From the Record:
New Jersey in line for $641 million from opioids settlement, a lifeline for treatment
New Jersey is on track to receive more than $641 million as part of a nationwide opioid settlement agreement with Johnson & Johnson and the country’s three largest pharmaceutical distributors.
Every one of New Jersey’s counties and municipalities that are eligible to join the $26 billion settlement have signed on, which is significant because it paves the way for the state to collect the maximum amount, acting Attorney General Andrew J. Bruck said Wednesday.
The agreement with New Jersey-based Johnson & Johnson and three pharmaceutical distributors — McKesson, Cardinal Health and AmerisourceBergen — would resolve claims involving their roles in the country’s opioid crisis.
New Jersey needed all 21 counties and all 241 municipalities that have populations over 10,000 to approve a settlement in order for the state to be eligible for the maximum amount of more than $641 million.
Right into the general funds, spent like drunken sailors. Won’t last a year.
Murphy should give it to the survivors of Omicron’s ……since it’s the governor’s fault
Ohhh Fauci..
“Why would people who had enough understanding of the risk to go ahead and get a primary series – why we don’t have more getting the booster? I don’t have an easy explanation for that,” Fauci said.
Wow. Imagine if Biden did this, this blog would be up in arms.
Phoenix says:
February 2, 2022 at 11:22 pm
So, now we know which scum President ordered this constitution breaking software and how he expected full control over it.
This is dictator level Defcon 1.
The FBI’s procurement of Pegasus, which occurred in 2019 under the Trump administration, was first reported by the New York Times.
Has anyone else noticed we are entering a recession?
Maybe cramer can save the markets by telling everyone to sell it all.
reestablished a bunch of shorts after the FB fiasco aftermarket. Looking good right now. Netflix, Paypal, FB, anything that misses earnings, look out below. Anything with no earnings. Look out below.
I think that’s what makes the market so dangerous now. So many people have become hedge funds….shorting. Can lead to massive declines and then swift run ups. It really has become a casino on a short-term basis.
Black or red= green or red
“Why would people who had enough understanding of the risk to go ahead and get a primary series – why we don’t have more getting the booster? I don’t have an easy explanation for that,” Fauci said.
Prior to the booster debate, the two senior officials at the FDA resigned. The FDA panel that was supposed to weigh in on this voted 16 to 2 against boosters for anyone outside the at risk category and these clowns went and ignored them. I think the better answer is, since most people are completely ignorant of what went down in the FDA was…they simply saw everyone who got recently boosted get Omicron and figured…why bother.
One of the Fed governors saying rate increases won’t impact the economy. Will they impact inflation?
Pumps – re: “Imagine if Biden did this”
Where have you been for the last 20 years? We spy on everyone and have been doing it since electronic communications were invented. Just because some companies like Apple make it harder to snoop does not mean they will stop trying. The zeroday exploit on the iPhones has been patched, it targeted Apple’s image rendering library with an integer overflow to gain control of the iOS operating system on versions prior to 14.8.
BTW our government and many other governments have active programs to exploit phones and other operating systems and network gear. There is technically a legally firewall between CIA/NSA and the FBI, but there are times information obtained is shared. It’s all permissible if terrorism is suspected, heck former leadership in the DOJ that transitioned to public positions also advise these companies like the NSO Group for fat legal fee of course, they are all former government lawyers from the Bush, Obama, Trump and Biden’s administrations. There is whole bunch of Washington, D.C. Law Offices stacked with them that will be happy to advise their client on what the gray areas are when it comes to this or any other issue that could run afoul of US Laws.
Stopped by Dunkin’ for a last second dinner replacement since son had a game at 6pm and we had to work before and don’t get home until 8:30pm.
Small coffee, wake up wrap (which is one tortilla folded over half a slice of cheese and half of a fried egg) and a bagel egg and cheese. $10.20 with tax. This is ludicrous. These three things couldn’t cost more than $1 in raw materials if you made them at home. The truth is, with the purchasing in scale that DD does, I imagine their cost is somewhere around 50 cents. Of course there is labor and overhead. But the three can be made in two minutes. At $15 an hour, that’s another 50 cents. What the fcuk?
A warning to those who choose to use this company.
“GoFundMe FREEZES Canadian ‘Freedom Convoy’ page after it raised $8 million: Police chief threatens to call in the army as truckers feed the homeless during Ottawa occupation”
Juice,
I become woke to federal spying after 9/11. Within 24 hours of those planes crashing, they had traced every step everyone of those hijackers took for the past two weeks. The detail was incredulous. The Jersey crew spent the day before eating Chinese food and one got a private dance for $20 at go-go bar near the airport. Now that’s surveillance. They even had the tape of that dance. This was 20 years ago.
3b – rate increase
They are just projecting small increases to drain the leverage from Wall St slowly. Here is the pattern to look for when they raise rates. Maybe seven small increases over four years as to not to spook the markets. They are projecting these increases well in advance as it worked last time.
https://fred.stlouisfed.org/series/OBFR
There is an excess of 4 Trillion at the banks now, they are in no danger of needing to borrow. JP Morgan Chase reserve ratio is somewhere around 0.83. Many banks are not taking on additional funds.
The money markets have parked 1.4 Trillion of their excess cash at the FED now with a zero percent rate, they are not taking the risk in the commercial paper markets.
Just check out this chart, zoom into the last year only. It’s unprecedented.
https://fred.stlouisfed.org/series/BOGZ1FL632051103Q
Once can argue there is too much savings now…. Hopefully the inflation won’t eat it all away. I have allot of cash too now as well now as I am not happy with what the tea leaves are tell me now just like many other people looking for a new place to earn yield.
I do not support this freedom convoy for one second. They are going to destroy the economy over vaccines. GTFO. F’ing stupidity. Hope they are still feeding the homeless when the economy goes to shi!.
Libturd.
I agree.
Yet there are still posters of missing children in every Walmart every day.
No one can seem to find them….
Pumps,
It’s not who you support. This money was donated to them. They have a right to it.
It’s pure government interference at that point.
That is not Democratic.
I do not support the teacher’s protest for one second. They are going to destroy the children over Covid. GTFO. F’ing stupidity. Hope they are still feeding the homeless when the economy goes to shi!.
Juice: I will look at the attached. I just don’t see how small rate increases ( seven over 4?4 years) is going to kill the inflation in the economy. It’s out of control, and all we are told because Jerome and the gang thought it was transitory.
Don’t worry, those truckers protesting are going to make you pay more for everything. Your position is ridiculous below.
Phoenix says:
February 3, 2022 at 9:51 am
I do not support the teacher’s protest for one second. They are going to destroy the children over Covid. GTFO. F’ing stupidity. Hope they are still feeding the homeless when the economy goes to shi!.
Just watched a video on Frontline about Putin.
They have a way of taking a complicated subject and presenting the matter like a roadmap.
That i d iot lady from the State Department caught on recording saying Eff the EU was priceless.
Ugly start to the trading day, no surprise. Analysts starting to wonder if people are moving on from social media. I know a few people who have pretty much abandoned FB and Instagram, just an observation.
Remove moratorium on foreclosures and evictions.
Kick people off extended unemployment.
Remove forbearance on student loans.
Start accruing interest on student loans.
Inflation problem solved.
Unfilled job opening problem solved.
It sucks to be pragmatic.
3b says:
February 3, 2022 at 9:03 am
One of the Fed governors saying rate increases won’t impact the economy. Will they impact inflation
Pumps,
Didn’t your house go up in value. Hasn’t Miss Hard Wood made you tons of money?
Or are you just a squeeky cheapskate? You can afford it, you are rich.
Did you realize that your income puts you in the top five percent in America?
Yeah, it does. And your Bennies cost all of us money.
Now take your seat.
Boomer talk:
Remove moratorium on foreclosures and evictions.
Kick people off extended unemployment.
Remove forbearance on student loans.
Start accruing interest on student loans.
It sucks to be pragmatic.
Pragmatic would have been letting Covid do it’s thing.
Not spending millions keeping Overweight Boomer on her ventilator.
The youth have sacrificed plenty in order for Boomer and Greatest to see another birthday. They have to contend with the debt that Boomer is left for this mess.
Boomer also dictated the entire process.
On a side note, I’ve been watching Game of Thrones at night. First time watching the series. I just got done with season 6. Cersei just blew the Baelor Sept to smithereens. Wow! Very cool. And the battle at Winterfell was awesome, too!!
85% of Canada’s 120,000 truckers were vaccinated. The idea here is that only cross-border truckers who drive between the US and Canada are being singled out by Trudeau. Biden’s vaccine mandate for companies was tossed by the Supreme Court here, so truckers here are in no danger. They feel it’s government overreach. The Canadian truckers are there for nearly a week now. The towing companies have all said the have “covid” and cannot respond the requests to tow the trucks, it’s not like truckers are going to tow truckers anyway. The Police have stood down too and now they are threating to bring in the Army?
You better hope they don’t threaten you with the Army next time the Teacher’s union shuts down Trenton to protest for whatever they believe in. You should defend their right to assemble and free speech. They are doing it peacefully. If the politicians cannot control their own police force to arrest them then they obviously they have a problem that should only be solved peacefully and not bring in the military to crush this protest like Tiananmen square.
Medicare is going bankrupt.
A twenty year old is paying into it as she makes your latte at Starbucks.
It will be extinct long before she gets a payout.
Generational theft is what that is.
Juice.
Thank you.
Juice,
I thought the FED reverse repo was to keep the interest rates down? Banks are also now getting .05 interest in the overnight repo, not 0 from the FED. It’s the safest place for them to put their reserves.
Now if interest rates go up and FED wants to remove money from circulation, wouldn’t they want to lower the RRPO? Don’t they want banks to loan people money, instead of the US Government?
I’m missing something. Any chance you or Chi could explain?
Half the inflation is autos and energy. Once the auto supply chain issues are fixed there will be a leveling off in car prices. Energy’s price spike now has reversed a nearly equally steep plunge that began with the pandemic, the oil producers need to make up for their losses and well the futures markets are also driving prices too along with demand and the policy not to drill baby drill anymore. Energy could remain high for a long while. All this combined with wage increases due to lack of labor is contributing to the COST PUSH inflation of everything else higher like food and other consumables.
I don’t think rate increases are going to do anything for inflation in the near term. It may just keep it from getting out of control. But at the end of the day for all of the Fed’s jawboning about inflation the reality is inflation is the only way out of money printing. We spend nearly 1/2 trillion a year on interest on debt of 30 Trillion now. Only way out of that debt is to pay it down is inflation.
Nothing like a fresh bowl of Boomer Debt and a cup of coffee in the morning.
Is there anything you can flavor it with to cover up the taste of it?
Such a fun journey.
Fast Eddie says:
February 3, 2022 at 10:04 am
On a side note, I’ve been watching Game of Thrones at night. First time watching the series. I just got done with season 6. Cersei just blew the Baelor Sept to smithereens. Wow! Very cool. And the battle at Winterfell was awesome, too!!
At this point just sell the whole place to China.
Boomer racks up 30 Trillion in debt, then asks the youth to pay their student loans.
Hahahaha.
Damn, that’s some straight up arrogance and narcissism.
Usually on board with you, but not this time. Supply lines are still f/Ed. It’s not stopping.
Glad you support the idiots holding up the supply line in Canada. That will end well for everyone.
Juice Box says:
February 3, 2022 at 10:19 am
Eddie,
Yeah, good place to live.
Fantasy land.
No wonder Americans watch that stuff, it takes their minds off reality.
Why can’t they just get a f/ing vaccine that actually helps them. F them. Dumb rednecks listening to too much conservative talk radio.
“You better hope they don’t threaten you with the Army next time the Teacher’s union shuts down Trenton to protest for whatever they believe in. You should defend their right to assemble and free speech. They are doing it peacefully. If the politicians cannot control their own police force to arrest them then they obviously they have a problem that should only be solved peacefully and not bring in the military to crush this protest like Tiananmen square.”
Who’s the ring leader that organized this protest. That’s what I want to know.
Pumps,
They have something you don’t have.
A pair of stones, testicles, nuts, balls, nads, family jewels, grapes, boys, and if you speak some Spanish, huevos.
Plus honor. Doing the right thing, standing up for what you believe in and the courage to do it.
Enjoy your Fruit Loop cereal this morning.
Legarde talking scared at the press conference. We are in trouble people.
“Inflation has risen sharply in recent months and it has further surprised to the upside in January. This is primarily driven by higher energy costs that are pushing up prices across many sectors, as well as higher food prices. Inflation is likely to remain elevated for longer than previously expected, but to decline in the course of this year.”
https://www.ecb.europa.eu/press/pressconf/2022/html/ecb.is220203~ca7001dec0.en.html
Glad you support this at the time the economy is tinkering on the edge of recession. Just don’t cry about the effects 3 months from now.
Phoenix says:
February 3, 2022 at 10:34 am
Pumps,
They have something you don’t have.
A pair of stones, testicles, nuts, balls, nads, family jewels, grapes, boys, and if you speak some Spanish, huevos.
Plus honor. Doing the right thing, standing up for what you believe in and the courage to do it.
Enjoy your Fruit Loop cereal this morning.
Lib- Money markets cash are not the same as the FED reverse repo with the banks excess cash for deposits.
The quick explanation new bank capital requirements that took effect on April 1 2021 called the Basel III constraints. There’s a lot of cash sloshing around the financial system, and the banks don’t want to take the money market excess cash as deposits. So money market mutual funds are placing some of their assets directly with the Fed and earn nothing it’s called the (ON RRP), it a checking account that earns no interest at the Fed. It in the chart I posted above and appears to keep growing and growing.
Here is a better technical explanation.
https://fedguy.com/on-rrp-take-up-will-go-much-higher/
They are carrying supplies. aka the lifeline of the economy. When you can’t buy stuff, don’t cry to me.
Frontline vid was awesome.
Russians hacked into Hillary’s office had all the dirt on her. Got Trump elected that’s for sure.
Then all of these Govt officials on video acting all shocked that the Russians would be willing to stoop to the level that Americans have flown under for years.
Priceless.
So their goal now is going to be doing what the Americans have been doing for years to other countries. To destabilize America, create regime change here using the same tactics America has done around the world.
Great job, Boomer. You leave a wonderful legacy ( destruction) every where you go.
Just have China buy all of America’s debt and we can just work for them. I pretty much do, but it will be fun watching Pumpy do it.
Pumps – Who’s the ring leader that organized this protest.
Mark Zuckerberg..
Pumpy,
If I get hungry, I’ll just come and eat your dog. The import Filipino nurses where I work have all told me how to catch, de-hair, prep, and cook Fido.
Lib
Take a look at the 5yr M2. https://fred.stlouisfed.org/series/M2SL Since Jan 2020 we had a massive expansion of the Money Supply. The banks are awash with money. At this point its lend to who?
As it was called years ago we have Turned Japanese.
Now you know why this antivaccine movement was dangerous. I blame right wing propaganda for putting this bs in people’s heads. Freedom of speech they said…SMH
We will see how good you are at taking a punch the nose.
Phoenix says:
February 3, 2022 at 10:42 am
Pumpy,
If I get hungry, I’ll just come and eat your dog. The import Filipino nurses where I work have all told me how to catch, de-hair, prep, and cook Fido.
No wonder Americans watch that stuff, it takes their minds off reality.
There’s only so many SQL queries, Kibana logs and environment performance issues I can take in one day. :)
A whole generation on Wall Street that has never lived through a fed rate increase cycle. It should be interesting.
Fauci is talking to an ever shrinking group of followers. His credibility is negligible. The narrative of dissent is ascending.
He serves currently as a political hack to try to justify democrats attempts to implement a new normal.
It will be interesting to see how long he is tolerated and how they will orchestrate his departure. He and Joe are persona non grata in many of the mid term races.
Hey Pumps, I don’t worry about that. They will get to that dog long before I will, but I know them and you better not mess with a hungry Filipino. I know all the stories.
Pumpy, a fun song for you:
https://youtu.be/sFacWGBJ_cs?t=40
How long before Humpty Dumpty is brought up on pedo charges? That childish voice he has must be a tell and with the crew he was a part of at cnn it’s just a matter of time.
America is in a death spiral.
At some point you will have to accept the diagnosis.
Juice Box,
I don’t understand how we can inflate our way out of money printing. Money printing is causing inflation.
Juice Box says:
February 3, 2022 at 10:19 am
But at the end of the day for all of the Fed’s jawboning about inflation the reality is inflation is the only way out of money printing. We spend nearly 1/2 trillion a year on interest on debt of 30 Trillion now. Only way out of that debt is to pay it down is inflation.
Hillary took down Bernie.
Putin discovered and disclosed this. Bernie supporters mad.
Trump likes Putin, Putin helps Trump get elected. They ride horseback with shirts off together in the meadow.
Trump takes down Hillary.
Hahahaha.
Raise the angle of attack without enough airflow over the wing and you know what you get?
A stall.
Laws of aerodynamics.
Raise that interest rate a bit too much what do you get?
Recession.
But there is a mountain in front of you that you need to climb over. So you need that height or you are going to crash….
Oh, and how much can you get for the catalytic converter of a BMW at a recycler?
Joyce – Bernanke doctrine still in full effect. I have mentioned it many times print until the cows come home or we are all dead. That is where we still are after all this time.
It’s all based upon a paper Bernanke wrote in 2002. Titled Deflation: Making Sure “It” Doesn’t Happen Here.
Basically devaluation and the rapid increase in money supply and buy up US and even foreign debt to finance the trillions for shenanigans that the politicians want.
We still don’t know how it’s going to end. The idea however is universal all countries that control their own currency are doing it. Some to no effect like Venezuela, all their money printing has done is caused massive inflation and destabilization. Other like the US, China the EU more moderated inflation. Sure it sounds painful when it cost way more for food and gasoline, but that is nothing compared to what is happening in the third world, as well we won’t starve here.
Phoenix: It’s a question of quick shallow recession, or a derp recession, that will depend on how much tightening the Fed does. But either way I don’t see how you lower inflation without a recession.
Corn and Soybean prices drive the entire food chain. Both continue to increase. The cost of energy and fertilizer are currently so high that even at the elevated crop prices, farmers are leaving their land fallow because they are unable to make a profit. This is a supply problem and the Fed can raise rates every month but it will not solve it.
Princeton’s Finance center offers a good series of weekly online lectures. The last was a discussion between Summers and Krugman, the second in the series. Krugman was forced to plead mea culpa after he incorrectly predicted that inflation would be “transitory”.
I really can’t stand Wall Street. All they really know how to do is create debt. They get paid by the government to create the debt. Then their recurring revenue is endless as the government has to keep refinancing the debt into longer term so they can lower the short-term debt servicing. There are rather large expenses that are wrapped into the cost of these bonds which Wall Street takes.
Sometimes I wonder how much better the world would be without debt instruments. It’s like paying a middleman today for something you could have for free tomorrow.
Wall Street really is an evil enterprise.
RIP dollar menu/value menu. That was a hell of a run for stable prices.
re: ” we have Turned Japanese”
Not quite yet, the Fed is not the biggest holder of US Stocks. They have experimented however, amid the coronavirus selloff in 2020 they bought 8.7 Billion in ETFs to test the waters.
I’m not sure how the car supply chain issue is going to let up quickly too. Everyone I know is driving older cars than normal because they don’t want to pay the premium for new or used cars that currently exists. So as the supply eases, the demand is going to be overwhelming extending the shipping delays longer and longer. What started with a shortage of microchips is not going to end with an increase in chip manufacturing. It’s going to take an extremely long time for the chains to diminish.
Now eluding to 3B’s thoughts. Throw in a recession and people will hold off on buying a new car because they are scared and need to save. Especially with the backdrop of inflation and wages not keeping up with it. So they will hold off longer on buying that new car easing the supply chain issue. We NEED a recession. FED needs to remove all of that extra currency they printed. How do they do it? They issue bonds in exchange for currency. More debt on the balance sheet. Which is a strange thing to partake in when you are claiming to ending asset purchasing. Oh, what a strange web the FED has woven.
Narcissism or stupidity? I choose the former. Must be nice to be handed bags of cash. Was it paper or plastic? Hahaha. I didn’t know it was a crime.
A hole.
Former University of Texas tennis coach Michael Center, who spent six months in prison in the ‘Operation Varsity Blues’ college admissions scandal, said Thursday that he was on suicide watch while locked up.
Center spoke to GMA Thursday about the scandal, in which he ended up pleading guilty for accepting over $100,000 in bribes. He was among several sports coaches at universities, including Yale and Georgetown, who federal prosecutors say were paid to designate students as athletes as part of a $25million scheme.
‘There were some mistakes that I made, I own my mistakes. I’m not saying I was perfect but I never imagined that I was committing a crime, that I would go to prison, that I would carry a felony,’ Center said.
Center pleaded guilty to one count of conspiracy to commit wire fraud and honest services fraud in February 2020 related to $100,000 in bribes that prosecutors said he took to help the son of Silicon Valley venture capitalist Christopher Schaepe get into the school
FB, Paypal, Twitter, Draft Kings, Peloton….they are all proving, it’s all mean reversion, down to end of 2019 mean. That’s the target for just about everything until proven otherwise.
Just wait till you receive your new hospital and insurance bills.
All of those PAPRs don’t come cheap.
Triple the amount of supplies, double the amount of labor, cost of delays, inefficiency.
There is even a shortage of cat food now. Wonder who is eating that?
re: ” Everyone I know is driving older cars than normal because they don’t want to pay the premium”. Pre-Pandemic 1/3 of all cars on the road were leased. That has dropped to about 1/4 now. Those folks are stuck in a cycle of perpetual payments. I enjoy no car payments. The extra money is banked and earns for me.
Juice,
I agree that’s the path we’re on and there’s no indication it will change. I’m only saying that the plan will not pay down debt or reduce inflation; it will cause inflation and more debt.
Amazon will be very interesting tonight. Their P/E is currently 58. This is a stock with an average 5 year P/E of 125 and a median P/E of 92. Of all of the FAANGs
For comparison’s sake.
Company – avg/median/pre earnings/post earnings
Amazon – 125/92/58/?
PayPal -58/54/41/30
Facebook – 30/30/23/17
Apple – 23/19/29/29
Mr. Softy – 35/33/33/33
Netflix – 131/106/45/37
Alfabet – 34/31/23/26
I’m encouraged by Amazon since they are less of a tech company than the others and their valuation halved over the last few years. Only NFLX’s valuation had a similar drop. But their last few earnings were hurt by the buildout of their shipping logistics. This is the Xmas quarter. I’m backing on it pushing us over. We’ll see. Options say otherwise, but they did for Apple and MSFT as well.
Juice,
I drive my cars for 20 years on average. Payments are for suckers. The argument used to be, lease a car for reliability. Both of our Mazda’s are approaching 120K. One is 10 years old and the other is 7. Neither has had a single major part replaced outside of routine maintenance. The closest thing to a repair was the computer needed resetting once on the CX-9. That’s it. These cars are nearly paying us to drive them.
Joyce – Fed plants the responsibility of the excessive debt on Congress. The last person that held up excessive spending legislation was a Democratic Senator who was then vilified and labeled a racist. Nobody there cares anymore, it’s a game of chicken now..as to when they come home to roost. For most in Congress they are now over the age of 65 and this is their last dance. They are gambling they won’t be around when the chickens decide to show up.
The Fed’s responsibly right now is ensuring that the liability does not come home roost today but sometime down the road hopefully long after they are all dead of course.
Lib – I am with you but not quite as long. I drive a 9 year old wagon. It garaged and gets only the finest synthetic oils and I am taking her in for new front struts and a wheel alignment tomorrow. I was considering getting a new wagon, but hey I rather have the extra $700 a month to gamble..
Leasing a car is probably one of the worst financial decisions in the world.
I have a 21 year old Lexus, that is my baby. The heat and AC are problematic, but still starts right up. I leased a new SUV 3 years ago for my wife as I needed a car for her quickly; the Lexus was not cutting it with the heat issue. When the lease was up end of last year I bought it. Wife likes it , so made sense. The dealer offered 6,000 over the residual value. If I wanted a new lease, 5k down and 550.00 a month lease payment!! I said no thanks!!
Now that the kids are older, and almost out of car seats, I’m going to get an old pickup truck and put another 200k miles on it.
I drove fast cars, I drove expensive cars, I drove electric cars, trucks, suvs, hybrids, jeeps. Now I just want to drive something I don’t give a shit about. If it gets dinged or hit, I don’t want to care. As long as it’s reliable, that’s all I want. I could care less about going fast or riding in something fancy. I want to be able to drive through garbage cans and jump over a drawbridge.
My 2006 Bmw 330I that I bought brand new in May of 2005 had 135k miles when I bought the M3 in nov of 2019 right before the pandemic. Man, did I luck out buying when I did. Prices went through the roof. Actually made money on it as of now. Go figure, I would get paid money right now if I sold it…paid to drive an M3. Now that’s lucky.
I had a pickup truck. They are good and bad. Everyone and their mother is going to give you a ring if they need a vehicle to transport something.
Give me the sports car all day, every day. I like to feel alive.
Phoenix,
There is even a shortage of cat food now. Wonder who is eating that?
That would be the boomers who didn’t get pensions from the state, have you ever gone into the Shop Rite in Ledgewood and seen how many cashiers are in there late sixties and seventies? Not every boomer is set for life like teachers , cops, and fireman.
We actually have friends that have retired@ 50 (cops) and 55 (teachers ) and moved out of state….they eat filet mignon and are on vacation all year.
Been there, done that. You ever go 160 miles an hour on Rt 3? Being able to smash a grocery cart against my door is far more appealing to me now, this is my zen.
Fyi, if you invested $10,000 in the Nasdaq a year ago, you’re about $9,700 on your investment today. Thanks, Joe!
90% of eligible NJ residents have gotten a covid vaccine. Let’s celebrate herd immunity now.
https://www.nj.com/coronavirus/2022/02/nj-reports-111-covid-deaths-3535-cases-90-of-eligible-residents-have-at-least-1-vaccine-dose.html
Just got my booster yesterday at Sparta drugstore… only one person in front of me, wife made me take today off. I had absolutely no reactions from the shot, I am not sure if that is good or bad?
But the pharmacist did give me a lollipop for being such a big boy. I took it, it was cherry my favorite.
Had a friend from high school, who in college obtained ten year old Volvo 240 hatchback. This thing had a bumper that he said was rated for 10 MPH both front and back. Apparently, from like 79-82, our government went crazy and not only required bumpers to withstand 5mph crashes without replacement, but they also required there be no damage (not even cosmetic) to the bumpers. So lots of cars from this era had those shiny chromed steel bumpers with thick rubber attached to it. No paint even. I don’t know why Volvo overdid it, but they really overdid it. The guy who owned the car is now a NJ State Police Officer and I talked about him here in the past. This kid was an absolute dare devil. So one winter, I’m back home in East Brunswick to drive forklifts for the pharmas to pay for my college and he asks if I want to go for a ride in his new tank. Before this he had one of those yellow piece of sh1t Pontiac Fieros. Yeah, the official car of Staten Island. Well, I agreed and we headed up the Brunswick Square Mall parking lot at about midnight. He tells me about these bumpers and then he claims the car is absolutely indestructible. So he starts by driving over 4 handicappped parking sign posts in a row. Not a scratch on the bumper, though it sounded like they were ripping off parts of his undercarriage as you could clearly feel them scraping hard as we went over the now perpendicular signs. Then he speeds up to about 30 and starts driving directly over the curbed islands all around the parking lot. Even ones with small bushes growing in them. I swear, this car loved it. On the way home, he must have removed 30 mailboxes in a row with the rear bumper. Which jutted halfway to the rear wheel well. He would just side swipe each one as we would head down the road.
Yeah, he was a complete derelict. But man was it fun. I might have told you a story about this guy a ways back about the time when we were exploding spray paint cans and he got to close to a can of silver chrome paint when it exploded. Well, the reason he got to close was because the can was sitting in the small bonfire we built, but it just wouldn’t explode. So we told him to poke it with a stick to move it into a hotter part of the fire. The second that branch hit the can, “Boom!” He was nicknamed, ‘Tin Man’ after that incident, since the paint was so hot that it burned to his skin so badly that he couldn’t rub it off to remove it without risking pain and infection. So he even had to go to our Junior High with silver arms and hands and face for a few days. Every exposed part of his body looked like it was dipped in a chrome paint tank. And it was shiny like chrome. I swear, his face looked like the Terminator initially. Probably the only thing that saved him was that we were playing near a lake (Duhernal) and he was able to dive in immediately after being spray painted. Oh if we had smart phones back then. That video would have been worth millions. We couldn’t stop laughing for like ten minutes. Especially when comes out of the lake, covered in sea weed and still shiny from head to toe.
Man, I miss being a kid.
I feel you, but a lot of those people dug their own graves. I’m a teacher in the present. I have to watch everyday kids throw their life away by doing nothing. They can’t understand that hard work and education is the only way out. Depressing. Esp since these kids are going to be crying like you one day.
Choices, we all have them. We also have to own them. The cop pay pisses me off too, but at the end of the day, I wish I made the choice to be a cop. Too late now. What I really wish I did, go work for the up and coming tech companies in the early 2000s. Boy, did I f/k that up.
At the end of the day, if you need to work in your late 60s or 70s, you messed up. I’m not talking about someone that does it to keep their mind going, I’m talking about the individual who is forced to in order to survive. They dug their grave.
Jim says:
February 3, 2022 at 12:31 pm
Phoenix,
There is even a shortage of cat food now. Wonder who is eating that?
That would be the boomers who didn’t get pensions from the state, have you ever gone into the Shop Rite in Ledgewood and seen how many cashiers are in there late sixties and seventies? Not every boomer is set for life like teachers , cops, and fireman.
We actually have friends that have retired@ 50 (cops) and 55 (teachers ) and moved out of state….they eat filet mignon and are on vacation all year.
Lol I hear that. One thing less to stress over.
grim says:
February 3, 2022 at 12:32 pm
Been there, done that. You ever go 160 miles an hour on Rt 3? Being able to smash a grocery cart against my door is far more appealing to me now, this is my zen.
Man, we hit the jackpot in the era we grew up in. You think kids today know anything about this? Used to love fires and throwing cans in there. I was never ever home as a kid. My brother and I would wake up, eat, and get on our bikes look for a new adventure every single day. Man, the stories I have.
Some of the best times were when older teenagers in their cars would chase us around trying to f/k us up. Good look! We knew the streets too well, and when they found out who our cousins were they shi! their pants.
Libturd says:
February 3, 2022 at 1:14 pm
Pumpy says:
Esp since these kids are going to be crying like you one day.
Sorry Pumpy , this is not my case, but I am fully aware of people who are in this boat, it could be for a myriad of reasons spouse died , divorce, filed for bankruptcy, etc.
Not everybody gets that golden pension, and eventually the piper will have to be paid. Phil keeps spending and the golden goose will die. I am just concerned for the people in NJ who are not connected and fend for themselves.
Ed,
Let us know us your thoughts on Season 7..as you are over 4 years behind release, it will be interesting to get take. Many of us waited and watched over many years so wondering what binge experience is like.
By,
That’s a good point… binge as opposed to waiting for each episode. So far, it’s been fun to watch. I can do away with the zombie stuff but otherwise, the politics and diabolical stuff is really good. Peter Dinklage is superb just by sitting there half drunk and throwing barbs. He’s a natural in that role. He went to Delbarton, an all boys prep school here in Jersey so we have something in common. Lol. No, I didn’t go to Delbarton but a similar school. You went to a prep school too, I believe you mentioned? Anyway, the series is a lot of fun. I’m in love with the actress who plays Melisandre… she’s smoking hot! Lol.
Fast,
Did you go to Morristown Beard? Friend of mine worked there for a few years about 25 years ago. We would go there on Sundays and play basketball for hours during the winter.
My grandma turned 92 yesterday. Her husband died at a young age due to cancer and left her to deal with 6 kids and two step children in a new country. She is still living in this state. Clifton, NJ. Just saying. She inspired me to work hard every single day. A lot of these people are their own worst enemy. You really have no idea how lazy some people are, they are only good at making excuses. Imagine if they were dealt the hand my grandmother was given. She still managed to buy two houses. One of them, she sold to me. Speaks broken English too.
“Not everybody gets that golden pension, and eventually the piper will have to be paid. Phil keeps spending and the golden goose will die. I am just concerned for the people in NJ who are not connected and fend for themselves.”
These boomers you talk about were born here and given all the opportunities you can think of. Pardon me, that I don’t really fell that sorry for them. Could have bought cheap housing and retired off that alone. Had access to cheap college. You name it.
feel
Jim,
I went to school somewhere in the Northeast quadrant of the state.
I’ll leave it at that. :)
Ed,
Nope, not Delbarton. I grew up outside Denville and my older brother went to Pope John. I would have but we moved and ended going to one of the christian brothers for HS.
Melisandre is very hot, although I like Rob Starks wife. Too bad she met her end.
Ford and Chevy have built a ton of vehicles that are sitting in lots waiting for parts due to the shortage, wondering what is going to happened when they star flooding the market.
Chevy introduced a new 2022 Silverado a few months back with an all new interior and tech, but they are currently selling the older 2021 as a 2022 with no changes until the old stock is depleted.
Went to DB, brother went to Joes, cousin BC. Cousin gives me carp about how they crushed us in states. Have to keep reminding him we owned them for a good while.
Crude Oil
90.29
Pumpkin is really worked up about those mean truckers potentially blocking his maple syrup to go with his spray-can pancakes.
3b,
“I know a few people who have pretty much abandoned FB and Instagram, just an observation.”
I was told by our resident d*ldo that FB taking old post office space showed how great tech will be in NYC forever. I said 5 years and FB will have no business model. Let’s see who is closer to truth. Crypto and BNPL bubble pop and bye, bye thousands of NY tech jobs.
Circei: blowing up thousands of people made her even more wet than when she had sex with her brother on their son’s coffin.
That Circei was a real jerk.
Amazon,
Right again!
3:05 St Francis of the Bloated Boner
No One,
Cersei was the epitome of evil! The chick has no conscience whatsoever. I am about to watch season 7 so don’t give it away! :) Daenerys Targaryen is rather cute, too. Sansa Stark goes from a girl to a woman real fast the moment she let’s down her hair! Hot redheads have that effect on me. C’est la vie! lol. Oh, and it was nice to see Ramsay Bolton get his comeuppance! What a psycho!
“Hot redheads have that effect on me”
Hah, growing up in Irish community and going to every g-d Irish set dance and parade..pale redheads do nothing for me. I like olive skinned, dark haired Brazilian/Italian/Spanish all the way. The Irish gene pool needs it. Irish men love South American women and southern European women. They like us bc matriarchal society and they get treated 100 times better by us.
re: “matriarchal society ”
A friend of mine escaped Cuba and was living in Venezuela with her husband. She told me life was so crazy there with their whole sexist and patriarchal system they had to escape there too. She told me men were exchanging wives, and the women had to go along etc.
“So, now we know which scum President ordered this constitution breaking software and how he expected full control over it…The FBI’s procurement of Pegasus, which occurred in 2019 under the Trump administration, was first reported by the New York Times.”
Link or accuracy, please…
All I found is below which does not support your statement. Very big difference between ‘ordered’ and a spy agency (in the article below, CIA in 2018) procuring something…maybe your statement is true, but there was no love lost between DJT and FBI….seems highly unlikely he would ‘order’ something like that since chances are his family would have been among the most likely targets, even if just in his mind. So, the supporting link?
https://www.nytimes.com/2022/01/28/world/middleeast/israel-pegasus-spyware.html?searchResultPosition=4
Fuck you. I’m Gen X.
Phoenix says:
February 3, 2022 at 9:58 am
Boomer talk:
Remove moratorium on foreclosures and evictions.
Kick people off extended unemployment.
Remove forbearance on student loans.
Start accruing interest on student loans.
It has the feel of a jj post without all of the sex, booze and graphic depictions of dehydration.
Libturd says:
February 3, 2022 at 1:14 pm
Had a friend from high school, who in college obtained ten year old Volvo 240 hatchback. This thing had a bumper that he said was rated for 10 MPH both front and back. Apparently, from like 79-82, our government went crazy and not only required bumpers to withstand 5mph crashes without replacement, but they also required there be no damage (not even cosmetic) to the bumpers. So lots of cars from this era had those shiny chromed steel bumpers with thick rubber attached to it. No paint even. I don’t know why Volvo overdid it, but they really overdid it. The guy who owned the car is now a NJ State Police Officer and I talked about him here in the past. This kid was an absolute dare devil. So one winter, I’m back home in East Brunswick to drive forklifts for the pharmas to pay for my college and he asks if I want to go for a ride in his new tank. Before this he had one of those yellow piece of sh1t Pontiac Fieros. Yeah, the official car of Staten Island. Well, I agreed and we headed up the Brunswick Square Mall parking lot at about midnight. He tells me about these bumpers and then he claims the car is absolutely indestructible. So he starts by driving over 4 handicappped parking sign posts in a row. Not a scratch on the bumper, though it sounded like they were ripping off parts of his undercarriage as you could clearly feel them scraping hard as we went over the now perpendicular signs. Then he speeds up to about 30 and starts driving directly over the curbed islands all around the parking lot. Even ones with small bushes growing in them. I swear, this car loved it. On the way home, he must have removed 30 mailboxes in a row with the rear bumper. Which jutted halfway to the rear wheel well. He would just side swipe each one as we would head down the road.
Yeah, he was a complete derelict. But man was it fun. I might have told you a story about this guy a ways back about the time when we were exploding spray paint cans and he got to close to a can of silver chrome paint when it exploded. Well, the reason he got to close was because the can was sitting in the small bonfire we built, but it just wouldn’t explode. So we told him to poke it with a stick to move it into a hotter part of the fire. The second that branch hit the can, “Boom!” He was nicknamed, ‘Tin Man’ after that incident, since the paint was so hot that it burned to his skin so badly that he couldn’t rub it off to remove it without risking pain and infection. So he even had to go to our Junior High with silver arms and hands and face for a few days. Every exposed part of his body looked like it was dipped in a chrome paint tank. And it was shiny like chrome. I swear, his face looked like the Terminator initially. Probably the only thing that saved him was that we were playing near a lake (Duhernal) and he was able to dive in immediately after being spray painted. Oh if we had smart phones back then. That video would have been worth millions. We couldn’t stop laughing for like ten minutes. Especially when comes out of the lake, covered in sea weed and still shiny from head to toe.
Man, I miss being a kid.
“I really can’t stand Wall Street. All they really know how to do is create debt…Wall Street really is an evil enterprise.”
Ehhh. I’ll take the other side.
Wall Street is neither evil nor good. It is simply is….the most efficient, direct, focused, and well oiled machine you will ever find.
You want a green suit? It will give you millions. Of the cheapest discount quality or the best threads around. Whichever you want, ruthlessly delivered.
You’ll look like a fcuking fool wearing that suit but that was your choice, what you wanted and requested. They simply made exactly what you wanted, exactly to your specifications.
So yeah tons of government debt, high yield, CDOs, SPACs, speculative IPOs, crazy grandmas hawking overpriced speculative companies to novice investors…it’s all yours. You want it, you got it.
Want to blow up your old media legacy business by buying a third rate provider of dial-up internet services for almost $200B? Done. Want to do the exact same deal again a decade later by a century old legacy telephone provider? Done again.
Wall Street is the largest piece of heavy machinery around with many, many sharp moving parts. Children and the impaired should not play with it…or be prepared for the outcome.
chi, just catching up. yeah that Brown game is tough…need to win the ECAC tourney, only way to get a ticket punched to the NCAAs….it’s OK, this team was punching above its weight for most of this season.
Bystander: You certainly know more about tech than I would know. As for FB and their business model I would agree on that. For the younger generations it has been passé for sometime, and from what I am told it’s for old people. It’s filled with a lot of junk advertising and annoying notifications. I don’t know anyone that orders anything off it, not that that means anything. As for FB taking office space, who cares that I’m mind is passé too and means nothing in my mind. It’s not like companies are going to say oh FB is taking office space in NYC we need to get back to the office.
I don’t know what replaces FB if anything. I understand Tik Tok is popular now, and I don’t even know what it is. I do note general buzz on FB no longer there from what I can see and from what the young people tell me.
If TikTok is the future of anything, we’re all doomed.
Lib,
Amazon played with the numbers. Their investment in the electric car maker was not accounted for. This market is f’ed. I can believed I was fortunate enough to jump ship at the start of this year. Stupid lucky.
90% of the people on my facebook feed quit posting. It seems they are bored with it. All ages 40 to 70. The only useful thing I’ve found is a few groups for hobbies. Other than that, pretty sh1tty service.
TikTok lowers the IQ of your average teenager by at least 10 points. I have the data to prove it. It’s beyond stupid.
Lol I was just worried about the economy.
What’s really funny, the market hasn’t even priced in the pain this protest will have on the economy and supply chain.
No One says:
February 3, 2022 at 3:49 pm
Pumpkin is really worked up about those mean truckers potentially blocking his maple syrup to go with his spray-can pancakes.
Stupid lucky, but this 100% removal of the 401k might end up being one of my best moves. All that reading might have paid off lovely. Even if this is bottom and it goes up 10%, still saved a sh!t load of money.
Palisades:
https://www.youtube.com/watch?v=7kkCeyRiUeA
BRT – re: “It’s beyond stupid”
Within limits it’s fine…..
In China the kids on tick tock get no recognition for doing stupid dances. Kids are also limited to 40 minutes a day. We here however have a country full of children that want to be social media stars, the kids in China are not trying to be the next tick tok millionaire as it’s not allowed, they want to be engineers, doctors and scientists….
Hey look we invented this stuff. Just ask Al Gore……..
Chi – Uncle Roger voice “very nice” cracked me up.
NY Plate probably a cop late for work. I could ask someone to run the plate but that would be illegal…Too bad plates are not public record.
$AMZN online store revenue growth of 1%.
A year ago it was 43%.
https://twitter.com/funwithnumberz/status/1489353707615567876?s=21
Chi video…..ouch.
Chi,
Great video, had to watch it three times. I see nuts like this all the time, fortunately I get as far away from them as possible. Route 80 is a breeding ground for this kind of fool.
Guy in the Accord was way out of bounds and incredibly stupid and dangerous passing on the shoulder…but the guy in the white truck was a super douche and has culpability. Who the fuck won’t move out of the left lane and brakes, speeds up, brakes when someone is behind them and trying to get around….smh
Left ,
Absolutely right, the truck driver was as much at fault as the honda driver. He was being a di*k, if that clip was shown to a trooper both would be ticketed.
“Couple nuggets of truth:
1. Megacap stocks do not trade like penny stocks in bull markets. $FB $SNAP $AMZN are telling you this is a bear.
2. $AMZN earnings, revenue, and guidance were HORRIBLE. $RIVN was a questionable add to earnings. It will fade in the days to come.”
Supply Chain Disruptions Aren’t Likely to Get Better This Year. Here’s What You Should Be Doing Now
With infrastructure problems likely to take months if not years to fix, it may be time to make systemic changes in your operations.
https://apple.news/Abngtfa_8SxykTegJea8GGw
Amazon’s EARNINGS are what mattered. Not their revenues. They spent most of their earnings the last two quarters building out their own shipping infrastructure. If you recall, a year ago, they used UPS and private drivers to do the vast majority of their shipping. They brought it all in house and allowed their revenue to translate into margin for a change. Also, their cloud business is on fire and growing rapidly. Though, I do agree that the coming year will be challenging and the gains might not hold. Of course, from a value play, they are still undervalued compared to most techs. But they really aren’t a tech hardly at all.
None the less, I’m hoping the market rallies for a couple of days and then I’m positioning for the recession again.
Sportscars are excellent ways to learn just how shitty the roads are in a given area.
You ever go 160 miles an hour on Rt 3?
No, but went 120 on a bike on the same stretch?
Good morning to all Gen X that are Old Souls. And those who are not.
In our wonderful corporate run country being over run with censorship, here we go again. More Maus burning:
“Facebook REMOVES page promoting Freedom Convoy in DC after GoFundMe started returning $8m in donations for Canada protest: Fears donation site run by CEO who once lobbied Congress for COVID aid payments has sided with Trudeau”
For LW, sorry didn’t post link yesterday.
https://www.theguardian.com/news/2022/feb/02/fbi-confirms-it-obtained-nsos-pegasus-spyware
Who do we believe in this one? Can’t tell the liars apart anymore.
Why is the USA so interested in the Ukraine? Just make it a neutral country-no one goes there. Call it a day.
Biden is itching for a fight to bring up is ratings that are circling the Bowl. America salivates over wars and regime change.
“Putin-backed TV channels warn a NATO-backed Ukrainian attack is IMMINENT – hours after Kremlin plan to release false flag ‘genocide’ video with fake bodies was exposed by the US”
What nearly all drivers in NJ fail to comprehend is the left lane is not the “fast lane”, it’s the “passing lane”.
If you aren’t passing, don’t be in it.
Of course since nobody follows that, why should anybody bother following it.
It appears that thanks to China and Russia Western governments are having more and more problems controlling their population. They have found the way to show the average American and Canadian just how little freedom they really had, and how corporate America is the way they are being controlled.
Seeds of discord, planted, watered and cared for grow into healthy plants.
“Organizer and participants – although many peaceful – have been accused of calling their political opponents Nazis, waving swastikas and Confederate flags, and threatening an insurrection against the Canadian government, the Conservation reported.
The Canadian Trucking Alliance and the Ontario Trucking Association, among others, have also openly criticized the convoy, alleging that 90 percent of their members are vaccinated.”
Americans talk “law and order” yet pick and choose what laws and what orders they choose to follow, and demand that others be prosecuted or executed when they don’t follow law and order. Even those who profess and are employed in the field of law and order don’t follow it-and some flagrantly violate it.
Many drivers in NJ and other states know damn well that the left lane is a passing lane and don’t care.
It’s fun being “rogue” isn’t it?
Some things never change. How America really feels about Europe, no wonder they want war in the Ukraine:
https://youtu.be/YctPO-k7ZlM?t=176
So update from yesterday as I prepare for this morning.
First. I can’t state strongly enough how unusual it is for stocks the size of PYPL and FB to decline 25% overnight on earnings. Back-to-back. Not black swan territory, but the very far end of the probability curve. If your portfolio managed market or better returns this week, pat yourself on the back.
The stats on my setup I’ll keep high level and round share prices to the dollar for clarity.
Yesterday FB moved down $85 or 27% to $238. I was down $20 per share which nicked the total return for this portfolio by 1%. The position I had on was an obligation to take (go long) the shares at a net $248.
I’m sure chi and NoOne may cringe with what I’ll type so to be clear for anything you trade understand the tradeoffs and especially the risks and potential embedded leverage; and invest within your knowledge, risk tolerances, and liquidity. And there is not a shred of financial advice in here and I am specifically not qualified to give any.
Having said that, option prices in many names are highly elevated specifically due to the current market environment. If you’ve ever considered these products now is an opportune time to look again.
Writing calls against shares can easily reduce your cost basis in a volatile, down trending market (with the offset of limiting your gains). A simple buy-write (covered call) is an easily understood, low risk options trade.
If you are considering a new buy but uncertain, one can structure a position to ease into the stock more favorably. For FB as an example, say you may be interested to nibble but you would feel better at down 10% more. Instead of just hopping in on the decline here at $238 and hoping for the best there is a structure whereby you can buy one-half of your final target position and offset it with a credit of $27. With the shares trading at $238 you start with a cost basis in the position of $211.
If the stock declines your 10% to $215 (or lower) you would be obligated to buy your second tranche. At that point you are all-in at your full hold level at an average price of $213 for the entire position with exposure from there.
If the stock instead runs up, say to $265 or higher (+11% from here) your first tranche of shares will return $54 (23%), which is coincidentally the same return you would have received had you instead bought your entire position at the current $238, Now, you are attaining that same return but with half the shares (and less risk).
I’ll reduce the number of posts on this stuff here, probably only appeals to a small number of people, if any. It’s more of PSA….I see people with an ‘invest when there is blood in the streets’ view…redeploying available capital on pullbacks is a valid strategy…but if I’m running into a street where people are getting slaughtered I’d like to have a kevlar vest and glock. Options strategies can help.
Maryland.
Haha. So now students are considered licensed practitioners in that state.
Haha.
50% of health care students, doctors, nurses, etc drop out or get canned in school cause they suck.
100% are now licensed to treat in Maryland.
Hahaha. Sorry granny, I thought it said milligrams not milliliters.
Oh, and don’t expect a discount on your bill either. Hahaha.
“Licensing flexibilities have been increased for pharmacists and technicians under the new executive order. The state’s initiative to allow nursing students to serve as licensed practitioners has been expanded by also including licensed practical nurses, certified nursing assistants and certified medical technicians.”
More than 3,900 people are ‘interested’ in a Facebook event calling for Rotterdam residents to throw rotten eggs Jeff Bezos’s newly built-superyacht, for which a historic Dutch bridge will be dismantled.
The bill to allow the yacht to pass through being footed by the Amazon billionaire, with the £400million, 417ft (127 metre) Y721 set to be the biggest sailing yacht in the world when it is completed this year in the Netherlands, overtaking the current largest ocean-going passenger ship Sea Cloud.
Organized for June 1 by Pablo Strörmann, it reads: ‘Take a box of (rotten) eggs with you and let’s throw them en masse at Jeff’s superyacht when it sails through De Hef in Rotterdam.
‘Rotterdam was built from the rubble by the people of Rotterdam, and we don’t just take that apart for the phallus symbol of a megalomaniac billionaire. Not without a fight!’
Phoenix, thanks on the link.
What was published could not be further in fact from your headline post yesterday….Nowhere in the link was your comment below even close to being implied. The article demonstrates the opposite.
“So, now we know which scum President ordered this constitution breaking software and how he expected full control over it. This is dictator level Defcon 1.”
I’m not riding you, I only call this out because I like and respect you as a poster. Slow down, relax…that post is a Pumpkin-like total break with reality and the physical world. You don’t want that rabbit hole.
LW,
Point taken.
Pumpkin like, though?
Sure I made a leap there, but that’s harsh. Hahaha..
Thanks for the laugh.
And for those wanting to be a patriot today, the classes are all closed for 2022. Americans seem to be getting ready for battle. More GSW for me to make money on.
Please donate blood today. We need it as it leaks out pretty quickly from GSW wounds, and we have not yet found a way to mop it from the floor and recycle it yet.
https://www.patriotacademy.com/constitutional-defense-course/
Hell, my work shoes contain the DNA of about 40 thousand people by now. They are a literal walking crime scene.
Hahaha.
“If you aren’t passing, don’t be in it [the left lane]. Of course since nobody follows that, why should anybody bother following it.”
The Parkway has frequent signs ‘Keep right except to pass’.
A sister-in-law, one I really like, was ticketed a few years back on her way to the shore. Mom SUV with kids inside. Pulled over by a Trooper on the Parkway AND ticketed.
She’s telling the story about how she never knew – and I’m literally biting a hole in my bottom lip to not laugh or comment.
I can only imagine how many cars she had stacked behind her for that to happen. Must have been lined up like marchers in the St Patricks Day Parade. Lol.
188 bps on 10
190
Failure to yield to an overtaking vehicle is a 2 point ticket in NJ (NJSA 39:4-87).
So if you are in the fast lane, and someone comes up behind you, flashes their lights, and you don’t pull over – YOU are in the wrong, not them.
Always a shocker to many – HOW DARE YOU COME UP ON ME.
But this makes perfect sense, because in many areas, passing on the right is prohibited, and not just prohibited, but downright dangerous.
Phoenix: Most Americans have probably never heard of Ukraine until recently, and know nothing about it. Biden is stirring it up because it’s easier then dealing with the real threat which is China. Finland is not in NATO and is a neutral country, that’s how it should be for Ukraine.
Rt 46 is the worst with this….such a joke. Follow the law, but that’s too much to ask. Instead hold up traffic and then rage when everyone is riding you from behind.
grim says:
February 4, 2022 at 7:04 am
What nearly all drivers in NJ fail to comprehend is the left lane is not the “fast lane”, it’s the “passing lane”.
If you aren’t passing, don’t be in it.
Of course since nobody follows that, why should anybody bother following it.
Buckle up.
chi, the revision up to the december jobs report is crazy…c 100k reported up to c 500k…wow…water was already boiling and no one saw under the lid
That’s what I was telling people. They were like why is a recession coming. I’m like look at all the data. Job numbers suck. Inflation eating the buying power of the consumer. Rates going up. Shi! is f/ed.
leftwing says:
February 4, 2022 at 8:43 am
chi, the revision up to the december jobs report is crazy…c 100k reported up to c 500k…wow…water was already boiling and no one saw under the lid
Believe me, I know the passing lane rule. I am the moron who goes in and out of the middle lane after I pass on the left. Usually, I am the only one. My pet peeve, even worse than that, are those who pass in the slow lane. Passing on the right is so incredibly dangerous, yet I see people doing it more and more often. Once in a blue moon, when the middle and left lane are not even going the limit, I will do it. But I will do it slow enough as not to surprise the drivers on my left as I pass them.
I also think I am the last person in NJ who uses his directional signals. It’s so friggin’ easy, yet the majority of the population is too selfish and lazy to do it. I would bet that a solid third of all accidents would be avoided if people just let others know they were changing lanes. Nearly every accident I’ve witnessed these past few years involve two people changing into the same lane at the same time.
Finally, the last thing that gets me (and it seems to be worse with females for some reason) is the insatiable need for drivers to check their social media at red lights. They miss the signal change to green and by the time they realize it, the signal is yellow again and they are the only vehicle to have made the light. It’s like the old Beverly Hills Cop trick.
I’ve told Gator, I wish I had a P.A. in my car. My friends in high school had them and thought they were tools. But today, it could be so relieving. Until the person you try to educate is a gang banger and busts a cap in yo ass.
If you are speeding in the left lane and you are passing people there there is no reason to move over. If someone tries to overtake you by going 90 MPH while you are only going 70 MPH they are actually commuting several violations, speeding, tailgating, and reckless driving because it is unlawful to to pass another car or bus like that with flashing high beams and honking the horn.
Make no mistake there jack rabbit, if you do that to me you better hope your reaction time is good and your brakes are working because there will be no passing me at 90 MPH when I am in the left lane.
Crude at 92, 10 at 1.9. The wall of worry is getting less worrisome.
Phoenix,
when I was on an interview at RWJ in New Brunswick in 2002, at the orientation, they were telling us about admissions and how they shifted them for “diversity”, and not in the way you think. I mean, yes, to that degree, I did see B minority students automatically admitted over straight A students, but at least they were in a related field. But they were admitting many journalism, poly sci and English majors who took the 4 core courses and did mediocre in them. They also openly advertised that the lectures were now on mp3 so you didn’t need to attend if you didn’t want to. I thought to myself, there’s no way this ends well. But fast forward to today, I see all kinds of scientifically illiterate MDs saying the dumbest garbage on twitter.
As far as flunking goes, I’m assuming those stats apply the lower level things like the nurses or PAs. But that’s not a good thing either. When I looked at graduations stats 20 years ago, it was almost 100% and my father’s friend who sat on the admissions committee at the time there said it’s because they don’t want to admit they made any mistakes in admissions.
Lib: one of the first things I noticed when I moved to Jersey years ago, was that almost no one used their turn signals. Some would use them after the fact; never understood that either. I don’t understand the pickup truck craze either, what’s the point. I know someone who recently got a Ford F 350. That thing is massive. I did not know Ford made a 350.
3b,
I’ll take your F350 and raise you 300
https://www.youtube.com/watch?v=JrHDeSMvnt4
On non-congested highways, I drive 9-14 miles per hour over the posted limit. On local roads, I don’t exceed the posted limit. So if I’m going 69 in a 55 or 79 in a 65 and someone wants to go faster, I happily oblige. But in most cases, I’m already in the middle lane and NEVER the fastest car on the road. At those speeds, I’m usually driving the average speed.
I have two speeding tickets in my life (one at age 17 and another about two years ago). Both in upstate New York and both in podunk towns that would have required me to drive 8 hours or more round trip to fight the tickets. Neither resulted in more than 2 points and neither made my insurance go up or cost me any surcharges. It was almost like there was no reciprocity with NJ. When I received both of those tickets, I was not even close to the fastest person on the road. My real crime was driving in Upstate New York with NJ plates. Cops don’t like to spend time in court apparently. Funny, on the recent ticket, I didn’t realize this, but they now record everything you say to the officer and the dictation of the conversation ends up on the back of the ticket. You can clearly read where I said to the officer that the only reason I was pulled over was due to my out-of-state plates. No response of course.
3b,
And I agree with you on Ukraine. Just make ’em neutral. Be done with it.
On non-congested highways, I drive 9-14 miles per hour over the posted limit. On local roads, I don’t exceed the posted limit. So if I’m going 69 in a 55 or 79 in a 65 and someone wants to go faster, I happily oblige. But in most cases, I’m already in the middle lane and NEVER the fastest car on the road. At those speeds, I’m usually driving the average speed.
I have two speeding tickets in my life (one at age 17 and another about two years ago). Both in upstate New York and both in tiny towns that would have required me to drive 8 hours or more round trip to fight the tickets. Neither resulted in more than 2 points and neither made my insurance go up or cost me any surcharges. It was almost like there was no rec1proc1ty with NJ. When I received both of those tickets, I was not even close to the fastest person on the road. My real crime was driving in Upstate New York with NJ plates. Cops don’t like to spend time in court apparently. Funny, on the recent ticket, I didn’t realize this, but they now record everything you say to the officer and the words of the conversation ends up on the back of the ticket. You can clearly read where I said to the officer that the only reason I was pulled over was due to my out-of-state plates. No response of course.
Make no mistake there jack rabbit, if you do that to me you better hope your reaction time is good and your brakes are working because there will be no passing me at 90 MPH when I am in the left lane.
Well, you best hope that the other vehicle doesn’t have a dash cam, or there is no Tesla around to record your brake check.
Cause if anyone dies and there is video of your actions you can expect to be part of a lawsuit and criminal charges along with the other driver.
2 wrongs don’t make a right. You will pay.
Assuming you survive the crash that is. But most likely at 70 you will be coming to visit me. The rod in your femur, did you want Stryker or Synthes? Price is the same, it’s the labor that’s going to cost you.
Just move over.
I had a funny story about a road rage patient where it didn’t go like he expected. Really big guy. We all got a laugh out of his stupidity, plus profit. Can’t say more, however.
At least he didn’t get shot.
Personally, I just let them fly by.
One of those….loser.
Left Lane Vigilante says:
February 4, 2022 at 8:51 am
If you are speeding in the left lane and you are passing people there there is no reason to move over. If someone tries to overtake you by going 90 MPH while you are only going 70 MPH they are actually commuting several violations, speeding, tailgating, and reckless driving because it is unlawful to to pass another car or bus like that with flashing high beams and honking the horn.
Make no mistake there jack rabbit, if you do that to me you better hope your reaction time is good and your brakes are working because there will be no passing me at 90 MPH when I am in the left lane.
My wife seems to always get pulled over for speeding, yet never gets a ticket. She’s got a PBA family member metal card – the kind with her name on it.
It’s not your job to check the speed of individuals driving. Worry about yourself and follow the law.
Ok, so maybe it’s a stretch, but it seems from these two posts that someone likes to break the law and simultaneously want to enforce it for others…
Hahaha.
“One of those….loser.”
“It’s not your job to check the speed of individuals driving. Worry about yourself and follow the law.”
Eh? If you hit me because you were going 90 MPH and driving recklessly you are at fault not me Jack Rabbit. I was going 70 MPH and slowed down ( I would never break check) only slow down to say 50 MPH, and stay at that speed until I get off the phone with the PoPo to inform them that I have you on camera and you are going to cause a pile up. Send out the patrol, as I got the plate and footage of your reckless driving, the Judge will be happy to pull your license for six months to teach you to behave.
grim,
I have the gold card as well. From when my father saved a cop’s premature baby from dying 16 years ago. Haven’t gotten a ticket since. I never give it to them. They just see it when I get my license. Occasionally, they ask for it. Many don’t even bother to run my plates. That being said, I’ve only been pulled over maybe 3 times the past 10 years at this point.
Seeing that car come up on the truck, those are the worst type of speeders. You can be going 85 in the left lane and they won’t even give you the opportunity to get out of their way if you are near another car in the adjacent lane. They will try to squeeze through even with an inch on both sides.
My wife saved a cop’s dog that was dying. Only once did a cop ever ask my wife why she had the card when we got stopped, she got halfway through the story and got the “have a nice day”.
3b, a Ford F150 save my father’s life. He was driving home at 3 am from graveyard shift at the hospital and some kid was driving 110 on a double yellow road and fishtailing. My dad came to a stop and the kid hit him dead on. Kid’s car got slice in half. My father’s truck was demolished and mangled up until the end of the hood but beyond that, looked untouched. My father got out unscathed other than slight whiplash and checked on the kid. Pronounced the kid dead at the scene. Bigger car is likely to win the collision, as we saw from that video.
What a loser. One of those wannabe cops. Do you drive the cop car too?
Left Lane Vigilante says:
February 4, 2022 at 9:41 am
Eh? If you hit me because you were going 90 MPH and driving recklessly you are at fault not me Jack Rabbit. I was going 70 MPH and slowed down ( I would never break check) only slow down to say 50 MPH, and stay at that speed until I get off the phone with the PoPo to inform them that I have you on camera and you are going to cause a pile up. Send out the patrol, as I got the plate and footage of your reckless driving, the Judge will be happy to pull your license for six months to teach you to behave.
Speaking of inflation the auto shop wants $400 to install two struts plus another $100 for wheel alignment. It’s an hours worth of work. The video on youtube shows 24 minutes of work to replace one that includes taking of the wipers and the plastic trim off to get to the three top bolts on the strut, and the removal of the two bolts on the knuckle and one on the sway bar. They are also jacking me on the parts, about $60 more than the most expensive struts I can find online. I expect more than cheap coffee for that price. I would do it myself as I have the 24 mil and 18 mil deep sockets and torque wrench but cannot do a wheel alignment at home as I don’t have the expensive lasers needed to do it right and a tape measure like the old days just won’t cut it.
I’m actually interested in the new GMC Canyon with the Duramax diesel. Something appealing about midsize pickup with a powertrain that’s capable of 300-400k miles. With the larger fuel tank it’s something like 600 miles between fill ups.
BRT: I understand, and thankfully your Dad was not hurt. Those big pick up trucks are massive, and if a pedestrian was hit by one of them I would say it would be fatal. I am guessing more than a few that drive one for pleasure, probably can’t handle them.
If that’s parts and labor, that’s not a bad price at all. Struts are a pain in the ass when something goes wrong.
Amazon’s earnings this quarter were grossly distorted by the divestiture of its Rivian stake. While I’m sure most know this, I think psychology is playing tricks.
I think I’m going to sharing my Prime account with other family members. We were paying $360 between three people. No reason to just not share an account. Three people can view prime video at the same time and you can have as many addresses and funding sources as you please.
On the car debate, some of you are presenting a false dichotomy in the lease/buy debate. “I don’t have a $700 payment. Money in the bank. People who lease are idiots. Gonna go drop $700 on shocks and synthetic”
While outsized payments are true for most folks, there’s absolutely gold to be had in leasing smart. This is especially true in a state that doesn’t tax EV purchases and showers early adopters with gobs of government cash, but also true for ICE cars as well.
I have a all in $147 payment on a nicely equipped EV. If you were to net out gas and add back in my nominal cost to charge at home, I think I’d be somewhere around $80 per month. That’s a payment I am happy to pay for 10 years.
When you see someone shoplifting, do you stop them? When you see someone jumping someone on the street do you stop them? Yet for some reason, these same individuals lose their sh!t when they see someone speeding and feel its’ their duty to stop them. Just like that idiot in the truck in the video chi shared. He could have easily just let him go, but no, had to be the that guy.
Phoenix haha edition says:
February 4, 2022 at 9:30 am
Ok, so maybe it’s a stretch, but it seems from these two posts that someone likes to break the law and simultaneously want to enforce it for others…
Hahaha.
“One of those….loser.”
“It’s not your job to check the speed of individuals driving. Worry about yourself and follow the law.”
That metal get out of jail free card is license to kill.
Anyone can buy one for $500 per year. My father-in-law, who had shoes made out of lead, bought one every year. He wasn’t good with technology. Every time I drove his car (he always had very nice cars), I would check the computer for his highest speed and would reset it. Never was it under triple digits.
https://www.ebay.com/itm/224749562169?hash=item34541e2939:g:wpwAAOSwaFdhwAAW
I thought the strut price was pretty high too. As for the alignment, it sucks you have to pay for it as the only time you really should do it in NJ is when you buy four new tires or do major wheel (tie rod, ends, axle, etc) work. They are good until your first big pothole or curb hit.
I meant to say, fair, not high. oops.
I have one of these family member cards but I feel stupid using it, and probably will not. What it the proper etiquette?
me: hello
officer: drivers license, reg…
me: look at this shiny thing here you dunce!
officer: uh, okay, have a nice day
Is this how it goes? I just don’t see myself stooping so low to engage in the BS with them.
Dude ….. one on my best weeks in my career on a relative performance basis, but it was more about rebalancing across a number of portfolios and fortunate timing….. also, from all the way back in December 2019 when I flagged energy, specifically XOM/XLE, I have crushed the bitch….. saved my ass. All I did was stick to discipline and also used the the backdrop of earnings and news flow. All that said, I was just fortunate. A broken clock is right twice a day.
leftwing says:
February 4, 2022 at 7:39 am
So update from yesterday as I prepare for this morning.
First. I can’t state strongly enough how unusual it is for stocks the size of PYPL and FB to decline 25% overnight on earnings. Back-to-back. Not black swan territory, but the very far end of the probability curve. If your portfolio managed market or better returns this week, pat yourself on the back.
Oil 93
TNX 1.92
I meant December 2020
I can’t find the exact call, but the thesis began here……
chicagofinance says:
August 29, 2020 at 1:14 pm
I am just throwing out an incoherent jumble of issues…. no analysis, just points to consider.
Depends on where they want to go……. they were dropped to Aa1 by Moody’s in April….. is this related to COVID I guess? that is a lot of slack if they want to be creative and forward thinking. Personally, if you look relative to Chevron and Conoco, I ask what does being a top rung rating get them? They have fcuked up massively in so many ways, but they also appear to show no vision on capital structure. Bottom line though, this discussion is around the firmness of the dividend. Also, as an inflation hedge, they are the least reactive to energy prices……. the non-U.S. integrates are already cutting dividends, but I don’t care….. I thinking either XOM or XLE, but definitely lower than here, but where is the next downdraft?
leftwing says:
August 26, 2020 at 2:45 pm
chi, i just tossed xom on a watchlist…want to pull up some filings and research this weekend…likely too early but at some point….no?
Chi,
Congrats. Doesn’t it feel great to have saved your ass?
I’m in the same position. Just locked in my short and long terms gains on AMZN. I agree with most of what people have said here. I still love the company and long-term story. But end of Omicron means more people shopping in person. Also, they bought back their own shares for the first time since 2016. Not exactly bullish.
Now if the market would just crash already.
Strut price is $279 each, it’s the complete assembly includes the spring etc, nothing to do but pull off the sticker telling you not to touch the spring bolt. I am fine with that about $60 more than the price online for OEM, but shipping can easily eat that up. You can take it apart and rebuild etc for less, but it’s not worth the labor, and the extra parts.
I am questioning the labor price only, easy in and out six bolts all said and done it will be an hour up and down on the lift seems labor should be $100 less. I am cheap, I am using their 0% finance option and getting another 10% off and they are sending me an additional $60 gift card too, part of this month’s sale offer. So after discount, gift card etc it will be about $900. I would be happier if it was $800. Oh well..
I have to say. It is enjoyable driving an F150. If I didn’t commute so far, I might opt for one.
It’s funny how Pumps is so angry at the truck but not the car that passed on the shoulder and decided to sideswipe him. We now know exactly how he drives.
Chi, I sold XOM too early (65).
Given that you drove EV’s, this post speaks volumes about my personal reservations
grim says:
February 4, 2022 at 9:56 am
I’m actually interested in the new GMC Canyon with the Duramax diesel. Something appealing about midsize pickup with a powertrain that’s capable of 300-400k miles. With the larger fuel tank it’s something like 600 miles between fill ups
Keep up the good work on trying to stop people from going over the speed limit. Murphy should give you an award for being such a good citizen. What would NJ do without you.
BRT says:
February 4, 2022 at 10:52 am
I have to say. It is enjoyable driving an F150. If I didn’t commute so far, I might opt for one.
It’s funny how Pumps is so angry at the truck but not the car that passed on the shoulder and decided to sideswipe him. We now know exactly how he drives.
re: ” Struts are a pain in the ass when something goes wrong”
For me that was actually on the Palisades Parkway one late night driving home with friends from a club in Rockland county. Front right strut on my 1981 Firebird popped at 80 mph, was able to skid it to a stop on the grass median, luckily no rock wall like the video Chicago posted above we were further north just across the NY state line. Police came and gave us a lift to the palisades police station to make a call home for a ride, and cops never bothered to mention the fact we all were drunk too. If I remember correctly parts and labor back then was about $300 for the one strut and alignment and towing. They did a crap job on the alignment and I have to get new tires after that and then I sold it, as it was burning oil and not worth the time and effort to rebuild.
Last time I was stopped by Police was about nine years ago. The cops in Holmdel were running a plate reader on everyone, turns out I forgot to renew my registration. I rolled down the back windows to show my young smiling kids strapped into their car seats and told I them both to say hello to the nice police officer. They did and it melted him a bit, he said he could tow my truck and I explained that I am a mile from home and will renew online as soon as I reach the house. He took his time checked the paperwork etc and told me have a nice day and to take care of it right away.
Brt’s hero was driving that truck. He dreams of blocking someone in like that leading to an accident.
81 Firebird has shocks doesn’t it? Thought it was 82 that looked like Knight Rider.
Even jobs report is being manipulated. U.S. gained 1 million jobs, but lost 3 million workers to sickness. That’s compatible with lower economic output in January. Aka businesses new workers would be getting sick, so they hired more to make sure they can keep the business going.
knew workers
Q to board: I really need to get back in the gym. I got boosted in the fall and was really to stick my neck out after 2 years, but Omicron nixed it. Does anyone have advice? Including NFW.
“New note re how Bond funds could be the Fed’s Achilles Heel. They ok with shiny object selloff, but bonds a dif story and bond funds/ETFs just had worst stretch of outflows since March 2020 bc returns red across board. If outflows grow could see liq dry up, poss redemption halts.”
https://twitter.com/ericbalchunas/status/1489598093918150661?s=21
I remember that chi, very well….I was hesitant on entry into the oils but they worked well for me ATEOD. In later, out earlier than you but strong positive overall.
Congrats on the week. I’m just happy that with my two largest positions being PYPL and FB lol I’m only down about 1% total in the face of their declines.
Was helped by those fat premiums being my best friend….was writing FB and PYPL like crazy the last two days right after open in addition to my positions, holding many times for minutes….did a really nice F hit and run earlier in week…..yeoman’s work but it adds up….amazing some of the things that the screen will flash for picking during these dislocations.
“I really need to get back in the gym.”
Try this. Not so approved by the AMA, but fully approved by the PBA
https://www.androgel.com/
Actually ahole I think they are both morons and worse endangering the lives of the two other cars. And I knew you were going to assume that. You obviously don’t see the problem with the car just driving along in the right lane being put in harm’s way. You don’t have to pick a side between two people who are wrong…but like I said, you are wrong 100 percent of the time.
I think I have been around too long, I have had 3 F-150s and 4 F250s , I did need them for contracting work and apartment maintenance ( all 4 F250s had plows). The F250s were so much more powerful than the F150’s , although every single one lasted well over 100,000 miles. Loading up a pallet of concrete or a pallet of tile had no real effect on the F250’s but the F150’s struggled and did not handle well.
I now have a 2007 Ford Sportrac Limited, leather interior , V 8 5.4 liter, bought it in York PA 3.5 hours from home. Had it up to 90 on the way home…smooth ride, Love the truck and it keeps the miles off of my 2019 Chrysler 300.
Chicago
Have you tried Apple fitness? It’s $10 a month.
Yes 81 had springs with shocks. From what I remember the shock broke and the tie rod failed, hence we skidded when the right wheel turned out and was dragging, the front fender etc was not even dented.
Dropped 20 degrees in like 90 minutes.
BRT,
Chi, I sold XOM too early (65).
Hang on to the oil stocks, I rotated into them at the end of December, most pay dividends and Brandon is doing his best to scr*w up the country. A Russian/ Ukraine war will send oil to the moon. Think about buying it back.
Ps. Ignore Pumpy just a troll.
As a fan of Peloton, the Apple Fitness with an Apple Watch to monitor heartrate is probably the best option out there for people who are getting too old or fat for the gym.
I’m up to an hour a day on the Peloton. Still love it, though it’s not doing much to my mid-section. My legs are getting nice definition again and I can see my neck and ears coming back into my head. My ass isn’t sore anymore either.
Vigilante…came on to agree that if you are left lane at 70 and passing I would never run up behind you and that I personally don’t use headlights or horn…and then you posted this gem…
“I was going 70 MPH and slowed down ( I would never break check) only slow down to say 50 MPH, and stay at that speed…”
So you’d intentionally slow down your own trip, to beneath even the speed limit, just to intentionally impede another driver?
I see, you’re both dangerous and an asshole….
Re: your double fantasy of calling the police while driving and breathlessly telling them that you’ve GOT THEIR MAN and you are boxing this speeder in until they can send a Trooper to catch up with you on an Interstate and TAKE THE VIDEO for evidence….LOLOLOL, good fucking luck with that one. You’ll get laughed off the line at best or have someone sent to pull you over to see WTF you are smoking while driving…..
And on your point of
whoops, another stray hanging piece at the end there…too many screens open lol
The video Chicago posted above has the speed at the bottom, the driver filming was going 68 mph when the Honda driver showed up. The truck driver reacted like any normal person would to someone driving like that. He could not get out of the way, and the traffic ahead was slowing down, it’s exactly how I would have reacted going 68 MPH, driven defensively, he slowed down to 60 MPH, there were red taillights on the cars ahead. There was no way the truck driver could move over. It’s 100% the Honda drivers fault and that little should maneuver means he paid for it probably with the loss of more than just a car, that accident had to result in injuries at that speed, he hit the rock wall at perhaps 75 mph.
Bone Broke Me Fix.
Hahaha.
Juice, agree on nearly all points except you can see the truck intentionally fuck with him. Hit brakes hard with no taillights in front and then accelerate…..
Dude knew what he doing….
Having said that as I stated before the Accord driver maneuvers were insane and dangerous. And the outcome not a surprise.
Lib: Some Burpees will help the mid section.
President Joe Biden bragged about January’s better-than-expected jobs report, claiming he has created more employment than any other president in American history.
Hahaha.
And Texas is in a deep freeze right now. Hope they don’t have another energy crunch.
All joking aside, that would suck.
LW,
Play stupid games, win stupid prizes.
You wanna go faster than me, off you go. I have no problem with that.
They are called rabbits. Let them take the laser hit.
left? Hit brakes hard? They never dipped below 61 mph. watch the speed in the video, truck went from 68 mph to perhaps 61 mph when the Honda tried to lane split, in that short second it was definitely a wtf moment for the truck driver he was not trying to break check the guy he was trying to get out of the way with a car on his right.
Of course it was asking too much for the truck to let the car pass. This is exactly what you would do. It’s clear as day you support jerkoffs not letting someone pass. You are that guy in the truck. Both are morons, but the truck could have just let him pass instead of triggering the accord into a rage in which he tried to pass anyway he could.
BRT says:
February 4, 2022 at 11:25 am
Actually ahole I think they are both morons and worse endangering the lives of the two other cars. And I knew you were going to assume that. You obviously don’t see the problem with the car just driving along in the right lane being put in harm’s way. You don’t have to pick a side between two people who are wrong…but like I said, you are wrong 100 percent of the time.
You own the highway, right BRT? No one is allowed to pass you. Force the other driver into a dangerous situation all because you are such a dick that you can’t let him pass.
I expect better from you. Are you really defending the guy speeding up and slowing down all in order to f/k with this guy in the accord? Really?!
Juice Box says:
February 4, 2022 at 12:10 pm
left? Hit brakes hard? They never dipped below 61 mph. watch the speed in the video, truck went from 68 mph to perhaps 61 mph when the Honda tried to lane split, in that short second it was definitely a wtf moment for the truck driver he was not trying to break check the guy he was trying to get out of the way with a car on his right.
I usually try to signal Well ahead that I’ll move the instant I pass the next car to hopefully avoid them trying to pass on the right like a psycho the instant there is the slightest bit of space. Best to just let the mentally deranged drivers move on.
You haven’t been reading. Russia and China have formed an alliance. They are going to attack Taiwan and Ukraine at the same damn time. Hope this troll helped update your knowledge of the situation.
“A Russian/ Ukraine war will send oil to the moon. Think about buying it back.”
Sorry pumps, I’m too old and value my life and my kids future too much to get into potentially deadly road spats with unhinged drivers. I commute over an hour each way with incredible patience.
Yes, how hard is that. You don’t have to f/k with them by holding them up. How do you know they are not late for something important. Too many people see someone on their rear end, and automatically become angry dicks trying to brake check them or slowing down instead of just letting the person pass.
BRT says:
February 4, 2022 at 12:18 pm
I usually try to signal Well ahead that I’ll move the instant I pass the next car to hopefully avoid them trying to pass on the right like a psycho the instant there is the slightest bit of space. Best to just let the mentally deranged drivers move on.
Neither of us want to go to the gym still due to Covid, so we built a home gym in the basement. Have loads of free weights, weight bars, bench, Sunny exercise bike, TRX pro system hooked into a ceiling beam, yoga mats and a “recycled” older flat screen on the wall hooked up to a small Sony blu-ray box for streaming channels. Also have a spare laptop as well for easier navigation of YouTube or other workout content.
I have been debating getting a treadmill for years, mainly did not because one killed Tyson’s kid via strangulation, and they have injured many children. Now that they are older may get one. My own son rode our exercise bike once and slipped and nearly snapped his leg when he got it caught in the frame as the pedals keep moving forward for a bit after you stop pedaling.
Other than that no need for a Peleton or the silly looking Tonal that you have to have professionally installed and are so expensive they come with a payment plan and subscription fees for content. There is more than enough free content online no desire and need to pay for it.
Pumps – re: I expect better from you…and holding them up? Really?
There is a car squarely on the right side of the truck the whole time of this 1 minute video. The truck driver has zero fault and zero guilt here. Anyone that argues otherwise is completely glib. Whenever you are in a challenging driving situation the first reaction is always to pump the breaks it’s instinct and part of defensive driving. The lane splitting Honda maniac should lose his license.
BTW there was a 23 year old killed on that road the very same say. The Palisades is a very deadly two lane road that is why the speed limit is only 55. It used to be 50 for a long time. Anyone who drives it regularly knows this and out of control drivers like this one need to be taken off the road. I am actually for the camera system to catch people like this automatically no need to pull them over just keep fining them until they slow down and become a courteous driver who shares the road.
The police would rarely show up to a highway incident in progress. I was driving in my town a few months back and there was this woman who ran off the road, almost hit a pedestrian on the sidewalk, came back in. She then turned onto the same road I was heading and I watched her drive on the left across the double yellow and head straight for the car coming the opposite way. She swerved at the last second and then noticed me tailing her so she tried to hide in the parking lot. She had a handicap placard so she might have been dementia or low blood sugar or something. I had phoned in the cops who’s station is 2 minutes away. They never showed up and she started driving again. So I tailed her from about 500 ft back and almost saw 4 or 5 more head on collisions. I was on the phone with dispatch the entire time and finally, a cop shows up behind me and I say to the dispatch, you just gotta keep staying straight, she’s right ahead. The cop intentionally turned off the road and let her go into the neighboring town. That was their way of dealing with it. They did transfer me to the neighboring town. I tailed her to another shopping complex where she almost ran over someone in the crosswalk and after about 10 minutes, the cop from that town shows up. I gave him the 411, she’s either drunk or severely disabled. Then left. This should have been an easy apprehension in under 5 minutes but it turned into a half hour affair.
Agree to disagree.
Juice Box says:
February 4, 2022 at 12:40 pm
Pumps – re: I expect better from you…and holding them up? Really?
There is a car squarely on the right side of the truck the whole time of this 1 minute video. The truck driver has zero fault and zero guilt here.
Given the increase in these types of drivers since Covid lockdowns, I think lockdown derangement syndrome is real. Another one of the massive unaccounted for costs of copying Chinese fascists.
The accord guy was a total idiot. The truck guy was kind of a jerk (and may have been more of a jerk before the video started), but when someone blatantly tailgates me I get annoyed too. But I’d just pass the guy on the right a little bit quicker, to let the high speed tailgater guy get caught by the next upcoming police officer, clearing the path for my more moderate speeding. I want idiot speeding drivers well ahead of me to act as decoys. In the video, do we know for sure there’s not a car in front of the truck preventing him from passing that car on the right? Or maybe had a radar detector telling him that was not the time to speed up? Sometimes in busy traffic there will be one clueless person in the left lane (or a commercial truck with a speed governor) that just takes forever to clear the traffic on the right lane. They annoy me and can create really long lines of slower traffic.
Pumps. You are wrong on this one.
Even if the truck driver was being a jerk. The truck did nothing technically illegal. The idiot driver? Hopefully he’s dead.
I remember during COVID they started doing this as normal practice. I don’t recall reading that they stopped doing it. No reason other than to gouge drivers while other states, especially the ‘backwards’ state of FL that’s had toll by plate for how many years now? Way to lead Jersey.
https://www.nj.com/news/2022/02/drivers-with-e-z-pass-shouldnt-get-toll-violations-legislators-say.html
Just bought 50 shares of coin @194.50. I figure if innovative Cathy Woods buys coin @ over $300 a share, my buying it under $200 now makes me an innovative genius. Also thinking of buying GBTC again. Jumping up to over $40,000 today, just too nervous to pull the chord. I think I read this blog too much even though I was up over $18,000 last year on GBTC.
Chicago,
Low carb plus 45 minutes of a fairly high-intensity kettlebell routine 3 times a week, plus some walking or similar light activity every day.
Quite an inexpensive regime which doesn’t require much space, and doesn’t have to cost a lot of money unless you go for fancy steaks.
Sarah Lurie’s old Iron Core Kettlebell DVDs had a good intro and intermediate routine. I’ve seem some routines that are garbage though, either impossibly hard or too girly. A good kettlebell routine without taking breaks too long can build both muscle and endurance. Easier than going to a gym.
The problem is it’s hard to stick with either of those things (low carb or kettlebell routines), I’m living proof. But when I kept that up for a couple of years I was in pretty good shape. Family and society are constantly bringing empty carbs into one’s orbit.
Crude oil at $92.60. Don’t worry, O’Biden is releasing strategic reserves!!
Family and society are constantly bringing empty carbs into one’s orbit.
I’m 10 lbs. heavier since the WFH covid deal and it f.ucking urks me to no end. I’m doing a little on the exercise bike and some weights each day but being home and having access to all kinds of treats and shit counters everything. Any suggestions, I’m listening.
NoOne,
My only REAL pet peeve in life are intentionally reckless drivers. I don’t even get upset about the plethora of naturally bad, inexperienced and even the just plain stupid (for example, morons who pass the exit and then drive in reverse in the shoulder of a 65). If I see someone pulling up behind me at breakneck speed, I get over. I also get over when I see cars merging onto the road or even disabled in the shoulder. I have even learned to slow down and get behind a slower car when approaching an exit ramp rather than to speed up and cut in, in front of them. A cop once pulled me over for doing that, saw I had a squeaky clean driving record and let me go with a warning. Though he was absolutely right and I’ve been conscious of it ever since.
I drive a lot too. my 2015 has 120K on it and the two year-older SUV has about the same. I do most of the driving for the family. Gator probably about 25%. So about 20K per year. I’ve still never been in an accident in 36 years of driving.
Like you, I let the speeders risk getting caught up ahead of me and I usually make a mental note of the car to see if they do. Though the swervers during heavy volume are the one’s the cops really need to get. Around here, the profile is nearly always the same. Latino male, aged 17 to 21, in a cheap Japanese car with every stupid body mod possible. Usually, the mods are done so poorly that they are barely attached to the car. In about half of the cases, a corner of the car, usually the left rear body panel, from the wheel well, to the bumper, are either completely smashed or clearly Bond-oed. They drive like morons and then get off at exit 145 of the Parkway. Am I right? These assholes are more dangerous than the gangbangers with illegal guns. If I see one coming, I make a path through for them. These are the guys that are causing most of the accidents that I’ve witnessed lately. And when you see one, you are most definitely going to see a second person who he is technically racing. Crash up derby maybe, but I would not consider that racing. I often report them with #77 to no avail. I also turn my iPhone (which is mounted on my dash) into a road cam when I see them, praying they’ll kill themselves without harming the rest of us.
$100 oil by summer, probably sooner. Just think before Brandon we had oil independence. I guess Brandon showed that Trump guy who was boss. Although they both sucked, except Russia would not be messing with Ukraine with Trump around….Trump was crazy and Putin knew it.
Fast: I thought you were back in the office.
Chi,
Ive done a few of her spin classes, brutal but good. cant speak to her other offerings but search youtube and you can see some of her stuff for free. I think she has 7 day free trial.
https://www.studiosweatondemand.com/
FitnessBlender has some free classes too. Menu lets you pick what you want to work on, equipment of any, etc.
Resistance bands are good too. I like the large rubberband like ones: Serious Steel makes a good one and Rogue makes the absolute best ones. High reps with lower resistance can give tone with a bit if cardio.
Rogue slamballs are also good.
No idea how old you are, what kind of shape you are in or what your medical history is but if you took a few years off, might be a good idea to get a physical and let doc know your plans.
I also have a set of these: good for toning, range of motion / flexibility.
https://www.walmart.com/ip/Black-Mountain-Products-Therapy-Exercise-Bands-with-Resistance-Band-Carrying-Case-Door-Anchor-and-Starter-Guide/26420913
Empty carbs are the death of me.
I really wish the Republicans would put someone up worth voting for instead of all of these loonies.
We really have to start fracking again.
3b,
We were slowly alternating back in to the office two days per week and when omicron emerged, they put the brakes on it. So, back home again. Who knows what their next move is.
Lib,
white: bread, potatoes, rice are killers. Sigdal makes some great low carb crackers.
sweet potato hash browns (not out of the bag) with egg whites fill me up as sweet pots are high fiber and take a while to digest.
Most health insurance plans now have exercise and nutrition counseling programs / videos for free on their websites.
United Health for many members will pick up the monthly Peloton fee for a year.
Nomad,
I know sugar and white flour are killers. How do you halt people in the house from bringing home everything and anything that’s ev1l carbs? Not that anyone is overweight, it’s just that there’s access to everything food related. I don’t walk to and from the train every day like pre-covid and when in the office five days per week, you are limited to any snacks available. I’m aching for warmer weather so I can take my bike out.
I…need…to…stick…to…a…plan!
Libturd rcial profiling! After returning to Florida I have seen a lot more of these guys on the expressways. But there are fewer on the gulf coast than inside Orlando, where they are everywhere. I sold my 1994 Acura Integra GSR in 2002 to someone in NJ who fit this profile, though a bit older because this was a more expensive (and great) used car.
“Latino male, aged 17 to 21, in a cheap Japanese car with every stupid body mod possible. Usually, the mods are done so poorly that they are barely attached to the car.”
FAst
Have you tried nuts and dried fruit for your snacks? Costco has some dried fruits that are sulfate free and have no added sugars.
I lost 90 pounds in the past. I know how it’s done. I just have to do it. :)
Fast,
I can give you some nuts to put in yo ‘mouf.
Watch the first terrible episode of the Sex in the City remake to see how terrible using a Peloton is. First your horse-faced wife will make you jerk off on camera, then the next day you have a heart attack on your peloton and the video lady doesn’t give a crap.
To be honest, exercise bikes are just too focused on legs and cardio. At least ellipticals can give your arms a workout (thought I quit using the arms feature after realizing that the repetitive motion was making my tennis elbow worse). Give kettlebells a try for 3 weeks. Doesn’t cost much to start.
Fast,
Used spin bike on ebay until spring? Schwinn IC4 if you can buy for $699 is good residential spin bike other than that, need a commercial grade which is at least $1500 and Schwinn AC Carbon Blue is pushing $2k. Trader Joe PB / Oat bar not bad (carb wise) and filling if you chew throughly and drink big glass of water w it.
Spin Class from Studio Sweat will kick you backside. 30 min and you will be soaked and gassed. Cat Kom is the owner and instructor. Look her up on youtube.
Fast: Got it. So sense of urgency for anyone to get back to the office for those that were going back/ hybrid. Still only a few cars in the train parking lot in my town.
Be sure to click on filters to get the workout you want.
https://www.fitnessblender.com/videos
A 20 or 30lb kettlebell and a mat and a video will kick your butt. When you get stronger you need to buy a bigger one. Probably $40 to $80 each. UPS deliveryman doesn’t like it.
Ray Diallo says he believes we are on the way to some type of civil war. AOC says capitalism is an unredeemable system, and may need to be replaced.
Fast Eddie says:
February 4, 2022 at 2:15 pm
“I’m 10 lbs. heavier since the WFH covid deal… Any suggestions, I’m listenin”
Come down here to SW Fla. It’s 82 degrees and we’ll have light until ~6:30 so even after wrapping work I don’t mind jumping in the car and running to the gym. Not to mention the fact that no one even mentions the words covid, mask or vax. It’s a whole different — healthier and more pleasant — way of life.
Small Gov,
Sounds rather nice… a free society with folks who love America.
Nomad,
I have a stationary bike… I need more!! I need warm weather and alternating 1/4 mile inclines!
I didn’t say the accord wasn’t in the wrong, but when someone makes a move like the accord did and you intentionally speed up to block him again, you are f’ed up and have issues just as much as the guy in the accord. That truck was doing illegal moves by not keeping right and passing left.
Libturd says:
February 4, 2022 at 1:50 pm
Pumps. You are wrong on this one.
Even if the truck driver was being a jerk. The truck did nothing technically illegal. The idiot driver? Hopefully he’s dead.
And in a short time the heat will become paralyzing. Let’s hide inside during the summer, it’s so much fun.
“Come down here to SW Fla. It’s 82 degrees and we’ll have light until ~6:30 so even after wrapping work I don’t mind jumping in the car and running to the gym. Not to mention the fact that no one even mentions the words covid, mask or vax. It’s a whole different — healthier and more pleasant — way of life.”
This market is def going to crash, it’s insane. Ark etfs up big with 10 year going up. Okay.
“LW, Play stupid games, win stupid prizes. You wanna go faster than me, off you go. I have no problem with that.”
Yup. I’ll be left lane cruising past people in mid-80s and see someone coming up quickly. I don’t even finish passing the line I’ll find a space and scoot in to let the guy by. Or like someone else said maintain speed (or tap a little faster) and throw my signal on at the same time to let the guy coming up on me know I see him and as soon as I clear I’ll be moving over. Little courtesy does wonders for safety for everyone.
Lib, since I saw you pre-covid I dropped 60lbs and kept them off.
As mentioned egg whites. I’m at nine for breakfast with a half pound potato, better part of a whole chopped onion, and roasted veggies. Zero oils any kind. My breakfast plate is massive and heavy, 450 cals, maybe 500. I eat it late, 11a or after, and it lasts me to normal dinner time.
Booze is a killer for empty calories. I drank so little over the last two years wish I started earlier for that alone.
My maintenance (zero exercise) caloric intake is a pretty solid 2,000. Dinner is something dry (no oils, usually broiled or grilled) anchored by white meat or fish. I’ll grill/roast veggies on the weekend in quantity and refrigerate for the upcoming week. For me I need to make it easy to stay on track. 3/4 lb tightly trimmed chicken breast quickly grilled thrown in a can of Progresso Light soup with my own veggies is a 500 calorie filling dinner done in ten minutes…pair it with a fistful of already grilled different veggies re-heated in the oven and I’m at 700 calories for dinner, 1200 for the two meals. I can make it easily – sated and not feeling like I’m sacrificing – out of a day at 1800 calories regularly.
Fresh fruit always carved up and around on the counter, melons and pineapples, or berries. For filler between/after the meals. If my sweet tooth kicks in at night Yasso yogurt bars in caramel, fudge, chocolate peanut chips. 100 cals a hit.
Critical for me was tracking everything on an excel spreadsheet. Showed me progress and correlation. Kept me honest when I wanted to get creative with intake.
Like others here I can’t have it in the house or I’ll eat it. No control there. So I shop every other day in small quantities.
Zero breads. Can’t recall the last time I had a bagel unfortunately or any kind of sandwich. Ditto fried foods.
Oh, and cauliflower is incredibly versatile. I’ll grate it up, roast it on a baking sheet, and use it as a carb substitute in place of rice or potato.
Good luck, sounds like you’ve already made some nice progress.
3b – re: “may need to be replaced”
Foolish words from someone who graduated with a degree on international relations and economics. Has she even traveled anywhere overseas? Has she read anything about about modern history due to capitalism? The greatest achievements in human history in less than fifty years, lifting billions out of utter poverty and you never hear about it from these politicians. 80% reduction in world poverty and even more impressive a 97% reduction in the poverty rate in East Asia since the 1970s.
Globalization and free trade. We exported our way of building wealth and our free enterprise system and has created booming times internationally. In short, it was our gift to the world which has lifted billions out of utter poverty where they were living on the equivalent of less than a dollar a day.
It’s not stopping either just take a look at what is happening in Africa now. African Continental Free Trade Area (AFCFTA) and their blueprints and master plan for transforming Africa into the global powerhouse of the future. They aren’t going communist that is for sure.
Peloton up 20% on rumors of amazon acquisition. Apple should have done it.
3B – Ray Diallo latest book…..He has an interesting take on the US vs China dominance discussion. He does state something obvious, China is on the ascendant slope, and the USA won’t be prime forever.
Money, central banks, reserve currencies and their role historically in global growth and world order, lots of technical stuff he obviously used his staff at his hedge fund to do the research. He is investing billions in China and is talking his book for sure. Him Jawboning about a US civil war now? I don’t buy it, there were only 2000 people at the Capital last January most seemed to be hapless folks who fell for and got shafted by the Orange Clown.
When the truck sped up to the second car to block him them coming off the shoulder that’s when it turned malicious.
My vote for exercise at home is a Concept 2 rower. better workout and a lot cheaper than a Peloton.
https://www.concept2.com/indoor-rowers/concept2-rowerg
Pumps rumor is Robinhood getting bought too.. Buy the rumor sell the news. Peloton’s business must be worse than reported if the M/A guys are now floating rumors.
Amazon regularly clones best selling products and then kills the inventors/sellers business. I could see Amazon building their own bike and selling it before they buy Peloton. What do you get with that buy? 50 trainers and a bunch of unsold inventory and designs they could do better inhouse for less.
If you want to understand Amazon you need to understand their engineers, they would rather build their own inhouse switching equipment than buy it from Cisco. They have their own fiber optic cable laying equipment and ships rather than pay the telecoms for internet bandwidth.
Build a bicycle? Sure why not we have a built our own tablets too so FU Google Android, we will borrow your OS and create our own online store to sell subscriptions.
I don’t buy it…
Juice: Some people find AOC feisty and spirited, and a breath of fresh air. I find her to be an obnoxious idiot, with narcissistic tendencies. I guess she skipped her lectures in college. She should find one area and become knowledgeable in it. Instead, she seems herself an expert in every subject matter.
As for Diallo he is right in that we are rapidly in decline, just look at the crap that people are arguing over , and the faux outrage across the board on both sides.
I don’t see Amazon buying Peloton: as Juice said they will build their own. And, I certainly don’t see how it would be a fit for Apple.
3b – re: AOC feisty and spirited, and a breath of fresh air.
Reason why many democrats don’t like her is because she does not work the phone banks for the party out of the Washington DNC offices to raise money for other Democrats. She is no Nancy Pelosi for sure and does not put in the hard work and time it takes to support the party. He legislative record nothing to brag about votes NO on most stuff.
Vitamin D deficient Covid patients 14 times more likely to get severely ill.
https://www.dailymail.co.uk/news/article-10477041/Does-Vitamin-D-work-Covid-Israeli-study-finds-nutrient-big-indicator-severity.html#comments-10477041
When will studies on vitamin C, zinc, Quercetin come out? When will studies showing taking anti inflammatory meds as soon as symptoms appear come out? Or should we keep telling people who get Covid to go home and comeback once you get really sick instead of taking 25 cents a day of vitamins and supplements?
Wouldn’t be the first time M&A due diligence is used not in good faith to further the ‘acquirers’ own business….wonder if there is an actual process in place or if the ‘leak’ regarding PayPal was a discrete way of offering the company for sale…didn’t they just do a massive share offering a couple months ago around 46? Hopefully they’ll at least recoup that for shareholders if they sell….
Juice,
I said this last week because the price dropped so much. Now WSJ reporting.
https://www.wsj.com/articles/peloton-draws-interest-from-potential-suitors-including-amazon-11644012693
https://www.cnn.com/2022/02/02/investing/paypal-consumer-spending-stock-earnings/index.html
I bought all the way down in 2000-2001. I didn’t know any better.
I watched friends buy all the way down in 2008. They didn’t understand the mortgage bond market.
Why are so many willing to baghold for billionaires this time when it so damn obvious?
https://twitter.com/rjrcapital/status/1489637781034967040?s=21
Hold, there have been thousands of studies. Covid 19 is the most published topic in science journals the past two years. The authorities are content to ignore, or better yet, suppress because they are still pushing the most ineffective expensive medicine (Remdesivir) that the WHO said nearly a year ago, didn’t work out and was causing more problems through side effects than desired. Apparently, Fauci didn’t get the memo.
https://c19early.com/
This website catalogued the effectiveness of each treatment attempted in the studies in an attempt to present a table. You can take the percentages with a grain of salt but they were derived from the studies. What we see is querctine, zinc, and vitamin d were all more effective.
The reality is, and many doctors have proven this without clinical trials, if you throw everything at it early Monoclonals, Vit C, Vit D, Antibioitics (for pneumonia prevention), NAC, Zinc, Quercetin or HCQ for Zinc delivery, and maybe even some horse dewormer, you are likely to beat it in a matter of days. They tell the common folk to go home. What do you think they gave Chris Christie and every other politicians? They give them the everything except the kitchen sink.
“I’ve never seen such an extreme pump and dump..Today was inverse of yesterday: squeeze to the extreme in one direction, then almost right at the close, completely reverse it and squeeze the opposite direction right into 4:15pm option close. Tell me that’s not purposeful shakeout”
https://twitter.com/momobagholder/status/1489714378039517186?s=21