Whats going on in the World

His early work was shear comedic genius so I guess I felt he "retired" over 40 years ago...

Don't forget Gene Wilder in the gutter drinking Woolite after his ovine lover was whisked back to Greece!!

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Excellent analysis, and how Bernie Sanders got to where he is today!! I do feel disenfranchised and unsure if I even want to vote come November...

No Party for Old Moderates

Over the last 30 years, the Republican Party has effectively eliminated its moderate and liberal voices — as well as the conservative voices that put country over party. The consequences of this takeover by an increasingly right-wing faction include the threats to democracy that have become increasingly prominent since the Jan. 6 riots.

When I lost my seat in Congress in 1990, I knew it was because I had co-sponsored a bill to ban assault weapons. The National Rifle Association and conservative Republicans in Vermont and elsewhere united to defeat me, calling the independent challenger, Bernie Sanders, the “lesser of two evils.” First, a right-wing candidate challenged me in the Republican primary, then many of his supporters aided the Sanders campaign in the general election.

Their plan: Elect Bernie Sanders for one term, then defeat him the next time around. The only problem: They couldn’t weaken him in a primary the same way and consistently failed to beat him in a general election. And the rest is history.
...

It may be too late for the Republican Party to again welcome moderate and liberal voices into its ranks. But the focus of moderate and liberal Republicans — both elected officials and the voters who supported us — was historically on governing to solve America’s critical problems, not on accruing control for its own sake. If the Republican Party cannot be an instrument of democracy, independent-minded moderates will do what we’ve always done: Vote our conscience, and vote for someone else.
 
Associated Press

In Ukraine's retaken battlefields, soldiers recover bodies​

ELENA BECATOROS
Thu, September 22, 2022 at 12:02 AM


PRUDYANKA, Ukraine (AP) — The four soldiers lay in the grass, sleeping bags and cans of food, some opened, scattered around them. Beneath nearby trees, their cars were smashed and torn by shrapnel. The men had been dead for months.
This region of rolling fields and woodland near the Russian border was the site of fierce battles for months during the summer. Only now, after Ukrainian forces retook the area and pushed Russian troops back across the border in a blistering counteroffensive, has the retrieval of bodies scattered across the battlefield been possible.

The area was of strategic importance as its high ground is among the positions where Russian artillery could easily strike Kharkiv, Ukraine’s hard-hit second-largest city, said Col. Vitalii Shum, deputy commander of the 3rd Brigade of Ukraine’s National Guard, whose team has been collecting the battlefield dead — both Ukrainian and Russian — for days.
For the soldiers’ families, news of the body recovery will be final, incontrovertible confirmation that their son, brother, father or husband will not be coming home.

Even if they had been notified that their loved ones died in combat, without a body to mourn over a glimmer of hope remained.

“They would be hoping that he was captured, and this is the worst,” Shum said. Once the bodies’ identities are verified through DNA tests, “a difficult and hard procedure will take place,” he added: notifying the family the body has been found, and all hope of their loved one again walking through the front door is lost.

During the retrieval mission on Monday, Shum’s team photographed the site for evidence and unpacked body bags as soldiers checked the surroundings, and the bodies themselves, for booby-traps and mines. One of the dead soldiers had a hand grenade on him — he never had time to use it as the Russians closed in.

After the search for explosives was finished, a soldier went through the pockets of the dead men’s uniforms for identity cards and personal belongings, placing them in plastic bags before the decomposing bodies were lifted into body bags.
The task was performed matter-of-factly, quietly, gently. The body bags were zipped up, numbered and carried along a muddy track to a waiting truck.

The battle here occurred in June, and it was as ferocious as it was bloody. It included close-quarters combat as well as the use of tanks and artillery, said 1st Lt. Mykyta Sydorenko, a 24-year-old commander of an anti-tank unit who participated in the fight and was now back to help collect the remains of his fellow soldiers.
In all, the Ukrainians had four positions in the area, and were determined to hold them. The Russian troops attacked and captured four Ukrainian soldiers, and the Ukrainians launched a rescue bid. An all-day battle ensued, Sydorenko said. Ukrainian reinforcements came in, but the Russians just kept coming.

“They were coming like ants, I just don’t know how to describe it in another way,” he said.

The losses were heavy on both sides. Sydorenko said at least 16 Russian soldiers were killed, with the Russians using artillery to keep the Ukrainians at bay while they collected their dead and wounded.

Of the Ukrainians, all six holding one position were captured, he said, and all eight holding another were wounded. Of the roughly 17 or 18 men at Sydorenko's position, three were killed and two were wounded.

He’s not sure what happened to the six men holding the fourth position. The area where the bodies of the four men were found was an evacuation point set up for the wounded, he said.

Eventually, faced with the Russian onslaught, the surviving Ukrainians, Sydorenko among them, were forced to retreat through a minefield and a swamp.

Returning to where he lost his comrades wasn’t easy for the young officer. It is “unpleasant, frankly,” he said. “There are not many good memories from this place.”

Nearby, a Russian tank lay burned, its tracks blown off its wheels, a blue-and-yellow Ukrainian flag now fluttering atop it. A few days earlier, Shum’s men found the remains of a Russian soldier inside, which they collected and delivered to the Kharkiv morgue.

With the chilly autumn wind swaying the weeds and withered sunflowers growing wild in the fallow fields, Shum and his men continued their search. There was another Ukrainian soldier’s body by the side of the track, and nearby, the remains of another who appeared to have been run over by the now-disabled tank.

Further up a hill, a destroyed armored vehicle and a car, scattered boxes of ammunition and pieces of equipment were testament to the ferocity of the fight. Inside the armored vehicle was the body of another soldier.

The same procedure was repeated, and the body was lifted through the vehicle’s broken window. The soldier lifting the body’s feet gagged, but waited until his task was completed before heading for the bushes.

In all, Shum and his men collected seven Ukrainian soldiers’ bodies and found the hand of a Russian soldier among discarded Russian body armor and backpacks. All the remains were taken to the Kharkiv morgue.

Soon, the notification of the families will begin.
 
If the Dow finishes at or below 29,439.72, it would mark a 20% fall from the indexes record close of 36,799.65 set on January 4, and send the index into an official bear market. The index is currently on track to close the day below 30,000 points for the first time since June 17. A more sizable plunge could land the index at a two-year low Friday.

Not a problem, they'll just roll out a new definition for "bear market".



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Interesting read...

Whatever Happened to the Starter Home?

The economics of the housing market, and the local rules that shape it, have squeezed out entry-level homes.

As recently as the 1990s, when Jason Nageli started off, the home-building industry was still constructing what real-estate ads would brightly call the “starter home.” In the Denver area, he sold newly built two-story houses with three bedrooms in 1,400 square feet or less.

The price: $99,000 to $125,000, or around $200,000 in today’s dollars.

That house would be in tremendous demand today. But few builders construct anything like it anymore. And you couldn’t buy those Denver area homes built 25 years ago at an entry-level price today, either. They go for half a million dollars.

The disappearance of such affordable homes is central to the American housing crisis. The nation has a deepening shortage of housing. But, more specifically, there isn’t enough of this housing: small, no-frills homes that would give a family new to the country or a young couple with student debt a foothold to build equity.

The affordable end of the market has been squeezed from every side. Land costs have risen steeply in booming parts of the country. Construction materials and government fees have become more expensive. And communities nationwide are far more prescriptive today than decades ago about what housing should look like and how big it must be. Some ban vinyl siding. Others require two-car garages. Nearly all make it difficult to build the kind of home that could sell for $200,000 today.

“It’s just become where you can’t get to that number anymore,” said Mr. Nageli, now the operations manager for the Utah builder Holmes Homes.

Nationwide, the small detached house has all but vanished from new construction. Only about 8 percent of new single-family homes today are 1,400 square feet or less. In the 1940s, according to CoreLogic, nearly 70 percent of new houses were that small.

Those starter homes came in all kinds over the years: mill worker’s cottages, shotgun homes, bungalows, ramblers, split-levels, two-bedroom tract homes. American families also found their start in brick rowhouses, cozy duplexes and triple-deckers.

But the economics of the housing market — and the local rules that shape it — have dictated today that many small homes are replaced by McMansions, or that their moderate-income residents are replaced by wealthier ones. (A little 1948 Levittown house on Long Island, the prototypical postwar suburban starter home, now goes with a few updates for $550,000.)

At the root is the math problem of putting — or keeping — a low-cost home on increasingly pricey land.

“When we started out 20 or so years ago, we could buy a lot for $10,000-$15,000, and we could build a home for under $100,000,” said Mary Lawler, the head of Avenue Community Development Corporation in Houston, a nonprofit developer. “It was a totally different world than we are in today.”

In Portland, Ore., a lot may cost $100,000. Permits add $40,000-$50,000. Removing a fir tree 36 inches in diameter costs another $16,000 in fees.

“You’ve basically regulated me out of anything remotely on the affordable side,” said Justin Wood, the owner of Fish Construction NW.

In Savannah, Ga., Jerry Konter began building three-bed, two-bath, 1,350-square-foot homes in 1977 for $36,500. But he moved upmarket as costs and design mandates pushed him there.

“It’s not that I don’t want to build entry-level homes,” said Mr. Konter, the chairman of the National Association of Home Builders. “It’s that I can’t produce one that I can make a profit on and sell to that potential purchaser.”

That reality conflicts with demographics. The typical American household has fallen in size for decades, even as the typical home has grown larger. Downsizing baby boomers and young adults who delay children figure to drive demand for smaller homes. So will increasingly diverse young buyers who have more debt and less access to family wealth.

These shifts may force communities, builders and buyers to rethink what a starter home looks like. In places where even small single-family houses are out of reach for many, the answer might be a condo.

Today in some parts of the country there is hardly anything on the market for under $300,000 resembling the American starter home of the last 70 years. In Raleigh, N.C., entering this weekend there were 17 such single-family homes with at least two bedrooms listed for sale. Across the Denver metro, there were six; around Salt Lake City, three.

In Houston, Felecia Ellis has been driving around on lunch breaks from a dental clinic looking for such a home in the $200,000-$250,000 range.

“Driving through a neighborhood, I’m like, ‘Oh my god, this is a beautiful home, I know I can afford it,’” Ms. Ellis said. Then she pulls out her phone in the hopeful ritual of the first-time home buyer. The answer in the listing, more often than not, is that, in fact, she can’t afford it.

“And I’m like, ‘You’ve got to be kidding me,’” she said. “‘This house is $425,000.’”

‘It’s flexible, it’s malleable’​

The starter home has always done a lot of work. It builds equity, creates stability, gives shelter from landlords and inflation. It has been an incubator of small businesses and community institutions like day care centers. And in an earlier form and time, it was more adaptable. Just add a bathroom when indoor plumbing arrived, a second unit to collect rental income, a garage once cars became common.

“It’s flexible, it’s malleable, and it allows for improvement, investment and change over time,” said Marta Gutman, dean of the City College of New York’s Spitzer School of Architecture.

In the early 20th century, communities were effectively using all kinds of models to solve for affordable, entry-level housing. But the arrival of the car enabled people to move further out, and new planning ideas declared what would be built there.

“That allowed us to say, ‘Forget all those other typologies — a starter home is going to be a two-bedroom detached house on a 7,500-square-foot lot,’” said Nolan Gray, the research director at California YIMBY, as in the opposite of NIMBY.

For a long time, that suburban model worked, although only for white families at first. But the economics and the politics shifted as the land within a reasonable driving distance of downtown filled in.

Land grew more expensive. But communities didn’t respond by allowing housing on smaller pieces of it. They broadly did the opposite, ratcheting up rules that ensured builders couldn’t construct smaller, more affordable homes. They required pricier materials and minimum home sizes. They wanted architectural flourishes, not flat facades.

“Local communities in the last 30 to 40 years have gotten really good at this — way better than they used to be,” Joseph Gyourko, a professor at the Wharton School of Business, said of rules that restrict development that neighbors don’t like.

This mix of good intentions (energy efficiency, tree preservation) and exclusionary ones (aesthetic mandates, minimum lot sizes) has pushed up the cost of building on top of the rising cost of land. Cities have also shifted more of the burden for funding public infrastructure like parks and sewer systems off taxpayers and onto homebuilders.

The result today is that a builder who can put up only one home on an expensive piece of land will construct a large, expensive one.

Another result is that more affordable homes built decades ago are less likely to stay that way. A small house now sitting on land worth $500,000 will make sense mostly as a tear-down. A family earning $150,000 a year will compete with a family earning $60,000 when there are so few entry-level homes to buy.

“They still have the starter home,” said Ed Pinto, director of the A.E.I. Housing Center, pointing to pricey Santa Clara County, Calif. “They still have the 1954 1,200-square-foot rambler.”

It now sells for $1.4 million.

Or take the early 1900s bungalows in the Greater Heights area of Houston. Many were cheap rental housing in the 1990s, with chain-link fences and dismal carpeting.
“When you removed the chain-link fence, pulled back the carpet, and painted the walls back to white, these are charming homes which today we sell for $600,000-$800,000,” said Bill Baldwin, a local broker and city planning commissioner.
Houston has relatively lax land-use restrictions, and reduced minimum lot sizes have enabled a townhome boom. But it’s not immune to rising costs, either.

One last result of these forces is that investors who surged into the housing market during the pandemic have become attracted to entry-level houses, too. These houses are more reliable as rental properties than high-end homes would be. They can house, after all, the renters who can’t afford to buy them.

Building a dependency over decades​

The simplest way to put entry-level housing on increasingly expensive land is to build a lot of it — to put two, three, four or more units on lots that for decades have been reserved for one home.

The outcome would look more like housing built a century ago, with more duplexes, more rowhouses, more homeowners adding their own rental units.

“We need to shift our culture away from this dependency on single-family detached housing, and thinking it’s the only solution,” said Daniel Parolek, an architect and author of a book on “missing middle” housing.

Mr. Parolek worked with the Utah builder, Holmes Homes, to design one model outside Salt Lake City. They rotated the more typical rowhouse on its side, attaching small two-story homes along an intimate pedestrian path. The homes first came on the market in 2015 at about $200,000.

“It was a home run the minute we built them,” Mr. Nageli said. But costs have risen even since then. And the builder hasn’t repeated the concept elsewhere because most communities wouldn’t allow it.

From a builder’s view, there’s nothing particularly preferable about higher-end homes. Their profit margins aren’t generally higher. They demand more customization. They’re riskier to build in economic downtimes. Entry-level housing, on the other hand, is invariably in deep demand.

If more communities permitted it, builders would return to that end of the market, Mr. Nageli said.
“We would be thriving in it,” he said.

In Portland, where Mr. Wood has long tried to build entry-level single-family homes, zoning reforms now allow multiple units on what were previously single-family lots. Today Mr. Wood is pursuing permits for his first triplexes and fourplexes.

“In 2022, we started our last single-family detached homes in Portland,” he said. “I do not think we will ever do it again.”
 
As a landlord, all I'll say is not everyone is meant to be a homeowner.

Paying more than 25-35% of your gross income towards housing costs is assinine yet many do it.
 
Associated Press

Drone attack hits Ukraine; US vows 'consequences' over nukes​


KYIV, Ukraine (AP) — An overnight drone strike near the Ukrainian port of Odesa sparked a massive fire and explosion, the military said Monday, as Russia's leadership faced growing resistance to its efforts to call up hundreds of thousands of men to fight in Ukraine.

The airstrike on Odesa was the latest in a series of drone attacks on the key southern city in recent days, and hit a military installation and detonated ammunition when it struck. Firefighters were struggling to contain the blaze, and civilians nearby were evacuated, the Ukrainian military’s southern command said.

It came hours after the United States vowed to take decisive action and promised “catastrophic consequences” if Russia uses nuclear weapons in Ukraine. Concerns are growing that Russia may seek to escalate the conflict once it completes what Ukraine and the West see as illegal referendums in parts of Ukraine under its control.

The voting, which ends Tuesday, happened after thousands of residents had fled and has included images of armed Russian troops going door-to-door to pressure Ukrainians into casting a ballot. Russia announced the “referendums” as its war on Ukraine has bogged down amid a Ukrainian counteroffensive.

Russia is widely expected to declare the results in its favor, a step that could see Moscow annex the territory and give it the pretext to defend it as its own territory under the Russian nuclear umbrella.

Jake Sullivan, the U.S. national security adviser, said Russia would pay a high, if unspecified, price if it made good on veiled threats to use nuclear weapons in the conflict.

“If Russia crosses this line there will be catastrophic consequences for Russia. The United States will respond decisively,” he told NBC's Meet the Press on Sunday.
 

This is really big news to pay attention to. I looked at the Bathy charts for the area, 50 and 100 I believe in fathoms, so 300-600 foot depths if correct.

Wonder which country did the sabotaging? (/sarc)

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This is really big news to pay attention to. I looked at the Bathy charts for the area, 50 and 100 I believe in fathoms, so 300-600 foot depths if correct.

Wonder which country did the sabotaging? (/sarc)

View attachment 54307View attachment 54308

Update (1415 ET):

Prime Minister of Denmark Mette Frederiksen told reporters Nord Stream pipeline system damage to NS1 and NS2 "are deliberate actions, not an accident."

Danish gov speaking live now on Nord Stream leaks.

PM Mette Frederiksen "These are deliberate actions, not an accident." pic.twitter.com/UMw4MOUgc9
— Carl Fridh Kleberg (@FridhKleberg) September 27, 2022
 
Update (1415 ET):

Prime Minister of Denmark Mette Frederiksen told reporters Nord Stream pipeline system damage to NS1 and NS2 "are deliberate actions, not an accident."
depth is in meters not fathoms...i did some digging around. stand corrected
 
Good Lord.

“Jackie, are you here? Where’s Jackie? I think she was going to be here,” Biden said.

Walorski died in an Aug. 3 car crash.

 
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