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Elon Musk learns “Twitter Is Not A Real Place” as Twitter vote over $21bn Tesla share sale Goes Awry

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the staff of the Ridgewood blog

Ridgewood NJ, Elon Musk has asked his Twitter followers to vote on whether he should sell 10% of his Tesla shares. The poll is a response to a proposed billionaires tax, which may see billionaires paying taxes on unrealized gains even if they do not sell any stock. Critics of the law argue that the value of assets does not always go up. Musk does not receive a cash salary or any bonuses, so the only way for him to pay tax is to sell stock. He has an option that expires in August next year to buy 22.86 million Tesla shares at $6.24 each.  Elon Musk should have taken Comedian Dave Chappelle advise ,” Twitter Is Not A Real Place”. 

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Regeneron Pharmaceuticals REGEN-COV reduced the risk of developing COVID-19 by 81.5%

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the staff of the Ridgewood blog

Ridgewood NJ, Regeneron Pharmaceuticals on November 8 announced positive results from a Phase 3 clinical trial of its combination monoclonal antibody REGEN-COV for SARS-CoV-2 prevention. The trial—jointly run with the US National Institute of Allergy and Infectious Diseases (NIAID)—enrolled SARS-CoV-2-negative individuals who lived in the same household as someone who tested positive for SARS-CoV-2 within the prior 4 days. Participants received either one 1,200mg dose of REGEN-COV, administered via 4 subcutaneous injections, or a placebo.

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Pfizer Antiviral Pill to Treat COVID-19 Reduced the Risk of COVID-19-related Hospitalization or Death

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the staff of the Ridgewood blog
Ridgewood NJ, Pfizer announced last week that its investigational antiviral pill to treat COVID-19 reduced the risk of COVID-19-related hospitalization or death from any cause by 89% when compared to a placebo among patients treated within 3 days of symptom onset. The planned interim results come from a Phase 2/3 clinical trial examining the pill—which is called Paxlovid and is taken in combination with an older antiviral named ritonavir—among COVID-19 patients recovering at home who are at high risk of developing severe disease. The company said it plans to submit the data to the US FDA as soon as possible to request emergency use authorization (EUA) for the antiviral. This is the second oral pill that has shown positive results in clinical trials for treating people with COVID-19 at home and could help alleviate the strain of the pandemic on hospitals. The other antiviral, molnupiravir, being developed by Merck and Ridgeback Biotherapeutics, reduced the risk of hospitalization and death by about half, and UK regulators granted conditional authorization to the pill last week. Clinical trial data for both drugs have not yet been peer-reviewed or published in a journal.

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Despite Emergency Stay The Biden Administration said Employers Should Move Forward with the Vaccine Mandate

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the staff of the Ridgewood blog

Washington DC, the Biden administration  on November 5 released an interim final rule regarding SARS-CoV-2 vaccination for private employers with 100 or more workers in an effort to increase vaccination rates among the US population. The next day, the US Court of Appeals for the Fifth Circuit in New Orleans granted an emergency stay of the federal Occupational Safety and Health Administration (OSHA) temporary emergency rule that employees of those companies be fully vaccinated by January 4 or be required to undergo weekly testing, although it is unclear whether the stay is applicable nationwide or only in those states under the court’s jurisdiction.* According to the 3-judge panel, the petitioners bringing the request—including 5 states, all led by Republican governors, and various companies—”give cause to believe there are grave statutory and constitutional issues with the Mandate.”

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COVID 19 Infection Long Term Negative Health Effects Associated with Persistent Anosmia, Loss of Smell

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the staff of the Ridgewood blog

Ridgewood NJ, a major health concern of Americans is whether COVID 19  infection can lead to long term negative health effects. The Journal of the American Medical Association published large, elegantly designed French study that analyzed the association between purported long COVID symptoms and “self-reported” COVID versus serologically confirmed COVID. The results: “A serology test result positive for SARS-COV-2 was positively associated only with persistent anosmia,” that is a loss of smell.

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Democrat “Infrastructure” Bill will Hurt Economic Mobility of Women and Minorities

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the staff of the Ridgewood blog

Ridgewood NJ, the $1.2 trillion “infrastructure” bill rammed through the House last Friday includes a multi-billion slush fund that will allow the Biden Transportation Department to bypass the states and spend the money at his discretion — because he is so knowledgeable about transportation having served as the Mayor of South Bend, Indiana. United States Secretary of Transportation Pete Buttigieg will be able to allocate these funds for such projects as combatting climate change and righting the “inequities caused by past transportation projects.” He thinks federal transportation policy has been systemically racist.

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Older workers who dropped out of the workforce when Covid hit have not come back

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the staff of the Ridgewood blog

Ridgewood NJ, the labor force participation rate  remains at or near an all-time low. The USA  is more than four million jobs below where we were PRE-COVID A big part of the problem,  is that government welfare programs are providing generous benefits that can match the financial rewards from working.

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Village of Ridgewood Facebook Self-righteous Vitriol and Bigotry Reach New Heights

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the staff of the Ridgewood blog
Ridgewood NJ, periodically the Facebook self-righteous crowd ( the same group of people who voted to eliminate the school budget vote in a town that brags about a tradition of excellence) )decides to bash the Blog.  “Ooooh,” they cry, in righteous indignation, “people on the Blog are so mean.”  “Posters on the Blog are anonymous so their opinions are worthless.:”  “Blog posters are bullies.”  And an all-time favorite – “I never read the Blog.”

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Producer Price Index Fans Inflation Fears Increasing at and Annualized Rate of 6.2%

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the staff of the Ridgewood blog

Ridgewood NJ, the Producer Price Index (PPI) for final demand increased 0.6 percent in October, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices moved up 0.5 percent in September and 0.7 percent in August. (See table A.) On an unadjusted basis, the final demand index rose 8.6 percent for the 12 months ended in October.

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Two Fairlawn Youths Alleged to be Glen Rock and Ridgewood Graffiti Artists

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the staff of the Ridgewood blog

Glen Rock NJ, Glen Rock Police have identified two Fair Lawn teenagers as those who were  responsible for graffiti at a business along the 500 block of Broad Street and the Maple Avenue railroad underpass.

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Robinhood Reports Hacker Breach Accessed to Data for 7 million Customers

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the staff of the Ridgewood blog

Ridgewood NJ, Personal data for more than 7 million Robinhood customers was accessed during a data breach on November 3. The attacker attempted to extort the company after the attack was contained. No social security, bank account, or debit card numbers appear to have been exposed and the affected customers didn’t lose any funds in the incident. The attacker obtained a list of emails for around 5 million people. Around 310 people had additional personal information exposed, and about 10 customers had more extensive account details revealed. The company is in the process of notifying those who have been affected.

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Northvale Alleged Sledgehammer Killer Deemed, “Too dangerous to release”

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the staff of the Ridgewood blog

Northvale NJ, a Bergen County judge on Friday declared Christian Giron, who allegedly bludgeoned his female co-worker to death with a sledgehammer, too dangerous to release following the Northvale killing in late October.

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Glen Rock and Ridgewood Police Search for Car Thief Leads to Return of 2018 BMW

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the staff of the Ridgewood blog

Glen Rock NJ, Monday October 25th at 12:02 AM , Glen Rock Police patrols responded to assist the Ridgewood Police Department in investigating a report of individuals attempting to gain entry to vehicles in their community. During the course of canvassing the area, a 2018 BMW, stolen from a Glen Rock residence the day before, was observed in the area. The vehicle was subsequently found on E. Glen Ave. in Ridgewood where it had crashed, and the occupants fled on foot.  The vehicle was impounded and processed for any latent evidence.

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Three thoughts about New Jersey’s 2021 General Election

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by Derek Michalski

Upper Saddle River NJ, in the end, pollsters failed to accurately forecast the election (so badly that many issued public apologies). As of November 8, 2021, Ciattarelli is trailing by 2.6% with 98% of expected vote in.

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BERGEN COUNTY TO OFFER VETERANS AND ACTIVE DUTY SERVICE MEMBERS FREE ROUNDS OF GOLF IN HONOR OF VETERAN’S DAY

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the staff of the Ridgewood blog

Hackensack NJ, Bergen County Executive Jim Tedesco and the Board of County Commissioners announce that all Bergen County veterans and active duty service members can enjoy a free round of golf at any of the County’s six golf courses on Thursday, November 11th and Friday, November 12th. This is an opportunity the County of Bergen offers each year as a way to express gratitude towards those who have served our nation.

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