From the Star Ledger:
Murphy unveils plan for big property tax rebates to nearly 2M N.J. households
Gov. Phil Murphy announced Thursday his administration will extend property tax relief to about 1.8 million New Jersey households by replacing the state’s Homestead Benefit program.
The tax relief initiative is part of the governor’s state budget proposal he is set to unveil during a speech at the Statehouse in Trenton on Tuesday.
Under the new program, New Jersey homeowners making up to $250,000 would be eligible to receive an average $700 rebate in the first year, and renters making up to $100,000 would be eligible for a rebate up to $250 to help offset the cost of rent increases due to property taxes.
“We want this to mean lasting relief that keeps families in their homes,” Murphy said while announcing the plans during an event at Fair Lawn’s municipal building.
The Democratic governor stressed this would apply to about 1.15 million homeowners and 600,000 renters. Rebates for homeowners would appear as a credit on property tax bills, and payments to renters would be made by check or direct deposit.
“We don’t want property taxes to force families out of great communities like this,” Murphy said of Fair Lawn, a Bergen County suburb where the average property tax bill hit $11,527 in 2021.
Murphy said his administration plans to ramp up the program over a three-year period, and the state investment would swell to $1.5 billion annually, bringing the average rebate per eligible household to $1,150 by 2025.
First
Second
This rebate is tossing a glass of water into a lake. Once again, the appearance of doing something substantial to appease the hooples.
And just when you think it can’t get any worse under this O’Biden administration, why do I fear that something larger can happen at any moment? This administration leaves the Carter administration in the dust as far as taking the prize as worst prez ever. At least we had hefty CD and savings rates under Carter to cushion the pain.
Worst governor ever! Highest real estate taxes in the whole USA. But loved and cherished by the NJEA, PBA, FOP. We give the state thousands each month and he throws us back a few pennies.
I would leave NJ in a second if my family was not here. Phil SUCKS!
Hearing chatter about suspending Russian visas in US and requiring all Russian nationals to return home immediately.
What a dumb idea. First off, we absolutely need the support of the Russian people, and Russians in America are not only part of that, but a critical part of the information flow back into Russia. At this point, the most probable end-game for the war in Ukraine is one that’s driven by the Russian people.
We should be going the exact other way. Biden needs to be speaking out in support of the Russian people, protesters, in a very positive way. All the EU leaders need to be. Biden needs to be seen working with Russian community leaders across the country.
There are 2.5 million Russian Americans, almost 500k of them born in Russia.
Even better, build coalition between Ukrainians and Russians in the US – real brotherhood, not Putin’s f*cked up idea. This is Putin’s war, not Russia’s.
Suspect this humanitarian corridor is going to get completely f*cked up, due to Russia’s lack of communication/coordination with troops deep in Ukraine. Most of these guys don’t have radios, or good enough radios to cover any real distance. Plus, they are now so fragmented, so even if a group did have radio at one time, it’s not going to help.
Economic Worries Mount in China
More than two years into the pandemic, China has a problem: It can’t convince its people to spend more money. From canceled vacation trips to cutting back on dining out, Chinese consumers have remained cautious, refusing to spend like Westerners during the Covid-19 era. Now that is becoming a bigger worry for Beijing, which is trying to reignite growth at a time of rising economic uncertainty due to Russia’s invasion of Ukraine and global inflationary pressures. Chinese leaders are widely expected at annual parliamentary meetings starting this week to unveil measures to stimulate more spending. Authorities have also recently eased credit conditions, including making it cheaper for companies and families to obtain loans. Those steps and potentially more will likely be needed if China is to achieve an expected growth target of 5% or more this year, Stella Yifan Xie reports.
I’m guessing we’ll be removing Russian salad dressing bottles from the supermarket shelves and relabeling them. I’m guessing we’ll call it Liberty Dressing.
Newark banned Lukoil gas stations.
None of which are owned by Lukoil.
From Bloomberg.
Devon Energy says that Biden administration has been silent to them relative to strategic steps and ramping up production.
Johnathan Ferro really put the screws to the Assistant Secy of Energy just now. Basically he asked what they were doing? Response? A blathering non-response.
India continues to dig a hole with their repeated abstentions in the UN. This will clearly get to a point that India is not able to back-pedal from.
Not clear why US will not commit to arm India if they renounce Russia. Since when did the US ever have a problem selling expensive weapons?
Organization provides critical project fundingaround the world that helps US directly or indirectly. They have a Ukraine fund.
https://spiritofamerica.org/
Founder is successful VC, Jim Hake bio:
https://spiritofamerica.org/about/team/jim-hake
US adds 678k jobs in Feb much higher than the 440k expected.
Hearing chatter about suspending Russian visas in US and requiring all Russian nationals to return home immediately.
Spoke to a few Russian immigrants the past few days. They are feeling the effects of this moreso than anyone. We get to look from afar and observe. They are living it everyday. My coworker is constantly in distress because she periodically is having trouble reaching relatives. She’s also been supporting her 80+ year old parents by working here and sending money back. She can’t send anything back.
re: cancelling Russian visas
I just check returning flights home to Russia. Seems there is little demand, Newark to Moscow connecting in Paris, then Turkey is $426 one way. From here you would need to connect via Turkey or Dubai to get there.
Air Travel already is expensive but with $100 a barrel oil and well flights to Asia now can no longer go over Russia, it adds as much as two hours to the flight to go around burning allot of extra fuel. New Path is to fly south over North Africa and the Middle East to get to India or other parts in Asia.
https://www.axios.com/ukraine-russia-war-reroutes-your-flight-7a588564-0be9-4bf9-b682-8ada85915ba5.html
F’ed.
Hands down, living in one of the most f’ed up 3 years in a long long time.
“State of Kentucky’s Teachers Retirement System was the second-largest shareholder for Sberbank of Russia (The largest bank in Russia).
Their position dropped 95% in value from $13MM to $778K”
7:10 sorry but the title for worst President ever goes out your hero, the undisputed heavyweight champion of all time losers. Donnie “they stole it” Drumpf
Here is a theory on why the 40 mile long Russian column of Trucks (not tanks) hasn’t moved in four days.
“Those aren’t Soviet-era heavy truck radials,” Muth said, commenting on a photo of a Russian army vehicle with ripped tires.
Instead Muth believes the trucks use “Chinese military tires, and I believe specifically the Yellow Sea YS20.”
“Former pentagon staff member Trent Telenko also got stuck into the debate and said “poor Russian army truck maintenance practices” has created a risk of equipment failure.
“When you leave military truck tires in one place for months on end. The side walls get rotted/brittle such that using low tire pressure setting for any appreciable distance will cause the tires to fail catastrophically via rips,” Telenko said.”
“This is a tire I first encountered in Somalia and Sudan. it’s a bad Chinese copy of the excellent Michelin XZL military tire design,” he continued.”
https://www.cityam.com/cheap-chinese-tires-blamed-as-russian-convoy-unable-to-reach-kyiv/
Capt True, but Trump was a lunatic. What is Joes story 50 years in DC , 8 years VP, supposedly a foreign policy expert. The fax that Biden is not Trump is not enough.
Ed,
“This administration leaves the Carter administration in the dust as far as taking the prize as worst prez ever”
That is the first back-ended compliment to Obama..you are softening
Juice: I wonder what the quality of China s own military equipment is?
See who is on your pension board Pumps. In many states, it’s volunteers with absolutely no financial education nor credentials. Don’t mean to be mean, but those not in the know will end up putting your retirement dollars into canned pancake batter turned Crypto miner since they will be susceptible to playing the sucker.
I asked at my company who makes the decisions as to which options are available in our 401K. It was HR 20 years ago. This was changed after my urging and now it’s a group that consists of a mix of executives that are very knowledgeable and astute investors. Our fund choices changed from every Morningstar 5-star rated (might max at 4, but it’s garbage any way) fund in each popular category to a variety of lower cost funds that might not have been the best performers in the past couple of years. Suddenly, most of the funds actually beat or matched their underlying benchmarks rather than reverting to mean and underperforming them. They continue to change and increase our options. It’s clear we have smarter people, concerned about their own huge 401Ks, making these decisions for us. I used to b1tch and moan constantly about not being able to choose where to invest my own 401K. Now that I have smart options available, I’m cool with it. You might want to look into how your pension is invested. I guarantee it’s run by either a bunch of non-experienced appointees loyal to the union. Or dumb volunteers, like kindergarten teachers. Why don’t you find out?
There’s a reason Wall Street affectionally refers to money in defined benefit and defined retirement plans as “dumb money.” They really do!
Sounds like more armchair bullshlt. The Chinese know how to make tires. They stole all of the know how.
You could as easily surmise they are setting up for the long haul and allowing cililians an out.
Capt_Cuck says:
March 4, 2022 at 9:23 am
“sorry but the title for worst President ever goes out your hero…”
Sure, if you consider securing the southern border, achieving energy independence, forging middle east peace deals, etc bad things. For those of us that live in the real world, SlowJow is in fact the. worst. ever. Now get back to the household chores your wife left for you before she went to work.
I think interpreting the events as anything but methodical is wishful thinking. Americans have an awfully short term memory.
Covid was going to kill us all and Afghanistan was going as planned just a few months ago.
Here you go Pumps. At least 7 of the 16 members have a clue. All are cronies of course.
“Pursuant to N.J.S.A. 52:18A-83, the State Investment Council is comprised of sixteen (16) members.
Nine members are appointed by the Governor for five year terms, and are drawn traditionally from the corporate investment community. Of those nine appointments, eight are made with the advice and consent of the State Senate. One appointment is made from nominees submitted jointly by the President of the Senate and Speaker of the Assembly. The statute requires that at least seven of the nine gubernatorial appointments shall be qualified by training and experience in the direct management, analysis, supervision or investments of assets, which training and experience shall have been acquired through academic training and/or actual employment in those fields.
Four members are appointed by the Governor from nominees submitted by various employee organizations. Two of the four members are appointed for five year terms from nominees submitted by the New Jersey State AFL-CIO. One of the four members is appointed for a three year term from nominees submitted by the New Jersey Education Association (NJEA). The fourth member is appointed by the Governor for a three year term from nominees submitted by the State Troopers Fraternal Association. The statute requires that these four appointments shall be qualified by training, experience or long-term interest in the direct management, analysis, supervision or investments of assets and this training, experience or interest shall be supplemented by academic training in the fields of economics, business, law, financial or actuarial science or by actual employment in those fields.
Two members, representing the Public Employees’ Retirement System (PERS), and the Teachers’ Pension and Annuity Fund (TPAF), are designated from members of the respective pension system’s board of trustees and serve three year terms.
One member is designated by the Chief Justice of the New Jersey Supreme Court from members of the Retired Judges Association of New Jersey and serves a three year term.
All members serve until reappointed or a successor is named and has qualified.”
You are a putz! Household chores make you a p#ssy? Why don’t you grow up?
SmallGovConservative says:
March 4, 2022 at 9:42 am
Capt_Cuck says:
March 4, 2022 at 9:23 am
“sorry but the title for worst President ever goes out your hero…”
Sure, if you consider securing the southern border, achieving energy independence, forging middle east peace deals, etc bad things. For those of us that live in the real world, SlowJow is in fact the. worst. ever. Now get back to the household chores your wife left for you before she went to work.
re: Tires.
Yes Military tires, very very good tires… We sell to you at a good price… only $ 15 each.
https://www.made-in-china.com/multi-search/military%2Btires/F1–PP_country%2Bcross%2Bmilitary%2Btire/1.html
Murphy property tax rebate thing . . .
NJ State Govt annual spending is something like $35B.
Statewide primary annual school spending is something like $16B.
I don’t know off-hand what is spent on muni services and county services, so I will just estimate that each is about equal to school spending, so muni and county together are about annual spending of $32B.
Off-hand (if someone feels like looking it up, please correct me!), these numbers mean that the State, County, Muni, and School Board spending in NJ is around $83B. That’s annual spending, not accounting for the huge unfunded future liabilities in the govt worker pension and healthcare plans.
If this number hits $90B, then NJ would be spending $10,000 per year per NJ resident. $10k! NJ is currently knocking on the door of spending $10k per resident per year on state and local services. $40k for a family of four.
Murphy is collecting or borrowing $10k per resident each year and handing back $750 per household (so, that could easily be $250 per person or less). So, it’s robbing Peter to pay Paul, and then taking money out of Paul’s pocket with the Gov’s right hand and handing him some of his own money back with the Gov’s left hand.
Rebates are always a gimmick. How about just collecting less in taxes? But then you can’t make the claim of how great it is that you are giving us our money back.
Pumps – NJ Pension Fund was up huge for the 2021 year – 29% ..had nearly 100 Billion AUM at that point, really their best year ever made up allot of ground for sure.
For some strange reason they stopped publishing the monthly performance reports or are just a little behind…..Last Updated: Wednesday, 01/26/22
I would love to see how it’s doing since year end.
https://www.nj.gov/treasury/doinvest/directorsreports.shtml
Russia gained a lot of territory in the South and East yesterday, even as the Kiev front remained mostly unchanged.
Could be massive propaganda or misinformation, but there is a Russian battle plan circulating around which was allegedly retrieved from a dead or captured Russian officer that identifies the initial assault as being a 15-day campaign. So, even if it takes Putin 30 or 45 days to conquer all of Ukraine, then it is conceivable that that would still be within the Russian military’s “worse case” contingency planning for the initial subjugation of the country. Further, I’m reading more content that identifies the “Russian military doctrine” as being accepting of much-higher casualties than US military doctrine. Thus, until this gets to about 45 days and I don’t know how eye-wateringly high in Russian soldier casualties, it’s hard to say that the Russian military committed a military blunder. Geopolitically, economically, from a war crimes perspective, and in terms of Putin’s hold on Russian power – yes, seems already like a blunder by Putin. Obviously, from a humanitarian persepctive, this is all horrible beyond any individual’s comprehension.
Here is another tyre factory in China, advertises right to Ukraine and Russia for military tyres, shows a bunch of their military equipment with the tires mounted.
Nice Pics of the factory too.
https://royotyre.en.made-in-china.com/product/TKkJWtpAThrY/China-Super-Military-Truck-Tyre-Bullet-Proof-Ukraine-Russia-Army-Tires-15-00-21-1300X530-533-1500X600-635-1600X600-685-15-5-20-E2-Heavy-Country-Cross-Tire.html
Question is did someone in Army procurement by the $15 tyre or the $80 one?
Yea, lib, wall st crooks love to feed off pension funds. Wall st would lose a lot of money without them. I don’t know how they are allowed to get away with it, but no one gives a crap. Still blows my mind that no one said a word when the pension fund was being raided… no one.
That huge pension payment was made just in time. Thank god. Now, let’s hope they don’t lose it all.
“Pumps – NJ Pension Fund was up huge for the 2021 year – 29% ..had nearly 100 Billion AUM at that point, really their best year ever made up allot of ground for sure.”
That’s what sucks about a pension. 401k, I can move it out if I feel times are getting bad. Pension fund….I have zero control over my money.
Well, if you get it, it’s for life. If I was healthier, I would trade mine for yours. Heck, I’d consider trading mine for your healthcare alone. Or I could just move to CR.
Crushed Putin may conquer Ukraine but I don’t think he will hold it.
What is surprising me about the current market is how orderly this correction has been. I’m attaching two charts for those who are interested in it. All of the horizontal upwards sloping lines I drew in in June of 2021. The one downward sloping vertical line I drew in when the correction started. I am really not a big fan of TA. But this drop is following all of the rules I learned both in the short-term and the mid-term. We’ll see if it’s correct in the long-term in the next couple of months.
https://photos.app.goo.gl/mzPJHqdWWnkN923V9
Try to take care of my health as much as I can so that I get the most out of my pension. Just hope I get it…
Libturd says:
March 4, 2022 at 10:36 am
Well, if you get it, it’s for life. If I was healthier, I would trade mine for yours. Heck, I’d consider trading mine for your healthcare alone. Or I could just move to CR.
Nice share with the charts. Seems like this is going to be a slow drain. Hopefully doesn’t go on for more than a year or two.
Juice, thank you for posting the pension fund report.
NJ and I suppose many state pension funds are invested in a lot of nonsense. Lots of high fee allocations to private equity and other alternatives. It’d likely be impossible to muster the political will to do this, but I would prefer if their investment strategy was just allocating over VTI, VXUS and BND. Haha, wall street would revolt.
If I was reading the report correctly, $1.5B net was taken out (inflows of funds versus outflows, not counting investment return) of the $100B fund in 2021. Would be interesting to know what the peak projected yearly outflow will be: $3B? $4B? I’d imagine there is a near-term peak because more-recent hires have a higher pay-in and reduced pay-out.
When the economy collapses, you’ll need an OPRA request to get the pension fund results.
Speaking of huge investment fund clients paying high mangement fees, here are the Ivy League endowments:
(1) Harvard: $52B (Total); ($2.2M per full-time student)
(2) Yale: $42B (T); ($3.5M per student)
(3) Princeton: $37B (T); ($4.4M / student)
(4) UPenn: $20.5B (T); ($.8M / student)
(5) Columbia: $14.3B (T); ($.5M / student)
(6) Cornell: $10B (T)
(7) Darthmouth: $8.4B (T); (1.3M / student)
(8) Brown: $6.5B (T); ($.6M/ student)
Phoenix is fine. I just checked in with him. He mumbled something about collecting more canned goods for his bunker and said, “Worry about Putin. Not him!”
That a boy, Phoenix!
Gas goes up by the day, yet I doubt they get daily deliveries. Gas station owners taking advantage and adding to the inflation. No reason a gas station should be raising prices every single day.
I have a friend who manages Colorado’s state pension. He basically said, they just own a slice of everything. Every stock, every bond, every asset backed security.
Small,
Can you add best motorboater of Rudy in drag to the “his accomplishments” txt file?
https://www.youtube.com/watch?v=K9Kp_eHMQ7s
IMO, Biden is far worse. I thought GWB was the worst of all time but 1 year in, he’s on pace for the WOAT award in my book.
Shut up
You don’t like the price, then drive down the street, buy a more fuel efficient car or (super double secret) drive less.
The Great Pumpkin says:
March 4, 2022 at 11:33 am
That a boy, Phoenix!
Gas goes up by the day, yet I doubt they get daily deliveries. Gas station owners taking advantage and adding to the inflation. No reason a gas station should be raising prices every single day
For what it’s worse, I’m beginning to think Biden is worse than Carter. He’s not quite Trumpy, IMO. But he’s making headway.
lol, yes, they should have to sell you the asset they own at last weeks price
https://www.courier-journal.com/story/news/education/2022/03/04/amid-russia-invading-ukraine-kentucky-teachers-pension-system-caught-middle/9373911002/
Well it’s just funny how slowly the price reflects current price when oil is on the way down, but when oil is going up, these f/ers raise it daily. Just don’t complain about inflation when you support this bs.
BRT says:
March 4, 2022 at 12:41 pm
lol, yes, they should have to sell you the asset they own at last weeks price
I do go to the cheapest name brand gas stations. I refuse to pay the gas stations that charge up to a dollar more. I was paying 3.80 for 93 from sunoco when at the same time other gas stations were charging 4.80 for 93. F them with a brick.
Chicago says:
March 4, 2022 at 12:25 pm
Shut up
You don’t like the price, then drive down the street, buy a more fuel efficient car or (super double secret) drive less.
Wayne has some healthy competition with gas stations, but other areas are getting robbed.
If I was really cheap, could currently get 3.64 for 93 from some no name gas station by my house that only accepts cash.
Obammy was just blah.. empty.. nothing there. He talked a lot but anyone with any level of street savvy saw right through this guy. The media pumped him up constantly but his presidency was just meh. Nothing earth-shattering or ground-breaking, just another follower of the communal doctrine blabbing on while meager hooples clung to his meaningless words.
O’Biden, on the other hand, is just a marvel of failure. He brings ruination to another level. His first year follies is eight years worth of blunder. Calamity Joe is an intellectual in the art of fuckupery.
Trump is hated because he achieved a slew of wins despite his arrogance. He’s still winning really because everything he stated about energy dependence, strong defense, security and market strength is currently playing out. One side gets participation trophies based on symbolic gestures and the other side takes action resulting in tangible victories.
I can see why his leftist antagonists loathe him; they’re tired of seeing their ideas fail.
Well it’s just funny how slowly the price reflects current price when oil is on the way down, but when oil is going up, these f/ers raise it daily. Just don’t complain about inflation when you support this bs.
We spent 10 years telling you about inflation while you cheered on every policy that led to this, now you see fit to lecture us on the topic. Zero self awareness. You know what’s funny, you were badmouthing any petro investment after the crash 2 years ago.
Want cheap gas? Check out the area of NJ about midway in between AC and Philly. Think, Atco or Hammonton. I’m not sure why, but it’s always about 40 to 50 cents a gallon cheaper than here and about 20 to 30 cents cheaper than it is down in Union where I usually get it.
Costco by me is still decent $3.39 regular and $3.71 premium.
Costco Wayne? $3.71 regular and $3.89 premium.
Must be that haughty zip code.
If I owned a Lukoil right now the sign would be down and Moe’s Gas sign would be up. What are they going to do pull the franchise?
Facebook now blocked in Russia.
“Russia’s communications agency Roskomnadzor announced Friday that it is blocking access to Facebook in Russia. It cited 26 cases of “discrimination against Russian media and information resources by Facebook” since October 2020, in addition to the more recent restrictions Facebook has placed on Russian state media outlets.”
Want cheap gas? Check out the area of NJ about midway in between AC and Philly. Think, Atco or Hammonton. I’m not sure why, but it’s always about 40 to 50 cents a gallon cheaper than here and about 20 to 30 cents cheaper than it is down in Union where I usually get it.
Is Michael Francese operating down there now?
Just to give you an idea of the impact in Russia there are 37 million users on Facebook in Russia and 9 million users on Twitter all now blocked by their telecom companies.
Apple’s App store is now blocked too. Apple has about 20% market share so somewhere around 20 million affected out of about 94 million smart phones in Russia. The other smartphones are mostly Android. No app updates directly from Apple of Google Play. It’s a killer for Apple, the Androids can be updated by their telecom owners but those “stores” are used less.
The blocking of social media from the West and well app stores and some online gaming has to have some effect of the everyday Russian, perhaps more than the other sanctions.
I wonder if our friends at anonymous are going to do more, as in take down cellular communications by bricking allot of smartphones in Russia. Not saying it can be done easily but I would say it would not necessarily be impossible.
“Hearing chatter about suspending Russian visas in US and requiring all Russian nationals to return home immediately…We should be going the exact other way.”
Offer any Russian soldier on Ukrainian soil permanent residency in the EU/US if they stop fighting and turn themselves in….the war ends tomorrow….
180k soldiers? Spread the defectors out pro-rata across the EU/US states by population.
There’s immigration I can support.
The total is fewer than the illegals we get MONTHLY at our southern border….
Grim – re: India.. yup military aid….
They are saying FU to the west. India started a nuke program we don’t like and started blowing them up in 1998. We then put sanctions on India consisted of cutting off all assistance to India except humanitarian aid. The have refused to sign and join the Nuke Non-Proliferation treaty only one a few countries to not sign it. India, Israel, Pakistan, and South Sudan.
Also of note India’s navy is powered by Russian nuclear reactors, they are building a small fleet of nuclear submarines with nuke missile launchers and they are also built with high grade Russian steel. Very few countries can make the steel used in nuke subs that can withstand 80,000 PSI.
So will the US support their nuclear ambitions like the Russians? NOPE…
News says Russian soldier are being offered money already, to both turn over their tanks and surrender. Problem is getting the message to them. They are not allowed to have smartphones and well even if they did apparently Ukraine cut off their access to the cellular networks there.
https://www.yahoo.com/video/russian-soldiers-offered-bitcoin-exchange-054425507.html
Costco North Brunswick $3.30
Cheapest gas I’ve seen is on the causeway to BFB in Camden, and on Rte 1 in and just south of Edison.
“Trump is hated because he achieved a slew of wins despite his arrogance. “ (ignorance) hahaha truth is….
He literally achieved NOTHING
Russians came into Ukraine looking for hookups on Tinder, posting videos on TikTok.
Then they realized they were probably being tracked and targeted. So away that all went.
On Ukraine,I don’t think the Russians don’t intend to stay, it seems Yanukovich will be coming back or someone in that ilk, and I expect the next action would be joining Russia’s security bloc. I suspect they will consolidate around the black sea and annex that Russia, Ukraine can have nominal freedom as long as they do not host western military. This conflict is just further supporting Putin’s view of the world, he knows his military is hopelessly outclassed by NATO and that the US has many levers to use against Russia, and sitting US Senators are calling for his assignation. The power imbalance is so severe the US can largely dictate internal Russian politics. I think Putin realizes this and unless he can regain control is toast in the 2024 election, my suspicion is was about retaining power, if he can outfox the west and achieve his goals he can bolster his domestic support. If you saw his speech he looks very good compared to the crackpots we have in the west.
Beware the ides of March
I’ll leave all of the best/worst commentary to the tds people but trump years had record increases in disposable income. It lifted all ships.
Inflation outpaced wage growth by 2.4 last year. I’m sure it was a great year for lobbyists however.
He literally achieved NOTHING
I get it. You’re resentful because your ideals are failures and Trump had a long list of successes as president. If you had to list O’Biden’s achievements, what would they be?
Keep dreamin’ fool.
“You might want to look into how your pension is invested. I guarantee it’s run by either a bunch of non-experienced appointees loyal to the union.”
Even the ‘industry’ appointees are generally first political, not the most qualified. I’m sure the definition of ‘industry participant’ is quite broadly interpreted.
Re: tax rebates…”So, it’s robbing Peter to pay Paul, and then taking money out of Paul’s pocket with the Gov’s right hand and handing him some of his own money back with the Gov’s left hand.”
Don’t forget all that reallocation of our/your money come with a massive vig off the top of more government employees (salaries, bennies) to actually take and redistribute your money among yourselves. Neat trick actually….give me $10k, I’ll give you $750 back, and I’ll employ someone I know to do it and pay them out of your $10k.
All boats, his big Orange rear..my pay went down under Trump. I got no raise in 2018 after tax cut, RIFed by bank (not unexpected as 800 let go over years) searched 5 months to find another job then took about 10% pay cut. No raises in 2019-2021. Last month, I got 5% raise and biggest bonus since I joined. Thanks Joe.
Grim, you have to watch France 24 live stream on youtube. Seems to have the best coverage I have seen yet. They are showing the fake videos from past movies that Russia is showing there people.
Could you imagine Eddie if trump continued buying Russian oil after the invasion? 24×7 meltdown.
Biden let the green weenies box him into a corner with energy policy and we’re beholden to depots again.
Which industry? Must have strong lobbying. Exxon stock doubled within a few weeks of the election. Biggest profits since the bama years.
Could you imagine if Biden called Putin ‘a genius’ and ‘savvy’ and generally s*cked his c*ck during his presidency. Run him again, red hat mooks…he won’t catch people by surprise in 2024. Lots to answer for when coward tries to re-enter. He won’t be able to just hang up on NPR.
They said they think it’s Russia; I have President Putin, he just said it’s not Russia,” Trump told reporters. “I will say this: I don’t see any reason why it would be. I have great confidence in my intelligence people, but I will tell you that President Putin was extremely strong and powerful in his denial today.”
GOAT,
My head spins imagining the inferno coming from the media if Trump fucked up virtually everything that occurred on slo jo’s watch. It’s amazing that brandon has absolutely nothing to demonstrate as a success. His speech the other night contained nothing. It was so bad, even his toadies were disappointed. It was a laundry list, a campaign speech, contained 40 year old barbs aimed at the right and out loud laughable suggestions combatting the nation’s ills. Cry or laugh, both are fitting.
At best, it’s disputed. The rationale and evidence for Russia intervening on trumps behalf is convoluted.
NPR is propaganda. An enemy of the constitution. I not only would hang up on them I would defund and dissolve it.
As I’ve stated previously I’ve not been a registered member of either party, despise both, and think (even before he was elected) DJT was a hot mess…..
So coming from no bias…..it is truly amazing how Biden fucks up everything he touches.
I guess it was predictable…his entire career and adult life was being one of 100, and the only real qualifications during that time to remain a member in good standing of that club was the ability to backslap and be not objectionable. Never led anything, for even one day of his adult life. Blends in with the wallpaper for 50 years and gets rewarded with the Oval Office. LOL, this country is a joke.
My head spins thinking that a man who was a D and manipulated the media for 30 years to build his brand was suddenly the victim of it during his R Presidency. You can’t fix dumb and gullible with the cult.
Oh GOAT..don’t forget follow-up. Anything else I can point out since memory is so bad
“I accept our intelligence community’s conclusion that Russia’s meddling in the 2016 election took place,” Trump said. But diverting from his typewritten notes, the President added: “It could be other people also. A lot of people out there.”
Anything else? Now his VP, AG and everyone else comes out against him except young rabies infested idiots like DeSantis, Lauren Bobblehead and Marjorie Adolph Greene looking ride the crazy train for cult votes:
Former Vice President Mike Pence will urge Republicans to move on from the 2020 election, declaring “there is no room in this party for apologists for Putin” as he further cements his break from former President Donald Trump.
4:46 burn some books while you are at it you piece of shit.
Christo Grozev says Russia runs out of miltary juice on Sunday.
https://twitter.com/nexta_tv/status/1499807262084325379?cxt=HHwWhoCzgcawsdApAAAA
Christos wiki page
https://en.wikipedia.org/wiki/Christo_Grozev
I find it weird that cable news doesn’t mention much abotu the Holdomor. It seems like the memory of that historical event would be part of why the Ukrainians would be motivated to fight for maintaining independence.
The last time Ukraine was governed from Moscow included Stalin, the 1930s, and millions of famine deaths.
Harris will be going to Poland and Romania. I hope one of her aides tell her Romania is not Rome, so she can’t stop and visit the coliseum.
Interesting.
“Speaking to few professional traders today, in the game 25+ years. None of them can understand the Dax/Dow divergence.
It’s not money flowing into the US.”
WW3 = economic war?
we shall see says:
March 4, 2022 at 5:34 pm
Christo Grozev says Russia runs out of miltary juice on Sunday.
https://twitter.com/nexta_tv/status/1499807262084325379?cxt=HHwWhoCzgcawsdApAAAA
Christos wiki page
https://en.wikipedia.org/wiki/Christo_Grozev
How the West Unplugged Russia From the World’s Financial Systems
Western financiers severed practically every artery of money between the country and the rest of the globe, in some cases going beyond sanctions
https://www.wsj.com/articles/russia-ukraine-sanctions-banks-finance-11646428069?reflink=share_mobilewebshare
Yup, dropped the mother of all economic bombs on them. Wonder what China thinks about this. What are the implications?
“This unplugging of the world’s 11th-largest economy opens a new chapter in the history of economic conflict. In a world that relies on the financial system’s plumbing—clearing banks, settlement systems, messaging protocols and cross-border letters of credit—a few concerted moves can flatten a major economy.”
Think I’m going to ride this oil train. Buying into OIH for the short term.
Think I’m going to ride this oil train. Buying into OIH for the short term.
sigh…Eddie Mush strikes again
https://www.youtube.com/watch?v=4ulWjFfLsL0
leftwing says:
March 4, 2022 at 4:49 pm
“…it is truly amazing how Biden fucks up everything he touches.”
Wait until we get a look at the deal he cuts with Iran. Sounds like he’s completely caved on everything — no sanctions even on Revolutionary Guard, resumed oil sales, arms purchases from Russia. One more disaster for the worst president ever.
Musk kicks Biden now
@elonmusk
Hate to say it, but we need to increase oil & gas output immediately.
Extraordinary times demand extraordinary measures.
Told ya…
We just posted reports that the ceasefire was not holding at the end of the evacuation route out of Mariupol.
We are now hearing the city itself is still under shelling.
“The Russians are continuing to bomb us and use artillery. It is crazy,” Mariupol deputy mayor Serhiy Orlov told the BBC.
“There is no ceasefire in Mariupol and there is no ceasefire all along the route. Our civilians are ready to escape but they cannot escape under shelling.”