Right out of the hopper today, after the market declines this week, another take on jobs and this one is not good. From here:
“U.S.-based employers announced 38,792 cuts in December, a 33% decrease from the 57,727 cuts announced one month prior. It is up 11% from the 34,817 cuts announced in the last month of 2023, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.
In the final quarter of the year, companies announced plans to cut 152,116 jobs, down 13% from the 174,597 cuts announced in the third quarter of this year. It is up 30% from the 117,163 cuts announced in the same quarter of 2023.
In 2024, employers announced 761,358 job cuts, up 5.5% from 721,677 announced in 2023. It is the highest annual total since 2,304,755 cuts were announced in 2020. Except for 2020, it is the highest total since 2009, when employers planned 1,288,030.
Tomorrow morning could be weak in markets as a result is our take on it. The silver lining? When aren’t we wrong?
Markets Closed Today
Well, the Dow and the NASDAQ, anyway. Futures were pricing lower across the board, however. And the crypto con slowly unwinds with BTC sagging to $93,628.70 when we looked earlier.
Ports to Stay Open
One notable market risk came off the table overnight: Longshoremen reach tentative deal with ports and shippers, averting potential strike.
Train Wreck Report I
SoCal fires are on a terrible roll: Los Angeles wildfires spread to Hollywood as 100,000 ordered to evacuate.. While 10’s of thousands will have massive fire losses, already the hype machine about Climate is kicking in with attention-getters like This Week’s Unholy Mix of Drought, Wind, and Fire in Southern California: A Warning of an Accelerating Insurance Crisis in Climate-Risk Areas? For a little less faddish view, try Experts: Palisades Fire Will Worsen California’s Insurance Crisis.
I know: “What crisis?” (Did you really sleep through the PG&E fires?)
Hat tip to Reader Ray for the explainer ( in our listen to the smart grownups talking) Comments section:
“Fire insurance coverage in Southern California ended on September 1st, 2024. I don’t know if current policyholders are grandfathered in, nor if they are, for how long.
The Democrat supermajority in the California Legislature thoughtfully capped insurance rates a while back. State Farm was the last fire insurance provider in the State. They pulled the plug because they could not remain solvent on the “margin” to which Sacramento limited them. Paris Hilton is going to have to pay the $28mln out of pocket, if she wants her Malibu bungalow rebuilt…
Personally, I’d like to hear from the Surf Dude, to make sure he’s still in one piece. These fires are serious shit.”
Obviously, what percentage of homeowners insurance is earmarked for fire coverage (specifically) will be all over the place, but AI explains that:
“Fire and lightning damage is the second most common claim for homeowners insurance, accounting for 21.9% of claims. The most common claim is wind and hail at 40.7%.
Fire damage claims are the most expensive type of claim, resulting in an average premium increase of $273.
Factors that affect fire insurance premiums include: The amount insured, The nature of the insured property, The history of claims, The nature of the insured business, and The risk profile of the business.”
We expect some modest economic impact from this fire and a wholesale change in how people think about insurable risks of home ownership.
At the extremes? No insurance would take a lot of the wind out of sales of mortgages (and CMOs). OR, there will be an increase in general insurance of the property which could become baked into future sales prices. Presumably, this would be amortized for some x-percent of homes being lost over the typical home ownership period. Which is??
“In the 100 largest metro areas, the length of median homeownership duration ranges from 6 to 18 years. For example, the median homeownership duration in Sacramento, CA is 11.9 years, while in San Francisco, CA it is 16.3 years.”
Media is turning this into politics, too, and not without reason: James Woods Smacks Down ‘Blithering Idiot’ Gavin Newsom For Dropping Ball On Forest Management. Brush huggers. Which is why we spend time “limbing up” our tree farm. And what’s this? The idiot speaks? Biden brags about how Hunter’s house was spared, despite over 1,000 homes burning down in the L.A. area. ViseGrips to the forearm – stat!
Oh, and another democrat being outed: LA Mayor Karen Bass Gets ROASTED for Cutting $17.6 MILLION From Fire Department As City Goes Up in Flames – Twitchy
The problem with these possible insurance outcomes? None of them protects the people paying for the home! In the “insurance goes bye-bye” model, homeowners are screwed if they suffer a loss. And in the “payable to the mortgage company only” case, they’re left baked and screwed. Marvy.
Insurance in China, you ask? Home insurance penetration is relatively low compared to other major economies and in Russia home insurance is voluntary, meaning homeowners are not legally required to purchase it, and as a result, only a small percentage of people do.
But our outlook for slower real estate turnover is based on facts. In Russia, the average down payment for a home purchase is around 20-30%, with some sources stating that the current average is closer to 30%. In China a first-time home-buyer pays 15% of the property value, while second-home purchases require a minimum 25% down payment. The US has been way below global down payments for a long time… no-doc blowback, anyone?
If you eyeball it just-so (and we do a lot of McGoo-like squinting around here) you can see a business model change. Bigger down payments to buy homes, less mortgage holder risk exposure… That could add in to the Economic Depression we envision getting up a head of steam this year. Remember, the CRE collapse still hasn’t been written down yet, either. And someone’s still gotta take the fall for that.
This all puts the “Fed in the box” after unjustifiably (in our view) lowering rates to help the Biden-Harris re-mess. Which brings us to…
Train Wreck Report II
Don’t look now, but the Fed Consumer Debt (ne credit) came out Wednesday.
Click over to Federal Reserve Board – Consumer Credit – G.19 and look at the mess.
What we see? My consigliere and I are both looking at the paradox. Which seems to reduce to “How can credit card use collapse and yet Retail was being reported up?” My theory is that we will find out some possible “real uglies” on the 17th when the Retail Sales come in.
My consigliere is wondering how many people are using the new round of “company cards” that many of the large retailers have decided to begin issuing. That’s a good point, because it may show up as “spending” but might not transit the books of Usury, Inc.
This afternoon, the Fed Balance Sheet will be released. Useful if you missed the Creative Accounting class. Tomorrow the official jobs report and we half-expect a large drop in the Household numbers while some BS headlines about how good things are rolled by. A reality check, then?
Unemployment Filings Up
Just out:
At the State levels:
Rip N. Reed Reports
Hard to be anything but happy in the newsroom in the old days. An A.P. wire machine chugging out miles of dead trees next to the UPI machine. And that newfangled BusinessWire machine making funny dot-matrix noises. Still, the news got out but it’s mostly been replaced with idiocy and RSS…
Little doubt Carter was better than Biden, we figure. And we admired his Habit work, too: Americans flock to the Capitol to pay respects to former President Carter ahead of funeral: ‘Job well done’
She said WHAT? Nitro pill, please: Alexandria Ocasio-Cortez Calls Out Fellow Democrats for Being ‘Too Reflexively Anti-Republican’. (Does this mean socialist wannabe’s can read voter survey data?)
About Your Passport: If it’s a US document congrats – 9th ranked in the world and tied with Estonia in this year’s rankings: The Official Passport Index Ranking | Henley & Partners. They rank Singapore as the best passport in the world this year. Meanwhile Russian Passport Climbs in Travel Freedom Ranking. 46th. China is 60th, BTW.
Europe’s idea of Justice is on the rocks: Syrian Who Sexually Assaulted 12-Year-Old Only Has to Pay $100 in Compensation.
Another Biden “torpedo” is going to miss: Trump Plans to Restore America’s Energy Output, Will Announce Emergency on Day One to Remove Biden Restrictions. Is that strategic reserve filled up, yet? Let’s zoom out here….
Chess At Sea
Something we have been keeping an eye on (because it will drive/impact Middle East naval operations) is the lack of U.S. refueling ships to keep the fleets going. (A side of false economy with that?) Still, it’s good to see that French Navy’s new tanker conducts first replenishment at sea with U.S. commercial oiler – Naval News. Relying on the French to keep projecting power? Um…
Here, look at what Biden did to our strategic p[etroleum reserves during his” squanderency”
See how reserves cratered when Biden showed up? Real numbers from the EIA here. Barely has a start on refilling since he was called out on China “gimme’s” last summer…
Around the Ranch: A Peoplenomics Follow-up
We try to get our “deep thinking” pieces posted for the mid-week report. this allows subscribers to schedule reading into their workweeks without screwing up valuable weekend time blocks. Our Wednesday piece this week dealt in particular with Downscaling (my latest book) and how Housing is a core part of that.
Turns out that one of the topics in that discussion was touched on in a late Tuesday report out from the Tax Foundation which bears on exactly the “tax overhead” of property ownership that’s key to successful Downscaling. They said in part “Americans Moved to Low-Tax States in 2024:”
“States that saw significant domestic migration-related population growth include South Carolina, Idaho, Delaware, North Carolina, and Tennessee.
At the other end of the spectrum, Hawaii lost the greatest share of its population to other states, followed by New York, California, Alaska, and Illinois.”
As we have discussed (on the Peoplenomics side) one of the key aspects to maintaining a high disposable income is strict personal income/expense management. While it’s not comfortable, at first, to “drop out” of multiple “Rat Races” (including homes, landscaping, vehicles, and social events like meals out and entertainment) the payoff in the long run can be (and has been for us) a huge increase in financial wherewithal.
We sometimes like to analyze people’s financial condition just as you’d assess icebergs. Most people have “melted through retained earnings” such that they have become Debtbergs. Ready to “roll-over” any old time. Witjh the Downscaling plan – and implicit recognition of increased retained earning through smarter spending and big increases in retained personal earnings (whether savings or investments) the outcome of being true “icebergs” comes about. You never know which ones have the most mass below the waterline.
Properly structured then, Downscaling is all about the “Heads I win, Tails I win” approach to personal finance. You may not be too keen on rural areas in the “least tax” states (including Texas), but in terms of standard accounting ratios, our annual percent of personal income paid as property taxes is a ridiculous 0.274 percent.
As a thinking point, consider that in Marin County (over the Gate from SF) the median property tax rate in 2024 was over $10,000. Which would apply (not Downscaling) a personal income of $3.648 million to hit property tax “ratio equivalency.” (Sadly, we’re nowhere near that top line, but we do win the tax domicile contest, hands down.)
The median income of Marin (2023 numbers) was $139,197. So, median to median property taxes were 7.187 percent of median income. Texas, in comparison, sports a much lower median income (statewide) of $76,060 with property taxes of just $4,916 in 2023. Which means real median property tax rates more in the 6.4 percent range. But ridiculously lower (by a decimal point or two!) in rural areas where there’s low public employee retirement obligations and agricultural tax incentives to be harvested.
I mean, you’re welcome to remain in the higher tax burden glitz and all. The restaurants are better, traffic is not, and oh yeah, the crime rates trend higher in Big Cities. Which gets me to wondering, Big Spender: have you taken an I.Q. test recently?
I mean if you want to live on the railroad tracks, I guess that’s your call. But we have been watching those lights up the track from out here…
Write when you get rich,
George@Ure.net
How about you all just throw on a sweater and turn down Ure thermostats – you lilly livered, limp wristed peanut farmer wanna be’s. What a weak ass President – typical lib dem. But wait, did I hear a lil bird again ? Did lil bird say something about an “angel” bout to talk..finally. Member Its a Good Life and ringing bells when an angel got their Wings? Zuzus’ petals? What was angels name again?
The “brothers” in the news soonly ? an occulted decision soon to be made public…Oh My!
Spark a doob, sit back relax – the GAME will be on shortly.
We Are, _ _ _ _ _ _ _ _ _ !
Um…was the first fill-in the blank All _ _ _ _ _ _?
Vanna I will take both an E and a D…
Hello George & Commenters,
If I remember right President Carter in his earlier years was a
submarine Skipper. He was in command of a nuclear sub. I do not remember the problem, but I do remember he put on PPE clothing and entered a highly radioactive area, fixed the problem which took up around 10 minutes if my memory is right, your readers will correct me. Thank you.
Remarkably, he did survive that experience and the rest is history. In my mind, his action demonstrated courage and valor that should make all submariners proud. And NO ONE has spoken of it. Not one of the media.
Carters passing is a great loss to all humanity.
I think part of the reason the (US) media ignores it? It happened in Canada./
Go read https://www.renfrewtoday.ca/2024/12/31/a-forgotten-nuclear-incident-how-jimmy-carter-helped-prevent-a-catastrophe/# but a good memory, Roger. Green star for the day.
As they say, what happens in Canada stays in Canada.
Red Green is Canadian?
“I’m a man, but I can change, if I have to, I guess. Red Green: If the women don’t find you handsome, they should at least find you handy. Red Green: Well, I’m not gonna be calling the U.S. Air Force, Harold. What do I say? We’ve got a missile? They take that as a threat, we’re in real trouble.”
Great show but
Nein, nein,nein
James Earl Carter was a “bluewater” Lefteniut – surface warefare guy. Later on he he applied to nuke program under Adm. Rickover – was selected and held maybe an XO position on a “boat”. Peanut Pappy passed away – so Jimmy resigned his commission and went home to pick up the reins on the Peanut farm.
He was a UFO experiencer – and spoke up about it..briefly- that was Courage. No one remembers the Oil Crisis !?!?!?!?!?!?!?
Seen the most recent amounts/levels in nation Oil reserve under pedo joe ? What with raging inflation and ME warring going on its wonder Oil cant get a Bid in here..
Americans had to wait in line on specified days, to get a tank full of Gas – AYFKM – this went on for ages. Not so bad in my household growing up , but still WTF.
What I remember of that presidency is we couldnt get there fast enough…kinda reminds of this current criminal retard occupying the WH.
Wonder what he was “paying back” with all his humanitarian work after his turn wrecking the economy was over?
Got fond memories of Adolph Hitler and his henchmen as well ?
Back before Zoom and Skrype, news cruisers went to the front of gas lines – first responders yad yada. What gas line? Its only for regular red working guys…
Suggest odd and even plates and no fewer than two conveyances. Two is one, one is none.
(“No one remembers the Oil Crisis !?!?!?!?!?!?!?
seen the most recent amounts/levels in nation Oil reserve under pedo joe ?”)
I don’t believe there ever was an oil crisis..remember the guy that drove from Texas to DC being followed by every major news network on ten gallons of gas..sat in front of congress..they seized his car after he left..he made a simple plasma reactor for fuel..then there’s the Texaco challenge before I was born .. how much plastic and foam is tossed out a day..plastic is oil..Washington state university has I believe the only waste conversion unit allowed in the usa.. heck it took thirty years before they allowed smaller individual inverters..even now because of the business model solar and small wind is discouraged..
they build huge solar farms so far away from the point of use..where if they built solar towers at the furthest point from the power plants and worked back to the power plants..handed out grid tie systems to everyone willing to have them installed.. instead of spending the money on inefficient large wind that requires huge changes on the grid .
what needs to be changed is the business model..and mankind should become good stewards to the earth rather than a detriment to it .CO2 filters on every lamp post green scapeing cities to replace the urban expansion..air wells in arid regions..
unfortunately…man won’t change the business model until absolutely necessary..for the cost of 1 big wind turbine every household in our state could have a grid tie system depending on tower cost between 30 and 300 solar towers instead of 3mw potential there would be 3 gigawatts plus.. and a rock solid almost fool proof grid security..
Carter was never a “Skipper”. From MIL.COM “In 1950, Carter was sent back to New London to help with the development of the Navy’s first new ships since World War II ended, a submarine called K-1, where he became qualified to command one of his own. He never did.”
As a former Dolphin wearer I am glad that he was never a skipper! A Pacifist as a skipper. YIKES!
But as a man, he was a good man and like all of us with clay feet.
Joe Biden is seeking to regulate nicotine levels in cigarettes …
https://www.washingtonexaminer.com/news/white-house/3279584/biden-last-minute-cigarette-ban-could-kill-jobs-welcome-crime/?utm_source=msn&utm_medium=referral&utm_campaign=msn_feed
Not sure how he plans to do that since nicotine is a naturally occurring compound of the tobacco plant. – But no word on reducing the dangerous chemical additives incorporated into cigarettes which is what make them addictive and harmful.
The tobacco plant is not the only plant that has nicotine naturally inherent. This may surprise you …
https://snusdaddy.com/inspiration/what-foods-contain-nicotine
So, why has nicotine always carried the blame and not the chemical additives ?? Hmmm
Skip down to #4. …
https://pmc.ncbi.nlm.nih.gov/articles/PMC7192087/
And here’s a more simple read …
https://ctri.wisc.edu/2022/08/30/nicotine-patch-lozenge-or-gum-during-covid-19-hospitalization-may-reduce-mortality-for-those-who-smoke/
I smoke but my wife doesn’t, so when she feels ill and loses here sense of smell, (you know the symptom) she puts on a nicotine patch and within a few hours she’s up and running again.
Knowing little things like this and, how big Pharma works, it’s easy for me to call bullshit.
Now considering insurance..even with the trillions of dollars being invested in health insurances and the hundred billion in research grants for new medications.. how can they fix it..the fix could potentially be as devastating as the problem. there’s millions of people that rely on the insurance industry for their earnings ..some of my kids are involved in insurance..sure they had their Christmas party in Cancun for their whole family of everyone working.. but seriously that’s pennies on the dollar..
sure it sounds bad but in reality the million dollar homes and recruitment incentives just a token of the actual amounts..
the city will just head to the congress to get bail outs the poor will just move..that’s how the deep water oil drilling engineer ended up in our home..he lost everything. then a freak accident the one two punch of fate..
there’s a song if her daddies rich take her out for a meal if her daddies poor then do as you will.
https://youtu.be/wvUQcnfwUUM?si=l06JbuQsSnyY6kwu
(“Fire insurance coverage in Southern California ended on September 1st, 2024. I don’t know if current policyholders are grandfathered in, nor if they are, for how long.”)
Hmm… insurance companies show record proffits…after Katrina they paid pennies on the dollar..in Florida they Just didn’t pay..
our healthcare system has more than an adequate amount invested in insurance premiums and federal taxes..they make record profits for not paying..
https://www.wfla.com/8-on-your-side/florida-insurers-close-nearly-200k-ian-claims-without-payment/
https://www.npr.org/2007/08/03/12476713/katrina-victims-lose-insurance-court-battle
I have fought insurance companies since before I could shave..do you really expect them to change now just because it’s California that has the damage..
Ugh, bad timing to read your words. I am technically still a licensed agent (though doing very little insurance in a 40 year career … it was simply required).
To my great surprise I’m embroiled in two sides of Humana Medicare Advantage not paying claims? I’m simply not in the mood for this but … they are messing with the wrong fella. For the moment I am tasking my Agent (*) with getting one claim approved (after the fact, my procedure was yesterday) and … get the now (3) checks which are outstanding (not cashed) and lost in the mail? cancelled and replaced.
For benefit of all here. Having problems with your Company? Get moved up to a Senior Associate and/or Supervisor. They generally speak better so are understandable and … should get things done (TBD, each time). Keep detailed notes (I did) and, if push comes to shove, on a recorded line make clear you will next relay correspondence to the Commissioner of Insurance in the state of your domicile. That office can get stuff done (eventually). It’s poison to the Carriers.
(*) why have an agent, for this -or- P&C instead of writing my own coverage through an approved affiliate _and_ getting paid every time my premiums clock? For a day like today.
Brandon (it’s always about him):
“the good news is I’m a great-grandfather as of today. My eldest granddaughter. (Applause.) A 10-pound, 4-ounce baby girl — baby boy. So, I — I’m going to remember this day for a lot of the wrong reasons. But anyway.”
I have finally had comm. with 2 friends and 1 family member in LA. The fam. had to evacuate last night but said their FD fought for the neighborhood (in the hills) or … his two homes would be gone. Well done smoke chasers!
ATL: what is this bright yellow ball crossing the sky. It hurts us Precious! Solar gain has raised the indoor temp a sizzling 6F (a lot when it’s peaking at a high of 28F as I type).
Got Orange Bowl?
Go Irish,
E
In order to save the environment and reduce global warming – those who own homes on the beach side in So Cal may not be allowed to rebuild…
Or they might have to rebuild under more stringent protacalls.
Gonna take years, if ever, before any of them can start rebuilding.
“LA Mayor Karen Bass Gets ROASTED for Cutting $17.6 MILLION”
Where did the money go?
“This Week’s Unholy Mix”
Recall back there (Time Machine needed) the Right’s message was ‘if CA gays are allowed to marry… the God will strike them down’. Batter up. No turning back now.
Yes, it’s a heavy pill.
And since she cut back on the size of the Fire Department, there was a lot of ‘Surplus Fire Equipment’, so she sent it all to Ukraine.
Last night, there were reports they sent some fire personal home because there weren’t enough engines available to use them.
Fruits of DEI in action.
80% of the burned out homes belonged to blue voters. Karma’s a bitch.
Just read this from Hal Turner LA arsonist story,
“One Social Media user ironically commented “for all the talk about “national security”, ICBMS, nuclear defense, terrorist threats etc turns out you can take out the 2nd largest American city by starting a few bush fires…”
Hard comment.
Let’s have some fun with that Vic S.
https://www.leonardo.us/blog/directed-energy-lasers-a-systems-view
https://www.wsj.com/real-estate/luxury-homes/the-pacific-palisades-is-home-to-the-rich-and-famous-now-theyre-being-forced-to-flee-552fae26
I know that when the enemy was about to overtake your boat, the “team” with salt water activated mines saw to it that there was nothing left of any use larger than a postage stamp for said enemy(outsiders) of use to investigate.
Is there a design pattern here people?
Simple brush fires? Oh, hell, no! Gotta be ‘Blue Lasers from Space’. Shades of Lahaina! (sarc)
Who needs insurance? We’ll just make the electric company (users) pay for the damage!
Speaking of insurance – United Healthcare is in damage control mode, again.
Ruthless.
Doctor Says UnitedHealthcare Stopped Cancer Surgery to Ask If Necessary
Adoctor has shared a shocking story of how UnitedHealthcare stopped a cancer surgery to ask if it was medically necessary in a new Instagram video.
Elisabeth Potter, a doctor based in Austin, Texas, created a video on Instagram detailing her experience treating a cancer patient and what she said were the roadblocks UnitedHealthcare put up during a surgery procedure.
https://www.newsweek.com/doctor-says-unitedhealthcare-stopped-cancer-surgery-ask-if-necessary-2012069
The DOJ is also vigorously trying to stop United Health Care from buying Amedisys, which is another huge healthcare corporation. This, to prevent an incredibly huge monopoly.
The DOJ has been quite busy.
The insurance industry is one of the largest profitable businesses in the usa..
when young my wife had a Dalton shield iud.. had tons of medical issues.. then told everyone to suck air.. it’s the business model..
Would encourage everyone to take a few minutes and read this analysis of Florida’s Grand Jury review of the ‘vid vaccines –
https://www.coffeeandcovid.com/p/the-grand-jury-report-thursday-january
And with the fires and everything else going on in the USSA, pedo joe is leaving D.C. to go visit the pedo king at the vatican today. He did mention it to the peasants of la la land that crackhead son ‘s house might have burned down . I’m surprised he didn’t go on about his house burning down with the wife , kids and dog in it.
11
ELEVEN
double 1s
it was known, the sour milkers would upset the apple cart on their sorry ass way out the door.
Fire in the hole, the shit hole aka commicalifornia
DEI=Destruction Eradication and Infection…………
incompetence or cover for intentional fuckin shit up?
they fucking lie,,, diversity is not strenght but is a weakness, a Trojan horse the the leftwingnuts believe is a gift.
speaking of which, Trojan horse, where did the Statue of Liberty come from,,, not America, but we swallowed it, like a Kamel at the oasis
even gave it a name we would accept, but who was/is the model?
PS:don’t drink the sour buttermilk
“PS:don’t drink the sour buttermilk”
Why not?
https://www.youtube.com/watch?v=ra1TbAPpk9E
The result of the LA fires will be a large reduction in real estate taxes. Watch for this topic and new taxes to “replace temporarily” the lost “revenue”. Thank you Comrade for your “contribution”.
Within the last hour I drove by, glanced at, and paid mental homage to the Wendy’s restaurant that President Carter and his family had lunch at 40 years ago, here in Winchester, Virginia.
And on that EIA link George:
There is more oil in AK than theirs is sis Saudi. Brandon made sure he blocked access to ANWR which it, would seem as if an anti domestic oil production agenda wrapped themselves in a cloak of environmental ANWR and Buydem economics….. and it didn’t cost very much in terms of money expenditures for the benefactors to get their monopoly on supply protection LOL.
https://www.politifact.com/article/2022/jul/11/why-us-selling-stockpiled-oil-china-we-have-answer/
https://www.nbcnews.com/politics/national-security/analysis-hunter-bidens-hard-drive-shows-firm-took-11-million-2013-2018-rcna29462
Point being, all the OIL is in AK and the Gulf of Mexico. Pumping as much as can be produced and sold needs to happen starting Jan 20th if there’s any hope of taking some of the pinch on the hyperinflation that Brandon engineered.
Got blockchain?
Ah gees ,,,ain’t that nice as Trump and Obama have a laugh at peanut’s funeral
https://www.bbc.com/news/av/world-us-canada-35571911
PARODY,,,
so Donald says to Barry,,, “remember when ya said I would never be president , well here I am back again for the 2nd nine, after all the crap your boy slo joe and his garland pulled on me with his proxies,,, smith, Fani and Letitia James,,, you can caddy for me, if ya get work release”
https://www.thegatewaypundit.com/2025/01/intriguing-trump-obama-share-engaging-conversation-during-carter/
With the water, underbush, and insurance “problems,” this time the affected people are all big celbrities, and A B, and C listers — “media paople.” People with microphones and edit benches. People in front of cameras. People with word processors connected to lsrge printing presses.
Inluencers.
You will now see Big Changes in California.
Watch the sea change happen.
re: Challenging jobs report?
feat: send money
Folks,
Recall outgoing #46 sent about us$700 million the other day to the Servant of the People party leader in Kyiv? Of course that represents a drop in the bucket of the tens of billions of dollars already poured into the Ukraine mess with arguably disappointing results.
It would appear that Greenland’s largely service industry employment sector is hugely dependent upon subsidy from Denmark. However the subsidy amount of some years past made public was around us$700 million.
Per Year.
One could imagine an incoming US Administration will be comparing what value a US$ billion could buy in Greenland compared to Ukraine.
The war will be over soon?