Annual home prices accelerating … with rates higher?

From MarketWatch:

Home prices accelerating in the face of rising mortgage rates

U.S. house prices rose at an accelerated pace in December, a sign that higher mortgage rates aren’t yet diminishing outsize demand for properties.

Data provider CoreLogic said its home price index was up 0.8% during the month, and 7.2% compared to a year ago. That’s the fifth straight month in which the yearly price increase was higher, including during months that saw mortgage rates jump nearly a full percentage point.

Low supply is boosting prices higher and higher, and CoreLogic expects that prices will rise 4.7% during 2017. That would take its national index – now 3.9% below the high last set in 2006 – to a fresh high sometime this year.

But CoreLogic’s forecasts have fallen short over the past few months as price gains defy gravity.

There are some familiar faces among the states with the strongest price appreciation: prices rose 10.8% in Washington and 10.3% in Oregon. But they were stronger in Idaho, at 9.0%, than in Colorado, which saw a gain of 8.9%.

Only one state, Wyoming, had a yearly decline in December. Prices were down 0.3% there.

This entry was posted in Economics, Housing Bubble, Housing Recovery, National Real Estate. Bookmark the permalink.

146 Responses to Annual home prices accelerating … with rates higher?

  1. Mike says:

    Good Morning New Jersey

  2. The Original NJ ExPat says:

    Good Morning Mike.

  3. The Original NJ ExPat says:

    10 year UST yield dropped like a rock yesterday and looks to continue the fall today. I’m wondering if the Fed will/are doing a covert operations twist, using the runoff from their portfolio to buy long dated securities to save the RE market even while they talk about raising short term rates.

  4. Comrade Nom Deplume, basking in the afterglow says:

    I wonder if they really think this will actually get them ahead in Springfield? Or are they just using School Dept. budget and resources to play to the base?

    http://wgntv.com/2017/02/07/all-cps-students-sent-home-with-letter-accusing-gov-rauner-of-cheating-kids/

    Does the left realize how much great “bulletin board material” they are giving to the right?

  5. Comrade Nom Deplume, secretly happy he isn't British says:

    I seem to recall a certain british troll telling everyone that this was illegal when I suggested it some years ago.

    http://www.cnbc.com/2017/02/08/when-dad-is-the-boss-tax-perks-of-hiring-your-kid.html

  6. Juice Box says:

    FRB is now holding 4.5 Trillion on it’s balance sheet.

    No sign of it going down.

    https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

    The duration of the agency MBS portfolio is approaching a decade.

    https://www.federalreserve.gov/releases/h41/current/

  7. grim says:

    Shocker – Montclair the most unequal town in NJ over 10k population.

    I must have said this three dozen times in the past 10 years – for all Montclair does to blab about equality and spend money like it’s free – most all of NJ is still more equal than Montclair.

  8. grim says:

    Clifton and Bloomfield, for example, both significantly more diverse and equal.

  9. STEAMturd says:

    Forget the lame shoe story from last night Fab. Buy the popcorn for the sanctuary city story. San Francisco is about to be sued for millions due to not holding Juan Francisco Lopez for ICE to deport who then killed a tourist. Every city and town that decided to play partisan politics to go against Trumps executive orders is suddenly taking on yuge tax liabilities. We’ll see how long it takes for them to return to non-sanctuary status. Quite frankly, I’m not even sure how sanctuary status is legal in the first place. With that said, I’m glad I left Montclair. They decided last night to join the circus.

  10. grim says:

    Pretty damning of Montclairs programs and politics – feel good legislation with little real-world benefit.

  11. STEAMturd, thinking Trump is less of a mysoginist than Bill was. says:

    Montclair loves to take pride in its diversity. Yet the high school is way blacker than the middle schools and way way more black than the elementary schools. Hmmm. We want our kids to be raised in a diverse town, but a sh1tload of us send our kids to private schools as they get older to escape it. Plus, the town is divided by the railroad tracks. There are way more black families in all of the neighboring towns than there are in Upper Montclair. Hmmm.

  12. grim says:

    I’m an undocumented educator – where’s my pension?

  13. grim says:

    Montclair loves to take pride in its diversity.

    Yeah, but it’s neither diverse, nor equal. They can cheerlead all they like, but most of North Jersey is more equal and more diverse than Montclair, with significantly less obvious geographic segregation by class.

    Not surprised Montclair would give themselves a gold star for something they don’t deserve.

    Like you said, assigning school by lottery is a failure when the wealthy simply send their kids to private school as a result of it.

  14. STEAMturd, thinking Trump is less of a mysoginist than Bill was. says:

    It is not by lottery. It is by reverse racism. Though, it was recently cloaked about 6 years ago by changing it from black kids get their choice school (unless it was Nishuane which was the traditionally black school since it was located in the South End and everyone else put down their choice but usually wouldn’t get it as many would end up at Nishuane against their will) to kids from the poorer section of town get their school choice (which is really the same thing, when the town is not diverse by geography).

  15. The Great Pumpkin says:

    Sad, and this is why politics is a mess. It’s self enriching scheme for all that enter.

    grim says:
    February 8, 2017 at 5:27 am
    How much money have Obama’s kids earned while in office?

    I recall the older one having an estimated net worth of 17 million.

    Pretty sure it had nothing to do with selling hair bows anonymously through Etsy.

    For the record, I think both situations are disgusting.

  16. The Great Pumpkin says:

    Just because they are the president’s kids, they have made more in 8 years than someone who busts their a$$ for their entire life.

  17. The Great Pumpkin says:

    Yup, and some unlucky schmucks get to pick up the tab.

    “It’s a compounding benefit,” he said. “Mom and Dad are reducing the taxable income of the business … and are pushing money out of their highest tax bracket into the kid’s lowest tax bracket.”

  18. HouseWhineWine says:

    @10:29 and just because De Vos is a very wealthy Republican Donor she is now in charge of U.S. public school system. It’s not what you know, it’s who you know. I agree, very sad that hard working Americans are left farther and farther behind, by both parties. This is definitely not progress.

  19. STEAMturd, thinking Trump is less of a mysoginist than Bill was. says:

    You won’t have any progress on anything (really) without taking the lobby dollars out of our government.

  20. Grab them by the puzzy says:

    @StephenKing

    Down by the White House,
    early in the morning,
    see the little Plunder Monkeys all in a row.
    Mr. Bannon pulls the little handle,
    off they go.

  21. Grab them by the puzzy says:

    @realDonaldTrump

    My daughter Ivanka has been treated so unfairly by @Nordstrom.
    She is a great person — always pushing me to do the right thing!
    Terrible!

  22. grim says:

    What I kind of enjoy is the fact that some of the most liberal are beginning to finally understand the second amendment.

    It has nothing to do with possession of guns. It has everything to do with being able to rise up to protect your country from it’s leaders.

  23. The Great Pumpkin says:

    That’s the problem, why does she have to push you to do the right thing. You should be a role model for your kids, they shouldn’t have to push you to do the right thing.

    Grab them by the puzzy says:
    February 8, 2017 at 11:20 am
    @realDonaldTrump

    My daughter Ivanka has been treated so unfairly by @Nordstrom.
    She is a great person — always pushing me to do the right thing!
    Terrible

  24. Grab them by the puzzy says:

    @itsDanSheenan

    Very important to get your DeVos jokes in while people can still read

  25. grim says:

    Republican club? Sounds like the worst circle jerk imaginable.

  26. The Original NJ ExPat says:

    Housewhiney – Forget about party, I look at it this way. You get to pick between those who are already wealthy prior to taking public office or those who will ultimately get rich in public office. I’ll take a billionaire receiving a cut in pay over a dimwit on his/her way to their first couple million any day. What I like are people with “F,uck Me Money.” People who have so much money that they can financially f.uck themselves and not really care that much. The Clinton’s and their ill-gotten $200 million made while *in* government – no way. They barely have “f.uck you” money.

    @10:29 and just because De Vos is a very wealthy Republican Donor she is now in charge of U.S. public school system. It’s not what you know, it’s who you know. I agree, very sad that hard working Americans are left farther and farther behind, by both parties. This is definitely not progress.

  27. The Original NJ ExPat says:

    Worse than Dennis Kucinich and two paraplegics?

    Republican club? Sounds like the worst circle jerk imaginable.

  28. The Great Pumpkin says:

    Agreed. A society only hits its potential when hard work is rewarded. This backwards mentality of quick money with no work will eat this society alive if they keep this up.

    HouseWhineWine says:
    February 8, 2017 at 11:10 am
    @10:29 and just because De Vos is a very wealthy Republican Donor she is now in charge of U.S. public school system. It’s not what you know, it’s who you know. I agree, very sad that hard working Americans are left farther and farther behind, by both parties. This is definitely not progress.

  29. Essex says:

    11:49 aint gonna happen. The army vs. Joe homeowner

  30. The Original NJ ExPat says:

    Says the doofus trying to make millions on penny stocks.

    A society only hits its potential when hard work is rewarded. This backwards mentality of quick money with no work will eat this society alive if they keep this up.

  31. Essex says:

    Money seems like the issue of the day. Money and competency are not mutually exclusive.

  32. The Great Pumpkin says:

    I would give you a real reply, but it would be wasted………so blah blah blah….want a cookie?

    The Original NJ ExPat says:
    February 8, 2017 at 12:09 pm
    Says the doofus trying to make millions on penny stocks.

    A society only hits its potential when hard work is rewarded. This backwards mentality of quick money with no work will eat this society alive if they keep this up.

  33. The Original NJ ExPat says:

    I would give you a real reply, but it would be wasted………so blah blah blah….want a cookie mortgage?

  34. Fast Eddie says:

    Very important to get your DeVos jokes in while people can still read

    As if the Dems approach to education is working flawlessly. And besides, I haven’t read one coherent thing you ever wrote.

  35. The Original NJ ExPat says:

    Carter might not have gotten kids educated, but at least he got them fat. I’m sure Peanut Butter sales are way up.

    As if the Dems approach to education is working flawlessly. And besides, I haven’t read one coherent thing you ever wrote.

  36. STEAMturd, thinking Trump is less of a mysoginist than Bill was. says:

    “Plunder Monkeys”

    Hillary or Donald?

  37. STEAMturd, thinking Trump is less of a mysoginist than Bill was. says:

    Remember Anon. It’s the DNC that lost the election. Trump didn’t win it. Make this your mantra.

  38. funnelcloud says:

    The left is impotent, They have no say and no power, all they can do is be obstructionist, and hope for the next 4 years to pass swiftly, If Trump is successful in any way, shape or form the democrats will have to admit that their policy was ‘WRONG’ or Flawed. Funnier yet Hollywood will have to admit it was wrong, Very unlikely either will happen. So let the liberal propaganda machine churn out its false news , Question every Trump Statement, Attack every move . Truth is Trump is catering to his half of the country, His Constituency, Just as the Obama did for the liberals while he was in office. If its not already crystal clear, Most if not all conservatives really do not give a rats ass about what the liberal democratic party thinks or feels, or has to say. Especially those from Hollywood and from California, who that feel that what they say carries more clout that the average Joe.

  39. STEAMturd, thinking Trump is less of a mysoginist than Bill was. says:

    Tomorrow’s storm is gonna be a fun one. Looks like a foot will be the average snowfall for most of us. Think this is an 8 to 16″er. It’s all coming down in about a 6-8 hour period so lots of stuck cars as the plows won’t be able to keep up. Looking forward to this one! Go outside and enjoy the 60 degree weather. You’ll be cursing tomorrow when your snowblower won’t start.

  40. STEAMturd, thinking Trump is less of a mysoginist than Bill was. says:

    Well said Funnel. As much as I hate witnessing the repercussions of this election (Devos for example), a warm fuzzy feeling comes over me when I get to tell all of my liberal friends that I told you so! No one was as critical of HRC as I was, and for good reason(s). I will not go over them again. With every anti-liberal decision that comes from this administration, more and more of them are beginning to realize it. Only the really, really smart ones among them point out how Trump is way worse than HRC would have ever been. And they might right. But then I immediately point out that Bernie would have been way better than both of them. But we’ll never find out will we.

  41. Juice Box says:

    Bring the snow… I got my shovel and my flask!

  42. Juice Box says:

    re: “Sounds like the worst circle jerk imaginable.”

    Nah the Meninist twitter account was just banned and over a million followers too.

    Men’s clubs are beginning to surge in popularity again, the SJWs want to emasculate all Men and that ain’t gonna happen.

  43. Juice Box says:

    re: ” I hate witnessing the repercussions of this election (Devos for example)”

    Give it a break already Obama’s Secretary of Education for 7 years Arne Duncan stood up for charter schools, challenged the Unions and called for reforms to teacher tenure and pay. Devos has just got an R instead of a D on her voter registration card.

    It’s all partisan from here on in.

  44. The Original NJ ExPat says:

    The fortunes of the Dems will turn up when Pelosi’s t1ts do the same.

  45. Anon E. Moose, proud owner of Silk City Bourbon ver 2.36/114 says:

    Pu$$y [11:51];

    …while people can still read

    Because the public education system has been such a sterling success, right? Vastly increasing results to show for the massive increased in spending, right? Right?!? That must be what all those leftists who got rich on their modest salaries while in “public service” are eschewing exclusive private schools to send their kids to inner city public school districts. So many example, I’m sure you can name a few. Go right ahead. I’ll wait.

  46. The Original NJ ExPat says:

    LOL. These are the titles of three stories on Huffpo’s front page. I check the page about once every two weeks just to see if they’ve come to their senses yet:

    McConnell Silences Warren For Reading Coretta Scott King Letter On Sessions

    LATER: GOP Lets Another Dem Read Letter On Senate Floor

    Only Difference? It Was A Man This Time

  47. STEAMturd, thinking Trump is less of a mysoginist than Bill was. says:

    Devos is a bizarre Christian. Would you be OK with a Lubavitch or Chasid running it?

  48. STEAMturd, thinking Trump is less of a mysoginist than Bill was. says:

    And she is truly unaware of current mandates. I’ll give it a break when it’s justified. She was a terribly vetted appointment. This one may bite Trump in the ass.

  49. The Great Pumpkin says:

    Don’t sit here and act like they are really trying to help education. They are strategically trying to sabotage it. If you can’t see that, I can’t help you.

    https://news.vice.com/story/school-choice-detroit-betsy-devos

    Anon E. Moose, proud owner of Silk City Bourbon ver 2.36/114 says:
    February 8, 2017 at 2:03 pm
    Pu$$y [11:51];

    …while people can still read

    Because the public education system has been such a sterling success, right? Vastly increasing results to show for the massive increased in spending, right? Right?!? That must be what all those leftists who got rich on their modest salaries while in “public service” are eschewing exclusive private schools to send their kids to inner city public school districts. So many example, I’m sure you can name a few. Go right ahead. I’ll wait.

  50. Anon E. Moose, proud owner of Silk City Bourbon ver 2.36/114 says:

    The Great Pumpkin says:
    February 8, 2017 at 10:33 am
    Yup, and some unlucky schmucks get to pick up the tab.

    “It’s a compounding benefit,” he said. “Mom and Dad are reducing the taxable income of the business … and are pushing money out of their highest tax bracket into the kid’s lowest tax bracket.”

    You almost had us there, Plumps — then you slipped back into the warm comfort of your leftist mindset. The only way you can consider that “schmucks get to pick up the tab” is if you assume that all the business owner’s money is yours to command, except that part in your benevolence you let him keep. As foreign as this concept may be to you, it is possible that the government can reduce its spending to account for a reduction in tax revenue.

  51. 3b says:

    Juice what is an s J w?

  52. The Great Pumpkin says:

    And moose, instead of complaining about the problems with education, go do something about it by becoming a teacher in a poor area.

  53. The Great Pumpkin says:

    I’m still the same mindset. I’m sorry if I don’t think it’s fair that someone with a business gets to put their kid on the roll to reduce their taxes. Why can’t I do that? What’s lefty have to do with this?

    “You almost had us there, Plumps — then you slipped back into the warm comfort of your leftist mindset. The only way you can consider that “schmucks get to pick up the tab” is if you assume that all the business owner’s money is yours to command, except that part in your benevolence you let him keep. As foreign as this concept may be to you, it is possible that the government can reduce its spending to account for a reduction in tax revenue.”

  54. Juice Box says:

    3b – PC police.

  55. Clotpoll says:

    accelerate the stupidity. warp speed.

  56. Anon E. Moose, proud owner of Silk City Bourbon ver 2.36/114 says:

    Plumpy [14:31];

    My wife did just that. I had to support her/us financially during the process. Now, the health benefits she gets are not available to me at any price. They could almost pay her nothing and it would still be worth it.

  57. Clotpoll says:

    what’s the investment play here?

  58. 3b says:

    Juice: thanks. Got it now.

  59. Clotpoll says:

    increasingly, when i try to figure out who to shoot first, then answer comes back ‘myself’.

  60. Clotpoll says:

    prolly just need to buy some more guns

  61. 3b says:

    Pumps I will say it again. My kids graduated from a blue ribbony school one of the best in north jersey blah, blah. And I simply was not impressed. And. I am talking a p honors supa. Beautiful facility mediocre academics.

  62. Anon E. Moose, proud owner of Silk City Bourbon ver 2.36/114 says:

    Out of his Gourd [14:42];

    I’m sorry if I don’t think it’s fair that someone with a business gets to put their kid on the roll to reduce their taxes. Why can’t I do that?

    Absolutely no reason you can’t start a business; hire your kid; and reap the tax benefits that follow. Unless you want the same tax write off for sitting on your ass doing nothing than a businessman gets for paying his employees? Even if “fair” had anything to do with, there’s nothing unfair here.

  63. Comrade Nom Deplume, The GOAT says:

    Pumps

    “Yup, and some unlucky schmucks get to pick up the tab.”

    Think of it as redistribution

  64. Juice Box says:

    re: 2: 51 PM – whats the investment play here? BOOZE!

    “Trump’s administration, when combined with the Republican party’s control of the House of Representatives and Senate, is expected by lobbyists to boost growth to the already-booming hard-alcohol category, which includes whiskey, vodka and other types of spirits.”

    “North American whiskey had volume growth of 6.8% last year, with revenue up 7.7% to $3.1 billion. However, while the category has been growing for several years, it remains well below record levels reached in 1970. About 48.4 million cases of North American whiskey were sold last year, compared with a peak of nearly 80 million.”

    ETF

    http://www.marketwatch.com/investing/fund/wsky?mod=MW_story_quote

  65. 3b says:

    Clot 2:53. Now that sounds like the real clot!!

  66. grim says:

    Some legislation on the table to reduce the federal excise on alcohol for craft distillers that should be very positive to the whiskey biz.

  67. Clotpoll says:

    3b- with one kid successfully advancing in the workforce and the youngest doing well in college, i’ve relented a bit in my assessment of the local blue ribbony teen penitentiary of edumacation. the schlock content and complete lack of intellectual rigor, while troubling, have yet to have negatively affected my kids. on the other hand, the study habits and work ethic imbued by years of rote regurgitation and mindless rule-following appear to have stuck.

    then again, we could all just be getting dumber.

  68. No One says:

    Let’s just disband the Federal department of education, as Reagan proposed.

  69. Essex says:

    1:02 Your guy is looking more retarded by the day.

  70. Essex says:

    Trump’s a one term wonder. My guess is his ratings will be sub 20 % when he leaves office.

  71. ProudLiberal says:

    Nordstrom up by 4%. Take that OrangeTurd lickers!

  72. Essex says:

    3b or maybe your kids are just average.

  73. Essex says:

    I hate to break it to you but school is something most of us get over. We are success despite the well-intentioned imbeciles who inhabit the ranks of instructor especially if you are lucky enough to be born in flyover country or some such place. It wasn’t until I hit college that I got anything out of the experience of listening to a minor mind ruminate about the academic ideas of the past.

  74. Anon E. Moose, proud owner of Silk City Bourbon ver 2.36/114 says:

    SX [16:40];

    Your prediction is nothing more than what you want to see happen. Trump’s only in the 20’s among your favorite DU meetup. If this country can re-elect a failure like Obama, they’re never going to turn out another one-term president again. I think its more likely that a dead incumbent gets re-elected.

    What I think is likely in 2020 however — something neither party has tolerated since 1976 — is a serious run against the incumbent for his own party’s nomination. There’s plenty of animus towards the Donald in the GOP, so I could easily see an establishment candidate drawing party support. Probably a loser with the populace, but hey, they don’y call them the stupid party for nothing.

  75. Juice Box says:

    SKool already called a snow day without a snowflake on the ground….

  76. Steamturd thinking about the remains of Hillary's umbilical stump says:

    Smart call. The snowrates in this storm will be about the heaviest this area has seen since 96. 12 inches in 6 hours is crazy.

  77. yome says:

    President Donald Trump and Intel Corp. Chief Executive Brian Krzanich on Wednesday announced plans for a $7 billion investment in a major manufacturing facility in Arizona.

    The announcement was the latest in a series of events by Trump touting his job-creation efforts, and gave the president an opportunity to reframe his relationship with the high-tech sector after a round of criticism from Silicon Valley over his recent immigration order.

    http://www.marketwatch.com/story/intel-to-revive-7-billion-arizona-chip-manufacturing-facility-2017-02-08

  78. Essex says:

    7:23 he’s over his head. I don’t want to see it I call it as i see it. I take no pleasure in watching this guy embarrass himself. Obama? Whatever

  79. Anon E. Moose, proud owner of Silk City Bourbon ver 2.36/114 says:

    Juice;

    NYC canceled early (and they NEVER cancel) to give parents time to make arrangements — NYC BOE is as much babysitter as educator. As for the rest of them, they’re making the call based on the forecast alone, not conditions. The forecast isn’t going to change much overnight. So what’s the point of waiting to make the call at 5AM, when — if the forecast is right — it STILL won’t have started.

  80. ProudLiberal says:

    Forget immigration. There’s an exodus from the US!

    “A record number of dual nationals renounced US citizenship in 2016, 26% higher than the next highest annual total that followed the enacting of a disclosure law in the 1990s.”

    Source: The Guardian

  81. Hughesrep says:

    8:31

    I think he’s barely literate. Watch how he reads speeches, he goes off on his own almost immediately. I’m not saying he CAN’T read, I don’t think he reads well. Goes well with his poor spelling on twitter. It’s not that he uses auto correct, that he corrects auto correct. Just an idiot.

    Never dealt with him personally, but his henchman on the construction side were not bright. Venal, but stupid.

    Link for Gary: https://www.merriam-webster.com/dictionary/venal

  82. Tywin says:

    Buried in the 14th paragraph: “Soleiman Hajj Soleiman, a Syrian refugee and father of six, has since been charged with six counts of sexual assault and six counts of sexual interference.”

    http://globalnews.ca/news/3235690/man-charged-after-multiple-sexual-assaults-at-west-edmonton-mall-waterpark/

    Man charged after ‘multiple sexual assaults’ at West Edmonton Mall waterpark

    February 8, 2017 12:44 pm

    A 39-year-old man has been charged in connection with several sexual assaults that occurred at the West Edmonton Mall World Waterpark over the weekend.

    Police were called to the waterpark at around 10:30 p.m. Saturday.

    Officers allege a man followed and inappropriately touched six teenage girls while they were swimming at the waterpark.

    “It’s fairly shocking,” EPS spokesperson Scott Pattison said. “It’s involved and traumatized six individuals and their families.”

    Pattison said all six girls were under the age of 16.

  83. 3b says:

    Essex that was uncalled for I have never said a negative word about you or your family. If you re-read the post . I stated that they were all in honors a p and supra. I would not call that average. Nevertheless perhaps I hit a nerve and you our spouse or which ever one of you is a teacher is just average.

  84. 3b says:

    Clot perhaps because you and I stayed on top of our kids. I don’t think they were bad. Just adequate. Nothing more. Not worth the premium. My guys are out and working.and graduated college on time and all with excellent g p a s.

  85. Essex says:

    Nothing wrong with having an average kid. Don’t get all Trump/Ivanka/Nordstroms on me. Not sure I would call either my spouse or I average. But then again we probably use different meters.

  86. Fabius Maximus says:

    “I seem to recall a certain british troll telling everyone that this was illegal when I suggested it some years ago.”

    As I recall you were going to pay your kid to clean your home office , take out the trash etc. As I said at the time you fail to meet the two parts of the IRS criteria. The job has to pay a fair wage, i.e., you can’t pay your kid $100 for a $5 job. Second, the job has to be relevant. It should be something you would be paying a third party to provide anyway. If Apu hires Jr for a shift at the KwikEMart, not a problem. Apu would be filling that shift regardless of who it is. Paying your kids to stuff envelopes for a marketing campaign, again not a problem. Paying your kids to take out your office trash, as the article says, you can’t pay your kids for household chores.

    As always, I would advise to consult a tax professional. Personally I have found it hard to find a good one. So why not just call the IRS.

  87. 3b says:

    Essex again I have never insulted you or even responded to any of your posts. It appears I hit a nerve on the teacher thing. I guess it’s true those who can’t teach. And by the way I did not vote for trump. You should not be arrogant and ignorant. And on that note I will go back to ignoring you as I have during your time on this forum.

  88. Essex says:

    9:32 The teacher had a career in technology before they taught. Two IPOs, lots of sales/biz dev wins. A dozen years of that until teaching/child raising. The other just scored a deal so lucrative it’d make your head spin and will be an easy way to leave NJ, where all the kids are gifted, right!?

  89. Essex says:

    So as you might imagine my days on the forum (and in NJ) are numbered. It feels grrreeeeat!

  90. Fabius Maximus says:

    grim,

    17 Mil for the kids, i would dispute that. Its probably O’s net worth. I don’t begrudge him that, its all from book sales. Billo and the right wing dBags bang out book after book. I don’t have a problem with that either. If they have an audience for a book, let them sell it. Its free speech after all.

  91. Fabius Maximus says:

    “If Trump is successful in any way, shape or form”

    So we have Executive Orders getting walked back and even his SCOTUS nominee is criticizing him.

    The funniest was Conway this week coming out with a comment of “I am proud to send my kids to public school”. She lives in Alpine. That is not a normal school disrict. Their foundation raised 2.2 million in months to build an addition to the school. There was a big push to get to their 4 million goal, lest their project be delayed by a year.

    #AlternateReality

  92. Fabius Maximus says:

    Stu,

    Bringing up HRC and O at this pint is like asking did the Pats win or the Cards fold. Its a moot point as the result is in and it’s not changing.

    Its all about Trump and the Fast Eddies of the world that own him for the next 4 years.

    Are we great yet?

  93. 3b says:

    Essex whatever you say buddy. I could throw out some impressive facts about my own family. I am secure enough not to have to resort to that sort of behavior. I find that those who do feel the need to indulge in this type of behavior have insecurity issues along with some other issues. A little humility is a very attractive character trait. Enjoy your new locale.

  94. Fabius Maximus says:

    On a side note I saw JJ online trolling some Pats friends. He hasn’t lost it.

  95. Tywin says:

    Nice to see we’re writing the history of Trump’s presidency 3 weeks in. Let’s discuss 7 years, 49 weeks from now.

  96. D-FENS says:

    Yup.

    grim says:
    February 8, 2017 at 11:49 am
    What I kind of enjoy is the fact that some of the most liberal are beginning to finally understand the second amendment.

    It has nothing to do with possession of guns. It has everything to do with being able to rise up to protect your country from it’s leaders.

  97. Essex says:

    3b impressive facts? Really? you’re a putz.

  98. grim says:

    I’m sure I’m on the terrorist watch list for suggesting that the fear of assassination is a reasonable check and balance in a democratic society.

    It’s really the 4th branch of Government.

    Executive, Legislative, Judicial, Assassinative.

  99. grim says:

    I mean, America seems to practice this kind of democracy in foreign policy around the world already, so it’s not such a stretch.

  100. 3b says:

    Essex yeah and you are a self absorbed douche.

  101. Fast Eddie says:

    Essex,

    So as you might imagine my days on the forum (and in NJ) are numbered. It feels grrreeeeat!

    Bye bye!

  102. The Original NJ ExPat says:

    Also known as:
    Asinintive, Asinintive, Asinintive, Assassinative.

    Executive, Legislative, Judicial, Assassinative.

  103. Juice Box says:

    re: “my days on the forum (and in NJ) are numbered.”

    Which valley in CA?

  104. Essex says:

    8:06 you are right and I apologize for implying your kids are less than they might be, my real point was to say that people expect a lot from their schools. Sometimes their expectations are not realistic. Once you see real genius it changes you. You realize that teachers can only do so much and at times they are simply conduits through which real and profound greatness passes. It’s rare as a hen’s tooth. But it’s out there and it’s astounding.

  105. D-FENS says:

    Iranian Kurdish woman born in a Refugee camp…currently in a Danish Prison for wanting to travel back to her homeland.

    http://www.thegatewaypundit.com/2017/02/isis-puts-1-million-bounty-danish-students-head-killing-100-isis-militants-video-photos/

  106. Comrade Nom Deplume, The GOAT says:

    Rory,

    I’m enjoying the outcome of the game.

    You and JJ aren’t.

    That makes my day.

  107. Comrade Nom Deplume, The GOAT says:

    Rory,

    Again you conflate issues. And you also prove too much. As you said, I paid her for taking out “office” trash and recycling. Further, if I hired someone to do that, it is a legitimate business expense.

    And I’m not surprised you haven’t found any tax help you like. Given your “aggressive” (not to mention ironic) tax positions, I’m guessing that they have an aversion to being brought up on charges.

  108. Comrade Nom Deplume, The GOAT says:

    3b,

    Don’t take Essex personally. It’s a full moon.

  109. Comrade Nom Deplume, The GOAT says:

    “ProudLiberal says:
    February 8, 2017 at 9:17 pm
    Forget immigration. There’s an exodus from the US!

    “A record number of dual nationals renounced US citizenship in 2016, 26% higher than the next highest annual total that followed the enacting of a disclosure law in the 1990s.”

    Indeed. This started not long after Obama was elected, dipped before 2012, and shot up again to record numbers after he was reelected. The latest numbers reflect the likelihood of Clintons election as they reflect renunciations processed earlier and reported by State to IRS in 2016.

    There are good arguments for and against Trump affecting expatriation but you won’t see that show up in the reporting until July.

  110. Essex says:

    Instagram Depeche Mode is asking a different person to run their site each day for a year….

  111. NJCoast says:

    Snowed in at my daughter and SIL’s Suarez Family Brewery- rated #10 best new brewery in the world in 2016 (#1 new brewery in NY) by RateBeer. We enjoyed the first bottle of “Summer Whoa” peach beer to remind us that warmer weather will return.

  112. Essex says:

    8:38 — We’ll see you on the other side:

    https://www.youtube.com/watch?v=y6GPwvnnwOc

  113. D-FENS says:

    @cspan

    .@SenatorTimScott reads tweets criticizing his endorsement of Sen. Jeff Sessions: “I left out all the ones that use the n-word.”

    https://twitter.com/cspan/status/829452851881582592

  114. Fast Eddie says:

    Essex,

    Good song! Memories!

  115. 3b says:

    Comrade I am just going to ignore him
    .

  116. Essex says:

    Wise move! I’m a short timer.

  117. Comrade Nom Deplume, The GOAT says:

    Or you could just belittle him, like I do with a few folks here.

    Petty, I know, but kinda fun.

  118. Anon E. Moose, proud owner of Silk City Bourbon ver 2.36/114 says:

    Juice [12:25];

    Nice to know that they’ve got all the really pressing and life-altering problems facing the state solved, so much so that they are free to devote their time and energy to things like that.

    Pet owners can be forced to sneak across state lines, or into fly-by-night back alley de-clawing parlors… Oh the Horror!

  119. 3b says:

    Comrade. I could but I won’t. In fact I never I interacted with him here that’s why I was so surprised he attacked me. In fact many of his texts awere rambling and incoherent as far as I was concerned. But I guess I am not capable of understanding them as I don’t consider myself to be a genius.

  120. Comrade Nom Deplume, The GOAT says:

    3b,

    I’ve previously expressed my theories. Content to leave it at that

  121. Grab them by the puzzy says:

    @thenation

    BREAKING:

    9TH Circuit Court of Appeals has ruled against reinstating Trump’s travel ban.

  122. Grab them by the puzzy says:

    @keitholbermann
    Smoked.
    Completely. @realDonaldTrump completely smoked
    – and unanimously.

    @7im
    “Rather than present evidence to explain need for EO,
    Govt has taken position that we must not review its decision at all.
    We disagree”

  123. ProudLiberal says:

    Orange Turd lickers, I’m sorry. But luckily the law still works.

  124. Essex says:

    Later all been good to know ya.

    God Bless corporate relocs.

  125. njescapee says:

    Essex,

    Go in peace.

  126. chicagofinance says:

    njescapee says:
    February 9, 2017 at 7:45 pm
    Essex,

    Go in peace.

    https://youtu.be/pAVf_jsBqJk?t=1m24s

  127. leftwing says:

    “Rather than present evidence to explain need for EO,
    Govt has taken position that we must not review its decision at all.
    We disagree”

    Carrot top and his minions may be correct. Anyone with an actual JD on the wall care to weigh in?

    Immigration is the purview of the Executive branch. The rights under our constitution are for the benefit of our citizens, not foreign nationals seeking to come into our country. As such, no matter how reprehensible why can’t the Administration implement a Muslim (or male, or child, etc) ban? There is no Constitutional standing for extranationals. The fact that such policy if applied to US citizens would be patently unconstitutional is irrelevant.

    Likewise, military operations are the purview of the Executive branch, not the judiciary. Under the Court’s reasoning it would seem they could insert themselves into military policy. For the last seven years we have bombed certain populations into dust and they have been exclusively Muslim. If it is unconstitutional for the Administration to formulate one of its policies (immigration) prejudicial to a religion, shouldn’t it also be for any similar policy (military) decisions?

    A secret part of me hopes Trump says ‘screw you’ to the Court and tries to continue to implement his policy. A full blown Constitutional crisis three weeks in would be classic. Paraphrasing Stalin, how many divisions do they have?

  128. ProudLiberal says:

    leftling, Looks like you (think you) know better than the bi-partisan judges of 9th Circuit. Have you considered that your reasoning is biased deep in the core? Oh wait, likes of you can never be wrong.

  129. leftwing says:

    Considering my post was punctuated with question marks and asked for opinion from those more experienced in the specific matter at hand than I, it appears I make no assertion to knowing better.

    It does seem, however, that your inability to understand syntax firmly shows you ‘being wrong’.

    Any answer to the actual questions or original insights, snark?

  130. leftwing says:

    Or, for the simple liberal brain, let me distill my post:

    If a Court can rule limits on foreigners’ mobility unconstitutional, how can it be constitutional to kill them?

  131. D-FENS says:

    I have followed the 9th circuits 2nd amendment rulings. They are most certainly NOT bypartisan.

  132. leftwing says:

    Chi, was at the Harvard game. Unfortunate outcome but the first and second period were nhl playoff quality intensity. Good to see. Hit the Nines after. Swear there was some graffiti in there i recognized from the 80s.

  133. Fabius Maximus says:

    Eddie Ray

    The usual deflect back to me.

    If you were paying someone already to take out the trash, there is no reason to hire your kid. If you hadn’t hired anyone previously, there is no real requirement for the role. If your trash can goes un-emptied, your business will not fail. If you want to pay FICA the rest of the taxes for your kid you can have them sit around and chain daisies. If you want to claim this exemption, the pay has to be fair and the job real.

  134. chicagofinance says:

    just missed you…..my son and I were at the Dartmouth game the next night…….we left Ithaca Sunday AM in driving snow and 25…..when we hit Monmouth County it was 47 and sunny……go figure…

    leftwing says:
    February 9, 2017 at 10:32 pm
    Chi, was at the Harvard game. Unfortunate outcome but the first and second period were nhl playoff quality intensity. Good to see. Hit the Nines after. Swear there was some graffiti in there i recognized from the 80s.

  135. chicagofinance says:

    BTW….how did you get tix for Harvard?

  136. Comrade Nom Deplume, The GOAT says:

    Rory, it’s a damn good thing for your clients that you don’t practice law because you suck at it. You’re assuming facts not in evidence, jumping to unsupported conclusions and flat out misrepresenting what the law says and allows.

    The only thing you’ve said that we agree upon is that the pay must be representative and the job real. But then you impute a necessity test that isn’t in the law. That is your fatal flaw. There is no “necessary” requirement. It is sufficient that it be “helpful”.

    You’d think that after being schooled on this before, you’d find some support for your position. I know that following your own nose on taxes has worked for you in the past but it wasn’t because you were right.

  137. Comrade Nom Deplume, The GOAT says:

    Rory,

    Paradoxically, you actually support my point (and contradict yourself) when you state that my business will not fail if I don’t empty the trash. That’s accurate. And it’s true of others. Yet their deductions are allowed. Care to take a stab at why?

    Forget what I said above. You should follow your instincts on taxes. And if it worked for you in the past, it must be tight. Keep doing it.

Comments are closed.