Greedy boomers living too long

From Fortune:

The ‘Oracle of Wall Street’ says home prices need to fall 20% to end the ‘generational schism’

Baby boomers own more homes than millennials and Gen Zers, creating a “generational schism” in the world of housing, according to Meredith Whitney, the “Oracle of Wall Street,” who predicted the Great Financial Crisis.

Boomers aren’t selling, and that’s a problem. “They’re not selling because they’re aging in place, because they can’t afford to go anywhere else,” Whitney said last week in an interview with CNBC. “Until they sell, you’re going to have this real standoff between sellers and buyers.”

So what’ll it take? Well, home prices have to fall; Whitney said prices need to drop about 20%. But that price decline would only take us to the price levels of three or four years ago before the pandemic and its corresponding housing boom. Plus, people would still have a lot of equity in their homes, Whitney explained, so it wouldn’t be a housing crash.

At this point, it doesn’t make sense for a lot of people to sell their homes because they have either locked in a low mortgage rate or own their home outright. To give that up would likely mean a much higher mortgage rate, and a much more expensive home. Considering an unwillingness to sell from older generations, that leaves fewer homes for younger generations to buy; those that are for sale are, in some cases, unaffordable because prices continue to rise since supply is tight—and mortgage rates are higher than what people are used to.

In some cases, people list their homes at exorbitant prices and sell if they get an offer, or stay if it doesn’t meet their expectation, Whitney said. Sales are depressed, particularly at the middle and lower tiers of the market, whereas luxury is sort of carried by all-cash offers, she added. “Something has got to give in the regular market,” Whitney said. “I think you’re going to start to see home prices go down.”

“For homes to be affordable, that’s going to have to happen,” she added. Whitney said she wrote a letter to whoever won the presidential election, telling them they have to let home prices drop, and it wouldn’t be the end of the world, for one, because “demand may be overstated.” (She didn’t provide any other details on the letter.)

In an interview with Fortune earlier this year, Whitney said she sees home prices falling 30% partly because young, single men are living at home, playing video games.

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

170 Responses to Greedy boomers living too long

  1. EX says:

    F-ck Maga Fiiiirst

  2. grim says:

    Ok what Thursday are we looking at for this gtg.

    Dec 5, 12, or 19?

  3. Fast Eddie says:

    I’m flexible, literally and figuratively. ;)

  4. Juice Box says:

    Re: boomers can’t “go anywhere else”

    Errr there are 65 million boomers alive Whitney do you expect them to all move to Florida or Arizona?

  5. Fast Eddie says:

    Die Boomers, Die!!

    A 20% drop? Maybe if the majority of boomers nationwide list their house this weekend. The mortgage rate’s the key, drop the rate 150 basis points and you may see a flow.

  6. grim says:

    SpaceX/Starship test at 4pm today, the last test flight was spectacular.

  7. Hak Tua, Chief grabs 'em by the pussy says:

    I thought we would do it this Thursday. Well, if we are not, then the only December date that works for me is the 12th. Thanks Grim. It’s about time.

  8. Juice Box says:

    Very fast turnaround on the Starship from launches this year in addition to complete rework of Starship’s design of the entire thermal protection system with newer-generation tiles, a backup ablative layer, and additional protections for the flaps.

    This one can probably land on a pad. I think however they are going to dump it in the Indian Ocean again, because the FAA won’t approve other flight paths.

    That won’t be the case next year.

  9. Fabius Maximus says:

    I can do this Thursday. There is a chance that Mrs Fab makes a guest appearance.

  10. Fast Eddie says:

    Fabius,

    Look above – Dec 5, 12, or 19

  11. Chicago says:

    Ten 437

  12. Chicago says:

    Waiting for a Pumps post that he bought SMCI at 17.25 right before BDO stepped in.

  13. Hak Tua, Chief grabs 'em by the pussy says:

    I don’t believe a word that comes out of that fools keyboard.

  14. BRT says:

    They got your plastic bags, they got your straws, now they are coming for your bird feeder.

  15. Phoenix says:

    Elon got ya covered, Paypal Mortgage.

    The new administration is widely expected to resume a push to remove Fannie Mae and Freddie Mac, the two national mortgage behemoths that buy up huge quantities of loans, from government control.

    The firms are deeply embedded in the workings of housing finance in America, and the popular 30-year fixed rate mortgage simply wouldn’t exist without them. Fannie and Freddie don’t make mortgage loans directly, but rather buy and package them into securities. Together, the companies guarantee about half of existing home loans.

    The arrangement brokered more than 15 years ago was never meant to be permanent. But while some economists and policymakers have since taken a “don’t fix what’s not broken” approach, Trump’s advisers are widely expected to try to finish what they started before the pandemic hit. Many conservatives believe the government shouldn’t directly control such large businesses and that companies like Fannie and Freddie need buffers against the political agendas of a sitting White House.

  16. BRT says:

    SMCI reminds me of the last days of Silvergate.

  17. Phoenix says:

    God sent you Covid, and you whiffed on it-you might get a second chance with H5N1 but probably not this year.

    Baby boomers own more homes than millennials and Gen Zers, creating a “generational schism” in the world of housing, according to Meredith Whitney, the “Oracle of Wall Street,” who predicted the Great Financial Crisis.

    Boomers aren’t selling, and that’s a problem. “They’re not selling because they’re aging in place, because they can’t afford to go anywhere else,” Whitney said last week in an interview with CNBC. “Until they sell, you’re going to have this real standoff between sellers and buyers.”

  18. Phoenix says:

    The Peoples Repulic of NJ never disappoints.

    BRT says:
    November 19, 2024 at 10:10 am
    They got your plastic bags, they got your straws, now they are coming for your bird feeder.

  19. Hak Tua, Chief grabs 'em by the pussy says:

    And your flouride.

  20. Phoenix says:

    Juice,
    That last Mega Starship appears to be damaging structures far from it’s landing point.

    Elon may have to pay for homes, or pay structural damage bills.

    Thing must be a beast.

    The loudest noise during the test came not during the Starship liftoff, as the giant rocket powered by 33 engines rose into the sky. Rather, the test data indicated that the peak noise was generated by the sonic boom about 6.5 minutes after liftoff, as the first-stage booster returned to the site for its self-landing at the launchpad.

    During liftoff, the city of Port Isabel’s sound impact reached a maximum of 105 decibels, the data shows. That is roughly equal to the noise level emitted during an average rock concert or use of a chain saw. As the first-stage booster returned, the maximum perceived noise level in Port Isabel and South Padre Island was about 125 decibels, which is equivalent to a gunshot at close range.

    As that sound hit the community, it briefly created an overpressure event exceeding 11 pounds per square foot, compared with the maximum eight pounds per square foot in South Padre Island that the F.A.A. had projected in October.

    Separate tests were conducted last month by a sound consultant, Terracon of Houston, hired by city officials in Port Isabel. Officials there have been increasingly concerned that the SpaceX launches might be damaging homes in the small city of about 5,000 residents.

    Terracon found a peak sound pressure level of 144.6 decibels as the rocket descended, which is also higher than Port Isabel expected, said the city manager, Jared Hockema.

    “We are all for economic development and the work SpaceX is doing,” Mr. Hockema said. “We just want economic development that takes place in a manner that follows the law and does not hurt existing residents or the environment.”

  21. Juice Box says:

    Jersey Mike’s sold….$8 billion to Blackstone…

    Not bad for a kid from Point Pleasant.

  22. Hak Tua, Chief grabs 'em by the pussy says:

    He must have really been impressed by DeVito.

  23. Phoenix says:

    This guy has interesting videos. Never knew this:

    https://youtu.be/sH1PVVJuBtE?t=527

  24. RentL0rd says:

    I can’t do this Thursday.

    Next Thursday will be interesting since our oldest kid said he’ll bring his gf over – who seems to come from a deep MAGA family. God help us!

  25. OC1 says:

    They got your plastic bags, they got your straws, now they are coming for your bird feeder.

    Just the other day I was in the supermarket and was thinking how easily everybody adapted to the plastic bag ban.

    But the proposed bird feeder rules (like you need to empty it or bring it inside every night) seem a bit extreme to me.

  26. Fast Eddie says:

    Look at the dates Grim posted, people!! I feel like you kids are my colleagues, needing to constantly point out the obvious!! ;)

  27. Phoenix says:

    Guess then he can just grab her by the pussy and bring her there.

    RentL0rd says:
    November 19, 2024 at 10:49 am
    I can’t do this Thursday.

    Next Thursday will be interesting since our oldest kid said he’ll bring his gf over – who seems to come from a deep MAGA family. God help us!

  28. Phoenix says:

    A proposed Alabama law would require that all men get a vasectomy after they turn 50 or after the birth of their third child, whichever comes first.

    The bill’s sponsor, Democratic state Rep. Rolanda Hollis, said the measure gives perspective to reproductive health laws, including the state’s contested abortion ban.

    “It always takes two to tango,” she told AL.com. “We can’t put all the responsibility on women. Men need to be responsible also.”

  29. Hak Tua, Chief grabs 'em by the pussy says:

    In Alabama, perhaps that number should be lowered to zero?

  30. Phoenix says:

    His Wiki makes him out to be a good guy. There is hope.

    President-elected Donald Trump is expected to nominate Wall Street banker Howard Lutnick as commerce secretary

  31. Phoenix says:

    https://en.wikipedia.org/wiki/List_of_people_from_Alabama

    Hak Tua, Chief grabs ’em by the pussy says:
    November 19, 2024 at 11:21 am
    In Alabama, perhaps that number should be lowered to zero?

  32. Hak Tua, Chief grabs 'em by the pussy says:
  33. Fast Eddie says:

    Floyd Vivino… ran into him a number of times. He came to a cousins party a few years ago, entertained for an hour. He has records in the thousands. God only knows how many songs he can play on the piano.

  34. BRT says:

    OC1, if you mean adapted to, half of the places I go to give out plastic bags anyway. They all put their straws out. And those that “comply” just fill everything in the reusable bags as if they are disposable. Personally, I just shop in PA now.

  35. OC1 says:

    Personally, I just shop in PA now.

    I actually prefer using my own bag. 1 big Home Depot bag holds all my groceries, and I’ve never had one break.

    Going to PA just so you can get plastic bags seems a little extreme to me, but to each his own.

  36. BRT says:

    I live on the border, and everyone in Buck’s County is a lot more pleasant. It’s a nicer experience overall. I use the bags in my small garbage cans. I have about 20 reusable bags at this point in NJ. We aren’t saving the planet here. Every packaged good you buy at the store has orders of magnitude more plastic than the bags that would house them. If you really want to save the planet, go back to glass and paper. Biodegradable, really recyclable, and sustainable.

  37. SmallGovConservative says:

    OC1 says:
    November 19, 2024 at 10:55 am
    “Just the other day I was in the supermarket and was thinking how easily everybody adapted to the plastic bag ban.”

    What was the goal of the plastic bag ban? Has the guv issued an update to confirm whether the plastic bag ban has been successful? Of course not; it’s simply been another inconvenience for law-abiding, tax-paying citizens so that the useless Dems can virtue signal. Meanwhile, in FL you can still get plastic bags if you want, and the roadsides and medians are immaculate and manicured, while NJ’s blighted, littered roadsides look like Tijuana in many places.

  38. OC1 says:

    Well my point is that, despite all the histrionics when the bag ban went into effect, NJers adapted quite well, and nobody (except for the crazies) seems to be bothered by it anymore.

    As for “roadsides and medians are immaculate and manicured (in Florida)” maybe you should travel outside the touristy areas.

  39. RentL0rd says:

    Touristy vs non-touristy city cannot be over stated.

    I was in Quebec City in Summer. Old Quebec City is beautiful, quaint, expensive restaurants and fancy french speaking service. Come down the hill into new Quebec city and it’s just a shit hole. Homeless everywhere, plastic trash all over and even had a couple of stoned homeless guys chasing our car.

  40. Fast Eddie says:

    What was the goal of the plastic bag ban?

    It’s symbolic. The modern dem party is about appearances, not solutions.

  41. EX says:

    1:10 Okkkkkay. Let’s see how many “solutions” you guys come up with over the next “2” years. Project 2025…..bahahahhahaaaaaa Oh you rubes.

  42. Hak Tua, Chief grabs 'em by the pussy says:

    Trump already found one solution. How to stay out of jail.

  43. EX says:

    Wall Street Journal had an interesting OP Ed. Seems like people are just plain tired of the DEMs nonsense and want someone to bring the US back to Normal. Should be interesting how that plays out. I am certainly entertained.

    My prediction is that in two years the economy will be so bad, people will be screaming for new leadership, but it’ll be too late. The Dems are the GOP is clueless and anyone with the imagination and the means will be sheltered from the chaos.

  44. Boomer Remover says:

    Meanwhile in the desert:

    6/17/2022 Listed for sale $1,995,000+71.2%
    2/24/2021 Sold $1,165,000-0.3%$596/sqft
    8/6/2020 Listed for sale $1,195,000+55.2%$611/sqft
    4/10/2020 Sold $770,000-35.6%$394/sqft

    h**ps://www.zillow.com/homedetails/7137-E-Rancho-Vista-Dr-UNIT-7008-Scottsdale-AZ-85251/81991386_zpid/

  45. Hak Tua, Chief grabs 'em by the pussy says:

    Speaking of the desert.

    “Las Vegas realtor shot, killed by police after calling for help during home invasion”

    https://www.usatoday.com/story/news/nation/2024/11/18/brandon-durham-las-vegas-police/76401735007/

  46. Juice Box says:

    Finland which just joined NATO in April of this year wants to involve article 5, per their female foreign minister.

    Look woman how about sending some divers down to look at the fiber cable cut before starting WWIII?

  47. RentL0rd says:

    7:49
    >> I’m flexible, literally and figuratively. ;)

    Eddie is also flexible with his morals.

  48. BRT says:

    Call me crazy but an old man with dementia shouldn’t be allowed to try to ignite World War 3…especially after he was kicked out of the race by his own party.

  49. grim says:

    Lol, spacex to start streaming at 4:20

  50. OC1 says:

    Finland which just joined NATO in April of this year wants to involve article 5, per their female foreign minister.

    Look woman how about sending some divers down to look at the fiber cable cut before starting WWIII?

    Article 5 doesn’t require NATO to do any kind of armed response, just that they assist the member who’s been attached. That assistance can be non-military.

  51. Hak Tua, Chief grabs 'em by the pussy says:

    Wow, Dr. Oz.

    Be proud MAGA.

    I wonder what cabinet position Spongebob gets?

  52. chicagofinance says:

    The bag ban is ridiculous and inconveniences me every weekend. I shop for the entire household, but am constantly switching cars. I find myself pointlessly juggling individual items. The part that really bothers me is the idea that Murphy pats himself on the back, yet, when does HE ever go shopping. Pampered prick.

    OC1 says:
    November 19, 2024 at 12:53 pm
    Well my point is that, despite all the histrionics when the bag ban went into effect, NJers adapted quite well, and nobody (except for the crazies) seems to be bothered by it anymore.

  53. Hughesrep says:

    Neither Dr Love nor Dr Feelgood were available

  54. Hak Tua, Chief grabs 'em by the pussy says:

    Mt. Murphy, in the corner of our dining room, gets larger and larger. So much so that we find ourselves giving away bags to food shelters. We never buy them either. We just keep seeming to aquire them. I don’t think we saved the environment at all. And supposedly, the production of many of these reusable bags use a ton of energy and is heavy polluting. Kind of like the manufacture and disposal of electric car batteries.

  55. Juice Box says:

    No “chopstick” catch today for the booster oh well.

    Starship stuck the landing in the Indian Ocean, too bad they did not have a drone ship to catch it.

  56. Juice Box says:

    I always bring an extra empty bag and give it to someone inline at self checkout that does not have one. Pay it forward folks.

  57. Hak Tua, Chief grabs 'em by the pussy says:

    I give mine away as often as possible.

  58. EX says:

    Even CA has bags, they’re 10 cents each.

  59. Juice Box says:

    Ex – 10 cents? Not around here..no paper bags allowed….

    You must stockpile the reuseable plastic bags and even ShopRite charges and extra $1.50 plus tax if you order online delivery that only covers the delivery bags…….

  60. Juice Box says:

    I am not knocking the idea of eliminating plastic bags folks…..it would be fine if we only had paper bags….

  61. OC1 says:

    IMO, if you’re still stewing about the bag ban after all these years, you need to take a chill pill.

    Just accept it as part of the little “friction of life” stuff that we all deal with everyday.

    Your blood pressure will thank you!

    Namaste

  62. Fabius Maximus says:

    I should be able to do any Thursday.

    The 12th I have to do a Zoom court date with the town. I take the bus into the city every now and then. I had to head in to the NY office and I parked in the bus lot, in a car without a resident sticker. The PD could have run the plate an wrote a warning, but banged me with a $100 ticket. The stickers are free and I have them on most of my cars, just not the one I drove that day.

    No Veterans days cookies for them going forward.

  63. SmallGovConservative says:

    OC1 says:
    November 19, 2024 at 7:01 pm
    “Just accept it as part of the little “friction of life” stuff that we all deal with everyday.”

    You Dem stooges are beyond help. The friction that you’re so willing to accept, is heaped upon you by blue-state Dem politicians — who don’t know how to do anything except make life difficult for law-abiding, tax-paying citizens — precisely because there are more of you that are willing to accept it, than there are of us who don’t want to accept it. This particular friction doesn’t exist in FL for example, where you can have plastic bags AND clean roadsides. As a Jew, you can go to college in TX and not be harassed and barred from parts of campus — a ‘friction’ that you very well may have to live with in a blue-state. As a red-state parent you’re never going to have your kids forced into remote learning so that the sanctuary Dems can use the school building for illegal immigrants — as happened last year in NY. Here’s to hoping you guys get Carmella and Tampon Tim again in 28!

  64. Juice Box says:

    G20 – No Biden… too slow to make it for the pic.

    Note Russian minister Larov is there. Why no arrest? He is already no fly zone everywhere else yet no jail? Here is their chance…

    https://x.com/Kanthan2030/status/1858780185929379996/photo/1

  65. Fabius Maximus says:

    The biggest impact of the Plastic bags for me was losing the Shopping baskets at my local ShopRite. The manager told me that people were doing their shopping and just dropping the basket into the back of their car.

    I dont mind the bags and I get the Chi, multi-car multi bag dance. Its a pain, but livable.

  66. OC1 says:

    Man, doesn’t take much to set off SmalGov, does it?

  67. Fabius Maximus says:

    Dr Oz to run Medicade.

    Weightloss drugs (Speed) for all !
    https://www.youtube.com/watch?v=7TBwFfjXd3s

  68. BRT says:

    You seem to think that we’ve actually reduced plastic consumption. There was a report not too long ago that said because people were using the thicker plastic bags as essentially disposable after 3 uses, we ended up consuming more plastic, not less. Good intentions don’t always lead to good outcomes.

  69. BRT says:

    btw, the supermarkets in NJ lobbied to ban the paper bags as well because they wanted to sell you these plastic bags. So much for the environment.

  70. EX says:

    7:56 no, he’s a moron. Anyway …,

  71. EX says:

    It’ll be great to be lied to and gaslit for the next few years
    By one of the biggest douchebags to ever fog a mirror.

  72. OC1 says:

    You seem to think that we’ve actually reduced plastic consumption.

    Never said that. I really have no idea.

    But i do find it kind of funny that we’ve got like 20 posts about plastic bags.

    Didn’t know that my observation that NJers have adapted to the bag ban was so controversial!

  73. Fast Eddie says:

    “Tren De Aragua now has footholds in California, Colorado, Florida, Georgia, Illinois, Louisiana, Nevada, New Jersey, New York, North Carolina, Tennessee, Texas and Wisconsin.”

    I hope they don’t disrupt transgender story time.

  74. njtownhomer says:

    Next would be Surgeon General Dr. Phil.
    Gaetz may be subbed with Judge Judy

  75. Libturd says:

    Tren De Aragua now has footholds in California, Colorado, Florida, Georgia, Illinois, Louisiana, Nevada, New Jersey, New York, North Carolina, Tennessee, Texas and Wisconsin.”

    What’s to worry? Trump promised they’ll all be deported.

  76. White Trash Eddie says:

    What’s to worry? Trump promised they’ll all be deported.

    Well, if the democrats didn’t rig things four years ago, this gang would’ve never crossed the border in the first place. And, Trump would be out of office in a matter of weeks now. But, as it goes, the left shot themselves in the head and not only did we witness the greatest political comeback in history, we’re about to shake out the bloated abuse and leeches at the FED level. Decisions have consequences but who would’ve thought we’d see the death of the progressive left and all their weirdness?

  77. Hak Tua says:

    Gary,

    Lots of likely empty promises. I mean, he’s built a cabinet of television stars. These people are all generally actors and actresses. Someone writes nearly every word they speak. You won the election. But I’m still convinced you and the electorate were duped by the greatest showman on Earth. Based on his appointments, he has surrounded himself with lots of yes men who all kissed his ring. Hardly a swamp draining. More of a thank you for your support. Just how the establishment Dems did it.

  78. BRT says:

    Didn’t know that my observation that NJers have adapted to the bag ban was so controversial!

    It’s not controversial, it’s just pointless optics that people don’t care for. I go out of my way every day to do things beneficial for the environment. I compost my coffee grinds, banana peels, egg shells, and any vegetable kitchen scraps. I save every plastic yogurt container I’ve ever had and grow a new fruit tree in each one and give them out as gifts to people to plant. I’m fully on board with doing whatever I can to help the environment.
    The bag thing is ineffective and stupid.

  79. Juice Box says:

    Up to an inch of rain tonight starting at 10 PM….

  80. Phoenix says:

    I do the opposite. Just throw everything out. Don’t make it convenient, don’t care.
    Exception is motor oil. It’s convenient for me to bring that to AutoZone.

    Can’t save the world.

    BRT says:
    November 20, 2024 at 9:43 am
    Didn’t know that my observation that NJers have adapted to the bag ban was so controversial!

    It’s not controversial, it’s just pointless optics that people don’t care for. I go out of my way every day to do things beneficial for the environment. I compost my coffee grinds, banana peels, egg shells, and any vegetable kitchen scraps. I save every plastic yogurt container I’ve ever had and grow a new fruit tree in each one and give them out as gifts to people to plant. I’m fully on board with doing whatever I can to help the environment.
    The bag thing is ineffective and stupid.

  81. Phoenix says:

    Chicken Shite Biden move. Drop a bomb and run away. If America had real courage they would keep it open.

    Country of pushbutton warriors.

    It’s like a Nancy Kerrigan attack.

    U.S. Embassy in Kyiv closes over attack fears after Ukraine strikes Russia

  82. RentL0rd says:

    The new admin is on a war on education. Especially higher education. No more scholarships at State Universities. While Asian countries are putting more in for educating their brains, we are on a WWF path against.

    Is nobody else – Trump supporters included, outraged? When will the cult honeymoon end? Sure, nobody is in the office yet.. but it’s just a matter of a months.

  83. Hak Tua says:

    From Yahoo Finance. Shared because this is how I see it.

    Trump’s plan to slap new tariffs on imports and deport millions of undocumented migrants won’t do anything to restore the sort of high-paying manufacturing jobs millions of Americans relied on 50 years ago. Automation, artificial intelligence, and agile supply chains provide the efficiency big companies crave. They don’t want to hire more Americans to do manual labor for higher pay, and Trump can’t browbeat them into doing so.

    Some cities and states have programs to match employers with local schools that train the types of workers they need, which helps young people develop the skills that will help them get ahead. Trump hasn’t proposed anything like that. Instead, he falls back on lazy, supply-side orthodoxy: Cut taxes and regulations and turn businesses loose to grow and prosper. Developments of the last 40 years show that this enriches the shareholder class, with little trickling down to workers.

    If anything, Trump could put upward pressure on prices, just as inflation seems to be abating, by deporting migrants who work on farms and at processing plants and making imported products more expensive through higher tariffs. Trump hasn’t proposed anything to lower housing costs, and interest rates are already drifting upward in anticipation of slightly higher inflation and a lot more deficit spending under Trump. If that happens, rent and groceries could take a bigger bite out of the typical paycheck four years from now.

    Biden’s record as president holds cautionary notes for Trump and other future presidents. Biden actually got measurable results that ought to boost blue-collar fortunes. He signed laws funding infrastructure buildout, semiconductor manufacturing, and green energy investment, which will subsidize employment in those fields years into the future. Some provisions of those laws require employers getting subsidies to hire unionized workers. The economy, meanwhile, has added 685,000 manufacturing jobs since Biden took office, twice the number under Trump before COVID hit and unemployment soared.

    None of that impressed voters in 2024, and Trump could have just as much difficulty moving the needle during the next four years. And in 2028, the Trumpist candidate will be the incumbent trying to sell voters on more of the same.

  84. Jim says:

    Libturd says:
    November 20, 2024 at 7:51 am
    Tren De Aragua now has footholds in California, Colorado, Florida, Georgia, Illinois, Louisiana, Nevada, New Jersey, New York, North Carolina, Tennessee, Texas and Wisconsin.”

    What’s to worry? Trump promised they’ll all be deported.
    ___________________________________________________________

    The absolute Irony, you were OK with Joe letting all the terrorists, rapists, killers into our country without any vetting…..but now you expect Trump to fix Joe’s disasters. I am sure all these people will just give themselves up. Perfect typical democrat let somebody else fix it, I remember when you were praising Joe for letting EVERYONE into our country ( four years of treason by Joe & KAM.)

  85. RentL0rd says:

    The terrorists are all home grown. Just check the facts.

    Rhetoric aside, Trump and Elon promised “some hardship”, and they will deliver. This will affect you whether you are a Trump supporter or not. We go to the same grocery stores where the food prices will be higher. We order the same chinese junk from Amazon – which will be higher. The same insurance companies that will reduce our coverage and raise rates. And there won’t be any health marketplace nor guarantees. And your kids will get a worse education.

    But yeah baby.. the foreign terrorists will be in the Amazon forests.. and won’t bother you. Hee Haw

    Buckle up.

  86. Chicago says:

    From Cindy the retired schoolteacher from California.

    How are you doing?

    Got a new Apple computer and I’m up reading web sites and the news in general. Checked out yesterday’s post at New Jersey on the Boomers….folks are missing the point:

    Boomers…like me…who own their homes outright shouldn’t even be alive!

    I have been close to death three times – Heart attack, brain aneurysm, lung cancer …..literally should be dead.

    The advancements in the healthcare system have saved me every time. I don’t see that doing anything but getting better and better.

    Just my thought. I may not check in again for another 5 years so tell Grim, Gary, Fruit etal “Hi” for me.

  87. Jim says:

    RentL0rd says:
    November 20, 2024 at 10:49 am
    The terrorists are all home grown. Just check the facts.

    The discussion was on open boarders, did you not comprehend that?? Little confused?

    Read the first paragraph that stu wrote, it may help you.

  88. Hak Tua says:

    Jim, my comment was made tongue in cheek. Enjoy the forced migration.

    Here’s an interesting thing that occurred today. I was at one of D’s specialist medical appointment down at CHOP this morning. Kind of out of the blue, we were talking about how well our son is doing and his doctor utters for now. And we were curious why she said it and she said she was worried about the next four years because of the cult those were her exact words, this is someone with more medical training than probably the entire appointed cabinet at this point. It could be an extremely rough four years for a lot of people. I’m glad you are all as an enthusiastic about our country like we were when Obama got elected. Now think about what we think of him now. I have a feeling you’re gonna be hoping that they drain the swamp into a reservoir So we can get it back when we realize what a giant mistake this is.

  89. RentL0rd says:

    Open borders were not letting in Terrorists, rapists or killers. Sure, it is bad for some sectors and crowded schools – and good for others – cheap labor, farming, etc.

    BUT, there is NO PROOF that they are terrorists, rapists or killers.

    That is my point.

    I know you need a boogeyman. And you are happy with the clever insults to a “lib”. Grow up and get over it.

  90. EX says:

    Jim’s boomer-circus isn’t going to “fix” anything.

  91. Hak Tua says:

    To me, the worst part of what we are witnessing is that the Dems are doubling down on establishment idiocy. It looks like Newsom is the next anointed one and they reelected Jeffries house minority leader. Dems might be roaming the desert for a while.

  92. Phoenix says:

    You got the President you deserve Americans.

    Now go toke that E-Cigarette of yours and enjoy that dose of nicotine or THC.

    Or Alcohol if that is your drug of choice.

    Engine gonna rev up soon enough. Even those of you who think you are going to escape really aren’t.

  93. Phoenix says:

    White women got Trump elected.

  94. Jim says:

    Grim , please release my moderation note.

    thanks

  95. TraitorJoe says:

    The smugness and lack of introspection by the left continues to astound me. It will pivot to anger and nihilism, we’re starting to see that. They have not formulated an effective response, a hoax will not cut it this time.

  96. Jim says:

    https://www.cnn.com/us/live-news/laken-riley-murder-trial-11-20-24/index.html

    Justice served, at the cost of a rape and killing.

    But wait Rentlord said rapists and killers didn’ exist.

  97. Hak Tua says:

    Dr. Oz.

    ‘Nuff said.

  98. Hak Tua says:

    It’s one person.

    Yesterday, some natural born idiot stabbed two people to death in New York. Deport America.

    The complete stupidity on the right will be revealed when Trump actually makes your life many times worse than it currently is. But because you are in a cult, you will not admit it. Just like last time. Enjoy the next four years of pure bullshit.

  99. Hak Tua says:

    Heck, one of Trump’s appointees is a rapist and a pedophile. That’s okay. He’s MAGA. I know you won’t respond. Right Jim?

  100. Hak Tua says:

    He’ll surely be confirmed during recess. Right Jim? Enjoy your dictator.

  101. EX says:

    12:39 wammmmmp waaaaamp. Manifesting misery for the whole Country!!! Oh Looooord Nurse Ratchet Prays….let them be as unhappy as I am. I got new for ya buddy,
    you made your bed …the rest of us are fine.

  102. EX says:

    I love how the internet has become one giant cesspool. but does it reflect the “real world”, parts of it I am sure. Curating ignorance and making morons main characters. All of this amounts to a hill of beans.

  103. RentL0rd says:

    I went to UGA – Go Dawgs! and I know the area where the girl got murdered quite well. Sure, that was rape and murder and terrible. But it was not terrorism as you claim. And if you put that against the number of migrants, statistically it’s almost zero.

    If you are really concerned about rape and suicide you should also look at the military.

    But like I said, you need a boogeyman.

  104. Jim says:

    Hak Tua says:
    November 20, 2024 at 1:07 pm
    He’ll surely be confirmed during recess. Right Jim? Enjoy your dictator.

    I responded but put into moderation, there were and are many other cases…but why let the truth bother you. By the way Trump was elected by a super majority , dictator is just sour grapes and Democratic bull. Democrats lost because Joe failed them.

  105. EX says:

    1:16 Dream on….
    Donald Trump declared in the early morning hours of November 6, 2024, after all the polls had closed. Indeed, he claimed that he had won “a political victory that our country has never seen before, nothing like this.” Trump was excited by the numbers showing him with well over 50 percent of the popular vote and establishing a wide lead over his Democratic rival, Vice President Kamala Harris.

    Unfortunately, for the president-elect, the United States takes time to count 155 million votes—give or take a million—and the actual result will rob Trump of his bragging points.
    rump can no longer claim that powerful mandate. By most reasonable measures, the beginning point for such a claim in a system with two major parties is an overwhelming majority vote in favor of your candidacy. Trump no longer has that.

    Over the weekend, as California, Oregon, Washington, and other Western states moved closer to completing their counts, Trump’s percentage of the popular vote fell below 50 percent. And his margin of victory looks to be much smaller than initially anticipated. In fact, of all the 59 presidential elections since the nation’s founding, it appears that—after all of the 2024 votes are counted—only five popular vote winners in history will have prevailed by smaller percentage margins than Trump.

    Trump’s popular-vote advantage has declined steadily since election night. As of Monday afternoon, Trump was at 49.94 percent, while Harris was at 48.26, according to the authoritative Cook Political Report’s tracking of results from official sources in states across the country. And we can expect that the Republican’s total will only continue to tick downward as heavily Democratic states on the West Coast finalize their vote tallies.

  106. EX says:

    I don’t know about you, but nothing that comes out of trump’s mouth seems based in reality. I am looking forward to ignoring him and his minions for the foreseeable future. Life goes on. Whether yours is a good life or bad isn’t up to the Gubmint.

  107. Fast Eddie says:

    The misfit leftists remind us how they’re going to leave the country, shave their bodies, cut off loved ones and dismiss the results of the election day after day as if we didn’t get it the 1st time or the 2nd time or the 24th time. Do it already. Pack up, leave, bury yourself, go off the grid, find a safe room… whatever you need to do… but fucking do it already.

    And wouldn’t you know it, the legacy media and progressive sites still haven’t gotten the message; they’re still talking about Trump with a microscopic lens while totally ignoring the reasons why they got trounced. As I’ve said for years, they have no platform, no ideas and no direction. It’s all symbolic, all rhetoric and no positive results. They have become… the party of nothing.

  108. EX says:

    1:58 Hey you got the keys to the kingdom, let’s see what you do with them. My prediction? Graft and Chaos as well infighting and a revolving door of staff. Juuuuust like last time.

  109. EX says:

    Winning an election is only the beginning. You have to actually govern which is something the Repubs and trump are particularly bad at. Face it.

    No one expects much from Trump and no one is “leaving” because of him. My life and millions of others will continue to thrive no matter who is in the White House. Sure, I would love to see productive changes and economic improvement, but I am not holding my breath.

  110. Phoenix says:

    Indeed, he claimed that he had won “a political victory that our country has never seen before, nothing like this.”

    Oh, he most certainly did. This one, the one that is way, way way more important.

    Did he actually win it, or did Dopey Democrats lose it? I’d say the Democraps lost it, it’s like an NFL team losing to a Pee Wee group. You gotta REALLY suck to have blown this one.

    Oh, and they do. They suck.

  111. EX says:

    2:44 Yep, they botched it. It was the DNC (again) trying to push a candidate without allowing any real discussion or Democratic dickering. More than anything, I think the Republicans had the grievance vote and Biden who said Hey I am only here for one term decides heeeeey maybe I can stay and then he freakin’ sundowns in front of 50M people. Yeah, I ‘d say we get what we got. the DEMs are going to have to retrench and rethink their approach. A lot depends on how Trump does in office and what his approval ratings looks like. If we are ready for a “strong man” leader then I suppose the people have spoken and that is what we will get. Not everyone was thrilled with Biden and he can wander off into the Sunset and literally no one will miss him. Sorry.

  112. EX says:

    I do think that the Country needs some big changes and rather than looking more like “Bernie” would lean toward a European style socialism. We are heading into Oligarchy territory complete with whatever repercussions that entails. I am not optimistic that the programs and changes that might benefit Americans like insurance and healthcare reform will occur. But they didn’t occur under the Democrats either. So, they have a couple of years to push through some changes and nothing happened. It’s looking more and more like a state-by-state kind of prosperity and idealogy will prevail. Meaning more and more people will just vote with their feet. I see a huge brain drain in places like “Florida” and other states that insist on really tamping down on Freedom. Like it or not, California has been a wonderful place to be during all of this nonsense. But it’s so prohibitively expensive to live out here that we will see limited population growth and further Boomer entrenchment based on net worth.

  113. Libturd says:

    I thought Trump had nothing to with Project 2025. More lies. More bullshit. You were all duped. But Trump doesn’t lie. He can do no wrong. We love you Donald Trump.

    You see Jim. He is full of shit, all of the time. You will see. And then you will deny. I’m ready for it. We went through this bullshit four years ago.

    Trump has named at least three nominees who are credited by name in Project 2025, a product of the conservative Heritage Foundation: Tom Homan, Trump’s pick for “border czar”; John Ratcliffe, Trump’s planned nominee for CIA director; and Brendan Carr, his selection to head the Federal Communications Commission. Homan and Ratcliffe were listed as contributors to Project 2025’s 900-plus-page manifesto. Carr wrote an entire chapter on the agency that Trump now wants him to run.

  114. Libturd says:

    Jim,

    You are a simpleton. That’s okay. All I ask, is when Trump spews his bullshit, you take a second to actually think about what he says. It’s not politics with him. It’s his MO. If you repeat things often enough, people think they are true. Especially the simpletons. Scapegoating is very popular. You need not look in the mirror. I wish our country success. Even with Trump leading it. But from my perspective, restricting women’s rights, blaming our issues on immigrants and mixing church and state are not measures of success. I suppose they are to you Jim.

  115. Hak Tua, Chief grabs 'em by the pussy says:

    Here you go Jim.

    https://youtu.be/aUnunvxzpgE?si=YsKEsJ1iwRw4eAGV

    He sure is distancing himself from Project 2025. Appointing three people already who are major contributors. But you’ll give him another pass, pass, pass.

    I apologise to the rest of you who have read this book before. But get ready for endless I told you(s). And yes. The Dems suck. But it’s one thing to ban bags. It’s another to ban women’s health. If you can’t see the difference and then claim you’re a patriot, then you are simply a moron.

  116. Hak Tua, Chief grabs 'em by the pussy says:

    And lord help you if your daughter get’s raped. Or worse yet, likes girls.

  117. Jim says:

    Libturd says:
    November 20, 2024 at 3:41 pm
    Jim,

    You are a simpleton.

    Lib your an a-hole, spewing idiotic BULL sheet, I am ok with that it takes all kinds of idiots to make up the real world. I like it a multi millionaire simpleton thanks, Anyone can call people names, but you actually believe Joe and Kammy have done great work….how pathetic is that? Food inflation that has hurt many working people, immigration policys that are actually treason. But you approve of these . What kind of person are you? I am not a Trump lover but I do know what is better for our country , Joe didn’t do it. Obviously I am not in the minority, did you check the results? The election is over give it up like a normal human being.

  118. Phoenix says:

    Hak Tua, Chief grabs ’em by the pussy says:
    November 20, 2024 at 3:48 pm
    It’s another to ban women’s health.

    Hmm, gonna be way, way more than women’s health. In 3 months you will find 5 torpedoes launched at the ACA. It’s going down.

    Medicaid, Medicare-all in the sights of Trump’s periscope.

    Attacks gonna come from all different sides.

    And that dolt Biden, the warmongerer, causing more problems. False flag attacks like the ones on undersea cables in Europe. Playing his game of Poker while Putin plays Chess.

  119. Phoenix says:

    If Biden is brain dead, then who is running the country right now? Blinken?

  120. Hak Tua, Chief grabs 'em by the pussy says:

    Jim,

    Biden didn’t create food inflation you dolt. Show me where his policies created inflation. It is more likely, Trump’s demand of ZIRP and then paying everyone in America a huge bonus in Covid pay or PPE were likely the culprits. And who came up with those policies? I’ll give you a hint. It rhymes with lump. I guess Biden caused inflation around the world too (somehow). Even though, ours was one of the lowest rates internationally. Now, I’m not trying to bullshit you. Nor am I playing politics. I do have a minor in economics. The real issue with inflation was core inflation, generally housing costs. I’m not sure that you can blame Biden for it as housing inflation pretty much ocurred at the same rate through Trump’s term and neither did anything about it. Quite actually, I’m not sure there is anything that can be done about it. But I’m not sure why I am wasting my time explaining it to you. Nothing I say is true and everything Trump says is true. And if you think deporting immigrants or closing the border is going to help the economy in any way, then again, you are economically clueless. But go buy a Trump Steak. Trust me, they are truly in a league of their own.

    https://www.facebook.com/watch/?v=762787567163308

  121. Hak Tua, Chief grabs 'em by the pussy says:

    Here you go Jim. Even though you’ll deny it. The US had the 9th lowest inflation rate in the world in 2023. But don’t let facts like this impact your thinking. It’s much easier to say Biden created out of control inflation with the help of those terrorist immigrants.

    https://www.geeksforgeeks.org/inflation-rate-by-country/

  122. Hak Tua, Chief grabs 'em by the pussy says:

    NVIDIA earnings not so hot it appears (down 5% in after hours). Damn you Biden and chip program. What kind of jobs did you think such an action would create. Better to require bibles in schools. This will get the economy going. Oh and banning gay marriage.

  123. Jim says:

    I am done wasting my time with an a-hole. Time will be the truth teller. Get a life libturd.

  124. Hak Tua, Chief grabs 'em by the pussy says:

    Maybe earnings not so bad. .78 and blew away sales number. Go Biden, it’s your birthday. I kid of course. Biden has as much to do with NVIDIA as he did with inflation.

  125. Ex says:

    Lib! I wish we’d gotten the chance to hang out. Let me know when you hit Vegas.

  126. Hak Tua, Chief grabs 'em by the pussy says:

    I love you too Jim. Indeed, time will tell. But I tried to warn you. Enjoy the tapes of the military rounding up good, hard-working people, seeking a better life for their families. Just like our grandparents and great grandparents did for you and me. That is what you voted for. This is your America! (queue up Lee Greenwood)

  127. Libturd says:

    Ex, so you can stand me up again?

    I’ll be out in Vegas December 4th through the 7th. NFR rodeo and about $1200 in freeplay.

  128. Libturd says:

    I also have free Garth Brooks tickets.

  129. EX says:

    hahaha…Dude! that was drop off day for college and Yes, I planned very poorly.

  130. EX says:

    4:35 Oh My

  131. Libturd says:

    I listen to everything. I get board by repetition. Wanna great laugh?

    https://youtu.be/hd7w0Q1Bmp0?si=VXw6_hwhLT-JPaB8

  132. RentL0rd says:

    Jim is like Ted Cruz. He can’t help but suck up to the orange turd while denying it at the same time.

    A trump supporting latino neighbor had his some accepted to Cornell – with full ride. Only because of equity programs. He is a die hard trumper and voted against his own benefit.

    You can’t fix stupid

  133. njtownhomer says:

    They got two years before losing the trifecta.

    I am glad I will be richer under Trump cause I don’t have a pre-existing condition and my medical insurance is fine. But idiots like my neighbors who don’t know ACA is Obamacare and they have pre-existing conditions will suffer. I have hard assets and know how to invest but idiots voting based on egg-prices will continue to visit dollar stores. I visited a lot of other countries and know inflation is very much global and most ly worse than ours in most places due to pumped liquidity during COVID (guess who pumped the most), but folks who like reality TV stars can continue watching FoxNews, and travel state-side.

    I will continue to work, my high-tech job is secure till retirement, but new Right-Winger Silicon Valley Billionaires and Cryptocrats (Thiel, Must, Horowitz, search Fairshake) will continue to get richer and steal a lot more money from working poor class that you wouldn’t believe. DraftKings, Flutter will print money with no regulations, Buy Now Pay Later will become the norm. Soon all purchases by most people will be done in 3-4 installments due to inflation and tariffs.

    Got Amazon subscription for pop-corn and ChexMix to watch this in 2 years.

  134. Phoenix says:

    House panel was told Gaetz paid two women $10,000, in part for sex.

    Cheaper than a divorce. Hehe.

  135. Phoenix says:

    Pony up, taxpayer. He does the crime, you pay for it.

    A California woman who had pieces of her scalp torn off by a police dog in 2020 reached an almost $1 million settlement with Brentwood, a city in the Bay Area, her attorney told The Washington Post.

    Talmika Bates, then 24, was suspected of shoplifting and hiding from officers in a set of bushes when police sicced a German Shepherd on her. The dog bit into her scalp and skull as she cried for help, according to a lawsuit Bates later filed against Ryan Rezentes, the dog’s handler in the city’s police department. Rezentes allegedly permitted his dog to maul Bates for around a minute before he forcibly pried the dog from her.

    By the time the canine released her, bone and tissue were visible through Bates’s torn scalp, the lawsuit said.

  136. Phoenix says:

    Guess now she can buy a house next to ExLax and pay for it in cash.

    Hehe.

  137. Hak Tua, Chief grabs 'em by the pussy says:

    One of gates hookups was 17. Okay by MAGA standards. Yet all Mexicans are rapists and murderers.

  138. EX says:

    5:27 paid $750k which I thought was insane in 2017….now it’s $1m plus.
    Also in at that lower interest rate. 2600 sq ft w/ pool. I miss basements.

  139. EX says:

    5:22 my good buddy just finished a twenty plus year alimony stint.

  140. Juice Box says:

    Ex – re: “twenty plus year alimony”

    She just remarried or croaked?

  141. EX says:

    So she had moved back in with her mom – they own the property, no rent. But she never took a job. Just alimony. He’s an attorney too. Two kids now “21” so there was that. One was living with him.

  142. Juice Box says:

    Phoenix – made 27 Venmo and Paypal payments totaling $10,224.02 to the two women, who were adult women…

    And since when it not normal for a man to pay a woman’s expenses especially when they go to the Bahamas on vacation?

    Look I have no love for Beavis’s partner Butthead but the DOJ closed it, as no crimes committed. And now we have congress critters on a vendetta leaking House Ethics Committee reports…That is a crime in itself.

    There are plenty of people who don’t want him running the DOJ because he is an A-Hole…I don’t think it’s enough to sink him. https://abcnews.go.com/US/gaetz-10k-venmo-payments-2-women-testified-house/story?id=116019367

  143. SmallGovConservative says:

    Hak Tua, Chief grabs ’em by the pussy says:
    November 20, 2024 at 5:32 pm
    “One of Gates hookups…”

    After the depraved Dems put klepto trannies in charge of nuclear waste disposal, and gave us gay sex on the Senate floor, I’m content with the fact that the alpha male R’s that will soon be running the show, like women.

  144. Juice Box says:

    Ex- so she reverted to being a child.

    My cousin is going through this now, he is divorced about a year, however both children are adults. She refuses to work and really to do anything other than collect the alimony.

  145. SmallGovConservative says:

    Phoenix says:
    November 20, 2024 at 5:22 pm
    “Cheaper than a divorce.”

    Public service announcement for Phoenix — if you ever need to appear in front of a judge again. Try these guys; as they say about themselves, “Cordell & Cordell divorce attorneys exclusively practice family law with a focus on MEN’s divorce.”

    https://cordellcordell.com/

  146. SmallGovConservative says:

    EX says:
    November 20, 2024 at 3:10 pm
    “We are heading into Oligarchy territory…”

    Sore loser. Emphasis on loser. I

  147. EX says:

    8:10 living under oligarchy we all lose.

  148. EX says:

    8:02 the dumb shit that you are obsessed with says a lot about you.

  149. Juice Box says:

    I gather the bureaucrats don’t want to get fired at the end of January. Elon has a bone to pick with them.

    BREAKING: FAA indicated that it will grant SpaceX permission to increase the number of Starship launches in South Texas to 25 per year from the current limit of five.

  150. Hak Tua, Chief grabs 'em by the pussy says:

    Government jobs are a good gig. Noone wants to lose theirs. Honestly, I can’t stand Musk. Never liked him. But if he can make government workers actually work, I’ll support him. Likely, he’s in it for himself. Evidenced by this latest piece of news you just shared.

  151. Hak Tua, Chief grabs 'em by the pussy says:

    Nothing illegal there juice. Just very disturbing. I’ve never given a girlfriend money in my entire life. I might have paid for a meal or a gift here or there, but these payments are disturbing. Not illegal, but definitely point to something going on there. Nonetheless, immoral is the new baseline. $10,000 is a lot of gifts for girlfriends. Especially two different ones.

  152. Juice Box says:

    Rentlord

    Really not sure what and where you read you immigration news.

    Here is the ice gov website below. Here is only one example.

    entered the United States near Santa Teresa, New Mexico, Apr. 16, 2022, without admission by an immigration official and was released from DHS custody after having been served with a notice to appear.. Convicted in his home coutry of rape yet released here.

    These people should not be allowed to be in this country…most are not detained or deported they were released to a neighborhood like yours.

    https://ice.gov/news/releases/ero-boston-arrests-brazilian-international-fugitive-convicted-rape-child

  153. Hak Tua, Chief grabs 'em by the pussy says:

    Juice,

    I am certainly dumbfounded why ICE would release such a person. But I don’t think we should punish the immigrants without records.

  154. Juice Box says:

    re: “dumbfounded why ICE would release such a person”

    Dude it came from the Top……. There is congressional testimony etc.

    Not going to bore you with Sworn Testimony here….

  155. Libturd says:

    Gotcha. Thanks.

  156. BRT says:

    $10k is nothing. Elliot Spitzer’s girl was getting $5k a night 20 years ago. I personally knew Jessica Cutler for a while. https://en.wikipedia.org/wiki/Jessica_Cutler

    he’s the girl who was a congressional aide/DC prostitute and blogged about it while it was going on. Once she got doxxed, she lost her access to DC was fired. These days, $10k might be for 1 hour. Or in case you didn’t realize, it’s also the going rate to get your nails done.

  157. BRT says:

    btw, my brother knew Elliot Spitzers girl as well.

  158. Hak Tua, Chief grabs 'em by the pussy says:

    Still kind of gross. But I don’t cheat on my wife.

  159. Juice Box says:

    Elliot Spitzer– ah client 9..

    He is still mega wealthy, and probably still hiring “escorts”…Spitzer inherited Spitzer Enterprises and like Trump dad’s wealth, silver spoon and all….in NYC real estate.

  160. Juice Box says:

    Lib re: “Especially two different ones”

    and “not normal for a man to pay a woman’s expenses”

    huH!!?

    Plenty of men pay for companionship or even sex…

    I am privileged to have never to have paid…..Yes I paid for trips…..and all but that was romantic. Who is to say otherwise?

  161. Libturd says:

    I am. But to each their own.

Comments are closed.