ChronicBoom

Democracy is two wolves and one lamb voting on what to have for dinner.

[ChronicBoom @Chronic_Boom78]

@hicasamadim Top triangles multiplied by themselves times the number of occurrences of them. 2x2=4x2=8; 5x5=25x2=50; 6x6=36x2=72

[ChronicBoom @Chronic_Boom78]

@PeterLBrandt Interested

[ChronicBoom @Chronic_Boom78]

@zerohedge Didn’t IBKR open us up to Korean markets recently?

[ChronicBoom @Chronic_Boom78]

@JasonL_Capital Leaps

[ChronicBoom @Chronic_Boom78]

@komonews No one is shocked but KOMO

[ChronicBoom @Chronic_Boom78]

@NBCNews Since when did you guys start reporting good news?

[ChronicBoom @Chronic_Boom78]

@komonews Absolutely nobody is really shocked

[ChronicBoom @Chronic_Boom78]

@FinanceLancelot Another sneaker pivot to AI?

[ChronicBoom @Chronic_Boom78]

@muthaPNW The entire west coast

[ChronicBoom @Chronic_Boom78]

@GovBobFerguson @future42org How many Somalis you hiring for this?

[ChronicBoom @Chronic_Boom78]

@Keir_Starmer Coattail-riding cuck

[Mary McDonald-Lewis @mmcdonaldlewis]

A multi-part series on the imminent fall of Portland, due to crumbling real estate, Byzantine laws, usurious penalties and a government hiding the darkest secret Portland holds. Series continues in the comments.

Posted on the Corrupted Governor Tina Kotek FB page by Mark Rogers.

1/

"THIS IS THE MAP THAT WILL DESTROY PORTLAND.
-By SEP Asset Stabilization LLC
EDIT: BELOW IS THE LIVE LINK
https://t.co/kZ2yLPKcm0...
This is our first part expose concerning the antitrust of Portland City and Multnomah county.
This represents 8 billion of POTENTIAL AND IMMINENT LOSS to the city and county.
Every blue dot is a brick building that can't be insured(without paying 3 to 10 time premium). Can't be financed or refinanced. Can't be sold at fair market value(10 cents on the dollar seems to be the going rate). And in many cases — can't even be auctioned.
There are 1,369 of them.
They are scattered across every neighborhood you care about — Parkrose, Old Town, Sandy Boulevard, Division, Alberta, Mississippi, St. Johns, Central Eastside, Montavilla, Lents. The restaurants you eat at. The apartments your neighbors live in. The small businesses that anchor your block. All unreinforced masonry. All under a mandatory seismic retrofit order from the City of Portland. Almost none of them have a funded path to compliance.
Retrofit costs run $800,000 to $8,000,000 per building. The buildings are often worth less than the cost of fixing them. No conventional lender will finance a loan where construction cost exceeds collateral value. So the owners are trapped. They can't fix the building. They can't sell the building. They can't insure the building. And when they fall behind on property taxes — because of course they do — Multnomah County forecloses.
And here's where it gets ugly.
THE COUNTY ISN'T AUCTIONING THESE BUILDINGS.
Oregon law requires it. ORS Chapter 275 lays out the foreclosure auction process. The county is supposed to auction tax-foreclosed properties and recover what it can. But what happens when you auction a building that nobody can insure, nobody can finance, and nobody knows how to retrofit?
Nobody bids.
And if nobody bids, the county is stuck holding a building it can't maintain, can't sell, and can't put back on the tax rolls. The assessed value collapses. The tax revenue disappears. The building rots. The county spent more administering the foreclosure than it will ever recover.
So they stopped auctioning them.
The county's own budget documents show foreclosure auction revenue collapsing year over year. Their Tax Title program page confirms the last public sale was May 2024. The next one? "Anticipated Spring 2026." We're in Spring 2026 right now. No properties have been posted. No auction has been announced. And the last time they did sell, it was bare land — strips and small parcels sold to adjacent property owners. Not buildings. Not the 1,369 buildings on this map.
They are hiding the problem.
Instead of auctioning buildings that nobody will buy, the county quietly absorbs the loss. Your tax dollars subsidize the gap between what these buildings owe and what the county can't recover.
The county just settled a $3.5 million class action lawsuit for keeping surplus proceeds from the foreclosure sales it DID conduct — money that legally belonged to the original property owners. They were foreclosing on people, selling their buildings, and pocketing the difference."

[ChronicBoom @Chronic_Boom78]

@ericswalwell @SteveDeaceShow Nice contradictory statement

[JohnnyFSE @JohnnyFSE]

I built https://t.co/R1jAMUfNTv — a free public database for American citizens who deserve safer communities.
You can track which judges released defendants who then got rearrested, skipped court, or violated their release conditions. All public records. All free.
I started with Orange County FL and will be expanding to all 67 Florida counties and eventually every state in the country. This first batch of info is from 2024 and since public reports are released in March/April for the previous year, data is behind. But I wanted to see if this is plausible. After adding 2024,I'll add 2025 and then figure out how to get real-time-data uploaded.
It's in beta — would love to know what you think 👇
Numbers don't lie, but criminals do.
https://t.co/DfTcJ6XMYn

@bennyjohnson @jockowillink @GrantCardone @LauraLoomer @nickshirleyy @j_fishback

[ChronicBoom @Chronic_Boom78]

@HazelMoore32 Not was real. IS real.

[ChronicBoom @Chronic_Boom78]

@DoomerTapes You forgot Washington, Oregon, California

[ChronicBoom @Chronic_Boom78]

@TJTheWheelDeal Selling short puts will get you positive delta, positive theta, negative vega.

Buying long puts will get you negative delta, negative theta, and positive vega.

I know you know this, but your whiteboard could use a correction.

[ChronicBoom @Chronic_Boom78]

@mynamehear Venezuelan

[ChronicBoom @Chronic_Boom78]

@Fat_Electrician Because we do tax unrealized gains. Just not on assets that are not real estate. Yet.

[ChronicBoom @Chronic_Boom78]

@oneplanetmikey I know a guy that had a stroke and was in ICU for 5 days. Required 2 brain surgeries. They treated him like he had a cold and was sick at home in bed.