VILLAGE OF RIDGEWOOD is seeking an individual to fill the Civil Service position of P/T Assistant Personnel Technician. The Professional will assist in reviewing and making recommendations for establishment and improvement of HR policies, procedures and practices; must have exp. as HR professional in public sector as well as knowledge of Civil Service; a SPHR or PHR certification is pref’d. Send detailed cover letter and resume to: Heather Mailander, Acting Village Manager, Village of Ridgewood, 131 N. Maple Ave., Ridgewood, NJ 07450. Application deadline: 11/14/16. Village of Ridgewood is EOE.
JOB POSTING – ASSISTANT WATER SUPERINTENT
The Village of Ridgewood is seeking an Assistant Water Superintendent for the Water Distribution Facility. Qualified individual must minimally have current NJDEP W-2, and the ability to advance to W-3 or higher licenses in the future. Strong leadership skills required, as well as at least 5 years’ experience in water distribution maintenance, repair, upkeep, and operation, and at least 2 years’ supervisory experience. Please send resume and salary requirements to Sharyn Matthews, HR Director, 131 N. Maple Ave., Ridgewood, NJ 07450 [email protected]
JOB POSTING – ADMINISTRATIVE ASSISTANT
Administrative Assistant to Director of Northwest Bergen Central Dispatch, located in Ridgewood, NJ. Perform fiscal responsibilities including payroll, purchasing, processing invoices, bank statement reconciliation, and budgeting. Experience with QuickBooks preferred. Provides clerical and administrative support including preparing mailings, entering data, preparing routine documents, correspondence, spreadsheets, and reports, creating and maintaining personnel files, maintaining office supply inventory. Must possess excellent communication skills (both verbally and in writing), strong interpersonal skills, maintain confidentiality, be well organized, and able to handle several projects simultaneously. Thorough working knowledge of Microsoft Word and Excel required, as well as excellent keyboarding skills. Northwest Bergen Central Dispatch is EOE. Send resume and cover letter, to Heather Mailander, Acting Village Manager, Village of Ridgewood, 131 N. Maple Ave., Ridgewood, NJ 07450 by 11/10/16.
JOB POSTING – DISPATCH CENTER DIRECTOR
The Northwest Bergen Central Dispatch in Ridgewood, NJ, is searching for a Dispatch Center Director. Manage operations and administration of the communications center serving Ridgewood and Glen Rock, as well as other public safety jurisdictions.
Responsible for employee hiring, training, evaluation and disciplinary issues. Oversees all operational features of the Dispatch Center, including maintenance of equipment and records; develops and oversees center’s annual budget.
Minimum of a B.S. in Criminal Justice, Business Administration, Electronic Engineering, or other related field. 2 years prior experience in public safety dispatching, valid CPR cert., Emergency Medical Dispatcher Cert. and Basic Telecommunicator Cert. required. Previous supervisory experience required.
Ridgewood and Glen Rock are both EOE Employers
Send cover letter and resume, including salary requirements to:
Heather Mailander, Acting Village Manager/Village Clerk
Ridgewood NJ, Each year, parents send their sons and daughters off to college with high hopes that in four years – give or take – they will earn a degree and embark on successful careers.
But while moms and dads may fret most about grades and study habits, they can give their offspring a real boost if they also insist the students carry some of the financial burden for college, says Matt Stewart, an entrepreneur and co-founder of College Works Painting (www.collegeworks.com/about), an internship program that provides practical business experience for college students.
That means getting a job – either during the school year or over the summer break, or both.
“College students are much more invested in the experience if they have to help pay for college, rather than have mom and dad take care of everything for them,” Stewart says. “There’s a natural tendency to work a little harder on classwork when at least a part of the tuition or dorm room costs come out of your own pocket.”
But beyond that personal-responsibility aspect, it’s worth noting that businesses are seeking job candidates with real-world work experience.
“Those on-the-job lessons are invaluable,” Stewart says.
For example, interns with College Works Painting operate their own house-painting business with hands-on guidance from mentors.
The benefits for students of working their way through college include:
• A regular paycheck. The rising cost of higher education has put paying the full price of college out of reach for many parents, and scholarships and grants often provide only a small percentage of the costs. The more students can pay themselves, the lower their student-loan debt will be when they enter the workforce. • Practical experience. Nothing prepares you for work like work, Stewart says. A classroom can train students on certain skills necessary for their career choice, but on-the-job experience is just as valuable. Even if a part-time job is unrelated to career aspirations, a student might learn such skills as collaboration, time management and customer relations. • Resume enhancement. One of the weaknesses recent college graduates sometimes have is their resumes can be skimpy. A few summer jobs can help tremendously, Stewart says, giving managers who might consider hiring you more confidence that you have experience beyond listening to professorial lectures and cramming for final exams. • Additional references. Hiring managers want to talk with people who know your work habits, and while it’s nice that a favorite professor or a high school football coach is willing to say good things, it’s even better to have references who can discuss relevant job skills.
“Having any job can be beneficial, but if you can you should try to land an especially challenging job or internship,” Stewart says. “When you graduate, you’re going to face stiff competition in the job market. The more you’ve been able to stretch yourself past your comfort zone and develop new skills, the greater the odds are that you’ll be the one picked out of all the applications that come pouring in.”
About Matt Stewart
Matt Stewart is co-founder of College Works Painting (www.collegeworks.com/about), which provides business experience for thousands of college students each year. The award-winning program also offers high-quality house-painting services for homeowners.
Ridgewood NJ, Each year, parents send their sons and daughters off to college with high hopes that in four years – give or take – they will earn a degree and embark on successful careers.
But while moms and dads may fret most about grades and study habits, they can give their offspring a real boost if they also insist the students carry some of the financial burden for college, says Matt Stewart, an entrepreneur and co-founder of College Works Painting (www.collegeworks.com/about), an internship program that provides practical business experience for college students.
That means getting a job – either during the school year or over the summer break, or both.
“College students are much more invested in the experience if they have to help pay for college, rather than have mom and dad take care of everything for them,” Stewart says. “There’s a natural tendency to work a little harder on classwork when at least a part of the tuition or dorm room costs come out of your own pocket.”
But beyond that personal-responsibility aspect, it’s worth noting that businesses are seeking job candidates with real-world work experience.
“Those on-the-job lessons are invaluable,” Stewart says.
For example, interns with College Works Painting operate their own house-painting business with hands-on guidance from mentors.
The benefits for students of working their way through college include:
• A regular paycheck. The rising cost of higher education has put paying the full price of college out of reach for many parents, and scholarships and grants often provide only a small percentage of the costs. The more students can pay themselves, the lower their student-loan debt will be when they enter the workforce. • Practical experience. Nothing prepares you for work like work, Stewart says. A classroom can train students on certain skills necessary for their career choice, but on-the-job experience is just as valuable. Even if a part-time job is unrelated to career aspirations, a student might learn such skills as collaboration, time management and customer relations. • Resume enhancement. One of the weaknesses recent college graduates sometimes have is their resumes can be skimpy. A few summer jobs can help tremendously, Stewart says, giving managers who might consider hiring you more confidence that you have experience beyond listening to professorial lectures and cramming for final exams. • Additional references. Hiring managers want to talk with people who know your work habits, and while it’s nice that a favorite professor or a high school football coach is willing to say good things, it’s even better to have references who can discuss relevant job skills.
“Having any job can be beneficial, but if you can you should try to land an especially challenging job or internship,” Stewart says. “When you graduate, you’re going to face stiff competition in the job market. The more you’ve been able to stretch yourself past your comfort zone and develop new skills, the greater the odds are that you’ll be the one picked out of all the applications that come pouring in.”
About Matt Stewart
Matt Stewart is co-founder of College Works Painting (www.collegeworks.com/about), which provides business experience for thousands of college students each year. The award-winning program also offers high-quality house-painting services for homeowners.
The only common sense was reduction in the estate tax. It should be immediately eliminated if the full gas hike is immediate. Everyone I know has already changed their domicile to Florida and “self-exiled” for 182 days per year in order to preserve their money.
Forcing those with expendable income to go elsewhere for 6 months a year hurts nj economy but you can’t explain that to some moron democrat .
The gas tax massive increase will get pissed away by the democrats who control the state legislature.
The proper way to get more bang for the buck is to allow non Union construction companies to perform the work. I see the same 3 contractors doing the majority of the work.
That explains why it costs nj 2 million per mile, the most in the USA
Ridgewood NJ,Just when you thought the 2016 presidential campaign could not get any crazier ,Hillary Clinton’s new anti-Trump poster child is literally a porn star who was accused of driving the getaway vehicle for a murder attempt and later threatening to kill a judge.
Hillary Clinton brought up Alicia Machado, who won the Miss Universe pageant owned by Trump back in 1996, during the debate on Monday night, claiming that Trump once called her “Miss Piggy” because she gained a lot of weight while representing the pageant.
The irony of Clinton accusing Trump of being abusive to women is not lost on anyone familiar with the President Clinton era so called “Bimbo Eruptions ” and the Hillary run war room looking to threaten and discredit any women who dared accuse Bill Clinton of infidelity and sometimes even rape allegations .
Alicia Machado past reads like a telenovela, including being accused of acting as an accomplice in an attempted murder,threatening to kill a judge, anal porn scenes for cash and the former Miss Universe was also reportedly the baby mama for the child of a notorious Mexican drug kingpin Gerardo Alvarez-Vazquez.
So Trump called a beauty contestant not a chess master, overweight when she gained over 50 pounds after winning the Miss Universe pageant. Not only that Trump fought with the pageant that he owned to help her keep her job ; sent her to the gym and spa in an attempt to get her back in shape after she lost many endorsement deals.
We would prefer like many that we get back to talking about jobs, trade , Obamacare , immigration ,taxes you know real issues that effect even those that live in Ridgewood .
Amid growing recognition that some students are going hungry, Rutgers-New Brunswick is the latest university in New Jersey to open a food pantry
Ramen noodles. Priced around 13 cents a bag, they’ve been a staple of college life for decades, helping the archetypal “starving student” afford tuition, housing, books, and the occasional beer. But the typical shrug in reaction to this paradigm is giving way to real concern as institutions of higher learning realize that hunger on campus is a serious problem that’s hurting students’ ability to learn.
This summer, Rutgers University-New Brunswick became the latest of at least five New Jersey colleges and universities — and more than 300 nationally — to install a free food pantry on campus. So far, about 30 students have taken advantage of Rutgers’ non-perishable goods. But the need is far greater.
A couple of months back we posted 9 charts that, at least in our minds, debunked the myth of the “Obama Recovery” despite suggestions from the administration that any such efforts were just a futile attempt at “peddling fiction” (our original post: “These Are The 9 Zero Hedge Charts Showing “Obama’s Recovery” That Angered The Washington Post”).
Turns out that Harvard likes to dabble in “fiction peddling” as well:
TRANSCRIPT OF ECONOMIC SPEECH – DELIVERED TO THE ECONOMIC CLUB OF NEW YORK
Thank you for the opportunity to speak with you.
Today, I’m going to outline a plan for American economic revival – it is a bold, ambitious, forward-looking plan to massively increase jobs, wages, incomes and opportunities for the people of our country.
My plan will embrace the truth that people flourish under a minimum government burden, and it will tap into the incredible unrealized potential of our workers and their dreams.
Right now, 92 million Americans are on the sidelines, outside the workforce, and not part of our economy. It’s a silent nation of jobless Americans.
Look no further than the city of Flint, where I just visited. The jobs have stripped from this community, and its infrastructure has collapsed. In 1970, there were more than 80,000 people in Flint working for GM – today it is less than 8,000. Now Ford has announced it is moving all small car production to Mexico.
It used to be cars were made in Flint and you couldn’t drink the water in Mexico. Now, the cars are made in Mexico and you can’t drink the water in Flint.
We are going to turn this around. My economic plan rejects the cynicism that says our labor force will keep declining, that our jobs will keep leaving, and that our economy can never grow as it did once before.
We reject the pessimism that says our standard of living can no longer rise, and that all that’s left to do is divide up and redistribute our shrinking resources.
Everything that is broken today can be fixed, and every failure can be turned into a great success.
Jobs can stop leaving our country, and start pouring in. Failing schools can become flourishing schools. Crumbling roads and bridges can become gleaming new infrastructure. Inner cities can experience a flood of new jobs and investment. And rising crime can give way to safe and prosperous communities.
All of these things, and so much more, are possible. But to accomplish them, we must replace the present policy of globalism – which has moved so many jobs and so much wealth out of our country – and replace it with a new policy of Americanism.
Under this American System, every policy decision we make must pass a simple test: does it create more jobs and better wages for Americans?
If we lower our taxes, remove destructive regulations, unleash the vast treasure of American energy, and negotiate trade deals that put America First, then there is no limit to the number of jobs we can create and the amount of prosperity we can unleash.
America will truly be the greatest place in the world to invest, hire, grow and to create new jobs, new technologies, and entire new industries.
Instead of driving jobs and wealth away, America will become the world’s great magnet for innovation and job creation.
My opponent’s plan rejects this optimism. She offers only more taxing, regulating, more spending and more wealth redistribution – a future of slow growth, declining incomes, and dwindling prosperity.
The only people who get rich under Hillary Clinton’s scheme are the donors and the special interests.
In Hillary Clinton’s America, we have surrendered our status as the world’s great economy, and we have surrendered our middle class to the whims of foreign countries.
Not one single idea she has will create one net American job, or create one new dollar of American wealth for our workers. The only thing she can ever offer is a welfare check. Our plan will produce paychecks, and they’re going to be great paychecks for millions of people now unemployed.
In the course of this campaign, I have travelled all across this country and I’ve met the most amazing people. Every day, I’ve seen the goodness and character of our country, and brave citizens proudly fighting through hard times and difficult circumstances.
In many parts of our country, the hard times never seem to end. I’ve visited cities and towns in upstate New York where half the jobs have left and moved to other countries.
Politicians have abandoned these places all over our country and the people who live there.
Worse still, politicians have heaped scorn and disdain on these wonderful Americans. My opponent described tens of millions of American citizens as deplorable and irredeemable – how can Hillary Clinton seek to lead this country when she considers its citizens beyond redemption?
The hardworking people she calls deplorable are the most admirable people I know: they are cops and soldiers, teachers and firefighters, young and old, moms and dads, blacks, whites and Latinos – but above everything else, they are all American. They love their families, they love their country, and they want a better future. These are the forgotten men and women of America. People who work hard but don’t have a voice.
I am running to be their voice, and to fight to bring prosperity to every part of this country.
Too many of our leaders have forgotten that it’s their duty to protect the jobs, wages and well-being of American workers before any other consideration.
I’m not running to be President of the world. I’m running to be President of the United States – and as your President, I will fight for every last American job.
We are the nation that tamed the West, dug out the Panama Canal, won two World Wars, and put a man on the moon.
It’s time to start thinking big once again.
That’s why I believe it is time to establish a national goal of reaching 4% economic growth. In working with my economic team, we’ve put together a plan that puts us on track to achieve that goal. Over the next ten years, our economic team estimates that under our plan the economy will average 3.5% growth and create a total of 25 million new jobs. You can visit our website to see the math.
This growth means that our jobs plan, including our childcare reforms, will be completely paid-for in combination with proposed budget savings.
It will be deficit neutral. If we reach 4% growth, it will reduce the deficit.
It will be accomplished through a complete overhaul of our tax, regulatory, energy and trade policies.
Right now, under Obama-Clinton policies, the economy grew only 1.1 percent last quarter – that translates to millions of lost jobs. This is the weakest so-called recovery since the Great Depression.
Over the last 7 years, the economy grew only 2.1 percent, the slowest period in seventy years. Had the economy grown under Obama at the same rate as Reagan, it would have meant 10 million more jobs.
Perhaps most shockingly, 1 in 6 men aged 18-34 are either in jail or out of work. Meanwhile, another 2 million Hispanic-Americans have been added to the ranks of those in poverty.
On top of it all, the Obama-Clinton policies have doubled the national debt. It took more than 230 years for the United States to accumulate it’s first $10 trillion dollars in debt – it took President
Obama only eight years to add another $10 trillion.
Now, it would be one thing if that money had been used to completely rebuild our nation, our military, and our infrastructure.
Instead, the opposite happened. We doubled our debt and, in return, we have dilapidated infrastructure, failing schools, a badly depleted military, and another 14 million people who have left the workforce.
Never has so much money been spent so poorly.
But we’re going to turn that all around. Here’s how.
It begins with bold new tax reform.
As outlined in Detroit, our tax plan will greatly simplify the code and reduce the number of brackets from 7 to 3. The 3 new brackets will be 12, 25 and 33, but low-income Americans will pay no income tax at all – in fact, our plan will remove millions and millions of workers from the income tax rolls entirely.
By lowering rates, streamlining deductions, and simplifying the process, we will add millions of new jobs.
In addition, because we have strongly capped deductions for the wealthy and closed special interest loopholes, the tax relief will be concentrated on the working and middle class taxpayer. They will receive the biggest benefit – it won’t even be close.
This is a working and middle class tax relief proposal. The tax relief for these workers will be expanded by my childcare proposals that I have worked on with my daughter, Ivanka. These proposals are a central element of our comprehensive tax reform and economic growth plan.
Families will be able to fully deduct the average cost of childcare from their taxes, including stay-at-home parents. Because this deduction is capped, it will disproportionately benefit working and middle class families. The less you make, the larger a share of your income you can exclude from taxation.
Parents will also be able to enroll in tax-free dependent care savings accounts for their children or elderly relatives. Low-income households will benefit from both an Expanded Earned Income Tax Credit – in the form a Childcare rebate – and a matching $500 contribution for their savings accounts.
A married couple earning $50,000 per year with two children and $8,000 in child care expenses will save 35% from their current tax bill.
A married couple earning $75,000 per year with two children and $10,000 in child care expenses will receive a 30% reduction in their tax bill. By contrast, someone earning $5 million will receive virtually no change in their tax bill at all.
One of our greatest job creation measures is going to be our 15% business tax rate – down from the current 35% rate, a reduction of more than 40 percent. An explosion of new business and new jobs will be created. It will be amazing to watch.
We will also allow U.S.-based manufacturers to fully expense the cost of new plants and equipment.
On top of that, we will bring back trillions in business wealth parked overseas and tax it at a 10% rate. Some people say there are $2 trillion dollars overseas, I think it’s $5 trillion. By taxing it at 10% instead of 35%, all of this money will come back into our country.
We will turn America into a magnet for new jobs – and that means jobs in our poorest communities.
Next, comes regulations. One of the keys to unlocking growth is scaling-back years of disastrous regulations unilaterally imposed by our out-of-control bureaucracy.
Regulations have grown into a massive, job-killing industry – and the regulation industry is one business I will put an end to.
In 2015 alone, federal agencies issued over 3,300 final rules and regulations, up from 2,400 the prior year. Every year, overregulation costs our economy $2 trillion dollars a year and reduces household wealth by almost $15,000 dollars.
I’ve proposed a moratorium on new federal regulations that are not compelled by Congress or public safety, and I will eliminate all needless and job-killing regulations now on the books. This includes eliminating some of our most intrusive regulations, like the Waters of The U.S. Rule. It also means scrapping the EPA’s so-called Clean Power Plan which the government itself estimates will cost $7.2 billion a year. This Obama-Clinton directive will shut down most, if not all, coal-powered electricity plans in America. Remember what Hillary Clinton said? She wants to shut down the miners, just like she wants to shut down the steel mills.
We’re going to put our great miners and steel workers back to work.
Energy reform is central to our plan as well
According to the Heritage Foundation, by 2030, President Obama’s energy restrictions will eliminate another half a million manufacturing jobs, reduce economic output by $2.5 trillion dollars, and reduce incomes by $7,000 dollars per person.
Hillary Clinton wants to go even further, and her plan could cost the economy $5 trillion dollars.
A Trump Administration will lift restrictions on all sources of American energy production. According to the Institute for American Energy Resources this will: increase GDP by more than $100 billion annually add over 500,000 new jobs annually
increase annual wages by more than $30 billion over the next 7 years increase federal, state, and local tax revenues by almost $6 trillion over 4 decades increase total economic activity by more than $20 trillion over the next 40 years.
In addition, we will streamline the permitting process for all energy infrastructure projects, including the billions of dollars in projects held up by President Obama – creating countless more jobs in the process.
Finally, comes trade – the foundation for everything
America’s annual trade deficit with the world is now nearly $800 a billion a year – an enormous drag on growth.
Between World War II and the year 2000, the United States averaged a 3.5% growth rate. But, after China joined the World Trade Organization, our average growth rate has been reduced to only 2 percent.
Predatory trade practices, product dumping, currency manipulation and intellectual property theft have taken millions of jobs and trillions in wealth from our country.
It is no great secret that many of the special interests funding my opponent’s campaign are the same people profiting from these terrible trade deals. The same so-called experts advising Hillary Clinton are the same people who gave us NAFTA, China’s entry into the World Trade Organization, the job-killing trade deal with South Korea, and now the Trans-Pacific Partnership.
The verdict is in. All of the special interests that the media race to for comment have been proven wrong about every single deal they’ve promoted – every lie and every prediction has crashed upon the rocks of reality.
Our manufacturing base has crumbled, communities have been hollowed out, wages have declined, and households are making less today than they were in the year 2000.
I have proposed a detailed plan to reform our trade policies and bring vast new jobs and wealth to America. This includes the following steps:
I’m going to direct the Secretary of Commerce to identify every violation of trade agreements a foreign country is currently using to harm our workers. I will use every tool under American and international law to end these abuses, and I will use our greatest business leaders and finest negotiators – and I know who you are, many of you are in the room.
We are going to start with NAFTA, which is causing so much damage to our country.
We will entirely renegotiate NAFTA into a deal that will either be good for us or will be terminated until a brand new and productive deal can be signed.
We are also going to keep America out of the Trans-Pacific Partnership.
Next, I am going to instruct my Treasury Secretary to label China a currency manipulator, and to apply tariffs to any country that devalues its currency to gain an unfair advantage over the United States.
I am going to instruct the U.S. Trade Representative to bring trade cases against China. China’s unfair subsidy behavior is prohibited by the terms of its entrance to the WTO, and I intend to enforce those rules.
If China does not stop its illegal activities, including its theft of American trade secrets and intellectual property, I will apply countervailing duties until China ceases and desists.
Just the single action of enforcing intellectual property rules alone would add millions of new American jobs. According to the U.S. International Trade Commission, improved protection of America’s intellectual property in China would add 2 million jobs a year to the United States every single year.
We are going to stop the outflow of jobs from our country, and open a new highway of jobs back into our country.
Here is how the plan adds up. We are proposing a $4.4 trillion tax cut that will score as $2.6 trillion under a dynamic growth model, which is how taxes should be scored. This includes the childcare plan.
Our economic team has further modeled that the growth-induced savings from trade, energy and regulation reform will shave at least another $1.8 trillion off of the remaining cost.
That leaves around $800 billion dollars. This money can all be saved through simple, common sense reforms. If we save just one penny of each federal dollar spent on non-defense, and non-entitlement programs, we can save almost $1 trillion over the next decade – again this is spending that does not touch defense, and that does not touch entitlements.
If our plan exceeds the 3.5% ten-year growth average, then our jobs proposal will actually reduce the deficit. Savings will be compounded by the fact that people who are currently receiving unemployment or welfare will finally be able to find jobs.
This is the most pro-growth, pro-jobs, pro-family plan put forth perhaps in the history of our country.
This is what our new future will look like.
I am going to lower you taxes; I am going to get rid of massive amounts of unnecessary regulations, on business and in your life; I’m going to unleash American energy; I’m going to repeal and replace Obamacare; I’m going to appoint Justices to the Supreme Court who will follow the Constitution; I’m going rebuild our depleted military and take care of our vets; I’m going to save your 2nd amendment; I’m going to stop illegal immigration and drugs coming into our country, and yes, we will build the wall [Mexico will pay]; and I’m going to renegotiate our disastrous trade deals, especially NAFTA – and we will only make great trade deals that put the American worker first.
And we are going to put our miners and our steelworkers back to work. We will rebuild our roads, bridges, tunnels, highways, airports, schools and hospitals. American cars will travel the roads, American planes will soar in the skies, and American ships will patrol the seas.
American steel will send new skyscrapers into the clouds.
American hands will rebuild this nation – and American energy, harvested from American sources, will power this nation. American workers will be hired to do the job.
We will put new American metal into the spine of this country.
Jobs will return, incomes will rise, and new factories will come rushing back to our shores.
We Will Make America Wealthy Again.
We Will Make America Strong Again.
And Will Make America Great Again.
Thank you, and God Bless!
Washington DC, Legislation to end bailouts for big banks, toughen penalties for wrongdoing on Wall Street, promote economic growth, and provide desperately needed regulatory relief for small community banks and credit unions passed the House Financial Services Committee 30-26 today.
The legislation – the Financial CHOICE Act – ends the Dodd-Frank Act’s taxpayer-funded bailouts of large financial institutions; relieves banks that elect to be strongly capitalized from growth-strangling regulation that slows the economy and harms consumers; imposes tougher penalties on those who commit financial fraud; and demands greater accountability from Washington regulators.
“Democrats just voted against a bill that increases penalties against those who commit financial fraud. They just voted against a bill that ends taxpayer-funded bailouts, and they just voted against legislation that provides relief from Washington’s crushing regulatory burden for small banks, credit unions and consumers,” said Financial Services Committee Chairman Jeb Hensarling (R-TX), the sponsor of the bill.
“The bill holds Wall Street accountable with the toughest, strongest, strictest penalties ever – far greater than those in Dodd-Frank. And as recent headlines attest, obviously stronger penalties are needed. It requires banks to be well capitalized to prevent another financial crisis and puts in place the toughest penalties in history to protect consumers from fraud and deception.
“The Financial CHOICE Act will help grow the economy for all Americans, not just those at the top. It promotes strong and transparent markets to revitalize job creation in our poorest communities and ensures every American has the opportunity to achieve financial independence, no matter where they start out in life.”
The Financial CHOICE Act, which stands for Creating Hope and Opportunity for Investors, Consumers and Entrepreneurs, received strong support from community banks and credit unions, small business groups and conservative organizations. Large financial institutions did not offer their support for the bill.
Democrats on the Committee – despite having spent months criticizing the Financial CHOICE Act – refused to offer a single amendment to the bill.
For more information on the Financial CHOICE Act, visit www.financialservices.house.gov/choice/.
Organizations offering praise for the Financial CHOICE Act include the following:
“The [Financial CHOICE Act] would provide meaningful regulatory relief to help community banks foster economic and job growth in their local communities.” — Independent Community Bankers of America
“This bill provides significant regulatory relief essential to restoring economic growth. Republican members of Congress have repeatedly promised to get rid of Dodd-Frank and stop taxpayer funded bailouts. Now they have the opportunity to fulfill that promise by bringing the Financial Choice Act to a vote in the House and Senate, and sending the bill to the President’s desk.” — Heritage Action
“Chairman Hensarling’s CHOICE Act would be a win for Main Street consumers, workers and small businesses. Since Dodd-Frank was passed in 2010, access to free-checking has decreased while lobbyists’ importance has increased. The CHOICE Act helps reverse this trend.” — Main Street Growth Project
“Americans for Prosperity applauds your leadership in reining in the overbearing financial regulations that threaten growth and threaten consumer financial stability. Repealing and replacing the failed policies established in the Dodd-Frank Act will mean that Americans will have greater access to capital, which will lead to greater job growth, personal wealth, and overall economic prosperity. We are proud to support the CHOICE Act, and we urge your colleagues to support it.” — Americans for Prosperity
“….[the Financial CHOICE Act] is precisely the right combination to get the American economy moving again. The CHOICE Act offers sensible regulatory relief for qualifying institutions, protects the American taxpayer and consumer from another Wall Street meltdown, and holds federal financial regulatory agencies accountable.” — Independent Bankers Association of Texas
“….several components of this legislation target reforms specifically to facilitate investment in small business. The inclusion of these provisions and others will provide regulatory relief and modernization that will allow the private sector to fuel economic growth in our 21st century economy.” — Small Business Investor Alliance
“This is an important bill that will truly reform rules governing the financial system, encourage innovation across the system, vastly improve access to capital for entrepreneurs and small businesses, and transform a regulatory structure that lacks accountability, is too secretive, and ignores its responsibilities concerning small businesses.” — Small Business & Entrepreneurship Council
“We greatly appreciate the Chairman’s efforts in Title III of the bill to reform the Consumer Financial Protection Bureau (CFPB or Bureau). This title will help to ensure the Bureau serves as a non-partisan regulator that operates within the framework of the law by giving Congress more oversight authority, taking into account the opinions of all stakeholders, and properly weighing the impact its regulations have on the availability of credit.” — Consumer Bankers Association
“NAR is pleased that the FCA [Financial CHOICE Act] includes provisions that will enhance transparency, accountability and fairness in our financial system. As a result, the FCA will help expand financial product choice and promote economic opportunity. These provisions are an important step towards making property ownership a reality for hardworking Americans and U.S. businesses.” – National Association of Realtors
“If we want the economy to improve — if we want to give all Americans the chance to prosper again — we need to put an end to Washington’s destructive regulatory agenda once and for all. Thankfully, an increasing number of elected officials in Washington are fighting against the harmful effects and unintended consequences of these onerous regulations. Leading the fight in Congress has been House Financial Services Committee Chairman Jeb Hensarling (R-TX), who recently outlined a comprehensive plan to turbocharge the American economy. His new legislation, The Financial CHOICE Act, aims to curb regulations to create opportunity and choice for investors, consumers, and entrepreneurs nationwide.” — Conservative Coalition Letter of Support
“If signed into law, the bill would end the era of too big to fail, and would move banking and financial decisions away from Beltway and back to Main Street. This bill is balanced, meets key conservative criteria, and should continue to move through the House to final passage.” — FreedomWorks
“….[the Financial CHOICE Act] would begin the process of implementing sensible, necessary reforms to the U.S. financial system. That system has been saddled with an ineffective regulatory structure and an array of conflicting legislative and regulatory requirements that, individually or collectively, constrain growth. The Chamber believes the Financial Choice Act is a positive first step for unlocking the capital markets to better facilitate the financing of America’s economic growth and job creation.” — U.S. Chamber of Commerce
“….the CHOICE Act offers a strong alternative to Dodd-Frank and the regulatory morass it created. Rather than creating a flurry of complex rules in response to the financial crisis, Congress should have mandated higher capital requirements for financial institutions. That is why NTU is enthusiastic about the CHOICE Act’s “off ramp” from the bulk of the current Dodd Frank regulatory regime.” — National Taxpayers Union
“….the CHOICE Act and the substantial regulatory relief it provides…will generate meaningful economic and job growth in our communities.” — Mid-Size Bank Coalition of America
“….[the Financial CHOICE Act] address[es] the challenging credit conditions that home builders and home buyers continue to experience as a result of an overly zealous regulatory response to the financial crisis. NAHB appreciates your efforts to initiate regulatory reform to support a more robust recovery.” — National Association of Home Builders
“….it is vital that we take heed of any policy that claims to “fix” the voluntary actions of consumers. Price controls go against everything we stand for as a country and do nothing but redistribute wealth, damaging the lives of hardworking Americans. The first step forward is reform. The Financial CHOICE Act is that first step.” — Red State
“….the Financial Choice Act if passed will restore competition in the marketplace by removing arbitrary government price caps. Additionally, it will allow banks the ability to recoup the money they spend on fraud protection from the retailers that reap the benefit of the use of debit cards. Consumers will once again have affordable access to basic banking services, and small businesses will have the freedom to negotiate processing fees that make sense based on the type of goods they sell. In short, all true conservatives in Congress should rally behind Neugebauer and Hensarling’s bill, because it will cut back on big government red tape and allow the free market to thrive again.” — Liberty Unyielding
It’s Labor Day weekend, and despite unemployment under 5% and nearly 15 million private-sector jobs created since February 2010, nobody’s celebrating.
Workforce participation is stuck near historic lows, six million people are part-timers but want to work full time, and wage growth remains subdued.
Both presidential candidates have talked a good game about jobs and the economy, but neither addresses the real problem. The U.S. job-creation machine—once the envy of the world—is broken, because American corporations cannot create steady, well-paying jobs here in the USA while also providing maximal returns to their investors, who are really in charge.
Vetoes Legislation That Would Impede Economic Gains and Hinder Garden State Businesses
August 30, 2016
the Staff of the Ridgewood blog
Trenton, NJ , Taking action to protect New Jersey’s economic future, Governor Chris Christie today vetoed Assembly Bill No. 15, which would have raised the minimum wage to $15 per hour by the year 2021. Three years ago, New Jersey residents voted to raise the minimum wage to $8.25, along with annual adjustments based on the Consumer Price Index (CPI). This bill would have made New Jersey only the third state to adopt a $15 minimum wage.
“Despite having a constitutional mandate in place, the legislature now wants to increase the minimum wage by almost 80 percent just three years later,” said Governor Christie. “While this bill’s proposed increase surely is responsive to demands from Democrat legislators’ political patrons, it fails to consider the capacity of businesses, especially small businesses, to absorb the substantially increased labor costs it will impose, killing jobs and erasing gains of more than 275,000 private sector jobs since 2010. I cannot support a bill that undermines the positive results we have achieved in New Jersey and I am returning A-15 to the legislature with an Absolute Veto.”
Business owners would face added expenses from this substantial wage hike through increased payrolls, taxes and supply costs, leaving them with these undesirable options: laying off workers; reducing employee hours; raising prices; leaving New Jersey; or closing altogether. Other states and cities ramping up to a $15 minimum wage – California, Seattle and Washington, D.C., for example – are already seeing those negative economic impacts, from fewer jobs to increased costs for goods and services on college campuses, in restaurants and in the manufacturing sector.
Similar outcomes in New Jersey would be a significant step backward on the road to economic recovery and an affront to all of the accomplishments of our private-sector businesses over the past six-and-a-half years.
From offering $380 million in unemployment insurance tax relief to merging the State’s economic development incentive programs through the Economic Opportunity Act, Governor Christie has fought to make New Jersey more competitive and to encourage businesses not only to move to the Garden State, but also to stay here, and to expand their operations and hire new employees.
Governor Christie continues to focus on creating better paying, middle-class jobs in innovative sectors and through small business growth while continuing to build on New Jersey’s economic momentum.
Many millennials hate interacting with people, according to a new survey.
Nearly a third of people 18 to 24 prefer ordering from the drive-thru at restaurants because “they don’t feel like dealing with people,” according to a study by Ohio-based Frisch’s Restaurants, which owns and franchises 120 Big Boy Restaurants.
That’s bad news for fast-food employees.
It gives restaurant chains an added incentive to invest in automation technology, such as digital tablets that allow customers to buy food without human interaction.
Many restaurant chains, such as McDonald’s and Panera Bread, are already heavily invested in automation. Both have rolled out digital tablets at restaurants nationwide.
The technology has been praised for helping to improve customer-service speed and accuracy.But it also threatens to eventually replace human workers — especially as labor costs rise, according to analysts and labor activists.
It’s so great to be here tonight. I am honored to also be joined this evening by Governor Scott Walker, Chairman Reince Prebius, and Mayor Rudy Giuliani.
We are at a decisive moment in this election. Last week, I laid out my plan to bring jobs back to our country. Yesterday, I laid out my plan to defeat Radical Islamic Terrorism. Tonight, I am going to talk about how to make our communities safe again from crime and lawlessness.
Let me begin by thanking the law enforcement officers here in this city, and across this country, for their service and sacrifice in difficult times. The violence, riots and destruction that have taken place in Milwaukee is an assault on the right of all citizens to live in security and peace. Law and order must be restored. It must be restored for the sake of all, but most especially the sake of those living in the affected communities.
The main victims of these riots are law-abiding African-American citizens living in these neighborhoods. It is their jobs, their homes, their schools and communities which will suffer as a result. There is no compassion in tolerating lawless conduct. Crime and violence is an attack on the poor, and will never be accepted in a Trump Administration.
The narrative that has been pushed aggressively for years now by our current Administration, and pushed by my opponent Hillary Clinton, is a false one. The problem in our poorest communities is not that there are too many police, the problem is that there are not enough police.
More law enforcement, more community engagement, more effective policing is what our country needs. Just like Hillary Clinton is against the miners, she is against the police. You know it, and I know it.
Those peddling the narrative of cops as a racist force in our society – a narrative supported with a nod by my opponent – share directly in the responsibility for the unrest in Milwaukee, and many other places within our country.
They have fostered the dangerous anti-police atmosphere in America. Everytime we rush to judgment with false facts and narratives – whether in Ferguson or in Baltimore – and foment further unrest, we do a direct disservice to poor African-American residents who are hurt by the high crime in their communities.
During the last 72 hours, while protestors have raged against the police here in Milwaukee, another 9 were killed in Chicago and another 46 were wounded. More than 2,600 people have been shot in Chicago since the beginning of the year, and almost 4,000 killed in President Obama’s hometown area since his presidency began. How are we serving these American victims by attacking law enforcement officers?
The war on our police must end. It must end now!
The war on our police is a war on all peaceful citizens who want to be able to work and live and send their kids to school in safety. Our job is not to make life more comfortable for the rioter, the looter, the violent disruptor. Our job is to make life more comfortable for the African-American parent who wants their kids to be able to safely walk the streets. Or the senior citizen waiting for a bus. Or the young child walking home from school. For every one violent protestor, there are a hundred of moms and dads and kids on that same city block who just want to be able to sleep safely at night. My opponent would rather protect the offender than the victim.
Hillary Clinton-backed policies are responsible for the problems in the inner cities today, and a vote for her is a vote for another generation of poverty, high crime, and lost opportunities. I care too much about my country to let that happen. We all care too much about our country to let that happen. Good policing saves lives.
My dear friend, Rudy Giuliani, knows a thing or two about this. The policies put into place by Rudy ultimately brought down crime by 76 percent and murder by 84 percent. Think of how many families were saved, how much heartache was prevented, when police were put into communities and criminals were removed.
Imagine how many lives could have been saved, all across this country, if Democratic politicians hadn’t blocked in their cities what Rudy did in New York City? I’ll make sure we deliver safe neighborhoods here in Milwaukee, and all across this country. It’s easy for Hillary Clinton to turn a blind eye to crime when she has her own private security force. I believe all Americans, not just the powerful, are entitled to security.
Hillary Clinton has had her chance. She failed. Now it’s time for new leadership. The Hillary Clinton agenda hurts poor people the most.
There is no compassion in allowing drug dealers, gang members, and felons to prey on innocent people. It is the first duty of government to keep the innocent safe, and when I am President I will fight for the safety of every American – and especially those Americans who have not known safety for a very, very long time. I am asking for the vote of every African-American citizen struggling in our country today who wants a different future.
It is time for our society to address some honest and very difficult truths. The Democratic Party has failed and betrayed the African-American community. Democratic crime policies, education policies, and economic policies have produced only more crime, more broken homes, and more poverty.
Let us look at the situation right here in Milwaukee, a city run by Democrats for decade after decade. Last year, killings in this city increased by 69 percent, plus another 634 victims of non-fatal shootings. 18-29-year-olds accounted for nearly half of the homicide victims. The poverty rate here is nearly double the national average. Almost 4 in 10 African-American men in Milwaukee between the ages of 25-54 do not have a job. Nearly Four in 10 single mother households are living in poverty. 55 public schools in this city have been rated as failing to meet expectations, despite ten thousand dollars in funding per-pupil. There is only a 60% graduation rate, and it’s one of the worst public school systems in the country.
1 in 5 manufacturing jobs has disappeared in Milwaukee since we fully opened our markets to China, and many African-American neighborhoods have borne the brunt of this hit.
To every voter in Milwaukee, to every voter living in every inner city, or every forgotten stretch of our society, I am running to offer you a better future.
The Democratic Party has taken the votes of African-Americans for granted. They’ve just assumed they’ll get your support and done nothing in return for it. It’s time to give the Democrats some competition for these votes, and it’s time to rebuild the inner cities of America – and to reject the failed leadership of a rigged political system.
I’m not part of the corrupt system. In fact, the corrupt system is trying to stop me. I’ve been paying my own way. The voters in the Republican Party this year defied the donors, the consultants, the power brokers, and choose a nominee from outside our failed and corrupt and broken system.
The other party – the Democratic Party – nominated the personification of special interest corruption. The Democratic Party rigged the nomination to give it to Hillary Clinton, thus giving the soul of their party this year to the special interests.
I am running to listen to your voice, to hear your cries for help. The quiet voices in our society, not the loudest demonstrators, need to have their demands heard.
Jobs. Safety. Opportunity. Fair and equal representation. We reject the bigotry of Hillary Clinton which panders to and talks down to communities of color and sees them only as votes, not as individual human beings worthy of a better future. She doesn’t care at all about the hurting people of this country, or the suffering she has caused them.
The African-American community has been taken for granted for decades by the Democratic Party. It’s time to break with the failures of the past – I want to offer Americans a new future. It is time for rule by the people, not rule by special interests.
Every insider, getting rich off of our broken system, is throwing money at Hillary Clinton. The hedge fund managers, the Wall Street investors, the professional political class.
It’s the powerful protecting the powerful.
Insiders fighting for insiders.
I am fighting for you!
When we talk about the insider, who are we talking about? It’s the comfortable politicians looking out for their own interests. It’s the lobbyists who know how to insert that perfect loophole into every bill. It’s the financial industry knows how to regulate their competition out of existence. The insiders also include the media executives, anchors and journalists in Washington, Los Angeles, and New York City, who are part of the same failed status quo and want nothing to change.
Every day you pick up a newspaper, or turn on the nightly news, and hear about how some banker or some Washington insider says they oppose our campaign. Or some encrusted old politician says they oppose our campaign. Or some big time lobbyist says they oppose our campaign.
I wear their opposition as a badge of honor. Because it means I am fighting for REAL change, not just partisan change. I am fighting – all of us across the country are fighting – for peaceful regime change in our own country. The media-donor-political complex that’s bled this country dry has to be replaced with a new government of, by and for the people.
The leadership class in Washington D.C., of which Hillary Clinton has been a member for thirty years, has abandoned the people of this country.
I am going to give the people their voice back. Think about it. The people opposing our campaign are the same people who have left our border open and let innocent people suffer as a result.
The people opposing our campaign are the same people who have led us into one disastrous foreign war after another. The people opposing our campaign are the same people who lied to us about one trade deal after another.
Aren’t you tired of a system that gets rich at your expense?
Aren’t you tired of big media, big businesses, and big donors rigging the system to keep your voice from being heard?
Are you ready for change?
Are you ready for leadership that puts you, the American people, first? That puts your country first? That puts your family first? Let’s talk about what this means for the inner cities of America.
It’s time to break through the television noise, the entrenched interests. I understand that a lot of powerful people in our political system – a lot of people who’ve created our problems – will lose a lot of their contracts, and their special gigs, if African-American voters, and all minority voters, support my campaign.
It’s time to stop making the special interests rich. It’s time to make the American people rich.
I am going to Make America Wealthy Again.
The Democratic Party has run every inner city in this country for 50 years, and run them into financial ruin.
They’ve ruined the schools.
They’ve driven out the jobs.
They’ve tolerated a level of crime no American should consider acceptable.
Violent crime has risen 17% in America’s 50 largest cities last year. Killings of police officers this year is up nearly 50 percent. Homicides are up more than 60% in Baltimore. They are up more than 50% in Washington, D.C.
This is future offered by Hillary Clinton. More poverty, more crime, and more of the same. The future she offers is the most pessimistic thing I can possibly imagine. It is time for a different future.
Here is what I am proposing.
First, on immigration. No community in this country has been hurt worse by Hillary Clinton’s immigration policies than the African-American community. Now she is proposing to print instant work permits for millions of illegal immigrants, taking jobs directly from low-income Americans. I will secure our border, protect our workers, and improve jobs and wages in your community. We will only invite people to join our country who share our tolerant values, who support our Constitution, and who love all of our people.
On trade, I am going to renegotiate NAFTA, stand up to China, withdraw from the TPP, and protect every last American job. On taxes, I am going to give a massive tax cut to every worker and small business in this country, bring thousands of new companies and millions of new jobs onto our shores – and make it very difficult for our businesses to leave. I am going to reform our regulations so jobs stay in America, and new businesses come to America to hire workers right here in Milwaukee. Every policy my opponent has sends jobs overseas. I am going to bring trillions in new wealth back to the United States.
On education, it is time to have school choice, merit pay for teachers, and to end the tenure policies that hurt good teachers and reward bad teachers. We are going to put students and parents first. Hillary Clinton would deny opportunities to millions of young African-American children, just so she can curry favor with the education bureaucracy. I am going to allow charter schools to thrive, and help young kids get on the American ladder of success: a good education, and a good-paying job.
On crime, I am going to support more police in our communities, appoint the best prosecutors and judges in the country, pursue strong enforcement of federal laws, and I am going to break up the gangs, the cartels and criminal syndicates terrorizing our neighborhoods. To every lawbreaker hurting innocent people in this country, I say: your free reign will soon come crashing to an end.
On healthcare, we are going to get rid of Obamacare – which has caused soaring double-digit premium increases – and give choice to patients and consumers. Aetna, just today, announced they are dropping out – as are many of the major insurance companies.
On government corruption, I am going to restore honor to our government. We’ve seen the corruption of Hillary Clinton, the mass email deletions, the pay-for-play at the State Department, the profiteering, the favors given to foreign corporations and governments at your expense. We’ve seen a former Secretary of State lie to Congress about her illegal email scheme, risk innocent American lives, and bring dishonor onto our government. In my Administration, I am going to enforce all laws concerning the protection of classified information. No one will be above the law. I am going to forbid senior officials from trading favors for cash by preventing them from collecting lavish speaking fees through their spouses when they serve.
I am going to ask my senior officials to sign an agreement not to accept speaking fees from corporations with a registered lobbyist for five years after leaving office, or from any entity tied to a foreign government. This is all just the beginning.
We are going to make this a government of the people once again. This is our chance to take back power from all the people who’ve taken it from you. The reason you see the establishment media lining up behind my opponent is because they are scared that you, with your vote, can take away their power and return it to your family and community.
These are tough times. But I know we can make American Greater Than Ever Before. To do this, we are going to need a fighter in the White House. I will be your fighter.
To defeat crime and Radical Islamic Terrorism in our country, to win trade in our country, you need tremendous physical and mental strength and stamina. Hillary Clinton doesn’t have that strength and stamina. She cannot win for you.
Most importantly, she has bad judgment. Bad judgment on terrorism, bad judgement on foreign policy, bad judgment on trade. The only individuals she’s ever delivered for is her donors – not the people.
I’ve said it before, and I’ll say it again. My opponent asks her supporters to repeat three-word pledge.
Her pledge reads: “I’m With Her.” I choose to recite a different pledge. My pledge reads: “I’m With You – the American people.”
I will fight to ensure that every American is treated equally, protected equally, and honored equally. We will reject bigotry and hatred and oppression in all of its forms, and seek a new future of security, prosperity and opportunity – a future built on our common culture and values as one American people.
I am asking for your vote so I can be your champion in the White House. We will once again be a country of law and order, and a country of great success.
To every parent who dreams for their children, and to every child who dreams for their future, I say these words to you tonight: I’m with you, I will fight for you, and I will win for you.
Together, We Will Make America Strong Again.
We Will Make American Safe Again. And We Will Make America Great Again.
Ridgewood NJ, More than a quarter million jobs were added to the U.S. economy in July, and the official unemployment rate remained unchanged at just under 5%, according to the latest jobs report from the Bureau of Labor Statistics. However, some of these jobs were undesired part-time positions, and the official unemployment rate often gives an incomplete picture of the nation’s labor market.
24/7 Wall St. reviewed the underemployment rate in every state. Nevada is the hardest state in which to find full-time work, with an underemployment rate of 13.1%. South Dakota is arguably the best state for job seekers, with an underemployment rate of 5.0%.
Click here to see the easiest (and hardest) states to find full-time work.
New Jersey ranked 25 among the states. Right in the middle of the pack. While the state’s unemployment rate dropped to 5.1 percent in June, if you add people who are either discouraged or underemployed, the rate rises to 9.6 percent, but that’s down from 11.9 percent a year earlier.
“Nearly every industry in New Jersey expanded over the last year,” the report said. “The trade, transportation, and utilities sector accounted for nearly a third of the growth, adding 20,800 workers.
New Jersey was ranked between Wyoming (No. 24) and Ohio (No. 26).
