Archive for the ‘Coronavirus’ Category

Most New Jerseyans Are Fiscal Dullards

That is what the Murphy administration has to believe for them to send out this piece of gripka:

Treasurer Muoio Announces New Jersey Has Paid the Full State-Funded Portion of the Pension Contribution for the First Time in More than 25 Years
Lump Sum Payment Will Now Save Taxpayers an Additional $700 Million More Than Initially Anticipated for a Total of $2.2 Billion Over 30 Years

treating $10.19 billion in Biden relief money as if it will never have to be repaid (one way or another).

Keep in mind when reading just this one excerpt below that $6.9 billion represents about six months worth of payments out of a pension system that is still accruing benefits at record levels and as of June 30, 2020 reported unfunded liabilities under GASB of $128 billion.

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The Premonition: A Pandemic Story (I)

Labeled a non-fiction thriller that pitted a group of medical visionaries against our government.

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New Great Depression

Now that politicians have declared the pandemic over what better book than one subtitled “Winners and Losers in a Post-Pandemic World”?

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Thank You Trump and NJ Accountants

New Jersey got an extra $4 billion in taxes this quarter which normally would make for a self-congratultory hearing today as the Murphy administration looks to take more bows but, for some reason, it was reported:

State Treasurer Elizabeth Maher Muoio and the OLS analysts were supposed to discuss the revenue update Wednesday at a much-anticipated Assembly Budget Committee hearing. That was to give lawmakers an opportunity to publicly pore through the latest budget forecasts. But the hearing was canceled at the last minute Tuesday.

That reason is that the explanation would need to focus on the massive PPP bailout that Trump’s people pushed through and New Jersey accountants recognizing free money when they see it. Based on personal experience…

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Christie V. Murphy Podcast Budget Battle

Last week the NJCPA IssuesWatch Podcast discussed New Jersey budget matters including this comparison:

A stat that a guest on an obscurer podcast echoed today (you may have to turn the volume up a little for this clip):

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Bunker Dispatches

One was from the federal government warning broke states not to use covid money for debt repayments and the other was from a task force releasing a report on “recommended strategies to improve health outcomes and manage costs for members of the State Health Benefits Program (SHBP) and School Employees’ Health Benefits Program (SEHBP).”

Both designed as propaganda for the masses to provide the appearance that we have representative, competent governance that respects the rule of law while ignoring the underlying perversions within the system.

For example, as relating to New Jersey:

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Latest Record Project

Variety noted that Van Morrison’s “new release, the double album ‘Latest Record Project, Vol. 1,’ spans over two hours and consists of a series of bizarre rants and blues numbers that criticize millennial culture, Facebook, the mainstream media, psychiatrists, judges and, with no apparent irony, people who bitch.” They list what they see as the “10 craziest lyrics” from the album* all of which I saw as the sanest ‘rants’ I had come across in some time. A search for the CD was fruitless but luckily and youtube came through.

Tracks in order:

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Ironic Outrage Over Favoring ‘white suburban people’

Sebatian D’Elia is a white suburban person as well as the Union County Communications Director who has a problem with ‘white suburban people’ being favored. Excerpts from the story are here but the ironic part:

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Medical Misinformation Agenda

Yes but….

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Dangers of COFIB-19

“The Moderna COVID-19 Vaccine is a vaccine and may prevent you from getting COVID-19. There is no U.S. Food and Drug Administration (FDA) approved vaccine to prevent COVID-19….The Moderna COVID-19 Vaccine may not protect everyone….The duration of protection against COVID-19 is currently unknown.”


These are excerpts from the reading material you get with the Moderna vaccine, obviously on advice of counsel, that is missing from the media propaganda to get vaccinated. But if the vaccines work then the obvious question:

Pretty much confirming that they don’t know. So what if the vaccines do not work? What’s the downside?

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