Whats going on in the World

How much ya need?

mtb money.webp
 
How strong is an economy when your citizens are waiting for the other shoe to drop?

Once the housing market corrects, and people are once again upside down on their mortgages we 'll see how strong the economy will be.
 
OVERBORED said:
How strong is an economy when your citizens are waiting for the other shoe to drop?

Once the housing market corrects, and people are once again upside down on their mortgages we 'll see how strong the economy will be.
Click to expand...
If and when that happens it can be dealt with. I for one am not waiting for some shoe to drop.....what is the sense in expecting doom that hasn't happened?

Housing...buy a house that you can afford and ride out the ups and downs....in 30 years you'll sell at a big profit. Unless you are in a home short term who cares about market flucuations...your mortgage is still the same if you got a fixed rate and didn't take out equity loans
 
another rousing success for Brandon.............
:rolleyes:

National Review

Houthi Rebels Storm U.S. Embassy in Yemen, Take Hostages​


Houthi rebels have stormed the American embassy in Yemen and taken hostages, the Washington Free Beacon reported Thursday.

State Department officials told the Free Beacon that “the majority of the detained have been released, but the Houthis continue to detain additional Yemeni employees of the embassy.”

Houthi fighters reportedly took the compound on Wednesday, demanding “large quantities of equipment and materials,” per the Middle East Media Research Institute. Yemen has been embroiled in a brutal civil war between the Houthi rebels — who are backed, financed, and armed by the Iranian government —and the standing Yemeni government, which has the support of Saudi Arabia. The conflict is oftentimes described as a “proxy war” being fought by the two Yemeni sides on the ground, but largely on behalf of the two larger powers.

Within a month of taking office, President Joe Biden removed the foreign-terrorist organization designation placed on the the Houthis by the Trump administration. The designation had cut the Houthis “off from financial support and other material resources that are routed through U.S. banks or other American institutions.” Secretary of State Antony Blinken called the decision “a recognition of the dire humanitarian situation in Yemen.”

The Trump administration’s designation had included a carve-out authorizing the Treasury Department “to provide licenses pursuant to its authorities and corresponding guidance that relate to the official activities of the United States government in Yemen, including assistance programming that continues to be the largest of any donor and the official activities of certain international organizations such as the United Nations.” At the same time as the removal of the foreign terrorist label, Biden also announced the cessation of “all American support for offensive operations in the war in Yemen, including relevant arms sales.” Previously, the U.S. had been backed the Yemeni government.

The Houthis are known for their brutal tactics, which include the firing of rockets into civilian population centers as well as the torture and execution of journalists, religious minorities, political opponents, and human rights activists. They also conscript child soldiers as young as eleven years old, according to some reports.

Officials at the State Department have pledged to continue their “diplomatic efforts to secure the release of our staff and the vacating of our compound, including through our international partners.”
 
Most inane thing I've seen in a while, but some executive with the Port of Miami was on the news this AM telling the shipping companies with ships sitting outside of the Port of LA waiting to be unloaded that there was no waiting at the Port of Miami!! What an INSANE comment!!! Obviously this person never looked at a globe.

To be fair, most container ships can get through the Panama Canal, but the largest ones cannot. I'd hazard a guess that the time to go around the Horn and get to Miami is a bit longer than the waiting list outside of LA...
 

Frustration, defiance in village to be abandoned to the sea​

pressherald.com/2021/11/11/frustration-defiance-in-village-to-be-abandoned-to-the-sea/

By SYLVIA HUI November 12, 2021
An aerial view of Fairbourne village in Gwynedd in Wales, on Oct. 20. Residents in the small coastal village face being the U.K.'s first climate refugees. Authorities say that by 2054, it will no longer be sustainable to keep up flood defenses there because of faster sea level rises and more frequent and extreme storms caused by climate change.


FAIRBOURNE, Wales — Like many others who came to Fairbourne, Stuart Eves decided the coastal village in northern Wales would be home for life when he moved here 26 years ago. He fell in love with the peaceful, slow pace of small village life in this community of about 700 residents, nestled between the rugged mountains and the Irish Sea.

“I wanted somewhere my children can have the same upbringing as I had, so they can run free,” said Eves, 72, who built a caravan park in the village that he still runs with his son. “You’ve got the sea, you’ve got the mountains. It’s just a stunning place to live.”

That changed suddenly in 2014, when authorities identified Fairbourne as the first coastal community in the U.K. to be at high risk of flooding due to climate change.

Predicting faster sea level rises and more frequent and extreme storms due to global warming, the government said it could only afford to keep defending the village for another 40 years. Officials said that by 2054, it would no longer be safe or sustainable to live in Fairbourne.

Authorities have been working with villagers on the process of so-called “managed realignment” — essentially, to move them away and abandon the village to the encroaching sea.

Overnight, house prices in Fairbourne nosedived. Residents were dubbed the U.K.’s first “climate refugees.” Many were left shocked and angry by national headlines declaring their whole village would be “decommissioned.” Seven years on, most of their questions about their future remain unanswered.

“They’ve doomed the village, and now they’ve got to try to rehome the people. That’s 450 houses,” said Eves, who serves as chair of the local community council. “If they want us out by 2054, then they’ve got to have the accommodation to put us in.”

No one here wants to leave. While many are retirees, there are also young families raising a next generation. Locals speak proudly of their tight-knit community. And although the village center only consists of a grocer’s, a fish and chip shop and a couple of restaurants, residents say the pebbly beach and a small steam train draw bustling crowds in the summer.

Natural Resources Wales, the government-sponsored organization responsible for the sea defenses in Fairbourne, said the village is particularly vulnerable because it faces multiple flooding risks. Built in the 1850s on a low-lying saltmarsh, Fairbourne already lies beneath sea level at high spring tide. During storms, the tidal level is more than 5 feet above the level of the village.

Scientists say U.K. sea levels have risen about 4 inches in the past century. Depending on greenhouse gas emissions and actions that governments take, the predicted rise is 28 inches to 39 inches by 2100.

Fairbourne is also at the mouth of an estuary, with additional risks of flash floods from the river running behind it. Officials have spent millions of pounds in strengthening a sea wall and almost 2 miles of tidal defenses.

While there are flood risks in many other villages along the Welsh coast, decisions on which areas to protect ultimately boil down to cost. Officials say that in the case of Fairbourne, the cost of maintaining flood defenses will become higher than “the value of what we’re protecting.”

The effects of climate change that negotiators at the United Nations climate summit in Glasgow, Scotland, are working to mitigate already are a reality here.

Catrin Wager, a cabinet member of Gwynedd Council, the local authority overseeing Fairbourne, stressed that while Fairbourne may be the first Welsh coastal village to be designated unviable due to climate change, it certainly won’t be the only one. There’s no precedent for how to develop policies for helping the villagers adapt, she said.

“We need more answers from the Welsh and U.K. governments, that’s my message going into this (U.N. summit),” Wager said. “We really need to get some guidance on not only mitigating the effects of climate change, but about how we adapt for things that are already happening.”

Across the U.K., half a million properties are at risk of coastal flooding – and that risk figure will jump to 1.5 million by the end of the 2080s, according to the Climate Change Committee, an independent advisory body set up under climate change laws.

Britain’s government, which is hosting the U.N. climate summit, needs to be much more upfront about such risks, said Richard Dawson, a member of the committee and professor of engineering at Newcastle University.

Ultimately, “difficult decisions” need to be made about many coastal settlements with disproportionately high numbers of older and poorer residents, he said, and officials need to prepare people for moving inland.

“Whatever happens at COP the sea level will continue to rise around the U.K., that’s something we absolutely need to prepare for,” Dawson said. “We have to be realistic. We can’t afford to protect everywhere. The challenge for government is that the problem is not being confronted with the urgency or openness that we need.”

In Fairbourne, a continuing standoff between villagers and officials underlines that challenge. Residents feel they have been unfairly singled out, and aren’t convinced there is a clear timeframe on how quickly sea levels will rise enough to threaten their homes. When and how will evacuation take place? Will they be compensated, and if so how much should it be?

There are no answers. The village vicar, Ruth Hansford, said many residents suffered “emotional fatigue” from years of uncertainty and negativity. Others simply decided to carry on with their lives.

Becky Offland and her husband recently took on the lease of the Glan Y Mor Hotel, going against the grain and investing in the village’s future. They’re hopeful their business will bring more visitors and financial support to Fairbourne.

“It’s like a big family, this place. It’s not a village, it’s a family,” said Offland, 36. “We’ll all fight to keep it where it is.”

Down the street, Fairbourne Chippy owner Alan Jones, 64, also said he has no plans to go anywhere.
“Until water actually comes in here, ’til we physically can’t work, we’ll carry on,” he said.

Eves said he and his son believe that “what will be, will be.” But he will mourn the inevitable disintegration of the village he loves.

“You can’t sort of take this village here, and put it over there and expect it to work again,” he said. “What you have here is a human catastrophe, albeit on a small scale.”
 
16898B22-F347-4AE1-A311-EEC777BB891B.jpeg
They just don’t get it. Being indicted by this Communist Regime is a Badge of Honor.?
 
Last edited:
📱 Fish Smarter with the NYAngler App!
Launch Now

Members online

Total: 257 (members: 6, guests: 251)

Fishing Reports

Latest posts

Latest articles

Back
Top