From the Star Ledger:
Older workers in N.J. have new protections to help them find a job, get promoted
In response to an increasingly older workforce and retirement ages, on Oct. 4, 2021, Gov. Phil Murphy signed a bill expanding the scope of the New Jersey Law Against Discrimination (“LAD”) by eliminating decades-old provisions that permitted employers to make age-based employment decisions in certain circumstances. This legislation seeks to serve the laudatory goal of protecting older workers against workplace discrimination in the Garden State.
For private-sector employers, this legislation amends the law to extend protections to older workers by eliminating a provision in the law that permitted employers to refuse to hire or promote employees over 70 years of age. It also expands the remedies available to an employee unlawfully forced to retire due to age to include all remedies available under the law, as opposed to just back pay as was the case pre-amendment.
Originally enacted in 1945, the Law Against Discrimination did not originally include age as a protected category, and it was not until 1962 that the law was amended to include age. However, in 1985, the law was amended to expressly clarify that, although employers were barred from terminating or demoting employees on account of their age, employers were nonetheless permitted to “refus[e] to accept for employment or to promote any person over 70 years of age.” Moreover, that same 1985 amendment expressly limited the remedies available to employees forced to retire due to age to back pay only. Although New Jersey continued to both broaden the law and expand the number of groups subject to its protections, for many years, age was relegated to second-class status.
Foirst
Vax rate falling off a cliff in NJ again.
We had a great 10 week stretch of increasing vaccines, past two weeks have been declining aggressively.
This proposed legislation in Florida is equivalent to Germany passing a law forbidding teaching about the Holocaust.
Irish statesman Edmund Burke is often misquoted as having said, “Those who don’t know history are destined to repeat it.” Spanish philosopher George Santayana is credited with the aphorism, “Those who cannot remember the past are condemned to repeat it,” while British statesman Winston Churchill wrote, “Those that fail to learn from history are doomed to repeat it.”
https://amp.usatoday.com/amp/6583928001
The south never really got over the war of northern aggression…
Grim,
People who support this type of legislation to suppress truth about history to protect themselves from “discomfort” are the ultimate snowflakes!
Binax kits now in stock again at Walmart online and stores. Apparently health insurance will pay, now up to $24 for 2 kits 8 kits per person per month. My prescription plan says to show insurance at the Walmart Pharmacy to get the kit for free. Not sure how to order online yet using insurance, looking into it.
My son is home today, cough and low grade fever. Going to test him later today to be sure.
It’s a really stupid proposed law. But it’s true that individuals shouldn’t be taught to feel guilty about actions or events that they didn’t participate in, based on sharing similar skin color or genitalia. But no law should ever be about “hurting the feelings” of anyone.
CRT is not history. CRT is a racial hatred narrative that attempts to use a debunked revisionist history as the intellectual basis. One of the thought leaders of CRT and 1619 thought the civil war started in 1865.
As far as banning racial hatred propaganda, I have no problem with that. Why go backwards on racial reconciliation just to appease the efforts of racial Marxists.
One of the conclusions of CRT is that America from deep seated systemic racism. We know that Asian women have the highest incomes. That’s certainly an inconvenient fact. Draw your own conditions about recent tragedies in the news.
I can’t imagine how my last comment got stuck in moderation.
According to crt, math is racist, nuclear families are racist, achievement is racist, self discipline and delayed gratification are racist. It’s all Marxist rubbish. The sooner it’s added to the scrap grip of history the better.
GOAT,
Critical race theory is an academic framework that examines if, and how, systems and policies perpetuate racism.
Perhaps you should understand what you are talking about before opening your mouth? Why are you so sensitive about teaching factual history?
Direct question, should Germany stop teaching about the Holocaust?
I’m fine with that definition as long as you accept it has a predetermined conclusion.
Start the lesson off by saying that Asian women have the highest incomes and let me know how it goes. The purveyors of the trash are all cultural Marxist. There’s nothing critical about it at all. It’s propaganda.
We know that Asian women have the highest incomes. That’s certainly an inconvenient fact. Draw your own conditions about recent tragedies in the news.
What is the tragedy about Asian women having the highest incomes? That they pay more in taxes?
Or is it this Asian woman?
https://youtu.be/nzBne6HRdn0?t=86
According to crt, math is racist, nuclear families are racist, achievement is racist, self discipline and delayed gratification are racist.
Is this sarcasm, or drama?
Show this to your sons. Five minutes of fun in the bedroom can equal a lifetime of hell for them.
From an article in the WP. Young man just trying to be a dad, look what he goes through, they don’t even discuss what he pays in legal fees.
1. She, her mom, and grandmother, decided the child would belong to them and them only. Eff daddy, he can send a check.
“Even though she was just 17 and a child was in neither of their plans, they didn’t consider an abortion. Jordan wanted to try to make the relationship work. Ashlyn felt firmly that she had to move on and be a parent alone. Her family was supportive of her decision. The plan was for her to move into her grandmother’s basement, get help with raising her newborn from her grandmother and mother, and eventually pursue a career.”
2. Don’t be around, eff you, pay me.
“When Ann was born in February 2014, Jordan respected Ashlyn’s wish that he not be in the room. He anxiously paced outside, waiting for news, and then gave mother and daughter time to bond alone before he went in to see them. His presence stressed Ashlyn out, though she knew it was only fair for him to be there.”
3. My baby, not yours.
“she left his name off the birth certificate. Ashlyn hoped he would eventually accept his role as a secondary parent.”
“I kind of had a picture in my mind of like, maybe he’ll just go away,”
4. Dad has to fight for custody.
“Jordan only became more committed to establishing his place in Ann’s life. He immediately asked for a DNA test to establish his paternity, as he was instructed by the lawyer.”
5. Beech
She doesn’t get what she wants, claims child was molested. (been there, done that). Sorry Jordan, that was no accident, it was planned. Enjoy your legal bills.
Ashlyn and Jordan’s tense arrangement eventually fell apart because of an allegation that both now believe arose from a misunderstanding. One December day in 2016, when Ann was 2 years old, she made a comment suggesting that Jordan had been touching her private areas. Ashlyn immediately called him to relay what Ann had said. Jordan said he had no idea what Ann was talking about. His daughter was still learning to speak in full sentences, and he was sure Ashlyn had misinterpreted what Ann was saying.
Ashlyn had Ann evaluated by a doctor and social worker, who expressed concern over what Ann had communicated but found no physical signs of abuse. For a few months, the parenting arrangement continued as usual. But the incident was still picking at Ashlyn, so she asked the state Health and Family Services agency to file a petition alleging abuse, requiring that Jordan have no contact with Ann while an investigation was being conducted. Meanwhile, Ashlyn took action in court to modify their parenting arrangement, claiming domestic violence.
6. Poor Me. Claiming to be a victim, when just a run of the mill narcissistic female.
Worried about daughter’s safety? Don’t believe that for one minute. Take a lie detector test, or get on valium/anti-depressants. It’s not the “system” forcing you to do anything, it’s you, your mommy and grandma coaching you. The system isn’t making you remain anywhere, you all are.
“Ashlyn was feeling torn. On one hand, she thought the case had gotten out of control and that the entire system was forcing her to remain entrenched in her position to win custody. On the other hand, it seemed like she was being punished for fighting for sole custody, even when she worried that her daughter’s safety was at risk.”
Now, give this man custody, and pay his legal bills.
Patriarchy my azz.
https://www.washingtonpost.com/magazine/2022/01/18/states-are-increasingly-considering-equal-shared-parenting-custody-cases-this-young-kentucky-couple-serve-test-case/?itid=hp-top-table-main
Old realtor says:
January 20, 2022 at 9:24 am
“Critical race theory is an academic framework…Why are you so sensitive about teaching factual history?”
You must be really naive. CRT has absolutely nothing to do with teaching factual history and everything to do with settling scores. It’s the path that this country has been going down since Oblama encouraged everyone in this country who is not a white male to feel aggrieved and to act on those grievances. It might feel good (to settle a score), but it’s a dangerous road and will tear this country apart if we don’t stop.
According to some dumb asian chick trained in CRT (see below), the patriarchy pushed that asian woman in front of the subway train. By inference, all men are guilty of that crime. Well, maybe except for that crazy black guy who pushed her, he was a victim of a system of racial oppression after all, so cannot really be blamed. Also cannot blame a NYC bureaucracy who just lets crazy criminals walk the streets, they are resisting the cycle of oppression after all.
https://www.conniewunphd.com/
Ph.D. in Education from UC Berkeley
Rather than passing a law that says Connie Wun isn’t allowed to hurt someone’s feelings by preaching this BS, the government should just stop funding this intellectual corruption. Namely by getting out of the education/propaganda business.
Going to delete a bunch of comments in a minute.
No One,
Is it CRT, or a radical form of feminism that is the problem?
Sorry, but I’m not responsible for some lady being pushed in front of a train no matter how many feminists try to blame me for it.
Fixed it No One, dialing back the blacklist word list as the spam robot learns to clean up.
No One and SGC,
The proposed legislation has nothing to do with CRT. The proposed legislation is about protecting the White people’s feelings. You two make it clear that a lot of White people are very sensitive to truthful history being taught to their children. Curious how the baseline of “discomfort” is defined. We wouldn’t want you or your kids to be uncomfortable with history.
Just get the balance right: https://youtu.be/zfiISFiozg8
Old Realtor,
The law could also protect black people’s feelings. Any law that’s based on “protecting feelings” is a terrible law because anyone can claim their feelings are hurt about anything someone says or writes and all it does is let crybullys shut down free speech.
Which shows how dumb those state lawmakers proposing this are. Pass a law about protecting feelings and it would be fully exploited in due course by the already rampant anti-free speech snowflake, safe-space crowd.
Not a matter of law but of ethics – it’s definitely wrong to tell an individual that they share in the blame or guilt for an action in which they didn’t participate. To say that someone shares in the guilt of another just because of being born with the same skin color, nationality, gender whatever collective you come up with, is racist and unjust in the extreme.
We are better in many many ways than what is being taught in some other school systems around the world, especially in the more traditional countries where rote learning and memorizing “facts” is the only way learning is allowed. We allow our students of any background to reason and think critically, that is missing in many parts of the world.
There is also nothing wrong with teaching theory in schools. However with any kind of theoretical proposal there is a time and place for it. We do not be teach theories about one dimensional space/time objects that propagate and interact with each other to students in elementary school and really high school either. It’s a complex subject, it should be first thought of in the context that it is only a theory and then taught only to advanced students who may be able to understand and debate it’s merits, because learning about spin and quantum interference before someone has even learned about general relativity is a waste fore sure they will never understand if they not gotten though the background work behind it with most of it being only thought up in the last 100 years.
Same really for any thought and theories about social constructs and how they came to be today and how they were in the past, nothing wrong with teaching a theory but really only when the students have reached a level where it’s appropriate.
Phoenix,
Thanks to the concept of “intersectionality” they get to throw all the isms they like into a pot. They get bonus points for stacking racism and sexism and transphobism and classism together in CRT. Creates a big tent of victimhood.
Ex
Galaga. Fun game.
No One,
Victimhood is fine when you are an actual victim. But when it’s your “perception” vs reality-that’s where you have a problem-especially when combined with a legal system that reacts to “perceptions.”
My kid is at my place. Kid tells me, it’s hot in here. Thermostat is 78, but I’m not hot. (lack of sleep does this).
I tell her, you are correct, it’s hot in here, I perceive that it’s cold.
Only one of us is correct. If you believe in logic.
And plenty of such “perception’ is outright lies or never happened at all. That’s even more vile than defective perception.
From O’Biden’s speech yesterday:
“Only a couple of things would he do differently, he said. He would seek advice from “academia, editorial writers and think tanks.” That will really give him the pulse of the American people.”
Of all the blather the demented one said yesterday, this above made me groan and laugh the most. He’s going to seek advice from academia, editorial writers and think tanks. That’s going to give him the pulse of American people. This is your so-called president, folks.
The Right’s definition of CRT is so far from what CRT actual is, that trying to debate them on it, is akin to arguing with a drunk.
But that’s fine. Anyone with any modicum of common sense does not need my help to see that they only care about constitutional rights and freedoms when it applies to what they want. It’s a party of dumb hypocrites anyway that has been led astray by a man that grabs women by their puzzies and felt it appropriate to be in the rooms of his teen beauty pageant entrants while they dressed.
Eddie,
I suppose he would do better to seek the advice of the My Pillow Guy?
If he want’s the pulse of America he can just put his hands around the wrist of this forum.
Naw, this forum skews “privileged “
And the teachers take the hit for these bastards.
“State Police Superintendent Patrick Callahan oversees New Jersey’s largest law enforcement agency, with 4,000 employees and a budget in the hundreds of millions of dollars.
For responsibilities that span the breadth of the state, he earned $190,000 in 2019, pay that places him in the upper echelon of public officials in New Jersey.
Yet nearly 1,500 local cops and 115 state troopers actually made more money that year than Callahan. They did so largely under the radar of public scrutiny, in departments with as few as 11 officers.
Among them was a lieutenant in Clifton who pulled in nearly $200,000 in overtime, doubling his salary; a police chief in Bernards Township who added $105,000 to his pay by manning traffic details paid by utility companies; and a Teaneck officer who made $8,300 for hours he didn’t even work.
With little notice, police regularly add tens of thousands of dollars to their paychecks through overtime, off-duty jobs monitoring traffic and a raft of contractual perks, NJ Advance Media found during a two-year investigation into the true cost of policing in New Jersey.
Those extra earnings are in addition to the six-figure salary the average officer makes, which is among the highest in the nation and which already accounts for a significant portion of many towns’ annual budgets. But the full scale of police income has long been all but impossible to track, buried in payroll records that 463 local police departments keep separately.
Today, NJ Advance Media is publishing a first-of-its-kind database that captures every dollar earned by each of the state’s 21,000 local police officers and 2,900 state troopers, an effort that involved more than 700 public records requests and a team of reporters.”
https://www.nj.com/data/2022/01/the-true-cost-of-policing.html
I suppose he would do better to seek the advice of the My Pillow Guy?
Actually, not a bad idea. True Americans that want to preserve our roots would go a lot further than hearing the opinions of those drugged with thoughts of a collective utopia. But it doesn’t matter because if we go full scale s0cialisim, the gap between the haves and the have nots gets wider; dirt, filth and crime gets more frequent and the flames of division become hotter. November 8th can’t come soon enough.
Check out the article on police compensation on nj.com. Sad.
What happened? Did they take away their ability to work 80 hours of overtime weekly to juice their pensions? Or did they take away their ability to retire a couple years early with their accrued sick days?
Attributing the negative actions of a person or group to the entire population of the group with the same melanin in their skin is the literal definition of racism.
Teaching the success and atrocities of the past is critical. Everyone believes this. CRT crosses the line when there is an expectation of current atonement, from children no less, for historical atrocities that they did not participate in.
This isn’t complicated. The CRT pushing idealogues in academia and corporate HR meetings are not the moral superiors they claim to be. In just my personal opinion, the self-anointed champions of the oppressed do not even care for the oppressed. They just despise any person that is more successful, wealthier, happier, smarter, better looking, etc. than they are. It’s a race to put themselves at the bottom of the victim pile. I’ve never seen anyone live a meaningful or even a satisfying life by playing the role of the victim for any long period of time.
Lib – re: “so far from what CRT actual is”
Yes you are correct, there is some complete nonsense being taught in schools by dividing kids into groups oppressors and oppressed. It has nothing to do with teaching obscure legal theory written in the 1980s by lawyers. That actually might be better.
I do have one question for you. Why are you against constitutional rights and freedoms? They actually protect the rights of the minority, you know free speech and all. However apparently our democracy which our President and VP says is now being undermined by a minority now. Can you believe that? Which minority now needs protection? I am a bit confused here. We need to take away the filibuster to protect the rights of the majority? Such confusing times…
At my kid’s former elite private school I observed both the teachers of CRT (and the various other leftist ideas) and the budding students who became immersed in it. My kid tried to stay out of it as much as she could.
At the moment being trained in CRT and associated social justice stuff like DEI is a huge career boost in academia. So many schools are establishing new departments, new chairs, new committees headed by these people. Including my kid’s school. They hired a diversity nitwit to be head of school. She herself was merely incompetent and barely a force directly, but she hired and elevated lots of new people and created new committees almost entirely based on diversity and anti-racism. She elevated a teacher who was already known by students to be a scary black racist as head of diversity or some such. Scary because he openly discriminated against and criticized students in class based on their race or lack of race.
The kids were even sadder, I saw a couple of them mature under this sort of intellectual leadership. There was one cult leader guy who was the intellectual ringleader early on. An intersectional victim who nevertheless got accepted into a dozen ivies. There were a number of girls who worked for him in social justice activism. They were very intelligent, but as they continued to obsess over social justice issues they became increasingly angry. At least two had at least one recently missing parent (one a death, the other an absentee expat out of the country). Both were prone to emotional outbursts and requiring mental counseling. So they transferred their rage into a rage against society and classmates.
Critical race theory is an academic concept that is more than 40 years old. The core idea is that race is a social construct, and that racism is not merely the product of individual bias or prejudice, but also something embedded in legal systems and policies.
The basic tenets of critical race theory, or CRT, emerged out of a framework for legal analysis in the late 1970s and early 1980s created by legal scholars Derrick Bell, Kimberlé Crenshaw, and Richard Delgado, among others.
A good example is when, in the 1930s, government officials literally drew lines around areas deemed poor financial risks, often explicitly due to the racial composition of inhabitants. Banks subsequently refused to offer mortgages to Black people in those areas.
This academic understanding of critical race theory differs from representation in recent popular books and, especially, from its portrayal by critics—often, though not exclusively, conservative Republicans. Critics charge that the theory leads to negative dynamics, such as a focus on group identity over universal, shared traits; divides people into “oppressed” and “oppressor” groups; and urges intolerance.
Thus, there is a good deal of confusion over what CRT means, as well as its relationship to other terms, like “anti-racism” and “social justice,” with which it is often conflated.
To an extent, the term “critical race theory” is now cited as the basis of all diversity and inclusion efforts regardless of how much it’s actually informed those programs.
The Republican construct of race is pretty simple. Put up or shut-up. If you can’t afford it, you are not working hard enough. The concept that your race makes you less likely to succeed is poppycock. Meanwhile, the entire party is as white as a klansman’s robe.
The Republican construct of race is pretty simple. Put up or shut-up. If you can’t afford it, you are not working hard enough. The concept that your race makes you less likely to succeed is poppyc0ck. Meanwhile, the entire party is as white as a klansman’s robe.
Don’t worry about me. I don’t feel anymore guilty of whites did to their blacks than what German’s did to their Jews. It’s better not to discuss such things, when you are an Aryan German or American.
I left out White (American), but see how easy it was to infer?
The Republican construct of race is pretty simple. Put up or shut-up.
A rather blunt message but way better than the left’s message: Divide and provoke.
Put up or shut-up. If you can’t afford it, you are not working hard enough. We will also Gerrymander your district and suppress your vote, so you don’t have a voice or a choice. If you don’t like it move, but you’re only going to be able to move to an area that is similar to the one you are in.
Lib – The theory is full of all kinds of interesting twists and turns, but at the end of the road leads to only one conclusion on who is to blame. One of the founders of CRT in a recent Oped in the NY Times blames R Kelly getting away with it for sooo long on the sad history of slavery and intersectionality….
“We do not be teach theories about one dimensional space/time objects that propagate and interact with each other to students in elementary school ”
Yes we do. The kid stacks blocks and counts them. One dimensional math. Its a building block thing.
Fab – Who’s Gerrymander?
https://www.northjersey.com/story/news/new-jersey/2022/01/05/nj-supreme-court-john-wallace-congress-redistricting-map-2022/9103302002/
November 8th…
Tick… tick… tick… tick…
Wonder if this bounce in the market holds.
Fab – I did made it a bit easier just for you….blocks is ok but what about the missing block? The theory that the observed universe contains extra dimensions is not something taught in elementary or high school. Same would hold true of why R Kelly is not really a bad guy, you need to add the missing dimension to the conversation to understand how he got away with it. It’s complex and a difficult theory to understand….it’s your fault that is the only conclusion.
Anti racism is pretty simple. It’s racism through and through. Of course there is a veneer of sanctimony.
The condition of crt and anti racism is of course the systemic racism claim. Any system that produces outcomes with a racial correlation is assumed to be a racist system. Except the Basketball of course.
PTON trading halted down 10% after CNBC scooped an internal memo halting production because of lack of demand….
Because an exercycle with an iPad taped to it that sells three years of production over 12 months and still can’t be profitable was ever worth $70B, of course…..
Valuation and entry points matter, even for crazy grandmas (who is not part of this debacle)
Juice @12:39
I think that’s where people’s idea of CRT goes off the rails. In reality, “blame” shouldn’t be applied because the people that did the things don’t exist anymore (in theory). However, the results of what they did DO exist. I’d like to think the idea is for people to gain awareness and understand how their thinking works and perpetuates the existing issues.
Fabius’ last sentence at 12:37 sums up how someone’s own bias or feeling “blamed” wouldn’t see that “put up or shut up” ultimately leads to put up because there’s no other options.
BTW thanks all for the concerns for my mom, she’s back home now and getting physical therapy to increase oxygen levels.
Democrat party is hemorrhaging Latino voters because of their socialism and open borders policies. My guess is that many Asians will file now that BLM has decided to target them as an ally of “whiteness”.
If CRT WAS how the right describes it, I too would be against it. But it’s not. Sadly, every single position must become a wedge issue. There is no compromise. There is no center. Even when an issue should be bipartisan in nature, lies are made about it so it becomes a wedge issue. I am not offended by equity officers. My people could have used a few of them in the SS.
Is there such a thing as systemic racism? Absolutely. It should be discussed and reforms should be put in place to tackle it. But it’s always much easier for the persons in the position of advantage to make believe they are not. This guilt thing reminds me much of the tendency for homophobes to be closeted gays. I’m thinking the guilt is only being felt by the guilty.
Awesome news Lurks.
re PTON
Pull forward demand and inheritance due to the Rona.
Who is next? Perhaps Amazon?
Libturd,
I wouldn’t even call people in that position “guilty”. I’d much rather say the “beneficiary” They aren’t guilty of anything, they’ve just benefitted from the systems that came before them through no doing of their own. I think ascribing guilt is how things went crazy.
AMZN has earnings….heavy value, but earnings.
Look for other maybe-one-day-we’ll-be-profitable companies…
Also, Lib, got to get you up on options….wrote 98 puts for tomorrow at $10.00 for 0.10 right when I posted (partial fill offered 250). Just closed at 0.02. $780 in less than 30 minutes in as close as you will come to a riskless trade….
Buddy did 1000 0f the 3P for 0.025….$2500 overnight for stating PTON won’t decline 90% in 24hrs, basically remain solvent.
I’d call it a dead cat bounce Pumps, but it looking more like the vet is simply giving the kitty a little morphine before putting it to sleep.
I don’t know if you follow TA at all. If you do, the level the NAS is at currently is critical, If it continues to close lower than 14.5, the next resistance level is all the way down at 13. If 13 doesn’t hold, next support is at 11. That is where I’m guessing we’ll bottom out.
https://yhoo.it/3GMpJFb
Lib: I can view some of CRT as making sense in some respects. NJ is one of the most liberal and yet segregated states in the country. Why? Many residents including the most liberal don’t want low or moderate income housing in their towns and zone accordingly. Why? They are concerned about property values, low and moderate income residents will bring down their property values and crowd their schools. So, I would say zoning to keep out low and moderate income residents could be deemed to be racist as well as elitist or classist.
I think liberals can be just as hypocritical as Conservatives, the problem I see is that they won’t admit it. At the end of the day they won’t support anything that could negatively impact them financially. I can understand that , but how can Liberals scream about racism or CRT when at the end of the day bottom line, they are just as racist. They don’t seem to see the contradiction.
There is a weapon that we can use….
in our defense….
silence….
https://www.youtube.com/watch?v=QhVhK-VVeXo
Ex says:
January 20, 2022 at 10:05 am
Just get the balance right: https://youtu.be/zfiISFiozg8
Ever consider NJ is being gerrymandered as we speak?
….. and I know one of the committee members who is now in private practice and their company will be benefitting TREMENDOUSLY from liberal and progressive activists who will be shaping policy. The nicest person, but I guess it is kosher to enrich yourself when you have moral righteousness.
Fabius Maximus says:
January 20, 2022 at 12:37 pm
Put up or shut-up. If you can’t afford it, you are not working hard enough. We will also Gerrymander your district and suppress your vote, so you don’t have a voice or a choice. If you don’t like it move, but you’re only going to be able to move to an area that is similar to the one you are in.
Your final paragraph couldn’t be more spot on.
Beyond the emotional and psychological impact to young people (who are being programmed to short circuit, then ultimately crash and burn), these activists view the world through a jaundiced prism of a finite pie. They don’t understand that we are supposed to increase the size of the pie together.
Clown World says:
January 20, 2022 at 11:32 am
Attributing the negative actions of a person or group to the entire population of the group with the same melanin in their skin is the literal definition of racism.
Teaching the success and atrocities of the past is critical. Everyone believes this. CRT crosses the line when there is an expectation of current atonement, from children no less, for historical atrocities that they did not participate in.
This isn’t complicated. The CRT pushing idealogues in academia and corporate HR meetings are not the moral superiors they claim to be. In just my personal opinion, the self-anointed champions of the oppressed do not even care for the oppressed. They just despise any person that is more successful, wealthier, happier, smarter, better looking, etc. than they are. It’s a race to put themselves at the bottom of the victim pile. I’ve never seen anyone live a meaningful or even a satisfying life by playing the role of the victim for any long period of time.
If Peloton goes under and shuts their service off, Affirm is completely f*cked, those guys underwrote the entirety of Peloton growth through financing, likely well more than a billion dollars in unsecured debt. I heard something crazy like 90% of the machines were financed through Peloton, it was a key part of their strategy. No worries though, they were probably bundled up, collateralized, and sold off to idiots.
Here is an interesting read as a follow up today. Jordan Peterson a controversial Canadian speaker is now no longer a tenured teaching professor at the University of Toronto.
https://nationalpost.com/opinion/jordan-peterson-why-i-am-no-longer-a-tenured-professor-at-the-university-of-toronto
Higher bonuses handed out this week across Wall Street came with a warning: Don’t get used to it.
https://www.wsj.com/articles/on-wall-street-bonuses-are-up-but-the-mood-is-not-11642696264
Zero Down, Zero APR….and BTW credit scoring is wacist..Affirm is losing what a 400 million a year already. They are pre- profit for sure.
What could go wrong….
I don’t have peloton, but it’s a shame, it’s a solid product. My brother enjoys it as does my brother-in-law. Hope it gets bought out by Apple or the likes.
Peloton was a solid product, what a shame. Maybe Apple or the likes will buy them out.
Do you want to play the Gerrymandering Game. There is an actual game and the guy has put up $7K if you can come up with a map that favors the Dems in WI.
https://www.vox.com/policy-and-politics/2018/4/2/17173158/democrats-gerrymander-segregation
Pumps – further down the article.. pure gold..
“Jefferies gave its most-junior employees a choice of gifts including a Peloton bike”
JEF Put Options anyone…..
Pumps – Apple does not usually buy big companies, big acquisition does not seem to be not part of the company’s DNA. Last really big deal was BEATS a decade years ago.
I have no clue how Peloton could lose money? The bike was like $1,800. Then there’s the $39 month fee. I didn’t even realize you could finance the bike.
I know their treadmill was an absolute disaster in engineering, but come one. Every time I take a class, I’m like the 300,000th person to take it. With numbers like that, how the heck can they be losing. Did EVERY SINGLE BUYER finance the bike? And if so, they should be making even more money.
I’m guessing there are an awful lot of overpaid executives at this company. Time to dig.
Looks like people are starting to tire at buying the dips.
No mining in mother Russia for you…
Russia’s central bank on Thursday proposed a complete ban on crypto mining and trading.
Lib In other news I have Covid again, or I should say it’s officially confirmed this time. They can’t tell if it’s the original infection and the symptoms came back or a new nose me. My wife and I were coming out of the first one, just had fatigue. Monday morning the various symptoms came back again.
I went online yesterday to check the status of the one I took on 12/29, and they uploaded it, but don’t have results yet. My wife got the tests for us today with Valley Health, nose swab and both came back positive. Cough, sneezing, runny nose, and of course fatigue. Symptoms come and go.
In case you missed it, Mitch McConnell said the quiet part out loud last night: “African-American voters are voting in just as high a percentage as Americans.”
https://twitter.com/MeidasTouch/status/1484133615361351682
Lib – They seems to have peaked last march pre-vaccine for the masses.
Interesting stat they have a huge payroll in the US alone 6,743 and only 51 of those are instructors.
https://backlinko.com/peloton-users
Boing!
3b – hope it is a mild as the news says it is..Get better soon….
Yup, psychology of the market seems to have swayed. Who knows though if it holds.
Libturd says:
January 20, 2022 at 3:09 pm
Looks like people are starting to tire at buying the dips.
Executive pay looks insane as well as their stock options. Lots of red flags in their 10-Q. Not sure why they bought out Procore (or whatever they were called).
They should be printing money. Like most, they don’t focus on their core competency and are trying to be everything to everyone. Seen this story repeat many times.
Feel better, 3b. That’s awful to get it again.
Peloton at one point had around 1,000 customer service agents taking phonecalls, orders, providing account support, billing, etc etc.
Also, keep in mind they were running their own distribution, logistics, and installation. There were hundreds of employees doing deliveries and setups in major metros, it was a huge portion of the employee base.
Fed’s crypto paper is out. They don’t take any stance on it, but hints only a Central Bank Digital currency would be allowed to replace real money.
https://www.federalreserve.gov/publications/files/money-and-payments-20220120.pdf
3B,
That blows. Hope you heal soon. I hate being sick!
G0d bless Kyrsten Sinema and Joe Manchin.
Juice, if there is a missing block, then they have two lines. After they count the blocks, then the train leaves the station. There is lots of fun to be had in one dimension.
Math has a race issue that ties straight back to CRT. While you will have the Will Hunting outliers from the wrong side of the tracks, in my area you don’t have to go far to find a Mathnasium, Sylvan, Kumon etc. In fact in every facet of learning, doors will open if your parents can throw cash at it. Look at 45. Who took his exams?
I went to my kids school concert. I calculated that the string section was probably north of $250K in lifetime lessons. Second chair had a Julliard sticker on her case. A lot more than just practice and talent went into getting that sticker.
CRT is cr@p full stop. There is so much garbage taught as a result of DEI programs it’s not even funny and the negative effects are mostly against the minorities. More inconvenient than Asian women is the economic success of African immigrants. You see skin color is not the determining factor in economic success but rather a broken broken societal structure that is common among the poorest Americans of all races.
The actual “Critical Race Theory” is demonstrably false(and immoral) and is way too ready to view everything through the lens of race. Yes there certainly are laws that intentionally had disparate results based on race and then there are others that unintentionally have disparate results. What CRT advocates is very harmful and a rejection of true liberalism, it codifies defacto segregation of the population.
You want to teach the reality, people are $hitty and tribal. If anyone studies real history they know this. Look at Haiti after fighting a bloody revolution to rid themselves of the french they took over their neighbor(Santo Domingo) and brutally mistreated whites and those with significant white ancestry which was a large percentage of the population. The idea that there are oppressors and the oppressed and this is somehow based on fixed races is absolute fallacy. Those with power will maintain power and humans will naturally group themselves into “tribes”. Sometimes it is not based on race at all but rather religion and people will do horrible things to people who look similar and speak the same language but have a different religious tradition(bosnians and serbs).
3:46 https://youtu.be/p554R-Jq43A
This is scary reading. Jan 6th was the death of democracy in this country.
https://twitter.com/knhansenmd/status/1484000992647696390/photo/1
But at least Nepotism Barbies very bad week continues. Yesterday the NYAG drop and today an invite to talk with the Jan 6th committee.
Juice I thought Peterson had a breakdown and was seeking treatment.
“Not least because there simply is not enough qualified BIPOC people in the pipeline to meet diversity targets”
Why do you think that is Jordan? Bit of a self own there.
Fab, give it up they have nothing on Trump. What they are accusing him of is SOP for real estate developers, I’m sure he has independent appraisals or opinions for the valuations used they ALWAYS use a high valuation for financing to maximize the amount they can finance and a low value for taxation purposes.
Ex the best XTC song should be Donnies MAGA anthem!
https://www.youtube.com/watch?v=5Da9sc6YDBo
When their logic grows cold and all thinking gets done,
You’ll be warm in the arms of the Mayor of Simpleton.
I can’t have been there when brains were handed round
(Please be upstanding for the Mayor of Simpleton),
Or get past the cover of your books profound
(Please be upstanding for the Mayor of Simpleton),
And some of your friends thinks it’s really unsound
That you’re ever seen talking to me.
Yes Gary, they are the Joe Lieberman’s of this generation.
https://twitter.com/NoLieWithBTC/status/1484227488989466632
JUST IN: Kyrsten Sinema’s favorability among Democrats in Arizona has fallen to a new low of 8 percent. 80% of Arizona Democrats view her unfavorably. (
@civiqs
)
“More Americans disapprove than approve of how Biden is handling his job as president, 56% to 43%. As of now, just 28% of Americans say they want Biden to run for reelection in 2024, including only 48% of Democrats.”
Build back better. LOL!
Still better then dimwit Donnie –
This article just makes me puke over and over. Then teachers get all the hate.
“In Plainfield, Lt. James Abney and Sgt. Leslie Knight were charged in 2014 with filing false time sheets for overtime and off-duty work, netting them a combined $11,000. But Abney’s case was thrown out after his lawyers argued a convoluted and disorganized payroll system was to blame.
Abney was reinstated in 2019 and received backpay from his suspension. That made him the highest paid cop in New Jersey in NJ Advance Media’s analysis. His gross income in the year? More than $538,000, and he was later promoted from lieutenant to captain before retiring last year.
In an interview, Abney said the payout doesn’t account for the hardship he endured as an officer accused of a crime. During his long suspension, the only job he could find paid just $30,000 to $40,000, he said — a pittance of what he made as a cop.
“I went for almost a year where I was unemployed and I didn’t make anything,” Abney said. “I survived because of family and friends and people who cared for me and knew that I was innocent.””
https://www.nj.com/data/2022/01/the-true-cost-of-policing.html
In Plumsted in Ocean County, K9 Officer Ryan Nani earned more than $166,500 in 2019, tripling his $56,000 salary thanks to extra details and overtime. That was through some eye-popping hours, though his department has 16-hour limits.
On Aug. 16, 2019, Nani had an out-of-town extra duty job that stretched from 7 a.m. to 7 p.m., timecard records show. Immediately after, he started a 12-hour shift at the department that ended at 7 a.m. the next day.
That’s 24 hours in a row, and was one of five occasions in 2019 in which Nani was recorded working an entire 24-hour stretch. On four other days, Nani was credited with working 23 hours, and there were eight instances from 19 to 22 hours in a day.
Plumsted officials declined to comment. Nani did not respond to a request for comment.
EDITOR’S NOTE: This story is part of The Pay Check, an in-depth look at every dollar earned by 24,000 law enforcement officers across New Jersey in 2019. Find the full database here: The Pay Check.
State Police Superintendent Patrick Callahan oversees New Jersey’s largest law enforcement agency, with 4,000 employees and a budget in the hundreds of millions of dollars.
For responsibilities that span the breadth of the state, he earned $190,000 in 2019, pay that places him in the upper echelon of public officials in New Jersey.
Yet nearly 1,500 local cops and 115 state troopers actually made more money that year than Callahan. They did so largely under the radar of public scrutiny, in departments with as few as 11 officers.
Among them was a lieutenant in Clifton who pulled in nearly $200,000 in overtime, doubling his salary; a police chief in Bernards Township who added $105,000 to his pay by manning traffic details paid by utility companies; and a Teaneck officer who made $8,300 for hours he didn’t even work.
With little notice, police regularly add tens of thousands of dollars to their paychecks through overtime, off-duty jobs monitoring traffic and a raft of contractual perks, NJ Advance Media found during a two-year investigation into the true cost of policing in New Jersey.
Those extra earnings are in addition to the six-figure salary the average officer makes, which is among the highest in the nation and which already accounts for a significant portion of many towns’ annual budgets. But the full scale of police income has long been all but impossible to track, buried in payroll records that 463 local police departments keep separately.
Today, NJ Advance Media is publishing a first-of-its-kind database that captures every dollar earned by each of the state’s 21,000 local police officers and 2,900 state troopers, an effort that involved more than 700 public records requests and a team of reporters.
The Pay Check: Database | Glossary of Terms | How We Did It
Across New Jersey, the average officer made $123,239 in 2019, the most recent year before the disruption of the pandemic. That’s far higher than has previously been disclosed because the state only publishes data on officers’ base salaries — the earnings on which their pensions are based — understating law enforcement’s real price tag.
The review revealed an opaque system of pay that, in departments with lax oversight, permits the most enterprising officers to work exceedingly long hours with little upside to public safety. The investigation also showed potential abuses — officers who put in more hours than their department’s anti-fatigue policies allowed, and officers who were double paid for working extra shifts while already on the clock.
Statewide, 104 cops earned more than $250,000, 13 of whom exceeded $300,000.
Income was the greatest in high-cost North and Central Jersey — particularly in Bergen County, where a typical officer’s compensation reached $151,000. In the highest paid departments, average earnings topped $180,000, on par with a school superintendent.
Of those dollars, 20% came outside of an officer’s regular pay, usually through taxpayer-funded overtime and through off-duty details, in which third parties hire uniformed cops to provide services such as traffic control or security.
But in some departments, the gap was even more striking: In Emerson, officers on average added more than $74,000 to their salaries in 2019. In Plumsted, officers doubled their pay.
And for the highest earners, their sheer number of hours was often staggering: By loading up on extra shifts, there were cops who recorded workweeks of 100 hours or more, or who worked for weeks at a time without a day off. One officer was credited with working 24 hours straight on five occasions.
For this project, NJ Advance Media conducted 59 interviews, including with law enforcement officials, municipal managers, finance directors and experts on policing. It sought comment from dozens of others, including every police officer named in this article, as well as their police departments. If they responded, their comments were included.
The accounting — which captures $2.94 billion in spending — comes as New Jersey continues to try to rein in public-sector benefits that drain government coffers and spur the highest property taxes in the nation. Police now account for as much as 40% of some municipal budgets, which critics charge peels resources from other public needs.
“Somewhere down the line, these towns have to have the will to understand and see that you have to have a greater imagination about what public safety is,” said Jason Williams, a professor of justice studies at Montclair State University. “Because otherwise they’re really just wasting the money.”
Patrick Colligan, the president of the New Jersey State Policemen’s Benevolent Association, said he makes no apologies for the money cops make. Officers miss Christmases, work midnights, notify relatives of loved ones’ deaths and risk their own lives to protect society, he said.
“I’ll say quite simply, you get what you pay for,” Colligan said. “If you want a mall cop driving around in a car, pay $20 an hour.”
Police unions and chiefs say police departments already have trouble recruiting enough officers and insist it would only be harder if compensation were cut.
“You can’t keep chipping away at the benefits and salary and get the best of the best,” said Chris Wagner of the New Jersey State Association of Chiefs of Police, a retired Denville police chief. “You just can’t.”
—
Sometimes, it is the department’s own chief who is testing the limits.
In Bernards in Somerset County, Chief Michael Shimsky made $105,758 working off-duty road details. Shimsky logged 863½ hours on them in 2019 — the equivalent of 108 eight-hour workdays.
And that was on top of Shimsky’s $169,000 job overseeing a police force of more than three dozen officers.
OT Police project
“If my regular job were to suffer, I certainly wouldn’t do the other,” Bernards Township Police Chief Michael Shimsky says. “If that work is available to me, I will take advantage of it, and I have.” Shimsky logged 863 hours at roadwork sites in 2019 in addition to his regular duties. Patti Sapone | NJ Advance Media
Outside jobs are among the most lucrative ways for officers to jack up their earnings in a state known for its neverending construction. If you’ve seen a police cruiser parked alongside a utility project, you’ve seen an extra detail.
While the work is paid for by the contractor that hires the officer, it still impacts the public’s bottom line: Details typically involve companies such as PSE&G, Verizon and American Water, which pass the expense onto consumers through higher utility rates.
The side work can be a sizable portion of officers’ paychecks. Indeed, 25 officers in 12 police departments made more money working outside details in 2019 than they did at their day jobs.
Law enforcement officials say the presence of a cop at a construction site helps public safety, since drivers are more likely to obey the rules if police are there. They cast traffic details as a win for officers and taxpayers, because towns take a cut of the fees that contractors pay and officers can put in extra hours to buy a home, raise a family or put a kid through college.
As young cop, Emerson Police Chief Michael Mazzeo remembered, he worked as a roofer on days off to make ends meet. Extra details are no different, and reward officers who are willing to hustle, he said.
In his Bergen County department, the average officer’s total earnings were nearly $175,000, of which less than $101,000 came in salary. Of the extra income, $63,275 was from outside details. But even his busiest officers, Mazzeo maintained, still “performed admirably” in their regular duties.
“I’ve never heard complaints about them,” Mazzeo said. “They do a good job, so what’s wrong with that?”
Still, many police officials acknowledge traffic details are unglamorous, and often minimal. Critics say not all the work can be justified.
“We have dead ends closed, but they still have a cop there,” said Brian Higgins, a former Bergen County Police chief who is now a professor at John Jay College of Criminal Justice.
Others are more scathing.
“On these details, the officers really don’t do anything. They just sit there,” said Seth Stoughton, a University of South Carolina professor and former cop who has researched overtime and off-duty jobs. “So why are we paying those officers for just sitting there?”
Extra details are also largely unregulated, with each town setting the rates that contractors must pay — and wide variation in those fees. And companies have little choice but to foot the bills, since the towns require that when there is roadwork, there is an officer in place.
In Teaneck, officers at construction details are guaranteed at least four hours of pay, even if the contractor uses them for just one hour. If officers work more than four hours, the township’s ordinance guarantees them at least eight hours of pay.
lol, market close is brutal. All my shorts were looking red up to 5% all day and most turned green by the end of the day. All this non-profitable hype stock in tech is going one direction…right to the mean of the beginning of 2020. Some stuff like PTON, way below. Some to zero.
Lib/ Pumps: Thank you both. I am guessing it’s a relapse or round 2 of the original. And I agree I hate being sick.
It’s time for the FAANGs to suffer.
Still standing strong at 30-70. Though getting ready to go back to 40-60 soon.
I know someone who works at Peloton cams on board when the stock was worth $70.00. He said they went crazy hiring over the last year or so.
Grim,
I know they do all of their own logistics. But still, that bike and iPad can’t cost that much, can it?
Lib, did you go inverse funds yet? I’m out of Apple. Everything is cracking. I’m content to sit in cash, inverse funds, and shorts. SARK is paying off nicely. RWM starting to payoff as well.
Fab – University of Toronto has something like 15,000 Chinese students and another few thousands Indian students about 20% overall. There are no Mathnasium, Sylvan, Kumon etc in Shanghai or Mumbai… Their diversity goal for the grad students is only 1% Indigenous, there has to be more to the story than not enough $$$ spent on early childhood education. Perhaps cultural goals are different amongst the BIPOC peoples of Canada? Could that be the case or no everyone should not want to be a plumber or undertaker they all should want to be psychologists and programmers too. Perhaps we should take away their culture and give them the same one the chinese kids have? How would that go over?
“The proposed legislation has nothing to do with CRT. The proposed legislation is about protecting the White people’s feelings.”
Sorry you didn’t get the memo or joke…the legislation is a poke in the eye to liberals’ claptrap over the last decade or so of safe rooms, dictated phraseology, etc.
And a wink to the primary base that this candidate won’t appease the left as do the likes of Neville Romney but rather get up in their grills in the same format and volume.
“Is there such a thing as systemic racism? Absolutely.”
I type with a smirk of knowing amusement but also with some sadness as I like you…
You have an accomplished, strong son. Wait for the college acceptances and you will retain your conclusion of systemic racism, but from a very different perspective.
Your school use Naviance?
Oh, and yes, WHITE son was implied but unstated….
Yes it’s systemic, and in many cases perpetuated by the people that claim to rail against it. The superintendent in my town’s top priority is to eliminate systemic racism. He did the exact opposite by denying a heavily minority populated school of learning nearly the entire year last year while all the neighboring wealthy whiter towns were afforded in person learning all year long. They’ll further enhance achieving “equity” by dumbing down the curriculum.
Man, I might get so lucky liquidating the 401k 100%. I can’t buy back in till February, as I have to wait a month to buy back in. So hopefully downtrend continues till I can buy back in.
So much luck in life, but if this works out, this is huge for compounding in the 401k long-term.
Libturd says:
January 20, 2022 at 5:10 pm
It’s time for the FAANGs to suffer.
Still standing strong at 30-70. Though getting ready to go back to 40-60 soon.
That cop article still has me fired up. Teachers take all this heat, meanwhile these guys are making 190k watching construction workers work. Criminal.
“Peloton CEO says company is taking ‘significant corrective actions,’ puts 2Q revenue in forecasted range”
Anyone remember this DOT COM 1.o era game? Pink Slip Panic.
Hit the play button…
https://www.flashgamesplayer.com/free/pink-slip-panic/play.html
Pumpkin,
You are hilarious Pumpkin, teachers get summers off, every holiday off known to mankind along with sick days that can be banked and personal days to use for anything they want….its personal. LOL
They get paid extra for coaching ( even when they didn’t coach with covid rampant) bus duty, hall duty, lunch duty, the list goes on and on. You are more like a pampered pooch, With pensions that are out of this world…literally! Plus SS when you turn as old as the working slobs.
Maybe you should not worry about the cops , and appreciate crooked politicians like Corzine and Murphy. I am pretty sure most workers in NJ do not have it as well as you and the police. By the way we don’t hate teachers who put their all into the job, we just hate teachers like you! Keep praising your entitled self.
Chi – just caught this one.
Perhaps the last of the old school Hoboken joints closing for a reno…Arthur’s tavern…..
They may even be auctioning off Schaefer Beer sign…
https://www.msn.com/en-us/foodanddrink/foodnews/hoboken-steakhouse-arthur-s-will-close-jan-30/ar-AASYRLR?ocid=msedgdhp&pc=U531
The steaks there were never great but with enough beer it all tasted good.
Teaching is a very decent gig.
There is a downside but the positives generally outweigh the negatives.
I’ve stuck with it for almost twenty years. I loved (tech) sales though.
Was a natural and made decent money there.
6:38 they are the only thing standing between your property and complete and totally anarchy. Without decent policing we’d be really and truly F*cked. One can argue that the school routinely fail their students and still everyone gets a raise each year and the Earth keeps spinning. My old principal once told me confidentially that “most of the teachers at our (9 rated) school were not as good as they thought they were.” Meaning to me that most kids come to school with the tools they need for success. In some places and with some students we see real growth. But I would argue that it’s socio economics that drive that improvement and not the schools and the teachers per se.
Well hell…
https://www.timesofisrael.com/israel-world-1-in-daily-covid-cases-per-capita-exposed-schoolkids-wont-quarantine/
Ex,
Have no problem paying them 100k, but the 100k in OT for watching construction workers work is wrong and needs to end. No way in hell can you justify 100 dollars an hour for that. All you need is the car. You don’t need the cop.
Emperor Murphy said today 1/2 million tested positive in NJ over the last month. He called it a Rona Tsunami…. That is like 1 out of what ever 16 people in the state and the positive test rate is still about 1 in 4 tested.
We don’t have any testing requirement in our school district now, it’s a don’t ask don’t tell policy as far as I can tell. I just tested my son for the second time today both were negative…..It’s no fair no Rona in my house…..I may have to actually LIE that I had it so I am not ostracized like I am some kind of 50 year old virgin…
mandatory quarantine for schoolchildren who were exposed to coronavirus carriers would be scrapped entirely.
Jim,
Like being a cop, location matters. Not all teachers in nj have it good. Just like not all cops have it good. If you pick the right town and location, you very well have it made.
Pumps it’s better simply for the fact that the tax payers are not paying for the extra OT. The PoPo doing traffic duty in NJ is paid by the utilities so it’s all shared expense across the board.
I rather Barney Fife be doing that for extra cash than squeezing in on the local rackets of prostitution, narcotics and protection etc…….It’s really better they are heads down in a patrol car trolling social media for kicks than what happens if they do not have another source of income.
Juice,
Very good points.
Juice: Of all the places I used to frequent back in my GS days ,my favorite was the Post House, on 65 between Lex and Park. It closed a few years back due to changing culinary tastes. It’s probably some sort of fusion place now. The steals and chops were fantastic and the best creamed spinach and mashed potatoes. It was fantastic!
Futures are down 1% already. I am not comfortable shorting this market, though I wish I was. I made a little earlier in the month using TAIL.
I’m sitting in a fairly excellent position at 30/70 and 1/3rd of that 30 is in international, which hasn’t done nearly as poorly as our indexes. I could put my full 70 back in and be ahead of the herd by nearly 20% (10% on the down and again on the back up).
My concern is that the FED will announce they will be delaying either their termination of asset purchasing or their interest rate increases. This will give the market a single day bounce of probably 3%. Don’t want to be short when that happens. And we all know it’s coming. Then market will resume downward bias again as people start to realize that the economy really IS sick and that inflation IS a problem.
And yes Leftwing, Naviance is in use. Excellent tool too. Currently, kid is looking very undeterminably at BU, Providence, UC at SD among a few other places. I really like the San Diego idea. He still has time to figure it out. Good thing I moved his incredibly aggressive 529 into a time target fund late last year. Got first year’s tuition intact.
And I hear you about reverse racism in the ivory tower. It’s real. I experienced it at Montclair State and was able to use it against them when they tried to cut my girlfriend off of assistance after 3 years of Stafford loans. Yes, I threw it back at them. I wasn’t sure if that’s what got the financial aid office to change their minds or my guarantee that she would not be paying back the prior three years of loans if she couldn’t graduate due to being cut off from aid for her final year. I mean, how stupid would that have been?
Lib,
Agree, when she turns, will turn hard. I just pray the FED doesn’t go 180 on their position from this past month before I can buy back in. It is looking like a real bear market though, by the day. We know…the FED will come to the rescue at some point.
With the Catholic Church in Germany, and around the world, facing charges of protecting abusive priests, former Pope Benedict XVI failed to take action against clerics accused of abuse, a Munich Church report has said.
A child abuse report released in Germany on Thursday found that former Pope Benedict XVI failed to act in four cases of mistreatment.
Benedict has denied the report, with a spokesperson expressing “shock and shame” at the findings.
What does the report say?
According to law firm Westphal Spilker Wastl (WSW), which conducted the investigation, Benedict failed to prevent abuse of minors during his tenure as archbishop of Munich and Freising from 1977 to 1982.
“In a total of four cases, we reached a consensus there was a failure to act,” said attorney Martin Pusch, who presented the WSW report.
3B – Since you are not feeling too well here is an old story now out of Hoboken from a Bronx boy.When were were young and free we would head out on a Friday and go to town on food and drink at that old Hoboken restaurant for a few hours catching up on our week. We would then proceed to dance around to the bars and clubs to have fun for a few hours. We were never about trouble just good natured male camaraderie with lots and lots of song and well drink to bring out the song. To me it was like yesterday. I get knocked down, but I get up again you are never gonna keep me down and plenty of other songs..
I can’t really brag about allot of things in life, except for one of them that would not be for too many here to comprehend. For me it’s better than any JJ story ever told. Fact is I hold the record for that the most abandoned hookups with women, yes very true.. I would somehow magically meet a ton of women, and I did not deserve it in my opinion. However as proof the year before I met my wife the women in my shore house voted me the most desirable man to marry and I never hooked up with any of them! For years many women tossed themselves at me and I would decline. They never quite understood me, anyway so I was told by my friends both male and female. Something I learned thankfully early on is that a lover does not equate to love. A very hard lesson for anyone. Hope you and your love are feeling better from the RONA soon…
Lib,
I’ve been riding RWM and SARK for the past 6 weeks. Those face ripper rallies in tech were scary, but stayed the course and now we are much lower. Same with my shorts. I’m short a basket of 20 stocks. Some days, I saw those stocks rally 7% and give it all back 2 days later. The face rippers don’t matter to me. They keep happening and going lower.
HOUSING INVENTORY VANISHING AND BIDDING WARS EXPLODING
On the new Odd Lots, @tracyalloway and I spoke to real estate data master @mikesimonsen about why homebuying is a worsening nightmare in 2022
https://twitter.com/thestalwart/status/1484151044460453890?s=21
Not coming down like I said.
“Two years into the pandemic, rundown bungalows command bidding wars, buyers keep snatching up places they’ve never seen, and homebuilders can’t find enough cabinet doors for everyone who wants a new home. The median price for an American home is up nearly 20 percent in a year. The for-sale inventory is at a new low. And the hopeful buyers left on the sidelines have helped drive up rents instead.
All of this may feel unsustainable — the tight inventory, the wild price growth, the dwindling affordability. Surely something’s got to give.
But what if that’s not exactly true? Or, at least, not true anytime soon for renters locked out of homeownership today or anyone worried about housing affordability. There’s probably no quick reprieve coming, no rollback in stratospheric home prices if you can just wait a little longer to jump in.
“It’s not a bubble, it really is about the fundamentals,” said Jenny Schuetz, a housing researcher at the Brookings Institution. “It really is about supply and demand — not enough houses, and huge numbers of people wanting homes.””
https://www.nytimes.com/2022/01/20/upshot/home-prices-surging.html
“Rising mortgage rates should help slow the growth in home prices. But they won’t affect anyone paying cash. And higher rates will make home owning even less affordable.”
Terrible.
I think I am of just a slightly older vintage than you. When I first got to Hoboken in 1991 Arthur’s steak was $9.95. Steak, half head of lettuce and two liters of bud was $20.
The legend was that my older brother showed up and afterwards we went to Mario’s pizza for $2 pitchers. When we were that young we could barely finish the steak. Anyway, when we get to Mario my brother orders a pie with his pitcher and we were all aghast. WTF?
MJuice Box says:
January 20, 2022 at 7:54 pm
Chi – just caught this one.
Perhaps the last of the old school Hoboken joints closing for a reno…Arthur’s tavern….
“reverse racism”
Interesting term.
In one of your more reflective moments this weekend you may consider why you have two terms – literally diametrically opposed – to describe the exact same phenomenon.
And how that inbred predisposition informs your political view and opinion.
9:19. If you head to SD for a visit, I’d drive down there and drink a beer with ya! It’s. really great town.
I think I have made it clear as to my own stance on social justice. Jews (my crew) have been abused as much or more than any other ethnic group in the World. Yet, no one cuts us a break. We are expected to survive and thrive with absolutely no special treatment. I am fine with that. It’s life.
I’m also aware of the anti-semitism on the left and the festering resentment that breeds.
Careful, Israel is the only ‘real’ friend we have in the Middle East. The only real democracy. *Yeah, I know it’s early here.
Ex,
Planning to make the visits either in the late Spring or in the Fall. We’ll look you up then. Not sure if whole family is going out or just some.
As for Israel. The progressive position will be short-lived. Though the conservatives in Israel do not help their case. None the less, support for Israel will go on unabated much like the support of our own oversized military spending. Republicans keep trying to make it a wedge issue, but it’s never been one nor will it ever be. Too much at stake for the US. Especially in trade and military knowledge.
It’s also a powder keg when it comes to campaign finance as well as a voting block.
If market bounces back a bit perhaps I’ll put some shorts on.
Right now, I’m salivating at the potential that I caught the top of the third major correction in 23 years. Admittedly, I thought I caught it in Trump’s December to remember crash, but it came back so fast, it provided me no advantage as I didn’t get back in. This correction is approaching the depth of that one. Perhaps my trading strategy for today is to put 10% back long (not sure what ETF) at the close and will put on shorts early today if I am sensing more blood in the water. Who the F knows? This is where I really should be playing with options.
Libturd says:
January 21, 2022 at 8:27 am
“As for Israel. The progressive position will be short-lived… support for Israel will go on unabated…”
Head, meet sand. You’re very naive if you think the leftward moving Dem party would never abandon Israel — we’ve already seen it happen with the leftward moving Labour party in the UK. The openly ant1sem1t1c Squad already has a very large voice, and protection from Dem leadership, and Oblama/Kerry gave you taste of what’s to come from the Dems when, like the puzzies they are, they blamed Israel for all of the middle east’s problems on their way out the door.
https://www.reuters.com/article/us-israel-us/obama-kerry-behind-shameful-u-n-settlement-vote-israeli-official-idUSKBN14C1MK
Israel and the American Left . . .
The coverage of the 2021 conflict (including the Israeli military’s destruction of the 10+ story building containing Al-Jazeera and AP offices) was very different than the 2006 conflict. There are more news sources and more perspectives being offered on the internet – youtube, reddit, social media, etc. More critical voices criticizing the conflict and the conditions of the Palestinians.
It will be a long time before pro-palestinian voices are heard much on cnn or other msm, but I’d imagine that the trendline on pro-israel support is declining in the US. And, it would decline faster if there is any serious military campaign against the palestinian teritories or Iran proxies in different countries.