From the Record:
Rents are skyrocketing. This report breaks down just how much
Housing prices just don’t seem to be letting up.
In February, rentals saw the largest increase in price nationwide in more than a year, according to Rent.com’s March Rent Report. Average rent prices rose by 2.25% last month compared with February 2023, marking the first time rent prices have increased by more than two percentage points since January 2023.
The median price of an apartment across the country in February was $1,981. Though this is still 21% higher than rental prices seen before the pandemic, it is lower than when median rents peaked at $2,053 in summer 2022.
“Factors contributing to rising rental prices in February include pressure from the housing market, with significant annual gains in home prices — which marked the highest increase in more than a year — coupled with high interest rates,” the report said.
The report also credited February’s 3.2% increase in inflation for the increased rental prices, affecting the Federal Reserve’s decision on lowering interest rates, keeping more individuals renting rather than buying.
The report said the Northeast saw the largest regional increase in rent prices in the country as of February. With rates in this area currently standing at their highest point since August 2023, median rent prices in the Northeast rose by 5.3% — from $2,357 to $2,481 — from prices seen at this time last year.
…
In the New York metropolitan area specifically, the median cost of an apartment is $4,166 — a 6.09% increase from February 2023 and a 1.30% increase from January 2024.
First
Hmmm
In the New York metropolitan area specifically, the median cost of an apartment is $4,166 — a 6.09% increase from February 2023 and a 1.30% increase from January 2024.
I’m hearing more and more layoffs occurring in various personal business circles. Lately, when I logon to work in the morning, I pause for a second in a way I haven’t before. I’m wondering if a wave is in the early stages reminiscent of 2008. Reading about the skyrocketing rents, commercial RE about to be unloaded in larger numbers, crippling credit card debt and mind-numbing inflation makes me wonder when it all hits the wall.
I was cruising around yesterday and passed this ditty. I was curious to see what it looked like inside. Some eye-catching angles and decor… not sure if it’s my style but certainly different. What do you think?
https://www.trulia.com/home/7-tweed-blvd-nyack-ny-10960-32392510
There’s a 3D link right below the description for the house above.
Fast: I am hearing more layoff stories as well. They are all white collar. On the surface things appear to look good, underneath however, is a different story.
3b: No worries, credit cards are like heroin and the fix is endless. Max out one, go to the 2nd one, consolidate on the 3rd one and open a 4th one. Gluttony feels good!
In other news, switching through the cable news channels: CNN says Trump will slaughter people if not elected (lol..), MSNBC hating on Israel and FOX mentions a dozen Americans rescued from Haiti.
How do clean the floor of the bathroom with all the stones in that Nyack house? Wet smelly stones with mildew.
NJCoast,
It’s a good question and one that didn’t come to mind immediately. I’m not into the modern look per say but I thought that house looks rather interesting.
chi, got the rent, lol.
unfortunately after an inordinate amount of time with my engineer son this weekend it’s a head fake…a win on friday will move us to 13th BUT any loss even to top ranked Q seems to drop us just into 15th again…so, seems we need the ECAC title after all….
Doable. They wouldn’t have gone anywhere unless they take it anyway. Validates.
This weekend still lingers. Satisfying.
Q. What does Donald Trump, Elon Musk, AOC, Pramila Jayapal, and Marjorie Taylor Greene all have in common?
A. They all agree that TikTok should stay.
Just for perspective, I saw an article this weekend that showed that the credit card and auto loan delinquencies are almost entire bottom 25% percentile with a little leaking into the 25 to 50% percentile. The numbers are high right now, but not above the trajectory they were on prior to the stupid covid checks. On the flip side, the upper 50% is in the best shape they’ve been in in decades. Personally, I would have been surprised if this was not the case. Rising interest rates only hurts the bottom. It has not cost me one bloody cent as the only debt I have is the 6 years left on my mortgage and that is fixed. I bought my last car in cash too. Plus, my savings are now earning a guaranteed > 5% FDIC insured.
As for the layoffs. This should be a short-term phenomenon. The 10% cull is the 2024 version of the 2018 share buy back. It’s an instant juice to the bottom line. But it is a short-term benefit, much like share buy backs are. A year from now, as long as spending continues (which is showing no signs of slowing), companies are going to continue to be hiring. This might explain why the unemployment claims are so low and most companies are still complaining about their inability to find talent.
I could be wrong about all of this. These are just my personal thoughts. I am glad the market settled slightly lately too, but I see Nasdaq futures are up nearly 1.5% today. Time equals consolidation. The top of the channel keeps moving up as long as the indexes don’t show any sign of a reversal. So far, I’ve seen no sign of it.
Don’t forget. Market is performing, with >5% FED lending rates. You must compare this to ZIRP. Could you imagine if we were still in ZIRP? Recent inflation is mostly energy and housing. At some point, housing has to break. If not, the FED will have to raise rates higher, which I would be in support of. Though, the pain at the bottom could be devastating.
Fast. That Nyack place is too intense. I think it is absolutely NOT relaxing. Anti-zen.
I keep expecting to see a portrait of Stanley Kubrick.
Seriously, it too much. Maybe it would work better in NyC, but up there it is a white elephant. And downwind all the Tappan Zee backed up traffic. Constantly having to wipe the hard polluted grit off of every outdoor surface.
That’s noise, just noise.
Fast Eddie says:
March 18, 2024 at 7:27 am
I’m hearing more and more layoffs occurring in various personal business circles. Lately, when I logon to work in the morning, I pause for a second in a way I haven’t before. I’m wondering if a wave is in the early stages reminiscent of 2008. Reading about the skyrocketing rents, commercial RE about to be unloaded in larger numbers, crippling credit card debt and mind-numbing inflation makes me wonder when it all hits the wall.
Lib: Perhaps, all is well but I remain skeptical. Too good to be true and all of that. As for credit card and auto loan delinquencies, in the past it started at the bottom and made its way up to the upper income levels. And, I again point out the dismal 401k balances across all age demographics. But, what do I know.
This is the problem you have when you shift large amounts of money from the many to the few.
Millionaires in California have taken matters into their own hands and decided to build a green fence along a public beach walkway to keep visitors away – even as they are slapped with $5million in fines for the move.
The most recent fight over the 800ft walkway started in December when the Coastal Commission slapped the homeowners with fines for trying to block off the walkway with makeshift materials such as netting, cones and traffic medians.
3b,
You are right to be skeptical. Things are not as they appear.
The way you handle the Oligarchs in California is seize those properties with eminent domain.
Knock that crap to the ground, plant native grass, and invite the previous owners to lounge there along with the people they didn’t believe are worthy enough for them to walk past.
Spent the entire weekend at a softball tournament in Jackson at the new complex. I got to watch some of the older kids play as well. I wasn’t aware that the travel leagues had all these “tiers” and watching the C kids play, it’s not even at the level of competitiveness that the rec leagues were 30 years ago. Of course, the rec leagues now are completely decimated. I don’t understand the urge to have travel leagues that are mediocre. These teams gotta drive all the way to Jackson and pay extra money to get their butts kicked when they could do that in their own town?
American government acting like a faulty circuit breaker. Trip and reset, trip and reset, over and over again.
This shite happening like every month now. Should put them all in a coliseum with some hand tools and let them all fight it out. Have HBO televise the thing, and put that money towards the national debt.
Border security deadlock heightens risk of government shutdown.
On TikTok. I support free speech. I have no issue with the platform or X, even though I know there are a lot of stupid people who don’t know the difference between reality and the sensationalist crap that is shared there. It’s kind of like Laken Reilly thing. Yeah, it blows that an illegal killed a wonderful citizen. It truly does. But it is a one off. Nearly a third of all vehicular deaths are caused by drunk citizens. To the tune of nearly 11,000 deaths a year. Say the name of those 11,000 innocent. Shouldn’t alcohol be banned for all Americans since we need to close the border since one immigrant committed murder? Yet, Laken Reilly is a household name now. That’s all X is now. A whole bunch of one-offs that a lot of stupid people are generalizing to all of society. It’s like the crime rates in the cities. First, they aren’t much higher than they’ve ever been and they are no higher than they are in rural America on a per capita basis. Yet, everyone thinks our cities are somehow more dangerous now than they used to be. Now this phenomenon may occur with TikTok too, especially if the communists in China choose to play with their algorithms, much like Musk probably has with X. But even with this as the case, I still support it because it is free speech. I don’t think the government should have the right to tell Americans what they can’t and can watch, let alone what they can’t and can do with their bodies.
Where I have an issue with TikTok is two-fold. Firs, an awful lot of ad revenue is headed to China which would be better off staying onshore. Second, China does not allow most American companies to operate freely in China. Look at Google. They pulled out due to the censorship issues, what, a decade ago? Their complete disregard for patents, trademarks, publishing rights, etc., continues unabated. Why the heck should we provide them with revenue and potential to pedal influence if they do not reciprocate fairly? Again, the Right is cutting off their nose to spite their face. Just like with the immigration reform. They are no better than the Left. It’s a heck of a revolution they are assembling.
BRT,
Money, prestige.
The days of playing a game for fun are long gone. Went to a skating rink and saw many of the hockey groups. Some of the kids were nice, others were giant douche bags. Parents who illegally park cause there little creep can’t walk ten feet to a parking space.
I was legally parked, and kept my headlights on full blast into illegally fire zone parked Mommy’s car till she was so annoyed she couldn’t see her Instagram on her screen and finally moved her Audi out of the fire lane.
Karen was so angry, but what are you gonna do, charge me with assault by high beam?
That Nyack place is too intense. I think it is absolutely NOT relaxing. Anti-zen.
Stanley Kubrick. Yep. Or an Andy Warhol painting of sorts. They definitely turned the volume up on that place. That whole stretch of River Road has some very tasty looking homes built in the 1800s.
Phoenix – Hardly Oligarchs in that spot, as usual there is more to the story.. it’s not Santa Cruz either. That section of beach has a 10 ft wide kind of a small backyard patio for each tiny little home there on the edge of the beach those people use as their patio backyard. Probably been that way for 100 years…costal commission took that and said it was a sidewalk or something. Maybe 200 yards. THere is no sidewalk really street side very narrow. Tiny little old homes.
Here is the before pic.
https://tinyurl.com/29dfj9cj
Why do you oppose capitalism? As far back as I remember everyone in the US government was promoting “free trade” with dicc heads like Bill Clinton promoting NAFTA while getting head at the podium, by someone who now claims she was a victim.
American kids are down in Lauderdale snorting coke and putting on bronzer, then bragging about that on Fox News. Chinese kids are educating themselves and making things Americans, like me, want and use every day, like my Milwaukee tools.
Boomer and it’s predecessors sent the jobs there. Now they cry foul. Shouldn’t have listened to them then, and not now either.
Firs, an awful lot of ad revenue is headed to China which would be better off staying onshore.
JB,
There must be some sort of survey/deed to those properties. I wouldn’t purchase a property without one.
So is that walkway a right of way? Are these properties zoned like those houses are kind of like storefronts?
Take all the evidence available, let a jury decide what happens, not a judge. That’s how you solve it.
It’s called lazy government workers who want to go on disability and collect a pension disease. CPT Code 8994.345
Repeated scans of patients suffering from the mysterious ailment commonly known as “Havana syndrome” found no significant evidence of brain injury, according to an ongoing investigation by the National Institutes of Health.
Two studies, published Monday in JAMA, found few significant differences in a range of cognitive and physical tests among more than 80 patients who had been stationed in Cuba, Austria, China and other locations compared with a control group of people with similar job descriptions.
The researchers said they did not seek to find the origin of the ailments, which the U.S. government refers to now as “anomalous health incidents” (AHIs).
Just think if she put the money she spent on cocaine and bronzer in the stock market how much money she would have.
My mistake. He. Or They. She didn’t buy the cocaine, some guy probably bought it for her, girls don’t have to pay for that. The bronzer, yeah, she probably bought that, so it’s they.
https://www.facebook.com/OfficialLawrenceJones/videos/day-1-of-spring-breakstep-1-bronzerstep-2-cocaine/1086234762448531/
“I don’t understand the urge to have travel leagues that are mediocre.”
Just keeping up with the Joneses. Like everything else.
Speaking of keeping up with the Joneses. We just demolished our brick/bluestone porch and cement walkway to the street. We got a very good price on redoing it with pavers (which I personally hate), which everyone seems to love. Will provide great curb appeal when we sell next year. Both were in terrible shape where the porch was actually dangerous and a bit of an eyesore with the cracking steps. Hired an Irish team from Morristown. 10K complete in cash (no tax). Pay all at the end. Have 57 reviews. 56 are five stars. One does not recommend them since they said their workers are ignorant. Their Irish immigrants. What did they expect? I suppose this is a risk of doing a lot of work in Montclair.
So we painted the exterior (stucco) and put on a new roof down to the studs. Replaced the steam furnace and hot water heater. New HE Smart washer and dryer. Upgraded the pump in the pit. Repainting and sureing up the ten-year old deck next. Will pay someone to retile the foyer, kitchen and fireplace. As we get closer, I plan to restore all of the oak trim (I live in a tudor) making it all look as good as new and restaining the doors to match. Also will rent the floor refinisher and will sand and resurface the hardwood floors throughout. Our front exterior door really needs it too as it’s faded over the 100 years it’s been there. I even bought one of those silly bronze address signs for $30 to affix to the front of the home. Really building up the curb appeal for the sale next Summer. Zillow has us slightly over one mill. I’m shooting for 100K over. As usual, will keep you all up to date on the process.
“Shouldn’t alcohol be banned for all Americans since we need to close the border since one immigrant committed murder? Yet, Laken Reilly is a household name now…I don’t think the government should have the right to tell Americans what they can’t and can watch, let alone what they can’t and can do with their bodies.”
So explain to me again under your logic why my young 20-something was effectively strapped down and injected in 2020?
“American kids are down in Lauderdale snorting coke and putting on bronzer…”
Dude, get it straight…that young lady was very clear….bronzer FIRST, then the blow.
Re: Santa Cruz, more to that story. The private patios were wiped out in an 80s storm. Beachfront owners formed an HOA to build a retaining wall to protect reconstructing their patios which permit is granted by the Coastal Commission on the condition that the pathway between the wall and patios is public access. Owners seek to renege now…
Speaking of covid, how was the O’Biden regime so efficient in locking down every moving part of America except the southern border?
The industrial revolution began in Paterson, NJ.
It currently resides in Guangdong Provence, China.
I stand corrected. She looks fun.
leftwing says:
March 18, 2024 at 10:40 am
“American kids are down in Lauderdale snorting coke and putting on bronzer…”
Dude, get it straight…that young lady was very clear….bronzer FIRST, then the blow.
Ten 433
“So explain to me again under your logic why my young 20-something was effectively strapped down and injected in 2020?”
Because that the was the best science at the time. I really don’t see the relationship between the two actually. I will admit, they ended up being wrong about certain age cohorts. Even so, the amount of damage was minimal (number of cardiac issues) was very slight. Much less than the number of kids who died of covid. Of course, now as a parent, I can now choose if I want to risk the lives of my children. But I am not allowed to terminate my unwanted children before they are more than a fertilized egg. And in certain states, I am not allowed to try to have them if I can’t make it happen naturally. I can’t wait for the next outbreak. There is so much vaccination disinformation, stopping the spread may be impossible. If it’s anything like the measles, then we are doomed. But they were wrong last time, so the dummies will say they are wrong this time too. Science doesn’t matter. Politics are more important than common sense. Before I was vaccinated and revaccinated (like 7 times now I think). I looked at the studies. Not at X. I suppose, we shouldn’t mandate car insurance either. Or social security contributions. But, I’m all over the place here. It’s very easy to provide false equivalencies. Especially to people looking for them.
“Speaking of covid, how was the O’Biden regime so efficient in locking down every moving part of America except the southern border?”
I remember when the immigrants were a risk because they were unvaccinated. Perhaps we should let them in for their collective brilliance?
And that cement pathway should be open for everyone. Probably in the next 30 years, it will be all that remains. This is clearly a case where the homeowners simply don’t want people gawking in their windows. Buy on the beach, deal with the gawkers.
“So explain to me again under your logic why my young 20-something was effectively strapped down and injected in 2020?”
Be thankful Left that the only “sacrifice” your son has been asked to make for the good of the country is to sit in a chair for 5 minutes and get vaccinated against a disease that killed 1.2 million Americans.
In previous generations your son might’ve been forced to ride in a B-17 dropping bombs on Germany, or slog through a rice paddy dodging land mines and VC snipers.
People complain about how the younger generation today is soft and a bunch of snowflakes.
Not sure how true that is, but to the extent it is you can blame parents who don’t impress on their kids that being an American gives them tremendous benefits and opportunities, but with that come some responsibilities.
Don’t worry, little Chad will be just fine.
Be thankful Left that the only “sacrifice” your son has been asked to make for the good of the country is to sit in a chair for 5 minutes and get vaccinated against a disease that killed 1.2 million Americans.
Seems like the other sacrifice he made was to make housing unaffordable for himself. 😂😂😂
Same homeowners will be crying for government tax dollars for beach replenishment in a few years.
Libturd says:
March 18, 2024 at 11:02 am
And that cement pathway should be open for everyone. Probably in the next 30 years, it will be all that remains. This is clearly a case where the homeowners simply don’t want people gawking in their windows. Buy on the beach, deal with the gawkers.
Immigrants when asked why they came to America.
A. Bronzer and Cocaine. 😂😂
Phoenix – re: “There must be some sort of survey/deed to those properties. I wouldn’t purchase a property without one.”
I posted the link of the house on the end on stilts.. People are actually walking under the house to get to the walkway. They are probably trespassing…
https://tinyurl.com/542zde5p
Again that is not a place in California I would want to live. Water Temp is in the 50 degree range most of the year. You can die in cold water like that. Other than surfers who swims there anyway?
There ain’t nuttin’ America wants in Haiti. You have no money, no oil, no gas, no minerals.
So sorry, you are on your own, we only go places where there is something we want to take from someone else, or there is a strategic need. Best of luck though, and happy Monday!!
‘It’s like a scene from Mad Max’: UNICEF boss warns of absolute chaos in Haiti with residents suffering ‘serious hunger and malnutrition’ while gangs block roads and stop aid
“Speaking of covid, how was the O’Biden regime so efficient in locking down every moving part of America except the southern border?”
Ummm… Trump was president when the lockdowns started.
I posted the link of the house on the end on stilts.. People are actually walking under the house to get to the walkway. They are probably trespassing…
Guess then they will have to press charges. And wake up the PoPo to get them to do their jobs. For them to tell the owners they can’t do anything.
Legal system in America is a giant cluster F.
Lookin’ like he gonna be president again. Fasten your seatbelts, the next big bump is gonna be a doozy.
OC1 says:
March 18, 2024 at 11:37 am
“
Ummm… Trump was president when the lockdowns started.
Juice,
I take it you aren’t the Polar Bear type. Hehe.
I agree with you though, wouldn’t be my choice.
On the bright side, if Trump is president, CNN will become relevant again. Now how do I invest in them?
Haiti is a great location to setup a pirate stronghold, just saying. That area of the Caribbean is prime.
Warner Brothers Discovery owns CNN. Fuggedaboudit.
Phoenix – We had 20,000 U.S. troops there 30 years ago. What is problem there again? I will tell you…Problem there is too many people, population has tripled to nearly 12 million on that tiny 1/2 of an island since I was born. It was not sustainable 40 years ago and isn’t now. They cannot produce even a subsistence farming economy, the world has been supply them food since before I was born. 1/2 their population today is near starving now, meaning all aid assistance programs have completely failed. Solution might actually be the need to relocate these people.
re ” pirate stronghold”
This is the way.
Plenty of Cruise ships full of fat Americans to be plundered.
“Because that the was the best science at the time. I really don’t see the relationship between the two actually. I will admit, they ended up being wrong about certain age cohorts.”
Non-answer, and then a direct deflection to abortion….nice.
It was far from “the best science at the time”. It was well known when COVID was hitting Europe which cohorts were at risk. It didn’t “end up” that way….easily observable facts going in for the US.
FFS, go back here to the Spring of 2020…arguments were all over the place *here* using international and HHS’s own data that the risk to children was far less than dying in auto crash…so yeah, we should also be banning kids from cars…smh.
Love the Left’s constantly changing hindsight….
If the Repubs have half a brain for Election 2024 do an all-media ad blitz with the emotional equivalent of the “Daisy” commercial….caption it “THEY locked you up like animals” and show little kids emotional and crying in front of computer screens, decked out graduation stages with hundreds of empty chairs, police shutting down businesses, etc. interspersed with scenes of Newsome partying at the French Laundry.
Fucking filthy liberals.
Speaking of Pirates.
Seems India is becoming a force..They are actually taking the pirates to India and not handing them over to the USA.
https://timesofindia.indiatimes.com/india/navy-to-bring-35-somali-pirates-to-india-for-prosecution/articleshow/108572733.cms
“Ummm… Trump was president when the lockdowns started.”
State by State, brother…I went South to FL…was at the beach and buying takeout sushi while you guys were hard curfew and on here telling me that I was risking my life doing so (literally said on here, not making that up, go back and look. I was going to die because someone may sneeze while preparing my meal).
LOL. Nice ‘New Yorker’ view of the world. Everything is not as in NJ, thank God.
Libturd says:
March 18, 2024 at 10:23 am
“We just demolished our brick/bluestone porch and cement walkway to the street. We got a very good price on redoing it with pavers…Will provide great curb appeal when we sell next year. Both were in terrible shape…”
As I’ve gotten older I’ve developed the mindset of doing any home improvement project now/for my own enjoyment, if it’s something that I felt I would do in order to sell the house. I can somewhat understand a younger homeowner, where money might be tight, putting off projects until they absolutely had to be done, but my question to Lib, why would you live with a terrible looking and dangerous porch/walkway, only to repair it for the ‘next guy’?
“Hired an Irish team from Morristown. 10K complete in cash (no tax).”
And here we have this week’s least surprising example of liberal hypocrisy, a big govt blue-state ‘progressive’ who doesn’t want to pay his ‘fair share’ of taxes. Bucktooth Phil wouldn’t be happy, but then again all Dem politicians really care about from you stooges, is your vote.
Ummm… Trump was president when the lockdowns started.
Duh. Ten months later, the vegetable stole office, protracted the American prison experience, trashed everything Trump had in place and unbolted the border gate.
Eddie/Left-
Criticize Biden all you want! Criticize individual state govs all you want!
Just don’t criticize Biden for things that were done when he wasn’t in office.
It just makes you look like ill-informed idiots (which I don’t think you are).
“Why would you live with a terrible looking and dangerous porch/walkway, only to repair it for the ‘next guy’?”
It always looked shitty. This year, the bluestone on the steps really started chipping and cracking (really, late last fall). Believe it or not, I asked two different masons to send me estimates and both never did. I figured I would wait until the Spring. On Friday, the contractor (not sales people) himself was doing work around the corner. He drove around in his truck looking at porches and stopped at particularly needy ones. You could tell from the curb mine needed work. I took a ride with them to see other work they did locally. He offered me a discount if I went with a certain color since he supposedly had extra. I haggled him down 1K on the porch and then down another 1K when he quoted me the walkway to the street. The no tax option (saving me $700) of course came at the end. Report me to Phil. The porch and path are excavated and in the back of a truck already. He’ll be done by Friday. Excellent, no-nonsense operation. BTW, I swear, half the people working in the country are off the books. I wish I was. I couldn’t even open up a ROTH ira this year. With all of the additional interest from the FED, I made too much money.
lawyers told a New York appellate court Monday that it’s impossible for him to post a bond covering the full amount of his $454 million civil fraud judgment while he appeals.
The former president’s lawyers wrote in a court filing that ‘obtaining an appeal bond in the full amount’ of the judgment ‘is not possible under the circumstances presented.’
They revealed they had spoken to 30 underwriters to back the bond, which is due next week. Their efforts included ‘countless hours of negotiating with one of the biggest insurance companies in the world’.
With interest, Trump owes $456.8 million. In all, he and co-defendants including his company and top executives owe $467.3 million. To obtain a bond, they would be required to post collateral worth $557 million, Trump’s lawyers said.
TY OC1.
Never mentioned Biden though. He’s a non-entity to me. Meaningless. Actually he’s a non-entity in total. Was a placeholder, isn’t even that any longer LOL.
Trump will impose a 100% tariff on Chinese imports.
Who exactly is going into manufacturing in the US? Ft. Lauderdale college spring breakers heading to the factory floor?
Phoenix says:
March 18, 2024 at 10:06 am
Why do you oppose capitalism? As far back as I remember everyone in the US government was promoting “free trade” with dicc heads like Bill Clinton promoting NAFTA while getting head at the podium, by someone who now claims she was a victim.
American kids are down in Lauderdale snorting coke and putting on bronzer, then bragging about that on Fox News. Chinese kids are educating themselves and making things Americans, like me, want and use every day, like my Milwaukee tools.
Boomer and it’s predecessors sent the jobs there. Now they cry foul. Shouldn’t have listened to them then, and not now either.
Firs, an awful lot of ad revenue is headed to China which would be better off staying onshore.
Rightwingers destroyed America’s middle class with Trickle Down economics.
Boeing was once known for safety and engineering. But critics say an emphasis on profits changed that
Analysis by Chris Isidore
“everything had to be cost-justified.”
Because that the was the best science at the time.
No it wasn’t, that’s why many countries in Europe stopped as soon as they saw the signal in the data.
Rightwingers destroyed America’s middle class with Trickle Down economics.
Thank God it doesn’t affect your $2,000 suits and Latour Corton, Grand Cru cabernet! At least the poor are in your thoughts and prayers, I’m sure.
Never mentioned Biden though. He’s a non-entity to me. Meaningless.
Joe’s got special shoes now… like Forrest Gump!
Serious question. Is Trump really that broke that he can’t afford bail? Maybe he should be congress for Federal bail reforms? I kid, sort of.
WRT to the various “lockdowns”:
They were an imperfect response to a serious and not well understood problem. Health experts are still arguing about how effective and necessary they were. Some states probably went too far, others not far enough.
I viewed them as a temporary annoyance. Other people saw them as much more than that.
But my feeling then and now was that it if the “lockdowns” and other annoying measures could help save some lives (like maybe Lib’s vulnerable son), and maybe make life a little more bearable for overwhelmed healthcare workers (like Phoenix) who were watching their patients die day after day… then I would deal with it.
The fact that I personally was at relatively low risk was irrelevant.
Covid was one of the big national challenges our generation has faced. But compared to the national challenges other generations have faced covid “lockdowns” were nothing. NOTHING.
YMMV
“Serious question. Is Trump really that broke that he can’t afford bail? ”
Maybe we should require presidential candidates to release their credit scores?
His primary creditor’s money is tied up at the moment.
Who is that? The My Pillow Guy? I laughed so hard when he was brought up to the podium by Trump to speak about coming up with a Covid vaccine.
Four more years of crazy.
I’ll take a stumbling Biden over this insanity 100 out of 100 times.
https://youtu.be/x4pxzC4wMyc?si=m6KJvq915tKc_7VK&t=42
“Serious question. Is Trump really that broke that he can’t afford bail?”
You already know the answer, c’mon, stop trolling….there’s a difference between net worth and liquid net worth, for anyone. Especially someone whose industry is based on real assets and leverage.
“They [lockdowns] were an imperfect response to a serious and not well understood problem.”
You guys are something else on the revisionist history. The ‘problem’ was very well understood, the stats were published to the second decimal point from the beginning.
As to it being an ‘annoyance’ and nothing more….maybe in your very narrow personal silo it was but for many others it was a major personal issue. For EVERYONE the macroeconomic bullshit we continue to suffer now four years later regarding housing prices, inventory, and general goods inflation came directly from those *grossly misguided* lockdown responses.
No lockdowns -> moderated fiscal response -> no ZIRP and QE -> no inflation.
Hell, no lockdowns you go through a brief but rigorous recession and very possibly have housing prices down to flat as a result.
The lockdowns were grossly negligent and, quite frankly, mean spirited demonstrated no better than the fact that those in power implementing them ignored them.
Liberals suck.
Like most Americans, too much debt he can’t repay.
I bet he’s banned by America Express
Libturd says:
March 18, 2024 at 2:23 pm
Serious question. Is Trump really that broke that he can’t afford bail? Maybe he should be congress for Federal bail reforms? I kid, sort
The price of housing and rents keeps striking me as analogous to the “value” of Pokémon cards, hummels, etc. Is there such a discrepancy between supply and demand that there is a good basis for the price increases or is it just a form of frenzy–going up because it is going up? I have friends in a southern college town; a huge percentage of houses, condos, and even apartments are being held as air BnBs for SEC gamedays. There there is actually a shortage; there need not be but people can make more for short-term rentals than for monthly rentals.
Hi Stu.
Lib
Think it’s coincidence that convicted felon and Russian asset Manafort is being rumored to be coming back into the Trump sphere?
As to it being an ‘annoyance’ and nothing more….maybe in your very narrow personal silo it was but for many others it was a major personal issue. For EVERYONE the macroeconomic bullshit we continue to suffer now four years later regarding housing prices, inventory, and general goods inflation came directly from those *grossly misguided* lockdown responses.
An annoyance, your teachers are still flabbergasted by how many skills the kids failed to learn. Still to this day, the kids are acting like they are 2 years younger. My juniors behave like Freshman. My seniors behave like Sophomores. Don’t even get me started on the actual void in their math skills.
If you want to see a case study…just check out Lawrence NJ’s testing scores. The assho1e running the district and it’s board kept school shut nearly an additional year and the scores dropped off the side of a cliff moving them from mid tier to bottom tier on the rankings. Schools in this shouldn’t be moving up and down in the rankings, and if they do, not at a rapid pace. The ironic thing is, the board’s sole goal is to “achieve equity”. Well, they sure did, at least in this town. The entire district is below grade level.
China filed 25% more patents than the U.S. in 2023 — heavily sanctioned Huawei led all companies worldwide despite bans.
“Especially someone whose industry is based on real assets and leverage.”
Yea, over leveraged and broke. Every kid in America knows in Monopoly, you flip the card over and mortgage. All Donnies cards are flipped and noone will touch him.
He said in the last case he had $400mil cash on hand, but had to pull a favor to cover the 80million with Chubb.
“teachers are still flabbergasted by how many skills the kids failed to learn.”
There was a lot of learning loss, no doubt about it. That’s bad.
But it’s easy to point at a group of kids and say “this group of kids is x years behind” because schools were closed.
What you can’t do is point to a group of those kids parents, relatives, teachers. etc. and say “this group of people are alive” because schools were closed.
I don’t know how to judge that trade-off. And until some smart epidemeologist figures out how to crunch the numbers, none of us do.
You apparantly think that learning loss is the most important factor. Maybe you’re right. But people who lost family (including an estimated 300,000 covid orphans) might disagree.
Dude, nearly every single person got Covid. All those mitigations did nothing.
Pony up, taxpayers.
A Denver judge awarded a 78-year-old grandmother $4 million in damages after a botched SWAT raid that relied almost exclusively on Apple’s Find My iPhone software.
Jurors concluded that Denver Police Department officers violated the state constitution by hastily seeking a search warrant of Ruby Johnson’s home without a proper investigation, wrote the ACLU of Colorado, which filed the lawsuit on Johnson’s behalf against Detective Gary Staab and Sgt. Gregory Buschy.
BRT,
The initial rounds of a novel flu are significantly more dangerous than later cycles. This is a fact and explains why so many people in the initial round died. With each cycle, the virus actually spreads more easily, but is much less fatal. Both herd immunity and vaccinations help make influenzas less dangerous over time. There is absolutely no question that vaccinations saved millions of lives during covid. The lockdowns most likely saved millions of lives as well. Where the data was unclear was seriously misunderstood was whether or not the flu was airborne or not. I even knew that closing beaches and parks was most likely a mistake. They learned this with the Spanish Flu back in the 20s from the successes they had treating people in open air tents outside vs. inside in hospitals. Again, there is a ton of misinformation out there. Mistakes occurred. You had a lot of politicians making bad decisions. What a shocker. I continue to read the blog which I often linked to here. I have learned more about epidemiology than I ever thought I would care to know. Yes, there are serious issues with the NIH and their funding. Fauci made some seriously stupid decisions which has lead to a large distrust in government funded science. His biggest mistake, though, was not explaining to the public the reasoning behind his decisions. But this does not mean all science should be mistrusted. I don’t fault Fauci for the decisions he made. I do fault him for creating the current level of distrust and potential irreparable damage this has caused.
Hey Shore Guy. Hope all is well.
Boomer,
Sorry to hear about the layoff. Getting canned on a Zoom was an interesting experience. Take some time sit down and run the numbers. Every month, do the same until circumstances change. Nine months in and I know our burn rate.
If you have the car bought and the holiday booked, enjoy them, there is no point worrying about past decisions. It sounds like you are in good shape.
Keep positive and keep banging the drum. I had an interview today with a large corporate in their cash cow division, the other candidate goes tomorrow. If they get it fair play to them. I set a very high bar today.
While the market sucks there are jobs out there, it just takes a lot of digging and a lot of work.
Keep positive as people say, things have a habit of working out in the end.
closing beaches and parks and politicians making bad decisions.
https://nypost.com/2017/07/03/christie-touts-beaches-he-didnt-close-for-everyone-but-him/