From NJ101.5:
WHY FEWER CHEAP FLIGHTS MIGHT BE FOUND AT NEWARK AIRPORT
Your chances of finding a cheap flight out of Newark Liberty International Airport could soon go down dramatically.
You may want to expand your search to John F. Kennedy or LaGuardia Airports in New York. All three are run by the Port Authority of New York and New Jersey, but it’s only Newark flights that are about to be hit by a huge fuel tax.
The loss of cheap flights is just one of the so-called unintended consequences that are feared if state lawmakers give final passage to a bill that expands a bizarre fuel tax to include all the fuel in a plane’s tanks.
Currently, only the jet fuel that is consumed during takeoff and landing is subject to New Jersey’s fuel tax. However, an expansion of that tax is on the verge of final approval. It would cost Newark’s biggest carrier, United Airlines, more than $20 million per year. United accounts for two-thirds of all passengers flying out of Newark, and warned during a legislative hearing this week that passengers would pay the price.
There is a lot not to like, at times, about the way United Airlines does business and treats passengers. Entire websites are dedicated to hating on United. They are, however, a major contributor to Trenton tax collections and the New Jersey economy. A recent study showed the airline contributed $16 billion to the New Jersey economy in 2016 and United customers added $1.6 billion in economic activity.
At the same time, United’s vice president of state and local government affairs, Daniel Lynch, told lawmakers, “We pay over $400 million a year in taxes, rates, charges, and fees … we think that is a significant amount.”Jill Kaplan, president of the New York/New Jersey region for United Airlines, says the company has made over $2 billion in unsubsidized investments at Newark Airport.
Privately, United officials have told me they see this as punitive, and directed specifically at them. Why else, they ask, would smaller commercial New Jersey airports like Atlantic City and Trenton-Mercer be exempted from the higher fuel taxes? As a last-minute change, lawmakers included an exemption for airports with less than 20,000 flights per year, which includes TTN and ACY.
Will the additional fuel cost be passed on to passengers? Yes. But with 28 million United passengers per year at Newark, it would amount to less than a dollar per ticket.
However, United execs say that’s not the point. Why pay the higher tax if you don’t need to? They have already signaled any growth in flights, services, capital improvement, and job growth will be directed to other airports, like Kennedy and LaGuardia. Said Lynch, “(This tax) will curb growth. It will stop job creation at Newark Airport. It will drive that growth to LaGuardia and JFK. I don’t think that’s a smart economic plan for this state.”
First
How’s Lehigh Valley International Airport?
I’ve been flying out of Philly and sometimes Trenton, only work flights out of Newark. For my Christmas getaway I used over 200,000 miles to fly out Newark on United this year, United isn’t telling the full story about being competitive the fuel tax is just one aspect of it other airports are just cheaper to fly out.
If the entity pays the income tax and that amount does not pass through to the personal return third would just need to add a line that says “include any amounts payed by PCs, s-corps, etc. that we’re earned but did not pass through…” and it would negate the gimmick the state is trying.
The irs probably never bothered asking before because states weren’t actively helping people evade taxes before. How about Murphy figures out a way to tax less and people can keep full dollars instead of getting deductions for taxes paid?
Lol. Murphy is already out there accepting awards from progressive groups. He’s accomplished what exactly except for giving cushy patronage jobs to accused rapists and free legal representation to people who broke our immigration laws?
Gov. Phil Murphy praised his political hero Wednesday night as he and former President Barack Obama were awarded the Robert F. Kennedy Human Rights Ripple of Hope Award in New York City.
The recognition goes to people who work toward “a more just and peaceful world,” according to the group formed in Kennedy’s honor.
The timing is impeccable on this award
Like Obama getting a Nobel right around the time he drone blasted a village back to the Stone Age.
They gave a humanitarian award to a CEO of a Healthcare Company a former US president known for drone strikes and a former Goldman Sachs Banker.
There’s nothing like a Hellfire missile to really light up a wedding celebration in your village of goat herders.
California is considering a tax on text messaging. The money will go toward the children.
I just realized if I lived in China by my posts on the internet would probably get me banned from flying and my kids from going to a good school., so God Bless America.
Blama is from Chicago. A party there isn’t considered a good Time unless you get some liquored up gun play.
Progressives here don’t believe in free speech. You here nonsense like words a are violence. If you don’t think the new progressive movement will attempt to curtail free speech in the foreseeable future you aren’t paying attention.
Also buried by the nj fake news, 6 Murphy staffers will testify about the rape accusation cover up. At the same time Murphy has decided he’ll go on.a 12 day African safari. Funny he seems to be taking a lot of Overseas trips while this is blowing up.
As opposed to the current president who would like to curtail news coverage and supports governments who murder journalists?
GdBlsU45 says:
December 13, 2018 at 8:50 am
Progressives here don’t believe in free speech. You here nonsense like words a are violence. If you don’t think the new progressive movement will attempt to curtail free speech in the foreseeable future you aren’t paying attention.
which news coverage? Are you talking about fake news such as cnn? Yeah I would treat them as propagandists and activists which They are.
Those who vote democrat should be taxed. I say 10% more on their gross income. They need to pay for the damages they create.
Why should we care that he’s dead? Why is it more important than say…Iran?
30 year realtor says:
December 13, 2018 at 9:06 am
As opposed to the current president who would like to curtail news coverage and supports governments who murder journalists?
I’d say the First Step Act is more important to American Citizens
Also this….far more important to American citizens
https://www.c-span.org/video/?455843-1/president-trump-signs-opportunity-revitalization-executive-order
MR. JOHNSON (BET Founder)
Just recently, your Department of Labor signed a historic document that created something called “auto portability.” Auto portability is designed to reduce retirement leakage among low-income 401(k) account holders who tend to cash out. And, Mr. President, you should know this: Sixty percent of African American and Hispanic Americans cash out of their 401(k) account.
MR. JOHNSON
When this program – the policy that Secretary Acosta initiated along with my company – is implemented, along with the big financial record keepers – the Fidelities, the Vanguards – this program will put close to $800 billion back in the retirement pockets of minority Americans. So I just want to applaud you for that. (Applause.)
00:09:45
MR. JOHNSON
Now, getting to the – getting to the most important thing, most of all – most of you probably know that I started BET on a half-a-million-dollar loan from a guy named John Malone. That $500,000 in – that John Malone put into BET allowed me, along with a lot of other minority employees and others, to build a $4 billion business.
00:10:07
MR. JOHNSON
What this proves is the efficacy, Mr. President, of a program that allows capital to flow to places where people are seeking out opportunity. And I am convinced that this program, where the tax incentives flowing out of the Treasury Department to business people, will cause people to invest money where before they saw risk, now they will see opportunity. And that combination of putting money into communities will allow for those communities to become vibrant, to become safe, to create ownership, and, most important, to contribute to the wellbeing of this country.
The only reason the press cares that Khashoggi is dead is because it embarrasses the President and undermines the relationship he and the US has with Saudi Arabia. That’s Fkuked up. Oh and btw, he WAS NOT a green card holder and permanent resident of the US. He was here on a temporary 0-1 Visa. His murder was gruesome and terrible…but not our problem….unless the press makes it so.
Saudi Arabia has a common interest in toppling the Mullahs that rule Iran…the same Iran that wants Israel wiped off the map…is busy building nukes…and killed actual American citizens in Iraq through IED’s and support of Shiite militias.
D-FEND
Does Saudi Arabia’s involvement in 9/11 no longer matter? I wonder if it ever mattered.
Bin Laden’s involvement did. And he’s dead.
15 of the 19 men were Saudis and the commission mentions the likelihood that Saudi-govt. sponsored charities’ funding was involved (but not necessarily direct govt / govt officials’ funding)…
…no big deal. Bin Laden’s dead, case closed.
I may be wrong, but my understanding is that wahabbists and extremists are as much a problem for the Saudi government as they are for US interests.
The mission post 9/11 should have been to whack bin Laden…and vaporize the Taliban…then get the fcuk out.
Any involvement by the Saudi government in 9/11 is too obscure and difficult to prove…so the mission there should be to keep them close…but make them slowly irrelevant by finding energy elsewhere and undermining OPEC. Align with progressives within Saudi Arabia who would advance human and women’s rights.
You are such an a$$hole, your wife must hate you.
I went to college for my first semester and did extremely well. I had a mindset back then, that the only thing that mattered was money. So I argued with my parents day and night that I didn’t need college to become wealthy. They tried to explain to me that it’s not only about the money, that there is more to life (great lesson I learned the hard way).
My father finally gave in, and said that I could take a leave of absence, go into the real world, and find out the hard way. So I did. Only catch, I would have to pay for college myself if I went back.
I first went into plumbing for 3 months, because I was focused on owning a business, and saw that plumbers did pretty well. While plumbing, I took the civil service test at my mother’s request and got into the post office at the youngest age possible.
I worked there for 2 years, working massive overtime (only had one day off my entire summer at 19). Post office delivers express mail on sunday. I also avg 10-12 hour days there. So made good money at my age with all the ot, but it was hard work. I came in thinking it would be easy (got my govt job and was set blah blah….I believed that crap until I had an underpaid union govt job where I was worked to death).
I saved every penny and bought myself a brand new car first. I then continued to save every penny and bought my first investment property to help with tax write offs and to invest. I was focused on becoming wealthy. Every penny used to make more money.
Well after two years, I was waking up with shakes from the job and realized I did not want to waste my life doing this. I finally understood what my parents were trying to say. (If I had stayed in the post office, I would probably be worth 3- 4 million or even more at this age…and pretty much retired before 40, but I would never retire at such a young age, bad for long term mental health)
So I went back to school and went hard at it. Since I was spending my own money, I was taking 18 credits at the minimum (credits were free after 12 credits). I worked multiple jobs while in college too. (Btw, I was going to college at night while working at the post office…..taking 3 credits a semester at my mom’s request…glad I listened…helped me get out of college faster).
So expat, you constantly rip into a hardworking American that worked his butt off to improve life for himself and family. You rip into my dad, but he was successful in going 3 for 3 with his kids doing very well for themselves (all millennials with two properties in nj in an age where that’s not supposed to happen). You need to stfu and stop busting my balls. I have done better than you in life, and you are sitting here talking down to me. Please…
When I’m 60, if health cooperates, I should be worth a lot of money.
The Original NJ ExPat says:
December 12, 2018 at 3:46 pm
I bought an investment house at a very young age, at a time when most 20 year old’s were living in their parents basement. had graduated high school and were attending college. I dropped out, showed no promise, and my Nana took pity on me while I toiled away with other losers at the post office. I am so embarrassed that I continue to lie about it to this very day.
You can go look up all my posts from 2012/13 to see these calls. This has nothing to do with personal gain, and all about bragging rights for making AMAZING economic calls that prob only a few people in the world made at that time (I’m sure I’m not the only one). These were 1% calls…..how you can write them off as nothing short of amazing. It blows my mind that not one person congratulated me on these epic economic calls. Instead bashed me some more and accused me of not making any calls.
How many people do you know that made the correct economic calls 5 years out? Esp with housing and inflation…..they were dead at the time of calls, and stagnation was the norm.
No One says:
December 12, 2018 at 2:35 pm
I want to see the specific “great calls” by Punkin with date to date performance accounting showing all the money made by listening. Compared to date to date performance that comes from investing in an index fund.
First I’d like a proper accounting of the pancake batter in a can stock performance. Then the buy and hold returns from Wayne Real estate.
Then, tell me what index allows you to invest in median wage growth, and how it’s performed.
That’s all the punkin ideas I remember. We give each investment idea equal weights.
And your 3 degrees are in…?
“BS” in lying, pretending, and rationalizing?
Murphy is the only grownup that is man enough to raise taxes. It’s the right thing to do. We haven’t been paying enough taxes for decades now. Politicians do not raise taxes because they are scared to lose their position.
I want to know exactly how we are supposed to cut taxes without taking the whole economy down? Please explain, I’m all ears.
“How about Murphy figures out a way to tax less and people can keep full dollars instead of getting deductions for taxes paid?”
Apparently it never mattered to Obama, that’s why he tried to veto the bill to allow Americans to sue the kingdom. I don’t think there is any other single thing Obama did that so blatantly cries out personal corruption.
https://www.politico.com/story/2016/09/senate-jasta-228841
Does Saudi Arabia’s involvement in 9/11 no longer matter? I wonder if it ever mattered.
I didn’t graduate from high school, remember?
The Original NJ ExPat says:
December 13, 2018 at 10:56 am
And your 3 degrees are in…?
The Laffer curve
The Great Pumpkin says:
December 13, 2018 at 11:09 am
Murphy is the only grownup that is man enough to raise taxes. It’s the right thing to do. We haven’t been paying enough taxes for decades now. Politicians do not raise taxes because they are scared to lose their position.
I want to know exactly how we are supposed to cut taxes without taking the whole economy down? Please explain, I’m all ears.
or anywhere else.
I didn’t graduate from high school, remember?
How many people are murdered each day….d has a point, why was this individual made into a media headline on a daily basis? Feel bad for the guy, but what about all the other shady murders? Why such focus on this case?
When I interview someone for a job, a college degree doesn’t count for much. I have no way of knowing if they 1.) studied and learned, 2.) crammed and forgot, or 3.) cheated their way through. The only thing I know for sure is that they undertook a long term commitment of approximately four years and completed the task, and that counts for a lot. If you dig out the sparse kernels of truth from highly embellished Pumpkin chronicles, the obvious over-arching theme is that he can’t finish anything, especially anything that takes 2+ years. Couldn’t even handle a mindless post office job.
“I went to college for my first semester and did extremely well.” – LOL. Yeah. Sure you did. That’s when most kids quit. Makes perfect sense.
Come on, people are not overtaxed. That’s complete bs with how many millionaires and billionaires are out there. How the hell are so many created if the tax system is working against them?
When are these big dogs going to take some risk and start helping our nations infrastructure? They are the one’s that abuse it and make a killing off it, so why can’t they give back to support it? Instead their taxes are lowered and lowered to the point some are only paying 15-20% on what they make. Criminal. Let’s create a farm and pay almost no property taxes on a 20 million dollar home. What selfish pricks.
D-FENS says:
December 13, 2018 at 11:21 am
The Laffer curve
Of course, what Pumps calls “went to college for my first semester” really means
“attended a GED prep course.”
NJ is already in the top three of highest taxed states. Newark Airport is both the most expensive airport to fly in and out of (due to high port charges) and the airport with the most delays in the entire country. Now NJ decides to tax them more. Then Pumps jumps in and says Murphy is doing the right thing.
Every day, this rape case by a big-time Murphy campaign donor, appears to look more and more like a cover up. And this in the midst of the #METOO movement. Yet a progressive Governor is caught in the middle of it. And it’s hardly even newsworthy. Christie lounges at a beach house that belongs to the state governor when the beaches are shut down, and it’s the end of the fukcin’ world.
I am beginning to see how biased the press can be around these parts.
Five years ago, you and others called me an idiot for making these calls. Well, it turns out I was right, and the calls were pretty damn amazing. Instead of being a man and saying great job, you double down and further insult my intelligence.
I bought a home at such a young age. You piss on it instead of saying….wow, good move.
Go fu!k yourself if you think the post office is a mindless job. You are piece of sh!t.
“Couldn’t even handle a mindless post office job.”
3-4 Mil worth by working at post office ??.
Where is the application for for a job at PO ??. Now I feel so stupid for getting masters in engineering and joining a Investment bank..
even though I agree with pumpkin that this forum is overly negative on anything and everything Real estate and NJ..
There are some good things in NJ. Pizza and bagels. Sorry the list is so short.
Dude is going to blow through the salt supply and overtime budget by Christmas.
@GovMurphy
We are monitoring the forecast today, as 1-3 inches of snow is expected for much of the state. @NJDOT_info has 480 pieces of equipment mobilized. Follow @NJSP, @ReadyNJ and visit http://ready.nj.gov for updates and info. Travel safe, New Jersey.
Investing….it’s not about your job. I make way more money now, but I missed out on years of banking almost every penny and investing it. In the end, it’s not all about money, it’s about quality of life. If I was still at the post office, I would be miserable. There is a reason people go “postal,” the job is rough. Believe me, or believe the myth that all govt union jobs are a cake walk. I once thought the same thing…
texting says:
December 13, 2018 at 11:55 am
3-4 Mil worth by working at post office ??.
Where is the application for for a job at PO ??. Now I feel so stupid for getting masters in engineering and joining a Investment bank..
“Dude is going to blow through the salt supply and overtime budget by Christmas.”
Governor clueless. Would you expect someone who hasn’t a driven a car in the last 40 years to understand road maintenance?
He brined and salted North Jersey last night to no avail. This morning I drove to Warren and 78 looked like a pretzel there was so much salt down. Of course, the forecast calls for 1″ maximum for most of the state with a definite changeover to rain.
I deliver the email.
Yes, I called this. It makes me sick. People complained because he is a democrat. They complained so much and put all the blame on the governor that this response was inevitable. Hope you pricks that complained don’t complain about the wasted tax money to make you feel nice and safe when it snows. Are you happy now? The governor did the right approach at first, not wasting tax money with idling trucks waiting for snow that was not supposed to be bad. Now you can kiss that approach goodbye. Hope you are happy, your complaints have been answered.
D-FENS says:
December 13, 2018 at 12:16 pm
Dude is going to blow through the salt supply and overtime budget by Christmas.
The governor did the right approach at first, not wasting tax money with idling trucks waiting for snow that was not supposed to be bad. Now you can kiss that approach goodbye. Hope you are happy, your complaints have been answered.
Actually, he was wrong on the major snow day. And he’s been wrong every day since then he’s brined. He’s basically batting 0 for 14.
I have a degree in Hypocrisy.
I have a degree in not listening.
I have a degree in delusion.
Nj seems to be doing better than most of the country…
https://patch.com/new-jersey/wayne/s/gknto/how-much-new-jersey-households-make-per-year-new-census-report?utm_source=alert-breakingnews&utm_medium=email&utm_term=weather&utm_campaign=alert
No. Your call was wrong. It is only Murphy’s fault. No one else’s.
Your twisted logic blames people who were stuck in the snow for 12 hours.
It is not the fault of the parents of the autistic kid who sent him to school that day only to have him trapped on a bus for hours without his medication until he crapped his pants.
The Great Pumpkin says:
December 13, 2018 at 12:22 pm
Yes, I called this. It makes me sick.
So was everyone else. No one saw that storm coming, and little baby republicans had to complain to no end because Mother Nature won this battle. I hope you guys don’t have the same approach to climate change…nothing to worry about, but if you are wrong, you better not complain.
“Actually, he was wrong on the major snow day. And he’s been wrong every day since then he’s brined. He’s basically batting 0 for 14.”
…this forum is overly negative on anything and everything Real estate and NJ
Not any more. Some day when I sell, I want top f.ucking dollar for my place. The price tag is going to be huge and all these m’fers better come with a lotta loot. Also, no contingencies. I have bidders lining up so gimme your highest and best and don’t waste my time.
I agree with Senator Menendez
https://www.mcclatchydc.com/news/policy/immigration/article223018290.html
WASHINGTON
A bipartisan pair of lawmakers unveiled a new plan Thursday to protect Venezuelans living in the United States from being forced to return to the troubled South American country.
Sen. Bob Menendez, D-New Jersey, who is leading the effort, said the “extraordinary depths” of the economic and humanitarian crisis in Venezuela has forced millions of Venezuelans to flee causing an upheaval throughout the region.
Menendez, joined by Sen. Marco Rubio, R-Florida, are seeking to give Temporary Protected Status to eligible Venezuelans already living in the United States. Created in 1990, the status would allow recipients to be able to remain in the country and work legally.
“Providing Temporary Protected Status for eligible individuals and supporting migration systems in the region to assist Venezuelans who are prevented from returning safely to their country is the humanitarian and morally responsible thing to do,” said Menendez, the senior Democrat of the Senate Foreign Relations Committee.
Libturd, can’t say I didn’t warn you. says:
December 13, 2018 at 12:09 pm
There are some good things in NJ. Pizza and bagels. Sorry the list is so short.
https://nypost.com/2018/12/12/the-pizza-scam-you-probably-didnt-know-about/
Arsenic nails
then oh so,certainly, you already, being needless to say nearly interested.
Dora Pearce
almost all suspected there will probably be a breakdown obtainable as a result arsenic your terrain oo decided to take a closer look.
dr paul Willis
and even ‘closer look’ spent a a lot of unusual establish. Dora [url=https://asiamescam.weebly.com/]asiame review[/url] Pearce through the higher education linked Ballarat began recovering nails from kids throughout western european Victoria.
Dora Pearce
individuals use claws truth compiling the whole bunch is almost certainly not for surgical. they are really an easy go shopping. never hurts your kids to provide him or her. the fogeys dice his or daughter’s or son’s toenails, organize them in a vanity gear, and then gave them over too Dora!properly mister Schausen, the development teacher revealed to us close to carrying nails to high school and all the other girls and boys giggled your thought it was obscene. even if arsenic goes into your it’s always passed to shunting it directly into the digit as well as,while finger nails hairstyles. still,but unfortunately why would you would most likely in place just be almost any excess arsenic inside the conditions over [url=https://vimeo.com/252287202]asiame.com[/url] developed Victoria? west Victoria was once the actual biggest brand involved with gold all over the world. in the great fantastic Rush of the 1850s plus 60s thousindividuals whos from the anywhere in the world in a hurry bradenton to looking for performance their.
dr paul Willis
almost all the rare metal was found of this nature, miniature footprints carefully variety simply by various other boulders.
doctor paul Willis
ellie Dowling
inside of exploration stage arsenic which can kept in minerals strong the planet earth earth is owned to the counter, it really is oxidised signifies it can be achieved good deal transportable therefore it proceeds round and over again that’s the matters that can impact it’s completely natural whenever it continues to put long enough it’ll get older and not only just be very. in addition at the time the following continues to be inside lansdscape and simply we now have hills [url=https://www.flickr.com/photos/asiame/]asiame review[/url] the actual belongings.
That’s just a silly practice. I make pizza from scratch regularly. For a while, I had my oven hacked to get it up to 900F to cook the pies in a little over a minute. The lighter you make the pie, the better it is. And you can always lightly squeeze out a little whey water from the fresh mozzarella container around the pie through a squirt bottle. It forces the cheese to melt more efficiently and spread over the pie. Less ingredients and better balance.
No one saw that storm coming
BS. I checked the weather forecast and took a personal day. It said “freezing rain”.
I hope you guys don’t have the same approach to climate change…nothing to worry about, but if you are wrong, you better not complain.
The UN released a report claiming that climate change would devastate our agricultural industries. Over the past 100 years, the growing season has increased anywhere from 10 to 50 days depending upon the state that you are in. It seems, climate change has positively affected our ability to produce food (specifically in CA where they saw the 50 day increase). Over the past 20 years, we’ve still watch food production increase. The trend is your friend.
Humans were easily able to navigate ice ages without the technology we have today. This idea of climate induced mass disaster/hysteria is beyond laughable. The changes don’t even happen on a time scale fast enough for a single generation to notice. It’s not like we wake up one day and the entire town of Pt. Pleasant is under water permanently.
Blue,
Climate change has killed off millions of species….so it’s not worth researching? I wouldn’t laugh at it, I would take it seriously. We have no idea what the impact of our actions are, but you better damn well believe there are consequences. Why not put money into learning about this in case it has horrible consequences? I just have trouble believing that burning all these fossil fuels has no consequence on this planet, esp at the massive scale it’s being burned at.
Longer growing season, but what is the negative impact? There is always a positive and negative impact.
So, town should have told Blumpy that he needed to pay a 3k sewer line tax and he would have paid it gladly for betterment of his fellow man..got it…derrrrr.
Well if everyone knew it was going to be bad, why didn’t they stay home? Instead they all try to drive at rush hour in a storm….pretty got damn stupid. Nothing could have prevented that mess. No matter how much salt you put down, the snow was coming down too fast, and too hard, right at rush hour.
That’s why the storm traffic was so bad, nobody took it seriously. Everyone thought it would be nothing, hence, everyone was on the roads. But let’s cry about why the govt didn’t come to our rescue like little bi!ches.
Blue Ribbon Teacher says:
December 13, 2018 at 1:48 pm
No one saw that storm coming
BS. I checked the weather forecast and took a personal day. It said “freezing rain”.
I got scammed because politicians tried to pay for costs without raising taxes. So they pulled this bs and left me with the bill for their sewer line. I have no problem paying taxes, just don’t pull scams like this because you don’t have the balls to raise taxes.
If taxes need to be raised, I expect the leaders to be grown ups and make the hard decision instead of coming up with scams or kicking the can down the road to avoid tax hikes.
Bystander says:
December 13, 2018 at 2:37 pm
So, town should have told Blumpy that he needed to pay a 3k sewer line tax and he would have paid it gladly for betterment of his fellow man..got it…derrrrr.
Shhh, child. Sleep. Dream of higher taxes for all
I challenge any of you, as citizens, to figure out a way to lower the cost of govt besides cutting workers retirement, wages, or benefits. Come up with some real solutions. I expect to hear crickets, why? It’s not easy. If it was so easy, it would have been done already, but it costs lots of money to run society. It’s not cheap, ask trump. He has added how much to the debt? This is a world class businessman, right? So if it’s so easy to cut everything, why hasn’t he done it?
More reductions to worker retirement plans are inevitable.
The only other solution is to grow the economy increasing tax revenue without raising taxes.
That is going to be difficult when we already tax too much here making people and business go else where.
Here’s a novel and constructive idea Pumps: Why not take up your Daddy issues with…your Daddy?
Five years ago, you and others called me an idiot for making these calls. Well, it turns out I was right, and the calls were pretty damn amazing. Instead of being a man and saying great job, you double down and further insult my intelligence.
I bought a home at such a young age. You piss on it instead of saying….wow, good move.
Go fu!k yourself if you think the post office is a mindless job. You are piece of sh!t.
“Couldn’t even handle a mindless post office job.”
So…instead of being miserable, you are happy and fulfilled begging for recognition from strangers on the internet?
In the end, it’s not all about money, it’s about quality of life. If I was still at the post office, I would be miserable.
That is exactly what should be done….. it won’t happen though because recipients collectively bargained their benefits and vote in blocks. It was a bait and switch though, because people were expected to die by 75 or so, not 85-90.
These people are dead weight….. once they stop working, they are purely blood suckers (no offense to them….. just trying to make a valid observation).
I worked at a company which was a partnership, but they did not have a pre-existing method to buy out retiring partners. After a couple of decades, they negotiated a settlement, because retirees and heirs were destroying the business because they were passive, and active rain makers could not be compensated properly……
The Great Pumpkin says:
December 13, 2018 at 3:03 pm
I challenge any of you, as citizens, to figure out a way to lower the cost of govt besides cutting workers retirement, wages, or benefits.
“Legendary economist Ed Yardeni gave a presentation to Trump’s top economic advisers at the White House — here’s what he told them”
“Yardeni brought this chart of real average hourly earnings (for production and nonsupervisory workers) along to showcase that real wages are in fact rising to record highs.
“I actually threw that in there because when the president was campaigning, he said a few times that real incomes have stagnated … and I wanted to chart that real wages, inflation-adjusted, have been in uptrend,” he told Business Insider.”
https://apple.news/Ay92ykOJ7QX-WntXdbZ1KEw
Thanks for the authentic response.
The issue is tough, because at the end of the day, we are human beings. In a survive or die world, yes, old people are a major drain and would be eliminated. Unfortunately, no one is going to kill old people to reduce costs. That’s why there is no easy answer on how to reduce the costs of govt, aka plain and simple…the costs of society.
It’s really immoral to reduce the costs of govt on the backs of employees, esp the young govt workers. You are simply going into their pocket and taking their money which is wrong. It’s ironic to hear people complain about taxes as theft, yet these same people advocate on lowering their taxes by sticking their hand in other people’s pockets to reduce costs. Yes, these workers work for the govt, but that doesn’t make them different than any other worker. So at the end of the day, there is no easy answer. That’s why no one has come up with one. How many generations have been unable to fix this problem? It’s not like it happened over night. Yet, no one can figure it out.
Old people are a major drain on the economy, and that’s where all our problems come from. They raise the cost of heathcare, and eat up the tax revenue with their needs. What’s the answer? Murphy is right. you have to get creative and somehow grow the economy and make it even more productive and efficient. That takes investment to get there aka raise taxes. I don’t know of any other way, but I’m all ears. There has to be a solution.
chicagofinance says:
December 13, 2018 at 4:44 pm
That is exactly what should be done….. it won’t happen though because recipients collectively bargained their benefits and vote in blocks. It was a bait and switch though, because people were expected to die by 75 or so, not 85-90.
These people are dead weight….. once they stop working, they are purely blood suckers (no offense to them….. just trying to make a valid observation).
I have no nails left. I’m a nervous wreck.
Made the final four in 7 out of 8 fantasy leagues. (Yes, I’m a guru at this too). It’s like picking stocks, all about the value and how people perceive it.
I finished first and highest scoring team in 5 out of 8 leagues. I’m scared all that hard work and domination is about to be pissed away. I have mahomes going in 5 of 7 leagues and I’m scared that he is going to bust because of the stupid Thursday night game. Most of these games lack offense because of the short week to prepare and the guys are banged the hell up from the short week. Wish me some luck…these are big leagues. 500 buy ins with chance to win 4,000 for first place.
Btw, I have been doing fantasy since 2004. In 14 years, I only had one year in which I didn’t profit. Been a hell of a run. Fantasy is like poker, a balance of skill and luck. Hope the fantasy gods stay with me.
How is the economy stalling with all this investment in good jobs by the tech industry? Austin on fire.
“The Cupertino, Calif.-based iPhone maker said it would also establish new offices in three cities—San Diego, Seattle and Culver City, Calif.—where it said it would add more than 1,000 employees in each place. Over the next three years, Apple said it would add hundreds of jobs in cities where it already has offices, including New York, Boston and Portland, Ore.”
https://www.wsj.com/articles/apple-to-build-new-campus-in-austin-11544691545?emailToken=1fb5b1d82b3e69d89b0b96bb98c5e930m8iIOr7Sl/K+vi3aKhPspgXk6DlQnwdh7PmfEALOoli1B3HDsv6N8hcwu6b2IuL2hTkRr3RwoW8XOTnkZJoCsg%3D%3D&reflink=article_copyURL_share
You’ve been doing fantasy all of your life, AFAIK.
Btw, I have been doing fantasy since 2004.
Best value in north jersey at the moment. Get a hell of a lot of value for your money.
“Wayne Township Public Schools Ranked Among Best In NJ
Wayne Township Public Schools ranks #1 NJ School District for Athletics, top 50 for Best School Districts in New Jersey, and received an overall grade of an “A”.
Niche ranks nearly 100,000 schools and districts based on statistics and millions of opinions from students and parents. https://www.niche.com/k12/d/wayne-township-public-schools-nj/ #njschools #wtgwayne #waynepride”
Wow, didn’t know this. Musk not the founder of Tesla.
https://youtu.be/kwnZhPSqQjQ
Well if everyone knew it was going to be bad, why didn’t they stay home? Instead they all try to drive at rush hour in a storm….pretty got damn stupid. Nothing could have prevented that mess. No matter how much salt you put down, the snow was coming down too fast, and too hard, right at rush hour.
It wasn’t people driving at rush hour, it was 1 pm when the accidents started piling up in Mercer County. They had the expectation that the roads would be treated. And yes, I watched it in real time as it first came down because I was getting tacos al pastor at a local mexican joint. The plows were not ready and the roads were not properly treated. That’s a fact.
I could fix the school budget situation instantly.
1. Rewrite special ed laws and challenge lawsuits
2. Increase state aid to school districts that keep a low administrator to teacher ratio
“Wayne Township Public Schools Ranked Among Best In NJ for retards and Polacks”
Charm makes more sense than Blumpkin.
Empty air makes more sense than Blumpkin…
It’s about time…
https://saraacarter.com/financial-experts-testify-fbi-currently-investigating-clinton-foundation/
https://www.bloomberg.com/news/articles/2018-12-14/from-westchester-to-hoboken-nyc-area-braces-for-housing-decline
Housing hater Oshrat Carmiel includes Hoboken in headline of her latest housing hit piece. It is most read article on Bloomberg terminals this morning.
Yo,
This article can’t be true. It does not mention the low inventory as blame for slowdown. Our resident idiot will dismiss it. Tidbits.
Daren Blomquist, Attom’s senior vice president. “Counties with the slowest appreciation are the ones that tend to have the highest prices and the highest taxes.”
Jeffrey Otteau, president of the valuation company that bears his name. The decline in purchasing power means prices will inevitably have to adjust, he said.
“Sellers have gotten greedy,” he said. “It’s easier to say ‘blame tax reform’ than to say ‘we need to take an honest look at the price you expect to get for your house.’ Sellers don’t get it.”
^^^Good stuff!
“According to state test scores, 55% of students are at least proficient in math and 64% in reading.”
Go Wayne!
And that’s with a diversity grade of B-.
Wayne, where white kids read the play book over the school book.
Heard a heartwarming and gender friendly song way to work today titled “smile bltch.” N bombs are dropped numerous times. Snoop is on it. I’m sure he will be partying with bama and the rest of the left wing phonies this holiday season.
And why does MSNBC HATE GAYS so much? It’s open season on them over there with the gay bashing hosts they employ. Because you know all can be forgiven if you’re willing to spend equal time trashing trump and anyone who supports him.
Expat, it goes to show the deep state is too strong. The clintons knew who to take care of along the way. They are untouchable.
Even lying to Congress was not pursued if you were connected enough. It happened many times in the course of investigating the fusion gps stuff.
An outsider would have been destroyed for doing the same. So don’t get your hopes up for any of that. If there was an appetite in the swamp to pursue those crimes it would have happened already.
Trump on the other hand they will stop at nothing to find a crime even where they don’t exist.
Gdbls,
Yes the deep state is so deep I hear they are even negatively report on the greatest economy in the history of the United States just to sink him. People are now not buying outrageously priced/taxed homes just to hurt orange face.
There is a third possibilty. The Clintons and Trumps are both greedy crooks families. Unfortunately only one of them is in office now.
The shlt they nailed Flynn for is so trivial it’s a fvcking joke. But it gives deep state mueller a lever to keep hammering trump with boogeyman threats. And Cohen was never involved with politics beyond his own extortive schemes that a few overzealous lobbyists fell for.
The truth is that if the fake news reported accurately on the economy his popularity would be higher. instead the fake news focuses exclusively on fake investgations.
FYI, this stock market is looking a lot like 2007 to me. I wouldn’t be surprised to see a bigger drop, then a gain from here by mid or late 2019, then the bottom falls out. I think I’m pretty much out until SPX 2700 and I might not be long in if we get back to there either. It would have to get back to 2817 or so to make me feel comfortable again. Remember: bearish trades used to make money and may well again!
If you’re looking for a last chance bail out signal, I’d say somewhere around SPX 2590.
Gdbls,
Not arguing that media are after him. He flames it and embraces the attention. C’mon now.
Economy is being covered accurately. Rates have risen which market does not want, trade war with China which has led to less Asian buyers fueling NYC RE locally. Large corp tax gift to rich has not worked. Wages have not risen much for 75% of workers and most of reported bump went to lowly dishwashers and food servers.15k layoff at GM are not pretty. To me, it seems like media got ahead of itself last few years. Media expected economy to jump but it is clunking. Trumptards have some personal inner weakness where they have to believe R president led to greatest economy ever. Just not true. It is slow and stagnant Did I hear Fed Beige mentioned ghosting of employees? Talk about political stunt to scare employers. I smell fear that with all money spent, tax changes and economy blitz, people are just not benefitting and employers are withholding wage increases. Next downturn will be beyond ugly.
I think this aircraft carrier is slowly, slowly, slowly turning. Well before Trump is out of office the public is going to know what corruption happened inside the government to attempt to kill him beforehand.
The shlt they nailed Flynn for is so trivial it’s a fvcking joke. But it gives deep state mueller a lever to keep hammering trump with boogeyman threats. And Cohen was never involved with politics beyond his own extortive schemes that a few overzealous lobbyists fell for.
The truth is that if the fake news reported accurately on the economy his popularity would be higher. instead the fake news focuses exclusively on fake investgations.
https://www.washingtonpost.com/business/economy/investigation-of-generic-cartel-expands-to-300-drugs/2018/12/09/fb900e80-f708-11e8-863c-9e2f864d47e7_story.html?noredirect=on&utm_term=.62d3d1b1ea3c
Labor participation was putrid in the blama years. There was a lot of slack in the labor market and we have near unlimited immigration. Not hard to see why wages are flat. Trump has been trying to bring immigration to reasonable levels And he’s called a racist and anti immigrant.
I think Drudge messed up this link:
UPDATE: Human Heart Left On Flight Miraculously Makes It To Donor…
My thinking is that the Donor had the heart for a long time.
That is true and I think Donnie’s economy is simply following the same path. There are market forces and decisions that go beyond control of US govt and policy. I think that is eye opening lately. Uncontrolled immigration, uncontrolled outsourcing and uncontrolled flow of Indian H1B..all big labor issues hurting US worker. Give companies a path to production with cheaper labor and 10/10 will take it. When two most iconic flag waving, American brands (GM and Harley) give a big middle finger to America then you have to feel something has changed. It has been there for awhile but the shift is more pronounced since recession. Shoot I remember corp travel allowances, IT expense allowances and real christmas parties with spouses 15 years ago. All gone now. No one can travel except with highest approval and still will kill it last minute, people are forced to work from home yet pay their own cable/cell bills from business work..and Christmas party has been in small local bar for years. It is 3 hours and no spouses. This is one largest IBs in world too.
Pure genius
https://www.kfc.com/fire-log
Whoever the fcuk this is……
Close 5/23/18 $107.69
Yesterday’s close $44.50
Some guy says:
May 23, 2018 at 9:01 am
This is not a recommendation, but something that might worth be someone exploring on the short side: XPO
How could things go wrong?
Indebted
Cyclical
Acquisitive
Hyped
I don’t have a need for shorts in my work, so I haven’t put any research into it, but at first glance it reminds me of YellowRoadway (now YRC) of over ten years ago, a large LTL trucker that acquired and went nearly bust. If I did short strategies I’d be investigating this one.
ARLP is looking pretty good;-)