Friday, January 10, 2025

This was danged inconvenient for Pacific Palisades, California

 


Full time employment as a percentage of population fell to 49.33% in December 2024 and 49.65% for full year 2024

 It's been a five month slide in 2024 from the peak of 50.26% in July.

Peak annual for this cycle was in 2023 at 50.21%.

The Trump I annual peak was in 2019 at 50.38%.

Previous to that, full time as a percentage of population peaked in 2006 under Bush 43 at 52.3%, and the mother of all peaks was under Bill Clinton in the year 2000 at 53.55%.

Somebody needs to fix this. 

I don't think it will be Trump II.

Sad!

 

49.33% December 2024


49.65% Full Year 2024

Your reminder that average real return from stonks sux

S&P 500
 
August 2000 -- August 2024
4.90% per annum

August 1976 -- August 2000
10.49% per annum
 
 

Thursday, January 9, 2025

Well of course LOL: New Apostolic Reformation wackos supporting Trump may be evolving into pro-immigrationistas

 Christianity has always meant liberalism. It is one of the religion's many bastard children.

This is from an Atlantic story reproduced here:

On the day after the election, I went to Life Center, the NAR church where Elon Musk had spoken a couple of weeks earlier. The mood was jubilant. A pastor spoke of “years of oppression” and said that “we are at a time on the other side of a victory for our nation that God alone—that God alone—orchestrated for us.”

The music pounded, and people cheered, and after that, a prominent prophet named Joseph Garlington delivered a sermon. He was a guest speaker, and he offered what sounded like the first hint of dissent I’d heard in a long time. He talked about undocumented immigrants and asked people to consider whether it might be possible that God was sending them to the U.S. so they could build the Kingdom.

“What if they are part of the harvest?” he said. “He didn’t send us to them; maybe he’s sending them to us.”

It was a striking moment. Life Center, Mercy Culture, and many other churches in the movement have large numbers of Latinos in their congregations.

"Bill's next, not me"

 


It's the National Day of Mourning for Jimmy Carter

 Please keep it down or you'll wake the baby.

 



Stocks markets are closed and mail won't be delivered today in honor of Jimmy Carter, because everything came to a halt under him, too

 OK, bond markets are open today, because SOMEONE has to pay for the 44% increase in the national debt which was racked up under Jimmy Carter.

Stonks soared, nominally, under Jimmy at 11.81% per annum on average January 1977 to January 1981, but because inflation was so terrible, 10.43%, real return for the S&P 500 clocked in at only 1.25% per annum during his presidency.




People just have to get over the idea that taking Panama, Canada, and Greenland is imperialism and think of it as Lebensraum instead

 


Wildfires leave Los Angeles County a smoking ruin in honor of Jimmy Carter Day of National Mourning, whose presidency was also a disaster

 

Very amusing: David Muir, who would not fact check Kamala Harris in debate with Trump last September to make her look good, appears on camera in jacket tailored with clothespin



It's how you rook, you know.

 


 

The climb down from "at least $2 trillion" in October is the only thing epic about this DOGE thingy

 

 
We’ve got a good shot at getting 1.

Poor guy didn't know he was dead already

 

Wednesday, January 8, 2025

Pivotes lol

 UPDATE: Zuckerberg pivotes to right...

Drudge's poorly paid help calls one of the most destructive firestorms in memory from the LA Times story "the most distructive in history" lol

 The LA Times doesn't lose its cool when reporting the news, but Drudge does.

More than 1,100 homes, businesses and other buildings have burned and at least five people are dead in wildfires scorching communities across Los Angeles County, making this one of the most destructive firestorms to hit the region in memory.     

Always, always, always read the sources.



Anarcho-tyranny in Pacific Palisades Fire: No water in some fire hydrants


 

 From the Los Angeles Times here:

“There’s no water in the fire hydrants,” Caruso said. “The firefighters are there [in the neighborhood], and there’s nothing they can do — we’ve got neighborhoods burning, homes burning, and businesses burning. ... It should never happen.”

A spokesman for the Department of Water and Power acknowledged reports of diminished water flow from hydrants but did not have details on the number of hydrants without water or the scale of the issue.

In a statement, the DWP said water crews were working in the neighborhood “to ensure the availability of water supplies.”

“This area is served by water tanks and close coordination is underway to continue supplying the area,” the DWP said in its statement.

 

Providing basic fire fighting resources is a bare minimum function of local government, at which this very wealthy community is obviously failing, mirroring California government's overall statewide failure to reduce wildfires.

State Farm stopped insuring roughly 30,000 homes in California in the summer of 2024, in part due to the danger to its business there from catastrophic fires in communities where multi-million dollar homes are common, and too commonly go up in smoke.

You'd cut your losses, too, if you suspected the locals had become as hopelessly bad as the one party state under Gavin Newsom.

One nutball era ends, another begins