Archive for 2022

COLORADO: Crested Butte eyes pricey ‘green’ building codes; forced electrification among possible mandates.

Already faced with an acute housing affordability crisis that’s driving out working class residents, the town council of Crested Butte is prepared to exacerbate the problem in the name of going green.

Following in the footsteps of the self-imposed fiascos in Louisville and Superior, the council is looking to get a jump on recently passed state legislation by considering the adoption of new green building codes by next month. In doing so, it plans to go further than any other jurisdiction to date in Colorado.

As part of a council study session concerning the building codes update, the town council is considering mandating 100% electrification for all new builds and substantial renovations going forward. That would make it the first jurisdiction in the state to require forced electrification, and one of only a handful of jurisdictions nationwide to make such a move.

The Californication of Colorado continues apace.

TODD HENDERSON: The Folly of Land Acknowledgements.

In fact, choosing a specific group of people (and not others) to acknowledge is an act of hubris, reflecting the “colonial mindset” the acknowledgement is meant to distance us from. After all, the only Native Americans usually mentioned in these acknowledgements are those who inhabited the lands in question when settlers arrived.

In Chicago, land acknowledgements—at everything from university events to NHL games—mention the Potawatomi, because when “white” people arrived here, that is who they found. But native tribes engaged in constant conquest and displacement as well. The Potawatomi are no more the “original” or “true” owners of Chicago than the European settlers that displaced them.

Like all of wokeness, it’s narcissistic performance art by neurotic white people, for neurotic white people.

KRUISER’S MORNING BRIEFING: What Nefarious Trickery Will Democrats Stoop to In November? “Even when they’re awash in misery like they are at present, the Democrats are working feverishly on conjuring up new ‘anomalies’ that can be introduced into the electoral process. They never lose focus. I imagine them working with a combination of computers, cauldrons, and cult labor minions whose eyes have been glazed over since the first time they got stoned during an Obama speech. All day. All night.”

ICYMI: YES, YES THEY DO:

EVERYTHING IS GOING SWIMMINGLY: Zogby: Base abandons Biden, ‘terrible numbers.’ “A mainly miserable week for President Joe Biden. Terrible numbers. Inflation grew at a 9.1% annualized rate. Wholesale prices grew at a staggering 11.3% rate. His average approval rating is 38%, with just a 33% approval from the New York Times/Siena College poll. That same poll revealed that 64% of registered Democrats do not want him to run again in 2024, including a stunning 94% of those under 30 — a group Biden won by 24 points in 2020.”

Related: The ‘cabal’ that bragged of foisting Joe Biden on us must answer for his failed presidency.

Also: Biden’s Collapse Exposes Rot in the Establishment: The problem isn’t really Joe Biden. It’s that the supposed “adults in the room” who surround him are children with no self-awareness and a violent allergy to accountability.

OH MY:

https://twitter.com/israelusaforeve/status/1547647691487711233

REDDIT HAS BANNED THE TERM ‘GROOMER.’

The response will not please them:

You’d think that Reddit, of all places, would understand the Streisand Effect, and the futility of censorship. But you’d think wrong. It’s sad, though, to see all the old bastions of Internet free speech taken over by officious woke pecksniffs.

MICHAEL WALSH: ‘End of Quote. Repeat the Line.’ “Biden’s only serious rival, Bernie Sanders, was too radical for the party bosses to seriously contemplate, even though their hearts were with him. But Joe from Scranton was that old well-sprung sofa that’s occupied the same place in your grandparents’ living room for decades because no one could be bothered to throw it out or replace it. On such a delicate fulcrum of paralysis oftentimes teeters the fate of nations. Now, however, the focus is on Biden. The empty suit and the empty head that currently masquerade as the president of the United States is now subject to the one thing he never was during his undistinguished, comically malevolent, supererogatory, opportunistic career in the Senate: scrutiny.”

JOE BIDEN’S RETURN TO CLEAN GOVERNMENT: White House Edits Transcript of Biden Comment in Saudi Arabia. “Regardless of whether you believe Biden’s account of the words exchanged, they were a far cry from his tough rhetoric during the campaign. Yet, for the puppetmasters at the White House, Biden’s words may have been a little too tough. So, the handlers went full Orwell and edited the official White House transcript.”

THE UNIFORM LAWS COMMISSION has produced a draft direct-to-consumer interstate alcohol sales law. Normally, alcohol follows a three-tier distribution system: Producers sell to wholesalers/distributors, who sell to retailers, who sell to consumers. Letting producers sell directly to consumers will make the middlemen unhappy. In fact, it already has: WSWA Issues Statement In Response To Uniform Law Commission Adopting Direct-To-Consumer Alcohol Shipping Proposal.

REPORTERS DON’T TAKE SIDES, WE’RE TOLD: Most left-leaning journalists say conservative media does not deserve equal coverage. “Age was also a factor in the study, with 63 percent of younger journalists aged 18 to 29, who disproportionately report to left-wing audiences, being most likely to admit biased coverage of the issues. Similarly, 60 percent of those aged 30-49 do not support equal coverage of alternative viewpoints. Journalists 50 and older, however, are evenly split between the two viewpoints.”

Related:

Narratives don’t establish or maintain themselves, you know.

LIFE IN THE BIDEN ERA: Workers are picking up extra jobs just to pay for gas and food. “A tight labor market has pushed wages up across the board — but not enough to keep pace with inflation, which hit a 40-year high in June. That’s forcing workers like Elliott to seek second jobs and increase their hours to pay for their normal expenses.”

But no mean tweets!

FIGHT THE POWER: Why Are People Across China Refusing to Pay Their Mortgages? What to Know So Far.

A wave of disgruntled homebuyers are refusing to pay mortgages for unfinished or stalled housing projects, as debt-strapped property developers run out of cash. Payments have stopped on at least 100 projects in more than 50 cities, according to researcher China Real Estate Information Corp. Analysts believe that a drop in home values may be another driver for the refusal to meet payments. Until recently, China’s mortgages have been considered among the safest banking assets because of high down payments and collateral value.

The nation’s real estate slump began last year as Xi Jinping sought to tame bubbly prices and reduce risks by curbing the growth of mortgages and funding for property developers. City and provincial closures as Beijing battled a Covid outbreak also contributed to a downturn in housing sales. Property prices have plunged and a domino line of developers have defaulted on their bonds. China’s financial system is sitting on 46 trillion yuan ($6.8 trillion) of outstanding mortgages and still has 13 trillion yuan of loans to the country’s beleaguered developers. The market has shown little sign of recovery depsite some cities loosening restrictions on home purchases and the central bank cutting mortgage rates in May.

The rapidly rising number of refusals to pay have triggered losses in Chinese bank shares and developer bonds. Authorities held emergency meetings with banks this week to grasp the impact of the mortgage snub, sources told Bloomberg News. Some banks plan to tighten their mortgage lending requirements in high-risk cities, they said. While no solution has been offered, Beijing’s priority is to avoid a deeper property crisis that would send shockwaves across the financial system. . . .

Developers only delivered around 60% of homes they presold between 2013 and 2020, while outstanding mortgage loans rose by 26.3 trillion yuan, Nomura analysts said. Should every buyer default, that would lead to a 388 billion yuan ($58 billion) increase in non-performing loans, according to Jefferies. GF Securities Co. expects that as much as 2 trillion yuan of mortgages could be affected by the boycotts. However, Chinese lenders have mostly said that the situation remains controllable. In most cases, the amount overdue makes up less than 1% of the lender’s total mortgage portfolio.

So far.