C19 Open Discussion Week 20b

From NJ Spotlight:

Senate Moves to Let Towns Go Deeper in Debt to Weather Pandemic Crisis

New Jersey’s local governments could borrow money to help offset revenue losses during the coronavirus pandemic under a bill that’s progressing despite concerns among some lawmakers about oversight and the potential for abuse.

The Senate Budget and Appropriations Committee passed the local-borrowing measure Tuesday, putting it on course to win final approval from the Democratic-controlled Legislature on Thursday.

The bill’s advancement comes just weeks after lawmakers approved another borrowing measure that gives the state the preliminary authority to issue up to $9.9 billion in new debtto offset its own revenue losses.

But some lawmakers have raised concerns that the current draft of the local-borrowing billwould allow too much debt to be issued without direct state oversight. It’s also unclear right now whether Gov. Phil Murphy will sign it.

Still, local government officials and others who testified Tuesday said taking on more debt could help towns deal with severe revenue losses that some have experienced in recent months due to the pandemic.

“These revenues are not going to be recouped,” said Michael Cerra, executive director of the state League of Municipalities.

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471 Responses to C19 Open Discussion Week 20b

  1. Chi in PRI says:

    Frist bichez

  2. Hold my beer says:

    Enjoy the new taxes. NJ government is like a morbidly obese diabetic loading up at the bakery and candy store. What difference does it make? Already terminally ill. I bet NJ raises the sales tax by allowing counties and towns to keep part of it. Cause it’s better to do that than furlough government employees who have nothing to do during the pandemic.

  3. dentss dunnigan says:

    What about the Homestead rebate how the property freeze ..Are their no workhouses ,are their no prisons ?

  4. Fast Eddie says:

    Cause it’s better to do that than furlough government employees who have nothing to do during the pandemic.

    De-fund the school administrators.

  5. TruthIsTheEnemy says:

    Andy Ngo is not another James okeefe. He’s a g@y Asian son of immigrants. Not exactly hyper partisan material.

    Of course the left would like to dismiss his coverage of antifa that’s gone back several years. He’s exposed their violent methods and anarchist agenda. And was beaten savagely and nearly killed for doing it.

  6. homeboken says:

    Yesterday’s Barr hearings were a disgrace.

    Rep: takes 5 mins of monologue to ask 1 question.

    Barr: I thank you for the ques….

    Rep: I RECLAIM MY TIME!!!!!

    if you support the elected idiots of this Congress, you should be ashamed.

  7. Fabius Maximus says:

    Truth, late start for you in the Troll Farm.
    I’ll let David Neiwert educate you on Ngo.

    https://twitter.com/DavidNeiwert/status/1112440108576198656

  8. Fabius Maximus says:

    Antifa is a myth a Boogeyman meant to scare people. Right wing WS diguising itself and hiding under the BLM banner is real.

    https://www.wsls.com/news/virginia/2020/07/27/police-richmond-riots-instigated-by-white-supremacists-disguised-as-black-lives-matter/

  9. Juice Box says:

    re: “Homestead rebate the property freeze”

    My dear old mother did not get her 4 grand this year and is up in arms. She says you lazy bums need to pay your share to pay her the Senior Freeze (Property Tax Reimbursement) ASAP.

    I explained the 10 Billion in Bonding just to make State Payroll this year and the fall off the cliff in tax receipts and the million people in NJ now unemployed. She does not care, wants her 4 grand and wants it now and oh BTWM you better vote for Biden.

  10. Juice Box says:

    Fab – imagine thinking the police are a good source of information on the legitimacy of a mass movement against the police.

  11. TruthIsTheEnemy says:

    I don’t have time to godown the twitter rabbit hole. Other than to undermine his antifa coverage, what is your point? Are you an antifa denier?

    Or that Portland wasn’t a hotbed of antifa anarchists before 2020? In order to buy the premise that the Portland riots were a trump hoax I guess you would have to believe that. It is laughable.

    Portland has been the epicenter of antifa for years. I guess you probably think the coverage of it going back years was planted too.

    You and Nadler both. Two real credible people.

  12. TruthIsTheEnemy says:

    Oh yeah. And ngo must have staged his own attack which almost killed him too.

  13. TruthIsTheEnemy says:

    The left is now caught in a dilemma of their own making. They are complicit with the lawlessness and anti police activity but are now seeing blowback.

    They have two tacts they can take. Either deny it exists or is occurring st all. Which is absurd.

    Or claim it’s mostly peaceful and the violence is caused by right wing agitators. Also a joke.

  14. 3b says:

    Fab Do you ever condemn the left?

  15. Fast Eddie says:

    Truth,

    You don’t understand! If those black-booted federal agent thugs never showed up, the peaceful protests would continue without violence, looting, rioting and destruction!

  16. The Great Pumpkin says:

    Just to be clear, you realize you are Hoover reincarnated, right? In the middle of a crisis and you are advocating more people losing jobs? Do you want to obliterate the economy? Do people understand this? You don’t make significant cuts when the economic engine needs it most.

    The can has been kicked for so long, why would you stop kicking it now?

    Hold my beer says:
    July 29, 2020 at 5:11 am
    Enjoy the new taxes. NJ government is like a morbidly obese diabetic loading up at the bakery and candy store. What difference does it make? Already terminally ill. I bet NJ raises the sales tax by allowing counties and towns to keep part of it. Cause it’s better to do that than furlough government employees who have nothing to do during the pandemic.

  17. Chi in the PRI says:

    As I’ve stated numerous times. The most intellectually dishonest blog poster.

    He doesn’t even troll. It’s pure politburo propaganda .

  18. Chi in the PRI says:

    Responding to 3b

  19. The Great Pumpkin says:

    Look at the National debt, and you people are crying about state debts? Over 20 trillion in the hole. At this point, who gives a f’k, really? It’s never ever getting paid. You would have to be a sucker to be the generation that decides to start paying it back.

  20. Juice Box says:

    He is quasi correct in the case of Richmond, the Police have to blame certain groups so the local politicians won’t rein them in and have them stand down.

    What is interesting about Richmond is most of the groups that showed up to the July 4th protest there were heavily armed. So you have armed white supremacists, 2A groups, BLM, some other group dressed in Hawaiian shirts and even some local group called the properterians that actually want a civil war to return rights and banking to the states.

    Since everyone was heavily armed including a politician running for governor everyone was civil, check the pictures from the local press their coverage was way better than the MSM. There is a self proclaimed Antifa group in Richmond not that they have any kind of real numbers.

    Since the majority of people doing vandalism, lighting fires, destroying property are white males it’s pretty easy for the Police to blame them instead of anyone from the other groups who actually want to defund the police. Those arrested so far are from across the spectrum and state lines.

    Here is the local news report on those arrested. Judge for yourself.

    https://wset.com/news/local/more-than-20-arrested-during-violent-weekend-in-richmond

  21. ExEssex says:

    “…nobody likes me….”

    Schleprock for president.

  22. ExEssex says:

    (WASHINGTON) — A new $1 trillion COVID-19 response package by Senate Republicans is supposed to give the government more weapons to battle the surging coronavirus pandemic. But GOP lawmakers have more than just the “invisible enemy” in mind.

    The Republican measure includes billions for F-35 fighters, Apache helicopters and infantry carriers sought by Washington’s powerful defense lobby. Overall, the proposal stuffs $8 billion into Pentagon weapons systems built by defense contractors like Boeing, Lockheed Martin and General Dynamics — corporate titans that sit atop the Washington influence industry.

  23. ExEssex says:

    And from the F$cktard files…

    Rep. Louie Gohmert — a Texas Republican who has been walking around the Capitol without a mask — has tested positive for the coronavirus, according to multiple sources.

    Gohmert was scheduled to fly to Texas on Wednesday morning with President Donald Trump and tested positive in a pre-screen at the White House. The eighth-term Republican told CNN last month that he was not wearing a mask because he was being tested regularly for the coronavirus.

  24. Fast Eddie says:

    Is it Build, Back, Better… or Better, Build, Back… or Back, Better, Build… or Baby’s Got Back.. lol?!! Who the f.uck even knows what that ‘catchy’ slogan means? LOL!!

    I think his slogan should be, “Nurses Breathe In My Nostrils.” LOL!

  25. AP says:

    I want to understand better what’s going on in the NW. Is Fab or Truth right? Is the main problem white supremacy organized groups or antifa or both? What are the facts of the matter?

  26. Blue Ribbon Teacher says:

    If anyone even thinks someone from a right leaning group is able to walk around in the crowd in Portland, they are completely delusional.

  27. homeboken says:

    AP – how about we first stop the violence and attempts to burn down federal courthouses. Let’s acknowledge it is happening and stop it.

    Then we can post mortem why it was happening. We’re the right wing extremists leading this charge? Was it antifa? We can easily find out.

    Step 1- already and question every person they can round up.
    We are stuck in pre step 1- many elected leaders are denying that it is even happenning.
    Personally, I know it’s happening. I do business in Oregon and my clients know it’s happening. Try closing a Fannie Mae loan in Portland today. It can’t be done thanks to the Oregon legislature.

    One party admits there is a problem. The other says “that it’s a myth or mostly peaceful.”. Tells me all I need to know.

    I’m at the point where I believe the feds should completely pull out. The residents of Portland want to burn their city, have a blast.

    It’s bait. They want sooop badly for a “peaceful protestor” to be shot and killed by a federal agent. So don’t take the bait. Burn it to the ground. Enjoy your moral high ground.

  28. AP says:

    Would it help if they cordoned off that Federal building a few blocks away instead of right by it? Then fireworks wouldnt reach it.

  29. Juice Box says:

    Seems it’s the Oregon State Police turn to manage the ramparts. DHS and the Governor of Oregon have come to an agreement.

    https://twitter.com/DHS_Wolf/status/1288497192962056193/photo/1

  30. The Great Pumpkin says:

    “Investors had various reactions when they heard that shares of Eastman Kodak more than tripled on Tuesday after receiving a U.S. government loan to produce pharmaceutical ingredients. Regret was one, though the micro-cap was hardly on many investors’ radar. Greed was another. Robintrack, which reports positions held by traders on retail brokerage Robinhood, says it was by far the stock added to the most portfolios on Tuesday.”

    https://apple.news/ATpxwZyIPRFyPkA8VH-aRRQ

  31. The Great Pumpkin says:

    “Japan and Hong Kong—both hailed as mod­els of in­fec­tion con­trol—are also ex­pe­ri­enc­ing flare-ups tied to trav­el­ers and so­cial gath­er­ings. Japan’s daily new cases have in­creased six-fold in the last month. Hong Kong is re­port­ing 136 new cases each day on av­er­age, up from two four weeks ago, and on Mon­day it banned dine-in restau-rants and gath­er­ings of more than two.

    Ja­panese Prime Min­is­ter Shinzo Abe says he doesn’t be­lieve it’s nec­es­sary to shut down busi­nesses since most cases so far are among young peo­ple and hos­pi­tals have am­ple ca­pac­ity. This is the same ap­proach most Re­pub­li­can states are tak­ing, and that Ari­zona, Texas and Flor­ida took un­til some hos­pi­tals be­came strained.”

    “Amid the post-lock­down flare-ups, it’s worth re­vis­it­ing Swe­den, which has been widely crit­i­cized for never clos­ing busi­nesses and pri­mary schools. Cases have been fall­ing over the past month af­ter a mod­est uptick in June due to more test­ing. Only 27 pa­tients have died in the last week, fewer per capita than New York.

    Amer­i­ca’s lib­er­als cite Swe­den’s rel­a­tively high death rate (56 per 100,000 com­pared to 45.1 in France and 35.8 in the Nether­lands). But two-thirds of deaths have been among those over age 80, and 97% never re­ceived in­ten­sive-care treat­ment. Blame Swe­den’s so­cial­ized health sys­tem, which ra­tioned treat­ment for the el­derly even though ICUs were never over­whelmed.

    The lesson is that the virus won’t disappear anytime soon. Governments may have to impose some business and social restrictions to protect hospitals and the vulnerable. But lockdowns aren’t a miracle cure, and their collateral damage is too severe to sustain.”

    https://www.wsj.com/articles/the-worlds-covid-resurgence-11595978652?st=zr23d32ludpormv&reflink=article_copyURL_share

  32. Homebuyer123 says:

    Mewnwhile in NJ, the house market is bonkers… Bidding wars, people lined up to open houses. Bla bla..

    WTF is goin on in here..

  33. Fast Eddie says:

    The move to have Kodak create pharmaceutical components here in the U.S. that were previously created in China appears to be another win by the Trump administration. It’s another example of talking the talk (Oblammy administration) and literally putting your money where your mouth is (Trump).

  34. AP says:

    Escape from NY!

  35. ExEssex says:

    “Another win by Trump”

    Can you name 5 wins??

  36. ExEssex says:

    Please please please name 5 successes from Trumps first Term.

  37. homeboken says:

    1. Opportunity Zone investment vehicles
    2. Perm funding for HBCU
    3. Prison reform
    4. Al Baghdaddi – Dead
    5. Solemani – Dead
    6. NAFTA – replaced by USMCA
    7. End of JCPOA deal
    8. Move of US Embassy in Israel
    9. Bringing school choice to the national stage.

    More?

  38. Juice Box says:

    1) Keep Gitmo open
    2)Cancel TPP
    3) Defund Planned Parent Hood
    4) Make countries we protect to pay more for joint defense
    5) Lower repatriation tax
    6)Stop all immigration from terror-prone countries
    7) Raise Tariffs on currency manipulators (this is two promises)
    8) Cancel NAFTA and Replace it

    Opps you asked for 5…I went over I am bad…

    Makes no difference as “Orange Man” = BAD must tear down and burn down everything..

  39. ExEssex says:

    A mixed bag here. I’m not sure any of these are unequivocal wins.

  40. Fast Eddie says:

    I’m not sure any of these are unequivocal wins.

    LOL!

  41. homeboken says:

    Let’s remember – all those listed “wins” were done while fighting the media with one hand and an impeachment farce with the other. See what’s possible when we send non-politicians to Washington?
    Term limits NOW!!

  42. AP says:

    Are you guys worried about outsourcing and automation?

    How about being replaced by an AI? The “most buzzed about new designer” this year, Nikolay Ironic turned out to be an AI:

    https://www.underconsideration.com/brandnew/archives/meet_nikolay_ironov_he_doesnt_exist.php

  43. SmallGovConservative says:

    In the name of fairness I’ve decided to highlight some on Oblama’s great achievements as well…
    – ‘leading from behind’ in Libya; allowing it to become a terrorist haven and launching point for overwhelming number of migrants to Europe
    – allowing isis to grow un-checked and deliver terror throughout the mideast (after referring to them as the JV)
    – allowing Syrian leaders to cross his line-in-the-sand and gas his enemies, and then allow Russia to regain a foothold in the mideast
    – telling Putin to ‘cut it out’ when alerted that they were meddling in our elections
    – wasting billions on useless shovel-ready projects, including a pedestrian bridge over 206 here in Bridgwater that I’ve seen used by exactly one person in the ~10 years that it’s existed

  44. Juice Box says:

    I would prefer AI make all the decisions on how to run a business, there is no need for a C-Suite or board of directors anymore all of their decision making can be done much much better with AI.

  45. homebuyer123 says:

    Can we rename this blog from NJrereport.com to DiscussAnyCrap.com??

  46. 3b says:

    AP: Eventually A.I. will replace most jobs. That’s why universal basic income has to be discussed.

  47. Juice Box says:

    It’s says “Real Estate, Economics, and Politics” at the top and has so for a long long long time.

  48. JCer says:

    AP have you looked at those logos, good lord they were cr@p….

    I don’t think the visual designers have to worry about AI for some time……

    Lawyers on the other hand might be in for a problem sooner rather than later……

  49. 3b says:

    Homebuyer we branched our from real estate years ago. Not much to discuss. Market crashed, Fed put a floor under the fall instead of letting it fall. Fed lowers rates, and market gets over inflated again. Pandemic hits,and now we have a mini boom pumping up prices by silly NY ers escaping from the city, but paying a premium to live close to the city, and yet many of them won’t be going back to NYC, as the jobs are going to be WFH permanently. Oh and obscene property taxes, and a state that will financially collapse at some point.

  50. 3b says:

    Amazing how so many leftists believe everything was great in this country prior to Trump. I suspect Trump will loose, and at least we hopefully will have some peace instead of all the hysterics. If the Dems win both houses as well, than all will be well.

  51. Bystander says:

    What a laugh of a list. A real leader can pass legislation, good or bad. Not much there but adding 1.5T to debt get 1 trillion of “repatriation”. I would call that a fail. Canceling something that never existed like TPP..ooh. This is mostly huff and non-sense. What a sad presidency that will end soon. Here is the major accomplishment

    1. Pumping up base of racists and bigots.

    Nice try except he said Muslims, not “terror prone” countries. What Dumpy supporters do best, dismiss his actual quotes and project bigger and better statements/results.

    “6)Stop all immigration from terror-prone countries”

    Quote: “Donald J. Trump is calling for a total and complete shutdown of Muslims entering the United States until our country’s representatives can figure out what is going on.”

    Source: Press release from the Trump campaign, Dec. 7, 2015

  52. The Great Pumpkin says:

    Homebuyer,

    I called this way back in 2012/13. Current trend is to blame the virus, but I promise you this was coming no matter what. I know it’s hard to believe, but it’s still low compared to what it will be by the end of this decade.

    Wayne is on fire…I was screaming on this blog that Wayne was prob the best value in the area. It’s now almost impossible to get anything in Wayne for under 400k, or I should say 500k. The bar has been moved.

  53. The Great Pumpkin says:

    I’m not trying to be a dick, but do not listen to this poster when it comes to real estate. A lot of biased gloom positions…

    3b says:
    July 29, 2020 at 12:48 pm
    Homebuyer we branched our from real estate years ago. Not much to discuss. Market crashed, Fed put a floor under the fall instead of letting it fall. Fed lowers rates, and market gets over inflated again. Pandemic hits,and now we have a mini boom pumping up prices by silly NY ers escaping from the city, but paying a premium to live close to the city, and yet many of them won’t be going back to NYC, as the jobs are going to be WFH permanently. Oh and obscene property taxes, and a state that will financially collapse at some point.

  54. JCer says:

    On Obama no one really knows where the government spent the stimulus money. It seems a lot of funds were siphoned off to “Green” energy which promptly build a series of boondoggle projects, earning excessive profits for their investors while never reaching their targets. Many are not even in use now a decade later.

    https://www.thegatewaypundit.com/2015/11/failure-barack-obama-blew-150-billion-to-increase-renewable-energy-generation-by-1/

    or we could talk about the loans where 2.2 billion so far has been lost based on an independent audit.

    The crime in all of this is the democrats would like you to think Trump’s glorified border fence is a waste of money. Even if it doesn’t help stop contraband or immigrants it doesn’t even register on the colossal scale of wasted funds directed by the Obama administration to “Green” energy, which is one of the biggest scams and scandals of the 21st century. Al Gore and Obama got rich, yet they live incredibly environmentally unfriendly lifestyles while profiting immensely out of the public coffers. So much of what is advanced as environmentally friendly is actually anything but, ironically nat gas fracking is what has reduced our carbon emissions!

  55. The Great Pumpkin says:

    This huge demographic group (millennials) is slowly working its way through the market. When they were younger and not married, they drove up rental prices. Now they have been pushing up starter home prices, and a portion of them are starting push up the next leg in the market the 600k-1million range.

    Successful late 30’s to 50’s are blasting away at the 1 million or higher mark.

    “It’s now almost impossible to get anything in Wayne for under 400k, or I should say 500k. The bar has been moved.”

  56. The Great Pumpkin says:

    And can’t stress it enough, this is all happening while the virus is using the economy as a punching bag, making people cautious to buy. So imagine if this virus had never happened…market would be on absolute fire.

    So it’s hard to believe, but you are getting a discount right now, there is limited competition. When that virus ends, flood gate of competition is coming and the supply will not be there to match.

  57. The Great Pumpkin says:

    Homebuyer,

    Hope this helps with getting the real estate discussion going.

  58. 3b says:

    Pumps: You are not trying, you are. The history teacher from Wayne, knows more than me and many others on this blog? Not a chance. As for Wayne there are over 180 houses available for sale, and in the 300 to 500 k range. Let the poster make up their own mind, a history teacher from Wayne or an MBA who has spent their whole career on Wall Street.

  59. homeboken says:

    3b – you are right, if the DNC wins and controls all 3 branches, there will be peace.

    Unless of course, the GOP supporters attempt to peacefully protest for a few years as well.

    Hoping for peace in the streets is no reason to vote blue. That’s akin to giving your kid a second ice cream cone because they scream and yell and force you to Dom something you know is wrong.

    It’s a bad parenting technique and worse national policy. It’s the exact opposite of a civilized nation. Might is right, is what you are suggesting. Good luck with that lasting for long.

  60. Homebuyer123 says:

    Pumpkin, I have been a long time lurker on this site.. Dodged the ball in 2006, Didn’t have money to buy in 2012, Didn’t have the heart to buy in 2016… Everyone kept saying on the board the prices will crash bla bla starting from 2016 and you kept saying Roaring 2020s or whatever and upcoming spike in suburbs..

    I started believing the others and waited for a crash, never happened..

    Come Jan 2020 built enough cash position by reallocating my foreign assets to build a cash position for 25% down in addition to 3 years of emergency money. targeting a 700K house along route 3, within 10 miles from Mahhattan.

    COVID hit and I though, great. I’m in a best position to make use of it… Interest rate dropped.

    Stopped looking at this site and looked at reddit and sensed the market blowing up…

    I though, I’m screwed because I will end up over paying with idiots bidding, lining up for open houses, 10s of offers, all those idiots rushing into my town where I have rented for the past 10 years..

    I had to do something.. A house I was looking and sat on the market for 6 months due to overpricing pre-covid came on market. I called the listing agent and told him to act as my dual-agent, put in a offer 40K below, upped to 20K and locked the contract.. ( only happend because of dual agent. trust me).

    Anexity hit looking at reddit posts.. Overbidding everywhere.. Worried about seller finding a way to backout..

    Man….. just came back from closing( 21 day) and a what a relief..

    All I can say is Mr Pumps was right and might have gotten lucky with Wayne house and prediction.. The whole Rt 46/Rt 3 market has gone bonkers.. I truly hate all those NY crowd..

  61. JCer says:

    Pumps, Suburban NJ housing has been somewhat undervalued since 2011. There is a reason for that, a very poor economic outlook from the state(Murphy and his soci@lists don’t appear to have what it takes to bring economic activity into the state, even with Christie they seemed to be spending money to keep companies here), we have a hostile business climate and high costs. What we are seeing now could very well be temporary, this is the effect of Urban people based on seeing what is happening now are deciding to decamp to the suburbs. Blowback from NYC’s economy, so to speak.

    Most of my friends who either live in NYC proper, Jersey City, or Hoboken and have a family are looking, it doesn’t hurt that most being close in age to me(typically late 30’s to 45, city folks seem to start to have kids around 37 or 38) have kids who are either early elementary school or just about to enter elementary school. These people are very used to spending very high amounts of income on either rent or property. They are used to spending 20-30k a year on preschool and would likely need private school going forward if they remained in the city. What this leads to is a buyer who on average is telling me they want to keep it under a million who isn’t scared by 20k in property taxes as they probably are spending 50k for 2 kids right now so even with aftercare or a part time nanny etc. costs factored they are going to save on that number. Money isn’t what scares these people it’s having to own and maintain a home. Most of these people are dual income and work long hours. They didn’t even notice the need to own a home instead of an apartment until they had to be locked inside with 2 kids maybe even a grandparent or care taker for the child while they work. Covid has turned the city lifestyle on it’s head, the apartments are like a prison now, can’t use the pool or gym or playground or theatre room, can’t go to a show, restaurant, bar, etc, no need to commute anymore…… You get the picture it is losing it’s luster. Add to that neighbors who contracted covid and some have passed away and you have a situation that is scary to these people. Fear is a great motivator….

    One of my friends asked about Wayne as they were looking in Short Hills, Millburn, and Livingston and finding that there wasn’t much inventory at around 1m. They had heard they could get a lot for their money there. I told them the commute to midtown from Wayne isn’t great and the taxes are high otherwise there are some nice parts of town and that if they were spending a million Franklin lakes would be a better bet because the property taxes and it being in Bergen County.

  62. Homebuyer123 says:

    I’m not saying this will keep on going, the price rise.. May very well tank. But nobody got any clue… I’m ready for anything..

    But I truly hate the fleeing crowd..

  63. AP says:

    Honest question, I was curious to understand better what the “refund the police ” folks are really on about and came across this article where the author suggests that we are relying too much on Policing for things that could be done cheaper by other actora.

    He proposes 10 steps to reduce reliance on police. Not sure if I agree with each but curious what the blog thinks:

    https://theappeal.org/10-ways-to-reduce-our-reliance-on-policing-and-make-our-communities-safer-for-everyone/

  64. AP says:

    Err.. typo : )

  65. 3b says:

    Homeboken: By peace I meant along the lines of the hysterics on social media, and Trump is the anti-Christ. If they win all 3 , then it’s ok let’s see the greatness that you will bring to the country. Obama, spent his time preening and lecturing, not much got done. Will this time be different?

  66. 3b says:

    Homebuyer:I am glad it worked out for you.

  67. Bystander says:

    3b,

    Don’t bother. The truth will be many years in the making. People like Blumpy won’t feel robbed bc of his wife’s hard work and the debt slaves of NJ will be paying his early retirement after years of his failed teaching. He won’t see it until he makes little to no money on his house as his taxes hit 20k. He won’t connect that jobs may pay less in the area and that is why house did not appreciate. People that stay in NJ will think it still makes sense but it will be slow robbery of their income via tolls, taxes, higher costs and low wage growth. Moving over border to low cost, low tax area and commute into office once in a blue moon, well it would have saved them years of working. They will probably still think it was worth it but all they did was lose years of freedom to ensure Blumpy gets paid. That is how it will happen.

  68. 3b says:

    Jcer Those are some big numbers you are throwing out there, no way I would want to throw one million out there with young kids and kissing 40, and needing two big incomes to do it. I stand by my assertion that running out to close to NYC suburbs is a mistake, but if it works for them for now, than it works.

  69. Bystander says:

    JCer,

    C’mon, you know that this is not true of most people. There are but a small sliver who can actually afford this and there are not enough to move real estate dial up in a long term trend. There are way more regular 200k dual income folks who can’t afford this lifestyle, probably 95 percent of buyers.

    “keep it under a million who isn’t scared by 20k in property taxes as they probably are spending 50k for 2 kids right now”

  70. Fabius Maximus says:

    Anyone who wants a good history of Portland click this link and follow the thread.
    https://twitter.com/DavidNeiwert/status/1112440108576198656
    For those that dont want to read it, the summary is that Oregon has weak hate laws so WS thrives. Lots of crimes documented that Ngo claims are hoaxes on the RW website he edits. Truth if you have valid evidence to the contrary post it up.
    “Oh yeah. And Ngo must have staged his own attack which almost killed him too.” I don’t know who beat him up, you point out he is a g@y minority. So he is hanging out and carrying water for WS who hate g@ys and minorities and you want me to believe the left boogeyman beat him up?
    I am a 100% Antifa denier. It does not exist. The Hawaiian shirts are the Boogaloos, the black Fred Perry’s are the Proud boys, take a guess on the ones with all the Naz1 gear.

  71. Fabius Maximus says:

    “If anyone even thinks someone from a right leaning group is able to walk around in the crowd in Portland, they are completely delusional.”

    Remember this guy? What a Shock!
    https://www.dailykos.com/stories/2020/7/28/1964542/–Umbrella-Man-finally-identified-as-a-member-of-a-white-supremacist-group-and-biker-gang

  72. 3b says:

    Bystander: It’s coming, and in fact it’s here. Even before the pandemic my industry,and I know of others as well had been geographically dispersing their workforce.?WFH is the next logical step. Will it work for all positions, no but it will work for many. And as much as he hates it, WFH will be a huge quality of life improvement, assuming the kids go back to school at some point. He does not care about that, he wants everyone back in the office as otherwise it would affect his property value. People talk about the salaries here being big vs rest of the country. 200 to 250k is probably the average for most two income families in this area, but it gets eaten up by over priced housing and outrageous property taxes and tolls and fees and all the rest, and more to come as you say. I feel for the younger generation, I bought my first house in my twenties, in the late 80s, over paid in a bubble, but that’s ok. All on one income, we watched our money, but it was more than doable. Property taxes were 1700.00. Today two incomes for the same house and a crappy quality of life with both having to work. And I stress having to work not wanting to work. How can anyone think this is better? Why would anyone continue to cheer high housing prices and high taxes.

  73. Fabius Maximus says:

    So we pumped $700million into a company that has been in the doldrums for years. Shares jumped $5 and then another $40. Someone is making a lot money on this. I think we need to take a look and the WH and Congress holdings again.

  74. The Great Pumpkin says:

    Man up and be honest with yourself. You were wrong and I was right for a very long time now. Stop trying to make yourself feel better and accept/understand why you were wrong. Putting me down is not going to make you correct.

    Again, I purchased an investment property at a young age (at a time when no one in my demographic was doing it) and you write it off as pure luck. Could it be that I know how to make money? It just might be.

    3b says:
    July 29, 2020 at 1:16 pm
    Pumps: You are not trying, you are. The history teacher from Wayne, knows more than me and many others on this blog? Not a chance. As for Wayne there are over 180 houses available for sale, and in the 300 to 500 k range. Let the poster make up their own mind, a history teacher from Wayne or an MBA who has spent their whole career on Wall Street.

  75. Bystander says:

    Cool, I found a picture of Blumpy and Homebuyer123. Never knew what you looked like before, Blumpy.

    https://imgur.com/a/Fb4BKHw

  76. The Great Pumpkin says:

    Homebuyer,

    Congrats and best of luck, and thank you for pointing out that my calls were correct. I called it on the years, so far out. You know how difficult that is? I don’t know if I will ever be able to do something like this again, but I absolutely knocked it out of the park on reading the economy years out.

  77. 3b says:

    Pumps: Man up and admit, you hate WFH, because you are worried it will negatively impact your property value. So thousands of people whose lives will be positively impacted by WFH must return to the office to ensure your house value. Meanwhile, you will have your summers off, and home at 3:00, and all the other days you get off.

    As for making money you took your Grandma s house , so yeah you got me there, I didn’t have anyone to give me a house. I made all of my money myself, I earned and invested. You are so good at making money, yet you became a teacher, and married someone who makes a lot more than you. No. I don’t think so.

  78. 3b says:

    Pumps @2:24. Stop you are embarrassing yourself! Get one of those books!!

  79. The Great Pumpkin says:

    “Pumps, Suburban NJ housing has been somewhat undervalued since 2011”

    Absolutely, when no one wants something, and it limits the competition, take advantage.

    “What we are seeing now could very well be temporary, this is the effect of Urban people based on seeing what is happening now are deciding to decamp to the suburbs. Blowback from NYC’s economy, so to speak.”

    You know I don’t agree with you. If you look at the data, this was already in play before the virus(so it was inevitable), the virus just accelerated the demographic run.

    “One of my friends asked about Wayne”

    This where you want to buy. Will make a killing. They are already asking about it, and already understanding you get a lot for your money. 1 + 1= 2. I don’t have to say anything else, you get it.

    “These people are very used to spending very high amounts of income on either rent or property. They are used to spending 20-30k a year on preschool and would likely need private school going forward if they remained in the city.”

    Nyc metro area is the wealthiest area of the nation. I don’t think people understand how much money is out there. Can’t even look at the data, it doesn’t show how much money is being made off the books in the nyc economy. That’s why I can’t help but laugh when 3b makes wild claims of NYC dying. Sure…

  80. Fast Eddie says:

    Shares jumped $5 and then another $40. Someone is making a lot money on this.

    G0d bless them! Other than having good health, what’s more satisfying than making money?

  81. HEHEHE says:

    Commisar Murphy has put NJ reopening on pause.

    Apparently there are 400 new Covid positive cases the past couple of days and it scared him.

    The great social engineering experiment continues. :)

  82. No One says:

    SmallGovt,
    Is that pedestrian bridge the one that allows the Immaculata students walk to the Bridgewater Mall? There might be a few walking across for lunch or after school. Doesn’t mean it was worth the expense. People don’t normally walk around there.

    How do you like Bridgewater’s new mayor?

  83. The Great Pumpkin says:

    Everything you stated here is wrong. If I thought WFH was going to destroy nyc economy and real estate, I would liquidate right now, but I’m not, why?

    Grandma…lmao.

    3b says:
    July 29, 2020 at 2:30 pm
    Pumps: Man up and admit, you hate WFH, because you are worried it will negatively impact your property value. So thousands of people whose lives will be positively impacted by WFH must return to the office to ensure your house value. Meanwhile, you will have your summers off, and home at 3:00, and all the other days you get off.

    As for making money you took your Grandma s house , so yeah you got me there, I didn’t have anyone to give me a house. I made all of my money myself, I earned and invested. You are so good at making money, yet you became a teacher, and married someone who makes a lot more than you. No. I don’t think so.

  84. The Great Pumpkin says:

    Not everyone hates working or their quality of life in this area. Some women are driven, like my wife, and don’t want to sit home.

    I swear, you take living in this area for granted. It offers so much, that’s why the population is so dense. The grass isn’t greener because the property and property taxes are cheaper. Stop obsessing with it. There’s more to the picture.

    “Today two incomes for the same house and a crappy quality of life with both having to work.”

  85. No One says:

    I suspect these post-high school graduation parties are to blame. Sounds like a bunch of kids cramming into beach houses or local houses. They won’t get very sick, but might spread it to parents and grandparents.
    I can’t wait for my daughter to head to school in NC, where she can hang out with other students.

  86. The Great Pumpkin says:

    Dude, have you payed attention to national real estate the last 10
    Years? There is no magical place that offers the same quality of life at a much cheaper price. It doesn’t exist. While our real state was mostly stagnant, theirs blew up. Now it’s time for them to take a breather and for us to go up. You really expect real estate prices to remain stagnant for 2 decades or more? You are telling me 2030 prices will be cheaper than 2010?

    “200 to 250k is probably the average for most two income families in this area, but it gets eaten up by over priced housing and outrageous property taxes and tolls and fees and all the rest, and more to come as you say.”

  87. 3b says:

    Pumps: yet again your reading comprehension skills are lacking! Did you read the post? I said women or men for that matter, who want to work vs have to work. There was no mention of your wife.

  88. 3b says:

    Pumps: Yes, its more than likely house prices will be lower in 2030. As for WFH , you would be liquidate, what does that mean? You hate WFH because it may negatively impact your house value.

  89. 3b says:

    Bystander: Good one. I would not be surprised if pumps and homebuyer are one in the same. I mean he has done it before.

  90. SmallGovConservative says:

    No One says:
    July 29, 2020 at 2:35 pm

    “Is that pedestrian bridge the one…”

    No, that bridge spans route 22 and probably is used by high school students. There’s a nearby pedestrian bridge that spans 206 with no formal entrance on either side; several hundred yards from a gas station on northbound side and several hundred yards from state police building on southbound. Literally, never used.

    As for new mayor, too early to tell, but this is exactly the kind of fiscal response to Covid that I like to see…

    “Bridgewater, NJ – Today, June 15th, Mayor Matthew Moench and the Township Administration will present… the 2020 Municipal Budget. The Administration has worked closely with the Bridgewater Township Council Finance Committee… to address the $2.1 million revenue shortfall directly related to COVID-19 without overburdening residents… To that end, the Administration will present a budget proposal that decreases municipal spending by $1.5 million from 2019…”

    https://www.insidernj.com/press-release/bridgewater-introduce-municipal-budget-tonights-council-meeting/

  91. TruthIsTheEnemy says:

    You believed in the Russia hoax for 3+ years and now you think antifa is made up. Wow you are the Orwellian model citizen.

    And what about the violent confrontations between leftist groups and groups from the right? Are they staged too? The bricks and 2x4s bouncing off peoples heard are just for show?

  92. Phoenix says:

    Pumps doesn’t care about the tax increase, it guarantees future money in his pocket.
    After all, it’s going to employees like him who have unions and are sitting pretty.

    F You, Pay Me.
    Signed, Pumps.

  93. 3b says:

    Truth: The left can do no wrong. That is the mindset.

  94. Phoenix says:

    If there is such a thing as an “antifa,” America made it with it’s greed.

    Man up, grow a pair, and deal with it.

  95. 3b says:

    Phoenix: eventually NJ will have to come after the public sector, as there won’t be enough from the private sector.

  96. Phoenix says:

    “Sounds like a bunch of kids cramming into beach houses or local houses. They won’t get very sick, but might spread it to parents and grandparents.”

    Kids act and are a product of the surroundings they are in that the older generations created.
    They are a reflection of the adults that they have been exposed to and have to deal with the problems the adults created, then these same adults call them stupid “glass touchers.”

    They learned from you and your peers.
    Man up, grow a pair, and deal with them, or they will deal with you.

  97. Phoenix says:

    “Phoenix: eventually NJ will have to come after the public sector, as there won’t be enough from the private sector.”

    TPTB aka the legal system of NJ will ensure that they will seize the first block on the bottom of your foundation the day you don’t pay up.
    You have real estate in NJ, they will find a way to seize it.
    Hospitals slap liens on individuals every day.
    Make sure you have insurance before you receive your Covid bill, it might be a real doozy and if you survive you won’t have a home to wheeze in.

  98. SmallGovConservative says:

    Phoenix says:
    July 29, 2020 at 3:09 pm
    If there is such a thing as an “antifa,” America made it with it’s greed.

    2016 rankings (% of GDP donated to Nonprofit organizations by individuals)
    1 United States 1.44
    2 New Zealand 0.79
    3 Canada 0.77
    4 United Kingdom 0.54
    5 South Korea 0.50

    Where’s the greed?
    6 Singapore 0.39

  99. Blue Ribbon Teacher says:

    In the dumbest move of the day:

    https://www.nj.com/monmouth/2020/07/nj-just-reversed-the-yields-on-2-major-traffic-circles-along-jersey-shore.html

    I lived in Wall for 8 years. This makes absolutely no sense whatsoever and it’s going to cause major accidents.

  100. ExEssex says:

    Surprised no one mentioned Trumps
    run up of the National debt.

  101. Phoenix says:

    “Where’s the greed?”
    Ahh, the wonderful donation gig.
    I remember a time when I was a younger lad and needed to get a small loan.
    There was a company who was willing to do this at just a “tad” under the rate of a Newark loan shark.
    Nope, not doing that, made adjustments, loan no longer necessary.
    Later I walked into a hospital and saw the name of a benefactor who donated tons of money to the hospital to look like a “hero” and benefactor.

    All I think about when I see that name there is disgust.

    Same thing when I get my blue screen of death on a software package I paid top dollar for, but instead of making a quality product he donates and becomes a “hero.”

    Personally I’ve had enough of the “heroes” of America.

  102. Phoenix says:

    “Surprised no one mentioned Trumps
    run up of the National debt.”

    Pumps did, he said leave it to the future generations to pay. These are the kids he is taking the money from their parent’s pockets.

  103. AP says:

    No One, @2:40 kids home from college partying like crazy as well, I hear. What social distancing? BAU

  104. 3b says:

    Phoenix: if the 10 billion bonding deal is ok by the courts, then they have already started with the property tax surcharge. NJ first in the nation!! But hey we are so sophisticated and better than everyone else,and we bleed wealth and don’t mind paying.

  105. Juice Box says:

    Portland Antifa= useful idiots

    Portland is the whitest big city in America, they suffer from allot of guilt as their ancestors were pretty damm racist. That would be their parents, grandparents and great grandparents etc who founded the place and legally excluded black residents.

    Send them money, as they will need it with 96 days of protesting to go until the election. Look here is a good cause their bail fund it’s up to 1.2 million and growing.

    https://www.gofundme.com/f/pdx-protest-bail-fund

  106. Phoenix says:

    “But hey we are so sophisticated and better than everyone else,and we bleed wealth and don’t mind paying.”

    The courts don’t care about you. The courts are part of the same system you are fighting against.
    It’s about them, not you. F You, Pay Us. And if you don’t we will come against you legally.
    And if you fight us, you are antifa.

  107. Juice Box says:

    Who can blame the kids really? They do know they won’t die as nobody in their age groups of has. That old fogey governor is messing with their mating rituals….We have 65 new cases in my town in the last week mostly teenagers. You think they got Covid-19 from just attending one party? More like the horizontal mambo, just like how every other communicable disease spreads so fast.. I remember the great crabs outbreak in my high school, there were only a few carriers but by the end of summer everybody was scratching down there….

  108. Phoenix says:

    America is full of Karens.
    The same Karens that believe in individual rights, for instance, not having to wear a mask, or complaining about the amount of cheese on her nachos. These are her individual rights as an American.

    However, she is the first to call the authorities on your individual rights to allow your grass to grow a bit higher, or to park a boat in your driveway on a property you own and you pay taxes on, as you are no longer an “individual” to her, you are part of a community, and your boat is “annoying” her even though it is on property you own.

    Individual is such an interesting concept.

    Enjoy Karen asking for more cheese. The laugh is infective.
    https://www.youtube.com/watch?v=o_QGVp4KGhI

  109. 3b says:

    Phoenix: I have to say I feel sorry for that Karen, she embarrassed herself, and I assume she has issues with her weight. Sad and pathetic. I do wonder why all the Karen’s are White.

  110. 3b says:

    Phoenix: Older Americans having out of marriage sex perhaps?

  111. Phoenixs says:

    3b Nursing home sex.

    Beats playing checkers…

  112. Phoenix says:

    “the increase among older Americans was larger than for the rest of the population.”

    Guess we know who is really doing the “horizontal mambo” unprotected…

    At least if we defund Plan ned Parent Hood these victims can get access to STD medications, Via Gra, implants for broken members, and heart medications free through Medi Kare..

  113. ExEssex says:

    Fat bitchez are gross.
    Nasty Fupa.

  114. 3b says:

    Phoenix: Figured that, but said 45 and older, so not just nursing home residents.

  115. No One says:

    This video reminds me of when Pumpkin has his sock-puppets joining us on the board.
    https://www.youtube.com/watch?v=GX4CU0VEgUE

  116. ExEssex says:

    President Donald Trump celebrated the Department of Housing and Urban Development’s rollback of an Obama-era fair-housing rule by saying that Americans living in a suburban “dream” would “no longer be bothered” by having families with lower incomes in their neighborhoods.

    Last Thursday, Ben Carson, the secretary of housing and urban development, said he would rescind the 2015 Affirmatively Furthering Fair Housing regulation. The rule required state and local communities seeking federal housing funding to collect extensive data on demographics and living conditions and, importantly, to show that they were not perpetuating racial discrimination.

    “I am happy to inform all of the people living their Suburban Lifestyle Dream that you will no longer be bothered or financially hurt by having low income housing built in your neighborhood,” Trump tweeted on Wednesday. “Your housing prices will go up based on the market, and crime will go down. I have rescinded the Obama-Biden AFFH Rule. Enjoy!”

  117. Fabius Maximus says:

    Yes Truth, I do believe that Donnies is compromised. As I have always maintained, I dont care if the GOP initiated the Steele Dossier, or if Hillarys lawyers paid for it. I care if the contents are true. Most of it has been proved true.

    https://www.dailykos.com/stories/2019/5/19/1857878/-Just-how-much-is-confirmed-from-the-Christopher-Steele-dossier

    If the Right march will the left protest absolutely. Will there be 2x4s brandished, again probably. Did the right ever hide in left protests before. No. That’s what’s changed.

  118. Bystander says:

    No one,

    Hah, all the friends are gathered around, Michael, TheGreatPumpkin, DeadEconomy, HomeBuyer123..he forgets that his DeadEconomy personality gave up the roaring 20s prediction. I then claimed it..man, I am smart.

  119. The Great Pumpkin says:

    Hate on the Pumps all you want, I made some incredible calls that almost nobody else made. I took a verbal beating for the calls, but I stuck to my guns. Give a little respect that’s all I can to the haters.

    Also, stop with this nonsense with handles, it’s seriously not me.

  120. AP says:

    Did you guys used to watch that show Girls? It was really good. Adam Driver took a nothing role and built an empire with it.

  121. AP says:

    Star Ledger editorial board says towns must adopt shared services:

    https://www.nj.com/opinion/2020/07/in-tight-times-towns-must-embrace-shared-services-editorial.html

    Why does anyone even have to say this?

  122. Bystander says:

    No One,

    While she is not my thing, Lena is highly talented which gives her at least one attractive quality. Same thing goes for Brittany Howard. She does not do a thing from a beauty perspective but what a talent..and talent can be seen as sexy. Someone like Lizzo..wtf. Not too talented and a load

    https://www.youtube.com/watch?v=t3Lu1WbImPE

    Also, did I just catch this now? Where McLovin at?

    “These revenues are not going to be recouped,” said Michael Cerra,

  123. Juice Box says:

    AP – my brother was the director of shared services for on NJ County last time there was a push for it. They could not even get the towns to share a snow shovel in July.

    Unless the legislature enacts a law it will never happen, and after the latest shenanigans of the 10 Billion in bonding for current payroll and other taxes they have up there sleeves it will be a cold day in hell before it happens.

  124. AP says:

    Juice, the editorial mention “police consolidation” and I wonder if that couldn’t save the taxpayer a ton of dough. But the editorial calls it a “third rail” that Sweeney won’t touch.

  125. No One says:

    I only watched “Girls” for about 10 minutes by accident while channel surfing. It happened to be some moment when grungy slacker boyfriend Adam Driver wanted to do @nal with his skanky girlfriend Lena Dunham. Followed by tears from her after he plowed her rear and took off quick.

    This was pretty much the ugliest, most anti-romantic segment I’ve ever seen on TV, and has driven my aversion to both actors ever since. I never saw that show again.

  126. AP says:

    A lot of the ugly was they protested was part of the point. They were showing lost kids trying to find their way. It was very raw and also funny and smart.

  127. AP says:

    Portrayed… Typo again

  128. ExEssex says:

    4:57 Yeeeeesh. Lots of careers sprang from that one there.
    Pure Brooklyn. OOooooof. One reason I went in another direction.
    I’m hetero.

  129. 3b says:

    And Lurks Mc Gee!!

  130. Phoenix says:

    “Later I walked into a hospital and saw the name of a benefactor who donated tons of money to the hospital to look like a “hero” and benefactor.”

    Never put this in my post, but the “benefactor” was the owner of the loan company.

    Can anyone guess the name of the “benefactor?”

  131. 3b says:

    AP: Shared services/consolidation will never happen unless like Juice says the legislature passes a law accordingly. Too many Karen’s will go batshit crazy!!

  132. AP says:

    Phoenix, regarding your statement about heroes. Hero worship is not very close to a republic. Washington refused to idolized as much as possible, as I understand.

  133. AP says:

    In a republic we are pros, doing professional work to make money and take care of our families and each other.

  134. relo says:

    Phoenix 7:10 – Does it begin with an S?

  135. Phoenix says:

    AP

    “In a republic we are pros, doing professional work to make money and take care of our families and each other.”

    Haaahahaaaaa. Yeah, right. Every day people who are paid to do a job are posted, tagged, or put on the nightly news for being heroes.
    All you need to do to be a hero is to break a car window legally to rescue a dog that is inside, something that anyone of us could do if it were not illegal so we don’t get to be heroes and get our names/pictures in the paper as heroes vs attempted dog theives.

  136. Phoenix says:

    relo.
    No, not the company nor the individual…

    ________ turned the recession to his advantage, his son said, by lending money to people who were good credit risks and simply could not obtain loans from overly cautious banks.

    Oh, he wanted to lend money all right!!!

  137. Phoenix says:

    “Too many Karen’s will go batshit crazy!!”

    Check your local Facebook posts, they sound like cats fighting during a full moon.

    Then by morning waving at each other with that fake smile at the bus stop…

  138. Phoenix says:

    Karens are antifa….

    Yes you heard it from me first.

  139. Fabius Maximus says:

    I dont go anywhere near TikTok.

    Here is a nice primer on what Antifa actually is and what it represents.
    https://www.snopes.com/news/2020/06/09/what-or-who-is-antifa/

  140. JCer says:

    Bystander, i’m not sure I see Lena Dunham’s talent, she is gross, even beyond the way she looks! Brittany Howard is certainly talented and not physically attractive. I actually think Lizzo is talented but is vulgar and gross to look at, women needs to put some clothes on. Seriously I have no problem with people looking different having some extra weight whatever, I’m carrying a few extra pound but you don’t see me walking around shirtless. Any women with a body like Dunham’s or Lizzo’s for that matter should exercise some decorum, I’m sure some folks are into it but most of us aren’t.

    So Bystander most of my peer group is in technology at a management level. Most are managing developers where salaries start at 120K+ for their direct reports, most of these people have a base salary of over 200k for one income and the wife usually is bringing in at minimum 100k, household gross income is at least 300k for most city dwelling couples we know and for many it’s 500k or 600k. How else do they afford 1-2m apartments a nanny and private preschool for 2 kids, even if they are renting it’s 5k a month for a big apartment. My friend I’m talking about sold his 2 bedroom in JC, works for a bank, went from BOA as a VP, to JPM as a VP, now to a different bank getting another 20% increase, his base was 175K+ bonus at JPM, current employer offered 200+ plus bonus, his wife is an accountant her base is over 100k plus bonus, he owns a few investment properties in jersey city as well, owns his condo in JC outright, will get at least 3/4 million for it after expenses. He’ll spend a million without a mortgage, he’s 45 years old and has a 2 yr old and a 4 yr old, his wife is 36. There are more people like this than you think, both are immigrants, very shrewd. Lots of money and they are keeping it, no wasteful spending, he puts every nickel to work. He’s not doing Wayne fyi, a million bucks on a house in Wayne isn’t a good investment, I’m sorry pumps. He also gave up on Millburn/Short Hills, decided Livingston was his best bet, for a million in Short Hills or Millburn is a shed.

    It’s funny my Albanian roofing contractor commented to me that he was working on a house like a mile from my house in Short Hills and what was the servants quarters and the garage on my house was bigger and nicer the entire house his customer just paid 1.2m for in Short Hills. I told him you don’t get much for your money over there and when you buy a place with a tree on the roof and termites you can get a better deal!

    Knowing my friend he’ll mortgage it at like 2.5% and invest the 800k. This is why the rich get richer, meanwhile this is a guy came here without a nickel to his name on an H1B visa and married another immigrant who won the green card lottery. It does show for all our complaining the american dream is still alive.

  141. The Great Pumpkin says:

    Wayne was never going to be for your friend. There is a part of this market that will look at Wayne as a complete value and drive it up. Good schools? Check. Safe? Check. Different socioeconomic demographic groups (meaning not “all rich” and snotty which some people crave). Easy access to nyc esp with route 3/46 interchange being upgraded and fixed. Plenty of local shopping options and restaurants. Check. Just a nice town in general within commuting distance to nyc.

  142. The Great Pumpkin says:

    I make 330k a year…Franklin lakes is too much for me. I’ll feel uncomfortable, knowing I’m the fish in this shark tank.

    Wayne, I’m closer to being one of the sharks. No one is ever going to pick on my daughter based on wealth. Those upper towns, they will. I’m happy in Wayne. I know my place at the card table as well as life.

    If you are looking in short hills/Franklin makes…you are a 1%er. I’m 1% er for my age demographic, but nowhere near when all ages are factored in.

  143. ExEssex says:

    I like America and agree that there are some great all-American towns in NJ!
    I’d be lying if I said I didn’t miss it. But today, spur of the moment top down lunch in Malibu with a great teenager. Damn it’s good to be a Murican’

  144. The Great Pumpkin says:

    Tired of following depressing news stories? Social media got you down? I feel you. And, I’ve got a solution.

    My plan is to be the ANTI-fear mongering newsletter and blogger for the rest of the year. I’m only going to focus on the positives!

    You can call me delusional. That’s fine. Watch the news all day if you wish. But I don’t have time to focus on the negatives when there is also so much good happening.

    Today, I want to share with you the most positive chart I’ve seen this year. The chart shows the Federal Reserve’s Emergency Measure Assets capacity and how much of it has been spent so far.

    Image
    Bottom line: The Fed’s capacity to support the economy is MASSIVE.

    Despite all the doom and gloom we’ve seen on the news, we haven’t come close to exhausting the Fed’s resources. Therefore, feel more confident that the worst is behind us. The Fed has got our backs.

    I’ll be writing a more detailed post regarding this chart soon. I just wanted to highlight this chart to loyal FS newsletter subscribers immediately.

    Thoughts On Big City Living

    One of the things I like to do is think in opposites. This practice can help you discover more opportunities. It’s easy to follow the herd because it’s more comforting. However, you can sometimes run off an unforeseen cliff given there are so many people in front of you.

    For example, a sustained demographic exodus from bigger cities could make way for more job opportunities and business opportunities for those who’ve been shut out. It’s hyper-competition all the time in the bigger cities. How nice it would be for a new crop of people to be given a chance at great fortune.

    There could also be more real estate investment opportunities in bigger cities. I first started talking about investing in the heartland of America in the beginning of 2017, when all the rage was big city living. Cap rates were so low in big cities compared to smaller cities, the investment opportunity in the heartland looked attractive. Now all the rage is living in the lowest-cost area possible.

    One of my biggest regrets was not going all-in on this 2/2, double balcony condo facing Madison Square Park and the Chrysler Building in Manhattan back in 2000. At the time, the asking price was $729,000. I’m sure it appreciated to $2,500,000 at one point. But now… maybe I’ve got another chance.

    One of the biggest complaints people have about living in a big city is the congestion. However, if you could have more of the city to yourself, wouldn’t you enjoy the city even more? Less traffic, less waiting in line, less noise, more privacy etc. I would pay up for a less crowded city, not less.

    What if there’s a scenario where there is a vaccine that comes sooner than expected. What if the virus suddenly goes away. Or maybe we collectively decide we’re just going to live with the virus and get on with life.

    I can envision a mad rush back to big city living. If so, real estate prices will strengthen and the job market will tighten once again. The snap back could be tremendous. If you are positioned ahead of the potential rush, you’ll be sitting pretty.

    Think in opposites. Even if most people will think you’re nuts.

  145. Phoenix says:

    “Knowing my friend he’ll mortgage it at like 2.5% and invest the 800k. This is why the rich get richer, meanwhile this is a guy came here without a nickel to his name on an H1B visa and married another immigrant who won the green card lottery. It does show for all our complaining the american dream is still alive.”

    Until she asks for a divorce. But hey, even after giving her more than half he will still be doing just fine.

    I mean, look at Jeff Bezos. Even after losing a fortune life is not so bad for him..

  146. Blue Ribbon Teacher says:

    I’ve been in a dozen houses in Short Hills tutoring. Those places are all run down pieces of trash. You are paying for the privilege of getting your kid in a top notch school system so they can get their butts kicked academically and place 50th in the class. It ain’t worth it.

  147. Chi in the PRI says:

    I placed probably 35-40th in my class of 187, and I crushed it. It was worth it. Colleges know the story. We were over 30% ivy + MIT + Stanford + Chicago. No shame.

  148. Chi in the PRI says:

    Puts every nickel to work? We can leave it there. Sometimes it is not about the ledger, but rather smelling the roses. I say that from experience. You can’t fix a cheap selfish fcuking no matter how much they bank. Of course he married younger and a foreign national. Normal people wouldn’t tolerate that sh!t.

    JCer says:
    July 29, 2020 at 9:03 pm
    So Bystander most of my peer group is in technology at a management level. Most are managing developers where salaries start at 120K+ for their direct reports, most of these people have a base salary of over 200k for one income and the wife usually is bringing in at minimum 100k, household gross income is at least 300k for most city dwelling couples we know and for many it’s 500k or 600k. How else do they afford 1-2m apartments a nanny and private preschool for 2 kids, even if they are renting it’s 5k a month for a big apartment. My friend I’m talking about sold his 2 bedroom in JC, works for a bank, went from BOA as a VP, to JPM as a VP, now to a different bank getting another 20% increase, his base was 175K+ bonus at JPM, current employer offered 200+ plus bonus, his wife is an accountant her base is over 100k plus bonus, he owns a few investment properties in jersey city as well, owns his condo in JC outright, will get at least 3/4 million for it after expenses. He’ll spend a million without a mortgage, he’s 45 years old and has a 2 yr old and a 4 yr old, his wife is 36. There are more people like this than you think, both are immigrants, very shrewd. Lots of money and they are keeping it, no wasteful spending, he puts every nickel to work. He’s not doing Wayne fyi, a million bucks on a house in Wayne isn’t a good investment, I’m sorry pumps. He also gave up on Millburn/Short Hills, decided Livingston was his best bet, for a million in Short Hills or Millburn is a shed.

  149. joyce says:

    Me neither, Twitter is where I get my journalism.

    Fabius Maximus says:
    July 29, 2020 at 8:49 pm
    I dont go anywhere near TikTok.

    Here is a nice primer on what Antifa actually is and what it represents.
    https://www.snopes.com/news/2020/06/09/what-or-who-is-antifa/

  150. joyce says:

    JCer,
    What percentage of NJ do you think your peer group is representative of?

  151. zapaza19 says:

    Hey Chi,
    Your buddy in JC is doing great. He’ll be laid off at age 60 with no job in sight. And will have to foot a bill of about $100k per year for each of the college age students at that time.

    Great thinking.

    I have a long time friend who had kids later in life. He’s now 65 and just starting to send his oldest to college. Can’t move out from his shthole split in Edison that he bought out from his parents.

    BTW, he worked his last about 2 years ago. Watching his retirement just drain away…

  152. JCer says:

    chi, the guy is from a 3rd world country. By the standard he grew up in he is living large and spending tons of money. I’m saying it in a good way, if he were an american he’d blow all his money on the house in short hills to make his wife happy and it would cost at least 1.5m. Point is the immigrant instead of buying a big house and mortgaging himself to the gilt will buy less house and take the money and probably buy an investment property or maybe stick it in the market. Knowing his wife she will let him make the decision but will eventually get her way. It’s a strange dynamic she lets him think he is in charge but somehow on big life choices she seems to have gotten what she wanted. This guy who never wanted to get married… got married, never wanted kids…had 2 kids, and never wanted to move to suburbia is now moving to suburbia. I suspect within 5 years they’ll move again and she’ll get the house she really wanted. Really was only bring up the point of who your buyers are during the COVID craziness, this guy is cheap. Imagine those who aren’t and have a good job and own real estate either in the city or JC/Hob. They have over 1m to spend just based on the inflated condo prices, this is what is driving the craziness.

    Chi, you’ve never met my wife, I’m cheap, maybe not Stu cheap but cheap. My wife is like a squirrel saving up for an acorn apocalypse, she was the person maxing out their IRA when they were 11. Then again her father makes Stu look like a spendthrift. So no it’s not just immigrants.

    BRT the schools are big part of it, the houses are cr@p. My house in Short Hills would be at least 3m, I live a mile away. The problem is 50th in short hills you are privileged, big miscalculation no ivy league for you!

  153. Phoenix says:

    “to make his wife happy”

    Uggh.

  154. Phoenix says:

    I’m not one to usually post a song like some others, but tonight I will make an exception.

    https://www.youtube.com/watch?v=6EqFVWzOfN8

  155. JCer says:

    Joyce, Jersey isn’t a great representation it is mostly greater NYC people(Manhattan, Hob, JC, Brooklyn, LIC). Not suburbanites, even in NYC you have a lot of computer nerds making bank, not as many as 10 years ago but the industry is diversifying more. A decade or more ago Investment Banks were making big technology investments you had a lot of huge multi-million dollar projects going, the 2006-07 financial crisis really knocked it down a peg. 200k developers were very common and banks would hire away really top technologists for 300-400k total comp, that has largely ended, those jobs have become very rare in our market you need to go to CA to get that pay. Tech companies depending on the level of maturity(startups give stock and less pay, I know more folks burned by that than those who made a killing) will pay 120k to an entry level developer, 150k for an experienced one and 200k for a manager/lead. A lot of the folks I used to work with in Investment banking moved on to Google, Amazon, and other tech firms. It’s hard for me to say but among people in the industry salaries for people I’m friendly with are anywhere from 150k-300k, with the median being 200k. The H1B people tend to get around 100k in the banks there is a huge army of these people hence Edison and even JSQ in JC. I don’t want to make pumps happy but there are a lot of wealthy people in NJ the majority of wealthy towns are high income, in NJ to make the top 5% your household income needs to be approximately 300k, to be top 1% it’s approximately 590k.

    Zapaza19, 60, if you make it that long most are getting shown the door in their 50’s, no future in tech for older folks, experience is considered a liability. My wife’s boss was a GS for 25 years, they showed him the door at 52, he was on the MD track for a while. His friend was an MD at GS and he washed out at about the same age became my bosses boss for about 6 months before being forced out at the firm I work for, last I heard working as a consultant. I work with a guy was on the MD track at MS early 50’s had 40 people reporting to him, laid off been working as a consultant for the last 5 years(guy is too expensive to get full-time work, he had offers but would have needed to take a big pay cut). The banks have gotten tough if you get on the MD track or are an MD you are expensive and it is becoming up or out banks don’t want to maintain these people(what have you done for me today?). These people are piecing together a decent living but there is zero job security. My expectation is I’ll make it to 55(~15 years from now) kids will be in college and maybe I can eke out another few years as a consultant, house is almost entirely paid off as is the investment property, approximately half way to savings goal. Kids will go to college and then the house goes.

    If my wife makes MD, I’ll retire, my wife’s old MD lives around the corner and that’s what her husband does. This is why it will never happen.

  156. homeboken says:

    Bless you gents in the tech fields, I could never feel comfortable working there. It seems that sector in particular is Always the first one to take cuts or be slated for off shoeing. Granted -after some period of time forms realize the folly of that off shoeing decision but it must be a very volatile work life style.

  157. homeboken says:

    Shoeing – Shoring. Whatever…

  158. AP says:

    homeboken, there are certain mechanisms you can deploy to extend your lifeline, for example in early career having rare and valuable skills and certifications buys you your first 10 years of career.

    Then conference speaking, management experience, “thought leadership”, and other things like that can start distinguishing you from the pack, and buy you another 10 years, and now you are making big boy money.

    But then, as JCer put so well, you can’t count on the train getting all the way to the station. Better have put some money on the side. Having paid down most or all of your mortgage is somewhat of a security blanket. Somewhat.

  159. AP says:

    Regarding the antifa vs n@zis in the NW debate between Fab and Truth, as a neutral observer, I’m inclined to call this round for …Fab.

    He presented more evidence from better sources. What do you guys think?

  160. Chi in the PRI says:

    Fab is heavily rhetorical, and seems to have endless patience to mine the Internet for slanted sources that support his soc!alist agenda. It is tedious interacting with him, because the investment in time to refute the bile he spews is wasted because (1) he is invited to dig up more rhetoric, and (2) he often doesn’t directly respond to a well developed refutation. Instead, he answers his own questions. Hence my allegation that he is intellectually dishonest.

    He is the worst kind of troll. More that annoying; an actual time wasting trap.

  161. Chi in the PRI says:

    Nice seeing Antifa graffiti up here.

    Actual spray painting on the Cornell campus. The tradition is to chalk.

    Ghost town up the hill. Kind of insane.

    “Cornell is looters” spray painted above the Cascadilla Gorge.

    How inspired.

  162. AP says:

    Chi, that’s a depressing sight. Oh man.

  163. TruthIsTheEnemy says:

    Lol. Ok bud. You are impartial. Or perhaps you only follow the media channels that also deny the existence of antifa.

    Interesting back story and the Andy Ngo attack. He was attacked for supposedly this tweet where he was accused of outing “doxxing” the chick who gets KO’d.

    https://mobile.twitter.com/mrandyngo/status/1124185762876911616?lang=en

    If you follow other stories of the intolerant left, you would recall that the “google manifesto” engineer James Damore was supposed to speak at a school “evergreen state” and it was disrupted when a radical destroyed the PA system.

    The person arrested for that vandalism is the same chick who gets KO’d. Her reputation was quite well known as a crazy by the time ngo outed her. Of course the doxxing line is bullshlt, Antifa attacked him because they don’t want any publicity period. Its intimidation, hear no evil, see no evil.

    This was all detailed on the Rogan podcast. But I suppose AP will think the radical smashing the PA system and getting KO’d is some type of plant put into motion years back. It’s absurd.

  164. TruthIsTheEnemy says:

    Oh and evergreen state is a great Case study of what the left would like to do to destroy our countries education system and further the shift to indoctrination mills. No freedom of expression or speech, diversity of viewpoints, no standards of any kind in the name of equity and inclusion. All achieved through intimidation.

    Luckily enrollment has dropped substantially and hopefully with any luck the POS folds.

  165. Hate to win? says:

    I guess if you you don’t feel you have enough substance to offer in order to win an election you can resort to hate. Pathetic.

    https://heathercoxrichardson.substack.com/p/july-29-2020

    July 29, 2020
    Heather Cox Richardson

    Today, America passed 150,000 deaths from the disease caused by the novel coronavirus, Covid-19.

    America has suffered more than a fifth of the world’s recorded deaths. At TalkingPointsMemo, Josh Marshall likened the U.S. to an abuse victim, its citizens unable to see just how badly we are suffering from the virus because we have come to think “catastrophe feels normal without grasping that in most other countries with a similar set of tools to the United States things really are close to normal.”

    Scholars at the Johns Hopkins University Center for Health Security warned that the U.S. “is not currently on course to get control of this epidemic…. It is time to reset.” They call for testing, stay at home orders in places where the disease is spreading, and the mandatory use of masks. The Association of American Medical Colleges warns that if we do not take such steps, deaths could soar “well into the multiple hundreds of thousands.”

    And yet, various Republican leaders continue to resist wearing a mask. Today, Representative Louie Gohmert (R-TX) tested positive for the coronavirus before a flight he was scheduled to take with the president. He assembled his staff members, who are forbidden from wearing a mask, in person, to tell them he had tested positive. He returned to his office at the Capitol, where he lives rather than having accommodations in Washington, D.C., prompting a colleague to demand he find somewhere else to quarantine.

    Gohmert was present at yesterday’s House Judiciary Committee meeting, where Chair Jerrold Nadler (D-NY) reprimanded a number of other Republicans for taking off their masks. After Gohmert tested positive, House Speaker Nancy Pelosi mandated mask wearing in the House chamber, but a number of Republicans ignored the order.

    Against the backdrop of this health catastrophe, the president is running a reelection campaign openly based on racism. This morning, he tweeted “I am happy to inform all the people living their Suburban Lifestyle Dream that you will no longer be bothered or financially hurt by having low income housing built in your neighborhood…. Your housing prices will go up based on the market, and crime will go down. I have rescinded the Obama-Biden AFFH Rule. Enjoy!” This is no longer even coded racial language: the 2015 Affirmatively Furthering Fair Housing rule (AFFH) was explicitly intended to end racial segregation in housing.

    Other members of the Republican Party are following Trump’s lead on race, manipulating the images of their Democratic opponents to make them look more stereotypically racialized. Yesterday, Georgia Republican Senator David Perdue had to pull a Facebook advertisement that featured his Jewish opponent, Democrat Ossoff, with a digitally altered face. Tapping into old anti-Semitic tropes, the ad lengthened and widened Ossoff’s nose in an image of him shown over the caption “DEMOCRATS ARE TRYING TO BUY GEORGIA.” Perdue’s campaign spokesman called the ad “an unfortunate and inadvertent error” and blamed it on “an outside vendor.”

    Senator Lindsey Graham (R-SC), who is facing an unexpectedly strong challenge from Democrat Jaime Harrison, is doing something similar, running a Facebook ad in which Harrison’s face has been digitally altered to make his skin appear darker than it is (Harrison is Black). When called on the manipulation, Graham’s campaign accused Harrison of “manufacturing a fake controversy to inject race into this campaign at a time of great turbulence in our country.” Like the Nazi-themed ads from the Trump campaign, the backlash against such an ad provides free news coverage for the Graham campaign. Graham is the chair of the Senate Judiciary Committee, in charge of overseeing the appointments of America’s judges.

    But for all that Trump seems eager to win reelection, he appears to have little interest in governing. Emergency federal unemployment benefits of $600 a week, designed to help people tossed out of work as the pandemic closed businesses, are running out just as a moratorium on evictions ends. Currently, 31.8 million U.S. workers are collecting those unemployment benefits. The country is on the edge of a catastrophe, but Republican leaders in the Senate have been unable to agree to a new package of aid even amongst themselves, let alone with Democrats.

    Apparently frustrated that even Republicans did not want to put $1.75 billion into the package to fund the construction of a new FBI headquarters in Washington, D.C., which would keep the site from becoming a hotel that could rival his own, Trump appears to have abandoned the whole process of negotiating a new bill.

    As he left Washington for an event in Texas, Trump told reporters that he wants to “send payments to the people,” but as for “the rest of it, we’re so far apart, we don’t care…. We really don’t care.” White House chief of staff Mark Meadows told reporters that it seems likely the federal unemployment benefits will lapse. “We’re nowhere close to a deal,” he said.

    Instead of focusing on the looming economic crisis, Trump upset members of both parties today when he announced that he would be withdrawing 12,000 troops from Germany. This will remove the troops from a European hub with a sophisticated transportation system that enables them to move quickly, thus countering Russian aggression. Trump claims the removal is retaliation because he says Germany is not paying enough into NATO, but the removal will waste billions of dollars spent recently on upgrading US military installations, and will further weaken NATO, which is a key goal of Russian President Vladimir Putin.

    Both the top Democrat and the top Republican on the House Armed Services Committee criticized the plan, and almost two dozen Republican members of the committee sent an open letter to the president warning that the step will “significantly damage U.S. national security as well as strengthen the position of Russia to our detriment.” They warned that “signs of a weakened U.S. commitment to NATO will encourage further Russian aggression and opportunism.” They urged him to reject the idea.

    Retired Lt. Gen. Mark Hertling, who commanded the US Army in Europe, said he was “sickened by this decision and explanation. It is not tied to any strategic advantage and in fact is counterproductive to showing strength in Europe.” Admiral Jim Stravidis, the former top military commander in Europe and NATO for the US Navy, said “abruptly pulling 12,500 troops out of Germany (to put half of them in countries who spend LESS on defense) doesn’t make sense financially, hurts NATO solidarity overall, and is a gift to Putin.”

    Senator Mitt Romney (R-UT), a former Republican presidential nominee agreed: “The plan outlined by the Administration today to remove thousands of U.S. troops from Germany is a grave error. It is a slap in the face at a friend and ally… and it is a gift to Russia coming at a time when we just have learned of its support for the Taliban and reports of bounties on killing American troops.” Senator Robert Menendez (D-NJ), the top Democrat on the Senate Foreign Relations Committee, said “champagne must be flowing freely this evening at the Kremlin.”

    Trump has spoken at least eight times with Putin since news from U.S. intelligence broke the story that Moscow offered bounties to Taliban-linked fighters to kill U.S. and allied troops in Afghanistan. Trump and Putin spoke most recently on Friday; Trump told reporters they did not discuss the Russian bounty scandal. Indeed, the pattern of Trump’s favoritism to Russia is so marked that CNN today ran a story listing “37 times Trump was soft on Russia.”

    And there is now news of another Russian attack on the U.S.: yesterday U.S. officials said that two people from Russia’s military intelligence service, the GRU, are behind an effort to spread disinformation about the coronavirus pandemic.

    —-

    Notes:

    https://talkingpointsmemo.com/edblog/trapped-with-the-abuser

    https://www.cnn.com/2020/07/29/health/us-coronavirus-wednesday/index.html

    https://www.politico.com/news/2020/07/29/louis-gohmert-who-refused-to-wear-a-mask-tests-positive-for-coronavirus-386076

  166. joyce says:

    Unless I’m missing something, the statistics from census/etc. don’t bear that out.

  167. TruthIsTheEnemy says:

    Huh, ok just checked. Portland state is where she smashed the PA, evergreen state is where the radicals are going for full takeover. Conflated the two. No matter, these lefty schools are all becoming hubs of intolerance.

  168. AP says:

    Hi Truth,

    “But I suppose AP will think the radical smashing the PA system and getting KO’d is some type of plant”

    Nah

    I am fairly neutral in the sense that I am not at all comfortable with the “intolerant left” as you aptly put. Also I deplore violence and property destruction.

  169. Nomad says:

    Suggestions for backup external power for laptops? Our laptops all are sealed units so not battery swap out option. Jackery seems popular. Comments welcome. TY

  170. Bystander says:

    JCer,

    I get your points but I still think there are very few people making that kind of scratch to say ‘no big deal for 1m home and 25k tax bill’. I’ve learned one thing about real estate – it is a PR machine. They catch a trend and they blow it up to historic proportions with articles everywhere. Now, they want you to believe millionaires are showing everywhere to buy your home bc it creates activity. My neighbor claimed that her rich friend rented her house out for almost 40K/month for summer and now sold it. Sorry, no one is renting a 1.5m home for 40k a month. It is 5 miles from a beach. C’mon, that is pure BS but it makes great chatter. NYC does not have that many people with 350K total income to flood surburbs. Everyone sees that 1m apt and says ‘gee they must make 350k’ to afford it’. No, they leveraged up to buy it with 200k total income as they saw it as investment. Foreign buyers flooded NYC and suddenly worth 1.3m. They cash out and have 400k to go home shopping. Nice play but they probably still only make 200k total.

    On career front, you have high income wife like Blumpy but you also work hard (unlike Blumpy) so you have no worries. Vast majority are not in this boat. Let’s not kid ourselves. It is below MD where you are under gun. If you are Director or even VP, believe me, companies are trying to rid of you. Right now, my bank wants sr level AVP severyhwere. I just had a hiring strategy call and the recruiter asked us why were were struggling getting candidates for 6-8 mos. She starts picking apart our job descriptions. Every group was looking for sr. IT level (10 years) to manage a dev group but only offering AD level. She was dumbfounded as to strategy. I guess she did not hear but executive boards are now cheap f&cks who think they should get something for nothing. Our CEO said last year that “we will pay for skills not experience”..wtf is that. You want a leadership to take on insane bureaucracy, managing people and projects but only pay them if they know Kubernates framework…sorry who believes this will work? Most cutting edge techs don’t want bureaucracy. The entire banking IT industry is really screwed up with ‘where they should be’ (Agile, Cloud, AI) vs. reality of ‘where they are’ (nowhere near those things). I have given in that my career is pretty much toast. People older than me, 50s, really smart, worked 25 years in IT, managed big teams..and now out of work or consultant. I look around and see most people starting families 37-40 so how will society adapt to people needed to keep higher incomes for longer than in past. I am paying off mortgage like crazy before I hit 50. Still, it is a big issue that is coming.

  171. Juice Box says:

    Truth is folks with over 60 days of riots since the George Floyd protests began there have been thousands of arrests across the country and we have yet to see a mug shot that isn’t some left wing lunatic.

    Narrative control is important before the election, if the middle starts to get scared their neighborhood will burn who are they going to vote for?

  172. homeboken says:

    AP – I can’t disagree with you more. If you think anyone of the rioters in Portland or the CHAZ/CHOP inhabitants is a Trump supporter, then you are not a serious person at all.

  173. 3b says:

    Bystander: That is one of the issues I wonder about. My kids are grown, but we had our first in my 20s. I won’t get into pros and cons of having them younger or older; there are positives and negatives for both.

    But from a career standpoint, I would be very concerned starting out at 40, with first kid, and then perhaps a second one, and then with a big mortgage. Even in your 40s unless you are senior management, you are vulnerable in corporate America to layoffs. Starting out at 40 with young kids and a big mortgage is not something I would want to do. I know a few couples that started late, and spent a lot of money on travel and restaurants and all. And then did the house and kids all together; they always look exhausted. Others appear fine, but in both cases they need that second income or that’s the end. Starting at 40 with 30 years of a mortgage payment, and college and retirement savings is a lot to try and accomplish. Perhaps that’s why so many people appear stressed and miserable.

  174. Juice Box says:

    re: industry is really screwed up with ‘where they should be’

    I was privy to a conference call recently from a C-Suite exec who was busy selling a cloud software solution as the savior to all of their issues which are mostly mis-management for the last few years leading to low or no profit.

    This C-Suite exec for one of our divisions is trying to save his own as*s with software, along with many other VPs and Directors across our business units. No less that 10 cloud solutions and platforms have come across my desk in the last few weeks and none of these solutions even have any kind of requirements doc or implementation plan and nobody to manage the work and not even services to implement. All are workflow based process improvement platforms that will do zero to improve the top line.

    I have seen this movie before in my career, and Boy oh Boy this summer lull reminds me eerily of summer of 2001.

    My favorite saying is History Rhymes. So what rhymes with recession folks?

    Restructuring…

  175. AP says:

    ” If you think anyone of the rioters in Portland or the CHAZ/CHOP inhabitants is a Trump supporter”

    I was misunderstood, I never said or believe this. There may be infiltrators and provocateurs as always. But I have stated here before and I’ll do it again: the radical left is out of its gourd. There are mentally ill people out there causing trouble. I get that. But I also don’t like n@zis so what’s really going on? Who’s telling the truth?

  176. Phoenix says:

    No, the greedy unions and teachers are, plus the boomers that never balanced the budget along with the Pumpys who just say “charge it.”

    “Oh and evergreen state is a great Case study of what the left would like to do to destroy our countries education system “

  177. Blue Ribbon Teacher says:

    AP, just watch a few videos off Twitter that aren’t 10 second clips and make a decision for yourself . This is a silly argument.

  178. Phoenix says:

    3b,
    Having them when you are younger is absolutely the way to go. Women keep wanting to do this later and later-it’s a bad strategy. It never pays to pull back on the yoke as you approach the end of the runway when you could have taken off much sooner.

  179. The Great Pumpkin says:

    Teachers are greedy? Was your ex a teacher?

    Phoenix says:
    July 30, 2020 at 10:30 am
    No, the greedy unions and teachers are, plus the boomers that never balanced the budget along with the Pumpys who just say “charge it.”

  180. Phoenix says:

    Nope.

  181. The Great Pumpkin says:

    From what you guys say, IT and banking blow. Don’t act like all fields throw you away at 50. I know plenty of people in their 60’s and 70’s making big bucks.

    You guys can act like the sky is falling in terms of compensation, yet the income data is still going up. When in the last 10 years, did wages decrease negatively?

    If wages are going down over the last 10 years, why hasn’t real estate gone down? Who is supporting these prices?

  182. AP says:

    I remember a classic JJ line from circa 2009 or so:

    “In NNJ 400k is garbageman money” or something to that effect. That stuck with me for some reason.

  183. AP says:

    If you have kids too early then that could potentially put a slow down on the woman’s career or post-graduate education.

  184. The Great Pumpkin says:

    Okay, you want to play that game. Why the f’k should I pay off the bill for your generation? If you want to pay it off, let’s go….how bout a progressive tax that goes up with age. Pay your bills now, and don’t cry. Don’t put that sh’t all on the younger generations. I’ll kick the can down just like the generations before me did.

    “Pumpys who just say “charge it.””

  185. Phoenix says:

    “In NNJ 400k is garbageman money”

    JJ probably meant recycling. That can be a profitable business with the right connections.

  186. The Great Pumpkin says:

    Bingo. Life is about choices and sacrifices.

    AP says:
    July 30, 2020 at 10:49 am
    If you have kids too early then that could potentially put a slow down on the woman’s career or post-graduate education.

  187. Phoenix says:

    “I’ll kick the can down just like the generations before me did.”

    Right into the face of those you teach.

  188. The Great Pumpkin says:

    A friend of mine, he just turned 37. Has his own house in a town in Morris county. He was one of three siblings. He never worked a day in his life. He has a kid with another on the way. Wife doesn’t work. He grew up in Clifton. Not short hills, but Clifton.

    Now do you realize how much money is out there. You people really don’t understand how much money is out there. Not everyone is complaining about the property taxes like you think, they have so much money it doesn’t faze them. Of course people bitch, it’s in their nature, but actions speak louder than words.

    AP says:
    July 30, 2020 at 10:46 am
    I remember a classic JJ line from circa 2009 or so:

    “In NNJ 400k is garbageman money” or something to that effect. That stuck with me for some reason.

  189. The Great Pumpkin says:

    Don’t hate the player, hate the game. This ball has been rolling at a national level, and I’m not about to volunteer to fix it on my back.

    Phoenix says:
    July 30, 2020 at 10:51 am
    “I’ll kick the can down just like the generations before me did.”

    Right into the face of those you teach

  190. 3b says:

    Phoenix: I agree. I would not want to do it.

  191. Juice Box says:

    3b- Difference is you would pay your mortgage even if the house was underwater for a decade or more. You can bet people will stop paying they did in the last recession and will in this one too.

  192. Phoenix says:

    “If you have kids too early then that could potentially put a slow down on the woman’s career or post-graduate education.”

    And the ability to buy a house in Wayne to keep her happy.

  193. Phoenix says:

    “Don’t hate the player, hate the game.”

    They are children Pumpy. And you are not teaching them the game are you?
    You have previously stated how you are trying to protect them from the game, the one where you place the can in front of them, proceed to kick it in their face full knowing that you are planning to do it as you state:

    “Don’t hate the player, hate the game.”
    Thank’s teach. Guess you gave me the lesson!

  194. 3b says:

    Phoenix She bought the house in Wayne, she makes the bucks not him.

  195. Phoenix says:

    “From what you guys say, IT and banking blow. ”

    No unions or tenure. Don’t worry, the teachers are now going to be on the firing line once they decide not showing up to work is a great idea. Taxpayers are going to want a break as they can no longer support you. That means outsourcing just like the rest of the world.
    Online teaching with foreign teachers here we come.

  196. Phoenix says:

    3b,
    Cheaper to keep Him?

  197. 3b says:

    Juice:I did pay the mortgage, and paid it off in less then 10 years; sold it for what I paid for it and that was with improvements. There was no forbearance programs, no staying in the house for years without paying the mortgage, evictions were quick. More than a few people got destroyed by that housing bust. That’s the way it was. So in defense of the boomers we did have that.

  198. 3b says:

    Apparently Catholic school enrollments are surging in NY, as they plan to open in the Fall.

  199. Phoenix says:

    3b
    They have lawsuits to pay for.

  200. The Great Pumpkin says:

    Comedy hour in here. So one minute teachers make too much money, and in another, they make nothing.

    I made smart investments. Money makes money. You think a hot wife that makes money would want a loser? If you say so…but JJ will tell you otherwise.

    3b says:
    July 30, 2020 at 11:06 am
    Phoenix She bought the house in Wayne, she makes the bucks not him.

  201. The Great Pumpkin says:

    Yea, that might happen. You live in NJ, you should know how much this state values education. Maybe in the south this would happen, but rich nj families would never leave their child’s education to outsourcing. They care too much. Hence, why it’s a good idea to raise your child in north jersey communities with high taxes, the quality of parenting is top notch. Your kid has a high chance of turning out okay in this environment.

    Phoenix says:
    July 30, 2020 at 11:10 am
    “From what you guys say, IT and banking blow. ”

    No unions or tenure. Don’t worry, the teachers are now going to be on the firing line once they decide not showing up to work is a great idea. Taxpayers are going to want a break as they can no longer support you. That means outsourcing just like the rest of the world.
    Online teaching with foreign teachers here we come.

  202. The Great Pumpkin says:

    That’s how I learned…

    ““Don’t hate the player, hate the game.”
    Thank’s teach. Guess you gave me the lesson!”

  203. Phoenix says:

    You are one fine upstanding citizen. Your students and families should be proud of the hard work you are doing for their children…

    That’s how I learned…

    ““Don’t hate the player, hate the game.”
    Thank’s teach. Guess you gave me the lesson!”

  204. The Great Pumpkin says:

    Why are you blaming me? What are you doing to help with the debt? I had to give a bunch already in the 2011 Christie reforms on teachers…now you want more from me? How much do you think teachers make?

    Who on this board wants to willingly sign up to start paying off this debt at a national level? At some point, you have to say f’k it, like the previous generations did.

  205. Juice Box says:

    We had a meeting last night at our place with neighbors and watched the Board of Ed meeting on my big TV. They had one principal read off the 120 page reopening plan they put forward for school reopening. Rules like crazy for the kids and staff. Cleaning, temp taking, masks, bathroom use, bus separation, social distancing for the short 4 hour school day 2 days a week. Not workable or enforceable in my opinion.

    Somehow the private daycares which have been open in New Jersey all this time have had no Covid outbreaks, yet the public schools are going to have the kids walking around on egg shells the whole time. There won’t be any learning going on that is for sure.

    It’s not worth sending kids in at this point is my opinion, and as soon as someone sneezes the semester it will be over anyway.

    My neighbor just got acceptance from a local catholic school. They applied to two schools and got one acceptance the other snootier school is full.

    Another local mom is trying to do a classroom setting in her home for just a few kids, she is a stay at home mom with a teaching background, and will take the kids into her home for the other 3 days the kids aren’t in school. If the town or state finds out the will probably go after her for an unlicensed daycare or something.

    There are also a few desperate mom’s looking for a full time nanny. I bet there will be an explosion of undocumented nannys soon, just like there was in Hoboken when I lived there as moms try and juggle career and kids.

  206. Bystander says:

    Blumpy also learned “Slingin’ and Blingin'” during his childhood…until Feds stepped in.

  207. Deadconomy says:

    How many times were you caught lying in the past? Now we are to believe?

    The Great Pumpkin says:
    July 30, 2020 at 11:34 am

    Comedy hour in here.

  208. 3b says:

    Phoenix: A lot of Catholic schools get little to no aid from the Archdiocese. I assume people want their kids in school and will pay tuition at least temporarily.

  209. 3b says:

    Yeah I remember a teacher complaining about Christie’s reforms, she was pissed off about her $5.00 co-pay!!

  210. Fabius Maximus says:

    Chi, of coarse what I post is rhetorical. Its my opinion and I’m always ready to back it up. As to your “well developed refutation”, that’s your opinion and if I don’t respond, why don’t you take the mindset that, of course your opinion is right. Maybe that will calm your fragile ego.

    If you don’t like what I post, Scroll On.

  211. Fabius Maximus says:

    3b

    Is that catholic enrollment up overall or on a school by school basis. NY shuttered about 25 schools in April from Rockland to the Boros. All those parents are scrambling for places in whats left. Newark shuttered about 14.

  212. Blue Ribbon Teacher says:

    We had a meeting last night at our place with neighbors and watched the Board of Ed meeting on my big TV. They had one principal read off the 120 page reopening plan they put forward for school reopening. Rules like crazy for the kids and staff. Cleaning, temp taking, masks, bathroom use, bus separation, social distancing for the short 4 hour school day 2 days a week. Not workable or enforceable in my opinion.

    Elementary school is going to have major issues. As far as my classroom goes, I’m still planning on doing group work via labs. Students will be paired, one operates the setup while the other one operates the detectors. I’m going to use 6 ft cables so that they can maintain social distancing.

    I’ll also have to split up how we do labs where one half of the class runs the lab while the other half works on pblems, then switch.

    During problem solving, usually they are sitting alongside each other and working in their notebooks. I’ve purchased 24 miniwhiteboards for them to write on and hold up to their peers when they want to show each other how they’ve solved a problem.

    It’s going to be less efficient and I’ll take longer to run through each chapter. Normally, we finish by early May and run engineering projects. I’ll likely scrap the project and teach into June so I can spread out the material. My goal is to cover the same amount of academic material that I would in a normal school year. I was able to accomplish this in the Spring.

    Lab equipment is going to be sterilized via UV germicidal lamp after each use. Tables are going to be wiped down after each class. That’s my plan going in, we’ll see if I have to do other things or change things up.

    So I’ve invested about $350 into my own personal equipment (cables), sanitizing equipment, and whiteboards/markers so far. If these a**holes are successful in getting us to go remote, I’m going to be very disgruntled.

  213. BoomerRemover says:

    It’s wild that Herman Cain taunted the very thing which took him out just weeks later. Supposedly I heard he wasnt on a vent but on supplemental readying to go home.

    He spun the roulette wheel and lost. Crazy that he photographed it all too.

  214. Fabius Maximus says:

    Donnies Crazy not so good day so far and were just past noon.

    Herman Cain turns 9s into a deep six
    He wants to cancel the election (still holding my 60% chance of an election in Nov) and Pompeo just said its Barrs call if he can do it.
    Donnie Skips his third big funeral where all the Ex’s are giving Eulogys.
    DC court agrees to rehear Flynns case
    or the Big one 32.9% drop in GDP.

    We should get the Maxwell doc drop later as well.

  215. 3b says:

    Fabius: Apparently over all, and in response to NY public schools apparently not opening in the Fall. NY Archdiocese should have waited. From what I hear two of the schools that were slated for closure may have a reprieve.

  216. Blue Ribbon Teacher says:

    Yeah I remember a teacher complaining about Christie’s reforms, she was pissed off about her $5.00 co-pay!!

    That teacher was an idiot. I was hired Christie’s first year in office. In that first year, he cut state aid from nearly every suburban district (usually about $4 million a pop). This was incredibly insulting when a city like Jersey City was getting over $200 million a year. As a result, the teacher’s took it during negotiations that year and you saw districts around the state agree to step freezes (some multiyear). At the same time, healthcare contributions went from 0% in my district to the sliding scale over time towards 33%. Pension contributions were increased as well.

    After a step advancement and cost of living adjustment, I spent the next 6 years getting an annual raise of $1200 followed by an increased contributions of an additional $1600-1800 per year. That was 6 straight years of watching your take home pay decrease. When I left, my very first paycheck was higher than my last. Fortunately, when you switch districts, you are no longer beholden to the stranglehold of the union and can negotiate your “starting salary”. Unions have it written into your contract that you cannot ever renegotiate your salary at your current district.

  217. FabiusFumMaximus says:

    Fabius, 2 points.

    -Election or not on 11/3/20. His and Pence terms ends on 1/20/20 11:59.59 am.
    Power goes to House Speaker, likely Pelosi.
    -The likely hood of double swear-ins is very possible.
    -The power goes to those that the Joint Chiefs of Staff give the “football” – aka nuke briefcase, and that will be decided by what is happening is likely to be a hot war, China is itching for it and between 11/320-1/21/21 will be the dangerous period.

    https://www.bloomberg.com/news/articles/2020-07-30/china-set-its-sights-on-taiwan-after-hong-kong-crackdown

  218. 3b says:

    If China goes for a hot war, it will be the end of them. And that million man army they have won’t fight, or many won’t fight; too weak and coddled.

  219. FabiusFumMaximus says:

    3b,

    Sure, but we are also not in our best shape.

    Everything imported, very limited manufacturing, estimate of 300k dead because of virus by election day, and finally, a very likely possibility that on 11/4/20 – the USA existence might be in real doubt. Think from financial market to soldiers to government employee questioning the next step.

    That is the moment China, Russia, and the other problems will strike

  220. Bystander says:

    Can Trump just resign and end this? Or maybe Cain’s death is just another item delivered? Probably for much of his base, it is.

  221. AP says:

    Fox News political editor says that…

    “The idea for an incumbent to suggest that we would delay an election now while he is in power is totally out of character with all of his predecessors and it is a sort of fragrant and flagrant expression of his current weakness. A person who is in a strong position would never, never, suggest anything like that,” Stirewalt said. “So Trump may be making a tactical error here by further telegraphing his weak position in the polls and his weak position for re-election.”

  222. SmallGovConservative says:

    Bystander says:
    July 30, 2020 at 1:47 pm

    “Can Trump just resign and end this? ”

    Such a dumb, drama-filled request. You’ll have your chance to cast your vote to be governed by Harris/Pelosi/Schiff/Nadler and the anti-semitic ‘Squad’ in just 3 months. Pathetic.

  223. ExEssex says:

    12:44 yeah they really try, clearly the job works for some as a second income and others who have been there 30 years. Anyone else? Not so much.

  224. AP says:

    “fragrant and flagrant” is such a good turn of phrase.

  225. Juice box says:

    Russia is first! They will begin deploying their COVID-19 vaccine to front line workers in about two weeks.

    https://www.reuters.com/article/us-health-coronavirus-russia-vaccine/russian-covid-19-vaccine-approval-imminent-source-says-idUSKCN24U1V9

  226. 3b says:

    Fab: Perhaps, that’s a grim assessment. As for manufacturing you are correct and we can thank our wonderful bought and paid for politicians in both parties for that
    Sorry state. As for Russia, if they were smart they would realize China is not their friend.

  227. No One says:

    Pumpkin,
    Where does this friend and his wife and kids get his money from if he never worked a day of his life?
    Picking up spare change sloshing out of NJ people’s pockets?
    Collecting pension payments redirected from dead relatives that held jobs in NJ government?
    Performing handjobs under the Queensboro bridge, because “if you love what you do you’ll never work a day in your life”?
    Love-child of a famous celebrity?

  228. Bystander says:

    Damn, Disney heiress with the truth. More rules for bailouts, more taxes for corps. Trump/ Fed’s plan of constantly rewarding the exec suite and their stock compensation did not work.

    “Disney furloughed its workers because they intend to lay many of them off, but they didn’t want the bad publicity that would come with layoffs, so they chose to take the heat of two medium-sized PR hits, instead of one great big one,” Abigail Disney wrote. “Wait for it. Layoffs are coming. I don’t expect Disney to pay people who don’t work for them, nor do I expect them to employ people in excess of what they can afford.”

    She made two specific complaints about the management of the Walt Disney Co. The first was that the company spent “the last two decades prioritizing ‘efficiency and productivity’ in the form of smaller staffs doing the same amount of work.” And the second was that “when they furloughed workers who were already living close to the bone, they shifted the moral burden of caring enough about those who mutually create profits with them onto the state and therefore the tax payers.”

    Disney and other companies, she went on, “are asking us to pick up the tab for their years of whittling away at the dignity of the American worker so that they could transfer all that value WAY upstream to people like me.”

  229. 30 year realtor says:

    GDP falls more than 9% while the $600 per weèk pandemic unemployment benefit is being paid. What happens when the benefit goes away?

  230. Bystander says:

    Smalldik complaining of drama then throwing it in himself about Dems. Legimately, I don’t think we can stand 6 more months with the insabe Orange clown. We need a real leader and he should step aside bc he can’t comprehend empathy. Hard, federal level decisions need to be made. He only cares about his ratings with base

  231. Fast Eddie says:

    What happens when the benefit goes away?

    They’ll have to get out of bed and get a job.

  232. 30 year realtor says:

    Eddie,

    The question is real. The unemployment money is likely 100% poured back into the economy immediately. Not everyone receiving that money is a lazy slob. When that money is removed from circulation the economic numbers will worsen.

  233. Bystander says:

    30 yr,

    Perfect for Ed. It will be Biden’s problem at that point then he can blame dems for failing economy. And so it goes…

  234. AP says:

    Maybe they can “get out of bed and get a job” at the restaurant down the street, the one that just closed.

  235. ExEssex says:

    The DEMS and the ‘squad’ *cringe will have one helluva mess to clean up.
    But that seems to be the cycle. Super side @ssholes feast at the table and the DEMS get stuck with the tab. Happens every damn time.

  236. 3b says:

    Essex The Dems are just as bad as Republicans, they both have destroyed the country. Trump was just a flash in the pan. We are getting rid of one disaster, only to get another.

  237. Blue Ribbon Teacher says:

    wow home brew COVID-19 vaccines now?

    RADVAC

    https://www.technologyreview.com/2020/07/29/1005720/george-church-diy-coronavirus-vaccine/

    You shouldn’t act so surprised. At this stage of the game, it’s not hard for a lab scientist in the field to make one up in under a week. There were pathologists claiming they did just that in February. Designing vaccines are easy for most viruses. The one to two year process involved in getting them to market involves a lot of steps to ensure we don’t accidentally kill someone. For someone trained in the field, it’s probably not much harder than brewing beer at this point. It’s not like this guy George Church is your average lag scientist either.

    The outlier in this whole process was HIV. The nature of that virus made it incredibly difficult through conventional methods.

    When I was in graduate school, there were two guys, Paul Janssen and Eddy Arnold (Jannsen pharma, the now J&J subsidiary). They could sit down, and cure a disease in a few months…and they did just that…all the time. Unfortunately, Dr. Janssen passed away but Eddy Arnold is still doing it.

  238. The Great Pumpkin says:

    Thomas Sowell is my hero. What a brilliant mind. Helped me to see the light on a whole bunch of issues.

    Listen from the 8 min mark to the 14 min mark, gives great examples to squash this social justice notion that absence racism, equal outcomes will prevail.

    https://youtu.be/LdHEbOAQFmY

  239. SmallGovConservative says:

    ExEssex says:
    July 30, 2020 at 2:37 pm

    “The DEMS and the ‘squad’ *cringe will have one helluva mess to clean up.
    But that seems to be the cycle…”

    You mean like the ISIS mess that was left behind by the Biden/Oblama admin, and cleaned-up by Trump. Or maybe the Syria mess they left behind. Or maybe the Iran mess. Or perhaps you’re interested in the more local Dem-created messes, like Detroit, Baltimore, Chicago, or the mess that will be left behind in NYC when DeBlasio goes away. I could go on and on…

  240. ExEssex says:

    Ed’s approach pure Bootstraps.
    Which is why I think Biden will win.
    Even the dummies in flyover land feel this one.

  241. ExEssex says:

    3:07 no I’m old school I like blondes with big booobies.

  242. The Great Pumpkin says:

    Correct. Can’t squeeze much more out of the profession. You really can’t.

    Blue Ribbon Teacher says:
    July 30, 2020 at 12:44 pm

  243. 30yrs Needs glasses says:

    30yrs.

    Correction it was not 9%. But 32.9%. Just .043 away from an even one third of the economy went kappoooff.

    Now wait till 11/4/20 when His Highness Trump declares the new order has started and you will see the rest of the 66.6% go flushed down the toilet.

  244. The Great Pumpkin says:

    You of all people blasting someone for complaining? As Blue highlighted it already, you have no idea what you are talking about, but make it seem like a teacher is complaining about 5 dollars.

    3b says:
    July 30, 2020 at 12:28 pm
    Yeah I remember a teacher complaining about Christie’s reforms, she was pissed off about her $5.00 co-pay!!

  245. Juice BOx says:

    30 yr re:”What happens when the benefit goes away?”

    Friskies!

    It’s not going away it is being reduced to incentivize work. Republicans are low balling at $200 a week and when they go to conference on the new HEALS act it will land somewhere around 70% replacement of income.

    Anecdotal I know for a fact my cleaning lady is sitting on the beach right now and not working because the benefit is more than what work would pay. Who could blame her? Probably hasn’t had a real vacation in years. Clean toilets or bask in the sun? What would you choose?

  246. The Great Pumpkin says:

    And this should have never happened. They shut down the economy for what? Then they blame it all on trump.

    Has there been any difference with countries that shut down and countries that did not? No one knows anything, just one big political debate.

    30yrs Needs glasses says:
    July 30, 2020 at 3:11 pm
    30yrs.

    Correction it was not 9%. But 32.9%. Just .043 away from an even one third of the economy went kappoooff

  247. Juice Box says:

    ExEssex – Honestly I can read between the lines in your writing. You seem nervous about your boy Joe, you repeat over and over and over that “he will win” That is a tell my friend.

    Did you put on your “i’m ridin with biden bumper sticker” yet?

    It’s not too soon…actually it’s a bit late..

  248. 30 year realtor says:

    Glasses,

    You need glasses. Fell about 9% for 2nd quarter. The 32.9% is annualized.

  249. Juice Box says:

    re: ““get out of bed and get a job”

    We do need to move away from a service economy. Arts, entertainment, recreation, accommodation, and food services all too the hits in jobs and spending and hense GDP.

    The one campaign promise that Trump has let us down was the infrastructure spending and jobs created. If we had done that and trained workers etc, there would not have been so many waiters and bell hops unemployed right now, as they would be working on some fully funded bridge to nowhere projects.

    Manufacturing is another one Trump promised. It hasn’t really budged much.

    “Build Back Better’ what does that mean really? Can someone explain what feeling it is supposed to resonate with? It really sounds like a play on “Baby’s Got Back” to me, but hey I am from the 1990s when Sir Mix a lot was all the rage.

  250. joyce says:

    Then why don’t you when asked?

    Fabius Maximus says:
    July 30, 2020 at 12:29 pm

    Its my opinion and I’m always ready to back it up

  251. ExEssex says:

    3:18 Biden is fine. A tad bit old, but then again people are vital longer.
    I’m a true never Trumper. Anything else is gravy.

  252. 3b says:

    Pumps: There is your shocking lack of reading comprehension yet again!! Did you read the first sentence of BRTs response to my co-pay comment? No you did not. BRT is a real teacher,and is passionate and dedicated to what he does. He deserves every dime he makes and more! He would be very successful in the private sector. He
    Has also repeatedly said he hates the NJ teacher s union.

    Away from that his posts are reasoned and insightful, unlike yours.

  253. AP says:

    Juice, the devastation is unbelievable, specially behind the make-up and infusions. Guy used to drive Uber? Girl used to work at Massage Envy? I can keep going.

    What are they going to do? Learn coding?

  254. 3b says:

    Essex: Surely you don’t think Biden is vital? At least acknowledge he is a weak candidate.

  255. crushednjmillenial says:

    “Maybe they can “get out of bed and get a job” at the restaurant down the street, the one that just closed.”

    That restaurant that just closed. You know, the one that the Governor did not permit to have outdoor dining until June 15, even though NJ halted the growth of the virus in early May.

  256. Fast Eddie says:

    “Build Back Better’ what does that mean really? Can someone explain what feeling it is supposed to resonate with? It really sounds like a play on “Baby’s Got Back” to me…

    I said this yesterday. LMAO. I think his campaign crew are probably smarter than this but I think they really don’t give a sh1t. Who the f.uck would approve such a lame and lazy tag line? Omg, and you leftists are rooting for this guy? LOL! To date, I have seen exactly one lawn sign for Biden. I feel sorry for them because the people in that house are the brunt of ridicule and snickering as people walk and drive by and see that sign.

    Can you imagine some are going to vote for that corpse thinking the country will be better off? LOL! Before the COVID fiasco, I was being recruited w/o even looking for another job, got a fiscal mid-year raise and promotion, my investments were (are) at all time highs and my house is valued even beyond what I thought was possible. Yeah, let’s elect a 40 year, do-nothing bureaucrat with dementia. LOL

  257. SmallGovConservative says:

    ExEssex says:
    July 30, 2020 at 3:35 pm

    “I’m a true never Trumper.”

    Of course you are. You’re a house husband so it’s a given that you’re a Dem.

    Urban Dictionary def of ExSex…

    Someone who knows women don’t belong in the kitchen. They are very loving and don’t mind making sure the wife comes home to a clean house and happy kids. This is one of my favorite words. Every person should have a househusband. When the house husband and the wife are alone in the house, the husband will cook with only an apron on. ;)

  258. The Great Pumpkin says:

    Maybe BRT doesn’t realize your intentions when bringing up that a teacher complained about a 5 dollar co-pay. I realize it, and it’s to stigmatize teachers. GO f….Yourself.

    3b says:
    July 30, 2020 at 3:40 pm
    Pumps: There is your shocking lack of reading comprehension yet again!! Did you read the first sentence of BRTs response to my co-pay comment? No you did not. BRT is a real teacher,and is passionate and dedicated to what he does. He deserves every dime he makes and more! He would be very successful in the private sector. He
    Has also repeatedly said he hates the NJ teacher s union.

    Away from that his posts are reasoned and insightful, unlike yours.

  259. The Great Pumpkin says:

    I gave amazing call after call that you didn’t agree with at the time. I completely understand why you don’t think my posts are insightful.

    Remember when 3b called me out, and demanded a call on stocks. Well, gave the best call I have seen on this blog with Apple and amazon at a time no one liked them and they were in the process of getting slammed and downgraded by analysts. Did you take the advice, of course not, because pea brain thought I was an idiot. Good job!

    “Away from that his posts are reasoned and insightful, unlike yours.”

  260. Fabius Maximus says:

    Joyce,

    Because as was shown in the PPE discussion, I was done with the discussion. I posted the links and told you to investigate it further on your own. I am not your Research Monkey.

  261. Juice Box says:

    When Old Sleepy Joe flubs it and says “Build Better Back” will Jimmy Kimmel play the Sir Mix Alot song and post pictures of the Kardashains backsides?

  262. ExEssex says:

    3:44 tsk tsk tsk

    I’d like to think I’m a pretty regular guy who happened
    to marry a unicorn. Believe me when I say I out kicked my coverage.

  263. 30 year realtor says:

    Maybe it’s just me? Anyone else notice a similarity in the comments of certain Trump supporters here? MASCULINITY is always at question when these guys talk about Democrats. Eddie, Smallgov, anyone? Please explain why masculinity is the issue. Has to be more to it than you guys being hung like hamsters?

  264. ExEssex says:

    3:42 I think Biden is probably clinically depressed after losing his son.
    No parent should have to bury a child. Most of us would be happy if we
    made it as long as Biden and still had our teeth.

  265. homeboken says:

    Fast – build back better…

    Think of how much $ the Biden campaign paid to some firm for that dreck.

  266. 3b says:

    Pumps: You are off your meds or just making shit up, I have Never asked for your call on stocks, or any company s stock ever, period. I only challenge your BS on real estate, and your obsession with the price of your house, and with your BS on corporate America, and your belief that you know better than many of us here, who are actually in corporate America. Lately, and related to the aforementioned two topics is your obsession with WFH, and your hatred of it. You wish to deny a quality of life improvement, for thousands of working parents, because it will negatively impact you. This quality of life improvement is of course as I have repeatedly stated based on kids going back to school. So it’s all about you,and nothing or no one else.

  267. Fast Eddie says:

    Essex,

    No parent should have to bury a child. Most of us would be happy if we
    made it as long as Biden and still had our teeth.

    To this, I agree completely.

  268. ExEssex says:

    4:08 it’s been happening ever since the internet
    Became popular. “keyboard warriors” as they are known.
    Rallying around the least masculine draft dodging
    schmuck to ever lift a putter. Hilarious.

  269. 3b says:

    Essex He maybe,and no parent should have to bury a child. But he is not up to the job, and. I think he honestly knows it.

  270. Fast Eddie says:

    homeboken,

    Think of how much $ the Biden campaign paid to some firm for that dreck.

    Think of how scary it is that the Biden campaign approved it!!

  271. AP says:

    Instead of “Build Back Better”, maybe they should have gone with “Human Dignity” instead. There’s a nice ring to it.

  272. SmallGovConservative says:

    30 year realtor says:
    July 30, 2020 at 4:08 pm

    “Anyone else notice a similarity in the comments of certain Trump supporters here? MASCULINITY is always at question when these guys talk about Democrats. Please explain why masculinity is the issue. ”

    It’s simply a recognition of the feminization of the Dem party, which in turn largely explains it’s lurch to the left. It’s hard to understand how any reasonable, self-confident male could vote for the modern day Dem party, which has virtually no centrists left like Sam Nunn, Scoop Jackson, or even Joe Biden circa 1988. The gender gap in presidential voting identifies the issue very clearly…

    “As the parties became more ideological, the gender gap kept growing—from eight percentage points in 1980, to 12 points in 2000, to 13 points in 2016. Notably, Democrats lost all of those elections, as men moved even more sharply into the Republican Party. Since 1980, a majority of men have never once supported the Democratic candidate for president. In 2016, a paltry 41 percent of men (and just 32 percent of white men) voted for Hillary Clinton.”

    https://www.theatlantic.com/ideas/archive/2020/02/how-women-became-democratic-partisans/606274/

  273. AP says:

    Haha, Small, so your governing philosophy is “sausage party”?

  274. Fabius Maximus says:

    Throwback Thursday where the old becomes new.

    https://njrereport.com/index.php/2008/01/23/is-the-suburb-dead/

  275. Bystander says:

    Sure, we can’t all be glass eating, strong jawed machos like snicker..Lindsay Graham. Or, maybe those males are just his type.

  276. Juice Box says:

    Bystander – Him and Booker make good match don’t ya think?

  277. homeboken says:

    AP – human dignity would be sensible. Counter the message that POTUS is a pompous egomaniac.

    Someone asked for a list of Trump’s successes recently and it got me thinking.

    Can someone tell me why I should vote for Biden, but you can’t use the word Trump or “current POTUS” in your answer.
    What policies do you Biden voters really get behind?

  278. Juice Box says:

    Speaking of China, our Brave Senators Cory Booker and Robert Menendez did not vote today on a very important human rights issue.

    “bill to condemn gross human rights violations of ethnic Turkic Muslims in Xinjiang, and calling for an end to arbitrary detention, torture, and harassment of these communities inside and outside China.”

    NAYs —42 mostly democrats too…

    https://www.senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm.cfm?congress=116&session=2&vote=00153

  279. The Great Pumpkin says:

    I usually don’t correct my posts. I saw the mistake, but didn’t correct it because I was assuming that you would remember Blue calling me out.

    The point anyway, was to show that maybe I do know a thing or two. I was called out, and put on the spot; took the bait and knocked it out of the park.

    You know it all, give me a good stock call. Let’s hear it.

    3b says:
    July 30, 2020 at 4:11 pm
    Pumps: You are off your meds or just making shit up, I have Never asked for your call on stocks, or any company s stock ever, period.

  280. JCer says:

    Juice, these are same types of weasels that wouldn’t have voted to condemn Hitler in the 1930’s…….

    The any politician who isn’t behind condemning China’s behavior is beyond reprehensible. I’m no fan of Muslim’s, but I don’t think ANYONE should be sent to a re-education camp.

  281. Fast Eddie says:

    What policies do you Biden voters really get behind?

    Wait, let me get some popcorn.

  282. The Great Pumpkin says:

    It’s because I see it for what it is. A trend that people talk about to make themselves seem smart. They haven’t thought about it deeply, only at the surface level. I see almost no chance of the economy becoming a WFH environment. No way, no how.

    And if it impacts everyone positively, why not me? How does it only impact me negatively?

    “Lately, and related to the aforementioned two topics is your obsession with WFH, and your hatred of it. You wish to deny a quality of life improvement, for thousands of working parents, because it will negatively impact you.”

  283. Bystander says:

    JB,

    The modern Carville family..

    Biden’s policies should look exactly like Trump’s..except in reverse.

  284. 30 year realtor says:

    Smallwhatever…I read your answer. Have you considered the GOP stand on reproductive rights into the phenomena you pointed out? There are other issues where the GOP losses women. Feminized in that women gravitate toward the Democratic Party on issues. I don’t know about you, but I don’t mind being out numbered by women. What attacts you to the GOP? The overwhelmingly high percentage of men?

    Liked how you cut and pasted my comment and left out the part about hung like a hamster. Let’s move forward and drop the stupidity about masculinity and I will stop teasing you about your shortcomings.

  285. Libturd, back up on his soapbox says:

    I hate Biden, but Build Back Better was a UN program. Nonetheless, it’s 100 times better than Maga. I’m just catching up as I have been busy as crap lately.

    I couldn’t help but notice that you are all still feeding the lying troll. Why he’s still here speaks volumes of his lack of self-awareness. Then again, I can think of very few people who think pancake in a can is going to be the next Amazon.

    I’ve been doing a lot of thinking lately about all of this news which isn’t really newsworthy, which is what I do when I’m extremely busy and not wasting my time arguing lame ass politics around here. I don’t remember the newscycle being quite this bad. Sure, there has always been the t1t for tat, but usually it was based on a political flub. Even when O-man was in office, I don’t remember the right finding fault with much more than Solyndra, the ACA mandate and the whole dumb birther, he’s a lying muslim narrative. There was little protest besides by the tea-party patriots and they were far and in between. I would also add that they were a bunch of old coots and would probably have been protesting regardless of which Dem was in the white house.

    So along comes Trump who nary a Republican would back in the primary since he represented not just a protest of government as usual (same crap, different party or really even same party), who combines a campaign of populism and character destruction of HRC (which she rightfully deserved IMO) to somehow win an election that was difficult for the left to lose. As president, he uses similarly deplorable strategies to get Republican’s who refuse to acknowledge him in line. His main strategy of course, to character assasinate anyone with an opinion that differs from his. And what do his Republican cohorts do? Besides a record number of honorable politicians (26 Republicans and 8 Democrats) who resign on their own accord or those who brazenly stand up and point out what a clown Trump is (Romney, McCain, Whitman). Most begin to take on populism to get in Trump’s good graces. I don’t blame them though. It was the only way to get funding for this d1ckhead would withhold it (like he did Ukranian aide) unless you kissed his ring. I need not even go over all of the records Trump broke when it comes to grift, firings, days on the golf course and time wasted at political rallys to keep his populism alive. What is this, Nuremberg? He made enemies of the good Republicans, he made fun of the special olympics and the disabled. He called many a veteran a loser. Yet still, he remained popular among his supporters. It was like, they were not even paying attention to all of the lies. From Milania’s plagiarism to photoshopped inauguration crowds, his supporters just claimed “fake news” and wrote everything off. Even motherfukcin Covid-19. If there is anything Trump will be remembered for, it will be of his complete mishandling of this major crisis which he honestly claimed was a “hoax.” Such a mishandling, that to this day, he still jokes about it (Kung Flu) as 150,000 Americans succumb to his complete and utter incompetence. Yet his supporters still back him. It’s absolutely mind-boggling. At the end of the day, I realized, you simply can’t fight stupid. And stupid is anyone and everyone who follows the worst president this country has ever had off the edge of the cliff. As friends of mine around the world ask me what the heck are we doing over here as things return to relatively normal for them. We are witnessing the start of our 2nd wave. And Trump, who should absolutely crush this slow curveball, is such an egoist, that he will not even make an attempt to thwart it, demanding schools be defunded for not reopening. And again, his idiot supporters (and that is what they truly are) are walking right into being the next Herman Cain. I simply don’t get it.

    With that said, I have lowered my vested positions to 20% long. With talk of Trump now delaying the elections (as he intentionally punishes the USPS and does not allow rehiring for lost positions or any kind of upgrades) whatever flight to safety the US markets were, are quickly fading. And I would not be surprised if he pulls out every trick in the book to try to delegitimize this election. He has made a mockery of the Republican Party and is now working on killing our Democracy. And again, his idiot supporters back him.

    How the fukc can you back this assh0le?

    It will be a landslide of epic proportion. Just wait and see. Florida is lost (and the deaths are starting to pile up there putting a dagger in DeSantis, Texas is lost. Penssylvania (besides N0m) is lost. Walk off that cliff. Go ahead. And losing to Biden. To Biden! A complete joke. Yes, that’s how bad Trump is. It’s not fake news.

    And if you are looking for why people are protesting in every city across the country? I’ve got news for you. It’s not Antifa. It’s every day people with sanity. It’s not really about BLM. That’s the result of Trump’s populism and so are these protests. This is what happens when you grab them by the pus$y.

  286. homeboken says:

    Lib – how did I forget about NMHD? That was a simpler time on the blog here…

    Anyway, I happen to think the exact opposite of election outcome. 63million people voted for Trump 4 years ago and his fan base is rabid as ever.

    Meanwhile, Bidens entire platform appears to be “hey I’m not Trump”. The strategy of “hey I’m not as bad as the other guy” has never in history worked to win an election.i think Trump wins big, carries 38, maybe 40 states.

  287. GoodReading Ahead says:

    Best fact based read for all of you and why I had said in the past is a new world with new ways of doing things.

    https://www.marketwatch.com/story/osterholm-americans-will-be-living-with-the-coronavirus-for-decades-2020-07-30?mod=home-page

  288. ExEssex says:

    Trump is bad for the Country. No one wants his stank@ss brand or his grifter kids.

  289. Fabius Maximus says:

    Home calls like 40 states are why Lib and I will be sipping your bo0ze at Grims on Nov 4th.

    I will disagree with one small point on the tea-party. Every GOP candidate had to swing hard right to get through their primary and then try to struggle to get back to center for the General. It tripped up Maverick McCain when he went hawk to hold the GOP base. Romney as well. Donnie just went right, doubled down and stayed there. A lot of the GOP are now stuck out there with him and will have to sit out the election there and see where they land in January.

  290. ExEssex says:

    Pumpy’s school is here somewhere:

    How can anything be wrong with New Jersey’s public schools when they’re ranked No. 2 in the country?

    When it comes to the gap between our best and worst-performing schools, our public school system is the worst in the country. An article from Patch.com compared and ranked every high school within NJ from best to worst by average SAT scores. Take a look at the five best performing schools and compare those with the worst five performing schools. You will be shocked to see just how large the gap is between New Jersey’s best and worst. The average SAT score for the top five performing schools was 1,343 and the average for the bottom five performing schools was 404, which is a 939-point gap between them.

    Source: NJ.com

  291. Alexmaw says:

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    It’s easy for members … Just select your banners and watch the money slowly flow into your account every minute. You won’t believe how quickly this stacks up.
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  292. joyce says:

    You said a private company was buying PPE from the Federal government and reselling to hospitals… and posted links about those private companies buying from China. I asked what else you read to come to such a conclusion to which you replied you didn’t want to go down that rabbit hole. That phrase implies, in my opinion, that you didn’t go down any rabbit holes yet and were just repeating a tweet. Am I wrong
    Do you understand why I was asking for more?

    Fabius Maximus says:
    July 30, 2020 at 3:58 pm
    Joyce,

    Because as was shown in the PPE discussion, I was done with the discussion. I posted the links and told you to investigate it further on your own. I am not your Research Monkey.

  293. joyce says:

    How does “I’m always ready to back it up” align with “I posted the links and told you to investigate it further on your own” when your links contradict your posted comments?

    And I laughed at your ‘I was done with the discussion.’ What discussion? You posted a link and then nothing.

  294. joyce says:

    JCer,
    Why are you no fan of muslims?

  295. 3b says:

    Pumps: you lied, just say it. And again you are sorely lacking in self awareness. You see it for what it is a trend that people talk about to appear smart, but they have not analyzed it deeply only on the surface blah blah. Are you fecking kidding me, some school teacher from Wayne NJ knows more than multiple CEO s and multiple division heads and managers who are implementing these permanent WFH policies, not to mention those of us who are actually doing the WFH?? You are delusional. Just be honest and admit it you are selfish and don’t care about People’s quality of life, you the guy who is out at 3:00 everyday, with summers off and multiple other days during the year. It’s just pure selfishness on your part. Shameful. As for the others they are not obsessed with the value of their house like you are; that says a lot to me. And I
    Am sure some of them too want to WFH.

  296. The Great Pumpkin says:

    Did you not read the WSJ article explaining that WFH is not working? It’s not just me that understands it’s not going to work.

    This post really pissed me off. STFU! Why are you treating teachers like they are a bunch of nobodies? Over and over again, I hear jealous pricks like you and LIB talk down about the teaching profession. Go get drunk off your jealousy and then go fk yourselves. If teachers have it so good, maybe you should have been one.

    3b says:
    July 30, 2020 at 8:14 pm
    Pumps: you lied, just say it. And again you are sorely lacking in self awareness. You see it for what it is a trend that people talk about to appear smart, but they have not analyzed it deeply only on the surface blah blah. Are you fecking kidding me, some school teacher from Wayne NJ knows more than multiple CEO s and multiple division heads and managers who are implementing these permanent WFH policies, not to mention those of us who are actually doing the WFH?? You are delusional. Just be honest and admit it you are selfish and don’t care about People’s quality of life, you the guy who is out at 3:00 everyday, with summers off and multiple other days during the year. It’s just pure selfishness on your part. Shameful. As for the others they are not obsessed with the value of their house like you are; that says a lot to me. And I
    Am sure some of them too want to WFH.

  297. Blue Ribbon Teacher says:

    Pumpy’s school is here somewhere:

    How can anything be wrong with New Jersey’s public schools when they’re ranked No. 2 in the country?

    When it comes to the gap between our best and worst-performing schools, our public school system is the worst in the country. An article from Patch.com compared and ranked every high school within NJ from best to worst by average SAT scores. Take a look at the five best performing schools and compare those with the worst five performing schools. You will be shocked to see just how large the gap is between New Jersey’s best and worst. The average SAT score for the top five performing schools was 1,343 and the average for the bottom five performing schools was 404, which is a 939-point gap between them.

    There’s not much to read into that. It’s more about demographics. I could have entered into my job asleep at my previous school and they would still score higher than where I am now. But…where I am now…has been ranked higher throughout the years.

    Testing scores are a function that is 80% student/parent and 20% teacher based on the data that I’ve seen.

  298. Blue Ribbon Teacher says:

    I saw my brother for the first time in 6 months. He was a delivery driver who delivers food all over NYC, North Jersey, Philly, and sometimes Maryland. Turns out, he got Corona in February. He lost his sense of taste and smell and occasionally had trouble breathing for 3 weeks. But since he couldn’t taste anything, he apparently just consumed habaneros peppers left and right to open up his nasal passage and have the air come flying in. He said he could barely taste the spice.

  299. The Great Pumpkin says:

    Blue,

    I posted this earlier, but that politician that wrote this should give it a watch. Thomas Sowell is simply amazing. He’s to the point and doesn’t mess around.

    “Thomas Sowell is my hero. What a brilliant mind. Helped me to see the light on a whole bunch of issues.

    Listen from the 8 min mark to the 14 min mark, gives great examples to squash this social justice notion that absence racism, equal outcomes will prevail.”

    https://youtu.be/LdHEbOAQFmY

  300. Libturd says:

    “Testing scores are a function that is 80% student/parent and 20% teacher based on the data that I’ve seen.”

    More lies. Come on now people. Stop feeding the moron!

  301. 3b says:

    Pumps You read one article in the WSJ about how it is not working for some, but ignore all the companies where it is not only working but better. And of course growing pains like anything new. But whatever, you know the real answer is because you are selfish as I previously explained. As for teachers some one like BRT is worth all he is paid and more, others not so much. I don’t comment on NJ teachers one way or the other, save to say more than a few in my Blue ribbon district were not impressive. As for the 5.00
    Co pay, yeah she should not not have been complaining about it, it’s a joke. And no
    One forced you to be a teacher.

  302. crushednjmillenial says:

    3B . . . whether Pumpkin likes it or not, there will be an acceleration of the trend toward more WFH. It doesn’t matter what he or any other individual thinks about this, even if that individual is the CEO of a massive corporation.

    Pumpkin . . . even if WFH increases tremendously, the economy will adjust – it is not that big of a problem. Less starbucks coffee, less lunch from restaurants, less business casual clothing, and less office space. More home upgrades (contractors should be doing well in the coming days) including better backyards and adding office space in older homes, more money available for a “fun” or upgraded car, and more disposable income for office workers which, being Americans, they will immediately spend on something, anything. Some office buildings will be converted into residential apartments

    I, personally, concur with the sentiment that Covid has accelerated us by 5-10 years on both WFH and e-commerce. I have stodgy, old bosses and we still had some WFH even before Covid. I don’t believe everything will go WFH overnight permanently. But, I do believe it will be more common for people to work 1-3 days remotely per week, especially if they are not fresh junior and entry-level workers.

  303. The Great Pumpkin says:

    Sowell, King of one sentence debunks: if Marx was right that capitalists get exploiting workers, the countries with the highest concentration of capitalists should have the lowest standard of living.

  304. The Great Pumpkin says:

    Hasn’t this already been the case for positions that could? My brother-in-law works for a big accounting firm, he has worked Friday’s from home for years now. When it get busy, he does have to go in on Fridays.

    My point was always that WFH is not going to become the norm across the board. If you work at home, it’s busy work. Creative types have to be at work together. For example, this “tic toc” craze. Guess what all the big names did in it, they got a house together called the “hype house.” Why? They could have taken videos at their own house, but they came together. Why?

    This is why I can’t get behind 3b when he starts claiming it’s all going to be WFH. Offices are dead and so are cities. Rural areas are where you want it be now and I just don’t see this as nothing more than a trend. I agree with your view, but not his.

    “I do believe it will be more common for people to work 1-3 days remotely per week, especially if they are not fresh junior and entry-level workers.“

  305. 3b says:

    Crushed: Pumps is a selfish fool. WFH scares him
    As all he has is his house value. His reading comprehension is also
    severely challenged as I never said WFH was going to be 100
    Percent, but it will be a large percentage. As well the clown doesn’t even work in corporate America, but fancies himself some kind of expert. He is a fool, and I
    Am a bigger one for engaging him, but it is fun to see how hysterical he gets about WFH.

  306. AP says:

    Lib, really dig your “rant”. It actually echoes, in a weird way, our own Peggy Noonan in the WSJ today:

    https://www.wsj.com/articles/burn-the-republican-party-down-11596149482?mod=mhp

  307. Fabius Maximus says:

    Pumps

    “the countries with the highest concentration of capitalists should have the lowest standard of living.”

    I’ll debunk it in one photograph. It has Tennis Courts, you’ll like it.
    https://www.theguardian.com/cities/2017/nov/29/sao-paulo-injustice-tuca-vieira-inequality-photograph-paraisopolis

  308. Blue Ribbon Teacher says:

    “Testing scores are a function that is 80% student/parent and 20% teacher based on the data that I’ve seen.”

    More lies. Come on now people. Stop feeding the moron!

    Please…enlighten us as to why this is a lie with your vast experience or knowledge on this issue.

  309. Blue Ribbon Teacher says:

    Here’s something for you to ponder.

    In the overly wealthy suburb town I teach in, 80% of parents intend to send their kids back to school.

    In my middle class town, 60% of parents intend to send their kids to school

    In Trenton, their school district is currently sending a proposal to the county to be 100% virtual in September.

  310. Fabius Maximus says:

    Joyce,

    When it comes to Private Security Contractors in Virginia that is a rabbit hole I am never going down and leaving any sort of digital footprint. I take Cyber Security very seriously. I don’t do TikTok, WhatsApp, Siri, Alexa, Face Recognoition when I can avoid it.
    My FB and Social Media are locked down so i dont show in most friends feeds.

    As to the PPE, I gave you the links. Instead of letting the relevant agencies source and supply. Kushner set up this task force to effectively privatize it.

    No Bid contracts to unqualified companies. Fed supplies delivered off planes to those contractors. Feds trying to seize supplies the states had sourced independently.
    Instead of letting Fed Procurement work and FEMA distributing where needed, we ended up with States in bidding wars against each other with the middle men who thought they had a line to the Kush to deliver to them, but it all fell through.

    I gave you the links, you can research for yourself or you can wait for the investigative reporting. That’s starting to come out. https://www.businessinsider.com/jared-kushner-coronavirus-task-force-prioritized-ppe-trump-associates-nyt-2020-5

  311. The Great Pumpkin says:

    Fab,

    Explain this one. How is it that the Cubans that were forced to leave for America with nothing after the Cuban govt confiscated their wealth, ended up producing a higher gdp than all of Cuba?

  312. No One says:

    Libturd,
    Trump is not an egoist.
    He’s a vain “second-hander” with deep insecurities seeking validation of his worth from others.
    See The Fountainhead, a book Trump falsely claims to have read and understood and liked, for an examination of what’s wrong with him and other second-handers.

  313. Fabius Maximus says:

    BRT,

    First I would add one of those portable HEPA air filters and point it blowing towards you. I run one for one of my kids Allergys, dont know if it would capture the particles, but its a start.

    I have had a lot of discussions with friends and their views are over the place. Now my friends are mostly WFH, but I do have some front line and the message is no different. How much risk is there to my kids coming home with this?

    There are a few factors to consider. The first is that the Tri-State for the most part is being sensible. We got hit early and hard and masks are everywhere.
    Buddy with a kid in 5th Grade Catholic. “They are going to from 20 kids in a class and they think they can social distance with 18.”
    Lots of conversations are around the same topics.
    My kid cant handle this remote learning, they are just goofing off?
    My kid cant handle this remote learning, they just understand what they are supposed to be doing?
    My kid cant handle this remote learning, they need that 1:1 with the teacher for that particular problem or clarification?
    My Kid was an A student, but dropped to a C with this!
    My kid is too young for remote learning!
    My Kid needs to be back in school to Socialize as they are going Stir Crazy at home?
    The teachers /school don’t know how to use this technology?
    How can I put my kid on that small bus?
    If I opt out and cant opt in am I Scrwd?

    For Me it comes down to the kids needs. I have the luxury that if I keep this job I am home to Jan anyway. Extending that to June, will no be an issue

    At this point I’m making a call on at least 2 of my 3 going back.

  314. Fabius Maximus says:

    Best school set-up I have seen so far. Tech guy at the school is awsome.

    Zoom meeting. Teacher at the front of the class with the Smart board shared to the meeting. In class students in front of him as normal. Big Screen TV at the back with a Camera and a PC running the Zoom meeting. Remote kids can see the teacher and the rest of the kids in the class and whats on the board. The kids in the class can turn around and interact with the kids on the screen. Live instruction, no pre recorded lessons.

    That said the school has the tech budget to pull this off. Not many schools will be in the same boat.

    Creative ways are how we get round this.

  315. Democratnomore says:

    I had my kids take these test cold and then went through a prep class, I would say the prep course added 100 points to their score. Most of my kid’s peers also went to a class or private SAT tutoring. We can attribute those last hundred points to prep classes, especially in the hyper-competitive school districts like West-Windsor.

    404 To put this score in perspective, the lowest score possible is 400.
    1,340 Nationally Representative Sample 94th percentile
    SAT User 90th percentile

    “SAT College and Career Readiness Benchmarks TOTAL: 1010
    *Reading & Writing 480
    *Math 530
    The College and Career Readiness Benchmarks for the
    current SAT predict a 75% likelihood of achieving a C or
    higher in related, first-semester, credit-bearing college
    courses. College Board”

  316. JCer says:

    I’m no fan of muslims because as a general rule the religion is not tolerant of non-muslims/believers. I know that Imams in Paterson and Jersey City have publicly to their congregations called for death to Israel, gays and others(Infadels, which covers most of us). That being said I’ve known more than a few muslims(definitely not hard-liners) and they were fine people.

  317. Fabius Maximus says:

    To finish Donnies Very Bad day, we got the Maxwell Doc Drop. Alan Dershowitz is FBAR. Donnie is in the flight logs. This is the first big domino.

    Now we have the reason (not that we needed it) why Dershowitz tied himself in legal pretzels on Donnies Impeachment.

    Tomorrow is going to be another very interesting day.

  318. Libturd says:

    I’ve been working from home since commuting to midtown for nearly my entire adult life minus a near two year stint in Los Angeles. As most of you already know, I have worked at two different companies since pursuing my (free) M.A. Yeah, I’m that cheap.

    My first employ was a small boutique ad agency. I worked like a surgeon (easily averaged 70 hours per week) in that job for two reasons. I had complete autonomy and my role allowed me to learn the complete ins and outs of print advertising from concept, to design, through print and web publishing. The office I worked in was two tiny rooms where on warm days, we would frequently trip the circuit breakers. It would get so hot in this tiny office that I often worked in the hallway outside the entrance to the office. In my short six year stint there, I had illustrations published in Scientific American, I learned how to profit off of print bartering (middleman), established relationships with the owners of the most prestigious service agencies and became an expert in color theory and digital proof and film output. I was so strong at color correction that I was asked to present at multiple major conferences to which I never had the time to. I am one of the few people in the world who can perform color correction on a black and white monitor. It’s all about understanding color theory and how it applies to different gamuts. Color is really made up of three bands which the naked eye can see little more than 50 different colors on each of the bands. Our eyes mix the three colors (RGB) really well to give us a spectrum, but we really still see three separate colors. Hence some people are color blind when they are missing one of those color receptors (pigment receivers) in their cones. Some of the projects I worked on included making colored thread changes in ultra expensive afghan rugs on screen to see if rug designers liked it rather than time-consuming and expensive trial and error. I also worked with Marc Andreessen in the early days of the migration of the internet from a text only medium to a graphical browser. Needless to say, I learned more in those 6 years than any university could have ever taught me. I also realized pretty quickly that much of what is taught in schools both K-12 and secondary are woefully behind when it comes to using technology to improve production. It’s crazy really. I studied industrial education (shop teacher), with a graphic design concentration (and an economics minor) and ended up being best known as a color and retouching expert. The only problem with my first job was that the small business owner, who I am still close with to this day and still hang with every few years, was brilliant at working, but simply terrible with money and the art of running a business. Though I was bringing in nearly half a million in annual revenue, which was nearly pure profit. She liked to waste it on Junior designers, office managers, fancy furniture and unnecessary crap like receptionists. Besides one consultant who did Mac IT, I was the only person generating any significant revenue. So much so that my team was up to five when I left, though my salary didn’t even top the 40s. I knew the value of what I was learning there was tremendous and it made it easy for me to bounce into what I could have parleyed into an executive role at my current job, if I did want to trade my life for mad loot. I did eventually move three of them to my current employ where they were appropriately rewarded as was I.

    But now I am approaching 50 in a few months. Through my hard-researched frugality, smart, low risk investing, I have a net worth that would make a lot of you blush and that’s after dealing with an autistic kid with a malignant brain tumor in a state that doesn’t cover sh1t. I have a kid who is making high honors as a student athlete who I couldn’t be more proud of. Besides his volunteer work teaching disabled hockey players from age 4 to 40. He is also a level 3 ice hockey referee (he makes $50 an hour now). Not to shabby for a kid who turned 15 in June. No redshirting necessary (I can’t believe parents do that!). This Summer, without our help (we are raising him to be as independent as possible) he found a job at a day camp as a junior counselor. He has already been promoted to be a shadow for a special needs kid two years his elder. He leaves the house at 7:30am and returns at 4:30 every day. Then it’s either ice hockey practice or dryland every evening, Monday through Friday. This kid is seriously trying to usurp his father. I thought I had it going on running a landscaping business at 13.

    Well getting back to work from home and how all this comes together. I was so goddamned sick of commuting the city. Those who have been following this blog for a while know how much I hated NJ Transit. I feel like I’ve spent a solid 1/4 of my adult life stuck on their sh1tty trains. And the MTA is hardly better, though at least it’s cheap. Well, up until about 5 years ago, I was one of those train zombies. If you are a member of the crew, you know what I’m talking about. There might be some younger faces on the morning train. But on the ride home, if you put in a full day and took anything home after 6pm (because you have a work ethic unlike most Millenials). You were on a train with lots of other people in their late 40s, 50s and 60s. Call it the M1LF train or whatever. It’s easy to spot us. Bloodshot eyes. Worn out shoes. We actually put our sh1t in the overhead rack because we know how annoying it is to make someone move their sh1t so we can have a seat for the oft delayed ride home. I’m telling you, I could sleep standing on the PATH and could identify every signal stop before the engineer applied the breaks. Man was it getting old and the delays were getting worse and worse as time wore on. Then I was allowed to work out of Union a few days a week until I morphed it into needing to work in the city once every two weeks. My supervisors were amazed at how much more I was able to get done without the need to rot on NJ Transit everyday. I was more energetic too. That 12 mile 90 minute commute can kill anybody. Well, I explained my newfound push as a thank you for allowing me to work out of Union. This continued for a while until my younger kid got sick. My company requested I work from home knowing that I really had no choice, but moreso so that I could spend more time with my kid before the inevitable big C got him which fortunately has not happened. With me being out of the office except for one visit a month to meet directly with my supers, all of a sudden, I was equipped to help the company out, 24 hours a day (which I sort of did already, but much less begrudgingly now). Because I manage 3 shifts over two continents, it really doesn’t matter when I work. I am judged by my performance anyhow, which is how it should be. Not by my total hours. Anyone can clock in and fukc off. That’s easy and way too common. Just look at your local municipality. It’s filled with hundreds who do this. And if any real work needs to get done, they just vend it out. But getting back to my situation. The benefit of working from home gave me incredible flexibility to balance my family and work life. I could now drive my kids to school. I could cook dinner. Heck, I could attend my son’s hockey practice. In exchange for all of these things, I worked twice as hard to ensure that I would not lose this privilege. And the real truth is, I have never been happier for it. This benefit is immeasurable to improving quality of life. A happy worker is a productive worker. No more need to focus on when the last train is running, can I beat rush hour to avoid spending an extra hour in the car. I am simply not tired like I used to be. Though I am fatter from not walking nearly as much (par for the rail commute). My direct supervisor was a staunch anti-WFH guy. I converted him and he owes me the world for it. He is soo much happier. The gods to honest truth is that there is nearly nothing you can’t do remotely that you could do in the office for nearly every job besides manufacturing. This is why the remote learning I am witnessing from most of my son’s teachers is pissing me the hell off. Teacher’s. Take five minutes to learn how to use Zoom to your advantage. Learn how to mute everyone for craps sake. This is not brain surgery. Make your class interactive. At the end of the day, besides lab science and P/E, there is no excuse for not being able to provide the same lesson remotely that you did in person. There are less interruptions, no one is late to class. Heck, you can have your kid’s homework graded automatically. Spend an hour learning how to use a simple web database. Or any of the free Google products. My kid is going remote in September and both of us couldn’t be happier. With WFH, I can actually help him in realtime. Yeah. Do that from the office.

    Of course, there is the commuting savings, the eating out savings, the going out after work savings. The worn out shoes savings. The fancy wardrobe savings. The briefcase savings. The parking savings. The wear and tear on the car savings. The car insurance savings. The no need for a fancy data for your phone package. The savings are absolutely endless. But nothing is better than having the ability to see your kid off to school and to be there when they get home. This is immeasurable. Does this impact work? Only if you don’t know how to work with your coworkers in this new age. Technology too makes working remotely such a piece of cake.

    Now I know what you are thinking? What about those workers who will get nothing done at home because you aren’t watching. Well those workers are doing the same thing at work and should immediately be canned. Pumps comes to mind. How the heck does he teach and have time to post all of his bullsh1t all day. He’d be long gone if he worked for me. And there are easy ways to monitor if people are working if you have a clue to using technology. For me, I don’t care when you clock in or out as long as your work gets done well and right. People need to embrace this philosophy. There is nothing more productive than a worker with the proper home/work life balance. You will all have to trust me on this one since so few get to practice it. WFH makes this SOOOOOOO much easier to happen. Plus, if you need something ready at 8am, how much easier it for your worker to log in from home to get it to you rather than stay late or come in early.

    Before Covid hit, I had already moved three of my workers home. I looked like a stud from HR’s viewpoint when this flu hit. I only had one person left to migrate on my NY team. The funny thing is, a lot of the company had no clue my team was already working from home when Covid hit. Initially, they had all of these questions about how we could possibly make it work. Little did they know that we had almost been fully WFH for a little over a year now. It does help that my one 7-3 guy is the one who still worked in the office. I think everyone assumed the rest of my team just came in at 5pm, after they all went home. Oh, crazy times.

    Trust me on this WFH is here to stay. Same with automation, which has allowed me to reduce my NY Team from 20 down to 5. We still produce the same amount of work. Only how we perform it (variable controlled logic was the real key breakthrough) has drastically changed. We no longer perform the work. We just program the scripts which perform the work for us. Best of all, redos due to human error are virtually nil. A nice side affect to automation.

    Well that’s my spiel on WFH. I guess if your home life blows and you can’t stand your partner, it wouldn’t be for you. But I don’t understand how anyone with a family they love could be against it. Gator and I both work from home as does my brother-in-law. At times our home feels like an office with so many conference calls going on at the same time (and then throw in the two kids learning remotely for good measure). Our real big problem is noise. Have to get everyone bluetooth headseats like my older son and I use. We both bought this silly pair of fantastic headsets. They are meant for gaming and have all of those silly color changing LEDs all over them, but they are over the air so they are noise cancelling and the sound quality is spectacular. I got ’em for $30 each. Check them out and laugh. Google Logitech Artemis Spectrum and laugh. On Microsoft Teams, I’ve been called Twiki. Only old-timers will get that reference.

    Good night New Jersey

  319. joyce says:

    So, you’re not always ready to back it up?
    Interesting article from two months ago that once again doesn’t back up your claim.

    It’s fine. There’s PLENTY to criticize the actions of this administration including the things you posted then and now. There’s just no need to invent others.

    Fabius Maximus says:
    July 30, 2020 at 10:34 pm
    Joyce,

    When it comes to Private Security Contractors in Virginia that is a rabbit hole I am never going down and leaving any sort of digital footprint. I take Cyber Security very seriously. I don’t do TikTok, WhatsApp, Siri, Alexa, Face Recognoition when I can avoid it.
    My FB and Social Media are locked down so i dont show in most friends feeds.

    As to the PPE, I gave you the links. Instead of letting the relevant agencies source and supply. Kushner set up this task force to effectively privatize it.

    No Bid contracts to unqualified companies. Fed supplies delivered off planes to those contractors. Feds trying to seize supplies the states had sourced independently.
    Instead of letting Fed Procurement work and FEMA distributing where needed, we ended up with States in bidding wars against each other with the middle men who thought they had a line to the Kush to deliver to them, but it all fell through.

    I gave you the links, you can research for yourself or you can wait for the investigative reporting. That’s starting to come out. https://www.businessinsider.com/jared-kushner-coronavirus-task-force-prioritized-ppe-trump-associates-nyt-2020-5

  320. joyce says:

    I agree. Seems like we can say similar things about other radical/orthodox/crazy hard-liners of all religions.

    JCer says:
    July 30, 2020 at 11:32 pm
    I’m no fan of muslims because as a general rule the religion is not tolerant of non-muslims/believers. I know that Imams in Paterson and Jersey City have publicly to their congregations called for death to Israel, gays and others(Infadels, which covers most of us). That being said I’ve known more than a few muslims(definitely not hard-liners) and they were fine people.

  321. Libturd, going to bed. says:

    Demonomore.

    I wasn’t much of a student in high school. Not embarrassed to share my SAT. 690 math/390 verbal. Yeah, I hated English from 5th grade on and it shows in my sh1tshow of writing skill. Instead of going to Kaplan or the such, I just borrowed the books they use with the sample tests from the library. My score too went up 80 points. All the tricks of trade are in the book. I can only imagine how much parents spend on these classes. My high honors son never did more than stay after school for a lesson review when his teachers offered it.

    I have a niece and a nephew who went through West-Windsor. Both super smart. The first keeps dropping out of college (Trenton State originally I think). He thinks he’s the next Electronic Music Phenom. Meanwhile, he keeps blowing mom’s money. My niece is a rock star at academics, though not smart in life. She might have the Covid actually. Rutgers NB Honors program I think she is.

    I am doing everything in my power not to allow my son to follow in his cousin’s footsteps. All of the boys seem to try their hardest to enjoy life their freshman year. I swear, it’s every single nephew in my family. The urge to party is strong within us. Eventually, they all right their ships. It usually requires making them pay for it.

    BRT, I won’t argue that it’s parents influence mostly. But where does the 20% teacher stat come from. How do you even measure that? Are the teachers in Newark worse than the teachers in Glen Ridge. Because I would argue that the teachers in Newark are more war-tested and dedicated. But what do I know, I only hired one of them to home school my little guy when he was immunocompromised. What a teacher she was. I can’t put into words how amazing she really was. Brain damage ain’t nothing when compared with teaching Newark kindergartners, I bet. I just wish she pronounced “ask,” correctly.

  322. Libturd says:

    Joyce,

    I’m no fan of any religion. It’s all complete bullsh1t. Fundamentalist or not. I know that hurts nearly everyone’s feelings, but faith in organized religion IMO is utter silliness. Yeah, I know I sound like a pr1ck. I really believe the world would be a much better place without it. Then again, humans rarely think for themselves. We really like to be part of a herd.

  323. ExEssex says:

    The religion thing is tricky. I feel a little remiss because I’ve
    kept my teen away from synagogue since she got out of grade school.
    Maybe it’s me, but I think temple is often a showplace for materialism and dysfunction.
    The kids can be toxic. All kids can but spoiled Jewish kids are a special kind of evil.

  324. Grim says:

    Our real big problem is noise. Have to get everyone bluetooth headseats like my older son and I use. We both bought this silly pair of fantastic headsets.

    Download and use Krisp – it is life changing.

    I can be holding my 1 year old screaming on my lap on a call and nobody has any idea.

    There is no noise reduction anywhere in the world like it, makes expensive headsets look like a joke (you look like a joke wearing them on a zoom call anyway). I use my laptop mic. Krisp uses AI to learn your voice, and then separates anything that isn’t your voice from the audio stream. You can play music on your phone, play guitar, blow dry your hair, dog barking directly into the microphone, all while talking, nobody will have any idea. I’ve had conference calls from the airport, and nobody had any idea. I can speaker phone, from the car, with the radio on, and you would have no idea.

    Me an a couple of old buds were considering raising money to buy the company when they were a wee startup. They didn’t really understand the potential of the tech they created. Spent lots of time working with them to develop their tool.

    So now when we outsource to Latin America, and the employee is working from home, you’ll never hear their kids, their roosters and the wild dogs. Or, when they are working from home in India, the incessant honking, the loud fan they run because they don’t have AC. The monsoon rains hitting the tin roof.

    So now I can take Pumpkin’s job, sent it to some offshore market at less than 1/4 the price, and now not even have to worry about having physical real estate to pay for.

  325. grim says:

    So Clinton lied about visiting Jeffrey’s sex palace? According to Giuffre, one of Epstein’s trafficking victims, he was there, even though he denies so. Who to believe? Me Too or Rapist Bill?

    https://www.newsweek.com/bill-clinton-went-jeffrey-epsteins-island-2-young-girls-virginia-giuffre-says-1521845

  326. Homebuyer123 says:

    Closed in 2 days and 10% over ??

    MLS #DatePriceStatusReal Estate Office
    2001907207/30/20$651,000Sold
    07/28/20$599,000Under Contract
    05/30/20$599,000ListedBy: Coldwell Banker, Montclair

  327. Homebuyer123 says:

    List for 779, sell for 925.. Man… This is unlike we have ever seen before…

    Grim, We all need you to give us some of your own thoughts.

    NJMLS Listing History
    MLS #DatePriceStatusReal Estate Office
    2001927307/30/20$925,000Sold
    06/12/20$779,000Under Contract
    06/01/20$779,000ListedBy: Berkshire Hathaway Home Services New Jersey Properties, Montclair

  328. Homebuyer123 says:

    The first one is not even a SFH, duplex. Go figure..

    Folks, get ready for a wild ride for those selling or buying in the next 12 months.. Whatever that means

  329. work from wherever forever says:

    Krisp looks cool, but the point of the expensive headset that looks like a joke is so I can hear when there’s noise around me. Much better than the crappy laptop speaker.

  330. Blue Ribbon Teacher says:

    I had my kids take these test cold and then went through a prep class, I would say the prep course added 100 points to their score. Most of my kid’s peers also went to a class or private SAT tutoring. We can attribute those last hundred points to prep classes, especially in the hyper-competitive school districts like West-Windsor.

    When I taught at my last school, I taught AP Physics. The AP Chemistry teacher was the biggest waste of space I have ever met. Zero teaching all year long. The kids just read the textbook and studied on their own. I studied the scores extensively for 4 years. In most cases, if they were getting a 5 for me, they got a 4 for him. If they got a 4 for me, a 3 for him. 3 for me, 2 for him. And out of 250 students that took, the exam, I only had four 2s. So, basically, I concluded that I cannot turn a 3 into a 5. I can turn 4s into 5s. And if I sat dead in the corner, my scores would decrease, by at most, 20%.

    When I moved districts, I moved to one that had consistently outranked us through the flawed magazine rankings. The students are no where near as strong or competitive here. They also take far less AP classes so the rankings make no sense. My average scores dropped 30% despite me having more instructional time. It is literally impossible to beat my last school’s scores here because I just don’t have the same level of talent entering the classroom. I still maximize each individual students scores in the way I prep them. But the idea that anyone is going to go into an Abbott district and get all those students to achieve the same as a generic suburb is fool’s gold. At best, I can imagine a 20% increase in scores from each of those individual students in one scenario. That scenario is, allow them to attend a different public school.

  331. Grim says:

    Krisp looks cool, but the point of the expensive headset that looks like a joke is so I can hear when there’s noise around me.

    In-ear, sealed, earbuds.

  332. 3b says:

    Lib: you nailed it with your WFH analysis. Huge quality of life improvement for many. Glad it has helped you and your family.

  333. AP says:

    “We actually put our sh1t in the overhead rack because we know how annoying it is to make someone move their sh1t so we can have a seat for the oft delayed ride home. ”

    That’s the type of …slice of life I’m talking about.

    Re WFH the part that Lib really nailed is the importance of the quality of your relationships at home.

  334. AP says:

    Krugman: “One thing I don’t think is fully appreciated is the fact that Republicans in general, and Trump a fortiori, have no idea what causes recessions. If they’ve even heard of Keynes, they imagine his as a left-wing agitator, probably an antifa terrorist”

    That’s …savage.

  335. Fast Eddie says:

    One thing I don’t think is fully appreciated is the fact that Republicans in general, and Trump a fortiori, have no idea what causes recessions.

    High taxes, bloated government, no-show bosses, numerous regulations, laziness, tenured positions, endless investigations, temper tantrums and opinionated pontification cause recessions.

  336. AP says:

    Fast, relax, I don’t have a macro axe to grind. But the man has a point, reducing the purchasing power, and whatever little demand creation of a huge chunk of the population right now is …an interesting move.

  337. Fabius Maximus says:

    Joyce, why would I ever need to “invent” stuff. I call what I see. As for more recent articles, the latest Vanity Fair piece is all over my news feeds this morning. I could post a link, but I’m sure you can find the front page of Vanity Fair on your own.

    No article is going to cover all off it. As with anything releated to Donnie, always follow the money and follow the grift, it leads to some nasty places.

  338. juice box says:

    pumps does not understand the stress of commuting to NYC or sitting in GSP traffic for an hour or more each way.

    I put up my blood pressure and resting heart rate a few days ago, it’ low do the removal of stress not because I am hitting the gym.

    It’s a moot discussion anyway, With schools not reopening full time, parents simply cannot go back full time.

  339. Fabius Maximus says:

    If Bill is in the Maxwell records. There should be a knock on the door in Chappaqua and an invitation extended for a quick chat in Fed Plaza. The same should happen for anyone else mentioned in those docs.
    For Donnie, it will have to wait until Jan 3rd, but those guys might have to take a ticket and join a long line.

  340. Fast Eddie says:

    As with anything releated to Donnie, always follow the money and follow the grift, it leads to some nasty places.

    https://us.hola.com/celebrities/gallery/20191212fiph7ufcy2/barack-obama-michelle-obama-marthas-vineyard-home-photos/1

    Any questions?

  341. SmallGovConservative says:

    Libturd says:
    July 30, 2020 at 11:33 pm

    I have a net worth that would make a lot of you blush…

    Over a billion? But seriously, that’s a compelling story of building a good life for yourself and your family through hard work and personal responsibility. I suspect many here have similar stories and share many of those same traits — living within (or below) one’s means, building successful careers, accumulating wealth not to be ostentatious but to ensure security. The types of people that I would vote for if they ran for mayor — BRT, Leftwing, Grim, JCer, Eddie among others would all get my vote. Out of curiosity, has anyone here ever run for/held an elected position?

  342. Fabius Maximus says:

    Grim, the earbuds are great until you run out of juice. I like the headset as I can run a wire to a power pack. If its noise I hit the mute when I’m not speaking.

    The AI noise canceling I’m sure works great. Its the other part that worries me. Its not to hard to start identifying all the other sounds its picking up and filing those off for Data Mining later. You could build up a nice profile of a person.
    At what point does the app pop up with “in hotel room, with not wife”?

  343. 3b says:

    Juice: You are right, it’s a moot point right now, but when schools go back, and they will go back, WFH will remain and continue to grow. It’s here to stay.

  344. SomeOne says:

    Eddie,

    Yes, we can follow Obama’s money and it will lead to a few books published by him and his wife. Obama likely makes a bit of speech money (he is a great orator and hugely popular).

    You cannot seem to fathom how one of the most popular ex-presidents, a widely respected orator, and an accomplished author, and who’d have a large presidential pension can afford a 11M house? Yet you regularly boast of getting huge raises, fancy cars, great house (granted, you are a prolific author on this blog).

  345. Blue Ribbon Teacher says:

    Out of curiosity, has anyone here ever run for/held an elected position?

    Probably not. One my best friends retired as a teacher maybe 7 or 8 years ago. He was routinely voted in as the best teacher in the school on an annual basis. It was his retirement job that he started at age 62 and taught to age 72. He was very successful in private industry prior to that. Most amazing person I’ve ever met.

    Once he retired, he immediately ran for Board Office to try to fix everything wrong with the district. The soccer moms on the board basically were able to freeze him out of every single important issue by assigning each issue to a “committee” and keeping him off all of the important ones. They loathed the idea of having a former teacher on the board. This is a guy who accomplished everything and anything he wanted with the snap of a finger and he couldn’t overcome the power hungry soccer moms on the board. He gave up after 2 years. After seeing how impossible it was to make any changes on the most local of levels, I can’t see it being worth the effort anywhere.

    Rudy Guiliani said the only reason he was able to accomplish anything in New York City was because he was voted in as a Republican and therefore, owed not a single local politician any favors. I’m assuming Bloomberg was in the same position.

  346. Blue Ribbon Teacher says:

    Ask Krugman about that liquidity trap (a Keynesian idea) that we would have no hope of getting out of in 2008 because, as he claimed, we did not have enough government spending at the time. The guy is a joke of an intellectual.

  347. joyce says:

    I don’t know. So why did you stand behind the claim the Feds were selling PPE to private companies so they could resell?

    Fabius Maximus says:
    July 31, 2020 at 9:24 am
    Joyce, why would I ever need to “invent” stuff.

  348. AP says:

    BRT, oh yeah, Bloomberg and Giuliani achieved a lot in NYC. Bloomberg in particular almost achieved a Supreme Court civil rights case. Stop and Frisk was a monumental achievement in civil rights violations.

    Bloomberg also stopped people from smoking in bars and restaurants. That was a nice touch. I remember when he told the police to stop people from dancing, like in the movie Footloose. That was a great achievement.

  349. AP says:

    BRT, you missed the point of that Krugman quote. It’s not about dogmatic Keynesianism. Its that the Republican use Objectivist, that infantile mock-philosophy as if it was a legitimate governing economic principle. It’s a sick joke.

  350. joyce says:

    Krugman LOL
    Sad he’s still asked for his opinion.

  351. AP says:

    Correction: Fotloose mayor was Giuliani, not Bloomberg.

  352. AP says:

    Ah, love me some Krugman, among other writers including conservatives, in the morning….

  353. joyce says:

    On what planet do republicans actually put into practice their conservative, fiscally responsible, “objectivist” (lol) words into actions?

    AP says:
    July 31, 2020 at 10:05 am
    BRT, you missed the point of that Krugman quote. It’s not about dogmatic Keynesianism. Its that the Republican use Objectivist, that infantile mock-philosophy as if it was a legitimate governing economic principle. It’s a sick joke.

  354. AP says:

    Joyce, you got me there! It’s just a thin “philosophica” cover

  355. AP says:

    Typo ….”philosophical”

  356. 3b says:

    Someone: Obama was a mediocre President at best,and did not accomplish all that much, especially with the whole hope and change thing.

    He of course joins the list of other mediocre Presidents, but avoids the bad list like young Bush who was a disaster. The point with Obama and others like Gore is they claim to be environmentalists, and concern about global warming, yet in Obama s case he has beachfront property in one of the most exclusive areas in the country, and in an environmentally sensitive area, where there should be no development at all, and Gore flies around on a private jet. AOC another environmentalist when running for Congress took Uber’s back and forth, yet there was a subway right near her office. It’s the hypocrisy of the left that bothers me, do as I say, not as I do, the rules apply to the little people.

  357. homeboken says:

    Fab – might be the first thing we agree on -. Anyone that is mentioned in the Maxwell docs needs to be brought into question ASAP.

    I don’t care if it’s a former or current president. I don’t care if it’s my favorite movie star or childhood sports hero.

    If you involved yourself with trips to Epstein’s islands,ranches or private jet, you should be questioned and investigated fully.

    Anyone that tries to defend anyone name in those docs needs to seriously evaluate their priorities.

  358. Fast Eddie says:

    You cannot seem to fathom how one of the most popular ex-presidents, a widely respected orator, and an accomplished author….

    That’s what irks me and why other’s fail so badly to see this… he’s not any of these things. He’s an “accomplished” author because people, very weak people, look to someone who might rescue them from their own hapless, helpless lives. He’s not a respected orator… he has this cringe-worthy manner that is so thin, so transparent that I fail to realize how others can be so duped by his line of bullsh1t. I grew up in the city, the son of a tavern owner, sat and listened… surrounded by Police Chiefs, a Monsignor from a local parish, a stand up comic that was on a first name basis with Sinatra, ex-cons who were members of one “organization” and did “jobs” for another “organization,” an Ivy League professor, dock workers, cops, firemen, you name it!! I can smell a bullsh1t artist 100 miles away. Oblama was a dupe and con artist FAR greater than anything Trump can possible approach. Oblammy is so-called “popular” because he played the masses… he told them what they wanted to hear.

  359. ExEssex says:

    10:39 oh FFS…. what color is the sky in your world??

  360. Blue Ribbon Teacher says:

    BRT, you missed the point of that Krugman quote. It’s not about dogmatic Keynesianism. Its that the Republican use Objectivist, that infantile mock-philosophy as if it was a legitimate governing economic principle. It’s a sick joke.

    Krugman infantile mock philospophy? Have you read him over the past 20 years?

  361. Blue Ribbon Teacher says:

    BRT, oh yeah, Bloomberg and Giuliani achieved a lot in NYC. Bloomberg in particular almost achieved a Supreme Court civil rights case. Stop and Frisk was a monumental achievement in civil rights violations.

    Bloomberg also stopped people from smoking in bars and restaurants. That was a nice touch. I remember when he told the police to stop people from dancing, like in the movie Footloose. That was a great achievement.

    You also missed breaking the mob’s stranglehold on the city and a consistent decrease in crime rate across the board. But don’t worry, we’ll get back to the good ol time of the 70s and 80s New York soon enough.

    Do you honestly expect any politician to bat 1000 during their time in office? Both of their terms were wins for the city. DeBlasio, he might be batting close to zero as far as I’m concerned.

  362. AP says:

    BRT, I’m just very concerned about authoritarian tendencies on American politics. Especially when it involves flagrant (and fragrant) civil rights violations.

  363. 3b says:

    Ahh NYC in the 70s and 80s!! Graffiti, crime, homelessness, drugs, fear,and so much more! Yes it really was that bad! And looks like we are going back to that time. De blasio, is an incompetent, ineffective, arrogant twit.

  364. 3b says:

    AP: well you have nothing to worry about now, NYC has de blasio!!

  365. Juice Box says:

    AP – Bloomberg is a republican?

    Big brother Michael was a Republican Mayor from NYC out of convenience only, he did not like the contact sport of running with the Democratic Party, so he flipped and spent $73 million of his own money to buy the election.

    He ran on the Democratic ticket for President and gave money to only democrats, lots and lots of money.

    I liked the proposed limit on soft drink size to 16 oz, too bad the NY judges ruled it exceeded the scope of the Mayor and Health Depts regulatory authority. There would need to be a state law allowing it, and Albany is worse than Trenton for grift so no way that was happening.

    Soda ban was a nice touch and proved the big brother knew what was best for you because even Comrade Deblasio like it.

    Stop and Frisk is over, it was implemented poorly. They tech exists today to identify who is strapped coming out of a Subway Station. They should have gone full Total Recall instead.

    https://www.youtube.com/watch?v=z02zi1S8vZQ

    NYC thrived under Bloomberg, to bad there aren’t more Billionares like him.

  366. Blue Ribbon Teacher says:

    What’s your opinion on what Eric Snowden exposed under Barack Obama?

  367. 3b says:

    More people convicted under the Espionage Act under Obama’s Presidency, than any other President. Of course the Espionage Act was Woodrow Wilson’s baby to silence opposition to US involvement in WW 1. We even had a government newspaper like Pravada for war propaganda.

  368. 3b says:

    And of course FDR Locke’s up Japanese Americans in concentration camps.

  369. Libturd says:

    “BRT, Leftwing, Grim, JCer, Eddie among others would all get my vote.”

    Smart people are equally smart enough to stay out of politics.

    I know/knew two politicians very well. I have an Uncle who served for many many years in the Maryland assembly. Though he didn’t take any favors nor was he corrupt whatsoever. He would share with us the many, many, many opportunities that were there for the taking. If you only knew how much a letter of recommendation for a kids college entrance could get you, you would puke. Fortunately, he only wrote them for the deserving. Often making the kid he would write them for spend a day with him in the office to see if they were deserving. He took a lot of pride in staying clean. Sadly, it did not help him politically as he had aspirations to go further, but could not get Democratic support without selling his soul.

    The other person I know started on a school board (I think), but refused to campaign for another Democrat who he had policy issues with. This spelled the end of his political aspirations. This is the guy who owns and runs Ironbound Cider. I’ve learned a lot from him over the years. Especially how corrupt NJ government is. Google Aerofarms’ David Rosenberg and Phil Murphy to see how easy it is to buy political favor. But have a barf bag nearby.

    As long as we have a two party system, we will never have good guys in leadership roles. Never.

  370. Libturd says:

    Piggybacking off of my anti-Trump rant last night, check out Republican Steve Schmidt, the man who ran John McCain’s 2008 campaign for President, who was interviewed on MSNBC over the weekend. In response to a very general question regarding the Trump Presidency, Mr. Schmidt spoke for two solid minutes and gave the most insightful and brutally honest response of what the Trump Presidency has done to our great country. He said: “Donald Trump has been the worst president this country has ever had. And, I don’t say that hyperbolically. He is. But he is a consequential president. And, he has brought this country in three short years to a place of weakness that is simply unimaginable if you were pondering where we are today from the day where Barack Obama left office. And, there were a lot of us on that day who were deeply skeptical and very worried about what a Trump presidency would be. But this is a moment of unparalleled national humiliation, of weakness.
    When you listen to the President, these are the musings of an imbecile. An idiot. And I don’t use those words to name call. I use them because they are the precise words of the English language to describe his behavior. His comportment. His actions. We’ve never seen a level of incompetence, a level of ineptitude so staggering on a daily basis by anybody in the history of the country whose ever been charged with substantial responsibilities.
    It’s just astonishing that this man is president of the United States. The man, the con man, from New York City. Many bankruptcies, failed businesses, a reality show, that branded him as something that he never was. A successful businessman. Well, he’s the President of the United States now, and the man who said he would make the country great again. And he’s brought death, suffering, and economic collapse on truly an epic scale. And, let’s be clear…. This isn’t happening in every country around the world. This place. Our place. Our home. Our country. The United States. We are the epicenter. We are the place where you’re the most likely to die from this disease. We’re the ones with the most shattered economy. And we are, because of the fool that sits in the Oval Office behind the Resolute Desk.”

    And Krugman is the absolutely worst economist (worse than Laffer even) I have ever read in my life. His inability to remove political bias from his analysis has made him a laughing stock of the economic community. He is a really big stain on the New York Times, which at one time, was a truly amazing news source.

  371. Libturd says:

    Finally,

    Stop using crime as a measure of political effectiveness. It’s the direct result of the state of the economy. It always has been and always will be. The worst part is listening to cops and politicians take credit for the drop in crime. Even in Republican governed cities, crime is way up this year. Crime is based on need. When scumbag criminals are sated by an economy that raises all ships, they will perform less crime. It’s really that simple.

  372. 3b says:

    Lib and there will never be a viable third party, that’s how they want it. I agree with the analysis on Trump, but I respectfully suggest that you give Obama an undeserved pass. He was arrogant and uninspiring, and did not exhibit leadership. It was all about him. There were no personal scandals so that’s a plus. But he goes on the mediocre list at best.

  373. homeboken says:

    3b/Lib – if we can’t get a legit 3rd party then we all must insist on term limits.

  374. 3b says:

    Homeboken: I have been a proponent of term limits for years in addition to having one 6 year term for President. Also need to dramatically curtail if not eliminate lobbying efforts and get money out of politics. Not an easy task, but if not we will continue to decline as a nation.

  375. Libturd says:

    I never gave Obama a pass. From the day he releases the porkulous to his last day in office, I felt he wasted an incredible opportunity to do some great things. Though, I’m a huge supporter of single payer insurance, his ACA was 100 times better than what we had previously. It’s a shame divisive politics ruined it (even though it was Mitt’s plan). I credit him with getting it passed. After that, I was impressed with how hard he tried to shield his kids (and wife) from the spotlight. But that’s hardly presidential. I disagreed with the Iran Uranium agreement too. At the end of the day, I would put him up there with the elder Bush. But Trump? He has so much blood on his hands, that it’s mind boggling. Worst of all, he brought us Biden, when what we really need is a Bernie. The whole communist/marxist thing is complete bullsh1t. He wasn’t perfect in that he was too inflexible, but paying back ever corporate donor, which was essentially what Obama did for eight years is now back for four more. On the bright side, this tends to be good for the market. Much less disruptive than Trump’s roller-coaster on again, off again trade policy repair failures among other things.

  376. Libturd says:

    I agree with all of it. Getting money out of politics is by far the most important. Amazon will be the death of our country otherwise.

    These anti-trust hearings are all a complete sham.

  377. Fast Eddie says:

    Oblama gave us Trump.

  378. SmallGovConservative says:

    Libturd says:
    July 31, 2020 at 11:27 am

    “Stop using crime as a measure of political effectiveness. It’s the direct result of the state of the economy…”

    Strongly disagree. While economic conditions certainly factor into crime rates, saying it’s the only factor only serves to excuse the malfeasance of (largely) Dem mayors. The blueprint for fighting crime in our large cities was laid out by Giuliani and Bloomberg (and their police comms), and is very simple…
    – aggressively police petty, quality-of-life crimes so that a culture of criminality (acceptance of crime) cannot take root
    – be very disciplined in the collection and assessment of crime stats and data
    – allocate massive resources to areas of high crime (follow the data)

    NYC achieved a golden age under G/B in large part because they ‘fixed’ the crime issue. DeBlasio is deliberately ignoring all three (as has every Dem mayor of Detroit, Chicago, Baltimore, etc) and the results speak for themselves.

  379. 3b says:

    Lib: We are pretty much on the same page all around. I too wanted Bernie as you know. And I can’t deny Fasts comment that Obama gave us Trump; there is a lot of truth in that, or perhaps more accurate is the Dems gave us Trump.

  380. homeboken says:

    3b – and the DNC shenanigans of running a mummy in Joe Biden that will be nothing more than a vessel for hundreds of unelected technocrats will give us 4 more years of Trump.

  381. AP says:

    You know, you guys are right, Krugman is cancelled by me. From now on I’m getting my macro economics analysis from Kudlow only.

  382. 3b says:

    Home:It certainly will be interesting I am back and forth, some days I think Trump is finished, and others I am not so sure. If he does loose, I don’t think it will be by as much as current polls indicate. However, if he wins, there may be anarchy in large parts of the country especially the urban areas.

  383. grim says:

    The AI noise canceling I’m sure works great. Its the other part that worries me. Its not to hard to start identifying all the other sounds its picking up and filing those off for Data Mining later. You could build up a nice profile of a person.
    At what point does the app pop up with “in hotel room, with not wife”?

    We did the full infosec reviews with them and our auditors. We needed to ensure the tool was secure enough to be used in industries where protecting PII was key. Voice streams don’t leave the PC, processing is all in memory, voice print models don’t store anything that would be recognizable as “information”, there is not actually any kind of speech to text analysis.

  384. AP says:

    Juice, “NYC thrived under Bloomberg, to bad there aren’t more Billionares like him.”

    Bloomberg represents the ultimate in technocratic thinking. Unfortunately cities, like countries, are complex systems where actual human beings live in.

  385. joyce says:

    Why would you say that?

    AP says:
    July 31, 2020 at 12:11 pm
    You know, you guys are right, Krugman is cancelled by me. From now on I’m getting my macro economics analysis from Kudlow only.

  386. AP says:

    joyce, just being ironic. I’m not a Keynesian or a Krugman fan-boy. Just thought the reaction to that fairly innocuous quote was fierce.

  387. homeboken says:

    If Hillary had beaten Trump in 2016, then we would have NEVER heard about these Maxwell revelations.

    Slick Willy and Alan Dershowitz are having really bad days. But the fact that the FBI was presented some of this evidence, as early as 2007, is a national disgrace. The FBI should be neutered immediately, until we get to the bottom of this.

  388. Libturd says:

    I downloaded Krisp. I haven’t noticed much of a difference, but all of a sudden, I’m craving a glazed donut. I kid.

  389. Libturd says:

    699 positives in NJ today. We’re back. Thank your bad parenting. School’s ain’t happening here. Sorry folks. By September first, we are going to be back in the thousands. And it’s the teenagers that are spreading it. RT is 1.35 now. It’s April all over again. At least HMB will have company.

    My main squeeze’s (before I married Gator) best friend lost her mom last night. Her Facebook post was heart-wrenching. You had to know the family. They were Persian and the most generous people I know. Also, incredibly sassy.

    ————————————————————————————————–

    Today is the last time I will walk through my mothers house. This is the last tangible place that she was. It was the last place that I saw her separated by the glass of her front door. This is the last place we made memories together and tomorrow it will belong to someone else. She is not supposed to be gone. This was not supposed to happen.

    I am not posting this for sympathy and I am certainly not posting it for likes or comments. I am posting this to remind everyone that even if you have not been directly touched by Covid-19 as my family has that this is not a political issue. It is a health crisis that everyone in the world is facing. We are all fighting Covid-19 just not together.

    It breaks my heart that with almost 150,000 people dead in the US alone that people are still going out to parties like nothing is happening. The only way we are going to beat Covid-19 is if we do it together as the human beings we are and to stop acting like animals.

    We need to stop getting sucked in by politicians on both sides trying to sway the decisions we make for the health and safety of our friends and family. For the safety of our children. When it comes to Covid-19 listen to the science. Follow the guidelines, wear a mask, you could save a life.

    I wish my mom had that chance.

    ————————————————————————————————

    Yes, I am still in touch with most of the woman I dated seriously. There was a good reason a dated them. Though sometimes I need reminding of what it was.

  390. joyce says:

    Because Krugman is pathetic. I don’t recall much positive comments for Larry Kudlow around here.

    AP says:
    July 31, 2020 at 12:39 pm
    joyce, just being ironic. I’m not a Keynesian or a Krugman fan-boy. Just thought the reaction to that fairly innocuous quote was fierce.

  391. AP says:

    Joyce, “I don’t recall much positive comments for Larry Kudlow around here”

    That refers to the fact that it is hilarious that we are scandalized that Krugman has a daily NYT column at the same time as Ludlow. Priorities people!

  392. SomeOne says:

    Lib,

    Sorry for the loss.

    Surprised that the woman needed to a “politicians on both sides” argument and right away saying “listen to the science” and “wear a mask”? The battle lines have been drawn a while ago with respect to following science and wearing masks.

    There was no need to sit on fence on “wear a mask” argument. There are good politicians who strongly encourage mask wearing and social distancing (Dem and GOP), and there are idiot politicians that are against masks (overwhelmingly GOP and the rot starts from the top). Listen to the good ones and don’t listen to idiots.

  393. AP says:

    Typos, sorry : )

  394. Blue Ribbon Teacher says:

    The reaction was purely demonstrating that I do know who Keynes is, and the poster of the message peddled Keyne’s ideas to describe why we would be stuck in price deflation from 2008 and the decade that followed. Both Keynes and Krugman have no authority in their own fields, or fields outside of them.

    As for economists, 99% of the field is composed of primitive ideas. It’s called the dismal science for a reason. The superstars in the field on both sides are the ones who seem to try to bring politics in with their theories to bolster their ideological beliefs.

    No one here has ever praised Larry Kudlow.

  395. AP says:

    BRT, you don’t have to be Keynesian to understand the point of that quote, bud. At a simple level, the point is that reduce unemployment now will reduce demand. Genius move.

  396. AP says:

    Are you a landlord in the city? I hope your tenants can still pay rent after this move? What jobs?

  397. AP says:

    It’s not an ideological thing anymore folks! It’s about pragmatism and what actually works to dig out of this hole.

  398. Bystander says:

    Bush gave rise to Obama, who gave Trump who is giving us back Obama /Biden. Man I thought the plot from Dark was complex. Great Netflix show btw.

  399. Libturd says:

    Bush 2 gave rise to Obama. I would argue that the DNC gave us Trump through the backing of HRC.

    She really WAS flawed.

    For some unknown reason, contributions to the Clinton Foundation have now dropped from >200 million in 2015 to about 20 million annualy. It appears that being SOSUS brings in significantly more in contributions than when you are simply a citizen. Nothing to see here folks.

    It’s a lot like giving a gift to Menendez in exchange for Medicare contracts. Of course, you can’t prove it. Nor can you prove that the $2 I gave the cashier at Dunkin for my coffee this morning was actually for my coffee. Oh wait. If it wasn’t, then the cashier would be guilty of stealing. It’s good to be a politician.

  400. AP says:

    NJ Police boss says many will retire:

    “Many of the retirements are not necessarily from the rank and file, but rather the top brass, he said.”

    “However, the union boss does expect to see the same “brain drain” that unfolded in 2011 after former Gov. Chris Christie’s Chapter 78 law went into effect, which forced public employees to pay a portion of their health benefits. Colligan said he doesn’t recall the exact number of retirees from that time, but estimated it was “hundreds and hundreds.”

    https://www.nj.com/news/2020/07/significant-number-of-nj-cops-expected-to-retire-top-union-boss-says.html

  401. JCer says:

    AP I’m a landlord, I have a vacant apartment in Jersey City, it’s not good. Rents are already falling, I had a person ready to sign a $3500 a month lease when covid hit, rents are already closer to 3k for similar apartments and my broker wants me to drop the rent.

    Politics have been a mess for a while and I’d mark the beginning of the decline to Bush, maybe Clinton planted the seed. But the full scale sell out of the US happened under Bush and accelerated under Obama, no one made any attempts to stop our enemies or to rectify the situation where our companies were selling out their country for short term profits. China could have been brough to heel in the 90’s or early 2000’s, now it is increasingly more difficult. This phenomenon explains the rise of Trump and Bernie……

  402. 3b says:

    Bystander When the silly Democrats realize they were tricked with Biden, then there really will be a hard surge left come 2024. Stupid DNC, and stupid short sighted Greedy corporate America, now you are going to be screwed!!

  403. joyce says:

    I don’t follow you at all. If people were posting Kudlow’s flawed/politically infused comments masquerading as economic analysis, some of us would jump on it as well.

    AP says:
    July 31, 2020 at 1:25 pm
    Joyce, “I don’t recall much positive comments for Larry Kudlow around here”

    That refers to the fact that it is hilarious that we are scandalized that Krugman has a daily NYT column at the same time as Ludlow. Priorities people!

  404. AP says:

    JCer, I agree with basically every word you said, my friend. This storm will pass, I trust. It might be a colder than usual Winter for the unemployed though.

  405. Libturd says:

    3b, Exactly. And it’s not partisan.

  406. AP says:

    Joyce, I just thought his specific comment today, the one I posted, was well put. It was an argument against ideological rigidity in face of a crisis. But I probably could/should have have provided more context for why I was posting it and the point I was hoping to make with it. Learning on the job here : )

  407. joyce says:

    This following comment is in no way related to Krugman, economics, ideology, etc… it is about principles.

    Times of crisis are when it is most needed for us to stick with our country’s principles: constitutional/legal, policies & procedures. This is when power is grabbed and never given back – emergency measures becomes permanent. This is when safety, security, pragmatism, ‘whatever it takes’, ‘just get it done’, are elevated above all else… questioning leaders is considered unpatriotic. That is wrong in my opinion. To finish my random comment on a dramatic note… this is how american citizens ended up in internment camps.

  408. joyce says:

    masks should be outlawed… for security

    US agency: Pandemic masks thwart face recognition tech up to 50% of the time
    By Matt O’Brien
    Associated Press

    GAITHERSBURG, M.D. — Having a tough time recognizing your neighbors behind their pandemic masks? Computers are finding it more difficult, too.

    A preliminary study published by a U.S. agency on Monday found that even the best commercial facial recognition systems have error rates as high as 50% when trying to identify masked faces.

    The mask problem is why Apple earlier this year made it easier for iPhone owners to unlock their phones without Face ID. It could also be thwarting attempts by authorities to identify individual people at Black Lives Matter protests and other gatherings.

    The National Institute of Standards and Technology says it is launching an investigation to better understand how facial recognition performs on covered faces. Its preliminary study examined only those algorithms created before the pandemic, but its next step is to look at how accuracy could improve as commercial providers adapt their technology to an era when so many people are wearing masks.

    Some companies, including those that work with law enforcement, have tried to tailor their face-scanning algorithms to focus on people’s eyes and eyebrows.

    NIST, which is a part of the Commerce Department, is working with the U.S. Customs and Border Protection and the Department of Homeland Security’s science office to study the problem.

    It tested the software by drawing digital masks onto the faces in a trove of border crossing photographs, and then compared those photos against another database of unmasked people seeking visas and other immigration benefits. The agency says it scanned 6.2 million images of about 1 million people using 89 algorithms supplied by tech firms and academic labs.

    Under ideal conditions, NIST says the failure rate for the best facial recognition systems is only about 0.3%, though research has found significant disparities across race, gender and age. Add masks and the failure rate rises to 5% or worse. When confronted with masks, the agency says, “many otherwise competent algorithms failed between 20% to 50% of the time.”

    Even before the coronavirus pandemic, some governments had sought technology to recognize people when they tried to conceal their faces.

    Face masks had become a hallmark of protesters in Hong Kong, even at peaceful marches, to protect against tear gas and amid fears of retribution if they were publicly identified. The government banned face coverings at all public gatherings last year and warned of a potential six-month jail term for refusing a police officer’s order to remove a mask.

    Privacy activists, in turn, have looked for creative ways to camouflage themselves. In London, artists opposed to high-tech surveillance have painted their faces with geometric shapes in a way that’s designed to scramble face detection systems.

    Then came the coronavirus outbreak, when health experts around the world began strongly encouraging everyone to wear masks that cover the mouth and nose.

    NIST’s preliminary study says what masks people wear, and how they wear them, makes a difference to facial recognition systems. The results are mostly unsurprising: The more facial features that are covered, the harder it is to recognize the person beneath the mask.

  409. Libturd says:

    Joyce,

    You crack me up.

  410. ExEssex says:

    11:47 the southern conservative voter & midwestern swing states
    gave us Trump.

  411. Phoenix says:

    “questioning leaders is considered unpatriotic. That is wrong in my opinion. To finish my random comment on a dramatic note… this is how american citizens ended up in internment camps.”

    Powerful statement that is hard to disagree with..

  412. Bystander says:

    3b,

    The reason things will turn left is because too many low income/blue collar people of being thrown for dead while Fed reserve feeds corporate dogs all the nice red meat. We are in year 12 and Powell is throwing all ammunition and gas he can. They have been lifting the boats of exec board by flooding cash for corp stock buybacks. While many of us here are shrewd enough to play game, the vast majority of population are not moving up in life with stock pumping. It then becomes ‘what kind of country’ discussion. It also feeds into gender inequality, I look at my wife, mother and 2 of 3 sisters and not one could tell you what Dow is…seriously. They would have no idea how to invest and track wealth. Clearly still a man’s world..fair or unfair. Something more basic needs to happen for workers of this country. I would start with outlawing corp stock buybacks (again) and upping H1b salary to 15oK. Go from there..term limits would be great but not holding breath. D or R, don’t care as long as sane.

  413. Blue Ribbon Teacher says:

    AP I’m a landlord, I have a vacant apartment in Jersey City, it’s not good. Rents are already falling, I had a person ready to sign a $3500 a month lease when covid hit, rents are already closer to 3k for similar apartments and my broker wants me to drop the rent.

    Maybe list it to cash in on the hysteria of flight from New York. My sister has lived in NYC for 2 decades and I’d never thought she would move out. She told me yesterday she wants out.

  414. Bystander says:

    Jcer,

    Truly appreciate your posts and overall honesty. You are the first person in awhile to admit that some segments of real estate are struggling. Hope it works out for you.

  415. Phoenix says:

    ” I look at my wife, mother and 2 of 3 sisters and not one could tell you what Dow is…seriously. They would have no idea how to invest and track wealth. Clearly still a man’s world..fair or unfair.”

    And none of them would be able to tell you what a throttle body, transistor, tie rod end, aileron, coax, choke tube, ball joint press, impeller, Kirchoff’s law, stoichiometric ratio, or the coffin corner are.

    OTOH, they would know which Fendi purse to buy, or how you dress, your watch, your car and your career can help them get wealthy. So yes, they can track wealth.

    More women go to college than men do, plus all colleges have “women’s centers” where they can get all of the assistance they need to further their education. Most colleges don’t have a “men’s center.” You are a young male, lost, broke up with a girl, family problems, no place for you to go.

    So if women want to learn about how to save and invest, all they have to do is to flip the solenoid from left to right-from fashion, hair, makeup and shoes to financial planning.

    Or just do it the old fashioned way, marry a rich man. That is always effective.

  416. ExEssex says:

    The folks who saved and scored were in it early somewhat big, and for the long haul.

  417. 3b says:

    Bystander: I agree, and have been saying it for years now, but it’s not just the blue collar low income folks it goes much further up. Away from the stock market and real estate market which are both overinflated due to extraordinarily low interest rates, things are rotten.

  418. 3b says:

    Essex No you and your fellow Dems gave us Trump. Bernie was too
    scary for you all.

  419. Fast Eddie says:

    Bystander,

    Man I thought the plot from Dark was complex.

    Lol. Currently into season two, pretty interesting. It’s the bootstrap paradox!

  420. Juice Box says:

    Just finished listening to Dr. Radio on my ride to pick up kids from camp. Guest was a trauma doc from Miami. They are seeing more cases in young people for sure, outcome is better do to steroids, remdesivir, prone position, and anticoagulants. More and more cases daily, car crash trauma cases come in infected, speeding like crazy down there do to less traffic and perhaps less enforcement make it difficult for the emergency room people to do their jobs with trauma patients who are also infected, car accidents are way way up.

    Mask wearing is finally picking up there.

  421. Bystander says:

    Phoenix,

    Whether they can is not the issue. My mother worked at a college for years and raised 6 kids and my dad divorced her after 20 years. My sister will never get married but works at decent regional bank but they moved role to hourly. My other sister works for non-profit foundation with no benefits and has two younger daughters and mostly unemployed husband (who thinks he is DC blue blood). They all work(ed) hard but they relied on salaries which have mostly stagnated. Would bet many women are in this boat, particularly all single mothers trying to survive.

  422. homeboken says:

    Just to counter Libs gloomy outlook

    There were zero hospital deaths from COVID in the last 24 hours. That hasn’t happened since March 10.

    Source – Gov Murphy tweet

    People are gonna catch this disease. We were never, ever going to stop the spread. Infact, from day one the phrase was “slow the spread or flatten the curve.”
    Not sure why people getting sick, and recovering, is such a bad thing.

  423. Juice Box says:

    Phoenix – you are starting to sound like you need reassignment surgery.

    Man up, if you need a friend by a dog. If you need some T&A you can charge that one no problemo and no attachment needed.

  424. Juice Box says:

    re: “Not sure why people getting sick, and recovering, is such a bad thing.”

    Yes Yes you kinda of got it, because death is only one outcome.

    I have been following patient zero in NJ, his name is James Cai, a young man of 32. His lung function has not recovered, been a long time now, still needs to take oxygen from time to time.

    If you listen to doctor radio besides the lung issue that might kill you it affects everything including eyesight, yes people have been blinded by Covid.

    https://twitter.com/jamescainjnyc?lang=en

  425. Bystander says:

    Another thing women fill mostly low paying, high responsibility jobs that keep fabric of society going. My specials needs son has been in therapy for 3 of his 4 years. I don’t recall one male and probably close to 50 people who has interacted between state programs, teachers, occ therapist, physical therapist, special ed assessors, speech, feeding, behavioral therapist, BCBA etc. Sure, some of them make a decent living but many are hourly and paid cr*p. I thank god women have taken on such responsibility for such little financial reward. It is not easy. They have to note and track everything.

  426. Juice Box says:

    Joyce -face recognition is already banned in many places and will eventually be law everywhere except for perhaps the airports.

    It can be fooled too.

    Second reference to Total Recall

    https://www.youtube.com/watch?v=9v-33jcEDk4

  427. Phoenix says:

    Juice,
    If you knew the whole deal you might reconsider your statement so I will give you a pass on your comment based on lack of knowledge.

    However, nothing I stated was not true. I just don’t think women are always at a disadvantage nor victims of everything in life. Nor do I find them to be any more/less capable of being more altruistic then men.

    Feel free to PM Stu, he has my number. I’ll talk with you if you really want to know.

  428. Phoenix says:

    Bystander,
    There are reasons men don’t take those jobs if you think about it hard enough.
    It’s not just the money.

  429. Juice Box man says:

    Bystander – “hear, all ye good people, hear what this brilliant and eloquent speaker has to say”

    Men are on the outs today, take a look at the Instagram demographics.

    BTW – The Instagram photographic filters are the reason why it’s so popular, to bad our own eloquent member Libturd did not found it 10 years ago.

  430. Bystander says:

    Yes, I want zero men hanging around my children. I get it, but low financial prospects are a big part as well.

  431. Juice Box says:

    Phoenix – I try to add a little comedy to this sometimes dreary place, it’s the cost of doing business, don’t jump off a bridge and no I don’t need your pass. If you manage to virtually kick me in the nuts I will send you a trophy.

  432. Phoenix says:

    Bystander,
    It’s choice. Plenty of female lawyers, doctors, etc, that make great incomes.

    The access for women to go to any school they want is greater now than ever.

    Teachers, occ. therapists, physical therapists- are you saying these are not good careers or do not pay well? What about NP’s or PA’s, plenty of women there as well making what I and many Americans consider a decent salary.

    Unless 300k minimum is what is to be considered good today. Then you have to step up to the first two I mentioned.

  433. Phoenix says:

    Thanks for the humor, I can handle it.

    I’ll virtually kick you when the time is right. It’s all good.

    Or if there ever is a GTG we can laugh over some of Grim’s solvent.

    And about Covid you are right. It does affect many things. And I know as I am in that field. If you get it you need luck on your side.
    And watch your weight.

  434. Bystander says:

    Phoenix,

    Yes, of course but society collapses without millions of college-educated women taking on helping children with charity work, social work, daycare, teaching and special ed jobs that will never pay six figures. That is just reality of life. We need their cheap labor.

  435. Juice Box says:

    Phoenix = Boring.

    A friend of mine an awesome programmer recently divorced who is fit and pushing 50 has been there done that with every rich or pretty or crazy one from here to there on dating sites. Man is a dating machine, two to three different women a week for over two years now. Makes me proud, I almost cried.

    You are going to need to toss that nonsense already. Marriage is not needed or asked for anymore by these women they don’t want you around except for dates.

    Go live the dream now, it won’t wait much longer.

  436. AP says:

    Bystander, in order to maximize prosperity and to make it sustainable we have to think more in term of the “fabric of society”.

    It’s not mushy, do-gooder stuff, it’s about investing in the human infrastructure of our society. Again, providing more access to free or affordable health care would help this demographic so much. Everyone really.

  437. 3b says:

    Fast Dark was excellent! Lots of great European made movies on Netflix. Funny all the actors and actresses look like everyday people for the most part. No Hollywood glamour types or or pretty boys.

  438. 3b says:

    Juice: According to my Irish Aunt, God Bless her, never married but an expert on
    Marriage and children. There is no such thing as love these women especially middle age women are looking for security. This is her comment regarding my divorced brother when he is dating.

  439. Juice Box says:

    3b – I may have someone of all flavors if you know that want or needs an Irish american connection, no insurance or guarantees taken.

  440. Phoenix says:

    Juice,
    It’s not about that. But I don’t expect you to know as there is so much more to it.

    It’s all good.

  441. Phoenix says:

    “Yes, of course but society collapses without millions of college and non college educated men taking on jobs that help everyone with charity work, garbage disposal, roofing, framing and truck driving jobs that will never pay six figures. That is just reality of life. We need their cheap labor.”

    No gender has the lock on cheap labor.

  442. Democratnomore says:

    “You are a young male, lost, broke up with a girl, family problems, no place for you to go.”

    College counseling at major universities is available to all students, not just women.
    The same information that was handed out to my daughter regarding mental health services was handed out to the freshman men.

  443. Phoenix says:

    Demo,
    Don’t disagree completely, but why is there a women’s center and not a men’s center-especially when there are more women graduating then men?

    You would think colleges would step up their game.

    “Poor Girls Are Leaving Their Brothers Behind
    As a college education becomes increasingly important in today’s economy, it’s girls, not boys, who are succeeding in school. For kids from poor families, that can make the difference between social mobility and a lifetime of poverty.”

  444. The Great Pumpkin says:

    As articles continue to show that company after company believes it is a good idea to embrace employees working 100% remote, an uncomfortable thought sinks in. What if SpaceIQ followed Twitter CEO Jack Dorsey’s vow to let his employees work from home “forever?”

    There are organizations like Gitlab that have been successful in 100% remote work. However, it’s a tech company and employees knew what they were getting into when they signed on. I doubt healthcare, banking, or manufacturing could ever move to 100% work from home (WFH). But what about a SaaS company like SpaceIQ, or its owner Archibus-Serraview?

    I am a proponent of remote working to some degree because it allows you to source the best talent and, ultimately, create a workforce culture that supports flexibility. Before COVID-19, employees weren’t pushing for 100% remote working. We wanted flexibility in our work schedules and accommodation from our employers. There are some of us who’d like to start later in the day because “productivity” and “morning” aren’t compatible. And what about parents who need to drop kids off at school after the start of “normal” work hours? The list goes on: put in a day’s work even when we’re sick; save a PTO day for a real vacation, not watching a plumber fix the water heater.

    We’re asking for freedom to work when we want, how it is best for our productivity, and where we can get the job done while supporting our teams.

    There are many disadvantages to 100% WFH—excluding mandated remote work due to COVID-19. Here are 10 reasons to think “flexibility” instead of “entirely” when it comes to WFH.

    https://spaceiq.com/blog/work-from-home-not-a-forever-option/amp/

  445. ExEssex says:

    4:38 Bernie was too scary for everyone.
    Pharma hated him. So naturally, I too hate him.

  446. democratnomore says:

    All kids from poorer families and all first-generation college kids will face similar hurdles, even the brightest kids from poor rural areas. Rural xyz high school may not even offer calculus at all. Whereas my d finished two semesters of community college calculus in high school when she arrived to college.
    I don’t know what one would do at a Women’s center. My daughter who is a math major (not the education track) is very prickly about women in STEM advocacy groups. She says “why would I sit and advocate/talk about about women in STEM when I could go to the library and actually study math.”

  447. democratnomore says:

    I guess my point is, schools should be pushing to support all students to actually finish. Especially in light of the debt kids taking on.

  448. ExEssex says:

    7:35 oh but I’m aDeMocrat Noooooo more.

  449. Blue Ribbon Teacher says:

    I don’t know what one would do at a Women’s center. My daughter who is a math major (not the education track) is very prickly about women in STEM advocacy groups. She says “why would I sit and advocate/talk about about women in STEM when I could go to the library and actually study math.”

    Your daughter sounds like the real deal. Although, I would recommend she goes to them just to make contacts. She’ll likely be sick to her stomach listening to all the crap the peddle there. But here’s why. Someone there will hire her for a nice job. When I was in graduate school, there were two types of women chem or engineering grads. Ones who belonged and ones who didn’t. The girls like my wife were the real deal in their science department and we had a lot of them. The others, were often pushed into the program by these advocacy groups. Here was the problem, they were all given nice fellowships by default because they were underrepresented as women in science. When the girls who couldn’t hack it were exposed, they got pushed through the program and graduated early without doing much work. They would do this to make the fellowship grants appear successful. This money came from the NIH and it was millions of dollars. This really irked the competent girls in the department because they took longer to graduate because no one was pushing them through. That being said, even the girls who got pushed through were consistently setup with cushy jobs because these meetings were loaded with HR women from big pharma who were looking to hire them.

    The girls in graduate school usually were paid $30k compared to the boys getting $18k. Their fellowship was also tax free so there was even more disparity.

    Now don’t get me wrong, we had a lot of guys in the department who couldn’t hack it either. Here’s the thing. They weren’t pushed into the program, and when they showed signs of not being able to cut it, they got kicked the heck out.

  450. Phoenix says:

    “I guess my point is, schools should be pushing to support all students to actually finish. Especially in light of the debt kids taking on.”

    Agreed.

  451. Phoenix says:

    BRT

    Elizabeth Anne Holmes comes to mind.

  452. Blue Ribbon Teacher says:

    Well, with respect to her, I think she probably did have the intelligence to make it through those programs. The fact that she was dropping out early to start her company was one of her primary deflections. Although, I kinda figured it was nonsense. I’ve taught college courses and even the most brilliant kids I’ve ever worked with are no where near building up the understanding all the background science and being able to build fancy lab equipment by year 2. It was very apparent in her interviews that she didn’t have a solid understanding of science. Great swindler though.

  453. 3b says:

    Juice: will let you know. At the moment my brother is taking a break from the dating scene, and my Aunt is happy!

  454. 3b says:

    Pumps Give it a rest with your anti WFH articles. I figured you spent the day looking for anti WFH articles after Libs eloquent arguments as to how it’s such a quality of life improvement for those who actually work in corporate America, not for a school teacher from Wayne who is concerned WFH is going to negatively impact their house value. You have no say in the issue except your own selfishness.

  455. The Great Pumpkin says:

    3b,

    Give it a rest…maybe you will be right this time, but I wouldn’t count on it.

    Btw, it was a quick 1 min search of articles in the past week. There’s a lot more, but I’m not posting them all. Just posting to show you other people don’t agree with you. That work blog prob knows a little more than the avg person on the subject.

  456. Libturd says:

    “The Instagram photographic filters are the reason why it’s so popular, to bad our own eloquent member Libturd did not found it 10 years ago.”

    Heck…my investment in Adobe is doing just fine. Sadly, it’s about the only individual stock, besides Amazon, that is worth holding from my portfolio that used to have 20 solid risk averse names in it. At the end of the day, I’m kind of happy I’m not filthy rich. I know a few who are in town and they all equate wealth with intelligence. I often see an inverse relationship.

  457. No One says:

    I’m associated with Objectivism. Krugman willfully misrepresents the philosophy. The philosophy has minimal influence on actual Republican politicians. It has some slight influence on some think-tanks, but not much.
    The world would be a much more rational and prosperous place if the actual ideas of Objectivism were influential. Meanwhile, Keynesianism and central planning that Krugman favors dominates political-economic policy, and he pretends its failures have nothing to do with them. He is a miserable little leech.

  458. Democratnomore says:

    Blue
    Thank you. I will tell my daughter to hold her nose and go to these things. Math may be a little different because there are very few girls in my daughter’s upper-level
    classes …between 10 and 20%. It was tough at the beginning but she has not given up and is now gettings As. It was a big transition from calculus to proof writing.

  459. Chicago says:

    Never EVER take this bait.

    Posts rhetorical nonsense. Then provides a link to something that is related, but does not support the assertion. Has the gall to write that the link provides self-evident support. It does not.

    Rational people should ignore, but the logical response it to post a clear refutation.

    THAT is the trap. He wants you to waste time. It is how he amuses himself. At bottom, he is a troll.

    Fabius Maximus says:
    July 30, 2020 at 3:58 pm
    Joyce, Because as was shown in the PPE discussion, I was done with the discussion. I posted the links and told you to investigate it further on your own. I am not your Research Monkey.

  460. Chicago says:

    Driving back from PRI today

    Crossed in NJ via I-78. Welcome to New Jersey sign is gone. Was that intentional?

    Also at 7PM. 287, Driscoll Bridge and GSP empty.

    Creepy. WTF is happening?

  461. AP says:

    Objectivism is funny to me. I’ve read more Objectivism dreck than I care to admit back in college. First girl I dated in college, beautiful blond with blue eye from Kentucky of all places, introduced me to it.

    I’ve read not only probably everything by the mad queen but also everything by Branden, even the unbelievable “academic” journals that the Objectivist Institute (or something like that) used to put out in the 50s and early 60s.

    I was a young kid, left home with 600 bucks in my pocket. Got along with my parents great, but dad was …temporarily low on reserves.

    Went head first into that stuff because I was looking for certainty and simple black and white rules to navigate the world on my own. But turned out that Objectivism is not a philosophy in the common usage of the word, but a strange dogmatic ideological fortification of sorts.

    It doesn’t reflect a real encounter with other traditions and thinkers, doesn’t accept correction, it works backwards from a certain desired political posture out in an epic and history spanning search for self-justification. Sadly it truly finds none.

    For those interested in other, more authentic and fleshed out American philosophical frameworks I recommend a look at American Pragmatism instead. I find it to be much more interesting and fertile grounds, for example.

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