From Patch:
$1 Homes For Sale In Newark; Public Lottery Will Mark Milestone
Buy a house for a buck? That’s the dream that’s about to become reality for some lucky Newark families on Monday, when the city launches its first public lottery for a new homeownership program.
Taking place at City Hall at 10 a.m., the lottery will mark a watershed moment for Newark’s Homeownership Revitalization Program.
Under the program, local residents get the chance to buy a city-owned property for as little as $1.
“Program participants must be Newark residents, and commit to reside in the properties for a minimum of 10 years. The selection of Newarkers approved to participate is based upon their ability to carry out financial and other necessary obligations for successful homeownership. All accepted applicants would be eligible for NACA’s Best in America mortgage that requires no down payment, no closing cost, no fee, and no mortgage insurance at a below market fixed rate, without consideration of one’s credit score. Accepted applicants also receive guidance and instruction from NACA’s HUD certified counselors to become well-informed homebuyers and owners who can successfully redevelop their properties.”
first……
I can smell the fraud from this already at 7am.
Well, I guess if you are going to allow the bigger con artists in the government to pull this off, it’s kind of hard to do that without leaving the loophole open for the little guy (woman). Hehe.
April 15th is just around the corner. Send in your checks. This lady, Ukraine, and every other pig is at the trough and wants to be fed.
Millionaire conwoman, 57, who bilked Pentagon out of over $100M to splash on 31 homes and 80 cars in ‘biggest ever US Army scam’ is allowed to retire with FULL BENEFITS despite IRS criminal probe
Don’t F with the Swifties. Hehe.
Elon f’s this up Taylor and friends will find Spectrum Boy and hang him up by his cojones.
X is forced to ban ALL searches for Taylor Swift five days after vile sexually graphic AI pictures emerged on the platform
Narcissism is a powerful driving force for those with a love for money. A GoFund Me?
Bet she never paid dutch on a date. Or paid at all.
Alyssa Milano is spotted driving her $200k electric Porsche Taycan with son Milo to pet store – days after asking for $10k donation for his baseball team trip
Multimillionaire Charmed star was seen driving her fully-loaded and customized 2023 electric Porsche Taycan 4S just days after she was slammed on the Internet for sharing a GoFundMe for son’s baseball trip
Invasion of migrants? Wasn’t Texas originally part of Mexico? Seems to me they are just repatriating land that was stolen from them. Hehe.
‘Is this going to turn into a civil war?’ Texas’ Lt. Gov. slams Biden for failing to stop ‘invasion’ of migrants and calls them a ‘cartel army’ – as he’s asked if WAR could break out between National Guard and Border Patrol
Female criminal, female judge, it’s like no crime committed. Had this been a man what would have been the sentence?
Graphic arts teacher Christine Knudsen escapes prison sentence after admitting to having sex with female high school student, 17, who was in the drama club she oversaw
Christine Knudsen, 46, was hit with a three-year suspended sentence for her sordid sexual relationship – with a then 17-year-old girl in 2017 and 2018
Sniffling while being rebuked for her behavior, Knudsen was also told by a New jersey judge she will now be under parole supervision for the rest of her life
‘You are hereby sentenced to three years in New Jersey State Prison to be suspended,’ said state Superior Court Judge Nina Remson, six months after Knudsen pleaded guilty to the illegal sexual relationship.
Newark also runs a “Closing Costs” program for first-time homebuyers who are trying to purchase a property in the Brick City.
Well, that’s an appropriate name, Brick City. A friend and I were driving on route 280 in the 1980’s and a brick hit the top of the windshield by the roof. A split-second sooner and who knows the fate of either of us. I was the passenger. My friend drove up and entrance ramp off the highway and chased the rats as they scurried down alley ways. My friend would have run any of them over at high speed.
Phoenix – Border Patrol on the Texas-Mexico border last year said 83% of those encountered were not Mexican citizens.
AI Overlord……
https://www.instagram.com/p/C2QARHJR1sZ/
Regarding these $1 homes, that will become reality one day not just in Newark but the general north east and other areas of the nation. The property taxes will rise to a level equal to a current monthly mortgage payment. A typical cape on a 50 x 100 lot can expect to see 50K plus in taxes to pay for bloated mismanagement in public divisions. Six-digit salaries and similar pensions for a 6-hour day to surf s0cial media will demand robust increases. You gain “possession” of the house for $1 and simply pay the juice (taxes). Equity in a house will no longer exist. Ayn Rand’s novels paint the picture perfectly. She slowly illustrates the deterioration of a once robust nation into flatulent stupidity. We’re watching the fade occur steadily.
Just a cost reference for Meta’s AI investment.
600,000 NVIDIA H100s or AMD etc equivalents investment of $20 Billion in Hardware alone. Add in facilities and other cost the total investment Meta is making in total data center infrastructure is around $50 Billion for AI.
Another note…Hardware supply chain. Meta’s GPU investments are estimated to be 60% NVIDA with the rest being made up of AMD and others. 250K other A100 equivalents going will be from AMD.
Chips will be NVIDIA, AMD, and Broadcom.
Arista for Data Center Networking symbol ANET.
Eaton — ETN for Data Center management
Zuck is promising a completely open-source AI. Llama is either the 2nd or 3rd most deployed foundation model. With this investment in GPUs Zuck is trying to have more compute than any foundation model provider. Pytorch for inference and AI training.
He can and will build it but will they come? It will be interesting to see if Zuckerberg can build his own AI Cloud services that people will be willing to pay for.
A pair of mamalukes/ stunads
https://nypost.com/2024/01/29/news/owners-of-famous-philly-cheesesteak-chain-sentenced-in-8m-tax-fraud-scheme/
Nice call on Sofi Lib. Thanks for bringing that to my attention. Made a quick 10%. Cashed out.
Meanwhile, Tony Luke’s isn’t even in my top 10 in cheesesteaks, but it’s good enough to apparently embezzle 8 million. Kinda reminds me of my grandparents. They owned two Chinese restaurants in the 60s through 80s. 1 in Teaneck, 1 in Ft. Lee. They were doing the same thing and one of the employees ratted them out. They ended up having to sell the Ft. Lee property to make payments to the IRS. Had they just played ball, that property was worth probably 10 million dollars today.
Typical Maga
BRT says:
January 29, 2024 at 9:14 am
Meanwhile, Tony Luke’s isn’t even in my top 10 in cheesesteaks, but it’s good enough to apparently embezzle 8 million. Kinda reminds me of my grandparents. They owned two Chinese restaurants in the 60s through 80s. 1 in Teaneck, 1 in Ft. Lee. They were doing the same thing and one of the employees ratted them out. They ended up having to sell the Ft. Lee property to make payments to the IRS. Had they just played ball, that property was worth probably 10 million dollars today.
Re Tony Luke’s tax fraud- I know several Chinese restaurants (that have significant # of Chinese patrons) where if you speak Chinese, you can ask for and get a cash discount. If you pay cash they cross out the tax line, and you pay the pre-tax amount. I wonder if they are reporting those revenues to NJ/IRS?
BRT: under reporting revenue to IRS, it is tax fraud, not embezzlement. No money was stolen.
BRT says:
January 29, 2024 at 9:14 am
Meanwhile, Tony Luke’s isn’t even in my top 10 in cheesesteaks, but it’s good enough to apparently embezzle 8 million. Kinda reminds me of my grandparents. They owned two Chinese restaurants in the 60s through 80s. 1 in Teaneck, 1 in Ft. Lee. They were doing the same thing and one of the employees ratted them out. They ended up having to sell the Ft. Lee property to make payments to the IRS. Had they just played ball, that property was worth probably 10 million dollars today.
NYS nails bars/restaurants by backing into revenue based on invoices of food and materials used. Your costs say you made 10,000 cheesesteaks, but your revenue only reflects 7,500. Fess up
BRT,
No problem. I woulda left half in. It’s just an amazing product, especially when compared with brick & mortar banks. High interest on checking, you get paid on Wednesday if you direct deposit, really high check deposit and ACH transfer limits, super speedy ACH, no fees for atms, no overdraft fees and you can leave all your money in your saving account. They automatically move the money from your savings account to your checking account if necessary to pay a check/bill. Decent investing platform. The place to refinance college loans. What’s not to like. If anyone is still in brick & mortar banking, you are an idiot. And I mean that. Oh yeah, no fee for check printing either. They make money mostly the old way. On loan interest. Not fees. And this quarter, they were profitable with some sick growth projections and management has now overdelivered for five straight quarters. I even emailed the analyst who downgraded them based on valuation a month ago and took the equity down nearly thirty percent. I’m glad you profited. And didn’t listen to Pumps (zing).
And you sold too soon.
I take umbrage with you carelessly referring to people such as me as “idiots”. Based on the included chart, I am clearly a moron. Please learn to check yourself.
https://www.researchgate.net/figure/Levine-and-Marks-1928-IQ-classification_tbl1_343813113
Libturd says:
January 29, 2024 at 10:08 am
BRT,
If anyone is still in brick & mortar banking, you are an idiot.
I like that chart.
WSJ Editorial
It was bound to happen eventually, as President Biden was warned repeatedly. A drone or missile launched by Iran’s militia proxies would elude U.S. defenses and kill American soldiers. That’s what happened Sunday as three Americans were killed and 25 wounded at a U.S. base in Jordan near the Syrian border. The question now is what will the Commander in Chief do about it?
Mr. Biden issued a statement Sunday that “America’s heart is heavy” at the death of patriots who are the “best of our nation.” That sentiment is nice, and no doubt sincere, but at this point it is inadequate and infuriating.
The sorry truth is that these casualties are the result of the President’s policy choices. Mr. Biden has tolerated more than 150 Iranian proxy attacks on U.S. forces in the Middle East since October. Only occasionally has he or the Administration registered more than rhetorical displeasure by retaliating militarily, and only then with limited airstrikes.
The President refused to change course even after U.S. troops suffered traumatic brain injuries. A Christmas Day proxy attack in Iraq left a U.S. Army pilot in a coma. Last week, more than a month later, Chief Warrant Officer 4 Garrett Illerbrunn was finally “sitting up in the chair for the first time for most of the day,” and “alert with both eyes opened and following,” his family’s medical blog says.
Mr. Biden vowed Sunday to “hold all those responsible to account at a time and in a manner our choosing,” though that stock line rings increasingly hollow. He has no choice now other than to approve strikes in retaliation, but targeting the responsible militia is insufficient. Mr. Biden and the Pentagon are playing Mideast Whac-a-Mole.
Everyone knows that the real orchestrator of these attacks is Iran. But the President has put his anxieties about upsetting Iran and risking escalation above his duty to defend U.S. soldiers abroad. It would have been more honest (if a sign of weakness) to withdraw American troops from the region, rather than consign them to catching Iranian drones for months.
The irony of Mr. Biden’s strategy—avoid escalation with Iran above all else—is that he’ll now have to strike back harder than if he had responded with devastating force the first time U.S. forces were hit, and every time since.
That probably includes hitting Iranian military or commercial assets. There are certainly risks of escalation from doing so. But Iran and its proxies are already escalating, and they have no incentive to stop unless they know their own forces are at risk. Here’s one idea: Put the Iranian spy ship that has been prowling the Red Sea on the ocean floor.
The alternative is a growing American body count. Iran’s clients in Yemen are continuing to fire at U.S. warships in the Red Sea while holding a vital shipping lane hostage. U.S. destroyers have managed to intercept Houthi volleys in a testament to American weapons technology and military professionalism. But eventually a drone or missile could elude U.S. defenses and sink a U.S. warship.
One thing to watch is whether the Administration will react to this attack by putting more pressure on Israel to stop its campaign against Hamas. This would validate the claim of the militias that they are merely targeting the U.S. because it supports Israel. And it would tell Iran that its militia drone and missile campaign has succeeded in easing pressure on Hamas. But it is how this Administration thinks.
Mr. Biden has spent months fretting about a broader regional war without confronting the reality that the U.S. is already in one. The result is that U.S. deterrence has collapsed in the region, and Americans are dying. Mr. Biden’s repeated displays of weakness are inviting more attacks. In the 1970s, Iran helped to ruin Jimmy Carter’s Presidency by seizing hostages. Mr. Biden should worry that it will also take down his Presidency if he won’t respond with enough force that the mullahs get the message.
This sentence stuck out to me.
Here’s one idea: Put the Iranian spy ship that has been prowling the Red Sea on the ocean floor.
Wow. The dude who downgraded SOFI at KBW emailed me back with a really kind and quite lengthy response. He didn’t disagree with me on my thoughts on their potential, but he said I am not valuing the risk of their higher than average capital ratio, which is the amount of their loans versus their total capital. I really did not expect a response, but am truly impressed by it and his timeliness. I almost told him, “Don’t you have better things to do?”
“Joe, JOE, Iran is stepping up it’s attacks!”
“What? Diane is sending a fax? Oh, good. Tell her my father said hello.”
“Do want an urgent meeting with the joint chiefs?”
“Smoke a joint with thieves? Me and Corn Pop smoked some of that mary jane after I licked him good! We became pals.”
If I catch big candle on earnings, I always cash out. At least for the day.
Gary, LOL.
Lib, nice pull.
That WSJ editorial….good, but leaves out a major point….all the money flowing into Iran from China (who we are pressuring to stop purchasing Iranian oil and ‘help’ us out with their client) that enables this bad behavior originates with one of SlowJoe’s early acts as President, specifically repealing sanctions on Iran once he took office to yet again try in vain to appease his way to ‘peace’ by restarting nuke discussions previously shut down.
Liberals are weak and worthless.
No One,
I’m sure every mom & pop restaurant does it. What I’ve noticed is that once they get to multiple locations, that’s where the government starts to get interested. My wife’s distant family started Manco & Manco Pizza. They got busted for doing the same thing.
Why should China be “pressured” into stopping any deals with Iran or anyone else? America has been calling China it’s biggest threat and enemy.
leftwing says:
January 29, 2024 at 11:07 am
Gary, LOL.
Lib, nice pull.
That WSJ editorial….good, but leaves out a major point….all the money flowing into Iran from China (who we are pressuring to stop purchasing Iranian oil and ‘help’ us out with their client)
BRT says:
January 29, 2024 at 11:16 am
No One,
I’m sure every mom & pop restaurant does it. What I’ve noticed is that once they get to multiple locations, that’s where the government starts to get interested. My wife’s distant family started Manco & Manco Pizza. They got busted for doing the same thing.
But paying minimum wage is killing them, yet they are stealing millions. I’m beginning to think that the only arm of justice in America that actually works or has any teeth at all is the IRS.
Phoenix,
the IRS is the worst offender of them all. They presume you are guilty before you ever go to court.
I’m beginning to think, after the second article today, that begging for money is the best way to get it:
Mary Lou Retton and her family received $459,354 in public donations after the retired gymnast was recently hospitalized with a rare form of pneumonia. Questions were raised as to why the five-time gold medal winner had no health insurance and why her family resorted to begging for cash online to bail her out. DailyMail can reveal that she got $2million from her 2018 divorce and was expected to collect around $2million more in a separate legal case.
Haha. That’s funny. Guess you have never dealt with local law enforcement. Or watched something like Long Shot or American Nightmare on Netflix.
BRT says:
January 29, 2024 at 11:27 am
Phoenix,
the IRS is the worst offender of them all. They presume you are guilty before you ever go to court.
Is that our killer drone or their killer drone? Technology is fun!
Now, the Wall Street Journal has reported that the US failed to stop the attack because the enemy drone approached its target at the same time as a US drone returning to base and the two were confused.
“Sir, we were out killing people with our killer drone and we asked it to come back. On the screen the other drone looked just like our friendly. Sorry boss.”
Famed financial analyst Richard X. Bove predicts the fall of the US economy and says China will take over as the money superpower in his final forecast ahead of his retirement: ‘The dollar is finished as the world’s reserve currency’
America still likes it’s slaves. It just does it in a more “nuanced” fashion…
ANGOLA, La. (AP) — A hidden path to America’s dinner tables begins here, at an unlikely source – a former Southern slave plantation that is now the country’s largest maximum-security prison.
Unmarked trucks packed with prison-raised cattle roll out of the Louisiana State Penitentiary, where men are sentenced to hard labor and forced to work, for pennies an hour or sometimes nothing at all. After rumbling down a country road to an auction house, the cows are bought by a local rancher and then followed by The Associated Press another 600 miles to a Texas slaughterhouse that feeds into the supply chains of giants like McDonald’s, Walmart and Cargill.
Intricate, invisible webs, just like this one, link some of the world’s largest food companies and most popular brands to jobs performed by U.S. prisoners nationwide, according to a sweeping two-year AP investigation into prison labor that tied hundreds of millions of dollars’ worth of agricultural products to goods sold on the open market.
They are among America’s most vulnerable laborers. If they refuse to work, some can jeopardize their chances of parole or face punishment like being sent to solitary confinement. They also are often excluded from protections guaranteed to almost all other full-time workers, even when they are seriously injured or killed on the job.
Sofi now printing red candles from $9.44 to 8.75 in the past 2 hours. I’d look to jump back in on support lines.
Law enforcement will still give you a court date. You can argue that its a kangaroo court awaiting you. IRS just tells you they are taking it from your account if you don’t pay.
Law enforcement will escort you out of your house in minutes with guns. No court date required.
“Everyone knows that the real orchestrator of these attacks is Iran. ”
Whenever someone says “everyone knows ABC”, you can be pretty sure that, no, everyone does NOT know ABC.
In fact, US intelligence says there’s no evidence that Iran orchestrated the attacks.
The US supports Israel- even though Israel does a lot of stuff that we wish they wouldn’t.
In the same way, the groups that Iran supports may do stuff that Iran wishes they wouldn’t.
It’s a very tricky situation.
Kill the messenger.
Ex-IRS contractor sentenced to 5 years in prison for leaking Trump tax records
Charles Littlejohn had pleaded guilty to leaking thousands of tax records, including for Trump and billionaires like Jeff Bezos and Elon Musk.
“I’ll take weapons of mass destruction for 600. “
Bove was washed up in 2008. At this point he must be a decrepit and senile old man.
Phoenix says:
January 29, 2024 at 11:37 am
Famed financial analyst Richard X. Bove predicts the fall of the US economy and says China will take over as the money superpower in his final forecast ahead of his retirement: ‘The dollar is finished as the world’s reserve currency’
As an aside, I’ve read that you can assume that a substantial number of active members of the military of almost every one of our enemies has crossed into our country through Mexico. It is only a matter of time before they hit us hard here. Especially in response to our actions abroad.
I am not being political. I am stating an obvious but underreported fact.
There’s a vid of a middle eastern man at the border making casual threats about soon we will know who he is. Internet already identified him as a previously jailed Hezbollah member who was convicted of terrorism
In fact, US intelligence says there’s no evidence that Iran orchestrated the attacks.
The Deputy Pentagon Press Secretary just said there’s numerous proxies set up by Iran to do their bidding. Is that same as, “It wasn’t me! I didn’t do it!”
And now, a message from our Vice President:
https://www.youtube.com/watch?v=16ifGV7GYdA
OC1:I think it’s naive to believe these Iranian sponsored terrorist groups are committing these attack without Irans Ok. Iran provides them with money and weapons.
Iran provides them with money and weapons.
$6 billion, to be exact.
OC1 says:
January 29, 2024 at 2:49 pm
“US intelligence says there’s no evidence that Iran orchestrated the attacks…It’s a very tricky situation.”
I see the stooges got the memo that it’s time to make excuses for the Big Guy’s latest debacle.
In any case, having recently finished a documentary on Vietnam, it’s stunning to watch SlowJoe get us into a quagmire in the middle-east in exactly the same way that LBJ (another failed Dem admin) got us into one in over there. Literally the same blueprint — start with a weak and confused foreign policy (Afghan retreat, threaten to make Saudi Arabia a pariah and then go begging hat-in-hand for help on oil prices), do everything in half-measures (Israel can defend itself but not too much) and get drawn into skirmishes with the proxies but never address the root of the problem (play whack-a-mole with the Houthis but don’t touch Iran). What a disaster!!!
3b- Why is it naive?
The countries the US supports don’t always do what we want.
Why do think Iran has it any easier with the terrorist and militia groups it supports?
OC1 : I am really surprised you asked that question.
SmallBrains-
Don’t know what Vietnam documentary you watched, but it’s pretty obvious that you didn’t understand it!
3b- Maybe you can answer it then.
OC1: It would be better if you figured that out for yourself.
Typical Maga
Yeah my grandparents wore a Red Maga Hat in 1977.
“US intelligence says there’s no evidence that Iran orchestrated the attacks…I see the stooges got the memo that it’s time to make excuses for the Big Guy’s latest debacle.”
Didn’t I literally just watch a WH presser on CBS Evening News where they said that Iran was responsible? The little dude at the podium, not the ditzy chick that can’t move without notes.
Or am I getting as senile as SlowJoe himself?
I won’t be convinced until they tell me that 50 former CIA agents signed a letter saying Iran was responsible.
I saw the same presser. Iran was mentioned as responsible.
Well, you know what they always say. Ain’t nothin’ like a touch of the ol’ war to keep the economy truckin’.
Just as an FYI our soldiers that died in Jordan were protecting the border between Syria and Jordan, as well as supporting our boots on the ground in Syria. ISIS is still around so we have 2500 troops in Iraq and another 900 or so in Syria. They are there supporting the forgotten war against ISIS or ISIL. US operations officially began in Syria over a decade ago under Obama. There are still some active fighting between the Syrian government (Assad who we failed to depose) and various rebel groups in that country. Assad is actively supported by Russia with both arms and Russian forces. Our patrols run into their troops in the North Wester Syria from time to time. Whatever drone hit our base Tower 22 has been identified by now, if they say there is no evidence it was Iranian then well it could be the Russians or ISIS or even Assad’s forces.