News
Vacancy Rates Up – Rental Costs Down
By Sheldon Spackman
Canada Mortgage and Housing Corporation has released it’s latest Rental Market Outlook and it shows that vacancy rates are on the rise while rental costs are coming down in Central Alberta.
In communities of 10,00 or more, it shows the total private apartment vacancy rate in Red Deer last month was 13.6 percent, up from 5.4 percent in October of 2015. The total average rent for all private apartments in Red Deer in October was $946 per month, a decrease of 3.9 percent from the same month last year.
Elsewhere in the region, the Town of Sylvan lake saw it’s total vacancy rate rise from 8.9 percent in October of 2015 to 19.2 percent last month. The total average rent for a private apartment in Sylvan Lake last month was $929, down 4.3 percent from the same time last year.
In the City of Lacombe, it’s vacancy rate rose from 3.6 percent in October of 2015 to 11.4 percent in October of this year. The total average rent for a private apartment in Lacombe came in at $770 per month in October, a drop of 3.2 percent.
For more details on other communities in Alberta, visit this link at CMHC:
https://www.cmhc-schl.gc.ca/odpub/esub/64483/64483_2016_A01.pdf?fr=1480439300523
Business
Facebook / Meta’s Mark Zuckerberg on the Joe Rogan Experience
Earlier this week Mark Zuckerberg rocked the world of information with the news that Facebook, Instagram, and his other Meta properties would no longer use third party fact checking groups to censor information. As the week wraps up, Zuckerberg sits down for an extended conversation with Joe Rogan. For anyone interested in the world of information, this is a must see / listen.
From the Joe Rogan Experience
Mark Zuckerberg is the chief executive of Meta Platforms Inc., the company behind Facebook, Instagram, Threads, WhatsApp, Meta Quest, Ray-Ban Meta smart glasses, Orion augmented reality glasses, and other digital platforms, devices, and services.
Daily Caller
‘Embarrassingly Wrong’: Corporate Media’s Talking Heads Confess Their Biggest Blunders Of 2024
From the Daily Caller News Foundation
By Owen Klinsky
From MSNBC host Rachel Maddow to businessman and television personality Mark Cuban, a slew of media leaders divulged what they got wrong this past year in a Semafor article published Monday.
Media missteps included NBC News President Rebecca Blumenstein underestimating the impact of inflation on politics, Fox News anchor Dana Perino incorrectly predicting Taylor Swift and Travis Kelce would get engaged and CNBC financial journalist Andrew Ross Sorkin not putting “DOGE and the pairing of Elon [Musk] and Vivek [Ramaswamy]” on his 2024 Bingo card, according to the piece. Despite the variety of answers, one topic — Joe Biden’s lack of mental acuity — seemed to sit at the top of the list for many respondents.
“Like many others, I was completely, utterly, totally, embarrassingly wrong about [President Joe] Biden’s lack of mental competence,” progressive British-American broadcaster Mehdi Hasan told Semafor.
Biden dropped out of the 2024 presidential election in July following a disastrous June debate performance in which he appeared to lose his train of thought several times and stated he “beat Medicare.” Prior to the decision to exit the race, the White House made various efforts to mask the effects of his age, with the president wearing sneakers rather than dress shoes and taking shorter steps up Air Force One.
The White House actively denied claims Biden’s mental health was declining, with White House press secretary Karine Jean-Pierre characterizing a video of the President wandering away from world leaders at the G7 Summit as a “cheap fake” and claiming it was orchestrated by Republicans. Much of the corporate media supported the White House’s effort, with panelists on MSNBC’s Morning Joe describing a June article from The Wall Street Journal (WSJ) that detailed the president’s declining mental health as “outrageous,” and CNN’s Bakari Sellers suggesting in July, well after the debate, that there was no reason to believe Biden could not serve for another four years.
Other examples of the media downplaying concerns over Biden’s mental acuity include The View co-host Whoopi Goldberg rushing to the president’s defense after co-host Alyssa Farah Griffin said Biden could have a “senior moment” on stage prior to the debate and MSNBC analyst Mike Barnicle describing members of the Democratic Party as cruel in July for trying to oust the president from the 2024 race.
More recently, former CNN political analyst Chris Cillizza apologized in a YouTube video posted in December for waiting too long to investigate concerns that Biden’s mental acuity was deteriorating, admitting that as a journalist he should have “pushed harder earlier for more information about Joe Biden’s mental and physical well-being.”
American talk show host Brian Lehrer made a similar apology in his response to Semafor: “Many callers to my show said Joe Biden was in no shape to run for re-election. I mostly dismissed it as ageism. Then I watched the debate.”
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