From Business Insider:
Zillow is reportedly looking to sell 7,000 homes as its homebuying unit hits turbulence
Zillow’s homebuying unit is having a rough couple of weeks.
The $25 billion property giant spent the past couple of years buying up thousands of homes through Zillow Offers, its instant buyer, or iBuyer, arm.
The bad news started rolling in October 17, when it announced that it would stop buying homes for the remainder of 2021. Jeremy Wacksman, its chief operating officer, said it was because of “an operational backlog for renovations and closings” that he blamed on “a labor- and supply-constrained economy inside a competitive real estate market.”
That move sent the stock plummeting, as investors had bet on Zillow Offers as a big driver of company revenue.
Insider then reported October 28 that the majority of its homes in its five biggest markets, in places like Atlanta, Phoenix, and Houston, were listed for less than what Zillow paid to purchase the homes. The numbers were particularly striking in Phoenix, where it’s listing more than 90% of the properties for less than it paid.
…
“They’re clearly losing money on homes, and the margins will be worse this quarter,” Erickson told Insider’s Daniel Geiger. “They’ll have to write down some of their inventory.”
First
…..Remember to Vote
Joyce,
I’m well aware of AB5 as as you could guess from the date on your article, it is still wending its way through the courts and therefore not in effect.
Remember to Vote
This election is critical. The crazies are coming for your Board of Ed.
While there is no love lost between myself and the school district and board of Ed, I do not wish the MAGA wingnuts on them.
Until there is more than 2 parties in America, or rank choice voting, I will find better things to do with my time than to vote.
Or if there ever becomes a viable candidate. Or someone who isn’t connected. Or someone who shouldn’t be in a nursing home.
as you could guess from the date on your article
Odd comment. It has been talked about for over two years and was mentioned multiple times in the Democratic primary.
Fabius Maximus says:
November 2, 2021 at 7:22 am
Joyce,
I’m well aware of AB5 as as you could guess from the date on your article, it is still wending its way through the courts and therefore not in effect.
I had a long post disappear on the case against Murphy on the economy. So, here’s the bullet points.
-arbitrary shut downs during Covid. Walmart = open. Small main street guy = closed.
Shameful example of $100k+ in fines for small biz Attilis Gym.
-“follow the science” was code for “the whims of Gov. Murphy” re re-opening
-disgraceful processing of UE claims during covid.
-Low-income tenants are currently in Month #20 of not paying rent, but no evictions. A LL in this position is currently out $30k per unit in lost rent, but prop tax has been due in full.
NJTransit bleeds money with bad service. NJ borrowed $5B (on Murphy push) and kangaroo Sup. Ct. of NJ approved unconstittutional borrowing. Big $5B+ pension payments last two years. Upcoming anticipated vax mandates might cause nurse shortages or port worker shortages, exacerbating existing problems.
The left pushing CRT is obvious that they have no qualms using people as pigeons to secure their power.
By the way, just been told that voting machines in Old Bridge are down. Not in Paterson, not in Newark, not in Trenton… but in Old Bridge.
I’m starting to sway to this position.
“Readers of my articles will know that I am not a Prophet of Doom. I normally write about positive things happening around the world and companies to invest in that will make the most of that. There are still plenty of positive things happening but the negatives – that have been cracks papered over by political and other leaders since the 2007/8 financial crisis – are becoming canyons that are virtually unbridgeable. Once the investing herd wakes up to the part it has played in that, it will stampede and take all positives away with it.”
https://seekingalpha.com/article/4464000-crash-becoming-certain
Fab: Broad statement on the BOE, there all Trumpers? Really? No one is else is questioning their BOE’s. American citizens have every right to question their BOEs as to what their children are or are not being taught. I used to question the BOE, especially on borrowing and spending along with some other things over the years. I can tell you this some are the most egotistical and obnoxious people you could meet. And so very patronizing. Some are fine, but absolutely clueless, and others are as dumb as a rock, and sometimes the loudest.
Any dissent now on any topic is labeled Trumper. That’s scary.
“I had a long post…against Murphy on the economy. So, here’s the bullet points.”
And the Republicans yet again serve re-heated leftovers poorly marketed against a vulnerable Democrat in an eminently winnable seat…..
Ciattarelli is a career, low level local politician….but he and the Republicans have a cornucopia of self inflicted wounds by Murphy any one of which can easily be exploited, many of which you list…..
And we get……a platform that entirely depends on one Murphy quote on taxes and going into the night before election the main media message – commercials and live national and local TV – being ‘no Democrat has won consecutive gubernatorial seats in decades’.
Fcuking really? Against this idiot murphy your night before the election pitch to voters is that Murphy shouldn’t be re-elected because such occurrence hasn’t happened recently? REALLY? Are you truly this fcuking incompetent or are you just trying to intentionally throw this election?
JFC. I looked at the ballot. I’m voting Kuniansky. Not kidding. If my vote is getting pissed away at least I’ll do it knowingly and on my terms.
If BOE’s would drop all the political crap and just focus on actual learning…specifically, reading, writing, math in the elementary years, there would be no controversies.
leftwing,
Which is why Murphy will probably get reelected. Any pain inflicted on the masses due to taxes, tolls and every other blood-letting democrat infliction warrants no tears from me.
Agree on Jack Shitarelli.
Murphy will be the first democrat in at least a few decades to win a second term.
Jack’s Trump alignment was a negative in NJ – why bother to try to gain the far right here? Why bother to even try to appeal to any republicans. You already got them. He should have played squarely into the undecided middle, urban, and 65+ crowd, who decide everything in NJ.
JUST FOR REFERENCE 2020 election
New Jersey VOTES COUNTED 5,008,000 ELIGIBLE VOTERS 5,921,000. 84-56%
and 2017
Popular vote Murphy 1,203,110 Guadango 899,583 =. 2,102, 693 votes
Will we even see 50% turnout?
Re: the lead-in article….no time to go into detail but I will again throw this thought out…
Zillow is among the top residential real estate companies in the world…by far. Few come close in terms of market capitalization, profitability, and valuation. They could eat all of Realogy (Century 21, Corcoran, Coldwell Banker, ERA, etc) whole with less than half the cash currently existing on their balance sheet. They operate in the real world, with substantial money on the table, not as self interested opinionated industry flaks (cough, cough, NAR…).
So…a market leading company heavily vested in local residential real estate looks at select markets in which it purchases homes and says “hey, we’re GTFO…”
And the logical conclusion is the issue is with the company, and not those underlying markets?
Interesting logic.
Politics is for the birds. The right has used CRT to rile up their base and it has worked. Just like the Vaccine and mask mandate was used by both sides to rile up their base. Do you see how politics manipulates the public and causes them to fight each other in total rage on stupid nonsense? A mask? Really? We are going to lose our sh!t and rage over this kind of nonsense?
3b says:
November 2, 2021 at 8:59 am
Fab: Broad statement on the BOE, there all Trumpers? Really? No one is else is questioning their BOE’s. American citizens have every right to question their BOEs as to what their children are or are not being taught.
It seems like a smart move. Realize you were wrong, and cut loses instead of losing it all.
“So…a market leading company heavily vested in local residential real estate looks at select markets in which it purchases homes and says “hey, we’re GTFO…””
3b,
If the BOE allows a guy with a skirt to go into the bathroom with your daughter, then you’ll just have to respect their authority and judgement. Remember, it’s for the children!
Fabius Maximus says:
November 2, 2021 at 7:28 am
“This election is critical. The crazies are coming for your Board of Ed.”
Just to clarify, when Flab says ‘crazies’, he’s referring to tax-paying parents who don’t want to see their daughters attacked in girls bathrooms by trannies.
I’m with you left wing. A moderate, a la former CC, could have had a real chance against Murphy. I voted NOTA (as usual). Ciattarelli was a little too Trumpy for me and did not come across with a message that explained why he would be good for NJ.
Murphy is going to be absolutely dangerous as a lame duck. I am fortunate that I only expect to stick around here for a little less than two more years.
In other viewpoints, if Biden doesn’t croak, Trump might very well have a shot in 2024. Lack of accomplishment aside, his feeble persona is going to do him and the Democratic party in. The Dems won’t admit it, but this is RBG all over again and Trump knows it.
3B, you are right that not everyone who speaks out at a BOE meeting is a Trumper. But there is definitely an organized push by the Trump loyalists to disrupt these meetings. They certainly have the right to, and I respect their right to. But the videos of the one’s I saw are reminiscent of the same crowd that participated in the silly insurrection. Always with the same narrative. They are even showing up in Glen Ridge with the CRT stuff. Like that is happening in lillywhite Glen Ridge. They might actually get an ear or two if they didn’t always end their three minutes by being cut off by the board members, while simultaneously claiming Trump won the election.
“He should have played squarely into the undecided middle, urban, and 65+ crowd, who decide everything in NJ.”
^^^^Boom.
And the GenX-GenZ crowd on their futures…..Repubs nationally and on the State level still don’t get it…..The message can be so simple…..all these programs and debt are binding you – the young generations – to these decisions for decades and choking out any ability for you to decide what YOU want once these grey haired, Boomer fools are pushing daisies…..why let THEM determine YOUR futures NOW?
Instead, at best, I get some turkey necked, four decade in politics m’fcuker garbling on about the inside baseball of reconciliation….for fcuk’s sake I’ve been a political junkie for decades and still had to google the reconciliation process the other day for clarity….20/30-somethings? Tuned out after the first few syllables…..
Pumps: CRT is a legitimate issue. You should familiarize yourself with it. The left is using racial issues to pull this country apart. As well they look for nonsense to deem as racist or sexist, or whatever other ist word they want to use.
As an American and a centrist I find it exhausting. Maybe it’s because my Parents were immigrants and loved this country, that I dont possess the hatred that so many on the left have for this country. I also find it chilling that any dissent now will be labeled as Trump. What better way to keep people silent.
Again pointing this out in 2020 they mailed ballots automatically to everyone. Something like 93% of the 5 million votes cast last year were mail in ballots. With the 85% turnout of eligible voters a resounding success in our representative democracy why we did not repeat the mail in ballots and mail them to everyone this year. So the results so far 703,199 votes in advance of tomorrow’s general election, including 207,863 IN person early votes and 495,336 vote-by-mail ballots received so far.
What changed? This year you had to register with the county to get a mail in ballot it was not automatic.
Who benefitting this time around?
https://newjerseyglobe.com/campaigns/more-than-700000-ballots-already-cast-in-new-jersey/
Juice,
It may be a general election for NJ, but it’s not a federal election. Big difference in turnout. BTW, I was super happy to vote by mail. So easy. So inexpensive. Should be required to do it this way. And it can be simplified even more.
Lib, whatcha got for me brother?
Closed a lot of positions recently, down to only 19 total across both trading/investment portfolios……
I’d say hope you weren’t in CHGG but know that’s not your cup of tea….
Lib: I agree BOE meetings should not be hijacked by Trumpers, and the left should not accuse anyone of disagreeing with their decisions as Trumpers therefore intimidating people into staying silent lest they be labeled Trumpers. One is bad the other is worse does not matter, instill hatred, divide people that’s what the lunatics on both sides want. As for CRT IMO it’s full of disinformation and half truths . Instead teach about Dr Martin Luther King, but sadly his message does not fit the narrative today.
leftwing says:
November 2, 2021 at 8:59 am
“And the Republicans yet again serve re-heated leftovers poorly marketed against a vulnerable Democrat in an eminently winnable seat…”
Respectfully disagree here. NJ is truly a lost cause. It is now a firmly established one-party system where the takers (largely public employee unions and corrupt Dem city constituencies) simply outnumber the makers (private sector tax payers). Look no further than the 2018 NJ senate election where the R’s ran Hugin (Princeton grad, Marine Corps vet, biotech CEO) against the thoroughly corrupt and useless Menendez, and Menendez crushed him.
The End Is Nigh (Lakewood/Monsey Edition):
https://nypost.com/2021/11/02/fake-orthodox-father-son-rabbis-outed-as-christians/
left.
Darling. No, I’m not making a pass. Look it up. And in the grand scheme of things, will probably take another 20% out of my portfolio and move into stable. I may even go inverse a little in December for tax loss harvesting season. If I do, it will be daily moves. I think small cap is a good way to play the impending correction since they are not nearly as overvalued as the disruptors and energy/utilities didn’t work last time around. Wish I had more for you. You could always play Tesla short through options.
Lib – My point is this 93% of the ballots cast last year were mail in ballots, simply because they sent them to everyone no application needed and then restricted the number of in-person voting locations. There was no extra step of finding the application online, downloading the application and printing out a mailing it back.
We will not see the 85% level turnout because now you have to go wait in line with everyone else to vote. Voter apathy the same one the Republicans like, the Democrats in NJ now like this year….
You can thank trump for that. Trump riled up the dem base so much that they added legions of voters that actually came out to vote against everything associated with trump.
“Look no further than the 2018 NJ senate election where the R’s ran Hugin (Princeton grad, Marine Corps vet, biotech CEO) against the thoroughly corrupt and useless Menendez, and Menendez crushed him.”
I was thinking the same thing…small cap. Mentioned it the other day on here.
“If I do, it will be daily moves. I think small cap is a good way to play the impending correction since they are not nearly as overvalued as the disruptors and energy/utilities didn’t work last time around. Wish I had more for you. You could always play Tesla short through options.”
NJ is truly a lost cause. It is now a firmly established one-party system where the takers (largely public employee unions and corrupt Dem city constituencies) simply outnumber the makers (private sector tax payers).
Just a few years ago, there was no way I would have thought of leaving NJ. It went from being a place that had it’s it’s own culture, charm and identity to just a piece of land that is pillaged and stripped at will. At what point will anyone be able to live here and why would they? It’s number 1 in tax theft and number 50 in business-friendly attraction. My heart wants to stay after retirement but for what reason?
Lib: I agree with your Murphy/Cittarelli and Biden/ Dem party 100 percent.
I have a problem with the current TESLA hype. Elon now says there is no signed contract with Hertz. Just out of bankruptcy Hertz does not have $5 billion laying around to buy the cars. The cost of installing the high voltage charging at all of their rental locations is not cheap either. They may get some money from the Feds for it, but it would need to be open for everyone. Hertz needs to go and borrow allot of money to pull it off.
Again TESLA lots of Hype….for a P/E of 389.
Yes don’t short the cult but at these levels I ain’t buying either. My Ford investment has made me 100% since last year. I like what they are doing getting into the battery manufacturing business building 4 plants to make batteries here in the USA by partnering with SK innovation to supply their electric cars and trucks and not relying anyone else.
Trump wasn’t relevant in the election unless you have tds. Then he’s always relevant.
Corzine lost in part because he squandered a bunch of union money on Lehman bros and his a bad economy. I think it would have been very tough for the fast man to win today.
The union grip is too tight and the registration imbalance has grown. It takes massive discontent to overcome that and it didn’t happen. Maybe had the economy crashed sooner.
SGC,
FWIW, Hugin was the last Republican I voted for, I think. And if you are willing to listen, I think the problem with Hugin is not so much that NJ is any bluer than it ever was, CC got two terms (don’t forget). I think it’s that every Republican is now seen as a Trumper, even when they are not. The moment Trump endorsed him, I’m sure he felt like he was that one member of the audience that although avoiding eye contact and with his head slightly turned away, he was still the guy the comedian at a large show singled out and got picked on.
Ciattarelli, though was at least semi-Trumpy.
The populists versus the traditional is going to be a long-term problem for the Republicans.
Chi – They learned Yiddish? That is what you call dedication.
LOL, had to read that twice……
Quick glance, nice company….wish I got into it before the last month’s runup from low 70s to 86 (why do I suspect you were there lol)….off a bit today ahead of earnings next week and looking a bit overbought, so may wait and see where she goes, maybe write some puts where I would buy it if they’re liquid….in any case will do a deeper dive, industry and latest Q certainly warrant it.
Shorts….closed most except for DIS and GE, where the specific setups I have are just too good…TSLA, tough, may be a squeeze there going on through the options market, need to look more closely, probably stay out of the way of that one….did short some HOOD over earnings, should have thrown that on here, sh1t company…..I’ll find some new things this week or so, will throw best ideas up…..TY
Local town and BOE elections it’s like watching the Pro Wrestlers make their speeches before the smackdown.
Here is the local town FB group smack talk this morning, The former Mayor talking smack to former BOE President.
“I come to understand Danielle is talking smack about me possibly on this thread. She has me blocked so I can’t see it. I’ll put my record up against hers any day. She was the worst BOE president possibly in this towns long history. Zero accomplishments except higher taxes and disrepair of schools. Soundly defeated in 2018 by a wide margin when she tried to use our kids as as stepping stone for higher office. Why she keeps trying to destroy our schools is beyond me. Find a new hobby. You clearly were an epic failure in everything you touched.”
All kinds of accusations too about required election c-1 filings for donations and who is paying for the $5000 mailings.. This is for a BOE seat.
Then there is the mask debate. Seems Gov Murphy lifted the mask mandate for election day…you don’t need a mask to vote in-person.. funny stuff..
“This is either the smartest virus ever to know when to take a day off or we are living through more Murphy political science. Feel free to opine”
Corzine lost because he looked like the Cheshire Cat
Bonus points if you can name the long lost commenter here from back in the day who nailed that one..
The election day mask free mandate in schools makes perfect sense. You can enter a school, without a mask, under one condition. You are physically separated from all those vaccinated masked kids at the high school
Lib, wrote a bunch of 75P for Friday in Z……stock stays above that level I pocket 1% for four days’ of “work”….It closing below 75 has an 86% probability, and is a 15% decline from here after being down 9% today….
No such thing as free money but the stats on this one off the chart in my favor…
Stock runs through that level I ‘roll’ down to a lower price (70 or below) where I would gladly take the shares….
Get that Level II options approval brother…
The education industry has always been a key tool in shaping the minds of the populace and the social justice warriors, critical race theorists, and diversity/equity/inclusion factions have absolutely made a huge leap in terms of taking control of the re-education of America’s youth to adopt their value judgments. Even the whitest, highest income schools have been taken over. I saw it happen in front of my eyes. Somehow the Hillary Clinton loss made them more deranged, more determined to “resist” the white male patriarchy and recast societal thoughts to wipe out those who don’t agree with them. They are teaching extreme racism in the name of “anti-racism”. They are teaching kids to hate America’s founding values.
Parents are genuinely and justly horrified to see that the schools are teaching their kids ideas and values they are opposed to. The left-wing media and fools like Fabmax, and useful idiots like Libturd are trying to pretend that its the parents who are the radicals and terrorists. Perhaps there are a few aggressive/dumb opponents at BOE meeting, but there are likely 100x more parents who are quietly uncomfortable with what the schools are teaching but don’t have the words or the courage to speak up against it, and are glad that someone is. The education industry has all sorts of conferences/protections/structures that aid and abet this ongoing indoctrination. Yet they get livid when they see some parents band together to try to do what little they can to oppose this ongoing indoctrination of their kids. The education powers expect total obedience and submission from their paying customers, no complaints about their products or services shall be tolerated. How dare them, terrorists! Trumpists! Flat-earthists!
I think people like to tell themselves that they would put aside party affiliation when voting and then don’t.
If you think there is hope for a more practical nj then you would vote for citiarelli. His election would cause gridlock which is the best thing right now.
Murphy is still trying to build his National progressive profile at the expense of the state and won’t be around when the fallout ensues.
Might have a point. It’s so difficult to read the current the economy.
“Hard to believe, with so much employment (anyone who wants a job can get one), so much cash sloshing around (most companies are bloated with cash and talking buy backs again), middle income bracket is getting the money now (high income just hord, middle spends a large portion) leading to greater purchasing and higher GDP, and the Fed seems determined to keep the party going. Once the supply issues are solved (I see this happening already) there will be an explosion of commerce for the next two years. When Bernanke “juiced” the economy, it was good for a 5 year run, this “juicing” is 5 times that. There’s no way we are going into a recession any time soon. High employment and low GDP just do not go hand in hand. Whatever happens in China they’ve brought onto themselves. The U.S. is only 20% of their export, if they go into recession, it won’t take the U.S. with them (Asia, in general will take the brunt of it). China is not the sole US supplier that every one believes they are (Mexico is actually the largest supplier). With the import games and bribery demands foreign companies have had to deal with over the decades, along with rampant thievery of intellectual property and belligerent attitude with… basically, everyone, I’m thinking China will find very few sympathisers for their coming plight. Many believe China is playing “GO” and thinking 20 moves ahead, I believe they sacrificed their future for instant gratification, in the form of world power, now they have to pay the price, and they’ll soon be 20 moves behind.”
BRT – Just pointing out the Governor’s extended powers, like the eviction moratorium still in effect until after the election. The Pandemic ended in June officially declared ended, yet here we are… the extended powers are still around thanks to the legislature.
Lib: I would say the Dems are going to have the same problem with the moderate/ centrist Democrats .
“Get that Level II options approval brother…”
I just don’t know if I can fathom the trip through the sandbox (or is that quicksand).
And yes, I got in DARL lower 70s.
Watch PERI. Israeli firm with great web advertising tech. If she pulls back, pounce.
Too bad it’s now election week/month rather than election day…..otherwise I would suggest a GTG somewhere with TVs who would be group friendly and put on the VA election results tonight….yeah, it’s only Tues, but WTF lol.
3b, they might.
A centrist could score big points with the disgust so many people have with their own parties. Wish one would come along, but the press wouldn’t know what to do with it.
Virginia election could be very telling. If the Dem wins, people are not that fed up with old sleepy president or guilt-ridden policy.
NJ NEWS 12 reporting..
Turnout: here in Keyport it is on track to surpass 50% – 2020 turnout for presidential election was 70% – four years ago turnout statewide was 38.5%
Poll workers tell me they are seeing strong numbers so far today. @News12NJ
Will watch PERI.
“I just don’t know if I can fathom the trip through the sandbox”
LOL. Keep it simple. Two trades. Covered calls against shares you own to reduce basis/enhance return. Put write for shares you want to/would own but at a price cheaper than current.
Two or three really simple go/no go criteria attached to each, very straightforward and easily comprehended.
Google a bit, focus on those two situations. Leave all the other crazy shit (90%+), noise, and especially memes behind.
No one has too much Fox News/Q delusion to confront in one post. Explain why black people should love our founding fathers like the white community? The delusion is unreal.
America’s teaching about slavery in white schools – here, read this book about a white kid Huckleberry Finn by our great white author, Mark Twain. A great white man, Abraham Lincoln emancipated them then skip ahead 100 years and a great white supreme court gave them rights..the end.
Bystander,
What you said, but with humor
https://youtu.be/O1xgXJ5_Q34?t=195
Bystander: And what is the point of teaching hatred about the founding fathers? You should read the debates they had on slavery, and how states like Vermont ended it early. If we are going to teach and teach it all, the whole sorry episode history behind slavery from the earliest days until it was ended mostly by the end of the 19th century. And let’s teach about all the players involved in the history of slavery; don’t leave out the uncomfortable facts.
What was done to Black Americans in this country was disgraceful, and the north abandoned its responsible after the civil war and let the southern states continue to oppress Black Americans as well as the racial discrimination against them in the rest of the country.
Rather then teach CRT far better to teach about all the contributions Black Americans have made to this country, positively influencing and adding to so much of what we are.
And finally lets teach about mans blind indifference to his fellow man across the ages. Let’s teach discrimination and hatred and intolerance should have no place in this country. CRT in my mind is replacing one form of hatred and replacing it with another.
It’s a joke that Murphy thinks he can run for president. The guy is completely inarticulate, literally fumbles over his words. He’s got zero charisma.
The only silver lining in Murphy thinking he could be president is that he might, in Bloombergian fashion, light $50m of his own money on fire trying to run.
The abuse the NJ public may take the next four years for that delusion, if he holds it, will be bad. I long for a governor whose long-term aspirations for post-governor life are more like $250k/year to nap in fancy office from 11 am to 1 pm before heading home as “Chairman of the Meadowlands Commission on Wasting Taxpayer Money Aggressively” or to have literally 20 cousins appointed to Passaic Valley Sewer Authority or whatever rather than the White House.
3b,
I don’t know enough about CRT and neither do most of red hat dummies railing against it. I don’t agree with your assertion that slavery was settled in 19th century when south used grandfather clauses, poll taxes and all sort of black vote blockers right up until 1965. I will say this – CRT, defund police, MeToo are extreme responses to extreme racism and sexism. I don’t agree with it but like asking for budget you ask for the most and settle on middle. I hope we get there but right now it is bad. My mother was telling me that she could not even have a bank account as a woman in the 70s..seriously WTF is right talking about that things are fair now? Barely a generation removed from that sh&t. Lots of people are still pissed bc they remember negative impact this stuff had on their lives.
So sad, but so true crushed.
I won’t go into detail, but a colleague and I were discussing the starting of a Zoom call at 5:35PM instead of the publicized 5:30PM. She is a the leader of our branch of a much larger organization. This webinar session offered us a shocking primer on how to conduct ourselves during 2021-2022. Anyway, in a candid discussion afterward, she mentioned a pet peeve. “If the call was going to start at 5:35Pm, then tell us. Don’t make us show up on time and wait five minutes.” I told her that she did not understand the extent of subtle messaging happening. When I drew he attention to the following, she was shocked….. honestly, it is really disheartening….. I don’t appreciate the style of No One’s “useful idiots like Libturd”, but it is sadly correct.
https://thearticulateceo.typepad.com/my-blog/2011/08/cultural-differences-monochronic-versus-polychronic.html
No One says:
November 2, 2021 at 10:36 am
The education industry has always been a key tool in shaping the minds of the populace and the social justice warriors, critical race theorists, and diversity/equity/inclusion factions have absolutely made a huge leap in terms of taking control of the re-education of America’s youth to adopt their value judgments. Even the whitest, highest income schools have been taken over. I saw it happen in front of my eyes. Somehow the Hillary Clinton loss made them more deranged, more determined to “resist” the white male patriarchy and recast societal thoughts to wipe out those who don’t agree with them. They are teaching extreme racism in the name of “anti-racism”. They are teaching kids to hate America’s founding values.
Well, I’m as monochronic as they come.
As for NoOne’s comment; he is definitely the politics-for-sport type. My thick skin allows me to ignore the ignorance of others without feeling the insatiable need to return the favor. Of course, NoOne thinks I’m an idiot. He considers everyone who strays from his NewsMax echo chamber a moron. That’s fine. I love my enemies. It’s the only possible way to change them.
Chi,
I don’t know what you are imagining with this statement but there are absolute cultural differences with meeting timing. I deal with Swiss people all day and they are 100% monochronic across board, to a fault. They start talking at 11:00 and they watch clock closely and shut down meeting exactly at 11:30. “The meeting has concluded..thank you. Bye Bye..click” You could be in mid-sentence or have key point. They are not interested. Likewise, you have 30m then they fill up 30m and keep talking rather than let you go.
“If you live in the United States, Canada, or Northern Europe, you live in a monochronic culture. If you live in Latin America, the Arab part of the Middle East, or sub-Sahara Africa, you live in a polychronic culture.”
LOLOLOL.
So two doors, A and B. Which one to choose….before making your choice let’ strip away mono- and poly- and just state the obvious….
Educated, accomplished, productive, industrious, and wealthy culture.
Or uneducated, neolithic, unaccomplished, third world, dirt poor, and corrupt culture.
But, yeah, let’s make them equivalent. LOL.
The wingnuts are coming for the BOE. Lots of lawn signs with “Education not Ind0ctorination”. They are well funded, with lots of mailings, lawn signs and Facebook Ads.
Here is a big shocker, they don’t teach CRT in schools. They teach a lot of things like the Civil War, Jim Crow, Civil Rights, that a lot of people don’t want to talk about but CRT is not on the curriculum. It is fear mongering by the right.
A lot of people who go to the meetings don’t understand how the meeting works. You get your x minutes to say whatever you want and they will listen to you. As long as you are not being profane or libelous, you can say whatever you want. They dont have to engage with you. Its is not a back and forth. It is not question and answer. You want a question answered, put it in writing and they will respond. In any meeting, if you get up and say X, there is a good chance that the next person up is going to take the opposite side.
The BOE does not dictate the curriculum, the state does. So these wingnuts are railing at the BOE members when they should be directing their frustrations at Trenton.
You cant fix stupid, or loud and dumb.
https://twitter.com/TheGoodLiars/status/1455243036795998212
Doubled down on my Z, this time at 60.00……bumping bellies with this market…..first tranche is down 108% so far….
Remind me, where does commitment end and stupidity begin….
Just teach the truth. Don’t embellish.
Just remember, people, life changes and you are getting old. That means, out of touch, and yearning for a romanticized vision from the past of what society should look like. Just remember how angry the parents (older generations) were at kids listening to Elvis, the beatles, and rock n roll.
These parents flipping out at BOE meetings don’t understand that society has already changed whether they like it or not. It’s not worth wasting energy fighting change that you can’t stop. That whole MAGA movement sounded great, who doesn’t want to bring back the American society we all lived through and loved, but it’s gone. Gone with the wind.
Look…… I originally did not want to blur the issue, so I focused on the specific point of timeliness. However, the following link was the original source.
The implications are extremely troubling….. remember, I am focused on the idea that many of us that are open to a broad discussion about the foundations of our society. However, I am deeply concerned that most of us don’t appreciate that we are being explicitly attacked by people who want to undermine the functioning of this economy.
I looks very stark written in that way. I am just putting it out there. I am not foaming at the mouth. It is interesting to read it.
https://ssir.org/articles/entry/the_bias_of_professionalism_standards
My above point looks very stark written in that way.
Also, is their such thing in IT as a “Scrum Master”, because some technical recruiter just sent me requirements for a “scum master” and then other programming jargon….
There has been a paradigm shift in how meetings start and stop due to the pandemic. Companies found that people were getting booked into back to back meetings and people where going hours or all day without breaks. You can now set schedule breaks and ending notifications into Zoom, WebEx etc,
Meetings in my firm now run x:05 to x:25 or x:05 to x:55 to give people built in transition time.
Scum Master is a great malapropism. I listen to it everyday particularly when org trying to run Agile without having any business product owners (like my IB)..you are truly the Scum Master here.
“In their definition, the term describes a series of characteristics that institutionalize…Westernness as both normal and superior to other ethnic, racial, and regional identities and customs.”
Uhmmmm, because in a Western country it is?
Took a trip to Turkey with the kids during Ramadan a few years back….my guys are very culturally fluent.
Even they were appalled by the gaggle of US college girls walking the Sultan Ahmet park right outside the Blue Mosque. Halters, short shorts, with the folds of their (generous) asses hanging out….
Western values dominate in Western countries for the same reason a figure hugging dress cut above the knee on a professional Muslim woman exec (assuming you can actually find one) doesn’t fly in their culture.
I realize as I type that the content of the above article is so ridiculously stupid it is beneath even being addressed….
But I suppose that view makes me a White, Western, Male oppressor. It’s an embarrassment to Stanford they let that drivel be published under their masthead.
Phoenix: Exactly.
The person who still clings to Russia collusion despite it being disavowed everywhere else says their is no CRT being taught. Highly credible.
The oversized bigot front Rutgers gender studies is a perfect illustration of CRT in action. Half literate, with a wall full of useless degrees, full of historical misinformation, spewing hatred while hiding behind tenure. That’s the game plan for CRT. Mobilize the public school system for activism. The end game tear down all institutions and replace them with Marxism.
Bystander: I said the institution of slavery ended, and then noted what came after.
It’s not about teaching history at all. It’s about constructing and promoting a narrative that will facilitate their political vision. Absent that, the Marxist agenda is a non starter.
I think it’s more about shifting the narrative.
No that would be too generous.
This is a falsified history. Every time they try to create a new history e.g. 1619 it gets shredded. That buffoon claimed the other day that brown and indigenous folks traded for millennia in peace. Oh really?
Where did She learn that? The CRT handbook?
That buffoon claimed the other day that he STILL won the election.
Talk about rewriting history.
It’s ALWAYS about trump for the tds folks.
3b,
Then you and I will have to disagree on what institution means. The Supreme Court may have had a ruling in late 1800s but it did very little to change the institution for almost a 100 years.
Lots of action at my polling place at 3pm. My neighbor is running for BOE so I kept my promise to vote for her, anyway if the amount of people showing up in my sleepy corner of Monmouth county is any indication it might be actually be a close race. One election phone poll says 4 points for Murphy with approx 4% undecided.
GOAT as usual brushes over the cult obsession with a one term loser. How many posts here blame Biden then end with “just because of mean tweets”. The TDS is on your side if anywhere.
LOL Orange man is back in the White House!
https://www.reddit.com/r/PublicFreakout/comments/ql00gu/we_should_really_get_to_the_bottom_of_this/
The refusal of OPEC+ to increase crude oil production is affecting America’s working class, President Biden said at a news conference following the G20 meeting in Rome.
“I do think that the idea that Russia and Saudi Arabia and other major producers are not going to pump more oil so people can have gasoline to get to and from work, for example, is not, is not, right,” Biden said as quoted by Russian TASS.
“It [OPEC+’s decision to keep a lid on output increases] has profound impact on working class families just to get back and forth to work,” the U.S. President added, as quoted by NPR.
What happened to climate change matters? Where’s the Keystone pipeline? Oh, I get it, not in my back yard. What a demented buffoon.
Speaking of meetings. Just what you needed on your zoom or teams call.
https://www.ft.com/content/62d4652f-faec-4ef7-b642-1ae7b4262563
Pumps once the price drops below $70 the US producers cut production. Now that it’s up again they are expecting another million barrels a day from US producers, with room for another million plus a day. The pipeline is only a cost savings, go see the oil trains that roll down to NJ refineries bearing Canadian bitumen, they are stacked up along the turnpike, so many that they added a privacy screen along the fencing. Saudi Arabia exports to the US only a half million barrels a day, most of our oil burned is local.
Yeah I cannot feel too badly for those obsessed with the “new” narrative that a less biased history retells when they have no real understanding of “reality” to begin with.
I don’t think Libturd is an idiot. When it’s his own money at stake he’s very smart. The term “useful idiot” came from the commies last century.
“The term was originally used during the Cold War to describe non-communists regarded as susceptible to communist propaganda and manipulation.”
Fabmax is a true believer and enthusiastic carrier of the intellectual plague. Libturd sadly seems to have lost his resistance against this kind of BS in recent years, and now goes along with propaganda I wouldn’t have expected him to. Now Bebo is the victim of the white race, now government which cannot be trusted to run trains or build bike paths can be trusted to fully take over huge industries. Libturd isn’t as hard headed about other people’s money or liberty as he is about his own. Which saddens me because I like and admire Libturd. If pumpkin held these contradictions, so what, nothing new.
My CRT/new history comment . . .
I just ate lunch a few mins ago and Fox News had a segment where they interviewed two Virginia moms: one supporting the Dem Gov candidate and the other supporting the Rep. Gov. candidate.
The Dem lady said something like “Columbus slaughtered natives. That’s just a fact.” She said “fact” in a tone of capital letters, underlined and italicized.
Columbus slaughtered natives. Washington owned slaves. The CRT conversation and the VA Gov. vote does not center on whether this is true or not. The question is how much emphasis on these facts is best serving the education of our children.
To put it simply – How much of the lesson on the George Washington and the other Founding Fathers should be about their slaveholdings – 99%? 50%? 10%? People can differ – some think 99% , some think 1% .
How much of the lesson on George Washington and the other founding fathers should be about the fact that they forged a nationstate that is likely responsible, by emulation, for billions living in some form of liberty today – 99% 50% 10%? People can differ – some think 99%, some think 1%.
Tangential to the main conversation – Rather than casting the “oppressor-oppressed” aspect of the history lesson in racial terms – why in the world is it not cast in terms of political and economic power? Romans enslaved conquered people without regard for race or ethnicity. English kings and lords had English oppressed serfs.
How much of the lesson on George Washington and the other founding fathers should be about the fact that Washington was a billionaire in today’s terms, while some people in 1700’s USA starved or froze to death – 99% 50% 10%? People can differ – some think 99%, some think 1%.
Fab: I’ve seen ending at :20/:25 or :50/:55…… but announcing :00/:30 and starting at :05/:35 is conspicuous. I’m not disagreeing, but I think your plausible explanation is not correct.
Also, this zoom was a one-off and done after hours by volunteers. It was also recorded for later viewing.
Fabius Maximus says:
November 2, 2021 at 1:59 pm
There has been a paradigm shift in how meetings start and stop due to the pandemic. Companies found that people were getting booked into back to back meetings and people where going hours or all day without breaks. You can now set schedule breaks and ending notifications into Zoom, WebEx etc,
Meetings in my firm now run x:05 to x:25 or x:05 to x:55 to give people built in transition time.
“I’m not disagreeing, but I think your plausible explanation is not correct.”
Possibly my worst post of all time……..
No One says:
November 2, 2021 at 4:57 pm
“I don’t think Libturd is an idiot…Fabmax is a true believer and enthusiastic carrier of the intellectual plague.”
Of all the Dem apologists here, Lib is the most likely to eventually realize that the modern Dem party is simply no longer capable of good governance. As it is now, he’s a legacy Dem who can’t yet admit that the old blue-collar working man’s party is largely dead, replaced by radical leftist activists. Flab is nothing more than a smarmy Euro ‘liberal’ – a finger-wagging know-it-all who oozes antisem1tism. Bi is interesting as well — a toxically-feminized male. Not a comment on his physique or mannerisms, but on his world view. He’s a guy that’s frightened by the world and by life’s uncertainties, and therefore buys-in to the Dem’s underlying message that that life is hard, you can’t make it on your own, and you need government to help you. It’s a message that’s very appealing to women, but much less so to men. But as you might guess, anyone that shares that world view is a Dem for life, willing to excuse any malfeasance in order to ensure big gov will be there to fix things for them when needed.
1. University of Chicago
A student at the University of Chicago pays $81,531 per year. It is America’s most expensive four-year university.
Tremendous…. only took 21 years….
https://www.amazon.com/Dow-36-000-Strategy-Profiting/dp/0609806998/ref=sr_1_1?dchild=1&keywords=dow+36000&qid=1635896212&qsid=143-0339649-3695450&sr=8-1&sres=0812931459%2C2909356205%2C3478386306%2CB0917YBVSQ%2CB09B2CZDJQ%2C0609609297%2CB000NRATYM%2CB002V3OFLO%2CB081LNYLPL%2CB07HJDFWLN%2CB072QWBJ9K%2CB08MX118PG%2CB082QNQPTK%2CB08MX25W4Z%2CB07W6R3S48%2CB0178BX6XG%2CB00B2NUCZM%2CB0747Z4B88%2CB072Q1PPSZ%2CB074G2CMML
I think that someone that obsesses over their (and their party’s) perceived masculinity to point of mentioning it nearly every post, probably has their t*ts in a bra as they are typing. Small would fit that profile.
6:45 I stopped at “good governance…”
The last administration was a revolving door of short bus losers.
LO f-cking L
Bystander: I never suggested that Black Americans should love the founding Fathers, but should at least appreciate that many of them struggled with it. And eventually fought a civil war over it to end the institution. And yes it took another 100 years to dismantle the institutional discrimination and there is still work to be done.
B School friend of mine posted the following on Facebook in response to the charge that Europeans are racists.
Xxxxx
Oh dear, so much ignorance here, it’s hard to know how to respond… Reading your comment reminds me of the old adage, “a little knowledge is a dangerous thing.” You do know there is a great swath of human history BEFORE White Europeans and their philosophy came to dominate the world, right? In point of fact, slavery was “normal,” both from a moral perspective and as a fact of life across many civilizations in world history. Even Karl Marx, who you might admire?, spoke a lot about slavery. He mostly focused on colonialism and the more recent slavery in the Americas, but also discussed it throughout the world and even tried to attribute some slavery to ancient China (which I think most China historians dispute). Just google history of slavery and skip past the first few items google wants you to read and look for other examples of slavery in history. And, no, White Europeans did not “develop the idea of race.” Race is self-evident. If you really don’t understand that, then it’s easy to see how Hitler came to power and how North Koreans view their leader as a demigod. Propaganda has a powerful influence on weak minds. Moreover, look around the world, both in history and presently, and you’ll see race used. The caste system in India, the hierarchy in ancient China, slavery today in sub-saharan Africa, etc., etc. So, instead of vilifying White Europeans, let’s look at all the good this group of people brought to the world. 1) Ended slavery point blank. No one else in history had both the moral view that it’s evil and had the power to do anything about it. When the British outlawed slavery across their then-dominant global empire, it was the first time in human history that anyone in power said they would not allow powerless people to be enslaved by powerful people. The French, not to be outdone, followed shortly after. It took the US a bit longer to come around, but eventually did and fought a war killing its own people to right this moral wrong. Did any ethical Roman senator rise up against any caesar to stop using slaves to construct Rome and the infrastructure across its empire? Had any Egyptian king outlawed the use of slaves in ancient Egypt? What you take for granted as an understanding of the evil of slavery is because of the enlightenment and the power of White Europeans in the modern era. 2) The massive expansion of the idea of democracy and individual rights. White Europeans took the ideas that have been passed along time from earlier civilizations and used modern technology of the time (especially the printing press and improved transportation) to allow people beyond the elites to contemplate such cerebral issues and imbue a sense of political right and wrong across the population. The French Revolution is a testament to this idea: some 98% of the French populace were not enjoying the fruits of France’s economic might and they eventually said enough and ousted the royalty and the clergy who made up that 2% of elites. This basic democratic thinking from the European Enlightenment made its way to the colonialists in the pre-United States and its this country’s founding fathers who established a form of government that had NEVER existed before. Never before had a form of government been created in a way that predetermined that its citizens have rights that are not given to them by the government or some member of the royalty. People in the US weren’t given the right to vote by some king. We just have it and the form of government created by the founders established rules that curtailed the government’s ability to infringe on the right to vote and other important rights that we all enjoy. All of the “rights” listed in the Bill of Rights are “negative rights” — i.e., they say that the government “shall not” infringe on rights that already exist instead of stating that the government grants rights (which would be a “positive right” by contrast). That was an incredibly novel concept in all of human history. 3) Women’s suffrage. This too sprouted in the minds and social constructs of White Europeans. No other society in the history of mankind has ever thought women are equal to men. Even today, many societies implicitly and even explicitly codify the subservience of women. White Europeans decided that this was wrong for moral reasons and again had the power to rectify this long, historical wrong. Obviously, I can go on and on about the great things came out of White Europeans collective thinking since the Enlightenment. This history is quite large and you can delve into many facets of human endeavor today and find a positive signal of White European thinking. To me, as a finance and economics geek, I think that the modern organization of capitalism is the most important collection of thinking that has had the most profound impact on humanity. It’s the application of White European capitalism across that world in the past 30-50 years that had shifted literally billions of human beings out of abject poverty, which brought with it a vast increase in life expectancy, reduction in physical hardship, and the availability of leisure time. Without China, India, SE Asia, and chunks of Africa adopting this White European technology called modern capitalism, billions of people would still be suffering and the world would be a much greater divide of the “haves and have nots”. So, I suggest you stop reading propaganda, educate yourself about the broader issues, and, most importantly, start thinking for yourself.
Chi that was a good read.
Why not Pravda for the results..polls are closed..
https://www.nytimes.com/interactive/2021/11/02/us/elections/results-new-jersey.html
It’s too soon folks. Atonement for sins lasts forever, you don’t need to be a christian to understand that.
So my wife cancelled out my vote and I cancelled out hers. Anyone here have such a diverse opinion at home and will live to talk about it?
“Chi that was a good read.”
And answers Bystander as to why Blacks (and everyone here today) ought to be thankful for the Founding Fathers.
Looks like a bunch of populists (lower case ‘p’) intentionally mischaracterized as Trumpers may have moved enough suburban moms and independents for a Red win in VA?
Interesting, alone…equally interesting to contemplate the effect on the pending passage of the social bill monstrosity….more or less likely to make it out of the Dem caucus?
Maybe I misread the article. Is it suggesting people in Western cultures/countries don’t attempt to multitask regularly? If yes, that’s not my experience.
chicagofinance says:
November 2, 2021 at 1:13 pm
https://thearticulateceo.typepad.com/my-blog/2011/08/cultural-differences-monochronic-versus-polychronic.html
Snake Plitkin still trying to escape from NYC.
A squeaker in NJ! DEMs are under pressure .
40% REPORTED Ciattarelli Ahead?
https://www.nytimes.com/interactive/2021/11/02/us/elections/results-new-jersey.html
Funny how European enlightenment seems to come a couple of centuries after the infrastructure, transportation, shipping, warehousing and commerce lines have been built by slave labor. Once the opium, tea and cotton wealth have been extracted then wondering why we need slaves..such a hassle. Give them their “freedom” but ensure they have no influence in the world created around them.
We’ll also hit tribes in the Dakotas to make sure they thank the founding fathers too. Of course, it was “the European flu” that caused that genocide.
In the mean time, I drink a beer and listen to my classic Irish rebel songs about how the English f*ed the Irish over time and time again. I’ll call my red hat bro so we can hum together while tells me the blacks is this country need to move on and stop promoting more hatred. That irony is never lost on me.
58k ahead with 52% in, wow.
Does this include the early vote?
Bystander: If you are referring to me as your red hat bro you are sadly wrong, and quite frankly insulting. If you are also referencing me and my Irish background vs Black history in this country that is also insulting. I know well the sad sorry miserable history of Ireland at the hands of her larger neighbor England/ Britain. I have been to every part of the country multiple times over the years. Finally, and again if you are referencing me with your Blacks need to move on that’s simply putting words in my mouth that I never said. Viewing everything through one must be a Trumper if they don’t agree is simply wrong.
“58k ahead with 52% in, wow.
Does this include the early vote?”
No Camden yet. NJ will not be Red.
But nice shot across the bow. especially for how weak C was (and how weakly he campaigned)
If you are even just half rational you are tired of the incessant Left bullshit and “TRuuummppp!!!!” as the response to everyone just doesn’t cut it as a governing party…..
Throwing shit at the other side is the MO when you are the minority opposition, when you win you, well, actually have to lead…..
Perhaps a lesson in political calculus? Election ain’t over yet sure. But I will mention it now as it’s getting late.
Gov Murphy could have easily have extended the unemployment benefits for 2 + months past Sept 4th as he had the borrowing authority and that may have cost 500,000 voters…
Then there is the mail in ballots. 93% votes cast last year were mail in ballots massive turn out of nearly 85% of registered votes. Apathy may rule the day and sure this election is not for President, but really you have already trained the mice in a skinner box, the mice have shown the desired behavior and gotten their reward. Why change?
If I’m a House member in OH, MI, WI, PA I’m sitting up and taking notice…..the focus on the social bill has been the two Dem Senators….it doesn’t get done without going to conference (ie, another vote in the House).
Forget the Senate, the social bill may die in the House for lack of support…
3b,
No reference to you at all. My older brother is a trump supporter. He tells me the Faux news CRT schtick like many here and how my children will be ashamed to be white.
“Stop telling me that the SALT cap impacts the rich when in fact it only impacts 6 or so states. It impacts the states that don’t burden their poor. FTFY Bernie”
https://twitter.com/saltcap1/status/1455732142625931264?s=21
Bergen 53/46 for C with 58% of vote counted….impressive.
All those crazy Trumper populists up there, ya know….
(Sorry Lib, couldn’t resist…)
3b – Before the British there were the Romans and others too. The land in Ireland where my father is from was conquered by the Vikings. We have much DNA matching in 23 and me with the Vikings today as well they Vikings killed of them mostly males adults and children.
The Americas are a wonderful place, but in reality they are hardly much different from anywhere else. We could talk about the nomadic tribes here in the Americas or heck Africa but why bother it’s to no advantage to point out the very reason why anyone living and breathing now is because their ancestors probably slaughtered or enslaved many many others somewhere in the past. But hey lets focus on the near 5 centuries past and not beyond that….
One of the wonderful things I learned about Iceland is that the Vikings populated it relatively late in history by ravaging the Irish and bringing them forcibly to the unpopulated desolate island…men for slaves, ladies for reproduction…
I banked a company based on Icelandic genetics….they have an extremely pure DNA strain supported by a written history of all families in the entire company…it was one of THE innovation companies in the genome space about twenty years ago. Despite many breakthroughs filed for Ch 11 US.
At least both the slaves and capital are free now lol.
book of the history of all families in the entire *country*
C up by 17,000 with 86% but in that 14% is Newark.
VA called by CNN and Fox….
C won’t get the prize but nice that he prevented M from celebrating….M had to do “thank yous” and then empty everyone out of Asbury….no party tonight for you, my man….
Still, nothing beats Hillary having half a dozen barges loaded with fireworks in the river outside Javitts that just had to sail away lol.
Still no results for NJ Governor. I’d say we may have a recount coming along with legal challenges.
However it seems senate president Steve Sweeney is out seems he lost to a truck driver Edward Durr who spent a total of $200 on his campaign, pending final counts.
“Bergen 53/46 for C with 58% of vote counted….impressive.”
I always say, I live in Republican Hell. I woke up this morning to Bridgegate Kelly as County Clerk. Now we get to watch the musical chairs as the Dems leave Hackensack for Municipal Gigs and Repubs leave Municipal Gigs for Hackensack.