What Are You Doing Right Now? (1,116 Viewers)

[swag]

That's the thing, when you write a book, clock-in at a shoe factory, or code for an internet company, the only thing you're risking is your time. If you're in the market you are risking your own capital... capital that was probably earned and taxed beforehand anyway. So what's the point in buying shares of a company when either way you're going to lose money.

It's trite, but time is money. Saying "it's only time" devalues time in a rather ridiculous manner. It's the reason we don't all change our own oil and get Mexicans to clean our toilets.

I mean, this is all ridiculous. GE didn't pay a dime in federal taxes in 2010 yet I have to pay a capital gains tax. It's garbage.

That's because GE is a better person than you are.

 

Buy on AliExpress.com

[Bjerknes]

It's trite, but time is money. Saying "it's only time" devalues time in a rather ridiculous manner. It's the reason we don't all change our own oil and get Mexicans to clean our toilets.:

But you're being paid a wage for your time.

 

[swag]

But you're being paid a wage for your time.

Not in the case if you have a patent or something to license.

 

[Enron]

Just finished reading over the new budget. It's a complete joke.

 

[Bjerknes]

This video sums up the budget problem very succinctly.

 

[ßöмßäяðîëя]

Capital Gains Taxes are a great thing.

More taxes, in all seriousness.

 

[Delle Alpi]

I wanted to check how it feels to be vegan, oh well..it sucks. I only lasted half a day and now I am enjoying my roast beef sandwich.

 

[swag]

If I watched every video posted on these forums, I would have to be unemployed.

 

[Enron]

My gripe was more along the lines of items they chose to cut. Mostly low budget items Like AIDS Prevention programs, EPA, Law Enforcement Grants, Community Healthcare programs, Ag, Federal highways, Homeland security and for whatever reason someone tagged on a rider that removed wolves from the endangered species list.

They're acting like they made some monumental change when they really just cut a bunch of low cost, useful programs so they could ignore the major issues.

 

[Delle Alpi]

If I watched every video posted on these forums, I would have to be unemployed.

the way Obama delaing with things, soon you will be able to watch every video

 

[swag]

My gripe was more along the lines of items they chose to cut. Mostly low budget items Like AIDS Prevention programs, EPA, Law Enforcement Grants, Community Healthcare programs, Ag, Federal highways, Homeland security and for whatever reason someone tagged on a rider that removed wolves from the endangered species list.

They're acting like they made some monumental change when they really just cut a bunch of low cost, useful programs so they could ignore the major issues.

Wordage. It's not about meaningful cuts. It's about reverse pork-barreling.

 

[ßöмßäяðîëя]

Da, wordage, broseppi.

 

[Bjerknes]

...Christy is the wife of John Mack, the chairman of Morgan Stanley. Susan is the widow of Peter Karches, a close friend of the Macks who served as president of Morgan Stanley's investment-banking division. Neither woman appears to have any serious history in business, apart from a few philanthropic experiences. Yet the Federal Reserve handed them both low-interest loans of nearly a quarter of a billion dollars through a complicated bailout program that virtually guaranteed them millions in risk-free income.

The technical name of the program that Mack and Karches took advantage of is TALF, short for Term Asset-Backed Securities Loan Facility. But the federal aid they received actually falls under a broader category of bailout initiatives, designed and perfected by Federal Reserve chief Ben Bernanke and Treasury Secretary Timothy Geithner, called "giving already stinking rich people gobs of money for no fucking reason at all." If you want to learn how the shadow budget works, follow along. This is what welfare for the rich looks like...

http://www.rollingstone.com/politic...-look-whos-cashing-in-on-the-bailout-20110411

Send 'em to the guillotines!

 

[ßöмßäяðîëя]

John Mack is the uncle of one of Ben and Dan's best friends.

 

[swag]

http://www.rollingstone.com/politic...-look-whos-cashing-in-on-the-bailout-20110411

Send 'em to the guillotines!

Maybe they went shopping with that money to prop up the consumer economy.

Isn't "Guillotines" a famous department store in France?

 

[Bjerknes]

Maybe they went shopping with that money to prop up the consumer economy.

Isn't "Guillotines" a famous department store in France?

I wouldn't be surprised if that was the plan. The FED and the government has done far dumber stuff.

And yeah, I hear they have one in Yamoussoukro now.

 

[Enron]

http://www.rollingstone.com/politic...-look-whos-cashing-in-on-the-bailout-20110411

Send 'em to the guillotines!

Matt Taibbi. He's what journalism ought to be.

 

[swag]

And yeah, I hear they have one in Yamoussoukro now.

Great. We're going to find our next Sissoko working the cufflinks counter there.

 

[ßöмßäяðîëя]

I want to tuck my sack and go into the Juve locker room and surprise Sissoko by telling him my name is Matteo Ferrari.

 

[GordoDeCentral]

E, time to have a muffin and enjoy the day unwind broseppi