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#502 Feb 10 2013 at 11:03 AM Rating: Decent
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Or maybe I should just stick with bonds

Passively managed SP500 Index fund with 100% of assets, then take a nap for 30 years. Every other "strategy" is useless unless you're investing $1M+.
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#503 Feb 11 2013 at 9:26 AM Rating: Excellent
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Smasharoo wrote:
So what? It wasn't random chance that one succeeds and the other does not.

Yes, you stupid *******, that's *precisely* what it is.


Yeah. It kinda is. You've been spouting this narrative for as long as you've been posting here.


I'm sure that's true. The kids call it "reality".


Is it time to play annecdote theatre?

"When Takashi Hashiyama, CEO of a Japanese television equipment manufacturer, decided to auction off the collection of impressionist paintings owned by his corporation, including works by Cézanne, Picasso, and van Gogh, he contacted two leading auction houses, Christie's International and Sotheby's Holdings. Hashiyama asked the firms to decide between themselves who would hold the auction, which included Cézanne's Large Trees Under the Jas de Bouffan, worth $12–16 million. The houses were unable to reach a decision. Hashiyama told the two firms to play rock-paper-scissors to decide who would get the rights to the auction. Christie's won the match and sold the $20 million collection, with millions of dollars of commission for the auction house."

Decision making ability like this is how you make it in the CEO world.
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#504gbaji, Posted: Feb 11 2013 at 5:04 PM, Rating: Sub-Default, (Expand Post) Honestly? These are the kinds of conclusions and complaints made when people don't understand how wealth works. It doesn't matter who owns most of the wealth in our economy. What matters is how it's used. The real question you have to ask yourself (and the real ideological conflict here) is whether you think the government is better at utilizing that wealth, or the people are. Which will result in more jobs, faster advancement of technology, better/safer products, rising standards of living, etc.
#505 Feb 11 2013 at 8:02 PM Rating: Good
I don't think that being on welfare means you should be restricted on what kinds of foods you choose to eat. There's bigger problems with welfare than people buying too much soda with. I'd rather the government focus on making sure people who truly need welfare are getting it, and the people who don't need it, aren't.

Driftwood wrote:
There is nothing wrong with making money. The entire point of the capitalist system is to make money and maximize profit. However, no one, for any reason whatsoever, needs to be making millions of dollars per year. No one should be making that much money. That's the problem with modern capitalism. It's stopped being a matter of making money and living better, and more a matter of making as much money as possible, even if it's a completely ridiculous amount that no one could possibly ever need. Even within the boundaries of capitalism, there's a such thing as "good enough". I call myself a capitalist, but that doesn't mean that I wouldn't be fine making even as little as 50k per year. 50k is more than enough to live quite comfortably unless one thinks living comfortably requires expensive everything. If a company makes tens of billions of dollars per year, they do not need to make cutbacks, they do not need to outsource. If a person makes, say, 200k per year, they do not need to start whining about paying taxes, or acting like they're poor. They're doing magnificently well as is. Why is there this huge problem with giving a little back to the consumer, and the worker, without whom, the company, and it's higher-ups, would be bust?



This is just wrong. Who gets to decide how much money is enough to make per year? Who decides what's "good enough" or "comfortably"?

Your argument falls apart when you look at it from a different scale. A starving person in Africa could tell you that 50k/year is way too much money for one person to have and you can live quite "comfortably" with far less. You don't "need" that much money. The rich don't need yachts? You don't need cable TV. The rich don't need a $200 haircut? You don't need coffee from Starbucks.

You're right about someone making 200k/year being silly for acting like they're poor, but they have every damn right to whine about having to pay higher taxes. It's still more money out of their pocket. Again, you seem to lack the proper perspective on this. If they put in a toll booth at the end of your driveway and charge you 25 cents a day, do you rescind the right to whine about it because you can afford to live without it?

And what does the company have to "give back", exactly? They're already giving back. To the consumer, they give back the product or service the consumer wanted. To the worker, they give back wages in exchange for their labor. Wages the worker freely agreed to before starting any work. If they aren't satisfied with the wages they receive for their labor, they can work at another company. If their life circumstances make it so that their options are limited, why is the company to blame?

If you go to a hot dog stand and the guy is willing to sell you a hot dog for $2, do you say "No, no good sir! Even though you're willing to exchange me a hot dog for $2 as opposed to $3 or $4 due to the status of the market, I'm going to voluntarily give you more money than you can get from anyone else just because I should give back and not exploit the circumstances that have led to a $2 hot dog price"

It's the same with workers. Due to whatever circumstances in the job market, they're able to get X wages. Much like the circumstances of the local hot dog market determine what price the vendor is able to sell you a hot dog for, the circumstances of the local job market determine what price a worker is able to "sell" their labor.

Are you honestly saying you're a bad guy for not giving him more than fair market value for his hot dog? If not, then why is a company bad for not giving a worker more than fair market value for their labor?



Edited, Feb 11th 2013 9:40pm by SansDeity
#506 Feb 11 2013 at 8:27 PM Rating: Default
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Timelordwho wrote:
Is it time to play annecdote theatre?

"When Takashi Hashiyama, CEO of a Japanese television equipment manufacturer, decided to auction off the collection of impressionist paintings owned by his corporation, including works by Cézanne, Picasso, and van Gogh, he contacted two leading auction houses, Christie's International and Sotheby's Holdings. Hashiyama asked the firms to decide between themselves who would hold the auction, which included Cézanne's Large Trees Under the Jas de Bouffan, worth $12–16 million. The houses were unable to reach a decision. Hashiyama told the two firms to play rock-paper-scissors to decide who would get the rights to the auction. Christie's won the match and sold the $20 million collection, with millions of dollars of commission for the auction house."

Decision making ability like this is how you make it in the CEO world.


Yes. He made the determination that it wouldn't matter which auction house managed this, so rather than expend significant resources and money on something which he didn't think would matter, he decided to effectively flip a coin. The decision he made wasn't random though. You can bet that if he thought that he'd get a better price with one auction house versus another that he'd have chosen that house. The decision was that this wasn't worth spending time and money on in the first place. And that was almost certainly the right decision and saved his company money.
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#507 Feb 11 2013 at 8:45 PM Rating: Excellent
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On a slightly amusing note I got approved for food stamps today. So now I not only can I afford to eat more than 1.5 meals a day I can buy the soda Gbaji so despises me for being able to purchase. Sounds like a win/ win to me.Smiley: grin
#508 Feb 11 2013 at 9:09 PM Rating: Default
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Oh. I guess I struck a nerve by pointing out that two things that are nearly identical are nearly identical. Just keep those liberal blinders on and don't look at the man behind the curtain. Wouldn't want to grasp that socialism and fascism are competing ideologies, not opposing ones.
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#509 Feb 11 2013 at 9:11 PM Rating: Excellent
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gbaji wrote:
Oh. I guess I struck a nerve by pointing out that two things that are nearly identical are nearly identical. Just keep those liberal blinders on and don't look at the man behind the curtain.

MonxDot? Dat you?
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#510 Feb 11 2013 at 9:18 PM Rating: Excellent
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gbaji wrote:
Wouldn't want to grasp that socialism and fascism are competing ideologies, not opposing ones.
Right.
As opposed to identical ideologies, which is what you claimed.




Edited, Feb 11th 2013 8:19pm by Bijou
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#511gbaji, Posted: Feb 11 2013 at 9:41 PM, Rating: Sub-Default, (Expand Post) Only if you leave off the words "nearly" and "more or less" and "in this regard (to the relationship with free markets)". But hey! No need to pay attention to those modifiers when they get in the way of a good zinger.
#512 Feb 11 2013 at 11:45 PM Rating: Excellent
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Gbaji's notions on fascism read like someone really, really trying too hard. Political ideologies are not purely economic ideologies yet Gbaji's argument rests on the (misguided) notion that fascism and socialism are both "opposed to capitalism" so they must be the same thing, or "close enough" anyway.

Granted, both are opposed to unfettered capitalism but so is pretty much every political ideology unless you're Ayn Rand or buying a plot in Glen Becks' Libertarian theme park. To say that (for instance) a government mandate on worker safety conditions is opposed to capitalism -- which it is -- therefore it's socialism so that means it's fascism and so let's just call it communism because they're all "opposed to capitalism" is just ridiculous.

Of course the whole "opposed to capitalism" bit is a red herring anyway. When people speak negatively in broad terms regarding fascism, it's rarely "Oh my, the trains are government owned!". It's about the authoritarian aspects: the xenophobia, militarism (and deification of the soldier), nationalism/jingoism, policing powers, suppression of free thought, etc. You can find plenty examples of these things in politics all over the economic spectrum. But the lack of these things is why no one is pointing to Canada or Sweden and saying "OMG that's just like fascism! Peas in a pod!!" -- unless you're some idiotic conservative hack trying his damnest to sound smart.
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#513 Feb 11 2013 at 11:54 PM Rating: Excellent
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gbaji wrote:
Friar Bijou wrote:
gbaji wrote:
Wouldn't want to grasp that socialism and fascism are competing ideologies, not opposing ones.
Right.
As opposed to identical ideologies, which is what you claimed.
Only if you leave off the words "nearly" and "more or less"
gbaji wrote:
Fascism *is* Socialism.
I'm kinda blind. Please point out the words "nearly" and "more or less" in that quote. Don't blather on about the rest of you giberish in the following wall'o'text. That is a statement, you made it, no modifiers.

LERN2ENGLISH
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#514 Feb 12 2013 at 12:24 AM Rating: Excellent
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Jophiel wrote:
Gbaji's notions on (anything) read like someone really, really trying too hard.
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#515 Feb 12 2013 at 6:07 AM Rating: Excellent
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Today my husband has a phone interview to see if we can get food stamps, emergency Medicaid and any other services because he got a separation notice from his job (wonderful) so now he also has no insurance. I doubt we'll buy much soda with our food stamps though. But potato chips...
#516 Feb 12 2013 at 6:10 AM Rating: Decent
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These are the kinds of conclusions and complaints made when people don't understand how wealth works,

Minor punctuation quibble. The comma at the end of this should be a colon.
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To make a long story short, I don't take any responsibility for anything I post here. It's not news, it's not truth, it's not serious. It's parody. It's satire. It's bitter. It's angsty. Your mother's a *****. You like to jack off dogs. That's right, you heard me. You like to grab that dog by the bone and rub it like a ski pole. Your dad? Gay. Your priest? Straight. **** off and let me post. It's not true, it's all in good fun. Now go away.

#517 Feb 12 2013 at 7:43 AM Rating: Excellent
You guys are good, really. Every time you post one of Gbaji's random quotes and comment on it, I actually begin to wonder where he actually posted it. I spent about 5 seconds looking for the line Smash quoted before reminding myself I just don't give a ****, but shame on me for being tempted in the first place.
#518 Feb 12 2013 at 7:53 AM Rating: Decent
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Today my husband has a phone interview to see if we can get food stamps, emergency Medicaid and any other services because he got a separation notice from his job (wonderful) so now he also has no insurance

(I don't know enough to really judge but) Sounds like a fairly trivial SSI claim. http://www.ssa.gov/pubs/10029.html

There are (lots) of lawyers who specialize in it.
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Disclaimer:

To make a long story short, I don't take any responsibility for anything I post here. It's not news, it's not truth, it's not serious. It's parody. It's satire. It's bitter. It's angsty. Your mother's a *****. You like to jack off dogs. That's right, you heard me. You like to grab that dog by the bone and rub it like a ski pole. Your dad? Gay. Your priest? Straight. **** off and let me post. It's not true, it's all in good fun. Now go away.

#519 Feb 12 2013 at 8:14 AM Rating: Decent
Smasharoo wrote:
Today my husband has a phone interview to see if we can get food stamps, emergency Medicaid and any other services because he got a separation notice from his job (wonderful) so now he also has no insurance

(I don't know enough to really judge but) Sounds like a fairly trivial SSI claim. http://www.ssa.gov/pubs/10029.html

There are (lots) of lawyers who specialize in it.


This may be true, but it really depends on how long he'll be considered disabled. SSI claims typically take 6 months or more to process. Back in Jan. of 2012, I applied for SSI for my now 18 year old sister who has epilepsy and a related congitive disability. It was 4 months before the paperwork was even pushed through, and another 4 months of doctor appointments and even a psychological review before she was finally approved in August. Having gone through all that, she still gets a mere $490 a month (the max benefit, at least for her), so it's a temporary solution until we can get her a job meshes with her particular set of disabilities.
#520 Feb 12 2013 at 9:29 AM Rating: Good
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This may be true, but it really depends on how long he'll be considered disabled. SSI claims typically take 6 months or more to process. Back in Jan. of 2012, I applied for SSI for my now 18 year old sister who has epilepsy and a related congitive disability. It was 4 months before the paperwork was even pushed through, and another 4 months of doctor appointments and even a psychological review before she was finally approved in August. Having gone through all that, she still gets a mere $490 a month (the max benefit, at least for her), so it's a temporary solution until we can get her a job meshes with her particular set of disabilities.


His benefit would likely be higher where he was a working adult for a few decades. My wife, the lovely and talented Nexa, can probably help you with your sister finding work thing. She's the Operations Manager of an institute that studies exactly that. You should PM her.
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To make a long story short, I don't take any responsibility for anything I post here. It's not news, it's not truth, it's not serious. It's parody. It's satire. It's bitter. It's angsty. Your mother's a *****. You like to jack off dogs. That's right, you heard me. You like to grab that dog by the bone and rub it like a ski pole. Your dad? Gay. Your priest? Straight. **** off and let me post. It's not true, it's all in good fun. Now go away.

#521 Feb 12 2013 at 11:08 AM Rating: Good
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Smasharoo wrote:

This may be true, but it really depends on how long he'll be considered disabled. SSI claims typically take 6 months or more to process. Back in Jan. of 2012, I applied for SSI for my now 18 year old sister who has epilepsy and a related congitive disability. It was 4 months before the paperwork was even pushed through, and another 4 months of doctor appointments and even a psychological review before she was finally approved in August. Having gone through all that, she still gets a mere $490 a month (the max benefit, at least for her), so it's a temporary solution until we can get her a job meshes with her particular set of disabilities.


His benefit would likely be higher where he was a working adult for a few decades. My wife, the lovely and talented Nexa, can probably help you with your sister finding work thing. She's the Operations Manager of an institute that studies exactly that. You should PM her.


480 is the max for SSI even if you did work, SSDI is what you get if you become disable before hitting 65. I got SSI 3 months into my total disability while waiting for SSDI to be approved which took another 4 months . They take the benefits paid for SSI out of the settlement for SSDI since that goes back to the date you became disable. That was my case and I didn't have a lawyer, nads hubby could get SSDI straight out the gate depending on that.
#522 Feb 12 2013 at 11:35 AM Rating: Decent
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480 is the max for SSI even if you did work

No, it isn't.

I appreciate your help, though. Let's just agree neither of us understands it well enough to do anything beyond saying "hey, maybe you should look into this".
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To make a long story short, I don't take any responsibility for anything I post here. It's not news, it's not truth, it's not serious. It's parody. It's satire. It's bitter. It's angsty. Your mother's a *****. You like to jack off dogs. That's right, you heard me. You like to grab that dog by the bone and rub it like a ski pole. Your dad? Gay. Your priest? Straight. **** off and let me post. It's not true, it's all in good fun. Now go away.

#523 Feb 12 2013 at 12:37 PM Rating: Excellent
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But the lack of these things is why no one is pointing to Canada or Sweden and saying "OMG that's just like fascism! Peas in a pod!!" -- unless you're some idiotic conservative hack trying his damnest to sound smart.


Thats because we are socialist =D i.e. Not fascist.


@Gbaji, your post is full of stupid and you should feel bad.

Socialism and Fascism do not oppose Capitalism they are products of it. Socialisms ideology stems from the money going to the people, Fascisms ideology stems from the money being controlled by few people...preferably one (highlander go!) Capitalism is the crux of either economic system, they are no different than the Democratic or Republican parties, or the Conservatives and NDP here.

The issue is when wealth becomes consolidated (fascism), it allows the few to dictate the terms, with wealth spread out no one really acquires the economic power solely to dictate anything(socialsim). The same things can occur under Communism as well, they are essentially just monetary ideologies that oppose each other on the opposite ends of the economic spectrum.

Similar to how both Republic Systems (USA/France) and the Westminster Parliamentary systems(UK/Canada) are both democracies, they have their subtle differences but rely on the core principles of Democracy they do not oppose it, they are born of it.

The true opponent of Capitalism is Communism, but ill let you read about that on your own...then again I am sure Rush will tell you at some point to.









Edited, Feb 12th 2013 1:42pm by rdmcandie
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#524 Feb 12 2013 at 12:51 PM Rating: Excellent
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For some reason I have this idea of socialism more an economic policy; a wealth re-distribution kind of thing. Fascism being more of extreme form of nationalism that could exist irregardless of a countries position on the economic spectrum.
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#525 Feb 12 2013 at 1:02 PM Rating: Decent
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For some reason I have this idea of socialism more an economic policy; a wealth re-distribution kind of thing. Fascism being more of extreme form of nationalism that could exist irregardless of a countries position on the economic spectrum.

That's pretty close, I'd say. Socialism is largely an economic theory. How it's enacted can vary wildly.
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To make a long story short, I don't take any responsibility for anything I post here. It's not news, it's not truth, it's not serious. It's parody. It's satire. It's bitter. It's angsty. Your mother's a *****. You like to jack off dogs. That's right, you heard me. You like to grab that dog by the bone and rub it like a ski pole. Your dad? Gay. Your priest? Straight. **** off and let me post. It's not true, it's all in good fun. Now go away.

#526 Feb 12 2013 at 1:07 PM Rating: Excellent
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someproteinguy wrote:
For some reason I have this idea of socialism more an economic policy; a wealth re-distribution kind of thing. Fascism being more of extreme form of nationalism that could exist irregardless of a countries position on the economic spectrum.

Pretty much. That's what I meant by pointing out the authoritarian/militarism/nationalism aspects of fascism which are the ones that actually make a state "fascist". No one says "Those ***** were total assholes, what with their monetary policy..."
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