NJ loses jobs – Unemployment rate falls

From the APP:

NJ unemployment rate falls to 8.5 percent; NJ loses 1,500 jobs

New Jersey’s unemployment rate fell from 8.6 percent to 8.5 percent in August, but the state lost 1,500 jobs, led by a big drop in professional and business services, the state Department of Labor and Workforce Development said.

The unemployment rate is now at its lowest level since March 2009, the department reported. But the unemployment rate fell even as the state lost jobs because a greater number of workers — more than 12,000 from July to August — gave up looking for work and left the labor force.

In the past 12 months, the state has gained 60,300 jobs, the department reported.

Industries that gained included education and health services (+2,800), leisure and hospitality (+2,100), trade, transportation and utilities (+1,900), manufacturing (+600) and other services (+200). Job losses came in professional and business services (-5,900), financial services (-2,400), information (-700) and construction (-100).

Public sector employment was unchanged in August. Gains at the state (+600) and federal (+100) levels were counterbalanced by a drop in local government employment (-700).

“The state has had strong job gains over the last year and a major decline in unemployment with the rate dropping steadily. . Considering we’re looking at the lowest unemployment rate since March 2009 and we saw vigorous job growth last fall, we are hopeful we will see a repeat,” said Charles Steindel, chief economist for the state Treasury Department.

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106 Responses to NJ loses jobs – Unemployment rate falls

  1. Comrade Nom Deplume, knee jerk savant says:

    Frist!

  2. grim says:

    From MarketWatch:

    Bernanke gives home buyers a breather

    Mortgage rates are poised to drop following the Federal Reserve’s announcement on Wednesday that it will continue with its bond-buying program, giving home buyers some breathing room for at least a few weeks.

    Mortgage rates have been rising since late spring, when Federal Reserve Chairman Ben Bernanke first announced the possibility of a reduction in the $85-billion-a-month bond-buying program. The Fed has been the primary purchaser of mortgage-backed securities since late 2008, creating constant demand for these products, which helped push mortgage rates to record lows. Mortgage rates spiked at the end of June when the Fed signaled that paring back of bond-buying could begin in September. And rates have remained elevated since then, but the Fed’s unexpected decision to not scale back on its program will likely result in a break from rising mortgage rates. Instead, rates are likely to drop at least for the next month, says Keith Gumbinger, vice president at mortgage-info website HSH.com.

    For home buyers who are about to get a mortgage, the announcement should result in lower rates. The average rate on 30-year fixed-rate mortgages fell slightly to 4.64% by end of day Wednesday, down from 4.68% for the week ended Sept. 13, according to HSH.com. Gumbinger says rates could drop by as much as 10 basis points, the equivalent of 0.10 percentage point, in total by the end of the week, which would bring average rates to 4.58% and they could drop to as low as 4.48% on average by mid-October, especially if the economic reports released during this period are weaker than expected. At 4.48%, rates would be back to where they were in the beginning of July.

  3. grim says:

    Just in case you forgot that HAMP was still around, from HousingWire:

    Loan modifications boost the housing recovery

    An estimated 63,000 homeowners received permanent, affordable loan modifications from mortgage servicers in July, including mods completed under both proprietary programs and the government’s Home Affordable Modification Program, according to a report from Hope Now.

    The July numbers indicate that an estimated 50,000 homeowners received proprietary loan modifications, with 13,183 homeowners receiving HAMP modifications, according to data from the U.S. Department of Treasury.

    For the year, the total number of loan mods currently stands at approximately 519,000, compared to an estimated 378,000 foreclosure sales reported for the year so far.

    July’s total of 63,000 modifications makes the total number of permanent loan modifications 6.6 million since 2007. In the same time period, approximately 5.36 million homeowners have received proprietary loans modifications.

    Since HAMP reporting began in 2009, more than 1.2 million homeowners have received modifications through the program.

  4. anon (the good one) says:

    @chrislhayes: But for real, this food stamp vote is some thoroughly shameful sh*t

  5. anon (the good one) says:

    serve me another latte

    @WSJ: “We’re not anti- or pro-gun, but we don’t believe guns should be part of the Starbucks experience,” CEO said. http://t.co/64Q5O1wLfa $SBUX

  6. JJ says:

    So on phone with a big real estate investor person last night.

    Not talking home prices or anything, but she was chatting about stuff going on. Gossip.

    Anyhow this module home building company has a patent on homes they can raise up at a push of a button. They are building two or three spec homes for free right now, hoping towns after built grant permits. They then hope to sell. No one wants to buy ahead right now.

    Interesting concept. The main part of house is right next to but detached from deck garage. When a hurricane is coming or flood, you can push a switch and house rises an additional several feet in the air.

    Useful if FEMA raises BFE requirments down the road and useful for once in a lifetime Sandy storms. Also cool as you dont have to be up 30 steps in air to be safe and then have to climb those damm 30 steps every day for 30 years. You can raise house just for the once in a lifetime storm.

    Pretty cool. She is going to give me address and packet later today.

  7. Brian says:

    Their position on guns is for customers to follow the laws in the state in which the store resides. Some idiots think that means they are “pro-gun”.

    The open carry folks that continue to be in-your-face about their “right to carry” are ruining it for everyone else. It’s fine to open carry, just don’t rub it in people’s face. They attract the attention of legislators who are always looking for a hot button issue to “legislate” and further their political careers.

    5.anon (the good one) says:
    September 20, 2013 at 8:17 am
    serve me another latte

    @WSJ: “We’re not anti- or pro-gun, but we don’t believe guns should be part of the Starbucks experience,” CEO said. http://t.co/64Q5O1wLfa $SBUX

  8. Brian says:

    Sweet. Lowrider houses on hydraulics. I should have done that on my old impala.

    6.JJ says:
    September 20, 2013 at 8:31 am
    So on phone with a big real estate investor person last night.

    Not talking home prices or anything, but she was chatting about stuff going on. Gossip.

    Anyhow this module home building company has a patent on homes they can raise up at a push of a button

  9. anon (the good one) says:

    they say that the fire on the shore is tied to sandy cause wire was damaged then, etc. there is an angle that politicians and others are looking into, but don’t know the implications

  10. Brian says:

    Sandy cash goes to N.J. boardwalk fire recovery

    http://www.usatoday.com/story/news/nation/2013/09/18/sandy-cash-goes-to-nj-boardwalk-fire-recovery/2834983/

    9.anon (the good one) says:
    September 20, 2013 at 8:39 am
    they say that the fire on the shore is tied to sandy cause wire was damaged then, etc. there is an angle that politicians and others are looking into, but don’t know the implications

  11. Fast Eddie says:

    Job losses came in professional and business services (-5,900), financial services (-2,400), information (-700)

    White collar jobs dwindling and 20 hours in Applebees becoming the new norm. The next logical step is to buy a house, right?

  12. 1987 Condo says:

    #13….many retailers provide a limited liability medical insurance option to part time workers, I worked with BCBS organization in 2010 on some solutions for this, but bottom line, Obamacare made these plans illegal so they had to drop them. No surprise that this happened.

  13. All Hype says:

    Gary (11):
    Every call I get from headhunters are for great pharma jobs in Boston, Raleigh and Southern California. They keep asking me to consider relocating. NJ pharma is dying a slow death and it is reflected in the job losses you posted.

    But the housing market is totally hot. Buy now or be priced out forever!

  14. Painhrtz - Disobey! says:

    Hype tell me about. What kind of screwed up world is this when so cal and Boston are tax havens compared to nj. Then again we have jobs that don’t need an office so we should be ok somewhat. When pharma is gone the only jobs will be on the good coast

  15. Essex says:

    14. You must be a major player.

  16. AG says:

    Well when all the jobs are gone we can all join Essex on the couch drinking beer while our wives work. I got dibs on a toll booth job.

  17. Fast Eddie says:

    http://www.waitbutwhy.com/2013/09/why-generation-y-yuppies-are-unhappy.html

    I had to post this link from yesterday regarding the puppy Gen Y crowd because I wanted to comment but work is consuming me. I was feeling somewhat sympathetic towards their plight, considering the abysmal economy and the slow death of permanent jobs with real benefits. I don’t know why they pulled the lever a second time to re-elect the Keynesian Kenyan especially after having four years to witness the charlatan in action. I can’t figure out why they’re having trouble with the concept that prosperity through government doesn’t exist.

    Anyway, I was attempting to put myself in their shoes and then wha-bam, some genius decides to comment on the article and specify that the double space between sentences is outdated. OUTDATED! So, this sent me off the edge. Quickly! This is why you little, snot-nosed twerps can’t find a job. You’re arrogant. But not in a way that is driven by respect, you’re arrogant in a way that is loaded with meek impertinence and dire lack of experience; sort of like the guy you elected to come to your rescue… twice.

    Here’s some advice for you tender souls and the reason why I can land a job before you, even if I had piss-stained pants while walking into the interview: Don’t give canned answers or say something you think the person on the other side of the desk wants to hear. If they ask you “Where do want to be in five years,” then the job is probably as miserable as the person asking that question. Regardless, answer the question with passion and honesty. Speak from the heart and not from a text your friend sent you. You take control of the interview, not them. Have a conversation, not an interview. If there’s chemistry, it will turn into a conversation anyway and you’ll most likely be in the running as a result. The majority of hirings are based on chemistry, not on how well you can text or your degree in Urban Metro Sexual studies.

    Remove the word “got” and “I” from your resume. Completely. “Alot” is not a word. Look at your resume and picture it as an architectural drawing, a work of art. Most people are idiots and if it looks pretty, it might get a second look. Your eyes should view it in steps, naturally. Eye appeal matters. You wouldn’t give an beastly person a second look, so why would someone look at a ugly resume? If it has the format resembling footnotes (For you guys and gals with a degree in Enigmatology, a footnote is an ancillary piece of information printed at the bottom of a page.) Your resume needs to contain quantitative measurements, not a job description. We know you can play a video game; tell us the level of car-jackings achieved in a specified time allotment proportional to the coefficient of hand jerking on your ping-o-tronic console.

  18. anon (the good one) says:

    @jaykirell: My Name Is Jason, I’m A 35-Yr-Old White Male Combat Veteran…And I’m On Food Stamps http://t.co/OIrr9c6O1Q

  19. anon (the good one) says:

    either that or he’s all hype

    Essex says:
    September 20, 2013 at 10:05 am
    14. You must be a major player.

  20. 1987 Condo says:

    #18..I got a lot from that.

  21. grim says:

    18 – I don’t know why everyone is so upset about this … Frankly, I’m excited about the prospect of having to compete against these dolts.

  22. Fast Eddie says:

    grim,

    They’ll come a time when the dolts will have to support some of us old folk and they’ll be expecting a trophy, blankey and botty for blowing their noses correctly. It frightens me.

  23. grim says:

    23 – Yeah, you are f*cked, sorry about that.

  24. freedy says:

    So, are we to believe that “bad wires “caused the Seaside park fire and not the tourch?

  25. Fast Eddie says:

    I suppose the death panels will be in full swing by that time. :)

  26. Bystander says:

    #15,

    Job market stinks..period. The past two weeks even the Indian recruiters with the sh!tty jobs have stopped calling. Contacts that I have received want 10 years plus experience for 60/hr for 6 mo. contract and no benefits. But, I better run and buy a 500k p!sshack with 10k taxes because prices are rising…except I can find 100 homes that people are desperately discounting.

  27. All Hype says:

    Essex (16):
    Not a major player at all. I am just getting calls for senior manager/assistant director type jobs. 2-3 direct reports and oversight of 4-5 trials, pretty basic stuff. 10 years ago these jobs were all over NJ. Now, not so much.

  28. Fast Eddie says:

    Bystander,

    The 500K p1sshack has 12K taxes as the base. 10K taxes are so 2009. It’s for the children!

  29. chicagofinance says:

    I don’t know whether people caught this item, but the Unicorn on the graphs is vomiting a rainbow…..
    NJGator says:

    September 19, 2013 at 2:42 pm

    Apologies if this has already been posted…

    http://www.huffingtonpost.com/wait-but-why/generation-y-unhappy_b_3930620.html

  30. Brian says:

    Someday, Gary might even find himself on the opposite side of an interview desk from one. That would be an interesting interview.

    22.grim says:
    September 20, 2013 at 10:35 am
    18 – I don’t know why everyone is so upset about this … Frankly, I’m excited about the prospect of having to compete against these dolts.

  31. Fast Eddie says:

    Brian [32],

    Give us a little insight as to how that might go?

  32. grim says:

    Don’t follow, why exactly would they be at an interview again? I must have missed the part where the lady in HR went deaf and blind. Did they change equal opportunity to include idiocy?

  33. Brian says:

    You would not be hired.

    33.Fast Eddie says:
    September 20, 2013 at 11:41 am
    Brian [32],

    Give us a little insight as to how that might go?

  34. JJ says:

    Bottom line most folks are fed a bunch of BS in school and from parents that they are special and they all will have great careers and big jobs. No one ever a day in my life growing up fed me that line of bs.

    When I spoke to the class of 2013/2014 a few weeks ago and was at the podium looking out at 300 or so students who all thought they were special I looked at their faces and thought only 2-3 I actually can see making it.

    Afterwards when I spoke to them the most shocking thing was how overly confident they were. Three girls in particular approached me shook my hand, had nice suits and went right into how great they are and how much they want to work on wall street, in broken english and even handed me business cards I am trained to read so I know the name and it is just a bunch of crazy letters I could not pronounce. Then I ask work experience and they are like my parents have me concentrate on school

    So here I am a five foot one inch asian girl, never worked a day in her life, has a name I cant pronounce speaking broken english when a professor or dean comes up at same time to tell me how great she is.

    OK, I am thinking. A junior person needs to carry a heavy laptop, travel, go to meetings, maybe carry files. Maybe I go on a business trip someone I want to go to bar with. Someone who has street smarts and can get it done not give me a pile of charts. Also I want someone who makes me look good. Exactly what am I buying here.

    I had around ten years ago working for me, a hot girl in her 30’s CPA, super nice clothes very friendly, a Harvard graduate, A 55 year old professional man, one or two student like Japanese girls, also had a top tier educated black guy and a guy I swear in his mid twenties top school who could be a professional model. Clients paid me $425 an hour 50 hours a week just to have him around. We had a team like the A team. I could build a car, fly to moon, reconcile complex financial statements. Once the BOD took my 20 person team out and was very impressed, my staff spoke multiple languages, played piano, one used to be an opera singer and the best wait for it, one staff was a child movie actor, was on the wonder years. At end of dinner head of board ask me what do I do do I have special hobbies, talents, skills. I say I have no special talents and skills whatsoever. I then say but I am able to assemble large teams of brillant people and keep them movivated to work 60 hours a week for you every week week after week which make you look amazing.

    The kids today for most part, wait on line for iphones, play grand theft auto, listen to itunes, heck dont even have drivers licenses or apartments.

    I would say around 2003 I started losing my ability to get great staff under 20, by 2007 it was impossible.

    Kids today dont make me look good. My job under 40 was to make my boss look good, over 40 staffs job is to make boss look good.

    Now I get kids who want me to make them look good. WTF, take your goddamm soccer with no goal tender days where everyone gets a trophy and screw yourself.

    No one who ever stabbed me in the back is sitting easy. That is a great article

  35. JJ says:

    Only job I want is Helicopter Ben’s job.

    Or maybe head of TBTF.

    Last job I actually applied for was to be on the Super Bowl Site Selection Committee. I filled out whole application and sent in resume. They were nice enough to turn me down by sending me a letter.

    There are not many jobs I really want.

  36. homeboken says:

    JJ – when you get your d!ck out of your mouth, you can resume posting.

  37. JJ says:

    http://blog.chron.com/houstonpolitics/wp-content/blogs.dir/1766/files/2013/09/NFIP-October-1-AE-SF-Res-N-Elv.pdf

    10-1-2013 Rate schedule is being published, if you have flood insurance you can look up your new rate. If you dont have flood insurance and plan on buying it you only have 11 days left to lock in the lower rates at least for first year.

    John Holmes, Ron Jermany “Hedge-Hog” and myself are only three men I know who could have their own dick in mouth problem. Thank you sire for that compliment.

  38. Juice Box says:

    JJ – Super Bowl Site Selection Committee? You never even played football.

  39. anon (the good one) says:

    @asymco: Federighi jumps in: “New? New is easy. Right is hard.”
    #apple

  40. chicagofinance says:

    My biggest concern is that it is us who will be passed by….in 20 years, these people will be society’s decision makers……then what?

    I also think about the old lady who is afraid to use the ATM, and I always fear that one day (too soon) that will be me……..already I hate PDA’s because my eyesight is going and I have big fingers……

    grim says:
    September 20, 2013 at 10:35 am
    18 – I don’t know why everyone is so upset about this … Frankly, I’m excited about the prospect of having to compete against these dolts.
    23. Fast Eddie says:
    September 20, 2013 at 10:39 am
    grim, They’ll come a time when the dolts will have to support some of us old folk and they’ll be expecting a trophy, blankey and botty for blowing their noses correctly. It frightens me.

  41. Lurker says:

    Juice Box – JJ never did half the BS he claims he did either so what’s a little lack of football got to do with it? ha!

  42. anon (the good one) says:

    why is blackberry on hold? who’s buying it

  43. Juice Box says:

    re: #42 – Bebo says no surgery for you…..

  44. joyce says:

    half? giving too much credit

    43.Lurker says:
    September 20, 2013 at 3:12 pm
    Juice Box – JJ never did half the BS he claims he did either so what’s a little lack of football got to do with it? ha!

  45. Juice Box says:

    re: 44 – net operating loss of approximately $950 million to $995 million and laying off nearly half the workforce, perhaps more if the remained jump back into pelt trading and logging.

    New name Collapseberry… and stock symbol CBRY

  46. xolepa says:

    Not all Gen Ys fit the stereotype. But again, it depends on your upbringing. I, for one, told my kids from day one that they are responsible for their actions. Every one of their decisions had consequences, I let them know, good or bad.
    My eldest son, 26, just got married this past weekend. Bride and groom both Ivy educated. Needless to say, the reception was filled with kids in his age group. Many med school students, lawyers, some Wall Streeters. All seemed to be genuinely happy. None were pessimistic about their future.

    The path to success is planned early in life. Results do vary. It is the foundation that counts the most. You can stray along the path, but if your roots are deep, you will prosper.

  47. Statler Waldorf says:

    20 years? You haven’t noticed the country already has an inexperienced, entitled poser making decisions?

    “My biggest concern is that it is us who will be passed by….in 20 years, these people will be society’s decision makers……then what?”

  48. Screw it all. Final doom is imminent.

  49. joyce says:

    xolepa,

    It’s just the same as every generation saying the one behind it is (insert your favorite adjectives).
    That’s not to say there isn’t a slow steady purposeful decline.

  50. xolepa says:

    History does repeat itself. It will be one heck of a shock needed to correct the course. I don’t want to be around when that happens. On the other hand, the younger generations are not so bad. I sincerely believe they are a step ahead of the baby boomers in terms of native intelligence. But then again, I live in Hunterdon county. What are we and our children exposed to? For example, we did not have a single murder in the county for a period stretching over 10 years, ending a few years back. What do I know about the real world?

  51. grim says:

    Who here was trying to tell me that RIM stood a chance in hell?

  52. chicagofinance says:

    The End Is Nigh (JJ Influence in Syria Edition):

    Tunisian women waging ‘sex jihad’ in Syria

    Tunisian women have traveled to Syria to wage ‘sex jihad’ by comforting Islamist fighters battling the regime there, Interior Minister Lotfi ben Jeddou has told MPs.

    ‘They have sexual relations with 20, 30, 100′ militants, the minister told members of the National Constituent Assembly Thursday.

    ‘After the sexual liaisons they have there in the name of ‘jihad al-nikah’ – (sexual holy war in Arabic) – they come home pregnant,’ Ben Jeddou told the MPs.

    He did not elaborate on how many Tunisian women had returned to the country pregnant with the children of jihadist fighters.

    Jihad al-nikah, permitting extramarital sexual relations with multiple partners, is considered by some hardline Sunni Muslim Salafists as a legitimate form of holy war.

    The minister also did not say how many Tunisian women were thought to have gone to Syria for such a purpose, although media reports have said hundreds have done so.

    Hundreds of Tunisian men have also gone to join the ranks of the jihadists fighting to bring down the regime of President Bashar al-Assad.

    However, Ben Jeddou also said that since he assumed office in March, ‘six thousand of our young people have been prevented from going there’ to Syria.

    He has said in the past that border controls have been boosted to intercept young Tunisians seeking to travel to Syria.

    Media reports say thousands of Tunisians have, over the past 15 years, joined jihadists across the world in Afghanistan Iraq and Syria, mainly travelling via Turkey or Libya.

  53. chicagofinance says:

    Wasn’t your handle once Final Doom? Got bored with it I guess……

    Scrapple n’Ricin says:
    September 20, 2013 at 4:03 pm
    Screw it all. Final doom is imminent.

  54. grim says:

    I hear lots of folks are upset the gold iPhones are all sold out.

  55. The Original NJ ExPat says:

    [55] chifi – It’s all part of grim’s elaborate marketing scheme. When the credit cards are finally offered your membership will be marked by Clot’s handle when you joined the fray; i.e. “Member since Hobo with a Shotgun”

    Wasn’t your handle once Final Doom? Got bored with it I guess……

  56. The Original NJ ExPat says:

    [57] Choice of card backgrounds will also be offered. Grim’s graphic artists are putting the final touches on the “Bebo lights a mattress on fire” special edition.

  57. grim says:

    It’s second most popular after Duck’s Cliffside Park Red Leather Couch.

  58. The Original NJ ExPat says:

    Crush Valor JJ Cadillac edition in the works?

  59. The Original NJ ExPat says:

    Fast Eddie Black card with a $0 credit limit but comes with unlimited calls to the complaint line?

  60. Essex says:

    29. Boston is a tough sell for a reloc. California? Are you kidding me. Holy crap talk about out of the fryin pan and into hades…..

  61. anon (the good one) says:

    they must list their school in their handle if they ever join this blog. best for self stem. ask chifi.

    xolepa says:
    September 20, 2013 at 3:34 pm
    My eldest son, 26, just got married this past weekend. Bride and groom both Ivy educated. Needless to say, the reception was filled with kids in his age group. Many med school students, lawyers, some Wall Streeters.

  62. I’m going to have an issue with anyone making fun of Hobo with a Shotgun.

  63. Juice Box says:

    Friday night lights down here in Middletown, I hope my
    Boys will be better football players than me, when I played back in the day we won the State Championship.

  64. Libtard at home says:

    I own the Trademark on Bebo.

  65. cobbler says:

    re. Gen X/Y: trying to hire a Chem. E few years out of school with actual process industry experience… No luck whatsoever – either pouring your latte, or getting their MBA and joining GS. [btw if you have someone interested get my e-mail from grim…]

  66. stu (67)-

    That’s like claiming you invented crack.

  67. anon (the good one) says:

    or like you are special cause the school you went to

    Scrapple n’Ricin says:
    September 20, 2013 at 10:37 pm
    stu (67)-

    That’s like claiming you invented crack.

  68. chicagofinance says:

    Maybe a little gene splicing…….Bebo with a Shotgun?

    Libtard at home says:
    September 20, 2013 at 9:38 pm
    I own the Trademark on Bebo.

  69. chicagofinance says:

    Do they go to South?

    Juice Box says:
    September 20, 2013 at 9:36 pm
    Friday night lights down here in Middletown, I hope my
    Boys will be better football players than me, when I played back in the day we won the State Championship.

  70. chicagofinance says:

    I forgot how truly glorious this is….
    http://www.youtube.com/watch?v=ssHEAOrAdCU

  71. chicagofinance says:

    “….This week I spoke to a few U.S. senators about the meaning of the Syria drama. They were a mix—some had given supportive soundings early on; all had been taken aback by the public reaction, the wave of calls and emails. There was gossip. Apparently some White House staffers have a new nickname for the president: “Obam-me,” because it’s all about him and his big thoughts. I guess the second-term team is not quite as adoring as the first….”

  72. Fabius Maximus says:

    #53 grim

    “Who here was trying to tell me that RIM stood a chance in hell?”
    That would be me. RIM is not leaving the Enterprise space any time soon. The company may be sold and they may have a headwind wind of BYOD, but they are still the best player in the market and IT departments down want to let them go. Between the X/Q10 and the new X30 they have a product to hold them in the market.

    At this point I’ll make a call that Oracle picks them up to move more fully into the mobile arena.

  73. chi (72)-

    Still think Hauer was better in Das Boot.

  74. Brian says:

    I was trying to tell you that the stock was undervalued…when it was trading around $7. Afterwards, it went to like 14.

    No one here ever said apple had anything but a fantastic phone. They just weren’t going to experience unprecedented growth of their business anymore since Jobs passed…

    grim says:
    September 20, 2013 at 5:07 pm
    Who here was trying to tell me that RIM stood a chance in hell?

  75. AAPL offers products made by the best slaves in the world.

  76. Shore Guy says:

    I need a NJ notary who can notarize a document for me this afternoon. If anyone knows of one, please let me know. It is very important. Thanks and, yes, I am still alive, sort of.

  77. A general thought says:

    About RIM/Blackberry. They shot themselves in the head and deserve the death spiral where they are.

    It is not about handset, or new models. It’s simply that their whole value for business and personal users worldwide was their propietary encrypted communications.

    When RIM opened it up to the Saudi, Dubai, and other middle eastern countries so those authorities could track and crack down on people during the orange revolution over the past few years. RIM goose was cooked.

    Just like right now, US Tech companies are riding high. But the business decision and repercussions of the NSA surveillance wont be felt right away, but in a few years time. Just like now in 2010 RIM was still riding high and 3 yrs later they are on the way out.

  78. grim says:

    RIM should dump the hardware and focus only on enterprise software that enables secure byod and platform messaging enhancement for iOS and Android (and even Windows Phone/RT). Platform agnosticism is their only hope.

    Larry buying RIM is a very interesting proposition, but has there every been an occasion where Oracle bought a loser hoping to turn it around?

  79. Shore Guy says:

    First-Time Homebuyers Fighting for a Spot in an All-Cash World

    http://www.pbs.org/newshour/businessdesk/2013/09/first-time-homebuyers-fighting.html

  80. nwnj says:

    #80 Obvious on is Sun.

  81. nwnj says:

    “one”

  82. Fast Eddie says:

    House doesn’t sell, there’s only one logical thing to do… raise the price by 100K:

    http://www.trulia.com/property/3122946489-144-Sheridan-Ave-Ho-Ho-Kus-NJ-07423

  83. Juice Box says:

    RIM is toast. They have a billion dollars in unsold inventory, meaning
    Their new phones aren’t selling. Focus on the enterprise? Their new enterprise offering no longer does email, calendar and address book synch it provides only VPN and MDM. Business have to turn up twice as much hardware and software to replace Blackerry 5 with Blackberry 10 to do the same damm thing. Businesses are not happy about the blindsided spend few budgeted for it as well. Slow bleed from here on in for them. I Think the new handset is ok perhaps if it came out in 2009 things would be different and they would still have all of their enterprise customers to fall back on.

  84. Juice Box says:

    re # 80 – Airwatch and Maas360 already have that sown up up the cloud plus a few other MDM vendors. BBRY’s MDM solution requires on premise IIS meaning Microsoft in the supposed secure area of your network. Not allot of companies like to do that, and BBRY 10 does not have a cloud solution. Also their new BB10 platform does not yet support their mobile voice VOIP solution they rolled out in version 5 and it does not support clustering and HA which was also in Version 5. Lots of other little things too like low cost handset replacement. The old BBRY handsets were dirt cheap and the carriers often replaced them for free. The new handsets are not cheap and will cost allot to replace, if anything watch for one of the carriers to back another handset. IOS 7 formally now has APIs for MDM and Enterprise Support via 3rd Party vendors like Airwatch.

    Another thing all of their talent will be gone with the layoffs and those that saw the light and quit already. They delivered BB10 incomplete, I don’t think it will ever be finished, they just won’t have the talent to pull it off.

  85. Nomad says:

    Has anyone tried one of these wireless flash drives and if so, any issues with security other than it getting stolen like a traditional flash drive. Seems like an easy way to add storage to a tablet.

    http://www.sandisk.com/products/wireless/flash-drive/

  86. Brian says:

    Nah I think it’s too late. Time for the vultures.

    grim says:
    September 21, 2013 at 9:04 am
    RIM should dump the hardware and focus only on enterprise software that enables secure byod and platform messaging enhancement for iOS and Android (and even Windows Phone/RT). Platform agnosticism is their only hope.

    Larry buying RIM is a very interesting proposition, but has there every been an occasion where Oracle bought a loser hoping to turn it around?

  87. ron (87)-

    Anyone who pays his mortgage is an idiot. Been saying it since 2008.

  88. Essex says:

    F-ckin’ board jumped the shark. Methinks.

  89. Post #87 is proof positive that the gubmint will stop at nothing in its attempts to reflate a housing bubble. Forget future defaults, forget the implosion of FHA…that will all be a mess somebody else will have to clean up.

  90. What insane logic: the faster you can default on a loan, the faster you can get a new one.

  91. anon (the good one) says:

    all conservative, all Republican

    @ianbremmer: Least Educated States, avg edu level of pop (but Great Football)
    1 W Virginia
    2 Miss
    3 Ark
    4 Louisiana
    5 Kentucky
    6 Alabama
    7 Tenn
    8 Tx

  92. Not Michael says:

    Anon:

    What do you think- Is it the football head injuries that make those states dumb? or Are they dumb to start out with and the football head injuries actually improves their IQ?

  93. anon (the good one) says:

    and forgot to point out that they are the poorest as well

    Not Michael says:
    September 21, 2013 at 6:04 pm
    Anon:

    What do you think- Is it the football head injuries that make those states dumb? or Are they dumb to start out with and the football head injuries actually improves their IQ?

    anon (the good one) says:
    September 21, 2013 at 5:52 pm

    all conservative, all Republican

    @ianbremmer: Least Educated States, avg edu level of pop (but Great Football)
    1 W Virginia
    2 Miss
    3 Ark
    4 Louisiana
    5 Kentucky
    6 Alabama
    7 Tenn
    8 Tx

  94. joyce says:

    96

    what mississippi is missing is there own wall street

  95. Hughesrep says:

    97

    They have casinos.

  96. Fast Eddie says:

    anon (the good one),

    The people in those States are smart enough to know not to pull the lever for the narcissistic d0uche in the White House. You know, the one who can’t get the taste of Putin’s c0ck out of his mouth.

  97. joyce says:

    hughesrep,

    touche; but not ones aided and abetted by the gov

  98. I’m looking forward to the end of all gubmints and the collapse of civilization.

  99. anon (the good one) says:

    @MotherJones: 3 private prisons in Arizona have 100% occupancy quotas—meaning the state must keep them filled, crime or not. http://t.co/KLVmwh7Mqo

  100. Comrade Nom Deplume, knee jerk savant says:

    [105] anon,

    I hear Tuson is lovely this time of year. You should go.

  101. Comrade Nom Deplume, knee jerk savant says:

    Tuscon, even.

  102. Comrade Nom Deplume, knee jerk savant says:

    Doh. &#%+=€ fat fingers.

    Tucson.

  103. The Original NJ ExPat says:

    LOL. I’ve memorized that one non-phonetically for years decades now just to avoid this exact embarrassment. It’s been Tuckson in my head since 5th grade;-)

    Doh. &#%+=€ fat fingers.

    Tucson.

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