Not a good start for employment in 2011

From the APP:

NJ unemployment 9.1%; state lost 13,000 jobs in January

New Jersey lost 17,000 jobs in 2010 and another 13,000 jobs in January, the state reported today, in a sign that the economic recovery didn’t generate enough momentum to convince employers to begin hiring.

The state’s unemployment rate was 9.1 percent in January, slightly higher than the national rate of 9 percent, the report said.

The jobs report released by the state Department of Labor and Workforce Development, is made up of two surveys — one of New Jersey employers to calculate the number of jobs and one of New Jersey residents to calculate the unemployment rate.

The report today is notable because it offers a more complete account for 2010.

The revision showed the economy performed better in 2010 than the 30,700 jobs that the state initially was thought to have lost. But it did little to change the conclusion that employers last year continued to grapple with the fallout of the recession.

The report showed the economy continued to undergo a transition. The private sector added 5,200 jobs in 2010 after losing 117,700 jobs in 2009. The public sector lost 22,200 jobs in 2010 after adding 4,200 jobs in 2010.

From the Star Ledger:

N.J. loses 13,000 jobs at start of year; unemployment rate stays at 9.1 percent

New Jersey lost 13,000 jobs in January in both the private and public sectors, according to data released by the state Department of Labor today.

The state shed 7,100 private sector jobs and 5,900 public sector jobs, while the unemployment rate was unchanged at 9.1 percent.

The private sector job losses were led by professional and business services, which lost 4,000 jobs. In the public sector, the state shed 3,800 jobs, while local governments shed 2,600. Federal jobs ticked up slightly by 500.

The state also revised its jobs figures for 2010, showing an overall loss of 17,000 jobs fueled by cuts in the public sector. The state gained 5,200 private sector jobs during 2010, but shed 22,200 public sector jobs. That’s slightly better than the department’s preliminary report on 2010 jobs, which overestimated public sector losses and said the private sector had lost jobs.

From New Jersey Newsroom:

N.J. employment gains in 2010 wiped out by January losses

The results of a review of New Jersey employment situation for the past 11 months reveal that New Jersey’s economic situation remains dark.

The state Department of Labor maintains New Jersey gained 5,200 private sector jobs but lost 22,200 government jobs in 2010, compared to a loss of 117,700 private sector jobs and a gain of 4,200 government jobs in 2009.

But for last January, the most recent month for which statistics are available, preliminary estimates show 13,000 jobs were lost, wiping out the 2010 gain. At least 7,100 private sector jobs and 5,900 government jobs were lost during the month. The preliminary unemployment rate remained unchanged in January at 9.1 percent, just above the U.S. rate of 9.0 percent. Currently, 407,700 New Jersey adults are unemployed.

This entry was posted in Economics, Employment, New Jersey Real Estate. Bookmark the permalink.

251 Responses to Not a good start for employment in 2011

  1. morpheus says:

    First. . .bitches!

  2. JJ says:

    Anyone going to tiki’s gym in nj?

    was another day in the gym for Barber, who yesterday morning arrived at Carini’s House of Iron in Pine Brook, N.J., accompanied by his girlfriend, Traci Johnson, and two small dogs. –

    Read more: http://www.nypost.com/p/sports/more_sports/tiki_mulls_pitt_stop_OAOqUObX0EIQMFKMM170YM#ixzz1GEkxTKrc

  3. Painhrtz says:

    Fu from Detroit metro airport morpheus

  4. Did grim start this thread because Gary made an anthrax threat in the last one?

  5. grim says:

    Anthrax? I thought he was making a Charlie Sheen joke and sending a letter full of coke.

  6. Barbara says:

    Also, forgot to mention, our agent came clean and said that nothing is moving, everyone is looking, no one is impressed with the properties or the prices. She complained about a lot of other stuff too that made it abundantly clear that she came online in 04 or so and only knows bubble psychology.

  7. Babs, why the pointless house-hunting? Pretty soon, NB won’t be any more violent or drug-infested than any other town.

    Your kids will toughen up faster if you stay, too.

  8. Also, I kinda like to think that you’re Uma Thurman in Kill Bill. No two bit NB thug is gonna mess with you, right?

  9. scribe says:

    I’m watching the news and wondering …why does anyone live in Wayne?

  10. Essex says:

    9. seriously? NJ is a stepping stone. To stay as long as we have is as much a statement as to the lethargy in the US economy as anything else.

  11. Painhrtz says:

    Scribe moderately ok schools the chance to get a big day check every three or four years. Still stick in Detroit how bad is the weather back home?

  12. Painhrtz says:

    Stuck stupid blackberry

  13. Juice Box says:

    Wayne Floods by Rt. 23 usually west of there and south by that crappy mall. I knew guy who lived in the flood zone back in 1999 when Floyd hit, they had water up to the second floor, and had to be rescued.

  14. Thundaar says:

    30 year- “Auctions of a single parcel of residential real estate are unlikely to bring market value IMHO. Unlike a auction of many parcels by a financial institution where there are many people and a carnival like atmosphere, a single property does not bring a huge turnout. More likely to get a better price with a properly priced listing in MLS. People attending an auction have a bargain mindset.”

    Full disclosure -I auction real estate.
    For a single residential home that is easy to comp. and under $1,000,000-$1,500,000 I couldn’t agree more. Auction would be a waste of time and the seller would get killed.
    A house like the one in Harding- IMHO an auction is a great way to market it as long as the seller understands they ain’t getting $23 million!! Those days are gone and never coming back.

  15. Mikeintime says:

    AIG (AIG) offers the NY Fed $15.7B for Maiden Lane II – a company the Fed created to rescue some of AIG’s mortgage-backed bonds and stem its cash bleed. If accepted, the deal would reduce the taxpayer price-tag for AIG’s rescue to $72B, and the Fed would log a $1.5B profit on Maiden Lane II

    I remember some comments on Maiden Lane.

  16. sas3 says:

    Jack Cafferty on CNN calls Social Security a “welfare program!”

    It’s getting interesting. Obama cut 2% from FICA taxes, and his cat-food commission wants lower benefits. It does not look very different from partially privatizing social security.

  17. Barbara says:

    Debt,
    But I’m a mama bear, gotta get my children away from the bad people. Admittedly, parts of my tried and true mls searches are looking more and more like P*ssy Wagon territory. Going from the 98 Olds/Honda Civics -On- Blocks Town to PW territory IS a lateral move and I’m not happy about that.

  18. Painhrtz says:

    Sas3 SS is a welfare program albeit one we all pay into even a socialist like you could admit that no weathe updates? Looks like we are leaving Detroit in an hour can’t wait to comme home even if I need a boat to get back to Morris county

  19. Mikeintime says:

    Pain it is raining and will continue through tomorrow from what I know.

  20. sas3 says:

    Pain, I find the pattern of “handout” and “welfare” from the “liberal left media” interesting — it seems to be the next battle to shape public opinion calling SS recipients as “parasites that are looting the tax payer”.

    I would like to see how the old teabaggers react when it hits them on their face.

  21. Mikeintime says:

    Ok pain checked weather 100% tonight into morn then off & on tomorrow .

  22. Painhrtz says:

    Thanks mike looks like last year more worried about windshear throwing us off the runway I’m in p1 so looks like I’m getting wet whenever I land

  23. Confused In NJ says:

    MADISON, Wis. – With the labor movement suffering an epic defeat in Wisconsin and perhaps other states, union leaders plan to use the setback to fire up their members nationwide and mount a major counterattack against Republicans at the ballot box in 2012

    The ironic thing about this statement is they intended to do that anyway, just like they did against Christie in NJ.

  24. Essex says:

    23. I heard from one union guy who got laid off last year. Said man and i voted for Christie. At which point i laughed to myself. Most folks can’t connect the dots.

  25. Essex says:

    Really though both parties are turning ‘anti union’ if it suits them. Obama’s education czar isn’t exactly warming the hearts of teachers by wanting to base their comp plan on how well Johnny fills in the bubbles.

  26. Al Mossberg says:

    F-ckin Doom B_tchez! Day of Rage Weekend! Get ready to strap on your adult diapers and vomit in fear!

  27. Al Mossberg says:

    26.

    Essex,

    Time to wipe the cake off your mouth, pull up your pants, and be an American. The tit has gone dry.

    Now if you union tit suckers want to join forces and identify the real enemies then you will garner the support of most of America. Lets see if you public education retards can figure it out.

  28. Essex says:

    27. Man you really need to up your dose.

  29. Al Mossberg says:

    4,

    Gary,

    You can have my house. Im doing you a favor by not selling it to you. Put the anthrax away.

  30. Al Mossberg says:

    29.

    Dose of what? I prefer Entemanns chocolate fudge and a 2 hour lunch break. Get me my chocolate milk b_tch.

  31. gary says:

    Al [30],

    But I like Anthrax… turned up very loud… although never saw them in concert. I always like Megadeath a little better, though.

  32. Confused In NJ says:

    The Three Legged Stool; Pension, Social Security & Private Savings, was a balanced retirement bedrock for many years. Unfortunately in the Private Sector one leg Pension was eliminated, and in the Public Sector the Pension leg became too large and unaffordable. Both Sectors are no longer balanced. The Private Sector was basically left with a Two Legged Stool, Social Security & Private Savings. The Public Sector gained an out of balance Three Legged Stool where the Pensions are so large, Social Security & Private Savings are basically irrelevant.

  33. sastry (20)-

    Anyone counting on Social Security to get them through old age at this point is a stooge and a moron.

  34. confused (33)-

    We are essentially left with loose, bilious stool.

    Let’s revisit our prairie days, when life was short, cruel and violent.

  35. This is akin to the patient being transfused with his own rank, pustulent, diseased blood. The best part of the whole charade is the gubmint’s claim of “profits” at the end of this epic debacle of taxpayer-funded malinvestment.

    “When a bankrupt zombie company offers to purchase from the Fed the very instruments that put it in bankruptcy in the first place, and which the Fed was forced to put on US taxpayers in order to perpetuate the status quo farce, you know the words Banana Republic don’t even start to begin to express the describe the lunacy we live in.

    From Reuters:

    – Submits offer to buy all of rmbs owned by Maiden lane II for $15.7 billion in cash
    If accepted, this offer will substantially reduce the amount of outstanding government assistance to AIG
    – If accepted, offer will guarantee frbny earns a profit on its interest in Maiden lane II
    – Says total outstanding assistance from U.S. government will be reduced by about $13 billion to total of about $26 billion
    – Says conditions that necessitated Maiden Lane II have been resolved

    http://www.zerohedge.com/article/aig-goes-re-broke-offers-repurchase-toxic-subprime-portfolio-fed-157-billion

  36. Painhrtz says:

    Debt they closed Newark so now I’m stuck on the runway in Detroit can you go and tell the tards in Newark to let me back in the state

    SS security is fcked the idiot public union members think they are fighting some grand cause the public is too stupid to notice while it sit on the runway at the burnt out husk of former American industrial might

    Ain’t oblivion wonderful

  37. Al Mossberg says:

    37,

    Pain,

    Those f_cks are sitting in the luggage department inhaling twinkies while you airplane sits on the runway. Disgusting.

  38. Barbara says:

    nice f*cking house, but holy f*cking property taxes. I know its a big lot but still…small yards never looked so good.

    http://www.trulia.com/property/3009248601-221-Midland-Ave-Montclair-NJ-07042

    The casement windows are kind of ouchy.

  39. Al Mossberg says:

    Barbara,

    You have good taste in homes. Put those 4 walls and a roof on a 7 acre plot of land with good soil and you are in business. I’ll even sell you the goats to get started.

  40. Barbara says:

    Al
    do I have to slaughter the goats?

  41. pain (37)-

    I was at NWR three hours ago, picking up a friend. My umbrella snapped in half, and the top blew away. However, that was topped by what I had to go through to get a boarding pass to meet him at the gate (he’s wheelchair-bound by an injury), then get past the Cro-Magnon TSA goon.

    We should all fear a unionized TSA. Talk about an army of idiots.

    You’re lucky to be staying in Detroit.

  42. babs (39)-

    That place looks like a case study in deferred maintenance.

  43. No POMO tomorrow. Rut roh.

  44. Al Mossberg says:

    There’s a solution to the TSA goons,

    America F_ck Yeah!

    http://www.youtube.com/watch?v=8d0TOvo3CF8

  45. Comrade Nom Deplume says:

    Welcome to the State of Emergency. Formerly known as New Jersey.

    I was referring to the weather, but its good zeitgeist in any event.

  46. Barbara says:

    43. Debt, on the grounds alone….$$$

  47. Painhrtz says:

    On the ground looks like good practice for the apocalypse where the fck is Noah and his ark

  48. For decades now it has been policy to fight recessions and prevent the economy from contracting. By avoiding recessions and “solving” recessions with interventionist policies we never allow the economy to correct itself as we continue with the same policies that got us here. For many decades now policy has been to solve unemployment during recessions by hiring more government employees, by increasing regulation and fighting more wars. There comes a time when growing government with deficit spending is no longer the solution. The US Economy will continue to lose jobs until the US realizes that it has to provide a business friendly environment. The US economy is doomed unless we change policy and reduce the size and cost of Government while also making the US more business friendly by eliminating the big costly anti-business policies that encouraged companies to take their workforce elsewhere. Unless we do that we will continue to eliminate jobs while making more people dependent on the Government.

  49. Essex says:

    What “if” structurally this is the correction? he new normal will mean that a permanent underclass will now include salespeople/ex-realtors/pharma sales and any other formerly ‘hot’ job that simply isn’t coming back? Believe me when I say that those with marketable skills are still in demand. But for those who did something that anyone could do, the end is now.

  50. Essex says:

    BTW, I enjoy being the object of scorn by those who sit to the right of me. I really do. Why? Cause true to form these rabid conservatives are as looney as the tree huggers all the way to the left. I’ve about as much interest as hangin’ with either group.

  51. Confused In NJ says:

    50.Essex says:
    March 11, 2011 at 4:31 am
    What “if” structurally this is the correction? he new normal will mean that a permanent underclass will now include salespeople/ex-realtors/pharma sales and any other formerly ‘hot’ job that simply isn’t coming back? Believe me when I say that those with marketable skills are still in demand. But for those who did something that anyone could do, the end is now

    You may be right in Private Sector. I would also include Teachers, Police, Firemen, Sanitation, and Civil Servants as such in the Public Sector. Roll the clock back to 1950 and start over again from there. All NYC cops will be Irish and paid $50 per week. The new structure must be placed in balance. Can’t afford the Military, bring the draft back. On the Public side create a new Peace Corp, internally focused, where people avoid military draft by serving in Teacher, Fire, Police & Sanitation roles, for similar years, and pay.

    .

  52. Essex says:

    52. As long as there are barriers to entry in a profession — degrees required, certificates, experience, you will see some hope for these areas in terms of wages. Anything else may easily become a commission only type of life. Great for those who can thrive in that environment. But it is not for everyone.

  53. grim says:

    So this is the “loss of services” that everyone has been yapping about? Good grief. We are a joke of a country.

    From the Record:

    Allendale considers abandoning rear-yard garbage pick-up with curbside collection

    ALLENDALE — Most of the residents who spoke at a council meeting Thursday night said they were willing to haul their trash to the curb for pick-up because of the savings it would provide the borough.

    The current three-year contract, which expires April 15, costs the borough $559,182.75 per year. The low bid on a five-year contract from current hauler Suburban Disposal would cost $518,000 for rear-yard pick up and $373,000 per year for curbside collection. The totals include residential pickup, tipping fees and seasonal pick-up at Crestwood Lake.

    “The numbers are really astonishing,” said Councilwoman Liz White. “We were really surprised at what they came in at, and quite pleased.”

    Bill Scharff said he already picks up trash in his neighborhood and is concerned curbside pick-up would contribute to the litter.

    “We all want to save money,” he said. “I just don’t want the town … to be a dump.”

  54. serenity now says:

    Riots in the Middle East, Floods in NJ, Earthquake in Japan…..
    Clot was right, OBLIVION is upon us.

  55. It’s the end of days, folks. Smoke ’em if you got ’em.

  56. Essex says:

    Hands me the ticket smiles and whispers good luck
    Cuddle up angel cuddle up my little dove
    Well ride down baby into this tunnel of love

  57. Confused In NJ says:

    ‘Zombie ants’ may sound like the title of an Ed Wood movie, but, according to National Geographic, they are quite real.

    Oddly, there’s nothing very zombie-like about the actual ants. It’s only when a particular fungus takes over the ant’s brain that things get weird.

    Once the “stalk of the newfound fungus species Ophiocordyceps camponoti-balzani infects an ant, the ant gives up control over its own body. After the fungus is in control, it forces the ant to scamper toward “a location ideal for the fungi to grow and spread their spores.” Then, it’s lights out for the ant. Who knew a fungus could be so diabolical?

    These wild discoveries were made by a group in Brazil headed by entomologist David Hughes

    Evidently the same fungus has been operating in Washington DC.

  58. Anybody know when the meteor strike is happening?

  59. Essex says:

    Essentially most American’s are straight out of an Updike novel. Having plenty of earthly ‘bread’ but no spiritual sustenance whatever. Appetites for life, sex, food and booze- all of which were satisfied readily and copiously, but the spiritual hunger looms large and is both unsatisfied and unacknowledged in most people. With the money gone now most are left with nothing. The meteor is landing household by household.

  60. gary says:

    Four cups of coffee and some of this should get your day started –>

    http://www.youtube.com/watch?v=aU1wLryjuEw

  61. Lone Ranger says:

    Essex [57],

    it ought to be easy ought to be simple enough
    Man meets woman and they fall in love
    But the house is haunted and the ride gets rough
    And you’ve got to learn to live with what you can’t rise above if you want to ride on down in through this tunnel of love

  62. Lone Ranger says:

    Hey, Frank, won’t you pack your bags
    And meet me tonight down at Liberty Hall
    Just one kiss from you, my brother
    And we’ll ride until we fall
    Well sleep in the fields
    We’ll sleep by the rivers
    And in the morning we’ll make a plan
    Well if you can’t make it stay hard, stay hungry, stay alive if you can
    And meet me in a dream of this hard land

  63. Lone Ranger says:

    Spread trade; sell nikkei/buy yen.

  64. Juice Box says:

    3 legged stool? Most Government workers do not pay social security taxes
    Out of their paychecks.

  65. sas3 says:

    Juice, first, what you say applies only to federal employees. That too only those that were hired before 1984. All state and local employees have been and are already paying.

    When the federal government created Social Security, all federal employees, including the President and members of Congress, were exempt from having to pay the Social Security tax, and they received no Social Security benefits. This law was changed by the Social Security Amendments of 1983, which brought within the Social Security system all members of Congress, the President and the Vice President, federal judges, and certain executive-level political appointees, as well as all federal employees hired in any capacity on or after January 1, 1984.

  66. jamil says:

    51 Essex

    you are right. Those pesky conservatives are outrageously claiming falsehoods like we can’t keep shoveling trillions to gov cronies and we should reduce spending instead. Can you imagine that! Every smart liberal, like you, knows that money can be printed easily and we can indeed hand out trillions after trillions to preferred groups and keep doing this forever!

  67. tbiggs says:

    #54 grim –

    A friend had a full-season rental at Spring Lake a while back. They let us use the house for the week. I asked what day to put the trash out. “Oh no need for that.” I said it was easy enough, I’d do it; they repeated that I shouldn’t. On trash day I saw why. The garbage truck would stop and two guys would trot up each driveway, pick up the cans, take them to the truck and dump, then return them to the house. Repeat for each house all the way down the street.

    Seemed pretty decadent to me.

  68. Pretty soon we will be living in piles of garbage, just like the rest of the Third World.

  69. yo'me says:

    Jack Cafferty on CNN calls Social Security a “welfare program!”

    The millionaires that buy treasury bonds are they in the welfare program?That is what the millionaires seems to imply.SS has been running a surplus and can pay its obligation until 2030.The 1.5 trillion dollar surplus that was bought into bonds is earning interest just like the treasury bonds that the millionaires is holding.Do the millionaires that want to cut SS agree to cut earnings on their Treasury holdings?

    Let the Fed file bankruptcy and let everybody get wiped out. I am starting to believe,that is what should have been done in 2008.Called by most here.The millionaires got bailed out now they are calling us a welfare program

  70. JJ says:

    Funny talking to a guy older than me, hard to believe. Maybe in his 70’s. Was pissed as all heck about Patricks Pub and Scoobee Diner going out of business. Heck Patricks Pub across the street had the 1969 Jets and Mets going their after games. Then guy told me he recalls as a teenager going to Oceanside Long Island from Brooklyn, up belt parkway onto sunrise and made a right on Long Beach Road. Said Nathans used to have Rock Bands play in the 1950’s, had service to your car and served beer. Said at 18 you could drink, two buddies grabed two girls drove out there parked the car and you could listen to bands for free as long as you were ordering someting, Said 3,000 people a night would be in parking lot. Kids got out of car and danced right in parking lot beside car. That is second oldest Nathans in the world. Brooklyn had only Nathans and the second nathans followed out to suburbs. In fact nearby Lynbrook Long Island home of Ray Romano is Brooklyn backwards, Lynbrook. Anyhow old guy was shocked to death that the Nathans in Oceaniside is still there, said he is gettting his grandkids out there ASAP before they tear it down like every other great memory.

    chicagofinance says:
    March 10, 2011 at 9:33 pm
    The end is nigh (JJ edition):
    http://news.yahoo.com/s/yblog_localnyc/old-time-diners-fade-away

  71. Social Security is not a welfare program. It is a Ponzi scheme.

  72. And, anyone around my age (51) will be amongst the first to be procto-reamed by SS’ inevitable collapse.

  73. wtf says:

    Sorry, but calling SS a Ponzi scheme is a stupid statement. It’s like calling car insurance a ponzi scheme. Consider yourself lucky if you never need it.

  74. Confused In NJ says:

    89. The next meteor shower is the Lyrids on the night of April 21

  75. Confused In NJ says:

    89. On March 19, the moon will swing around Earth more closely than it has in the past 18 years, lighting up the night sky from just 221,567 miles (356,577 kilometers) away. On top of that, it will be full. And one astrologer believes it could inflict massive damage on the planet

  76. Libtard says:

    I saw a great comment on an article claiming that the resulting tsunami from the Japanese quake would hit California with a 6-foot wave….

    This could be doubly bad for California where most property is already underwater !

  77. yo'me says:

    There is not much difference from the great depression and the great recession.Only difference is the “Rich” are doing alright and they are calling for the doom of the middleclass after they got bailed out with trillion of dollars we do not have. What picture does it paint today if the taxpayer did not bail them out? Everybody will be starting from the bottom.A better scene.

  78. grim says:

    Hawaii reporting that the mainland news stations are wildly exaggerating.

  79. Confused In NJ says:

    77.Libtard says:
    March 11, 2011 at 9:14 am
    I saw a great comment on an article claiming that the resulting tsunami from the Japanese quake would hit California with a 6-foot wave….

    This could be doubly bad for California where most property is already underwater !

    The news from Japan keeps getting worse with millions without power, cellular & land communications down, no train service, etc.

  80. Confused In NJ says:

    But Ben is pouring more trillions into the stock market to prop up the futures.

  81. chicagofinance says:

    gary: for this blog…….
    http://www.youtube.com/watch?v=9P7Zd-x2QXw

    gary says:
    March 11, 2011 at 7:54 am
    Four cups of coffee and some of this should get your day started –>
    http://www.youtube.com/watch?v=aU1wLryjuEw

  82. jamil says:

    77, letarded “I saw a great comment on an article claiming that the resulting tsunami from the Japanese quake would hit California with a 6-foot wave”

    It is probably closer to 7-inch wave, but nice excuse for Obambi to bail out California.

  83. Lone Ranger says:

    “Sorry, but calling SS a Ponzi scheme is a stupid statement. It’s like calling car insurance a ponzi scheme.”

    Car insurance will pay in the event of an accident/theft. It will also protect me against the deadbeats; uninsured motorists. SS is worse than a ponzi scheme. It’s fraud.

  84. chicagofinance says:

    JJ: these your kids?

    Dopey ‘thieves’
    ‘Rob’ pot seller who tells cops
    By KIERAN CROWLEY

    Call it reefer badness.

    Three dopey college jocks from exclusive Gold Coast Long Island communities have been busted for sticking up a drug dealer — who was dumb enough to flag down a cop to report the pot pilfering, authorities said.

    The freshmen trio — soccer-playing buddies who used to attend Great Neck North High School — went to a Roslyn Heights home at 11:30 p.m. Wednesday night to buy an ounce of pot from Kristopher Novinski, 21, said Nassau Detective Sgt. Michael Fitzmaurice.

    But when it came time to pay for the pot, the jocks allegedly pulled out their fists instead.

    HIGH CRIMES: Long Island pals Tal Grinbaum, Jacy Baron and Ori Matalon are accused of robbing a drug dealer, who then complained to police.
    Tal Grinbaum, of Great Neck, and Jacy Baron, of the wealthy Kings Point section, allegedly robbed Novinski of the weed and beat him up, while pal Ori Matalon, of Great Neck, waited in a Nissan Rogue getaway car.

    Baron had a knife and a pellet gun, sources said.

    “They punched him quite a few times. Is it the thrill — the rush of doing it? Or did they just not have the money?” asked Fitzmaurice. “We don’t know.”

    The enraged Novinski followed the teens in his car, spotted a passing cop — and blurted out that he was “robbed of his marijuana,” said Fitzmaurice.

    The painfully truthful Novinski was promptly charged with possession and attempted sale.

    But the jocks got theirs, too.

    All three were charged with robbery, conspiracy and weapons possession.

    Grinbaum was arrested before — for robbery and assault — stealing $4 from a schoolmate and burning him with a cigarette, a law-enforcement source said.

    Baron’s lawyer, Karen Johnston, said her client was a Nassau Community College student with no prior arrests.

    A source said the other two accused robbers attend Fairfield University.

  85. gary says:

    ChiFi,

    That video was my 2nd choice. :) Those guys bring angst to a totally new level!

  86. Libtard says:

    Jamil,

    Doesn’t it get tiresome reacting to every symbol action in the world as an evil plan by the Democrats to ruin the world?

  87. Libtard says:

    In other news, you know that strip mall I like to report on here in Union (with the Best Buy on Route 22 West). Well, Pathmark and the Pathmark liquor store has closed too. Now officially over half the mall is vacant. Fortunately, the Chinese food takeout that makes exactly what I request (like fish w/garlic sauce), and the nail salon are still intact. How’s Ruby Tuesday and Mandee’s doing? I’m thinking those two are next.

  88. Libtard says:

    Every single action (not symbol). Need more sleep. Dumb dog puked up some plastic at 4:30am this morning and I had to clean it up.

  89. jamil says:

    if you are watching CNN, looks like CA is getting wiped off in 20 minutes.

  90. wtf (74)-

    Last in, first screwed. What isn’t Ponzi about that?

    Also, retired beneficiaries are paid for by those currently working. Another classic Ponzi hallmark.

  91. A.West says:

    Libtard,
    Back when I lived in Scotch Plains I used to visit that Best Buy once in a while, on my way home from the Costco just east of there. The rest of that mall was always a dump.
    You ever eat at Cathay 22, next to Macy’s furniture (staffed by burnt out zombies) just a couple miles west of there? When we moved to NJ in 1998 it was the only good Sichuan food we could find, (literal translations of the good dishes: water cooked beef, husband-wife-heart-lung appetizer, 3-pepper chicken were the standouts). The chef later went to China Chalet in Florham Park and am not sure if Cathay 22 is still offering the authentic Chengdu style dishes any more.

  92. Essex says:

    Either way if the GOP decides to touch the third rail they can kiss whatever resurgence they feel they have buh bye.

  93. Essex says:

    NJ is a crap hole Doom. Your career died 5 years ago. You are apparently heavily armed. How are you still breathing?

  94. Juice Box says:

    Yikes. No electricity to pump coolant at the Japanese Reactor. You have the keep the fuel rods cooled continually or there cold be a meltdown chain reaction.

    Residents evacuated as attempts to cool nuclear reactor “not going as planned”

    Quoted” The emergency shutdown has been conducted. But the process of cooling down the reactor is not going as planned. As of 4.36pm, we received a report that the water cannot be pumped, and we are working on how to obtain enough electricity so that the water can all be sent …so we are using all the back-up systems that are available there.”

    http://edition.cnn.com/2011/WORLD/asiapcf/03/11/japan.nuclear/?hpt=T2

  95. Kettle1^2 says:

    Sas3 16

    legally SS is a welfare program. That was its original intent, to keep grandma from eating catfood, not to provide for ones retirement in any way

  96. sx (94)-

    Somehow, the thought of putting a high velocity round into you keeps me going.

  97. Libtard says:

    A. West,

    Never ate there but have heard great things about China Chalet. There’s another great Sichuan place in the Willowbrook Center in Wayne called Chengdu 23. Still looking for decent Mexican in NJ besides El Meson in Freehold.

  98. Mexican food in NJ blows. IMHO, no decent Mexican restaurants in the US east of Chicago.

  99. Kettle1^2 says:

    Confused 52

    We don’t need a draft, we just need to get past our imperialistic phase and worry about our own backyard. Get rid of most of our foreign bases and keep a handful of strategic ones. Stop being the global policeman and our military only needs to be a fraction of its current size.

  100. Nothing is as bad in NJ as all these shit Italian restaurants, though.

    Pink tablecloths, Miami Vice decor and polyester waiter tuxedoes will never die here.

  101. Essex says:

    99. Chilly Willy’s in Boonton, Tortilla Sunrise in Verona. Both pretty darn good.

  102. NJGator says:

    Concern Over Watchung Students Being Asked To Write Letters On Outsourcing Of Aides

    This week, Watchung Elementary School’s 4th grade students were asked to write letters to the Montclair Times expressing their feelings over the proposed outsourcing of teacher aides in the district.
    The move has angered some parents, who believe students shouldn’t be used to promote a cause.
    “I believe children should not be used as pawns for political gain,” said resident Joseph Fischer. “Teacher and principals allowing this to happen should be fired.”
    But Betsy Thomas, Watchung’s school secretary, said the project was a writing assignment and that children were not told what to say.
    “They were not told what to write but the issue of the aides was talked about because the students all know about it anyway and they all know [the outsourcing] may happen,” she said.
    Indeed, union members held a rally in support of the aides outside Watchung, as well as outside other schools, a week ago—one that was seen by students.
    One letter published in the Montclair Times was from a student named Kyle McLaughlin, who said he believed “that teacher assistants should not get cut from school budgets. One reason they should not be cut is because when kids are bad at a subject, teacher assistants take you into a group and help you.”
    He said that if aides are cut, children might get a worse education.
    Another student, Erin Buckley, wrote that the “teaching assistant inspired me to go to school and learn more and more everyday. This is why I think that you should not cut teaching assistants from schools.”
    The Board of Education is expected to approve a budget at a meeting on Monday night, one that could include the outsourcing of aides—a move designed to save $1.7 million a year.
    So far, it appears only children at Watchung participated in this writing exercise.
    “That is so incredibly wrong on so many levels,” said resident Mary Emanuelli. “Manipulating children, who really don’t understand and are being told to do something by a teacher? I have not heard anything of this at Bullock or Mt. Hebron schools.”
    Dr. Barbara Weller, principal at Charles H. Bullock Elementary School, said this has “absolutely not” happened at Bullock.
    “We do not discuss adult matters with children, certainly not something this voltaile and iffy,” she said.
    A Watchung parent said her child was indeed asked to write a letter but added that students were encouraged to share their own opinion.
    “My son wrote that he liked the aides, but thought we should also save money,” she said, noting that dissenting views weren’t printed in the Montclair Times.

    http://montclair.patch.com/articles/concern-over-watchung-students-being-asked-to-write-letters-on-outsourcing-of-aides

  103. gary says:

    Essex,

    Just curious… did you grow up in NJ or another state? Where are you from originally?

  104. Essex says:

    97. I will give you a call in about 5 minutes and we can talk about it.

  105. Gator (103)-

    ‘Nuf said.

    “My son wrote that he liked the aides, but thought we should also save money,” she said, noting that dissenting views weren’t printed in the Montclair Times.

  106. A.West says:

    There are some decent Mexican restaurants in downtown Bound Brook as long as you don’t mind being served actual Mexican food by actual Mexicans.

  107. NJGator says:

    Barbara 39 – You have to stop looking in the fancy pants area of Montclair. IThere are, or maybe I should say were, plenty of $1M+ homes in that hood. If you are really interested in going down with our ship, at least let Stu and I show you around the more reasonably priced areas where personal safety is not so much of an issue.

  108. NJGator says:

    Debt 106 – I personally am against the outsourcing of the aides, and was hoping that the MEA could cut a deal with the BOE to save the jobs of about 20% of their membership….that’s of course, the 20% lowest paid members of the MEA, but I find this excercise shameful and disgusting. I already wrote a letter to the Superintendent to complain.

  109. House Whine says:

    103- That’s a shameful exercise for the teachers to involve their students in. But remember awhile back when Christie went to the Trenton area and he spoke before a group of high-schoolers from the area? He was accused of using them as “pawns” or something to that effect to promote his anti-teacher agenda. So, it looks to me like both sides have their hand in this kind of shenanigans.

  110. Kettle1^2 says:

    Juice 95

    Who was the idiot who didnt sight a large diesel genset on site capable of running the cooling pumps for days / weeks? Diesel can be stored for years and the system would be dirt cheap compared to standard nuclear systems.

  111. Dawgs47 says:

    #98 – Try Charrito’s in West New York. Not the one on BLVD East, unless you want the view. go to 48th and Bergenline. It is really good.

    Or 63rd and Bergenline for great cuban food.

  112. Libtard says:

    Wow…The storm last night dumped 3.32″. That’s pretty crazy.

  113. Libtard says:

    Dawgs…Will try it sometime.

    All I need is real carne asada, fresh pico de gallo, and fish tacos made from tangy marinated fish rather than a fish stick placed in a previously frozen tortilla with some lime juice drizzled on it.

  114. Essex says:

    *nice chattin’ Doom*

  115. chicagofinance says:

    Lib: this place is very generic, but it has a great vibe…..
    http://www.shakaeats.com/

    114.Libtard says:
    March 11, 2011 at 10:48 am
    Dawgs…Will try it sometime.
    All I need is real carn asada, fresh pico de gallo, and fish tacos made from tangy marinated fish rather than a fish stick placed in a previously frozen tortilla with some lime juice drizzled on it.

  116. Thanks a million and please keep up the rewarding work.

  117. Essex says:

    104. Born in central illinois — teens in KY — twenties in FL

  118. Confused In NJ says:

    Interesting how a draft dodger like Bill Clinton is so vocal about declaring war on Libya. Easy to declare war when your skin isn’t in the game. I say if he wants it, let him go over and shoot their planes down himself at his own expense. Gurantee, he’ll change his position, if he has to walk the talk. I wonder if the news reporter in Egypt, who was gang raped by the rebels, is still symphathetic to their cause?

  119. chicagofinance says:

    Hopefully cremated ASAP…….

    118.Essex says:
    March 11, 2011 at 11:18 am
    104. Born in central illinois — teens in KY — twenties in FL

  120. NJGator says:

    House Whine 110 – This is not a lib/conservative issue for me. I definitely skew left of center for posters on this blog. To me it’s unconscionable for a public school district to use children in this way.

  121. Libtard says:

    Same for me Gates. It’s like when those pro-life protestors have their toddlers hold up signs containing pictures of zygotes.

  122. Libtard says:

    2 things that seem to bother me about Shaka Chifi. It’s spelled shave ice, not shaved ice. Second, it reminds me too much of Maui Tacos which is a pretty popular chain of mediocre mexican food. Although, their salsa are actually uniquely tasty.

  123. NJSerf says:

    A.West says:
    March 11, 2011 at 10:24 am

    There are some decent Mexican restaurants in downtown Bound Brook as long as you don’t mind being served actual Mexican food by actual Mexicans.

    (107) West – What’s the name of the place?

    Also anyone in the Bridgewater area know of decent Chinese take out…? The couple of places wife and I have tried have completely sucked.

  124. JJ says:

    Going for a nice lobster lunch today then to Nets game tonight. This earthquake stuff is bumming me out. I hope maybe kim and snookie at least give me a bj while I am down on celeb row courtside tonight.

  125. gator (121)-

    I think the Catholic church has cornered the market on using kids.

  126. Lone Ranger says:

    “Going for a nice lobster lunch today then to Nets game tonight.”

    I going for a corned beef sandwhich and then to MSG for the Big East; sitting in a JPM box. I will thank them for the tarp ticket and cocktails.

  127. Lone Ranger says:

    Oops, damn mod.

    “Going for a nice lobster lunch today then to Nets game tonight.”

    I going for a corned beef sandwhich and then to MSG for the Big East; sitting in a JPM box. I will thank them for the tarp ticket and c#cktails.

  128. West (107)-

    I’ve tried a lot of those storefront bodega places in BB. A couple are pretty good (the ones that do their own baking), but the food is much more Central American than Mexican.

  129. 30 year realtor says:

    I usually try to stay clear of the non-real estate stuff here, but I have 2 partially sighted/low vision children who are being stripped of services and teachers from the Commission for the Blind because of cuts. Hard for me to believe that cutting these services is the most effective way to close the budget gap. I believe a third of all teachers from the CFTB will be fired, about 20 from a total of 60.

  130. ranger (127)-

    Maybe you can start a Potvin cheer and replace “Potvin” with “Dimon”.

    Also, please hand the referees those envelopes I gave you.

  131. gary says:

    Ranger,

    I wanna go, too! I wanna go, too!

  132. Lone Ranger says:

    Debt [131],

    I may be carrying a sign, any requirements to deliver silver?

  133. NJGator says:

    30 Year 129 – One of the money saving recommendations made to our BOE by the MEA in order to preserve their raises for this year was to put a cap on the district’s spending per special needs child. Nice, huh?

  134. Lone Ranger says:

    Gary [132],

    Paterson Plank Joe and Csonk are not suiting up. However, Csonk may be there rooting for the Orange?

  135. Juice Box says:

    Going to see Pete Yorn at Terminal 5 tonight, I will prob have Sushi and a few bottle of wine first.

  136. gary says:

    Ranger,

    Tarkenton to Homer Jones! Yeah, baby! :)

  137. Essex says:

    Schools want to save money? Look into how many $100k plus’ers are at the HQ level. Think about it. If you are not with kids every day you should have a target on your head.

  138. Dawgs47 says:

    JJ – i will be at nets game to tonight. lets hope the weather is nice for the walk from train to arena

  139. an excellent blog if i ever read one

  140. Shore Guy says:

    NJ doesn’t need jobs, it has proximity to NY.

  141. Libtard says:

    Debt…That’s what I find at El Mexicano in Clifton. It’s the only Mexican I’ll eat within a half an hour drive of Montclair. Well, if I’m slumming it, I’ll go to that Jose Tejas chain, but that’s extremely rare. They do have great chips and salsa. Their entrees suck.

  142. Shore Guy says:

    “attempts to cool nuclear reactor “not going as planned”

    Chilling words to anyone who has read the Rasmussen Report and studied NE. A LOCA (loss of coolant accident), which can happen even with coolant in the pipes if it is not kept moving (as an insulating steam blanket can develop), is a MAJOR problem.

  143. Shore Guy says:

    Of all the countries to be facing a potential for a peaceful atomic accident…..

  144. Shore Guy says:

    I have not read but I assume the JApanese reactor is a pressurized water reactor and not a breeder .

  145. Shore Guy says:

    “why does anyone live in Wayne?”

    As Rick Blain might say, “They move there for the waters.”

  146. Shore Guy says:

    “cellular & land communications down, no train service, etc.”

    Kinda like the North Jersey Coast Line

  147. Libtard says:

    I plan to spend my Friday post work free time on a Captain Cheapo shopping spree at Lowes. They are running this 10% extra deal on their gift cards where on 3/18, they give you back 10% of what the card cost right back onto the card for future purchases. I also have a 10% moving coupon (oldest trick in the book), and they are running a bath project deal where you get $100 off a $750 purchase of bath goods. Getting a pedestal sink for the PR, two kohler bowls, two faucet sets, a bath faucet set and a fan/light. Should work out to about $650 when I’m done with this madness. Worst case scenario, they won’t let me combine the moving coupon with the other two offers, but I’ll certainly try.

  148. Shore Guy says:

    “Getting a pedestal sink for the PR,”

    Huh? Sounds like something John would say, so I know it can’t mean what I think it does.

  149. Confused In NJ says:

    Interesting that the Jakarta Indonesia Volcano just erupted, in the same ring of fire, that the Japanese eartquake occured.

  150. Libtard says:

    And a volcano crater collapsed recently in Hawaii. Perhaps the Mayans were right?

  151. Shore Guy says:

    •First waves hit Crescent City, Calif., Port Orford, Ore., at 10:30 a.m. ET Friday
    •Boats torn loose in Santa Cruz, Calif.
    •Initial reports from Hawaii indicate no serious damage
    •Evacuations ordered in low-lying West Coast areas
    •Port of Los Angeles temporarily suspends cargo operations

    CRESCENT CITY, Calif. — Tsunami waves generated by a massive 8.9-magnitude earthquake in Japan swamped Hawaiian beaches and brushed the U.S. western coast Friday but didn’t cause major damage.

    Kauai was the first of the Hawaiian islands struck by the tsunami. Water at least 11 feet high rushed ashore near Kealakekua Bay, on the west side of the Big Island, and reached the lobby of a hotel. Flooding was reported on Maui, and water washed up on roadways on the Big Island.

    Scientists and officials warned that the first tsunami waves are not always the strongest and said residents along the coast should watch for strong currents and heed calls for evacuation.

    Sirens sounded for hours before dawn up and down the West Coast, and in Hawaii, roadways and beaches were empty as the tsunami struck.

    Hours later, the waves surged along the Oregon and California coast.

    snip

    http://www.msnbc.msn.com/id/42024659/ns/world_news-asiapacific/

  152. Shore Guy says:

    other excerpts:

    A 4.6-magnitude earthquake also hit Hawaii at around 11 p.m. Thursday local time (4 a.m. ET Friday), the Pacific Tsunami Warning Center said.

    Coastal residents in low-lying areas of Santa Barbara County, Calif.; Grays Harbor County, Wash.; and the community of Seaside, Ore., were among those on the U.S. mainland being were told to move immediately inland to higher ground.

    *******

    ‘Don’t wait for a siren’
    In Alaska, the tsunami caused a wave just over 5 feet at Shemya in the Aleutian Islands 1,200 miles southwest of Anchorage.

    “Everyone in that area knows, when you feel it, move — don’t wait for a siren,” said John Madden, director of the Alaska Division of Homeland Security and Emergency Management. The largest affected town is Unalaska, population about 4,000.

    ********

    Waves almost 5 feet high hit Midway, a tiny island in the North Pacific about 1,300 miles northwest of Honolulu.

  153. nj escapee says:

    Shore, are we gonna be safe in the keys?

  154. Shore Guy says:

    http://finance.fortune.cnn.com/2011/03/11/the-partys-over-folks/

    The party’s over, folks
    March 11, 2011 10:59 am

    The U.S. consumer is under attack and the bullish case for equities is becoming less and less defensible.

    By Howard Penney, Hedgeye

  155. Shore Guy says:

    If a Tsunami works its way from Japan, around Cape Horn, then up to you guys, the world has bigger fish to fry than the loss of the Keys.

  156. Shore Guy says:

    John,

    Are you reporting for CNN now?

    remove * to activate link:

    http://www.cnn.com/2011/HEALTH/03/09/pen*is.spines.genes/

  157. chicagofinance says:

    Lib: If you are familiar with Turning Point, it is the same guys. Objectively, the food is excellent, I just don’t know whether it would have enough zing for you.

    123.Libtard says:
    March 11, 2011 at 11:26 am
    2 things that seem to bother me about Shaka Chifi. It’s spelled shave ice, not shaved ice. Second, it reminds me too much of Maui Tacos which is a pretty popular chain of mediocre mexican food. Although, their salsa are actually uniquely tasty.

  158. NJGator says:

    Hey GR watchers – 74 Stonehouse is back on the market. Was originally asking $529k when we looked at it last year, had one price drop down to $499k before expiring and being pulled. Back now at $399,900. It’s small for sure, and has a few other issues, but we looked at that place and similarly sized homes that were less updated went for a heck of a lot more last year.

  159. Lone Ranger says:

    “As Rick Blain might say, “They move there for the waters.””

    Well I love that dirty water
    Oh, Boston you’re my home

  160. NJGator says:

    chifi – Been to the Turning Point. Is this one all done up in wainscoting too?

  161. Mikeinwaiting says:

    People don’t even bring their garbage to the curb to get picked up, you gotta be kidding me. Debt you may be right we are F**ked.
    Just across the wires another earthquake in Japan like 6.9 .

  162. Mikeinwaiting says:

    The world is ending go in peace, my new close for a RC mass.
    The movie “2012” on stars might as well watch & get ahead of news. Eerily the scenes looked similar to TV footage this morn.

  163. Mikeinwaiting says:

    Wow the PPT is out in force, this market should be dropping like a rock.

  164. We are, most assuredly, fcuked.

  165. Mikeinwaiting says:

    Debt heading north anytime soon?

  166. So what’s in a little radiation leak?

    Besides, it’s Japanese we’re talking about here.

  167. Libtard says:

    “So what’s in a little radiation leak?

    Besides, it’s Japanese we’re talking about here.”

    Yeah…they should be used to it. Right?

    What have I just said?

  168. mike (166)-

    Hard to tell right now. The wine guys I’m helping have hit terminal velocity (and, hey: it only took them a few weeks in business to do it!), so I’m trying to do what I can to make the end orderly and get their wineries paid, as well as getting cracking on pursuing a new gig.

  169. lib (168)-

    I hear they’re immune to radiation. :)

  170. Libtard says:

    Turning Point had a pretty good brunch ChiFi when I went there about 3 or 4 years ago. But perhaps it was not quite worth the lofty price for it. Either way, probably worth a try if I’m down in the area. How much could they charge for a taco?

  171. Juice Box says:

    United States Air Force planes based in Japan delivered emergency coolant to the plant, Secretary of State Hillary Rodham Clinton said.

    More here on what they are doing to cool it down.

    http://www.nytimes.com/2011/03/12/world/asia/12nuclear.html?_r=2&hp

  172. Libtard says:

    Can’t they just run an extension cord from China to power the pumps at the plant?

  173. Juice Box says:

    re: # 173 – Only 150 miles north of Tokyo, they are going to vent “steam” from the reactor because pressure has risen to 1.5 times the designed capacity. I would think the number 1 priority in all of Japan is to get some diesel generators running there ASAP since the earthquake seems to have knocked out the on-site generators.
    Our AirForce is pretty good with mobile diesel generators hopefully they have a few in the region.

  174. Libtard says:

    Forget Homer Simpson…Mr. Sparkle must live a little closer.

    http://www.simpsoncrazy.com/content/wallpapers/episodes/MrSparkle_1280.jpg

  175. Barbara says:

    108. gator,
    I know its a ritzier area, but I was reacting to the prop taxes. Those numbers when I first started looking in Montclair were reserved for the Mountain Ave mansions. That house is a beauty, but it ain’t no mansion. Sticker shock. I guess the Mountain Ave millionaires are paying 80k a year.

  176. lib (176)-

    Wish I had a translation on what he’s saying.

    Perhaps it is something like, “my p3nis is on fire”.

  177. Mikeinwaiting says:

    Debt 169 yes, I read your post from that last night, too bad. I have reinvented myself many times & am in the process of doing it again. Good luck!
    “And it gets harder as you get older, Farther away as you get closer. …”
    CSN
    We have definitely “Seen the Changes”.

  178. Barbara says:

    You don’t want “authentic Mexican food.” Trust me. I live in little Mexico (New Brunswick). Do you like mystery meat served up “mexican style” ie, on a card table in 95 degree heat? When Americans say they love Mexican food, they mean they love spicy food and crispy things made from corn or flour served in the burbs by people that look familiar.

  179. If I cannot reinvent myself, I will settle for destroying everything around me. :)

  180. Feh. Seems like all they cook in Mexico anymore are severed heads.

  181. Libtard says:

    Barb…I know Mexican. I went down to Baja nearly every two months when I lived in Los Angeles. Friends had a great place between Rosarita and Ensenada. No electricity or phones. It was truly utopia. This was when I first had aspirations to retire young in Central America. Give me my chilaquiles, fish tacos, rellenos and juevos rancheros and I’m a happy man. The best juevos rancheros I ever had was in a diner type restaurant in Rosarita. I think it cost a dollar.

  182. chicagofinance says:

    Dude: after everything we’ve learned about food in the last 10 years, don’t you have a minimum bar for cheap? At some point you have assume that the huevos rancheros contain cardboard and melamine, no?

    183.Libtard says:
    March 11, 2011 at 2:34 pm
    The best juevos rancheros I ever had was in a diner type restaurant in Rosarita. I think it cost a dollar.

  183. Libtard says:

    Chifi…I occasionally splurge. Especially when one can get $10 back from open table, 10% towards my 529 from iDine, a Groupon and a credit card that gives me another 5% back. Occasionally, I’ll even dine somewhere without a coupon. It helps though if I’m not payin’! And when all this is said, I still usually tip the 20%.

  184. Al Mossberg says:

    Not sure why anyone would want to live in a radioactive seismic sh_thole like Japan especially with planet Nbiru on the way.

    Time to change my adult diapers.

  185. Anon E. Moose says:

    Debt [181];

    I will settle for destroying everything around me.

    Was that desire what led you into the used house sales trade?

  186. Anon E. Moose says:

    Con’t [187];

    trade == racket. Dam(n) keyboard…

  187. Al Mossberg says:

    BREAKING:

    #Japan #earthquake ruptured a patch of the earth’s crust that is 240km long and 80km wide, US Geological Survey says, from AP

    Looks like we found a place to dump the city of Montclair.

  188. Lone Ranger says:

    “Besides, it’s Japanese we’re talking about here.”

    Mrs Wantanabe does not appreciate this comment.

  189. Lone Ranger says:

    “Looks like we found a place to dump the city of Montclair.”

    AG,

    May be more appropriate to dump the fed’s balance sheet?

  190. Painhrtz says:

    Gozirraaaaa!!!

  191. Libtard says:

    Godzilla???

  192. Barbara says:

    Mothra!

  193. Lone Ranger says:

    Actually Mrs Wantanabe is pissed; her direct access trading platform and Level 2 quotes are kaput.

  194. NJGator says:

    Barb 177 – Problem is some idiots started spending over $1M+ to buy onto that block in 2005. Totally screwed them for the revaluation. Although if their assessment drops over 25% after next year’s new revaluation, they could likely see a nice reduction in those taxes.

    Buy at a discount this year due to the taxes, and you can set the new comps for land value and help your new neighbors. They will all love you.

  195. House Whine says:

    Re: Garbage being picked up by the garbage crew- Well, when I first moved to the NJ suburbs I was surprised that mail could be picked up right at the end of my driveway in my own mailbox. I know that sounds naive but I had never lived anywhere with that convenience. And I still marvel (actually, it kind of really annoys me) when I see children over the age of 7 or so being driven 2 houses down to wait for a school bus. God forbid they should walk and suffer a little in all kinds of weather. I am still more than surprised at this phenomenon. Some of my best childhood memories were huddling around with my neighborhood pals waiting By Ourselves for the bus. And in NYC, no less. It was nice to be left alone and have some fun before school. Oh, well I guess I am getting old.

  196. Painhrtz says:

    If anybody can handle a little radiation it is the Japanese

  197. Juice Box says:

    BBC Twitter Feed:
    20:06 GMT: Three to four new power supply cars have arrived at the Fukushima-Daiichi nuclear plant in north-eastern Japan to provide emergency electricity for the earthquake-damaged cooling system of one reactor, the World Nuclear Association has said. The power cars are being prepared for connection, the WNA said, citing the Japanese ministry of economy, trade and industry. Other power modules are being flown in.

  198. Barbara says:

    Nuke plants, fault lines, ring of fire? What could possibly go wrong? Give me an old fashioned refinery fire, please. I will patiently wait for Kettle’s detailed rebuttal.

  199. All "H-Train" Hype says:

    Look at this PPT pump job this afternoon. Give me a break. Let me guess….The destruction in Japan due to the earthquake is a plus for US companies. We will help them rebuild.

    And go Gamera!!!!
    http://upload.wikimedia.org/wikipedia/en/6/6c/Gamera1.jpg

  200. Essex says:

    197. It probably has more to do with fear that the kid be snatched off the street as they stand and wait for the bus. Times they have a changed.

  201. Kettle1^2 says:

    Apparently the japanese quake triggered a volcano in Kamchatka. Isnt this all a little early for 2012?

    Oh and there are 2 nuke plants in japan that have lost cooling.

  202. Kettle1^2 says:

    Check that last comment, apparently the quake coincided with 3 volcanic eruptions.

  203. Painhrtz says:

    Ket as an atheist with all the $hit going down I’m starting to wonder if I’m playing for the wrong team because it is getting downright biblical out there. Chain reaction, yellowstone pops off, ELE happens and the proccess starts all over.

  204. gary says:

    When Americans say they love Mexican food, they mean they love spicy food and crispy things made from corn or flour served in the burbs by people that look familiar.

    That just moved into the top ten all-time phrases on this blog. That phrase is so sharp, you can gut a fish. Classic!

  205. Painhrtz says:

    hey Babs I think us nuts are influencing you a little, your comments have been fcking hilarious the last two days, 180 made me smile

  206. gary says:

    それはGodzillaである!

  207. Juice Box says:

    Darwin’s law…

    US Coast Guard helicopters are searching for a man who was swept out to sea by powerful waves generated by the tsunami in Northern California, the Associated Press reports. Officials say the man was taking photos of the tsunami with two friends near the mouth of the Klamath river in Del Norte County. The two friends were able to get back to shore.

  208. gary says:

    Painhrtz, I agree! Barbara, you are killing me! In a good way, of course!

  209. Kettle1^2 says:

    Juice 209

    That’s what the 300mm lens is for! dope.

  210. Kettle1^2 says:

    Pain

    What up with yellow stone!!!! the super volcano rumbling? if that pops off we (on the east coast) would have front row seats to a heck of a light show!!!

  211. Kettle1^2 says:

    Pain

    EEBE, Ark. — Preliminary autopsies on 17 of the up to 5,000 blackbirds that fell on this town indicate they died of blunt trauma to their organs, the state’s top veterinarian told NBC News on Monday. Their stomachs were empty, which rules out poison, Dr. George Badley said, and they died in midair, not on impact with the ground.

    http://www.msnbc.msn.com/id/40885546/ns/us_news-environment/

    Dead Birds Fall From Sky In Sweden, Millions Of Dead Fish Found In Maryland, Brazil, New Zealand

    UPDATE: Hundreds and possibly thousands ofdead birds have reportedly fallen from the sky in Italy.

    UPDATE: Wildlife officials say that even more previously unreported dead birds were found in Kentucky last week.

    Millions of dead fish surfaced in Maryland’s Chesapeake Bay in the U.S., Tuesday, while similar unexplained mass fish deaths occurred across the world in Brazil and New Zealand. On Wednesday, 50 birds were found dead on a street in Sweden. The news come after recents reports ofmysterious massive bird and fish deaths days prior in Arkansas and Louisiana.

    The Baltimore Sun reports that an estimated 2 million fish were found dead in the Chesapeake Bay, mostly adult spot with some juvenile croakers in the mix, as well. Maryland Department of the Environment spokesperson Dawn Stoltzfus says “cold-water stress” is believed to be the culprit.

    ParanaOnline reports that 100 tons of sardines, croaker and catfish have washed up in Brazilian fishing towns since last Thursday. The cause of the deaths is unknown, with an imbalance in the environment, chemical pollution, or accidental release from a fishing boat all suggested by local officials.

    In New Zealand, hundreds of dead snapper fish washed up on Coromandel Peninsula beaches, many found with their eyes missing, The New Zealand Herald reports. A Department of Conservation official allegedly claims the fish were starving due to weather conditions.

  212. Barbara says:

    Gotta catch Jack Van Impe this week. He and Rexella are going to go at these events like two meth heads at double coupons Sudafed sale at the Piggly Wiggly.

  213. Shore Guy says:

    http://m.cnbc.com/us_news/41626661

    Questioning the 4-year undergraduate degree model.

  214. Shore Guy says:

    Power cars? What, are they hooking a couple Prius cars or maybe a Nissan Leaf into take local power supply?

  215. Juice Box says:

    shore – lost in translation. mobile power trailers

    Mitsubishi & GE make some pretty big portable ones.

  216. Shore Guy says:

    Lets see, there are six reactors in that complex, reactor number two can’t cool itself, a different one has a pressure build up and will need venting and one of he control rooms has become radioactive. All I can say is “Doh!”

    http://www.washingtonpost.com/wp-dyn/content/article/2011/03/11/AR2011031103673.html

  217. Confused In NJ says:

    12/21/2012!

  218. grim says:

    You folks are way too grim

  219. Comrade Nom Deplume says:

    [51] essex,

    wonder how my clients feel about paying retainers to someone as loony as me?

  220. Comrade Nom Deplume says:

    [220] grim

    We can’t be too grim. That’s your job, Grim.

  221. Barbara says:

    …..nuclear energy is the safest, cleanest, cheapest…..you just don’t understand, its complicated…..France has used nuke energy for 50 years without incident…….gets us of the oil dependency…..saves lives……shut up, you ignorant liberal, solar and wind will never happen………………………

  222. Essex says:

    221. My guess is that as long as you get the job done they figger it’s money well spent.

  223. Comrade Nom Deplume says:

    [52] essex

    “But for those who did something that anyone could do, the end is now”

    And for those who did anything that could be done by a machine or computer as well.

    I saw this coming nearly 20 years ago. That’s when I got off my duff and took the LSAT.

  224. Essex says:

    For you nature lovers out there:

    http://www.youtube.com/watch?v=4r7wHMg5Yjg

  225. Comrade Nom Deplume says:

    [224] essex

    “they figger it’s money well spent”

    That reminds me of something that happened to me just after I passed the bar. My boss in a NH law firm asked me to go to Mass. and handle a court appearance for his father (son was not admitted in Mass.) in an action for an injunction brought against him by a pro se client of his. It was formally my first case as a lawyer as I was not admitted in NH, and was working at this firm as a “legal assistant.”

    I went to court and successfully argued against the Plaintiff’s motion. I won it even though the courtroom observers said I wouldn’t. That did not end the controversy, but in talking to the plaintiff, I invoked a trick I recalled from an old “Barney Miller” episode: I told him that I guess we would be seeing a lot of each other over the next few years. He asked why, and I said “well, you are holding up a seven-figure house closing, and that harms my client. I’m hoping he will let me handle the civil action.”

    The guy left, went home, called my client and said “you win.” My guy called me up and asked “what did you say to him?”

    I gave my bill for services to the son, and he looked at it, grinned, and said “boy, you work cheap.”

    The father sent me a check for payment of my invoice. At the bottom, in the memo line, he wrote:

    “Money well spent”

    True story. Thanks for the trip down memory lane.

  226. NJ Toast says:

    213 Ket

    Dead Fish – any chance the dispersant used to break up the oil in the gulf could have caused this – no idea where the currents would take the water from the gulf.

    Dead birds – was told wind mills change the migratory habits of birds – possible cause?

  227. All Hype says:

    Not good news at the Japanese nuclear power plant:

    http://www.businessinsider.com/fukushima-nuclear-plant-2011-3

  228. Al Mossberg says:

    204.

    Kettle,

    Watch for fish kills. The NZ quake was preceded by dead pilot whales. This quake was preceded by millions of dead anchovies.

    Bike paths anyone?

  229. Al Mossberg says:

    With all these biblical end time events going on Im thinking God is pretty pissed off at the Kenyan usurper in the White House.

    I think I need to start attending church again so that I can properly counter the forces of communism and fascism.

  230. Feh. Cesium 137 is good for you.

  231. Kettle1^2 says:

    NJ Toast

    A few universities modeled the probable dispersion of the oil and dispersants/oil.

    http://www.youtube.com/watch?v=pE-1G_476nA

    Is it a factor in the fish kills? It’s very possible but good luck tying those together without massive research

  232. Pat says:

    Essex, Dude. You like abuse. NJ couldn’t dish it out w/o folks like you to take it. You make it fun.

  233. NJ Toast says:

    Comrade #225,

    Did you see this one about technology replacing attorneys to do legal research?

    http://www.nytimes.com/2011/03/05/science/05legal.html?ref=technology

  234. Neanderthal Economist says:

    “Did you see this one about technology replacing attorneys to do legal research?”
    nom. The legal profession is not going to be any more protected from technology and cheap labor than finance, education or real estate. legalzoom is just a small step in that direction.

  235. Pat says:

    I love the webdocs concept, too. Slap a header insert on it, use a simple 1,0 logic across question series, and badabing….

    I think doctors may eventually be added to your list, caveman.

  236. Another fun day coming for us this Monday. Assange’s stooge group (Anonymous) is releasing the BAC bomb.

    “After Julian Assange crashed and burned in his threat to release documents that expose fraud at Bank of America, many thought he had been only bluffing, and that BofA is actually clean. Not so fast. A member of the hacker collective Anonymous, which singlehandedly destroyed “hacker defense” firm HB Gary, who goes under the handle OperationLeakS “is claiming to be have emails and documents which prove “fraud” was committed by Bank of America employees, and the group says it’ll release them on Monday” reports Gawker. As to the contents of the possible disclosure: “He just told me he has GMAC emails showing BoA order to mix loan numbers to not match its documents to foreclose on Americans. Shame.” If indeed this makes the case against BofA’s foreclosure practices stronger, it certainly explains why the banking consortium is scrambling to arrange a settlement and also why Bank of America recently split off its $2 trillion in mortgages into “good bank” and “bad bank” entities.

    As a “teaser”, the Anonymous member released a November 1, 2010 email between two Balboa Insurance (a BAC subsidiary) employees, which while not proving any fraud, indicates he/she does indeed have access. The timeline on the email makes sense as it is a few weeks prior to the original disclosure that Wikileaks would expose BofA. Perhaps the Assange team merely handed off its materials to Anonymous, which has previously demonstrated its solidarity with the Australian on various occasions.

    http://www.zerohedge.com/article/hacker-collective-anonymous-release-documents-proving-bank-america-committed-fraud-monday

  237. Comrade Nom Deplume says:

    [237] toast

    Not a new issue. I know an attorney that started one of the indian research firms, and worked at Skadden when they were using the keyword search document review system.

    Still, there is some legal work that requires boots on the ground.

  238. Comrade Nom Deplume says:

    [237] toast

    Not a new issue. I know an attorney that started one of the indian research firms, and worked at Skadden when they were using the keyword search document review system.

    Still, there is some legal work that requires boots on the ground.

    [238] NE

    Legalzoom doesn’t actually take much work away from attorneys. First, it is used by people that may not use them in the first place, and, second, the attorneys are needed to actually make the boilerplate useful.

  239. Latest Reggie Middleton rant:

    “I believe, and am rather confident in this belief, that we will be FORCED to finish what was started in 2008 – and that is the (re)commencement of the down leg of a major asset cycle. We had several concurrent booms (real estate – both residential and commercial, credit, fixed income, and equity) and an incomplete bust that failed to totally let the air out of the bubble. To make matters substantially worse, governments (on a global basis, mind you) wasted the resources of their countries and taxpayers in an attempt to fight the markets and the normal economic cycle by both re-inflating said bubbles (all of them to some extent) while simultaneously indemnifying and pumping full of undeserved capital, the massive agents of leverage which initially were the conduits of the bubble blowing pressure. As a result of being the conduits, they were also the foci of the deleveraging forces that culminated in the bust. These agents, at least a very large portion of them, have proven themselves to be financially incompetent and undeserving to remain as an ongoing concern from an economic perspective. Their political and lobbying clout said otherwise, and they have siphoned capital and staying power from the public sector through regulatory capture and now the poison that was the over-leveraged, “new guard” FIRE sector has now infiltrated entire countries and sovereign nations.

    Those who may not follow me may think this is naught but fancy prose on a down day in the markets. Well, I have been preaching this publicly since 2007 and before the markets broke. I have named, on an individual basis and months ahead of the event, those agents that should have fallen – and for the most part did fall if not for massive government intervention, ex. Bear Stearns, Lehman, GGP, Countrywide, WaMu, etc. – see Did Reggie Middleton, a Blogger at BoomBustBlog, Best Wall Streets Best of the Best?, and I am saying now that the last two years of faux, government/central bank “purchased” recovery is simply unsustainable while the majority of the underlying issues that caused 2008 to happen are still present, and most of them are worse now than they were back then.”

    http://www.zerohedge.com/article/true-cause-2008-market-crash-looks-its-about-rear-its-ugly-head-again-vengeance

  240. Shore Guy says:

    Did I hear correctly that the tsunami that HTML Japan was 33 feet tall?

  241. Shore Guy says:

    That would cover just about all of Ocean, Atlantic, and Cape May counties. Cumberland and Salem too, for that matter.

  242. Comrade Nom Deplume says:

    I love numbers one and two on this list.

    And in case you were wondering, yes, these are ideas I plan to use to get tax advantages out of the Nompound.

  243. chicagofinance says:

    Obviously a bold faced lie. Everyone knows that anchovies come from pizzas…..

    Al Mossberg says:
    March 11, 2011 at 6:10 pm
    204. Kettle, Watch for fish kills. The NZ quake was preceded by dead pilot whales. This quake was preceded by millions of dead anchovies.

  244. jamil says:

    re legal outsourcing. Rio Tinto outsourced large part of its legal work few years ago to India. Things are going on fine, I heard.

    “Rio Tinto has hired a team of lawyers in India to try to reduce its annual £60 million legal bill by 20 per cent. The move will send a shudder through Britain’s commercial legal market, which earns billions of pounds a year in fees from big banks and multinationals. The Anglo-Australian miner, with CPA Global, a legal outsourcing group, has recruited 12 lawyers in Delhi to work for it on tasks such as reviewing documents and drafting contracts.

    The unit is expected to double in size within a year and will save the company 20 per cent of its annual legal budget, believed to be about $100 million (£61 million). Rio has 100 lawyers worldwide and uses law firms such as Linklaters and Baker & McKenzie for external advice.

    It began a shake-up of its legal department as part of cost-cutting that that will lead to the loss of 15,000 jobs. Leah Cooper, Rio’s managing attorney, said: “We took a look at our internal costs and the amount we were spending on outside counsel and saw an opportunity to make significant changes”

  245. Anonymous says:

    Question, re: NJ Condos. My FIL has decided to sale the townhouse he bought in River Vale after selling his house in Northern Bergen County in 2001 in order to move to Florida full-time. He bought at that time for about $420k (2bedrooms + loft, 3bths, deck, single car garage but no basement). If there are any agents/experts here, what kind of price should he be looking at? Because of the timing of the sale and the length of time he lived in his house (my husband and his brother grew up there), he had a ton of equity, and isn’t anywhere close to upside down on the town house; but he obviously wants to minimize losses if he can. He isn’t pressured to sell, but would like to since he is spending more in more time in Florida each year, and just finds less and less need for this place, and thus less reason to pay the mortgage and maintenance costs on it. Any opinions would be appreciated–thanks in advance.

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