Front Office Football Central  

Go Back   Front Office Football Central > Main Forums > Off Topic
Register FAQ Members List Calendar Mark Forums Read Statistics

Reply
 
Thread Tools
Old 02-16-2023, 05:52 PM   #7351
GrantDawg
World Champion Mis-speller
 
Join Date: Nov 2000
Location: Covington, Ga.
Norfolk Southern requires employees to sue only in court jurisdictions that they choose. This is a "good for me, not for thee" lawsuit, and the Biden administration should be ashamed of themselves for joining it.

Sent from my SM-G996U using Tapatalk
GrantDawg is online now   Reply With Quote
Old 02-16-2023, 06:18 PM   #7352
RainMaker
Hall Of Famer
 
Join Date: Jun 2006
Location: Chicago, IL
This seems bad.


RainMaker is offline   Reply With Quote
Old 02-16-2023, 07:03 PM   #7353
GrantDawg
World Champion Mis-speller
 
Join Date: Nov 2000
Location: Covington, Ga.
The EPA has warned against using ground water or drinking from wells until they are tested. What exactly is the lie, then? This seems to come from the sane people saying "no one is talking about East Palestine" when everyone is talking about East Palestine.

Sent from my SM-G996U using Tapatalk

Last edited by GrantDawg : 02-16-2023 at 07:04 PM.
GrantDawg is online now   Reply With Quote
Old 02-16-2023, 07:14 PM   #7354
RainMaker
Hall Of Famer
 
Join Date: Jun 2006
Location: Chicago, IL
This was the quote from the EPA.

Quote:
EPA Administrator Michael Regan, who walked along a creek that still reeks of chemicals, sought to reassure skeptical residents that say the water is fit for drinking and the air safe to breathe around East Palestine, where just under 5,000 people live near the Pennsylvania state line.



“I’m asking they trust the government. I know that’s hard. We know there’s a lack of trust,” Regan said. “We’re testing for everything that was on that train.”


It's fine I guess, although they did dance around a lot of questions.


The story has definitely been covered, but I do think it's fair to ask why it's not getting more coverage. I saw some breakdown about how shooting down some high school kids weather balloon got like 8 times the coverage over a town that was destroyed through corporate and government negligence.


Also I think it's fair to start asking when criminal charges will come.
RainMaker is offline   Reply With Quote
Old 02-16-2023, 07:35 PM   #7355
GrantDawg
World Champion Mis-speller
 
Join Date: Nov 2000
Location: Covington, Ga.
Coverage of both was dictated by interest more than media. People were going crazy online about the balloon thing, which was always really a near non-story. I'm not seeing hardly any reporting on the balloon story now, but there is still a good bit of reporting in Ohio. I don't know if it is great that social media drives how major media covers stories, but that is where we are.

Sent from my SM-G996U using Tapatalk
GrantDawg is online now   Reply With Quote
Old 02-16-2023, 08:22 PM   #7356
GrantDawg
World Champion Mis-speller
 
Join Date: Nov 2000
Location: Covington, Ga.
If I see another post of a train derailment with a comment "we are under attack" I am going to scream! There ate over 1,000 train derailment every year. This isn't just suddenly happening.

Sent from my SM-G996U using Tapatalk
GrantDawg is online now   Reply With Quote
Old 02-16-2023, 09:23 PM   #7357
NobodyHere
Grizzled Veteran
 
Join Date: Nov 2013
No disaster here.

FEMA advises Gov. DeWine Ohio is not eligible for assistance at this time

Biden is doing what he can to ensure that Ohio is red for the next generation.
__________________
"I am God's prophet, and I need an attorney"

Last edited by NobodyHere : 02-16-2023 at 09:25 PM.
NobodyHere is online now   Reply With Quote
Old 02-16-2023, 10:24 PM   #7358
RainMaker
Hall Of Famer
 
Join Date: Jun 2006
Location: Chicago, IL
There is nothing Biden can do until Dewine declares it a state of emergency. The Stafford Act ties his hands.
RainMaker is offline   Reply With Quote
Old 02-17-2023, 11:11 AM   #7359
NobodyHere
Grizzled Veteran
 
Join Date: Nov 2013
Quote:
Originally Posted by RainMaker View Post
There is nothing Biden can do until Dewine declares it a state of emergency. The Stafford Act ties his hands.

Well here's Biden's response

White House explains why it turned down disaster relief for Ohio
__________________
"I am God's prophet, and I need an attorney"
NobodyHere is online now   Reply With Quote
Old 02-17-2023, 01:23 PM   #7360
bronconick
College Starter
 
Join Date: Feb 2004
Location: Kalamazoo, MI
Quote:
Originally Posted by NobodyHere View Post

Quote:
"But what East Palestine needs is much more expansive than what FEMA can provide," they continued. "FEMA is on the frontlines when there is a hurricane or tornado. This situation is different."


Quote:
"The state needed help testing the water and air — EPA is providing it. They called for an investigation into the derailment — the Department of Transportation is on it. The Governor today asked for help to conduct additional public health testing and assessments — we’re deploying teams from HHS and the CDC to get that done," the Biden administration official told Fox News Digital.

"Each federal agency has its own unique role here, and we’ve mobilized an interagency team to get the people of East Palestine the support they need," the official said.

They're going to be cleaning that up for 20 years or more. That's not FEMA. We don't send FEMA to Superfund sites.
bronconick is offline   Reply With Quote
Old 02-17-2023, 02:08 PM   #7361
miked
College Starter
 
Join Date: Jun 2001
Location: The Dirty
Maybe, you know, Norfolk Southern should clean that shit up and pay for it.
__________________
Commish of the United Baseball League (OOTP 6.5)
miked is offline   Reply With Quote
Old 02-17-2023, 02:52 PM   #7362
GrantDawg
World Champion Mis-speller
 
Join Date: Nov 2000
Location: Covington, Ga.
Quote:
Originally Posted by miked View Post
Maybe, you know, Norfolk Southern should clean that shit up and pay for it.
That would be up to the EPA, and they say they have every intention of doing just that. The problem is the same as anytime a government agency comes up against a huge business. The EPA can levy huge fines and put "Joe's Chemical Shop" out of business without blinking an eye. But a multi-billion dollar business has an army of lawyers and lobbyist that can keep anything from happening quickly, if ever.
GrantDawg is online now   Reply With Quote
Old 02-17-2023, 07:02 PM   #7363
RainMaker
Hall Of Famer
 
Join Date: Jun 2006
Location: Chicago, IL
Quote:
Originally Posted by GrantDawg View Post
That would be up to the EPA, and they say they have every intention of doing just that. The problem is the same as anytime a government agency comes up against a huge business. The EPA can levy huge fines and put "Joe's Chemical Shop" out of business without blinking an eye. But a multi-billion dollar business has an army of lawyers and lobbyist that can keep anything from happening quickly, if ever.

The lobbyists also work for the EPA, so they likely won't do much. And even if they could do something, the SCOTUS would probably rule that you can't punish companies for chemical spills because it's not in the constitution.

In a sane country, criminal charges would be filed and the company would be bankrupted or nationalized temporarily.
RainMaker is offline   Reply With Quote
Old 02-20-2023, 06:14 AM   #7364
GrantDawg
World Champion Mis-speller
 
Join Date: Nov 2000
Location: Covington, Ga.
Joe is walking around Kyiv as air sirens are blaring.

Sent from my SM-G996U using Tapatalk
GrantDawg is online now   Reply With Quote
Old 02-20-2023, 07:11 AM   #7365
Edward64
Head Coach
 
Join Date: Oct 2005
You go Joe
Edward64 is online now   Reply With Quote
Old 02-21-2023, 01:04 PM   #7366
Atocep
Coordinator
 
Join Date: Nov 2006
Location: Puyallup, WA
Quote:
Originally Posted by GrantDawg View Post
Joe is walking around Kyiv as air sirens are blaring.

Sent from my SM-G996U using Tapatalk

Desantis' comments on this really exposed him. Hr tried to downplay Biden and Russia and accidentally ended up pointing out how much this administration has done to weaken and expose Russia.

This gop primary will be interesting. You have an ex president that can't really tout the two biggest accomplishments of his administration (operation warp speed and roe v wade) because they don't play well to significant subsets of voters and a 1 trick candidate that only knows how to fight culture wars.
Atocep is offline   Reply With Quote
Old 02-21-2023, 01:28 PM   #7367
albionmoonlight
Head Coach
 
Join Date: Oct 2000
Location: North Carolina
Quote:
Originally Posted by Atocep View Post
You have an ex president that can't really tout the two biggest accomplishments of his administration (operation warp speed)

The man puts his name on everything under the sun. And he could have easily called it the Trump vaccine and taken credit for saving millions of lives. And he just didn't.
albionmoonlight is online now   Reply With Quote
Old 02-21-2023, 01:35 PM   #7368
JonInMiddleGA
Hall Of Famer
 
Join Date: Nov 2000
Location: Behind Enemy Lines in Athens, GA
Quote:
Originally Posted by RainMaker View Post
and the company would be bankrupted or nationalized temporarily.

Ah yes, good ol' socialism
__________________
"I lit another cigarette. Unless I specifically inform you to the contrary, I am always lighting another cigarette." - from a novel by Martin Amis
JonInMiddleGA is online now   Reply With Quote
Old 02-21-2023, 01:39 PM   #7369
Atocep
Coordinator
 
Join Date: Nov 2006
Location: Puyallup, WA
Quote:
Originally Posted by albionmoonlight View Post
The man puts his name on everything under the sun. And he could have easily called it the Trump vaccine and taken credit for saving millions of lives. And he just didn't.

I imagine there's a timeline where Trump took credit and did name it the Trump vaccine. His supporters flooded clinics asking for the Trump vaccine, not the bad one that kills you. Doctors just accept it and confirm they're getting the Trump vaccine and don't even bothering to try to explain there's no difference.
Atocep is offline   Reply With Quote
Old 02-21-2023, 01:54 PM   #7370
GrantDawg
World Champion Mis-speller
 
Join Date: Nov 2000
Location: Covington, Ga.
The EPA has ordered NFS to pay for the clean up and the cost of impact on the area, and if they don't pay they will be assessed a fine three times the cost.
https://apnews.com/article/ohio-trai...7f56b5b8b4e44e
GrantDawg is online now   Reply With Quote
Old 02-21-2023, 01:58 PM   #7371
albionmoonlight
Head Coach
 
Join Date: Oct 2000
Location: North Carolina
I wonder if the inevitable Supreme Court case holding that making a private company pay damages is unconstitutional will be 6-3 or 5-4 with Roberts joining the liberals?

Last edited by albionmoonlight : 02-21-2023 at 01:58 PM.
albionmoonlight is online now   Reply With Quote
Old 02-21-2023, 02:24 PM   #7372
RainMaker
Hall Of Famer
 
Join Date: Jun 2006
Location: Chicago, IL
Quote:
Originally Posted by JonInMiddleGA View Post
Ah yes, good ol' socialism

Disbanding is my first choice since they've shown they cannot safely operate in this country. But I assumed people would argue that we can't do it because it would hurt the economy, so nationalizing them would be the solution.
RainMaker is offline   Reply With Quote
Old 02-21-2023, 02:35 PM   #7373
NobodyHere
Grizzled Veteran
 
Join Date: Nov 2013
Exactly what problem would nationalizing them solve?
__________________
"I am God's prophet, and I need an attorney"
NobodyHere is online now   Reply With Quote
Old 02-21-2023, 02:41 PM   #7374
RainMaker
Hall Of Famer
 
Join Date: Jun 2006
Location: Chicago, IL
Quote:
Originally Posted by NobodyHere View Post
Exactly what problem would nationalizing them solve?

It would get rid of the people who dumped a bunch of toxic chemicals on US soil while softening the blow to the economy from any disruptions.
RainMaker is offline   Reply With Quote
Old 02-21-2023, 04:18 PM   #7375
sterlingice
Hall Of Famer
 
Join Date: Apr 2002
Location: Back in Houston!
Quote:
Originally Posted by albionmoonlight View Post
I wonder if the inevitable Supreme Court case holding that making a private company pay damages is unconstitutional will be 6-3 or 5-4 with Roberts joining the liberals?

That does feel like the direction we're going. And it's not like the liberal side of the bench is all anti-capitalist. There's at least 8, if not 9, very pro big business justices on the court. It's one of the underreported issues with the current court - even if it were more even on social issues, it would continue the rightward lurch of rights away from individuals and towards corporations.

SI
__________________
Houston Hippopotami, III.3: 20th Anniversary Thread - All former HT players are encouraged to check it out!

Janos: "Only America could produce an imbecile of your caliber!"
Freakazoid: "That's because we make lots of things better than other people!"


sterlingice is offline   Reply With Quote
Old 02-21-2023, 04:54 PM   #7376
JonInMiddleGA
Hall Of Famer
 
Join Date: Nov 2000
Location: Behind Enemy Lines in Athens, GA
Quote:
Originally Posted by sterlingice View Post
it would continue the rightward lurch of rights away from individuals and towards corporations.

Y'know, if I just accept that premise as "stipulated" and contemplate it a bit .. I'm pretty okay with it.

The cost/benefit analysis of "individuals" seems to be at an all-time low, at least there's some value (ostensibly anyway) in some of the corporations. At least a higher percentage.

The average U.S. nitwit isn't worth the cost of the rope to hang 'em with at this point afaic. So yeah, I'm in favor of the concept you suggest.

If you happen across some useful bio info on potential alien overlords though, I'd be interested. Might be a better option than both.
__________________
"I lit another cigarette. Unless I specifically inform you to the contrary, I am always lighting another cigarette." - from a novel by Martin Amis
JonInMiddleGA is online now   Reply With Quote
Old 02-22-2023, 08:09 AM   #7377
sterlingice
Hall Of Famer
 
Join Date: Apr 2002
Location: Back in Houston!
Quote:
Originally Posted by JonInMiddleGA View Post
Y'know, if I just accept that premise as "stipulated" and contemplate it a bit .. I'm pretty okay with it.

The cost/benefit analysis of "individuals" seems to be at an all-time low, at least there's some value (ostensibly anyway) in some of the corporations. At least a higher percentage.

The average U.S. nitwit isn't worth the cost of the rope to hang 'em with at this point afaic. So yeah, I'm in favor of the concept you suggest.

If you happen across some useful bio info on potential alien overlords though, I'd be interested. Might be a better option than both.

I think the problem with that theory is that a corporation is just a collection of those same "nitwits", self selected for sociopathy in leadership

However, I, too, would be interested in subscribing to the newsletter of the alien overlord party for voting consideration

SI
__________________
Houston Hippopotami, III.3: 20th Anniversary Thread - All former HT players are encouraged to check it out!

Janos: "Only America could produce an imbecile of your caliber!"
Freakazoid: "That's because we make lots of things better than other people!"


sterlingice is offline   Reply With Quote
Old 02-22-2023, 08:36 AM   #7378
cuervo72
Head Coach
 
Join Date: Dec 2002
Location: Maryland
Heh, come on SI - you know that sociopathy is a selling point for Jon. Shows him they're serious, committed. (To themselves and only themselves, but remember that Jon takes a dim view toward humanity.)
__________________
null
cuervo72 is online now   Reply With Quote
Old 02-24-2023, 03:11 PM   #7379
RainMaker
Hall Of Famer
 
Join Date: Jun 2006
Location: Chicago, IL
I know they had to bribe him out of the primary but couldn't they have made him Ambassador to France or something?



Last edited by RainMaker : 02-24-2023 at 05:18 PM.
RainMaker is offline   Reply With Quote
Old 02-25-2023, 12:34 PM   #7380
Edward64
Head Coach
 
Join Date: Oct 2005
All fluff I'm sure but it would be nice if there was an unsuccessful attempt. It would be great to lob a bunch of cruise missiles to blow stuff up there and take out more military leaders. And I'm sure Israel will be more than willing to help.

The Iranian situation is a mess. I think we have to accept that Iran will inevitably get their nukes unless there is another Osirak-like or Stuxnet event. I don't think Biden has any good options, economic sanctions don't seem to be working well.

IRGC commander says Iran seeks to kill Trump, Pompeo, others as revenge for Soleimani
Quote:
A top Islamic Revolutionary Guard Corps commander said on Friday that Iran seeks to kill former senior US officials, including former President Donald Trump, for their involvement in the 2020 killing of Iranian military commander Qassem Soleimani.

“God willing, we will be able to kill Trump… [former secretary of state Mike] Pompeo, [former head of US Central Command General Kenneth] McKenzie and those military commanders who gave the order” to kill Soleimani, Amirali Hajizadeh, the head of the IRGC’s aerospace unit, said on state TV.

Hajizadeh made these comments while discussing Iran’s missile attack on the Ain al-Assad air base, which hosts American troops in western Iraq, on January 8, 2020, five days after Soleimani’s killing. No US troops were killed in the attack.
Edward64 is online now   Reply With Quote
Old 02-25-2023, 12:46 PM   #7381
JonInMiddleGA
Hall Of Famer
 
Join Date: Nov 2000
Location: Behind Enemy Lines in Athens, GA
Quote:
Originally Posted by cuervo72 View Post
Jon takes a dim view toward humanity.)

You'd be hard pressed to have a dimmer view than I do.

For years I referenced "the rule of 80", which basically said 80 percent of the people you encounter in a lifetime are simply too damned dumb to have been worth the trouble.

I've revised that to 90 as much as a decade ago.
And am seriously considering whether 95 might be closer to reality at this point.
__________________
"I lit another cigarette. Unless I specifically inform you to the contrary, I am always lighting another cigarette." - from a novel by Martin Amis
JonInMiddleGA is online now   Reply With Quote
Old 02-25-2023, 01:18 PM   #7382
Lathum
Favored Bitch #1
 
Join Date: Dec 2001
Location: homeless in NJ
I wonder what the reaction would be if Iran took out Trump. Noy militarily, more culturally. And of course the conspiracy theories would be something to see.
Lathum is online now   Reply With Quote
Old 02-28-2023, 01:25 AM   #7383
Edward64
Head Coach
 
Join Date: Oct 2005
Interestingly, China did not pick up the hot-line phone for the balloon incident. Cultural differences apparently. But then, I'm not sure the balloon incident does rise to that level, I always imagine the hot-line to avoid military clashes or Armageddon scenarios.

https://www.cnbc.com/2023/02/28/the-...e-hotline.html
Quote:
Officially, China’s defense ministry said it declined a call about the balloon because the U.S. decision to shoot it down “failed to create a proper atmosphere for dialogue and exchange between the two militaries.”
Quote:
Beijing’s decisions are affected by the government’s closed structure and national history, while U.S. expectations on international communication are embedded in a view about relationships in general.

Using a hotline to diffuse a potentially dangerous situation does imply there’s a situation that needs to be diffused, Bodine said. “But if one side of a relationship thinks there is a misunderstanding or a problem, then any marriage counselor will tell you the other side needs to at least listen to why.”

And if that side says there’s no problem, “all of your worries and concerns and worst-scenario nightmares about what’s going on in your personal relationship are not going to get better,” she said. “They’re going to get worse.”
Edward64 is online now   Reply With Quote
Old 02-28-2023, 08:31 AM   #7384
Lathum
Favored Bitch #1
 
Join Date: Dec 2001
Location: homeless in NJ
Supreme Court hearing the case today regarding Bidens power to forgive student loan debt. I'm sure it will go how we all think it will.
Lathum is online now   Reply With Quote
Old 03-01-2023, 08:15 PM   #7385
NobodyHere
Grizzled Veteran
 
Join Date: Nov 2013
Hopefully they reach the correct decision and decide Biden overstepped his authority.
__________________
"I am God's prophet, and I need an attorney"
NobodyHere is online now   Reply With Quote
Old 03-01-2023, 08:16 PM   #7386
NobodyHere
Grizzled Veteran
 
Join Date: Nov 2013
I don't know how much Biden had to do with this:

https://www.cnbc.com/2023/03/01/lill...insurance.html

But he needs to remind people that it happened under his watch. Especially when election season comes up.
__________________
"I am God's prophet, and I need an attorney"
NobodyHere is online now   Reply With Quote
Old 03-02-2023, 02:27 AM   #7387
Edward64
Head Coach
 
Join Date: Oct 2005
Quote:
Originally Posted by NobodyHere View Post
Hopefully they reach the correct decision and decide Biden overstepped his authority.

Read a CNN article on Robert's questions & statements. I think it's a goner.
Edward64 is online now   Reply With Quote
Old 03-02-2023, 03:45 AM   #7388
Edward64
Head Coach
 
Join Date: Oct 2005
Glad to read they have started working on the Social Security imminent crisis, now estimated for 2032.

Senate group wades into tough talks on Social Security | The Hill
Quote:
A bipartisan group of senators is treading carefully into the politically difficult discussion of making changes to Social Security to extend its solvency.

Senators from both parties who have been involved in the talks are tight-lipped when it comes to revealing details, though reports have begun to surface of discussions of potential changes to the age threshold for retirement and raising the taxable wage cap.
Quote:
A report released by the Congressional Budget Office earlier this month warned that the Social Security trust fund could run out of money by 2032 — a year earlier than previously expected — without changes to existing policies.
I like this idea as an option. Put some of that money to work in the markets. This sovereign wealth fund should truly be a lock box where nobody, nothing can grab any of its funds.

Quote:
One idea that has piqued interest on both sides of the aisle is to create a new sovereign wealth fund to help finance Social Security.

While senators say the overall plan is yet to be finalized, sources familiar with the proposal told Semafor that the fund could involve more than $1 trillion in seed money to help finance investments.
Have to address the inevitably drop in markets and 10-20-30+% losses and the panic/concern that would cause. There's some sort of 8% return guarantee. Have to read the details though, I think everyone knows nothing can guarantee a min 8% return each year.

Quote:
According to Semafor, among the ideas being discussed as a potential backup plan if the fund falls short of at least 8 percent in return include upping the maximum taxable income and payroll tax rate. But both are proposals that could see a tough time garnering necessary support for passage in a divided Congress.
Edward64 is online now   Reply With Quote
Old 03-02-2023, 08:14 AM   #7389
flere-imsaho
Coordinator
 
Join Date: Sep 2004
Location: Chicagoland
Sadly, I doubt anything bipartisan passes the House unless it includes a Special Commissions for Investigating Jewish Space Lasers to mollify Really The Speaker MTG.
flere-imsaho is offline   Reply With Quote
Old 03-02-2023, 08:19 AM   #7390
NobodyHere
Grizzled Veteran
 
Join Date: Nov 2013
Right now I would be a hard NO on a sovereign wealth fund because I bet you those funds would get steered into companies owned by politicians. Or the funds would get put into the next Theranos or FTX.
__________________
"I am God's prophet, and I need an attorney"
NobodyHere is online now   Reply With Quote
Old 03-02-2023, 08:26 AM   #7391
albionmoonlight
Head Coach
 
Join Date: Oct 2000
Location: North Carolina
If you are going to go through the trouble of creating a SWF and then say that if the fund does not guarantee 8% returns (which, as Edward notes, is impossible), then you will raise taxes, then that seems like a really inefficient Rube Goldberg machine.

Just raise taxes.
albionmoonlight is online now   Reply With Quote
Old 03-02-2023, 08:41 AM   #7392
miked
College Starter
 
Join Date: Jun 2001
Location: The Dirty
The social security fix is so easy dumb. Just raise the wage cap and have people paying more into it. The problem is that the people making that much money are not as likely to need it, so they do not really care. Also, start taxing capital gains and carried interest the same as regular income. Why are people who work for their money taxed at a higher rate than people who earn the same money in the market? Is $1 earned on the stock market worth more than $1 earned at work?
__________________
Commish of the United Baseball League (OOTP 6.5)
miked is offline   Reply With Quote
Old 03-02-2023, 08:42 AM   #7393
flere-imsaho
Coordinator
 
Join Date: Sep 2004
Location: Chicagoland
The S&P 500 lost what, 20% last year? How is the public going to react when the Social Security Trust fund loses $200B (at least) in a single year?

I agree with NH that this is mainly a ploy to steer that money to specific financial institutions (which is why, if you look at the advocacy groups supporting this, they're bankrolled by financial institutions). If you had to do this, then I'd require it by law to be invested in an index like the S&P 500 or Russell 2000 with no management fees whatsoever.

But only after we do the more obvious fixes (like we talked about the last time in this thread) of upping the taxable income cap (or reinstating it on incomes, say, $1M+, or raising employers' portion of the payroll tax - since companies have lower taxes overall, or any of the other bunch of fixes I posted about last time).
flere-imsaho is offline   Reply With Quote
Old 03-02-2023, 09:08 AM   #7394
sterlingice
Hall Of Famer
 
Join Date: Apr 2002
Location: Back in Houston!
I can't wait until we invest even more of our retirement monies into making corporations too large to fail in this country. That has no downside whatsoever

SI
__________________
Houston Hippopotami, III.3: 20th Anniversary Thread - All former HT players are encouraged to check it out!

Janos: "Only America could produce an imbecile of your caliber!"
Freakazoid: "That's because we make lots of things better than other people!"


sterlingice is offline   Reply With Quote
Old 03-02-2023, 11:28 AM   #7395
JPhillips
Hall Of Famer
 
Join Date: Nov 2002
Location: Newburgh, NY
lol that conservatives are floating an idea for the government to own the means of production.
__________________
To love someone is to strive to accept that person exactly the way he or she is, right here and now.. - Mr. Rogers
JPhillips is offline   Reply With Quote
Old 03-02-2023, 12:12 PM   #7396
flere-imsaho
Coordinator
 
Join Date: Sep 2004
Location: Chicagoland
Well, if you can't have fascism then at least you could have communism, right?
flere-imsaho is offline   Reply With Quote
Old 03-02-2023, 12:27 PM   #7397
GrantDawg
World Champion Mis-speller
 
Join Date: Nov 2000
Location: Covington, Ga.
Quote:
Originally Posted by flere-imsaho View Post
The S&P 500 lost what, 20% last year? How is the public going to react when the Social Security Trust fund loses $200B (at least) in a single year?

I agree with NH that this is mainly a ploy to steer that money to specific financial institutions (which is why, if you look at the advocacy groups supporting this, they're bankrolled by financial institutions). If you had to do this, then I'd require it by law to be invested in an index like the S&P 500 or Russell 2000 with no management fees whatsoever.

But only after we do the more obvious fixes (like we talked about the last time in this thread) of upping the taxable income cap (or reinstating it on incomes, say, $1M+, or raising employers' portion of the payroll tax - since companies have lower taxes overall, or any of the other bunch of fixes I posted about last time).
Can you imagine the wailing and gnashing of teeth when government funds own companies that create devices for abortions? Sell the morning after pill? Sell sex products like lube and anal plugs?
GrantDawg is online now   Reply With Quote
Old 03-02-2023, 12:35 PM   #7398
Edward64
Head Coach
 
Join Date: Oct 2005
Just to be clear, the article said "both sides" expressed interest.

Quote:
One idea that has piqued interest on both sides of the aisle is to create a new sovereign wealth
Edward64 is online now   Reply With Quote
Old 03-02-2023, 03:11 PM   #7399
RainMaker
Hall Of Famer
 
Join Date: Jun 2006
Location: Chicago, IL
Quote:
Originally Posted by miked View Post
The social security fix is so easy dumb. Just raise the wage cap and have people paying more into it. The problem is that the people making that much money are not as likely to need it, so they do not really care. Also, start taxing capital gains and carried interest the same as regular income. Why are people who work for their money taxed at a higher rate than people who earn the same money in the market? Is $1 earned on the stock market worth more than $1 earned at work?

Yup. Start taxing capital gains and you fix the problem immediately. It's silly that we've decided certain income is special and doesn't have the same rules.

This is seriously not a hard problem to fix.
RainMaker is offline   Reply With Quote
Old 03-02-2023, 03:37 PM   #7400
NobodyHere
Grizzled Veteran
 
Join Date: Nov 2013
Quote:
Originally Posted by Edward64 View Post
Just to be clear, the article said "both sides" expressed interest.

Both sides were also interested in the Paycheck Protection Program and that turned out to be mostly fraud and handouts to people who didn't need it.
__________________
"I am God's prophet, and I need an attorney"
NobodyHere is online now   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 5 (0 members and 5 guests)
 
Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump


All times are GMT -5. The time now is 09:36 PM.



Powered by vBulletin Version 3.6.0
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.