Open Thread


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  1. “Just caught up on the OT action. I think I’m actually a little bit dumber than I was 5 minutes ago. Thanks, OT.”

    sweet – maybe you’ll stop listening to lectures on your ipod and arguing about stats and start being more Sheen.

    (sheen is a new adjective i’ve created to be synonymous with “awesome” – based off charlie sheen doing only things that are awesome)

  2. “those two paragraphs exemplify alot about what’s wrong today.”

    Why??? Any sane individual will be a rational economic actor, seeking to avoid higher taxes.

    Is there something morally wrong with ETFs or the fact that there are bonds out there , sanctioned by the federal and state gov’t that are tax exempt???

  3. m4l – i’m not talking about myself – or anyone else in my situation. i realize i could buy something if i wanted to or if i saved more. i’m not really affected at all by any of this, and i realize that.

    i’m only talking about the people in the manufacturing belt, or new orleans, or anyone else who had a job and doesn’t now, and has no other prospects.

    some people out there are totally, 100%, absolutely fucked.

    dave will say it’s because of unions. some leftier people would say it’s be corporations putting profit above people.

    i don’t really know – but i think it’s fucked up no one really cares about these people and somehow in a time like this we are thinking about giving the gov’t less money to spend – despite its shitty track record.

  4. M4l – actually it is about more pay. finance types notwithstanding, the rest of us are getting paid PEANUTS for the work we do – most of my friends work in media or publishing and haven’t seen a raise in 3-4 years. Meantime they are expected to work 11 hour days and keep a BB and deal with any issues at night/weekends b/c they have laid off countless employees and the remaining employees have to pick up the slack – meantime many of these corporations made RECORD profits in 2010 – wow, I wonder why?

  5. etson- the Republican’s main interests are business and corporate. I happen to be one of those odd people who thinks the government should put the people first, not corporations. I understand the whole economy/ jobs thing but I think we can see from this somewhat recovery, that the jobs have not necessarily followed as businesses recover. And in the long run that will come back to hurt businesses.

    I have read comments by many Republicans saying that they want to get in and hold power, and undermine the Democratic parry. It’s pretty obvious Walker wants that. Unions are big Democratic supporters. So why is it ok to bend over backwards for corporations who seem to traditionally support republicans yet use the power of office to gut democratic support? Hardly the work of a party that believes in a 2 party system.

    I would also point out the present attempt at gutting Planned parenthood and other programs that help young children and their families- while claiming the mantle of the “Family values” party. Constitutional rights? Is that what they believe in when they try to destroy a woman’s right to choice, or the right of gay people to marry?

  6. “It gets sheltered through the tax laws, otherwise known as loopholes. Lots of it will be kept offshore. With regards to states, it just moves to another one of lesser tax rates.

    With the recent selloff in municapla bonds, now is a really great time to look at Nuveen tax exempt ETFs…primarily the ones that are onbly tax exempt at the federal level.”

    those two paragraphs exemplify alot about what’s wrong today.

  7. DH, you starting to sound like Tybur6 now about cant afford to own a sweet pad in the most expensive hoods in BK. dude, you can buy a 1 bedroom pad now in sunset park, bay ridge, forest hills, jackson heights,… But specifically in real estate, prices are TOO DAMN HIGH but solution is not more pay but gov staying the F out and let it correct. why the fuck does the gov have to commit that much time & money to inflate real estate?

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