Murphy taxes online sales

From InsiderNJ:

Now Law: Burzichelli & Moriarty Bill to Require Marketplace Facilitators & Certain Remote Sellers to Pay NJ Sales Tax

Legislation sponsored by Assemblymen John Burzichelli and Paul Moriarty to ensure a level playing field between brick-and-mortar businesses and online marketplace providers like Amazon, and bring in needed revenue to the state has been signed into law.

The new law (A-4496) will require certain remote sellers and online marketplace facilitators to collect and remit sales tax. It was signed today by Gov. Murphy.

“This will help provide parity among brick-and-mortar businesses and online marketplaces and provide the state with needed revenue,” said Burzichelli (D Cumberland/Gloucester/Salem). “Online marketplaces have made it easier for interstate and international commerce, allowing many businesses to circumvent state sales tax requirements. New Jersey based businesses have to abide by the sales and use tax law, and so should any company who does substantial business in the state.”

New Jersey could gain between $216 million and $351 million as a result of this legislation—about 2 to 4 percent of total 2016 state and local government general sales and gross receipts tax revenues— according to the United States Government Accountability Office (GAO) study in November 2017.

Forty-five states and the District of Columbia levy taxes on the sale of goods and certain services, including those sold remotely, such as over the Internet.

Under the law, if a seller does not have a physical presence in the state but has revenue from sales into the state in the calendar year, or prior year, in excess of $100,000, the seller must collect taxes. The same rule will apply to a seller with 200 or more separate transactions into the state in a calendar year or in the prior year.

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

128 Responses to Murphy taxes online sales

  1. Beer Queer says:

    Beeeeeeer I like beeeeer

  2. The Original NJ ExPat says:

    3am pacific time – do you know where your vodka is?

  3. chicagofinance says:

    microdik

  4. Juice Box says:

    Excellent show of character by Ms. Leland Keyser. My understanding is that she is a Democrat, so she presumably is opposed to judge Kavanaugh’s nomination. Glad to see that she didn’t allow partisanship to sway her into telling a lie to bolster Ford’s story. Now where is the arrests warrant for witness tampering?

  5. Grim says:

    Oh boy, those were her words?

    Paywall, can’t read it.

  6. joyce says:

    Pretty sure you’ve posted multiple times in the 2am-3am ET time frame, give or take. And it wasn’t too long ago either.

    The Original NJ ExPat says:
    October 5, 2018 at 6:29 am

  7. 1987 Condo says:

    Job guess: 189k

  8. MAGA2020 says:

    That was my theory, Christin the liar thought that her friend would back the bogus story. Of course in the end we’re going to find out every detail of Christine’s story was a lie. She’s a radical and cooked up the whole takedown attempt. Metoo movement sacrificed for the sake of furthering the left’s political agenda, though with their track record it never meant anything to them anyway.

  9. Not ARandianNutJob says:

    From yesterday’s Bloomberg Article regarding Chinese chip implants in hardware.

    If you really want to know, why is so bad, well read link below. But in short, DOD wants to move all DOD War fighting and support to the cloud. Amazon Cloud is the likely provider, against protest of IBM et al. t’s why Amazon is likely to have their 2nd HQ in the DC area if they win.

    So think, if Amazon’s Cloud Server’s are already compromised by hardware creating access to Trojan horses.

    Chinese Chips + Amazon + JEDI
    https://defensesystems.com/articles/2018/07/26/jedi-hits-the-street.aspx

  10. 1987 Condo says:

    Actual Jobs: 134k ( up revisions to prior months)

    Unemployment: 3.7% (lowest since 1967)

    Wage Growth: 2.8% annual yoy

  11. 1987 Condo says:

    Sorry, lowest UE since 1969

    +80,000 jobs to last month, that was the revision

  12. The Great Pumpkin says:

    At least the WSJ acknowledges that my calls were inconceivable at the time. Something none of you care to acknowledge. Hands down, amazing calls.

    “Now Hiring: No Degree Required
    The September employment report is expected to show another solid month of job growth and a historically low unemployment rate. After a record 96 consecutive months of job creation, what do we have? “A view of the U.S. labor market that was inconceivable just a few years ago; the threat of labor shortages is more acute in blue-collar and low-paid services occupations than in white-collar occupations,” say Conference Board economists Gad Levanon and Frank Steemers.”

  13. 3b says:

    Juice did I miss something on the Ford thing?

  14. Fast Eddie says:

    Juice Box,

    It took me a while to come to my senses. This woman, Ford, is a full blown loony tune. I paused and listened carefully to her story. And then yesterday I told myself that this is one of the biggest shams the democrats have ever tried. That woman is a sociopath. Someone here said she probably still has all her dolls from childhood. Not only would I agree but I think she plays with them and rocks them to sleep at night. She never shed one tear on that stand and yet her three year old sounding voice cracked and whimpered through the whole thing. This was an epic reach and borderline sadistic. And how can any left-leaning to moderate voter pull the lever for this bunch? Did you see the freak show in the guise of protesters on the news?

  15. 3b says:

    Thanks Grim.

  16. Juice Box says:

    Again there is evidence of witness tampering.

    “the FBI sent the White House and Senate an additional package of information that included text messages from Ms. McLean to Ms. Keyser”

    I commend Ms. Leland Keyser again for being truthful during the FBI investigation.

    Ms. McClean’s background.

    She worked for the FBI/DOJ, and most recently was working with the SDNY as a Public Information Officer for the FBI New York Field Office. SDNY is where Preet Bharara formerly worked as AG until he refused to quit as was fired by Trump.

    She “retired” in 2016 after 24 years on the job. She now works as an “Independent Consultant” according to her LinkedIn profile.

  17. Juice Box says:

    Musk needs to put down the phone.

    “Just want to that the Shortseller Enrichment Commission is doing incredible work. And the name change is so on point!

    — Elon Musk (@elonmusk) October 4, 2018”

  18. Bystander says:

    Yep, I heard from a really smart economist that a beer store was hiring, which is a sign of a great job market for all.

  19. Fast Eddie says:

    Bystander,

    Are you working?

  20. ExEssssssex says:

    Eddie you seem extra gay today.

  21. Bystander says:

    No need to go there again Eddie. We all know your stance on how great everything is now. It was a bust on Blumpy who literally stated a few years back that beer store was hiring so job market was good. I don’t think much has changed except burger flippers and dishwashers are doing better.

  22. ExEssssex says:

    Baba Boooey

  23. MAGA2020 says:

    Scoreboard check
    Trump – 101
    Resistance – 0

  24. Comrade Nom Deplume, a Taxing Individual says:

    Even after Wayfair, the taxation of online sales is going to be an issue and a problem. NJ can try to collect tax on a seller with no physical presence in NJ but there are still jurisdictional and enforcement issues. The out of state seller can simply ignore NJ’s demands, and even ignore a default judgment issued in a NJ state court. Smaller sellers can simply set up subs and run business through them in order to limit the hit. There are a lot of ways to skin this cat.

    Larger sellers are likely already remitting because they have presence in NJ. So the real effect of this law is likely to be minimal. And if the Goodlatte proposal gets any traction, states without sales tax will see a boom in corporate registrations and NJ gets nothing.

  25. D-FENS says:

    It’s getting Nasty in the Menendez/Hugin senate race…

    https://newjerseyglobe.com/congress/ex-dem-councilwoman-hurls-racist-slur-at-hugin-backer/

    Kathleen Murphy, a former Democratic councilwoman from River Edge, is facing criticism this morning for a racist Facebook post aimed at an African American Democrat who endorsed Republican Bob Hugin for U.S. Senate on Thursday.

    “Maybe called around and this place had a free opening in their schedule? Anyway, Good Luck being the shoe shine boy for Hugin. Hope it pays well,” wrote Murphy, who served on the council from 2011 until her sudden resignation two years ago.

    The post came after Demetrius Terry, who had been active in the New Jersey College Democrats, announced that he was switching his personal endorsement from Bob Menendez to Hugin.

    Shoe Shine Boy has long been viewed as a racist comment.

  26. Libturd...look me up in Costa Rica says:

    “Someone here said she probably still has all her dolls from childhood. ”

    One plays with dolls, and the other is a drunken hoarder (30 year old calendar).

    It’s about even.

  27. Bystander says:

    Comrade,

    CT pulled this sh$t last year and NewEgg complied. They sent 5 years of consumer data to CT DRS. I received a letter that I may owe tax on Chromebook purchase from 2014. NewEgg quickly sent apology letter to customers that they should have communicated the disclosure. Needless to say I bet Newegg sales in CT are down significantly.

  28. D-FENS says:

    Kavanaugh was very involved in the Ken Starr investigations….that’s triggering for older Clinton era democrats. I really think that’s what is behind this.

  29. Libturd...look me up in Costa Rica says:

    I think one positive comes out of all of this. It has become incredibly evident that a two-party system is incredibly dumb. Especially when both parties have reached the point of corruption where really, anything goes.

  30. The Great Pumpkin says:

    Was the anecdotal evidence not a sign of things to come? Sorry that I’m able to infer based on what I see around me.

    Bystander says:
    October 5, 2018 at 10:12 am
    Yep, I heard from a really smart economist that a beer store was hiring, which is a sign of a great job market for all.

  31. backtobasics says:

    @Maga20/20
    Scoreboard check
    Anyone over 55 who isn’t a minority or a woman – 101
    The rest of us – 0
    But I guess that’s exactly how you want it.

  32. joyce says:

    I did find it funny that he got so emotional over his and his father’s calendars. I just assumed his father had passed away and it had something to do with that. Nope, his dad was sitting right behind him the whole time. (didn’t realize as no one mentioned this until I caught Jon Oliver’s show on HBO)

    Libturd…look me up in Costa Rica says:
    October 5, 2018 at 11:27 am
    “Someone here said she probably still has all her dolls from childhood. ”

    One plays with dolls, and the other is a drunken hoarder (30 year old calendar).

    It’s about even.

  33. Boomers-MainIngredient inSoylentGreen- Start Grinding them now says:

    Who are the over 55 years old = Boomer Locust Generation. Whose main quality is intellectual and moral bankruptcy.

    backtobasics says:
    October 5, 2018 at 12:19 pm
    @Maga20/20
    Scoreboard check
    Anyone over 55 who isn’t a minority or a woman – 101
    The rest of us – 0
    But I guess that’s exactly how you want it.

  34. The Original NJ ExPat says:

    I though it was something that Italians said to each other in jest.

    “Go get your shine box!”

    When I worked in midtown I used to get my shoes shined about every third day or so at PA, always went to the same guy. I used to give a gospel singer a $1 every day in the hallway that led to the 7 train. The singer used to take my folded up dollar and say to me, “Have a blessed day!”. Those were the good times, before liberals, as is the case now, took up the other Good Fellas line, “Fu.ck you! Pay Me!”

    Shoe Shine Boy has long been viewed as a racist comment.

  35. The Original NJ ExPat says:

    I wonder what would happen to the tax base of your better communities if you could just snap your fingers and eliminate from the landscape 55+ year old white men (and their incomes, intellect, leadership, and taxes paid)? Who is John Galt?

  36. The Great Pumpkin says:

    “In the US, young lawyers already don’t get jobs. Because of IBM Watson, you can get legal advice (so far for more or less basic stuff) within seconds, with 90% accuracy compared with 70% accuracy when done by humans.”

    “Real estate will change. Because if you can work while you commute, people will move further away to live in a more beautiful neighborhood.”

    http://www.gulf-insider.com/lives-will-change-dramatically-20-years-ceo-mercedes/

  37. The Original NJ ExPat says:

    I care less about the two party system than I do about career politicians. I’m all for throwing out all incumbents, of every party. I didn’t even think about them getting thrown out in their primaries until Eric Cantor was “Cantored”. I like that as the best course of action. Show the elites that they don’t even have any support within their own party.

    I think one positive comes out of all of this. It has become incredibly evident that a two-party system is incredibly dumb. Especially when both parties have reached the point of corruption where really, anything goes.

  38. The Original NJ ExPat says:

    Wouldn’t it be great if we had our own virtual smoke-filled rooms? I bet we could build a coalition to throw both Schumer and McConnell out as a fair trade, right?

  39. Juice Box says:

    re: Menendez/Hugin

    Oct surprise? Does Hugin trot out the Dominican H*o*o*ke*rs, who were underage?

  40. Libturd...look me up in Costa Rica says:

    I agree with you on term limits. Two and out.

  41. Libturd...look me up in Costa Rica says:

    Menendez will win. The force is too blue in these parts.

  42. HEHEHE says:

    “Beeeeeeer I like beeeeer” whether intentional or not statements like that play well with Middle America.

    I believe the Kavanaugh hearing will be studied by political operatives for decades.
    Republicans were wise to use the female prosecutor to ask the questions. Less footage for the Democrats to use in the political ads; same with Kavanaugh’s feisty answers to some of the Dems Senators questions re his drinking.

    Dems lost this one and I think this circus is going to really negatively impact their midterm results. They didn’t need to convince the average #MeToo activist to vote Democratic as most of them were in the first place. They needed to convince Independents and Republican females that this was a clear cut sexual assault. I think majority of those people either don’t believe the allegations (accuser seemed troubled and couldn’t remember many details), can’t believe they are drumming up stuff from this guys high school and college days, and probably most importantly many of these people have high school and college age sons, nephews etc. and are just as concerned with them getting accused of some bs. charge as they are of their daughter/niece etc. getting assaulted.

  43. Juice Box says:

    Term limits I am in favor of as well, however, the Supreme Court ended the debate in 1995, and consolidated power further away from the states.

    https://en.wikipedia.org/wiki/U.S._Term_Limits,_Inc._v._Thornton

  44. Libturd...look me up in Costa Rica says:

    I still don’t agree HeHeHe. We’ll see at the mid-terms. I suggest you get in touch with your feminine side. You know, the one that knows that:

    91% of victims of rape and sexual assault are female.
    1 out of every 3 women in the US have experienced a violent sexual assault.

    So even though there is no evidence (as predicted). The Dems were going to win anyway. If you don’t understand what I am saying, then ask your wife.

  45. Juice Box says:

    Lib – re:Menendez – 11/29/2031

    That is the release date for SALOMON E MELGEN from the Miami FCI.

    Who is to say he won’t or didn’t already provide information?

  46. Juice Box says:

    re: then ask your wife.

    No way!!

  47. HEHEHE says:

    “In the US, young lawyers already don’t get jobs. Because of IBM Watson, you can get legal advice (so far for more or less basic stuff) within seconds, with 90% accuracy compared with 70% accuracy when done by humans.”

    I work in this field. The above statement is the biggest crock I’ve heard in my life. AI is hands down the most overhyped technological development in decades. The results from most AI products in the legal field are terrible and do not outperform traditional legal databases. Maybe in 50 years but right now they are terrible.

  48. Libturd...look me up in Costa Rica says:

    Vix is up another 15% today.

    Had you listened to Grim, you would have made nearly 50% in two days!

  49. Not Ex-Patt says:

    I wonder what would happen to the tax base of your better communities if you could just snap your fingers and eliminate from the landscape 55+ year old white men (and their incomes, intellect, leadership, and taxes paid)?

    About their income – they are probably non-productive retired or rentiers. About their intellect and leadership – well is has not looked to good since they have been in governmental and corporate leadership. Taxes – what taxes, with all the tax cuts from Trump and benefits given to 55+; frankly you are overdrawn as a generation.

    Who is John Galt?

    A fantasy character in a lunatic’s fiction story. Who sounds like he need to enter “Logan’s Run Carousel” to be made into Soylent Green for all his generational cohorts

  50. HEHEHE says:

    “I did find it funny that he got so emotional over his and his father’s calendars.”

    Personally I found the fact he maintained a daily calendar in high school more disturbing than that partying and alleged assault.

  51. Blue Ribbon Teacher says:

    I though it was something that Italians said to each other in jest.

    Still to this day, we say “what am I a schmuck on wheels?” in my family because of Goodfellas.

    At my last job, we also nicknamed this guy at work Jimmy “two times” because his name is James and he has to send out a second email correcting the mistake in his first.

  52. 3b says:

    It’s actually para legal s that are having the biggest negative effects on attorney employment they do most of the work and in many cases do it better and they are a lot cheaper. Too many went to law school. I saw something in the WSJ a couple of years ago that said if you are not practicing law within 5 years of graduating law school it’s more than likely you will never practice.

  53. HEHEHE says:

    Big problem for young attorney’s is the refusal by many clients of firms to pay for their work. They don’t mind paying $900 an hour for an associate with 5 years experience. They have a big problem paying $500 for some kid out of law school. Client’s push the cost, or at least a larger chunk of it, of getting the younger attorneys experience back onto the law firms so law firms then hire fewer new associates.

  54. Libturd...look me up in Costa Rica says:

    “Personally I found the fact he maintained a daily calendar in high school more disturbing than that partying and alleged assault.”

    #metoo

  55. HEHEHE says:

    Sometimes I wonder the heights of the professional and educational summits I’d have crested by now in my life if I had maintained a daily calendar in high school.

  56. D-FENS says:

    Menendez has come back before…I think he was down in the polls during his 2006 election…then won by double digits.

    You can’t out vote dead people

  57. Juice Box says:

    Somebody call Interpol the head of Interpol is MIA. He was taken away by “discipline authorities” in China.

    https://www.bbc.com/news/world-europe-45761466

  58. Juice Box says:

    re: “Menendez has come back before…”

    One wonders if he will have enough cash on hand to distribute on Election day. Those dead people aren’t cheap….

  59. Fast Eddie says:

    Anyone over 55 who isn’t a minority or a woman – 101
    The rest of us – 0
    But I guess that’s exactly how you want it.

    What a crock of sh1t. Who’s stopping you from making money? Who’s stopping you from starting a business. Yeah, white, older guys are privileged. Hahaha! I know, older, white guys need to pay their fair share, right? Remove the income and tax dollars of the earners and you’re left with Mogadishu. One thing I love about Murphy though, he approved gambling and soon to approve p0t. Who do you think smokes weed and gambles the most? It may be an occasionally thing for the older, white guy but it’s a way of life for the so-called “less fortunate” folks. They need to pay their fair share too, in the form of $300 million in new tax revenues. Be careful what you wish for.

  60. No One says:

    Italy and Greece have lots of political parties and they are very corrupt. China has one and it’s very corrupt. Having two parties isn’t a key driver of corruption. When government is set up not to protect every individual’s rights, but instead is set up to bestow goodies for some parties at the expense of others, and when you have to get constant permission from government to live your life, that’s what sets the stage for corruption. Because bureaucrats with the power to spread the wealth around will take their fees for doing so.

  61. Blue Ribbon Teacher says:

    Just think, 30 years from now, they’ll be digging up facebook photos/posts and google calendars of the supreme court nominees.

  62. HEHEHE says:

    The Situation from The Jersey Shore just got 8 mos in prison for tax evasion.

  63. The Great Pumpkin says:

    Mercedes ceo wrote that, although it’s opinion based, I think he is on to something. The machines are coming and not a damn thing we can do about it.

    HEHEHE says:
    October 5, 2018 at 1:11 pm
    “In the US, young lawyers already don’t get jobs. Because of IBM Watson, you can get legal advice (so far for more or less basic stuff) within seconds, with 90% accuracy compared with 70% accuracy when done by humans.”

    I work in this field. The above statement is the biggest crock I’ve heard in my life. AI is hands down the most overhyped technological development in decades. The results from most AI products in the legal field are terrible and do not outperform traditional legal databases. Maybe in 50 years but right now they are terrible.

  64. 3b says:

    Para legal also don’t have the arrogance many of these young law school graduates have.

  65. HEHEHE says:

    “Mercedes ceo wrote that, although it’s opinion based, I think he is on to something. The machines are coming and not a damn thing we can do about it.”

    Doesn’t surprise me a CEO wrote that. All they do is read headlines and collect paychecks.

  66. The Great Pumpkin says:

    Why do you need to go to a lawyer or doctor to diagnose a problem when a program can be created to do that? Like the Mercedes Ceo alludes to, only special!sts will survive this, the majority of the jobs in these fields will be eliminated. The hope is new jobs are created that didn’t exist in these fields before.

  67. HEHEHE says:

    Because the AI products don’t work any better than the current products and the current products haven’t done anything to reduce the demand for legal services. The guy’s a clown talking about stuff that he doesn’t even know about.

    AI in it’s current capacity isn’t better than our current technology. IBM Watson beat the dude at Jeopardy but it took forever for them to get it to do it and the amount of computer power IBM had to dedicate to doing it is nowhere near financially feasible to make AI work for other purposes.

  68. HEHEHE says:

    “Paralegal also don’t have the arrogance many of these young law school graduates have.”

    I am sure we could swap stories :)

  69. HEHEHE says:

    Btw Pumpkin, I didn’t mean to offend, I am not saying that AI and robotics aren’t our future in the long run. My point is the hype is so outrageous that they are making it sound like things that are likely to happen 50-150 years from now are going to happen in the span of the next 5-10 years. I have to deal with lawyers asking me to look into these AI products they see mentioned in these “advertorials” the start-ups are aggressively getting placed into legal pubs alongside skewed “surveys” the same start-ups conducted. You get the product in and play around with them and see they aren’t any better, and in most cases worse, than the current non-AI products. I meet every couple months with colleagues from other law firms and we for the life of us can’t believe the press these companies are getting when their products are so mediocre.

    It’s similar to the study done on SEC filings where if a company throws the word “block-chain” into the filing their stock price goes up.

  70. PumpkinFace says:

    The irony and self-delusion is hilarious.

    The Great Pumpkin says:
    October 5, 2018 at 2:23 pm
    Why do you need to go to a lawyer or doctor to diagnose a problem when a program can be created to do that? Like the Mercedes Ceo alludes to, only special!sts will survive this, the majority of the jobs in these fields will be eliminated. The hope is new jobs are created that didn’t exist in these fields before.

  71. 3b says:

    Hehe I am sure we could! My biggest gripe with lawyers is because they went to law school they are experts on everything! And as for critical thinking and writing?? I am not impressed with many of them. I am talking specifically about the crop that have graduated in the last 10 years or so.

  72. The Great Pumpkin says:

    All I’m saying is, change is coming fast. Just think how much has changed since 2000. You think it will take 50 years? Come on, god knows what will be out there by 2070.

    I’m sure mechanics never thought a plug could be put into a car to diagnose a problem, but yet, here it is.

  73. The Great Pumpkin says:

    Just look at the iphone and apple watch. Look how much that has changed our lives since 2000. It’s insane.

  74. ExEssex says:

    Mark my words NY State and quite possibly the Feds will put DJ Trump in jail for Tax Evasion.

  75. Fast Eddie says:

    5 – 4, another win for President Trump!

  76. JCer says:

    Essex, nice try the criminal statute of limitations has passed on the Fred Trump estate. Penalties and interest are the most they can get from him……

    I know you all hate Trump but he’s won again, they aren’t going to get him on taxes, just not going to happen.

  77. Not ExEssexx says:

    exEssex

    It all depends on the link below from a previous post by someone. The case at heart is Double Jeopardy against State’s Sovereign Rights.

    Right now Trump can pardon himself and everyone around for Federal charges. If the SCOTUS rule for Double Jeopardy, then a Presidential Pardon will apply over State charges too.

    If so any pardons will clear the slate from top to bottom. He’s lucky enough to get and go on to do another reality show. This time the show would be like the Osbornes. A cognitive challenged patriarch with drug addled/dim witted boys and sl*tty daughter and wife in perpetual hiding.

    ExEssex says:
    October 5, 2018 at 3:57 pm
    Mark my words NY State and quite possibly the Feds will put DJ Trump in jail for Tax Evasion.

    ZZtop says:
    September 29, 2018 at 6:03 am
    SCOTUS will hear this case (link below) later this fall. Some believe the urgency to seat the current SCOTUS is because he would create a majority vote on this case.
    The case is about a pardon carrying over to the state level so the get out of jail card gets one out of federal and state in one shot. You all can decide what the ramifications of this would be.
    Some of the best comments ever on this blog. Partisan stuff is always a smoke screen. Props to Lib and those who can be objective. Those who can only scream for their team either can’t think or just vilify the other to feel better about themselves.

  78. Not ExEssexx says:

    The link missing below.
    BTW, Can’t wait for the post president Trump Reality Show

    https://www.supremecourt.gov/search.aspx?filename=/docket/docketfiles/html/public/17-646.html

  79. HEHEHE says:

    “The link missing below.
    BTW, Can’t wait for the post president Trump Reality Show”

    https://fas.org/sgp/crs/misc/LSB10188.pdf

    Half the states limit such prosecutions in the first place so it’s not the big bugaboo some people are making it out to be.

    This whole Kavanaugh circus has more to do with the Republicans screwing the Dems over Merrick Garland filling Scalia’s empty seat and to try and delay the vote until after the election to see if they could get a Senate majority to force a less conservative pick.

    They have a valid point over Garland. Don’t agree with their tactics though.

  80. Blue Ribbon Teacher says:

    Yeah, the AMA won’t allow robot doctors.

  81. Nomad says:

    Good read on AI

    https://www.bain.com/insights/labor-2030-the-collision-of-demographics-automation-and-inequality/

    Robot can now lay drywall. Robots will be able to harvest berries soon.

  82. The Great Pumpkin says:

    This is how I’ve been reading it. Roaring 20’s 2.0 and then a severe crash that will be downright scary. The crash will come from lack of demand in the economy as population growth peaks and starts to decline. Combine that with money being concentrated at all times highs and it’s going to be a severe crash.

    So enjoy the good times, the bad times will come.

    “Chapter 4 traces how developments are likely to unfold in the turbulent 2020s. Investment in new automation technologies should fuel a period of robust growth. When it tapers off—sometime around the end of the decade, based on our estimates—growth is likely to become severely demand constrained.”

  83. chicagofinance says:

    Fckn Aldo’s in Lyndhurst 1991…..
    https://www.youtube.com/watch?v=bfQ98A-6mG8

  84. Blue Ribbon Teacher says:

    Harvesting Berries, I’d like to see that. When I worked on a farm, there were some days that I did 5 straight hours of raspberry picking. But the thing was, it was all done by feel. The packs you get in the supermarket are great and all, but they weren’t peak ripeness. Those don’t transport well. When we picked them properly, we could get $10 a pound for them and sell out every day. There was nothing better.

    With blueberries in Maine, they pick them all and then run them through a conveyor belt with an optical sorter that puts them into specific bins based on color. So, they’ve developed a method to group the ripest berries together. Less ripe ones go toward dried products and canned products. The best ones are shipped off or flash frozen.

  85. Blue Ribbon Teacher says:

    I guess my post got modded yesterday. My friends brother does QC for a major major pharmac.y in NJ. The amount of wrong prescriptio.ns skyrocketed after they installed the automatic dis.pensing machines that carry the top 150 med.s and automatically fill the bottle. Reason being, if the person filling it screws up, it affects everyone that ordered that script instead of the usual single isolated case. So one mistake leads to one wrong pre.scription with a human. One mistake leads to 30 with a machine.

  86. Not ChiFied says:

    ChiFi, your post about Aldo’s, gave me an epipheny about this board.

    I guarantee you, that every poster here fits the profile of one of the kids. South Park’s genius to the rescue.

    https://youtu.be/WWP_vEcWqMo

  87. MAGA2020 says:

    Mueller is done. I guess tax evasion is the next fake controversy. I have to imagine the number of people following these fakes stories is dwindling.

    Finally moderate people who I know are now admitting there is a contingent whose only goal is to bring trump down. They’ve tuned out fake news and their political allies.

  88. The Great Pumpkin says:

    “One of the most lu­cra­tive perks of be­com­ing a col­lege or uni­ver­sity leader is the hous­ing. The av­er­age ten­ure of a col­lege chief was 6.5 years in 2016, ac­cord­ing to a study by the Amer­i­can Coun­cil on Ed­u­ca­tion. Dur­ing their time in charge, many pres­i­dents get to live in some of the grand­est and most his­toric prop­er­ties in the U.S.”

    https://www.wsj.com/articles/the-multimillion-dollar-homes-on-campus-where-rent-is-free-1538665233?emailToken=4f85daaff933fec797a4f8f9245065dfI4Bvz7OgXvvbGPMqIXBUOuNf4csUB2eNAFUrL+750t+ESwhDvNXJSaaH4zh3Sc6Ntqp0bhY8Pcgzwyas01zefLHzITxo7c+ZvYPZ2VoWbB+YI/52iIBaGGl4Ru2OFcXn&reflink=article_copyURL_share

  89. The Great Pumpkin says:

    That’s pretty funny. Thanks for the laugh. I’m sure it holds true for some of the pessimists on the board.

    This artist was one of the leaders of today’s emo music. Not going to lie, kid had talent, but he passed away from a drug overdose at 21. The group of emo hip hop artists he hung around go by the name of GBC (goth boy click).

    https://youtu.be/D-xCvjK8Lds

    Not ChiFied says:
    October 6, 2018 at 9:37 am
    ChiFi, your post about Aldo’s, gave me an epipheny about this board.

    I guarantee you, that every poster here fits the profile of one of the kids. South Park’s genius to the rescue.

    https://youtu.be/WWP_vEcWqMo

  90. The Great Pumpkin says:

    Some more Lil peep stuff.

    https://youtu.be/5IhwJvvJ2VA

  91. exEssex says:

    8:20 what’s done is done.

  92. The Great Pumpkin says:

    Essex,

    You know I was a staunch supporter of the Democratic Party and it’s supposed values of looking out for the workers of this country. That time has come and gone. You have to open your eyes. Donald trump has done more for workers in 2 years than the democrats have done in the past 20 years. The constant attacks on Donald trump esp when using social issues has shown the democratic party’s true colors. They are dividing our country with this nonsense.

    This government was built on compromises. When are the Democrats going to act like adults and come to the table willing to compromise for the greater good? I’m embarrassed with how our current two parties have turned govt into a circus. Will the real Democrats please stand up!

  93. The Great Pumpkin says:

    Essex,

    Stuff like this I’m talking about.

    “In 1969, a married man who had an affair with a woman named Mary Jo (RIP), got into a crash that caused the car to go into the water, he saved himself but left the woman in car gasping for her last breath of air and later pronounced dead and the only charge he received was “leaving the scene of an accident”. This man was a Democrat who served 43 years in the Senate, the late Ted Kennedy, who passed away in 2009.
    This was okay?
    You have an innocent man Kavanaugh who has been investigated by the FBI 6 or 7 times with a clean slate and the American Bar Association has him in good standing, and no marks against him.
    Charges brought up that may have but don’t know for sure says victim of 30 years ago, no witnesses and no facts, he is being crucified for being a Republican. This is how the Democrats work their evil schemes, so many people after listening to them, watching and seeing how evil plays before them are now running towards the “Red”.
    TRUMP 2020!”

    “And Kennedy A.K.A. “ the lion of the Senate” was 37 not 17. 16 years later at 53 him and his buddy Chris Coons of Mass got drunk and threw a waitress on a table and sexually assaulted her. Police report etc but again the Lion of the Senate escaped again. More like a snake slithering away if you ask me.”

  94. The Great Pumpkin says:

    If you are going to rally on these social issues, better attack Democrats currently in office with the same energy. Till then, they are no different than the gang of cops out there, that hide behind “protect and serve,” while looking the other way when their friends and family members commit these same crimes.

  95. The Original NJ ExPat says:

    LOL. I just stopped in to see if it was another Saturday Pumpkin jizz fest. Sure enough, slippery, sticky floor. Luckily the pumpkin seeds give some traction.

  96. The Original NJ ExPat says:

    I imagine there are some Kavanaugh Halloween costumes in the working. Black judicial robe with a fly and cup-holders? “Boof ’til you drop!” on the back?

  97. ExEssex says:

    I’m just pissed that apparently Kav’s success means so many men won’t be getting laid this weekend. Grumble.

  98. The Original NJ ExPat says:

    hah-hah! Like that’s what keeps your wife away from home on the weekend!

    I’m just pissed that apparently Kav’s success means so many men won’t be getting laid this weekend. Grumble.

  99. The Original NJ ExPat says:

    The rest of us have been pushing our wives down on the bed, wearing jeans and teenage tops over one piece bathing suits for weeks.

  100. The Original NJ ExPat says:

    If Kav gets confirmed, I lose a bet with my wife. I have to be Chrissy Ford for a week.

  101. exEssex says:

    12:14 nope she’s home weekends and every chance she gets.
    But yeah watching as closely as she has and i’m Sure many others will attest puts the ladies right out the mood to be puzzied . Your trolls? Real funny btw. I’m fine with em’ by they say much much more about “you” buddy.

  102. ExEssex says:

    And the reveal the same malady a lot of posters on this gawd foresakem board suffer from…..

  103. The Original NJ ExPat says:

    It’s funny to watch ExSex slur in his spelling and grammar. I think his wife is elsewhere.

  104. The Original NJ ExPat says:

    About 20 minutes away from the Kav vote…

  105. The Original NJ ExPat says:

    CNN: Vote will end months of bitter partisan feuding marked by sexual assault allegations and angry denials

    Isn’t that a little bit disingenuous? Shouldn’t it really say:

    Vote will end months of bitter partisan feuding marked by sexual assault allegations and angry denials that only appeared after the democrats sat on the allegations for seven weeks and after the hearings were concluded

    Democrats are such losers.

  106. The Original NJ ExPat says:

    The Dems must really hate, hate, hate how Dershowitz has maintained a level head and has not fallen victim to Trump Derangement Syndrome.

  107. The Original NJ ExPat says:

    Dershowitz : “this process has …just…been…awful. And now it’s spreading to Harvard Law School, where student MOBS, want to prevent him from teaching. He’s been teaching for many years in a distinguished way. It reminds me of when I was in college, and students and faculty were firing faculty members because they said they were Communists when they were 20 years old and 21 years old and it didn’t matter whether innocent or guilty, as long as there was suspicion of Communism, that’s enough. And if they responded by being angry, Oh, now they can’t teach because they have expressed anger and they have showed ANGER and that they are not suitable for teaching.

    Yeah, History RHYMES!!!!

  108. The Original NJ ExPat says:

    ^^^It took me a shitload of time to transcribe that correctly, and word-for-word accurately. Thank God for DVR buffer.

  109. The Great Pumpkin says:

    A reliable leading indicator for the world’s least affordable housing market is sending a sell signal for the first time in three years.

    Losses in the Hang Seng Properties Index on Thursday left the gauge of Hong Kong real estate stocks trading as much as 20 percent below its peak in January. Declines of that magnitude from major highs have preceded the last four downturns in Hong Kong home prices, data compiled by Bloomberg show

    https://apple.news/A3-ZQMb6ZSsa6LXsxUjjkSQ

  110. Yougotthis says:

    “With the promise of a loan from her parents, she purchased the apartment in October 2017”

    $50K to overhaul a Jersey City studio apartment

    https://articles.nj.com/entertainment/index.ssf/2018/10/nj_home_makeover_jersey_city_studio.amp

  111. Exessex says:

    Buh bye kids . It’s been fun. Enjoy winter.

  112. The Original NJ ExPat says:

    sore loser ^^^ butt hurt

  113. HEHEHE says:

    The world didn’t end with a conservative majority on the Supreme Court for the past 30-40 years and it won’t now.

  114. Juice Box says:

    LoL – UFC last night

    UFC Heavyweight Derrick Lewis just said: “I forgot, few hours before the fight, Donald Trump called me and told me I gotta knock this Russian mofo out cuz they makin’ him look bad on the news.”

    https://www.reddit.com/r/The_Donald/comments/9m24jz/ufc_heavyweight_derrick_lewis_just_said_i_forgot/

  115. LovePayBack toOnePercenters says:

    I have to give it to Banksy’s screw to 1% speculators. He told them not to auction his art.

    https://www.instagram.com/p/BomXijJhArX/?utm_source=ig_embed&utm_campaign=embed_video_watch_again

  116. Project on Tap says:

    Honeybrook Cabinets – anyone have any input on those?

    vs Kemper cabinets?

  117. The Original NJ ExPat says:

    Did anybody watch the Giants game today? Holy crap!

  118. Fast Eddie says:

    The Giants game was a heart-breaker. They needed that win badly. There were a few calls were I shook my head. What about the spot of the ball on McCraffey’s 3 and 1? He didn’t make it. And 63 f.ucking yards! What are the odds to make that kick?

  119. The Original NJ ExPat says:

    When Lib and I are in Costa Rica next month, I’m interested to gauge the enthusiasm on sports. Is it all about soccer(football) and nothing else?

  120. The Great Pumpkin says:

    Consumer spending is the biggest economic driver of growth whether you realize it or not. It’s not rocket science, if you share profits with workers through wage increases, you set in motion for the long term growth of the economy. Their spending matters, and giving them the ability to spend more results in long term growth in the economy. Way better than saving ever could.

    Just do the long term math. If everyone just started saving, you will stun the economy. You will lose out on growth through the loss of compounding that you will never get back. If everyone starts spending, you set in motion the need to invest and feed that demand that results in strong long term growth.

    I’m not saying savings aren’t needed, but it’s just not needed for the majority of the population to do. You need them to spend, not save. Only people saving should be the one’s making more money than they can consume. Their savings should be used directly to invest in that demand and fuel that growth.

    With current issues with income inequality, I’ll sum it up like this. With so much capital being rewarded to profit at the expense of workers raises over the past 20 years, we have created a problem. As so much capital becomes concentrated at the top, it has no where to invest. The money in the economy has concentrated in the savings class at the expense of the spending class. This results in an imbalance in the economy between spending and savings (aka investments). Investments can only be made if there is demand. Too much money at the top kills demand for long term investment and this is why WE SHOULD ALL HATE the extreme CONCENTRATION of capital in a few hands. It hurts the economy!

    Now no one, come and tell me how savings is everything in an advanced economy.

    “The big picture: It’s also been one of the main drivers of the market as a whole. While the broad stock market is up a very impressive 332% from its 2009 lows, consumer discretionary stocks are up a stunning 630%”

    https://apple.news/AyAa3wrPgQ5SE53dfcCioEQ

  121. The Great Pumpkin says:

    You have all these artificially high asset classes because of this money concentration. These are not investments in growth, they are too much money chasing investments with no where to go. So they drive up the value of things like paintings or high end real estate. Hell, even currencies themselves.

    Too many Randian based thinkers are the holders of excess capital. These idiots are eventually going to take the economy down with their backwards a$$ understanding of the economy.

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