, like FoxConn..still building it. We are committed.”
Stooges will be stooges. Maybe you guys missed this — “It’s [already] hired more than 8,000 employees for the Met Park campus…”. As someone who visits Arlington VA several times a year for work, and has witnessed first-hand the massive amount of construction and economic activity, I can tell you what I’m sure you already know, but won’t admit — no, AOC was not right!
I wonder when car makers stop selling vehicles altogether. Leasing and licensing only.
And idiots who take the troll bait will always be idiots
SmallGovConservative says:
March 3, 2023 at 3:53 pm
Fabius Maximus says:
March 3, 2023 at 12:51 pm
“So this means that AOC was right to object to HC2 in NY.”
Bystander says:
March 3, 2023 at 1:32 pm
“Of course, like FoxConn..still building it. We are committed.”
Stooges will be stooges
Phoenix says:
March 3, 2023 at 11:27 am
“Get your tap water tested in Wayne, it probably has high levels of estrogen in it from urine with birth control.”
Disgusting, but fascinating. Extrapolating beyond Wayne, this might be the explanation for men like Flab and Bi, who enjoy being governed by he likes of Carmella Harris and Nancy Lugosi.
The Great Pumpkin says:
March 3, 2023 at 10:45 am
“They are so f/ing lazy, they can’t even take care of the house while WFH…”
If we’re being honest, work-from-home should be called what it really is, home-from-work. I’m convinced that for the vast majority of workers, when they’re ‘working’ from home, home-related activities come first and work-related activities come second. As I’ve said before, I think companies should make work ‘configuration’ part of each employees total compensation package; rock star employees — highest pay, complete work flexibility; worst employees — lowest pay, zero work flexibility.
AOC is a savage savant and psychic crystal gazer. Her intelligence and foresight are remarkable! We all knew her 5th grade reasoning, 4th grade vocabulary and 3rd grade voice were disguises to throw off those toxic white males who secretly want her!
Joyce, one reason I wouldn’t do an EV or other highly software update dependent vehicle…you give up your leverage in any dispute…there’s an old saying, possession is 9/10ths of law…these abilities seriously undercut your ‘possession’…
I learned it with some subscription product, forget which…had it on auto-pay, canceled, some dispute ensued and they hit my credit card…long story short the autopay T+C allowed them to do that…wasn’t a big amount but I learned, most of my recurring bills and even credit card payments now aren’t autopay, those that are if I cancel when I’m on the web page I also go in and not just stop autopay but modify slightly the credit card number, zip, and csv. May sound excessive but takes all of 35 seconds and worth not having the incredible time sink and aggravation of having to deal with vendors on the phone over $40…
On the EVs I could easily sketch a shitshow scenario for manufacturers other than the majors…isn’t Rivian is Saudi controlled, we get into a spat with them politically what prevents them from turning off their vehicles? Or more likely some of the second tier manufacturers like a Lucid or Polestar, not necessarily on the strongest financial footing…they get in financial trouble you know creditors have first security interests in their assets which would include source code…hell, you can find yourself in a scenario where the code is ‘foreclosed’ by some private credit fund and unless you want your pretty new sporty EV to be anything more than a 2000lb brick in your garage the private debt fund sends notice that to continue to use the code/receive updates that make the vehicle run there will be a one-time assessment to you of ‘x’ thousands of dollars….
Any of the EV folks on here, you read the fine print of documents covering your software and updates?
“rock star employees — highest pay, complete work flexibility; worst employees — lowest pay, zero work flexibility.”
Honestly my industry was always like that…people even down to the most junior level knew not to abuse it (ie, take three days away and two days in) but 30 years ago some top rated kid takes a bunch of spaced out mental health days or WFH because he just needs to get personal shit done, NP. But…damn well better get a return call in minutes when paged and from where ever he is be able to manage something on that zero notice for a few hours, if needed…
Senior guys, nobody cared. Out of office golfing five days a week but make the numbers, NP. Not make the number you could pitch a tent in your office and sleep there, you’re gone….
Valuation
Cash $1.3 billion
Foundry only earns about $175 million in sales right now. That is because this platform is like a pipeline for other biotech companies. Programs are put into the foundry when a company partners with Ginkgo. It can take years for these programs to be completed to the level of commercial launch. They get paid a small amount for their work, but most of the value is in the form of Equity Stakes, Royalties and Milestones. The key here is to watch the number of programs they have in their pipeline. That is the indicator of potential future revenues. I think they could reach $1 billion in foundry revenues in the next 7 to 10 years. I would give this a value of $1.75 billion based on realistic price to sales on their current foundry sales.
Biosecurity has been really strong since Covid. There is some concern it could fall off as Covid sales fade. This started to happen as Covid testing sales slow and are being replaced by recurring longer term revenues from their preventive programs. Right now, they are doing $100 million in biosecurity sales. That gives it a value of about $1 billion in value based on a realistic price to sales.
The pipeline of the foundry has well over $2 billion in downstream value in the programs from 2022 alone. I would venture that this pipeline is much bigger than that. I would give this a standard $500 million valuation for a typical early stage clinical pipeline.
All in, that is a $4.55 billion market cap. Based on the 1.6 billion shares outstanding , that comes to $2.84.
“What both these novice ass-clowns oblivious to valuation are missing is that at $1.3B equity value and as one of literally hundreds supply and service companies serving the life science and agri-business sectors, of which dozens are public, this company given its own published forecasts is not wildly mispriced.”
It’s been short attacked. For a long time now. Why? Because the pro shorts knew the spac deal would give the founders a bunch stock that they would have to sell to pay the tax. They f’ing feasted on it. They knew the more they drove the price down, the more shares these founders would have to sell as the value of each share is dropping. This is why shorting maybe should be illegal. Giving big money too many tools to manipulate stock prices on the way up and down. That’s why short-term action in the market is not considered investing, but rather trading (aka gambling). Long-term, if it’s a good company, then you will make money. Imho, this is a good company with a bright future.
I don’t complain about the shorts driving the price down because I don’t need this money now. I don’t need it for the next 10-20 years. So I’ll buy up the ridiculously cheap shares on a long-term timeline.
Was going to buy 5k worth today at 1.33. Too bad my bid was never triggered. Guess faster people in front of me.
My avg is currently 2.83. Plan is to DCA while it’s cheap.
Thank you for the cheapies, shorts. You are appreciated.
I extrapolate that Smallbrain is on the drag club circuit hitting stops up and down East Coast – NYC, DC, Tampa. I picture something like Randy Quaid in Kingpin..yeesh.
Hey Phoenix,
Nice play. It is so easy to a red hat mook like Small to believe any farcical crap:
Florida Governor Ron DeSantis appointed a guy who thinks tap water will turn you gay to Disney’s new governance board — and no, it’s not Alex Jones. According to CNN’s KFile, Ron Peri, a former pastor from Orlando, once said that the number of LGBTQ individuals was increasing because of high estrogen levels in tap water.
“Why are there homosexuals today?” Peri speculated in a 2022 Zoom call with members of his ministry group The Gathering. “Some would say the increase in estrogen in our societies. You know, there’s estrogen in the water from birth control pills. They can’t get it out.” Peri suggested that estrogen consumed via drinking water was contributing to a decline in testosterone levels among men.
Bystander: Who knew a decline in testosterone could make one Gay?? I thought it meant a decline in ability to perform whatever one’s sexual preference? Too funny!!
Don’t bring an idiot to a gun debate. Going after GOP hypocrisy is fish in a barrel.
https://twitter.com/TheProblem/status/1631610370887491584
Bystander says:
March 3, 2023 at 6:45 pm
“…a guy who thinks tap water will turn you gay”
I wonder if it’s the water that’s also turning gay Dem mayors into pedoph1les…Either of you stooges vote for this guy?
https://nypost.com/2023/03/03/accused-pedo-mayor-patrick-wojahn-called-pete-buttigieg-his-buddy/
Just got home after work, thanks guys for the funny comments.
I really, really, needed this laugh after tonight.
Tomorrow, I mean today, is another day. You made my night.