JohnnyD

Sokodjou win = strength & cardio BJ win = subs & sub defense All Tito has is GNP and lets face it - he's past his prime. He took Rashad to a decision. Big deal. All Rashad has is G (no NP). Machida can strike, submit and has cardio. Tito is not going to lose, he's going to get schooled. I called the shot.

Sokoudjou, BJ, Rich Franklin, and Bonnar are all on this guys card as wins. Tito is going to get beaten badly.

Yep, but Tito hasn't beaten anyone of note in a long time. I think Machida is going to handle him.

AA is down to the last fight of his contract and doesn't have a new one with Zuffa. He is being phased out, you could say.

Denver

Says he had a school uniform. Sounds like a private school. They can make whatever rules they want. Don't like them, go to public school. She did. Why is this news? Did Brittney not take a shit today?

Are you serious? How in the world are any of these guys even remotely capable of managing a multimillion dollar business with international dealings? I just don't get the Dana hate. The guy has been nothing short of brilliant and its still not enough. He got the NSAC on board by hiring one of the members of the board to propose rules everyone could live with. He pitched the reality tv show which has put MMA on the map. He took it international and is pulling huge in the UK and Canada will be a smash. He presided over turning around a company deeply in debt and closing in on folding and riding it to prosperity. I guaran-fucking-tee you that without Dana, Rich Franklin is back in Ohio teaching highschool classes and making the occasional trip to Japan to do some slap boxing. Replacing a guy with a track record of nothing but great success doesn't make any sense. Replacing that guy with someone who is unqualified for the job is ridiculous. - FTW

Spider hasn't been tested in a long time. Hendo is going to give him everything he can handle and then some. When that epic battle hits round five, I say Hendo will come out of left field with a sub on an unsuspecting and thoroughly exhausted Spider. That or just catch him with the KTFO.

Hendo. 5th round sub or tko

has anyone ever successfully won a court case using this defense? if so, i would think that everyone would just be telling the irs where to stick it. last year, however, a couple won a court case with the irs using the defense that the tax code was so complicated that nobody could understand it. No, and no.

ttt just curious to hear the outcome of this.

http://sports.espn.go.com/espn/wire?section=mlb&id=3187013 Yeah, a real winner. Just keep your hand over your drink when he's around.

Haircuts and belts.

Are you saying this is what was in the thread or this is what you believe?

Your thoughts on O. Porter Rockwell? Just curious - I spent a little time in Utah. Read a book too.

Call the local police, not the military police. Get a restraining order.

I think it is brilliant positioning that will eventually ensure our standing in the world. Consider China - sure, they may be able to kick our ass, but they hold so much of our debt that they won't. MMMMUUUUUUUAAAAAAAHHHHHHHAAAAAAAHHHHHAAAAAA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Photoshop some other product placements too. First one that came to mind is the under armour symbol on the head gear.

http://www.ufc.com/index.cfm?fa=EventDetail.SportsBars&eid=979

Now you are getting it. Note the difference between p3 step 1 and step 2. Step 1 relates to cancellation of debt. Step 2 relates to foreclosure. The capital gain exclusion is in play in a foreclosure. To trigger taxable income in the event of a foreclosure, the difference in FMV and sales price would have to be to the extent that no mortgage company on earth would put out for it. So ask yourself this - Cancellation of debt - who does that and why? I bet the politics of economics are beginning to surprise you.

That is overly simplified. What you have done is promise to pay $500,000.00. THink of it this way - who "owns" the home? The banks do, until the loan is paid off. Let's say the house is worth $400k. Okay. That means there is $400k in equity in that house that belongs to someone, right? To whom does that equity belong? THE BANK! The homeowner in a sale of $400k for a house secured by a $500 note will receive exactly ZERO. The homeowner cannot give grant title to this home until that note is satisfied or released. See. Here's an example. The homeowner has a $500k note. And he sells the home for $540k. After escrow fees, title, broker fees, etc., there is exactly $500k left. Then the $500k is paid to the bank to satisfy the note securing that property. How much has the borrower received? Yep. Zero. Because we are talking a notional amount of consideration. Now, what if the borrower talked the note down to $450k as a payoff and pocketed the other $50k? Well then, I could see a good reason to tax the guy on $50k. What if the home only sold for $450k on the $500k note? The bank cancels the debt. How much money has the owner made? See? Does it make sense that the owner would pay MORE in taxes for sellign the house for LESS? Had he gotten and extra $50k for the home, he would pay no taxes. (in this notional scenario). The taxes on the capital gain were already paid to the previous owner, who received the $500k for the home, right? That's where this is confusing and seems unfair. The owner has not received a tangible gain at all! In fact, the more he gets for the home, the less money he pays in taxes. He'd pay less in taxes if he walked away with $49k from the sale instead of a negative $50k. The point is - the person never actually received $500k. It is a promissory note secured by a mortgage. Once the person pays $500k the bank gives title to the property to the borrower. The bank buys the property for $500k and sells it to the borrower for $500k. That s actually how it works. In your senario, there is not a taxable event. Read the IRS article I linked to. Run some scenarios with numbers and try to come up with one that will result in a taxable gain from forgiveness of debt. I think you will be really surprised. This is not at all what you think it is.

You obviously didn't read the link.

Read here: http://www.irs.gov/newsroom/article/0,,id=174034,00.html I get where you are coming from, but it is an oversimplified opinion. There are certain things that will trigger income on forgiveness of debt related to foreclosure. Pretty much the same things that relate to the bailout on variable rate mortgages - which you disagreed with. Think of those advertisements - "act now and we'll refinance up to 110% of your home's value". Not a great idea if you live in a place where real estate doesn't appreciate rapidly enough to get you out from under the inevitable. >This law changes that liability so that the foreclosed family isn't given a final kick in the face by Uncle Sam. The way the law was written, you generally got a kick in the face because you deserved it. Now you can "sell your house in advance", get your shitty mortgage fixed and get a capital gain exclusion when you sell it - all courtesy of the gov't. "We're here to help". I really wish I was completely financially irresponsible at times.

So, you think the president is a pansy?

The president believes in gw. Surely you don't think the president is wrong???