Wednesday, March 4, 2009

Hoboken Quiznos Suddenly Closes




Last week the Quiznos location at 1st & Hudson in Hoboken was open for business like it always was. Today when I went over there to get a chicken mesquite for Steve, the door was locked, lights off, and signs were on the door and window with "Retail Space Available" in big letters. There was no drop off over the past few weeks in the quality of the items or service, which is usually how business closings are proceeded. I'm very sad, as I will miss having a small chicken carbonara on white. If anyone knows anything about why the store suddenly went out of business, I would love to know. I called the non-emergency number for the Hoboken Police to ask if there was a robbery or break in that caused the store to close, and the officer said he had not heard of a robbery/break in at Quiznos, but that he also had not heard that the store was no longer operating. (I found that odd given how it is less than a block from the station, and I have seen many officers in Quiznos eating lunch over the years.) When I searched for information about how corporate works with their franchises, which are privately owned, I found this link: http://www.bluemaumau.org/6939/quiznos_management_team_attempts_answer_questions
Nothing mentioned in the article would seem important enough to result in the 1st & Hudson location closing its doors though. I am very shocked because the closing is so sudden and without warning. I notified Hoboken 411 and would be interested in any info anyone may have.
To see where the location used to be, click on the link and google maps will show you the corner, with the Quiznos sign visible. (It wouldn't let me save that pic and upload it onto the posting.)
http://maps.google.com/maps?f=q&source=s_q&hl=en&geocode=&q=Hudson+St+%26+1st+St,+Hoboken,+NJ+07030&sll=40.739535,-74.029806&sspn=0.006666,0.013561&ie=UTF8&ll=40.738982,-74.029806&spn=0.006666,0.013561&z=16&iwloc=addr&layer=c&cbll=40.737262,-74.029797&panoid=rue84Suo3vV_dtrMyZlTXQ&cbp=12,315,,1,5.000000000000001

Sunday, March 1, 2009

Objectives for Obama: Part 2


The election of 2000 was historic, and the election of 2004 also had rumors of "irregularities". The coverage by Rolling Stone was excellent, while much of the mainstream media was too shy to really grab all of the facts and run with them. The 2008 film Recount keeps this issue in the public eye, where it deserves attention.
http://www.imdb.com/title/tt1000771/
Is looking into the irregularities and possible questionable practices of the Bush campaign and Diebold something that the Obama admin might add to their "To Do" list? As I have previously mentioned, Rolling Stone has been very persuasive in suggesting that both elections require another look from those in a position to do something about the potential evidence they may find. I read a blog posting once by someone who lived in Toledo, Ohio in 2004 who said local media reported finding abandoned cars with trucks full of votes for Kerry. Once re-elected, I am sure the Bush admin made those articles "disappear". When it comes to "Change" and "Hope" one thing I would like to add to the list are the misadventures of the 2000 and 2004 elections. Has anyone looked at the chart for Diebold, DBD, from 2000-2004 lately?

Objectives for Obama: Part 1

President Obama has been in office for a bit more than a month, and he has been getting quite a bit done. One tidbit that I heard is that at his sit down dinners with wife Michelle and daughters Sasha and Malia, each person at the dinner table talks about the "roses" of their day, being good things, and "thorns," being of course bad things. Its great that Obama has time to eat a family dinner each night, given how much there is for him to do.
One topic the blogosphere is abuzz with is that Obama should have someone investigating the various contributors of the housing/credit crisis for securities and ethics violations. So far, the Bear Stearns hedge fund managers Ralph Cioffi and Matthew Tannin were indicted on charges of conspiracy, securities fraud, and wire fraud. Mr. Cioffi was also charged with insider trading. http://www.nysun.com/business/us-sees-crime-in-the-credit-crisis/80408/
The indictment happened almost a year ago. The Madoff matter has had the SEC on the defense since last November, since he surrendered to them, and whistler blower Harry Markopolos has been telling the SEC that Madoff was a fraud since 1999 without anyone at the agency taking sufficient action to unearth the fraud over the past 9 years.
http://www.msnbc.msn.com/id/28310980/
What I would be interested in would be an investigation into what the CEOs/CFOs/COOs of AIG, Wachovia, Countrywide, Merrill Lynch, Lehman Brothers, Citigroup, and Bear Stearns were doing with their own portfolios of their company's stock and options while they were going on CNBC reassuring investors their firms were well capitalized with nothing to worry about, when that couldn't have been farther from the truth. (Each situation has differnt details, but the overall ongoings were similar.) Although the fate of each firm and CEO is different, were the CEOs selling or speeding up the sales of their stock along the way during their reassurance proclamations? (This reminds me of the Joe Nacchio situation.) Since most of that info is public, I would be surprised if any of that had gone on and it not been unearthed by the fabulous CNBC reporters by now. Yet it wouldn't surprise me if someone who knew what they were looking for were able to dig something along the lines of this up. Does Obama have this on his "To Do" list?

Monday, February 2, 2009

The Majestic Beagle


























Lately I have come to appreciate the majestic beauty, skill, and excellence that is the beagle. Captain of the scent hounds, the beagle has one of the best noses on planet earth, and when trained accordingly makes for a great hunting dog. My dog, Daisy, pictured in the large pictures above, is a retired hunting dog abandoned in 2005 in upstate New York. (The smallest pic is of an unknown beagle, what I imagine Daisy looked like in her youth.) Daisy had at least one litter of puppies, never saw the inside of a vet, and by all likelihood had a great life hunting rabbits in some rural setting as a hunting dog prior to 2005. Why anyone would not want her is beyond my ability to comprehend. She is such a good girl, wanting only to please and be with the pack. I am in awe of her handsome form, soft coat, and cute moves that she does looking for food. A champion beggar and curb shopper, Daisy attacks trash with reckless ambition determined to find a snack. She has been my dog full time for a year and a half now.
What I love about her is her quiet confidence, how she has "plans" when we go out for her walk on the yards that she wants to hit and grills she wants to patrol. I love it how she cheats death, both via overcoming illnesses (a tumor in her chest, liver problems, pancreas problems, a neck injury, accidental overdose of breathing medication, collapsing trachea, irregular heart issue, ear infections, and those are only the things I can think of now) as well as refusing to give up when she was chained to a pole in a grocery store parking lot awaiting a dog catcher. I love it that she can and will use deception on other dogs to get what she wants. I love her little quirks like being afraid of thunder and lying in laundry strewn on the floor. She is a great dog and it breaks my heart to think of all of the shelter dogs that are put down everyday. I encourage everyone: please do not buy a puppy without at least visiting a shelter once. Given the economic downturn, many pets are being surrendered that deserve a second chance. Daisy got a second chance and her loyalty, company, and love have changed my life forever.

Friday, January 16, 2009

Book "The Secret" and the net haters


For some reason people love to hate Rhonda Byrnes' book, "The Secret." My own opinion on the book is complicated. The short version is that I do think there are some truths in the book, universal truths if you will, but I think that they are told through the lens of the author and make little sense to a lot of readers. The author was in a tough spot of trying to back up the principals with examples, so of course the examples were isolated situations with the reader lacking facts. (Like the part about visualizing checks coming in the mail. That really only makes sense for people who don't have direct deposit, you know?)

The net is full of blogs of people ranting about how infantile the book is and how it doesn't work. I don't need to post any of those excerpts. I did find a poem that I liked from an author that passed away in 1933 that summarized some of what was enclosed in the principals without getting too specific:
http://lvcsb.com/blog/2008/11/03/the-secret-controversy/

“THOUGHTS ARE THINGS
and wings: And that we send them forth to fill the world with good results, or ill. That which we call our secret thought speeds forth to earth’s remotest spot, Leaving its blessings or its woes. Like tracks behind it as it goes. We build our future, thought by thought, For good or ill, yet know it not. Yet so the universe was wrought. Thought is another name for fate; Choose then thy destiny and wait, For love brings love and hate brings hate.” Henry Van Dyke

I think a lot of people read the book and take it literally. Or, find it childish. One author that I really like and respect, James Kunstler, has suggested a la "The Secret" that wishing for things is a child's pastime and adults shouldn't be thinking anything besides productive activity is what creates wealth. http://www.kunstler.com/
That is the link to his site, although I forget in which posting he mentions his view. I don't disagree with JHK entirely, however, there are aspects of it where what is now wealth creating, a company like google, was once someone's idea, and only an idea. The person had to do the work of creating the company, but it did start out as one idea. In short, there is a lot of wiggle room on the topic of whether "The Secret" works. My investigation into it all has been mixed. I am looking forward to hearing the experiences of others.

Tuesday, January 13, 2009

Season Finale of "Real Chance of Love"








Season Finale of "Real Chance of Love" on VH1

I knew that Real never had romantic feelings for Bay Bay Bay. That was obvious. She doesn't have a soft side that would be appealing to most guys. I thought Real genuinely cared for MILF, and so that's why I was surprised that he eliminated her and kept Bay Bay Bay in the previous episode. Chance eliminating both Risky and Cali at the end was a surprise, but only a small one since this opens the door for a season 2. I didn't get a read on either of those 2, since Risky didn't open up much and Cali seemed sort of average, which is funny since that is what she called Risky.
All in all, the best parts of the season were the funny clips of Real and Chance, their baby pictures slide show on the drive in date, their jokes, etc. In the episode where the girls pimp out 2 BMWs as a challenge for dates with the brothers, Chance is repulsed by the sight of a decal of his brother's "big ass head" on the driver's side door of the car. That was awesome.
I wish Risky and Cali the best of luck moving forward. I had hoped at some point in the season someone would call out Bay Bay Bay for being judgmental, two-faced, and aggressive, however it didn't happen. Since I hear that Bay Bay Bay will be returning for "I Love Money 2" my hopes for her being called out continue. I wonder who will be the one to tell her how annoying she is and how rude she speaks to people and about people. As far as "break out stars" from the series, I can only guess that Bubbles, MILF, and Bay Bay Bay will be invited back to do more "VH1 Celeb Reality" shows with Chris Abrego and Mark Cronin producing. Also, what ever happened to "My Fair Brady"?
(pics were hard to organize: from the top going down: MILF, Bay Bay Bay, and Cornfed. The last 3 girls Real had. Cornfed, short blond hair, was the only winner of the show and picked by Real.)

Sunday, November 23, 2008

Dr. Pepper Info

I wonder what Axl thinks? Info for contacting Dr. Pepper:

Dr Pepper/Seven Up, Inc.
Attn: Consumer Relations
P.O. Box 869077
Plano , TX 75086

Chinese Democracy is Finally Here!


The album is good. I like it, and think its worth $12.99 to check it out. "Tunes" in Hoboken swore to me over the phone this week that Sunday at noon they would have it, but didn't. My copy came from Best Buy on 23rd Street. I like to go with the small retailer when possible, but in this situation they lied to me and I had to patronize corporate America.
Speaking of corporate America, Dr. Pepper is pissing me off. First, they promise a free 20 oz soda to everyone if "Chinese Democracy" is released in 2008. They set it up so that you have to register on their site today ONLY to get the coupon mailed to you. Of course, with so many people trying to get their free soda, the site has crashed. I am wondering what Dr. Pepper is going to do about all of the people who claimed they couldn't register because the site is down. I am going to write a letter to their "customer relations" dept. They knew they set up the promotion this way, so they shouldn't be surprised that their site has crashed. Where is the tech support? In addition, they are doing things like this:
In case you haven’t already found out about how Slash got snubbed by Dr. Pepper as part of the drink manufacturer’s recent “Chinese Democracy” promotion, I’m gonna give you a little heads up just so you know what I’m talking about.

Dr. Pepper has vowed to give everyone in the U.S. a free can of the drink if Guns N’ Roses’ long-awaited new album, “Chinese Democracy”, is released this year. Everyone, that is, apart from Slash and Buckethead [Guns N' Roses guitarist 2000-2004]. Oh well… here’s what Slash had to say:

“Yeah, someone sent me a text about that at 3:00 a.m. last night,” Slash replied. “I thought, ‘What kind of left-field shit is that?’ It’s pretty funny, actually. I guess Buckethead and I will just have to make do with Coca-Cola."

http://www.zmemusic.com/other/slash-comments-getting-snubbed-by-dr-pepper/

To me, that isn't cool of Dr. Pepper, to get involved in personal differences between various current and "ex" members of the band. Isn't their job to sell soda? I would think excluding Slash would offend many fans of the band, as it has surely offended me. Thoughts? Not that I bet Slash gives two shits about a free soda, but in principal, its a crappy move.

Saturday, November 22, 2008

More carts in 3 days!


As of Tuesday, 3 days away, there will be 6 more carts showing up in the basement. I spoke with the super, who nicely asked me in the meantime to leave the cart I am using in the basement for the rest of the building to use to move clothes from the washer to the dryer, and I responded that I would comply. The cart shortage will soon be over. I will be returning my cart to the basement momentarily!! No more hoarding, guilt, or lack of supply!(I may have to remove my pic from my blog in case anyone in my building reads any of this. What are the odds of that?)

Supply/Demand Imbalance and the Human Response


When the normal balance of supply and demand shifty, to either oversupply or under supply, there is a predictable human reaction. In the case of oversupply, the "it" is suddenly cheap, and wasteful tendencies kick in. In the case of under supply, the "it" becomes dear, and hoarding tendencies kick in. For those of us who are bearish on future supply of crude oil, (thus bullish on price) such human habits and behaviors in response to economic trends have the potential to cause all kinds of problems, civil unrest being one, and must be monitored closely.
Outside of such a precious and vital commodity to 21st century America like crude oil, the human reactions to under supply in other situations, albeit much less important, are the same. Case in point: laundry carts. (see pic) I live in a building of about 50 apartments, likely 100 people or so, possibly more. And up until a couple weeks ago, the tenants of the building amicably shared about 8 laundry carts, for use in moving laundry and groceries from the basement to the apts via the elevator. Unused carts lived in the laundry room, and on any given day, there were usually 2 or 3 sitting unused. I personally had no knowledge as to the issue of ownership: I assumed they were owned by the management company for general use.
At some point, the management company decided to change the company that provides the building with washing machines and dryers. When I left to go on vacation, it was business as usual in the laundry room with no mention of any changes. When I returned, there were no machines down there, and a letter posted in the elevator that the old company had come ahead of schedule to take their machines, and that the new ones should arrive over the next few days. I was pissed! I had dirty clothes from a vacation and no way to immediately wash them. I grabbed one of 2 laundry carts sitting in the empty laundry room, and headed upstairs to begin sorting.
Two days later, there were new machines, and I got the vacation laundry washed. I returned the cart, however, had to take it back the next night to do an emergency load as my dog made an unexpected mess. I am ashamed and embarrassed to admit that: I kept the cart in my apartment for over a week as I kept anticipating doing laundry, but never quite got around to it.
Tonight,I finally got around to it, at least a week later. As I was exiting the elevator in the basement with my laundry in the cart, another tenant from the building pointed at the cart and said to his 3 kids standing next to him, "She has one." As I finished loading my clothes into a machine, another tenant who was also doing laundry asked if she could use my cart just to move her clothes from the washer to the dryer. (Prior to the cart shortage, such a request was unheard of.) "Of course," I told her. She explained to me that the carts are mostly gone, taken by the company that had previously provided the building with laundry machines, as that company owned them. Under supply!
Could the cart that I was using be one or two that had escaped repossession, as they were in some one's apt at the time? I know it wasn't my apartment, since I had been on vacation. I had been lucky enough to grab one of the few remaining carts the moment they were of least use: when there were no laundry machines present on the premises.
Now, I am in a conundrum. Whoever has the other cart(s) in this building aren't sharing, at least not to my knowledge. I haven't seen anyone with another one in a while, and to my knowledge the laundry room has been void of them altogether over the past week. Tonight, I have been spotted twice with the one that I have. What should I do? I can't hoard it forever, (it isn't even mine to begin with!) but I know if I return it to the basement for others to use it, I will likely not see it again for a long time. Its such a pain to move wet clothes from the washer to the dryer without a cart! What am I to do? Anything other than just putting it back in the basement for others to use it is wrong: unfair, wrong, and wrong. Yet, I find myself totally unwilling to voluntarily give it up. Eventually, if enough people spot me with it, someone will ask me directly if they can use it, and I must say yes. But in the meantime, I have dirty clothes that require transportation to and from the basement, just like the rest of my building. Currently, as horrible as this is, I am trying not to get spotted with it, to at least postpone the inevitable. Will update when something happens.
In the meantime I have been thinking about what this would mean if the "it" in this case were not a laundry cart, but some amount of crude oil. People would be hoarding it, not caring as to who else needed it. What cut in supply would be needed to ignite said hoarding instinct? And what would that mean for the rest of us? Over the summer when oil was at $147 a barrel, the Saudi Oil Minister told CNBC, "There is plenty of oil for everyone" but it surely didn't feel that way. It felt like hoarding time. Imagine if there really wasn't "Enough oil for everyone" and hoarding behaviors did kick in? The world is so much more interconnected that anyone realizes, which raises the potential for disaster infinitesimally. I can only image the hoarding that will take place if and when there ever is a true shortage of crude oil, and the civil unrest and disasters that will go along with it. JHK has a name for said disasters: "The Long Emergency". And, he is likely correct. It will be a "long emergency" with many trends interwoven, dominated by the lack of reliable supplies of oil. To make matters worse, the general public has no idea any such challenge awaits us, and so lacks everything from coping mechanisms to backup plans. It has the potential to be an economic Armageddon: oil effects food production, shortage of food sparks hoarding, hoarding leads to violence, fiat currencies cease to represent "value", consumers lose their "wealth" and resort to vigilantism, the govt collapses, "business as usual" becomes a thing of the past, and society at large creases to exist as we currently know it. While all of this scares me, I insist on being realistic about the potential challenges we may or may not face. (Maybe an alt energy industry will explode over the next 5-10 years and less access to fossil fuels may turn out to be a good thing, increasing the competitiveness of our new economy, who knows what the future holds?) What surprises and scares me most is when I try to start a conversation about such challenges with someone who doesn't work in finance or energy; it frequently flops completely because the other person seems to be totally and completely unable to process what I am saying and converse about this in any meaningful way. Unfortunately, this includes many people that I care deeply about. Any suggestions on this one?
In writing this post, I have hopefully reduced the likelihood of being spotted with my laundry cart. Wish me luck safely going to and from the basement as a laundry emissary. I must return the cart eventually, and soon guilt will kick and I will give it up. For the meantime though, I am trying to move as stealthily as possible, avoid being spotted, and return with clean clothes. Are clean clothes moved easily worth such a selfish hoarding act? Not forever, they are not.

Wednesday, November 19, 2008

Buyer Beware: Calvary Bridal Shop Defrauded Brides

Calvary Bridal House, located in Milburn has been exposed first by NJ.com & The Star Ledger articles and now on TV by CBS reporter Kirsten Cole for defrauding brides out of expensive gowns. Note the website is no longer available:
http://www.calvarybridalhouse.com/
Link to CBS story:
http://wcbstv.com/consumer/bridal.scam.calvary.2.868090.html
(My selections in italics) Elga Koehler, owner of Calvary Bridal in Livingston, N.J., is bankrupt, but she's still open for business. She's taking money for and promising brides beautiful gowns, but dozens say she's not delivering.
Ms. Koehler didn't explain herself on camera.
Since Ms. Koehler is in $400K of debt, the claims against her/the business by customers who paid cash for dresses they never received are unlikely to get their money back anytime soon. See below for chargeback info for credit card purchases. (If the amount is less than $5k, its less important legally than amounts greater than $5k. Many dresses are likely $4,999! Coincidence?!?) Hopefully the media coverage will help the brides, but if the business is in bankruptcy proceedings, can Ms. Koehler be forced to reimburse the brides $4k when she owes creditors $400K?
Elga Koehler's LinkedIn page is bare, but listed under contact settings are:
new ventures; job inquiries; expertise requests; getting back in touch
Why would someone running a business be interested in "job inquiries"? Why would someone who expanded a business too fast and is now bankrupt be interested in "new ventures"? The article from NJ.com reports a picket by defrauded brides in front of the 110 Essex St location in Milburn earlier this month. Good for them for picketing!
http://www.nj.com/news/index.ssf/2008/11/bridal_shop_goes_bankrupt_and.html

"We could have disappeared into the night like Celebration Studios," Ms. Koehler said. "We didn't. We opted to keep our doors open so we could service the other brides. We've tried to just do business so that a repayment plan can be formulated and these people will not immediately -- but eventually -- get their money back." A store expansion in 2007 led her (Ms. Koehler) to rent more space and hire more help, a "recipe for disaster" in the current economy, Ms. Koehler said. About five or six brides never received their dresses, according to Koehler, who said she understands they feel upset but she had no other recourse than to file for bankruptcy. (Pic of picket below.)












For those who paid with credit cards:
The Consumerist provides instructions on how to do a chargeback:
http://consumerist.com/consumer/chargebacks/what-is-a-chargeback-250656.php
This business may either be/have been in Florham Park, as LivingstonNJ.com lists:
Calvary Bridal House , 137 Columbia Tpke, Florham Park, 973-593-8330, a # which has been "disconnected." 973 376 2600 rings through to a machine, if anyone has done business at Calvary Bridal and wants to inquire. Although the website being taken down says it all. I am tempted to call and try to order a dress, just to see if Ms. Koehler would take the order. Ha! I wonder what she would say? For those interested in reading more, there are many good consumer postings about individual experiences. I googled "Calvary Bridal Livingston" and a ton of good ones came up. I would love to hear anything more on this story. I wish the best of luck to those that have been defrauded out of a wedding dress they paid for. Sucks, sucks, sucks.

Tuesday, November 18, 2008

City of Hoboken Raises Ridiculous Factor Another Notch


As you can see from the pics, the shoreline of Hoboken spans the entire eastern part of town and is utilized by the city for public space. On Sinatra Drive downtown there is a gorgeous public park at Pier A and walkway for several blocks, with Pier C being built now, all for public use. Uptown, the new Toll Brothers complex, at 11th and Hudson, has a public shore/ park area across the street from another public park at 10th and Hudson, Elysian. The Toll Brothers complex and Elysian Park both have beautiful views of the river and Manhattan skyline. The site of the former Maxwell factory, now called Maxwell Place, up by 14th Street also has gorgeous views. (See pic.)
The short version of it all is that back in the 1990s the city
began spending more than tax revenues brought
in, and dealt with the gap by selling municipal
lots to developers. The problem is doing things
like that don't work forever. The city's payrolls
are so bloated that this year Hoboken had to be
taken over by a lady from the state of NJ
due to these financial problems that currently include an $11 million shortfall. (See links at bottom of post.) Last FY the financial matters were never settled politically before the end, and this year's budget has a huge gap that will have to be spread out over 5 years. In short, property taxes are going to raise a whopping 47% over the next quarters. The problem is largely political: the city council is more concerned with making themselves rich in my opinion along with the mayor, so instead of working these problems out they name call and finger point. I read in the Reporter that one of the council members lives in a subsidized unit for $800/month, taking advantage of some loophole in the current law. He isn't living there because its all he can afford, he is living there because the policies in the city are ripe for being taken advantage of by those smart enough to know how. The city is under pressure from the State to get its act together, and one way the city is currently trying to increase revenue is writing summons. I have heard of many unjustified traffic summons in which people driving down roads in town in the same way they have for a decade are suddenly getting tickets by cops sitting there with radar guns looking for reasons to issue summons. Personally, with the $90 permit to park in Hoboken along with a $5/day garage cost, people who have to drive here for work are already taken advantage of enough in my opinion, they don't need to be bothered with additional matters like unnecessary traffic summons. The last time I checked, the purpose of writing traffic summons was to protect other motorists and pedestrians from careless drivers- not to solve political problems of budgetary shortfalls and an overall tradition of corruption.
Tonight, I got my own taste of this kind of unfairness. In Hoboken, residents are encouraged to have pets as many, many buildings permit them. Dogs don't just need shelter, they also need to be walked. In the suburbs, grass is plentiful: most people have access to a yard, and those that don't can go to the park. However, in Hoboken, the parks are highly coveted open space: for use by children, not dogs. Dogs are relegated to a small gravel enclosed area where they are permitted to run freely with other dogs. Aside from said "dog park," the city mandates that dogs wear an issued registration tag (costing $10 annually) and not go on public grass. The ticket for the dog setting foot on public grass is $250 - even if the dog doesn't go to the bathroom. The ticket for not cleaning up dog poo, the actual health hazard- $25. Finally, there is also a fine for not having the dog registered/failing to display the registration tag, but I don't know details.
I have several problems with this: why is public space focused towards parents with children? Oh yeah, they are the taxpayers. Don't children have areas, like school playgrounds, where they can play? Oh, and don't the parks have a specific playground areas where dogs aren't allowed at all? Isn't this enough "open space" for children? Aren't the parks big enough where one strip of grass can be "dog grass" and children can be banned from playing there, for their own good? Dogs instinctively want to go on grass so they don't step in their own pee. Perhaps puppies raised in urban areas can be taught differently. Country stays, like the dog I have, have been going on grass their whole lives and at this point, are too old to learn new habits. Why can there be any area on public grass for dogs to play on, pee on, whatever? Dog parks only work for social dogs, and it shouldn't be the only option. Finally, if the city doesn't want dogs on public grass, stop allowing many buildings to allow residents to have pets.
Tonight, I took my dog across the street to the park for her nightly walk. When we got into the park, there was another lady with a dog on the grass. Two minutes into the walk, we saw a cop car parked in the back of the park. I immediately got my dog off of the grass and fled. It wasn't worth the risk of a $250 ticket, which given the state of affairs with the budget, could become a reality. I was very lucky in the spring when a rep from the city health department set up shop in the park at 8am weekdays to scold the dog walkers from letting their dogs on the grass. I had to pick up my dog and flee the guy a few times, but by July, he wasn't there anymore.
Hoboken is out of control. While the town is a great place to live, the cost of living now rivals nice neighborhoods in Manhattan. Real estate is outrageous, and hasn't come down much with the housing/credit crisis. Politically, many of the people in municipal gov't have used their positions to advance the goals of their wallets first, and residents second (not all, but most). The fact that the city is spending $150k on a rep from the state to deal with the budget matter tells me that they couldn't resolve the matter internally: all I need to know about how seriously these people take their jobs. For the mayor, again, to allow a 47% tax hike under his watch tells me all I need to know about him. He can point his finger at the city council, but he is the mayor, and I believe has the authority to stop the wastefull spending. (Example- in Hoboken, painting a white line to mark the crosswalk area on Hudson Place in front of the train station is a 5 person job: 1 person the do the painting, 1 to drive the truck with the supplies and idle while the work is done to avoid a parking ticket, 1 person to move and arrange the cones marking the wet paint, and 2 more to stand there and watch, doing something useful here or there. Payrolls are bloated, and someone need to act like an adult and do something useful. Residents deserve better than the possibility of $250 tickets for letting dogs walk on public grass, and property owners deserve better than 47% hikes in their tax bills.
http://www.nytimes.com/2008/09/21/nyregion/new-jersey/21hobokennj.html?ref=new-jersey
http://www.nj.com/hobokennow/index.ssf/2008/11/letter_hobokens_tax_hike_was_y.html
http://www.nj.com/hobokennow/index.ssf/2008/10/mayor_roberts_tax_hikes_arent.html

Monday, November 17, 2008

What the Liberal Left needs to learn from Wall St


1. There is no such thing as "free money." (Oh wait, I think Wall St needs to learn that one too.)
2. When something sucks, there is a reason. The Big 3 are currently sucking for a reason. Throwing money at them suggests their problems are a lack of money. GM is suffering from all kinds of anti-competitive practices, most of which are not directly improved by additional capital alone.
3. The interconnectedness of the global economy means that no one is safe from systemic risk: like devaluing the US$! (Didn't the Fed's balance sheet just double?) Isn't rapidly printing money in an environment of record debt to prevent a recession just postponing our financial problems rather than solving them? Throwing billions at companies that can't compete while encouraging the consumer to spend via stimulus payments doesn't change that the American economy isn't creating any new wealth that I know of. While no one wants a deep recession, aren't 6 to 36 months of economic hardship better than mortgaging our future and children's future to avoid the short term pain of the credit/housing crises? In my humble opinion, the liberal left needs to focus less on helping dying companies and more on the people who have lost their livelihoods. Provide (and possibly increase) the social assistance those families need and let the market shake out the winners and losers of the credit/housing crises. Our economy will be better off with fewer, healthier companies rather than keeping failing ones alive via bailouts. If GM fails in 10 years for the core reason they are currently in trouble: no one wants to buy the cars they sell in North America, the Fed isn't likely to get that $25B back. Instead, Congress and the Fed could use that $25B to help the families suffering from the job losses at GM, and in 10 years could recoup that money via taxes from the businesses created in the future out of the ashes of the credit crisis. Just sayin'.

Sunday, November 16, 2008

Face The Nation this morning, Nov 16


On CBS's "Face The Nation" this morning, the $25B bailout of the Auto industry was discussed by Democratic Rep Barney Frank (left) of Mass, chairman of the Financial Services Committee, and Republican Senator Richard Shelby, (right) of Alabama. Link is at the bottom of the page, and see selections below:

"Frank said the House is ready to pass a bailout package, saying failure to do so would inflict pain on an already very weakened economy.
Shelby, however, said that a bailout of the auto industry would be "the wrong road to go down right now," and said he would prefer troubled automakers file for bankruptcy rather than get taxpayers' money.

'Some people believe that Chapter 11 bankruptcy would be a lot better management than what they have today,' said Shelby, 'where they would reorganize, they would get rid of the management that has brought them to where they are today, bloated contracts, everything that goes with it. No profits, no products to sell, to speak of. '[It's] headed down this road to oblivion. Should we intervene to slow it down, knowing it's going to happen? I say no, not for the American taxpayer.'

Frank disagreed: 'It might be one thing to tolerate a bankruptcy if we had a lot of jobs out there, if there was prosperity.

'When you talk about the negative shock that would result from bankruptcies of these companies right now - and by the way, I wouldn't be blithe about Chapter 11. There are suppliers out there who are owed money, smaller businesses. They get hurt in a bankruptcy. There are a whole range of people who didn't make bad decisions at GM here.'

My comments: In my opinion, people want to "buy American" when it comes to cars. GM and the other "Big 3 " can complain all they want about the $2k per car they must pay in health care and legacy costs versus the $800 per car for the Japanese auto makers, but the core of the issue is that the "Big 3" don't build cars that people want to buy. Its simple. If it were a question of paying 5-10% more for an American car of equal quality than a Japanese car, I think many Americans would do it. The reason the "Big 3" are in trouble is that no one wants their products, their cars have very poor resale value, and from the perspective of the average car buyer, they would rather buy a higher quality product of a lower cost that depreciates more slowly and has greater utility value. That is capitalism. While the "Big 3" employ 740K jobs in dealerships alone, around 3 million jobs total in America, (as per Shelby on "Meet The Press") Toyota has plants in the south and also employs Americans. Does Toyota qualify for Federal $ since they too employ Americans? Is the solution to any economic downturn suddenly to throw taxpayer money at any industry that is in trouble, regardless of their own role in why their are unable to compete? NSA? Finally, GM competes in Russia, China, and other overseas markets, so why not pull out of North America entirely and focus on the markets that they do well in?
Shelby is right that the "Big 3" have management problems and don't put out the right products. Those problems can't be directly fixed with $25B of taxpayer money. (1 in 10 jobs in America are "auto related" according to Sen. Carl Levin (D-MI) on "Meet The Press" but how many jobs would disappear if GM declared bankruptcy and restructured, the way the airlines have had to do?) Supposedly $175B would be the cost to the economy if one of the "Big 3" declaring bankruptcy. At what point is nationalizing the auto industry not what it needs to compete here at home and globally? Also, what I think is the most important move the auto industry needs to focus on is building electric cars and encouraging the gov't to put initiatives in place to modernize the grid to support the increase in the use of electricity. What T Boone Pickens talk about with using nat gas as a transportation fuel, that requires infrastructure, which costs $. So, since we need to modernize the grid anyways, let's start now so the grid can support electric cars in 5 years or so? Worst case scenario is that we don't use the modern grid for electric cars, and instead use it to generate electricity via wind and solar from the heartland and transport it to the coasts. That works too. $25B should go towards a new grid, not the failed management and bureaucratic messes over that the Big 3, in which it may or may not be used effectively. The taxpayer jobs the $25B would save over at the "Big 3" would instead be created by modernizing the grid and putting the infrastructure in place to generate electricity renewablly and transport it to the high demand areas, with or without electric cars.
http://www.cbsnews.com/stories/2008/11/16/ftn/main4607907.shtml
http://www.msnbc.msn.com/id/27752329/

Tuesday, November 11, 2008

More Pics

Axl and Slash onstage at some time. Original band, including Steven Adler, circa 1990.

Great Book by G 'N R's Slash






















I read a great book while I was on vacation. Its called, Slash by Slash of Guns 'N Roses with Anthony Bozza (formerly of Rolling Stone) helping him tell his story. Its a rock bio, yes, but with a totally honest feel. Slash talks about everything, its very detail oriented. As a result, I spent a lot of the trip listening to G 'N R on my ipod. Now, of course, I can't wait for Chinese Democracy that is released on Nov 223rd, I believe.
http://web.gunsnroses.com/splash.jsp
ONLY 11 MORE DAYS!!!
The first pic is Axl and Slash, and the second is young Slash.

Tuesday, November 4, 2008

Obama's speech

Did he not quote the Gettysburg address?

Go Back to Alaska!


Never to be heard from again!

VICTORY!!!


Its morning in America again. Tonight is a proud night for the left. We made it through the darkest hour, and are finally seeing the light. I am proud, I am honored, I am grateful to be a citizen of Obama America. With that being said, Pelosi, DON'T OVERREACH!! The right will be back in 2010 if you do!!!!

The Audacity of Hope

The title of Obama's book, which I personally didn't think was that good. So far, Obama has yet to turn a red state blue. PA appears blue, which is GREAT. North Carolina is appearing blue, but they are calling it, "too close to call" so who knows what that means. More updates to come.