Basement Voters Swing Election?

From Fortune:

Top real-estate CEO suggests some young people might have voted for Trump because they’re sick of living in their parents’ basements

“The young voters who, after years living in their parents’ basement, swung right in this election, will expect President Trump to act as America’s real estate developer in chief, and build the housing that they need,” Redfin chief executive Glenn Kelman wrote Wednesday in a note titled: “Way-Too-Early Take: What Trump’s Re-Election Could Mean for Housing.”

In a prior interview, Kelman told me, “Biden’s basic problem with millennials is how optimistic can you be about the economy from your parents’ basement?” That was, of course, before President Joe Biden dropped out of this year’s race, before Vice President Kamala Harris became the Democratic Party’s candidate, and before Trump won it all. 

Home prices soared during the pandemic because people could work and live from anywhere, and mortgage rates were lower than they’d ever been. When inflation became a real hot problem, the Federal Reserve raised interest rates, indirectly lifting mortgage rates. Americans were left with high home prices and high mortgage rates—and still are, to an extent. Some people can’t buy homes, and others won’t sell them and lose their low mortgage rate: That’s why sales are depressed. Also, after years of underbuilding—and in some cases, decades of policy failure—there aren’t enough homes to go around. 

But Trump can maybe fix that, according to Kelman, by “setting aside well-meaning regulations on home-building that limit construction and make housing less affordable,” he said, partly referring to “environmental reviews in already well-settled areas, and limits on apartment buildings in neighborhoods of single-family homes.”

It isn’t up to the federal government, though; it’s all up to states and localities, who pretty much control development via land-use regulations, but Trump could create incentives for them to get housing built. “Many of America’s problems are hard to solve, but this one isn’t, especially for a president who loves construction,” Kelman said. Trump was once a real-estate scion, after all.  

So far, in the week since the former president has become the president-elect, demand in the housing world has leaped by one measure: Demand from home-buyers requesting service through Redfin’s site was about 25% higher this weekend than the same weekend last year, the largest year-over-year jump since things started to go south two years ago. “Some buyers are undoubtedly enthusiastic about a Trump economy; others may have been waiting to make major decisions until after the election,” Kelman said. 

This entry was posted in Crisis, Demographics, Economics, National Real Estate. Bookmark the permalink.

91 Responses to Basement Voters Swing Election?

  1. SomeOne says:

    First?

  2. Fast Eddie says:

    “There must be some way out of here
    Said the joker to the thief
    There’s too much confusion
    I can’t get no relief
    Businessmen, they drink my wine
    Plowmen dig my earth
    None of them along the line
    Know what any of it is worth”

  3. Phoenix says:

    Kinky one, in a down and dirty way:

    A Missouri school teacher is accused of exchanging drugs and alcohol for sex with students, including one who she allegedly slept with on a gravel road.

    Carissa Smith, 31, was arrested on Tuesday for rape, sodomy, patronizing prostitution, sex trafficking of a child, hindering prosecution and sexual contact and misconduct with a student.

    The Pulaski County Sheriff’s Department said she would have sex with them at her residence and other various locations such as gravel roads or on the side of the road.

  4. Phoenix says:

    ‘[The victim] stated Mrs. Smith told them not to talk about it or else they would get into trouble. Mrs. Smith stated, “You know you can’t talk about this with anybody?”‘ court documents said.

    One victim alleged that during a sexual encounter Smith forced him to ejaculate inside of her.

    Hubby busy doing the “honey do” ist, and it looks like the school nurse got into the kink as well:

    The boy said he told her ‘that was f*****d up,’ and she responded by offering him more money.

    In another incident, the victim said he smoked marijuana with Smith and her friend Lacey Beam who was a former school nurse for the Dixon School District.

    Eventually Smith dropped Beam off at her home and took the boy to McDonald’s because her husband was home with their children, according to court documents.

  5. Phoenix says:

    I guess these ladies are trying to pound sex education into these students. Hehe.

    A 43-year-old Los Angeles teacher has been arrested for allegedly sexually assaulting a 13-year-old boy after plying him with weed.

    Colleen Jo Matarico, an educator at John Burroughs Middle School, has been taken into custody on suspicion of child molestation.

    Investigators believe she ‘groomed and sexually assaulted a 13-year-old victim in her classroom and later convinced the victim to have sexual intercourse in her vehicle.’

    Matarico has been charged with five counts of lewd acts with a minor, two counts of lewd acts with a minor 14 or 15 years old and one count of furnishing marijuana to a minor.

  6. Phoenix says:

    3 in one day? School counselors as well? These educators are really getting off these days. I guess if the “low pay” isn’t enough, you gotta get the benefits somehow.

    Kids, the lesson of the day is this formula: The angle of the dangle is directly proportional to the heat in the meat times the mass of the ass. Hehe.

  7. Chicago says:

    WTF does this even mean? You lost me. Even my clotGPT didn’t help.

    Phoenix says:
    November 15, 2024 at 8:22 am
    Kids, the lesson of the day is this formula: The angle of the dangle is directly proportional to the heat in the meat times the mass of the ass. Hehe.

  8. Phoenix says:

    Chi,
    It’s been so long I can’t remember the formula anymore. You might just have to try them all out and see which one works. You might have to ask a middle school teacher which one is correct. Gravel road lady might know.

    The heat of the meat is inversely proportional to the angle of the dangle and directly proportional to the mass of the ass.

    The angle of the dangle is directly proportional to the mass of the ass times the thrust of the bust?

    The angle of the dangle is directly proportional to the heat of the meat … And is inversely proportional to the mass of the ass.

  9. RentL0rd says:

    Futures down. I am sure it is Biden’s fault!

    Other than bitcoin, which will go the way of NFTs, where is everyone hiding their dough?

  10. Fast Eddie says:

    A 4bd/2bth in Oak Ridge with a ‘3’ handle. New furnace and looks buttoned up overall. Hey, if ya gotta, ya gotta:

    https://www.trulia.com/home/231-russia-rd-oak-ridge-nj-07438-39429088

  11. Phoenix says:

    Cheap azz boomer ain’t going back there until you bring back unlimited shrimp. Hehe

    Red Lobster Launches New-Look Menu With 7 New Items After Exiting Bankruptcy
    .

    The CEO didn’t pull punches though about the unlimited shrimp specials that hurt the company’s bottom line, telling the “Today” show that it is gone, “because I know how to do math.” But he didn’t say it would never return.

    The promotion, which had been a limited-time offer, but was made permanent by former CEO Paul Kenny, cost Red Lobster $11 million, USA Today reported.

    Adamolekun said he “always felt dubious” about the endless shrimp deal, telling CNN that shrimp was a “very expensive product to give away endlessly.”

  12. RentL0rd says:

    Phoenix, change your age in your google chrome profile to be your right age and you will get better news recommendations. Too juvenile for a Friday morning.

  13. RentL0rd says:

    Whats the catch Eddie?

  14. Fast Eddie says:

    Other than bitcoin, which will go the way of NFTs, where is everyone hiding their dough?

    Buy shiny metals, the Renmimbi will be the de-facto currency soon.

  15. Phoenix says:

    Got a problem, call a cop. He will light you up instead of the burglar you described to the dispatcher: Warning, this video is gory. Think twice about picking up the phone, you might just get a dolt with a gun:

    https://www.reddit.com/r/vegaslocals/comments/1grl5qi/las_vegas_police_shoot_homeowner_instead_of/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button

  16. Fast Eddie says:

    Whats the catch Eddie?

    I don’t know. Even the street level view looks nice. On the surface, it has potential but I can’t figure why the big price drop. Maybe this house goes under contract this weekend.

  17. Phoenix says:

    Menendez taught me this, a closet full of shiny.

    Fast Eddie says:
    November 15, 2024 at 8:44 am

    Buy shiny metals, the Renmimbi will be the de-facto currency soon.

  18. RentL0rd says:

    Bought several gold bars at $1100 -$1300 several years ago. Cant bring myself to buy at these prices.

  19. Phoenix says:

    “My brother is dead because a police officer was not properly trained,” Wright said. “The officer shoots my brother in the head, continues to shoot him at least four more times when my brother is laying there dead on the floor… and saying, ‘Stay down.’ Where is he going? He’s already been killed by you?”

  20. Phoenix says:

    Raise your rent. Convert that into more gold bars.

    RentL0rd says:
    November 15, 2024 at 8:49 am

    Bought several gold bars at $1100 -$1300 several years ago. Cant bring myself to buy at these prices.

  21. Libturd says:

    This is going to be interesting.

    Here is your leader for Health and Human Services. The man who attached a whale head to his car and thought a worm was eating his brain. Go MAGA!

    https://www.nytimes.com/2023/07/06/us/politics/rfk-conspiracy-theories-fact-check.html

    So who is going to check on the 5G towers?

  22. Libturd says:

    DNA flirting with $5 again.

  23. Juice Box says:

    When does DNA get back to $558 a share? I mean a strategy of averaging down has to eventually work right?

  24. Juice Box says:

    Does Tyson pull this one off tonight?

    Iron Mike said that “the devil himself” would show up tonight.

    Netflix all time highs too, way to rich for my blood.

  25. BRT says:

    Imagine touting an ETF that drops %75 and your recovery trade was one that lost 99%.

  26. OC1 says:

    Other than bitcoin, which will go the way of NFTs, where is everyone hiding their dough?

    I’m “hiding my dough” in the same place I always “hide” it- a diversified mix of stock and bond mutual funds. Not changing my stock/bond allocation, nor buying gold, bitcoin, etc.

    Basically doing exactly the same thing I’ve been doing the last 30+ years.

  27. Old realtor says:

    Eddie,
    Oak Ridge is a section, not a town. This is on the Passaic County side, West Milford. House is old, cheaply constructed and looks white trashy. What other than the 3 handle appeals to you? Town verified 3 bedroom septic advertised as 4 bedroom (idiot agent). Just another dated piece of sh#t in the middle of nowhere. No need to buy in the Poconos.

  28. Juice Box says:

    Allot of money for the fight tonight…..$80 million

    14-ounce gloves instead of the standard 10 ounce, means softer blows with more padding etc.
    Two minutes rounds rather than the usual three minutes
    Eight round only fight will not go to 10-12…

  29. Chicago says:

    Ok. You course corrected. Lol.

    Phoenix says:
    November 15, 2024 at 8:46 am
    Menendez taught me this, a closet full of shiny.

    Fast Eddie says:
    November 15, 2024 at 8:44 am

    Buy shiny metals, the Renmimbi will be the de-facto currency soon

  30. Chicago says:

    Ok, but what do you really think?

    Old realtor says:
    November 15, 2024 at 11:03 am
    Just another dated piece of sh#t in the middle of nowhere. No need to buy in the Poconos.

  31. Libturd says:

    “Basically doing exactly the same thing I’ve been doing the last 30+ years.”

    I am still 50 equity/50 fixed. Some time in the next five years, I’ll be able to go back 100/0 at a much lower price than we are currently at (will start scaling back in at center channel in the Nasdaq). These once a decade opportunities are where I have made the majority of my wealth. Very, very, very few have the discipline to invest this way. Money managers can’t do it because no will let them employ such long-term strategies as management and customers don’t have the patience or discipline either.

    OC1, you are doing what nearly everyone SHOULD be doing besides screwballs like me. In the end, a few will win the lottery, but the vast majority won’t even match the indexes. And you’ll sleep better and will live longer than both of them.

  32. Libturd Cosell says:

    Tyson is going to get his ass whipped. Probably will get knocked out, or he’ll just hug his way to his payday. Trust me, the athletic wall you hit in the 50s is insurmountable. He’s nearly 60.

  33. The Great Pumpkin says:

    DNA will prevail. Go luck at their earnings. They have righted the ship. 2026 is breakeven and eventually this company is going to be a force. Too many important smart people involved. Biotech is the future. I don’t make the rules.

    Lib, entire market getting beat up. Who cares. You have zero appetite for real risk and we get it. Making real money involves making unpopular picks that become popular down the road. I don’t give a f/k what asset it is. That’s how real money is made, by taking on risk. Sure, you can index fund at 20….wait 40 years and then have money. aka you missed out your entire life. Cool for some, but that’s not for me. To each and their own.

    And I am not in bitcoin….bitcoin already made its big moves. Look at the market cap. Maybe get 2x-3x times from here if lucky. Bonk is where I have chose to take my shot. #BonkTheWick

    Whole community pushing this story now since there was glitch wick to .11 cents this week on coinbase. That’s all that matters to these memes….it’s based on community, story, and greed. It’s a new asset class for the young, who are doing their own thing to make a buck. They see the stocks and most coins as rigged(vc capital), so they started their own. Again, I don’t make the rules. Call it stupid, or whatever you want, but there is serious money to be made or lost. I have made good money trading it past year.

    By the way….someone cashed out their bitcoin buy this week. $120 dollars at .06 turned into $179,000,000.

  34. Juice Box says:

    Tyson fought Roy Jones, Jr. four years ago..

    If he still hits that hard it won’t go so easy for Paul.

    https://www.youtube.com/watch?v=C166p3V7vjU

  35. BRT says:

    Tyson and Jones clearly had a gentlemans agreement to not try to hit each other hard in the head. But I watched that fight and it was entertaining. And to be honest, I saw Tyson throw some body shots and hooks that sounded absolutely nasty. It doesn’t matter if he’s old. He’s clearly roided up and has that power. I’m not convinced this is a real boxing match though.

  36. Libturd says:

    BRT,

    It definitely isn’t. Will probably be called a draw if it goes 8.

  37. The Great Pumpkin says:

    Let’s go tyson! Fighting with rage. I don’t care if he is 58. You saw the rage come out yesterday when he slapped the chit out of paul for stepping on his foot. Turned Paul’s head sideways with that slap.

  38. OC1 says:

    OC1, you are doing what nearly everyone SHOULD be doing besides screwballs like me.

    I figured out a long time ago that I’m not smart enough to beat the market. ;)

    To be honest, I’m not sure anyone can in the long run, but I’m 100% certain that 1) I can’t, and 2) that I can’t pick a money manager who can.

    About the only active thing I do is managing my retirement withdrawals so that I can do some Roth conversions every year at the 12% rate.

  39. Boomer Remover says:

    JP is a proxy for every loud Gen Z YouTuber moron and I have blood lust, but I’m also not convinced that this is a real boxing match.

  40. SmallGovConservative says:

    Libturd says:
    November 15, 2024 at 9:38 am
    “Here is your leader for Health and Human Services…”

    Somewhat surprised you Dems aren’t all-in on RFKJr as T’s ‘diversity’ pick. You guys obviously gave up long ago on caring about merit or competence; how else to explain SlowJoe selecting a kleptomaniac tranny to lead the nation’s nuclear waste strategy.

    As for me, I’d prefer to have given RFKJr a ceremonial position as he’s always reminded me of Bill ‘Spaceman’ Lee; a relatively benign, somewhat amusing flake. Having said that, as the CDC/NIH are among the once-reliable institutions that have been tremendously damaged by Dem DEI dingbats, let’s see what RFK can do.

  41. Phoenix says:

    To serve and protect:

    Two Missouri law enforcement officers have been charged in separate federal cases this week with illegally searching the cellphones of women they encountered during traffic stops to steal their nude or sexually explicit photos, the U.S. Attorney’s Office for the Eastern District of Missouri said on Thursday.

    Former Florissant police officer Julian Alcala, 29, was indicted by a grand jury and accused of illegally searching the cellphones of 20 women between February and May. He allegedly took their phones under the pretext of checking their insurance coverage or vehicle registration, searched the phones for nude pictures, and photographed the pictures with his phone, the indictment said, adding that he found an explicit video in one victim’s phone and texted it to his own cellphone, before attempting to delete evidence of the text.

    A separate indictment accused former Missouri State Highway Patrol trooper David McKnight, 39, of similarly unlawfully searching nine women’s cellphones during traffic stops for nude photos and taking pictures of them with his personal cellphone. He later deleted the images from his cellphone, it says.

    Alcala and McKnight were indicted with counts of deprivation of rights under color of law — meaning the right to be free from unreasonable search and seizure. They both also face a charge of destroying records in a federal investigation — Alcala for allegedly deleting the text message evidence of the video he sent to himself from one woman’s phone, and McKnight for allegedly deleting the illegally obtained images from his phone.

  42. Phoenix says:

    Money is on Paul, but I would prefer Tyson by a long shot.

    I would love either to go up against Portnoy.

  43. Fast Eddie says:

    Old realtor,

    This is where your RE expertise is vital. I’ll look at that house again now with your view.

  44. White Trash Eddie says:

    I’d like to see Tyson pummel da bastid. It’ll give some hope to us old guys that we’re still relevant.

  45. Phoenix says:

    Juice,

    Funny. AI is going to make the future very interesting.

    We will live in interesting times.

  46. The Great Pumpkin says:

    Just remember, plenty of people beat the odds, and kill it. They destroy the index. It takes balls, skill, and conviction. Look at Saylor…..dude went all in on one egg (bitcoin)…..he knocked it out of the park.

    Diversifying is to maintain, not make. You have to do the opposite to win big….even buffet made almost all his money putting his eggs in one basket. He talks about diversifying now….that wasn’t the case when he started. Same with elon….one major bet after another. That’s how you make it….no other mathematical way. Can you lose, for sure, but pick your ass back up and try again.

    OC1 says:
    November 15, 2024 at 12:41 pm
    OC1, you are doing what nearly everyone SHOULD be doing besides screwballs like me.

    I figured out a long time ago that I’m not smart enough to beat the market. ;)

    To be honest, I’m not sure anyone can in the long run, but I’m 100% certain that 1) I can’t, and 2) that I can’t pick a money manager who can.

    About the only active thing I do is managing my retirement withdrawals so that I can do some Roth conversions every year at the 12% rate.

  47. Juice Box says:

    Portnoy says Jake Paul -200 is the best bet in a lifetime.

  48. The Great Pumpkin says:

    I am just ridiculously happy that I picked the right coin last year. There were a lot of coins coming out, and I picked the right one and stuck to it. People laughed at memes last year, they are no longer laughing…. my lowest buy this past year was at 970….talk about balls and conviction. It was dropping hard, and everyone writing it off, but I stuck to my guns.

  49. EX says:

    Good for you Pumps. People are always looking for a way to make $$

  50. EX says:

    1:41 If AI allows whatever system you are using to become more intuitive then I say, sure why not. If it assists as I hope it was designed to do rather than “replace” then I say OKAY. Of course I might be wrong…..as usual

  51. chicagofinance says:

    WSJ
    Economy
    Housing
    Heard on the Street

    America’s Homes Are Piggy Banks That Few People Can Afford to Raid

    Only a minority of mainly older homeowners are in a position to take advantage of the historic run-up in house prices

    By Carol Ryan

    Nov. 15, 2024 5:30 am ET

    Here’s one of the most striking trends in the U.S. right now: Homeowners are sitting on a record $35 trillion of equity, more than double what had built up on the eve of the 2008 housing crash.

    Skyrocketing property values are dividing Americans into three broad camps: those that are now locked out of homeownership, those that are effectively stuck in their current homes, and a lucky minority who have the flexibility to cash out at a historic high.

    Things are bleak at the base of the U.S. housing ladder. After a run-up in home prices during the pandemic, property values continued to increase even as interest-rate hikes made mortgages less affordable.

    This has changed who walks through real-estate agents’ doors. The share of sales to first-time buyers has dropped to a record low 24%, according to a recent report by the National Association of Realtors, or NAR.

    And first-time buyers who do show up have aged almost a decade. Traditionally, Americans got a foothold on the property ladder during their late 20s. Today, the median age of first-time buyers is 38. By the time many Americans can afford a home now, they have missed out on 10 years of wealth creation that older generations enjoyed.

    There is a gender element, too. Single women buying their first home are six years older than single men. Lower median incomes mean they need more time to save a down payment. However, they are giving priority to getting on the housing ladder. At 20%, single women’s share of first-time home purchases has jumped to more than double that of single men.

    Homeownership is a luxury that many young families can no longer afford. Nearly three-quarters of people who bought homes between July 2023 and June 2024 had no children under 18 living with them—another all-time low in the NAR’s records. True, falling birthrates and the fact that couples are starting their families later play a role here. But it is also a sign that more American parents are stuck renting. Unable to lock in their housing costs with a 30-year, fixed-rate mortgage, they are exposed to future rent inflation.

    Millions of households lucky enough to be on the property ladder face a different set of issues. Existing homeowners are becoming much wealthier on paper as house prices rise. They are sitting on $315,000 of equity on average, up from about $186,000 at the start of the pandemic, data from CoreLogic shows.

    But tapping that bounty isn’t easy: If owners decide to move, they would have to take on a much more expensive mortgage. Almost seven in 10 existing borrowers have a rate below 4.5%, based on an analysis by Jim Egan, Morgan Stanley’s U.S. housing strategist.

    A smaller group representing about a quarter of all mortgage holders were savvy enough to buy or refinance their homes when borrowing costs hit all-time lows during the pandemic and now enjoy a sub-3% rate.

    This group has the least incentive of all to sell and sacrifice their historically low housing costs. However, the trade-off is no freedom of movement.

    It isn’t cheap for owners to tap their equity in other ways either. The average rate on a home-equity loan is 8.41%, according to Bankrate data. A home-equity line of credit is even more expensive.

    But today’s housing market is a gold mine for anyone who owns outright. This group represents almost 40% of American homeowners and includes anyone wealthy enough to not need home financing at all, as well as people who have lived in their property long enough to have paid down most of their mortgage or cleared it entirely.

    Unsurprisingly, older people are very active in the current housing market. The typical age of sellers has reached an all-time high of 63. Many among this generation had to stretch to buy their first home in the 1980s, when affordability was also poor. They are now able to fund a comfortable retirement using the wealth stored in their homes. However, owners in some parts of the country might have a short window to cash out at the top of the market. Home prices are starting to fall in certain states, notably in areas of Texas and Florida.

    House hunters have been stuck on the sidelines hoping that mortgages will become more affordable as the Federal Reserve cuts interest rates. But the opposite is happening. The weekly average rate on a 30-year fixed-rate loan is now back at 6.78%, up from 6.09% the week the Fed began loosening in mid-September, Freddie Mac’s latest data shows.

    Mortgage rates are more closely tied to what is happening with the 10-year Treasury yield than short-term interest rates set by the Fed. Investors’ concerns about the size of the U.S. fiscal deficit and the possibility of more inflationary policies under a second Trump administration have pushed the 10-year yield back to 4.43%. Historically, 30-year mortgages have been priced at a roughly 2-percentage-point spread to the Treasury yield.

    So what if today’s mortgage rates are the new normal? At 6.78%, the monthly repayment on a median-priced home eats up over a quarter of the median U.S. household income. That is more than even the peak of the 2008 housing bubble.

    Without lower home prices, the difficult situation that younger home hunters and families find themselves in could crystallize. Older Americans are enjoying a golden era to cash out, but the wider benefits of this strange housing boom are hard to see for anyone else.

  52. Fast Eddie says:

    I think Tyson is going to beat this guy quickly. Tyson’s an animal, not of this earth. And he looks like he’s on a mission… I mean a seek and destroy and mission. The Terminator! You don’t lose punching power as you age and Tyson still looks quick. I called the election a few days before within minutes of being off, I think I’ll ride this one and say Tyson in two. He slapped that dude and he never saw it coming. This guy hasn’t faced anyone like Tyson, old or not. He’s scared shitless, guaranteed.

  53. Phoenix says:

    Rich people problems:

    When Kevin Howells saw the video, he knew the bear he was watching probably wasn’t a bear at all.

    Detectives with California’s insurance department asked Howells, a biologist with the state Department of Fish and Wildlife, to look at footage submitted by people seeking insurance payouts for car damage from bear attacks. An insurance company that received one of the claims had raised suspicions to state officials that the bear might not be real.

    “As soon as the bear came into frame, to me, it was pretty quick and fairly obvious that it was not,” Howells said.

    Four people were arrested Wednesday for allegedly submitting the fake videos and defrauding companies of about $140,000, the California Department of Insurance announced. The videos submitted to the insurance companies actually showed a human dressed as a bear, the department said, adding that its detectives had found a bear costume when searching the homes of the four Los Angeles-area residents who were arrested. The group allegedly submitted similar videos and photos to at least three different insurance companies claiming a bear had damaged their cars, including a Rolls-Royce and two Mercedes, officials said.

  54. Phoenix says:

    Hehe

    From the start, Howells noticed that the bear in the video moved differently from how bears usually do. Then he spotted “visible slack in the suit,” he said, noting that if it were a real bear, its fur would be taut against its body. When the bear approached a car door in one of the videos, it seemed to have no trouble with the handle.

    Another telling sign: The damage appeared too clean and neat to have been caused by a wild bear, Howells said.

    Along with the videos, the insurance claims included photos showing rows of faint lines on the damaged cars’ doors and seats. Those who submitted the images said the lines had come from the bear’s scratches.

    But some of the photos showed a line of six scratch marks reportedly from the animal. Bears have five toes.

  55. EX says:

    2:55 Tyson will have to come out strong and fast.
    You don’t want to try to outlast a kid half your age.

  56. The Great Pumpkin says:

    Fast,

    Agreed with everything you said….

  57. RentL0rd says:

    The news these days is unbearable

  58. The Great Pumpkin says:

    Ex,

    Thanks! Appreciate it.

    Bonk is about to break ath….aka price discovery zone. Hardest area to trade. Going to be working my ass off trying to come out ahead.

    This game is not easy. Whosoever says it is, is lying. Patience, discipline, no emotion, and a little luck to win. Why few win…

    And technical analysis is everything….you have to know your competition and your competition is using TA. It’s not a science, but gives insight to your competitors moves. When they are likely to sell, when they are likely to buy.

  59. RentL0rd says:

    I’m too heavy on S&P with the shiny metal no where enough to balance. I am just glad I talked my fund manager into getting rid of emerging markets.

  60. The Great Pumpkin says:

    Biggest factor….understanding human emotion combined with human nature. If you don’t understand this aspect of the market, you will get absolutely destroyed in crypto. This isn’t for the faint of heart….like you know with biotech. Emotionally driven markets as opposed to it being driven by earnings.

  61. RentL0rd says:

    Pumpkin, earnings and crypto don’t go together.

    Crypto is and will be a speculative market.

    Also, which crypto BTC? DOGE ETH? It is such a fragmented market. Mining is so super inefficient and the fundamentals which made it attractive to begin with does not exist.

    For crypto to take hold there needs to be WW3. Which may not actually happen any more now that Trump will happily sell off our (and the world) freedoms to Putin.

    And if indeed there is WW3, nothing matters anymore.

  62. Juice Box says:

    Nintendo prepared us for this fight 25 years ago.

    https://imgur.com/gallery/nintendo-prepared-us-this-moment-XMFULNx

  63. Phoenix says:

    America has overleveraged itself. Just wait till the rest of the world aligns itself against the West.

    This is how World Wars start.

    RentL0rd says:
    November 15, 2024 at 7:03 pm
    And Germany falls first on its knees.

  64. Phoenix says:

    Trump loves those blondes. Hehe

    Trump picks Karoline Leavitt to be the face of the White House as press secretary
    The 27-year-old will be the youngest White House press secretary in history

  65. RentL0rd says:

    Leave it, We don’t need no brains. HeeHaw

  66. RentL0rd says:

    Here’s my theory. Bear with me …

    A real boss would want capable people around him – if anything just to make his own job easy. The reason Don wants these immature, proven incapable, in experienced folks with pretty faces is something of a quandary.

    The only reason I can think of, is that he really does NOT want to govern. He wants to put up a show. And why would he do that?

    My reasoning is that he has sold out to Putin.

    “The obvious is least understood” – Prince Klemens

  67. Fast Eddie says:

    It appears that I was off with the Tyson prediction, just a tad.

    Move on folks, nothing to see here.

  68. SaturdayMorning RentLordIntervention says:

    RentLord,

    OrangeTurd is our Gorbachev.

    Gorbachev’s sin in the eyes of the old commies is that he did not fight for the Soviet Union. At heart is that Gorbachev did not understand that social repression was a feature not a bug or running the Russian Empire/Soviet Union and Putin understands this.

    Why is best described in this old grainy video. Is phd for phd crowd, so drink plenty of coffee and might need notebook and pencil for note taking.

    https://youtu.be/moAwkzPSxAo?si=t0LpdspOXqkRxao2

    Orange Turd is our ignorant Gorbachev. Putin definitely has compromised him and his crowd. The biggest danger is his ignorance to the bigger machinations. My fear is that Putin understands a lot about multi-ethnic societies.

    One of the well know rule of thumbs is that the more multi-ethnic centers (kaleidoscope) the more repression a society requires to function because of the built in nature of social/ethnic classes as someone always will be on top. Compare that with a e pluribus unum (melting pot) approach where previous ethnicities are washed away into something new. In the Soviet Union that was the point of communism, to help alleviate the ethnic tensions by replacing with communal ideology based cohesion and a good amount of state based repression to keep it in check.

    So what the pressure of willingly or unwillingly greedy tech apps, a Putin et al, along with the Orange Turd’s personal vanity and psycopathy are trying to do is to break apart the ehtnic divisions in the American society that already has atomized socially (red/blue/male/female/religious,etc) and economically (working class red/college grad blues/0.01% Tech-Wall Street-Oil Feudalist wanna be).

  69. SaturdayMorning RentLordIntervention says:

    Rentlord,

    In conclusion. Putin’s goal is social upheaval because either we break apart or need repression to stay together. And unlike the 1865 civil war, present technology and the mish mash of religious/techno feudalist ideologies running around will guarantee a police state.

    So no more free society / rule of law / democratic elections / European liberal enlightment traditions with the Statue of Liberty shining the way. Think the movie Elysium with the ruling elites sconded away just like the gated communities outside Moscow that keeps the plebes away from Putin’s elite.

  70. SmallGovConservative says:

    SaturdayMorning RentLordIntervention says:
    November 16, 2024 at 9:47 am
    “is our ignorant Gorbachev. Putin definitely has compromised him…”

    Muy estupido!!! While (normal) men have all but abandoned the Dem party, this dope convinced himself it was OK to vote for Carmella — and is still peddling the Russia hoax. TDS, yes!

  71. SmallGovConservative says:

    RentL0rd says:
    November 15, 2024 at 3:56 pm
    “The news these days is unbearable”

    Only for hysterical women and weirdos. Of all the stooges on this site you seem to be suffering the most. Hope you find help soon; as it is, you and Phoenix are already neck and neck for ‘Most Likely to Snap’

  72. Fast Eddie says:

    SaturdayMorning RentLordIntervention,

    Ethel to Tilly, Ethel to Tilly, come in Tilly!!

  73. Phoenix says:

    I’m enjoying the news. I love that Scholtz talked to Putin, something Kamala refused to do.
    Trump’s attitude is perfect for America. Putin will take all of the rest of Ukraine. That will solve that problem at least.

    SmallGovConservative says:
    November 16, 2024 at 10:53 am
    RentL0rd says:
    November 15, 2024 at 3:56 pm
    “The news these days is unbearable”

    Only for hysterical women and weirdos.

  74. Phoenix says:

    Now that is one sexist comment. Hehe.

    SmallGovConservative says:
    November 16, 2024 at 10:53 am

    “Only for hysterical women”

  75. Juice Box says:

    Just in from a soccer match this morning. Super dry and dusty. Humidity is only 32%.

    https://www.msn.com/en-us/weather/maps/humidity/in-

  76. SaturdayMorning RentLordIntervention says:

    BTW –

    Those Phds in the above posted video are what the OrangeTurd MaGAturds call the Deep State. People that are smart, somewhat nerdy, they don’t look like Indiana Jones, but do the same stuff and have spent a significant part of their life researching, investigating and working on problems for the benefit of the country.

    What MAGATurds want is the Moron State, filled with jewish space lasers, voting machine changing satellites and other fantasies that would make in the deepest of his schizophrenia Phillip K. Dick blush.

  77. OC1 says:

    A real boss would want capable people around him – if anything just to make his own job easy. The reason Don wants these immature, proven incapable, in experienced folks with pretty faces is something of a quandary.

    My theory is that Trump wants to make life miserable for people at HHS, DOD, DOJ, etc. so that many quit and he can replace them with his loyalists.

  78. RentL0rd says:

    Intervention, you are on to something…

    Smallwhatever, the “unbearable” comment was about Phoenix’s news about bears and insurance fraud. But of course humor is not something MAGA understands.

  79. RentL0rd says:

    OC1, With his current power he does not need to make anyone’s life miserable to send them to the guillotine. So that theory does not hold water.

    Smallpenis, what is your theory on why he wants dumb f2cks?

  80. EX officio says:

    The Market has spoken. Trump is a fool.
    I doubt we’ll see another run up anytime soon.

  81. EX says:

    10:53 oh they’ll be plenty of suffering soon enough.
    It’ll be least two years of endless chaos. You got what you wanted!
    Best of luck. And I mean that. Suffering? Nooooo. Agitated? Yes.
    I don’t want to rub it in too hard but I live in a $1m home with an absolute babe,
    A kid who is thriving, and a shit ton of toys….I am not suffering.

  82. RentL0rd says:

    Intervention, just viewed/ listened to the video and took (mental) notes. Amazing insigh and honestly a bit over my head. A must listen for anyone trying to understand our own current situation.

    Your summary is spot on and needs to be repeated:

    In conclusion. Putin’s goal is social upheaval because either we break apart or need repression to stay together. And unlike the 1865 civil war, present technology and the mish mash of religious/techno feudalist ideologies running around will guarantee a police state.

  83. Fast Eddie says:

    And unlike the 1865 civil war, present technology and the mish mash of religious/techno feudalist ideologies running around will guarantee a police state.

    Which reminds me; I read that the women’s handmaiden uniforms will be mailed out before the inauguration. For men, it’ll be brown shirt and trousers, three pairs, to be picked up at locations where passport renewals are submitted. The requirements for tattoo stamp IDs will be announced at a future date.

  84. Phoenix says:

    Putin didn’t cause this, America did it to itself.

    In conclusion. Putin’s goal is social upheaval because either we break apart or need repression to stay together.

  85. Phoenix says:

    Bet Putin did this too:

    Southwest aircraft full of pax struck by bullet in Dallas.

    Hmm, guess that flight is delayed.

  86. RemtL0rd says:

    Waiting to pick up my uniform. Eddie, let me know when you are going. I would lkke to ride the bus with you.

    In other news, the have it alls want something from those who lost it all:

    https://www.nbcnews.com/business/business-news/elon-musk-x-corp-alex-jones-infowars-rcna180487

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