From the Otteau Group:
Home Sales Still Rising Despite Rising Rates
Home purchase contracts recorded their fifth consecutive double digit-increase in August despite recent increases in mortgage interest rates with an 11% rise compared to one year ago (YOY). Considering last year’s 29% increase in August, home purchase demand has risen by 43% over the past 2 years. Focusing on 2013, statewide purchase contracts have now risen by 17% YTD indicating the housing recovery is still going strong.
@BarackObama: They actually did it. A group of Republicans in the House just forced a government shutdown over Obamacare instead of passing a real budget.
The friskies are unavailable due to the gvmt shutdown.
From HousingWire:
Full-blown housing recovery remains an illusory goal
A full-blown housing recovery could push the nation closer to full employment, but a confluence of factors have made this an illusory goal, researchers claim in a new report from Moody’s Analytics and the Urban Institute.
As home prices rise, rates increase and investors step away from the market, the recovery becomes even more dependent on the return of move-up and first-time homebuyers, says analysts Jim Parrott and Mark Zandi, both of whom published a research paper on mortgage credit, titled “Opening the Credit Box.”
The only problem is many of these buyers are not ready to sign onto a mortgage, or they are not allowed to get a mortgage due to stringent underwriting guidelines.
Parrott and Zandi’s statistics show first-time homebuyers struggling as affordability disappears and tighter lending standards block them from the mortgage market altogether.
How a department shuts down.
http://transition.fcc.gov/Plan-for-Orderly-Shutdown-September-2013.pdf
Grim,
being that is oct 1, if i had to describe the RE activity in my hood this past summer, would say that the 700/800 colonial sold like hot cakes, while the 400/500 split languished. occurs to me that ppl with dough in the upper brakets bought because remains solvent while the working class can’t get to the 500 home. im working class and poor, but my town is becoming wealthier instead of poorer? could that be possible? the 30 yr old, 80k CHC, is being bought by somebody who can afford 800k+taxes
Fabius-4
Here is an unorderly one….Charlie Steiner was best part of this commercial…
http://www.youtube.com/watch?v=uASRgF2fwwY
Bloomberg reporting Merck will fire 8500 in addition to the 7500 already announced.
Continuing to hurtle toward oblivion, folks.
Prepare accordingly.
The DNC is nearly broke
http://finance.fortune.cnn.com/2013/09/30/dnc-debt-crisis/?iid=SF_F_River
FORTUNE — There’s another budget crisis in Washington, and it’s unfolding inside the Democratic party. The Democratic National Committee remains so deeply in the hole from spending in the last election that it is struggling to pay its own vendors.
It is a highly unusual state of affairs for a national party — especially one that can deploy the President as its fundraiser-in-chief — and it speaks to the quiet but serious organizational problems the party has yet to address since the last election, obscured in part by the much messier spectacle of GOP infighting.
The Democrats’ numbers speak for themselves: Through August, 10 months after helping President Obama secure a second term, the DNC owed its various creditors a total of $18.1 million, compared to the $12.5 million cash cushion the Republican National Committee is holding.
Several executives at firms that contract to provide services to the party — speaking anonymously to avoid antagonizing what remains an important if troubled client — describe an organization playing for time as they raise alarms about past-due bills falling further behind. And senior strategists close to the DNC say they worry the organization appears to have no road map back to solvency. “They really thought they could get this money raised by the summer,” one said, “but the fact is, from talking to people over there, they have no real plan for how to solve this.”
Wake me up when we’re battling each other in the streets.
Does this speak for itself or what?
Brian says:
October 1, 2013 at 8:27 am
The DNC is nearly broke
http://finance.fortune.cnn.com/2013/09/30/dnc-debt-crisis/?iid=SF_F_River
FORTUNE — There’s another budget crisis in Washington, and it’s unfolding inside the Democratic party. The Democratic National Committee remains so deeply in the hole from spending in the last election that it is struggling to pay its own vendors.
It is a highly unusual state of affairs for a national party — especially one that can deploy the President as its fundraiser-in-chief — and it speaks to the quiet but serious organizational problems the party has yet to address since the last election, obscured in part by the much messier spectacle of GOP infighting.
The Democrats’ numbers speak for themselves: Through August, 10 months after helping President Obama secure a second term, the DNC owed its various creditors a total of $18.1 million, compared to the $12.5 million cash cushion the Republican National Committee is holding.
Several executives at firms that contract to provide services to the party — speaking anonymously to avoid antagonizing what remains an important if troubled client — describe an organization playing for time as they raise alarms about past-due bills falling further behind. And senior strategists close to the DNC say they worry the organization appears to have no road map back to solvency. “They really thought they could get this money raised by the summer,” one said, “but the fact is, from talking to people over there, they have no real plan for how to solve this.”
It remains to be seen which party will be the winner and which will be the loser as a result of the shutdown. One difference between this one and the one that occured in the 1990’s is the internet. The Democrats can’t control the message this time.
I heard on the radio that one of the bills that was offered by the house offered to delay the ACA for a year and also remove the exemptions for all members of congress, their staffers, and Whitehouse staffers. Obviously, that was rejected.
11.chicagofinance says:
October 1, 2013 at 8:35 am
Does this speak for itself or what?
What makes you think folks buying 800K houses are rich?
My realtor today was telling me her Greek investor couple. They live in a split near me. Are closing on their 10th house since Fall 2008. All homes they buy are between 200k and 400K and are fixer uppers, (no wrecks, no mint houses), more paint, spackle, new applicances etc. So now they have ten sets of income. Most neighbors dont even know who owns house I bet. For instance my condo. I slept there one single night. Nice couple is living there now and most folks most likely think they own it. At best they might think I was the handiman.
Maybe rich folk live in the cheap houses since houses unless they are rented out are losing investments. Same folks who lease cars. I went to a fancy bat mitz in my town last Saturday around 350 people. In my town of little splits I would say average income at party was 300K to 550K.
The Rabbi was my favorite rich guy. DOUBLE OMG – he was typical mid 40s rabbi bit of belly and a beard. His wife who was at party is from Chilie and is an elementary spanish teacher. Like Gloria on Modern family WOW what a short dress. Anyhow Rabbis make 300K teachers make 100K, right there is 400K. The principal was there. 450K salary. She retired from one school district on a 250K pension as their principal and got hire her at 200K. So she collects both. Guy who threw the party I would guess it was a 40k party. I know he clears a ton AND his wife works full time. He is a senior partner in a big CPA firm that caters to the super rich.
Think that shocks me is the town near me with one million dollar homes plus it is all kids in their 40s first generation to go to school and have jobs at chase, goldman etc and make maybe 225k in middle mgt and think they arrived. Meanwhile the guy next to me who owns a massive body shop he inherited from his father free and clear makes that every month but lives in a split. I tell you I am always shocked how poor folks are who buy 800K houses and how rich folks are who buy 300K houses.
anon (the good one) says:
October 1, 2013 at 8:07 am
Grim,
being that is oct 1, if i had to describe the RE activity in my hood this past summer, would say that the 700/800 colonial sold like hot cakes, while the 400/500 split languished. occurs to me that ppl with dough in the upper brakets bought because remains solvent while the working class can’t get to the 500 home. im working class and poor, but my town is becoming wealthier instead of poorer? could that be possible? the 30 yr old, 80k CHC, is being bought by somebody who can afford 800k+taxes
clot training video for end of days NYC…..
https://www.youtube.com/watch?v=wNOyDMzn2bY
I heard on the radio that one of the bills that was offered by the house offered to delay the ACA for a year and also remove the exemptions for all members of congress, their staffers, and Whitehouse staffers. Obviously, that was rejected.
The party of compassion. The Republicans called them out and they showed their colors. When it came to the point of putting their money where their mouths are, they p.unked out like true charlatans.
Absolute definition of limousine liberal..
Fast Eddie says:
October 1, 2013 at 8:54 am
I heard on the radio that one of the bills that was offered by the house offered to delay the ACA for a year and also remove the exemptions for all members of congress, their staffers, and Whitehouse staffers. Obviously, that was rejected.
August home prices strong in Jersey as well according to the most recent CoreLogic HPI released this morning.
August 2013 – Year over Year
New Jersey (statewide) – Up 5.0% including distressed, Up 5.2% excluding distressed
New York-White Plains-Wayne, NY-NJ MSA – Up 8.8% excluding distressed, up 9.1% excluding distressed
@MotherJones: “The Republican Party is marginalizing itself to the brink of extinction.” http://t.co/cgwJRTv2kO via @nationaljournal
Is the government shutdown? I couldn’t tell.
Wall Street appears to like the shutdown as well. Only sheep see a story here. The rest of us know it’s only political posturing.
Do we get a tax rebate for the days they are closed? Hell, no taxation without representation.
What a bunch of wankers.
#21..you owe less in the future…..
I am still stunned from learning rabbis make $300k! parish priests make about $30,000
Thought everyone was a rabbi, something to do with not paying property taxes because you can declare your house a parsonage.
Hell, I’m an idiot for not becoming a rabbi already. Mazel Tov, F&ck you, Pay me.
http://www.judiciary.state.nj.us/taxcourt/08585-07opn.pdf
(I suppose I should be an equal opportunity assh*le here, I’m sure there are plenty of backwoods bible belt “ministers” that do the same thing. I’d gladly see all these exemptions eliminated completely. Didn’t Rick Warren get in trouble for this?)
Don’t leave out the part where they slashed his tires, smashed out his windows, then beat him silly for running over their friends. A little bit of street justice over in NYC.
14.chicagofinance says:
October 1, 2013 at 8:53 am
clot training video for end of days NYC…..
https://www.youtube.com/watch?v=wNOyDMzn2bY
How do I become jewish?
“I am still stunned from learning rabbis make $300k! parish priests make about $30,000”
I don’t even belong to a temple. I called all of the local temples in the area to see if they would let me pay a la carte for Gator Jr’s Hebrew School. I pledged not to use the temple or any other temple services. None would do it. I was not about to pay $4,000 or so per year so my son can be indoctrinated as I was. He will learn the culture from me at home, mainly on Jewish holidays. If he wants to have a bar mitzvah, he can take lessons when he is 12 from a rabbi for hire. We’ll join the temple for a year and then like me, he can believe in what he wants to believe. Religion is a crock anyway.
#27….it seems my parents handled the hard part for me…..
on second thought…
28.Libturd in Union says:
October 1, 2013 at 9:24 am
“I am still stunned from learning rabbis make $300k! parish priests make about $30,000″
I don’t even belong to a temple. I called all of the local temples in the area to see if they would let me pay a la carte for Gator Jr’s Hebrew School. I pledged not to use the temple or any other temple services. None would do it. I was not about to pay $4,000 or so per year so my son can be indoctrinated as I was.
Brian,
Normally you would have to be snipped. Of course there is an ultra liberal temple in the PRM where the rabbi will come over your home to proclaim your Jewishness even if you choose to keep your foreskin. Though you still have to pay your temple fees. Foreskin, fine, deadbeat, not so much.
Brian, Congress never was “exempt” from the ACA. Thats not what the bill was about yesterday.
Brian [9];
Quoting from CNN:
It is a highly unusual state of affairs for a national party — especially one that can deploy the President as its fundraiser-in-chief — and it speaks to the quiet but serious organizational problems the party has yet to address since the last election, obscured in part by the much messier spectacle of GOP infighting.
The Clinton News Network pulls a “LOOK! A SQUIRREL!”. What exactly does current GOP ‘infighting’ have to do with the DNC’s money problems? Nothing, but CNN knows its audience will take the bait.
I think you are more of a jew if you are too cheap to join a temple.
Libturd in Union says:
October 1, 2013 at 9:24 am
“I am still stunned from learning rabbis make $300k! parish priests make about $30,000″
I don’t even belong to a temple. I called all of the local temples in the area to see if they would let me pay a la carte for Gator Jr’s Hebrew School. I pledged not to use the temple or any other temple services. None would do it. I was not about to pay $4,000 or so per year so my son can be indoctrinated as I was. He will learn the culture from me at home, mainly on Jewish holidays. If he wants to have a bar mitzvah, he can take lessons when he is 12 from a rabbi for hire. We’ll join the temple for a year and then like me, he can believe in what he wants to believe. Religion is a crock anyway.
According to FEMA, 20 percent of those with flood insurance are subsidized by others. In New Jersey, however, that number is 37 percent.
“New Jersey’s coastline and river have been a good place to live for many years, we have homes from the 20s, 30s, and 40s, 50s, and 60s, that are still habituated.”
Homeowners will see increases of 25 percent to their annual premiums and “they will continue seeing 25 percent annual increases until they achieved a full risk rate or actuarial rate,” says Ardito.
Ardito says the increases could go on for several years, but it isn’t known exactly until the homeowner submits an elevation certificate. He says to avoid the increases in premiums, homeowners should mitigate; either raising the home, filling in the basement, or fulfilling the standards put in place for their property.
JJ…exactly. Though on some level, I probably should be offended.
grim,
Seriously, why isn’t there more inventory? People can sell quickly and the prices are up. Couple that with a slightly higher interest rate to create urgency so, why aren’t sellers hopping?
When I used to ride in NYC there were a couple of gangs of biker chicks on rice rockets. Anyone of them could beat you in a race on Dyckman Street and the West Side Highway, and then kick your butt in a street fight. You know the rule about Crazy right?
Maybe exempt was the wrong term. But they do recieve subsidies, even though most of them have salaries that would exceed the threshold for those subsidies. The House put together another bill yesterday that offered to delay the ACA by a year, and would remove the subsidies for Congress, the Whitehouse, and all staffers.
http://www.usatoday.com/story/news/politics/2013/09/30/shutdown-looms-as-senate-comes-back/2896389/
The House provision on insurance subsidies was a reaction to an Office of Personnel Management decision to provide members of Congress and their staffs the same amount of money they get now as part of the federal employees insurance system to pay for policies they will now have to buy on local exchanges, which are state websites where people can shop for and buy insurance.
“There should be no special treatment for the well-connected under ObamaCare. Delaying the individual mandate and withdrawing special exemptions for Congress is the fair thing to do,” House Majority Leader Eric Cantor, R-Va., said in a statement.
32.Pete says:
October 1, 2013 at 9:31 am
Brian, Congress never was “exempt” from the ACA. Thats not what the bill was about yesterday.
Need a little help from the board. I am looking for my first interview suit in years. Nothing crazy, but need something of an upgrade over the Marshall’s special. Where’s the best place to go? I work in Essex county and live in Ocean. So anywhere in between.
re # 39 – You forgot about the Attending Physician in Congress, no need to wait in line for Obamacare for Congress.
Office of Attending Physician (OAP)
http://abcnews.go.com/print?id=8706655
Members of Congress do not pay for the individual services they receive at the OAP, nor do they submit claims through their federal employee health insurance policies. Instead, as of 2009, members pay a flat, annual fee of $503 for all the care they receive. The rest of the cost of their care is paid for by federal funding, from the U.S. Navy budget. The annual fee has not changed significantly since 1992
prtraders,
Just don’t go to Men’s Warehouse or any of those giant suit shops. Their suits are trash and their tailoring is worse. There are plenty of mom & pop suit places around. They will have a variety of quality and they will measure you and tailor your suit appropriately. It may cost you $100 more, but the suit will fit you right and it won’t fall apart, ever.
The interview suit is such a 90’s concept. If you are looking for a job in which you must interview in a suit then you are probably going to be replaced by robots soon.
I haven’t worn a suit since I got married in 1990.
I would just go for a nice shirt with a collar and dress slacks and call it a day. At least those you can wear at some later point in time. Seriously, call the HR department where you are interviewing and make sure a suit isn’t overkill for the situation. Nothing screams out of place when the whole office is in dress casual all the time and you walk in better dressed than the boss.
nicholas,
Where do you live?
44. eddie wants to come over and slap you.
Wear a suit. I wouldn’t follow this advice. When I was going for interviews in 2008 one hiring manager said to me he appreciated that I wore one. Quite a few people showed up dressed like slobs. It’s disrespectful not to.
43.nicholas says:
October 1, 2013 at 10:22 am
The interview suit is such a 90′s concept. If you are looking for a job in which you must interview in a suit then you are probably going to be replaced by robots soon.
I haven’t worn a suit since I got married in 1990.
I would just go for a nice shirt with a collar and dress slacks and call it a day. At least those you can wear at some later point in time. Seriously, call the HR department where you are interviewing and make sure a suit isn’t overkill for the situation. Nothing screams out of place when the whole office is in dress casual all the time and you walk in better dressed than the boss.
This may be a tad out of control:
http://www.nj.com/ocean/index.ssf/2013/10/private_school_expenses_put_lakewood_schools_in_huge_hole.html#incart_m-rpt-1
Huge private school expenses put Lakewood district in $4M hole
LAKEWOOD — Lakewood’s school district is facing a $4 million shortfall, fueled mainly by transportation and special education costs associated with private school children.
Board President Carl Fink tells the Asbury Park Press the district is broke and will seek help from the state and Ocean County.
Lakewood is providing transportation to more than 30,000 students who attend 103 different schools. The district offered bus services to about 19,000 private school children last year.
That compares to about 5,500 public school children in six schools.
Transportation services coordinator Gus Kakavas says the district could save $2.5 million if private girls’ schools would dismiss at the same time and boys’ schools dismiss at another. But the school owners won’t change dismissal times
Hey, I am having great difficulty believing that there is a real recovery.
I know of several companies that are laying off large numbers of workers (in pharma, pharma-related, publishing, 1 small tech company) by the end of the year. And today Merck announced major lay-offs.
Recruiters are telling my husband that it’s basically dead out there in the NJ/NY metro area for both real and contract jobs.
Are you sure there is a recovery in NJ?
I vote suit as well unless it is non-traditional or super techie like a Google, etc….
You could try your birthday suit if you want to leave an impression.
wear a suit
Can anyone recommend a good tailor…..I have some good suits from about 10 years ago that need to be adjusted because of my flabby a%%…..
Sima,
I think we have a year long frenzy based on 4 year decimation. It is not sustainable bc the “already haves” were made whole Bernanke. There are millions with loose or negative employment situations. They are needed for longer term recovery. The “have nots” can only be made whole by no money down and shady lending. Bernanke is working on this and welcome to supernova housing bubble. This will be the final nail for this country.
Sima,
There is no recovery. Working 25 hours per week @ $9.00 per hour through a temp agency means you’re employed. We’re powerless to do anything about it but slog through. Merck plans to be 20% leaner by 2015.
prtrader:
Nice upgrade (but modestly priced) from Marshalls are suits at Lord and Taylor and Macy’s. They will be having very good sales for the next 2 weeks (Columbus Day).
And the next step up after that is Nordstrom and Bloomingdale’s. Plus all 4 should have inhouse tailors. Moderately priced suits will be under $800.
Next step up after that will be about $1000. dollar suits (Nordstrom’s has good examples at all price points – budget, middle, high-end)
The guy who brake checked the SUV in the beginning of the video is from Passaic county.
http://www.nj.com/news/index.ssf/2013/10/passaic_motorcyclist_charged_in_attack_on_suv_driver_following_nyc_accident.html#incart_river_default
Certainly not in Pharma.
48.Sima says:
October 1, 2013 at 10:39 am
Hey, I am having great difficulty believing that there is a real recovery.
I know of several companies that are laying off large numbers of workers (in pharma, pharma-related, publishing, 1 small tech company) by the end of the year. And today Merck announced major lay-offs.
Recruiters are telling my husband that it’s basically dead out there in the NJ/NY metro area for both real and contract jobs.
Are you sure there is a recovery in NJ?
grim,
See my post at #37. The conditions are ripe for more inventory. Where is it?
In about-face, Merck will shutter Summit campus and make Kenilworth its headquarters
http://www.nj.com/business/index.ssf/2013/10/in_an_about-face_merck_says_it.html#incart_river_default
I’m a CPA looking for a similar position, so a suit is appropriate in my estimation. Thanks for the input all.
FREE HAM!!!!
Libturd in Union says:
October 1, 2013 at 9:46 am
JJ…exactly. Though on some level, I probably should be offended.
Try to hit Jos Bank on a huge sale day, put a roll of quarters or a pair of socks in your underware and flirt with sales girl to get her discount.
Some commenters online are suggesting this is because Summit would not approve plans for the helipad they wanted to install…
59.Brian says:
October 1, 2013 at 11:22 am
In about-face, Merck will shutter Summit campus and make Kenilworth its headquarters
http://www.nj.com/business/index.ssf/2013/10/in_an_about-face_merck_says_it.html#incart_river_default
Jos A Bank is vastly overpriced for not so great stuff – it’s only worth buying from them if there is a super sale.
Jewish dilemma……50% off Taylor Ham sale……
JJ the Welfare Queen says:
October 1, 2013 at 11:45 am
FREE HAM!!!!
Libturd in Union says:
October 1, 2013 at 9:46 am
JJ…exactly. Though on some level, I probably should be offended.
Libturd still cracks me up…..
Kenilworth planning board approved a helicopter pad for Merck. Summit passed an ordinance against after the Hospital wanted one. Any questions?
But the Mayor of Summit is Shocked! He thought Merck would thank him with more jobs!
http://www.nj.com/independentpress/index.ssf/2013/10/merck_will_leave_summit_by_201.html#incart_m-rpt-1
67.Juice Box says:
October 1, 2013 at 12:29 pm
Kenilworth planning board approved a helicopter pad for Merck. Summit passed an ordinance against after the Hospital wanted one. Any questions?
47
Hasidics run Lakewood, and send all their kids to private school while keeping the local school budget as low as possible.
Completely normal to Lakewood buses running around on Thanksgiving, Christmas, etc. I’m guessing at least double time for those drivers.
Too cheap for a Temple? That and the culture at most temples is off the charts obnoxious.
I have some Jos A Banks suits I got in a super sale. Decent quality, comfortable, and hold up well enough for the 3 times a year usage.
A man who was involved in the initial accident that erupted into an attack on a New York City motorist was in police custody Tuesday, the Associated Press reports.
Christopher Cruz, 28, was arrested and charged with reckless endangerment, reckless driving, endangering the welfare of a child and menacing. He was not injured in the accident.
The incident started Sunday as Alexian Lien, 33, was riding with his family along a New York City highway and accidentally bumped into Cruz’ motorcycle when the bike cut him off and slowed down in front of him. After the two pulled over, a confrontation began and about 20 to 30 bikers began to surround them. One of Lien’s tires were slashed and he was pulled out of the vehicle and attacked. He jumped back in the SUV and the bikers allegedly chased him for 50 blocks.
Police said another biker suffered broken legs after the Lien’s vehicle ran over him. Although police believe the conflict arose from reckless driving on Lien’s part, he was not charged with any crime. He was treated at a nearby hospital for cuts on his face. His wife and child were uninjured.
71. Marshalls has some amazing suits. Boss, Klein, etc. get the good stuff cheap and get it altered.
Essex,
I finally agree with you. I am less bothered by the fact my son will be raised without a faith than I am bothered by the business that my faith has become. At least I am willing to put my money where my mouth is. So few do.
72. I find myself feeling sympathetic to the bikers. Plenty of d1ckheads in cars and SUV’s have nearly killed me or my fellow riders on the road. The guy in the SUV used lethal force against them….. The bikers aren’t innocent but I can understand why they were so p1ssed off.
Street justice.
#40 prtraders says:
In Little Falls on Rt. 46, try Sarar. Not cheap, but good quality.
It is right by all the auto dealers and across from the Fairway.
Well after dodging falling airplanes and hoardes of zomified civil servants I made it into the office.
Street justice is BS but can totally understand the bikers point of view I gave up my bike eons ago because it was too dangerous for me. Drivers just do not care in this area or pay attention.
“I find myself feeling sympathetic to the bikers. Plenty of d1ckheads in cars and SUV’s have nearly killed me or my fellow riders on the road. The guy in the SUV used lethal force against them”
Lethal force is justified when your own life is threatened (not to mention the lives of your wife and 2 year old daughter). You know, like when you’re surrounded by a pack of thugs on motorcycles slashing your tires and trying to get into your vehicle.
The smart thing to do would have been to call 911, drive 100 feet, stop, wait for a batch of motor-monkeys to surround the vehicle and attack, drive over them, do a few donuts, and then continue for another 100 feet. Rinse and repeat. Sooner or later they cops would have shown up, or Darwinism would have worked its magic.
For every biker I see driving safely (normally), I see one that feels that laws do not apply to him. I agree, one must be on crack to ride today as drivers don’t pay enough attention to the road. But nothing gets my goat worse than when a biker passes me on the dashed lines between lanes and then weaves in and out of traffic like the frog from Frogger.
I feel the same way about cyclists. I yield to them like a mother fcuker. But most of them don’t even stop at lights or at stop signs and make no attempt whatsover to share the road equitably.
On the highway, at full speed, its stupid and dangerous to ride your bike that way but technically not illegal in NJ. It’s called lane splitting.
Califoria allows it. I think it is meant to be used in bumper to bumper traffic to alleviate congestion.
Some states outright ban it, but NJ makes no mention of it, so it is technically not illegal. I think NY has laws that delcaare it illegal.
79.Libturd in Union says:
October 1, 2013 at 1:22 pm
For every biker I see driving safely (normally), I see one that feels that laws do not apply to him. I agree, one must be on crack to ride today as drivers don’t pay enough attention to the road. But nothing gets my goat worse than when a biker passes me on the dashed lines between lanes and then weaves in and out of traffic like the frog from Frogger.
I feel the same way about cyclists. I yield to them like a mother fcuker. But most of them don’t even stop at lights or at stop signs and make no attempt whatsover to share the road equitably.
I think some of those bikers were definitely trouble makers Christopher Cruz for example who break checked the SUV and was bumped and started the whole thing. The SUV driver however used deadly force to run over a basically a bystander. I am still waiting for the race card to be played. Al Sharpton is bound to make a statement at any moment.
All I’m saying is Lien (the SUV driver) should be charged too. Neither side is innocent.
77.Painhrtz – Disobey! says:
October 1, 2013 at 1:10 pm
Well after dodging falling airplanes and hoardes of zomified civil servants I made it into the office.
Street justice is BS but can totally understand the bikers point of view I gave up my bike eons ago because it was too dangerous for me. Drivers just do not care in this area or pay attention.
“The SUV driver however used deadly force to run over a basically a bystander.”
Yeah. Because when you and your gang of thugs surround a car for the purpose of slashing its tires and dragging its occupants out of the vehicle, you’re just a bystander.
I’m sure the “innocent bystander” was eating Skittles and sipping on some iced tea too.
re # 83 – If you take the time to see what actually happened in the very beginning of the video, you see the man in the Range Rover cut off some bikers riding beside him and they go down to the ground. He kept driving and then was break checked by the guy from Passaic and it escalated from there. I am not saying they weren’t menacing or committing illegal driving acts but you cannot run down somebody and just speed off. There will be more charges and Al Sharpton is due out in-front of a TV camera soon.
[84] What video are you watching?
http://www.youtube.com/watch?v=wNOyDMzn2bY
I’ve watched the first 30 seconds of this thing several times after reading your post, and I don’t see the SUV driver hit anyone or knock anyone to the ground. At around 30 seconds, a motor-monkey rides up in front of the SUV and hits his brakes, causing the SUV to hit him. That’s what I see, and that’s what I have heard the police concluded as well.
http://www.nj.com/news/index.ssf/2013/10/passaic_motorcyclist_charged_in_attack_on_suv_driver_following_nyc_accident.html
Wish he would have taken out more of the effers.
Did the SUV have one of those Russian dash-cams in it? I might need to invest in one of those. I’ve seen one for $50 that includes a downloadable GPS bread crumb trail.
The post is now reporting that one of the biker’s spine was crushed and that it’s likely he is paralized.
The SUV driver was not charged, the biker(s) were.
“The post is now reporting that one of the biker’s spine was crushed and that it’s likely he is paralized.”
That’s why they call motorcycles, “donor cycles”.
[87] “Damn it feels good to be a gangster . . .”
http://nypost.com/2013/10/01/cops-bust-bike-thug/
JJ, what’s the purpose of owning 10 homes and being considered wealthy, if you live in a 400,000 dollar split? What’s the point of being wealthy and living like a poor man? These kind of people blow my mind, it’s completely worthless to be wealthy and live like a poor man. Why have all that money, if you don’t spend it? No point at all.!!
It’s too bad the guy in the RR didn’t brake check during the pursuit, then he could have watched a bunch of them go splat.
In Lawrence school district in Long Island whole school board are orthodox jews who dont sent their kids to school there. They say no to everything. As people flee district they have been selling the school buildings.
Their best this year is a severely handicapped kid who was not jewish could not attend school as he need a special desk and they refused it for a few years. Finally, next school district donated it to the family so he could go to school. It was win win for them, by not paying for the desk they dont have to pay for his school.
This year they opened they school district later due to Jewish holidays. They denied busing to Catholic schools as they got a rule passed that busing for private schools can only be paid for on days public schools are open but public schools follow jewish holidays not catholic holidays so they get off with stiff the catholics on busing for two years.
They say the Orthodox although they have no school in district have right to control the school board as their religion and fact they have no kids in district dont matter. Funny I bet if I applied to be on the board of the Yeshiva school near me they would say I am not jewish nor have kids in the school so no way
Hughesrep says:
October 1, 2013 at 12:47 pm
47
Hasidics run Lakewood, and send all their kids to private school while keeping the local school budget as low as possible.
Completely normal to Lakewood buses running around on Thanksgiving, Christmas, etc. I’m guessing at least double time for those drivers.
I am like Mr. Crabbie, I take my money out at night roll in it and put it back in the vault.
People like me who grew up dirt poor have an immense fear of losing their money. Kinda like depression era people. I also have a fear of loans. I recall my mother had a small mortgage and when she was widowed that thing was a ball and chain.
I bet 99% of people in fancy towns cant afford a 400K split. Meaning these folks write checks out of checking account to buy houses. All in it is like 450K to buy, close and do a light renovation on a 400K split.
When I used to work in the bank it was always shocking old dirty folks would come in in beat up cars to roll their six figure cds while the good looking guy in the BMW would be coming in for a loan.
Michael says:
October 1, 2013 at 3:16 pm
JJ, what’s the purpose of owning 10 homes and being considered wealthy, if you live in a 400,000 dollar split? What’s the point of being wealthy and living like a poor man? These kind of people blow my mind, it’s completely worthless to be wealthy and live like a poor man. Why have all that money, if you don’t spend it? No point at all.!!
Hey, where’s my f.ucking free healthcare!
BTW what is your definition of wealthy? It varies greatly. Some folks think a 100K job is rich, some folks think 200K and 500K in bank is rich. Some folks think 5 million or 10 million is rich.
Me personally I think if you can have a job that pulls down regularly one million or more a year you are rich. WHY, because even with ten million on bank, unless you are bringing in a big paycheck you will piss through that money if you spend big you need the cash coming in.
Michael says:
October 1, 2013 at 3:16 pm
JJ, what’s the purpose of owning 10 homes and being considered wealthy, if you live in a 400,000 dollar split? What’s the point of being wealthy and living like a poor man? These kind of people blow my mind, it’s completely worthless to be wealthy and live like a poor man. Why have all that money, if you don’t spend it? No point at all.!!
Can someone explain to me why it is necessary to go out of your way to erect barriers and caution tape around an open air memorial that has no doors? What money did that save? Sounds completely political and symbolic.
U.S. Veterans Pass Barriers at Closed WWII Memorial
http://abcnews.go.com/US/wireStory/veterans-pass-barriers-closed-wwii-memorial-20433756
No better endorsement for why you should own a range rover in an urban area.
good riddance to those thugs
very impressed at the height that thing rises up as it tackles the obstruction
tom wolfe would be proud
Here you go kids. Let’s see how “affordable” the Affordable Healthcare Heist really is:
http://kff.org/interactive/subsidy-calculator/
95. Fake it til you make it. Being old and dirty is still being old…. And dirty btw.
#98
Sales would jump if they made that video their next commercial.
queen: jeeves – good show old chap! play it again
jeeves: yes your highness, good show indeed
queen: did it come from prestige range rover in paramus new jersey?
jeeves: why yes, the whole royal fleet!
queen: perhaps we should buy price george a new evoke?
jeeves: right on it your majesty!
To be fair the last 10 years it was great being a debtor. The real suckers who got screwed were the guys with CDs earning 80bps.
I dont really aspire to be the multi millionaires living in the cheap house though. Probably leave it to the kids who’ll piss it away, or donate it, not much point.
It would be nice having a spare mil or two just for security so you’re never afraid of getting fired and know your family will be relatively secure no matter what happens. That is what I aspire to.
>When I used to work in the bank it was always shocking old dirty folks would come in in beat up cars to roll their six figure cds while the good looking guy in the BMW would be coming in for a loan.
Scrapple is right, the world is ending….
http://www.nydailynews.com/news/world/mom-held-son-step-father-rape-article-1.1469502
A despicable French mom who held her 4-year-old son down so he could be raped by his step-dad in a prison visiting room has been sentenced for 20 years.
Sabrina Bonner, 25, blindfolded the young boy during several visits to the Toul detention center between 2009 and 2010 so partner Lionel Barthelemy, 31, could have sex with him.
The sick couple, who had a “sado-masochist relationship,” pinned black trash bags against the windows so no-one could look in.
They also filmed the vile scenes on a cellphone — which Barthelemy, imprisoned for violence since August 2009 — kept so he could watch while alone in his cell.
Can’t stand Chase. Been trying to get the underwriter to add 5 numbers for four straight weeks. Apparently, addition is an essential skill at Chase.
check that “isn’t”
Eddie [95];
You can’t have it because the enrollment websites all crashed. Not ready for prime time, I guess. This sounds like Spiderman: The Musical — they spared no expense, but for some reason people keep bouncing off the stage.
My company had to switch carriers this year to keep the increase down to 20%. That’s on top of a similar increase last year in anticipation of Obamacare. But we got a letter saying out plan is now Obama-care compliant. I can sleep well knowing I no longer have to pay for estogen birth control pills or sex change operation — my leftist-compliant health care plan has me covered. That’s worth the money, right?
Depends on CDs they are rolling I had a few old folk who laddered ten year treasuries.
I ladder long. I have been laddering since the 1990s. I still have 30 year NY Munis issued 1991 at 7.75%. In 2021 they mature.
Also broker dealer cds trade in secondary. And are FDIC insured. Years ago I used to buy ten year 9% cds for my Mom and sell them a few years in for a profit to boot.
Folks who go short on CDS less than 5 or kept it in saving or money market are dead meat. Five years since Lehman and Five years of record low rates. Folks who even do ten years are dead too. As they locked in low in 2003 maturing in 2013.
I had one old guy at bank he rolled 30 year treasuries. He is long dead. But he was doing it forever. His interest stream in 1986 was mad mad mad.
My wife did math and even though I paid cash, it will take us 16 years at current rent to make back 100% of purchase price. The bank wanted 40% down anyhow so max mortgage I could have taken was around 170k. I was going to do 100K home equity loan on house. I had an SBA rate set up and a 1.99% HELOC but I got boxed out of that. Loans on my primary is considered aid. I have a grant pending to finish my Sandy repairs and that would disqualify me. Plus I got a super cheap flood rate after Sandy. $400 a year on my primary. But by law they raise it 20% a year till I am at full risk rate. Which means in around 6-9 years I have to drop flood insurance and with a mortgage I cant drop flood insurance. So I did not want to pay all that money for nothing.
Uncle Sam and FEMA have set up a bizzaro world in my Sandy grant. Money in bank, stocks, bonds, second home is not considered in your grant as available assets to fix your home. However, Loans are. I have 100K in bank to them I have zero but a 100K loan on house I have 100K.
NYS is giving me the craps. I am on track to be 100% reimbursed for my Sandy damage.
BTW I have a few million laying around, I aint giving a nickle to the kids. Planning on putting it in a trust for my grandkids payable on their 75th birthday. I need some compounding to turn that money into billions.
Richard says:
October 1, 2013 at 4:30 pm
To be fair the last 10 years it was great being a debtor. The real suckers who got screwed were the guys with CDs earning 80bps.
I dont really aspire to be the multi millionaires living in the cheap house though. Probably leave it to the kids who’ll piss it away, or donate it, not much point.
It would be nice having a spare mil or two just for security so you’re never afraid of getting fired and know your family will be relatively secure no matter what happens. That is what I aspire to.
>When I used to work in the bank it was always shocking old dirty folks would come in in beat up cars to roll their six figure cds while the good looking guy in the BMW would be coming in for a loan.
You know, of course, that JJ has a tremendous fear of aging.
I wonder if he’s already wearing a Donald Trump style toupee?
I am lucky. I am on no pills of any kind and never spent a night in a hospital. In perfect health, now that I said that god will hit me with a thunderbolt
Sima says:
October 1, 2013 at 5:33 pm
You know, of course, that JJ has a tremendous fear of aging.
I wonder if he’s already wearing a Donald Trump style toupee?
JJ is the quintessential Irish jew.
http://finance.yahoo.com/news/detroit-defaults-more-600-mln-220743170.html?l=1
Hey Barry, where’s the money? We need it over hear in Detroit.
NBC News | October 01, 2013
Mom of West Side Highway biker: ‘He’ll never walk again’
Yolanda Santiago fights back tears as she speaks with WHDH about her son, one of the motorcyclists who remains in a medically-induced coma after allegedly being run over by the driver a black Range Rover during an altercation on New York City’s West Side Highway. “He’ll never be able to walk again,” she says.
Did they all have license plates? I did not see many? Were those legal bikes?
[114] Society is better off when thugs are crippled. He’s a real badass now.
#9 Brian,
The GOP did the same with the McCain run.
#12
The GOP are running the same games as “Stop Scrap and Start Over” Didn’t work in 2010, what makes them think its going to work now.
#31 Lib
When my son was born at St Barnabas in Livingston, I had to be ever vigilant to ensure he came out of there uncut. I even went to the point of writing on his records with a Sharpie. Lots of times I was asked, “Would you like me to take care of that now?” or “Are you waiting for the Rabbi?”
#100 Fast Eddie
So Bebo with a wife and two kids earning the poverty level in Jersey City pays 5% costs. Seems fair to me.
Household income in 2014:$23,550
Unsubsidized annual health insurance premium in 2014:$9,751
Maximum % of income you have to pay for the non-tobacco premium, if eligible for a subsidy:2%
Amount you pay for the premium:$471 per year (which equals 2% of your household income and covers 5% of the overall premium)
You could receive a government tax credit subsidy of up to:$9,280
(which covers 95% of the overall premium)
5% equals fair?
Subsize the cost, the price increases.
Why isn’t the whole lot of riders being charged as accessories to the assault?
[85] renter,
Which one was Toecutter?
dead cool show, again… THANK YOU!
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