34 NJ breweries now offering free beer for COVID vaccines
Another 21 breweries in the state are offering free beer to anyone over the age of 21 who gets their first COVID-19 vaccine in May, according to Gov. Phil Murphy, bringing the total list of participants to 34 breweries.
“Many more craft breweries up and down the state have asked to be part of our ‘Shot and a Beer’ program,” the governor said during his daily COVID-19 press briefing on May 5.
There were an initial 13 participants announced on Monday, in what became a national headline: Get a vaccine and win a free beer.
It’s part of an aggressive marketing effort under “Operation Jersey Summer” to fully vaccinate 4.7 million New Jersey adults by June 30. As of May 5, the state fully vaccinated 3.2 million adults who live, work or study in the state.
“Let’s keep our eye on the finish line. This is a marathon, and we have now passed … the 20-mile mark. But it’s always that last 6.2 … that is the biggest test, and the hardest,” Murphy said.
Foist
Were you all talking about this the other day?
https://www.rollingstone.com/tv/tv-lists/best-tv-sitcoms-1162237/review-comedy-central-2014-2017-1162380/
I’m shocked to see All in the Family (Archie Bunker) – in at the #5 position for all time best sitcom.
Henry Rollins and telemarketers
NSFW
https://youtu.be/SZ_y2cndiow
Family Guy is still on since 1999. I guess they did not use ratings?
I’m shocked to see All in the Family (Archie Bunker) – in at the #5 position for all time best sitcom.
You expected it to be No. 1 or somewhere in the top 20?
Grim
I’m surprised the woke movement hasn’t cancelled all in the family and cheers
And how can they rank spongebob only 34th?
Waiving IP protection for covid vaccines, especially the mRNA variants, seems like a dumb move.
Why not use the DPA to build new vax and precursor plants domestically, to supply the world? Subsidize the whole thing, be the hero of the world. Instead, why let China do it?
Waiving IP protection for covid vaccines, especially the mRNA variants, seems like a dumb move.
Why can’t the countries around the world pay for it? They’ve all expanded their money supplies vertically. They have the cash. How about they forgive some of their treasury holdings to us?
It has already been shown for example India cannot make the vaccines they have now in enough quantity domestically even though they supposedly have enormous capacity to do so.
They won’t be able to make enough mRNA vaccines even with the waiver to make a difference any time soon.
There is more at stake than just the covid-19 vaccine. Pfizer for example has created from scratch a new protease inhibitor pill for covid-19 that knocks it out. They look to bring it to market later this year once the trials are comeplete.
https://cen.acs.org/acs-news/acs-meeting-news/Pfizer-unveils-oral-SARS-CoV/99/i13
Also politics again has gotten in the way of science. Pfizer vaccine was never approved by the India government for use and is still not approved. They instead chose to go with AstraZeneca/Oxford vaccine and chose to make it locally. Somehow today five months after they approved it they simply don’t have enough vaccine and have logistical issues.
How are they going to ramp up production locally of Pfizer or Moderna? Their internal Serum Institute seems over burdened already making the AstraZeneca/Oxford vaccine.
Then there is the plan to inoculate 300 million by fall with this vaccine. It can be stored for six months in a regular refrigerator. That is not the case with the Pfizer and Moderna mRNA vaccines.
Here is an in-depth story.
https://www.wsj.com/articles/a-covid-19-vaccines-1-500-mile-journey-through-india-11619343001
On that sitcom list. So many major omissions and it was definitely weighted newer over old. Some obvious misses. Yes, Family Guy. And on the animated front, Bob’s Burgers is terrible when compared with American Dad and even Beavis and Butthead. I wouldn’t rate the Simpson’s nearly that high either. They were also missing some big ones. Laverne & Shirley, Married with Children, The Wonder Years, Big Bang Theory. The entire Dukes of Hazard, Fantasy Island, Love Boat genre was kind of missing too (though not sure if they were really sitcoms). Their list definitely was going for hipster points.
Family Ties notably missing as well.
Big Bang is there, towards the end.
Married with Children? Hogan’s Heros?
I looked over the BIOs of the writers, they seem to be liberal NY Gen Xers, so I could see why some of the shows mentioned are not on their list. They never watched them, and have excluded I gather TV ratings Emmy and Grammy awards etc as a metric.
That is a sh*t list. I thought Fleabag was brilliant but it was like a dozen episodes total. Simpsons deserve to be top 10 but not #1. For first 10 years, mostly brilliant stuff but they relied too much on making Homer dumber and dumber then putting him poorly contrived story lines. South Park was so much better from 2000 onwards but now suffering same fate. COVID specials were great though. I would even say Futurama was superior to Simpsons during their overlap period.
If the Dukes of Hazard was a sitcom, then so was The A Team. I pity the fool who says it was a sitcom. I loved early South Park, but neither that nor The Simpsons are sitcoms, in my opinion. Where is Gilligan’s Island? Where is Different Strokes? Both of those shows held up a long time in reruns, suggesting they were well liked.
I liked the first couple seasons of Parks & Recreation when they allowed the Ron Swanson character to sarcastically mock the premise of “good government” but I think by the third season they dropped that and everyone was earnestly promoting the virtues of bureaucracy.
I’m surprised they left The Cosby Show on the list, but it was a good show. Also surprised they didn’t criticize the show for trying to “gentrify” black people. They do call it “impossible to watch now” – why? Does Rolling Stone also find Bill Clinton impossible to watch?
14k a week for experienced truck drivers. Anyone have a CDL and 2 years+ experience?
https://www.wfaa.com/mobile/article/money/business/truck-driving-shortage-to-hit-home-for-everyone/273-a62d544e-576c-4066-8ab9-96ac9f2e6338
From Russia with love, Sputnik light…
Eto Revolyutsionnaya Vaktsina, Tovarishch!
https://twitter.com/sputnikvaccine/status/1390274722487746563
Gov Murphy just allowed our undocumented workers to get Drivers Licenses, why not give them CDLs while they are at it? People might have to go back to cutting their own grass.
re: “I pity the fool”
A-Team wasn’t so tough, they could not even beat a bunch of gardeners up.
https://www.youtube.com/watch?v=03L8u9S1vyY
Sputnik … light?!?
“Why can’t the countries around the world pay for it? They’ve all expanded their money supplies vertically. They have the cash. How about they forgive some of their treasury holdings to us?”
Boom, give this man a prize. Effectively make it foreign aid to third world countries to by enabling purchases via addressing our debt problem. Arb it, cancel Treasuries on 2:1 or 3:1 ratio for vaccines.
Government has never been managed like a business. While that’s aspirational it’s at least time to stop treating it as a free money trough. Especially for the benefit of other non-strategic countries.
And it’s long overdue to stop running up my kids’ future tax bills and banging their quality of life for the benefit of liberal philanthropy. In tens years if my kids want to send money personally to Zimbabwe so be it…but statistically dead Pelosi/Biden should not be writing those checks on their behalf now….
Current PE ratio of S&P 500 is 44.
Long term avg is <20.
It was at 46 during the dot com bubble.
Not all companies in the S&P are poised for growth.
Buyer beware.
That is all.
Roger Daltrey: The “Woke” Generation Is Creating A Miserable World:
https://www.zerohedge.com/political/roger-daltrey-woke-generation-creating-miserable-world
Per CNN. For anyone following the stories, we are now down about 25% of our Pune workers due to family members getting sick. In India, if gramps get sick then the worker takes leave. I won’t get into the possible abuse of situations but it is cultural reality. Watch your credit card and bill payments over next quarter folks. All credit card processing, insurance claims/bills etc are in India. Banks won’t tell you how f-ed it is.
London / New York (CNN Business)Big banks and accounting firms do most of their business in New York, London, Hong Kong and Tokyo. But they wouldn’t be able to function without their back offices, many of which are located in Covid-stricken India.
Financial services firms have outsourced a huge number of information technology and operations jobs to India in recent decades, attracted by an educated workforce and cheaper labor costs. Almost 4.4 million people in the country are employed in IT and business process management, according to the National Association of Software and Service Companies, a trade body.
Some financial firms are rushing assistance to workers and contractors, as India battles the world’s worst coronavirus outbreak. Monday was the 12th straight day that more than 300,000 cases were registered. Deaths have also been rising at an alarming rate and the country’s health care system has been stretched beyond breaking point.
In order to keep their operations online, banks are shifting work to other countries, encouraging staff to work from home and extending project deadlines. Indian companies that provide services to Wall Street are taking additional steps to protect workers in cities such as Bangalore, Pune, Hyderabad and Delhi, in some cases establishing Covid care centers for employees and their families.
Wall Street takes action
Remote work, which is implemented for almost all employees at Goldman Sachs (GS) and Wells Fargo (WFC), for example, is one step to keeping the workforce safe and businesses functioning.
A Wells Fargo spokesperson told CNN Business that the bank is not experiencing “significant impacts” to its operations. It is supporting local communities with more than $3 million in grants.
Goldman Sachs last week announced a $10 million donation to support the battle against the pandemic in India. The investment bank has offices in Bangalore, Hyderabad and Mumbai.
“Our focus is on the overall health and safety of our people and their families, during this unprecedented health crisis in India,” said Gunjan Samtani, head of Goldman Sachs Services in India. “We continue to be resilient in the execution of our business functions.”
But working from home during a pandemic is complicated, especially if employees have to look after sick relatives. There are also challenges around security and data protection, since employees may be handling sensitive company or customer information.
Bank of America (BAC), another US bank with operations in India, declined to comment.
Hahahah…
Nurse just called. I have to run and pick up my son again. He has been back in school for one day. He was supposedly exposed to Covid-19 again……and must again quarantine.. 5th time with this nonsense contact tracing…
The same Daultrey that refuses to play to pot smoking audiences? Hope I die before I get old? Too f#cking late!
Backwards market right now. Value is in a bubble, while growth is way oversold. Don’t expect the market to act rational because that is how money is made. Market continuously undervalues and overvalues in wave that gets sloshed around the market, it’s your job to not get caught in value traps, which the s&p 500 is littered with right now.
Ark funds getting slammed. If you want to make money, be ready to buy as it gets ridiculously oversold.
Anon says:
May 6, 2021 at 10:25 am
Current PE ratio of S&P 500 is 44.
Long term avg is <20.
It was at 46 during the dot com bubble.
Not all companies in the S&P are poised for growth.
Buyer beware.
That is all.
Like I said yesterday, market might be on the verge of a big correction. After that, it’s rocket ship time.
Yes bystander, stupid corps and their lack of really understanding risk. Lots of single country exposure where the situation has never been stable because it’s cheap. GS offering a 10m donation is a joke, they should do better bunch of cheap fcuks. They haven’t even made sure there employees are ok, DJ Solomon is too busy counting his money and demanding people go back to the office in NY and UK.
Our government is officially a band of idiots, oh yeah lets share the secret sauce the west’s biotech companies have been developing for 20 years because once they know how to develop an mRNA vaccine for COVID, other diseases should be relatively easy to develop vaccines for and countries with fewer restrictions on ethics will quickly outpace us. I’m sure the investors and the folks who have worked the last 20 years making this a reality are thrilled their IP will be given away. Since we don’t have manufacture lets let the Chinese have more of our tech…..thanks Beijing Biden. Why not send them the addresses of our secret military installations and the names of our CIA agents too while we are at it. This idiot is making Trump look good.
The same Daultrey that refuses to play to pot smoking audiences? Hope I die before I get old? Too f#cking late!
Daltrey has stated that pot smoke shuts down his voice. Not that this has anything to do with the article I posted above, but he has stated that if you’re going to light up, do it in the bathroom or eat it.
As for the “Woke” crowd, he’s right. They’re a pretentious group who claim to care about s0c1al issues when in reality, they’re angry at the hand they were dealt. Life is not good for them and “you” will pay. The term and their followers are insufferable and will let the world know about it. Science to a “woke” muppet is ad hominems or attacks against anyone who disagrees with them.. or “it.” They, and the progressives overall have ruined our country.
Jcer,
Nailed it.
mRNA is the future of medicine.
Give it away? Absurd.
Agreed.
It’s so much more profitable to sell the same pharma to Americans for massive profit at insanely expensive prices and give drugs away virtually for free to the rest of the world since they can’t nearly afford what Americans pay.
Jcer – Correct but remember we have already given away much of our vaccine technology, this time around there were vulture capitalists in the mix too.
Bill Gates gave lots of money last year, to INDIA directly to their Serum Institute which is FOR PROFIT owned by an Indian Billionaire so they could make the AstraZeneca /Oxford vaccine for free to give away to the poor around the world. Bill did this so they did not have to raise funds from the for profit investors in India and elsewhere and sell the vaccine for profit. He should get a medal for it, except now he is being vilified.
Interesting story for sure. India supposedly a powerhouse in vaccine production is woefully short on their goals. They blame the USA too for we are not exporting the materials they need do to Biden’s Executive Order.
Now they want the ability to produce the synthetic version mRNA handed to them.
Newsflash the Chinese hackers were already inside as reported last month hacking group APT 10.
https://www.reuters.com/article/health-coronavirus-india-china-idUSKCN2AT21O
Biden should not force Moderna and Pfizer to give away the tech. It will be stolen, they simply do not have the skills or money to protect it.
“This idiot is making Trump look good.”
But he’s doesn’t say mean things.
And the world likes us again.
Biden Wins.
Trump knowingly says mean things.
Biden doesn’t know what he’s saying.
Any chance the Bull Moose party makes a comeback in 2024?
https://www.yahoo.com/news/house-gop-leader-kevin-mccarthy-124216435.html
He’s paying $1,500 a month rent to live in a high rise penthouse mansion.
Interestingly, NJ first vax doses this week are terribly low.
Me thinks everyone who wanted one has gotten one. Open up the 12-15 cohort and that should do it (hopefully). Praying the selfish one’s don’t get it. My guess is that they think they’ll be protected from herd immunity, but the truth is that if they get it, it can still do them in. Not me. Whatever.
I suppose my life would be terribly “disrupted” if I lost a third of my wealth too.
Governor is down in Hoboken this morning “breaking ground” with the rest of the Dems talking about the new “Rebuild by Design resiliency project”. That is a $230 million dollar flood walls they are calling it above ground protection aka PARKs for Hoboken.
So next time the 100 year hurricane Sandy storm comes to Hoboken the water will end up in Jersey City and Weehawken instead.
https://www.nj.gov/dep/floodresilience/docs/rbdh-dzw-zone2-20190207-presentation.pdf
Juice the Chinese are desperate for this tech, there is definitely a “secret sauce”(nanolipid envelope maybe, or maybe it’s the nucleosides)so to speak, as these vaccines actually work and most earlier research did not produce effective vaccines using mRNA directly. The Chinese know they are behind on this, it wouldn’t surprise me if they are experimenting on Uyghurs as we speak. If I were the corps holding this tech I’d be sure to keep the Chinese out, it isn’t as hard as you’d think you just need to be paranoid. You shouldn’t help your enemy and they are your enemy.
Lib I watched a video from a “Liberal” who lived in China for the past 4 years, he voted for Trump in 20 because he acknowledged that China was a very real threat and Trump was the best shot we had at keeping them under control. Our government needs to keep pressure on the CCCP not kowtow and give up important intellectual property. It’s like saying that Neville Chamberlain was the right choice for PM because he’s not a d!ck like Churchill, just remember we’ve elected someone who appeases a government currently engaged in genocide.
re: “everyone who wanted one has gotten one” It should be mandatory…kids have to get vaccinated to go to school adults should also be required to be vaccinated to go to school as well.
So heard through the grapevine a teacher in our school has Covid. Everyone that met with that teacher on mon, tues and wed this week now has to quarantine. My son met with the teacher yesterday and is home now remote learning again until I can get a test next week.
Should I call that Teacher and ask why they did not get vaccinated? On the district website it say a total of 517 staff vaccinated in our district are vaccinated, there are 800 teachers and at least 800 others admin etc.
F8cking 2 billion dollars for a monorail at the airport?
This is f*cking absurd.
https://www.nj.com/news/2021/05/companies-vying-to-complete-2b-replacement-of-newark-airport-monorail.html
This is also why Simpsons is #1.
A transit expert, who favors extending the existing PATH line to each airport terminal, said a new AirTrain still requires air travelers to change trains and questioned if it will handle future passenger volumes.
This is brilliant, so it will never happen.
https://youtu.be/LBfHpIRm5Qk
grim says:
May 6, 2021 at 12:26 pm
F8cking 2 billion dollars for a monorail at the airport?
This is f*cking absurd.
https://www.nj.com/news/2021/05/companies-vying-to-complete-2b-replacement-of-newark-airport-monorail.html
This is also why Simpsons is #1.
Everyone making this political should just connect these dots. This is about protecting corporate operations in the east. Our whole system will grind to all halt if India can’t process our transactions or do our tech work. The risks are enormous globally. Exec boards are ringing the politicians to get situation under control by any means necessary, including giving vaccine sauce away for free.
“In order to keep their operations online, banks are shifting work to other countries, encouraging staff to work from home and extending project deadlines.”
You people understand the complete BS in this statement? I was on two calls this morning to get list of impacted resources, timeline shifts etc. Today..not 10 days ago. Banks are just gathering this data now and have zero plan for how to address. You can’t just shift work from one location to another as I can assure you the other side has not been trained. BCM is a paper document, often with major assumptions and holes. CEOs have to present situation as under control but I assure you that they have no clue. I fully expect that the next two weeks will be chaos trying to figure out which groups can support what and it will be handed down with a ham fist.
Most of the major back office outsourcers in India are doing just fine. Realize these folks are working from home. Many of them are tethered to 3g hotspots because they don’t have access to high speed internet. That said, most every one of them has pushed their clients to sign liability waivers around security. Many of these banking apps were never intended to be accessible outside of 4 controlled walls. Even with VDI, encryption, etc – there is a giant lack of fraud monitoring when data is made clearly available on every screen.
I don’t think the concern is that transactions won’t get processed, however, there is a huge potential for massive fraud and data loss. There are thousands of people right now processing mortgage and credit card application in their homes across all the major indian metros.
Grim,
The 25% of my team were WFH too. They will be out weeks and it will create instability for production support. That is happening everywhere. My area is mostly project work so we will be delayed. I don’t think they will be fine, particuarly if it gets worse..which it is. A family member goes down and they stop working. It is not just themselves. That is what I am seeing anyway.
Yep, seeing the same on the development side. Working on kicking off a dev project with a 3rd party shop. They are already struggling to fill key roles on the roster.
The PATH extension to the Airport was suggested no less than 20 years ago. When the Twin Towers was an open cavernous hole after 911, a rail study determined that with little modification, the Newark/WTC PATH could be connected to the MTA 4/5/6 offering direct rides from Newark Penn to Grand Central, a route painfully taken by more commuters from NJ than by residents of the 5 boroughs. Best of all, both trains run on the same voltage which means no additional equipment would be required to service the lines. It was shot down by the Port Authority. They did not want to share turf with the MTA. Had they done it and extended to EWR, you would have an air-train from Grand Central to the airport at a very economical cost and with a life span of 1oos of years. Not 10, which is the average life span of the monorail at EWR between year long shutdowns for major repairs. I was in Disney two years ago. The monorails I road in 1975 had not changed one iota in nearly 50 years. They were just as small and crowded as I remembered them being as a toddler.
And people wonder why I have such issues with the public sector.
“Carlson during a segment on his highly-rated Fox show on Wednesday cited a federal reporting system to baselessly suggest COVID-19 vaccines could be responsible for 30 deaths in the United States every day”
He’s all yours Gary.
Libturd,
Just for the record, I got my vaccine and hope the majority of the population gets it. With that said, if you divide ~ 4200/140 days (Mid December to Early May), you wind up with 30 cases per day:
Over 245 million doses of COVID-19 vaccines were administered in the United States from December 14, 2020, through May 3, 2021. During this time, VAERS received 4,178 reports of death (0.0017%) among people who received a COVID-19 vaccine.
https://www.cdc.gov/coronavirus/2019-ncov/vaccines/safety/adverse-events.html
Exec boards are ringing the politicians to get situation under control by any means necessary, including giving vaccine sauce away for free.
So, let’s negotiate. Give it away for free…that’s ludicrous. We put up all the money, did all the research, all the leg work, and they get to continue their parasitic relationship off of us. How many treasuries to they hold? Do we still owe them money. You know what we can do, we can give them a loan and they can take time to pay it back. Why don’t they issue some bonds to pay for it?
grim, the issue with extending the PATH train is they use the monorail for 2 purposes both inter-terminal transfers and to the stupid train station in Elizabeth. There is also the fare consideration as they would want to charge more to go to the airport. The PATH expansion has been discussed since they built that stupid monorail and it makes so much more sense even if they need to revamp all the stations to handle multiple fare classes(tap on entrance and exit) but it does not allow for a massive 2bn contract and ongoing cost forever vs. leveraging existing infrastructure and trains. I’d think they could use the existing elevated rail line and extend it to go over 1&9 and 78 to the entrance of the airport than build a cut and cover tunnel in front of the terminals from P3 to P4 under the existing short term parking with walkways directly into the terminals(even bag drop locations as well), this could be done for approximately half of what they’d spend to build a new monorail. I heard the estimate for the path expansion to EWR in the mid 90’s was 500m, NJTransit and politics is what prevented this superior option from being done last time. NY didn’t want EWR to be the favored airport for NYC and to derail their boondoggle plans for JFK. NJ Transit didn’t want to be cut out they wanted to make sure each EWR passenger had to get on one of their trains. NYC could have an airport with some of the best transit access in the world but we refuse to do it.
Even if they are going to build a separate system the monorail is dumb, why not build narrow gauge light rail using the streetcars they use in Europe.
South Park went downhill fast when PC Principal showed up. Then they started increasingly conforming with Comedy Central’s rules of wokeness. The first ten seasons were the best. Total rebellion in all directions. Seasons 11 through 19 were declining but had some individually excellent episodes. Seasons 20 through 23 have mostly been weak, as if they are either outsourcing more to younger writers, or Parker/Stone have finally gone Hollywood. Perhaps that, because I read Stone saying he hates all of the first 4 years of the Series, the very episodes that launched South Park to success.
BRT,
Completely agree but there is one immutable fact – big corps can’t wait for the politicized, orderly agreement process. Get on the bat phone and corp stump Biden gets going. He supported the Trump ban on vaccine exports and now suddenly pivots. Big business has spoken.
I saw the Tucker Carlson show last night talking about the death rates. It’s massively missing context – the first question that came to my mind is, what is the comparable death rate of people in that same age group that aren’t getting a vaccine. Is a 0.0017% death rate higher, lower, or not meaningfully different from the death rate of comparably aged people? Looking here and doing some annualization https://www.ssa.gov/oact/STATS/table4c6.html I see that the vaccinated daily death rate looks like it’s roughly equal to the average daily death rate of 55 year old adults.
For the population at age 70, the probability of dying that year is about 2%, blending women and men. That would be a daily death rate of .0055%. Early on, people getting vaccinated skewed old. People who haven’t been vaccinated so far tend to skew young.
Sometimes Tucker Carlson says some things that are both brave and true, and few people are willing to say it. Sometimes he says things that are both dumb and misleading. This falls into the latter category.
Statistically it’s almost as misleading as the race activists making it seem as if white police have a much greater likelihood of shooting black person than another black person. Look into the data and you’ll see that black criminals shoot black people about twenty five times more than police do, but even that is dropping context, because police homicides mostly happen in locations where there are the most crime reports, and thus there are more crime-related police interactions in majority-black areas. And the vast majority of those homicides were justified in the policing, in contrast to that of the criminals actions. Any analysis of police killings should be controlling for these factors, but virtually zero “journalists” do so because it doesn’t fit their narrative.
Similarly, a lot of race economic “disparities” disappear once one controls for things entirely under the control of the individual such as – parent single parenthood, completing high school, drug use. But that’s a no-no to educate people about choices they can make. Every loser is a helpless victim of the system, with no responsibility.
Pretty much everyone citing VAERS at this point is an anti-vax idiot.
The brand new Terminal 1 project only cost $2.7 billion, that’s a whole god damn terminal.
Tucker points something out which is what a lot of people are picking up on and it is the inconsistency of our health officials in their behavior. VAERS data is crap, it isn’t very good but the issue remains that they shut down the Janssen Vaccine over a handful of cases of blood clots but have not done any pause or even acknowledged any unusual reactions with the mRNA vaccines. Also if you look even the treatment of deaths after receiving the vaccine vs. how they treat deaths with the virus it is very inconsistent. Every COVID vaccine has VERY severe side effects in those who have already been infected, people who were infected previously with COVID have gotten very ill after taking the vaccines. We’ve already heard of a woman who was paralyzed, a healthy doctor in his 40’s who died in December of multi-organ inflammation, and there certainly are others who have had serve reactions to the vaccine including anaphylaxis in addition to strange clotting disorders which despite the effort to tie it to adenovirus vector vaccines seems to occur with all of these vaccines in rare cases. The overall incidences of any severe reactions seems to be incredibly small but we shouldn’t pretend it isn’t there and the VAERS data is crap so it likely doesn’t include deaths unrelated to the vaccines as they certainly aren’t all reported to VAERS. I’m not anti-vax, I’m vaxed but I believe we should be truthful and not distort narratives so they fit our world view.
First the idea we need to vaccinate those who have already been infected is not based in science, reinfection has been quite rare and it appears even if antibodies disappear memory t-cells and b-cells alone prevent severe infection and for the vast majority will prevent both symptoms and the ability to spread the virus. The studies we have seem to indicate that even SARS recovered patients have enough of a response from memory t-cells and B-cells to prevent in most cases and that’s not even the same virus. So the guidance for previously infected people should be more along the lines of it’s not entirely necessary, it MAY aid in preventing re-infection but you already have some level of protection and the risk of side effects from the vaccine is greater for you. Save those Vaccines and send them to India or someplace else that really needs them. Same is true for young children, no need to vax them either. The science simply does not support it, the disease is less deadly than the flu by a lot in small children. People don’t appreciate being manipulated by public health officials and the media, what they are doing to promote vaccination likely will just result in more resistance.
So Bystander, with all this stuff going on in India, all joking aside, is my ATM card going to stop working and is it time to stock up on TP? Someone posted gasoline tank truck drivers getting $700k. gas will be $4.00 a gallon but my credit card won’t work so I need cash, correct?
JCer,
I agree about China being a large threat.
I’m not so sure that Trump was a great communicator or planner against the China threat. He mostly used anti-Japan rhetoric warmed over from the 1980s. Trump himself never appreciated or understood individual rights, so he was fairly incapable of making a reasoned case for why China was a threat beyond – “they’re selling us too much stuff and not buying enough stuff”.
If you really consider a country a deadly threat, you don’t go pressuring them to buy things from you. Like most of his admin’s policy, it was scattershot and mostly incoherent with China. More PR than reality. The bans on investing in some Chinese stocks but not others was a good example, both the logic and the implementation was haphazard, and had no impact on pretty much anyone but some US investors.
The Biden people have been a bit tougher on China so far than I had anticipated. But it may be a smoke screen to cover for capitulation later. The American left seems to hate white male CEOs more than they hate Chinese tyrants. I think they are a bit jealous of the control the Chinese Communist Party has over all media, press, and social media, though they are trying to catch up. Their slogan against Bush’s involvement in the Middle East was “no blood for oil”, will there be a future slogan against defending Taiwan- “no blood for microchips”?
My 4:02pm in moderation. I don’t know what set it off.
My daughter had Covid at university back in Feb (like many of her friends, quite mild) but her school says if she doesn’t get the vaccine by July, she won’t be allowed back on campus in August. She’s getting her first Moderna shot tomorrow so she can be sick over the weekend.
No one it’s a very dumb policy we are forcing folks who really don’t NEED the vaccine to take the vaccine while people in the third world can’t get it and desperately need it and people in the US who should definitely be vaxed are refusing it.
Always keep this in the back of your mind. The masses are asses. In other news, Murphy has like a 75% approval rating. You would have thought HE developed the vaccine and captured Bin Laden at this point.
JCer 3:48p:
Excellent post. TY.
“In other news, Murphy has like a 75% approval rating.”
NJ is stupid. We knew that already.
That truck driver story is way way misleading. That company in Texas is just paying a little bit more per mile. They are hiring contractors aka Owner-operators, they are not hiring full time, you are a contractor with your own truck, after expenses the driver averages 48 cents to 83 cents per mile. They are limited to 650 miles per working day on the high end rates are like $3.00 a mile. So if they drove every single day of the week they could bill $13,650 max. You would have to be on drugs to drive a rig 4500 miles a week.
I must disagree with all of you regarding Biden and vaccine IP. You all are looking at it the wrong way. It looks altruistic, but it is a strategic move. Is Biden hitting Big Pharma in the forehead with a Louisville slugger.
Biden is saying, “Who is your daddy, b1tch3s?”. Is a way for him to telegraph that their intransigence in matters related to health care and big pharma overhaul will have severe cost if they don’t play along. The bat across the big pharma forehead is telling them, if you go against my deals, I’m making you bleed out.
Obama’s big mistake was playing nice with the Bankster, when he should have done 4AM Media-in-Tow Bankster CEO raids with them doing perp walks in their PJs. It would have made Obama’s life way easier.
LOL, maybe.
Too bad Big Pharma (and airlines, and beverages, and pro sports, etc) told their protection to go fcuk off a couple weeks ago….it’s a lonely walk down dark streets at 2am, hoe these corporations stay ‘awake’…..
*hope these corporations stay awake*
Nomad,
Not presenting the end of times at all unless this thing continues to grow epically. You might see some data problems with statements etc or system down time. The chaos is mostly internal, figuring out who can support key processes and expectation for people to cover IST hours. If it goes a long time then you could see bigger issue. It is wild times in India right now with resourcing.
Sleepy Joe has no clue. Moderna said last year when Trump was President they would not enforce patents on their covid-19 mRNA vaccine. They basically said have at it….
There is no way for Joe Biden to force the scientists to teach any other country how to make an mRNA vaccine from scratch and then scale up the vaccine to millions or even a billions of doses.
Worse, having them compete and stockpile raw materials that the actual producers need.
Joe Biden was not around when all of the supply chain problems had to be solved. However he takes credit for the vaccine work that was done long before he was elected to office and now wants to give away.
For example to make 100 million doses of the Moderna vaccine it takes 10 lbs of a specialized capping enzyme. To make that 10 lbs of enzyme you need billions of dollars worth of equipment and people with the training to run it.
The supply chain issues were solved last year. Are we going to pick up the equipment and people and ship it to India? That is the only way they are going to solve their own screw up of not making enough of their own Astra Zeneca/Oxford vaccine.
You are a dense crowd. I present Cartman and Bruce Willis and his Drill to explain it. https://youtu.be/0zkB-K3LRSg https://youtu.be/qk9MK5smzVE
The intellectual patent (making a burger) being available is useless without the know how. The know how (special flavor enhancing farts or putting drill together) is what Big Pharma is not going to release. The fact that the information would be available without piracy penalty and can be reverse engineer to work by the Chinese, Russians, Indians and any other copycats is the Big Pharma Louisville slugger to the forehead by Biden to Big Pharma telling them to play ball with him or he will play ball with their heads.
🤘🏻
“Europe Starts to Come Around on China
Putting business first and alienating the U.S. has backfired.”
https://www.wsj.com/articles/europe-starts-to-come-around-on-china-11620341264?st=cyc1qicmzrvylqo&reflink=article_copyURL_share
“An EU official clarified Tuesday that the talks were “not quite suspended” and “ratification will depend on how the situation evolves.” Ms. Merkel and her allies will continue to fight for the deal. But skepticism is growing in the European Parliament, the German political class and the European public. Rather than struggle to pass a flawed deal, the Continent would be better off regrouping and approaching China in a united trade front with the U.S. and other like-minded nations.
Winston Churchill may or not have said the famous line, “The Americans can always be trusted to do the right thing, once all other possibilities have been exhausted.” But we’d understand if Mr. Biden feels the same way about his friends in Europe.”
Long term picture..
“Despite the selling, ARK Innovation still boasts a 94% gain over the past 12 months. By comparison, the Dow Jones Industrial Average DJIA (^DJI) is up 46% over the past year, the S&P 500 index SPX (^GSPC) has gained 47% and the tech-heavy Nasdaq Composite Index COMP (^IXIC) boasts a 53% return over the same period.”
https://apple.news/AXW1JZxT2QKeSxZemKjxF1g
Love all 5..
“5 stocks that drove 32% decline in Cathie Wood’s Ark Invest flagship ETF”
https://apple.news/A6HsYXhWZQKeT0ae7FVEEOA
I just read a book by @williamgreen72 & ARK Investors remind me of Berkshire Investors from the 1990’s as Munger and Buffet’s wisdom became so self-evident. @CathieDWood will need to do it for another decade to be self-evident.
https://twitter.com/dilksjay/status/1390293726107344897?s=21
I’m an optimist & I am shocked how resilient the money flow has been. She has recruited investors with ice in their veins. Here’s the rank of AUM by Fund: ARKK $22 Billion,ARKG $9 Bill,ARKW $7 Bill, ARKF $4 Bill,ARKQ $3 Bill, ARKX $63 Million, 5 weeks old.
https://twitter.com/dilksjay/status/1390289004277506050?s=21
Vaccine hunger games.
CVS now offering walk-up COVID vaccines at all 324 N.J. locations. No appointments needed.
I was at our local CVS today a walk in asked what vaccine they had and the pharmacist said J&J so he walked out as he wanted Pfizer. Male perhaps 70yrs old looked like a Trump supporter, but then again don’t all old white men? Is that wrong to think he voted for Trump because he is white?
Pumps – You are sounding like a broken record here, we know buy and hold forever.
I am going to suggest a truce nobody talk about Cathy Woods anymore, as it is sucking all the oxygen out of the room.
Grim, I’m with Bystander here. India is heading for an absolute Sh$t Show. WFH has helped, but people are just disappearing and it is showing up how thin these 3rd party servicers (and the US companies) have staffed their benches. I’m hitting multiple cases of Person A out with X, so project Y is halted.
What is scarier is that it is not just India. It is just front running the rest of the world. We are dropping people all over, even in US, UK, Asia etc, where the vaccinations, mask and social distancing are having an effect.
So when your clients lose access to places like India or Manilla, where do you shift to next?
Fab it’s India, people are getting sick. Most of our offshoring takes place in very crowded cities, these people do not live in suburban houses nor do they have a Buick in the garage. They live in high rise buildings of questionable build quality(ventilation is probably bad in many) and they are dependent on public transit and there isn’t room for 6 feet of distance. I currently have people who are MIA over there, I had a guy go out last week who wasn’t feeling well and haven’t heard anything all week hopefully he’s ok. We are in the unenviable position of having 95% of our dev team in India. There is going to be an impact, dates will be missed, etc the big question is how lean are companies running their teams? Those who tried to go too cheap(running too lean, many single person dependencies, etc) may not be able to keep the lights on, which is the most important thing. Who cares about a little money and a 6 month delay on strategic projects during a pandemic? For most organizations they can punt on a lot of this stuff.
So yes India will be a problem for a lot of orgs.
Spice girls concert in the subway. NSFW.
https://www.reddit.com/r/PublicFreakout/comments/n6oagf/big_spice_girls_fan/
Thanks for this post. RealEstateCake is the best platform for getting best budget Foreclosures deals online in United States.
So when your clients lose access to places like India or Manilla, where do you shift to next?
I mentioned this previously, we repatriated north of 20k positions to domestic US, at a sizable price increase. So, we apologize for unusually long hold times, live with it.
AI and RPA are hot hot hot. The challenge is, it’s cheaper to find bodies in India, than build out and pay for the tech … but, that’s not an option right now.
“I am going to suggest a truce nobody talk about Cathy Woods anymore, as it is sucking all the oxygen out of the room.”
LOL, 90% are posts from the village idiot trying to justify how he top ticked the stock when every experienced investor here, any financial outlet, and the MSM were all trumpeting the imminent decline of the long duration assets that occupy her portfolio.
Lib, you’ll appreciate….prepped some sweet meat last night. Two butts, a bunch of tri-tip, and eight racks of baby backs….chilling in the fridge…local farm delivering a bin of cherry wood later today. Hope this rain tomorrow blows through early.
So I sat through a board meeting where they are hesitant to bring the kids back 5 days a week (40% capacity given the opt in rate) while my school is now going 90% capacity. Why? “It’s just not safe”. Nevermind that the entire staff should be vaxxed by now and half the high school is vaccine elibigible. Meanwhile, that same meeting, 7 parents begged the board to hire a crossing guard for an intersection on 206 where the kids are now forced to walk due to their updated bussing routes. 2 people have died at that intersection in the past few years. The board didn’t seem too concerned about that one. This is a clown show.
Big disappointment on April payrolls, only up 266k, expectations all 1m+…10Y down to 1.47, wow.
You know what’s truly satisfying?
Taking a biiiig stinky Trump in the morning.
EzEssex
Left: yes, massive whiff. WTF?
Local restaurant was profiled on nj.com the other day. Sicilian Immigrant. Amazing chef. Guy is a tiny Italian joint, but classy and fancy. Sicilian cuisine but French presentation. He probably needs 4 wait staff and 4 kitchen at most. Says he can’t find anyone. Has a huge sign saying help wanted. I might walk over and grab myself a summer gig.
A lot of the restaurant staff doesn’t want to take the chance on going back. They would give up their benefits to possibly return to empty restaurants. At what point do they just start working under the table. I know people who were working two jobs while collecting.
Its the job mix which has been going on since 2008 “recovery”. The barista/small taco waiter/craft beer server economy. Tried to reopen in March, paying 8 bucks an hour and got b*tchslapped to reality that millions not doing it. They retracted in April. Its great for the market. To the moon, led by astronaut Oz Powell.
Big disappointment on April payrolls, only up 266k, expectations all 1m+…10Y down to 1.47, wow.
Nice job O’Biden!! What a disaster this administration has been so far. Hey, by the way, did you see the real pictures of those kids stacked upon each other in kennels and cages at the border? Is CNN and MSNBC down there reporting it? And why work when you can stay home while you, the taxpayer, pay for someone’s lifestyle with never-ending benefits? Is it the state run collective government’s plan to kill small business to foster endless dependency? Hey, I know… let’s tax capital gains, corporations and the middle class to raise more money!! What a f.ucking joke.
Does not fit narrative……. must suppress….
https://nypost.com/2021/05/06/what-critical-race-theory-is-really-about/
You are right Ed. Why did the Orange clown lead us to this largesse unemployment, s*cial*st environment? All done under his admin.
We added 1 mil jobs in April. Biggest decline in temp employment agencies.
They couldn’t find enough people.
Wokeism and CRT are both fronts for Marxism. Been saying that for a while.
In the name of anti racism the left is trying, and largely succeeding in indoctrinating a generation in Marxism.
It’s a very clever hoax, preying on peoples compassion and general goodness to implement soci@lism. And then following that up with bullying and intimidation when it doesn’t work.
The sooner we recognize that the people pushing the agenda have a very duplicitous agenda the sooner it can be combated. I don’t think we are close to them that yet and not sure we’ll get there in time to stave off catastrophe.
“Two butts, a bunch of tri-tip, and eight racks of baby backs….chilling in the fridge…local farm delivering a bin of cherry wood later today. Hope this rain tomorrow blows through early.”
I did a pork butt on Monday for pulled pork sandwiches. Wow was that good, but even this two-pounder took eight hours to get to 195 and then there was still the rest. Though, it was so worth it. Now Tri-tip I like to make chili out of. It’s definitely a cowboy cut that begs for hickory or mesquite and does great with a long marinating. Just don’t overcook it in the smoker. 30 minutes a pound tops. So you having a party? Or just cooking once and having two months of frozen leftovers?
I braised cheeks last night. Delicious flavor, but just not enough meat left after trimming the fat. I swear, my two pounds of cheeks yielded less than a pound of beef. Tasty cut though. Never had it except in tacos in baja.
Let’s not forget the Soc1alism provided by the right, every time Wall Street fukcs up.
Guanciale
“Two butts, a bunch of tri-tip, and eight racks of baby backs….chilling in the fridge…local farm delivering a bin of cherry wood later today. Hope this rain tomorrow blows through early.”
What time is dinner? Text me the address :-)
Man yesterday was a hard one. It’s like everyone tried to find the most bizarre ways to eliminate themselves. Damn new homeowners. Don’t give New Yorkers a chainsaw, a lawnmower, or any other sort of construction instrument.
Or a dirt bike of any kind.
ChiFi,
On critical race theory and Marxism. One paragraph stands out to me.
“workers’ revolutions would never occur in Western Europe or the United States, which had large middle classes and rapidly improving standards of living. Americans in particular had never developed a sense of class consciousness or class division.”
This is no longer the case. I won’t disagree that Dems are playing the race card to their advantage maintaining their voting base like every party does. But I think it’s the change in our standard of living and greater division of classes that is the hidden story. There really is no middle class when the upper class moves so much further away from the middle class when compared with how close the middle class is to becoming the lower class.
Just my 2 cents here.
“Trillions in Biden stimulus are now incentivizing potential workers not to seek gainful employment, but to sit back and collect the next stimmy check for doing absolutely nothing in what is becoming the world’s greatest “under the radar” experiment in Universal Basic Income.”
The whole “woke” movement started with Krazy Karens finally being caught on video. It was then amplified 1000x by Deputy Droopalong.
No doubt women played a very big role in cancel culture, the precursor to the woke movement. Just ask Al Franken.
Your rear axle as lost traction, is almost parallel to the roadway with the end of a guardrail aimed at the driver’s door.
Hang on, it’s only getting worse from here.
That’s all history really is: constant fight between the people that make things happen with hard work, and the one’s that try to take it from them by force in the name of “fairness” and “equality.” I don’t have that, but I DESERVE IT because that’s FAIR.
It’s all about equality and fairness, until it comes to “work” and “discipline.” Then, and only then, do they have no problem with taking more than they put in. Yea, equality, huh. Divide the fruits of labor on a equal basis, but not the labor itself.
BidenIsTheGOAT says:
May 7, 2021 at 9:59 am
Wokeism and CRT are both fronts for Marxism. Been saying that for a while.
In the name of anti racism the left is trying, and largely succeeding in indoctrinating a generation in Marxism.
It’s a very clever hoax, preying on peoples compassion and general goodness to implement soci@lism. And then following that up with bullying and intimidation when it doesn’t work.
The sooner we recognize that the people pushing the agenda have a very duplicitous agenda the sooner it can be combated. I don’t think we are close to them that yet and not sure we’ll get there in time to stave off catastrophe.
Fast
I bet there are lots of people collecting benefits while working under the table
Eddie,
Why does it bother you so much?
Thanks to my ex, that could be me in 5 years. I might just need a handout.
I’m one mistake away from unemployment every day.
Should have been a cop. You can pretty much do anything wrong before you find yourself unemployed.
And I don’t disagree on Wall Street. They captured the regulatory and tax policies. It feeds the soci@list grievance machine. Both parties are to blame, the lobbyists pulling the strings are the same.
HMB,
It’s far from a new trend….
Fast,
This PPP and stimulus started under a different regime. Or have we forgotten about that? Biden’s ten year infrastructure plan is cheap. He is spending 2 trillion over ten years. Trumpy borrowed and wasted 1 trillion as soon as he took office when there was no recession or pandemic. How quickly we forgot about the complete failure of his tax cut to generate revenue. Perhaps it should have been dubbed the Wealthy Superfluous Income?
https://www.policygenius.com/taxes/who-benefited-most-from-the-tax-cuts-and-jobs-act/
“On the whole, low-income families appear to have received the least savings, while high-income families saved the most. Middle-class families saw mixed results. The biggest winners from Trump’s tax cuts were probably businesses. Between 2017 and 2018, corporations paid 22.4% less income tax. The total value of refunds issued by the IRS to businesses also increased by 33.8% nationally.”
Phoenix,
I swore to Gator that if “she” fukced up and divorced me since I made it very clear that when we got married (after 7 years of dating) she need not worry about me and my strict morals, that if she sought alimony or childcare, I would convert every asset I had into gold and would disappear somewhere in the rest of the world with the kids. I never wanted to marry. I’ve seen the damage it does to too many families. I’m still friends, to this day, with nearly every person I ever dated for over a year. There’s one who screwed me (from Bayville). Last I heard, they can’t even afford a house in Bayville. Good for her. :P
Lib,
Most of us don’t have the ability to “escape” with our children or you can bet it would happen more often.
For some reason, women always think the child is theirs, and that they rent or lease it to the fathers, you know “I’m taking the kids and going to my mothers.”
The system encourages and supports this, along with those Those Blue Life Matter I would like to screw your wife so get out of the house cause I’m armed and your not types as well. Our heroes, the White Knights.
So yeah Eddie,
Some of us have spent a fortune, all we have saved, and our future, for the ability to spend time with our kids.
Any “handout” I get I deserve. Currently I don’t need one only because of my career and a lifetime of savings. But eventually you run out of road and then who knows….
Correction.
Rent or lease them.
If there’s a will, there’s a way. :P
I’m fairly certain I don’t need to worry about it fortunately.
Bayville……”shudder”….
Watched my favorite BioTech tank a few days ago (it’s since come hack) and they just laid off. Making more work for the remaining team members. What is interesting in Corporate America is how tenuous everyone’s existence really is. You and everyone else is one “correction” or bad quarter away from a layoff. The rewards however can be worth the risk. What’s the saying? It’s a recession when your neighbor losers their job and a Depression when you lose yours.
since come “Back” correction
“What is interesting in Corporate America is how tenuous everyone’s existence really is. You and everyone else is one “correction” or bad quarter away from a layoff. ”
Then, to have the beast you marry call you a loser, deadbeat, etc after you bought her the house she wanted that was a tad bit expensive, but you wanted to make her happy so she doesn’t take your kids from you. Later to have Eddie tell you to take a job at WaWa for 7.50/hr rather than collect unemployment and try to get a better job.
Women are never treated this way.
Thank you for these very interesting tips, it’s really nice to find articles as interesting as yours! I wish you health, longevity, success, happiness and peace of heart.
Lib you are perpetuating the fallacy that businesses pay taxes. The tax cuts gave away a ton of money to individuals but the corporate tax cut is all about global competitiveness and stopping corporate inversions. It was far from perfect but it was important that we did something to retain businesses as they have no reason to domicile here. The truth is when a business gets a tax hike the consumer pays. It’s a similar situation to the artificial labor shortage we are seeing, everyone is raising prices and we are paying for it. So not only do we pay the taxes to cover the stimulus checks we then pay the increased prices as it has distorted the labor market.
Try to remember the top 1% pay ~41% of income taxes so of course any reasonable tax cut will return the most to them(on only 20% of total income I would add). the top 5% paid over 60% of income tax and the bottom half basically paid no income tax. The individual tax cuts in the TCJA were probably unnecessary but corporate tax changes were definitely needed. The elephant in the room is if they want to restore budget sanity they need to widen the base which will be wildly unpopular. Realistically restoring the rates for all people back to what they were during the Clinton regime would go a long way to chipping away at the deficit, the other big thing is they need to reign in spending. Taxing the rich or more likely us(we are merely upper middle class high earning people,the rich don’t pay taxes, they lobby and have smarter accountants and tax lawyers than the government). The other thing is the Estate tax which really needs to go, people supporting it do not understand the reality which is it is a burden on business owners and a tax on the unlucky. Any schmuck can avoid the estate tax as long as they can predict how long they will live and have a sufficient number of heirs. But with Beijing Biden at the helm i’m sure it will be back and old folks with highly appreciated homes in place like NY, CA, NJ will be paying the death tax when they die.
Dow record..thanks Biden. He should tweet how great the economy is and ask that we are thankful to be within his, Orange, oops I mean white glow. This is how it works in the cult, right?
Right on cue, just after Minneapolis Fed chief Neel Kashkari admitted that expanded unemployment insurance was keeping workers out of the labor market, contributing to Friday’s disappointing employment number, the US Chamber of Commerce released a statement calling for ending the $300 weekly supplemental benefit.
Executive Vice President and Chief Policy Officer Neil Bradley released the following as a statement, saying that while there might have been a time when the benefit was needed, that time has now passed. “Paying people not to work is dampening what should be a stronger jobs market” and is hurting the overall recovery, he said.
“The disappointing jobs report makes it clear that paying people not to work is dampening what should be a stronger jobs market. We need a comprehensive approach to dealing with our workforce issues and the very real threat unfilled positions poses to our economic recovery from the pandemic. One step policymakers should take now is ending the $300 weekly supplemental unemployment benefit. Based on the Chamber’s analysis, the $300 benefit results in approximately one in four recipients taking home more in unemployment than they earned working.”
https://www.zerohedge.com/economics/biden-pushes-trillions-stimulus-employers-struggle-lure-people-back-work
“The individual tax cuts in the TCJA were probably unnecessary but corporate tax changes were definitely needed.”
I somewhat agree. But we really need to reform the income tax drastically. Due to lobbying to change the rules and tax shelters, the rich do not pay anything close to what would resemble a fair share. Whenever I hear those silly 60% percentage numbers, I snicker. No one pays those numbers.
Eddie,
You are right. Anytime you pay someone not to work. They won’t work. And with those stimmy checks on top of it? Why not.
I did a fair amount of digging and we are the only country that is paying those without and proof of hardship, what amounts to a pandemic dividend. Trump started this. Though I agree the Dems are equally guilty for continuing it.
? Yes they do
Libturd says:
May 7, 2021 at 11:41 am
Whenever I hear those silly 60% percentage numbers, I snicker. No one pays those numbers
Trump started this. Though I agree the Dems are equally guilty for continuing it.
A year ago, it was justified. What’s the excuse now? There’s jobs available everywhere and not just burger flipping shit. I keep seeing jobs such as Service Technicians, Sales Reps, Marketing Reps… f.ucking Robotics Technicians with the least amount of HVAC experience with “will train” tags everwhere. Go to “Indeed” and you’ll find a ton of available jobs. I cannot see why anybody doesn’t want to produce and earn.
Ed,
Hah, Kashkari..the architect of right’s TARP bailout, creating TBTF. What a colossal a-hole. Not that I disagree but if we stop the unemployment benefit then Fed should stop the bond buying. No freed ride anymore. Back to capitalism.
$54,000 per year, full benefits; they’ll train you. A GED and some enthusiasm will get you the job:
https://www.indeed.com/jobs?q=will%20train&l=Montclair%2C%20NJ&vjk=abc4aa893687f011
Chi Fi, only a communist would pay 60% . Surely not a capitalist. Though sometimes when I look at how under leveraged I am, I probably fall into the communist category.
…if we stop the unemployment benefit then Fed should stop the bond buying. No freed ride anymore. Back to capitalism.
Let it happen! I’m all for it! The term “equality” is another way of saying I’m a loser. Too bad… work s.ucks… life s.ucks… keep moving forward and stop being a p.ussy. I’m talking about the powder puff masses. How did we become so f.ucking whiny and weak?
11:57 Trump’s little Corp tax cut was instituted for no reason at all. Most firms shrugged and bought back stocks. Get a clue.
Chi,
You need a better accountant.
From what I’ve heard (first person) and read, the cheating and sheltering among the executive class is legendary. Worse yet, they are 75% less likely to be audited due to the IRS’ limited resources.
Attorneys. What will they come up with next?
“He became hooked with what I call ‘Foxitus’ or ‘Foxmania,’ Anthony Antonio’s attorney, Joseph Hurley, said at a hearing on Thursday”
https://www.dailymail.co.uk/news/article-9553889/Attorney-Capitol-rioter-stole-gas-mask-police-officer-says-client-Foxitis.html
Ed,
The virus has exposed the countries with poor infrastructure, poor facilities to support its population like India. It has also exposed countries who treat workers with no dignity or support like here. You want to get down to it – child care. Schools, daycare, summer camps, nannies..all f-ed up since covid. If you don’t addresss it then no one is going back to work fulltime.
Musk sends out a warning.
@elonmusk
Cryptocurrency is promising, but please invest with caution!
Eddie,
So then you would be cool with making minimum wage as your CEO makes 10,000 times your pay?
I get what you are saying and agree with it. But there’s fairness and boundless greed.
Q. Are you racist or something?
Karen: Yes I am.
https://youtu.be/aoIrrfqV_SY?t=101
So then you would be cool with making minimum wage as your CEO makes 10,000 times your pay?
I could care less if he makes 100,000 times my pay. Good for her or him. As long I have the ability to make money, what do I give a shit what the next person earns? You have an endless opportunity to learn, advance, make money, switch careers, all of the above.
Richardson police department, a city of 120,000 north of Dallas, is allegedly having an illegal ticket writing competition. Cops have complained about it at the town council meetings and have contacted the Texas Rangers to look into it.
https://www.wfaa.com/mobile/article/news/local/some-richardson-police-officers-say-ticket-writing-competition/287-c35e885a-d150-4b3f-a605-2c2bdb261391
Bystander!….Bingo….
I am sitting home with my youngest because SKOOL says he was near a covid positive person for 10 minutes, even though they social distance wear masks etc. It is a teacher who did not vaccinate BTW. We have about six more weeks of SKOOL then they will be off to camp every day until September.
Gov Murphy better deliver on his promise of no more remote school starting in September, and kill these nonsense quarantine rules. There is more than enough Federal money allocated to equip every single school with rapid testing for Covid, enough PPE to last for decades and heck they even got money to retrofit the air systems (which won’t be done in time for September). This nonsense of close contact 10 day quarantines and school shutdowns needs to end.
Anedotal – A NYC teacher who is coaching my son’s soccer team told me yesterday that many many many NYC teachers do not want to go back to the classroom. They know the kids aren’t learning. He tested his kids for the Regents Examinations which are now cancelled. He said 90% could not pass the test this year, it was a fuc*ki*ng waste of a year and a half already.
Of course he is Lib. Ayn said it is fine. Print money for the titans of business and take the crumbs to the masses. Time is the biggest enemy of hiring for both sides. Right now, a big middle finger to crying service industry who wants all profits and offer nothing to the employees. Screw your low margins. Get out the food business if you can’t compete. Same with recruiters crying to me that 65/hr is most they pay for like BoA NYC position. The biggest babies are in business who want everything on their terms with no negotiation. They are not desperate enough yet to pay for these roles. They wait it out for months and months for cheap candidate. I see it all the time. Right now, Biden should create new work regulations. Force these f&cks to spend some money now in US, not wait for India to return. Outsourcing tax would be great. Of course, this is fairy tale.
Well, America outsourced all of it’s manufacturing there. Is this not expected? Can’t maximize profits without polluting and dumping.
And in other news, should be a bumper crop of Spotted Lanternflies this year. Plus good luck hiring a tree guy as almost every Elm is a goner thanks to the Emerald Ash Borer. Guess China exported something too, just not jobs.
“China released a greater volume of greenhouse gases into Earth’s atmosphere in 2019 than all of the world’s developed nations put together, a study has found.
The eastern superpower has tripled its emission levels since the 1990s, crossing the 14 gigatons threshold for the first time ever in 2019.”
Correction.
Ash.
Time for coffee.
Just imagine how much coal is being burned for crypto. Dumbest trend I ever witnessed in my life.
Phoenix
Taiwanese and Koreans wear masks when they go out in public because the pollution drifting in from China is so bad. Some of the korean dramas i’ve watched the characters are talking about or hearing pollution counts on the tv or radio.
Bill Maher on crypto.
https://www.youtube.com/watch?v=HaJpYjO136o
Exiting flyover country:
Many cities in the Midwestern region of the US saw big population outflows over the last decade.
We found the 20 metro areas in the Midwest with the most net outmigration between 2010 and 2018, adjusted by the size of the 2010 population.
Danville, Illinois, saw the largest migration.
Source: https://www.businessinsider.com/cities-in-the-midwest-americans-are-fleeing?amp
And now this…..
The United States Covid-19 death toll has been undercounted by more than 300,000 deaths, according to a study conducted by the University of Washington’s Institute for Health Metrics and Evaluation (IHME).
“IHME found that COVID-19 deaths are significantly underreported in almost every country,” the institute wrote in a press release. “Many deaths from COVID-19 go unreported because countries only report deaths that occur in hospitals or in patients with a confirmed infection. In many places, weak health reporting systems and low access to health care magnify this challenge.”
While the U.S. has reported roughly 574,000 deaths due to the coronavirus, the study found that the total is actually some 905,000.
The study also concluded that the worldwide Covid-19 death toll is nearly 7 million — more than twice the reported number of 3.24 million.
So an update on my FIL, according to the doc, this is the 2nd case where vaccine has reacted with the patient to cause damage to the lungs. Should be released from the hospital soon, but the unknown is if he will require oxygen for the rest of his life. The first patient went home on oxygen. Phoenix has mentioned the vaccine and potential women’s reproductive health. He may be onto to something.
Fact Check 1 : yes, plenty of people are paying 50%+ tax rates. And no, unless you hire a quack accountant who will disappear when you get audited, there’s no legit way for most people in that category to get out of it. Maybe sole proprietors can figure out dodges, but there are plenty of professionals in partnerships and LLCs paying top rates with little recourse. As a reminder, Trump’s “tax cut” was a net tax hike for the number of millionaires I know in NJ.
Fact Check 2: Ayn Rand was absolutely against the debasement of money and was in favor of the gold standard to get the government out of the money-debasement business. And she was as much against government “helping” business as she was against government regulating business (beyond the common law legal system that already makes force or fraud illegal). We’re living in the world that the progressives created, against her advice, and you’re blaming Ayn Rand? Ignorant. The progressives wanted and got central banking, fiat money, regulated industries with plenty of opportunities to purchase favors and protection from government, a progressive tax system where non-producers get free money, the hardest and most productive workers pay the highest taxes, and lobbyists create plenty of tax rules “for the good of society” and their constituents. The progressives created a highly regulated financial system that suckles off the central bank and the treasury dept. It’s lefty progressive central planners at the Fed who are pumping up asset values and turning Cathie and Bitcrap into star investment vehicles, and now they want to reap what they have sown via higher capital gains taxes. Easy money progressives trying to pump up demand via the wealth effect are the ultimate “trickle down” economists. Maybe they should have not pumped up assets, devalued money, and distorted financial markets in the first place? Oh no, that’s what cold hearted Ayn Rand fans would say.
I don’t care how good things are I cannot escape a feeling of dread.
lol, Biden today was asked about extended unemployment being the cause for people not returning to work. He said no, no signs at all, “nothing measurable”. Maybe he missed that jobs miss?
ok, so does that study want to consider how their estimate measures up to the average deaths per year in the country?
Stop with the snark that avoids the truth. Yes, there are tons of tax cheats and individuals who take aggressive accounting positions. There are also plenty of highly compensated corporate types with W-2 income and standard lives (albeit high end and comfortable). I literally just had a conversation with my colleague about a client. $5M W-2. IRS $2M+ and CA most of the way to $700K. There is really nothing to be done.
Libturd says:
May 7, 2021 at 12:25 pm
Chi,
You need a better accountant.
From what I’ve heard (first person) and read, the cheating and sheltering among the executive class is legendary. Worse yet, they are 75% less likely to be audited due to the IRS’ limited resources.
Okay. I may be projecting my tax dodging expertise onto others. Which is stupid, as I’ve said here before. Most of the wealthy (and I know it’s not Alpine level) I know here are as dumb as a box of rocks. Perhaps I spent to much time in Rregal Montclair.
Though, my brother does quite well and though he complains about his taxes all day long, he said Trump saved him more than any president before him.
No one,
What progressives are you referring to? The corporate progressives who destroyed private labor unions or the military industrial progressives who created the debt war machine?
Teachers again, both of them. Well at least if they had kids he would be the one to get custody. Of course good luck getting any child support out of her.
https://www.dailymail.co.uk/news/article-9554935/Teacher-31-sentenced-seven-years-prison-having-oral-sex-female-student.html
Notice I wasn’t talking rates, I was talking share of total federal income tax collection. Effectively the top 5% pay 65% of income tax collected by the government in a given year and their income does not come close to 65% of the income generated in a given year. On the topic of rates it’s all about how you earn your money but even the capital gains rate is nearly 24% for the wealthy. If we want to talk about inheritance taxes, the government gives more away in stepped up basis than it collects in inheritance tax, eliminate both things, assets can move without tax liability at death it greatly simplifies things and the people who get inheritances tend to be profligate anyhow so you’ll still get the tax dollars.
Chi to your point those of us with captive income take the hit, if your the guy who makes the business happen but are not the owner you may have a big salary but effectively the owners of a business have much better tools at their disposal to avoid taxes. My dad worked for the Alpine crowd, his partners were loaded and he said in a given year they paid about the same in taxes as he did, the difference being they were paying 10% on their income and he was paying over 50%. Owner of businesses with pass through income can still leverage tax shelters and other such dodges that people with earned income cannot.
This is why the profession crowd always eats the tax increases. We might make 400k or 500k or even a 1m in a good year but it is earned income largely no escape from high bracket federal rates or state rates.
Essex you totally miss the point on the corporate tax issue, it doesn’t matter what they use the money for, they could light it on fire for all I care, the IRS was never going to get it and any attempt to collect on foreign tax from US corps would simply mean more companies moving to Ireland, Bermuda, etc.
They do have a kid, a son.
My bad.
A father finally gets full custody.
By default.
or better not to think about it ))
http://calpopefuta.ga/chk/3
JCer,
“Owner of businesses with pass through income”
That’s the big one and I said it from day one with Trump’s plan. He not so mysteriously left this huge loophole (or exception) open. Perhaps because that’s the one he abuses to no end. As do I.
Walking hopefully your FIL makes a recovery, but this does make the point, that in the interest of public health they are concealing serious vaccine side effects and bad reactions declaring it the safest vaccine ever. Meanwhile as soon as a single child dies from COVID it is national news. We should not be vaccinating the previously infected, it was not adequately studied during the trials and just from the perspective of immunoresponse an injection of an mRNA or virus vector vaccine presents a very different scenario than exposure to a virus in the wild even after there are no longer antibodies present. The large number of spike proteins will trigger a very strong immuno response vs. what happens in an infection where a small amount of virus makes it past your innate defenses and then is attacked by memory t-cells and b-cells until your body can generate antibodies again.
Any subsequent booster shot if it proves necessary(which at this point I am not convinced of) will likely need to have the dosage dialed way back to avoid a severe inflammatory reaction. Part of the reason COVID has been such a problem is the fact that it is a zoonotic virus which is unlike any of the other viruses(binding to the ACE2 receptor is new besides SARS) most people have been exposed to, with no memory cells triggered the immune system takes time to mount a defense and eventually signals too much of a response triggering inflammation and then death in some cases. I’d expect significantly lower mortality in subsequent cases or after vaccination if the infection can take hold. I’d be incline to think severe cases occurring with reinfection would be in the elderly and people with preexisting conditions.
lib the issue with loopholes is they are the golden calf of government. A good many people on both ends of the political spectrum leverage tax dodges and they don’t want these things gone. What we see is political theatre, they will never give these things up thes just need to appear politically expedient, don’t think any Democrat tax plan will get rid of these types of loopholes, they will raise your rates and your check will get smaller that is all, and all the tax lawyers will double down even further down the tax avoidance rabbit hole.
i keep thinking of that great interview with Cathie Wood by @SaraEisen and @WilfredFrost and i just think ARKK is only for the most aggressive, the youngest investors who can afford to lose a lot of money before making some back
https://twitter.com/jimcramer/status/1390775668011642888?s=21
30% from february highs, but ARKK has wiped out 80% of the investor value it has generated since inception:
Generated close to 12B of investor value in Feb down to ~2.6B today.
This is what happens when you have a high concentration of good jobs and strong industry. Capitalism goes to work.
Now people are going to leave, and it will drop as capitalism goes to work to bring them back.
“California’s median home price in March stood at $758,990, a new record. For the first time since 2008, the state built over 100,000 new housing units in 2020, totaling 103,073, according to the state data.”
And in the view of a long term investor….even after this 30% drop, she still destroyed the performance of the s&p500 this past 5 year cycle. You have to understand the long term growth game when analyzing arkk. It’s not a short term play and was never meant to be.
BRT says:
May 7, 2021 at 7:03 pm
30% from february highs, but ARKK has wiped out 80% of the investor value it has generated since inception:
Generated close to 12B of investor value in Feb down to ~2.6B today.
Did she hit every trend in the past 5 year cycle? Why wouldn’t she next cycle hit at least 50% at the minimum?
I was getting scared for a second, everyone was sucking her off. Her fund went up 30% this year. That time period was scary. Now that everyone hates her, the fund is leaking money, and the price has dropped significantly….now, and only now, do I know for sure that I’m on the right ship. When everyone is on it, I don’t anything to do with it.
Go all in please.
Reference my post at 9:38.
“I love this setup,” she said Friday on CNBC’s “Closing Bell.” “The worst thing that could have happened to us is to have the market narrowly focus on just our ilk of stock — the innovation space.”
https://www.cnbc.com/2021/05/07/cathie-wood-loves-the-set-up-for-her-stocks-after-sell-off-expects-big-returns-from-her-strategies.html?utm_source=facebook&utm_medium=news_tab&utm_content=algorithm
Yup. Corrections are opportunities for long term investors. Where the money is made.
“From our point of view — five-year time horizon — nothing has changed except the price,” she said. Back in February, Wood expected a 15% compound annual rate of return from her strategies, but after the recent fall in prices, she envisions that number rising to between 25% and 30%.
Fast Eddie was one of the few that understand blood in the street. He was the only individual besides me advocating to buy Manhattan real estate when there was blood in the street. Everyone else laughed at us.
Doesnt it phase out?
Libturd says:
May 7, 2021 at 4:31 pm
JCer,
“Owner of businesses with pass through income”
That’s the big one and I said it from day one with Trump’s plan. He not so mysteriously left this huge loophole (or exception) open. Perhaps because that’s the one he abuses to no end. As do I.
The working from home has to stop.
https://www.thelily.com/71-of-dads-said-working-from-home-boosted-well-being-only-41-of-moms-agreed/
If we are going to compare anything to 99 .com bust, it has to be crypto. Tech stocks…no way. Crypto….for sure. Joe public isn’t involved with tech growth stocks, but they sure as hell are involved with crypto.
Just like 99, internet was here to stay, but not all the bs companies with .com attached to their name. Apply the same mindset to crypto. It’s here to stay, but choose wisely if you are buying it. Most will die.
“Conventional valuation is also useless for cryptocurrencies which earn no interest, rent or dividends. Instead, advocates claim digital currencies will displace the fiat currencies issued by central banks as a transaction medium and store of value. “Crypto has the potential to be as revolutionary and widely adopted as the internet,” claims the prospectus of the initial public offering of crypto exchange Coinbase Global Inc., in language reminiscent of internet-related IPOs more than two decades earlier. Cryptocurrencies as of April 29 were worth more than $2 trillion, according to CoinDesk, an information service, roughly equivalent to all U.S. dollars in circulation.”
https://apple.news/A2_irfXhPSlqfwgHfXeVn9A
NFP:
-Strengthens Biden stimulus proposals
-Embarrasses those yelling about inflation
-Big increase in wages = more hiring
-“All models are wrong, but some are useful”
-BLS models are especially noisy
-NFP = overrated economic indicator
-“Nobody know anything”
https://twitter.com/ritholtz/status/1390646527446638598?s=21
Phoenix, thought you would get a laugh out of this tweet. It was in response to why people are not going back to work.
“Shitty employers are behaving like abusive spouses. Baby, we know we completely shit on your life, but come back to us. We’re different now. We’ve changed.”
https://twitter.com/andrewheinrich1/status/1390650628255399939?s=21
Yup, until I see huge raises for most workers, I refuse to acknowledge the coming inflation calls. I heard the same crap from 2009- 2013…inflation is coming. Inflation is coming. Run!!
My take, anytime the market gets caught up with this obsession with inflation and drives up the 10 year temporarily…understand it’s only temporary and creating a huge buy in growth stocks in the long term.
Newark’s Airport Could Become ‘Aerotropolis’ with Connections to Rail Lines
https://jerseydigs.com/newarks-airport-could-become-aerotropolis-with-connections-to-rail-lines
Looks like that out of control Chinese rocket has NJ in one of its potential reentry Paths, time looks to be 11 am Sunday morning + – 3 hours.
One of the potential paths of the Chinese rocket reentry is entering US Airspace over Texas headed north east over Washington DC headed north east to NJ over LBI. Another potential path is over Florida from Tampa to Orlando. Two other paths are over the Caribbean and another over Brazil.
I wonder how much CNN, MSNBC, FOX etc is going to hype this up in the next 24 hours.
Crypto actually does earn interest. There’s a ton of yield farming going on right now. Any pundit writing that obviously has zero knowledge of that market.
I’m surprised Murphy hasn’t ordered a shelter in place to avoid the rocket.
Sounds like the rocket is random comedown between 41 degrees N and 41 degrees S….Nice souvenir in your backyard lol.
Butts on all night long,,,,under foil now. Looking good. Ribs on shortly…It’s a bunch of tighter friends, last time we did this was a few months ago. Good reason to booze it up two nights in a row, prep one night then eat the next lol. Smoker travels from house to house.
Oldest got jabbed yesterday. Pfizer. Decided to get it done after some soft coaxing from his employer.
Watched the CW interview, actually recorded it after I realized options trade on her main fund…She seems like a very pleasant woman who from 2014 through the end of 2019 had what she wanted, a smallish but n1mble spec1alist fund that posted decent but unremarkable returns. When the Fed dumped rates on the collapse her positions and her assets under management exploded and that was not in her game plan. Bottom line, if you want a high beta, concentrated portfolio of long duration assets go for it with the understanding that there is a higher degree of operational risk here than at most of the (many other) comparable type funds out there.
Me, I’m not ready to plow back into a segment of the market with double digit revenue multiples in a down cycle and when I do re-enter speculative names it likely won’t be through her vehicle because of the added operational and concentration risks. YMMV.
“I’m surprised Murphy hasn’t ordered a shelter in place to avoid the rocket.”
Comment of thread, lol.
I laughed at the Murphy comment too.
So you guys roll a smoker from house to house? How does everyone know how to use it?
Chi, I think the pass through deduction is phasing out on the >400K crowd (who are most likely profiting off a corporation anyway, or should incorporate anyway). Pikers like you and me, still have it available.
https://www.fool.com/millionacres/taxes/articles/what-pass-through-tax-deduction/
Don’t forget to fill up this weekend.
https://www.washingtonpost.com/business/2021/05/08/cyber-attack-colonial-pipeline/
“They don’t want gig workers. And they don’t want employees checking in from a Greek café or Thai beach resort.”
https://www.bbc.com/worklife/article/20210323-the-bosses-who-want-us-back-in-the-office
Left,
With the right accountant you can probably write off those “Ribs and butts.”
Some accountants are able to write off the butts at Satin Dolls as well.
Bada Bing, Bada Boom.
“I’m surprised Murphy hasn’t ordered a shelter in place to avoid the rocket.”
Comment of thread, lol.”
If the Chinese were really good they would have had it come down in DC, then said “oops my mistake.”
Smoker is pretty easy…made in Alabama, welded together by a couple of hillbillies. Coming up on 20 years old…It’s a vehicle, wheels, trailer hitch, tags, registered.
Surprisingly simple but good tech lol. Firebox on the rear feeds smoke through the front and rear of the smoking chamber. Smokestack has a damper and firebox has side vents. Set those open about one-third and the fire is starved of oxygen….creates great smoke and a slow burn on the wood giving constant heat. Fire lasts a long time and the smoking chamber hangs right at 200. Even if you go wide open it won’t really pump appreciably above 250-275. Whoever’s yard we’re in just needs to remember when he does his 3am old man piss to reload the firebox.
Salmon an entirely different story…much less forgiving….need to produce smoke but keep temp definitely under 100….during hot summer nights that’s not even possible….
Fingers crossed this rain passes soon…..Pairing tonight’s meats with some Laphroig and Lagavulin….all-in on the smokiness lol.
I know a guy who writes off his shoes.
4:01 sounds legit.
Kinky teachers. Giving kids lessons on Zoom.
https://www.dailymail.co.uk/news/article-9557757/Spanish-teacher-prestigious-New-York-secondary-school-caught-sucking-topless-mans-nipple.html
Two women and a toddler shot in Times square are 5pm. Wow pumps there really is blood in the streets. Buy buy buy!
I need a pied e terror
lAKkdWxejXfRNMuw
JVtbDqNF
Next mayor will fix it.
Brt says:
May 8, 2021 at 7:37 pm
Two women and a toddler shot in Times square are 5pm. Wow pumps there really is blood in the streets. Buy buy buy!
Sorry, all the people that would be relied on to even vote for a decent mayor have moved.
Usually people were embarrassed of saying they were playing a penny stock…crypto made it cool.
BRT,
If you consider yourself smart, never bet against NYC. It usually a bad bet.
I’m not gonna lie, I’m tempted to buy some ETH…trying hard to stay disciplined and not give in to my inner greed for a quick buck.
BRT,
Should people be avoiding Florida?
“In Florida, three people were being treated in hospitals with non-life threatening injuries after being wounded in a shooting at the Aventura Mall near Miami, according to an Aventura Police statement.
Guns were drawn after a fight between two groups of people escalated, sending ” panicked shoppers fleeing,” AP notes.”
Wow great point. I’ll cancel my vacation to Disney right now.
I’m not gonna lie, I’m tempted to buy some ETH…trying hard to stay disciplined and not give in to my inner greed for a quick buck.
You sack of sh1t. I just sold half on this post alone. I was really enjoying the ride up.
This is you
https://www.youtube.com/watch?v=4ulWjFfLsL0
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