Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
@hank- I can't say that I've experienced consistent delivery problems, but as for the rest of your observations I'm in agreement. Amazon screws around with their prices like you can't believe. One day an item is eligible for "Prime" delivery, the ne…
@Mark, @Ted: I know for a fact that some of the full-time workers at the Safeway in Guerneville CA are eligible for, in need of, and do receive food stamps.
I have read multiple times over the years that similar workers for Walmart are in the same …
@PRESSmUP: Thanks for the insight- that certainly explains Senator Grassley's comment. The working poor can't afford to hire accountants because "they are just spending every darn penny they have, whether it’s on booze or women or movies.”
"as opposed to those that are just spending every darn penny they have"
@bee- We read story after story of people who are just trying to get through life, paying the rent, buying food, raising their kids. Senator Grassley's comments suggesting "boo…
"This is a world of near-zero-sum games, where somebody’s gain means somebody else’s loss. Politics, in this world, is defined by class warfare."
The very face of class warfare:
“I think having the estate tax recognizes the people that are inves…
Nopees. Your useful shopping tip for today!
OK, just so happens that I have some personal experience with "Fruit of the Loom" skivvies. About a year ago some of my 30-year old shorts appeared to be approaching the end of their useful service life, …
@Anna- There are a lot of similarities, but also some major differences. In some ways the Senate bill is even harsher than the House version. Would have thought that it would be the other way around.
I am a bit unsettled by what appears to be sarcasm, if not outright ridicule in the comments of some posters here. There is no place for such commentary on a site dedicated to mutual fund investing!!!
:( :( :( :( :(
Regards-
Ted
@Maurice- With you all the way on this one. I also use NoSript to try and shut out Google and Facebook to the extent possible. The one exception is Google-analytics, which seems to be necessary to run MFO properly. MFO management advises that Google…
"There's an interesting question here as to whether privacy really exists anymore."
@LewisBraham- Yes, exactly. It's why we have absolutely no interest in Facebook, Twitter, or any other "social sharing" sites. And of course I realize that my attem…
@davidrmoran- And I'm the one who's paranoid. Right.
If you can't see the handwriting, it is (it's) because of willful blindness. Here are just a few existing NSA facilities (by no means the complete collection):
Utah Data Center:
That's certai…
It's no longer a great big step to the government acquiring unchecked power. The current president thinks that he has that right now. There are plenty of people in his current executive who have no problem at all with the concept.
Couple someone li…
"Payment for information access."
@davidrmoran
More like an invitation to spy on you, track your every move, and make a permanent record of your life. This information is parsed by powerful computers capable of making very accurate "guesses", fill…
"goog is your pal"
@davidrmoran
Not my pal, not by a long shot. I believe Google to be one of the most powerful, insidious and dangerous gatherers of personal information in the history of the world. I avoid anything google if I possibly can. Take…
"She can probably pick her place anywhere in academia - here or abroad."
Yes, I'd certainly think so. She did a great job with the handoff from Ben Bernanke, and I hope that all goes smoothly with Mr. Powell.
Let's take this to it's logical conclusion. Why stop with "rich people"? Cut taxes for everyone and in no time at all the increased revenue will result in so much revenue we won't know what to do with it all!
"I heard tax cuts to rich people and corporations pay for themselves."
And I heard that Santa Claus and the tooth fairy are real.
The "new and extra revenue from doing away with deferred savings", if it happens, is going to provide the tax breaks…
Thanks @Anna & @msf for the clarifications and additional info.
Anna- The RMD to a bank must be a VG quirk. American Funds simply transfers our RMDs to our non-IRA mmkt account, where we can do whatever we want in the way of reinvestment.
@davidrmoran: Well, how about the completely unjustified confiscation of money and private property on the mere suspicion of wrongdoing, before a trial, with proceeds going to the arresting agency. That's still going on.
Many times there is no tria…
