From the Record:
N.J. Gov. Chris Christie: Vouchers offer a ‘final solution’ for school system
A voucher system that lets any child in New Jersey go to any school, public or private, is the “final solution” to an overly expensive system that continues to fail too many children, Governor Christie said Monday.
Christie told an enthusiastic school choice advocacy group in Washington that he will expand the number of public charter schools and supports a bipartisan bill to provide thousands of public scholarships so children in failing districts may attend private or parochial schools.
“They are trapped by a self-interested, greedy schoolteachers union that cares more about putting money in their own pockets and pockets of members than they care about educating the most vulnerable and needy children,” Christie said.
But Christie said he was committed to going further. He said he saw families in Newark agonize over children losing a lottery to get into a successful charter school, while his income gave him the ability to choose to send his children to Catholic school.
“A single mother in Newark working two jobs to keep a roof over her child’s head should have no less ability to make that choice than my wife and I had,” he said.
…
Christie said the climate is right for passage of a scholarship bill that some advocates say could serve as many as 24,000 children. It is sponsored by Sens. Raymond Lesniak, D-Elizabeth, and Thomas H. Kean Jr., R-Westfield, and will have its first hearing later this month.
…
Baker said that if schools are failing, giving the money that’s being spent on them to other schools won’t fix them, Baker said. The public needs to provide the resources to help them perform, and data have shown New Jersey among the nation’s leaders in closing the gap between the best schools and the worst, he said.But Jackson said annually increasing budgets did not produce needed results.
first
I think Pickens can generate all the wind we need by placing one turbine between Jamil’s ears.
cf, thanks for the applause.
We meet weekly.
Christie for president! Best news I’ve heard in 2 years. The tit suckers have really pissed off the fat man.
Barb
from last night re nukes for power…
I at least want to see an honest and intelligent debate on the subject. The problem is the average Joe would need some basic education on various factors and the MSM certainly isn’t going to do that.
Coal power plants put out huge plumes of uranium from burning coal yet no one seems to notice. Too many people respond emtionally to even the discussion of nuclear power ala Hiroshima or Chernobyl., to have a rational debate.
I love the logic of people against vouchers. “let’s force a child to stay in a failing school, the integrity of their education be damned!”.
I think good students tend to make good schools.
I think good voucher threats tend to make good listeners.
I think a lot of you folks shouldn’t reproduce.
Sorry for the oil spam but a few more for chifi, stu and anyone else interested
The study showing that BOP’s arent usually tested in the GOM. Not that deep water projects in brazil require that the BOPs be tested at depth on new pipe, so there is an industry standard out thee
(study 455)
http://www.mms.gov/tarprojects/
Chifi,
This one is for you
http://solanic.com/wordpress/2010/05/02/technical-discussion-of-deepwater-horizon-catastrophic-failure/
Looks like that convention I am attending in New Orleans in June is going to s*ck. Nothing like some quaker state crawfish etouffe.
i think vouchers are a terrible idea. i’ve never heard an ounce of logic as to how/why they’d work.
i like a lot of what christie has done but this would be horrible
Yikes,
i’ve never heard an ounce of logic as to how/why they’d work.
You dont read much do you? The question at this point is how effective would the states implementation be. only time will tell, if they can manage to push it through
Yikes,
In its simplest form think of vouchers as similar to the collegiate model, go where ever you want. If the school sucks, it goes out of business as the students migrate to better schools. In its ideal form, schools either perform or go out of business.
chifi
“John Amos, a geologist who has worked as a consultant with companies such as BP, ExxonMobil Corp. and Royal Dutch Shell PLC on tracking and measuring oil spills from satellite data, said NOAA raised its estimates to 5,000 barrels a day after he and his colleagues published calculations that showed the original figures were far too low based on the NOAA data. Amos has also previously participated in a joint industry-NASA study using satellite imagines to detect and track oil slicks.
Mr. Amos said the 5,000 barrels a day is the “extremely low end” of their estimates. He said, based on NOAA maps, a more realistic figure is 20,000 barrels a day….
DOne with the oil spam, sorry grim
Anyone know if NJ Transit bus drivers are part of a union? I had a run in with one this morning. You can tell when someone knows there is nothing they can say or do to be fired or reprimanded.
Vouchers are bs. Who needs them. You can still accomplish the same thing without them. Case in point five towns long island. Schools used to mainly typical non-practicing LI jews and catholics for the most part. The Othodox decided to take over neighborhood over last ten years. Well they send their kids to Yesheiva and Five Towns has high school taxes as schools are (were) some of the best schools in the whole USA. Well they joined school board, “volunteered” to be on budget committes and voted in mass to block every school budget, they killed classes, killed teams, killed repairs and have brought schools down to mediocre. But even better the non-practicing jews and catholics are leaving as schools now suck and they can’t send kids to yesheiva and in turn less kids in public schools meaning they can vote to close more schools. The orthdox are playing by the rules. They don’t need vouchers.
There is a WHOLE LOT of Christie to like.
Yikes says:
May 4, 2010 at 8:03 am
i think vouchers are a terrible idea. i’ve never heard an ounce of logic as to how/why they’d work.
i like a lot of what christie has done but this would be horrible
CHifi,
if you are interested in the oil stuff, e-mail me, i have some other interesting info but dont want to keep spamming grim’s RE blog.
cheers
Who cares about school vouchers? Unless a kid gets a voucher for Pingry or Gill St. Bernards, they’re just exchanging one brainwashing center for another. Even the “Blue Ribbons” are set up to institute mass mind control.
OTOH, here’s some news. Buh-bye, Europe:
“Now that Greece is thoroughly irrelevant, the market just told the ECB, the IMF, and the EMU to prepare another $1 trillion in bailout packages. The reason: the Greek bailout just made it abundantly clear the bond vigilantes have free reign to call the bureaucrats’ bluff whenever they see fit. The result: CDS of all non Greek PIIGS are now blowing out, and represent the top 4 names of all biggest CDS wideners for the day, each pushing a 10%+ change from yesterday. This movement wider will not stop until the IMF resolves to backstop all the PIIS ex. G. At this point nothing that happens in Greece is important, although the thing that will most likely happen is that the Greek government will fall imminently, killing the austerity package and destroying whatever credibility the EMU and the EU have left, but not before the IMF and the EU soak up another 110 billion euro in their slush funds. However, even with the bailout the Greek stock market is tumbling: the Athens Stock Exchange is now down 3.4% to just under 1,800. As we expected, the euro is about to breach 1.31 support. At that point, not even the US algos and the Liberty 33 traders will be able to prevent the contagion. And adding insult to injury is the latest rumor of an upcoming downgrade or very cautious language of Germany by the suddenly hyperactive rating agencies. When that occurs, you can kiss Europe goodbye.”
http://www.zerohedge.com/article/containment-fails-european-cds-explode-market-looks-future-bail-outs-bank-runs
I suspect that someone here has te data:
Do we know what the per-pupil costs ate in tha worst-performing districts and wht the private school fees are at the best private schools?
I’ve finally figured out jamil. If you understand his basic premise that science = unicorns, everything else falls into place.
“ate” is “are,” “tha” is the, and “wht” is “what,” at least they are today at a traffic light.
Princeton Day School
$23,600 – Prekindergarten through four
$27,580 – Grades five and six
$28,910 – Grades seven through twelve
from web site
ket,
feel free to e-mail me oil-related information. I believe you have the e-mail address. If not, Grim may give it to you.
Renter,
How does that compare to, say, Trenton, Asbury, and Camden?
Hmmm:
“The total reported world supply of gold as reported in the GLD prospectus was 3.522 tonnes (approximately 113.2MM ounces) and the total reported world supply of silver as reported in the SLV prospectus (see link below) was 888.4MM ounces at the end of 2008. This means that GLD with 36.7MM ounces held approximately 32% of the world gold supply and SLV with 286.6MM ounces held approximately 32% of the world silver holdings according to the ETFs’ reported data. By Nick Laird’s count, GLD held approximately 51% of the transparent worldwide gold holdings and SLV held approximately 47% of the transparent worldwide [LBMA-compliant] silver holdings.
Needless to say, estimates of total worldwide supply are the subject of debate among precious metals market participants. In any case, GLD and SLV record ownership of a big percentage of the available gold and silver worldwide.”
http://www.zerohedge.com/article/guest-post-gld-and-slv-disclosure-precious-metals-puzzle-palace
?
I only know about the schools in Princeton and they are all in the same range except Lawrence Academy which is over forty.
Shore
will e-mail you tonight, i may have found a video of the blast on the rig and a first hand account that points to a potential cause.
———————————–
School costs
Pingry:
Grades K-5 $24,195
Grades 6-8 $27,495
Grades 9-12 $28,745
Newark NJ Per Pupil costs: $19,305
Of course Princeton Day and Pingry are ivy leauge type private schools.
Clot 21:
It will be fun watching Greece get the money and summarily refuse the austerity measures. Those IMF guys will be on the first plane out of Athens the minute the gubbmint falls.
Gonna be a long and hot summer of discontent in the EU.
hype (31)-
I think the chance of your scenario coming to pass is about 100%.
Hand billions of Euros to a completely corrupt nation full of people who have never had any inclination to work.
Great plan.
Nom Previous 168 –
Maybe those girls can be helped by this.
http://www.nytimes.com/2010/05/03/us/03addiction.html?hp=&pagewanted=all
Look what a moneymaker the Athens Olympics was. And all those great infrastructure/public works projects brought in on time and under budget.
[sarcasm off]
BOSTON (MarketWatch) — Shares of mortgage and bond insurers were weak in premarket Tuesday after the Radian Group Inc. said its first-quarter loss widened to $310.4 million and announced a public offering of up to $550 million of common stock.
OK If Radian is headed towards the crapper, who is buying the stock offering?
gator (34)-
Better they slip John into one or two of those classes.
Goon (17),
Yes.
Are there any Kinks fans here?
“who is buying the stock offering?”
The Fed?
@28 –
Gee, no possibility of market manipulation with a “currency” that has a worldwide float of a mere 3.5 tons.
Still curious how a gold-backed economy works in the modern age. You’re either trading flakes or coins – of which there is an incredibly limited supply, making that dream nearly impossible, or you’re backing gold holdings with paper certificates (e.g. money).
Should be fun trying to verify those holdings as we all know governments (and individuals) are so transparent with disclosing their assets.
The main logical argument against vouchers has always been predicated on the assumption that vouchers could be used as a “down payment” on a private school. This, detractors argue, could result in students, who have parents with the ability to pay the different between the voucher and the private school, going to private schools. This would leave behind the students of lesser means.
The solution has to be an “all or nothing” voucher system. A school accepts vouchers as “payment in full” or they can’t accept them at all.
NJ Escapee:
Have you ever headed over to Dry Tortugas? If so, what are your impressions and how is access from KW?
Renter,
A bit of a strange comparison. The Pingry tuition is fact. What it costs to run Pingry per pupil we don’t know. And is the Newark amount before or after all the polticians relatives were hired?
Re: 42
This will never happen, because then taxes have to go back up to the levels we’re paying now to support public schools, and people always want someone “else” to pay.
even crazier Beezer and KKR doing secondary offerings today, sign of a big bull market or a big crash to come.
Shore Guy says:
May 4, 2010 at 9:21 am
“who is buying the stock offering?”
The Fed?
umm, nasdaq futures down 28.
Never saw that before.
ever.
Bubble,
There is something I heard about in NY called “maintenance of effort” for the cities there (I don’t think it applies to NYC) where the cities are boligated to funnel a certain percentage of tax revenue to the school district, regardless of whether enrollment drops. So, a district could lose half its students and the taxpayers could see no relief.
Meter 41
Well if you have a particle accelerator you really can transmute lead into gold although it might be easier to transmute iridium to gold.
I used to like it when there were just bull and bear markets. Now with the “Bull$hit market” (where all the information is based on bull $hit, not real data or the truth)and “bear the risk, taxpayer not the rewards markets,” where the half of us paying the taxes funnel cash to the upper 10th of 1% of wage earners, I have less than positive feelings towards those currently running our financial centers.
BTW, the figures for tuition per child at the private schools do not tell the whole story on cost per child, since there are all sorts of endowments, fund raisers, etc. that cover the costs too. One of my friends has her kids at an extrememly posh school in DC and they do a gazillion funds raisers – home tours, garden tours, etc etc etc. The money is used to pay teachers and add all sorts of bells and whistles.
I also just think that it is not all about money. Studies show that people do not shuffle their kids around to the best schools – there are logistics and other things to consider that families with a Stay at home parent can manage but other families can’t, there is also peer pressure and the lack of knowledge. The NYT just had another article on charter schools and the fact that they don’t lose enrollment even when they’re very bad.
@49 – even were that possible there’s the slight problem of the overhead (sort of like solar panels). Let me know when I can buy one – a particle accelerator – at WalMart ;)
Shore Guy (50):
You said it perfectly.
“the half of us paying the taxes funnel cash to the upper 10th of 1% of wage earners”
Game over if this does not change soon by means of armed revolution. The only reason I support guns is because I fear we will soon need to use them on our government.
Sorry if I sound like Clot :P
Awesome website:
http://uglyhousephotos.com/wordpress/?cat=85&paged=2
Stu,
How sad is it when the productive class starts feeling as you do? We are supposed to be the ones who feel comfortable. The peple we hve hired to run the government on our behalf have fcuked up badly. I don’t know how we can vote for incumbents, regardless of how much we might like them. It is time to shake up things a whole lot.
Stu,
That Web site is like the People of Wallmart of houses.
Why is there no discussion about reducing costs by going to a county/regional type school system? This is what Maryland does. A teacher applies to a County district, not an individual city or township district. There are therefore less administrators and fewer layers of bureaucracy. Maybe other states also do this. Can we maybe start thinking outside of the box in this state?
Meter 52
It is certainly possible to do, it simple physics. Of course it would never be economically feasible to do so for economic gain.
meter 52
You can build a basic particle accelerator out of an old cathode ray tube TV/monitor. be careful not to irradiate yourself int he process. You might generate some nasty X-rays
42
I don’t think any distinction should be made. A voucher should be able to be used toward down payment on a private school. Why not? If there is a voucher program it should be available to everyone in every single district. The money should follow the kids.
Beechbum: “NYT just had another article on charter schools and the fact that they don’t lose enrollment even when they’re very bad.”
Pravda having an article bashing charter schools? I’m shocked, shocked.
Meter,
The baisi for your DIY particle accelerator:
http://www.amazon.com/NEC-AccuSync-AS700-BK-Monitor-Black/dp/B00019OCRW
You can find the instructions for building it by doing a little googling. Happy accelerating! dont forget the lead vest
There is no way to shake things up through elections. Both parties are exactly the same. It’s the corporatocracy that is to blame. It’s pathetic that when a crisis occurs, rather then simply pointing the finger at BP who was too cheap to install an underground shut-off valve, the sheep decide that it is smarter to point at Obama or Cheney. F’in sheep fighting over the bread crumbs. Jamil is like the sheep who volunteered so he can decide who gets fleeced first.
Now I’m sure both sides will call for more government regulation, but really? It appears BP was already drilling deeper than their permit allowed. I suppose their lobbyists did some fine work to make sure this would become the status quo.
But go on and point at the parties. It’s what they want you to do.
Drill baby drill!
House Whine 57 – I’ve often wondered the same thing. But now try to imagine the folks in West Essex towns like Glen Ridge and Millburn and Essex Fells willingly agree to consoldiate into a school district run by Newark and East Orange pols. There have already been Essex County secession votes in several of these towns. I imagine the state would have to allow a 22nd county or there would be an armed rebellion here.
Ironically our tax increase this year is looking like: Montclair BOE 4.5%, Montclair Municipal 11-14%, Essex County 2%. Who would have ever thought that Essex County could come off as the most fiscally responsible of the whole bunch?
Shore, Dry Tortugas is a great day trip. 70 miles west of KW. Snorkeling is good there. Pristine waters w/ lots of migratory birds especially this time of year. A friend of mine from the NJ office was just there last week for bird watching. Fort Jefferson is kinda cool. That’s where Dr. Mudd was locked up. They have a few campsites which require advance booking. You can get there by catamaran out of Key West harbor or by seaplane. The cat trip is pretty cool just go outside and look for dolphins and turtles.
I like a voucher plan in concept. However, I worry it won’t be long before the price of a ‘cheap’ but effective school increases under the flood of voucher-enabled students applying. And giving vouchers to perents doesn’t eliminate teacher contracts so they will be getting paid, too, with little incentive to change.
The new result is the kids who need the vouchers to escape the public schools end up right back in them, because they can’t afford the private schools tuition after the inevitable increase post-voucher. Parents already paying for private/parochial school think they are getting a subsidy, but that soon evaporates. And nothing is done to make the public schools any better.
If we implement vouchers and bring market force to the demand side, nothing will change unless market force can be brought to bear on the supply side of the equation.
[9] rusty
Too late!
63
They had really good lobbyists. It looks like BP’s tab for any economic damage is capped at $75 million.
http://www.cbsnews.com/8301-503544_162-20004034-503544.html
“While BP is on the hook for the clean up costs, there is a $75 million cap on an oil company’s liability for economic damages, or other damages claimed by individuals or government, under the Oil Spill Liability Trust Fund law.”
The rest comes from a tax placed on the oil companies held in a fund. I doubt they pass on that tax in the form of higher prices though.
[63] libtard
You should know that there is a logical line of reasoning that holds Obama culpable for the blowout, but it is the same line of reasoning that holds Bush responsible for Katrina. As I thought the latter was intellectually dishonest, the former must be. So I don’t posit it.
As for the lack of a blowout preventer, there are conflicting reports, but the latest piece I heard as to why they aren’t required is that our own government had determined that the available technology was suspect.
I have no way to evaluate that; just repeating what was reported (in MSM, so take it for what its worth).
63 Libtard:
“It’s pathetic that when a crisis occurs, rather then simply pointing the finger at BP ”
Tell me again, what you and your fellow lefties were ranting during Katrina. The Sicko-Left set the standard then, so let’s follow it now. O admin had the responsibility to act from day 1. It took 9 days to act.
Also, who cut the Coast Guard budget dramatically this year (Coast Guard was the first responder)?
Only thing missing now is the State Media reporting facts that kids are being raped and bodies are eaten alive because President didn’t act.
Shore, If you do get down to the Keys it might be worth your while to check out Little Palm Island. Place is great. We go there on special occasions for brunch or dinner. We plan to go there on Mothers Day.
http://www.littlepalmisland.com/LittlePalmIsland_Dining.aspx
Damn,
For some arcane reason, silver dropped like a stone while gold rose, and my trailing stops kicked in. So while I made money, I am utterly nonplussed about why that market just blew off like that. I set my stops to defend against a 3X average daily move, and we got it today.
jamil,
Just shut the F up already. What is seriously way more pathetic than Katrina and the BP oil leak is that you don’t realize how manipulated you are. I doubt a lobotomy could stop you from repeating what you read daily from your sources. Who the F cares. Two wrongs don’t make a right. Unfortunately, these are your marching orders. Did you buy your Miracle-Ear or your Franklin mint painted silver dollars yet?
Hopeless! You are like the f’in borg.
[70] jamil,
That reasoning is weak. My reasoning for blaming Obama, which I think is stronger, is that this problem, like the seawalls and the possibility of a Cat 4 hurricane, was known and preventable. Therefore, the admin. had a duty to act pre-emptively and failed. This was the logic used vs. Bush, and the same logic should apply vs. Obama.
Yet, as I stated above, I find it intellectually dishonest to blame Bush for a natural disaster (and yes, by implication, I am calling Bush’s detractors intellectually dishonest). Thus, to blame Obama for the blowout and response is to engage in the same low, inflammatory, baseless demagogery that the left engages in. This I won’t do.
I’d just as soon shoot them—that is more honest.
73 Libtard: I’m just having fun with the Sicko-Left, which set the standard during Katrina. I know that during Katrina you were the number #1 fanatic blaming Bush for mass-murder, now you try your weasel your way out (“President is not responsible of anything”).
You asked for this. Now deal with it.
And Jamil,
Too show you F’in STUPID you are. Tell me what could Obama have done on day one that he couldn’t do on day 9? See, your fearless drunken, mission-accomplishing, Jesus conversing moron could have sent buses to New Orleans on day 1 or day 2 or day 9. He CHOSE not to. Now again, tell me what Obama or even Jesus could do about this leak in the gulf. You conveniently ignore the facts as usual. You leave out 99% of the story. You are seriously dangerous. Your lack of self awareness is disturbing. You are ripe for manipulation. You are a moron!
When vouchers are discussed, it’s usually in the form of $1000 – $1500, which is hardly enough for even the cheapest private school. Don’t kid yourself that vouchers have anything to do with actual improvement to the education system. Vouchers are simply a scam used by Republicans who want to completely dismantle the public school system, returning this country to a place where only the wealthy were educated.
shore (39)-
Muswell hillbilly here.
74 Comrade: “That reasoning is weak”
but the temptation to p1ss off low-IQ liberals is too much to ignore, especially after they specifically set the expected gov response standards during Katrina. It is funny how things change with libs. It reminds me of Shore Guy’s interpretation of the constitutional authority of the POTUS (now warrantless killings of US citizens fine, deliberate mass-murder of millions fine..but don’t you dare to suggest to SG that warrantless wiretapping or actual interroation is allowed!).
Tax News of the Day:
Memo to the Fat Man: Red states are asking you “Are you gonna eat that?”
Study Finds States Focusing on Tax Credits For Businesses Hiring Highly Skilled Workers
States are concentrating on tax credits that benefit certain types of preferred business activities because they create jobs in industries that hire high-skilled, high-wage employees, according to a May 3 study prepared for the U.S. Chamber of Commerce and the National Chamber Foundation.
States expect the availability of tax credits to foster job creation and boosts in productivity and state tax revenues, according to the study, titled Enterprising States: Creating Jobs, Economic Development, and Prosperity in Challenging Times.
Although states often employ tax incentive initiatives to promote investment and job creation in economically depressed areas, tax credits for research and development and for private sector individual investors have particularly come to the forefront, it said, because they create direct and indirect research jobs in industries that hire scientists and technicians, according to the study.
“These kinds of jobs and careers are highly sought after by the states and local communities wishing to be competitive in the knowledge-based, innovation-driven economy,” the study said.
Foundation for Long-Term Growth
Targeted tax credits are frequently seen as more effective than direct economic development incentives because a credit requires a specific investment to trigger the incentive, the study said. “It is these direct investments in growing, innovative private enterprise that are the foundations for long term regional growth,” it said.
Investment tax credits are quickly replacing direct taxpayer subsidies for business recruitment and are moving the focus toward engendering growing business already in the state because “tax credits leverage direct outside investment in in-state companies,” according to the study.
States with more taxpayer-favorable tax and regulatory regimes did not experience budget problems as severely as states with the highest tax rates and the most onerous regulatory climates, the study said. A high overall tax burden in one state does not necessarily make it less competitive compared to another state that structures its tax laws in a “less enterprise-friendly manner,” it said.
Nom, I’ve been pulling back on some exposure too. my portfolio took a beating over the last week. Pretty much wiped out the last two months gains!
I only like to play with this volatility when the screen is green.
The only thing that these Christie school vouchers are achieving is to prove that Christie is a politician rather than a leader. Until he passes the 2.5% cap on local property tax increases, he is just transferring the tax burden from the state to the locality. The vouchers are to placate the republican base and to continue to piss off the democratic-leaning teachers union.
To read into this any other way is a waste of our time. Fat man, you are no different than all of the governors before you. May you crash and burn like the rest.
76 Libtard: I know arguing with a liberal is waste of time, but O cut the Coast Guard budget and did not activate federal response until 9 days after the incident. Now let’s be honest here. Had Bush waited even 1 extra day, you and your fellow lefties had been screaming bloody murder everywhere. They could have, for example, started to burn the oil on the first day.
The double-standard and the intellectual dishonesty of the sicko-left is unlimited.
You set the standard for the gov response. Now deal with it.
Christie Whitman shopping at the Big and Tall Man’s store.
[79] jamil
I agree with you that they set the standard, and I warned then that this demagoguery would come back to bite them in the ass (or would create a permanent entitlement system out of disaster, which was already well underway). And, in retrospect, while I don’t like asking the question, I must agree that, logically, it is a legitimate issue, if only because the Democrats put it in play years ago.
[76] libtard
I’m surprised you took the bait. I also think you are smart enough to know that there is no playbook for responding to unprecedented disasters, and with Katrina you had the overlay of state and local authority, and the limitations on federal authority. I think that when the history of Katrina is fully aired, it will exonerate the federal response.
Further, the state and local overlay is not present in this instance. Jurisdiction over GOM waters is exclusively federal, and it is a valid criticism that Obama waited to act. He could have sent in the military, just as Bush was criticized for not doing, and there isn’t even a posse comitatus act concern. Finally, the logistical response to this event is less complex than Katrina was (expensive and ponderous but simple in design). And because the left and MSM validated this question during Katrina, I think it a valid question here: Why WASN’T POTUS all over this from Moment One?
Sorry for your discomfort in dealing with jamil, and I do understand your position there friend, but jamil is right in one respect: what goes around comes around, and the dems cannot complain about being hoisted by their own petard.
The rest comes from a tax placed on the oil companies held in a fund. I doubt they pass on that tax in the form of higher prices though.
It’s a per barrel tax on oil (I think about $0.08/bbl). As the tax isn’t high enough to result in demand destruction, it definitly gets passed on.
Jill (77)-
Don’t look now, but only the wealthy in this country currently have even a shot at a real education. By “real”, I mean a K-12 systematic development of critical thinking skills, based on a curriculum derived from the great works, deeds and thoughts of Western civilization from the Renaissance forward. This necessarily excludes relativism, multi-cultural feel-good bullshit, inculcation of consumerism as a substitute for education, brainwashing and other forms of political correctness and mind control.
We have just about decided (or had it decided for us) that healthcare and real education are consumer products, subject to the laws of the marketplace. As much as TPTB try to make it look like opportunity for both healthcare and education are being extended to all in a much larger swath, the reality is that access to both is being narrowed.
“…Republicans who want to completely dismantle the public school system, returning this country to a place where only the wealthy were educated.”
Final Doom – I agree with you – and as the recent financial failure showed: the marketplace ain’t what it’s all cracked up to be, either!
veto (81)-
Only problem is, when the screen is green, there is no volatility. Mr. Vix is only the friend of the short.
“I only like to play with this volatility when the screen is green.”
DOW is down 200+ but BP is slightly up. I’m hearing BP picked up some form of derivative insurance on the spilled oil and they’re getting paid 100 cents on the dollar.
All while tax payers are rushing to clean up the mess in the name of saving the earth.
Got to love the irony in this.
EUR:USD = 1.3055
Next stop, parity.
Feds offer $5b to shore up early retiree coverage
WASHINGTON – Trying to entice cost-weary employers to keep providing medical coverage to early retirees, the Obama administration is making $5 billion available until the safety net of the new health care law is in place.
Older baby boomers working for large companies — and looking to downshift to less-demanding employment_ could be the immediate beneficiaries.
Effective next month, federal subsidies will allow employers to recoup a big chunk of the cost of medical claims for retirees ages 55 to 64 not yet eligible for Medicare, according to a White House official who spoke on condition of anonymity ahead of the official announcement expected Tuesday.
However, in the long run, experts predict that President Barack Obama’s health overhaul will accelerate the decline of employer-sponsored retiree coverage, by making it easier for people to find and keep affordable coverage on their own.
Starting in 2014, the health care law forbids insurers from denying coverage to people with medical problems, limits what the companies can charge older individuals, and sets up competitive health insurance markets called exchanges — where consumers can buy a policy, in many cases with direct government assistance. Early retirees will have options they don’t currently enjoy.
“Employers have been offering these benefits because there is no alternative source of coverage,” said economist Paul Fronstin of the Employee Benefit Research Institute. “I think they’re going to be asking themselves why they should continue offering retiree coverage. There is no question this is something that is on employers’ minds.”
Preventing an immediate rush to the exits by employers is one of the main goals of the new subsidy program, authorized under the health care overhaul law. Among employers with 500 or more workers, only 28 percent offer health benefits to early retirees, down from 46 percent in 1993, according to Mercer, a benefits consulting firm.
Under the program, employers can get reimbursed for up to 80 percent of the cost of medical claims between $15,000 and $90,000 for their early retirees. The government payments can be used to reduce premiums for retirees and their dependents, or by employers to keep their own costs in check. The benefit takes effect June 1.
Large companies and labor unions successfully lobbied to include the early retiree subsidy in the broader health overhaul. Nearly 2 million people ages 55-64 currently have health insurance through a former employer.
Congress set aside $5 billion to finance the benefit until Jan. 1, 2014, but it’s unclear how long the money will last. Employers are expected to sign up without delay.
Passage of the law has prompted employers to reassess whether they need to keep any of their retirees on workplace health plans over the long run.
In addition to the early retiree subsidy, the overhaul law improves Medicare benefits by gradually closing the prescription drug coverage gap called the “doughnut hole.” That will benefit retirees over age 65. Even now, some companies are starting to provide their retirees with a fixed payment for health care, a voucher that limits their own exposure.
“Once the insurance exchanges are up and running, it provides a ready vehicle for early retirees that does not exist today,” explained Ron Fontanetta, a principal with the benefits consulting firm TowersWatson. “You couple that with an improved Medicare drug program, and it begs the question whether employers really need to be in the retiree game at all.”
Clot 91
now that greece was removed form PIIGS…all we’re left with is PIIS.
I don’t care about Obama or Bush or what Fox or the MSM writes. What is truly annoying to me is how the sheeple focus exclusively on this and ignore the ‘real’ issue. What is with this infatuation to blame a party when the fault really lies in our lobbyist model which is supported by both parties?
I stopped believing the government ruled in our interests the moment we invaded Iraq, supposedly in response to 911. Their actions during this financial crisis have simply furthered my feelings on the matter. It really is non-partisan for me. You don’t see me ripping the voucher supporters or the gun supporters do you? I’m even a registered Republican. So you can all go on with your sheeple Monday morning partisan blame games. I’ll sit back and watch the end of our country at the hands of two parties who are out to make you want to blame their opponents while they loot you out of your right to sustenance.
And giving vouchers to perents doesn’t eliminate teacher contracts so they will be getting paid, too, with little incentive to change.
It doesn’t eliminate contracts, however it eliminates the “captive consumer” that public schools currently enjoy and introduces some healthy market forces.
Teachers can take up as much of the budget as they want because parents and students have no other choice. As a result, parents often get poor value for their tax dollar. However, with vouchers, parents could choose schools that offer more for the money (or their voucher).
Let’s say Brigadoon teachers demand a big raise. As a result, Brigadoon cuts art and music programs. However, neighboring Snooty Hills teachers are more reasonable and therefore their school keeps these programs. Parents may choose to pull their kids from Brigadoon and send them to Snooty Hills. Enough students leave Brigadoon and their teachers will be looking for new work; the market does its job.
The new result is the kids who need the vouchers to escape the public schools end up right back in them, because they can’t afford the private schools tuition after the inevitable increase post-voucher.
Why will there be an inevitable cost increase? First, I would propose that vouchers be “all or nothing”; schools accept them as payment in full or don’t accept them at all. This prevents public schools from becoming warehouses for those who can’t afford to pay the difference between the voucher and private school.
Secondly, you would create a whole new market that currently doesn’t exist for high quality reasonable priced private schools to compete with public schools. This would help keep public schools in-check.
Bought two stocks two weeks ago. One long, one short. Unfortunately, covered short yesterday and could have almost doubled profit if held to today. OTOH, going long Pfizer and selling near high today worked.
I’m still rooting for water cannon Wednesday in Greece.
@62 – Hyde:
“The baisi for your DIY particle accelerator:
http://www.amazon.com/NEC-AccuSync-AS700-BK-Monitor-Black/dp/B00019OCRW
You can find the instructions for building it by doing a little googling. Happy accelerating! dont forget the lead vest.”
Thanks, but I’ll pass!
For those of you who remember me posting on this a while back, just wanted to let you know that Baby G turns 1 today. 18 pounds, happy and crawling up a storm. Not bad from her start at 1 lb 6 oz!
“Enough students leave Brigadoon and their teachers will be looking for new work; the market does its job.”
Does it?
In Montclair the revenues are down by like 15% yet the layoffs have been far, far less. The only thing consistent is asking the local tax payer to make up for the local revenue shortfall. Vouchers in principle are an excellent idea. Unfortunately, it requires the governing bodies to behave responsibly in regards to sizing government to match revenues. This is the missing piece of the pie.
Additionally, if everyone in Bloomfield and Montclair decides to send their kids to private schools and leave the poor kids behind, you have really done nothing but provided a tax abatement for those that can afford private school unless the vouchers can fully cover the private school tuition. Fat chance of that happening. You’ll end up with even worse Abbott funding issues if this goes through as the state supreme court will probably rule that kids in Camden need to cost more than kids at Pingry, not just kids in Morris Hills Public.
As I said before, it’s simply politicking by Christie to cater to his base.
Want to improve the schools? Stop spending so much money on them and reverse the Abbot decision which has not improved the inner city schools one iota. Better to invest in their parents rather than the schools.
Libtard: “invaded Iraq, supposedly in response to 911”
what the heck have you been smoking? We were in low-scale war with Iraq during Clinton presidency and since Iraq was suspected of WMDs and sponsoring terror by every intel agency of every country, the bipartisan action, supported by Al Gore, both Clintons and every available Dem hack, was to force Iraq into full UN compliance or face the consequences.
If you are really claiming that we invaded Iraq because it was supposedly behind 9/11 you are even dumber than I thought.
Given that CIA missed Libya’s WMD program and Iraq’s earlier WMD program, I think the dems (and GWB) made the right choice in attacking. There won’t be peace as long as the Saddam’s Iraq and Mullah-Iran continue to exist.
http://www.reuters.com/article/idUSLI28207
Let’s see if Greece goes tear gas or water cannons. The budget probably calls for tear gas.
95 renting: “First, I would propose that vouchers be “all or nothing”; schools accept them as payment in full or don’t accept them at all. This prevents public schools from becoming warehouses for those who can’t afford to pay the difference between the voucher and private school. ”
I take this as an admission that you never worked or lived in a real world.
You do realize that your proposal would enable the union-controlled dems to set the voucher value so low that no charter school can admit a student based on that. So then we would have dems saying “see, we have widely available voucher program and still everybody is in public school”.
That $99 voucher does not give you students a choice, if it must be a full payment.
I fully expect the parasite party to embrace your proposal.
[98] gator
Great news. Need it today.
Stu & Gator has it been 1 year already sounds like she is happy and healthy. Now focus on moving to Brigadoon so she can ask for beemer instead of a 15 year old civic.
Don’t short-change the value of my Civic. I drove it for almost six hours yesterday and the champ is still purring like a kitten. Got over 38 miles per gallon somehow too. I think the mileage is actually improving with age. It don’t make no sense, but I’m not complaining.
Stu: The problem is that all you do is point fingers at the other party.
Jamil: Well that’s because it’s always the other parties fault.
Stu: A lobotomy is too good for you Jamil.
“Mr. Vix is only the friend of the short.”
Cmon now doom, this is not true. did you buy your trading degree with a voucher or something?
Although the VIX is often called the “fear index”, a high VIX is not necessarily bearish for stocks. Instead, the VIX is a measure of fear of volatility in either direction, including to the upside.
[104] stu and gator
Yes, and speaking of moving to Brigadoon, the pool opens in a month.
Damn, metals are crashing today. No worry about the next stop being taken out, but the last stop saved me some serious coin as the price of SLV has cratered about .80 per share and my stop was set at .50.
I gather that it is largely flight to the dollar (knew I shoulda bought a metal fund denominated in euros), but methinks that there is some manipulating going on here. Euro not off nearly as much as shiny, so there are clearly arb opportunities (and on that note, sooooo glad I dumped my Europe fund last year).
People are afraid vouchers would allow people to aquire an education based on family income, but ho wis that different that what happens now?
Do you think Mr and Mrs Snooty living in brigadoon would ever move to newark and let their child go to a newark public school? What happens the second someon in newark raises their income enough to move to a nicer town? they do so, often to get their child into a nicer school.
For anyone familiar with boston schools, look what happens to the Newton school district. Its one of the local brigadoon type towns and you have families doing everything they can to move just inside the district boundaries so that their child can go the newton schools. That includes moving from a house to a much smaller apartment.
We already have economic segregation of our schools based on family income.
Stu sadly we got rid of ours, other than the pesky auto trans starting to go and lack of air conditioning, I really miss the gas mileage on that car.
the element doesn’t even come close in gas mileage
“Mr. Vix is only the friend of the short.”
Doom, isnt it true that you execute your short trades with a bullet?
The Fit is almost he same car as the 92-95 Civic hatchback. The Element was closest until the Fit was released. My AC is weak, but it always was. I just replaced the wires and the distributor cap. Still, $400 is equal to one new car payment when you factor in the insurance premium.
Stocks only went down in the ‘old economy’.
Down is not permitted anymore.
Stu,
I miss my old 82 jetta diesel. got 55mpg on the highway and 35 everywhere else. 85 HP engine too!
“85 HP engine too!”
I’m kicking it with 97. I bet Jamil yearns to drive a Hummer.
Pain 104 – Not ours. This is a friends kid that was born super premature at 24 weeks.
In Montclair the revenues are down by like 15% yet the layoffs have been far, far less. The only thing consistent is asking the local tax payer to make up for the local revenue shortfall.
Because under the current paradigm, the top priority is to protect and benefit tenured teachers. So, what happens if revenues are down? You raise taxes, cut activities, sports, support staff & non-tenured teachers. Do you make the most efficient cuts that maximize the education benefit to students? No. If students and taxpayers suffer, too bad; tenured teachers are no. 1.
Vouchers would help introduce some market forces to the equation.
Vouchers in principle are an excellent idea. Unfortunately, it requires the governing bodies to behave responsibly in regards to sizing government to match revenues. This is the missing piece of the pie
Vouchers would be funded at the state or county level, so local unions couldn’t bully local school districts. Each student would have a voucher that goes along with them. Montclair couldn’t raises taxes because the Teacher’s bullied them to do so.
God Save The Kinks!
——————
Shore Guy says:
May 4, 2010 at 9:20 am
Are there any Kinks fans here?
veto (107)-
Look at the daily charts for the last 18 months or so. Up days are marked by pitifully-low volume, down days by high volume and elevated .vix.
The trend is your friend.
18.
JJ,
The Lakewood Orthodox school budget vote was shot down something like 4100 to 500. Same thing, they take over the neighborhood.
Heres how its done.
Set up Rabbinical college. Bring in Hasidics and their kids (about 6 a piece). Show them how to enroll for foodstamps and housing. Tell them how to vote. Gain seats on the zoning board and public offices. Pay a premium for one house in a desired neighborhood. Rent said house out to migrants who proceed to deal drugs out of the house and raise chickens in the backyard. Crime follows. Every other house goes up for sale. Prices trend down. Rabbi comes in with 2 families and tells them what to bid on house. Once 50% of the neighborhood is Hasidic you get aggressive to the homeowners that remain. Knock on doors repeatedly. Try to corner off streets on Sabbath etc.
Clickity Clack rack the slide back if they try that crap near me.
http://www.cnbc.com/id/36938623
Step one:
State that your country is well capitalized and deny rumors.
out of the Lehman and Bear playbook.
Stu and Gator,
Wow. It’s been a year already. Congrats.
Get some physical shiny for her B-day.
“Up days are marked by pitifully-low volume”
doom, i wonder what happens when the entire markets hits the sell button at the very same instant in time?
I take this as an admission that you never worked or lived in a real world.
You do realize that your proposal would enable the union-controlled dems to set the voucher value so low that no charter school can admit a student based on that.
I’m in finance and have worked in the real world all my life. I’ve been here long enough to know that government is bloated, inefficient and competition works. Unfortunately, people like you are the reason why the system is broken; because you so easily resign yourself to the status-quo.
I’m not suggesting that vouchers only go to students that choose to “opt out” of their local school. All schools would be funded via student vouchers and be required to compete for students. If students opted to patronize their local public school, then that’s where they would use their voucher. If the unions pushed for low voucher values, then they would only be hurting themselves.
If we don’t bail out home speculators and Wall Street people, they will turn terrorists!
http://www.msnbc.msn.com/id/36934331/ns/us_news-security/
“Bomb suspect lost Conn. home to foreclosure
Chase sued him in September after he defaulted on $200,000 loan.
Former neighbors described him as a family man who reportedly said he worked on Wall Street.”
63.
Lib,
There is almost unanimous consent in this country to end the fed. Why the heck cant it be done?
I agree the 2 party system is a complete fraud. The only hope in Nov is a complete sweep of incumbents minus Ron Paul and the hope that something meaningful can be done before they too are bought off.
I would be shocked if we even have elections. I think we are headed into the abyss once the pale horse arrives.
[119] wtf
Lola, Lo, Lo, Lo, Lo, Lola. . .
I used to love the Kinks, loved watch their big cover band, Kivetsky do their stuff.
109,
Nom,
Music to my ears. I was afraid JP Morgan wasnt going to let me buy in again cheap. Show me 1100.
Gator – Sorry all the kids starting to bleed into one here. Chi had the baby last year (not premie CF I know). Sitting at my desk with a migraine. so can’t think.
Sure.
“RTRS-SPANISH PM ZAPATERO SAYS RUMOUR OF SPAIN ASKING FOR 280 BLN AID FROM EURO ZONE IS COMPLETE MADNESS”
“Spain’s prime minister José Luis Rodríguez Zapatero sought to reassure investors on Tuesday as the country’s Ibex equity index fell amid rumours of Spanish interest in a €280bn bailout”
doom, i wonder what happens when the entire market hits the sell button at the very same moment in time?
“The city of Fresno is facing a $30.6 million budget shortfall and the mayor announced she wants to cut hundreds of city jobs. Mayor Ashley Swearengin says 225 jobs will be eliminated and 81 vacancies will go unfilled. It means roughly one out of every 12 city workers will be let go. At a news conference Monday, Swearengin says the city is in a state of “fiscal emergency.”
In addition to the cuts, outsourcing city services to the private sector and charging a franchise fee is a big part of her plan. In return the city would receive millions of dollars in revenue.”
Its gonna be a bloodbath.
Nom 108 – Just tell us when to show up. Our three pools combined don’t hold a candle to Brigadoon’s complex.
Tonight on the Montclair Council agenda is a resolution to increase our pool fees by a measly $5. That’s both for an individual and a family.
I’ll have to have Stu tally the amount of folks that speak out against this as being unfair to the underprivileged while simultaneously b*tching about out 11-14% municipal tax increase.
So Spain needs 280 billion? This is rumor is hammering the Euro and the market?
AL,
I think its a combo effect. Spain is now asking for money, Portugal is still on the brink and the Greek bailout plan is starting to look like it wont go through (gee what a surprise).
Oil spill pron:
http://www.boston.com/bigpicture/2010/04/oil_spill_approaches_louisiana.html
AL,
I also read that the CDS and bond spreads have blown up for the other PIIGS since the latest greek bailout was offered. Hence the non-greek PIIGS are rapidly losing their ability to float debt.
(feel free to correct me if i am wrong here)
Al 136:
Hyde is pretty spot on with his summary. I will add that bankers think Greek bailout is not enough so they are kicking and crying. I also think that the Spain debt is like 1.4 trillion.
There is a great diagram but I cannot find it. If I do, I will post it for you.
Hype,
is this the diagram you wrer looking for?
http://www.nytimes.com/interactive/2010/05/02/weekinreview/02marsh.html?ref=global
Hyde;
That’s the diagram. Thanks!
From the NYtimes chart
The PIIGS collectively owe france 900+ Billion and Germany 700+ Billion.
Italy is in the hole for more then Spain at 1.4 trillion.
quite the set of dominoes the Europeans have setup.
Hyde,
Nice chart. A picture tells it all. Summary: Its all going to collapse right on schedule.
Manufactured collapse of course.
AL
what do the anglo-illumiti have against europe?
Would you folks please get back to work. You’ve a pension to earn those retirees. Chop! Chop!
Ode on a Grecian burn?
i wonder why libs stopped talking about Times Sq bomber. Guess once those promising leads about white tea party anti-healh care protestors (as speculated by NYC Mayor) turned false, time to move on.
Now we learned that the bomber is a registered voter (Guess which party!) and political donor to the (Guess who!). Hope and Change!
I expect front-page NYT article detailing his political affliations. /sarc
Private vs public sector comp:
http://innovationandgrowth.wordpress.com/2010/05/03/public-sector-pay-outpaces-private-pay/
EK coming back to earth. What happened John?
145.
Hyde,
Its not just Europe. They will be coming here soon. We are privileged to watch the game plan from across the pond. They are setting up world government. They have to impoverish everyone first then the real fun begins.
Funny Jamil,
That bomber is no different than you as you are both legal immigrants. Why don’t you go build a bomb? Your name alone is reason enough to have you deported. Right?
Interviewed for a job last week. Sent a thank you note after. I don’t think I will get it but its a good job. They reposted the job after my interview on careerbuilder. Would it be wrong or seem desperate to follow up with a call?
Too much too quick. But keep an eye out at Best Buy and Staples next month, Kodak has a new line of internet ready digital cameras that auto downloads to YouTube and you can use even if you don’t own a PSL. Default risk however really calmed down and my bond is way up. I reward Kodak by buying a $130 dollar Kodak Digital camera last month out of some of the interest they paid me, circle of life.
Beezer trying to pull off a secondary tonight and stock already off 13% today. Should have done it yesterday.
Libtard says:
May 4, 2010 at 1:35 pm
EK coming back to earth. What happened John?
Closed on my old house, money is in the bank. Hooray! Real estate can sell in NJ if you price to sell, and it’s in a decent location and condition.
Down to one overpriced NJ house.
I’ll be glad when all the contractors are finished working on my new house.
Does anyone know someone who does home theater work that isn’t a total rip-off?
“what the heck have you been smoking? We were in low-scale war with Iraq during Clinton presidency and since Iraq was suspected of WMDs and sponsoring terror by every intel agency of every country, the bipartisan action, supported by Al Gore, both Clintons and every available Dem hack, was to force Iraq into full UN compliance or face the consequences.”
dude wake up, thats the story the worked up for the sheeple but anybody with half a brain knows it was all about oil, plain and simple, and preventing the russians and french from controlling it
Why bother Hehehehe. He has been assimilated.
d2b follow up with whomever your intitial contact was call about 9:30 am usually after their first cup of cofee and before the 10 am meetings start.
“hi so and so, I just thought I would reach out to you about the position I interviewed last week. If you have a few minutes could you update me on my candidacy.” If you didn’t get the job nicely ask the reasons why while seeming inqusitive, thank them for their feedback. If there is no comment or still interviewing ask if you could follow up in a few weeks or what their process is for notifying candidates yes or no.
most HR folks will be upfront and honest. Don’t do it more than once. then you become annoying.
as of 2004 there is 158,000 tonnes of gold ever mined. 1,580 tonnes of gold for investors and 30,020 tonnes is held by Central banks as official gold reserve.
http://en.wikipedia.org/wiki/Gold_investment
Don’t tase me bro’…..
http://www.youtube.com/watch?v=riCu3LJOgmk&feature=player_embedded
Si Non Oscillas, Noli Tintinnare
buy a home now.
what goes down must go up.
its simple physics.
-sue adler
when you buy a home, you are buying an investment, a school, a train and yes, its an investment that only goes up.
-david learah
Is it too late to get a mortgage in JPY?
“The next time you are engaged in a bidding war, i want you to ask yourself… Whats the price limit for happiness?”
-Anonymous RE Agent from NJ
2005
Whats the price limit for happiness
$1.53
d2b#153: What Painhrtz said, except that I would add one more thing to your spiel — asking if there is any other information that might be helpful to them in evaluating your candidacy. If you can think of something you offer the company in that position that you didn’t mention on the interview, even better.
Good luck. I know it’s tough out there.
“I dont know much about Real Estate but i now this: They aint building no more land.”
-Uncle Jim
Back yard BBQ
Sept 2003
Happiness is where your heart is.Buy a house!You can only complain of property taxes if you have one.
Veto 165 Solvency.
•Euro Falls Below $1.30 for First Time in Year on Greece-Contagion Concerns
Par by the end of the month?
“There is no equity in renting.
It’s like throwing your money down a drain.”
-Your spouse, june 2005
Why is pfizer up 2%?
“Anybody who is wealthy, and I mean truly wealthy, will tell you.
Real estate is a sure thing.
Always has been.”
-Your co-worker, March 2005
Earnings.
Why is pfizer up 2%?
Pfe …good earnings ,very low expectations going into today .I went long last week hoping for a pop
Pt 11 …bought some BP and PBI as well
[161] JJ
“Si Non Oscillas, Noli Tintinnare”
I don’t think they had vegetables in mind.
Make sure you stretch as far as you possibly can to buy a house.
Seriously we need higher productivity from you people!
veets (124)-
I don’t.
“doom, i wonder what happens when the entire markets hits the sell button at the very same instant in time?”
WTF,
As a Kinks fan (and depending on your position on taxes), you might enjoy this:
(NJ Escapee, meet me on a deck overlooking the water and we can play this with the drinks flowing)
Democratic party song?
I’m not content to tax “the rich” in the daytime
Oh no, I want to tax “them” all of the time
The only time I feel allright is robbing “them” blind
Hey, I want to tax them all into the ground
And then, I’ll split it with you
And then, I ‘ll split it with you
I believe the Greavy train lasts forever
It doesnt matter if we beome a big debtor
As long as we can tax “the rich” we’ll be allright
Hey, I want to tax them all into the ground
And then, I’ll split it with you
And then, I ‘ll split it with you
Copyright 2010, poster known here as Shore Guy, All Rights Reserved
Oh, Look the dollar is recovering now.
I told you guys everything would be fine.
gator (135)-
Please come back here and let me know what time I can start tossing grenades at baristanet.
“Asbury Park is going to be the South Beach of the NE” – lil ghey realtor dude, summer 2002
180.
“The whole world lives on the principle of hope: hope that it will be possible to repay the debt that has accumulated in past years, that governments will manage to clean up their ailing budgets, thereby averting the worst, and that life will go on, just as life has always gone on, somehow, after earlier crises.”
Nope. The Greeks are going to have to work. What an idea. I wonder what the Greeks would be good at. Maybe we could export our highway toll collection industry. If they show up to the tollbooth 50% of the time we could have Ben pay them an extra 2 months of pay.
“Make sure you stretch as far as you possibly can to buy a house”
I thought it was: bend over a straight-back chair in order to support taxation to put the imprudent into the home you wish you could afford.
Shore, nice parody. got it in playing in my head already.
“Its like Mayberry meets Manyunk, everyone wants to live here” 2006 Collingswood Realtor lady. Collingswood is conveniently located a stones throw from Camden.
d2b (153)-
Drive a truck bomb into their building. That should get their attention and let them know you’re serious.
“Interviewed for a job last week. Sent a thank you note after. I don’t think I will get it but its a good job. They reposted the job after my interview on careerbuilder. Would it be wrong or seem desperate to follow up with a call?”
West (155)-
E-mail me. I have a guy.
“Interviewed for a job last week. Sent a thank you note after. I don’t think I will get it but its a good job. They reposted the job after my interview on careerbuilder. Would it be wrong or seem desperate to follow up with a call?”
veets (162)-
Isn’t the last line of that poem, “on your knees”?
China May ‘Crash’ in Next 9 to 12 Months, Faber Says
May 3 (Bloomberg) — Investor Marc Faber said China’s economy will slow and possibly “crash” within a year as declines in stock and commodity prices signal the nation’s property bubble is set to burst.
190.
“Drive a truck bomb into their building. That should get their attention and let them know you’re serious.”
lmao. Quote of the day.
Careerbuilding 101.
Here’s more of what we can expect from NJEA, and why they are so apopleptic about Christie not retaining a Supreme Court judge. . . .
“Lowell teacher fired for failing English fluency tests may get job back
By John R. Ellement, Globe Staff
A former Lowell teacher who was fired because she failed state-mandated English fluency tests may get her job back as a result of a decision today by the Supreme Judicial Court.
In a unanimous ruling, the state’s high court said an arbitrator did not violate state law when he ruled that the Lowell School Committee had no right to dismiss Phanna Kem Robishaw, a first-grade teacher from Cambodia who failed English-speaking tests. . . .
In its ruling, the SJC said it was not passing judgment on the validity or legality of the English-speaking requirement that was added to the state’s lawbooks as the result of a statewide referendum. In 2002, voters approved Question 2, which required, among other things, that all classroom teachers pass proficiency tests in English.
In 2003, the Lowell School Department implemented the new rules and Robishaw was required to take the tests. At the time, Robishaw had taught for 10 years at the Greenhalge School, where nearly 50 percent of the students were Cambodian immigrants.
A survivor of the murderous Khmer Rouge regime, Robishaw had four state teaching licenses to her credit when she failed two types of fluency tests, according to the SJC. She went on medical leave for post-traumatic stress disorder linked to her life in Cambodia and sought to get her job back in 2005.
But Lowell school officials, citing the 2003 failures, fired her instead. In 2007, an arbitrator ruled the school was wrong to conduct the tests when Robishaw was being treated for a psychiatric disorder and that her life story was an inspiration to her students.
The school committee appealed, and a Middlesex Superior Court judge ruled that the public policy requirements approved by voters in Question 2 must be applied to Robishaw. The judge included an audiotape of Robishaw speaking in the ruling to strengthen the conclusion that Robishaw was unfit to teach.
But the SJC said that under state law, judges cannot wholly substitute their own conclusions for those made by an arbitrator. “The judge was not free to reject the arbitrator’s findings or his legal conclusion,” Botsford wrote.
The SJC said that the arbitrator’s conclusions did not violate state law requiring teachers to be fluent in English because the proficiency testing “must have been conducted in a procedurally appropriate manner and must be based on the use of substantively valid standards. If it was not, the superintendent’s fluency determination need not be accepted. The judge was not free to reject the arbitrator’s findings or his legal conclusion.
““on your knees”?”
doom, Yes everyone of the above quotes should be followed immediately with ‘that’s what she said.’
“The market is telling you that something is not quite right,” Faber, the publisher of the Gloom, Boom & Doom report, said in a Bloomberg Television interview in Hong Kong today. “The Chinese economy is going to slow down regardless. It is more likely that we will even have a crash sometime in the next nine to 12 months.”
“Asbury Park is going to be the South Beach of the NE
Only without the sun, the blue water, and the culture.
Doom 184 – Hey Baristanet already has a post up about this, and shockingly no one has complained yet.
I’m guessing that at least 5 people will complain at the meeting and the ordinace will be tabled and never revisited again.
http://www.baristanet.com/2010/05/pool_fees_to_head_up_river_eve.php
Doom,
Home theater guy?
I can’t seem to get your link or email working now.
Nom
the Lowell School Committee had no right to dismiss Phanna Kem Robishaw, a first-grade teacher from Cambodia who failed English-speaking tests.
?????
“So many people have been trained to buy on the dips. What we’re afraid of is this is a game of musical chairs,” said Kathy Boyle, president of Chapin Hill Advisors in New York. “One of these times it’s just not going to work.”
Somebody finally figured that out?
They got rid of Toll Collectors with Easy Pass. Why not implement Easy Pass in the schools?
I’m guessing today’s action is a result of the mexican quants have to leave AZ.
“South Beach of the NE??”
Thats a good one.
in fairness, i think he meant coney island.
China
Citigroup Inc. warned in March that in a “worst case scenario,” the non-performing loans of local-government investment vehicles, used to channel money to stimulus projects, could swell to 2.4 trillion yuan by 2011.
Housing prices nationwide may fall as much as 20 percent in the second half of the year on government measures to curb speculation, BNP Paribas said April 23. Under a stress test conducted by the Shanghai branch of the China Banking Regulatory Commission in February, local banks’ ratio of delinquent mortgages would triple should home prices in the country’s commercial center decline 10 percent.
I thought fire Island or P-town already made that claim
“I deserve as much house as I can afford” foreclosed upon ex-coleague 2006
“who failed English-speaking tests”
Next the gov fascists require that all teachers must be able to read and/or write english.
The clampdown on property speculation may prompt investors to turn to the nation’s stock market, Faber said. Still, shares are “fully priced” and Chinese investors may instead become “big buyers” of gold, he said.
i fear for a meltdown in chinese economy.
Ask yourself.
where would we get all of our toys?
Yes, but maybe egg rolls and rug and tugs will fall in price. Other than cheap toys I think that is about the only things they make.
veto that – lawrence yun ‘the panda’, ‘next fall’ says:
May 4, 2010 at 4:36 pm
i fear for a meltdown in chinese economy.
Ask yourself.
where would we get all of our toys?
“Interviewed for a job last week. Sent a thank you note after. I don’t think I will get it but its a good job. They reposted the job after my interview on careerbuilder. Would it be wrong or seem desperate to follow up with a call?”
Instead of a “Thank You” note always send a bottle of good Scotch. Blue label will get you a 250K job easy.
203. You suck. FYI.
212. You suck too. FYI
http://moneyfeatures.files.wordpress.com/2010/05/flfaceofforeclosure.pdf
FYI Rusty Pipes the sucking is extra.
Rusty Trombone says:
May 4, 2010 at 4:52 pm
212. You suck too. FYI
http://moneyfeatures.files.wordpress.com/2010/05/flfaceofforeclosure.pdf
FYI Rusty Pipes the sucking is extra.
Rusty Trombone says:
May 4, 2010 at 4:52 pm
212. You suck too. FYI
Shore-
Ray Davies comes to Jersey now and then. Good show, nice guy.
saw the kinks at the Stone Pony about 10 years ago, pretty good show, too heavy on the 60s. I maintain that Davies writing was best in the 70s. Low Budget is a great lp.
but all the yahoos in the audience insist on Lola and You Really Got Me. Its annoying… WE GET IT, ITS A TRANNY.
Ahh… The Stone Pony. I saw sooo many shows there. My favorite was Robin Trower in 1990. I weaseled my way on the stage behind Trower’s three Marshall Stacks with a couple of tall neck Budweisers. I watched him jam for two hours about 10 feet away from me. After the show he handed me his guitar pick with his name stenciled on it.
MURDOCH: APPLE’S IPAD WILL ‘LEAD A REVOLUTION IN MEDIA CONTENT’… DEVELOPING…
Flight to safety 10-Year 100.281 3.59
NO ONE IS SAFE!
yo’me says:
May 4, 2010 at 6:21 pm
Flight to safety 10-Year 100.281 3.59
http://www.youtube.com/watch?v=HY-03vYYAjA&feature=related
(182) Shore Guy,
The tax man’s taken all my dough,
And left me in my stately home,
Lazing on a sunny afternoon.
And I can’t sail my yacht,
He’s taken everything I’ve got,
All I’ve got’s this sunny afternoon.
Question about the headline post today.
Does this signal the beggining of a fight against Abbott?
Or does he just implement vouchers while we continue to waste money by the boatload?
The V word?
although a good idea.
ain’t never gonna happen.
you think the rich kids parents whom have them live in a protected bubble will have “wetback kids” co-mingle?
ha …ha
and you think those HOA’s just give you a pool & tennis court?
you best think again.
SAS
#223 chicagofinance says:
May 4, 2010 at 6:31 pm
NO ONE IS SAFE!
I am SAFE AS HOUSES!!!!
Lucrative Income!
May 4 (Bloomberg) — Americans seeking reward money are turning in neighbors, clients and employers they suspect of cheating on taxes to the IRS at a rate of nearly eight per day, the director of the agency’s whistleblower program said.
Steve Whitlock, the director, told an audience of about 200 lawyers, investigators and government officials at a Miami Beach conference on offshore banking that his office receives 40 to 50 tips per month alleging tax liability in excess of $2 million. Americans submit another 200 per month alleging smaller violations, he said.
Whitlock said submissions have surged since the enactment in 2006 of a law that requires the Internal Revenue Service to pay awards of between 15 percent and 30 percent in cases where more than $2 million is collected. Prior to the law, both the decision on whether to make an award and the amount of payment were discretionary.
http://www.bloomberg.com/apps/news?pid=20603037&sid=a9_xo7v3iRbw
jamil is an immigrant? I thought he was born in Scranton or someplace like that.
Okay, being boped stiff at a function oin NYC. Judge Denny Chin about to read a proclamation from the One.
Met some of Justice Alito’s current and former law clerks. Amazed at how small these circles can be.
Well, at leasst I get a free meal and some more use out this tux.
Will let you all know what Alito has to say (okay, I really won’t but will describe it later).
228.Whitlock said submissions have surged since the enactment in 2006 of a law that requires the Internal Revenue Service to pay awards of between 15 percent and 30 percent in cases where more than $2 million is collected. Prior to the law, both the decision on whether to make an award and the amount of payment were discretionary.
Hitler had something similar for turning in undesirables.
“I hold it that a little rebellion now and then is a good thing…It is a medicine necessary for the sound health of government…God forbid that we should ever be twenty years without such a rebellion..The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants. It is its natural manure.”
– Thomas Jefferson (in response to Shays’ Rebellion)
Libtard: “Tell me what could Obama have done on day one that he couldn’t do on day 9?”
I forgot this one re oil leak. Even by liberal standards, this statement must be one of the all time records in stupidity. I nominate this to the most libtardian statement of 2010.
jamil
STFU.
Listening to Justice Alito speaking in NYC. Interesting person, and I continue to be amazed that the dems had such an issue with him.
west (200)-
chipdothughesatattdotnet (please, don’t everybody pound my inbox now: I just don’t want to bother grim with being a go-between on this).
Yeah, I have a home theater guy.
jj (211)-
Don’t forget melamine milk and shredded cardboard buns.
I am watching the live broadcast of our council meeting on our TV and am trying to appreciate the irony of the councilwoman arguing so forcefully about the immorality of passing a 20% increase in pool fees on the poor residents of our community – an addition of no more than $30 to the cost of a season pass, yet apparently she has no issue with passing on a 15% municipal tax increase to those same residents….sigh…
Last
Though the nation saw him mouth silently, Alito actually gives a pretty good speech.
F. Doom for president
Hi fiveeee
Jamil for vicee presdentee
Me for president!
gator (238)-
Honestly, you’re running out of time to flee that collectivist hellhole of a town.
Notice a little change in attitude here?
http://www.google.com/finance?q=INDEXAMEX:QQV.X
Chifi
Some memorabilia for you of NYC pre-disneyification
http://www.skyscrapercity.com/showthread.php?t=402544
Merkel’s Coalition Calls for EU ‘Orderly’ Defaults; Spain Prime Minister says Speculation of a Bailout for Spain is “Complete Madness” and the nation has “strong solvency.”
“These rumors can increase the interest-rate differential compared with German bonds and damage our national interests,” Zapatero told a news conference in Brussels today. “This is simply intolerable and I can tell you that we will certainly combat it.”
lmao. Its humorous watching the unisex Europeans sweat. They’ll sweathing a lot more when they are breaking rocks and milking cows for a living.
It took awhile, but … bam. Well done, Jill.
Jill says:
May 4, 2010 at 10:40 am
Vouchers are simply a scam used by Republicans who want to completely dismantle the public school system, returning this country to a place where only the wealthy were educated.
A pretty little girl named Suzy was standing on the sidewalk in front of her home. Next to her was a basket containing a number of tiny creatures; in her hand was a sign announcing FREE KITTENS.
Suddenly a line of big black cars pulled up beside her. Out of the lead car stepped a tall, grinning man.
“Hi there little girl, I’m President Obama. What do you have in the basket?” he asked.
“Kittens,” little Suzy said.
“How old are they?” asked Obama.
Suzy replied, “They’re so young, their eyes aren’t even open yet.”
“And what kind of kittens are they?”
“Democrats,” answered Suzy with a smile.
Obama was delighted. As soon as he returned to his car, he called his PR chief and told him about the little girl and the kittens.
Recognizing the perfect photo op, the two men agreed that the president should return the next day; and in front of the assembled media, have the girl talk about her discerning kittens.
So the next day, Suzy was again standing on the sidewalk with her basket of “FREE KITTENS,” when another motorcade pulled up, this time followed by vans from ABC, NBC, CBS and CNN.
Cameras and audio equipment were quickly set up, then Obama got out of his limo and walked over to little Suzy.
“Hello, again,” he said, “I’d love it if you would tell all my friends out there what kind of kittens you’re giving away.”
“Yes sir,” Suzy said. “They’re Republicans.”
Taken by surprise, the president stammered, “But… but… yesterday, you told me they were DEMOCRATS.”
Little Suzy smiled and said, “I know. But today, they have their eyes open”
#250: Yes, because Republicans have done such a wonderful job in the past. =sigh=
School Voucher = Funding for your local religious school.
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