CoreLogic released their monthly delinquency data yesterday, deep in there was an important little stat on the overall foreclosure rate, which NJ has been at the top of the charts for the last two years. For at least the last year, NJ has been resolving foreclosures at a faster rate than our neighbor, and we’ve finally given up our #1 position to NY – which is now takes the illustrious position of having the highest foreclosure rate in the nation. We should see the NJ fall below NY for delinquency as well in the next few months.
Good Morning New Jersey
https://www.bloomberg.com/news/articles/2017-08-08/baby-boomers-who-won-t-sell-are-dominating-the-housing-market?cmpid=BBD080817_BIZ&utm_medium=email&utm_source=newsletter&utm_term=170808&utm_campaign=bloombergdaily
“People 55 and older own 53 percent of U.S. owner-occupied houses, the biggest share since the government started collecting data in 1900, according to real estate website Trulia. That’s up from 43 percent a decade ago. ***Those ages 18 to 34 possess just 11 percent. When they were that age, baby boomers had homes at almost twice that level.***”
Suspect that Trump might permit a few nukes to hit California before retaliating.
We have exo-atmospheric ABMs deployed in Guam and the places, theyare no threat to us.
Is THAAD set up in South Korea yet?
Do
You
Want
To
Play
A
Game?
Global Thermonuclear War
Wouldn’t you rather play a nice game of chess?
Muller III>Kim Jong Un
Pumpkin excited by the prospect of the Nike Missile bases in Wayne being put back into use to protect NYC against ICBMs.
Nothing like a nuclear tipped Nike Hercules rocket.
How do you kill a nuclear icbm with high probability? With another nuke of course!
Bet you didn’t realize Missile Command was the real deal.
Putin getting ready for the fireworks. Lotion applied, nuclear protection glasses on.
https://www.washingtonpost.com/world/putin-vacations-in-siberia/2017/08/05/bd476d88-79fc-11e7-8f39-eeb7d3a2d304_gallery.html?hpid=hp_no-name_photo-story-b%3Ahomepage%2Fstory&utm_term=.fe19772b8801
Trump talked all this China job taking bs during election, yet US corporations keep killing more jobs with robots.
“Tang said that with complete automation, the personnel cost for each T-shirt is roughly 33 cents. “Around the world, even the cheapest labour market can’t compete with us. I am really excited about this,” he said.”
http://www.innovationintextiles.com/technology-machinery-equipment/automated-sewbot-to-make-800000-ad!das-tshirts-daily/
To read article, correctly spell the brand name in the link. Couldn’t get it past the guards defending this blog from spam.
Putin is a f*cking genius. Those pictures are carefully crafted propaganda. This has nothing to do with Putin’s vacation.
This is an appeal to middle American males to very subversively change the perception of Putin from a foreign political bad guy to a regular guy just like us.
Half of middle America sees this as a great vacation, and probably spends the same time wearing camouflage shorts (I’m wearing a pair right now).
Hunting, Fishing, Time by the Lake, Dad-bod, couple of beers by the fire with friends. Look at that striped bass, this is as American as it gets. You sure that isn’t the rockies? This could be a Coors commercial.
And with 33 cent shirts, will the price come down or will profit go up?
Shirt will still be 25 dollars and the owners will become richer as they took the economic capital from the mouths of workers in the name of more profit. Hence, your enourmous rise in income inequality in the past 30 years on the backs of automation.
I should also say more profit masked behind the market ideas of efficiency and free market
Grim, spot on with Putin. Guy is as good at it gets with using propaganda to gain and maintain power.
Grim,
You trying to tell me you don’t relate better to the guy with the orange hair and the vacation in Bedminster or Mar-A-Lago?
What would a Trump commercial be like? Do American males relate to the Trump?
Hunting, Fishing, Time by the Lake, Dad-bod, couple of beers by the fire with friends. Look at that striped bass, this is as American as it gets. You sure that isn’t the rockies? This could be a Coors commercial.
Pumps,
Need to get some robots in the nursing homes. Very labor intensive jobs there.
The Japanese Navy AKA the Maritime Self-Defense Force has Aegis systems patrolling the Sea of Japan continually. They modified their Kongo class vessels to counter any North Korean missile threat. That is in addition to what we and the South Korean’s now have.
Foxconn now building a second factory in Michigan?
https://www.cnbc.com/2017/08/07/foxconn-to-open-multi-billion-dollar-michigan-plant.html
IPhone maker says it’s building a multibillion-dollar facility — in another state Trump flipped
Nearly two weeks after announcing a $10 billion Wisconsin plant, Foxconn says it will be opening a multi-billion facility in Michigan, according to the South China Morning Post
The new project will boost American jobs and will be seen by many as a major political victory for President Donald Trump
Robot to human ratio?
What is the effect of radiation on robots
The US is the worlds biggest market, has abundant land, and cheap energy. If you reduce the labor needs by automation it is the logical place to do manufacturing.
Does anyone have an HVAC contractor that is not ripoff, I have a very complicated 2 condensation boiler system that also handles domestic hot water? The company I have been using(Bornstein in Fairfield) just charged me $800 to install a taco circulation pump that costs $95 is 2 wires and 4 bolts and can be bought off the shelf at home depot. That strikes me as an unreasonable charge, I think I just paid $700 for 45 minutes of labor, but they caught me at a time when I probably would have said yest to almost anything to have a hot shower.
Jcer,
My brother owns his own plumbing business and you sound like his typical customer that researches the cost of the product, adds up the time there, and then claims rip-off.
Was it an emergency call? Weekend? Night?
If you did this yourself, you think you can get it done in 45 min? You know they are pros, and with years of experience teaching them the quick way to do it, they are able to get it done at a pace that is much faster than avg? They spent many hours learning the hard way through mistakes to become as efficient as they are with their time.
Did you account for insurance, cost of workers, cost of vehicles/maintenance, gas, cost of travel time, cost of profit, and last but not least, cost of the future health of these workers beating up their bodies and inhaling chemicals.
Just to prove a point. Would you take on all these costs and then charge 200 dollars on this same job if you were that business owner? You would be out of business in no time.
@washingtonpost
Exclusive: FBI conducted predawn raid of former Trump campaign chairman Manafort’s home
how much you wanna pay? minimum wage for 45 minutes, $5?
offer minimum wage to Chifi, see what he says
The Great Pumpkin says:
August 9, 2017 at 10:45 am
Jcer,
My brother owns his own plumbing business and you sound like his typical customer that researches the cost of the product, adds up the time there, and then claims rip-off.
Was it an emergency call? Weekend? Night?
If you did this yourself, you think you can get it done in 45 min? You know they are pros, and with years of experience teaching them the quick way to do it, they are able to get it done at a pace that is much faster than avg? They spent many hours learning the hard way through mistakes to become as efficient as they are with their time.
Did you account for insurance, cost of workers, cost of vehicles/maintenance, gas, cost of travel time, cost of profit, and last but not least, cost of the future health of these workers beating up their bodies and inhaling chemicals.
Just to prove a point. Would you take on all these costs and then charge 200 dollars on this same job if you were that business owner? You would be out of business in no time.
Michael – would Homeowner’s insurance pick up a fire caused by unlicensed hvac?
pumpkin, I get the the overhead but VERY few people bill $700 an hour. The tech doing the job is lucky if he makes 75k a year. It’s time and labor my expectation would be between $300-$500, $100 for the parts $200-$300 for service call labor, again he was at my house at 8 and left at 9. My point is if it is an obscure part they have to inventory so they can fix things on the spot yes they can have a huge part markup because they need to sit on inventory. When I paid 2k for a boiler repair I know the parts were $800 and the $1200 is because the tech needs to disconnect gas lines, take apart assemblies and it takes time.
And yes pumpkin I could have changed the pump in under an hour, it took the technician less than 20 minutes, it took him longer to enter the information into his computer than to do the task.
Child miners aged four living a hell on Earth so YOU can drive an electric car: Awful human cost in squalid Congo cobalt mine that Michael Gove didn’t consider in his ‘clean’ energy crusade
Sky News investigated the Katanga mines and found Dorsen, 8, and Monica, 4
The pair were working in the vast mines of the Democratic Republic of Congo
They are two of the 40,000 children working daily in the mines, checking rocks for cobalt
Read more: http://www.dailymail.co.uk/news/article-4764208/Child-miners-aged-four-living-hell-Earth.html#ixzz4pGweI2rk
Follow us: @MailOnline on Twitter | DailyMail on Facebook
Dude asked for help finding a contractor. What is your problem?
Offshoring doesn’t hurt those that are retired where are collecting a pension. In fact it only helps those groups. It is the younger people and the working people especially those without college degrees that it affects the most
‘Child miners aged four living a hell on Earth so YOU can drive an electric car: ‘
It’s the country with the lowest GDP per capita in the world, has constantly had child labor problems. And most of their economy is based on oil.
Did somebody say pensions?
http://www.trentonian.com/general-news/20170808/state-pensions-boss-from-lawrence-who-earns-96k-captured-on-camera-stealing-money-from-co-worker
How is that employee not exempt?
Do you know how much mechanics cost just to diagnose your problem? If you would have done this yourself, how much time and wasted money on diagnosing the problem would you have spent? Sometimes it makes sense to just pay someone to do something.
“And yes pumpkin I could have changed the pump in under an hour, it took the technician less than 20 minutes, it took him longer to enter the information into his computer than to do the task.”
JCer,
Sounds excessive. We have 2 hvac units in our house. Both needed their evaporator coils replaced. Parts were covered by warranty but labor was not. Was $1,700 for 3 guys for 3 hours including 7 pounds of coolant. Probably $1,400 in labor for 9 man hours. And I thought that was too much.
What were you charge per pound for the coolant/refrigerant?
JJ fanboy says:
August 9, 2017 at 12:21 pm
Was $1,700 for 3 guys for 3 hours including 7 pounds of coolant.
Lots of places charge by zip code……..
JCer says:
August 9, 2017 at 11:22 am
pumpkin, I get the the overhead but VERY few people bill $700 an hour. The tech doing the job is lucky if he makes 75k a year. It’s time and labor my expectation would be between $300-$500, $100 for the parts $200-$300 for service call labor, again he was at my house at 8 and left at 9. My point is if it is an obscure part they have to inventory so they can fix things on the spot yes they can have a huge part markup because they need to sit on inventory. When I paid 2k for a boiler repair I know the parts were $800 and the $1200 is because the tech needs to disconnect gas lines, take apart assemblies and it takes time.
And yes pumpkin I could have changed the pump in under an hour, it took the technician less than 20 minutes, it took him longer to enter the information into his computer than to do the task.
I agree with this…..
The Great Pumpkin says:
August 9, 2017 at 10:45 am
Did you account for insurance, cost of workers, cost of vehicles/maintenance, gas, cost of travel time, cost of profit, and last but not least, cost of the future health of these workers beating up their bodies and inhaling chemicals.
Just to prove a point. Would you take on all these costs and then charge 200 dollars on this same job if you were that business owner? You would be out of business in no time.
surrender your weapon
http://www.nj2as.org/nj_dems_have_20_gun_control_bills_lined_up_if_murphy_becomes_governor
NJ Dems Have 20 Gun Control Bills Lined Up If Murphy Becomes Governor
Weinberg’s revenge
NJ 101.5 recently did an article on Weinberg’s endless quest to push smart guns, including how her dream gun was recently defeated by a refrigerator magnet. When asked about future laws governing firearms in NJ if Murphy gets elected, the Democratic leader said:
“I’ve already told Ambassador Murphy — hopefully he will be the governor — I have at least 20 bills ready the day he walks in that have all been vetoed by Gov. Christie,”
Assuming Weinberg means the same bills that were previously vetoed – Murphy will essentially be banning all semi-auto rifles, instituting a magazine capacity limit of 5 rounds, mandating home inspection for gun owners, requiring psychological evaluations to own a gun (you have to pay for that by the way), and probably much more we don’t know about, if elected.
Chicagofinance,
They told me it was $40 a pound.
I live in Texas
DFENS it sounds great how many issues with legally owned guns do we have in NJ? So the solution to a problem is creating more problems.
This happened weeks ago. Fake news
Grab them by the puzzy says:
August 9, 2017 at 11:00 am
@washingtonpost
Exclusive: FBI conducted predawn raid of former Trump campaign chairman Manafort’s home
So we have really low interest rates but really high housing prices that are contributing to the historic low home ownership rate among young people. Yet back in the 80s myself and all my friends were able to buy houses in our early to mid twenties and have kids with a stay at home Mom. Just saying.
Trump is absolutely relate-able – like Jock Itch.
3B ur old….face it.
Wouldn’t have expected the village idiot to have actually fact checked, now would you have?
I am not as old as you think. And it certainly has nothing to do with what I posted. Young people are getting screwed. And no one in the Uni Party cares.
Uber…price great. Service not so much. Just got back from a short trip to Vegas. My dad dropped me off at the airport at 5:45am on Saturday morning. Couldn’t get to terminal C at Newark since so many Uber/Lyft drivers were blocking all of the ramps waiting for fairs. Had to get out of car and hoof it to make plane, needless to say, it was storming like mad and I got soaked. Not a Port Authority police officer around. What a cluster fukc. Landed at 4:20am this morning. Was at curb by 4:30. Flew first class (thanks to cas1no). Same massive crowd of drivers there. Price to Glen Ridge was an impossible $16 (no discount codes either). First Uber car I call, although I’m fairly certain it says my destination before he accepts it, tells me to cancel reservation since he only drives people to New York. I call him an a$$hole and book another car. See rate has gone up $2. Not a big deal, but that first guy screwed me. Of course, both cars had 4.8 ratings, so I chose them. Second car I book says is one minute away and takes 5 minutes to arrive. No big deal, but it was definitely a harbinger of things to come. I get into this very clean Mazda CX-9, and start some idle chatter with the driver and I can tell she is as dumb as Moana. Then, as we pull away, she is driving impossibly slow. I’m talking 40MPH on 78 (at 4:45 in the morning no less). She daftly avoids the toll between 78 and the turnpike by driving through the ghetto of Irvington, but she stops at every crossroad, regardless if there is a stop sign or not. We eventually get on the GSP and she returns to her 40MPH and it is friggin scary as every single car whizzes past us at 80MPH or higher. I get home at a cozy 5:05. Mind you, I made it to the airport on Saturday, in a torrential downpour in 18 minutes. It took Lady Uber 35 minutes in clear weather. Absolutely pathetic. How anyone can make money driving for them is beyond me. She’ll probably drive back to the airport and will end up having gotten paid $15 for the 70 minutes she spent. This must pay for the extra car insurance, the cost of the car, the wear and tear on the car, the gallon of gas, the $1.50 toll she can’t avoid on the return, etc. Take home (after taxes) can barely be minimum wage. And all to do this in the middle of the night. And this driver has performed 4,000 trips in two years. I guess Uber will survive on the shear stupidity of their drivers.
Pumpkin Sighting:
This sicko’s depravity even left a judge speechless.
Stephen Matthew Taylor, 31, was convicted of two counts of animal cruelty in Henrico County, Virginia, on Tuesday after admitting to police he performed oral sex on one of his eight Rottweilers, the Richmond-Times Dispatch reported.
“I just don’t have words,” Judge James Stephen Yoffy said. “This is disgusting.”
Taylor’s hard drive contained 171 images of bestiality, including 10 images of him performing oral sex on a dog, though his lawyer disputed he is the man in the shots.
Taylor pleaded guilty to the animal cruelty charge and entered an Alford plea to a felony charge of inflicting pain and causing death of an animal — meaning he didn’t admit guilt but acknowledged prosecutors had enough evidence for a prosecution.
Taylor called the allegations lies but entered pleas because he didn’t feel he could get a fair trial, the paper reported.
The eight pooches were seized and authorities said two of them had to be euthanized.
Judge Yoffi ordered that the creep, who is now out on bond, undergo a psychosexual evaluation. Under the conditions of his bond, he is not to have contact with pets.
Taylor’s sentencing is Nov. 14. where he will face up to five years in prison.
His roommate was arrested last November on various sex charges, including that he raped a 9-year-old boy.
I paid $60 up here…..
JJ fanboy says:
August 9, 2017 at 12:52 pm
Chicagofinance,
They told me it was $40 a pound.
I live in Texas
Why is that animal cruelty? You would think the pooches would enjoy it no?
Cankles- The dog was not gay.
eww, that’s nasty. My question is what did he do to the two dog needing to be euthanized?
My experience with Uber has been good, impossibly cheap but good, much better than newark or jersey city yellow taxis. I have had problems in NYC/EWR with the TLC uber drivers, stu that was what you had the first time. The TLC drivers would pick in EWR and drive to NJ and the bill would be at NYC rates, UBER fixed this hence why a TLC car doesn’t want to do drop off in NJ.
Chicagofinance
Did you get billed for a trip charge?
Here they want to bill either $79 per unit or $99 for the first and $49 for the 2nd. The place I normally use charges $80 to come out and blow out the condensation lines, check the coolant/charge level, and do a quick diagnostic to see if there are any major issues. Unfortunately they won’t do warranty work for the brand of hvac we have. Everyone else wants $150 or more just to knock on the door.
OK. Thanks for the explanation. Still, the driver I had. Wow!
You forgot to throw in the ultra high mortgage rates. Much different world today.
In all honesty, correct me if I’m wrong, but this is the most advanced stage of capitalism this world has ever witnessed. Think all the crazy problems we are seeing in economics are due to this.
At the heart of capitalism is competition. Competition over time can become one sided if the game is not restarted. What happens in advanced stages of capitalism when the majority of participants just give up because they can’t compete with the top? Capitalism works when people work hard and are rewarded, capitalism fails when they work hard and see no reward. Just like a child that encounters a video game that is too tough, they will stop playing the game. Economic games are no different. You can’t have a functioning economy with that many players exiting the game. At least that’s what you would think, but what do I know.
Maybe a universal wage solves this, maybe the system self corrects and brings back more balance in how capital is divided, who knows, but we will surely find out.
3b says:
August 9, 2017 at 3:22 pm
So we have really low interest rates but really high housing prices that are contributing to the historic low home ownership rate among young people. Yet back in the 80s myself and all my friends were able to buy houses in our early to mid twenties and have kids with a stay at home Mom. Just saying.
Trump cares
Of course Fatman doesn’t veto this.
https://www.njspotlight.com/stories/17/08/06/appeals-court-approves-housing-development-in-highlands/
Who got paid off to put that through….just criminal.
You know what might be the saddest aspect of this whole situation, you have vacant cheap land in good locations, but no one wants to touch it because of who lives there. So instead that developed land rots and they go cut down the forrests in the mountains to build more housing. Sad, really sad.
It can’t be vetoed you dummy. It has nothing to do with the governors office.