Now *THIS* is a useful list

From the Star Ledger:

N.J. has too many damn towns. Here are 25 that need to go.

It’s almost spring cleaning season, fellow New Jerseyans, and it’s time we broached a familiar and heretofore unresolved issue in this crazy state: there are just waaaay too many towns here.

New Jersey comprises 566 municipalities, many of which you drive through in less than a minute having never realized that these blips all feature their own mayor, council members and public works people (or person, in some cases).

It stands to reason that fewer public employees on the books would lower taxes in our woefully overtaxed state, so with a blind eye turned to small-town pride — and our tongues in our cheeks, please no threats — here are 25 completely unnecessary New Jersey towns. Merge ’em or wipe ’em off the map completely. Really, who would know the difference?

This entry was posted in Humor, New Jersey Real Estate. Bookmark the permalink.

116 Responses to Now *THIS* is a useful list

  1. chicagofinance says:

    FRIST

  2. chicagofinance says:

    The rent is too damned high

  3. Ex-Jersey says:

    Tillerson. Dunzo.

  4. D-FENS says:

    Replaced with Pompeo. Trump appoints Gina Hapsel — the deputy director at the CIA — will succeed him at the CIA, becoming the first woman to run the spy agency, if confirmed.

    No doubt Democrats will block her. Sexists.

  5. Juice Box says:

    The focus will be on the ouster of Trump’s ball boy John McEntee. What did he know
    about the Russian dressing in the White House pantry and when did he know it?

  6. Ex-Jersey says:

    9:14 no dummy politics

  7. Trentonymous says:

    Tillerson comes down hard on Russia for using nerve agent in public in England.

    Next day Tillerson fired.

  8. Fast Eddie says:

    No doubt Democrats will block her. Sexists.

    Biggest rac1sts I’ve ever known as well.

  9. chicagofinance says:

    What a POS…….. the have a set of balls…… paying 1.5% to reps to push out this sludge….

    Morgan Stanley
    Underlying
    Consumer Price Index (CPI YOY, bberg:CPURNSA)

    Pricing Date
    March 19, 2018 (4PM P1 TRACE)

    Settle Date
    March 22, 2018

    Maturity Date
    March 22, 2028 (10 years)

    Price
    $98.50

    Interest Rate
    Y1: 3.50% Fixed (Regardless)
    Y2-10: Year-over-year change in CPI + 1.00%; NO CAP; 0% coupon floor

    Coupon Frequency
    Monthly Pay / Monthly Reset

  10. Bagholder says:

    ‘No doubt Democrats will block her. Sexists.’

    We should bring back the woman with the dog leash from Abu Ghraib and do this right.

  11. JCer says:

    Not so sure about this list, the Oranges will never and should never merge. East Orange is one of the worst places in NJ, Orange is better but still not good, West Orange is better still but has much more economic diversity and South Orange is nice. If anything South Orange and Maplewood should merge considering they are basically one town anyway.

  12. Fast Eddie says:

    Do towns like Northvale and Norwood really need to be separate? What about Guttenberg? Why West New York?

  13. Juice Box says:

    JCer – the Oranges should be forced to merge they are simply not diverse enough. Orange and East Orange are predominantly African American (75.1% and 89.5%) and West Orange and South Orange are simply put too damm white. They should toss Montclair into the mix and call the new city Montange.

    Some Other towns also should merge for the sake of diversity.

    The Amboys
    The Brunswicks
    The Caldwells
    The Plainfields
    The Ridgefields
    The Wildwoods

    etc

  14. leftwing says:

    Chi, what is that new issue? ETF? Index?

  15. Libturd says:

    Just regionalize at the county level.

  16. Ex-Jersey says:

    10:04 eeeeeediot boi is here! Ohbyaaaas

  17. Ex-Jersey says:

    Fired Sec. of State over Twitter.

  18. Ex-Jersey says:

    Putin runs the US from Russia now Eddie .

    Great again

  19. Phoenix says:

    Some Other towns also should merge for the sake of diversity.

    The Amboys
    The Brunswicks
    The Caldwells
    The Plainfields
    The Ridgefields
    The Wildwoods

    Also,
    The Hatfields
    The McCoy’s

  20. Ex-Jersey says:

    I think you guys should just nuke who State of N.J. and state over.

  21. chicagofinance says:

    TRENTON – So, what’s next for NJ Transit? We will learn today, when the governor promises a “major statement” about this beleaguered rail agency. The grand solution will certainly cost a heap of money, as Murphy must magically reverse declining ridership, chronic maintainence issues and reduced staffing. Fare hikes would certainly appear in the mix, as New Jersey, unfortunately, is not permitted under the U.S. Constitution to print its own money. (We checked.) Here’s an idea to spark ridership: If students want to attend free community college, as the governor has promised, all classes need to be held on NJ Transit trains. Just an idea.

  22. Libturd says:

    Free Marijuana with Monthly Pass?

  23. chicagofinance says:

    It is an MTN…..

    This is the part that makes me puke…..
    (Year-over-year change in CPI)

    WTF? So devious…..it looks like a floater, but it carves out about 300 bps……

    You have a 10Y financial corporate, and the spread is way tight….. I am curious how this will be marked once it trades….. I’d love to pick it up in the secondary market, but you are never able to grad this retail stuff without getting the yield burned off.

    leftwing says:
    March 13, 2018 at 11:15 am
    Chi, what is that new issue? ETF? Index?

  24. You didn't build that says:

    I suspect that at the core of liberal “thinking” is the same kind of pathology that characterizes other mental disorders, i.e., a glitch in the brain that produces “feelings” and behavior over which liberals have no control.

    For instance, liberals are uniformly glum, not only in their grim demeanor and persistent anger, but also in their outlooks. Even in the flush of their victories, they could hardly conceal their endemic rage, in spite of a brief moment of toothy, appliquéd smiles.

    Liberals, like children, live in a world of utopian dreaminess, clinging to a narrow, circumscribed reality and believing that if everyone would just be nice to each other – let’s talk, let’s chat – all the troubles would go away, and all those grownups in the current administration would see the light. And so they do what children do when they’re mad at grownups. They call names.”

    This is because their worldview is uniformly negative. When things are good, they see only the bad. When things could be better, they see only that things could be worse. When their theories are refuted by hard fact, they are unable to process the true from the untrue because their feelings tell them otherwise.

  25. Libturd says:

    3/20 – Another snowstorm. Just warning you all now.

  26. D-FENS says:

    So…looks like Murphy is going to raise the NJ Sales tax

  27. D-FENS says:

    back to 7%. We knew that was going to happen anyway.

  28. Ex-Jersey says:

    12:29 fascinating. The stupid here is strong.

  29. Libturd says:

    The sales tax was cut as part of deal to raise gas tax. Now both gas tax and sales tax are raised. Also, be prepared for the days of automatic annual 4.5% raises for the police to return as Murphy has also let binding arbitration cap to run out. Bend over NJ.

    I’m telling you all. You will wish for the days of Christie to return. I’m not joking here.

  30. Libturd says:

    Essex,

    I kind of have to agree with you. You could easily replace liberal with conservative and it pretty much reads the same way. It’s like a recycled bad joke.

  31. Libturd says:

    BTW, watched Pixar’s Coco last night with the family (free FIOS On Demand rental). What an excellent little film.

  32. ex-Jersey says:

    12:52 I’m tired of the labels … at this point i’m comfortable with classifying people/groups as either Morons or Sensible — that applies to either Party.

  33. ex-Jersey says:

    I admire Trump’s ability to get “things” done, just hope the Things that he is getting done are “sensible”….Jury still out.

  34. Libturd says:

    I call them cheerleaders. They share the same mentality and value system. Goooooo Team!

  35. D-FENS says:

    For the “RUSSIA!!!” narrative to be true. You’d have to believe that Pompeo is weak on Russia.

    Trentonymous says:
    March 13, 2018 at 9:42 am
    Tillerson comes down hard on Russia for using nerve agent in public in England.

    Next day Tillerson fired.

  36. Libturd says:

    Here is the Trump presidency in very few words.

    T acts like rich guy who claims to like the poor guy and beats the rich girl who calls the poor guy deplorable.

    T goes on to fulfill his campaign promises to the poor guy, while raping them financially and transferring their wealth to the rich guys.

    All the party of the rich girl can do is claim Russian collusion, which sticks about as well as Uranium deals and Swiss Bank Account deals did to the rich girl.

    Now we wait and see if any campaign promises actions result in anything greater than another increase to the public debt.

    I’m betting that no class does better than Trump class.

    Same as it always was.

    Though I would argue FOR Trump in that borrowing a trillion to juice the stock market is a much better return on your tax dollar than borrowing a trillion and giving it to your campaign contributors. I guess we lucked out in this election cycle that no one in their right (or left) mind contributed to Trump’s victory besides a bunch of Bannon supporting racists who don’t have a pot to p1ss in!

  37. 3b says:

    Fast other towns could merge too. River Edge and Oradell have a rationalized middle and high school. Total population of both towns under 20k. Problem? River Edge has large rental apartments with lots of kids so Oradell will never agree. Same thing with Washington Township and Westwood, Westwood has large rental complexes Washington Township does not so they won t merge. The state has to force these town mergers.

  38. Libturd says:

    “The state has to force these town mergers.”

    Will never ever happen. Plus, I would also question whether gains based on economies of scale would actually be obtained since our local government is so corrupt. The larger the government, the less transparent and greater the ease of hiding the corruption becomes. Case in point, Montclair versus Glen Ridge. Glen ridge has about 15 retail outlets in the entire town. Montclair probably has about 1500. Yet our property taxes are nearly equal. The crap that goes by in Montclair could never happen in Glen Ridge. For example, a few years ago, the Montclair BOE paid $40,000 to a motivational speaker to speak to the football team for two hours. This was only made public when the c0ach was fired (over something else). Every dollar spent by the GR BOE is detailed in the meeting minutes. I know what every field trip, every substitute makes, every teacher who volunteers to c0ach a sport and what every single school’s running budget is every two weeks. If a student or teacher farts in this town, it’s in the meeting minutes. It’s all manageable due to it’s small size. Heck, we even turned a school principal into the Superintendent since it was cheap. In Montclair, they are on their third of fourth year using interim supers and at quite the cost. The point I am trying to make is that you won’t necessarily save any money by merging towns together. Both towns will want the same number of public workers. You might obtain some minor savings by reducing a few leadership heads, but those remaining will demand more since they will claim they now have greater responsibility. Want to make NJ affordable? Put a 2% unbreakable cap on property taxes. Over time, the other states will catch up. Don’t worry. There will be plenty of millenials to fill those public sector jobs.

  39. 3b says:

    All good points but multiple administrators for small districts multiple police departments and all the rest it’s a lot of money for a collection of small towns but I agree forced mergers will never happen.

  40. joyce says:

    Here’s a laugh for everyone… NJ governments need to learn to do more with less.

  41. Libturd says:

    “NJ governments need to learn to do more with less.”

    Always the easiest and best solution. Will never happen.

  42. No One says:

    Chifi – so thay pay CPI + 1%. At current expectations, about 3% annual yield?
    Am I interpreting wrong – why’s that so bad vs alternatives?

  43. Juice Box says:

    Whoops lots of new use taxes proposed by Murphy..

    1) “Uber”Ride sharing tax
    2) “AirBnb” room rental Tax
    3) Weed Tax
    4) Millionaires tax

  44. D-FENS says:

    great speech by T-Rex

  45. D-FENS says:

    Taxing shore rentals Juice?

  46. Libturd says:

    Read this to understand why your taxes are going way up under Murphy.

    https://www.politico.com/states/f/?id=0000015e-c8b4-d73c-a1fe-f8b6d4d70000

  47. Juice Box says:

    Murphy’s budget highlights.

    Hike spending by nearly $3B to m/t $37B,

    FY19 budget projects 5.7% increase in revenues from proposed tax changes.raise sales tax, legalize marijuana…

    wants to increase NJ Transit funding by 172%

    allowing students from families with incomes below $45K to attend community college tuition-free.

  48. Grim says:

    allowing students from families with incomes below $45K to attend community college tuition-free.

    They should be sent to Princeton regardless of their grades.

  49. Very Stable Genius says:

    @JohnCassidy

    Tillerson survived calling Trump a “fukcing moron” but a day after he criticizes Russia for using a nerve agent to try and kill someone in Salisbury, England, he gets canned.

  50. Very Stable Genius says:

    @PaulKrugman

    Just to belabor the obvious: everything the US right claimed to stand for, except for one thing, turns out to have been a lie. The party of patriotism is OK with foreign powers intervening in US elections, as long as they benefit 1/

    The party of God, personal responsibility, and family values is OK with presidents who pay off adult stars (and House speakers who molest teenage boys) 2/

    The party of fiscal responsibility is fine with running deficits that are unprecedented in an economy neither in a war or a recession 3/

  51. Very Stable Genius says:

    @joshtpm

    So Tillerson stepped down as the CEO of one of the largest corporations in the world to cap his career spending one year being jerked around by a louche New York City shyster. Everybody gets hurt. They almost all deserve it.

  52. Ex-Jersey says:

    Weepy penus this one’s for you: http://www.reverbnation.com/open_graph/song/27803844

  53. Baby Driver says:

    Long time lurker here…

    What would you do with 200k in the bank doing nothing? Suggestions?

    House is paid off. No debts.

  54. Juice Box says:

    re “Taxing shore rentals Juice?”

    Do you think they are going to get an additional $3 billion in tax revenues from the layabouts?

  55. Juice Box says:

    re: “200k” – Beanie Babies, if you can’t find any go for Pokemon, if that does not work Bitcoin…

  56. 3b says:

    Joyce well that’s just too smart!

  57. nwnj says:

    Definite TDS sufferer. Obsessed with all things trump. Fake or not.

  58. 3b says:

    It’s time you simpletons understand NJ can raise taxes as high as they want!! Everybody wants to live here!! Its best you understood that!!

  59. Grim says:

    Dogecoin, get with the times.

  60. Very Stable Genius says:

    @NYDailyNews

    Kennedy
    Dubke
    Reid
    Deare
    Yates
    Flynn
    Comey
    Bharara
    Spicer
    Priebus
    Mooch
    Bannon
    Gorka
    Price
    Omarosa
    Porter
    Raffel
    Hicks
    Cohn
    Tillerson

  61. Juice Box says:

    Tillerson and Cohn etc and anyone else quits or Trump cans in his cabinet get to keep their tax breaks, “bigly tax breaks” more than you will make in your lifetime.

    Section 2634 of federal ethics laws, requires that cabinet level appointees must divest all of their stock holdings (also known as a “certificate of divestiture”). There is no capital gains taxes applied, they only need to serve ONE DAY to get the break too.

    These guys are all lining up for the job, there will be no shortage of fat cats looking to take advantage of Section 2634.

  62. Libturd says:

    Baby Driver

    Put half in VUG.

    Put other half in something less market driven.

    How long before you need to spend the money?

  63. nwnj says:

    Krugman debating a straw man again. Glad to see he’s unhinged as well.

  64. Baby Driver says:

    Wife has already shot down all xxxcoin ideas :(

  65. D-FENS says:

    Sales tax hikes really should help the middle class.

    Promise kept.

  66. Baby Driver says:

    Thanks libturd – i’m already heavy in Vanguard funds including VUG.

  67. Baby Driver says:

    and don’t need this anytime in the near future.

  68. Baby Driver says:

    risky is fine.. as long as it’s not a complete gamble

  69. Juice Box says:

    Dodgecoin was so two months ago, the pump began over the Christmas holidays when it was the talk of the town at all the holiday parties and social media could not shut up about it and then it died a week after New Year’s and remains dead.

    Electronium was showing some promise until last week when their 1/2 million machine malware mining farm was shut down by Microsoft.

    Place your bets…..but don’t leave them on the table too long.

    https://coinranking.com/

  70. You didn't build that says:

    Liberals are intellectually lazy. Like the children they are, their feelings supersede their self-described much-vaunted intellects, rendering them biologically incapable of objective thought or reasoned debate.

    Another symptom of liberal pathology is a deep identification with “victims,” who to liberals are all women, all African-Americans, all Hispanics, all union members, and all denizens of Third World countries, as well as anyone else they perceive as being either “victimized” by big, bad corporate America or by those subscribing to conservative ideology.

    This is because suffering, or perceived suffering, animates them, makes them feel useful, like saviors, and, of course, “good.”

    Yet another symptom of liberal pathology is childlike insecurity. Adults, to be sure, have insecurities and go about dealing with them in adult ways, for instance taking courses or acquiring skills to become more proficient in this or that area. But adults don’t routinely ask 100 people what they think before making a decision, then act on that collective decision, then change their minds if they get a different consensus based on another 100 opinions.

    The liberal constantly defends himself against the most basic of human fears: being alone and helpless in a dangerous, indifferent world, the nightmare of the abandoned, terrified child. Persons plagued with such fears easily conclude that it is in their greatest interest to dominate others, or to imagine that they can, and to set about achieving that goal through the manipulation of government power.”

    And what does this domination and manipulation lead to? It is nothing less than the “liberal agenda’s principles of coercive collectivism in which the citizen’s choices will be influenced by ideals of entitlement, welfare dependency, state regulation and moral relativism.”

    The liberal is not called to maturity but is instead invited to begin a second childhood. Like the child at play, he is given, or at least promised, ultimate economic, social and political security without having to assume responsibility for himself.

  71. Baby Driver says:

    you didn’t build that…
    Where did you copy-paste this sh1t from?! a Russian blog?

  72. Baby Driver says:

    Why is always about the “messenger”.. and not about the message, Mr. You didn’t build whatever?

    Have you seen DeVos interview? What do you think of Education in her hands? Don’t fall for the * childish * name calling and talk about the actual affects of the issues will you?

  73. Libturd says:

    BD,

    It’s drivel from a conservative nurse who takes umbrage against the liberal position in regards to the state of Israel. I do too, but my entire political position does not revolve around one position. People need to learn to think for themselves. I’ll leave it at that.

  74. The Great Pumpkin says:

    Serious question here. What is the impact on the economy of lowering taxes by eliminating all these govt positions? Rich pay the most taxes, so the benefit will mostly go to them. Now that the money is not being redistributed from the rich down to these govt workers, how will it impact spending in the economy?

    It sounds crazy, but won’t this hurt business growth in the economy with the majority of money being made remaining in the hands of the rich.

    Will they pick up the spending to drive growth? If they don’t, how will the economy grow? Investment opportunities are not infinite. Investment has a clear relationship to spending in the economy. They both balance each other. So what happens when you give the investment class a ton of money at the expense of the spending class through the elimination of govt spending (killing jobs) to lower taxes?

    Wouldn’t the result be that you have a lower tax rate, but end up taking home less overall money due to the huge cutback in spending that was used to lower taxes?

    I’m just thinking here, and don’t have the answer. So care to explain anyone?

  75. The Great Pumpkin says:

    What’s the result of this? Rich losing money as investments sour due to much lower spending not being able to support a return on said investments? Only way you get a return on an investment is through others spending. So lower the ability to spend in the consumer class and increase the supply of capital to the investment class will grow the economy?

    Just not making sense to me, there has to be an optimum balance between investments and spending.

    “Will they pick up the spending to drive growth? If they don’t, how will the economy grow? Investment opportunities are not infinite. Investment has a clear relationship to spending in the economy. They both balance each other. So what happens when you give the investment class a ton of money at the expense of the spending class through the elimination of govt spending (killing jobs) to lower taxes?“

  76. Very Stable Genius says:

    @TomNamako

    Trump’s personal assistant, John McEntee, was escorted out of the White House on Monday due to an unspecified security issue. He was was removed from the White House grounds on without being allowed to collect his belongings: WSJ

  77. The Original NJ ExPat says:

    12:29 Who but an out-of-control child – who didn’t know any better – would compare our heroic fighting troops to Nazis? Liberal Senator Dick Durbin (D-IL) did.

    Who but a bully of a child would say that the head of his household (in this case his country) was a liar? Liberal Senator Ted Kennedy (D-MA) did.

    Who but a spoiled “princess” would call the leader of her country a failure, a fraud, and incompetent? Liberal House Speaker Nancy Pelosi (D-CA) did.

    Who but a snobby and vacuous little brat would badmouth the president on foreign soil while our troops were in harm’s way? Liberal Senator John Kerry (D-MA) did, as did liberal former presidents Jimmy Carter and Bill Clinton.

    And who but a jealous tomboy would insist, again in a time of war, that the Commander in Chief is the worst president in our nation’s history? Liberal Senator Hillary Clinton (D-NY) has done just that.

  78. Very Stable Genius says:

    @SenJohnMcCain

    As we hope for the recovery of Sergei & Yulia Skripal, we must recognize #Putin will not hesitate to engage in state-sponsored assassination.

    He must not be allowed to treat the UK or any other nation as a venue for political murder.

  79. Ex-Jersey says:

    3:30 clearly the best person for Ed Sec is someone who wants to burn down that system.

  80. The Original NJ ExPat says:

    You can get a 1 year CD paying 2%.

    Long time lurker here…

    What would you do with 200k in the bank doing nothing? Suggestions?

    House is paid off. No debts.

  81. The Great Pumpkin says:

    Money is nothing more than a store of value, correct? When you buy something, you are simply trading, right? So if you put the majority of this value in a few hands, how can the other participants continue to trade?

    Aren’t taxes the best means of redistributing this wealth, since it’s simply impossible for the rich to redistribute this wealth on their own? I mean they can start hiring people for do nothing jobs or simply give it away, but that’s not going to happen since taxes are a much more efficient way of redistributing that value to the rest of the economic system.

    So many of you are against taxes/redistribution, so I’m asking why? Can the economy grow without redistribution?

  82. The Original NJ ExPat says:

    Yesterday was a great day. No Pumpkin splooge. Criminals beget dishonest progeny, I guess.

    The Great Pumpkin says:
    March 13, 2018 at 8:07 am
    Will try my best to continue making this a pumps free zone. Your welcome.

    The Original NJ ExPat says:
    March 13, 2018 at 1:39 am
    Pumps – I mean this sincerely – Thanks for allowing us to have a nice day.

  83. The Original NJ ExPat says:

    New study word for your next crack at passing your GED.

    be·get
    bəˈɡet/Submit
    verb literary
    1.(typically of a man, sometimes of a man and a woman) bring (a child) into existence by the process of reproduction.

  84. The Great Pumpkin says:

    Just looking for answers. Trying to make sense of it all. Not here to call each other names, just looking for answers.

  85. The Great Pumpkin says:

    You seem to know it all, so please explain it to me!

  86. The Great Pumpkin says:

    “There’s a curious fact about the wealth and growth of nations that you rarely see mentioned: No country has ever joined the modern, high-productivity, rich-country club without massive doses of redistribution, and universal government programs for social support and financial security. Not one. Ever.”

    http://evonomics.com/whats-the-secret-to-joining-the-rich-country-club/

  87. The Great Pumpkin says:

    “There are a zillion other measures you could plot, but they paint roughly the same picture. In this measure, the richest countries all devote fifteen to thirty percent of GDP to social spending. As Bruce Bartlett pointed out recently, Germany — a darned “conservative” country that is thriving today, and which rode out our recent economic Great Whatever better than almost any other country — started building its welfare state more than 150 years ago.

    Now contrast these countries to all the countries that have eschewed those freedom-sapping, serf-ifying government programs, and that have emerged as thriving, prosperous utopias of liberty.

    Name one.

    Why hasn’t it happened? Not even once.

    If countries like that were in fact so economically efficient, shouldn’t we expect to have seen at least one of them emerge, and surge ahead of all the rest — outcompeting all the others, in a very Darwinian sense? Isn’t that the prediction that libertarians and conservatives are making? How can we explain the complete and abject failure of those predictions?”

  88. The Great Pumpkin says:

    That’s what google told me.

    The Original NJ ExPat says:
    March 13, 2018 at 4:48 pm
    http://www.google.com

  89. The Great Pumpkin says:

    I swear to you, that I didn’t read any of this before. I just questioned this on my own and drew conclusions. Now I see that based on the data, I was dead on.

  90. joyce says:

    She’s is a horrible candidate for Secretary of Education not because of her allegedly ideology but because of her overall incompetence.
    That said, I do not understand why people are shocked when bureaucrats work to undo or undermine a government agency if doing so fits in with their ideology.

    Ex-Jersey says:
    March 13, 2018 at 4:30 pm
    3:30 clearly the best person for Ed Sec is someone who wants to burn down that system.

  91. chicagofinance says:

    No One says:
    March 13, 2018 at 2:03 pm
    Chifi – so thay pay CPI + 1%. At current expectations, about 3% annual yield?
    Am I interpreting wrong – why’s that so bad vs alternatives?

    No One…… look more closely….. not CPI => change in CPI

    chicagofinance says:
    March 13, 2018 at 10:10 am
    Morgan Stanley
    Maturity Date
    March 22, 2028 (10 years)

    Price $98.50
    Interest Rate
    Y1: 3.50% Fixed (Regardless)
    Y2-10: Year-over-year change in CPI + 1.00%; NO CAP; 0% coupon floor

  92. Fabius Maximus says:

    Yes both sides are the same.

    I suppose these numbers are skewed as about 2/3rds are attributed to Saint Ronnie.
    https://twitter.com/OversightDems/status/973586603074641921

    Trump has 168 as his number to beat. I think he has a shot!

  93. Fabius Maximus says:

    Juice,

    McEntee is interesting as he was walked straight out the door. Apparently not allowed back to his desk. Must be very interesting financial irregularities.

  94. Fabius Maximus says:

    Funny.

    https://twitter.com/prchovanec/status/973595067406483456
    Tillerson: Russia obviously poisoned the guy.
    Trump: You’re fired.
    Press: You fired him for saying that?
    Trump: No, I fired him on Friday.
    Tillerson aide: He wasn’t fired on Friday, it came as a complete surprise.
    Trump: You’re fired too.

  95. Fabius Maximus says:

    Donnies next cabinet meeting.

    https://www.youtube.com/watch?v=iD-j4eIjQ5c

  96. Fabius Maximus says:

    D-FENS
    “will succeed him at the CIA, becoming the first woman to run the spy agency, if confirmed.
    No doubt Democrats will block her. Sexists.”

    Are you not being sexist by implying that she cannot qualify for blocking on her own merits?

    https://twitter.com/SenJohnMcCain/status/973643361922895872

  97. Fabius Maximus says:

    Juice

    ” no shortage of fat cats looking to take advantage of Section 2634.”

    That was the alarm bell that started ringing for me with Donnie. He was the only one who did not take advantage of that. He is not one to leave a penny on the table. Remember him billing the campaign for Trump Water used at Trump properties during campaign stops.
    Donnie had the golden ticket to restructure his empire Tax free. He could have sold it to the kids full freight and backed the debt himself. But not one penny taken. That says that he is in debt up to his eyeballs and is tapped out. So when I hear that people own him. Its not that far fetched for me.

  98. Libturd sporting Tiger Wood says:

    “So when I hear that people own him. Its not that far fetched for me.”

    You do understand how developers leverage each property against the next property for the tax advantage and to increase cash flow?

    Developers like Trump have little paper wealth. But if you were to sell off all of his properties, there’s probably a pretty penny to be had.

    You do realize that he owns 35 luxury properties.

  99. Libturd sporting Tiger Wood says:
  100. The Original NJ ExPat says:

    Q. What do you call someone who likes to hang our with musicians?
    A. A drummer.

    Q. What do you call someone who likes to hang out with educated people?
    A. Pumps.

  101. Juice Box says:

    Look no further than Trump’s exposure to the state bank of china, last estimated at 900 billion.

  102. Fabius Maximus says:

    Stu,

    I get that, but I would assume that most of the deals are self standing. I would also ask for the definition of “Own”. I had always assumed he owned Trump hotels, turns out he only leases the name.

    Overall the golf courses are not looking too healthy.
    http://fortune.com/2017/10/09/trump-golf-courses-scotland/

    Even with all that he could have set the kids up with the worlds best cost basis!

  103. Juice Box says:

    Oops million not billion

  104. Fabius Maximus says:

    Stu,

    Release the tax returns and we get a better picture

    https://www.townandcountrymag.com/society/money-and-power/a9162094/donald-trump-net-worth/

    The 98-page disclosure form, which was signed by the president, covers January 2016 through April 15, 2017. It reveals that Trump’s assets are worth at least $1.4 billion and that he made $288 million in income from his golf courses—including $19.8 million from his Bedminster golf club—and $37.2 million from Mar-a-Lago in Palm Beach.

  105. The Great Pumpkin says:

    Yup.

    “It’s always astonishing how supply-siders think producing more goods makes us wealthier, when in reality it is the ability of people who want those goods to buy the goods that makes us wealthier. Production of goods “for sale” is pointless without a sufficient market of people whose demand is backed up with money to buy what they want. And as Steve Roth points out, as work is mechanized and less workers produce more goods, trying to distribute the outputs only to people who earn incomes by contributing to production of the outputs, is just arithmetically illiterate. JS Mill, and Marx, both recognized this consequence of industrialization when they published in 1848. Moving forward, a welfare state and/or a basic income — funded with money that is issued debt-free by governments — will become increasingly necessary in order for producers to sell their outputs.”

  106. The Great Pumpkin says:

    You might have more knowledge than me due to age, but you are not more educated than me. Don’t get it twisted.

    “Q. What do you call someone who likes to hang out with educated people?
    A. Pumps.”

  107. The Great Pumpkin says:

    It’s becoming clearer by the day that a good portion of the population is not needed to produce, only to consume to keep the economy going. Yet, you have some advocating to lower the social welfare net. Seems like it’s inevitable that you will have to increase it to keep the economy going as the means of production moves on from human labor. The horse was replaced, and we are on the same path. Horses did a lot of the work for the economy at one time, now they are only a novelty.

    “as work is mechanized and less workers produce more goods, trying to distribute the outputs only to people who earn incomes by contributing to production of the outputs, is just arithmetically illiterate.”

  108. Grim says:

    Spent 3 days at SXSW talking about AI, robotics, and automation.

  109. The Original NJ ExPat says:

    Why travel? Pumps vomits here from the comfort of his uncomfortable marriage.

    Spent 3 days at SXSW talking about AI, robotics, and automation.

  110. The Original NJ ExPat says:

    Bachelor’s of Science in Electrical Engineering with Computer Science Emphasis, graduated Cum Lauda. You?

    Hahahahahahahahahahahhahaha!!!!

    You might have more knowledge than me due to age, but you are not more educated than me. Don’t get it twisted.

  111. The Original NJ ExPat says:

    School of Hard Polish Criminal Knocks?

  112. The Original NJ ExPat says:

    Absentee Father U? Bank of Nana?

  113. The Original NJ ExPat says:

    Masters in Found a Stupid Polish Blonde to Marry Me?

  114. The Original NJ ExPat says:

    Looks better than it smells, I bet.

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