What Recession?

From the Philly Inquirer:

N.J. has been hit hard by the recession

From 2004 through the end of 2007, the go-go years of the national real estate bubble, New Jersey’s private-sector job growth was just 2 percent, less than a third of the national growth of 6.5 percent.

And since the recession started in December 2007, New Jersey has lost jobs at a faster pace than New York and Pennsylvania, though not as fast as the nation as a whole, according to U.S. Department of Labor data.

Even worse, Rutgers Economic Advisory Service predicted that New Jersey will need until 2016, three years longer than the rest of the nation, to get back to the level of employment of 2007.

Joseph J. Seneca, a professor of economics at Rutgers University’s Edward J. Bloustein School of Planning and Public Policy and coauthor of a 2006 report warning that New Jersey faced “its most uncertain economic future since the Great Depression,” said there was an optimistic angle on the worst financial and economic crisis since the 1930s.

The state’s huge problems give Christie the opportunity to “turn the page on the decade that has seen New Jersey’s business climate deteriorate significantly” because of high taxes – business and personal – and generally high costs, Seneca said.

Even in the good economic times earlier this decade, Seneca said, New Jersey raised its income tax, sales tax, cigarette tax, and realty-transfer tax, while property taxes remained painfully high.

Those moves helped New Jersey edge past New York to claim the highest state and local tax burden in the nation for the last three years, according to the nonprofit Tax Foundation in Washington. Pennsylvania ranked 11th last year.

Diffley said New Jersey had significant strengths, such as a talented workforce and a great location. However, Diffley and other economists said, the state has been hobbled by the decline of telecommunications and pharmaceuticals, which were growth drivers historically.

In 1990, 20 percent of the nation’s pharmaceutical jobs were in New Jersey. It now has 13 percent of them. From 2007 to 2008, the state lost 10 percent of its jobs in the high-paying industry.

Now a wave of pharmaceutical consolidations involving New Jersey firms, including Pfizer Inc.’s purchase of Wyeth in Madison and Merck & Co. Inc.’s purchase of Schering-Plough Corp., headquartered in Kenilworth, is likely to cost the state even more of those jobs.

Despite the serious problems, Seneca said the recession could be an opening for New Jersey and other Northeastern states that have been losing population and jobs to the fast-growing Southeast and Southwest.

“There’s an opportunity now to be competitive again, because the high-flying states have been brought low,” Seneca said.

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77 Responses to What Recession?

  1. grim says:

    How to afford Ridgewood, from the Star Ledger:

    Ridgewood man, 33, accused of fraud

    When Bain Capital said it would buy 3Com for 44 percent more than the stock price, one unexpected beneficiary was Arthur Cutillo, an associate at the Ropes & Gray law firm advising the private-equity company, according to the FBI.

    Cutillo owned part of a 75,000-share 3Com stake bought using information he passed on ahead of the 2007 deal in exchange for kickbacks, according to court documents accusing the Ridgewood lawyer of securities fraud. The stock was sold at a profit before Boston-based Bain, whose affiliates run $60 billion in assets, backed away from the deal, the FBI said in a criminal complaint.

    Cutillo, 33, was one of 14 people charged Thursday as part of a probe of an alleged $20 million insider-trading scheme. Cutillo “fueled” the fraudulent trades by a ring led by Zvi Goffer, founder of Incremental Capital, by selling nonpublic information about mergers his law firm advised on, prosecutors alleged.

    “That’s the ultimate betrayal of trust,” said Peter Henning, a legal ethics professor at Wayne State University Law School in Detroit and a former federal prosecutor. “The cornerstone of the legal profession is the attorney-client privilege; what you say to your lawyer is sacrosanct. If it happened, there couldn’t be any clearer violation of legal ethics rules.”

    Cutillo, a 2005 graduate of Villanova University law school, leaked information about at least four acquisitions or bids in 2007, according to the complaint. Cutillo gave the information to a friend, New York lawyer Jason Goldfarb, 31, who passed along the tips to Goffer, the FBI said.

  2. grim says:

    From the Star Ledger:

    Frustrated N.J. business owners want Christie to bring regulatory relief

    Joe Olivo loves running a business. He also loves living in New Jersey.

    But running a business in New Jersey? There are days when he downright hates it.

    “It’s just a constant stream of regulation,” said Olivo, 43, who owns a family printing business in Moorestown. “It’s just too much to bear for me.”

    There are big regulations, like the sales tax expansion three years ago that levied new fees on some of his services, such as shipping. And there are small regulations, like annual tests on water anti-contamination devices — a law he never knew existed until receiving a notice in the mail last week.

  3. Schumpeter says:

    grim (3)-

    The minute that either my youngest graduates HS- or I can convince the family it’s time to expatriate- we’re outta here.

    Just paid for my NINTH mandatory well test in nine years at my office bldg. Can’t have any VOCs in a well that we don’t even use for drinking water, can we?

    After the first seven well tests came up 100% clean, I asked the town if I could be exempted from testing. Of course, the Politburo said no.

  4. lostinny says:

    Landmark health bill passes House on close vote

    WASHINGTON – The Democratic-controlled House has narrowly passed landmark health care reform legislation, handing President Barack Obama a hard won victory on his signature domestic priority.

    http://news.yahoo.com/s/ap/20091108/ap_on_bi_ge/us_health_care_overhaul

  5. sastry says:

    Schump… don’t know about your particular case, but some VOCs are carcinogenic, and volatilize from the water in the showers/sh!t pots. Just curious though, how much does it cost for the test (amount/time/inconvenience). It seems that you are against it as a matter of principle, but, it’s just like getting an annual checkup for kids — most likely everything is fine, but…

    S

  6. willwork4beer says:

    AP via The Morning Call (Allentown,PA)

    Builders buy land while it’s cheap

    Sat 07 Nov 2009

    By Alex Veiga OF THE ASSOCIATED PRESS —

    The housing bust left homebuilders with plenty of red ink on their books as they walked away from swaths of land they no longer needed.But now homebuilders are on the hunt again, vying for choice parcels even in foreclosure-riddled markets like Las Vegas, Southern California and Orlando, Fla., where prices are cheap and there are early signs of a recovery.While not a full-blown land rush, experts point to a surge in land deals since early summer as home sales and prices began to stabilize.

    (Snip)

    Major players such as Ryland Group Inc. and Meritage Homes Corp., are among those that jumped into the fray.Meritage recently signed contracts to buy 2,500 lots spread out over new communities in several states, including California. The builder plans to open nine new communities this year or early next.This summer, Ryland bought land or signed option contracts to do so in several markets, including Indianapolis, Atlanta, Houston, Las Vegas and Baltimore.

    (Snip)

    In May, Trumark Homes bought 39 lots in Upland, Calif., where it plans to build homes early next year.The Irvine-based company bought the land — which already had paved streets and utility connections ready for construction — for less money than the previous developer owed the bank.The previous owner planned to build and sell homes in the $500,000 range. Trumark’s homes will be priced $200,000 less.”We were able to get the land for free and the improvements they made we got at like 45 cents on the dollar,” said Michael Maples, Trumark’s chief executive. ”The market changed.”

  7. Cindy says:

    http://freemarketmojo.wordpress.com/2009/11/08/not-your-grandfathers-or-keynes%E2%80%99s-economy/

    Free Market Mojo – Charts and everything..

    “Not Your Grandfather’s (or Keynes’s) Economy”

    “The way I see it, the complexity of today’s economy means that old-fashioned Keynesian policies will not restore full employment. Pump-priming and stimulus policies are a good fit for a manufacturing economy with homogeneous labor affected by temporary layoffs. They are not such a good fit for a post-industrial economy with an educated labor force facing permanent structural changes.”

    “….new workers will be absorbed by businesses that have not yet been launched in industries that we have not even imagined.”

    The Great Recalculation…

  8. Frank says:

    Who needs a job when you will have free health care?
    With the new 5.4% income tax, there’s no reason to work. You better off unemployed.

  9. sastry says:

    Frank, if I ever get a $500k job (or a 1M job, since I am married), and I’d be more than glad to pay the extra 5.4% income tax (or may be I become stingy and hire a good accountant, but… still).

    If free health care was the only thing people was what people were looking for, wouldn’t everyone want to go to prisons? Heck, last I heard, they even have free sex in there.

    S

  10. sastry says:

    For a change, an on topic question…

    The new rule on the 8k tax credit has higher income limits. So, would someone that was previously ineligible for the 8k credit now qualify? Does anyone have more insight?

    S

  11. danzud says:

    Sastry,

    I move from the non-qualifying to now qualifying for a house as the rates jump from $150k to $225k. That being said, if in Jersey, I’m looking at a house in the $400-500k range, does 2% of that amount matter if I think at 10.2% unemployment that housing can’t move higher for a while? Maybe if wifey was pregnant or I wanted to move to the Poconos and get a $200k house, this might matter.

  12. sastry says:

    Oh, well…

    David Grant on csmonitor had this answer to a related question:

    Answer: The bill has no “grandfather” clause, Dietz says. “If they’re an existing homeowner, and they’ve closed prior to the date of enactment, when the president signs the legislation, they simply do not qualify.”

    ——-
    For people that are close to the threshold of qualification, maximizing the retirement plans, and taking advantage of any “deferred compensation” facilities can be a bit helpful. If your income is way too much, congratulations on your income and tough luck on the 8k loss!

    S

  13. sastry says:

    danzud… This is assuming that the house buying decision is independent of these factors. Then the 8k is free money (e.g. for us, if we get it, it would be like free money — 8k is 8k).

    S

  14. ruggles says:

    13 – “Then the 8k is free money” – If you bought a house for under 400k during the first time homebuyers tax credit, you overpaid. most of, if not more than, that 8k is already out of your pocket.

  15. Essex says:

    James,

    You are asking a lot of people. Most are simply incapable of living up to the standards of the founding fathers.

  16. sastry says:

    Essex… May be you are saying things tongue in cheek. I am sure the founding fathers would acknowledge that they are not perfect, and there are glaring flaws in the prevalent viewpoints at that point (no voting rights for women, slavery was common place, etc.) Idolizing them to spout hatred (especially by “religious” groups that the founding fathers emphasized the separation of church and State).

    The parallel I can think of is the creation of Pakistan. Jinnah wanted more power, Nehru refused, partition of India ensued on the basis of religion. Jinnah was as “modern/western” as Nehru, but in the new Islamic State of Pakistan, he was a “pure, devout, Muslim”. Pakistani education focuses on how Jinnah brought Indian independence — Gandhi is sort of a footnote there (based on few discussions with Pakistani grad students).

    If the “war” or whatever faux news inspired cr@p comes to fruition, I’m sure sane minds like Nom or Shore that have diametrically opposite views as mine on some issues, will teach me how to use the guns :)

    Most likely the bigots will beatup an old, poor immigrant woman, and claim victory.

    S

  17. willwork4beer says:

    #9 Sastry

    Regarding free health care in prisons, I remembered discussing this topic in a health care administration course a number of years ago. At the time, NJ was about to institute inmate co-pays for medical services. Apparently, the co-pays remain in effect:

    “In accordance with New Jersey law, all state inmates must pay a part of their medical costs. A medical co-payment is defined as the fee paid by a person for health care services, medication and/or treatment, and will apply to all inmates in New Jersey correctional facilities”

    http://njintouch.state.nj.us/corrections/OTS/PDFs/090311/090311_Inmate_Family_Resource.pdf

  18. happytorent says:

    14 – Exactly. I’ve tried to explain to friends that the credit is actually a homeSELLER tax credit. All the credit does is artificially inflate the cost of a house by at least 8k, perhaps much more due to market disruption. The buyer gets the same house they would have gotten anyway–it’s the seller who walks away with the extra cash. Plus the minute the credit ends, the buyer is immediately underwater by 8k, because now there is no more artificial inflation.

  19. sastry says:

    Good thing is that I won’t feel as guilty if I get the “artificially inflated” 8k :)

    S

  20. Essex says:

    I rather like the image of our forefathers reading by candle light, chopping their own wood, and smoking a fine brand of tobacco. Let’s remember that the United States is a truly unique place.

  21. ruggles says:

    20 – I’m pretty sure a lot of them were raaping their slaves.

  22. ruggles says:

    20 – continued. perhaps by candle light.

  23. Essex says:

    Your mouth says no, but your eyes they say “Jessssssssssss”.

  24. Essex says:

    Anyways. You want to understand the USA you need to start with some basics: John Wayne, Montgomery Clift, Jan and Dean, Elvis, James Dean, Paul Newman, Clint Eastwood, James Caan, and Robert DeNiro.

  25. Essex says:

    Crap, I forgot Steve mcQueen.

  26. EWellie says:

    I posted these comments late last night–I figured I’d try again since few people were online so late:

    I’ve been seeing for quite a long time now that the most overpriced houses in our area were purchased by people during the bubble and they’re trying to get back what they paid. Today I asked my husband, and I’m asking you all, is there some way to figure out a mathematical formula to determine when most of the houses on the market will be from pre-bubble days and therefore more reasonable prices? How the F long will it take to clear out these crazy bubble people?!

    My husband also came up with a theory about the 8K tax credit. He felt that if it were still only for first timers that it wouldn’t have much of an impact here on in since the lemmings already went out and bought.

    Now that they extended it to pretty much everyone, he’s wondering if a lot more people will put their houses on the market thinking they’ll sell and “take advantage” of the 8K to buy another house. If this is the case, if people are in fact that stupid, we’ll probably see prices fall because their will be so many more houses on the market. What do you think? Does that sound possible?

  27. Sastry says:

    EWellie:

    It’s unpredictable — the general trend still seems to be strongly downwards. So, the general advice will be to wait until you find something you like.

    S

  28. Sastry says:

    Beer #17… I fully agree with your general point.

    Minor details though. It seems the co-pays are not listed (e.g. are they a token amount, or substantial)? Also, it says no inmate will be denied necessary medical care due to inability to pay co-pay…

    The prison version is equivalent to ‘free public health insurance’ with a co-pay, which is freer than the current health care version.

  29. EWellie says:

    Sastry and Beer,

    I happen to know quite a lot about the prison system, and I can assure you most inmates do absolutely everything they can to avoid getting “health” care. The last thing any sane person wants is to end up in the prison infirmary. What goes on in these is abominable, so there’s really no valid comparison here at all.

  30. yikes says:

    morpheus says:
    November 6, 2009 at 12:29 pm

    94:
    I didn’t know jamil practiced law in NJ. They really have to make the bar exam more difficult.

    of course he practices law.

    And Clot is the The Sultan of Brunai, Grim is Bruce Springsteen, I’m Derek Jeter, and BC Bob is Eli Manning.

  31. confused in NJ says:

    How will Pelosi collect the co-pay from all the Americans put in debtors prison for refusing to buy health insurance? Maybe she’ll use waterboarding on them.

  32. lostinny says:

    32 Confused

    Do you really think there will be a debtor’s prison? We can’t even afford to house inmates convicted of crimes that are still normally tried. Where will the money come from to hold the debtors? Or was that written into the health care plan that was just passed?

  33. Sastry says:

    Confused… People like you should tone down rhetoric because some nut case somewhere will use posts from “educated people” as a justification to do something horrible. It’s one thing to comment on the costs and how individuals/businesses may “leave” US [Nom’s theories] or how it is “unfair” towards people that worked hard to get to high incomes [Shore’s theories] — I can understand where they are coming from though I mostly disagree with their theory. It’s altogether a different thing to channel Palin, Beck, and Bachman combined. All it takes is some depressed nut case looking for a spark and take it out on some innocent people.

    S

  34. Sastry says:

    EWellie, I understand. Didn’t mean to make light of prison life. Merely stating (for effect) that free health care (or in this case low cost health care) is not going to make people stop doing anything.

    S

  35. imkeithhernandez says:

    Confused… People like you should tone down rhetoric because some nut case somewhere will use posts from “educated people” as a justification to do something horrible. It’s one thing to comment on the costs and how individuals/businesses may “leave” US [Nom’s theories] or how it is “unfair” towards people that worked hard to get to high incomes [Shore’s theories] — I can understand where they are coming from though I mostly disagree with their theory. It’s altogether a different thing to channel Palin, Beck, and Bachman combined. All it takes is some depressed nut case looking for a spark and take it out on some innocent people.

    one of your dumber posts (and that’s saying something)… do those who stridently oppose our actions in iraq give cover and justifications to that nut who shot up ft. hood?

    does it ever get dull being such a one trick pony?

  36. sastry says:

    Keith, do you condone the alarmist tones against a watered down legislation on insurance?

    S

  37. confused in NJ says:

    As a loyal American who served voluntarily in Vietnam, I view Pelosi’s Plan, which demands Financial & Prison Penalties for failure to obtain Medical Coverage as both UnConstitutional & Un-American. I view all who voted for the bill, with that provision, in the same light. I think her actions are anti American, Bordering on Treason.

  38. sastry says:

    Confused… It is almost like auto insurance. Even better since people that cannot afford the costs get subsidies, and employers are required to provide health insurance if the payrolls are above 500k. It is very likely to bring down costs. Now, if they can do something sensible about medical malpractice issues, we may actually find a system that almost everyone will support.

  39. yikes says:

    james says:
    November 7, 2009 at 11:39 am

    There will be war in the United States if the healthcare bill passes. Count on it.

    Still feel this way, james?
    Dancing with the Stars is on and American Idol starts soon. A handful of right wing nut jobs care; the majority don’t know or don’t care.

    Same as it ever was.

  40. imkeithhernandez says:

    no, i don’t have a problem w/it because i think people should be alarmed, much as they should have been alarmed about much of the unconstitutional actions over the past 12-20 years

    just got back from food shopping… i apologize for not getting pumped up for having to spring for health coverage of all the walruses i saw there

  41. d2b says:

    I have no problem with letting people opt out of paying for coverage. But maybe we should repeal the law that forces hospitals to treat the uninsured.

  42. Punch My Ticket says:

    not nj but two states side by side

    http://www.city-journal.org/2009/19_4_california.html

  43. sastry says:

    41# The main reason for supporting major health care reform (apart from moral reasons) is that over longer time frames it will bring down costs for everyone (that’s the general hope at least).

    S

  44. yikes says:

    anyone seen the trailer for “The Road?” it is based on a book.

    Clot, is this the kid of situation you expect after the SHTF?

    if so, simply having a gun and some ammo wont do anyone good. you’ll need a small army to survive.

    http://www.youtube.com/watch?v=hbLgszfXTAY

  45. A.West says:

    Sure Sastry, just like the way the government has brought down the cost of elementary school in NJ.

    I just spent 2 hours in line related to H1N1 virus shots for my daughter. This is just a preview of what “reformed” health care will be like. Price caps, shortages, and long lines, combined with bad communication about where and how to get in line for things in shortage.

    While standing in line, I let the angry moms around me know that these shortages are the result of the government pushing down the profitability of supplying flu vaccines. I personally would love to see “profiteering” in flu vaccines, because that’s the incentive necessary to spur investment in capacity for the future. Now multiply this concept times 1000 other medical services.

  46. imkeithhernandez says:

    thanks… w/o you i never would’ve known why some people support having me pay for their health coverage… thanks for enlightening me on that

    again, there’s a moral reason for opposing it as well when it requires that you take from some people by force to pay for it

    additionally, if you think this is going to bring costs down then you’re dumber then your posts let on… education, health care, housing, labor- nothing the government sticks its nose in goes down in costs… plasmas, ipods and laptops do though

  47. imkeithhernandez says:

    and moreover, i hate the “moral” arguement when the crazy christians throw it at me and like it no better when leftists do the same

    you’re both kindred spirits in case you were curious

  48. SG says:

    Even the Rich Are Treating Their Houses Like Piggy Banks

    Mr. Burkle, the grocery-store billionaire, has $56 million in loans against two houses, including $9 million added last year. One is his iconic Beverly Hills mansion, “Green Acres,” a 44-room Italian Renaissance palazzo built in the 1920s by silent-film star Harold Lloyd that more recently was a favorite overnight rest stop for Mr. Burkle’s buddy, Bill Clinton.

    Mr. Burkle declined to say how he is using the money. There is no indication he needs it to pay the water bill.

    Traditionally, the super-rich didn’t really bother with mortgages. Home loans were for people who carry lunch buckets, not captains of industry.

    That changed in the boom years — and it is still going on. Recent big-time home borrowers include fashion entrepreneurs, hedge-fund titans and baseball-team magnates.

  49. Jpasteurized says:

    45 – Read the book by Cormac McCarthy first, won the Pulitzer, will blow your mind. Just had my first son when I read it, and I almost couldn’t get through it. No way the movie does it justice. If that’s how it goes after the SHTF, just kiss your A good-bye.

  50. sastry says:

    A. West, I presume the vaccines are few because of production constraints — like queues for ipod’s at Best Buy on the day of launch. You seem to think that private companies be able to do much better. At best, they would use a different prioritization (use money instead of risk for triage?) At worst, they would hoard it for the price to rise.

    S

  51. sastry says:

    50# After seeing the trailer, that’s exactly the thought I had in mind. Just kiss one’s A good-bye. Is it like 28 days later?

    S

  52. OhComeOn says:

    A. West, 46: So, you spent two hours in line to get a shot that millions are also standing in line to get. And you’re complaining about standing in that line. I’m guessing you haven’t had much interaction with doctors and/or hospitals before this. Two hours is nothing. Try doing six in an ER as a senior citizen, and that’s with excellent insurance for a chronic condition. IMHO, all the people who complain/whine/worry about any government involvement in health insurance have never experienced the current bureaucracy that controls it.

  53. yikes says:

    for a ‘The Road’ scenario, you’d need a team full of all-purpose players:

    a guy who can fix cars.
    a guy who can hunt.
    a marksman.
    an explosives guy.
    guys who can build s*it.

    i just hope MacGyver is around if the SHTF.

  54. safeashouses says:

    A. West

    the lines for h1n1 vaccine are caused by a production issue. The government had triaged kids and pregnant women get the doses first since they are the highest risk groups. If it was purely capitalistic than those willing to pay the most for the shot would get it first, regardless of their risk level.

  55. morpheus says:

    45:
    yes, kiss your ass good bye. but not without a fight.

    well, got to give the kid a bath and have a drink. Did too much legal work today.

  56. morpheus says:

    for yucks, google “zombie survival” and check out some of those sites. good for a laugh. Some good ideas for survivalists.

  57. Schumpeter says:

    sastry (5)-

    Jesus Christ, dude; life is 100% fatal. I don’t need a bunch of communist lickspittles to spend my own money protecting me from myself.

  58. Schumpeter says:

    How many well tests over the course of a decade should I need to come up clean to prove that there’s nothing wrong with my well…and probably never will be?

  59. sastry says:

    Morpheus #58, or hide in the attic and hope the sh!t will pass through.

    People in the US may not relate to it, but based on whatever secondhand knowledge I have on communal riots in India, I’d put the odds of surviving against an armed militia close to zero. It may then make sense to go with guns, butane tanks, or water hoses blazing. A good V8 car with a full tank would be a handy weapon (especially in the hands of some ).

    S

  60. Sean says:

    No line at my pharmacy yesterday for the H1N1 vaccine.

  61. Schumpeter says:

    sastry (34)-

    With that idiotic statement, you’ve really pissed me off.

    We should watch what we say, because some unhinged idiot might act on it? Puh- fcuking- leeze.

    I’d venture to say the average psychopath has enough twisted ideas of his own not to need to read our blog posts.

  62. Schumpeter says:

    confused (38)-

    I’m with you 100% on that one. Charge Rat Face with treason, jail her, try her, and execute her on TV. On Christmas Day.

  63. Schumpeter says:

    Tune up the firing squad by letting them ventilate Hank Paulson, too.

  64. Schumpeter says:

    sastry (44)-

    Yeah, just like all things the gubmint sets up and runs introduces efficiencies and brings down costs.

    [retching and gagging off]

    Are you you sticking your head inside a grocery sack with a giant pot of glue in it?

    “…over longer time frames it will bring down costs for everyone”

  65. Comrade Nom Deplume says:

    [16] sastry,

    “If the “war” or whatever faux news inspired cr@p comes to fruition, I’m sure sane minds like Nom or Shore that have diametrically opposite views as mine on some issues, will teach me how to use the guns :)”

    Sane? Maybe you better reserve judgement on that. My alter ego here is not always viewed as such. But we have talked, you and I, and I fully appreciate the history of post-colonial India that you raised. In fact, we studied that breakup, and the power struggle between Jinnah and Nehru (so long ago, I can’t possibly remember much though). Thus, yours is a culture that can speak from recent memory on this, though not so recent as folks from the eastern bloc or the balkan states.

    As for weapons training, that all depends on which side you are on. ;-)
    All kidding aside, I have advocated for a shooter’s GTG, and the place I have in mind would match you with a Range Safety Officer to qualify you on rifle, shotgun and pistol.

    It is a great place for a novice to learn because it is inexpensive and predicated primarily on firearms safety. They are extremely serious about safety there, and even yelled at me for perceived muzzle sweeps (amoung other rules, the guns must ALWAYS be pointed downrange except when cased, and cleared whenever you aren’t actually shooting, which any serious sportsman will tell you is pretty severe. Any breach gets you yelled at by one of the omnipresent RSOs).

    As for eventual civil war, I think you have read my position: that it is so unlikely, it isn’t a prospect I would plan for. Further, if it were to happen, it would be because conditions are so bad, it would be the least of our worries.

  66. Comrade Nom Deplume says:

    [55] yikes

    “for a ‘The Road’ scenario, you’d need a team full of all-purpose players:

    a guy who can fix cars.
    a guy who can hunt.
    a marksman.
    an explosives guy.
    guys who can build s*it.”

    Sounds like the wish list I had for Nompound participants. You might want to consider medical people too; doctors versed in internal medicine, or at least a NP or very well trained combat medic would be good.

  67. Comrade Nom Deplume says:

    [30] Ewellie

    There is truth to that statement, I believe.

    Someone I know very well is a doctor in a northeastern state. He does work for the prison system. He takes his work seriously and tries to do a good job, even going so far as to calling out other docs for poor work.

    As a consequence of his being so conscientious about caring for the prisoners in his charge, he was threatened with blackballing.

  68. Comrade Nom Deplume says:

    [38] confused

    While I appreciate your zeal, and a good portion of your politics, Pelosi’s actions are not treason.

    Not even close. Nor would you want it to be close; the bar for treason or sedition is very high, as it should be, lest some of us be hauled in for seditious libel.

    I am not at work, but I keep a link to the US Code section on treason for clarification, which is less stringent than the definition in the Constitution.

    Fact is, if it is unconstitutional, well, as A. Lincoln found out when he tried to suspend habeas corpus, the courts are open.

  69. sastry says:

    67# Wow! I’ve seen images of cr@p construction collapsing in India, and they become rubble. This one seems to be solidly built and a screw up of subsequent planning — no rubble. Now, if they can lift it back intact, that would be something :)

  70. yikes says:

    comrad – i think i want you on my team in one of those SHTF scenarios.

    as i’ve said before, a relative and his friends have a “bug-out” “mountain home” and plenty of weapons.

    the problem is that nobody really has any clue how long this will last. a week? a month? a year? a decade? nobody is ready for that kind of “black swan event.” it isn’t even fathomable.

    it would take a catastrophic event for this to happen – like an asteroid hitting the planet.

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