Has Asbury finally made it?

From the NYT:

New Beach Destination on the Jersey Shore? Asbury Park

For nearly a century, the Baronet Theater in Asbury Park, N.J., was a popular venue for vaudeville theater and blockbuster films. Then it, like the city that was its home, fell into disrepair. Eventually its roof collapsed and it was demolished.

This summer, the salvaged marquee of the former theater is lit anew with the opening of the Asbury, a boutique hotel with a rooftop movie theater, complete with lawn chairs, a popcorn machine and a small bar, framed by a white picket fence and stunning Atlantic Ocean views.

The hotel offers the retro-meets-modern sensibility that now defines Asbury Park, which has once again become one of the mid-Atlantic’s top beach destinations.

Across this postage-stamp-size city are examples of the old and the new melding in a refreshingly creative way, pulling in families, professionals, young bar hoppers and a large gay population, all of them across income levels. This eclectic mix is a stark contrast to more stuffy (and staid) nearby beach towns, like Spring Lake.

“It’s Brooklyn on the beach,” said Jon Biondo, a local lawyer who runs a group called the Asbury Park Social Club, which hosts parties at venues including the Baronet Theater.

Part of Asbury Park’s appeal is that it is so easy to reach: It’s just over an hour from New York City or Philadelphia by car, and an easy ride on a New Jersey Transit train, which drops off day-trippers just a few blocks from the beach.

“It is everyone, and everything,” said Josh Melendez, 28, a bartender who works in Hell’s Kitchen in New York, but takes day trips to Asbury Park with his friends. “Straight, gay, families — you all kind of come together here.”

There is a sense of confidence in Asbury Park today, as locals and major national real-estate developers make increasingly large bets. IStar, the New York City-based real-estate company that owns all 35 acres of beachfront land in Asbury Park, and Madison Marquette, the real estate company in charge of leasing beachfront retail spaces, are planning to invest more than $1 billion in the city over the next decade.

But by far the biggest news in Asbury Park this year is the Asbury, designed by Anda Andrei, who in nearly three decades as the chief of design for Ian Schrager worked on such renowned hotels as the Delano in Miami, the Paramount in New York, the Mondrian in Los Angeles and the Public hotel in Chicago. The Asbury is one of her first projects since branching off on her own. It won’t be her last. She has been named creative director and lead designer for 10 projects planned or underway with the backing of iStar and its partners.

The revival slowly got underway about 15 years ago; New Yorkers built up a gay enclave as they bought rundown but still beautiful Victorian homes. The city still has its gritty parts — generally in areas at least five blocks from the beach — where some homes are boarded up and where crime is still a problem. But now the rebirth of Asbury Park is no longer in question.

The only question that does remain is how much of Asbury’s character will be retained as it becomes a summertime mecca again.

“It is my legacy and obligation to not ruin this town,” Jay Sugarman, chief executive of iStar, told Ms. Andrei when he hired her to take over design of their efforts there. “We are not going to turn this into a Disneyland.”

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94 Responses to Has Asbury finally made it?

  1. Mike says:

    Good Morning New Jersey

  2. grim says:

    Ok time to piss all over your morning.

  3. grim says:

    From the WSJ:

    Soaring Child-Care Costs Squeeze Families

    The fast-growing cost of raising children is putting extra pressure on family budgets, causing resentment to spill over in day-care parking lots and soccer fields and even into the 2016 election debate.

    Child care expenses alone have climbed nearly twice as fast as overall prices since the recession ended in 2009, according to Labor Department data. Along with fast-rising housing costs and lackluster wage gains, families with young children are finding themselves stretched enough to draw special attention from presidential candidates.

    The cost of raising a child born in 2013 until age 18 is projected to be $245,340, according to Agriculture Department data. That is nearly five years of income for the median U.S. household. By comparison, the cost of raising a child born in 2003 was $226,108 after adjusting for inflation. The jump in overall inflation-adjusted costs mainly reflects increases in child-care, education and health-care expenses.

    These outlays partly accounts for why many families don’t feel financially secure. An April Gallup poll found that 37% of Americans between 30 and 49, the age when many are raising children, said they didn’t have enough money to live comfortably. That was the highest share of any age group.

    In 41 states, the cost of sending a 4-year-old to full-time preschool exceeds 10% of a median family income—the level the federal government deems to be affordable—according to data from the left-leaning Economic Policy Institute. Full-time preschool is more expensive than average tuition at a public college in 23 states. Care for an infant costs more than average rent in 17 states, the study found.

    Since the recession ended in mid-2009, the cost of child care and nursery school has increased at a 2.9% annual average, outstripping overall inflation of 1.6% during that seven-year period. Overall inflation has been modest in recent years mainly due to lower gasoline prices. But the cost of child care accelerated in 2014 and 2015, coinciding with the jobless rate falling to about 5%.

  4. grim says:

    Also from the WSJ:

    As Low-Skilled Jobs Disappear, Men Drop Out of the Workforce

    Why aren’t men in the prime of their lives working more?

    Working-age males have been sitting on the sidelines in greater numbers for decades, a trend that accelerated during the latest recession and has broad implications for individual well-being as well as the overall economy.

    A new White House study highlights the sharpest decline among men with lower levels of educational attainment and concludes much of the cause is a loss of economic opportunity for those would-be workers.

    “No single factor can fully explain this decline, but analysis suggests that a reduction in the demand for less skilled labor has been a key cause of declining participation rates as well as lower wages for less skilled workers,” the Council of Economic Advisers said in the report.

    Labor-force participation among men between the ages 25 to 54 topped out at 97.9% in 1954. For about five decades, it has been heading steadily lower, punctuated by steeper falls during recessions. That’s a troubling phenomenon for individuals who should be at their peak, improving prospects for themselves and their families and contributing to the economy.

    Participation appears to have stabilized but it’s still below levels at the end of the recession despite years of steady job creation, falling unemployment rates and signs of a tighter labor market.

    The root causes have puzzled economists and pushed politicians to assign blame to everything from government programs such as disability insurance and international trade to immigration and simple demographics.

    The White House study zeros in on the sharp divergence in participation rates by educational attainment and ethnicity. In the mid-1960s, participation figures nearly matched for those with a college degree and those with a high school degree or less. Last year, the rate for college-educated men was 94%, while the rate for men with at most a high-school diploma was 83%. The rate also has declined most steeply for black men.

    Possible causes include the disappearance of factory jobs, men’s falling educational attainment relative to women and a big rise in incarceration rates. A criminal record limits opportunities once an individual exits the criminal justice system. To be sure, the U.S. correctional population has been slowly declining in recent years–it’s fallen by an annual average of 1% since 2007, according to the Bureau of Justice Statistics.

  5. grim says:

    From NJ 101.5 Radio:

    Will 2016 be another bad year for NJ’s economy? Some troubling signs

    For the past few years in New Jersey we’ve had slow but steady economic growth. But suddenly there are new concerns about what happens next.

    The state last year added 82,000 private sector jobs. So far this year, however, we’ve lost more than 10,000.

    “It appeared the state economy was ready for liftoff, but for the first five months of this year, through the end of May, we went into reverse,” said James Hughes, dean of the Edward J. Bloustein School of Planning and Public Policy at Rutgers University.

    What’s really disturbing is no one seems to know exactly why this is happening.

    “That’s turning out to be real head scratcher. We don’t have any real event that would suggest that we should be losing jobs,” said Hughes.

    When we’ve had similar soft patches in 2013 and 2014, there were specific reasons why.

    “We’re heading into the second half of the year with a lot of uncertainty, not only with the New Jersey economy not creating any jobs, but also a slowing national economy. It’s really questionable how well the economy is going to perform for the balance of the year.”

  6. grim says:

    Look at the bright side, you can still (kind of) afford NYC:

    New York’s luxury dorms — where 30-something professionals live like college students

    Forget partitioned apartments, Craigslist roommates and Ikea furniture.

    Increasingly, New Yorkers are turning to slick, luxurious communal-living setups. In the dormlike buildings, adults well out of college share kitchens, living rooms and bathrooms, and everything from toilet paper to coffee to a cleaning service is included in the rent.

    “All the little stuff that you would have to go out for and plan and think about, you don’t have to think about,” says James Jackson, 27, a Web developer who lives in a new communal building in South Williamsburg, Brooklyn, operated by the co-living company Common.

    Common’s Williamsburg property is its third and largest. It operates two other buildings in Crown Heights, Brooklyn, and has space for 100 residents across the three properties. Since launching in October the company has received 6,000 tenant applications.

  7. D-FENS says:

    My wife left her job years ago anyway. We could have kept her working and thrown a sizable chunk of her paycheck at childcare…

    Some days when the kids have a good moment it seems like the right thing to do…other days I wonder how the fcuk we make it on one salary in NJ.

  8. Fast Eddie says:

    Day 3 of no internet, tv and land line with Verizon. I called Saturday, got a person I couldn’t understand, rebooted everything 3 times and nothing. The earliest we could get a technician there is Thursday. I don’t think so. They transfer me to sales, got “Jason” on the line. “Where are you located, Jason?” The Philippines? Click. I call Optimum, they’re installing today. I’ve had both providers in the past, Verizon, unfortunately will be again. If I had someone who spoke english and made some effort to compensate or at least try, I made have even waited two more days. As it is, I have an 87 year old living in my house without a phone because most 87 year olds don’t use cell phones.

  9. Fast Eddie says:

    Verizon will Not be again.

  10. NJCoast says:

    Our Verizon Fios went out with a bolt of lightning last Friday. They said they would be to my house Sunday between 8am and noon. They called me off the beach around 3pm, and had it all fixed in about 1/2 hour, in time to get back for happy hour.
    I avoid Asbury in the summer. There were over 2 hour waits at all the restaurants this past weekend for sub par food. In the winter I enjoy the Pinball Museum with practically the whole room to myself. I haven’t ventured over to the Asbury Hotel as they are responsible for the demise of The Lanes, an old bowling alley/concert venue.
    If there are any beer geeks still left on this board, I am shamelessly promoting my daughter and son in law’s long awaited opening.
    http://draftmag.com/suarez-family-brewery-new-york-state/

  11. Essex says:

    4. The truth hurts fellas

  12. GOP's broken (the good one) says:

    extreme right wingers run on family values

    family values as the only developed nation not to offer childcare leave. against women’s right to choose and against welfare to feed your kids. against free healthcare for kids

    and, on and on….

    no wonder the GOP is permanently broken

    grim says:
    July 5, 2016 at 6:26 am
    From the WSJ:

    Soaring Child-Care Costs Squeeze Families

    The fast-growing cost of raising children is putting extra pressure on family budgets, causing resentment to spill over in day-care parking lots and soccer

  13. GOP's broken (the good one) says:

    @BernieSanders

    Why is it that in the richest country on earth we are experiencing the highest level of childhood poverty of almost any major country?

  14. nwnj3 says:

    #13

    Because Oblamer is flooding the place with third worlders who are blocking native entrants from joining the economic ladder?

  15. Outofstater says:

    Perhaps because we import poverty.

  16. Fast Eddie says:

    Eventually the well runs dry, then what?

  17. grim says:

    Why is it that in the richest country on earth we are experiencing the highest level of childhood poverty of almost any major country?

    We need to solve the high school dropout and teen pregnancy problem.

    Otherwise, there is no solution.

    If you drop out of high school to have a child, you will live the rest of your live in poverty, and you will raise your child in poverty.

    There is no fix for this problem, once it happens, we have another 75 years of poverty.

    Break the cycle.

  18. Mike says:

    8 Gary were you tied into a contract?

  19. Fast Eddie says:

    Mike [18],

    It doesn’t matter. I just won’t pay it. Let them send anything they want to a collections agency. They don’t want my business so I’m obligated to pay for nothing.

  20. Comrade Nom Deplume. Citizen, 2nd Class. says:

    [13] twitiot

    Read story today on rapidly declining workforce participation by older men. When you’re no longer working, inequality results.

    Three words: globalization and technology.

    By the way, those two forces are championed by your side of the aisle.

  21. Comrade Nom Deplume. Citizen, 2nd Class. says:

    Eddie,

    I would not worry about a contract. It is a general and basic tenet of contract law that a failure of performance by one party excuses performance by the other. So on Verizon calls you to collect, simply ask them “so, how much are you going to pay me?” When they ask, someone incredulously, “why would we pay you?”, you reply “for breach of contract. You ceased to provide the service I contracted for, and I went elsewhere.”

  22. grim says:

    Sorry G – Filipinos are better employees than Americans. Also a good chance you were handled out of Central America, also very good.

  23. Fast Eddie says:

    Sorry G – Filipinos are better employees than Americans.

    They are indeed but not when they’re in the Philippines and my issue requires onsite troubleshooting in NJ.

  24. Outofstater says:

    #17 When a behavior is subsidized, you get more of it. Stop incentivizing (is that even a word?) young women to have more babies – stop rewarding their fertility. Start encouraging young people to actually form families, have fewer children and take care of the ones they do have.

  25. Fast Eddie says:

    Comrade [22],

    Touche’!

  26. Ben says:

    I know a guy who used to run some youth outreach program in Asbury Park. He told me that half of the kids never even saw the beach, and they live 5 blocks from it.

  27. Ben says:

    Had a problem with Verizon last year. Internet went down. They scheduled me for the next day at 4:00. Never showed up. Told me that they would move me to the next day because the guy got backlogged. Again, never showed up. Their story was, he got backed up again and they put me at the end of the list for the day. They told me, the next time they could get out was 4 days. I told them to f-off with that crap. I spoke to something like 3 supervisors. None of them had a grasp of the concept of I was in line ahead of everyone else that scheduled for those 4 days. I hung up and put in a complaint with the BPU through their online form. Ironically, that office moves lightning quick. I had a call from some rep the next day about my complaint and they had someone over within 2 hours.

  28. GOP's broken (the good one) says:

    skin cancer free

    Ben says:
    July 5, 2016 at 10:22 am
    I know a guy who used to run some youth outreach program in Asbury Park. He told me that half of the kids never even saw the beach, and they live 5 blocks from it.

  29. Juice Box digging his own grave ( joys of home ownership) says:

    re # 25 – Being a parent is tough enough but being a single parent? The numbers are only increasing, the Millennials today have the lowest marriage rate recorded in 150 years. About 25 million kids today live in a single parent household about 35% of 74.2 million children under 18 years old. That percentage has increased from about 25% in the late 1980s.

  30. GOP's broken (the good one) says:

    break the cycle by providing health care,
    child care, job training, etc, etc

    poverty alleviation ain’t no rocket science.

    but there’s no dought cause W blew it all up in Iraq

    grim says:
    July 5, 2016 at 9:08 am
    Why is it that in the richest country on earth we are experiencing the highest level of childhood poverty of almost any major country?

    We need to solve the high school dropout and teen pregnancy problem.

    Otherwise, there is no solution.

    If you drop out of high school to have a child, you will live the rest of your live in poverty, and you will raise your child in poverty.

    There is no fix for this problem, once it happens, we have another 75 years of poverty.

    Break the cycle.

  31. grim says:

    By providing child care, health care, job training?

    I’m sorry, but it’s too late, if you’ve dropped out of high school, you are unemployable in America.

    Perhaps we should offer them airfare to China, where their skills might be in more demand? Except if they are black, that won’t work as racism is rampant in China.

    If you drop out of high school, you are guaranteed at least a life of poverty. If you want to go as far as to add a life of crime to that, it’s your prerogative.

  32. GOP's broken (the good one) says:

    you got to start someplace. do somethin better that no doin a fukcing thing

    you wanna break the cycle

    grim says:
    July 5, 2016 at 10:58 am
    By providing child care, health care, job training?

    I’m sorry, but it’s too late,

  33. Comrade Nom Deplume. Citizen, 2nd Class. says:

    An FBI conclusion this soon after the final interview?

    This is going to be an exoneration. But it won’t satisfy critics. Comey said these are new comments but everyone acted like they knew

  34. Juice Box digging his own grave ( joys of home ownership) says:

    re # 33- It is not too late, just stay in school. Hillary wants to give the student/parent $1500 a year for their troubles, there are about 4.6 million student parents of those 2 million are women.

  35. grim says:

    Tie access to welfare programs to graduation, including parent benefits. I wouldn’t be opposed to monetary payouts to parents/students.

    Zuckerbergs $100 million would have done more good if they were distributed as graduation benefits to students, monetary bonuses for passing exams, stipend to parents for staying involved.

  36. Juice Box digging his own grave ( joys of home ownership) says:

    re #34 – watching Comey now, does not look like an exoneration to me.

  37. Juice Box digging his own grave ( joys of home ownership) says:

    bah…no charges are appropriate…

  38. Fast Eddie says:

    you got to start someplace. do somethin better that no doin a fukcing thing

    you wanna break the cycle

    Grim mentioned the solution. You refuse to accept it because you have a personal axe to grind. $100,000,000 has handed to a school district. Tell me what went wrong?

  39. Comrade Nom Deplume. Citizen, 2nd Class. says:

    In my humble opinion, the FBI didn’t do Clinton much of a favor. This issue really isn’t going away.

  40. Juice Box says:

    Yeah but no chance of a show trial now.

  41. Juice Box says:

    It was actually $200 million. Didn’t Booker give it out as bonuses to the teachers?

  42. Trump campaign can make great commercials just by replaying Comey.

    In my humble opinion, the FBI didn’t do Clinton much of a favor. This issue really isn’t going away.

  43. Juice Box digging his own grave ( joys of home ownership) says:

    Here is a review of the book written about it.

    The Prize: Who’s in Charge of America’s Schools?

    http://www.libertylawsite.org/2016/04/12/newarks-education-reform-debacle/

  44. jcer says:

    42, yes I believe zuckerbergs 100M was matched, so yes 200M, 0 results money clearly isn’t helping.

  45. jcer says:

    It went to “consultants”, I’d say part of political slush fund.

  46. Five year Treasury yield below 1%. Ten Year at 1.367%, Thirty Year 2.14%.

    Brokered CDs are flattening to the point of almost inverting. 3 and 6 month CD rates are relatively high in yield at 0.5-0.65% as the CD buyers are obviously afraid that rates will be much lower in 6 months, so they are shunning the short maturities. Just wait until equity investors figure out that, like housing, Telecom, Utility, and Consumer Staples dividend stocks can go down in value too.

  47. The only money you could possibly put into the public school system to improve it would need to fund K-5 boarding school.

  48. GOP's broken (the good one) says:

    places like brasil tie it to infant vaccination – has drastically reduced child mortality

    help with childcare, healthcare and job training. it works – breaks poverty cycle

    grim says:
    July 5, 2016 at 11:12 am
    Tie access to welfare programs to graduation, including parent benefits. I wouldn’t be opposed to monetary payouts to parents/students.

  49. GOP's broken (the good one) says:

    what’s 200m supposed to do? meaningless

    provide basic human rights. universal healthcare for kids, just like for old farts

    jcer says:
    July 5, 2016 at 11:58 am
    42, yes I believe zuckerbergs 100M was matched, so yes 200M, 0 results money clearly isn’t helping.

  50. grim says:

    I’d rather see the money invested in the kids, and not the parents.

  51. grim says:

    $200 million invested in a single city school district? Vaporized in 1 year.

    Meaningless?

    You could have had a better improvement in quality of life by giving 20,000 kids each $10,000.

    Instead, cronies walked off with all the money, and the kids get shit.

    The school board and administrators should be HUNG for this crime.

  52. grim says:

    I hear they were paying consultants $1,000 a day, and they blew more than $20 million doing it.

  53. grim says:

    Reading Russakoffs book is on my list.

  54. Juice Box digging his own grave ( joys of home ownership) says:

    It literately is water under the bridge now, about 42% of Newark’s students attend charter schools.

  55. 1987 Condo says:

    So that Friday windstorm knocked a large tree down that, while missing my house by 1 inch, literally, obliterated my 8×12 wood and shingle shed. I have ordered a new shed but need to take the remains of the current shed and dispose of it after I take the remains apart. It is a lit of wood and shingles, where do I dispose of the debris?
    (I am in Essex County)

    Thanks

  56. nwnj3 says:

    C’mon, we all know that donation to Newark schools was never going to make it to the classroom. That $200M was really about Zuck buying a senator, Booker was running at the time.

  57. nwnj3 says:

    And every time Anon espouses and original idea we are painfully reminded why he prefers retweets as his primary form of communication.

  58. grim says:

    56 – Get one of those small dumpster bags at Home Depot. It’s the fastest and easiest way. It will, however, cost you money.

  59. grim says:

    57 – You can buy a politician for a lot less than $200 million these days.

  60. 1987 Condo says:

    #56..Bingo..you are the King..thanks.

  61. 1987 Condo says:

    I’ll have to weigh the minimum $200 cost of that bag versus dropping off directly at a transfer station, I think Garfield has a $100 charge..but I’d have to get the debris there…

  62. grim says:

    Yeah, it’s a bit under 200 bucks, but if you are talking about hauling all that trash to a dump in the back of your SUV, it’s cheaper and easier to just haul everything out to your driveway. They pull up in a truck with a crane, and they can pick it up from a pretty good distance.

  63. homeboken says:

    60 – I was thinking the same thing, you can buy signficant influence with the entire Senate for $200mm is $2mm for each senator. That will get you just about anything you want from this lot.

    There is an odd phenomon I notice lately when it comes to media pundits and the population alike. It’s as if they are all becoming immune to large numbers. Just the other day someone on this blog quoted “180 million is a drop in the bucket, like scrounging for chains in the couch” when discussed in regard to the NJ state budget. And above $200mm was used to “buy a senator” Perhaps it that it is such a large sum that it is beyond comprehension to people. But $200 million represents a 20% increase in the school budget. The fact that it is gone with no result in 1 year is a crime as Grim mentioned. Makes the Lufthansa heist look like shoplifting a snickers.

  64. grim says:

    It’ll also take relative big pieces, as the bag has a 4×8 footprint. If you are sandbagging on any other projects that are going to generate a ton of trash, it’s in your favor to combine. Even crap like ripping out bushes or similar, just load it all in.

  65. 1987 Condo says:

    #65…good points…I assume you have successfully used so that counts a lot..

  66. grim says:

    Yeah we had about half a dumpster left over after remodel work that I didn’t want to call back another dumpster at 700 or 800 bucks, so just used that.

  67. chicagofinance says:

    So what is the moral? Don’t waste $100M when $10M will do just fine…..

    xxxx
    Four years after Mark Zuckerberg made his $100 million donation to help the Newark, New Jersey, school system, most of the money is gone and critics say the city has not turned into the “symbol of educational excellence” he had hoped for.

    That’s because a silver bullet, no matter how large and well-intentioned it is, won’t magically change years of social and economic inequality, Randi Weingarten, president of the American Federation of Teachers, told CNBC’s “Power Lunch” on Friday.

  68. grim says:

    Newark will never again be the recipient of such a large philanthropic donation.

  69. chicagofinance says:

    Stu you out there? Opinions on VMC?

  70. GOP's broken (the good one) says:

    @KeithOlbermann

    .@realDonaldTrump Hey, Fathead!

    You realize FBI Director Comey was a Bush appointee, and was a Whitewater counsel?

  71. [70] chi – As an intermediate to long term trend trader, I’ve owned VMC since May 4th and it’s still “3 green arrows” on both the weekly and daily chart. It come up on my screens frequently since Feb 2015 but I didn’t buy it for the first time until this past May.
    Beta: 1.27
    15 Analysts following, Next 5 year growth 21.85%, Mean rating 1.87 (1=buy, 2=oputperform)
    3 month return: 10.8%
    6 month return: 38.74%
    2 year return: 83.64%
    3 year return: 136.11%

    If I was buying it today I would put a GTC stop at 101.23 (3 % below the 30 week SMA).

  72. The Great Pumpkin says:

    Almost 1/3 went to charter schools. Follow the money. Charters are the devil in disguise. Remember, charters are operating at a smaller budget than the public school system, yet received 1/3 of the money? Then the picture is painted that the public school system pissed it all a way. Brilliant!

    “About $60 million of the combined $200 million of Zuckerberg’s gift and the matching funds went to Newark’s charter schools—publicly funded but privately managed schools that must have an open admissions policy, admitting students via lottery when there is oversubscription. While still subject to state standards, charters have much greater autonomy than traditional district schools, especially because they tend not to be unionized.”

    – See more at: http://www.libertylawsite.org/2016/04/12/newarks-education-reform-debacle/#sthash.nDKHVkF1.dpuf

  73. The Great Pumpkin says:

    That’s the bottom line. Any questions?

    grim says:
    July 5, 2016 at 10:58 am
    By providing child care, health care, job training?

    I’m sorry, but it’s too late, if you’ve dropped out of high school, you are unemployable in America.

    Perhaps we should offer them airfare to China, where their skills might be in more demand? Except if they are black, that won’t work as racism is rampant in China.

    If you drop out of high school, you are guaranteed at least a life of poverty. If you want to go as far as to add a life of crime to that, it’s your prerogative.

  74. jcer says:

    73, compared to Newark public schools the charters are beacons of learning, no matter what they do and do it at less cost.

  75. The Great Pumpkin says:

    Why education will never get fixed. The answer to the problem is political suicide. You have to make a law forcing people that have babies to actually be parents. Too bad, the answer is right there, but any politician that makes this law will be practicing political suicide. Too many deadbeats out there armed with the right to vote.

    grim says:
    July 5, 2016 at 11:12 am
    Tie access to welfare programs to graduation, including parent benefits. I wouldn’t be opposed to monetary payouts to parents/students.

    Zuckerbergs $100 million would have done more good if they were distributed as graduation benefits to students, monetary bonuses for passing exams, stipend to parents for staying involved.

  76. The Great Pumpkin says:

    So tell these beacons of learning to take on the challenge of teaching the inner city kids that actually bring down test scores. They take the cream of the crop and then act like they have the answers to the problems with inner city education. Con artists.

    jcer says:
    July 5, 2016 at 5:48 pm
    73, compared to Newark public schools the charters are beacons of learning, no matter what they do and do it at less cost.

  77. chicagofinance says:

    just fyi I saw this, but I will not comment…..thank you

    The Original NJ ExPat says:
    July 5, 2016 at 4:59 pm
    [70] chi – As an intermediate to long term trend trader, I’ve owned VMC since May 4th and it’s still “3 green arrows” on both the weekly and daily chart. It come up on my screens frequently since Feb 2015 but I didn’t buy it for the first time until this past May.
    Beta: 1.27
    15 Analysts following, Next 5 year growth 21.85%, Mean rating 1.87 (1=buy, 2=oputperform)
    3 month return: 10.8%
    6 month return: 38.74%
    2 year return: 83.64%
    3 year return: 136.11%

    If I was buying it today I would put a GTC stop at 101.23 (3 % below the 30 week SMA).

  78. joyce says:

    1/3 or 33% of the money …. and 42% of the students

    Juice Box digging his own grave ( joys of home ownership) says:
    July 5, 2016 at 12:37 pm
    It literately is water under the bridge now, about 42% of Newark’s students attend charter schools.

  79. joyce says:

    “…schools that must have an open admissions policy, admitting students via lottery when there is oversubscription. While still subject to state standards…”

  80. The Great Pumpkin says:

    Wow, I didn’t know that 42% of the students are in charter schools. That’s pretty crazy. Well, let’s see these charter schools fix Newark. Let the charter schools take over the entire district since they are the magic pill that fixes everything at a lower cost.

    BTW, I’m willing to put money on it that if the student scores improve dramatically, they are cooking the books. I stand by my earlier post in which the problem is parenting, and not the schools. If you had a bunch of parents and children into education, how can a school hold them back? They would reform the school to what they want. That’s why Newark schools become a haven for drug dealing instead of learning, they reformed the schools to fit their agenda. Learning is not on their agenda. Putting kids in charter schools will not fix this agenda, therefore will not solve anything.

    joyce says:
    July 5, 2016 at 6:51 pm
    1/3 or 33% of the money …. and 42% of the students

    Juice Box digging his own grave ( joys of home ownership) says:
    July 5, 2016 at 12:37 pm
    It literately is water under the bridge now, about 42% of Newark’s students attend charter schools.

  81. Links – CDDH Victoria

  82. The Great Pumpkin says:

    Also, if anyone would like to challenge my position from the other day that the kids are failing the schools, not the schools failing them, I’m open to hear your side of the story. In so called “failing schools” how come the Indian population still kills it? I thought the schools were failing and the education garbage, yet you have an Indian population going on to become doctors after attending these same “failing” schools. So who is the failure here, the students who refuse to learn, or the schools stuck in the hopeless position of trying to educate them?

  83. joyce says:

    Translation:
    I once again knew nothing of the topic of conversation to which I joined; I once again responded to a comment without reading the article; yet, I remain steadfast in my preconceived ignorance.

  84. The Great Pumpkin says:

    Whoa there, once again attacking my character as opposed to my positions. I’m sorry that I didn’t know that 42% of the population in Newark goes to charter schools. That number still seems crazy to me.

    Joyce, how exactly are charter schools the answer to inner city schools? How? What exactly are the charter schools doing that is so different from the public schools? If it’s strategy based, how come the public schools can’t adopt the same strategies that are supposedly performing miracles in inner cities and the answer to our educational prayers? Sorry that the skeptic in me doesn’t buy it. Does a charter school replace parenting, because that is why inner city kids fail at school. NO ONE TAUGHT THEM TO GIVE A FU!K ABOUT SCHOOL AND LEARNING. So how does the charter school overcome this obstacle? I call bs on their stats. I don’t believe a word they say. But that’s just me, I just can’t see how they overcome the parenting part. When I was young, any kid who had parents that did not give a fuc!, did not do their hw, and did not do good in school. They was no consequence for failing and not learning in school. So the kids didn’t care about school.

    This is exactly what happens in the inner city and how charter schools some how overcoming this, sounds like bs to me. Maybe I’m wrong, but I’m pretty sure charter schools are scam to get public education tax dollars.

    joyce says:
    July 5, 2016 at 8:13 pm
    Translation:
    I once again knew nothing of the topic of conversation to which I joined; I once again responded to a comment without reading the article; yet, I remain steadfast in my preconceived ignorance.

  85. D-FENS says:

    So what? Who thinks Bush was a great president? Do you honestly think Trump likes him?

    GOP’s broken (the good one) says:
    July 5, 2016 at 4:26 pm
    @KeithOlbermann

    .@realDonaldTrump Hey, Fathead!

    You realize FBI Director Comey was a Bush appointee, and was a Whitewater counsel?

  86. OMG. Pumpkin PUKE is back, the most dishonest entity to ever breach our shores. Please, please, please, go back to watching and enjoying the turkeys getting killed by Toyota Corollas going 70 mph down the front yard that is your highway. Maybe check in on roadkill, divorce, your wife’s displeasure, and other actual things you observe?

  87. Libturd supporting the Canklephate says:

    CHI…Gamble at best from a fundamental perspective. In 2006, when earnings were last what they are now, valuation was about the same. Then it imploded. 5 year growth estimates at 24%? Find that hard to swallow. It’s fully valued right here IMO. Though as a momentum play, it could run further. Nate’s is getting cheap again. :P

  88. joyce says:

    Hillary Clinton vs. James Comey: Email Scandal
    https://www.youtube.com/watch?v=wbkS26PX4rc

  89. Anon E. Moose, Second Coming of JJ says:

    Tool [71];

    GOP’s broken (the good one) says:
    July 5, 2016 at 4:26 pm
    @KeithOlbermann

    .@realDonaldTrump Hey, Fathead!

    You realize FBI Director Comey was a Bush appointee, and was a Whitewater counsel?

    What does that have to do with his efforts to avoid committing suicide before dragging himself into some suburban DC park?

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