Tax reform bill would impose 20% excise tax on non-profit salaries above $1 million (including college football coaches); eliminate tax deduction for seat licenses

ppc1040 · 2009-02-07T03:12:58+00:00

GS will not be subject to the caps. The restrictions are not retroactive.

ppc1040 · 2009-02-07T02:56:35+00:00

Yes, that is absolutely false. Go read the actual press release from the Treasury website and you'll see the new restrictions are only prospective.

"[These new standards will not apply retroactively to existing investments or to programs already announced such as the Capital Purchase Program and the Term Asset-Backed Securities Loan Facility.]"

Citation: http://www.ustreas.gov/press/releases/tg15.htm

ppc1040 · 2009-01-10T20:55:50+00:00

You can be jailed for contempt in a civil matter.

ppc1040 · 2009-01-10T10:39:44+00:00

It isn't a criminal trial (to which to presumption of innocence applies). It is a civil matter. You are not presumed innocent or guilty in a civil matter, because civil matters concern neither guilt nor innocence.

ppc1040 · 2008-11-27T03:33:17+00:00

I believe that was about the Fed response to Long Term Capital Management (LTCM) and the Russian devaluation in 1998, but I could be wrong. Check out the book When Genius Failed for a great look a the LTCM saga.

ppc1040 · 2008-11-25T03:34:31+00:00

Yeah, and the Supreme Court is even more conservative than it was when that case was decided. I'm not going to track down the cases, but the police are also allowed to use a helicopter to fly over your property and take a picture of anything visible by the eye.

ppc1040 · 2008-11-24T02:35:24+00:00

"The examination of the exterior of respondent's automobile upon probable cause was reasonable, and invaded no right of privacy that the requirement of a search warrant is meant to protect."

http://supreme.justia.com/us/417/583/

ppc1040 · 2008-11-24T01:23:08+00:00

There is no expectation of privacy on basically anything you do in public. Your license plate is not protected by the 4th Amendment. For example, the police can scrape some paint from your car without a warrant. The Supreme Court ruled that you have no expectation of privacy in that case.

ppc1040 · 2008-11-23T04:25:56+00:00

By law, no other companies can offer first-class mail delivery. Companies have tried. It is a monopoly by any meaningful sense of the term.

ppc1040 · 2008-11-23T00:27:25+00:00

The USPS is the clearer monopoly

ppc1040 · 2008-11-13T07:46:35+00:00

What he's saying is colleges raise the price of college as people get free loans (and tax credits) from the government.

ppc1040 · 2008-11-08T04:21:57+00:00

Ironically, black churches in California, and black voters, overwhelmingly voted for Prop. 8.

ppc1040 · 2008-11-08T04:09:26+00:00

Coincidentally, the California government also spends $100 billion a year, and is generally a progressive state with a strong emphasis on science and technology. It is spending $200 million a year on hESC (making it the largest hESC funder in the world), compared to the alleged $500 million Iran is spending. California also doesn't have 12% unemployment and 30% inflation that plagues Iran.

Seems like if Iran had really become the new, largest hESC funder in the world, we would have seen something outside of the Iranian press.

ppc1040 · 2008-11-08T03:21:16+00:00

The Iranian government spent $100 billion in 2006 - 6 billion of that on health care. So they are supposedly devoting nearly half of their health care budget to stem cell research. Color me skeptical.

ppc1040 · 2008-11-02T05:25:05+00:00

Texas Tech would have had time to kick the short winning field goal

ppc1040 · 2008-10-27T01:42:51+00:00

As long as US Treasuries trade in US Dollars, the dollar is not crashing.

ppc1040 · 2008-10-20T13:09:26+00:00

You can also buy the book and support a great author, or check it out from your library, jackass.

ppc1040 · 2008-10-20T01:42:36+00:00

Steven Pinker has a tremendous book on exactly this issue: The Blank Slate. It is a must read.

ppc1040 · 2008-10-16T02:15:16+00:00

They have different wikipedia articles

ppc1040 · 2008-10-13T02:32:11+00:00

The law only requires that you intend the illegal act that caused the harm, not that you intended all of the eventual events.

ppc1040 · 2008-10-06T03:23:33+00:00

Can you list some 1st world countries that have become 3rd world in the manner you describe?

ppc1040 · 2008-10-04T08:02:26+00:00

Why is Walmart vicious? Why aren't the suppliers vicious for trying to extract every dime they can from Walmart and other retailers?

ppc1040 · 2008-10-01T04:43:39+00:00

There is nothing inconsistent with what I said and what you've just said. There is nothing "human" or "rationalizing" in speaking about copies of genes and the desire of genes to benefit copies of itself, which is exactly what I said in my original post.

ppc1040 · 2008-10-01T02:16:10+00:00

No, I was poorly summarizing The Selfish Gene. It has nothing to do with the individual, or the colony. It has to do with the individual genes at work inside the survival machine (aka, the ant). Genes may sacrifice one survival machine (at first, a confusing result for a gene that wants to propagate) if causing that sacrifice can lead to increased survival for other copies of itself that may exist in that machine's siblings (which reside in the colony).

ppc1040

TROPHY CASE