From the Record:
N.J. continues to lag nation on clearing foreclosures
New Jersey led the nation in foreclosure starts in the first quarter, as the state continues to grapple with the fallout from the housing crash, the Mortgage Bankers Association said Thursday.
About 11.5 percent of New Jersey mortgages were either in foreclosure or late on payments in the first quarter, almost double the national average of 6.5 percent, the MBA said.
While national foreclosure rates are back to pre-recession levels, New Jersey’s court system is still dealing with a large backlog of distressed properties. Last year, almost 36,000 residential foreclosures were filed in the state. So far this year, an average of about 2,500 foreclosures have been filed each month, according to the state Judiciary.
Mortgage troubles don’t just affect the homeowners involved, said Patrick O’Keefe, an economist with the accounting firm CohnReznick in New York and Roseland. They also “influence the value of neighboring properties,” he said, because homes in foreclosure tend to be poorly maintained and sell at a discounted price. That affects appraisals and prices of nearby homes.
The national foreclosure and delinquency numbers in the first quarter reflect “a consistent downward trend that began in the second quarter of 2012,” according to Marina Walsh, an MBA vice president.
…
A check of the properties heading for foreclosure auction in North Jersey showed many properties in lower- and middle-income places like Hackensack, Garfield, Elmwood Park and Paterson, with unpaid mortgages in the $100,000 to $300,000 range.But more affluent towns have not been immune. Lenders have filed foreclosure actions against properties with million-dollar mortgages in Allendale and Upper Saddle River, as well as an Alpine home where $2.6 million is owed.
Good Morning New Jersey
Merci pour nous donner autant de bonheur !
@nytimes
“Trump’s excuse that he can’t release his returns
while they’re being audited is an obvious lie”
via @nytopinion
“With more education, these skilled, experienced workers have become more valuable to employers. In 1985, workers tended to earn the highest salaries of their careers in their 40s, the Center for Retirement Research study found. By 2010, those peak earning years had shifted from the 40s to the 50s. All age groups older than 50 earned more than they did 25 years earlier, with those in their late 60s making 30 percent more. Workers under 50 earned less than they used to.”
http://www.bloomberg.com/news/articles/2016-05-13/-i-ll-never-retire-americans-break-record-for-working-past-65
I think it’s a vast right wing conspiracy
GOP’s broken (the good one) says:
May 13, 2016 at 7:56 am
@nytimes
“Trump’s excuse that he can’t release his returns
while they’re being audited is an obvious lie”
via @nytopinion
I’d like to see Hillary’s GS transcripts. What’s to hide?
I’d like to see Hillary’s GS transcr1pts. What’s to hide?
Pumkin. I sure hope Im not stuck at 65 working. From what I have seen you only have 10 active years. After that your body slows down and life becomes a constant medical trip to doctors.
@realitysucks
“Liberals need affirmation in order to soothe the wounds of their failures.”
Fight for $15! (it’s really a conspiracy created by kiosk manufacturers)
http://www.thegatewaypundit.com/2016/05/congrats-strikers-wendys-now-moving-self-service-kiosks/
[10] DFENS
“it’s really a conspiracy created by kiosk manufacturers”
Not created but definitely welcomed by them. For me, the real issue is that we have a massive surplus of anon-types who can’t pass a drug test or think beyond an internet meme. Now some of them will have decent paying jobs (for them anyway) while the rest will get welfare or other transfer payments.
Meanwhile, there are plenty of good jobs that require skills but no one has them, and those that do can’t pass the drug tests.
And most of these folks are voting Sanders or Clinton. Some are voting Trump, I would wager, but damned few.
Sadly, in the idiocracy, the anons of the world will think that they have power but they are being handled.
10-
http://www.thegatewaypundit.com/2015/06/mcdonalds-announces-its-answer-to-15-an-hour-minimum-wage/
12-
“This is exactly what the left pushed for… Fast food chains were never meant to be a place for someone to raise a family of 6, they were to be part time positions with some full-time advancements. Mostly the fast food restaurants were for school aged kids to learn how to interact with people, with a job, to offer spending money, and to begin responsibility learning for their future.”
The handlers on the left(Clinton, Sharpton, etc.) are in favor of anything(minimum wage, illegal immigration) that secures them a permanent underclass of disenfranchised voters. They welcome the kiosks with open arms.
Is Trump going to pick Christie? Thoughts.
$15 minimum wage is great for large chains like Wendy’s and McDonalds. They can afford to invest in kiosks.
Small startup restaurants and shops who wish to compete are most hurt by $15/hr minimum wage. It becomes costly just to hire a few 16 year old kids to help you sell your $5 hamburgers.
15 – What do conservatives think of him (Christie) outside of NJ?
I’m leaning toward no.
WOW just WOW!!
George Zimmerman: Bidding for Gun Owned by Man Who Fatally Shot Trayvon Martin Tops $65 Million
Re: Title post;
“Mañana”
#12
Machine Kiosk was going to take over the jobs with or without minimum wage increase.
Now we wait for the Robo to replace the Doctors. I heard they make precise incision without the aid of a Medical Doctor
Lets talk about the high paying jobs Wall Street is replacing with Computers
Yo [18];
It may get 7 figures. I’m not sure how the bidding is being conducted (automated E-bay style free-for-all, or pre-qualified bids and bidders) but $65 MM is most likely some leftist SJWs F***ing around with the bidding system.
TD Bank is getting rid of the Coin Changer and planning a mass lay off. Being replaced by AI
Munibond Friday…….dedicated to clot:
15m
NJ EDA
Peddie School
5 3/8 due 2/1/23
No insurance
Underlying AA2 AA+
Con’t [22];
To my point: ” The top bidder at one point used the screen name “Racist McShootface.” ”
They are SOOO so clever, aren’t they. It is to laugh.
[23] Yome
The penny arcade as it was called was a holdover from the Commerce Bank acquisition, and it has been dinged recently for not being accurate.
I have TD accounts. They tell customers to use Coinstar and they will reimburse for the fees. But I am betting that this is only until they phase out the penny arcade counters.
Too bad. My kids loved that machine.
[22] moose
I’m looking forward to when the right wing groups start organizing SJW hunts.
Pull up a chair and some popcorn and watch the fun.
I say we give them all $15 an hour and the bathroom of their choice. After all, money isn’t important, culture is!!!
“Graduates Prioritize Workplace Culture and Growth Opportunities over Compensation
The majority of the class of 2016 (70 percent) would rather work at a company that provides an employee experience built on a positive social atmosphere and receive a lower salary – up 10 percent on last year’s graduating class. They are also passionate – 69 percent chose their area of study because they were passionate about it – and want to work for companies that do good. Almost all (92 percent) of 2016 graduates said it is important to be employed at a company that demonstrates social responsibility. Salary and benefits aside, 30 percent of 2016 graduates said they believe opportunities to make a difference or meaningful work are important for an employer to offer. . . .”
(source: Accenture)
[24] chifi
that reminded me how much I miss JJ.
Wow…Trump might be the most dishonest candidate we have ever witnessed run for POTUS. I guess that makes him more qualified than Hillary? He doesn’t even deny that he lies. This is going to be some clown show of an election. I am simply embarrassed to be an American these days. Costa Rica can’t come soon enough.
“The majority of the class of 2016 (70 percent) would rather work at a company that provides an employee experience built on a positive social atmosphere and receive a lower salary – up 10 percent on last year’s graduating class.”
Ask them this same question three years into their professional careers. Bet that number drops to about 10 percent.
I tried billfixers dot com today on my Verizon Fios and Phone Bill. We have three iPhones the 12GB plan, a high-def DVR, two cable boxes, Showtime and 25/25 internet plus the free land line. Currently, we pay $304 monthly (though one iPhone is still on 2-year contract). Reupped the two older ones directly through Apple. Sweet deal with the Discover It Card 10% cash back. Once the contract ends, will save save $20 more a month. Will let you all know how they do.
They are trolls trying to wreck his auction.
The top bidder’s handle was “Racist McShootface”
yome says:
May 13, 2016 at 12:25 pm
WOW just WOW!!
George Zimmerman: Bidding for Gun Owned by Man Who Fatally Shot Trayvon Martin Tops $65 Million
Couldn’t disagree more. I’m looking forward to it. It will be like having JJ for president.
Libturd questioning the gender of Hillary’s Cankle fluid. says:
May 13, 2016 at 12:58 pm
Wow…Trump might be the most dishonest candidate we have ever witnessed run for POTUS. I guess that makes him more qualified than Hillary? He doesn’t even deny that he lies. This is going to be some clown show of an election. I am simply embarrassed to be an American these days. Costa Rica can’t come soon enough.
“So yes, the Knights Templar are more interesting as protectors of an ancient secret, rather than single men who gave out loans. But if you tell the more sensational tale, you cover up the real story: that sometimes leaders are greedy, and they make false accusations. And sometimes people make things up to give recent phenomena like Friday the 13th a more profound, historical origin.”
http://news.nationalgeographic.com/2016/05/160512-friday-13-knights-templar-superstition/
“Retail sales climbed in April by the most in 13 months, abruptly ending an early-year letdown in spending that caused a first-quarter downshift in the economy, Commerce Department data showed Friday. The gain was broad-based, with purchases picking up at auto dealers, apparel stores, furniture outlets and online merchants.
“This is all part and parcel of the consumption numbers coming more in line with the income numbers we’ve been seeing,” said Jacob Oubina, senior U.S. economist at RBC Capital Markets LLC in New York. “The breadth of this report was extremely constructive.”
A sentiment survey from the University of Michigan helps explain why. Confidence surged in early May to an almost one-year high as households grew the most upbeat about their inflation-adjusted incomes than at any time in a decade. Such wherewithal to spend means the economy has a tailwind that will probably lead to faster growth in the second quarter.”
http://www.bloomberg.com/news/articles/2016-05-13/consumers-turn-out-to-be-u-s-growth-revival-lifeline-after-all
36-
Pumps, guess Commerce department hadn’t spoken to Kohls, Macy’s, Target, Gap etc.
I’m learning; fluff news, right? Starting to catch on that journalists are dangerous. They are used as chess pieces to push an agenda by the individual/group controlling them. See, there is hope for me. Finally starting to understand what lib was trying to say…..basically believe and trust no one, they all have an agenda.
Alex says:
May 13, 2016 at 2:06 pm
36-
Pumps, guess Commerce department hadn’t spoken to Kohls, Macy’s, Target, Gap etc.
[30] lib
I dunno. Most dishonest? Is it dishonest to admit that you’ve lied in the past? Or is it dishonest to double down when everyone knows you’re full of it?
I think the Trumpster hits a chord here. He doesn’t claim to be as pure as the driven snow–he challenges the oppo to make an issue of it whereupon he’ll remind the voters that they are selecting a president, not a pope, and presidents have to be able to get their hands dirty.
I’m probably overanalyzing and, ATEOTD, we aren’t desperate enough to go for the firebrand, charismatic, demagogue just yet. Of course, I had long said of businesses and law firms that when an organization puts novel and inexperienced at the head, that’s a bad sign. And that’s exactly what we did. So perhaps we are as bad off as the Trumpistas think.
Alex, this journalist is blaming it on the idea that department stores are a relic of the past. Maybe, maybe not? Who knows what to believe when they are all trying to push an agenda.
http://www.bloomberg.com/gadfly/articles/2016-05-13/retail-earnings-consumers-want-to-spend-but-not-in-your-store
#29….hmmmm..curious JJ dropped of about when Trump started his run?
Have we seen them together ever?
[41] 1987
Great. Now I’ll never get to sleep tonight.
Libturd/Gator
You guys chopping? Let me know.
Zimmerman is a disgusting POS. F*ck his auction. That is all.
Nom 43 – Stu’s Chopping. I’ll be back in the Ridge.
RutRoh
http://www.foxnews.com/us/2016/05/13/flight-logs-show-bill-clinton-flew-on-sex-offenders-jet-much-more-than-previously-known.html?intcmp=hpbt1
Good for them. But I’m guessing anon is pissed that they plan to tithe
http://www.cbsnews.com/news/powerball-winners-new-jersey-mom-adult-kids/
https://www.youtube.com/watch?v=4n9IUdPXOH8&sns=fb&app=desktop
Didn’t the fcuktard punkin say he was getting out of here the other day?
WTF?
Addict.
Venezuela: another soci@list paradise falling into a predictable endgame.
http://www.zerohedge.com/news/2016-05-13/scenes-venezuela-apocalypse-countless-wounded-after-5000-loot-supermarket-looking-fo
How long until the Venezuelans learn to love the delicacy of long pig?
[50] amerigeddon
I’ve no sympathy. They voted for this.
This one will make anon and ccb’s heads explode
http://www.cnn.com/2016/05/12/us/missing-tennessee-girl-found-safe/index.html
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