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Saturday, September 7. 2024

I’m a trad wife — here’s why a lot of women just want to take back their homes

Totems and Taboos - A cancelled academic has produced a fine new book about the threat posed by progressive pieties

Climate Indoctrination Accelerates As The Narrative Breaks Down

Say, Why Has Hurricane Activity Been So Low The Last Few Weeks?

America's killer cars

When Students Become Terrorists - The Weather Underground railed against the establishment. Today’s campus protesters are supported by it. Call them the Weather Overground.

Sony Humiliated After $200 Million Diversity Video Game Disaster

Stuart's Saturday Miscellany

Criticizing the press is not censorship

Alan Dershowitz leaves Democratic Party, cites DNC: 'I was disgusted'

Harris Wants National Rent Control. Here's What Happened When the Dutch Tried a Similar Plan.

Posted by Bird Dog in Hot News & Misc. Short Subjects at 08:01 | Comments (19) | Trackback (1)

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America's killer cars

The problem isn't the cars, it's the heedless truckheads who drive them, especially the $70k+ behemoth pickups and SUVs. I rented a monster Chevy Tahoe one week, and while comfy, it was a peril to drive, with horrible sight lines and an automatic transmission totally unsuitable for snow and ice.

True story: one senior truckhead ran over the front fender of my wife's Z4 pulling out of a parking space because he couldn't see her car next to him.

The sad news is that most of these kindertodtschlageren* aren't being driven by tradesmen with heavy toolboxes and big trailers to haul, but by show-offs who mortgage their future with a 72- or 84-month note so they can park a chromed-up Big Wheel in their driveway to impress people they don't even know. And killer kar karma is a bitch: these monstrous trucks are too tall to fit in the garage, so every week the local web has some truckhead singing the blues about the local ladrones rifling his truck, taking his tools, his wheels, or his unsecured firearms.

*child-killers: a small child cannot be seen less than 12 feet out from the front of a monstrous truck, so they often end up as roadkill.

#1 Mike Anderson (Link) on 2024-09-07 09:14 (Reply)

Rent control

I own a new home in a nice neighborhood but I rent it out. Moved to the sun belt a few years ago. I would probably sell the home if the IRS didn't take half of the selling price out of my pocket. So I'm kind of stuck with it. If I were to buy it for what it's worth today it would cost me about $3500 a month for mortgage, taxes and insurance. It rents for about $2200 a month. I could maybe push the management company into raising the rent to $2500 but then I would risk it being unrented. This rental arrangement is only practical because of the penalties taxes would create and the inflation would slowly reduce the value of a cash or money market next egg. So every year I see the value of the home increase and that's good, but the income from it, the rent doesn't increase while the taxes and insurance goes up every year. So on paper it's a nice investment but owning rental properties is a pain in the ass. Now imagine how much worse it would be if rent controls were implemented. Inflation has made the home worth more and the rents higher but it also made my taxes, insurance and upkeep cost more. But the only thing that the government wants to control is the rent.

#2 OneGuy on 2024-09-07 09:39 (Reply)

OneGuy: I would probably sell the home if the IRS didn't take half of the selling price out of my pocket.

Maximum capital gains on an investment property you have owned for more than a year is 20%. And that's only on the gain, not the total value.

#2.1 Zachriel on 2024-09-07 09:52 (Reply)

Although this rental house is relatively new, built in 2016 I rolled over a long term rental. Essentially it has been a rental for 35 years. 100% of it's sale will be capital gains and will be taxed.

It is important to note that the original home was bought for $49k in 1988 and this home is worth $430k today. But all of the gain is due to inflation. In other words in spite of the increase in value my asset is still worth exactly the same in gold or silver or other real items I could buy. However the government is going to act as though there was an actual "profit" and tax me on that profit even though it is all inflation. At the 20% rate I would have to pay $86k to the federal government as though I made money which I didn't. And under Kamala's tax proposal I would have to pay $120K in federal taxes. But there was no profit!!! On paper it looks good but if you dscount inflation there was zero gain in value.

#2.1.1 OneGuy on 2024-09-07 10:43 (Reply)

OneGuy: Although this rental house is relatively new, built in 2016 I rolled over a long term rental.

Which presumably allowed you to avoid paying capital gains at the time.

OneGuy: 100% of it's sale will be capital gains and will be taxed.

Taxed, but not taxed at a 100% rate.

OneGuy: But all of the gain is due to inflation.

$49,000 in 1988 is $130,000 in 2024.

OneGuy: In other words in spite of the increase in value my asset is still worth exactly the same in gold or silver or other real items I could buy.

In 1988, the property was worth 45 oz of gold. Today, the same house is worth 144 oz of gold, more than three times as much.

#2.1.2 Zachriel on 2024-09-07 11:04 (Reply)

Math is hard, check your math.
Gold price average in 1988 was about $440 per oz. That means the house cost about 110 oz of gold.

Gold price in 2024 is about $2500 per oz

$2500per oz and 110 oz makes the equivalent of $275,000 value with NO inflation in gold valuation.

Capital gains tax only on amount over $275,000 but as we know already only the government wins using inflatable dollars. We lose.

$430,000 minus 275,000 (no inflation value) is $155,000 taxed at 20% is $31,000 tax. Yea, uncle Sam is a greedy deceptive clown.

#2.1.2.1 indyjonesouthere on 2024-09-08 16:17 (Reply)

Yikes. Put in the wrong values for both starting and ending for your home on the spreadsheet.

Still a handy profit compared to buying gold. You may also have deductions that can be used to reduce your tax liability. Hope that helps.

#2.1.2.2 Zachriel on 2024-09-08 16:45 (Reply)

And an even better investment than sitting in dollars.

#2.1.2.2.1 indyjonesouthere on 2024-09-08 16:48 (Reply)

And we can also observe that the stock market, measured in the gold/Dow ratio shows the stock market actually topped out back in 1999. Any gains since are simply imaginary, but very taxable. As the Dow drops it becomes even uglier.

#2.1.2.2.2 indyjonesouthere on 2024-09-08 16:56 (Reply)

QUOTE:

Climate Indoctrination Accelerates As
The Narrative Breaks Down

Global warming continues apace.

QUOTE:

Rather than being “swallowed by an ever-expanding Sahara, with desertification” posing “the ‘greatest environmental’ challenge of our time,” Earth is actually turning greener.

Yes, that's a natural consequence of CO2 fertilization; however, the rate is much too small to stop the continued increased in atmospheric CO2 and the resultant global warming.

QUOTE:

New Scientist reported last month that “part of the Atlantic is cooling at record speed and nobody knows why.”

The surface warms and cools periodically, the Pacific and an Atlantic Niña due to equatorial upwelling. The surface of the Atlantic cooling faster than usual and the two cycles are coinciding.

However, the ocean heat content continues to increase.

#3 Zachriel on 2024-09-07 10:11 (Reply)

There is no AGW. Should I repost the historical CO2 vs temperature change charts for your viewing pleasure?

#3.1 indyjonesouthere on 2024-09-08 16:20 (Reply)

The link to the chart you posted displays the temperature anomaly around a baseline of zero. Stated differently, the chart displays the temperature variance RELATIVE to some baseline.

What is the ACTUAL (or absolute) baseline temperature? Was it constant for the entire period 1970 to 2020?

#3.2 Cooter on 2024-09-08 22:30 (Reply)

Cooter: The link to the chart you posted displays the temperature anomaly around a baseline of zero.

Not temperature anomaly, but heat anomaly (in 10x zettajoules). The baseline is arbitrary; in this case, the baseline is set in 1979.

See Levitus et al., World ocean heat content and thermosteric sea level change (0–2000 m), 1955–2010, Geophysical Research Letters 2012. Take a look at Figure 1. The reference period is 1955-2006. Note how the heat is migrating to deeper ocean depths over time. About 90% of the excess heat due to anthropogenic global warming is absorbed by the oceans.

The Argo Program is made up of a fleet of robotic instruments that measure temperature and salinity across the oceans. Along with satellites, proxy data, radiosondes, spectroscopes, and historical data; it really is amazing what scientists will do to further their research.

#3.2.1 Zachriel on 2024-09-09 08:31 (Reply)

Interesting graph; thank you. However, the Y-axis is labeled "Temperature Changes."

So what is the 1979 baseline temperature? Is it the same for the entire period covered by the chart - 1970 to 2020? Is this a global temperature?

Your graph is a 2004 forecast; how about an updated forecast?

I find these anomaly graphs interesting. Instead of an "arbitrary" baseline, why not display the graph with actual temperature?

#3.2.1.1 Cooter on 2024-09-09 09:40 (Reply)

Cooter: However, the Y-axis is labeled "Temperature Changes."

Sorry. Thought you were referring to the Ocean Heat Content. You were apparently referring to the statement "Global warming continues apace."

Cooter: The link to the chart you posted displays the temperature anomaly around a baseline of zero.

The baseline for the Forecast Evaluation chart is 1980-1999 as indicated on the chart itself.

Cooter: Instead of an "arbitrary" baseline . . .

The baseline is arbitrary and is just for reference. Use a different baseline if you prefer.

Cooter: why not display the graph with actual temperature?

The absolute temperature has significantly higher error margins than the anomaly (due to limitations of spatial and temporal coverage), so climate scientists generally use the temperature anomaly. Feel free to ask if you need more information about why this is so.

Cooter: Your graph is a 2004 forecast; how about an updated forecast?

Climate Models (CMIP6) and Observations (1970-2030)

#3.2.1.2 Zachriel on 2024-09-09 10:16 (Reply)

QUOTE:

Criticizing the press is not censorship

No, but promising to use the power of the presidency to punish the press is.

A.G. Sulzberger: How the quiet war against press freedom could come to America

#4 Zachriel on 2024-09-07 10:19 (Reply)

Even META has admitted to Joebama pressuring censorship on us proles. And the IC just outright withholds evidence and lies their asses off when it suits them. They still didn't pay for their perjury. So censorship is ongoing and government lying is ongoing. It's ALL so 'safe and effective.'

#4.1 indyjonesouthere on 2024-09-08 16:27 (Reply)

Imagine that last year China built about 1800 oceangoing ships and that South Korea built 750 and Japan built 590. What would you guess that the U.S. built??? Would you believe 5? Really! 5 friggin ships! So who owns the oceans? Who is going to win this economic war?

#5 Anon on 2024-09-07 11:44 (Reply)

So how much do we know about the Maui fire? It's been awhile since that happened but we don't really know anything about it. And why have no homes been rebuilt? Some years ago I lived in Southern California when they had a big fire burned 400 homes and dozens of homes began rebuilding within a few weeks and by years end almost all of the homes had at least begun the rebuilding process. So I have to assume someone is stopping those residents from rebuilding. Why? Why doesn't the MSM ask that question? Why does no one care?

#6 Anon on 2024-09-07 17:43 (Reply)

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Saturday, September 7. 2024

Saturday morning links