Legend

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Viewing 15 posts - 466 through 480 (of 1,089 total)
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  • in reply to: Does having kids make you, as a parent, happy? #5504
    LegendLegend
    Keymaster

    Having kids may not make you happy, but it may make you fulfilled.  I think real, physical work is similar.  It may not make you happy while doing it, but the notion of having accomplished something is fulfilling.

    Having no kids is less complicated.  That, in and of itself, probably contributes to some notion of “happiness.”

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    Sic transit gloria mundi (so shut up and get back to work)

    in reply to: The Economy #5501
    LegendLegend
    Keymaster

    Yeah.  I will leave the test post up. If you ever have a post disappear, just post there. Every now and then posts with a lot of links get nabbed by a spam filter I can’t turn off. Unless I check it, they stay there until somebody mentions it.

    Rocky hated this bug to the point he thought I was censoring him.  I tried everything to find how to allow any post but couldn’t figure it out.

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    Sic transit gloria mundi (so shut up and get back to work)

    in reply to: Test #5483
    LegendLegend
    Keymaster

    Thanks. I will clear the queue. I don’t get notifications.

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    Sic transit gloria mundi (so shut up and get back to work)

    in reply to: Virginia #5479
    LegendLegend
    Keymaster

    Stupid and about par for the course.

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    in reply to: Biden having a rough week #5475
    LegendLegend
    Keymaster

    The Biden administration is having a rough year.

    It truly is the gang that can’t shoot straight.

    And Psaki is going from annoying mouthpiece to chief propagandist in the worst way.

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    in reply to: GR: Yellen’s Wealth Tax by any other name… #5468
    LegendLegend
    Keymaster

    Yeah, my understanding is that some of the “iconic” billionaires sitting on loads of high growth stock just make lucrative arrangements with their banks whereby they take out margin loans and live off those, while the stock appreciates.  It’s risky, but probably not so risky when you can borrow a billion dollars against a $50 billion net worth.

    While I AM suggesting a reclassification of debt to income, I actually think it’s fair to say that the guy either should pay himself or should have his debt reclassed as income on some level… In this case not the full amount but via a surtax.

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    in reply to: GR: Yellen’s Wealth Tax by any other name… #5466
    LegendLegend
    Keymaster

    Been thinking about this one.

    Why not just add a surtax to margin loans above a certain size? Wouldn’t that accomplish the wealth tax issue for the egregious cases?  As I understand it, Elon Musk doesn’t sell his stock. He just takes loans against it. Why not just raise the price of those loans via a surtax?

    haven’t thought it through but if there is a tax I like it’s taxes that tax risky or otherwise bad behavior.  I do believe that borrowing against the appreciation of a liquid asset is tantamount to creating income, and ought to be treated as such.  The same goes for all you Californians taking cash out refis on your homes that have gone up in value by a million bucks.  You aren’t musk but you are dodging the same taxes (well, kinda).

     

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    in reply to: GR: Yellen’s Wealth Tax by any other name… #5451
    LegendLegend
    Keymaster

    Wonder if they will allow for refundable deductions for unrealized capital losses…?  If not, why not?

    This is a stupid policy that will only create more confusion and avoidance.

    You want to capture large estates?  How about a massive estate tax on very large estates?  Family farms?  not if it’s worth $100 million or more.  That’s an industrial base.  Your daddy’s an industrialist.

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    in reply to: Crazy Joe’s new low, low price! #5441
    LegendLegend
    Keymaster

    And now the tax increases are teetering.   It’s no longer free, Joe!

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    in reply to: The proposed New Coersive 401(k) #5438
    LegendLegend
    Keymaster

    Anybody who invests their retirement based on ESG at the expense of investment returns increases risk vs return and likely gets what they deserve.

    The “prudent man” principle used to mean that pension managers had to invest for investment return and not for virtue signaling. I guess that is changing.

    I guess one way to look at that is the more people flow money to ESG, the higher the returns for non ESG ownership positions.

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    in reply to: Gruden #5414
    LegendLegend
    Keymaster

    And now the nfl says nothing else to see in the other 649,997 emails.

    You can’t make this up.

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    Sic transit gloria mundi (so shut up and get back to work)

    LegendLegend
    Keymaster

    When will prevailing wisdom acknowledge that blight happens in areas where rights are not protected.

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    in reply to: Plug-in cars are the future. The grid isn’t ready. #5406
    LegendLegend
    Keymaster

    It’s a “commons problem” writ large. It’s all fine while a small proportion of wealthy households plug up, but wait until everybody has to.

     

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    Sic transit gloria mundi (so shut up and get back to work)

    in reply to: The coming calamity of rising seas #5405
    LegendLegend
    Keymaster

    BD, you can’t win this one. Evidence that sea levels have been rising for 20k years is not evidence that you are not effing up the world with your SUV.

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    Sic transit gloria mundi (so shut up and get back to work)

    in reply to: Gruden #5398
    LegendLegend
    Keymaster

    Saw where the NFLPA was considering a motion to release the other 650k emails.

    My hunch is they will think about that and then decide against it.  It would be stupid.   Very stupid.

    Like it or not, there are still personal thoughts and personal emails that ought to have the benefit of the doubt when it comes to loose talk.

    While I have no doubt that Gruden has some negative stuff in his emails, I have to wonder why he was the target.  Could it be that it’s because he called Goodell an “anti football pussy?”  I think maybe so.

    and, no there are no consequences for leaks that fit the dominant narrative.

     

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Viewing 15 posts - 466 through 480 (of 1,089 total)