C19 Open Discussion Week 18

From Curbed:

No, Manhattan Home Prices Are Not Plummeting

For anyone shopping in Manhattan, the opportunity for a discount seemingly presented itself last week: A Douglas Elliman report revealed that the median price for Manhattan home sales in the second quarter of 2020 was down a shocking 17.7 percent year over year. Has the economic fallout from the pandemic caused Manhattan’s housing market, one of the most durable and expensive in the country, to collapse?

Despite headlines like “Manhattan Real-Estate Market Plummets As City Dwellers Seek Housing in Rural Communities” and “Real-Estate Prices Fall Sharply in New York,” the answer is, sadly, no for prospective buyers. The pandemic has disrupted the basic functioning of housing markets across the country, and particularly in New York City, where brokers weren’t even able to show homes to buyers for much of the second quarter.

“The decline does not infer a COVID discount,” says Jonathan Miller, CEO of New York appraisal firm Miller Samuel and the author of the Douglas Elliman report. “The market was shut down by state mandate, so the activity was not transparent because there were no in-house showings allowed by the brokerage community. That’s just not enough time, so there’s been no price discovery.”

The 17.7 percent drop in sales prices suggests that a housing-market crash on the level of the 2008 financial crisis is under way. But taking one number from a report and viewing it in isolation, as many headlines from last week presented it, distorts the reality on the ground, which is that New York’s housing market still isn’t fully functioning and any aggregate price data from this market should be taken with a grain of salt.

But if the market isn’t collapsing, why would the data show a huge drop in home-sale prices? There are a few factors at play. First, Miller’s report noted that home sales plunged in Manhattan by a whopping 54.1 percent year over year in the second quarter, so the median home price is based on a far smaller sample than usual.

Second, the data highlights two fiscal quarters that saw unusual activity in the luxury market. In the second quarter of 2019, homebuyers rushed to close on homes to avoid the city’s newly enacted “mansion tax,” a onetime fee on home purchases above $1 million. This led to an above-average number of luxury-home closings in Q2 of 2019, pushing up the median home-sale price for that quarter.

Conversely, the second quarter of 2020 saw fewer luxury closings because a lot of luxury market listings disappeared after the pandemic hit; wealthy homeowners are more likely to have the means to be able to wait to sell their homes, as opposed to someone at a median price point who has to move because they lost their job or got a new one. Luxury buyers are also more likely to hold off on making a huge investment during an uncertain period. This is a trend happening across the country, not just in New York.

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215 Responses to C19 Open Discussion Week 18

  1. chicagofinance says:

    Frist

  2. chicagofinance says:

    I get a fcuking frist at 3:47PM WTF?

  3. Hold my beer says:

    This is located about half an hour west from downtown Fort Worth. It’s still weird to me how rural places can be so while so close to suburbs or a major city. And all of these freedumb loving attendees who get sick will fill up the populated county hospitals in my area.

    https://www.wfaa.com/mobile/article/news/health/coronavirus/as-covid-19-cases-soar-statewide-masks-and-space-hard-to-find-at-north-texas-rodeo/287-efe6743d-7069-4e30-bac4-e761ec81ab6f

  4. Juice Box says:

    NJ Covid Hospital numbers.

    872 patients with the coronavirus or under investigation for it across New Jersey’s 71 hospitals.

    166 were in intensive or critical care and 87 were on ventilators.

  5. chicagofinance says:

    Nothing says Fcuk You Jobu like getting cut off by one of these…..

    https://www.caranddriver.com/bmw/x7
    ……. in a strip mall near my house….
    but here is the rub….. with temporary Florida plates…. so it was bought over this past weekend.
    #1 in this environment someone has the narcissism to drop $95K on a car
    #2 they have the audacity to drive it right away from Florida to NJ
    #3 they have the indecency not to at minimum shelter in place for at least 14 days after doing so
    #4 they have the insolence to drive the damned thing out in public places openly displaying their disregard for all of us and their intent on dragging us backward.

    Back to your regular scheduled programming.

  6. grim says:

    Clearly we’ve come up with a treatment protocol that’s fairly effective

  7. 3b says:

    Finishing up on the Poland thing from yesterday, if anyone is into good Polish food, I recommend the The Tatra Haus in Wallington. They have outdoor dining and pick up as well.

  8. Blue Ribbon Teacher says:

    The virus is being treated much better.

    If you come in during the first 5 days, Zinc inhibition via a combo with Hydroxychloroquine or Quercitin (OTC antioxidant) has prevented viral explosion that occurs around day 6 or 7. Many doctors are quietly using it but not publicly advocating because they don’t want to be dragged through the mud. The reality is, Zinc is the inhibitor and HCQ is the delivery mechanism. All of those junk studies run by the NIH fail to include Zinc. It makes zero sense because they are designed to fail. HCQ alone is ineffective.

    Those that come in later (past the 5 day mark) are being put on Remdesivir or Favipiravir which have both been clinically shown to reduce hospital stay and mortality.

    Those that are experiencing inflammation in the lungs can be given any number of corticosteroids via nebulizer which has cleared things up. These have been extremely effective.

    There have been doctors that have been prescribing EPO (the Lance Armstrong red blood cell drug) to increase RBC count and speed up recovery. They have seen in South America that people in the higher elevations don’t seem to be affected by the virus much at all.

    And most importantly, they are just doing supplemental oxygen on CPAP instead of the ventilator.

  9. BoomerRemover says:

    Looks like I missed a good exchange yesterday.

    Not only am I Polish but my grandmother is from Wilno (Vilnus). I haven’t visited yet, but since my wife’s father hails from the north east of Poland we plan on making the trip out there… which at this rate may be some time from now. I let my Polish passport lapse and now I’m left holding only the blue book.

    Big run-off election tomorrow. Law and order and no separation of church and state versus a western leaning youth.

  10. Chicago says:

    Everyone on the Vilnius side of my family was liquidated by the Nazis. Two of my grandfather’s cousins made it out. One came to the U.S. and the other ended up in Haifa. We just a few super old photographs and a lot of questions.

  11. Not NorthmanTrader says:

    Not sure when market will crash but eventually…

    https://northmantrader.com/2020/07/09/warning/

  12. 3b says:

    According to the article no impact to NYC housing prices, is way to early. It’s just getting started.

  13. homeboken says:

    Why does the price someone else pays for a car matter to you?
    How do you know the car wasn’t delivered from FLA?
    Your last point – Dragging us backward? Does Covid-19 transmit from the cars exhaust?

    Getting cut off sucks but you developed an entire backstory about a car and it’s driver based on road rage?

    Holy smokes….

    chicagofinance says:
    July 11, 2020 at 4:20 pm
    Nothing says Fcuk You Jobu like getting cut off by one of these…..

    https://www.caranddriver.com/bmw/x7
    ……. in a strip mall near my house….
    but here is the rub….. with temporary Florida plates…. so it was bought over this past weekend.
    #1 in this environment someone has the narcissism to drop $95K on a car
    #2 they have the audacity to drive it right away from Florida to NJ
    #3 they have the indecency not to at minimum shelter in place for at least 14 days after doing so
    #4 they have the insolence to drive the damned thing out in public places openly displaying their disregard for all of us and their intent on dragging us backward.

    Back to your regular scheduled programming.

  14. homeboken says:

    Re Pumpkins post from Friday about the 80’s generation and 1 out of 5 being below the poverty line.

    I would like to send you a Galton Board. There is a bell-curve to everything in life and nature. The bottom 20% of earners will be viewed as poverty level forever. I don’t care if they bottom 20% of earners makes $1.0mm per year. They will still be poor compared to anyone that is in the other 4 quintiles.

  15. Juice Box says:

    3B – All the kings horses and all the kings men cannot put the NYC economy back together if people don’t start working again.

    Deblasio’s plan to curb the gun play is basketball, block parties and community patrols. He has a year and half left and will not be held back by anyone now has he has nowhere to go but up to a maybe a spot in the Biden’s administration as Secretary if the control commission.

  16. Blue Ribbon Teacher says:

    With respect to Florida drivers, they view it as totally acceptable to cross 4 lanes over from the left to hit the exit ramp. It’s the norm there. Every state has its share of stupid driving. In Bergen County, I think people think it’s their civic duty to cut you off by turning left in front of you, tailgating, and trying to run down pedestrians. By me, everyone thinks it’s appropriate to drive 25 in a 45.

  17. Phoenix says:

    You would think NY and PA drivers only know one lane exists, the one on the left, and that the speed of that lane is whatever they want it to be.

  18. Phoenix says:

    D-Fens,

    Ewwwwww they remind me of my in-laws. Like creepy beyond belief.

  19. Phoenix says:

    correction ex in laws…

  20. AP says:

    What’s up, ya. Gonna be a hot day. Brother in law and niece at the house. First guests since Winter. We all had to get tested for Covid otherwise my niece’s mom wouldn’t let her travel here (out of state, custody)

    Interesting article over at the NYRB about supreme court legal precedent doctrine (stare decisis), including a look at English common-law, reliance interests, and how all this might play out in upcoming cases affecting Roe v Wade

    https://www.nybooks.com/articles/2020/07/02/why-precedent-wont-protect-roe-v-wade/q

  21. AP says:

    D-FENS, that probably deserved more of a content warning, but cool let the dude have his dance

  22. 3b says:

    Juice Corporate America can pay lip service to support for change etc, but in my opinion they are and in fact have started to shrink their real estate footprint in Manhattan, and that will only continue.

    The rioting in my opinion just accelerated it. Still a lot of summer left, and there could be more rioting. The shine is off NYC, this is far different than 9/11.

  23. Bystander says:

    Don dons the mask..now? Seriously it is shameful anyone voting for this moron.

  24. Juice Box says:

    Bystander he wore a mask in Michigan, what is being reported this is the first time? That ain’t true.

  25. Bystander says:

    One time, 3b, at behest of Ford during private visit. This was first public mask..ridiculous at this point.

  26. Bystander says:

    Sorry, jb

  27. AP says:

    If the mortality rate remains low through to August it has the potential to completely change the risk scenario

    Not “the” solution, probably, but opens up a ton of possibilities

  28. Juice Box says:

    Bystander – I see loads of politicians removing their masks, both sides of the isle.

  29. joyce says:

    AP,
    Thanks for posting the article. I’m going to read it later and I’m sure it will be interesting for one reason or another. That said, I can offer an answer to the rhetorical question of why precedent won’t protect Roe. And that is that the judicial branch, from top to bottom, ignore precedents when it suits them (for good and bad reasons).

  30. AP says:

    Joyce, yep, you’re right. The article gets into that aspect pretty well. It’s final conclusion is very near where you end your comment.

    The authors final conclusion is that defense of Roe v Wade best proceed by a defense founded on values and principles rather than precedent.

    Interestingly, conservative judges have surprised many recently, in striking down the the 20134 Louisiana Abortion law last week.

    Interestingly, Roberts rules based on a 2016 precedent, I understand.

    Judge Roberts, a conservative, is a very honorable man.

    Analysis of the decision:
    https://www.scotusblog.com/2020/06/opinion-analysis-with-roberts-providing-the-fifth-vote-court-strikes-down-louisiana-abortion-law/

  31. Juice Box says:

    Beaches beyond crowded today. I will stick to my Oasis, I can buy my kids playsand if they get off the playstation and ipad.

    https://www.nj.com/news/2020/07/cops-shut-down-access-to-nj-towns-beach-as-crowds-swell.html

  32. Blue Ribbon Teacher says:

    If you saw the drone footage from NJ.com, Long Branch is the most crowded. The other beaches on 4th of July were pretty sparse. If you go on weekdays, the beach is completely dead. Worse than post labor day. If you are looking to avoid crowds, I recommend Sea Girt. I took my kids to Point Pleasant last week and it was empty. Nobody even in the arcades or rides.

  33. ExEssex says:

    6:53 I saw Sonic Youth and the Yeah Yeah Yeahs once at McCarren park pool before it had water in it. “The Warsaw” sold their pierogies.
    Amazing.

  34. JCer says:

    BRT Cape May was hopping on 4th of July, bars packed, families playing mini golf, beach was shoulder to shoulder and people were shopping on Washington st, etc besides restaurants being outside dining only it was pretty busy….

    Trump is a nincompoop but Biden’s tax plan is a one way ticket to recession. I cannot imagine paying 50% taxes it’s bad enough as is, even with the “trump tax cut”. I had to cut the 20k check largely as a result of investment income for my 2019 taxes today. I don’t know who is handling policy for Biden’s team but if they are serious about what they are proposing we are in trouble. Raising taxes likely will need to happen at some point but the proposal needs to be more moderate and wider and shouldn’t include adding loopholes, Biden and his team is putting forth bad policy. Take your pick an imbecile who likely is a lame duck or a senile old man advancing bad policy that likely has a better chance of moving policy forward as the Dems get closer to a majority in the Senate.

  35. Blue Ribbon Teacher says:

    I couldn’t tell you anything about Cape May. I’ve never been. I’m not going to the shore on any weekend this year to avoid crowds. Weekdays, the beaches are dead from the 3 times I’ve been so far.

  36. joyce says:

    Did you read the decision on the Affordable Care Act (Obamacare)? Not on values, on constitutional principles.

    AP says:
    July 12, 2020 at 4:14 pm

    Judge Roberts, a conservative, is a very honorable man.

  37. Chicago says:

    Grim:

    Will post tomorrow from WSJ, unless someone else does first.

    Bystander is the CT expert?

    Connecticut Bet Big on the Suburbs. That Might Finally Pay Off.

  38. AP says:

    Joyce, principles rather than values in this case, correct.

    I saw the syllabus, thanks. ACA is such an awkward and precarious piece of legislation. Roberts and Kagan work very well together.

  39. Juice Box says:

    NYC Daily subway ridership still shows about an 80% decline yoy. Where did those 4 million straphangers go?

    Ferry Schedule down by me in Monmouth County is still only twice A day Down from seven morning runs only 5:45, 7:45 am boats hope you can afford a Live in nanny in September to watch your kids if you plan on going back to the office.

    Look like the next bailout will extend the extra federal Government cheese of $600 a week thru December!

  40. homeboken says:

    For the week ended 7/8/20 there were 180 Covid deaths, nationwide. There were tens of thousands of positive cases.

    Don’t take my word for it, go to the CDC and check it out.

    I don’t want anyone to get sick, but this low death rate is pretty awesome news.

    https://data.cdc.gov/NCHS/Provisional-COVID-19-Death-Counts-by-Sex-Age-and-W/vsak-wrfu

  41. TruthIsTheEnemy says:

    1 year old shot dead at Brooklyn cookout. The propaganda and racial grievance instustries are mute.

    So sad to see the latest hoax and how far they took it. Decimating already struggling communities and vilifying police nationwide in order to sway voter opinion. This hoax will backfire just like all the others.

  42. AP says:

    Truth, there are some hoaxes going on from both sides, but on this one I think you’re barking up the wrong tree.

    The Russian bounty thing for example seems to have been horribly overplayed. But Floyd? Police reform? That stuff if legit. Shouldn’t be exploited to drive an unrelated agenda, which the wingnuts will always try to do.

    “The propaganda and racial grievance industries”

    Do you realize how this label could be applied to say, Fox News, as much as what probably are your targets here?

  43. joyce says:

    AP,
    Roberts and others twisted constitutional principles to uphold the ACA.

  44. Hold my beer says:

    Homeboken

    Unfortunately Texas is having 100 die a day the last few days. Most towns and cities In DFW area have had at least 1 percent of the population test positive, about half of them in the last 3 weeks. I expect Texas to be having a few hundred deaths a day in a few weeks. Some counties have in place or have ordered refrigerator trucks.

  45. homeboken says:

    HMB – I don’t believe any claims about COVID stats without a source. You may end up being right in your prediction.

    I am not making predictions, I am analyzing factual statistics that have already occurred.

    If the last 4 months have taught us anything, it’s our ability to predict anything about this virus is laughable.

    Here is the Nationwide death-count, chart form. As you can see, we spiked horribly but we have no returned to near the seasonally adjusted trend lines for other infectious disease death rates.

    https://www.cdc.gov/coronavirus/2019-ncov/covid-data/covidview/07032020/images/nchs-mortality-report.gif

  46. AP says:

    Joyce, I’m not sure. What part of it? They struck down the mandate, and also struck down forcing Medicaid expansion by witholding overall Medicaid funding, for example.

    They upheld Congress’ right to tax (to the dismay of many of my friends on the right, I jokingly add).

    I wish Congress would have never crafted such a strange and improvised piece of legislation, to address such a fundamental and pervasive issue. Arguably passing the ACA, and the contortions and compromises needed for this, were the beginning of the end of that presidency.

  47. homeboken says:

    HMB – The data for each week is usually available on thursday/Friday of last week. It is broken down by state, age range, gender…I download the data set when it becomes available.
    If Texas has a spike in deaths, I will report back later in the week.
    Again – This is raw data, presented without any political commentary, so I appreciate you noting that I may see a spike in the #’s this week. Stay tuned for more.

  48. AP says:

    Odessa Restaurant on Avenue A to close… Say it ain’t so…

    https://champ.gothamist.com/champ/gothamist/food/odessa-restaurant-late-night-east-village-oasis-close

    Anybody here used to hang out at Odessa Bar across from Tompkins Sq park back in the day? I remember having beers there when smoking in bars was AOK

  49. joyce says:

    They did not strike down the mandate. They upheld an unapportioned direct tax which was allegedly not the intent of the drafters of that legislation.

  50. Fast Eddie says:

    So, the Washington Redskins are officially changing their name. Along with commandeering city blocks and destroying monuments, all rac1al tensions have now been quelled, crime is at a historical minimum and equality has been achieved.

  51. Juice Box says:

    Hold my beer – age demographics on deaths haven’t changed how are the elderly getting infected?

  52. AP says:

    Joyce, it was not the intent of the congressional legislators. Clearly the penalty was intended as a penalty and not a tax. Not a satisfying conclusion, I understand.

    Having said that I would argue that this is sort of the genius of Roberts/Kagan court. Not taking an obstructionist approach, but rather making an effort to salvage what could legitimately be salvaged. The court today strikes me as a fairly moderating force.

    Things may change once the more recently appointed judges have a change to spread their legal wings. Kavanaugh’s recent position paper and framework on when to overturn precent is interesting in this regard.

  53. joyce says:

    It was intended as a penalty and not a tax because unapportioned direct taxes are unconstitutional. The Supreme Court twisted itself to uphold an unconstitutional law with logic that was also unconstitutional.

    “In the United States, Article I, Section 2, Clause 3 of the Constitution requires that direct taxes imposed by the national government be apportioned among the states on the basis of population.”

  54. Chicago says:

    TSLA.

  55. The Great Pumpkin says:

    Not attacking, just trying to show you the other side. It’s all a cycle. This is the buying opportunity period. When some of the shine has come off. The city has lasted how many cycles? I doubt this cycle will be the end of it, simply taking a breath before it becomes even more valuable and desirable in the next upward leg of the cycle. This period has been in play since 2017. So I expect when the economy comes out of this recession, you will see your next leg up in nyc.

    “The rioting in my opinion just accelerated it. Still a lot of summer left, and there could be more rioting. The shine is off NYC, this is far different than 9/11.”

  56. homeboken says:

    Chicago – I hold a small TSLA position and my risk pendulum swings violently between
    A. I need to sell this thing, it is so over-valued
    B. I should borrow, cheat and steal to get more shares of this company.

    I think that is precisely how Musk wants shareholders to feel. Just buy the shares and stay out of his way. He will either make millionaires or bankrupt you. It’s wild.

  57. TruthIsTheEnemy says:

    AP

    Let me repeat. A ONE YEAR OLD INNOCENT CHILD was shot and killed in an in a hail of bullets. WHERE is the outrage?

    Or is there no political gain by covering the story? Of course not so the propaganda industry ignores it.

  58. The Great Pumpkin says:

    Agreed. I always wondered how these people play landlords while not physically there. It’s hard enough (and annoying) when you live close by, to produce profit. I don’t know how you do it when hiring out the entire process.

    jcer says:
    July 11, 2020 at 12:59 am
    pumps, there is a big difference between running rental homes and self storage. The beauty of self storage facilities is that people deposit their stuff and leave, you aren’t dealing with tenants. It is a low touch business, build it rent it out collect the checks.

    My father did some apartment complexes, they built, owned, and managed them. It was their least favorite business and these were in strong markets, NYC metro and south Florida. Apartment complexes are hard enough to manage, it is darn near impossible to run rental houses at a significant profit. The name of the game here is buy distressed property, rent it out to cover operating expenses, and profit upon the sale. The cash flow on single family homes, even purchased at fire sale prices is not good. The pay day is

  59. Hold my beer says:

    Homeboken

    local nbc site puts up daily articles for the major populated counties for DFW North texas. They usually have charts and graphs showing texas, north texas, and the 4 major counties in DFW metroplex. Some articles will have lots of charts and graphs, others just show texas cases or positivity rate or one county. They pull their numbers from local and state officials. Sometimes they even put up charts for each county that you can click on a drop down menu and look up cases by town. Then I just check census data to get an idea of cases per 10,000. Now there are so many cases I’ve switched to figuring out percentage of residents that have tested for it and concluded to only go to hmart. Will try curbside pickup for walmart this week where they just put it in the trunk for you.

    Here’s one for Dallas county from yesterday

    https://www.nbcdfw.com/news/coronavirus/dallas-county-reports-1174-new-covid-19-cases-adds-2-virus-related-deaths/2405188/

    And for Collin and Denton counties

    https://www.nbcdfw.com/news/coronavirus/collin-denton-counties-report-combined-186-new-cases-of-covid-19-sunday/2405228/

  60. The Great Pumpkin says:

    This is completely nuts. I’m convinced this movement is about money. How can you go after businesses for what happened 200 years ago.

    https://www.wsj.com/articles/london-banks-urged-to-pay-reparations-for-historical-slavery-links-11594642489?st=89yw48wsvztkrse&reflink=article_copyURL_share

  61. The Great Pumpkin says:

    And if African slaves receive reparations, where does this movement end? Basically, everyone on this planet was related to someone that was a slave at one point in history. History is brutal, and current generations should not be held responsible for the sins of the past generations. They had no part in it.

  62. Hold my beer says:

    Juice box

    About 2/3rds of deaths are 65 and older in Dallas and Tarrant counties. Over half the hospital cases are younger. The last few weeks over half the new positive cases are in the 18-39 age group and local hospitals are seeing a big rise in er visits for the under 44 group.

    My next door neighbors are in their 70’s and have thrown a few get togethers with lots of 65+ showing up. It’s so hot they are all indoors with no masks. Judging by the lack of mask wearing before masks became mandatory in public I suspect they have pretty typical behavior.

  63. The Great Pumpkin says:

    WE­STON, Conn.—It took a global pan­demic and a se­vere eco­nomic down­turn to do what once seemed im­pos­si­ble: make the Con­necti­cut sub­urbs cool again.

    Con­necti­cut stum­bled in re­cent decades on a back­fir­ing bet that peo­ple wanted to live in small towns. In­stead, young fam­i­lies and pro­fes­sion­als rushed to cities like nearby New York and Bos­ton. Early this year, Con­necti­cut found it­self slid­ing into a new re­ces­sion hav­ing never re­cov­ered from the last one. No state fared worse dur­ing the post-2009 eco­nomic ex­pan­sion.

    https://www.wsj.com/articles/connecticut-suburbs-coronavirus-new-york-real-estate-houses-for-sale-weston-fairfield-11594558882?st=kn1z6f08aqs3rhh&reflink=article_copyURL_share

  64. The Great Pumpkin says:

    Explains bystanders bias on real estate. He loved through a terrible period. You know how this works, if you held long enough, it will come.

    “No state’s real-es­tate mar­ket strug­gled more to re­build home value af­ter the fi­nan­cial cri­sis. By the end of last year, typ­i­cal home val­ues were stuck at about 20% be­low their pre-cri­sis peak, ac­cord­ing to es­ti­mates from real-es­tate com­pany Zil­low, com­pared with a na­tion­wide climb of nearly 15%. Pop­u­la­tion de­clines over the past five years haven’t helped.”

  65. Juice Box says:

    Beer- ” in their 70’s and have thrown a few get togethers”

    Yup boomers on Medicare and they want us to pay for it too. Pull the damm plug on the ventilators already.

  66. AP says:

    Pumpkin, “History is brutal, and current generations should not be held responsible for the sins of the past generations. They had no part in it.”

    It’s not about making the current generation responsible for sins. It’s about specific legal entities that still exist to this day that have benefitted from immoral acts.

    This type of historic scale needs to be addressed very carefully though. But just keep in mind that it’s not about people but primarily about legal entities.

  67. Walking says:

    Hold my beer, Good news, Cdc stating 40% of population asymptomatic to covid 19. I guess some may get sick some may die, but life goes on. Don’t stress. You could go for a walk and get mowed down by a suicidal maniac. It’s all part of how the works works. I have many older friends working in hospitals or amazon warehouses. They are continuing with life as they have no other option. That is just how life works.

  68. Fast Eddie says:

    A ONE YEAR OLD INNOCENT CHILD was shot and killed in an in a hail of bullets. WHERE is the outrage?

    They need more faith-based organizations, community programs, support groups, midnight basketball games and of course, all monuments must be removed. That will stop the violence.

  69. AP says:

    Joyce, I don’t disagree with you on a certain level, but I actually see the afford to accommodate the legislation at any cost, while not crossing the constitutional line, is an important gesture. An obstructionist SCORUs would spell disaster no matter who’s in the White House.

    But I agree that this case is bizarre in any way you look at it.

    Keep in mind that I sympathize to a great degree with the desire to increase access to health services to all who need it. Maybe they should have just expanded Medicaid, with no arm-twisting for states that refuse it.

  70. AP says:

    Fast, now you’re talking

  71. AP says:

    Truth, can you please post a link to this story? I want to see what you’re seeing

  72. homeboken says:

    HMB – The charts provide nice detail of the county area in TX.

    At the risk of putting my own bias into it, I really don’t care about positive cases that do not end in death. The site you shared states it does not track recoveries because they do not have the man-power to follow up with the thousands that test positive and don’t end up on the death roles.

    Lucklily, we don’t need a total recovery # – Total positive cases less deaths = recoveries.

    My point is that the concern, for me, was never about keeping people from getting sick. People will get sick, until we have a vaccine, that will continue. The important thing is “can we keep the sick people alive”

    Again, I wish nobody ever got sick. But that isn’t an option, so let’s focus on the most lethal illness.

    Covid is trending in a very positive direction regarding deaths, the data is crystal clear on that.

  73. joyce says:

    It clearly did cross the line. Agree to disagree.

    AP says:
    July 13, 2020 at 10:55 am

    while not crossing the constitutional line

  74. AP says:

    Joyce, I got you. We can keep digging into this one but I worry it’ll put a lot of people to sleep. Thanks for your comments. I’ll keep an open mind on it

  75. Walking says:

    Pumpkin, regarding out of state propeeties.
    Granted I don’t have an apartment building out of state, but it’s not difficult to manage. I actually prefer it as my hands are tied and I need to hire someone vs doing it myself. I spent 2 hours this past Saturday doing a rental repair myself. For my out of state properties I would have paid the $125 for a contractor. Sure I could hire someone here but like the captain el cheapos on the boards here …

    Couple of things to remember – out of state you are buying 5 year old reo home that is current code. Most repairs are simple and parts available. In nj everything is older and it’s. ..special. I have found extension cords run as wiring behind walls in homes. The seventies were crazy times construction wise.

  76. Phoenix says:

    “At the risk of putting my own bias into it, I really don’t care about positive cases that do not end in death.”

    There are worse things than death. Some of the survivors are in a living hell, not to include the expenses that go on with their new life status.

  77. Phoenix says:

    “Beer- ” in their 70’s and have thrown a few get togethers”

    Yup boomers on Medicare and they want us to pay for it too. Pull the damm plug on the ventilators already.”

    Plus many get a property tax freeze.
    They were nice enough to leave younger taxpayers with a 200B retiree debt-never paid their bill.
    Let’s not forget what they ask for their overpriced crapshacks in NJ…

  78. Phoenix says:

    And if any of these indications are not bad enough, just wait, the millennials are worse. This is the group the Karens of America come from.
    https://www.mckinsey.com/~/media/McKinsey/Industries/Consumer%20Packaged%20Goods/Our%20Insights/True%20Gen%20Generation%20Z%20and%20its%20implications%20for%20companies/SVGZ-GenerationZ-Ex1.svgz

  79. Bystander says:

    Chi,

    Regarding CT, there is definitely a mini boom happening right now but I would attribute most of it to Fed actions over NYC transplants. The 3% mortgage is causing many people to jump. People we know just bought home for $875k down the street and they are in-town. Realtors are sending flyers out, patting themselves on the back regarding the sale. They fail to mention that it was brand new construction in 2016 and previously sold for $950K. Tough pill for sellers. Also, NY transplants that I see are from Westchester more than NYC. New Rochelle was a virus epicenter back in March so most moving into CT now, started the buying process in April. The article says people did not want ‘small town CT’ during last (lost) decade. That is a misconception about Fairfield County and CT coast. Greenwich and Fairfield both have 62K residents. Norwalk has 90K. Stamford has 130K people and Bridgeport has 145K. The only smaller towns are Darien and Westport but they have over 20K, like Ridgewood size. That is entire coast in FFC. You have to go above Merritt to get small town (7-9k) like Easton and Weston but that gets to 2 acre minimum zoning and no shopping or amenities. Weston is a big spot of Jewish population so I could see that being destination for NYC folk looking for community outside NYC. Weston real estate has been absolutely destroyed last 5 years. No one wanted big estate and long drive to restaurants, train and shopping. Food sucks up here, minus a few spots. They will be disappointed overall. Still, CT is a great place. My town has 5 beaches along the sound. Some with with crabs, herons etc and some crowded, hangout beach spots. It is highly NIMBY/zone restricted which halts development and road expansion. We are truly f-ed in this regard. From business standpoint, Fairfield County used to be home to UBS US HQ, RBS US HQ, GE, GE Capital and hundres of hedge funds..plus numerous huge employers like Starwoods, Diageo..all gone now. I get why people want to come up this way but the jobs are just not there. There seems to be this positivity ‘move up and here and businesses will come’ attitude, probably because area really gained from NYC turmoil of 60s/70s plus 9/11..but I don’t see it this time. Lots of people will move here and say ‘what have we done?” if job situation changes. It will be a reality check. I think Stamford leasing is the key. City space was barely scraping by before virus. They built like mad but buildings mostly empty. Charter building new HQ. They reached out to me about IT PM job but $90K is a joke. That is why area is screwed. New jobs are Henkel and Charter paying nothing like old finance jobs.

  80. TruthIsTheEnemy says:

    Here ya go, complete horror, no coverage from major propaganda outlets.

    https://nypost.com/2020/07/13/this-is-the-1-year-old-boy-who-was-senselessly-killed-in-nyc

  81. AP says:

    Truth, I don’t mean to pull a gotcha on ya, but it was reported on the Post, on NY Times, etc. Wouldn’t that go against your point that it’s underreported?

    How else do you think this item should have been reported?

  82. TruthIsTheEnemy says:

    Ok , so it got the regional page on nytimes. The post is a local paper.

    This was a one year old innocent kid. Compare that with the George Floyd coverage. Which got more press and by what factor? Unrelenting national coverage.

    What is a more systemic problem in poor communities? Violent crime or police brutality and by what margin? Why the disparity in attention in politics and media coverage?

    Violence is off The charts in all of The democrat run cities right now. As long as it continues without proportional attention as other chronic problems it’s impossible to view the current media coverage as anything but propaganda.

  83. The Great Pumpkin says:

    Walking,

    Just feel like it adds way too much risk managing properties from a distance. You really have no idea what is going on, everything is based on trust, and I know how that ends.

    A lot of people doing it, so it must be lucrative. I’m just too scared to do it.

  84. Fast Eddie says:

    Truth,

    Some ‘thoughts and prayers’ will be offered for that kid before the next seek and destroy monuments mission commences. By the way, I see Paterson is ramping up with a slathering of shootings and murders in the last number of weeks. I guess they don’t want to miss out on the cancel culture and woke movement. All in the name of peace, transformation, hope and change.

  85. The Great Pumpkin says:

    People only see what they want to see. Sometimes, they don’t want to see the truth.

    It’s an ugly world in the slums, and it has nothing to do with racism, and everything to do with human nature and how it adapts to its surroundings. No one wants to hear that though..

    Fast Eddie says:
    July 13, 2020 at 1:28 pm
    Truth,

    Some ‘thoughts and prayers’ will be offered for that kid before the next seek and destroy monuments mission commences. By the way, I see Paterson is ramping up with a slathering of shootings and murders in the last number of weeks. I guess they don’t want to miss out on the cancel culture and woke movement. All in the name of peace, transformation, hope and change.

  86. The Great Pumpkin says:

    The poor don’t have to live like that. They don’t have to create an environment that is dangerous for locals/outsiders to walk in. They choose thug life. They embrace it. Straight up love being gangsters. Glorify the hell out of it. Go ask the ghetto kids who their neighborhood idol is…but but but it’s this guys fault.

    Just because you are poor, you don’t have to make your parks and neighborhoods dirty with trash, broken bottles, and graffiti. It’s a choice. They enjoy this way of life, it’s hard to explain, you just have to be around these people enough. The ones that don’t enjoy it, usually get out. The one’s that love thug life, do it usually for generations. Rep that block…

  87. AP says:

    Truth, thanks for your response.

    “What is a more systemic problem in poor communities? Violent crime or police brutality and by what margin?”

    Both are systemic problems and they are actually interrelated in some ways.

    “Why the disparity in attention in politics and media coverage?”

    Because one is the actions of criminals, which everyone deplores and understand as a major issue, while the other are actions of an agent of the State.

    Violent criminal, as well as organized crime, are a major scourge but the existing approach is neither effective or just.

  88. AP says:

    I encourage anyone who is serious about effective policies to combat violent crime to study: arrest quotas, the bail industry, stop and frisk, lack of public defenders, the war on drugs, and so on.

    Study the specific policies implemented and their effects.

    There was a “drive by” poster here recently who gave a number of very pragmatic suggestions. Stuff around police officer licensure, union issues, etc.

    Reasonable, non-radical proposals for reform are out there. If your line of argumentation acknowledged this it would make your argument stronger

  89. The Great Pumpkin says:

    You want a policy?

    Tell the community to come together and be good. Don’t commit crimes. Don’t hurt your neighbors, but help them. Don’t create gangs to defend and attack. Make your community safe and welcoming. None of this requires money. For some reason, poverty highlights the ruthlessness of human nature. It just amplifies the evil side of humanity. The lust for being bad. That’s all you have to do to get out of the ghetto, work hard and be good. Guess it’s very difficult for some.

    Maybe they need a good Purge once a year. I guess that’s where ideas for that movie or “Saw” come from….from a deep dark look at human nature.

  90. JCer says:

    Walking, it’s not quite so simple. Many of those new builds were put together by unskilled labor using the cheapest Chinese materials known to man. Fundamentally new build construction isn’t any great shakes, there will be code violations and the things that break in older properties break in the newer ones(it is almost always, HVAC or plumbing plumbing), the age of the roof and conditions of siding, flashings, and gutters are a big factor. You cannot count on tenants to do even the most basic maintenance so someone needs to watch the properties to ensure the tenants aren’t trashing the place.

    Most of these “investors” tend to create a property management company to go along with wherever they invest, they’ll put a manager in charge of the houses and will have a staff of handymen or some contracting agreement. In general they like to farm it out through LLC’s to other LLC’s to eliminate any claims of liability and some point it goes to an LLC called Juan’s Home Repair, INC or something of the ilk this is the business owned by an industrious immigrant who provides the essentially illegal immigrant labor who does work with no permits to quickly resolve the issues with the rental properties. The other thing is these “Investors” usually siphon tons of money off through the management company because the outside investor money(either private placement or through wall street) is paying these costs, all the parties including Juan’s Home repair have a relationship with the parent investor company, funny billing might be occurring and Juan might be providing gratis services elsewhere due to his over billing on the residential work. Don’t ask me how I know about this but I’d wager at least half of major landlords engage in these shenanigans, at least the non-public ones do, the public companies cannot get away with it usually. Also important to note they do not rely on outside contractors if it can be avoided, they have cheap labor you can charge AC units, change parts, fix outlets, patch roofs, walls, painting, etc. Again the name of the game is hold and sell when prices momentarily spike to they just want to keep these places working, generating income to keep them afloat. The renovation sales cycle is another part of the program.

    Bystander the issue in CT is the same as Jersey, why move your business to these places? Years back it was a play because of favorable tax policy and cost of living. Now a company can locate in NYC and attract talent from the suburbs, those suburbs could be Westchester, LI, NJ, CT if they company put the position in the burbs they effectively limit their employee pool. They will not get someone from Jersey to go to LI or CT and vise versa. The lack of competitiveness is the issue back when Jersey and CT had lower taxes and overall costs than NYC it was a no brainer, the post apocalyptic nature of NYC at the time didn’t hurt either. Now with technology a large part of your workforce no longer needs to be local and those that do it is generally better to centralize those positions in NYC. I don’t see COVID changing this, all it is doing is making people rethink the 5 days a week in the office paradigm which makes the suburbs more easily viable and in current circumstances it looks like NYC is heading back towards the 1970’s based on current leadership so might as well get some space and fresh air.

  91. AP says:

    Pumpkin, I’m not 100 percent sure if you’re trolling or not, but I’ll leave with this:

    “That’s all you have to do to get out of the ghetto, work hard and be good.”

    Please take a look at redlining (recent history and still happens) and hiring discrimination.

    I’ll stop here. It’s not my goal to be an activist (ut just to have interesting conversations and to learn) . But these are all broadly discussed and known dimensions to the problem.

    Things work best when the power of the individual and families is not hampered by government action or inaction. This doesn’t absolve anyone from personal responsibility, let alone criminals, but it’s a more realistic picture of things.

    Some of the other stuff you have on comment is just bizarre so I’ll leave that untouched.

  92. JCer says:

    AP, here is the issue the argument is centered on defund the police…..not reform. If rational policy suggestions with corresponding data could be presented to make wise decisions that would be one thing. What we have is policy anarchism at this point. The statues of long dead people are not the problem, the problem is the failure to accept a political movement operating under the guise of a movement looking to get justice for black victims of police misconduct! BLM has nothing to do with it’s name, it is purely a revolutionary group operating under the guise of racial justice. They offer no policy, just guilt, the removal of statues and the vilification of both police and white people in general. There has not been such a divisive movement in well over 40 years.

    One cannot objectively discuss policing and police work without discussing the elephant in the room which is high levels of criminality in urban neighborhoods that are predominately minority. The two are part and parcel of the same problem and any solutions need to take it all into account, the Terry Crews interview with Don Lemon I thought was pretty accurate. There is a big problem where a small portion of the population basically holds the entire population hostage with their bad behavior, this is holding folks back. We need to address the police issue in a way that works for everyone, we cannot leave a bunch of people defenseless to have their neighborhoods terrorized by hoodlums.

  93. AP says:

    “we cannot leave a bunch of people defenseless to have their neighborhoods terrorized by hoodlums.”

    How can we even begin to address a statement like this, JCer?

    There can legitimate disagreement about our approach to problems. The problem is that radicals on both sides make the center very hard to hold. “PoLiCe are eeevil” vs “Murderous thugs are poised to destroy civilization” is not fruitful dialogue.

    Don’t like the original BLM organization? No problem. Have strong criticisms of that organization? Completely reject that organization? No problem.

    The problem is that even the most reasonable, calm, incremental, professional suggestions for positive change are ignored, combatted, and the problem compounds.

    We are facing a situation where it’s easier to ignore that a problem exists and to place the blame and focus and the Black population with harmful stereotypes and trite “analysis”.

    Who are the people actually making progress removing criminals from gangs and reducing violence in these communities? Social Workers working one-on-one with individuals and families. That is what actually works.

    The smallest brush with the Law, sometime completely innocent like in stop and frisk, can detail a life irreparably. We need individualized intervention.

    Cops know this. They know who “the real criminals” are very well. But they are often distracted into a policing strategy that doesn’t focus on the most dangerous and violent elements but instead on dominating the “native population”

  94. chicagofinance says:

    WSJ OPINION
    INSIDE VIEW
    Your 2020 Econ Crash Course
    The laws of supply and demand have been at work in the pandemic and the protests.

    By Andy Kessler

    Remember Econ 101? Bo-ring. Something about marginal utility, blah blah, and some Keynesian claptrap about wondrous government spending. “The Soviet economy is proof that,” you’ll learn from Paul Samuelson’s 1989 textbook, “a soc!alist command economy can function and even thrive.” It’s the “con” in economics. But we don’t need no stinkin’ textbooks—just look around. Amid this pandemic and protest perturbed period, Econ 2020 will teach you everything you need to know—no classroom required.

    • Price signals. After nights of looting, Los Angeles announced curfews. I watched as protesters trying to make a point (not looters) quietly sat down in the street and were arrested one by one, zip-tied and taken away in modern-day paddy wagons. The next night, crowds dispersed right at curfew. Turns out the police issued $1,000 tickets for breaking curfew—a lot for protesters’ parents to pay. Now that’s a price signal. On the flip side, New York City’s recent restriction of cash bail meant many arrested looters were quickly released so they could loot again.

    Health care has the same problem, because so much is “free.” A study published last year in the Journal of the American Medical Association suggested 25% to 30% of health-care spending may be waste. This is especially true of notorious MRI and CT scans and heart angiograms. “Let’s just take a look to rule things out,” the thinking goes, “because insurance pays.” Then came the pandemic, which the American Hospital Association says caused hospitals to lose more than $200 billion. Why? Because frightened consumers skipped procedures, including unnecessary ones.

    • Supply and demand. Bob Barker told us, “The price is right.” Well, except in the case of shortages of toilet paper, hand sanitizer, rice, sourdough ingredients and more. Stores wouldn’t raise prices lest they be accused of gouging. Customers tried Amazon, but it had its own antigouging rules and was selling out of many items, like kettlebell weights for home workouts. So savvy sellers began listing “classic,” “vintage” or even “collectible” kettlebells so they could set market-clearing prices. Voilà, no more shortages.

    • Jobs. The most important role of an economy is job creation, for many reasons. Hong Kong’s pro-democracy protests last summer took place mostly on weekends, because so many people worked. In the U.S. this year, 40 million have lost work with many willing to be fired to collect the $600 a week unemployment add-on kicker. That meant lots of people sitting around being paid to do nothing—kindling for protest bonfires.

    • Insurance. When protests broke out in Minneapolis and elsewhere, looting followed, with $400 million in damage the first weekend. It’s OK to loot a Target store, vandals rationalized, because insurance pays. Maybe, but good luck getting decently priced insurance again in violence-stricken neighborhoods. Same with business-interruption pandemic claims. Judges may force payouts, but insurers might just drop most coverage in the future. As with flood insurance, the government may step in, with awful consequences.

    • Government. Can we trust officials to save us? Ask the Centers for Disease Control and Prevention about the months lost on its Covid-19 test fail whale. And government regulation can be deadly: Notice how quickly rules were dropped to allow doctors to practice across state lines when in short supply. Please don’t reinstitute.

    Then there’s that offensive New York Times op-ed. No not that one—I mean the one by economist Stephanie Kelton endorsing Modern Monetary Theory. If she actually believed this debunked notion that deficits don’t matter and America should spend, spend, spend, she would gladly be paid with wheelbarrows of Weimar German Papiermarks or trillion-dollar Zimbabwean notes.

    The stock market has kept allocating capital, starving the basket cases (Hertz, Chesapeake Energy) and funding the expected winners. It may be working too well. The Federal Reserve’s zero interest rates, thrilling the MMT folks, caused the market’s internal guidance system to spin wildly. Tesla’s stock tripled this year, and at $286 billion it’s selling at a pretty high multiple on its zero-emissions regulatory credits. That’s a lesson in itself.

    • Tariffs and immigration. We also learned that trade barriers failed. China stopped buying goods it had agreed to purchase, including lobster. The subsequent glut means you can order lobster online, have it Fedexed and eat for less than a feast from your local Chinese restaurant. It’s good for lobsters, I guess. And immigration works. You probably Zoom hourly but may not know that its founder, Eric Yuan, after listening to a speech by Bill Gates and trying nine times to get a visa, moved to Silicon Valley in 1997.

    • Productivity. The Covid economy didn’t collapse further because so many Americans could work from home. We could use Zoom free for 40 minutes, keeping meetings somewhat efficient. But think about it: If Zoom reduced meeting times to 20 minutes, or better yet 10, the productivity boost would be an economy popper. Find that in an economics textbook!

  95. The Great Pumpkin says:

    AP,

    Have you been in the ghetto? Actually interacted with the community? Do you know how much money some of these gangs make? It’s not about money, you don’t get it. They are thugs and they live for the gang life. They absolutely love it. Check this video out. Do you think these guys want to work regular jobs? Nope, they enjoy gang banging. They destroy these communities, but you ignore it. Blame redlining….lost.

    https://youtu.be/nqgO7-fRiXg

  96. The Great Pumpkin says:

    Ap,

    Listen at the 3:05 mark….his words not mine. Work hard and be good…hit those books.

    https://youtu.be/m6xzVEXI9QQ

  97. AP says:

    Pump, out of an excess of respect for this convo, I watched the entire video. I was not disappointed. It is a good message.

    That was my point, kids like this one (he’s young in age), need a way out of these gangs. I think there are specific programs that work and there are other programs, policies, and even attitudes that are counter-productive and unfair. Some of these policies might actually be proven to be unconstitutional in time, like stop and frisk.

    Re having first hand experience of these communities, while not an expert I have made an effort to talk one on one with folks from Newark, to Las Vegas, Houston, and beyond.

    I’ll give an anecdote. I was travelling for business in Houston. Wanted to get a last drink but bars closed early. Only bar open was in Greenpoint (also known as Gunpoint). Bolstered by some liquid courage I drove my rental there, parked and walked in. Only non-Black person in the entire bar. Guess what happened? I was treated very well, never had an issue.

    I don’t recommend anyone do that, and of course it could have ended badly, but my point is that these are not “no go” zones. This is not Baghdad. These are our neighbors.

    I wish everyone to live a life free of crime and violence

  98. Hoorahfor FoilWearingRedHats says:

    I see a lot of post referring the NYPost and WSJ. Remember their ideology and who owns it, hell the WSJ does not even mentioned the amount of Hedge Funders and even anti tax guy Grover Norquist took PPP money meant for small businesses, it was a connected GOP give-away.

    Remember is owned by a nasty aussie well connected to China who should have been deported long ago, but he bought his way in. Look at the damage he had done. Frankly, the virus seems to be taken care of his readers and probably him too. Hoorahh for chinese molesting bats.

    Finally. TruthistheEnemy, I think you are a russian, gop troll or just a bi-polar schizophrenic public teacher in the same school as Pumpkin.

    Please note, all of us have learned to put up with the loser bi-polar schizophrenic ‘tard teacher, 99% of us just move on to the next post. But we can only tolerate one, just one. So you are out of luck and find another board. We really can’t handle anymore. Otherwise, Grim – pull the plug again.

  99. The Great Pumpkin says:

    Ap,

    My fault, then we are on the same page. The most important policy must focus on how to break the gang’s control of these areas. Then the policing will follow. End goal, lives will be improved dramatically, which is what everyone wants.

    Gangs will continue to destroy the areas until we figure out a way to fix this problem. Gang culture has destroyed South America. It’s destroying Mexico and I hope it doesn’t take this country down. It’s a terrible disease that destroys the poor and desperate.

  100. The Great Pumpkin says:

    I’ve been around the poor my whole life…gangs are the source of the problem. Chicago is so infected, I really don’t know if it can be fixed. Once gang mentality takes over, it’s almost impossible to stop. Gangs produce so much crime it’s insane. Just hold back the lives of the people they infect until they destroy it, and leave the taxpayer with the bill.

  101. Hold my beeer says:

    Phoenix
    And seniors are infamous for voting against the school budget too while they rack up $500,000″ medical bills in the last few years of life.

  102. homebuyingNJ says:

    The RE market is crazy.. Bidding and multiple offers everywhere.. I’m under contract ( 3% below asking. Apparaised for list) in North NJ and I’m freaking out if the seller will backout..

    WTF is going on in here

  103. The Great Pumpkin says:

    Just admit that you don’t agree with his political bias. Don’t bring me into it, belittling me, and then act like you are on the “good” side. Always the problem with the left…

    “Finally. TruthistheEnemy, I think you are a russian, gop troll or just a bi-polar schizophrenic public teacher in the same school as Pumpkin.”

  104. The Great Pumpkin says:

    I’m hearing crazy stories. My sister’s friend overbid on a 900k middle town house for 1.050 and was outbid during the attorney review window by 150k. It’s real out here.

    homebuyingNJ says:
    July 13, 2020 at 8:48 pm
    The RE market is crazy.. Bidding and multiple offers everywhere.. I’m under contract ( 3% below asking. Apparaised for list) in North NJ and I’m freaking out if the seller will backout..

    WTF is going on in here

  105. The Great Pumpkin says:

    And this wasn’t even in the good school district section of Middletown.

  106. Blue Ribbon Teacher says:

    Just visited my friend who’s about to retire a millionaire. He said that people are bidding up his used piece of crap SNES games that used to go for $10 to $200 a pop. He’s never seen anything like this. He told me, he usually sells $30k during Christmas. He’s done the same for May and June. You mail away free money to people, they go on spending sprees.

  107. Libturd says:

    AP,

    I’m really enjoying reading your perspectives. It gets tiresome listening to the endless FoxNews narratives. What about that 1-year old caught in the cross fire? Why isn’t everyone out in the street protesting it? Because a COP didn’t shoot the 1-year old you parrot! THINK FOR YOURSELVES. When you don’t, you simply display your shallowness and willingness to be easily manipulated.

    Whoever suggested I do the hitch install at U-Haul, I appreciate the advice, but it kind of backfired horribly. I did all of the online research that I could and it pointed me to the brand new North Newark facility, just 14 minutes from my palace in Glen Ridge. I made the reservation online and initially included the install of the hitch, a hitch ball and the ball holder (stop laughing ChiFi). My appointment was the first of the day available at 9am. I was skeptical as the neighborhood this facility was in was about as bad as it gets. I mean barbed wire everywhere, grafitti on all of the buildings, no restaurants or bars or even fast food. Just one pupusaria, lots of chop shops and I witnessed one prostitute getting picked up by her pimp. The U-Haul facility was a thing of beauty among the abandoned mess of a community. There was a huge self-storage facility on the premises and it’s completely automated. They didn’t even have traditional locks on each storage locker. Everything was operated by sliding a card and entering codes into a kiosk. At 3am, you could even rent a truck online, scan your QR code and it opens a lock box with keys for it. Well, there is no place to sit in the entire facility except on the floor. Since no one wears masks in the ghetto, standing in the AC was not a smart option so I sat on the floor of the parking lock. Was told the installer would be there at 9am. He strolls in around 9:45 and I made it clear to him as well as the morning shift employee in the store that I only need the hitch. After sitting on the sidewalk for 90 minutes, I peak into the area where my car is up on a ramp and I see the installer futzing around with his motorcycle. I ask him how it’s going and he says it’s rusty so it might take a little longer. At noon, I ask the installer again and he says one side is in but the other is too rusty, but he’ll get it done soon. Probably ten minutes. An afternoon shift employee scolds me for being in the garage, so I go back to the sidewalk. Now I’m getting a little hungry since I had a small breakfast around 7:20am as I had to drive Gator JR. to his camp ride. I walk two blocks in each direction and realize I’m risking my life and not likely to find anything. I would use my phone, but the batteries nearly dead and I need to save the juice as I might need to book and Uber home the way the install is going. I stumble upon a food truck, but it only has hot dogs and the one man operation is far from Covid safe and probably, not even sanitary enough in preCovid times. At 1pm, I speak with the unmasked manager and she says I am being unappreciative of the installers efforts. I told her that I live 14 minutes from here and would have gladly gotten Gator to give me a ride home if I knew I would be spending the entire day on a sidewalk in North Newark. At 2pm, I go back to the desk to ask for another update and the manager says he’s done and then charges me for the ball holder and ball. No receipt except one emailed, since they ran out of paper. I find out, the installer removed the exhaust to put the hitch on. I really hope the pipes and mufflers stay on there as well as the hitch. I get home at 2:30pm famished. Hell of a workday. I hate this country.

  108. 3b says:

    People outbidding and overpaying on already over inflated crap shacks is insane. People are incredibly stupid and never fecking learn!!

  109. Njhombuyer says:

    People are nuts..This will die down soon but now overbidding. Unbelievable market. I’m under contract for 3% below list and I’m paranoid the seller might backout if he gets hint of crazy people..

    If that happens, I’m gonna sue the hell out of him.. Cant wait to close. Title is backed up. Loan guys are super busy.. Man..

  110. AP says:

    Thanks, Lib. I posted my first “hello world” comment here in 2013 and have been enjoying lurking the blog for even longer. I remember reading about Superstorm Sandy in realtime here on this blog. JJ’s stories.

    Treated myself by ordering a couple of bone-in ribeyes from NY Prime Rib to see if there was any value there. Man, they must’ve been routing this stuff only to restaurants only until now. Outstanding.

  111. The Great Pumpkin says:

    Remember, the market is not made up of people trying to pay the least amount of money or get a good deal. It’s wants what it wants at market price and that’s it.

    3b says:
    July 13, 2020 at 10:11 pm
    People outbidding and overpaying on already over inflated crap shacks is insane. People are incredibly stupid and never fecking learn!!

  112. The Great Pumpkin says:

    Good luck, just remember, a deal isn’t a deal till you have the keys.

    Njhombuyer says:
    July 13, 2020 at 10:21 pm
    People are nuts..This will die down soon but now overbidding. Unbelievable market. I’m under contract for 3% below list and I’m paranoid the seller might backout if he gets hint of crazy people..

    If that happens, I’m gonna sue the hell out of him.. Cant wait to close. Title is backed up. Loan guys are super busy.. Man..

  113. The Great Pumpkin says:

    If you have been lurking since 2013, you know I’m a good guy and not a racist as I was rabid lefty before it was cool. Now that it’s en Vogue, I’m out on the basis of extremism. Go look at all my early posts calling these guys racist.

    AP says:
    July 13, 2020 at 11:11 pm
    Thanks, Lib. I posted my first “hello world” comment here in 2013 and have been enjoying lurking the blog for even longer. I remember reading about Superstorm Sandy in realtime here on this blog. JJ’s stories.

    Treated myself by ordering a couple of bone-in ribeyes from NY Prime Rib to see if there was any value there. Man, they must’ve been routing this stuff only to restaurants only until now. Outstanding.

  114. The Great Pumpkin says:

    These guys…meaning the blog contributors

  115. The Great Pumpkin says:

    And I was the biggest lefty on this blog.

  116. chicagofinance says:

    that is right by where I went to school…… Englewood is just west at S Halstead..
    https://www.google.com/maps/place/Hyde+Park,+Chicago,+IL/@41.7811933,-87.6421124,14z/data=!4m5!3m4!1s0x880e2912ce6f7027:0xc0cfb5545d4a37b2!8m2!3d41.7947665!4d-87.5916753?hl=en

    The Great Pumpkin says:
    July 13, 2020 at 6:36 pm
    AP,

    Have you been in the ghetto? Actually interacted with the community? Do you know how much money some of these gangs make? It’s not about money, you don’t get it. They are thugs and they live for the gang life. They absolutely love it. Check this video out. Do you think these guys want to work regular jobs? Nope, they enjoy gang banging. They destroy these communities, but you ignore it. Blame redlining….lost.

    https://youtu.be/nqgO7-fRiXg

  117. chicagofinance says:

    https://www.youtube.com/watch?v=DMoWt0wnlUw

    Libturd says:
    July 13, 2020 at 9:57 pm
    I made the reservation online and initially included the install of the hitch, a hitch ball and the ball holder (stop laughing ChiFi).

  118. Phoenix says:

    ” Social Workers working one-on-one with individuals and families. That is what actually works.”

    That lazy group of muppets that when it came time to bat for me they whiffed.
    Don’t expect them to do the hard work when it is necessary. So busy trying to smooth something over that needed to be cut out, patched and welded in.

    A bit better than the officers I dealt with,however. They were able to ferret the rat out but I’m not so sure they could have without me providing them with irrefutable evidence.

    I think more popcorn is in order.

  119. leftwing says:

    Think I mentioned a couple times what a banner year the bond departments were going to have starting a month or so ago when these corporations were pumping out insane amounts of paper….

    JPM reported, FICC (fixed income capital markets) revenue more than doubled *expectations*.

    Who has the big house for sale up in Greenwich lol?

  120. leftwing says:

    Interesting stat flashing across CNBC screen from Barclays…

    14.4 million families with married parents, both employed
    8.2 million single parent families, employed

    14% of total workforce

  121. Juice Box says:

    Lib – Sounds like you had a great experience in the hood with hookers, dirty water dogs, barbed wire and no masks. Was it nice to feel the blood pumping and your survival street instincts kick in once you know you are out of your safe space?

    The installer removed the exhaust to put the hitch” on. All for that price of what did you say it was $225 for the “deluxe” hitch? Did the hooker charge 1/2 price for the “deluxe” because it was the end of her night shift?

    thank me later…

  122. Libturd says:

    I never felt unsafe. I never really do, because I live by stats, not gut feelings. You are probably twice as likely to be a victim of crime in North Newark than you are in Glen Ridge. That’s a risk I can handle. The problem was that there was nothing in site to walk to. It’s such a shame too, because Branch Brook Park is really beautiful and you can tell by the incredible architecture, how beautiful of a neighborhood it was prior to the riots.

    Stern is even talking about people fleeing from the city and overpaying for crapshacks in the burbs.

  123. leftwing says:

    Re: Reparations

    “It’s about specific legal entities that still exist to this day that have benefitted from immoral acts…But just keep in mind that it’s not about people but primarily about legal entities.”

    So…the US government (ie, taxpayers) is not the proposed party to pay reparations?

    Please do tell which ‘legal entity’ is to write the check if not the taxpayer?

    Descendants of plantation owners?
    Franklin and Armfield’s business from the 1820s?
    The kingdoms of Britain or Portugal?
    The (unincorporated and dirt poor) indigenous tribes of the former Dahomey?

    So, AP, which exact ‘legal entity’ pays?

    Really interested in this answer.

  124. grim says:

    I spent lots of time in Branch Brook Park running cycling races.

    Go early morning.

  125. TruthIsTheEnemy says:

    Who is being manipulated? Why would I be more outraged by a cop killing a dui ex con who violently resists arrests than a one year old attending a cook out hit by an indiscriminate hail of bullets?

    5 teenagers shot i Wilmington DE over the weekend. No mention anywhere.

  126. joyce says:

    Because we don’t expect cops to kneel on people’s backs/necks for 8 minutes when they’re handcuffed lying on the ground.

  127. joyce says:

    This WSJ article was a fine example of the standard of journalism and analysis we’ve come to know and expect these days. The lobster comment especially made no sense. Trade barriers failed even though I can get lobsters shipped directly to me for less money than before?

    WSJ OPINION
    INSIDE VIEW
    Your 2020 Econ Crash Course

    • Tariffs and immigration. We also learned that trade barriers failed. China stopped buying goods it had agreed to purchase, including lobster. The subsequent glut means you can order lobster online, have it Fedexed and eat for less than a feast from your local Chinese restaurant. It’s good for lobsters, I guess. And immigration works. You probably Zoom hourly but may not know that its founder, Eric Yuan, after listening to a speech by Bill Gates and trying nine times to get a visa, moved to Silicon Valley in 1997.

  128. TruthIsTheEnemy says:

    And neither would I but from an outrage and dehumanizing standpoint firing indiscriminately into a group of people, especially where children are present is far more egregious.

    But there is no political angle to it so politicians , and the propaganda and grievance industries practically ignoreit.

  129. 3b says:

    Lib Schiller says city real estate prices will fall, pandemic, work from home etc. It would make sense that overpriced real estate in towns close to cities will fall as well.

  130. leftwing says:

    “I see a lot of post referring the NYPost and WSJ. Remember their ideology and who owns it, hell the WSJ does not even mentioned the amount of Hedge Funders and even anti tax guy Grover Norquist took PPP money meant for small businesses, it was a connected GOP give-away.”

    Lib, ironically, what you are asking the WSJ to do with your HF and Norquist reference is to BECOME political.

    WSJ is one of the very few apolitical pieces of MSM out there….in the ilk of George Will, William Buckley, and the ACLU they will support those that hold a view developed and defended by logic and reason, irrespective of politics.

    NYT used to be the same, their front page reads like an editorial page now. It’s embarrassing and really disheartening, honestly.

    The Post is and always has been toilet paper.

  131. The Great Pumpkin says:

    Man, all the millennials are getting close to 40 and all starting to build their families in the suburbs. I knocked it out of the park on this one. All the experts said suburbs were dead and never coming back, and I fought against that mindset for years. I’m now taking the same position on WFH and the calling for the death of cities….I call bs. I know it’s a cycle based on demographics at play, and nothing more. Read into it more at your own peril.

    “After 16 years in the city (PHL), we’re moving to the suburbs (of DEN). All future tweets will come while mowing the lawn, at kids soccer practice or from Olive Garden.”

  132. Juice Box says:

    News say a Moorestown school system is now pushing for delayed opening to Sept 8th. They cite not enough time to train which can only begin on Sept 1st and was scheduled for only one day…..Sigh….

  133. leftwing says:

    “Because we don’t expect cops to kneel on people’s backs/necks for 8 minutes when they’re handcuffed lying on the ground.”

    But we have so lowered our expectations that it is fine for a gangbanger to shoot indiscriminately into a crowd?

    Love you joyce, but that is the definition of racism.

  134. Juice Box says:

    Just like your fruits, veggies, meats and other staples you have to source from multiple outlets to get the quality you want you need to to do the same for “News” whether it be Talk Radio, TV, internet or print.

    Try Urban view on SirusXM once in a while, then switch over to Patriot channel when driving, same for TV, and internet even more so.

    The good meat, those little morsels of unadulterated truth lie somewhere in-between the talking points and narratives.

  135. The Great Pumpkin says:

    Juice,

    Yes, sir! Somewhere in-between…

  136. Juice Box says:

    Pumps – you only get one Attaboy, just one so stop patting yourself on the back, you are starting to sound like the narcissist in Chief.

    Thank you luck the stars aligned and the Black Swan was on your side and now move on, we don’t want to be hearing about it for 10 years.

    BTW the bidding war you mentioned “Middletown”. Was that NY or NJ?

  137. leftwing says:

    “What about that 1-year old caught in the cross fire? Why isn’t everyone out in the street protesting it? Because a COP didn’t shoot the 1-year old you parrot! THINK FOR YOURSELVES. When you don’t, you simply display your shallowness and willingness to be easily manipulated.”

    Gonna tweak you on this one Lib and then back to the salt mines for me…..

    You have been consumed (manipulated) into contemporary liberalism which believes it has the right to frame an argument to the exclusion of all other viewpoints, and then shout down those opinions as uninformed.

    So when a one year old – a BABY on a family PICNIC – is shot dead it does not warrant protests. But when a drunken convict passes out in a car the day after one his four daughters’ birthdays and attacks a cop we march?

    And the cops are the problem, and we can have no discourse that maybe there is a problem with the culture and gangbanger?

    Good. If so I have a proposal.

    A week or so ago I supported cops slow walking calls in the face of defunding cries.

    I’ll go you one better. Stay in the station house. All of them. Do not leave, do not file a report unless a body is dragged in by someone.

    If the cops are the problem then we should be good. No more problems. If the culture and gangbangers are the problem then we’ll see blood in the streets.

    You push all your chips in and I’ll do the same, and we’ll see what’s in the flop.

    I’m pretty confident I’m holding pocket aces on this one.

  138. 3b says:

    Juice: I have a friend who was commuting from Middletown NY, for years. It’s an exhausting soul sucking commute. His company is going work from home permanently, will just have to come into office twice a month in NYC. His company will be dumping most of their NYC real estate.

  139. Juice Box says:

    Speaking if the NYtimes,WSJ, NY Post etc.

    WAPO came out against Biden’s social security plan yesterday. YES Against it! Who would have that that would happen?

    Biden’s plan is to basically helicopter in trillions for Boomer votes in November. Change COLA to a different index. CPI-Elderly (CPI-E) vs CPI-Workers (CPI-W) and give massive increases in payments etc. Immediate 5% increase to those retired for 20+ years and and raise the minimum benefit amount and give surviving spouses full benefits.

    His plan to pay for it? Remove the cap, earnings above taxable-maximum $132,900 are not subject to social security payroll tax, they wan the full 12.9% no cap.

    Also means testing meaning no more millionaires collecting Social Security benefits.

    I actually like this plan….the rich of-course don’t want it.

  140. Chicago says:

    The N.Y. Post is the greatest. So funny.

  141. Juice Box says:

    3b – My cousin who just retired at 58 from swinging a hammer in NYC for 30+ years raised his family in Middletown NY. He did the drive, bus, train etc all that time but was in very early and out very early. He is selling now (good time in my opinion) and moving to Charleston where one of his kids lives and building a retirement house.

  142. Phoenix says:

    LW,
    The problem with your “experiment” as it does not provide for you to protect yourself physically nor legally.

    NJ residents are basically declawed cats.

  143. Phoenix says:

    Daily Mail > N.Y. Post in humor.
    And some of their articles are quite good, but many are just click bait.

  144. Chicago says:

    Joyce: The essay says it’s an opinion

    The Wall Street Journal is a really solid paper. Since it’s reporting and coverage is essential for the markets and business, it’s never had to make the compromise of pandering to the readership as the Times has. They are one of the few papers that can focus on the subscription service and very readily collect revenue. They are fortunate that they have been able to maintain distance from their ownership, but they were always in position to have that advantage. They are better but they should be better.

  145. 3b says:

    Juice Big change from Middletown NY to Charleston SC. Hope he likes it.

  146. The Great Pumpkin says:

    Juice,

    NJ.

  147. The Great Pumpkin says:

    And someone will pick it up.

    “His company will be dumping most of their NYC real estate.”

  148. Libturd says:

    Left,

    You are purely political in your argument (as if Tucker Carlson just made the same lame observation) but it is completely devoid of common sense.

    The protests are not just about Floyd. They are about the systemic issue of cops constantly profiling and fukcing with black men irregardless (now legal to use) of them committing a crime. In our town, you get pulled over if you are black. In Bloomfield, you get beaten to a pulp, sentenced to prison, without committing a crime. There are so many cases of this, it proves it’s systemic. And the police reaction, as well as yours, which is to completely ignore it and hide behind the thin blue line fraternity of silence and not admit any issue exists, is pure bullsh1t. The main point of the protest, is to stop the police from screwing with the innocent. Your argument is wholly political. We all know how your tin foil hatted head sees it. This is some type of Antifa or Soros supported action (since he apparently makes weekly deposits into every liberal persons bank accounts) to have as many Republicans removed from office as is possible. Your continued (as well as the entire rights) use of the term Democrat-governed cities is pure racism. It’s not even slightly veiled. Might as well say just drop the N bomb, because we know what you are thinking.

    No one on the left is denying there is problem with black on black crime. But who are you going to protest too? The same racist cops who are acting the same way gang bangers too? Gang members are not public servants. There is a huge difference here which you continue to ignore.

    Come on now. Really. These FoxNews arguments are so friggin’ lame that even the easily fooled Flex-Seal buying, First Alert wearing (but don’t you dare make me wear a mask) crowd is no longer buying the bullsh1t.

    The protests are REAL, NECESSARY and have nothing to do with Trump than perhaps his use of populism and hatred has pushed more people out to protest. You don’t get to call White Supremacists “good people,” and not expect every black person to ignore it. To think otherwise is to be as ignorant as Trump himself. Only the lunatic fringe (FoxNews viewers) expects such an outcome. Since once again, there is no response from the white majority. I expect things to be much worse the next time a cop takes the law into his own hands and performs capital punishment on someone who did nothing more wrong than having been born black.

  149. Juice Box says:

    3B – Taxes are 3k there vs 16k here. He just became a grandpa and his new son in law is a home builder so plenty of hammers to swing for him, he will be busy building his own home and I am sure working as our clan never stops working until we drop. I was down there for the wedding nice burbs where they will be living, and it’s a short flight back up here if you want decent whatever pizza and bagels.

  150. The Great Pumpkin says:

    Amen. The left treats all the urban poor as victims. They refuse to acknowledge how bad some of them really are. The reason we need cops and jails in the first place is out of a need to protect the general public from people they claim are victims. Ironic, don’t you think? Those so called victims terrorize the lives of everyone around them. Bully their kids, and bully anyone weaker than them. Can’t stand thugs. They destroy the classroom with their bs and the neighborhoods they live in.

    “I’ll go you one better. Stay in the station house. All of them. Do not leave, do not file a report unless a body is dragged in by someone.

    If the cops are the problem then we should be good. No more problems. If the culture and gangbangers are the problem then we’ll see blood in the streets.

    You push all your chips in and I’ll do the same, and we’ll see what’s in the flop.

    I’m pretty confident I’m holding pocket aces on this one.”

  151. The Great Pumpkin says:

    The poor would have it good in America. Most would have a decent life that comes with ac and cell phones. What ruins their lives? Gangsters. They make the area unsafe, which drives away anyone that is good and hardworking (and has common sense). It destroys the schools. It sends the area into a downward spiral as those areas are cutoff from mainstream economy. Only dollar stores and check cashing joints dare to set up shop on the regular in these areas.

  152. ExEssex says:

    We’re f’ed. Accept it.

  153. Libturd says:

    The WSJ has a bias all of their own. They will never say anything negative about Wall Street excess. They also tend to favor politicians who have a tendency to cater to the rich and attack those who do not. If you are not going after the bankers and their excess, they are pretty balanced otherwise.

    Personally, I find Reuters to be the best, but wish they had a news channel. I can’t stand the local news and the major news networks are all biased garbage. I find myself watching Cheddar news in the background a lot lately. I would say they lean slightly Left, but mainly just report what is happening and are not hell bent on making up a story as to WHY.

  154. Chicago says:

    So good

    https://m.youtube.com/watch?v=SnSKsLdVL5I

    Libturd says:
    July 14, 2020 at 10:20 am
    Come on now. Really. These FoxNews arguments are so friggin’ lame that even the easily fooled Flex-Seal buying, First Alert wearing (but don’t you dare make me wear a mask) crowd is no longer buying the bullsh1t

  155. 3b says:

    Juice: I see the attraction. I never understood why the taxes were so high in Middletown NY. Cheap flights to from SC to NY. Overall better quality of life down there. Everyone very friendly. We love Surfside Beach and Murrells Inlet. The drive sucks though. Did it last year, next time we fly.

  156. Chicago says:

    Avoid the opinion pages. It takes the edge off. They don’t editorialize in the news coverage.

    Libturd says:
    July 14, 2020 at 10:37 am
    The WSJ has a bias all of their own. They will never say anything negative about Wall Street excess. They also tend to favor politicians who have a tendency to cater to the rich and attack those who do not. If you are not going after the bankers and their excess, they are pretty balanced otherwise.

  157. Libturd says:

    WHO is buying the gangster’s cocaine Pumps? Shut the F up. You have the credibility of a Jeffery Epstein. No one care’s what you think.

  158. 3b says:

    Lib : I watch either the BBC America, or Newsy, which is moderate left. No shouting and hysterics.

  159. The Great Pumpkin says:

    Lib,

    Truth hurts?

  160. The Great Pumpkin says:

    Lib,

    Why won’t you live in Paterson? Is it because you are racist and won’t live amongst minorities or is it because you don’t feel safe raising your family there? Now why is it not safe? It’s because of the police? Why?

  161. joyce says:

    1) Would you like to point to where I said it was fine?
    2) Racist, how?

    leftwing says:
    July 14, 2020 at 9:39 am
    “Because we don’t expect cops to kneel on people’s backs/necks for 8 minutes when they’re handcuffed lying on the ground.”

    But we have so lowered our expectations that it is fine for a gangbanger to shoot indiscriminately into a crowd?

    Love you joyce, but that is the definition of racism.

  162. The Great Pumpkin says:

    Why do teacher avoid working in urban schools? Most wont teach there, why?

    The turnover is incredible and only a few last for years.

  163. ExEssex says:

    I’ll say it again….we are F’ed.

  164. ExEssex says:

    10:49 Teaching as a profession has been circling the drain for years. I found it demoralizing and ridiculous as a way to make a living yet since its a second career, I just figured what the heck, and I made the most out of it. Schools have no ‘plan’ to educate children virtually and most people know how vacant the entire leadership of many educational institutions are. Its sad really.

    The money that administrators suck from the classrooms, the attempts to bully ‘professionals’ into working in lousy conditions. Most new teachers figure this out early and get out while they can.

    If you stay in the profession and can last say 30 years the pension is very good. But who in their right mind would enter it today, knowing the pensions are largely unfunded and the work environment is stifling. Yes, I have worked in both the classroom and the corporate environment and its just impossible to compare them without laughing.

  165. joyce says:

    Fair enough. I should have realized it was an opinion.

    Am I missing something with the lobster analogy?

    Chicago says:
    July 14, 2020 at 10:10 am
    Joyce: The essay says it’s an opinion

  166. The Great Pumpkin says:

    Lol…basically.

    ExEssex says:
    July 14, 2020 at 10:54 am
    I’ll say it again….we are F’ed.

  167. The Great Pumpkin says:

    Agree with you with teaching. Without a pension, I don’t know how anyone in their right mind goes into this as a career. I just completed year 15. I’m in the home stretch and hope I can last. Sometimes, I don’t know if the stress is worth it. That pension is the carrot that keeps me going. If I don’t get it, I just wasted my life away.

  168. The Great Pumpkin says:

    Urban teaching is tough. Most can’t do it. Admins are tough on you because they have no idea how hard it is to run an urban classroom. Like the general public, they think it’s so easy. Keep thinking that. It’s an art form. You either have it or you don’t. The kids like you or they don’t. A lot of these kids don’t follow rules. So it’s no easy task to manage and be held accountable for them.

  169. Juice Box says:

    Speaking of difference between private sector jobs where people never stay in one please for a whole career anymore and teaching jobs in public schools. My cousin teaches in a so-so district NJ elementary school. Kids come from poor and middle class mostly Hispanic families, commute is a tough one too do to traffic. Won’t even consider applying in the town where they sleep at night. Reason of-course cited is tenure, so you are going to be miserable for the next 20 years because you don’t want to take a chance that you won’t get tenure in another town? Where is your self confidence? Tenure is like a drug to them.

  170. leftwing says:

    Joyce

    1. Because your statement was in response to relative outrage, being an affirmative answer to the question of why one should be more outraged at the cop than the gangbanger. Maybe I misunderstood you.

    2. Within their ‘verticals’ each act was equally reprehensible. The Floyd cop actions is inexcusable. In every circumstance. The shots fired into a crowd that killed an infant is inexcusable. In every circumstance.

    If one does not have equal outrage and gives the kid a pass…why? Because ‘things like that happen in that area’? Because the kid is who he is and raised the way he was?

    Either view is pretty racist, ie. viewing two similar acts differently because of the background of those committing each act…..

    Or show me a line of reasoning that gets to less outrage of the kid killing an infant that doesn’t excuse him for his person…..

    And that is aside from the fact that had this shooting and death occurred just 14 miles to the Northeast the national and regional reaction would have been radically different….

  171. Phoenix says:

    Straw that broke camel’s back.
    Reached tipping point.
    Pivotal moment-thanks officers for being the straw that broke the camel’s back. You win the prize. You and that “so called” justice system that have millions to spend in armament but can’t seem to “afford” a camera or guard to watch Epstein.

    System rots like the old dirty fish that it is.

    And as far as everything else, American teachers lie to their students every day and withhold things from them except now it’s not 1950- no Encyclopedia Britannica- they get instant feeds and news from Tik-Tok and Instagram, they watch what you omit, they watch their lying political leaders and police, and they are not going to be gas-lighted. Then they watch their mommy Karens melt down and get drunk all day when they have a failure of the maternal instinct module and it goes into limp home mode.

    Sad when the children are more ethical than the cretins that birthed them.

  172. homeboken says:

    So a cop that decides to stay in his station house and not respond to a call that he deems dangerous is a problem.

    But a teacher that decides he can’t go back to the classroom because COVID is too dangerous, is no problem.

    Both are public servants with strong unions, impossible to fire, pensions, benefits, etc. Why does one profession get praised for valuing their safety and the other gets criticized for it?

  173. Bystander says:

    It is tough posting garbage every 3 seconds while claiming these kids won’t learn. Don’t you guys get it?

  174. Phoenix says:

    “So a cop that decides to stay in his station house and not respond to a call that he deems dangerous is a problem.”

    Without a union he would be fired.

    “But a teacher that decides he can’t go back to the classroom because COVID is too dangerous”

    Without a union she would be fired. Just like nurses were.

    Why does one profession get praised for valuing their safety and the other gets criticized for it?

    Most teachers are women. The old double standard. Women’s lives are valuable, men are disposable.

  175. homeboken says:

    Maybe the police unions should adopt virtual policing just like teachers to get to virtually do their jobs.

    911 zoom calls.

  176. homeboken says:

    Every morning the cops can post a video that the neighborhood can log in and view. If they have the need for some one-on-one policing.

    If there are any gaps in the police work, the residents can pick up the slack and take a more active role in their personal safety, just like they can take a more active role in educating their child.

    Oh, and everyone still pays full price for this service. We can’t have the cops or teachers making less money, even though they are doing 30% of the work they used to do.

  177. ExEssex says:

    11:13 to your point –

    Teaching is first in first out. So in terms of job
    Security there isn’t any for the first few years.
    Bad budget year can mean firings occur regardless.

    Teaching at a ‘middling’ school as you said is actually the
    best gig for a teacher. It’s the pressure cooker of “top rated”
    Schools that mean parents expect way too much often and the
    kids are entitled and obnoxious.

    No one really wants to teach in the town they live in.
    I did it and found it incredibly annoying .

  178. homeboken says:

    Let’s not stop there – make all municpal services virtual.

    Virtual fire fighting – just facetime the firehouse and they will tell you where to point the hose.

    Virtual garbage collection – a weekly google meet where the sanitation department will help you find the local dump where you can dispose of your own trash.

    Virtual everything!!!

  179. Blue Ribbon Teacher says:

    Oh, and everyone still pays full price for this service. We can’t have the cops or teachers making less money, even though they are doing 30% of the work they used to do.

    Teaching virtually was a lot more work for me than teaching in person. I’m at the point in my career where I don’t have to plan out a single day, every lesson is 100% catalogued in my head. I have students hand in their work in bins, I grade it by hand, and can get it back to them quickly. I can walk around the room while students are working and actively spot their errors in real time.

    Virtual, I have to design the lab and film myself doing it taking data point by data point and have all those measurements on camera. I don’t get to watch students analyze the data in real time. I have to set up a system to get them to hand in the work. Going through papers digitally takes 5x as much time as it does hard copy. I then send them feedback on their errors and have them resubmit it rather than being able to hover over them and spot their errors in real time.

    At this stage in my career, in person, I am legitimately able to not bring work home with me in a normal setting. I’ve got a few thousand pages of lessons, labs, and notes that I’ve typed and formatted by hand. Zero prep. With virtual, it easily cost me an extra 2 hours a day in labor from what I used to. Now…I’m not complaining. But the idea that I’m getting away with doing less work isn’t so. Now, the same can’t be said for other teachers. I’m sure there’s a full spectrum of people that went above and beyond and other people that treated it like a 3 month vacation.

    The reality is, given that I was acting as a teacher to my own kids, trying to occupy them while my wife worked from home, at least 4 days a week, I found myself working to 12:30 am.

  180. Phoenix says:

    BRT,
    And none of that time was spent being exposed to Covid.

  181. leftwing says:

    Ruh-roh…..

    Small cohort and not yet peer reviewed but immunity from having been infected may precipitously drop in a population after only 65 days…..

    https://www.cnbc.com/2020/07/14/immunity-to-covid-19-uk-study.html

  182. ExEssex says:

    Homeboken, I called it earlier during lockdown you are a tool of the first order.

  183. ExEssex says:

    11:24 cops are soldiers today. They are put into situations
    each day that can kill them. It’s literally in their job description.
    Many come from the military. So tell me how that relates to the
    gentle spirit of a kindergarten teacher…. for that matter.

  184. NJCoast says:

    2 people from Deal have become reinfected with COVID according to Dr. Stuart Ditchek. He has very informative videos on you tube. The community is still throwing large parties. No masks or social distancing.

  185. leftwing says:

    TY NJC

  186. AP says:

    Lots of comments this morning. I’ll pick one I order to get back in the groove.

    “Please do tell which ‘legal entity’ is to write the check if not the taxpayer?”

    Honestly don’t know. It would have to be studied very carefully, with ample documentation and legal foundation.

    My point stands though: too many people personalize the issue (“pay for the sins”, “I didn’t personally benefit”).

    The Bank of England, which was the specific case in discussion, has a very interesting history. This is such a legit issue that its spokesman has made an extraordinary statement recently, partially apologizing for its role in the slave trade.

    https://www.theguardian.com/business/2020/jun/18/bank-of-england-apologises-for-role-of-former-directors-in-slave-trade

    It is claimed that the bank has a “history of insuring slave ships and hosting a pickup point for the return of runaway slaves in London”

    https://www.nbcnews.com/news/nbcblk/critics-question-reparation-offers-british-corporations-slave-trade-ties-n1231515

    Lloyd’s has made the following eye-opening statement, apologizing “for the role played by the Lloyd’s market in the 18th-and 19th-century slave trade—an appalling and shameful period of English history, as well as our own.”

    Why would I carry water for these institutions when they themselves are reassessing their roles and trying to make things better?

  187. joyce says:

    Exactly, leftwing. Relative being the key word. You know my stance on the lesser of two evils. Both are evil. Neither are “fine.” I give neither a pass. I personally hold the government to a higher standard across the board, and it has nothing to do with the suggestions you presented.

    leftwing says:
    July 14, 2020 at 11:20 am
    Joyce

    1. Because your statement was in response to relative outrage, being an affirmative answer to the question of why one should be more outraged at the cop than the gangbanger. Maybe I misunderstood you.

    2. Within their ‘verticals’ each act was equally reprehensible. The Floyd cop actions is inexcusable. In every circumstance. The shots fired into a crowd that killed an infant is inexcusable. In every circumstance.

    If one does not have equal outrage and gives the kid a pass…why? Because ‘things like that happen in that area’? Because the kid is who he is and raised the way he was?

    Either view is pretty racist, ie. viewing two similar acts differently because of the background of those committing each act…..

    Or show me a line of reasoning that gets to less outrage of the kid killing an infant that doesn’t excuse him for his person…..

    And that is aside from the fact that had this shooting and death occurred just 14 miles to the Northeast the national and regional reaction would have been radically different….

  188. Juice Box says:

    LoL

    zerohedge
    @zerohedge
    ·
    35m
    Bari Weiss Quits New York Times, Excoriates Paper As ‘Performance Space’ For Woke Olympics

  189. NJGator says:

    City folk fleeing and overpaying? Nah? Zillow street view has the old house and SP. Compass has the pics of the replacement house and VT.

    https://www.zillow.com/homedetails/24-Stephen-St-Montclair-NJ-07042/38689048_zpid/

    https://www.compass.com/listing/24-stephen-street-montclair-nj-07042/499757339243851177/

  190. Juice Box says:

    Time to move you mean?

    N.J. Dems agreed to borrow up to $9.9B to avoid state layoffs. Now it’s time to vote.

    https://www.nj.com/coronavirus/2020/07/nj-dems-agreed-to-borrow-up-to-99b-to-avoid-state-layoffs-now-its-time-to-vote.html

  191. Bystander says:

    JB,

    The “new” New Jersey sweepstakes entrants from NYC will be in Rick Rude style Rude Awakening when property tax bill hits. Again, financial coffins are bring made now.

  192. homeboken says:

    Exessex – “the gentle spirit of a kindergarten teacher”. That is incredible.

    Since you are so obsessed with me, I want you to know that every moment you spend disapproving of me, brings me massive joy.

  193. grim says:

    Legalize Marijuana? I thought we were saving that old gag for the next election.

  194. grim says:

    Wow, read this shit:

    https://www.nj.com/mercer/2020/07/city-pays-nearly-18m-to-fire-captain-who-says-he-was-harassed-forced-to-retire.html

    Then, after you are floored at the payout.

    Read this:

    But a computer hacker stole $982,000 that Trenton’s insurance carrier was wiring to the city for their share. The city had to sue the insurance carrier for the money, when the carrier balked at sending it a second time, Burns said.

  195. grim says:

    In what fucking universe does a computer hacker steal a wire in this century? Especially in this case. Clearly, someone gave the insurer the “wrong” wire location.

    Inside job, two payouts, brilliant.

  196. ExEssex says:

    8:01 really? That is probably the gayest thing I’ve seen posted here.

  197. joyce says:

    Grim,
    I was so happy it was $1.8M and not $18M after initially glancing at the link.

    grim says:
    July 14, 2020 at 9:24 pm
    Wow, read this shit:

    https://www.nj.com/mercer/2020/07/city-pays-nearly-18m-to-fire-captain-who-says-he-was-harassed-forced-to-retire.html

  198. Fabius Maximus says:

    So back from the beach and getting slammed at work. You know that situation where you take a week off and then get left playing catch up when you get back. This was previous years times five.

    My kids school was doing On Premise Instruction for Summer School, today. It was Opt-In and a very difficult decision to make. In the end I sent the kid. I trust the school and the kid needs the social interaction for their mental health. We will see how this goes and make a call for all the kids in September. Lots of friends are discussing Home School for a year if they are pulling them back onsite.

    Lib, couldn’t find that that email. If you want to get together Grim has mine. I’m in another trip through OAL. My first trip had the misfortune of my representation, dying half way through the case. I tried to engage another attorney, but the consensus was, they would have to start the case from scratch and OAL, is always stacked against the parents. So I went Pro Se and had a blast. If I’m losing, I’m going in style. A lot of testimony with the Super et al all on the stand. I lost, but then found grounds to file the appeal in Superior Court (that’s a very high bar to clear). That with a few other things, caused them to offer a draw. I drop the appeal, they give me the placements.

    On the Hitch, I installed one once and swore never again. Trying to get the bolts into the sub frame is a nightmare. When I bought my last van, I had the dealer install the hitch and a transmission cooler. Cost me a chunk of change, but no towing worries ever since

  199. 3b says:

    Why did a retired battalion chief want a captains spot? I don’t understand that.

  200. Fabius Maximus says:

    I really want to comment on SCOTUS. I always said that the most powerful person in the country is not the President, but the Chief Justice. He gets to set the docket and schedule. We are now in the “Roberts Court” while he will let the Right agenda flow for the most part, as we saw early on with ACA, he will go to the left to maintain a impartial view of his court.

    RBG in hospital again, Alito and possibly Thomas looking to step down, its going to be a long time to January.

  201. Fabius Maximus says:

    3B

    I’ll take a guess at Full Salary, plus full pension.

  202. Fabius Maximus says:

    So did your kids do all their online school work or did they just dial it in. What were the consequences for them?

    This is why we have these problems in this country. I have no idea why this kid was on probation, regardless, this needs to change.
    https://twitter.com/sbagen/status/1282986453492998145

  203. Fabius Maximus says:

    Down goes Sessions in the AL Primary. He went to the Crossroads and now paid the mark.

  204. joyce says:

    Yup, double dipping.

    Fabius Maximus says:
    July 14, 2020 at 10:32 pm
    3B

    I’ll take a guess at Full Salary, plus full pension.

  205. chicagofinance says:
  206. Fabius Maximus says:

    https://gothamist.com/food/terrible-experience-outdoor-dining-restaurant-workers-perspective

    What happens when summer ends. These restaurants cant survive on outside dining alone. Come the fall, we are heading for a lot more closures. This weekend I used my White Privilege to tailgate at Rutts, eating dogs and drinking Rum Punch and Ghost Hawk . Grim, how long can that continue?

  207. JCer says:

    Left, I agree with you 100%. Rational thought has gone bye bye in the age of Woke and it has even infected NJReport. Lib and company are not having an honest debate they keep shifting the argument. In a conversation about policing reform, actual crime that impacts real people is part of the conversation. Pumps is the only one who actually has pointed out one of the biggest impacts of criminality, the fact that in the hood there are no real businesses, you basically have bad stores selling low quality merchandise and fast food restaurants. Criminals make living in the hood tough. Are we talking about police killings, the stated concern of BLM or are we talking about racial profiling and non-fatal interactions with the police? Why is defunding the police a viable solution?

    It’s great to be an armchair general speaking about defunding the police, have you lived it? I’ve lived in the hood. Have you ever been shopping at Walgreens when there is an armed carjacking in the parking lot. How many of your neighbors have been robbed at gunpoint? Was there ever a swat raid a mile down the road to apprehend a gang banger that ended in a shoot out and a siege? Have you ever had your car windows smashed so an addict can steal some change? This is what inner city people deal with everyday, oh and to get groceries that aren’t garbage they likely have to drive 20-30 minutes out of their neighborhood because besides cell phone stores, weird bodegas, fast food restaurants, and bad liquor stores there are no other businesses. I could have bought cocaine more easily than broccoli.

    As I have repeatedly stated any conversation that does not acknowledge the impact crime has on inner city neighborhoods and include steps to address this or at the minimum minimize the collateral damage done to the folks living there is foolish. As left has stated there should be outrage, an innocent child being killed is a pretty horrific thing and there have been multiple(Atlanta, Chicago, the Bronx) in the past few weeks and unfortunately innocents killed by criminals far outnumber suspects killed by the police. You tell me what is the bigger issue, which issue impacts more people? Why is the murder of George Floyd at the hands of police more significant the murders of innocent children? Why do their lives matter less? Why are we not concerned with finding ways to prevent these tragedies from happening again. Furthermore there have been multiple instances in the past few years where the police have restrained suspects who passed away yet there were no demands for justice, the officers didn’t even get fired, it is the privilege of being white. You use excessive force as a police officer do it to a white guy, you’ll get off Scott free, no trial. The BLM movement positions this as an issue of race which based on the data is not at all accurate. People move the argument continually but the key goal of BLM besides defunding the police is insuring Biden wins the election which really makes it a political organization under the guise of a group seeking reform. I know a few JCPD officers and they put their lives on the line trying to help their community, the whole BLM movement and the outrageous behavior is an insult to these brave people. Are there bad cops, absolutely, they are people it comes with the territory but it is a necessary and vital job. Truth be told unions and low salaries are the reason you get some cops who aren’t the best.

  208. homeboken says:

    Grim – that is the most New Jersey’esque story ever.

    Crime on top of Crim on top of Crim, finished off with a classic double dip crime.

  209. grim says:

    This weekend I used my White Privilege to tailgate at Rutts, eating dogs and drinking Rum Punch and Ghost Hawk . Grim, how long can that continue?

    No idea, covid has been good for home drinking. We are still up year on year, probably not where we’d be without Covid, but we’re up.

  210. Bystander says:

    “key goal of BLM besides defunding the police is insuring Biden wins the election which really makes it a political organization under the guise of a group seeking reform”

    Pretty sure Trump is doing this all on his own. If Obama retweeted ‘black power’ video after a BLM killed a cop, I could imagine to uproar on right and police. But, that is the sad state, you constantly dismiss his insane tweets and race baiting actions. Poor Dumpy, it is the media. Also, why is defunding the answer? It is not but this is America and it is all BS until someone does not get paid. Money changes behavior, not rhetoric. It is a behavioral scare tactic based on human response. We get threats of defunding all the time from stakeholders. It snaps people into line.

  211. Walking says:

    BLM attacking peacefully unity prayer marchers on Brooklyn bridge. Not a peep from cnn

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