Monday, January 17, 2022

Silicon Valley Begins to Crack Visibly

by Wolf Richter, Wolf Street:
Chilling photos of for-lease signs lining the Great America Parkway

There are parts of Silicon Valley where commercial real estate is still hanging on, and there are parts where it has let go.

In Santa Clara, it has let go. Overall availability of office space in Santa Clara was nearly 19{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} in the first quarter, according to Savills Studley, up from 14{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} a year ago. Only two other areas in Silicon Valley – Milpitas and North San Jose – show greater availability at respectively 23{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} and a harrowing 30{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}.

Just Like Our Founders 241 Years Ago, We Need To Unashamedly Declare That Our Rights Come To Us From God

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by Michael Snyder, The Economic Collapse Blog:
Why do we celebrate the 4th of July? If you were to ask average people on the street this question, many of them would mumble something about “independence”, but the truth is that most Americans would not be able to tell you clearly why it is a holiday. According to Wikipedia, the 4th of July “is a federal holiday in the United States commemorating the adoption of the Declaration of Independence 241 years ago on July 4, 1776.” Unfortunately, most Americans have never read the Declaration of Independence, and if a similar document was authored today it would be banned from our public schools because it mentions God four times. We have allowed the liberal elite to gain such a stranglehold over our society that even our most cherished founding principles have become politically incorrect.

Illinois House Approves Historic 32{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} Tax Increase, Governor Vows Veto

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from ZeroHedge:
With Illinois, which on Saturday morning entered its third fiscal year without a budget, facing a catastrophic downgrade, late on Sunday evening the Illinois House approved the most controversial element of a budget package, a tax hike which will increase the income tax rate by 32{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} from 3.75{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} to 4.95{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}, and the corporate income tax rate from 5.25{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} to 7{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}, to try and end a historic budget impasse. The bill passed 72-45. The House also approved a $36 billion spending plan minutes later on a 81-34 vote. According to the Sun Times, it cleared an initial hurdle on Friday with 23 Republicans voting “yes.”

“While no one could say this was an easy decision, it was the right decision,” House Speaker Mike Madigan said after the spending bill vote. “There is more work to be done.” Dems said they would work with Republicans on other resolution of other issues on table.

Dave Janda’s Operation Freedom – Sunday, July 2, 2017 – Keith Neumeyer

by Dave Janda, Dave Janda:
Manipulation of financial markets, Benghazi, New World Order Syndicate, Obama Care, Free Market Health Reform, Putin, The Ukraine, ISIS, Syria, The Constitution, Natural resources, Reserve currency, Corruption, gold, silver Global Elite, International Banking Cabal, debt, Federal Reserve, Too Big To Fail Banks, Crony Capitalism, Debt Ceiling, Financial implosion, Recession, Economic Depression, Freedom, Liberty

Click HERE to listen to Keith Neumeyer

Gold And Silver – Why No Rally? Lies, Lies, And More Lies

from Edge Trader Plus:
One thing certain of all politicians, no matter where in the world, they all lie. The US federal government, that captive political body beholding to Wall Street interests, also a subsidiary of the international bankers that controls the West and all fiat-issued currency, is one of the worst when it comes to lies and deceit, primarily because Europe can only play a poor second fiddle to federal US dictates. South America can offer no resistance, nor can South Africa.

China is beginning to flex its overblown might, and Russia, while in opposition, remains under attack by the West, led by the Neocons [Nazi-types] from the US Deep State trouble makers.

The Origins Of The Largest Catholic Church Pedophile Bust In History

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by Katherine Frisk, The International Reporter:
Has anyone seen this article: ‘Unprecedented’ Amount of Child Porn Discovered in the Vatican,“or even remembers the events of 2014? Here are a few extracts:

“…the Vatican reports of Wesolowski not only possessing more than 100,000 images and videos of children being forced into sex acts but also of him sexually abusing multiple children in Poland and the Dominican Republic …” he “…had been placed under “protective” house arrest, but mysteriously died before the case even reached a “courtroom”. “

Bob Rodriguez: “We Are Witnessing The Development Of A Perfect Storm”

by Robert Huebscher, Silver Bear Cafe:
Robert L. Rodriguez was the former portfolio manager of the small/mid-cap absolute-value strategy (including FPA Capital Fund, Inc.) and the absolute-fixed-income strategy (including FPA New Income, Inc.) and a former managing partner at FPA, a Los Angeles-based asset manager. He retired at the end of 2016, following more than 33 years of service.

He won many awards during his tenure. He was the only fund manager in the United States to win the Morningstar Manager of the Year award for both an equity and a fixed income fund and is tied with one other portfolio manager as having won the most awards. In 1994 Bob won for both FPA Capital and FPA New Income, and in 2001 and 2008 for FPA New Income.

In a recent quarterly market commentary Jeremy Grantham posited that reversion to the mean may not be working as it has in the past. What are your thoughts on mean reversion?

There will be a reversion to the mean. We are in a very difficult and challenging time for active managers, and in particular, value style managers. Many of these managers are fighting for their economic lives.

Stocks and Precious Metals Charts

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from Jesse’s Café Américain:
“To escape the pain caused by regret for the past or fear about the future, this is the rule to follow: leave the past to the infinite mercy of God, the future to His good Providence, and give the present wholly to His love by being faithful to His grace.”

Jean-Pierre de Caussade, Abandonment to Divine Providence

“Man has places in his heart which do not yet exist, and into them enters suffering, in order that they may have life.”

Is Antarctica The Key To Controlling The Weather?

by Melissa Dykes, Activist Post:
In this video, Melissa Dykes of TruthstreamMedia.com explores the history of weather modification from Antarctica and reveals that current technology located on the mysterious continent appears to still be in operation.

New Jersey Governor Issues A State Of Emergency Executive Order

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by Mac Slavo, SHTF Plan:
In an attempt to shield those living in the Garden state from the problems their government created, the governor, Chris Christie, has now signed an executive order issuing a “state of emergency.” As speculation grows that New Jersey will soon follow in Illinois’ footsteps, the government is proving forecasters correct by their inability to pass a constitutionally mandated budget.

Not only did New Jersy’s inability to pass a budget shut down the government (but not really. Don’t worry, you’ll still be taxed and welfare checks will still go out) but it scared Christie enough to sign a state of emergency executive order.