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DonkeyCigars

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Posts posted by DonkeyCigars

  1. Finally, cross-posting from the crypto thread:

    Went to the Dallas Mavericks game tonight where they announced Voyager as a crypto partner. Mark Cuban is matching $100 free with a $100 deposit and crypto purchase if you use the code Mavs100. https://markets.businessinsider.com/news/currencies/mark-cuban-dallas-mavericks-free-bitcoin-100-voyager-digital-app-2021-10

    Anyways, before the start of the 4th quarter they had a fan come out with a timer and make some shots to qualify for the chance to shoot a half court shot and if he makes it, Mark Cuban gives this guy $100k in crypto.

    The loudest the game got was when this guy nailed it. We all went nuts for him, what a cool moment. Boban and all the Mavs players were legitimately floored too and celebrating and looked pretty astonished:

     

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  2. Went to the Dallas Mavericks game tonight where they announced Voyager as a crypto partner. Mark Cuban is matching $100 free with a $100 deposit and crypto purchase if you use the code Mavs100. https://markets.businessinsider.com/news/currencies/mark-cuban-dallas-mavericks-free-bitcoin-100-voyager-digital-app-2021-10

    Anyways, before the start of the 4th quarter they had a fan come out with a timer and make some shots to qualify for the chance to shoot a half court shot and if he makes it, Mark Cuban gives this guy $100k in crypto.

    The loudest the game got was when this guy nailed it. We all went nuts for him, what a cool moment. Boban and all the Mavs players were legitimately floored too and celebrating and looked pretty astonished:

     

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  3. 1 hour ago, DonkeyCigars said:

    Brunson or Maxi were the MVP's; love watching Brunson play. Probably my 2nd player favor after Luka. He plays with such heart and would be a starting 5 on many, many other teams. Maxi was playing hard tonight too and making some big shots (1-800-Maxi)

    THJ had an atrocious game and Luka was ice cold the first half before having an ugly 27 points or whatever it was. But even if he's 0-20, you never know when he will go 10-10 and he's magic.

    Dwight Powell is not an NBA player. He needs 6 minutes a game, max. He's just bad and it's frustrating. I'm done with him and his 3 missed dunks and bad offensive fouls and lack of ability.

    Oh, and Bullock's hair is atrocious.

    Also...this might be an unpopular opinion, but Luka looks chubbier than usual. I wonder if that's contributing to a slower start than usual.

    And also, his Free Throws remain an achilles heel. I don't think he hit one at all tonight, did he?

    But he's the best player on the floor 9 times out of 10, so hey, nobody is perfect.

  4. 5 hours ago, hookem2010 said:

    Snakes and spiders are generally OK with me, clearly. Roaches are gross but just a nuisance. Rats, especially inside a residence? Those can fuck right off. Alberta's keeping that shit locked down though.3900e0738f9cabd2e2228db299c2d3d6.jpg

    I've been to Calgary many times and I don't buy for one second Alberta has zero rats.

  5. Brunson or Maxi were the MVP's; love watching Brunson play. Probably my 2nd player favor after Luka. He plays with such heart and would be a starting 5 on many, many other teams. Maxi was playing hard tonight too and making some big shots (1-800-Maxi)

    THJ had an atrocious game and Luka was ice cold the first half before having an ugly 27 points or whatever it was. But even if he's 0-20, you never know when he will go 10-10 and he's magic.

    Dwight Powell is not an NBA player. He needs 6 minutes a game, max. He's just bad and it's frustrating. I'm done with him and his 3 missed dunks and bad offensive fouls and lack of ability.

    Oh, and Bullock's hair is atrocious.

  6. 37 minutes ago, AeroHorn said:

    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.

    That and the "American way" and the "American Dream" 1 in a billion story. Like an astute gentleman on twitter once said, "those who say follow your passion are already billionaires. There is 1 in a billion Jay-Z's and assume you aren't a Jay-Z."

    But then you read something like I did today about a wallet who invested $8000 in Shiba Inu coin that is now worth $5bn, 400 days later. 

    And with all the crypto and meme stonk millionaires, it's easy to see where people get the idea that in the land of chaos and amorality, you are a day away from rags to riches. Literally, at times.

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  7. 3 minutes ago, Judge Roybeanbag said:

    Maybe so, why do you have a problem with taxing it?  You think the status quo is going to pay for itself?  Are you one of those stupid bitches that complain that someone came in their garage, that they left open because their SUV is too big to park in there, and stole their chainsaw?  This is the land of opportunity. 

    If your SUV is too big to park in your garage you did a poor job of purchasing a house, a vehicle or both. Most people I know are building homes and specifying the garage be large enough for the biggest SUVs/trucks, but I did have a friend who had a contractor come out to extend his garage. The problem was his water heater was there and he couldn't do it. I hope his chainsaw is okay in the summer months.

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  8. Just now, AeroHorn said:

    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.

    And if wealth grows by 5%, you net 2.5%. It’s almost like a hedge fund model where you pay 2.5% of AUM and reap the profit delta. Not a horrible idea and with the law of big numbers, it could make a material difference. Your and my 2.5% is not even worth tracking comparatively.

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  9. 5 minutes ago, AeroHorn said:

    🙂 My 2.5k may not impress you superman, but have seen the 2.5% of my little friend called Bezos?

    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%

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  10. 14 minutes ago, Foosters said:

    Its truly a shame that the only two options we have are "status quo" and "complete and violent revolution." If only we lived on a planet with more than one country to look for examples as to how to best handle inequality. Oh well.

    It is what it is. 

  11. 7 minutes ago, AeroHorn said:

    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.

     

    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.

  12. 19 minutes ago, tantric superman said:

    I think there may be only one billionaire in the world who would recognize me, and not by name.  Just because I was one of his cadre of lawyers.  The most important thing about the guy is that he employed me and probably about 250,000 people over his carrer due to his business prowess.  That's paying wages and funding retirements and insurance plans. 

    I don't have any beef with billionaires and they are absolutely necessary, I think, to the functioning of our economy. 

    I don't have to hate them and I can still admire them and want to tax them a whole fuck lot more than they currently are getting taxed. 

    Taxing this guy more wouldn't slow him down.  It would make the game more fun and more challenging and the non-monetary rewards more sweet.  But there is a progressive rate out there that would ruin the game for him, or at least the next big score, and until the economists convince me that its what the rates are now, we need to move them up.

    Are we doing csb billionaire stories now?

    I once had a few meetings 1x1 with a billionaire. I didn't go full 'Ben Affleck in the job interview' cavalier casual, but I definitely challenged him on some things and owned the narrative and pushed my agency as an equal, or at least someone who could one day be an equal with the right lottery ticket.

    Like ole Charlie Robison said, my friends still love to hear me talk about that year.

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  13. 48 minutes ago, Longhorn_Fan68 said:

    actually, I am well endowed, thanks for noticing

    sorry man, I'm not gonna play your games and answer your stupid what-ifs. if you don't understand how a company can be profitable and successful and not pay their CEO 350x the median worker (20:1 in 1978, btw) or avoid taxes altogether and pad the pockets of their board, well, then I literally cannot help you. I'm not wasting any more time on your bullshit. Keep carrying the water for the 1%. I'm sure they find the notion that you're anywhere in the same league with them to be pretty novel and precious.

    Imagine saying "I'm not going to play your games and answer stupid what if's" when asked to answer a question about a direct comment and quote made. You said it was obviously wrong and mocked the idea that a trillion dollar company will necessarily mean there are billionaires due to how organizations are both created and owned. I said "wow, that's completely wrong but in off chance I'm wrong, can you walk me through your thinking?". 

    What law could be changed tomorrow that would co-exist in a world where a trillion dollar company could exist and no billionaires? Just answer the question.

    You can't, because you are wrong and your understanding of business is horrendous.

    These are the kinds of people who want to tell businesses and economies what is best-- people who have no experience or understanding of how things actually work. Woefully ignorant, but emotional and romantic.

    Any wholesale change to American capitalism and the way America does business will be revolutionary. Literally. 

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  14. 2 minutes ago, Judge Roybeanbag said:

    OK mea culpa, I don't thing you're a troll, but I do wholeheartedly think you're misguided. Tell me, what benifits do the the wealth disparity pay?   Sending captain kirk to space?  Looking at Kim Kardashian's fat ass?  I fail to see the benefit of the wealth concentration, forgive me, and I think maybe it could be better served by providing healthcare to the vast majority of Americans (USA USA!) and maybe, just fucking maybe, doing something for the huge portion of mentally ill in society.  Oh, you don't want help?

    I'm not your enemy here; I'm good with taxing billionaires to fund things like health. I just think taxing people at $2m or $5m net worth (your first posts) is a huge overreaction and overcorrection and woefully ignorant, but I can see the good-heartedness and intentions (thus why I said you are a romantic).

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  15. 1 minute ago, tantric superman said:

    I'll admit, I just made a comment based on one post, but is anyone arguing that there should be a "cap on earnings or potential"?  Because that is not what a progressive tax system does.  And if anyone is arguing we should go beyond taxing a fraction, rather than the whole, of "earnings", well I am against that.

    Yes judge Roy beans and longhorn. It’s probably pretty dumb of me to even have addressed it because the premises are really ignorant if not romantic.

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  16. 3 minutes ago, Longhorn_Fan68 said:

    DC is clearly not a student of history. ~40 years things were drastically different and there was not the wealth disparity we see today. What happened? Trickle-down bullshit lies. 40+ years of bleeding the middle class dry and blaming it on the poor. All to make less than 1000 people infinitely richer. He is right about one thing: it may take bloodshed for things to change, but it's not going to be the workers that change, it'll be the CEO's - minus their heads. In reality, though, it's exceptionally naive to claim that nothing short of revolution can change the status quo. again, that's just what the elites want us to think. They don't want the general masses to know that companies can succeed by paying workers more and CEO's less. 

    wait, tantric is an edge lord?

    Tell me again how we could pass a law tomorrow to have trillion dollar companies that don’t result in billionaires (or govt confiscating businesses). Remember that was such an easy and obvious answer that you scoffed at it, but then forgot to address and answer it, so I thought I’d remind you.

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  17. 4 minutes ago, jimmyjazz said:

    You've never heard of the poverty level?  It's a thing.  Although it addresses income, it's pretty useful inasmuch as anyone living near the poverty level tends to not have much in the way of valuable assets.

    EDIT:  tantric edged me out at the finish line

    He’s advocating for a “this is how much it costs to live” number that should inform a cap on how much one can have. That’s oranges to the poverty baseline apples.

    Unless he saying take the poverty level and triple it and that should be good enough for most people, or something equally stupid.

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  18. 2 minutes ago, Judge Roybeanbag said:

    Here's the thing, Donkey Cigars, although I doubt you've ever owned a donkey, I have, and they are loyal animals.  The rich in this country haven't done shit to earn it other than to be there.  They are rich at the expense of our poor.   If you want to create divisiveness, which I think you are probably paid to do (you seem like a troll), you would invite a wealth tax.   It would ease things, and not make people like me so mad.   

    1) I’m not a troll and especially not being paid.

    2) You are admitting that a wealth tax is divisive. Okay.

    3) I guess it’s the company you keep, but most people I know don’t want to be told there is a cap on earnings and potential. You will get a cap on effort and outcomes.
     

    Again, as stated before, if you are okay with not trying to continually improve and be cutting edge with innovation and advancement but are okay with maybe 80% of optimal performance, a cap on billionaire might make sense.

    But what costs will be born from losing ground to other countries who will leapfrog America then? Are they existential threats and costs?

    To your point is continuing as is business as usual, an existential threat? I don’t believe so, but I respect others who say maybe. I’ve never seen a more toxic culture of America than today (but then again I’m not old enough to have ever owned a loyal donkey)

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  19. 7 minutes ago, Judge Roybeanbag said:

    No, how much money is how much do you need to live.  You wanna be one of those people who bitch because they left their garage open, and someone stole something?  And the reason they left their garage open was because one of their big vehicles wouldn't fit in it?  Well tough shit.  If you leave your shit out in the driveway and then whine about it, that's a you problem.   

    And who determines how much is needed to live? Who is benchmarking these things and enforcing it?

    The government? That sounds awfully close to something that is not capitalism cum democracy, but something more, shall we say, centrally planned by a commune?

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  20. 41 minutes ago, Judge Roybeanbag said:

    Here's your serious answer, nobody, nobody deserves a billion dollars.  What the fuck does a billion dollars give anybody other than to throw their weight around and influence people with less than a billion dollars?  Everybody deserves an equal playing field at birth, having a stacked deck does not do that.   At least, at least, please forego a couple jokers to give the plebes a chance.  

    Let’s say I agree with you, which I don’t, you are simply espousing an opinion. If you wanted to cap people at $1bn, you would have to drastically redefine how America does business. Full stop. It’s not just a financial change for 700 people, it’s a change that cascades throughout the entire DNA of America and America business and economics. It’s a heavy, heavy redesign and reorganization that will take massive amounts of energy and intelligence from people only rivaled by the founding fathers IMO and let me tell you; James Madison ain’t walking through that door and all the genius-level thinkers and leaders are probably more interested in protecting their assets.

    Any wholesale change will need to be after blood is shed, IMO. These are revolutionary type changes we are talking about here (you and Longhorn), which is why it’s just yahoos online with an emotional opinion and not realistic conversations (lol at capping people at $5m or taking everything after a cliff of $1bn)

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  21. 51 minutes ago, Longhorn_Fan68 said:


    abstinent GIF

    Wait so you said my claim was laughable and absurd, while it was actually rooted in logic and facts as they stand currently, and are admitting you are wrong? That’s good of you to admit you don’t know what you are talking about and have zero business intelligence.

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  22. 4 minutes ago, Longhorn_Fan68 said:

    this is bullshit and has been perpetuated my entire life. and you know what, it's just simply false. you're carrying the elite class's water for them. you're perpetuating a false narrative that has made more people poorer and a few people richer. gtfo here with that shit. you can't have trillion dollar companies without billionaires? the fuck? of all the misinformed things you've said, that's probably tops

    I disagree with your opinion that it's perpetuated bs. But besides that:

    How does a Trillion dollar company not create billionaires? Unless you are implying that the government gets most of the proceeds and ownership or that everyone is entitled to welfare equity in organizations, who owns the trillion dollar companies if not shareholders? And co-founders/early stage financiers that own the shares of a company worth many billions and/or trillions, and an outsized portion of the shares/percentage of the trillion dollar company?

    How does your math work and how am I missing such an obvious point that what I said was so absurd and misinformed to the tops? Serious question and I expect a serious answer.

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