Everything posted by Sniper
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The Generator Thread
Blower is a 1/2 hp, so I believe that's approx. 9 amps running. My blower and compressor start at the same time, when the thermostat calls for "cool". I should put my two amprobes on the lines and see what they pull. That's where my concern is. If the equipment struggles to start because of the combined load, a low voltage situation can burn up components. Really don't want to burn up capacitors, and then have a non-working unit, until I can get the replacement parts. I run a EMS surge protector on my RV just for that reason. It's popular for a campground to have low voltage situations when everyone fires up their A/Cs. So, if the EMS senses low voltage, it shuts down the system, and tries later, versus letting equipment burn up due to low voltage.
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The Generator Thread
I just went back and checked, it says minimum circuit amps 24, running load amps 19. Locked rotor, 101. 3.5 ton unit. I was going to try and fire it up with my 3200 watt genny (3800 surge), on a 30 amp cord the other day, but with surge amps of the A/C unit, combined with the surge amps of the air handler, I didn't want to take the chance of burning something up. Didn't think it could handle that load.
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Second-quarter GDP plunged by worst-ever -32.9% amid virus-induced shutdown
That actually might be a good idea for some. Take the profits now, while prices are high. Based on this report, they might not stay up. ......"Fast forward to today, when the dam of pent up mortgage delinquencies cracked some more, with the Federal Housing Administration reporting that its mortgages which represent the affordable path to homeownership for many first-time buyers, minorities and low-income Americans, now have the highest delinquency rate in at least four decades. The share of delinquent FHA loans rose to 15.7% in the second quarter, up a whopping 60% from about 9.7% in the previous three months and the highest level in records dating back to 1979, the Mortgage Bankers Association said Monday." Being that many of these FHA loans are 3% downpayment, how many people will just walk away, since they have very little skin in the game? I track the houses sold in my area, and many are 3% FHA. It's rare to see anyone put down more that 5% in the last few years. These are ticking time bombs. And in other news, New Jersey is Number One!! ......."According to Bloomberg, New Jersey had the highest FHA delinquency rate, at 20%. The state also had the biggest increase in the overall late-payment rate, jumping to 11% in the second quarter from 4.7%. Following were Nevada, New York, Florida and Hawaii -- all states with a high proportion of leisure and hospitality jobs that were especially hard-hit by the pandemic, the MBA said." THANKS MURPHY!!!!!!! You made us Number One!!!!
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The Generator Thread
That's at least XX amps, not counting starting surge, my condensor pulls 19 amps running. Plus add in what the air handler fan needs, mine pulls 9 amps. Then add fridges and what ever else you want to run. Will it all exceed your 30 amp cord? Edit: calculator error.. 3200 @240 volts = 13 amps, plus surge.....
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Second-quarter GDP plunged by worst-ever -32.9% amid virus-induced shutdown
Also remember, if you sell your home NOW at a inflated price, your next house's price will also be inflated. Add in the uncertainty of employment, and not many will put their house on the market, unless they have to. Also, there's still over 30 million who've been unemployed since March, and foreclosure moratorium expired, so I expect some fire sales in the near future.
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Second-quarter GDP plunged by worst-ever -32.9% amid virus-induced shutdown
The normal business cycle is like 6 years, so yes, 7 years is way enough time for a recovery. It should happen in only a few years. Obama's recovery ran from 2009 to 2014, and the only way it happened is because the Fed dropped interest rates from around 5% to near zero. The Fed also printed over $4 Trillion in different QE programs, which juiced the market. Once the QE stopped in the end of 2014, the market and economy moved sideways for two years, until Trump won. Actually, in NJ, Single Family Listings and Sales are down YTD compared to last year. Listings are down -25%, Pending Sales down -5% and Closed Sales down -13%. What isn't down is prices, they are up +8%, due to limited inventory. http://njar-public.stats.10kresearch.com/docs/lmu/x/EntireState?src=map
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Second-quarter GDP plunged by worst-ever -32.9% amid virus-induced shutdown
The only way to compare things is to look back in history to other similar incidences. Past recessions all vary, in the length and recovery. If you recall, the last one in 2008 was called the "Great Recession", because it was way worse than many past ones. So, if the one in 2008 was considered bad, and you compare the current downturn to those numbers, what do you call THIS recession?
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Second-quarter GDP plunged by worst-ever -32.9% amid virus-induced shutdown
Why? Isn't it clear? It really doesn't matter, very few here even care about the economic and financial issues in the country. What's more important is what's being made for dinner tonight. It's all about priorities! Interesting, I see multiple recession lines on those three charts I posted?
- The Generator Thread
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Range-14 Has Reopened.... Sorta.
Dontcha know, targets and fresh air spread Covid.
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Second-quarter GDP plunged by worst-ever -32.9% amid virus-induced shutdown
I'm sure this is just a minor bump in the road, and nothing to worry about. According to S&P Global Market Intelligence, 424 companies had filed for bankruptcy as of Aug. 9. This exceeds the number of bankruptcy filing for any comparable period since 2010. S&P Global Market Intelligence’s bankruptcy analysis includes public companies or private companies with public debt. Public companies included in the list of companies with public debt must have at least $2 million in either assets or liabilities at the time of the bankruptcy filing. In comparison, private companies must include at least $10 million. This doesn't factor in any small mom and pop business, local restaurants, etc. Analysts say they expect the pace of bankruptcies to continue, with retail and small businesses facing the most pressure. John Blank, chief equity strategist for Zacks Investment Research, told S&P Market Intelligence that “brick-and-mortar retail is not gonna work out,” adding that airlines and regional banks with overexposure to retail could “blow up” without government assistance. This further undermines the narrative of a quick “v-shaped” economic recovery. Even with a cure for the coronavirus tomorrow, the economic impacts will likely drag on for months, if not years. And yet, most of the mainstream still seems convinced that with a little more stimulus and a coronavirus vaccine, everything will be just fine. But as we’ve said over and over, curing the coronavirus won’t cure the economy. And the government “help” is only making things worse in the long-run.
- The Generator Thread
- The Generator Thread
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SC allows nj to borrow 9.9B
It's funny how the Blue states had the biggest complaint about that Tax Bill and the SALT deduction, but those same Blue state governors forgot to look in the mirror, at the REAL reason why residents couldn't take that deduction... the HIGH taxes that were in place YEARS before the tax bill was passed.
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SC allows nj to borrow 9.9B
I'm sure Murphy will find some way to blame Trump for this: NJ close to dead last for economic competitiveness The economic outlook is worse for New Jersey than nearly every other state in the country, according to an annual economic competitiveness index released by a conservative think tank. In the 13th edition of "Rich States, Poor States" released Wednesday by the American Legislative Exchange Council, New Jersey ranks 48th among the states based on 15 factors considered by the organization to be "important state policy variables." Specifically, New Jersey ranks in the bottom five for its top income and corporate tax rates, along with personal income tax progressivity and the property tax burden. Although the state in 2018 eliminated its estate tax, the report still gave New Jersey the worst possible mark in that category because it still levies an inheritance tax.
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SC allows nj to borrow 9.9B
Isn't this nice, that the taxpayers will be the ones helping the government workers retain their jobs... isn't Socialism wonderful? ...."A generation of New Jersey taxpayers will most likely pay back tens of billions of dollars after the state Supreme Court unanimously ruled Wednesday that Gov. Phil Murphy could borrow money to plug an estimated $10 billion budget hole caused by the coronavirus. The ruling by New Jersey's highest court has enormous implications for a state that is already one of the most indebted nationwide, and it unburdens Murphy, a Democrat, from austere measures that could have put state employees out of work and cut deeply into social service programs. New Jersey currently has more than $200 billion in overall debt obligations — five times the amount of the state budget — and taxpayers contribute about $4 billion each year toward paying that off, according to the Treasury Department. Borrowing another $9.9 billion, as Murphy is now allowed to do, will add that annual cost to taxpayers for decades. What the hell, a few billion here, a few billion there, and before long, you're talking some real money!
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SC allows nj to borrow 9.9B
Wondering.... has Murphy been known to grovel and crawl on his knees? Where is this coming from? .....WASHINGTON, D.C. – Democrats in Congress are now rallying behind New Jersey Governor Phil Murphy, who has essentially ran his state into the ground during COVID-19, saying they won’t sign on to a new stimulus package unless there’s a bailout for New Jersey. “Democrats said, ‘Our way or the highway.’ Republicans wanted to send cash now for schools, testing, and unemployment benefits… Democrats said nobody gets a penny until Texas and Florida bailout New Jersey,” Senator Mitch McConnell said." http://www.shorenewsnetwork.com/2020/08/11/watch-democrats-wont-approve-new-round-of-stimulus-funding-until-texas-florida-bail-out-new-jersey/
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gym in belmar to open tomorrow
Where do these idiots come up with this crap?? Also from the article: ....."“Atilis Gym’s brazen conduct is abhorrent to an organized judicial system, jeopardizes the public health and the safety of New Jerseyans, and must not be tolerated,” the state Attorney General’s office has said." The gym owners don't FORCE anyone into the gym, they just unlock the door. People walk in with their own free will. Not only that, the patrons are PAYING to come in... This Democrat, intentional pissing, on the Constitution and Bill of Rights needs to stop, with these screwed up EMOTIONAL rulings!!!!!!!
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SC allows nj to borrow 9.9B
And that's why this happened: ....."The Republican tax plan’s limiting of the federal deduction for state and local taxes, plus the high cost of living in the state, led to thousands of millionaires leaving the area in 2018, according to a research firm’s new report. The report by the firm Wealth-X showed that more than 5,700 residents with liquid assets worth $1 million to $30 million left the New York-New Jersey population center last year, The Record reports. https://observer.com/2019/01/nj-politics-digest-thousands-of-millionaires-fled-the-area-in-2018/ The state needs DOUBLE that, just to balance the budget, NOW!
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gym in belmar to open tomorrow
It gets better.. Fascism at it's best... Constitution, we don't need no Constitution.... the Karens win: ......"A borough council in Camden County voted Tuesday to rescind the business license of a gym that has repeatedly defied a state order to close its doors under coronavirus restrictions. The Bellmawr council voted 5 to 1 to rescind the mercantile license of Atilis Gym after an hour-long hearing that featured comments from the gym owners’ attorney, the borough’s lawyer and council members Howard Long, the borough’s attorney, presented information about the citations issued to the gym and advised the council on what they could do about it. “If you believe this business is unsafe to your residents of Bellmawr and you believe that laws have been violated,” Long said. “You have the right...to revoke this license” https://www.nj.com/coronavirus/2020/08/town-votes-to-rescind-license-of-nj-gym-whose-owners-repeatedly-defied-coronavirus-restrictions.html
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cell phone searches
Even that doesn't matter. All those fun FREE apps you've downloaded on your phones have already sent ALL your personal data, personal information, texting history, financial information, emails, Internet searches, contact lists, geo locations, etc.... back to their respective motherships.. There's a reason those apps are FREE.... because YOU are the product being sold!
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The Generator Thread
But that WASN'T the original point of your post. Yes, anyone living in the boonies has a large propane tank to power their furnace, water heater, cooking, etc. You weren't referring to that. But, since you have a poor memory, let's recap: That infers, at the time of the outage, people should have a large above ground propane tank, to power their portable generator (since that's what we were discussing here with portable tanks). There was nothing in your comment to suggest they tap off their existing tank, which is already powering all their existing appliances. You can try to backpedal and straw man all you want, no one is buying it. But, I'm sure you know many people who do have 500# propane tanks in their backyards, just to power their portable generators, right?
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The Generator Thread
It's a 3250 watt, propane only, Generac. I get around 12 -14 hours on a tank. Rationing is the key. Like I mentioned earlier, I have 2 battery banks that I run all the low powered items off of. I only fire up the genny to get the fridges cold, and to top off the batteries, which is only an hour or two at a time. During the Winter, if it's cold, I'll also fire up the furnace at the same time. During Sandy, we would also run the washer and dryer during that same period. The rest of the time, lights, TV, radio, charging devices, etc, run off the batteries and inverters. With this method, a 20 lb. tank will last almost 3 days.
- The Generator Thread
- The Generator Thread