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giorgiolb

giorgiolb
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  • Wall Street Breakfast: Must-Know News [View article]
    RIQ,

    Alas, we're a nation of laws. What's "good for society" is merely personal opinion and subject to lively debate.

    Your point against slavery however is well taken, although one needn't go too far back in time to find a former KKK member still residing in the US senate. People have a way of turning a blind eye when the truth proves uncomfortable.

    BTW, I tend to be quite a traditionalist when it comes to my favorite sport of football (soccer), but have no problem with the 3-pointer in basketball. Do you long for peach baskets and the two-handed set shot?
    Dec 10 04:34 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    RIQ,

    So moving money to tax havens is okay now that Romney is no longer running for prez? Interesting.
    Dec 10 02:41 PM | 4 Likes Like |Link to Comment
  • Households' Balance Sheets Continue To Improve [View article]
    dhwrench,

    Ah, I'm glad you clarified that white democrats don't make racist comments against other white democrats (at least, none that you've ever heard) . You've restored my faith in human nature.
    Dec 7 03:19 PM | Likes Like |Link to Comment
  • Jobless Claims Settle Back Down [View article]
    dhwrench,

    Yes, my sarcastic answers aren't 100 percent factual, just like your factual ones aren't 25 percent factual.

    SS trust fund doesn't hold treasuries, it holds "special issues", and by special, they mean non-negotiable.

    True, any SS fix will be painless for all (except for the poor schmucks who will have to wait longer and get back pennies on the dollah). Or even worse, those who've been successful and get nothing back because of means testing.

    Speaking of research, maybe you should do some yourself and stop listening to CNBC and the left-wing choir. All is not well.
    Dec 7 03:09 PM | 1 Like Like |Link to Comment
  • Jobless Claims Settle Back Down [View article]
    dhwrench,

    Who has lifetime unemployment benefits? Everyone if the dems get their way.

    SS is running in the red since the recession and even faster with the cuts in payroll taxes. And for the millionth time, there is no surplus, congress spent it.
    Dec 7 02:20 PM | 1 Like Like |Link to Comment
  • Households' Balance Sheets Continue To Improve [View article]
    dhwrench,

    I'm not here to defend the republicans, but I will say there are a lot of reasons to hate the president when you're on the other side, no matter what other side that is. A lot of vicious things are said about every president by people of different races, that alone doesn't make them racist.

    I never have and never will deny racism, despite your back-handed compliment. It's despicable, just as hinting at racist motives where none exist is also despicable, it cheapens the real thing.

    And congrats at "never hearing" any racist comments from democrats. You probably don't get out much. Visit some inner cities, visit some work sites, go into a few bars and strike up some conversations and be prepared to be amazed.
    Dec 7 02:10 PM | Likes Like |Link to Comment
  • Jobless Claims Settle Back Down [View article]
    dhwrench,

    So true. Lifetime unemployment benefits, trillion dollar deficits, rocketing national debt, looming fiscal cliff, rising taxes, social security running in the red. All we need now is an Obama recession in the next two years and the recovery will be complete.
    Dec 7 01:39 PM | 1 Like Like |Link to Comment
  • Households' Balance Sheets Continue To Improve [View article]
    dhwrench,

    What I do know is the dems made it a priority to use the race card from the start, and by start, I mean the primaries against Hillary.

    They used that card again against the tea party...I'm sure everyone's seen all the mysterious internet pics proving the tea party is a bunch of racists. The pics quickly appeared after the tea party got rolling...but good luck in trying to find where they actually came from.

    I've been awake a lot longer than four years. I grew up in a northeastern union town, a democrat stronghold, and racism was rampant.

    I long ago grew tired of weak racist arguments designed to demonize opponents and shut down debate.
    Dec 7 12:53 PM | Likes Like |Link to Comment
  • For Want Of A Nail [View article]
    "he Administration is willing to push the country over the cliff about an issue that amounts to 2% of the deficit, and would increase aggregate revenues by only 1%."

    Sounds about right. The administration wants to parlay that "election mandate" into a crowd pleaser by punishing "the rich".... despite that the actual numbers amount to squat.

    The rank and file will be pleased, and that's what it's really all about.
    Dec 7 12:32 PM | 1 Like Like |Link to Comment
  • Households' Balance Sheets Continue To Improve [View article]
    dhwrench.

    The president's not white? Are you sure,? His mother was white...

    But like any elected politician, he'll change colors as necessary.
    Dec 7 11:44 AM | 1 Like Like |Link to Comment
  • Jobless Claims Settle Back Down [View article]
    Bush? Hasn't Obama been president the past four years?
    Dec 6 04:52 PM | 1 Like Like |Link to Comment
  • Fiscal Baby Steps Aren't Worth The Angst [View article]
    Bob,

    You're a political bulldog. I give you credit for sticking to your beautifully blued guns.

    Warren's hypocrisy on taxation isn't a touchy subject, it's not blasphemy, it's merely one of great amazement to the 99.99 percent of other investors who DO pay attention to taxes.

    And as I have said, raising marginal rates on the top one percent will add ZERO to Warren's tax bill. His salary AKA earned income is $100k, well, below the threshhold of richdom being bandied about by the dems.

    As for the difference between 15% and 20% on after-tax return, it appears you'd happily opt for the lower return, but I doubt Warren would. He drives a hard bargain, and didn't get rich by frittering away money at the margins. Besides, he'd never pay the higher rate once his accountants and tax attorneys get through shielding all his money via a host of quite legal maneuvers. I wouldn't be surprised if his tax bill goes down.

    As for having no practical effect, have you noticed all the companies running around like headless chickens, paying out special dividends and accelerating next year's dividend payments in anticipation of possible tax law changes?

    Are they just doing this for fun or do you suppose it just might reflect how taxes directly affect business and investment?
    Dec 6 12:02 PM | Likes Like |Link to Comment
  • Fiscal Baby Steps Aren't Worth The Angst [View article]
    Bob,
    Yes, we've come full circle. Buffett's preaching the message you want to hear, and nothing will shake your faith in him.

    I note that Warren's effective tax rate is even lower than that of Romney's... maybe Mitt should take some lessons in tax-reduction strategies from Warren?
    Dec 6 09:37 AM | Likes Like |Link to Comment
  • Fiscal Baby Steps Aren't Worth The Angst [View article]
    Bob,

    All your arguments are partisan ones.

    However, do you really believe that Buffett pays no attention to taxes? Really, Bob? Really?
    Dec 5 04:24 PM | 1 Like Like |Link to Comment
  • Should I Buy High-CAGR Dividend Growth Companies? [View article]
    richjoy,

    Understood. I'm just pointing out that the majority always has their own interests at heart, and the outcome generally won't be happy for those in the minority.

    But, I'm not the kingly type. Too much pomp and ceremony. I'm lobbying for the job of benevolent dictator.

    I'll keep you in mind for my minister of finance. You have a better grip on financial matters than all of the bozos in Washington.
    Dec 5 04:13 PM | 2 Likes Like |Link to Comment
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