From NJ1015:
New Jersey’s film industry revival is changing the real estate game
With all three film studio partners in place — Lionsgate, Netflix and Paramount — and three separate production facilities being built, New Jersey has cemented its return to film-making roots.
For West Coast-based actors or celebrities weary of commuting from New York, there are a number of New Jersey towns that make for ideal digs, depending on which location they want to be near.
As for the Paramount anchored 1888 Studios in Bayonne – Jersey City has become quite the hotspot for those able to afford new luxury housing.
Billions of dollars have been pumped into luxury waterfront housing in sections of Jersey City, where median incomes now range above $200,000, according to CREA United.
The same analysis showed that in the past decade the number of Jersey City renter-occupied units grew from 64,905 to 94,113, while owner-occupied units rose from 28,744 to 35,907.
…
Another New Jersey town that has built a pristine reputation for itself among wealthy, arts-loving residents is Montclair, adopted home of late night host Stephen Colbert.
It was also the town where short-lived Jets quarterback Aaron Rodgers bought a $9.5 million house (he’s since moved on to Pittsburgh).
The town is not far north of the Lionsgate studio being built in Newark.
Montclair offers over 100 sprawling, gorgeous homes for sale, as of this month — like a 10 bedroom, 12.5 bathroom “sanctuary of refinement” listed for $5.6 million with Sotheby’s.
…
There are already two Jersey Shore communities with enough buzz and an arts scene, realtor.com has pointed out.
Asbury Park and Long Branch have both been seeing ocean-front gentrification over the past number of years.
Both oceanfront communities have built-in nightlife, with fabulous dining options and beautiful views, as well as a vibrant arts and cultural scene.
In Asbury, the luxury high-rise Lido has a 4 bedroom, 3.5 bathroom unit with a “private balcony and northeast exposure” listed for $4.66 million.
In Long Branch, the Atlantic Club luxury condo complex is being finished — with a 4 bedroom, 4.5 bathroom unit listed for $5.5 million.
Also in the Atlantic Club, a 1 bedroom, 2 bathroom unit is listed at $1.1 million.
Celebrities with young families might want to take a cue from Jon Stewart, Bruce Springsteen and at one-time, Queen Latifah, and look into Colts Neck.
Friskies
Frist
Uff!
Not sure if I‘m 3rd or 4th now.
Ten 404
Vigoda < Nimmo as a Met
Another New Jersey town that has built a pristine reputation for itself among wealthy, arts-loving residents is Montclair…
If taxes are your problem, Montclair is not your town. You have the artsy muppets with their 6bd/4bth dwellings in the “Upper” portion of town while claiming diversity as the lesser muppets toil in the “South”. Those in the south are like pets for the progressive bunch. They care, as long as the other muppets stay south and east of Bloomfield and Harrison Avenues.
Gigachad,
For not being able to snatch first on European time you are definitely always last.
Boomer Remover,
I‘m usually pretty busy around noon time, so it is hit and miss to be number one. Actually with this terrible weather we‘re having right now I‘d like to go someplace warm for a couple of weeks.
Speaking of the New LA..Netflix Studios @ Ft Monmoth has negotiated with the towns in Monmouth County to reduce their taxes. State gave them about $400 million in tax credits so far. Now the local towns are doing a similar move under the Pilot program (Payment in Lieu of Taxes).
Eatontown just approved a lump sum PILOT of $47 million from Netflix 30 year deal reducing future tax payments.
Fighting over what to spend the money on has already started. Can only be used on infrastructure.
None of this money will go to the School district…They get no ratable out of this for the length of the agreements, usually 30 years.
https://newjersey.news12.com/eatontown-officials-at-odds-over-who-decides-how-to-spend-47-million-from-netflix
Oceanport is working on a deal as well another 30 years agreement for $65 million.
These major studios in NJ are the real deal.
https://www.costar.com/article/678472889/hollywood-east-paramount-becomes-third-major-studio-drawn-to-new-jersey
Hard to believe!
I love it…0$ to the school, 47 million to construction firms that pretend to fix things
Release the Epsteen Chronicles!
Bayonne is such a shole superfund.
And speaking of sholes, here’s one in Cloister for $750K. Looks like Bobby was living in nannas house. Nice gym downstairs, truck with plow out back for extra cash. I can see it now.
https://www.zillow.com/homedetails/181-West-St-Closter-NJ-07624/37865273_zpid/
A realtor posted a picture of the listing on a community FB group – like took a picture of a printed page – and described this as the most gorgeous house ever. I responded with this Zillow link asking her if this is the same house.
“….We put our feet up, we took things for granted,” opined California Gov. Gavin Newsom on July 2, as he signed into law a doubling of the state’s tax incentives for film and TV projects from $330 million to $750 million annually. Now the impact of the move is starting to come into focus: California saw a 10 percent increase year-over-year in shoots in the third quarter, per a report from industry tracker ProdPro shared with The Hollywood Reporter.
Before the state’s advocates congratulate themselves on stemming the filming exodus, it’s worth underscoring that most of California’s biggest competitors saw upticks too. And California’s production spend in the third quarter actually fell 10 percent year-over-year to $1.5 billion, which ProdPro attributes to more indie films shooting in the state as opposed to big-budget titles, which usually employ more crewmembers.
Boomer,
$150,000 down and $5,000 a month and it’s all yours. Hurry, that charmer won’t last! Seller is motivated! Make an offer! Don’t insult the seller, though. Do I sound like a house tour guide? Disclaimer: the beer and leafy green boiled aroma scent is not the responsibility of the seller to remove, nor is the urine aroma sprinkled on top. We love our Sparky and he can pee wherever he wants, despite him being close to 22 years old.
BRt – re: “I love it…0$ to the school”
Yes, Eatontown’s priority seems to be a new Borough Hall.
Luckily New Jersey did not magically reduce the money it gives the town by $10 million a year.
k-8
Total Students: 1,010
Economically Disadvantaged: 42.9%
Students with Disabilities: 20.9%
Multilingual Learners: 10.2%
However, all the new housing units going up? Might need to build a new school? 1000 going up new luxury apartments alone at Kirschner’s Monmouth Mall and another 150 low income.
He said that? He just torched his Prez run. His entire life is taking things for granted.
Ex says:
November 24, 2025 at 11:35 am
“….We put our feet up, we took things for granted,” opined California Gov. Gavin Newsom
BRT – In addition to the Mall.. On the old base so far. 275 new residential units (32 detached single-family houses, 188 for-sale townhouses, and 55 affordable rental units, and another parcel of 62 affordable housing units…My assumption so far is a pilots..
That school system is going to grow fast.. They might have to beg the state to build them new schools.
Chicago only had 28 shootings over the last two days. It was a mostly peaceful weekend of violence.
Eatontown should have integrated their town hall into Jared’s crypt.
I think they should place one of the Jared Jewelers signs above one of the storefronts, but when you walk in the only thing in there is an easel with a huge photograph of Kushner
Same issue in Colts Neck.
Juice Bxo says:
November 24, 2025 at 11:38 am
BRt – re: “I love it…0$ to the school”
Yes, Eatontown’s priority seems to be a new Borough Hall.
Luckily New Jersey did not magically reduce the money it gives the town by $10 million a year.
k-8
Total Students: 1,010
Economically Disadvantaged: 42.9%
Students with Disabilities: 20.9%
Multilingual Learners: 10.2%
However, all the new housing units going up? Might need to build a new school? 1000 going up new luxury apartments alone at Kirschner’s Monmouth Mall and another 150 low income.
New units. Not the demographics of the census. Sorry
Eatontown doesn’t have a grand Greek Revival style Borough Hall. We need to spend 47 million on building that.
https://tinyurl.com/2fe6ap8f
11:53 Trump claims Chicago is ‘world’s most dangerous city’. The four most violent ones are all in RED States:
Jackson,
Birmingham,
St Louis
Memphis
had the highest murder rates in 2024 – all are Republican-led states
An analysis of crime trends over the last four years shows two things. First, violent crime rates in America’s big cities have been falling over the last two years, and at an even greater rate over the last six months. The decrease in violence in America is unprecedented.
Second, crime in large cities in the aggregate is lower in states with Democratic leadership. But the president focuses his ire almost exclusively on large blue cities in blue states, sidestepping political conflict with red Republican governors.
Ex – You need to really read the data yourself and stop retweeting garbage.
Right across the Bay from your house……. #2 on the FBI crime reports….Oakland, CA is the second most dangerous city in the United States.
Murder you say?
Still your data is off.
Murders per 100,000
New Orleans
Memphis
St. Louis
Baltimore
Washington, DC
Birmingham
Philadelphia
12:14 Oakland is a tough town. What’s your point Poindexter??
Good job, Murphy!…helped make us into the hollywood of the east. Had to fix all the chit Christie messed up. He knows how to get things done.
“In 2018, Murphy signed a bill that restored tax credits for film and TV producers who set up shop in the Garden State. In 2015, then-Gov. Chris Christie suspended that state’s film-and-TV tax incentive program, prompting TV shows such as “Law & Order: Special Victims Unit” to leave its studio in North Bergen, New Jersey, and shoot in New York City.”
For each City, governance and percent of residents voting Democrat in the most recent mayoral election:
Jackson, Democrat (67% of the vote)
Birmingham, Democrat (75%)
St Louis, Democrat (100%, both candidates Dems)
Memphis, Democrat (92%)
DERPPPPP…..
Good thing you’re only a gym teacher.
12:30 correction: I’m someone who knows you suck cocks. Routinely. Jim
In the last decade, SEC schools saw an increase in attendance of 90% for undergrad students. Football, faith, weather and a more peaceful atmosphere were some of the reasons students are flocking there and away from an atmosphere as cold and angry as the northern “elite” school liberalism they force on people. Forcing assimilation and belief on people is unacceptable. Denouncing faith and championing a communal, progressive lifestyle will always be in the underground minority, despite their penchant for bleating bullhorns and violence in front of the liberal media.
12:47 you should go too. They’d love you down there.
I’ve got degrees from SEC schools. FWIW
In other news, the NJ health insurance fund they created a few years back is bankrupt and in need of a bailout.
In one of his final major acts as governor, Phil Murphy is asking New Jersey to swallow a bitter pill: pay far more for public-sector health insurance or watch the State Health Benefits Program for Local Government collapse altogether.
The program covers nearly 150,000 workers but is mired in debt, drained by exploding premiums and mass municipal exits that have left a smaller, sicker pool behind. Murphy’s proposed fix — a $260 million state bailout paired with sweeping premium hikes and drastically fewer plan choices — is the kind of tough medicine he says “good government” demands.
Read More: Governor Murphy Proposes Controversial Changes To Health Benefits | https://nj1015.com/nj-health-benefits-crisis/?utm_source=tsmclip&utm_medium=referral
Judge throws out Comey and James cases as Trump’s beauty queen prosecutor is humiliated.
A judge tossed out the case against the former FBI director and New York Attorney General because of grand jury errors stemming from ‘prosecutorial misconduct.’
The South Carolina judge threw shade at Donald Trump’s hand-picked attorney Lindsey Halligan, who secured the indictments against Comey and James in her role as interim United States attorney for the Eastern District of Virginia.
Judge Cameron Currie pointed to the fact that Halligan is ‘a former White House aide with no prior prosecutorial experience.’
The judge, who was appointed by then-President Bill Clinton, says that Halligan was illegally appointed and therefore the inducements against Comey and James are moot.
At least we know what to expect from our next Governor. Sounds like the new Gateway Tunnel under the Hudson won’t get finished under this governor either…..It’s all going to be resistance…..resistance… resistance..
“The governor-elect of one of the highest-taxed states in the country wants New Jersey to stop paying federal taxes as long as Donald Trump is the president.
Mikie Sherrill kicked around the idea during her recent appearance on The Weekly Show with Jon Stewart.
The comedian says he wants to see a federal tax strike to resist the Trump administration.”
Juice: Just what NJ needs, Mikey instead of trying to address the really issues NJ has, is going to spend her time doing anti Trump crap. She needs to cut her teeth, so she can gain visibility on the national stage, as a future VP , or even President. I have listened to a few of her interviews, and she has no idea what she is going to do. If anything as the ads during the election said , she will be more of the same only worse.
Sounds like it’s time for you two to move to Alabama….
You’ll love it there!!!!
Juice: New Orleans, Philadelphia, St. Louis, Birmingham, Memphis , Baltimore, East St Louis, are all led anf have been led by Democratic Mayors for decades.
Hahahahahaha
Donald Trump sparks fresh health concerns as he’s spotted dragging leg and limping
Donald Trump appeared unsteady on his feet while spending some time with his grandson over the weekend, as the 79-year-old president was accused of walking like he was ‘drunk’
IMO, he looks like he’s in the opening stages of heart failure
1:43 bullshit, he doesn’t have a heart. Just a tiny mushroom shaped pecker…,
3b – Democrats pandering to their low information voters for social media likes and sound bites for their social media influencers and the late-night talk shows.. I think it was Governor Gavin Newsom who tweeted out that message about crime states etc in his attempts to be some kind of kryponite anti-trump.
BRT – re: “heart failure” – At that age who knows….
The bicuspid valves in Trump’s leg veins are damaged…..those are the one-way flap that make sure the blood only flows towards the heart. He could get surgery for it. I gather he chooses not to.
1:57 when he kicks the bucket they’ll be a huuuuuuge celebration.
Gateway tunnel project needs to stop being used as a political tool. Humans suck. Pathetic.
3b says:
November 24, 2025 at 1:33 pm
Juice: Just what NJ needs, Mikey instead of trying to address the really issues NJ has, is going to spend her time doing anti Trump crap. She needs to cut her teeth, so she can gain visibility on the national stage, as a future VP , or even President. I have listened to a few of her interviews, and she has no idea what she is going to do. If anything as the ads during the election said , she will be more of the same only worse.
Mandami about to pop a 2% tax on NYC Millionaires
Re: Portable Mortgages.
After slashing short term rates, legally can a combination of Kevin Hasset Fed, Pulte HUD and Fannie/Freddy agencies create a “QE Type Vehicle” and operational logistics to quickly issue new mortgages that matches the interest rate of the old mortgage sold?
I’m thinking something like a privatized Fanny Mae guarantees it or Hasset immediately buys the new below market rate 30yr mortgage issued. Lenders make a coin too. What am I missing?
Juice: Yes, that’s what they are doing. And there are of course low information voters on both the Democrat and Republican sides. Sherrill s newly elected, and is she is not talking about effective government for the state, including addressing out of control property taxes, but optics crap like boycotting paying federal taxes. What are the Democrats going to do when Trump is gone?
Newsone is the leading contender at this early stage for the Democratic nomination for President. California faces an 18 billion dollar budget deficit, but yeas lets elect Newsom for President.
Jackson, Mississippi John Horhn Democratic (Elections are officially nonpartisan, but he is a Democrat)
Birmingham, Alabama Randall Woodfin Democratic (Elections are officially nonpartisan, but he is a Democrat)
St. Louis, Missouri Cara Spencer Democratic (Elections are officially nonpartisan, but she is a Democrat)
Memphis, Tennessee Paul Young Democratic (Elections are officially nonpartisan, but he is a Democrat)
Ex says:
November 24, 2025 at 12:01 pm
11:53 Trump claims Chicago is ‘world’s most dangerous city’. The four most violent ones are all in RED States:
Jackson,
Birmingham,
St Louis
Memphis
had the highest murder rates in 2024 – all are Republican-led states
DFascist
A girl I grew up with has finalized her divorce. She has three kids, now grown but was working three jobs while the slouch made excuse after excuse why he couldn’t work. He held multiple jobs, supposedly his “back surgery” carried him through for a time while she basically raised the kids and worked. He refinanced the house twice to pull money from the equity. What a fucking loser. She’s renting a house now in Elmwood Park and is throwing an epic holiday party. Good for her. I remember when she first met him, he was a chef. Hello.
Director ~ 2:39pm.
What you are missing is that there is no appetite what so over by the Global Bond market aka -Bond Vigilantes to finance those ideas which will be full of corruption opportunities entry points for the well connected.
Right now, the bond world is having a reality awareness moment after as JPM Chase’s Jaime Dimon calls “cockroach” appeared in the private credit bond market buffet table. The cute word for the last few years has been private credit. As in a Private Credit Sausage to stuff the horse poo that we can’t get rid off.
There is no fixing housing until speculators get their comeuppance. A corporate bankruptcy is like a lawn sprinkler. All the mal-invested assets are sold to a new wise lucky prudent investor. Look up the what you are seeing daily is the lack of comeuppance for the speculatory excess of 20 yrs ago.
It took Japan over 30 yrs to get over the bail out they did to their banking system in the late 80’s. One of the big advisors that told Japan NOT to bail out their banks was Larry Summers, which went on to bail out the US banks and ruin the next generation just like Japan.
Is obvious that Wall Street rigged Fannie and Freddie to its advantage as presently set up. The only set of solutions is to find a way to take out the middle class housing speculators out of the pictures like Singapore did using rules that property/financing can be sold/bought by only one natural person. Along with kneecapping the real estate investors tax benefits.
BTW – the tax game for the entertainment industry is a loser over long term. Technology has Netflix doing CGI in India and eastern Europe. Gone are the days of a Stage filled with union craftman. Everything is done now in front of screens and the CGI done post production. Outside the TMZ (Thirty Mile Zone) a lot of the work is now contract non union people.
The game in the industry was always to be paid “Gross Points” or pre-deduction of expenses percentages because everyone knew once creative accounting took control there never were any net profits to pay talent or investors. Entertainment industry investors are like oil industry investors (see Landman).
So any towns that makes deals with these studios and they are not getting their money upfront are in for some very rude empty handed awakening.
Fast: I know a few like that, and they still want to be the he man, as in they are the boss, and the wife has to listen to him. Such losers. Good for your friend. I wish her well going forward.
3b: The anger these so-called men suffer from is the lack of self esteem, no control on personal management, the inability to get along with others, finger pointing and constant blame on everything else except themselves. Classic symptoms of bipolar disorder, sounds like to me. Whether it is or not, I bet they have a doctor prescribing medicine as such.
Thanks but i’m still not sure why it can’t be done.
Jerome has been tightning and rolling off MBS since 2022. Are you saying that if feds balance sheet goes back up by $2T owning new assets with anemic deliquency rates, – the world bond market will break?
3:32 You are one weird fuck. They’ll kick your nutz in down south.
Fast: I have no idea why they are like that. It’s amazing to me the attitudes the ones I know have. And they proud themselves on being manly men, tough guys. Some had delusions of going pro baseball or football, etc, and there glory days were high school. However they believe simply because they are a man, their wives should be subservient and adore them.
4:19 aren’t you late for a meetup in a Rest Area…??
It’s very apparent in some tape and not so much in others, but that right leg swing is considered to be very diagnostic of a specific type of dementia, Frontotemporal dementia.”
Despite these rumours, Mr Trump claimed a recent MRI scan gave “some of the best reports for the age” and “some of the best reports they’ve ever seen”.
He also bragged about taking the MoCA test, used by healthcare professionals to evaluate cognitive impairment, calling it a “very hard […] IQ test”.
White House Physician Dr Sean Barbabella also said the results from Mr Trump’s yearly check-up “exceptional,” and his cardiac age is “approximately 14 years younger than his chronological age”.
4:31: The only one visiting rest areas is you. A 60 year old man obsessed with dicks and balls. What else would you be doing, you don’t work, and haven’t in years , so plenty of time to indulge in your fantasies.
Mmmmmmm work. To be fair, I worked last year. Funny thing, I don’t miss it.
Just found this old family footage of 3b and Juicebox at dinner with their parents….
https://www.instagram.com/reel/DOYOQatDUzv/?igsh=NTc4MTIwNjQ2YQ==
4:50: Yeah, you dabble at work on occasion. You crashed and burned out of the corporate world over 30 years ago. What a loser couldn’t handle the stress and pressure. Yet you portray yourself as some tough guy. What a joke.
4;55 So much time on your hands after your rest stop visits you can find footage of yourself when you were a child. Now a free loading loafer. You should be embarrassed.
Hahahaha – naw, corporate work bored the shit out of me.
5:30 No it didn’t. You could not handle the stress and the pressure, so you left, like a little shit with your tail between your legs. What a loser.
I’m crushed at your hurtful narrative. Cruuuushed I tell ya!!
I found corporate work to be deadly dull.
Director ~ 4:13pm
Is the trust in the system based on the king clearly stating that he wants to goose the economy, the very visible incompetence, outright corruption where everything is for sale and destruction of rule of law.
This is not 2009, when the US Treasury was the world’s safety cave. Gold is screaming that the trust this time around is very fungible. The crypto trade is collapsing because is a trump trade. Is a different world about trust in anything USA globally at this time. The financial repression and 0% interest rate were possible because of USD and Treasury trust. That is going, going and definitely gone after Powell.
Let’s say that the king creates 50yrs/portable mortgages. Is it market rate or artificially low rates? Private sector is going to avoid those Fannie/Freddie MBS if rate is below inflation. There has to be a real return rate on those MBS.
If there are no buyers for Fannie/Freddie 50yrs portable mortgage MBS. Will the US Treasury will buy those new MBS. The US Treasury will then issue debt for Federal Reserve to print USD out of thin air. Likely asset and price inflation at this point.
This is no different than inflation in Argentina. Over there, is corruption and lack of trust driven systemic price inflation (buy something before the currency loses value). Over here, it will become corruption and lack of trust driven systemic asset and then price inflation. (Buy some asset Real Estate/Gold/Stocks because the currency is losing value).
Add to the above, the cockroaches showing up in the financially engineered products. Plus tariffs and other economic minutiae.
5:42:No you didn’t, you bombed out. You are an unemployed loser. You would rather smoke weed, and visit rest stops to deal with your urges.
Do you want to see it?
Ex says:
November 24, 2025 at 1:45 pm
1:43 bullshit, he doesn’t have a heart. Just a tiny mushroom shaped pecker…,
no “h” in huge…..
Ex says:
November 24, 2025 at 2:02 pm
1:57 when he kicks the bucket they’ll be a huuuuuuge celebration.
Univ Cal Studens struggle with middle school math, verbal/ language art skills also in decline.
Any financial contract can be strucutred any way you want….. put in any terms you want.
However, there is a gap between whatever current market conditions are and the contract you create. That hole need to be filled with MONEY or some kind of offset.
The accounting has to from somewhere, and it has to be held by both counterparties of the contract. One books a gain, and the other a loss. If not recognized immediately, then it is “capitalized”, meaning someone books an asset and someone else books a liability.
Director NYC says:
November 24, 2025 at 2:39 pm
Re: Portable Mortgages.
After slashing short term rates, legally can a combination of Kevin Hasset Fed, Pulte HUD and Fannie/Freddy agencies create a “QE Type Vehicle” and operational logistics to quickly issue new mortgages that matches the interest rate of the old mortgage sold?
I’m thinking something like a privatized Fanny Mae guarantees it or Hasset immediately buys the new below market rate 30yr mortgage issued. Lenders make a coin too. What am I missing?
3b,
That is because the teachers are like Ex (Larry), Pumpkin (Moe) and BRT (Curly).
3b says:
November 24, 2025 at 6:14 pm
Univ Cal Studens struggle with middle school math, verbal/ language art skills also in decline.
( ) ( ) ==D – – –
6:12,I do! I really do. Then I wanna kick him in the nuts.
“December rate cut odds climb above 70% after falling as low as 27% last week.”
Director,
To build on Chicago,
However, there is a gap between whatever current market conditions are and the contract you create. That hole need to be filled with MONEY or some kind of offset.
– Who is going to pony the dough? In 2009 the world threw money at us because of perceived safety.
The accounting has to from somewhere, and it has to be held by both counterparties of the contract. One books a gain, and the other a loss. If not recognized immediately, then it is “capitalized”, meaning someone books an asset and someone else books a liability.
-Here is the largest part of the GFC bail out. It was called “Extend and Pretend”. Every body agreed that if you did not recognized the loss, plus loosen the rules a lot then any loses will be a lot smaller if they are not totally recognize and not booked to their rightful size so the liability never is big enough to be called “bankrupt”.
So the questions are.
-Where are the suckers that are going play this game again?
The market is very suspicios.
-If you don’t have suckers then you can buy it yourself like Argentina and Turkey and print plenty of monopoly money.
The king has says he likes big printing machine. That is why Gold is up and away.
Let me re-phrase it.
– Who is going to pony the dough? In 2009 the world threw money at us because of perceived safety. That money based on safety bought US Treasuries, which allowed the Federal Reserve and US Treasury to bail out bankster without causing initial inflation. The after effect of the bail out plus extend and pretend created asset inflation (stocks/real estate) because total true loses were never ever written down.
Generation C as in ‘Confused’
Lucidity will come when they figure out that capitalism will solve their problems.
By Andy Kessler
Recent college graduates are moaning about their struggle to find jobs. Fair enough. But now there’s a backlash on campuses over “career funneling”—schools only allowing interviews on campus for what students consider objectionable jobs, like finance and consulting. Can you spot the contradiction?
A Wellesley College junior, majoring in economics as well as “peace and justice studies,” complained to the Journal about narrow job opportunities. While Wellesley’s economics department offers solid macro and micro courses, even “ECON 312: The Economics of Globalization,” peace and justice studies was new to me. So I did a little digging and found these courses: “PEAC 346: Decolonizing the Bible” and PEAC 205, which lectures students on “how gender as a symbolic construct configures how we make sense of war making and peacebuilding.”
What a disconnect. You’d think learned professors would teach that capitalism drives peace and justice, while constantly failing socialism delivers, I don’t know, human-rights-abusing Cuba and Venezuela? No cap, that’s sus (translation: no lie, that’s suspicious). Universities are living contradictions.
I fear we are turning out the most confused generation, with an affliction of contradiction. I’ve written before about Cy-Bos—cyber bohemian quitters—and Gen G—generation guilty. Now we have Gen C, for confused. You can’t blame them; look at the Sybil-like multipersonality splits at Wellesley and most universities.
I have to believe that most corporate recruiters by now see “peace and justice” and other squishy majors as red flags after marketing disasters by social-justice warriors. You know, how marketing executive Alissa Heinerscheid destroyed Bud Light, how Cracker Barrel CEO Julie Felss Masino botched a logo rebranding, and how Target offered “tuck-friendly” product selections. Billions of dollars were lost in stunts like those. Justice jobs are sparse for a reason. And this before artificial intelligence kicks in.
Maybe government can help. Rep. Ro Khanna (D., Calif.) tweeted, “We need regulations that prevent companies from using AI to eliminate jobs to extract greater profits.” Mr. Khanna was the 2020 campaign co-chair for democratic socialist (another contradiction) Bernie Sanders. He somehow represents prosperity-creating Silicon Valley. Make sense?
Young people complain (and yes, I’m generalizing) about affordability and food deserts while sipping Mocha Cookie Crumble Frappuccinos at Starbucks. They demand land acknowledgments but have no sense of history. They stand for “gender equality” but sing along to vile and misogynist music. They love actress Sydney Sweeney in shows like “Euphoria” but hate her for not apologizing for her great jeans or genes. They love to be influencers but are closed-minded and uninfluenceable. They abhor violence but play gory videogames. I recently learned of “classy trashy” parties. I overheard, “Let’s dress up, like, for an Oscars party, drink champagne and then order in pizza and wings.” For the record, Buffalo chicken wings are messy but never trashy.
Capitalism is messy, so it’s considered trash. And Gen C will loudly and proudly tell you this via Instagram and TikTok from their $1,000 parent-bought iPhones as if these things magically appear. No way were they created from the blood, sweat and beers of toiling engineers, massive amounts of human ingenuity melded with trillions in capital delivered along land, ship and jet trade routes.
Gen C hates the newly minted billionaires who provide these products and services because, well, it isn’t fair. So they vote for democratic socialists like New York Mayor-elect Zohran Mamdani, demand free goodies, and agree there shouldn’t be billionaires because everything they have all magically appeared, remember? Yes, even Wellesley econ majors must recognize they’re voting for their own demise via expensive free stuff.
Gen C want jobs that make the world better. Who doesn’t? Yes, we need museum curators to spread history and knowledge, but not ideology. Yes, we need artists to inspire but not twist their work to advertise the justicey message du jour. We even need the Greta Thunbergs of the world to champion issues from start to finish, but not angrily hop from one to the next, green to Gaza, to feed the news cycle. I respect their passion but sure wish it were directed to something useful.
There is poverty. Capitalism is solving it. U2 singer Bono reluctantly admitted this in 2022. “There’s a funny moment when you realize that as an activist: The off-ramp out of extreme poverty is, ugh, commerce, it’s entrepreneurial capitalism.” Ugh?
There is pollution. Capitalism is solving it. It’s helping the move from coal to fracked oil and natural gas to nukes. High-school reading levels are atrocious. Capitalism can fix it—especially if we could break the stranglehold of teachers’ unions and allow self-paced and technology-reinforced education.
There is disease and human suffering. Capitalism is solving it. Not by giving away free stuff, but by rolling up our sleeves and doing the hard and expensive work of drug discovery and disease eradication.
When Gen C eventually figures this out, their confusion will end.
Gold is up not just because of the USD.
Put the Eurozone, Japan and China in the same bucket.
Also, it represents a repudiation of Trump tariffs, and anger in the form of investment.
That said, allow me to quote The Ten 403……
It is more than just a pricing bond for mortgage rates.
It is a collective voice stating the opinion of “portable mortgages”.
If that initiative begins to have traction beyond just emphemal whispers, then watch that number. Tons of noise in it, but it is the clearest indicator……. albeit very imperfect and ambiguous…..
DirectorQuestions GetAnAnswer says:
November 24, 2025 at 6:36 pm
That is why Gold is up and away.
Honestly, I wouldn’t trade what’s happening up here for anything.
Life is pretty good. Like Tom Petty says:
https://youtu.be/U0el_8ZKw7w?si=PLqO111pzzzH_3Tg
Chi – dollar replaced gold…..and now we see a reversal
Smaller central banks cashing in dollars for gold as a hedge…They only deal in 400 oz bars. So about 10,000 gold bars traded hands in the vaults in the last reported quarter.
It’s my understanding that the dollar is strong. There is not enough to go around. Everyone can hate on America and the dollar, but it’s the best.
You can never trust China…a corrupt nation that is a cesspool of theft. So what options do you really have.
DirectorQuestion GetAnAnswer says:
November 24, 2025 at 6:43 pm
Let me re-phrase it.
– Who is going to pony the dough? In 2009 the world threw money at us because of perceived safety. That money based on safety bought US Treasuries, which allowed the Federal Reserve and US Treasury to bail out bankster without causing initial inflation. The after effect of the bail out plus extend and pretend created asset inflation (stocks/real estate) because total true loses were never ever written down.