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Your contortions to avoid admitting that you've done nothing to make the world a better place and that you indeed think the mistake of your birthplace makes you feel superior say far more than I ever could. Very sad.

What's the number that makes you happy? I've already demolished your idea that I'm somehow hypocritical and that you're some paragon of rational virtue. And you've pointedly declined to answer the question of what you've done to make the world a better place or why the mistake of your birth...

I pay the headline rate. And the capital gains rate. And the dividend rate. I don't do anything on 4/28 per this chart, it's meaningless. You stated "ever-increasing Fed/state/local taxes now chew up ½- ¾ the income of typical middle/upper-middle households". First, there's no support for the...

I have (let them live with me). An immigrant is a human, generally escaping crappy conditions in the place where they had the bad fortune to be born, while you and I, through no action of our own, were lucky enough to be born in the U.S. (assuming you're in the U.S.). They aren't thieves trying...

A bigot like heavenskrow wants to move to any country in the world except maybe the middle east or Somalia it's going to have to be as an illegal immigrant because certainly no-one else is going to want him. My house has walls because it can get hot in the summer and cold in the winter, plus...

What does the term "ever-increasing" mean to you? The table below is a graph of the top and bottom federal tax rates in the U.S. since 1910. They certainly don't appear to be "ever-increasing" by any definition of the term that I've ever heard, but maybe you have another definition where that...

No it's what's called a subtle but crucial difference. Most of those things you listed, like fees, interest rates internal to the fund... are indeed decay. Decay, by the very meaning of the word, means to gradually go down, get worse... What you're not getting is that if you run a backtest where...

And I love them because I can hold to expiration more often and not have to give up the bid/ask spread on exit as well as entry. There are lots of different strategies in the world, diversity keeps life interesting!

Have you seen his supporters? If those 400 pounders on their Medicare provided mobility scooters want to stage a "revolution", I'd say "bring it"!

WTF does the sex of the head of the IMF and FED have to do with anything unless you're somehow scared of women or don't believe they can perform these functions? Let me guess, your "America of the founding fathers" is a place where white men get to rule everything, blacks are slaves, and women...

It's not decay! It is highly path dependent and is purely the mathematical result of one leg tracking the daily percentage change the the other tracking the actual index. Decay would mean that both instruments tracked the same thing and one consistently displayed lower returns. If you do a...

There's no such thing as "ETF decay", the price of inverse and 2x/3x ETFs is the daily percentage change which can lead to very unpredictable results based on path dependency if you buy and hold. Only if you rebalance every day will you see the true inverse/2x/3x and if you do that you'll see...

Most of of those that no longer exist aren't around because they went bankrupt (chap 7), and even a number of the mergers took place only happened because the acquired airline was on the verge of bankruptcy or already in chapter 11 and the merger was their exit. Continental, for example, filed...

I lived the dream for many years my friend, so yes, I "understand". You're the guy who comes in all guns blazing with the accusation that "They're lying about the Deficit" (That's the title you gave this post, remember). When the very basic accounting behind the difference in numbers you cited...

You clearly didn't read a single thing I wrote! I'm going to be a jackass and quote myself here, so you can see it in front of you again.

The logic was pretty clearly spelled out for you in multiple posts, point by excruciating point.

In all seriousness, there is a huge breakdown in understanding about what constitutes "the government". Non-political appointees make up the vast majority of government employees and are career civil service employees generally in GS or WG wage scales as well as military members who serve 20-40...

I feel like you're trying to pick a fight here. I frankly could give f*&k all if the govt levied a .00001 tax on inquiries to my company, since it get a few dozen a year my only problem would be figuring out how to pay less than a cent. I'm also not sure that anyone has ever complained that...

If I charge you a $.00001 tax on changing your mind as a retail trader it will add about a nickle to your annual trading costs. It will add a significant amount to the costs of those submitting thousands of orders a minute, and influence their behavior. Smart well meaning people can disagree if...

Having worked in government I'll heartily second the notion that covert grand government conspiracies are just too hard to pull off. If you've actually ever done anything inside government you'd realize how laughable the concept is. I do find it funny how the same people who constantly claim...