Mohan\’s Custom Tailors Reveals 3 Mistakes That Men Make With Their Suits

This post was imported from a legacy archive. Please excuse any formatting inconsistencies.

Feds Agree to Pony Up $10B for Trans-Hudson Tunnel

 — Can NJ Cover Its Share?

 

Credit: amtrak.com New Jersey commuters traveling to and from New York\’s Penn Station rely on two century-old trans-Hudson tunnels. New Jersey commuters got a jolt of good news yesterday: The federal government will cover at least half of the up to $20 billion price tag for a new trans-Hudson tunnel. That could go some way toward…

This post was imported from a legacy archive. Please excuse any formatting inconsistencies.

Man Sentenced To 30 Years In Prison For Taking Cellphone Photos While Sexually Abusing Kids

NEWARK, N.J. – A Newark, New Jersey, man was sentenced today to 360 months in prison for sexually abusing two girls and recording the conduct on his cellphone, U.S. Attorney Paul J. Fishman announced.

Justin Kinney, 26, previously pleaded guilty before U.S. District Judge Stanley R. Chesler to an indictment charging him with two counts of producing child pornography. Judge Chesler imposed the sentence today in Newark federal court.

This post was imported from a legacy archive. Please excuse any formatting inconsistencies.

CNB Hunting/Fishing News: Hook up with a striper

\"\"

by Petty Officer 2nd Class Nate Littlejohn

NORFOLK, VIRGINIA–A cluster of small boats gather toward the end of an ebb tide on a dreary November evening in Norfolk, Virginia. Fishermen, clad in rain slickers, cast their lines toward pilings and retrieve them in silence. There’s no chatter among them – an entire day spent on the water exhausted their conversations. They’re focused on one thing – their target species, the Atlantic striped bass, though nobody’s landed one today. Suddenly, the song of a reel zings out over the rushing water as a striper is hooked and begins what might be the fight for its life. \”Hooked up!\” exclaims an angler, finally breaking the silence with words they all yearn to shout. The fish peels just enough line to make a beeline for a piling, wrapping the monofilament against the barnacles plastered to it like living razor blades. The line snaps, leaving the fisherman to grieve in the gloomy dusk.

This post was imported from a legacy archive. Please excuse any formatting inconsistencies.

Leader And Supplier For Atlantic City ‘Dirty Block’ Gang Admits Role In Heroin Trafficking Conspiracy

TRENTON, N.J. – An Atlantic City, New Jersey, man today admitted engaging in a conspiracy to distribute heroin with members of the \”Dirty Block\” criminal street gang that allegedly used threats, intimidation and violence to maintain control of the illegal drug trade in Atlantic City.

Tyrone Ellis, a/k/a \”Rome,\” 33, pleaded guilty before U.S. District Judge Anne Thompson in Trenton federal court to a superseding information charging him with one count of conspiracy to distribute and to possess with intent to distribute 100 grams or more of heroin, and one count of possessing a firearm and ammunition while being a previously convicted felon.

This post was imported from a legacy archive. Please excuse any formatting inconsistencies.

CNB Comics:JEROME by Dave Wolfe

Vol. 2 No. 21 (November 15, 2015)

Editor\’s Note: Each Sunday morning we will post a weekly comic strip provided by cartoonist Dave Wolfe, age 14. Dave has been drawing since he was 5 years old, he knew he wanted to be a cartoonist at the age of 8. He’s been distributing his comics in school since 3rd grade.

(click image to enlarge) RELATED CATEGORY: Artist Dave Wolf

\"DC.Vol2.No21.life\"

This post was imported from a legacy archive. Please excuse any formatting inconsistencies.

HS Football: Gloucester High 12 Clayton 16

 NJSIAA Tournament, First Round, South Jersey, Group 1 – Football

 

Zach Bates | For NJ Advance Media CLAYTON — It was the first-ever home playoff game for the Clayton High School football team and it sure didn’t disappoint. Coming into Friday’s South Jersey, Group 1 first-round match-up with fifth-seeded Gloucester, the Clippers weren’t necessarily the favorites. Fourth-seeded Clayton certainly silenced its doubters with a 16-12 win…

This post was imported from a legacy archive. Please excuse any formatting inconsistencies.

COMMENTARY: Budgetary Dark Arts

Volume XX No.46: November 13, 2015\"\"

You’ll often hear us calling for spending to be offset. Cut wasteful spending here, eliminate an unnecessary tax expenditure there, or reform a program to save money. We’re all for it. But what passes for offsets these days are increasingly just gimmicks that create an illusion of budgetary discipline. They are the useless budgetary calories that fill you up, but give you no fiscal nourishment.

The recently passed House transportation bill provides a great example. For the moment, let’s leave aside our concerns with the fundamental failure of Congress for more than a decade to address the gap between the amount of revenue generated by the gas tax and the amount of spending lawmakers want. We wrote about that last week. Instead let’s look at the biggest pay-for in the bill – tapping the Federal Reserve capital surplus account.

As we wrote last week, this delivers a whopping $60 billion offset for increased transportation spending. And after the House modified the pay-fors, jettisoning a few they didn’t like, their offsets generated enough revenue to pay for six years of transportation funding at their preferred level or about five years at the Senate’s higher level. Or at least that is how it appeared from the Congressional Budget Office ten year score of the bill.

But let’s look a little closer at the Fed’s surplus account. In a nutshell, this account is composed of the earnings the Fed receives on its aggregate (across the twelve Federal Reserve Banks) bond holdings minus expenses. A large portion of this – to the tune of nearly one hundred billion dollars in 2014 – is remitted to the Treasury. As former Federal Reserve Chairman Ben Bernanke pointed out in a recent (really good) blog post, there is already a bit of a sleight of hand here; these earning are from interest on Treasury bonds the Fed holds, but if the Fed didn’t hold them someone else would and that interest would not be remitted to the Treasury.

But more to the point, this cash that is being counted as an offset for spending more on transportation projects is anything but an offset. That money is already heading for the Treasury, but just as general revenue, not set aside for a specific purpose. It would be as if a convenience store owner decided that revenue from Skittles sales would go to future gasoline purchases for the store. It doesn’t change the aggregate cash in the till, and it doesn’t affect gasoline costs, it just creates an artificial set-aside for already existing revenue. Except where this analogy breaks down is that Congress is planning on spending more on transportation without getting increased Skittles (Fed surplus account) revenue. That’s not an offset. That’s going to put us in a bigger fiscal hole.

This is just the latest in some of the budgetary dark arts members of both parties have inflicted on taxpayers. We have short term extensions of tax breaks (expenditures) that mask the true cost by having ten one year extensions scored each as only a one year cost. Or timing games that shift the cost to before or after (or almost entirely before or after the ten year window). Or only accounting for the federal budget on a cash basis and ignoring accrual accounting that would inform policymakers and the public on long-term liabilities. Or counting on ten years of savings to offset one or two years of spending. Or relying on outdated baselines that are demonstrably – even by budget scorekeepers like the CBO – false.

As long as we have budget scorekeeping rules there are going to be clever individuals who figure out how to get around those rules and exploit them to their gain. We’re not opposed to rules. It’s important to have consistent procedures, at least that way we can call people out trying to game the system and work to tighten the rules, like discounting offsets with a long time horizon to better measure up against short term spending. But it is also past time for Congress to play it straight with the American taxpayer. If you’re relying on gimmicks, then you don’t want to play by the rules. You want to spend or cut revenue more than you are willing to admit. One way to get a better handle on what needs to be done, is to have the CBO do one year, five year and ten year evaluations on their scores of bills. They have a tough job to do, but better understanding the pitfall and exploitation of the rules will help deliver a better product. That’s only common sense and we can’t afford less.

To learn more about Taxpayers for Common Sense and other ways you can support our work, visit our website.

Related articles
\"\"COMMENTARY: Farm Bill\’s Phantom Savings
\"\"CBO Finds 19 Million Would Become Uninsured If Health Law Repealed
\"\"Janet Yellen – Impotent
\"\"Monetary Policy: Quantitative Easing Is About to End. Here\’s What It Did, in Charts.

This post was imported from a legacy archive. Please excuse any formatting inconsistencies.

Governor Cuomo Rejects Proposed Gas Terminal Off Coast – Clean Water Action Statement

 PRESS RELEASE November 12, 2015

Today, Clean Water Action’s Campaign Director David Pringle released the following statement in regards to Governor Cuomo’s announcement to reject a proposal to build a liquefied natural gas terminal in the waters off New York and New Jersey.

This post was imported from a legacy archive. Please excuse any formatting inconsistencies.

Statement from Pentagon Press Secretary Peter Cook on U.S. strike in Libya

< U.S. DEPARTMENT OF DEFENSE > News Release View | November 14, 2015

On November 13, the U.S. military conducted an airstrike in Libya against Abu Nabil, aka Wissam Najm Abd Zayd al Zubaydi, an Iraqi national who was a longtime al Qaeda operative and the senior ISIL leader in Libya.

This post was imported from a legacy archive. Please excuse any formatting inconsistencies.