From NorthJersey.com:
One North Jersey city leads the Garden State in housing development. See where
While housing inventory across the nation has continued to fall short of meeting the growing demand, certain cities are making bigger strides at closing that gap than others. And in New Jersey, there’s one place that’s far exceeding expectations.
Jersey City is leading the Garden State in housing development with a 43% increase in housing inventory from 2005 to 2023 — at least twice as fast than the rest of the state. This Hudson County city was also named among the top spots for housing development in the nation for the same period, outpacing the national rate of 16.7%.
This is according to a recent housing trend report from StorageCafe — a self-storage listing site that is part of real estate software platform Yardi — where experts ranked 489 U.S. cities with populations of more than 55,000 people based on how their housing inventory changed from 2005 to 2023, using U.S. Census data.
Ranking 56th overall in the report, Jersey City saw housing development surpass its population from 2005 to 2023. While the city’s population increased by 18% during this time, it had a 20% increase in housing units per capita, according to the report.
With this, the report found that Jersey City had significant growth across all housing types. This included a 52% increase in single-family homes; a 95% increase in multifamily units; and a 17% increase in middle housing, which consists of duplexes, triplexes and townhomes.
Fiiiirst
Growing up, Henderson Street was a graveyard of abandon factories and rail yards. In fact, we used to party on the piers anywhere from Caven Point up to Edgewater (and up to the GW Bridge really). It was my playground. Well, Manhattan too but that’s another story. lol. Anyway, downtown Jersey City along the water, Green Street, Exchange Place, along Henderson was there for the taking. I wondered for years why the Manhattan skyline towered over us and 15 miles on our side had nothing. And then the 80s arrived and the rest is history. My family was “thisclose” to buying a block of brownstones downtown JC @ $15,000 a piece. We ultimately didn’t. By the way, Journal Square was for the taking too and then that emerged. When does JC surpass Newark in population? Or are we there already?
Imagine driving along River Road in North Bergen/Edgewater and the only thing there was the Palisades Hospital. THAT WAS IT. The rest was dotted with various nothings.
Now, when Trump wants to roll military tanks on the street, Hegseth will just comply… because his balls are in the boss’s hand.
Tariffs will make shoe production pricier. Who will bear the cost?
The husband, who else?
Hehe
Here’s the simple problem with tariffs. If say the price of imports has a 25% tariff on it, then the domestic manufacturers of the same product will simply raise their prices by 25% because they can. Remember the inflation on products that were limited during Covid? What made those prices go up? Greedy manufacturers. And it’s a coming.
In other news, why is Trump hellbent on removing birthright citizens. Are they the criminals and rapists too.
Feeling great yet?
Gary, I lived in downtown JC from 94 till 99. It had already significantly gentrified, but there was plenty of the old still around. We played roller hockey almost every weekend down on Green Street. I remember all of the abandoned piers which are now filled with behemoth commercial and residential structures. Man, do I miss those days.
Libturd,
The Flamingo Restaurant and one tavern was the only thing down round Exchange Place in the late 70s. We had a boat at Green Street from the late 70s to the mid 80s. It was squatter’s rights… five dollars per year to build a shack there and you had to “know” somebody. Sometimes the tide got so low that the boats would sit in the mud. It was Polish and Italian guys. Who knows what the “connection” was there but I certainly wasn’t going to ask.
Lib
Domestic steel pipe producers raised their prices on Monday. Probably a coincidence.
Green Street in the 70s… I remember that ramp. Our boat was down that ramp and forward, facing west. It’s not in the picture.
https://tinyurl.com/46hx53m5
$2 prescription drugs and $35 cap on insulin scrapped for Medicare recipients.
I heard there are a lot of angry people calling their medicare assistants. The same people who voted the guy.
You get what you voted for.
190 million Americans medical records hacked. Biggest healthcare security breach ever, almost twice more than originally disclosed by United Healthcare
https://techcrunch.com/2025/01/24/unitedhealth-confirms-190-million-americans-affected-by-change-healthcare-data-breach/
The CEO of the company needs to be sho… oh, nvm.
Take a ride down Coles St to where the old Hoboken Motorcycle Club is today. That wasteland has filled up quite a bit.
https://www.google.com/maps/place/Hoboken+Motorcycle+Club/@40.7359128,-74.0459864,3a,75y,225h,77.77t/data=!3m7!1e1!3m5!1sIg4bxy_8AgppXKX1BP5a-A!2e0!6shttps:%2F%2Fstreetviewpixels-pa.googleapis.com%2Fv1%2Fthumbnail%3Fcb_client%3Dmaps_sv.tactile%26w%3D900%26h%3D600%26pitch%3D12.228015166832407%26panoid%3DIg4bxy_8AgppXKX1BP5a-A%26yaw%3D225.00443733736904!7i16384!8i8192!4m18!1m8!3m7!1s0x89c250ac286789fb:0x1d15ed70bbb43057!2sGreene+St,+Jersey+City,+NJ!3b1!8m2!3d40.716971!4d-74.0356619!16s%2Fg%2F1tg51b87!3m8!1s0x89c25745eaab57b7:0x84b93201f3e76967!8m2!3d40.7363889!4d-74.0461111!10e5!14m1!1BCgIgARICCAI!16s%2Fg%2F1vcq8hpq?entry=ttu&g_ep=EgoyMDI1MDEyMi4wIKXMDSoASAFQAw%3D%3D
Rent – enough with the Theatrics…it’s excessive. There isn’t a single US Army tank in New Jersey. Most they can muster up is a couple of Humvees and water trucks.
Check my last post about it.
Also note they just shipped out our NJ National Guard the 44th IBCT. That is 1,500 soldiers back into the sand in IRAQ again… Operation Inherent Resolve we are going to wipe ISIS out. This time we swear it on your kids lives too.
Here are the pics…
https://www.flickr.com/photos/njnationalguard/albums/72177720314048517/
This was not Trumps doing either they shipped out just a few weeks ago.
So Juice, you are saying you have no problem with Hegseth is a candidate for Sec of Defense? That he will do his job – as a US servant, and not a President’s puppet? The guy who even Turtle Mitch did not vote for?
Just doing the darnest thing and saying “chill.. nothing’s going to happen” or “enough with theatrics” is plain dumb. Did you even watch the theatre play out in congress?
I am just relaying inconvenient facts and their implication.
Are you saying he is a worse choice than say former Sec of Defense Dick Cheney? Y0u know the first gulf war back in 1990? How about Rumsfeld? You know 9/11, Afghanistan and our second war with Iraq?
Hegseth is a Princeton and Harvard grad from Minnesota and a war veteran.
By the way the Sec of Defense serves the president so get it right. He does not answer to you, none of them have ever been US servants….they are there to manage the military and advice the president.
Lets hope he and Trump don’t start sending more of our kids back into the sand. Obama, and Biden did not do us any favors over the last few years. The middle east is a mess again.
The first gulf war was legit. People around the world supported America back then. I still remember a story of someone I knew (a few degrees apart) escaping in the desert when Saddam invaded Kuwait.. and thinking of America as a savior. We come a long way.
So, our logic is to compare the current hires with the worst of the worst and pat ourselves on the back for electing this megalomaniac as potus.
I think there is mis information on the $35 Insulin:
“Key Biden initiatives, like the $35 insulin cap and Medicare drug price negotiations, remain unaffected.”
https://www.ajmc.com/view/trump-reverses-some-biden-drug-pricing-initiatives-potentially-impacting-medicare-costs
Jan. 6 Defendant Rearrested 2 Days After Trump Pardon
Ball was arrested on charges of illegally possessing a gun and ammunition despite previous felony convictions, according to an indictment filed in Florida.
A page attached to the warrant says that Ball, a Florida resident, “is a two-time convicted felon with prior convictions for domestic violence battery by strangulation and resisting law enforcement with violence.”
Bad cop no doughnut.
https://www.cbsnews.com/amp/philadelphia/news/joshua-james-neptune-township-police-nj/
RentL0rd says:
January 25, 2025 at 12:18 pm
The first gulf war was legit.
and the release of the JFK papers are proving how America likes to use false flag operations to get the sheep proletariat on board for their constant wars.
RentL0rd says:
January 25, 2025 at 11:05 am
“You get what you voted for.”
Yup. Thousands of illegal immigrant criminals arrested and/or deported. Freed hostages in the middle east. Help for the hurricane victims that the Dems ignored for months in North Carolina. And that’s just in one week!
Fro Galloway.
SCENE: A top secret communications room in the White House.
TIME: Next week.
NATIONAL SECURITY COMMUNICATIONS OFFICER: Secure satellite phone connection via Starlink established and confirmed. Sir, the next voice you hear will be that of President Putin. Go ahead, please, Moscow.
VLADIMIR PUTIN: Donald?
DONALD TRUMP: Vlad! It’s great, really great to hear from you.
PUTIN: Same here, and may I congratulate you for your total and complete victory. Your digital coin, very interesting development.
TRUMP: Vladimir, nobody’s ever seen anything like it. The most successful coin in history, maybe ever. People are saying it’s tremendous.
PUTIN: We have interest in large purchase. Very large. But Donald, situation with NATO … it complicates things.
TRUMP: Horrible organization, NATO. Horrible. They’re not paying their fair share, never have. These European countries, they’re laughing at us.
PUTIN: If you publicly question Article 5, perhaps we discuss bigger coin purchase. Much bigger.
TRUMP: The biggest. And you know what? NATO’s obsolete. Always has been. We’re looking at all our options, and people are going to be very happy with what we do. Very happy.
PUTIN: Good, Donald. We start with 50 million in coins. Maybe more after NATO statement.
TRUMP: Beautiful. Just beautiful. You’re going to love these coins. Everyone loves these coins.
You have to give it to the president, this is 3D grandmaster chess corruption vs. the checkers corruption Democrats have been playing.
More Speculation: A Call That Could Have Happened
SCENE: Phone conversation at 1236 Longworth H.O.B., the office of Speaker of the House Emerita Nancy Pelosi
TIME: Last week.
NANCY PELOSI: Paul, that firm you mentioned last week — the health-care AI one — what was the name?
PAUL PELOSI: There’s a few. The one that’s received the most press is Tempus AI.
NANCY: I was in a Medicare briefing today, and they are planning on pouring substantial resources into AI-driven diagnostics and care management. I believe Tempus was on their list.
PAUL: Understood. I’m on it.
It was disclosed on Tuesday, January 21, that Representative Pelosi, and/or related parties, had purchased between $50k and $100k of call options on Tempus AI, Inc. (TEM). That day, the stock registered the biggest one-day gain in its history, surging 35%.
These are each their own flavor of corruption. I respect the Trump grift more than the plain vanilla trading on material nonpublic information. It’s more creative, and if you’re going to abuse the public trust, you should do it for billions vs. millions.
For Sale
America has just put out a “for sale” sign, and every corrupt government and company around the world has taken notice.
Instead of Russia offering Trump cash for abandoning Ukraine, it might be one side in Sudan’s civil war, which, though you don’t hear about it much here in the U.S., is the bloodiest ongoing conflict in the world.
Or maybe one of the makers of Red Dye No. 3, recently banned for use in food by the FDA after it was found that high exposures caused cancer in rats, will offer to put some money into $TRUMP if the president finds his veto pen.
During his first term, Trump owned a hotel in D.C. that was patronized by rich people, governments, and businesses who wanted something from the federal government. $TRUMP coin is more elegant: a vehicle that gives parties a discreet, easy way to pay off the president of the U.S. Think of the coin as a price discovery tool for bribery, a mixture of eBay and PayPal for corruption.
$TRUMP and $MELANIA are such obvious grifts, they embarrass one of the most shameless communities in our economy: the crypto bros who backed his candidacy. CNBC host Ran Neuner accused the presidential family of “grifting at the expense of the entire crypto community.” It’s likely that, as the grift dust settles into a Category 5 hurricane of indefensible losses (e.g., $MELANIA shed two thirds of its value in five days), Congress will be less amenable to the legislation the community has been advocating for. Just as my generation has pulled future generations’ prosperity forward for our benefit, via deficit spending, Trump is borrowing massively against the increasing credibility of the asset class to enrich himself and light the sector on fire.
Citizens (Dis-)United
We shouldn’t be surprised. The U.S. has been on this road since the Supreme Court’s 2010 decision in Citizens United, which took limits off campaign spending by corporations and other groups. The court held that existing restrictions violated the First Amendment, equating the ability to spend money on campaigns with the right to free speech. The result has been a deluge of corporate cash into our elections. Any small inhibitions or shame politicians may have felt about selling themselves to the highest bidder disappeared. Trump is doing loudly what other politicians do quietly. Now that he’s been reelected he’s not even pretending. The Washington Post claims that “democracy dies in darkness.” Maybe. What’s more apparent is that capitalism (competition, rule of fair play, trust in markets) dies in the full light of day. As Dylan sang, “Money doesn’t talk, it swears.” Right now, it’s telling the American public to go fuck itself.
Tik Tik Tik (Tok)
Last year, Trump decided to ignore the real national security concerns that had been voiced about the app. TikTok became politically useful to him, and Jeffrey Yass, one of the largest shareholders of its Chinese parent company ByteDance, gave $100m to GOP groups.
TikTok now has about 2 billion global users and about 170 million in the U.S. ByteDance is required by law to turn user data over to China’s Ministry of State Security on demand. According to Pew Research, about 40% of young Americans now get their news from TikTok. The app is a neural jack connecting Beijing with the wet matter of America’s youth. A 14-year-old American spends approximately 14 hours a week on the platform. Think about this: a full day every week on a platform influenced by the CCP. Would we have let the Kremlin own CBS/ABC/NBC in the sixties?
When Trump’s efforts to make ByteDance sell during his first term failed, he signed an executive order banning TikTok, which was later overturned in court — he needed a law. Last year, then, Congress debated and overwhelmingly approved, and President Biden signed, the “Protecting Americans from Foreign Adversary Controlled Applications Act,” which gave ByteDance until January 19 of this year to sell to a non-Chinese buyer. ByteDance fought the law in court and lost. On January 17, the Supreme Court ruled 9-0 that the law was constitutional.
Then January 19 came, and TikTok shut down in the U.S. — for a few hours. TikTok returned from the dead almost immediately, as ardent TikTokers, with the aid and encouragement of ByteDance, posted and protested that a ban would deprive them of their free speech rights and/or their livelihoods. This is ground zero for why we should ban it. A social media app used by half of Americans and controlled by an aggressive foreign rival just confirmed it can spin up millions of citizens, particularly young people, to influence important government policy. TikTok (i.e., the CCP) will do this again. If China invades Taiwan, TikTok is the propaganda tool Radio America never dreamed of. It’s much easier to fool Americans than to convince them they’ve been fooled.
Blink
On his first day back in office, Trump signed an executive order delaying the ban for 75 days, saying he wanted to engineer a deal that would give the U.S. half-ownership of the app. “If I don’t do the deal it’s worth nothing,” he said. “If I do the deal it’s worth a trillion dollars.”
This is not a new concept — there’s even a word for it: socialism. Socialism is when the state controls the means of production. America has proven, in spades, that the full body contact of competition creates more economic growth than the government cosplaying a business. Whether it’s the U.K. investing in DeLorean or Obama propping up Solyndra, it usually doesn’t end well.
Unserious
One of my favorite moments in Succession was when Logan Roy told his children: “You are not serious people.” He knew his kids were expectant and lacked the real-world skills and backbone to make good on their threats. We risk our allies, adversaries, and trade partners sensing that we, too … are not a serious people.
Part2
Better Seats
I’m not entirely sure how we got here, but I think it has something to do with the way money and business success have become so venerated in our culture. More money used to mean a better meal on a plane; now it’s a (much) better life. Just as we always find uses for additional bandwidth and energy, our consumer economy never runs out of incentives to amass more money.
I’m taking my son on the Eurostar (which has three ticket classes) to see a Paris Saint-Germain F.C. game where there are the seats we bought (£220), plus 11 higher categories, including ones with access to an indoor restaurant, heated seats, and a player meet & greet before the game (that’s £3,500). My first (real) date, with Maureen Burke, was in the 11th grade. I took her to see Springsteen at the Great Western Forum. Nosebleed seats were $12, and seats in the front 5 rows on the floor were $48. We sat in the $12 seats. i) I had no money; and ii) I thought it was super cool — “look how high up we are!”
More recently, for Taylor Swift’s Eras Tour at SoFi Stadium in Los Angeles, the “It’s Been a Long Time Coming” VIP Package would set you back $899. However, it did include a VIP parking pass, merchandise, and a dedicated entrance. For perspective, on an inflation-adjusted basis, premium tickets to Swift cost 5x what Springsteen did 42 years ago. This is all to say that not only is our government increasingly corrupt, but also: Being a teen in 1982 was … better. But that’s another post.
Whores
The most disappointing thing about our elected officials is not that they’re whores, but what cheap whores they are. For his $250m investment in Trump, the wealthiest man in the world was able to increase his purse by $140b (56,000% ROI). The increase in wealth had nothing to do with the performance of his businesses, but the market’s belief that we are now in a kleptocracy and the distinction between winners and losers is no longer about innovation but proximity to power. The polar vortex of corruption is here, as greater incentives, fewer guardrails, and the sense that character is no longer valued in America have cast a chill across capitalism.
Money has not washed over just our government, but also what has traditionally been a powerful check on corruption, the media. ABC’s Bob Iger sold out and settled rather than fight a lawsuit Trump brought over George Stephanopoulos’s on-air remark that Trump had been “found liable for rape,” a suit that looked very winnable for ABC. Jesus, Bob, really? FYI, the judge in the case also used the R word.
Many are now afraid of confronting Trump and First Lady Elonia, not because they think they might wrong them, but because they are worried about the aggravation and expense of being sued. In the end, the media and the citizenry are making a money choice when what is called for is a moral choice. (See above: Bob Iger.) For people who are not economically secure, it’s upsetting but understandable. For Bob Iger, it’s shareholder value colliding with cowardice. Last year the Disney CEO made $41m. But I’d argue he is increasingly impoverished.
The latest race to the bottom is blanket pardons. After Biden preemptively pardoned his family, Trump granted “a full, complete, and unconditional pardon” to all January 6 defendants, including Enrique Tarrio, the former national leader of the Proud Boys, who was convicted and sentenced to 22 years in prison for seditious conspiracy, and Julian Khater, who pleaded guilty to pepper-spraying Capitol Police officer Brian Sicknick in the face. Sicknick suffered several strokes and died the day after the attack.
Hell of a swamp draining. Duped. And now watch as all of those who voted for him get screwed by inflation, job losses and higher health care costs. On the bright side, immigrant crime, which affected .00001% of you will be cut in half. You will have gone from it being completely unlikely to affect you to even more completely unlikely.
Isn’t great?
Housing is news…
Sales of existing homes in the US fell last year to the lowest level in almost three decades, as sky-high home prices and elevated mortgage rates squeezed home buyers.
Sales of previously owned homes, which make up the vast majority of the market, totaled 4.06 million in 2024, the National Association of Realtors said Friday. That’s the lowest level since 1995 and slightly below 2023’s similarly anemic levels.
https://www.cnn.com/2025/01/24/economy/us-home-sales-worst-year-in-three-decades/index.html
KleptocracyNow KleptocracyForever,
Trolling and/or satire is an art. I read through a couple of times and it’s disjointed. It reads like it’s reaching too much and trying too hard. It should flow, adding layers effortlessly. It was a struggle to follow and was getting more and more bogged down as I read both parts. The more you tried to make the point, the more confusing it became. I get what you (or the writer) was trying to do but it really didn’t work effectively.
Trumps putting a casino next to the Malibu Pier.
Film at 11
Sometimes, I may sound more grim than Grim himself. But here’s something positive to report:
Heat pumps are selling more than gas furnaces.
https://cleantechnica.com/2025/01/24/heat-pumps-outselling-gas-furnaces-in-america/
Lived in Jersey City in the late 80’s and commuted to NYC. Across the street were the drug sales with the omnipresent shoes tied and hung over the street light poles. Once when walking home late from work I had to scurry to the other side of the street as a drunk waved a gun in the air outside a bar. The apartment’s management office was a shack down by the river. It burned down with the monthly rent checks and records. Never did have to pay that month’s rent. Those were the days.
What say you?
https://www.yahoo.com/news/slap-face-paramus-mayor-threatens-093917363.html
Eddie,
The Ghermezians aren’t gonna listen. Laws are meant for the “little people.”
That mayor doesn’t know who he is messing with.
US President Donald Trump has said he wants Egypt and Jordan to take in Palestinians from Gaza. Trump said he had made the request to Jordan’s King Abdullah and planned to ask Egypt’s president on Sunday, too.
https://www.bbc.com/news/articles/c07kpjyzgllo
Which moron would send a flight full of humans without having an agreement from the destination country?
https://www.reuters.com/world/americas/colombias-petro-will-not-allow-us-planes-return-migrants-2025-01-26/
Now tarriffs. Tarriff this. Tarriff that. We sound like a guy selling goods at a turkish bazaar.
Inflation, here we come!
Have you seen the price of coffee and eggs?
I got 2 dozen organic eggs at Costco today for $8.10. Also bought from Amazon bobs red mill egg replacement to use when we bake stuff. The replacement eggs are less than 15 cents each. I thought captain cheapo would approve.
This is definitely an eclectic interior. It’s in one of the most expensive neighborhoods in Dallas.
https://www.estatesales.net/TX/Dallas/75205/4355046
I have to give the Eagles fans props. They never fail to impress. https://x.com/OnPattison/status/1883603307178176897
Rent: The moron that has the lack of diplomatic grace to squash dissenters like bugs.
Not very gentlemanly or diplomatic, but for some reason highly refreshing.
https://nypost.com/2025/01/26/us-news/colombias-president-gustavo-petro-buckles-under-trumps-trade-war-threat-offers-presidential-plane-for-deportation-flights/
My respect for the President Gustavo went up. President Gustavo offered a presidential plane for the immigrants – and have the people returning treated with dignity. And also made sure his country did not get slammed with the tariffs.
You know this means that he actually made sure our colombian coffee is not 50% higher.
He let Trump humiliate him and not have tariffs, because he cared for the people.
I would like to see Trump do that for Americans.
And all the while, the same thing could have been achieved with a simple phone call and planning ahead of time. There was no reason for this drama.. but of course, here we are.
America is run by a drama queen.
Which moron would send a flight full of humans without having an agreement from the destination country?
https://www.reuters.com/world/americas/colombias-petro-will-not-allow-us-planes-return-migrants-2025-01-26/
Now tarriffs. Tarriff this. Tarriff that. We sound like a guy selling goods at a turkish bazaar.
Inflation, here we come!
This will no doubt increase the price of cocaine.
BRT says:
January 26, 2025 at 7:36 pm
This will no doubt increase the price of cocaine.
Don’t worry, the Bidens and other politicians can afford it.
And if you can, the twenty year old hotties are yours for the picking.
Mmm
Taylor ham, cheese, and Bobs Red Mill Egg Replacement sandwich.
Hehe.
Time to eat Canadian Goose Eggs. Or Cadbury.
Rant is officially the dumbest poster ever! If he had even an ounce of self control he would’ve let things play out and not prematurely posted. By the way, did you see the final score: Trump 99 Colombia 0
Plunge Protection Team is working hard this morning
Ten 452
Location, location, location.
6:44 lol @ self control. The irony!
More on Hudson County: My favorite spot to view the Manhattan skyline was always Hamilton Park on Boulevard East in Weehawken on a crystal clear night. Forever Stunning. Boulevard East in general always had an upscale feel to it. Even as teens, racing up and down the avenue, I admired the architecture. If you weave in and out of West New York, Union City, North Bergen, etc., you’ll find magnificent building details.
Gary,
Meant to tell you. We used to late night at the FlamingO all the time. Did you guys call it the Flaming O? We did since thats what the sign made it seem like it’s what it was called. Decent burgers and the hottest cup of burnt diner coffee you would find anywhere. It’s gone. Closed in 2020. Presto’s gone. The Original Pancake House, gone.
I due have to give Trump some credit where it’s due. My BIL who works for Homeland Security and works about ten minutes a day remotely has to return to the office full time. Supervisors were already called back in. Mid level managers next week, and most likely everyone else is coming next. I’m not sure if this will save any money or make them more efficient, but at least they will be watched.
The birthright thing was a big mistake. Then again, Trump never knows when good enough is enough.
I’m with you on Blvd East too. The elevation makes it a much more interesting viewpoint.
Lib,
I have a friend that took a “retirement” job for accounting for the military last year, 95% WFH. He’s telling me he’s just going to quit. He also talked about all his coworkers, unlike in teaching, apparently it’s not frowned upon to take all those sick days you build up. They’ve been calling in “sick” Monday/Friday for 2 years straight. That was his plan 5 years from now. It will lead to a lot of them quitting which should probably be the goal IMO.
SOFI had great earnings. Like really amazing report. It’s does this every time. It also drops 10-20% after every report due to it’s overvalued P/E. Then over the next three months it hits new highs 20% over the prior when people realize it deserved the P/E premium. Rinse and repeat.
Lib,
It wasn’t called the Flaming O in my day. It was just the Flamingo and I forgot the name of the tavern a few blocks away. That was it. Exchange Place was one bank. That was it. Green Street looked like a river village in Cambodia. That was it. Newark Avenue had Peccararo’s… the original! JC had three Italian restaurants that were well-known: Ilventos, Jules and Casa Dante. The Hilltop was another known restaurant. Monteleone’s Bakery was next to Casa Dante and was the best. The latter two were up by five corners. I could go on forever. Hudson County overall was the best kept secret in the universe.
Was at Wayne Hills HS over the weekend for competition. Passed the market on the way in, Corrado’s out of business.
BRT,
Yeah. Not only do they get like 15 holidays off a year, but they never take their huge sick day alottment and then get paid a year or two without working at current peak salary before retiring. Like I said, it’s low hanging fruit that should have been picked long ago. But don’t expect gubmint workers to votr MAGA ever agin.
When I left my last district, I had 100 sick days on the table that I forfeited. At my current district, I believe I have 150 days built up. I take about 4 sick days a year. In my job with my classes, every day you take off, you make your remaining days that much harder.
Only Corrado’s left is the original. I think. It was the only decent one anyway, in Paterson on border of Clifton.
BRT,
It’s like that in the private sector too. The worst part of vacations is returning from them.
NVDA was priced for perfection based on all those chips they were going to sell to a closed AI system.
BRT – Keys for the entire Wayne shopping center went back to the bank. They defaulted on the mortgage. They also closed the Brick location as well for nonpayment of rent.
Bad timing expanding with Covid and Inflation has people choosing the cheapest food options Aldi, Walmart, Costco, BJs etc.
Costco has gone from $280 a share since the beginning of the pandemic to $940 now. I dread going there it’s always packed.
Want to catch a cold or the flu? Go to Costco on late Saturday mornings. Wall to wall muppets coughing and sneezing.
Ask any immigrant how much sick or just regular leave they take, and ask the same for a trump supporting white guy/ gal.
I thought you went to FlamingMo’s for hot dogs?
Libturd says:
January 27, 2025 at 9:16 am
Gary,
Meant to tell you. We used to late night at the FlamingO all the time. Did you guys call it the Flaming O? We did since thats what the sign made it seem like it’s what it was called. Decent burgers and the hottest cup of burnt diner coffee you would find anywhere. It’s gone. Closed in 2020. Presto’s gone. The Original Pancake House, gone.
Ask any immigrant how much sick or just regular leave they take, and ask the same for a trump supporting white guy/ gal.
Not much. A smattering of vacation days here and there. Rarely a sick day. I’ve been working since I was 15 so unless I was dying, I just showed up. I always thought I had an obligation; whether it was sweeping floors, loading trucks, washing pots, mixing cement or later on in tech roles.
Eh? Deepseek?
What has happened here is the Chinese stole other people’s work and then also lied about their costs and people bought it hook line and sinker. You cannot replicate what they did with only a $5.6 million dollar budget.
They distilled OpenAI’s 4.0, Anthropics Sonnet as well as LLama..They stole it folks via distillation to train their LLM.
What will change however is who the winners are. In this case for inference processing, it will be Microsoft and Apple. With some open source innovation, you can run it on cheaper hardware. This was always the case, one I made last year when I mentioned AMDs plans.
Everyone running LM Suite or LLAMA.cpp on their home computer knows this already, but that does not mean you will be folding proteins or sequencing DNA on your laptop or home rig anytime soon.
The case for a 2 million GPU supercomputer pulling 5 gigawatts of power still exists. It will still be built the hardware buildouts will continue.
All hail the AI…
I’m glad I have Natural Intelligence.
Which reminds me. I taught my kid to say, “It’s natural!” whenever he cuts the cheese. It’s the funniest thing.
Just to be clear here people with money to burn like Zuckerberg aren’t lowering their Capex spending. Meta says $65B this year alone for AI hardware buildout. 2GW data center using some 1.3 million Nvidia GPUs as part of the plan. Microsoft is allocating $80 billion for data centers in fiscal 2025, Amazon expects to exceed $75 billion in spending for the same year. There is also the Stargate Oracle/OpenAI AI data center buildout.
Estimates are still somewhere around $200 Billion for the hardware.
Lets see if there is some kind of pivot in the coming days due to mostly market jitters.
Speaking of money, I see that Trump secured $1.1 trillion in foreign investments in just three days on the job. He should have done it on day one. Epic fail.
Seems to me that we just gave a bunch of people a 4 year all inclusive paid vacation at a hotel in your choice city.
Embrace a meat stick today! Lol.
https://www.yahoo.com/finance/news/america-3-billion-habit-meat-103000416.html
He says he did. Let me know when it shows up. Should change your name to Mark.
Nas down 3.5. Hope you have more in your account than NVIDIA and the other semis.
Timmmmber nasdaq
In other words LA got light rain all weekend.
re: “LA got light rain all weekend.”
That means mudslides are next.
11:16 and 11:26 go together.
Trump is getting millions (from future generations), giving it to the tech moguls, who are funneling billions (from your 401k) into the new shiny thing – at the expense of more urgent/ useful projects.
Heck, Zuck spent $50Billion on eye glasses that nobody wears.
If you look at Ellison’s speech on AI and the $500Billion investment- it has all the vibe of “The Dropout”. Same exact concept as Theranos.
And DeepSeek is able to do the same as OpenAI at a fraction of the cost and America’s Sputnik moment.
And meanwhile we are distracted by the 100 immigrants who were chained, photographed profusely and shoved into a military aircraft to be and shipped to a foreign destination – also from our taxes
Yup. Hope the rain isn’t too heavy this year.
Rent – It’s ok when the Democrats chain the migrants right?
https://www.telegraph.co.uk/us/news/2023/10/19/joe-biden-deport-venezuela-migrants-maduro-deal-immigration/
Don’t be such a fool..
Juice,
You are missing the point. Deportations do happen- but we dont have to beat our chests about it and instead acknowledge the sadness of it all. And in the past we have not used military aircrafts for this purpose.
Do you see the difference?
Compounds, lead, toxic goo leeching into the waterways and soil when the rains come to southern CA. They should have been clearing the underlying vegetation and enhancing their water access facilities.
Nas down 3.5. Hope you have more in your account than NVIDIA and the other semis.
People have short memories. It wasn’t long ago that NVDA dropped almost 70% from it’s highs.
If you believe this information in earnest, then you need to back the truck up and buy some shit. You are getting a freebie.
Juice Box says:
January 27, 2025 at 10:57 am
Eh? Deepseek?
What has happened here is the Chinese stole other people’s work and then also lied about their costs and people bought it hook line and sinker. You cannot replicate what they did with only a $5.6 million dollar budget.
Wouldn’t have mattered. With 100 mph winds, you are screwed in any large fire. There will always be forest fires and there will never be enough water nearby to fight them. I mean, you could build moats around every home and install sprinkler systems and anti-inflammatory foam dispensers and build giant paved fire breaks and install giant windmills to blow the air the other way. But it’s cost prohibitive and probably wouln’t work.
Heck, there is a company that developed simple parachute systems that could gently lower a 747 to the ground in the case of mechanical failure. But it is cheaper to pay out the families on the one-off crash than it is to equip every commercial flight with such a safety system.
I mean, why didn’t DeSantis build HUGE sea walls to block all of those recent storm surges from all of those hurricanes?
Politicising natural disasters is really stupid.
How about, DRILL DRILL DRILL, until hurricanes make it up to the tri-state area reguarly?
Chicago- I don’t need to believe it. Just understand this they most likely violated intellectual property rights. Nobody is going to use it our of fear of getting sued.
One of the biggest barriers in the west is just that, we for the most part respect property rights and contracts and if there is an issue we go and settle it in court or otherwise. Many companies for example will only use Microsoft or Amazon for AI because they will indemnify them when it comes to these types of lawsuits.
Go ahead build your business on Deepseek or any of the other hundreds of Chinese AI models and see what happens.
Told you about DeepSeek last week and correction it brought.
They announced another model on image, killer openAI-o4 stuff. The public models can be used, so your data is not gonna back to China. They will give many ideas to US companies, startups and flourish software companies etc. Look UBER today, easier cheaper AI integration. Or TEAM, stock up as more people will subscribe.
Socialist China has many competition internally BYD, NIO etc. Capitalist US gives all green credit to Elon to foster his company. NASA grants everything to SpaceX, PLTR so on. StarGate is an abomination to Capitalist Economy.
Have you looked into resumes from OpenAI. They were 50% Chinese, so the claim of they stole etc is unfounded. The entire industry is 3-5 years old, and many things are out there in public. Most stuff was invented at IBM/META/Google and they published many papers including “Attention is all you need”. It ain’t rocket science.
I see your point Rent. There was no beverages served and no movie on the flight. Look dude ICE AIR is way worse than a military flight. Chartered aircraft with minimum wage private security. Oh wait the aircraft isn’t painted green!!!
Juice, you could be Tom Hanks in the movie Terminal.
A light rain kind of mitigated what was very risky. Also, apparently our potential new insurer won’t write a policy while an active fire is in place. Or some such rule. we were just dropped and already well down the road with a new group, but holy crap, that’s just no way to live. LOL
Go Birds!
I mean the officer, Frank Dixon in that movie.. not Hanks of course.
Army has warned new orders are coming as much as 10,000 soldiers to the border to reinforce the Border Patrol.
No Abrams Tanks but Army Stryker eight-wheeled armored vehicles may be headed to the US Border. Good new is they have air conditioning .
And no transgendered troops. I guess Trump didn’t want them defecting and running into Mexico. Better yet, maybe he was afraid there would be too many dishonorable discharges. Don’t forget to pick up some merch on your way out and tip your servers. No tax on those tips, it’s not like anyone ever declares tips anyway.
Are we great yet?
I’m not quite feeling it yet.
Feels like someone (several) is blowing up….. good for the health of the market……
LAX says:
January 27, 2025 at 1:38 pm
“our potential new insurer won’t write a policy while an active fire is in place…we were just dropped…”
Meanwhile, in FL our homeowner association insurance cost dropped, leading to an overall reduction in our 2025 association fee. And the initial success in drawing private insurers/reinsurers back to the state has led to a reduction in the number of households insured by the state-backed insurer.
3:26 We’ll save big money by moving away from Farmers….thousands a year. I’m happy with the outcome.
With troops already on the streets, how long before a false flag national incident requires Habeas Corpus suspended?
Juice Box says:
January 27, 2025 at 2:30 pm
Army has warned new orders are coming as much as 10,000 soldiers to the border to reinforce the Border Patrol.
No Abrams Tanks but Army Stryker eight-wheeled armored vehicles may be headed to the US Border. Good new is they have air conditioning .
Proud Boys and Oath Keepers already planning next steps
Trump Justice Department fires officials who investigated Trump and launches ‘special project’ into January 6 cases
Never thought America would go fascist.
Musk Says Germany Has ‘Too Much of a Focus on Past Guilt’
His comments to the hard-right Alternative for Germany party escalated efforts by the billionaire to influence the country’s election for chancellor next month.
By Jim Tankersley and Christopher F. Schuetze
Reporting from Berlin
Jan. 27, 2025
Updated 1:26 p.m. ET
Elon Musk told a gathering of the hard-right Alternative for Germany party this weekend that the country has “too much of a focus on past guilt,” an apparent effort to wipe away the long shadow of the Nazis that has influenced generations of Germans to quarantine extreme political parties from public life.
“When Fascism comes to America, it will be wrapped in the flag and carrying a cross”
I don’t care what your politics are, it is completely inappropriate to make fun of Stacy Abrams’ weight.
Juice Box says:
January 27, 2025 at 2:30 pm
No Abrams Tanks but Army Stryker eight-wheeled armored vehicles may be headed to the US Border.
5:06
I thought it came as a bloated orange
But it is cheaper to pay out the families on the one-off crash than it is to equip every commercial flight with such a safety system.”
I have been screaming this for years. This is the flaw of the American Corporate system. Every board is charged with “Shareholder Value”, you cannot do the “Right Thing” unless it is in defense of the brand.
So the Actuaries of BP determine the risk of failure of something like Deep Water Horizon in the Gulf and its associated clean up costs, is less than potential profits to be made so we Drill Baby Drill.
“If you believe this information in earnest, then you need to back the truck up and buy some shit. You are getting a freebie.”
Holy Crap, I’m agreeing with Chi. Tomorrow, I am backing the truck up into VST, QUBT, AVGO and maybe some AMD for long term holds.
I have enough Nvidia. I talked my boss off a cliff. He has Nvida at 110 and wants to sell.
Juice, I’m with you on most of this. Openseek are pulling a few moves that are unique.
First is that they are dropping their Vector Database from 32bit down to 8Bit. They are saying you don’t need that level of Granularity to determine if its a cat or a dog.
When it comes to tokens its not one token per word, but one token to phrase. So they can focus the system to a more tailored system. It doesn’t need ChatGPT to answer every question, but Chat Lawyer and Chat Med to answer every tailored question. This is where they are getting the big savings
BTW anyone want to start an AI Startup?
“New orders are coming as much as 10,000 soldiers to the border”
Is this the Guard or the Army as there is a VERY big difference? If the states did not request it, Donnie has to invoke the Insurrection Act to do it.