BofA: Home Prices to increase 3.3% a year for the next 10 years

From HousingWire:

BofA Merrill Lynch analysts forecast 5% rise in home prices

Bank of America Merrill Lynch revised its housing forecast upward due to a better alignment of supply and demand, and now predicts the S&P/Case-Shiller Index will increase by 5% in the fourth quarter over 4Q 2011.

That translates into an average price gain of 2.1% this year compared to 2011.

In August, BofA analysts predicted prices would rise 2% in the fourth quarter over the year-ago quarter. That was also a revision upward. In March, BofA Merrill Lynch forecasted the bottom in national home prices. However, it underestimated the magnitude of the turn.

The analysts also expect average home price appreciation of 3.3% a year over the next 10 years, a cumulative gain of about 36%.

BofA still expects home prices to slow down into the end of the year.

“It is important to remember that the housing market is subject to volatility in the best of times; in this distorted market, we cannot expect a smooth pattern,” the research note said.

It predicts that national prices will increase 5.6% quarter-over-quarter in the third quarter of 2012, following a 9.3% gain in the second quarter. It predicts flat prices in the fourth quarter of this year as well as a decline of 1.6% in the first quarter of 2013 before prices begin to trend upward.

The main component driving the forecasted increase in home prices is a better alignment of housing supply and demand. Inventory of homes for sale continues to decline because of pickup in house demand, a slow clearing rate for distressed properties and a significantly below normal pace of new home construction.

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238 Responses to BofA: Home Prices to increase 3.3% a year for the next 10 years

  1. Anon E. Moose says:

    Morning, Mike! ;-)

  2. grim says:

    From the NYT:

    Dealing With Delayed Closings After Hurricane Sandy

    THE extensive power failures that have paralyzed the region in the wake of Hurricane Sandy have understandably delayed closings in mortgage deals that had otherwise been buttoned up. But lenders are adding to the logistical bottleneck by requiring that properties in affected areas be reinspected for damage.

    “If you are in a FEMA-declared disaster area or emergency area,” said Jason Auerbach, a divisional manager for First Choice Loan Services, of Morganville, N.J., “banks are requiring an inspection of the home to affirm whether there was damage done. They are reinspecting properties to make sure it’s still a functional property that can be lived in.”

    FEMA has declared disaster areas in much of coastal New York, New Jersey and Connecticut. However, even properties outside these areas may still be subject to another inspection because of agreements with the investors who bought closed loans, noted Joshua Weinberg, the senior vice president for compliance of First Choice.

    For properties in areas that didn’t suffer extensive storm damage, the inspection may constitute no more than a drive-by. The delay in such cases may be no more than a few days.

    Both buyer and seller may also be required to sign a form attesting that they agree the property suffered no storm-related damage. Regardless, buyers should do a thorough walk-through well before the day of closing, advises Scott Penner, a real estate lawyer in Milford, Conn.

    “What we don’t want to have the day of the closing is that they go into the property and see evidence of flood damage,” Mr. Penner said. “Then they’ll want to negotiate at that time, and it creates all sorts of problems.”

    So far, lenders appear to be honoring interest-rate guarantees that have expired because the storm delayed the closing.

  3. grim says:

    Ode to JCP&L – Courtesy of Dave Mason, 1977..
    http://www.youtube.com/watch?v=p8_FOQ7-P30

    Been away, haven’t seen you in a while.
    How’ve you been?
    Have you changed your style and do you think
    That we’ve grown up differently? Don’t seem the same
    Seems you’ve lost your feel for me

    So let’s leave it alone, ’cause we can’t see eye to eye.
    There ain’t no good guys, there ain’t no bad guys.
    There’s only you and me and we just disagree.
    Ooo – ooo – ooohoo oh – oh – o-whoa

    I’m going back to a place that’s far away. How bout you?
    Have you got a place to stay? Why should I care?
    When I’m just trying to get along We were friends
    But now it’s the end of our love song…

    So let’s leave it alone, ’cause we can’t see eye to eye.
    There ain’t no good guys, there ain’t no bad guys.
    There’s only you and me and we just disagree.
    Ooo – ooo – ooohoo oh – oh – o-whoa

  4. grim says:

    Interesting press release from Zillow..

    Homebuyers nationwide in September could expect a discount of 7.7 percent when buying a bank-owned property versus the same home in a non-distressed sale, according to a new Zillow® analysis.

    The discount narrowed from 9.1 percent during the same month last year and has fallen dramatically from a peak national discount of 23.7 percent in August 2009. Zillow compared the actual sale price of foreclosed homes nationwide to the estimated price of the same home were it to sell in a non-distressed transaction.

    While foreclosure sales continue to offer buyers discounts over traditional sales in the majority of metro areas, some of the areas hardest hit by foreclosures are also those where the price gap between foreclosed and non-foreclosed homes is the smallest. Areas with the smallest foreclosure discounts in September were Phoenix (0 percent), Las Vegas (0 percent), Sacramento, Calif. (0.7 percent) and Riverside, Calif. (1.8 percent), Zillow found.

    “The smallest foreclosure discount is found in places where competition for homes is so high, people there are willing to pay the same amount for a foreclosure re-sale that they would for a non-distressed home simply to take advantage of historic affordability,” said Zillow Chief Economist Dr. Stan Humphries. “Additionally, in areas such as Phoenix and Las Vegas, where not long ago one out of every two homes sold was a foreclosure re-sale, buying a foreclosure is no longer just for investors.”

    Metro areas with the biggest foreclosure discounts include Pittsburgh (27.4 percent), Cleveland (25.8 percent), Cincinnati (20.2 percent) and Baltimore (20 percent).

  5. Brian says:

    3.3% a year increase? That’s about what the inflation rate is no?

    http://inflationdata.com/inflation/Inflation_Rate/CurrentInflation.asp

    Grim, do you think NJ will be a part of that national trend?

  6. Mike says:

    Good Morning Moose And New Jersey

  7. Painhrtz - 42 says:

    Good morning mike.

    Grim here is an interesting question for the nak owned homes down the shore do they let them go to brownfield, sell the land, and write off as a loss.

  8. Brian says:

    Grim, are you still on generator power?

  9. grim says:

    3.3% a year increase? That’s about what the inflation rate is no?

    It’s also pretty darn close the average annual appreciation rates of existing homes, from the 1960s to current, when adjusted for size (I believe that number is 3.5%).

    So, all in all, it’s a pretty conservative prediction, but a positive one.

  10. grim says:

    8 – Yes, and I need to make a gas run too.

  11. grim says:

    Grim here is an interesting question for the nak owned homes down the shore do they let them go to brownfield, sell the land, and write off as a loss.

    That’s the million dollar question. Builders and investors are stockpiling their powder for this one. Banks aren’t going to undertake repairs, or even demolitions (unless pressed). I think these come to market, because there is value here. I suppose there is some uncertainty about whether or not towns will allow rebuilding to previous municipal/zoning codes. I think they’ll have no way but to allow, otherwise they face a massive property tax revenue crisis (example of this would be a lot that according to current zoning is non-conforming and not buildable, but previously had a residence on it).

  12. seif says:

    Juice – to my understanding a limousine liberal is someone who, for example, calls for green energy, says they are environmentally conscious but drives a gas guzzling SUV. is that not your definition of it? or in the case of right-wing thinkers, the lefty hollywood stars that fly in private jets. if you have another definition please share it.

    also – you asked a simple question; when was the last time you were in a limo. i gave you the answer.

    Hmmm…8:30am…Joyce must be just about finishing her pissed-in cornflakes, taking her shots of vinegar and lining up her bombs on the sideline waiting to throw them at everyone.

  13. chicagofinance says:

    Yes….she is someone you would not expect, and you would need to be a long time poster to know who she is.

    Brian says:
    November 9, 2012 at 5:55 am
    I bet 101 is really someone we wouldn’t expect….like Jill maybe.

  14. grim says:

    Prediction time, Christie either waives property tax caps this year, or wholesale approves any town looking for an increase based on storm-related costs. Get your checkbooks out, I’ll make a second prediction that the average tax increase is 7%.

    Has police overtime hit the $10 million mark yet?

  15. chicagofinance says:

    Limousine Liberal
    Al Gore = Inconvenient Truth lived in a 10,000 sq. ft. home in TN.
    Barack Obama = global warming alarmist keeps his home in Chicago at 78 degrees during the winter.
    Hollywood actor flying in a private jet to an environmental rally.

    seif says:
    November 9, 2012 at 8:35 am
    Juice – to my understanding a limousine liberal is someone who, for example, calls for green energy, says they are environmentally conscious but drives a gas guzzling SUV. is that not your definition of it? or in the case of right-wing thinkers, the lefty hollywood stars that fly in private jets. if you have another definition please share it.

  16. grim says:

    Has police overtime hit the $10 million mark yet?

    Scratch that… Has police and municipal overtime hit the $100 million mark yet?

  17. chicagofinance says:

    Limousine Liberal = what is most important is that the public in general embrace their message for the greater good. Hypocrisy is excused, because…um well….hey fcuk you!.

    Also, FabMax….the Prius is more popular than the Civic because it makes a distinct public display. Other hybrids are not obvious unless you look closely at the trim.

    The main knock against the Prius facing the day you need to service the engine for significant repairs…..if you have not reached that day, then you are not talking from significant enough experience. There is still no financial justification for these products.

  18. Mike says:

    Can anybody on the blog explain what FEMA pays for if the home is damaged or a total loss and it’s not a vacation home. I’m sure it’s done case by case. Do they only offer low interest loans?

  19. grim says:

    Big picture? Isn’t Stu’s old Civic greener than Fab’s new Prius?

  20. 3B Buying says:

    #13 chgo: I don’t mean to be clueless, but I am a long time poster, and I do not know who re101 is. I did not know the poster was a woman either.Do you know who it is?

  21. Painhrtz - 42 says:

    The best hybrids would be small displacement diesel engine running a generator for all four wheels. Would probably get close to 70 mpg and not require the ridiculous battery packs and rare earth metals. Current hybrids are trying to be a bridging technology to electric but the long term maintenance costs make them a terrible technology.

  22. Comrade Nom Deplume says:

    Pallone on CNBC: “FEMA has to rebuild [the beaches]” and “we are trying to get 100% [funding] from the federal government.” He is also “not sympathetic” to beachfront owners who won’t sign waivers to allow berms on their property.

  23. Comrade Nom Deplume says:

    I still want there to be lots of hybrids out there. I don’t plan to get one yet but they still benefit me when lots of other people drive them. Better air quality, lower gas prices, and they won’t win in a collision with my SUV.

  24. Comrade Nom Deplume says:

    [23] grim,

    I will have to look into whether attorneys fees can be claimed in a FEMA claim or appeal. I smell money.

  25. The Original NJ ExPat says:

    [5] Looking backward, averaging over 10 years, yeah 3.3% is in the right ballpark. Looking forward after the massive amount of printing we’re doing, that would seem low.

    http://inflationdata.com/Inflation/images/charts/Annual_Inflation/annual_inflation_chart.htm

    3.3% a year increase? That’s about what the inflation rate is no?

  26. Comrade Nom Deplume says:

    [12] seif,

    What? No snark for me? I’m hurt; where’s the love?

  27. Jason says:

    The verdict is still out on the environmental benefits of hybrids. The June 2011 issue of National Geographic, which by the way is securely in the camp of the so-called greenie movement, had an article describing the environmental devestation resulting from the extraction of “rare-earth” elements necessary for the production of hybrid batteries.

  28. The Original NJ ExPat says:

    Limousine Liberal = Part of the 1%, registered Democrat. West Coast variant always drives a Prius and is mostly seen in T-shirt, cargo shorts, and flip-flops.

  29. drazz says:

    Police overtime is paid by FEMA.

  30. grim says:

    I think JJ nailed it a few years back when he basically called it out.

    If you don’t scrap the car that you sell to buy a hybrid, you are creating additional drain on resources. If you sell the car, trade it in, someone else buys it, and is driving it. Net net, what good is that? It’s not.

    Not only that, but inherent in the previous vehicle is the net energy/carbon that was required to build it. Who cares about the hybrid/electric recouping the purchase price, if it doesn’t recoup that scrapped energy as well, again, it’s a net drain on resources.

    Like I said, isn’t Stu’s old Civic greener than a new Prius?

    I think so.

  31. Brian says:

    Grim….FYI

    The manifold and burners on my Weber grill are fukd. I’m seriously considering running a natural gas line to it and converting it to natural gas.

    Along with it, i’ve been looking at tri-fuel or bi-fuel conversion kits for the Briggs and Stratton Storm Responder generator I bought.

    http://www.pngtechnologies.com/Briggs-and-Stratton_SEC.html

    Standing in line for gasoline sucked.

    10.grim says:
    November 9, 2012 at 8:27 am
    8 – Yes, and I need to make a gas run too.

  32. grim says:

    The manifold and burners on my Weber grill are fukd. I’m seriously considering running a natural gas line to it and converting it to natural gas.

    I believe the burners and manifold are the same, the only difference I know is that the orifices on the valves needs to be drilled out as more nat gas is required to maintain btus. When I modified my Vermont castings, I found a website that had a drill size conversion chart. All I needed to do was disassemble the valves and drill them out appropriately. I was able to pick up a hose at home depot. Does the weber retrofit come with new burners?

    Along with it, i’ve been looking at tri-fuel or bi-fuel conversion kits for the Briggs and Stratton Storm Responder generator I bought.

    Funny, my neighbor already ordered the tri-fuel conversion kit for his. He came over the other afternoon to tell me about it.

  33. seif says:

    all the limousine liberal definitions are in line with mine…not sure why juice thought i had a different view of what it meant. maybe because i am just “stupid” or “retarded” as noted yesterday.

  34. The Original NJ ExPat says:

    Back in 1984 you could buy a 35mpg Honda CRX. That was the fast one. The fuel efficient Honca CRX HF with 1.3L engine got 52mpg. That was nearly 30 years ago and neither car had computer controlled engine management. The trick was that they each weighed 1800 lbs, half the weight of an average car today. The original VW Rabbit weighed the same. All 4 cylinder cars used to be under 2600 lbs. If motorcycles are legal why can’t we still have light weight cars?

  35. Ben says:

    I think JJ nailed it a few years back when he basically called it out.

    If you don’t scrap the car that you sell to buy a hybrid, you are creating additional drain on resources. If you sell the car, trade it in, someone else buys it, and is driving it. Net net, what good is that? It’s not.

    Not only that, but inherent in the previous vehicle is the net energy/carbon that was required to build it. Who cares about the hybrid/electric recouping the purchase price, if it doesn’t recoup that scrapped energy as well, again, it’s a net drain on resources.

    Like I said, isn’t Stu’s old Civic greener than a new Prius?

    I think so.

    That was the cash for clunkers program. Dealers were required to “destroy the engine” with a solution that would solidify throughout the engine block. They never did. I know one dealership that just resold the cars banking on the fact that no one would ever check up. Of course, all my liberal friends talked about the merit of the program and how good it was. They didn’t want to even entertain the idea that this was simply car buyers and car dealers robbing the taxpayer.

  36. xolepa says:

    JJ, who’s JJ?

  37. Brian says:

    34 –
    Yeah I’ve seen the websites about drilling the orifices (heh heh…where’s jj?), however, I’m easily distracted these days with the kids and replacing the entire manifold seems easier. Only one of the burners is rusted out and i thought I’d replace them all for good measure. Still comes out cheaper than buying a new NG grill. Plus my Genesis 1000 is so old it really needs an overhaul.

    I’d be doing it all with the added benefit of maybe converting the generator and having a place to hook it up when TSHTF again.

    http://www.appliancefactoryparts.com/search/part/494318/135319 (manifold)

    http://www.appliancefactoryparts.com/search/part/19987/135319# (burners)

  38. Ben says:

    The verdict is still out on the environmental benefits of hybrids. The June 2011 issue of National Geographic, which by the way is securely in the camp of the so-called greenie movement, had an article describing the environmental devestation resulting from the extraction of “rare-earth” elements necessary for the production of hybrid batteries.

    It’s a tradeoff. Obviously, the environmental impact is minimal compared to the extremely negative effects of CO2 pollution. You do realize, CO2 pollution just wiped out the Jersey Shore, don’t you? Think about that next time you use unrecycled toilet paper. Excuse me while I take a helicopter to the Hamptons.

  39. seif says:

    28 – in time my friend, in time.

  40. Comrade Nom Deplume says:

    [41] seif,

    i feel so much better. Worthy, even.

    And who called you a retard? I really dislike that term so I know it wasn’t me.

  41. xolepa says:

    Even though I was out of power one day from this, thanks to my next door neighbor who has a whole house generator and lots of extension cords, my wife has had enough of the uncertainty. I will be looking at two options: Buying a whole house NG generator that has nominal output of 18KW or buying a portable with nearly the same output and then go with the tri-fuel conversion. If I buy a unit with less power, then I have to go thru the extra work and expense of separating out circuits one by one. If I go with the whole house, I need an electrician to finish off the work. I can get away with doing it myself with the portable.

  42. seif says:

    phew…i am only philosophically retarded!

    Painhrtz – 42 says:
    November 8, 2012 at 4:38 pm
    joyce when your philosophically retarded it is hard not to.

  43. Anon E. Moose says:

    Hey seif [26];

    Go get your f^*/ing shine box.

  44. Comrade Nom Deplume says:

    I’m out. Grim, check your email.

  45. Comrade Nom Deplume says:

    momentarily back for this:

    “The president is likely to discuss looming tax increases and government spending cuts — the so-called fiscal cliff — that would go into effect early next year unless Congress acts to prevent them. He is due to make the statement from the East Room of the White House at 1:05 p.m.”

    So at 1:00, park yourselves in front of the telly. This is one presser that is must-see TV.

  46. Painhrtz - 42 says:

    Nom i did but have friends with children who have down’s syndrome who use it and have given me license. Would never use it in a light to reflect on someone with actual mental disabilities. Though with seif I may have to apply that rule.

    seif you did not need to point it out I have big boy britches and I stand by my statement.

  47. Happy Renter says:

    Still no power at my place. Good times. But most importantly, everyone is safe, and there was no real damage.

    Been checking the blog occasionally since the outage; even when everyone is bickering you guys give me a laugh.

    By the way, I sincerely hope JJ is OK. It would, however, only add to his mystique if he simply disappeared in the wake of Hurricane Sandy; perhaps he washed up somewhere in the tropics and has already been voted King for Life by the women of the island. Although JJ may no longer be with us, his legend will live forever.

  48. Comrade Nom Deplume's Pitch says:

    Santelli calling for a wealth tax as an alternative to income tax hikes.

    This is the 600 lb canary that I’ve been waiting on for awhile. When it gets traction, we will see interesting things.

  49. Comrade Nom Deplume's Pitch says:

    [48] pain,

    I’m not pc but it does conjure up emotional images. That’s why I dislike it.

    Back to being out

  50. Painhrtz - 42 says:

    Hey Clot want more proof we are a third world country now

    http://news.yahoo.com/sandy-inspires-first-doctors-without-borders-u-relief-034805890.html

    Greatest city in the world b!tches, ,complete with tinpot dictator at the top.

  51. xolepa says:

    Just got off the phone with my future daughter-in-law who works for the NOAA. She’s a meteorologist and was assigned the forecasting duties for parts of the Northeast for the past storm. She states that the feds did a study in the 1970′s of a hurricane model hitting NY/NJ area. Guess what they named the storm back then?

  52. Statler Waldorf says:

    How does land ownership work down at the shore? If you own a lot at specific longitude/latitude, and after a storm those coordinates are under 10 feet of water, do you still own the submerged lot, or did the lot cease to exist because it’s no longer “land”?

  53. Painhrtz - 42 says:

    X – Crystal? A storm named after a stripper with a heart of gold?

  54. Nomad says:

    Pain 21 –

    http://www.plugincars.com/volvo-unveils-plug-hybrid-diesel-v60-124-mpg-30-mile-battery-range-awd-0-60-69-sec-106840.html

    Also read somewhere MB was working on the same for the E series sedan with highway mileage nearing 70 mpg.

    While neither is affordable to the masses, you have to start somewhere. Tesla’s electric car platform is going into the RAV4 which too, is expensive but if any of these things ever hit large volume production, the cost / savings equation might make sense. Also tax on diesel fuel in US doesn’t help. VW TDI’s get good mileage but fuel costs offset efficiency.

    BTW – 1986 Toyota Camry got us nearly 44 mpg on highway. Reduce engine power, add CVT or 8 speed transmissions and that alone would make a big difference. If we all spend an additional 2 seconds going from 0 – 60 our lives would not change much.

  55. xolepa says:

    Sandy

  56. Essex says:

    36. I suppose that if you ask Harry Chapin he would tell you the original rabbit was a deathtrap. He died on the L.I.E in one.

  57. xolepa says:

    Sorry, DIL corrected the year. It was 1997

  58. 3B Buying says:

    #50 Wealth Tax?

  59. Painhrtz - 42 says:

    3b yes if you have any money it is wealth and it is subject to be taxed. Also don’t leave any clever pennies on your eyes.

    Essex -

    Ode to Harry

    Harry got in his car and turned the key
    Started up and headed down the LIE
    To cheap on a real car he had a volswagen rabbit
    and that put an end to Harry’s cheap habit.
    the trucker couldn’t stop
    So the drver took aim
    And when he Harry, Harry burst into flames
    your dead now Harry
    You can’t come back
    Still be alive if you drove a Cadillac

  60. Libtard in the City says:

    Grim…my Civic still gets 40 MPG so I am pretty damn green I guess. The problem no one really mentioned on the hybrids is the eventual disposal of the spent batteries (not to mention the cost of replacement which some people I know were required to do after just 4 years). And yes, the car is very low to the ground (less wind resistance), weighs nothing (already mentioned) and has 13″ wheels (less friction). People want to drive tanks. That is the problem today.

    I think those willing to spend 10 to 15K for the whole house generators are also making a foolish decision from a financial standpoint. There’s an excellent chance it will not even kick on once in its lifetime. And there will be required repairs and maintenance on it. Hell, there have only been gas station lines twice in the last 100 years. Spend $300, buy a decent gas generator and some thick gauge extension cords and just start that sucker once a month and change the oil once a year or every 40 hours of use. In my opinion, 10 to 15k is way too much to spend for a convenience that will likely not be needed. If you got money to burn, I understand it though.

    As for Re50.5, I’m not sure who it is, but his misspellings of words like damn it should be a giveaway. He/she’s is about as entertaining as Donald Trump.

    I am sure JJ is OK.

    Fema just came by. No government cheese for me. They have the same policies as my insurance company. If the tree did not damage or impede the ability to get into the home, then they will not pay for its removal. I should have gone out and bought a chainsaw though. They would have paid for that. They also would have paid for the extra pumps I purchased if they were purchased after the start of the storm. I said, “There wouldn’t have been any left at that point!” The FEMA lady agreed. Nice gal from Texas. She asked for a how things work when it came to the steam furnace too.

    Back to the salt mines as Shore used to say.

  61. Painhrtz - 42 says:

    wow butchered those, just Look up the lyrics M.O.D. local boys, couple from anthrax, kid I went to school with played with them for a while and the corpulent Billy Milano

  62. seif says:

    Taibbi’s latest…have to agree…I am all for the fiscal responsibility and self-reliance message…but that part is just a pimple on the ass of the rest of their message:

    “Similarly, the fact that so many Republicans this week think that all Hispanics care about is amnesty, all women want is abortions (and lots of them) and all teenagers want is to sit on their couches and smoke tons of weed legally, that tells you everything you need to know about the hopeless, anachronistic cluelessness of the modern Republican Party. A lot of these people, believe it or not, would respond positively, or at least with genuine curiosity, to the traditional conservative message of self-reliance and fiscal responsibility.

    But modern Republicans will never be able to spread that message effectively, because they have so much of their own collective identity wrapped up in the belief that they’re surrounded by free-loading, job-averse parasites who not only want to smoke weed and have recreational abortions all day long, but want hardworking white Christians like them to pay the tab. Their whole belief system, which is really an endless effort at congratulating themselves for how hard they work compared to everyone else (by the way, the average “illegal,” as Rush calls them, does more real work in 24 hours than people like Rush and me do in a year), is inherently insulting to everyone outside the tent – and you can’t win votes when you’re calling people lazy, stoned moochers.

    It’s hard to say whether it’s good or bad that the Rushes of the world are too clueless to realize that it’s their attitude, not their policies, that is screwing them most with minority voters. If they were self-aware at all, Mitt Romney would probably be president right now. So I guess we should be grateful that the light doesn’t look like it will ever go on. But wow, is their angst tough to listen to.”

    Read more: http://www.rollingstone.com/politics/blogs/taibblog/hey-rush-limbaugh-starting-an-abortion-industry-wont-win-you-female-voters-20121108#ixzz2BkP3yTla

  63. Libtard working from home says:

    X,

    Someone pointed out that original “Sandy” study about 3 weeks ago on the weather forums when Sandy was still bothering Haiti.

    The craziest thing about this storm was how every single model (and there are like 15 of them) were in agreement of a NJ direct hit over a week before landfall. This was made even more incredulous due to the fact that such a storm path was unprecedented so model agreement would have been even less likely with no historical data for each model to work from. My guess is that all of the different programmers probably coded their individual models to put the path of any unusual storm as a hit to NJ.

  64. freedy says:

    At what point are we declared Third World?

  65. Essex says:

    67. If the gas lines and other conditions lasted more than a month i think you would have a case.

  66. Happy Renter says:

    [65] “A lot of these people, believe it or not, would respond positively, or at least with genuine curiosity, to the traditional conservative message of self-reliance and fiscal responsibility.”

    The fact that you view as a good thing the possibility that the Lumpen would respond with “genuine curiosity” to self-reliance and fiscal responsibility shows you just how bad things have become.

  67. Happy Renter says:

    [68] “If the gas lines and other conditions lasted more than a month i think you would have a case.”

    OK good. Since we are only 2 weeks out, we’re still a First-and-a-half World Country then. I feel better. ;-)

  68. Essex says:

    62./ 64. The second Anthrax reference i have seen in under 5 minutes. Sorry. Just thinking out loud. Really nice tune there.

  69. Essex says:

    I got my first full tank of gas in 3 weeks today. Feel like I am JJ rich!

  70. seif says:

    69 – excellent way to take it out f context! well done!

  71. Libtard working from home says:

    I love it when Liberals give Rush more exposure. It’s such a shame that Air America (or whatever that liberal talk network was called) was about as popular as my flatulence.

  72. Painhrtz - 42 says:

    Lib when Al Franken is your top host well after syaing that I don’t have to say much else.

    Essex always loved Anthrax more than Metallica. Had every thing up until stomp 442. also had soldiesers of metal and fistful of metal on vinyl with Neil Turbin before Joey B.

  73. The Original NJ ExPat says:

    [59] Essex – What is the modern safety standard for withstanding a collision from the rear by an 18 wheeler when you suddenly reduce your speed from 65 mph to 15 mph while simultaneously moving to the center lane of the LIE?

    36. I suppose that if you ask Harry Chapin he would tell you the original rabbit was a deathtrap. He died on the L.I.E in one.

  74. The Original NJ ExPat says:

    Obama’s softening. He doesn’t want the rich to pay their fair share any more. Instead he just wants them to pay “a little bit more.”

  75. prtraders says:

    I spoke to someone yesterday for whom I have knowledge of their tax return. Person proclaimed that they wouldn’t mind an increase in taxes to help the country /pay down national debt/fund government support of those less fortunate. Same person doesn’t pick up 40k cash income for taxes! Duh. Honestly closing the tax gap would be huge to solving fiscal problems on all levels.

  76. Comrade Nom Deplume's Pitch says:

    [65] seif,

    You should read the posts from the left side of my facebook friends list.

    If they are to be believed, then the conservative belief set out in your third paragraph is well-supported.

  77. Comrade Nom Deplume's Pitch says:

    Boy, those two pressers were downers. And Obama needs a cheering section still? I’m not hopeful.

  78. Neanderthal Economist says:

    Grim. Natural disasters and weather related emergencies are already written into the 2% cap legislation as exceptions along with pensions costs healthcare costs and debt service.

    “Prediction time, Christie either waives property tax caps this year, or wholesale approves any town looking for an increase based on storm-related costs. Get your checkbooks out, I’ll make a second prediction that the average tax increase is 7%.”

  79. seif says:

    which? this:

    “It’s hard to say whether it’s good or bad that the Rushes of the world are too clueless to realize that it’s their attitude, not their policies, that is screwing them most with minority voters. If they were self-aware at all, Mitt Romney would probably be president right now. So I guess we should be grateful that the light doesn’t look like it will ever go on. But wow, is their angst tough to listen to.”

  80. Essex says:

    76. I dunno. I’d never want someone that cared about in anything less than a Sherman Tank on the highway.

  81. Anon E. Moose says:

    Pain [75];

    Air America

    Don’t forget the ravishing and witty Janeane Garofalo.

    But fear not! They’re carrying on the good fight at Al Gore’s Current TV Network. “Current” in the sense that it is currently up for sale at a sweetheart price floating somewhere about the book value of its used office furniture. Since we were just speaking of insufferable, if only they could lure Olby back, they’ll shoot the moon!

  82. Waiting in Rent says:

    67 freddy
    “At what point are we declared Third World?”

    When Doctor’s Without Borders sets up camp.
    Wait they just did in the Rockaways.

  83. relo says:

    75: Pain,

    Roommate in college was Billy’s buddy.

    Anthrax is still touring locally. Check out their latest if you haven’t. My 15 yr old is into that stuff so gives me an excuse to still drag myself into (and quickly back out of) the pit.

  84. Essex says:

    84. On a similar note Forbes Magazine has stopped paying rent three months ago on one of their large NY office bldgs.

  85. Anon E. Moose says:

    Seif [65];

    Taibbi is a fool (to be polite). Most recently as it relates to real estate was his cheerleading for deadbeats in 2010, his schadenfreude at the foreclosure settlement deal when he thought it would ‘stick it to The Man [banks]‘; to his realization that he (among others) were had.

    You want to dispel the reputation that the left only cares about smoking dope — stop making it your political priority while the economy goes in the sh!tter.

    You want to dispel the reputation of a dependent class that only wants someone else to pay the bill, come up with a tax proposal besides “Eat the rich!”

  86. Libtard working from home says:

    “At what point are we declared Third World?”

    Have you been to the port authority on the evening commute.

  87. seif says:

    grim – 78 unmod?

  88. Painhrtz - 42 says:

    relo apparently Billy dropped off the planet in Austin. Have friend who followed them religously because he knew Tim M pretty well. So when I run into him he gives me updates. not that I care but it is funny to see somone in their 40s be that into a band from their youth. I still listen but am too busy to care what the NY hardcore seen goings on are.

    heard some of the new Anthrax stuff on XM Joey’s voice is shot. Can’t get into the pit anymore because there is no etiquette. Used to be someone fell down, they got picked up. After all the frat boys got into Metallica it turned into stomp the person within an inch of their lives.

  89. relo says:

    92:

    Oh, the irony.

    No rednecks, no jocks, no macho bullshit attitudes
    United forces can’t be stopped

    Used to be someone fell down, they got picked up. After all the frat boys got into Metallica it turned into stomp the person within an inch of their lives.

  90. schabadoo says:

    You want to dispel the reputation that the left only cares about smoking dope — stop making it your political priority while the economy goes in the sh!tter.

    It’s a shame there are no more libertarians in this country…

  91. HouseWhineWine says:

    Can you honestly say that most Democrats are lazy and that most Republicans work harder than Democrats? No, of course not. It’s all nonsense. I scoff at the thought that it’s just Dems who accept welfare and unemployment benefits and food stamps, etc, etc. etc.
    Go ahead and keep singing the same tune and see if you ever get the youth vote, the women’s vote, the hispanic vote for presidency. Really, it’s getting very tiresome.

  92. Juice Box says:

    Work Day 10 no JJ….

  93. The Original NJ ExPat says:

    I imagine JJ will turn up anew in some other place. He was already repeating his stories. I have a Google alert set for “crush valor”.

  94. Painhrtz - 42 says:

    expat dont forget dented hood on my mercedes

  95. freedy says:

    “At what point are we declared Third World?”

    Have you been to the port authority on the evening commute.

    Hands down best quote of the day

  96. Painhrtz - 42 says:

    Essex your good. Picking up on a veiled really obscure SOD reference I bow to you sir.

  97. grim says:

    SOD – F*ck the Middle East – Always a relevant discourse on foreign policy

  98. freedy says:

    Breaking news : Petraeus throws in the towel at the CIA

  99. scribe says:

    3B

    101 is Pat

  100. freedy says:

    CIA Director David Petraeus resigns because of extramarital affair
    Updated 12:03 p.m., Friday, November 9, 2012

    The fall guy ,he can’t testify

    \\\\\\\

  101. seif says:

    106 – conspiracy, obviously.

  102. Ragnar says:

    Only tax the rich a little bit more? What’s another 3 or 4% when you’re already paying over 40% overall.

    I could tell you about a fellow who had a pig with a wooden leg. A man saw this and said, “What’s with the wooden leg on the pig?” And the fellow answered, “This is the most remarkable pig in the world. I was plowing one day, the plow tipped, and I was trapped under the tractor. This pig rooted the earth away and got me out and saved my life.” The other fellow said, “Yes, but what about the wooden leg?” The man said, “This pig, let me tell you—one night my wife and I were asleep and a coal from the fireplace fell out on the floor and set the house on fire. This pig came in, woke us up, rescued us, got us out and saved our lives.” The other fellow said, “Yes, but what about the wooden leg?”

    “Well,” the farmer said, “you can’t eat a remarkable pig like this all at once.”
    From Ronald Reagan, as told to People Magazine.

  103. Painhrtz - 42 says:

    Grim

    The Meatmen – A truly tasteless punk band

    http://www.youtube.com/watch?v=_aELdWQRngQ

  104. relo says:

    97: To wit,

    Kennedy compound weddings, Hamptons, no mortgage, Swedish models, apartment with hallway parties, Pagan chicks, supreme market timing friends, Monday morning QB market calls, accidental college athlete who hates sports, Jets tickets, convertible Mercedes, narrow escapes from prospective fiancées, grieving taxes, high fences, above ground pool w/ noisy filter, “buy high” blue collar neighbors, $250k new neighbors, murderous acquaintances, NJ envy, almost noteworthy name dropping, corner office, water view. Last one may have done him in. Hope not.

  105. seif says:

    gotta laugh…

    liberal, peace-loving hippie into……….Phish, Grateful Dead
    angry, disillusioned , white (?) guys………..Anthrax, Metallica

    just like our stereotypes would want us

  106. seif says:

    110 – wow…is JJ dead?

  107. chicagofinance says:

    SHH!

    scribe says:
    November 9, 2012 at 3:16 pm
    3B
    101 is Pat

  108. chicagofinance says:

    I was always fond of One Down Three To Go….which was about The Beatles…..I think they updates the lyrics and recent concerts to Two Down Two To Go.

    Painhrtz – 42 says:
    November 9, 2012 at 3:26 pm
    Grim
    The Meatmen – A truly tasteless punk band

    http://www.youtube.com/watch?v=_gtoDxXV4Zs

  109. chicagofinance says:

    updates = updated

  110. nwnj says:

    My guess with JJ is that he received a saltwater enema and has been without power/transit since, so he’s bunkered out at home. Too cheap to find a hotel.

  111. Painhrtz - 42 says:

    Chi i had heard that. Irony of it all is I love the beatles but still find some of the old punk stuff I listened to hysterical.

    Seif – Why is people who listen to jam bands think that all of us who listen metal or punk are angry? I’m sorry would prefer Leper Messiah over Bouncing Around the Room any day. At least some of the music made you think even if I did not always agree with the politics, Hi Black Flag.

  112. Essex says:

    Whoa this thread has turned a bit today. You folks may be way cooler than I initially imagined….who knew?

  113. Essex says:

    Love Metallica early stuff. Saw them play their Black Album this year at the Orion Fest. It was very, very good.

  114. Fabius Maximus says:

    #19 grim

    The Prius wins. New prius vs civic breaks down a few ways. The two big things thrown out are the amount of gas used to make it and the amount of Nickel in the Battery. As the battery is almost 100% recyclable, the Ni can be recovered and put into new batteries.
    Now there is a lot of dispute on how much gas it takes to make a prius. On the high end of the estimates is 1000 gallons. Now if the Prius is running 45 mpg and the Civic 33mpg and Stu and I are running 15,000 miles a year on our commutes. I will make up the 1000 in 8 years (120,ooo miles). At that point the Prius is still going strong and amy need a set of brake pads. My set is abut half thickness at 85K. I suspect that the Civic in the same stretchj will have had either an engine rebuild, transmission rebuild or probably both. I’m being very generous with the numbers as I can get my Prius into the mid 50′s with little effort. I can also add a second battery for about $2K that would push me to the high 70′s.
    Stus Civiv is an exception. What percentage of that years model are still on he road and how many in the breakers yard.

    Chi, if it was all down to distinctive looks, the Honda Insight would have won years ago.
    http://www.altfuels.org/events/autoshow/anheim99.html

  115. Fabius Maximus says:

    Heading off to a funeral wake in Queens, I’m bringing gas.
    It feels a bit weird.

  116. Ragnar says:

    Even though the politics are hard left, I kind of liked the anger of The Dead Kennedys’ “Plastic Surgery Disasters” and “Frankenchrist” albums, when I was younger.

  117. Essex says:

    108. Are you trying to build a mythology here? Because you may be onto something. If JJ does not reappear than we have just lost one of the great minds of this century.

  118. Essex says:

    119. Perhaps the new trend at say weddings and funerals will be to leave a 5 gallon tank. Very MAD MAX.

  119. Essex says:

    106. Unless you are a job creator living from Investments. Then you pay 9%. Or if you manage a hedge fund….again…..sucks to be a working stiff.

  120. seif says:

    i made that comment based on your persona here…ie. gov’t sux, people who take handouts suck, everyone is a liar, cheater, thief, etc.

    i was being lighthearted and poking fun at both of us, no offense meant. i am all for music of any kind*…could never express here how much music means to me and many of you, i am sure…to each his own.

    read recently about a country that outlawed music and (destroyed) instruments, a la Rush’s 2112. can’t remember any more details, though.

    *neo nazi hate rock…maybe not

  121. Essex says:

    93. I once wore loafers (don’t ask) to a big festival was about 10 feet from the stage in a foot of mud following a tiny little chick into the pit. The music starts and the mosh begins like a stormy sea. One of my loafer comes off my foot and lo and behold four guys pass it hand to hand up to me. Funniest moment ever at a show. Soundgarden was the band.

  122. relo says:

    109: Seif,

    Rarely angry. Not disillusioned, maybe disappointed.

    119: Essex,

    Sorry to hear.

  123. seif says:

    117 – good knowledge with Bouncin’….although that is the Phish tune “that everybody’s girlfriend likes”

  124. Essex says:

    Caught a very good version of Bad Religion this past year in NYC. Man they sounded amazing. The lead singer Greg Graffin has a PhD in some obscure discipline and lectures at UCLA — he also wrote a book on Evolution. Completely badass band that some people for some reason like to hate on. Me, I dig the So. Cal. Punk thing. Often think that I should have moved out there after college.

  125. seif says:

    130 – isn’t there a Bad Religion tune that Sublime covered? do you know the name?

  126. Ragnar says:

    Starting 2014 the most pious will need to buy BMW’s new i3 car. Electric cars made of carbon fiber, whose fibers were made with hydroelectric energy. I met with their chief engineer for this project and they say it will be a new industry best for CO2 total impact, including manufacturing, and quality/performance. No word on the price yet but it will surely cost more than a Prius. However they want it to sell at least in the tens of thousands, not just token cars. They want to cash in on wealthier “eco conscious” people. I’m still worried it could flop. I asked what they learned from the Chevy Volt, no answer, just said this was a completely different situation.
    Would any of you buy a BMW i3 for over $40k? I can’t imagine paying that much for something that looks so much like an econobox.

  127. Painhrtz - 42 says:

    Seif we are only going to die. Also could have picked run, run, run but thought it a little to obscure. Wife listens to phish, I wear headphones when she does. Only tune I ever liked was twist, mainly for the structure. I loved tunes with mixed time.

    Essex love BR, Graffin is another bleeding heart lib.

    Also like some of the newer stuff coming out. Rise Against has been on Ipod rotation. funny for someone who is very libertarian I like a lot of left leaning punk bands.

  128. Ragnar says:

    SX,
    I’m talking about the $250k to $1mn income per year crowd. Those are the ones the president is likely to target. The superrich pay good political money to maintain their low tax rates on investments. (Though those this still represents double taxation). A working man like me gets his peak earnings years sliced in half by taxes.

    Taxes are really just the symptom though. It’s spending that’s the fundamental problem. The current setup isn’t about emergency insurance for the poor. It’s a full time wealth transfer and lifestyle maintenance system via political pull, coupled with a push to get government to run, inefficiently, routine services better run by private industry.

  129. Anon E. Moose says:

    Essex [123];

    Unless you are a job creator living from Investments. Then you pay 9%. Or if you manage a hedge fund….again…..sucks to be a working stiff.

    9%; 5%, 3% — like the tall tales and campfire ghost stories of the left, every time you talk about how little the ‘rich’ pay in taxes, the number will go down to increase the bogeyman.

    The inescapable fact is that its easier to tax labor (incomes), because it is captive. Capital can be moved anywhere around the globe. So where capital taxes have a practical limit before it takes flight, that limit is higher for incomes because the transaction cost of avoidance is much higher (pick up and move to Singapore, if you can find work there).

    Of course, if the overall tax burden were lower (i.e., government wasn’t spending 25% of GDP with upward projections as far as the eye can see), maybe then the tax rate on labor can come down to level with capital gains.

    Why does the left’s solution to a rate inequity invariably require raising the lower tax rate up to the higher tax rate?

  130. joyce says:

    Moose,

    Why don’t we talk about not taxing incomes at all?

  131. The Original NJ ExPat says:

    [62]Pain – You might get a kick out of this. I saw your post and this was my thought process:

    1. Lyrics must go to Harry Chapin’s Taxi. Nope.
    2. Oh, I know, Bobby Gentry’s Ode to Billy Joe. Nope, that’s not even the tune I was thinking of, I was thinking of Janis Joplin…
    3. Me and Bobby McGee

    It’s amazing how good your lyrics go with that tune (I never heard of M.O.D. , didn’t find that until I read your later post).

    Take a listen to this while reading they lyrics you wrote/attempted to transcribe:

    http://www.youtube.com/watch?v=WXV_QjenbDw

    Ode to Harry

    Harry got in his car and turned the key
    Started up and headed down the LIE
    To cheap on a real car he had a volswagen rabbit
    and that put an end to Harry’s cheap habit.
    the trucker couldn’t stop
    So the drver took aim
    And when he Harry, Harry burst into flames
    your dead now Harry
    You can’t come back
    Still be alive if you drove a Cadillac

  132. The Original NJ ExPat says:

    [136] Just need a chorus, now.

  133. freedy says:

    Restaurants struggle to help employees

    Code words for: Their all illegals and we don’t have the fake paperwork yet .,,, However, no problem we’ll get them housing,food,health care ,cash all on the house

  134. freedy says:

    Thanks to the electoral drubbing Republicans took from Latino voters on Tuesday, it’s looking increasingly likely Congress might actually tackle comprehensive immigration reform some time this year. House Speaker John Boehner suddenly likes the idea. Even Fox News’ Sean Hannity is a convert.

    That’s delightful news for any number of reasons. If it happens, millions of hard working people will be able to step out of America’s legal shadows. But almost as importantly, it might just give the U.S. economy a trillion-dollar shot in the arm, as explained in a report published by the left-leaning Center for American Progress in 2010.

  135. Painhrtz - 42 says:

    Expat know them by heart just started typing didn’t proofread.

    That is a pretty funny coincidence it lines up with that tune

  136. Statler Waldorf says:

    CIA Director David Petraeus has just resigned, effective immediately, claiming it was over an “affair.”

    Petraeus was slated to testify before Congress next week on the Sept 11th attack/murder of Ambassador Chris Stevens. Since Petraeus’ resignation is effective immediately, he will not testify to Congress.

    Election over, key witness will not testify; very neat and clean.

  137. Ragnar says:

    Not a single open house in my town this weekend, I wonder why? I see a nice house up the hill is back on the market. Unrealistic price, looks like they’re trolling again, perhaps for temporarily homeless multi-millionaires?
    http://www.trulia.com/property/26461196-1950-Mountain-Top-Rd-Bridgewater-NJ-08807
    I don’t think reality still matches these photos, with so many trees down.

  138. Jill says:

    Pain #75: You obviously never listened to Morning Sedition with Marc Maron and Mark Riley. Funny, funny stuff. Equal opportunity pokers of fun. From “George W. Bush’s Palm Pilot” to “Liberal Marching Orders from the Streisand Compound” to Sammy the Stem Cell, this was the greatest funny radio since Jean Shepherd. Comedy bits live on at Morning Seditionists. Maron now hosts WTF, one of the most popular podcasts around. He also has a sitcom based on his own strange career trajectory since the end of Air America coming to IFT next year.

  139. Libtard at home says:

    We haven’t done this in a while. Let’s see who can channel JJ the best by coming up with what we would think his first post Sandy post will look like.

    I’d go first, but I have to go out to eat.

  140. relo says:

    141: Next stop: consulting gig.

  141. freedy says:

    How to Maximize Your Insurance Recovery for Property Damage, Business Interruption, and Supply Chain… http://bit.ly/Z0gcRe | by

  142. freedy says:

    Paula Broadwell’s book on Petraeus is titled “All In”?!?!?! Can we make a “that’s what she said” joke?!

  143. freedy says:

    Go read the front page of her bio. She was “embedded” and had “special access” to the General…

  144. McDullard says:

    freedy #146… not even close. When you get to no standing room, people standing on the steps, no air conditioning, doors open, and five people sitting in a seat meant for three… We start talking. But, somehow things go on in Indian trains OK.

  145. Ernest Money says:

    lib (144)-

    Here’s my quick jj channel:

    So the house takes on 8 ft of water during the storm, so me and my pal get in his dingy, but we got no compass, no idea of direction. Pretty soon, we figure out we’re on Queens Blvd and there’s this skeezy bar that is barely above the water line so me and my pal tie the dingy to a parking meter and go in. So when we get in, the only people in there are either hookers, carjackers, tweakers or college girls out of class for the weather. My pal makes a beeline for the hookers, but me I’m class all the way so I start working the old routine on the college girls. Well I’m a little out of practice, but old habits die hard so pretty soon I’m inviting the girls out to check my dingy which to them sounds like I want them to come out for a fast rub/tug- hey nothing wrong with that- so this one girl says sure I want to see your dingy so I take her out to the dingy then pretty soon we’re parallel in the dingy trying to get some traction if you know what I mean. Then, the dingy gets untied from the parking meter and were floating down Queens Blvd in a compromising position, but I don’t care I just take each of the girl’s high heels and jam ‘em in the holes where you’d put the paddle handles and we kept playing rub a dub dub boy in the tub until I looked over the side and saw we were in the East River. So at this point I’m figuring I better get this situation under control so I use my mental powers to get us over to the other side of the river, then we got out of the dingy and went for drinks at the Water Club.

  146. NJCoast says:

    P.O.W.E.R!!!!!!!!

  147. grim says:

    Cmon, I’m the last one without power?!?!

  148. pete says:

    Statler, obviously its a conspriacy theroy. I mean, what other possible rational explanation can be given.

  149. Libtard at home says:

    Nice Clot.

  150. Juice Box says:

    Grim – JJ has yet to report in on power.

  151. Comrade Nom Deplume's Pitch says:

    [154] money,

    Nice try. Not enough typos.

  152. Mikewaited says:

    Nom 160 Give the guy a chance , first stab at the JJ post! LOL

  153. joyce says:

    160

    That was funny!

  154. NJGator says:

    Charges mulled against Sussex undersheriff who had county-owned generator

    SUSSEX COUNTY — An investigation is underway to determine if criminal charges will be brought against a former Sussex County sheriff’s officer who was caught with a county-owned generator that he planned to use to power his house, a county prosecutor said Thursday.

    “We view this matter as very serious. It’s a very serious thing,” said First Assistant Prosecutor Gregory Mueller.

    Former Undersheriff George DeOld lost power at his home on Hibler Road in Green Township during Hurricane Sandy, and had another sheriff’s officer deliver of one of two emergency generators owned by the sheriff’s office to his home on Friday morning.

    A resident noticed the generator being delivered, reported it and sheriff’s officers recovered it from DeOld’s home a short time later.

    DeOld apologized and resigned from his $97,000-a-year post on Tuesday.

    While acknowledging the seriousness of the case, Mueller said there were several factors that may sway investigators against bringing charges against the 64-year-old DeOld:

    • He never used the generator and it was in his possession for only an hour before it was recovered by sheriff’s officers;

    • The generator was not being used at the time and since it was purchased with SWAP fees it could only be used for the SWAP program;

    • Prior to have it delivered to his home, DeOld checked with fellow officers to make sure the generator wasn’t going to be used.

    Mueller also noted DeOld, who could face official misconduct and/or theft charges, has already lost his job due to the matter.

    “His horribly poor decision to bring a county-owned generator onto his property cost him $97,000. That’s not an insignificant hit,” he said.

    DeOld could not be reached for comment.

    http://www.nj.com/sussex-county/index.ssf/2012/11/authorities_mulling_charges_against_sussex_undersheriff_who_had_possession_of_county-owned_generator.html#incart_m-rpt-1

  155. Buying Hunt says:

    Just got power back in I-district of Aberdeen after 11 days. The snow storm took down 4 power poles at 10 PM the night of the storm; that got the attention of the work crews and we luckily got power back as a result. They had not started working in this area at all prior to those poles going down, even though there are at least 100-200 houses in this district with no power.

  156. Juice Box says:

    Shark Tank tonight has a guy pitching a new web site REVESTOR.COM

  157. joyce says:

    (163)
    Only in his possession for an hour, huh? I guess if I steal something and return it, or kidnap someone and let them go after only an hour… that makes it OK.

    Not being used at the time, huh? That porsche wasn’t being used so I took it for a brief joy-ride, fair?

    Already lost his job, huh? I guess if I commit a crime and then resign from my job, they’ll drop the charges?

    Geez, the rule of law and hence our communities have no hope anymore. (and this is of course just a blip, a microcosm of the real problems)

    • He never used the generator and it was in his possession for only an hour before it was recovered by sheriff’s officers;

    • Prior to have it delivered to his home, DeOld checked with fellow officers to make sure the generator wasn’t going to be used.

    Mueller also noted DeOld, who could face official misconduct and/or theft charges, has already lost his job due to the matter.

  158. joyce says:

    Oh, and does he get a pension & medical for life still?

  159. Painhrtz - 42 says:

    Grim don’t worry it will be back on Sunday fat man said so

  160. Ernest Money says:

    plume (160)-

    Hey, I misspelled dinghy at least 8 times.

  161. Ernest Money says:

    Easy to write like jj. Just think with your dick.

    Women are at a natural disadvantage here.

  162. Ernest Money says:

    Then again, I couldn’t have written The V@gina Monologues in a century worth of Sundays.

  163. Ernest Money says:

    How the f*^k does an undersheriff in Sphincter, NJ knock down 97K?

  164. Ernest Money says:

    If I could be an undersheriff in Sussex Co and be able to get to Mohawk Mountain House, Krogh’s and Hot Dog Johnny’s anytime I wanted, I’d take that job for 60K.

    I could also hit Port Jervis on the days when I really needed to blow off steam.

  165. Ragnar says:

    Ernest,
    The high heels in the oar holes was the classic JJ touch. Thanks

  166. Juice Box says:

    re: under-sheriff and the generator

    I heard a first hand account of government gasoline being doled out to civilians at the say so of superiors in gov so no surprise here.I gather somebody has to fall on the sword. The “process” will be several layers of reviews and eventually a Judge will rule he get’s his benefits which would prob cost the taxpayer a few hundred grad in lawyer fees. I say let it go it will be cheaper.

  167. Juice Box says:

    JJ said he was 7 miles from the beach in his a POS cape and he wanted a place in Long Beach. His house is prob standing in Lynbrook or Baldwin area etc. He is fine just no power and his beer belly now requires a visit to the tailor.

    http://stormcenter.lipower.org/report.html

  168. The Original NJ ExPat says:

    [160] Nice job Clot! That gave me an idea. Maybe on weekdays we can have a rotation of “JJ for the day”. Whoever steps up and posts first with the handle “JJ for the day” has to post all day as if they were JJ and then reveal their true identity at 4PM. As everyone would like to get in on the fun, you can only be “JJ for the day” once every two weeks.

  169. The Original NJ ExPat says:

    [177] And since JJ only posts from work, nobody can step up as “JJ for the day” until 9AM.

  170. Outofstater says:

    Another group of Atlanta Red Cross volunteers headed to Jersey yesterday and today. First group has nearly completed their two weeks and are rotating home.

  171. Ernest Money says:

    I think “jj for a day” is a good enough idea for a blog of its own.

  172. Ernest Money says:

    Somebody should also do an Oxford English Dictionary of jj sayings.

  173. The Original NJ ExPat says:

    To celebrate the election of yet another Kennedy, here is the original “crush valor” story by JJ:

    John says:
    May 21, 2008 at 1:56 pm
    Re 168, actually I had a good story to tell today. Since Edward Kennedy is not feeling well I will tell you my Ed Kennedy story, once my dad drove Edward and his wife Joan along with another couple related to the Kennedy’s to the US Open which at the time was in Forest Hills, they were drinking up a storm. After the game they came out with a few swiped bottles of Champange and a couple of glass totally bombed out of their mind. Edward inisisted my Dad take him to this new place on Queens Blvd called Kentucky Fried Chicken which my dad never heard of. Kennedy says it is great and he will buy an extra bucket for my father to take home to his kids. So Dad gets a few buckets of chicken and heads out down Queens Blvd to the 59th street bridge. Well by the time he hit the Bridge Edward had a visit from his Uncle Ralph and starts throwing up in the Limo chicken and all kinds of crap. The doorman unloads the Kennedy’s from, the limo and my Dad wakes me and my brother up at around midnight that night to tell us good news and bad news. Well the good news was that was the best chicken I ever ate in my life the bad news was being out in the driveway cleaning up throwup. The damm limos back them had Crush Valor seats in the back and Crush Valor Jump Seats and thick rugs it took all day to get that nasty vomit out and then day two for the seats and rugs to dry. My dad was pissed he lost two days pay and swore to never drive a Kennedy the rest of his life. I see have two Champange glass in my china cabinet that Joan and Edward drank out of that night and this weekend I plan on giving Edward Kennedy a toast!

  174. Ernest Money says:

    expat (183)-

    Thanks. You just can’t improve on the classics.

  175. Ernest Money says:

    It’s like Dickens, Roth and Penthouse Forum all rolled into one.

  176. Comrade Nom Deplume says:

    I think the generator stories will prove to be tip if the iceberg stuff. From having the town plow your driveway on up, this sort of thing was always viewed as a perk of municipal employment. Being a cop brat, I saw it for decades, and benefited from it regularly. I would not be surprised if there isn’t a flood of similar stories. We’ve already seen some high profile firings. There will be more.

  177. seif says:

    gawdamn left-wing blogs! can you believe this???!!!

    the way left leaning RED STATE (oh…wait…it is far right!) is saying that conservative media and consultants lied and scammed the right wing and the romney campaign!!!!!! damn communists!!!

    http://www.redstate.com/2012/11/09/campaign-sources-the-romney-campaign-was-a-consultant-con-job/

  178. Fabius Maximus says:

    I feel like a career change. I would love to get in on this. I could so take it to the next level.

    http://swampland.time.com/2012/11/07/inside-the-secret-world-of-quants-and-data-crunchers-who-helped-obama-win/print/

  179. Comrade Nom Deplume says:

    A couple of weeks ago, I commented about a highly secure and wooded compound near my house. Cannot tell what is in the compound but my curiousity was piqued when Google maps showed it to be Sirius XM Radio, Inc. So I searched and sure enough, Sirius shows up listed at that address. So much for an interesting family compound story. Instead, its a boring commercial property.

  180. cobbler back from the undisclosed location says:

    Any opinions on water-driven backup sump pumps? There seem to be of 2 varieties – the cheaper one installed next to the regular pump, and the more expensive which is put high up. Are they worth the money – and which one is better?

  181. The Original NJ ExPat says:

    [187] Well played, Money. You’re a Man of Letters.

    It’s like Dickens, Roth and Penthouse Forum all rolled into one.

  182. Happy Renter says:

    POWER BACK!

    F.I.N.A.L.L.Y.

  183. Hughesrep says:

    192

    I don’t know about the expensive ones, but the cheap ones are useless. They simply don’t keep up when you need them to.

    The cheap version has been around for at least fifteen years and never really taken off in the plumbing industry if that tells you anything. Basements have been flooding forever and those have never been widespread. They may be useful if your regular pump dies as a short term backup. In a storm or no power situation with lots of water coming in they are worthless.

  184. grim says:

    Got power!!

  185. NJCoast says:

    Yay Grim. Enjoy.

  186. cobbler says:

    Hughesrep [195]

    Thanks a lot for the honest opinion. I thought 1000 gph (the expensive one) should be OK, no?
    http://www.amazon.com/Basepump-HB1000-Water-Powered-Backup/dp/B000GE81W4/ref=sr_1_1?s=hi&ie=UTF8&qid=1352585830&sr=1-1&keywords=water+driven+sump+pump

  187. Hughesrep says:

    1000 GPH is 16 GPM. Most standard (1/3) HP pumps are right around 40 GPM. In a storm or flood situation does your single standard pump run almost continuosly?

    If you lose power these likely won’t keep up. It also uses 10 GPM of the water you are paying for to move that 16 GPM out of your basement. For peace of mind if your regular pump dies under normal use, this or a battery back up pump would fine. But they wouldn’t have kept your basement dry last week.

    Put the $359 towards a better generator.

  188. cobbler says:

    Thanks a lot!

  189. Comrade Nom Deplume says:

    Christie said everyone back by tonite. They hooked grim up last. The bastards.

  190. chicagofinance says:

    The End is Nigh (Canadian Union Fcuks NJ Edition):
    The Newark-based agency had 23 percent of its rail cars and 35 percent of its engines damaged or ruined by Atlantic superstorm Sandy, said Nancy Snyder, a spokeswoman. The agency hasn’t determined how many, if any, can be repaired, she said. New equipment won’t be a quick solution, as about 330 unionized production workers went on strike Nov. 1 at the Bombardier Inc. (BBD/B) factory in La Pocatiere, Quebec, that builds the shells for the agency’s cars.

    http://www.businessweek.com/news/2012-11-05/new-jersey-transit-s-damaged-rail-cars-won-t-be-easy-to-replace

  191. joyce says:

    Fabius,

    You mean like Baldwin?

    you, heard it before. Baa Baa

    (hat tip, Libtard)

  192. Comrade Nom Deplume says:

    [203] fabius,

    We’ll know over the next five years. Takes time to get Canadian permanent resident status and years for citizenship. And Canada is closing down some of its programs and raising requirements because of oversubscription. Seems that Canadian citizenship is in high demand. So the folks that are planning this move today who are serious will have a lot of competition and the successful ones won’t show up on a US report for a few years.

    The reports we get over the next year will only show those people who have been planning for some time.

  193. joyce says:

    Comrade,

    Does that mean all the expatriating from 2008-2012 was due to G.W.Bush?

    Baa Baa

  194. Comrade Nom Deplume says:

    [207] Joyce,

    Some I bet. When he signed the HEART Act, that started phones lighting up in lawyers offices.

    I do recall lots of liberals talking about Canada in 2000 and 2004. And I know some dual citizens and perm residents left due to PATRIOT act. So that notion isn’t without some truth I bet.

  195. Fabius Maximus says:

    #205 Joyce

    When I hear of people helping these tortured souls reach their Nirvana to get out of the US, I applaud them. I hold the strong view that not only should the likes of TX and LA be supported in their desire to secede, I think they should be actively encouraged.

  196. scribe says:

    Clot,

    You’re too literate to be a pretend JJ …need to work on the typos, and up your game on grossness :)

  197. Phoenix says:

    206 CND

  198. Phoenix says:

    206 CND
    Let me see if I understand correctly-American citizens want to run from a country with future socialized medicine to a country that has established socialized medicine.

  199. Mikewaited says:

    Phoenix 209 was scratching head as reading also, but at least they are polite!

  200. Mikewaited says:

    Grim congrads on your move from pre industrial revolution status to third world with power!

  201. Comrade Nom Deplume says:

    [209] phoenix,

    Would seem so. But from my perspective, that isn’t the motivation.

  202. Brian says:

    I looked at them, but went with the basement watchdog battery backup system instead. For long term power outages, the only solution is a generator.

    cobbler back from the undisclosed location says:
    November 10, 2012 at 1:08 pm
    Any opinions on water-driven backup sump pumps? There seem to be of 2 varieties – the cheaper one installed next to the regular pump, and the more expensive which is put high up. Are they worth the money – and which one is better?

  203. chicagofinance says:

    Mad Max Beyond Thunderdome:
    Queens gas-station owner spills on shortage and line lunacy
    http://www.nypost.com/p/news/local/acting_fuel_ish_upNsz07p0fcC18jLTwVcjK

  204. chicagofinance says:

    Mushnick: * Chris Elias, an NYPD specialist assigned to JFK Airport — he appears on NatGeo Channel’s excellent real-stuff show, “To Catch A Smuggler” — during a recent episode eyed a fellow suspected of being a drug mule from Central America. The suspect was wearing a Yankees cap.

    Elias: “I’d say that 90 percent of criminals caught in New York are wearing Yankee hats.”

    Speaking of the Yankees and law-breakers, the club is installing a sign for Robinson Cano, a few feet up the first base line, that reads, “No Loitering.”

  205. reinvestor101 says:

    I hate David Frum. Stinking RINO. I hate Joe Scarborough also. Another stinking RINO. There is no conservative entertainment complex:

    http://www.youtube.com/watch?v=VSizSNOkBAY

  206. Anon E. Moose says:

    Fab [206];

    I hold the strong view that not only should the likes of TX and LA be supported in their desire to secede, I think they should be actively encouraged.

    Interesting choice of states. I’m sure they’d be more than happy to as well. Then you and what’s left of this country can run your cars and trucks on wishes and green unicorn farts, or buy gas from those states you don’t seem to need at real European price levels. In fact, I’m sure they’d promise you a $1/ gas or so discount just cause they’re happy to be rid of you. Either way, its all good to them.

  207. Comrade Nom Deplume says:

    [215] chi fi

    ROFLMAO. You know I enjoyed that one.

  208. Comrade Nom Deplume says:

    [217]. Moose,

    Won’t happen but the pain would be distributed more or less equally.

  209. Comrade Nom Deplume says:

    [217] moose,

    Also, the residents of the new republic would still be subject to IRS jurisdiction because they would still be citizens. And the US wouldn’t recognize the secession so no normal expatriation.

    It’s only a clean break if enough people think like fabius. Then the new republic would be legitimized and the residents can renounce through one of the other available avenues.

    Fabius says let them go but it’s academic and easy to say. If the issue became real, I suspect far fewer liberal haters would agree to just let them leave with their state.

  210. Juice Box says:

    LIPKIN has agreed to forfeiture of $170 billion, including all of his real and personal property.

    http://www.nydailynews.com/new-york/irwin-lipkin-pleads-guilty-madoff-scheme-article-1.1199145

    Just how much money did this guy steal?

  211. Punch My Ticket says:

    Escaping to Canada because of the big bad Obama?

    Ah’m afeared of that there socialistic medicine. Higher taxes. Unions with too much power. Too many people not speaking English. Gubmint gonna grab guns. Ah’ll just to go to some place without all that sh!t.

    If those are your priorities/fears, how low does your IQ have to be to pick Canada?

  212. Ernest Money says:

    Methinks when you want to do a right-wing bugout, stick with the classics.

    Paraguay and Uruguay

  213. Fabius Maximus says:

    Need more popcorn

    Act 2 – The Mantis devours its mate
    http://www.washingtonpost.com/politics/karl-rove-and-his-super-pac-vow-to-press-on/2012/11/10/19ed28ea-2a96-11e2-b4e0-346287b7e56c_story.html
    Where until now it battled only in general elections and against Democrats, Crossroads is considering whether to start picking sides in Republican primaries. The idea would be to boost the candidate it deems most electable and avoid nominating the kind of flawed and extreme ones who cost the party what should otherwise have been easy Senate wins in Florida, Missouri and Indiana.
    That, however, could put Crossroads at odds with the tea party and other groups that devote their energies to promoting the most ideologically pure contenders.

  214. Comrade Nom Deplume says:

    J – E – T – S !

  215. chicagofinance says:

    PATH train service won’t be fully restored for Hoboken or Lower Manhattan for “several weeks,” Port Authority of New York and New Jersey officials said Sunday.

    The estimate was the first timetable Port Authority officials have given for full restoration of the PATH in the two weeks since superstorm Sandy caused widespread flooding and “significant damage” in tunnels and multiple stations, the agency said.

    PATH service was restored last week between Jersey City and Midtown Manhattan, and officials said Sunday that service would come back to Newark and Harrison, N.J., on Monday.

    But PATH service between Hoboken and Manhattan and from the World Trade Center to New Jersey is still several weeks away from restarting, officials said.

    Officials announced a new ferry service from the Hoboken Ferry Terminal to Pier 79 at West 39th Street in Manhattan. The ferry is set to begin Monday and will run from 6 a.m. to 10 a.m. and 4 p.m. to 8 p.m. on weekdays.

    In other transportation-related announcements on Sunday, the Gov. Hugh L. Carey Tunnel will be open on Monday for rush-hour bus service, the first time the tube will be used by auto traffic since it was flooded during Sandy, state officials said.

    The Long Island Rail Road will begin operating on a weekday schedule Monday on 10 of its 11 branches, as two East River tunnels flooded during Sandy have reopened, officials said.

  216. Juice Box says:

    # 234- yup still no Path or ferry to WTC.

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