From the Big Picture:
Are We in a Recession? (No)
Are we heading into a recession? According to quite a few observers, this is almost no longer a question, but rather seems to be a fait accompli.
I am skeptical, but others are much less so.
…
As a reminder, the official NBER’s definition states “a recession involves a significant decline in economic activity that is spread across the economy and lasts more than a few months.” Specifically, the criteria include “depth, diffusion, and duration” — none of which is present today.
Given the economic data, it is startling (if not foolish) to state we are in a recession right now. As noted, “low unemployment, continued job growth, and other signs of economic health” make that timing moot. Second, because the economy is cyclical, it means a recession is always coming. (It’s called a “Business Cycle” for a reason).
The key issue is timing. Is a recession imminent?
I think not. Not in this quarter, or the third quarter. I am doubtful even the fourth quarter of 2022 (possible, but improbable).
Why? Because most of the leading indicia of economic contractions are not present today. Inflation remains a concern, and the biggest warning sign is the stock market: Year to date, the S&P 500 is off 13.3% and fell nearly 20% from its all-time highs. But neither of those are determinative. As my colleague Ben Carlson points out, bear markets can occur outside of a recession, and “they tend to be shallower and less lengthy while recessionary bears are greater in both.”
…
The current monthly coincident state index shows all 50 states economically expanded. That not only makes it impossible for us to be in a recession today but also makes it highly unlikely we will be in a recession anytime soon.
first
sEcOnd
Th – Yarr – d
Recessions are for the pooooors
Recessions are rayciss.
Lib: I really like the Telluride, and would have bought it instead of buying the SUV I had been leasing, but the purchase price was 50k! Supply chain issues etc. I did not want to pay that kind of money, so will wait until we get back to some kind of normal, and revisit it.
No recession? LMAO. Okay, barry.. This dude see the price of gasoline? He see how much sales have dropped off in housing? That means realtors aren’t getting paid, mortgage guys aren’t getting paid, and new homeowners not buying new appliances/goods for new home. That alone will send an economy into recession.
Consumer spending is what percentage of the U.S. economy? Personally, I’m pulling back on any purchase that isn’t necessary. Food purchases are whatever is on sale, trips to Lidl and that type of thing. Forget eating out and take out, it’s all way too expensive and nowhere near being worth the price. It’s not a matter of if I can afford it, everything from food to items are out of whack pricewise. If I’m doing this, so are tens of millions of others… even in Haughtville towns. Sounds all like the groundwork for potential recession.
Teachers are recession proof. Unless they get eliminated by online schooling.
Cops are recession proof. The wealthy need the enforcers at all times.
Fabs….lol, don’t even know where to start which is why I don’t start political discussions with you…
Here’s a real easy summary even you should be able to understand….the rate at which guns are used in mass shootings is 0.00000006.
Only a fool tries to fix a problem that occurs with that infrequency by eliminating the other 99.999994% of activity that does not cause the problem.
Apply that analysis to any aspect of life….hell, you would literally never leave your house. GE never came close that sigma.
Right now give Alex Karp available data and I’m sure in three months they will be able to pinpoint with a high degree of accuracy a very small universe of individuals highly predisposed to mass killings. What next? You will still a universe many thousand times larger than those that will actually commit crimes.
Don’t even need Karp…disaffected angry loners are fairly easily identified and overwhelmingly over represented among shooters. Again, what do you do with that data?
The issue is very complex and even omitting any discussion of gun rights touches on fundamental questions of who and what we are as a society.
Such complexity is why I don’t discuss politics with your crazy ass, far left wing sound bites ‘reasoning’.
Have a good day. And in case you’re wondering the sky is blue in everyone else’s world today.
If you can invest in pancake batter in a can, here is a better investment for you:
This Smells Like My Pooshy: Kourtney Kardashian and Gwyneth Paltrow releasing quirky $75 scented candle through their Goop x Poosh collaboration
https://www.nj.com/entertainment/2022/06/i-just-moved-to-new-jersey-from-alabama-heres-what-shocked-me.html
Alcohol causes more deaths than guns. In fact, take away alcohol and and less people are likely to use guns as weapons as many of those assaults are done while someone is under the influence.
Lst’s not forge the fact about medically related injures due to alcohol consumption like cirohisis. Or unwanted preganancy.
Water is the only liquid the human body needs, all other nutrients come from food.
“60 days Pumpkin-free!!!!
Congrats, brother!
cirrhosis
sorry.
Mountain lion CAPTURED inside California high school: Teachers and students were locked in classrooms and evacuated.
Better than an SRO.
Left: Congratulations to you too!! 60 days!! 2/3 of the way to our goal!! It can be done, I especially who was the worst in this regard am proof that it can be done. Well done to both of us!
Yeah it’s nice…especially when he goes on those weekend benders with six posts in a row….just scroll right over and move on to something productive or enjoyable the next morning.
Anyone else in here with a non-alcoholic fatty liver ?
That’s why they can beat us….we have too many weak individuals that would never sacrifice for the greater good. Most Americans are now experts at complaining and doing the bare minimum.
“HONG KONG—As Shanghai tries to get back to work this week after a two-month anti-Covid shutdown, companies are beginning to bring back employees and restore supply chains.
For many workers, there was a different sense of relief: They finally got to go home after weeks spent living and sleeping in stores, offices and factories to keep the economy turning.
“I’m very happy to go back home. Living and working at the office was a very unusual experience,” said Lily Hui, who spent almost two weeks hunkered down with around 20 of her colleagues at a pharmaceutical company in eastern Shanghai. They slept on military-camp beds next to their desks, in conference rooms or corridors. Evenings were spent playing cards or watching TV series.
Companies deemed critical, such as auto makers and chip producers, have been on a whitelist system that allowed them to operate under a “closed loop” throughout the citywide lockdown. Employees could either live at their workplace or commute to work after applying for a “return-to-work permit” with neighborhood officials. Other companies required their staff to stay at their workplace to keep business going, meaning some had to sacrifice being with their families.”
Decriminalize drugs in the entire USA and you probably reduce firearm homicides by 30-50%.
Between 2000 and 2014, US homicide deaths were about 10K-13K per year.
Starting in 2015, they started rising. From 2015-2019, it was about 13K-15K per year.
Then, Covid maybe changed things. From 2020 – present, we are at about 20K firearm homicides per year.
My theory is that 30-50% of firearm homicides are arising from the drug trade (killing snitches, turf disputes, robberies of drug dealers, robberies of people looking to buy illegal narcotics, etc). Included in that is people who carry guns due to the drug trade who might kill someone they have a personal, non-drug-related dispute with.
Regarding the rise in firearm homicides, I think the low socioeconomic classes adopted social media more as time approached 2015. Social media public posting causes some people to grab their gun and shoot someone for talking ill of them. Before social media, one might hear that another said something cross, but with social media he can read it with his own eyes.
Post-2020 . . . I’m thinking it’s a reaction to perceived chaos being permitted during BLM protests and police leaning back after George Floyd.
Left: Agreed. It’s a positive for myself and for the blog. It took me sometime to understand that I was impacting both my enjoyment of all the insightful and interesting posts on the blog as well as everyone else’s . I was part of the problem, now it’s addressed.
Opec to increase production, but crude oil futures higher. aka clown show.
3b and Lefty- two peas in a pod. How cute. Maybe 3b can invite lefty over and complain about life together, this way 3b’s wife can get a break for once in her life.
Crushed: Interesting theory, and perhaps has a lot of merit. Have you given any thought to whether or not decriminalizing drugs would increase the use of drugs and create more or larger problems? How cheap would coke and meth and all the other drugs become if they were legal?
3B – Would you re-locate your job to West Palm beach, seems to be a possibility now.
Juice: Any particular reason West Palm Beach, or just a general question? We plan to eventually spend the winters in Florida, but our kids are all up here, so would never live in Florida full time.
Ed,
Agree but my kids are young so basically impossible to reduce costs. Piano, karate, camps etc. Pretty crushing with fuel and food costs up too. I am lucky that reduced mortgage down over 7 years and re-fied down to 2.5% 30 year in 2020. I fought my taxes in 2021 and staved off almost 1500 yearly increase. I don’t know how buying homes 30-50% more today on top of everything else. It must be DINKs or people about to be parents with zero clue about home ownership hammer about to come down.
Well as you know some finance companies have been moving jobs out of NYC for a long long time now, decades really whether it be across the river to Jersey City or far fling locations in the western mountains. So there is more talk of moving teams to distributed locations to lower costs. The management teams say they don’t want to pay the implicit and explicit costs anymore. So if you covered Latin America for example do you really need to be in NYC or is Florida a better location? Same true with covering Asia. We had friends who relocated to Hong Kong for a few years. The trend continues to move these jobs, again nothing new here as you know, but there is opportunity. It’s not like every client has offices at 9 West 57th Street anymore, it actually the opposite now less and less in NYC.
3B – I was listing to Tom Keene this morning. He was talking a Silicon Valley exec about WFH and the statement made by Elon Musk yesterday. He said no way no how these people in software specifically are going back in full time, and he was talking about the software teams in Silicon Valley not auto manufacturing. They just aren’t the same as we all know. The numbers prove it too. I like to post MTA and LIRR, Metro North and NJ Transit stats etc. Well for Silicon Valley the Highway 101 the numbers of vehicles crossing the Dumbarton and San Mateo-Hayward bridges continue to lag. The Dumbarton Bridge westbound crossings used to hit 40,000 westbound vehicles a day before the pandemic. Well since then it’s maxed 31% lower that the pandemic. about 25,000 or so. Traffic has not recovered. The Exec Tom Kean was speaking with also said the pool of workers applying for jobs is much larger as it’s worldwide now, as software teams are now used to WFH and remote options etc and that trend continues.
Juice,
We are seriously considering moving out of the country. There is opportunity elsewhere and I fear for high cost locations like NYC suburbia. Jersey City has become a middle / back office farm for cheap H1b labor coming from Edison and Metro-park. It is impossible to compete. I would change professions (Tech Program Mgt) if there was little demand but tons of demands but rates are too low to support life in this area. Basically, corps want to offer same job and same rate in 3 hybrid locations (NY, Charlotte, Plano as example). There is basically no adjustment for high CoL in NYC area. They simply don’t care. Live like a king in Plano for 75/hr or die for 75/hr in NJ. Those are choices.
Juice:,Sorry I see what you are getting at now. My company prior to the pandemic had geographically dispersed all functions throughout the country. I have noted this repeatedly over the last few years. I had the opportunity to relocate to Jersey City, thereby eliminating NY taxes, which was in effect a raise plus another raise eliminating the 3k commuting costs per year with WFH. Only 2 members of my team including myself are in the NYC area, the rest are mid west and south. I could relocate where ever I like, as we are not going back to the antiquated 5 days a week in the office. I have more interactions now then I ever did with people all over the country then before the geographic dispersion and WFH.
And more Wall Street/ finance firms and legal firms are going and will continue to go in this direction. Even more so with a looming recession. Dumping real estate is a huge saving’s.
Family wise however, we won’t relocate to another area, same with friends. Only question now is do we move to the shore, or further north out of NJ, but still near by. That decision is ultimately up to my wife, as I am flexible either way.
Phoenix,
This is a dumb statement for you to make:
“Cops are recession proof. The wealthy need the enforcers at all times.”
Are you aware that it’s poor people who need law enforcement the most?
One in 61 people in Camden face violent crime. In Trenton it’s about 1 per 100.
Are you wearing a Che shirt, dreaming that noble gangs of redistributionists will solve society’s problems? The reality is more like Somalia.
You’re not going to complain if someone steals the tires off your parked car? Or some dude decides to play the “knockout game” on your head.
Police may be dumb, corrupt and dirty, but that’s something that should be solved by their employers (i.e. taxpayers and voters). Anarchy is worse.
Well they will be replaced. This isn’t about the worker. It’s about the business. You think Elon would make such a demand if WFH was good for the future of his company? He doesn’t give a damn about the worker, he only cares about getting s/t done. He is obviously seeing major problems with remote workers for him to come out and put an end to it at his company. Use logic dude. You really think he came out with this out of nowhere or because he sees a major problem with it?
The joke is on people who think they are going to continue to get 6 figures to work at home. Half of these people are on vacation instead of working. How does one focus on work when working remotely from a vacation spot? Please tell me. You have some of these guys going cross country while working remotely….how the f/k do you focus on your company while doing this? Save me the bs.
“He said no way no how these people in software specifically are going back in full time, and he was talking about the software teams in Silicon Valley not auto manufacturing.”
Juice: To Bystanders point we could also move to the old country, not permanently, but could be a great base for hopping around Europe in the winter. We have property there on the west coast, and have looked into modular houses to build on the property. It’s site approved for construction, and there is a house on the property now. Too expensive to renovate, but kind of sad to tear it down.
3b,
You do not work anymore….stop lying. lol
Juice,
I can sympathize with Musk if he’s talking about managers of people who are working in an auto factory. If the workers are on the physical line and their boss is texting them instructions from Rancho Mirage, they are gonna get pissed off, and also those line workers will probably try to get away with stuff.
On the other hand, if you job was already mostly about typing things on your computer and having virtual meetings, then there’s a lot less to gain by shoving them back into corp offices.
There are some (to me annoying) people who like turning everything into a “huddle session”. Perhaps they don’t know how to write. Perhaps they are skirting rules and don’t want to put it in writing. Some of those people probably really want to get back in the office.
Notice that pretty much zero writers of literature work in a corporate office? Or painters. I wonder if there’s an office somewhere where all the people writing for Hallmark Cards are held. They should probably be out attending funerals, weddings, birthday parties, and walking through gardens for inspiration, not squatting together in cubicles.
Juice: They are resurfacing the train parking lot in my town. Police were concerned about parking for commuters, and suspended the parking regulations on the streets near the train so commuters could park on the streets during the work. My friend who lives on one of the streets said no impact, as there are only a handful of cars in the lot on a daily basis.
No one: Some of the people at my company who complain about missing the office are the biggest BS ers and spend the better part of the day gossiping and doing nothing, and then complain about all the work they have. Sadly, for some the office is their social life as well.
Face it, the anomaly that is our current job market has led to white collar tech workers to be coddled. The day of reckoning is coming for these people. They had it far too easy and good for way too long. The most overpaid individuals in the game. When the economy tanks, and the money stops hitting these tech companies, good luck! There will be blood…
Again, the best screener for a company when hiring is whether the worker will come in or not. That’s how you know they will be dedicated to the company instead of complaining to you about their needs for flexibility/or whatever else they always will complain about. Easy way to screen for the lazies that only care about themselves. God send for companies, imho.
Think about it. If the guy you are interviewing for a job is already making all these f/ing demands, why would you want to higher them? They are a walking problem and will never ever stop complaining after you hire them. Easy way to solve it, make the job in person. Easily weeds out the good workers from the problem workers.
I went into the office yesterday – didn’t talk to a single person about work, beyond on zoom calls, had some side talks not related to work. It was completely worthless to go in. I am sure tomorrow when I go in again there will be minimal folks I need to talk to there.
We have a target for 3 days, but 2 days seems to be what people are doing. I think its a good balance.
No One – Just took a look at Tesla’s openings on the autopilot teams where there is allot of pressure to get it done, level 5 self driving after all is Elon’s biggest promise for sure.
Nice story about them online. They have about 300-400 super-talented engineers working on autopilot and well there are openings many in Palo Alto but not all, some in Austin, some in Belleview Washington, some in Buffalo NY. So that management team is definitely not all in once place. Perhaps a few were driving in their Teslas when they joined his weekly conference call…. The story goes when Elon meets weekly with the Autopilot management team he often is remote and dials into the conference call while driving a Model S Tesla which is itself driving itself in autopilot mode. Again this is the management team so who knows where they are for sure but definitely not all in one office, perhaps a few were doing the same driving in their cars while joining the conference call and it pissed him off, as well full self driving isn’t here yet for the customers. The pressure on them must be immense.
Mike,
It’s because workers feel entitled now. They are too busy complaining and being angry that they have to come into work. It’s a bad disease. Making workers lazy as f/k and angry when they have to work in-person. You see it now with low paid workers at fast food restaurants. They are pissed they have to come into work. They work like s/t. If the guy making 6 figures doesn’t have to go to work, why should I? This is a bad disease and it’s the result of an overly hot labor market. The only way you cleanse this from the labor market is with a recession. Make people grateful for having a job instead of crying that they have to go into work.
I mean how long before landscapers, construction workers, teachers, restaurant workers, old people’s home workers, hospital workers, etc start saying f u! I want more money for having to actually go into work since all these other jobs are paying more and allowing their workers to stay home, or go work from a vacation location? When do they start rebelling?
Mike: I went in two weeks ago, as it is an option for us, to use the office if we want, no assigned seatings, all hotel ing. Had an HR presentation that lasted an hour. And then met a friend for lunch in lower Manhattan. Some people hung around after the presentation, others left right after. Enjoyed lunch, but pretty much a waste of time. JC was quiet, and lower Manhattan even quieter.
Ford Motor to create 6200 new union jobs in the Midwest, and spend one billion to upgrade factories.
Just because certain people need them potentially more than others doesn’t mean that is happening or will happen in the future.
No One says:
June 2, 2022 at 10:44 am
Phoenix,
This is a dumb statement for you to make:
“Cops are recession proof. The wealthy need the enforcers at all times.”
Are you aware that it’s poor people who need law enforcement the most?
One in 61 people in Camden face violent crime. In Trenton it’s about 1 per 100.
Tesla still hasn’t accomplished Level 3 self driving, though has claimed it was imminent for each of the past 5(?) years. It sucks to have a boss promising something to the public when the team working on it knows it’s not happening now, and isn’t sure if it can happen.
Musk is virtually the only person in the industry (besides his sycophants) who thinks that you get a safe level 3, 4, 5 self-driving using pretty much only cameras, or who thinks that stuff like LIDAR just “gets in the way”.
One could hypothesize that he was saving money in the short term by removing the extra sensors last year, and may end up hurting the self-driving program longer term. He’s the sort of guy who wouldn’t just cut production because of sensor availability. I think he’s the sort of guy who would instead say – we didn’t really need them anyway, cameras do everything we need, those sensors just got in the way, so lets ramp up our car production and promises anyway.
He’s the guy who got rid of Mobileye because they told him it was unsafe to try to do more with their self-driving components than they were designed for.
If any other US car company tried to get away with pushing boundaries like that, the Ralph Naders of the world would be all over it, crusading against their “deadly greed” etc.
Does anyone remember eating at a Howard Johnsons restaurant? How was it?
As a kid in the 70s I remember riding past them and wanting some of their 31 flavors of ice cream, but don’t think I ever had any.
It was once the largest restaurant chain in the US, now it’s officially dead.
https://www.cnn.com/2022/06/01/business-food/howard-johnsons-last-restaurant/index.html
Feds Brainard sees no reason for September pause, perhaps smaller increase, but says still lots of work to do for Fed to get to their 2 percent inflation goal.
Speaking of unions….white collar workers working remotely while blue collar workers work on the front line is the quickest way to unionize businesses.
I do not understand your rhetoric. Can you break it down for me? Are you implying we need a constitutional amendment to get to the heart of some people’s desired gun control laws (i.e. an amendment to repeal the 2nd amendment)? I think everyone would agree on that (agreeing as to the process required, obviously not everyone agrees on the proposed changes).
Fabius Maximus says:
May 31, 2022 at 6:40 pm
JCer it good you are acknowledging the need for Red Flag laws, but they need to be consistent across the country. And its not unconstitutional, even in Heller, Scalia acknowledged that.
In fact, if you can repeal Roe, why not start will revoking Heller and send Gun rights back to the states and they can regulate the Militias. Or why don’t you explain the 21st amendment to me? Was that solution unconstitutional?
Eggs predicted to go to $12.00 a dozen!! Stock up now!!
“WASHINGTON—China is poised to launch its newest, most advanced aircraft carrier, in a major step that will enable its navy to expand its military operations on the high seas.
New satellite imagery reviewed by The Wall Street Journal shows that after several years of work in the Jiangnan Shipyard in Shanghai, China’s third carrier, known as a Type 003, may be afloat in coming weeks or even days, analysts said. The Type 003 is China’s third aircraft carrier, and its largest and most advanced. It uses new electromagnetic catapult technology akin to what the U.S. and French carriers have to launch aircraft, analysts said.
“Once operational, China’s third carrier will greatly expand its ability to secure its near-sea interests while also enabling the [Chinese Navy] to project power further away from the Chinese mainland,” said Matthew Funaiole, senior fellow with the China Power Project at the CSIS, an independent nonprofit research organization in Washington that provided the imagery to The Journal.”
Credit card debt balances increased by 52 billion in the last quarter of 2021; the largest increase on record. I guess all the stimulus money we have heard so much about is gone.
Fabs- re: “if you can repeal Roe”
Roe was never a federal law, there is no repeal to be made. Congress can’t pass a law yet to codify.
As far as an amendment, wrong process takes too long. Last one the 27th took over 200 years for the states to finally ratify it. 26th took a few short months, but there was a war on and the 18 year olds were going to refuse to be drafted in they could not vote.
Any kind of admendedment to to the second amendment at the federal level could take a hundred years or more for the states to ratify.
I will agree that that way we do things needs to be updated. 7,314 words in Apples Terms and Conditions yet only 7,591 words in the Constitution including the 27 amendments.
There has to be a better way..
No One,
HoJo’s was nearly a carbon copy of Friendly’s (though it happened in opposite order). Their big thing was unlimited breaded and fried clam strips. If there was one whole clam’s worth of strips in the giant plate of fried batter, you had been lucky. Their ice cream was very mediocre too. They were pretty much the same thing as Denny’s and Bob’s Big Boy too, but with a smaller emphasis on breakfast. Rather bland, common diner type stuff and crappy coffee. You didn’t miss much. They tended to be attached to hotels with the same namesake in hopes they would get the highway business as well as the lodgers. I guess the HoJo’s in Time’s Square finally closed down. I never realized it, but always wondered how they could afford the real estate. Tad’s Steaks closed last year for those wondering. I imagine, there are no more GOOD cheap eats in midtown.
Hate to date myself, but I remember when I was in college Maamoun’s falafel sandwich was $1.50. It’s $5.50 now, so really, not too bad. My tuition was $37.50 a credit back then. It’s now $410. So the sandwich went up about 300% in 33 years. Tuition went up more than 3 times that at 1066%.
3B,
I just saw pictures of the redesign of the 23 Telluride. They killed the appearance of it. The headlights now look like a Darth Vader mask. The grill looks cheap and plasticky. No more rectangular daytime running leds nor the cool lettering. Though it’s doubtful there will be many 22 leftovers, if you can find one, you might get a good deal. I read in forums that the supply has caught up to no delay at least for most dealers. Perhaps I’ll look for a used one on leasetrader in a couple of years once the glut of new cars and the recession knocks people out of their unaffordable leases.
Jen Psaki said the O’Biden regime has been working non-stop on the baby formula shortage since February. Yesterday, O’Biden said he didn’t know about the shortage until April. Any questions?
Also, this new press secretary s.ucks. She stumbles more than a 4th string running back on a practice squad. She should take a seat with that Jumanji chick… the one who doesn’t know what a woman is. I think going forward, every application I fill out will now have me as an African American woman. If that’s the new path to success, who am I to argue? Remember, to a liberal, it’s all about appearances and rhetoric!!
Lib: Thanks for the heads up on the Telluride. Too bad they screwed up a beautiful vehicle, wonder whose great idea that was, guessing a money saving thing.
Will try to get out and look after I come back from a few back from vacation next week. Off to Montauk/ Hamptons with the beautiful people!!
Eggs predicted to go to $12.00 a dozen!! Stock up now!!
I joked last week that they’ll be $10 a dozen. Amazing. Well, if I thought like a democrat, my reaction would be that the egg industry is filled with greedy b.astards who want to line their pockets at the expense of the poor! The egg industry needs to pay their fair share. So, we need to form a commission to research the creation of a new subsidize program: EGG – the Egg Giveaway Grant. This program will be funded by a tax increase on those earning more than $200,000 per year though, you and I know the tax burden will really fall on a family of four with an income of $78,000 per year. There, another problem fixed.
“I will agree that that way we do things needs to be updated. 7,314 words in Apples Terms and Conditions yet only 7,591 words in the Constitution including the 27 amendments. There has to be a better way..”
I’d take the other side…brevity is beauty. The Constitution is amazing in the manner in which it was produced (requiring consensus), given the time and conditions that existed at that time, and with the foresight to endure especially by providing for its own evolution and being more conceptual than specific. Many drafters wanted the most specific part, the Bill of Rights, omitted as they deemed it redundant…thank goodness they relented. The Constitution is overall a framework, not a set of directions, and that is a large part of its strength.
Also, importantly, recall the States created the Federal government not vice-versa. And they created (and subsequent territories joined) the federal government specifically on the terms and conditions in that document, ie. absent the Constitution there would have been no Union nor Manifest Destiny.
If I were TX or FL and actually gave a damn I would sever the State’s relationship with the Federal government. Not secede. Just act as if the Feds no longer exist claiming breach of contract, ie. the federal government the State joined is no longer following the terms that bound it so the State will not be bound one-way. Love to see a creative constitutional lawyer run that up the Federal judiciary.
Fast: funny! And a lot of truth in that. Nancy Pelosi s husband was arrested the other day for DUI. I wonder if he will get points on his license, and pay the insurance surcharge? Nah , he will get off with a stern warning.
Left: It’s only a matter of time before some of the real crazies on the left, demand that we discard the entire constitution, as it was written by toxic white males.
“Fast Eddie says: I joked last week that they’ll be $10 a dozen. Amazing. Well, if I thought like a democrat, my reaction would be…There, another problem fixed.”
Spoken like a true Dem.
Fast Eddie for President 2024. On the Blue ticket, of course ;)
AOC is on the committee to draft legislation to hold a binding plebiscite once and for all on Puerto Rico s political status. I can’t believe an idiot like her, with zero qualifications except being of Puerto Rican heritage is part of this critical process. I would not let her call in a take out order to a restaurant.
Libturd,
I vaguely remember back around 1976/77 you could get a can of soda for one quarter. Probably a candy bar too from vending machines. I was a little kid, but I remember going on a real shopping spree as a little kid just by getting spare change out of a piggy bank.
Amazing that looking up on the internet Howard Johnson’s menus from the 60s, you could get a mediocre meal for about $1, and the fanciest steak dinner was under $3.
Though for perspective, the Chock Full O Nuts NYC restaurants during the depression sold a 5 cent meal of coffee with a sandwich made of cream cheese on raisin nut bread.
Back around 1988 I think my cost of in-state tuition plus books for college in Florida came out to under $2000 per full semester.
3b,
Stop hitting on her, she’s taken now.
https://www.youtube.com/watch?v=Qj2Xald7NYQ
No One: She is attractive, but away from the physical aspects, dumb women are totally unappealing to me. And some, stay dumb their entire lives. Of course, I am sure dumb men would be unappealing to women as well. And AOC s case not just dumb, but arrogant, and that’s even worse.
This market is nuts. DNA opened at 2.95 today and is now at 3.52 on no news. These day traders def getting roughed up in this market. The swings are insane. Get it wrong and dead.
AOC is hot! Forget the politics… she’s got a smoking body! To the female readers here, sorry for having a male, heter0sexual moment; I know that’s very passé and offensive these days and considered a form of male aggression to envision a female. I’ll try to think like a liberal and erase it from my mind.
BR
U a sugar junkie?
3B time to get a hen and discard the dog.
Haha toxic white males. Dems overrun with angry feminists.
Joyce, Fab and the left live in lala land as it relates to the constitution, the second amendment and what is permitted based on the law. The issue with “redflag” laws goes deeper than just the second amendment, there are other rights enshrined in the constitution that would need to be violated in order to have effective red flag laws, I mean realistically both 18 year old nut-bags would not have had their fire arm rights revoked.
Most liberal voters are either naive or actually want to bring about a socialist nation. I think we can all safely say that any mechanism the government has at it’s disposal has at one time or an other been pressed into the service of political creatures from both sides of the aisle.
What Juice sees as a flaw is actually by design, unless it is unanimous and amendment isn’t getting passed. Restricting the rights of law abiding citizens is one step on the road to tyranny, the constitution was very astutely designed to make any such changes difficult.
You know how f/ed we are? I’ll tell you… going to work now seems like a burden to most people. We are f/ed, unless the robots come to the rescue. Quality of worker is circling the drain…this pandemic destroyed work ethic in this country.
The government made educational videos for Pumpkin-types.
https://www.investor.gov/additional-resources/spotlight/investomania#(grid|popup)=https://www.youtube.com/watch?v=av3k_lcGm9g;
While I personally agree, the government including USSC (including ‘conservatives’) have trampled all over some of these rights when convenient in the past.
I was really just trying to understand his comment.
JCer says:
June 2, 2022 at 2:49 pm
The issue with “redflag” laws goes deeper than just the second amendment, there are other rights enshrined in the constitution that would need to be violated in order to have effective red flag laws
3b,
beauty fades, stupid is forever.
cars: honda launching fall both redesigned pilot and crv, new models bigger maybe some discounts clearing out old style. Acura MDX has $2750 dealer lease cash, not sure of price got too high or they cant sell what little they have. Mazda launching new line of suvs as well. one just became available, model 50 or something. The 90 will replace the 9 and a model 70 falls in between 50 and 90. Check out leasehackr.
JCER restricting rights? How about expanding rights being restricted? As it stands now a very small minority of senators can derail any legislation. The constitution did not set forth rules for federal elections and influence of money over politicians. That is why much of the modern world looks at us and tells us to fix our elections and the influence money has, even to this day foreign money which is illegal can and does affect our elections.
“AOC is hot!”
Come on Gary. It’s faggot pride month. I think you have to say something like, “If I was a carpet muncher, I’d trim that hedge.”
Nomad: Thank you. I don’t need a new car, but for the Telluride I would have traded mine in and bought it, prior to them redesigning it as Lib noted. If Honda/ Mazda comes out with something unique SUV wise I might consider it.
Juice: Maybe we consider getting rid of the 17th Amendment. I think in many ways it caused more harm than good.
Nomad: Well said , beauty fades stupid is forever!
Their wives are too expensive.
One-Third of Americans Making $250,000 Live Paycheck-to-Paycheck, Survey Finds
BTW for the gallery here AOC did escape redistricting. The Democrats Jerrymandered NY so bad a judge ruled it illegal and appointed a special master to drawn a new map. Now we literally have the East side of Manhattan vs the West Side of Manhattan for the same seat Jerry Nadler vs Carolyn Maloney, so Democrats are now eating their own in the primaries. District 14 which is AOC was expanded further into Queens and shrunk a little in the bronx but still firmly hispanic. Deblasio is now running for District 10 which is now Manhattan below 18th St and the North West Brooklyn neighborhoods.
Send in Deblasio they need another clown down there in Washington…
ROFL – Biden has to go to Saudi Arabia later this month to kiss the ring. I wonder if there will be a photo op in frot of the glowing orb they must touch to seal the deal.
“WASHINGTON — President Biden, who as a candidate vowed to make Saudi Arabia a “pariah” in response to the assassination of a prominent dissident, has decided to travel to Riyadh this month to rebuild relations with the oil-rich kingdom at a time when he is seeking to lower gas prices at home and isolate Russia abroad.”
“During his stop in Riyadh, he will meet with Crown Prince Mohammed bin Salman, who was deemed responsible for the assassination, as well as the leaders of other Arab nations, including Egypt, Jordan, Iraq and the United Arab Emirates.”
” Mr. Biden finds it necessary to court other energy producers to replace oil from Moscow and stabilize world markets. The group of oil-producing nations called OPEC Plus, led by Saudi Arabia, announced on Thursday that they would increase production modestly in July and August. American officials expect them to do more in the fall, but it may not be enough to bring down prices at the pump before November’s congressional elections.”
https://www.nytimes.com/2022/06/02/us/politics/biden-saudi-arabia-trip.html
Man, it’s sad, but nothing you can do. Destroying the real world and replacing it with a digital one. Musk is prob dead on when he said we are prob living in a simulation, this story sure supports that.
“In Turkey, a rancher has begun putting virtual reality headsets on some of his cattle to see if the animals produce more milk when they believe they are outside in a nice, sunny field. Early results from the experiment are positive, but the actual sight of seeing a cow living in the metaverse so it can produce more milk for humans is sad, reminds me of The Matrix, and is a strong argument against the metaverse itself.”
https://kotaku.com/the-metaverse-is-already-here-for-cows-and-it-s-very-sa-1848335331
Phoenix. Start with $250k. After income taxes you’re down to about $175k. Pay your mortgage, $40k, and pay your $20k property tax, leaving you with $115k. Then pay for two leased Range Rovers, you’ve got about $95k left. Utilities, food, basic clothes will take that down to $65k. But of course they’ll be dining out, going to Broadway shows, buying luxury apparel, and taking fancy vacations, so really, take it down to $30k. That might go to the ex-wife and/or new mistress. Taking you down to $0 and living paycheck to paycheck.
Juice: Di Blasio has zero self awareness; one of the worst mayors of NYC ever. Will clueless NY ers vote for him?
No One : I assume that 250k number does not include any 401k contribution out of the 250k paycheck/s.
Juice : Saudi Arabia, I would think that country qualifies as toxic male culture.
Does Biden have to get down on his knees to kiss that ring?
Phoenix – Depends they usually hold hands or rub glowing orbs or rattle golden sabers etc.
https://www.cnn.com/2017/05/22/politics/trump-orb-saudi-arabia/index.html
Noam in video in article says schools have to let kids shower w opposite sex or meal funding gets pulled. Is that really true, sounds kind of hard to believe.
https://freebeacon.com/biden-administration/no-free-lunch-biden-admin-will-pull-meal-funding-for-schools-that-dont-comply-with-its-lgbt-agenda/
Can anyone speak to this Matt Walsh guy? Apparently he has a movie called what is a woman. Some clips these people seem off but wondering if they are actors. This stuff really going on with kids, schools?
https://twitter.com/MattWalshBlog
So Biden goes to Saudi Arabia to beg a King from the Middle Ages to produce more oil, but we wont produce our own oil.
I think most people have no issue with going green , but can we at least have a viable alternative and then slowly eliminate the fossil fuels
3B – Biden will probably get his kid on the board of Saudi Aramco. There are no long term government solutions to replacing a gazillion BTUs of oil and gas energy consumption.
If you were an alien that landed here all you would see is an entire system that functions on fossil fuel, it will be a long long time before it’s replaced and it may actually run out first.
The idea as always is kick the can down the road, whether it’s nuclear issues or carbon and other pollution emissions, but don’t forget we get rich on it too. Hunter Biden was on the board of a basically a Russian gas company. That gas is Russian, the Ukrainians just collected a transit fee and paid off the politicians and their families.
There may never be significant green energy produced here. We now produce 1% of the worldwide solar cells and panels, heck China has about 180 lithium mines and plants under construction now all critically needed for electric cars. Few are being built here, the price per ton of Lithium $80,000 a ton it’s so high now that Elon’s might have to go mine their own to make the batteries.
We are going to be Britain a nation of shopkeepers….
Juice, I think we are talking past each other but yes our political system is highly corrupt on all sides. It is a “feature” and not a bug that legislation is hard to pass, our founding fathers knew full well that government was generally incompetent and could don’t be trusted. That being said the rights granted require a constitutional amendment to rescind but expanding on rights can be done with simple legislation.
Phoenix, the 250k crowd lives paycheck to paycheck for a few reasons. They for the most part all live in high cost, high tax areas, so they’ll give up a lot of that 250k in living expenses and taxes. Then that all need that leased 5 series, 3 nice weeks of vacation at around 10k per week and a bunch of crap to keep up with the joneses. Just think if they spend 30k on vacation and 10k on a leased car every year probably 20k because the wife needs one as well they are spending a fifth of their pretax income which is probably closer to a third post tax income. Add a 20k property tax bill and all the other nonsense and the free cashflows simply disappears. My wife and I are there and I’ll say this on one income it would be tough to maintain a decent lifestyle. On 250k, take 20k out for 401k, take 10k for health cover and benefits, take fica for another 13k or so, by the time your done there is 135k. You have an 800k mortgage(50k per year), a 20k property tax bill, 12k a year in groceries, 6k in utilities, 7k a year for the house cleaner, 5k for landscaper/snow plowing/home repairs/etc. You’ve spent 100k before childcare, kids activities, discretionary purchases……
Medicare Part A will remain fully financed through 2028, two years later than previously projected, the government said.
Yippee!
I’ve been over the 250k and can easily understand. A lot of it is investing. Sacrificing capital now (real estate, or stocks), for the future. Simple as that. Millionaire next door…not liquid wealth, but asset wealth. Aka not cash money millionaires.
I’m technically a millionaire already…but am I popping bottles on a yacht? No, i still clean my own house (wood floors once a week) and cut my own grass (every 4-5 days) and cut my mother-in-laws house (nicest grass in the neighborhood may I proudly add)/ my rental in clifton. But that’s why I am a millionaire at 40 coming from nothing. Humble, not afraid to work hard and sacrifice.
Staining my deck this summer. Easily saving me 3k. Third time I will be staining it since buying 10 1/2 years ago (aka go apex decking). Time flies.
Just to add my wife has employees who are around that 250k mark, her employee makes like 175-200k and their wife works 3 days a week and brings home 50k. They practically live paycheck to paycheck, 3 kids, bought a bigger house during the pandemic so they’ve got the 800k mortgage, childcare expense, both are working one long hours so they need the landscaper and the cleaners, etc. It’s not a posh life at all, it’s tough fitting the basic expenses let alone BMW’s, fancy vacations, or designer clothes.
Me, I’m cheap, I’ve got no mortgage, drive a 15 year old car, my biggest expenses are taxes and insurance but that alone is enough to swallow a normal earned income and unexpected expenses seem to always abound, something is always failing and it always costs a mint to repair or replace.
Left,
Who is Alex Karp and how is he relevant?
“who and what we are as a society” full of a lot of people like you that will sit on the sidelines and advocate for the status quo.
“far left wing reasoning” my views on guns put me just left of Reagan. Remember him, remember his gun ban as CA Gov?
As to your 0.00000006. argument, We had one guy with a b0mb in his shoes. While it took a while to get the biometric prescreening and those new fancy body scanners up and running, security while flying has improved greatly. While TSA at Newark have their faults, they are still catching a lot of those idiots flying with handguns and ammo in their Carry-On.
3B, I don’t get your AOC issue, but a double major from Boston U in International Relations and Economics, with a 3.8 GPA does not rank as Unqualified in my book.
“Are you implying we need a constitutional amendment ”
Joyce, every argument I put forward on GC, JCer screams “Unconstitutional!”, so yes if we cant get movement through current channels then yes, lets draft an amendment that brings 2A into the modern world and clarifies.
Juice, yes 26th took 100 days to get enacted and South Dakota took 43 years to ratify it all states. You only need 38 states to enact. So while Abbot in TX will never sign, you don’t need him.
Roe was a SCOTUS decision and Alito is throwing Stare Decisis out the window, so yes you can go back and revisit Heller.
Here is a great piece on the impact of Red Flag laws in Florida. They enacted this after Parkland. We need this level of response at a Federal Level to reach across all states.
https://www.cnn.com/2022/06/01/politics/florida-red-flag-law/index.html
“Biden will probably get his kid on the board of Saudi Aramco.” No that’s not going to happen, but Donnie got his Son-In-Law a 2Billion loan. That’s on top of the Qatar bailout of 555.
What did they get in return?
Jcer: Bigger house fancy cars, I don’t have a lot of sympathy for them. And it shows they really can afford the lifestyle, just mimicking it. Hamsters on a treadmill. With those kind of expenses, they have probably little to nothing going into the 401ks.
Fab – so you do know bin Salman will offer Biden money right? I mean you said he did it for Trump and now Sleepy joe will reject?
House already has an investigation into the 2 Billion Kushner got from them for his PE firm, let’s make sure they open more investigations into the children and family of all politicians. In the hearings the Congresswoman from the east side of Manhattan cited Kushner’s lack of relevant investment experience. No idea if she did the same for Biden’s kid in Russian Gas but hey grift and jerrymandering is ok if it’s your team.
There is an old saying from Harry Truman …you can’t get rich in politics unless you’re a crook.
JCer,
you forgot the recreational drugs expense as well.
Fab: My problem with AOC is that she is in short an idiot, just because she double majored with a 3.8 GPA is meaningless; it’s like Xmas tree decorations. She has no area of expertise, and yet she acts as if she does. She should pick one policy area and spend as much time studying and understanding it as I assume she spent on her double major.
I know a few people who graduated from college with impressive GPA s and are not all that impressive. As I understand it it she went from university to barista to college. Some real experience in one of the subject areas she studied would have been useful, and given her some depth. She also makes statements are factually false and insists she is right.
Her ignorance is annoying and more concerning is her arrogance. Oh and she sounds like a 12 year old middle schooler, not a double major 3.8 university graduate.
3B – re: eggs..
It’s all anecdotal in life…
We don’t talk about chickens much here 3B mentioned egg prices. I paid NO ATTENTION to what he said till well now.
Now I have to worry..
I took my son today to his pizza party for the end of the soccer season. They are doing well the boys may win the whole thing there are just playoffs games left.
Anyway a mom and I chatted about shopping she commented on the thin, thin pizza crust at the party not like the old days etc etc. I explained all pizzerias have increased cost etc.. Conversation turned to supermarket etc..Eggs came up. This nice woman, from newark NJ and well middle class uses six eggs in the morning for breakfast, and went on basically a verbal rampage about finding cheap eggs.
Well American has always had cheap eggs…and now it’s broken..
Democrat’s as screwed with this inflation folks…
Place yer bets..
3B – Bronx boy…you should be cheering for AOC. Many Irish Americans work in the trades in NYC.
Fab, my father was a constitutional scholar. He had a lot of opinions and he thought Roe vs. Wade from a constitutional standpoint was a bad ruling but was pro-choice and recognized from a practical standpoint it made sense. Stare decisis doesn’t mean anything, a Supreme Court ruling can be incorrect and overturned, this will not be the first time nor the last. If you have a good challenge for the Heller decision, bring it but the original decision didn’t require the mental gymnastics Roe vs. Wade and therefore is a much less likely to be overturned.
If you like the Florida law, it likely could be passed on a national level, clear public actions and speech could be used to revoke the right to carry. There is enough ambiguity that it could get past the second amendment but the devil is in the details of course.
As for AOC, she’s a dolt. She supports what she is told to support and says what she is told to say. She is the public face of a political machine, she does as she is told or she will be primaried out of her job and will be back serving drinks.
As for Kushner, yes the situation is fishy but mind you his family has been engaged in big deals, he is leagues more qualified than Hunter plus his father-in-law’s power has seriously waned. If you knew about the Brookfield deal and understood commercial realestate you’d realize Kushner lost his shirt there and if not for the pandemic Brookfield was making a business deal and the Qatari’s never made a direct investment. Ultimately the Qataris were smart enough not to get in bed with Charlie Kushner. Ultimately if the Qataris were trying to bribe Kushner they would have financed the plans for the most expensive building ever.
So how long before the tabloids publish pictures of Hunter Biden’s artwork hanging in Bin Salaman’s homes or boats? There is more than one way to pay off the Biden Family you can bet sleepy Joe will be looking for one. I want the translator under oath in a congressional hearing right after they return from the meeting in Saudi Arabia, and a special prosecutor appointed once the revelations of the grift start coming out. But it won’t happen, democrats never investigate their own.
Egg prices:
Egg-laying hens, 28.8 million in all, accounted for three of every four losses to HPAI. The number of layers in the U.S. flock was down by 6 percent compared to a year ago because of bird flu. Often volatile, egg prices at the wholesale level soared to nearly $3 for a dozen Large eggs in the week before Easter, double their price at that point in 2021,
https://www.agriculture.com/news/business/worst-us-outbreak-of-bird-flu-in-seven-years-fades-in-may
Stick to the propaganda…it’s all Biden and the democrats fault.
Phoenix says:
June 3, 2022 at 8:33 am
Egg prices:
Egg-laying hens, 28.8 million in all, accounted for three of every four losses to HPAI. The number of layers in the U.S. flock was down by 6 percent compared to a year ago because of bird flu. Often volatile, egg prices at the wholesale level soared to nearly $3 for a dozen Large eggs in the week before Easter, double their price at that point in 2021,
Juice: I will never cheer AOC! I know a few of those trades guys who have retired recently, earlier than I would have thought. Basically, they said now was the time to get out, some big projects in Manhattan currently under construction that were approved years ago, but once they are complete that’s it. No demand. They also told me the 5 WTC building the last of the redevelopment of Ground Zero is unofficially scrapped. Makes no sense, simply no demand for office space in this new environment, and only so many hotels you can build.
“Tesla Inc shares fall 3.5% in early premarket trading after a Reuters report that CEO Elon Musk has “super bad feeling” about the economy and wants to cut about 10% of jobs
$TSLA”
How long before they decide the good Payroll numbers are bad for inflation…which means more interest rate hikes…which is bad for the mkt?
Run!! The sky is falling!! NYC is dead people!! lol…gotta love 3b. Cracks me up. Dude is the ultimate permabear. The future will have no offices or commercial real estate. You will wfh. Understand this, 3b says so. Glass half empty indeed.
Elon’s got a feeling folks.
10,000 layoffs at Tesla coming.
SAN FRANCISCO (Reuters) – Tesla CEO Elon Musk has a “super bad feeling” about the economy and needs to cut about 10% of jobs at the electric carmaker, he said in an email to executives seen by Reuters.
The message, sent on Thursday and titled “pause all hiring worldwide”, came two days after the billionaire told staff to return to the workplace or leave, and adds to a growing chorus of warnings from business leaders about the risks of recession.
Almost 100,000 people were employed at Tesla and its subsidiaries at the end of 2021, its annual SEC filing showed.
Yesterday’s gains are today’s losses. Can you guys feel the recession coming? This is completely gut speaking, but I think this Summer will feel normal and the market will waver back and forth a bit until end of August. Economy will hang on for the next three months because people will spend money due to post-pandemic, PANT-UP, demand. Come Labor Day, the sh1t hits the fan as Wall Street returns from the Hamptons. In the meantime, watch what kind of impact Quantitative Tightening has on the markets. Last time they tried it, it wasn’t pretty.
https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm
3b, he has a message for you…the one that I have been saying. Maybe if someone else says it, you will get it.
“…And by the way, the companies that want to run their business on Zoom in the future, good luck with that. Thank God Elon Musk sent that note out. Like, yes, you’re just going to phone it in.
Like anybody who thinks the world worked better over the last 2 years, those are people that just don’t want to work. Those are the kind of people that you’re paying to breathe in your company. So we’re excited that the world is going to get back. It’s going to help us get things done. ” -Gary G. Friedman, RH – Chairman & CEO
10,000 layoffs at Tesla coming.
Just after Elon ordered everyone back to the office. Must be looking to leverage the Great Resign to save some $$$!
Fab: The CEO of an Australian software company I can’t recall the name says Musk is living in the 1950s . He is encouraging Tesla employees to apply to his company. Some people are stuck in the past. New world out there
It’s more than a feeling.
youtube.com/watch?v=t4QK8RxCAwo
JCer,
You can ride your fathers coattails, you have to make your own path. Isnt that right Gary.
I say Bush vs Gore is a bad ruling, but it was the right result for the wrong reasons.
Here is a great piece on why Heller was wrong. https://firearmslaw.duke.edu/2020/10/why-heller-is-such-bad-history/
Historians are not required to limit themselves to those questions that people in the past explicitly posed, but we do have to acknowledge the risks involved when we impose our own. In this case, the question of an individual right to bear arms did not make sense in a society where everyone eligible for militia duty was required to participate. Short of the kind of Rousseau-style abstract analysis of the individual which divides human males into both a private man and a public citizen, in a society with universal male militia participation it is impossible to separate the definitely-arms-bearing militia member from the possibly-but-not-definitely-arms-bearing private citizen.
And yet, the ruling in Heller required a decision on just this matter. This difficulty is why the ruling deserved to be answered 5-4 one way or the other. Heller is not bad history because it rules that individuals had the right to bear arms outside of participation in the militia. It is bad history because it viewed the individual right to bear arms as why the amendment was written in the first place; it is bad history in its claim that the Second Amendment protected “only individuals’ liberty to keep and carry arms.” [emphasis added]. With this approach, Scalia shifted the decision from a questionable but defensible answer to the question the court had been asked, to a mischaracterization of the nature of the amendment itself. That mischaracterization, rather than the decision itself, is what makes Heller such bad history.
LMAO…yea, Musk the most innovative boss on the planet is stuck in the past….right. Lazy europeans. Americans like Musk will eat them for lunch.
3b says:
June 3, 2022 at 10:14 am
Fab: The CEO of an Australian software company I can’t recall the name says Musk is living in the 1950s . He is encouraging Tesla employees to apply to his company. Some people are stuck in the past. New world out there
Oops…read it quickly…thought it was Austrian.
cant ride your fathers coattails.
LOL, Musk…
Yesterday
Elon: back to the office you lazy bitches
Employees: Piss off dinosaur.
Today:
Elon: Sky is falling, 10% layoffs.
Employees: Errr, which office is mine again, boss?
Insane people are so not boring.
Left: True. Can’t make this stuff up. Talk about erratic behavior on Musks part. Meanwhile back at the ranch, it is day 61 for us, and I continue to bear the unending onslaught and full assault. But, I remain steadfast in my resolve.
LOL, yeah you’ve got a target on your back. Good form by you.
I was able to ignore him for more than two years previously…no fun poking me. I don’t even bother reading him anyway, just see the replies to him.
Be strong.
On Musk, yeah, to tweak his employees with a 6% share decline only cost him what, a few billion. LOL.
Going back to that “paycheck to paycheck” survey.
Here’s the actual report: pymnts.com/study/reality-check-paycheck-to-paycheck-high-income-revolving-credit-card-debt-loans/#wpcf7-f1316724-o1
According to the survey, of people making more than $250k, 64% don’t live paycheck to paycheck, 24% say they live paycheck to paycheck but are “comfortable”, and only 12% say they live paycheck to paycheck with difficulty.
In contrast, people making under $50k, 44% say they live paycheck to paycheck comfortably, and 36% say they live paycheck to paycheck with difficulty. And they have the worst credit scores. And are most likely to revolve credit card debt.
The group that has the lowest % of people saying they live paycheck to paycheck with difficulty are people making $100k to $250k – only about 11% say they live paycheck to paycheck with difficulty.
What I found weird in the report is that people seem to be constantly checking their credit scores, with about 60% of people checking their credit scores within the last month, high and low income, across the board. That tells me that people are obsessed with borrowing money, and especially people making $150k to $250k, 70% of whom had checked their credit score in the last month.
People in the $150-$200k income bracket had an above-average propensity to let credit card balances “always or usually revolve” at 39%, though the under $50k crowd had the highest propensity at 43%. For people over $250k income, only 19% said they always or usually let credit card balances revolve. (BTW, allowing credit card debt to revolve is generally the #1 worst financial decision a person can make, given the sky high interest rates credit card companies charge).
No One: So what was the whole purpose of that report/ headline? Clickbait?
November 8th, 2022:
Tick… tick… tick… tick…
3b says:
June 3, 2022 at 10:41 am
Meanwhile back at the ranch, it is day 61 for us, and I continue to bear the unending onslaught and full assault. But, I remain steadfast in my resolve.
Good Job 3b, I am sure it is annoying Pumpy beyond belief , he still constantly tries to involve you.
A NJ teacher with too much time on his hands , just laugh at him.
3b,
Looks like online news people took a fairly dull monthly report and created their own news reports that were more exciting sounding. The re-reports didn’t seem to provide much context, or mention the paycheck to paycheck “comfortably” vs “with difficulty” splits.
What surprises me is how much all people think about borrowing. Which shows there’s been a total cultural shift compared to perhaps 60 years ago. Back then, I think people would morally condemn someone who had a decent to good income but chose to prioritize borrowing and spending over building up safety reserves. And so thus we get a government who operates the same way, borrowing to spend, and also sending out checks as soon as the economy weakens (though it’s also their fault for forcing so many companies to shut down). Some day, both people and government reach a limit where they cannot keep borrowing from the future to live for today.
The one thing I can compliment China’s recent culture is that people expect people with money to save for the future, save for emergencies, etc. Probably the younger generation is borrowing to spend too though. And their government and state owned companies keep on expanding debt, though more to build than to consume.
Quoting my favorite novel regarding government fiat money:
“Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it. Paper is a check drawn by legal looters upon an account which is not theirs: upon the virtue of the victims. Watch for the day when it bounces, marked, ‘Account overdrawn.’”
British Royalty
Sir Osis of Liver
Phoenix says:
June 2, 2022 at 9:30 am
cirrhosis
sorry.
I refuse to eat foie gras.
Boomer Remover says:
June 2, 2022 at 9:44 am
Anyone else in here with a non-alcoholic fatty liver ?
I go Benny Hill here. “A girl like that could ruin a man. if he was lucky. “
Fast Eddie says:
June 2, 2022 at 2:16 pm
AOC is hot! Forget the politics… she’s got a smoking body! To the female readers here, sorry for having a male, heter0sexual moment; I know that’s very passé and offensive these days and considered a form of male aggression to envision a female. I’ll try to think like a liberal and erase it from my mind.
I am just at the fatty liver mark. Like, on the line. Doctor made me do an ultrasound to make sure there was no scarring two years back. None, and said give up bacon. I pretty much have.
As to foie gras, chopped liver, the poor man’s version of it, is just fine. I eat it about once a decade, when I see my folks. They are both close to 85 years old. It can’t be THAT bad for you.
Biden agreed to change his name to Johammed bin Biden if they are willing to add a extra 1M barrels to daily production.
Juice Box says:
June 2, 2022 at 5:21 pm
ROFL – Biden has to go to Saudi Arabia later this month to kiss the ring. I wonder if there will be a photo op in frot of the glowing orb they must touch to seal the deal.
AOC is funny to me. I’m not so sure she is as dumb as she sometimes sounds. I mean, the stuff that comes out of her mouth is no less stupid than what comes out of Mitch McConnel’s. It just disappoints, as everyone wants her to be both hot and to say what you want to hear. Instead, she is a rabble-rouser. Kind of like that guy Trump, actually. Now you understand. Even Trump, IMO, is much smarter than he pretends not to be. That Bible photo for example. We all know it’s placating at it’s worst. But he did the math. Much better to please the Jesus freaks than to piss them off, even if the man steps into church about as often as he steps into a NOW meeting. The opposition can get enough of AOC. All but the most progressive LEFT consider her a nothingburger (keeping that term alive).
What surprises me is how much (our Government)thinks about borrowing. Which shows there’s been a total cultural shift compared to perhaps 60 years ago.
Well they are boomers. Don’t give a rat azz about the middle class. Just keep burying the youth in debt.
AOC hates men and blames them for everything, and panders this to her base.
The only staining you will be doing is shitting your drawers.
The Great Pumpkin says:
June 2, 2022 at 9:26 pm
Staining my deck this summer. Easily saving me 3k. Third time I will be staining it since buying 10 1/2 years ago (aka go apex decking). Time flies.
Jim: Thanks. It’s worth the effort on my part.
Biden to Cancel All Student Debt From Defunct Corinthian Colleges
I can’t begin to tell you what I would like to do to the executives who did this-and the government that handed out money to them with no oversight. We kill a man for a fake twenty, break alzheimer granny’s arm for forgetting to pay while leaving Walmart with eight dollars worth of junk- but allow this:
https://youtu.be/G48GWpmBe38?t=528
Phoenix,
I had a 65 year old coworker who said “I’ll sign a 10 year arm, I’ll be 75…who cares?” He owns a 1.5 million dollar home right now.
Chi,
More fearful that he is staining the minds of youth. A history teacher who has all day to post non-sense and still can’t read difference between Austria and Australia.
Phoenix/3B/No One,
On the interesting debt convo. I get it exactly. My wife and I don’t exactly break the bank in salary. To be quite honest, for most of our lives (including now) we didn’t crack 200K gross. And without our rental income (house should be ready to list in a week or two ChiFi), we don’t even crack it now. And we’ve never lived to check to check. Quite honestly, I stopped living check to check in high school. I’ve always had more in the bank than 99% of my peers since I’ve been 10 years old. Never had allowance neither. I’m not about to share my net worth because that’s a dick move. And I know many of you have me beat which is perfectly fine. To each their own. But I can guarantee you, though my family income is probably half of what the average Glen Ridger makes. My net worth is most likely double.
Really, there are only three keys to doing it. Live frugally (not cheaply). Never pay interest (except on your home). You should almost always be able to finance your cars at zero percent if you have excellent credit. Finally, save and learn to invest wisely. The eye on the prize is having your savings generate as much income as your labor.
Now what do I mean by living frugally? Use coupons and take advantage of every discount you can find. And don’t just buy something because it’s on sale. Make sure you need it. Anything you haven’t touched for two years belongs in the landfall. Now this does not mean you can’t have nice things. Just make sure those nice things have great value. For example. Don’t skimp on mattresses. Don’t skimp on shoes, belts, wallets and furniture. Though when it comes to kitchen or dining room pieces, don’t buy knew. It’s mostly garbage and insanely overprices. Craiglist! Ebay too when you need parts to appliances and learn how to fix everything yourself. I have nearly every tool for every tradesman that you would ever consider calling to your home for service. Early on, it’s pricey to buy the tools. But you will find that even with the purchase of the tools, it’s still significantly cheaper than calling in a professional. Especially, plumbing and electric. These are just a few examples.
I do a simple formula. If the repair costs more per hour than I make, I do it myself. It’s that simple. It’s why I do my own lawn, basic auto maintenance, etc. Even the pool maintenance.
Also, be careful of the subscription model. If you have more than 5 monthly subscriptions to anything, you are throwing money away.
Finally, though I could talk frugality all day long, don’t fall for marketing whose sole purpose is to try to keep you keeping up with the Jones’. Do you really need to drive a 50K car? Do you really need to put pavers in your driveway? Do you really need whatever is the best newfangled technology? Make due and learn to live minimally. Pick and choose your wasteful spending carefully. I have a sound system that probably cost me 2K. Crazy, right? I’ve been using it for 30 years, minus the occasional Yamaha amp upgrade (at about $350 every 10 years or so). Sure it’s a splurge. But it’s a quality splurge.
Schmegegge
Libturd says:
June 3, 2022 at 12:22 pm
And without our rental income (house should be ready to list in a week or two ChiFi)
Lib: All sound advice, as always. My 21 year old Lexus RX 300 , recently gave out. I bought it 2 years off lease all those years ago with around 20k mileage. Paid cash, and I put 250k on it. Loved that SUV. The steering went, and so it was time to get rid of it.
I am replacing it with my mother in laws Subaru Outback 2006, with 60k miles: she does not drive anymore. I don’t like being that low to the ground vs SUV, but it’s my bumming around car. My wife has a 3 year old SUV and that’s our main car. Some of my friends said I should treat myself and get a new or newer car, and I said why, what’s the point? We treat ourselves in other ways. As noted yesterday, I really like this years Telluride and may trade my wife’s car in, but only if I got a really good deal on both ends. We shall see.
As for credit and debt, as my Father used to say, credit is the handwork of the devil; and he truly believed that. Credit in this country has enabled millions to pretend they are wealthier than they really are.
Credit in this country has enabled the politicians to spend millions to pretend they are more Pro American than they really are.
And credit has allowed local governments to pay anywhere from around 5 to 20% of their revenues on servicing the debt.
The federal debt service is close to 10% now. This not the cost of paying it off, which we will never do. This is the cost of maintaining it at current levels. So depending on where you live, nearly one third of what you pay in taxes can go to simply servicing the debt on government money borrowed. Maybe 20% credit card interest rates are not so bad after all?
I think a lot of folks will be in for a rude awakening when they realize their 500k in the bank isn’t going to last them in retirement and they are forced to substantially reduce their quality of life. You need around $2M to generate ~80K of income (conservatively). Good luck out there to most people…
Driving your car till its dead is one way to save a ton of money, don’t constantly move and upgrade houses, and have an actual budget in place for the rest of the spending…
Easier said then done for most.
I personally have tracked every dollar spent over the last many years and can tell you exactly what I am spending on, where I am saving.
Oh and don’t get divorced – that will also kill your finances
Sage advice Lib. I also love Amazon warehouse and used deals. People return new stuff and Amazon sells “like new” for 40% less. I am near point of just choosing ‘acceptable’ for 60% less. In 7 years, I had maybe one issue that product was actually damaged. The rest were good as new. As a pool owner, I would also say a variable speed pump is huge cost savings. We are talking $300 less per summer, easy. I did Capt Cheapo special by researching above ground vs inground pumps. They always screw you on in-ground costs. Found 1 HP Pentair Dynamo for $239 with two speeds. It was self-priming so seemed ok for in-ground but marketed for above. Year 6 and works like a charm.
https://photos.app.goo.gl/G5y4dpohFP8b1hS68
This was shared exactly 3 months ago. The bear has followed this line to the T. We should be dropping through 11K within the next two weeks. Three weeks tops. Most orderly bear I’ve ever seen. If you had the chutzpah to short every 1K headfake, you’d be laughing the whole way to the bank.
I still think we’ll see below 8K on the Nasty.
Anyone else have bear stories to share this spring? It’s out of control.
I feel we are on the cusp of reliving the Simpsons Bear Patrol episode.
My neighbor just told me he saw a bear walk through the yard between our houses the other day.
My brother saw a dead bear on the side of 280 in East Orange (WTF?)
Lots of folks were talking about the bear that climbed up a telephone pole in the middle of downtown Wyckoff two weeks back.
Plenty more.
https://www.youtube.com/watch?v=IlGfQfTjMTw
Toronto home prices slide for a 3rd month in a row, higher rates, as per Bloomberg
Yup a few days ago a bear walking thru yards a mile from here near the parkway exit 109,
also one near the beach! Atlantic Highlands sighting.
didn’t Murphy end the bear hunt a year ago? Get a few to show up in Princeton, then he’ll pivot 180 degrees and slaughter them all.
my liver, my liver!
Just had bloodwork done ALT, AST etc everything else all normal, colesterol a little high, but hey I am not giving up bacon!
BTW Labcorp App and website is pretty cool results posted so you don’t need to visit doctor for a readout, it tells you if there is an issue etc and what normal ranges are.
Yes the state board called for an emergency hunt in the fall and he nixed it,why bother having boards and advisors king Murphy knows best. BTW the animal activists took out a billboard near his home on RT 35 asking for him to stop the hunt, after he did the billboard was updated to thank him. Come to think of it those bear sightings near me might mean the bears are headed to Navesink River road to thank him and perhaps eat some of that honey all those gentlemen farmers over there produce to get the farm rateable for their acres of land. No worries the PoPo around here are great at killing deer and leaving a mess for the homeowner to clean up, should be no issue for them to take out Barney and Boo-Boo if they take a swipe at someone’s poodle.
Friend of mine lives on 10 acres on the side of one of NJ mountains, I will ping him to send me some pics of the latest bear sightings. He has a sturdy chicken wire type fence to keep them out of his back yard compound and away from his young kids and three dogs. I have been told there were times in the past a posse was called up to deal with a troublesome bear off-season, remains are then quickly disposed off to avoid trouble with the animal lovers and the PoPo.
BYSTANDER – I am now running a Pentair 3 speed, thing is awesome and very quiet too, make sure it’s shaded. I have loads of shrubs around mine, keeping the sun off the pump will help with the life of the bearings.
Mike S.
NSFW
https://bit.ly/3NNe8sG
Speaking of animals Mr. Mouse was in my pool and did not make it out. I Just saw my favorite fat chipmunk Theodore in there too looking a little bloated, going to go bury him now. I hope the red fox can swim, he is really cool to look at when he runs through my yard. Mr. bunny rabbit is the smart on he stays on the grass.
We had two black bear captures and releases in Monclair over the last two weeks.
BRT,
grocery bags and plastic straws are the real threat to society, not potheads or bears.
https://www.njherald.com/story/news/2021/09/15/nj-bear-hunt-2021-canceled-governor-murphy-press-conference/8351968002/
We see bears all the time but its expected out here, in our last house when the kids were young they would walk past the deck while we were eating. One night after a party I left the recycling can out, someone must have dropped burger in it. 2am the dog starts going nuts, the bear climbed the fence and was dragging the can across the yard. As soon as it heard the dog it ran through the fence. Still have the garbage can that has the teeth marks in it.
Fishing Pompton lakes a few years back, a bear came out of the wooded area and started approaching, fired up the engine and took off. It must have been in trouble before because it had a tag on it ear.
Lib, your description of not living paycheck to paycheck I think sums up how most of us on this blog live. First and foremost only spend money if you have it to spend. Make sure what you do spend on you get maximum value. Fix your own house, contractors absolutely can kill you on repairs, you have to aggressively shop estimates because many contractors are out to gouge. It’s interesting to me that it seems almost everyone on this site drives an old beater my range rover is approaching 16 years old I bought it off a 2 year lease it had 22k miles on it and since gas was $5 a gallon back then I paid approximately 45% of the original MSRP. My house is mostly furnished with my parents furniture, most of it we hate but it stands up to the abuse my children give it or IKEA because it’s cheaper than furniture. Plumbing and electrical, yeah I don’t like calling those guys I have all the pex tools and bought a manual pro press tool on amazon haven’t had to call a plumber yet, pro press is great I’ve replaced a failed fitting and freeze burst on my hose line outside in like literally 3 minutes even with the janky iwiss tool. The other thing that’s magic in home plumbing repair is the sharkbite fitting, so simple.
I have seen many bears while hiking in Worthington State Forest (near the Delaware Water Gap).
Most interesting encounter was on the Tamany Trail. I was at the top, where there is a steep, 500+ ft talus slope that drops down to Rt 80. I was looking at the scenery, turned around and 30 ft in front of me was a mama bear with 2 cubs.
So I’ve got a mama bear and cubs in front of me, and a 500 ft cliff behind me.
We looked at each other for a few seconds, and then she and her kids just wandered off.
Coolest thing was how quiet they were as they walked off through the woods over the dry leaves and sticks- didn’t make a sound.
Love the sharkbite, but honestly, have barely needed to union anything in years. Mostly snaking, faucet and ball cock (I know chi just giggled) toilet repairs. I suppose after 100 years, anything that didn’t break in my first 10 years of ownership ain’t going to break in the second ten. Probably the two best tools I own (besides the tiger saw which I use for everything) are the sewer snake (yeah, chi is probably on the floor by now) and the Honda pressure washer. Oh, and that stupid Champion $275 generator I bought before Sandy. That thing never says quit. Rebuilt the carb last year for $19 with parts on ebay.
I grew up in north west morris county -we couldnt put our garbage out more than 30 min before the garbage men were coming or the bears would get it. People’s pets would be eaten if left outside, etc
I ran into a bear twice on foot, both times was fine.
Used to see many bears while driving and i’d just yell at them and they’d go back into the woods.
One time a bear ran full speed into my mother’s car and put a nice dent in it…
It is interesting that many folks on this site drive an older car… (2010 mazda 3 myself with 151k on the clock)… cut my own lawn, attempt all plumbing and electric i can myself.
I was a paper millionaire by 35 I think.
re: tools
When I lived in Hoboken I had a nice sized tool box with the basics. Now after 10 years of the joys of home ownership I have quite a collection of tools.
I own a mid sized 20 gallon portable air compressor. Great for everything and have loads of tools to go with it. My favorites are the air hammer and the paint sprayer. I use it to blow out my sprinkler system every year too. It’s paid for itself several times over just from the sprinkler blowouts and not having to call anyone. My wife uses the paint sprayer. She refinishes furniture with it and uses it to spray varnish etc. We also have and air driven stapler and air nail brad gun. You would be surprised how cool those are when recovering a chair or love seat with new fabric. We are going to refinish our outdoor metal furniture this summer, it’s gotten rusty and needs to be cleaned and sprayed with new black power coat paint.
I have a 25 ft drill snake, used it last week but could not reach the blockage in the drain line from the kitchen, so I rented a 50 footer from Home Depot and cleared it out, the clog was food from the sink disposal. These new sink faucets only put out 1.2 gallons of water per minute not enough water for the sink disposal to push the chopped up food out to the main. So much for being green we won’t use the disposal until I change the kitchen sink to pump out more water. I did save at least $300 by doing it myself and renting a machine. The plumbers aka roto rooter etc now want $150 to show up for an estimate and would have probably charged me a ton more to clear the drain to the main etc. I also have a 150 ft pressure washer sewer jetter hose. I use with a rented pressure washer 3500 psi with the hose every few years to clear out my storm drains. My gutters, my patio drains, and sump pump in basement are all connected underground to 4″ inch black corrugated pipes to the street. Corrugated flexible pipe is not sealed or joined with glue etc so roots can and do get in and clog it. The sewer jetter makes fast work of anything in the line.
I purchased a red and black Craftsman stacked tool box about seven years ago, always wanted one to organize my collection of tools. It is loaded to the gills with every kind of wrench, hammer, saw, and other tool you can think of. I even have lots and lots of weird nuts bolts and screws and fasteners stored in there. You would be surprised when you need one to fix a loose chair leg or heck nail down something.
Oh don’t forget every man (not including women on this) needs a Dremel. You must get one. They are indispensable. Lowes has a clearance sale it seems. $39.57..I may go buy them as gifts if that price holds.
https://www.lowes.com/pd/Dremel-4000-ROTARY-TOOL-W-BONUS-KIT/5002899739?cm_mmc=shp-_-c-_-prd-_-tol-_-ggl-_-LIA_TOL_129_Power-Tools-_-5002899739-_-local-_-0-_-0&ds_rl=1286981&gclid=Cj0KCQjw4uaUBhC8ARIsANUuDjWoQpMd6IKVECiMTXhQ58HbfcyIm99JAHzq-6J9YiDBVmMO86oknegaAmKVEALw_wcB&gclsrc=aw.ds
Humm read and article about retail inventories being too high now and clearance sales coming..
Data seems to match up.
https://fred.stlouisfed.org/series/RETAILIMSA
Might be a good time to shop for lots of stuff on sale/clearance.
It really is who is the dumbest in the GOP. This guy was on the bench in TX.
https://twitter.com/JasonSCampbell/status/1532776813692342272
Rep Louie Gohmert on Navarro indictment: “If you’re a Republican, you can’t even lie to Congress or lie to an FBI agent or they’re coming after you”
Yes Gary, Nov 8th.
https://twitter.com/duty2warn/status/1532431395569643520
Chuck Grassley held a town hall meeting yesterday and he faced Iowans who were clearly fed up with the inaction on gun reform. Multiple attendees interrupted him and called him out for his role in blocking common sense gun safety legislation from coming to the Senate floor.
“You’ve been filibustering gun reform,” one woman said to Grassley. “My daughter’s a teacher. My daughter-in-law’s a teacher. You’re risking their lives!”
As expected, Grassley deflected saying he’ll “wait til the report next week, then decide what to do.”
Fab – Found in criminal contempt of congress by a vote of 255–67 and nothing happened to him.
Guess who that was? Hint he let wall st off the hook too and is infamous for his ” to big to jail” comment..
Juice
We got a good deal on a stackable washer dryer Memorial Day weekend. Even got zero interest for 24 months. Will get a new dishwasher 4th of July or Labor Day.
Will
Juice,
Bill Barr?
Beer -my expensive stackable washer dryer (bought one memorial day sale a few years ago) has been nothing but trouble. It’s Samsung too…wheels and bearings, belt, belt drive pully all replaced by me.. replacement parts were cheap. I told the first service guy to F Off when he quoted me over $400 to fix, parts $100 invested + elbow grease.
Granted it runs nearly every day since the pandemic. It seems laundry brings my wife some comfort….
Our current set is a Samsung. Touch screens are not working on both and dryer isn’t drying as well as it used to. Even had the duct professionally cleaned out and nothing changed. Got an LG with a 5 year warranty at Lowes. Will research dishwashers and get a new one this summer. Will do hot water heaters in the fall if we don’t get hit with any major air conditioner repairs.
fab- you know that I know that you know that they are all crooks…
good deal on a stackable washer dryer
My 15yo Bosch washer is starting to make noises. Its still working fine, but that bearing is going to start failing. Next up will be Speed Queens.
As said above, there are some purchases that you don’t scrimp on. I would expect the SQs to go to my kids as heirlooms.
Juice,
The two AGs offset each other. What is bigger watch here is the Meadows Contempt Charge. That is stalled in the DoJ which would suggest Cooperation.
This is heading to RICO. Grab your popcorn.
Fab – I used to park cars in Woodcliff lake where Nixon “retired” and then died in 1994. Taxpayers were still paying over $1oo,ooo a year back then just for his office he never used in town never mind his Secret Service security.
You may have a blood lust for Donnie but it ain’t going to happen. The “crooks” as Nixon coined it will never, ever be prosecuted.
Fab,
Mukasey was AG from 2007-2009 when the whole mortgage and banking scandals were collapsing the economy. Don’t recall Rs bringing anyone to face the law. Holder was a piece of crap but whole system is about keeping banks from ever paying the price nor touching old boys club who pay their donations. Mukasey was too busy defending Gitmo torture I guess. Fyi those cases are finally being closed…sick stuff. Waterboarding was not worst..story of 15 year old in 2003 who was tortured and put in bow position to stretch limbs behind body. 10 years in gitmo and finally sent to Canada where court freed him in 2015. Stories of locking people in boxes all day. Apparently one was so gaunt from 20 years of abuse that in 40s, fit into 12 year old clothing. Hope Biden close this..
Nearly 20 years after Sufyian Barhoumi was first detained at the Guantánamo Bay military prison, more than 14 years after the US government dropped all terrorism charges against him, and six years after cleared for release, the Algerian citizen is finally going home. The Biden administration announced Saturday that Barhoumi was being returned to Algeria, as part of its pledge to close the prison where hundreds of detainees have been held for years without formal criminal charges or trials. He is the third Guantánamo detainee to be resettled by the administration.
I miss our old washer and dryer.
This new stuff sucks.
Moving in the right direction?
https://www.nj.com/monmouth/2022/06/nj-man-charged-after-his-mom-tips-off-cops-about-school-shooting-threats.html
LGR…you filthy animals!
https://twitter.com/elonmusk/status/1532899718401073152?s=21&t=NqlRbxdUlkMQgNuus4aQWQ
I congratulated the guys at Costco Gas because the sign said they had extra long hoses.
Libturd says:
June 3, 2022 at 4:34 pm
Love the sharkbite, but honestly, have barely needed to union anything in years. Mostly snaking, faucet and ball cock (I know chi just giggled) toilet repairs. I suppose after 100 years, anything that didn’t break in my first 10 years of ownership ain’t going to break in the second ten. Probably the two best tools I own (besides the tiger saw which I use for everything) are the sewer snake (yeah, chi is probably on the floor by now) and the Honda pressure washer. Oh, and that stupid Champion $275 generator I bought before Sandy. That thing never says quit. Rebuilt the carb last year for $19 with parts on ebay.
You say teachers aren’t managers…but apply this from hospitals to pro sports teams.
“Like a group project
6 kids
1-2 do the bulk of work
3-4 chip in and coast
5-6 do absolutely nothing and get a good grade”
Never fails..
In 477 U.S. cities, the typical home value at the end of April was below peak levels from the early 2000s
Home values in Detroit, Flint, Mich., and Hartford, Conn., were among those below peak, Zillow found by using its home-value estimates. In cities including Chicago, Cleveland and Newark, N.J., typical home values only exceeded their precrisis peaks for the first time in April. The values in the analysis aren’t adjusted for inflation, which means that accounting for inflation, the number of homes still below peak levels would be higher.
https://www.wsj.com/articles/housing-boom-fails-to-lift-all-homes-above-previous-cycles-peak-11654335001
List of locations you should not buy in unless you want to increase your odds of losing money.
Below are Zillow’s Top 10 Hottest Real Estate Markets in the U.S. for 2022
Tampa
Jacksonville
Raleigh
San Antonio
Charlotte
Nashville
Atlanta
Phoenix
Orlando
Austin
You don’t marry a hot real estate location…you hit it, and leave it.
Math checks out
“Like a group project
6 kids
1-2 do the bulk of work
3-4 chip in and coast
5-6 do absolutely nothing and get a good grade”
Face,
A math genius like you should know it was a typo. I think it’s obvious what the number was and the message was clear….but thanks for asking for clarification. :)
Google has a caste problem
https://www.documentcloud.org/documents/22050236-tanuja-gupta-goodbye-letter
5:51 one thing i love about my now classic 20 year-old car is its totally analog.
No alerts, bells, auto-shut-off, nanny-driver, lane control, BS.
Peaceful sound of the motor humming & an aging CD/radio. Bliss.
Beach today is an 11. But ocean is 64 degrees brrrr.
I dare you to repost it fixing “the typo”
The question came, as it always did, just as Jason Peasley finished making his case for Brown Ranch, a development that would grow the size of his city by one-third and finally provide some affordable housing for the hundreds of people doubled up in trailer parks and hotel rooms in the ski town. The development, as Peasley pitched it to the room of residents gathered under thick wooden beams in the local community center, would use density to solve the housing problem—mainly by building apartments and attached homes.
“What about single family homes?” a woman standing in the back of the meeting room asked. “Because I would like to buy one someday.”
Steamboat Springs, Colo.—where Peasley serves as the head of the Yampa Valley Housing Authority, providing affordable housing to all of Routt County—is a mountain town that draws people for its wide open vistas and outdoor space. The idea of living in an apartment on what is now green rolling hills jarred people with visions of their own porches and yards, who had seen their neighbors amass hundreds of thousands of dollars in equity just by owning a single family home during the pandemic.
“Personally, I would take a very, very small house,” another resident said.
“So would I,” the woman in the back said quickly, so as not to be left out.
Peasley sighed. Nine months ago, he’d been given an opportunity that most urban planners dream of—an anonymous donation of 536 acres of land to build long-term affordable housing for people who live and work in Steamboat Springs. But it’s difficult to get buy-in to use hundreds of acres to build multifamily homes in Steamboat, which currently has 1,400 fewer housing units than are currently needed. Residents might support density in theory, but what they really want is a single-family home to call their own.
https://apple.news/AKzDKXjZ9QaKwxcnTL5W6lw
One minute people want this, one minute they want that. Comical.
“By July of 2021, 60 percent of Americans said they’d prefer to live in a place where the homes are large and farther apart, even if schools, stores, and restaurants were a few miles away, up from 53 percent before the pandemic, according to a Pew Research Center survey. In contrast, 39 percent preferred a community where homes are small and close to each other but where schools, stores, and restaurants were in walking distance, down from 47 percent in 2019.”
They cry about affordable housing, but want single family homes. F people.
What’s your problem, dude? Why are you hiding behind a fake name? You little bitch.
1-2 do the bulk of work = 10/20% of the population doing almost all the work
3-4 chip in and coast = 30-40% of the population doing the bare minimum.
5-6 do absolutely nothing and get a good grade = 50/60% of the population doing nothing but living off the others.
Now go f yourself for calling me out you little bitch.
PumpkinFace says:
June 4, 2022 at 11:55 am
I dare you to repost it fixing “the typo”
Beautiful weather in East Hampton today, definitely breezy. Off to the Montauk Brewing Co! Enjoy the weekend!
What happened to the six kids?
lol
Face,
Go cry about how everyone is leaving jersey with 3b you mental midget.
“It’s a common statement, especially during financial crunches and amid tax conversations: Everyone’s leaving New Jersey.
According to the U.S. Census Bureau, however, that isn’t the case. A new report from the agency says its counts showing an increase of 513,365 residents in New Jersey between the 2010 and 2020 Census was not an overcount.
The results of the bureau’s 2020 Post-Enumeration Survey, an independent estimate of the number of people living in the United States on April 1, 2020, showed New Jersey’s counts did not have a statistically significant difference from the 2020 Census.”
Doi doi…typo. Can’t do math you turd?
PumpkinFace says:
June 4, 2022 at 4:30 pm
What happened to the six kids?
Juice: I saw that new ShopRite by you. My son was running at Middletown North. WTF? That thing is a small city. It makes Wegman’s look like band box.