Everything wrong with NJ, summed up.

From Jersey Digs:

Orange City Council Ignores all Budget Cut Suggestions, Voting to Raise Property Taxes

The Citizens Budget Advisory Committee (CBAC), a nine-member board comprised of local business professionals, opposed the 6.35 percent increase in the municipal budget, proposing 11 recommendations in hopes of staving off a tax hike, but to no avail. Suggestions included repairing broken parking meters, putting a freeze on new hires, capping overtime pay, and limiting perks such as the police department’s dry-cleaning expenses that totaled $40,000 last year.

“I think if we are going to have a CBAC and we, as a council, are not going to look at anything that they say,” said Adrienne Wooten, Councilwoman-at-Large, “I think we owe them a line by line excuse why we’re not doing it.”

Wooten, who joined councilmembers Jamie Summers-Johnson and Weldon M. Montague in voting no, had previously served on the CBAC and remembered the committee’s proposal “fell on deaf ears” that year also.

However, Nile Clements, Chief Finance Officer, defended the new budget citing two critical expenses — a snow removal expense for $190,000 and settling a costly issue with pensions — as well as the purchase of three new fire trucks.

Meanwhile, there is a growing number of homeowners in Orange who believe the rate they are paying in property taxes — which, at 5.6 percent, is the second-highest in Essex County — doesn’t square with the services they are receiving from the city.

“I could pay the same amount of money or less to live in South Orange, and the schools would be better, the neighborhood would be better,” said Zonasha Ward, a CBAC member. “We have to take our children to South Orange, West Orange, or Maplewood to play or be in an activity.”

Near the top of most residents’ complaint lists is the ongoing fiasco at the public library that was detailed in a Jersey Digs report. In that story, an anonymous source alleges thousands of dollars in unpaid bills at the library. Since publication, all three of the librarians were terminated, leaving the city no choice but to shutter its doors.

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447 Responses to Everything wrong with NJ, summed up.

  1. dentss dennigan says:

    First

  2. dentss dennigan says:

    If you.re worried about taxes …this is not the state to live in

  3. grim says:

    Customs at EWR was a breeze yesterday, it was completely empty.

  4. Fast Eddie says:

    …and settling a costly issue with pensions

    Of course.

  5. Grim says:

    Read that second link about the library mismanagement.

    NJ public sector – anything goes.

  6. Phoenix says:

    How much do we pay for lawsuits against the police departments?

  7. Phoenix says:

    Daily Mail once again showing the s show America is becoming, plastered all over the front page.
    Then there was an article like this. What a way to start a cloudy Wednesday.

    https://www.jns.org/opinion/the-cost-of-disgrace-is-not-cheap/?fbclid=IwAR32x7jfnlQZt5lDI7hJOXETIm74drVK4Zfbxan2HSvwpuGrDMFujbS8Cho

  8. The Great Pumpkin says:

    We lost? Huh?

    Were not people upset that we were there, now we pull out, and the world all of a sudden is taking shots at us for doing so? Moral of the story, no matter what you do, these people will take shots at you when you are on top.

    What was the point of us staying there? Why don’t other countries go take on the taliban if they don’t like them.

    “Afghanistan was America’s longest war, and sadly, it must go down in history, like Vietnam, as one in which a superpower was defeated by a much weaker enemy. In both instances, there are good reasons to argue that defeat might have been inevitable despite the skill and bravery of the U.S. forces, and that of our allies, who fought there.”

  9. The Great Pumpkin says:

    I didn’t even consider Afghanistan a war. It was an operation to assist that govt. We no longer needed that govt in place and said see you later. Taliban didnt defeat us. We held down their power for 20 years. As soon as we leave, they come scurrying back.

  10. The Great Pumpkin says:

    Orange is a joke. I hope these people get arrested.

  11. 3b says:

    Phoenix: It all goes back to young Bush. The country really started its rapid decline once he was elected.

  12. Phoenix says:

    3b,
    It’s over. The die is cast.
    And the article I posted-that whole article is very telling. I will have to digest that one throughout the day.

  13. Phoenix says:

    Sorry Boomer,
    This one is on you.
    Not Gen Z, Not the Millennials.

    You.

    Leave the world a better place for those who come after you-never once in your vocabulary.

  14. BidenIsTheGOAT says:

    You must be kidding if you don’t think the military is teaching CRT. They have topics on it at West Point. The Biden indoctrination squad is spreading it government wide.

    https://www.nbcnews.com/think/opinion/general-milley-critical-race-theory-why-gop-s-woke-military-ncna1272558

  15. Phoenix says:

    In other news, a 68 year old retiree needs money in her old age and so is suing Bob Dylan for something that “allegedly” happened 56 years ago.

    Covid is ramping up. Delta to be followed by Lambda.

    West is still on fire. No chips for cars. Taiwan becoming an easier target by the minute.

    Bonds, stocks, housing at incredible unsustainable heights.

    Sounds like thunder in the distance.

  16. 3b says:

    Phoenix: Don’t worry we have the gods of the Fed in charge of the economy. We should be grateful we have them. And we have a President who does not have a clue who followed a President who was an absolute moron. We are most certainly in rapid decline.

  17. Phoenix says:

    Anyone who doesn’t have dual citizenship somewhere else might want to consider finding another country that is willing to take you.

  18. Phoenix says:

    3b,
    You can only give so much epi to a dying patient.

    Same goes with free printed fed money. It’s going to get ugly.

  19. The Great Pumpkin says:

    It was not a war. The world doesn’t want a real war. You want to destroy the Taliban, then go in there and start cutting their heads off. Destroy entire cities one by one until they surrender. But but but….no one wants war.

    “That mistake was compounded by President Donald Trump, who engaged in pointless and humiliating negotiations with the Taliban in order to try to make good on his promise to “end” a war in which the other side was determined to keep fighting until victory.”

  20. Phoenix says:

    In other news,
    NJ woman claims victimhood because her husband refused to replace her 3 year old Tahoe XL with a new one.

  21. The Great Pumpkin says:

    Find out where the Taliban leadership have their families, and start leveling those cities first. We were never really interested in eliminating the Taliban. We were only interested in containing their power so we could go about our business. And if they never give up, doesn’t matter, there will be nothing left to defend. That’s how an actual real war goes. Sherman’s march anyone? But we don’t have the stomach for that, do we?

  22. BidenIsTheGOAT says:

    We are in decline and the biggest reason that I can pinpoint is the decline of western values. Individualsm, Liberty and achievement are being replaced with soci@lism.

    Biden bumps the food stamp subsidy, locking a few more generation’s into welfare and single parenthood. Simply having a standard will get you accused of racism.

    Abandonment of western values is happening all around us and is being cheered by the left.

  23. Fast Eddie says:

    Individualsm, Liberty and achievement are being replaced with soci@lism.

    Yep. Equality, inclusion, tilting the field so all can play and then receiving a participation pony are not the cornerstones of effort, sacrifice and ultimately achievement. You can’t claim success by edict. You need to show something tangible.

  24. Bystander says:

    You expect to retain western values when every corporation has kissed the a%s of India and China for 20 and 40 years respectively? Trillions in debt to keep the charade going..personal responsbility starts with fiscal responsibility. When govt will do anything (literally anything) to ensure companies do not suffer a blip then the country attitude follows. You are describing symptoms, not cause.

  25. leftwing says:

    “If you.re worried about taxes …this is not the state to live in”

    LOL, doesn’t Murphy have an ad stating exactly that? If you are a ‘one line voter’ for lower taxes ‘NJ is not the state for you’?

    I thought you born&breds were batshit crazy when I moved here, but having your governor publicly look you in the eye on TV with a ‘fcuk off, we’re spending your money how we want and if you don’t like it, leave’ is beyond sadomasochism…what is wrong with you people, lol.

  26. grim says:

    I’m still floored over that second link.

    NJ municipal employees received additional salaries from FEMA?

    Meanwhile, 69 city officials padded their salaries with $10,000 or more in FEMA funds. The top earner of federal funds was Kathrina Nease, the water superintendent, who earned $156,000 in pandemic relief funds on top of her six-figure salary, followed by the mayor’s cousin and Director of Public Works Raymond Wingfield’s $90,000, and Business Administrator Christopher Hartwyk’s $74,000. Since publication of this piece, Hartwyk has reached out to us to contest these earnings.

  27. 3b says:

    Fast: I don’t believe that anymore. The corporations and the politicians sold this country out. The fact that that people can still believe this nonsense is amazing to me. The boomers left and right have destroyed this country.

  28. leftwing says:

    “It all goes back to young Bush. The country really started its rapid decline once he was elected.”

    Eh, I’d take it back about a century and given the intentionally limited Executive branch wrap in many more parties to the blame….

    Truthfully, we haven’t resolved issues from the founding…..urban v. rural, North v. South, Federalism v. Republicanism, etc.

    Seriously, take a dive back into our history even through Wiki, around our first Constitution (Articles of Confederation), ratification of the current Constitution (over which civil war nearly broke out), the Federalist papers….

    We are taught, sepia toned, through symbols such as Howard Chandler Christy’s famous depiction of a high brow birth of our nation…the reality was a screaming messy birth in the wild with the offspring still running in the wild.

    Look at any discrete 30 year or so period in our history…we simply replay one continuous loop with different actors and locations. I’m serious.

  29. 3b says:

    Left: I was thinking more in modern times. From when I was a kid to now, it’s been a steep decline in this country in every sector; nothing on the horizon says it’s going to get better.

  30. Fast Eddie says:

    Bystander,

    We’re not helping the cause by becoming bloated, tattooed muppets with a 70 IQ mentality. Each of us should be striving for better instead of watching the Bachelor or some (un)reality show. We have no control of those with huge earth moving machinery so the best we can do is dig our own trench and lay our own foundation.

  31. Jim says:

    Left,
    “If you’re worried about taxes …this is not the state to live in”

    That add is by his opponent Jack Ciattarelli, but he did say it! Murphy will win by a landslide, and the NJEA will continue to benefit at the expense of the taxpayer. With this administration nobody represents the taxpayer, just like the good old Corzine days.

  32. Hold my beer says:

    Grim

    They are pikers compared to what Afghanistan’s leaders siphoned away. And then everyone is shocked that the military wouldnt fight. There has never been a successful democracy without a vibrant middle class. And as our middle class shrinks we have republicans turning to authoritarianism and Democrats embracing tenets of Marxism and tearing down anyone who doesn’t support their ideology and opinions.

  33. 3b says:

    Fast : Seems like everyone on the beach last week had tattoos from 18 to 80, and not just one but multiple, some all over their bodies! When I was a kid growing up in NYC only the motorcycle gang guys had tattoos. Now it’s suburban Moms pushing carriages. I wonder what the real bad boys and girls do now?

  34. 3b says:

    Hold The Dems are becoming just as authoritarian.

  35. No One says:

    The main reason Western civilization is slouching downhill is that individualism and a belief in free will has been abandoned, and with that, a view that one is personally morally responsible for one’s actions and choices.

    The left wants to simultaneously rhetorically glorify the national collective while simultaneously balkanizing everyone into sub-tribes of virtuous victims and vicious victimizers who battle for power over the regulatory state. Techno and corporate-elites back the woke narrative, assuming that their promotion of leftist propaganda, plus their legal teams and lobbyists, will allow them to write loopholes to favor their interests, plus assuage their guilt for being wealthy when they discuss all their progressive luxury beliefs with like-minded elites at fancy dinner parties.

    The right tries to re-write a secular government as being some sort of religious pact, which it never was, and have turned foreigners and immigrants as the bogeyman to blame for the consequences of their multi-decade acquiescence to the growing US welfare state. Now that they are in favor of a big welfare state, they are resentful that poor uneducated whites aren’t getting what they view their “fair share” of redistributive plunder. The right generally is also anti-individualism, wanting to push everyone into a national “judeo-Christian” collective entity, occasionally using liberty and freedom as buzzwords but rarely applying such ideas in governance, other than when blocking opponent legislation.
    Neither the right or left care about fiscal discipline when they are the ones putting the line items on their budget.

  36. No One says:

    I think it’s a good time to re-read The Fountainhead. The theme of that novel is the battle between individualism and collectivism, and it was written at a time when virtually all societies were embracing collectivism, either of the Communist or Fascist variety. Like now.

  37. leftwing says:

    No One at 10:43a, spot on.

    “The theme of that novel is the battle between individualism and collectivism, and it was written at a time when virtually all societies were embracing collectivism, either of the Communist or Fascist variety. Like now.”

    To my earlier point of unresolved differences…..

  38. Anon says:

    This is an interesting wrinkle in the struggle against corporatocracy. I don’t believe it is an accident that the US makes it hard to survive without a 9 to 5 (ie by linking health insurance and retirement benefits to corporate employment, providing minimal food and housing safety nets, etc.). It’s hard to be a rugged individualist when for all intents and purposes you are just viewed as an input, regardless of your economic ideology.

    “The “lying flat” movement calls on young workers and professionals, including the middle-class Chinese who are to be the engine of Xi Jinping’s domestic boom, to opt out of the struggle for workplace success, and to reject the promise of consumer fulfilment. For some, “lying flat” promises release from the crush of life and work in a fast-paced society and technology sector where competition is unrelenting.”

    https://brook.gs/2VXwT7J

  39. The Great Pumpkin says:

    Good posts.

    The weak can’t handle individualism. That’s why they run to collectivism crying/begging to make life “fair.” Losers. They don’t want the challenges individualism bring, instead they want the state to take care of them.

    No One says:
    August 18, 2021 at 10:46 am
    I think it’s a good time to re-read The Fountainhead. The theme of that novel is the battle between individualism and collectivism, and it was written at a time when virtually all societies were embracing collectivism, either of the Communist or Fascist variety. Like now.

  40. leftwing says:

    “I was thinking more in modern times. From when I was a kid to now, it’s been a steep decline in this country in every sector; nothing on the horizon says it’s going to get better.”

    I understand….but my point still stands.

    I don’t have the time but I suspect objectively the data don’t support your statement…measured economically I would expect nearly every entity is better off than its comparable entity from a prior period…and that is without adjusting for qualitative factors not picked up in economic measures (eg, SubZeros have replaced ice boxes)….

    Economically, across longitudinal groups, most ought to be able to be shown much better off across time. So there has to be something else causing such feelings of unrest. My vote, these unresolved (unresolvable) issues the Republic has struggled with since inception.

    These issues cause major shifts in the *relative* standing of each group in a shorter period of time, and I believe that is what we are dealing with now.

    Certainly every percentile’s life is better now by nearly any objective measure than in, say, 1980? So this discontent must be something else.

    If there is a measurable negative difference on some counts I suspect most can be traced to the demise of the traditional nuclear, one spouse working family.

  41. Phoenix says:

    China vows to ‘crush’ any US troops on Taiwan ‘by force’ and conducts live fire naval exercises in South China Sea after Biden abandoned Afghanistan
    Editorial in regime-backed paper lashed out at US Senator John Cornyn who erroneously stated there were 30,000 American soldiers stationed in Taiwan
    Global Times piece called it ‘equivalent to a military invasion of Taiwan Province’
    China conducted naval drills off Taiwan on Tuesday in latest show of strength
    Comes as Washington is still reeling from disastrous surrender of Afghanistan

  42. Hold my beer says:

    Afgan’s former president supposedly had 169 million in cash in his getaway chopper. How much more did he have overseas in luxury houses and condos and bank accounts?

  43. Bystander says:

    Ed,

    I agree but I see problem much more severely. It is not just those low ambition, low IQ folks that are issue. It is that education, certification and professionalism are being tossed to the wayside by corp America for cheap labor in other countries. The vortex of new trainings and new certs are out of control. You can’t keep up nor compete when cheap labor can get same. Online assessments tools now dictate whether you will even get intereview. P&G apparently won’t let you apply for a job for 12 months if you fail to meet intial assessment standards. How the f does that happen? It happens because they can go around the globe to get work done and ultimately don’t want American labor. There is also absolute discrimination for above 40 crowd. I feel horrible for my neighbor. Mellow guy who works in batch support. He is 60 and unemployed for a year nearly. Had 6 interviews at 3 companies over last two months and zero offers. I know many people in same boat. Something has to change in corp America and only legislation can do it.

  44. 3b says:

    Phoenix: How does a US Senator not know that we don’t have troops stationed In Taiwan. It’s astounding!

  45. 3b says:

    Left: It’s an interesting conversation, but are we really better off economically now than we were 30 or 40 years ago?? In some respects yes, in others I would argue not, especially for the younger generations. As for General happiness , I would argue we are not, people have more crap but I don’t think they are any happier. I don’t know how how true it is, but I read a couple of years ago that 50 percent of American adults had been or are in therapy. That seems like a high number to me.

  46. Hold my beer says:

    3b

    Taiwan, Korea, Okinawa are all the same to lots of Americans.

  47. Nomad says:

    Bystander says:
    August 18, 2021 at 11:21 am

    We have definitely become soft. A tour of the lower east side tenements demonstrates that being pampered for decades results in a weak society.

    We have too much consumption and not enough production and the tipping point / beyond return point is sooner rather than later. Sad thing is we really do have some great innovation in this country, need more and need production to be on our shores.

    When Perot ran for President, he said taxing the rich was a farce and that the tax base rested “on the broad shoulders of the middle class and if they are not working, our economy goes into a tail spin in a hurry”. Rich need to pay but we need to have many millions more good middle class jobs. We still don’t make penicillin in the states anymore and most of Pharma comes from China, India. Scary.

    Side note, heard Jason Kander last night talking about differences for US Military and Afghan Military and that the latter, has to worry when they fight Taliban that their enemies will find out where they live and pay a visit to their spouses and kids which is a risk factor I had not thought of.

    Lib, on your ETF, checked it out on Morningstar, pretty high duration and 3 stars, if you don’t mind me asking, what compelled you to buy it? I know fed won’t raise for some time. If you like dividend stocks, check out https://www.suredividend.com you don’t have to sign up and they will send you links for their excel databases with all the sort functions enabled. They have the same for Dividend Kings, Bus Dev funds and Reits I think.

  48. 3b says:

    Hold : I guess so, but still blown away by that statement, absolutely clueless!

  49. Phoenix says:

    Bystander,
    America, to it’s core, hates it’s own. Corporate America is just corporate. Read a piece from a vet with a purple heart yesterday. Devastated how over 2k soldiers lost their lives for nothing.
    The core of this s hole country is rotting out. Greed will do that.

    And Eddie,
    “Each of us should be striving for better instead of watching the Bachelor or some (un)reality show. ” Yeah, well that’s another giant f. I did that. Worked, college educated. Saved and invested. One crazy beech and that is all it took the “system” in America to destroy my life.
    Plenty of us out here that have had similar outcomes but nothing changes.

    Yesterday I saw a bunch of Spotted Lanternflies. They tell you to kill them.
    Screw it. Watched them go. Let the damn things take over. You imported them boomer to pad your retirement. They will never do as much damage as you did you locusts.

    This is your hero.
    https://www.youtube.com/watch?v=khZo4QMdTF8

  50. The Great Pumpkin says:

    China calls for curbs on ‘excessive’ income and for the wealthy to give back more to society

    https://www.cnbc.com/2021/08/18/chinas-xi-emphasizes-common-prosperity-at-finance-economy-meeting.html

  51. Phoenix says:

    3b,
    You would be surprised how many “so called” educated don’t know practically anything. I’m not the least bit surprised how clueless those that run this empire are.

    They are going to get us into WW3

  52. Anon says:

    No One,

    Great post @ 10:43.

    I’d reason that to some extent, the ability of individuals to control their free will is being impacted by various external forces – and more so now than in past generations.

    Look at global obesity rates. It has become too hard for many people to make healthy dietary choices. Cheap, super processed, shelf stable foods and unhealthy fast food are more practical options to many people who are raising a family and working 50+ hours a week. Shopping, meal prep, sit down dinners – to many families these are luxuries due to a lack of time.

    Saddling kids with 10 years of student loan debt right out of the gate is another example. For many, getting out from under that weight is all consuming. Sure, they (and their families) had a choice. But society doesn’t make it easy to go against the grain – especially when corporations require degrees for jobs that previously didn’t require them. When is the last time you saw “willing to train the right person” posted for a job versus “must have masters, credentials, and experience in all aspects of our industry.”

    And I know it has been pointed out before, but you can’t have a system that holds individuals accountable when the entire financial system gets bailed out time and time again. What is good for the goose is good for the gander.

  53. The Great Pumpkin says:

    China seems to be moving quickly with this consolidation of power. Making sure no individual is powerful enough to take on the state.

  54. Fast Eddie says:

    … “must have masters, credentials, and experience in all aspects of our industry.”

    When I read something similar to this in a job description, it’s an instant red flag. It means that management is a bunch of d1ck heads and that that job is open because it’s intolerable.

  55. Phoenix says:

    Bunch of guys wearing rags and driving Toyota pickups just defeated the largest Army in the world.

    Boomer female today can’t even get off the toilet, does her shopping from there. Then orders Uber Eats rather than cook in her 70k kitchen she demanded to have.

    Soft, limp, and no spine. No manufacturing. Cries when the power is out for 30 minutes. Can’t live a week without AC. 6 inches of snow and you panic at the grocery store.

    Can’t wait for my wealthy neighbors to offer once again to knit empty grocery bags for the homeless vets. They can all go to Melissa’s 4500 sq ft house and sip wine while doing it and complaining about the men the medium/low quality men they married and how they could do better.

    Then Tara can load the mats into her frost white Yukon XL and do her civic duty.

  56. Phoenix says:

    Saddling kids with 10 years of student loan debt right out of the gate is another example.

    Yup.

    It has become too hard for many people to make healthy dietary choices. Cheap, super processed, shelf stable foods and unhealthy fast food are more practical options to many people who are raising a family and working 50+ hours a week.

    When Perot ran for President, he said taxing the rich was a farce and that the tax base rested “on the broad shoulders of the middle class and if they are not working, our economy goes into a tail spin in a hurry”.

    Yup.

    Yup.

    you can’t have a system that holds individuals accountable when the entire financial system gets bailed out time and time again.

    Yup

    China seems to be moving quickly with this consolidation of power. Making sure no individual is powerful enough to take on the state.

    Yup

  57. Bystander says:

    Another thing – I think there are more staffing agencies in this country than candidates. It is absurd the amount of contacts which originate from small firms. I almost never get the same place twice. How can that be? All little shops looking for short term hiring – 3 mos, 6 mos on W2 with sh*t rates. That is a huge change over last 5 years and I would say now 90% of the market for jobs.

  58. Phoenix says:

    My stock tip of the day
    Invest in Guns and Ammo.

  59. 3b says:

    Anon: I know so many young people with 50k to 100k or more in student loan debt, it’s staggering, but their parents wanted to put the $5.00 sticker on their big ass SUV. They paid for the sticker, but not the tuition while living in their Mc Mansion with a 18k a year tax bill.

  60. Phoenix says:

    Bystander,
    I have been reading your posts for a while.
    Absolutely disturbing the way we treat our fellow American workers.

    Same way we treat our soldiers.

    Makes me want to be a patriot /s

  61. Phoenix says:

    I saw this “attitude” from some scum that worked for a company then known as Arthur Andersen.

    Now those cretins were an invasive species that needed to be eradicated.

  62. Bystander says:

    Nomad,

    Yes we are soft bc it is a debt driven, consumer economy. Take more money, 0 down, Buy now, pay later..or don’t pay us at all..default, BK who cares? Uncle Sam will make corps whole via bailouts or tax breaks. Is it really any wonder?

  63. Phoenix says:

    “The cost of disgrace is not cheap
    Americans will get over the humiliation they may feel about the disaster in Afghanistan. But allies like Israel must draw conclusions about the decline of the United States as a world power.

    That won’t be the case for other American allies, including those like Israelis, who, thankfully, don’t depend on the presence of U.S. troops to defend them against enemies. The United States may still be a country whose national defense is a function of oceans and continents. But smaller countries that live in dangerous neighborhoods inhabited by those, like Hamas in the Gaza Strip and Hezbollah in Lebanon, where the victory of Islamists like the Taliban will indeed be celebrated, are, however, forced to draw harsh conclusions about their alliances with the United States and whether its government can be relied upon to keep its word when the chips are down.”

  64. Phoenix says:

    While there is still time to reverse course, at the moment, Washington is giving every indication that it is a declining world power drifting into an incoherent and ineffective stance against Iran’s terrorist threats and nuclear ambitions, as it has done in Afghanistan.

    That leaves Israel and its Arab allies more dependent on each other than ever. And it must force them to think of the necessity of both acting on their own without the United States, as well as to consider reaching out to other powers like Russia and China even though their intentions are far from benevolent and cannot be trusted.

  65. Bystander says:

    Phoenix,

    When you work for large bank and your role is now basically trying to keep our team from collapsing while trying to explain to a deaf management why our delivery is impacted, it is hard to be positive. The admin obstructions, hiring rules and overall cheapness is unlike anything I have ever seen. At the same time. they want to completely get rid of any type of management layer and believe teams can self-actualize their delivery in India. Mutliply this thinking times number of US corporations.

  66. Phoenix says:

    Bystander,
    I feel your pain. And don’t think it’s much different in my industry either. I just trained and lost some of the best kids ever.

    They had it all. Drive, ambition, skill, empathy, courage.

    They were so demoralized they left. Only a bean counter can do that to you.

  67. leftwing says:

    “That won’t be the case for other American allies, including those like Israelis, who, thankfully, don’t depend on the presence of U.S. troops to defend them against enemies. The United States may still be a country whose national defense is a function of oceans and continents.”

    Phoenix, those are the paragraphs that grabbed my eye. And especially the concept above…it is underappreciated by our populace how insulated we are from geopolitical events given simple geography….

  68. leftwing says:

    “I know so many young people with 50k to 100k or more in student loan debt, it’s staggering, but their parents wanted to put the $5.00 sticker on their big ass SUV. They paid for the sticker, but not the tuition while living in their Mc Mansion with a 18k a year tax bill.”

    If you file a 1040 and student debt forgiveness goes through YOU will have paid for that education, tuition, and their McMansion……..

  69. Anon says:

    leftwing @ 12:29

    It’s probably only fair. The government gave $1 trillion to businesses via PPP. Many, many of which didn’t need or deserve it. Kids don’t get to choose their parents, let’s write them a check too.

    “If you file a 1040 and student debt forgiveness goes through YOU will have paid for that education, tuition, and their McMansion.”

  70. The Great Pumpkin says:

    Truly pathetic. Raleigh…

    “The school district is hiring teachers, it’s 62 teachers short. They wanna pay 42k a year? That’s embarrassing…”

    https://twitter.com/ffmike_/status/1427731388372033537?s=21

  71. The Great Pumpkin says:

    Yup..

    “this is why i quit teaching. i knew it wasnt going to be lucrative but didnt realize just how much effort you have to put forth for drastically less money than where i work now. much respect for any teacher grinding, it’s hard”

    https://twitter.com/jasonte20467011/status/1428004604533432331?s=21

  72. Fast Eddie says:

    Public school teachers work 180 days per year while most Americans work 245 days per year. This means teachers get nearly 13 weeks more vacation time than the typical US worker. If you’re a PS teacher in NJ, you’re approaching physician level salary.

  73. Phoenix says:

    Not all are worried about the women and children over there. Some are living the good life. Wonder if she wears a pink hat on the weekends.

    https://www.dailymail.co.uk/news/article-9904783/Daughter-Afghan-president-fled-Kabul-living-Brooklyn-artist-filmmaker.html

  74. Phoenix says:

    Pumpy,
    You are in NJ, the teacher money making capital of the world.

    What are you going to do next, claim you make the same money as a teacher in Honduras?

  75. Phoenix says:

    Student loans:

    Do they ever make a college campus that doesn’t look like a royal palace anymore?

    You need marble and granite in order to teach physics?

    Ahh, no one who wants to make money learns that anyway, you go into finance if you want to be rich.

    “If you’re a PS teacher in NJ, you’re approaching physician level salary.”
    If physicians worked the same amount of hours as teachers, they would probably make less after paying for their own benefits, office staff, and malpractice insurance.

    Look at granny. Walks into a Staples, makes the mistake of mouthing off to an angry female who decides to pummel the crap out of her and break her leg. Now the old battle ax is suing the STORE for not protecting her- and I am calling her that because she should not sue Staples. But this is the American way, you sue anyone you can, not the one who did the damage to you. Same thing happens in medicine, physicians get sued cause deadbeats without car insurance mess up your life but can’t pony up enough to pay, so you go after the pockets.
    Just like Afghanistan, no one seems to be able to solve this either but everyone is collecting a check.

  76. Phoenix says:

    LW,
    There is plenty in that article to read-the attitude, and the direction of the future as well.

  77. grim says:

    He fled with $169 million?

    Not bad.

    What’s the price on his head?

  78. grim says:

    The universities that graduated the people who invented the 21st century didn’t look much better than the average US high school, save for a few.

    I remember walking through some of the old UC-system buildings in the early 2000s, they were built in the 60s and 70s, and were considered modern at their times. There was no embellishment. Perhaps it was the brutalist architecture of the style, but paint-on-concrete (if even painted), was the norm. About as far from a palace as you could get. Contrast to modern day NJ universities? My mouth still drops open walking even Montclair State campus. Hell, I remember walking through Princeton and not being as impressed (yes, the tudor exteriors were all pretty, but these buildings are old). Suspect a very large portion of tuition is going to funding this empire building.

    Do you really need much more?

  79. Phoenix says:

    This is why I never say anything to anyone. You never know how short their fuse is. Although I do have sympathy for this person there has to be a better way of getting restitution other than suing an innocent party.

    https://www.nj.com/bergen/2021/08/nj-woman-sues-staples-after-shes-attacked-telling-customer-to-put-on-mask.html

  80. Phoenix says:

    Grim,
    Don’t know.
    But she has the stones to ask Americans what they can do.

    She is the one sitting on over 100 million dollars living a life of luxury. Maybe she should “jihad” herself up and go out there and do something instead of more of our men dying and wounded.

  81. leftwing says:

    “It’s probably only fair. The government gave $1 trillion to businesses via PPP. Many, many of which didn’t need or deserve it. Kids don’t get to choose their parents, let’s write them a check too.”

    Hope you’re being sarcastic there…..

  82. Fast Eddie says:

    There’s a cousin in the family that teaches 3rd grade in an Abbott district. Their salary is $105,000/39 weeks. Calculated monthly, the gross paycheck works out to be $10,770… per month… for a third grade teacher. That’s in addition to the Mercedes benefits package. Any questions?

  83. Phoenix says:

    The problem is not giving the youth money for schools.

    The problem is that colleges are overpaid institutions.

    LW you posted 2 individuals the other day who had “pedigrees” like dogs at Westminster.

    I don’t think either one could outsmart you tactically.

  84. Phoenix says:

    Eddie,
    No one cares about facts.

    Deflection begins in 60 seconds…

  85. Phoenix says:

    “Suspect a very large portion of tuition is going to funding this empire building.”

    And the royalty of the chambers within.

  86. Phoenix says:

    Americans worried how to pay for college.

    Korean kids in school 24 hours a day learning how to hack into every system in America, not demanding to get rich doing it.

    They will keep plugging and plugging away at you day in, day out until they penetrate what they need to get like a prisoner thinking about a way to escape a jail.

    The boomer will want to save money, so won’t pay for good security. Boom, it’s done.

    The list of institutions in America that have been hacked is astounding. Bet many places don’t even know they are hit.

    Expect the wonderful “Pegasus” software to be dissected and reused, just like Stuxnet and other “hacking” software.

    The future is going to be fun.

  87. Phoenix says:

    I’d wager to bet there are plenty of corporations in America still running Windows 7.

  88. Bystander says:

    “Do they ever make a college campus that doesn’t look like a royal palace anymore?”

    Spot on, Phoenix. My town has two D1 universities – Fairfield U and Sacred Heart U. Sacred Heart has always been the step-child to Fairfield’s quaint stonewall, leafy green campus in rich part of town. SHU got Bobby Valentine (yes that one) as AD some years back and they have been on astounding spending spree for 6 years. Bought old GE HQ for IT campus, new dorms, new student center, built/improved new atheletic facilities, building new stone quad ($$$$), leased (paying for all repairs) rotting theatre for acting program. They even bought failed University of Bridgeport campus and now building new state of art hockey arena . Tuition/R&B was about 60K before these bills come due. I saw a group of tubby girls donning grad hats a few months back, standing on SHU sign and one started puking in middle of photo. There you go. They realize education is second and having big shiny campus with D1 sports will propel third tier students to sign up for 70k/80k year in the future. Absurd but true. No other way.

  89. The Great Pumpkin says:

    What’s the problem? Your cousin has prob been teaching for a very long time. Third grade in an abbott district is no walk in the park, esp if you have been doing it for 20 or more years. Remember, these kids are needy today.

    Fast Eddie says:
    August 18, 2021 at 2:23 pm
    There’s a cousin in the family that teaches 3rd grade in an Abbott district. Their salary is $105,000/39 weeks. Calculated monthly, the gross paycheck works out to be $10,770… per month… for a third grade teacher. That’s in addition to the Mercedes benefits package. Any questions?

  90. Libturd says:

    Nomad,

    Sorry for the delay. Down in CHOP all day. D’s first cancer check MRI without sedation. I told him they are putting his head into a donut. If he moves, he’ll get jelly all over it. Those red lantern flies are everywhere down here.

    As to the AGG ETF. First, forget Morningstar ratings completely. Everything that has done well return-wise in the past gets their 5-star rating. The problem is, every five star fund fills up with overvalued crap and returns to mean eventually. I run from 5-stars. I look for three stars. Two stars or below, are the true duds. Three stars become 5-stars and vice versa. The second reason I like AGG and this is the REAL reason, is that I charted it against the overall markets during both Trump’s December to remember as well as during the initial Pandemic market crash. It performed incredibly well. Why? Because these large cap dividend payers are stalwarts. They don’t get overvalued like all of the tech companies today that refuse to pay dividends.

    Pretty simple once you remove the noise.

  91. Bystander says:

    SHU is also famous for hosting a pancake eating contest on campus, where student died from asphyxiation from pancake getting lodged in her throat. True.

    BRIDGEPORT — Sacred Heart University has agreed to pay a settlement to the family of a 20-year-old college student who fatally choked while participating in a pancake-eating contest at the university in 2017.

    The settlement — the details of which are not being disclosed — ends a lawsuit against the university that was filed in state Superior Court in April 2019.

  92. Anon says:

    I was not. Maybe if along with student loan debt forgiveness (all in at $1.5T?), we also stopped giving out giant heapings of debt for college education, things would return to a more natural state where people weren’t sending their kids to a country club of suspended reality with money they don’t have.

    As an aside, why do so many people object to the govt working to help individuals directly, yet support the bailout of corporations and industries? Yes, we don’t want to reward bad behavior but let’s spend trillions on the military industrial complex and trillions bailing out financial institutions and trillions subsidizing agriculture industries and trillions subsidizing green businesses through bad energy policy. And then we can blame people who are struggling for being lazy and not working hard enough.

    leftwing says:
    August 18, 2021 at 2:09 pm
    “It’s probably only fair. The government gave $1 trillion to businesses via PPP. Many, many of which didn’t need or deserve it. Kids don’t get to choose their parents, let’s write them a check too.”

    Hope you’re being sarcastic there

  93. 3b says:

    Anon : The problem with that is many of us paid for our kids education, I know our choice, but what do we get? It’s a matter of fairness, or perhaps that does not matter anymore.

  94. Phoenix says:

    3b,
    And some of those kids are paying into Social Security and Medicare, that they will probably never see.

    And divorced parents are collecting Biden checks, but not sharing it with the other parents. Good luck collecting that.

    And some are getting paid to be vaccinated, while others who were at high risk took it early in order to survive.

    And some people get to work at home, while others have to face the music.

    And half the population has to sign up for Selective Service, but the other half does not.

    I paid more in taxes than Jeff Bezos, and LW paid probably double what I did.

    This list can go on forever. No way it’s ever going to be fair.

    Wanna watch something that’s not fair, watch this. Absolutely disturbing.

    https://youtu.be/bYH992ynhdU

  95. Juice Box says:

    No dollars for you Talibanistan. I would think food and fuel are going to be hard to come by real soon.

    “The US has frozen most of the roughly $9.5 billion dollars the Afghanistan central bank holds in reserve, according to reports.
    Afghanistan’s acting central-bank chief said on Wednesday that the move would cause problems for the Taliban, leaving them with little cash and the prospect of sharp inflation.
    President Joe Biden’s administration on Sunday froze Afghan central bank reserves kept in the US, the Washington Post reported on Tuesday. Bloomberg reported that the US had frozen nearly $9.5 billion in assets.
    “Any central-bank assets the Afghan government have in the United States will not be made available to the Taliban,” an administration official told the Post, on condition of anonymity. Insider has contacted the Treasury Department for comment.”

    “Afghanistan’s currency, the afghani, traded at a record low of around 86.1 per US dollar on Tuesday, according to Bloomberg data, after falling sharply from around 80 per dollar two weeks earlier.
    The country’s acting central-bank chief, Ajmal Ahmady, who fled the capital Kabul as it fell to the Taliban, tweeted on Wednesday that the population could soon face strong inflation as a result of a weaker currency driving up the cost of imports. “This will hurt the poor as food prices increase,” he said.
    Ahmady also said the Taliban would likely have to implement capital controls – that is, limit the amount of money leaving the country – to try to keep a grip on the economy. “Taliban won militarily – but now have to govern. It is not easy,” he said.
    Estimates of the amount of assets frozen vary. A filing by Da Afghanistan Bank showed that it held around $10 billion of reserves on June 21, according to conversion rates on that date.
    Ahmady said on Wednesday that the central bank had reserves of around $9 billion last week, with roughly $7 billion in the US Federal Reserve system in the form of US government bonds, gold, and other assets.”

    https://markets.businessinsider.com/news/currencies/afghanistan-us-freezes-assets-reserves-afghani-economy-taliban-central-bank-2021-8

  96. Anon says:

    The rise in student debt and arms race in college campus development are directly attributable to the Higher Education Act of 1976 and the Bankruptcy Abuse Prevention Act of 2005, making it exceedingly difficult to discharge student loan debt in bankruptcy and further incentivizing lenders to increase the size of their loans by removing any degree of risk. Who do you think lobbied for those laws? High school seniors?

  97. leftwing says:

    “Maybe if along with student loan debt forgiveness (all in at $1.5T?), we also stopped giving out giant heapings of debt for college education, things would return to a more natural state where people weren’t sending their kids to a country club of suspended reality with money they don’t have.”

    Don’t disagree on turning off the public funding but as to forgiveness that would be counterproductive, no?

    If people believe there are no consequences to their actions – ie, upside is they win, downside is they don’t lose – how does that incent them to not buy what they can’t afford?

    “As an aside, why do so many people object to the govt working to help individuals directly, yet support the bailout of corporations and industries? Yes, we don’t want to reward bad behavior…”

    I don’t support bailouts of either and it’s not even about behavioral modification…you want to drive your company or family off a cliff that is your business, I won’t interfere in your decisions, but don’t expect me to pay for them. That’s for your account.

  98. JCer says:

    I still remember being at U of M, it ran with the efficiency of a communist republic. Almost nothing was run well, they were always more concerned with being a “fair” employer rather than the ridiculous sums of money they were charging the students. they were building buildings with no real purpose meanwhile the student dorms looked like prison cells and the dorm food was a few steps below prison food. The facilities department was incompetent, things were constantly in state of disrepair for excessive periods of time. Even the IT department was incompetent, they had such issues keeping email and authentication servers up, they INVENTED LDAP at the university, but were unable to do basic capacity planning! The only pressure in a university is applied to the professors to keep publishing and getting research grants, bring in the dollars and prestige. The rest the administration could care less about, the students will pay for it regardless of price, who cares how bad things are. If a building is falling apart, we wont do basic maintenance, we built a new one and will replace or renovate the old one when it gets bad enough.

    College inflation is nuts, unless my kids get into top schools I’ll send them to school in Europe or Canada and save a bundle on Tuition. Employers certainly aren’t willing to pay for it, they’d rather hire Sanjeev from The Islamabad University of Technologies for 10 bucks an hour vs. a recent college grad from a mid tier school. My wife is experiencing it right now at GS they want to hire Ops folks in NY but they haven’t changed the base pay in 15 years. It’s more lucrative to become a teacher in an Abbott district than to start at GS as an Analyst in their back office and oh they want their 5lbs of flesh for the pittance they pay. They can’t hire anyone from top schools, my wife thinks they are pushing to hire minorities, women and from HBCU’s because most of these folks don’t know better and don’t have anyone advising them on how badly they are being fleeced because they are generally first generation college in their families(bad pay, bad hours, and bad career prospects). It gets worse, they are in the process of automating these jobs away so there is no career path for these people in future, within 5 years their functions will be done nearly 100% by machines, the path to management is deadlocked, and the forecast is to vastly reduce headcount.

  99. leftwing says:

    “The rise in student debt and arms race in college campus development are directly attributable to the Higher Education Act of 1976 and the Bankruptcy Abuse Prevention Act of 2005, making it exceedingly difficult to discharge student loan debt in bankruptcy and further incentivizing lenders to increase the size of their loans by removing any degree of risk.”

    Totally agree.

    The optimal economic outcome is almost invariably obtained by two opposed self-interested parties willingly engaging in a free and unfettered exchange of goods/services.

    Any actions by outside players diluting those criteria will lead to a lesser outcome.

    Classic example….Removing student loans from bankruptcy discharge is singularly the largest factor in the rapid expansion of student debt. If you can make 300bps or more for a loan with a drastically risk profile you will write as many as you possibly can. It’s an ATM.

    Take away the bankruptcy protection and make it explicit that there is no government backstop and guess where all those $480k Masters of Fine Arts degrees go? POOF.

  100. leftwing says:

    loans with a drastically *reduced* risk profile….

    need an edit button here.

  101. JCer says:

    It strikes me the last time the US was not in decline was the 90’s. American technology was at the forefront of the world and no one could touch us. The american military might was uncontested. China was at a point where they couldn’t figure out how to manufacture trinkets that wouldn’t fall apart. The soviet union fell and the successor state was a non-threat. Middle class incomes were good, much better vs. costs, salaries have not kept pace with real inflation. We could have easily stopped the Chinese at this point if we had listened to the China Hawks, but instead a bunch of people got rich and a bunch of other people got pink slips.

    During the Bush years things started to go south, perpetual war and growing debt. The seeds of economic collapse were planted. His successor doubled down on the bad policies added a helping “race politics” and got us involved in destabilizing the majority of the Arab world as well as a good chunk of Eastern Europe. Trump didn’t really do anything to fix the structural problems, but he was so ineffective at really getting anything done with clowngress so further damage was not done. We need to reign in China, bring back middle class jobs, balance the budget and eliminate wasteful spending. All of the financial alchemy has had a deleterious effect, largely causing the inflation and promoting inefficient usages of capital. Biden is now in a position to bring about more bad change which could spell the end of America as we know it even more crushing debt coupled with unabated immigration and a side of America losing face on the world stage we could end up in a situation where america loses it’s status as the reserve currency of the world in which case we are all in for a shock, we depend on other countries for so many things.

  102. 3b says:

    Phoenix: I understand fairness is a naive comment, but it’s still not right like Amit of things. So we forgive the debt, and then raise my taxes to pay for it. Don’t play by the rules they are only for fools!!

  103. Phoenix says:

    “If people believe there are no consequences to their actions – ie, upside is they win, downside is they don’t lose – how does that incent them to not buy what they can’t afford?”

    Or why not lie during a divorce. Only upside, no chance of prosecution.

    “Classic example….Removing student loans from bankruptcy discharge is singularly the largest factor in the rapid expansion of student debt. If you can make 300bps or more for a loan with a drastically risk profile you will write as many as you possibly can. It’s an ATM.

    Take away the bankruptcy protection and make it explicit that there is no government backstop and guess where all those $480k Masters of Fine Arts degrees go? POOF.”

    And so do all those Boomer education jobs along with it. And the interest income that is guaranteed to be extorted from the youth. Just end it now.

  104. MatthewTrurf says:

    Bhubaneswar is an ancient city in India’s eastern state of Odisha, formerly Orissa. Many temples built from sandstone are dotted around Bindu Sagar Lake in the old city, including the 11th-century Hindu Lingaraja Temple. Outside Rajarani Temple are sculpted figures of the guardians of the 8 cardinal and ordinal directions. Jain antiques, weaponry and indigenous pattachitra paintings fill the Odisha State Museum.

    [url=https://www.macgadget.de/News/2020/09/17/Apple-Xcode-12-ist-da-und-ermoeglicht-Portierung-von-Software-auf-ARM-basierte-Macs] Bhudaneswar [/url]

    Bhubaneswar is an ancient city in India’s eastern state of Odisha, formerly Orissa. Many temples built from sandstone are dotted around Bindu Sagar Lake in the old city, including the 11th-century Hindu Lingaraja Temple. Outside Rajarani Temple are sculpted figures of the guardians of the 8 cardinal and ordinal directions. Jain antiques, weaponry and indigenous pattachitra paintings fill the Odisha State Museum.

  105. Phoenix says:

    3b
    I don’t disagree. But one thing is for sure.

    America, its adults and children, are leveraged a bit too far. And this is allowed so boomers can profit.

    Once you take away the ability to borrow such large sums of money, it will all collapse. This is what is driving all of the price hikes.

  106. SmallGovConservative says:

    Lots of good, accurate comments on the cost of college and the massive amount of accumulated student debt. As with just about any ‘market’ that’s gone haywire, you can point to government interference as the primary cause. If, as in the old days, an individual had to go to a bank or credit union to get a student loan, and that institution planned to hold that loan, there would be much more lending discipline. Government interference/intervention in the market for student loans has removed that discipline.

    As for the resort-ification of colleges, having just watched a nephew go through the college selection process, what struck me is that the recruitment videos spend as much time touting the lazy river that winds through campus as they do any academic aspect of the school. I guess that makes sense given that the vast majority of students have little interest in learning and simply want to get a degree in whatever major is easiest — hence the huge number of useless degrees conferred psychology, poly sci, ethnic studies and the like.

  107. leftwing says:

    An example I’ve shared before of interference in the free exchange of commerce, circa 2011…….

    Buddy has a couple investment properties out of state with a family member. Seven figures liquid, 25 year employee of a F100 corporation, senior manager. Owns two homes for personal use. Blue ribbon town. Pristine credit.

    Obama Admin leans on banks for mortgage revisions post-housing crash. Economically disadvantageous for banks but they were required to hit certain targets by regulators. So with this outside pressure they look for the ‘best’ candidates to hit the regulatory targets for actions they would not otherwise undertake. ‘Best’ meaning fulfilling the government criteria for the borrowers most likely to repay.

    My buddy gets $100k whacked off his investment property mortgage by a major national bank. Unsolicited. Just $100k insta-equity.

    Never asked for it. Never a missed a payment on any mortgage. Never spoke to the bank or expressed any stress (there was none). They contacted him out of the blue. Took him two months to even respond, he thought it was phishing scam.

    Bottom line, the location, mortgage amount, and the ownership structure made that house eligible for ‘relief’. The bank had outside pressure that made them fill a bucket, they went out and filled it by handing $100k to one of the people least in need of $100k.

    If you filed a 1040 in 2011 my friend thanks you profusely for your contribution to his $100k windfall. As do I, since in convincing him to actually follow up when he was going to ignore this solicitation he rewarded me with an outstanding steak dinner and crazy, stupid vintage of wine.

  108. JCer says:

    On Afghanistan, bombings and Drone strikes would have been key. It needed to be done as soon as the Taliban marched on the first city(which per the agreement they were not supposed to do). As for the local security forces, the Taliban makes them an offer too good to refuse, desert or face battle with no quarter given, essentially you have to be willing to fight to the death as they are, there is no surrender or POW’s with them and they follow absolutely no rules. These people were trained by some of the biggest sociopaths in the world, our CIA, inflicting pain on Humans is something they know very well and no uniformed troop wants to be captured by them especially at a time where there is little to bargain with.

    The only thing the Taliban will recognize is force. If you see how the Israelis dealt with Hamas, make it more ruthless no advance warning and you have what needed to be done to the Taliban once they started violating the terms of the agreement. These people only understand force and it is apparent to them Biden is unwilling to use it. If the Americans remained engaged the local security forces might not have deserted but when their leader boards a helicopter full of cash for another country it shows you there was no confidence in the government.

  109. Phoenix says:

    JCer,

    I agree with your dreadful posts. Do you think we are going to turn this ship around before it hits an iceberg?

  110. leftwing says:

    Power + Control = Tax + Spend

    If you want the government to have less control and less power over your life and well being drastically cut their ability to tax and spend.

    They have little power without the ability to take or hand out money.

  111. Libturd says:

    We are going the college selection process now. Kid’s grades are amazing as he’s an incredibly hard worker, but SATs will likely keep him out of the top schools thankfully. Quite honestly, how would you think a 16-year old is going to evaluate a college? By the way it looks is probably 80% of the decision. Anyone know of any beautiful inexpensive schools?

    Also, speaking of wasted money, besides colleges, the other place you see the most amazing technology and architecture are in the health care complex. And you wonder why Americans pay three to four times for health care than much of the rest of the world.

  112. Phoenix says:

    Also, speaking of wasted money, besides colleges, the other place you see the most amazing technology and architecture are in the health care complex.

    Well, since most of the employees don’t get to work from home and can’t even leave the building without changing out of scrub attire the least they should have is a halfway decent environment to work in. Goes good with the 15 minute meal breaks and having to work every weekend. Of course the food is expensive and sup-par.

    I’m sure GS has some really beautiful cafeterias and board rooms, but without the bacteria and viruses.

  113. Libturd says:

    JCer,

    But what are we defending and why? The moment we stop droning and bombing, they will move in. Doesn’t sound like a withdrawal to me. Look at Hezbollah when they rescued Lebanon from Israel. The moment the Israeli’s stopped attacking, they pretty much just marched Israeli south to the border. Either you are at war, or you are not. If you are not, then you lose.

  114. Anon says:

    I agree. However this is entirely consistent with corporate America’s take on capitalism. Privatize the gains and socialize the losses.

    “If people believe there are no consequences to their actions – ie, upside is they win, downside is they don’t lose – how does that incent them to not buy what they can’t afford?”

  115. Phoenix says:

    Every gun that is made, every warship launched, every rocket fired signifies, in the final
    sense, a theft from those who hunger and are not fed, those who are cold and are not clothed. This world in arms is not spending money alone.

    It is spending the sweat of its laborers, the genius of its scientists, the hopes of its children.

    The cost of one modern heavy bomber is this: a modern brick school in more than 30 cities.

    It is two electric power plants, each serving a town of 60,000 population.

    It is two fine, fully equipped hospitals. It is some 50 miles of concrete highway.

    We pay for a single fighter plane with a half million bushels of wheat.

    We pay for a single destroyer with new homes that could have housed more than 8,000 people.

    This, I repeat, is the best way of life to be found on the road the world has been taking.

    This is not a way of life at all, in any true sense. Under the cloud of threatening war, it is humanity hanging from a cross of iron.

    Eisenhower

  116. Phoenix says:

    I think all Americans should read this and study it carefully. A lot of thought went into this document, enough that I feel the need to post it again. It’s no joke what is written here.

    https://www.jns.org/opinion/the-cost-of-disgrace-is-not-cheap/?fbclid=IwAR32x7jfnlQZt5lDI7hJOXETIm74drVK4Zfbxan2HSvwpuGrDMFujbS8Cho

  117. No One says:

    Libturd,
    I forgot, any chance your son can get a hockey scholarship?
    Are you going captain cheapo on his school?

    My parents had no money for me to go away to a fancy school – my first two years was at the local community college, then graduated from the nearest driveable 4 year state school – University of Central Florida. I didn’t make many friends but finished near the top of my class, and studied a lot. One of the few other students I’d talk to before or after finance classes, he was paying his way through school by working at Red Lobster or Olive Garden – a Darden Restaurant chain. He was getting degrees in both accounting and finance. I remembered him when I happened to open a flyer from UCF last year asking for donations and mentioning some upcoming alumni celebration where this guy would be getting some award – this guy is Rick Cardenas, who has been CFO of Darden Restaurant Co, for the last 5 years and just got promoted to President and COO. I guess he’s been supporting the school, and probably hiring from there too, unlike myself. We both graduated Summa Cum Laude, both ended up getting MBAs from higher-status schools later.

    He was not a big talker or big man on campus but like me he studied hard and prepared for class and took the studies seriously, and basically worked his way up the chain of the company.

  118. Bystander says:

    left,

    Even better for my Dad old’s company (he was not on board only some stake as former president) – Dumpy’s PPP scheme allowed the executive board to get $5m scott free with no tax implications. They each got several hundred thousand on increased valuation of company that they were selling. No hires at all from that money. Talk about a s**ialist racket.

  119. JCer says:

    lib, hospital systems work just like university systems. They are highly inefficient and they bury their costs in the billing, they don’t bill based on the services provided they look at costs and then back into pricing. You have no choice you’ll pay, the alternative is literally death in some cases.

    Lib depending on where he gets in Rutgers is probably the best choice for a Jersey kid who doesn’t get into a top 30 school.

  120. leftwing says:

    I hear you By….like my friend, I’m happy for your dad, but anyone who filed a 1040 paid for that.

    Tax + Spend = Power + Control.

    Shut these government fcukers down.

  121. JCer says:

    Lib, we need not be perpetually engaged but we hung the Afghan government and their troops out to dry and have not been able to execute a withdrawal of our citizens.

    I agree the Taliban takeover is likely inevitable but wed didn’t even give the thing we spent 20 years and 2bn on a fighting chance. We(or our allies) likely will forever be engaged there as a rogue state will sponsor terrorism that likely hits the shores of the USA or one of our allies. Trump was very stupid to agree to withdraw all the troops, we should have a (small)standing force on their territory if the risk abates and peaceful elections and governance continues you draw down troops. The problem with these types of wars is once you enter you are committed. This is also why the prisoner exchange was disastrous, you don’t catch and release these kinds of scumbags.

  122. Libturd says:

    Agree on all counts. At the end of the day, I’m glad we are out.

  123. Ex says:

    We live in a knee-jerk society. People only see what is in the moment.
    Forget cause. Forget history. That’s too much work for the average idiot
    to understand.

  124. SmallGovConservative says:

    JCer says:
    August 18, 2021 at 6:04 pm
    “Trump was very stupid to agree to withdraw all the troops…”

    You guys really need to stop mentioning T. The Afghanistan disaster is 100% Biden’s fault. Look at T’s agreement, and look at his comments from last Feb — they’re chock full of words like guarantee and enforcement, and full of conditions. Biden threw it away and abandoned the place — and is even now just barely dealing with the resulting disaster.

    https://www.state.gov/wp-content/uploads/2020/02/Agreement-For-Bringing-Peace-to-Afghanistan-02.29.20.pdf

    “I really believe the Taliban wants to do something to show we’re not all wasting time,” Mr Trump added. “If bad things happen, we’ll go back with a force like no-one’s ever seen.” — https://www.bbc.com/news/world-asia-51689443

  125. grim says:

    Seems like it would be pretty easy to take out a very large portion of the Taliban leadership right now. These guys are all fat, dumb, and out in the open.

  126. The Great Pumpkin says:

    The Taliban’s Swift Victory Was Years in the Making

    The end came fast, but the militants laid the foundation with years of shadow government, steady recruitment and patience

    https://www.wsj.com/articles/how-taliban-won-afghanistan-shadow-government-recruitment-11629299900?st=q81vh7vglzhdl5p&reflink=article_copyURL_share

  127. grim says:

    Good to see this, take the next step and make vaccination mandatory for Medicare and Medicaid participants.

    Biden says US will require nursing homes get staff vaccinated or lose federal funds

  128. The Great Pumpkin says:

    And as the in­sur­gents ex­panded their ter­ri­to­r­ial con­trol, they set up shadow gov­ern­ments in the prov­inces that set­tled lo­cal dis­putes, levied taxes, pro­vided pub­lic ser­vices and built a broader base for re­cruit­ment. By the time the Tal­iban be­gan their fi­nal of­fen­sive, morale among se­cu­rity forces and lo­cal of­fi­cials had been so de­pleted that the in­sur­gents could flip them one by one and cap­ture the coun­try’s ma­jor cities, of­ten with no fight­ing at all.

  129. grim says:

    One wonders if this exhibition of muslim extremism will change American liberal perception.

  130. The Great Pumpkin says:

    Zero resistance because the deals were already made..

  131. The Great Pumpkin says:

    Many world figures who jabber about diplomacy and human rights are discovering that Afghans, especially girls and women, will miss the U.S. military now that it’s gone, writes The Editorial Board

    https://twitter.com/wsj/status/1428148486244012036?s=21

  132. 3b says:

    Grim: No it won’t. There will be silence or tortured rationalization as to why it’s OK.

  133. leftwing says:

    “You guys really need to stop mentioning T. The Afghanistan disaster is 100% Biden’s fault.”

    Let them keep it up. Nothing swing state America dislikes more than blatant two faced liars especially about military matters.

    The record is plump with Biden personally and forcefully supporting withdrawal. Likewise, it runs rife with examples of his miscalculations. From July 8, five weeks before his shitshow….

    “THE PRESIDENT: Well, first of all, the mission hasn’t failed, yet…So the question now is, where do they go from here? That — the jury is still out. But the likelihood there’s going to be the Taliban overrunning everything and owning the whole country is highly unlikely.”

    https://www.whitehouse.gov/briefing-room/speeches-remarks/2021/07/08/remarks-by-president-biden-on-the-drawdown-of-u-s-forces-in-afghanistan/

  134. grim says:

    Taliban Fighter or Jesus, not sure.

  135. grim says:

    Grim: No it won’t. There will be silence or tortured rationalization as to why it’s OK.

    They already killed a woman for showing her face and confronting them. But it’s ok, wearing the hijab and staying in the house is a woman’s personal choice of modesty, it has nothing to do with oppression. No different from a nun wearing a habit. See how easy that was?

  136. grim says:

    Wouldn’t be a bad idea to level the presidential palace and all the government buildings, inhabited by the Taliban, as a parting gift. Seize all offshore funds as payback for services rendered and enact brutal sanctions against the new government.

  137. leftwing says:

    OMG, that July 8 presser is like Christmas morning….

    “Q Mr. President, thank you very much. Your own intelligence community has assessed that the Afghan government will likely collapse.
    THE PRESIDENT: That is not true.
    Q Is it — can you please clarify what they have told you about whether that will happen or not?
    THE PRESIDENT: That is not true. They did not — they didn’t — did not reach that conclusion. ”

    And….

    “When I made the decision to end the U.S. military involvement in Afghanistan, I judged that it was not in the national interest of the United States of America to continue fighting this war indefinitely. I made the decision with clear eyes, and I am briefed daily on the battlefield updates.”

    Let the Left continue obsessing over DJT and then let these clips roll….

  138. grim says:

    Switching gears to the vax boosters, hearing from a buddy of mine that there is some concern that the dosage of the J&J single shot vax could be too large as a booster, leading to increased side effects, which is why you aren’t hearing more about the J&J option being utilized in a similar way as Pfizer and Moderna (same shot, no difference). Would require reformulation and thus another round of trials.

  139. grim says:

    I liked Trump’s response better.

    “I told him, Mullah Alabamadaradar, if you don’t meet the conditions, I’m going to blow the f*ck out of your village, and kill all your friends and family, you don’t think we know your family? We know your family. My guys are watching your little nephew Billy kick a soccer ball around some godforsaken dust patch. You will know I am the Lord when I lay my vengeance upon you. It was the greatest of conversations, I think we came to mutual agreement.”

  140. The Great Pumpkin says:

    Lol…only way to reason with these types.

  141. grim says:

    Louisiana now tied for 6th place in the death rankings, Alabama right behind her.

  142. 3b says:

    Grim Stretch with the nun comment since they are a religious order, and what’s left of the Nuns don’t wear the habits of old, but close enough.

  143. 3b says:

    I want to know how the President had access to 169 million dollars.

  144. grim says:

    He was corrupt and knew exactly what was going to happen and when, that’s the only possible explanation for being able to get his hands on that much currency. Keep in mind, that’s nearly 4000 pounds of 100 dollar bills. That’s nearly a full 4x4x4 skid.

  145. leftwing says:

    “I want to know how the President had access to 169 million dollars.”

    How do you think US aid is disbursed in third world countries? Always a vig.

  146. Fast Eddie says:

    “In the big picture, Europeans are as angry as Americans about the tremendous loss of money and lives spent on the NATO mission in Afghanistan over the past two decades that now seems very difficult to justify,” Dave Keating, a Brussels-based journalist and senior fellow with the Atlantic Council, told Yahoo News.

    They’re also angry, he said, “that they weren’t consulted about the withdrawal plan and were treated as an afterthought even though this was supposed to be a NATO joint endeavor.”

    “Let me erase any lingering doubt,” the incoming president said in February during a virtual appearance with European leaders, “the United States will work closely with our European Union partners and capitals across the continent, from Rome to Riga, to meet the shared challenges we face.”

    Without mentioning him by name, German Chancellor Angela Merkel this week called the turmoil caused by Biden’s pullout of Afghanistan “bitter, dramatic and awful.” Armin Laschet, the head of Merkel’s party, who is believed likely to succeed her as Germany’s leader this fall, slammed the U.S.-led withdrawal as “the greatest debacle that NATO has seen since its foundation.”

    “The U.S. was willing to run the risk of exiting and letting the Taliban take over because Afghanistan is on the other side of the globe,” Joseph de Weck, a fellow at the Foreign Policy Research Institute, told Yahoo News. “Refugees won’t swim over the Atlantic to reach U.S. shores. It is Europe that will have to deal with the fallout.”

  147. leftwing says:

    And that was just his “go bag”.

    If he has that he also has a few different passports and numbered accounts. Depends where they are, more ‘advanced’ banking centers will disgorge despite their secrecy laws.

    Didn’t Marcos set the high water mark with about $1B?

  148. Fast Eddie says:

    Quick, democrats, start talking about the capital erect1on again!

  149. grim says:

    Just to be clear, he didn’t fit all $169 million in the helicopter, it took 4 additional cars stuffed full of cash to ensure his successful escape to Dubai.

    Shame he didn’t borrow some Hummvees.

  150. leftwing says:

    So, let’s play…odds on whether we get a hostage situation with Americans held against their will by the Taliban and not allowed to leave.

    I’ll go even money.

    Odds if it occurs that the numbers are greater than Iran?

    -300

    Thoughts?

  151. 3b says:

    Grim Understood. I just don’t understand how he got access to it in the first place. Did he build it up over time? However he did it, the US government must have known.

  152. Grim says:

    Agent Orange on the poppy fields?

    Or is that too close to Vietnam for comfort?

  153. BRT says:

    What a newb. He shoulda just put it in bitcoin. No extra choppers needed.

  154. leftwing says:

    Clueless boomer, lol.

  155. Ez says:

    As the hypertransmissible delta coronavirus variant continues its rampage through the unvaccinated, several states continue to set new COVID-19-case records, and many hospitals are hitting their limits.

    At least five states have exceeded their previous peaks of seven-day averages for new daily cases—Florida, Louisiana, Hawaii, Oregon, and Mississippi. Seven states have exceeded their most recent peaks in hospitalizations—Arkansas, Florida, Hawaii, Louisiana, Mississippi, Oregon, and Washington.

  156. Juice Box says:

    Grim – No banking system with debit cards purchases over there, it’s all cash economy.
    Cash pallets of USD regularly regular flow from FED printing presses to them. The WSJ article said they suspended the flights with the pallets of cash just last week.

    “WASHINGTON—The Biden administration last week canceled bulk shipments of dollars headed for Afghanistan as Taliban fighters were poised to take control of the capital city of Kabul, part of a continuing scramble to keep hundreds of millions of dollars out of the hands of the terrorist group, according to people familiar with the matter.

    The U.S. is also blocking Taliban access to government accounts managed by the Federal Reserve and other U.S. banks and working to prevent the group’s access to nearly half-billion dollars-worth of reserves at the International Monetary Fund, according to those people.”

    https://www.wsj.com/articles/u-s-halted-dollar-shipments-to-afghanistan-to-keep-cash-out-of-talibans-hands-11629233621

  157. Phoenix says:

    Can they please divert that pallet of cash to me? I could use some of it.

  158. Hold my beer says:

    Personal responsibility. That’s what Abbott always says about COVID prevention. He doesnt wear a mask in public, is rumored to have been vaccinated 3 times, ive heard he gets tested daily, he tests positive and gets cutting edge meds even though he is asymptomatic. Meanwhile has banned mask mandates and taken schools and municipalities to court for putting them in place as Texas approaches record number of cases and hospitals fill up. I think Matthew Mcconnaghey, the Dallas Judge, or the mayor of Houston or Judge of the county Houston is in can defeat him in next year’s election.
    https://www.yahoo.com/huffpost/icu-doc-shows-anxious-scared-081500127.html

    Unknown Beto from El Paso almost beat Cruz. There are 7 million people in DFW area, roughly 1/4 of the state’s population and the Dallas judge is in the news everyday and constantly opposes Abbot.

  159. Nomad says:

    Lib,

    Hope it went well at CHOP. Jelly donut, nice :)

    Next time in PHL, if time, Mommas is a hole in the wall falafel joint. Great food, complete dump and 4th St Deli at the time at least, was some of the best I have had and their cake is to die for (3 lbs per slice).

    Reality on the ground for Afghan military:
    https://news.yahoo.com/vets-see-many-us-failures-165644990.html

    Dan Crenshaw’s most recent podcast worth a listen. On a macro level, seems to have some good insight. “No More Endless Wars” with Mike Waltz.

    Grim, article in Daily Mail:

    ‘I’m a Brooklyn cliché’: Hipster daughter of Afghan president who fled Kabul in a helicopter filled with ‘$169million in cash’ is an artist living in luxury Clinton Hill co-op

  160. Grim says:

    Taliban clearly has some political masterminds guiding them this time around.

    Their messaging about a new inclusive government seemed well shaped to appeal to western mindset.

    Expect them to play the anti-corruption card very, very hard.

    Taliban is the liberator, can’t you see? Afghanistan would never be truly free with the corrupt western government illegally put in power by the US. Look at the egregious displays of wealth while the Afghans starved in poverty. President fleeing with his lotto winnings only further prove this point.

    By the way, how many afghan soldiers died defending their country? Exactly…

  161. grim says:

    NJ vax data on the covid dashboard has been altered and is now basically incomprehensible, the age and demographic breakdown numbers make absolutely zero sense.

    So we’re on the cusp of 6 million first doses administered, but no real way to illustrate where those doses are going. We would assume the set of groups between 12-29, but no real way of allocating anymore.

    Co-mingling of vaccine types (1 vs 2 doses) in the aggregate Total Doses Administered has always been a problem, but now it appears to be almost impossible to determine that % of each age group is single or fully vaccinated based on the data presented.

    Dashboard now reports 1% of total vaccine doses administered to the 12-15 age range, approximately 70k doses. This group represents approximately 450k NJ residents. The last set of numbers I ran had this group at 38% vaccinated, but these new numbers would put them somewhere between 10-15% vaccinated, which seems absurdly low compared to what Murphy has said in previous press conferences. Also reporting 2.85m doses administered to the 65-79 age group, even though this age group only represents 1.1m residents, and includes the single dose J&J, so we would naturally assume this falls less then 2 doses per person to achieve fully vaccinated status.

    Where is the QC on this? I’m a complete outsider and I can tell these dashboard numbers are nonsense. I doubt NJ has any god damned idea at all.

    Now that 3rd doses are in flight, these numbers will become entirely worthless in understanding who is, or isn’t, vaccinated. This makes outreach to specific populations even less effective than previously.

    Bad bad bad.

  162. The Great Pumpkin says:

    “If you ever feel useless, just remember, USA took four Presidents, trillions of dollars, millions of lives, and 20 years to replace Taliban with Taliban.”

  163. BidenIsTheGOAT says:

    Agree. We should have feigned the initial pullout and when the c0ckroaches came out from there dwellings we should have hit the taliban with every shell left. Leave nothing behind. We should have booby trapped every government residence, courthouse, townhall and the minute they break the truce blow them sky high.

    The way it was handed over to them with no conditions or leverage is sickening. Billions in intact equipment. An emboldened taliban stocked to the ceiling with modern military equipment.

    But then again Twitter is letting them propagandize using the platform but banned trump so who does the left and American elite view as the problem in the world?

  164. grim says:

    The way it was handed over to them with no conditions or leverage is sickening. Billions in intact equipment. An emboldened taliban stocked to the ceiling with modern military equipment.

    Pretty much par for the course for the US though. We always seem to find ourselves having armed the wrong parties.

  165. Trick says:

    Friend of mine got the 3rd shot of moderna vaccine, had a fever for three days. Side effects were much worse the the 2nd shot. Wonder how others are reacting.

  166. grim says:

    There was some study data released out of Israel for Pfizer that indicated similar or fewer side effects reported from the third dose. Granted, I believe the population was all immunocompromised.

  167. leftwing says:

    “…these [NJ covid] numbers will become entirely worthless in understanding who is, or isn’t, vaccinated. This makes outreach to specific populations even less effective than previously….Bad bad bad.”

    C’mon you know what’s up….

    …these numbers will become entirely worthless in understanding who is, or isn’t, vaccinated. This makes analysis of NJ’s efforts and oversight less effective than previously…good, good, good.

    If you’re listening to the experts that Delta is northward bound after Labor Day and the gubernatorial campaign ramps up concurrently when better to fudge the numbers than the last two weeks of August?

    Continuously puzzles me that intelligent people on this board remain steadfast in believing their governments are there to serve and protect them.

  168. Ex says:

    8:41….Trump did this deal and tossed the rotting carcass over the fence to Biden.
    Whatever Tweets Trump has would be self-serving and delusional.

  169. Juice Box says:

    re: mastermind

    Yes and No….They complain about not having free speech on Facebook too….just like the antivaxxers and conspiracy theorists..

    https://theintercept.com/2021/08/17/taliban-spokesman-accuses-facebook-stifling-free-speech-banning-group/

  170. grim says:

    It’s clear that Murphy is now in election mode and won’t take any action that potentially polarizes the voting base. Guarantees that NJ will break off, and for once not follow progressive leads in mandating vaccines. The likelihood of mandating vaccines for teachers, police, state workers, is zero now.

    You’ll see, the health care mandate from earlier this month, you’ll see the rationale on that backpedal and put on Biden/CDC. “Hey, don’t blame me!”

  171. WickedOrange says:

    * New Jersey is the first state to break $1 billion in sports betting revenue.
    * All of the top 10 monthly sports betting handles belong to New Jersey.
    * It is the third highest grossing sports betting market in the world.

  172. Ex says:

    9:28 Trump incited a riot at the US Capitol Jan 6.
    Death and mayhem resulted.

  173. Juice Box says:

    BTW Cuomo who? Biden’s Talibanistan debacle is the greatest distraction, Cuomo must be kicking himself he did not hold out for another week or so.

  174. grim says:

    Interesting one from Patch, keep in mind that Wayne’s government largely skews Republican. I believe this may be the first union ruling in NJ. Maybe our resident legal council can weigh in on the implications for other NJ townships.

    Wayne Vaccine Mandate Upheld By Judge Following PBA Challenge

    The township vaccine mandate for municipal employees was upheld by a Paterson judge on Wednesday, who stated that the mandate was legal and violated no civil liberties in their decision against a Wayne PBA lawsuit.

    PBA Local 136 filed the suit on behalf of “all its members”, noting three police officers individually who remain unvaccinated by choice. The suit was seeking a preliminary injunction to halt the implementation of the policy, which would require all township employees to be vaccinated by Sept. 17.

    The township issued the vaccination mandate in a letter to employees recently, stating that those who weren’t vaccinated would face consequences.

    From the perspective of the PBA, the vaccine mandate violated the civil rights of the police officers the union represents, and put them at risk of losing out on life insurance benefits if they were to die due to complications related to the vaccine. They also challenged whether the mandate could be implemented since it wasn’t collectively bargained with the union.

    But Superior Court Judge Ernest M. Caposela denied the union’s request for an injunction, stating that the policy is “justified in that it is proper exercise of the police power to protect the general public welfare.”

    Additionally, Caposela wrote, the policy doesn’t deprive the officers of any personal or religious liberties, therefore not violating any part of the Constitution.

  175. Libturd says:

    “New Jersey Sports Betting Market Breaking Insane Records”

    I told you all this would happen. Before a few states opened online sportsbetting, the only place to do it was Vegas in person or through an illegal bookie (the mob). There were a few questionable European books who would take your action. But after the online Poker sites melted down about a decade ago, no one was willing to put any significant money online. Worst of all, it’s an absolutely terrible gamble. You have to be right over 60% of the time. The experts aren’t even able to do it. How would you?

    There’s a reason there are so many new casin0 operators in NJ. They all wanted the online gambling outlet, but mainly the books. Remember, in the last 3 years, Ocean, Hard Rock, Bally’s (former Twin Rivers) and MGM (buyout of Boyd’s share of the Borg) all added to the AC market.

  176. BRT says:

    I will not get another mRNA shot. The first shot, I was out for 2 days. The second, I was bed ridden for 5 days and it felt like a good 3 weeks before I felt normal again. I will take a J&J. I’ve been consistent in I think these things are dosed way too high. Everything I learned in the Pharma courses I took was that medicinal treatments are designed to have maximum effectiveness with minimal side effects. Typically, they find a level that is toxic, and start just below that and taper down until they find that balance. That’s not what happened here.

    Moreover, in those same classes, we learned that people of different races have all kinds of different tolerances and reactions to the medicine. However, that was never allowed to factor into personal dosing recommendations by a physician because that would be racist. Might as well say you can’t prescribe a 300 pound person a higher dose because you would be fat shaming them.

  177. grim says:

    Might as well say you can’t prescribe a 300 pound person a higher dose because you would be fat shaming them.

    Veterinary medicine is far more advanced here, since almost everything is dosed by mg/kg.

  178. Juice Box says:

    There is a giant billboard on the highway for Caesars gambling App by me. Risk Free $5000 Bet

  179. leftwing says:

    “By the way, how many afghan soldiers died defending their country?”

    Right direction, wrong question.

    To whom is an ‘Afghan soldier’ loyal? How do they define ‘country’?

    We attempted to superimpose a government model in Afghanistan that has no historical precedent there and is entirely foreign. The peoples are tribal. Always have been. Who in their right mind thinks these peoples would have any loyalty to a concocted central governing entity?

    In the US we have three primary political loyalties – federal (‘Merica!), state (O-HI-O!), and municipal (da Bronx!).

    There is no regional loyalty. When was the last time you heard in any context “Go Southeast US!!!”

    What’s the point?

    Expecting ‘Afghan soldiers’ to take up arms and risk life and family for a central government is analogous to expecting an Birmingham AL citizen to identify first and foremost as “Southeast US”.

    Square peg, round hole. Destined to fail.

    If you are going to use power structures to influence people engage the actual power structure. In Afghanistan those were always the provincial tribal lords.

    Want to gain the loyalty of a Birmingham AL resident? Think you’ll do better making a regional six State government in Charlotte, issuing edicts, and expecting fealty or by getting Nick Saban on board?

  180. Fast Eddie says:

    George Snuffleupagus: “But we’ve all seen the pictures, we’ve seen those hundreds of people packed into a C-17. We’ve seen Afghans falling.”

    O’Biden: “That was four or five days ago.”

  181. Juice Box says:

    I am not sure why they are not talking about a reformulated mRNA vaccine for the Delta variant. They saying the Delta and other variants have a higher ability to evade vaccine neutralization because of mutation. So how does a shot of the the same mRNA vaccine make any real difference?

    The first MRNA shots from Moderna and Pfizer are formulated to emulate only the spike protein of rhgw original Covid from Wuhan.. Has that mutated significantly? YES somewhat it seems says the research, however we would have hundreds of thousands of more deaths and millions of more infections if it mutated significantly.

    From a preprint..

    “Research also showed that mutation in the L452R side chain of the RBD in the S protein of the kappa and delta variants decreased neutralization by antibodies. Mutations in RBD also alters its ability to bind to the ACE2 receptor. Mutations within the antigenic sites of NTD of these variants also resulted in escape from NTD specific monoclonal antibodies.”

    “The researchers concluded that mutations found in the kappa and delta variants mediate immune evasion by eroding infection- and vaccine-elicited serum neutralizing Ab titers due to structural alteration present in major antigenic sites within the RBD and NTD.

    Research is being carried out against multiple additional conserved antigenic sites that can be recognized by RBD-specific monoclonal antibodies and can cope with the emergence of different variants of SARS-CoV-2 for the development of future vaccines.”

    https://www.news-medical.net/news/20210817/How-delta-and-kappa-variants-of-SARS-CoV-2-evade-the-immune-system.aspx

    I don’t see why they have not begun rolling out a modified mRNA sequence for Delta etc. The promise of mRNA technology is that they can include many, many virus vaccines in only one shot and do it quickly.

    What is the hold up here besides bureaucracy? Have we not proven this technology works without a doubt? Billions of doses with low side effects and millions of lives saved already. They should be able to roll out designer mRNA shots very very quickly, it should not take years to do this and trillions of dollars.

  182. grim says:

    I believe Moderna has a reformulated booster in the pipeline, it’s in trials. It’s 100% effective against delta.

    It will be months before it’s approved.

  183. No One says:

    My wife’s doctor told her not to listen to the government, wait 12 months before getting a third shot, not the 8 months the govt recommends. She also said that if the govt raises her taxes much higher, she’ll just quit and move to Florida. Why is she working up to 12 hours a day with a 30 minute lunch break just for the government to keep most of what she makes, while the government indoctrinates kids to hate her for her various “privileges”.
    She and my wife get along pretty well.

  184. Libturd says:

    That Caesar’s 5,000 bet work likes this. If you lose your first bet up to $5K, they give you a free 2nd bet equal to that value.

    My brother, keeps it small, but makes sports bets daily. He doesn’t care about the money. He is more about assuaging his ego. He claims to be making a little money at it.

    There are some absolutely exploitable sign up bonuses at every site. Currently, they total the value of them all to equal almost 4K. The problem is, it takes forever to sign up at each site due to legal reasons. On the positive, you can go to the book and get your money at any time. The original poker sites were all hosted in bullsh1t jurisdictions all throughout the Caribbean. See Reddit. For the record, I only did one of these opportunities for a free $100. When I try to withdraw the money, it says my address is not in NJ. I think I know what the issue is (my address in most online DBases is in Montclair. I just don’t have the time to fix it.

  185. Juice Box says:

    re: ” fat shaming”

    I may be out of touch with new music, but I watched that latest video of what they now call music..Rumors… This genre needs to die worse than disco, and BTW the Timex Social Club version from 1986 is way better.

    https://www.youtube.com/watch?v=ADwVvT7-5_0

  186. Juice Box says:

    Yes in the pipeline, but the pipeline is clogged….it should be much faster, they won’t be rolling out the effective version, it will be the old one.

    Grim unmod one of my posts plz, re: fat crimes on social media…

  187. The Great Pumpkin says:

    More than a car company…but fools can’t understand this. Shorting this company is foolish.

    “In my 9 years of following Tesla, I’ve never been more excited about a Tesla event than AI Day!

    Keywords from the AI Day invite:

    “ … AI at Tesla beyond our vehicle fleet.””

  188. No One says:

    nationalreview.com/corner/moderna-has-a-great-booster-that-no-one-will-get-for-a-long-while/

  189. Juice Box says:

    That “army” was full of drug addicted misfists sent from every village basically to get rid of them. There were loads and loads of intel on how they would not fight and could not be trained. This is part of the failure that is being overlooked. There is no way the intel about this did not reach the POTUS or when he was VP.

    I can find dozens and dozens of professionally produced news reports and other videos and MEMEs about them going back over a decade. The idea that BIDEN thought they would defend last month is comically sad because there is not one other person on that planet that believed that.

  190. Juice Box says:

    Thanks for that link No One.

    This virus may continue to mutate faster than we can get thru trials….

    Why would they need to do exhaustive trials on this delta version of the mRNA vaccines if they are only changing a few of the of the 1273 amino acids that are in the mRNA instructions to target ONLY the virus spike glycoprotein?

    There should be a quicker process. Perhaps computer simulations with a quick 1 month trial….

  191. grim says:

    The larger thought is to put the reformulation into an annual booster similar to flu.

  192. The Great Pumpkin says:

    Parents in one Texas district ripped off a teacher’s face mask and demanded another educator remove hers, according to the school system’s superintendent.

    https://twitter.com/nbcnews/status/1428366910802984967?s=21

  193. Juice Box says:

    We have more than enough evidence that the mRNA vaccine technology adapted for Covid has an acceptable safety profile. A simple change should not need huge amounts of time. The idea is it’s designer we should be able to adapt it quickly.

    There are only 29 amino acids in the BAT RaTG13 spike protein, we have formulated the new vaccines…It should get to the point where the Covid vaccines are designer and can be reformulated even quicker to prevent outbreaks before they spread worldwide.

    https://asm.org/Articles/2021/July/How-Dangerous-is-the-Delta-Variant-B-1-617-2

  194. Juice Box says:

    re: “My wife’s doctor told her not to listen to the government”

    Sounds like somebody needs to be reported to the thought police on social media for cancellation….

  195. Fast Eddie says:

    All I know is if Trump didn’t lead the charge on that capital erect1on, we would have never had this Afghanistan fiasco.

  196. leftwing says:

    For any sycophants the CEO of one of the headline meme stocks will be on CNBC at 11:30 responding to skeptics with her patented (and patently obvious) observation that new technologies over the long term disrupt established industries while continuing to pointedly avoid addressing factors impacting short term performance and fund management issues.

    Me, I’m waiting for this interview to end with maybe a little pump and I’ll add to my short.

  197. Juice Box says:

    Pumps – No need to look to Texas..there will be plenty of incidents around here once skool opens next month.

    The anti mask crowd in new jersey has lawn signs…”unmask our kids” They were out on the road down here last week. I took a ride over on my bicycle to gawk…Seems to be a mostly tame bunch when there are dozens of armed PoPo guarding the Govenor’s waterfront Hacienda.

    https://www.njspotlight.com/video/protestors-say-unmask-our-kids-after-nj-mandates-masks-for-schools/

    The question is who is dumb enough to get their teeth knocked out by the police over a mask?

  198. leftwing says:

    “Why would they need to do exhaustive trials on this delta version of the mRNA vaccines if they are only changing a few of the of the 1273 amino acids that are in the mRNA instructions to target ONLY the virus spike glycoprotein?

    There should be a quicker process. Perhaps computer simulations with a quick 1 month trial….”

    Agree on both counts.

    I suspect eliminating trials and smoothing the process can start once there is full approval. At that point there is an established baseline that can be tweaked.

    Asking anyone – public entity (FDA) or private – to provide a shortcut on top of a process that itself was a shortcut is a bit out on a limb…..

  199. Juice BOx says:

    I am taking about a real change here with the rules…We get reformulated flu vaccine every year folks. It’s not much different..

  200. 3b says:

    Juice: There was a story a couple of years back regarding US army better officers were in barracks together with Afghan officers. US troops on top floor, and Afghans on ground floor. These Afghan officers liked to dress young boys up as girls and then repeatedly raped them at night. The US officers used to hear their screams at night. Apparently, one night the a couple of the US officers could not take listening to the screams any more and went downstairs and shot and killed a few of the Afghan officers who were raping the young boys. The Americans were court martialed and were facing jail time. They should have got medals.

  201. Chicago says:

    Juice for you, and for anyone who grew up in the city.
    https://m.youtube.com/watch?v=yygrgcOtezM

  202. The Great Pumpkin says:

    Hilarious. Takes out said competition, then moves in to replace.

    “Amazon Plans to Open Large Retail Locations Akin to Department Stores”

    https://www.wsj.com/articles/amazon-retail-department-stores-11629330842?st=cw46y7fgjdc9z5i&reflink=article_copyURL_share

  203. The Great Pumpkin says:

    Cathie Wood said she thinks deflation is a greater risk than inflation. I agree. Less people are going to be needed in the future to make society go. Smarter AI becomes, the less need there is for human labor aka deflation.

  204. Juice Box says:

    3b – yes bad stuff that our soldiers were ordered to ignore, you are thinking of Dan Quinn special forces commander who beat up the afghan commander, he was at GS after the Army and now works in private equity.

  205. Juice Box says:

    Pumps – you are conflating things again. Robotics not AI….A robot does not need AI to perform repetitive labor…There are plenty of robots around….bio-robots who do it all, pick cotton, cut grass and cook and serve slop.

    Right now there is a labor shortage…Plenty of labor needed to serve up slop for example. I don’t see AI serving slop anytime soon. The bio-robots are cheaper and easier to replace, as there are millions flooding the country for free right as we speak. You can pick up a few bio-robots at the local 7-11 parking lot and they can do all kinds of labor Americans cannot and will not do. There will be a bio-robot glut soon too, as millions added to the labor force competing for work will drive prices down. We should have at least 5 million extra bio-robots available for work in the next three years ….

  206. leftwing says:

    Pumps, I totally understand why you are fan of CW….

    She earnestly and with the eyes of a young child discovering something new champions the obvious.

    Details, execution, and actionable items? Bereft.

    You and she are one.

  207. Fast Eddie says:

    Smarter AI becomes, the less need there is for human labor aka deflation.

    House tour guides and c0ckr0aches will be the last remaining living organisms on planet earth.

  208. The Great Pumpkin says:

    ARK Invest’s Cathie Wood defended her innovation-focused strategies in the wake of investors betting against her funds on Thursday.
    “I don’t think we’re in a bubble which is what I think many bears think we are,” Wood said on CNBC’s “Tech Check” on Thursday. “In a bubble, and I remember the late ’90s, our strategies would have been cheered on. You remember the leap frogging of analysts making estimates one higher than the other, price targets one higher than the other. We have nothing like that right now. In fact, you see a lot of IPOs or [special purpose acquisition companies] coming out and falling to earth. We couldn’t be further away from a bubble.”

  209. The Great Pumpkin says:

    She is correct. She really gets it.

  210. The Great Pumpkin says:

    “When I see such negative sentiment out there, especially when it comes to valuation and longer time horizons, investment time horizons, I actually feel a little more comfortable. I like bad news,” Wood added. “The discounting is worse now than the news will actually be. I actually feel better in that environment for out strategies.”

    Wood said that much of the bearishness on her funds is focused around inflation and interest rates going higher. However, the portfolio manager’s macro thesis focuses on deflation from innovation.

    “The innovation around which we have centered our research, these five platforms: DNA sequencing, robotics, energy storage, artificial intelligence and blockchain technology, are barely off the ground,” said Wood.

  211. The Great Pumpkin says:

    So much negative sentiment out there and people have think this is a bubble…lmfao.

  212. Bystander says:

    “We couldn’t be further away from a bubble”

    Confirmed we are in a bubble.

  213. No One says:

    “fat shaming”
    Here’s the best broadway-style musical number ever about fat shaming and safe spaces
    youtube.com/watch?v=sXQkXXBqj_U

  214. leftwing says:

    “I don’t think we’re in a bubble which is what I think many bears think we are,” Wood said…”

    This is literally not the case. No one has said we are in a bubble and people shorting her are not claiming we are in a bubble. It is a valuation question, which is different than a ‘bubble’.

    “Wood said that much of the bearishness on her funds is focused around inflation and interest rates going higher. However, the portfolio manager’s macro thesis focuses on deflation from innovation.”

    No….inflation is not the issue. It is one of the inputs. The question is rates. If they move up, her stocks move down.

    Dumbass, since I know you will miss the above point I’ll spell it out for you, that is the exact reason why you are down 20% or from your purchase six months ago.

    “In fact, you see a lot of IPOs or [special purpose acquisition companies] coming out and falling to earth. We couldn’t be further away from a bubble.”

    No shit. Takes a lot of balls to make that statement as her MO is buying into IPOs and SPACs aftermarket and riding them down. And she is just dead wrong factually. SPACs have a floor price at 10.00. They are overwhelmingly trading at ten, or slightly below. New issuance has halted. That defines falling to earth…She got involved in the Feb runup with many in the teens.

  215. 3b says:

    Fed minutes say tapering to end this year. This should be interesting.

  216. The Great Pumpkin says:

    Lefty,

    You are funny. How many times has blurry said we are in a bubble the last 10 years? That’s essentially what his short is against tesla and ark…a bet on a bubble due to a belief that rates are going up. Boy, is he going to get his a$$ handed to him if he is wrong.

  217. The Great Pumpkin says:

    And enough with evaluating growth stocks value in the early stages of development. Of course they have high P/E ratios when they are at the early stages of taking over markets.

  218. leftwing says:

    No One from above….

    “who detected a “late-stage major bubble [in growth stocks]” that, he wrote, “will be recorded as one of the great bubbles of financial history.”

    The author’s quote is a bit different than the headline….the above bracketed exception makes all the difference…

    Stocks in general, what are we low-ish 20s forward multiple on the SPX? That puts it, what, 15% overvalued? Less, with rates where they are? Hardly a bubble.

    Are growth stocks at more extraordinary valuations? Absolutely, part of the reason I’m short ARKK. Whether they are overvalued, a bubble, or as the author states ‘a late stage major bubble’ is a matter of amplitude, not direction.

    Not really a distinction that I find particularly meaningful…and certainly not an exercise I find beneficial trying to thread the needle of whether these stocks ought to be off 20, 33, or 50% from highs/where they currently sit at some point in the future.

  219. The Great Pumpkin says:

    She is investing in companies that are losing money because every single penny is diverted to growing said company. No sh!t that they make no money right now, why would you expect that?

  220. The Great Pumpkin says:

    And if you think you are going to find an ETF investing in these types of disruptive tech trends that only goes up, you don’t understand it. It’s volatile in the near term, but long term it will knock it out of the park when these trends develop. Patience and nerves of steel, or don’t invest in ark funds. They are not a get rich quick scheme.

  221. leftwing says:

    Dumbass, i never mentioned Burry nor do I follow him. Stop distracting.

    “And enough with evaluating growth stocks value in the early stages of development. Of course they have high P/E ratios when they are at the early stages of taking over markets.”

    Nope…they overwhelmingly don’t have P/Es because they don’t have earnings…you would know that if you performed any diligence whatsoever rather than following a bunch of 20-somethings YOLOing a few hundred bucks on Reddit and then regurgitating their misinformation here as your own.

  222. leftwing says:

    Pumpkin 1:48p/1:51p…

    You continue to amaze me with your level of stupidity…..you are literally discovering and being amazed at fire relative to the knowledge others have on this board…

    You mean growth stocks are often not profitable and exhibit high volatility…..well, who’da thunk?

    I and the other posters here who actually have entire careers in finance and investing thank you for enlightening us! Couldn’t have done it without’cha!

  223. grim says:

    Going to throw Texas some props for setting up mobile antibody infusion sites to administer the Regeneron therapy. Why more aren’t doing this, I don’t understand.

    Should be your first stop after getting a positive test result.

  224. Juice Box says:

    re: Bubble..

    It’s only a bubble when it is so large people cannot see it.

  225. 3b says:

    Juice: It’s different this time!

  226. Phoenix says:

    Should be your first stop after getting a positive test result.

    Most people don’t lay out a couple of grand that easily. Most people check to see if it is covered by insurance. Unless you are like Pumpy with his Lexus insurance yours might not cover it. I’d imagine many won’t.

    Pony up. We take credit cards and cash. Plus if you need it we have 2 pack epi-pens on sale, these are the full dose models with 0.30 cents worth of epi in them. The absolute best. Today they are only 599.00 on sale, one dollar off regular price.
    Don’t take a chance with your life, buy two today.

    Isn’t capitalism wonderful?

  227. Phoenix says:

    I don’t have a career in finance, but when you can package sixty cents of epi and sell it for six hundred dollars you are one hell of a capitalist that’s for sure.

    To the moon, Alice!

  228. Libturdian Thoughts says:

    It’s a bubble butt.

  229. Phoenix says:

    Might as well say you can’t prescribe a 300 pound person a higher dose because you would be fat shaming them.

    Veterinary medicine is far more advanced here, since almost everything is dosed by mg/kg.

    Not an accurate statement. Same dosage for a 5 pound teacup poodle and a 120 lb rottweiler is the same.

    Plenty of human medicines are dosed by weight. What you have stated is total misinformation.

    https://www.merck-animal-health-usa.com/nobivac/nobivac-lyme-vaccine

  230. Phoenix says:

    More like Boulder Butt.

  231. No One says:

    Phoenix,
    It’s mostly the FDA that makes it possible for Epipens so expensive. Generics still have to go through the regulatory hoops. Just like the FDA has been slow to figure out vaccines and boosters.
    acsh.org/news/2018/06/23/government-big-reason-epipen-and-other-generics-are-so-expensive-13114

  232. Phoenix says:

    No One

    That is a lie. It is the company that sells it who sets the price, not the FDA.

    They could give epi-pens away if they like. Jonas Salk did not profit from his vaccine.

    Just admit it already, America is a country full of pure greedy corporate Bass Turds.

  233. Phoenix says:

    So I guess some will have to pay an infusion charge, others not so much. Well, that does make it more affordable.

    My guess that charge will be a few hundred dollars for many. Not bad, but not insignificant either.

    Wonder how much the Govt paid for each dose..

  234. JCer says:

    Burry is right, Ark will lose value. Woods dependence on TSLA will be her undoing. Fantastic company, great products and tech but it is making money based on other automakers having to pay them for credits against their pollution. Ford, VW, Audi, Porsche, Mercedes, Jaguar are making compelling EV’s that compete with Tesla and you still get tax credits. You have Polestar and a other companies now entering the fray as EV companies. Hyundai is coming next and soon you’ll see Toyota, the space is going to see competitors like they haven’t seen in the last 7 or so years. It seems to me future growth is baked into the current pricing levels so there is quite a bit of downside risk. The Hyundai Ionic 5 if they can deliver it below 45k seems like a Tesla killer, better build quality, similar performance, lower price, better warranty, objectively more attractive and a much bigger vehicle than any of the others in it’s class. I don’t think Tesla is taking their competition seriously, they are going the road of Henry Ford, it will come back to bite them.

  235. Libturd says:

    JCer,

    Take a look at the Fisker strategy. The Ocean is due to go into production at the end of this year. Though, they are less about the car and more about figuring out how to roll out new cars every 18 months or so with way lower costs than anyone else. They are outsourcing much of the manufacturing to FoxConn. It’s really a brilliant strategy, but there are clearly two caveats. First, they are entering the electric race very late and might not raise enough capital (which I doubt) to make it through the initial snafus. Second, the outsourcing makes them 737 MAX susceptible. Still, their car looks awesome and it should be able to be manufactured quite cheaply.

    Plus, the solar panels on the roof to trickle charge (kind of gimmicky) should do well among the EV crowd who would drink recycled heavy metals if someone claimed it to be the smart way to dispose of them.

  236. Ex says:

    Wait, Fisker already went under once……they are back?

  237. No One says:

    Phoenix,
    If you want “free” medicine you’ll just have to go to Cuba or some other prison.
    Maybe get your vaccines from China or Russia where the quest for profits wasn’t involved in incentivizing breakthroughs.
    There are $35 epipens selling in India. I’m sure their manufacturers would love to sell more in the US, but the FDA doesn’t allow them to sell on Amazon or US drug stores. Anyone trying to import them would be sued and arrested, because they haven’t been approved by the FDA. The FDA doesn’t care about approvals that other countries’ regulators give, the FDA is going to protect their jobs, their power, and in return protects the high prices of the few companies who can afford to jump through their hoops.
    But go ahead and blame the companies and capitalism for the issues of one of the most highly-government-regulated-industries in the world.

  238. Libturd says:

    Ex,

    Yes. And with $4,000 of my money working.

  239. Phoenix says:

    No One

    Forget this guy?

    Though Shkreli was convicted of defrauding investors in his hedge funds, MSMB Capital and MSMB Healthcare, he is most widely known as the “Pharma Bro” who hiked up the price of the lifesaving pill Daraprim from $13.50 to $750 — or by 5,000 percent — while serving as chief executive of Turing Pharmaceuticals.

    “A lack of competition is one of the reasons that Mylan, the company that makes EpiPens, can continue to increase the price.” And the desire for greed is the actual reason that they do. It’s called leverage. They raise the price not because they have to, not because they care about the average American, they do it because they are greedy.
    It’s not about “research costs.”

  240. leftwing says:

    “Woods dependence on TSLA will be her undoing.”

    TDOC, her second largest holding at 6%, is re-heated leftovers. It could easily halve from here, and it’s already down 56% from its Feb high of $308. Good thing she has a ten year time horizon, I’ll make book that it will take that long for TDOC to get back there if ever.

    ROKU, her third largest holding at 5%, isn’t horrible although I can make several arguments that when streaming is sorted out they are not necessarily the ones left standing. Regardless, it is a $46B market cap company, assuming valuation remains the same you need $450M of run rate earnings to get to a 100x P/E multiple. EBITDA multiples show similar but less dramatic growth needed. Moreover, GPM and account growth are slowing (death knell for a high value growth stock). In any case even assuming ROKU is the winner in streaming it is valued at metrics two years out at least.

    I don’t mind her picks and I agree with her disruptor thesis. Problem is as anyone who has been around picking specific stocks can tell you sorting out winners and losers in any industry years out is difficult enough and with speculative areas is not only more difficult but often binary…a company either excels to the top or fails.

    Take those two factors and compound them with operations that need two years of extraordinary performance just to grow into current valuations and, yeah, down is the way. The companies she owns are priced beyond perfection.

  241. Grim says:

    What does Foxconn know about manufacturing cars?

    They are going to need to go through the same painful process as Tesla.

    Small electronics assembly requires far less investment in fixed assembly lines.

  242. joyce says:

    No One,
    The same large manufacturers selling for X in other countries are selling for X,XXX in the United States. They want the government regulations to impose their geographic price discrimination.

  243. The Great Pumpkin says:

    She has developed a rather resourceful approach to understanding and researching these trends that have never been done before. Her open arms approach to critique and discuss these trends is simply brilliant. She doesn’t have an EGO, which prevents her from using these tools. She doesn’t say she knows it all and embraces criticism. She is not afraid to say im wrong, and adjust.

    She has a strong following of haters. They all make her stronger as they find faults in her approach for her for free. Just because they hate her so much, and love to try and take her down on social media. It’s hilarious.

    “I don’t mind her picks and I agree with her disruptor thesis. Problem is as anyone who has been around picking specific stocks can tell you sorting out winners and losers in any industry years out is difficult enough and with speculative areas is not only more difficult but often binary…a company either excels to the top or fails.”

  244. The Great Pumpkin says:

    They said earlier in the year she would run into a liquidity crisis that would crash her stock. How that work out?

  245. Bystander says:

    3b/Juice

    “It’s only a bubble when it is so large people cannot see it.”

    How about when it is across every asset class that it is too large to fathom? In 2001, there was no printing press to backstop at all. In 2008, it was poor lending standards but today it is okay to pay 30% more for a home because no ninja loans and 2.5% rates..sound even. Simply put – everyone feeling stock rich but wages are not backstopping this total asset inflation. As long as bond market (again Fed manipulated) maintains muted inflation stance then it can’t be a bubble because Fed ensures it never pops. That is where we are..

  246. Phoenix says:

    In late May, the U.S. Senate failed to pass a reform bill aimed at curbing the influence of patent trolls. In early June, Elon Musk announced that Tesla would not initiate lawsuits with any firm that used its patents “in good faith.”

    “What Musk has said is basically these patents aren’t very valuable to us in terms of keeping other electric vehicles out of the marketplace,” Bessen explained. “But he’s hanging on to them, and what he’s talking about there is that they may be valuable in defensive terms, if other firms come after him and sue Tesla.”

    In other words, the value of patents in an increasing number of cases is merely to keep from getting sued by someone else with patents.

    https://hbr.org/2014/06/patents-are-eating-the-world-and-hurting-innovation

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  248. Bystander says:

    Hey, what could go wrong..move to CO, pay $200K above asking and hope my employer let’s me work elsewhere before actually having conversation. Really magical times.

    “Demand for housing was strong in 2018 and 2019, but it really took off early last year, after the Fed cut interest rates to near-zero and began buying government-backed debt to soothe markets at the start of the pandemic. Mortgage rates dropped, and mortgage applications soared.
    That was partly the point as the Fed fought to keep the economy afloat: Home-buying boosts all kinds of spending, on washing machines and drapes and kiddie pools, so it is a key lever for lifting the entire economy. Stoking it helps to revive floundering growth.
    Those low interest rates hit just as housing was entering a societal sweet spot. Americans born in 1991, the country’s largest group by birth year, just turned 30. And as Millennials — the nation’s largest generation — were beginning to think about trading in that fifth-floor walk-up for a home of their own, coronavirus lockdowns took hold.
    Suddenly, having more space became paramount. For some, several rounds of government stimulus checks made down payments seem more workable. For others, remote work opened the door to new home markets and possibilities.
    Reina and David Pomeroy, 36 and 35, were living in a rental in Santa Clara, Calif., with their children, ages 2 and 7, when the pandemic hit. Buying at California prices seemed like a pipe dream and they wanted to live near family, so they decided to relocate to the Boulder, Colo., area, near Mr. Pomeroy’s brother.

    They closed in late July, and they move in a few days. Ms. Pomeroy was able to take her job at a start-up remote, and Mr. Pomeroy is hoping that Google, his employer, will allow him to move to its Boulder office. The pair saw between 20 and 30 houses and made — and lost — six offers before finally sealing the deal, over their original budget and $200,000 above the $995,000 asking price on their new 5-bedroom.

    “We felt a little bit more comfortable paying more for the house to lock in low interest rates,” said Mr. Pomeroy, explaining that they could have compromised on amenities they wanted but didn’t.
    “Interest rates are so low and money is cheap,” he said. “Why not do it?”

  249. 3b says:

    Bystander: All True. Feds actions are destroying this country and they answer to no one. It won’t end well.

  250. BRT says:

    I can’t tell you how many of my coworkers were giddy that they closed on a 750k property at 2.5% thinking that the interest rate is the only thing that matters. In their mind, they maxed out their cost of living and their raises should make it even more affordable 4 to 5 years down the road. These people are completely oblivious to the idea of a little bit of inflation putting them into the red.

  251. 3b says:

    As a very smart and famous man told me years ago when I was starting out at GS, it’s not the financing mechanism that matters it’s the value of the asset. As for millennials the first time buying age continues to increase, I believe it’s 33 years old for a first time home buyer, from what I have been seeing in my town it looks more like 43 or older, unless a lot more people are losing their hair in their 30s.

  252. Grim says:

    Word on the street is the State Department is charging $2000 for a one way “seat” on Air Kabul.

  253. Bystander says:

    Guy is not even software dev at google – Business Planning Analyst. Wife is “Community Leader” at some Fertility Resource company…yet $1.2m home. C’mon now. Debt, debt, debt..bubble? No way.

  254. The Great Pumpkin says:

    Yea, people don’t care. When I was buying my house at 31, people couldn’t understand the concept that were buying a cheap colonial if we stayed long term. 650k was affordable for us back then in 2011 (with 20% down). We are living way below our means, just the way we planned it, if the critics could understand the long term game. Instead they cried that we were overpaying…housing wasn’t exactly en Vogue in 2011.

    Bystander says:
    August 19, 2021 at 6:08 pm
    Guy is not even software dev at google – Business Planning Analyst. Wife is “Community Leader” at some Fertility Resource company…yet $1.2m home. C’mon now. Debt, debt, debt..bubble? No way.

  255. Bystander says:

    BRT,

    I saw my buddy for first time in 1.5 years last week. He tells me about a mutual friend who just moved from Brooklyn with two kids to Glen Rock. Guy is my about same age, 48 and his wife works as well. They are more fashion industry workers and very hip artsy party types so not brightest folks. I checked and they paid $770K with $19K tax bill. Home sold for $250k only 25 years ago. I bet they don’t make more than $200k combined. Home needs lots of work – cheap grade kitchen, rotting deck, older siding etc. I bet they don’t make more than $200k combined. Apparently, redoing it all. Again, this won’t end well.

  256. The Great Pumpkin says:

    I knew to maximize loan on a beat down asset like housing when it was in a down cycle. Borrowed as much as I could (safe wise) and bought a house that is very affordable by 2021 standards. Where are you finding a 4 bedroom colonial for 650 today? Impossible. And if we understand what’s going on right now, we are still in the early stages of the next cycle.

  257. Bystander says:

    I guess I had to emphasize their income level ;>)

  258. Bystander says:

    Yes, we know your stance dipshit. Nearly everyone who bought a suburban home from 2011 – 2015 saw it mostly stagnate until last year..yours included. Stop acting like you are a special genius. You are special in a small yellow school bus sort of way. 19K tax bill for blah 2k sqft colonial..good luck

  259. The Great Pumpkin says:

    It was inevitable. Just required patience and understanding that it was the long game being played.

    Bystander says:
    August 19, 2021 at 6:41 pm
    Yes, we know your stance dipshit. Nearly everyone who bought a suburban home from 2011 – 2015 saw it mostly stagnate until last year..yours included. Stop acting like you are a special genius. You are special in a small yellow school bus sort of way. 19K tax bill for blah 2k sqft colonial..good luck

  260. Ex says:

    Believe it or not, $750k is the entry point for a liveable place in SoCal.
    We dropped that on a place 4 years ago, Zillow tells me its worth $975k now.
    Nothing to see here…..

  261. 3b says:

    Bystander: Glen Rock has a lot of busy streets as well. double yellow line busy. I would not be surprised if they ended up on one of them.

  262. Bystander says:

    This is not hard game to understand – two incomes now. Some who make $200k income will be careful and buy modest $500k home and some willl leverage up to $800K. Low percent down will allow for nearly any 2-4 X income scenario. I also know why contract rates are lower. Companies think that you must have spouse with benefits so why should I pay higher rate? There is only reason someone could be offering $65 hour for job that paid $100/hr easy 10 years ago. Knowing how high medical insurance has skyrocketed, no way could survive on that in NYC. Dual income is now completely baked into life moving forward. These women will not have option to stay at home or god forbid have a sick or disabled kid/relative…as Ed says “f you, pay me”

  263. The Great Pumpkin says:

    Software is king…that’s where tesla absolutely destroys its competition. Making massive gains in AI that will be used for who knows what in the new age economy.

  264. The Great Pumpkin says:

    Bystander,

    The problem is, a lot of people are getting assistance from their rich baby boomer parents. So we have to be careful with judging pricing based on income.

  265. The Great Pumpkin says:

    Also, ton of investors looking to make your home the next air bnb, or monthly rental. Housing is going to become very expensive. It’s cheap right now, but we don’t realize it. Hindsight is always easier. I should have bought when it was “insert price.”

  266. The Great Pumpkin says:

    And remember diversification. People love to park their money in real estate for diversification purposes or a hedge against inflation. It’s rock solid because most people have no interest in selling. So it forms a strong base.

  267. The Great Pumpkin says:

    I mean there is no inventory. What does that tell you? Do people really want to sell? Nope…

  268. The Great Pumpkin says:

    It is happening. $TSLA $ARKK $ARKW $ARKQ

    Stat of the Day. New data on California vehicle registrations shows Tesla increased sales in Golden State in first half of year by 50.8% (vs. ‘20) and jumped past 9 other brands to become #6 in market share for first half sales in the country’s largest auto market. $TSLA

    https://twitter.com/lebeaucarnews/status/1428480072437182465?s=21

  269. Bystander says:

    I did not see this but somewhere towards end of 2017, FNMA raised DTI to 50% from 45%..Jesus H

  270. 3b says:

    Bystander: Agreed And some people think this is all great. Two incomes to pay for the same house that 25 years ago required one. The house is just 25 years older.

  271. Bystander says:

    “The problem is, a lot of people are getting assistance from their rich baby boomer parents.”

    Did you? Did your wife’s parents? You want to believe this to be true to fit narrative. Most people are not getting squat. I know for a fact that the he come from divorce, no dad around and her parents are in Texas bumpkins, not NJ. It is debt driven. They probably sold Brooklyn apt for 200K more than paid for it and rolled it into high mortage. A 600K mortgage at 3% with 19K taxes with still like $4300 month. Dream on this is ok.

  272. The Great Pumpkin says:

    Think what you will, but only look to the north in British Columbia to understand that income does not correlate to real estate prices. The rich are buying up real estate. The masses will be renters in the future. Renters of everything in the new economy. Only the rich will own property and own their cars.

  273. The Great Pumpkin says:

    Why is nobody talking about this?! Nj towns would be smart to hold out on commercial/industrial properties instead of converting them to residential. Towns that understand this will be winners in the next 20 years.

    “Notes on the News: Amazon Moves Deeper Into Physical Retail, After Disrupting It”

  274. 3b says:

    Bystander Between 1995 and 2016 only 2 percent of all bequests was 1,000,000 or more, and that equaled 40 percent of all wealth transferred. One of the Fed Banks did a study on this around 3 years ago. Very interesting read. Boomers are wealthy compared to other generations but not as wealthy as some think they are. They are also living longer and spending their money.

  275. Ex says:

    Amazon Fresh “and” an Amazon Disti Center are moving in our little town.

  276. The Great Pumpkin says:

    The Vacation Rental Business Is Coming of Age
    More home buyers under the age of 30 are getting into the short-term rental game to supplement their incomes and help with the mortgage

    https://www.wsj.com/articles/the-vacation-rental-business-is-coming-of-age-11629392453

  277. The Great Pumpkin says:

    “I don’t need sex, the govt f’ks me everday.” Meme going around with a guy wearing this shirt. Lmao

  278. The Great Pumpkin says:

    What if I told you that I don’t care about the car business with tesla…the real money is in the software and the future applications of said software. That’s the f’ing gold. We can’t imagine yet how it will be applied.

  279. The Great Pumpkin says:

    Feeding the eco system…smart.

    “Coinbase $COIN CEO Brian Armstrong said today the company will buy $500M worth of crypto to hold on their balance sheet

    Armstrong also said the company will be investing 10% of all profits going forward in crypto $BTC $ETH”

  280. The Great Pumpkin says:

    Exactly what i said…like whoa!!

    “Elon Musk said today “What we want to show today is that Tesla $TSLA is much more than an electric car, that we have deep AI activity”

    “I think we are arguably the leaders in real world AI””

  281. The Great Pumpkin says:

    I said that about tesla before seeing this. That was all based on my original thoughts… software is king

  282. BRT says:

    Coinbase $COIN CEO Brian Armstrong said today the company will buy $500M worth of crypto to hold on their balance sheet.

    Feeding the eco system…smart.

    I know, Crazy Eddie was a pioneer in feeding the ecosystem.

  283. JCer says:

    Bystander you clearly don’t know how much apartments in Brooklyn cost. Those people probably traded a 2 bedroom for the house straight up, maybe even with the extra for the renovation.

    Pumps, the Chinese are not parking their ill gotten gains in Wayne NJ. Vancouver is driven by Chinese property investors, they are looking for a safe place to park their money, fundamentals be dammed because the CCP can just take your money. Just as Hudson county NJ market was to some extent driven by Australian institutional investors.

    Bystander on the google employee, he probably makes about 200k ish and wife probably makes 100K+, California salaries are relatively high at a place like google. So assume 325K annual income, 4x income is 1.3M, so these people are figuring with rates as low as they are they have underspent. It’s tight but not absurd, now the issue is if you lose your CA job and receive a local salary it’s going to sting. I used to manage a team of software developers in Co, salaries are quite a bit lower than CA, more 100-150 where as CA is more 150k-200k.

  284. The Great Pumpkin says:

    Lot of foreign investors look at nyc/nyc metro as gold. Rightfully so.

    “Pumps, the Chinese are not parking their ill gotten gains in Wayne NJ. Vancouver is driven by Chinese property investors, they are looking for a safe place to park their money, fundamentals be dammed because the CCP can just take your money. Just as Hudson county NJ market was to some extent driven by Australian institutional investors.”

  285. Jim says:

    PUMPY,
    The Vacation Rental Business Is Coming of Age
    More home buyers under the age of 30 are getting into the short-term rental game to supplement their incomes and help with the mortgage

    This is just about the only thing I can agree with Pumpkin on, I bought my first rental @ 22, then kept buying small apartment buildings until I had 25 units. But the vacation route is so much more lucrative. For the last 6 years we have rented all over the eastern seaboard paying $7,000 to $9,000 for a week’s vacation for my complete family our kids , Grandchildren , spouse and myself. I gotta say it was worth every dime.
    The vacation rental business is the absolute best business to get into, but location, location , location is the only way to go. Next year we will go to the Jersey Shore and it looks like we will break $10,000 for the first time . OUCH! But the Grandkids love pools and kids /wife want the ocean within 4 rows. That is a tough find at Jersey shore.
    I can’t take the money with me , but I can enjoy spending it with the family. LOL

  286. 3b says:

    Jcer: According to Glassdoor Google business analyst salaries range from 30k to 220k so he would have to be at the top level if you think he is making 200k. As for the wife start up remote could mean anything without knowing exactly what it is she does.

  287. The Great Pumpkin says:

    Amen. Some people never realize this.

    “I can’t take the money with me , but I can enjoy spending it with the family. LOL”

  288. Bystander says:

    JCer,

    You are right. I don’t know Brooklyn well but Realtyhop does. I can see the transactions now. He only bought Brooklyn place in 2017 and sold it during pandemic in late 2020. He made litle on it. Bought for 1m with 860k mortgage and sold for 1.15m. After fees and taxes, probably 100k made at most. He rolled all of that into new Glen Rock home. His mortgage is 608K. Nice little site.

    Sorry, hard to believe that guy and his wife are clearing 300K, maybe 250k but still 1.2m? As for Google, you saw this news, right?

    Aug 10, 2021 — Interviews with Google employees indicate pay cuts as high as 25% for remote work if they left San Francisco..

  289. WeeLee says:

    ” the Chinese are not parking their ill gotten gains in Wayne NJ”

    Ree want to, a ping a pong.

  290. Grim says:

    Mississippi now #3 for covid death rate.

  291. Ex says:

    Darwin wins again.

  292. Bystander says:

    3b,

    Interesting on wealth transfer. It is straight up BS by blumpy.

    Also, interesting on Aussies. I know 3 ex-coworkers who went to work for National Australia Bank in city last few years. I thought that was strange as I never heard of anyone working there prior.

  293. The Great Pumpkin says:

    Tesla $TSLA robot stats

    Elon said sometime next year they expect to have a prototype

    “We are setting it so at a physical level you can run away from it” – @elonmusk

  294. The Great Pumpkin says:

    Let’s go, musk!! Let’s go, cathie!! You have to be bat sh!t crazy to short this.

    “Tesla AI day presented the most amazing real-world AI & engineering effort I have ever seen in my life.”

  295. The Great Pumpkin says:

    🐻: Tesla is just an auto company

    @elonmusk : Yeah Yeah

    😂😂

  296. The Great Pumpkin says:

    What a time to be alive and be able to invest into this. Let’s go!!

  297. The Great Pumpkin says:

    Wild, im like i dont care about the car part of the company tesla, only the software….and this comes out same day.

    https://www.cnet.com/news/elon-musk-reveals-tesla-bot-a-humanoid-robot-utilizing-tesla-ai/

  298. The Great Pumpkin says:

    Tesla still overvalued or did that punch to the face make you realize the future?!

  299. JCer says:

    Bystander so he downsized, he bought at the tail end in 2017 that was near peak pricing and sold as values were going down only 3 years later. I’d assume if they were comfortable at 1m in Brooklyn they be the same in Glen Rock sure they likely aren’t accounting for 2 cars, increased commuting costs, etc but Glen Rock is cheaper than Brooklyn and the 608k mortgage is significantly less then they were paying on an 800k mortgage from 2017 when the rate was likely 4.5%+ for an apartment vs. ~2.5% now. I was assuming a long time Brooklyn-ite who bought something a decade ago or more. I know quite a few people who bought in downtown Jersey City for 300 or 400k 15-20 years ago who had places that peaked at around 1M. It’s easy to buy an 800k house when you sell your condo. I know someone who just did so, sold the condo and bought a million dollar home in Basking Ridge. I know another person looking to do the same, covid, kids and apartments don’t mix.

    I agree the person in boulder is likely not in a good position because if they lose their Mountain View salary they likely cannot replace it in boulder. The guy is 36 years old which means he probably has between 12-15 years experience, he would likely be towards the top of the salary band for his role. The problem is people plug their income into an affordability calculator and it spits out a large number. The mortgage payment on a 1m loan in Boulder is likely less than the rent in Silicon Valley, I think the property taxes are less than 1%.

  300. Libturd says:

    It’s AI day and Tesla drops another 15 points and is down over 25% YTD. Keep on pumping. Keep on pumping.

  301. Phoenix says:

    Haha..

    A federal watchdog monitored U.S. efforts to rebuild Afghanistan for 12 years
    John Sopko detailed mismanagement, fraud and abuse in dozens of reports
    They make sober reading in the light of the Taliban takeover
    The U.S. spent $9 billion to wipe out opium production – but it increased
    A $36 million command center was built after the surge it was meant to house
    And $28 million was spent on forest camo in a country of two per cent tree cover

  302. Phoenix says:

    This year he documented how the U.S. Air Force wasted $549 million on faulty cargo planes.

    The Pentagon bought 20 refurbished G222 aircraft in 2008 for the Afghan government but they proved unreliable. Spare parts were difficult to find and their crews complained about their safety.

    They were put up for sale but eventually sold for scrap at a price of $40,257.

    ‘Unfortunately, no one involved in the program was held accountable for the failure of the G222 program,’ Sopko’s report said drily, describing how an U.S. Air Force general involved in the acquisition became the primary contact for the company that supplied them after retiring from active service.

  303. Phoenix says:

    $28 million for the wrong camouflage
    Perhaps the most embarrassing example came in the shape of new camouflage fatigues for the Afghan army. U.S. taxpayers ended up paying for the most expensive and least effective option.

    ‘I’d hate to be an Afghan soldier wearing that uniform,’ Sopko told USA Today at the time. ‘It’s like having “shoot me” written on the back.’

    The Pentagon wasted as much as $28 million on uniforms with a woodland camouflage pattern in a country where tree cover counts for about two percent of the landscape.

  304. JCer says:

    Phoenix, 549m for Fiat airplanes? Hmm you don’t say FIAT airplanes from the 1970’s and 80’s are unreliable junk? Yeah aren’t the Italian’s kind of known for this? So basically all the crap NATO was replacing was refurbished and sold to Afghanistan with our money, someone made a lot of money.

  305. Phoenix says:

    The former Air Force officer “had a clear conflict of interest because he was significantly involved with the G222 program while on active duty, then retired and became the primary contact for Alenia on the same program,” the inspector general’s report said.

    The Department of Justice accepted the cases for potential prosecution in 2016 but told SIGAR in May 2020 that both cases would be too difficult to prosecute successfully, the report said.

    Justice Department officials maintained that convicting the retired Air Force general of conflict of interest violations “would be difficult because such convictions were ‘unheard of,'” the report said.

    https://www.nbcnews.com/news/world/pentagon-spent-millions-faulty-italian-planes-afghans-later-sold-scrap-n1259332

  306. Phoenix says:

    The Pentagon did not identify the Air Force general mentioned in the report as involved with the program and when asked for comment, referred to its response included in SIGAR’s report.

  307. WFH says:

    Not so fast… data for key mta stops still well of norm and not climbing.

    https://www.bloomberg.com/graphics/2021-return-to-office/

  308. Hold my beer says:

    45.6% of Texans are now fully vaccinated and 54% have at least one dose. The bulk of the growth is in the 12-15 year old age group. Has gone from 20% to 29% since mid July. 50 plus age groups has gone up from 69.3 to 70.4%. The gap between percentage of whites and Hispanics vaccinated has shrunk to about 3.6%. It was a 6 or 7 point spread in mid July. Only 29% of blacks are vaccinated and that’s up from 27.2 in mid July .

    https://apps.texastribune.org/features/2020/texas-coronavirus-cases-map/?_ga=2.32021246.1199254871.1628940714-673980586.1626438533

  309. Ex says:

    I wouldn’t buy a Tesla. Musk is a weirdo. Do not like him.
    “He” is the brand. The brand sucks. IMHO

  310. Ex says:

    Back to work…first week down. Masks all around.
    Kids seem happy to be back. Godspeed.

  311. Libturd says:

    Best headline of the day this morning:

    “Tesla AI Day: More Artificial Than Intelligent”

  312. Libturd says:

    In other news, Apple has delayed return to work until February. Gator’s company is now January and my company is sill indefinite but changed mask policy to everyone including visitors now regardless of vaccination.

  313. 3b says:

    Lib; By the time everyone goes back to the office in whatever fashion, WFH will be almost 2 years in place. It’s now fully embedded in corporate America. The days of the traditional 5 days in the office is over.

  314. The Great Pumpkin says:

    Of course, you still have a virus running rampant out there. You think they want to keep pushing this back? Eventually it’s going to take a bite out of these companies ability to innovate the longer it is in place. Common sense.

    Libturd says:
    August 20, 2021 at 9:19 am
    In other news, Apple has delayed return to work until February. Gator’s company is now January and my company is sill indefinite but changed mask policy to everyone including visitors now regardless of vaccination.

  315. The Great Pumpkin says:

    Whatever it is, it’s not going to be what is good for the employee, it’s going to be what’s best for the business.

    3b says:
    August 20, 2021 at 9:24 am
    Lib; By the time everyone goes back to the office in whatever fashion, WFH will be almost 2 years in place. It’s now fully embedded in corporate America. The days of the traditional 5 days in the office is over.

  316. The Great Pumpkin says:

    Hate it all you want, this guy is changing the world you live in.

    Libturd says:
    August 20, 2021 at 9:14 am
    Best headline of the day this morning:

    “Tesla AI Day: More Artificial Than Intelligent”

  317. Libturd says:

    3b,

    What is blowing my mind is how amazing the earning reports have been, nearly across the board. If WFH is detrimental to productivity, it’s not yet showing.

  318. SmallGovConservative says:

    Well written, clear-eyed editorial from Bloomberg that does an outstanding job of expressing the extent of the damage that Biden has done in Afghanistan. Also rightly shreds him for his unwillingness to take ownership and begin the work necessary to make things better. The most depressing aspect of this whole debacle is that it’s now apparent that there is no one in the Biden admin that’s willing, or capable, of ‘fixing’ things or governing well — and a lot of people are just now realizing how terrible the next three years are going to be.

    https://www.bloomberg.com/opinion/articles/2021-08-20/how-the-u-s-can-recover-from-the-bungled-afghanistan-withdrawal?srnd=opinion

  319. No One says:

    Is the Tesla robot named AWESOM-O 4000?
    youtube.com/watch?v=NkaxFgs6S68

  320. Fast Eddie says:

    SmallGov,

    Spot on and rational. But when has the modern democrat ever been rational? They’re run by petulant singletons all too willing to take the votes of their nugatory base. The ancillary effects will be endless based on this epic debacle. This administration is everything we thought it would be; unhinged antics, looting riots, a fractured southern border, consumer confidence at a 10 year low, 7 consecutive months of diminished paychecks consumed by inflation, groveling to OPEC, standing by as China and Russia have their way with us like unwanted foster children, a vaccine handed to them and botched daily… just a band of duds and underdogs desperately attempting to change the narrative of their now daily mishaps and pileups.

  321. Libturd says:

    It’s a good thing Afghanistan will have been forgotten in a week or so. Meanwhile, Delta is about to completely F our country. All politics aside, get your booster ASAP. Israel let their guard down and thought they had Covid pretty much licked (sound familiar?). They dropped the masks and the distancing and now over 50% of cases are from those vaccinated and the number of cases are incredibly high considering that 80% of their population is fully vaxed. Of course, they were first to ramp up vaccination, so the efficacy of their jabs are wearing off first. This D variant is so damn contagious. At the same time, Republican governors across the country are not allowing mask mandates, even while many have become infected themselves. Everyone do yourself a big favor. Put the masks back on when indoors or where it is crowded and get back to separating. If the numbers are booming where 80% are vaxed, then it’s going to be pure hell hear where CHOICE has Trumped sanity. Or be selfish, get sick, be hospitalized and infect and kill anyone currently on chemo. Your CHOICE.

    Don’t say you weren’t warned. I fully expect the blue states numbers to explode once school starts and we start heading indoors later this Fall. It is inevitable when we live in a country of selfish pr1cks who will once again prioritize politics and CHOICE over saving lives. Yeah, we know Murphy and Cuomo put Covid in nursing homes. We are the dumbest country!

    Investment wise, I would not be surprised by the need for shutdowns again. I think my main strategy is intact. But we may have another covid panic correction before the euphoria and then the painful end of this impossibly long bull run. I’m going to be looking to start selling a bit more of my big gainers in the coming weeks. Maybe get down to 75/25 by the end of September. I really wish Wall Street wasn’t all partying it up in Nantucket this month.

  322. Phoenix says:

    The earth has simply had enough of you pesky old humans.

    Now go away.

    Greta Thunberg.

  323. 3b says:

    Lib: Exactly. WFH is not for the most part detriment to productivity; people want it. They know that if they work hard and the work is getting done and earnings and profits are there, then it’s much more likely that WFH will be permanent for them. I don’t know one person who misses the commute or the office.

  324. BidenIsTheGOAT says:

    Just saw someone at the McDonald’s drive through. Selfish pricks. Could have eaten raw vegetables and rice cakes instead. What the fvck are they doing eating that food and blowing out their calorie count. COVID casualties in waiting.

  325. joyce says:

    Justice Department officials maintained that convicting the retired Air Force general of conflict of interest violations “would be difficult because such convictions were ‘unheard of,’” the report said.

    Phoenix,
    I remember not too many years back the defense’s argument was that it was unreasonable for a Chicago police officer to have to follow department policy because most officers did not follow policy.

  326. BidenIsTheGOAT says:

    Selfish pricks everywhere I look. I just saw someone pull out of the liquor store. Don’t theY know that is poison. They should be on the treadmill instead if they have a shlt about public health.

  327. Phoenix says:

    Knock it off. They did eat raw vegetables at Mc Donalds. As long as there was enough ketchup on that Big Mac.

    The government used our tax dollars and wrote a bill stating just that.

    “A similar controversy arose in 2011, when Congress passed a bill prohibiting the USDA from increasing the amount of tomato paste required to constitute a vegetable; the bill allowed pizza with two tablespoons (30 mL) of tomato paste to qualify as a vegetable.”

    https://en.wikipedia.org/wiki/Ketchup_as_a_vegetable

  328. Phoenix says:

    Joyce,
    I believe that.

    America is going to sink under the weight of it’s own stupidity, arrogance and greed.

  329. Phoenix says:

    Of course, not with these salaries.

    Here, FEMAIL reveals the site’s top 10 earners – and their estimated monthly incomes:

    1. Blac Chyna: $20 MILLION

    2. Bella Thorne: $11 MILLION

    3. Cardi B: $9.34 MILLION

    4. Tyga: $7.69 MILLION

    5. Mia Khalifa: $6.43 MILLION

    6. Erica Mena: $4.49 MILLION

    7. Pia Mia: $2.22 MILLION

    8. Safaree Samuels: $1.91 MILLION

    9. Megan Barton Hanson: $1.06 MILLION

    10. Jem Wolfie: $900,000

  330. Phoenix says:

    Lib,

    You talk about your investing prowess. You should have started a page on Only Fans.

  331. BRT says:

    At the same time, Republican governors across the country are not allowing mask mandates, even while many have become infected themselves.

    Give it a rest. Dem governors are letting it run wild as well but only pretending to care.

  332. BidenIsTheGOAT says:

    And let’s not forget the open borders policy that the left introduced. Spreading COVID coast to coast in order to grow their voting base.

    Strip away rights for citizens while adding them for illegals. That’s the new left.

  333. Fast Eddie says:

    The Taliban has seized billions of dollars’ worth of U.S.-supplied military equipment in Afghanistan following their rapid defeat of government forces in that country.

    Images of Taliban fighters posing with U.S.-made supplies are circulating widely in the media, The Hill’s Rebecca Kheel reports, and include weapons ranging from M-16 rifles to armored Humvees. UH-60 Black Hawk helicopters and A-29 Super Tucano attack aircraft have also reportedly been captured.

    [ Insert slow-speaking southern voice here ] Now, I ain’t no military expert but it seems to me that we shoulda taken that stuff with us on the way out the door or blown it up to bits!

  334. Phoenix says:

    Always wondered where this came from what we see on the streets every day. Poor innocent guy needed this vehicle.

    https://youtu.be/RMSNUX3n6yA?t=439

  335. 3b says:

    Fast:We can still blow it up at this point, but we won’t. Our NATO allies are shocked by how we handled the withdrawal as it was a NATO mission. I am glad we are out, but how we did it was shameful. I understand the refuge visa process is incredibly difficult, but st the same time thousands can cross the border every day no questions asked. It makes no sense.

  336. Fast Eddie says:

    O’Biden said the Taliban are suffering from an existential crisis. LMAO!!

    Did they have a child leave a home? Perhaps they turned 40 and are depressed? Are they searching for meaning in their lives? Perhaps a lover left them?

    Joey Bananas is entertaining when they give him a cookie and let him play in the backyard.

  337. The Great Pumpkin says:

    Give it a rest. You obviously don’t get it, and are obsessed with WFH. As you like to tell me, get some help.

    3b says:
    August 20, 2021 at 10:40 am
    Lib: Exactly. WFH is not for the most part detriment to productivity; people want it. They know that if they work hard and the work is getting done and earnings and profits are there, then it’s much more likely that WFH will be permanent for them. I don’t know one person who misses the commute or the office.

  338. The Great Pumpkin says:

    Tesla appears far ahead of competitors in autonomous tech, says Loup’s Munster

    https://apple.news/AYDHcfxuSTTWYjSUnv8_Z-g

  339. Fast Eddie says:

    3b,

    They need to destroy that equipment. I feel for those kids. I feel for any kid that is not safe and secure, anywhere on the planet. I can’t stomach seeing kids not cared for and not protected.

  340. JCer says:

    Lib it’s time to admit the Pfizer shot is not terribly effective against delta, this plan to give boosters is reckless given the data we have. Maybe for the very at risk population(over 65, pre-existing conditions, immunocompromised) it makes sense.

    The unconstitutional power grab is a bigger problem than the damn virus. What we’ve seen where hospital systems are literally firing nurses who refuse to get jabbed is insane, literally the people who were on the front lines, have been infected, and now they are being fired for not taking the vaccine. Or Deblasio’s dictate that doesn’t allow the non-vaxed to go into a store to buy food in the 5 boroughs. I don’t like the idea of ceding this kind of power to elected and un-elected bureaucrats.

  341. The Great Pumpkin says:

    What’s insane is how you can call yourself a nurse or doctor and be against a vaccine. Not a good look.

  342. Ex says:

    I think the Vaccines are what they are. Between that and the other steps we can take it helped. The problem is the non-compliant. These are people who literally practice their own brand of voodoo and call it freedom. Sorry but the government has a responsibility to enforce best practices for staying healthy during a pandemic.

  343. The Great Pumpkin says:

    I mean, if vaccines are unsafe, why should i take any medication since they all have side effects much more dangerous than this vaccine. Fire them. They are used by antivaxxers to justify their lame position.

  344. Phoenix says:

    This virus was the test. Keep messing with China and you will get the one that has the real payload.

  345. 3b says:

    Pumps You need to stay out of the big boy conversations. You really do need help, and I mean that in all sincerity.

  346. Phoenix says:

    Unlike America with its politicians that are just content with theft on a massive scale, the Chinese mean business.

  347. Libturd says:

    JCer,

    The vax is working. It’s never going to prevent infection. It was also developed before the D variant existed. To say it’s not effective against delta is wrong. Predicting the variants has always been more about luck. So yes, perhaps boost should be done with the J & J and Moderna. But those who got Pfizer are still benefitting and might benefit when the E,F,G,H,I and J variants develop.

    I understand your feelings on the loss of rights. But I don’t agree with them in the case of public health. Without mandates, we would be way worse off.

    Sadly, until the world truly locks down and separates and gives up some rights, this thing may never be stopped. These vaccines are not dangerous. This virus is way more dangerous than any of these vaccines. Efficacy aside.

  348. Phoenix says:

    Sadly, until the world truly locks down and separates and gives up some rights, this thing may never be stopped.

    Well, since some of us can’t afford a “Nompound” or a GS built 23 room villa in Italy, we are going to do what we need to survive.
    Guess those that choose to live in fear need to suck it up.

  349. Libturd says:

    Though, I will say this JCer. I would be cool with people having choice and businesses having the same choice. If airlines don’t want your risk, you can’t fly, for example. Unless some airline wants to take the risk. This can be repeated throughout society. Same thing with the insurance paying for your hospitalization. You don’t like healthcare mandates? Well let the unvaccinated pay the healthcare costs for the unvaccinated and vice versa. It’s all fair.

  350. Libturd says:

    “Guess those that choose to live in fear need to suck it up.”

    Hope you don’t get cancer. My poker player friend was completely fukced by the Ocean County crowd of self-practicing scientists.

  351. Libturd says:

    On the withdrawal. The Opinion pieces there are increasingly becoming hit pieces with regularity. I’ll admit the withdrawal is messy. But I’m not sure bombing and droning is such a smart way out unless you want to create another Al Qaeda. I’m actually surprised the Taliban have been as peaceful as they have. When we left Vietnam, I don’t recall us flying out all of the Vietnamese who sympathized with us. War is ugly. I’m simply not sure that there was a better way out than what we just did. We all knew we were leaving the country to the Taliban. Heck, they were the only players at the negotiation table. What the heck were people expecting? I’m extremely relieved no jets or choppers were shot down. I can only imagine how many cash-filled suitcases we exchanged in this deal?

  352. Juice Box says:

    Lib – Doesn’t the county you live in have one lowest vaccination rate for adults 18+. somewhere around 40%? You should be out on the south end of Ridgewood Ave yelling and screaming at all the unvaccinated folks driving into your town. Perhaps a roadblock and a vaccination card check to enter Glen Ridge?

  353. BRT says:

    Sadly, until the world truly locks down and separates and gives up some rights, this thing may never be stopped. These vaccines are not dangerous. This virus is way more dangerous than any of these vaccines. Efficacy aside.

    Locks downs have proven to not do anything other than delay the inevitable infections. You cannot wipe this off the planet. It’s not happening. The only way out of this is for people to eventually get exposure to virus. The vaccines will prevent infection in some, reduce symptoms in others. Overall, they can prevent hospitalization. But unless you allow the virus to enter you system, you are perpetually reliant on a never ending string of booster shots.

    The only way out of this is to convert it to the common cold. There’s no way out without it running through the entire population. We have the tools in place to protect those that are in the at risk cohort. We have monoclonal antibodies, vaccines, and yes, even regiments of antiviral/steroids/supplements that have shown efficacy. Restrictions on anyone else make absolutely zero sense at this point.

  354. Phoenix says:

    Hit piece?
    No, more like being called out on the lies. Even Psaki has disappeared.
    His handlers are afraid to let him speak. It’s a real bad look.

    It’s not like he is the manager of a dollar store, this is the President of the USA.

    “White House insists Biden ‘never shies away from questions’ NINE DAYS after he last faced reporters – then confirms he’s cancelled plans to go to Delaware after today’s Afghanistan speech”

    And Lib,
    We are all going to die. I’ve seen it enough, I have accepted my fate. It’s all good.

  355. Juice Box says:

    We cannot bomb and drone there much anymore… We gave up Bagram airbase last month and skulked away in the middle of the night….

  356. Phoenix says:

    Covid, not Bin Laden, may be what it finally takes to bring down the American Empire.

    Or maybe the combo of both.

    Some are clearly worried about Americas future.

    https://www.jns.org/opinion/the-cost-of-disgrace-is-not-cheap/?fbclid=IwAR32x7jfnlQZt5lDI7hJOXETIm74drVK4Zfbxan2HSvwpuGrDMFujbS8Cho

  357. Phoenix says:

    America likes it’s war and killing. Not so much love and peace. Greed is the grease that lubricates America.

    Watched another Frontline. Weapons of mass destruction that didn’t exist. America makes any excuse to bomb and kill.

    And “pretending” to care about children. What a farce. Go sit for an hour in a family court case. Won’t take you long to figure out what they really care about under the guise of protecting children.

  358. SmallGovConservative says:

    Lib, with all due respect, you’re becoming as delusional and detached from reality as Tony Blinken and the rest of the incompetent Biden admin. You sound more and more like the hysterical and illogical dingbats on The View than a reasonable guy that’s otherwise got his act together…

    “I’m actually surprised the Taliban have been as peaceful as they have…”

    https://www.dailymail.co.uk/news/article-9909327/The-true-face-Taliban-police-chief-fought-insurgents-executed-hail-bullets.html

    As for your dismissal of those who have chosen not to get vaxxed yet, you realize that the vaccines have only been authorized by the FDA for emergency use, right? They have not yet been formally approved. It’s reasonable to think that some percentage of the un-vaxxed will get it once it’s been formally approved, which apparently could be soon. And unlike the liberal know-it-alls like you — and the sophisticated super-spreaders at Oblamas birthday — some of us respect the fact that a person might want to wait for formal approval by the FDA. And as for your personal (and meaningless) opinion that the vaccines are completely safe, the most the CDC will say is that long term side effects are unlikely. So go ahead and vax all you want (I have), but you need to stop shrieking at those who have chosen not to do so yet.

    https://www.cdc.gov/coronavirus/2019-ncov/vaccines/safety/safety-of-vaccines.html#:~:text=Millions%20of%20people%20in%20the,monitoring%20in%20US%20history.

  359. Jim says:

    SmallGovConservative

    Wow, that is some pretty bad stuff, what will the Taliban do next….beheadings,

    That will certainly get every bodies attention. Uncle Joe is in way over his head, thousands of Americans are in real danger right now.

  360. Phoenix says:

    Boomers voted Uncle Joe in.

    They got what they wanted. Who are we to judge?

  361. Hold my beer says:

    3b

    We should have brought out all Americans and all locals who worked for the US or NATO before we bugged out. How can anyone trust us if we abandoned those who helped us in a lost cause.

    On the bright side this hopefully tanks our VP from running as President one day.

    Imagine if 2024 is Desantis vs Harris? Will have to start studying spanish and planning on becoming Libturds neighbor if that happens.

  362. 3b says:

    Hold : Exactly. I fully support us leaving that hell hole. It’s how it was done. We were told we were going from a lunatic Trump, to a calm rational seasoned politician with years of experience including 8 years as VP and supposedly a foreign policy expert, and what we got was chaos and he won’t even take responsibility for it. His George Step interview was disgraceful. Today we have VP Harris off to Vietnam and Singapore to build relationships in Southeast Asia. Really? I wonder what their leaders are thinking after the Afghanistan debacle? And what does Harris know about those 2 countries? Probably little to nothing. I know she is an attorney and former Attorney General of California, but she does not strike me as the sharpest tool in the shed.

  363. 3b says:

    Phoenix: Not just Boomers voted Biden in, lots of Millennials too.

  364. Fast Eddie says:

    …supposedly a foreign policy expert

    It’s a ruse. The man has a 50 year record as a politician who accomplished nothing substantial. He’s a bullshit artist. He’s nothing more than a ball and beer guy that is more suited as a Jersey City councilman from the Greenville section.

  365. Phoenix says:

    3b
    Probably right.

    HMB
    “How can anyone trust us if we abandoned those who helped us in a lost cause.”

    Trust us? This is one morally bankrupt country, and the rest of the world already know it. We extort, leverage, exterminate, manipulate, and so many other “ates” it’s off the scale.
    It’s those in power that are going to send us all to our graves with all of their shenanigans they are doing.

    This won’t be forgotten, and you have just created millions of enemies there that will remember how you lied to them, cost them lives, and are now going to have a pure hatred for America for years to come. Eventually they will penetrate your defenses, like Bin Laden did, and will get you.

    America is a country with a generally good population, very smart individuals, and a really dopey government manipulated by greed and money from corporations.

  366. Phoenix says:

    I know she is an attorney and former Attorney General of California, but she does not strike me as the sharpest tool in the shed.

    I refer you to comments both I and LW have made in the past about those in that profession.

  367. 3b says:

    Even Joe Scarborough is getting nervous and questioning the Democrats, he states, crime in major cities, the major crisis at the southern border ( his words) , and now the chaos in Afghanistan. He says if Democrats want to ignore then fine , but these issues will find them at the mid term elections.

  368. Libturd says:

    Harris is unqualified. Biden is braindead. Pelosi has been running the show since before Obama, though Obama did have some autonomy. I don’t think Biden should be blamed for anything. I’m not sure he is aware of anything. But even so, I still think you are all crazy for worrying so much about our $500 grossing per year allies there.

    “How can anyone trust us if we abandoned those who helped us in a lost cause.”

    Refresh my memory. Didn’t Trump do the exact same thing when he pulled American troops out of Syria, forsaking the Kurds who were guarding European jihadists, and allowing Turkey to invade. Same with the Ukraine. Political hit piece. How quickly everyone forgets. Maybe the Taliban learned from the Kurds, who we fukc at every opportunity.

  369. 3b says:

    Phoenix: I remember, there is just an expectation that as an Attorney she would be better, or at least a good speaker. Having her as President is just as scary as having Trump was. And if the rumors are true, there is no love lost between Harris and Jill Biden; apparently she is Biden’s go to person, not his VP.

  370. 3b says:

    Lib: It was crappy what was done to the Kurds , they have always been screwed first by the Turks then the Brits, which is no surprise, and then with Trump. But what happened in Syria with the Kurds cannot be compared to the debacle in Afghanistan. Biden made a mess of it, you can’t keep bringing Trump into it. Again, I point out a lunatic Trump with no political experience vs the seasoned former VP with 50 years in Washington. That’s the difference and it is a huge difference! I don’t understand how people can give Biden a pass on this.

  371. Phoenix says:

    Harris got pwned by Tulsi Gabbard. One of the best parts of the debates.

    https://youtu.be/Y4fjA0K2EeE?t=238

  372. Phoenix says:

    “I don’t understand how people can give Biden a pass on this.”

    They have the same disease as the hard core Trumpists. It’s just for the other side.

    Both Repub and Dems had much better candidates to choose from.

    This is who the establishment wants in power, never let a good crisis go to waste.

    The whole idea is to keep America unstable so no one organizes and starts dumping Tea in the harbor.

  373. Libturd says:

    3b,

    I’m not so much giving Biden a pass. It IS a fukced up withdrawal and I even give Trump credit for making a pretty good arrangement with a sworn enemy. My issue is three-fold.

    1) We got out. Which is way more than we usually do.
    2) I’m not sure there was a way to make it much more peaceful/fair.
    3) Since when do we care about anyone but ourselves?

    I don’t think Biden’s Admin is getting a pass. But I do think those armchair quarterbacks are being a little unrealistic as to what we could and could not have done there. To the victor goes the spoils. Be careful which side you choose to join. The Taliban knows this well.

  374. The Great Pumpkin says:

    Prime editing, the newest innovation in gene editing, could accelerate functional cures for difficult-to-treat diseases. The increased functionality includes a reverse transcriptase that can write DNA from an RNA template.

    https://twitter.com/aurmanark/status/1428748161368080386?s=21

  375. Libturd says:

    I heard prime editing was discovered in a lab at a researcher’s home.

  376. Phoenix says:

    “Be careful which side you choose to join. The Taliban knows this well.”

    While there is still time to reverse course, at the moment, Washington is giving every indication that it is a declining world power drifting into an incoherent and ineffective stance against Iran’s terrorist threats and nuclear ambitions, as it has done in Afghanistan.

    That leaves Israel and its Arab allies more dependent on each other than ever. And it must force them to think of the necessity of both acting on their own without the United States, as well as to consider reaching out to other powers like Russia and China even though their intentions are far from benevolent and cannot be trusted.

  377. Libturd says:

    Phoenix,

    Isn’t it strange? We are printing and giving money away to American’s who simply fart in the correct direction. Yet there’s no money to help our former allies.

    Seems like as we drift into third world status, we can longer afford to police the world. I blame the Mexican rapists.

  378. Fast Eddie says:

    I blame the Mexican rapists.

    It’s Russian disinformation.

  379. 3b says:

    Lib: I disagree there should have been contingency plans in place for an orderly withdrawal , there was not. One provincial city after another fell to the a Taliban with barely a fight. Many in the military knew the government was going to collapse. We had an airbase in Kandahar with two run ways instead of one like the airport in Kabul. We should have held onto it. There is much more I can post like the difficulty in securing refugee visas , yet people can freely cross the border. I believe a lot of people are blinded by their hatred of Trump, and feel they have to defend Biden, which is pathetic, and perhaps the most damaging legacy of Trump. No Democratic President can be criticized lest it be seen as somehow supportive of Trump. The rapid decline of this country continues

  380. Phoenix says:

    “Seems like as we drift into third world status, we can longer afford to police the world.”

    This is correct.

    But there is money. It’s been centrifuged to the most wealthy. It’s taken many years, but we are finally reaching the point of two distinct groups with no real middle class.

    War is coming. Will it be world war, civil war, I don’t know what will come first. But it ain’t gonna be good and blood will be shed. All for money, power and control.

  381. 3b says:

    Phoenix: The Republican establishment did not want Trump

  382. Phoenix says:

    3b,
    Other countries are helping their people:
    “As Nato allies flounder, British troops are leading by example at Kabul airport
    Our paratroopers are punching well above their weight, determined to reach out to all those at risk of the Taliban’s vengeance.”

    America-yeah, lets use leverage and capitalism. Time to profit:

    State Dept’s Overseas Security Advisory Council said Aug. 14: “Repatriation flights are not free, & passengers will be required to sign a promissory loan agreement & may not be eligible to renew their U.S. passports til the loan is repaid. Cost may be $2,000 or more per person.” https://t.co/K9bb3xtoYE pic.twitter.com/2pPo3n64dJ

    — Jerry Dunleavy (@JerryDunleavy) August 19, 2021

  383. 3b says:

    Phoenix: America just blows!!

  384. Phoenix says:

    Phoenix: The Republican establishment did not want Trump.

    Of course, cause they knew he would be disruptive to their agenda of bleeding Americans dry without them knowing it, like being overwhelmed by hundreds of bedbugs while you sleep.
    Their method is to bleed you out the same way-without you knowing until you are as white as the background on this webpage.

    They have done no more for the middle class than the Dems have. All the same turds. Good cop, bad cop. You get the idea.

  385. 3b says:

    Phoenix: Dems/Repubs flip side of the same coin, bought and paid for. Unfortunately, there are many who believe one party is better then the other; they are not.

  386. Libturd says:

    I begged the Republican establishment to castigate Trump. Now they have been endeared by him.

    But I’m not measuring Biden by Trump marks. I HONESTLY don’t think it could have been done any other way. The Taliban were not going to make this easy on us. We had to give them the world to get out relatively unsc@thed. Which is why I’m surprised the violence has been so nuanced. The Taliban weren’t giving us anything but an easy exit. They gave us safe usage of an airport to leave. That’s a pretty good deal. They knew they were back in 100% control the moment Trump said we wanted out. No amount of bombing or missiles would have changed this. Of course, we could spend another trillion or two to maintain an unnecessary airbase as airbases are becoming less and less necessary anyhow. Heck, warring harly occurs anymore except when we manufacture a reason for one.

  387. Libturd says:

    3b,

    They are all in it to enrich themselves. You are only voting for the social policies that each parties crooks sell you to keep their team in power. Right now, I’m leaning pretty far left because the right are straight up off their rockers policy-wise and behaviorally. Worse, the left gets to blunder their way with immunity as long as the right keeps endorsing populists like DeSantis, who my parents are cursing daily now.

  388. Phoenix says:

    The end goal is to eliminate the middle class and be just like China, etc. They will robot you out of your job, drown you in debt in your stupid overpriced wooden box you call home, and AI every little bit of humanity you have left in you. Every place you walk, drive or look at will be monitored. Your stupid WFH will demand you have a camera under the rim of your toilet seat to make sure you are not wasting time but that fecal matter is actually falling into the bowl.

    We are well on our way to getting there. But don’t worry Boomer, you should be okay.

    Even if you survive Covid, there is a plot with a marker with your name on it that you most likely will be in before the collapse.

    Or maybe not.

    The frogs are in the pot and it is heating up like a sous vide meal.

    “To serve man, it’s a cookbook!!

  389. Phoenix says:

    “I begged the Republican establishment to castigate Trump. Now they have been endeared by him.”

    Well, what have the rest of the “Republican Establishment” done for the middle class worker?
    I’ll tell you. Nothing. That’s what they have done. The “regular joe” has been screwed over more times by them and the democrats than a drill on display at Home Depot.

    Trump gave them some hope (they were lied to) about bringing jobs back to America.

    I don’t blame them one bit for voting for him. It’s not wrong to want to be a patriot, to have a decent job and a normal life. America has taken that away from the people here that salute the flag. It’s a disgrace is what it is, a corporate run government.

  390. 3b says:

    Lib: You and I disagree on the Afghan withdrawal, and that’s fine. As for the airbase I was not advocating paying for it, simply keeping it in the event we needed to get planes in to get people out.

  391. Libturd says:

    I gotcha. They were not going to give us free passage forever. I think they know that the moment we fire shots, the deal is off. Biden should have had a better exit plan. I agree. But let’s see when the Taliban closes the gate before we impeach him.

  392. 3b says:

    Phoenix: Camera under the toilet seat is extreme. WFH don’t work from home, in the end won’t matter AI and robots will replace thousands of jobs in all professions. As for the Boomers don’t think you can blame them for this, it’s the young geniuses who are developing these people replacements technologies. In the end everyone has a plot with a marker on it , it is what it is.

  393. Phoenix says:

    After what I have watched unfold on the news, it surprises me that anyone (other than someone who has their hearts set on a career in law enforcement) would even consider joining the American military.

    You lose your legs, your wife sends you a Dear John letter, all sorts of wars, raids and skirmishes that end up being worthless, only to get this:

    https://alaforveterans.wordpress.com/2020/07/06/diy-make-plastic-sleeping-mats-for-homeless-veterans-2/

    Geez you cheeeaaaapppp bazturds. And I made that long cause that is what you are. Please tax us instead of making veterans beg for what they need and deserve. It’s just wrong to have someone serve their country, then have a group of hoidy-toidy women spend an afternoon sipping wine and making you a blanket of meat juiced old grocery bags thinking somehow this is appropriate, or better yet, altruistic.

  394. JCer says:

    The full anti-science crowd is out in force, if you were infected and COVID was non-life threatening to you, there are literally no reasons to get vaxxed, I’m sorry Grim and Lib but these folks have literally no risk because their natural immunity is better than the vaccine and because they likely do not have the genetic pre-disposition to extreme immune response which is what is killing healthy people under age 60. So there is no reason to hand out little cards and make all these rules, we have to learn to live with the virus. We can take precautions, we can take vaccinations but these draconian ideas that we can prevent it or change the spread characteristics are silly. Until they reformulate with the latest variant I’m not taking another jab, it’s an exercise in futility if we redid the trials against the latest variants the conclusion on effectiveness would be totally different. The same morons who don’t want to try things that actually work because there is no data are promoting using vaccines when there is no data to prove it is beneficial(or detrimental).

    I will say it again there is an arthritis drug from the 1960’s, indomethacin, we’ve known for 30 years it prevents virus replication, we know it is effective against other corona viruses more effective than convalescent plasma in canine tests. We know they tested it in India on immunocompromised transplant patients who got covid. People with no immune systems all survived only 1 or 2 were hospitalized. This drug has an incredibly safe profile why are we not using it, because it’s cheap and no one can make money on it. If public safety was the concern we’d be trying this and collecting data on the cohort, making on the fly decisions, instead we let people die. They did the same with steroids until doctors pushed the issue and they were forced to concede it was effective treatment.

  395. Phoenix says:

    “Camera under the toilet seat is extreme.”

    Don’t underestimate your masters. Software that watches your eye movements, when the last time you hit a key, etc.

    Nothing they like better than looking at some graph of your work performance in real time monitoring you like a freaking lab rat. And when they have too many to watch, AI will take over and pick off the low hanging fruit.

    Have a friend, trucker guy. Went to work at one of these modern companies that shall remain unnamed. Brand new truck, sleeper cab, all the amenities a trucker could want. Great salary. Off he went. End of the day returned it and quit. They asked him why. He told them ” I’m not driving a truck that has 3 cameras pointed at me all day.”

  396. Fast Eddie says:

    Right now, I’m leaning pretty far left because the right are straight up off their rockers policy-wise and behaviorally.

    Riot, vandalize, bully opponents into silence, defund the police, abolish the Electoral College, universal income for all, genderless identities, racial quotas, abolish immigration enforcement, restructure the Constitution and endorse the “transformation” of America.

    Yes, it’s the right that are off their rockers.

  397. 3b says:

    T Mobile hacked, 54 million customers.

  398. Phoenix says:

    3b,
    For the FIFTH time.

    They need to outsource their security to the eight year old kids of North Korea.

  399. Chicago says:

    Really dark in here today. How about taking off early and grabbing a drink on a summer Friday?

    Nothing matters until kids go back to school and the market shows it’s true color post-Jackson Hole and when everyone gets back from the beach.

    We will have many more answers by Sept 15th or so.

    That said Biden is really starting to rack up a bunch of missteps.

    He has coasted the way W did from inauguration to Sept 11. Remember back how stunned everyone was when W took the entire month of August off for vacation in Texas in 2001?

  400. Phoenix says:

    America invents the ARPANET.

    The rest of the world schools them on their own invention.

    This country has a bad habit of underestimating it’s enemies.

    Stop watching WW2 films already and that Top Gun crap.

    Next time just might be different.

    Don’t get caught with your pants down like a peeping Tom…

  401. Phoenix says:

    Chi,
    An uplifting tune from Mr Mercedes.
    https://youtu.be/OCNgC2cSXzc

    The wind turns like a dagger, the rain falls like a hammer
    The sky has grown dark but it’s not too late
    The weather crashes down, what’s lost cannot be found
    The night is closing but it’s not too late

    It’s not too late, it’s not too late
    It’s not too late, it’s not too late
    The atmosphere is lethal but I will fear no evil

    The ocean rolls like thunder, the tempest pulls us under
    The dogs are howling but it’s not too late
    As broken structures rust, false idols turn to dust
    All lies in ashes but it’s not too late

    It’s not too late, it’s not too late
    It’s not too late, it’s not too late
    The atmosphere is lethal but I will fear no evil

    In the dark before the dawn, the echo of the siren song
    Dies away like a ghost, as the day breaks

    It’s not too late, it’s not too late
    It’s not too late, it’s not too late
    The atmosphere is lethal but I will fear no evil

  402. BRT says:

    The “believe in science” crowd is on a mission to castigate anyone claiming that immunity from prior infection exists, despite all the data we have pointing to a long lasting immunity an extremely low rate of reinfection. The CDC and WHO are both peddling the same nonsense. In short, they are outright lying and they know it.

  403. Phoenixs says:

    You know your country has lost all humanity when your veterans are homeless and at the same time some bald headed geek is riding into space in a phallic shaped rocket with a phallic shaped corporate logo with money made from using child labor in China.

  404. Libturd says:

    JCer,

    I’ll give you no need to vaccinate those with the antibodies. I’m not stupid. But honestly, that covers like what, 20% of the population? I can only imagine how bad the 2nd round would have been last year without the vaccine.

    Now that we know that at least Pfizer is somewhat ineffective against Delta, then get your booster with something else. Even with our draconian mandates, too many people don’t listen. I can only imagine how bad it would have been without the vaccines. I don’t want to find out. Especially since it appears, by and large, the other vaccines mainly keep you out of the hospitals.

    This round is going to get very ugly in the hospital.

  405. Phoenix says:

    “This round is going to get very ugly in the hospital.”

    Those who WFH aren’t going to see it.

    Except on the news. And 1/2 will think it’s propaganda.

  406. Libturd says:

    Phoenix,

    You are nuts. And I like it that way.

    Chi,

    Yes, I’m stirring myself a bloody mary right now and just finished steaming a pastrami from RestDepot which we’ll all devour with horseradish and kraut for dinner. Life is great. Also, next week looks like an Intex pool week.

  407. Phoenix says:

    “FBI has found SCANT evidence the Capitol riot was an organized plot to overturn the election and does not believe it was centrally coordinated by Trump supporters or far-right groups, agents say – despite Democrat claims it was a COUP”

    Of course.
    If it was coordinated and was a real coup, it would have succeeded.

    Instead it was a frat party gone bad. Cops showed up and blood was shed.

    Everyone going to be prosecuted, many should not, many are real patriots who just want a better America. But those in power will make an example of you anyway.

    What is disconcerting is how close to being successful had they really gone after these individuals vs just making a statement.

  408. Phoenix says:

    A bit of Bezos humor.
    https://youtu.be/vTyeZjo7n_M

  409. Phoenix says:

    3b,
    Washington Post today posted an article for us. They didn’t mention the toilet seat camera, however.

    https://www.washingtonpost.com/technology/2021/08/20/work-from-home-computer-monitoring/

  410. Ex says:

    4:39 tell me you get all of your news from the Daily Mail……

  411. Phoenix says:

    Ex,
    Some, not all. NYT, WP, etc.
    What you referenced, yes.
    And just because it’s a tabloid type paper most things in there are accurate.

    If you look at the post above, it was WP. So no, I look at many different sources.
    But for the one that you referenced-a couple more. Feel free to find more.

    https://www.independent.co.uk/news/world/americas/crime/capitol-riot-attack-fbi-evidence-b1906060.html

    https://www.reuters.com/world/us/exclusive-fbi-finds-scant-evidence-us-capitol-attack-was-coordinated-sources-2021-08-20/

  412. Hold my beer says:

    First week of school. Got first covid notification that a student or staff member at your child’s school has tested positive.

    I suspect Texas will peak mid to end of September . 45.6% fully vaccinated and another 8-9% partially. By end of September we will be at probably 55% fully vat and another 5-10% partially. Plus the Texas Education Agency has decided to overrule Abbott’s mask mandate and allow schools to put in mask mandates.

    And then the northern states will get the covid surge.

  413. 3b says:

    Phoenix: They can do that on computers in the office too. Just because one is in the office does not mean they are working.

  414. Phoenix says:

    3b

    Not my circus, not my monkeys. I’m not against WFH.

    But to me that kind of thing would feel invasive in my humble abode.

    The money saved traveling would offset it I guess.

  415. 3b says:

    Phoenix: No worries. I agree I would find it invasive. Some companies will use it, others won’t. At the end of the day, either you are getting the work done in an accurate and timely fashion, or you are not , cameras or no cameras.

  416. The Great Pumpkin says:

    U.S. short-term rental occupancy hit an ATH of 70.2% in June, up 20% from June 2019. We could realistically hit 75% occupancy this month.

    Long $ABNB

    https://twitter.com/max_damore/status/1418996520330797056?s=21

  417. The Great Pumpkin says:

    .@ARKInvest couldn’t agree more, and AI training costs are dropping at a mind-blowing rate of 68% per year, according to @summerlinARK !

    https://twitter.com/cathiedwood/status/1428854732106383362?s=21

  418. The Great Pumpkin says:

    Real good thread.

    “My take: AI is likely advancing far faster than most people realize. And Tesla appears to be the leader when it comes to real-world AI.

    The visual perception stack and training pipeline are extensible to many use cases beyond FSD (Tesla Bot?), and the data advantages are real.”

    https://twitter.com/summerlinark/status/1428825318542909441?s=10

  419. The Great Pumpkin says:

    This is getting to invest in game changing companies…what an opportunity. What a time to be alive. Open your eyes.

  420. The Great Pumpkin says:

    Remember when Amazon was a book store…well this is tesla, but on a much larger level to feed the investment needed for this massive of an undertaking on A.I.

  421. JCer says:

    I’m not anti-vax, I took the vax as did all the adults in my family. But I can understand the other position, my daughters tutor(a NYC public school teacher) refuses to get vax’d but he had covid very early in the outbreak and it wasn’t severe in his case. His risk from Covid as a healthy 30 yr old man who had covid and recovered is infinitesimal. I’d suggest adults and older adolescents who have not been infected should get the vaccine, based on the data I’d get something other than Pfizer as it seems to be the least effective against the current strain. As for a booster, when they release one targeting the latest strain so it’s 90%+ effective I’ll be interested but not to roll the dice that taking the vaccine again will somehow help.

    At home monitoring is about as effective as all the metric tracking these companies do it still cannot make the distinction between those spinning their wheels vs. actually making progress. I can see lots of movement but no progress often. I once had a senior manager tell me they got rid of someone because they couldn’t understand what he was doing. I knew this persons was vital to making progress but so be it. Better to focus on what matters rather than looking at all this nonsense makes more sense.

  422. The Great Pumpkin says:

    Pfizer Covid-19 Vaccine Expected to Get Full FDA Approval Next Week
    Full authorization could lead to more employers requiring vaccinations

    https://apple.news/Aqr9BEKMRTbCyS4BdCNYmiw

  423. Fabius Maximus says:

    Here cons the fun part.

    Most private insurers are no longer waiving cost-sharing for Covid-19 treatment, which means people seeking hospital care (who overwhelmingly are unvaccinated) will be required to pay.

  424. Libturd says:

    Sadly, you’ll still pay for it because it’s mostly bass ackwards fools who will choose to not vaccinate. Those who are too dumb to make the easy choice are most likely too dumb to have a penny in their pocket. Cancel me all you want, you all know it’s the truth.

  425. Ex says:

    5:44 pick and choose when you decide to trust the gubmint.
    We all saw it go down on live TV.

  426. Ex says:

    7:18 not getting the jab, especially when you work with the public is irresponsible.

  427. grim says:

    How many dangerous new variants are the vaccines currently stopping (that we’ll never hear about)?

  428. Grim says:

    Whoa, this is the first public school student mandate?

    https://www.amny.com/education/vax-mandate-high-risk-sports/

  429. Phoenix says:

    Abbott and Costello on vaccine
    Bud: ‘You can’t come in here!’
    Lou: ‘Why not?’
    Bud: ‘Well because you’re unvaccinated.’
    Lou: ‘But I’m not sick.’
    Bud: ‘It doesn’t matter.’
    Lou: ‘Well, why does that guy get to go in?’
    Bud: ‘Because he’s vaccinated.’
    Lou: ‘But he’s sick!’
    Bud: ‘It’s alright. Everyone in here is vaccinated.’
    Lou: ‘Wait a minute. Are you saying everyone in there is vaccinated?’
    Bud: ‘Yes.’
    Lou: ‘So then why can’t I go in there if everyone is vaccinated?’
    Bud: ‘Because you’ll make them sick.’
    Lou: ‘How will I make them sick if I’m NOT sick and they’re vaccinated.’
    Bud: ‘Because you’re unvaccinated.’
    Lou: ‘But they’re vaccinated.’
    Bud: ‘But they can still get sick.’
    Lou: ‘So what the heck does the vaccine do?’
    Bud: ‘It vaccinates.’
    Lou: ‘So vaccinated people can’t spread covid?’
    Bud: ‘Oh no. They can spread covid just as easily as an unvaccinated person.’
    Lou: ‘I don’t even know what I’m saying anymore. Look. I’m not sick.
    Bud: ‘Ok.’
    Lou: ‘And the guy you let in IS sick.’
    Bud: ‘That’s right.’
    Lou: ‘And everybody in there can still get sick even though they’re vaccinated.’
    Bud: ‘Certainly.’
    Lou: ‘So why can’t I go in again?’
    Bud: ‘Because you’re unvaccinated.’
    Lou: ‘I’m not asking who’s vaccinated or not!’
    Bud: ‘I’m just telling you how it is.’
    Lou: ‘Nevermind. I’ll just put on my mask.’
    Bud: ‘That’s fine.’
    Lou: ‘Now I can go in?’
    Bud: ‘Absolutely not?’
    Lou: ‘But I have a mask!’
    Bud: ‘Doesn’t matter.’
    Lou: ‘I was able to come in here yesterday with a mask.’
    Bud: ‘I know.’
    Lou: So why can’t I come in here today with a mask? ….If you say ‘because I’m unvaccinated’ again, I’ll break your arm.’
    Bud: ‘Take it easy buddy.’
    Lou: ‘So the mask is no good anymore.’
    Bud: ‘No, it’s still good.’
    Lou: ‘But I can’t come in?’
    Bud: ‘Correct.’
    Lou: ‘Why not?’
    Bud: ‘Because you’re unvaccinated.’
    Lou: ‘But the mask prevents the germs from getting out.’
    Bud: ‘Yes, but people can still catch your germs.’
    Lou: ‘But they’re all vaccinated.’
    Bud: ‘Yes, but they can still get sick.’
    Lou: ‘But I’m not sick!!’
    Bud: ‘You can still get them sick.’
    Lou: ‘So then masks don’t work!’
    Bud: ‘Masks work quite well.’
    Lou: ‘So how in the heck can I get vaccinated people sick if I’m not sick and masks work?’
    Bud: ‘Because your unvaccinated and this is all your fault. And to answer your question…just by breathing.’
    And…scene…

  430. BRT says:

    My cousin was hospitalized from his 1st shot. Should he get his 2nd?

  431. Phoenix says:

    If I were the Taliban I would be negotiating access of these weapons to the highest bidder of the Chinese or Russia. I’m sure they would love to disassemble this weaponry and re-create/find it’s weaknesses.

    https://www.washingtonpost.com/world/2021/08/20/us-weapons-taliban-afghanistan/

  432. Phoenix says:

    BRT,
    He should ask his physician. Without a chart to look at not enough information to make a determination.

  433. Phoenix says:

    Here comes the fun part.–

    No, here comes the fun part:

    Medicare pays for Covid-19 treatment, which means people seeking hospital care (who overwhelmingly are unvaccinated) get nearly free medical care, unlike the rest of us who pay the full nut for ours.

  434. Juice Box says:

    RUTROH – no showers in florida.

    (CNN)Orlando Mayor Buddy Dyer is asking residents to conserve water because liquid oxygen, used to treat the community’s water supply, is needed to treat the surge of Covid-19 patients in the community.

    “Nationally, the demand for liquid oxygen is extremely high as the priority for its use is to save lives,” the mayor said in a Facebook post on Friday.
    To reduce demand, the Orlando Utilities Commission (OUC) asked customers to immediately limit watering their lawns and landscapes, take short showers, repair leaking faucets and toilets, stop washing their vehicles and performing “non-critical activities” like pressure washing, the municipal utility said in a notice.

    OUC said it is “difficult to determine” how long shortages of liquid oxygen will last, “because it is tied to the number of COVID-19 patients being treated in hospitals with oxygen.” When those hospitalizations decline, the liquid oxygen supply will likely increase, according to the utility company

  435. Phoenix says:

    Something extraordinary happened last Saturday at the frigid high point of the Greenland ice sheet, two miles in the sky and more than 500 miles above the Arctic Circle: It rained for the first time.

    The rain at a research station — not just a few drops or a drizzle but a stream for several hours, as temperatures rose slightly above freezing — is yet another troubling sign of a changing Arctic, which is warming faster than any other region on the planet.

    “It’s incredible, because it does write a new chapter in the book of Greenland,” said Marco Tedesco, a researcher at Lamont-Doherty Earth Observatory of Columbia University. “This is really new.”

  436. Juice box says:

    Lib – you did not respond to my post about Essex County vaccination rates. Do you support a travel embargo for the unvaccinated or not? It was a fair question.

  437. Juice box says:

    Anecdotal – collapse is imminent…or not. Drove the jersey shore from Asbury north….peak is HERE, the empty condos are everywhere….going short folks been there and done it, F-U all njrereport….

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