Recent content by globuli

Ryan has the house, no role in confirmation.

Thats the sensible approach.

I think a distinction should be drawn between homicides (justified or not) committed by people with legal gun possession vs. homicides committed by people with illegal gun possession. Most gun deaths are caused by people who illegally possess guns. Stemming the flow of guns to criminals should...

The heirs can't spend the money as the see fit, the spending must be charitable in nature. This guy is so rich by the time he dies he will probably be worth 100 - 200 billion if he doesn't give away anything. Even at an estate tax rate at 50% his heirs would be incredibly rich. So, I see little...

Are you telling us that our country was founded by proto bosheviks?

It's not a cult or BS. It's a legitimate movement, even if some unsavory characters have attached themselves to it. The rallying cry, "Black lives matter" was born out of illegal or extreme police actions against black citizens. Hating niggers doesn't deprive black people of their civil rights...

Well that would have been due to the stock market crash, which would have affected anyone with stock holdings, rich, not rich alike. A lot of people lost money and lost jobs, some very good high paying jobs. In 2008, in the town where I resided ( suburb of NYC, a town with a median household...

It's down to 22 now. It will no doubt settle under 5 in due time, but it might just take a very jumpy path there. I'm not trading it. I don't need the stress.

This is really a silly rant Ricter. "The rich don't voluntarily share their wealth." I would guess that people comprising the top 5% of annual income make more than 80% of charitable contributions. "....wealth......... has to be taken by force." Please spare us the communist propaganda. A vast...

Yeah, he is an asswipe non pareil.

High marginal tax rates (the worst of which affected few, btw) did not hinder the development and advancement of the middle class in the postwar era. That era was marked by extraordinary American industrial dominance and prosperity, an era which has ended. The high taxes were made possible by...

Growing inequality of property is a symptom of real structural distortions in the economy and the legal and political system. Confiscatory taxation does nothing to address this. You can't do much to raise the standard of living and opportunity for the stagnating middle class by increasing taxes...

Yes, Fidel, the destitute get nothing for doing nothing, and families keep their property. If you ever accumulate wealth, you will probably gain a greater respect for property rights. If you remain poor, you will probably maintain the view that you are entitled to the belongings of others. The...

Probably. Shkreli can sell almost 800,000 shares and still maintain majority control. But can you imagine the downward pressure effect of trying to sell a mere 100,000 shares.

When did it become a bad thing that families keep their property? And how is it that not having the Feds confiscate 1/2 of an estate's assets is exempting heirs from paying their own way? They still pay their own way as it's the family's money and property to dispose of as it sees fit, not how...