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November 13, 2011 at 9:44 PM in reply to: CA Revenue comes in 6.5% lower than expected (and some common sense solutions) #732870November 13, 2011 at 9:17 PM in reply to: CA Revenue comes in 6.5% lower than expected (and some common sense solutions) #732868
an
Participant[quote=patb]why not legalize and tax marijuana[/quote]
Exactly, why not? I’m all for legalizing them all.November 13, 2011 at 7:49 PM in reply to: CA Revenue comes in 6.5% lower than expected (and some common sense solutions) #732865Participant[quote=utcsox]Just want to point out the level of hypocrisy that EconProf exhibit is very typical among the so-called conservative, free market folks. And to see the same idealogues come out and somehow justify this type of behavior is utterly disgusting. Too bad we can’t test if you are intellectual dishonest and morally bankrupt in a test. End rant.[/quote]
I see plenty of hypocrisies with environmentalists too, especially those who drive cars and live in large houses.November 13, 2011 at 7:47 PM in reply to: CA Revenue comes in 6.5% lower than expected (and some common sense solutions) #732864Participant[quote=DomoArigato]That’s probably because you only hang out with right-wingers. The right-wing has somehow come to equate greed with patriotism.
The liberals that I hang out with give generously of their time and money to causes they believe in. Liberals believe in old-fashioned patriotism which involves sacrificing for one’s country.[/quote]
I know and talk to various different political affiliation. Greed runs deep in all type. BTW, I didn’t mention anything about patriotism. Greed is part of human nature, just like lust, compassion, hate, etc.Since you brought up generosity, here are some data for you to digest: http://taxprof.typepad.com/taxprof_blog/2005/11/generosity_inde.html
http://www.realclearpolitics.com/articles/2006/12/who_gives_to_charity.html
http://www.realclearpolitics.com/articles/2008/03/conservatives_more_liberal_giv.htmlTalking about sacrificing for one’s country, I thought the majority of military personnel vote Republican? Here’s the definition of patriotism: devoted love, support, and defense of one’s country; national loyalty. According to this definition, sounds like military personnel are the most patriotic.
So, why are you working for those greedy 1% vs working for the people and getting paid less? Sounds pretty hypocritical to me.
November 13, 2011 at 4:33 PM in reply to: CA Revenue comes in 6.5% lower than expected (and some common sense solutions) #732861Participant[quote=DomoArigato]Of course I hate the finance industry. Every right-thinking, patriotic American hates the finance industry.
I keep all my 401(k) money in a passively-managed index fund which minimizes the amount of my money that goes to the finance industry. I use credit unions, not banks. I donate to OccupyWallStreet as well as media organizations like the Real News Network which help to expose crimes committed by those in the finance industry. I’m not working for the government because I believe I can make more in private industry.
If every American did what I do, Government Sachs, JP Morgan, Bank of America, and all of the other TBTF organizations would not exist.
My actions are consistent with my words and beliefs. Contrast my actions and words with those of EconProf who continues to accept his monthly pension checks while fighting to eliminate government pensions for current government employees. EconProf’s actions are not consistent with his words. If he were truly concerned about the California government deficit, he would reject his pension so as to help reduce the California state deficit.[/quote]
As you just stated, passively-managed index fund does own stocks of financial industry. So, you’re feeding the beast.You donate to OWS, which mean you’re against the 1%, right? Aren’t you working for the 1%? Aren’t you contributing to making that 1% richer?
AFAIK, we all operate under certain level of hypocrisy. Different people live under different level of hypocrisy, but to say you’re living free of hypocrisy is a very tall order and is quite hard to believe. I don’t know if anyone that’s righteous enough to give up free money. A long the same line of Buffett asking to be taxed more, but then go around and taking all sort of deduction and not sending him more of his money to the IRS.
November 13, 2011 at 2:43 PM in reply to: CA Revenue comes in 6.5% lower than expected (and some common sense solutions) #732849Participant[quote=DomoArigato][quote=AN]To all who call EconProf a hypocrite, how many of you have 401(k)/IRA/etc., own a home, profited from the many bubbles/busts?[/quote]
I have a 401(k). What is your point?[/quote]
Do you hate the financial industry? Why aren’t you working for the government and get those pensions?November 13, 2011 at 12:26 PM in reply to: CA Revenue comes in 6.5% lower than expected (and some common sense solutions) #732836ParticipantTo all who call EconProf a hypocrite, how many of you have 401(k)/IRA/etc., own a home, profited from the many bubbles/busts?
ParticipantBG, if you never called him names, good for you. I don’t like ANY short sale. I believe people should either foreclose or stick with the contract. I don’t like loan mod either. But I try to not get on my high horse. It’s your prerogative to judge him however you see fit. I was just saying it amazes me how vile people can be. Another saying I try to live by is, “if you don’t have anything nice to say, don’t say anything at all”. Sometimes I fail to live up to it, but I do try. I also believe in karma and “what goes around, comes around”.
ParticipantBG, again, “Let he who is without sin cast the first stone”. Sure you can “have a problem” with these type of situation. Everyone is entitled to their own opinion. I have a problem with a lot of things, but I don’t go around and make personal attacks on people, especially when that person is not around to defend themselves. Also, you only know the details he revealed. Is that all the details? I don’t know, do you?
Participant[quote=walterwhite]The Bible doesn’t say anything about second and subsequent stones being thrown, even assuming ghe first stone was wrongfully thrown. Let he who is without sin throw the first stone, and, if the first stone is thrown contrary to this rule, let no subsequent stones be thrown.
Not sure if that covers it.[/quote]
No it doesn’t, but then you can’t have a 2nd stone if you don’t have a 1st. Karma will get you sooner or later for casting stones at others.Participant[quote=flu][quote=AN]It always amazes me how judgmental and vile some people can be, especially when they don’t have all the details. All I can say is “Let he who is without sin cast the first stone”.[/quote]
I don’t have an issue with him personally. My beef is with this financial planning/advisor “business”. I guess most of us here probably can tell when so a titled “financial advisor” can’t manage finances, let alone advise, and wouldn’t be put into a mess
… But have you considered that a majority of people in this country, who have very little financial competency, depend on so called financial “advisors”, who likewise most likely have very little financial competency too? It’s pretty sad imho.
Perhaps it’s harsh thing to say. But I’m a firm believer that you definitely don’t want to “advise” or “teach” something that you can’t do yourself. AN, I think it would be like one of us releasing a piece of software to production or to a customer that won’t work because you didn’t know what you were doing…[/quote]
flu, I don’t disagree with you. Which is why I’m managing my own money. A lot of them are salesmen at best. It is sad that people depend on others to manage their money. However, I know I’m not perfect, so I won’t go and attack people personally by calling them names and making judgment without knowing the whole story and all of its details. Some people can’t get off their high horse and are too quickly to resort to personal attacks.ParticipantIt always amazes me how judgmental and vile some people can be, especially when they don’t have all the details. All I can say is “Let he who is without sin cast the first stone”.
Participant[quote=flu][quote=AN]They all should just take a lie detector test and see who’s telling the truth.[/quote]
Politician + lie detector = does not compute[/quote]
Haha, then Cain should just pay each of them $50k to take the lie detector test if he’s so confident he didn’t do anything. I’m sure they would take the $50k.ParticipantThey all should just take a lie detector test and see who’s telling the truth.
ParticipantVery well said ctr70. I totally agree. I’m sure those great past presidents have skeletons in their closets as well, yet they turned out to be great presidents.
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