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Wait until the thrombosis lawsuits start coming in. They will be yanking out those seats as if they were rotten teeth. By the way the reason the airlines are so f'ed up is because of government bailouts and unions. Lets see how profitable GM will be 10 years from now. -Neo

Yea, I read that too. There is a solution though, Don't have their teachers give them the finals, but proctors. -Neo

1. Teach them new skills, by putting them to work rehabilitating the run-down houses in the rest of the city and building the city's infrastructure, like a tunnel from Jersey to Long Island or a better subway system, or street cleaning, etc. 2. Get rid of rent control, because it is the root...

Your only as good as your last call, or so the saying goes. -Neo

TRYKtrading, The city doesn't own the building. Its paying the condo developer outrageous rent. If the city bought the place below market value, then I wouldn't be so upset, but in this case they are subsidizing a developer and wasting MY tax money. Tell me what incentive do these homeless...

TRYKtrading, The city doesn't own the building. Its paying the condo developer outrageous rent. If the city bought the place below market value, then I wouldn't be so upset, but in this case they are subsidizing a developer and wasting MY tax money. Tell me what incentive do these homeless...

So $2,700 dollars a month of my tax dollars is going to house wellfare leeches in luxury apartments... This unbelievable! If you live in NYC call Bloomberg's office immediately, I know I will. All our taxes are going up in order to continue supporting idiotic policies such as these. This kind...

I think you might not be looking at the big picture. USO is only a tiny piece of the puzzle, I suspect that the money flowing into oil futures is a better indicator of smart money allocation. USO is not an efficient way to invest in oil because it is capital intensive and the tax treatment is...

This is bad news indeed, if Cali manages to pass this then other states will copy them. This is also what worries me about Roth IRAs; what is stopping the government from turning around and saying that they will tax me on the funds in the future anyway. Maybe we should all buy gold and bury...

You brought up a very important point, which I didnt consider. I'm starting to think that a combination of the two might also be good idea, but I don't know if there is a prohibition against having both types of accounts at the same time. Thanks, -Neo

Thanks for the info. -Neo

With all the stock market losses and government debt running in the trillions I have begun pondering the virtues of a 401k (or regular IRA) vs a Roth IRA, both for my own sake and that of my parent's bleeding portfolios. On the one hand we have the 401k, which is a staple of many retirement...

You still haven't proven that this is the "BEST" tax system as you stated in your original post. Additionally your calculations exclude, state, local and sales taxes that we also pay. Include these taxes as well as the average person's fixed living costs and the marginal utility of a dollar...

For those of you who believe in fixing our Tax problem the following link is to find the location of a Tax Tea Party near you. Rallies are taking place today. Join your fellow Americans in letting politicians know that excessive spending and inefficient taxation is hurting the USA. Follow in the...

First I think you should use some numbers to prove that we have the "BEST" income tax system. Otherwise it is just a subjective opinion. My main complaint with a progressive tax system is that it discourages work. Why would I want to work an extra hour if the income from that extra work is...

The equivalent of 14% of tax receipts is spent complying with the current tax code. Don't you think this could be spent else where? Don't forget that a lot of that negative cash flow is created by government waste and subsidies to foreign nations. The only thing thats idiotic is to keep...

At least the guy is willing to do something about it instead of being a sheep... Better to have tried and failed then done nothing. But if I understand you correctly you are suggesting to do nothing. I agree with the guy, we don't need the IRS. We can do much better with a small flat tax and...

Bingo, you hit nail on the head. I wonder if the sheep out there will actually realize that the numbers have been manipulated... The devil is always in the details. When the smartest guy in the room is trying to sell you something always think twice. -Neo

In case it wasn't posted, below is the link to give comments on the proposed new SHO rules. http://www.sec.gov/rules/proposed.shtml -Neo

patchie, The whole problem with the uptick rule is not whether we lived with it before or whether experts can agree if its good or bad. It is about the principle of changing the rules without an understanding of how markets work. Reinstating and/or creating new kinds of uptick rules is...