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Everything posted by jcd11235
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Judging from your posts, it appears that you do not understand what hypocrisy means. Math tutoring available. Only $6! per hour! First lesson: Factorials!
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Dude, read your own source. That's where the information came from. No matter how many times you deny it, that fact remains. Edit to add clicky so it won't be too hard for you to find your source's quote and my paraphrase, which implied nothing that wasn't implied by your source. Math tutoring available. Only $6! per hour! First lesson: Factorials!
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So, you're saying that eliminating capital gains taxes on small businesses is a tax increase? A fifty percent tax credit on employer paid health care insurance premiums is a tax increase? Taxes for those making over $200,000/$250,000 (single/family) increasing only to levels below what was paid during the 1990's is equivalent to increasing the "rate all the way up to a Carter-level 54.9 percent?" Okay, sure. Forgive me for relying on traditional logic and mathematics. In his letter to the editor, Ryan Ellis uses faulty logic and misinformation. For example, he says, "According to the latest Internal Revenue Service data, $706 billion of pass-through business income was reported in 2006. Of this, two-thirds was earned in households making more than $250,000." He then goes on to say, "If raising the tax rate on two-thirds of small-business income isn't a tax hike on small business …" and "The tax rate on two-thirds of small-business income would skyrocket …". He implies that two thirds of the $706 billion (~ $471 billion) represents two thirds of small business income. It doesn't. It represents two-thirds of small business income that is reported as pass through business income. Mr. Ellis also claims that the current tax rate for the pass through business income is 37.9%. That is untrue. The current individual marginal tax rates for those making over $250K are 33% and 35%. Of course, one would not expect factual, unbiased analysis of a tax plan proposed by the Democrat's presidential nominee from the Director of Americans for Tax Reform, an organization closely allied with the Republican Party. Math tutoring available. Only $6! per hour! First lesson: Factorials!
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Actually, there were other companies Enron utilized in order to hide losses. Exactly. And yet, they still failed. So, there is no reason to believe that restating the values of the securities investments at market value will improve the financial outlook of the companies invested in those securities. Why? The same reason it would be a bad idea for the government to guarantee signature credit lines such as credit cards. Upside down loans do not have sufficient collateral to cover the outstanding balances of the loans. Holding the bonds is only an option for companies that do not depend on the income generated from the bonds. When foreclosures exceed anticipated rates, the income generated from mortgage backed securities decreases. Insurance companies, for example, rely on fairly predictable rates of return on their investments in order to pay benefits. Companies buy such securities to generate income, not to sit on for 10-30 years before they can realize any profit. Indeed it did some 25+ years ago. He no longer advocates that kind of plan. What he is now advocating is allowing companies to deceive their shareholders by inflating the stated values of their investment holdings. That is not sound financial advice by any objective measure. I agree to a point, but I see the value in going "smallest-to-biggest" because it helps develop momentum, which can help a small-income household dig their way out one step at a time. You can "see" all the value you want, but that doesn't mean it is really there. The mathematics are very simple. His methods costs people more money than necessary. Again, he is not offering sound financial advice by any objective measure. He certainly has not offered a superior option to the bailout loans. Unless it works, in which case the government (i.e. the citizens of the USA) stand to profit from the investment loans. Seriously? Agreed. The trend of widespread deregulation by DC politicians has proven itself to be a bad idea. Actually, it is, as unfortunate as that may be. Deregulation has been a major contributor to this financial crisis. Too many corporations have proven themselves unable to act responsibly and ethically without government regulation. If someone's teenage son is getting too many speeding tickets in his Civic, buying him a Ferrari is not going to improve the situation any. Math tutoring available. Only $6! per hour! First lesson: Factorials!
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The "Bailout" - Do You Support the $700B - $1.1Tr Package
jcd11235 replied to Gawain's topic in Speakers Corner
Do I like it? Not a bit. Do I support it? Yes. As expensive as the bailouts might be, that cost is small compared to the cost of not bailing them out. It's a bit like having to choose between getting punched in the face by George Foreman, or hit by a Mack truck traveling at 70 mph. Foreman's punch might kill me. The Mack track will almost certainly kill me. I'd rather take my chances with George. Math tutoring available. Only $6! per hour! First lesson: Factorials! -
I was in long enough to know first hand that politics (like office politics, not like partisan politics) play as big or bigger role in promotion than individual performance. I addressed the outside funding in a previous post, not that outside funding would preclude communism. We had no problem considering Cuba a communist country when they were receiving a substantial portion of their funding from USSR (i.e. funded from an outside source). Math tutoring available. Only $6! per hour! First lesson: Factorials!
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Actually, if you read my post, what you attribute to me is a restatement of what was said in your own source. If you read your source, you will understand the bias better. I didn't assume anything. I restated what your source said. If you have a problem with the assertion, the problem is with your source. I can't help you there. You're the one that posted it. It's not my fault you failed to read and/or understand it first. Math tutoring available. Only $6! per hour! First lesson: Factorials!
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Why do I suspect that if we were talking about how much the US spends on foreign aid (e.g. natural disaster relief) compared to other countries, you would be one of the first ones to argue that the US is generous because we spend the most in absolute dollars? Math tutoring available. Only $6! per hour! First lesson: Factorials!
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I'm not going to fault anyone for reading the manual, but I can't help but think that if the jackass the printed up those instructions had printed them right side up, all that piss wouldn't have pooled in the toe of the boot while they were being read, and would instead have poured right out. Math tutoring available. Only $6! per hour! First lesson: Factorials!
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I have to say, that was a terrible idea Ramsey has. He essentially wants to use Enron style accounting practices to artificially inflate, or, more accurately, overstate the value of the sub-prime mortgage backed securities, and by extension the companies the invested in them. He overlooks the small detail that Enron collapsed without any help from Sarbanes-Oxley. One major thing he is missing is that those securities are not producing the income that was anticipated. Simply holding on to them is not an option for many companies. Guaranteeing high risk, upside down mortgages is also a bad idea. Ramsey's own real estate investments resulted in him walking away from his debt via bankruptcy. The method that he promotes for people to pay down their debts is inefficient, and results in people paying more than if they had used the more mathematically sound method of paying down the highest interest loans first. He's not someone from whom we should be taking financial advice. Math tutoring available. Only $6! per hour! First lesson: Factorials!
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Who is responsible for the current financial mess?
jcd11235 replied to piper17's topic in Speakers Corner
Anyone who took out larger mortgages than they could afford to pay back. Anyone who lent money more money to borrowers than the borrowers could afford to pay back. Anyone who brokered such mortgages. Anyone who rolled up and sold such mortgages. Anyone who gave the associated mortgage backed securities better ratings than they realistically deserved. Anyone who managed funds that bought those securities. Anyone who knowingly invested in those funds. Anyone who lobbied or voted for the deregulation that allowed the above to easily happen. Anyone who encouraged others to buy homes beyond their means (e.g. realtors). Anyone who treated real estate as a short term, high return investment vehicle. (I'm sure I've left some people out. My apologies ito anyone who feels guilty, whose role I failed to mention.) There's plenty of blame to go around. Math tutoring available. Only $6! per hour! First lesson: Factorials! -
Perhaps you should be more careful about which posts you quote if you wanted your post to be interpreted in a different manner. Math tutoring available. Only $6! per hour! First lesson: Factorials!
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Right. Salute the rank, not the man. Pay is based on rank and time, not individual performance. Individual performance might help one get promoted, but it might not. The army is nowhere near the capitalist end of the dichotomy. That doesn't leave much in the way of alternative descriptors. Math tutoring available. Only $6! per hour! First lesson: Factorials!
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Math tutoring available. Only $6! per hour! First lesson: Factorials!
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I fail to understand how companies would lose 30% of their business unless they are making special trips just for pennies or they get paid by the pound rather than the trip. Those two possibilities notwithstanding, the armored transport companies could save on fuel costs (perhaps minimally) without pennies. Math tutoring available. Only $6! per hour! First lesson: Factorials!
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It's always refreshing to see people so eager to discard the Constitution. Have you ever read the 24th Amendment? Math tutoring available. Only $6! per hour! First lesson: Factorials!
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And I demonstrated that you were, in fact, incorrect. In the legal context in which you tried to use it, work product doesn't mean what you claim it means. With the criteria you gave in the scenario you proposed, the videographer that you said you would fire and give an ass kicking, to paraphrase, owes the DZ nothing for their money except a finished video. The red herring which I pointed out in my post was your reference to how the History Channel deals with their employees/contractors' footage and storage media. That's completely irrelevant. Actually I just suggested that you were misinformed. If you think everyone you've worked with for the past 30 years is a moron, that is your opinion, not mine. I don't know them or their work, so I don't have an opinion. Nor did I call anyone a moron. Not true for working videographers. Often, the content holds meaning to them just long enough to dub the video, after which the space is considered to be more valuable. The content can be valuable, but most working videographers I've known have little use for thousands of AFF/tandem/coach videos. If they do keep the footage, there are better storage mediums available. But that's not how it's defined in copyright law, as you claimed it was so condescendingly. And Wikipedia is relevant how? Right. For example, it is generally understood in skydiving that a videographer's work is his own, under typical circumstances. Maybe after you get some more time in sport you'll better understand that. The overwhelming majority of the time, the footage independently contracted videographers capture is worth nothing to anyone except the end customer, their friends, and their family. DZ's don't usually want to have to catalog and store the video any more than videographers do. It's not network television, and it's not Hollywood. Most DZO's know that if they need a copy of the footage, there are better and easier ways to go about getting it than assault and theft. Math tutoring available. Only $6! per hour! First lesson: Factorials!
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Well, I have to step up and admit that work product does not refer to what I thought it referred to. Having said that, it doesn't mean what you claim it means either. From Black's Law Dictionary: work product. Tangible material or its intangible equivalent –in unwritten or oral form – that was prepared by or for a lawyer or prepared for litigation, either planned or in progress. • Work product is generally exempt from discovery or other compelled disclosure. The term is also used the products of a parties investigation or communications concerning the subject matter of a lawsuit if made (1) to assist in the prosecution or defense of a pending suit, or (2) in reasonable anticipation of litigation. – Also termed attorney work product. Apparently work product doesn't mean what you seem to think it means. Perhaps you are confusing work product with work for hire. Again, from Black's Law Dictionary: work for hire. Copyright. A copyrightable work produced either by an employee within the scope of employment or by an independent contractor under a written agreement; esp., a work specially ordered or commissioned for use as (1) a contribution to a collective work, (2) a translation, (3) a supplementary work, (4) a part of a movie or audiovisual work, (5) a compilation, (6) an instructional text, (7) a test, (8) answer material for a test, or (9) an atlas. • If the work is produced by an independent contractor, the parties must agree expressly in writing that the work will be a work for hire. The employer or commissioning party owns the copyright. – Also termed work made for hire. Statutory Definition Section 101 of the copyright law defines work for hire as: (1) a work prepared by an employee within the scope of his or her employment; or (2) a work specially ordered or commissioned for use as a contribution to a collective work, as a part of a motion picture or other audiovisual work, as a translation, as a supplementary work, as a compilation, as an instructional text, as a test, as answer material for a test, or as an atlas, if the parties expressly agree in a written instrument signed by them that the work shall be considered a work made for hire. For the purpose of the foregoing sentence, a “supplementary work” is a work prepared for a publication as a secondary adjunct to a work by another author for the purpose of introducing, concluding, illustrating, explaining, revising, commenting upon, or assisting in the use of the other work, such as forewords, afterwords, pictorial illustrations, maps, charts, tables, editorial notes, musical arrangements, answer material for tests, bibliographies, appendixes, and indexes; and an “instructional text” is a literary, pictorial, or graphic work prepared for publication and with the purpose of use in systematic instructional activities. Oh, the irony. One would expect this search to yield something that supports your assertion, and yet, nothing. Surely you're not suggesting that the entire industry is as misinformed as yourself, are you? Somehow, I suspect that his contract explicitly stated in the contract that it was work for hire and that all related footage and media belonged to the commissioner of that work for hire. Furthermore, I doubt the term work product was used, unless it was explicitly defined in the contract or referred to work performed by or for an attorney. That example is significantly different from a typical videographer working as an independent contractor on a typical DZ, which is the topic at hand, not how the History Channel deals with the issue. The fact remains, unless explicitly stated in a written contract, a videographer working as an independent contractor retains ownership of his/her media and its contents. Feel free to keep throwing out red herrings, though. You've at least done that well for this thread. Math tutoring available. Only $6! per hour! First lesson: Factorials!
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Probably because additional languages are much easier for young children to learn than adolescents and adults. Knowing more than one language will serve those kids very well as adults. I couldn't tell you about the maths. I think we should put much stronger focus on maths and sciences. Because Bush seems to think that standardized test scores are a good metric for school performance. (Not surprisingly, Neil Bush has financial interest in standardized tests.) Personally, I disagree, at least w/r/t the current form of standardized tests. Responsible parents should take an active role in their children's education. Part of that involves reading to kids, and encouraging them to read. Too many parents think their responsibility ends once their kids are in school. That's probably why the teachers got into the teaching profession in the first place, the excellent pay. Math tutoring available. Only $6! per hour! First lesson: Factorials!
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Could you please explain how any of that data supports your assertion about high school graduates only reading at a sixth-grade level? Math tutoring available. Only $6! per hour! First lesson: Factorials!
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Many of us are concerned and support the changes necessary for improvement, such as higher teacher salaries to make the field competitively attractive to new graduates. Math tutoring available. Only $6! per hour! First lesson: Factorials!
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Remind us again how cutting the funding for education will improve that? Remind me again where I have advocated cutting funding for education? Here, unless you made a mistake and replied to and quoted the wrong posts. Math tutoring available. Only $6! per hour! First lesson: Factorials!
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Have a link to that legal definition? If such were the case, why do the RIAA get so upset over file sharing? The medium on which the files are stored are not changing hands. Most videographers work as independent contractors. The work product is the finished video. OTOH, if the waiver/contract has a clause stating that the DZ owns the footage, you would have a point. It still wouldn't cover the physical media (similar to how purchasing a commercial CD or DVD purchases the physical media, but only offers a limited license to the content), but would limit what the videographer could do with that footage. But you didn't say footage, you said work product. Math tutoring available. Only $6! per hour! First lesson: Factorials!
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No, he didn't. He was a terrible president, with bad fiscal policy, and a foreign policy that helped strengthen the mujahideen freedom fighters (aka jihadist terrorists), ultimately resulting in the current war on terror. I will grant you that, as an actor, he was good at acting presidential. By those standards, Obama is a stronger candidate than McCain. Math tutoring available. Only $6! per hour! First lesson: Factorials!
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So being funded in a socialist manner makes the military a bad example of communism? Math tutoring available. Only $6! per hour! First lesson: Factorials!