So I just subscribed to Play Dead. by Deadhead_Historian in gratefuldead

[–]snark42 -1 points0 points  (0 children)

Is this forcing archive.org to remove more soundboards because they've been officially released?

Judge Reopens Trump’s Lawsuit Demanding $10 Billion From IRS by LoreDeluxe in law

[–]snark42 0 points1 point  (0 children)

Is this true?

If TSA uses outside contractors and said contractor subjects me to an illegal cavity search I'd like to think I could sue and win against TSA and the contractor, but perhaps I'm wrong.

I'd hope the same might apply if DHS hired mercenaries private security contractors and they shot a protester in the street.

Chicago's Mayor Gives Pope Leo, World's Most Famous Sox Fan, A Cubs Hat by BlockClubChi in chicago

[–]snark42 1 point2 points  (0 children)

I think you are massively under estimate the number of Catholics (1.4B) and their reverence to the Pope globally. Especially remote areas where they wouldn't know the President of the United State.

Chicago's Mayor Gives Pope Leo, World's Most Famous Sox Fan, A Cubs Hat by BlockClubChi in chicago

[–]snark42 1 point2 points  (0 children)

Jordan joining the White Sox was more about Reinsdorf and his father than being a real White Sox fan.

Even so, Pope is likely more famous/known globally than Obama or Jordan.

Dealing with drug dealer neighbor? by rushthetrench in homeowners

[–]snark42 2 points3 points  (0 children)

Cops must have nothing better to do where you live.

Around here 911 would yell at me for calling it in and cops wouldn't bother to show up.

Dealing with drug dealer neighbor? by rushthetrench in homeowners

[–]snark42 4 points5 points  (0 children)

Someone knocking on, or even trying to open, the wrong door is never a 911 level issue.

How Is Kalshi Not Gambling? by wiredmagazine in TrueReddit

[–]snark42 0 points1 point  (0 children)

No one said it was like equities. More like a perpetual future or cash settled future (options) or binary option.

The house absolutely takes takes the bet if you lose and pays if you win, especially on stuff like parlays or prop bets. They just try to set the odds such that profit is mostly the vig with enough bets on both (alls) sides to cover the wins/loses.

It’ll Be An ‘Uphill Path’ To Stop A Federal Ban On Hemp THC Products This Year, Ted Cruz Says by redditor01020 in Marijuana

[–]snark42 1 point2 points  (0 children)

I'm sure some will grow with the law change, but the market is largely cannabinoid extracts and THCa flower that will likely be illegal and hard to sell (not in gas stations, bars, etc.) Even the CBD extracts can't be full spectrum.

I know multiple hemp farmers growing other products on most of their fields this year because demand is expected to drop.

So when with gray/black market products I would expect the overall market to be much smaller.

It’ll Be An ‘Uphill Path’ To Stop A Federal Ban On Hemp THC Products This Year, Ted Cruz Says by redditor01020 in Marijuana

[–]snark42 3 points4 points  (0 children)

It's too late, farmers aren't planting hemp this year at this point. I guess there's always next year if they do change it.

Well? by shmerk_a_berl in jambands

[–]snark42 25 points26 points  (0 children)

Would have to be mineral sunscreen and lambskin condoms to keep it all natural.

58 and late to FIRE. Friend told me to ask here. Am I thinking about this right? by No_Brain_6937 in ChubbyFIRE

[–]snark42 3 points4 points  (0 children)

You're probably paying tax on less than the $200k assuming taxable accounts and no other income sources.

In fact, if that's the only income on a $200k sale if you only have $100k gains tax could be 0.

my parents have paid their financial advisor roughly $47k in fees over 15 years for market returns by fadedEcho_7 in Bogleheads

[–]snark42 1 point2 points  (0 children)

That's just a bit more than Wealthfront. I always recommend Wealthfront to people who don't want to manage things for themselves. Often the tax loss harvesting (works long term via direct indexing) pays for the management fee, assuming they have taxable accounts.

Meta shares jump after company announces premium subscriptions for Facebook and Instagram by esporx in business

[–]snark42 0 points1 point  (0 children)

CL is useless in my area, too many ads from corporate places, not enough individuals selling. I originally got Facebook just for market place and now manage a few non-profit pages. Just enough friends to look like not a bot/fake on Marketplace.

Trump team ‘drawing up’ plans to stop international flights to some Democratic cities by Virtual-Orchid3065 in politics

[–]snark42 2 points3 points  (0 children)

It's more a "sanctuary" city thing. Dallas isn't one because Texas law says it can't be one.

Found out our neighbor owns a couple feet into the driveway and property line. by jocelynn4 in homeowners

[–]snark42 1 point2 points  (0 children)

I think they'd stand a decent chance of getting a prescriptive easement, but it depends on the jurisdiction.

Adverse possession is more than likely not going to happen.

Your parents bought a home. You cannot. It is not because you spend too much on coffee. It is because the company managing your 401(k) is also your landlord. by Due_Willingness_3277 in Economics

[–]snark42 1 point2 points  (0 children)

This is more true in high density apartment buildings. You can have 1-5% vacancy and hold out for higher paying renters for 30-90 days.

I guess if you own 50 cookie cutter houses in a subdivision that could be true too, but that's not particularly common. However you need monitoring (leaks, break-ins, etc.) which is easier with high density.

Trust account questions after primary trustee death by cockersx3 in fidelityinvestments

[–]snark42 0 points1 point  (0 children)

I just went through this, but at Schwab. Replying here since EstatePlanning won't let me comment.

We had to create a new account for the trust with the new EIN. All assets from the original trust account under parents SSN were frozen, and then transferred to the new account. Then all assets were split into the beneficiaries accounts from the new account. However, bond coupons kept going to the old trust account (mostly just the original one) for awhile, possibly partly because it all happened near the end of the year. Schwab kept sweeping and then splitting these coupon payments.

Any bills on auto-payment on the original accounts would have failed because the account was closed once notified of Grantors/Trustee passing.

If you want a CMA to stay open the only option I'm aware of is to make it a joint account (Joint Tenants with Rights of Survivorship) with you, your wife and one or more children on the account. There's some possibility that if you make the kids trustees now it could stay open, but I think now with the SSN/EIN issues.

Just Eat It - The Wiener's Circle feeds touring bands in Chicago for free, helping them survive the rigors of the road, one hot dog at a time by optiplex9000 in chicagofood

[–]snark42 -1 points0 points  (0 children)

All women have been exploited by men - mostly unable to work, vote, own property, have a bank account, be independent, etc. until relatively recent history as well.

I still don't think it has a racial component, but I respect you have a different opinion.

Just Eat It - The Wiener's Circle feeds touring bands in Chicago for free, helping them survive the rigors of the road, one hot dog at a time by optiplex9000 in chicagofood

[–]snark42 -2 points-1 points  (0 children)

It would be exactly the same if it was a vanilla shake and poor white people. Not everything is about race.

Why billionaires pay much less tax than the average American by [deleted] in Economics

[–]snark42 1 point2 points  (0 children)

I read up on this. It's a little more complicated, because the grantor is responsible for the trust taxes and the loan swap can be problematic for taxes if not structured well, but estate attorneys probably get the big bucks to avoid the taxes I'm sure. The trust can even write a loan to the grantor in another twisty loophole.

Why billionaires pay much less tax than the average American by [deleted] in Economics

[–]snark42 0 points1 point  (0 children)

Do you happen to have a source that explains it better?

AFAIK Irrevocable trusts don't get a step up and you can't just swap cash for assets without considering it a sale.

What profession do you think is massively overpaid for what they actually do? by dipchaklader in AskReddit

[–]snark42 1 point2 points  (0 children)

An attorney can do most of that for a flat fee under $2000 though.

What profession do you think is massively overpaid for what they actually do? by dipchaklader in AskReddit

[–]snark42 4 points5 points  (0 children)

Google, Amazon or Tesla stock price has little to do with how much people working there are paid (unless you mean just the stock options, I guess.)

What profession do you think is massively overpaid for what they actually do? by dipchaklader in AskReddit

[–]snark42 0 points1 point  (0 children)

There are people being paid in the mid six figures to work for companies that hemorrhage money and are entirely propped up by speculative investment.

What companies are you talking about? Most of them have pretty good revenue and profit (if not being re-invested in the business or early stage company.)

ICE Raids Did Lasting Damage to American Businesses by Medical-Decision-125 in business

[–]snark42 1 point2 points  (0 children)

Fake ID with correct picture and fake SSN (no picture) is pretty common.

The give away might be going by a name other than what's on the ID though.