Florida State Seminoles

[Saint]

[img2]http://www.sdakotabirds.com/feathers_an ... ughing.jpg[/img2]

[crashcourse]

Isn't there a chapter in revelation about that guy?

[Hizzy III]

That's the NFL's defensive coach of the year. Recognize!

[Bklyn]

http://www.jpost.com/JewishWorld/Jewish ... ?id=254842

To be an editor of a Hebrew periodical, he does not understand Iran or the situation.

[Bklyn]

Apple, Jobs (the common noun, not the proper) and the Middle Class

http://www.nytimes.com/2012/01/22/busin ... wanted=all

[eCat]

http://www.jpost.com/JewishWorld/Jewish ... ?id=254842

To be an editor of a Hebrew periodical, he does not understand Iran or the situation.

This is the kind of shit I've been railing about for years.

How is this man not an enemy combatant in Guantanamo? Because you know if it was a Muslim American, his ass would be black bagged in a heartbeat.

[Toemeesleather]

The horrible inhumane act of actually contributing to your own pension and insurance is considered legalized slavery to Dems/Unions in Wisconsin.






Since last summer, unions have fired every weapon in their arsenal at Mr. Walker and state senators who voted for his collective-bargaining reforms for government workers. Union members must now contribute a very reasonable 5.8% of salary toward pensions and 12.6% toward health insurance, and unions must collect dues from members, rather than having it done by the government. In their pique, Big Labor waged and lost a bitter fight over the election of a state Supreme Court Justice and spent millions trying to recall Republican state senators.

[sardis]

http://www.jpost.com/JewishWorld/Jewish ... ?id=254842

To be an editor of a Hebrew periodical, he does not understand Iran or the situation.

This is the kind of shit I've been railing about for years.

How is this man not an enemy combatant in Guantanamo? Because you know if it was a Muslim American, his ass would be black bagged in a heartbeat.

or white Americans

http://charlotte.news14.com/content/hea ... ma-threat/

This is a guy I casually know because he actually owned a successful firm at one point until he became a substance abuser.

[Hizzy III]

Sign in northeast Houston. If Houston cops are behind this, it's actually somewhat brilliant. Otherwise, this is yet another example of a dumbass criminal. Or maybe it's even a pissed off resident who simply came up with a unique way to finally draw attention to an ongoing community horror.

[Bklyn]

All threats against the President are investigated by the Secret Service. If you are found to be a legit threat, or clinically determined to be mentally ill, you will be arrested.

My guess is the Jewish journo will see nothing beyond the investigation.

Tax Rate of the Last 8 Presidents (and Romney)

http://www.washingtonpost.com/blogs/ezr ... _blog.html

[Bklyn]

maybe it's even a pissed off resident who simply came up with a unique way to finally draw attention to an ongoing community horror.

Bingo

[Bklyn]

Also, you know Romney was not paying taxes on that Swiss account back in 2003 or 2004. My guess is he did not start doing it until FBAR made him.

[sardis]

All threats against the President are investigated by the Secret Service. If you are found to be a legit threat, or clinically determined to be mentally ill, you will be arrested.

My guess is the Jewish journo will see nothing beyond the investigation.

Tax Rate of the Last 8 Presidents (and Romney)

http://www.washingtonpost.com/blogs/ezr ... _blog.html

Looks like Oprama needs a better tax advisor...

[Bklyn]

The Clintons were actually the worst (in 2000, when Hillary started her run). I think their effective tax rate was close to 33%.

The thing with President Obama's taxes is that most of his wealth came in the last 15 years. So, his investment income would be low and his ordinary income would drive the majority of his taxable income.

I bet he's taking advantage of all he can. It looks like it to me.

[Bklyn]

Wow, yeah I said it...Sarah Palin is right

http://cityroom.blogs.nytimes.com/2012/ ... &seid=auto

[Bklyn]

State of the Union Impact

The state of our union is unlikely to be substantially affected by a speech. That's what history tells us, anyway. In 2010, Gallup went back and looked at post-SOTU polling for the last five presidents. Jimmy Carter's average bump was...negative one percent. Ronald Reagan did no better. Nor did George W. Bush. George H.W. Bush, however, did worse -- he tended to lose four points in the polls when he delivered a State of the Union address. Bill Clinton gained, on average, three points.

The real importance of the State of the Union is that it lays out the White House's agenda for the next year. But that matters more in years when the White House has some chance of passing its agenda through Congress than in years when it doesn't. Last year, for instance, Obama exhorted Americans to win the future by investing in scientific research, clean energy and infrastructure. But as Glenn Kessler details, Obama's proposals languished in the divided Congress. Instead, Congress spent much of its time almost letting the government shut down, almost defaulting on the national debt, and almost letting the payroll tax cut and unemployment insurance expire. Forget winning the future. In 2011, we almost lost the present.

http://www.washingtonpost.com/blogs/ezr ... _blog.html

[eCat]

Wow, yeah I said it...Sarah Palin is right

http://cityroom.blogs.nytimes.com/2012/ ... &seid=auto

I can understand the sentiment, but Newt is the GOP anti-christ. Saying he was an embarrassment kept Christie from having to say he'd single handedly destroy Democracy

[Bklyn]

If you care to know what it looks like behind the curtain in my world (although a bit heavy handed, so discount for that)...

Here is how the subsidy works: The Internal Revenue Service allows for the tax-deductibility of interest expense on corporate debt. Since corporate debt is the mother’s milk of a leveraged buyout, there would be no private-equity/LBO industry without this huge tax benefit. Indeed, anyone who has used an Excel spreadsheet to model a leveraged-buyout -- you know who you are! -- knows that the magic of the entire industry depends almost solely on the interest-expense provision in the tax code.

By loading up a company with debt and then deducting the resulting interest expense, tax payments are generally wiped out, allowing the remaining “free cash flow” to be used to pay down the debt taken on to buy the company in the first place. Given that tax revenue is necessary for the government to function, this means the rest of us provide a subsidy that allows the private-equity firms to thrive.

If the company a private-equity firm invests in does well, the original borrowed money is paid down, interest expense is reduced and profits slowly but surely rise, creating equity value for the private-equity investor. Over time, if the company is performing well enough to pay off its debt load and show net income, it will either be sold outright, taken public through an initial public offering or re-leveraged to allow the private- equity firm to take out a hefty dividend and begin the process of financial alchemy all over again.

http://pensionpulse.blogspot.com/2012/0 ... bsidy.html

[sardis]

I disagree with him on the interest deduction in of itself being a subsidy. The interest expense on the debt used to purchase a business is a legitimate business expense/cash outlay that should legitimately be allowed to off-set any profits from that business. It matches the economics of the deal and whatever they deduct they will eventually have to recognize as gain when they sell. The unfair advantage to the hedge funds and private equity firms is in the characterization of the losses taken versus the characterization of the gain recognized on the end. The losses are ordinary which offset 35% income while the gain is capital recognized only at 15%. I can see that as being unfair. Why should i be able to only pay 15% of the gain on the "recapture" of the losses I took at 35%. Will correcting that advantage it make it fairer? I believe it does. Will correcting it help bringing in more revenue? That's a tough answer, depends on how investors behave in other ways to defer the gains.

[sardis]

Just in case hedge has any thoughts of joining the Occupiers at the DNC convention...

http://www.charlotteobserver.com/2012/0 ... ratic.html