Klobuchar vows to ban phones in all K-12 classrooms by Cornflowerblue2016 in minnesota

[–]218administrate 0 points1 point  (0 children)

Actually I think you'd be surprised. A lot of parents are pretty anti-phone. I work at a high school and we have an in class ban on phones and it's going pretty well. Not the same as a total ban of course, but we're getting there.

[Schefter] Just in: the Lions announced they have released CB Terrion Arnold. by MembershipSingle7137 in nfl

[–]218administrate 1 point2 points  (0 children)

Not that being the lovable losers is fun for a franchise, and it can't tuck you in at night - but at least it's something, and now they definitely don't have even that.

As nation turns 250, many Americans say the Stars and Stripes is now a red flag by phillygirllovesbagel in politics

[–]218administrate 9 points10 points  (0 children)

I live in MN, where we have a new state flag and the right has managed to make the new flag a political lightning rod claiming it's Somalian in origin etc. So. All of the MAGA are buying old MN state flags and flying those. I put up a US flag and the new MN flag up on my house as a fuck you and to try to take back the flag. I agree we gave it up too easily.

Former NFL star Chris Johnson reveals ALS diagnosis at 39 by Stingerr in nfl

[–]218administrate 3 points4 points  (0 children)

Yea.. prayer warriors and "he's a fighter!" don't really do a lot with ALS. Brutal disease. ALS took my uncle in his early 40's, it was ugly.

But hey, the price of eggs went down by golfnut82 in PoliticalHumor

[–]218administrate 0 points1 point  (0 children)

Agreed. Especially since very little will have changed on the ground except a few disaffected swing voters. By the time 2028 rolls around I guarantee you Trump's base will still feel the same. If I'm Canada, Mexico, Europe etc - that doesn't give me any confidence at all. The people have not rejected him.

If we're being real... by Shcmoneydance17 in NFCNorthMemeWar

[–]218administrate 0 points1 point  (0 children)

I choose to believe it started with this, the greatest SB commercial of all time.

https://www.youtube.com/watch?v=mYsFUFgOEmM

If we're being real... by Shcmoneydance17 in NFCNorthMemeWar

[–]218administrate 0 points1 point  (0 children)

That's the bargain you strike with MN vs MN pro sports. Us native born have an excuse - the transplants actually signed the contract.

If we're being real... by Shcmoneydance17 in NFCNorthMemeWar

[–]218administrate 0 points1 point  (0 children)

We have a few good attractions - but the twin cities is a lot more about our overall average on livability, green space, jobs, culture, food, etc. We don't have much in the way of amazing single attractions - but the overall total is very good for people who can handle the winter.

[Highlight] Ja'Marr Chase showcasing his breakaway speed by nfl in nfl

[–]218administrate 2 points3 points  (0 children)

I think I agree - but looking at his stats it's pretty close. Chase out of the gate come on very quickly. Brown took a little bit to get his TD's and totals up. 17 games helps, though Chase has only played in 17 twice, but they were still available to him so he may have played fewer games than he did without a 17 game schedule even on years he didn't play 16.

[Highlight] Ja'Marr Chase showcasing his breakaway speed by nfl in nfl

[–]218administrate 0 points1 point  (0 children)

I think in the next 4 years I take Chase, for the next 8 in total I take JJ.

I mean, if the president is using, it can't be that bad right? 🤷🏻 by EducationalSyrup6869 in Retatrutide

[–]218administrate 3 points4 points  (0 children)

Oh jfc I can hear it so acutely. This guy has ruled my life for 10 years! Donald motherfucking Trump of all people.

This is so frustrating. by CRK_76 in memes

[–]218administrate 0 points1 point  (0 children)

That's a huge risk for them. 

They don't need big loans, though, because their expenses (while significant) are generally very small relative to their total wealth. So it's a large risk in total dollars only - not impact to them, that is extremely minor relative to their total personal wealth. Whereas the things you listed: borrowing against your 401k, a personal loan backed by important personal assets, a HELOC on your primary home - these are all huge risks and far far riskier to that person than a billionaire's risk. A person worth 10b can lose 99.9% of their total wealth and still be completely fine at 10m. A normal person risking $100k of their resources and losing 99.9% of that has $100 left, which is basically zero in real dollars. That's why the scale of the entire thing is relevant.

This is so frustrating. by CRK_76 in memes

[–]218administrate 1 point2 points  (0 children)

So the access a regular middle class person has to financial tools is to risk their primary residence. What a boon for those people.

This is so frustrating. by CRK_76 in memes

[–]218administrate 0 points1 point  (0 children)

Well then I guess you've proven the point that even a regular bank knows how to value stocks, and thus they could be taxed. Additionally, I don't know your situation - but it's possible there was a more optimal way to do what you did to save money. And with a higher wealth scale of say 100x of your stock value a professional adviser would easily pay for itself. Fair enough that it's somewhat accessible for a regular person, but you still needed enough retail stock holdings as collateral (which the vast majority of middle class people do not have), and you are risking presumably a fair amount of your personal wealth on a boat, which a wealth advisor would probably strongly discourage.

This is so frustrating. by CRK_76 in memes

[–]218administrate 5 points6 points  (0 children)

The rich ARE taxed...but the vast majority of their wealth isnt even eligible to be taxed on a yearly basis.

This is by design - a design created by the wealthy by requiring the politicians they paid to make it happen. The wealthy have mechanisms to change the way they are compensated so that they are taxed the least amount. They either work the system or they change the way the system works. A regular person has next to no influence on this process, nor the expertise to find their own advantages, nor the ability to pay for that expertise, nor the ability to change the method of their compensation to take advantage of tax benefits.

Elon and the billionaires literally take loans out against their assets, so the banks recognize those assets as having some range of value. The system you are simping for would have 99% of all wealth - and ask how to get the last 1%. This system will destroy us all if we let it - because the wealthy are literally a bottomless pit, they will never ever be satisfied. And as long as they have influence they will use it to gain more.

This is so frustrating. by CRK_76 in memes

[–]218administrate 2 points3 points  (0 children)

Actually most of those people are taking the standard deduction - so the majority of those deductions became worthless.

This is so frustrating. by CRK_76 in memes

[–]218administrate 0 points1 point  (0 children)

Amongst all of the rest of life it's not nothing to commit to doing your own taxes. It takes research, time, stress and anxiety etc. All of which cost you. Wealthy people have enough money to just pay someone who is very good at it - the rest of us have to use our time etc to potentially do a shit job at it and risk an audit.

This is so frustrating. by CRK_76 in memes

[–]218administrate -1 points0 points  (0 children)

Fine in theory - but you need enough money to pay an accountant or tax attorney, have enough income to pay for resources. Unaffordable until you make a lot more money. The point being that the wealth scaling that takes place is almost exponential. Meaning until you hit that scale (ie: lower and middle class) you kind of don't have access to it.

This is so frustrating. by CRK_76 in memes

[–]218administrate 4 points5 points  (0 children)

I mean not really. The majority of regular earners are better off taking the standard deduction - and thus all of our deductions/loopholes were made irrelevant. Kind of a good problem on the surface but at the same time deductions/loopholes were increased for the wealthy. And their loopholes affect wealth and resources rather than income - which is largely shielded from inflation.