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Re: Jersey City's last CD/DVD/Record Store going out of business
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Quote:

corybraiterman wrote:
Quote:
You explained the problem with your current location, but what about other locations?

I don't think you understand tax writeoffs, either. Losing money to get a tax writeoff doesn't make sense.


The owner doesn't want to be in a non-mall location due to security reasons. Also moves cost a fair amount of money, and at this point, there's no sense in throwing good money after bad.

Quite frankly as to the other point, I'm just gonna hope you can read between the lines here. I know for a fact what overhead costs. I know what they sell and can make very educated guesses on how much of it they do sell. I know for a concrete fact that many stores here are not making overhead, much less any semblance of profit. I know why places like Radio Shack and New York & Co are still open - they're corporate, so one store losing rent isn't that big of a deal, just the store being open is an advertisement for the brand.

I'm sure you can make some really good guesses why a small store would stay open despite being a money drain. Figure it out.


Okay. But you contended that one of the reasons you're closing is because of the location. I get that. But if the business model is sound, it should be profitable in another location, right? If not, then maybe the business model isn't sound, and I, as well as others would contend, that it's primarily because of downloaders.

As far as tax writeoffs go, there could be a multitude of reasons that a corporate parent could keep open a branch that is losing. However, a tax write off is not one of them.

Losing money for a tax writeoff is giving someone $1 so that can give you back 25 cents (use whatever tax percentage you want). Tax writeoffs lessen the blow of a loss, but it's still a loss, and no one would prefer to have them or keep an unprofitable business open simply to generate them.

Posted on: 2012/1/28 20:50
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Re: Jersey City's last CD/DVD/Record Store going out of business
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Quote:

corybraiterman wrote:
Quote:

CSXrailfan wrote:
I guess I'll have to start going to the store at Hudson Mall, Jersey City's last last full time new and used music store?


uh... 'fraid I don't get the pun you're going for here, but ok.

Stillinjc: If the economy were better, we'd be doing just fine. Not fantastic, but we'd be making money. TONS of people were downloading just four or five years ago, and we were doing 3-4x the business we are now. There's no traffic here in this mall - it isn't just us.

My prediction on which other stores don't last the year, assuming the owners aren't just using the businesses as tax write-offs and don't care if it's losing money? The furniture store across from us, the men's store next to us, the boutique clothing store on the other side of us and the perfume store near the center of the mall.

None of those stores are affected by downloading, it's just that business is not good - people aren't shopping at this mall anymore. Combination of the neighborhood, poor public transportation compared to Newport, lack of destination stores, etc.


You explained the problem with your current location, but what about other locations?

I don't think you understand tax writeoffs, either. Losing money to get a tax writeoff doesn't make sense.

Posted on: 2012/1/28 19:46
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Re: Give Me Liberty Or Give Me PATH
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So asserting your preferences makes you a baby? Good for them.

Posted on: 2012/1/26 13:20
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Re: Chris Christie Eats...
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Quote:

ianmac47 wrote:
Quote:

teacher wrote:
hope he finds a way to sue you.


Fortunately, we don't live in a country where government can censor criticism of its officials.


After the NDAA, it's only a matter of time, right?

Posted on: 2012/1/26 13:12
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Re: 2 reported killed in car crash in Downtown Jersey City
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Quote:

heights wrote:
I am glad no one is calling this an accident because it was not, it was murder. This dope addict took out 2 useful lives. 2 family men, with careers, one had a 4 year old son the other a daughter in a university. 2 men, who made worth while contributions in our world. 2 men, one going to work the other coming home from work. Such a loss that while in the headlines will be on our minds. Unfortunately when this blows over we will go on with our lives and something similar like this will probably occur again.


Murder requires malicious intent to kill, sorry.

Posted on: 2012/1/23 1:40
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Re: in light of the terrible Grand St accident, lets join together and DEMAND SAFER JERSEY CITY!!
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What would you like done?

Posted on: 2012/1/20 2:18
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Re: Congress might cripple the free and open internet
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I don't get people who are petitioning Congress. They already know how unjust SOPA is - so what's the point?

Posted on: 2012/1/19 1:56
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Re: Congress might cripple the free and open internet
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Even further proof that we are not free.

Posted on: 2012/1/18 12:54
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Re: Whats being built?
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Quote:

MDM wrote:
Quote:

heights wrote:

I guess that will bring J.C. in full circle back to where it began. It's funny to hear of China, a communist country, having wage issues.


My wife's job requires her to deal a lot with China. Her employer has moved a lot of its manufacturing out of China (garments & textiles) due to the deteriorating situation there:

1. Inflation: The Chi-Coms have been printing money like mad to keep their economy going. China misallocated the billions in trade they received in order to keep the massive population of poor employed. Through their basically government run banking sector, they have loaned money to:

Build cities that nobody live in.
Build malls that have no stores
Subsidies inefficient state run factories that produce low quality products that nobody wants.
Build high speed rail lines that are not needed and kill their passenger.
Build sky-scrapers with steel that weighs a lot less than steel should (next major earthquake that hits a place like Shanghai will be 'interesting' to say the least).

As trade slows, the Chi-Coms just printed money to keep the whole circus running. As a result, workers wages no longer cover the basics like food. Factory owners are finding out they cannot deliver goods at prices quoted (garments are ordered over a year in advance) because they have to keep raising wages. Often, after holidays, workers simply don't come back to work, causing delays in delivery.

2. Currency Controls: The elite are exchanging Reminbi for dollars, euros, yen, and gold and leaving the country with it (same thing happened in Thailand in 1997 right before the collapse). The government has now instituted currency controls to stem the tide of foreign reserves leaving the country. As a result, the factories can't import the trims and other items they need to complete the orders (they have to pay for them with dollars, yen, euros, etc.). There is no way they can pay for the stuff. A work-around has been to setup shell companies in Hong Kong, where the currency controls don't apply.

3. The place is poisoned: China became a leader in delivering refined silicon (for solar PV panels) by skipping an expensive step... heating up the waste product (silicon tetrachloride) to 1,800 F to recycle it. Instead, it gets dumped around the plants, killing everything (it breaks down into hydrochloric acid). This has been repeated in other areas (mining). China is running out of potable water and arable land. Parts of their agriculture sector is now pollinating trees BY HAND! They managed to kill off every pollinating insect in the area. Without real tort law and property rights, a farmer sees his fields poisoned and he has no recourse.

China is going to have a very hard economic landing...


The US is doing it's best to crash the USD, too though

Posted on: 2012/1/18 4:19
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Re: Longshoremen's union rallies against plans to automate Jersey City-Bayonne port
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Quote:

JCorNYC wrote:
Ports aren't the only ones going automated....
office jobs.... almost everything that the human hands usually do , will be automated.

But the Powers-at-Be want job creation... BAH!

there will be more people without jobs because machine will take over our lives. we can blame our government for that.


You're ignoring the jobs that were created because of technology.

If technology is bad for people, we should scrap all machines and go back to an agricultural society, right?

Posted on: 2012/1/13 4:28
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Re: Man wearing headphones struck by Light Rail in Jersey City
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Hopefully he's okay..

Posted on: 2012/1/8 22:48
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Re: A Cat in Every Home Adoption Campaign Launched
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in every home?

Posted on: 2012/1/4 13:05
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Re: Do Away With Street Cleaning
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Quote:

ianmac47 wrote:
The street cleaners tend to move way too fast to really do a thorough job. Also there would be better results if people were hired to pick up trash manually as is done in many, cleaner European cities.

But as was previously mentioned, street cleaning here is not about cleaning streets, but generating revenue. If the city were worried about cleanliness, there would be more litter cans and there would be litter crews to clean up at least the commercial streets.

But when the citizens keep whining over how high their taxes are, the only option for government is to cut services to balance budgets and find alternative revenue streams.


Or, they could perform the services more efficiently.

Posted on: 2011/12/22 2:18
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Re: Jersey City towing company hit with $86,000 fine; says it will appeal
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The victims get nothing. The government gets the cash. Figures.

Posted on: 2011/12/22 2:17
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Re: Farting on train
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Quote:

On_The_3rd wrote:
Quote:

WhoElseCouldIBe wrote:
What are you supposed to do? Hold it in?


For a 15 minute train ride, yes.

Same unwritten rule applies for clipping your fingernails, brushing your hair, applying make-up, etc.

But hey, it's a city, we all mine as well live like animals shitting where we eat and having sex in public, right?


Your comparisons are weak because none of those things are bodily functions. Farting is.

Not farting gives me gas, so I'm gonna pass if I have to.

Posted on: 2011/12/16 1:38
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Re: Farting on train
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What are you supposed to do? Hold it in?

Posted on: 2011/12/15 12:12
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Re: Wayne Street Near Grove Street PATH
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Quote:

Vigilante wrote:
Quote:

WhoElseCouldIBe wrote:
Quote:

Vigilante wrote:
Quote:

JaeTea wrote:
I walk down that block every day during lunch break. I think its a lovely part of down with the historic brick faced buildings.

I've walked past that small park and see people "hanging" out there. The one day, one guy was smoking weed while the other was rolling a joint. This was like at 12 noon.

IMO, there's a lot worse they could be doing. I think people are blowing that block WAY out of proportion.


How do you think they pay for that weed? That's right, they steal stuff like GPS units from cars and just about any un-attended UPS package and anything else that isn't nailed down. People have to stop pretending that homeless drug addicts are charming and harmless. Do you people have any clue as to what is really going on in your neighborhoods?


So what's your point? People shouldn't be allowed to chill in a park?


They can chill all they want as they wait for you to leave your apartment so they can "go to work".


Um, ok.

Posted on: 2011/12/7 2:39
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Re: Wayne Street Near Grove Street PATH
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Quote:

Vigilante wrote:
Quote:

JaeTea wrote:
I walk down that block every day during lunch break. I think its a lovely part of down with the historic brick faced buildings.

I've walked past that small park and see people "hanging" out there. The one day, one guy was smoking weed while the other was rolling a joint. This was like at 12 noon.

IMO, there's a lot worse they could be doing. I think people are blowing that block WAY out of proportion.


How do you think they pay for that weed? That's right, they steal stuff like GPS units from cars and just about any un-attended UPS package and anything else that isn't nailed down. People have to stop pretending that homeless drug addicts are charming and harmless. Do you people have any clue as to what is really going on in your neighborhoods?


So what's your point? People shouldn't be allowed to chill in a park?

Posted on: 2011/12/5 3:42
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Re: Governor Christie: The War on Drugs Isn't Working
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I'm not a Christine fan but he's dead on with this. Consuming drugs shouldn't illegal. Violent crime should be.

Posted on: 2011/12/1 2:20
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Re: RIP Jersey City's Patrice O'Neal
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Quote:

VanVorster wrote:
Sorry about his untimely demise but that clip Cory was not the least bit funny/entertaining to me at all.


It was to me. 1-1.

Posted on: 2011/11/30 12:47
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