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San Diegans on bringing in the feds
With the help of Thomson Financial/Securities Data and Wilshire Associates we tracked the 4,567 companies that went public between Jan. 1, 1990 Which begs the question....If you bought all 4500 stocks and made money, does that mean that most IPO's are utter scams? Dec. 29, 2000. == And when did you do a valuation of these stocks, 2000???? I would like to see their valuation TODAY. BTW-are YOU claiming that YOU did this study, or just "your friend".— October 18, 2011 4:25 p.m.
San Diegans on bringing in the feds
That was pretty funny. http://pointsandfigures.com/2011/10/18/a-letter-f…— October 18, 2011 4:21 p.m.
San Diegans on bringing in the feds
Little puppy, Why read someone else's books when I can analyze hard data myself. == The data has alread been crunched, thousnds of hours of it, and Johnston has doen thgat by cuklling millions of tax returns over decades. You CANNOT do that, as much as your mini brain and giant ego keep yelling it out. Once agaio, educate yourself, and that does not mean reinventing the wheel when the data is already out there. And NO you have not, will not today and never will be able to analyze the of data Johnston has. You do not have the brain power for it.— October 18, 2011 4:19 p.m.
French Gourmet, Officers Plead Guilty
You will never get an EQ violatin in selective prosecution, even if the stats priove it up, unless you can PROVE the legislatures wrote it into the law, facially (never happens) or you can prove their intent for it to be selective (will never happen).— October 18, 2011 4:16 p.m.
San Diegans on bringing in the feds
I have spanked you so hard Jeff your ONLY reply is how you "control" me, the only thing you control is your sub IQ brain, and I OWN it, in fact I am own so much of it you should charge me RENT for living there.— October 18, 2011 4:15 p.m.
San Diegans on bringing in the feds
Has the middle class really been destroyed? Has business killed off it's own market?? These statements, while sounding passionate, must be tested. While there is much anecdotal evidence supporting these contentions, the actual data doesn't support the statement of the middle class being destroyed. By nokomisjeff 6:43 a.m., Oct 17, 2011 == "David Cay Johnston: Ridiculous Corporate Subsidies Creating Middle Class 'Wealth Destruction'" Pulitzer Prize-winning journalist David Cay Johnston says it's no accident that the ***middle class has been shrinking.*** In fact, in a recent conversation with Aaron Task and Daniel Gross on Yahoo's Tech Ticker, Johnston argues that the middle class is a direct result of a maze of subsidies and sweetheart deals that states and cities have doled out to big companies. (Johnston is the author of "Free Lunch: How The Wealthiest Americans Enrich Themselves At Government Expense (And Stick You With The Bill.") ****"We've changed the government rule book in tremendous ways this enormous growth of incomes at the top is not the result of market forces," ****Johnston says, "it's the result of all these rules nobody knows about." "Johnston, a New York Times investigative reporter, has spent his 40-year career exposing collusion between government officials and private sector entities ***as they enrich the rich and ignore consequences for middle-class laborers and the poor****. In Perfectly Legal , he focused on hidden inequities in the tax system." "*** At the base of Johnston's journalistic indictment are the highly paid lobbyists working Congress, state legislatures, county commissions, city councils and government regulatory agencies.*****" "What "Perfectly Legal" does is show how our national myth that the rich are heavily taxed to benefit everyone else is untrue and that ***the middle class and the upper middle class, those making $30,000 to $500,000, are heavily taxed to subsidize the super rich.***" "You will learn that the income gap is vastly greater than you ever imagined -- the top 29,000 Americans have as much income as the bottom 96 million. And tax burden for the richest Americans has been falling sharply while everyone else's has risen. Most people making $60,000 pay a larger share of their income in federal taxes than the top 400 Americans, whose average income in 2000 was $174 million each. They paid just 22-cents on the dollar in federal taxes and under the Bush tax cuts would pay just 17.5 cents on the dollar." PUT THAT IN YOUR PIPE AND TAKE A FEW HITS JEFF.— October 17, 2011 9:52 p.m.
San Diegans on bringing in the feds
But I digress, while the middle class might be under pressure, it is by no means destroyed. = The middle class is GONE. Go educate yoruself, the notion that the middle class has not been destroyed, when their income levels today are LOWER than they were in 2000 in a joke. And while your wild claims that the rich are getting richer through technology-with no source to back this whopper up whatsoever- is good GOP talk, but it is simply false. The REASON the rich are gettign richer is the same reason public employees are getting richer, they are buying off the politicians and getting the laws built and bent to support them and hurt everyone else. There are 42,000 registered lobbyists in Washhington DC, and all they are there for is to get favorable legislation-usually in the tax code- to benefit their clients, major corporations and the top 1%. THAT is the reason the rich are gettign richer. The tax code is what makes rich people rich and poor people poor. What's next Jeff, are you going to tell us the AIG bailout was not done for the sole purpose of keeping Goldman Sachs solvent?? GS would be OUT OF BUSINESS today if not for the TARP bailout of AIG. You'r eno economist, and your wild comments are from another universe.— October 17, 2011 9:41 p.m.
San Diegans on bringing in the feds
Anyways, there is evidence that the middle class is under pressure, but evidence of it being destroyed simply doesn't jibe with the actual data. The mention of personal debt by the bottom 90% suggests some behavior modifications are needed by that class. == You're such a kook it aint even funny. Please show us your research that PROVES "the bottom 90%" need "behaviour modifications". More BS with no support whatsoever, just your wild, speculative, uniformed OPNION. The middle class has already been destroyed, and that has been proven over and over and over again. Why not educate yourself, go read some of David Cay Johnston's books, he has several out there, and he uses offical IRS data and the evidence is crystal clear, the poor have been gettign poorer, the rich gettign richer and the middel class nearly gone.— October 17, 2011 9:32 p.m.
San Diegans on bringing in the feds
Perhaps we need a tax on every stock and hedge-fund transaction, to repatriate some of the money to the government where it can be used for the public good. == We do need that tax, but Refried is correct, the only "good" gov would do with new tax dollars is funnel it into gov employees back pockets in the form of bigger and better pay checks and benefits.— October 17, 2011 9:27 p.m.
Harrisburg, Pa. Files for Bankruptcy
One thing is for sure,the filings have all gone up recently and the number is likely to even escalate more. Much more. I was trying to find the sopurce of the muni BK numbers online and it looks to be from one person, a BK lawyer who has followed and documented the number of filings. I would not put all my eggs in his basket until I knew more about him and how he tracked the muni BK cases.— October 17, 2011 3:20 p.m.