webXL

61 ms·

631.
by webXL 15y ago
If we're going to do bailouts, we had better make sure the same misbehaviors can't happen again. We've been bailing out too-big-to(should)-fail, crony corporations ever since Chrysler in 1979. And they die slow deaths regardless of how ma
632.
by webXL 15y ago
That was my first thought. I believe he was only 74 though. Probably approaching the realm of spectacularly stupid. They said his medical records were all checked out, but I bet there's a higher level of scrutiny for older pilots going forw
633.
by webXL 15y ago
My wife and I had air race tickets for tomorrow and Sunday right in that general area. They were box seats. That (likely) malfunction in Galloping Ghost could have happened when we were there, so we're counting our blessings tonight. But we
634.
by webXL 15y ago
The only claim made in the hypothetical question was that either op-ed page could be used to become "informed about the realities of the current economic crisis". I was criticizing that assumption, not whether one was a better source of inf
635.
by webXL 15y ago
And my point was that there was more opinion than useful information or predictions on those op-ed pages. Can you or Frum point out specific examples that might make one conclude that one op-ed page was more reliable than the other? BTW, tr
636.
by webXL 15y ago
Using that hypothetical, you'd either think George W. Bush was the next coming of Jesus or Hitler. There was very little unbiased economic information in either opinion section. On his blog, Krugman is much less biased and inflammatory (p
637.
by webXL 15y ago
Nobody asked you to, but if we're going to talk about expectations, then people would be much happier lowering theirs for major OS revisions or changes to any complex system for that matter. Every time a car line gets a new engine, you just
638.
by webXL 15y ago
Or [soulless corporate moochers bribe] politicians and vice versa and for some reason we accept it. Most politicians are lifers. After practicing (and failing) law, of course.
639.
by webXL 15y ago
1) the rich (top 10%) pay almost 70% of taxes. I wouldn't call that "so little" 2) you can't just take property from people based on a such wildly misused and subjective term as "fairness". Running a government is necessary for society to f
640.
by webXL 15y ago
Buffet who should know better: correlation doesn't imply causation
641.
by webXL 15y ago
It's as if wealth is zero-sum, and Mr. Buffet believes he and his ilk have taken some of it from the rest of the population. But he's not going to go without his generous slice of the pie if his friends aren't forced to go without theirs.
642.
by webXL 15y ago
This assumes low to middle income people are single issue voters and that issue happens to be the effective tax rate of billionaires. What's dumbfounding is that there are people who believe that wealth is zero-sum, and that by taking from
643.
by webXL 15y ago
I like the idea of showing financial plans. A patent should encourage innovation and nothing more. I've always thought that the inventors (or patent holders) should be entitled to all proceeds that their invention generates until they've be
644.
by webXL 15y ago
And I agree with that as well. There might be some psychological issues switching to a deflationary system, though. Things that typically appreciate in nominal value (real estate, job skills, precious metals, art, etc.) will be appear to no
645.
by webXL 15y ago
Right, new dollars have to enter the economy somewhere, and the purchasing power is increased at those points of entry, decreased everywhere else by an proportional amount. I'm all for bitcoin but the powers at be will find a way to stop it
646.
by webXL 15y ago
As much as I favor low taxation and hate class warfare attacks on the wealthy, I think we ought to tax "freshly printed money" at a much higher rate, or figure out a more equitable way to create money... if we have to create money . Our fi
647.
by webXL 15y ago
I don't. I was merely stating a fact that families have means to increase income taking from the rich just like the government does. That's not to say theft and taxation aren't in the same ballpark. If the IRS demanded 80% of your income wi
648.
by webXL 15y ago
No, a 747 actually provides a useful, reliable service for the average American, and the owner of it (excl. Air Force 1) doesn't threaten violence if you don't help pay for it. Stick with the car theme. Maybe the government is a stretched H
649.
by webXL 15y ago
Unless I put that dollar under my mattress, it will be spent by someone, provided that we have stability in the banking system and regulatory structure (i.e. not yet, but getting there). With inflation, however, I'd be a fool not to spend i
650.
by webXL 15y ago
Yes, I know about the Keyensians. If spending cuts are bad and tax hikes are good, then why not go all out? Why only $800B for the stimulus? Why not $8 trillion? We'd surely get the necessary loans with a 1.5 multiplier, right? The truth is
651.
by webXL 15y ago
"Spending cuts now would be worse for the economy than tax increases now" According to whom? You do realize that these are cuts to government spending, right? How does government get money to spend? It taxes or borrows (taxes in the futur
652.
by webXL 15y ago
True, but there are real families that incease their income by robbing better off families, and there are many families who use all sorts of justifications to avoid paying for things, including all of their taxes, so they can afford other
653.
by webXL 15y ago
which ones? How would taking more money out of the private sector help the economy right now?
654.
by webXL 15y ago
The white box shadow on the bottom of the button doesn't seem to match Lion's buttons. I think it's a little cleaner if it's removed or darkened a bit.
655.
by webXL 15y ago
> They can't even come to a conclusion on climate change. Who? Economists? Well, when the spectrum of climate change policies range from doing nothing to geo-engineering or reverting the economy to a time when there was mass poverty, di
656.
by webXL 15y ago
Why "Robin Hoods"? Why not Minutemen? I don't know the complete story of Robin Hood, but I always feel a tinge of class warfare from people who invoke his name. This has nothing to do with class. It has to do with unwarranted and unprovoked
657.
by webXL 15y ago
Exactly. I don't know why people talk about Apple and PCs in the same breath anymore. They sell hardware. Computer was dropped from their name a long time ago! Look at this chart: http://cdn.macrumors.com/article-new/2011/07/aapl_sales_by_
658.
by webXL 15y ago
samfoo never made the claim that men and women had the same weaknesses. He was simply stating that men are also disadvantaged because of their own nature. If you're a woman and are able to avoid violent or bigoted men, or are able to defend
659.
by webXL 15y ago
Uh, don't you mean within reason? What if I wanted you to be my slave? And markets can have negative externalities, especially on the existing markets they're dependent of, so I think some of the concern is justified even though I'm typical
660.
by webXL 15y ago
As long as these empty buildings don't fall down from neglect, and the money couldn't have been spent more wisely (i.e. these will serve a valuable service some time soon), then I don't see this as a big deal. But more than likely, the glut

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