Pay up or walk, suckers.

From the Star Ledger:

Timing was key in sale of N.J. home for $205K over asking price

Location may be the key word in real estate but, like anything else, timing can also make a difference.

A house in Closter that hit the market in May just closed for $205,000 over its asking price. And the listing agent, Risa Corson of Coldwell Banker Realty, says the “timing was crucial.”

The sellers initially wanted to wait until August to list, but Corson convinced them to list sooner and write into their terms that they couldn’t close until August, when their new out-of-state home would be finished.

“We have a very strong school system, we’re close to New York City and a lot of people want to move to town for the schools and proximity,” said Corson, a 19-year Closter resident herself. “I knew we’d have a better pool of buyers in May than if we waited until the end of summer.”

The four-bedroom, three-bathroom home was listed for $995,000 and sold for $1.2 million. “The house needed some updates but it was well maintained,” Corson said. “It’s on a cul-de-sac.”

There were 40 showings in four days and two offers were made by the second day. The sellers cancelled a weekend open house and asked for highest and best offers on the fifth day. At that point they already had an offer for $1.1 million.

“There was very little on the market in that price range at that time,” Corson said. “I knew given the low Inventory, the time of year and interest rate concerns that time was of the essence.”

A total of 12 offers, all over asking price, were submitted.

Corson sold a house two doors down in November. That one was listed for $999,000 and sold for $1.1 million.

“I even was a little shocked myself (the more recent listing) went that much over asking,” she said.

This entry was posted in Demographics, Economics, Employment, Housing Bubble, New Jersey Real Estate. Bookmark the permalink.

63 Responses to Pay up or walk, suckers.

  1. dentss dunnigan says:


  2. Juice Box says:

    The NAR has more members than homes for sale. Dues are in January, and will see a big drop in Realtors when the MLS and NAR Dues come in January.

    “45% Drop in Home Purchases – Bigger Than ’08! Home sales are now down 31% in 2023. ”

  3. Fast Eddie says:

    A house in Closter that hit the market in May just closed for $205,000 over its asking price. “The house needed some updates but it was well maintained,” Corson said. A total of 12 offers, all over asking price, were submitted.

    The new normal. Get your precision locking wing divider compass out and draw a 30 mile radius around mid town Manhattan. Expect multiple offers within 24 hours. We’re at Palo Alto price levels. For first time buyers, may I suggest looking in the Cobleskill, NY area?

  4. 3b says:

    Fast: Big fat mortgage payment on that one, assuming they do 20 down and finance. Of course they may have paid cash too, who knows. It’s insanity.

  5. grim says:

    The NAR has more members than homes for sale.

    Well ain’t that a kick in the ass.

    Really though, there is a whole industry making money off of new agent training and licensing, and most of the big brokerages don’t mind having unpaid lead-gen contractors on staff, and they’ll gladly push down fees to the agent level. MLS gets paid their licensing, publishers still sell the books, testing industry still gets paid their test fees. Industry makes money, even though many individual agents may not (and likely find themselves negative for the year).

  6. grim says:

    No worries though, at least the BMW is still a write off..

  7. Fast Eddie says:

    I would expect Realtors to get downright nasty and contact house owners directly for a free evaluation. I’ve had one that’s done it back in May, invited her over to take a look just to see a reaction, not even to offer a ballpark price. She was very nice, sort of chill so that was good. My point is, as a realtor in a very small market… where are you? Why aren’t you contacting me? Why isn’t there an email or phone call? Not even a flyer in the mail?

  8. Very Stable Genius says:

    A while back you said to have a mice infestation in your basement. You need to fix that first.

    Fast Eddie says:
    September 5, 2023 at 8:40 am
    I would expect Realtors to get downright nasty and contact house owners directly for a free evaluation. I’ve had one that’s done it back in May, invited her over to take a look just to see a reaction, not even to offer a ballpark price. She was very nice, sort of chill so that was good. My point is, as a realtor in a very small market… where are you? Why aren’t you contacting me? Why isn’t there an email or phone call? Not even a flyer in the mail?

  9. Juice Box says:

    Between 2006 and 2012 NAR membership dropped about 30% to just under a million by 2012. The current number is a record at 1,566,354 as of July this year.

    Low transaction volume mean allot of people will not pay their dues, and move onto another career.

    59,685 NAR members in New Jersey currently. So about 18,000 should be hitting the bricks soon.

  10. Fast Eddie says:

    A while back you said to have a mice infestation in your basement. You need to fix that first.

    It was actually two rats and two roaches. I named them Nancy, Joe, Hunter and Hillary.
    I want losers liberals to feel welcome when they tour my manse. I’d welcome you as well but it’s out of your price range. My I recommend this quaint home on Grafton Avenue in Newark?

  11. BRT says:

    First smart move he’s done. Let wealthy NYers keep fleeing here along with their cash.

  12. Fast Eddie says:

    Democrat’s words are symbolic. When it comes to real action with real people in a real crisis, they’ll scurry like vermin and swim with the tide. They’re the first to the exits when someone yells fire. Those poor people at the border, we need to show compassion. We’re sanctuary status until it becomes our problem. Vote for us, we’ll promise you ‘free’ food, warmth and shelter… until we run out of other people’s money and resources. The latter part of that sentence is forbidden in democrat campaigns but whispered behind closed doors.

  13. leftwing says:

    “Murphy says “no” to taking NYC migrants.”

    Nice new hair plugs and prepster glasses, lol.

    Gary on FIRE! You have to take to youtube and mix in some open house visits. You’d get more clicks than the soft porn peddled by 20-somethings under the guise of product marketing.

    Grabbed a bunch of VIX across different expiries and structures last week. Really rooting for a fail in the T auction, the UAW to run over the Big2, a few hurricanes, and if I get real lucky a nuke in the Uke. Rally on down on unexpected news, baby!

  14. leftwing says:

    “The new normal. Get your precision locking wing divider compass out and draw a 30 mile radius around mid town Manhattan…”

    Careful man. With comments like those Phoenix will not only ‘OK Boomer’ you but throw you into the conflagration of the Silent Generation lol.

  15. BRT says:

    A coworker of mine took his family to the US open and it costs him $2k.

  16. Fast Eddie says:

    Careful man. With comments like those Phoenix will not only ‘OK Boomer’ you but throw you into the conflagration of the Silent Generation lol.

    When I was a kid, we walked back and forth to school uphill, both ways, blindfolded, in the snow with no shoes. You youngins’ just don’t know!

  17. Boomer Remover says:

    Thirteen years of back pay is some good sht. I wish I had a union bulldog to dig in on my behalf. Some crazy payouts and salary increases for Staten Island ferry staff:


  18. ExEx says:

    10:21 pffffft imbecile

  19. ExEx says:

    Biden’s Accomplishments:

    Lowering Costs of Families’ Everyday Expenses.
    More People Are Working Than At Any Point in American History.
    Making More in America.
    Rescued the Economy and Changed the Course of the Pandemic.
    Rebuilding our Infrastructure.
    Historic Expansion of Benefits and Services for Toxic Exposed Veterans.

  20. ExEx says:

    Now do Drumpf

  21. Fast Eddie says:

    Lowering Costs of Families’ Everyday Expenses.

    LMFAO!!!! Families are $4,000 poorer per year than when Trump left office. CC debt is sky-rocketing past $1 trillion dollars. Gas is around $4/gallon again and goods and services have doubled in two years.

    More People Are Working Than At Any Point in American History.

    Let me know what the delta is for the number of jobs lost during the pandemic and the job recovery number. Find it and post it.

    Rescued the Economy and Changed the Course of the Pandemic.

    This is nothing sentence if there ever was one. I’d be embarrassed to post this without cringing. But, it does sound like a president with dementia on top of a low IQ so I get it… sort of.

    Making More in America.

    Another nothing sentence. It would earn a ‘D’ on a report card with the most compassionate teacher. If that ‘accomplishment’ was listed on a resume, it would find the trash bin faster than a democrat spending other people’s money.

    Rebuilding our Infrastructure.

    Nothing built, nothing back, nothing better.

  22. SmallGovConservative says:

    ExEx says:
    September 5, 2023 at 1:05 pm
    “Biden’s Accomplishments: Lowering Costs of Families’ Everyday Expenses.”

    pffffft imbecile

  23. ExEx says:

    Still waiting for Drumpf’s achievements.

  24. ExEx says:

    2:02 Since becoming law a year and a half ago, President Joe Biden’s infrastructure package has led to 32,000 projects announced across 4,500 communities totaling $220 billion in planned spending, according to the White House.

  25. Jim says:

    Unprecedented Economic Boom attributed to Donald Trump:
    Before the China Virus invaded our shores, we built the world’s most prosperous economy.

    America gained 7 million new jobs – more than three times government experts’ projections.
    Middle-Class family income increased nearly $6,000 – more than five times the gains during the entire previous administration.
    The unemployment rate reached 3.5 percent, the lowest in a half-century.
    Achieved 40 months in a row with more job openings than job-hirings.
    More Americans reported being employed than ever before – nearly 160 million.
    Jobless claims hit a nearly 50-year low.
    The number of people claiming unemployment insurance as a share of the population hit its lowest on record.
    Incomes rose in every single metro area in the United States for the first time in nearly 3 decades.
    Delivered a future of greater promise and opportunity for citizens of all backgrounds.
    Hit record stock market numbers and record 401ks.

    The DOW closed above 20,000 for the first time in 2017 and topped 30,000 in 2020.
    The S&P 500 and NASDAQ have repeatedly notched record highs

  26. Jim says:

    ExEx says:
    September 5, 2023 at 2:42 pm
    Still waiting for Drumpf’s achievements.

    There are so many more, but what’s the point when you are high as a kite and comprehension is zero. How about we list Bidens fck ups

  27. Fast Eddie says:

    More Trump achievements as of January, 2021:

    Signed the Tax Cuts and Jobs Act – the largest tax reform package in history.
    More than 6 million American workers received wage increases, bonuses, and increased benefits thanks to the tax cuts.
    A typical family of four earning $75,000 received an income tax cut of more than $2,000 – slashing their tax bill in half.
    Doubled the standard deduction – making the first $24,000 earned by a married couple completely tax-free.
    Doubled the child tax credit.

    Virtually eliminated the unfair Estate Tax, or Death Tax.
    Cut the business tax rate from 35 percent – the highest in the developed world – all the way down to 21 percent.
    Small businesses can now deduct 20 percent of their business income.
    Businesses can now deduct 100 percent of the cost of their capital investments in the year the investment is made.
    Since the passage of tax cuts, the share of total wealth held by the bottom half of households has increased, while the share held by the top 1 percent has decreased.

    Over 400 companies have announced bonuses, wage increases, new hires, or new investments in the United States.
    Over $1.5 trillion was repatriated into the United States from overseas.
    Lower investment cost and higher capital returns led to faster growth in the middle class, real wages, and international competitiveness.
    Jobs and investments are pouring into Opportunity Zones.

    Created nearly 9,000 Opportunity Zones where capital gains on long-term investments are taxed at zero.
    Opportunity Zone designations have increased property values within them by 1.1 percent, creating an estimated $11 billion in wealth for the nearly half of Opportunity Zone residents who own their own home.
    Opportunity Zones have attracted $75 billion in funds and driven $52 billion of new investment in economically distressed communities, creating at least 500,000 new jobs.
    Approximately 1 million Americans will be lifted from poverty as a result of these new investments.
    Private equity investments into businesses in Opportunity Zones were nearly 30 percent higher than investments into businesses in similar areas that were not designated Opportunity Zones.

  28. Fast Eddie says:

    Foreign Business Achievements:

    Immediately withdrew from the job-killing Trans-Pacific Partnership (TPP).
    Ended the North American Free Trade Agreement (NAFTA), and replaced it with the brand new United States-Mexico-Canada Agreement (USMCA).
    The USMCA contains powerful new protections for American manufacturers, auto-makers, farmers, dairy producers, and workers.
    The USMCA is expected to generate over $68 billion in economic activity and potentially create over 550,000 new jobs over ten years.
    Signed an executive order making it government policy to Buy American and Hire American, and took action to stop the outsourcing of jobs overseas.

    Negotiated with Japan to slash tariffs and open its market to $7 billion in American agricultural products and ended its ban on potatoes and lamb.
    Over 90 percent of American agricultural exports to Japan now receive preferential treatment, and most are duty-free.
    Negotiated another deal with Japan to boost $40 billion worth of digital trade.

    Renegotiated the United States-Korea Free Trade Agreement, doubling the cap on imports of American vehicles and extending the American light truck tariff.
    Reached a written, fully-enforceable Phase One trade agreement with China on confronting pirated and counterfeit goods, and the protection of American ideas, trade secrets, patents, and trademarks.
    China agreed to purchase an additional $200 billion worth of United States exports and opened market access for over 4,000 American facilities to exports while all tariffs remained in effect.

    Achieved a mutual agreement with the European Union (EU) that addresses unfair trade practices and increases duty-free exports by 180 percent to $420 million.
    Secured a pledge from the EU to eliminate tariffs on American lobster – the first United States-European Union negotiated tariff reduction in over 20 years.
    Scored a historic victory by overhauling the Universal Postal Union, whose outdated policies were undermining American workers and interests.

    Engaged extensively with trade partners like the EU and Japan to advance reforms to the World Trade Organization (WTO).
    Issued a first-ever comprehensive report on the WTO Appellate Body’s failures to comply with WTO rules and interpret WTO agreements as written.
    Blocked nominees to the WTO’s Appellate Body until WTO Members recognize and address longstanding issues with Appellate Body activism.
    Submitted 5 papers to the WTO Committee on Agriculture to improve Members’ understanding of how trade policies are implemented, highlight areas for improved transparency, and encourage members to maintain up-to-date notifications on market access and domestic support.
    Took strong actions to confront unfair trade practices and put America First.

    Imposed tariffs on hundreds of billions worth of Chinese goods to protect American jobs and stop China’s abuses under Section 232 of the Trade Expansion Act of 1962 and Section 301 of the Trade Act of 1974.
    Directed an all-of-government effort to halt and punish efforts by the Communist Party of China to steal and profit from American innovations and intellectual property.
    Imposed tariffs on foreign aluminum and foreign steel to protect our vital industries and support our national security.
    Approved tariffs on $1.8 billion in imports of washing machines and $8.5 billion in imports of solar panels.
    Blocked illegal timber imports from Peru.

    Took action against France for its digital services tax that unfairly targets American technology companies.
    Launched investigations into digital services taxes that have been proposed or adopted by 10 other countries.
    Historic support for American farmers.

    Successfully negotiated more than 50 agreements with countries around the world to increase foreign market access and boost exports of American agriculture products, supporting more than 1 million American jobs.
    Authorized $28 billion in aid for farmers who have been subjected to unfair trade practices – fully funded by the tariffs paid by China.
    China lifted its ban on poultry, opened its market to beef, and agreed to purchase at least $80 billion of American agricultural products in the next two years.
    The European Union agreed to increase beef imports by 180 percent and opened up its market to more imports of soybeans.
    South Korea lifted its ban on American poultry and eggs, and agreed to provide market access for record exports of American rice.

    Argentina lifted its ban on American pork.
    Brazil agreed to increase wheat imports by $180 million a year and raised its quotas for purchases of United States ethanol.
    Guatemala and Tunisia opened up their markets to American eggs.
    Won tariff exemptions in Ecuador for wheat and soybeans.

    Suspended $817 million in trade preferences for Thailand under the Generalized System of Preferences (GSP) program due to its failure to adequately provide reasonable market access for American pork products.
    The amount of food stamps redeemed at farmers markets increased from $1.4 million in May 2020 to $1.75 million in September 2020 – a 50 percent increase over last year.
    Rapidly deployed the Coronavirus Food Assistance Program, which provided $30 billion in support to farmers and ranchers facing decreased prices and market disruption when COVID-19 impacted the food supply chain.
    Authorized more than $6 billion for the Farmers to Families Food Box program, which delivered over 128 million boxes of locally sourced, produce, meat, and dairy products to charity and faith-based organizations nationwide.
    Delegated authorities via the Defense Production Act to protect breaks in the American food supply chain as a result of COVID-19.

  29. Fast Eddie says:

    Energy Independence:

    For the first time in nearly 70 years, the United States has become a net energy exporter.
    The United States is now the number one producer of oil and natural gas in the world.
    Natural gas production reached a record-high of 34.9 quads in 2019, following record high production in 2018 and in 2017.
    The United States has been a net natural gas exporter for three consecutive years and has an export capacity of nearly 10 billion cubic feet per day.

    Withdrew from the unfair, one-sided Paris Climate Agreement.
    Canceled the previous administration’s Clean Power Plan, and replaced it with the new Affordable Clean Energy rule.
    Approved the Keystone XL and Dakota Access pipelines.

    Opened up the Arctic National Wildlife Refuge (ANWR) in Alaska to oil and gas leasing.
    Repealed the last administration’s Federal Coal Leasing Moratorium, which prohibited coal leasing on Federal lands.
    Reformed permitting rules to eliminate unnecessary bureaucracy and speed approval for mines.
    Fixed the New Source Review permitting program, which punished companies for upgrading or repairing coal power plants.

    Fixed the Environmental Protection Agency’s (EPA) steam electric and coal ash rules.
    The average American family saved $2,500 a year in lower electric bills and lower prices at the gas pump.
    Signed legislation repealing the harmful Stream Protection Rule.

    Reduced the time to approve drilling permits on public lands by half, increasing permit applications to drill on public lands by 300 percent.
    Expedited approval of the NuStar’s New Burgos pipeline to export American gasoline to Mexico.
    Streamlined Liquefied natural gas (LNG) terminal permitting and allowed long-term LNG export authorizations to be extended through 2050.
    The United States is now among the top three LNG exporters in the world.
    Increased LNG exports five-fold since January 2017, reaching an all-time high in January 2020.
    LNG exports are expected to reduce the American trade deficit by over $10 billion.

    Granted more than 20 new long-term approvals for LNG exports to non-free trade agreement countries.
    The development of natural gas and LNG infrastructure in the United States is providing tens of thousands of jobs, and has led to the investment of tens of billions of dollars in infrastructure.
    There are now 6 LNG export facilities operating in the United States, with 2 additional export projects under construction.
    The amount of nuclear energy production in 2019 was the highest on record, through a combination of increased capacity from power plant upgrades and shorter refueling and maintenance cycles.
    Prevented Russian energy coercion across Europe through various lines of effort, including the Partnership for Transatlantic Energy Cooperation, civil nuclear deals with Romania and Poland, and opposition to Nord Stream 2 pipeline.

    Issued the Presidential Permit for the A2A railroad between Canada and Alaska, providing energy resources to emerging markets.
    Increased access to our country’s abundant natural resources in order to achieve energy independence.

    Renewable energy production and consumption both reached record highs in 2019.
    Enacted policies that helped double the amount of electricity generated by solar and helped increase the amount of wind generation by 32 percent from 2016 through 2019.
    Accelerated construction of energy infrastructure to ensure American energy producers can deliver their products to the market.
    Cut red tape holding back the construction of new energy infrastructure.

    Authorized ethanol producers to sell E15 year-round and allowed higher-ethanol gasoline to be distributed from existing pumps at filling stations.
    Ensured greater transparency and certainty in the Renewable Fuel Standard (RFS) program.
    Negotiated leasing capacity in the Strategic Petroleum Reserve to Australia, providing American taxpayers a return on this infrastructure investment.
    Signed an executive order directing Federal agencies to work together to diminish the capability of foreign adversaries to target our critical electric infrastructure.

    Reformed Section 401 of the Clean Water Act regulation to allow for the curation of interstate infrastructure.
    Resolved the OPEC (Organization of the Petroleum Exporting Countries) oil crisis during COVID-19 by getting OPEC, Russia, and others to cut nearly 10 million barrels of production a day, stabilizing world oil prices.
    Directed the Department of Energy to use the Strategic Petroleum Reserve to mitigate market volatility caused by COVID-19.

  30. Fast Eddie says:

    Workers and Families:

    Doubled the Child Tax Credit from $1,000 to $2,000 per child and expanded the eligibility for receiving the credit.
    Nearly 40 million families benefitted from the child tax credit (CTC), receiving an average benefit of $2,200 – totaling credits of approximately $88 billion.
    Signed the largest-ever increase in Child Care and Development Block Grants – expanding access to quality, affordable child care for more than 800,000 low-income families.

    Secured an additional $3.5 billion in the Coronavirus Aid, Relief, and Economic Security (CARES) Act to help families and first responders with child care needs.
    Created the first-ever paid family leave tax credit for employees earning $72,000 or less.
    Signed into law 12-weeks of paid parental leave for Federal workers.
    Signed into law a provision that enables new parents to withdraw up to $5,000 from their retirement accounts without penalty when they give birth to or adopt a child.
    Advanced apprenticeship career pathways to good-paying jobs.

    Expanded apprenticeships to more than 850,000 and established the new Industry-Recognized Apprenticeship programs in new and emerging fields.
    Established the National Council for the American Worker and the American Workforce Policy Advisory Board.
    Over 460 companies have signed the Pledge to America’s Workers, committing to provide more than 16 million job and training opportunities.
    Signed an executive order that directs the Federal government to replace outdated degree-based hiring with skills-based hiring.
    Advanced women’s economic empowerment.

    Included women’s empowerment for the first time in the President’s 2017 National Security Strategy.
    Signed into law key pieces of legislation, including the Women, Peace, and Security Act and the Women Entrepreneurship and Economic Empowerment Act.
    Launched the Women’s Global Development and Prosperity (W-GDP) Initiative – the first-ever whole-of-government approach to women’s economic empowerment that has reached 24 million women worldwide.
    Established an innovative new W-GDP Fund at USAID.
    Launched the Women Entrepreneurs Finance Initiative (We-Fi) with 13 other nations.

    Announced a $50 million donation on behalf of the United States to We-Fi providing more capital to women-owned businesses around the world.
    Released the first-ever Strategy on Women, Peace, and Security, which focused on increasing women’s participation to prevent and resolve conflicts.
    Launched the W-GDP 2x Global Women’s Initiative with the Development Finance Corporation, which has mobilized more than $3 billion in private sector investments over three years.
    Ensured American leadership in technology and innovation.

    First administration to name artificial intelligence, quantum information science, and 5G communications as national research and development priorities.
    Launched the American Broadband Initiative to promote the rapid deployment of broadband internet across rural America.
    Made 100 megahertz of crucial mid-band spectrum available for commercial operations, a key factor to driving widespread 5G access across rural America.
    Launched the American AI Initiative to ensure American leadership in artificial intelligence (AI), and established the National AI Initiative Office at the White House.
    Established the first-ever principles for Federal agency adoption of AI to improve services for the American people.
    Signed the National Quantum Initiative Act establishing the National Quantum Coordination Office at the White House to drive breakthroughs in quantum information science.
    Signed the Secure 5G and Beyond Act to ensure America leads the world in 5G.

    Launched a groundbreaking program to test safe and innovative commercial drone operations nationwide.
    Issued new rulemaking to accelerate the return of American civil supersonic aviation.
    Committed to doubling investments in AI and quantum information science (QIS) research and development.
    Announced the establishment of $1 billion AI and quantum research institutes across America.
    Established the largest dual-use 5G test sites in the world to advance 5G commercial and military innovation.

    Signed landmark Prague Principles with America’s allies to advance the deployment of secure 5G telecommunications networks.
    Signed first-ever bilateral AI cooperation agreement with the United Kingdom.
    Built collation among allies to ban Chinese Telecom Company Huawei from their 5G infrastructure.
    Preserved American jobs for American workers and rejected the importation of cheap foreign labor.

    Pressured the Tennessee Valley Authority (TVA) to reverse their decision to lay off over 200 American workers and replace them with cheaper foreign workers.
    Removed the TVA Chairman of the Board and a TVA Board Member.

  31. leftwing says:

    Hi. Wow. Bye. Back to markets.

  32. Jim says:

    Bidens fck ups,

    Highest unemployment in over 40 years, Afghanistan pull out cost American lives and our allies have been murdered, Border security has collapsed allowing illegals to flood our country and cost us BILLIONS, Crime has tripled since Biden has been leading our country, Biden has sold our strategic oil supply and will do it again when our gas hits $4.00 a gallon( November or sooner), Biden has given Ukraine 76.8 billion dollars while our people in America are forced to borrow money (CC) just to survive, Biden stole documents illegally from government without punishment, students have lost ground in education because of Joe’s closing down the schools, Joe is working on taking away our gas stoves and fans ( where is our free choice???). You and I know there are even more but why waste our time and effort but how about Joe selling our country out for his families gain….horrid. Learn Chinese it may become our only language when China takes us over, although Joe says they are our friends.

  33. Jim says:

    Fast Eddie says:
    September 5, 2023 at 3:07 pm

    Eddie, Great job. But EX EX has blinders on and he is stoned 95% of the time.

  34. Libturd says:

    You will never find a winner in an achievement vs. achievement comparison. Especially if you choose to leave out the negatives of each administration.

    Leaving biases aside (which I know is hard for you wonks to comprehend since it’s not possible for you guys to do such a thing):

    Trump lowered the corporate tax rate and made temporary incentives to repatriate profits which created a corporate windfall. Unfortunately, it resulted in a tremendous increase in the federal deficit since Trump took what was necessary to balance the government’s balance sheet and gave it back to the corporations. Theoretically, and this mistake (or excuse) is made over and over again with every Republican administration, corporate profits would trickle down to the entire economy generating so much corporate revenue that the lower tax rate would not negatively impact the government’s balance sheet. It never worked in the past. It will never work in the future. On the bright side, the upper class benefitted greatly. And while the economy exploded upwards initially, as there was so much extra money floating around, Trump decided to lambaste the FED into lowering interest rates instead of raising them. These two actions would certainly create a more economically difficult future. Then Trump decided to give out Covid stimulus to the majority of taxpayers when only a minority (mostly poor restaurant workers) were negatively impacted by covid. The rich were paid through PPP. Boom, the trigger for the worst inflation the country has experienced since the 80s was pulled. And instead of having interest rates already raised which would have helped stem inflation; Trump made it where the increases had to start from zero instead of where the FED had wanted them, many points higher. Again, the drastic increase in interest rates hurt the poor as the rich don’t use credit when the rates are high. This mess is what Biden inherited.

    Of course, Biden’s administration did what every Dem administration has done since Bill stupped the intern. They spend and spend and spend, mainly on ‘green’ initiatives which are wholly owned by their major campaign contributors. Bill and Obama actually left the White House either with a balanced budget or a near balanced budget. You can’t say that for any Republican. You also can’t say that for Biden’s first term. As for infrastructure. Most of the blue states are much older than the red states. Whoever is in power gets the infrastructure. Whether it be a bridge to nowhere or another Amtrak tube under the Hudson.

    Conclusion: They are all the same.

  35. Fast Eddie says:

    Another O’Biden accomplishment:

    “(CNN) North Korean leader Kim Jong Un may travel to Russia to meet President Vladimir Putin for discussions on a potential deal to supply Moscow with weapons for its war on Ukraine, according to the US government.

    The National Security Council warned Monday that arms negotiations between Russia and North Korea are “actively advancing,” after Russian Defense Minister Sergei Shoigu visited Pyongyang in July in an attempt to convince it to sell artillery ammunition to Moscow.

    “We have information that Kim Jong Un expects these discussions to continue, to include leader-level diplomatic engagement in Russia,” the council’s spokesperson, Adrienne Watson, said in a statement.”

  36. OC1 says:

    “Let me know what the delta is for the number of jobs lost during the pandemic and the job recovery number. Find it and post it.”

    Here’s a graph that shows it:

    Pre-pandemic peak was about 132 million vs about 134.5 mil today.

    Of course, it’s not hard to beat Trump’s job creation record- he was the first president since Hoover to preside over a reduction in the number of US jobs…

  37. ExEx says:

    I’d rather be STONED than STUPID.

  38. Juice Box says:

    ARM valuation anyone 54 Billion? Totally fabless semiconductor company, they make nothing but chip designs and revenues via per-unit royalty. 5,800 employees with a rumored 1 lawyer for every 2 engineers staffing. They also cannot sell designs to the Chinese, but that is not going to stop China anyway.

  39. Fast Eddie says:

    Of course, it’s not hard to beat Trump’s job creation record- he was the first president since Hoover to preside over a reduction in the number of US jobs…

    …because China unleashed a global pandemic not experienced in 100 years. There, I completed it for you.

    2.5 Million jobs / 31 months = 80,645 jobs per month. Wow, awesome job, Joe! (cough…)

    You guys are like shooting fish in a fucking barrel.

  40. ExEx says:

    Another Proud Boy sentenced to
    27-33 years.

  41. ExEx says:

    Then there’s this:

    Last week, filings in an attempt to resolve the case without trial showed prosecutors’ contention that annually between 2011 and 2021 Trump inflated his net worth by between $812m and $2.2bn.

  42. Very Stable Genius says:

    Judge Kelly has applied the terrorism enhancement to Enrique Tarrio’s upcoming sentence. Parties are still working through the guidelines.

  43. Fast Eddie says:


    9 million jobs / 36 months (pre-pandemic) = 250,000 jobs per month. Without the pandemic, we’re looking at 12,000,000 jobs created under Trump in four years.

  44. Juice Box says:

    Biden #1 job right now is to be worried about further escalation. North Korea is more than just a potential deal to supply Moscow with weapons for its war on Ukraine. It’s over 550 days now and they need both weapons and manpower.

    Twitter rumors say Russia is now drafting another 200,000 by November 1st and they may even cut a deal to get 50,000 North Korean soldiers to show up on the Ukraine front lines as well. We know Putin could arm them with ICBMs that actually work. Whatever the deal is it won’t be cheap. Oil which North Korea desperately needs, grains, and well ICBMs. Russia is retiring a lot of old ones now, easy peasy to ship them to North Korea, notwithstanding the Nuclear Non-Proliferation Treaties which were originally signed by the Soviets.

    Scientists say we are close to Doomsday because of this war, not since the Cuban Missle crisis has it been this close. I am not so certain if something happens it can or will be de-escalated.

    The Media went wild with Trump as President, all kinds of stories that said he was going to start WWIII. We don’t get even a peep from the media about the current administration.

  45. OC1 says:

    “Without the pandemic, we’re looking at 12,000,000 jobs created under Trump in four years.”

    But there was a pandemic, right? And that’s the reality we all live in, right?

    The fact is, both Trump and Biden have had to deal with the pandemic (and for Biden, the aftermath too). Presidents have to play the cards they are dealt.

    Biden has played his bad cards much better than Trump did.

  46. OC1 says:

    “We know Putin could arm them with ICBMs that actually work. ”

    I don’t think Russia’s new best buddy and main trading partner- China- would be too enthusiastic about that.

    The Chinese don’t really relish the idea of a crazy dictator on their border starting a nuclear war with the US.

  47. Libturd says:

    Ummmm. Relish.

  48. Phoenix says:

    The Russians hate the Americans more than the Chinese so there is that. And if the Americans launch near China I’m sure they will respond in kind.

  49. Phoenix says:

    The poster wrote: ‘Pg cops don’t care.’

    Kids can he heard and seen running nearby the couple.

    The officer in the footage has not been identified, and it’s not clear when the video was taken.

    A group of men can be heard in the background speaking Spanish as they judge the scene.

    One says: ‘Look! Look! He’s taking her to the car!’

    Another adds: ‘He’s an animal, the bald cop!’

  50. Bystander says:

    Something big got splattered in the middle of the board bw 2:45 – 3:15. Need some heavy duty bug remover.

  51. SmallGovConservative says:

    Not sure which stooge deserves today’s ‘Baghdad Bob award’ more, Ex for claiming that SlowJoe lowered expenses for families, or OC for burying his head in the sand and trying to pretend that the war in Europe that began on Joe’s watch, isn’t really escalating. Let’s call it a tie; they’re both deserving stupid and detached from reality!

  52. ExEx says:

    Rather a stooge than a splooge.

  53. Juice Box says:

    Oooooffff….Tucker’s show tomorrow expose on Barack Obama drugs and dicks…

  54. TwentyTwoForConfusedCubano says:

    I love the fact that turdhead Enrique Tarrio got 22 yrs. That little cuban castro wannabe wanted to make this great country into the chit island he crawled from.

    I hope he has a good time in club fed as he seems very confused. Either way 22 yrs will straighten his confused MAGA behind. This Chappelle sketch reminds me of him.

  55. 3b says:

    Anyone familiar with the NJ exit tax?

  56. JJ says:

    So I was cleaning the crush valor seats in my caddie and started thinking about NJ real estate report. What up biiiitches?

    Can’t believe Juice box still posting. Can someone catch me up what happened 7 years?

    I posted so much back in 2012 in Sandy when my house taken out in Sandy and was off line you guys sent a search party out! Loved that!

    When’s the next housing crash? 9 percent mortgages? Sky high home insurance and property taxes, a recession or a black swan ?

  57. Libturd says:

    Anyone watching this Florida kid play tennis?

  58. BRT says:

    we need a verification check. We can’t update you on the past 7 years until you tell us a JJ story.

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