"Perhaps no one has felt the pain more than car buyers. It’s not just that sticker prices are way up. Or that lenders have tightened credit standards. On top of all that, steadily higher auto loan rates have elbowed many would-be buyers out of the market." -A.P.
Observations and opinions. My opinion and $1 (it was 50 cents but I've adjusted for inflation) will get you a cup of really bad coffee.
Wednesday, July 26, 2023
Tuesday, July 25, 2023
Powell's Heap Um Big Pow Wow
Thursday, July 20, 2023
The Cure for High Prices is High Prices
"California cities where the median rental price decreased
- Los Angeles metro by 2.6%,
- San Bernardino metro by 5.9%,
- Sacramento metro by 3.5%
- San Diego metro by .6%
- San Francisco metro by 4%
Overall, in the western metro area of the country, rent was 3% lower than where it was last year."
Where the Western coastal cities and the North East lead, the rest of the country generally follows shortly thereafter.
"Asking rental price" is the proverbial fly in the ointment where it comes to grossly inflated "asking sale price" for real estate. For many people, if renting makes more financial sense than owning, they will rent a home instead of buying a home.
Wednesday, July 19, 2023
All Signs Point To a Long and Slow Death
Sometimes, the only way to win at a game is to not play. Active participants in today's housing market game will live to regret their actions.
Read about housing starts at Zero Hedge here.
Saturday, July 15, 2023
Just Believe
Friday, July 14, 2023
Costco Possibly Quitting Queer Beer
The asterisk in the upper right corner normally indicates that Costco will no longer stock the item after existing items are sold. Get woke and go broke.
Not so long ago (2020), Beyond Meat company stock traded at a price of nearly $200 per share. It is now trading at under $18. It's price to earnings ratio (P/E) remains in the negative. That means that it has still not turned a profit as a company and is a purely speculative stock.
It is a Hoola Hoop or a Pet Rock. A fad. A trendy and shiny item that your teenage daughter thinks is cool.
Anheuser Busch searched high and low and found a woke, female, white millennial ass hat with an ivy league degree under her belt and they made her the Veep of one of their more successful products. The horse faced girl on the left (go figure) is her. 40 years of being on top of the light beer heap and they threw it all away.
And for what? Virtue signaling inclusive bullshit. No different than white suburban kids sending in their lunch money and car wash earnings to the local BLM chapter so that Patrice Cullors could go out and buy a multi-million dollar mansion in a predominately white neighborhood in southern California. Whitey America that resides in the burbs has some of the most stupid fucking offspring in the country. Truly dumb.
Friday, July 7, 2023
Democrat Party - A Coalition of Morons, Hustlers, Gullible Young People and the "Perpetually Aggrieved"
"Grace Meng (D-NY) announced today that she reintroduced her legislation that would lower the voting age in the United States to 16-years-old. The Congresswoman's measure seeks to replace the 26th amendment of the U.S. Constitution with a new amendment that would allow 16- and 17-year-olds the right to vote."
Go figure that this asinine idea came from a woman with a "D" behind her name.
The image is for those of you astute enough to put two plus two together and consistently come up with a sum of four.
Just think of some of the complete morons you went to high school with and wonder if you would want them expressing their opinions as "Great Americans" on the direction of the country. I remember myself as a teenager and would have had no business what so ever casting a vote.
Thursday, July 6, 2023
Artificial Intelligence - Collection and Repossession Assistant
"And instead of flying us to work, collapsing into briefcases (or backpacks), and hanging under desks while we work, our cars can now refuse to let us in.
Wait. What?!
Yup. A Ford repossession patent would make it so autonomous and semi-autonomous cars could disable air-conditioning or even drive themselves to the repo lot if they think you’re ignoring delinquency notices."
Sunday, July 2, 2023
France's "Saint George Floyd Moment"
Some kid from Africa who migrated to France tried pulling away from a legitimate traffic stop and the cop waxed him right on the spot. Overkill? Probably. The price paid in kind by the French is to have whole sections of cities burned to the ground, looting, out of control chaos, etc. The mainstream news sources are not talking a whole lot about it but you can read all about it right here.
Why are so many Africans in France in the first place? Because the French are too lazy to build their own buildings and do the manual labor needed to keep their country going. Too busy drinking and eating and collecting very generous social welfare benefits that are financed by the working class which is increasingly made up of migrating Africans with far different ideas about social norms than the native French. Sound familiar yet? Any patterns forming for you yet, Skippy?
They had their chances to avoid all this bullshit when Le Pen family members were running for office (both the father and the daughter) but they blew it.
I'm not a white supremacist (my shit stinks just like the next man or woman) but I might accurately be called a white separatist. Associate with those who are like you and "pick your own fucking cotton" and you'll live a life that has a lot less drama and bullshit. All that "We Are The World, kumbaya my Lord" bullshit is just that - bullshit.