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Old 03-22-2012, 09:50 AM   #1681
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lol @ too afraid.
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Old 03-22-2012, 10:09 AM   #1682
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Originally Posted by rleete View Post
Obama/congress has seriously screwed me again. Taxes this year are going to eat up most of the profits I made on stock when my company was bought out.
I assume you are already, but check with your FA/CPA on any possible offsets, NUA, etc. I forget the details, but I am assuming it was granted and sold as short-term (taxed at ordinary income rate in the mid-30s if it is "most of the profits").

Also, if anything, Obama and Congress saved you a bunch of money by extending the Bush tax cuts...


PS - We need a "Troll face" smiley on this board...
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Old 03-22-2012, 10:09 AM   #1683
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All I know is, if some political twit comes to my door campaigning, he/she is likely to get the Silence of the Lambs treatment.
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Old 03-22-2012, 11:44 AM   #1684
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You're going to fling fresh semen in their face?
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Old 03-22-2012, 12:04 PM   #1685
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You're going to fling fresh semen in their face?
whoa whoa whoa. we aren't all racist liberals like Tom Hanks in black face here!


oh wait you said semen, not feces. my bad.
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Old 03-22-2012, 01:17 PM   #1686
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No. I am going to throw them in a pit in my cellar. Then I am going to skin them and make a tasteful suit (double breasted) out of their hide.
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Old 03-22-2012, 01:36 PM   #1687
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Old 03-22-2012, 02:55 PM   #1688
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Originally Posted by US Treasury Press Release
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Treasury Completes Wind Down of Mortgage-Backed Securities Investment, Generates $25 Billion Positive Return for Taxpayers
3/19/2012

WASHINGTON – Today, the U.S. Department of the Treasury announced the completion of the orderly wind down of its agency-guaranteed mortgage-backed securities (MBS) portfolio, which it acquired as part of its response to the financial crisis. Overall, Treasury’s MBS portfolio generated a positive return of $25 billion for taxpayers.

Treasury invested $225 billion in MBS during 2008 and 2009 through authority provided to it by Congress under the Housing and Economic Recovery Act of 2008. These MBS purchases helped preserve access to mortgage credit during a period of unprecedented market stress. Overall, taxpayers received total cash returns of $250 billion from this MBS portfolio through sales, principal, and interest – $25 billion more than their initial investment.
[...]




Mindbender: US Treasury making a $25 billion "profit for taxpayers" is equivalent to "taxing $25 billion out of the private sector."
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Old 03-22-2012, 04:45 PM   #1689
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Old 03-22-2012, 04:53 PM   #1690
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The U.S. government has awarded appliance-maker Philips $10 million for devising an “affordable” alternative to today’s standard 60-watt incandescent bulb. That standard bulb sells for around $1. The Philips alternative sells for $50. Of course, the award-winner is no ordinary bulb. It uses only one-sixth the energy of an incandescent. And it lasts 30,000 hours–about 30 times as long. In fact, if you don’t drop it, it may last 10 years or more. But only the U.S. Government (in this case, the Department of Energy) could view a $50 bulb as cheap.
http://abcnews.go.com/blogs/business...ability-prize/



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Old 03-22-2012, 05:40 PM   #1691
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Originally Posted by Braineack View Post
I'm basing this rant on the assumption that the above is in reference to alimony.

Women want equality, to be payed the same as men for doing the same work. Excellent. If a marriage doesn't work out that sucks, really. But why the F*CK should that entitle somebody to their exes cash? (not talking about child support).
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Old 03-22-2012, 05:51 PM   #1692
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Originally Posted by Shearhead_3:16 View Post
I'm basing this rant on the assumption that the above is in reference to alimony.

Women want equality, to be payed the same as men for doing the same work. Excellent. If a marriage doesn't work out that sucks, really. But why the F*CK should that entitle somebody to their exes cash? (not talking about child support).
Women are biologically inferior, and -----s.
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Old 03-22-2012, 05:52 PM   #1693
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Old 03-22-2012, 06:02 PM   #1694
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Originally Posted by Scrappy Jack View Post



Mindbender: US Treasury making a $25 billion "profit for taxpayers" is equivalent to "taxing $25 billion out of the private sector."
Wow!!! That's an astounding 3.8% rate of return!!!

Someone subtract avg inflation over those 3 years from 3.8% - how many percentage points does that leave us with?

I wonder how much provit a decently run private company could make with $225 billion - surely, they wouldn't be able to beat that percentage above!! Way to go government!!
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Old 03-22-2012, 06:06 PM   #1695
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Originally Posted by hustler View Post
Women are biologically inferior, and -----s.
Quote:
I wish I could menstruate. If I could menstruate, I wouldn’t have to deal with idiotic calendars anymore. I’d just be able to count down from my previous cycle. Plus I’d be more in tune with the moon and the tides.

-Dwight Schrute
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Old 03-22-2012, 07:16 PM   #1696
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Wow!!! That's an astounding 3.8% rate of return!!!

Someone subtract avg inflation over those 3 years from 3.8% - how many percentage points does that leave us with?
  • I think it's closer to a 3.01% annualized number.
  • CPI (including energy and food) averaged 1.6% from 2008-09-01 through 2012-02-01 (most recent data). Ex-F&E was 1.5%

Quote:
Originally Posted by fooger03
I wonder how much provit a decently run private company could make with $225 billion - surely, they wouldn't be able to beat that percentage above!! Way to go government!!
Buying the same securities? Probably about the same amount. You could argue that should have been a Federal Reserve operation as its effects were pretty much equal to open market monetary operations - buying bonds from the private sector.

The difference is that they bought those bonds at a discount and made a profit - essentially removing $25 billion from the private sector. It was the equivalent of tightening monetary policy from that perspective.

Quote:
Originally Posted by Shearhead_3:16 View Post
I'm basing this rant on the assumption that the above is in reference to alimony.

Women want equality, to be payed the same as men for doing the same work. Excellent. If a marriage doesn't work out that sucks, really. But why the F*CK should that entitle somebody to their exes cash? (not talking about child support).
If a married couple decide together that the wife should forego or give up a career in order to be a homemaker, that could potentially put her at a significant employment opportunity deficiency. Say you have an "old school" husband who wants his wife to stay at home and be Mrs. Cleaver. A decade later, he cheats on her with his secretary.

Now, Mrs. Cleaver has to go out in to the job market in her 40s with no real practical job experience and nothing but a 20-year old bachelor's degree.
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Old 03-23-2012, 01:04 PM   #1697
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http://minnesota.publicradio.org/dis...ices-analysis/

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Old 03-23-2012, 01:36 PM   #1698
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Fails to factor in the idea that - although more US drilling might not affect pump prices, is does affect which country reaps the profits of our oil consumption. If OPEC wants the price to be $80/barrel, they're going to set the price at $80/barrel. If we double our production of oil to bring the cost down to $75/barrel, OPEC will slash it's production by 1.5% to bring it back up to $80.

But now that 1.5% that OPEC was getting is now going to US companies.

At least that's my theory.
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Old 03-23-2012, 02:23 PM   #1699
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Your theory is supported by that article actually, Foogy, and I agree with it tbh.

You'll note the article was about effects, and not causes.
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Old 03-24-2012, 01:03 AM   #1700
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http://www.traditionalvalues.us/HC_P...FUUHRQodxX2B2g

.....

What the ----? This is now an election event?
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