Long Weekend Roundup: Barron's Is Dead Wrong on Oil [View article]
phil, you really need to get out of New York. Try the rest of America- you know, "flyover country", to see how others think. Not everyone here wishes to be a leech. Sixty or seventy years of welfare and some families are still on it. Pahleeeze...
uuumm, no. actually, it's your boy spending all the $$$. what exactly is a "wealthy tax"? trillions/thousands/te... thousands. a little loose with the numbers aren't you? Typical lib...
The Obama administration is considering a plan to tax drivers on the amount of miles they drive. The tax could be enforced by installing equipment in vehicles to track usage, and payments could be made at service stations. [View news story]
Stop stealing gas tax money for stupid pet projects like bike lanes in the middle of highways, dumbass streetcars that can't fund themselves on a sustained basis (see Cincinnati), etc. There is a reason why those things disapeared 60 years ago...
The Obama administration is considering a plan to tax drivers on the amount of miles they drive. The tax could be enforced by installing equipment in vehicles to track usage, and payments could be made at service stations. [View news story]
The Obama administration is considering a plan to tax drivers on the amount of miles they drive. The tax could be enforced by installing equipment in vehicles to track usage, and payments could be made at service stations. [View news story]
tiger- he owns it for the reason that it's what he wants to drive. This is still a free country, isn't it? Why don't you just ride a bicycle so that there's more gas available for me?
Phil's Liberal Rant of the Week - Taxes! [View instapost]
Phil, I paid my own way through undergrad and grad school. At times, I put tuition on my credit card. I recall talking about charging my tuition with a coworker(working in a hospital) and having one of the nearby MDs giving me a look of derision for having to do so. Guess what? I survived. I hold an MBA today. I did it on my own and so should most others. I make my own way through life and chose my path- for better or worse, I will deal with my self generated results. Rugged individualism built this country, not the nanny state. As for the government being the best way to run things, what a joke. You forget that the government serves at OUR pleasure- not the other way around. With no profit motive, there is no incentive for the gov't to do anything decently. Exhibit A is the setup of our federal reserve. Why do we even have it? Why not have money printed and managed by the treasury? Cut out the self dealers that only help their buds... I lived in NYC/LI in the 60's/70's. I saw the "wonders" that government could produce. That's why I live in the Cincinnati area today. I hate to say it, but I see the same ossification now occurring here- unfunded grandiose mass transit schemes, pushes to move section 8 housing out of the inner city to suburban neighborhoods, tax breaks for favored groups, etc. Oh yeah, that's what got me started- your statement that the purpose of taxes is to set social agendas. WRONG! Taxes should ONLY be used to raise revenue. Anything beyond is more liberal claptrap. Oh yeah- I think I am owed a free/ severely discounted (say $2/month) subscription to your website. Why not? I know you make more money than I...
Phil's Liberal Rant of the Week - Taxes! [View instapost]
harvardbiz=sourgrapes/ bitter/ anothertaker. Come to the US, make your dough and then move on and whine about all the things you don't like- why did you not stay in your own country if this one sucks so bad? Good riddance. I for one could give a s**t about your leaving!
What, Me Worry Wednesday – Fitch Warns on China [View instapost]
I notice the dept of labor does not include taxes in it's little wheel of expenditures... Gee, could it be because we would see that about 40% of our income goes to paying taxes even as the PTB drive us ever deeper into debt?
Equity Valuations Are Forming the Second Biggest Bubble in U.S. History [View article]
Jason- nice post. I did not see the politics referred to above, but it could be because I have had the same concerns. I don't know, maybe too much hanging around on zerohedge, maybe politics to some degree although I try to not let politics color my investment outlook on things. Either way, I tend to have the same concerns and have been out of equities and only trading oil etfs for some $$$. Just gotta balance opportunity loss vs risk of capital loss...
coco is coocoo- at are you even a real person, or one of those fake names/avatars that i've been reading about that the obamites have been flooding blogs, facebook, twitter etc with? This is a website about improving ones investing return, not some dopey political hack site- except for phils political drivel...
A Sobering Perspective on China's High Speed Rail [View article]
larry- I agree with much of what you say. However, rail is subject to weather. Look at the cancellations on LIRR and MetroNorth trains (NYC area) during the snowstorms this winter. Also Amtrak NE corridor affected as well... How much due to weather and how much to shoddy maintainence, who knows?
Long Weekend Roundup: Barron's Is Dead Wrong on Oil [View article]
The economy is at a "tipping point," with a "substantial" probability the U.S. could lurch again into recession, Robert Shiller says. The economy, now "immune to Keynesian crack," has deteriorated to the point where "when the demand isn't there, you can lower interest rates all the way to zero and people are still not willing to spend." [View news story]
The Obama administration is considering a plan to tax drivers on the amount of miles they drive. The tax could be enforced by installing equipment in vehicles to track usage, and payments could be made at service stations. [View news story]
The Obama administration is considering a plan to tax drivers on the amount of miles they drive. The tax could be enforced by installing equipment in vehicles to track usage, and payments could be made at service stations. [View news story]
The Obama administration is considering a plan to tax drivers on the amount of miles they drive. The tax could be enforced by installing equipment in vehicles to track usage, and payments could be made at service stations. [View news story]
Phil's Liberal Rant of the Week - Taxes! [View instapost]
As for the government being the best way to run things, what a joke. You forget that the government serves at OUR pleasure- not the other way around. With no profit motive, there is no incentive for the gov't to do anything decently. Exhibit A is the setup of our federal reserve. Why do we even have it? Why not have money printed and managed by the treasury? Cut out the self dealers that only help their buds...
I lived in NYC/LI in the 60's/70's. I saw the "wonders" that government could produce. That's why I live in the Cincinnati area today. I hate to say it, but I see the same ossification now occurring here- unfunded grandiose mass transit schemes, pushes to move section 8 housing out of the inner city to suburban neighborhoods, tax breaks for favored groups, etc. Oh yeah, that's what got me started- your statement that the purpose of taxes is to set social agendas. WRONG! Taxes should ONLY be used to raise revenue. Anything beyond is more liberal claptrap. Oh yeah- I think I am owed a free/ severely discounted (say $2/month) subscription to your website. Why not? I know you make more money than I...
Phil's Liberal Rant of the Week - Taxes! [View instapost]
Good Friday Thoughts - Investing for Your Future [View instapost]
Why We See Gold Going Lower Long-Term [View article]
What, Me Worry Wednesday – Fitch Warns on China [View instapost]
Equity Valuations Are Forming the Second Biggest Bubble in U.S. History [View article]
Wacky Wednesday: $100 Oil Equals No Inflation, Says Bernanke [View article]
Wacky Wednesday: $100 Oil Equals No Inflation, Says Bernanke [View article]
A Sobering Perspective on China's High Speed Rail [View article]
A Sobering Perspective on China's High Speed Rail [View article]