> ... but if you believe it is even remotely possible with the current political climate we live in ...  There is nothing stopping you from doing a city/country/state [proposition](http://en.wikipedia.org/wiki/California_ballot_proposition) (laws vary).   Larry Lessig has an excellent [talk about the problem and the solution](https://www.youtube.com/watch?v=Ik1AK56FtVc).  Flailing at Walmart isn't a solution.


"I would accept the offer provided that it is a BONA FIDE offer. Some issues to consider: 1) Make sure the debt is actually yours. 2) Make sure that there is a meaningful period of time left on the statute of limitations (10 years). Because if this ""settlement"" doesn't work, the clock goes back to time zero for the debt, minus the amount you paid. In other words, don't pay off a debt ""by the end of the month"" that will expire on the fifteenth. 3) I'm not a lawyer, and therefore, in your shoes, I would consider consulting a lawyer. 4) If using a lawyer isn't cost effective, then I would set up an escrow account, deposit the settlement amount, and then release it upon receipt of a letter that says that the amount in escrow fully satisfies the debt. Such a letter will help your record with credit agencies. It will also establish a record that you've paid, and paid in full. Based on what you've said about the original letter, the debt collector would be willing to do this. If he reneges, he's ""playing games."""


"Nobody is claiming that there has been no warming. However, it is not a subject of controversy that the ""pause"" has gone on for 17 years, in contradiction to all the climate models. The most ardent alarmists (except for you) aren't denying that--they are trying to explain it in various ways.   http://wattsupwiththat.com/2013/11/04/rss-reaches-santers-17-years/"


I assume that when you say 'the DOW' that you actually mean the general market.  The ticker symbol for the general market is SPY (called a 'Spider'). The ticker symbol for Nasdaq is QQQ.  SPY currently pays 2.55% in dividends in a year.  QQQ currently pays 1.34% in dividends in a year.


Liquid Nitrogen Import Data enables importing companies and traders to avail more information that can be of great benefit for improving their businesses. They also want to stay in the trading market and help their domestic products and industries to flourish further in their own country and in the foreign land.


Seriously. Lately it seems like it's shrinking as well. Just last night I figured I'd pop on and watch a couple episodes of MASH, nope gone. Ok, maybe start another binge of Futurama, nope first 5 seasons are gone. Ok, fine I'll just go back and pick up on Bones, nope another one with the first 5 seasons gone. Oh but hey, there are a bunch of WW2 propaganda movies and stand up specials that were just added.


American workers generally get an average of 10 days paid vacation a year, sometimes with a few extra sick days; but a full time American worker averages taking only 5-7 days a year.    I'm an American worker and I get 1 day a year. After 5 years, I get 2 more. That one day is vacation and sick leave. I work for a US based multi billion dollar company as an hourly employee.


Increasing rates from .75% to 1% is an attempt to control debt.  The new 1% rate drives down demand for bonds based on the old .75% rate and drives down demand for stocks who have decrease profit because they pay more interest on debt.  This is the federal reserves primary tool controling inflation.   1% is what the banks pay to borrow money, they base their lending rates on this 1% figure.  If a person can guarantee a .75% return on money borrowed at 1%, they will opt to save and instead lend their money out at 1%.


I work in banking for the private bank division for a major bank as a banker. I have been helping clients with these types of transactions for years. I believe that large transactions like this are best left to the big boys. That is where the talented bankers/loan officers/underwriters are, and that is the type of transaction they specialize in. I know for a fact that your credit union will not be able to suit your needs, and a smaller bank will be tough to deal with. I wouldn't worry at all about the credit pulls as much as picking a rock solid bank with lots of experiences doing these kinds of deals. That is my 2 cents, albeit a little bit biased, but it is also coming from experience. History with the bank definitely matters, but what business you can bring to the bank along with the lending (deposits, 401k management, personal investments, business services, etc) matter just as much and can make or break the approval/decline or even the terms being favorable or not favorable to your company.


It's reminiscent of how state socialist governments made their own brands to sell through state-owned grocery stores.  In this case, Aldi is making its own (low quality) branded goods (instead of allowing for capitalist/competitive brand selection) and excluding from its stores all other branded goods made by other companies.    Aldi does not follow the Costco model. They're not comparable at all.   Costco has yearly membership fees and you can buy quality name brands from them at rock-bottom prices.  Aldi is not a membership club and sells almost exclusively low-quality in-house brands.    Costco does have the in-house Kirkland brand, though it is highly lauded by its customers.


"@sdg's answer is spot-on with the advice to avoid repeated conversions, but I'd like to provide some specifics on the fees involved: Each time you round-trip Canadian dollars (CAD) through a U.S.-dollar (USD) priced security at TD Waterhouse and leave your proceeds in CAD, you're paying a total foreign exchange fee – implied in their rate  spread – of about 3%, give or take. That's ~3% per buy & sell combination, or ~1.5% on each end. You can imagine if you trade back & forth frequently, you can quickly lose a lot of money.  Do it back and forth ten times in a year and you're out ~30% on the fees alone! The TD U.S. Money Market Fund (TDB166) that TD Waterhouse is referring to has no direct commission to buy or sell, but it does have a Management Expense Ratio (MER) of 0.20% per year – basically a fee which is deducted from the fund's returns (which, today, are also close to zero.)  Practically speaking, that's a very slim fee to hold some USD in your Canadian dollar TFSA. While 0.20% is cheap, a point to keep in mind is if you maintain a significant USD balance, you are maintaining currency risk:  You can lose money in CAD terms if the CAD appreciates vs. USD. Additional references: Canadian Capitalist describes TD Waterhouse and the use of TDB166 and ""wash trades"" at How to ""Wash"" Your Trade?  He's referring to RRSPs, but the same applies to TFSAs, which came out after the post was written. Canadian Couch Potato has two relevant articles: Are US-listed ETFs Really Cheaper? and Lowering Your Currency Exchange Fees."


"The simple answer could be that one or more ""people"" decided to buy. By ""people,"" I don't mean individual buyers of 100 shares like you or me, but typically large institutional investors like Fidelity, who might buy millions of shares at a time. Or if you're talking about a human person, perhaps someone like Warren Buffett. In a ""thinly"" traded small cap stock that typically trades a few hundred shares in a day, an order for ""thousands"" could significantly move the price. This is one situation where more or less ""average"" people could move a single stock."


Zimbabwe was a fine place to live when it was Rhodesia. Zambia, which is welcoming back a number of Whites, is doing better now as well, where the same cannot be as well said for Zimbabwe.       Material resources are not the source of most country's wealth anyway, or we would not see countries like Hong Kong, Singapore, Liechtenstein, Luxembourg, or Switzerland develop. And yet, we do. The common thread between them is simple: freedom and intelligence - things Africa lacks and cannot hope to create unless what most would call a tragedy were to occur.      I wouldn't kid yourself, really. Many countries have had exceptionally long histories with many a chance to develop and yet they have not done so well as those with brighter populations. Many have had very short histories, with little chance to develop and yet they have done exceptionally. As stated above, there are common threads and that's what Faber is clearly referencing, not some mixed-blessing of resources or somesuch.    Don't be foolish. There are no other sufficient explanations after properly interrogating the issue.


"define ""spoil""? we are not talking about expensive gadgets, TVs and video games. we are talking good schools, quality food and health care.   it's the opposite of ""spoiled"" in many ways. no junk food, no idle time. lots of learning, work and discipline."


The purpose of the W-4 form is to allow you to adjust the withholding to meet your tax obligations. If you have outside non-wage income (money from tutoring) you will have to fill out the W-4 to have extra taxes withheld. If you have deductions (kids, mortgages, student loan interest) then you need to adjust the form to have less tax taken out. Now if yo go so far that you owe too much in April, then you can get hit with penalties and a requirement to file your taxes quarterly the next year. Most years I adjust my W-4 to reflect changes to my situation. The idea is to use it to manage your withholding so that you minimize your refund without triggering the penalties. The HR department has advised you well. How to adjust: If you want to decrease withholding (making the refund smaller) add one to the number on the worksheet. In 2014 a change by 1 exemption is equal to a salary adjustment of  $3,950. If this was spread over 26 paychecks that would be the same as lowering your salary by ~$152. If you are in the 15% tax bracket that increases your take home pay by ~10 a check.


"Securities and ETFs are also subjected to Estate Tax.  Some ways: Draft a ""Transfer on Death"" instruction to the broker, that triggers a transfer to an account in the beneficiary's name, in most cases avoiding probate. If the broker does not support it, find another broker.  Give your brokerage and bank password/token to your beneficiary. Have him transfer out holdings within hours of death.  Create a Trust, that survives even after death of an individual.  P.S. ETF is treated as Stock (a company that owns other companies), regardless of the nature of the holdings.  P.S.2 Above suggestions are only applicable to nonresident alien of the US."


But . .but . .Fitchy baby . .sweetheart . .dahlink . .  You do remember how you were exposed as total and complete ignorant fraudulent assholes in 2008 . . .you poor babies . .you really didn't have a clue  But now that you have recovered your composure or at least put on a straight enough face not to look like total clowns, we are more interested in what is the state of the all that garbage you rated aaa that the Fed is putting up for sale next month.  Do tell muffin . . .I hear it could sink the global economy into a 4.5 trillion dollar depression . . .we do await your wisdom on such a pressing matter


"What types of delivery options are these? I worked in logistics for a brief period (like 2 years, not much) and have never heard of such a thing.   I think what the person above you mentioned is that UPS and FedEx both lean heavily on USPS for shipments to rural areas that it simply doesn't make sense for the private companies to build a network to distribute to. Instead they dump your UPS/FedEx onto USPS for the last leg or two of distribution, depending on how rural the area is. Most addresses listed as ""beyond points"" in already rural areas are almost all delivered by USPS and not UPS/FedEx"


"Shipping Costs. Tariffs. (Mexico and US have NAFTA, so Corona comes in cheap to the country). and Local and National taxes.  Corona is made in Mexico and is a short truck ride across the border to be distributed. To get to Australia, it goes much slower, and can cause more of the product to go bad before it gets there, hence the cost goes up.  Same with Budweiser, except it has even less distance to travel within the states.  By the way, the US also has heavy ""sin"" taxes on alcohol. I'd imagine both of these products are cheaper in Mexico.  Also, I assume, you are not exchanging $1 AUS = $1 US. right?"


Jewish living in Brooklyn here, the Satmars are pretty much all crazy assholes. This is also why I hate when Jews or Christians talk badly about Muslims because of the extremists. There's an exact version of these people in every religion.


"I can't imagine how a company that has all the proof it needs of its existence and business dealings is able to be challenged in this way. Fact is, they were doing business first. The insurance company has no claim to make. (I'm not a lawyer, my observation there is based on what's right and logical...perhaps the law disagrees and if so, that law is as crooked as the judge who thinks the request for the insurance company's business dealings off ""frivolous"").  They may have messed up. That's because the evidence looks pretty ""open and shut"".   Too bad for them they're getting pushed around on the basis of ""I'm bigger"" I guess, huh? I don't see why this means they're on their own.  Edit: I didn't see the part about the dillusion suit. Definitely brought it on themselves, still being harassed; and insurance company has no right to shut them or their site down."


"Your inference in #1 is incorrect.  The million dollars he has contributed is going to be part of the assets of the fund.  This is common practice and is a way for the founder to express confidence that the fund will make money.  He wants you to come up with a model that he can then use to trade those assets.  Presumably he will give you some money if he uses your model and it works. Regarding #2, there are lots of ways of getting data.  Sometimes you can buy it directly from the exchange.  You can also buy from vendors like tickdata.com.  There are lots of such vendors.  Since he makes a big deal about saying it's expensive, I'm assuming he is talking about data at relatively high frequency (not daily, which would be cheap).  Stock data is still not bad.  Complete US data would be a few thousand dollars (maybe 20K at the most).  For someone sitting at home with no capital, that's a lot of money, but for a hedge fund it's nothing. As an institutional investor, your broker will give you a data feed that will provide all prices in real time (but not historically).  If he's been in operation a while, he could have just saved the prices as they came out of the pipe.  I don't think that's the case here, though, based on how young he is and how little money is involved. In short, he paid for some data and has ""encrypted"" it in such a way that he can legally share it for free.  Supposedly his method preserves the structure so that you could write a trading model based on the encrypted data and it would work on real data.  Once you have a good trading model, you sell it to him and he will use it to trade his million dollars and whatever other money he is able to gather."


It should go without saying (should being the key word) that you must pay employees enough so that they stop thinking about money. If your people are under that thresshold, these points aren't as powerful. Underpaid people will always underperform, mentally check-out, look for a new job, etc. Being underpaid is like being on fire. Before anything else can happen, this must be addressed.  Once they're above the thresshold and money is no longer a motivator, that's when you need these things to happen. Compensation sort of falls into the law of diminishing return. More is always better...to a point. I've read that point cited at $75-77k in the US. After that, people aren't working solely for compensation anymore.


The classic Nigerian scam involves sending fraudulent cashier's checks to unwitting recipients who then deposit them in their account.  The bank reverses these deposits once they discover the check is not valid.  At least in the US and in the parts of the EU I'm familiar with (the Netherlands), the method of the Nigerian scam is consistent and banks will reverse the deposit after some holding period. Given this, it's unlikely that most banks will convert an arbitrary cashier's check to cash without any means to recover the amount should the check be fraudulent.


It's not made up, the guy is a buffoon and the Republicans are too spineless to toss his ass overboard and get shit done. Trump only looks out for himself, he doesn't give two shits about his party or the country.


Right, just like computers are only available to the upper class.  In reality, the wealthy would just be the initial market.  As their demand causes supply increases/cost innovation, prices will inevitably fall (and philanthropy almost certainly rise), which would make the enhancements available further down the economic ladder, which cycles the process again.


"Don't assume you will make a loss. I knew a couple of cases where people have made mistakes like this and turned it into a more profitable business than their original venture, causing them to willingly make the same ""mistake""again.  Look for the strength: a large quantity, all ready to go. It's way easier to solve than having no stock. Look further afield than usual; talk to people in different parts of the supply chain. Sure, your usual customers don't need that much all at once but would a distributor in a neighboring country or state be interested? It's possible someone out there is having trouble fulfilling an unusually big order and would love your help. Alternatively, do something unusual. Is there a pet event going on at which you could have a blow out one-off sale and work the marketing angle?  Think creatively but, most importantly, you're doing the right thing by tackling this now. A distributor won't touch it when it's only got two months left."


"Consider property taxes (school, municipal, county, etc.) summing to 10% of the property value.  So each year, another .02N is removed.  Assume the property value rises with inflation.  Allow for a 5% after inflation return on a 70/30 stock bond mix for N.   After inflation return.   Let's assume a 20% rate.  And let's bump the .05N after inflation to .07N before inflation.  Inflation is still taxable.   Result  Drop in value of investment funds due to purchase.   Return after inflation.   After-inflation return minus property taxes.   Taxes are on the return including inflation, so we'll assume .06N and a 20% rate (may be lower than that, but better safe than sorry).   Amount left.   If no property, you would have .036N to live on after taxes.  But with the property, that drops to .008N.  Given the constraints of the problem, .008N could be anywhere from $8k to $80k.   So if we ignore housing, can you live on $8k a year?  If so, then no problem.  If not, then you need to constrain N more or make do with less house.   On the bright side, you don't have to pay rent out of the .008N.  You still need housing out of the .036N without the house.   These formulas should be considered examples.  I don't know how much your property taxes might be.  Nor do I know how much you'll pay in taxes.  Heck, I don't know that you'll average a 5% return after inflation.  You may have to put some of the money into cash equivalents with negligible return.  But this should allow you to research more what your situation really is.   If we set returns to 3.5% after inflation and 2.4% after inflation and taxes, that changes the numbers slightly but importantly.  The ""no house"" number becomes .024N.  The ""with house"" number becomes  So that's $24,000 (which needs to include rent) versus -$800 (no rent needed).  There is not enough money in that plan to have any remainder to live on in the ""with house"" option.  Given the constraints for N and these assumptions about returns, you would be $800 to $8000 short every year.   This continues to assume that property taxes are 10% of the property value annually.  Lower property taxes would of course make this better.  Higher property taxes would be even less feasible.   When comparing to people with homes, remember the option of selling the home.  If you sell your .2N home for .2N and buy a .08N condo instead, that's not just .12N more that is invested.  You'll also have less tied up with property taxes.  It's a lot easier to live on $20k than $8k.   Or do a reverse mortgage where the lender pays the property taxes.  You'll get some more savings up front, have a place to live while you're alive, and save money annually.   There are options with a house that you don't have without one."


"Stop lights. Traffic patterns. Airplane landing order, or even efficiency on the best path to travel. Power grid system efficiency. Netflix giving recommendations. Google responses.  All those hurricane and weather tracking systems. Targeted ads. I suppose I should say ""algorithms"" but I consider that a form of AI. A designed decision by a computer that makes it based on a multitude of input information."


"Taxes are a tool for achieving social policy goals. While Americans consider ""Socialism"" to be a curse, the US is in fact quite socialistic. Mostly towards corporations, but sometimes even the normal people, not only the ""Corporation are people, my friend"" (M. Romney) get some discounts. The tax deduction on mortgage interest comes as a tool to encourage Americans to own their homes. It is important, socially, for people to own their home to be independent, and in general contributes to the stability of the society. As anything, when taken to the extreme, it in fact achieves exactly the opposite, as we've seen in 2008, but when balanced - works well. Capital gain is taxed in the US, because it is income. Generally, any income is taxed. However, gain sourced from the sale of primary residence is excluded, up to a certain (quite large) amount from this tax (if lived in the residence long enough - 3 of the last 5 years prior to sale). This, again, to encourage Americans to upgrade their houses and make it easier for Americans to relocate when needed (sell one house and buy another without losing cash on taxes). As to ""asset producing income"" - that is true in the US as well. You cannot deduct your personal expenses, in general. Mortgage interest on primary residence is a notable exception, because it serves a social cause. Similarly, medical expenses are allowed as a deduction, if they're above certain limit, and many other things (for example - if a US person totals his car, and insurance doesn't cover the loss - it is tax deductible, above certain limit, the higher the income - the higher the limit). These are purely social policy breaks. Socialism, something Americans like to have, and love to hate. Many ""anti-socialists"" in the US are in fact taking advantage of these specific tax breaks the most, because for rich folks these are limited or non-existent (mortgage interest limited up to 1 million, medical expenses are allowed only above certain percentage of income, etc)."


I think Wendy's food is delicious, they've really stepped up their game over the last year or so (at least they have in Canada don't know if they've made changes in the US).  I would eat there 1-2 times a week if fast food wasn't so unhealthy.


"Without more specifics, yes, you should. The risk depends on your policy, but the impact is high. The actual requirement will depend on your state and the specific language in your policy. Some policies will provide full coverage if that driver has your permission to use the car. The cost of not complying can be substantial. If you live with your girlfriend, apply for a policy and fail to disclose her presence in your household, that could be construed as intent to fraud in some situations. Other companies will drop your coverage if they find out. You need to think long and hard before not answering a question posed by an insurance company with complete honesty. There are documented cases where families have lost out on thousands of dollars because someone checked the ""non-smoker"" box on a life insurance form, but the insurance company found a picture of the person smoking a cigar at a wedding."


Since I've been doing this since late 03 I have colo machines in Chicago and NYC, and have direct exchange data feeds etc.  I mentioned in a prior post though, for someone starting out on algorithmic trading, I'd recommend Nanex for tick data and Interactive Brokers for your brokerage account. IB has a robust and easy to use API. It won't let you do the most low latency stuff bc you can't colo at the exchange and have to clear through their order management systems but if you are looking at opportunities that exist in the market in excess of 50ms it's probably a good place to start. If not, go Lightspeed imo, but that'll cost you on the colo/data a lot more.


Global warming is not a hoax.  However this type of climate change, higher CO2, has many benefits and one is that we will have much more vegetation and higher levels of oxygen. All vegetation does better in high CO2 levels as we both know because we are scientific about things and not emotional.  Global warming is used as a tax issue. Obama just wants to tax the energy industries, but who always pays is the end user.


Its highly unlikely to 'collapse', perhaps there will be  managed defaults, yes, but there is no way they will let it collapse as a global depression would follow.  If the euro collapses it will also bring down most of the global economy including the likes of China and the US (not to mention the Germans) and they are not going to let that happen.  http://www.ft.com/cms/s/0/6cf8ce18-2042-11e1-9878-00144feabdc0.html#axzz1y0lc0hy1  P.s. I am surprised we have not seen more suggestions of buying guns, land and building a commune.


"With options you pay for a premium which relates to the expected (so-called ""implied"" volatility). With futures, there is no assumption about the volatility of an underlying stock. In general, when trading options you trade the direction and future expected volatility of an underlying while futures are directional trades only."


It would seem that the best method of bank robbery involves an inside man or woman, someone in the bank who can provide information about where the largest amount of cash is and when to hit the bank. $20,000 does not seem to be worth the risk of jail time. I'd say anything south of $100,000 per bank robber probably wouldn't be worth it, and getting that amount of cash would require more than a simple walk-in, pull a gun, empty a register robbery.   The trick would either be proving an iron-clad alibi for the inside person or the group of robbers collectively contributing to the cost of that person disappearing. At the very least, that individual should get the largest share of the score.   Escape is undoubtedly the biggest issue. One would need immediate transportation from the scene of the crime which could leave the area, then be dumped (fully scrubbed for prints, DNA, etc.) then the group would all go their separate ways.   Regardless, I don't think it's worth the risk or the effort. First off, when you rob a bank the greedy bankers doesn't lose the money, it's paid by the FDIC, which is founded by taxpayers, so what you're doing is taking money that might otherwise be spent on social services for people who need them. Moreover, it's expensive and time-consuming to launder large amounts of money. If you manage to get $120,000 out of a robbery, which is hugely optimistic, that number would take years and a significant fraction of the take just to clean for personal use. And the risk of not only prison but possibly death seems rather extreme when compared to the admittedly more dull alternative of finding and holding down career.   I think there are probably more efficient criminal methods of obtaining large quantities of money/wealth, too. Illegal narcotics, for example, are a $300 billion a year industry. While it's not the easiest business to get into, one imagines, the potential for someone who isn't just some moron off the street to climb the cartel ladder could be significant and could lead to a high income. There are significant risks, of course, and there's a serious moral question as to whether selling illegal drugs is acceptable or not, but if you're morally flexible or have the opinion that illegal narcotics are not something that should be prohibited, it could work.   And there's always money in the banana stand.


"None.  The first ""caja"" that ""required"" a rescue from the spanish government was Caja Castilla la Mancha. This ""caja"" was a special entity created by the spanish local government and had politicians in the governing board. This politicians were from the ruling party of that region, at that time PSOE (socialist party of Spain).  The funny part is that the president then, Zapatero from the same socialist party, went to London for a G20 meeting and his main reivindication was that the world governments needed to fight against tax paradises. The same week he was there spreading this message it was known that directors of Caja Castilla la Mancha (remember, politicians from the same party) had set up a special entity in a fiscal paradise so their speculations would be cheaper.  Obviously nothing happened to those people."


Started making $140K out of undergrad, Investment Banking. Pre-tax, of course.  Would probably be similar to $80K in a smaller market.    If your total comp includes an end-of-year bonus, you should follow this rule:  Spend salary, bank bonus.


Yes,  if you choose to live within the benefits provided by a system *and* choose to illegally not pay for your part, then yes expect armed men to show up at your door - and rightfully so.  Try joining a family you don't know at a restaurant, start helping yourself to their food and see what happens...


We have extensive experience in web design and development, but that's not all we can offer you. We are specialists SEO in (search engine positioning) and we look for the way to position your website in the first results of Google and the rest of search engines. For this we use the best SMO Services In Oklahoma and techniques and tools on the market that allow us to have a global vision of your sector on the Internet. We are experts in WordPress and Joomla, content managers that allow you to update, edit and add new pages to your site very simply.


Typically a hedge fund makes money in two ways: An asset fee of around 2%, and a performance bonus of 20% of the profits.   This causes a huge deterioration of the funds growth, especially when you compound the difference over 20 or 30 years.   Funny enough, they don't have to put in 20% of losses, that's 100% on the pension to bear.


It's funny you bring up trains. If you actually go back and look at the history of trains during the rise of the automobile you'll find that their practices were far worse than anything Hollywood is doing. Remember when the government was busting up all the Big Trusts (high school History)? The Railroad Trust was fucking with everything from ticket prices, to worker's rights, and yes even regulations to squeeze as much as they could before their ultimate demise. It's a sad lesson because if they had learned to function alongside cars and their actual value of facilitating transportation we wouldn't have the transportation crisis we face now. Your analogy is depressingly apt.   Crowdfunding, a drop in media prices, and 1-login-anywhere-on-demand media services (a la Steam) are definitely sure to crop up over the years and I totally agree that *these* will combat piracy more than anything the government can do. Because honestly I think the U.S. Government pulls this kind of bullshit just to show the American public that they are relevant. Just because they are on the completely wrong side of the argument doesn't mean donors aren't popping up out of nowhere, their offices and websites aren't flooded with traffic, and they aren't benefiting from the press. If they aren't manufacturing retarded schemes like this, they'll have to get back to the real work of voting about the logos on our currency.


"You Need A Budget is a nice budgeting tool that works on the desktop.   It is more focused on manual entry and budgeting over auto-downloading and categorizing.   It does support downloading transactions from banks and then importing the transaction files.    You mentioned having ""trust issues"" with a bank and this would be safe as you don't enter your credentials into the app.   It also has a mobile app that works well. Not exactly what you are looking for, but it would work in India and be safe if you have an untrustworthy bank and it would allow you to import transactions."


There are a couple of things to consider.   First, in order to avoid interest charges you generally just need to pay the statement balance before the statement due date.  This is your grace period.  You don't need to monitor your activity every day and send immediate payments.  If you're being really tight with money, you can actually make a little profit by letting your cash sit in an interest bearing account before you pay your credit card before the due date. Second, credit card interest rates are pretty terrible, and prescribed minimum payments are comically low.  If you buy furniture using your credit card you will pay some interest, be sure to pay way more than the minimum payment.  You should avoid carrying a balance on a credit card.  At 20% interest the approximate monthly interest charge on $1,000 is $16.67. Third, if you carry a balance on your credit card you lose the interest grace period (the first point above) on new charges.  If you buy your couch, and carry the balance, when you buy a soda at 7-11, the soda begins to accrue interest immediately.  If you decide to carry a balance on a credit card, stop using that card for new charges.  It generally takes two consecutive billing period full balance payments to restore the grace period. Fourth, to answer your question, using a credit card to carry a balance has no impact on your score.  Make your payments on time, don't exceed your limits, keep your utilization reasonable.  The credit agencies have no idea if you're carrying a balance or how much interest you're paying. To Appease the people who think point four needs more words: Your credit report contains your limit, your reported balance (generally your statement balance), and approximate minimum payment.  There is no indication related to whether or not the balance contains a carried balance and/or accrued interest.  The mere fact of carrying a balance will not impact your credit score because the credit reporting bureaus don't know you're carrying a balance.  Paying interest doesn't help or hurt your score.  Obviously if your carried balance and interest charges push your utilization up that will impact your score because of the increased utilization. Make your payments on time, don't exceed your limits, keep your utilization reasonable and your score will be fine.


"It's not a fallacy, I'm pointing out you're complaining about housing prices but unwilling to find better ones. As I pointed out (and you ignored) those housing prices are regarding convenience. With a little bit of a drive, you could find ""afforable"" housing instead of renting and voila! nothing to complain about.  If you want a better house, then get a better job. It's not rocket science. Someone on minimum wage isn't going to be able to afford a house in downtown DC or surrounding area."


Apply for a secured credit card (several financial institutions provide these, including most banks. WalletHub gives you a way to search/filter for these cards quite easily).  You will need to deposit funds to cover your credit limit.  Deposit as much as they allow, I believe it is 500.00.  Pay for EVERYTHING with the card.  Monitor your balance due and keep paying it off, to bring the balance due down so you can continue using your card. I know you mentioned your area requires you to be 19, not sure if that still applies if you are applying online, in another state. Also, there's no real reason to get a card with an annual fee in this case. The main reason for an annual fee would be a lower interest charge - simply don't get charged interest, and you'll be better off with not having to pay for a card annually. Good luck.


"shouldn't withdraw stock investments for at least 5 years would be better re-phrased as: ""don't invest money in stocks if you (really) need it within next few years"". The underlying principle is: stocks are one of the higher-risk investment classes out there.  While that's exactly what you want over a long time horizon (longer than the ebb and flow of the broader economy); if you know you'll definitely have to withdraw $50k (or any large chunk) of it within just a few years, it's possible that a great long-term vehicle like stocks, could actually rob you of money on a shorter time horizon. So if you want to start a business 2 years from now, you'll probably want to retain some of that $300k initial pile in lower-risk investment vehicles (e.g. bonds, CDs, certain ETFs and mutual funds aimed at ""capital preservation"", etc). That said, interest rates are so low, that if you're flexible with how much money you'll need to start that business, I'd probably keep as much as you can stomach in diversified stocks (per your original plan)."


The US will let you keep as much money as you want to within its borders regardless of your citizenship. You'll owe capital gains tax in the US unless you're subject to a tax treaty (which you would probably make as an election in the year of the transaction). I don't know if India has any rules about how it governs its citizens' foreign assets, but the US requires citizens to file a form annually declaring foreign accounts over $10,000. You may be subject to additional Indian taxes if India taxes global income like the US does.


The check is just barely over 6 months old. I suspect it will go through with no issues.


There is a lot of difference in the way a commercial cleaning service provider works and the way in which your daily office cleaners perform their job. Lets’ describe in detail how the services of  professional commercial cleaning company is different from the regular cleaners and how they can help you in efficiently running your organization.


Markets are definitely not efficient 100% of the time in thousands for ways. For example, why does implied volatility of options spike right before earnings when everyone already know the earnings date? Sentiment can also change in a blink of an eye based on analyst downgrades or a technical sell off. That said, most market inefficiencies are not salable. Its not possible to make a play off a illogical sell-off when your AUM can buy the company many times over.


Monarchy is a form of government. I make the distinction where the people have little or no say in who makes the rules. In a monarchy, they king makes the rules and people can either move away or stay. In a democracy, the dictators make decisions for them and spend 1/3 of their income, and the people get a 1 in several million say over which of 2 dictators gets to make decisions for them.


"Definitely depends on the field. I work in derivatives (but not on the pure quant side, though), and that's one of the fields that tends to hire the most mathsy guys. Basically involves applying a lot of stochastic calculus and probabilistic concepts to practical pricing problems.   If you want a nice little application from a math perspective (but not necessarily practical), check out ""A Closed-Form Solution for Options with Stochastic Volatility"" by Heston (1992). Should give a decent idea of how typically the problem solving process works in derivative-land: start with a practical problem relating to a probabilistic/modelling concept (eg implied distribution of expected returns) -> apply some math -> come up with some sort of solution.  *edit: clarification 1st paragraph"


Those billionaires are often billionaires because they make it their job to take my hard earned money, which I give them willingly, and make it worth more than inflation in fifty years so that I can retire with dignity, comfort and peace.  If you tax the hell out of that then people are either not going to do it, or it will be prohibitively expensive to do so, meaning that the 401(K) system makes less money.  Also, wtf did the rich people do to deserve to be punished?


How can I calculate my currency risk exposure?  You own securities that are priced in dollars, so your currency risk is the amount (all else being equal) that your portfolio drops if the dollar depreciates relative to the Euro between now and the time that you plan to cash out your investments. Not all stocks, though, have a high correlation relative to the dollar.  Many US companies (e.g. Apple) do a lot of business in foreign countries and do not necessarily move in line with the Dollar.  Calculate the correlation (using Excel or other statistical programs) between the returns of your portfolio and the change in FX rate between the Dollar and Euro to see how well your portfolio correlated with that FX rate.  That would tell you how much risk you need to mitigate. how can I hedge against it?  There are various Currency ETFs that will track the USD/EUR exchange rate, so one option could be to buy some of those to offset your currency risk calculated above.  Note that ETFs do have fees associated with them, although they should be fairly small (one I looked at had a 0.4% fee, which isn't terrible but isn't nothing). Also note that there are ETFs that employ currency risk mitigation internally - including one on the Nasdaq 100 .   Note that this is NOT a recommendation for this ETF - just letting you know about alternative products that MIGHT meet your needs.


Absolutely do not pay off the car if you aren't planning to keep it.  The amount of equity that you have from a trade in vehicle will always be a variable when negotiating a new car purchase.  By applying cash (a hard asset) to increase your equity, you are trading a fixed amount for an unknown, variable amount.  You are also moving from a position of more certainty for a position of less certainty.  You gain nothing by paying off the car, whereas the dealer can negotiate away a larger piece of the equity in the vehicle.


"Unfortunately main stream sources choose not to give this type of analysis and more often than not smell like spam to me. It probably is self serving to some degree but I think the distinction of a valid point from a ""biased"" perspective applies."


From then on we've felt he was really pushy and rushing us to make a decision (we need to lock in a good rate, its a sellers market, it'll go fast, snooze loose, etc).  This is the first reason for walking away. I understand that all those factors might be true but my question is: How do I know we made a good offer? I'm going to be blunt, here: You don't. You work out ahead of time what you will pay (ignore the agent) and you make the offer on the basis of your own research, research you spent months undertaking. The listed price on the location is $375,000 and according to our agent similar units over the last few years had sold for that amount. So our agent suggested making an offer at market price.  According to the agent. I'm going to be blunt here, what do any of the real estate sites out there - that offer a wealth of information for free - indicate? If you don't know, then yet again you don't know if you made the right offer or not. Do some research now by yourself. I would be shocked if your offer was at the right level. Set your emotions aside - there are a gazillion houses out there.


"I'm surprised people don't bring this up more often....if you add together, not just our sovereign debt, but public and private debt, plus our contingent liabilities, meaning FHA, student loans, fannie mae, freddie mac, AIG, etc.  that totals over $100 TRILLION dollars, more than we could ever pay back, meaning literally there is no amount of growth and taxes that could ever pay this money back. (cite my sources do a google search of James Rickards Hopkins lecture it's in the first few minutes)  The reason you need to add all that together is because the economy can't grow if nobody has any money for investment, etc. (there isn't much home equity left after the housing crisis, retirement plans aren't holding as much, etc.) there wouldn't be an easy way to grow this economy, that's why we have ""currency wars"" competitive devaluations....to me we're already over the cliff I don't see us heading back, but I'm not saying that means we're going to collapse, just we'll need to go back to some sort of standard where our currency is backed by something (i.e. commodities or gold or something) and there are going to be A LOT of losses in the near term....meaning I want OUT of dollars....  combined with our lazy/entitled generation (don't tell me creating some website where you can order artistic candy on a stick is going to save our economy...we need to produce and innovate again to lower our trade deficit and so people actually bring their capital here), and dwindling resources I'd say it's already game over, the pieces just need to move into place"


The point of derivatives is to get rid of the risk you don't want so you can acquire exposure only to the risk you want. Who wants weather/temperature risk -- speculators. Who doesn't want that risk? Anyone who's core business is adversely affected by bad weather. It's the same reason multinational firms will hedge FX and interest rates. All a speculator is typically doing is taking the other side of the trade based on what they feel is the true price of the risk they are assuming


The money is still their money, it never becomes your money. The reason is as follows, The books now look like this:  YOU: Asset: Mattress Liability: 600   THEM: Asset: 600 Liability: Mattress  Now, in their books, they mistakenly thought the mattress was returned, and therefore they returned the mattress to you. The books now look like this  YOU: Asset: Mattress Liability: 600   THEM: Asset: Mattress (incorrect) Liability: 0  As you see, their books are wrong, but yours are still correct. According to your books, you owe them $600, which you paid, but then they paid you back. You still have the liability. Why not just depreciate the mattress by 50% over two years? Then there will be no liability on your books.


"There are a few major risks to doing something like that. First, you should never invest money you can't afford to lose. An emergency fund is money you can't afford to lose - by definition, you may need to have quick access to that money. If you determine that you need, for example, $3000 in emergency savings, that means that you need to have at least $3000 at all times - if you lose $500, then you now only have $2500 in emergency savings. Imagine what could've happened if you had invested your emergency savings during the 2008 crash, for example; you could easily have been in a position where you lost both your job and a good portion of your emergency savings at the same time, which is a terrible position to be in. If the car breaks down, you can't really say ""now's a bad time, wait until the stock market bounces back."" Second, with brokerage accounts, there may be a delay before you can actually access the money or transfer it to an account that you can actually withdraw cash from or write checks against (but some of this depends on the exact arrangement you have with your bank). This can be a problem if you're in a situation where you need immediate access to the money - if your furnace breaks in the middle of winter, you probably don't want to wait a few days for the sale and transfer to go through before you can have it fixed. Third, you can be forced to sell the investments at an unfavorable price because you're not sure when you're going to need it. You'd also likely incur trading fees and/or early withdrawal penalties when you tried to withdraw the money. Think about it this way: if you buy a bond that matures in 5 years, you're effectively betting that you won't have an emergency for the next 5 years. If you do, you'll have to either sell the bond or, if you're allowed to get the money back early, you'll likely forfeit a good amount of the interest you earned in the process (which kind of kills the point of buying the bond in the first place). Edit: As @Barmar pointed out in the comments, you may also have to pay taxes on the profits if you sell at a favorable price. In the U.S. at least, capital gains on stuff held for less than a year is taxed at your ordinary income tax rate and stuff held longer than a year is taxed at the long-term capital gains tax rate. So, if you hold the investment for less than a year, you're opening yourself up to the risks of short-term stock fluctuations as well as potential tax penalties, so if you put your emergency fund in stocks you're essentially betting that you won't have an emergency that year (which by definition you can't know). The purpose of an emergency fund is just that - to be an emergency fund. Its purpose isn't really to make money."


Don't think it would happen - at least not for the next 4-5 years - they just put a pretty significant investment into BAMTech to invest in building out stronger online offerings, and are presumably working on an ESPN ott (over-the-top) platform that's gonna roll out later this year (although we know how flimsy timelines are with major networks).  If the strategy doesn't work, or if Iger is hesitant to bet on switching to a more progressive technology (the future for cord-nevers, for sure) for the sake of appeasing shareholders, really the only turnaround strategy they have is the one they're pursuing currently - keep increasing carriage fees to cable/telecom providers so that they can continue to afford the rights they're stuck with for the next decade. If subscriber loss accelerates, or even continues at the current level they're at currently, ESPN won't be able to afford the cumulative rights fees by 2021, in which case we'll see what happens.


"Mathematically it's arbitrary - you could just as easily use the bid or the midpoint as the denominator, so long as you're consistent when comparing securities.  So there's not a fundamental reason to use the ask.  The best argument I can come up with is that most analysis is done from the buy side, so looking at liquidity costs (meaning how much does the value drop instantaneously purely because of the bid-ask spread) when you buy a security would be more relevant by using the ask (purchase price) as the basis. Meaning, if a stock has a bid-ask range of $95-$100, if you buy the stock at $100 (the ask), you immediately ""lose"" 5% (5/100) of its value since you can only sell it for $95."


If you know the market will crash, you could opt for going short. However, if you think this is too risky, not investing at all is probably your best move. In case of crises, correlation go up and almost all assets go down.


No, there is no minimum employee limit in order for a company to initiate an initial public offering.


"Idk I've worked at a tech startup and an ad agency that have these culture perks. There were certainly times here and there that you had to work late but really I wouldn't say it ever cut into work/life balance.   I was paid well, made great relationships, didn't feel over worked and still enjoyed these ""perks"".  Sounds like some people in this thread are jaded or just being taken advantage of."


I don't believe that $1 billion in profits claim for a second. Running trains at over 200 MPH is extremely expensive, so much so that only the Chinese have been willing to do it in regular service. Countries with more credible accounting practices invariably lose money on high speed rail, so there's pretty much no way the Chinese are raking in ten figures just on one route.


That's not the point of an entry level position.  [Why downvotes?  Do you all think people are ready to pop out 2 kids as soon as they graduate high school?  The point is to work entry level, gain skills, and move up the ladder.  You can't get to the top unless you step on the bottom rung first.]


"Wow. I have played on those cymbals, and I never knew the history behind it.  Talk about built to last.  EDIT: and the important lesson from this is  >Still, family businesses in the US tend to be criticised for not focusing on shareholders and quarterly profits. To a certain extent, the Zildjians say that's true.  >""That's one of the advantages of a privately-held business, whether it's a family business or not,"" says Craigie Zildjian. ""You're allowed to think long term. You don't have to play to the market."""


It looks like there's some confusion about the purchase price and reclaiming VAT. You should pay your supplier the total amount (£10 + VAT in this scenario, so £12) - look for this figure on the invoice or receipt. The supplier doesn't normally expect you to work this out for yourself, so I'd be a little surprised if it's not on there? As Dumbcoder's said, you'd then be able to claim the VAT back from HMRC if you were VAT registered. But seeing as you're not, then you don't need to worry about claiming it. And as for selling the product without VAT, you can (and probably should) increase the unit price to cover the extra cost, otherwise you'll be operating at a loss. Hope this helps!


Checks are on the way out. The liability for even sending someone a check is worrying. Banks really do not look at these things very closely before cashing them, it's insane. If you're defrauded you will usually get restitution but it can take a long time to get them to pay up.


They will pay, that's for sure. It's something common in many countries. Sometimes it is stolen money like Philipp said. Sometimes is money from mafia or terrorist groups that needs to be transferred so they use naive people whose profile wouldn't be suspicious if they get sums of money. They will look your past transactions to determine the amount of money they could transfer to you without alerting someone. Why? Because lets say you are a criminal. If you sell 10 kilos of cocaine, some bombs or girls for prostitution and receive the money lets say one million dollars in just one deposit in one bank account, someone will be knocking at your door very soon, it will be easy to prove the illegal source of the founds and you get nothing. If you have 25 guys working for you and they receive transfers and deposits of less amount frequently, from let's say 150 different accounts belonging to account holders with no criminal record. It is harder to be noticed and you could say they are legal activities (15000 a month received from entrepreneurs or 2500 from a housewife is not too much). It will be harder to prove that all the transactions come from illegal money and by the time it is proven usually the money has already gone somewhere else (by using another network of mules like your friend's). I don't know the laws where you are, but this is illegal in many countries. If you enter they won't let you out of the network, and when something goes wrong you will need to explain a lot.


the spite machine thinks capitalism determines the best price for society or whatever people think society should be.  People seem to be confused, without regulatory authority, if there's an extra dollar to be made, capitalism will go for it.  The same can be said of things such as letting 1000 people die or getting tax breaks. If they're economically equivelent choices, capitalism will just flip a coin.


According to the Colorado form CY104PN, Colorado taxes income earned while working in or being a resident of the State of Colorado. Assuming you never set foot in the State of Colorado, I read it as if you will only be liable to pay taxes in the State of New York (on all of your income, of course). You can get a more reliable opinion from a Colorado-licensed CPA.


"When I look at debt I try to think of myself as a corporation.  In life, you have a series of projects that you can undertake which may yield a positive net present value (for simplicity, let's define positive net present value as a project that yields more benefit than its cost). Let's say that one of the projects that you have is to build a factory to make clothing.  The factory will cost 1 million dollars and will generate revenue of 1.5 million dollars over the next year, afterwhich it wears out. Although you have the knowledge to build this wonderful factory, you don't have a million bucks laying around, so instead, you go borrow it from the bank.  The bank charges you 10% interest on the loan, which means that at the end of the year, the project has yielded a return of 400k. This is an extremely simplified example of what you call ""good"" debt.  It is good if you are taking the debt and purchasing something with a positive value. In reality, this should be how people should approach all purchases, even if they are with cash.  Everything that you buy is an investment in yourself - even entertainment and luxury items all could be seen as an investment in your happiness and relaxation.  If more people approached their finances in this way, people would have much more money to spend, William"


Yes it does. They are required to report all of those transactions to me before they happen.  I don't live a perfect life, in fact, far from it. But I sleep pretty good at night knowing that I'm at least doing this much.


O Music Recordings has a wide variety of pro audio recording equipment which includes recording microphones, mixers, recorders, headphones, amps, accessories & more. Get the guaranteed lowest prices, largest selection and free shipping on most Recording Equipment at Musician's friend. A recording is an element in O Music Recordings which can be connected to tracks on discharges. Each track should dependably be related with a solitary recording, yet a recording can be connected to any number of tracks. O Music Company many years of experience have provided us to gain contact with top levels artist.


"I can name far more non-real estate millionaires than those who are. That statistic isn't only not valid, it's not even close.  Update: The correct quote is ""90% of all Millionaires become so through owning Real Estate"" and it's attributed to Andrew Carnegie. Given that he was born in 1835, I can imagine that his statement was true at he time, but not today."


SECTION | CONTENT :--|:-- Title | Better Business Bureau 20/20 Investigation Description | Does Better Business Bureau Sell Its Grades? 20/20 Investigation Length | 0:08:43           ****   ^(I am a bot, this is an auto-generated reply | )^[Info](https://www.reddit.com/u/video_descriptionbot) ^| ^[Feedback](https://www.reddit.com/message/compose/?to=video_descriptionbot&subject=Feedback) ^| ^(Reply STOP to opt out permanently)


yup.  A related software services company anticipated this and have been migrating people to their own chat service for the last few years already by promising better features.  They have already won the battle.  I didn't want to use their service but now I am going to have to.  If I could I would put together an investor group to buy the AIM network and try to monetize it.  But I am sure trillian has already tried.  But if anyone else is down I'm down.  It can be monetized in my opinion.


You're not being over taxed, the withholding is just aggressive.  Employer's don't know your whole tax situation, all they can go on is the amount they pay you minus deductions then extrapolate that to an annual number and withhold according to your W4. You could ratchet up your W4 exemptions and this will help your current withholding.  When you do your taxes next April this will all shake out and you will likely receive a large refund.   It's also worth noting that your federal withholding, given the numbers above, is just about 19% not 27%; which does match the federal tax table if your annual income was $72,000 as your semi-monthly paycheck indicates.  That should be closer to 14% at an annual income of $36,000.  The medicare related taxes are flat amounts.  So really you're talking about an approximately 5% discrepancy on the $18,000 you'll earn during this internship; or about $900. If you feel like you're being overtaxed, welcome to paying taxes.


Car Rental From Pendle hill - Corporate Car Hire - Car Hire In Sydney  elite rental is proud to offer the best car rental from pendle hill,corporate car hire,car hire in sydney, not just by providing great prices, but also by offering additional services that provide you with added value each time you rent from Elite. Rental.


Yes I do. I think it's irresponsible to not pay back your debt. Your response was the definition of millennial entitlement and why so many of you are socialists (think it's moral to steal from someone else).  Why is it responsible to take out a huge amount of debt and cross your fingers you get a job with a degree in gender studies?  Even if they did get a good major/school - what if they didn't work hard to network or add experience?  And even if they did get a job - what if they spent it all at the bar instead of living cheap and paying off the loan?  Why do they get a break and I don't for being responsible and living cheap?


In a sole proprietorship AND an LLC, the expenses can still be deducted against the profits or losses from the operations. The IRS does not even require that a profit seeking activity be incorporated under its own entity, hence why this is also applicable in a sole proprietorship. From what you've said, there is no reason to use a more complicated and costly corporate structure at all. In comparison, a sole proprietorship and single-member LLC will be completely pass through entities to the IRS and all of their earnings go to you. With the LLC you have the option of letting the LLC's earnings remain with the entity itself, or you can just treat it as your own and pay individual income taxes on it. This has nothing to do specifically with a gambling business and is largely a red herring to your profit seeking motives. Gambling in casino games and lotteries already enjoy favorable tax treatment in some regards. Gambling in capital markets also enjoy a myriad of favorable tax laws. A business entity related to this purpose should be able to deduct costs related to this trade (and pass an audit more convincingly than not having formed an LLC and business bank account)


I'd try to (gently) point out to your husband that what he thinks he wants to do now and what he might want to do in 20 or 30 years are not necessarily the same thing. When I was 40 I was thinking that I would work until I died. Now I'm 58 and have health problems and I'm counting down the days until I can retire. Even if your husband is absolutely certain that he will not change his mind about retiring in the next 20+ years, maybe something will happen that puts things beyond his control. Like medical problems, or simply getting too old to be able to work. Is he sure that he will be able to continue to put in 40 hour weeks when he's 80? 90? 100? Just because you put money away for retirement doesn't mean that you are required to retire. If you put money away, and when the time comes you don't want to retire, great! Now you can collect the profits on your investments in addition to collecting your salary and live very well. Or have a nice nest egg to leave to your children. Putting money away for retirement gives you options. Retirement doesn't necessarily mean sitting around the house doing nothing until you waste away and die of boredom. My parents were busier after they retired then when they were working. They spent a lot of time on charity work, visiting people in the hospital, working with their church, that sort of thing. Some people start businesses. As they have retirement income coming in, they don't have to worry about the business earning enough to provide a living, so they can do something they want to do because they think it's fun or contributes to society or whatever. Etc.


I too bought a car on eBay in 2002 . I flew to Georgia from Ohio to pick it up. It was an awesome experience and the car was a great car for me I loved it ! The whole experience was perfect.  I Would never do that now!


Yes, you can blame the consumer, and that's fair. But the question is, are our labelling laws pretty good? And the answer is no, especially when conpared to comparably affluent countries. Not. At. All.   What I described is an intentionally created loophole used to mislead the consumer. It's ridiculous.


Anarchy is an absence (or nonrecognition) of all governing authority .... I certainly don't (and didn't) confuse that with capitalism.   But capitalism is control of trade and industry by private entities rather than by government - attempting to guide the economy at large to a specific outcome through government regulation is at odds with capitalism.   However, we obviously have never had a purely capitalist system, and I don't see that changing anytime soon.


"~~Not only would it be illegal, but~~ the $10k doesn't even sound like it would be a ""bonus"" of any sort for doing so. From the article:  > If a restaurant opts in, it'll get a $10,000 gift from Visa (V) **to help pay for technology upgrades**, the company said.  Emphasis is mine.  ---  **Edit ::** I was curious about this, so I started doing a little reading-up on businesses not accepting cash. It turns out that it **is legal** to refuse cash, but only if there is no debt to pay. If you get your product first, then there's a debt to pay, and the business must accept cash. If the customer pays first, then there's *no* debt to pay (the customer is already paid up), so the business *does not* have to accept cash.  Link for the info: https://u.osu.edu/zagorsky.1/2016/08/05/do-businesses-have-to-accept-cash/  There are plenty of additional articles that talk about it, but I opted to link this one as it's a recent article by an economic researcher at a university. I figured that, if I'm going to link something, a primary source is probably better than a news agency reporting on it.  It's kind of interesting, really, and I wonder how it would work in a place such as a restaurant. You typically get your food first, and pay later. This creates a scenario where the customer is in debt to the restaurant, so the restaurant would theoretically have to accept cash. However, if you pay first, *then* get your food, you don't have an outstanding debt, and thus the restaurant doesn't have to accept cash.  Looking at the article again about Visa's offer, two of the types of groups it mentions are cafes and food trucks, which typically require you to pay before you get your food. This would mean that the customer isn't in debt to the service, and thus cash can be refused.  How that would work out at a restaurant is another question entirely, as the vast majority of the American restaurant-goers expect to pay *after* they eat. This may be why the article specifically mentions *small business* restaurants. A local mom'n'pop restaurant is going to have a much easier time going cashless than a national chain would (and the $10k would do more for them to update their systems than it would for the national chain). Additionally, people might be more willing to accept the different practices at a mom'n'pop restaurant than they would at a nation-wide chain.  Definitely an interesting bit of reading, and a fun bit of learning!"


“The Nobel Prize winner argues that an economy dominated by large corporations has failed the many and enriched the few.” We need to apply that thesis to the current duopoly in our political system.  Having two extreme parties, with the number of “safe” seats in the Congress and the Senate far outweighing those in swing states or districts, means that the two national political parties dictate our political discourse.  For those safe seats, the parties also essentially anoint representatives and senators, with the elections being a mere formality. Term limits would help, or at least change the current dynamic, as would barring former representatives and senators from lobbying for five years.  Finally, making Congress subject to the laws it passes would also help. But the parties will never agree to modify the current system; both parties benefit too much from it.


Maybe tell them you also have projects you're bidding in the US and to link you up with the highest volume distributors in US?  Then buy in US and import yourself? Don't tell the us distributors your plan because they wouldn't want to step on toes of other distributors.


A better idea if applicable is to borrow 50K (max allowed) to buy a house and pay interest to yourself instead of a bank. And none of that origination and closing fees lost to the lender


"Funny you mention that. I actually prefer Vons food delivery over Amazon Fresh, mostly because of selection options... Amazon Fresh is great if you want boutique food items like organic happy meats and free range ketchup, but I'm not interested in a 200 dollar grocery bill for 12 items, even if they're supposedly superhomeopathic foodstuffs.  This may change now with the purchase of Whole Foods, although I'm not going to hold my breath... There's a reason why the chain has the nickname ""Whole Paycheck"" after all."


>Russia, America, Canada, China. Those are the easy ones off the top of my head.  **Russia?** Lol. Are you serious? **America?** Not a country. **China?** Nope. You been listening to Trump too much. http://fm.cnbc.com/applications/cnbc.com/resources/editorialfiles/charts/2017/06/1498096935_Capture.JPG **Canada?** 1 percent import tariff? Again you must be joking. Tax subsidy is not same as protectionism.   **And Russia?** Again, are you joking? or you been drinking Putin Trump coolaid too much?   >Want more examples?   More examples of what? Poor as hell countries? or countries not under protectionism.  >... So you're saying they're hunting dogs and pigeons in the streets because of phones? You're saying they're desperate and starving because of phones?  How many logical fallacies are you trying with that statement. Including Trumpers favorite cognitive dissonance.  Point was they are desperate and starving cause of stupidity of government and people to think protectionism was ever good. Imagine our economic growth if phones costed ~$2K. Welcome to Argentina with their protectionism.  Argentina GDP per capita [+] 2016 12,432$  US 57,436$ 2016 GDP per capita [+]


Grocery delivery in the U.K. has been a fairly successful thing for some time and most supermarkets offer this service. I guess the short distances involved makes it easier to operate, typically groceries on offer are the same as in the store and at the same prices, you just pay for it to be delivered in a refrigerated truck. Items are usually picked in the store although some distribute from a central warehouse so perhaps either could be utilised by Amazon, either to addresses nearby a Whole Foods retail store or sell some products from a delivery hub.


"The pros and cons of investing in a closed end fund both stem from the fact that the price per share is likely to differ from the net asset value (NAV) of the underlying assets. That could work to your advantage if the fund is selling for LESS than NAV, or at a discount. Then you get the ""benefit of the bargain"" and hope to sell the shares in the future for ""par"" or even a premium (MORE than NAV). On the other hand, if you buy such a fund at a premium, you stand to have a RELATIVE loss if the value of the fund goes back to par (or a discount) compared to NAV. That's because a closed end fund has a FIXED number of shares, with the assets continually being reinvested. In essence, you are ""buying out"" an existing shareholder of the fund at a price determined by supply and demand. This differs from an OPEN end fund, in which your contribution creates NEW shares (all other things being equal). Then the fund, has to invest YOUR money (and charges you a fee for the service) on exactly a pro rata basis with other investors in the fund, meaning that you will enter and exit such a fund at ""par."" In either case, your return depends mainly on the performance of the underlying assets. But there are premium/discount issues for investing in a closed end fund."


Thanks for your reply. I had heard of utilitarian principles used to justify slavery and felt like a dick so I spent some time on Wikipedia familiarizing myself with it before replying.  Following quotes are from Wikipedia, unless stated otherwise  Link - https://en.wikipedia.org/wiki/Utilitarianism > Utilitarianism is a theory in normative ethics holding that the proper course of action is the one that maximizes overall happiness.  Sounds reasonable  Seems there are two schools of thought   >Act utilitarianism maintains that an action is right if it maximises utility;  >rule utilitarianism maintains that an action is right if it conforms to a rule that maximises utility.  It is something that has been criticized by both Karl Marx as well as Pope John Paul II so it can't be all bad :)  >Act and rule utilitarians differ in how they treat human rights themselves. Under rule utilitarianism, a human right can easily be considered a moral rule. Act utilitarians, on the other hand, do not accept human rights as moral principles in and of themselves, but that does not mean that they reject them altogether: first, most act utilitarians, as explained above, would agree that acts such as enslavement and genocide always cause great unhappiness and very little happiness; second, human rights could be considered rules of thumb so that, although torture might be acceptable under some circumstances, as a rule it is immoral; and, finally, act utilitarians often support human rights in a legal sense because utilitarians support laws that cause more good than harm.  I think the above means I would be ~~an act~~ a rule utilitarian, if I was one.  However, the page linked to something else which is what I use in my decisions, most of the time -  https://en.wikipedia.org/wiki/Decision_theory  >Decision theory in economics, psychology, philosophy, mathematics, and statistics is concerned with identifying the values, uncertainties and other issues relevant in a given decision, its rationality, and the resulting optimal decision. It is closely related to the field of game theory as to interactions of agents with at least partially conflicting interests whose decisions affect each other.  However, you brought up an excellent point. If every relation is reduced to a balance sheet, the world would be a sad place indeed. I will think more deeply about the moral consequences of my thinking, especially on the topic of healthcare since obviously, I have not thought enough.  Your comment deeply appreciated.


This security looks like it will require patience for it to pay off. The 200 day moving average looks as if it will soon cross over the 20 day moving average. When that happens the security can be said to be in a bull run.  http://stockcharts.com/h-sc/ui?s=UWTI&p=D&yr=1&mn=6&dy=0&id=p10888728027 However, this is just speculation... trying to make money via 'buy low, sell high' as I have stated previously, you have about a 25% chance of buying at the low and selling at the high. Better to buy into a fund that pays dividends and reinvest those dividends. Such as: http://www.dividend.com/dividend-stocks/uncategorized/other/pgf-invesco-powershares-financial-preferred-portfolio/ http://stockcharts.com/h-sc/ui?s=PGF&p=D&yr=1&mn=6&dy=0&id=p59773821284


I'm not the guy you're responding to, but you asked a good question. There's a dearth of data, but [about 1% is the estimate.] (http://www.businessinsurance.com/article/20110814/NEWS03/308149986#)  Either way, having increased young adults on an insurance plan is a good thing. Socially, this demographic is exceptionally stinging from the Great Recession and I think the ability to give young adults health insurance (and thus the freedom to start developing a career without worrying about health coverage) outweighs the nominal additional premium costs. Fiscally, having young adults in a group plan decreases the risk profile of that plan since young adults don't incur the same expenses that a 45 or 50 year old would.


Right you **don't** ever want to use that account for your traditional 401k rollovers.  Realistically, you could *probably* still have it reclassified as a traditional IRA and roll your traditional 401ks into it, which was basically your original idea except none of the funds would be Roth; but if you see yourself ever potentially contributing to a Roth IRA going forward (which makes all the more sense if you have only traditional 401k funds in your retirement portfolio so far), there's nothing *wrong* with having both types of IRA at the same time.  But no, don't cross the streams!  :)


Apple was named after a piece of fruit Yahoo! Was named after rednecks Google is named after something nobody has ever heard of Amazon has nothing to do with a jungle   Just pick a name. It doesn't matter. If you're successful, people will know how to find you.


It's pretty simple.  - Increase banks ability to lend for...    a. mortgages    b. Small businesses  Banks have tremendous quantities of cash trapped on their balance sheets that should be deployed into the economy where it generates growth, jobs, and strengthens the middle class.   - improve infrastructure   Our infrastructure is in disrepair and improving it will generate growth and something to show for the massive debt load we've accumulated for our nation.   - repatriation holiday This capital needs to be working in our economy. - Increase taxes  The massive flood of liquidity we've seen from the FED, what we should be seeing released from banks, and then what we should see from corporations repatriating cash will need to move through the economy and and going to work. Then, taxed; reducing deficits and eventually liquidity. - raise interest rates  In that order.   Capital moves through the market at different rates and paces. I'm usually for lower taxes, but it isn't always the solution.   Lower taxes, reduced regulation, and low interest rates are all different ways of increasing liquidity, but should be increased/reduced at different parts of the economic cycle.   Dimon is right about Washington. This is bullshit.


Meh...I have run out of things that I really need. I already have a TV that works fine. I'm not buying some kind of 'Echo' spyware microphone for my home, etc. Unless they are literally giving things away, I don't see the big deal.


>  We have one coal plant in Oregon and the other power comes from renewable sources such as water and air.   [On a per population basis, we actually have you beat in terms of coal power generation.](http://en.wikipedia.org/wiki/List_of_power_stations_in_California)  In fact, the one coal station Oregon has has almost twice the MW output as all seven of California's *combined*


If corporations are really people, then they should get the death penalty. Fuck everything about this company. Their negligence caused a data breach that compromised the financial security of our entire country. That's treason in my book. We are going to feel the effects of this for years to come so they better go down for this.


You're charging service fees as a conduit entity for these tickets. While the service fee is not a fixed rate, but a percentage, you would need to record each purchase at dollar amount. To illustrate, it would look like:   Now, to your question:  How do I report this on my taxes? You would first start out by filing your Schedule C from the eyes of the business (the money you earn at your job, and the money you earn as a business are different). Just keep a general journal with the above entry for each sale and close them down to a simple balance sheet and income statement and you should be fine. Of course, read the instructions for your Schedule C before you begin.  As always, good luck.


"(I'm expanding on what @BrenBarn had added to his answer.) The assumption of ""same tax bracket in retirement"" is convenient, but simplistic. If you are in, for instance, the second-lowest bracket now, and happen to remain in the second-lowest bracket for retirement, then Roth and traditional account options may seem equal — and your math backs that up, on the surface — but that's making an implicit assumption that tax rates will be constant. Yet, tax brackets and rates can change. And they do. The proof. i.e. Your ""15% bracket"" could become, say, the ""17% bracket"" (or, perhaps, the ""13% bracket"") All the while you might remain in the second-lowest bracket. So, given the potential for fluctuating tax rates, it's easy to see that there can be a case where a traditional tax-deferred account can yield more after-tax income than a Roth post-tax account, even if you remain in the same bracket: When your tax bracket's tax rate declines. So, don't just consider what bracket you expect to be in. Consider also whether you expect tax rates to go up, down, or remain the same. For twenty-something young folk, retirement is a long way away (~40 years) and I think in that time frame it is far more likely that the tax brackets won't have the same underlying tax rates that they have now. Of course, we can't know for sure which direction tax rates will head in, but an educated guess can help. Is your government deep in debt, or flush with extra cash? On the other hand, if you don't feel comfortable making predictions, much better than simply assuming ""brackets and rates will stay the same as now, so it doesn't matter"" is to instead hedge your bets: save some of your retirement money in a Roth-style account, and some in a traditional pre-tax account. Consider it tax diversification. See also my answer at this older but related question:"


In fairness, questions from Monday also have a much greater window to be answered.  I agree with the fuckboy, but to be quite honest I also think the regular users are pretty good at surveying for new comments and answering, so it probably wouldn't make much difference.


Actually, lab grown meat will be cheaper and more plentiful.  To have a cow pregnant, birth, raising the calf, feeding it, cleaning it, butchering it, etc is MUCH MORE COSTLY than meat grown continuously in a clean lab with no disease, butchering, feeding, etc.  Actually cows, sheep and goat are a HUUUUGGGGE factor in global warming.


Realization is, literally, when something is made real. For example, let's say that you own some stock.  You bought the stock for $1000, and after many years the stock is worth $10,000.  Your investment has gained $9,000.  However, you don't actually have this $10,000; you just own stock that is supposedly worth $10,000 on paper.  Tomorrow, the value of the stock could plummet and only be worth $8,000.  But if you sell your stock today and obtain this $10,000, the gain has now become real.  You have realized a $9,000 gain. In investing, realization of a gain or loss occurs when an asset that you own has been sold for more or less than what you purchased it for.  Before the asset is sold, you only have a theoretical gain or loss based on what you might receive if you sold the asset today.  And tomorrow, that theoretical gain or loss could change.


Looking for trusted SEO Consultant in Florida? Christian Ventures is best seo company in Florida provide delivering the highest impact SEO and corporate branding strategies to our clients with a proven record for Increasing Sales. For more information call us on (727) 906 2943.


Thanks again for this enlighting reply.  It really opened my mind to read about this FTP'ing thing, I wonder if some    factories forceclosure, quite a lot lately in France,  weren't directly tied to this kind of boggus bad results from this kind of financial scheme...


My one beef with this article is that the author seems quite sympathetic to the company, and does little to acknowledge the actual harm done to the plaintiff (apart from the factual description of his claim). Nonetheless,  I thought this was worth sharing, and I'll highlight this part from near the bottom:  > Although the Minnesota statute at issue in Vaidyanathan is unique, other similar causes of action, such as common law fraud and negligent representation, are available throughout the country, meaning that any employee or applicant can bring a lawsuit against an employer claiming that the employer made misrepresentations about the material terms or conditions of employment and/or fraudulently induced the individual to accept the position.


Thank you hyper333active for voting on autotldr.    This bot wants to find the best and worst bots on Reddit. [You can view results here](https://goodbot-badbot.herokuapp.com/).     ***    ^^Even ^^if ^^I ^^don't ^^reply ^^to ^^your ^^comment, ^^I'm ^^still ^^listening ^^for ^^votes. ^^Check ^^the ^^webpage ^^to ^^see ^^if ^^your ^^vote ^^registered!


This More or Less podcast has a fantastic section on executive pay in the US and UK. With some economists whose research determined that there is basically no relation between remuneration and performance.  In Germany, Switzerland etc where there are different rules and factors there is less overall executive pay and it is far more tied to performance.   http://downloads.bbc.co.uk/podcasts/radio4/moreorless/moreorless_20120511-1640a.mp3


From The Prospectus for VTIVX;  as compared to the Total Stock Market Fund;  You can see how the Target date fund is a 'pass through' type of expense. It's not an adder. That's how I read this.


"I recommend a Roth IRA. At your age you could turn 25K into a million and never pay taxes on these earnings. Of course there are yearly limits (5.5k) on the amount your can contribute to a Roth IRA account. If you haven't filed your taxes this year yet ... you can contribute 5.5K for last year and 5.5K for this year.  Open two accounts at a discount brokerage firm. Trades should be about $10 or less per. Account one ... Roth IRA. Account two a brokerage account  for the excess funds that can't be placed in the Roth IRA. Each year it will be easy transfer money into the Roth from this account. Be aware that you can't transfer stocks from brokerage acct to Roth IRA ... only cash. You can sell some stocks in brokerage and turn that into cash to transfer. This means settling up with the IRS on any gains/losses on that sale. Given your situation you'd likely have new cash to bring to table for the Roth IRA anyway. Invest in stocks and hold them for the long term. Do a google search for ""motley fool stock advisor"" and join. This is a premium service that picks two stocks to invest in each month. Invest small amounts (say $750) in each stock that they say you should buy. They will also tell you when to sell. They also give insights into why they selected the stock and why they are selling (aka learning experience).  They pick quality companies. So if the economy is down you will still own a quality company that will make it through the storm. Avoid the temptation to load up on one stock. Follow the small amount rule mentioned above per stock. Good luck, and get in the market."


That's one kind of tune. A more common one are in cars with different driving modes. Such as sport, sport+, rain, off road etc.    These modes adjust air fuel, retard timing, adjust throttle response, along with transmission shift points and sensitivity. All controlled with a button inside the car.


"You say ""minimum wage was never meant to be enough to live off from[sic]"".  I link a quote from the guy who started minimum wage, and you change the topic.  Nice deflection, but you're still wrong.  We're not arguing if it works or not, you started off arguing intention."


As far as Driving Schools in Roxburgh Park are concerned, we at HOGGS Driving School are one of the best out there, not to mention the fact that we have a very large list of varied services in store for you. Do give us a call at the very earliest.                    Address: 112 Royal Terrace, Craigieburn, Victoria 3064,   Ph.no: 0416 243 024


In month 9 you still owe $7,954.25. You need to pay that, plus the $250. At that line, you haven't made the payment, the rest of the line with next month's payment due. So you haven't paid the $242.47 in col 4.


AAA Tour Costa Rica is a premier travel and tour organizer in Costa Rica providing an amazing, affordable and adventurous tour packages. We are a registered and licensed travel business in Costa Rica and our vacation tour includes visits to stunning locations like the gorgeous beaches on Pacific and the Caribbean coasts, rain forest and cloud forest, relax in natural hot springs, adventure tour like Zip lines or canopy tour, rafting, rappelling, horseback riding, or do a fun tour on ATVs by Arenal volcano or through palm plantations near Manuel Antonio, and horseback riding.  http://tucando.com/Costa+Rica/Alajuela/San+Carlos/AAA+Tours


Dan - there are other choices. What rate do you have on this mortgage? And what is the value of the home? With a bit of patience and effort, you may be able to lower your rate and save some portion of that $100k you think you can grab.  There is no factual answer here. The negative will show for 7 years, and only you can determine whether that's worth it. If in that time the value comes back you may very well be in a worse position, looking to buy a new home that's now well above where it is today. It's possible the current prices are overshooting on the downside, if unemployment drops and consumer confidence returns, you may be back to break-even sooner than you think. As an aside, I find it curious that the Trumps of this world can manipulate the system, creating multiple entities, filing for bankruptcy, yet protecting his own assets, and his wealth is applauded. Yet, asking the question here so many attack you, verbally. The Donald has saved himself billions through his dealings, I don't judge you for asking this question when it comes to $100k. When Trump's net worth was negative, he should have had his property taken away, and been handed a broom.


Are you looking buyers for cash to sell your property? If the answer is affirmative, then it is a good option to seek house buyers in Florida. If you choose GHarveyBuysHouses, then it's a promise that We Buy Any House with successful buying transactions and these transactions are best handled by the full support team.


While your stat about the income brackets is correct, the results in those upper brackets was a win by 2%.  Where you go off the rails is in regard to education.  It's Trump who won the uneducated vote and Hillary that won the educated vote.  It has been a problem with the news media to conflate education and wage ... but you seem to be doing it too.  The results are:  http://www.businessinsider.com/exit-polls-who-voted-for-trump-clinton-2016-11/#by-income-clinton-led-only-among-voters-with-a-2015-family-income-under-50000-a-group-that-included-36-of-the-voters-in-the-exit-polls-4


All the guidelines in the world won't help after the fact. We've just fielded a similar question, How big of a mortgage can I realistically afford? The reality is this - the numbers are all based on averages, and on what banks have determined safe ratios to be. Those ratios don't know if you are single or a couple with no children, or have 4 kids. They don't know if you like to take 2 exotic vacations a year, or stay home and build furniture for the grandkids.  To get to the point - Once you're in the house and are paying the mortgage, only you know how your budget is doing. If you love the house and don't mind paying XX% of income to live in that house/location, then it can be right for you.


You say that like there is something special that binds workers together. The fact that we all work isn't an obligation to support other people who work, especially when they are arguing without a leg to stand on. It's every man for himself in this world, or at least working towards common goals with people who have more in common than the fact that they are also labor.


The definition of a whitepaper varies heavily from industry to industry, which can be a little confusing for marketers looking to create one for their business. The old school definition comes from politics, where it means a legislative document explaining and supporting a particular political solution.  In tech, a whitepaper usually describes a theory behind a new piece of technology. Even in the business world, there are a variety of definitions -- some more product-centric than others.  A whitepaper is a persuasive, authoritative, in-depth report on a specific topic that presents a problem and provides a solution.  In information technology, a white paper is often a paper written by a lead product designer to explain the philosophy and operation of a product in a marketplace or technology context.  Here is [White paper explained in detail](https://whatis.ciowhitepapersreview.com/definition/Whitepaper/) . I recommend to create account for ciowhitepapersreview.com, they will not send any promotional emails instead you can log in and download as many white papers as you want. Tradepub is also a good option to read latest white papers though it taks a lot of time to download from their website.


"n1. go to tradeworx.com and you can read some papers.  2. Revenues of hft have gone down substantially. About 15 years ago the total market was around 7 billion, it has dropped to 1 billion this year.  3. ""no goods or valuable services are produced.- That is false. hft provides liquidity and low spreads. There is a reason why you can buy or sell a share of a stock and the spread is 1 penny. One of the main reasons to go public is to have the secondary market liquid.   There is a reason you can instantly sell or buy a stock... Do you realize you used to have to actually call your broker and he had to negotiate an order on the floor? hft makes the markets more efficient. The average person can sign up an online acct and trade/invest for basically nothing. Why do you think that is?  finally who are you to say how I can or can not allocate my money. If I develop my own strategy that trades every second why can't I?"


It's the percent of your gross income put into savings. You make 60000/year, and save 6000, that's 10%.  You can certainly say that you paid 10000 in tax so you really saved 6000/50000, or 12%, if that will make you feel better, but the saving rate is typically based on gross income.


As others have said getting on a written budget before each month starts is the most important part. Also, I'm a big fan of cash budgets as well. They aren't for everyone and they take a little getting used to, but once you get used to them you'll never want to go back.  In a cash budget you take whatever you have budgeted for the month for each category and withdraw the amount needed from the bank. These go into an envelope for each category, i.e. food, clothes, entertainment, etc. If a 3 weeks into the month you run out of money in that envelope you are done spending money in that category. For example, if it's the food envelope and you run out it's time for you to start eating leftovers and whatever you've got in the pantry. You lose out on advantages like points gained on credit cards and whatnot but statistically people that spend cash spend much less overall and you get some enforced self control that you otherwise might not have.


"#####&#009;  ######&#009;  ####&#009;  [**Starve the beast**](https://en.wikipedia.org/wiki/Starve%20the%20beast): [](#sfw)   ---  >  >""__Starving the beast__"" is a political strategy employed by [American conservatives](https://en.wikipedia.org/wiki/American_conservatism) in order to limit [government spending](https://en.wikipedia.org/wiki/Government_spending)    by [cutting taxes](https://en.wikipedia.org/wiki/Tax_cut) in order to deprive the government of revenue in a deliberate effort to force the federal government to reduce spending.  >The term ""the beast"" in this context refers to [the United States Federal Government](https://en.wikipedia.org/wiki/U.S._government) and the programs it funds, using mainly American tax payer dollars, particularly social programs  such as [education](https://en.wikipedia.org/wiki/Public_education_in_the_United_States), [welfare](https://en.wikipedia.org/wiki/Welfare_(financial_aid\)), [Social Security](https://en.wikipedia.org/wiki/Social_Security_(United_States\)), [Medicare](https://en.wikipedia.org/wiki/Medicare_(United_States\)), and [Medicaid](https://en.wikipedia.org/wiki/Medicaid).   >On July 14, 1978, economist [Alan Greenspan](https://en.wikipedia.org/wiki/Alan_Greenspan) gave testimony to the U.S. Finance Committee: ""Let us remember that the basic purpose of any tax cut program in today's environment is to reduce the momentum of expenditure growth by restraining the amount of revenue available and trust that there is a political limit to [deficit spending](https://en.wikipedia.org/wiki/Deficit_spending).""   >====  >[**Image**](https://i.imgur.com/9Mngpro.jpg) [^(i)](https://commons.wikimedia.org/wiki/File:Ronald_Reagan_televised_address_from_the_Oval_Office,_outlining_plan_for_Tax_Reduction_Legislation_July_1981.jpg) - *Ronald Reagan gives a televised address from the Oval Office, outlining his plan for tax reductions in July 1981*  ---  ^Interesting: [^Lee ^Atwater](https://en.wikipedia.org/wiki/Lee_Atwater) ^| [^Tax ^cut](https://en.wikipedia.org/wiki/Tax_cut) ^| [^Grover ^Norquist](https://en.wikipedia.org/wiki/Grover_Norquist) ^| [^History ^of ^the ^United ^States ^public ^debt](https://en.wikipedia.org/wiki/History_of_the_United_States_public_debt)   ^Parent ^commenter ^can [^toggle ^NSFW](http://www.np.reddit.com/message/compose?to=autowikibot&subject=AutoWikibot NSFW toggle&message=%2Btoggle-nsfw+cjk42oq) ^or[](#or) [^delete](http://www.np.reddit.com/message/compose?to=autowikibot&subject=AutoWikibot Deletion&message=%2Bdelete+cjk42oq)^. ^Will ^also ^delete ^on ^comment ^score ^of ^-1 ^or ^less. ^| [^(FAQs)](http://www.np.reddit.com/r/autowikibot/wiki/index) ^| [^Mods](http://www.np.reddit.com/r/autowikibot/comments/1x013o/for_moderators_switches_commands_and_css/) ^| [^Magic ^Words](http://www.np.reddit.com/r/autowikibot/comments/1ux484/ask_wikibot/)"