Society's Child

NYC apartment landlords getting burned in gentrification crash

Prashant Gopal, John Gittelsohn and Oshrat Carmiel
Bloomberg
Tue, 26 Jan 2021 23:03 UTC

New York's apartment investors are suddenly waist-deep in distress.

By December, they were behind on $395 million of debt backed by mortgage bonds, almost 150 times the level a year earlier, according to Trepp data on commercial mortgage-backed securities. Tenants in rent-stabilized units owe at least $1 billion in rent and wealthier ones are fleeing the city, leaving behind vacancies and pushing newly-built luxury towers into foreclosure.

For years, as crime dwindled and rent climbed in New York, investors gobbled up apartment buildings. But with the city's economy and culture crushed by Covid-19, mounting job losses have derailed the gentrification boom and put financial pressure on landlords.

Comment: See also:

Progressive writer says quiet part out loud about AOC's story, demands fact checkers start doing their jobs

Sister Toldjah
Red State
Tue, 02 Feb 2021 15:15 UTC

We reported earlier on Rep. Alexandria Ocasio-Cortez's Instagram Live chat from last night where she made some pretty astonishing claims about what she says happened to her during the Capitol riots last month.

The second-term Congresswoman otherwise known as AOC went on for some 90 minutes alleging, among other things, that she didn't have a good feeling about the Capitol police officer who came to her office to urge her and her staff to go to another building further away from the danger.

"It's that lack of trust that creates so much volatility and fear," she stated while noting she was fearful that the officer might be there to hurt her because he allegedly looked at her "with a tremendous amount of anger and hostility."

Comment: If AOC continues her spree of hyperbolic claims, the very few who still take her seriously will start abandoning ship.

See also:

HR 127: A new bill in Congress would literally end your 2nd amendment rights permanently

Michael Snyder
End Of The American Dream
Mon, 01 Feb 2021 08:49 UTC

If a new bill that has been introduced in Congress eventually becomes law, the 2nd Amendment will still be in the U.S. Constitution, but for all practical purposes the rights that it is supposed to guarantee will be dead and gone. H.R. 127 was submitted on January 4th, and if you have not read it yet you can find the full text right here. It contains a lot of technical language, and so in this article I am going to try to break down what it means very simply. Now that the Democrats control the White House, the Senate and the House of Representatives, there is going to be a major push to ram through some form of gun control legislation. If it is not this bill, it will be another one, so we need to be diligent.

One of the biggest things that H.R. 127 would do is that it would create a national firearms registration system that would literally be accessible by anyone...

HR 127 establishes a federal firearms registration system that will be accessible by federal, state, and local governments, including the military - even the GENERAL PUBLIC! The system will track the make, model, and serial number of all firearms, their owners, the dates they were acquired, and where they are being stored.

So if your neighbor, a co-worker, or someone that just wanted to rob your home wanted to know how you were armed, all they would have to do would be to look it up in the firearms registration system.

This bill would also apply retroactively.

Europol warns gangs are selling fake COVID certificates for air travel

Tyler Durden
ZeroHedge
Wed, 03 Feb 2021 08:25 UTC

Criminal gangs in Europe are producing and selling fake negative COVID-19 test certificates in airports and online, according to Europol, the bloc's police cooperation and coordination agency.

"As long as travel restrictions remain in place due to the Covid-19 situation, it is highly likely that production and sales of fake test certificates will prevail," Europol said in a statement Monday.

"Given the widespread technological means available, in the form of high-quality printers and different software, fraudsters can produce high-quality counterfeit, forged, or fake documents ... Member states should be vigilant," Europol continued.

Comment: Seems fitting that along with the fake pandemic, we are seeing a proliferation of fake documentation. And with the lockdown and restrictions dragging on for no good reason, likely to be very popular.

Amid COVID, nursing home uproar, a mass exodus of Cuomo health officials

Bernadette Hogan, Carl Campanile and Bruce Golding
New York Post
Mon, 01 Feb 2021 15:46 UTC

At least nine top Cuomo administration health officials have resigned, retired or been reassigned amid the coronavirus crisis that's devastated New York — while embattled Health Commissioner Howard Zucker has kept his job.

The flood of departures was reported Monday by the New York Times, which tied them to dissatisfaction with Gov. Andrew Cuomo's handling of the coronavirus crisis and cited sources who complained that pandemic policy is set entirely by Cuomo and a close circle of aides rather than health experts.

"When I say 'experts' in air quotes, it sounds like I'm saying I don't really trust the experts," Cuomo acknowledged in a stunningly blunt answer to a reporter's question Friday.

"Because I don't. Because I don't."

A health care industry source called it "hard to reconcile that comment with 'We're gonna let the science lead us' or 'We follow the science.'"
"Well, who is providing the science?" the source said.

Comment: Cuomo is a very dangerous idiot and the sooner more New Yorkers recognize the reality of his incompetence and the political motivations behind the Covid-hysteria he's induced, the better. He should have been recalled many months ago.

Kushner and Berkowitz nominated for Nobel peace prize, joins Greta Thunberg and Alexei Navalny

The Guardian
Sun, 31 Jan 2021 23:00 UTC

Former White House senior adviser Jared Kushner and his deputy, Avi Berkowitz, have been nominated for the Nobel peace prize for their role in negotiating four normalisation deals between Israel and Arab nations known as the "Abraham Accords".

Kushner, who is Trump's son-in-law, and Berkowitz, who was the Middle East envoy, were key figures in negotiating deals between Israel and the United Arab Emirates, Bahrain, Sudan and Morocco.

The two former deputies to then-President Donald Trump were nominated by American attorney Alan Dershowitz, who was eligible to do so in his capacity as a professor emeritus of Harvard Law School. Dershowitz defended Trump in his first impeachment trial last year and told the Wall Street Journal on 20 January that the Senate should dismiss the article of impeachment against the former president, as he was no longer in office.

The bar for nominations is low, as they are are accepted from thousands of people, from members of parliament to former winners and heads of state. There were more than 300 nominations for last year's award, which was ultimately won by the World Food Programme. Kushner said in a statement he was honoured to be nominated for the prize, which will be awarded in October.

Comment: Not all were on the same Nobel page as Dershowitz for this nomination, reactions brutally reveal:

Scotland extends lockdown until end of February, announces 'managed quarantine' for all international arrivals

RT
Tue, 02 Feb 2021 15:38 UTC

© REUTERS/Russell Cheyne/File Photo
FILE PHOTO: A government public health information message is seen on a roadside sign near Milnathort, Scotland, UK

The Scottish first minister has extended the nation's lockdown amid severe pressure on the NHS and says the country will bring in new measures to prevent potentially harmful variants entering Scotland from abroad.

Comment: The NHS is under no more pressure than usual, in some parts of the UK it has actually seen LESS admissions than usual: NHS had 15% LESS patients this December compared to 2019 - Any crisis is due to budget cuts, staff shortages and excessive measures

The latest data shows that there has been "real progress" in bringing Covid-19 case numbers down, First Minister Nicola Sturgeon told lawmakers on Tuesday, but she also issued words of caution. "The situation does continue to remain fragile...The risk is increased as the new variant accounts for 73 percent of new cases," she noted.

Pressure on the NHS is severe, she added, noting that the number of people in hospital is still 30 percent higher than during the first peak of the pandemic in Scotland.

Comment: Note that they don't compare that with previous years with serious flu, because the difference would be minimal.

Comment: The lockdowns appear to be indefinite. In England councils have had their emergency powers extended until July - they may have gone for longer however that's all the current laws will allow. This is the new normal that leaders and figureheads around the world have been conditioning people into accepting, accompanied by their 'catchy' slogan to "Build Back Better", and it just so happens they have this harmless virus to blame:

Also check out SOTT radio's: NewsReal #34: Covid By Numbers

Texit on the horizon? Texas secession bill formally filed in state legislature

Fares Sabawi
ksat.com
Mon, 01 Feb 2021 20:10 UTC

Rep. Kyle Biedermann's proposal would allow for referendum on Texas secession

Texas State Capitol, Austin

After weeks of touting his secession bill on social media, State Rep. Kyle Biedermann, R-Fredericksburg, formally filed the proposed legislation on Friday, which would give Texans a chance to explore opting out of the union in a referendum.

Biedermann began talking about the potential "Texit" in early December, saying it's his response to a federal government that is "out of control and does not represent the values of Texans."

In a news release published after he filed the bill, Biedermann said HB-1359 would not allow for "immediate independence," but create a referendum that, if approved, would lead to the creation of a committee that would develop a plan for secession.

Comment: Needless to say, the owners of the USA aren't going to like this one bit.

How long before Russians are blamed for 'sowing discord in the American dream'?

Moscow Court replaces Navalny's suspended sentence with 3.5 years in prison in fraud case

Sputnik
Tue, 02 Feb 2021 19:39 UTC

The Simonovsky Court of Moscow on Tuesday cancelled Alexey Navalny's suspended sentence in the Yves Rocher case and replaced it with 3.5 years of real sentence in a colony, a Sputnik correspondent reported from a visiting session in the Moscow City Court.

"The court finds the FSIN's [Federal Penitentiary Service] presentation to be satisfied," judge Natalya Repnikova read the decision.

Taking into consideration the time Navalny previously spent under house arrest, the real sentence will be 2 years 8 months, the court said.

The decision to change the suspended sentence has not yet entered into force. The parties have ten days to appeal the ruling.

Navalny's defence will appeal the court's ruling, his lawyer Vadim Kobzev said.

Row over SNP decision to boost disabled and ethnic minority candidates

Gina Davidson
The Scotsman
Tue, 02 Feb 2021 19:10 UTC

Nicola Sturgeon's party is enveloped in a new row involving minorities.

A decision taken on Sunday by the party's National Executive Committee (NEC) will see the SNP challenge the legal restrictions around political parties promoting minority groups other than women, in a bid to increase their representation in the Scottish Parliament.

The party agreed a proposal that would see the top spots on the eight regional lists for the May election reserved for either a black and ethnic minority candidate or a disabled candidate.

However, the move appears to go against legal advice the party received from Jonathan Mitchell QC, which was later leaked, who said such a decision was legally "dubious" and would be open to challenge in the courts.

Mr Mitchell also raised concerns about the party's plans to allow people to self-identify as BAME and disabled, though he said there was statutory guidance for the latter.

Rice Krispies Treats, Sour Patch Kids, some Ben & Jerry's ice cream flavors, McCormick gourmet spices, and Marie Callender's pot pies That's...

Scoot Over

.. .. failer alert: Won't work; this double up side down inference that anybody even wants your death jab

Jibrish

I think he'd be more concerned about the lack of water in the state, which may not improve by 2024. Also, you still have to produce the power for...

Artex

Police chief Francisco Salgado Valladares looks like one of those Olmec head carvings. Weird.

Artex

Holy shit! Of course they're talking about stealing the water (which is also food) and as asswipe Kissinger said... -1 These NACs will then...

Rowan Cocoan

Society's Child

NYC apartment landlords getting burned in gentrification crash

Progressive writer says quiet part out loud about AOC's story, demands fact checkers start doing their jobs

HR 127: A new bill in Congress would literally end your 2nd amendment rights permanently

Europol warns gangs are selling fake COVID certificates for air travel

Amid COVID, nursing home uproar, a mass exodus of Cuomo health officials

Kushner and Berkowitz nominated for Nobel peace prize, joins Greta Thunberg and Alexei Navalny

Scotland extends lockdown until end of February, announces 'managed quarantine' for all international arrivals

Texit on the horizon? Texas secession bill formally filed in state legislature

Moscow Court replaces Navalny's suspended sentence with 3.5 years in prison in fraud case

Row over SNP decision to boost disabled and ethnic minority candidates

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