Finally slowing?

From CNBC:

Home prices began to cool in November after nine straight months of gains, S&P Case-Shiller says

Home prices in November fell 0.2% from October, according to the S&P CoreLogic Case-Shiller national home price index.

While that may not seem like a lot, it is the first monthly drop since January 2023. Mortgage rates rose sharply in October to their highest level in more than 20 years, making houses hard to afford.

Seattle and San Francisco reported the largest monthly price declines, falling 1.4% and 1.3%, respectively. Meanwhile, six cities registered a new all-time high in November. Those were Miami; Tampa, Florida; Atlanta; Charlotte, North Carolina; New York; and Cleveland.

Prices nationally were still higher than the year before, and those annual gains increased again relative to the prior month. They rose 5.1% from November 2022, up from a 4.7% annual increase in October. The 10-city composite climbed 6.2%, up from a 5.7% advance in October. The 20-city composite rose 5.4%, up from a 4.9% increase in the previous month.

“The house price decline came at a time where mortgage rates peaked, with the average Freddie Mac 30-year fixed rate mortgage nearing 8%, according to Federal Reserve data,” said Brian Luke, head of commodities, real and digital assets at S&P DJI. “The rate has since fallen over 1%, which could support further annual gains in home prices.”

For the second straight month, Detroit reported the highest year-over-year gain among the 20 cities. Prices rose 8.2% in November, followed again by San Diego with an 8% increase.

Portland, Oregon, was the only city showing prices lower from the prior year, down 0.7%, compared with November 2022.

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

124 Responses to Finally slowing?

  1. Hold my beer says:

    First

  2. grim says:

    That’s some kind of dedication right there.

  3. Fast Eddie says:

    Home prices began to cool in November after nine straight months of gains, S&P Case-Shiller says.

    Not here. Purchase your wrist band for a place in the open house line. Serious inquiries only, please. Provide proof of financial approval at the time of showing or security will ask you to leave.

  4. Fast Eddie says:

    Portland, Oregon, was the only city showing prices lower from the prior year, down 0.7%, compared with November 2022.

    Do I need to explain?

  5. Fast Eddie says:

    A tidy dwelling in a leafy town but do understand when you purchase, approval for 1,500 apartments will undoubtedly be stuffed into a once-beloved green expanse:

    https://www.trulia.com/home/92-elbrook-dr-allendale-nj-07401-37846733

  6. 3b says:

    Fast: Fast depending on the town, potential buyers should also provide education credentials too. You don’t want some blue collar plumber guy who may be prone to ass crack moving in to the town. And potential buyers have to agree in writing that under no circumstances will they install an outside clothes line.

  7. Fast Eddie says:

    When I bought my current abode, the 1st thing I did after the closing was to grab a tool box and rip up all the rugs in the house to expose oak flooring. Then I called the floor guy and had him do the stairs, floors, etc. before one item entered the joint. This house below reminded me of it when I saw the rugs:

    https://www.trulia.com/home/66-hillside-ave-allendale-nj-07401-37847480

  8. Fast Eddie says:

    You don’t want some blue collar plumber guy who may be prone to ass crack moving in to the town.

    I once had a house guide tell me that “this town expects a certain kind of buyer.” Either the overweight Karen meant color or status, I wasn’t sure which one.

  9. Chicago says:

    Jobs come 353,000 WTF?

  10. Chicago says:

    Revisions higher too

    Hot hot hot

  11. Chicago says:

    Ten 395

  12. Very Stable Genius says:

    Wow. Massive jobs number. Upside surprise on wage growth. Yields up up and away

  13. Very Stable Genius says:

    Typical, Democrats always doing a great job with the economy.

  14. Hold my beer says:

    The last summer we lived in Livingston the town pool clientele went from SAHM trophy wives to obese heavily tattooed women. I think a new private pool club opened in the area.

  15. Libturd says:

    I’ve rewritten the description on Gary’s 66 Hillside.

    Looking for a prize home that has all the modern accoutrements? Stop your car (and the clock) for this one-of-a-kind Bergen County gem. Nothing spells envy like four rare sinks. One is deep purple. One is the greenest of greens. One has the modern elasticized sink curtain hiding the pipes. And most peculiar, one is being used for CD and picture storage. Then there’s the leaded stained glass hanging lamp in a bedroom. How brilliantly quirky! Don’t pass by the ceiling fan with the poor man’s energy star (one working bulb out of four). Though, be careful not to drop the soap in that shower as you might just smash your head into the designer’s sloped ceiling. Wallpaper is making a comeback, but this home is way ahead of the curve. Just when you were concerned a wall might be painted? If you open your eyes fully, you’ll be treated by the minimum of a glued wallpaper border design. And who else doesn’t love heart carve outs in your solid wood railings? Now what is that above the microwave? Looks like a cock warmer is thrown in on the deal. And storage? Besides the CD sink, this owner thoughtfully placed wooden storage shelves right up against the ceiling in the kitchen. You’ll never be sick of eating alone. Just reach up, grab a Hemingway and you’ll be dining with Santiago or perhaps an Italian ambulance driver. And that’s not all. The rear decking is preweathered and the driveway has lots of cracks in it to provide extra grip for your Edsel. The owner has requested none of the rare rugs be removed.

  16. Fast Eddie says:

    I have two friends laid off in the last few months. One was in accounting for a pharmaceutical firm and the other in network/data center/infrastructure connectivity. They’re both looking now. I haven’t seen the area of growth in these job numbers, need to take a look.

  17. Libturd says:

    That jobs report killed what was going to be an amazing market day. It might still be, but for now, the street thinks Powell is going to see his shadow here and wait another 6 months before making interest rate cuts.

  18. The Great Pumpkin says:

    Serious question…why do you hate professionalism? Pretty sad, imho. Coming in to work….dressing the part…..playing the part….this is professionalism. These are the people I want to hire and the people I want to work with. Hope your doctor shows up in sweats for your next surgery.

    3b says:
    February 1, 2024 at 5:01 pm
    Lib: That is impressed. If you all had worn suits at home your company could have done even better!

  19. The Great Pumpkin says:

    I always wear a shirt and tie. Sometimes I wear the teacher sport jacket. I have respect for myself and my profession. I am a professional. The teachers that underdress are f/ing losers. They have no respect for themselves and they have no respect for the profession.

    Our society is only as strong as the individuals. Right now, chit needs to change in our society. We need to bring back professionalism. This sweat pant wearing bs needs to end for the sake of having standards in our future society.

    Hold my beer says:
    February 1, 2024 at 6:33 pm
    Pumps

    Don’t wear a suit and tie or a jacket and tie to teach?

  20. The Great Pumpkin says:

    Ouch. God bless the stock market….no soft landing coming. This chit is heating up again. I just wonder where the jobs are. White collar laying off big time.

    Very Stable Genius says:
    February 2, 2024 at 8:35 am
    Wow. Massive jobs number. Upside surprise on wage growth. Yields up up and away

  21. Fast Eddie says:

    Joe, JOE. Jesus H. Christ JOE!!!

    What time is it?

    The jobs report looks strong.

    Bob is wearing a thong?

    Omg… will someone get him a bib, half his oatmeal is in his lap. Sigh…

  22. Libturd says:

    Judging someone by what they wear is sophomoric and shallow. It reeks of a lifetime Maxim subscription, or Men’s Health Now. I believe people should be judged by the actions they perform. Certainly, more than their ability to mimic the rest of the school of fish or flock of Canadian geese.

    I am not a fancy dresser. It’s a complete waste of money. Sure I own a suit for weddings and funerals. Heck, I once owned a tuxedo. Again, I was never comfortable in it as it said to me, “Stu, you are a fool for trying to imitate James Bond.”

    I have always strived to be the hardest working person wherever I’ve been employed. This has always opened the path for me to obtain leadership roles. This had nothing to do with my fashion sense.

  23. Very Stable Genius says:

    Just now
    January Jobs Report
    U.S. Job Growth Surges
    The labor market added 353,000 jobs in January, far more than expected, in a sign that economic growth remains vigorous.

  24. 3b says:

    Lib: Foolish again on the Feds part last year indicating rate cuts to come, and then plotting out many expected cuts over the course of the year. It’s understandable the market would become exuberant. Then since the start of the year it’s been the Fed dialing back expectations of cuts early in the year; this Powell confirmed this past Wednesday. He should just say nothing.

  25. Hold my beer says:

    Pumps

    I’m working from home right now in my pjs. Not even wearing socks .

  26. Chicago says:

    Ten 400.5

  27. 3b says:

    Lib: Suits have their place today as you noted , but as part of the everyday in the office or at home routine no. It’s simply not necessary. Suits have been in decline since the 90s with the start of casual Fridays in the summer, and then it grew from there.

    Today suits May still be required for client meetings etc; employees should know when it’s necessary. Otherwise for men dress pants , collar shirt , and shined shoes should be the norm if one is in the office. And of course personal grooming, shower, deodorant, brush your teeth, comb your hair.

  28. Libturd says:

    I’ve got my nipples exposed.

  29. Libturd says:

    You all see Amazon and Meta earnings yesterday?

    This market has Buster Poindexter written all over it.

  30. Fast Eddie says:

    I am not a fancy dresser. It’s a complete waste of money.

    You just insulted ‘Very Stable Genius’. (S)he’s rocking it right now in an Ermenegildo Zegna suit working big coin maneuvers followed by dinner at Caravaggio!!

  31. Libturd says:

    “Caravaggio!!”

    Isn’t that raw meat?

  32. Hold my beer says:

    3b

    How can you comb your hair if you’re bald? Does having hair make one privileged?

  33. Juice Box says:

    First bot is cheating.

  34. 3b says:

    Hold: My apologies, for making you feel excluded!

  35. TraitorJoe says:

    A layoff could be a blessing in disguise for a few. Lots of open jobs and high inflation. If you haven’t changed jobs in the last four years you’ve lost ground.

    Last year our credit card spending went over 50k for the first time mostly groceries, gas and clothes. That’s the economic reality for most people.

  36. Hold my beer says:

    3b

    I was asking for those who are follicley challenged

    I’m in the privileged class on this topic.

  37. 3b says:

    Traitor: 50K??!!

  38. 3b says:

    Hold: Sorry, not sure what the hygiene requirements for bald would be . I will change it to hair grooming if applicable.

  39. Hold my beer says:

    Juice

    Not cheating. Just working hard. Plus awakened by a cat

  40. TraitorJoe says:

    Slightly over 4/mo. I’m sure some are much higher. But that number is mostly non discretionary, food, clothing and energy. Propagandists and elitists no matter how many McJobs are out there.

  41. TraitorJoe says:

    …don’t get it…

  42. Juice Box says:

    IBM stealth layoff.

    “Executives and managers will now be expected to be in-person at least three days a week, and remote workers living more than 50 miles from an office have until August to relocate closer.”

    “The return-to-work push is complicated by the company’s efforts in recent years to shed real estate.

    A number of IBM offices have shuttered since the pandemic, putting some remote workers in a position where they may be forced to move large distances in order to keep their employment. Closed offices include Philadelphia, central New York State and Iowa.

    The consulting firm says workers that do not comply have to “separate from IBM” and that badge-in data will be used to track office attendance and confirm compliance with the new policy.”

    I know several people there who have no office including one who used to show up at the now closed Philly office for the annual Christmas party lol.. They were on the road all week long before Covid and now allot of Zoom with better work life balance.

  43. Juice Box says:

    BTW F-IBM.

    Their move to kneecap CentOS and force companies to pay for Red Hat is a real dick move, the kind Larry Ellison used to do.. We are most likely going to Amazon Linux 2023 most likely…..

  44. Very Stable Genius says:

    Hottest economy with lowest unemployment in the world, and Maga complaining about unemployment and credit card debt.

    Time to pull yourself by the bootstraps. Waiting for trumps handouts is not the solution

  45. TraitorJoe says:

    I’m doing fine dummy.

    The poll numbers have improved since Biden adopted the maga energy plan which has brought down inflation.

    The problem for him is it will disenfranchise the climate alarmists and we’ll kill the green economy. Tesla is toast.

  46. jim says:

    Very Stable Genius says:
    February 2, 2024 at 10:26 am
    Hottest economy with lowest unemployment in the world, and Maga complaining about unemployment and credit card debt.

    Time to pull yourself by the bootstraps. Waiting for trumps handouts is not the solution

    Highest inflation ever, food up 33% in less than 3 years, immigrants running wild and being treated better than our own citizens, two major wars while Joe is trying to start a third with Iran who is weeks away from having a special nuclear bomb, corrupt president who has used his influence to financially help himself and family, crime running crazy, social security getting ready to take a 25% cut because of Joe’s high inflation. Yea things are great if you don’t mind a time bomb getting ready to blow . Can you really be that gullible????

  47. 3b says:

    Governor Hochul of NY wants the migrants who attacked the NYC cops last night to be deported. I would think everyone would agree with that, but I would be wrong.

  48. TraitorJoe says:

    Those are features not bugs for leftists. They yearn for a third world society here and subservience to the globalists. Things are just dandy.

  49. Libturd says:

    MAGA strategy is the oldest in the books. Repeat lies over and over again until people start believing them.

    Sure, he won the election. The 60 trials, many overseen by Trump appointed judges proved there was no widespread fraud. Ask the average MAGA supporter and they will tell you otherwise. And this is supposedly the party of the Constitution. Except when it comes to abiding by it. And Freedom? Unless you are a woman or an immigrant.

    Inflation too. Biden didn’t cause inflation. It started with Trump brow beating the FED into cutting rates and was further exacerbated by his Covid giveaways. His corporate tax breaks didn’t help things either and ended up being quite costly. But ask a MAGA supporter and inflation was all Biden’s fault, when in actuality, he should be praised for getting it under control (or at least the FED should be). Again, Trump keeps repeating this lie. Over and over and over. And his flunkies all believe it.

    I’ve always said the Democrats are corrupt and in it for themselves as are most politicians of any color. And it will always be the lesser of two evils. But Trump has done more damage to our government and its inability to function than anyone before him. His lack of couth and arrogance has permeated through the rest of the electorate. His absent-minded and oft, uneducated supporters in the capital drool over his every word. Heck, Biden just offered some pretty tough border control options (mind blowing to me). But Trump needs to keep the border open now to have any chance at the upcoming election. Though at this point, the hypocrisy is no longer surprising. It’s expected.

    Honestly, I’m not sure our country will survive another four years of his lies and mostly failed policies. Especially his shallow position of isolationism. It’s one thing to drain the swamp. It’s another to fill it with lobotomized lackeys who get felt up in movie theatres.

    I can’t wait to hear the responses from the MAGA clowns here. Yeah. I’m deranged. I know. Kindergarten level of name calling incoming. And yes, I am embarrassed to be a registered Republican these days. You think this comment is vitriolic? You should see the emails I receive from Ted Cruz, Ron DeSantis, etc. They are still attacking Obama. I kid you not. I guess there’s not a lot to go after Biden on besides his age (which is tough when Trump is barely younger).

  50. Chicago says:

    Ten 404

  51. Libturd says:

    Two major wars. Ha. And Biden started both of them? Interesting. As for the immigration. Why did Trump just tell his cronies in Congress to reject Biden’s recent bill.

    Trump told a crowd in Nevada that a lot of senators are trying to blame him for stymieing the talks. His response is: “That’s okay. Please blame it on me. Please.”

    The Wall Street Journal Editorial Board, however, has warned that “giving up on a border security bill would be a self-inflicted GOP wound,” giving President Biden evidence to say that “Republicans want border chaos as an election issue rather than solving the problem.” The editorial contends that while Trump may believe he can strike his own border deal if he wins in November, it is highly unlikely.

    Sen. Lindsay Graham (R-S.C.) sent the same message to House Republicans: “To get this kind of border security without granting a pathway to citizenship is really unheard of … This is a historic moment to reform the border.”

    So many labor shortages. Look at today’s job numbers. Think!

  52. The Great Pumpkin says:

    Are you telling me that you are a loser? Asking for a friend.

    Hold my beer says:
    February 2, 2024 at 9:06 am
    Pumps

    I’m working from home right now in my pjs. Not even wearing socks .

  53. The Great Pumpkin says:

    Chit like this is going to keep coming. You are setting yourself up for misery if you continue to work from home…facts.

    Juice Box says:
    February 2, 2024 at 10:19 am
    IBM stealth layoff.

    “Executives and managers will now be expected to be in-person at least three days a week, and remote workers living more than 50 miles from an office have until August to relocate closer.”

  54. The Great Pumpkin says:

    Says the guy that dresses like a slob…got it.

    Libturd says:
    February 2, 2024 at 9:02 am
    Judging someone by what they wear is sophomoric and shallow. It reeks of a lifetime Maxim subscription, or Men’s Health Now. I believe people should be judged by the actions they perform. Certainly, more than their ability to mimic the rest of the school of fish or flock of Canadian geese.

  55. The Great Pumpkin says:

    You meant that professionalism has been in decline for some time….f;ing losers. Immigrants aren’t the problem, the people with lack of professionalism while expecting to get paid top dollar are.

    3b says:
    February 2, 2024 at 9:11 am
    Lib: Suits have their place today as you noted , but as part of the everyday in the office or at home routine no. It’s simply not necessary. Suits have been in decline since the 90s with the start of casual Fridays in the summer, and then it grew from there.

  56. Libturd says:

    Not like a slob. Though I was once reprimanded for wearing a hockey jersey to work. True story.

  57. The Great Pumpkin says:

    I’m so cool showing up to work for a professional job with sandals and sweat pants. Real winner. Great role model for the next generations. ….but but but it’s comfortable says the lazy f/k.

  58. Libturd says:

    I am all about productivity. When I wear a suit, I can hardly shake hands. My muscular broad shoulders make my jacket feel like it’s going to rip.

  59. 3b says:

    Juice: On IBM , like I said some companies will dump real estate and people, and use return to the office as cover. What IBM employee who lives a hundred miles or more from an office after their regional office was closed is going to uproot their family and move closer to an office, only to be let go shortly after. It has happened multiple times in the past when companies relocate ( Hertz move to Florida). So the employee quits and IBM says it was because they did not want to return to office.

  60. Libturd says:

    I agree 3b. And believe me, productive workers who are generating revenue over their costs will not be terminated. Not unless IBM want to shoot itself in the foot.

  61. BRT says:

    Dress code in teaching went out the window with covid and it’s the least they can do since all the perks of your job now don’t look so good relative to WFH employees. I switched to sneakers and my knees have improved 10 fold. I’ll never go back to dress shoes.

  62. 3b says:

    Lib: There has to be a secure border, both sides to blame for this fiasco. And , I agree the Republicans need to agree to this deal, but it took Biden long enough to really recognize it. As for the current migrants the ones with criminal backgrounds need to be deported, period. We have enough home grown crime, we don’t need more. The arrogance and contempt on those young mens faces when they were being released was shocking.

    As for today’s jobs number and migrants, I think it’s unrealistic to think they all can immediately be put to work in all these open positions.

    Longer term there needs to be a plan, how will they be integrated? Where will they leave, how do we ensure their children are schooled. What happens to them when they get older, social security, Medicare , and Medicaid. I have seen pictures of some of the migrants and they are some older ones, 40 s 50s and older. Will they be able to do more physically demanding jobs . More issues too, but these are reasonable questions on my part, and neither side are addressing these questions.

  63. Boomer Remover says:

    If there’s one thing that we can all agree on, it is that none of us visit this blog to be insulted by someone from Clifton.

  64. 3b says:

    Lib: Yeah , but when you rolled up your sleeves on your muscular arms , and then opened your top button and loosened your tie, you probably looked really hot, and women like that. You can’t get that loud with sweatpants and a sweat shirt.

  65. 3b says:

    Oh and I forgot, the penny loafers with no socks; some actually added 2 real pennies to the loafers to get that just oh so right look.

  66. Phoenix says:

    Juice Box says:
    February 2, 2024 at 10:22 am
    BTW F-IBM.

    Company with a Baaaaaad hx.

  67. Jim says:

    Lib,Inflation too. Biden didn’t cause inflation. It started with Trump brow beating the FED into cutting rates and was further exacerbated by his Covid giveaways. His corporate tax breaks didn’t help things either and ended up being quite costly. But ask a MAGA supporter and inflation was all Biden’s fault, when in actuality, he should be praised for getting it under control (or at least the FED should be).

    Inflation started when Joe decided to stop the oil pipeline, Joe wanted to prove Trump wrong, he went to war with the oil companies and oil skyrocketed. Now inflation is baked in and had nothing to do with Trump…but why let the truth get in your way. Oil is now basically dropping as is inflation. Why would that be??? Joe wised up and opened more oil fields and now produces more oil than Trump ever did. He saw the light a miracle!! I do not want Trump to run or Biden , give me Nikki and maybe we could start caring about our own people. Immigration just may destroy our country. Thanks Joe! Even Hochul has had enough, no jail for anyone beating up our policemen, four of the immigrants have already left the state. Got the first free bus to California.

  68. Bystander says:

    Indian Business Machines? Estimate that 70% of workers are in India. The US managers left would probably car pool together. Just looking for further reasons to offshore more…f-em

    Jobs? If not now when? Lots of people got zero raise yesterday. I got my 5 but zero last yearI talked to some colleagues and drumbeats are bad. My IB seems not to care if people leave. That seems to be MO on street. They will get their wish apparently.

  69. The Great Pumpkin says:

    When are you going to realize that they don’t really want to pay people to WFH. They don’t mind a few…but they don’t want their company to be based on a workforce getting paid 6 figures to sit at home in their sweatpants. They don’t care about the savings…it’s the principle. They feel like they are being taken advantage of, and they are.

    3b says:
    February 2, 2024 at 11:22 am
    Juice: On IBM , like I said some companies will dump real estate and people, and use return to the office as cover. What IBM employee who lives a hundred miles or more from an office after their regional office was closed is going to uproot their family and move closer to an office, only to be let go shortly after. It has happened multiple times in the past when companies relocate ( Hertz move to Florida). So the employee quits and IBM says it was because they did not want to return to office.

  70. Libturd says:

    Listen, I would deport any immigrant that commits a crime. Even minor stuff. Of course I know that it’s incredibly rare as they know they risk deportation. And I’m all for job training and a legal path to citizenship. Half the problem is our lack of processing capability. There is no doubt that 99% of these immigrants are coming here, not for a handout, but for the American dream which is completely unachievable in the poverty stricken country they most likely come from. In many cases, America is behind that poverty. Certainly our drug use and fast food farming is. None the less, I think most of us are in agreement with immigration.

  71. Libturd says:

    “it’s the principle.”

    No it’s not. Another moronic statement.

  72. 3b says:

    Lib: I agree, but I think the criminal element is more than you might think, given the massive amount of people. I struggle with the issue, coming from an immigrant background, but it’s honest, as opposed to those who just say all are welcome no questions asked; as long as it does not impact my way of life.

  73. Juice Box says:

    I wear a nice button down with slacks with men’s dress shoes to the office twice a week. I feel like a dinosaur… Today I am WFH so it’s a nice RL Polo pullover with jeans. I make sure my hair is neat and I am clean shaven.

    BTW I do notice it’s the women who are more dressed up when on Zoom. Their home office in the camera background is immaculate, they all wear nice clothing and full makeup. Nobody likes to look bad on camera especially women. They bring their competition against each other online too.

  74. Very Stable Genius says:

    Too much Fox News has made a group of men a bunch of whiny cry babies.

    Hate doesn’t empower you. It destroys you.

    Libturd says:
    February 2, 2024 at 11:02 am

    MAGA strategy is the oldest in the books. Repeat lies over and over again until people start believing them.

    Sure, he won the election. The 60 trials, many overseen by Trump appointed judges proved there was no widespread fraud. Ask the average MAGA supporter and they will tell you otherwise. And this is supposedly the party of the Constitution. Except when it comes to abiding by it. And Freedom? Unless you are a woman or an immigrant.

    Inflation too. Biden didn’t cause inflation. It started with Trump brow beating the FED into cutting rates and was further exacerbated by his Covid giveaways. His corporate tax breaks didn’t help things either and ended up being quite costly. But ask a MAGA supporter and inflation was all Biden’s fault, when in actuality, he should be praised for getting it under control (or at least the FED should be). Again, Trump keeps repeating this lie. Over and over and over. And his flunkies all believe it.

    I’ve always said the Democrats are corrupt and in it for themselves as are most politicians of any color. And it will always be the lesser of two evils. But Trump has done more damage to our government and its inability to function than anyone before him. His lack of couth and arrogance has permeated through the rest of the electorate. His absent-minded and oft, uneducated supporters in the capital drool over his every word. Heck, Biden just offered some pretty tough border control options (mind blowing to me). But Trump needs to keep the border open now to have any chance at the upcoming election. Though at this point, the hypocrisy is no longer surprising. It’s expected.

    Honestly, I’m not sure our country will survive another four years of his lies and mostly failed policies. Especially his shallow position of isolationism. It’s one thing to drain the swamp. It’s another to fill it with lobotomized lackeys who get felt up in movie theatres.

    I can’t wait to hear the responses from the MAGA clowns here. Yeah. I’m deranged. I know. Kindergarten level of name calling incoming. And yes, I am embarrassed to be a registered Republican these days. You think this comment is vitriolic? You should see the emails I receive from Ted Cruz, Ron DeSantis, etc. They are still attacking Obama. I kid you not. I guess there’s not a lot to go after Biden on besides his age (which is tough when Trump is barely younger).

  75. Very Stable Genius says:

    Look up Samuel Hubbard, comfortable

    BRT says:
    February 2, 2024 at 11:31 am
    Dress code in teaching went out the window with covid and it’s the least they can do since all the perks of your job now don’t look so good relative to WFH employees. I switched to sneakers and my knees have improved 10 fold. I’ll never go back to dress shoes.

  76. The Great Pumpkin says:

    Don’t hate the messenger. Almost every single owner doesn’t like WFH. Musk is brutally honest and gets chit done….there is a reason he hates it and despises it. So keep thinking you know more than musk. The premiere business creator of our time.

    Libturd says:
    February 2, 2024 at 12:04 pm
    “it’s the principle.”

    No it’s not. Another moronic statement.

  77. Hold my beer says:

    Pumps

    Sweatpants? I’m still in my pjs baby.

  78. Juice Box says:

    re: “Inflation too. Biden didn’t cause inflation. It started with Trump..”

    Bad news for sleepy Joe. You can make whatever argument you want about Trump. His voters won’t care anyway. However voters like me sometime have long memories..

    What year did inflation begin? The Modern currency depreciation we now experience continually began in 1971 when the only control against it was removed. Since then Senator Biden (in office 1973-2009), Vice President Biden (in office 2009-2017) and now President Biden (in office 2001 – today) has done nothing to control currency depreciation. Every single time it was brought up he voted for the deficit spending which drives inflation today and the higher taxes needed to pay off that debt.

    There is no other truth or whataboutism for the story of inflation when election day comes. It’s in the History books and he will get an Asterix for it. He did nothing for over 50 years.

  79. The Great Pumpkin says:

    You don’t think that’s pathetic?

    Hold my beer says:
    February 2, 2024 at 12:21 pm
    Pumps

    Sweatpants? I’m still in my pjs baby.

  80. Libturd says:

    I’m in Adidas Three Stripes with slip-on Adidas sneakers and a UF sweatshirt over a white t-shirt. I haven’t shaved since Sunday, but I did get a $45 executive shave then, so it’s barely grown out. I am also down 18 pounds so far in three weeks. I am transforming from Dom Deluise into Don Rickles.

  81. Hold my beer says:

    Pumps

    Pathetic? Nope. It’s empowering.

    Speaking of pathetic how’s your pancake in a can investment doing?

  82. Libturd says:

    Interesting take Juice. Not sure I agree with it in its entirety, but government spending is definitely a contributor. In that case, you would have to thank Obama and Clinton who seemed to actually get a handle on spending in the final years of their second terms.

    And 3b, yes, Biden took quite a while to come up with his immigration reform package. Still, I am surprised by how far we is willing to go.

  83. BRT says:

    https://news.yahoo.com/taylor-swift-could-super-bowl-053604107.html

    Taylor Swift could make it to the Super Bowl from Tokyo. Finding private jet parking, that’s tricky.

    Or you know…you could just fly like a normal person.

  84. Very Stable Genius says:

    Trump doesn’t fly commercial either.

    I highly recommend “The room” on ANA when traveling to Tokyo

    BRT says:
    February 2, 2024 at 12:56 pm

    Taylor Swift could make it to the Super Bowl from Tokyo. Finding private jet parking, that’s tricky.

    Or you know…you could just fly like a normal person.

  85. 3b says:

    Lib: Plus when you WFH, you can go commando. I am not saying one should do that of course but one could if they wanted to.

  86. JUice Box says:

    Lib – re: “Interesting take”

    I am ready for a Sunday morning talk show that nobody watches…

  87. Libturd says:

    Agreed.

    I’m really not knowledgeable enough. I read Tangle and I watch the nightly news for the most part. Nearly everything I say is opinion. My friends from college all think I am a Trump supporter since I’m a registered Republican and fault a lot of Dem politicians. None of them are willing to admit it, but their echo chamber is no different than the one they badmouth constantly.

  88. Fast Eddie says:

    I highly recommend “The room” on ANA when traveling to Tokyo

    No 1st class tickets for you?

  89. Fast Eddie says:

    BREAKING:

    “WASHINGTON – Donald Trump’s March 4 trial date on federal charges he conspired to overturn the 2020 election has disappeared from the D.C. District Court’s calendar, confirming that his fight over whether he is immune to the charges will delay the case.”

  90. Phoenix says:

    Everything is for sale in America.

    The U.S. Is Selling Its Helium. Will Balloons and M.R.I.s Be OK?
    Health care and semiconductor companies urged the White House to delay the auction of the federal helium system in Texas. But last month a private company was named the highest bidder.

  91. JUice Box says:

    re: Special Prosecutor and Trump etc.

    Allot of arguments being made by many in the leagal profession all federal offices must be “established by Law,” and there is no statute authorizing such an office in the DOJ.

  92. Phoenix says:

    Fast Eddie says:
    February 2, 2024 at 1:44 pm
    I highly recommend “The room” on ANA when traveling to Tokyo

    No 1st class tickets for you?

    A Genius doesn’t waste his money like that.

  93. Phoenix says:

    If the election comes before the trial there might not be much of a trial.

  94. 3b says:

    Lib: It seems to me that Democrats seem to have that issue more than Republicans, (just an observation on my part), that if you don’t support Biden, or Trump, you are really a secret Trump supporter; they deem you to be suspect. Same thing if you say some Republican / Conservative points are right, simple common sense. Again, you are suspect, and secretly a Trump supporter. It’s disconcerting, it smacks of the old Soviet Union and other former communist countries, where some were considered ideologically suspect.

  95. Libturd says:

    I hate to say it, but the technicals on this market are starting to show some signs of being overbought. It might soon be time to take some off the table until we get back to center channel.

    We are not through the top trend line, but another day like today and we will be. I never sell until I see if there’s support above it and a quick dip below won’t trigger me either. But any sign of a sustained pullback here and I’m joining the Debbie Downers. Let’s hope things cool down just a little and the market gets some time to consolidate. Things are moving up a little too fast for my comfort.

    https://photos.app.goo.gl/zHaPo6avFZj6RRQVA

  96. 3b says:

    2 open gangway trains are being tested on the two MTA trains ( C line) they are called gangways as you can walk from end of the train to the other, no internal doors.

  97. Libturd says:

    3b,

    Agreed again. Dems across the board can never admit their shit don’t stink. I think they are all typically the same. But Trump is not a politician. I really think he’s in it for the money and ego and for absolutely no other reason. I do find him dangerous. Wish we could find a swamp drainer that wasn’t such a wackadoo. I do find Nimrodda a much more reasonable candidate. Yeah, I know she’s much less “fun” than Trump.

  98. 3b says:

    I would have given Haley a shot, don’t agree with all of his positions. But, she is smart , competent, and can actually string a sentence together. I can’t believe how stupid Republicans are for not getting behind her.

    And as for the Democrats yes, they don’t have a lunatic like Trump running, but seriously all you can offer the American people is Biden?? So I will be sitting this election out too, (unless I vote for myself as a write in candidate). Last time I voted was for Romney in 2012. The Left vilified him over his Bain Capital days, and ridiculed him over his special underwear Mormons have to wear.

  99. Libturd says:

    I voted for Obama the first time around. Sat em all out besides Bush senior when I was 18. Hated Cheney, even back then, but what was I gonna do?

  100. 3b says:

    Lib: I voted Obama the first time. Not impressed at all, self important, arrogant, didn’t too much , and was anything but a uniter. Just my opinion of course.

  101. Libturd says:

    Call me selfish but the ACA saved my ass. Even after paying probably close to half a million on D’s healthcare, legal fees, etc. No one understands the need to maintain insurance for those with pre-existing conditions. It’s really why we all need insurance in the first place. The whole concept is to split the really big ones among all of the little ones. And believe me when I tell you that no one thinks it’s going to happen to them. Until it does. I applaud Obama for getting ACA passed. Otherwise, he was a great speaker and did little else.

  102. 3b says:

    Lib: I recognize what Obama did with Obama care, and recognize something had to be done. But, if I remember it was really Romney who designed the Obama care plan. Yes, Obama got it through etc, but overall I was not impressed by the Obama presidency. He did of course become extraordinarily wealthy after he left office, just like so many other politicians. In the end they all blow.

  103. LAX says:

    A great man died today. RIP Apollo Creed.

  104. Libturd says:

    Best Rocky opponent ever.

  105. Juice Box says:

    linebacker for the Oakland Raiders too……

    RIP Carl Weathers…

  106. 3b says:

    Juice: He was also great in Predator.

  107. Juice Box says:

    Lib – “I do find him dangerous”

    More so than Biden? If you look at Biden’s long long record 50 + years in government he has supported every single U.S. military operations and as well as any and all CIA activities. All wars, invasions, regime-change campaigns, airstrikes, torture, and abuse of power in Modern History all happened when he was Senator, VP and now President.

    His record on domestic surveillance policies like the Patriot Act as well and civil liberties is just as abysmal.

    Some of us perhaps have longer memories than others, and well others don’t care…

  108. Very Stable Genius says:

    On day 1 of his presidency all republicans said that that they would do anything and everything in their power to block him at all costs all the time.

    “ This strategy of kicking the hell out of Obama all the time, treating him not just as a president from the opposing party but an extreme threat to the American way of life, has been a remarkable political success. It helped Republicans take back the House in 2010, the Senate in 2014, and the White House in 2016. This no-cooperation, no-apologies approach is also on the verge of delivering a conservative majority on the Supreme Court; Republicans violated all kinds of Washington norms when they refused to even pretend to consider any Obama nominee, but they paid no electoral price for it—and probably helped persuade some reluctant Republican voters to back Donald Trump in November by keeping the Court in the balance.”

    Libturd says:
    February 2, 2024 at 2:29 pm

    Otherwise, he was a great speaker and did little else.

  109. BRT says:

    Rocky 2 and 3 are on HBO right now.

  110. Very Stable Genius says:

    It’s very easy.
    Majority of “independents” are actually Republicans. You can tell because they have a lot to say about Democrats and won’t denounce Trump or Republicans.

  111. 3b says:

    Very Stable Genius: A few posts up from yours I just posted that Trump is a lunatic. I have also said that I have not voted since 2012.
    I also said I would have voted for Nikki Haley, as I simply won’t vote for Biden.

    I don’t how much clearer I need to be. Lots of us put there feel the same, and lots will be staying home on Election Day.

  112. 3b says:

    Lib: Only thing missing is not washing hands after using the bathroom, but yeah that pretty much sums a lot of it up.

  113. Libturd says:

    “RIP Carl Weathers…”

    As long as it wasn’t Carl Winslow. I love that guy.

  114. Libturd says:

    Not a big fan of Biden or any of the establishment guys. But no more dangerous than every other elected president since whenever. Heck, the only reason he got promoted to next in line was due to his longevity. Not surprised. Dems are such big union supporters, longevity is how much of them judge each other. Most of them never worked a day in their lives in the private sector.

  115. Very Stable Genius says:

    Republicans Agonize Over Supporting Bipartisan Border Bill They’d Insisted On

    Feb 1, 2024, 07:36 PM EST

    A bipartisan bill to address the surge of migrants at the southern border is sowing discord within the Senate GOP as Trump urges them to kill it.

  116. chicagofinance says:

    I denounce Trump and Republicans.

    Very Stable Genius says:
    February 2, 2024 at 3:11 pm
    It’s very easy.
    Majority of “independents” are actually Republicans. You can tell because they have a lot to say about Democrats and won’t denounce Trump or Republicans.

  117. Juice Box says:

    Grim – 10% for the Sherriff? FBI will be following the money.

    Double Dipper and all how big is shore house anyway?

  118. Juice Box says:

    Stable – re: Majority of “independents” are actually Republicans.

    So surveys say anywhere from 43% to actually half the country does not identify as Republican or Democrat.

    But using your logic 51% or more of all those “independents” aka many Republicans voted for Biden in 2020?

    Republican Party is approx 38.8 million
    Democratic Party is approx 49 million

    Biden 81,283,098 votes, or 51.3 percent of the votes cast.
    Trump 74,222,958 votes, or 46.8 percent of the votes cast

  119. Phoenix says:

    Connecticut becomes first state to wipe medical debt for residents: $1billion in unpaid bills to be forgiven.

  120. BRT says:

    This is just one of many examples of our government being completely broken and filled with incompetent people.

    Look at Nikki Haley’s tweet with her fake emails.

    https://twitter.com/NikkiHaley/status/1753241117040971963

    a 4th grader could do a better job faking crap.

  121. BRT says:

    Connecticut becomes first state to wipe medical debt for residents: $1billion in unpaid bills to be forgiven.

    This is an empty gesture. My father had about $900k in unpaid bills due to him in 2004. They and everyone else know they won’t collect it. When they send them to collection, they settle out for 10 cents on the dollar and split the difference with the collection agency. Even after judgement, most just don’t pay.

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