From the Star Ledger:
You will soon be able to live at this N.J. mall
The owners of Westfield Garden State Plaza are poised to make every shopaholic’s dream come true — you can literally live at the mall.
A plan, hatched pre-COVID, to redevelop New Jersey’s second largest mall into a lifestyle center, with apartments, took a step forward this week when Westfield Garden State Plaza mall owner, Unibail-Rodamco-Westfield, announced that it has partnered with Mill Creek Residential for the first phase of its redevelopment.
Ground will be broken in 2024 on 550 luxury apartments and they are expected to be completed in 2026, the two firms announced. “Plans are not definitive” about how many bedrooms they will have and how big they will be, said Geoff Mason, executive vice president, U.S. development, design & operating management for Unibail-Rodamco-Westfield.
They just put a nicer bow on it than he did.
16% of American households are behind on their utility payments. Will
A) their utilities get turned off
B) the big guy does an executive order forbidding their utilities are turned off
C) a utility bailout bill goes through congress to help, provided the people in arrears agree to only use electricity from green sources
https://www.dailymail.co.uk/news/article-11146783/Record-20-MILLION-Americans-power-bills-face-cutoffs.html
Kushner has the same plan for the Monmouth Mall, only it’s 1000 rental units.
This mall is slowly dying.
https://centraljersey.com/2022/07/05/monmouth-mall-presentation/
Start spreading the news I’m leaving today……
https://nypost.com/2022/08/25/kathy-hochuls-call-for-5-4m-republicans-to-leave-new-york-is-dangerous/
It’s foolish talk from the Governor of NY, the MTA alone has a billion dollar deficit.
@WhiteHouse
Congressman Matt Gaetz had $482,321 in PPP loans forgiven.
Wasn’t the whole purpose of PPP loans to preserve jobs and prevent layoffs during the pandemic? And wasn’t it structured so that the loans could be forgiven? So how is the PPP loan forgiveness and stud loan forgiveness the same thing?
Jackson Hole today, all eyes and ears on Powell.
Except that is a lie. Owning stock in a company that received a PPP loan means you personally had a loan forgiven? Using that twisted logic is everyone that owns any stock even in a mutual fund or ETF had loans forgiven. Do they count that as income on their taxes? Ofcoure not.
I am not against the discharge of the student debt but at least be truthful about it, it’s a giveaway before election time. Let’s see what date the automatic notices go out from the Department of Education.
3b
Type in PPP loan fraud into google and see the results. It was a helicopter of money, no questions asked for many businesses and individuals who never lost business during pandemic. I documented my father’s marine manufacturing company where company got $2m loan, used it to up valuation of company and it was split into 6 members of rich exec board pockets. There you go..selective outrage as usual. One is great bc it went to business and other is evil because it went to people.
First, after a day of Republican congress members railing against yesterday’s educational loan forgiveness of up to $20,000 for Pell Grant recipients and $10,000 for others, the White House tweeted a thread of those members alongside the amount of Paycheck Protection Program (PPP) money those individuals were forgiven.
Representative Marjorie Taylor Greene (R-GA) said: “For our government just to say ok your debt is completely forgiven.. it’s completely unfair.” Greene had $183,504 in PPP loans forgiven.
Representative Vern Buchanan (R-FL) said: “Biden’s reckless, unilateral student loan giveaway is unfair to the 87 percent of Americans without student loan debt and those who played by the rules.” Buchanan had more than $2.3 million in PPP loans forgiven.
Representative Markwayne Mullin (R-OK) said: “We do not need farmers and ranchers, small business owners, and teachers in Oklahoma paying the debts of Ivy League lawyers and doctors across the U.S.” Mullin had more than $1.4 million in PPP loans forgiven.
Representative Kevin Hern (R-OK) said: “To recap, in the last two weeks, the ‘Party of the People’ has supercharged the IRS to go after working-class Americans, raised their taxes, and forced them to pay for other people’s college degrees.” Hern had more than $1 million in PPP loans forgiven.
Representative Mike Kelly (R-PA) said: “Asking plumbers and carpenters to pay off the loans of Wall Street advisors and lawyers isn’t just unfair. It’s also bad policy.” Kelly had $987,237 in PPP loans forgiven.
Representative Matt Gaetz (R-FL) said: Everyone knows that in a $60 Billion+ European land war, it’s always the last $3 Billion that kicks in the door….” Gaetz had $482,321 in PPP loans forgiven.
Then Biden gave a barn-burning speech to the Democratic National Committee in Rockville, Maryland, clearly dividing the Republican Party between the MAGAs and mainstream Republicans. The MAGA philosophy is “semi-fascism,” he said, and we are seeing either its beginning or death knell.
“I want to be crystal clear about what’s on the ballot this year. Your right to choose is on the ballot this year. The Social Security you paid for from the time you had a job is on the ballot. The safety of our kids from gun violence is on the ballot…. The very survival of our planet is on the ballot. Your right to vote is on the ballot. Even…democracy.”
“The MAGA Republicans don’t just threaten our personal rights and economic security,” he said. “They’re a threat to our very democracy. They refuse to accept the will of the people. They embrace…political violence. They don’t believe in democracy.”
“This is why in this moment, those of you who love this country—Democrats, Independents, mainstream Republicans—we must be stronger,” he said.
Bystander: I never said there was not fraud, of course there was. But, it also saved a lot of companies and jobs. As for selective outrage, sorry no. As well, I never said it was evil, but I did say it was unfair. And to your point that it went to the people, I will correct that to it went to some of the people. The people that sacrificed and saved for their children s college, get nothing, the people that paid their loans off get nothing. But, since it was a Biden and Democrats decision, it’s ok.
November 8th, 2022:
Tick… tick… tick… tick…
Again PPP…700,000 companies got more than $150,000 through the program. That stimulus money was given to nearly every company during a pandemic as a way to prevent even more massive layoffs due to lockdowns. Call it what you want but owning stock in a company does not mean you personally were given a loan and it was forgiven.
At least be truthful about it. It is not a personal loan that was forgiven. Student loan forgiveness can also incur federal and state taxes as well. Form Form 1099-C is supposed to be sent to the IRS per law. I don’t see the partisans tweeting that before the election.
EU Energy war heating up as we head into fall.
Russia now burring the natural gas that would normally be exported.
“Satellite monitoring of radiant heat levels shows that since 11 July 2022, Russia has been flaring large amounts of natural gas at the Portovaya LNG plant. “The flaring is estimated to have cost around $10 million per day.”
PPP was passed by congress. This corrupt old fvck wants to talk about fascism. He took the “emergency powers” play right out of the fascist handbook for this leftist payoff.
Racist American cat fight. Damn
Can’t we all just get along??
https://www.dailymail.co.uk/news/article-11147891/Texas-realtor-58-arrested-video-attacking-Indian-women-hurling-racist-abuse.html
Juice; Energy costs in Britain may rise 80 percent in the Fall!!
This was all about keeping the pipeline of leftist activists and indoctrinators coming for the next generation. The working class is turning away from the democrats. Sending another generation to watered down colleges to learn leftist ideology will keep the critical block of the party future intact.
3b,
I had 35k in college loans and out of pocket masters (s9me reimbursed by company back in day) and I paid them off. No one can preach to me about unfairness. I am strictly talking about the R hypocritical stance on this. The good intent of PPP does not override that it was a free socialist handout. Same as it ever was – not fair that I overpaid for a Westfield crapshack back in 2004 but continued to pay mortgage. Millions got HAMP/HARP reductions and jingle mail, paid by taxpayers. We can all complain but ‘what about me’ has never been something R or D ever cared about when handing out money. There is no fairness with debt spending. Debt is not a partisan issue. Each side just paints their own picture.
Lauren Boebert: $233K
Matt Gaetz: $476K
Marjorie Taylor Greene: $180K
Greg Pence: $79K
Jared Kushner: $3M
Joel Osteen: $4.5M
Vern Buchanan: $2.8M
Bystander: I don’t disagree with most of what you said, but I don’t view PPP and Student loan forgiveness in the same light. As far as hypocrisy, both the Dems and the Repubs are guilty. It is all a bunch of nonsense, and it’s why I don’t vote anymore, what’s the point. I hear the don’t vote don’t gripe nonsense, and it’s just that nonsense. We need a viable 3rd party, that will save us from the lunacy and corruption of the Dems and Repubs. It won’t happen of course, and the US will continue its decline into chaos.
Exactly right By.
I am against all of these handouts.
In other news, I think I’m through the Covid already. Though I am on the Pax for three more days. I also did the zinc/quercitin. Really, got it mildly. Felt like a severe sinus infection with soreness for one day. I am super boosted and take a lot of vitamins and supplements too, so who knows? Maybe Trump was right? :P
Another 3B given to Ukraine. That money could have been given to Americans who were diligent in paying their student loans. Or surgery for some child that needed it. Or taxpayer relief to a senior citizen that unfortunately for them they or their spouse didn’t choose to work for a government entity for a massive pension…
I am against any handouts to foreign nations.
Phoenix,
The military industrial complex must be fed. This is non-partisan.
PPP money I received- none.
Moist divot on the couch from being a frightened teacher- nope.
Went to work every day in a Covid infested environment without proper PPE- done that.
Fought my ex and the legal system when she tried to claim I was exposing my daughter and her entire frail nutso family to Covid and take away my parenting? Yes sir.
Our club owns MOH – Molina Health
This stock is like a helium balloon. It only goes up.
We bought it during the Obama healthcare reform when I scored huge on a different healthcare provider. The impetus for MOH was that they specialize in government supported healthcare (Medicare, Medicaid, state marketplaces, etc.). Figured Uncle Sam would always have my back. Crazy, this is turning out to be one of our best investments ever now that tech has turned back into fair value.
Does a guitar count as a qualified expense for a 529 withdrawal? My son is taking a guitar course at college and needs to get a classical acoustic guitar.
Phoenix
But she’s a minority. Not many thin middle aged women in these parts.
Old, wealthy, pension fed boomers and greatest love the war. Retired and not paying for any of it.
The Silent Generation (Americans ages 77 and older) is by far the most likely of any generation or demographic group to believe the U.S. is not providing enough assistance to Ukraine, with 46% of Americans in this age group holding this view. Among Americans ages 26 to 76—those from the Millennial, Gen X, and Baby Boom generations—24% believe the U.S. isn’t providing enough support to Ukraine. And 19% of Americans between 18 and 25 also believe the U.S. should provide more support to Ukraine.
However, 40% of Americans in Generation X, who are between the ages of 42 and 57, held the opposite view. They believe the United States is giving too much support for Ukraine. Generation X is the age group that held this view most often, followed by the oldest members of Generation Z who are between 18 and 25 years of age, 35% of whom also believe the U.S. is providing too much support for Ukraine.
Fifty-one percent of Baby Boomers believe the U.S. is providing the exact right amount of support for Ukraine and is the generation most likely to believe this. In contrast, less than 40% of Generation X and the Silent Generation hold this view.
The COVID shutdowns were wrong, the PPP giveaway was wrong solution to a self-inflicted problem, the loan forgiveness is wrong yet totally unconnected to COVID (other than yet another stretching of executive branch powers), and the government being involved in the education industry is wrong in the first place.
Government can barely handle its basic functions correctly (police, courts, defense, for the purpose of defending individual rights), and it inevitably screws everything else up dramatically worse.
Newsflash retard. The government is corrupt and bury parties are stealing from us. If you dig in I’m sure you’d find as many dems who took PPP money. Think for yourself for a change instead of parroting the fake news.
Very Unstable Liberal,
Mommy has a new dress for you. Go try it on. But wipe your face first.
Debt is a drug. There is no other way to look at it. If a kid ODs then police will look for street person who provided the drug. Once they find him then push to get dealers name, rarely get to mass distributor.
Right now, on student loans (or any debt) we are attacking the kids that ODed while not addressing the drug dealers, namely the schools and institutions spending gobs on shite..or govt manufacturing the drug freely (debt). The big elephant, at many D1 colleges, is athletics. Take a look at dominant power in football, U of Alabama. Out of state tuition (only) was 7k 20 years ago and now 34k. That degree was laughed at in the Northeast 20 years ago, like WVU. Why is it so high? Answer – crazy applicant demand due to fb team. My niece wanted to go and it would have been 54k a year and they offered no assistance. Kids are funding big contracts for coaching, admin and staff while top admin in academics take their share too. Taxpayers on the end of hook..
Government loans and worthless degrees are a far bigger problem. The sports extravagance is a symptom. It’s marketing.
Take away the demand of the leftist armies flocking to these schools to spread their ideologies and the shorts will be forced to cut back. So we’ll all of the Marxists in the administration. Notice that Corrupt Joe said nothing about tuition or admin costs, discharging loans, or capping loans at all. It’s just a payoff, it solves nothing.
Phoneix,
My autistic kid used to throw a conniption every morning when we dropped him off at his public school for kindergarten. He would literally scream at the top of his lungs clutching onto the railing as we pried his little fingers open so we could literally drag him up the steps into school. Keep in mind, he is extremely well behaved and almost never tantrums. Honestly, the only thing he could not stand was public school kindergarten. He attended a special needs classroom there. We placed him in an ABA Center where he remained until early August. We asked the school system to pay for it. They refused and said we were trying to get one over on them. Nearly half a million dollars later, we may have come to a shitty agreement. The court has no sympathy. The court, as part of the government, will try to side with the government. Especially when Covid was killing their budgets. My kids brain cancer and hellish three years mattered little. What was supposed to take three months has taken more than three years. And you wonder why I hate this country.
Here’s another example of why I hate this country. For whatever reason, to get Paxlovid, I had to have a telehealth meeting with my doctor. I researched it before and new I had to get off my flonase and my statin, but my thyroid pill would be fine. Well I log into the telehealth call at 11:15am when asked to though I called the doctors office at 830am when they opened, and noone joined for an hour. I hung up. I get an email that says the meeting was complete. I call my doctor and he says, I never saw you online. I told him I was online and he does some digging and then says, yes now I see you did try to login. So why the Fuck didn’t you call me? I finally tell him of all of my potential drug interactions and he says I’m exactly right. He then sends the prescription to be delivered by my local pharmacy who is usually pretty quick. At 4pm I start calling the pharmacy and no one will pick up. I keep at it for an hour to no avail. I hop in the car and drive my contagious ass there myself. I get there and the lady says, we don’t have Paxlovid. I ask, “why the fuck didn’t you call me?” She says, that’s not my job. So they forward the prescription to another local pharmacy. Keep in mind, I’m feeling like total sh1t and my voice is nearly gone. At the light at Fullerton and Bloomfield Avenue, I shit you not, the lady in front of me nearly misses the short green light three times in a row as she is so busy playing with here phone. Worst of all, I laid on the horn pretty hard the 1st and 2nd time as I was feeling miserable. Where do these selfish pricks come from? Driving home, I get caught at the train and then again as they are assembling the rides at the San Sebastian festival. About an hour after I left my house and nine hours after I called my doctor, I had my Paxlovid. This country is chock full of selfish pricks. It’s extra bad in NJ. And worse when the prick drives a German car. This lady was in a VW.
Bystander: More than a few parents are to blame for sending their kids to high priced schools, for what they perceive to be prestige. As my Wife always says, they pay for the 5.00 bumper sticker and that’s all.
Blackstone s real estate arm which was gobbling up homes to rent, will stop buying homes in 38 cities in September. Silly institutional firms, so many times it takes them longer to see the landscape has changed.
If you have a problem with the student loan cancellation because you already paid off your loans,
just pretend its a tax cut for the rich that you also never got but mysteriously didn’t complain about.
Capital allocator. Finite pool of money. Better options emerged in the pecking order.
3b says:
August 26, 2022 at 10:39 am
Blackstone s real estate arm which was gobbling up homes to rent, will stop buying homes in 38 cities in September. Silly institutional firms, so many times it takes them longer to see the landscape has changed.
The People’s Car. FabMax preferred.
Libturd says:
August 26, 2022 at 10:32 am
This lady was in a VW
More fake news talking points. There is fundamentally a difference between a tax cut and mailing a check. Hard for imbecile to grasp subtleties . Second, democrats are now the elitist party. They only raise taxes on the working class. 80k new irs agents to harass small business owners and Uber drivers while the carried interest loophole is preserved.
What university isn’t overpriced? As far as I can tell, there are community colleges which are quite cheap. For some states, the state universities are quite cheap for in-state students, and some cut the price further based on HS GPA. I hear that Rutgers isn’t as cheap for in-state students as many other states.
Then there’s the world of out of state schools and private schools. All of these look quite pricey based on list price. Some schools with weaker bargaining power will offer discounts to the students. Some more elite schools with big endowments will offer “need based” aid, which generally favors students coming from states where both incomes and costs are lower. The problem is a NJ household pulling in $120k/yr looks “rich” compared to the $60k/yr family in Georgia, though both families may live similarly.
If you can afford to pay the full price, then the goal is to go to the best university with the best chance to get your kid started on their career. Because the cost of the 80th best school is roughly the same as the best school. And if you don’t have that much money, or your kid just isn’t that academically driven, financially it makes a lot of sense to do the cheapest decent in-state school, compared to paying a lot of money to go to the 80th best school.
3b,
That is part of problem too. The parents are financial illiterates or smarmy name driven or sports driven idiots. Still, we should not keep loading them up, putting taxpayers at risk. I read that there have been no lawsuits by Navient to get a judgement in CT yet thousands in default. It is extremally expensive as have to show debt ownership not unlike mortgage. They will settle for 20-25% of balance so someone is eating that principal
We’ll they needed to protect themselves.
Much like Trump chose not to screw around with what’s deductible for properties in LLCs, like all of his, but SALTed those who owned them privately.
All the same. Placate the voters. Enrich thy selves. Let the peasants fight over the crumbs.
3B,
Your dream might be coming true.
Another part of story, the number of companies offer tuition reimbursement dr0pped nearly 10% from 2016 to 2020 according to SHRM. Greed, greed, greed..
My wife and I have 3 kids and we saved up enough in 529 plans to send them to college. We do not plan to take any student loans. Plus, my business did not get PPP due to some technical reasons. That said, I did not need PPP.. we were okay like most others who would have been too without PPP.
But, we support the 10k loan forgiveness.
Education is the future of this country and this can give financial freedom to a lot of folks. If you did not complain about PPP but crying foul about Student loans you are either a bigot or a fool who has no big picture.
Chgo: Agreed, but I would not rule out the change in the environment either.
Lib: I know you and Left were skeptical on Powell saying anything, but I took the view that Jackson Hole was the place to make his point to the market. Looks like they got the message.
Lib,
Feel better – mentally and physically. The horizon is looking good. Even my two weeks in CA and NV was pure happiness, disconnecting from all this non-sense, both the area and work. I am realizing that not worth it here. If not for special needs expertise, I would be planning harder but at least another year to see how son does in KG. Monday is a new world.
Cheers Rentlord. Another angle that the angry R mob should realize – I believe student loans could not be reduced to 2% interest by any govt plan. This whole time of 2-3% rates for rest of world and younger folks paying 6-8% interest. What BS.
Very Stable Genius says:
August 26, 2022 at 10:54 am
“just pretend its a tax cut for the rich…”
Very Stable Cuck at it again; parroting moronic Dem talking points like a good stooge. The top 10% of earners (aka, the ‘rich’) pay ~70% of all federal income tax. I’d ask what you think that percentage should be, but as a non-thinking, whining and divisive Dem dud, I know that your lazy answer would just be ‘more’.
https://www.ntu.org/foundation/tax-page/who-pays-income-taxes#:~:text=The%20top%2010%20percent%20of,tax%20share%20compared%20to%202017.
I am back in NJ from a month in Europe.
My wife and I have half a mind to pick up a spacious modern flat in a large city in Poland. The only comparables I can think of are the places in Chelsea along the west side highway. Walking distance to the medieval town square, and a short cab ride to the international airport. Vibrant cities built for people are so much more pleasant than the car sprawl we have here.
I estimate we’d pay it off in < 4 years while continuing to contribute to our US retirement investments. Private (English) school ~$2K a month.
After the cab ride from EWR up the turnpike and seeing all the old haunts in their various states of disrepair, it sure is temping. Dollar popped against EUR/PLN and more expected.
And now we get the elitist view. If you don’t support Joe Biden then you must be racist. That pretty much covers the talking points.
If you are a racist and don’t support Biden, you are still a racist, fyi
Boomer,
What part? I have resources in Krakow. Sounds like nice city. I have Euro citizenship. It might be a place to visit next year.
Can you be a racist and support Biden? I know a few who are and do.
Well, 3b..lots exist but they would not get a ‘very fine person’ comment or presidential tweet hug if showed up yelling white power or Camp Auschwitz shirt like the Trump rallies.
Bystander: Keep in mind I hate both parties, but when it comes to race issues, I find the Dems to be the bigger hypocrites.
Guess the bear market rally is over finally…
I find humans to be hypocrites in general, not one party more than others.
Bystander: Oh I agree, I am just viewing it through the prism of Democrats vs Republican, and on the specific issue of racist or not.
I guess if you openly carry pitchforks at Nazi rallies, wear Swastikas, flaunt the Confederate flag, speak at white nationalist events, say RvW overturn is great day for white lives and elect Presidents who have history of discriminatory housing against black people..nothing hypocritical about those beliefs. True.
PPO forgive list includes grim’s booze biz, chicago’s firm
Bystander: Never said it was not, but you prove my point, right there in your face with
some Republican supporters. As opposed some Democrats who scream about how they are against racism, only to quietly engage in it themselves. That to me is bigger hypocrisy.
Gary you’re dumber than a bag of hammers.
factually incorrect
PPP facts says:
August 26, 2022 at 5:46 pm
PPO forgive list includes chicago’s firm
chicagofinance says:
August 8, 2022 at 3:12 pm
To reiterate, anything you see during August…. crowds, society, financial markets, is to be ignored…… approaching 100% white noise…..
PPO forgive list includes grim’s booze biz
This is correct, we also took the loan. The forgiven portion was the grant, it wasn’t a big number.
3B – seems Ireland will be worse off than England, no gas storage facilities and no LNG terminal to unload ships even if they had storage. They are talking blackouts, and god forbid you light a peat stove to heat your home, the Police will do a no knock raid. My uncle who passed away this year was still burning coal in his fireplace and peat as well. He always said feck em…he used to hide his tv antenna in the attic as to not pay a license fee as was known to burn low taxed farm diesel he “acquired” in his work van. He used to roll his own cigarettes to avoid taxes as well. They don’t make ‘em like that anymore in Ireland, the generation there now will panic if there are rolling blackouts.
GET RICH OR DIE TRYING.
Lined some bigger PPP fraudsters the feds have prosecuted so far. Sort by amount some got tens of millions and bought lots of bling and multiple homes.
https://www.arnoldporter.com/en/general/cares-act-fraud-tracker
Grim did you spend your PPP windfall on the first Apple 1 prototype?
https://www.rrauction.com/auctions/lot-detail/345735106445006-steve-jobs-39-s-apple-1-computer-prototype/?cat=0
The forgiven portion of the PPP was pretty small, it only represented the grant component. The EIDL loan component wasn’t, and I didn’t believe could ever be forgiven. The rate and terms were good, so why wouldn’t we take the loan?
This is a database of straight up fraud. Not a legit business bullshitting need for the loan in order to retain staff. That is the next layer of the onion, and quite possibly a bigger one.
Juice Box says:
August 26, 2022 at 7:26 pm
GET RICH OR DIE TRYING.
Lined some bigger PPP fraudsters the feds have prosecuted so far. Sort by amount some got tens of millions and bought lots of bling and multiple homes.
https://www.arnoldporter.com/en/general/cares-act-fraud-tracker
Because your business needs did not fulfill the intent of the program.
grim says:
August 26, 2022 at 7:47 pm
The rate and terms were good, so why wouldn’t we take the loan?
Juice; I agree, my Uncle used to roll his own cigarettes in Ireland as well. Stubborn as a mule. He lived in the mountains in northwest Ireland, right on the border with the north. The county council was going to give him a council house down in the village, but he refused to leave. I used to live the smell of peat fires when I was a kid visiting there. I was not aware of the gas storage facilities issue , will ask my cousin about that next time I am talking to him. I agree they have gone soft over there in that regards, they do like their comforts, like all of us. That being said if push comes to shove I think they may burn peat again if they have fire places or ranges. They won’t care what the government says. They hate both political parties over there. They are a “shower “ as my Cousin says.
Tuning into the John McAfee Doc tonight.
chicagofinance says:
August 26, 2022 at 6:44 pm
factually incorrect
Oh this is going to be fun? Why is it factually incorrect? Your firm is in the PPP database.
On a side note, I’m not posting the PPP entry as while you flaunt your semi identifiably persona, identifying your firm is not relevant to to the conversation. I know who you are as do you, we know its there. Also I don’t post under an alias, so Grim can confirm that the above post was not me. But the BIG question is out there!
3b – Ireland imports Nat Gas via two undersea pipelines from Scotland and their own gas field know as Corrib off the coast of Mayo.
https://www.vermilionenergy.com/our-operations/europe/ireland.cfm
3b – Here is a more recent story. They are saying they can burn oil instead. We shall see.
https://www.irishtimes.com/business/2022/08/03/british-gas-shortage-could-hit-ireland-government-admits/
Eidl was for working capital – we were facing tremendous business uncertainty.
We distribute direct – restaurants, not liquor stores, represent the vast majority of our distributed product. Our customers collectively and universally shut down. Liquor to go was not legal initially, bars and restaurants had zero reason to ever order again.
For PPP – keep in mind we laid off zero staff. Given we basically operate the front of house like a bar, we were forced to shut down just like local restaurants did. Oh and by the way, we didn’t get a “to go” option until far later, and we needed to fight for. Without cocktails to go, we would have had to lay off most of our front of house staff. Our wait staff get real pay, none of that bullshit waitress wage nonsense.
We are exactly the intended use. Hell, they called me more than once telling me to take more money if I needed it.
Ppp facts = Yo!
McAfee….dude’s 70 years-old, on yacht he bought from the Wolf of Wall Street, married to an ex-prostitute – doin’ f’ing Bath Salts.
Fab: I don’t work for LPL. We are an independent company. We hire LPL to provide services. Get your facts straight. I am not W-2. We have a vendor-client relationship. I was eligible to take PPP personally.
I used PPP. To connect to AOL.
Get down with OP
https://youtu.be/idx3GSL2KWs
Steve Mnuchin was purposely evasive about awarding $500B in forgivable PPP loans to:
himself,
Grim,
ChiFi
Jared Kushner,
Devin Nunes,
Betsy DeVos,
Joel Osteen,
Elaine Chao & others – because the optics were not ideal.
But sure, complain about $10K loan forgiveness for low-income students.
Lib,
I hear you, loud and clear. I know what you are going through. Don’t worry, I don’t post it, but I am dealing with the school system as well. It’s amazing what little I asked for and got resistance- about my own child- from the school board attorney. Went as a far as a subpoena. Even now over the summer, had an issue with those cretins after my ex caused problems-they are about as useless as a rubber with a quarter inch hole in the center.
In other news, I call bull. Sorry ze transformer or whatever, every patient is talked to before surgery and all complications/ possibilities are discussed. And if you don’t speak English, a certified translator is used. It’s something I do every day.
Unlike how Mr Lying Police Officer just casually lies to everyone they meet all day, I don’t get to lie to my patients. It’s all spelled out in detail. You knew exactly what the risks were when they hacked off your Johnson. Don’t play victim, you came there and you wanted it.
“Detransitioner reveals he regrets having his penis removed and says woke doctors didn’t warn him of negative consequences because it would be ‘bad for business'”
Steve Mnuchin?
Isn’t that the guy in Honey I shrunk the kids?
Pay your taxes, fellas.
Your legal system is hard at work 24/7 providing clean efficient justice to all Americans.
https://dailyvoice.com/new-jersey/morris/schools/ex-nj-assistant-principal-who-faked-reason-for-slip-fall-getting-job-back/841752/
Chi,
I think you need to have a chat with your boss.
Loan Amount $88,501
Amount Forgiven $89,131
Includes any accrued interest
Where applicants said the money will go
Payroll $88,501
Location Red Bank, NJ
Industry Investment Advice
Lender Customers Bank
Jobs Reported 4
Business Type Sole Proprietorship
Business Age Existing or more than 2 years old
Loan Status Forgiven
Very: Is 250k combined income low income?
In other news, my Boomer parents are completely up in arms over the college debt forgiveness. They say it will make the government go broke. Oy.
250k income 10k liberates them. The math isn’t adding up.
Yeah,3b crazy market response especially since he didn’t say anything new or that conflicted with history or common sense…75/75 although high was middle of fairway for the last two, 50-75 remains middle of fairway for September, everything is data dependent, and they are not going to slam the brakes then stomp the gas (no shit)….
Bonds had it right, these equity ‘experts’ that keep forecasting the Fed to behave to the sixth standard deviation are way offsides….
Chi, my free collar hedges are full delta, ie 100% coverage. Given those I did take down too much in SPY hedges at 420… probably dump half on Monday especially if the market opens down and book gains there…I was down $64 yesterday… not 64k, 64 actual dollars lol.
“Three Dutch commandos wounded in shooting in Indianapolis’ entertainment district: Two are in critical condition.”
No match for American Street Thug commandos.
Betcha it was over a woman they wanted to hook up with.
Phoenix
Not the kind of urban warfare training they were here for.
I wouldn’t have any issue with forgiveness if it came with a change in the law to allow student loans to be dischargeable in bankruptcy.
Left: I disagree somewhat, as you noted earlier this week Jackson Hole comments in the past have been pretty light and breezy. Powells comments yesterday were anything but. He was explicit and it was in plain English. It was I believe directed at bigger audiences than market participants.
Maybe. Nothing he said yesterday that he didn’t previously…and debt markets already knew….
Maybe ‘pain’ as a superlative but again hyperbole for the (lesser) point, which hasn’t changed.
Hey, people can choose to hear something different than another is saying… so far market ‘experts’ were’ bearish in may because rates were going to explode who then in July, as equities screamed 20% since the Fed did not of course go 100bp+ then get all bullish over something they heard (pivot) that no one else did and we’re on the elevator down…0 for 2 as far as I can tell….
Left: He waffled in the past, his comments on July 27 of this year, are a perfect example. Yesterday was direct and to the point, no waffling no buts. It went even further than I might have thought, and I did believe he was going to break form and say something. His comments households and businesses will feel pain, that’s clear and that’s speaking beyond the markets.
My issue with the FEDspeak is that it serves the same purpose as raising interest rates. If Paul says there’s going to be pain, like clubber Lang, then the market goes down which spooks investors, and help slow the economy. If he raises interest rates. You get the same outcome. So I would not read too much into what Powell says. If his words slow the market, then it’s less likely he’ll raise interest rates as much.
Can’t blame Brandon for this. Supply chains will be messed up and food prices are going to keep going up
https://www.news.com.au/technology/environment/climate-change/extreme-china-heatwave-could-lead-to-global-chaos-and-food-shortages/news-story/9e6c5dfb0b58b291bffb8c2706a34628
Can’t blame Brandon. But you sure can blame Boomer and the Greatest for it.
Well, you can blame Brandon, cause he falls into one of those categories!
Here’s ten grand. Buy an air conditioner, you are going to need it to breathe.
Truth is Phoenix, I blame everyone who votes for any of these clowns. It’s gotten to the point where anything goes and no one really cares. You should see the arguments I get into with my progressive friends. They think I’m a Trumpy.
Lib,
You are most similar to me and 3b at least in my opinion.
This country doesn’t get a third party, or rank choice voting, it’s done.
2 more people committed suicide by railroad this week.
It’s just the tip of the iceberg.
And as far as Leftwing,
I remember a comment he made I believe.
I interpreted it as moderates suck as they just appease both sides and nothing gets done.
I agree with that.
Wow. That is pretty interesting.
Fabius Maximus says:
August 27, 2022 at 10:44 am
Chi,
I think you need to have a chat with your boss.
Loan Amount $88,501
Amount Forgiven $89,131
Includes any accrued interest
Where applicants said the money will go
Payroll $88,501
Location Red Bank, NJ
Industry Investment Advice
Lender Customers Bank
Jobs Reported 4
Business Type Sole Proprietorship
Business Age Existing or more than 2 years old
Loan Status Forgiven
No issue with forgiveness much of it goes to people who never finished a degree.
Think of it as a warranty on stupidity.
Yeah I am not being mean or maybe I am let me check the trigger word urban dictionary. Oh wait it does not exist. I claim copyright, here and forever….
Watch Bill Maher on HBO this week he makes some great comedy on this whole travesty of paying what one owes for “high” education. He really goes out on a limb….
3b, guess I can agree… my point, and maybe why I find the micro-parsing pointless is because I am more in libs camp that it doesn’t matter…
The man is a 70 year old (conservative by nature) banker (conservative by nature) and CEO of the most highly capitalized organization in the world (conservative by nature) who in his prior actions has acted, well, conservatively…
I’ve been and traded 75/75/75-50 since May while watching ‘experts’ project their own views on their forecasts of his actions or predict that he will act with all the youthfulness and gravitas of the Robin Good CEO….
As I’ve repeated ad nauseum through the summer, stop, and look at who he is and his prior actions. And yes, his words. But what he’s actually said if you want rather than what one wants hear.
Delete the actual bps ranges and quite frankly his comments yesterday could have been said by any fed chief in a hiking environment….
I feel we’re generally in agreement but debating something very tangental.
Left: We are certainly in agreement. The Fed will carry on with their hikes through year end.no more pivot talk , and the market appears to have got the message.
Phoenix: Left and I were having that conversation on moderates. I have always viewed myself as a centrist/ moderate, some issues I am to the right, others to the left. Left bought up some valid points regarding this approach. I still think it is or at least was the only way to get anything of value accomplished. The problem is how can any rationale person who can think for themselves chose either party right now? The lesser of two evils perhaps?
Teacher in NJ article. It’s stimulating.
https://bit.ly/3pTpEcd
Sorry wrong link
https://bit.ly/3AwfOBO