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Bag of Ass
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Postby Bag of Ass » Tue Feb 16, 2010 4:48 pm

Kauser wrote:Hey Bag, is this your first year filing as Mr. and Mrs. "of Ass"?

It sure is!

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OMGBEES
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Postby OMGBEES » Tue Feb 16, 2010 5:34 pm

Too-Much-Coffee Mistress wrote:My federal and state were about the same as they always are, but my city took an odd jump from its usual $8-12 up to about $45.

What? City? Man, that has to be a pain.
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Kauser
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Postby Kauser » Wed Feb 17, 2010 1:51 am

Bag of Ass wrote:
Kauser wrote:Hey Bag, is this your first year filing as Mr. and Mrs. "of Ass"?

It sure is!


That would explain the increase in the tax return.
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Too-Much-Coffee Mistress
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Postby Too-Much-Coffee Mistress » Wed Feb 17, 2010 5:08 am

OMGBEES wrote:
Too-Much-Coffee Mistress wrote:My federal and state were about the same as they always are, but my city took an odd jump from its usual $8-12 up to about $45.

What? City? Man, that has to be a pain.


It's not too bad. Normally, though, considering the size of the return I wish I didn't have to bother with it. I actually had an accountant friend do my taxes for the first time in a while this year because of the taxes related to my signing my house back over to the bank, and I didn't want to risk screwing it up, so it was especially easy this time around.
"The release of atom power has changed everything except our way of thinking...the solution to this problem lies in the heart of mankind. If only I had known, I should have become a watchmaker." - Albert Einstein

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OMGBEES
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Postby OMGBEES » Wed Feb 17, 2010 7:21 am

Initially I read that as "because of the taxes relating to singing in my house" and I was crippled by feelings of intense, empathic dispair.
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hobokenbob
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Postby hobokenbob » Fri Mar 05, 2010 6:25 pm

I really liked this Op-ed, so I hope more people read it
http://www.nytimes.com/2010/03/05/opini ... an.html?hp
In fairness, we've been building 'ground zeros' near Iraqi mosques since March 2003.

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hobokenbob
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Postby hobokenbob » Fri Mar 05, 2010 6:35 pm

but now I'll be very critical of the NYTimes. This is from their front page:

http://www.nytimes.com/2010/03/06/busin ... bs.html?hp

Though you don't really have to go farther than the title:
Jobless Rate Holds Steady, Raising Hopes of Recovery

So the jobless rate is holding at really-fucking-shitty, and this.. this is good news?

If any politician agrees with this, they deserve to be replaced.
In fairness, we've been building 'ground zeros' near Iraqi mosques since March 2003.

Jason Mustian

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Postby hobokenbob » Wed Mar 10, 2010 6:55 pm

hobokenbob wrote:I really liked this Op-ed, so I hope more people read it
http://www.nytimes.com/2010/03/05/opini ... an.html?hp


proud libertarian Richard Epstein has a rebuttal over at forbes.

http://www.forbes.com/2010/03/08/paul-k ... stein.html

most of it is basic ad hominem stuff. He posits that the Nobel Prize winning collumnist at the New York Times, is envious and resentful of people richer than him, for example.

his reasoning for abolishing the estate tax on the last 0.25% of the population left paying it is unintentionally hilarious. He explains that the reason so few people fall under the estate tax is because rich people make all kind of dirty maneuvers to get under it, and if they weren't forced to lie about their worth, they would have in fact created more tax revenues through normal market activity.

So a libertarian is just looking out for big government by showing it how to get more in tax revenues? mighty nice of him, but I think that line of logic is disengenuous, and considering the root definition of libertarianism is to reduce government tax revenues, I question his motive.

He also explains that "One reason the unemployment levels remain so stubbornly high is that our constant political meddling in labor markets makes it hard for individual firms to figure out the risk of hiring new employees." but leaves the specifics of what "political meddling" in labor markets he means, that's because to come right out and list these widely popular reforms so many people rely on and enjoy would make him out to be a giant d-bag. Yeah, that family medical leave act, fuck that! those free loaders!

Then goes on to explain why we should cut unemployment insurance: "No one knows how much money will go in that direction: Some recipients of unemployment benefits will use their checks to pay off past bills or save for future major expenses."

This is true! but it's like a 1% of the bottom line true, like how tort reform will help reduce healthcare costs. Or regularly checking your air pressure on your tires will help our dependancy on foreign oil. This little truth is proposed like some damning rebuttal of Krugman's criticism on republican nonsense that unemployment wages are a disinsentive to working (I'd love to hear if square seems particularly disincentivised when his first unemployment check comes!), but it doesn't even scratch the issue.

Not only is extending unemployment assistance during the greated recession of a generation a good thing because it reduces suffering of Americans, it's also a good idea because it's still dollar for dollar the most efficient direct stimulous of the economy - despite that faxt that maybe a few % of that ends up getting saved or to pay off crippling credit card debts.
In fairness, we've been building 'ground zeros' near Iraqi mosques since March 2003.

Jason Mustian

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Postby hobokenbob » Tue Mar 23, 2010 3:14 pm

http://finance.yahoo.com/news/2009-tax- ... l?x=0&.v=3

That damn socialist in the white house put more money directly into our pockets again.
In fairness, we've been building 'ground zeros' near Iraqi mosques since March 2003.

Jason Mustian

Kauser
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Postby Kauser » Tue Mar 23, 2010 3:26 pm

Not that, by our own admissions, has anyone here seen it.
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OMGBEES
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Postby OMGBEES » Tue Mar 23, 2010 3:28 pm

Man, I asked if anyone else got a huge tax refund this year. A few other people said yes.
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Kauser
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Postby Kauser » Tue Mar 23, 2010 3:30 pm

One other person said yes. Bag, and he got married, so he doesn't count.



And you don't count halfie, because you don't have any legs.
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hobokenbob
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Postby hobokenbob » Tue Mar 23, 2010 4:07 pm

Kauser wrote:Not that, by our own admissions, has anyone here seen it.

I know a friend who took advantage of the 1st time homebuyers credit, and I got my tiny little credit rolled into my return, but even with that I got back about the same because I earned more and paid less mortgage interest than last year.
In fairness, we've been building 'ground zeros' near Iraqi mosques since March 2003.

Jason Mustian

hobokenbob
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Postby hobokenbob » Tue Mar 23, 2010 4:09 pm

that 18th month high dow score, is a bit of a cheat, considering the um.. activity in the dow 18 months ago.
In fairness, we've been building 'ground zeros' near Iraqi mosques since March 2003.

Jason Mustian

hobokenbob
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Postby hobokenbob » Thu Mar 25, 2010 5:03 pm

While I don't think it means a damn thing, this has got to be awkward for the republican claims about the healthcare being an economic suicide back with the devil

link fixed
In fairness, we've been building 'ground zeros' near Iraqi mosques since March 2003.

Jason Mustian

hobokenbob
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Postby hobokenbob » Thu Mar 25, 2010 6:10 pm

oh good, only 442,000 more people lost their jobs this week
http://www.businessweek.com/news/2010-0 ... 2-000.html

did we keep that mission accomplished banner handy?
In fairness, we've been building 'ground zeros' near Iraqi mosques since March 2003.

Jason Mustian

hobokenbob
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Postby hobokenbob » Fri Mar 26, 2010 3:05 pm

Cleveland FED: Are Jobless Recoveries the new norm?

spoiler: yes.
In fairness, we've been building 'ground zeros' near Iraqi mosques since March 2003.

Jason Mustian

hobokenbob
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Postby hobokenbob » Mon Apr 05, 2010 6:19 pm

The latest kick to the nuts of working americans

http://www.nytimes.com/2010/04/04/us/04 ... ss&emc=rss

So Company decides to lay of a bunch of people to save money. Then decides it could save even more money by hiring another company to reject, appeal, or delay having to pay unemployment insurance claims. Causing folks to get less or no unemloyment benefits at all by bogging down an already heavily overburdened safety net.

Things like this - I understand the tea party's anger, even if I think its misdirected.
In fairness, we've been building 'ground zeros' near Iraqi mosques since March 2003.

Jason Mustian

hobokenbob
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Postby hobokenbob » Fri Aug 06, 2010 3:10 pm

http://financialservices.house.gov/Medi ... _22_10.pdf

How to Avoid a Third Depression
Testimony before the Committee on Financial Services
U.S. House of Representatives
Richard C. Koo
Chief Economist
Nomura Research Institute, Tokyo

The first several sections of this paper do an awesome job describing why this recession is so different than a normal recession, and why "common sense" and why traditional tactics won't/ aren't working.

edit: The whole paper is actually very readable, almost as if he were trying to explain things to a child. (Oh wait)
In fairness, we've been building 'ground zeros' near Iraqi mosques since March 2003.

Jason Mustian

hobokenbob
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Postby hobokenbob » Wed Oct 13, 2010 12:46 pm

I bet nobody read that last paper, so here's some lighter reading:

http://www.princeton.edu/~pkrugman/interstellar.pdf

Paul Krugman paper on Interstellar trade

How should interest charges on goods in transit be computed when the goods travel at close to the speed of light?
In fairness, we've been building 'ground zeros' near Iraqi mosques since March 2003.

Jason Mustian


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