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Wednesday Overnight Open Thread - December 11, 2024 [TRex]
For the Birds Cafe NYT: The Biden "Immigration Boom" Is the Biggest In This Country's Almost 250-Year History; 60% of Recent "Newcomers" Entered Illegally Utah Man News West Point Administrator Colludes With Leftwing Attack Dog to Smear Pete Hegseth With Completely-False Lie Prices Jump 2.7% In November as Country Enjoys Fourth Straight Year of Transitory Inflation The Criminal Christopher Wray Announces His Resignation at FBI "Townhall" Non-Breaking News: CNN's Ratings Are Absolute Dogshit and Not Even the Smoldering Dark Sexual Charisma of Jake Tapper Can Save Them Nancy Mace "Physically Accosted" and Injured by "Pro-Trans Man" Wednesday Morning Rant Absent Friends
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« Civil War at CNN as "Journalist" Christina Amanapour Attacks CEO Chris Licht for Daring to "Platform" the Front-Runner for the Republican Nomination for President My Conclusion: Licht is a Dead Man Walking | Main | Surprise! Taylor Lorenz (America's Oldest Teenager) Was Such a "Heavy User" of Twitter's Complaint/Censorship System That She Was Given Special Access To It » May 19, 2023
Target CEO: Our Stores Are Plagued by "Violent" Incidents; We're On Track to Lose $1.2 Billion This Year Due to "Widespread" ShopliftingCouldn't be happening to a nicer transgenderism-for-children promoting Woke corporation. Target (TGT) has become a target for major thefts, and it's taking a huge chunk out of profits. Weird, I don't remember this rampant thieving starting with Biden's hyperinflation. I have a pretty strong memory of it starting after states decriminalized theft, and Soros DA's stopped prosecuting thieves. The huge spike in murders began at the same time as the beatifiying riots for St. George Floyd -- nearly to the day. Goods stolen from stores, which contributes to inventory shrinkage, led to $94.5 billion in losses in 2021, up from $90.8 billion in 2020, according to a late-2022 study by the National Retail Federation (NRF). A couple of weeks ago, John Sexton wrote about a San Francisco Target getting hit by thieves ten times per day. And we're not talking about shoplifters. We're talking about people who bring laundry sacks and wheeled luggage into the stores to just fill them to the brim before brazenly walking out. Last week I wrote about conditions that forced Whole Foods to close its flagship store in San Francisco. Contrary to some published claims that the closure was the result of poor sales, a NY Times review found there had been 568 calls to 911 in just 13 months. Employees had been threatened with guns and knives and theft was constant. This is what a Doom Loop looks like: The San Francisco Chronicle revealed yesterday that nearly a third of the city's commercial office space is currently vacant.Downtown San Francisco is experiencing its worst office vacancy crisis on record, with 31% of space available for lease or sublease. In the heart of the city, an astounding 18.4 million square feet of real estate is available -- enough space to house 92,000 employees and the equivalent of 13 Salesforce Towers... John Sexton pointed out this article last week, about the "Urban Doom Loop" in San Francisco. The writer wasn't trying to join the pile-on dying blue cities. She intended to rebut claims that they were dying. But after looking at the evidence and considering her own experiences -- she decided she couldn't deny that blue cities are in the advanced stages of a "doom loop" -- a vicious circle in which crime drives out businesses and restaurants, thereby causing the high-income earners who live in cities for their high-end shops and restaurants to flee. This leads to more businesses and restaurants closing -- due to reduced clientele -- and then more well-to-do people leaving the cities. Etc.
A week earlier, the San Francisco Chronicle ran an article: "Cities Are Struggling. San Francisco Could Be in the Biggest 'Doom Loop' of All." The phrase "doom loop" was recently repopularized by Arpit Gupta, a finance professor at NYU, in a paper he wrote last year with two Columbia B-school professors called "Work From Home and the Office Real Estate Apocalypse," about the consequences for American downtowns of workers remaining remote. Good point. The city often seemed to operate like an incompetent parent, confusing compassion and permissiveness. She's saying "face of GOD, face of GOD" to herself, like a mantra or a prayer, to attempt to put a heavenly sheen on the depravity and violence and public ODing and public defecation that is now the reality of her life. A prosecutor in Illinois has announced that he's quitting after twenty years of putting the bad guys in jail -- because Illinois no longer has any interest in putting bad guys in jail, but wants to pay prosecutors to pretend they're trying to do just that.
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Wednesday Overnight Open Thread - December 11, 2024 [TRex]
For the Birds Cafe NYT: The Biden "Immigration Boom" Is the Biggest In This Country's Almost 250-Year History; 60% of Recent "Newcomers" Entered Illegally Utah Man News West Point Administrator Colludes With Leftwing Attack Dog to Smear Pete Hegseth With Completely-False Lie Prices Jump 2.7% In November as Country Enjoys Fourth Straight Year of Transitory Inflation The Criminal Christopher Wray Announces His Resignation at FBI "Townhall" Non-Breaking News: CNN's Ratings Are Absolute Dogshit and Not Even the Smoldering Dark Sexual Charisma of Jake Tapper Can Save Them Nancy Mace "Physically Accosted" and Injured by "Pro-Trans Man" Wednesday Morning Rant Search
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