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December 14th, 2017, 08:17 PM | #2681 |
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ugh, ugh, and more ugh..
I’m so disgusted right now, I can barely... type.
3 to 2; right down the party line. the whole “hearing” (just like everything else with our ‘pay to play’ govt.) was just a mere formality. I’m so fekkin’ sick of it. I don’t give a shite if they have a D or an R by their given name. they don’t care one bit about anybody but their donors. especially the R’s, and 98% of the D’s. this is really true transparency at it’s finest. woo hoo! hot damn son of a gun. wish I didn’t have to work here shortly. I’d like to drink ‘til my shoes fell off! Last edited by ballyhoo; December 16th, 2017 at 01:13 PM.. Reason: [tense thaang] |
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December 14th, 2017, 08:22 PM | #2682 |
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Hey, for all you conspiracy buffs - another Clinton accuser shows up dead - http://yournewswire.com/surgeon-clinton-haiti-dead/ surgeon commits suicide by stabbing himself in the chest and bleeding out.
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December 14th, 2017, 09:05 PM | #2683 | |
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So far Pai has been very consistent in allowing carriers to gouge consumers. Our recourse will be in the courts busily being packed with corporate lawyers. Perhaps, I will live long enough to see the little bastard dancing on the end of a rope. Who was it in "Hitchhikers Guide to the Galaxy" that were the first ones up against the wall when the whip came down? |
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December 15th, 2017, 02:58 AM | #2684 |
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New York Attorney General Eric Schneiderman is after them for this.
https://www.cnbc.com/2017/12/14/new-...eutrality.html He's usually not one that you want to mess with so stay tuned....
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December 15th, 2017, 06:21 AM | #2685 | ||
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They've gotta know a lot of people use the internet for looking at porn, and blocking porn sites is going to cause a lot of rage over a wide portion of their customer base, right? We can only hope so. I'm glad I am not hooked up to a Bible Belt ISP, however. But I am now dreading the day when I open the mailbox and see a letter like this: Quote:
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December 28th, 2017, 06:29 PM | #2686 |
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Trade deficit - A Mirage?
I'd like to hear from those of you who are up more on economic and tax matters than me - what's written in this article makes sense to me, and I wonder why it isn't something shouted from the roof tops by lots of economists...
Suddenly, America's Trade Deficit Isn't So Awful |
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December 28th, 2017, 11:27 PM | #2687 |
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So there is approximately 2 to 3 trillion dollars US multinationals hold offshore that they want to bring back into the US. The new tax rate is supposedly 15% for cash and 8% for "liquid" assets. I doubt if much of it will be in cash. The 8% rate is close to the 5% rate they got in the 2005 repatriation law that was roundly criticized. There doesn't seem to be the same restrictions that the 2005 law was suppose to impose that didn't seem to be followed anyway. Far better than the 35% corporate tax rate that use to be imposed (but seldom paid).
The new law says foreign income from foreign affiliates will not be taxed. US corporate tax income will be at a 21% tax rate. It is not clear to me what will happen if they just keep reporting the bulk of their income offshore and pay zero US tax on it and use it in the US when they have need of it. I am sure they are planning on it right now, I would. So paying zero is much better on the bottom line than paying 21%. 8% is much better on the bottom line than 35%. Pretty much expect Multinationals to pay less than they do now and the middle class to have to cover the deficits that do occur. To expect the wealthy (who of course run the legislature and the executive branches) to do something else would to be believing in Santa Claus. As to the "awful" US trade deficit, if it really was that awful, the US dollar would have lost value a long time ago. If and when that does happen and foreign money is not interested in anything American, then the US will truly suffer. Right now, the Chinese still seem to be investing in the US. https://www.cnbc.com/2017/06/16/chin...ing-spree.html |
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December 29th, 2017, 09:04 AM | #2688 | |
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December 30th, 2017, 03:12 PM | #2689 | |
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Else, it's all fake news from the faker in chief... |
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December 30th, 2017, 04:52 PM | #2690 |
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There is not really an overall labor shortage in the US. We have plenty of minimum wage jobs that people do not see long term futures in. The internet has taken many jobs - such as entire accounting departments moved to India for the cheap labor. As have of course telephone support services. Next robotics will be replacing truck drivers. As programming gets better and manufacturing efficiencies get better, other occupations will be going the way of the Dodo. Technical specialties are attracting many of the demands for more work visas - whose limitations are being worked around by major companies. IE, they come to the US for training and overstay their student visas. One of my friends who use to work in computer support said he sees lines of older white, black and Asian employees being laid off. Getting new computers were Indian employees. The internal phone books list them as working in India but he says he is supporting their computers in the US for years. They actually come to his desk and sit there while he fixes their computer problems.
So I don't think labor force is that important for investment decision purposes, more like growth in value, stability, protection of the investment, future demand, etc. I mean, who is looking to invest in New Guinea or North Korea? I await someone digging up some investment opportunity in New Guinea. |
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