Interesting piece from VOX:
What we talk about when we talk about gentrification
In his 2019 paper “Hoboken Is Burning: Yuppies, Arson, and Displacement in the Postindustrial City,” Princeton historian Dylan Gottlieb documented the violent displacement Puerto Rican residents faced between 1978 and 1983 as the city of Hoboken, New Jersey, gentrified. As thousands of young professionals flooded into Hoboken, the potential sale or rent price for converted units rose precipitously, and “property owners faced powerful incentives to displace low-income tenants.”
As a result, “nearly five hundred fires ripped through tenements and rooming houses in the square-mile city,” Gottlieb writes. “Most [displaced residents] never returned to Hoboken. Nearly every fire, investigators determined, had been the result of arson.” In sum, 55 people died and over 8,000 were made homeless.
Today, this sort of violent displacement is not what most people mean when they talk about gentrification. But what, exactly, they’re talking about is less clear, and the muddled debate often produces muddled policy goals.
From CNBC:
Dr. Gottlieb says Northeast has yet to see ‘true delta wave,’ expects another Covid case spike
Dr. Scott Gottlieb on Friday predicted Northeastern states, including New York and Connecticut, will experience another jump in Covid cases tied to the highly transmissible delta variant.
“I think there’s sort of a perception that we’re sort of through this delta wave here in the Northeast because we’ve seen delta cases go up and go down in places like the New York metropolitan region. We’re also seeing [test] positive come down,” the former Food and Drug Administration commissioner said on CNBC’s “Squawk Box.”
“I don’t think that that was the true delta wave. I think that that was a delta warning. I think our true delta wave is going to start to build after Labor Day here in the Northeast and the northern part of the country,” added Gottlieb, who now serves on the board of Covid vaccine maker Pfizer.
The Covid delta variant hit the American South earlier than other parts of the country, and now the summer infection surge there has clearly peaked, Gottlieb said. But in the Northeast, Gottlieb said he believes Labor Day weekend gatherings and kids returning to school will serve as “incubators for spread.”
Not sure I buy this.
Delta has been fairly prevalent here more than 8 weeks, the dominant strain for well over a month. There is little doubt that the spike we’re in is due to delta. Given we’ve already seen what seems like broad community spread of delta, and have seen our own muted peak, seems like a fairly odd prediction to make.
Also consider the fact that the northeast has undoubtedly seen the widest spread of covid and therefore the highest rates of natural immunity, in addition the highest vaccinated region of the country (and combinations thereof). Now layer in widespread adoption of masking and social distancing.
Delta already had the opportunity to blow up. Even across NW NJ, with some of the lowest vax rates and lowest history of cases, we didn’t see much of anything come out of the big Sussex County Fair, which was fairly well attended.
Schumer and Murphy saying we must pass the infrastructure bill to stop future storms like Ida. Let me know when China and India are practicing the same regulations as the U.S. to combat global warming.
Becoming very difficult to blame the early COVID-19 deaths on NY/NJ governors, especially considering we now have vaccines and intelligence around treatment. Still, the Southern US is on track to overtake the northeast for the deadliest part of the country.
Covid Deaths per 100k
#2 – Mississippi
#4 – Louisiana
#7 – Arizona
#8 – Alabama
#11 – Arkansas
#13 – Georgia (+3)
#16 – Florida (+4)
#18 – Nevada
#20 – South Carolina
#23 – Texas (+2)
#25 – Tennessee (-1)
Becoming very difficult to blame the early COVID-19 deaths on NY/NJ governors, especially considering we now have vaccines and intelligence around treatment. Still, the Southern US is on track to overtake the northeast for the deadliest part of the country.
That doesn’t absolve the Northeast governors. How does the fact that these states filled with obese antivaxxers taking a year to catch up to our numbers absolve them from stupid decisions? They are entirely unrelated.
Every nursing home patient stays their an average of 4 months prior to death. Most of them were likely on their way out. Had Murphy, Cuomo, etc…not done what they did, our numbers would be cut in half as they would have died from natural causes. It took a almost a year for them even to sniff the numbers we had by May of last year. There’s no excuse. We had a 3 week delay relative to Italy/Spain, a younger population, and we still tripled their death rate at the time. Their performance was awful.
“Action on Climate Change Is Urged by Medical Journals in Unprecedented Plea”
“Rising temperature and other manifesta-tions of climate change have brought higher rates of heart and lung ailments and infectious diseases, as well as of injuries and premature deaths tied to extreme weather, according to the U.S. Centers for Disease Control and Prevention. In 2015, for example, extreme heat was blamed for the deaths of nearly 3,300 people in France, according to the Brussels-based Centre for Research on the Epidemiology of Disasters.
Climate change also takes a toll on mental health. Heat waves, floods and other extreme weather events—which research shows have become more common as a result of climate change—can cause anxiety and depression, according to the American Psychiatric Association. A 2019 study published in Nature Climate Change linked increased temperatures to a rise in suicides.”
https://www.wsj.com/articles/action-on-climate-change-is-urged-by-medical-journals-in-unprecedented-plea-11630886402?st=b7v272mbvhqhsgn&reflink=article_copyURL_share
“I had to justify…”
“Open your eyes.”
My eyes are wide open. Are yours?
[I am sure this comment will sail far above your head. As usual.]
“My recommendation is ark funds. Don’t have to be a genius, don’t have to do anything special. We are just at the right time and place to follow the smartest person in the room in a time of extreme growth due to major disruption.”
Why in the world would we take advice regarding the identity of the ‘smartest person in the room’ from the dumbest person in the room?
“ARK Invest’s Cathie Wood on Thursday defended her innovation-focused strategies in the wake of investors betting against her funds.”
The quote you posted is from a week[s] old interview and you posted it back then…I recall commenting on it at the time.
It’s nighttime Pumps, instead of hijacking the forum from 8pm on every night just put a poster of CW on ceiling, keep yanking your wank to her, and leave us alone.
Everything marinated, butts on since last night, ribs and rest on in a bit.
Good day to all!
The “highly transmissible” narrative was made up to scare people into getting deeply flawed vaccines. Delta is no more dangerous than whatever covid variant was predominant earlier.
It’s no coincidence that Pfizer was approved for a booster. Apparently it is prone to waning very quickly.
To comment on arson in Hoboken, we should look at why landlords resorted to arson in the first place. The reason was tenant protections and rent control laws. These things are an impediment to urban redevelopment and despite the good intentions make everyone worse off. The landlords all realized they were sitting on a lot of money and the only way to get it out was to destroy the property, the tenants could not be evicted for any reason and the rent couldn’t be raised significantly. Your choice was pay the tenants to leave or pay Vito for a little bit of lightning. Not ethical and dangerous for sure but Hoboken is better as a viable city rather than the ghetto it was.
Delta fear mongering literally scared all the elementary parents back into their homes all summer. Meanwhile, high school parents stopped caring a long time ago.
Breaking News: Michael K. Williams, the actor best known for his role as Omar Little in “The Wire,” was found dead in his home, the police said. He was 54.
One of the greatest TV characters of all time. Guy was a terrific actor. May he RIP.
Over the course of their working lives, American college graduates earn more than a million dollars beyond those with only a high-school diploma, and a university diploma is required for many jobs as well as most professions, technical work and positions of influence.
Yet skyrocketing education costs have made college more risky today than for past generations, potentially saddling graduates in lower-paying careers—as well as those who drop out—with student loans they can’t repay.
Social science researchers cite distractions and obstacles to education that weigh more on boys and young men, including videogames, pornography, increased fatherlessness and cases of overdiagnosis of boyhood restlessness and related medications.
Men in interviews around the U.S. said they quit school or didn’t enroll because they didn’t see enough value in a college degree for all the effort and expense required to earn one. Many said they wanted to make money after high school.
https://apple.news/ALPmKFcGbR6i57q659Ac6hg
Anyone been to any really good restaurants lately?
Corey Davis…best value in fantasy drafts.
JCer,
I am against rent control. My family owned apartment buildings throughout urban North Jersey. Most properties were rent controlled. We prospered. Rent control didn’t cause landlords to set fire to their Hoboken properties, greed and moral bankruptcy caused those antisocial acts. Your attempt to justify such despicable acts is disgraceful.
The “highly transmissible” narrative was made up to scare people into getting deeply flawed vaccines. Delta is no more dangerous than whatever covid variant was predominant earlier.
Only thing deeply flawed is your logic. This is pure nonsense. Possibly worse than Rolling Stone’s failure to even pick up the phone and call the hospital before printing their bs hit piece.
https://www.zerohedge.com/covid-19/rolling-stone-horse-dewormer-hit-piece-debunked-after-hospital-says-no-ivermectin
Not really, there are no studies to prove that delta can evade an immune response vis a vis another variant. Or that it’s more transmissible. It’s speculation.
Recommending a booster that lacks effectiveness makes no sense. Neither does a mutation that is both more transmissible and more deadly.
Delta is just another bogeyman.
I’m sorry, you are saying the marked increase of transmissibility of delta vs the original wuhan strain and alpha is speculation?
Yes, and would I expect someone from the Pfizer board to say differently? I would not.
“Rent control didn’t cause landlords to set fire to their Hoboken properties, greed and moral bankruptcy caused those antisocial acts. Your attempt to justify such despicable acts is disgraceful.”
Depends. If rent control were in place when one purchased the building then yes…the purchaser knew the terms of ownership and committed horrible acts outside the social (and legal) contract to benefit himself to the detriment of another.
If not….the morally bankrupt and socially despicable act is the government forcibly taking property that belongs to one and giving it without recompense to another.
And since we are playing “Despicable or Not”….more headlines around this one over the weekend. Flyover country justice.
https://www.nytimes.com/2021/06/23/us/murdaugh-murder-south-carolina.html
All respiratory RNA viruses evolve to become more transmissible and less deadly. Although, part of becoming more transmissible was finding a spot where it’s more virulent early on, and delta appears to have found that. What most studies seem to indicate is that delta is able to generate enough of an infection that the mRNA developed antibody response is not quick enough to prevent infection, but still reduces the infection since your body has the blueprint for the spike.
Third boosters make little sense outside of the at risk population. The goal should be to obtain natural immunity and the only way that happens is actually getting exposure to the virus while vaccinated. Israel’s data clearly shows, vaccination isn’t enough to prevent waves of positives tests. Mask mandates, social distancing, and lockdown measures just delay the inevitable.
For the at risk population, we should be giving them a 3rd jab, monoclonal antibodies as a preventative measure, and maybe even a supplementation regiment of vitamin d.
We can all play epidemiologist (self-certified).
These new mRNAs vaccines have proven remarkably safe, some mild side effects but serious ones are super rare. There’s nothing credible to debate about whether benefits of mRNAs vaccines outweigh risks. They do…The avalanche of data says so.
However these vaccines have been proven to be too good to be true in some cases. Did the politicians jump the gun too soon? Delta wave was just beginning when the politicians all said in unison that we no longer needed to wear masks if we were fully vaccinated. This is from the top down starting with Joe Biden taking of his mask (and taking credit) for the vaccines success.
There’s been a proven decay however in the performance of the vaccines over time. Cite the Israeli study, they are saying 3rd shot and they are now prepping for a fourth shot too. Protection for the vaccinated against symptomatic infection is proven much lower, ~55-80% (vs. original >95%), maybe a bit lower for Pfizer’s vaccine over Moderna.
Protection against SEVERE!! infection has also decayed, though not as much, fewer hospitalizations etc for the fully vaccinated from somewhere >99% to now a range of 70-90%.
Devil is in the data. It’s really hard to be sure whether vaccine performance is due to a more infectious Delta, or behavioral change of not wearing masks and distancing, warmer weather etc. With Delta being more infections the cheap cloth masks we wear may just not be enough in an indoor setting.
Strong evidence clearly points to declining mRNA vaccine performance, we are seeing more breakthroughs, however mostly elderly people and they were vaccinated first so the time decay is a factor here. At this point they are studying the modified reformulated vaccines for the dominant strain Delta. They only had to modify a handful of amino acids in the reformulation. Initial trials are underway. By the time they roll out the third shot it may even be time for the reformulated vaccine instead, there is sure to be a debate over which shot to get just like the competing vaccine out there today.
I am for the reformulation now perhaps an annual dose like the Flu vaccine. This virus like the Flu is now endemic, and life will go on just perhaps without some of the unvaccinated around to enjoy it.
With Delta being more infections the cheap cloth masks we wear may just not be enough in an indoor setting.
Cloth masks were never enough for anything, and all medical professionals knew that from the get go. Masking became a religion that everyone wanted to believe works. It would always be funny to hear the logic as to why a neck gaiter didn’t work from them, but somehow that logic didn’t apply to their flimsy cloth mask.
That’s fine juice but it’s time to stop the fear mongering and distortions in order to enact de facto mandates.
There are risks and reservations to the vaccines and there are risks to COVID. Each can be pretty well calculated.
It’s also time to call the health policy establishment for what it is. A lobbying front group for profit driven companies. They want the policies shipped to maximize their own benefit not societies.
It’s also time to call the health policy establishment for what it is. A lobbying front group for profit driven companies. They want the policies shipped to maximize their own benefit not societies.
The first thing I thought about after reading this was the damage the democrats will do with a $3.5 trillion dollar “infrastructure” package.
Funny, how local and state governments can mandate rent controls on the private sector, but aren’t willing to adopt underlying tax controls, which is an identical concept.
Consider in an area like NJ, where property tax represents a sizable portion of the underlying cost of a rental unit. For some landlords, it represents the most significant underlying cost.
Ironic that the local governments already control what is likely the single largest driver of rent prices, yet can’t manage it in a way that keeps rents low and consistent.
Let’s start talking about property tax freezes for rent controlled buildings.
It’s also time to call the health policy establishment for what it is. A lobbying front group for profit driven companies. They want the policies shipped to maximize their own benefit not societies.
Right, this is exactly why we need socialized healthcare.
re: vaccine mandates.. Setting aside the profit motive there are plenty of reasons to get the vaccine. The problem is there are too many vaccine hesitant people who are arguing with real science, there was a bul*lsh*it story about a Rutgers student who cannot register for classes because he was not vaccinated. His argument is it’s between him and his doctor and he won’t be on campus. Yes well he will be out and about you can bet, a young 22 yr old going to the gym and headed out to the clubs or socializing. There was no quote from his doctor in the story. I highly doubt his doctor said he did not need the vaccine because he was young and in shape.
The debate over individual liberty and the health of the entire herd is not a new one. It will go on for eternity, you need to get the vaccine to protect the herd, if you don’t well you don’t get to leave your home. Simple no? It wasn’t always so simple when there was no vaccine.
My dear old mom told me about the days when diphtheria was around. When someone got it the whole family was quarantined in their home where eventually everyone in the family got sick. There was no vaccine or even treatments back then, if you made it out alive then great. It killed up to 10% of people who got infected back then mostly children. Now you never hear about it because well everyone gets the vaccine which prevents infection, it was once was the leading cause of premature death of children.
I could imagine there was no Diptheria vaccine today for kids to get. Instead of your town having perhaps 1000 kids in the school system there would only be 900. Instead of the twins down the block there would be an only child. Instead of the Miller family having 5 children there would be only three and so on an so forth.
Every unvaccinated person that ends up in the hospital raises the cost I need to pay for healthcare. This is a completely avoidable cost.
I want unvaccinated people to stop spending my money to support their idiotic behavior.
In this light, vaccine mandates make perfect sense. As a fiscal conservative, vaccines make perfect sense from a public health perspective, as they ensure financially effective use of limited health resources.
Moderna vaccine cost is $15 a dose, so $30 a course.
The 1,100 current hospitalized patients in NJ will cost around $33 million dollars. The total bill for NJ, to date, is about $1.9 billion in hospitalization costs for covid.
Just the current hospitalized covid cases are the equivalent of 1.1 million vaccine doses. In total, about 64 million doses equivalent.
So which side of the healthcare industrial complex is calling the shots here? The insurers, the healthcare providers, or the drug manufacturers?
“Initial trials are underway. By the time they roll out the third shot it may even be time for the reformulated vaccine instead…”
Possibly. Even with the relative ease of formulation I doubt we are set up currently to compress the time frame from identification, regulatory clearance, production, distribution and ultimately administering before a newly identified strain becomes dominant…Either need changes to compress the timeline of that entire channel or you go full on flu vaccine and make a soup of ‘most likely’ strains…I don’t know enough of the science to know if that is even possible under current dosing regimens.
“Right, this is exactly why we need socialized healthcare.”
I think you forgot the little /s thingy……
It’s back to the driving with bubble wrap and banning junk food debate. Why wouldn’t we in that case ban overweight people from fast food establishments and fine them daily until they bring down their BMI? We’re all paying for their overconsumption.
I think we should view our expert class as hopelessly corrupt. They lead us into one debacle after another. Who would have guessed that Fauci was funding the Wuhan lab? He was.
Do I believe Scott Gottleib, despite being the former FDA commissioner(and current Pfizer board member) is giving an honest assessment of the delta variant risks? I do not.
“I want unvaccinated people to stop spending my money to support their idiotic behavior. In this light, vaccine mandates make perfect sense.”
No problem with this whatsoever, equitably applied.
We will save a shit ton more money when we start denying care for all lifestyle choice diseases…not just COVID but just think of all the savings from cancer treatments due to smoking, cardiac events due to obesity, etc.
I’m being serious, not snarky.
I don’t disagree. As a society, we’ve already agreed that it’s acceptable for tobacco use. These days, it’s fairly customary to see it. Hell, I posted here about having to get a blood test for tobacco use as a pre-condition of health insurance (repeated annually). The surcharge for tobacco use was astronomical, almost 50% higher.
How it was explained to me, by someone I know far more knowledgeable of these things, is that the challenge is between the action and a pre-existing condition. You can’t put a surcharge on obesity for example, since that might be a result of a condition, however, you can surcharge having crap eating habits.
So, if a smoker quits, you still need to ensure the smoker, even though they will likely have future health problems that resulted from the past behaviors.
The line needs to be held for pre-existing conditions. It’s what’s right and equitable.
“The surcharge for tobacco use was astronomical, almost 50% higher.”
Separate risk pools BUT those risk pools must be self funding, ie. rates set at such a level among those groups to cover completely the costs of that group.
Pall Malls important to your life? Up 75%.
Fat ass? Up another 75%.
Anti-vaxxer? Up another 75%.
Three-fer? 5x.
Lying mangled in front of Phoenix and your Dodge SRT black box showed you hit 105 on the Parkway before impact? See ya…tell the anesthesiologist to turn that dial up hard….
By the way, GoodRx continues to be far less expensive than my insurance for prescriptions. My wife takes medication that costs hundreds of dollars a month under insurance. Her GoodRx coupon gets it for $10. Went in two weeks back for swimmer’s ear. The drops were like $160 under insurance, was $60 with GoodRx. Hell, the pharmacist recommended it.
Sounds all very Mengele-esque. How fun would it be to chain fat, f.uck muppets to a treadmill and feed them fruit, vegetables, boiled chicken and water until the proper weight is achieved!
Sick people wouldn’t be spending Grim’s money if the healthcare system wasn’t already mostly s0c1alized. I’d instead suggest more not less liberty and personal responsibility is the solution. Now that the government has already financially leashed you to your most irresponsible neighbors, the inevitable next step is for some neighbors to lobby to use government to inflict more and more compulsions on their neighbors. Don’t you see this is how government force begets more government force? Then pretty soon the US is no better than the borgs in China, every individual subsumed into the collective, purportedly for the good of the hive.
Confused.
Is getting vaccinated exercising liberty and personal responsibility, or not?
I am inclined to agree with you on the basis of an intellectual argument. However, the facts support the reality that Gottlieb has consistently been the most plain spoken and accurate predictor of health conditions for at least 12 months. He makes Fauci look like a dithering fool. Gottlieb’s explanations are so clear, concise and accurate that everyone else gets exposed for an agenda, or worse, purposely being vague so as to avoid culpability. Gottlieb is out there 24/7 reporting and interpreting. I find his voice critical in my planning
BidenIsTheGOAT says:
September 7, 2021 at 11:01 am
I think we should view our expert class as hopelessly corrupt. They lead us into one debacle after another. Who would have guessed that Fauci was funding the Wuhan lab? He was.
Do I believe Scott Gottleib, despite being the former FDA commissioner(and current Pfizer board member) is giving an honest assessment of the delta variant risks? I do not.
“The line needs to be held for pre-existing conditions. It’s what’s right and equitable.”
Agree. Congen1tal should be a determining factor.
Will never happen though….for the last, what, 150 years Western societies have been going the other direction…providing extra support for frail and weak.
In that sense we have been fcuking majorly with Darwin and mRNA is just the latest all-in on that bet…
Juice speaks of the wellness of the herd in the context of vaccinations…yes, but the herd survived, thrived, and ensured its continuity specifically because the aged and inf1rm were weeded out leaving the limited resources to the smart and the strong that survived.
Juice speaks of a counterfactual family future with diphtheria…what about for COVID? What if we had no response to COVID, what would the counterfactual look like if 90% of 65+ year olds succumbed?
Available housing stock? Additional resources for the young and strong (generational wealth transfer)? A new abundance of health care resources given the vast amount of spending associated with end of life? Societal wealth (little Medicare, social security)?
Not adv0cating, just noting…..while higher level mammals we are still animals and presumably still beholden to the natural selection laws governing species for the last 800 million years……this 150 year experiment of turning Darw1n on his head is barely in its infancy on that timeline and with results unknown…..
Ironic if all our intellectual prowess that allowed us to preserve and grow our weakest populations becomes our undoing in the future as disease ravages through these massive cohorts and to the ‘strong’ populations…..we’ve already determined the profile of the typical anti-vaxxer and it goes to intellect….rural southern and inner city dumb……we protect these people from themselves for what benefit to the herd?
Goat
93-98% of covid hospitalizations in Texas are unvaccinated. (Depends on what region of Texas is reporting hospitalizations) 48% of Texans are now vaccinated. Covid cases are almost as high as the January peak when there were hardly any fully vaccinated people.
The hospitals are so full from covid patients that non covid patients are dying due to lack of icu beds and staff. A guy in his 40s died from gallstones last week due to lack of an icu bed in Texas. Pre covid he would have been an icu bed for 24 hours and home shortly after
Updated Vaccination by Age Range for NJ:
8/21 vs 9/7
At Least 1 Dose
Total Pop: 9.2m
Total 1st Doses: 6.2m – 67% of total pop (Up from 65%) – Bloomberg reporting 70.4%
12-15 – 450k population – 248k dosed – 55% 1 Dose (Up from 40%)
16-17 – 240k population – 186k dosed – 77% 1 Dose (Up from 50%)
18-29 – 1.5m population – 930k dosed – 75% 1 Dose (Up from 60%)
30-49 – 2.4m population – 1.8m dosed – 80% 1 Dose (Up from 73%)
50-64 – 2m population – 1.6m dosed – 80% 1 Dose (Up from 78%)
65-79 – 1.1m population – 1.1m dosed – 99% 1 Dose (Up from 98%)
80+ – 415k population – 370k dosed – 89% 1 Dose (Up from 87%)
Rent control and property tax . . .
The owners of buildings with severely low rents due to rent control appeal their tax assessment based on the P/L of the building and end up paying very low property tax. This is justified on the one hand, because the building is worth a low number and property tax is a proportion of the building value. This is not justified on the other hand, because these buildings’ use of public resources are hugely disproportionate to their property tax bill (for example, there are 20-unit buildings in nj paying $20k/year property tax with 40 children living in them who receive approximately $800k/year in public schooling alone).
Rent control, as practiced in NJ, or rent stabilization, as practiced in NYC, is one of the most patently wrongheaded policies a government could enact. The artificially low rents are not connected to whether a tenant is low-income. The policy only favors people who have a longstanding tenancy, at the expense of those who might newly move into an apartment. The mis-incentives are for the building owners to do the minimum in maintenance to keep the building running. And, society-at-large bears much of the free ride enjoyed by tenants with low rents through artificially-low property tax payments for the relevant properties. On the other hand, the one positive of the policy is that certain, select longstanding tenants get to have sometimes absurdly-low prices and housing stability so they can live in their rental homes for decades (if they don’t mind that they live in a run-down place, populated by neighbors who are the lowest denominator because they can also tolerate such conditions, and so long as they can avoid their landlord’s keen eye searching for eviction grounds).
Video link below (Harlem 1989) showing the inevitable end result of hard rent control.
https://www.youtube.com/watch?v=M6WwZLvxV9Q
Some incredible vax progress over the last few weeks in NJ.
The inner-city-dumb demographic is slowly disappearing, in a few weeks, the suburban-and-rural-dumb is going to to be the majority by far.
Over 18 Vaccinated % (1 dose)
Paterson 84%
Wayne 82%
Though I must continue to emphasize, NJ’s vaccination status on a per-location basis, is largely being driven by under 12 population. Kid-dense regions are showing low numbers simply due to population/eligibility distribution.
Governor Murphy and Hurricane Ida . . .
I don’t like seeing the Governor touring water damage from the storm. I find it distasteful. He’s been in charge for three years and I don’t recall any notable flood control infrastructure projects championed by him for all that time. For crying out loud, they built one bridge at 68th street and Tonnellee or so over a rail line in Hudson County and he acted like he built Hoover Dam at the press conference. Furthermore, he borrowed $5B or whatever due to Covid to basically keep government employees’ paychecks 100% whole rather than funding anything physical – traffic, flood control or infrastructure.
grim says:
September 7, 2021 at 10:17 am
“…this is exactly why we need socialized healthcare.”
Looks like it’s working out just great for the UK — if you happen to like $50 billion in new taxes…
Boris Johnson outlines new 1.25% health and social care tax to pay for reforms –https://www.bbc.com/news/uk-politics-58476632
Seriously, you guys advocating for more and bigger govt are insane! We know what the govt would do with healthcare because we have the VA as our example. For almost every major problem that we face, and discuss daily on this blog, part of the solution is less govt — asset price bubbles/housing affordability, debt including massive student loan debt that will eventually be eaten by taxpayers, etc. Let the fed govt stick to providing for the national defense and securing our borders…
The Blue Acres buyout program actually had a material impact on NJ flooding for areas that saw recurring floods. Wayne made national news 10 years ago with Irene, this time around I’m not even sure we had a news crew in town. Of course, no part of that had anything to do with Murphy.
https://www.tapinto.net/towns/wayne/sections/government/articles/mayor-updates-town-on-floods-covid-and-his-personal-health
WAYNE, NJ – Mayor Chris Vergano…
Ten years ago, it was flooding from Hurricane Irene that forced far more families out of their homes. This is due to Wayne participating in the Federal FEMA Flood Buyout program, where the Township has used grant money from FEMA to buy people out of their homes in flood-prone areas.
“Since President Obama visited ten years ago,” said Vergano, “we have purchased over 300 homes and have taken 300 families out of the flood zone and out of harm’s way.”
Wayne’s large flood community still exists, but is a tiny portion of what it was a decade ago. Allowing these areas to be reclaimed back by the river, and to flood more regularly, is likely acting as a buffer to protect the broader area. Lots of locals said that attempting to control the river by manipulating the spillways and upstream levels did more harm than good. Army corps of engineers is never going to admit that they played a huge role in making the Irene floods worse, by protecting upstream Oakland, they completely f*cked downstream.
Interesting article in WSJ. Nearly 60 percent of college enrollment is female vs 40 percent for male. More Asian and Black enrollment when measured against White enrollment from same economic background. And the decline in male enrollment cuts across all racial and social demographic backgrounds. Two of the reasons listed for low male enrolled were video games and porn.
Biden in Jersey, almost to the day Obama was here.
Well, here we go into the 2021-2022 school year.
Rt at 1.04 and continuing to trend down. Arguably the downslope of our covid “peak”.
Mask mandates in place, vax mandates in place, a decent amount of school-age children vaccinated (and continuing to increase).
Florida looking like it’s crested it’s delta wave as well, school outbreaks didn’t necessarily translate into increased infections. Now Texas, numbers not so clear.
The day before Ida, I was discussing with my coworker who used to work in Manville about how Manville would get crushed. About 8 or 9 years ago, there was a storm where the Raritan crested over 206 and into Manville. But Manville floods every month on normal storms. I knew it was going to happen.
When I went to go to work on Thursday, the police diverted us into Manville and I made right to the town where the flooding began. I couldn’t see the end of it from the other side. It was really bad.
I am inclined to agree with you on the basis of an intellectual argument. However, the facts support the reality that Gottlieb has consistently been the most plain spoken and accurate predictor of health conditions for at least 12 months. He makes Fauci look like a dithering fool. Gottlieb’s explanations are so clear, concise and accurate that everyone else gets exposed for an agenda, or worse, purposely being vague so as to avoid culpability. Gottlieb is out there 24/7 reporting and interpreting. I find his voice critical in my planning
Gottlieb obviously has a conflict of interest, but I’ve found that it doesn’t seem to drive his opinions. Given how he’s operated his whole career, he’s still relatively young and is not willing sacrifice his credibility for a short term payoff. Gottlieb has been one of the most accurate and informative people out there and I appreciate his commentary.
Manville must have made a deal with the devil 100 years ago. First they get lots of asbestos deaths from Johns Manville. Second they live where it’s easy to flood.
The only good thing about Manville I could find was a polish food shop there. I don’t know if any of the Mexican restaurants in downtown are any good, but the whole area has looked run-down for years.
No one, they have Sahara as well. It’s a second location of a phenomenal middle eastern restaurant in New Brunswick.
Yes, Sahara New Brunswick is very good. But every time I’ve eaten at or taken out food from the Manville location the food hasn’t been as good as their NB location. Even thought the Manville spot is 10 minutes away while the NB restaurant is 30 minutes away with annoying parking, my wife demands that we only ever go to the NB Sahara.
My theory is they are cooking the meat fresh at NB while they are reheating it in Manville. It’s more juicy and tender in NB, and even the pita are better.
If NB Sahara didn’t exist I’d probably go to Manville Sahara more often.
As it is I’d rather go to Grub Hut than Sahara in Manville.
Drivin’ that Train
New site
add other things
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Online loans 24/7 .
12:34 just imagine the odds of getting laid went up. Keep up
Your grades fellas! We are raising zombies currently. My kid rocks though.
I used to live a block away from Sahara New Brunswick. My old apartment is now Fritz across from Olde Queens. The owner of Sahara’s name is Osama. Great guy. Goes by Sam ever since 2001.
I think the issue with Manville is, it’s just never busy so they never got into the swing of things. But, I usually don’t even order the meat. We usually just go nuts on the dips and pita and do a red lentil soup. The guy running the pita oven in New Brunswick last timie I went used to be my bagel guy in Somerset. Saw him after 8 years and he recognized me.
Workers are quitting their jobs in record numbers, with the figure approaching 3.9 million in July – a hair shy of the record set in April in what has come to be known as “The Great Resignation.”
READ: Jobless Claims Rise Slightly, 2Q GDP Revised Upward
But a new global study of 5,500 workers and small-business leaders finds the mass exodus is being driven mainly by members of Generation Z, those who have spent the least time in the workforce, and millennials.
The study by software and data analytics company Adobe found that more than half of Gen Z respondents reported planning to seek a new job within the next year.
The generation also reported being least satisfied with their jobs, 59%, and with their work-life balance, at 56%. Nearly two-thirds of them, 62%, said they felt the most pressure to work during “office hours,” even though they said they do their best work outside of normal office hours.
Manville seems like the kind of place where a Trumper squeezes your Johnson in the men’s room of the Arby’s screaming “I’m not gay”.
reduslim quante compresse in una confezione
Rodneysunse
Whenever I hear this guy interviewed, I always crack up when they say his name.
https://www.hjadvisors.com/services/our-team/
Ex says:
September 7, 2021 at 9:16 pm
Manville seems like the kind of place where a Trumper squeezes your Johnson in the men’s room of the Arby’s screaming “I’m not gay”.
Man, this virus really has put a huge dent in my roaring 20’s 2.0 call. Just pushing this boom further down the road.
https://www.wsj.com/articles/delta-variant-covid-us-economy-jobs-spending-fall-september-slowdown-school-11631027856?st=riauf2piwmj0zml&reflink=article_copyURL_share
New jolts quits numbers out tomorrow or the day after.
Great resignation continues?
Chi
https://youtu.be/mUfOFnIndwY?t=12
Boomers have all the money and want to live forever = never short biotech
“Jeff Bezos Is Allegedly Poaching Scientists From All Over The World To Figure Out How To Reverse The Aging Process”
May have mentioned. Vaxd BIL went to a wedding he did not want to attend, but was persuaded after pressure from gf. Was seated at a table with four other vaxd people and a fifth unvaxd individual. Fifth individual had Covid, three of the four vaxd people at the table got covid. BIL is 37, healthy, spent a few days in the attic with a fever, felt a bit off but is now back to normal.
Said he drank a lot, sat next to unvaxd covid +, laughter, spittle flying for hours.
I was a bit shaken by how many people at that table got covid, statistically improbable. The only thing I could think of was that others lied about their vaccination status.
40 year, I never said it was ethical. Ethics never came into the discussion you insufferable twit, cause and effect was the only point. But because you have a need to feel morally superior you bring this into the discussion. Even to this day landlords muscle out rent controlled tenants, not so much through arson but through bribing the local government to create redevelopment projects. If you stand in the way of market forces undesirable things happen. Most arson was committed by large players after rent control decimated the mom and pop tenement owners.
Also to leftwing point the arson coincides with the adoption of the rent control ordinance in Hoboken. A lot of this horrible legislation resulted in reduced profits or even loses for landlords as rent control boards were arbitrary and capricious at the time and there was runaway inflation.
You cannot discuss these events without understanding what really caused them and the role that poorly conceived legislation played a part in the events. Gentrification has been overwhelmingly positive and if not for bad policies and bad governance a place like Newark could be enjoying the resurgence that Nashville is currently experiencing.
On the vaccine this is what scares me the most…
https://www.geertvandenbossche.org
He appears to be a reputable scientist and his theory is not so far fetched. We’ve seen problems from leaky vaccines in animals, livestock tends to get minimally tested vaccines for many diseases to minimize losses.
The other hypnosis, that runs contrary (though arguably complimentary) to that, is that it’s the covid long haulers that are the fertile breeding ground for these new viral mutations – where both vaccination and antibody therapies (earlier) have been shown to reduce the risk of becoming a long-hauler.
What treatments are we providing at scale to treat duration of covid in non-hospitalized individuals? Nothing. This is the realm of hcq, ivermectin, steroids, quercitin, zinc, oral hygiene, etc etc etc. Hell, the NIH specifically recommends that no drugs be given for post-exposure prophylaxis. In this world, reducing the number of symptomatic days from 6 to 5 is looked at as being ineffective. But from the perspective of viral mutation (which is a mathematical/statistical function), we’ve made a material reduction in potential for mutation.
In terms of 1st dose vaccinations in NJ, that’s all she wrote folks. 1st doses fell off a cliff last week. Maybe it was the holiday weekend, end of summer, school prep etc etc. Looks like we went from about 10k new doses a day, to something below 5k a day. We are hitting a real wall.
Keep in mind, roughly 15% of NJ’s total population is still not eligible (under 12 years old), so our ceiling is roughly 85%. We’re sitting at 71% of NJ’s total population with the first dose (which is huge, don’t get me wrong), that leaves 14% of the total population needed to hit 100% vaccination of the current eligible population. Something like 1.25 million eligible, but still unvaccinated – not a huge number.
We are starting to see 3rd dose ramping up, with more than 50k 3rd doses administered already.
You can’t stop mutations. Every person who contracts it generates a new mutation. With HIV, it was 20 years before they identified regions that were preserved despite mutations to Target with drugs.
re: mutations…..The MRNA vaccines targets just the spike proteins folks that is it, if the spike proteins mutated enough the vaccines would no longer work. . Our FDA requires lots and lots of trials and testing, the Delta vaccine was formulated many months ago but could not be rolled out….
The idea here is to keep ahead of the spread of mutations etc. Pfizer’s goal is to go from synthesis to creating a new vaccine that’s ready to roll out within three months. Pfizer now runs a biosafety level 3 biolab out of Pearl River NY. They quickly develop new vaccine formulations and ship it to the University of Texas Medical Branch where it is tested against blood of vaccinated people on the variants. They need to actually create the variants as they are nearly impossible to come by.
“Pfizer’s goal is to go from synthesis to creating a new vaccine that’s ready to roll out within 100 days.
Achieving this goal largely depends on regulatory oversight and how much testing is required by the Food and Drug Administration; Pfizer’s hope is that the foundation of evidence on existing shots can help new vaccines proceed more quickly. New flu strain vaccines, for example, are slight adjustments from earlier doses and don’t need to be tested in humans before they’re first used. “It’ll take time to get that kind of confidence [for Covid vaccines],” said Dormitzer.”
They are even using their corporate jets to ship their work quickly from Pearl River NY to Texas for the testing against the blood of vaccinated people.
They are trying to build a new supply chain for quickly developing reformulated vaccines and test them quickly.
This is where the investment needs to be…this is the future of these designer vaccines…
https://www.statnews.com/2021/08/30/inside-pfizer-labs-variant-hunters-race-to-stay-ahead-of-pandemic-2/
BTW speaking of blood testing. They have been testing the blood of people who recovered from Covid for many months now to try and determine the immunity memory… B cells and T cells mediate immunity etc, they are trying to figure out if it lasts and that will take years of study. They are still studying those that recovered from SARS 20 years ago in Singapore, they recently vaccinated those people against Covid with the new MRNA vaccine from Pfizer.
What they have found in some cases is people developed a super immunity against Covid and it’s variants. It suggests that one day they may be able to identify the sequence needed to create an MRNA vaccine that will stop nearly any and all bat coronavirus variants.
https://www.nature.com/articles/d41586-021-02260-9
https://www.pbs.org/wgbh/frontline/film/america-after-9-11/
Ugly discussion about what happened in Hoboken, but then again history if full of ugly atrocities. I lived there for a stint, was one of the “Yuppies” and was even called one by the locals although I arrived decades after the fires….There is a good movie about it.. Nora Jacobson’s documentary “Delivered Vacant”…..was filmed during that period of the fires. Most of the arson occurred from 1978 to 1983….approx 500 fires thousands displaced and a dozen deaths.
It was not just Hoboken that was going through fires during this period, many other NYC neighborhoods experienced lots of fires. “Bronx is burning” comes to mind. I know this because my father worked for Con Ed emergency services and told me about them, lots of unexplained fires. There was a term for it too.. and ugly one that used the term “lightning”. But because Hoboken was such a small place, having 500 arson fires created quite a stir, and nobody went to jail….could not tie the arsonist to the landlord…a bit of Omerta perhaps and refusing to cooperate with the prosecutors.
BRT – You mention HIV and 20 years ago etc. The game has changed now. Technology will either save or destroy us. I am rooting for save…
There is a new MRNA vaccine for HIV from Moderna in trials now. They are priming a specific type of B-Cell to produce effective neutralizing antibodies. Results should be known sometime in 2023…or a bit longer. For you see they have to test it with people that are HIV-negative and willing to be exposed to the virus…a bit of Mengele as these are deadly experiments…but it is not a blind study they are all getting the new vaccine.
So much rapid change to invest in with biotech. ARKG baby!! Easy money long term.
Juice Box says:
September 8, 2021 at 8:29 am
BTW speaking of blood testing. They have been testing the blood of people who recovered from Covid for many months now to try and determine the immunity memory… B cells and T cells mediate immunity etc, they are trying to figure out if it lasts and that will take years of study. They are still studying those that recovered from SARS 20 years ago in Singapore, they recently vaccinated those people against Covid with the new MRNA vaccine from Pfizer.
What they have found in some cases is people developed a super immunity against Covid and it’s variants. It suggests that one day they may be able to identify the sequence needed to create an MRNA vaccine that will stop nearly any and all bat coronavirus variants.
https://www.nature.com/articles/d41586-021-02260-9
ARKQ….investing hard into autonomous technology. ARKF investing hard into the change happening in finance. Then you get the ARKW…”Exposure to the “Next Generation Internet” including artificial intelligence, big data, cloud computing, cybersecurity, and blockchain technology.”
How do you lose investing into these funds long term? I just don’t see it, and no idea why so many people bash ark. The world is changing, and im going to be invested in that change.
Crypto hucksters coinbase just got a Wells notice…Seems they want to lend money and pay interest at 4%…
Wall St has a long reach.. SEC, FED, OCC, FDIC and many other state regulators. By the time when coinbase thinks they are done with the regulators the Coast Guard will show up and cite them for not having enough life preservers in their building…
“I was a bit shaken by how many people at that table got covid, statistically improbable.”
What does ‘getting covid’ actually mean? Asymptomatic? Symptomatic? At what level of virus does one ‘get covid’?
Is any trace of of the SARS-CoV2 virus is ‘getting covid’?
If so, does it matter?
We are massive incubators of millions of viruses and bacteria. A quick scrape of my skin will likely reveal the presence of a few alarming strains of each.
Because we have consciousness and the ability to effect our own outcome we believe we are more than sum of our biological parts.
At the end of the day we are simply warm bags of shelter for breeding microorganisms, nothing more. Kind of like badly constructed wood framed condo complexes in Bridgewater, occupied by similar tenants and similarly fragile.
Pumps – I have a question for you, and be honest. Do you believe bitcoin is the future of finance? I mean just bitcoin, not blockchain…..
Cathy is sitting on over a billion dollars in Coinbase stock….a top 10 holding..
$1.65b to be exact.
https://cathiesark.com/ark-funds-combined/complete-holdings
Video this morning of a masked Elizabeth Holmes showing up for the first day of her trial.
You can see fear in her eyes…for the first time. Feckless c*nt.
At the end of the day we are simply warm bags of shelter for breeding microorganisms, nothing more. Kind of like badly constructed wood framed condo complexes in Bridgewater, occupied by similar tenants and similarly fragile.
Dude’s a poet. Can you rap this?
Juice,
I used to think it was a joke, but I finally realize blockchain/crypto are here to stay. I’m not going against Cathie and her team when they have been correct on every single big call on disruptive trends. I just think they are visionaries that are obsessed with the change happening in our world. They see the world of tomorrow and are investing in it.
Juice: The difference between Hoboken and the south Bronx, is that the south Bronx did not re gentrify.
Juice: El Salvador has legalized bitcoin as a legal currency. That should be interesting.
Pumps – how do you lose money in the stock market? Lol……the investors who make the real money in Tech besides the founders do so as early stage investing pre-IPO companies…. I mean just look at Beyond Meat….it’s trading at 107.27 below its 52-week high $221.00 and all time high in 2019 of $234.00… It is now bleeding highly compensated exec’s that came from Amazon and other places.
For you see meat is meat and no matter how you package it this other stuff is not meat.
INGRIDENTS Pea protein isolate, expeller-pressed canola oil, refined coconut oil, rice protein, natural flavors, cocoa butter, mung bean protein, methylcellulose, potato starch, apple extract, salt, potassium chloride, vinegar, lemon juice concentrate, sunflower lecithin.
Pumps – The distinction is BITCOIN…not Blockchain…Her investments are in BITCOIN, she wants her own BITCOIN ETF and pumps BITCOIN at 1/2 a million a coin and it looks like she won’t get the ETF.
There is no direct investment in BITCOIN from the markets that effects price like giving this Ponzi a stock symbol would, just futures and trusts and alternative markets like coinbase and grayscale.
Right now several people Grayscale and Cathy are trying to create a BITCOIN ETF. They are being blocked and you can bet Wall St will see to it never happens unless there is seismic change down in Washington DC.
Investing in an ETF across different fields is very hard to lose money long term. Won’t always make money every year, like ark this year, but you sure as hell will make a lot of money investing over a 10 year period.
It’s simple with ark funds right now. We are coming upon a period of massive change in our lives. That’s the purpose of ark funds right now. After these changes hit, then you take your money out of ark and put it in the companies that have become the leaders pf this change. This is all happening in the next 10-15 years.
“Juice Box says:
September 8, 2021 at 8:13 am”
Juice, thanks for throwing meat on what I was positing earlier….despite all Pfizer’s efforts, including such micro time-saving devices as flying samples private rather than commercial, I still remain skeptical that without substantive changes the system is not capable of going from identification through widespread needles-in-arms in a timeframe before any variant can take hold in the population.
In other news, somewhat related, Gottlieb this morning says he believes Delta variants will crowd out other variants so Mu and Lambda (remember that?) are likely not of concern…
Your knowledge of the science is much deeper than mine, but again the mRNA technology seems to be running into the same practical issue as the seasonal flu vaccine….guessing which strain will be dominant with enough lead time. Six weeks ago everyone was alarmed by Lambda, if that formulation were the one pursued…..
They are trying to stop bitcoin, but they can’t. Cathie knows this. The genie is out of the bottle…bitcoin is never going away. It’s the OG and one of the few cryptos that will survive when this is all said and done.
3B – Some scam in El Salvador for sure. The locals are got creamed. They were forced to use their government created trust and wallet the Chivo Wallet, it took in about 21 million in their dollars equivalent so far. Then bitcoins price dropped 20 percent for anyone who bought it…..instant haircut and it’s gone!!!
Also on Gottlieb this morning….says there are two dominant strains of Delta variants right now they are watching and biggest concern is as these mutate they develop resistance to the vaccine…
Says he follows (LOL) genetic epidemiologists for guidance, mentioning this person in particular, below.
https://twitter.com/trvrb?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
Pumps they are not trying to stop BITCOIN the commodity. They are preventing it from becoming something else, a security or a currency as it is NEITHER.
Juice: Some Salvadorans are calling Bitcoin the devil!
Grim, LOL.
Just well rested…..relaxation for me breeds cynicism.
I’m much more amenable (ha!) on five hours sleep…
left – re: “two dominant strains of Delta variants”
BRT is right there should be more variants. In the USA we don’t sequence enough people to have the real time surveillance necessary. Less that 2% of positive COVID-19 cases are sent to a patchwork of government and university labs in this county for genetic sequencing. We need to reach 5% for a true readout of the variants. Main issue is the patchwork we don’t have one system like the UK or other countries do. Billions being spent when there really needs to be one system for testing preferably a non-profit not run by the government.
New build sold in July 2020 for $760K by a millenial couple. We walk past it all the time and almost never saw anyone living there. Once I think delivery man put food on step. They just relisted a month ago and pending at $900k apparently. This is the worst bubble we may see in our lifetimes. Only a complete dope would think this is sustainable. People have completely lost mind and Fed doing irreparable harm with MBS buying and complete risk free backing of entire housing industry. Only a dope sees it otherwise.
Juice, South Americans are used to 99% haircuts.
hUrRy uP anD fEtcH mE tHe iVerMectin
Juice, HIV is mutagenic and dismantles the immune system. A very unique virus. For the longest time, we had people taking a cocktail of 20 meds every hour to deal with all the variants that would naturally form in their own bodies. It wasn’t until 20 years ago that they looked at the Reverse Transcriptase enzyme and saw an evolutionary stable pocket to target. That’s what Paul Janssen (the founder of the company that gave us J&J vax) designed hundreds of potential molecules to target it, few which were successful against every variant. The specificity of the drugs also meant low toxicity as well.
With Covid, I doubt it matters much. The reality is, this thing will find everyone by this winter and we’ll likely call it another endemic common cold by then. The only thing we can do is vaccinate, use regeneron, and minimize the damage for the at risk. Covid is not going away, but it will be less deadly. Most people won’t care. If you had an asymptomatic infection, it will likely never make you sick.
Juice, HIV is mutagenic and dismant1es the immune system. A very unique virus. F0r the 10ngest time, we had pe0p1e taking a c0cktai1 0f 20 meds every h0ur t0 dea1 with a11 the variants that w0u1d natura11y f0rm in their 0wn b0dies. It wasn’t unti1 20 years ag0 that they 100ked at the Reverse Transcriptase enzyme and saw an ev01uti0nary stab1e p0cket t0 target. That’s what Pau1 Janssen (the f0under 0f the c0mpany that gave us J&J vax) designed hundreds 0f p0tentia1 m01ecu1es t0 target it, few which were successfu1 against every variant. The specificity 0f the drugs a1s0 meant 10w t0xicity as we11.
With C0vid, I d0ubt it matters much. The rea1ity is, this thing wi11 find every0ne by this winter and we’11 1ike1y ca11 it an0ther endemic c0mm0n c01d by then. The 0n1y thing we can d0 is vaccinate, use regener0n, and minimize the damage f0r the at risk. C0vid is n0t g0ing away, but it wi11 be 1ess dead1y. M0st pe0p1e w0n’t care. If y0u had an asympt0matic infecti0n, it wi11 1ike1y never make y0u sick.
Holmes looks like Zuck with a wig. Am I the only one who sees this?
Holmes realized she screwed up in Theranos and went the legal route to riches through marriage. Gotta admire her persistence.
One thing to say about the Rogan story. He should knows how to rile up the media, they are out to cancel him and he caught them again lying…and it’s not about the effectiveness of this more than controversial treatment.
From his podcast last night..
“Speaking on the latest episode of The Joe Rogan Experience on Tuesday, Rogan argued that he was told by doctors to take ivermectin to treat the virus and expressed anger at news outlets for reporting on him taking it, particularly CNN.
“Do I have to sue CNN?” Rogan asked guest Tom Segura on the three-hour-long episode
“They’re making s*** up. They keep saying I’m taking horse dewormer. I literally got it from a doctor. It’s an American company. They won the Nobel Prize in 2015 for use in human beings and CNN is saying I’m taking horse dewormer. They must know that’s a lie.”
Juice, why do you even try to engage him in reasoned conversation?
His posts on ‘investing’ are identical to his postings on other topics…he discovers a new topic for him, finds the most superficial expression of the topic possible, proactively avoids anything resembling research or analysis, and then comes on here and bleats endlessly like an insatiable sheep his frivolous points.
We’ve seen this sequence over and over again through the years…..
So four months ago he (still unknowingly) discovered the risk/reward curve. Mix in some 20-somethings’ Reddit posts and – poof – there has never been anything in history ever like CW putting together a portfolio of new technology stocks (ahem).
He has literally never looked at the underlying holdings – let alone their merits and risks. Aside from not having the capability to do so he does not even have the awareness of the need to do so. All he can do is squawk “CW” like a parrot with Turrets. He has no concept of – and again no awareness of the need for an understanding of – financial markets’ traits and history. But haven’t you heard?!?! CW is UNIQUE in the history of finance, there has never been anything like her!!
You are trying to engage in an intelligent conversation with this entity. God bless you.
“Be quiet Michael, the adults are speaking.”
Bystander: I agree, never seen it so bad, although more inventory coming on in my town , and some I would have thought would have sold have not.
Just say it. Jewish Lightning.
That bowling alley that burned down on Newman Springs Road where Greek Eats/Platypus is. I called it the same.
Juice Box says:
September 8, 2021 at 8:48 am
. “Bronx is burning” comes to mind. I know this because my father worked for Con Ed emergency services and told me about them, lots of unexplained fires. There was a term for it too.. and ugly one that used the term “lightning”.
I thought it was a space laser?
Rogan also says it probably pissed them off to no end that he recovered in a day.
Lefty,
How does one have an intelligent conversation with a close minded individual. I think you are wrong when it comes to ark funds in terms of long term investing, but that’s impossible in your mind.
“Holmes realized she screwed up in Theranos and went the legal route to riches through marriage. Gotta admire her persistence.”
cynicism v 2.0….and you know that baby she popped out that delayed the trial is a prop for leniency and juror sympathy….way too self absorbed to actually want to be a parent, let alone a mother.
I want to earn throat cancer through exposure to HPV.
leftwing says:
September 8, 2021 at 9:17 am
“I was a bit shaken by how many people at that table got covid, statistically improbable.”
What does ‘getting covid’ actually mean? Asymptomatic? Symptomatic? At what level of virus does one ‘get covid’?
Is any trace of of the SARS-CoV2 virus is ‘getting covid’?
If so, does it matter?
We are massive incubators of millions of viruses and bacteria. A quick scrape of my skin will likely reveal the presence of a few alarming strains of each.
Because we have consciousness and the ability to effect our own outcome we believe we are more than sum of our biological parts.
At the end of the day we are simply warm bags of shelter for breeding microorganisms, nothing more. Kind of like badly constructed wood framed condo complexes in Bridgewater, occupied by similar tenants and similarly fragile.
What is so bad about the market right now? That the price is going up? What did you think was going to happen? Just because we are at record highs does not make it a bubble that’s bound to pop.
3b says:
September 8, 2021 at 10:16 am
Bystander: I agree, never seen it so bad, although more inventory coming on in my town , and some I would have thought would have sold have not.
Lefty- ark funds are garbage, they are investing in companies that don’t make money.
Okay, well, they are disruptive high growth companies. Was Amazon supposed to be profiting in 2003 instead of dumping all capital into growth?
People are woefully ignorant to how many microbes are floating around the air and living on their skin.
One party, not saying who, hates science.
“How does one have an intelligent conversation…”
LOL, why should I be surprised you are asking this question…..
Here’s an answer, how about research and analysis…..
By at least six different posters in twenty different ways you have been asked to defend ARKK…
You refuse to respond other than with “Cathie, she’s the best-est!” [heart emoji, heart emoji]
Dumbass, no one disputes superior returns will be generated by riskier investments…that is a basic tenet of finance, extant since well before the Doges of Venice. It’s what set ships sailing to the New World.
When one (CW) among many offers such opportunities there are two fundamental questions to assess the opportunity relative to others….
1. The merits of the opportunities (of the specific underlying companies versus other similar companies in ARKK’s case), and
2. The price (valuation) at which they are being offered.
You pointedly avoid any acknowledgement of either, meaning you are pointedly avoiding an intelligent conversation on this topic.
You the financial equivalent of an “Ape” on a Reddit sub, floating heart and bags of money emojis and all.
Cathie is soooooo dreamy, though.
“Be quiet Michael, the adults are speaking.”
Left – I am aware infections run the gamut. In this context getting the rona meant a symptomatic mild infection.
I think when most express their desire not to contract the rona they are not concerned about their own outcomes, but the outcomes of those around them. I could care less about having to wear a mask at home or spend a few days inside the guest room, but my mothers bf is undergoing chemo for 9/11 cancer. My kid wants to see g-ma, it gets messy.
Yes – 3B but during that time there were many unexplai*ned fi*res in a Brooklyn’s , and Manhattan’s Harlem and Lower East Side they all burned during the 1970s and 80s.
Heck I had my own version in my Hell’s Kitchen apt in the mid 1990s. Our 51st st and eight avenue dirt cheap rent controlled cockroach infested place burned on Thanksgiving when everyone was away. On that lot combined with several others now stands a the 26-stories tall, Longacre House Apartments a “luxury community”…
Lefty,
How long have you been bashing Tesla? Where is the price?
It’s impossible to defend Ark funds (not just arkk) to someone like you. You don’t like the fundamentals because you simply don’t understand it and lack the vision to do so.
I’ll keep my defense of it short and sweet. The world is changing quickly, these funds invest into those disruptive trends. If you can’t understand this, I can’t help you.
Grim – unmod me please.
I forget who but there was some index that was exclusively unprofitable companies, by design. It correlated perfectly to ARK.
BRT you smell like fried rice and day old farts.
NEW YORK, September 8, 2021 /PRNewswire/ — ARK Investment Management LLC (“ARK” or “ARK Invest”), a New York-based investment adviser focused solely on thematic investing in disruptive innovation, is pleased to announce the launch of its new actively-managed exchange traded fund (ETF), the ARK Messianic Complex Innovation ETF (ARKIQ) on the Cboe BZX Exchange, effective Tuesday, September 14th, 2021.
ARKIQ provides exposure to domestic and foreign equity securities of companies that are engaged in the Fund’s investment theme of Cathie Wood’s desire to test her primacy over her easily persuaded followers. ARK defines “Messianic Complex” as leading, enabling, or benefitting from Ms. Wood’s ascendance to her rightfully place as the second coming on the Earth. ARK believes that those with weak cognitive ability can be grouped into four overarching categories, each of which contain relevant sub-elements: dull; borderline; imbeciles; and idiots.
“We believe the lemmings are primed for exploitation,” stated ARK’s Founder, Chief Executive Officer and Chief Investment Officer, Cathie Wood. “Thanks to advancements in monetary manipulation, mobile connectivity, sensors, social media, and ignorance of history, costs that have been ballooning for decades are beginning to decline. As a result, the number of available avenues for subterfuge is proliferating. We believe that the revenue opportunity alone will exceed the costs needed for me to build my large wooded boat and fill it with two of each animal.”
“We are extremely proud to collaborate with ARK to bring their latest ground-breaking ETF to the market,” said Laura Morrison, Senior Vice President and Global Head of Listings at Cboe Global Markets. “As ARK continues to drive forward the next wave of innovative investing, Cboe remains committed to providing them with the best-in-class listings services and market quality on our ETP marketplace to support their continued success.”
TESLA $3,000 to the MOON! BITCOIN $500,000 to the MOON! DIAMOND HAND!
Pump Pump Pumpssssss……..
You are literally the stupidest fcuk around….back to reading comprehension 101…
I have never made any reference to ARKK fund companies not having earnings….analysis of these sorts of companies in that framework is asinine. Find where I said that.
I have never bashed TSLA, the company. Find it. Valuation, absolutely, and pocketed good profits on both sides of the trade. That means down and up, sh1t for brains.
BTW, I don’t have enough fingers and toes to count the number of early stage companies I have personally taken public with no earnings. I think I kinda ‘get it’.
And, to crown you the absolute, uncontested dunce here…of course disruptive trends pay off, of course the world is changing quickly, and Captain Oblivious of course this has continuously occurred over every period of history. Not just now, fool.
The key question is which entity is going to be dominant in its space, which comes down to three points…the two above, which are the individual company’s competitive profile and the valuation at which its offered…and, the third, the ability of the entity to actually execute on the vision.
That is all that matters.
I’ve ignored you for so long and this thread started with me castigating Juice for trying to reason with you and here I am, getting tag teamed into your collapsing black star of idiocy.
Back to ignore. Other than…
“Be quiet Michael, the adults are speaking.”
chi, priceless.
good laugh on that one.
the idiot is probably googling the ticker right now trying to invest.
BRT you smell like fried rice and day old farts.
I guess your cloth mask isn’t working.
You go to Manville like that you’re just asking for trouble.
Add the distended ivermectin anus, a syndrome they call
Country-butt now, and you’ll be presenting like a beer red baboon.
Where are the badly framed condos in Bridgewater? Any wash away in the rain?
Speaking of Hugh Johnson, he should hire Dick Phister to come join his team. I laughed when I got some sort of marketing emails from such a name.
For science: https://animals.howstuffworks.com/mammals/baboons.htm
The only good thing about Manville closed years ago.
Oh yeah,
Sahara is very good if it’s the place I’m thinking of (not far and on other side of street from St. Joe’s on Easton).
My family still loves Stuff Yer Face. The salad and baby boli deal is still tops. A shared Thomas Sweet’s blend-in for dessert is great too.
I’m gonna take a drive through Manville today on the way home to survey the damage. Probably stop at Sahara now that it’s on my mind. Saksuka (eggplant) and Labneh (Yogurt) dips are fantastic. Based on the pics I saw, the flooding stopped a block before it.
I saw the historic old stone wall at the Stony Brook Rt. 206 bridge in Princeton is completely gone this morning.
btw, food for thought here. I know someone who works at Manville high school. Today, a mother dropped off her kids there and she casually mentioned she hadn’t eaten anything since Thursday. She has no belongings, food, house, or money anymore. Anyone in there area might want to consider dropping off goods if you get a chance.
https://www.ventusky.com/?p=40.45;-75.75;7&l=rain-3h&t=20210909/0600
BRT – Since Thursday? Did she mean a meal in a restaurant? She should have complained to Sleepy Joe, he was around yesterday hugging kids and tossing around quips while the anti-Biden crowd was down the road chanting F BIDEN. The Federal disaster declaration gives her access to money for temporary housing and home repairs and low-cost loans to cover uninsured property losses. I hope she had good property insurance.
There are several few food pantries nearby…and the Red Cross has setup centers… Sorry to hear about the home etc…hope she can rebuild….
F.uck O’Biden chants beginning all over now. The next move is sides of buildings spray-painted with f.uck O’Biden messages. This administration is an epic failure in less than a year.
https://tinyurl.com/cxjw4tts
I would suggest she move to Wayne. Real estate is HOT there.
Hah, Ed..putting a guy or two on the camera phone while crowd is chanting Lets Go Irish while he scream F-Joe Biden..you need hearing checked. I did laugh though.
I think it was the Greeks that originally started the, “Fukc Joe Biden” chant. Or were they chanting, “Fukc Poseidon?”
The hate for ark by boomer investors is real. Esp the fact that a woman is kicking their a$$ in a field dominated by men. Yes, she knows nothing, and just got “lucky.”
When you start multiple successful funds based on a strategy that has never been done before, come talk to me. She made active management mean something again. She had the best running avg for funds from 2015-2020. That’s 5 years.
How people brush her off as nothing special is comical. Wild.
She is the smartest person of all. She has figured out how to part fools from their hard-earned money by spewing a few catchwords.
I’m a disruptor. Buy, buy, buy!!!
I think Poseidon has been f*cking us good lately. Glad we don’t live in area with natural disasters.
Any luck with pool Ed?
And these same individual touting “fundamentals” are the first to jump on her and her funds after they went up 175% in a year. Wtf?!! Did you think she was going to have another record year back to back?!! Wild. You should know after such a big run it will go down till it catches its breath again. That’s why this is a loading period for those funds. You buy now while it’s falling. Hope it stagnates for another year before taking off again so I build a large cheap position (won’t happen prob, but never know).
Yea, she is a con artist. Sure. She is a pretty good person compared to the greedy animals in the finance world. She is not like the rest. She is trying to make the world a better place. She is fully transparent because she is not trying to rip anybody off. Why aren’t the other guys transparent while they talk their bs?!
Libturd says:
September 8, 2021 at 1:45 pm
She is the smartest person of all. She has figured out how to part fools from their hard-earned money by spewing a few catchwords.
I’m a disruptor. Buy, buy, buy!!!
Go look at the data. What’s the natural data cost for other parts of the country compared to the northeast? Flooding is the only thing that you deal with here, but at least that means you have access to cheap water. Go ask the other parts of the country how much their water costs.
Bystander says:
September 8, 2021 at 1:47 pm
I think Poseidon has been f*cking us good lately. Glad we don’t live in area with natural disasters.
Any luck with pool Ed?
Fast Eddie says:
September 8, 2021 at 1:15 pm
“F.uck O’Biden chants beginning all over now…”
I’m sure Bi is too busy binging on Bachelorette episodes on the weekend to attend a football game, but Lib or one of the other apologists should really start showing up to defend Joe.
But on to Manville, which I run errands in/through every week, it’s incredibly frustrating (as a taxpayer) to see the same homes flooded on Dukes Parkway for the fourth or fifth time in the 25ish years that I’ve been in the area. I’d like to abolish the federal flood insurance program altogether, but in any case, we need to introduce the concept of a home being ‘totaled’, in the same way an auto insurer can declare a car totaled. If a home floods twice, the insurer declares it to be totaled it gets razed, and the homeowner moves. Take a look at the proximity to the river of the homes on N6th-N10th in Manville (all of which currently have massive piles of destroyed belongings on the curb) and tell me they shouldn’t be totaled.
https://www.google.com/maps/place/Dukes+Pkwy+E,+New+Jersey/@40.5526475,-74.6097157,15z/data=!4m5!3m4!1s0x89c3eac796f060b7:0x76b7afc681ccf6fd!8m2!3d40.5519161!4d-74.6008477
I was listening to 101.5 the day after and someone from Manville was complaining they just moved in from NYC and bought memorial day. Apparently, they had no idea anything like this could happen. An indication that people are just blindly buying homes doing zero research. Manville floods all the time. My coworkers and I were specifically talking about Manville a day ahead knowing it was going to happen.
Bystander,
The pool is currently a translucent pea green which means I can actually see the muck on the bottom in the deep end as opposed to seeing total darkness a day after the storm. The filter is old and I just need it to get me through this bout so the pool company can s.uck out the muck w. that heavy vacuum. A new filter is forthcoming next year as well as rewiring.
BRT – Mortgage company knew about the flood zone designation for sure, the realtor for sure, the homeowner for sure, the neighbors for sure, the home inspector probably found some evidence of prior water damage too. Section seven in Wikipedia on Manville covers it too.. Then there are a million other sources in the news from prior floods too…
Nice cheap houses too….I wonder what they paid many of these houses were going for $150k not long ago. Some recently sold for quit a bit above that price at $340-$400k price range. All totaled now..
I think it would be as physically impossible to f*ck Joe Biden as it would be to use a wet noodle as a tightrope. I doubt he’s responsible for much more than waking up and trying to read coherently on the teleprompter. He doesn’t even seem familiar with the material he reads, so I’m not sure he’s even proofreading or debating his scripts before hand. He was selected to be a front for Democratic party insiders, no more, no less. It’s sad to see this guy show up, read his statements (badly) and then turn and shuffle away silently from the press, knowing he’s incapable of any coherent spontaneous debate.
If all these kids think that cursing is debating, then they are just as much pawns as Biden is.
I was listening to 101.5 the day after and someone from Manville was complaining they just moved in from NYC and bought memorial day. Apparently, they had no idea anything like this could happen.
Lots of folks learned the hard way. There was a nonsense flip in my brothers old neighborhood, lipstick on a pig remodel. Shit job. NYC buyer paid way too much.
Brand new finished basement completely hosed. New boiler/hw, hosed. Washer/dryer, hosed.
Heard from some old neighbors the new owners were shocked that it could happen, had no idea. Everyone else was like, you don’t know this happens every few years? Why on earth would you carpet your basement, that’s idiotic.
I’d call them idiot flippers for removing what looked like half the windows from the house, but the place did sell.
Huge, unbroken expanses of siding.
Don’t buyers check maps before they make an offer or type the name of the town and flood and do a search before they even look at a town? Why buy a house in a low lying area bordered by 2 rivers? And those houses shouldn’t be rebuilt. Buy the owners out and tear the remains down. It’s going to happen again within a few years. Isn’t this the 3rd or 4th time in 20 years for Manville? Flood insurance should be for 500 year floods, not 50 month floods
“Mortgage company knew about the flood zone designation for sure, the realtor for sure, the homeowner for sure…”
I’ve wondered if it is a generational thing….seeing the same lackadaisical attitude toward diligence other major aspects of life, including employment…..”I did this, therefore that must happen”.
Yeah, not.
I often wondered if there was a certain amount of overparenting now rearing its head in this decision making….did mom and dad so clear all the brush out of your way that you didn’t realize that desired outcomes are most certainly not simply assured?
I used to always pull flood maps for clients, even for properties not in flood. Lots of insight into how near properties were to official flood zones, etc.
If something is not officially flood – that is requiring flood insurance – it’s fair game. Well, unfair game.
Like Eddie always says, inspect the basement, look for water marks on the foundation. Sellers disclosure is bullshit, always.
Newly remodeled basements – dead giveaway.
Sorry, wrong municipality…was thinking of that huge one under construction about a year ago that went up, we discussed it on here….googled but couldn’t find it, too many with the same headline since then!
Like this…https://6abc.com/fire-new-jersey-in-bound-brook/5844184/
There was a big condo fire in Edgewater some years back.
People that buy in flood zones are cheepos. Now they understand the idea that you pay for what you get. There is a reason it’s much cheaper…
What’s the going rate for a house across from ping pong palace?
The house across the street from me recently sold for 1.35. How much the house across the street from you go for?
With or without columns?
Pumps: A little empathy would not kill you. If your facts and circumstances were different
Pumps: A little empathy would not kill you.
POP
5:03 you gotta be sportin’ at least 5 inches to buy there.
The Pumpkin Palace adorned with it’s roman columns that people slam the breaks on to gawk at is quite the place…. sold for $644,900 in 2005 and then $650,000 in 2011. It’s mighty tax bill of $18,516 keeps out the undesirables those “poor” unwashed people who cannot afford to buy anything near the haughty Wayne hills and Pines lake area schools.
If you are lucky enough one day to venture down the hamburglar turnpike ( yes the McDonalds character) on a Saturday afternoon you might be lucky enough to rub elbows in the produce section of Stop n Shop with Pumps himself, who is know to be in there squeezing all the melons so they are discounted at checkout just to save a few nickels for his taxes..
4:54 what is Lincoln Park for 300.. !?
Pumps- remember the sixth commandment now, do Do not covet the slaves, animals, or anything of thy neighbour….
Pumps new neighbor is basically across the other side of the train tracks.. That 1.34 million dollar 6 br 8 bath McMansion with $31,264 in taxes a probably looks out his window hoping that some flipper flopper will come along and take a wrecking ball to the Pumpkin palace to build another great American made McMansion to rival his own tax bill, the whole neighborhood needs to be flipped.
Edgewater, yup. Confused it with Bridgewater.
Juice,
I basically moved into a turn key brand new home for 650k in 2011. 10 years later, do I regret it? Nope.
You guys can rip into my house all you want. Im still proud of my home. 10 years and haven’t had to do really anything on the house. She’s been good to us.
Seen a lot of crazy wildlife at this house. Watching a hawk try to catch a baby squirrel with my daughter (squirrel escaped). It was cool. We have helped a snapping turtle cross into the pong property twice. Past year I have video of a bear, coyote, and fox. The coyote was huge. Usually, they are not that big, but this thing was more wolf like.
Here’s a scene from Pumpkin’s front yard playing with the woodland critters at Christmas time.
https://youtu.be/hulS6xlnvNA
You heard it here first: the brilliant @CathieDWood will be in conversation w/our very own @TomKnightSynBio at Ferment this October. We’re excited to talk cell programming, disruptive innovation, & the future of synbio. (You can also RT this to enter our ticket raffle!) #woodgang
https://twitter.com/ginkgo/status/1435635248482725891?s=21
SRNG is one SPAC I own in common with CW…..coincidence, not intention.
Need to decide what I’m doing…redemption rights at par expire 10am on Friday…I like the company, and more importantly potentially the setup. Problem is CW has shown herself to be a bagholder in these types of situations so her involvement has me less inclined to stay in…..
Smalldik calls going to Butgers “a football game”..hilarious. They are terrible, have obnoxious fans, wear dumb red hats. He fits right in, of course.
Bad news, Sahara was trashed. All their appliances were dumped outside. Manville looks like a warzone with all the stuff on the side of the road.
I was in Wayne on Saturday. I shoulda stopped to take some pictures of columns.
Now these are columns!
https://goo.gl/maps/z5KkYvDUvheynKwA6
Lib: That is one ugly house all around. But it certainly does have columns!!
Lib, that house looks like it could be the next Pump’s Palace. The thing that sticks out in my mind is the driveway is trashed.
Jcer: Might be new construction and drive way last to be done. One thing for sure in my mind in the future no one will look back on the age of Mc Mansion building as a classic era in design and construction of single family homes.
My cousin bought a condo in Hackensack in 05 for $295k. He just sold it this year for $283k. The taxes are 6800 on it. Between interest, taxes, and the cost of selling, that was a tough one to swallow.
That exterior reno was performed about 5 years ago.
BRT Massive multi family construction right now in Hackensack, some are definitely rentals, others may be condos . There must be about 15 separate construction projects going on right now. They are marketing it as Hoboken north , with the tag lol me me in “”The Sack” . That tagline is just so bad in so many ways.
Lib: No money for the driveway?
Love me some White Manna burgers. Used to go there when I was 5 while my dad played tennis at Oritani. Brooklyn’s is also a great spot for pizza. Coach house was our 2 am spot 20 years ago.