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Reader says You don’t build for peak use’s economics 101

Parking Walnut lot aside town garage employee spaces less than 33 perent used 330 pm weds feb 8 2017

We voted out the last Gang..perhaps those new folks have crossed the magic river of unreality .You don’t build for peak use times..economics 101.let these terrific business go bond it themselves. Once privately bonded grant them a 30 year ground leased at below market rates,.different story now?.Police don’t patrol think a rent a cop
will make this garage safe late at night..not a chance…useage goes into the can when it becomes a drug and homeless center..then the Car rental and urban blight stores open up 24 /7 for the new homeless..pretty picture
Of Potterville gone Bad..

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Economics 101 : UnitedHealth CEO regrets entering ObamaCare

obamacare_theridgewood blog

By Sarah Ferris – 12/01/15 11:05 AM EST

The CEO of UnitedHealthCare on Tuesday said he regretted the decision to enter the ObamaCare marketplace last year, which the company says has resulted in millions of dollars in losses.

“It was for us a bad decision,” UnitedHealth CEO Stephen Hemsley said at an investor’s meeting in New York, according to Bloomberg Business.

UnitedHealth, the country’s largest insurer, announced last month that it would no longer advertise its ObamaCare plans over the next year and may pull out completely in 2016 — a move that sent shockwaves across the healthcare sector.

Hemsley’s remarks double down on his earlier warning that the ObamaCare exchanges remain weaker than expected after two years and that it will take far longer for insurers to profit from the millions of new enrollees.

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Economics 101 of the Hudson Street Village Parking Garage


July 15,2015

the staff of the Ridgewood blog

Ridgewood NJ, normally we do not publish theses comments , because they lack even the most rudimentary understanding of basic economics and are an attempt to lie and mislead the public, but  from time to time we find it necessary to publish these types of comments to show how the powers that be attempt to manipulate
the local taxpayers.

“Ridgewood is being groomed for cash cow status by a handful of entrepreneurs who have invested in the old BoA building, the Old Post Office, Park West among others. They’ve spent a considerable amount of money to open establishments in the CBD, and now want to increase the foot traffic needed to make them profitable. Notice that Kidville has no parking? If the clientele is all based in CBD apartments, no parking will be needed.

I find it fascinating that the readers of this “Laissez-faire” blog have a problem with any of this. This is business at work, and the Master Plan is the only thing in the way. Or are we all NIMBY Libertarians here? Regulation is bad, unless it preserves something near and dear to our hearts? You can’t have it both ways.

Property values, especially those within walking distance of the CBD, will only go up as dining an recreation options multiply.

My only problems with the whole agenda is that it relies on New Jersey Transit’s deteriorating service to transport all the new residents to work in NYC. That, and the schools will suffer. I’m already making a backup plan for my daughter if the High School goes the way I think it will between now an when she is in 9th grade.”

This gave everyone and exceptional laugh .There is so much wrong with this comment showing the level of dishonesty that some are willing to go in an attempt to “get over”

first a definition :

ˌlesā ˈfer/

a policy or attitude of letting things take their own course, without interfering.
synonyms:noninterventionist, noninterventional, noninterfering; More

abstention by governments from interfering in the workings of the free market.
“laissez-faire capitalism”
synonyms:free enterprise, free trade, nonintervention, free-market capitalism,market forces
“an agenda that embraces the concept of laissez-faire”

Humm no where in the definition of lais·sez-faire does it say taxpayers will finance , and bear the risk for ill conceived business ventures ,in exchange for campaign donations due to changes in existing laws making these ventures possible ie the change in the master plan .

Private enterprise works because it rewards and punishes risk takes .

What you have hear is better known as Crony Capitalism

Crony capitalism is a term describing an economy in which success in business depends on close relationships between business people and government officials. It may be exhibited by favoritism in the distribution of legal permits, government grants, special tax breaks, or other forms of state interventionism.

Which the above comment carefully avoided saying  and we corrected : “you missed the Hudson county democrat machine which our mayor represents and is here to milk this town for all its got , the only business people getting deals down town are those contributing”

Our suggestion for the above poster is to move back to Hoboken , its a far better fit for the kind of place you want to live .

For those looking to enlighten themselves on basic economic theory we recommend :

Economics in One Lesson: 50th Anniversary Edition Paperback – September 25, 2008
by Henry Hazlitt  (Author), Steve Forbes (Foreword)

Available on Amazon :