It’s just not fair!

From the Star Ledger:

Wealthy N.J. counties’ taxes go to poor areas, analysis finds

Wealthier counties sent a higher percentage in income and sales taxes to Trenton than they got back in key types of state aid, while poorer counties paid less and got more, according to an economic analysis released today by Rutgers University.

In answer to the question, “Where do the revenues come from and where does the aid go by county and region?” the report found “a significant redistribution of resources” from high income areas to those of low and moderate income.

The new Rutgers Regional Report looked at the state county-by-county as of the fiscal year that ended in mid-2010, showing how much was paid in income and sales taxes, and how much counties got back in school, municipal and county aid from the state.

“It’s not winners and losers, there are differences,” said Joseph Seneca of the Edward J. Bloustein School of Planning and Public Policy at Rutgers, lead author of the report. “It’s not a surprising result… This is (the result of) state policy over the years.”

A similar study conducted eight years ago found the same result, he said. “This is not a report on what should be, it is just a report on what is,” Seneca said.

The highest state school aid per pupil was in Cumberland County, at $14,681; followed by Hudson County, at $13,114; and Essex, at $12,160, according to the study. Bergen County got the lowest school aid per pupil, $2,297.

In affluent Somerset County — one of six largely-suburban counties identified by Rutgers as the state’s “Wealth Belt” — residents paid 7.1 percent of the taxes but received 1.9 percent of the state aid.

Freeholder Director Pat Walsh said the result “isn’t fair.”

“There’s no doubt in Somerset County there are wealthy people, some very wealthy people. But the majority of Somerset County residents are middle class residents,” she said. “Once again when you do the right thing, you end up at the bottom of the barrel.”

Hudson County, in contrast, paid 3.7 percent of the tax revenue, but received 10.8 percent of aid.

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115 Responses to It’s just not fair!

  1. Fast Eddie says:

    …the report found “a significant redistribution of resources”

    As long as I get a ‘Bomma phone, I could care less.

  2. Fast Eddie says:

    The highest state school aid per pupil was in Cumberland County, at $14,681; followed by Hudson County, at $13,114; and Essex, at $12,160, according to the study. Bergen County got the lowest school aid per pupil, $2,297.

    That’s because they didn’t build that. And, they need to pay more of their fair share.

  3. A Home Buyer says:

    What’s not fair is 15 bag of leaves on a .2 acre lot. And they just keep falling!

  4. freedy says:

    Same BS ,different year . NJ is a welfare state . Go Barry O

  5. The Original NJ ExPat says:

    What’s the big surprise? Our system only works if you give the poor enough money not to riot and the rich enough money not to leave.

  6. JJ's B.S says:

    I can see wealthy paying much more in income tax. How do I know wealthy pay more in sales tax?

    I hardly every pay sales tax. Income tax I pay like crazy. Clothes and food are my biggest expenses and they have no or little tax.

    Stuff I buy online or trips I book dont really generate local taxes. Most rich folk can also afford to pay cash and avoid sales tax. Home improvements, cars etc. Plus broadway shows, dinners, etc. Rich folk go out in Manhattan. Must guys I know who have cash dont buy many new cars at all, they either lease, or if you have cash go to auction or buy from private owner. Really the poor folk who put everything on installment, take loans for cars or use credit card actually end up paying a lot of sales tax.

  7. Phoenix says:

    NJ was a welfare state long before O. And will be long after.

  8. Painhrtz - 42 says:

    Is no Sh!t a response to that article, but it does dovetail nicely into that article from yesterday about pineys complaining about 5K tax bills.

  9. Phoenix says:

    From yesterday about missing girl-her body was found. The perverts win again. Ph.D. psychologists and psychiatrists can rehabilitate anyone. Then we can put them back into the general public as an RSO. These guys /gals are not repairable and should not be put back into service. Incarcerating / rehabilitating is just a money making business.

  10. Comrade Nom Deplume on Amtrak says:

    [10] phoenix.

    Sad. And scaring the shiite out of me.

  11. Brian says:

    10 –
    The perp didn’t show this girl any mercy. The punishment should fit the crime. If I were that girl’s dad I would personally cut the guys b@lls off with a dull butterknife.

  12. Comrade Nom Deplume on Amtrak says:

    [6] expat,

    That has been a fundamental consideration in tax policy circles since b4 there was tax policy.

    Of course, we use much more highfalutin language.

  13. Mike says:

    Good Morning New Jersey

  14. Comrade Nom Deplume on Amtrak says:

    [12] Brian,

    That’s a start. Personally, I’d channel Liam Neeson in Taken when he gets Marco in the chair. Only I wouldn’t be in a hurry.

  15. Comrade Nom Deplume on Amtrak says:

    Cramer says column somewhere suggesting bergabe out after election. Shiny selling off. Buying opp or end of QE?

  16. Phoenix says:

    We should give the father that option. Instead the perp will plead not guilty, tell about his hard life, etc and how he can overcome his problem thru govt paid therapy. I have a young daughter and the thought of all these RSO’s around is concerning.

    [12] Brian “If I were that girl’s dad I would personally cut the guys b@lls off with a dull butterknife.”

  17. JJ's B.S says:

    Mario Cuomo who opposed the death penalty when he was gov was once asked how would he feel if it was his daughter that was raped and killed. He said I would not need no stinking death penalty I would kill the guy with my own two hands.

  18. grim says:

    Sales taxes aren’t captive by county, thus using sales tax as a metric is flawed.

    Perhaps the businesses along Bergen’s 4 and 17 corridors would prefer if the rest of North Jersey didn’t shop there?

  19. nwnj says:

    #17

    Looks like it will be a neighbor acquaintance due to the proximity. Cops should turn their backs and let the community go Mystic River on the POS, there is no hope for these types.

  20. Comrade Nom Deplume on Amtrak says:

    Just got an email about our former A.G., Anne Milgram, getting married. To some Spanish guy.

    Not that I knew her well, we were barely more than acquainted, but that surprised me. I thought she was a lesb1an.

  21. Grim says:

    If I’m not mistaken, Garden State Plaza routinely ranks among the top 5 busiest shopping malls in the US.

    If we extend that out, I wouldn’t doubt that the 4/17 junction is the busiest shopping area in the whole country.

  22. Comrade Nom Deplume on Amtrak says:

    [18] JJ,

    If Dukakis said that, he might have been President.

  23. JJ's B.S says:

    While some women now look to marry later, a younger bride is still considered the best catch. A survey by Jiayuan.com in Shanghai this year categorized women over 29 as “leftovers.” “Women can be very picky when they’re young,” says Huang. “But if you don’t sell when it commands the highest value, you may miss the golden opportunity. There are so many women for us men to choose from. We really have no reason to pick a 28-year-old when you can find a 26-year-old.”

  24. JJ's B.S says:

    And another six inches taller and wasn’t Greek with a funny last name.

    Comrade Nom Deplume on Amtrak says:
    October 23, 2012 at 9:21 am

    [18] JJ,

    If Dukakis said that, he might have been President.

  25. Grim says:

    24 – maybe we an start a business selling American husbands to the Chinese spinsters?

  26. Grim says:

    Wow futures ugly … Black Tuesday?

  27. Juice Box says:

    Nom – Sorkin

    http://t.co/6wE3vz59

  28. JJ's B.S says:

    big stock sell off. down 160 in like 30 seconds.

  29. Juice Box says:

    Rombot loses debate again, Bad earnings, Bernake’s out, and Wall St begging for more QE like a crack head zombie. What is not to love about about equities?

    http://www.marketwatch.com/story/fed-considering-upping-qe3-size-and-language-2012-10-22

  30. JJ's B.S says:

    now down 180

  31. JJ's B.S says:

    JB. I love equities. I think short term we are overpriced. Fiscal Cliff, uncertainty about tax rates, election and we are getting closer to 2015 when rates are headed up.

    I think next few weeks will be some good buying opportunities. I think 2013 will be a very good year for stocks.

    Only so many cushion/kicker bonds I can buy in my defensive mode. Like the Jets you should go for 7 and the win not 3 and the tie. Play it safe too long and you always lose

  32. Jason says:

    [31] Juice

    One guy looked Presidential, the other like an angry community organizer.

  33. Brian says:

    Damnit. Every year. Can’t the stock market wait to crash until after my annual review?

  34. Juice Box says:

    Jason – I agree Rombot does have a better head of hair, much more Presidential.

  35. Anon E. Moose says:

    Grim [22];

    Garden State Plaza

    Enterprise Zone? Big ticket Big Box like Ikea in Elizabeth, or PC Richard in Carteret – 4% on a $1000 flat screen or $2500 in furniture is worth it. Anything less costs more in gas to get there.

  36. Juice Box says:

    Grim – Haughty enough to be closed on Sunday too, and still be the Top Retail Zip Code in the USA.

  37. JJ's B.S says:

    Rodeo Drive, 5th Avenue, Miracle Mile all have higher sales per square foot I think.

    Juice Box says:
    October 23, 2012 at 10:17 am

    Grim – Haughty enough to be closed on Sunday too, and still be the Top Retail Zip Code in the USA.

  38. JJ's B.S says:

    If you get your 401K match at year end or def stock or options at year end this may be a great thing.

    Brian says:
    October 23, 2012 at 9:54 am

    Damnit. Every year. Can’t the stock market wait to crash until after my annual review?

  39. grim says:

    39 – Might be an interesting metric to look at if we were trying to justify retail lease rates, but only marginally helpful here.

  40. brooklyn_hawk says:

    #22 Grim,
    Funny you should mention 4/17 Junction…

    Interactive map: The most congested highways in Bergen County

    BERGEN COUNTY — Where are the snags happening on your morning commute?

    We compiled this Google Map to figure it out. Using reports from 511nj, we charted every delay in Bergen County, Monday through Friday, from 6 a.m. to 9 a.m., for the month of September.

    http://www.nj.com/bergen/index.ssf/2012/10/interactive_map_the_most_congested_highways_in_bergen_county.html

  41. Anon E. Moose says:

    You know, this talk about malls makes me miss Frank.

  42. Brian says:

    Fiscal year ends in Sept here. Match just went in. Booooo.

    40.JJ’s B.S says:
    October 23, 2012 at 10:19 am
    If you get your 401K match at year end or def stock or options at year end this may be a great thing.

  43. The Original NJ ExPat says:

    I’ll probably be getting myself in trouble at a Harvard Leftfest tonight. The Keynote Presentation is titled “What Money Can’t Buy: The Moral Limits of Markets” presented by this guy:

    http://en.wikipedia.org/wiki/Michael_Sandel

  44. Brian says:

    This sucks. Right now the big bosses here are deciding how much a raise and a bonus people get. One one screen they have your review….on the other, the bloomberg terminal is all red.

  45. Juice Box says:

    Re: 43 – Moose – Back in 2009 demand dried up for Migrant worker Mexican quants and Frank had to go back to sweeping floors at his cousin’s hair salon in Parsippany.

  46. The Original NJ ExPat says:

    [44] Our 401K match is going away, sort of, as we were acquired in the middle of last year. Currently we have a straight 7% 401K salary match and our bonuses have run 4-8% taxable on top of that, though it seems like we only make the ridiculous numbers we need for bonuses every other year. Now both those programs are going away for a crappy program that doesn’t pay us a dime until March of the following year, supposedly 3% 401K match and another 3% ESOP with a crappy vesting schedule, I think.

  47. joyce says:

    (33)

    JJ

    You’ve said each year for the last few years that rates are going up in 2010/11/12/13/14 now 2015. You sound like the “housing experts” … yup, one of these years you will be right.

  48. JJ's B.S says:

    I have been buying bonds constantly, my last purchase was last Thursday. I have been saying rates have been going up but always towards end of 2014. I still have been making 5-6K a month bond trading at work in my spare time. But nothing like the 10k a month during 2009. Plus rates up on treasuries means economy is recovering which is good for my junk bonds, kicker bonds, cushion bonds, step-up bonds etc. Bad for my few long term non-callable.

    I would love to see 9% mortgages again.

    joyce says:
    October 23, 2012 at 11:23 am

    (33)

    JJ

    You’ve said each year for the last few years that rates are going up in 2010/11/12/13/14 now 2015. You sound like the “housing experts” … yup, one of these years you will be right.

  49. joyce says:

    How many times do we have to hear that “rates going equals improving economy”? That is not a given.

  50. joyce says:

    Have you been taking notes on how to lie and just rewrite history from Obama and Romney?

    51.JJ’s B.S says:
    October 23, 2012 at 11:30 am

    I have been saying rates have been going up but always towards end of 2014.

  51. yome says:

    Romney is 65 years old.What are the chances of Ryan becoming a replacement President? Just sayin

  52. Juice Box says:

    Yome, Rombots are easy to fix as long as they have stock in parts.

  53. NJGator says:

    NJExpat 48 – My fully paid company pension was replaced with a measly extra 1% contribution to my 401k. We used to have to contribute 6% to get a 3% match…now the same 6% gets us 4%. I’m sure that will fund a comfortable retirement.

  54. Anon E. Moose says:

    Nom;

    http://finance.yahoo.com/news/potential-tax-implications-lance-armstrongs-113039311.html?page=all

    A surprisingly wonkish (for Yahoo!) treatment of the tax implications of Lance Armstrong throwing in the towel re: doping scandal. Apparently the cycling federation and the insurance company that guaranteed his incentive-laden USPS contract want their money back.

    It’s one thing to strip him of the ‘honor’ (and I do not pretend to know the merits of the case — though it would not surprise me if this were a witch hunt based on wounded French national pride), but anything more highlights the farce of ‘wiping the records’ in such cases (like the NCAA). Its damn near Orwellian – He didn’t cross the finish line first; who are you going to believe — Big Brother or your own lying eyes?

  55. Bomma Fone lady says:

    Keep Bomma in president you know?

  56. chicagofinance says:

    Your options get struck lower….better in the long run….don’t they reerse-engineer the number anyway….they want to give X, and the cobble together the requisite equity stake at market, or some % off the market……

    Brian says:
    October 23, 2012 at 9:54 am
    Damnit. Every year. Can’t the stock market wait to crash until after my annual review?

  57. chicagofinance says:

    I accept rollovers :)

    NJGator says:
    October 23, 2012 at 11:51 am
    NJExpat 48 – My fully paid company pension was replaced with a measly extra 1% contribution to my 401k. We used to have to contribute 6% to get a 3% match…now the same 6% gets us 4%. I’m sure that will fund a comfortable retirement.

  58. chicagofinance says:

    It is all relative…..#1 4% is not so bad; #2 did they freeze your pension or did they terminate it and dump a NPV into an account? If they froze it, it is really not so bad. You have worked and CN for a good chunk of time? You’ll be fine……

    FYI – get your contrib rate up to 11% so 11+4=15 minimum…..

    NJGator says:
    October 23, 2012 at 11:51 am
    NJExpat 48 – My fully paid company pension was replaced with a measly extra 1% contribution to my 401k. We used to have to contribute 6% to get a 3% match…now the same 6% gets us 4%. I’m sure that will fund a comfortable retirement.

  59. NJGator says:

    Chifi – They froze. I still got screwed…my maternity leave year from when I had Lil Gator now factors into my earnings calculation for my retirement benefit.

  60. NJGator says:

    BTW – Shout out to the federal government and meth addicts everywhere for making liquid sudafed for kids cost $50/bottle. Of course Captain Cheapo is not willing to spend it, so poor Lil Gator has to learn how to swallow 1/2 an OTC pill today.

  61. Phoenix says:

    Eddie, found one for you. At least you can’t say you didn’t get one.
    http://bit.ly/LFrGoB

  62. JJ's B.S says:

    The Financial Times today offers up an interesting examination of the protracted process that led to the U.S. actually turning a $9.4 billion profit on its bailout investment in insurance giant AIG (AIG). The story, by Henny Sender, is worth reading in its entirety and defies simple summation, but one part bears mention for retail bond investors. The Fed deputized BlackRock to help sort through the complexities of AIG’s mortgage positions, and later to sell government-held AIG securities. BlackRock’s team came away with an impression that any investor who’s accustomed to the transparency of stocks and then tries dabbling in bonds can probably relate to:

    Even to the big brains at BlackRock, the workings of the bond market were astonishing. “We found the bond market totally archaic,” says one member of the team. “It was dealers picking up the phone and saying: ‘Dude, what’s the price?’”

  63. Painhrtz - 42 says:

    Gator Hey you married a liberal.

    Quick tip from former solid dosage lab tech (me) put pill in coffee grinder, grind to powder, flush grinder with Lil Gator’s favorite juice of choice into glass. Have the wee one drink up. Should get 98% of the dose. no need for expensive pre diluted cherry flavored medicine water. : )

  64. Painhrtz - 42 says:

    Or have captain sheapo deal with it. your preggers and should not be exposed to Grammar school level bioweaponry

  65. BFF says:

    JJ’s college days……Knocking them out of the park!

    http://imgur.com/qqu3O

  66. JJ's B.S says:

    Usually the Compensation Committee decides the overall bonus pool for firm. The bosses are then at most places just dividing it up.

    Brian says:
    October 23, 2012 at 10:53 am

    This sucks. Right now the big bosses here are deciding how much a raise and a bonus people get. One one screen they have your review….on the other, the bloomberg terminal is all red.

  67. chicagofinance says:

    NJG: You can’t judge today what you have for the future…….believe it or not, I worked in the shop that created the Cash Balance plan, because people in 1990 hated their pensions. They didn’t understand them and they felt stuck at their employers because it wasn’t portable……you never know what calculus is going to be the best ex-ante……

    NJGator says:
    October 23, 2012 at 1:06 pm
    Chifi – They froze. I still got screwed…my maternity leave year from when I had Lil Gator now factors into my earnings calculation for my retirement benefit.

  68. Juice Box says:

    $86 a barrell and gas down 12 cents this week alone. Possibly gonna hit $3.50 a gal by
    Election Day. I thought Wall St was in it for Romney?

    http://blogs.wsj.com/drivers-seat/2012/10/23/gas-prices-falling-quickly-down-12-cents-in-one-week/

  69. JJ's B.S says:

    IBM was one of the first big firms that did it and they got sued. Cash Balance plans are much better for women who plan on being stay at home moms one day.

    The traditional plans are on top of trapping you at a firm were pretty sexist.

    A women graduated college at 21. Gets a job at a firm with one of those old style pensions works for 15 years and decided at 36 to stay home with the kids. Since those old style pension plans were formula driven based on AGE and Years of Service it was not till you broke 40 years of age did the matches start pouring in. By 40 most of the women were gone. Luckily women have husbands and dont need the pension as much. But the cash balance plan is much better for young women in a great job with a high salary who plan on leaving workforce to have kids. By 35 they would have built up a nice retirement egg. Leave it untouched till 65 and compounding and you are a millionaire.

    chicagofinance says:
    October 23, 2012 at 1:36 pm

    NJG: You can’t judge today what you have for the future…….believe it or not, I worked in the shop that created the Cash Balance plan, because people in 1990 hated their pensions. They didn’t understand them and they felt stuck at their employers because it wasn’t portable……you never know what calculus is going to be the best ex-ante……

  70. JJ's B.S says:

    I doubt the Jersey dot heads will lower the price on the pump anytime soon.

    Juice Box says:
    October 23, 2012 at 1:42 pm

    $86 a barrell and gas down 12 cents this week alone. Possibly gonna hit $3.50 a gal by
    Election Day. I thought Wall St was in it for Romney?

  71. young buck says:

    Given the number of parents on the board with young kids, I guess this really won’t be that off topic…

    My daughter was born 2 months early (at 31 weeks 5 days). She’ll be 37 weeks on Friday and is getting ready to be released from the NICU (finally!). I just started reading about this Hepatitis B vaccine they give newborns and see a lot of negative stuff out there. Seems that the number of adverse reactions far outnumber actual Hep B infections.

    What are some of your thoughts about this? Did/would you decline this for your newborn? I’m not sure if schools require this for admission, but if they do at least she’ll be a few years old, not weeks, before getting it.

  72. The Original NJ ExPat says:

    My parents used to just crush it between two spoons and then add apple sauce.

    Quick tip from former solid dosage lab tech (me) put pill in coffee grinder, grind to powder, flush grinder with Lil Gator’s favorite juice of choice into glass. Have the wee one drink up. Should get 98% of the dose. no need for expensive pre diluted cherry flavored medicine water. : )

  73. Painhrtz - 42 says:

    YB good news, my wife had ours get it no reactions for either of them. I can’t imagine the exposure to communciable hep B being that great but then again I don’t know the incidence rates in small children. A lot of the stuff regarding vaccines is hogwash, but ultimately it is up to you as a parent to make an informed choice on the the risks you are willing to take with your own children.

    If only we had an emergency room physician to comment. : )

  74. Waiting in Rent says:

    Young Buck,
    Both my girls were born just at 32 weeks. I don’t remember a Hep B. vaccine as a new born. I don’t think we got any vaccines until at least the 4 month well visit. But hey what do I remember. We had a tendency to delay our vaccines. We did them all, just not necessarily to their schedule. The worst side-effects we had was a slight fever once and of course soreness and some shots (1 is 4 1/2 years and the other is 15 months).

  75. Juice Box says:

    Young – no issues here with the Hep B with my two boys. My undstanding is most kids get it from the mother.If you are worrying about Autism don’t, there are just too many shots kids are required to have and if you are going to do any kind of daycare your child will be required to have all shots no exceptions and paperwork must be provided.

    Speak to your child’s Doc ASAP, you can decline the shot now and get it later from the Pediatrician, but either way you will be spending alot of time at the Pedetrican mostly getting shots for you child.

    Congrats!

  76. The Original NJ ExPat says:

    Nobody got pension-crushed as unwittingly as those who retired just before Nixon pulled the gold window closed. People retiring in 1968 were like, “Woo-hoo! $7K a year for the rest of my life!”

  77. JJ's B.S says:

    “but ultimately it is up to you as a parent to make an informed choice on the the risks you are willing to take with your own children”

    An informed choice is the doctor or AMA telling you to get the needed shots, parents can choose what they want but most cases it is a lot of internet nonsense mixed with web md and personal and religious beliefs that guide them on what to do. That is like saying the chickens who bang their beeks on bingo boards are making informed choices

  78. The Original NJ ExPat says:

    We used to have those types of worries and I questioned our pediatrician extensively. He has kids just slightly older than mine and if his kids got it, so did mine. We did record all vaccine batch numbers, though.

    What are some of your thoughts about this? Did/would you decline this for your newborn? I’m not sure if schools require this for admission, but if they do at least she’ll be a few years old, not weeks, before getting it.

  79. JJ's B.S says:

    Not everyone did. My neighbor retired from Sperry (non Unisys) and the company got slammed bad on pensions. In the 1950s they gave inflation adjusted pensions. Why not inflation was peanuts. My neighbor lived to 91 and took early retirement at 55. People back then started work at 18. She worked there 36 years. She told me her pension was 4x her last salary. Imagine the storm that hit them in 1972 to 1984.

    Plenty of union folks had COLA salaries and COLA pensions in the 1950s to 1970s till that ended. Most were grandfathered. As long as firm that issued them did not go BK or was the govt wow.

    The Original NJ ExPat says:
    October 23, 2012 at 2:08 pm

    Nobody got pension-crushed as unwittingly as those who retired just before Nixon pulled the gold window closed. People retiring in 1968 were like, “Woo-hoo! $7K a year for the rest of my life!”

  80. Brian says:

    75 – YB Great news and congratulations.

    I vaguely remember them giving my now 3 year old and my 11month old the Hep B shots. I never said no to any of them. I shuddered at the thought of both of them getting any shots (they are so small) but, I always felt it was best for them.

    If I were you, and the hospital recomended it, I would let them give your child the shots.

  81. The Original NJ ExPat says:

    [78] Hep B shot in the heel was standard for newborns in 2002 & 2004 in Boston, I know that.

    Young Buck,
    Both my girls were born just at 32 weeks. I don’t remember a Hep B. vaccine as a new born. I don’t think we got any vaccines until at least the 4 month well visit. But hey what do I remember. We had a tendency to delay our vaccines. We did them all, just not necessarily to their schedule. The worst side-effects we had was a slight fever once and of course soreness and some shots (1 is 4 1/2 years and the other is 15 months).

  82. Happy Renter says:

    [75] Congratulations on the birth and the impending homecoming.

    All 3 of my kids got the hep-B in the hospital, no issues.

  83. The Original NJ ExPat says:

    Do you know that if you put 25 cents in a piggy bank in 1964 and took it out today you could buy more gasoline now than you could then?

    That’s because in 1964 regular gas was 30 cents a gallon and all Washington quarters 1964 and earlier were 90% silver. So if you wanted to buy a gallon of gas in 1964 for a quarter, you’d still be 5 cents short, but a 90% silver quarter is worth close to $6 now, so you could buy a gallon of gas and still have $2 left over. A pre-’64 quarter contains .1808 troy ounces of silver so you can multiply the price of silver by .1808 and always know the approximate silver value of that same quarter.

  84. joyce says:

    87

    Nonsense. There is no inflation. Print away!

  85. Anon E. Moose says:

    Joyce [88];

    Print away!

    You’re being facetious, I know, but that’s exactly what your typical Obama voter would say.

  86. Painhrtz - 42 says:

    JJ stick to bonds and penthouse forum. you do realize there are other ways to get medical information from reputable sources other than web MD and internet forums.

    Jeez it is a miracle this species has evolved above throwing spears at one another.

  87. 1987 Condo Buyer says:

    Gas, Cedar Grove: $3.41

  88. JJ's B.S says:

    We’re in the “final inning” of the three-decade bond bull market, and according to Bank of America Merrill Lynch we should be expecting the umpire to call the final out sometime next year.

  89. chicagofinance says:

    Hospitals are there to cover their a%%…..go ask what the Vitamin K shot is and why they give it……

    Brian says:

    October 23, 2012 at 2:23 pm

    75 – YB Great news and congratulations.

    I vaguely remember them giving my now 3 year old and my 11month old the Hep B shots. I never said no to any of them. I shuddered at the thought of both of them getting any shots (they are so small) but, I always felt it was best for them.

    If I were you, and the hospital recomended it, I would let them give your child the shots.

  90. JJ's B.S says:

    I do. That is the point. I follow the doctors and AMA advice. I did not go to medical school. I find it funny that Phishhead kids from the 1980s and 1990s now think milk from a supermarket and vaccines from a doctor are bad based on what they learned hanging around their veggie friends who dropped LSD like lifesavers when their were in college but if they eat a nonorganic apple it will kill them.

    Disclamer. I eat junk food regularly, never eat organic, drink multiple cups of coffee daily, soda and engage in high risk activities all the time. Never spent one night in a hospital in my life and I am in perfect health. I am like that dodge dart with 300K miles that never had its oil changed. Dont start now you might mess something up

    Painhrtz – 42 says:
    October 23, 2012 at 3:20 pm

    JJ stick to bonds and penthouse forum. you do realize there are other ways to get medical information from reputable sources other than web MD and internet forums.

    Jeez it is a miracle this species has evolved above throwing spears at one another.

  91. JJ's B.S says:

    i didnt want things just to fall apart
    and i think we just needed a head start on how to no stay
    away girl i need you cause u r my vitamin k
    cause without you i am in so much dissaray
    hell i wont even play just to c u another day

  92. 1987 Condo Buyer says:

    I’m curious as to how folks who buy and use marijuana from unknown sources with unknown production and unknown chain of sale, etc (i.e. don’t know what the heck is in it) are so concerned…(not that they aren’t right!)

  93. chicagofinance says:

    You can get away with no shots at all. However, what I would recommend that you and your wife learn your daughter well. Note how she looks, how she behaves, when she sleeps etc…..what I would advise against is the schedule…..go at your own pace. Keep an eye on your child after every shot and pay close attention. Behavior changes, rashes, appetite etc…..anyone who says I did XYZ and there was no problem is not a help to you. The process is all about making a priority to manage what is being put inside your kid (including food).

    If you find it overwhelming, you should. No one is looking out for your kid. Everyone is focuse on avoiding liability. Bear in mind that NJ is home to virutally all the major pharma companies that make the shots, so don’t expect any state mandates to help you as guidelines for decisionmaking.

    young buck says:
    October 23, 2012 at 1:48 pm
    Given the number of parents on the board with young kids, I guess this really won’t be that off topic…
    My daughter was born 2 months early (at 31 weeks 5 days). She’ll be 37 weeks on Friday and is getting ready to be released from the NICU (finally!). I just started reading about this Hepatitis B vaccine they give newborns and see a lot of negative stuff out there. Seems that the number of adverse reactions far outnumber actual Hep B infections.

    What are some of your thoughts about this? Did/would you decline this for your newborn? I’m not sure if schools require this for admission, but if they do at least she’ll be a few years old, not weeks, before getting it.

  94. Ernest Money says:

    pain (90)-

    We really haven’t.

    “Jeez it is a miracle this species has evolved above throwing spears at one another.”

  95. chicagofinance says:

    If you are willing to fork out extra coin, you can go here, although they may not take new patients….
    http://www.wholechildcenter.org/

  96. raging bull jj says:

    You would be banned from the securities industry for life 20 years ago with your hippie bs you are preaching.
    Mostly parents screw up kids, not the peditrician

    at one point I did actual sales when I was during work at Sara Lee, door to door sales. I knocked on a few hundred doors a day. Only did it three weeks. OMG the filth and dirt people live in and the amount of insane people, I also did plumber assitant work, handyman work etc. Scary Scary Scary how average person lives when you stop by unannounced. And you think these people can make medical decisions over doctors. OMG one nut had a blown water pipe had no garbage pickup, he threw it down the steps for years, rats the size of cats and he had kids in there.

    chicagofinance says:
    October 23, 2012 at 3:47 pm
    You can get away with no shots at all. However, what I would recommend that you and your wife learn your daughter well. Note how she looks, how she behaves, when she sleeps etc…..what I would advise against is the schedule…..go at your own pace. Keep an eye on your child after every shot and pay close attention. Behavior changes, rashes, appetite etc…..anyone who says I did XYZ and there was no problem is not a help to you. The process is all about making a priority to manage what is being put inside your kid (including food).

    If you find it overwhelming, you should. No one is looking out for your kid. Everyone is focuse on avoiding liability. Bear in mind that NJ is home to virutally all the major pharma companies that make the shots, so don’t expect any state mandates to help you as guidelines for decisionmaking.

  97. joyce says:

    (89)
    Moose,

    Unfortunately, I opened the link and read it. That retarded post falls into the “assume we have a can opener” line of reasoning in the first sentence.

    Only if Romney were proposing actual cuts… only if Ryan’s proposed budget balanced was balanced before 2040….

    The strong growth that they and Obama propose, that make their budgets “work” will never be realized until a material amount of the debt is written down. We all know that will never happen because it will bankrupt “connected” institutions, pension funds, JJ’s portfolio, and the majority of governments in the several states. So I repeat, it will never happen. Of course in addition the monetary system needs to be reformed and the rule of law restored, but that’s neither here nor there.

  98. Juice Box says:

    Re: 97 – no shots? Gonna kick a coconut around the room when the kid contracts whooping cough?

  99. Juice Box says:

    Joyce – reform? I vote collapse before reform. It has always ended that way, History only rhymes we are locked and loaded for collapse.

  100. Ernest Money says:

    joyce (101)-

    There you go, making sense and shit again.

    “The strong growth that they and Obama propose, that make their budgets “work” will never be realized until a material amount of the debt is written down. We all know that will never happen because it will bankrupt “connected” institutions, pension funds, JJ’s portfolio, and the majority of governments in the several states. So I repeat, it will never happen. Of course in addition the monetary system needs to be reformed and the rule of law restored, but that’s neither here nor there.”

  101. Ernest Money says:

    juice (104)-

    This collapse will be Western civilization. Hope I have enough rum on hand to make all the fruity drinks I’ll need to enjoy the sideshow.

  102. JJ's B.S says:

    Joyce Debt = Another Mans Wealth

    Allowing people to go BK under some govt imposed modification is outright theft
    Allowing people who cant refinance to refinance at lower rate is theft of another mans cash stream.

    Folks on their own need to tighten their belts and pay down debt and not take out new debt.

    Folks like the GM bondholders should no be robbed. The bondholders should get paid or the firm go BK. Homeowners should pay their mortgage or get foreclosed on. Debt holders like the fact consequence of non-payment is severe that is why most people pay. Letting people off easy is a big contagion risk encouraging people to default who may have never defaulted.

  103. NJGator says:

    Juice 103 – No they are depending on those of us who actually vaccinate their kids to protect their coddled little snowflakes.

  104. grim says:

    My daughter was born 2 months early (at 31 weeks 5 days). She’ll be 37 weeks on
    Friday and is getting ready to be released from the NICU (finally!).

    Congrats to you for making it through 6 weeks of NICU with your daughter. Jayne went into the hospital at 26 weeks with pre-term and had to stay in antepartum for 7 weeks. They eventually released her with contractions and she made it a couple of more weeks to 36 when the little one came.

    She spent 1 day in NICU and another 4 days in intermediate. 5 days was rough, can’t imagine 6 weeks in NICU.

  105. Grim says:

    109 – last we checked, the hospital bill for Jayne was $390,000. I’m sure Kylie’s stay will be another $100k.

  106. Fabius Maximus says:

    #45 ExPat

    I’m just back from a keynote with Sheila Bair. That was a lot of fun, I like her.

  107. Fabius Maximus says:

    #75 YB
    #109 grim

    Big congrats on making it out of NICU. It sucks that you were there, but you sure do appreciate life when you get out.

  108. chicagofinance says:

    I didn’t advocate for no shots. I said that you can get away with it regardless of what you are being told….don’t put words in my mouth……

    Juice Box says:
    October 23, 2012 at 4:56 pm
    Re: 97 – no shots? Gonna kick a coconut around the room when the kid contracts whooping cough?

  109. Tu Bukchuck says:

    REDISTRIBUTION
    Good God y’all.
    What’s it good for
    Absolutely Nothin’!

    Wake UP!
    Dreamtime is OVAAAAHHHH!
    Welcome to your favorite nightmare!

  110. Tu Bukchuck says:

    JJ’s BS 73

    You’ve got the process and math all wrong.

    At 24, she graduates college (it’s NJ, she attends local socialist university and commutes from parent’s home, parties, and takes her time to graduate).

    After graduating, she gets a job, but it’s in retail or stripping, so there’s no savings plan or cash balance plan. Any money made is spent on her car or trips or bar crawls.

    At age 28, she’s getting kicked out of the house and reckons it’s time to find a sponge, err, husband.

    At 31, she has her first child. At 33, she has a second child. And if she’s truly ambitious, by 37, she’ll have her third. Although, the third child was an over the top child – read on.

    At 39, she has her midlife crisis – she’s not getting all that she is entitled to in this short lifetime. So, she gets the local women’s health circular and goes to an info session by local family court lawyers.
    On Super Bowl Monday before her 39th birthday, she goes down to the local DV clinic and applies all she’s been taught by the lawyers, who by the way, sit on the boards of directors on either this or some other dv clinic (can you say 501c3 non-profit?).

    One yr into the docket calendar and shortly after her 40th birthday, this victim has gotten her divorce, transferred 20%-40% of the family assets to the family lawyers et al, and has child support (automatic custody to females) and of course, alimony (let’s make it permanent!). Of course, all her legal bills are his – that’s equitable distribution.

    By age 41, she now has a QDRO secured against his 401k & pension plan. She transfers all that to her IRA. She draws down on that money because she can’t adjust her lifestyle and just wants to look poor the next time the child support hearing comes up.

    By 45, she’s ultra-bitter, not so easy on the eyes, and taking him back to court. The judge makes stuff up and she then gets his cash balance pension. Having squeezed the life out of the father of her children, Medea, then rolls the money over to her IRA, where it’s hers and not for the kids.

    See, that’s how cash balance plans work!

    JJ’s BS wrote-
    Luckily women have husbands and dont need the pension as much. But the cash balance plan is much better for young women in a great job with a high salary who plan on leaving workforce to have kids. By 35 they would have built up a nice retirement egg. Leave it untouched till 65 and compounding and you are a millionaire.

  111. Heya i’m for the first time here. I found this board and I find It really useful & it helped me out a lot. I am hoping to give one thing again and help others like you helped me.

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