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  1. L

    Krugman: Bring back 91% tax rate

    Why would he advocate that? So that wealth can be redistributed, of course. We are long past the point where any reasonable allocation of government benefits would show that "the rich" would benefit at all from raising taxes. All of the tax revenue from such a rise in rates, if it generated...
  2. L

    Krugman: Bring back 91% tax rate

    At this point, I'm more of a "stand your ground" in the red counties sort of guy, rather than a "leave the country" guy. Look, the Left are creatures of the city. They may be able to outvote you on Election Day, but they don't have the manpower to "occupy" anything but the urban core where...
  3. L

    Krugman: Bring back 91% tax rate

    Been self-identifying as Libertarian since the early 1990's. Basically, do whatever you want that doesn't require me to pay for it. Plus, as a man, I am compelled to be logical and the libertarian position is the most logical and masculine ideology...
  4. L

    Krugman: Bring back 91% tax rate

    Where is the "sensible, moderate proposal" to go back to Clinton-era spending levels as a % of GDP? I hope I'm one of the "wing nuts" you refer to, moonbat. BTW, regarding the article, you might want to familiarize yourself with the definition of the word "imply". If a GOP supporter...
  5. L

    Beyond Twinkies: Why More Workers Are Striking

    What would you do as soon as you had your first meeting with other JPM executives, each of whom has decades of training? You think your 6 months of training could stand up to the scrutiny they would put on every word out of your mouth? It's all nice to think we're all special and could do...
  6. L

    Krugman: Bring back 91% tax rate

    Why would it destroy the "poor"? According to the Left, the problems the poor face come from low tax rates on the rich, which leads to insufficient government "investment". If the Left had the ability to implement any tax rate it wanted, which it would after such a split, they could put whatever...
  7. L

    Krugman: Bring back 91% tax rate

    It's really interesting to me when you consider that, if a conservative tried to tell a liberal how to do some liberal thing, e.g. direct a play, the liberal would complain that the conservative was overstepping the bounds of his expertise and the liberal should be given the freedom to direct...
  8. L

    Krugman: Bring back 91% tax rate

    Funny you should mention globalization. Consider the following possibility: What if all of the incremental income that goes to the CEO today is from globalization? If so, that means that American CEOs (just to stick with Americans for now, but probably you could say the same about any...
  9. L

    Krugman: Bring back 91% tax rate

    Why would it be violent? When the Soviet Union broke apart, similar predictions of a massive civil war didn't pan out and that was a much poorer society (i.e. much less to lose by going to war) than the US. Plus, given the degree of geographic self-selection among the competing ideological...
  10. L

    Krugman: Bring back 91% tax rate

    On some level, I acknowledge that you could be right. At the same time, if you want to influence the future, you need to put ideas out there for discussion. If you can get "soccer moms" to start thinking that their family's future prospects might depend on the country splitting apart, you'll...
  11. L

    Krugman: Bring back 91% tax rate

    Yeah, but his readers lap it up. His readers still insist, following his lead, that the stimulus wasn't big enough. The stimulus that was passed was over $800 billion and Krugman said it should have been $1.1 trillion, as I recall. Unless you assume that first $800 billion wasn't spent...
  12. L

    Krugman: Bring back 91% tax rate

    How so?
  13. L

    Krugman: Bring back 91% tax rate

    Right. But, the thing about the election results that struck me is that, at least at this point, there really doesn't seem to be as much pain being inflicted on the "host" as one might think. A 91% top marginal tax rate, along with the other assorted goodies the Left wants to foist on us, would...
  14. L

    Krugman: Bring back 91% tax rate

    Yep. The Left says they are "the party of science". Well, here is a chance to run a "scientific experiment" to see which type of economy works best. Apparently, the Left has failed to note the outcomes of this type of experiment in East and West Germany and North and South Korea, so we need...
  15. L

    Krugman: Bring back 91% tax rate

    "Squeezed between high taxes and empowered workers, executives were relatively impoverished by the standards of either earlier or later generations. In 1955 Fortune magazine published an essay, “How top executives live,” which emphasized how modest their lifestyles had become compared with...
  16. L

    Krugman: Bring back 91% tax rate

    I love it. This sort of insanity is exactly what is going to bring people around to the idea that we simply have to split into multiple countries.
  17. L

    Luck vs Trading

    Get your strategy to the point where it meets this standard http://en.wikipedia.org/wiki/MECE_principle and you won't worry about "luck".
  18. L

    Beyond Twinkies: Why More Workers Are Striking

    A FTT would be a hit to my margins, no question about it, but unless it was insanely high, it wouldn't turn my strategy unprofitable. I'm not a scalper.
  19. L

    Beyond Twinkies: Why More Workers Are Striking

    Why would wages necessarily have kept up? If there are two bubbles, both don't necessarily grow at the same rate. Once the housing bubble burst, employers had leeway to lower wages and still retain employees.
  20. L

    Beyond Twinkies: Why More Workers Are Striking

    My "superiority" is recognized in the market and on my P&L. That's sufficient for me. I never cared much for people and their "opinions". Pretty much bored me to tears. Just about the only reason I'd be interested in your opinion is if you have a hot daughter I could screw by pretending to be...
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