NJ jobs growth bleak

From the Record:

New Jersey lost 5,600 jobs in October

In what several experts said showed a loss of momentum in the state’s economy, New Jersey lost 5,600 jobs in October, as its unemployment rate dipped to 5.2 percent, according to preliminary estimates by the U.S. Bureau of Labor Statistics.

New Jersey private employers shed 4,600 jobs and 1,000 public jobs were lost.

“What I really see looking at the broader trends is there’s not a lot of vigor in the state economy,” said Charles Steindel, who was state economist under Governor Christie and is now a resident scholar at the Anisfield School of Business at Ramapo College of New Jersey. “I would view this as a pretty lackluster report.”

Sectors that experienced contraction were trade, transportation and utilities (5,700), manufacturing (1,900), leisure and hospitality (1,200), financial activities (700), information (500) and construction (200). The public sector recorded a loss of 1,000 jobs.

Industries that had employment gains in October included professional and business services (4,400), other services (1,000) and education and health services (plus 200).

Based on more complete reporting from employers, September preliminary estimates were revised up by 2,200 jobs, including 1,800 in the private sector to show an over-the-month private-sector employment gain of 5,100 jobs instead of the 3,300 initially reported.

“The results of this preliminary BLS report may be mixed, but the overall labor market picture remains unchanged with continued growth in payroll employment in 2016,” James Wooster, chief economist for the New Jersey Department of Treasury, said in a statement.

“The New Jersey economic recovery is expected to continue into the near future fueled by further gains in both the labor market and the housing market,” he said. “Private-sector payroll employment has fully recovered from the last recession, with 28,100 more people employed than during the pre-recession peak.”

Steindel and Joel Naroff, president and chief economist of Naroff Economic Advisors Inc. of Holland, Pa., said the numbers, particularly the trend now for the past 12 months, paint the state’s employment picture as rather stagnant.

“It’s not as if the state’s economy is weak,” Naroff said. “It’s just that it’s not strong. Every once in awhile you get teased into thinking that it’s starting to pick up steam, and then the acceleration fizzles out. And then it picks up steam again. It’s what the state is … When you average it out it’s mediocre.”

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135 Responses to NJ jobs growth bleak

  1. nwnj3 says:

    Been a rough, rough week in NJ economic news. The further rating downgrade, the news of the continued hemorrhaging of population to other lower cost states. Take heed.

  2. Fabius Maximus says:

    This administration is going to be a dumpster fire. I’m not sure we will have a cabinet come Jan 20th. How does that picture with Putin make it through the confirmation hearings.

    https://www.yahoo.com/news/michael-flynn-key-trump-aide-sat-in-on-intel-briefings-while-advising-foreign-clients-004512931.html

  3. Grim says:

    How about that Alex Blanco.

    Real corruption in NJ and the dems are hell bent on spending millions on their witch hunt.

  4. Tywin says:

    The media hysterics are amusing, they are going for 100% of people not trusting their propaganda, up from the current 70%.

    Obama didn’t make his first cabinet appointment for weeks…

    http://www.realclearpolitics.com/video/2016/11/17/baier_media_reports_trump_transition_crisis_but_obama_didnt_make_first_cabinet_pick_for_weeks.html

  5. Grim says:

    Kanye West endorses Trump……

  6. 1987 Condo says:

    I’m pretty sure there will be a cabinet in place on Jan 20.

  7. 1987 Condo says:

    Trump first cabinet appointments are 5 weeks earlier than Reagan’s first appointment.

  8. grim says:

    Media is going to ride him on any nonsense, like familydinnergate the other day.

  9. grim says:

    Frankly, the fact that he didn’t alert the press corps, gets him kudos in my book.

  10. Anon E. Moose, saying 'Come back, JJ' says:

    Buttocks [08:00];

    This administration is going to be a dumpster fire. I’m not sure we will have a cabinet come Jan 20th.

    Are you ignorant that you are such a sycophant, or do you simply not care?

    Lets go back to down the memory hole, shall we? Lets look at how the press covered the 2008 transition, when Obama didn’t name key cabinet members (incl. SoS Hillary Clinton) until Dec 1, 2008. No panic then, just business as usual. Now, its the end of the world! (Not to mention supposed evidence of Trump’s incompetence/unfitness.)

    I love it when you parrot the Daily Koz/HuffPost talking points of the day, because your coordination shows how phony you are and they are so easily shredded. Clown on, tool.

  11. 3b says:

    New Jersey ain’t dead!! What’s wrong with you people ! It’s going to come roaring back. This is all bs I tell ya!! Stop running down nj

  12. Anon E. Moose, saying 'Come back, JJ' says:

    Buttocks [08:00];

    Funny, you weren’t the slightest bit worried about Putin and Russia when Obama was mocking Romney in the 2012 debates; or when Obama bent over (and not backwards) to communicate his “flexibility” to Putin that same year; nor when Putin steered over $100 million into the Clinton Foundation slush fund in exchange for her to sherpa their uranium mining purchase.

    Selective outrage much?

  13. D-FENS says:

    Bedminster, NJ and NYC are the new Washington DC.

  14. grim says:

    I would imagine the dems would love the Kushner pick, as his 6 figure campaign donations have been exclusively democratic.

  15. grim says:

    Someone here mentioned the potential Kushner-Christie bad blood a year back, seems it was entirely the situation. Wonder if it was the plan all along, and they just punked the guy.

  16. grim says:

    While we’re in this parallel universe…

    Homes in Totowa’s ‘Midgetville’ to be torn down

    Soon there will be fewer houses on a borough street dubbed as “Midgetville” by a popular New Jersey magazine.

    Four home demolitions are expected to begin on the road, whose real name is Norwood Terrace, within the next month. One of the homes to be torn down is located on Riverview Drive.

    The Totowa Borough Council approved a resolution during its council meeting Nov. 15, which awarded a bid to contractor Control Industries, Inc., to complete the demolition work. The total bid amount is $49,375.

    The homes being torn down were buyouts through a Passaic County Community Development Block Grant Disaster Recovery Program (CDBG-DR), in which the borough is enrolled. Each dwelling sustained severe flood damage during Tropical Storm Irene.

    The buyout process for the flood-prone street, which has houses that abut the Passaic River, has been in the works for more than a few years now. In 2013, the borough council bonded $1.25 million that will be reimbursed to the municipality for the home buyouts, located at 23, 31, 43 and 61 Norwood Terrace. The other home is located at 416 Riverview Drive.

    Flooding is not the only problem residents on Norwood Terrace have faced throughout the years. Norwood Terrace was nicknamed “Midgetville,” by the magazine “Weird N.J.,” for its small-sized houses that were originally-built as summer cottages for individuals who vacationed along the Passaic River. As a result, the street has attracted thrillseekers looking to explore the area and to possibly see “Annie’s Ghost,” another legend from the magazine, on nearby Riverview Drive. A gate was installed at one end of Norwood Terrace in recent years to stop these unwanted guests from visiting the block.

    But for residents who live on Norwood Terrace, they describe their street as a close-knit community with residents who all know each other and have lived in Totowa for decades.

  17. 1987 Condo says:

    Jeff Sessions- Attny General Pick- reported as a tough opponent of H1B “abusive” companies….

  18. D-FENS says:

    “Kanye” is the number 1 trend on twitter right now. I don’t know if he really is a Trump supporter…but I know he is a businessman.

  19. Steamturd thinking about the remains of Hillary's umbilical stump says:

    Kanye is perhaps the only bigger opportunist than Trump himself.

  20. Fabius Maximus says:

    Moose,

    The issue is not the timing, the issue is the choice.

  21. chicagofinance says:

    I legitimately think that Trump is repelled by the “soccer mom taking the fall” thing. Trump is definitely a machismo type because the undersized wee-wee, so that kind of thing doesn’t compute……..

    grim says:
    November 18, 2016 at 9:04 am
    Someone here mentioned the potential Kushner-Christie bad blood a year back, seems it was entirely the situation. Wonder if it was the plan all along, and they just punked the guy.

  22. chicagofinance says:

    The issue for you should be how to commit suicide and when……..

    Fabius Maximus says:
    November 18, 2016 at 9:31 am
    Moose,

    The issue is not the timing, the issue is the choice.

  23. Fabius Maximus says:

    And it just keeps coming.

    If you are in NY, we can meet and have a slice at Sparro in Times Square.

    https://www.theguardian.com/us-news/2016/nov/17/civil-servants-befuddled-trump-casual-invitation-may

  24. Fast Eddie says:

    This administration is going to be a dumpster fire.

    Approximately 1400 seats on the local, state and federal level have switched and gone red since 2010. Any questions?

  25. Fabius Maximus says:

    Trump cant hire Kushner to a cabinet role or a Whitehouse role.

  26. Fast Eddie says:

    The issue is not the timing, the issue is the choice.

    Why, because they’re not democrats?

  27. Fabius Maximus says:

    The way I read Kushner is if any role has had a paid salary in the past, he is ineligible.

    http://www.politico.com/story/2016/11/donald-trump-transition-jared-kushner-hillary-clinton-precedent-231577

  28. Fabius Maximus says:

    Fast Eddie,

    No, they can be GOP, they just have to be able to make it through the confirmation hearings. O had a few failures and Merrick Gartland is still held up.

  29. Steamturd says:

    Hey Anon:

    Now to Wall Street. We’re still working our way through the unexpected reaction to the unexpected election. Let me run down just a few of the milestones we saw this week. On Tuesday, the Dow rose to an all-time high. The S&P 500 is currently very close to an all-time high. The U.S. dollar rose to a 14-year high. Initial jobless claims fell to a 43-year low. Housing starts are at a nine-year high. The Russell 2000 Index of small-cap stocks has rallied for 10 straight days.

  30. Steamturd says:

    And it’s only the first week.

  31. joyce says:

    Why aren’t the bribe givers in trouble?
    http://www.nj.com/passaic-county/index.ssf/2016/11/passaic_mayor_pleads_guilty_to_federal_bribery_cha.html

    Grim says:
    November 18, 2016 at 8:21 am

    How about that Alex Blanco.

  32. grim says:

    If you are in NY, we can meet and have a slice at Sparro in Times Square.

    What’s wrong with this? It doesn’t have the usual pomp and circumstance that accompanies this sort of thing, it doesn’t stroke the politico egos enough to not have a red carpet and 600 staffers to prepare? In the private sector, this is how it’s done, you know it. When I was down in silicon valley a few weeks back, I met up at a pasta joint with a big time tech ceo, no big deal. “Hey, I’m in town on Tuesday, want to meet up for lunch and catch up” “Sounds great, i’ll have my admin set up a reservation for us”

    Done, it’s how deals are made, we signed a contract a few days after that.

    Why does $7 million dollars need to be spent coordinating a half hour meeting?

  33. 3b says:

    Fab: what’s the big deal? A little too informal for the English??

  34. leftwing says:

    grim, post bouncing into cyberspace. thought i found the issue but apparently not….spring if you can….thx

  35. Lost says:

    We lost 227,000 residents, gained 144,000 new American residents, and gained 62,000 foreign immigrants. That equates to a loss of 17,000 people from migration– but the population is still increasing, just much more slowly than it used to. Our “rate of replacement” is extremely low compared with the rest of the country. But what do you expect from the most densely populated state with high cost of living.

    How many of those people leaving are latino’s looking for a cheaper place to live? How many latino’s move to PA from Nj? I know of a lot. Why is this not discussed? Why does everyone assume that the rich are leaving? How many rich are leaving because of retirement? These questions needs to be asked before you write off nj.

    You people are so hellbent on writing nj off.

    nwnj3 says:
    November 18, 2016 at 7:36 am
    Been a rough, rough week in NJ economic news. The further rating downgrade, the news of the continued hemorrhaging of population to other lower cost states. Take heed.

  36. Fast Eddie says:

    Exciting times! We are going to make some f.ucking money in the next few years! What a wasted eight years of bullsh1t from a nothing president – childish sound bites, diversion and division. He had no vision and zero passion.

  37. But when they have kids they’ll all come back to have a bidding war on Pumpkin’s house. After all, it’s so close to NYC that you can smell the culture. Or maybe that’s car exhaust, he lives on a busy street.

    Been a rough, rough week in NJ economic news. The further rating downgrade, the news of the continued hemorrhaging of population to other lower cost states. Take heed.

  38. grim says:

    You know, there was a time when politicians in this country weren’t kings.

  39. CNN just did a whole TV segment on this crap

    Paul Horner — the 38-year-old self-made titan of a fake news empire on Facebook — is claiming responsibility for pushing Donald Trump to the White House, and says he has no plans to stop publishing fake news.

    http://www.cbsnews.com/news/donald-trump-election-facebook-fake-news-creator-paul-horner-claims-responsibility/

  40. Lost says:

    Wow, it takes a change of teams for you to realize this. Glad you finally realize what is coming and it doesn’t have much to do with the govt, but rather cycles and demographics.

    Fast Eddie says:
    November 18, 2016 at 10:56 am
    Exciting times! We are going to make some f.ucking money in the next few years! What a wasted eight years of bullsh1t from a nothing president – childish sound bites, diversion and division. He had no vision and zero passion.

  41. chicagofinance says:

    I assume plea bargain for being informant…..

    joyce says:
    November 18, 2016 at 10:23 am
    Why aren’t the bribe givers in trouble?
    http://www.nj.com/passaic-county/index.ssf/2016/11/passaic_mayor_pleads_guilty_to_federal_bribery_cha.html

    Grim says:
    November 18, 2016 at 8:21 am

    How about that Alex Blanco.

  42. Lost says:

    You wish you lived in my house, too bad you can’t afford it. Esp the taxes.

    The Original NJ ExPat says:
    November 18, 2016 at 10:56 am
    But when they have kids they’ll all come back to have a bidding war on Pumpkin’s house. After all, it’s so close to NYC that you can smell the culture. Or maybe that’s car exhaust, he lives on a busy street.

  43. Lost says:

    Agreed. All the focus on one side of the problem, let’s just ignore the people giving bribes.

    joyce says:
    November 18, 2016 at 10:23 am
    Why aren’t the bribe givers in trouble?
    http://www.nj.com/passaic-county/index.ssf/2016/11/passaic_mayor_pleads_guilty_to_federal_bribery_cha.html

  44. Lost says:

    Alex Blanco is similar to trump. He was not a career politician, he was a doctor. He was elected on an anti-corruption platform that was dead set on getting rid of corruption. Only problem, he was now in politics, and the game of politics goes hand in hand with corruption. You can not practice politics without becoming corrupt. It’s all about wheeling and dealing in the game of politics. It is what it is and you will never get rid of corruption without getting rid of politics. It is what it is.

  45. joyce says:

    A brief, fleeting time.

    grim says:
    November 18, 2016 at 10:59 am

    You know, there was a time when politicians in this country weren’t kings.

  46. Lost says:

    He came in wanting to get rid of corruption, but it’s what politics always does to the individual….corrupts them.

  47. I don’t even think your wife likes living there.

    You wish you lived in my house, too bad you can’t afford it. Esp the taxes.

  48. Comrade Nom Deplorable, just waiting on the Zombie Apocalypse. says:

    I see that Rory is doubling down on the identity politics that served his side so well in the last election.

    Stay strong and obstruct away!!! I would blame McConnell except that he was wielding the sword brandished earlier by the democrats who promised to obstruct Bush until 9/11 sent them scurrying back under the flag.

  49. grim says:

    Agreed. All the focus on one side of the problem, let’s just ignore the people giving bribes.

    People give bribes in NJ because they are required. It’s just an additional fee. People don’t pay bribes because they just have money to burn, it’s that it’s expected. It’s just everyday business.

  50. Is it possible that the Bloomberg writer doesn’t know that Etch-a-Sketch was a blockbuster toy in 1960?

    The craze has given Spin Master—which, with its Build-a-Bear Workshop and Etch-a-Sketch, is no stranger to blockbuster toys—one of its best product launches ever. Stores have created waitlists for Hatchimals.

  51. Lost says:

    Grim, I’m being sincere in this response, not being obnoxious.

    You hit the nail on the head, bribery is “every day business” due to human nature. Go to any state or any country, it’s all the same. U.S. corruption is actually a lot less compared to the rest of the world. What every business in every country has in common is some form of corruption; some at higher levels, some at lesser levels, but all involve corruption in business dealings. It’s literally impossible to stop, it can only be contained. And that’s all you aim for, to keep corruption contained, not eliminated. Elimination is pipe dream.

    grim says:
    November 18, 2016 at 12:05 pm
    Agreed. All the focus on one side of the problem, let’s just ignore the people giving bribes.

    People give bribes in NJ because they are required. It’s just an additional fee. People don’t pay bribes because they just have money to burn, it’s that it’s expected. It’s just everyday business.

  52. D-FENS says:

    $60 for that thing?

  53. Ok, Pumpkin – How much money do you want to leave for good?

  54. D-FENS says:

    Clinton better hope Obama gives her a blanket pardon. Sessions as AG means Hilliary for prison…for sure…

  55. Essex says:

    Make New Jersey Great Again

  56. 3b says:

    Who brags about how high their property taxes are? Seems like some kind of insecurity to me.

  57. Lost says:

    Bragging? If you say so. I’m just giving the expat a taste of his own medicine.

    3b says:
    November 18, 2016 at 1:10 pm
    Who brags about how high their property taxes are? Seems like some kind of insecurity to me.

  58. Hmmm… I missed that somehow. I don’t recall you posting anything clever, witty, or accurate.

    Bragging? If you say so. I’m just giving the expat a taste of his own medicine.

  59. Michael Wolff interviews Steve Bannon

    In this dark day for Democrats, Bannon has become the blackest hole.

    “Darkness is good,” says Bannon, who amid the suits surrounding him at Trump Tower, looks like a graduate student in his T-shirt, open button-down and tatty blue blazer — albeit a 62-year-old graduate student. “Dick Cheney. Darth Vader. Satan. That’s power. It only helps us when they—“ I believe by “they” he means liberals and the media, already promoting calls for his ouster “—get it wrong. When they’re blind to who we are and what we’re doing.”

    On that precise point, the New York Times, in a widely circulated article, will describe this day at Trump Tower as a scene of “disarray” for the transition team. In fact, it’s all hands on: Mike Pence, the vice president-elect and transition chief, and Reince Priebus, the new chief of staff, shuttling between full conference rooms; Jared Kushner, Trump’s son-in-law and by many accounts his closest advisor, conferring in the halls; Sen. Jeff Sessions in and out of meetings on the transition team floor; Rudy Giuliani upstairs with Trump (overheard: “Is the boss meeting-meeting with Rudy or just shooting the sh1t?”), and Bannon with a long line of men and women outside his corner office. If this is disarray, it’s a peculiarly focused and organized kind.

    http://www.hollywoodreporter.com/news/steve-bannon-trump-tower-interview-trumps-strategist-plots-new-political-movement-948747

  60. D-FENS says:

    Economic populism….indeed.

  61. jcer says:

    Grim is on the money with the corruption, it starts innocently enough, all businesses give money to the politicians, it isn’t bribery but it buys some access, when it changes from we are giving to cement a relationship to the quid-pro-quo is when the line is crossed. I’ve seen it from all sides, businesses will approach the politicians with what it is they want with the unstated promise of “support” if they get what they want. I’ve seen politicians put up the wall in front of business ventures looking for “support” to clear the obstructions, at the end of the day if your business is very profitable you just keep paying. It’s amazing what 100k in campaign contributions can get you. I’ve seen it first hand and it is very seedy.

  62. Anon E. Moose, saying 'Come back, JJ' says:

    Grim;

    People give bribes in NJ because they are required. It’s just an additional fee. People don’t pay bribes because they just have money to burn, it’s that it’s expected. It’s just everyday business.

    I look at it slightly differently. They are “required” in the sense that it would be more difficult (neigh impossible) to do any business without them. But in another sense, its that the government has gotten so all-encompassing, able to pick winners and losers on a whim, that money spent on politicians is more fruitful than, say, money spent on marketing, on expanding production, or on R&D.

  63. chicagofinance says:

    OPINION
    COLUMNISTS
    BUSINESS WORLD
    Green Elites, Trumped

    The planet will benefit if the climate movement is purged of its rottenness.

    By HOLMAN W. JENKINS, JR.

    Hysterical, in both senses of the word, is the reaction of greens like Paul Krugman and the Sierra Club to last week’s election. “The planet is in danger,” fretted Tom Steyer, the California hedge funder who spends his billions trying to be popular with green voters.

    Uh huh. In fact, the climate will be the last indicator to notice any transition from Barack Obama to Donald Trump. That’s because—as climate warriors were only too happy to point out until a week ago—Mr. Obama’s own commitments weren’t going to make any noticeable dent in a putative CO2 problem.

    At most, Mr. Trump’s election will mean solar and wind have to compete more on their merits. So what?

    He wants to lift the Obama war on coal—but he won’t stop the epochal replacement of coal by cheap natural gas, with half the greenhouse emissions per BTU.

    He probably won’t even try to repeal an egregious taxpayer-funded rebate for wind and solar projects, because red states like this gimme too. But Republican state governments will continue to wind back subsidies that ordinary ratepayers pay through their electric bills so upscale homeowners can indulge themselves with solar.

    Even so, the price of solar technology will continue to drop; the lithium-ion revolution will continue to drive efficiency gains in batteries.

    Mr. Trump wants to spend on infrastructure; the federal research establishment, a hotbed of battery enthusiasts, will likely benefit.

    In a deregulatory mood, he might well pick up an uncharacteristically useful initiative from the Obama administration. The Nuclear Regulatory Commission quietly is revisiting a scientifically dubious radiation risk standard that drives up the cost of nuclear power.

    What a Trump election will do is mostly dismantle a green gravy train powered by moral vanity that contributes nothing to the public welfare.

    A phenomenon like Trump, whatever its antecedents, is an opportunity—in this case to purge a rottenness that begins at the commanding heights. The New York Times last year published a feature entitled “short answers to the hard questions about climate change” that was notable solely for ignoring the hardest question of all: How much are human activities actually affecting the climate?

    This is the hardest question. It’s why we spend tens of billions collecting climate data and building computerized climate models. It’s why “climate sensitivity” remains the central problem of climate science, as lively and unresolved as it was 35 years ago.

    Happily, it only takes a crude, blunderbussy kind of instrument to shatter such a fragile smugness—and if Mr. Trump and the phenomenon he represents are anything, it’s crude and blunderbussy.

    As with any such shattering, the dividends will not be appropriated only by one party or political tendency.

    Democrats must know by now they are in a failing marriage. Wealthy investors like George Soros,Nat Simons and Mr. Steyer, who finance the party’s green agenda, have ridden the Dems into the ground, with nothing to show for their millions, and vice versa.

    On the contrary, the WikiLeaks release of Clinton campaign chairman John Podesta’s emails only dramatizes what a liability they’ve become, demanding attacks on scientists and even loyal Democrats who don’t endorse their climate-disaster scenarios. Their anti-coal, anti-pipeline, anti-fracking stance especially hurts Dems with union households, which turned out in record numbers for Mr. Trump.

    It was always crazy to believe in an unprecedented act of global central planning to wean nations away from fossil fuels, but equally idiotic not to notice that our energy economy is ripe slowly to be transformed by technology anyway.

    One greenie who is beyond the need for handouts is Bill Gates, who has made himself non grata by saying the current vogue for subsidizing power sources that will always need subsidies is a joke—an admission of defeat.

    Honest warriors like Mr. Gates and retired NASA alarmist James Hansen insist real progress can’t be made without nuclear. Why haven’t others? Because the Tom Steyers and Bill McKibbens would sacrifice the planet 10 times over rather than no longer be fawned over at green confabs. That’s rottenness at work.

    There’s a reason today’s climate movement increasingly devotes its time and energy to persecuting heretics—because it’s the most efficient way to suppress reasoned examination of policies that cost taxpayers billions without producing any public benefit whatsoever.

    The theory and practice of climate advocacy, on one hand, has been thoroughly, irretrievably corrupted by self righteousness—blame Al Gore, that was his modus. Yet, on the other, it has allowed itself to become the agent of economic interests that can’t survive without pillaging middle-class taxpayers and energy users—exactly the kind of elitist cronyism that voters are sick of.

    Without attributing any special virtue to Mr. Trump, he represents a chance for a new start. He might even turn out to be good for the planet.

  64. chicagofinance says:

    from above

    There’s a reason today’s climate movement increasingly devotes its time and energy to persecuting heretics—because it’s the most efficient way to suppress reasoned examination of policies that cost taxpayers billions without producing any public benefit whatsoever.

    The theory and practice of climate advocacy, on one hand, has been thoroughly, irretrievably corrupted by self righteousness—blame Al Gore, that was his modus. Yet, on the other, it has allowed itself to become the agent of economic interests that can’t survive without pillaging middle-class taxpayers and energy users—exactly the kind of elitist cronyism that voters are sick of.

  65. Ben says:

    I went to high school with someone that works for Wakefern. Their job is literally to wine and dine NJ politicians.

  66. Fabius Maximus says:

    Chi,

    Another garbage article by another Heritage Hack.

    “What a Trump election will do is mostly dismantle a green gravy train powered by moral vanity that contributes nothing to the public welfare.”

    That has to be the most pretentious pseudo intellectual statement I have read in a long time.

  67. Fabius Maximus says:

    “the most efficient way to suppress reasoned examination of policies”

    Koch industries have poisoned the well of reasoned discourse on Climate Change. You cannot take any article discussing climate change on either side on face value.

  68. D-FENS says:

    Koch brothers boogey man stuff doesn’t work anymore. They were Clinton supporters this go-round.

  69. D-FENS says:

    Man I’m glad I don’t work in Bedminster anymore. I’d never get home.

  70. Fabius Maximus says:

    Lib,

    Have to get together to discuss smoking. I have 8lbs of center-cut Tenderloin at $2/lb about to transform into Apple-wood Smoked Maple Bacon, that would retail for $7-15/lb.

    Grim, can we work a deal on the used Bourbon Barrels

  71. Fabius Maximus says:

    D-FENS, who they supported is not relevant, they are going to support their own interests regardless who is running. A straight discussion on Climate Change is not in their interest so they poisoned the well funding lots an lots of bogus studies.

  72. Fabius Maximus says:

    Just uncorked my first Beaujolais Nouveau of the year.
    Its the little things in life that make me happy.

  73. Lost says:

    Jcer,

    Sad, but unless you have some unique business with limited competition, you need to bribe to gain access to market share. This applies to any location in the world. Why? Cause human hands are involved and every one wants a piece. Can’t get business done without greasing those hands.

  74. Lost says:

    Think govt is to blame? Go to the black market. Drug dealers fighting over markets, bribing people to take out their competition and gain market share. Same ol shit.

    Black market made mafia so powerful that the govt had to go to war with them or risk them taking over the law of the land. Mafia worked outside the govt, but was plagued with the same corruption. Why? ….

  75. D-FENS says:

    Just tapped a fresh keg of yuengling.

  76. Steamturd thinking about the remains of Hillary's umbilical stump says:

    Just tapped a fresh keg of yuengling. haha!

    Fab. Just getting started. I am far from a purist. I’ve been having fairly good success with a smoker box on my Weber gas grill. I’ve had no problem maintaining a 225 for 6 hours an some incredibly juicy ribs. Was using my own rub, but sprang for a 5 pound bag of fancy rub. Can’t wait to try it. The ribs came today and look really, really nice! I love spare ribs way more than baby backs. Attempting my first fancy brisket on Sunday. We’ll see how it goes.

  77. Fabius Maximus says:

    Chi,

    Elite 140’s!
    Lots of consolidation in the industry, the 140 is probably under a hundred now and less than 10 in North America.

  78. Fabius Maximus says:

    Donny, “I don’t settle law cases!” settles Trump U.
    No surprise here.

    http://www.politico.com/story/2016/11/trump-university-lawsuit-settlement-231610

  79. Fabius Maximus says:

    Stu,

    Have fun, low and slow, and keep it moist. Don’t forget to remove the membrane from the back of the ribs.

    I just picked up a Propane smoker and I think I will retire my Weber Bullet. The Propane just holds temp with no adjustment.

  80. It puts the lotion in the basket.

    Have fun, low and slow, and keep it moist. Don’t forget to remove the membrane from the back of the ribs.

  81. Comrade Nom Deplorable, just waiting on the Zombie Apocalypse. says:

    So Trump U settled with the NY AG for $25 mill, $1 mill being “penalty”.

    The left is having a field day but the lawyers see it differently. Here’s why:

    Trump was under enormous pressure to settle with the inauguration pending so the AG really had him by the shorties. Then the AG settles for what is essentially nuisance value money. Why?

    That tells me Schneiderman had no confidence in his case and did not want to risk losing to Trump in a high profile case would seriously damage his brand. The right was already screaming that the New York AG brought the case for political reasons. Losing would be a body blow to his governors race

    So Trump puts out chump change, or what he would have spent fighting the case and Schneiderman takes it. Trump is no worse off and Schneideman gets to claim he made Trump pay. So who really “lost”?

    Trump puts this behind him for short money and Schneiderman is relieved to be rid of a case he clearly didn’t think he could win. If he did, he wouldn’t have settled for a penalty that doesn’t even compensate NY for what they spent prosecuting Trump. Rather a poor deal for NY.

    No Rory Martin, I wouldn’t be taking a victory lap if I were you. This was one of Trump’s better deals.

  82. Hmmmm says:

    “President-elect Donald Trump plans to nominate Sen. Jeff Sessions (R-Ala.) to be attorney general of the United States, The Washington Post and other news outlets reported Friday. Sessions is a vocal opponent of marijuana legalization whose elevation to attorney general could deal a blow to state-level marijuana legalization efforts across the country.

    At a Senate drug hearing in April, Sessions said that “we need grown-ups in charge in Washington to say marijuana is not the kind of thing that ought to be legalized, it ought not to be minimized, that it’s in fact a very real danger.” He voiced concern over statistics showing more drivers were testing positive for THC, the active component in marijuana, in certain states.”

    https://www.washingtonpost.com/news/wonk/wp/2016/11/18/trumps-pick-for-attorney-general-good-people-dont-smoke-marijuana/?wpisrc=nl_wonk&wpmm=1

  83. chicagofinance says:

    not the booing, but the fcuking lecture…

  84. Ben says:

    people love to play the victim…even when they are not.

  85. Grim says:

    Not sure what he expected, but he walked into that

  86. Lost says:

    Watching news12 and they claim that if the pension was not underfunded, there would be no issue right now. Credit rating agency blames underfunding as the problem, not an overgenerous pension. Just thought I would throw that out there since this has been discussed on here.

  87. leftwing says:

    “Credit rating agency blames underfunding as the problem, not an overgenerous pension.”

    You seriously cannot be this dense. I cannot believe I am responding to one of your posts, but even you jumped the shark with this one.

    The problem is the current liability. That is directly the result of what was *promised* to be paid, less what was *actually paid*. See how that works, Mr Financial Analyst? lol.

    Why not give retirees a trillion? It’s just an ‘underfunding problem’ hitting that number. Or, better, let’s give them nothing. There we go – poof – no ‘underfunding problem’. Promised nothing, get nothing. Everything’s better. Underfunding problem gone.

    Donkey.

  88. leftwing says:

    Chi, the youtube is a suicide clip set Mash? What am I missing?

    On smoking, we’ve gone through briskets and ribs. Good luck, great when they come out how you want.

    With cold weather we now ‘cold smoke’ salmon. Cured for about 2-3 days (dry) in our own salt/season mix. Then on the smoker. Have to keep heat under 80 degrees, 100 tops, so it doesn’t cook. That’s fun, while generating enough smoke.

    Got tired of paying $25 per pound for locally made, so did it ourselves. Took some experimenting but we finally nailed it.

    I want to try to make our own chicken and filet jerky next. LMK if anyone has any insights there.

  89. grim says:

    I think all of these inspirational stage cult speakers are criminals peddling impossibility, who are geared entirely on upsell of the next course or program.

    You don’t think Tony Robbins is an incredible scam?

    Suspect little difference between a Trump course, a Tony Robins Course, and those idiotic Facebook MLM programs.

  90. Anon E. Moose, saying 'Come back, JJ' says:

    Buttocks [18:47];

    That has to be the most pretentious pseudo intellectual statement I have read in a long time.

    Admit it, you’re jealous.

  91. Steamturd thinking about the remains of Hillary's umbilical stump says:

    I love smoked fish and have made fish jerky in a dehydrator years ago. But it wasn’t smoked. My BBQ needs is due to the complete lack of anything even halfway decent in NJ or NY. It’s really a niche not filled. The average roadside BBQ joint from Delaware South is so damn good and cheap too. Up here, you pay a bloody fortune for BBQ that usually tastes like it was quick grilled and just lobbed in BBQ sauce. The best thing I’ve found is burnt ends at Mighty Quinn’s. Anyone can make decent pulled pork so I don’t really count that. I really think most BBQ places don’t smoke their meats or do the low and slow thing. You certainly can’t smell it from outside, which is strange as you can smell a BBQ joint a mile away down south.

  92. No One says:

    There’s a BBQ place that opened in bridgewater and it sucked. I tried a sampler. Pulled pork was watery, so was the brisket. Cannot have been made the right way. They have a big smoker smoking in the parking lot spewing smoke, but I suspect it’s just for show with nothing cooked there. The restaurant was almost empty, and rightfully so.

  93. Fast Eddie says:

    Tony Robbins is a scam as is Joel Osteen are whatever the f.uck his name is. Btw, this anti-white sentiment seems to be the new rave and is becoming prolific very quickly. If the diaper pin supporters keep this up, I’m suing for discrimination, hate crimes and racism. It’ll be fun playing the victim. To all you layabouts and whiners, f.uck you, pay me. And did I just read that the dems can’t filibuster a SCOTUS pick? LOL! F.uck you, ya p.ussies.

  94. Steamturd thinking about the remains of Hillary's umbilical stump says:

    Every year for 4th of July, Gator gets Salt Lick shipped up to me and I only need reheat it on the grill. It’s two to three times better than anything you can get up here. But it’s so damn pricey which is crazy since you can do all you can eat where it’s made for like $12.99. I love the candy glaze they get in those old open pits. I’ve had Central and Interstate in Memphis, Dinosaur in Rochester (and Newark), Franklin in Austin, plus too many to mention in the South. Still, the best barbecue I’ve ever had is at various little roadside stands in Delaware along Route 13.

  95. Comrade Nom Deplorable, just waiting on the Zombie Apocalypse. says:

    “Have fun, low and slow, and keep it moist. ”

    I always do

  96. yome says:

    Anybody calling for $800 gold yet?

  97. No, but maybe €800 gold.

    Anybody calling for $800 gold yet?

  98. Essex says:

    Anyone get the idea we are living in a laggard state and everything we do will actually lose money. Housing-wise….

  99. Oh ye of little faith! Have you not read the Gospel according to Pumpkin? You may have to pay hundreds of thousands of dollars in interest, maintenance, and property taxes, but one day, one glorious day, far out in the future you will achieve much higher realization of conscience. On that wonderful day you will suddenly realize, “WTF? I spent a sh1t-ton of money and years here…for what?”

    Anyone get the idea we are living in a laggard state and everything we do will actually lose money. Housing-wise….

  100. My MIL always makes noises like she wants to move to Boston, but I’m not sure she can actually ever do it. She likes to tell people she’s just met that she’s from Glen Rock, even though she was born and raised in Ridgefield Park. Her rationalization is that she and her husband bought their first house and second house there, raised their kids there, and lived there for 32 years or so. Even though she moved from Glen Rock maybe almost 25 years ago, she still tells people that she’s from there. I think she would have a hard time moving to Boston because then Glen Rock would be gone when it comes to meeting new people. She would just be from Jersey.

  101. https://www.yahoo.com/style/dont-agonize-organize-164149299.html

    Skip over the crappy article if you want, but don’t miss the top-rated comment below it.

  102. Steamturd thinking about the remains of Hillary's umbilical stump says:

    I’m not sure we will have enough left to pay reparations to women after we finished paying them to our former slaves. Lord help us if any Aztecs are still around. The interest alone will destroy us.

  103. Lost says:

    Tool, then please explain how New York states pension is fine and it’s more generous than nj? Riddle me this? The liability doesn’t have to be payed out at once, wish you could comprehend this, hence, if the contributions had be made in the past 20 years, this would not currently be an issue.

    “Credit rating agency blames underfunding as the problem, not an overgenerous pension.”

    You seriously cannot be this dense. I cannot believe I am responding to one of your posts, but even you jumped the shark with this one.

    The problem is the current liability. That is directly the result of what was *promised* to be paid, less what was *actually paid*. See how that works, Mr Financial Analyst? lol.

  104. Lost says:

    Would it be 100%, it might, but it doesn’t matter because it would be damn close and no crisis. When you don’t pay billions every year for 20 years, you start to create a problem for yourself. Can you please acknowledge that if the payments were made over the past 20 years, there would be no problem whatsoever with the pension? Can you please study the issue and understand the problem comes down to no contributions from the state in 20 years? For god’s sake, the fund has been working without payments for 20 years. It’s still paying out full payments after 20 years of no contributions and you claim there would still be a problem if they had made the contributions? Open your eyes, you have no idea what you are talking about.

  105. Ben says:

    Hey Pumpkin,

    it’s entirely possible that multiple causes create the problem. That’s the problem with 1-dimensional thinking. You’ll never solve the problem.

    1. No contributions from the state
    2. Gross mismanagement, see link
    http://www.nj.com/news/index.ssf/2008/06/nj_state_pension_funds_invest.html
    3. People ripping off the pension system with inflated payouts
    4. Insane commission payouts to the firms managing it for “performance fees”

    I have a theory that Corzine only became governor so he could gain control of the pension system and notify his Wall Street buddies to front run any major purchases the fund made.

  106. Juice Box says:

    First dusting of snow this morning……

  107. Ben – Pumpkin is a math doofus, not worth your time. As for Corzine’s motives for being elected governor, that is very plausible.

  108. Lost says:

    Ben, my point has always been to dismiss the notion that the pensions are “too lucrative” as the reason why the pension system is in crisis. This is pushed by people on this board and by conservatives in the public. It’s simply not true. That’s why I always question these individuals on how New York’s pension is fine and it pays out more than nj’s on a value basis.

  109. Lost says:

    Sad truth is that people are filled with jealousy. They have a problem paying for a pension of a worker, but for some reason, they have no problem paying the absurd costs of executives. Private and public are a part of the same system, folks. Whether you are paying in cost or paying through taxes, it’s the same thing people. So why as a taxpayer do you feel like you directly pay the cost of a govt worker, but in the private sector you don’t feel like you are directly paying the cost of the private worker? Why flip about public fraud and let it consume your life, yet, ignore private fraud on the basis that you don’t pay for it, so who cares, but when it reality you pay for private fraud in the same way you pay for public fraud. Rant over

  110. Juice Box says:

    Speaking of the Pensions.

    How come THE BIG QUESTION never made it on the Nov 8th ballot?

    You know the one, a constitutional amendment to require the state government to make regular quarterly pension payments?

  111. Lost says:

    The pensions must be payed on the basis of morals and ethics. A deal is a deal. It is what it is, whether you agree or not. Just like people that don’t like trump must accept him and the changes he brings,, this pension obligation must be payed whether you agree with it or not.

  112. walking bye says:

    Steamturd, stop off at “The Pit” next time in Raleigh. great selection of beers and good Barbecue.

  113. Ben says:

    Ben, my point has always been to dismiss the notion that the pensions are “too lucrative” as the reason why the pension system is in crisis. This is pushed by people on this board and by conservatives in the public. It’s simply not true. That’s why I always question these individuals on how New York’s pension is fine and it pays out more than nj’s on a value basis.

    And that’s where you are wrong. I know at least 5 people personally in their 40s that are planning on becoming a supervisor for 3 years prior to retirement to double their payout.

    I know nothing of NY’s pension system, but what I do know is absent payments, NJ’s pension system has also been systematically pillaged by some of the people collecting along with the people managing it. If you can’t admit that, do us a favor and shut up. Btw…I’m the only one here paying for the crap. It’s people like you who consistently act as if you are fighting for me….when in fact, your deflection of part of the problem allows it to permeate unaddressed.

    Does it need to be funded? Sure. Does it need to be cleaned up as well? YES!

  114. Juice Box says:

    Lost – morals and ethics? We are talking about politicians and their promises. We are one recession away from being completely insolvent.

  115. 1987 condo says:

    Lib, that was a great comment in the Yahoo article.
    As far as why NY pensions appear more secure, the best i can come up with is after the bankruptcy in the late 70’s, the various financial control boards that were putbin place imposed strict rules and laws that controlled how the money was to be invested and related fees etc.. As we know, crisis usually is required before things get straightened out, Puert Rico may be the next example.

  116. Essex says:

    12:07 that’s pretty standard and as far as most teachers are concerned there has to be some incentive for becoming a supervisor. Kind of job no one really wants. But that is another story. Once you lose those great summers off if you are a supervisor, you are job another poor slub in an office.

    Pensions are great I say. In both public and private life if you are fortunate enough to have a pension I would say bully for you. I won’t go into details, but I’m hoping pensions are made whole.

  117. Joyce says:

    http://www.azcentral.com/story/news/local/arizona/2016/11/18/report-flagstaff-officer-caught-video-punching-woman-says-she-kicked-him/94082614/

    Another great example of where a cop makes a mistake (incorrectly thinking someone had a warrant out for their arrest) and nothing will happen to him (for that).

  118. I would say that the person who made the mistake was the mouthy woman who would rather resist arrest than be separated from her drugs for too long.

  119. Anon E. Moose, saying 'Come back, JJ' says:

    Lost [11/20; 10:00];

    Ben, my point has always been to dismiss the notion that the pensions are “too lucrative” as the reason why the pension system is in crisis.

    Lost [10/20 10:09];

    Sad truth is that people are filled with jealousy.

    Wow, such cognitive dissonance, just 9 minutes apart. Riddle me this, Mr. TooSmartForNJRER Senior Financial Analyst: If the pension is NOT overly generous, why in the hell would anyone be “filled with jealousy” over it?

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