dlp211

48 ms·

511.
by dlp211 7y ago
Meritocracy is the lie we tell ourselves to justify inequality. There has never been a meritocracy.
512.
by dlp211 7y ago
You are likely not the average American consumer.
513.
by dlp211 7y ago
Holding cash does not lock it up. Banks make deposited funds available as capital for investment. This can lead to a liquidity problem during a crunch, but that's literally why we have a central bank. There are plenty of companies that
514.
by dlp211 7y ago
In nominal dollars, not real dollars.
515.
by dlp211 7y ago
No one is saying try nothing. That is a bad faith argument. He is also incredibly poor at making good use those experts at the NIH, FDA, CDC, etc and and even poorer communicator of what those experts have to say.
516.
by dlp211 7y ago
So it wasn't a hoax and this is really a distinction without a difference.
517.
by dlp211 7y ago
I can't believe I have to say this, but the POTUS is not some hacker news comment. What they say has large and far reaching consequences and they shouldn't be spouting off about anecdotal evidence. Their comments had already cause
518.
by dlp211 7y ago
If everything stopped, that would be an issue, but in reality there is still a ton of economic activity happening. As far a big businesses go, there are a handful of industries that are being impacted by this pandemic and if they were slowl
519.
by dlp211 7y ago
Holding cash does not mean that it isn't allocated to investment. The airlines wouldn't be putting it under their mattress. They would be depositing it with a financial institution that would then be able to use the increased rese
520.
by dlp211 7y ago
The barrier to entry is the massive amount of capital to enter the market. If I can buy an airliner for pennies on the dollar, it does not mean that I have to be against or ignore safety regulations. The cost of safety regulations is minor
521.
by dlp211 7y ago
If stock price was actually based on pure fundamental analysis, sure. That is not at all reality though.
522.
by dlp211 7y ago
The same "penalty" applies to the capital gains realized by the sellers when the buyback happens and future sales. The only substantial difference is the ability to choose when to realize those gains by the other shareholders. It&
523.
by dlp211 7y ago
Maybe if a bunch of these airliners go into bankruptcy, it would let people who could finally get past the huge barriers to entry.
524.
by dlp211 7y ago
Consumers are supposed to have 3-6 months cash on hand in case of a downturn otherwise they are irresponsible. Big business just has to turn to the Government. Airliners made $28 Billion in profits last year and held onto none of it. When d
525.
by dlp211 7y ago
Risk mitigation. Financing operations in good times allows me to run my company in a downturn with cash on hand when lending tightens up. Financing paying shareholders is the opposite of this.
526.
by dlp211 7y ago
American airliners returned 96% of their profit as share buybacks and are now requesting a $50 billion bailout and you still want to defend borrowing money to finance buybacks, which were illegal until sometime in the 1980's. With this
527.
by dlp211 7y ago
Much of the tax avoidance from primary residence property has been removed from the tax code already due to the TCJA. Not all of it, but most of it. It also makes no sense to have a mortgage for the tax break. Rentals have depreciation and
528.
by dlp211 7y ago
I can't edit my comment, but according to the Verge, Google is not building a website to help with the response.
529.
by dlp211 7y ago
Nothing. It's a way for the C-class to give each other more money.
530.
by dlp211 7y ago
Well I've been WFH since last week and my kids schools have shut down through the end of April. Our family vacation in April is also likely not going to happen. We are doing better than Italy, worst than other countries. I think you ar
531.
by dlp211 7y ago
Trump didn't win a wide margin in 2016, he won by 70k votes in 3 states. Biden is curretnly overperforming in every demographic that Clinton lost in 2016. Democratic turnout is up in these primary's. The POTUS is historically disl
532.
by dlp211 7y ago
No it hasn't. China is already returning to work. America is just starting to deal with COVID19. We would literally be shutting down manufacturing right now. The fact that we have these worldwide supply chains makes us more resilient t
533.
by dlp211 7y ago
What did he do that will bring back manufacturing? Michigan, Ohio, and Pennsylvania are in a manufacturing recession. It turns out that tariffs don't work to protect our manufacturing jobs when we look at the aggregate. Also, the US ma
534.
by dlp211 7y ago
I never claimed that he is illegitimate. Shame on you for not taking my argument in good faith.
535.
by dlp211 7y ago
It might not go away. And he did declare the emergency too late. And even after declaring the emergency, the federal government is still not doing enough, and it's especially not doing it fast enough. I think we are at the point where
536.
by dlp211 7y ago
You're preaching to the choir. I think that this Administration is a complete disaster at every level and especially with regards to its response to COVID19. I've been preaching about the dangers of COVID19 since the first case wa
537.
by dlp211 7y ago
In America, Socialism is when the government does anything that I don't not directly benefit from. I'm only being slightly sarcastic.
538.
by dlp211 7y ago
> Is the potential of returned manufacturing jobs not a hugely good thing? I do not know where you got the idea that this is happening.
539.
by dlp211 7y ago
I said somewhat ¯\_(ツ)_/
540.
by dlp211 7y ago
Nothing IMO. Parading out 15 Executives to give them each 30 seconds at the podium in order to praise dear leader on the other hand looks pathetic though.

More ›