US Elections (& Politics) :)

Portland's only REI store to close, citing crime and theft

Another day another store going out of business in Portland. Last week I wrote about a coffee shop closing a downtown location because of rising crime and problems with violent street people. Today, outdoor retailer REI announced it was closing its only Portland store because of increased crime and theft in the area.
In a letter to REI members, the company cited concerns over safety and an increase in crime over the last few years as reasons for the closure.
“The safety of our employees, members and customers is always our number one priority. In recent years, Portland has been dealing with increased crime in our neighborhood and beyond. Last year, REI Portland had its highest number of break-ins and thefts in two decades, despite actions to provide extra security,” REI said in its letter.
REI said they are evaluating opportunities for new locations, but do not believe a downtown Portland location is a possibility in the near future.
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The store experienced a brazen theft last November when someone drove a car through the front entrance and stole a bunch of merchandise on Black Friday.
Portland police said on Black Friday someone used a car to break the entry door in order to steal clothing before leaving the scene. These brazen crimes seem to be happening more and more in the city…
Blake Schmidt lives in The Pearl and works at REI.
“It’s frustrating, I work here at REI,” Schmidt said. “I’ve seen a lot of changes here in the last couple of years, it’s hard.”
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The store has been talking with Mayor Ted Wheeler who seems to be under the impression that police have done a good job coordinating with the store about the theft and break-in problem. In fact, Wheeler’s spokesperson gave a statement saying the city was working to help REI remain in the city: “Mayor Wheeler is committed to further supporting REI to help ensure we retain their business in Portland and help them succeed. All options are on the table as we explore paths forward.” But it sounds like there are no more paths forward. The store will close for good next February when the company’s lease expires.

Just last month Walmart announced it would close its remaining stores in Portland. Nike has also closed one of its stores several months ago and last month asked the city if it could hire off-duty police officers in the store. But the city said no and the store is still closed.

Nike is the epitome of a woke retailer so they don’t want to say out loud that the problem is theft by homeless people who never get prosecuted, but that’s what is happening. And no one wants to admit that all of this stems from defund the police efforts and nightly riots so that inconvenient history almost never gets mentioned by anyone. Here’s a local news report on the REI closure.

Portland's only REI store to close, citing crime and theft – HotAir
 
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bigredfish said:
Hmmmm Portland, Chicago, San Fransisco … I’m thinking they have something in common.. :idk:
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You caught me. I've lived in or near all of them. I do my destruction then move on to the next target, while gaslighting the public into thinking the dems are responsible.
 
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"Also, the question was asked by MTG in meetings on the budget, why America was spending so much on foreign countries. "

How else will they keep being our "friends" and anyway, where would the kickbacks come from??
 
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Ssayer said:
Huh? What kind of double speak is this?? Increase debt limit and cut spending??? Rainbows and Unicorns...

www.thegatewaypundit.com

Speaker McCarthy Says the House GOP Will Increase the Debt Limit and Cut Spending | The Gateway Pundit | by Joe Hoft

Speaker McCarthy agrees to increase the debt ceiling till 2024 but he’s going to cut spending at the same time. The House GOP says that it raised the debt limit and somehow cut spending at the same time.
www.thegatewaypundit.com www.thegatewaypundit.com
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:rofl::lmao::winktongue: The sad part is, something north of 50% of the population will believe that. We now live in a country where one of every two people you meet are complete fucking morons and are just taking up otherwise perfectly good oxygen.
 
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bigredfish said:
:rofl::lmao::winktongue: The sad part is, something north of 50% of the population will believe that. We now live in a country where one of every two people you meet are complete fucking morons and are just taking up otherwise perfectly good oxygen.
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Speaking of fucking morons....Which is more stupid, her reaction or then going on dick-tok to post her video? Gotta be a lib.

rumble.com

Carpark 'Karen' slammed over 'overreaction' to stranger approaching her in parking lot

Carpark 'Karen' slammed over 'overreaction' to stranger approaching her in parking lot
rumble.com rumble.com
 
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1681910460118.png
 
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Biden To Punish Good-Credit Homebuyers To Subsidize High-Risk Mortgages

Biden To Punish Good-Credit Homebuyers To Subsidize High-Risk Mortgages | ZeroHedge

A new rule from the Biden administration will force homebuyers with good credit scores to pay higher mortgage rates in order to subsidize loans to those with riskier borrowing profiles, the Washington Times reports.



The fee, which will apply to those buying or refinancing houses after May 1, will affect homebuyers with credit scores of 680 or higher, will amount to roughly $40 per month on a home loan of $400,000, or nearly $500 per year. Homebuyers who make down payments of 15% - 20% will be hit with the largest fees.

According to those in the industry, the changes will frustrate homebuyers with high credit scores, as well as those looking to refinance, as they're being punished for having strong financial positions.

"The changes do not make sense. Penalizing borrowers with larger down payments and credit scores will not go over well," said Ian Wright, a senior loan officer at Bay Equity Home Loans in the San Francisco Bay Area, in a statement to the Washington Times via email. "It overcomplicates things for consumers during a process that can already feel overwhelming with the amount of paperwork, jargon, etc. Confusing the borrower is never a good thing."

Wright also says that the rule will "cause customer-service issues for lenders and individual loan officers when a consumer won’t understand why their interest rate and fees suddenly changed."

"I am all for the first-time buyer having a chance to get into the market, but it’s clear these decisions aren’t being made by folks that understand the entire mortgage process," he continued.

The new fees “will create extreme confusion as we enter the traditional spring home purchase season,” said David Stevens, a former head of the Mortgage Bankers Association who served as commissioner of the Federal Housing Administration during the Obama administration.
“This confusing approach won’t work and more importantly couldn’t come at a worse time for an industry struggling to get back on its feet after these past 12 months,” Mr. Stevens wrote in a recent social media post. “To do this at the onset of the spring market is almost offensive to the market, consumers, and lenders.”
The housing market has been hit hard by a series of Federal Reserve interest rate hikes that have driven mortgage rates above 6%, roughly double the level from early 2022. The Fed has raised rates rapidly to bring down inflation, which hit a four-decade high of 9.1% last summer. -Washington Times
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Under the new Biden rules, those with lower credit scores and smaller down payments will qualify for better mortgage rates and discounted fees thanks to the surcharge on those with good scores.
 
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