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richwicks saysEric Holder saysThe appt might still appreciate but it's impossible to live in it while it does so. It's fucking Tenderloin, man.
Do you think these people are buying these condos because it's their preferred location to live? They are buying them as an investment.
They still live there, LOL. If we are to believe the article.
Eric Holder saysrichwicks saysEric Holder saysThe appt might still appreciate but it's impossible to live in it while it does so. It's fucking Tenderloin, man.
Do you think these people are buying these condos because it's their preferred location to live? They are buying them as an investment.
They still live there, LOL. If we are to believe the article.
They just committed to a million dollar investment.
They just committed to a million dollar investment.
Yes, and they are mighty stupid for that. As was noted above.
Every is leveraged just about - EVERYBODY.
richwicks saysEvery is leveraged just about - EVERYBODY.
Not me. Deflation would give me great opportunities. But since we will likely have massive inflation that will make my savings worthless, I'm boned.
... but yes, the bottom 50% of households are massively in debt, with no way out.One problem I have with economic analyses of wealth percentiles is the lack of analysis of transition from one tier to another. Frequently these are just static snapshots.
WFSB Channel 3
@WFSBnews
Nov 10
CAUGHT ON CAMERA: Multiple people seen walking out of an #Oxford grocery store yesterday morning with shopping carts full of items they didn’t pay for…
As Covid descended on California in March and April last year economies began to shut down and the debate raged over what businesses were deemed “essential.” There was a rather public dialogue between Elon Musk, the founder of Tesla, and Alameda County authorities regarding the forced shutdown of the Tesla plant in Fremont.
This dialogue was punctuated by a pithy tweet from Assemblywoman Lorena Gonzalez who describes herself as a Progressive (Socialist) Latina Democrat, “F*ck Elon Musk!”
At that time, we had no idea how much that tweet… and that attitude… would cost us. Elon Musk rather calmly threatened to leave the state. The Governor was arrogantly dismissive, saying “Elon Musk isn’t leaving California anytime soon!”
Six months later, Elon Musk has left California.He has sold (or is in process of selling) all his personal real estate in the state. He is now a resident of the state of Texas. He has moved his philanthropic foundation to Texas. One of his companies, Space X, is based in Texas and Tesla is building a new plant outside of Austin, TX.Consider the unfathomable irony of in-your-face progressive/Socialist democrats forcing Elon Musk to give up on California?
Musk came to this state as an immigrant and proceeded to do more to reduce greenhouse gas emissions through Solar City and Tesla than all the “progressive,” "ultra-leftist," politicians in the state combined. Anyone can make a proclamation or talk about climate change. Musk didn’t talk about it. He simply brought products to market that benefited the consumer, the environment, and his shareholders.
He should have been the “poster boy” for the green agenda, but instead they turned on him and tore him apart because he refused to buckle to absolutely arbitrary regulations based on flimsy, most often ridiculous, medical data.
(By the way, automobile manufacturing is now deemed “essential” in CA.)
There is no way to know for sure what Mr. Musk will pay in California state tax this year, but it would surprise no one if he paid the most of any individual resident. Next year, he will be a much happier resident of another state and pay a small fraction of the taxes squeezed out of him and his employees while in our state. The damage goes much deeper than the tax revenue of one person.
Musk didn’t just leave the state. He “turned” on the state, as well he should have. It is now his mission to get other innovators to leave as well, as well he should.
According to the Governor of Texas, he is on the phone with Musk at least once a week, strategizing about how to get other CA companies to relocate to Texas. In the last few weeks, Hewlett Packard Enterprise and Oracle have both announced they are moving their HQs to Texas, with 13 other potential moves in the pipeline.
This will suck a lot of the financial and social life out of CA. That is not to say this was all caused by one arrogant and explosive, sneering, leftist, tweet.
Plenty of other factors are in play:Companies are realizing they don’t need a highly centralized HQ, their employees can be productive from wherever they choose to live.
·The outrageous high cost of living in the bay area
·Governments inability to deal with highly visible issues like homelessness; 2,000,000 in CA and growing by the hour.
·Executives, their elderly parents and their small children, have grown tired to stepping over syringes and feces in the streets of San Francisco.
But the fact remains, CA state income tax is the highest, CA’s ranking for “business friendliness” is lowest, and we have elected hardcore USA-hating leftist representatives who happily -- often to the cheers of their leftist supporter -- lob crass, schoolyard, vulgar f-bombs at the people who are paying the freight. Half, 53.6%, of the tax in this state is paid by less than the top 1% (the top 0.91%), and many in that category are realizing they can easily make their living from anywhere.
Try to add up the lost tax revenues of having the second wealthiest man in the world and the executive teams of great companies, international giants like HP and Oracle, depart the state. We’re talking tens of billions of dollars in lost revenue every six months. Not to mention the philanthropy, which is gone too.
Today, not a single Republican holds statewide office in California.
Elon is also the target of typical Lockheed style anonymous defamation, like they did with F-35 critics.
https://esghound.substack.com/
(Literally every article he writes about Enviro Destruction is about SpaceX)
The Environmental Suits against Boca Chica aren't accidental. I bet you $10 they are financed - probably via laundering in many firms - by Bezos and Lockheed and Boeing.
Organized retail criminals are making the most of San Francisco’s urban chaos
Even in thrall to schizophrenia or demons or addiction or whatever madness it is that has him sleeping out of doors, this man can get a sandwich anytime he wants. Beer, too, or wine, and toiletries (though those don’t seem to be a top priority at this point in his career), the latest issue of Harper’s, whatever. All he has to do is walk into a store and take it. When I checked in at my hotel, I got a $50 credit at the hotel shop, but this guy does not need American Express — he has a $950 credit at every store in town, because San Francisco has effectively (though not quite formally) decriminalized theft of that amount or less. And the city has shown itself unable or unwilling to prosecute a lot of shoplifting amounting to much, much more than that. What has developed are parallel crime waves: One is good old San Francisco street-level hippie-dirtbag chaos, and the other is organized crime, with packs of shoplifters working for ringleaders and bosses who move the goods through both physical and online distribution networks that turn tens of millions of dollars in profit. There is more to this scene than what you see on San Francisco’s lunatic sidewalks. ...
Enforcing the law on the law-abiding is relatively easy, but enforcing the law on outlaws is hard work. My taxi driver says he thinks it’s stupid that he and his riders are required to be masked at all times even though they are separated by a plastic partition, but he says drivers have been fined and had their licenses threatened for carrying passengers without masks. It’s an easy offense to prosecute, and masking here in this most progressive city is a powerful symbolic and ritualistic issue, a declaration: “We are not red-staters!” even if Elon Musk now is, along with many other Golden State refugees. Arresting shoplifters at Walgreens is a different kind of symbolic issue, and the Powers That Be in San Francisco just won’t do it. ...
For the moment, COVID-19 has given professional shoplifters something very valuable: a mandate to wear masks in public. For years, California maintained a prohibition on public mask-wearing, but that law was overturned after a challenge from Iranian expatriates in California who wished to cover their faces while protesting the abuses of the ayatollahs’ regime. (The University of California at Berkeley has a policy prohibiting the wearing of masks by people for the purpose of “intimidation” — unless the masked parties are affiliated with the university.) ...
An elderly woman operating a small shop in San Francisco’s Chinatown was exasperated by a thief who brazenly stole cellphone accessories and then returned a few hours later to “return” them for cash. She chased him off but a few hours after that he returned again to steal some more. That time, a shopper stopped him. A few hours later, the thief returned once more, but not to steal — he pepper-sprayed the shopkeeper as a warning not to interfere with him again. Others interfering with shoplifters have been beaten, stabbed, and shot. Unless storekeepers are actually murdered, city officials have almost no discernible interest in these cases. There have been few convictions or even prosecutions resulting from them.
This is in a town Wallingford CT where the police were never defunded, and has strict shoplifting laws. msn.com/en-us/news/crime/bra…
Far-left San Francisco DA files homicides charges against officer who shot man who was attacking cops
Posted by: Chris Elliot|November 5, 2021 |CategoriesCaught on Camera, Investigations, Law and Legal, Must Reads, News, Patrol, Politics and Policing
SAN FRANCISCO, CA – Controversial San Francisco District Attorney Chesa Boudin announced murder charges against an officer who shot a man on a noise complaint in 2017.
Boudin alleges that the officer should have de-escalated the situation instead of resorting to deadly force.
Boudin announced manslaughter charges against San Francisco Police Officer Kenneth Cha during the first week in November from the incident which occurred on January 6th of 2017.
What happens when a lot of people want a good—say, housing—that is in short supply? As even elementary schoolers learn, prices go up. Now, what happens when you increase the supply to keep up with the demand?
San Francisco may never know, for, as in many other American cities facing housing crunches, a bloc of local politicians has made it their mission to block any new construction if it fails to satisfy a list of must-haves that could put the most ravenous child’s Christmas list to shame.
richwicks says494 million out of 7.9 billion is 0.6%
I think you meant 6%
SAN FRANCISCO, CA—In a beloved San Fran tradition, stores across the city are holding their annual 100% off Black Friday sale today, offering shoppers the opportunity to come in, throw as much stuff in a bag as they can fit, and run out of the store.
"Come one, come all, and check out these amazing discounts!" said the manager of one San Francisco Walgreens. "You can get makeup, electronics, Takis, sunglasses, you name it—even prescription medications!"
One shopper said she just had to go check out the savings on designer handbags. "Yeah, I don't really like going out in the crowds, but for 100% off, sure. I'll throw on a ski mask and some gloves and grab as many Gucci purses as possible."
What's more, shops across San Francisco are offering an extended return policy on all goods taken from the store during these amazing 100% off bargain sales, so that you can bring that big screen TV back if it doesn't end up fitting or you can't flip it on OfferUp for a tidy profit.
At publishing time, the stores had confirmed they will be holding this sale every day for the foreseeable future, or at least "as long as the Democrats remain in office."
NOVEMBER 22, 2021
Leftist Cities Hit by Crime Spree
Looters in Chicago and San Francisco staged coordinated raids on high-end stores.
Welcome to San Francisco. A Japanese woman from NYC has her car broken into and her camera equipment and work laptop stolen by a white supremacist engaging in bread-getting. Seth Rogen says this is just a normal thing to deal with in beautiful California. pic.twitter.com/z2OGRiE9XE
— Ian Miles Cheong @ stillgray.substack.com (@stillgray) November 28, 2021
Libs of Tik Tok
@libsoftiktok
Nov 29
Looters looting other looters. Love to see it 😂😂
https://notthebee.com/article/please-enjoy-this-video-of-looters-looting-other-looters-
https://nitter.pussthecat.org/Not_the_Bee/status/1465393803120889860
Libs of Tik Tok
@libsoftiktok
Nov 29
Looters looting other looters. Love to see it 😂😂
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