From CNBC:
Weekly mortgage applications point to a remarkable recovery in homebuying
If mortgage demand is an indicator, buyers are coming back to the housing market far faster than anticipated, despite coronavirus shutdowns and job losses.
Mortgage applications to purchase a home rose 6% last week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Purchase volume was just 1.5% lower than a year ago, a rather stunning recovery from just six weeks ago, when purchase volume was down 35% annually.
“Applications for home purchases continue to recover from April’s sizable drop and have now increased for five consecutive weeks,” said Joel Kan, an MBA economist. “Government purchase applications, which include FHA, VA, and USDA loans, are now 5 percent higher than a year ago, which is an encouraging turnaround after the weakness seen over the past two months.”
As states reopen, so are open houses, and buyers have been coming out in force, if masked. Record low mortgage rates, combined with strong pent-up demand from before the pandemic and a new desire to leave urban downtowns due to the pandemic, are driving buyers back to the single-family home market. It remains to be seen if this is simply the pent-up demand or a long-term trend.
Apparently only King Murphy can make the rules now…
https://www.nj.com/coronavirus/2020/05/nj-campgrounds-are-open-for-business-after-coronavirus-restrictions-eased.html
According to several announcements Tuesday, some New Jersey campgrounds would be allowed to reopen immediately, well ahead of Memorial Day weekend. However, Gov. Phil Murphy’s office said those announcements were premature, and there is no official plan to reopen the grounds.
The back-and-forth on reopening started Tuesday evening, when State Senate President Steve Sweeney, Senator Steve Oroho and the New Jersey Campground Owners & Outdoor Lodging Association (NJCOA) all announced the reopening of recreational campgrounds, effective immediately.
Hours after the announcements, however, a spokesperson for Murphy said the grounds were not yet open. “Recreational campgrounds remain closed,” the spokesperson said, noting that some residential campgrounds are open.
Did the North Wildwood Mayor check with the Governor? This seems like it’s not allowed…what if they serve fries with the take out booze?
“In an effort to head off what would be an enforcement nightmare, North Wildwood has designated certain areas in Commercial Districts where the consumption of alcohol will be allowed until the public health emergency is over,” Rosenello said.
Specifically, the mayor said, the areas will be at at tables and chairs placed in the public right of way adjacent to bars and restaurants.
Rosenello added that drinking is only allowed in those areas and that any gatherings of “non-household or family members” will not be allowed.”
I expect within weeks King Murphy will be dethroned by some Federal Judge.
Atilis gym in Bellmawr has raised about $40k for the legal defense against the two tickets they got so far from the town. Apparently one gym member was arrested for not giving his name.
https://www.gofundme.com/f/mk6ez-atilis-bellmawr-court-relief
Their other go-fund me to stay open (pay rent etc) only raised 17k.
Governor has not sent in the State Troopers yet, but AG Grewal is just itching to put on his State Police Jacket and a vest and crack some skulls. I wonder if he got himself a State Police Logo emblazoned on his dastaar like the NYPD has?
The gym will be open again today, local PD says you can protest from your car LoL…
The republican mayor was going to check with the governor?
There is actually no state law that outlaws public consumption of alcohol, this is generally handled by municipal regulations.
No law says you have to close at 8PM either.
Here is a video of someone in Bernardsville NJ streaming/selling on FB and the neighbors ratted her out to the local PD, they even say you “must” wear masks.
The lawsuits are going to pile up,the police are completely wrong here.
Fast forward to 2 minutes.
https://tinyurl.com/yc325cjb
Exactly what I was talking about yesterday. Neighborhood is prob fine based on the high scores for elementary and middle school…then it drops off a cliff for the high school as the more local population gets involved.
My point, it’s not like north jersey where town after town is desirable with good schools. Yes, Texas has desirable neighborhoods, but not town after town based on desirable living. It’s a lot more sh!t sprinkled in with nice. North jersey is a lot more nice sprinkled in with sh!t. That’s the difference.
Show me another part of the country where you can go town to town with almost all being safe, good public schools, and host to a desirable professional population. Forgot to add the most important ingredient…and also has access to high paying jobs or access to good paying customers if you start a business.
This house you showed is prob a good location, but it’s just not the norm for most of Texas. And we are focused on the avgs, not pockets. Based on the ability to make money, you know how hard it is to make it to the nice neighborhoods in Texas or Florida? You have to be very fortunate to have a good job in those locations. In nj, it’s much easier to find those jobs or businesses, hence, why north jersey is pretty much town after town of good living.
Crushednjmillenial says:
May 20, 2020 at 7:25 am
The house linked below is my personal best example of re-locating from nj for a better life. I’ve traveled throughout much of the US on business and have seen everyday areas of a lot of our larger cities (rather than just the main tourist attractions).
And when comparing places like Nashville to NYC, just stop. Nashville is like 3 blocks of major city, nyc is insane….it’s a skyline of huge sky scrapers. Jersey City or Hoboken would be a huge city in another state, but because they are considered a part of nyc, we don’t look at them like that.
Looks like staycation means home improvement boom, people are looking for pools in droves.
https://www.nj.com/news/2020/05/backyard-pool-sales-booming-as-coronavirus-keeps-us-stuck-at-home-this-summer.html
“Sheri Neuberger, the office manager of Metro Pools in Kinnelon, said the requests for new in-ground pools have been pouring in. They usually do about 30 pools a season, but so far they’ve received about 1,000 requests for a price.”
Juice,
Amazing how events dictate humans to think or act a certain way. Pools are in! Lol
Backyard investments are HUGE right now.
Tiki bar anyone?
Tiki! Oh yasssss
Pumps you are forgetting one key element.
NJ if you are in an industry that pays you really well,
Otherwise you are just suffering by paying outsized prices
for homes you can’t afford.
Grim my Tiki bar is up and ready! Soft opening last weekend. Grand opening this weekend!!
“Wealthy tenants are SQUATTING in multi-million dollar homes in the Hamptons and refusing to pay rent after NY issued a non-eviction order due to the coronavirus crisis.”
“Oh, the humanity!”
It’s not like they cannot afford to pay……
https://www.dailymail.co.uk/news/article-8339375/Wealthy-tenants-SQUATTING-multi-million-dollar-homes-Hamptons.html
“Otherwise you are just suffering by paying outsized prices
for homes you can’t afford.”
I work with a group of young people and let me tell you they have a hard time trying to find a house with the money they make (professionals) and the amount boomers think their crapshacks are worth plus the taxes that Pumps feels are necessary to keep him living the life he is accustomed to.
I tell them you are young, get out of NJ before it sucks you in like quicksand. It’s a bottomless pit-and your speed going down is increasing exponentially.
Essex,
For sure, I’m just pointing out that there are so many more opportunities to hit it big in NYC metro market. Even though every county in nj is a metro county (only state that has this) Look at the areas in nj that are the farthest away from nyc and philly markets.. it’s like night and day.
If you see this impact in nj, how can you not understand how most of these other cheap locations are. Jersey bashers are funny, they won’t live in cheap areas of jersey, but will travel across the county to live in a cheap areas in another state. Then try to convince their friends and family how much better it is… misery loves company.
Phoenix,
They are young, they have to put in the time. In time, they will be able to afford it.
Phoenix,
I can find them plenty of homes in the 400-500k range in a good school system. Houses won’t be dream homes, but they will be good homes to start with. Build up equity and then upgrade to dream home in 40’s or early 50’s.
Problem is, everyone wants it all NOW…
Pumps,
Just the fact that you and your cohorts are owed 200 BILLION dollars just in retiree benefits are a good reason to not live in NJ. Murphy asked Trump for a 500 BILLION dollar loan. Maybe you can ask some of the math wizards where you work to have them explain to you in simple terms just how much money that is. Maybe they could do it for you with some blocks in a kindergarten classroom.
It’s going to implode. Give it time.
Phoenix: You are absolutely right. No need for young people to kill themselves to pay for some old boomers POS cape, and zero quality of life. Of course those of us who actually work in the corporate sector, actually have the insight to be able to comment.
The $500 Billion dollar loan was Sweeney’s idea.
The Bank of NJ would be a better Idea, lending multiple of its reserves to pay the pensions.
And the reason why does not matter any more than the reason that Covid is here. Yeah you asked for too much. Yeah the stock market did not perform like some narcissistic overly optimistic muppet in finance told them it would. Yes that cretin Christie Whitman was a one woman wrecking ball like the Theranos lady.
None of this matters. It’s done now. But like most old people they only care until they get out and to hell with those that come after. Same narcissistic thinking that got our masks made over in China along with drugs and everything else. Just keep waving your flags as you destroy your neighbor’s children’s futures. Personally I am not drinking the cool aid. No wonder this country is divided on everything- rich/poor, women/men, repub/democrat, etc. Never thought I would see middle aged women spitting on food like the Karen’s they have become. George Carlin was right about so many things….
It will be bailed out by the fed. NJ economy is too important to let it die…
Quality of life is good, what are you talking about?
“No need for young people to kill themselves to pay for some old boomers POS cape, and zero quality of life.”
“The $500 Billion dollar loan was Sweeney’s idea.”
JB, thanks for the correction.
For entertainment, here is your Karen of the day video.
https://www.reddit.com/r/PublicFreakout/comments/gn1lv3/shouldve_just_signed_the_document_now_youre/?utm_source=share&utm_medium=web2x
Last bit of my backyard oasis is getting done today, new pool liner installation. Old one was 14 years old, I was able to keep it going much longer do to proper maintenance, and keeping the Chlorine levels low as possible. I wonder if going to my new Salt system will affect the life of my liner more than the chlorine tablets did, I expect this will be the last bit of work I do for a while. I don’t have a Tiki bar or outdoor kitchen, just a nice grill area and a nice brick firepit with some really nice teak wood chairs I refinished by hand last season.
Two things to blame here… people obsessed with cheap and the competition to serve them cheap for profit.
“Same narcissistic thinking that got our masks made over in China along with drugs and everything else. Just keep waving your flags as you destroy your neighbor’s children’s futures.”
No law says you have to close at 8PM either.
Here is a video of someone in Bernardsville NJ streaming/selling on FB and the neighbors ratted her out to the local PD, they even say you “must” wear masks.
The lawsuits are going to pile up,the police are completely wrong here.
Fast forward to 2 minutes.
https://tinyurl.com/yc325cjb
Common sense has gone out of the window. If people have figured out how to operate on their own while not exposing the general public, leave them alone. And the fact that the people in town are calling the cops on her is despicable.
Richardson is a nice town. It has DFW area’s Chinatown. Although it’s not a Chinatown like east coast cities, it’s a few plazas full of Chinese stores and restaurants. It also has the National or regional headquarters for several major insurance companies. Richardson and neighboring Plano, and Carrollton are heavily Chinese, Korean, Japanese, and Taiwanese with lots of East Asian grocery stores, restaurants, and businesses.
Almost all of the towns and cities in the northern suburbs of Dallas are very nice. It’s where major companies are relocating to from California. But you can’t find any pos capes for 500k. Fort Worth, Dallas, and Arlington have some bad areas and there Are a few bad towns too, but otherwise Dallas, Denton, Collin, and tarrant counties are very nice.
Juice, just make sure you social distance. That new police drone can see right over your privacy fence. The next model will air-drop you a citation, and the one after that will just poke you in the neck with some paralytic agent.
As for the lady in Bernardsville. First they came…… You know the rest. Just wait till your children grow up-and remember the adults created this.
“Wealthy tenants are SQUATTING in multi-million dollar homes in the Hamptons and refusing to pay rent after NY issued a non-eviction order due to the coronavirus crisis.”
“Oh, the humanity!”
It’s not like they cannot afford to pay……
https://www.dailymail.co.uk/news/article-8339375/Wealthy-tenants-SQUATTING-multi-million-dollar-homes-Hamptons.html
There is a certain subset of the wealthy population, probably very small, that is wealthy simply because they don’t pay their bills. I’ve had two instances where people that live in palaces skipped out on payments. The business admin at my last district actually got the accounts suspended from multiple vendors because his idea of balancing the budget was not paying vendors. We didn’t have tissues for 6 months.
Amazing how events dictate humans to think or act a certain way.
Modern day Socrates.
Britain sells its first negative rate bond offering. It will be coming here soon, regardless of what Powell says.
Three houses for sale in my neighborhood including my immediate neighbor’s. The first one on the market – 3 houses down, burnt down last year and rebuilt from scratch with a big addition, extra rooms, etc – while it was priced right, it didn’t go off the market for about 6 months, until last week. Immediate neighbor, priced lower – but more dated had offers within a week. Third house was on the market since Feb, and closed a few weeks ago – right in the middle of the shutdown.
All in Princeton area.
So contrary to my expectations, houses are moving faster than expected
3B – re: “negative rate bond.” Distinction is these are government bonds. Sort term money to be made too much QE money going to government bonds, means to an end as short term price is inflated that way, no skin off the initial investor as the price will rise as central banks buy more and more government bonds via QE etc. Long term loser for sure but the lesson learned from Japan over decades is short term it pays.
10:09 “the iMpAcT of nJ” is that unless you are making $300k you are struggling. Even “if” you make that and can’t save because of the onerous tax structure. At that point reasonable people ask themselves if it is worth it.
Juice: Understand. But ultimately you lose. It’s just mind boggling. Even before the pandemic we were probably going to go negative, but hey the economy is/was booming!!
3B Central banks have essentially turned the bond market into the world’s biggest Ponzi scheme, you have to be in on it, there is no other choice.
And if you are not married, that 300k you need to make is on you. Although if you are not married you can live fine on less, but you better squirrel a good chunk of it as if you lose your job it’s AMFYOYO.
Here’s a 90s colonial in Carrollton to
https://www.realtor.com/realestateandhomes-detail/4101-Province-Dr_Carrollton_TX_75007_M80224-83738?view=qv
Same price point. New providence from the 1950s
https://www.realtor.com/realestateandhomes-detail/244-Elkwood-Ave_New-Providence_NJ_07974_M61812-36286?view=qv
And a cape in Wayne nj
https://www.realtor.com/realestateandhomes-detail/142-Valley-Rd_Wayne_NJ_07470_M50688-77647?view=qv
Folks lining up to own dirt?
https://www.cnbc.com/2020/05/20/weekly-mortgage-applications-point-to-remarkable-bounce-in-homebuying.html
I guess if you’re going to be at home all the time, might as well do it in the comfort of your own place. Huge demand for in-ground pools as well.
Pumps hardly anyone hits it big. And the ones that do …
Well they live below their means in NJ unless there want that humongous tax big that comes with location and square footage here in the Garden State.
https://nypost.com/2020/05/20/joe-bidens-phone-calls-with-former-ukraine-president-poroshenko-released/
Roaring 20’s 2.0 was always based on this. That Huge demographic group would finally go to work buying homes and starting families driving the economy. Imagine if this virus never hit, would be on fire!!
AP says:
May 20, 2020 at 12:16 pm
Folks lining up to own dirt?
https://www.cnbc.com/2020/05/20/weekly-mortgage-applications-point-to-remarkable-bounce-in-homebuying.html
I guess if you’re going to be at home all the time, might as well do it in the comfort of your own place. Huge demand for in-ground pools as well.
If you are living in a nice north jersey community…you made it. Not everyone gets to raise their family in these types of environments. People that get to are so lucky in comparison to the world population, it’s not even funny.
ExEssex says:
May 20, 2020 at 12:25 pm
Pumps hardly anyone hits it big. And the ones that do …
Well they live below their means in NJ unless there want that humongous tax big that comes with location and square footage here in the Garden State.
Juice Yes they have! Does it all collapse at some point?? Bizarre times we are living in.
And roaring 20’s 2.0 is still in play. It’s only 2020, and this virus might have been just big bump in the road; stock market sure thinks so.
12:48 sure and a disproportionate amount of your income goes back to the State which mismanages it and abracadabra you’re f-cked. That being said being a cop or a teacher is great as long as you can take your pension with you to a cheaper place after you retire. Only the die-hard lifers can afford to retire in Jersey. Amirite?
Gardening is finally starting to pay off, after a few years of fairly dedicated, although at times spotty weeding, mulching, trimming, you know the drill.
Nothing like taking a call or watching a webinar while it’s sunny out, and the lilac-scented breeze pays a brief visit
Ordered a taskrabbit run to pick up a new gas tank from home depot. Twenty something bucks to avoid exposure seems worth it. The future is direct-to-customer e-commerce, delivery everything, virtual reality, and tons of home cooking
I’m looking at one of these: https://youtu.be/6lx5vjRaLRs
Here is some Due Diligence on the Biden call.
https://twitter.com/ChristopherJM/status/1262817553644163079
Anyone for some old country charm:
https://www.instagram.com/p/CAavWAOBgrU/?igshid=1hpas4ccfzgoa
5,368 dead and counting: An investigation of state failures as crisis rampaged through N.J. nursing homes
https://www.nj.com/coronavirus/2020/05/5300-dead-and-counting-an-investigation-of-state-failures-as-crisis-rampaged-through-nj-nursing-homes.html
I’ll summarize….the state fcuked up. They can blame nursing home owners all they want…some of them are state run facilities…
The HD near me…you order online…drive up…and they load it into your trunk. You never have to get out of your car.
” as long as you can take your pension with you”
Jersey is nice enough to not tax the government pensions after retirement, a gift that is given to those employees but not those who worked in private industry and paid taxes for years.
D-Fens,
Ok for some things, but would not want anyone else picking my lumber of choice. Quality varies drastically at HD.
D, I wanted to trade in my empty, and the folks at my local one told me I’d have to walk inside, which I thought was odd. Gonna try again next time, although that one tank should last us the season. Not planning any huge pool parties this year.
By the way, best thing I did was to spend a couple hundred more last year for a Weber. Previously cheapo grill literally disintegrated on me. By the time I put it on the curb it was mostly rusty dust. This one doesn’t even break a sweat at anything I throw at it. Hope to have it for many years
Choirs spread corona
https://www.news.com.au/lifestyle/health/health-problems/coronavirus-man-gives-52-people-virus-in-25-hours-at-choir-practice/news-story/9c9db88c2ca2129cb0ad60177b11856c
I would think heavy indoor exercise and shouting at sporting events increase the likelihood of spreading it too.
Round 2?
https://nypost.com/2020/05/20/china-placing-massive-ppe-orders-sparking-fear-of-another-coronavirus-wave/
I still have a weber that was brand new in 1999. Works just fine. Great investment. My wife always offers to get me another one but why bother? This one works fantastic.
AP says:
May 20, 2020 at 3:13 pm
D, I wanted to trade in my empty, and the folks at my local one told me I’d have to walk inside, which I thought was odd. Gonna try again next time, although that one tank should last us the season. Not planning any huge pool parties this year.
By the way, best thing I did was to spend a couple hundred more last year for a Weber. Previously cheapo grill literally disintegrated on me. By the time I put it on the curb it was mostly rusty dust. This one doesn’t even break a sweat at anything I throw at it. Hope to have it for many years
I have a Weber too. About 10 years now. No issues, except the starter broke somehow over the winter.
If you like Weber’s circular grill, go look into the custom cast iron grates that some people make for them. Some of them have a hybrid flattop section and grated section. It’s pretty sweet. Some of the companies will even put your own design on the grate.
I’m surprised there hasn’t been more articles about comparing a pandemic to “we’re at war” being wrong on many levels.
That being said, it is accurate in that when at war governments grab more power, encroach on more rights/freedoms and never ever give up it’s new found powers, and that will be the same due to this event.
Lastly, the need for government transparency is needed the most in times of crisis when ’emergency powers’ are exercised.
—————–
No, COVID-19 Isn’t Like the Vietnam War. It Isn’t Like Any War.
https://reason.com/2020/04/29/no-covid-19-isnt-like-the-vietnam-war-it-isnt-like-any-war/
The coronavirus pandemic has killed roughly as many Americans as died in Vietnam. But the war metaphor serves mostly to sweep aside skepticism and dodge difficult questions.
—————–
This goes for all levels of government, but here’s a clip of our idiot governor not answering the question:
https://www.youtube.com/watch?v=FPBRQKwelzs
Why did you sign the bill rolling back the Open Public Records Act?
Let me say something that is probably apparent to you. We’re at war.
New Webers have a battery in the starter button.
Thanks grim maybe I just need a battery.
The gym owner that is defying the stay closed orders, served 5 years for vehicular man slaughter. 10 years ago he drank a dozen beers and blew a stop sign and killed a 19 year old. The guy is a POS!
Wow the reflection of the sunset in the NYC skyline tonight was amazing. God I love coming over the hill down rt 3 during the long (spring) summer twilight.
Goodwin
To the ObamaBots, Susan Rice’s “Dear Diary” e-mail to herself on Donald Trump’s Inauguration Day is no big deal. To which the rest of the world channels John McEnroe and shouts, “You can’t be serious!”
Oh, but the ObamaBots are serious — about protecting themselves. They’ve been caught running a spying operation on the incoming administration and now are telling the world to move along, there’s nothing to see here.
Fat chance. There’s lots and lots to see here. And having waited more than three years to see it, we are not about to let this moment pass quietly.
Potentially, we are witnessing a seminal event in the quest to expose who knew what and who did what in the illicit effort to tip the 2016 election to Hillary Clinton and, when that failed, sabotage Trump’s presidency.
The criminal probe by US Attorney John Durham likely will provide many answers and, hopefully, Attorney General Bill Barr will pursue legitimate prosecutions. But for now, the declassification of a portion of Rice’s e-mail fills in some blanks and whets the appetite for more answers.
The e-mail recounts a meeting on Jan. 5, 2017, where top officials discuss the monitoring of incoming National Security Adviser Michael Flynn’s conversations with the Russian ambassador. Though FBI Director James Comey says Flynn hasn’t revealed any secrets, he worries about how often the two have spoken. President Obama asks if they should withhold information from Flynn. “Potentially,” Comey replies.
The beauty of the e-mail is also its puzzle. Oddly, Rice puts Obama and Vice President Joe Biden in the middle of a scam, places acting Attorney General Sally Yates at the scene and implicates J. Edgar Comey.
By doing all that, Rice inadvertently confirms that a deep state will be more loyal to the former president than the new one. Resistance, leaks and ultimately impeachment will be the poisoned fruit of that cabal.
Still, the central question about the letter has always been why. Why, on her last day at work as Obama’s national security adviser, would Rice feel the need to put down in writing what happened at an Oval Office meeting 15 days earlier?
Part of the answer has been obvious since the e-mail first surfaced more than two years ago. Three times, Rice wrote that Obama used the phrase “by the book” to describe his instructions, a clear effort to create a narrative that Obama did nothing wrong.
That view is buttressed by a belated statement from Rice’s office Wednesday that she wrote the memo at the suggestion of Obama’s White House counsel, Neil Eggleston. His job was to protect the president, which the memo aims to do.
But the move is so clumsy and patently obvious that it not only fails to protect the president, it actually raises more serious questions about his conduct. Remember, this is the only time where Obama is documented discussing the investigation into Flynn or any other part of the 2016 anti-Trump effort, meaning it is proof he knew about it.
That he already knew means there must have been other, earlier discussions involving him. Let’s hear about those, too. Are there more memos?
And why was Obama’s White House counsel so concerned about the need to protect him? What did Obama do that his lawyer, on the last day of his presidency, was worried about?
It’s also not clear why the section was classified until Tuesday where Rice quoted Comey as saying he had concerns about sharing intelligence information about Russia with Flynn. Given what we’ve learned in the last three years about the grand scheme of things, that section is less important than the fact that the meeting was in the Oval Office and Obama and Biden were there.
Yet perhaps we give the whole team too much credit in assuming the Rice e-mail has some grand, hidden significance. Maybe there’s nothing more to it than meets the eye. Which happens to be plenty.
Instead of examining entrails, let’s pull back the lens and get a bigger, fuller picture.
I see two things: there is a plot to target Flynn that Obama and Biden know about and approve, and there is an effort to cover up the White House role in the ginned-up probe of Trump.
There doesn’t need to be anything else. Those two elements are a damning indictment of Obama, Biden and everyone else involved.
Their frame of mind is easy to grasp. All the participants know their time is up and their worst nightmares are about to come true. The awesome power they have abused for their partisan purposes is being transferred to Trump, who represents everything — and everyone — they despise.
The man they conspired to destroy will soon be sitting in that very office. They never saw this day coming. They had assumed everything they did would be buried in a Clinton presidency.
Almost as bad, Flynn, a security hawk who was fired by Obama, is going to be in a position to find all the dirty laundry. He’ll be able to discover the crooked FBI investigation into the Trump campaign and the misleading FISA-court applications to spy on American citizens.
He’ll learn about the use of the Steele dossier that Clinton financed, and that the CIA and the State Department were involved in trying to dirty up Trump.
Comey especially had reason to worry because his fingerprints would be on everything. Up to his eyeballs in dirty tricks, he would be finished, maybe even prosecuted, if the whole truth came out.
Flynn had to be stopped. Obama had urged Trump not to hire him, but the new president ignored the advice. If they didn’t kill Flynn, he could take them all down.
Comey had the transcripts so he already knew that there was no criminal evidence against Flynn growing out of his conversations with the Russian ambassador, but this wasn’t about guilt or innocence. This was a fight for survival.
So, just four days after Trump’s inauguration, Comey sent two agents to the White House to try to trap Flynn into lying. Comey would later boast he took advantage of the helter-skelter start of the administration and did not follow the usual custom of getting approval from the White House counsel.
That alone is an unforgivable act of treachery against a sitting president.
The agents, one of whom was the odious Peter Strzok, misled Flynn about the nature of the interview, advised him not to get a lawyer and withheld the fact that they had listened to his calls with the Russian ambassador, hoping he would lie about the contents.
Thanks to a leak of classified information to The Washington Post about those calls and Yates’ intervention, Flynn soon was fired for not being straight with Vice President Mike Pence. Special counsel Robert Mueller, Comey’s friend, and his anti-Trump zealots later used the rigged interview to prosecute Flynn.
For more than three years, that kept a dangerous man quiet and out of the way.
So what if he was railroaded. It was all done “by the book,” just as Obama ordered.
I really could not care less about Trumps feelings, his stupid conspiracies or his poll numbers. This election will be an IQ test as much as a test of the Nations’ patience for keeping an imbecile in office for another 4 years.
Speaking of Weber, I do have the cast iron grates, which kick ass, though I still haven’t figured out a smart way to get enough oil on a rag without having to reoil the rag and contaminate the oil container.
Best part of the Weber (I have one from 1999 that still works great though a tree fell on it) is that you can find people throwing them out when ever they move. You can salvage the parts pretty easily and in most cases, they are in near perfect condition. I have a spare everything in the garage (including a whole spare working grill).
I’m no longer a weber fan, they have moved most of their manufacturing to china…… It used to be an American product, not so much anymore. My sister has a lynx built in, cooking performance of that is better than a weber, the thing is built like a tank. My house came with a summer kitchen, the built-in grill is not a lynx but it is close, really good except the company that made it went out of business and I cannot get parts. My mom replaced her weber last year with summit, I think it’s still made in USA but for nearly 3k it is not that good of a grill, the lynx Sedona for a few dollars more would have been better.
Blackstone has been churning out great products as of late. Their cast iron outdoor flattop griddle is awesome.
Speaking of Weber, I do have the cast iron grates, which kick ass, though I still haven’t figured out a smart way to get enough oil on a rag without having to reoil the rag and contaminate the oil container.
Squirt bottle?
People in high places do silly things without thinking. I remember back in the 90s, the Minnesota Timberwolves tried to sign Joe Smith to an illegal contract to circumvent the cap issues. They signed him to a shorter contract and had him secretly sign a contract saying he would have to resign at the end of that one for x amount of dollars. What were they going to do if he didn’t? Go back and tell him that they have a contract that violates the collective bargaining agreement to force him to resign?
Just remember, Jussie Smollet hired two idiots to do a fake assault and wrote them a check. Stupidity knows no bounds.
With respect to the administration…I think it’s a few things:
1. Arrogance
2. Laziness
3. Stupidity
Chi,
That has to be one of the worst pieces you have ever posted in here.
I really don’t get it. Last week you accuse me of “outing” Joyce as Karen, but you are in here with your “semi-private” persona posting this garbage. One of the few things myself and Eddie Ray agreed on is the fact that, yes we all know who you are, and if you weren’t working in that small boutique shop, you would have been out the door years ago for what you post here. You have taken exception to me since that day, but it still holds true.
But to this piece of garbage you did post, let me point you back to this blog six months BEFORE this WH meeting.
https://njrereport.com/index.php/2016/08/15/so-much-for-dragging-out-foreclosures/#comment-722220
We were discussing how many of the campaign operatives were caught up in this whole scandal. Think about that for a minute. How deep we got into that discussion given what was available in the public domain.
There are two big questions here.
How did the O administration handle an incoming NSA appointee who was seriously compromised and how did the Trump Transition deal with that knowledge?
For me I want to ask CC.
Is Donnie the Manchurian candidate?
One of the few things EDDIE RAY AND I agreed on is the fact that
I take exception to you because you are annoying
Trying to argue the use of a reflexive pronoun? Is that all you got?
https://www.nytimes.com/interactive/2020/05/16/nyregion/nyc-coronavirus-moving-leaving.html
fun tracing the mail-forwarding requests from NYC.
“fun tracing the mail-forwarding requests from NYC.”
I think I might be on the out of NJ mail forward request list soon. Does anyone know how the RE market is doing in Monmouth County ? I know that North Jersey is hot but I’m thinking Central Jersey shouldn’t be that far behind in getting some of those NYCer’s fleeing De Blasio’s Hell Town.
Spoke with the Nashville office a multinational entertainment company today. They claimed work from home was a success and are discussing expanded work from home going forward. 1 day in the office per week or so and for larger meetings. Thru end of year they are staggering people and restricting visitors (which includes me).
Spoke with Los Angeles as well. I got an email with instructions on how to install a VPN on my laptop and will be provided consultant authentication. All those years of flying coast to coast and now just like that *snaps fingers* the documents come to me.
Crazy.
May have already been posted, I seem to not be able to make it through all the postings these days since my face is usually buried in another screen but looks like the Bernardsville woman got an apology. Seemed like facebook comments were about 1500:2 in support…..
https://www.tapinto.net/towns/new-providence/sections/government/articles/bernardsville-shop-owner-s-live-facebook-stream-shut-down-by-local-police-7
One of my go to morning pieces….first few charts are on real estate and rentals…..
https://thedailyshot.cmail20.com/t/ViewEmail/d/E61CC7BB1C81ED2E2540EF23F30FEDED/05A12C9D8304A4DC23B7CB3C95A53812
I was pretty neutral on the gym reopening. There seemed to be a lot ore sensible steps to take now, such as retail, barbershops, etc.
Now that the guys full story has been revealed I think it pretty much confirms it. He’s a degenerate. Not the person to be making public health policy decisions.
I think Weber is currently way, way overpriced. The low end is plastic garbage.
To spend 1000+ on a three burner grill is insane. You can get other quality brands(eg broil king) for 50%.
lawsuits are piling up in federal court, expect a judge to gavel away King Murphy
Any day now, King Newsom not far behind
Charcoal all the way. I grill twice a week in the nice weather and once week in the bad weather , Weber kettle ,and I can get creative with iit too. I know I know but it’s more work and all but propane is for sissies
“lawsuits are piling up in federal court expect a judge to gavel away King Murphy
any day now”
As someone who has spent a fair amount of time in a courtroom, don’t hold your breath. Sloths move faster. The DMV moves faster. And both get it right more than the courts do. Plus time there is crazy expensive. All of those attorneys sucking down tax dollars at alarming rates. No wonder America can’t do anything anymore-it’s courts are clogged like an artery with clots. This country is really non functioning anymore-its like an 8 cylinder car where someone re-arranged all of the spark plug wires.
Obama and the Russia hoax people are maggots.
Whether they cared bout democracy ever or gave it lip service until they I don’t know, but when you the transfer of power, and attempt to abort the incoming government you destroy the system from the inside. We shouldn’t have expected anything less from someone who attended “god damn America “ Jeremiah Wright’s church or was mentored by domestic terrorist bill ayers.
This was an attempted coup, treason and executions should be under consideration.
You buy your high end Weber grills by scanning the Facebook marketplace or for-sale groups for Bergen County.
Inevitably someone sells an expensive house, with an expensive grill out back, and need it gone before closing.
I picked up a huge summit series all stainless weber last year for like $100. Gave it to my dad after I power washed it.
Same thing with $3,000 swing sets. Good god, why would you pay for that? People beg to get rid of them last minute.
$2000 grill, used maybe 4 or 5 times.
Jeesh…those Lynx grill start at like $3000 for a standalone. If I bought one of those I’d have to chain it to my deck.
I like the concept though…looks like you can swap out the top and convert it to a griddle, or an outdoor pizza oven. Making it modular is a neat idea.
Juice,
How do you ignite charcoal, fluid, electric or that tube thing you shove paper in the bottom of? Do you use the lump charcoal?
My last grill was a Craig’s list find. 15 year old Weber for 100. Replaced the grills and it lasted 7 more years until the powder coated frame rotted from the inside out.
When I shopped for a replacement last year the difference in quality between their low end Chinese made and next tier was stark, and so was the price difference.
If you are patient Craig’s list can be great but you need to do a lot more legwork.
The nice thing about Webers is that they are easily repairable. Spare parts are very common, and inexpensive. There are even third-party non-OEM parts manufacturers now, making repairs dirt cheap. If you keep an eye on the frame rust (for non-stainless models) – you can get 20 years out of it, easy. Even if you have the burner tubes go, the replacements are cheap, and you can swap them in under 5 minutes. I replaced the burner tubes, igniters, buttons on that Summit series grill for under $100, making the damn thing almost brand new.
Plenty of fancy models are nearly impossible to repair, parts are very difficult to find, go obsolete quickly, or are absurdly expensive. Every year Costco sells a big stainless monster that is a one off, made by an unknown manufacturer, for which any parts are impossible to find. Stainless looks great, but the interior rots out fast, making the damn thing useless.
I’ve seen a lot of guys build outdoor kitchens using commercial kitchen grills built into masonry bases. Lynx/Wolf build quality at 1/4 the price. But, alas, no bragging rights. You need to pull a serious gas line, but there is no substitute for BTU if you are burning dinosaur farts.
Grim are outdoor kitchens still a thing?
I just light it with lighter fluid and I use a propane blow torch to even out the spots that didn’t catch the way I wanted.
Everything backyard is HOT HOT HOT right now.
All my mason buddies are booked up laying down new paver patios, retaining walls, fancy backyard landscaping, pools, etc etc etc.
Another 2.4 million laid off nationwide.
Another week, and 40,000 more unemployed in NJ
Grim: I thought people would be more cautious in this environment, as unemployment continues to rise. Must be the immigrant parents thing in me.
Astonishing stat…
1 out of every 13 people that were in nursing homes in NJ is now dead of COVID-19
Murphy still polls with 70% approval rating….I guess people don’t give a sh1t
“Another 2.4 million laid off nationwide.”
Look at the bright side.
They now have all summer to grill with their Webers on their new paver patios.
Plus they can finally sell grandma’s house for top dollar to some sucker who is willing to overpay do to the extreme low interest rates and profit. That should get them into their twilight years.
Ever the contrarian I will be going back to work this fall…:)
D-Fens,
I’m no fan of Murphy, far from it, but really?
9/11 the planes were on the ground in 4 hrs.
Covid, the planes are still flying and seeding the entire country with Covid while your politicians were busy selling stocks as they had the early reports. Not one will spend a minute in jail.
And if you are so worried about grandma and grandpa, take them home. Nope, can’t afford to since you need 2 paychecks to purchase a POS cape with a 8k tax bill in a state that even with all these taxes is 200B in debt to Pumpy’s co-workers.
All of this at the same time we are still outsourcing the work of our fellow Americans to foreigners. How patriotic. Let me run and get an American flag made in Bangladesh by 10 year old girls.
And this is what makes Americans mad, your Karen of the day.
https://www.reddit.com/r/PublicFreakout/comments/gnu56e/karen_complains_and_cries_because_she_wore_a_mask/?utm_source=share&utm_medium=web2x
Health department sent to shut the Atilis Gym down. I hear they also cut off all the utilities.
State policy was to send sick people directly into those facilities so they did not take up a hospital bed.
Phoenix says:
May 21, 2020 at 9:55 am
D-Fens,
I’m no fan of Murphy, far from it, but really?
9/11 the planes were on the ground in 4 hrs.
Ever the contrarian I will be going back to work this fall…:)
Holy c.rap! The next thing you know, we might actually agree on something!
Phoenix
That woman is a nut job. More proof pets and books are better than people.
Essex
You can switch to taking a magnesium chelate tablet before you go to bed. You will have wild dreams and be able to pass a drug test.
9/11 was an event that we watched unfold on live TV. I remember the middle of march pretty clearly. We had a handful of confirmed cases. This thing was moving through NY and NJ silently since January. Next thing you know, 1/5th of NYC had it.
When it was time to act, we were fed disinformation from China and the WHO to the point where our national expert, Dr. Fauci, said on live TV that this virus is not a danger to the United States population. This is the end of January.
There was no stopping this thing entering the US. The only nations that even stood a chance were islands.
Based on what I’ve seen, kids statewide have gotten the short end of the stick with respect to their education at the elementary levels. If they don’t go back to school next year, you are going to have kids that are missing very basic skills in reading, writing, and math and that’s going to channel it’s way through the system for the next 12 years. It was already bad with all these discovery based math programs.
This guy is Karen’s polar opposite. Inspiring and while many are struggling terribly, there is some relativity to things going on.
https://www.youtube.com/watch?v=Ar9vvP-2WnU
hint: F4 Phantom
Nomad – Chimney with paper bags from grocery store, a vertical fire gets the coals hot fast, and I love playing with fire and coals, and fire pits etc, Fire, fire fire! My inner cave man perhaps.
For what you can find in NJ go with only on sale as a “loss leader” at Home Depot, or Costco.
Royal Oak or Kingsford long burning.
Always close the vents when cooking steaks and burgers, lid on too this prevents flame ups from fat.
I don’t think NYC office jobs go back to NYC anytime before Labor Day, and that will be for the jobs that are actually going back to the office.
When i lived in Hoboken lived uptown had a very rare rare 10 x14 roof deck the manufactured kind. I used to use a Weber Kettle there all the time since propane was frowned upon. I’d fire up that charcoal grill every weekend even with snow covering my deck.
Neighbors were from Argentina, and our kids were in daycare together. We had them over and they brought a bag of “Argentine” type charcoal and we used it to cook a steak over that coal for three hours “Argentine Steak”.
Turns out the charcoal is super expensive, made from hardwood trees in Central America.
FOGO Super Premium Natural Hardwood Lump Charcoal cost like $55 a bag but long burn time for cooking meat low and slow.
There is an art form slow grilling with charcoal it’s much tougher than sissy propane.
I have a smoker too, I will drag it out of the shed in a week or two.
As a former Chicagoan I’ve only ever had Weber’s. Got into their decent series, but vermin get into the greasy areas And feast leaving poop around the propane tank. Skeeves me out. I live next to an open field so it’s gonna happen. Power washer has been my single best investment since getting out here.
Phoenix Stop complaining! We have the best of the best here, the smartest of the smartest. It’s a small price to pay! Everyone in north Jersey working in NYC is dual
Income making 400 to 500k a year and more, much more!!
I was thinking about designing an external metal smoker box that would attach to the side of the Weber. I’d have to drill through it.
Juice we had the old charcoal grills from Korvettes
In the Bronx back in the day. Soaked the charcoal with lighter fluid, and then some more. Hot dogs taste better marinated in lighter fluid! Fire house right around the block! Some great memories from those days.
10:20 I’m not flying an airplane!
Vaccine money flying out the window.
Looks like massive phase three trials for all the vaccine candidates.
” British drugmaker AstraZeneca UK:AZN+1.05% has received more than $1 billion in U.S. funding to accelerate the development of Oxford University’s coronavirus vaccine candidate.
The agreement would make 300 million doses of the vaccine available in the U.S., with the first doses delivered in October, the U.S. Health Department said on Thursday. The agreement between AstraZeneca and the U.S. Biomedical Research and Development Authority also includes a phase 3 clinical trial in the U.S. this summer with 30,000 volunteers.”
We used to make Binaca Rockets. Any near boomers remember those?
Sorry, it’s a 2 Karen day. It must be contagious. Off to work now.
https://www.reddit.com/r/PublicFreakout/comments/gnx4kl/mask_hating_karen/?utm_source=share&utm_medium=web2x
NJ UE for April – 15.3%
Atilis Gym shutdown by State, must be appealed to NJ Superior Court, Appellate Division.
EHPA, N.J.S.A. 26:13-8, the Department
has the power “[to] close, direct and compel the evacuation of, or
to decontaminate or cause to be decontaminated, any facility of
which there is reasonable cause to believe that it may endanger
the public health.”
https://6abc.com/business/citations-close-nj-gym-that-defied-shutdown-order/6201112/?fbclid=IwAR3JHv0O9f9G-Yv5EU3gfjrHelQvjC315LliP7MC8CmSC3AAtidKDGxlyYs
She’s got suction
Michigan AG flexing on Trump threatens to punish any business that let’s Trump in the building without a mask.
“The Democratic attorney general also threatened legal action against “any company or any facility that allows him inside those facilities and puts our workers at risk.”
https://www.cnn.com/2020/05/21/politics/michigan-attorney-general-trump-ford-plant-cnntv/index.html
If they acted in ways that went beyond what is required in say…walmart and shoprite…what is the state’s argument? I saw them not only wearing masks in the gym…but taking temperatures before anyone was allowed to enter.
Juice Box says:
May 21, 2020 at 12:42 pm
Atilis Gym shutdown by State, must be appealed to NJ Superior Court, Appellate Division.
EHPA, N.J.S.A. 26:13-8, the Department
has the power “[to] close, direct and compel the evacuation of, or
to decontaminate or cause to be decontaminated, any facility of
which there is reasonable cause to believe that it may endanger
the public health.”
https://6abc.com/business/citations-close-nj-gym-that-defied-shutdown-order/6201112/?fbclid=IwAR3JHv0O9f9G-Yv5EU3gfjrHelQvjC315LliP7MC8CmSC3AAtidKDGxlyYs
D-FENS – they could have them working out in Hazmat suits, it matters not the King has decreed it and it shall be done.
Executive Order 107…
NJ GOP, business owners sue Gov. Murphy over coronavirus stay-at-home order
https://www.msn.com/en-us/money/companies/nj-gop-business-owners-sue-gov-murphy-over-coronavirus-stay-at-home-order/ar-BB14qnUS
New Jersey Republicans and four small businesses are suing Gov. Phil Murphy in state Superior Court, alleging his stay-at-home order is a violation of equal protection and due process.
The lawsuit, filed Thursday in Cape May County, is the latest legal challenge to the Democratic governor’s coronavirus-related executive orders. It alleges there is no “rational basis” for Murphy to order businesses closed solely because of the services they provide.
“When you classify businesses as essential and non-essential, which you have here, you turn the right to private property into a privilege,” Doug Steinhardt, chair of the New Jersey Republican State Committee, told reporters. “Your neighbor can earn a living simply because of where she works and for whom, and you can’t.
he plaintiffs include a Sussex County barbershop, a Cumberland County golf course, a Cape May County brewery and a Somerset County horse trainer. One of their attorneys is Michael Testa, a Republican state senator representing Cape May County.
“These people are suffering very real damages because the governor has picked winners and losers,” Testa said.
Murphy’s office did not immediately return a request for comment. The governor’s March 21 order sharply curtailed the kinds of businesses that can remain open during the coronavirus outbreak. He has slowly loosened those restrictions, such as allowing some “non-essential” retail locations to open for curbside-only service starting Monday.
Polls have shown wide support for most of Murphy’s coronavirus-related orders.
The Nyc metro area economy pretty much supports the country, yet you think it’s some lousy economy. You want to escape it…smh.
Where are the best of the best, huh? What part of the country?
On the west coast, or northeast coast. Believe what you want to believe, but this is the truth.
3b says:
May 21, 2020 at 11:18 am
Phoenix Stop complaining! We have the best of the best here, the smartest of the smartest. It’s a small price to pay! Everyone in north Jersey working in NYC is dual
Income making 400 to 500k a year and more, much more!!
“Some mischievous city kids are manipulating and posting clips of their teachers’ remote learning lessons on social media, leaving some educators wary of video classes, several sources told The Post.”
http://nypost.com/2020/05/20/nyc-kids-manipulating-and-posting-remote-teaching-clips-online/
Then why does it need a bailout?
Hold: So much for sarcasm!!
I realize this has little to nothing to do with the video you posted, but when the governors started requiring masks they left an exception. I wondered how an individual would prove they can’t wear one for health reasons and how the stores would react. Nearly impossible to thread that needle.
“Require workers and visitors to wear cloth face coverings, while on the premises, except where doing so would inhibit the individual’s health…”
https://faq.business.nj.gov/en/articles/3839687-what-mitigation-protocols-are-required-for-businesses-continuing-to-operate
Phoenix says:
May 21, 2020 at 11:58 am
Sorry, it’s a 2 Karen day. It must be contagious. Off to work now.
https://www.reddit.com/r/PublicFreakout/comments/gnx4kl/mask_hating_karen/?utm_source=share&utm_medium=web2x
Then why does it need a bailout?
A second bailout. 2008 was a huge bailout to NYC.
Is this pumps teaching online?
https://www.youtube.com/watch?v=NP0mQeLWCCo
3b
I don’t think he gets sarcasm
A bunch of corporations and rich dudes not paying their fair share of taxes (tax avoidance is a real f’en problem), people turning a blind eye to the theft of the pension fund for 20 years, along with the federal govt not returning enough money back to this area through infrastructure investment.
Why does the Dallas pension fund need a bailout? You act like this only happens in certain locations, the problem is national….hence, fed bailout.
Hold my beer says:
May 21, 2020 at 2:30 pm
Then why does it need a bailout?
If nyc fails, then the country fails. No way around it. Why don’t you and others understand this?
The economy is too big to let it fail. If nyc fails, there is no coming back…it’s over.
Blue Ribbon Teacher says:
May 21, 2020 at 2:49 pm
Then why does it need a bailout?
A second bailout. 2008 was a huge bailout to NYC.
“Bizarre paint battle between four men at Florida Home Depot.”
https://youtu.be/aHxJWKCVdA0
Pumps
Dallas pension fund was badly mismanaged and had overly generous and retirees were worried about it failing and were taking lump sum payments. Still no where near as catastrophic as jersey’s.
https://www.texasmonthly.com/politics/towering-debts/
The pensions need to go away. Mismanagement is the norm, the government employees in charge like the guys BRT described in the health department have no relevant experience. Putting degenerate political hires in charge of billions of dollars of assets is a recipe for disaster. Most of these political creatures couldn’t manage a car wash let alone a multi-billion dollar pension fund, they might as well put the money in index funds and treasuries.
NYC is one of the financial capitals of the world and is the undisputed financial capital of the US. If it were to collapse like say Buffalo, NY it would be the end of the american standard of living because it would essentially mean our financial system collapsed. It is like saying the Washington DC market is going to collapse, as long as the government is spending that market is flying high.
Jcer It won’t collapse, but prior to any of this, Wall
Street was already moving people to other parts of the country. That along with permanent WFH for a lot of positions, will lessen the NYC centric for Wall Street firms at least. Real Estate is the second or third largest expense for large Wall Street firms.
3b, yes and no. The back office is moving away, there is still a significant footprint locally. Between realestate costs and higher wages the local presence needs to have business justification….
Shipping getting expensive….
I need a cheap washer and have to pay though the teeth for it.
Prier graphite stem packing for an outdoor hydrant..
Cost about $2 and I need a few for my leaky outside hydrants most shippers want $10 shipping per package now and I need four. Highway robbery $40 shipping for 4 washers.
Manufacturer ships via Amazon too and they are charging $12 each with “free shipping”. That is a felony in my book as it’s advertised for $2-$3 elsewhere.
I am going to hit up my plumber, he owes me one.
JCer Not just back office. Legal and Compliance , marketing, some portfolio management, reps at self directed brokerage call centers, and others. A lot of the big Wall Street firms don’t own the buildings they are in, a lot of them leased.
3b – Grim will say it’s everyone in all Depts unless you are on the revenue side.
I can see an escalation with Covid19 as the tide is going out allot of people are now swimming naked for you see if the best and brightest Americans in NYC can now work remotely why can’t Kumar or Edgardo do it for less?
Mckinsey, Accenture and the rest of the Management consultants are sharping their pitches as we speak.
https://www.forbes.com/sites/steveandriole/2020/05/19/mckinsey-accenture-and-everyone-is-right-about-digital-life-after-covid-19-but-were-not-ready/#5d34e7e3e7e3
Seems Apple and Google punted on their Contact Tracing app, only they can have your data for free folks….
“Apple and Google have barred authorities using their technology from collecting GPS location data or requiring users to enter personal data.”
https://www.reuters.com/article/us-health-coronavirus-apps-tracing/apple-google-contact-tracing-tech-launches-with-23-countries-seeking-access-idUSKBN22W2NW?il=0
Juice I don’t think it’s that as far as outsourcing, a lot of that has backfired on companies due to language barriers even for the ones that supposedly speak English.
I believe it’s going to be talented young people won’t have to move to NYC for these jobs, they can stay in fly over country and backwaters USA, and still make a very nice living, and companies won’t have to pay for the NYC premium, there are already regional pay grades in place for some companies. Also for those that remain in the NYC area but WFH, they may not be getting the pay increases they might have been used to. As well young people will no longer have to pay a fortune in a crappy Hoboken or NYC apartment, in fact some might decide to go back to where they are originally from and WFH there. Even revenue producing areas are not immune in my opinion.
Pay a fortune for a crappy Hoboken apartment!?!? I did that for 15 years. In retrospect, it was probably about 10 years too long.
Karl the Barber +2 in court
Governor if Michigan 0 in court
3b – Make no mistake they are coming for everyone, allot of what you know is derided as lower-value functions and sold that way so business can focus on higher-value functions.
I sat thru many meetings in my carrer with Mckinsey,Boston Consulting Group, Accenture,PWC, Deloitte, KPMG and EY and a few others, they are getting better and better at moving all office work overseas.
Was this posted?
https://www.cdc.gov/foodsafety/newsletter/food-safety-and-Coronavirus.html
Coronaviruses are generally thought to be spread from person-to-person through respiratory droplets. Currently there is no evidence to support transmission of COVID-19 associated with food. Before preparing or eating food, it is important to always wash your hands with soap and water for 20 seconds for general food safety. Throughout the day, wash your hands after blowing your nose, coughing or sneezing, or going to the bathroom.
It may be possible that a person can get COVID-19 by touching a surface or object that has the virus on it and then touching their own mouth, nose, or possibly their eyes, but this is not thought to be the main way the virus spreads.
In general, because of poor survivability of these coronaviruses on surfaces, there is likely very low risk of spread from food products or packaging.
You should always handle and prepare food safely, including keeping raw meat separate from other foods, refrigerating perishable foods, and cooking meat to the right temperature to kill harmful germs. See CDC’s Food Safety site for more information.
Juice I don’t doubt. But I believe some functions will
Be kept here due to government regulations and other factors I cannot comment on further. Im the short term however WFH is here to stay, and that is a fact. That’s why this rush of people rushing to nearby suburbs and paying nearby to NYC prices may be misplaced in my opinion. I understand wanting to get out of NYC, but I
Would have rented for a while rather than buy.
It’s time we outsourced Accenture aka Arthur Andersen out with all of it’s executives. Give them a one way ticket permanently.
Joyce – It’s all science!@!!!@@!
Stick grandma in a Covid home with no PPE? Nothing to see here, it’s CDC and Trump’s fault…
It’s also Trump’s CDC which means it’s all lies. Touch a piece of disinfectant soaked work out equipment? Quarantine and a fine, sit on a bench in a park then quarantine and a fine, stand on burning hot sand and swim in the salty 54 degree ocean in NYC police will drag you out and then fine you after they beat you.
Massage the refrigerated fruits and veggies at the Supermarket while you dream of your next fancy dinner, no penalty it’s essential..
Here ya go folks. I have some first hand knowledge if Amy…I’ll save it for October…
Joe Biden Asks Sen. Amy Klobuchar to Undergo Vetting for Potential VP Position
People bust my balls, but no one questions 3b for calling the end of high paying jobs in NYC. Dude thinks wall st is going to move to fly over country, he clearly doesn’t get it.
If your nyc job is getting shipped to fly over country, understand your job is no longer high valued. Hurts, but it’s the truth. It’s the beginning of the end for that job. Why stop at fly over country when you can go even cheaper with some foreign location?
I just can’t believe I am the only person that calls 3b out for spewing this nonsense.
Phoenix.
Android Consulting will never be assimilated.
3b,
So is Hollywood going to leave for Iowa now? It’s cheaper and the job can be done there…
Start a company and tell me how easy it easy to recruit top talent in the cheap location you speak of. No one wants to live there, the coasts are where it’s at, and if you can’t see that, you are naive or blind.
Just picture your Memorial Day in one of these land locked locations. Beach or nyc, nah, backyard bbq is as good as it gets. Absolutely nothing to do…
Fake News,
Tough day in the Troll Farm. None of that Biden Audio drop gained any traction.
Keep Trying, and keep thinking that “Tomorrow will be a better day!”
Fabius – gotta love your support.
A guy running a campaign in a basement wants to be president!
It’s a made for TV movie…
35 years on Wall Street, and this some lipshits commenting about Wall Street. It’s hysterical!! 😂😂
Juice Back in 1987 Biden claimed he graduated at the top of his law school class in Syracuse, turns out he ranked 76 out of 85. Guess he has a bit of a math problem, or is just a liar!!
Biden also had dismal grades in college and law school and committed plagiarism in law school.
And finally Biden plagiarized Bobby Kennedy and Neil Kinnock, British Labor Party speeches as his own. All of this when he had his full mental capabilities. Trump is bad, but seriously, Biden this who is going to save the country?
If the economy stops producing high paying jobs, and wages/assets deflate. How in the world do you pay back the fixed debt?
I’m sorry, deflation in wages is absolutely impossible or the world economy dies.
Yes!
“Meanwhile, Murphy said Thursday he’s hopeful schools will be able to physically reopen for the beginning of the next academic year in September, though he’ll have more firm information on that “by early to mid-June.””
Amy has been the realistic front runner for a while.
Not my pick, but would be very happy with her. She’s a brawler I’ll drop $5 on her on any fight she walked into.
Federal aid to states and localities remains an economic necessity to avoid a prolonged recession, and perhaps even a depression. The longer we wait, the worse it will get, with the economic downturn feeding on itself. Washington must enact immediate and substantial state and local budget relief, and they need to do it now. Otherwise, we face much worse—and unnecessary—economic pain, in red and blue states alike.
https://apple.news/Acn06FvcURS6TjW3FS5Mfjw
Told you, 3b. You just think I’m a fool, but maybe I know wtf I’m talking about.
“Facebook Closing on 740K SF at Farley Post Office, Despite Work From Home Initiative
Facebook’s breathlessly-watched negotiation to lease more than 700,000 square feet at Vornado’s Farley Post Office site is all but a done deal, sources told Commercial Observer.”
“It was widely speculated that Facebook might change its mind about taking space at Farley after the coronavirus struck. But sources said the talks never broke down and the goal line’s now in reach.”
“On Thursday, Facebook CEO Mark Zuckerberg announced he would shift as many as half of the firm’s 45,000 employees to work-from-home status, the Wall Street Journal reported.
But the transition would unspool slowly over the next ten years, he said. It didn’t appear to immediately impact Facebook’s ongoing expansion in Manhattan.
A likely 740,000-square-foot commitment between Facebook and one of the country’s largest developers at a high-profile Manhattan location would be a promising bellwether for the office market’s future.
It would also be a stirring morale-booster in a commercial real estate market – and pandemic-battered city – starved for good news.
Zuckerberg’s social media behemoth began talks with Vornado chairman Steve Roth late last summer. Roth was so eager to bring Facebook to the site that he gave the company the green light to negotiate over Apple, which was also interested in the location.”
https://commercialobserver.com/2020/05/facebook-closing-on-740000-square-feet-at-farley-post-office/
Any coincidence that the big tech boys are now moving in on nyc as space opens up as back office jobs are shipped? The best of the best…ny state of mind.
Isn’t Vornado the place you claimed you worked as a SENIOR financial analyst?
The nit picking around Biden is funny.
40 Years or service. Vetted over and over.
At some point you have to admit, while you may not agree with him, he is clean.
Fab Are you serious nit picking? If it was a Republican you would be all over it. Very hypocritical on your part. He may be clean as you say, if that means he is not corrupt. But a liar and a cheat? And 40 years in Washington so what that’s good enough? You should at least be honest and admit Biden is not an attractive candidate. And as it relates to his 40 years financial wise, it appears he has done quite nicely for himself.
he is clean.
On what scale?
None of his plastic surgery, Botox and hair plugs became infected. I give Biden credit, his surgery and Botox is better than Schumer’s.
I’d rate their hair plugs about even.
Pumps, Wall Street people and even most business people don’t understand building technology. It is why the stuff they have is so bad. The banks haven’t figured out that the cheapest and lowest common denominator like they do for ops doesn’t allow you to build a good platform. The only place in most banks where there technology isn’t obsolete at best or total cr*p at worst is front office areas.
When you are really in the business of technology people are your assets. These people want to live in NYC, SF, LA, Boston not east bumblefark for the most part. Tech people like to come into the office from time to time to collaborate, without the collaboration they do not get to an optimal solution. I sure as heck don’t want to live in east bumblefark why would they? Again as long as I can get paid a premium why would I leave? When I retire, sure but until then there is a convenience being close to the city. As I said before maybe the excess cost is 30k, do I like to pay it, absolutely not but the alternatives aren’t better. My wife has people at her bank who they wanted to relocate to a lower cost area and the move comes with a 20% pay cut and even then they are at the upper end of their band where they are going. Good luck come bonus and raise time…. Thanks but no thanks.
Please, by all means keep all of Biden’s corruption on the back burner for now. I would hate to see him pressured out of the race and a coherent candidate replace him.
Straight shooting lefties will admit, he’s a very weak candidate, the same as Hillary. His corruption will be covered plenty when the time is right.
The guy has been robbing us his entire career.
Series of really bad decisions on that Karen ticket video by her.
Although I’ve never understood the “sign the charge or I’m arresting you” paradigm.
Totally unnecessary – law enforcement has already confirmed identity solidly.
And abridges rights? I can opt to not say a word to a LEO before an attorney arrives but somehow I’m compelled by law to sign a document when charged without any representation?
What is the text that people are actually signing onto?
Jcer,
You get it! Couldn’t agree more…
When we are talking about ambitious driven people, they don’t want to live in the middle of nowhere to save a buck. They make enough money and value quality of life. They live off the energy of city life. They would go out of their minds living in the middle of nowhere with lots of money, with only the local Applebee’s or some little local restaurant as entertainment. That’s fine for your Ned Flanders type, but it’s not okay for some ambitious individual doing something big with their lives.
Think about it, what kind of person wants to be the best of the best, but lives in upstate ny, rural south jersey, or rural PA? Oh, I’m saving so much money living where no one else wants to live. Look at me saving all this money. Now why would someone want to live like this in some other low cost state in the middle of nowhere?
Why do you think pro athletes hate going to a team like Buffalo. They absolutely hate it.
Is shelter at home over yet? I was talking to friends on zoom call, both mentioned they are flying out Thursday night for a long weekend down the shore in Florida ( down the shore, yeah that is jersey slang). Both in the 55-65 age range, not worried and looking forward to eating out again. One stated he caught it in Mid March and had the 3 weeks of no taste/smell but thats about it. He tested positive for antibodies.
I may have to take a maint trip as well.
Drove past the Dellawanana Park in Clifton again and saw the Clifton football or soccer team working out again. Any one else having their kids work out in groups?
Bias is funny.
The cheap guy looks at the guy buying a house in the expensive area as an idiot. The guy buying the house in the desirable area looks at the cheap guy living in the undesirable area to save a buck as an idiot.
The cheap guy enjoys sacrificing quality of life to save even more money he will never spend. To each and their own, but that’s dumb in my book.
Like you said, jcer, you go to these areas to retire. Not to raise your family or live your entire life in.
Jcer There is an article in Market Watch this morning on FB, Zuckerberg says he expects half of his employees to work remotely in the future. As well if they do move from a more expensive to less expensive location their salaries will be cut to reflect the cost of living in those areas. FB like many companies already based pay on geographic location. Zuckerberg also said when you limit hiring to people who live in a small number of big cities or are willing to move there, it cuts out a lot of people who live in different communities, different backgrounds, or may have different perspectives. He further stated that being able to recruit more broadly, especially across the US and Canada, is going to open up a lot of new talent that previously wouldn’t have considered moving to a big city.
If you were born into these locations and have no means to get out, understandable.
If you are successful and making money, why would you punish yourself to save a buck and live in the cheap area at a major hit to your quality of life?
To each and their own, but some people that make money need to learn how to enjoy it, or they are wasting their time making money that does nothing for their quality of life. So why make it? It’s a waste of time at that point.
Don’t spend like an idiot, but don’t hold back so much that you are living the equivalent quality life of someone making 50k a year. Life goes by fast, have to enjoy some of it.
3b,
I have family that grew up in cheap rural locations… it’s not pretty. You have no idea how different your life is in Bergen county in comparison to theirs. Yet, you somehow think they have it better because of cheaper cost of living in all aspects of life.
I guarantee you that if Facebook exists in 10 years, most of its employees will still be living in desirable areas. They pay more in the desirable areas, so what benefit do you get living in the cheaper less desirable location? If Facebook tries to lower costs by only hiring from cheap locations, they will not be getting the best talent…their business will die.
Gas tax hike…incoming…
https://www.njspotlight.com/2020/05/easing-covid-19-restrictions-could-boost-beach-traffic-bump-up-badly-needed-toll-revenue/
“And while the toll roads themselves have yet to make any major budget revisions, it remains to be seen what will happen to New Jersey’s gas tax, which is a major source of funding for capital projects on many roadways that aren’t supported by toll collections. State lawmakers reworked the formula that’s used to set the gas-tax rate in 2016, and sagging consumption could trigger a tax hike later this year.”
Why would someone pay up to live on a highway?
Walking – How so? They gonna fly in and ignore the executive order?
“Florida does require airline travelers from areas hard-hit by the virus, especially New York, New Jersey and Connecticut, to fill out a traveler form with contact information and to self-quarantine for 14 days.”
https://www.usatoday.com/story/news/factcheck/2020/05/20/fact-check-florida-requires-airport-traveler-forms-nyc-area-flyers/5227057002/
Was in Red Bank yesterday, the bored High school kids were all hanging out in a parking lot around a bunch of cars, no masks, lots of horse play and general tomfoolery.
I was expecting the PD to come by as their station was across the street. I did not see them during the time I was there so I guess they are going to ease up a bit.
NJ Youth Soccer program is allowing return to play June 15. The play is absurdly restrictive at least in the early phases. Essentially, it’s individual training but allowed on a field and with no more than 9 players + 1 coach.
Next phase allows for player interaction but no contact.
Final phase is return to play. In my club, parents were asked to select whether their child will play in the 1st phase of practice. Thus far, 18 yes, 6 not answered, Zero No’s.
Juice box , pretty much yes they have their own condos right on the water as well as a new boat on the inter coastal.
If the decisions are being made on the data, the phases need to be spaced out at least 4 weeks apart maybe 6 to see new data trends. Since that is not the case, more evidence the decision making process is not driven by data despite our leaders continual claims.
Hey Fab, you feeling good about your candidate relating to minorities? You think Biden really doesn’t believe this statement? This is EXACTLY why Biden would get destroyed with minority voters. It won’t matter, because Biden WILL NOT be the candidate come November. BET ME!!
On the radio, just minutes ago, during a rather testy interview with “Charlamagne the God” Biden said “”If you have a problem figuring out if you’re for me or Trump, then you ain’t black,” Biden said.”
https://www.cbsnews.com/news/in-contentious-interview-biden-says-black-voters-considering-trump-over-him-aint-black/
Our Spring Hockey season went the opposite way. Just about the only yeses were the coaches. Getting our money refunded shortly.
As for the first wave (in most places), numbers continue to increase, albeit higher than last week, but not parabolic yet. Give it one week. Even in NJ, the line is reversing back to an uptrend even using the NYTimes lagging 7-day average. IMO, the places that will hit hell first will be North Carolina, Bama, Arkansas and Maine (though low population, hospitals will overload). Cali, Florida, Maryland, Georgia, will be bad a week later with possibly Louisiana and Virgina following.
We must keep an eye on that critical mass.
Good lord pumpkin you are ridiculous. Reading your posts re: geographic location.
Intelligence is not distributed geographically.
And you “teach” history.
Lib – inside sport vs outside sport. My kids club has a huge indoor practice space that will remain closed until Phase 5, full return.
The above phases are outside play only.
Also hilarious – a Biden staffer tried to jump in to end the interview as Biden was off script and that is always bad for him. The radio host said “you can’t do this to black media” in response to the attempt to end the interview early.
The reason given was that Jill Biden had to use the computer. Please don’t tell me this guy is a serious candidate. He is not.
Pumpkin –
Average IQ by State 2020
When talking about intellect and abilities of the mind, the IQ test is a measurement that tends to be brought into the conversation. As one of many controversial topics in the world, the IQ test is something that people are very divided on, seeing as it is viewed as a way of defining the intelligence levels of people based on one test.
The argument against the IQ test is that one test cannot accurately predict the intellect of every single person who takes it because people are so different. The thought behind opponents of the IQ test is that there is far too much variety amongst people across the globe, and comparing everyone against the of one test is too simplistic to fully capture people’s individual intellect levels.
Look at this: https://worldpopulationreview.com/states/average-iq-by-state/
But talent is distributed geographically…
You can be smart, but unmotivated…wasting your life away in some small town in middle America USA. All the motivated ones take a crack at the big city.
ExEssex says:
May 22, 2020 at 10:08 am
Good lord pumpkin you are ridiculous. Reading your posts re: geographic location.
Intelligence is not distributed geographically.
And you “teach” history.
Sadly, as sh1tty as Biden is, Trump is such a complete and utter egotistical bully with a 2nd grade mentality that anyone would beat him. Hate that it’s two corporate shills in Joe & Amy, but at least the rest of the world won’t be watching us the way we watch Tiger King.
Joyce, you are correct about science not mattering as much as revenue and politics. As dumb as Trump and Pence are to run around hospitals without masks as the public should absolutely be wearing them. The Lefty state leaders are absolutely playing politics to make sure Trump and Co look bad. Two different parties. Both, could give two sh1ts about anything but enriching themselves.
Ab Flex,
Biden is probably not as corrupt as HRC was, but due to his inability to speak coherently and his immorality around Hunter (and repeated lies over the years), he is just another lesser of two evils. I keep saying it over and over and over. The DNC needs to take the high road for a change. Will never happen though as the corporate gravy train is ALL that matters. And yes, I agree a lot with their social policies, which is about the only thing left keeping them afloat. If the Republicans took more moderate positions on reproductive and gender rights, as well as the environment, it would be over for the blue team. But they are equally as stupid.
Lib or anyone – I will set some terms to the eager I keep begging for.
I bet $100 that Biden will not be the Dem nominee on Nov 3. The loser of the bet will pay $100 to Grim to be applied however he sees fit towards the blog.
Loser must pay out by Nov 4, 2020
Wager* not eager.
ICUs already overloaded in Alabama and they are reopening. School starts again June 1st.
homeboken – dead or alive?
On IQ, I grew up in Rhode Island (below average IQ people on average), most of my family is in Massachusetts (highest IQ in USA) as my relatives’ brains work well so they moved to Boston area over the years. I trust the accuracy of these stats. My IQ is 140s.
In NJ, I don’t see a link between IQ and home price changes. Many fancy burbs are at early 2000s values while all April home sales prices in Hudson Co. (many low IQ people) above previous sales.
Juice – either. I normally would question the logic of running a dead man for President but the DNC is already running a shell of a man as a candidate. What’s the difference
There are a couple of guys in Omaha who seem to have done ok investing and have no interest in moving to New York
NASA and it’s contractors seem to attract smart people and there are Lots of aerospace and defense companies not on the west coast or north east
JCer,
I know we are treading on old ground and I believe this is accurate “When you are really in the business of technology people are your assets.” ..but I am not seeing this anywhere right now. I have access to my entire hiring and leaving strategy across finance and compliance IT. For a f-ed up place like this, the turnover rate is astonishingly low. Case and point, our group IT head left last year after 3 years for same job at JP (?). She brought 2 people over who have followed her everywhere for years. Everyone said “well they will go to”..a year later they are still here and clearly not wanting it. I documented by super rating yet no raise and 4% bonus. I manage 4 people and only one got a 5K raise. Guy is superstar technical analyst and SME. The business people who own app know ABSOLUTELY nothing how it works. He has to step in a guide every issue and release otherwise system would collapse. No one cares that guy is fed up with 12-14 days and weekends. I have to listen to him and I feel horrible bc he feels world on him..and it is. He wants green card so have him by b*lls. I see people abused, told to do jobs not anywhere near their skillset, and overall producing quality of sh*t. Management cares about financials, nothing else. I spend day slicing and dicing forecast and spend into different templates, yet they already won’t pay dime more budget for group. If people had other alternatives, I would be seeing mass exodus yet I see nothing on work force plan that shows it. That is why I have less hope on this area. I see it myself.. lesser jobs, lower pay. Who will be left? Only sales people from around globe, superstar developers, medical profession, lawyers..and rest will be dual income common folks who somehow see benefit of working 12 days to pay 20K tax bills and no family time. You can’t have a spouse working retail part time. Those days are gone. Forget it.
I got a better wager. How about, I buy you a bottle of Silk City hooch in November?
As much as I think Biden stinks when compared with Warren, Bernie or even the sell out gayor. He will be the next president. I know it blows. But I’ll take a return to slow, methodical, corporate growth for the next four years over the near daily embarrassment we’ve had to swallow for the past four years.
Trump had a REAL easy opportunity to win reelection with his handling of the Covid crisis too. But his ego got in the way yet again. What’s new?
Lib – deal but you have to let me gift the hooch to someone, I don’t drink.
YO: re: My IQ is 140s and I grew up in Rhode Island.
Reminds me of this scene.
https://www.youtube.com/watch?v=g_LMhCiwCLE
Don’t you worry yourself. You’ll be buying it for me. I am already growing the mint for some smashes and juleps. Remember, Dem nominee (though he’s going to be the next POTUS).
10:50 classic.
With a 164 days to go..
Let’s see…Biden…
Just today during an interview with he made a crazy comment that you aren’t black if you vote for Trump, that is some strategy to win over African America voters..
Joe will be forced to campaign in person and unless they amp him up with the right cocktails he is going to continue to gaffe it up, a sad and perhaps tragic comedy for sure.
BTW Trump is going to deliver a half assed vaccine from either Moderna or AstraZeneca with hundreds of millions of doses, it will be the October surprise because that is when the inoculations are going to start.
He will be a savior. Who won’t vote for a savior?
Let’s try this again as last comment was modded.
With a 164 days to go..
Let’s see…Biden…
Just today during an interview with he made a crazy comment that you aren’t black if you vote for Trump, that is some strategy to win over voters..
Joe will be forced to campaign in person and unless they amp him up with the right c*o*cktails he is going to continue to gaffe it up, a sad and perhaps tragic comedy for sure.
BTW Trump is going to deliver a half as*sed vaccine from either Moderna or AstraZeneca with hundreds of millions of doses, it will be the October surprise because that is when the inoc*ulations are going to start.
He will be a savior. Who won’t vote for a savior?
Juice and EsE, Jersey City mayor Steve Fulop owns house near that scene, renovated beautifully by campaign contributor’s construction firm at low price. Interesting how campaign contributor suddenly became Narragansett,, RI, construction firm moments after Fulop bought a house there. Investigation?
Events in the United States have unfolded more favorably than any operative in Moscow could have ever dreamed: Not only did Russia’s preferred candidate win, but he has spent his first term fulfilling the potential it saw in him, discrediting American institutions, rending the seams of American culture, and isolating a nation that had styled itself as indispensable to the free world. But instead of complacently enjoying its triumph, Russia almost immediately set about replicating it. Boosting the Trump campaign was a tactic; #DemocracyRIP remains the larger objective.
In the week that followed Donald Trump’s election, Russia used its fake accounts on social media to organize a rally in New York City supporting the president-elect—and another rally in New York decrying him. Hackers continued attempting to break into state voting systems; trolls continued to launch social-media campaigns intended to spark racial conflict. Through subsidiaries, the Russian government continued to funnel cash to viral-video channels with names like In the Now and ICYMI, which build audiences with ephemera (“Man Licks Store Shelves in Online Post”), then hit unsuspecting readers with arguments about Syria and the CIA. This winter, the Russians even secured airtime for their overt propaganda outlet Sputnik on three radio stations in Kansas, bringing the network’s drive-time depictions of American hypocrisy to the heartland.
While the Russians continued their efforts to undermine American democracy, the United States belatedly began to devise a response. Across government—if not at the top of it—there was a panicked sense that American democracy required new layers of defense. Senators drafted legislation with grandiose titles; bureaucrats unfurled the blueprints for new units and divisions; law enforcement assigned bodies to dedicated task forces. Yet many of the warnings have gone unheeded, and what fortifications have been built appear inadequate.
https://www.theatlantic.com/magazine/archive/2020/06/putin-american-democracy/610570/
When the poll numbers weaken enough, they will end a medical excuse— perhaps justified— to put creepy sleazy dopey senile kickback joe to pasture. That will be the October surprise if not sooner.
Joe’s racism of expecting the black community to fall into lockstep behind whatever D candidate they put up has all but solidified that Kamala Harris or Stacey Abraham’s will be the VP pick. Something has to extinguish the dumpster fire Joe keeps pouring gasoline into.
If Trump can manage just 15% of the black vote, Biden will lose 43 states. Then again, Biden won’t be on the ticket so it won’t really matter
California says buh bye to ACT and SAT tests for college admissions.
Anyone catch Bruce’s Western Skies on HBO?
Damn I needed that….f’ing guy is legend.
“If you have a problem figuring out if you’re for me or Trump, then you ain’t black.”
~ Joe Biden
Simply having NYC exist as financial center is not enough to sustain high cost of living here. The Fed has been pumping trillions to keep banking industry alive and flush with cheap cash. Wages and wealth in the sector are tied to new revenue generation and investment occurs when bank execs think they are losing money making opportunity..or flip side, regulatory violations could take major money away. We have been living for 5-6 years with neither. Area has flatlined and Fed underpinned asset prices which basically rewarded previous generations who bought house in 70s/80s. Of course, they feel great sitting on home that has $700k of free equity. I would live here happily too knowing that I got that, as well as income run-up, as well as stock run up of last 25 years. Buying in 2004 to now? What a different world…what run-up is coming for later Genx or millenials?
Bystander, I’m pretty sure your firm is my client. From a technical perspective they are utterly incompetent, and they have lost all their top technical talent. The visa people are frequently in that situation. In the banks there is a squeeze because JPM tried to push people to TX(most didn’t go, they have a lot of dead wood in their IT areas), MS went into cost cutting mode and shed a bunch of developers replacing them with contract workers in Guadalajara, and GS is also pushing a value location model.
As I stated the people in banking are very short sided when it comes to technology, cost Trumps all. It is the only reason my employer exists is that we are cheap not good.
In technology it is an arms race for talent, a good developer is worth 10 mediocre ones. As for the idea that facebook would reduce salaries for remote workers, good luck no one is taking a salary cut. My understanding of technology companies is that they generally have been very open about remote work. The only way people are moving to lower cost locations is for arbitrage. Take high salary and match it with low living costs, if the salary is getting cut no thanks, and it becomes much harder to get a new job in this kind of scenario. My employer pretty much allows remote work, I did a WFH stint for 4 months(I much prefer to WFH 1-2 days a week), I had an employee who was totally remote well before covid. The reasoning for remote work as it really helps with retention, remote workers don’t tend to leave us.
The stink of banking is on all the people you are describing, they are pigeonholed into the sector and/or are too old to move to technology. I see what you are saying my employer has been snatching talent from the banks, but only exec level. Developers we like to pay about 8 bucks an hour, only execs, architects, sales people, product owners are US based and we are well compensated. Meanwhile my friend who works at an e greeting card company is hiring domestic developers at pretty good wages…..Just saying. A starting developer salary in NYC is ~100-120k for a kid right out of school…….again just saying. The banks are paying bupkus right now which is a big shift.
Fast – I contend that Biden has done more to advance the rights political agenda than any other politician, R or D in the last 10 years.
The guy has destroyed the following movements in the last 2 months, all from his basement:
1. The GOO is the party of racism. See the “you ain’t black” comment.
2. #meToo – well except Democrats being accused of course.
3. GOP steals and meddles in election – see Flynn et all
Get this guy off the ticket immediately. When he has to interview and debate outside the safe walls of his Delaware basement, he will tear it all down. His senility has removed his political polish. The only truths that remain are his honest feelings and beliefs. Those are not good for the DNC.
So it’s basically going to be every man for themselves at the beach in our town. Opening tomorrow. Masks are suggested as a courtesy to others when walking to and from destinations but not required. Social distancing on the beach and in lockers/cabanas but not enforced. Same at the snack bar. One person at a time in the restrooms but no attendant to make sure the policy is adhered to. Bring your own sanitizer with you if you want to clean surfaces. Basically you are responsible for your own well being. Quite a turn around from the nanny state telling us we can’t leave our homes. Commissioners made a point of saying come at your own risk, we are not responsible for anybody’s health. No refunds if you choose not to come.
Pumps, please don’t post any articles from “the atlantic” or “Huffpost”, neither are credible sources. That hyperbole totally misses the point that Trump has been a bigger thorn in Putin’s side than Obama was. The Trump admin has armed Ukraine in ways that the prior administration would not.
NJCOAST – See any NO Bennies! signs yet?
“So it’s basically going to be every man for themselves at the beach in our town.”
Americans like to pick and choose the laws they believe in. When they choose to break one and get caught they claim to be victims. OTOH, when someone else breaks the law, Americans want them hung-or sometimes-have a burning desire to be the lawmen themselves-or a group of tattle-tails.
I guess your town has decided to let you be the flag waving Americans you want to be. You are now adults. Let’s see what kind of examples you set for your children. And when you “adults” complain about the youth, remember, you were the blueprint for them.
“A starting developer salary in NYC is ~100-120k for a kid right out of school”
Wow, imagine being that intelligent, talented and hard working yet needing a roomate to survive in NYC. What a sham. I call it a sham bc my younger brother was hired for 90K in 2000 as developer out of college, but in (much cheaper) CT location. That is a fact, I remember seeing paystubs. There is the problem.
Isn’t two months up now for the H-1Bs that were laid off?
Only those not sponsored by Wipro and Infosys or some other company that holds your employment. Clock starts ticking when no one is sponsoring your H1B. Right now, you will get absolutely no external third party candidates through vendors. Take someone from the bench, quality or not, otherwise role stays unfilled.
The majority of the finance coming out of NYC is the parasitic kind. Reducing that would be beneficial.
homeboken,
Touche! Couldn’t have said it better. My hope is Biden is stable enough to make it to the election.
bystander, 2000 was during the tech boom, if you could spell PHP you could get a job. People were getting 75 or 100k to write HTML. I graduated after the fallout, GS came to campus and remember them saying that they had considerable difficulty hiring technologists prior to the crash but they could be more selective. Visa workers and offshoring have decimated this business. It is also responsible for a good number of security exploits and Boeing planes falling from the sky.
For a kid out of college they can get a decent 1bd apt in Hob or JC for 2k, I know people renting them. It is not that much of a struggle for a single young person making 120k, and their salary is only going to increase from there, younger folks tend to get better annual increases than us old people.
Bystander if you are using Infosys, Wipro, Cognizant, HCL, et al you are already fighting a losing battle. The state of higher education in India is appalling, many of the “Engineers” couldn’t tell you the first thing about how any of this stuff works.
I know prior to my current gig(6 years ago) I switched jobs and the first place I landed I was the 60th person they interviewed, I then proceeded to take over the role of tech screenings and interviews and we spoke to 50 people over the phone and brought 20 in for interviews I found 3 we would want to hire. I subsequently left and went to MS where after being hired one of my team mates again let it slip that they had talked to like 50 people before I came along. My former colleague I hired also left going to BOA-ML, he then came to MS after I left. He recently as in 2019 took a job doing front office development and has a total comp package of around 300k. So there is money to be made by qualified people.
My wife had an employee who’s husband was a technologist, at GS. In 2019 he left GS to go to google and they literally almost doubled his salary to 300k, this is in NYC so at least in 2019 people were getting some action.
Diddy
@Diddy
·
18m
Aye bruh
@JoeBiden
I already told you the #BlackVoteAintFree
https://twitter.com/Diddy/status/1263882245800067072?s=20
As soon as the interview got tough…they cut @cthagod off. Dude is way better interviewer than 99% of traditional media.
https://twitter.com/DaryonnJackson/status/1263806479724957697?s=20
JCer,
..and it continues to decimate unabated. We are mostly on same page but a studio will eat a good chunk of that 100k. Even when I lived in city in 2009, I paid $1900 with all included on UES but same place is about 3K now. Point is that wages are not growing with costs. Kids getting 100k today will live far tighter than 10 or 20 years ago. Front office is a different animal all together and very few get there. Top game stuff. I worked on a few initiatives where front wanted a new product offering, some crazy gold deposit swap. Financial settlement discussions were crazy so FA canned it.
So insight into how things work. Our CTO is highly paid, strategy guy for all in one systems (currently there are 10 apps), Cloud etc. He is all over us for 3 year strategy and where we are heading- system selection, costs, timelines. Do you think he ever looks to see if budget were cuts this year..or last year which impact our path? Nope, always look forward then shocked when we are a year behind. He has apps being decom’ed this year where we have not even started a strategy yet because budget yanked. I would love to divorced from financial reality. Must pay alot.
I will tell you morons why I won this bet. You all seem to think that it’s 2016 and people are voting on the issues again.
There is only one issue in this election. Either you support the shi1tsmear that currently resides in the oval office, or you don’t.
And you think Biden is going to debate Trump? Not until we see the tax forms b1tches.
Let me go check my mint plants. I hear there are showers coming so I better not water them today. Maybe I’ll scrape some of that Republican manure off the screen and sprinkle it on them?
I made $18,000/year out of college. I lived in a basement in a Clifton frat house, which was illegal, and incredibly risky as they had an oil burning furnace. My rent was $500 a month. I walked to Athenia Station (Clifton) where I used a fake NJ Transit monthly. It wasn’t completely free. Four of us commuted into the city, so we split the cost of one pass by four ways and I made copies every month until they added the hologram. I actually had laser printer foils that I used to reproduce the chrome square and letters when they added them. Once they added the hologram, I was done, but that was not until around 2007. My breakfast was a plain bagel from punk rock bagels (.40) (locals will know it). My lunch was a salmon/seaweed rice triangle from one of those robotic sushi joints and a can of diet soda ($3). Dinner was either a couple slices of pizza or some cheapo Chinese
Bystander management is funny. My wife owns strategic technology solutions for certain lines of business at her bank. They have a multi-year strategic solution underway where they have invested a significant sum, the business wants to know what the immediate business benefit is? They don’t want to fund modernization and are instead considering scrapping millions in investment in a new strategic document data store instead opting to retain a bad relational database(not a good data model) from the 90’s. I also think I know your employer, or at least I think I do, if you are reporting a year behind it is really 3-5 years behind. Your management is as clueless or as dumb as you may think, they know the nightmare all too well but they also know that in your organization messaging to the mothership is key so they basically have this public personna and I’d going to call it fanatasyland image they view everything through. At least some of them know you are basically wading through 20 years of raw sewerage systems from hundreds of acquisitions where almost nothing is aligned between systems, the data in the firm is a mess and there is no clear way to fix it. The people who were honest and straightforward about the issues and stayed firmly attached to reality did not have a long tenure in senior leadership. The folks in power now are conditioned to tow the party line…..
Vote Kamala 2020
Libturd, counting the easy money says:
May 22, 2020 at 2:22 pm
I will tell you morons why I won this bet. You all seem to think that it’s 2016 and people are voting on the issues again.
There is only one issue in this election. Either you support the shi1tsmear that currently resides in the oval office, or you don’t.
And you think Biden is going to debate Trump? Not until we see the tax forms b1tches.
Let me go check my mint plants. I hear there are showers coming so I better not water them today. Maybe I’ll scrape some of that Republican manure off the screen and sprinkle it on them?
2:22 attaboy.
Every time someone writes Kamala, an image of
https://bit.ly/3bW6j0k
pops into my head.
FL – 3rd highest day of cases and highest number of cases since April 23rd.
NC – 3rd highest day of cases.
AL – 2nd highest day of cases, day before was highest by nearly double yesterday’s.
AR – 1st and nearly 5 times higher than day before.
ND – 1st and nearly 3 times average of last week.
ME – Last two days highest combined 2-day period.
CA – 2nd highest and highest 3-day period.
Even NJ has begun trending up again.
Get ready for national closure 2.0.
Lib – the Trump campait has not even started the Biden offensive, this is just his surrogates warming up.
Give it to July 5, if Biden is still in the race, it will become relentless. My guess is the DNC knows they aren’t running a candidate that matters. The entire DNC platform is ,” hey, it’s not Trump!”. The are sheltering their real candidate and by pretending Biden is their guy, they eliminate any attacks or vetting of their real candidate.
I’ve said it before and will say it again – I personally will double my income if the D wins the WH and both house and Senate. I don’t mind a Dem controlled leadership. But it won’t be Biden. Imagine Biden in the trail 6/7 days per week, his health and mental state can’t tolerate it. If you think he can, I really think you are deluding yourself.
Imagine Bernie or Pete. The Dems would be enthusiastic and pounding the pavement. With Biden, every time he speaks their stomach must be in knots.
Midwest is best: https://www.instagram.com/p/CAgGTltBw3A/?igshid=sbqomsg8s13i
Get ready for national closure 2.0.
Is that before or after the 250,000 deaths?
Homeboken aren’t you just nitpicking about Biden? I
Mean cmon he is clean after all!
ExEssex, Newman, IL…lets get real, who is going to live there, the population is 800 and the next town is 20 miles away!
Also the reason those old houses are cheap is because they cost a small fortune to fix/maintain. My house is from the 1920’s, they don’t build them like they used to and if you need to fix them forget about it. Nothing is a standard size and everything was site fitted, the part of my house that was gut renovated is terrible(doors and windows aren’t tight/true/square), the old part is better as everything fits tightly because it was all built on site to fit(windows and doors…they aren’t uniform), any time you go to replace things you need to custom fit everything and I swear I own stock in a caulking company, I buy cases of caulk to fit everything together smoothly. All of my electrical(minus the garage which has lovely original fabric covered wire) was redone thankfully because cutting the plaster with the steel in it is like trying to cut granite. My plumbing is another story, I’ve got bronze threaded pipe plumbing in 2 of my bathrooms. Fixing an old house isn’t cheap, they didn’t build them cheap, and the methods used did not take advantage of modern materials, typically the fix means either drastic changes or replicating the old methods.
Agreed. I just agree with the idea of the nation being divided. Obama divided it, and then trump finished the job.
JCer says:
May 22, 2020 at 12:05 pm
Pumps, please don’t post any articles from “the atlantic” or “Huffpost”, neither are credible sources. That hyperbole totally misses the point that Trump has been a bigger thorn in Putin’s side than Obama was. The Trump admin has armed Ukraine in ways that the prior administration would not.
You ended up on both coasts. You agree with me whether you want to or not, your actions dictate it.
That’s how I know you are smart. You didn’t sit around the Midwest, you took control of your life and opted for better. You raised your kid in jersey and then made the move to Cali. That’s a quality life right there..
ExEssex says:
May 22, 2020 at 3:57 pm
Midwest is best: https://www.instagram.com/p/CAgGTltBw3A/?igshid=sbqomsg8s13i
Jcer nails it over and over in his posts. Cheers 🍻
JCer, add to that Covidien 980 Ventilators turning off by themselves with no warning or alarms. They have a nick now. 980MAX.
JCer said,
As in Visa workers and offshoring have decimated this business. It is also responsible for a good number of security exploits and Boeing planes falling from the sky.
Jcer No one is talking about the middle of nowhere for those that don’t want that. There are small and mid size cities and towns all over this country. To simply say NYC metro area and California is it and nothing else is worthwhile is simply not true.
I have a friend that moved to Denver after the 2008 crisis. Left Wall St. to work a pension management job. Makes a lot less, and lives a much higher standard of living than he did in both NYC and Bergen County
80% of Vornado’s NYC retail tenants and 40% of office tenants skipped paying rent in April and May.
https://www.dailymail.co.uk/news/article-8345543/NYC-businesses-companies-skip-rent-payments-shutdown-drags-on.html
4:45 – I did. I just lust after these wonderful old homes.
I used to ride bikes as a kid in the park where this one sits:
https://www.zillow.com/homedetails/1033-Williams-Blvd-Springfield-IL-62704/75504496_zpid/?utm_campaign=iosappmessage&utm_medium=referral&utm_source=txtshare
4:38 hahaha ok ok. I hear ya!
Could be before, could be after (hopefully never).
If it happens, it will definitely be after the fact that the stock market gains on Monday were washed away. Week ended flat. Can we at least agree that pointing to a one-day increase in stock indices is not reflective of the overall economy’s health nor future outlook?
Have a nice weekend everyone.
Fat F.uck Fast Eddie says:
May 22, 2020 at 4:04 pm
Get ready for national closure 2.0.
Is that before or after the 250,000 deaths?
Even NJ has begun trending up again.
Get ready for national closure 2.0.
Huh? No we haven’t.
3b,
They are not going to pay big bucks to people that remotely work in cheap locations. That dream of making nyc money in Texas is a dream, nothing more. If they can hire people from a wider area, there is a larger applicant pool to choose from and the price will fall. The big question is whether the quality of employees will drop also. Operating where real estate is high tends to act as a filter to attract only the very top talent, because only the top talent can justify their salaries there.
I’m not hating on denver or the smaller markets, I used to manage a team of developers out in Denver. Denver isn’t cheap, it isn’t CA or NYC, look at what a home costs in Denver or a good suburb? Texas is cheap but that is really a result of sprawl and lax zoning, even the good detroit suburbs are expensive, look at Bloomfield Hills or Birmingham, it’s not far off NYC suburb pricing….. Lots of people would move to Denver if the money is right.
I was just commenting on the cheapoldhouses links essex keeps posting, no one in a million years wants them.
Jcer I understand.
In Jersey our home prices aren’t ridiculous really it’s the taxes, that are out of control. Even Pumps Ping Pong Palace for 650k isn’t ridiculous, the reason it is a blackhole is the nearly 20k tax bill! If it wasn’t for the taxes the home would probably have gone up in value but when the tax bill is 1500 per month, the P&I is only $2300 but the taxes are almost as high…..
NJ could fix the tax issue but is too progressive and woke to do so. If we look at MI they have more equitable state aid and the result is apparent, local districts don’t need to raise as much property tax to pay for schools and the detroit district is terrible. Since Newark is already terrible how much would we be losing?
Jcer It’s not just the taxes, prices still are out of whack but better than they were. But it’s still more it’s the decline and decay the broken infrastructure, the decrepit transit system. And more. As well it’s the general rudeness of so many in the nyc metro area, the self importance, and just the fact so
Many appear to be miserable. But hey some rock scientist says you need high price real estate to attract the talent, they are OK with all the negatives. Screw Mark Zuckerberg!
The majority of new cases in NJ right now are long term care.
For example, today’s numbers for Wayne.
2 deaths – long term care
6 new cases – long term care
1 new case – public
This bet is weak. To Make it interesting, if you lose you should have to workout in the gym in Bellmawr everyday for a week on Facebook live while saying nothing but nice things about Trump in full MAGA gear.
Libturd, counting the easy money says:
May 22, 2020 at 2:22 pm
I will tell you morons why I won this bet. You all seem to think that it’s 2016 and people are voting on the issues again.
What is it with this “Senior Freeze” on taxes. Is it not the seniors that have the majority of wealth in America? So why can’t they pay their fair share of taxes?
Hertz not looking good
https://www.dailymail.co.uk/news/article-8349487/Hertz-preparing-file-bankruptcy-soon-Friday-night-WSJ.html
Home,
“If Trump can manage just 15% of the black vote” That’s the funniest thing I read today!
He polled 6% in 2016, outside of the disenfranchisement tactics. Where do you see these voters coming from?
Joe has an easy pivot from today. “Explain Diamond and Silk, explain Clarence Thomas, explain Kanye!”
As states reopen infection rates drop
https://www.dailymail.co.uk/news/article-8347901/US-states-LOWER-infection-rates-lockdowns-end-study-claims.html
I’m not hating on denver or the smaller markets, I used to manage a team of developers out in Denver. Denver isn’t cheap, it isn’t CA or NYC, look at what a home costs in Denver or a good suburb? Texas is cheap but that is really a result of sprawl and lax zoning, even the good detroit suburbs are expensive, look at Bloomfield Hills or Birmingham, it’s not far off NYC suburb pricing….. Lots of people would move to Denver if the money is right.
I was just commenting on the cheapoldhouses links essex keeps posting, no one in a million years wants them.
Yes, it’s gotten more expensive, but it wasn’t bad in 2010. But lots of people did move to it and it went up. I’m sure there’s plenty of value around the country still to be had.
Hold,
Scroll back up to that Post on Alabama. One ICU bed left in Montgomery.
They don’t have the population of the TriState, but they don’t have the medical infrastructure either. Maybe Donnie wall sail Comfort down there to help them out.
Home,
I’ll take your bet.
Although the last time I took a bet in here, it was O against the field in 2008 and I’m still waiting for payout!
You Know Who You Are!
Fab Forget the pivot, can you at least acknowledge it was a stupid and racist
comment on Biden’s part?
Yes Hertz in deep doo doo!
https://jalopnik.com/hertz-just-dumped-a-bunch-of-cheap-z06-corvettes-onto-t-1843521667
Biden has been known as the Gaffe King. I remember after he got the VP nod, someone asked him if he would elaborate on what he said in the Debates, His answer was “No” and said nothing after.
He does know when to shut up. He will be reminded and it will happen
Just been told that I am WFH until at least Jan 2021.
ManCave 2.0 here we come!
Fab You have an answer and excuse for everything. Gaffe my ass! Biden is a typical liberal closet racist.
3b
I get that you want to see Biden fail, but honestly, its not happening.
” can you at least acknowledge it was a stupid and racist”
No, because I agree with him. As Lib eloquently pointed out this is not a normal election. Its a one issue ticket.
“You have an answer and excuse for everything.”
No, and one thing I learnt from Donnie, is that its more that you just don’t have an argument to match it.
Fight on the issues, you know where I stand!
Nonsense