From the Star Ledger:
Vote on $15 minimum wage for N.J. coming soon, top Democrat says
Assembly Speaker Craig Coughlin said Friday he expects his house will vote in the coming months on a much-anticipated bill raising the minimum wage gradually to $15 an hour.
Despite broad support among Democratic lawmakers for this big boost in the minimum wage, legislation has snagged on disagreements over whether certain categories of workers should be excluded.
Coughlin, D-Middlesex, said on radio station 1450 WCTC that he hopes to have a completed bill “in very short order” that the Assembly can vote on in December, at the earliest.
“If it doesn’t get done at the Dec. 17th voting session, then it will be done right after the new year, probably at the first voting session in January,” he said. “At least that’s my goal as of right now.”
Senate President Stephen Sweeney, D-Gloucester, told NJ Advance Media on Friday that Coughlin has been drafting a bill that will become the basis for negotiations between the two houses.
Sweeney is hopeful the Legislature can meet the speaker’s timeline, he said.
“I’m going to work with the speaker and I expect to get it done,” Sweeney said. “I think we’ll get there pretty quick.”
New Jersey’s minimum wage is $8.60 an hour. It will rise 25 cents an hour to $8.85 on Jan. 1, based on a constitutional amendment tying annual increases to changes in the consumer price index.
First
Surprisingly smoky in the bay area. Downtown this morning then I’ll head over to Palo Alto.
Smoke has been bad. Unfortunately my wife is with my son in the Hospital up on Hyde for last week. They are giving out masks if you go outside.
Did you see the video of the Kings bb game, the smoke infiltrated the arena
The fire is big local news.
“Camp” is apparently worse wildfire in Ca. history.
Weird drinking scotch at a bar at 10AM watching Todd Bowles epitaph
I’m glad I voted on that Minimum wage state constitutional amendment only to have it radically adjusted a few years later.
Camp is most damage, but I don’t think it’s the largest geographical area yet. A lot of people stupidly build homes up in those hills. This happens nearly every year. When I lived out there, lots of fires up near Flint Ridge-La Canada. Yet people continue to live where they shouldn’t.
Update on the China housing bubble as it continues unabated.
Q1 2018 – 70% of all new home purchases in China are second or third homes for the buyer.
10 year chart.
https://pbs.twimg.com/media/DriO-EXXQAI8pLv?format=jpg
I visited Malibu after the 1993 fires, about 700 homes turned into ashes, entire streets of manions just gone. They always rebuild.
They continue to rebuild becuase the taxpayers are chipping in to pay for it.
https://www.bloomberg.com/news/features/2018-03-01/why-is-california-rebuilding-in-fire-country-because-you-re-paying-for-it
Juice I saw something over the weekend apparently there are millions of empty apartments all over China.
I have to say on our recent trip to Paris the people were absolutely friendly and helpful went out of their way with directions etc. we witnessed no anti Americanism at all. Trip was wonderful and Barcelona was beautiful!
I was at wedding in Napa in July, the smell of burning was everywhere and there were small fires breaking out in town and the sounds of firetrucks racing north. The San Fran crowd was in-town for the weekend to party on however, the crowds in the Napa area that weekend all were busy partying as tired and worn out firemen took a break nearby areas to eat and rest. Those partying were pretty much oblivious…
Why rebuild? Cause Miley Cyrus sez to.
Rare these days…more of this please…
Watch: Congressman-Elect Dan Crenshaw Accepts Apology From SNL’s Pete Davidson
https://www.realclearpolitics.com/video/2018/11/11/lt_com_dan_crenshaw_accepts_apology_from_snls_pete_davidson.html
Essex,
Where are you located in proximity to all these fires? Is your house in danger?
We are safe and sound. Thanks. They evacuated parts of the next town over (Thousand Oaks and Westlake)
Stay safe.
Thanks man.
Worst case scenario, marshmallows!
When we looking at homes especially in those two particular towns I noticed these berms huge hills that some of these homes where ‘planted’ in and of course the vegetation is completely dry and cracking under foot. I never really felt comfortable with that scenario and avoided those. We settled on a place that fortunately is next to a huge farm that is a buffer against of all the flames. The Thomas fire amp through very close last year with it’s acrid air and walls of flame. It tempers whatever giddiness one might feel at escaping the Nor’easters and various icy roads. But between you and me, it’s strange to be someplace that is so incredibly dry. Ever see the Spongebob where he runs out of water in the squirrel’s dome? Drier than you can ever imagine. Couple that with the density of homes in most places and once one goes up, everything nearby might as well too….some are 10 feet apart. We are a bit farther from the neighbors, our place was built in the 80’s. Remember the 80’s? Damn fine decade.
With a renovation and a sweet vista, it is really paradise sometimes. Cept, those pesky flames….
Nor’easters and Hurricanes vs Earthquakes and Wildfires…
At least the weather is nice in between.
It doesn’t rain a drop for 8 straight months! Homeless set up shop in the dry rivers.
Negative consequence of capitalism…..speculation. Chase that profit! China let it get too out of control, no easy fix now.
Gotta love capitalism, millions of people homeless in china, yet millions of homes are left vacant due to the rules of capitalism. It has flaws, major flaws. It’s not as efficient as some make it out to be.
3b says:
November 12, 2018 at 11:17 am
Juice I saw something over the weekend apparently there are millions of empty apartments all over China.
Busy roads are where the uneducated raise their children…if you don’t think what I say is true, you are ignorant.
Yes, absolutely! God, you must be a genius!
The Original NJ ExPat says:
November 12, 2018 at 4:24 pm
Busy roads are where the uneducated raise their children…if you don’t think what I say is true, you are ignorant.
You don’t live on a cul-de-sac? You must be ignorant.
Not a cul-de-sac, but a dead end. There were kids kicking around a soccer ball in the street today. Ever seen that on your highway?
🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃
Hahahahahahahahahahahahahahahahahahahahha!!!!!!!!!!!!!!!!!!!!!!!!!!!!
🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃
I forgot. No kids on your street, probably nobody under 65 either.
Coming from a guy who raised his kids on the 20th floor of some building in Boston. Did they enjoy kicking the ball around in the hallway?
“Not a cul-de-sac, but a dead end. There were kids kicking around a soccer ball in the street today. Ever seen that on your highway?”
Boy, quiet here except for the site’s retard.
-Does anyone enjoy the smell of Indictment in the Morning?
-Is Mueller going to give the Orange Juniors a heads up, or just tell Secret Service to hold him until they pick him up and do a perp walk?
-The telltale sign are 1) in DC with his criminal lawyer, for a friendly and fast indictment/booking process 2) Dow down 600, big boys know the gig is up.
Internet etiquette articles are a vast wasteland of vanity, hypersensitivity and pseudo knowledge. Once in awhile they provide they provide a gold,comedy nugget..
Don’t use “I’m sorry”. Try “thank you”.
Instead of attempting to stop yourself from saying something altogether, the user suggests replacing that oft-repeated “I’m sorry” with two different words: Thank you. This flips the script and changes something that could be perceived as a negative mistake into a moment for you to express your gratitude and appreciation.
Comment to article: “Thank you for finding me sleeping with your sister.”
I think we should give credit to Pumpkin if he has been telling people to buy in the past 6 years…
I feel this forum members are always advising to not buy and you will never buy if you hang out on this forum..
This is the article I read. In case some people don’t understand my post below, I’m referencing people buying second and third homes and letting them sit empty.
https://www.bloomberg.com/news/articles/2018-11-08/a-fifth-of-china-s-homes-are-empty-that-s-50-million-apartments
The Great Pumpkin says:
November 12, 2018 at 3:36 pm
Negative consequence of capitalism…..speculation. Chase that profit! China let it get too out of control, no easy fix now.
Gotta love capitalism, millions of people homeless in china, yet millions of homes are left vacant due to the rules of capitalism. It has flaws, major flaws. It’s not as efficient as some make it out to be.
Bingo. Have to understand their bias, for most of them, the stock market is the only place to invest. They see real estate as a bad investment.
Real estate has been good to me….will not see me bash it. I know how well it can pay out. Off of 40,000, I made a lot.
“I feel this forum members are always advising to not buy and you will never buy if you hang out on this forum..”
Pumps is spending his whole life trying to convince himself he didn’t screw the pooch…if you don’t think what I say is true, you are ignorant.
Sure Trumpkin..I’ll tell my brother how great RE is on Thurs. when I see him. $100k lost and counting. Blumpkin also promoted buying up Paterson. I guess those plans are done now that AMZ is out of area.
Between appreciation and rental income(300-400k on appreciation alone, never mind rental income), I have made hundreds of thousands of dollars over 18 years on my original 40,000 investment. It has its place in the investment world.
Since people always play this game on this blog….Had I invested that 40,000 in the stock market in 2000….I would prob have almost nothing being that the stock market busted soon after and then again in 2008. No way it comes close in this scenario.
Bystander says:
November 12, 2018 at 6:54 pm
Sure Trumpkin..I’ll tell my brother how great RE is on Thurs. when I see him. $100k lost and counting. Blumpkin also promoted buying up Paterson. I guess those plans are done now that AMZ is out of area.
Horse shit. Plenty of us bought in a few years back and gave our reasons why. We just aren’t pumping it like a get rich quick scheme.
When it comes to any investment, what matters is timing. You need luck, no way around it. Timing is everything.
Yes, you create your own luck, but no doubt about it, you need to be lucky. Anything can go wrong at any given time.
Kill me now!
Pumps has zero friends…if you don’t think what I say is true, you are ignorant.