From the NY Post:
US office real estate prices headed for ‘severe crash,’ investors say
The commercial real estate market is headed for a severe collapse due in large part to sky-high interest rates and declining property values, according to a survey of investors.
Around two-thirds of those who responded to a Bloomberg News survey said they believe that the commercial real estate market will recover only after a crash.
When asked when they believe the price of office properties will hit bottom, 44% said they expect that to happen in the second half of next year while 22% said it will be in the first six months of 2024, according to Bloomberg News.
Just 6% of the 919 respondents said that prices would bottom out this year while 29% predicted that it would happen in 2025 or beyond.
The Fed has raised interest rates aggressively, which is increasing the cost of financing commercial properties at a time when there is also reduced need for them, which has hit rent levels.
Investors are bracing for a possible crisis triggered by default on $1.5 trillion in debt that is coming due by the end of 2025,.
Some $270 billion in commercial real estate loans held by banks are set to mature in 2023, according to Trepp.
Over the next four years, commercial real estate properties must pay off debt maturities that will peak at $550 billion in 2027, according to analysts at Morgan Stanley.
Earlier this month, a study released by economists from NYU Stern Business School, Columbia Business School and the National Bureau of Economic Research showed that vacancy rates are at 30-year highs in many American cities.
In New York City, the vacancy rate was 22.2% in Q1 of 2023.
frist
First west of the Mississippi
My neighbour knocked on my door at 3am this morning, can you believe that 3 am!
Luckily for him I was still up playing my Bagpipes!
Still up for consideration folks it’s between me and another Sling Blade. HR contacted me at 6 pm last night to schedule a call today to provide additional feedback, then I was told a candidate review meeting will happen for the final decision. A family member who runs HR for a Pharma company warned me they will be searching social media too. I hope they don’t find all of the comments I made about Magic the Gathering dweebs or gasp find this corner of the internet. I imagine the day will come when Skynet in fact know everything about you, and can send a T-900 back in time too.
Ten 474
Brian Daboll out there yelling at his quarterback and throwing a tablet. This isn’t Buffalo or Cleveland. Are we sure it’s the QB? This coach called a run play on 3rd and 11 to go…
While these people on mainstream media are still screaming “it’s just a pullback” and “we are still in a new bull market,” the greatest destruction of wealth in bonds EVER is happening right before your eyes.
Good time to buy bonds?
So? This calls for another bailout.
Profits are privatized, losses are socialized.
It’s the American way.
“Investors are bracing for a possible crisis triggered by default on $1.5 trillion in debt that is coming due by the end of 2025,”
Pumps – Were in diapers in 94? Greenspan did not bluff and the bond market crashed, heck Mexico crashed too.
Rates went from 3% to 5.5% that year.
Again to reiterate the markets are now bluffing the FOMC too. Never fight the Fed, this generation will learn one way or the other.
Doh!
https://www.dailymail.co.uk/news/article-12587269/amp/ozempic-airlines-save-money-passengers-weigh-less.html
History Rhymes we just add a few more zero’s NYC in the 1980s the average value of Class A Manhattan office buildings rose all the way to $290 a square foot and when it crashed it card hard and fell to about $100 a sq ft by 1993.
Same thing that happened back then is happening now. Oversupply, a downturn in the finance sector of NYC and back office was moved out of NYC to remote locations. This time we call it WFH…
I haven’t had time to look but NYC tax receipts have to be dropping….. Mayor of NYC was not wrong, but the full story is not just immigrants sleeping in Midtown hotels.
Don’t catch a falling knife.
grim says:
October 3, 2023 at 7:52 am
Good time to buy bonds?
That knife is sticking out of the ground. Pretty soon, the handle is gonna break off.
Bail or no Bail that is the question.
“Rep. Henry Cuellar (D-Texas) was carjacked at gunpoint Monday outside his Washington, DC, apartment building, according to his office.
The 68-year-old south Texas lawmaker was unharmed during the incident in DC’s trendy Navy Yard neighborhood at approximately 9:32 p.m., according to DC’s Metropolitan Police Department.
“As Congressman Cuellar was parking his car this evening, 3 armed assailants approached the Congressman and stole his vehicle,” Cuellar’s Chief of Staff Jacob Hochberg told The Post.”
“Cuellar was reportedly outside “a dorm building in which dozens” of House members live, according to Axios reporter Andrew Solender, who cited a group chat used by the lawmakers that occupy the building.
Three men reportedly held guns to Cuellar’s head as they took his phone and vehicle, which was parked on the street, according to the group chat.
An MPD crime alert of the incident says police are on the lookout for “ three black males wearing all black clothing” that made off with the congressman’s white Honda CHR with Texas tags.
The alert warns the public to “not take action” but instead call 911 if the vehicle or suspects are spotted.
Capitol Police told The Post that the armed carjacking is being investigated by DC police and USCP investigators.
“Injuries were not reported. Detectives are working to track down the suspects,” a spokesperson for USCP said.
The incident is the latest in series of violent crimes in the District this year that have affected members of Congress or their staff.
The 68-year-old south Texas lawmaker was unharmed during the incident in DC’s trendy Navy Yard neighborhood”
Juice,
Bail or no Bail that is the question.
They were shopping without money. It’s the newest trend. The carts are now locked up in the back room of stores. Ask for a cart and the $800 or less free goods voucher. It’s tax free too because, you know, we need to help the puuurr.
Number one lesson. Never fight the Fed. Never fight liquidity when it is loosening or when it is tightening.
Juice Box says:
October 3, 2023 at 7:59 am
Again to reiterate the markets are now bluffing the FOMC too. Never fight the Fed, this generation will learn one way or the other.
Tightening? The Feds balance sheet is still higher than it was in June 2021 and 4T higher than Feb 2020. No one asks or cares anymore.
NYC is in major trouble. A large portion tax base is fleeing for the suburbs of NY, NJ and CT. DeBlasio started with the suicide mission and Adams is continuing it. The national competition for worst city mayor continues.
It’s tightening….why there will be a credit even sooner or later…could happen any day now.
Bystander says:
October 3, 2023 at 8:59 am
Tightening? The Feds balance sheet is still higher than it was in June 2021 and 4T higher than Feb 2020. No one asks or cares anymore.
Bystander: 8 mortgage rates on the way. The younger generations screwed again.
MBS – 2,488,175 Trillion
UST – 4,959,046 Trillion
The Fed’s balance sheet has shrunk as it rolls off maturing debt over the last year or so as they are not buying new UST and MBS. They aren’t selling they are just rolling it off and important distinction. If they were to example attempt any kind of selling well there would be “temporary losses” and people might not find that acceptable and all.
However, engaging in QT is to free up capacity for a future QE. Remember they believe that if they kept buying net new the fear is they might run out of Treasuries to purchase. Hahahahaha!
Remember the Fed’s balance sheet in 2009?
BRT – We don’t call it fleeing. We call it nesting, creating optimal conditions for offspring to flourish.
BRT – re: 2009. Ben Bernake is still alive. He already wrote his books spiking the ball. As I mentioned here many times here over the years until the cows come home or we are all dead.
Yup…just cycles.
Juice Box says:
October 3, 2023 at 9:15 am
BRT – re: 2009. Ben Bernake is still alive. He already wrote his books spiking the ball. As I mentioned here many times here over the years until the cows come home or we are all dead.
3b,
Bystander: 8 mortgage rates on the way. The younger generations screwed again.
We’re swimming in wealth. House tour guides have told me and even on this blog we’ve read that the economy is sizzling hot. Concert tickets, handbags, flights to everywhere…. stop being so negative! You know 30 yr. rates would have to go above 10% before it becomes a topic of discussion. The youngsters are graduating with 6-digit salary offers!!
Chi,
I’m thinking about buying Muni bonds. Looks like taxable equivalent yield of 5% to 7% are findable for investment grade muni bonds.
As a non NJ resident, I can buy any of them.
Buy a muni bond fund, or start picking them up myself?
Fast: Sorry, you are right, what was I thinking. It’s all great! Spend money! Don’t worry about making more, just charge it!!
Juice,
No expert on QT but it seems like there are no experts as experimental. Reading article, it seems 2.5T reduction has effect of 1/2 pt raise increase. Not even halfway there to 2.5t
3b,
Plastic is your friend. It’s the sign of a robust economy. Visa, Master and AMEX are competing for unique designs on their credit cards. It’s their form of NFTs. No two are alike! They’ll be a ‘small’ fee to purchase the card of course but you’ll be the envy of friends and family as they remove their $500 sunglasses to gaze at its beauty!
Pumps – re: Cycles – This time is no different than the last downturn. Nobody I have spoken with in the last month or so wants to actually be in NYC for work. It’s lost it’s Mojo.
I am not focused on that all at anyway. It’s AI everyone should be worried about. There are enough Grim types in the world building Death Stars in their vertical right now but when it gets down to people like me getting involved there will be no stone unturned. It’s all about workflow and repetition. Eventually, the AI will learn the sequences of all tasks, actions, and decisions that you (a person) perform to achieve a specific goal, such as creating a report, processing an order, or managing a project or teaching a subject. It’s only a matter of time.
We are all doomed, however luckily for me I am a people person.
https://www.youtube.com/watch?v=hNuu9CpdjIo
Some kids in their 20s are loving living and working in NYC, though most that I know of are getting mommy and daddy to supplement their cost of living there. They can go to all the trendy instagrammable restaurants and bars! All fun and games until a homeless bum literally urinates on them on the subway or chases them down the street at night.
On the other hand I heard about a recent graduate who gained 30lb in a couple years working in NYC, at her desk till midnight as a junior investment banker then desperately working out at the gym in between work and sleep. At first she was loving living her dream, but it was CS, already jumped with her team to TD I think, still gaining weight sitting behind a keyboard day and night.
No One. I tend to buy my fixed income in tax-deferred accounts, so I am no pro here. That said, I like individual bonds due to the level of control you can exert and also the finite math involved. If you are buying in the secondary market, make sure you are parsing the tax-free income versus the taxable portion of the return. I assume you are buying plenty of stuff at a discount so be clear as it accretes to par. Also, buy yield to call at all times. Also, be careful of downgrades.
All that said, don’t get fixated on taxes. You are already in FL, so UST is pretty damned good, also, I’ve heard that there has been too much demand driven action, so muni vs taxable spread is much less than it should be. Why not use you own expertise and be creative?
Example. Credit Suisse is a wholly owned sub of UBS. The Swiss govt backstopped the purchase the way JPM bought Bear Stearns. However, after several months UBS waived the govt help. Probably in the interest of limiting future interference. All that said, CS bonds trade way wide of the affirmed agency rating and spreads of UBS. That is some juicy stuff for 12-24 months.
Bystander – re: “Not even halfway”
Sell to whom? They cannot sell it will never be sold. The only thing they can do is make some room for the next panic.
MBS only comes off the balance sheet via monthly payments and when mortgages are paid off. Slow process especially when sales and refinance is dead so nobody is selling and paying off their old mortgages now.
Feds hold tons of UST and will forever with rates the way they are. Again they cannot sell that either without the losses. It would create a worldwide confidence crisis, besides there would be no market overnight perhaps if they announced any kind of future sale. Everyone would be rushing for the doors.
Nothing to worry about. It’s all man behind the curtain stuff. Don’t look if you don’t want to know.
Chi,
Analysts running amok with fantasies about weight loss drugs now. Reminds me of about 5 years ago when analysts and consultants were talking about how by 2023 we’d all be abandoning personal car ownership and instead riding around in fleets of automated electric cars. That jackass Adam Jonas of MS was the worst, a wannabe Blodget 2.0 fortune teller, talking about how the autonomous electric hovercraft fleets of 2035 would be disrupting the autonomous electric car fleets of 2025.
My younger sister fled Portland Oregon for a suburb nearby. She spent 10 years there, became a full fledged West Coast Lefty. But the nonsense bled out into that suburb, now she’s living in Whiting NJ. I’m going to enjoy watching her move back to the center, as there is no longer an edible and mushroom shop around the corner for her.
My older sister has been in NYC since 98, has a job there, so does her soon to be hubby. They are finally planning on moving to a suburb in NY. They refuse to admit it’s bad, but deep down inside, there’s a reason behind them wanting to leave.
The city is totally fvcked. It has been. As it continues to hollow out and businesses and productive people there will be far less demand for service workers. One of the many negative feedback loops. Antibody with common sense has already made an escape plan.
So sad too, the White progressives ego control the democrat party don’t have to deal with any of it. They mostly live in leafy suburbs and send their kids to private schools.
They refuse to admit it’s bad, but deep down inside, there’s a reason behind them wanting to leave.
A committee needs to formed and funded by serious tax dollars to determine how to end the spreading of misinformation perpetrated by the intolerant zealots on the right. Schools also need to be funded with more federal dollars to enlist experts and consultants on the proper way to introduce procedures on communal cooperation, gender disparity and criminal compassion. After all, it’s for our children’s benefit! I do believe the ‘Compassion for Criminals” Act has been presented to Congress. Democrats are just trying to figure out how to inject other projects into the bill.
Where is Michael Bloomberg at to speak out against any of it. To see all of the progress he made undone in such a short amount of time must be humiliating. I guess he backed himself into a corner with his TDS inspired crusade.
Bloomberg has moved on. He now runs the Defense Innovation Board which is an advisory board set up in 2016 to bring the technological innovation and best practices of Silicon Valley to the U.S. Military.
Skynet is coming..
https://innovation.defense.gov/Members/
Apparently he has spoken out but it was suppressed. Only the post covered it.
I know younger people living in NYC, they love it, for now, but most have no interest in going into the office unless they have to.
Scratching my annual visit to Philly Winter Market off the bucket list this year. Between the looting of center city for the 3rd/4th time and watching a dirt bike gang banger stomp out a windshield with a kid in a car then pull a gun on a mother in front of city hall, right where the market is, there’s better places to go. Maybe just take the kids to New Hope.
Fast: Thank you for keeping me grounded.
On the bail tip.
I thought that bail was meant to make you show up in court to get your bail money back, whether you win or lose the case.
Since the average criminal brother man (or poor white trash) has nothing of value to post bail, then there is no incentive for him to show up in court nor stop committing additional crimes. He’s got no skin in the game. I do understand that bail is unfair because of this. So here is my bail reform solution. If you commit another crime after an indictment, you are automatically found guilty of both crimes and are penalized with the max sentence (fuck the right to a fair trial/you can not behave like a citizen so you lose your rights). If you don’t show up in court for your initial trial and don’t commit a second crime, max sentence. If you do show up in court, the typical leniency will still be offered. No more bail.
Looks like one more interest rate hike. What did I say? One more and done, or done now?
Chicago,
Ten 475
Looks like one more interest rate hike. What did I say? One more and done, or done now?
Concert tickets… $1,000! Car payments… $1,000! Everyone’s making 6-digits! Hike into Q4 of 2024 and see if the muppets slow down! Then again, why should we? Party on, dude!
I don’t want to go to work daddy (entitled child crying voice)!! It’s not fair. I want to stay home and make six figures!! Why daddy?!!! Why?!!!
3b says:
October 3, 2023 at 10:41 am
I know younger people living in NYC, they love it, for now, but most have no interest in going into the office unless they have to.
Fast: $1,000.00 for concert tickets who cares make it $2,000 . Keep hiking, but nothi ng will slow this down.
LIB – No bail means no Dog the bounty hunter. Who is going to chase all these folks? The local sheriff? Lol
Ed: Ten touched 479; JOLTS ????
3b,
I see they built this thing called “The Sphere” in Las Vegas for $3.2 billion. Bread and circuses for the masses! No form of entertainment is too small to attract the muppets!
Ed: ? It’s been around 300 years.
https://www.youtube.com/watch?v=EDMMJFjNnoI
Fast Eddie says:
October 3, 2023 at 12:31 pm
3b,
I see they built this thing called “The Sphere” in Las Vegas for $3.2 billion. Bread and circuses for the masses! No form of entertainment is too small to attract the muppets!
Student loan payment or concert ticket? Easy choice.
The sphere is some cool shit. I’m not sure how we survived without one?
https://www.tiktok.com/@vegasissues/video/7253227646388047150
8% dead ahead
One more.
https://youtu.be/1Uzm2VpLqp0?si=-Ym4kn5gv4-Y68Vz
Grim: Last time mortgage rates were 8.00 was 2000 or so.
Sphere cost less than the Fed is now losing every week or so in the reverse repo market. No worries it only increases the deficit.
A friend of mine is going to see U2 there in that thing in a few weeks, and video from the first shows etc showing everything lit up on the inside is super cool as well.
From now on I will no longer be ExEx….but rather ExLax.
I think it fits .
12:53 …tickets are about $900 each.
Looks amazing though. Even though Bono is less cool today to the younger set.
I worship at the feet of the Edge. Guitar effects maestro.
I didn’t realize the Sphere is right behind the Venetian. I was just over there for a conference a few years ago. Slightly off the beaten path location.
Kind of in between the LV conference center and the Venetian Conference Center. I’m sure the goal is for eventual keynotes and conference related presentations as a draw. Imagine the advertising potential on both the inside and outside.
3b
We bought a townhouse in 2000 with an 8 5/8 mortgage with 10% down. It was a few hundred a month cheaper than renting a 2 bedroom apartment.
We bought a townhouse in 2000 with an 8 5/8 mortgage with 10% down. It was a few hundred a month cheaper than renting a 2 bedroom apartment.
In 2023, rent and mortgage for a 2 bedroom joint is running neck and neck. The difference here is you need to put 20% down to purchase. No bargains anywhere because we’re all bleeding wealth.
Hold: That was a reasonable rate, with houses still in the 200k range, and much lower property taxes.
Ten almost hit 481
Travis Bickle diagnosed NYC pretty well.
Check out his prescription for it at the one minute mark:
https://www.youtube.com/watch?v=LvtFcK8BaY8&t=9s
Ten 481
BREAKING
Speaker Vote
McCarthy on Track for Removal After Losing Effort to Stop Right-Wing Ouster
The House vote eliminated what had been Kevin McCarthy’s best hope of remaining speaker. He could keep his job if a majority of lawmakers vote to help him, but the early ballot was not promising.
Stable at least try already…..
McCarthy on Track for Removal by the Democrats.
218 opposed and 208 in favor, meaning Gaetz can proceed with his challenge. Eleven Republicans lined up against McCarthy, along with all Democrats.
14 minutes ago
Catie Edmondson
One through-line in the speeches in favor of McCarthy today: Republicans control only one wing of government — the House — and they are using it to eat each other alive
I actually watched Gaetz on CNN the other day with Tapper. He was on point about broken promises made when they voted in McCarthy earlier in the year. There has been zero discussions about reining in deficit spending. They were warned by Powell and his predecessor Bernanke to cut spending over and over.
Wait until Congress finds out the Fed has no more bullets left. The next crisis is around the corner. We don’t feel it too hard here but inflation is insane-o in many OECD, EU and G20 member states.
HMB – Was it cheaper all in including property taxes?
Yeah. I’ll give the left credit. They will sell out the country if that’s what it takes to maintain solidarity. Hochul mentioned the open border Sunday and they straightened her out real quick.
Great another Zoonotic virus is coming because we did not chop down all the 5G towers. This one is full-on zombie apocalypse too, and I never got to see the Sphere and U2….dammit….
Where do people get this stuff from anyway? I thought chopping down 5 G towers was some kind of tick tock challenge isolated to England back during the early days of Covid.
If You did not know. The President is texting you tommorrow, hopefully, he will not be selling extended car warranty insurance.
https://www.npr.org/2023/10/03/1202900361/a-nationwide-emergency-alert-test-is-coming-to-your-phone-on-wednesday
LIVE
Updated
ET1 minute ago
1 minute ago
Speaker Vote
Far-Right G.O.P. Faction Throws House Into Chaos as McCarthy Is Ousted
The vote orchestrated by a group of far-right lawmakers leaves the House without leadership. The speaker was unable to manage a bitter power struggle within the Republican Party.
grim says:
October 3, 2023 at 7:52 am
Good time to buy bonds?
Good time to buy guns.
216 to 210 vote cool Democrats might even shoot off automatic weapons with popping Dom Perignon tonight.
8 republican
Andy Biggs of Arizona, Ken Buck of Colorado, Tim Burchett of Tennessee, Eli Crane of Arizona, Matt Gaetz of Florida, Bob Good of Virginia, Nancy Mace of South Carolina and Matt Rosendale of Montana.
Curious do you think market will drop another 500 tomorrow , or a lot worse?
October can be a very volatile month, debt, government, inflation, Ukraine war, crooked politicians….is a bloodbath inevitable?
It really is amazing how damn good Republicans are at taking out their Republican Speakers.
Newt Gingrich
John Boehner
Paul Ryan
and now Kevin McCarthy
Remember, Republicans did this to themselves. It reflects a lack of governing philosophy and the temperament to hold power.
@MichaelSteele
Again celebrations are in order, First House Speaker to be Ousted in U.S. History.
Could you imagine democrats jumping out of line and expressing their individual ideas or feelings? Oh God, no. They’re given their marching orders the moment they’re sworn in; try to challenge the syndicate and you’ll pay dearly.
I liked Hunter Biden’s clean shaven look. They did drug test him, apprently today at court? So I gather no older hair samples were available. I’d say just being in the same room with his CA lawyer will get you high.
Boomer
PITI was under $1, 200 when we bought it and our 2 bedroom apartment was $1,400.
Nice try, Gary. Republicans did this to themselves. Democrats didn’t force McCarthy to go 15 rounds and then agree to empower 1 member to oust him from the Speakership. That was the Republican Majority which allowed that to happen. But for 8 Republicans he’d still be Speaker.
Pay your fair share.
https://nypost.com/2023/10/03/aoc-socialists-target-nys-top-5-with-tax-hikes-households-making-more-than-250k-would-be-hit-analysis/
More people will leave New York if this tax increase goal happens. And then new York’s budget will get worse. Did AOC ever attend her economic classes?
Democrats who despise Trump with a passion, had a great opportunity to keep McCarthy in his position of speaker, all of them voted him out. Now they can watch as a Trump supporter Matt Gaetz gets in and slams the door on Ukraine aid among other cuts.
Actions have consequences , Democrats ( who crossed party lines to help McCarthy pass a temporary budget approval) will now suffer along with the rest of us when Government shuts down. Pray for some type of partisan partnership, or our country will sink even lower.
It’s never so simple there is a succession list for Speaker. Apparently Rep. Patrick McHenry, R-N.C. is next. Vote will probably take longer than we think. Speaker pro tempore until the election of a Speaker or a Speaker pro tempore etc.
INteresting. 700 car jackings in DC this year so far more than double all of last year..
Gripping account from the Congressman. He is a Ninja…
Rep. Henry Cuellar offered his firsthand account Tuesday after he was carjacked at gunpoint Monday night.
“I was just coming into my place. Three guys came out of nowhere and they pointed guns at me. I do have a black belt, but I recognize when you got three, three guns — I looked at one with a gun and another with a gun, a third one behind me — So they said they wanted my car. I said, ‘Sure.’ You’ve got to keep calm under those situations. And then they took off,” Cuellar told reporters Tuesday morning on Capitol Hill.
I can’t wait to see any video if it exists, did the 68-year-old congressman with jet-black hair square up?
Around, he fukced
Find out, he did
Yoda
Jim,
You can’t be this big of a dope. Gaetz will get nothing. He will not get votes with crazy agenda. Just like like Orange dumbkopf who vainly had the “greatest and longest shutdown ever”. See what happens when service men and women don’t get paid.
Short positions in US Treasuries hit the highest levels EVER. And ever is a long time.
This is setting the stage for vicious rally if a waterfall short-covering rally occurs.
Mc Carthy says he will not run again.
Bystander says:
October 3, 2023 at 7:46 pm
Jim,
You can’t be this big of a dope.
Hope your right, I am sure there are other Trump supporters. Never in my 70 plus years have I seen this country in such bad shape. Nothing is sacred.
Short positions in US Treasuries.
Pumps synthetic is where you should look to make a quick buck,,,
TTT will be radioactive quickly. May have already decayed.
https://finance.yahoo.com/quote/TTT/
8:02 sounds like it might not be an issue too too much longer.
Booomer
lol… black belt in Karate. Fancy useless kicks.
Bystander says:
October 3, 2023 at 7:46 pm
“Jim, You can’t be this big of a dope…See what happens when service men and women don’t get paid”
But you and the rest of the Dem stooges certainly can be. As has happened previously, either the shut down will start and end between pay dates, or legislation will be passed to designate service members as ‘essential’ or ‘excepted’.
“Gaetz will get nothing. He will not get votes with crazy agenda.”
This is where you stooges, especially those that masquerade as centrists, show yourselves to be hypocrites, claiming the R’s are the same as the D’s when it comes to spending. Gaetz’s ‘crazy’ agenda is specifically focused on trying to put an end to runaway government spending. He probably won’t succeed, but that’s because Dem dopes like you vote for fire alarm-pulling idiots like Jamaal Bowman.
SGC comes running to defend every time something thoroughly embarrassing happens with his dopey party. Like clockwork
” designate service members as ‘essential’ or ‘excepted’”
So Gaetz will work with the Dems? Priceless. I though he was against it.
“Gaetz’s ‘crazy’ agenda is specifically focused on trying to put an end to runaway government spending.”
Always when a D in office, again like clockwork..then when R comes, MIC spending increases exponentially while tax rev goes down, putting more on credit card. You are fooling no one with fiscal conservatism schtick.
Freedumb Cock#ss wants to ban abortion, defund FBI..sure what agenda.
Juice Box says:
October 3, 2023 at 8:06 pm
Short positions in US Treasuries.
Pumps synthetic is where you should look to make a quick buck,,,
TTT will be radioactive quickly. May have already decayed
Your answer
https://m.youtube.com/watch?v=jEzW4AoqKrg&pp=ygUUcmFkaW9hY3RpdmUgdGhlIGZpcm0%3D