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AeroHorn

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Posts posted by AeroHorn

  1. 18 minutes ago, Bama Chick said:

    ...The rest of the conference never roots for us out of conference or in the playoffs, so fuck em.

    You are forgetting aggy. They almost consider Bama's playoff victories as their own. They even supported us, their arch rivals when we played for NC against USC by making t-shirts no less.

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  2. On 11/9/2021 at 11:52 AM, Michael Knight said:

    The University of Austin announcement comes at the same time that University of Texas at Austin leaders have been working with private donors and Republican Lt. Gov. Dan Patrick to launch a new think tank on that school’s campus that would be “dedicated to the study and teaching of individual liberty, limited government, private enterprise and free markets.” Texas legislators already approved an initial $6 million in funding for the Liberty Institute. UT-Austin officials have also committed $6 million.

     

     

    Jesus christ

    Isn't that just Cato Institute? They are opening a clone at UT? https://www.cato.org/about

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  3. I think it is tribal. A certain poor class, mostly white and hard-up immigrants, identify with the rich as being one of their own, either racially or for allowing to escape their poor countries to the US, respectively. Hence, a zealous guarding of "their" wealth from the moochers and no-gooders who want to steal "their" wealth through taxes.

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  4. 4 minutes ago, DonkeyCigars said:

    Just like how Muslims have creative ways to get around financing loans and interest with home loans, etc., I’m sure there are some “best practices” that help a bunch of Arabic-American wealth to turn that 2.5% to .025%

    You can't get around human nature. We like cheating even when every logical argument in your brain tells you that you are easily in the world top 1% materially and >99% of the credit for it doesn't go to you.

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  5. 1 minute ago, DonkeyCigars said:

    I do 10% of income. I have it broken out into a separate account that I manage like a non-profit meant only for charity and help to problems that I pass along my way as a sojourner through this wicked world.

    That's great. But the disposable wealth option addresses the billionaire problem of a small income and extremely large asset. Taking 2.5% every year from a 100B asset makes quite a difference.

  6. The argument for billionaires seems to that (i) they innovated and developed the company and you can't discourage that and (ii) their assets are not like a traditional income and it is difficult to tax something that is just sitting and growing.

    Regarding the first point, there are multiple factors that have led to extreme wealth such as practically abandoning monopoly policing, BOTs being just CEOs/founders' buddies, public resources (telecom bands, natural resources, etc.) being privatized in short-sighted sales, etc. Bezos won't be so rich if Amazon was broken up into at least 3 units (Amazon.com, AWS and services such as Kindle, Ring, Alexa, etc.) and there was actual penalization on fake reviews and products that don't live up to what is advertised, collective voice for their low-wage packers and drivers, etc. Same thing with Google, Apple, etc. They in their state are stifling innovation lot more than enabling. 

    Regarding BOTs, I remember in my last company where a ~1000 employee company board approved 1M shares for annual RSU distribution, and allotted 500k to the CEO, 250k to his direct reports, 150k to the various VPs and the remaining 100k for everyone else from director downwards. This is with the salary of CEO being >10x of a director and >50x of a lowest paid office employee. And that CEO was quite incompetent. 

    About taxing the extremely wealthy, do what I (Muslim) have to do. Every year, I have to give 2.5% of my disposable wealth to the poor and needy. Anything outside of the things I use daily such as my house, car, clothes etc. is disposable wealth. If I have 100k in stocks, I have to sell 2.5k worth and give it away. I think 2.5% of disposable wealth (anything in a bank, in investment, in inventory, etc.) will be many times more than what is needed to provide basic necessities for not just US but the whole world.

     

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  7. On 10/8/2021 at 12:11 PM, StruggleBus said:

    Elon is a bad ass. California sucks shit through a straw

    Why do you think so? Specifically regarding Elon, he made his money in California and all his endeavors started and thrived in California. Both the state of California in the form of tougher emissions standards and EV credits and Californians by buying majority of Teslas for the first however many years supported the sustainability/environmentalism/EV dream and made Elon what he is now. I understand Elon moving to save billions on his personal state taxes but not sure what he gains by moving headquarters. I think (don't have evidence) it is to help his personal move to Texas.

    But for Texans to say California sucks shit in relation to Elon/Tesla/EVs is rich irony indeed.

    Even in general, isn't California the leader in pushing progress and setting standards, while being home to a bunch of the top revenue/value companies? I don't get this regressive thinking that following good practices is bad and businesses should be given a free hand. The fact that California has and continues to develop and host lot of very successful companies through innovation and entrepreneurship indicates that California must not be sucking.

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  8. I agree that the decision doesn't make sense (he was leaning back and snap kicked with his front leg and not roundhouse kicked with full force, the opponent was unlucky to get knocked out and it's not kickers fault), but how does it indicate uncompetitive nature of Olympics? We can say that the referee/committee decision is wrong, but how does it apply to the whole Olympics?

     

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  9. This topic has been very well researched. Solar, wind and nuclear are about an order of magnitude lower in terms of Carbon footprint/Green house gas emissions compared to  coal and natural gas over their respective lifetimes (from mining and manufacturing to usage and disposal).

    NREL (National Renewable Energy Laboratory) has conducted comprehensive studies (to name one of many orgs) where they have gone over thousands of scientific/industry publications and prepared the data. https://www.nrel.gov/analysis/life-cycle-assessment.html

    Summary table is below. 

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