OP ED-"Little Timmy Wants to Know Why Nobody Likes Airplanes Anymore?

[John Pleisse]

Re: Ferguson.....be a cop, not a thug.

 

Re: Eric Garner: 71st arrest, 5th time resisting.

 

Agreeably, nobody should ever die. Not a lot of national discourse over this one:

 

http://www.politico.com/magazine/story/2014/08/what-i-did-after-police-killed-my-son-110038.html#.VMBdqC5WiMI

 

All lives matter, right? What did George Soros spend on this kid?

[BorealOne]

I thought market discipline rewarded success, and penalized failure, and that's how we determine what people are worth.

Here's a guy who convinced the board "we will make 6b in 5 years on a 1.2b takeover". instead, delivers $2 billion in operating losses in 4 years and ends the careers of 17000 people, many of whom were acquired as part of the takeover.

He's rewarded for this. His employees get shown the door with two weeks pay in lieu of notice (because we have 'socialist' laws which require such compensation.)

no, i can't make a case for why he's worth 60m severance., and I bet you can't either.

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[John Pleisse]

Childcare around here is about $6K a year. A $3K is a big dent. Big enough to go back to work and get off food stamps, even at min wage. Would be a lot smarter if it was done as a voucher instead a tax credit where one has to wait a year. Then you'd be amazed how many people would consider going back to work, even at 8 an hour instead of taking care of kids at home and collecting food stamps. I mean here you have a perfect example of something that would actually stimulate the economy and you hate it, simply because Obama proposed it. Like I said, want immediate effect, make it a voucher. 

 

In NYC... it is $30k. In Darnestown Maryland, it is $27k.

[jetdriven]

In NYC... it is $30k. In Darnestown Maryland, it is $27k.

whats going on? I mean at that kind of money you can just buy the house across the street, let someone live in it for free to watch your kids while you're at work.   That sounds like something is seriously wrong with that market.

[John Pleisse]

I thought market discipline rewarded success, and penalized failure, and that's how we determine what people are worth.

Here's a guy who convinced the board "we will make 6b in 5 years on a 1.2b takeover". instead, delivers $2 billion in operating losses in 4 years and ends the careers of 17000 people, many of whom were acquired as part of the takeover.

He's rewarded for this. His employees get shown the door with two weeks pay in lieu of notice (because we have 'socialist' laws which require such compensation.)

no, i can't make a case for why he's worth 60m severance., and I bet you can't either.

Sent from my iPhone using Tapatalk

 

If you have a unique talent and specialize in this sort of thing and bank your reputation on it, he should. Don't get mad a conservatives and people who are leaders, look for the comment box in the front of your nearest Target store.

[John Pleisse]

whats going on? I mean at that kind of money you can just buy the house across the street, let someone live in it for free to watch your kids while you're at work.   That sounds like something is seriously wrong with that market.

 

Byron, Youtube The 60 Minutes piece  "Nursery School U." It'll make you vomit.

[BorealOne]

Unique talent and specialization in wrecking companies and closing stores? Yeah, I'd pay for that.

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[AndyFromCB]

Too late. 

 

Thanks. I guess now I know how the natives must have felt. What's next, a blanket with smallpox?

[AndyFromCB]

If you have a unique talent and specialize in this sort of thing and bank your reputation on it, he should. Don't get mad a conservatives and people who are leaders, look for the comment box in the front of your nearest Target store.

 

With leaders like that, I cannot wait for another conservative president. Is a US of A ETF I can short?

[AndyFromCB]

In NYC... it is $30k. In Darnestown Maryland, it is $27k.

 

And you wonder why people have to stay at home and collect foodstamps.

[John Pleisse]

I thought market discipline rewarded success, and penalized failure, and that's how we determine what people are worth.

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No...not WE...... THEY. The board of directors of Target. Now if all contracts should be reviewed by the Canadian Parliament and be subject to a governmental hiring commission on equality and fairness, just say so. I am not being coy.

[BorealOne]

Ah - and now we are getting to the heart of it. We might think that the system is rigged, and that a culture of entitlement and rewards for failure among a certain privileged class prevails. But we don't matter, because our betters have it all figured out. Just because we still believe in consequences (because we get to experience the hard edges of economic failures through layoffs or taxpayer funded bailouts for those "too big to fail", etc) doesn't mean that they need to.

Different rules for the very rich.

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[John Pleisse]

Not to digress..... Roger Goodell is a whore. A $35,000,000 hooker. I hope Seattle literally wipes their nose in it.

[AndyFromCB]

Today I flew with a guy from a country with a socialist health care system. His father is deceased. One brother moved to Spain. While he and his sister have legally immigrated to the U S, his mother remained in their country. His mother just discovered a few months ago, she had breast cancer. She is doing well and has almost completed all her treatments. I said, "That's great!" Then he said, "thank God she had insurance." I asked, "What was that?" He said, "the socialist health care is horrible, she has always paid for private health insurance, and the insurance company took care of all her treatments."

Sorry this first-hand, true story doesn't validate your socialist philosophy, glorify big government controlled health care and demonize the insurance company ...

 

I'm going to call BS on this one because that's not how it works in Europe. Even with private insurance in Europe, you would not receive any substantial different or better care with private insurance. Private insurance only covers extras like an individual instead of shared room, etc. The basic chemo treatment would be the same, regardless. What country are we talking about. And please don't say France, because then I will really call it BS. Have no idea how things work in South America, so if that was the case, then I don't know. BTW, in most Europeans countries, even France, the health care is handled by 'insurance companies' too. France has 5, Germany like 300. No different than here with exception that everyone pays the same premium in proportion to their income. In France, it's 5%. On top of that, most employers then also offer private insurance to cover the little niceties.

 

ACA is not government healthcare, it's a small set of regulations on few outrageous practices of insurance companies plus a small subsidy for the lower middle classes. That's all. Nobody is demonizing insurance companies, but I'm not going to glorify them either. 

 

I can give thousands of examples of people in US who lost their coverage mid-treatment prior to ACA when a health insurance company just simply dropped them. Prior to ACA, it was legal. Or could never get coverage again.

[AndyFromCB]

No...not WE...... THEY. The board of directors of Target. Now if all contracts should be reviewed by the Canadian Parliament and be subject to a governmental hiring commission on equality and fairness, just say so. I am not being coy.

 

No, however I would lose not sleep if let's say W2 or like incomes over let's say, $1 cool even million were subject to 99% tax. That would put a stop to it pretty quickly. And lower the cost of childcare in NYC. You want income like that, it has to come thru dividends, not paychecks. You want dividends, you have to own the stock. You own the stock, you don't do jack ass moves. I read about Target in Canada. What a cluster fuck.

[flyboy0681]

I thought market discipline rewarded success, and penalized failure, and that's how we determine what people are worth.

Here's a guy who convinced the board "we will make 6b in 5 years on a 1.2b takeover". instead, delivers $2 billion in operating losses in 4 years and ends the careers of 17000 people, many of whom were acquired as part of the takeover.

He's rewarded for this. His employees get shown the door with two weeks pay in lieu of notice (because we have 'socialist' laws which require such compensation.)

no, i can't make a case for why he's worth 60m severance., and I bet you can't either.

Sent from my iPhone using Tapatalk

 

 

Truth be told, he wasn't rewarded but was given what the board offered him for coming to work for them. A deal is a deal.

[flyboy0681]

Byron, Youtube The 60 Minutes piece  "Nursery School U." It'll make you vomit.

 

 

True statement, I know I did.

 

The angst those parents went through when their baby wasn't "accepted" by those institutions because they felt they weren't gifted enough was simply disgusting.

[John Pleisse]

Harvard money for nursery school in Manhattan....$30-$37k a year, nevermind a lottery just to apply. I think this warps people like de Blasio to make a foolish choice in a large entitlement like pre-K. It's babysitting for the dual income families, not a head start in school.

[AndyFromCB]

Harvard money for nursery school in Manhattan....$30-$37k a year, nevermind a lottery just to apply. I think this warps people like de Blasio to make a foolish choice in a large entitlement like pre-K. It's babysitting for the dual income families, not a head start in school.

 

You see, this only proves my point that inheritance tax needs to be 100%. There is no way any of these people made their own money. Or that making money only requires large quantity of ignorance and arrogance combined. 

[John Pleisse]

No, however I would lose not sleep if let's say W2 or like incomes over let's say, $1 cool even million were subject to 99% tax. That would put a stop to it pretty quickly. And lower the cost of childcare in NYC. You want income like that, it has to come thru dividends, not paychecks. You want dividends, you have to own the stock. You own the stock, you don't do jack ass moves. I read about Target in Canada. What a cluster fuck.

 

 

I totally agree with this....oh and no signing bonuses and stock sale short of losses. Nothing like an executive who dumps stock options while the 401K of company workers takes a hit. If you are good at what you do...put your money where your mouth is. What da ya think Boreal? I am in agreement.

[flyboy0681]

Today I flew with a guy from a country with a socialist health care system. His father is deceased. One brother moved to Spain. While he and his sister have legally immigrated to the U S, his mother remained in their country. His mother just discovered a few months ago, she had breast cancer. She is doing well and has almost completed all her treatments. I said, "That's great!" Then he said, "thank God she had insurance." I asked, "What was that?" He said, "the socialist health care is horrible, she has always paid for private health insurance, and the insurance company took care of all her treatments."

Sorry this first-hand, true story doesn't validate your socialist philosophy, glorify big government controlled health care and demonize the insurance company ...

 

 

I don't know. Depending on who you speak to and their personal experience, you'll get different stories. I've spoken to locals while traveling through Europe and have heard many stories, most of them favorable. Just last weekend I had dinner with an old friend I hadn't seen in five years and we got on the subject of his health. He said he and his spouse were in London for a week when he suddenly felt ill and had to be admitted to a hospital within the city. He said the treatment he got (for diverticulitis) was on par with what he would expect at home, but he was on a "ward" with five other men and he didn't like that. In the end they discharged him but not before presenting him with a $10k bill, which he paid out of his savings.

[John Pleisse]

You see, this only proves my point that inheritance tax needs to be 100%. There is no way any of these people made their own money. Or that making money only requires large quantity of ignorance and arrogance combined. 

 

How many kids do you have?

 

I live in a neighborhood full of them. Self righteous know-it-alls, who wouldn't know how to get a job, are hyper competitive, have all day to work-out and run marathons and too much time to socialize. 50 somethings......

 

I say the opposite, give them a tax break to put it in trust for their kids, or lose it early, say 62. They channel funds in large gifts to their kids just before they kick the bucket. Usually enough time to disown a kid or two and divorce a problematic wife they've been meaning to get rid of.

[AndyFromCB]

How many kids do you have?

 

What difference does it make. 

[John Pleisse]

What difference does it make. 

 

Not judging, just to make my point.........you would work every day for them, not to end up with a family tax donation, right? That's the entire notion of parenthood, getting up everyday and working your ass off so your kids can do better than you did. Is this just a sliding virtue scale for the blue collar and poor, or is it justifiable, no matter your income? 

[John Pleisse]

Good night.... O-dark-30 tomorrow.