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Did you read the thread, or are all those issues not true in some way? Pretty willfully blind or just plain idiotic to tag a post onto a thread listing issue after issue with the flippant and completely unsubstantiated comment "Nothing to complain about"!

Did that just to make you feel better:D You're right though, the money does have to be spent at least indirectly on schools to impact schools and another problem with places like Chicago is that so much of current taxes are going to cover unfunded pension liability from the past.

It is messy for sure, especially since property tax is often the main school funding source in most states but not everywhere.

It's "their" schools...not something I'd point out except for the irony of it coming from someone criticizing schools! Nothing exists in a vacuum. The tax base of IL has been hit hard, there is a large disadntaged community of kids living there, and the state is infamous for corruption, just...

This hits the nail on the head. Most hedge funds aren't trying to beat the S&P 500, in fact the incentive structure for fund managers is generally definitely not aligned with beating the index nor is it their stated goal. Judging a fund that's targeting certain max drawdown, volatility, and...

And just to demonstrate I'm not a mindless ideolog, this is correct. As a retired military member I agree that putting nearly 60% of our discretionary budget into our military to ensure we spend more that the next 7 countries combined is absurd. However that's a long way from saying we shouldn't...

So I assume you must live in Somalia then? Either that or you're happy to take advantage of all the benefits government brings you but don't think you should have to pay for it? Pretty sure Maverick had exactly your type in mind with his comment about the hypocrisy of those living in the most...

"Flee" to where, Kansas? I've got news for you, one advantage of making a decent amount of money is that you can decide where you want to live based on any number of factors you find important, and tax rates generally aren't one of them. Hence the Kansas Experiment shockingly didn't lead to all...

Potentially that as well. I don't know anyone in the $10M and up real estate market that makes decisions on where to live based on property tax rates, that's for sure.

Considering this situation has existed far longer than the first indication that the proposed elimination of state and local deductions, probably not. It's a pure overbuild oversupply, in this case, but why let econ 101 get in the way of a good political rant.

It's just the person's post in the thread that gets collapsed, the thread remains the same.

It's not an either/or, like most things in life this is nuanced and not black and white. If you look at how the Gates foundation operates, much of what they do is designed to leverage the tax based in a country, i.e. they set up programs and support that make government programs more effective...

Quora has a pretty good system that virtually eliminates trolls. Although it's not the whole system, allowing downvoting of threads which eventually get's a response collapsed and requiring an extra click to open it would go some way toward filtering obnoxiousness. One of the problems with...

I have a couple of fellow entrepreneurs who started accepting bitcoin several months ago mostly for the novelty of it. They've both told me they've had exactly zero customers opt to pay with bitcoin. Unless you're selling to a pretty narrow community of bitcoin enthusiasts, or selling in some...

Super cool but at $2.16 per square foot it could get pricey fast!

If you want to get really paranoid, NSA, DOE and perhaps oddly the NWS have supercomputers that they could use to also manipulate supply on the up side. And if you want to get super paranoid, if you control over 50% of the network's computing power you can reverse transactions allowing you to...

Them using the term "private" certainly implied that, didn't it!

Are there benefits of that over just trading the PHLX or ISE currency options, or is it just six of one half dozen of the other? I actually prefer the cash settled of the currency options, but that of course only impacts you if you plan to hold to expiration.

Hard to say on the cost of capital out of Dubia, I think they've been in a bubble for a long time. VistaJet is the most recent comp bond I know of and they were at 7.7%, so not a great rate. The thing you have to remember about the "collateral" here is that it's highly subject to systemic...

Assuming 4 hours of flight time a day is probably pretty optimistic for a one-off charter plane like this, especially given you can't really configure it for anything but moving a limited number of people around. The average annual utilization for a part 135 charter turbojet is 326.5 hours...