See what happens when you raise you hand,
[QUOTE=DaddyRulz;436483]Honestly no, I only meant that remark in terms of progressive / conservative not specific platform issues or any idea of transferred racism. You know me hoss, I think they all fucking suck. I wasn't meaning to draw this into a debate, I really couldn't possibly care less. At the start I was just asking a question about that guy because I was curious. Apologies for any ruffled feathers bubba.[/QUOTE]You better know your stuff, and make sure you comb your hair.(smile)
Blew you out of the Water
Maybe he should be more left, the stock market went UP, UP, UP.
All time HIGH!!
[QUOTE=Doppelganger;436466]Well maybe if you got the federal alphabet soup of agencies off everyone's back that might happen. [b][u]As long as Obama keeps pushing the country left there is no incentive for business to expand.[/b][/u]
I guarantee you paying people NOT TO WORK is not the answer.[/QUOTE]
Twitter: Wall Street enriching themselves again
[QUOTE=WorldTravel69;436464]The guys are going to start creating jobs soon.
Remember those ones that are getting big tax breaks to create jobs.[/QUOTE]Maybe the Wall Street guys who made over a billion in free money on Twitter last week will create some jobs. Twitter priced 70 million shares at $26. The stock traded 145 million shares last week in the mid 40's, an automatic 70% gain for shareholders. Most of whom are wealthy investors and hedge funds who had access to the IPO. [B]$1.3 BILLION in instant wealth creation for the wealthy.[/B] And they will pay a lower tax rate on this income than many middle class workers. Republicans told us over and over these tax breaks will lead to job creation by these wealthy "job creators". Imagine how many jobs could be created with $1.3 BILLION. I'm sure there will be an announcement soon.
And speaking of Twitter...
A concerned citizen named Heather Higgins started a twitter account named @mycancellation for people to post copies of their health insurance cancellation letters.
Within a short time she had more than 1,000 followers.
However, apparently some liberals took notice and enlisted thousands of their like-minded cohorts in a campaign to bombard Twitter with false reports claiming that they were being spammed by @mycancellation.
In response, Twitter quickly suspended the @mycancellation account.
It ceases to impress me how liberals are the first to scream "Freedom of Speech" unless you're saying something to which they do not agree, i.e. Ann Coulter, Raymond Kelly and David Petraeus all recently being shouted down while making public speeches.
[url=http://lmgtfy.com/?q=saul+alinsky]Saul Alinsky[/url] would be proud.
Jax
[QUOTE=http://www.washingtontimes.com/news/2013/nov/6/twitter-faces-fire-freezing-obamacare-horror-story/]Twitter administrators are facing fire for freezing the account Mycancellation.com, which allowed Americans negatively affected by Obamacare’s rollout to post their stories.
More than 3.5 million people across the nation reportedly have seen their health insurers drop their plans. The Twitter account gave them an outlet to display photographs of their cancellation letters or their notices of rate increases, the Daily Mail reported.
But in a single week’s time, the account was frozen three times — the latest of which occurred Tuesday, absent any email notification, one site creator said, The Daily Mail reported.
Heather Higgins, the president of the Independent Women’s Forum — the group that led the social media campaign — said politics are likely at play.
“Since we haven’t abused any of Twitter’s (seemingly quite subjective) standards, either someone at Twitter objects to the real cost of these ‘liked insurance I wanted to keep’ cancellations being given a human face, or there is an organized campaign by Obamacare-reality-deniers to spam Twitter with false claims of abuse,” Ms. Higgins wrote at Ricochet.com.
Posters on Mycancellation.com have shown letters from 80-plus insurance companies, and most claim the cancellations or rate increases are due to Obamacare, the Daily Mail reported. One poster showed a letter that indicated a rate increase of 299 percent; another, of 315 percent.[/QUOTE]
Not trying to bust your balls
[QUOTE=HotRod11;436503]Today the US Navy christened the aircraft carrier Jerald Ford.[/QUOTE]It would be pretty funny though considering how Chevy Chase played him on Saturday Night Live it they actually did christen it with exactly this name.
Other than your own envy and personal jealousy, what's your complaint?
[QUOTE=Esten;436512]The red herrings from Jax and Tres don't change the fact that Wall Street took in a giant bonanza on the Twitter IPO last week.
145 million shares traded in 2 days. The shares sold are actually a combination of pre-IPO shares priced at $26, and preferred convertible shares from earlier investors. So much of these "asset purchases" became booked profits, which will be reported as investment income. Tres is correct, I didn't mention short vs. Long term capital gains rates. Thanks for the reminder. The income will be taxed at either long or short term rates depending on the shares involved, and hedge fund managers will pay a lower tax rate as well (the "carried interest" loophole).
The profits could be greater than the $1.3 BILLION I estimated, since the preferred shares were bought at prices as low as $2.67. Yes the gain is not realized until the shares are sold, but there was a lot of selling last week. No doubt, the Wall Street shills will argue that the early investors "risked" their money, and created some jobs at Twitter. But they took care of themselves in the end, with the IPO. The others who got in at $26 got completely free money. A Wall Street-engineered bonanza no matter how you look at it.
Jax and Tres may be shooting fish in a barrel, but they're using a kid's water pistol.
T. Rowe, Morgan Stanley funds sitting on whopper Twitter gains
[URL]http://www.reuters.com/article/2013/11/06/us-funds-twitter-ipo-idUSBRE9A517Z20131106[/URL][/QUOTE]Esten,
So what?
Ask yourself these questions:
- Are you any less poor because Twitter's true market value has been established?
- Are you any less wealthy because these other guys made some money?
- Was your personal financial situation affected in the slightest way by any of this?
- Other than your own envy and personal jealousy, what's your complaint?
Thanks,
Jax.
Warren Buffett isn't jealous
Warren Buffett sees what Wall Street is getting away with. Is Buffett envious of Wall Street? Is he jealous? Of course not, that's absurd. There's a valid point behind the criticism, and any suggestion that such positions are based on jealousy is just more right wing drivel.
[QUOTE]“There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.”
- Warren Buffett[/QUOTE]Any of you guys get those TWTR shares at $26 ? Nope, because firms like Goldman Sachs only distributed them to Wall Street friends and insiders. Pocketing $59 million in "fees" for distributing free money. Twitter is only one example of how Wall Street rakes in huge profits year after year.
Here's why we need to shed more light on Wall Street:
1. To understand how much money they leech off the US economy.
2. To understand how they mostly use this money to play in their rigged casino, rather than creating jobs.
3. To understand how much truth is in the Republican claim that they are "job creators".
4. To factor in #1-3 above so we make sound decisions about regulation, government revenues and spending, entitlements and balancing the budget.
What will we do without you,
[QUOTE=Punter127;436562][b]Somebody kick the jukebox, it keeps playing little dreamer dream on, over and over and over.[/b]
Yes you should be embarrassed by the start, but how will these changes you speak of come about without new legislation? Even Democrats are starting to run from ObamaCare.
[url]http://www.breitbart.com/Big-Government/2013/11/13/Obama-Landrieu-Udall[/url]
What about the five plus million that have lost their health care insurance, what will they do while you get ObamaCare “humming”?
How many people will be canceled when the employer mandate kicks in?
You should be ashamed that you haven't expressed concern for the people who have been canceled, and what about the people that don't qualify for a subsidy but for whatever reason can't afford the increased premiums? Remember ObamaCare only looks at your AGI.
And what gives the government the right to dictate to people what coverage they have to purchase?
I think before it's all said and done ObamaCare will go the way of prohibition.[/QUOTE]Banging the tables with your fists, and stomping on your feet.
A friend of mine love to travel at 5 star level, but he actually hardly ever bother about leaving the comfort of the hotel. And if he did, he would go to the luxury malls that sold the same merchandise in Los Angeles. What he seem to get a kick from traveling was to go to the front desk / manager and complain about this matter, or that service. Or write a letter to an airline complaining about a bad landing, or the flight attendant forgot to give him a hot towel. Once on a cruise ship, he went on a 2 day campaign about a 75 cent overcharge on the internet fees.
I know, I know, it's not quite the same thing. But give it a rest, things will work out. And you might even be right. And then I will bestow upon you, the Supreme Order of the Righteous Knight of Beach Road.
P.S. All I have to do is Dream by the Everly Brothers, that is one sweet song. How did you guess it was one my karaoke favorites?
We were on the same sinking ship!
[QUOTE=Punter127;436566]Easy for you to say give it a rest, you still have insurance that somebody else pays for.[/QUOTE]Now that we are on the lifeboat, try not to move around too much and capsize the damn boat. I can't swim, can you?
The AP insurance lobbyists.
Change create fear, and the insurance industry knows this. They are making a killing, and they are not going to walk away without a big fight. They are not run by fools. They have the means & ability to shape policies and and influence legislation.
And who are we? We are like the chickens who goes into a frenzy when the corn is thrown into the yard. For all the cackling and posturing, most end up with stepping in shit and are happy with it.
It did not meet the requirement of a good plan!
In other words, they only offered only sub-prime coverage, aka shitty coverage.
They should offer new coverage to them, that gives them the best of Health Care coverage.
Gee, why is that so to hard to do? Profits do not Allow that!
Dccpa:
Do the Math, it will be Cheaper for the people, than Paul Ryan's Plan.
Where is The Republican Health Care Plan That Will Work for all of Us. Not Just Benefit The Insurance Companies?
They Do Not Have One, why because the party is Split into many fractions. The reason the Tea Party! The know nothing about Politics.
Come on Dump Them.
[QUOTE=Dccpa;436575]It is a hell of a lot more than 5 mm people. IBM, HOME DEPOT, GE, etc., etc., etc., have all cancelled their plans. My plan was cancelled. The person who sublets from me even had his Medicare supplement policy cancelled. I know of a lot of people who have had their insurance cancelled.
Today's announcement is worthless for most people. The insurance companies can offer the policies, but they don't have to. My idiotic governor chose the federal exchange, so what are the odds he will reinstate the state plan that was cancelled? I would love for Obummercare to be cancelled, but it isn't going to happen. It will end up as another Federal program that runs at a deficit in a country that can't pay for all the deficit programs we already have commited to.[/QUOTE]
Did not know you were on the Titanic!
[QUOTE=Punter127;436584]There is little doubt in my mind as to what you personally would do. As for the "Captains" adjustment of the sails, I find it reminiscent of the adjustments made by the Captain of the Titanic, unfortunately also like the Titanic it's to little and to late. To complicate matters even more what the "Captain" just did has a little Constitution problem, you do remember that dusty old thing called the Constitution don't you? Well "The Take Care Clause of the Constitution absolutely forbids any president from doing exactly what Obama did Thursday.
[URL]http://www.breitbart.com/Big-Government/2013/11/14/Obama-s-Fix-is-Unconstitutional[/URL][/QUOTE]Yes, the great and illustrious Howard Dean, we shall see. But it was never about health care with you, anyway.
Thanks for the lecture, sir.
[QUOTE=Punter127;436586][b]There's a lot of things you don't know![/b]Funny thing is it was never about health care with you. It's power, control, an agenda, and nannyism.[/QUOTE]I will wait till tomorrow to look in the mirror. For you, I would advise otherwise, the mirror might crack. You are priceless.
It would be nice to know.
[QUOTE=Tiny12;436596]This insurance policy may be worth a look if, like me, you're losing yours at the end of the year. I just signed up for it:
Blue Choice Gold PPO 001 offered by Blue Cross Blue Shield.
The policy provides out of network and international coverage. Their network is very large and includes first class hospitals, for example, Hospital Aleman in Buenos Aires. And Johns Hopkins, M D Anderson, etc.[/QUOTE]Now that you found an alternative health plan, how does it compare with your old plan, and it's impact on you. Come on, do us a public service. People are hungry for 1st hand experience with ACA.
Any Bangkok hospitals on the list? Yeah, I know, do your own legwork, but since you are here, er, do us a favor.
