You wanna know why all that sucks? Joe Biden's THREE LETTER WORD, J.O.B.S., right here:
Friday, January 10, 2020
Fake jobs boom: After 8 slow years of full time jobs recovery we're STILL not back to where Reagan got us in 4 years
Full time jobs are the sine qua non for family formation, births, homeownership, car sales, durable goods orders, retail, tax revenue and good schools.
You wanna know why all that sucks? Joe Biden's THREE LETTER WORD, J.O.B.S., right here:
You wanna know why all that sucks? Joe Biden's THREE LETTER WORD, J.O.B.S., right here:
Thursday, January 9, 2020
Housing update: Case Shiller National Home Price Index hit 212 in October 2019, 51% above 140
The Case Shiller National Home Price Index hit 212 in October 2019, 51% above 140. The full data at the new iteration of the index since February 2018 is behind a registration wall.
The 140 level was the level around which the index tracked for most of the post-war until the year 2000, in a range between 120 and 160.
Since then it's been as high as 235 in 2005 and 2006 during the housing bubble, and as low as 151 in February 2012 after the bubble sort-of popped. A real correction might have taken prices to 120 or even below.
Clearly the index never returned to the post-war experience, which was mostly slightly below 140. Keeping housing prices high became a Federal Reserve objective and bragging point after the Great Financial Crisis of 2008, achieved by manipulating interest rates lower.
The median sales price of an existing home in the US is currently $271,300 through November 2019, a price which is traditionally considered affordable to any individual making $104,346 per year and up.
Seeing that's just 8.5% of individual wage earners in 2018, the median sales price of an existing home is currently UNAFFORDABLE to 91.5% of wage earners.
Most people have to put together two incomes to afford such a house. But in a country where the median wage is south of $33,000 per year in 2018, two incomes only gets you to $66,000, which affordably buys you a house worth about $171,600 or so, $100,000 less than the current median sales price.
In my immediate vicinity, there's exactly two such single family homes on the market right now which are affordable to a couple making $66,000. Everything else costs much, much more.
This is a picture of declining equal opportunity.
Ann Coulter endorses the dumb libertarian hide-your-head-in-the-sand take on Iran
Oh look! A deer!
They're Muslims. Kill 'em all. Let God sort 'em out. Like you said in 2001.
What a shock: Former Obama voter says we should have voted for Hillary
Trump didn't destroy the Republican Party. He's shattered the right wing into 449,181 pieces.
Wednesday, January 8, 2020
Unaccepted for tribal membership because failed the rain dance requirement
Hula not allowed without a hoop.
Democrats will sing it to the tune of "America" from West Side Story
We say Death to America!
O.K. for Meth in America!
No babies' Breath in America!
No more Macbeth in America!
Drudge Report is just phoning it in anymore, gonna need to learn to code
08:06 Eastern Time. Time to wake up.
Tuesday, January 7, 2020
Missing you, Ann: We should invade their countries, kill their leaders and convert them to Christianity
This is war
|
Posted: Sep 14, 2001 12:00 AM
The nation has been invaded by a fanatical, murderous cult. And we
welcome them. We are so good and so pure we would never engage in
discriminatory racial or "religious" profiling. People who want our country destroyed live here, work for our airlines,
and are submitted to the exact same airport shakedown as a lumberman
from Idaho. This would be like having the Wehrmacht immigrate to America
and work for our airlines during World War II. Except the Wehrmacht was
not so bloodthirsty. ... We weren't punctilious about locating and punishing only Hitler and his
top officers. We carpet-bombed German cities; we killed civilians.
That's war. And this is war.
Monday, January 6, 2020
Flashback to February 2013 Glenn Greenwald story: You can thank Obama for how and why Trump killed Soleimani
Specifically, the president's assassination power "does not require that the US have clear evidence that a specific attack . . . will take place in the immediate future".
The US routinely assassinates its targets not when they are engaged in
or plotting attacks but when they are at home, with family members,
riding in a car, at work, at funerals, rescuing other drone victims,
etc.
Read it all here.
Sunday, January 5, 2020
More evidence Trump doesn't give a damn about conservative priorities, just his own . . . ELECTION and RE-ELECTION
We're into year four and they still don't get it.
"Trump needs to do this. Trump needs to do that."
If Trump had been serious about immigration in 2016, we wouldn't be here now in 2020.
A philanderer uses women for his own gratification. When he becomes a politician he uses voters.
"But you said you'd call me in the morning!"
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